[HN Gopher] Ask HN: Moving from Corporate to Solo Dev?
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       Ask HN: Moving from Corporate to Solo Dev?
        
       I'm pretty disillusioned with the corporate rat race...I naively
       took on some additional managerial/strategic responsibilities
       assuming I'd get a promotion, but I'm finding that even if I did
       get the promotion, I'm not enjoying my current work as much, as I'm
       far less hands-on. I know I can provide value--I've got industry-
       specific domain expertise and I can write high-quality software.
       One of the projects I've recently been managing is the outsourcing
       of some programming work--work outsourced to a team of
       "professional programmers" but with no domain expertise. I think I
       could have done better myself in terms of code quality, but even if
       I had, I know I wouldn't have gotten paid as much since I'm an
       employee. I'd like to capture that value myself instead of dealing
       with an OK bonus and sub-inflationary raise.  I've been considering
       trying my hand going solo, offering my skills on a contract basis.
       But I've never done this, and it's a big change for me. Ideally, I
       could start with my current employer as a client.  How often is
       this done? What steps should I take and what should I consider? Any
       resources that you'd recommend?
        
       Author : disenchanted_ds
       Score  : 77 points
       Date   : 2022-07-11 15:18 UTC (7 hours ago)
        
       | ushakov wrote:
       | i've been an intern, a employee and a contractor
       | 
       | what i can tell you is that being contractor was the worst of
       | three and contracting is just more competitive type of rat race
       | 
       | i suggest you instead to try launching a startup
       | 
       | if you don't have an idea yet, you can sign up for co-founder
       | matching and meet a someone who does
        
       | ramesh31 wrote:
       | What do you want out of life? Do you want to write code all day?
       | Or do you want to earn enough money to spend your life as you see
       | fit? The IC route is just another rat race. But instead of
       | dealing with soft issues from 9-5, you have hard issues waking
       | you up at 3AM with alerts.
        
       | epc wrote:
       | So...I did this and pretty much made every mistake possible.
       | 
       | I:
       | 
       | - underestimated how much cash I'd have to pour in to get going.
       | 
       | - hate sales. hate, hate, hate with a passion of a thousand ESC
       | keys trying to get out of vi, hate sales.
       | 
       | - didn't have a shtick or model of what I would do or wouldn't
       | do, I ended up taking a scattershot approach of what I'd work on.
       | 
       | - underestimated how many clients would slow walk payments or
       | outright refuse to pay once work was completed.
       | 
       | - quickly went sidewise with my local city/state regulations and
       | while not fatal ended up being a drag on my attention
       | 
       | - underpriced myself. In an effort to get business I kept either
       | cutting deals or allowed clients to effectively con me into doing
       | more work than they could pay for.
       | 
       | My advice, in light of those mistakes is:
       | 
       | - if you really want to do this, start by finding a consultancy
       | to work for to learn that side of the business. Learn sales.
       | Learn accounting. Learn how to build a backlog of prospective
       | clients.
       | 
       | - Try to figure out what your pitch would be to a client and then
       | try selling that over, and over, and over again. If you detest
       | sales, then you should learn before you make the leap.
       | 
       | - set aside more than enough cash to tide you through the startup
       | phase. Even if everything worked perfectly and your clients pay
       | you on time you may have 60-90 day gaps before payments.
       | 
       | - figure out what your rate would be, and then double it. No,
       | seriously, if only to account for the overhead you don't yet know
       | you need to account for.
       | 
       | - If you are in the US the chances of you working on contract for
       | your current employer are near zero. The IRS will look at that
       | situation and deem you to be an employee. About the only way to
       | make it work is to work through a third party agency, who's now
       | taking 10-20% of your rate to provide a smiling face for the IRS
       | and shuffle invoices around.
       | 
       | The other problem I had was I utterly failed to convince
       | companies to hire me for the work I specialized in (this was
       | early 00's so web site development / web application
       | development). They would prefer to spend $1250/hr on an agency
       | where there was also only one developer working behind the scenes
       | than the rates I was charging.
        
       | abadger9 wrote:
       | I have a consulting business on the side - the more you're able
       | to build an effective network, the more sustainable it is. You
       | either grow your clientele from referrals and your reputation and
       | then it feels like you're printing money (i was making $20,000 a
       | month with minimal effort on the side 5 years ago) or you
       | constantly chase leads and that'll burn you out after a couple of
       | years. let me know if you have any questions.
        
