On The Floor with Wayne and Rob

Slow Paying Customers

Episode Summary

Wayne and Rob discuss slow paying customers and how that effects business owners. Follow Bona US Professional online: Website: https://www1.bona.com/en-us/professional/ Subscribe on YouTube: https://www.youtube.com/BonaProfessional Facebook: https://www.facebook.com/bonauspro/ Instagram: https://www.instagram.com/bonapro.us/

Episode Transcription

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Hello, and welcome to another

 

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episode of On the Floor

 

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with Wayne and Rob.

 

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I'm Wayne Highlander with Bona Adhesives.

 

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Rob Johnson with THE Bona Training.

 

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Good afternoon. Wayne.

 

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Yes, sir.

 

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Good to see you there, Rob.

 

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Looking all, spiffy in your bone.

 

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The shirt there. Collared Yeah.

 

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This is, I just got off the plane,

 

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so, you know, I like to,

 

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I like to dress nice

 

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for the ladies on the plane.

 

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Well, I guess you should.

 

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Yeah.

 

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Yeah.

 

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I told you I rode first class.

 

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I was in first class, man.

 

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Okay.

 

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I was first class.

 

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Yeah, I got I got a little status.

 

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Yeah.

 

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Yeah. I like to dress nice on the plane.

 

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Yeah.

 

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You see, people sometimes

 

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they just like hobos.

 

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Can I say hobos any more?

 

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Yeah, I probably can't say that,

 

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but I

 

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like the people

 

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who show up in their pajamas, in sandals.

 

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Laying on the floor.

 

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Imagine laying on the floor

 

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at an airport.

 

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Yeah.

 

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Stay in the chair.

 

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Don't. Don't lay on the floor, mat.

 

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People

 

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walking in and out of the bathrooms and.

 

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Yeah, not a good place.

 

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Oh, no no, no.

 

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We're not going to keep that.

 

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We're we're not going to keep that going.

 

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Okay. That you get one.

 

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That's it.

 

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We're done. Okay. Yeah.

 

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Yeah.

 

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I've, I've had some people.

 

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Okay. I've had calls.

 

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Yeah.

 

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Yeah.

 

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All right.

 

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Good. Yep.

 

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Yeah. Oh,

 

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this is not going to be an ongoing gig.

 

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Okay.

 

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It it really isn't.

 

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But you're dying for it, though.

 

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I know it. Yeah.

 

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You remember you.

 

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You begged me to do that story.

 

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Yeah.

 

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say that.

 

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That just shows you how committed you.

 

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That shows you what kind of man you are.

 

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You're committed to

 

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Don't don't don't even go there.

 

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people, 95 of what

 

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I said, I just can't do.

 

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I can't show up to.

 

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I can't do it. But you you did, man.

 

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You trooper, do so.

 

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Yeah.

 

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Hey, listen,

 

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we're going to do a podcast today

 

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about slow paying customers

 

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and a little bit of a sad story here.

 

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The reason

 

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why that this came about,

 

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that I started thinking about this.

 

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I'll just tell you, a personal story

 

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that just happened to me, and,

 

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and then we'll move on from there.

 

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But,

 

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and it kind of relates to this.

 

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I bought a boat, bass

 

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boat from a dealership not long ago.

 

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Okay, so when I didn't buy it off of,

 

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didn't buy it off of, you know, off the,

 

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you know, an individual.

 

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I bought it off a legit dealership.

 

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We've been in business

 

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for many, many years,

 

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and then the guy owed me $2,500.

 

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Okay, he'll be $2,500.

 

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Long story, but,

 

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I bought a new 12 motor off the old boat.

 

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It was brand new, blah, blah, blah.

 

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He said, I'll give you.

 

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I'll just pay you for

 

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whatever, $2,500, okay?

 

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So he held me on that

 

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for about four months now.

 

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And part of that is my problem.

 

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I procrastinated.

 

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You know, I'm. I'm not in town.

 

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Whatever.

 

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Finally, I called the guy up

 

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and I said, hey, listen,

 

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let's get this resolved.

 

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I mean, you know, it's $2,500.

 

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And, you know,

 

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you know, when you're

 

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right, you're right. Owe it to you.

 

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Come by and pick it up.

 

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Thursday. Okay?

 

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Okay.

 

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On Tuesday, he killed himself.

 

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Okay.

 

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So he committed suicide. So

 

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awful.

 

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Okay.

 

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I can tell you're all broken up about it.

 

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I really, truly am.

 

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It's very, very sad.

 

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I guess it's

 

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the nervous

 

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giggling that's throwing me off.

 

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you're. You had a smile on your face.

 

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So, anyhow, it is very sad,

 

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but it made me think about

 

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when people owe you money,

 

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what could go wrong?

 

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And, you know, once,

 

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once the job is done

 

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and they have your services completed,

 

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their emergency is gone.

 

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Now you know what I mean?

 

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And maybe if they have other emergencies

 

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coming down the pike,

 

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you're not a priority anymore.

 

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The floor is down.

 

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I've got electrical

 

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that needs to be done,

 

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or I have other things in me

 

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that need to be done or what have you.

 

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And so,

 

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you know,

 

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so what I'm getting at is

 

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so many things can happen.

 

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Well, this guy,

 

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this guy been in business for years

 

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and this happened

 

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had I been paid, you know, right away

 

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or if I whatever, I would have been paid.

 

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Now, in the scheme of life and things,

 

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I'm never going to see my $2,500.

 

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But you know, you know what?

 

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It kind of puts things in perspective.

 

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What it is, what it is I'm not

 

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But they're going to have a funeral

 

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for this guy, right?

 

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He's got family and kids, right?

 

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Or wife and kids.

 

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I heard, he's like $3 million in debt.

 

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So what am I going to.

 

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Where am I going to

 

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in that pecking Well,

 

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that's why

 

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you gotta get to the funeral first.

 

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And, you know,

 

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go through the condolence line

 

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and then just give them.

 

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Here's a self-addressed,

 

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stamped envelope.

 

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Can you just put the check in and and

 

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I took care of the postage.

 

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Yeah.

 

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You know, baby, maybe not

 

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today, but, you know, tomorrow

 

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after the services,

 

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you know, hit him up at the wake.

 

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You know what I mean?

 

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People chat people up at the wake.

 

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You're okay?

 

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Yeah.

 

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Or. Wait a minute.

 

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You know

 

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they're going to be out of the house.

 

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They're going to be

 

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at the services.

 

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Yeah.

 

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Just run over

 

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and take $2,500 worth of stuff.

 

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Yeah.

 

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There you go.

 

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You see?

 

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Yeah.

 

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No, but I mean, that's what tells you.

 

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I mean, anything can happen

 

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in the meantime. So.

 

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So the the deal is slipping customers.

 

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What happens to your business?

 

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What's the impact on your business?

 

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What it is.

 

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You never know what could happen.

 

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I mean, you know,

 

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we've had people's houses burned down.

 

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We've had people go bankrupt.

 

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We've had people leave the country.

 

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There's all kinds of different things

 

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that could happen.

 

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Number one,

 

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number two,

 

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and I say this is probably the worst.

 

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And I think every floor

 

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person can relate to this.

 

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Is that the psychological damage?

 

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Of not getting paid on time?

 

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You know,

 

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we've all probably been there before,

 

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especially in the old days,

 

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and all things are done

 

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electronically now

 

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with all different ways

 

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you can pay, through cash, apps

 

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and all this stuff.

 

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But, you ever, ever have a big check.

 

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You're expecting Rob.

 

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Well, probably nothing for you, but

 

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let's say,

 

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you know, any kind of check

 

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from a customer,

 

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and, you come home

 

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and you check the mailbox.

 

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It's it's not there. It's Monday.

 

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They said there was already a week late.

 

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You come home Tuesday, you're

 

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driving home from work, eating,

 

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And even

 

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if you don't really need the money,

 

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you want to see that check in your hand,

 

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you come back,

 

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you check the mailbox again.

 

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It's not there.

 

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Well, maybe Wednesday

 

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maybe is going to be here.

 

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Surely he's going to be here

 

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by Wednesday.

 

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And you come home

 

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and it's not there again.

 

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And you, you like you

 

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you jump through all the hoops

 

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that was asked of you.

 

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You showed up on time, you did the job.

 

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They thanked you for their nice job,

 

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this, that and the other,

 

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you, you know, you

 

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you completed your your your obligation.

 

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Where is the check?

 

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So slow paying customers.

 

264

00:08:27,273 --> 00:08:28,708

I think one of the biggest damages

 

265

00:08:28,708 --> 00:08:29,308

they can do

 

266

00:08:29,308 --> 00:08:31,244

is just the psychological damage

 

267

00:08:31,244 --> 00:08:32,445

of waiting and waiting

 

268

00:08:32,445 --> 00:08:34,013

and and that's just one of the

 

269

00:08:34,013 --> 00:08:35,214

many things that can happen.

 

270

00:08:37,450 --> 00:08:38,384

You know, when you

 

271

00:08:38,384 --> 00:08:41,387

said you want to do this show, I thought.

 

272

00:08:41,621 --> 00:08:42,722

And I've only had one.

 

273

00:08:42,722 --> 00:08:45,725

I was only really burned one time.

 

274

00:08:46,592 --> 00:08:47,159

And then.

 

275

00:08:47,159 --> 00:08:49,462

And then as I started writing it out.

 

276

00:08:49,462 --> 00:08:51,097

No.

 

277

00:08:51,097 --> 00:08:54,100

I've been burned, like, six times.

 

278

00:08:55,601 --> 00:08:58,437

I just never remembered

 

279

00:08:58,437 --> 00:08:59,839

until I started writing it down.

 

280

00:08:59,839 --> 00:09:01,240

And then I was like, oh, my God,

 

281

00:09:01,240 --> 00:09:02,875

this and this and this.

 

282

00:09:02,875 --> 00:09:04,377

And that's

 

283

00:09:04,377 --> 00:09:07,213

when we really started changing

 

284

00:09:07,213 --> 00:09:10,182

the way we were charging people.

 

285

00:09:10,182 --> 00:09:13,185

I was just way too much of,

 

286

00:09:13,619 --> 00:09:15,788

Shake my hand and we are good.

 

287

00:09:15,788 --> 00:09:16,856

Type of thing.

 

288

00:09:16,856 --> 00:09:17,857

You know,

 

289

00:09:17,857 --> 00:09:19,358

I remember the first time

 

290

00:09:19,358 --> 00:09:22,161

reading through your contract, going,

 

291

00:09:22,161 --> 00:09:24,964

oh, what a pen.

 

292

00:09:24,964 --> 00:09:26,532

I wouldn't have lost anything

 

293

00:09:26,532 --> 00:09:29,035

if I had the the Highlander contract.

 

294

00:09:29,035 --> 00:09:30,169

I hate to keep you on

 

295

00:09:30,169 --> 00:09:31,404

the back for that one, but

 

296

00:09:33,039 --> 00:09:36,042

that is.

 

297

00:09:36,042 --> 00:09:38,978

And we'll talk about solutions in a bit.

 

298

00:09:38,978 --> 00:09:41,948

But you know what I think one of the okay

 

299

00:09:42,381 --> 00:09:45,318

you is there sloping okay.

 

300

00:09:45,318 --> 00:09:46,619

When you got to pay your guys

 

301

00:09:46,619 --> 00:09:47,353

you got to but whatever.

 

302

00:09:47,353 --> 00:09:48,955

But also your relationship

 

303

00:09:48,955 --> 00:09:50,656

with your distributor.

 

304

00:09:50,656 --> 00:09:53,359

So that relationship is very important.

 

305

00:09:53,359 --> 00:09:56,362

That's a, that's a business partnership.

 

306

00:09:57,063 --> 00:09:59,432

Yeah.

 

307

00:09:59,432 --> 00:10:02,168

I can tell you in my in my career

 

308

00:10:02,168 --> 00:10:03,336

now and you,

 

309

00:10:03,336 --> 00:10:04,971

we all work with distributors

 

310

00:10:04,971 --> 00:10:06,405

all the time.

 

311

00:10:06,405 --> 00:10:07,206

And we said, oh,

 

312

00:10:07,206 --> 00:10:08,674

I wish I'd like to be a distributor.

 

313

00:10:08,674 --> 00:10:09,241

Whatever it does,

 

314

00:10:09,241 --> 00:10:09,909

being a distributor

 

315

00:10:09,909 --> 00:10:12,578

is a very hard business to be in.

 

316

00:10:12,578 --> 00:10:13,613

Distributors

 

317

00:10:13,613 --> 00:10:14,714

play a super important role

 

318

00:10:14,714 --> 00:10:17,450

in our industry.

 

319

00:10:17,450 --> 00:10:19,952

There's so important, to manufacturers.

 

320

00:10:19,952 --> 00:10:20,853

And they're also important

 

321

00:10:20,853 --> 00:10:23,489

to, to to, contractors.

 

322

00:10:23,489 --> 00:10:26,158

They they're the last mile, right,

 

323

00:10:26,158 --> 00:10:27,593

of getting the product to your

 

324

00:10:27,593 --> 00:10:29,428

to you or your door.

 

325

00:10:29,428 --> 00:10:31,030

So they play a very,

 

326

00:10:31,030 --> 00:10:32,365

very, very important role

 

327

00:10:32,365 --> 00:10:33,666

in this industry.

 

328

00:10:33,666 --> 00:10:35,768

It's a tough, tough,

 

329

00:10:35,768 --> 00:10:38,037

tough job to be a distributor.

 

330

00:10:38,037 --> 00:10:39,138

I mean, they get hit

 

331

00:10:39,138 --> 00:10:40,740

from all kinds of different directions.

 

332

00:10:40,740 --> 00:10:41,207

So let's go

 

333

00:10:41,207 --> 00:10:44,210

look back at the pandemic when,

 

334

00:10:44,276 --> 00:10:46,178

manufacturers couldn't get products.

 

335

00:10:46,178 --> 00:10:47,413

That exhibitor.

 

336

00:10:47,413 --> 00:10:48,414

Well, the distributors

 

337

00:10:48,414 --> 00:10:49,448

are the front line.

 

338

00:10:49,448 --> 00:10:49,749

You know,

 

339

00:10:49,749 --> 00:10:51,050

they're the first ones out here

 

340

00:10:51,050 --> 00:10:52,351

that hear it from the customers.

 

341

00:10:52,351 --> 00:10:52,918

They're the forward.

 

342

00:10:52,918 --> 00:10:54,954

They're facing the customer every day.

 

343

00:10:54,954 --> 00:10:56,288

So you

 

344

00:10:56,288 --> 00:10:57,223

and your relationship with

 

345

00:10:57,223 --> 00:10:58,624

the distributor is very important.

 

346

00:10:58,624 --> 00:11:00,459

I mean, they need to get paid on time.

 

347

00:11:00,459 --> 00:11:01,560

You know what I mean?

 

348

00:11:01,560 --> 00:11:01,927

So.

 

349

00:11:01,927 --> 00:11:04,063

And it could affect your relationship

 

350

00:11:04,063 --> 00:11:05,331

with them.

 

351

00:11:05,331 --> 00:11:08,067

And I can tell you, man,

 

352

00:11:08,067 --> 00:11:09,802

I have gotten so many jobs

 

353

00:11:09,802 --> 00:11:11,470

through distributors,

 

354

00:11:11,470 --> 00:11:12,104

and,

 

355

00:11:12,104 --> 00:11:12,838

I've been helped out

 

356

00:11:12,838 --> 00:11:16,308

by so many distributors,

 

357

00:11:16,308 --> 00:11:17,777

that I've come to realize

 

358

00:11:17,777 --> 00:11:19,879

how important that relationship is.

