ALWAYS TAKE MONEY UP FRONT! as a freelancer

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Damian Mathew

Damian Mathew

Күн бұрын

Пікірлер: 36
@wieshak
@wieshak Жыл бұрын
Well I agree 100%, lately I experienced something like this myself, after a month of work client said he won't pay. Always take money up front from now on.
@denislaubert988
@denislaubert988 Жыл бұрын
Cannot comply with that opinion. You deal with the wrong clients tho. Have yourself a contract up with your client is the professional way, period. This is what a good made up offer is for. B2B works not like B2C as you come up with your MacBook example. Not the way to do it unless you want to loose clients. It's a give and take thing and one of the most critical parts is to comfort a client to be relaxed and make him know you are taking care about their problem - not to tell them I want money first! You can tell him I take 30% in advance (again which should be written in the offer) for expenses you may have but that is something only necessary when you really struggle with your business.
@DamianMathew
@DamianMathew Жыл бұрын
Yes I agree on all points. But for what I am doing now, I can’t run after clients and definitely cannot go to court, especially not in foreign countries. But the last 10 years I did exactly that. And 9/10 clients will also push for exactly that. But I can’t do business like that anymore. But generally it does work to pay after. But I really think paying upfront is better and for me now it’s worth losing a client if they are not ready to pay up front. I don’t need a client that considers maybe not paying. Edit: And project size makes a relevant difference. I would not take money for more than one month up front. Maybe should’ve mentioned in the video.
@NIXO3D
@NIXO3D Жыл бұрын
Exactly👍🏾 I always take 50 percent first and do 50 percent of the work, Then do the other 50 if they give the rest. This is the best way to avoid scams.
@raw_pc
@raw_pc Жыл бұрын
50% upfront is the easiest deal to get. You always need to get some advance payment when you are working with someone new for the first time. The risk has to be shared by both sides. It's just fair. However if you know your client and they always pay on time you can do some exceptions from this rule if they ask.
@animationoverload750
@animationoverload750 Жыл бұрын
Sounds like you got burnt by a client bruh, lol. But I agree 💯. I don't even dare not to get paid before any project. Nah!
@DamianMathew
@DamianMathew Жыл бұрын
Let's say one too many. It especially happens in the 500-5k Budgets. Since the last years I rarely did anything under 10k and now that I'm scaling on many smaller projects, I am encountering it too often. Like is used to be annoying, but now it's becoming damaging. And I hate how common it is, to pay after. Like it's the most normal thing in the world, even though it should not be.
@animationoverload750
@animationoverload750 Жыл бұрын
@@DamianMathew I couldn't agree more Damian. I have also been 'Scorched' by 'clients from hell' a couple of times. Now I usually request for 60% upfront if the client isn't comfortable with paying 100%. But as you said, I always insist the balance should be paid before the final delivery, No BUTs, No WHYs. I think we creatives should normalise this upfront concept and stay in control. Great video bruh.
@maximboichenko3691
@maximboichenko3691 Жыл бұрын
This is how mafia works
@l.3626
@l.3626 Жыл бұрын
The best best way is if you can build a reputation somehow, so people can 100% trust you, so if they are seriously interested in the work they can easily pay 100% upfront. Happy new year everybody
@DamianMathew
@DamianMathew Жыл бұрын
Yes! Just for me now getting new clients it’s hard. But latest on the second round there are no issues.
@SteveWarner
@SteveWarner Жыл бұрын
It depends on the client you're working for. Larger clients with larger budgets typically do not pay up front. I've done projects in the $80,000 range and there was no way the client would pay up front, but I did get paid immediately after the project was done.
@DamianMathew
@DamianMathew Жыл бұрын
Yes 100%. Issue is when I worked for Byton, they went bankrupt. So even there it does not always go well. But the thing is they could pay up front, but they just decide not to, to keep them selves safe.
@technofeeliak
@technofeeliak Жыл бұрын
