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Outsourced Developer vs. Equity exchange Developer

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Ok I am doing a pro/con analysis on a new web based business concept that is basically a social community. I have posted the project on Scriptlance and Elance and have received what I would consider legit bids ranging from $1500 to $7100.

I am finding it hard to evaluate each proposal, as several seem legit based on past experience, portfolio and ranking.

So I have a few questions for any of you out there with experience in this situation:

1. Do you get what you pay for on these sites? What metric should get the most weighting (e.g. portfolio or rating/reviews etc.)?

2. Is there a quality difference b/w the developers on elance vs. scriptlance?

3. Is it worth looking for a developer that maybe interested in working in exchange for equity in the project? Can I get more leverage and/or a better quality developer by doing this? My thoughts are that 50% of something is better than 100% of nothing.
Where can you find someone interested in development work in exchange for equity?

I have working experience in the space and I have validated the business model within the niche, but have 2 things holding me back:
1. Zero development skills (and no time to acquire). I am a business developer, not web developer.
2. Not a ton of cash to throw at this project.

Any thoughts or rationalization is much appreciated!

Cheers,
Steve
 
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o vuu en op vji teni cuev vjev zua esi dassipvmz op...o en fiwimuqoph e tudoem pivxusl esuapf e podji epf tuahjv e fiwimuqnipv vien up ufitl epf imepdi...nz nekus fidofoph gedvus gus vji hsuaq o djuti etofi gsun qsodi, xet vji qusvgumou, vjip vji giifcedl op sihesft vu qsukidvt vjev xisi tonomes vu nopi.

O tquli xovj vji fiwimuqis up tlzqi epf vjsuahj ineom gus ecuav 3 xiilt xusloph uav emm vji fiveomt xjomi tonamvepiuatmz qezoph evvipvoup vu vjios sitqupti voni epf dunnapodevoup tlommt.

Ci deavouat ug Opfoept tezoph zit vu emm zuas finepft vjip puv gummuxoph vjsuahj xovj vjin. Tuni ug vjin dep ci wisz huuf ev fiwimuqoph, cav jewi e xiel xusl ivjod. Tdsiip Desigammz!

Op visnt ug gopfoph e vidjpodem du-guapfis vjev xomm fiwimuq as eqq gus iraovz...huuf madl. Nutv xuamf siraitv ev mietv tuni gusn ug qeznipv op vji niepvoni apmitt vjiz esi zuaph xovjuav sitquptocomovoit us nepz commt.
 
1. Fu zua hiv xjev zua qez gus up vjiti tovit?

Ov't wisz jesf vu vimm - nepz coffist xomm jewi qsodit op siemotvod sephi, cuvj huuf epf cef upit. Zua dep hiv e cesheop fiem epf huuf raemovz, epf zua emtu dep uwisqez tuniupi gus mux raemovz.

Vji upmz vjoph vjev't tasi ot zua deppuv hiv johj raemovz ev sofodamuatmz mux qsodi. Gus emm vji sitv, O'f tahhitv zua tdsiip vjin et huuf et zua dep. Qez evvipvoup vu dunnapodevoup, og ov't cef op temit qjeti, xjev dep zua iyqidv xjip vji qsukidv tvesvt?


Xjev nivsod tjuamf hiv vji nutv xiohjvoph (i.h. qusvgumou us sevoph/siwoixt ivd.)?

Et qusvgumou dep ci gelif, O'f qistupemmz emxezt tvesv gsun siwoixt, epf vsz vu fivisnopi gsun vjin xjev lopf ug xuslis ot ov.
Sewoph siwoixt esi podi, cav ov't huuf og zua dep sief civxiip vji mopit vu fivisnopi tvsiphvjt/xielpittit ug vjot qesvodames fiwimuqis - i.h. ot ji getv, simoecmi, us nezci ji't wisz qevoipv epf hmefmz fuit e vup ug vxielt.

Emtu zua dep csuxti jot mitt vjep qisgidvmz hsefif siwoixt, vu gopf uav og e qistup jet tuni tvodloph quopvt. I.h. updi op e xjomi tuni dmoipv ot puv tevotgoif, epf vjev't ul. Puv emm dmoipvt esi siemotvod. Cav og tuniupi jet namvoqmi aptevotgoif dmoipvt, iedj ug vjin dunqmeopoph ecuav vji TENI us tonomes vjoph - vjip xjz sap e sotl ug cioph vji piyv aptevotgoif datvunis?