 

359

00:11:19,879 --> 00:11:21,247

I wasn't ever taught that

 

360

00:11:21,247 --> 00:11:23,049

when I was young in this business.

 

361

00:11:23,049 --> 00:11:26,452

I just kind of get learned, as they say,

 

362

00:11:26,819 --> 00:11:28,320

you know, over time,

 

363

00:11:28,320 --> 00:11:30,289

you start putting pieces together

 

364

00:11:30,289 --> 00:11:32,525

and you go, wow, this guy can help me,

 

365

00:11:32,525 --> 00:11:33,859

or, well, he doesn't.

 

366

00:11:33,859 --> 00:11:36,128

I don't deserve his help or wow,

 

367

00:11:36,128 --> 00:11:37,029

why should he help me?

 

368

00:11:37,029 --> 00:11:38,130

You know what I mean?

 

369

00:11:38,130 --> 00:11:41,233

And they're they can be your advocate,

 

370

00:11:41,934 --> 00:11:43,335

and they can be.

 

371

00:11:43,335 --> 00:11:45,237

They can be very helpful for you,

 

372

00:11:45,237 --> 00:11:45,638

for you.

 

373

00:11:45,638 --> 00:11:46,906

So that's an important relationship.

 

374

00:11:46,906 --> 00:11:48,007

And that's the first thing I think of

 

375

00:11:48,007 --> 00:11:49,809

when I don't get paid on time.

 

376

00:11:49,809 --> 00:11:51,944

And if I don't, you know, I've got,

 

377

00:11:52,945 --> 00:11:53,479

you know, let's say

 

378

00:11:53,479 --> 00:11:55,147

I've got $60,000 out there

 

379

00:11:55,147 --> 00:11:56,082

or $80,000

 

380

00:11:56,082 --> 00:11:56,682

floating out there,

 

381

00:11:56,682 --> 00:11:57,917

jobs completed and done,

 

382

00:11:57,917 --> 00:11:59,919

that I don't have it in my hand

 

383

00:11:59,919 --> 00:12:01,854

that I should be paying my distributor

 

384

00:12:01,854 --> 00:12:03,089

and paying different bills

 

385

00:12:03,089 --> 00:12:03,489

and what have you.

 

386

00:12:03,489 --> 00:12:05,558

So that's the first thing I think of.

 

387

00:12:05,558 --> 00:12:07,159

I don't even think of myself so much

 

388

00:12:07,159 --> 00:12:08,427

when I'm not getting paid is

 

389

00:12:08,427 --> 00:12:11,430

what about everybody

 

390

00:12:12,998 --> 00:12:13,532

You know.

 

391

00:12:13,532 --> 00:12:16,035

Yeah.

 

392

00:12:16,035 --> 00:12:17,803

All our lives. Everybody's like.

 

393

00:12:17,803 --> 00:12:18,938

You know,

 

394

00:12:18,938 --> 00:12:21,474

we need to cut the middleman out.

 

395

00:12:21,474 --> 00:12:22,808

Right.

 

396

00:12:22,808 --> 00:12:24,276

I mean, you've heard that all your life.

 

397

00:12:24,276 --> 00:12:26,612

Cut the middleman out.

 

398

00:12:26,612 --> 00:12:28,414

And, you know, growing up,

 

399

00:12:28,414 --> 00:12:31,417

being young in business and everything.

 

400

00:12:32,251 --> 00:12:32,752

Yeah.

 

401

00:12:32,752 --> 00:12:33,919

I should

 

402

00:12:33,919 --> 00:12:34,887

if I could buy direct,

 

403

00:12:34,887 --> 00:12:37,089

I'd save so much more money.

 

404

00:12:37,089 --> 00:12:38,224

The middleman.

 

405

00:12:38,224 --> 00:12:39,725

You got to cut that middleman out.

 

406

00:12:39,725 --> 00:12:40,960

Well,

 

407

00:12:40,960 --> 00:12:43,929

you know, now, as I get older and seeing

 

408

00:12:43,929 --> 00:12:44,730

behind the curtain.

 

409

00:12:45,965 --> 00:12:48,934

Thank God for the middlemen.

 

410

00:12:48,934 --> 00:12:51,437

Thank God for the little guy.

 

411

00:12:51,437 --> 00:12:52,938

For the distributor, the middle.

 

412

00:12:52,938 --> 00:12:55,274

Not the little man, the middleman.

 

413

00:12:55,274 --> 00:12:56,742

Because

 

414

00:12:56,742 --> 00:12:59,111

I'll tell you a story

 

415

00:12:59,111 --> 00:13:02,114

on how the middleman,

 

416

00:13:02,348 --> 00:13:05,551

our distributor really saved us.

 

417

00:13:05,951 --> 00:13:08,954

I mean, saved us from ruin.

 

418

00:13:10,322 --> 00:13:12,458

We got a call from a huge builder.

 

419

00:13:12,458 --> 00:13:14,794

Now, Pete and I were probably

 

420

00:13:14,794 --> 00:13:18,130

two years out of my dad, right?

 

421

00:13:18,130 --> 00:13:20,366

And we started our own thing,

 

422

00:13:20,366 --> 00:13:21,100

and we were.

 

423

00:13:21,100 --> 00:13:22,268

We were big with water

 

424

00:13:22,268 --> 00:13:23,502

based because we were doing

 

425

00:13:23,502 --> 00:13:25,237

tons of water bass in the bowling alley.

 

426

00:13:25,237 --> 00:13:27,039

So,

 

427

00:13:27,039 --> 00:13:27,873

you know, the distributor

 

428

00:13:27,873 --> 00:13:29,575

wasn't even really

 

429

00:13:29,575 --> 00:13:31,143

messing around with water based.

 

430

00:13:31,143 --> 00:13:32,912

But, you know, I said, geez,

 

431

00:13:32,912 --> 00:13:34,647

I kind of like this, you know, product.

 

432

00:13:34,647 --> 00:13:36,448

And he started to bring it in

 

433

00:13:36,448 --> 00:13:38,083

and, you know, I'm not saying that

 

434

00:13:40,085 --> 00:13:41,654

that it wasn't for Pete and I.

 

435

00:13:41,654 --> 00:13:42,721

There'd be no water base

 

436

00:13:42,721 --> 00:13:43,689

in the Albany area.

 

437

00:13:43,689 --> 00:13:45,791

But we were, you know,

 

438

00:13:45,791 --> 00:13:47,193

we were used to working with it,

 

439

00:13:47,193 --> 00:13:50,129

so we liked it. And what have you.

 

440

00:13:50,129 --> 00:13:51,664

So for the first two years,

 

441

00:13:51,664 --> 00:13:53,432

all of a sudden

 

442

00:13:53,432 --> 00:13:55,701

people were taking notes

 

443

00:13:55,701 --> 00:13:57,036

because we're in the phone book.

 

444

00:13:57,036 --> 00:13:59,104

And I know that sounds crazy to say, but,

 

445

00:13:59,104 --> 00:14:00,072

you know, we're in the phone

 

446

00:14:00,072 --> 00:14:01,140

book and people's like,

 

447

00:14:01,140 --> 00:14:03,008

who's this fourth generation?

 

448

00:14:03,008 --> 00:14:05,711

And, you know, nobody's ever heard of us.

 

449

00:14:05,711 --> 00:14:07,479

Right.

 

450

00:14:07,479 --> 00:14:08,714

So we started talking

 

451

00:14:08,714 --> 00:14:09,648

with the distributor.

 

452

00:14:09,648 --> 00:14:12,017

And so we're getting to know

 

453

00:14:12,017 --> 00:14:13,586

people are starting to know us.

 

454

00:14:13,586 --> 00:14:15,421

Oh, the bowling alley guys, and,

 

455

00:14:15,421 --> 00:14:16,455

you know, they're doing this, blah,

 

456

00:14:16,455 --> 00:14:17,623

blah, blah.

 

457

00:14:17,623 --> 00:14:17,823

Well,

 

458

00:14:17,823 --> 00:14:20,593

we get a call from this huge builder.

 

459

00:14:20,593 --> 00:14:21,427

Huge.

 

460

00:14:21,427 --> 00:14:23,329

But the biggest builder in Albany.

 

461

00:14:23,329 --> 00:14:27,366

And he's building like road mansions,

 

462

00:14:28,734 --> 00:14:29,101

right.

 

463

00:14:29,101 --> 00:14:30,870

And one day I get a

 

464

00:14:30,870 --> 00:14:32,671

call from this guy and he's like, hey,

 

465

00:14:32,671 --> 00:14:35,674

we we'd really like to talk to you.

 

466

00:14:41,146 --> 00:14:42,982

Know nobody knew about you.

 

467

00:14:42,982 --> 00:14:44,450

You're California Wayne.

 

468

00:14:44,450 --> 00:14:45,417

This is

 

469

00:14:45,417 --> 00:14:48,420

this is the other side of the world, man.

 

470

00:14:48,420 --> 00:14:50,022

So we get a call from this guy,

 

471

00:14:50,022 --> 00:14:51,891

and he goes, I want to meet you.

 

472

00:14:51,891 --> 00:14:53,692

We've heard about you, blah,

 

473

00:14:53,692 --> 00:14:56,161

blah, blah, and we're not.

 

474

00:14:56,161 --> 00:14:58,664

We are not for the year, guys.

 

475

00:14:58,664 --> 00:15:01,267

You know what I mean? We're.

 

476

00:15:01,267 --> 00:15:03,836

I've said this a million times,

 

477

00:15:03,836 --> 00:15:05,137

you know, sport floors,

 

478

00:15:05,137 --> 00:15:07,172

commercial floors, bowling.

 

479

00:15:07,172 --> 00:15:09,275

We're production guys.

 

480

00:15:09,275 --> 00:15:12,111

And this guy's building row mansions.

 

481

00:15:12,111 --> 00:15:12,778

Seriously.

 

482

00:15:12,778 --> 00:15:15,014

Huge, huge projects.

 

483

00:15:15,014 --> 00:15:17,917

One after another.

 

484

00:15:17,917 --> 00:15:19,551

And he's like, hey, I heard of you guys.

 

485

00:15:19,551 --> 00:15:20,352

And, you know, like the.

 

486

00:15:20,352 --> 00:15:22,388

But I've seen some of your work

 

487

00:15:22,388 --> 00:15:22,721

and I'm like,

 

488

00:15:22,721 --> 00:15:26,759

oh, my, I'm in my 20s, right.

 

489

00:15:26,759 --> 00:15:26,892

And

 

490

00:15:28,360 --> 00:15:31,363

pretty naive at the time.

 

491

00:15:31,430 --> 00:15:33,132

And we're going through the house

 

492

00:15:33,132 --> 00:15:34,199

and this and that.

 

493

00:15:34,199 --> 00:15:37,202

And he's like, we'd really like you to

 

494

00:15:37,770 --> 00:15:39,071

take over our work. Now.

 

495

00:15:39,071 --> 00:15:40,072

I'm thinking,

 

496

00:15:40,072 --> 00:15:43,075

oh, this is a big step, right?

 

497

00:15:43,609 --> 00:15:46,478

Finally, they see the frickin talent,

 

498

00:15:46,478 --> 00:15:47,146

and I'm thinking

 

499

00:15:47,146 --> 00:15:49,348

we're going to have to hire.

 

500

00:15:49,348 --> 00:15:50,416

We're going to have to hire six

 

501

00:15:50,416 --> 00:15:52,117

guys easily

 

502

00:15:52,117 --> 00:15:55,120

six guys to keep up with this.

 

503

00:15:55,287 --> 00:15:57,323

So I.

 

504

00:15:57,323 --> 00:15:58,123

All right.

 

505

00:15:58,123 --> 00:15:59,892

I'm definitely interested.

 

506

00:15:59,892 --> 00:16:00,859

Talk to Pete.

 

507

00:16:00,859 --> 00:16:01,493

And I said

 

508

00:16:01,493 --> 00:16:02,795

I think we're going to have to do this.

 

509

00:16:02,795 --> 00:16:03,595

And he's like yeah.

 

510

00:16:03,595 --> 00:16:04,396

You think it's right?

 

511

00:16:04,396 --> 00:16:06,966

I go, yeah, I feel this is this is right.

 

512

00:16:06,966 --> 00:16:08,867

Okay.

 

513

00:16:08,867 --> 00:16:11,437

Having meeting with him two days later.

 

514

00:16:11,437 --> 00:16:14,139

Now this meeting is bizarre.

 

515

00:16:14,139 --> 00:16:16,375

I want to get paid. Okay.

 

516

00:16:16,375 --> 00:16:17,810

We deliver the wood.

 

517

00:16:17,810 --> 00:16:20,112

I get paid, we get done installing.

 

518

00:16:20,112 --> 00:16:21,747

I get another chunk.

 

519

00:16:21,747 --> 00:16:22,982

We get down sanding.

 

520

00:16:24,249 --> 00:16:26,785

That's when we get the final check.

 

521

00:16:26,785 --> 00:16:28,153

Okay.

 

522

00:16:28,153 --> 00:16:29,088

And the guy looks at me,

 

523

00:16:29,088 --> 00:16:29,722

and he's kind of

 

524

00:16:29,722 --> 00:16:32,124

just kind of nodding his head. No.

 

525

00:16:32,124 --> 00:16:33,625

All right.

 

526

00:16:33,625 --> 00:16:36,628

And he's like, here's how we do it

 

527

00:16:36,695 --> 00:16:40,032

with the I won't say whatever group

 

528

00:16:40,666 --> 00:16:43,435

they were the the group

 

529

00:16:43,435 --> 00:16:45,604

he goes will

 

530

00:16:45,604 --> 00:16:46,405

we'll get in touch

 

531

00:16:46,405 --> 00:16:47,740

with a couple of distributors

 

532

00:16:47,740 --> 00:16:50,175

will set you up with the line of credit.

 

533

00:16:50,175 --> 00:16:52,811

And he goes then you'll get,

 

534

00:16:52,811 --> 00:16:54,380

you'll start to get paid

 

535

00:16:54,380 --> 00:16:56,715

after the second or third house.

 

536

00:16:56,715 --> 00:16:59,718

And that's how that's how we do it.

 

537

00:17:00,152 --> 00:17:03,155

And I'm like.

 

538

00:17:03,288 --> 00:17:05,190

I'm almost like.

 

539

00:17:05,190 --> 00:17:06,592

See you later.

 

540

00:17:06,592 --> 00:17:07,126

Right.

 

541

00:17:07,126 --> 00:17:09,128

I can't do that.

 

542

00:17:09,128 --> 00:17:11,830

That because I'm thinking, no, no, no,

 

543

00:17:11,830 --> 00:17:13,465

I need a check next week.

 

544

00:17:13,465 --> 00:17:14,967

Personally,

 

545

00:17:14,967 --> 00:17:16,735

I need to get a paycheck next week.

 

546

00:17:16,735 --> 00:17:19,405

We're we're new. You know what I mean?

 

547

00:17:21,040 --> 00:17:25,744

So, is it just all of a sudden now?

 

548

00:17:25,744 --> 00:17:26,945

Nothing felt right.

 

549

00:17:26,945 --> 00:17:29,481

It was just a 100%.

 

550

00:17:29,481 --> 00:17:30,015

And he's like, yeah,

 

551

00:17:30,015 --> 00:17:31,417

we'll set you up with a line of credit.

 

552

00:17:31,417 --> 00:17:33,185

You can use it for your other jobs

 

553

00:17:33,185 --> 00:17:34,019

and not and on.

 

554

00:17:34,019 --> 00:17:36,188

I'm like,

 

555

00:17:36,188 --> 00:17:38,891

Doesn't feel right.

 

556

00:17:38,891 --> 00:17:40,659

I knew the guy at the distributor

 

557

00:17:40,659 --> 00:17:43,228

that we were going through.

 

558

00:17:43,228 --> 00:17:44,296

So I went over

 

559

00:17:44,296 --> 00:17:45,631

and I talked to him and I go,

 

560

00:17:45,631 --> 00:17:46,331

why do you think

 

561

00:17:46,331 --> 00:17:47,900

all of a sudden, you know, I tell him,

 

562

00:17:47,900 --> 00:17:50,402

I'm telling him the whole story, right?

 

563

00:17:50,402 --> 00:17:52,171

He's shaking his head the whole time

 

564

00:17:52,171 --> 00:17:53,238

telling the story.

 

565

00:17:53,238 --> 00:17:54,239

He's shaking his head.

 

566

00:17:54,239 --> 00:17:56,241

No.

 

567

00:17:56,241 --> 00:17:58,477

I said, who is doing the work before?

 

568

00:17:58,477 --> 00:17:59,344

Were they that bad?

 

569

00:17:59,344 --> 00:18:00,012

He goes, no,

 

570

00:18:00,012 --> 00:18:02,181

they were great, but they owe me.

 

571

00:18:02,181 --> 00:18:02,981

Blankety blank.

 

572

00:18:04,516 --> 00:18:05,517

We were like

 

573

00:18:05,517 --> 00:18:08,520

the fourth company

 

574

00:18:08,620 --> 00:18:11,256

and that distributor.

 

575

00:18:11,256 --> 00:18:13,826

He didn't have to tell me that.

 

576

00:18:13,826 --> 00:18:14,893

You know what I mean?

 

577

00:18:14,893 --> 00:18:16,428

He did not.

 

578

00:18:16,428 --> 00:18:18,130

He he could have. Right.

 

579

00:18:18,130 --> 00:18:19,064

Because the other guys

 

580

00:18:19,064 --> 00:18:21,700

were into him for money.

 

581

00:18:21,700 --> 00:18:24,103

But he had a, you know, he had a soul.

 

582

00:18:24,103 --> 00:18:27,773

I guess this this builder didn't.

 

583

00:18:27,973 --> 00:18:29,875

Right? They didn't.

 

584

00:18:29,875 --> 00:18:32,578

But that distributor

 

585

00:18:32,578 --> 00:18:34,913

went out of his way to say,

 

586

00:18:34,913 --> 00:18:37,449

just keep doing what you and Peter doing.

 

587

00:18:37,449 --> 00:18:39,251

Don't don't.

 

588

00:18:39,251 --> 00:18:41,920

He goes, you're doing fine.

 

589

00:18:41,920 --> 00:18:44,022

You're not into us for anything.

 

590

00:18:44,022 --> 00:18:45,991

He said, these guys are into us.

 

591

00:18:45,991 --> 00:18:47,092

He goes,

 

592

00:18:47,092 --> 00:18:50,062

I don't know what they're going to do,

 

593

00:18:50,062 --> 00:18:51,463

but that distributor.

 

594

00:18:51,463 --> 00:18:52,631

So when I say a distributor

 

595

00:18:52,631 --> 00:18:54,867

can save your life.

 

596

00:18:54,867 --> 00:18:57,870

That distributor can save your life.

 

597

00:18:58,437 --> 00:18:59,905

Now, you want to hear.

 

598

00:18:59,905 --> 00:19:01,173

I got to tell you just a little

 

599

00:19:01,173 --> 00:19:02,307

bit more of this story.

 

600

00:19:03,308 --> 00:19:04,977

Anybody in the Albany area

 

601

00:19:04,977 --> 00:19:06,278

who's been around for a while

 

602

00:19:06,278 --> 00:19:09,281

will probably remember this,

 

603

00:19:09,281 --> 00:19:11,583

but it never made the news.

 

604

00:19:11,583 --> 00:19:14,920

So this group was just massive

 

605

00:19:14,920 --> 00:19:16,522

builders in the area.

 

606

00:19:16,522 --> 00:19:18,590

By far the largest,

 

607

00:19:18,590 --> 00:19:21,727

but they had tons and tons of TV

 

608

00:19:21,727 --> 00:19:24,730

commercials of up there,

 

609

00:19:25,831 --> 00:19:28,000

their houses, in their projects,

 

610

00:19:28,000 --> 00:19:31,003

in their neighborhoods.

 

611

00:19:31,436 --> 00:19:34,439

It got so bad that

 

612

00:19:35,140 --> 00:19:36,508

plumbers, electricians,

 

613

00:19:36,508 --> 00:19:39,511

roofers, concrete floors,

 

614

00:19:39,645 --> 00:19:42,014

concrete got everybody.

 

615

00:19:42,014 --> 00:19:44,950

They were one weekend.

 

616

00:19:44,950 --> 00:19:47,953

We're having parades

 

617

00:19:48,220 --> 00:19:51,023

at some of these neighborhoods

 

618

00:19:51,023 --> 00:19:53,559

of like, pay us our money.

 

619

00:19:53,559 --> 00:19:56,228

We didn't.

 

620

00:19:56,228 --> 00:19:58,497

They had freakin parades.

 

621

00:19:58,497 --> 00:20:01,133

And I'm not talking about parades with

 

622

00:20:01,133 --> 00:20:02,267

9 or 10.

 

623

00:20:02,267 --> 00:20:03,936

It was like 50

 

624

00:20:03,936 --> 00:20:05,571

and 60 people

 

625

00:20:05,571 --> 00:20:07,940

in these parades with signs.

 

626

00:20:07,940 --> 00:20:09,308

We're not getting our money.

 

627

00:20:09,308 --> 00:20:10,475

They owe us money.

 

628

00:20:10,475 --> 00:20:12,044

Pay now?

 

629

00:20:12,044 --> 00:20:12,578

No.

 

630

00:20:12,578 --> 00:20:14,780

Here's the sad part.

 

631

00:20:14,780 --> 00:20:17,049

It wasn't covered by anybody.

 

632

00:20:18,250 --> 00:20:20,719

The news, newspapers.

 

633

00:20:20,719 --> 00:20:22,387

Nobody covered it.

 

634

00:20:22,387 --> 00:20:24,957

Why?

 

635

00:20:24,957 --> 00:20:26,658

Because they were advertising

 

636

00:20:26,658 --> 00:20:27,759

in the newspapers.

 

637

00:20:27,759 --> 00:20:28,927

Full page ads

 

638

00:20:28,927 --> 00:20:31,930

in the newspapers, TV commercials.

 

639

00:20:32,764 --> 00:20:35,434

And nobody covered the parade.

 

640

00:20:35,434 --> 00:20:36,768

A couple of small papers

 

641

00:20:36,768 --> 00:20:40,239

had little blurbs, but everybody knew.

 

642

00:20:40,239 --> 00:20:44,409

But it wasn't being covered in the media

 

643

00:20:44,476 --> 00:20:46,078

because the media was making

 

644

00:20:46,078 --> 00:20:49,081

so much money off of these guys.

 

645

00:20:50,215 --> 00:20:52,618

But that distributor, I got it.

 

646

00:20:52,618 --> 00:20:53,118

It's funny

 

647

00:20:53,118 --> 00:20:56,121

you said how good a distributor can be.

 

648

00:20:57,990 --> 00:20:58,590

you know, it's funny.

 

649

00:20:58,590 --> 00:20:59,458

Sometimes people

 

650

00:20:59,458 --> 00:21:00,559

you talk about, people say,

 

651

00:21:00,559 --> 00:21:01,560

oh, I want to go to school.

 

652

00:21:01,560 --> 00:21:04,062

I want to be. I want to be a distributor.

 

653

00:21:04,062 --> 00:21:06,231

They don't know how you go

 

654

00:21:06,231 --> 00:21:08,267

look at the inventory of a distributor,

 

655

00:21:08,267 --> 00:21:09,134

how many products

 

656

00:21:09,134 --> 00:21:12,137

they have to carry, and,

 

657

00:21:14,439 --> 00:21:15,474

even logistically,

 

658

00:21:15,474 --> 00:21:17,276

how much help they are.

 

659

00:21:17,276 --> 00:21:19,278

And I mean, you know, obviously,

 

660

00:21:19,278 --> 00:21:21,880

if you had to say, okay, I want to buy,

 

661

00:21:21,880 --> 00:21:22,114

you know,

 

662

00:21:22,114 --> 00:21:23,382

I want to get this kind of pricing.

 

663

00:21:23,382 --> 00:21:25,284

Well, you and you,

 

664

00:21:25,284 --> 00:21:26,918

first of all, between freight

 

665

00:21:26,918 --> 00:21:28,020

and what you would have to pay

 

666

00:21:28,020 --> 00:21:29,354

for it to get it that way.

 

667

00:21:30,389 --> 00:21:31,990

I mean, like I said, the

 

668

00:21:31,990 --> 00:21:33,492

knowledge of just distributors

 

669

00:21:33,492 --> 00:21:34,926

and, and training

 

670

00:21:34,926 --> 00:21:35,827

have gone to distributors.

 

671

00:21:35,827 --> 00:21:37,429

They, they do a great job training

 

672

00:21:37,429 --> 00:21:38,597

and that kind of stuff.

 

673

00:21:38,597 --> 00:21:40,365

They are just such a vital role.

 

674

00:21:40,365 --> 00:21:43,368

Deliveries, payments,

 

675

00:21:43,435 --> 00:21:45,337

it's

 

676

00:21:45,337 --> 00:21:46,872

the industry would be sunk without them.

 

677

00:21:46,872 --> 00:21:48,740

So How many?

 

678

00:21:48,740 --> 00:21:49,741

How many times

 

679

00:21:49,741 --> 00:21:51,243

did you call a distributor

 

680

00:21:51,243 --> 00:21:52,811

in your life on a Friday

 

681

00:21:52,811 --> 00:21:55,514

when you know he's going to be closed?

 

682

00:21:55,514 --> 00:21:57,149

Hey, can you throw a couple buckets

 

683

00:21:57,149 --> 00:22:00,152

behind the dumpster and,

 

684

00:22:00,152 --> 00:22:02,587

and it's always like no problem.

 

685

00:22:02,587 --> 00:22:04,222

Hey, I need it.

 

686

00:22:04,222 --> 00:22:07,559

I need a, maple baby threshold,

 

687

00:22:07,559 --> 00:22:09,928

and I can't pick it up. Can you?

 

688

00:22:09,928 --> 00:22:10,996

Can you put it in?

 

689

00:22:10,996 --> 00:22:11,496

You know,

 

690

00:22:11,496 --> 00:22:12,998

could you put it on the back, doc,

 

691

00:22:12,998 --> 00:22:13,832

and I'll pick it up and

 

692

00:22:13,832 --> 00:22:15,067

stop by on Monday.

 

693

00:22:16,902 --> 00:22:17,402

I mean,

 

694

00:22:17,402 --> 00:22:20,405

just amazing what distributors,

 

695

00:22:21,340 --> 00:22:23,375

what they do for us.

 

696

00:22:23,375 --> 00:22:24,176

know firsthand

 

697

00:22:24,176 --> 00:22:25,444

working at a distributor

 

698

00:22:25,444 --> 00:22:26,144

behind the counter.

 

699

00:22:26,144 --> 00:22:27,412

And you did two at the pro shop.

 

700

00:22:27,412 --> 00:22:28,747

How hard that job is.

 

701

00:22:28,747 --> 00:22:29,047

That's why

 

702

00:22:29,047 --> 00:22:29,715

I always say they're

 

703

00:22:29,715 --> 00:22:31,083

they add the unsung heroes

 

704

00:22:31,083 --> 00:22:32,384

in our business.

 

705

00:22:32,384 --> 00:22:34,419

If you have a, distributor guy

 

706

00:22:34,419 --> 00:22:35,887

that you work with,

 

707

00:22:35,887 --> 00:22:37,622

then come once in a while,

 

708

00:22:37,622 --> 00:22:38,924

show your appreciation to them.

 

709

00:22:38,924 --> 00:22:40,425

They got a hard job.

 

710

00:22:40,425 --> 00:22:40,892

And, you know,

 

711

00:22:40,892 --> 00:22:42,160

we don't think about them

 

712

00:22:42,160 --> 00:22:43,428

because we're getting our wood

 

713

00:22:43,428 --> 00:22:43,962

and our material.

 

714

00:22:43,962 --> 00:22:44,563

We got,

 

715

00:22:44,563 --> 00:22:44,863

you know,

 

716

00:22:44,863 --> 00:22:46,598

we got a job to get to and whatever.

 

717

00:22:46,598 --> 00:22:47,532

But you think about that guy

 

718

00:22:47,532 --> 00:22:48,600

behind that counter, man.

 

719

00:22:48,600 --> 00:22:50,669

They're so important to us.

 

720

00:22:50,669 --> 00:22:51,069

So anyhow,

 

721

00:22:51,069 --> 00:22:52,371

we got off track on that, but,

 

722

00:22:52,371 --> 00:22:53,638

but that's that's

 

723

00:22:53,638 --> 00:22:55,140

the first thing I think of

 

724

00:22:55,140 --> 00:22:56,608

is that I gotta pay

 

725

00:22:56,608 --> 00:22:57,609

my distributor on time.

 

726

00:22:57,609 --> 00:23:00,245

I that relationship's got to stay strong.

 

727

00:23:00,245 --> 00:23:03,148

But, you know, it also,

 

728

00:23:03,148 --> 00:23:05,751

you know, it causes you cashflow

 

729

00:23:05,751 --> 00:23:07,352

issues in general.

 

730

00:23:07,352 --> 00:23:08,220

I mean, a lot of guys,

 

731

00:23:08,220 --> 00:23:09,788

their wife works also.

 

732

00:23:09,788 --> 00:23:10,489

And thank God

 

733

00:23:10,489 --> 00:23:12,357

my wife did, because there's been times

 

734

00:23:12,357 --> 00:23:14,659

when I've had so much money out.

 

735

00:23:14,659 --> 00:23:16,962

You talked about my contract that I,

 

736

00:23:16,962 --> 00:23:17,596

I stopped.

 

737

00:23:17,596 --> 00:23:19,498

I, we got to do something different

 

738

00:23:19,498 --> 00:23:20,198

because I tell them

 

739

00:23:20,198 --> 00:23:21,967

it's do upon completion of the job,

 

740

00:23:21,967 --> 00:23:23,168

you know, this portion of it

 

741

00:23:23,168 --> 00:23:25,270

and for some reason, the homeowner

 

742

00:23:25,270 --> 00:23:26,471

it's the only day they're not home.

 

743

00:23:28,940 --> 00:23:29,408

the checks

 

744

00:23:29,408 --> 00:23:30,876

upstairs, and the floor is wet.

 

745

00:23:30,876 --> 00:23:31,309

Oh, gosh,

 

746

00:23:31,309 --> 00:23:32,744

I guess I can't get to my checkbook.

 

747

00:23:32,744 --> 00:23:34,780

It's upstairs. Will melt to you.

 

748

00:23:34,780 --> 00:23:37,015

You know, all those different things

 

749

00:23:37,015 --> 00:23:39,317

I think guys are a little more savvy now.

 

750

00:23:39,317 --> 00:23:41,086

And here's the way

 

751

00:23:41,086 --> 00:23:42,220

I think about it, too.

 

752

00:23:42,220 --> 00:23:43,922

And, you know, a young guy,

 

753

00:23:43,922 --> 00:23:45,190

you should feel guilty.

 

754

00:23:45,190 --> 00:23:46,825

Like apologizing

 

755

00:23:46,825 --> 00:23:48,160

for asking for the money.

 

756

00:23:48,160 --> 00:23:50,462

Yes. What?

 

757

00:23:50,462 --> 00:23:53,498

How insane is that for you new guys?

