3 SUCCESSFUL WAYS TO GET PAID BY A CLIENT WHO HAS “NO MONEY” - Deepstash
How to Manage a Hybrid Team

Learn more about career with this collection

How to balance flexibility and structure in a hybrid team environment

Understanding the challenges of managing a hybrid team

How to maintain team cohesion

How to Manage a Hybrid Team

Discover 61 similar ideas in

It takes just

9 mins to read

Promises Of Clients💲

Promises Of Clients💲

Every freelancer has heard the pitch from clients about “no money now, but there will be later”, “help start my business and you’ll be my ‘go-to’ person in the future”, or “when things get going, you can charge more and make up your lost fees”.

These promises are of course lies! Every business has money. The trick is, getting them to part with it. Here are some handy ways of creative billing and other methods for turning a cheapskate into a great client… who pays your invoice!

14

103 reads

Real ways to get paid

Real ways to get paid

You’ll know whether the prospective client is just cheap, or doesn’t actually have any money for design within the first few moments of your first meeting. If they are cheap, They’ll tell you why you should be working for free. Whatever you say next in defense of your need to be paid will be met with one of these two reactions:

An angry threat that they can get an art student to do the work for free.

They will be interested in what you have to say because they truly do respect you as a freelancer and never thought of other ways you could be paid a fair fee for your work.

13

92 reads

1) BARTERING

1) BARTERING

Bartering a fee may include:

Trading work for office space. This is fairly common. Many freelancers want an official office space that has a conference room, receptionist, better address for a more professional appearance, and other people around.

Trading for hard goods, such as groceries, office supplies, equipment or any goods the company manufactures or sells. Trading work for “exposure” is one of those lies many free work-seeking clients use. You have to weigh how much exposure is gained/work you might get vs the work required of you.

14

84 reads

2) INVESTMENT

2) INVESTMENT

Investment credit and a percentage of the company:

If you argue about having to provide thousands of dollars to use your design work to help build up a startup, you might demand a percentage of the company itself, just like those who have invested financial funds. And you will have these benefits:-

  • You are legally a partner.
  • You have access to company records to make sure you are being paid your true percentage.
  • You can’t be bought out of your percentage for pennies on the dollar.
  • You have limited liability so you won’t be the only partner being sued, or going to prison if the startup fails.

15

60 reads

3) EXTENDED PAYMENT

3) EXTENDED PAYMENT

Extended or deferred payment can assure you of a legally binding way of recovering fair payments down the road. This can include:

  • Invoicing for the full fee, but giving an extended payment time of several months.
  • Invoicing for the full fee with tiered payments spread out over a longer period of time.

Invoicing for the full fee, with the intention of claiming the unpaid fee as a tax loss for a tax break (check with an accountant for how much you can legally claim on your taxes – accountants, like lawyers, also never seem to work for free.

14

47 reads

Conclusion

Conclusion

Naturally, being paid in full and in a timely manner is the ideal situation, but in the freelance business, sometimes you have to think quickly on your feet when provided an opportunity that may seem to be a scam to start off, but end up truly being an opportunity… just like the client promised you, but not with “rich friends”, “exposure”, or possible “lots of money later”… at least not without the mentioned contract!

13

56 reads

CURATED BY

crt7

🙋Am a self taught Digital Creator , Editor 💻 from India 🇮🇳 , as well as a Technologist and a COD Gamer 🎮. Interested in learning📒 new things always for keeping up with the trend .

More like this

6 ways to get paid faster

7 ideas

6 ways to get paid faster

blog.freelancersunion.org

How the SWIFT System Works

10 ideas

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

5,740 Reviews

App Store

4.7

72,690 Reviews

Google Play

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates