Listen "Passion for Construction Pt. 2 with Construction Disruption | Ep. 181"
Episode Synopsis
In this Part 2 of my interview with Todd Miller & Ryan Bell of the Construction Disruption Podcast, we get a bit personal and talk about the passion that we have for Construction. Also, we discuss the three specific things that you should negotiate in your contracts. Don’t miss this!
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:
(5:37) - They didn't try and overcomplicate things they just did one thing very, very well. And I guess simple scales and fancy fails
(11:13) - If you're actually going contractor side for that first 10 years, you will definitely get paid less, there's no bones about it, however, your experience will be so much more
(12:53) - You want to negotiate in your contract, you want to look at capping your overall liability
(13:00) - Look at a contract for termination, because can I get out just read that a lot of times it will say all the ways that they can terminate you and you can't terminate them. And so you want to be able to terminate them
(13:12) - Consequential damages is an absolute killer
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
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:
(5:37) - They didn't try and overcomplicate things they just did one thing very, very well. And I guess simple scales and fancy fails
(11:13) - If you're actually going contractor side for that first 10 years, you will definitely get paid less, there's no bones about it, however, your experience will be so much more
(12:53) - You want to negotiate in your contract, you want to look at capping your overall liability
(13:00) - Look at a contract for termination, because can I get out just read that a lot of times it will say all the ways that they can terminate you and you can't terminate them. And so you want to be able to terminate them
(13:12) - Consequential damages is an absolute killer
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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