         | ushakov wrote:
         | how do you build a network if you barely know anyone?
        
       | airbreather wrote:
       | Been a contractor all my working life.
       | 
       | As job "replacement", estimate on 35-40 weeks a year of billed
       | work, that's what it is with all public holidays, leave,
       | professional development etc factored.
       | 
       | Contractors often make more because they skip these and also work
       | longer hours.
       | 
       | If you need to pay medical and professional insurances it can
       | easily be closer to 25-30 weeks a year billable after expenses,
       | for estimating purposes.
       | 
       | Short term contracts should be 20-40% more to allow for "gaps",
       | in a hot market just another bonus, but you should stash this, if
       | you get it. Also you still pay most insurances during the "gaps"
       | so too many is bad news.
       | 
       | Then if you think you are actually selling some service no one
       | else is around to do, whatever mark-up you can defend. But go too
       | high and you will suffer in a cold market unless you are
       | remarkably good and everyone knows it.
       | 
       | Or if you really know your domain and selling results (instead of
       | direct effort/activity), then "double dip" as we say, do two
       | contracts at same time and double the pay for maybe same or less
       | work if you are lucky.
        
       | kc10 wrote:
       | I have been an IC all my career and love writing code. I am not a
       | hater of corporate environments, but I wanted to build something
       | on my own for a long time. I have quit 4 months ago to work on my
       | startup, solo.
       | 
       | I hope my experience working solo can shed light on how working
       | solo is (If you plan to go into consulting and not build
       | something for yourself, the experiences could be different):
       | 
       | 1. Unlimited technology choices, but at the same time considering
       | costs have to backoff from ideal choices. For example: I can't
       | spin out a microservice for every damn small thing, consolidate
       | so I can save on compute costs.
       | 
       | 2. Working alone is hard, really hard. Try to spend time with
       | your partner, former co-workers etc.
       | 
       | 3. It not just writing code all the time. Consider the effort and
       | costs on the corporate side of things. Incorporating, issuing
       | stock, compliance, taxes, bookkeeping, prospective investor
       | meetings, insurance etc. They all take time or money.
       | 
       | 4. Having a partner who has a full-time job really helps. My wife
       | works full-time and we have our health insurance figured out and
       | have a regular stream of income to take care of our necessities.
       | 
       | 5. You are always on-call and have to plan your vacations or at
       | times skip one based on your business needs.
       | 
       | 6. You have to sell. Sell to your friends, co-workers, your
       | neighbors - anyone who you think can use your product. It's a
       | little awkward at time, but I joke it off and try selling again.
       | 
       | 7. 14-16hrs a day is pretty usual on weekdays. I don't work on
       | Sundays and work late night on Saturdays. Support from family is
       | pretty important.
       | 
       | 8. Lastly, expect to be a generalist. Plan to work on everything
       | - product management, UX design, frontend, backend,
       | infrastructure, documentation, graphic work, video editing,
       | blogging, marketing, sales calls, demos, everything you can
       | possibly imagine to stretch your runway.
        
         | [deleted]
        
       | iorrus wrote:
       | I'm in the same situation. I'm demotivated as I'm not that
       | interested in the promotion opportunities as I wouldn't enjoy
       | management. I think working in a different company would be be
       | better. I'm considering a smaller start up but now might not be
       | the best time to move.
        
       | alberth wrote:
       | Are you ready to do the following, because people take the
       | following for granted at a corporate job.
       | 
       | - setup business entity
       | 
       | - bank account
       | 
       | - legal documents
       | 
       | - working with a lawyer to get template contracts in place for
       | customers
       | 
       | - invoicing software to bill your customer
       | 
       | - chasing down your customers to actually PAY you
       | 
       | - SALES SALES SALES SALES (all things related to winning work
       | because it's NOT easy)
       | 
       | - filing state, local, federal taxes
       | 
       | - having to create EVERYTHING yourself (decks, SOW, contracts,
       | web site, marketing materials, and more and more and more0\\)
       | 
       |  _If you don 't like Business Admin work - don't go solo. Because
       | going solo it truly 90% admin work, and only 10% "fun" work (and
       | that "10%" is assuming you have a good client)_
        
         | amelius wrote:
         | > SALES SALES SALES SALES
         | 
         | Perhaps someone can build a nice app or platform to take care
         | of that part of the job for the rest of us.
        
