Business of Architecture Podcast cover image

Business of Architecture Podcast

514: Give Me My F*ing Money Part I with Enoch Sears & Rion Willard

Feb 26, 2024
Architects Enoch Sears and Rion Willard discuss the taboo topic of late payments in the architecture industry, sharing personal anecdotes and insights. They explore the impact of delayed payments on relationships, self-worth, and creativity, offering solutions and strategies for navigating financial challenges. Tune in to learn how to turn payment struggles into opportunities for strengthening client relationships and ensuring timely compensation.
34:46

Podcast summary created with Snipd AI

Quick takeaways

  • Late payments impact cash flow and stress architects, prompting avoidance and resentment towards clients.
  • Architects should demand timely compensation, improve negotiation skills, and maintain professionalism to enhance financial stability.

Deep dives

The Impact of Late Payments on Cash Flow and Stress Levels

Late payments in the architecture industry can severely impact cash flow and increase stress levels for firms. When clients delay payments, it can affect the ability to make payroll, leading to financial strain. Clients leveraging their risk on architects like banks without paying interest is a common occurrence, showing a lack of respect for the architect's services.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode