Hi everyone! Wanted to reach out to my Ghostwriting Cash students today because someone sent me an email that I need to let you learn from, too.
The ghostwriter was on Elance when she was invited to bid on a project. I’ll change up the details to protect identities, but basically (this is common) – she was offered a VERY low up front payment with a percentage of the future earnings of the product. The project was HUGE too. So it basically boils down to earning about $1.33 per page – for GHOSTWRITING, not PLR.
I hate reading these offers. I remember them from my days on Elance. They’re common. Chances are, someone has offered that deal to you – or they will.
Here’s why I get annoyed with this:
Nine times out of ten, this is someone who has been “taught” by seedy gurus that they can weasel their way out of freelance fees by offering this kind of deal.
They have zero intention of paying you a fair share of the earnings.
YOU have zero control over whether or not they properly promote the product. What if they launch and no one buys? Enjoy your $1.33 per page then.
Do you have money for a lawyer to draw up paperwork for the legal arrangement? Do you have money to sue if they violate the agreement – or ANY way whatsoever to check on the sales in the first place?
This is WAY more hassle than it’s worth – and it’s most likely just a way for a cheapskate to get some cheap writing. But unfortunately, many of these guys make themselves look like proper marketers – or companies with lots of books on the market. Unless it’s a household name like Harlequin or something, SAY NO!
Saying yes? Well, you might as well find a barrel, bend over it say, “Okay I’m ready!” Because you are about to get screwed royally.
So here’s what you say instead:
“I’m sorry but I don’t bid on projects where shared royalties are involved. There’s no way for me to monitor and ensure proper product promotion, and it requires a lot of legal paperwork to set things up. I only work on an upfront per page basis. But thank you!”
Save yourself a lot of time, energy and frustration. Wait for clients who have money to pay upfront. And one more thing – many of these guys are just testing you. If you’ll go for it – they’ll LOVE to pay you some crappy amount for writing. But if you say no, IF they really want to hire YOU specifically, they will reply with, “Okay we can do that – go ahead and bid for the full project!”
If that “company” or “marketer” is so successful as they’re probably claiming, then they WILL go ahead and pay upfront. If they offer shared royalties, it means they’re broke.
…and THAT’S that you want to take a chance on?
Hope this helps you guys protect yourself. I hate seeing my GWC students get offered deals like this.