We all know the Three Big Lies, although the third is changeable, depending on the audience/circumstances:
- The check is in the mail
- Of course I’ll still respect you in the morning
- I’ll make it up to you in the IPO
Of course, not many companies are going public these days, and tech founders have pivoted on the third point. What company doesn’t do a pivot or two after all, and the new talking point is a bit fluid, as always: We’ll make it up to you on the backend, or We can’t commit right now, but of course we’ll make it up to you.
In case you missed it, New York City enacted a new freelancer law -the “Freelance Isn’t Free Act” (FIFA) – that is now in effect, and it applies to businesses outside of New York that hire New York workers, too. According to Entrepreneur, “If a business hires a freelancer for $800 or more worth of work over six months (for either one project or a cumulative series of projects), a written agreement must be put in place. The term “freelancer” covers an independent contractor or any other worker not in a traditional employee-employer relationship” – which we assume applies to consultants as well. You can find more information here.