3 SUCCESSFUL WAYS TO GET PAID BY A CLIENT WHO HAS “NO MONEY” - Deepstash

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3 SUCCESSFUL WAYS TO GET PAID BY A CLIENT WHO HAS “NO MONEY”

thedigitalcatalog.blogspot.com

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 o...

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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 ...

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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 ...

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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 b...

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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...

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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

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Credit management is my biggest lesson for the past 24 months. I personally lost $6, 000 to a client in Malta because of a lack of good business credit management on my part. I don't want you to make the same mistake.

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