         | Vanderson wrote:
         | While I agree with your list, it's not _always_ going to be
         | 90/10. Day to day work is the opposite, 10/90, especially if
         | you have a lot of production to get done. (then it can be 100%
         | fun for stretches of time)
         | 
         | It's the feast or famine issue. When you don't have enough
         | work, you are required to do sales to stay in business.
         | 
         | Do enough sales, and have enough repeat work, and you may find
         | you have no time for sales, and may not want any more
         | customers. It all depends on your customer base and the type of
         | work you do.
         | 
         | Also, I loved repeat/consistent work from known customers
         | because the documentation and paperwork burden plummets
         | dramatically. Sometimes to nothing more than a phone call/email
         | to start work, and invoice when it's done.
        
       | poulsbohemian wrote:
       | Build a strong network now. I was a freelancer for a lot of years
       | and it was _hard_. Even with a ton of experience, connecting with
       | clients take a ton of time and energy. You 'd think it would be a
       | no-brainer, but so many companies don't want freelancers and
       | those that do it is often because they can't really afford you.
       | So many of them want to nickel and dime over price and hours and
       | waste your time.
       | 
       | The people I saw find real success in freelancing / contracting /
       | consulting had deep networks, often of former employers, where
       | they were basically "perma-temps".
        
       | zerkten wrote:
       | Depending on what you do, you may be able to setup the situation
       | where you learn on the job during job 1, sell the same thing on
       | job 2 while optimizing how it's done, and then really profiting
       | on job 3 onwards. Success with that depends on how much you crave
       | novelty and what the industry is.
       | 
       | Established industries with larger non-tech companies have many
       | valuable untapped opportunities, especially as we move to more
       | uncertain times. They will want to make a lot of efficiencies and
       | getting rid of "non-core" work is an opportunity for contractors.
       | 
       | I know many people who accidentally got into lucrative contract
       | roles in pharma because they started with some random 6 month gig
       | that gave them access to assess the landscape. This can be done
       | more smartly by subcontracting with existing vendors. They are
       | often looking for oversight but you have to be comfortable with
       | mitigating the level of devs they are providing to the client.
        
       | hahamrfunnyguy wrote:
       | Starting with your current employer as a client is a good first
       | step. I was getting burned out with my job but still liked the
       | company and my co-workers. I worked out a way to say on part time
       | with the company and stick to certain types of work.
       | 
       | I did this for a few years and last-year I decided I wanted to
       | focus on a project I've been working on. I went down to a
       | consulting-only basis working 10-12 hours a month. This couldn't
       | be easier for me because I bill them on a T&M basis.
       | 
       | Consulting can be a hustle because you're doing your own sales,
       | marketing, estimating and bookkeeping. You need to account for
       | those factors when you schedule projects and come up with your
       | bill rates.
        
       | kjksf wrote:
       | Recently someone asked similar question:
       | https://news.ycombinator.com/item?id=31908797
       | 
       | I wrote up my thoughts:
       | https://news.ycombinator.com/item?id=31911728
       | 
       | And then expanded into an essay:
       | https://blog.kowalczyk.info/article/4682085af50b41f88460593d...
       | 
       | Since you're starting from nothing: do web research about
       | freelancing, contracting etc. Use search engine to find the
       | articles, read a book or two, watch a few YouTube videos, take an
       | udemy (or similar) course.
       | 
       | There's a lot of free or very cheap advice out there and it's a
       | bit more information that can be put into a HN comment.
       | 
       | Your first challenge is getting customers so start with marketing
       | yourself.
        
       | ge96 wrote:
       | Hope you have some money saved up. Also don't undercharge
       | (taxes/drought).
        
       | mise_en_place wrote:
       | Solo dev is nice, especially as a consultant. You can easily
       | build your business credit score and can pay yourself a much
       | smaller salary to save on taxes. I'd recommend an aggressive
       | payment schedule, net-10 or better to make sure you don't run
       | into cash flow issues and need to use a factoring company.
       | 
       | In the end your client(s) may like you so much that they'll
       | propose to bring you in full time.
        
