Construction Secrets w/ Cian Brennan
Cian Brennan
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Welcome to the Construction Secrets podcast where we talk about signing better construction contracts, getting better project cash flow and making more profit per project, and the many mistakes and failures we have learned along the way. Hosted by Cian Brennan.
Available episodes
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Oldest first
2 days ago
Why Cashflow Matters Most in Construction [Spotify Video Episode] | Ep. 220
Why does cashflow matter so much in construction? Get the answers here!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:37) - Ways that we can get ourselves into a better contractual position
(4:34) - You need to notify them if you’re delayed. You need to notify them if you’ve been asked to do additional work
(5:09) - Obviously, getting them to approve so quicker is going to help your cashflow
(6:24) - As much as possible, get pre-payments. Get paid upfront
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! ⤵️
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3 days ago
3 Contractual Tips for Civil Contractors [#ThrowbackThursday] | Ep. 219
This episode is a re-run. It was originally published on August 2022.
Attention Civil Contractors: Make your work better and easier with these must-know tips!💡👷♂️ Tune in!🔊
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:
(1:18) - You want to make sure that you're either eliminating liquidated damages from the contract
(1:49) - The worst thing that you could do is sign really high LDs that are way more than 1 percent of the contract value
(3:56) - Make sure that there's no re-warranty period
(4:34) - The big issue that can happen and does happen all the time is you need to be prepared for the moment where you're late or whatever's happened or issues that happen
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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4 days ago
How to Be Smart in Construction Contracts to Keep the Risks Away Pt. 2 with Constructing Art Podcast | Ep. 218
Get wise about construction contracts and say goodbye to risks!⚠️ Here’s Part 2 of my interview with Kenny Myers in the Constructing Art Podcast. 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:
(3:37) - The terms and conditions is something is another document in the contract that you need to be able to interpret
(5:44) - The key thing is it's not about starting a business it's about staying a business
(11:06) - A great strategy is to avoid disputes at all costs
(13:14) - How to not work with Quantum?
(18:16) - You got to have a longer-term perspective and understand that risk is silent
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! ⤵️
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6 days ago
How To Avoid Cashflow Indigestion in your Construction Projects Pt. 1 with Constructing Art Podcast | Ep. 217
Don't let cashflow issues ruin your construction projects! Here’s Part 1 of my interview with Kenny Myers of the Constructing Art Podcast. Tune in!🔊
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:
(6:21) - A lot of subcontractors are of the impression that if I try to negotiate I'm going to lose the work, and so they don't negotiate
(8:00) - Understanding what each clause in the contract means is very very important on how it impacts you
(13:13) - How can we structure our business as a high cashflow business?
(18:03) - When people pay more, they pay attention more, and they value your service more
(22:19) - The actual problem in that clause is a lot of times you don't have a way to terminate them
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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Sep 21, 2023
How To Make Your Construction Company Special, Not Just Like The Rest with Allan Dib | Ep. 216
Discover the secrets to setting your construction company apart from the competition and making it truly unique! Tune in to find out how.🎧
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:
(1:26) - How do you differentiate yourself to not be a commodity and not just have to compete on price alone?
(1:46) - Most of us, to some extent are selling a commodity
(2:03) - Often what people are really buying is not really the commodity
(3:44) - So speed, effort, time, and risk. Really, can you reduce the risk of doing business?
(4:14) - A lot of times it's about the things that are surrounding the core product
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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Sep 20, 2023
Why You Shouldn’t Sign a Standard Construction Contract [#ThrowbackThursday] | Ep. 215
This episode is a re-run. It was originally published on August 2022.
Uncover the reasons why signing so-called "standard" contracts might not be in your best interest. Whether it's an AIA, ASCE (US), JCT, NEC, FIDIC (UK), or AS (Australia) contract, they all share a common flaw that makes them questionable choices for your signature. Listen up!🔊
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:
(2:58) - If you get a contract, now what they've done is they've given the standard contract to a lawyer and they say change that contract so it looks the same
(4:06) - Standard contracts don't really exist anymore. If you get it, it's just a template that they've amended
(5:01) - If your risk is lower, then you're better, you're better off ultimately
(6:14) - If they haven't amended it, if they've amended it, it's pretty hostile and you need to be fully aware that it needs to be reviewed
(7:38) - If you can stay in construction over a longer period of time, you're pretty, you're going to do well, you're going to get a better reputation
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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Sep 19, 2023
Unlocking Massive Growth for Your Construction Business [Spotify Video Episode] | Ep. 214
Ready to elevate your construction company to new heights? Learn the art of mastering THIS ONE crucial thing. Don't miss out!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(1:32) - The best construction companies that are out there do one thing
(3:16) - A lot of the biggest companies are family-run companies private companies that have been in business for a long long period of time
(4:18) - I need to make decisions based on the company lasting over time and it's those decisions that are the decisions that are better. They're long-term decisions
(5:18) - Get paid upfront
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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Sep 14, 2023
How to Be the Squeaky Wheel in Your Construction Projects Pt. 2 with Master Builders Elevate | Ep. 213
Learn the art of being heard in construction!👌Tune in to this Part 2 of my interview with Ryan Castle for expert tips on becoming the squeaky wheel that gets the oil in your construction projects!🛞😉
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:
(2:42) - If you're always only bidding and that's your only acquisition channel, well then there are always races to the bottom because it's the lowest price technically qualified wins
(3:38) - Contract management in my view is quite simple, is that you have to prepare a body of evidence
(8:22) - Most construction companies do not die of starvation, they die of indigestion and that is cash flow restriction
(11:28) - They're going to use not approving things quickly as a tool against you because if they don't then your cash flow gets hit
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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Sep 13, 2023
3 Reasons Why the Construction Industry Rocks [#ThrowbackThursday] | Ep. 212
This episode is a re-run. It was originally published on August 2022.
Discover why we're fortunate to be part of the incredible construction industry. Here are three reasons it truly rocks! Tune in! 🙌🔊
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:
(3:31) - There are loads of problems as there is, but like, You have that community. And, that's one of the main reasons that the construction industry is great
(4:18) - You've got to apply your skills differently every time. So you really do have a lot more skill or experience over time
(6:28) - What is the best way to re-stimulate our economy?
(7:15) - Typically the construction industry is one that gets stimulated by the government
(7:31) - You're signing better contracts to have a low risk
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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Sep 12, 2023
How the Construction Contract is a Double-Edged Sword Pt. 1 with Master Builders Elevate | Ep. 211
Is your contract a shield or a dagger?🤔 In this episode with Ryan Castle of the Master Builders Elevate Podcast, we reveal why the construction contract is a double-edged sword you must master. Listen here! 🔊
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:
(6:48) - Ultimately what happens in the industry is the further down the chain you go the more risk there is
(9:46) - Smaller companies have better corporate governance they're also being advised just like every other company has that you need to push the risk down the away
(10:18) - A lot of large Australian companies or global companies have come into New Zealand to do projects and so with that, they're taking those the way they do business
(12:38) - What would be advice you would give to someone around who's maybe feeling that going I'm not feeling too confident about being involved with maybe these head contractors
(13:47) - How can we let the market know that we have been successful without making it about us or making it outward
(14:35) - The perception of risk is very similar to the perception of safety
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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Sep 10, 2023
The Costly Mistake Contractors Must Avoid in their Construction Contracts [Spotify Video Episode] | Ep. 210
Secure your success! Discover the contract mistake contractors should NEVER make.🔒 Tune in!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(1:45) - Typically what you want to have happened here is you want them to make those changes into the contract and then you sign that contract
(1:57) - When you ask them to make all of the changes that you've agreed to fifty percent of the time they haven't made all of those changes
(2:34) - Whatever you sign at the end of the day is what matters
(3:40) - At the very start of every contract there's what's called an order of precedence
(5:01) - We want to have the terms and conditions above the order of precedence
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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Sep 7, 2023
How to Implement Your 1-Page Marketing Plan Pt. 2 with Allan Dib | Ep. 209
Ready to turn your 1-page marketing plan into action? Tune in for Part 2 of my interview with Allan Dib and start implementing your strategy!👊💪
Need help with your Marketing? You can visit https://successwise.com or email Allan directly at allan@successwise.com 📨
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:
(2:18) - A lot of mistake a lot of people make is they kind of think all right I'm going to do a really good job and then I'll ask my clients to do a review afterwards
(6:52) - So cornerstone content and these days I sort of call it a cornerstone asset because it can be most commonly it's content but sometimes it can be an experience or sometimes it can be a tool
(8:15) - Lead magnets are fine but you might have a hundred different lead magnets because lead magnets are very much attached to the ad that you run
(13:09) - When I look at marketing implementation I'm thinking leverage
(13:56) - The reason assets are important is because income comes from assets
(14:11) - If you've got good marketing assets you can generate leads, lead flow, prospects, customers
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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Sep 6, 2023
Unethical Behaviour in The Construction Industry: My Worst Story [#ThrowbackThursday] | Ep. 208
This episode is a re-run. It was originally published on August 2022.
Unethical payment practices are not uncommon among large construction companies. Listen as I share my worst encounter!😱🔊
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:
(2:44) - You don’t think it’s a variation. You agree that it’s not a variation. You’re taking on that particular cost
(3:52) - If a PM hasn’t done a good job, he wants to get out a dodge because he doesn’t want to just all comeback and buy them
(5:48) - The rule there, the lesson from there is relationships are not important as they used to be
(7:06) - You need to make sure that when something big like this happens, one you’re covered or two the downside is not so bad, that you don’t get completely ruined
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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Sep 5, 2023
How to Create Your 1-Page Marketing Plan Pt. 1 with Allan Dib | Ep. 207
Ready to simplify and amplify your construction business marketing strategy? Learn the art of crafting a powerful 1-page marketing plan from the Marketing Expert and Bestselling Author, Allan Dib! Listen now! 🔊
Need help with your Marketing? You can visit https://successwise.com or email Allan directly at allan@successwise.com 📨
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:
(4:08) - Often what people are really buying is not really the commodity
(5:01) - When we're thinking about what are things that will build value is can you reduce the time or effort that it takes to deliver your service or buy your service or get a quot…
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Sep 3, 2023
The Hidden Risks Of Not Reviewing Your Construction Contract [Spotify Video Episode] | Ep. 206
Don't leave money on the table! In this video, discover why skipping contract negotiations could be costing you big in the construction game.💡 Tune in!
For more Construction Secrets videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:06) - Part of the technical qualification, each subcontractor has an opportunity to try and negotiate the terms of the contract or say what they don't agree with
(3:46) - Every proper construction company will try to negotiate
(5:17) - The downside is what's important
(5:48) - The risk is linear
(7:49) - We ne…
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Aug 31, 2023
7 Ways to Lose Money in Construction in 2023 | Ep. 205
Find out the 7 errors that could impact your business’ finances. Listen up and keep your money where it belongs!👂
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:
(2:24) - It doesn’t matter what country you’re in, the problems are the same
(3:09) - The problem is the final contract you end up signing is different to the quote
(6:54) - There’s always going to be changes or delays, and both of those things cost you money, without a doubt
(7:59) - Most businesses don’t die of starvation, they die of indigestion
(9:21) - It is better to be the company that is known for turning down projects than taking on too many
DISCLA…
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Aug 30, 2023
Too Busy to Win New Work [#ThrowbackThursday] | Ep. 204
This episode is a re-run. It was originally published on August 2022.
No time for more clients? Here's your next move! Listen to 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:
(1:44) - They don’t have enough time to tender. They don’t have enough time to review contracts
(3:33) - The problem we see all the time with construction companies, they spend so much of their time in delivery mode
(3:55) - Something that you need to spend a reasonable proportion amount of your company’s income is on your marketing essentially, on your business development
(5:12) - You need to be constantly having that churn of leads, of p…
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Aug 27, 2023
Bet Ya Didn’t Know Construction Contractors Are Doing This [Spotify Video Episode] | Ep. 203
Knowledge is your shield! Unveil this contract trick that construction contractors include in their contracts that could cost you!💸 Tune in!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(1:57) - So whatever state you’re in, you need to make sure that if there’s a dispute, where does it get resolved?
(3:14) - More often than not, an arbitration is a hundred grand before you even step out the door
(4:16) - In the front end, when we’re signing our contracts, we need to make sure that we check the applicab…
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Aug 23, 2023
Stop Relying on Relationships on Construction Projects [#ThrowbackThursday] | Ep. 202
This episode is a re-run. It was originally published on July 2022.
