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Good post, I need programmers too so I add my job offer here, who knows.
Of course it happens you can find the good $8 an hour indian who do good program using PHP language, not as rare event as win lottery, but to find and manage the good indian (or other cheap country) programmer, it takes so much time of yours (the employer), let's say 3 hour a day for a month, that who is paid $1 per hour is the employer really, not the programmer.
And is required that the employer is nearly a programmer himself, to manage - plus the cheap one, if really so good, soon will emigrate to work at Microsoft or Oracle and you have to search a new one, let's say once every 1-2 years you have to search the new kid, and this is an effort.
But as someone pointed out, in adult (except maybe the cams and billers and some movie producer) the budget is so small that there's no other choice than hire cheap and spend 100 hours of your own time to search and manage the cheap guys.
Ah one note - several indians will refuse to work in adult as it's illegal in India, so always specify is for adult site and if this is ok, I see 30% will decline offer due to own company policy or simply they fear the law.
I am into cams and I usually pay $50 or more per hour, it is true that in a few months this make $10,000's, but usually you buy from a group of programmers (a company), this is useful for long term. I have some sites up and runinng from 1996 (non adult) and same tech guys manage them today, so if I launch a site with a new team, my plan is they will manage it for 10+ years and I even forget this site exists.
I find working with a single guy, even if wizard or cheap, to be a little risky - instead if you buy hours from a company (or team of guys) and one of the wizard kids disappear, is company's duty (and not your one) to have other wizard kids to continue the maintenance - imagine the mess if your genius cheap kid disappear and need months to find other kid who will understand old source code and update it - I seen companies suspend work for 6+ months because the only developer gone nuts, and if we talk of company with a revenue, this loss can be well more then the $10,000's we talked about. Is the same as run the site saving $20/mo for a backup system. Some developers /or dev companies) are theft too, which is say to change color of a link it requires 15 hours, I seen that.
So I hereby ask if anyone is able and interested, or knowsn who may be, to handle for a new site (not our existing ones, for this we keep same developer from 2004) a mix of Wowza Media Server v2 + PHP + Actionscript v3, text chats using jscript/ajax (Flash I want use for video stream rectangle only, not for texts). It may be needed to edit some indian code but what matter is availability to manage updates and scaling to multiple servers in following months and years, sort of manage (in our place) that the site do not crash. Email portfolios or skillsets to info AT ChatGF dot com .
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