Freelancing and Holds

This thread is geared mostly toward post people, but I'm sure it can apply to anyone in the industry.

I moved from LA to NYC and have been becoming more familiar with holds (first holds, second holds). I'd like to hear some input on how you handle your freelance schedules, and what to do in situations where Company A puts you on hold and Company B wants to hire you. And can someone explain a "challenge" in detail?

Thanks in advance!
 
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