The Construction Industry has evolved in such a way that relationships aren't as important. Not that they are not important. Relationships are very important but they can go missing.🤦♂️ Why? Listen here!🔊
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:
(2:53) - The quarter that matters is when disputes start to happen
(3:04) - In that last quarter, clients decide to become contractual
(4:35) - If you’ve done something wrong contractually and you have a good relationship, you can get yourself out of contractual problem with your good relationship
(5…
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Aug 20, 2023
Mastering the Art of Building a Lucrative Construction Career [Spotify Video Episode] | Ep. 201
Looking to advance your career in Construction or start up? Tune in and learn about real Construction experience and get on your way to success! 💼💯
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(3:43) - If you’re doing the same thing time and time and time again for 20 years, you don’t have 20 years of diverse experience that you can bring. You’ve got a narrow skill set
(4:22) - The advice that they said was don’t go contractor or subcontractor side, go client side
(5:05) - I think you should go an…
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Aug 17, 2023
Why the Construction Industry Is One of the Best To Be In Pt. 2 with Commercial Construction Coffee Talk | Ep. 200
Construction Legends, this is something to be proud of! Discover why the Construction Industry is one of the best to be in right now. Here is Part 2 of my interview with David Corson of the Commercial Construction Coffee Talk Podcast. Listen here!👂
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:
(2:34) - There's a lot of money to be made at leasing as well
(4:54) - I think everyone expected AI to replace blue-collar jobs. And it actually looks like AI is probably gonna replace white-collar jobs first
(6:32) - You've got to hold the reins tight on AI because it's a dicey concept
(8:43) - There's so many other things that you can…
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Aug 16, 2023
How To Get More Construction Clients for Free [#ThrowbackThursday] | Ep. 199
This episode is a re-run. It was originally published on July 2022.
Simplified Client Attraction Strategies for the inexperienced and busy!😎 Listen here!
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:
(2:37) - Let me introduce you to the concept of cornerstone content
(3:31) - What did this to them was it made everyone go, well, they're the best straight away. They're the company that does that. They're the best company for what we need
(7:17) - You basically split your business up into two little businesses. Front-end business is this business that is gonna be training people. It's gonna be making you look like an expert
DIS…
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Aug 15, 2023
Why Construction Companies Are Going OUT OF BUSINESS Pt. 1 with Commercial Construction Coffee Talk | Ep. 198
Insider Insights! Understand why Construction Companies fail and learn from their mistakes! Here’s Part 1 of my interview with David Corson of the Commercial Construction Coffee Talk.🔊
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:
(5:52) - Problem is, subcontractors don't have the expertise. They don't have the time to review the contracts, and so they end up just signing them as is, or just signing in, like not really understanding what they're getting into
(6:07) - The construction industry has the highest insolvency rate out of any industry. So 26% of all insolvencies come from the construction industry
(7:56) - The probl…
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Aug 13, 2023
THIS is How to be The BEST Construction Project Manager [Spotify Video Episode] | Ep. 197
Covering aspects from scheduling to effective communication and problem-solving, this video episode is your guide to becoming an excellent Project Manager. Tune in to elevate your skills! 🏗️🎧
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:01) - Experience does matter a lot particularly in construction because there are so many of the same things that happen over and over and over again
(4:21) - Logic, evidence, and utility
(6:11) - Internally in your own business you got to manage your bosses
(6:31) -…
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Aug 10, 2023
NEVER Agree to these 3 Contract Terms Pt. 2 with Couture & Construction | Ep. 196
In this Part 2 of my interview with Andrew Denny in the Couture & Construction Podcast, we talk about the Construction Dispute Strategy, what Squeaky Bum Time means, and the 3 Company-enders that you should NEVER agree to! Find out here!🔊
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:
(2:53) - If you’re in a dispute, it’s a race to see which party loses the least amount of money and also attention and time
(4:23) - What are three company-enders that one should never agree to
(8:33) - With the consequential loss, you want to say no we don’t agree to consequential loss or loss of profit as a company in general
(12:21) - Bu…
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Aug 9, 2023
Stop Taking On More Construction Projects [#ThrowbackThursday] | Ep. 195
This episode is a re-run. It was originally published on July 2022.
Believe it or not, there’s a reason why LESS is MORE even in Construction. Why? Listen here!🔊
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:
(1:32) - The most dangerous thing at the moment is taking on more work
(2:52) - The bigger tier one construction companies are actually just one big finance company
(4:06) - The ability to be able to actually get the people and the ability to get enough materials to be able to deliver what you're being asked to deliver is high, which means your risk is pretty high
(5:12) - The companies that do the best are more concer…
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Aug 8, 2023
Why Saying NO is a WIN in Construction Pt. 1 with Couture & Construction | Ep. 194
Winning with 'NO': Explore the fascinating world of rejecting opportunities in construction to secure better outcomes. Learn why sometimes 'NO' is the ultimate 'YES' to your Construction Business goals!✅💡Here’s Part 1 of my interview with Andrew Denny of the Couture & Construction Podcast.
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:
(3:43) - 26% of all bankruptcies are from the Construction Industry. Where does that stat come from and what’s going on?
(4:39) - Construction had the highest insolvency rate at any industry
(5:22) - Typically GCs don’t do any work at all
(5:30) - As you move down that contractual chain…
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Aug 6, 2023
From $0 to a Successful Construction Company: The Ultimate Guide [Spotify Video Episode] | Ep. 193
Looking to take your construction business from nothing to everything? Learn about the practical tips for turning your startup into a thriving construction company.💡
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(3:15) - It’s not how hard you row, it’s what type of boat you’re in
(3:25) - What type of construction company are you going to have?
(3:29) - What is your business money model? How are you going to charge for work?
(4:41) - As a company, you’re only worth what was like your goodwill, and wh…
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Aug 3, 2023
How To Use AI in Construction Pt. 2 with Adrian Smith | Ep. 192
Unlocking Construction's AI Potential🔓 Explore how AI is reshaping the construction landscape, optimizing workflows, and increasing efficiency in this Part 2 of my interview with Adrian Smith. Listen here!👂
You can visit the following links to connect with Adrian Smith and his AI tool:
- Adrian Smith's LinkedIn
- RunGopher.ai
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:
(2:28) - How could your average person in a construction business… How would they start using not just ChatGPT but AI generally? How would they approach in their businesses?
(3:56) - Write down the repetitive tasks and then go Google or go into ChatGPT…
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Aug 2, 2023
This is Why You Shouldn't Walk off Your Construction Project [#ThrowbackThursday] | Ep. 191
This episode is a re-run. It was originally published on July 2022.
The key to construction project success: Stay dedicated, finish strong, and never abandon the job halfway.👊
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:
(2:03) - Whatever has happened on a project, if you walk off the job, you’re going to default on your contract. So, you’re gonna default on your obligation to perform the work
(2:56) - You can’t walk off the job. You need to do what the contract says and set yourself up with the series of events so that you can walk off the job
(5:28) - Your contract is your friend. Comply with the contract. Build a st…
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Aug 1, 2023
AI in Construction Pt. 1 with Adrian Smith | Ep. 190
Our new series continues where I get to interview high-level experts in the Construction Industry for some free consultations and advice for you! In this Part 1 of my chat with RunGopher.ai's General Manager, Adrian Smith, he shares his thoughts about the big picture of AI in general and the layers of AI. 🤖🦾 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:
(3:48) - How do we make our lives more efficient? How do we be more productive? And how do we do things that actually you know we enjoy and we don’t have to do the things that we don’t enjoy
(5:07) - AI is data, that’s all it is. And so, the person th…
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Jul 30, 2023
You’re Doing Subcontractor Agreements WRONG! Here's a Smarter Alternative | Ep. 189
Are your Subcontractor Agreements costing you money? Find out the right way to secure your profits and achieve Construction Business Success! 💼💰 Tune in now to learn the secret!
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:
(2:42) - They got issued a purchase order which had the client’s terms and conditions on it. Now their first question was, are we now bound by the terms and conditions of this purchase order
(4:23) - You gotta know that them just issuing you a contract does not mean you have to sign it, even a purchase order or a service order
(5:47) - You don’t want to find yourself in a situation where you’re alr…
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Jul 27, 2023
This is the MAGIC Construction Business Model (Explained) | Ep. 188
Discover the BEST Construction Business Model and the game-changing benefits of Prepayment in your Construction Business.💡 Plus, book recommendations for Business Success!📚 Listen here!👂
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:
(3:09) - 10% might just be your margin and so if you get away for a whole year to realize your profit, that is essentially a bad business model in my view
(5:08) - How can we move a traditional construction company from the worst business model to a better one?
(5:26) - The first step is to start getting a prepayment on every project that you do
(6:40) - It liquidates your cost of acquisitio…
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Jul 26, 2023
Why Letters Of Intent Are Useless in Construction [#ThrowbackThursday] | Ep. 187
This episode is a re-run. It was originally published on July 2022.
Watch out! Letters of Intent in a Construction Project are USELESS!🤦♂️ Listen and find out why! 🤓
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:
(2:58) - It’s a letter of them intending to award their contract to you. So you essentially should do nothing until you get the contract
(4:04) The letter of intent is essentially useless
(4:15) Don’t start on-site without a contract. A letter of intent is not a contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can…
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Jul 25, 2023
STOP using these Construction Contracts [Spotify Video Episode] | Ep. 186
Beware of Standard Construction Contracts that are NOT really “standard”!😱 In this episode, find out the truth about “Standard Construction Contracts”. Tune in!👍
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:01) - In comparison to the contracts that are out there, standard contracts are very fair
(2:50) - Standard contracts don’t really exist anymore. What you get is you get a standard contract that is amended
(3:22) - Every standard contract these days that you see is amended
(3:55) - Well i…
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Jul 23, 2023
10 Construction Management Wins | Ep. 185
Curious about how to secure your Success in Construction Management? Don’t miss these 10 Winning Tips! Listen now!🔊
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:
(2:38) - Volume is vanity. Profit is sanity. But, cash flow is king in construction
(3:37) - Be a squeaky wheel when it comes to payments
(4:15) - Before you sign any contract. Make sure that you understand the escape hatch. How do you get out of the contract?
(06:28) - So many construction companies say I am in construction when the reality is no you’re not. You’re in the business of construction
(8:12) - Number one rule is do not lose money. The second rule…
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Jul 20, 2023
Construction Profitability with Ruth King | Ep. 184
In this new series, I get to interview high-level experts in the Construction Industry for some free consultations and advice for you. Our first guest is Profit and Wealth Guru, Ruth King, who shares her insights on the importance of Profitabilty and reveals the one thing that Construction Businesses must focus on to increase their Profitability. Don’t miss this!
You can visit this link to learn more about Ruth King and her expertise: ruthking.info
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:
(3:07) - If you're going to grow your top line, you should grow your bottom line or keep your top line the same and grow your bottom line…
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Jul 19, 2023
Why You Shouldn't be Afraid to Submit a Notice of Dispute in your Construction Project [#ThrowbackThursday] | Ep. 183
This episode is a re-run. It was originally published on July 2022.
Seize Control of Your Construction Project: Notify your Contractor and Submit your Notice of Dispute for a speedy resolution! Tune in!
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:
(2:56) - When you get a letter of intent, that's what it is. It's a letter of them intending to award a contract to you. So you essentially should do nothing until you get the contract
(3:28) - Maybe you can get them to commit to a singular purchase order where you say, well, here's what we're going to do
(4:03) - Remember, the letter of intent is essentially useless. It's just their…
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Jul 18, 2023
The Construction Industry's Price Problem [Spotify Video Episode] | Ep. 182
Out with the old, in with the new! Find out why the lowest priced technically qualified approach is outdated in Construction!🤔
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
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:
(2:45) - The guy who wins the bid is a guy who probably underpriced a bid or made a mistake pricing the bid or whatever, but his margin is gonna be razor thin
(3:39) - The best construction companies out there have got two things in common: they’ve been in business a long time, and they do one thing
(4:09) - If you're just the cheapest,…
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Jul 16, 2023
Passion for Construction Pt. 2 with Construction Disruption | Ep. 181
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…
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Jul 13, 2023
How To LOSE Money As A Construction Contractor [Spotify Video Episode] | Ep. 180
Bankruptcies happen in different industries and the Construction Business is not an exception. Find out in this Spotify video episode how to effectively manage when your Client in your Construction Project goes Bankrupt!
