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The following post may seem long, but I really appreciate feedback and advice about what I am sure is a common dilemma in this community.
My best friend and I have done some hoop performances together, and have always split the $$$ 50-50. However, she recently told me that she wants to change our arrangement. She wants what she called a "standard finder's fee", whereby the hooper who actually gets the gig (thru promoting and networking) takes 60% of the money, and the other one of us would get 40%...the thing that really bothers me, however, is that she also wants the hooper who got the gig (and gets 60%) to have what she called "exclusive promotion rights" that night, meaning: that if she gets the gig, she gets 60% of the $$$ AND the "right" to handout her card, whereas I would not be able to hand out my card that night. (and vice versa)
Now, this girl is my best friend and I love her, so we both agreed to sit down and lay out our sides of it. Here are my problems with what she is saying:
-the money should be split equally if we are doing equal work
-as for the cards, we should both hand out our cards, anytime anywhere. this is especially true b/c I am the only one out of the two of us who makes and sells hoops (she never has, and I made her hoops for her). When i asked her how she would handle someone approaching her for a hoop order, she suggested that she would pass the order on to me, and then TAKE A CUT of the hoop money. i am NOT cool with this as it is my materials and labor at work. also, i ordered professional cards long ago, whereas she only made hers last week on the computer, and i also am the only one of us who maintains a hooping website for my business.
-though she is a great hooper with her own style and all, I have put much more into my hooping so far in the sense that I have: travelled to NC TWICE for hooping retreats and to learn from the best, i have been making all types of hoops for months (including LED ones for her and I!), I have gone into NYC for classes, etc etc....I am also planning to do a teacher training asap. She, though great, has only hooped and studied with me, and performed a couple of times with me.
The true irony in this is that, we haven't even made enough money to be squabbling over it! We have made less than $100 collectively from gigs! I make more money from hoop making, which is my work alone. I think, b/c she has not studied with the "greats" as I have, she does not really realize yet how far we have yet to go, and what novices we really are (I hooped for 6 months, she for 4 or 5).
Ultimately, I am thinking that for the sake of the friendship we should go our own separate ways when it come to hooping and anything revolving around $$$$$. Though I don't WANT to be competitors, I cannot agree to the arrangements she has suggested. She seems to want very much to profit from hooping, and i have slightly different goals. Sure, money is great, but i don't want any negative energy creating blocks on my hoop path. i think it may be time for our hoop paths, but not our friendship paths, to diverge.
Any feedback is WAY appreciated!
My best friend and I have done some hoop performances together, and have always split the $$$ 50-50. However, she recently told me that she wants to change our arrangement. She wants what she called a "standard finder's fee", whereby the hooper who actually gets the gig (thru promoting and networking) takes 60% of the money, and the other one of us would get 40%...the thing that really bothers me, however, is that she also wants the hooper who got the gig (and gets 60%) to have what she called "exclusive promotion rights" that night, meaning: that if she gets the gig, she gets 60% of the $$$ AND the "right" to handout her card, whereas I would not be able to hand out my card that night. (and vice versa)
Now, this girl is my best friend and I love her, so we both agreed to sit down and lay out our sides of it. Here are my problems with what she is saying:
-the money should be split equally if we are doing equal work
-as for the cards, we should both hand out our cards, anytime anywhere. this is especially true b/c I am the only one out of the two of us who makes and sells hoops (she never has, and I made her hoops for her). When i asked her how she would handle someone approaching her for a hoop order, she suggested that she would pass the order on to me, and then TAKE A CUT of the hoop money. i am NOT cool with this as it is my materials and labor at work. also, i ordered professional cards long ago, whereas she only made hers last week on the computer, and i also am the only one of us who maintains a hooping website for my business.
