Chris & Jose talk about how to estimate & bid projects.
Confidence Episode:
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Annotations
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1:44 You’re going to hurt yourself if you’re not comfortable talking about money.
2:35 If you’re not comfortable talking about pricing, you can use a proxy.
3:30 Face your fears, but be aware of what level of project that you are comfortable bidding on.
5:39 Q: How to know if you are underbidding?
7:00 Four things to consider when estimating a project bid
9:06 Q: How to ask if you are the third bid?
11:57 Types of Estimates
17:03 Calculate your bid based on the number of employees that they have.
17:40 Q: What are the ranges that shops charge for hourly?
22:06 Example Project Bid Estimate Breakdown
25:15 Law of Contrast (Soft Close)
28:10 Q: Should anything else be covered in the estimate besides time and materials?
30:00 Your relationship that you have with the client matters most
31:37 Defeat cost consultants by Obfuscating the bid.
34:50 By carefully drawing boundaries of who to work with, you’ll get less friction with your bids
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