Episode 29: Avoiding Risky Clients: Lessons for Service Businesses
Episode Synopsis:
In this episode of Time Well Spent, we explore how spotting the right warning signs in new clients protects your business from big losses. You’ll hear about:
The geolocation red flag: clients outside your normal area who may signal trouble
Early price pressure and refusal to discuss scope as major risk indicators
Why communication style during the first interactions matters more than you think
Designing protective policies like upfront deposits and scope agreements to shield your business
Real-world client stories where skipping the vetting process cost time, money or sanity
How to build a client-onboarding checklist to detect red flags before signing contracts
The importance of consistency: never bending your terms for someone who “seems nice”
When it’s smarter to walk away — even from paid work — because the client will cost you in stress and lost opportunity
How tracking past near-miss projects helps sharpen your instincts for future red flags
Related Article: Lessons Learned From Risky Client Encounters