That moment changed everything about staged drawdown: explained like I'm five (and after three failed deals)

https://knoxlfrd046.yousher.com/how-a-first-time-developer-chased-a-1-2m-project-and-hit-a-wall-then-found-a-way-through

I blew three deals before I actually understood staged drawdown. Each failure cost me time, credibility and a chunk of deposit. The fourth time I got it right, the project finished on time, the contractor stayed, and the lender didn't panic