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I have a company (only me in it but having an actual company looking pro Does make you more money and gives more freedoms like wfh for all years I have worked a
by anonzzzies 3y ago
I have a company (only me in it but having an actual company looking pro Does make you more money and gives more freedoms like wfh for all years I have worked after/during uni) for 30 years that works for other companies creating products for/with them. If you work like this for a company like Gemalto or startups with VC invest, 250-300/hr are on the table. I have almost no overheads and invest almost everything so the gross has been close to net for practical purposes.
But you are right; the hardware market is harder than making web stuff. I just enjoy hardware/firmware more. Currently I am starting a new hardware/firmware project for a US company that will last 3 years with this income.
It depends where you live, spend and how you count; i optimised everything for the past 25+ years around making sure I never have to think about money if I would drop everything today. Your situation might be very different of course.
- nvm0n2 3y agoDon't you hit the problem that after six months you can't be a contractor anymore and have to be classified as an employee (on employee rates)?
- anonzzzies 3y agoNo, the entire setup I have is geared to function as company: I have many clients (who keep coming back because they can kick me out any time which is a bit of an issue in the EU, but then they don't) and I also make products which even more cements me as 'defacto employee'. I had many discussions (especially) with the dutch taxes who tried to catch me out; never worked.
- nvm0n2 3y agoPretty cool, thanks for sharing with us! It originally sounded like you were earning this from a specific job, but yes if you can build a successful business then your earnings can get arbitrarily high. I'm not sure most of us would describe it as "not hard" though! Congrats!