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How to Negotiate Better Event Contracts (Episode 140)

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    >> Planning an event and
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    [BACKGROUND]
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    Welcome to GatherGeeks,
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    a podcast by BizBash,
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    the place where
    people passionate
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    about meetings and
    events come together.
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    Here are your host,
    BizBash CEO David Adler
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    and Editor in Chief
    Beth Kormanik.
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    >> Hi, David.
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    >> Hey, Beth, here we are.
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    Another GatherGeeks
    podcast.
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    >> Our guest today
    is Heather Reid,
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    CEO and founder of
    Planner Protect.
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    She's a consultant for
    event contracts with
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    an eye towards saving
    event planners' money
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    and helping them
    avoid risk.
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    She also has a knack
    for translating
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    legalese to layman terms.
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    David, isn't part of
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    an event planner's job
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    to know how to
    read a contract?
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    >> You would think so,
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    but my experience is
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    that most people
    hate doing that.
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    I don't know what your
    experience is in this,
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    but you think that
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    everybody would
    be an expert,
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    but it glazes
    people's eyes over,
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    especially the type
    of people that
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    do event planning
    in many cases.
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    So while there are
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    these great
    logistical planners
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    that really look
    at every detail,
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    I would say the
    majority don't.
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    That's why today's podcast
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    is like the insurance
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    policy of insurance
    policies.
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    >> Well, much of
    this conversation
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    focuses on venue
    contracts,
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    but the concepts can be
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    applied for any
    kind of supplier
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    and service provided for
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    events that's governed
    by a contract.
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    Heather is going to
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    share some
    specific language
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    to look out for in
    a contract as well
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    as a guiding philosophy
    to approach contracts
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    and changing the terms to
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    protect both parties.
    Let's take a listen.
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    >> So Heather, we're here.
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    I just saw you speak
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    on contracts and
    how you save
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    planners' money by
    actually reading
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    their contracts
    for them and
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    giving them not
    legal advice,
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    but giving them the
    business advice
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    to help negotiate
    better contracts.
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    Tell us what you
    actually do.
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    Is that correct
    and give us
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    a sense of what your
    work product is
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    when somebody says,
    I want to hire you.
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    >> Absolutely. Thank you
    for the opportunity.
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    Planner Protect really is
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    about informing
    an event host.
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    I'm an advocate
    for the event
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    host, first and foremost,
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    how to reach a savvy
    protective contract.
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    And as you said,
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    it's not through
    legal wording.
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    Most venues have
    an inventory
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    of clauses to access.
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    It is knowing
    the questions to
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    ask to get to
    a clause that
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    protects the interests and
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    the needs of the event
    host and the venue.
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    So my end product to
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    a client is a written
    report that literally
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    starts at the
    very first letter
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    of the contract and ends
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    26 pages later with
    the very last word.
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    And I look at every
    single clause,
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    and I take apart
    the words.
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    I do the math, I
    check the dates.
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    I will go and do a floor
    plan of the venue,
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    and to see if from
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    a meeting planner's
    perspective,
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    can we create efficiencies
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    rather than meeting
    space rental.
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    Things like that that
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    fresh eyes bring
    so much value.
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    >> Are they fresh
    eyes or are they
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    the only eyes
    in many cases?
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    >> [LAUGHTER] Well,
    they are a combination,
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    I would say, fresh
    eyes, for sure.
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    But I know that contracts
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    are one of those
    things that
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    planners are so inundated
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    with responsibilities
    every day.
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    I equate event planning to
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    driving in a blizzard
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    with your bright
    lights on.
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    You just don't know
    where to look,
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    and contracts take hours,
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    and a lot of planners
    don't have hours.
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    And so it's literally
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    check the dates,
    the rates,
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    the space, and let's
    get it off the desk.
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    >> So what's the
    topline savings
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    that you talk
    about in terms
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    of the bigger picture?
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    What would make an
    event planner's eyes
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    pop out of their head when
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    you say how much you save?
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    >> So my tract over
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    the last five years is
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    on average a contract I
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    would save anywhere from
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    $27,000-$35,000 in
    both a combination of
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    actual savings
    and avoided risk.
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    So actual savings
    are things
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    like looking for
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    some reduced food and
    beverage minimum,
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    it's looking for meeting
    space efficiencies,
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    it's looking for
    concessions.
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    Avoided risk comes
    in negotiating
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    really solid
    cancellation terms
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    where damages are owed.
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    And it's taking a things
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    like negotiating based on
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    profit, not on revenue.
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    It's being able to say,
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    if I owe $100,000 minimum,
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    legally, I owe
    the venue profit.
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    I don't owe them revenue.
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    And it's really informing
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    the event host and giving
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    them the questions to
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    ask to really negotiate
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    to get to those savings.
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    So our track record
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    is just shy of
    $8.5 million
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    in avoided risk that
    we've been able
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    to put back in the
    client's pocket,
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    both in cash and
    in avoided risk.
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    >> So if you
    if you client,
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    an end user, a brand,
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    a company, etc,
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    and you have a third
    party planner,
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    where is the true
    responsibility,
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    and where do you see
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    the biggest lack
    of knowledge?
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    Is it in third
    party planner?
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    Is it in the corporation
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    that is ultimately
    paying the bill?
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    Where does the
    buck stop on this?
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    >> Well, my talk just
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    addressed the fact
    that I believe
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    our event hosts
    that hire us as
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    professionals are
    looking to us
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    to be the wise counsel and
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    the savvy negotiators and
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    really masterful
    at contracting.
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    I think we absolutely
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    cannot replace legal
    counsel, absolutely not.
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    But I think we
    also need to
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    come to the table far
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    better versed in
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    negotiation
    tactics and what
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    to look for and
    what to ask for.
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    >> The lawyer is not
    your business partner.
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    The lawyer is your lawyer.
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    >> No. And actually,
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    in fact, with the
    corporations that we've
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    worked with, what I hear
    from those that have
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    access to legal counsel
    internally is that,
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    a, either they
    can't get the time
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    and attention that
    they need from legal,
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    or hospitality is not
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    a banking lawyer or a
    manufacturing lawyer.
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    Hospitality law is
    entirely different,
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    and so they're out
    of their element.
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    So yes, they can
    look at the really,
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    really nitty gritty
    things of protection,
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    but they're not looking at
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    what a meeting
    planner would look
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    at in making a balanced,
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    good, thorough contract.
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    >> So you're actually
    saying that there is
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    a risk in the idea
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    that the corporate lawyer
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    may not be the
    right lawyer to
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    actually vet
    something properly.
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    >> And I think in
    the United States,
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    you're blessed to have
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    hospitality lawyers that
    share what they know,
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    and I'm just blown away
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    by how much they
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    write and how
    much they teach.
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    Here in Canada, I cannot
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    think of a single name
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    of a Canadian
    hospitality lawyer that
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    stands out and really
    speaks out and teaches.
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    And so we have a
    real dearth of
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    knowledge here
    that we need to
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    address to be as
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    savvy as our counterparts
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    on the other side
    of the table.
