Ah this will be a good example
I couldn't handle that structure. I organize by project or task first. So, if we were to begin collaborating, and you gave me access to your files, I'd set up a library for each task. Then, to work on a given file, I'd have to find it first. When I found it, I would add it to the appropriate library. We would both still be working on the same file, it'd just be easier for me to find it when I needed to.
But, again, folders and shortcuts would work the same way.