WTW012 What's the worst that can happen to Richard Woods of Million Dollar Sprint?

Today on the podcast, Suzanne speaks with Richard Woods, former finalist on the hit TV series The Apprentice and founder of the Million Dollar Sprint, a growth accelerator for expert businesses. 

 

Richard talks about his experience of pursuing debts in the small claims court and why he would always recommend avoiding that process at all costs by having watertight contracts in place that get you paid in full and on time, especially pertinent at the moment in these uncertain times.  If you’re currently having problems getting your invoices paid, or if you're considering that you might take somebody to the small claims court, then this is an episode to listen to. 

 

Of course, no episode would be complete without talking about the worst-case scenario that could happen in Richards' business which he considers to be non-payers.   Suzanne also gives her opinion on what could be Richard’s worst-case scenario, which is what would happen if something happened to Richard being the face and the main trainer of the accelerator that he's running. So, if you’re also the face of your business and providing most of the delivery, this episode will prove insightful and thought provoking.   

 

Richard also shares some behind the scenes stories about what it’s really like to be on The Apprentice, facing Alan Sugar across the boardroom table doing your utmost to dodge those immortal words “You’re fired!”…

 

In this episode:

[4:43] Suzanne asks Richard about his experience in starting a business directly out of university on a graduate loan and what it was like building an import business in his early 20’s.

[8:40] Richard shares his experience of the small claims court, and why having a well thought out and properly worded contract can save a lot of time, money, and avoid court altogether.

[18:33] Richard shares his takeaways from having clients avoid payment, and what his contracts have in place to avoid that in the future.

[23:43] Suzanne spells out the worst that could happen in the Million Dollar Sprint if Richard fell ill and could no longer deliver on a commitment. She also shares how to fortify yourself against any similar situation in your own business.

[34:01] Richard talks about what it was like to be on The Apprentice, and shares some behind the scenes information about sets, scheduling, and how not to stand out at the interviews.

 

To make sure you have all YOUR business legal protections in place easily and affordably – including watertight contracts as Richard recommends – then join Suzanne’s Savvy Shay Business Club TODAY for just £47 (plus vat) per month instead of £97 (plus vat).  A SAVING OF £50 per month and peace of mind that you won’t need to head to the small claims court!

 

Click here for more information.  Offer ends midnight Friday, 29th April 2022

Learn about Richard

https://www.milliondollarsprint.com

 

Find the resources mentioned in this episode!

www.suzannedibble.com/podcastresources

 

The contents of this podcast are provided for information purposes only and are not intended to amount to advice. You should not rely on any of the contents of this podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of this podcast. Suzanne Dibble and Niche Legal Solutions Limited disclaim all liability and responsibility arising from any reliance placed on any of the contents of this podcast (other than in relation to matters for which is not legally permissible to disclaim liability)

 

In This Episode:

[4:43] Suzanne Asks Richard about his experience in starting a business directly out of university on a graduate loan and what it was like building an import business in his early 20’s.

[8:40] Richard shares his experience with small claims court, and why having a well thought out and properly worded contract can save a lot of time, money, and avoid court altogether.

[18:33] Richard shares his takeaways from having clients avoid payment, and what his contracts have in place to avoid that in the future.

[23:43] Suzanne spells out the worst that could happen in the Million Dollar Sprint if Richard fell ill and could no longer deliver on a commitment. She also shares how to fortify yourself against any similar situation in your own business.

[34:01] Richard talks about what it was like to be on The Apprentice, and shares some behind the scenes information about sets, scheduling, and how not to stand out at the interviews.

 

Check out the Savvy Shay Membership Special Offer:

(Link)

 

Learn about Richard

https://www.milliondollarsprint.com

 

Find the resources mentioned in this episode!

www.suzannedibble.com/podcastresources

 

The contents of this podcast are provided for information purposes only and are not intended to amount to advice. You should not rely on any of the contents of this podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of this podcast. Suzanne Dibble and Niche Legal Solutions Limited disclaim all liability and responsibility arising from any reliance placed on any of the contents of this podcast (other than in relation to matters for which is not legally permissible to disclaim liability)