-though she is a great hooper with her own style and all, I have put much more into my hooping so far in the sense that I have: travelled to NC TWICE for hooping retreats and to learn from the best, i have been making all types of hoops for months (including LED ones for her and I!), I have gone into NYC for classes, etc etc....I am also planning to do a teacher training asap. She, though great, has only hooped and studied with me, and performed a couple of times with me.
The true irony in this is that, we haven't even made enough money to be squabbling over it! We have made less than $100 collectively from gigs! I make more money from hoop making, which is my work alone. I think, b/c she has not studied with the "greats" as I have, she does not really realize yet how far we have yet to go, and what novices we really are (I hooped for 6 months, she for 4 or 5).
Ultimately, I am thinking that for the sake of the friendship we should go our own separate ways when it come to hooping and anything revolving around $$$$$. Though I don't WANT to be competitors, I cannot agree to the arrangements she has suggested. She seems to want very much to profit from hooping, and i have slightly different goals. Sure, money is great, but i don't want any negative energy creating blocks on my hoop path. i think it may be time for our hoop paths, but not our friendship paths, to diverge.
Any feedback is WAY appreciated!
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Re: Help: Balancing $$$$$$ and Friendship
Sat, August 1, 2009 - 11:59 AMGosh, this is cross posted in a lot of tribes! Every one I've opened so far today. Probably the Hoop Performers tribe is the best place to post this question. It's more in alignment with the purpose that tribe was created. (The header details the mission of each tribe.)
I already posted my response in two other tribes but I'll post it here too. This is the last place I am going to join in on this conversation and I apologize for my continued cross-posts.
I think the finder's fee is fair. There's more work to that than people realize. Phone calls, emails, networking, websites, contract negotiation, etc. Personally, I hate that stuff and I'm grateful when someone else is willing to do it. And what would we do without people to find gigs for us? Among my friends we regularly pass along gigs if we can't do them but if we do them together, whoever brought in the work gets a little more. It's great incentive to bring in gigs and recognizes and honors the work involved.
All participants should be able to pass out cards, even more so if one of them makes hoops and another doesn't. I'm not talking full on table promotions or anything. No one person should get more promotion than the group but also promotion as a group should not exclude individual's passing out cards. Promotion as a group should also include every member of that group, not just the one who got the gig. I don't know anyone else who has that arrangement. Just as it's important to honor whoever did the work to get the gig, it is also important to honor every person in the group and their unique contributions to the group. I don't see any reason why the person who got the gig should get a cut of hoop making. That is not income they generated. They simply generated a lead. (And when we stop passing on leads because we want to get paid for it, that's when we've stepped into the realm of being greedy and want to profit from other people's work instead of our own.)
Try not to focus on who has the most experience or who has invested the most in learning. Unless you are incorporated together, those things are individual expenses and you can write them off on your individual taxes, etc., but they are part of YOUR training, not your group's. They have little bearing on how you work together as a group. If you start going there then it's easy to start nitpicking and saying, "But I found the pants for our costumes.", "But I drove us there". "But, but, but..." You don't want to go down that road. It will nitpick your friendship apart. Agree that you work together. Agree that you are friends and that your friendship comes first. Agree to honor the person who finds and arranges the gigs by giving them little more. (10% is pretty much standard. Some people charge even more.) Agree to honor everyone in the group by allowing them to promote themselves and their other hoop-related interests also. In fact, agree to support each other by throwing work each other's way whenever you can! On a metaphysical level, that is how abundance returns to you multiplied. And never, ever, go behind each other's back to try to get a gig first or to try to take a gig away. That will destroy your friendship faster than anything else. Again, it's all about honoring each other's unique and valuable contributions. In order to be honored, you must honor others and act honorably. That's the place to keep your focus. That, and on the fact that you love each other.
Best of luck to you both. -
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Re: Help: Balancing $$$$$$ and Friendship
Sat, August 1, 2009 - 12:02 PMp.s. The split your colleague is proposing is actually 20%, which is more than I've ever known anyone to charge in my personal experience. I'd try to negotiate something like 10%.
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