For more Construction Secrets videos, subscribe to our youtube channel using this link: Construction Secrets Youtube Channel
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:
(3:08) - If there’s a trading halt that means there’s something really bad that’s about to happen
(4:09) - The thing about liquidation or bankruptcy that you’ve really got to understand is once it’s happened it is almost game over
(4:…
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Jul 12, 2023
The One Key Difference between Successful and Unsuccessful Construction Companies [#ThrowbackThursday] | Ep. 179
This episode is a re-run. It was originally published on July 2022.
There’s a very thin line between winning and failing. Discover what it is to ensure your Construction Business’ Success. Listen here! 👂
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:
(2:09) - Rule number one is never lose money. And rule number two is don't forget rule number one
(2:32) - The really good companies tend to be family-owned companies or very large companies, companies that have been in business for a long time
(4:21) - The smaller companies are looking for a huge upside. They're looking for that one big job that's gonna make them loads of mon…
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Jul 11, 2023
Why The Subcontractor Has the Worst Contract in the Contractual Chain Pt. 1 with Construction Disruption | Ep. 178
Understanding the subcontractor's struggle: Join me in this interview with Todd Miller and Ryan Bell of the Construction Disruption Podcast as we delve into why they often bear the brunt of unfavorable contract terms. Tune in!🔊
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:
(4:11) - Construction really is two parts. You gotta construct, you gotta deliver, you gotta supply your material, you gotta do something, but you gotta get paid for it
(6:20) - You don't necessarily need to understand everything in it, but you need to understand the key things that impact your company and what are the things that could ultimately lose you mo…
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Jul 9, 2023
Do THIS To The General Contractor To Make More Money | Ep. 177
Want to stand out from the competition? Explore the strategies for leveraging your client's reputation to your advantage in this podcast episode.
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:
(2:33) - If you get a bad PM, like that can be terrible. I mean, that can really affect your profitability on a project, if not managed correctly
(4:13) - So the way to approach this is you need to be doing it at the start and building that relationship with the project manager
(4:19) - So there's two things you wanna build. One, you wanna build the reputation of their company. And two, you wanna build, if you can, build a reputation of that…
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Jul 6, 2023
This Is THE Mistake Most Construction Businesses Make | Ep. 176
Starting a construction business requires careful planning and foresight. In this episode, we reveal the common error when starting a Construction Business and how to avoid it. 🤓
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:
(2:54) - It's not always about price
(3:25) - The game that is being played is that they give you their worst possible contract and they have backups for everything
(3:44) - You need to stop thinking that by being commercial and or inverted commas, confrontational with them regarding your contracts, that that's gonna reflect badly on you
(5:12) - Small companies do these type of things. They don't negotia…
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Jul 5, 2023
Why Scope Creep Can Make You More Money [#ThrowbackThursday] | Ep. 175
This episode is a re-run. It was originally published on July 2022.
What is a “scope creep” and how does it help your business to make more money? Listen here!
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:
(1:39) - The biggest issue that we always see with like trying to put claims is the incident surrounding the claim has already happened
(2:49) - They were giving so much additional work, they weren't, actually making much progress on the original scope
(4:39) - The lesson really to learn from this is you can look at scope creep and doing additional work in two ways
(5:59) - We underbid in the front end to win the work bec…
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Jul 4, 2023
How To Profit In Construction | Ep. 174
Business growth in any industry takes time. But, did you know that there is Success Formula for Construction Business that pushes growth? Tune in to find out!🔊
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:
(6:32) - The key takeaway here is that there is a game being played, regardless of what way you want to look at it, there is a contract game being played
(6:45) - All of these companies at the end of a project will be trying to save money. And one of the ways they can save money is by not paying you
(7:22) - The business of construction has winning more work and delivering the work, and getting paid for the work
(7:29) - Yo…
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Jul 2, 2023
3 Ways to Skyrocket Your Margin in Construction | Ep. 173
Don't miss out on valuable insights! Discover the three Powerful Strategies that can help you Skyrocket your Profit Margin in your Construction Business. Listen up! 👂
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:
(5:09) - Oftentimes it's doing a lot more of the exact same thing that you're doing, rather than trying to do a completely different strategy
(5:49) - You need to decommoditize your offer
(6:27) - If you can't be the absolute cheapest, it's better to be the most expensive
(7:45) - You need to have more than one acquisition channel
(8:26) - If you have a different way to win business other than just bidding for work,…
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Jun 29, 2023
Better Cashflow with Contractor Cents | Ep. 172
Join us as we explore the critical factors that can make or break your business. Discover why Pre-Payment and Contract Negotiation are essential for achieving long-term success in your Construction Business.💡 Here’s my interview with Ruth King of the Contractor Cents Podcast. Listen now!
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:
(4:26) - You can set yourself up to have better cash flow, better margin, and avoid disputes. That's why we try to negotiate better contracts
(5:08) - If you can get a prepayment upfront, it makes your cash flow for the whole project so much better
(6:05) - If you're in construction long enough,…
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Jun 28, 2023
Exactly How To Ruin Your Relationship On A Construction Project [#ThrowbackThursday] | Ep. 171
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 hopefu…
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Jun 27, 2023
Construction Subcontractor Wins Pt. 2 with Construct Strategically Yarns with Andy | Ep. 170
Uncover the missing link as a Construction Subcontractor. Join us in this Part 2 of my interview with Andy Alagappan of the Construct Strategically Yarns with Andy Podcast, as we reveal the missing link to Construction Business Success. Listen to 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:
(6:34) - The returns are in the terms and the margin is in the post-award
(7:20) - If you look at the termination clauses, a lot of times it will lay out all the ways that they can terminate you and it won't say anything about how you can terminate them
(14:04) - Where most of the money comes down to is the contract
(14:28) - Learn how…
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Jun 25, 2023
Contract Strategy Pt. 1 with Construct Strategically Yarns with Andy | Ep. 169
Looking for Proven Strategies to set your Business on the path to SUCCESS? Dive into this podcast episode and learn why Starting Off Contractual matters.
This is Part 1 of my interview with Andy Alagappan of the Construct Strategically Yarns with Andy Podcast.
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:
(5:41) - The thing about disputes is it's a race to see who loses the least amount of money
(8:33) - When you get into a dispute, even if you're fully in the right, you're still going to lose money
(9:06) - Think of the biggest guy in your sector, is that person commercial or contractual?
(10:45) - The cold, hard fact about i…
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Jun 22, 2023
THIS Kills Your Margin On Your Construction Project | Ep. 168
Get expert advice on dealing with REMOVED Scope of Work. Listen up!👂
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:
(4:07) - They are entitled to be paid for what you agreed in their contract and the work that they've done
(5:35) - They're entitled to be paid for the costs unless the contract says different
(5:57) - If they’re terminating you in the contract, you are entitled to get paid for demonstrated actual costs
(6:32) - You should be entitled to claims for the costs that you have incurred
(7:04) - Check your termination clauses, check your variation clauses in your contracts that you signed
DISCLAIMER: The content of…
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Jun 21, 2023
How We Helped Two Construction Companies Avoid Bankruptcy [#ThrowbackThursday] | Ep. 167
This episode is a re-run. It was originally published on July 2022.
Gain valuable knowledge from real-life examples in this podcast episode about Avoiding Bankruptcy in the Construction Industry.
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:
(2:26) - You should always have a rise and fall clause in your contract and you should tie it to an index so that if the base price increases you still don't get hit
(3:06) - The reason they asked you to sign a lump sum contract is to lock in a cost
(3:26) - I suggest you use at any time you go into a meeting at all is to use what we call the G-R-O-W model
(7:58) - Which of those would you…
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Jun 20, 2023
How AI is Shaping the Future of the Construction Business Pt. 2 with The Conscious Builder Show | Ep. 166
Ready to explore the game-changing impact of AI on the construction business?🤯 Here’s Part 2 of my interview with Casey Grey of The Conscious Builder Show.
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:
(6:33) - AI is here. It's like when the Internet arrives
(9:43) - AI now has been created and it's very cheap and it's very quick and it's very powerful
(13:26) - The returns are in the terms
(13:28) - If you're a contractor, the margin is in the post-award phase
(13:33) - Avoiding a dispute is far cheaper than getting into a dispute
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended t…
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Jun 18, 2023
Why Construction Companies are Going Out of Business Pt. 1 with The Conscious Builder Show | Ep. 165
Gain a profound understanding of why Construction Companies FAIL and learn strategies for long-term success in this episode with me and Casey Grey of The Conscious Builder Show.
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:
(5:44) - In the last 5 to 10 years, standard contracts are few and far between
(6:09) - Cost plus is beneficial to the builder and it can be beneficial to the owner in a different circumstance
(9:56) - The concern is not the lowest price. The concern is I need to get that thing done and that's my number one priority
(10:54) - What costs a lot more money is the job not being done
(15:47) - You need to be look…
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Jun 15, 2023
5 Shocking Things About Construction Contracts | Ep. 164
Discover the 5 shocking things about construction that will put you ahead in the game of contracts! Tune in now!😉
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:
(1:51) - The first thing is not having a reciprocal termination clause
(2:34) - You need to make sure you have what's called reciprocal termination so that you can terminate them for default
(4:13) - Having no cap on your liquidated damages means that if the delay is huge, those costs could just spiral and spiral and spiral and get bigger and bigger and bigger
(4:40) - Consequential damages are consequential loss, which is essentially a loss of profit
(4:48) - Liquida…
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Jun 14, 2023
How to Get Your Retention Back on Construction Projects [#ThrowbackThursday] | Ep. 163
This episode is a re-run. It was originally published on June 2022.
Maximize efficiency and minimize costs! Follow these steps to regain control of your Construction Project. Listen here!👇
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:
(2:05) - Retention obviously is cheaper because you actually don't pay for anything.
(2:26) - Cash flow is king.
(3:35) - If there is debating that you haven't finished on time or stuff happens during defects liability periods, they use that money and not give it back to you.
(6:05) - Paperwork is always the key to getting things moving.
(6:12) - The contract’s not over until the defects lia…
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Jun 13, 2023
How to Avoid Disastrous Consequences of Faulty Contracts Management with Tradie Connection | Ep. 162
Get valuable insights on navigating contract management challenges. Listen and ensure your business thrives!🔊
Here's an insightful chat with Sean Carroll of the Tradie Connection Podcast.
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:
(3:25) - A lot of the smaller companies, they're often of the opinion that they can't negotiate a contract and they have to just sign the contract
(3:58) - The bigger and more advanced construction companies know that the margin is in post-award
(4:22) - If you start off submitting a notice within your variations quickly, EOTs quickly, and following a contract perfectly, they just look at you as…
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Jun 11, 2023
Why Effective Contract Administration is Vital for Success | Ep. 161
Don't underestimate the power of effective contract administration. Tune in and elevate your game!💪
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:
(4:34) - Relationships are important. The industry has definitely changed in that they are less important
(7:03) - As you start off being contractual, they actually just think you're very, very professional
(8:10) - If they can save costs by doing something contractually to you to make sure that you don't get paid, they will do it
(8:28) - One very good tip is to submit notices if you've been delayed and managed to mitigate the risk away
(8:57) - There's a contracts game at play he…
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Jun 8, 2023
Why Contract Management Software Is Costing You | Ep. 160
Don't let contract management software eat into your budget. Listen and find out why!
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:
(4:21) - People almost didn't use it because they didn't want to bother going through every single step and clicking it and opening it and go to the next step and the next one
(6:29) - A lot of the softwares are put together by IT people and the actual people that need to use the software on construction sites are supervisors and project managers
(8:31) - Think twice before you do invest because it's very expensive and it costs a lot of money
(8:49) - The system itself won't put money in your back p…
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Jun 7, 2023
How to Avoid Disputes on Construction Projects [#ThrowbackThursday] | Ep. 159
This episode is a re-run. It was originally published on June 2022.
