I Lost a Big Post-Construction Contract
I was invited to bid on a large post-construction cleaning project, so I did what I always do, I quoted the job based on the actual scope of work.
The client came back and said my quote was too high.
For a moment, I questioned myself. Should I have lowered my price just to win the contract? Should I have accepted a job that barely made any profit just so I could say I landed a big project?
As business owners, these moments are tough.
But then I reminded myself that my pricing isn't just about me. I have cleaners to pay, insurance, equipment, supplies, transportation, and other business expenses. If I keep underpricing just to win every job, I'm not building a sustainable business, I'm building stress.
I'll admit, losing that contract hurt. I still wonder if I should have bent a little.
But deep down, I believe I made the right decision.
Not every contract is meant for me, and I refuse to build my business by undervaluing my work. The right clients will appreciate quality and pay for it.
What would you have done in my position?
Would you lower your price to win a major contract, or stand by your value and wait for the right opportunity?
I'd genuinely love to hear your thoughts. Share them in the comments.