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    >> So let's move a little
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    bit into the pitfalls.
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    Let's take five or
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    six that people
    would understand.
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    What is the number one
    issue that you see
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    in your world when
    someone gives you
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    a contract from
    the planner side?
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    >> That is a really
    good question.
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    How long have you
    got? [LAUGHTER].
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    >> Well, we want
    to keep it short
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    so [OVERLAPPING]
    glaze over.
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    We want to know
    enough that
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    they can hire
    you. [LAUGHTER].
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    >> Well, that's a deal.
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    I think there are a
    couple of things.
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    Termination is one in
    our industry where
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    when an event has been
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    impacted by something
    beyond our control,
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    that's one that people
    don't think about.
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    What are both sides?
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    What could impact
    our event?
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    And that's a clause that
    is rarely negotiated
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    with the planner or the
    event host in mind.
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    Cancellation is one that,
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    and it's different
    than termination,
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    cancellation, we
    find venues always
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    protect themselves against
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    the client canceling,
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    but rarely do contracts
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    protect the client when
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    the venue wants to cancel.
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    So that, to me, is
    right off the top hat.
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    >> On purpose.
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    >> Absolutely. Those
    contracts have
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    been curated by lawyers
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    to protect the best
    interests of the venue.
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    So it's not their
    job to protect us.
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    I would say, concessions
    are one that I
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    think whether they're
    earned or whether
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    they are the venue
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    has the right
    to revoke them.
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    >> English, please.
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    >> So if someone
    was to say,
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    we offer you one in 40,
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    so if you pick up
    40 guest rooms,
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    we're going to
    offer you the event
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    host one
    complimentary one.
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    So that's a concession
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    that someone
    might ask for.
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    What I find with
    planners is
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    that they allow
    language that says,
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    if you don't meet
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    your standards
    of performance,
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    so you're not meeting
    your food and
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    beverage, you're not
    meeting your guest room,
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    things like that, then
    we have the right as
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    a venue to revoke
    those concessions.
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    And yet, what
    planners don't
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    understand is that when
    there is attrition,
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    so you are paying because
    you underperformed,
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    then you've made
    that property whole.
  • 10:03 - 10:05
    Those are your
    concessions.
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    The venue should not have
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    the right to
    pull those back.
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    So there's that piece
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    that's missing
    for planners.
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    And that's an
    important one.
  • 10:15 - 10:16
    If you're counting on
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    having so many
    complementary rooms,
  • 10:18 - 10:20
    you're counting
    on free Wi-Fi
  • 10:20 - 10:21
    for your attendees,
  • 10:21 - 10:22
    things like that,
    and those are
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    revoked because
    of language.
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    That's really sad.
  • 10:27 - 10:30
    So I think attrition,
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    and as I said, that's
    underperformance.
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    So when a client
    comes in and they're
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    contracted to meet
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    a certain minimum
    [OVERLAPPING]
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    >> Minimum meaning you're
  • 10:37 - 10:38
    going to get x
    number of rooms.
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    >> X number of rooms or
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    an x dollar value worth
  • 10:43 - 10:44
    of food and beverage
    for an event.
  • 10:44 - 10:46
    When a client comes in and
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    does not meet
    those targets,
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    then paying the
    difference between what
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    they actually did and
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    what they were
    supposed to do,
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    that gap is
    called attrition.
  • 10:55 - 11:00
    And it's the planner that
    needs to know how to
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    negotiate that
    attrition because
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    it's not just a
    straight mathematical.
  • 11:04 - 11:06
    Here's what I was
    supposed to pay.
  • 11:06 - 11:07
    This is what I did pay.
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    The difference
    is what I owe.
  • 11:09 - 11:10
    That's not the case.
  • 11:10 - 11:12
    And here in Canada,
    particularly,
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    we don't understand
    the concept
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    of we pay the
    profit, not revenue.
  • 11:18 - 11:21
    >> Can you re-emphasize
    what that means?
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    >> That means, for
    example, guest rooms,
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    the profit margin on
    guest rooms for a hotel,
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    for example, the
    industry standard
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    is anywhere
    between 70-85%.
  • 11:34 - 11:38
    So if you had a
    $100 guest room,
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    the venue would expect to
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    generate $70-85 profit
    on that guest room.
  • 11:44 - 11:47
    Well, if we're in a
    situation of attrition,
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    most contracts are worded
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    that we would owe
    them the full
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    $100 on every room that
    we did not consume.
  • 11:54 - 11:56
    But, in fact,
    what we owe them
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    legally and as a
    business law is that we
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    owe the profit they would
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    have generated if we
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    had actually
    sold that room
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    to one of our attendees.
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    >> So do you
    recommend changing
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    the language from
    revenue to profit?
  • 12:10 - 12:13
    And that is a game
    changer right there?
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    >> Absolutely.
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    And your American
    system is very much
  • 12:18 - 12:19
    built and aware of
  • 12:19 - 12:23
    that one distinct
    difference we are behind.
  • 12:23 - 12:25
    And I'm on a
    mission here in
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    Canada that just that
    one change can mean
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    so much between owing
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    $100 times 30 rooms
    or $70 for 30 rooms.
  • 12:36 - 12:38
    That gap for a lot of
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    clients means that
    they don't get to
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    add that frill
    or they don't
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    get to add that little
    special element.
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    >> What's next?
  • 12:44 - 12:45
    >> What's next?
  • 12:45 - 12:45
    >> What's next?
  • 12:45 - 12:49
    >> I'm in building mode.
  • 12:49 - 12:52
    I believe, at least
    here in Canada,
  • 12:52 - 12:55
    this role for planners,
  • 12:55 - 12:57
    a support role is new.
  • 12:57 - 13:01
    Trying to show someone
    the value just like we
  • 13:01 - 13:05
    onboard AV supplier and
  • 13:05 - 13:09
    we onboard a
    registration system,
  • 13:09 - 13:12
    and we onboard decor,
  • 13:12 - 13:14
    I want planners to know
    that they can onboard
  • 13:14 - 13:18
    a contract consultant
    that will help them.
  • 13:18 - 13:22
    I believe planners
    are project managers.
  • 13:22 - 13:24
    We're not needing to be
  • 13:24 - 13:26
    experts in everything,
  • 13:26 - 13:29
    we need to be if you
    don't have resources.
  • 13:29 - 13:30
    But if you have resources,
  • 13:30 - 13:32
    then you build a team.
  • 13:32 - 13:33
    And one of the
    team members,
  • 13:33 - 13:35
    I want someone like
  • 13:35 - 13:37
    myself to come in
  • 13:37 - 13:38
    and help them with
    that contract.
  • 13:38 - 13:40
    >> Well, you're
    showing that you
  • 13:40 - 13:43
    can control revenue for
  • 13:43 - 13:45
    the business in ways that
  • 13:45 - 13:49
    are completely obvious
    in many cases,
  • 13:49 - 13:51
    that somebody should
    be watching it because
  • 13:51 - 13:54
    most people don't
    do that, right?
