As A Freelancer, Have You Ever Lost Your Own Money?

As A Freelancer, Have You Ever Lost Your Own Money?

Let me paint you a picture of something I've done a million times..

When I were into social media, selling various packages for likes, subscribers and all that, I where using a "reseller panel".

Simply put, I bought the amount of likes I wanted and the panel made the deliveries onto the links I entered.

That said, I paid for the services myself before the clients got their deliveries. I charged a little bit more so I'd make profit. (this is pure reselling we're talking about.)

Anyhow, these panels comes with updates. Whenever a social media platform made changes the panels had to be updated. This affected my business many times in different aspects.

• The panels didn't get updated quickly enough so I couldn't uphold my delivery time.
  
• The panels increased their prices for the services I needed to buy.. Which made me earn less, and ultimately even lose money.
  

I can't blame anyone besides myself and I don't. This is not about that. But due to these circumstances, I ended up paying more for the services my clients needed than I earned selling them, as I already had orders from my clients before these changes where made.

I managed to keep my ratings and I never received any bad feedbacks during this time, as I contacted each of my clients and told them about this.. However, I did not only that. I also told each of them that they would get what they had order, as quickly as possible, without charging them a dime more! (How could I charge more when we already had a deal? I couldn't. Not in my book.)

I lost money doing this several times and my question is.. Have you ever been in a similar situation yourself? How did you handle it? Did you lose money from your own pocket?

And, just for the fun of it. Would you do the same thing and what should I have done different, in your opinion?


Best Regards,
hitmeasap