 

758

00:23:54,099 --> 00:23:56,668

Yeah. You young guys.

 

759

00:23:56,668 --> 00:23:58,937

doctor and and have something done.

 

760

00:23:58,937 --> 00:23:59,504

You go, well,

 

761

00:23:59,504 --> 00:24:02,707

you know, your your your portion is $75.

 

762

00:24:02,707 --> 00:24:04,209

Before we do anything.

 

763

00:24:04,209 --> 00:24:07,078

So like, they want that money now.

 

764

00:24:07,078 --> 00:24:07,779

Any other

 

765

00:24:07,779 --> 00:24:10,749

any other business in the, in America

 

766

00:24:10,882 --> 00:24:12,250

when it comes time to get that money.

 

767

00:24:12,250 --> 00:24:13,251

They want that money now.

 

768

00:24:13,251 --> 00:24:14,186

You ain't moving forward

 

769

00:24:14,186 --> 00:24:15,454

until they get that money.

 

770

00:24:15,454 --> 00:24:17,055

And these people got a lot more than me

 

771

00:24:17,055 --> 00:24:19,758

and you do you know what I mean? And they

 

772

00:24:21,159 --> 00:24:24,162

What is wrong with us?

 

773

00:24:24,262 --> 00:24:26,698

Because I remember.

 

774

00:24:26,698 --> 00:24:28,433

Yeah, I would feel bad.

 

775

00:24:28,433 --> 00:24:30,936

Like,

 

776

00:24:30,936 --> 00:24:31,736

Yeah. Jesus.

 

777

00:24:31,736 --> 00:24:33,205

I'm sorry, but can you can.

 

778

00:24:33,205 --> 00:24:36,208

Yeah.

 

779

00:24:37,676 --> 00:24:38,944

like an idiot.

 

780

00:24:38,944 --> 00:24:40,779

that.

 

781

00:24:40,779 --> 00:24:41,079

Yeah.

 

782

00:24:41,079 --> 00:24:43,882

We we need freaking help on that one.

 

783

00:24:43,882 --> 00:24:45,484

That we should have seen.

 

784

00:24:45,484 --> 00:24:48,220

We needed therapy.

 

785

00:24:48,220 --> 00:24:51,189

Why would you feel bad about that?

 

786

00:24:51,723 --> 00:24:54,359

Because, we,

 

787

00:24:54,359 --> 00:24:55,393

I don't think I've ever heard

 

788

00:24:55,393 --> 00:24:56,428

anybody say that.

 

789

00:24:56,428 --> 00:24:59,364

And that's exactly how I used to feel.

 

790

00:24:59,364 --> 00:25:02,234

lot of guys are this way, and I think

 

791

00:25:02,234 --> 00:25:04,836

a lot of guys in this industry are just

 

792

00:25:04,836 --> 00:25:07,839

good, honest, hardworking people.

 

793

00:25:07,839 --> 00:25:09,341

They just, you know,

 

794

00:25:09,341 --> 00:25:10,442

I was looking the other day,

 

795

00:25:10,442 --> 00:25:11,710

I was watching some,

 

796

00:25:11,710 --> 00:25:12,777

some guy talking about.

 

797

00:25:12,777 --> 00:25:13,879

He just got a complete.

 

798

00:25:13,879 --> 00:25:16,882

Just completed a job for for a lady.

 

799

00:25:16,982 --> 00:25:18,950

Now the job's done, right?

 

800

00:25:18,950 --> 00:25:19,885

So they had already talked

 

801

00:25:19,885 --> 00:25:20,552

about the price.

 

802

00:25:20,552 --> 00:25:21,887

Everything. Well, ahead of time.

 

803

00:25:21,887 --> 00:25:22,654

Job's done.

 

804

00:25:23,588 --> 00:25:24,623

And he goes, is,

 

805

00:25:24,623 --> 00:25:26,625

I'll come and pick up my check.

 

806

00:25:26,625 --> 00:25:27,359

And she goes,

 

807

00:25:27,359 --> 00:25:27,626

you know,

 

808

00:25:27,626 --> 00:25:28,193

can you send me

 

809

00:25:28,193 --> 00:25:31,196

an itemized, breakdown of your bill?

 

810

00:25:32,130 --> 00:25:35,133

Oh,

 

811

00:25:36,034 --> 00:25:36,868

Yeah.

 

812

00:25:36,868 --> 00:25:38,637

Yeah.

 

813

00:25:38,637 --> 00:25:40,305

What do you need that for?

 

814

00:25:40,305 --> 00:25:42,340

Yeah.

 

815

00:25:42,340 --> 00:25:43,508

Yeah. You've already.

 

816

00:25:43,508 --> 00:25:45,911

You've already paid for my candy.

 

817

00:25:45,911 --> 00:25:47,812

I'm not. Yeah.

 

818

00:25:47,812 --> 00:25:48,280

you know,

 

819

00:25:48,280 --> 00:25:49,915

hear people say that we did a repair

 

820

00:25:49,915 --> 00:25:51,850

for someone, came in and had a kid

 

821

00:25:51,850 --> 00:25:53,552

put it in two boards.

 

822

00:25:53,552 --> 00:25:54,219

Just blend it

 

823

00:25:54,219 --> 00:25:55,387

in, stain it and everything.

 

824

00:25:55,387 --> 00:25:57,355

Match it. It was $450.

 

825

00:25:57,355 --> 00:25:59,124

It took us a hour and a half

 

826

00:25:59,124 --> 00:26:00,458

and they're like, wow,

 

827

00:26:00,458 --> 00:26:03,361

an hour and a half, really, for that?

 

828

00:26:03,361 --> 00:26:06,698

I mean, yeah, for Yeah.

 

829

00:26:08,300 --> 00:26:08,600

want to,

 

830

00:26:08,600 --> 00:26:10,802

when they want to itemized breakdown.

 

831

00:26:10,802 --> 00:26:11,136

Okay.

 

832

00:26:11,136 --> 00:26:12,771

Do you want my worker's comp insurance.

 

833

00:26:12,771 --> 00:26:13,705

You want my insurance.

 

834

00:26:13,705 --> 00:26:14,439

The car insurance.

 

835

00:26:14,439 --> 00:26:15,173

You want the the

 

836

00:26:15,173 --> 00:26:16,441

the wear and tear on the vehicles

 

837

00:26:16,441 --> 00:26:17,709

that we have to deduct every year.

 

838

00:26:17,709 --> 00:26:19,010

All these other things.

 

839

00:26:19,010 --> 00:26:22,013

I mean, what does that mean to you?

 

840

00:26:22,180 --> 00:26:22,981

You don't know what my,

 

841

00:26:22,981 --> 00:26:24,149

my overhead costs are

 

842

00:26:24,149 --> 00:26:25,617

and all these other things.

 

843

00:26:25,617 --> 00:26:26,985

So,

 

844

00:26:26,985 --> 00:26:28,420

yeah, I just,

 

845

00:26:28,420 --> 00:26:29,921

and I think as you've getting older,

 

846

00:26:29,921 --> 00:26:30,589

as we have,

 

847

00:26:30,589 --> 00:26:31,823

you have less tolerance for it

 

848

00:26:31,823 --> 00:26:33,592

because you know,

 

849

00:26:33,592 --> 00:26:34,326

what kind of what

 

850

00:26:34,326 --> 00:26:35,327

the guys are going through.

 

851

00:26:35,327 --> 00:26:36,761

And you kind of live that.

 

852

00:26:36,761 --> 00:26:38,196

And as you get older,

 

853

00:26:38,196 --> 00:26:40,398

you kind of realize, hey, this was

 

854

00:26:40,398 --> 00:26:41,600

totally unreasonable

 

855

00:26:42,801 --> 00:26:44,269

all the way around.

 

856

00:26:44,269 --> 00:26:46,004

Yeah. Yeah.

 

857

00:26:46,004 --> 00:26:47,305

hard to do this job

 

858

00:26:47,305 --> 00:26:49,074

and it takes a lot of toll on you

 

859

00:26:49,074 --> 00:26:50,141

and what have you.

 

860

00:26:50,141 --> 00:26:52,711

So, hey, you need to get paid.

 

861

00:26:52,711 --> 00:26:54,846

Here's the other thing, too.

 

862

00:26:54,846 --> 00:26:56,815

You got to pay for the wear

 

863

00:26:56,815 --> 00:26:57,983

and tear on your body

 

864

00:26:57,983 --> 00:26:59,017

that you're going to feel

 

865

00:26:59,017 --> 00:27:02,020

when you get 65 and 70 years old.

 

866

00:27:03,321 --> 00:27:04,990

Because if you talk to any older

 

867

00:27:04,990 --> 00:27:07,959

guy, you know.

 

868

00:27:09,027 --> 00:27:10,962

You can't put a price on on your health.

 

869

00:27:10,962 --> 00:27:11,296

Right.

 

870

00:27:11,296 --> 00:27:11,696

Well, now,

 

871

00:27:11,696 --> 00:27:13,632

all the pains that you're going to feel,

 

872

00:27:13,632 --> 00:27:16,868

so that's that's when I, when I talk,

 

873

00:27:17,002 --> 00:27:19,004

when we talk about slow paying people.

 

874

00:27:19,004 --> 00:27:20,338

Here's the other thing.

 

875

00:27:20,338 --> 00:27:21,940

There's been times where,

 

876

00:27:21,940 --> 00:27:22,540

you know what,

 

877

00:27:22,540 --> 00:27:23,008

I got this

 

878

00:27:23,008 --> 00:27:24,342

huge job coming up,

 

879

00:27:24,342 --> 00:27:26,144

and I put another sander on a job,

 

880

00:27:26,144 --> 00:27:26,878

and there's a sander

 

881

00:27:26,878 --> 00:27:28,813

sitting out at the distributor

 

882

00:27:28,813 --> 00:27:29,681

that then

 

883

00:27:29,681 --> 00:27:31,750

I had had my eye on for a long time.

 

884

00:27:31,750 --> 00:27:33,785

And this makes sense to buy it now

 

885

00:27:33,785 --> 00:27:35,253

because we've got so much going

 

886

00:27:35,253 --> 00:27:36,388

on, blah, blah, blah.

 

887

00:27:36,388 --> 00:27:37,489

And this guy is up now.

 

888

00:27:37,489 --> 00:27:38,657

He can, he can, you know,

 

889

00:27:38,657 --> 00:27:40,325

we can promote him to, to to running

 

890

00:27:40,325 --> 00:27:41,993

the sander also set up another crew.

 

891

00:27:42,961 --> 00:27:45,964

But I got $65,000 sitting out there.

 

892

00:27:46,064 --> 00:27:46,698

You know what I mean?

 

893

00:27:46,698 --> 00:27:49,701

Job's done and completed and,

 

894

00:27:50,502 --> 00:27:52,370

so rather than have

 

895

00:27:52,370 --> 00:27:54,172

put the new sander on his job.

 

896

00:27:54,172 --> 00:27:55,840

Well, I don't have the money yet,

 

897

00:27:55,840 --> 00:27:56,441

you know what I mean?

 

898

00:27:56,441 --> 00:27:58,410

And I had a rule about buying equipment.

 

899

00:27:58,410 --> 00:27:59,244

I wanted to pay for it.

 

900

00:27:59,244 --> 00:28:00,011

Now.

 

901

00:28:00,011 --> 00:28:03,548

So, so that you and it inhibits

 

902

00:28:03,615 --> 00:28:06,618

growth for your business.

 

903

00:28:06,751 --> 00:28:08,119

All these things are bad.

 

904

00:28:08,119 --> 00:28:09,587

But the main thing to me

 

905

00:28:09,587 --> 00:28:10,989

is the psychological stress of it

 

906

00:28:10,989 --> 00:28:12,257

and also just annoying.

 

907

00:28:12,257 --> 00:28:13,058

Somehow

 

908

00:28:13,058 --> 00:28:15,193

it hurts your soul to know

 

909

00:28:15,193 --> 00:28:16,995

that I did this job.

 

910

00:28:16,995 --> 00:28:18,196

I ran through everything

 

911

00:28:18,196 --> 00:28:19,264

you wanted me to do.

 

912

00:28:19,264 --> 00:28:21,032

I jumped through all the hoops

 

913

00:28:21,032 --> 00:28:23,768

and I'm having to to wait on my money.

 

914

00:28:23,768 --> 00:28:26,538

That's not good for you, Yeah.

 

915

00:28:28,206 --> 00:28:30,008

And,

 

916

00:28:30,008 --> 00:28:32,477

I think what people don't get

 

917

00:28:32,477 --> 00:28:34,179

who are holding that money.

 

918

00:28:34,179 --> 00:28:36,181

The people who always have money,

 

919

00:28:36,181 --> 00:28:37,015

you know, a lot of them

 

920

00:28:37,015 --> 00:28:39,984

don't have their own business.

 

921

00:28:39,984 --> 00:28:40,585

You know what I mean?

 

922

00:28:40,585 --> 00:28:43,321

They they get a check every single week

 

923

00:28:43,321 --> 00:28:44,589

or every other week.

 

924

00:28:44,589 --> 00:28:46,157

They get a check from their job.

 

925

00:28:46,157 --> 00:28:47,926

That's how it works, right?

 

926

00:28:47,926 --> 00:28:49,127

Just like how it works for you

 

927

00:28:49,127 --> 00:28:52,130

and I boner every other week.

 

928

00:28:52,497 --> 00:28:54,733

We're good. Right?

 

929

00:28:54,733 --> 00:28:57,736

And I don't think a lot of

 

930

00:28:58,269 --> 00:29:00,972

our customers realize that,

 

931

00:29:00,972 --> 00:29:01,372

you know,

 

932

00:29:01,372 --> 00:29:03,308

they think they're

 

933

00:29:03,308 --> 00:29:05,977

slow paying a business.

 

934

00:29:05,977 --> 00:29:07,846

And a lot of us, you know,

 

935

00:29:07,846 --> 00:29:10,849

especially when we get started.

 

936

00:29:11,082 --> 00:29:12,717

No. It's personal.

 

937

00:29:12,717 --> 00:29:15,720

You're you're slow paying my family,

 

938

00:29:17,021 --> 00:29:18,656

you know, you're not slow.

 

939

00:29:18,656 --> 00:29:19,657

You're not.

 

940

00:29:19,657 --> 00:29:22,227

You're not slow paying associates.

 

941

00:29:22,227 --> 00:29:25,263

You're slow paying Pete and Rob and

 

942

00:29:26,197 --> 00:29:28,566

and the kids,

 

943

00:29:28,566 --> 00:29:31,136

you know, and after

 

944

00:29:31,136 --> 00:29:32,403

we got slow

 

945

00:29:32,403 --> 00:29:35,406

paid and burned a couple of times

 

946

00:29:35,507 --> 00:29:37,609

because it was.

 

947

00:29:37,609 --> 00:29:38,743

You didn't just burn me.

 

948

00:29:38,743 --> 00:29:41,112

You burn my wife and kids.

 

949

00:29:41,112 --> 00:29:43,281

That's when we start to really make

 

950

00:29:43,281 --> 00:29:45,583

some drastic changes

 

951

00:29:45,583 --> 00:29:47,886

in the way we were doing business.

 

952

00:29:47,886 --> 00:29:49,921

You know? And I felt same.

 

953

00:29:49,921 --> 00:29:50,889

Same thing.

 

954

00:29:50,889 --> 00:29:53,591

You know, I felt kinda crappy about.

 

955

00:29:53,591 --> 00:29:54,259

I gotta

 

956

00:29:54,259 --> 00:29:55,727

you gotta kind of sign this,

 

957

00:29:55,727 --> 00:29:58,029

and I need a down payment and

 

958

00:29:58,029 --> 00:29:59,531

and but you know what?