         | airbreather wrote:
         | In Australia it's all personal exertion taxed at your personal
         | rate, if you are a company of one.
        
       | gbtw wrote:
       | I have landed a software development gig working for my countries
       | government. Pay is good, especially for the low work stress, 36
       | hour workweek and 6 weeks of PTO. Finding the right employer
       | really helped me get out of rat race.
        
       | Mandatum wrote:
       | Which region are you in? In some parts of the world it's very
       | lucrative to not have a full time job, others where employment
       | law isn't very strong like the US - it's not as worth it.
        
       | OrangeMonkey wrote:
       | I've moved from corporate, to having a side gig, to doing it full
       | time, then back to a side gig, and now I've mostly spun it down.
       | 
       | The stress of always selling was hard. The constant thought of "I
       | could be working right now, but I am sitting watching a movie
       | with the family" was hard. The money was great, but I feel like I
       | lost actual years of my life.
       | 
       | It seems, my friend, solo is not for me. It may be for you. The
       | current macroeconomic climate may make this a bad decision even
       | if it is for you. I wish you well.
        
         | disenchanted_ds wrote:
         | Thanks. The macroeconomic climate is also something I've been
         | curious about, too. The timing may be awful, especially if it
         | doesn't work out and I want to get back to a full-time job when
         | no one is hiring. But being stuck in a role where upward growth
         | is meager is draining, too. ("Oh, the bonus and raise pool is
         | down again?")
         | 
         | I do know that even in my current job there seems to be
         | willingness to pay a contractor rather than hire an
         | employee...and I'm not sure how that willingness would change
         | if the environment changes.
        
           | nostrademons wrote:
           | Contractors are the first to go when the economy goes south,
           | because there's no legal protection to the relationship and
           | getting rid of it is as simple as _letting it lapse_. It 's a
           | huge pain to fire an employee even for cause. Without cause
           | (layoffs), you usually have to pay severance, have your
           | unemployment insurance premiums go up, and deal with a morale
           | hit to people left behind.
        
       | [deleted]
        
       | wnolens wrote:
       | My personal short story:
       | 
       | I became so disillusioned with big tech that I quit and took an
       | 8mo sabbatical until contract work dropped itself on my lap. I
       | was really lucky that I didn't have to do any selling of myself
       | which everyone claims to hate (I wasn't in the solo game long
       | enough for any of my wells to dry up).
       | 
       | I got my leads from friends working as full-timers at companies
       | looking to hire. They were desperate enough for above average
       | talent that I could negotiate a part time deal: essentially 20h
       | of my week.
       | 
       | I charged about what I was making as a full-timer, but padded my
       | hours. Typically work 2-3hrs, bill for 4. In retrospect, this
       | wasn't enough for no other reason than it was a better deal for
       | them than for me.
       | 
       | I overlapped these gigs for a few weeks and absolutely hated the
       | full allocation of my time. Also the context switch was painful.
       | I'd go from an archaic MSVC++ codebase in a windows VM to an
       | unorganized startup working on iOS/Android. Eventually I quit one
       | and kept the higher paying gig.
       | 
       | I liked neither of the jobs. I was sometimes asked to do more
       | than just fix bugs, like start architecting a way to a modern
       | stack or think about how to integrate a revolutionary feature.
       | But when I came back with a plan, their ambitions vanished. They
       | thought they could get something magical for nearly free.
       | 
       | So I became disillusioned with contract work :) The jobs often
       | exist because an employer wants to pay less than hiring a full-
       | timer to do the job. Or the work they want done is inherently
       | unattractive. It was isolating too since you're never really part
       | of a team.
       | 
       | Ultimately I made the pivot back to big tech. Work is more
       | interesting, I obtain more valuable knowledge. My isolation
       | problem wasn't fixed due to pandemic =\ And I feel a lot more
       | freedom to screw off in the middle of the day when I'm
       | frustrated. As a contractor I felt guilt (or I just never billed
       | for the hours I took off to go on a bike ride and clear my mind).
       | 
       | Good luck! I'd send personal emails to your network of engineers
       | working at small-medium companies that are less flashy and don't
       | have a flush hiring funnel. They always need good folks (you'd be
       | vetted by your contact) and you may have the leverage to set the
       | terms of contract employment.
        
