11–20 of 52 posts
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
Sorry to tell you this, but you picked a terrible time to start contracting. I'd start on Upwork and see if you can get any bites on there. Also, I personally wouldn't use the US LLC if you don't live in the US--that would be a huge red flag for me as a potential client. Contracting is all about trust, and you want your business to appear as solid as possible.
Upwork is international and you're competing with millions of people willing to work for $5/day, are you not?
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
No explanation, just downvotes? Standard Stripe fees on $250k revenue: - 2.9% + 30¢ per charge - Assume net-30 invoices - Total fees: 2.9% * $250k + 30¢ * 12 = $7,253.60 - Stripe can freeze your money arbitrarily and indefinitely Standard USDC fees on Solana: - Less than 1 cent per transaction - Total fees: < 12¢
Why would other contractors tell you where to get their business?
Because they have too much business to actually deliver, and would get a cut if you did some of the work for them; it's called subcontracting, and it's very common.
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
No explanation, just downvotes? Standard Stripe fees on $250k revenue: - 2.9% + 30¢ per charge - Assume net-30 invoices - Total fees: 2.9% * $250k + 30¢ * 12 = $7,253.60 - Stripe can freeze your money arbitrarily and indefinitely Standard USDC fees on Solana: - Less than 1 cent per transaction - Total fees: < 12¢
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
It's hard enough to get clients, but then to have to say.. oh, also please use this other payment system which I will likely have to walk you through setting up once you clear it with accounting?
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
For the most part big companies won't be paying via stripe anyway, but even if they did want to pay on credit card they certainly won't want to pay with cryptocurrency, even if it is a stable coin.
I've accepted hundreds of thousands of USDC in revenue in other ventures.
I've also wired and accepted wires for similar amounts. Each time I get a call from the bank and it takes a half a day at the very least. Sometimes it takes weeks to unfreeze my money in various payment processors.
On chain, it's faster. It's cheaper.
One of the thing these guys will spend a lot of time on is staffing, e.g. if/when they win a deal, will they be able to service it. Freelancers who can be relied upon are extremely valuable for this individual because they can trust you to do you job well but they don't have to carry your full expenses, just your billable rate.
Sorry to tell you this, but you picked a terrible time to start contracting. I'd start on Upwork and see if you can get any bites on there. Also, I personally wouldn't use the US LLC if you don't live in the US--that would be a huge red flag for me as a potential client. Contracting is all about trust, and you want your business to appear as solid as possible.
> I'd start on Upwork and see if you can get any bites on there. Upwork is international and you're competing with millions of people willing to work for $5/day, are you not?
Stripe takes a hefty cut. Use USDC. Costs a fraction of a penny and settles in less than a second.
No explanation, just downvotes? Standard Stripe fees on $250k revenue: - 2.9% + 30¢ per charge - Assume net-30 invoices - Total fees: 2.9% * $250k + 30¢ * 12 = $7,253.60 - Stripe can freeze your money arbitrarily and indefinitely Standard USDC fees on Solana: - Less than 1 cent per transaction - Total fees: < 12¢