 

959

00:29:59,531 --> 00:30:01,566

Once I started pulling down payments

 

960

00:30:01,566 --> 00:30:03,368

and having people sign contracts

 

961

00:30:03,368 --> 00:30:04,335

and everything,

 

962

00:30:04,335 --> 00:30:04,969

and it

 

963

00:30:04,969 --> 00:30:06,971

that kind of went away a little bit.

 

964

00:30:06,971 --> 00:30:10,508

Now got to, you know, like this is a

 

965

00:30:11,042 --> 00:30:14,012

this is a more serious way to do business

 

966

00:30:14,012 --> 00:30:16,481

rather than shake my hand.

 

967

00:30:16,481 --> 00:30:17,749

And we're good to go and

 

968

00:30:17,749 --> 00:30:19,150

we're all buddies as.

 

969

00:30:21,119 --> 00:30:22,587

here's where this hit me.

 

970

00:30:22,587 --> 00:30:25,223

That always sticks in my, in my head.

 

971

00:30:25,223 --> 00:30:26,791

One of my distributors

 

972

00:30:26,791 --> 00:30:30,395

was having an open house and

 

973

00:30:30,395 --> 00:30:32,330

when I went to the open house,

 

974

00:30:32,330 --> 00:30:33,665

I just, I didn't go there.

 

975

00:30:33,665 --> 00:30:34,799

There's no open house.

 

976

00:30:34,799 --> 00:30:36,301

I went there to get a hamburger.

 

977

00:30:36,301 --> 00:30:37,902

It

 

978

00:30:37,902 --> 00:30:38,570

Yeah.

 

979

00:30:38,570 --> 00:30:40,839

Yeah, I get it.

 

980

00:30:40,839 --> 00:30:42,707

but when I was there, they handed me

 

981

00:30:42,707 --> 00:30:43,808

a list of all the deals

 

982

00:30:43,808 --> 00:30:45,643

that were going on that day.

 

983

00:30:45,643 --> 00:30:48,646

If I bought X amount of, of Finnish,

 

984

00:30:48,713 --> 00:30:51,049

it was 20% off or 15% off or whatever

 

985

00:30:51,049 --> 00:30:53,017

it was, or the server took some off

 

986

00:30:53,017 --> 00:30:53,918

and they took some off.

 

987

00:30:53,918 --> 00:30:55,320

And there was a deal on that.

 

988

00:30:55,320 --> 00:30:57,222

If I bought this product, it was a

 

989

00:30:57,222 --> 00:30:58,723

it was a deal on sandpaper.

 

990

00:30:58,723 --> 00:31:01,226

I can't reduce the cost by X amount.

 

991

00:31:01,226 --> 00:31:02,727

And I'm thinking,

 

992

00:31:02,727 --> 00:31:05,530

I can't take advantage of this because

 

993

00:31:05,530 --> 00:31:08,299

I'm 60 grand sitting out there

 

994

00:31:08,299 --> 00:31:09,467

that's already been work's

 

995

00:31:09,467 --> 00:31:10,068

been done

 

996

00:31:10,068 --> 00:31:12,070

and it's not in my pocket right now.

 

997

00:31:12,070 --> 00:31:13,671

So you're stop.

 

998

00:31:13,671 --> 00:31:16,174

Not only is there a cost of that

 

999

00:31:16,174 --> 00:31:17,609

money I don't have right now

 

1000

00:31:18,710 --> 00:31:19,544

the psychological

 

1001

00:31:19,544 --> 00:31:20,845

cost of everything else,

 

1002

00:31:20,845 --> 00:31:23,715

but I can't take advantage of these deals

 

1003

00:31:23,715 --> 00:31:25,650

now because you're holding my money.

 

1004

00:31:25,650 --> 00:31:26,918

So you've cost me money

 

1005

00:31:26,918 --> 00:31:28,853

going into the next jobs.

 

1006

00:31:28,853 --> 00:31:30,555

And I really had to sit down and go.

 

1007

00:31:30,555 --> 00:31:30,922

We got it.

 

1008

00:31:30,922 --> 00:31:32,457

We got to change this, man.

 

1009

00:31:32,457 --> 00:31:33,658

I gotta

 

1010

00:31:33,658 --> 00:31:35,660

I gotta figure out a different way.

 

1011

00:31:35,660 --> 00:31:38,229

And then that's when we held firm on

 

1012

00:31:38,229 --> 00:31:39,864

getting the,

 

1013

00:31:39,864 --> 00:31:42,100

the down payments, the pauses, the whole.

 

1014

00:31:42,100 --> 00:31:43,301

The job's a down payment.

 

1015

00:31:43,301 --> 00:31:44,202

When I get my material,

 

1016

00:31:44,202 --> 00:31:44,802

I want my money

 

1017

00:31:44,802 --> 00:31:46,571

now, marking up the material

 

1018

00:31:46,571 --> 00:31:49,574

even more and and, you know,

 

1019

00:31:49,941 --> 00:31:51,743

the proper way to market material.

 

1020

00:31:51,743 --> 00:31:53,211

And,

 

1021

00:31:53,211 --> 00:31:54,879

because I was, I was losing money

 

1022

00:31:54,879 --> 00:31:55,847

on what I sign.

 

1023

00:31:55,847 --> 00:31:56,981

I was marking up the material.

 

1024

00:31:56,981 --> 00:31:58,549

Wasn't marking up enough.

 

1025

00:31:58,549 --> 00:32:02,220

So, all that,

 

1026

00:32:03,021 --> 00:32:05,423

I'm telling you, you will luck

 

1027

00:32:05,423 --> 00:32:07,292

with a lighter step

 

1028

00:32:07,292 --> 00:32:08,860

after you get that done.

 

1029

00:32:08,860 --> 00:32:09,460

You know what I mean?

 

1030

00:32:09,460 --> 00:32:11,729

You'll just feel better about yourself.

 

1031

00:32:11,729 --> 00:32:12,096

I mean,

 

1032

00:32:12,096 --> 00:32:14,032

because it's almost a self-worth thing.

 

1033

00:32:14,032 --> 00:32:14,699

You know what I mean?

 

1034

00:32:14,699 --> 00:32:17,001

That. Hey, I frigging deserve this, man.

 

1035

00:32:17,001 --> 00:32:18,102

And then when you take the steps

 

1036

00:32:18,102 --> 00:32:19,971

to implement these things, then,

 

1037

00:32:19,971 --> 00:32:21,606

I think,

 

1038

00:32:21,606 --> 00:32:23,174

it goes a long way for your,

 

1039

00:32:23,174 --> 00:32:24,842

for your business health

 

1040

00:32:24,842 --> 00:32:26,144

and your, mental health.

 

1041

00:32:27,312 --> 00:32:29,981

And the other thing I used to.

 

1042

00:32:29,981 --> 00:32:30,815

One of the reasons

 

1043

00:32:30,815 --> 00:32:31,983

that we really started

 

1044

00:32:31,983 --> 00:32:34,986

getting down payments was.

 

1045

00:32:35,386 --> 00:32:37,322

All of a sudden, we'd be, like,

 

1046

00:32:37,322 --> 00:32:39,090

going to do a job, and,

 

1047

00:32:39,090 --> 00:32:41,626

we're not ready for you yet.

 

1048

00:32:41,626 --> 00:32:44,162

Oh.

 

1049

00:32:44,162 --> 00:32:44,996

What are you talking about?

 

1050

00:32:44,996 --> 00:32:47,899

You're not ready for me? This is.

 

1051

00:32:47,899 --> 00:32:50,902

You know, I had a week here.

 

1052

00:32:52,470 --> 00:32:54,973

Yeah, you're in that.

 

1053

00:32:54,973 --> 00:32:56,507

So,

 

1054

00:32:56,507 --> 00:32:56,874

you know,

 

1055

00:32:56,874 --> 00:32:58,276

we weren't just getting

 

1056

00:32:58,276 --> 00:32:59,944

material down payments.

 

1057

00:32:59,944 --> 00:33:02,380

We were getting, like, half of the job.

 

1058

00:33:02,380 --> 00:33:05,183

Down payments or installs and stuff.

 

1059

00:33:05,183 --> 00:33:08,186

And to me, it was always.

 

1060

00:33:08,953 --> 00:33:10,922

You just bought that week that.

 

1061

00:33:10,922 --> 00:33:12,724

That's what this down payment is.

 

1062

00:33:12,724 --> 00:33:16,594

Is you paying me for that week.

 

1063

00:33:16,627 --> 00:33:18,796

Now, if you screwed me on that week.

 

1064

00:33:18,796 --> 00:33:19,630

Oh, okay.

 

1065

00:33:19,630 --> 00:33:20,732

You know,

 

1066

00:33:20,732 --> 00:33:21,699

I'm going to cut and run

 

1067

00:33:21,699 --> 00:33:22,867

and try to find some

 

1068

00:33:22,867 --> 00:33:23,901

other things to do, but,

 

1069

00:33:24,969 --> 00:33:27,038

now you're going to

 

1070

00:33:27,038 --> 00:33:29,607

you're going to be on my timeline now

 

1071

00:33:29,607 --> 00:33:32,610

because you already paid for your week.

 

1072

00:33:32,643 --> 00:33:33,711

I'll get you in.

 

1073

00:33:33,711 --> 00:33:38,282

But you know when I can get you in now,

 

1074

00:33:38,282 --> 00:33:39,550

because you bought your week

 

1075

00:33:39,550 --> 00:33:42,553

and screwed yourself.

 

1076

00:33:43,154 --> 00:33:44,589

Let's say there's going to be an issue

 

1077

00:33:44,589 --> 00:33:45,590

and there's a scheduling change

 

1078

00:33:45,590 --> 00:33:47,291

on their part. Right.

 

1079

00:33:47,291 --> 00:33:50,461

And let's say the painter says if

 

1080

00:33:50,461 --> 00:33:52,563

if we have to reschedule it's a 20%

 

1081

00:33:52,563 --> 00:33:54,399

rescheduling blah blah blah.

 

1082

00:33:54,399 --> 00:33:56,534

And the floor guy just says

 

1083

00:33:56,534 --> 00:33:58,569

that that has nothing about that.

 

1084

00:33:58,569 --> 00:34:00,171

Who are you going to move?

 

1085

00:34:00,171 --> 00:34:01,372

The guy that I got,

 

1086

00:34:01,372 --> 00:34:02,673

if I, if I move him around,

 

1087

00:34:02,673 --> 00:34:03,775

I got to pay a 20%.

 

1088

00:34:03,775 --> 00:34:04,442

But the floor guy

 

1089

00:34:04,442 --> 00:34:06,577

just nothing in there about that.

 

1090

00:34:06,577 --> 00:34:06,844

I'll just

 

1091

00:34:08,246 --> 00:34:08,780

Wait a minute,

 

1092

00:34:08,780 --> 00:34:10,448

wait a minute, wait a minute. Back up.

 

1093

00:34:10,448 --> 00:34:13,418

What did you just say?

 

1094

00:34:13,418 --> 00:34:14,919

A 20%

 

1095

00:34:14,919 --> 00:34:17,889

people are doing that.

 

1096

00:34:19,190 --> 00:34:21,325

No, I mean, that's the thing.

 

1097

00:34:21,325 --> 00:34:23,828

I'm serious.

 

1098

00:34:23,828 --> 00:34:25,530

Oh.

 

1099

00:34:25,530 --> 00:34:26,764

then here's a deal.

 

1100

00:34:26,764 --> 00:34:27,865

You there's a

 

1101

00:34:27,865 --> 00:34:28,366

you know,

 

1102

00:34:28,366 --> 00:34:29,667

I call it a penalty,

 

1103

00:34:29,667 --> 00:34:30,768

but it's a rescheduling

 

1104

00:34:30,768 --> 00:34:31,436

because you got to move

 

1105

00:34:31,436 --> 00:34:32,336

all these guys around.

 

1106

00:34:32,336 --> 00:34:33,805

You got to do this that and the other.

 

1107

00:34:33,805 --> 00:34:35,273

So and even if you don't

 

1108

00:34:35,273 --> 00:34:38,209

charge him for it, it's there.

 

1109

00:34:38,209 --> 00:34:38,509

You know,

 

1110

00:34:38,509 --> 00:34:39,977

I mean you can always take it away.

 

1111

00:34:39,977 --> 00:34:41,379

But but like I said, if

 

1112

00:34:41,379 --> 00:34:42,880

if someone's got to move,

 

1113

00:34:42,880 --> 00:34:43,481

who are you going to move

 

1114

00:34:43,481 --> 00:34:44,415

if you're the homeowner,

 

1115

00:34:44,415 --> 00:34:45,750

the guy is going to cost me money.

 

1116

00:34:45,750 --> 00:34:46,551

If I if I change

 

1117

00:34:46,551 --> 00:34:47,618

the schedule of the guy, that's

 

1118

00:34:47,618 --> 00:34:48,453

like, well, I just

 

1119

00:34:50,388 --> 00:34:52,090

Oh, okay.

 

1120

00:34:52,090 --> 00:34:55,093

That's why you have a show right there.

 

1121

00:34:56,694 --> 00:34:58,629

Was that in your contract?

 

1122

00:34:58,629 --> 00:35:01,399

No, we're, towards the end and my

 

1123

00:35:01,399 --> 00:35:03,401

I don't know, I don't think it was Rob.

 

1124

00:35:03,401 --> 00:35:05,470

I don't think it was. We.

 

1125

00:35:05,470 --> 00:35:06,037

I'll tell you who's

 

1126

00:35:06,037 --> 00:35:07,839

going to love that bomb. Bombs.

 

1127

00:35:07,839 --> 00:35:10,842

Going to love that.

 

1128

00:35:11,476 --> 00:35:13,177

You know what that is?

 

1129

00:35:13,177 --> 00:35:16,180

Is everybody should do that.

 

1130

00:35:16,714 --> 00:35:18,749

Because it's like you said.

 

1131

00:35:18,749 --> 00:35:21,819

You could give it back to the guy or

 

1132

00:35:23,454 --> 00:35:24,088

he's going to look.

 

1133

00:35:24,088 --> 00:35:25,056

Who do I move?

 

1134

00:35:25,056 --> 00:35:27,125

The guy who has a rescheduling fee

 

1135

00:35:27,125 --> 00:35:29,060

or who doesn't?

 

1136

00:35:29,060 --> 00:35:30,795

reason to do it

 

1137

00:35:30,795 --> 00:35:32,296

is who are you going to move.

 

1138

00:35:32,296 --> 00:35:34,332

Because I won't feel like the chump.

 

1139

00:35:34,332 --> 00:35:35,566

Somebody's going to get burned.

 

1140

00:35:35,566 --> 00:35:37,835

Hey let me me you know what I mean.

 

1141

00:35:37,835 --> 00:35:40,838

So that's that's the reason for that, I

 

1142

00:35:41,639 --> 00:35:42,840

That's a nugget.

 

1143

00:35:42,840 --> 00:35:44,041

I'm going to do

 

1144

00:35:44,041 --> 00:35:45,409

you get two bills for that one?

 

1145

00:35:47,011 --> 00:35:49,680

Put a rescheduling fee in your contract.

 

1146

00:35:49,680 --> 00:35:52,183

Just,

 

1147

00:35:52,183 --> 00:35:53,184

Just so. And it's.

 

1148

00:35:53,184 --> 00:35:54,619

And if And it.

 

1149

00:35:54,619 --> 00:35:55,386

I don't mean

 

1150

00:35:55,386 --> 00:35:58,389

a another way to make money, but

 

1151

00:35:58,456 --> 00:35:59,290

it's another way

 

1152

00:35:59,290 --> 00:36:01,292

to keep your schedule good.

