This episode is a re-run. It was originally published in October 2023.

Most contractors have no idea how to actually get paid when a client goes under.

There’s a hidden game happening behind the scenes — and the ones who know how to play it walk away with their money while everyone else gets left out.

It’s not about hoping, chasing, or filling out the forms they hand you — it’s about knowing how to work the system to your advantage.

If you’re in construction and you want to survive what’s coming, you can’t afford to miss this.

Listen now and learn the moves that separate those who get paid from those who get wiped out.

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Timestamps:

(2:29) - It's a bit of an epidemic of construction companies going out of business

(3:51) - There's two things has been scarce

(5:48) - What the GCs and main contractors tend to do is they squeeze people's cashflow in order to make a deal

(6:07) - How do we keep our cashflow alive? How do we make sure that we get paid?

(8:01) - Basically, you want to kill them with paperwork

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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The Truth About Why Subcontractors Are Going Out of Business [#ThrowbackThursday] | Ep. 378

Construction Secrets