I had done some
design work for a company that manufactures apparel for schools and sports programs,
mostly recreating low-resolution logos into more usable vector files. After
several months of paying regularly, they developed a large back debt and I told
them I couldn’t do any more until they caught up. About four months later this
Client: Hi! I believe we owe you money. $X, correct?
Me: (Surprised to hear from them.) Actually, it’s
$X+X, but yes. Great to hear from you.
Client: Great! Well, how about we give you 3%
ownership of our new
company we’re just starting. We’ll need a lot of work done. (The client outlines
what the work would be, from branding through to a complete online store, and mentions
a fee they would pay for my work.) We’ve got a lot of capital set aside to get
everything going and get this off the ground. We’re very excited about where
this can go. How’s that sound?
Me: Why don’t we get caught up on what you owe me
now before we go any further.
Client: Oh, we don’t have the money to pay you right
now, but think of the potential!
Needless to say, I
declined their offer. I’m still waiting for payment.