What is the best approach when facing a dispute in your company? Should you proactively set up preventive measures or swiftly negotiate to mitigate its impact before it escalates? Listen to 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:
(5:44) - If you have the expertise and if you have the right advice, you can set yourself up to avoid the dispute completely or negotiate the dispute away before it becomes an issue
(7:22) - Everybody loses in a dispute
(7:33) - It's a race to see who loses the least amount of money when you're in the dispute
(7:38) -…
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Jun 6, 2023
Why Liquidated Damages Matter in Contracts: Explained | Ep. 158
Pay close attention to Liquidated Damages in your contracts! Do not disregard them!
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:
(3:28) - Liquidated damages is to reimburse the client for the cost of the delay to the construction project itself
(4:38) - The key thing in consequential damages is your client, more often than not, is so big that his profit or his loss of profit could be the size of your company
(5:20) - What can go wrong is they can hit you with liquidated damages and then they can also take you to court as well
(5:35) - We want the liquidated damages clause to say that liquidated damages are the sole remedy for…
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Jun 4, 2023
How to Win Projects with Higher Margins Pt. 2 with Buildipedia | Ep. 157
Discover in this Part 2 of the Buildipedia Podcast with Mat Wilk how to steer clear of the Vicious Cycle in Construction and the importance of exercising caution regarding Termination Clauses.
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:
(13:01) - Every major builder will have their own contracts because they are pushing risk
(13:14) - If you are lowering your risk as a builder, then you are without a doubt improving your long-term prospects
(15:34) - You will definitely get a higher margin if you deliver the projects on time within budget
(17:29) - People who are subcontractors that charge less tend to be at a higher risk in o…
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Jun 1, 2023
What are the 3 Specific Things Spoken About in Construction? Pt. 1 with Buildipedia | Ep. 156
Achieve Tangible Results with Proven Construction Strategies.💪 Here is Part 1 of the Buildipedia Podcast Interview with Mat Wilk.
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:
(4:31) - In a leadership position, you're more of a servant to the organization
(9:32) - Every project has a combination of things that go right or wrong
(15:25) - Our success actually looks like silence, because if you sign a contract that has less risk or sets you up for success, there's no outcome
(18:05) - There's a lot more to be gained from just saying how it is
(23:02) - Being able to deliver your service to a high standard is just the price of…
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May 31, 2023
3 Contractual Tips For Civil Contractors [#ThrowbackThursday] | Ep. 155
This episode is a re-run. It was originally published on August 2022.
Enhance your contracting game with insider knowledge! Listen to this podcast!🔊
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:
(00:39) - Each different type of company has different ways of making money and not making money or different risks that they have
(1:18) - You want to make sure that you're either eliminating liquidated damages from the contract
(3:55) - What you guys need to do, is going to make sure that there's no re-warranty period
(4:37) - You need to be prepared for the moment where you're late or whatever has happened or issues that happen
D…
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May 31, 2023
Why Two Perspectives Matter in the Construction Industry | Ep. 154
Learn how two perspectives drive success in the Construction Industry.💡
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:
(1:45) - 33% materials, 33% people and 33% profit
(3:48) - You need to have your contractual docs in a row or you get steamrolled
(6:16) - The thing is, it's not black or white. It is on a continuum
(7:26) - When you bridge that gap of showing them that you're an actual business, that makes the difference
(8:05) - They're afraid to say their business because they don't want to look unprofessional
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for…
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May 29, 2023
This is How Subcontractors Sabotage Site Relationships | Ep. 153
Mind your actions! This is how you can damage your relationships on-site‼️
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:
(3:29) - Even though they're doing good work on-site, they weren't getting paid
(5:15) - There's a chain of command that needs to be followed
(5:38) - The mindset shift that you need to understand here is it's not how good a job that you do
(7:14) - Create a great relationship where you consistently try and make him look good in front of his bosses. And that is the key to success on your construction projects
DISCLAIMER: The content of this podca…
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May 26, 2023
Uncovering How Construction Payment Levels Really Work | Ep. 152
Upgrade your payment game!🤑 Listen to this podcast!
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:
(5:14) - The worst case really is you win a tender, so you've had to cut your margin to win the tender or you've had to do something to perform the work cheaper than anybody else
(5:56) - You want to get the payments to lock in the costs of the materials
(6:09) - Try your best to negotiate that front payment
(6:38) - What is your offer that you can supply that will differentiate you from everybody else?
(7:26) - Stay away from that vicious cycle of tendering lower, lower, lower, lower, lower, lower, lower until you basically mak…
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May 25, 2023
The Difference between Liquidated Damages & Consequential Damages [#ThrowbackThursday] | Ep. 151
This episode is a re-run. It was originally published on June 2022.
Stand out and make a big change for your company! Learn about liquidated and consequential damages, and transform your system. Take action now to make a difference!
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:
(2:26) - Liquidated damages are to reimburse them for the costs, the increased costs of construction because of your delay
(3:48) - Agreeing to consequential damages is just something that you should always look for and make sure that you don't agree to
(4;39) - Liquidated damages is a pre-agreed estimate to what those damages would be to save everyone th…
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May 24, 2023
How to Approach Hostile Meetings in Construction Disputes Pt. 2 with Concrete Logic Podcast | Ep. 150
Discover in this episode the winning approach in Construction Disputes.😎 Here's Part 2 with Seth Tandett in the Concrete Logic Podcast.
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:
(2:48) - Once you understand how to interpret that contract honestly, most of the risk and understanding the risks that you're taking on goes away and you understand how to make more money in post-award
(3:17) - We win projects at a loss knowing that we have the contractual experience in the post-award phase on change orders to get our margin back and to make money
(8:52) - The key learnin…
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May 22, 2023
Navigating Risks in Construction Projects: Insights for Subcontractors Pt. 1 with Concrete Logic Podcast | Ep. 149
The way to success has a lot of risks. Part 1 of my interview with Seth Tandett of the Concrete Logic Podcast, we talk about key insights on Risk Navigation in Construction for Subcontractors.
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:
(5:28) - The worst contract in the whole chain goes to the guy that hasn't got the resources to deal with
(5:44) - That is probably the systemic issue in the construction industry where so many subcontractors actually don't understand how to negotiate and they don't understand what to negotiate either
(8:15) - Successful companies in co…
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May 19, 2023
How to Negotiate Well as a Construction Subcontractor Pt. 2 with Own The Build Podcast | Ep. 148
The secret to winning negotiations? Listen to this Part 2 of my chat with Paul Heming in the Own the Build Podcast.🔊
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:
(4:17) - If you want to be seen as professional and you want to be respected and have a good reputation, you don't get that from rolling over and doing what you're told nonstop
(9:59) - If you're contractual, you will be more profitable
(15:37) - Being contractual in inverted commas for the listener is not something that you shouldn't do. It's something that you should do because it completely and utterly pr…
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May 18, 2023
Why Negotiating Your Construction Contract will actually Win You More Projects [#ThrowbackThursday] | Ep. 147
This episode is a re-run. It was originally published on June 2022
As a professional contractor, you've probably bargained contracts with general contractors and clients before. But did you know that skillful negotiations for construction contracts can actually help you win more projects?
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:
(00:31) - How their view of construction changes, the more mature they get
(00:56) - As you get, you know, bigger as an organization and you start to grow, you start negotiating your contracts, you start becoming better commercially
(3:44) - You need to prepare, you need to look professional
(6:10)…
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May 17, 2023
The Contractor's Guide to Managing Delays and Cost Disputes Pt. 1 with Own The Build Podcast | Ep. 146
How to handle delays and cost disputes and get on your way to success?
Here is Part 1 of my conversation with Paul Heming from the Own The Build Podcast.🔊
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:
(5:46) - It's about getting an outcome, getting paid, getting stuff approved
(11:18) - The transaction of money more and more is bound by the contracts and less by handshakes
(11:46) - Too often subcontractors get the short end of the stick, and that's largely because their resource is not the resource of whoever they go after
(18:54) - The first thing in catching that…
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May 15, 2023
How to Maximize Your Time for Maximum Business Success | Ep. 145
Time in business is a relentless force that can make or break your success. Here are tips on how to use it wisely.💡
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:
(4:45) - You want to know what the risks are that is very important to you
(4:57) - If you were to pay someone that day rate, what would you want them to be doing for you?
(5:16) - Your time is extremely valuable to you and your business
(5:33) - You are more valuable to the company
(5:37) - Time is very important particularly for a lot of construction leaders
DISCLAIMER: The content of this podcast does n…
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May 12, 2023
Genius Hacks on How to Get Paid by Clients On-Time | Ep. 144
Cash flow plays a crucial role in business. Here’s a genius hack on how to avoid late client payments.
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:
(2:48) - It's about the small things
(4:01) - You're due to be paid when you're due to be paid
(4:48) - Be on top of when you're not paid
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…
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May 11, 2023
Your Construction Offices are Eating You Alive [#ThrowbackThursday] | Ep. 143
This episode is a re-run. It was originally published on May 2022.
Find out why construction offices KILL your 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:
(5:52) - If that wasn't there and would you actually be able to get more done?
(5:55) - Would you have nicer office space than you currently have?
(6:12) - Obviously you can increase your revenue, but the other side of the coin is obviously reducing your costs
(6:21) - Having external teams to do things are not your core focus
(6:33) - That's going to make a huge difference into making you a more flexible and durable construction company
DISCLAIMER: The content…
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May 10, 2023
How to Use AI for Construction Businesses Pt. 2 with The Building Talks Podcast | Ep. 142
AI Tools are now a big help not only in the digital industry but in the construction industry as well.
Here's part two of my informative podcast collaboration with The Building Talks Podcast with Martin Preece.⤵️
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:
(4:17) - It's a race to see who loses the least amount of money
(7:12) - The law is above the contract and the contract falls as part of that
(11:25) - Just control what you can control
(16:53) - Media is leverage
(18:39) - By using AI, you can deliver things quicker
(25:04) - If you can get that business to…
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May 8, 2023
How Construction Companies Master Effective Communication with Contractors Pt. 1 with The Building Talks Podcast | Ep. 141
Effective communication with contractors is a crucial skill that construction companies need to acquire in order to establish better relationships. Here's Part 1 of my interview with The Building Talks Podcast with Martin Preece!
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:
(2:46) - I was seeing so many companies losing money and going out of business because they didn't understand the contract
(15:12) - Lowest price technically qualified doesn't mean you're going to have the lowest total cost of ownership
(16:28) - If you've got a reasonable margin, you can afford bett…
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May 5, 2023
How to Achieve WORK-LIFE BALANCE as a Construction Subcontractor | Ep. 140
Here are life-changing tips to overcome work-life challenges as a construction subcontractor.
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:
(7:13) - Work is part of life.
(7:24) - Your life is your life and work forms part of it.
(7:59) - Fix that problem that why is work not fun.
(8:30) - You can design your life however you want.
(10:22) - I got rid of everything that wasn't productive or investment, which allowed me then to only work on things that are going to move the business forward.
DISCLAIMER: The content of this podcast does not constitute legal advice, is n…
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May 3, 2023
How To Avoid Losing Money When Construction Projects Dry Up [#ThrowbackThursday] | Ep. 139
This episode is a re-run. It was originally published on May 2022
Learn what to do to avoid losing money when construction projects dry up!
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:
(2:22) - In the construction industry, a lot of times it’s about people
(3:22) - You either have to hire or fire people
(6:23) - You don’t need a huge facility or offices to show that you’re able to do the work
(8:11) - You don’t need a huge workforce
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 adv…
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May 3, 2023
My Experience Closing a Deal with a $100M Chinese Subcontractor | Ep. 138
Learn the importance of contracts in business and my experience with a $100M Chinese Subcontractor 😱
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:
(5:51) - Regardless if you decide to go ahead with quantum or not, you 100% need to employ people contractually.
(6:49) - If these companies do that because there's a return on investment and so there is a game of contracts that you need to understand that is being played.
(7:29) - If the biggest and best construction companies out there are employing contracts people, it is for a reason.
(8:21) - How can I get a system th…
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May 1, 2023
Cracking the secret code to a company's growth | Ep. 137
Here's a secret for your construction company's growth 🤫
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:
(3:25) - What you need to do to be a successful contractor in this day and age is not just deliver on-site, but you need to deliver contractually as well.
(4:08) - Delivering on-site ensures that you get a good reputation and that you get referred and you get repeated works.
(4:18) - Delivering contractually ensures that you protect your profit margin enough and your cash flow so that you're able to do the additional work.
