4 ms·
I had started my own dev contracting and consulting shop. I was about a year into it. I was doing well. Once of my clients asked to hire me at 2x my normal hour
by lolsal 8y ago
I had started my own dev contracting and consulting shop. I was about a year into it. I was doing well. Once of my clients asked to hire me at 2x my normal hourly rate as a salaried technical lead for their company, as they were being shopped for acquisition. I initially declined. They offered to buy out all of my remaining contracts (wind some contracts that were ending in the very short term, buy out others with early termination fee).
They ended up offering a very generous salary, compensated me for the income missed due to the bought out contracts, paid out my early termination fees and the company was acquired about 7 months later where I got a retention bonus and another bumped salary on a 3 year contract.
Not sure if I regret it or not - I was really enjoying the entrepreneur aspect - working towards passive income. Now I'm back in the grind, but my compensation is pretty silly for the effort required.