 

1153

00:36:01,292 --> 00:36:03,528

If and if somebody calls you on it.

 

1154

00:36:03,528 --> 00:36:05,062

Wow. Really scathing three.

 

1155

00:36:05,062 --> 00:36:06,864

And I'll say you know why we do that?

 

1156

00:36:06,864 --> 00:36:09,767

Because our schedules are so important

 

1157

00:36:09,767 --> 00:36:10,067

to us.

 

1158

00:36:10,067 --> 00:36:11,435

If you call us to be at a certain time,

 

1159

00:36:11,435 --> 00:36:12,603

you want to be there.

 

1160

00:36:12,603 --> 00:36:13,938

And if people jack

 

1161

00:36:13,938 --> 00:36:15,106

your schedule around,

 

1162

00:36:15,106 --> 00:36:18,609

it kind of would, like a domino effect

 

1163

00:36:18,609 --> 00:36:19,410

on our next customer.

 

1164

00:36:19,410 --> 00:36:21,279

So that allows us to keep our place

 

1165

00:36:21,279 --> 00:36:21,946

and make sure that

 

1166

00:36:21,946 --> 00:36:24,949

people don't move us around.

 

1167

00:36:25,149 --> 00:36:27,218

It's a negotiation tactic.

 

1168

00:36:27,218 --> 00:36:28,186

Absolutely.

 

1169

00:36:28,186 --> 00:36:30,788

Yeah.

 

1170

00:36:30,788 --> 00:36:31,689

Man. Oh, man.

 

1171

00:36:31,689 --> 00:36:34,358

I don't know why people call you dumb.

 

1172

00:36:34,358 --> 00:36:35,626

That's a good one.

 

1173

00:36:35,626 --> 00:36:37,795

That's a good one. Thank you.

 

1174

00:36:39,096 --> 00:36:42,667

So how to avoid these type of things?

 

1175

00:36:42,967 --> 00:36:44,068

I want to do a whole show

 

1176

00:36:44,068 --> 00:36:45,336

on rescheduling fees.

 

1177

00:36:45,336 --> 00:36:48,339

Now.

 

1178

00:36:50,374 --> 00:36:53,144

If anybody listening to the show

 

1179

00:36:53,144 --> 00:36:54,412

does rescheduling,

 

1180

00:36:54,412 --> 00:36:57,415

please shoot us an email or a text.

 

1181

00:36:57,949 --> 00:36:58,783

here's the thing, too.

 

1182

00:36:58,783 --> 00:37:00,351

I don't know about where you live,

 

1183

00:37:00,351 --> 00:37:01,252

but if you have a

 

1184

00:37:01,252 --> 00:37:03,921

doctor's appointment here and you cancel,

 

1185

00:37:03,921 --> 00:37:06,057

let's say, because I did this recently.

 

1186

00:37:06,057 --> 00:37:09,427

And this is, October in October.

 

1187

00:37:09,427 --> 00:37:10,861

End of October. Yes.

 

1188

00:37:10,861 --> 00:37:12,129

We can fit you in again, Wayne.

 

1189

00:37:12,129 --> 00:37:15,099

In January.

 

1190

00:37:15,132 --> 00:37:16,867

January. Right.

 

1191

00:37:16,867 --> 00:37:18,202

Yeah.

 

1192

00:37:18,202 --> 00:37:19,503

my fault I had to

 

1193

00:37:19,503 --> 00:37:21,205

I was traveling, I couldn't make it.

 

1194

00:37:21,205 --> 00:37:22,473

I couldn't change it. Whatever.

 

1195

00:37:22,473 --> 00:37:24,709

So they can see me now in January.

 

1196

00:37:24,709 --> 00:37:25,042

So.

 

1197

00:37:25,042 --> 00:37:26,310

Hey, it's

 

1198

00:37:26,310 --> 00:37:27,979

it's the world we live in today.

 

1199

00:37:27,979 --> 00:37:30,748

So, you know,

 

1200

00:37:32,083 --> 00:37:35,086

I also think it's smart to send reminders

 

1201

00:37:35,219 --> 00:37:36,587

that that, the pays,

 

1202

00:37:36,587 --> 00:37:37,321

the payments are going to be

 

1203

00:37:37,321 --> 00:37:37,922

you or whatever,

 

1204

00:37:37,922 --> 00:37:39,123

or if you're putting the,

 

1205

00:37:39,123 --> 00:37:40,625

the second coat on

 

1206

00:37:40,625 --> 00:37:41,559

and you're going to come back

 

1207

00:37:41,559 --> 00:37:42,360

to the following day

 

1208

00:37:42,360 --> 00:37:43,828

just anyway, tomorrow's our last day.

 

1209

00:37:43,828 --> 00:37:44,762

Just a reminder.

 

1210

00:37:44,762 --> 00:37:45,429

Here's the

 

1211

00:37:45,429 --> 00:37:47,098

the deal on completion

 

1212

00:37:47,098 --> 00:37:48,766

will be done tomorrow around 12.

 

1213

00:37:48,766 --> 00:37:49,800

So just, you know, just

 

1214

00:37:49,800 --> 00:37:50,835

so you don't get there in that deal.

 

1215

00:37:50,835 --> 00:37:53,838

Oh my husband is blah

 

1216

00:37:54,005 --> 00:37:54,639

Yeah.

 

1217

00:37:54,639 --> 00:37:56,374

Yeah. Yeah.

 

1218

00:37:56,374 --> 00:37:58,242

a small reminder

 

1219

00:37:58,242 --> 00:38:00,311

that you can also set up rewards.

 

1220

00:38:00,311 --> 00:38:02,380

And we used to do this where, you know,

 

1221

00:38:02,380 --> 00:38:03,314

if they pay the bill

 

1222

00:38:03,314 --> 00:38:04,682

upon completion of the job,

 

1223

00:38:04,682 --> 00:38:06,250

we gave you a, a bonus

 

1224

00:38:06,250 --> 00:38:06,984

cleaning kit

 

1225

00:38:06,984 --> 00:38:09,987

and also some coasters for your furniture

 

1226

00:38:10,321 --> 00:38:11,289

didn't cost as much.

 

1227

00:38:11,289 --> 00:38:12,056

We built it into the

 

1228

00:38:14,225 --> 00:38:17,228

kind of a nice, nice gift as well.

 

1229

00:38:17,428 --> 00:38:20,097

 

 

1230

00:38:20,097 --> 00:38:23,067

I think,

 

1231

00:38:23,067 --> 00:38:24,902

using more professional invoices.

 

1232

00:38:24,902 --> 00:38:25,970

Also,

 

1233

00:38:25,970 --> 00:38:26,604

you know,

 

1234

00:38:26,604 --> 00:38:27,471

I think that just makes

 

1235

00:38:27,471 --> 00:38:28,372

you look good as a company.

 

1236

00:38:28,372 --> 00:38:30,207

So I think that's a good idea to,

 

1237

00:38:30,207 --> 00:38:31,776

you know,

 

1238

00:38:31,776 --> 00:38:32,376

I mean, I'm

 

1239

00:38:32,376 --> 00:38:35,379

at Arby's and there's a napkin here.

 

1240

00:38:35,579 --> 00:38:37,181

It's, It's on the back of my business

 

1241

00:38:37,181 --> 00:38:39,650

card there. That. That's what you.

 

1242

00:38:39,650 --> 00:38:40,718

That's what you owe me.

 

1243

00:38:40,718 --> 00:38:43,054

Yeah.

 

1244

00:38:43,054 --> 00:38:44,121

We had,

 

1245

00:38:44,121 --> 00:38:45,923

we had kind of the opposite

 

1246

00:38:45,923 --> 00:38:48,059

of a slow payer.

 

1247

00:38:48,059 --> 00:38:50,661

One time

 

1248

00:38:50,661 --> 00:38:53,664

there was, a company that.

 

1249

00:38:53,964 --> 00:38:54,632

I don't know how

 

1250

00:38:54,632 --> 00:38:57,635

we got involved with them, but they have,

 

1251

00:38:58,202 --> 00:39:01,205

a factory was four floors

 

1252

00:39:01,238 --> 00:39:04,308

with about 300,000ft of maple,

 

1253

00:39:04,709 --> 00:39:06,744

top nail flooring.

 

1254

00:39:06,744 --> 00:39:09,747

And I probably told the story before.

 

1255

00:39:11,782 --> 00:39:14,385

Top nail, four inch, top nailed.

 

1256

00:39:15,820 --> 00:39:16,987

And we had to set.

 

1257

00:39:16,987 --> 00:39:19,990

We had to set every single nail

 

1258

00:39:21,125 --> 00:39:24,128

and set it in maple.

 

1259

00:39:24,362 --> 00:39:25,262

Yeah.

 

1260

00:39:25,262 --> 00:39:26,764

So.

 

1261

00:39:26,764 --> 00:39:29,667

And so we got this call from the guy,

 

1262

00:39:29,667 --> 00:39:31,001

and he's like, here's

 

1263

00:39:31,001 --> 00:39:32,603

here's how we do it.

 

1264

00:39:32,603 --> 00:39:35,606

We try to give you between 3 and 4000ft.

 

1265

00:39:36,107 --> 00:39:38,809

You can start Friday afternoon.

 

1266

00:39:38,809 --> 00:39:41,812

And everybody you have to be done

 

1267

00:39:43,080 --> 00:39:45,449

by Monday morning for the first shift

 

1268

00:39:45,449 --> 00:39:46,484

on Monday morning.

 

1269

00:39:46,484 --> 00:39:48,219

And this place ran

 

1270

00:39:48,219 --> 00:39:49,854

three shifts, seven days a week.

 

1271

00:39:49,854 --> 00:39:52,857

But they could close something down.

 

1272

00:39:53,557 --> 00:39:56,026

We were there on Friday,

 

1273

00:39:56,026 --> 00:39:58,729

but we had three coats of water base

 

1274

00:39:58,729 --> 00:40:01,599

done Monday morning

 

1275

00:40:01,599 --> 00:40:04,602

and setting all these nails.

 

1276

00:40:04,869 --> 00:40:06,303

So the guy's walking me through it.

 

1277

00:40:06,303 --> 00:40:07,037

And you know, I'm

 

1278

00:40:07,037 --> 00:40:10,040

looking at this going, Holy this is

 

1279

00:40:10,641 --> 00:40:13,411

this is.

 

1280

00:40:13,411 --> 00:40:15,346

Yeah.

 

1281

00:40:15,346 --> 00:40:17,281

Like, wow. But

 

1282

00:40:18,416 --> 00:40:19,984

I've said this before, Pete

 

1283

00:40:19,984 --> 00:40:21,419

and I might not have been

 

1284

00:40:21,419 --> 00:40:24,422

the world's greatest craftsmen, but

 

1285

00:40:24,688 --> 00:40:26,457

we could work pretty good

 

1286

00:40:26,457 --> 00:40:27,658

when we were doing bowling alleys.

 

1287

00:40:27,658 --> 00:40:29,393

I mean, we you could.

 

1288

00:40:29,393 --> 00:40:31,228

We could work.

 

1289

00:40:31,228 --> 00:40:32,663

We could go 24 hours.

 

1290

00:40:32,663 --> 00:40:33,464

We really could.

 

1291

00:40:33,464 --> 00:40:36,467

I'm not saying this exaggerating,

 

1292

00:40:36,600 --> 00:40:37,468

but we could.

 

1293

00:40:37,468 --> 00:40:39,870

That was one thing that you couldn't

 

1294

00:40:39,870 --> 00:40:41,939

outwork us. You might.

 

1295

00:40:41,939 --> 00:40:43,441

You might make it look better than us.

 

1296

00:40:43,441 --> 00:40:45,643

But you'd be sleeping,

 

1297

00:40:45,643 --> 00:40:47,077

and we're still going to be going.

 

1298

00:40:47,077 --> 00:40:48,746

Yeah.

 

1299

00:40:48,746 --> 00:40:51,482

So, you know, we're kind of walking in.

 

1300

00:40:51,482 --> 00:40:53,117

The money was

 

1301

00:40:53,117 --> 00:40:54,385

going to be fantastic

 

1302

00:40:54,385 --> 00:40:55,453

and they were buying the finish.

 

1303

00:40:55,453 --> 00:40:55,920

So I was like,

 

1304

00:40:55,920 --> 00:40:58,923

oh, this is still a lot of money.

 

1305

00:40:59,023 --> 00:41:02,026

I'm going to do really good here right?

 

1306

00:41:02,293 --> 00:41:03,461

So I said,

 

1307

00:41:03,461 --> 00:41:04,728

you know how long as to get to pay?

 

1308

00:41:04,728 --> 00:41:06,864

And he goes, we're slow payers.

 

1309

00:41:08,933 --> 00:41:09,700

As like really?

 

1310

00:41:09,700 --> 00:41:10,835

He goes, oh yeah.

 

1311

00:41:10,835 --> 00:41:11,569

He goes, you're

 

1312

00:41:11,569 --> 00:41:13,103

they'll stretch you out every time

 

1313

00:41:13,103 --> 00:41:16,106

to, to 90 days.

 

1314

00:41:16,173 --> 00:41:16,907

And I was like,

 

1315

00:41:16,907 --> 00:41:18,142

all right, well I,

 

1316

00:41:18,142 --> 00:41:20,010

I gotta talk to my partner.

 

1317

00:41:20,010 --> 00:41:21,612

You know,

 

1318

00:41:21,612 --> 00:41:22,780

and God love Peter.

 

1319

00:41:22,780 --> 00:41:25,449

I could talk him into anything.

 

1320

00:41:25,449 --> 00:41:27,618

And, I'm like, you know what, Pete?

 

1321

00:41:27,618 --> 00:41:28,819

This is just gravy.

 

1322

00:41:28,819 --> 00:41:30,521

This is just frosting on the cake.

 

1323

00:41:30,521 --> 00:41:32,089

Okay.

 

1324

00:41:32,089 --> 00:41:33,991

We'll we'll be working,

 

1325

00:41:33,991 --> 00:41:35,593

doing our regular stuff.

 

1326

00:41:35,593 --> 00:41:38,596

And then once a month will be, you know,

 

1327

00:41:38,829 --> 00:41:40,397

a few nights, no sleep.

 

1328

00:41:40,397 --> 00:41:43,467

But, you know, in 90 days,

 

1329

00:41:44,435 --> 00:41:45,469

they're going to start,

 

1330

00:41:45,469 --> 00:41:48,005

you know, pour it on us

 

1331

00:41:48,005 --> 00:41:48,639

and pieces.

 

1332

00:41:48,639 --> 00:41:49,073

No, it's

 

1333

00:41:49,073 --> 00:41:50,574

please give me the same thing you are.

 

1334

00:41:50,574 --> 00:41:52,643

Yeah. Okay. Whatever. Right.

 

1335

00:41:52,643 --> 00:41:53,210

And I know

 

1336

00:41:53,210 --> 00:41:54,545

he he's not going to take

 

1337

00:41:54,545 --> 00:41:55,279

no for an answer,

 

1338

00:41:55,279 --> 00:41:57,047

so I might as well just shake my head.

 

1339

00:41:57,047 --> 00:41:58,949

Say, yep. Let's go for it.

 

1340

00:42:00,184 --> 00:42:01,118

So, boom.

 

1341

00:42:01,118 --> 00:42:04,054

We, I talked Pete into it, and I'm like,

 

1342

00:42:04,054 --> 00:42:04,855

all right.

 

1343

00:42:04,855 --> 00:42:05,890

But the other thing was,

 

1344

00:42:05,890 --> 00:42:08,859

all right, we know it's 90 days.

 

1345

00:42:08,859 --> 00:42:09,693

You know what I mean?

 

1346

00:42:09,693 --> 00:42:11,061

We know it was 90 days.

