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Depending on skills you can earn a magnificent hourly rate in comparison to full-time employment and have more freedom in the types of projects you pick. Locati
by DyslexicAtheist 8y ago
Depending on skills you can earn a magnificent hourly rate in comparison to full-time employment and have more freedom in the types of projects you pick. Location matters a lot though. Be ready to jump on a plane / train to discuss with potential clients. It takes a lot of grit especially if you build your own client base and wish to avoid middle-men who broker to the larger companies.
For larger firms though you won't get in without middleman (because of preferred supplier lists (PSL)). The bigger players pay you usually competitive rates (unless the middleman is fucking with you which is rare but happens), but you won't own the relationship with the client (the middleman does). Work for smaller firms and you run a higher risk of losing money, not getting paid or getting shafted simply because they think they can.
Ask a lawyer to help you draft contract templates which reflect how you envision any business relationship and then make your clients that you work for directly sign that (rather than expecting them to talk to their own lawyer which the won't do if they never considered bringing in a freelancer).
Find other freelancers in your region to speak to and get a feel for what they charge and how they go about acquiring new clients.
Biggest question when pitching to middlemen is "do you have any freelance/consulting" experience. If no this will be a read flag. So be creative to get your foot in the door.
Ensure you stay on their radar: Send your professional profile to every middle-man in the country and keep updating them with the latest version and your current availability.
Always say yes to any opportunity when asked for an interview (even you're busy right now with something else, or it is slightly off-topic for you). It's a chance to network and to practice your pitch (practicing the skills of interviewing and marketing your skills/brand is even more important than knowing your technical stuff, the latter should be taken for granted).
Gerald M. Weinberg's "The Secrets of Consulting" is excellent for anyone starting out in consulting or for those who consider hiring them (in any case your world might never be quite the same after reading this book):
https://www.amazon.com/Secrets-Consulting-Giving-Getting-Successfully/dp/0932633013 https://www.amazon.com/Secrets-Consulting-Giving-Getting-Suc...
- barry-cotter 8y ago> For larger firms though you won't get in without middleman (because of preferred supplier lists (PSL)). If that’s true for you then you’re either a freelancer, not a consultant, or you’re not charging enough/not in enough demand that they’re willing to work with you one on one. Nick Disabato has one employee and charges $15,000 and up a quarter for Draft Revise. Do you think he goes through a preferred supplier list? By the same token, when patio11 was a one man consulting firm charging $10-30K for a week’s onsite consulting you think he went though a recruiter? https://draft.nu/revise/ https://draft.nu/revise/ > Draft Revise engagements are serious, long-term, design-driven, and consultative. We are not a chop-shop contractor, and we do everything in our power to be worth your time and your business's money. Before you send this application, we ask that you be prepared to commit to upfront fees at or above USD $15,000 for our first quarter of work together. The final fee we quote for you will be based on the value we're capable of providing for your business.
- mongol 8y agoFor large enough companies I don't think it matters. They might take on consultants on top executive level but from the page you quote "Are you making over $2M from your store, but haven’t taken the time to optimize it?". This is small potatoes for the larger companies and it is simply not worthwhile to negotiate individual contracts on the scale they operate. Unless you are on top executive level, maybe.
- koboll 8y ago>If that’s true for you then you’re either a freelancer, not a consultant, or you’re not charging enough/not in enough demand that they’re willing to work with you one on one. I think they were speaking to the OP, who seems to not yet be a consultant, as they are considering "Becoming" one
- gk1 8y agoI’m an independent consultant and am on the supplier list for a Fortune 10 company. If your client is a decision maker at the company and they value your service enough, then they will get you on the list.