  • 13:54 - 13:58
    Would you say
    that 50, 60, 80,
  • 13:58 - 14:00
    whatever percentage
    don't even
  • 14:00 - 14:01
    look at contracts
    and just sign them,
  • 14:01 - 14:03
    because they're
    not professionals
  • 14:03 - 14:05
    or new in the
    industry or whatever?
  • 14:05 - 14:06
    Would you say that there's
  • 14:06 - 14:08
    a huge issue with us?
  • 14:08 - 14:13
    >> Yes, and I'll
    boldly proclaim that.
  • 14:15 - 14:18
    For professional
    planners, I think time is
  • 14:18 - 14:21
    an absolute
    critical factor.
  • 14:21 - 14:22
    We are so pressured.
  • 14:22 - 14:24
    For those that
    are a DIY type
  • 14:24 - 14:26
    that are signing
    contracts for
  • 14:26 - 14:27
    weddings or they're
    signing contracts for
  • 14:27 - 14:30
    barmaids or whatever
    the case may be,
  • 14:30 - 14:32
    they are absolutely
    going in blind,
  • 14:32 - 14:34
    and they are risking
    their shirt because
  • 14:34 - 14:36
    that contract is curated
  • 14:36 - 14:38
    to protect the venue.
  • 14:38 - 14:43
    >> So does a person do
    who's a DIY person?
  • 14:43 - 14:46
    They're not
    [inaudible] to hire
  • 14:46 - 14:48
    you. They're
    getting screwed.
  • 14:48 - 14:50
    >> Yes, potentially.
  • 14:50 - 14:53
    And part of my message
    was today was we are
  • 14:53 - 14:55
    complacent because events
  • 14:55 - 14:57
    come off every day,
  • 14:57 - 14:59
    and rarely does
    something go wrong.
  • 14:59 - 15:01
    But it's when it goes
  • 15:01 - 15:02
    wrong that we need to
  • 15:02 - 15:03
    be protected. It's not if.
  • 15:03 - 15:06
    It's just when. So I
  • 15:06 - 15:09
    have not focused
    on the DIY.
  • 15:09 - 15:12
    My legacy piece is
    my own profession,
  • 15:12 - 15:15
    and I think we need
    to start there.
  • 15:15 - 15:18
    And I can't take on
    the whole beast.
  • 15:18 - 15:19
    I truly just want
    to make a shift
  • 15:19 - 15:21
    in our own profession.
  • 15:21 - 15:22
    >> But I think
    that through
  • 15:22 - 15:23
    doing this podcast today,
  • 15:23 - 15:25
    there's a dent
    that we're making.
  • 15:25 - 15:27
    The experiential business,
  • 15:27 - 15:28
    the agency
    businesses that are
  • 15:28 - 15:30
    spending money on
    events like crazy,
  • 15:30 - 15:30
    you're probably not even
  • 15:30 - 15:32
    looking at anything
    like this.
  • 15:32 - 15:34
    >> I would agree
    with you. I actually
  • 15:34 - 15:35
    just had a wonderful
    conversation
  • 15:35 - 15:37
    with a young girl
    from a marketing
  • 15:37 - 15:38
    agency that is
    doing events.
  • 15:38 - 15:40
    And when I was
  • 15:40 - 15:41
    telling her about
    Planner Protect,
  • 15:41 - 15:45
    she went, OMG,
    had no idea.
  • 15:45 - 15:48
    And there's a lot of that.
  • 15:49 - 15:52
    You assume that
    things are okay,
  • 15:52 - 15:55
    and do we read
  • 15:55 - 15:56
    every contract for
    a real estate?
  • 15:56 - 15:59
    Do we read every contract
    when you sign up
  • 15:59 - 16:03
    for a telecommunication
    service?
  • 16:03 - 16:04
    No, we don't, and
    it's the same thing
  • 16:04 - 16:06
    when we're
    planning events.
  • 16:06 - 16:07
    We don't read
    those contracts,
  • 16:07 - 16:09
    and yet the liability
    is completely
  • 16:09 - 16:12
    shifted to the one that
    signs the contract.
  • 16:12 - 16:13
    >> And is it because
  • 16:13 - 16:16
    the venues lawyers
    are smarter or
  • 16:16 - 16:19
    they're just more adept
  • 16:19 - 16:23
    at mitigating their risk?
  • 16:23 - 16:24
    >> In my experience,
  • 16:24 - 16:26
    and I can only say from
  • 16:26 - 16:29
    my own career as
    a planner and
  • 16:29 - 16:31
    then the last five years
    look helping others,
  • 16:31 - 16:33
    in our Canadian market,
  • 16:33 - 16:37
    particularly, every
    supplier contract
  • 16:37 - 16:39
    is curated by a lawyer,
  • 16:39 - 16:41
    but rarely do
    clients have it
  • 16:41 - 16:44
    in their budget
    for legal review.
  • 16:44 - 16:45
    So it's not that
  • 16:45 - 16:46
    one is smarter
    than the other.
  • 16:46 - 16:48
    I think there's just
    an awareness that we
  • 16:48 - 16:50
    should be adding that
    into our budget.
  • 16:50 - 16:53
    And it's just an
    automatic non-negotiable.
  • 16:53 - 16:54
    >> We're going to take
  • 16:54 - 16:56
    a little break
    and come right
  • 16:56 - 16:58
    back after this
    message from Hilton.
  • 16:58 - 17:01
    So when's the big
    event? Hilton's here
  • 17:01 - 17:02
    for planners with
  • 17:02 - 17:04
    their exclusive
    customized meetings.
  • 17:04 - 17:07
    Become a wow maker
    and save time
  • 17:07 - 17:09
    by letting Hilton help you
  • 17:09 - 17:10
    present an
    extraordinary event,
  • 17:10 - 17:11
    one that leads to
  • 17:11 - 17:13
    memorable and
    meaningful connections.
  • 17:13 - 17:17
    Visit meetings.hilton.com
    and let Hilton help
  • 17:17 - 17:23
    you. So what is the
    difference between
  • 17:23 - 17:24
    the independent venue,
  • 17:24 - 17:25
    I know you talked about
  • 17:25 - 17:26
    that today a little bit,
  • 17:26 - 17:27
    and the hotel venue
  • 17:27 - 17:29
    and what you're
    seeing in the,
  • 17:29 - 17:30
    you are kind of shocked
  • 17:30 - 17:32
    at the research that you
  • 17:32 - 17:34
    did on the
    independent venue
  • 17:34 - 17:36
    versus the hotel venue.
  • 17:36 - 17:39
    >> Yes, and it was funny
    because I thought,
  • 17:39 - 17:41
    well, those were curated
    by lawyers, too.
  • 17:41 - 17:42
    When we look at
  • 17:42 - 17:44
    the clauses that
    carry the most risk,
  • 17:44 - 17:45
    which are the
    indemnification,
  • 17:45 - 17:47
    which is a promise to pay
  • 17:47 - 17:51
    if legal proceedings
    are involved.
  • 17:51 - 17:52
    And then there's
    termination,
  • 17:52 - 17:53
    which is an act that
  • 17:53 - 17:55
    is acted upon you
    and cancellation.
