Personally, I see fixed price jobs as a misunderstood creature in the oDesk marketplace.
It actually has a few advantages over hourly work, but many contractors still feel anxious about it because of absence of the dearly beloved payment guarantee.
I wrote a post a year ago sharing a couple of tips when dealing with fixed price jobs. Today, another post on the topic is up on the oDesk blog that offers more tips for oDesk contractors who are working (or are about to work) on fixed price projects.
Some of the tips you’ll find include making more accurate project estimates, asking for a percentage of the pay upfront, and doing a bit of detective work on your client before accepting his project.
I hope these tips will give you more courage to take on fixed price jobs. Who knows, you might actually enjoy working on a fixed price basis more than working by the hour.
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