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Going Solo Expand / Collapse
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Posted Tuesday, February 7, 2012 9:21 PM


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Comments posted to this topic are about the item Going Solo






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Post #1248694
Posted Wednesday, February 8, 2012 12:25 AM
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What you say is true, but I feel your forgetting something important that can be of value as well.

In Sweden we have umbrella cooperations that handles the marketing and sales for individual consultants who are in business for themselves. They do this for a cut of your income. I think this is something you should consider if your thinking about working as a consultant.
Post #1248733
Posted Wednesday, February 8, 2012 1:23 AM


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I have worked freelance since the last millennium...oh ok 1999. Anyway, I have dealt with many people running their own companies, working freelance, temps and permanent employees. The ones who are truly successful, read satisfied, are the ones who find a way of working that matches their personality especially when considering whether it aligns with their aversion to risk. If you are not a risk taker at all then maybe the security (stop laughing) of a permanent job is best for you. Having said that, if you are a complete risk taker some people will not take you seriously in business if they are aware of it.

It's simply down to preferences and skill set i.e. what way to you want to work and do you have the ability to do it.


Gaz

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Post #1248753
Posted Wednesday, February 8, 2012 9:05 AM


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Some people see the glass as half empty, while others see it as half full. I can also show you 10 reasons why you should go into business for yourself, even during these times:

http://redstorm.ie/2011/10/top-10-reasons-to-start-up-in-a-recession/

and then, on top of that show you 7 more reasons:

http://ezinearticles.com/?7-Reasons-to-Go-Into-Business-For-Yourself&id=2234724

I am reminded of a saying that my dad always used:

"Man cannot discover new oceans unless he has the courage to lose sight of the shore.”



"Technology is a weird thing. It brings you great gifts with one hand, and it stabs you in the back with the other. ..."
Post #1249117
Posted Wednesday, February 8, 2012 10:00 AM
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I used to be an independent consultant and it was great! I did not do a lot of marketing because I had enough work to keep me busy. I was also not the primary bread-winner in my family and I had a second part-time job in the AF Reserve. However, after September 11, 2001, I had trouble getting clients. The current Reserve policy is that all Reservists will deploy 2 out of every 5 years. This does not include the ramp up and ramp down time, so basically 3 out of every 5 years. I couldn't even get any local government offices as clients-no one wanted a primary consultant who was a Reservist. I can't say I blame them.

I had to take a full time job after that. I have also left the Reserves, as there is just no way to have gainful employment and deploy 3 out of every 5 years. That ridiculous policy also would have not allowed me to be with my family and see my children grow up! I am the primary bread-winner in my family now, so employer-sponsored benefits are necessary. Maybe some day I can go back to that.......
Post #1249169
Posted Wednesday, February 8, 2012 10:09 AM
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hoo boy, can I relate to this topic. My husband started his own business when I was 2 weeks away from delivering our first child, quitting his job at Wang Labs (remember them?) - and the business he started dealt mainly with hardware service contracts where his customers had to give 3 months' notice to Wang to leave (and before starting with my hubby's company). And I got laid off after my maternity leave. Talk about scrambling! Those were definitely lean months. But he had the right personality for self-employment; me, not so much. I kid him that if I'd known he was going to start his own business, I might not have married him! I like the security of working for a company, with the associated benefits/vacation/etc. For a while I did work with my husband, doing the books, contracts, ordering, etc. - and collection calls are NOT fun. At the end of the day, was it worth it? I guess...but very stressful! And as far as vacations - we took 2 family vacations over 25 years.
Post #1249174
Posted Wednesday, February 8, 2012 11:29 AM


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I have often think about going solo; I am pondering towting for private work but, where do you start, how do you work out what is the going rate for work etc?

I wouldnt want to rip a customer off but at the same time i wouldnt want to give my services away for next to nothing.



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Post #1249224
Posted Wednesday, February 8, 2012 12:16 PM
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You just have to do some research on your market. I knew what consultants with larger companies were charging and I definitely was not going to request that rate. I didn't need to anyways since my overhead was very low. However, you have to pay both employer and employee taxes, so consider that. You may also have to pay into workers comp, so there goes more of your $$ there. I was fortunate in that when I was thinking about starting a business, I had a company who was already willing to hire me as a consultant. I very much enjoyed my 5 years and I incorporated my business to make it nice and official.

I also used the free resources from the government-a small business consultant who met with me at the Chamber of Commerce who was very helpful. I also met with SCORE (retired executives), but they were not so helpful since they didn't understand IT at all! This was back in the mid-90's and it would appear that these executives retired prior to learning computers!
Post #1249256
Posted Wednesday, February 8, 2012 11:34 PM


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This is a interesting topic. But I have a question. Is there any one out there currently who is having a career just by running a website related to SQL Server?

Is it possible really?


Mohammed Moinudheen
Post #1249480
Posted Thursday, February 9, 2012 1:12 PM


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mohammed moinudheen (2/8/2012)
This is a interesting topic. But I have a question. Is there any one out there currently who is having a career just by running a website related to SQL Server?

Is it possible really?


Sure, there is a few of them, but that is not all they are doing either.


"Technology is a weird thing. It brings you great gifts with one hand, and it stabs you in the back with the other. ..."
Post #1249919
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