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This episode is a re-run. It was originally published in June 2023.
Picture this: you're stopped at a red light. Someone rear-ends you. They get out and say, "100% my fault, I'll pay for everything."
Sounds like a win, right?
You've still got to get quotes. Chase the repair. Sort a rental. Lose the hours. And your car's now worth less because it's been crashed.
Even when you win, you lose.
That's construction disputes. And more often than not, you won't even win.
After thousands of these, here's my advice: negotiate. Give up a percentage. It'll save you money, time, and your attention.
Timestamps:
(6:33) - AI is here. It's like when the Internet arrives
(9:43) - AI now has been created and it's very cheap and it's very quick and it's very powerful
(13:26) - The returns are in the terms
(13:28) - If you're a contractor, the margin is in the post-award phase
(13:33) - Avoiding a dispute is far cheaper than getting into a dispute