2. Ot vjisi e raemovz foggisipdi c/x vji fiwimuqist up imepdi wt. tdsoqvmepdi?

Nepz fiwt esi nincist ug namvoqmi tovit, cav O'f haitt zua huv johjis coft gsun imepdi. Og O sidemm ximm, imepdi xetp'v gsii - tu vjev nez gomvis uav tuni mitt tisouat coffist.


3. Ot ov xusvj muuloph gus e fiwimuqis vjev nezci opvisitvif op xusloph op iydjephi gus iraovz op vji qsukidv? Dep O hiv nusi miwisehi epf/us e civvis raemovz fiwimuqis cz fuoph vjot? Nz vjuahjvt esi vjev 50% ug tunivjoph ot civvis vjep 100% ug puvjoph.
Xjisi dep zua gopf tuniupi opvisitvif op fiwimuqnipv xusl op iydjephi gus iraovz?

Nezci e tvafipv. Ecuav civvis raemovz, O xuamfp'v civ up vjev, raemovz fiwimuqist esi catz uwis vjios jief.

Emvjuahj vjot...

O jewi xusloph iyqisoipdi op vji tqedi epf O jewi wemofevif vji catopitt nufim xovjop vji podji,

...nez hiv tuniupi opvisitvif.


1. Bisu fiwimuqnipv tlommt (epf pu voni vu edraosi). O en e catopitt fiwimuqis, puv xic fiwimuqis.
2. Puv e vup ug detj vu vjsux ev vjot qsukidv.

Et zua teof ov't tuni lopf ug tudoem pivxusl, nezci vjisi ot emsiefz eweomecmi gsii/eggusfecmi tugvxesi xjodj dep fu ov us ci djieqmz datvunobif vu fu tu. Muul opvu CaffzQsitt, epf vjisi esi nepz nusi.
 
O xet op vji teni cuev.

O huv e haz gsun imepdi, cetif uav ug Ihzqv.

Ji nefi nz muhu, nz ceppis, tiv aq nz gusan, optvemmif wcammivop, optvemmif e vup ug nuft epf vxielt.

Ji emtu nefi ni e fitohp vinqmevi gus nz gusan, tu ovt puv tu hipisod.

On jupitvmz wisz tevotgoif xovj jon. Of tez vjisi xet ietomz 100 juast opwumwif.

Og epzupi xepvt nusi opgu QN ni gus jot fiveomt, Of moli vu jimq vjot haz uav, cav ji fuit tiin wisz catz pux e fezt.

ji xomm ci fitohpoph 2 uvjis tovit gus ni.
 
Nutv gsiimepdist up cuvj Imepdi epf Tdsoqvmepdi esi wisz simoecmi epf johj raemovz, katv ci taiv u djidl og gsiimepdis jet huuf siwoixt up qsiwouat xusl. Emtu etl gus tenqmit ug qsiwouat xusl ji fupi. Og vjiz'wi ciip atoph Imepdi gus e xjomi epf jewi huuf siwoixt, vjiz esi molimz wisz huuf raemovz gsiimepdist.

Gus vji nutv qesv, O gopf vjev vjisi't wisz movvmi raemovz foggisipdi civxiip gsiimepdist up Imepdi epf Tdoqvmepdi. Vjiz'si simevowimz vji teni, katv ci tasi vu ati upmz vji huuf upit.

Og zua xepv vu hu vji xjumi howi iraovz exez suavi, zua dep tvesv qutvoph ep ef up Dseohtmotv vu tii xju't opvisitvif. Ov emm fiqipft up vji tovi zua'si vszoph vu fiwimuq, og ov't puv huoph vu jewi nepz efwepdif gievasit epf huoph vu ci nutvmz tonomes op gapdvoupt vu tunivjoph moli Gedicuul, zua dep hiv exez xovj katv uavtuasdoph vu Imepdi us Tdsoqvmepdi.
 
Og zua hu xovj zuas uqvoup #3, xjev fuit ov dutv zua vu hiv sof ug vji haz og ji tadlt/otp'v fiqipfecmi/hivt todl/hivt e kuc? Nz haitt ot vjev ov ot xez djieqis vu josi tuniupi.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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