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Let It Go by Stephanie Shirley, framework 2 of 7

Gearing

A way to match what you pay freelancers to when the client pays you.

Stephanie Shirley's framework, from Let It Go, pp. 77 to 90.

Link payment to the job
Pay each programmer only when the client has paid for that job.
Add a safety net
Pay anyway if the client has not paid within three months.

From chapter: 8. Growing Pains, pp. 77–90

More from this book

All 7 frameworks

Framework 3 · Leadership Staged handover to staff ownership The route Shirley took from founder owned firm to a staff owned one.
Framework 4 · Leadership The F International Charter of 1984 A seven value statement that bound a dispersed, largely independent workforce to one ethos.
Framework 5 · Offers and pricing The Big Bang sale to the workforce A one off transformation of ownership designed to make staff think of it as their company.
Framework 6 · Systems and operations Daily Life Therapy The Higashi approach to educating autistic children towards independence, built on three pillars.
Framework 7 · Money and finance Shirley's approach to strategic giving A set of choices she refined over the first years of The Shirley Foundation.
Framework 1 · Offers and pricing Phase gated process control A quality and planning system that let a distributed freelance firm report real progress and offer fixed prices.

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