​@@DamianMathew I've heard stories like this too. Big productions, trying to cut corners, paying only those who complain the most. And the rest are ripped off. I think Damian is right to say, you at least do the work in parts. So, if you spend a whole week on a much lager project that will take a year, maybe you get paid that week. Maybe you get paid every two weeks. Maybe it's monthly. But you get paid before it becomes more than a month. Otherwise, you're literally working for free. And unless you want to go to court, unless you've documented the hours you put in, and kept a fresh and accessible contract at hand, and recorded all of your phone calls, and cataloged all of your email and text message interactions, you won't even be able to make a claim. A lot of disingenuous people count on your laziness, on your lack of organization, on your lack of will, to save them money. And that doesn't change with bigger projects or studios. Surfing a little online you can find all kinds of stories. So I think the recommendations made in this video are simple and will save you a lot of grief. But, if you want to gamble with your time to get a much more profitable contract, then there has to be a better way to negotiate than just to accept working for nothing.
@motionislive5621
@motionislive5621 Жыл бұрын
100% true
@fortytwo244
@fortytwo244 Жыл бұрын
I've done on and off freelance work for the last 10 years and never have they ever paid me before starting the work... it never works like that, the companies or people I worked for would laugh in my face if I asked for upfront pay
@anubhavrathore47
@anubhavrathore47 Жыл бұрын
Woah I am late today to watch it. It's morning now today up here in India. Love you bruh
@Olivvierrr
@Olivvierrr Жыл бұрын
Oh really? Last time You've said "If you have to take money upfront because You don't trust the client You should not work with this client at first place"xD
@DamianMathew
@DamianMathew Жыл бұрын
Yes 😂 At the time I worked for very big companies, so I never ran into that issue. But now doing alot of 1-5k budget, scams occur way too often. But also on trust, if they pay upfront, I guess your good to go. But I do admidt I really changed my mind on this.
@Olivvierrr
@Olivvierrr Жыл бұрын
@@DamianMathew They never pay all in advance. Many scamers usually comission the same project to several artists and then choose the best one. You should always take some kind of advance unless you know this person personally and send watermarked work first of course.
@aahritya_tv
@aahritya_tv 7 ай бұрын
@@DamianMathew now that makes entire sence
@dilpreetvfx
@dilpreetvfx Жыл бұрын
agree
@IridiumZero
@IridiumZero Жыл бұрын
You will get taxed on the loss as well if you've billed them and they don't pay.
@DamianMathew
@DamianMathew Жыл бұрын
In germany luckily that is not the case. Only once you received the money, you actually pay tax. Worst case you billed them, paid tax, but would get the tax back once you say it got canceled, and they will not pay.
@jonathancuvelier3495
@jonathancuvelier3495 Жыл бұрын
Would be awesome to have a more in depth video how to approach big clients to sell 3D Product animations or renders for their business. Do you contact these clients directly with cold email/calling? Or do you work with marketing /communication agencies for that? I think a more in depth sale/bussiness video would be really interesting for a lot of people :)
@demkee222
@demkee222 Жыл бұрын
🔥
@traderz13
@traderz13 Жыл бұрын
When you were waxing like a big dog, telling all your little friends to work for free and TRUST the clients i had to laugh and think….lets see when he will wake up. Nice to see you can admit when you are WRONG. Well done. Wonder how many of your followers got screwed in the meantime. Hope not too many.
@DamianMathew
@DamianMathew Жыл бұрын
Funny thing is, for 10 years I always did after pay. Only one time a company went bankrupt, else i never lost money. But since I moved to more smaller clients the last year, the scam scale skyrocketed. So it really is a type of client that likes to not pay somehow.
@Misaqcieli
@Misaqcieli Жыл бұрын
" Your money or your life !"
@anubhavrathore47
@anubhavrathore47 Жыл бұрын
Where are you bruh?! No videos since long....
@MersadieOlit0n
@MersadieOlit0n Жыл бұрын
where are u dude after 2 years this world finally making sense & i need your guidance was about to start a youtube channel to replace you
@DamianMathew
@DamianMathew Жыл бұрын
DO IT! Everyone should do youtube. This semi small channel changed alot for me.
@victoruyo4906
@victoruyo4906 Жыл бұрын
Hey...I've been looking for a link too your discord server ..can't find it
@anubhavrathore47
@anubhavrathore47 Жыл бұрын
But where can I freelance bro 🙄😳?! And how much one can make there?!
@umerali9315
@umerali9315 Жыл бұрын
what is your Instagram?😅
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