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Ever wonder if the allure of free estimates is truly beneficial for your construction or remodeling business? Join us, Joshua and Carolyn McMahon, as we explore the hidden costs and the real value behind offering estimates on the house. This episode peels back the layers on why what's 'free' for clients could be a financial pitfall for professionals, and why rethinking this norm could lead to more equitable and qualified business engagements. We also delve into the art of balancing client engagement with protecting your intellectual property, sharing firsthand experiences and tactics from the kitchen and bath remodeling sector to navigate these murky waters.
Prepare to challenge the status quo as we unpack the ethics of building upon another professional's work, and how to discern serious customers from the casual window shopper. We examine strategies that go beyond the traditional free estimate model, such as incorporating technology for remote quotes and virtual consultations to better align efforts with business aspirations. The conversation extends an open invitation to consider whether these common practices in the trades industry truly translate to sustainability and success for your business. This is a candid discussion about the true cost of 'free' and how to safeguard your worth in a competitive marketplace.
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
5
22 ratings
We appreciate any and all feedback so feel free to send a text.
Ever wonder if the allure of free estimates is truly beneficial for your construction or remodeling business? Join us, Joshua and Carolyn McMahon, as we explore the hidden costs and the real value behind offering estimates on the house. This episode peels back the layers on why what's 'free' for clients could be a financial pitfall for professionals, and why rethinking this norm could lead to more equitable and qualified business engagements. We also delve into the art of balancing client engagement with protecting your intellectual property, sharing firsthand experiences and tactics from the kitchen and bath remodeling sector to navigate these murky waters.
Prepare to challenge the status quo as we unpack the ethics of building upon another professional's work, and how to discern serious customers from the casual window shopper. We examine strategies that go beyond the traditional free estimate model, such as incorporating technology for remote quotes and virtual consultations to better align efforts with business aspirations. The conversation extends an open invitation to consider whether these common practices in the trades industry truly translate to sustainability and success for your business. This is a candid discussion about the true cost of 'free' and how to safeguard your worth in a competitive marketplace.
Support the show
Carolyn can be found on LinkedIn at:
https://www.linkedin.com/in/carolyn-mcmahon-937b89158
Joshua can be found on LinkedIn at:
www.linkedin.com/in/joshuamcmahon15
Email for feedback, questions, complaints, etc:
[email protected]
Daily Journal: https://amzn.to/41p9aKE
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