         | daveguy wrote:
         | > I charged about what I was making as a full-timer, but padded
         | my hours. Typically work 2-3hrs, bill for 4.
         | 
         | This is illegal. To anyone considering solo dev work, do not do
         | this. Charge what you are worth and bill accurately. That
         | typically means salary/2000 for hourly and then _2 or_ 3 to
         | cover overhead. If you're making $200k that's ~$100/hr and
         | consult at $200-$300/hr.
        
       | bobbywilson0 wrote:
       | I have just written the first steps for starting "solo dev" work.
       | The tl;dr is:                   1. Business Entity         2.
       | Business Bank Account         3. Accountant         4. Invoicing
       | software         5. Contract         6. Workspace
       | 
       | My post[1] includes more detail, and I have also written about
       | finding your first clients as well. Feel free to follow up in
       | this thread with any questions.
       | 
       | Good Luck!
       | 
       | [1]https://medium.com/@bobbywilson0/six-steps-to-start-a-
       | consul...
        
       | BirAdam wrote:
       | Being on your own is harder than working for others if you want
       | to make a lot of money. You will be working 24/7. If you really
       | want more "chill" you need to be prepared to accept less money,
       | and in general I would recommend working for a non-profit, a
       | university, or a government to get less work.
        
       | bodangly wrote:
       | Been a contractor for about a decade now. A few tips:
       | 
       | You need at least 1.5x ideally 2x your normal rate to make it
       | worth it.
       | 
       | You need to always be selling, probably should make sure you are
       | consistently overbooked if you want to keep contracting
       | sustainably. Otherwise if you focus on one client only and they
       | go poof, you are back in line for a job.
       | 
       | Be prepared to work many many more hours because of the above.
       | 
       | Don't forget to calculate ALL your costs.
       | 
       | If you can get a monthly retainer for X number of hours for close
       | to your target hourly rate, take it even if it's a little low. As
       | long as you are good you'll (probably) never really need to spend
       | X hours. Leaving you with extra billable hours to devote to other
       | clients while still having some guaranteed income. This is one of
       | the only ways to get ahead, aside from charging "book" hours
       | (estimates) rather than actual elapsed hours.
       | 
       | You'll get stuck in whatever price range you start with so do not
       | lowball yourself. Again, always be selling, and hours are
       | precious, don't waste them.
       | 
       | It's a stressful life because you start to have issues taking any
       | time off.
        
         | anotheracctfo wrote:
         | A self-employed accountant once told me that you take your
         | hourly wage and triple it. 1/3 is your salary, 1/3 is for
         | business expenses and taxes, 1/3 is for when you don't have
         | work.
         | 
         | The lucrative part is when you get more than 1 FTE of work and
         | start hiring employees. Which was my experience working for a
         | small consulting firm. I made decent money with my 1/3 salary,
         | but my bosses made $$$$ because we priced for 1/3 downtime but
         | were constantly flush with work.
         | 
         | Good luck!
        
           | nickjj wrote:
           | > 1/3 is your salary, 1/3 is for business expenses and taxes,
           | 1/3 is for when you don't have work.
           | 
           | In the US there's also health insurance if you choose to have
           | it.
           | 
           | The worst of the worst medical insurance just for you is
           | going to run you about $500 / month. Even if you "only" make
           | 60k / year, that's still roughly ~10% of your income which is
           | a lot.
        
             | nightski wrote:
             | If you are lucky enough to have a spouse that works at a
             | good company it can be very lucrative to take the self
             | employed route and freeload off their plan :)
        
             | biztos wrote:
             | And in many other countries too, without the "choose" part.
             | I pay more than that for my private health insurance in
             | Germany... it's a pretty good one but has a high deductible
             | so I've never actually used it in over a decade.
        
           | bhandziuk wrote:
           | And this is the reality of consulting too. You might get paid
           | X but you are billed out at 2-3X.
        
