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Embrace Systematic Bidding

0:06
6:37
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At 0:06 in

How To Bid Mulch

What happens here

The video begins by distinguishing between an intuitive "lick and stick" approach to job estimation and a systematic, formula-based method. The presenter argues that while the "lick and stick" approach might work for very small companies, sustained growth and consistency require a standardized system. This system allows different employees to arrive at identical, accurate estimates, fostering scalability and transferability of knowledge within the organization. This foundational understanding is crucial before delving into specific calculations.

Goal: Recognize the necessity of a standardized and systematic bidding process for business growth.

What they say

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I'm going to help you learn how to bid mulch but more importantly than how to bid mulch I'm going to teach you why you need to learn how to bid mulch what I'm really talking about is the difference between a systematic approach to bidding jobs and what I call the lick and stick approach the lick and stick approach is where you kind of look at a job you squint your eye a little bit you lick your thumb and you hold it up you go oh I think that project is going to cost about that in the beginning stages of a company that actually works but as your company grows you have to have some way of transferring your knowledge to the people that work within your organization for instance do you actually think there's five and ten million dollar companies in existence today that use the lincoln stick approach or do you think they have a systemized way that allows other people within the office to come up with the exact same numbers as everyone else so they're all on the same page that's what we're going to talk about today and I'm going to give you those numbers I'm going to walk you through the process and we're gonna start with mulch mulch is something that you may come across but there is a way to define how you bid it so get ready because we're gonna work on about bidding mulch we're going to

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