Comments on: Fixed-Price Money Matters http://odeskinsider.com/blog/fixed-price-money-matters/ Freelancing is more fun with oDesk Tue, 17 Jan 2012 05:09:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Camille http://odeskinsider.com/blog/fixed-price-money-matters/comment-page-1/#comment-468 Camille Thu, 02 Oct 2008 13:28:28 +0000 http://www.odeskinsider.com/blog/fixed-price-money-matters/#comment-468 I have not worked on a fixed-price project yet but I will surely keep your advice in mind. :) I have not worked on a fixed-price project yet but I will surely keep your advice in mind. :)

]]> By: Doreen Martel http://odeskinsider.com/blog/fixed-price-money-matters/comment-page-1/#comment-68 Doreen Martel Thu, 28 Feb 2008 15:55:05 +0000 http://www.odeskinsider.com/blog/fixed-price-money-matters/#comment-68 I have approached this in a slightly different manner (though it comes out in the wash I guess to be 'incremented payments'). If I decide to post for fixed rate jobs these days (and I try not to, I prefer the hourly model) to get a few extra $$'s in my cover letter I indicate to the buyer that I prefer the hourly model and will guarantee a certain number of hours to complete the project. If they accept that I'll do the job in a fixed amount of time (what I do is I take their budget and divide into my hourly rate) and if I 'run over' on time I eat that time. I've done this twice and both times have been successful for me. The buyer likes it because they're not going over-budget and you're guaranteeing completion. I have approached this in a slightly different manner (though it comes out in the wash I guess to be ‘incremented payments’). If I decide to post for fixed rate jobs these days (and I try not to, I prefer the hourly model) to get a few extra $$’s in my cover letter I indicate to the buyer that I prefer the hourly model and will guarantee a certain number of hours to complete the project.

If they accept that I’ll do the job in a fixed amount of time (what I do is I take their budget and divide into my hourly rate) and if I ‘run over’ on time I eat that time. I’ve done this twice and both times have been successful for me. The buyer likes it because they’re not going over-budget and you’re guaranteeing completion.

]]> By: Nelson Manning http://odeskinsider.com/blog/fixed-price-money-matters/comment-page-1/#comment-65 Nelson Manning Wed, 27 Feb 2008 20:22:51 +0000 http://www.odeskinsider.com/blog/fixed-price-money-matters/#comment-65 It's on the buyer's end. If they agree to a milestone system, you tell them that you are going to do X work for Y money. Then, they have to submit a partial payment towards the total balance. I scoured the oDesk community for a bit and found these instructions for the buyer to submit a milestone payment: You can make a partial payment by going to: --> "Buyer Console" --> "My Assignments" --> Click the "View" button next to the assignment in question --> Click the link "Make Payment" You can then make a partial payment and keep the job open. Let me know if you have any additional questions. Thanks, Ron oDesk It’s on the buyer’s end. If they agree to a milestone system, you tell them that you are going to do X work for Y money. Then, they have to submit a partial payment towards the total balance. I scoured the oDesk community for a bit and found these instructions for the buyer to submit a milestone payment:

You can make a partial payment by going to:

–> “Buyer Console”

–> “My Assignments”

–> Click the “View” button next to the assignment in question

–> Click the link “Make Payment”

You can then make a partial payment and keep the job open.

Let me know if you have any additional questions.

Thanks,

Ron

oDesk

]]> By: William Morrison http://odeskinsider.com/blog/fixed-price-money-matters/comment-page-1/#comment-57 William Morrison Mon, 25 Feb 2008 04:48:21 +0000 http://www.odeskinsider.com/blog/fixed-price-money-matters/#comment-57 I've used milestones at elance. They work especially well for projects that have no firm end state. Say you are writing a series and getting paid weekly. You just modify the milestones as you complete work, get paid and then take on the next weeks work. I didn't know oDesk had milestones either. How do I use them? I have a project now that extends over a month that I would like to milestone my way to partial payments as I go along. This would really help solve the fixed-price dilemma. I’ve used milestones at elance. They work especially well for projects that have no firm end state. Say you are writing a series and getting paid weekly. You just modify the milestones as you complete work, get paid and then take on the next weeks work.

I didn’t know oDesk had milestones either. How do I use them? I have a project now that extends over a month that I would like to milestone my way to partial payments as I go along. This would really help solve the fixed-price dilemma.

]]> By: Alfa http://odeskinsider.com/blog/fixed-price-money-matters/comment-page-1/#comment-52 Alfa Sat, 23 Feb 2008 14:53:20 +0000 http://www.odeskinsider.com/blog/fixed-price-money-matters/#comment-52 I'm a fan of the fixed-priced projects and I make sure that there's at least 50% deposit before I start working. But I've never used the milestone payments system yet. How does that work with oDesk? I’m a fan of the fixed-priced projects and I make sure that there’s at least 50% deposit before I start working. But I’ve never used the milestone payments system yet. How does that work with oDesk?

]]>