  • 17:55 - 17:56
    And I found in
  • 17:56 - 17:58
    these 12
    unconventional venues,
  • 17:58 - 18:00
    which included things
    like a ski resort,
  • 18:00 - 18:02
    an amusement
    park, museums,
  • 18:02 - 18:04
    there was a library,
  • 18:04 - 18:07
    a music hall, that
    even in some cases,
  • 18:07 - 18:11
    they didn't protect
    themselves from things
  • 18:11 - 18:12
    going sideways from
    indemnification
  • 18:12 - 18:14
    or termination and things.
  • 18:14 - 18:17
    And so I found that
    shocking, first of all,
  • 18:17 - 18:18
    but I think that
  • 18:18 - 18:20
    speaks to our
    complacency here,
  • 18:20 - 18:23
    that, well, it'll work out
  • 18:23 - 18:25
    but it may not.
  • 18:25 - 18:26
    And our culture
    is changing.
  • 18:26 - 18:28
    Our culture is very
    much changing,
  • 18:28 - 18:31
    and we're using big
    conglomerate contracts
  • 18:31 - 18:35
    that are really well
  • 18:35 - 18:38
    written in the hotel
    industry, particularly.
  • 18:38 - 18:39
    It's being gobbled up
  • 18:39 - 18:41
    in there standardized
    contracts,
  • 18:41 - 18:43
    and they are well crafted.
  • 18:43 - 18:46
    I gave the example
    of six little words
  • 18:46 - 18:49
    that to a lay person
    would mean nothing,
  • 18:49 - 18:49
    but when you look at
  • 18:49 - 18:51
    them and you read
    them and you think,
  • 18:51 - 18:52
    what does that mean?
  • 18:52 - 18:53
    >> What were
    the six words?
  • 18:53 - 18:56
    >> The venue has
    the right to.
  • 18:56 - 18:59
    >> And what does to
    explain how that impacts.
  • 18:59 - 19:03
    >> Well, so one of my
    stories is a client
  • 19:03 - 19:07
    that allowed in
    his contract,
  • 19:07 - 19:09
    the wording, the
    venue has the right
  • 19:09 - 19:11
    to move his meeting space
  • 19:11 - 19:13
    to an equivalent space.
  • 19:13 - 19:16
    And what he ended up
    with was not a ballroom,
  • 19:16 - 19:19
    but a wedding tent out
    in the parking lot.
  • 19:19 - 19:21
    And the judgment
    indicated that it
  • 19:21 - 19:22
    wasn't about the amenities
  • 19:22 - 19:23
    of his meeting space,
  • 19:23 - 19:25
    it was about the
    square footage.
  • 19:25 - 19:27
    And so when you see
  • 19:27 - 19:30
    the words the venue
    has the right to,
  • 19:30 - 19:32
    that is a scary
    place to be
  • 19:32 - 19:34
    because there's
    no collaboration,
  • 19:34 - 19:35
    there's no
    discussion, there's
  • 19:35 - 19:36
    no mutual decision.
  • 19:36 - 19:40
    It's the venue has the
    right to discussion.
  • 19:40 - 19:41
    >> What should it be?
  • 19:41 - 19:43
    >> And again, it's
    about language,
  • 19:43 - 19:46
    but the essence of
    it is that you want
  • 19:46 - 19:49
    to ask for discussion.
  • 19:49 - 19:51
    You want to ask
    for collaboration.
  • 19:51 - 19:52
    >> In the contract.
  • 19:52 - 19:55
    >> In the contract,
    that the venue
  • 19:55 - 19:57
    unless it's of an
    emergency nature
  • 19:57 - 19:58
    where people's
    lives are at risk,
  • 19:58 - 20:00
    they need to
    have unilateral
  • 20:00 - 20:01
    right to do something.
  • 20:01 - 20:02
    But if it's around moving
  • 20:02 - 20:05
    your meeting space,
    if it's around,
  • 20:05 - 20:09
    it escapes me right
  • 20:09 - 20:10
    now about another
    situation.
  • 20:10 - 20:12
    But it's removing
    the right
  • 20:12 - 20:15
    of the venue to just act
    on their own merits.
  • 20:15 - 20:16
    It's saying, this
    is a partnership,
  • 20:16 - 20:18
    and you need to consult me
  • 20:18 - 20:20
    before you move forward
    with something.
  • 20:20 - 20:22
    The other one
    is the client,
  • 20:22 - 20:24
    must notify the venue.
  • 20:24 - 20:26
    Those are another six
    little words that
  • 20:26 - 20:28
    have big impact because
  • 20:28 - 20:30
    if a client's
    expectations,
  • 20:30 - 20:32
    they have to do
    something for
  • 20:32 - 20:33
    the venue and
    they don't do it,
  • 20:33 - 20:35
    then that sets them
    up for damages.
  • 20:35 - 20:37
    But yet, did you really?
  • 20:37 - 20:38
    >> What should that be?
  • 20:38 - 20:42
    >> Well, again, I
    don't know what
  • 20:42 - 20:43
    it should be,
  • 20:43 - 20:46
    but what it could be
    is that the venue
  • 20:46 - 20:49
    needs to notify the client
  • 20:49 - 20:51
    that there is a
    decision to be made.
  • 20:51 - 20:53
    There's ways of working.
  • 20:53 - 20:54
    >> It's like a dual.
  • 20:54 - 20:55
    >> Yes, thank you.
  • 20:55 - 20:58
    It's collaboration.
    We're in this together.
  • 20:58 - 21:00
    So in the case
    that I gave today,
  • 21:00 - 21:02
    it was about the client
    needed to notify
  • 21:02 - 21:04
    the venue of wanting
  • 21:04 - 21:06
    to take advantage
    of attrition.
  • 21:06 - 21:08
    Well, he got stuck
    with a bill.
  • 21:08 - 21:09
    But the wording allowed
  • 21:09 - 21:11
    the venue to do
    exactly what they did.
  • 21:11 - 21:13
    The client wasn't happy,
  • 21:13 - 21:14
    but the client missed
    those six words.
  • 21:14 - 21:16
    He said he had a
    responsibility
  • 21:16 - 21:19
    to notify the venue
    of something.
  • 21:19 - 21:21
    So it's just the nuances
  • 21:21 - 21:22
    that I pick out and say,
  • 21:22 - 21:26
    are you aware that if
    you sign this as is,
  • 21:26 - 21:28
    these are your
    responsibilities.
  • 21:28 - 21:30
    And this is what
    they're saying to you
  • 21:30 - 21:32
    that you agree to XYZ.
  • 21:32 - 21:33
    So it's actually, a lady
  • 21:33 - 21:35
    say, you're an
    interpreter.
  • 21:35 - 21:37
    And I'm like, that's
    exactly what it is.
  • 21:37 - 21:41
    I'm an interpreter of
    legal ease to layman.
  • 21:41 - 21:43
    >> And well, you're
    the whisperer.
  • 21:43 - 21:45
    [LAUGHTER]
  • 21:45 - 21:46
    >> Perhaps.
