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Podcast: 21 Hats Podcast
Episode: That Would Put Me Out of Business
Description: This week, in episode 184, Mel Gravely, Liz Picarazzi, and Jaci Russo talk about how they set prices. Jaci explains why she refuses to respond to requests for proposals. βWe have not participated in a single RFP in 15 years,β she says, βand we wonβt under my watch.β Mel explains how his construction company manages to get work despite always being among the highest-priced bidders (which is why he never gets government jobs). And Liz tells us what happened when she was forced to raise prices because of the tariffs placed on goods manufactured in China. But first, she tells us what sheβs...