TCF354: How to Salvage a Bad Bid

You’re a contractor that has just entered The Fight only to realize that you still have to complete a project that you now know is underbid. What can you do now? Are you screwed? Tom’s here to tell you, so take a listen!

In this episode, we talk about…

  • Avoid going back to the client and asking for more money
  • Keep negativity out of your relationship with the client
  • As tempting as they are, don’t take the shortcuts
  • Map out the project plan down to the day-to-day activities
  • This is the time to communicate clearly with your team
  • Look for opportunities to upsell on the project
  • Learn as much as you can from this experience


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