(4:42) - You got to be able to negotiate a…
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Apr 28, 2023
Negotiation is Power! | Ep. 136
Learn how this construction company wins more projects and opportunities through proper negotiation
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:
(02:10) - You need to negotiate better terms upfront.
(04:06) - You need to understand that everyone negotiates these things.
(05:45) - Ultimately it's going to reduce your risk, which is going to help you stay in business over the long term.
(05:54) - You need to be on top of your contracts.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, an…
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Apr 26, 2023
How To Run A Profitable Construction Company [#ThrowbackThursday] | Ep. 135
This episode is a re-run. It was originally published on April 2022
In this podcast, we'll explore some key tips and strategies for running a successful construction company, from optimizing your operations and finances to leveraging technology and building a strong team.
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:
(1:10) - The construction industry has the highest insolvency rate out of any industry
(1:31) - The equation is your reputation + repeated work + referred work
(3:07) - Are you able to contractually and commercially finance the additional work that you get?
(4:02) - They are able to deliver from a post-award point…
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Apr 25, 2023
How to be successful in the construction industry | Ep. 134
Secret to success? Show up 😉 Here are some tips to help you achieve success in the construction industry.
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:
(1:44) - Things were always very competitive
(4:17) - It's not what they have, it's what they don't have
(5:01) - We want mistakes, we learn from mistakes, we want to accelerate failure
(6:18) - Can you keep going without having success?
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 leg…
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Apr 24, 2023
The One Thing All Successful Subcontractors do to Stay Profitable | Ep. 133
There isn't just one thing that all successful subcontractors do to stay profitable, as there are many factors that contribute to profitability in the subcontracting industry.
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:
(1:20) - What are you optimizing for?
(4:01) - Most of the time, they tend to do one thing only
(5:35) - The most amount of money goes to the guys that don't lose
(6:29) - Reducing your risk in your contract negotiations
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not…
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Apr 20, 2023
How this subcontractor negotiated its way out of bankruptcy | Ep. 132
The secret to avoiding bankruptcy 🫣
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:
(1:36) - They were locked into a price on a massive project
(2:27) - There's no rise and fall or escalation clause
(3:11) - If you continue to work on this project you're gonna go under
(4:58) - All we wanna do is we'll take it all up so that we can just break even on the project
(6:25) - Using the word "cash flow" all of a sudden perks up their ears
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…
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Apr 19, 2023
Why You Shouldn't Worry When Other Construction Companies Lawyer Up [#ThrowbackThursday] | Ep. 131
This episode is a re-run. It was originally published on April 2022
Don't fret about legal complications in your company; there's no cause for alarm. And here's why 🎧
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:
(1:06) - What happens when your client lawyers up? Or does your subcontractor lawyer up?
(2:31) - Now they're spending that time just keeping their foot in the game by doing these judications
(3:51) - If they were so confident, they wouldn't bother with a lawyer they would just point at things in the contract
(4:02) - You know their argument isn't that great so you know that your response needs to be
(5:17) - Don't be sc…
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Apr 18, 2023
6 Ways The Construction Industry Is Changing (And What You Need To Do) | Ep. 130
The construction industry is constantly evolving, and staying up-to-date with the latest trends and technologies is critical for success. Here are six ways the construction industry is changing, and what you need to do to stay ahead.
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:
(1:42) - It used to be all about relationships, but it is no longer the case.
(2:55) - You just don't really see standard contracts anymore.
(4:24) - AI, ChatGPT is actually going to replace white-collar workers pretty quickly.
(5:56) - The cost of materials, across the board, has gone bonkers, particularly in co…
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Apr 16, 2023
Lessons Learned from a Subcontractor's Contractual Nightmare | Ep. 129
I'm gonna tell you a war story of probably the worst incident of something going wrong... contractually.
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:
(1:25) - Subcontractors in my view are the only people that actually do any form of construction
(4:25) - From here on in we're gonna have to just deal with the contract
(5:49) - That's essentially when they came to us to talk about it
(7:28) - The biggest and best construction companies have contracts teams for a reason
(8:12) - All you can promise is you will try to do something
DISCLAIMER: The content of this podcast does not constitute leg…
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Apr 13, 2023
What WARREN BUFFET and Construction have in common | Ep. 128
If you're a CEO in the making, here's what Warren Buffet will tell you!
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:
(1:27) - When starting out a business, you risk a little amount of money.
(2:26) - But then as things go on in your business, the investment strategy changes.
(3:34) - They're not going to put a huge amount of money into risky investments.
(4:42) - I can understand when you first start out, you just need to sign the contract, right?
(5:31) - It's assessing the risk of the client.
(6:56) - We're saying it's probably time to start turning down jobs because of the risk in the market a…
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Apr 12, 2023
How to avoid common mistakes in construction management? [#ThrowbackThursday] | Ep. 127
This episode is a re-run. It was originally published on September 2022
Here's how to do construction management right and how to avoid common mistakes.
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:
(1:12) - Generally, when you're a contracts manager or you're in construction management there are two kinds of different aspects to the role.
(2:56) - It's very difficult to find someone in construction management who can wear both hats.
(3:16) - Delivering on-site is going to give you a better reputation.
(5:03) - At the end of the project, they almost went under because they didn't comply with the contracts.
(7:21) - If you can deliver cont…
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Apr 11, 2023
Structuring Deals and AI in the Construction Industry (on The Building Scale Podcast with Will Foret & Justin Neagle) Pt.2 | Ep. 126
To ensure profitability and success, deal structuring is critical. By leveraging artificial intelligence (AI) technology, construction companies can optimize deal structuring and improve efficiency, productivity, and ROI. Here's part 2 of my interview at the Building Scale Podcast with Will Foret & Justin Neagle!
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:
(1:44) - The returns are in the terms, that's where your money is made
(5:10) - Liquidated damages are to compensate your client for the delay and the cost of the delay
(8:37) - A lot of times there's an option to submit an alternative bid
(18:56) - T…
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Apr 10, 2023
Singular Focus & Scaling (on The Building Scale Podcast with Will Foret & Justin Neagle) Pt.1 | Ep. 125
One of the most important factors that construction companies must master is the ability to build success from the ground up. Here's part 1 of my interview with The Building Scale Podcast with Will Foret & Justin Neagle!
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:
(6:40) - Negotiate the right things in the right way
(10:20) - Lawyers would get you out of the problem that you're in
(14:52) - Scale brings complexity
(21:49) - How we've done over 2600 contract reviews and negotiations
(28:50) - Approximately 26% of all bankruptcies of all businesses are from the construction industry
(31:54) - If you try to ne…
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Apr 6, 2023
The Little Guy Getting Screwed Over (on The Take Off With Mick Donaghy) Pt. 2 | Ep. 124
Don't let the bigger construction companies bully you. Learn what to do on part 2 of my interview with The Take Off Podcast with Mick Donaghy.
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:
(1:14) - Don't transfer the title until you get paid!
(3:00) - How to pass on the risk to someone else.
(5:00) - Your project managers manage your project as a side hustle only.
(8:13) - What to do when you get into a dispute.
(11:00) - Advice on how to properly manage contracts
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 relie…
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Apr 5, 2023
Why you need to wear bulletproof vests on a construction project [#ThrowbackThursday] | Ep. 123
This episode is a re-run. It was originally published on May 2022
In any kind of business, proper documentation is very important! This is a sort of receipt for you to get paid properly.
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:
(1:07) - They built an oil refinery and they ran it for a couple of years.
(2:10) - Get out there and they put a bulletproof vest on.
(5:04) - They're essentially not getting paid for work that they're entitled to get paid for because their paperwork is so terrible, right?
(5:57) - It has a complete effect on how your cash flow is, and how your profitability is on your project.
DISCLAIMER: The content of this podcas…
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Apr 4, 2023
How Consultancies Actually Work (on The Take Off With Mick Donaghy) Pt. 1 | Ep. 122
Learn more about how contract consultation works. Here's part one of my interview with The Take Off Podcast with Mick Donaghy
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:
(2:24) - What Quantum does is we are a smart contracts management contracts administration solution for construction companies
(6:44) - I wanted to help the construction contractor subcontractors with the contract administration process because so many of them were losing money
(10:02) - Anything where you're looking at a contract that has fifty to a hundred 200 pages
(12:42) - You know what would you say you know makes a good contract and what mak…
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Apr 2, 2023
The nominated subcontractor nightmare in construction | Ep. 121
Don't let a project turn into a nightmare! Here's something you need to consider before signing that contract.
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:
(1:11) - First thing is the nominated subcontractor
(3:23) - You're going to have to get the finance that's going to cost you a load of money
(4:05) - You want to have all of the things that you've negotiated done with regard to the nominated contractor just before you signed a contract
(4:49) - But the bottom line is you need the information before you sign the contract because it could cost you an absolute ton of money
DISCLAIMER: The content of this podcast d…
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Mar 30, 2023
Mastering Construction Meetings: Expert Tips and Tactics | Ep. 120
Here's how you can approach your construction team meetings in the future.
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:
(1:13) - And at the end of the day, subcontractors are the only people in the whole contractual chain to actually do construction work.
(2:20) - But the older companies who are sticking to relationships are the companies that are getting bitten at the moment
(4:40) - So even though relationships are still important if you haven't done the contractual stuff, there's nothing you can do.
(5:49) - But if you are contractual from the get-go, from the beginning, they don't look at you as difficult to deal with…
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Mar 29, 2023
You'll win more construction tenders when you understand this [#ThrowbackThursday] | Ep. 119
This episode is a re-run. It was originally published on May 2022
Here's a secret to gaining more construction clients
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:
(1:21) - The client side.
(2:11) - And the thing you got to remember is their KPI
(3:10) - The actual reality of the situation is that when you try and negotiate your contract
(4:53) - So how to really upset the contracts engineer is when this happens a lot.
(6:42) - So I really encourage you to think of it from their point of view when you're doing these things.
(7:04) - And so that ultimately can reduce your risk by a factor of ten on a project.
DISCLAIMER: The content of this podcast…
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Mar 28, 2023
The Ultimate Construction Process Guide for Subcontractors | Ep. 118
Subcontractors play a critical role in the construction process, and mastering this process can be key to success in the industry.
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:
(1:10) - Three distinct parts of a construction project or phase
(2:06) - So you negotiate on price and on terms via the competitive tendering bid or if you're just going one to one with the client
(3:30) - You're gonna have to give them two types of security
(4:29) - Now you start and you get on with the project
(5:42) - You get to the practical completion date, and you get your practical completion certificate
(7:01) - Be careful, that can happen, tha…
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Mar 27, 2023
The Ultimate Guide to Building Strong Relationships On Construction Sites | Ep. 117
The construction industry is all about teamwork, and that means building strong relationships with your colleagues and partners.
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:
(1:54) - Construction used to be this very big relationships game
(3:10) - There are a few landmark court cases in different countries which has shown conclusively that if you don't comply with the contract you're not gonna get paid
(5:38) - While relationships are important, they've changed a lot
(6:24) - I think the average life span of a job these days is two years
(7:29) - The best way to save money is to figure out which companies haven't been contractually…
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Mar 23, 2023
The #1 Secret to Building a Successful Construction Company | Ep. 116
Are you aiming of 100% success for your construction company? Here's a secret we would like to share.
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:
(1:22) - The problem that we see in the market
(3:29) - They don't want to be perceived as difficult by a client
(4:31) - Risk is very very important for the longevity of a construction company
(6:17) - When it doesn't go well, it goes very badly wrong
(8:01) - Margin is in post-award
(9:15) - We're happy to win a bid at a loss knowing that over the course of the project, we're going to make up the margins
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intend…
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Mar 21, 2023
Squeaky Bum Time In Construction (on Bridging the Gap with Todd Weyandt) Pt. 2 | Ep. 115
Learn more about the squeaky bum time in construction as I discuss it in part two of my collaboration with Bridging the Gap Podcast with Todd Weyandt!
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:
(2:35) - Everything happens in that final quarter
(5:58) - People are more worried about losing money and getting ripped off than making lots of money and growing
(7:21) - It gave us confidence that you knew what you were doing
(10:23) - Machinery replaces blue-collar workers
(12:05) - Construction is a little behind as well as an industry
(13:35) - The most successful construction companies are the companies that do one thing
(15:01) - The innovatio…
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Mar 19, 2023
Client/GC Side or Subcontractor Side (on Bridging the Gap with Todd Weyandt) Pt. 1 | Ep. 114
Understand how the subcontractor side works in a construction project. Here's part 1 of our collaboration with Bridging the Gap with Todd Weyandt.