  • 21:46 - 21:48
    >> But this applies
    to every part of
  • 21:48 - 21:51
    our industry and
    a photography,
  • 21:51 - 21:55
    videography,
    augmented reality,
  • 21:55 - 21:58
    all the ease that
    they're wise.
  • 21:58 - 22:00
    >> Absolutely.
    Yes. Every element
  • 22:00 - 22:02
    of our particular
    industry,
  • 22:02 - 22:04
    I believe, starts
    with a good contract
  • 22:04 - 22:07
    and may end with
    a contract.
  • 22:07 - 22:09
    Absolutely,
    everything we do,
  • 22:09 - 22:13
    services, decor,
    just everything.
  • 22:13 - 22:15
    >> So how do you
    turn what you
  • 22:15 - 22:16
    do and scale what
  • 22:16 - 22:17
    you do so there
    are other people.
  • 22:17 - 22:20
    You will be so
  • 22:20 - 22:21
    busy if everybody decides
  • 22:21 - 22:23
    they need to like
    your service.
  • 22:23 - 22:26
    Are there other people
    doing what you do.
  • 22:27 - 22:30
    >> I'm not aware of
    someone that is actually
  • 22:30 - 22:32
    just hanging out their
    shingles saying I
  • 22:32 - 22:34
    am a contract consultant.
  • 22:34 - 22:35
    I've looked for
    them because I'd
  • 22:35 - 22:37
    love to find other pips.
  • 22:37 - 22:40
    But there are
    absolutely other types,
  • 22:40 - 22:42
    so site selection is
  • 22:42 - 22:46
    one way they are focused
    on the contract.
  • 22:46 - 22:47
    They get you the
    venue, and part of
  • 22:47 - 22:50
    their expertise
    is on contracts.
  • 22:50 - 22:51
    That's a different
    business
  • 22:51 - 22:53
    model than what I have.
  • 22:53 - 22:56
    >> They get a commission
    the property.
  • 22:56 - 22:57
    >> Correct, and
    that's great.
  • 22:57 - 22:58
    And I just have never been
  • 22:58 - 23:00
    a part of that
    business model.
  • 23:00 - 23:01
    But they obviously that's
  • 23:01 - 23:03
    all they work with
    is contracts.
  • 23:03 - 23:09
    So they have some inherent skills in
    negotiating and acting on behalf of the client.
  • 23:09 - 23:13
    The legal people,
    obviously, they do.
  • 23:13 - 23:14
    Otherwise, it
    really does come
  • 23:14 - 23:15
    down to the planners,
  • 23:15 - 23:18
    and there aren't
    a lot of us.
  • 23:21 - 23:23
    I'm not an
    arrogant person.
  • 23:23 - 23:24
    I absolutely don't want
  • 23:24 - 23:25
    to come across that way,
  • 23:25 - 23:26
    but I've invested
  • 23:26 - 23:29
    heavily in building
    expertise.
  • 23:29 - 23:30
    And so there
    aren't a lot of
  • 23:30 - 23:32
    us that take it to
    the same depth.
  • 23:32 - 23:35
    >> Maybe we should
    create a tribe
  • 23:35 - 23:37
    of people that they
    can start connecting,
  • 23:37 - 23:39
    because I do
    believe that this
  • 23:39 - 23:40
    has to be taught in
  • 23:40 - 23:43
    schools in really
    efficient ways.
  • 23:43 - 23:46
    >> Absolutely. When
    I first started in
  • 23:46 - 23:49
    Planner Protect was just
    an idea in my head.
  • 23:49 - 23:51
    I was encouraged to do
  • 23:51 - 23:53
    a quick environmental
    scan across Canada.
  • 23:53 - 23:56
    So I hired someone to
    look at the colleges,
  • 23:56 - 23:59
    the post secondary
    colleges and universities.
  • 23:59 - 24:01
    And at that time,
    there was not
  • 24:01 - 24:04
    one full course in
  • 24:04 - 24:05
    an event management
  • 24:05 - 24:06
    hospitality
    course that was
  • 24:06 - 24:09
    taught on contracts or
    contract negotiations.
  • 24:09 - 24:10
    And to me, when it's
    the underpinning
  • 24:10 - 24:12
    of everything that we do,
  • 24:12 - 24:14
    that needs to be 101,
  • 24:14 - 24:16
    201, 301. [LAUGHTER]
  • 24:16 - 24:18
    >> You see this. A lot
    of conferences have,
  • 24:18 - 24:19
    we're going to do a
    thing on contracts,
  • 24:19 - 24:21
    but it's lightweight.
  • 24:21 - 24:24
    >> You can't
    possibly dig deep.
  • 24:24 - 24:26
    Actually, that was my
    greatest challenge creating
  • 24:26 - 24:29
    a 35-minute
    talk was really
  • 24:29 - 24:32
    keeping it high enough,
  • 24:32 - 24:35
    intriguing enough,but you
    can't dig deep on anything.
  • 24:35 - 24:38
    You could be an hour on
    each of my 52 points.
  • 24:38 - 24:41
    Like really literally
    hours and hours
  • 24:41 - 24:42
    on some of them because of
  • 24:42 - 24:44
    the nuances in
    the thinking and
  • 24:44 - 24:47
    the construction of a
    really good clause.
  • 24:47 - 24:49
    >> So your 52 points,
  • 24:49 - 24:50
    these are all
    the things you
  • 24:50 - 24:52
    talked about that earlier.
  • 24:52 - 24:54
    What is the last thing you
  • 24:54 - 24:57
    ended up putting
    on the list of 52?
  • 24:57 - 24:59
    >> You know what? My list
  • 24:59 - 25:00
    is actually an
    A to Z list.
  • 25:00 - 25:03
    I don't actually
    have a formal,
  • 25:03 - 25:05
    like the top
    10 list thing.
  • 25:05 - 25:07
    >> But there something
    you added recently
  • 25:07 - 25:08
    that you've just
    discovered?
  • 25:08 - 25:10
    >> I would say
  • 25:10 - 25:12
    it's the new angle
    of attrition,
  • 25:12 - 25:13
    that new one that the
  • 25:13 - 25:15
    client just got caught on.
  • 25:15 - 25:16
    That it's, we've given
  • 25:16 - 25:18
    you your 80% attrition.
  • 25:18 - 25:20
    But now the client
  • 25:20 - 25:23
    needs to invoke
    that attrition.
  • 25:23 - 25:24
    The client needs to say,
  • 25:24 - 25:26
    I want that attrition
    at some point.
  • 25:26 - 25:28
    In my 25 years,
  • 25:28 - 25:30
    if you got the
    80% attrition,
  • 25:30 - 25:31
    it was a given,
    you just get it.
  • 25:31 - 25:33
    You get to the
    invent and they say,
  • 25:33 - 25:36
    as long as you've met
    80% pickup, we're good.
  • 25:36 - 25:39
    Now they've nuanced
    it to say, look,
  • 25:39 - 25:40
    now you have to
    tell us if you want
  • 25:40 - 25:43
    that 80% pickup
    or the minimum,
  • 25:43 - 25:45
    which I find a
    little sneaky.
