10 Construction Management Wins [#ThrowbackThursday] | Ep. 374
This episode is a re-run. It was originally published in July 2023.What’s the secret sauce for construction management success? It’s all about these 10 key wins! Tune in now to find out how you can apply them to your projects!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(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 is refer to rule number one. And, what that means in construction is doing work for freeDISCLAIMER: 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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10:54
Do THIS To The General Contractor To Make More Money [#ThrowbackThursday] | Ep. 373
This episode is a re-run. It was originally published in July 2023.Want to rise above the competition? Listen to this episode to learn how to leverage your client's reputation for a competitive edge.Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(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 PM(8:02) - Remember that you want to give them a reputation to live up to because they will live up to itDISCLAIMER: 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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8:32
This Is THE Mistake Most Construction Businesses Make [#ThrowbackThursday] | Ep. 372
This episode is a re-run. It was originally published in July 2023.What if the biggest hurdle to your construction business success is something you’re overlooking? Find out the common mistake that’s stopping most businesses from reaching their full potential. Listen now to learn more!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(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 negotiate their contracts. They think that they can't negotiate. Big companies negotiate(5:57) - You need to be able to interpret what's in the contract(6:03) - You could go to a construction lawyer that is in your area and you go and have a meeting with him and tell him what you wanna do is you wanna draft up a set of commercial principlesDISCLAIMER: 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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6:43
How To Profit in Construction [#ThrowbackThursday] | Ep. 371
This episode is a re-run. It was originally published in July 2023.Imagine working in construction and actually seeing the profits roll in. It’s not a dream—learn how it’s done and find out how to make it happen!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(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) - You need to be able to understand the impact of having good contracts team in your business so that you get paid the money that you're entitled to be paidDISCLAIMER: 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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8:59
3 Ways To Skyrocket Your Margin in Construction [#ThrowbackThursday] | Ep. 370
This episode is a re-run. It was originally published in July 2023.Margins feeling tight? Here are 3 proven ways successful contractors are increasing their profits. Tune in to learn how you can do it too!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptInTimestamps:(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, then that's going to allow you to have higher margins(8:57) - The best construction companies are the companies that do one single thing very, very wellDISCLAIMER: 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
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 Quantum Contract Solutions.