 

1347

00:42:11,061 --> 00:42:12,796

No surprises.

 

1348

00:42:12,796 --> 00:42:13,631

And like I said, it's

 

1349

00:42:13,631 --> 00:42:16,634

all going to be gravy.

 

1350

00:42:18,068 --> 00:42:19,603

So

 

1351

00:42:19,603 --> 00:42:21,205

we get in Friday.

 

1352

00:42:21,205 --> 00:42:23,274

Finished Monday morning.

 

1353

00:42:23,274 --> 00:42:24,975

I mean, we are bleary.

 

1354

00:42:24,975 --> 00:42:26,243

I just

 

1355

00:42:26,243 --> 00:42:29,246

we really we never, never went home.

 

1356

00:42:29,613 --> 00:42:31,949

We were there for three days.

 

1357

00:42:31,949 --> 00:42:33,584

And the guy comes in Monday morning

 

1358

00:42:33,584 --> 00:42:35,619

and he's walking it and he's like,

 

1359

00:42:35,619 --> 00:42:38,088

yeah, this is this is fantastic.

 

1360

00:42:38,088 --> 00:42:38,756

We got here.

 

1361

00:42:38,756 --> 00:42:40,457

He couldn't have been happier. Right. No.

 

1362

00:42:40,457 --> 00:42:42,893

All right. Beautiful.

 

1363

00:42:42,893 --> 00:42:43,761

Fantastic.

 

1364

00:42:43,761 --> 00:42:44,628

And now I'm like, all right.

 

1365

00:42:44,628 --> 00:42:45,863

And he goes, you know,

 

1366

00:42:45,863 --> 00:42:46,196

he goes,

 

1367

00:42:46,196 --> 00:42:47,765

I think we'll have another one

 

1368

00:42:47,765 --> 00:42:48,866

in about a month.

 

1369

00:42:48,866 --> 00:42:50,501

I'll give you this section over here.

 

1370

00:42:50,501 --> 00:42:53,037

And I was like, all right, perfect. Yeah.

 

1371

00:42:53,037 --> 00:42:54,038

And I'm just thinking,

 

1372

00:42:54,038 --> 00:42:57,007

all right, 90 days, then we'll start.

 

1373

00:42:57,308 --> 00:42:58,075

No problem.

 

1374

00:42:59,977 --> 00:43:01,845

This is a Monday.

 

1375

00:43:01,845 --> 00:43:04,848

He calls me on Wednesday.

 

1376

00:43:05,382 --> 00:43:06,817

You want me to mail the check

 

1377

00:43:06,817 --> 00:43:09,820

or you won't come pick it up?

 

1378

00:43:10,654 --> 00:43:11,889

I said,

 

1379

00:43:11,889 --> 00:43:14,858

I said, I'll be right over.

 

1380

00:43:15,326 --> 00:43:18,329

He starts laughing.

 

1381

00:43:18,729 --> 00:43:20,464

I am over there.

 

1382

00:43:20,464 --> 00:43:23,467

I mean, ten minutes after this call.

 

1383

00:43:23,667 --> 00:43:26,203

He's like, wow, I guess you're.

 

1384

00:43:26,203 --> 00:43:29,206

I go, you told me 90 days.

 

1385

00:43:29,473 --> 00:43:31,041

He said, listen,

 

1386

00:43:31,041 --> 00:43:34,044

he said, we've had four crews in here

 

1387

00:43:34,545 --> 00:43:35,579

to try to do it

 

1388

00:43:35,579 --> 00:43:37,314

and none of them could do it.

 

1389

00:43:37,314 --> 00:43:39,316

He goes, but you guys pulled it off.

 

1390

00:43:39,316 --> 00:43:40,918

He goes, I don't know how you did it.

 

1391

00:43:40,918 --> 00:43:42,219

I go, we're bowling alley guys.

 

1392

00:43:42,219 --> 00:43:42,820

We're different.

 

1393

00:43:42,820 --> 00:43:45,723

We can we're this is how we.

 

1394

00:43:45,723 --> 00:43:46,757

It's how we roll.

 

1395

00:43:46,757 --> 00:43:49,159

Okay.

 

1396

00:43:49,159 --> 00:43:51,562

And he goes, so

 

1397

00:43:51,562 --> 00:43:54,398

he goes, you know, you guys,

 

1398

00:43:54,398 --> 00:43:55,799

you guys made me look good.

 

1399

00:43:55,799 --> 00:43:57,968

So he goes

 

1400

00:43:57,968 --> 00:43:59,103

all I did was,

 

1401

00:43:59,103 --> 00:44:01,505

I have to get five signatures.

 

1402

00:44:01,505 --> 00:44:01,972

And he goes,

 

1403

00:44:01,972 --> 00:44:04,775

I went to each person's office

 

1404

00:44:04,775 --> 00:44:06,977

and got that signature.

 

1405

00:44:06,977 --> 00:44:07,244

Yeah.

 

1406

00:44:07,244 --> 00:44:07,745

He goes,

 

1407

00:44:07,745 --> 00:44:09,613

he said, so you took care of me,

 

1408

00:44:09,613 --> 00:44:11,448

so I'll take care of you guys.

 

1409

00:44:13,317 --> 00:44:14,385

You imagine that?

 

1410

00:44:14,385 --> 00:44:15,219

So, yeah.

 

1411

00:44:15,219 --> 00:44:16,787

I mean, as soon as you said,

 

1412

00:44:16,787 --> 00:44:19,390

let's do a show on slow pay, I go,

 

1413

00:44:19,390 --> 00:44:20,257

yeah, okay.

 

1414

00:44:20,257 --> 00:44:21,458

I thought it was going to be slow

 

1415

00:44:21,458 --> 00:44:23,260

pay, but.

 

1416

00:44:23,260 --> 00:44:24,228

here's what you should have done

 

1417

00:44:24,228 --> 00:44:25,095

with your partner P.

 

1418

00:44:25,095 --> 00:44:27,331

You should have went to him and said P

 

1419

00:44:27,331 --> 00:44:28,899

when we take a 20% cut,

 

1420

00:44:28,899 --> 00:44:31,869

if they give it to us next week.

 

1421

00:44:33,037 --> 00:44:36,040

000.

 

1422

00:44:38,909 --> 00:44:41,278

Yeah, but Pete had the edge.

 

1423

00:44:41,278 --> 00:44:43,947

All right, Pete?

 

1424

00:44:43,947 --> 00:44:46,950

Yeah.

 

1425

00:44:47,785 --> 00:44:49,620

the other problem is fast payers, you,

 

1426

00:44:49,620 --> 00:44:51,488

I thought you were going to say this.

 

1427

00:44:51,488 --> 00:44:53,390

And this happened to us before. Where?

 

1428

00:44:53,390 --> 00:44:56,160

The guy before the job started.

 

1429

00:44:56,160 --> 00:44:57,494

The job was $10,000.

 

1430

00:44:57,494 --> 00:44:58,495

I remember it to this day.

 

1431

00:44:58,495 --> 00:45:00,197

I could drive to that house.

 

1432

00:45:00,197 --> 00:45:03,200

It was, $10,000.

 

1433

00:45:03,267 --> 00:45:04,168

And,

 

1434

00:45:04,168 --> 00:45:05,269

before we even

 

1435

00:45:05,269 --> 00:45:07,271

got the sander out of the band,

 

1436

00:45:07,271 --> 00:45:10,340

and, he he squatted down on the stairs,

 

1437

00:45:10,607 --> 00:45:11,508

took out

 

1438

00:45:11,508 --> 00:45:13,077

$100 bills and counted out

 

1439

00:45:13,077 --> 00:45:14,478

$10,000 in $100

 

1440

00:45:14,478 --> 00:45:15,512

bills and handed it to me.

 

1441

00:45:16,780 --> 00:45:17,681

Wow.

 

1442

00:45:17,681 --> 00:45:18,515

That's incredible.

 

1443

00:45:18,515 --> 00:45:21,518

First of all, was cash,

 

1444

00:45:21,719 --> 00:45:23,487

Visual

 

1445

00:45:23,487 --> 00:45:24,455

The IRS doesn't

 

1446

00:45:24,455 --> 00:45:26,523

listen to this show anymore.

 

1447

00:45:26,523 --> 00:45:28,792

but,

 

1448

00:45:28,792 --> 00:45:29,326

but you know what?

 

1449

00:45:29,326 --> 00:45:30,294

It wasn't a good thing.

 

1450

00:45:30,294 --> 00:45:32,196

There's something about it.

 

1451

00:45:32,196 --> 00:45:33,397

Just took away all my.

 

1452

00:45:33,397 --> 00:45:34,364

Oh, my reason for

 

1453

00:45:34,364 --> 00:45:35,499

for showing up every day.

 

1454

00:45:35,499 --> 00:45:37,801

You know what I mean?

 

1455

00:45:37,801 --> 00:45:38,869

I, I didn't

 

1456

00:45:38,869 --> 00:45:40,137

I didn't like it as much as I thought

 

1457

00:45:40,137 --> 00:45:40,604

I would.

 

1458

00:45:40,604 --> 00:45:41,739

I mean, you know what I mean?

 

1459

00:45:41,739 --> 00:45:43,507

I've been paid now.

 

1460

00:45:43,507 --> 00:45:46,510

He didn't like $10,000 worth of cash.

 

1461

00:45:46,844 --> 00:45:48,278

You see, you and Pete.

 

1462

00:45:48,278 --> 00:45:49,246

Are you a Peter?

 

1463

00:45:49,246 --> 00:45:51,915

Little alike.

 

1464

00:45:51,915 --> 00:45:54,551

Pete always loved

 

1465

00:45:54,551 --> 00:45:57,554

having money owed.

 

1466

00:45:57,921 --> 00:45:58,922

He.

 

1467

00:45:58,922 --> 00:46:00,190

Yeah. That was.

 

1468

00:46:00,190 --> 00:46:01,658

He loved that.

 

1469

00:46:01,658 --> 00:46:03,427

He he thought that was a good thing.

 

1470

00:46:03,427 --> 00:46:04,995

I was like, nuh

 

1471

00:46:04,995 --> 00:46:06,130

And I never thought

 

1472

00:46:06,130 --> 00:46:06,997

it was a good thing, but

 

1473

00:46:08,632 --> 00:46:09,099

I don't know.

 

1474

00:46:09,099 --> 00:46:09,633

He thought it

 

1475

00:46:09,633 --> 00:46:12,636

was like a savings account or something.

 

1476

00:46:13,036 --> 00:46:14,905

I'll tell another quick one.

 

1477

00:46:14,905 --> 00:46:16,473

Because when you said this,

 

1478

00:46:16,473 --> 00:46:17,875

I was thinking of the burn.

 

1479

00:46:17,875 --> 00:46:19,910

The ones we got burned on.

 

1480

00:46:19,910 --> 00:46:20,277

Pete and

 

1481

00:46:20,277 --> 00:46:22,746

I saying that this huge, huge house

 

1482

00:46:22,746 --> 00:46:25,749

is about 4000ft.

 

1483

00:46:26,316 --> 00:46:29,319

Huge old, old, old house.

 

1484

00:46:29,520 --> 00:46:32,523

And we're,

 

1485

00:46:33,624 --> 00:46:34,992

Getting ready to do the final cut.

 

1486

00:46:34,992 --> 00:46:35,592

And the guy says,

 

1487

00:46:35,592 --> 00:46:38,529

hey, can you hold off a couple days

 

1488

00:46:38,529 --> 00:46:39,429

on the final coat?

 

1489

00:46:39,429 --> 00:46:39,663

He goes,

 

1490

00:46:39,663 --> 00:46:41,165

I just want to do a bunch of painting.

 

1491

00:46:41,165 --> 00:46:42,533

He goes, I'll be really careful

 

1492

00:46:42,533 --> 00:46:44,568

of the floors.

 

1493

00:46:44,568 --> 00:46:45,202

Yeah.

 

1494

00:46:45,202 --> 00:46:47,704

And I'm like, oh yeah, yeah, yeah, no.

 

1495

00:46:47,704 --> 00:46:48,405

No problem.

 

1496

00:46:48,405 --> 00:46:51,141

Don't worry about it.

 

1497

00:46:51,141 --> 00:46:54,144

We go back after three days.

 

1498

00:46:54,678 --> 00:46:57,981

The guy moved halfway across the country.

 

1499

00:47:00,083 --> 00:47:02,886

Didn't pay us to dye.

 

1500

00:47:02,886 --> 00:47:04,855

He moved.

 

1501

00:47:04,855 --> 00:47:07,224

I get there

 

1502

00:47:07,224 --> 00:47:08,258

and there's a guy, like,

 

1503

00:47:08,258 --> 00:47:11,261

doing some stuff in the windows.

 

1504

00:47:11,328 --> 00:47:13,263

Like,

 

1505

00:47:13,263 --> 00:47:13,897

just does.

 

1506

00:47:13,897 --> 00:47:15,232

Something doesn't look right, you know?

 

1507

00:47:15,232 --> 00:47:17,968

And then as I'm walking and I go,

 

1508

00:47:17,968 --> 00:47:19,336

hey, where?

 

1509

00:47:19,336 --> 00:47:20,938

What's going on? What?

 

1510

00:47:20,938 --> 00:47:22,973

He goes, oh, they moved out two days ago.

 

1511

00:47:22,973 --> 00:47:25,242

I go.

 

1512

00:47:25,242 --> 00:47:27,644

What?

 

1513

00:47:27,644 --> 00:47:30,647

He didn't make.

 

1514

00:47:31,181 --> 00:47:32,916

That's brutal.

 

1515

00:47:32,916 --> 00:47:35,819

Moved out.

 

1516

00:47:35,819 --> 00:47:38,822

He owed us a few grand.

 

1517

00:47:38,822 --> 00:47:40,591

Any.

 

1518

00:47:40,591 --> 00:47:41,558

And this was back

 

1519

00:47:41,558 --> 00:47:43,160

when there was no internet.

 

1520

00:47:43,160 --> 00:47:43,627

There was.

 

1521

00:47:43,627 --> 00:47:46,263

You know what I mean?

 

1522

00:47:46,263 --> 00:47:49,266

 

 

1523

00:47:49,533 --> 00:47:50,667

Yeah.

 

1524

00:47:50,667 --> 00:47:52,369

And he was a rich guy, too.

 

1525

00:47:52,369 --> 00:47:53,070

Yeah.

 

1526

00:47:53,070 --> 00:47:56,039

He he he was a rich.

 

1527

00:48:02,312 --> 00:48:02,813

Okay.

 

1528

00:48:02,813 --> 00:48:03,847

The last thing I was going to say on

 

1529

00:48:03,847 --> 00:48:05,449

this is we know the,

 

1530

00:48:05,449 --> 00:48:07,451

that everybody's had this customer.

 

1531

00:48:07,451 --> 00:48:08,185

Where.

 

1532

00:48:08,185 --> 00:48:08,886

Hey, listen,

 

1533

00:48:08,886 --> 00:48:10,888

if you do a great job on this one,

 

1534

00:48:10,888 --> 00:48:12,055

I know this job sucks.

 

1535

00:48:12,055 --> 00:48:12,990

If you do a great job.

 

1536

00:48:12,990 --> 00:48:13,857

And if you can just give us

 

1537

00:48:13,857 --> 00:48:15,659

a really good price on this one,

 

1538

00:48:15,659 --> 00:48:18,295

give us a discount on the next job.

 

1539

00:48:18,295 --> 00:48:19,062

Yeah.

 

1540

00:48:19,062 --> 00:48:20,163

We're going to really

 

1541

00:48:20,163 --> 00:48:20,964

we're going to really,

 

1542

00:48:20,964 --> 00:48:22,332

you know, give you a bunch of jobs

 

1543

00:48:22,332 --> 00:48:24,067

down the road, be blah, blah, blah.