  • 25:45 - 25:47
    >> How do you
    deal with rev par
  • 25:47 - 25:49
    and contracts now with
  • 25:49 - 25:50
    people going in
    the hotel world,
  • 25:50 - 25:52
    in the weeds here
    a little bit,
  • 25:52 - 25:54
    where people go
    around the contract,
  • 25:54 - 25:57
    so get the rev par rates,
  • 25:57 - 25:58
    the lower rates
    from hotels to
  • 25:58 - 25:59
    night and things like
  • 25:59 - 26:00
    that at the same places.
  • 26:00 - 26:02
    >> That I'm out
    of my league on.
  • 26:02 - 26:04
    >> That's a
    business issue.
  • 26:04 - 26:07
    >> Yeah. I can't
    speak to that at all.
  • 26:07 - 26:09
    >> And did you also watch
  • 26:09 - 26:14
    the Netflix Fire
    Festival Documentary?
  • 26:14 - 26:16
    >> No, I did not
    know it was out.
  • 26:16 - 26:19
    I actually followed
    very carefully
  • 26:19 - 26:21
    the actual event
    and how it unfolded
  • 26:21 - 26:23
    and some of the articles
    about it afterwards.
  • 26:23 - 26:24
    But I didn't
    know there was
  • 26:24 - 26:26
    a document until
    it came here.
  • 26:26 - 26:27
    So now that this is done,
  • 26:27 - 26:29
    I will absolutely
    be watching it.
  • 26:29 - 26:30
    >> You will be horrified.
  • 26:30 - 26:32
    >> Yeah, I'm sure I will.
  • 26:33 - 26:35
    >> I was horrified,
    as well,
  • 26:35 - 26:38
    but I also from a
    contracting point of view,
  • 26:38 - 26:41
    realize that
    marketing people
  • 26:41 - 26:43
    are even more at risk than
  • 26:43 - 26:45
    the planning
    committee they
  • 26:45 - 26:47
    are dealing with
    bigger dollars
  • 26:47 - 26:49
    that can easily go
  • 26:49 - 26:52
    off the rails so
    much more easily.
  • 26:52 - 26:53
    >> Yeah.
  • 26:53 - 26:55
    I think there's a really
    big opportunity for
  • 26:55 - 26:59
    our event industry to
    really step up and say,
  • 26:59 - 27:02
    this is why you want to
    hire a professional.
  • 27:02 - 27:03
    What is that saying
  • 27:03 - 27:06
    about if you want
    to save money,
  • 27:06 - 27:08
    hire an amateur
    and then you'll
  • 27:08 - 27:11
    find out how expensive
    an amateur is thing.
  • 27:11 - 27:14
    I'm paraphrasing
    wordsmithing. But it really,
  • 27:14 - 27:17
    truly is and I find
    this about contracts,
  • 27:17 - 27:18
    people almost need
    to make a mistake
  • 27:18 - 27:21
    before they will really
    truly sit up and say,
  • 27:21 - 27:22
    I need help,
  • 27:22 - 27:24
    I don't know what
    I don't know.
  • 27:24 - 27:26
    >> So as we end,
  • 27:26 - 27:28
    do you have any thoughts
    on what's really
  • 27:28 - 27:30
    screwed up with the
    system entirely?
  • 27:30 - 27:33
    Forget finding the
    legal problems,
  • 27:33 - 27:35
    but are you seeing
    something that is
  • 27:35 - 27:37
    really wrong with the
    way it's working,
  • 27:37 - 27:41
    the whole the
    industry approach?
  • 27:41 - 27:43
    >> I would say that
  • 27:43 - 27:47
    monopolizing the buyouts
    are not helping us.
  • 27:47 - 27:48
    >> So explain
    what that means.
  • 27:48 - 27:50
    >> Well, to me, I'm
  • 27:50 - 27:53
    all about creating
    balance in a contract.
  • 27:53 - 27:54
    It's not about it's
  • 27:54 - 27:56
    a win for me and
    it's a loss for you.
  • 27:56 - 27:57
    It's about coming and
  • 27:57 - 27:59
    saying, at the
    end of the day,
  • 27:59 - 28:00
    we've both met
    our objectives,
  • 28:00 - 28:01
    finding ways to do that.
  • 28:01 - 28:03
    We don't always
    get what we want,
  • 28:03 - 28:05
    but we need to
    get what we need.
  • 28:05 - 28:08
    And I find that I am
    hearing that there are
  • 28:08 - 28:10
    venues that don't
    want to come
  • 28:10 - 28:12
    to the table prepared
    to negotiate.
  • 28:12 - 28:14
    It's our way
    or the hiding.
  • 28:14 - 28:16
    >> There's so
    much a monopoly
  • 28:16 - 28:17
    that they're going to
  • 28:17 - 28:20
    just not even think
    care about you.
  • 28:20 - 28:21
    >> And there are planners
  • 28:21 - 28:23
    that say, well,
    why bother?
  • 28:23 - 28:26
    >> But are you seeing
    that with the Star.
  • 28:26 - 28:27
    Well, the Marriott's
    of the world?
  • 28:27 - 28:29
    Are they flexible?
  • 28:29 - 28:31
    >> I will not speak
    about a brand.
  • 28:31 - 28:33
    Every single contract is
  • 28:33 - 28:35
    absolutely unique
    to that event.
  • 28:35 - 28:37
    >> But the big brands,
  • 28:37 - 28:40
    have they put their will
  • 28:40 - 28:42
    in this is the
    way it's going to
  • 28:42 - 28:43
    be in my way of
    the highway?
  • 28:43 - 28:46
    >> Well, I think
    every brand
  • 28:46 - 28:47
    presents a draft contract
  • 28:47 - 28:48
    thinking that that is
  • 28:48 - 28:49
    the way it's going to be.
  • 28:49 - 28:51
    There are people there are
  • 28:51 - 28:52
    salesforce that are
  • 28:52 - 28:54
    willing to have
    discussions.
  • 28:54 - 28:56
    And one thing
    I've learned is
  • 28:56 - 28:57
    you don't take
    the first no,
  • 28:57 - 29:00
    absolutely, and you
    need to speak to us.
  • 29:00 - 29:03
    >> How does a
    event planner
  • 29:03 - 29:04
    get to the second or third
  • 29:04 - 29:06
    no? What do they do?
  • 29:06 - 29:08
    >> The number one thing
    to do is to ask to
  • 29:08 - 29:10
    speak and negotiate
    with a person that
  • 29:10 - 29:12
    has the power to
    change the contract.
  • 29:12 - 29:14
    >> And who
    normally is that?
  • 29:14 - 29:16
    >> It may very well be
  • 29:16 - 29:18
    a salesperson
    that is seasoned.
  • 29:18 - 29:20
    It may not be the
    junior salesperson
  • 29:20 - 29:22
    that is following
    a script.
  • 29:22 - 29:23
    But I'm all for
  • 29:23 - 29:24
    teaching that
    junior salesperson,
  • 29:24 - 29:25
    and I've done that
    on more than one
  • 29:25 - 29:27
    occasion where it's like,
  • 29:27 - 29:29
    I need this, and this
    is why I need this.
