Does it make sense to work for a percentage of the future profits of the project

It is not so common to find freelancing orders in which the contractor is invited to work for a percentage of the future profits of a particular project or business. In this case, the freelancer becomes a partner and receives his share in the overall idea. Does it make sense to work like this?

Does it make sense to work for a percentage of the future profit of the project

A huge variety of different options and conditions for cooperation are offered on freelance exchanges in our time. This can be payment after some time, when receiving a profit from the project, and even payment by accruing a percentage of earnings through the use of your work. But what is the catch of such cooperation? Is it worth agreeing to this? Let’s find out.

Very often, people come up with ideas that can bring great benefits and, possibly, big earnings. Far from always they arise from those who know how to bring them to life. That’s when people start looking for ways to implement their ideas. Very often they do it on freelance.

What are startups?

Startups are projects that bring unexpected, new, and good solutions to common problems. These are projects that shoot and develop very quickly. This is not a simple business that will slowly but surely increase and gain momentum. A startup can either grow rapidly and bring huge benefits and earnings, or burn out and bring absolutely nothing.

But that’s exactly what they mean. Startups bring together people who are ready to work for an idea. Very often they get nothing in the end, except for experience. But if the idea is good and it has prospects, there is a chance that it will be of great benefit to this team.

When it comes to working for a percentage of future profits, most likely, it is a startup that is meant. The thing is that here, as a rule, the budget is very limited. Or, quite often, not at all. The creators of good ideas do not always have enough money to successfully finance them. That is why they resort to finding employees who are ready to cooperate for an idea, for a percentage of the possible profit from the project.

There aren’t many experienced freelancers out there who would be willing to drop everything and take on a project like this. Many people prefer stable work and earnings. There is certainly something in this, but still sometimes it makes sense to try yourself in this. Even if the project you choose is not particularly successful and does not bring you what you expected from it, you will still receive a very important reward – experience. It is the experience of such activity (non-standard, creative) and work on a rapidly developing and changing project that enables a person to increase the level of knowledge of certain technologies, improve their skills and knowledge.

Dangers of cooperation for a percentage of possible profit

Let’s look at the main problems of such work. What any freelancer may face by agreeing to this:

  • No pay for work. This is perhaps one of the most common cons. If the project doesn’t work out, you just won’t get paid a dime. You work for an idea, if it was unsuccessful or something didn’t work out for your team, no one will compensate you for the damage. Yes, it’s annoying. That is why many freelancers still prefer a stable income instead of such cooperation.
  • The need to combine with other projects. Obviously, if you are not getting paid for your work, you still need to take the money from somewhere. In such conditions, it is very important to find a part-time job in parallel. Otherwise, you may worsen your financial situation. And if this is unjustified and the project does not “shoot”, you will be especially offended.
  • The need to work hard. There are no deadlines in such projects, but at the same time everything needs to be done as quickly as possible. You will have to understand what you did not know before, do complex things and all this in the shortest possible time. You will have to learn a lot and make a lot of effort.

Advantages that can be obtained in a successful scenario

If your idea was good and the project still “shoots”, you will get a lot of benefits. For example:

  • A good source of income. Often such projects bring good profit, perhaps even passive. In such conditions, you will not have to do anything, you will simply earn money on the previously embodied idea.
  • Invaluable experience. The ability to work in a team, learn something new quickly, do complex things in the shortest possible time – all this gives you a good plus and increases your value as a professional. This is where you can gain such skills.
  • New acquaintances. Working in a team of people who embody a common idea, you can find many like-minded people, friends and colleagues in the future. These are not just freelancers, these are people who are ready to do something more than an ordinary assignment for money.

It is very important to choose the right project for yourself, weigh all the pros and cons before agreeing to it. Although it is unlikely that anyone will fully explain their idea. It is valuable as long as it is unique. And, most likely, it is the one who will be the first to bring it to life that will receive good results from it.

You should not participate in projects for a percentage of possible future profits if you yourself do not believe in it. If the idea seems bad to you, and you are not sure that it will work, it is better not to even start work. You simply won’t have the motivation to work, the desire will disappear, and you will only let people down.

