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This episode is a re-run. It was originally published on July 2022.
Learn about the Essential Strategies to maintain a strong and successful Relationship with your Clients for your Construction Business.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:38) - At the end of the day, money matters so we can't pay them. And that's exactly how to tarnish relationships, ruin it completely
(5:48) - If you start a contract, you negotiate your best position
(6:21) - They know who you are, they know you're professional, they know you're on top of it. And at the end of the project there is no issue and you get your final account and hopefully you get your retention back and move on
(6:46) - We're often blue in the face telling people that that's how to manage a contract because they're so worried about ruining a relationship
(6:55) - The best way to ruin a relationship is to just ignore the contract completely and then eventually get into a huge fight at the end
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
By Raine Gerber5
77 ratings
This episode is a re-run. It was originally published on July 2022.
Learn about the Essential Strategies to maintain a strong and successful Relationship with your Clients for your Construction Business.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:38) - At the end of the day, money matters so we can't pay them. And that's exactly how to tarnish relationships, ruin it completely
(5:48) - If you start a contract, you negotiate your best position
(6:21) - They know who you are, they know you're professional, they know you're on top of it. And at the end of the project there is no issue and you get your final account and hopefully you get your retention back and move on
(6:46) - We're often blue in the face telling people that that's how to manage a contract because they're so worried about ruining a relationship
(6:55) - The best way to ruin a relationship is to just ignore the contract completely and then eventually get into a huge fight at the end
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter

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