         | WildGreenLeave wrote:
         | The last sentence is really true. I went into
         | contracting/freelancing about 3 years ago and whenever I take
         | time off, I still feel "guilty" because I could be working and
         | make X amount of money extra.
         | 
         | I think it is good to have that insight tho, but if you start
         | to remove your personal life because of this, I think you
         | should really need to reconsider your strategy. (Looking at TS)
        
           | __pache__ wrote:
           | How do you guys cope with this? I feel so guilty taking any
           | time off, even to play with my kiddos/dogs/whatever. "Could
           | be making $200+/hr right now" is always in the back of my
           | head.
        
             | WildGreenLeave wrote:
             | Well.. first of all sadly enough I do not earn $200+/hr. I
             | am in Europe and there rates are around $100/hr. (Either
             | that, or I should turn this post into a looking for work!)
             | 
             | That being said, it doesn't change the feeling. I try to
             | make myself feel better by thinking something along the
             | lines of this: I have no money issues, more money would
             | ofcourse make life a little bit better. But what if I were
             | to die tomorrow? I would much ratter spend quality time on
             | the life of the people (or animals) I care about, or my own
             | life, then have a few hundred bucks extra. That, together
             | with knowing that I cannot always work because I will burn
             | out and will earn nothing anymore goes a long way.
             | 
             | I work to live my life, I do not live my life to work :)
        
               | __pache__ wrote:
               | > But what if I were to die tomorrow?
               | 
               | this is probably the core thought. what would I pay to
               | get "one more day with my sons?" millions? if I had no
               | more days left and could give it all...
               | 
               | > I work to live my life, I do not live my life to work
               | :)
               | 
               | my work is extremely important to a lot of people, I can
               | make jobs for others, etc. .. my work _is_ my life, and
               | that's way better for lots of people. hard to
               | reconcile/balance, for sure....
        
               | WildGreenLeave wrote:
               | > my work is extremely important to a lot of people, I
               | can make jobs for others, etc. .. my work _is_ my life,
               | and that's way better for lots of people. hard to
               | reconcile/balance, for sure....
               | 
               | I enjoy my work, I love getting stuff done and helping
               | people. But, at the end of the day, I can only do this
               | because I am getting paid. So I do not do my job half
               | assed because it is only my job, I will try to take the
               | extra step where possible. But I have to do it in a way
               | that I can keep on doing it.
               | 
               | Life is a marathon, not a sprint
        
         | disenchanted_ds wrote:
         | That's a great idea around retainers. I hadn't really been
         | considering that as an option.
         | 
         | I've been thinking about even trying to approach this from a
         | value-based pricing perspective a la Jacques Mattheij. Seems
         | like that could be an easier approach to selling, in terms of
         | positioning myself as an expert instead of just a coder-for-
         | hire.
        
         | iasay wrote:
         | This pretty much nails it.
         | 
         | Also nails why I folded my company and I'm a corporate wage
         | slave now. I'd rather all this shit was someone else's problem
         | to deal with.
        
         | nightski wrote:
         | You can get lucky like myself and have a small handful of
         | clients for over a decade. Honestly don't think I'd do
         | consulting otherwise. I'd say the key was finding a stable
         | industry that has been around for a long time, but at the same
         | time is more dysfunctional when it comes to tech. So much
         | opportunity to help them out. Often internal IT is underfunded
         | and so focused on just keeping things running that there is a
         | lot of room for one to differentiate themselves.
        
       | paradite wrote:
       | I made the move to become a solo developer building my own apps
       | in Apr 2022. Here are the steps I took:
       | 
       | - Started building my own project on weekends while working full-
       | time last year.
       | 
       | - Personal project got some traction at end of the year (organic
       | growth and good reviews).
       | 
       | - Saw story on LinkedIn of some people quitting their jobs and
       | becoming indie dev and got inspired.
       | 
       | - Added ads in my app and started generating revenue ($1 a day).
       | 
       | - Quit job at end of March. I had saved up about 3-6 years of
       | runway (counting my average daily expenses).
       | 
       | - Joined an incubator by chance, hoping to find a co-founder, but
       | didn't succeed.
       | 
       | - Registered a business (sole proprietorship) at end of May. Only
       | cost around $200.
       | 
       | - Added in-app purchase in the app in June.
       | 
       | - Ran ad campaigns of $500 budget and generated $220 in revenue
       | in June. $140 from in-app purchase, $80 from ads.
       | 
       | - Currently building and planning to launch next project in Aug.
       | 
       | My background is a senior frontend engineer in a big tech
       | company.
       | 
       | Previous job was mostly about managing contractors, interns and
       | some internal experimental projects.
        
