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

You are not just building the project, you are playing a contract game whether you realise it or not.

In this episode, you'll learn why so many subcontractors get bullied contractually, lose money, and sometimes go out of business even when the work itself is solid.

If you want to understand how the biggest players really think and how to protect your margin before the job even starts, this one will open your eyes.

Tune in.

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 GRAB the FREE Industry Standards Guide: quantumcs.co/ISYt

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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

(18:52) - The devil is in the detail that you need to look out for

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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Client/GC Side or Subcontractor Side? ft. Todd Weyandt Pt. 1 [#ThrowbackThursday] | Ep. 418

Construction Secrets

Client/GC Side or Subcontractor Side? ft. Todd Weyandt Pt. 1 [#ThrowbackThursday] | Ep. 418