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2/ Many newbies agonize over project-based vs. hourly vs. risk-share. Those are simple to decide among based on nature of work.
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3/ Real problem: caste system. <$150/hr signals interchangeable mass-market. $150-200 signals entry-level USP, inexperience discounted.
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@calitalieh Gain sharing/equity simply leads to Bain-style gaming of "performance" metrics unless relationship is till death-do-us-part.
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@calitalieh For consulting to even get off the ground, client has to frankly see value in a perspective that does NOT have skin in the game
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@calitalieh Yeah, unless impact is clearly separable, quantifiable (example landing page redo, measured lead-gen rate increase)...
@calitalieh ...so-called "outcome" based compensation is pure false-sense-of-security that just invites pump-and-dump gaming.
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@calitalieh Pick 2 of 3: Unlimited scope of engagement, undefined end date, bounded risk of gaming :) (I think I got that right)
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