It is very important in life not to stand still and move. Working constantly for money is far from the best way out. If you have the opportunity to create something that can then bring you a good income – take advantage of this. But at the same time, do not forget about the usual work. Otherwise, you may simply be left without money. Even if you agreed to work in such a project, combine it with others, payment for which will be immediately upon completion.

When, after many sleepless nights, the diploma is finally ready, I want to pass it and forget it. But the university will not lag behind the student so easily. After all, the full text of the diploma was read only by the supervisor, and a whole commission will gather to evaluate it. Therefore, in many respects, his assessment depends on how a student defends a diploma.

So what is a successful defense?

  • Competent protection text
  • positive diploma review
  • confident answers to commission questions

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

Speech structure

Of course, what exactly to say in the defense depends mainly on the topic of the thesis and on what exactly is written in it, but there are general recommendations that are suitable for everyone.

  • First of all, we need to greet the members of the evaluation committee. (“Dear members of the attestation commission! Your attention is presented to the final qualifying work on the topic …”)
  • Introductory part. Here you need to reveal the topic and identify the issues that are raised in the work.
  • Relevance of the topic. At this stage, it is important to prove the relevance of the chosen topic and the degree of its development in other people’s works. Indicate the subject, object, objectives and purpose of the study.
  • Theme disclosure structure. Here you just need to list the paragraphs that are in the work and briefly describe them.
  • Problem statement. To confirm the relevance of the topic, it is necessary to state the problem and indicate debatable opinions on this matter.
  • Conclusions. At the end of the speech, the commission should hear the conclusions that the student came to in the course of writing the diploma, in which there are ways and methods for solving the stated problems.

On the one hand, it seems that it is much easier to write a graduation speech than the diploma itself. However, high-quality speech is a skillful squeeze out of the work, as well as its competent presentation. And it often happens that a diploma is written with the highest score, and a student gets a worse grade. Therefore, if there is a lack of self-confidence, you can order a speech on our website. And then the probability of failure due to bad speech will disappear. After all, we give a twenty-day guarantee for the work, and if something does not suit you, you can demand that the author finalize the order for free. We make sure that students are satisfied, so if the final version of the work does not meet the stated requirements, you will get your money back.

Formal requirements

When writing a speech for a thesis, you must also take into account that there are purely formal requirements.

  • Time. Do not forget that there are many students, but only one commission. Therefore, the time for a defensive speech is regulated and ranges from 5 to 7 minutes. At the same time, you should remember about the time that will be spent on commission questions.
  • Intonation. Where, no matter how on the defense of a diploma, is it important to win over listeners? Therefore, it is better not to read the speech monotonously, making accents with intonation.
  • Style. When presenting a speech, it should be remembered that the main goal is understanding on the part of the commission. Therefore, you should not be too smart, but you can’t switch to colloquial speech either. In this matter, you need to observe the golden mean.
  • Pronouns. As in the diploma itself, it is important to remember during the defense that although the author of the diploma is clearly spelled out, there are a lot of true owners of knowledge reflected in the work (the authors of all the sources the student relied on plus the supervisor), so first-person pronouns are not appropriate here.
  • Questions. After the end of the speech, questions from the commission will inevitably follow, and you need to be ready for them. Suggested questions should be written down in the course of writing the thesis, work through all the questions that arose during the pre-defense, and you can also look at the questions at the end of chapters from textbooks on this topic.
  • Pre-protection. In such a matter as defending a diploma, it is better not to be presumptuous and neglect pre-defense. On it, you can practice giving a speech and write down possible questions from the audience. This will allow you to feel more confident in the official defense.

Of course, these are only recommendations, and no one forces you to strictly follow them. However, the rejection of some positions during the defense will create additional questions from the certification committee, which is not always loyal. Therefore, it is best to think through all possible questions and answer them in advance in a defensive speech. Then the teachers will have a minimum of questions, and they will be grateful for the saved time.