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Modern Craftsman

391 Stop Over-Explaining Your Price

Modern Craftsman

Modern Craftsman

Entrepreneurship, Education, Business, Self-improvement

4.81.2K Ratings

🗓️ 1 February 2026

⏱️ 66 minutes

🧾️ Download transcript

Summary

Money talks go sideways when you dodge the hard numbers, over-explain, or anchor too low just to "get the job." Nick and Tyler break down how to lead with value and process, set a baseline early, and keep financial touchpoints steady so surprises don't blow up trust.

Show Notes:
00:00:00 General contractors money talk
00:04:31 The $25K toilet problem
00:06:21 Confidence comes from numbers
00:09:26 Change orders set early
00:17:39 Stop over-explaining price
00:23:51 Qualify the client fast
00:29:31 "White glove" expectations
00:35:18 Baseline pricing strategy
00:59:13 Regular budget check-ins
01:03:01 Deliver bad news live
01:05:20 Wrap and takeaway

 

Video Version:
https://youtu.be/-SpPAL9xIes

Partners: 

Harnish Workwear 

Use code H1025 and get 10% off their H-label gear

 

Transcript

Click on a timestamp to play from that location

0:00.0

No, I can't renegotiate my general conditions or how I staff the job and deliver you the experience that you expect.

0:08.8

Let's talk about money, Tyler.

0:11.0

Who doesn't love talking about money?

0:14.2

You know?

0:15.3

Clients.

0:16.3

I feel like most people actually don't enjoy talking about it.

0:19.0

When money's good, everyone loves talking about money, but when it's not.

0:22.1

Money is bad.

0:22.8

It's like, I don't want to talk about it.

0:25.0

But the truth is, at least in my experience, to have a successful interaction or experience with clients,

0:32.8

you need to maintain that financial conversation throughout the duration of a job in order to have a

0:40.2

successful experience in my point so today we're going to be talking about when you

0:45.6

should be I guess having the conversation with regard to money to what extent

0:51.9

and how often you should manage that conversation.

0:56.0

Let's do it.

0:59.0

Before we get into it, shout out to Harnish.

1:03.1

I'm not, I'm going to just, I shared this in my story the other day.

1:07.0

It's snowing in Boston, a ton of snow, freezing cold, like coldest it's ever been. Meg's like, let's go outside with the kids. I'm like, no, no, no, nope, nope, you, you've been doing your thing all day. I've had, I have a plan. I'm going to bring them sledding tomorrow, taking the day off, we're going sledding, we're going to get a hot chocolate. Let's just go out right now I'm like nope it's cold it's freezing it's snow like it is mid like mid

1:32.8

blizzard and negative degrees out it'll be fine okay all right let's get it let's let's

1:41.6

bundle them up bundle them all up I don't have my, I don't,

1:45.8

I don't even know if I have snow pants, to be honest, but I put my harness pants on. I get outside. It's freezing, but I'm warm. But my two-year-old, I mean, my, yeah, two, I was going to say he's three. He's almost three. My two-year-old was not having it.

2:03.1

And I'm like, all I'm sitting there, and he's like, it's cold, it's cold. He's got a full, full snowsuit on, full snow suit on, full snow suit. And I'm like, I got to do a story because I'm, I'm like, I don't even have long johns. I just simply just have the harness pants on.

...

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