Today in their 150th show, broadcast on Nicola’s 56th birthday, the topic of Client Challenge of the Week returns to what to do when you don’t get paid by your clients. Nicola and Judith discuss how it can make you feel and what to do about it, including ditching those bad feelings of dread and lack.
In the Show…
There is much excitement in Stoupa where this week they are celebrating the 100th anniversary of the author of Zorba the Greek, Nikos Kazantzakis, coming to live in Stoupa on Kalogria Beach where there is much excitement this week with a three village dance-off!
And Judith is having an anniversary of her own. It is a year since she moved over to a low-carb lifestyle, breaking her lifelong addiction to carbs to beneficial effect including (but not limited to) five stone lost forever.
Client Challenge of the Week
The podcast returns to the perpetual challenge of getting your bills paid on time and what to do when you don’t get paid. This is precisely why Judith sold her accounting business in 1997 because the clients didn’t pay on time and she tired of it. Poor payment from the client side can denote either a badly run business or wobbly cashflow or both, and it definitely denotes a lack of values in as far as you’ve done your part of the contract, the work, now you deserve to be paid for it reliably and on time too. But, as Nicola often reminds the listeners, this always happens in the absence of a good conversation with your client/payer, and no-one likes to do that so we swerve it, stacking up problems for ourselves further down the line. Make sure your client knows your terms from the get-go and that you will be enforcing them rigidly. One more tip: take the emotion out of it. This is business.