Ready, Set, Procure! The Podcast

Ready, Set, Procure! The Podcast (Tucker Tidbits) Episode 3

November 10, 2022 Yolanda M. Tucker, MBA CTL Season 1 Episode 3
Ready, Set, Procure! The Podcast (Tucker Tidbits) Episode 3
Ready, Set, Procure! The Podcast
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Ready, Set, Procure! The Podcast
Ready, Set, Procure! The Podcast (Tucker Tidbits) Episode 3
Nov 10, 2022 Season 1 Episode 3
Yolanda M. Tucker, MBA CTL

Yolanda discusses the importance of reading and understanding every contract before you sign it.  She tells a personal story about enlightening her loan officer about an optional section of a contract.  Yolanda also shares a story about general business etiquette that one of her colleagues shared on Facebook.  The story Yolanda shares drives home the concept of valuing the time of your customers, colleagues, and business associates. 

Show Notes Transcript

Yolanda discusses the importance of reading and understanding every contract before you sign it.  She tells a personal story about enlightening her loan officer about an optional section of a contract.  Yolanda also shares a story about general business etiquette that one of her colleagues shared on Facebook.  The story Yolanda shares drives home the concept of valuing the time of your customers, colleagues, and business associates. 

Outline

Welcome to the show.
0:01

A story that actually happened to me that will help you understand this concept.
0:50

Read everything that you sign and make sure you understand it.
2:16

Why business etiquette is so important.
5:11

Be a Business Owner or Your Word
6:47

SUMMARY KEYWORDS

tucker, tidbits, understand, sign, business, contact, appointment, meeting, reached, contract, call, etiquette, business owner, professional, notify, rfp, read


Hi, and welcome to ready fit, procure the podcast. I am Yolanda Tucker, your host. Hey, family, how y'all doing? Well, today is going to be an episode of Tucker tidbits. And I'm just gonna give you a couple tidbits that I think will help you in business. So I hope this is enlightening, motivating, and inspiring. Thank you for tuning in there stand this concept, understand every contract that you sign, read and understand every piece of paper that you signed, because it's all a contract, in the end. Be very mindful of what the contract says, and don't take someone's word for it. And I'm gonna tell you a story that actually happened to me, that I hope will help you understand this concept to take in order to contact me and I did not agree with those options. So at that point, I did not sign. So when I gave the packet back to Mary, she went through it and she's like, Oh, you missed a spot? And I said, I don't think so. But let me see. And so I looked, I said, No, I did not find that I read it, I understand that it says, you have these options to to notify me or to contact me if I become delinquent on the loan, I don't want you to contact me or notify me in those manners. So no, I did not overlook it. I just did not sign it. And it is optional. And so Mary said, Well, I've never had anyone else not sign it. I said, I'm sure Mary, you probably also never had anyone else that actually read the entire contract, they probably just signed where you pointed and told them to sign. So no, Mary, I'm not signing that. And if there's a problem, then you know, we can just call the deal off. So Mary says, Well, let me send this to corporate and let me see what they have to say. It's up to them. So we she sent it over to corporate and she's like, this lady is always she's very good. So we'll see what she says. And I don't know, three, five minutes later, they come back with, you know, here's the final approval letter, you know, and all of that good stuff. And so she's like, Oh, I, I said, Mary. So let's look at it. And I'm gonna show you what I'm talking about. And so I made a joke. And I said, Mary, I have not gone to school for 100 years and specialized in contracts, to not come in here and read and understand what I'm reading to put, you know, a second mortgage on my home, literally. So Mary, she says, Oh, my goodness, you miss Tucker, you actually taught me something today. And so I told Mary, Mary, read, read everything that you sign in, make sure you read to understand if you do not understand ask questions. get legal advice. But make sure that you understand what you are reading, it is so imperative. Three, five minutes later, they come back with you know, here's the final approval letter, you know, and all of that good stuff. And so she's like, Oh, I said, Mary. So let's look at it. And I'm gonna show you what I'm talking about. And so I made a joke. And I said, Mary, I have not gone to school for 100 years and specialized in contracts, to not come in here and read and understand what I'm reading to put, you know, a second mortgage on my home, literally. So Mary, she says, Oh, my goodness, you miss Tucker, you actually taught me something today. And so I told Mary, Mary, read, read everything that you signed, and make sure you read to understand if you do not understand ask questions. get legal advice, but make sure that you understand what you are reading. It is so imperative. Three, five minutes later, they come back with you know, here's the final approval letter, you know, and all of that good stuff. And so she's like, Oh, I, I said, Mary. So let's look at it. And I'm going to show you what I'm talking about. And so I made a joke and I said, Mary, I have not gone to school for 100 years and specialized in contracts, to not come in here and read and understand what I'm reading to put, you know, a second mortgage on my home, literally. So Mary, she says, Oh, my goodness, you miss Tucker, you actually taught me something today. And so I told Mary, Mary, read, read everything that you signed. and make sure you read to understand if you do not understand ask questions, get legal advice, but make sure that you understand what you are reading. It is so imperative. Hey, family. So when I do these Tucker tidbits, there will be times that I am going to talk about procurement. And I'm also going to do some general business. Business Etiquette is general business. And so but it's so important. And it's definitely important on the procurement side, because you want to make sure you know that you are keeping the people that you are getting your money from, you're getting paid from happy. So business etiquette is just it is important, as well as networking, and relationships. You know, there are a lot of times that you find out about opportunities as a business or a business owner, due to network and relationships. So just be mindful of that. But a couple of weeks ago, I told the story about an RFP that I put out, and a potential subcontractor, who called and wanted to come in for a tour of the facility, as well as you know, to be able to ask questions, he, you know, didn't show up and didn't call in that kind of stuff. And so I think that day, or the next day, I was on Facebook, and one of my friends posted the following story that I'm going to read to you. And I thought, wow, I literally just talked about this. And I want you to understand how important it is to be a business owner of your word. If you say you're going to be somewhere at a certain time on a certain day, do that. And if you can't be professional enough to let the person know that you're not going to be able to make your appointment with them or your meeting. Okay. But here, listen to this. She says please allow me to vent for a moment. In business as well in life in general, we should value one another's time. twice this week, I have had appointments on my calendar that fell through because someone didn't value my time. Two separate people, neither of whom I know personally reached out to me and asked me to carve out time in my schedule to meet with them to discuss separate business matters. I did that I showed up for both meetings. They didn't. Life just happens sometimes. And I'm well aware of that. But when you make an appointment with someone, please keep it. And if you can't keep it for whatever reason, please be professional enough to reach out to that person to let them know that you need to counsel. It's called common courtesy. When I sent a message to the first one, he replied, I'm sorry about that. Something else came up yesterday that required my attention today and I couldn't get out of it. I'll just contact you a little later to reschedule. Really, a schedule conflict arose yesterday, and you couldn't let me know. No, sir. You will not just contact me to reschedule. Bye. I reached out to the second note show and informed her that I waited several minutes beyond our meeting time, but eventually left when she didn't show up. She responded by sending me several laughing emojis along with the message. Oh, Lord, I totally forgot. Let's just reschedule for next week. Are you free? Are you kidding me? No apology. You forget. And it's a laughing matter. No, ma'am. I am not free to meet with you next Tuesday. Bye. Ladies and gentlemen, please read before you sign understand before you sign and also be courteous and professional enough to let someone know when you're not going to be able to make a meeting or an appointment. Those are two soccer tidbits that I hope that you can take with you. And that will help you not only in your professional life, but also in your personal life. Thank you so much for joining this broadcast of Ready Set for cure. And remember, you been Tucker train. Have a great day.