  • 29:29 - 29:32
    I want to work with
    a salesperson,
  • 29:32 - 29:33
    but the person
    that also has
  • 29:33 - 29:36
    the leverage to be
    able to change it.
  • 29:36 - 29:38
    I think that's where
    planners also need
  • 29:38 - 29:39
    to assert
    themselves and say,
  • 29:39 - 29:41
    I'm not going to
    take the first no.
  • 29:41 - 29:43
    This has to be
    for both of us.
  • 29:43 - 29:46
    >> How far up the
    line, usually, is it?
  • 29:46 - 29:47
    >> Director of Sales.
  • 29:47 - 29:47
    >> Director of sales.
  • 29:47 - 29:49
    >> And there have
    been cases where I
  • 29:49 - 29:51
    know definitively
    has gone to the GM,
  • 29:51 - 29:53
    because they're the
    ones that will make
  • 29:53 - 29:54
    the final decision
    of whether
  • 29:54 - 29:56
    a clause that has
  • 29:56 - 30:00
    been suggested
    and the intent
  • 30:00 - 30:01
    of what we're requesting
  • 30:01 - 30:03
    needs to come from a GM.
  • 30:03 - 30:04
    >> So what happens, sorry
  • 30:04 - 30:05
    I'm asking more than I
  • 30:05 - 30:06
    thought you give me that.
  • 30:06 - 30:08
    What happens
    when it goes to
  • 30:08 - 30:12
    a litigious situation
    is it just go
  • 30:12 - 30:15
    directly when the GM
  • 30:15 - 30:18
    when there's
    some infraction,
  • 30:18 - 30:21
    it's being adjudicated by
  • 30:21 - 30:23
    the lawyer of
    the property?
  • 30:23 - 30:24
    >> I would assume so.
  • 30:24 - 30:26
    I luckily knock on wood,
  • 30:26 - 30:27
    and I'm going to
    literally knock on wood.
  • 30:27 - 30:29
    I have not been involved
  • 30:29 - 30:31
    in that front
    line of it going,
  • 30:31 - 30:32
    but it may be because I'm
  • 30:32 - 30:33
    Canadian. [LAUGHTER]
  • 30:33 - 30:34
    >> I don't think so.
  • 30:34 - 30:36
    I know you're
    something else.
  • 30:36 - 30:37
    >> But I know
    that planners
  • 30:37 - 30:38
    like Joan Isenstadt,
  • 30:38 - 30:40
    for example,
    in the States.
  • 30:40 - 30:42
    I know she has been
    professional witness
  • 30:42 - 30:44
    or key witness
    for event hosts.
  • 30:44 - 30:46
    I have not been
    in that position,
  • 30:46 - 30:48
    so I'm not aware of that.
  • 30:48 - 30:51
    But I know that's above
  • 30:51 - 30:54
    my expertise, for sure.
  • 30:54 - 30:55
    >> So let's end
  • 30:55 - 30:58
    with how do people
    get in touch with you
  • 30:58 - 31:01
    and hopefully
    they plan more in
  • 31:01 - 31:03
    advanced as
    opposed to when
  • 31:03 - 31:06
    they have to hire you.
  • 31:07 - 31:11
    >> My website is
    plannerprotect.ca.
  • 31:11 - 31:12
    And the CA is
  • 31:12 - 31:14
    I'm proud because
    it's Canadian.
  • 31:14 - 31:16
    However, I have
    worked with
  • 31:16 - 31:18
    American clients and
    with international.
  • 31:18 - 31:22
    So don't let the CA
    extension scare you.
  • 31:22 - 31:24
    >> It's .com, too.
  • 31:24 - 31:26
    >> No, I don't have .com.
  • 31:27 - 31:31
    But I'm not that
    big yet, David.
  • 31:31 - 31:33
    But yeah, through the web
  • 31:33 - 31:34
    and my email is
    very simple.
  • 31:34 - 31:36
    It's just Heather at
    plannerprotect.ca.
  • 31:36 - 31:38
    And really, what I'd
  • 31:38 - 31:40
    love to have is just
    a conversation.
  • 31:40 - 31:42
    To me, if I can
    at least shed
  • 31:42 - 31:43
    some light and
    share something,
  • 31:43 - 31:45
    it's not all
    about hiring me.
  • 31:45 - 31:46
    It's where can I
  • 31:46 - 31:48
    point you in the
    right direction?
  • 31:48 - 31:50
    I have a feature
    on my website.
  • 31:50 - 31:52
    It's a 15-minute
    complimentary call
  • 31:52 - 31:53
    because I'd
    rather talk you
  • 31:53 - 31:55
    through something
    that you're than
  • 31:55 - 31:57
    feeling you have
    to hire someone.
  • 31:57 - 31:58
    Obviously, I
    would love to be
  • 31:58 - 32:00
    hired and come
    alongside and
  • 32:00 - 32:02
    be a partner,
    but that's not.
  • 32:02 - 32:05
    >> You have a work
    product that you actually
  • 32:05 - 32:08
    do so that they
    would hire you for?
  • 32:08 - 32:10
    >> Absolutely.
    Yes. I actually
  • 32:10 - 32:12
    had a young girl
    here today.
  • 32:12 - 32:13
    Can I get your
    list, and I'm like,
  • 32:13 - 32:15
    that's taken
    me 25 years to
  • 32:15 - 32:18
    curate and for a fee?
  • 32:18 - 32:20
    Yes. [LAUGHTER]
  • 32:20 - 32:21
    >> This has
    been fantastic.
  • 32:21 - 32:22
    Thank you so much,
  • 32:22 - 32:25
    and we'll look forward
  • 32:25 - 32:26
    to seeing how the world
  • 32:26 - 32:28
    changes based on
    what you're doing.
  • 32:28 - 32:29
    >> Well, thank
    you. I have to say
  • 32:29 - 32:31
    such an honor
    to be with you.
  • 32:31 - 32:33
    I have looked forward
    to this event for
  • 32:33 - 32:34
    the specific reasons of
  • 32:34 - 32:36
    meeting you. So thank you.
  • 32:36 - 32:36
    >> Thank you so much.
  • 32:36 - 32:38
    >> David, we're back
    in our podcast studio,
  • 32:38 - 32:41
    and now everyone knows
    to look for the terms.
  • 32:41 - 32:42
    The venue has a right to,
  • 32:42 - 32:45
    and the client must
    notify the venue
  • 32:45 - 32:47
    when were these things
  • 32:47 - 32:48
    that stuck out
    to you before?
  • 32:48 - 32:51
    >> I really took
    mental notes so
  • 32:51 - 32:53
    that I really learned
  • 32:53 - 32:55
    a lot from listening
    to Heather,
  • 32:55 - 33:00
    and it really made me
    think how important
  • 33:00 - 33:02
    this is to our industry
  • 33:02 - 33:03
    and every part of life,
  • 33:03 - 33:04
    really in what you do.