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:
(3:47) - When you're in your 20s, you really should be learning not earning
(5:33) - The challenge that they're facing is that AI is without a doubt here
(8:10) - Why we are using Chat GPT every day now
(9:48) - 26% of all insolvencies come from the construction industry
(10:57) - In that contract, both of those guys are gonna have lawyers, contract people on both sides are gonna negotiate a contract that they believe is fair
(14:31) - The game of construction…
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Mar 16, 2023
What the biggest Construction Companies do (on The Connecting Industry Podcast with Kieran Moran) Pt.2 | Ep. 113
Here are some of the things that the biggest and most successful construction companies do. Learn more as Cian discusses in an interview with The Connecting Industry Podcast with Kieran Moran.
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:
(1:05) - All about Quantum Contract Solutions
(2:06) - What will happen if you are in a dispute?
(3:36) - The pitch of Quantum Contract Solutions to its clients
(5:50) - How to save money
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…
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Mar 15, 2023
How to defend yourself against the corrupt & the stupid in construction [#ThrowbackThursday] | Ep. 112
This episode is a re-run. It was originally published on May 2022
BUSINESS IS BUSINESS! Yes, it is, but it doesn't mean that you can abuse the other parties involved in the contract.
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:
(1:28) - It's a lot of work given the scale of these oil and gas projects
(2:55) - You don't have a contract with the principal you have a contract with the main contractor
(4:30) - The construction industry has the most insolvencies of any industry
(7:06) - If ever you're looking at your own contract make sure you have a reciprocal termination clause
(9:57) - We managed to negotiate that reciprocal termination clause
(10:19) -…
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Mar 14, 2023
Being a laborer, 33% margins, Impact of Risk & more (on The Connecting Industry Podcast with Kieran Moran) Pt. 1 | Ep. 111
Learn more about being a laborer, about the 33% margins, and the impact of risk in this interview at The Connecting Industry Podcast with Kieran Moran.
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:
(1:50) - How did I land in the Construction Contracts Industry?
(6:00) - Advice from my father when I was starting the business
(10:26) - What I learned from the client side
(14:16) - What inspired me to push through in starting Quantum Contract Solutions?
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 profess…
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Mar 12, 2023
SUBCONTRACTORS: Beware The Dangers of Time Bars in Construction | Ep. 110
In the world of construction, time is of the essence, and delays can have serious financial implications. Here's a podcast that can help you be aware of the dangers of time bars.
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:
(0:51) - Construction subcontractors are the guys that do all the construction in the world
(2:55) - Time bars are crucial, they're critical
(4:22) - They want that information so they can accurately predict what's going to happen over the next few months
(6:07) - In a construction project, they divide it into four quarters
(7:56) - Whatever you need to do to comply with the time bars you need to get it happening in your business
(…
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Mar 9, 2023
SUBCONTRACTORS: Ensure you have this in your construction contract | Ep. 109
Here's a podcast that will help you understand the ins and outs of termination in Construction Contracts
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:
(1:33) - You can get a drawing from an architect or an engineer and you can interpret that drawing very very well
(3:21) - When you're playing decisions out in your head maybe the worst thing isn't that bad
(6:17) - If termination for convenience is in there you want to make sure that you're getting paid the right amount of money
(7:00) - The one thing that is actually a problem is a lot of these contracts won't have any way for you to terminate, for you to get out of the contract
(8:14) - Should I be spend…
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Mar 8, 2023
Head Contract Shenanigans [#ThrowbackThursday] | Ep. 108
This episode is a re-run. It was originally published on May 2022
How will you deal when you encounter this kind of shenanigans while doing your construction business with clients?
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:
(1:30) - But for me, when it gets hot it's hard for me
(2:46) - Here's the contract I want you to sign, you can look at the contract and get back to me
(4:05) - You'll have all your liquidated damages in your contract but the head contract ones may prevail
(5:23) - You can never say to someone I'm not gonna pay you because I haven't been paid
(6:37) - Check to see if there's a head provision contract in there
DISCLAIMER: The conte…
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Mar 7, 2023
Low-Cost Marketing Ideas for Construction Subcontractors | Ep. 107
As a construction subcontractor, you know that building relationships and trust with general contractors is crucial for winning bids and getting repeat business. But how can you effectively market your services without breaking the bank?
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:
(1:35) - The marketing approach that they typically take is very traditional, some don't market at all
(3:19) - The main thing that you need to do over a long period of time is producing a piece of cornerstone content
(5:09) - On your website, you need to have what is called a pixel
(7:18) - It is no longer social media, it is now just media
(8:37) - Now it's not about the peo…
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Mar 6, 2023
The Vicious Cycle Of Tendering In Construction | Ep. 106
Tendering can be one of those processes where we feel like we're going around in circles. Here's why it's often a vicious cycle.
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:
(1:13) - What is the vicious cycle of tendering or how do you get yourself into a vicious cycle?
(2:32) - You were asked to be part of a bid or a tender
(4:14) - That's how mistakes happen, obviously, these guys made a mistake as well
(6:01) - You want to have a different acquisition channel other than bidding or tendering for work
(6:56) - The virtuous cycle is you win a project with a high margin
(8:18) - The biggest and best construction companies will win bids at a loss but they…
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Mar 2, 2023
Two Strategies from a VC Company to Take Your Construction Company to the Next Level | Ep. 105
Find inspiration from people and businesses that are successful... Here are two business strategies that have proven to be successful.
From laying the groundwork to reaching new heights, this formula for construction company growth is the key to building a brighter future.
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:
(1:32) - It has made no tangible difference to anything that we do except allow us to make more revenue
(2:50) - A lot of them are working for family wealth, venture capital companies, or investment companies
(5:03) - In the meantime, its top-line revenue only
(6:18) - It's not doing more complex things, it's doing the simple things that are…
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Mar 1, 2023
The formula for construction company growth [#ThrowbackThursday] | Ep. 104
This episode is a re-run. It was originally published on May 2022
From laying the groundwork to reaching new heights, this formula for construction company growth is the key to building a brighter future.
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:
(0:53) - The formula for construction company growth
(1:39) - The company that knew what they were doing contractually and also delivering on projects, did fine
(2:41) - They got hit with all these liquidated damages
(3:20) - Delivering on-site and delivering contractually is just as important
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for leg…
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Feb 28, 2023
The Ugly Truth of Construction Companies: Construction Alone Won't Save Your Business | Ep. 103
It's great to do a good job, but there is something else that will ensure you stay in business. Watch and learn from this video 💯
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:
(1:51) - There are so many construction companies that have gone out of business
(3:04) - Delivering on your promise is one of four different departments that should be in your business
(5:38) - The real purpose of delivering your service is to deliver a world-class experience
(6:55) - From your projects, you're stimulating referrals and repeated work
(8:41) - The difference between the vicious cycle and the virtuous cycle
DISCLAIMER: The content of this podcast does not constit…
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Feb 26, 2023
The NUMBER 1 Pitfall for Construction Subcontractors | Ep. 102
If you can avoid doing this then you'll save yourself a lot of headaches.
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:
(1:28) - You can analyze drawings, you can interpret construction drawings
(2:17) - If you agree to this particular clause, how does this impact your risk?
(5:07) - People think relationships are the most important thing
(7:05) - They'll open up the unpriced submission first to make sure that you are able actually to do the work
(9:14) - Can you do the work? Are you commercially savvy enough to handle all of this?
(11:00) - The whole project ran to a halt because of these snails
DISCLAIMER: The content of this podcast does not constitu…
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Feb 23, 2023
How a Better Construction Contract Can Save You Money | Ep. 101
You may think that a contract is just a piece of paper, but the reality is that it can SAVE you a lot of money.
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:
(1:31) - Risk is a little bit different in what a win looks like
(3:34) - The perception of risk changes a lot but the actual risk doesn't change
(6:08) - The road to less stupid is doing less stupid things, making fewer downsides
(8:02) - As a construction person you can analyze and interpret construction drawings
(9:38) - That's why signing a better contract is better for you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advi…
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Feb 22, 2023
Is 13 too young to drive a dumper? [#ThrowbackThursday] | Ep. 100
This episode is a re-run. It was originally published on May 2022
Thirteen is already a TEENAGER. They're already someone who understands how things work. 😉 But in reality, can a thirteen-year-old boy can really drive a dumper? Well, let us tell you, YES! Let's hear the story of Cian of how he was able to drive a DUMPER at the age of 13 (and the lessons he learned from it.)
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:
(1:09) - My daughter loves all those little vehicles, particularly her dumper.
(4:19) - There's no way a 12 or 13-year-old would be let on-site in the first place.
(5:24) - Everyone knows that we're gonna use this particular standard cont…
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Feb 21, 2023
Four Construction Management Hacks You Need to Know | Ep. 99
If you want quick hacks to make you a better construction manager, then look no further. Here are four construction management hacks that you need to know!
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:
(1:17) - There's always an opportunity to submit an alternative bid
(2:54) - We're looking for an X amount of upfront payment
(4:41) - What I'd like to do is give you a schedule of rates
(6:05) - Have you ever heard of Pavlov's dog?
(7:33) - You're not gonna be the type of company that accepts late payments
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…
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Feb 19, 2023
Common Sense Contract Management (on Tricks of your Trade with Michelle Cirson) Pt. 2 | Ep. 98
Contract woes can be solved a lot easier than you think... It just takes good management.
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:
(3:12) - Don't make it from Cian to Michelle because that's personal. Make it like a notice, like a memo.
(5:04) - Go in there and I want you to land and expand.
(9:19) - You can see that these people have family businesses, but your boss also has a family business as well.
(11:49) - You don't need to be a lawyer to be able to interpret a contract. You need to be able to interpret a contract and what you have to do.
(15:02) - Know all the reasons why for your business's health and success, you should negotiate contract…
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Feb 16, 2023
Advocating for Construction Subcontractors (on Tricks of your Trade with Michelle Cirson) Pt. 1 | Ep. 97
Here's Part 1 of my interview On Tricks of your Trade with Michelle Cirson | Standing Up for the Little Guys: A Powerful Advocacy Video for Construction Subcontractors
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:
(2:08) - We both aim for good commercial solutions rather than legal sword wars and getting into complicated disputes.
(7:47) - It was me rejecting people's invoices. It was me rejecting change orders.
(9:06) - The game is they give you the worst contract possible and they're expecting you to come back.
(14:58) - Success looks like science. Risk is silent.
(16:50) - The returns are in the terms.
(20:33) - One thing to note, your insurance compa…
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Feb 15, 2023
Exactly How to be a Terrible Construction Subcontractor [#ThrowbackThursday] | Ep. 96
This episode is a re-run. It was originally published on May 2022
Growing a construction business is definitely a lot of hard work especially if you are in the construction industry. You need a lot of field and office work to oversee. But how did Quantum Contract Solutions make the life of aspiring construction entrepreneurs made it easy for them to be on the right track?
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:
(0:58) - I'm gonna have to hire a CFO to handle all of these things, to manage the whole team.
(1:42) - Just get a manager service, that's how modern businesses do it these days.
(2:34) - You need to spend your time on the value creation of wh…
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Feb 14, 2023
Construction Disrupted: Why 2023 Calls for a Radical New Approach | Ep. 95
When the going gets tough there are no prizes for playing it too safe. Here's how to navigate 2023.
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:
(1:48) - Most governments around the world stimulated their economies to get through covid
(4:33) - We got this massive surge of inflation
(6:09) - How we can approach 2023 and beyond is to have frank conversations
(8:47) - You can negotiate on your project
(9:34) - Ask for stuff that you wouldn't normally ask for before
(11:55) - The vicious cycle and the virtuous cycle
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…
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Feb 9, 2023
Revealed: Top 5 Traits of Multi-Million Dollar Construction Companies | Ep. 94
Do successful businesses have things in common? Unequivocally yes... Here are 5 things that will make you more successful.
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:
(1:33) - We can see which companies do well and which don't
(3:03) - And then because you're really good at that one thing, your reputation increases.
(4:35) - We'd rather go to this company, we know they're gonna do a good job.
(6:17) - When you got a family business, what is it that makes them so successful?
(7:44) - The biggest tool that a client can use against you is restricting your cash flow.
