Some Free Advice…

I’ve learned many things by trial and error in my career, but when I was asked to write a pithy statement to the question of: “What insight have you learned over the years that you wish you had known, or would recommend to anyone else if they were just starting out in business?”

Here’s my response:

“Don’t start a project before you both have signed a summation of exactly what is expected to be performed and how each is to be compensated and when. This summation is not a contract drawn up by some legal department or subject to it. Rather it should be a written document on points already agreed upon so that if terms change midstream you may stop performing all duties till you once again both have a clear understanding of the changes to continue in good faith. If not you risk doing work you may never be able to collect on.”

© 2012 Mark St.Cyr, All Rights Reserved