  • 33:04 - 33:07
    And she does it in
    such a nice way.
  • 33:07 - 33:09
    So you think of it less
  • 33:09 - 33:11
    as something that's really
  • 33:11 - 33:12
    an awful thing
    to think about.
  • 33:12 - 33:15
    But she really made
    it fun, actually.
  • 33:15 - 33:16
    >> As an event
    planner, you want to
  • 33:16 - 33:18
    believe that
    your venues and
  • 33:18 - 33:19
    suppliers are partners in
  • 33:19 - 33:21
    your success and
    pulling off an event,
  • 33:21 - 33:23
    but Heather shared
    some horror stories.
  • 33:23 - 33:24
    Can you even
    imagine planning
  • 33:24 - 33:26
    a ballroom meeting
    and having it
  • 33:26 - 33:27
    move to a tent
  • 33:27 - 33:28
    and without even
    a conversation?
  • 33:28 - 33:31
    >> Yeah, well, that's
    why contracts are good.
  • 33:31 - 33:33
    Contracts are your friend.
  • 33:33 - 33:34
    It's true most
    of the time.
  • 33:34 - 33:37
    >> Obviously, on that venue
    part, it's shortsighted.
  • 33:37 - 33:38
    The venue burned
    that relationship
  • 33:38 - 33:40
    with the client and
  • 33:40 - 33:41
    that meeting planners
    going to tell
  • 33:41 - 33:43
    her colleagues
    and friends.
  • 33:43 - 33:45
    But the question that
  • 33:45 - 33:47
    Heather wants us
    to think about is,
  • 33:47 - 33:49
    was this situation
    addressed in the contract?
  • 33:49 - 33:51
    >> Exactly. Well,
    it was interesting.
  • 33:51 - 33:53
    I was watching her,
    she was the keynote at
  • 33:53 - 33:54
    our Go West
    conference that
  • 33:54 - 33:55
    we had in Edmonton
    this year,
  • 33:55 - 33:58
    and you watched everybody
  • 33:58 - 34:01
    paying attention to
    her like their life
  • 34:01 - 34:04
    depended upon it
    because they knew that
  • 34:04 - 34:06
    one tip could be
  • 34:06 - 34:07
    the thing that would
  • 34:07 - 34:09
    save their lives
    completely.
  • 34:09 - 34:09
    >> Well, it's like
  • 34:09 - 34:10
    their jobs depended on it.
  • 34:10 - 34:11
    >> Their jobs
    depended on it,
  • 34:11 - 34:13
    their careers
    depended on it.
  • 34:13 - 34:17
    And it's the thing where
    those details were
  • 34:17 - 34:20
    the thing that you
  • 34:20 - 34:21
    will pull back from
  • 34:21 - 34:24
    your memory banks one
    day when you see it,
  • 34:24 - 34:26
    and it will help
    you tremendously.
  • 34:26 - 34:28
    >> So the idea here is
  • 34:28 - 34:30
    to know what to
    look out for.
  • 34:30 - 34:32
    But if even after
    this podcast,
  • 34:32 - 34:34
    you're still intimidated
    by contracts or
  • 34:34 - 34:36
    your eyes glaze
    over, as you said,
  • 34:36 - 34:40
    David, here's a resource
    for where to turn.
  • 34:40 - 34:41
    >> And there are not
  • 34:41 - 34:42
    many people doing
    what she's doing,
  • 34:42 - 34:45
    which is what I found
    really unique about it.
  • 34:45 - 34:47
    Beth, what is going on
  • 34:47 - 34:49
    at BizBash this spring?
  • 34:49 - 34:50
    > Yeah, we passed
  • 34:50 - 34:51
    the first day of
    spring, happy spring.
  • 34:51 - 34:52
    >> I know happy spring.
  • 34:52 - 34:54
    >> It's a great time to
  • 34:54 - 34:55
    talk about event design.
  • 34:55 - 34:56
    Last week, we published
  • 34:56 - 34:58
    our roundup of design
    highlights from
  • 34:58 - 35:00
    Winter Benefits and Galas
  • 35:00 - 35:01
    from across North America.
  • 35:01 - 35:04
    We're also covering
    DIFAs dining by design,
  • 35:04 - 35:05
    which is co located with
  • 35:05 - 35:07
    the Architectural
    Digest Design Show.
  • 35:07 - 35:09
    >> That is always
    one of my favorites.
  • 35:09 - 35:10
    >> Yes. Well, you can get
  • 35:10 - 35:12
    a preview or anybody
    can get a preview
  • 35:12 - 35:13
    on our Instagram
    and then look for
  • 35:13 - 35:16
    a coverage of that
    coming up this week.
  • 35:16 - 35:19
    >> Great. So before
    we end our podcast,
  • 35:19 - 35:20
    we always like to thank
  • 35:20 - 35:21
    the people that
    put it together,
  • 35:21 - 35:22
    just like we like to thank
  • 35:22 - 35:24
    the people that put
    our events together.
  • 35:24 - 35:25
    So we want to do
  • 35:25 - 35:28
    a nice shout out
    to Claire Hoffman,
  • 35:28 - 35:30
    who does all the
    editorial duties
  • 35:30 - 35:32
    for the podcast and
    Rebecca Pappas,
  • 35:32 - 35:34
    that gets it out there,
  • 35:34 - 35:36
    and Dave Nelson, who
    is our producer.
  • 35:36 - 35:39
    So thank you for doing
    all your hard work.
  • 35:39 - 35:41
    We appreciate
    everything that
  • 35:41 - 35:42
    you do for the podcast.
  • 35:42 - 35:44
    And with that, what
    do we say, Beth?
  • 35:44 - 35:44
    >> Gather on.
  • 35:44 - 35:45
    >> Gather on.
  • 35:45 - 35:48
    >> Thanks for listening
    to today's episode.
  • 35:48 - 35:49
    If you like what
    you're hearing,
  • 35:49 - 35:50
    be sure to subscribe to
  • 35:50 - 35:51
    the podcast on iTunes
  • 35:51 - 35:53
    or your favorite
    podcast app.
  • 35:53 - 35:55
    Where you can be found
    on iTunes Stitcher,
  • 35:55 - 35:56
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  • 35:56 - 35:58
    Google Play,
    and Pocketcast.
  • 35:58 - 35:59
    Be sure to leave us a
    reading and review.
  • 35:59 - 36:01
    It helps others discover
  • 36:01 - 36:02
    the GatherGeeks Podcast.
  • 36:02 - 36:04
    We'd also love to
    hear from you.
  • 36:04 - 36:05
    You can leave
    feedback on Twitter
  • 36:05 - 36:07
    at GatherGeeks or leave
  • 36:07 - 36:10
    us an email,
    gathergeeks@BizBash.com.
  • 36:10 - 36:11
    We hope you'll
    join us again for
  • 36:11 - 36:13
    the next episode
    of GatherGeeks.
  • 36:13 - 36:15
    Until then, gather on.
Title:
How to Negotiate Better Event Contracts (Episode 140)
Description:

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Video Language:
English
Duration:
36:24

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