Making a Proposal
The first step to making it "official"
Last updated
The first step to making it "official"
Last updated
Once you know you'd like to work with a potential client, it's time to make a formal proposal. Proposals are made by first clicking the "Propose Engagement" button on the Consultations page.
A proposal will consist of the following items (see descrptions below)
A description of the services you plan to provide. While most MiniGCs will be generalists with specific areas of emphasis, it's good to set expectations here based on any prior conversations with the prospective client. Feel free to go into as much detail as you feel is necessary.
Type of billing arrangement. If you plan to charge a cash-based fee for your services, you'll need to indicate whether you'll charge hourly or monthly. Don't worry, you're not bound to this billing structure; you'll have flexibility when it comes time to invoice your client. However, it's important to set expectations at the outset.
Estimated hours of work per month. It's important to align on expected hours so that your prospective client is aware of both (a) your commitment, and (b) the expected cost of services. Again, this is an estimate, it's not supposed to be permanent... just do your best!
Your proposed hourly rate.
Any equity component to the proposal. If you plan to have an equity-based component to your proposal, you'll need to input the following information:
Percentage of equity
Vesting Period (in years)
Vesting Cadence
Monthly (most common)
Quarterly
Yearly
Vesting Cliff
None
3 months (most common)
6 months
1 year
By submitting a proposal, you are agreeing to the Platform Engagement Agreement. See for more information.
You will be able to edit your proposal up until the prospective client accepts the proposal.