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How to handle getting screwed or betrayed:
P.S. I like when we film these videos at the Capitol building!
My car was stolen a month ago! I laughed too.
I was and still am totally amazed at how many normal, sane-appearing people will simply not pay you for something you clearly agreed on, will really drag their feet, or argue tooth and nail over $2 in an itemized invoice for a $2000 website or something. Great tips.
Next time take a video of them during the agreement signing. Just told a lawyer friend about this, and she even said, “Wow, that would be awesome….never thought about it”
Thanks for the tips guys. So true about picking and choosing battles as not all are worth fighting.
VERY true. Sometimes the $80 or something small isn’t worth it. OTHER TIMES however even a small amount is worth depending on the situation.
YES! I’d so much rather spend the time I might spend fighting someone over a few thousand bucks on securing new business…
The other golden nugget here is to always use these kinds of situations as learning experiences – you can almost always look and see some place where you can tweak your processes or policies that will protect you in the future. Love the idea of the video!
I like having clients pay me 50/50 upfront/completion. That way at least a little money is had before doing a bunch of work and not getting payment.
Yep – That’s how I roll too, depending on the total project budget – I have been known to do 33%-33%-33% if it’s a big budget project, and typically I don’t deliver final product until the lat amount is paid in full. I mean shit – You’d never get a Mercedes dealership to give you a car without full payment right? (financing doesn’t count – that’s usually 3 party anyway!)
Good attorney’s make you money in the long run, not only because they fix things when they go wrong, but because they prevent you from making the mistakes that lead to betrayal. You’ll have contracts that are well thought out and have clear expectations for both parties, not just the service provider. Not only that, but your attorney has probably seen enough business deals go right and enough go wrong that they can advise you on strategy as much as they can the law.
I learned this the hard way. A two year business partnership went sour when my client decided not to pay. With a decent contract in place on day one, we’d still be making money and we’d probably still be friends.
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