       | leifg wrote:
       | I recently quit being an independent contractor after 5 years and
       | returned to being an employee. Let me outline my experience going
       | from employee to contractor and back.
       | 
       | In general: I have been a software developer for 14 years. I love
       | writing code but I also like to figure out the root of the
       | problem and come up with the best solution. I started freelancing
       | in Germany and continued to do so in the UK and the US.
       | 
       | The initial reason to go solo was mostly feeling based. I
       | imagined being super flexible about what I could work on and
       | wanted to have more time off even though it was unpaid.
       | Additionally I thought I could spend some time to specialize in a
       | field in order to get higher rates and maybe come up with a
       | product idea. I also justified this move to myself with "I at
       | least gotta try it". I was lucky to find a client pretty quickly
       | and enjoyed the networking and finding follow up opportunities.
       | 
       | However a couple of things became pretty clear to me very
       | quickly: the easiest way to work as a freelancer for me was to
       | basically continue to work as a generic software engineer that
       | knows $language for a client 5 days a week and then invoice them.
       | I didn't really spin up additional income streams and I didn't
       | even take more time off.
       | 
       | However there were a few things that kept me from returning into
       | a regular job: The increased income (in my first year my income
       | effectively increased by 50% even though I was doing the same
       | work), the opportunity to switch "jobs" more often without it
       | being perceived as being a flaky employee (this one is kind of a
       | hack but nobody ever questioned why I was only working for 3
       | months for a particular client).
       | 
       | Things ultimately changed after I moved to the US because the
       | calculation now wasn't only about pure money. I also would have
       | to factor in health insurance cost (in Europe this is essentially
       | the same wether you are freelance or not), there are other
       | benefits like 401k contribution and employee stock buying
       | programs that I needed to consider. But ultimately I was missing
       | working on projects long term rather than just coming into a
       | company churning out code. I also enjoy not having to write
       | invoices anymore or doing a more complicated tax return or
       | figuring out what kind of insurance I need. I am also glad that
       | there is now basically no need for me to do any kind of marketing
       | or sales related work.
       | 
       | In total I had 9 full time clients and a few short term projects
       | (1-2 days). The short term projects were some of the worst days
       | as a freelancer because the project was timeboxed and every time
       | I scrambled to deliver on time.
       | 
       | In general I would say if you are an hourly/daily rate based
       | contractor the only two reasons that I saw as an advantage was:
       | more money and seeing more different projects. If you are willing
       | to put up with the admin overhead of going solo I definitely
       | recommend it, especially if you have a talent or are willing to
       | do marketing and sales related tasks. I suggest however to be
       | honest with the income calculation. If you compare your current
       | job to something like 220 billable days as a freelancer (not
       | unrealistic) you are going to see a big increase. But if you take
       | into account the benefits and compare this to a competing
       | employment offer, the income difference might not be as big.
        
       | phphphphp wrote:
       | Good clients are like good jobs, few and far between. Contracting
       | is not the solution to bad jobs, a good job is the solution to a
       | bad job.
       | 
       | If you can find good clients, contracting can be great, but bad
       | clients can be a real drag: it's easier to quit a job than it is
       | to fire a client.
       | 
       | I'd recommend giving it a go, but don't expect it to be better,
       | just different. Personally, on balance, I prefer it and don't
       | plan to go back to full time... but it's often just as defeating.
       | 
       | (Regarding how easy it is, it's very easy, anybody who can get a
       | full time job can do contracting, software engineering
       | contracting is in high demand, always.)
        
         | darthcloud wrote:
         | I confirm that, I was pretty in same situation as OP
         | contemplating going solo. I soon realized this would only make
         | thing worst. I spend some time looking around for my dream job
         | + dream team. I found it in another city, It is an old-ish
         | small company (25 years, ~20 employee) got interviewed by Owner
         | and CTO and it clicked right away between us. Quality of life
         | is more important than growth for them. My wife was very
         | supportive and we moved with the kids over there. Best decision
         | of my life. My wife noticed a night and day difference in my
         | general mood. I realize I got lucky but this is the real fix.
        
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