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Expert Agreements

 

MAKE IT OFFICIAL
If the person’s know-how can’t be transferred because the content area is too large, then pay to be able to reach her or him when that information is critical. Make sure there’s a clear understanding of what’s expected in terms of availability, output, and compensation. A formal contract gives both sides a reference over time and helps keeps things on target. However, “formal” does not have to mean “complicated.”

FIND THE RIGHT GIZMOS
Access to the knowledge held by someone who’s earned and wants retirement has become incredibly easy in terms of the gadgets to get it done. Cell phones and laptops make people available in any reasonably inhabited area.

KNOW HOW TO USE THEM
Having the right equipment is only part of the fix though. To make this kind of arrangement work, the person using it has to be comfortable with it. Providing training and offering tech assistance after departure can help.

APPLICATIONS:
An expert agreement might be the best solution when:

  • The expertise is unique and only available this way
  • The master is committed to providing advice whenever needed
  • The master’s plans will make access reasonably likely. (She’s not planning on trekking Nepal for six months of the year)

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