How much money does it cost you to wake up in the morning?
- If you make 50,000 and want to work 1000 hours a year.. your time is worth $78
- Plan
- LLC
- Website
- How much it cost you to wake up.
- Marketing
- Do the work
- Marketing yourself-
- Believe in you.
- Networking- use your friends.
- Much stronger than networking groups.
- Friends you can trust.
- Friends can also become vendors.
- Make sure they are dependable.
- Micro Manage is bad.
- This frustrates the worker and when your frustrated your work suffers.
- Contracts-
- When dealing with friends a hand shake is okay.
- When dealing with new companies use contracts.
- This shows that you have made a commitment.
- First payment should be 33% of total cost.
- This shows that they are committed as well and this allows you to have cash on hand.
- Once you present them with a working model/draft you charge another 33%.
- This allows you to pay your vendors. Even if the project is scraped you can still pay the vendors who will want to work with you again next time.
- Final 33% is to pay you. This is collected when the project is completed.
No comments:
Post a Comment