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Ask HN: What's stopping remote worker from becoming a freelancer?
For the remote workers on HN that plan to continue working from home after the pandemic and will find other opportunities if your company does not allow, what's stopping you from going the freelancer route? Is it the stability of full time work or not having the network for a client base or is it something else?
- cblconfederate 5y agoA very large number of them will. We just have to wait for services that make setting up a business dead-easy.
- softwaredoug 5y agoThere are _so many_ reasons it can suck to be a freelancer - lots of time spent on marketing, network building, and sales. You don’t get paid for this time. - you have no benefits that you don’t purchase yourself. In the US this means very expensive healthcare - you are first to go when things get tight for your clients. - nobody at the company cares about your growth or mental health under crushing workloads. - PAYMENT RISK - ready to wait 30, 60, or 90 days to get paid, only to be get the runaround by some Rando in the clients accounts payable? And what can you do anyway if they can’t pay you? - double taxation in the US as you must also pay employers taxes on yourself The main upside is you can charge higher rates. So if you can handle cash flow issues, have light benefit needs, can ride instability in workloads, and like networking a ton - then it’s a great fit! But there’s a pretty specific group of people that thrive as a freelancer.
- muzani 5y agoThis says it all. I've done it for half my career. The good part is that your pay is anchored on value. With full time jobs, they pay you as little as they can get away with. With freelancing, the work is usually not going to be finished without you, so the budget is a lot higher. I'd say about 70% of the effort is in chasing payments and landing (better) clients, though. You're not really a software developer anymore, more like a salesperson.
- brtkdotse 5y agoI’m going to keep asking this question in these kinds of threads - do consultant brokers only exist in Europe? They’re basically recruiters, but for freelancers. I could send an email and have a 6-12 month assignment within a week in exchange for ~10% of the invoiced sum. 10% is a steal considering I don’t have to do any sales or worry about a bounced invoice (for a few % more I usually can be paid within a day of sending it)
- cosmodisk 5y agoFor me it's the financial resources. I am being underpaid for what I know, however I do appreciate I have a pretty comfy setup,considering the whole situation. I'd love to dive into freelancing but I'd need at least 6-12 month savings,as my family depends on me. That's pretty much the only reason.
- readonthegoapp 5y agoHealthcare
- iso1631 5y agoStability, network, overhead (creating a company, filing accounts etc). However I've worked from home for nearly a decade and have a very relaxed company currently paying me to do an MSc (in work hours), so no need to move.
- iExploder 5y agoif you are in a strong economy with plenty of jobs such as USA, UK and Germany - lazyness, otherwise the limiting factor is your ability to find contracts once your current one ends