(9:48) - Philosophy of keeping your overheads extremely low.
DISCLAIMER: The content of t…
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Feb 7, 2023
Secrets to a Lucrative Career in Construction | Ep. 93
By following these tips and continually developing your skills and knowledge, you can build a successful and lucrative career in construction.
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:
(2:02) - The man who built Galway
(4: 11) - Do I wanna go client-side or contractor-side?
(6:17) - On the client's side, you're typically in one project for a long period of time.
(8:01) - A project manager who understands the contract, who understands the commercial side of it - that's what's powerful.
(10:55) - If you want to start your own business, it's almost a no-brainer that you wanna go contractor.
DISCLAIMER: The content of this podcast does not constitute leg…
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Feb 5, 2023
What is a Contracts Administrator? | Ep. 92
A contracts administrator has the expertise to ensure you don't end up in contractual hot water. Learn more about what they do ⤵️
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:43) - Construction is essentially two parts.
(3:34) - The best and biggest construction companies have contract teams for a reason.
(5:11) - They are expecting you to negotiate.
(6:58) - Start professional. They'll think these guys are commercially savvy, they're very good.
(7:21) - If you're in a dispute, it's a race to see who loses the least amount of money.
DISCLAIMER: The content of this podcast does…
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Feb 2, 2023
4 Secrets to Increasing Cash Flow on Construction Projects | Ep. 91
Cashflow is the most important business lesson. Here's how you can score with our four top tips!
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:23) - Cashflow is one of the biggest reasons why construction companies go out of business
(3:15) - The first thing you need to look at is the payment terms
(4:40) - They ask you to notify them within 1-2 business days if there's a delay or if there's a change on site
(5:52) - You want to make sure that you're getting paid
(6:49) - There may be an option to submit an alternative tender
(8:25) - You can make your margin back, the 5% that you lo…
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Jan 26, 2023
Mastering the Art of Deeds and Guarantees in Construction Contracts | Ep. 90
In construction, there are a few key clauses that you need to get to grips with... Here are two crucial ones.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:54) - Relying on relationships is not prudent.
(3:00) - If you start to become contractual halfway through the project, it's a clear change of methodology.
(4:19) - Parent company guarantee and directives guarantee.
(5:27) - You can negotiate security out of the contract which will increase your cash flow.
(6:35) - They're asking you to take on additional risk.
DISCLAIMER: The content of this podcast does not constitute legal advi…
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Jan 24, 2023
Why Construction Disputes are Car Crashes | Ep. 89
Car crashes and disputes are no fun... We can't advise you on car crashes, but we can advise you on how to navigate construction disputes. Watch this video to learn more!
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:43) - What you need to know about a dispute is that they are extremely expensive.
(3:09) - Is your car worth the same amount of money because it's crashed now?
(4:10) - If you're in a dispute, the chances of you getting all your money back are so slim.
(5:44) - It's taking money from you and it's taking attention.
(6:52) - Avoid it before it becomes a problem, if it becom…
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Jan 22, 2023
How to get promoted as a project manager in construction | Ep. 88
Getting that promotion you've always wanted can be intimidating... here's something you can start doing RIGHT NOW to fast-track your career.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:25) - It's very hard to find really good project managers.
(3:17) - Every now and then you get a project manager who is one or the other.
(5:25) - You gotta encourage your PMs to understand how the contractual side is.
(6:11) - If you're very good on-site and you're commercial then you'll get promoted out of being a PM.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not i…
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Jan 19, 2023
Do this one thing to be more successful in Construction | Ep. 87
What if this ONE thing could literally make you more successful?! Listen to this podcast and learn more 😉
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:25) - We did an analysis of all our clients
(3:01) - The thing that has kept the most successful people in business is that they do one thing
(5:16) - Charge more for your services because you're better at it
(6:34) - The next level of the construction business is actually don't change
(8:01) - A family business doesn't make a decision based on now and this quarter
DISCLAIMER: The content of this podcast does not constitute legal a…
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Jan 17, 2023
Squeaky Bum Time In Construction | Ep. 86
The back end of the contract (excuse the pun) is when squeaky bum time kicks in. Listen to this podcast to find out more. 🫣
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:33) - Squeaky Bum time, the most important part of a foodball game
(2:52) - The best way to tackle a problem is to flip it around
(5:54) - Properly negotiate the terms and conditions of your contract
(6:20) - Submit your variations and change orders all the way through
(7:08) - You don't even get into a dispute
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substi…
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Jan 15, 2023
Asked to Proceed with a VO/CO without costs being agreed? Here is what to do | Ep. 85
If you're asked to proceed with a variation without discussing or agreeing on the costs then you need to listen to this podcast for advice.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:44) - 26% of all insolvencies come from the construction industry
(5:48) - Before signing a contract, check the variation clause
(6:23) - You mustn't proceed with a variation until a variation is approved
(7:26) - Make sure your whole team knows that you don't start work without a signed variation
(8:18) - This is my opinion on what you could do
DISCLAIMER: The content of this podcast does not constit…
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Jan 12, 2023
Use this trick to make more profit on your construction project | Ep. 84
Making money isn't as hard as making a profit. Here's a trick to help you to earn more cash.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1: 33) - You need to deliver contractually, that's where the money is.
(4:07) - If you wanted to reduce your risk, as much as possible submit a notice of delay.
(5:20) - You'll make so much more money if you submit your notices.
(7:47) - Make it look like a memo, not a letter.
(8:01) - You're covering your risks because you're getting your notices in.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a s…
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Jan 5, 2023
Why Construction Companies are going out of Business (with Niel Gibb) Pt. 2 | Ep. 83
With so many construction businesses going insolvent, here's how to avoid becoming a statistic
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(1:45) - My granddad owned a construction company called Brennan Construction
(4:42) - All we care about is saving you money and reducing your risk
(8:21) - Our vision is to help 1000 construction companies globally
(10:34) - We're in a bit of trouble
(13:12) - Can this builder stay alive for the duration of my project?
(15:28) - All for spending a fortune on mentors
DISCLAIMER: The content of this podcast does not constitute legal advice, is no…
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Jan 2, 2023
THIS is the Nr 1 Biggest Pitfall in Construction (with Neil Gibb) Pt.1 | Ep. 82
To avoid pitfalls you have to be able to pre-empt them. Here's some invaluable advice to avoid running into problems.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: _https://quantumcs.co/casestudy-podcast_
Timestamps:
(4:08) - My ideal client is a tier 2 contractor
(6:19) - When you try to negotiate, you look more professional
(9:10) - The main thing is how do I get out?
(11:40) - Are you clear about the scope of work?
(13:43) - We always go back to the contract
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 l…
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Dec 29, 2022
A Tip For Project Managers in Construction | Ep. 81
Project managers have difficult job that involves a lot of juggling. Here's a tip to make your life easier.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
If you're looking to reduce your risk by a factor of ten, make more project profit and have better project cash flow, visit this link: quantumcs.co/casestudy-yt
Timestamps:
(2:25) - There are two parts to a construction business
(3:54) - The goal is to make a profit and make money
(4:30) - Be the type of person that can deliver on site
(6:20) - You need to be able to deliver contractually and on-site
(6:33) - Focus more on the money side to be good
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 busines…
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Dec 25, 2022
Cashflow is King in Construction | Ep. 80
Just because you appear to be making money, doesn't mean you can't run into trouble. Find out why cash flow matters and how you can avoid running into big problems.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
If you're looking to reduce your risk by a factor of ten, make more project profit and have better project cash flow, visit this link: quantumcs.co/casestudy-yt
Timestamps:
(1:07) - Why is cash flow such an issue?
(2:45) - Ways that we can get a better contractual position
(3:20) - How long is the period between the filing of the payment application to when you get paid?
(4:17) - Make sure there are no problems when submitting variations, change orders, etc.
(5:21) - Getting a quick approval means better cashflow
(6:42) - Get pre-payments as much as possible
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be…
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Dec 22, 2022
Episode 79: This ONE thing will make you a better construction company
Is there really one thing that can make you a better construction business? Here's something you can implement immediately.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Dec 20, 2022
Episode 78: A trick used by tier-one Construction Companies that could cost you
In fables, there's usually a cunning fox out to trick an unsuspecting animal. In construction, the same logic applies. Here's one trick to look out for.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Dec 13, 2022
Episode 77: Give your construction client a reputation to live up to
The reputation of your client somehow lies in your hand. Here's how to give them the reputation to live up to
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Dec 8, 2022
Episode 76: How to write letters on a construction project
Here are some tips to create the best contractual letters. Watch this now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Dec 1, 2022
Episode 75: This one contract clause that will keep you safe with Inflation [Construction]
Inflation can result in a lot of extra costs if you're not careful. Here's how to make sure you're covered in your contract.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 30, 2022
Episode 74: Why you need to avoid being tied into the head contract if your are a Tier 2 Construction Company
Don't sign on the dotted line if the contract you're given is tied to the head contract... Here's why. 🔽
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 27, 2022
Episode 73: The 2 things about Intellectual Property that you need to know [Tier 2 Construction Companies Only]
Intellectual property has immense value. Don't take it for granted– here are two things you should know about it.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 24, 2022
Episode 72: Proportional Liability In Construction for Tier 2 Contractors [Australia Only]
Here's a podcast you need to listen to if you're a construction business in Australia. It'll give you all you need to know about proportional liability.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 22, 2022
Episode 71: Exactly what to do when you are asked to sign Guarantees and Deeds in your construction contract
Do you know what should be done when you are asked to sign Guarantees and Deeds? If not, this video is for you!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 20, 2022
Episode 70: Exactly what to do if your client goes insolvent on a construction project
The construction industry has the highest rate of insolvency, and this could massively impact you if your client goes bust. If your client goes insolvent here's how to avoid becoming collateral damage.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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 hav…
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Nov 15, 2022
Episode 69: How to reduce Risk On Your Construction Project
Risk is something everyone wants to reduce. By watching this video, find out how to navigate your construction projects so you don't end up with the bulk of the risk.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 13, 2022
Episode 68: How get paid for delays on Construction Projects
When jobs are delayed, there's often a snowball effect that means less money coming your way. What if you could change this and get paid for delays?
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 10, 2022
Episode 67: This One Thing Could Save You A TON Of Money On Your Construction Projects
You wouldn't say no to saving money right? Well here's a simple way to save money on construction projects.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 8, 2022
Episode 66: How to get out of a construction contract
Often people think they're tied to the contracts they sign... Here's what to do if you want to opt-out.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 6, 2022
Episode 65: Mastering limitation of liability [For Construction Owners/Senior Management]
Limited liability clauses can make or break the financial success of a project. To navigate this clause in a contract, here's what you need to know.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 3, 2022
Episode 64: How to negotiate your construcion contract
Some people have the knack for being able to negotiate, but that doesn't mean it can't be taught. Here are some easy tips on how to negotiate a contract.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Nov 1, 2022
Episode 63: The Definitive Guide to change orders in construction
How often does the scope of work remain unchanged in a construction project? Never, right? That's why everyone needs to know how variations and changes affect profitability and cash flow.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 30, 2022
Episode 62: What Most People Don't Know About time bars in construction
Here are the practical steps that you need to implement in order to deliver contractually and mitigate financial risk.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 27, 2022
Episode 61: Practical Completion is crucial in Construction. Here's why!
Nobody wants to be responsible for penalties, which is why you should have practical completion on your radar.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 25, 2022
Episode 60: The Construction Industry's Hidden Problem
There's an elephant in the room within the construction industry... and it's affecting subcontractors more than anyone else. Find out what this is, and why it shouldn't be hidden anymore.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 23, 2022
Episode 59: What are liquidated damages in construction all about?
