this post was submitted on 05 Jul 2024
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33% of payment on project start, 66% of payment on demonstration of final product, 100% payment on hand over.
Worst case you get 66% of your payment. Make sure 66% is enough to make the project profitable.
Clear contracts are also important. Fuck you, pay me.
Yes to all this. Mike Monteiro is a hero of mine
Loved that video back when I was contracting. I paid a lawyer to draft up a standard contract and that was the best thing I ever did. Great value for the $$s. Saved my butt a couple of times.
I like that plan because it ends up paying ~~200%~~
edit: 199%