A contractor was trapped in a non-terminable contract with no cash flow and rumors of collapse. The speaker negotiated him out of it with formal letters and got the contractor paid, making a huge profit in the process.
Chapters
The most money I ever made came from this guy. He said, I will pay you whatever you want to help me get out of this contract. He knew that the main contractor was going under. There was rumors everywhere that there was massive financial issues, but the contract he signed didn't have a way for him to terminate the contract. He already hadn't been paid one month, so he was paid, all his guys had done work, he had just not got any money in the door. Cash flow was really bad. He knew that if he took another month of that on, he was going to get into massive trouble. So we devised the strategy contractually, letters, all of that good stuff, and we're able to get him out of the contract.