This episode is a re-run. It was originally published in March 2024.

One mistake in construction can wipe out 20 years of hard work.

It sounds extreme, but it happens every day.

Rising interest rates, skyrocketing material costs, and a shortage of skilled workers are creating the perfect storm.

On top of that, most contractors are blindly signing risky contracts that shift all the pressure onto them.

If you're not negotiating smarter and protecting your margins, you're playing a dangerous game.

In this episode, find out what’s really killing construction companies and how the top 1% are protecting themselves while making more profit on every project. Listen up!

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?

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Timestamps:

(1:44) - What is the problem in construction and why do so many construction companies end up going out of business?

(3:16) - Most people lost a lot of money if they were locked into contracts

(4:20) - How do we make sure that one false step isn't going to put us out of business?

(5:41) - If you're not playing the contracts game, you're going to lose

(6:28) - Construction is a game about longevity

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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How a Single Misstep Can Bring Your Construction Company Down [#ThrowbackThursday] | Ep. 392

Construction Secrets