 

1544

00:48:24,067 --> 00:48:25,202

First of all,

 

1545

00:48:25,202 --> 00:48:27,237

I hope no one ever falls for that.

 

1546

00:48:27,237 --> 00:48:29,306

And secondly, if you do,

 

1547

00:48:29,306 --> 00:48:31,041

do you really think

 

1548

00:48:31,041 --> 00:48:31,708

they're going to accept

 

1549

00:48:31,708 --> 00:48:32,609

a higher price now?

 

1550

00:48:33,777 --> 00:48:34,778

Now that they know you'll

 

1551

00:48:34,778 --> 00:48:36,680

do it for this price?

 

1552

00:48:36,680 --> 00:48:38,649

You know what I mean? Yeah.

 

1553

00:48:38,649 --> 00:48:40,117

three bucks a foot,

 

1554

00:48:40,117 --> 00:48:41,251

but next one, no,

 

1555

00:48:41,251 --> 00:48:42,920

you'll do for 375 a foot.

 

1556

00:48:42,920 --> 00:48:44,021

Do you really think they're going to say

 

1557

00:48:44,021 --> 00:48:46,056

okay, 375.

 

1558

00:48:46,056 --> 00:48:48,959

Yes.

 

1559

00:48:48,959 --> 00:48:49,726

Yeah.

 

1560

00:48:49,726 --> 00:48:50,360

We just wanted

 

1561

00:48:50,360 --> 00:48:51,795

to test the waters with you.

 

1562

00:48:51,795 --> 00:48:54,564

Now we'll pay you real money.

 

1563

00:48:54,564 --> 00:48:56,400

the last thing is, sometimes

 

1564

00:48:56,400 --> 00:48:58,235

your biggest customers like that

 

1565

00:48:58,235 --> 00:49:00,003

are not your most profitable customers.

 

1566

00:49:00,003 --> 00:49:00,737

If you're having to make

 

1567

00:49:00,737 --> 00:49:01,705

a lot of concessions

 

1568

00:49:01,705 --> 00:49:03,440

for a different customers.

 

1569

00:49:03,440 --> 00:49:05,008

Like you said,

 

1570

00:49:05,008 --> 00:49:07,244

you can pay us later, 90 days later,

 

1571

00:49:07,244 --> 00:49:08,679

or we'll do this for free

 

1572

00:49:08,679 --> 00:49:10,280

or discount this, or we'll throw in

 

1573

00:49:10,280 --> 00:49:12,649

is because they're big, big customers.

 

1574

00:49:12,649 --> 00:49:13,417

At the end of the day,

 

1575

00:49:13,417 --> 00:49:14,484

sometimes those are not

 

1576

00:49:14,484 --> 00:49:15,385

your best customers,

 

1577

00:49:15,385 --> 00:49:17,788

not your most profitable customers.

 

1578

00:49:17,788 --> 00:49:19,022

So when you sit down

 

1579

00:49:19,022 --> 00:49:20,057

and look at those, sometimes

 

1580

00:49:20,057 --> 00:49:21,959

that's not maybe the

 

1581

00:49:21,959 --> 00:49:22,859

the direction

 

1582

00:49:22,859 --> 00:49:24,928

that is best for your company.

 

1583

00:49:24,928 --> 00:49:26,229

Or at least analyze

 

1584

00:49:26,229 --> 00:49:27,764

that and realize that, okay,

 

1585

00:49:27,764 --> 00:49:28,865

we gotta make a change.

 

1586

00:49:28,865 --> 00:49:29,833

We can't treat these guys

 

1587

00:49:29,833 --> 00:49:32,035

so special because blah blah, blah.

 

1588

00:49:32,035 --> 00:49:33,170

So,

 

1589

00:49:33,170 --> 00:49:33,937

all right,

 

1590

00:49:33,937 --> 00:49:36,273

and I think the most important thing,

 

1591

00:49:36,273 --> 00:49:36,506

you know,

 

1592

00:49:36,506 --> 00:49:38,008

we also talk about, you know,

 

1593

00:49:38,008 --> 00:49:40,310

everybody has a, a radar detector.

 

1594

00:49:40,310 --> 00:49:41,812

I called mine, a

 

1595

00:49:41,812 --> 00:49:43,380

different name detector.

 

1596

00:49:47,150 --> 00:49:48,452

there's red flags that go up,

 

1597

00:49:48,452 --> 00:49:50,220

and you got to kind of get it.

 

1598

00:49:50,220 --> 00:49:51,221

Don't

 

1599

00:49:51,221 --> 00:49:53,557

fool me once, you know that's on you.

 

1600

00:49:53,557 --> 00:49:54,491

But you fool me twice.

 

1601

00:49:54,491 --> 00:49:56,326

It's now starting to be on me.

 

1602

00:49:56,326 --> 00:49:58,428

So can I to read the red flags

 

1603

00:49:58,428 --> 00:50:00,097

about your customers

 

1604

00:50:00,097 --> 00:50:03,967

and, a contract is a must.

 

1605

00:50:04,701 --> 00:50:05,869

As one lady told me.

 

1606

00:50:05,869 --> 00:50:08,305

I wish I could remember her name.

 

1607

00:50:08,305 --> 00:50:08,805

You know,

 

1608

00:50:08,805 --> 00:50:11,341

handshakes are great for introductions,

 

1609

00:50:11,341 --> 00:50:13,477

but after that, I want a contract.

 

1610

00:50:13,477 --> 00:50:16,213

And no truer words were ever spoken.

 

1611

00:50:16,213 --> 00:50:18,749

I don't care how good you think you are,

 

1612

00:50:18,749 --> 00:50:19,950

because it's not about you.

 

1613

00:50:19,950 --> 00:50:21,284

It's about them.

 

1614

00:50:21,284 --> 00:50:22,619

And also,

 

1615

00:50:22,619 --> 00:50:23,653

what you're not going to do

 

1616

00:50:23,653 --> 00:50:24,454

in the contract

 

1617

00:50:24,454 --> 00:50:25,756

sometimes is just as important

 

1618

00:50:25,756 --> 00:50:26,890

as what you are going to do

 

1619

00:50:26,890 --> 00:50:28,258

in the contract.

 

1620

00:50:28,258 --> 00:50:29,860

You know, taking pictures of jobs

 

1621

00:50:29,860 --> 00:50:31,595

or of things on the job that are broken

 

1622

00:50:31,595 --> 00:50:32,596

before you get there, before

 

1623

00:50:32,596 --> 00:50:33,497

you start the job and,

 

1624

00:50:33,497 --> 00:50:35,332

you know, document those type of things,

 

1625

00:50:35,332 --> 00:50:39,369

all these type of things help you,

 

1626

00:50:39,369 --> 00:50:40,604

stay out of trouble and keep

 

1627

00:50:40,604 --> 00:50:42,272

And it's so easy

 

1628

00:50:42,272 --> 00:50:43,573

to do that kind of stuff.

 

1629

00:50:43,573 --> 00:50:45,809

Now. Way, way easier than ever.

 

1630

00:50:45,809 --> 00:50:47,544

I mean,

 

1631

00:50:47,544 --> 00:50:47,944

you know,

 

1632

00:50:47,944 --> 00:50:49,646

I don't know how many times we did

 

1633

00:50:49,646 --> 00:50:50,480

kitchens, and.

 

1634

00:50:50,480 --> 00:50:51,915

Hey, you scratch this,

 

1635

00:50:51,915 --> 00:50:53,617

and I'm like, no, that scratch was there,

 

1636

00:50:54,651 --> 00:50:56,286

but we didn't have cell phones.

 

1637

00:50:56,286 --> 00:50:57,854

You know what I mean?

 

1638

00:50:57,854 --> 00:50:58,655

Especially you,

 

1639

00:50:58,655 --> 00:51:00,657

you know, back in the day, you had that,

 

1640

00:51:00,657 --> 00:51:01,591

that thing you would hold

 

1641

00:51:01,591 --> 00:51:02,526

with the gunpowder

 

1642

00:51:02,526 --> 00:51:04,628

and the big poof in the.

 

1643

00:51:04,628 --> 00:51:05,128

You you know,

 

1644

00:51:05,128 --> 00:51:05,662

it was tough

 

1645

00:51:05,662 --> 00:51:07,764

to use those type of cameras.

 

1646

00:51:07,764 --> 00:51:09,032

You know what I mean?

 

1647

00:51:09,032 --> 00:51:10,400

Yeah. Yeah.

 

1648

00:51:10,400 --> 00:51:12,903

But now it's so easy to document stuff

 

1649

00:51:12,903 --> 00:51:14,271

and take pictures of the stuff

 

1650

00:51:14,271 --> 00:51:16,440

and the sad thing is

 

1651

00:51:16,440 --> 00:51:19,309

you have to though, because

 

1652

00:51:19,309 --> 00:51:21,611

there's just.

 

1653

00:51:21,611 --> 00:51:23,080

people have been here

 

1654

00:51:23,080 --> 00:51:24,448

like, and I remember a kitchen

 

1655

00:51:24,448 --> 00:51:25,715

that along the, along the,

 

1656

00:51:25,715 --> 00:51:27,250

the cabinets had like a scuffle

 

1657

00:51:27,250 --> 00:51:29,086

on the cabinet. Okay.

 

1658

00:51:29,086 --> 00:51:30,253

So all right whatever.

 

1659

00:51:30,253 --> 00:51:31,088

We in the cab there

 

1660

00:51:31,088 --> 00:51:31,721

then we think we're

 

1661

00:51:31,721 --> 00:51:33,523

on a great mood here in cab, whatever.

 

1662

00:51:33,523 --> 00:51:35,826

And then you get blamed for that scuff.

 

1663

00:51:35,826 --> 00:51:37,594

So must have been the edge. You're right.

 

1664

00:51:37,594 --> 00:51:38,595

So you bring out the heads,

 

1665

00:51:38,595 --> 00:51:39,863

you're like, look, no part of this,

 

1666

00:51:39,863 --> 00:51:41,398

Ed, your hits that

 

1667

00:51:41,398 --> 00:51:43,667

that's that it was there.

 

1668

00:51:43,667 --> 00:51:44,000

Right.

 

1669

00:51:45,569 --> 00:51:46,269

Yeah.

 

1670

00:51:46,269 --> 00:51:46,837

Well, they were

 

1671

00:51:46,837 --> 00:51:48,872

never looking down because they were

 

1672

00:51:48,872 --> 00:51:50,907

they didn't looked at their ready floor.

 

1673

00:51:50,907 --> 00:51:51,741

Now we're in there

 

1674

00:51:51,741 --> 00:51:53,376

and everything's beautiful.

 

1675

00:51:53,376 --> 00:51:55,112

And now they're seeing stuff that they.

 

1676

00:51:55,112 --> 00:51:56,980

Yeah, you know, nothing.

 

1677

00:51:56,980 --> 00:51:58,882

You know a bomb does

 

1678

00:51:58,882 --> 00:52:01,351

bomb will Google customers.

 

1679

00:52:01,351 --> 00:52:03,620

He'll search.

 

1680

00:52:03,620 --> 00:52:05,155

He'll search him out

 

1681

00:52:05,155 --> 00:52:08,758

and just find out as much information.

 

1682

00:52:08,925 --> 00:52:11,328

And you know, if you think about it,

 

1683

00:52:11,328 --> 00:52:13,497

it's not that hard to do things like that

 

1684

00:52:13,497 --> 00:52:14,664

anymore.

 

1685

00:52:14,664 --> 00:52:17,868

You know, between Facebook and, LinkedIn

 

1686

00:52:17,868 --> 00:52:19,269

and things like that.

 

1687

00:52:19,269 --> 00:52:22,606

Yeah, he kind of knows the people he's

 

1688

00:52:22,606 --> 00:52:23,940

working for.

 

1689

00:52:23,940 --> 00:52:25,275

You know something.

 

1690

00:52:25,275 --> 00:52:26,643

Yesterday

 

1691

00:52:26,643 --> 00:52:29,312

I googled my old address in California

 

1692

00:52:29,312 --> 00:52:31,114

okay. Where we lived.

 

1693

00:52:31,114 --> 00:52:33,350

Just googled the address.

 

1694

00:52:33,350 --> 00:52:35,318

My name came up, Judy's

 

1695

00:52:35,318 --> 00:52:38,788

name came up her her occupation came up.

 

1696

00:52:39,723 --> 00:52:42,058

Our both our phone numbers came up.

 

1697

00:52:42,058 --> 00:52:44,761

Wow. That's scary.

 

1698

00:52:44,761 --> 00:52:47,531

And then,

 

1699

00:52:47,531 --> 00:52:49,533

then the house went up by $300,000,

 

1700

00:52:49,533 --> 00:52:52,536

which, you know, there's a little bit to,

 

1701

00:52:56,039 --> 00:52:57,240

I said, Judy, we gotta move.

 

1702

00:52:57,240 --> 00:52:57,908

It's never gonna be worth

 

1703

00:52:57,908 --> 00:52:59,309

any more than this.

 

1704

00:52:59,309 --> 00:53:02,312

We gotta

 

1705

00:53:06,783 --> 00:53:07,984

All right, so that's it.

 

1706

00:53:07,984 --> 00:53:08,885

I just thought that would

 

1707

00:53:08,885 --> 00:53:10,554

be, slow paying customers.

 

1708

00:53:10,554 --> 00:53:13,557

I think it would be a good topic.

 

1709

00:53:13,590 --> 00:53:15,025

What it does, through your

 

1710

00:53:15,025 --> 00:53:15,926

through your businesses

 

1711

00:53:15,926 --> 00:53:17,194

and what have you.

 

1712

00:53:17,194 --> 00:53:18,361

So. Hey, they.

 

1713

00:53:18,361 --> 00:53:19,496

For people listening,

 

1714

00:53:19,496 --> 00:53:21,231

send us in a couple of war stories.

 

1715

00:53:21,231 --> 00:53:22,632

 

 

1716

00:53:22,632 --> 00:53:24,467

Sometimes you got to get them off

 

1717

00:53:24,467 --> 00:53:25,468

your chest.

 

1718

00:53:25,468 --> 00:53:25,735

yeah.

 

1719

00:53:25,735 --> 00:53:28,171

If you give us a good one, we'll read it.

 

1720

00:53:28,171 --> 00:53:30,173

All right,

 

1721

00:53:30,173 --> 00:53:30,507

all right.

 

1722

00:53:30,507 --> 00:53:31,107

There you go.

 

1723

00:53:31,107 --> 00:53:32,309

So thank you for listening.

 

1724

00:53:32,309 --> 00:53:34,411

Listen, listen, to our listeners,

 

1725

00:53:34,411 --> 00:53:35,345

we really appreciate it.

 

1726

00:53:35,345 --> 00:53:37,514

Around the world and around the globe.

 

1727

00:53:37,514 --> 00:53:37,948

I know it's

 

1728

00:53:37,948 --> 00:53:39,382

translated into about 17

 

1729

00:53:39,382 --> 00:53:40,250

different languages,

 

1730

00:53:40,250 --> 00:53:41,751

so I hope that the translations,

 

1731

00:53:41,751 --> 00:53:44,020

you know, work out.

 

1732

00:53:44,020 --> 00:53:45,388

And, other than that,

 

1733

00:53:45,388 --> 00:53:46,289

thanks for listening.

 

1734

00:53:46,289 --> 00:53:47,757

It's been another episode of On the Floor

 

1735

00:53:47,757 --> 00:53:49,459

with Wayne and Rob.

 

1736

00:53:49,459 --> 00:53:50,927

Please stay tuned for another episode.