R
Ryan Springer
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APPEARANCES
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Jun 27, 2026
Founder + Funder: Alex Michaelsen of Leisure Hydration and Ryan Springer of Midnight on Fundraising, Retail Growth, and Building a Modern Hydration Brand
38:06
38:19
38:27

Ryan SpringerGUEST
I think one of my favorite quotes to like humble myself and our team was this old text that you'd made a ton of money and like energy.

Ryan SpringerGUEST
And I said like, what's the biggest mistake founders make? And what are the best kinds of mistakes And I loved his answer.

Ryan SpringerGUEST
And there are people disagree, but he was like, I'm like, if value add investors are the best kind of investors.
6 MINS LATER
A
44:30Alex MichaelsenGUEST
It's like it's the people it's showing other factors than getting to an exact number.
#162 Subcontractor Success Strategies
3:38
3:53
3:57
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4:30
5:46

Ryan SpringerGUEST
I will say, in the last year, year and a half or so, the legwork of reviewing a large, giant, onerous contract is all of a sudden a lot easier when you feed it in to Copilot or ChatGPT.

Ryan SpringerGUEST
And the best subcontractors out there are doing that themselves and coming to us now with questions.

Ryan SpringerGUEST
Oh, what can I do about this, right? Or there's this soldier on clause where they can stop paying me, but I have to do the work.

Ryan SpringerGUEST
Is there anything I can do? Sometimes, especially if it's more of a niche subcontractor and best in class, they might be able to negotiate that, right? Other subcontractors don't have that amount of leverage with the large GCs, so they just need to go in with their eyes open.

Ryan SpringerGUEST
And what we tell them is, know what's out there and understand the large GCs are going to do a very good job of documenting everything about that project.

Ryan SpringerGUEST
You need to do the same, and you need to really make sure you're following that contract, the T, as far as notice requirements and things like that.

Rocky PofahlGUEST
They're paying extra money for these subcontractors to do it, the best-of-class contractors.