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New Message Board Archives >> 2007 General Board Posts >> Million dollar project
(Message started by: jimmers on Mar 17th, 2007, 9:05am)

Title: Million dollar project
Post by jimmers on Mar 17th, 2007, 9:05am
I just estimated my first million dollar project, wish me luck! If I land this baby, I will have doubled my sales quota, and along with the other projects I have sold already it will be tripled.

If I do get this one, I'll think I'll cruise the rest of the year 8)

Jimmers

Title: Re: Million dollar project
Post by Brewcrew on Mar 17th, 2007, 10:41am
I'll be praying for you to land this one, Jimmers.

Then maybe we'll be able to get together for lunch.

And it'll be your treat. ;;D

Title: Re: Million dollar project
Post by nani on Mar 17th, 2007, 10:45am
Fingers crossed, Jimmers. If you get it, you'll have to buy me a drink in Richmond. Don't worry...it'll be cheap... I don't drink anything but water and colas.  ;)

Title: Re: Million dollar project
Post by minnie on Mar 17th, 2007, 1:23pm
 I'll be pulling for ya Jimmers.
;)

Minnie

Title: Re: Million dollar project
Post by Sandy_C on Mar 17th, 2007, 2:08pm
Fingers, toes, eyes, anything I can cross is crossed for ya!

Good luck.

Sandy

Title: Re: Million dollar project
Post by taraann on Mar 17th, 2007, 5:34pm
WIshing you HUGE luck!!!!!!!

Title: Re: Million dollar project
Post by Guiseppi on Mar 17th, 2007, 5:40pm
Fingers crossed cuz I'm thinking the bar tab in Richmond is about covered!!!

Guiseppi

Title: Re: Million dollar project
Post by ClusterChuck on Mar 17th, 2007, 7:23pm
Hmmm ... another one to help with the bar tab ... Jonny usually covers the most .. And I know I have paid a small fortune in covering the tab at times ... LOL ...

GOOD LUCK, buddy!!!

Chuck

Title: Re: Million dollar project
Post by Charlie on Mar 17th, 2007, 9:32pm
Capitalist!

Good luck Jimmers

Charlie

Title: Re: Million dollar project
Post by jimmers on Mar 17th, 2007, 10:21pm
Fingers, toes, eyes, keep everything crossed but the legs [smiley=laugh.gif]

Thanks all,

Jimmers

Title: Re: Million dollar project
Post by DonnaHar on Mar 17th, 2007, 11:32pm
Lots of luck to you. It actually takes more than luck..Hope you underbid your competitors but still make a profit.

What line are you in?

Title: Re: Million dollar project
Post by jimmers on Mar 18th, 2007, 8:53am
I am in designing and estimating communications network cabling i.e. voice, data (Cat5 &6) and fiber optic networks. Also security systems, fire alarm and a host of other things.

If your phone or network connection doesn't work, I'm the guy to call, $68 per hour should handle it ;;D

Jimmers

Title: Re: Million dollar project
Post by Melissa on Mar 18th, 2007, 9:56am
Good luck to you Jimmers!!!

:)mel

Title: Re: Million dollar project
Post by jimmers on Mar 21st, 2007, 7:15pm
Thank you to everyone who kept something crossed. I lost this bid by 20% Un Ba Freekin Believable! Oh well, time to move on and find other work to keep my people busy. No harm, no foul!

Seeya,

Jimmers

Title: Re: Million dollar project
Post by DonnaHar on Mar 21st, 2007, 7:49pm
I know how this sucks!  They'll get what they pay for tho.  Did an out of town company get the job?

Title: Re: Million dollar project
Post by Brewcrew on Mar 21st, 2007, 7:55pm
Sux, dude. Big time.

We'll still do lunch. It's on me. You can reciprocate when you land that one that's just around the corner.

Title: Re: Million dollar project
Post by Redd on Mar 21st, 2007, 8:01pm
Hey Jimmers I'm sorry to hear this...seems to be a strange flux in the universal energy since the Winter solstice.  Probably is going to take till the Summer solstice for it to right itself again.

Just my 2 cents.

Title: Re: Million dollar project
Post by chewy on Mar 21st, 2007, 8:15pm
Was it the three bid process?

I'll bet my bottom dollar that one bid was in your ball park and the -20% bid was starving for work.

You get what you pay for. A bid 20% under would raise a lot of questions to be answered before I would consider it.


Title: Re: Million dollar project
Post by minnie on Mar 21st, 2007, 8:21pm
:(     :(

 Sorry to hear you got underbidded.I think something better will come your way.(minnie crosses fingers and sends vibes)As stated before you get what you pay for and 20% under your bid wonder how many important corners will be cut.Just keep doing what your doing reasonable bids and great work will get around .people will be willing to go with a company with a good reputation even if not the lowest bid.hoping you find some great jobs soon.
 Minnie

p.s.  ask Jonny when people want a good shiney made the go to the best.(you know what I mean ;)  ) we've all seen Jonnys work and he gets paid well for it and rightly so.Jonny built his business on good solid talent and you will do the same for your buiness by hard work.

Title: Re: Million dollar project
Post by Jonny on Mar 21st, 2007, 8:31pm

on 03/21/07 at 20:21:25, minnie wrote:
p.s.  ask Jonny when people want a good shiney made the go to the best.(you know what I mean ;)  ) we've all seen Jonnys work and he gets paid well for it and rightly so.Jonny built his business on good solid talent and you will do the same for your buiness by hard work.


Thanks Minnie, but looking at a picture of my work is one thing..........Jim has to show his on paper.

Jim knows that if he comes in to low they will ask why.......always bid what your worth, Jimmers!!!!

You know that ;;D

Title: Re: Million dollar project
Post by chewy on Mar 22nd, 2007, 6:49am

Quote:
Jim has to show his on paper.


Putting a bid in the fax machine is one thing.

The shineys keep jamming it up.

Title: Re: Million dollar project
Post by jimmers on Mar 22nd, 2007, 9:10am
Chewy is right. Three bids, two in the same ballpark and one really low. I feel sorry for them because it is a pretty rock solid project specification. I know because I've been reading them for 22 years.  There won't be any unforseen conditions that they can use to write up change order after change order (Which a lot of companies do) and the $'s add up very quickly which allows for most low ball estimates to actually become profitable.

Another thing is, we are doing all of the electrical work, and how much cooperation does a scab cabling contractor think its going to get from us when they have to work side by side? It should actually be pretty funny ;;D

Fuggemall,

Jimmers

Title: Re: Million dollar project
Post by georgej on Mar 22nd, 2007, 9:31am

on 03/22/07 at 09:10:28, jimmers wrote:
Chewy is right. Three bids, two in the same ballpark and one really low.


EJ's company does a lot of contract bid work.  They run into this situation pretty frequently.  What happens, more often than not, is that the client ends up with a substandard product that doesn't meet specifications, and they can't use it.  Two or three years later, they put it out for bid again.  At least part of the time, EJ's company then gets the new contract.

Pay me now, or pay me later.    
;)

Best,

George

Title: Re: Million dollar project
Post by chewy on Mar 22nd, 2007, 12:51pm
Its easy to take on a bunch of complimentaries to the Scope of Work and make it look good.

The real question is wether a guy that comes in 20% under eveyone else can even accomplish the Scope of Work.



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