It is important to know about liquidated damages and how can it affect the business. That's why here's a video where we discuss everything you need to know about liquidated damages.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 20, 2022
Episode 58: The extremely helpful guide to consequential damages on construction projects
Did you know that most subcontractors lack a firm understanding of consequential damages? We've put together this handy guide to ensure you aren't hit with a very nasty surprise at the end of your project.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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 h…
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Oct 18, 2022
Episode 57: Everything you need to know about defects liability on construction projects
Here's everything you need to know about defects liability on construction projects
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 16, 2022
Episode 56: How to negotiate your security on a construction project
Be secure whenever you do your construction projects! Learn how to negotiate them by listening to this podcast!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 12, 2022
Episode 55: Understanding Construction Tenders/Bids
In this podcast, we will be talking about what's exactly included with tender bid documents. Watch now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 9, 2022
Episode 54: How to Master Construction Payment Terms
There are a few strategies you can do to make your payment terms with your client better! Learn how to negotiate them properly from this video.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Oct 6, 2022
Episode 53: The Shocking Truth About Termination on Construction Projects
Don't let your client terminate you just because they want to terminate you! Protect yourself! Watch our latest video to learn more!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Sep 29, 2022
Episode 51: Construction Contracts Management Explained
Do you fully understand what you are signing in a construction contract? It is important that you are aware of every detail of it so watch this and be 100% aware of what you are signing!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Sep 27, 2022
Episode 50: The Complete Pre-Construction Process
Learn the complete pre-construction process so that you and your clients will be on the same page! Watch this video now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Sep 26, 2022
Episode 49: 5 Shocking Things About Construction Contracts
Are you aware that there are some dirty little secrets in your construction contracts? 🧐 Well, watch this video to learn more!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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.
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Sep 20, 2022
Episode 48: A Construction Contract Management Hack
People value relationships and believe that contracts ruin relationships by making them too impersonal. Find out how to protect your business relationships, while also protecting your business, by maintaining contractual obligations with this easy hack.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
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…
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Sep 18, 2022
Episode 47: An Important Conversation About Contract Administrators In Construction
Have you ever wondered how you can stand out from the competition as a construction manager? Watch this video to see how you can compete with the best, and make your business more money.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
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Sep 15, 2022
Episode 46: The Only Construction Management Video You Need to Watch
Have you ever wondered how you can stand out from the competition as a construction manager? Watch this video to see how you can compete with the best, and make your business more money.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Sep 13, 2022
Episode 45: Shining A Light On Construction Contracts
A lot of contracts make the simple complex, luckily we’re here to explain how to make the complex simple. Not only that, but we know what tools you need to be able to play the game so that you minimise your downside and sign less risky contracts.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Sep 11, 2022
Episode 44: If I Try to Negotiate My Construction Contract, They Will Give The Project To Someone Else
In construction, there’s a misconception that clients don’t want you to negotiate, and that if you do, they’ll award the work to someone else. This video debunks this and explains why negotiation is a key way to secure the best contract and appear a lot more professional.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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 b…
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Sep 8, 2022
Episode 43: Why Time is Your Most Valuable Asset in Construction
The average person works 220 days a year – this may seem like a lot, but considering how much unnecessary work and admin we deal with we need to start working smarter. In this video, there are a few key ways to save valuable time, and in the process avoid losing money in the long run.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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…
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Sep 7, 2022
Episode 42: What to do when your Subcontractor is Late [And now you are late]
Nobody wants a project to be late! Here's what you can do to avoid these instances in a construction project!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Sep 2, 2022
Episode 41: The Nominated Subcontractor Nightmare In Construction
Here's something you need to consider before signing that contract. Don't let a project turn into a nightmare! Watch this video now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Aug 30, 2022
Episode 40: 3 Items you need to understand when Accelerating a Construction Project
What is the reason for an 'acceleration' in a construction project? Know here!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Aug 25, 2022
Episode 39: 3 Contractual Tips For Civil Contractors
Are you a civil contractor? Here are some tips to make your work better and easier!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Aug 23, 2022
Episode 38: Why you shouldn't sign a standard construction contract
Listen to this podcast to find out why you shouldn't sign "standard" contracts.
Whether it's an AIA, ASCE (US), JCT, NEC, FIDIC (UK), or AS (Australia) it doesn't matter - if all of them have this issue in them, they aren't worth signing.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Aug 22, 2022
Episode 37: 3 Reasons Why Construction the Industry Rocks
Here are 3 reasons why the construction industry rocks and we are all lucky to be involved!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Aug 18, 2022
Episode 36: Unethical Behaviour in The Construction Industry [My worst story]
Large construction companies often times act unethically when it comes to paying their contractors. Here is my worst story.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Aug 11, 2022
Episode 35: The Planning Fallacy in the Construction Industry and what you can do about it
The planning fallacy is an aspect of decision-making in the construction industry that has significant health risks, financial implications, and poor business performance. Watch this video and learn more!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 31, 2022
Episode 34: Too busy to win new work
Are you all caught up with your current client and cannot accommodate more? Here's what you need to do. Watch our latest episode now!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 28, 2022
Episode 33: Stop Relying on Relationships on Construction Projects
Today we discuss why relationships used to be important in the construction industry but now become not as important as they used to be.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video 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.
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Jul 26, 2022
Episode 32: How To Get More Construction Clients for Free
There are many things you can do to attract more clients, but if you are inexperienced and don’t have time to spend researching different methods, here is what I’d recommend doing.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 21, 2022
Episode 31: Stop taking on more Construction Projects
With the effect of the global recession and this COVID-19 pandemic, there's a valid reason why you should stop taking on more construction projects for now. Wanna know why? Watch this short video and save your construction company from taking a big risk!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 19, 2022
Episode 30: This is why you shouldn't walk off your construction project
Be professional, finish what you have started, and do not walk off from your construction project.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 17, 2022
Episode 29: Why Letters Of Intent Are Useless in Construction
From a contract expert's view, a letter of intent in a construction project is useless. So if you have a letter of intent in your drafts, discontinue it and watch this video to know why.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 15, 2022
Episode 28: Why you shouldn't afraid to submit a notice of dispute on your construction project
You can submit your notice of dispute at any time during the construction project. It’s not legal responsibility to notify a contractor in this case, but it can help you get the job fixed more quickly.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 11, 2022
Episode 27: The One Key Difference between Successful and Unsuccessful Construction Companies
There's only one difference and you should know it now so that you'll know where your company will fall... to the successful or the unsuccessful? To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 8, 2022
Episode 26: Why Scope Creep Can Make You More Money
Can scope creep be a good thing? While scope creep is usually viewed as a negative phenomenon, Cian sees some good in it. Watch and save your business from any incoming trouble while making more money!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
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Jul 6, 2022
Episode 25: Exactly How To Ruin Your Relationship On A Construction Project
If you want to have a good and long relationship with your current client, do these easy steps and you'll have them for life!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
playlist_add
Jul 3, 2022
Episode 24: How we helped two Construction Companies avoid bankruptcy
Here's how Quantum Contract Solutions helped two construction companies avoid bankruptcy.
It could be you and your company in the future...so listen to this podcast!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
playlist_add
Jun 30, 2022
Episode 23: What Warren Buffet Would Say to a Construction Company CEO
Do you know the real responsibility of a CEO? Listen to what the great Warren Buffet said ⏬
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
playlist_add
Jun 27, 2022
Episode 22: How to get your retention back on construction projects
Here are some steps you can follow to regain control of the costs and productivity of your construction project.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
playlist_add
Jun 26, 2022
Episode 21: How to avoid disputes on Construction Projects
What do you really need to do when you are having a dispute in your company? Should you set yourself up to avoid it completely or negotiate the speed away before it becomes an issue? Here's the best advice from Quantum Contract Solutions' CEO, Cian Brennan.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
playlist_add
Jun 21, 2022
Episode 20: The difference between liquidated damages & consequential damages
Be different! Learn the difference between liquidated and consequential damages and make a big change in the system for your company!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
playlist_add
Jun 20, 2022
Episode 19: Listen to this 5-min podcast to restore your faith in the construction industry
We’re approaching year three of the COVID-19 pandemic, with no clear end in sight. During this time, construction companies had to make a tough call, and their decisions have run the gamut from trust-building to trust-breaking. Gain a new kind of trust in the construction industry when you watch this 5-minute video.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https:/…
playlist_add
Jun 12, 2022
Episode 18: Why negotiating your construction contract will actually win you more projects
As a professional contractor, you've likely negotiated contracts with general contractors and clients on a number of occasions. But did you know that negotiations over the construction contract could actually win you more projects?
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
playlist_add
Jun 8, 2022
Episode 17: What is 'Squeeky Bum Time' on a construction project and how do you use it to save money
Are you familiar with the 'squeeky bum time?' And how it is beneficial in saving up your money when it comes to a construction project?
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: _https://bit.ly/3mssQK8_
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May 27, 2022
Episode 16: Construction projects will get a lot riskier in Q3 Q4 2022
Are you ready for the big risk this coming quarter?
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May 27, 2022
Episode 15: Train your clients to pay you on time
What has training your dog and getting paid on time on your construction projects got in common? Learn from this podcast!
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May 27, 2022
Episode 14: Your Construction Offices are Eating You Alive
Wondering why growing your business seems so hard? Let Cian tell you why one of the factors is your construction office!
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May 27, 2022
Episode 13: How To Avoid The Losing Money When Construction Projects Dry Up
Learn what to do to avoid losing money when construction projects dry up!
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May 26, 2022
Episode 12: How To Run A Profitable Construction Company
Do you know the exact equation to make the perfect company? A company that everyone is aiming to work with, a company that values their people as well as a company that gives you the profit that you desire? If you don't have any idea yet, here's Quantum Contract Solutions CEO Cian Brennan, to share with you his knowledge and wisdom on how to run a profitable construction company. 👇🏻
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May 25, 2022
Episode 11: Why You Shouldn't Worry When Other Construction Companies Lawyer Up
Are you worried about legal complications in your company? Don't be! Learn why from Quantum's CEO, Cian Brennan!
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May 24, 2022
Episode 10: This concept will help you win more tenders
Wanna learn the secret to how to win more tenders? Learn from the expert in the field, Cian Brennan! Watch this video and you'll exactly learn the way it should be done after.
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May 22, 2022
Episode 9: Why you need to wear bulletproof vests on a construction project
In any kind of business, proper documentation is very important! This is a sort of receipt for you to get paid properly. Clients or contractors are very meticulous with this one because this is how they know that you get the job done! For more tips from Quantum's CEO, listen to this podcast.
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May 19, 2022
Episode 8: You'll win more construction tenders when you understand this
Do you know the secret to gain more clients? How about the secret of how to make things easier and faster when negotiating with other companies? Here are some tips from Cian Brennan, CEO of Quantum Contract Solutions, on how you can make the best, undisputable contract ever!
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May 17, 2022
Episode 7: How to defend yourself against the corrupt & the stupid in construction
BUSINESS IS BUSINESS! Yes, it is, but it doesn't mean that you can abuse the other parties involved in the contract.
Just in case you encounter an 'abusive' contractor, be in the know!
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May 16, 2022
Episode 6: The Big Short Movie 2022 (Construction Edition)
Have you ever seen the biggest movie of the century? 😅 Well, hey, it's all about construction and infrastructure! 😅 Creating a movie is almost as expensive as building a simple house! Why? The prices go up every year for each material that is used! So here are a few tips from your Quantum guy, Cian, on how you can be sure that you are getting what you paid for.
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May 13, 2022
Episode 5: Head Contract Shenanigans
In any form of business, there are lots of 'shenanigans' as what others use as a term for 'conflict' but how will you deal when you encounter this kind of shenanigans while doing your construction business with clients? Learn what are the common shenanigans in a contract and be an expert in dealing with these! Listen to this podcast and avoid encountering those shenanigans! 🤔
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May 12, 2022
Episode 4: The formula for construction company growth
Just like how cooking works, there's a perfect recipe for creating the best version of your construction company. Know the exact ingredients and proper way for the growth of your company! Watch this video from the successful guy himself, Cian.
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May 10, 2022
Episode 3: Is 13 too young to drive a dumper?
Thirteen is already a TEENAGER. They're already someone who understands how things work. 😉 But in reality, can a thirteen-year-old boy can really drive a dumper? Well, let us tell you, YES! Let's hear the story of Cian of how he was able to drive a DUMPER at the age of 13 (and the lessons he learned from it.)
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May 9, 2022
Episode 2: Exactly How to be a Terrible Construction Subcontractor
Growing a construction business is definitely a lot of hard work especially if you are in the construction industry. You need a lot of field and office work to oversee. But how did Quantum Contract Solutions make the life of aspiring construction entrepreneurs made it easy for them to be on the right track?
Learn how you can be a BIG ONE in the industry of construction in the next 5 to 10 years! Listen to this podcast now!
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May 5, 2022
Episode 1: The Construction Secrets YouTube Channel and Podcast
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteeitunes
playlist_add