#scott-hourly-rate

1 messages · Page 1 of 1 (latest)

maiden anvil
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hello, when would you be charging for this? like after each session? weekly? monthly?

maiden anvil
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hello again

woeful sinew
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hi! I am at work so my response time will be a little delayed, apologies

maiden anvil
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all good! threads also autoarchive but if you want, you can msg in #dev-help to get your older thread reopened, or start a new thread

woeful sinew
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as for billing terms, I was hoping to be like weekly but monthly may be an option too, it may be up to the end user(coach) to select how they would like to be paid, but the whole payment model structure across the whole app will take some time to iron out, as this is a solo project that I am building for a community of mine, one that I hope to launch and scale once I get my mvp complete. The yapment system is one of the most complicated parts, as there will be a subscription model for coaches, starting with a free tier, then 2 more tiers to scale their growth, and they will have hourly rates at which they can either choose to send invoices if they are working with a team, or for 1-on-1 sessions they could opt in to instant checkout before the session starts, and have options to extend past an hour if they so choose.

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sorry if that complicates things, this is a pretty ambitious project tbh

maiden anvil
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I'm stepping out but a team member is stepping in, catching up and answering!

woeful sinew
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thank you!

empty birch
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👋 I'm the person stepping in!

woeful sinew
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Hi @empty birch !

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thanks for helping me out

empty birch
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One more clarification - with this hourly rate, do you want to be invoicing BEFORE the sessions actually occur (the start of the week), or at the end of the week? And I assume the number of hours that happen will differ week by week?

woeful sinew
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To add to the message above, any sessions that are 1-on-1 will be pre charged, because a single student will pay based on the time they request and the availability of the coach, but I want to allow coaches to work with teams, and they will probably have to send an invoice to the team for time spent with them. It makes more sense to bill a team after the fact in case the time limit spills over the predetermined amount.

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I think end of week would probably be smartest in this situation.

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so say a single student wants to get coaching for 3 hours, they would pay the hourly rate of the coach x3 before the sessions start

empty birch
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What do you think about the following approach?

  • For the pre-billed 1:1 sessions you create one-off invoices. The line items would either be calculated by you, or you'll have a price (that is the hourly rate) and you'll use the quantity to indicate how many hours are being charged for.
  • For the team sessions (that are billed at the end), you would have a metered price (https://stripe.com/docs/billing/subscriptions/metered-billing) that charges every week. You'll report usage, and we'll automatically generate an invoice for you at the end of the week based on the usage
woeful sinew
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Looking into this now, thanks!

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I’ll let you know if this is suitable for my needs