To be frank, this is probably one of the least fair ways to compensate your programmers.
traq,
thank you for your thoughts. They look almost right and might be correct in some cases. I really appreciate your quick and professional response.
If you don’t mind let me give you some facts below:
Project feasibility: Why I do believe in the success of the project? – Because I already did that / I was there (CB screenshots available). I started in this niche 31 Dec 2009. Few months later I reached position 6 on Google 1st page (out of 24M sites) making $300/week. I have done everything by myself. The potential is good and proven. I was doing html and perl for 18+ years. At the beginning of 2011 the game changed – we all know that. Now it is better using PHP unfortunately, which I am not familiar with. This is why I need professional PHP help.
Re proposal fairness: Please note that in all these years above I had to touch up and modify every piece of code that has not been done by me and I paid for it. Most recently I paid a PHP programmer in NY for a code that seemed to work somehow but when you look at the source it was messy and total crap – I just trashed it. Is all this fair? – let’s face it (simple) everyone must be interested and do the best he can for the success of the project (that’s from experience). I want everyone to be paid. The better work done, the better payment should be. I don’t need a piece of code that somebody thinks may do the trick. I need a coder to work with me. A coder that understands the goal, that sees it clearly and realistically. I personally work 14 hrs / day including weekends if necessary and I keep my promises. Yes there is a risk but things are foreseen to a certain point.
Also I am flexible: I would accept instalment payments (so people will not work for nothing) e.g. biweekly or by phases (if there are phases or cornerstones) with a reasonable holdback for eventual glitches. Please feel free to send me your proposal for the fee structure via online form on my site.
Note: the first task (as described in original post) will be paid directly.