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the last one is the toughest, and really comes down to how strong your stomach is and how your business model is structured - e.g. it can't be hourly & net 60,
by garrickvanburen 5y ago
the last one is the toughest, and really comes down to how strong your stomach is and how your business model is structured - e.g. it can't be hourly & net 60, more like flat-fee, 50% upfront.
- ahartmetz 5y agoThe solution is an old financial trick that has fallen a bit out of fashion: saving. Not spending everything you earn. It's easy given the very decent consulting rates in software. Sometimes I wonder if everyone is financially illiterate now...
- rich_sasha 5y agoSaving smooths the earnings to some extent, but the fundamental issue remains. Mortgages and schools are financial committments for decades.
- SenHeng 5y agoAnd being an employee isn't that much different since you can be fired or made redundant.
- garrickvanburen 5y agoFor management consultants, charging more is a far better signal than austerity.
- SenHeng 5y agoWhy not both? ¯\_(ツ)_/¯
- garrickvanburen 5y agoBecause it’s not as fun.