Welcome to the Construction Secrets podcast where we talk about signing better construction contracts, getting better project cash flow and making more profit p...
My Experience Closing a Deal with a $100M Chinese Subcontractor [#ThrowbackThursday] | Ep. 358
This episode is a re-run. It was originally published in May 2023.
What’s it like navigating a $100M deal with a major Chinese subcontractor? Get a firsthand look at the process, the challenges, and the payoff – listen now for all the details!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to GAIN expert advice weekly for FREE? Go here: https://quantumcs.co/YTNewsOptIn
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
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 that makes sure they get I get all my docs in a row contractually so that I'm protected contractually if anything happens?
(8:41) - Time is 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 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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9:24
Cracking The Secret Code To A Construction Company's Growth [#ThrowbackThursday] | Ep. 357
This episode is a re-run. It was originally published in May 2023.
What’s the key to rapid growth in the construction business? We’re breaking down the strategies successful companies use to scale fast. Don’t miss out – tune in!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to GAIN expert advice weekly for FREE? Go here: https://quantumcs.co/YTNewsOptIn
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
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 good contract
(4:48) - Understand that delivering contractually is just as important as delivering on-site
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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5:22
Construction Contract Negotiation is Power! [#ThrowbackThursday] | Ep. 356
This episode is a re-run. It was originally published in April 2023.
In construction, your power lies in the contract. Strong contract negotiation is your best tool. Listen up and discover how to use negotiation to your ultimate advantage!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to GAIN expert advice weekly for FREE? Go here: https://quantumcs.co/YTNewsOptIn
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
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, 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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6:15
How To Be Successful In The Construction Industry [#ThrowbackThursday] | Ep. 355
This episode is a re-run. It was originally published in April 2023.
Success in construction isn’t just about hard work—it's about strategy. In this podcast, learn what top professionals do to stay ahead in the game. Tune in!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to GAIN expert advice weekly for FREE? Go here: https://quantumcs.co/YTNewsOptIn
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
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 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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7:21
The One Thing All Successful Subcontractors Do To Stay Profitable [#ThrowbackThursday] | Ep. 354
This episode is a re-run. It was originally published in April 2023.
What’s the secret to staying profitable as a subcontractor? Tune in to discover the one thing all successful subcontractors do to keep their margins high and their business thriving. Listen up!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to GAIN expert advice weekly for FREE? Go here: https://quantumcs.co/YTNewsOptIn
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
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 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 Cian Brennan.
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