4 ms·

There is probably a lot of consulting money to be made in cleaning up the mess of the last decade exuberance. Similar to what we saw in banks after 2008.

efields 3y ago
Yep. Consulting is where you want to be rn.
- danjac 3y ago
  Everyone laid off will be hanging their consulting nail. Whether there are enough gigs for them is another matter.
- jjackson5324 3y ago
  Do you mean consulting as a developer? Or management consulting?
  - efields 3y ago
    Network. Figure out what your network wants. I’ll still consult on dev stuff but there’s a lot of aging SMBs and retired execs who need a smart person on retainer to help them figure out… everything. Squarespace costs $300/year. Sell it for $3000/year with 4 seasonal updates or something. Adapt.
- nunez 3y ago
  I hope you like travel!
ejb999 3y ago
Absolutely - I did my best business during and after the big 2008 meltdown -companies threw out the good with the bad in order to save money (on payroll) and then realized they still needed stuff done - but many departments in many companies weren't (yet) allowed to start hiring back FT employees - it was a golden opp. for consultants, especially if you didn't charge obscene rates (good rates, just not obscene), i.e. rates high enough to make real money, but not so high they needed special approval by several layers of management.
- scruple 3y ago
  I started freelancing in '08 alongside my full-time job and by '12 had a sizeable down payment for my first home and a very healthy savings account. I didn't overcharge anyone and I leaned hard into former clients to find new work. I walked away from it around '13 because the well dried up. It hadn't occurred to me quite yet that a similar situation may be occuring right now but it makes perfect sense.
rco8786 3y ago
I've said this on here before, but I think we're about to see an explosion of "cloud exits" and a healthy consulting demand for companies who want help doing so. Cloud was a ZIRP, unless they drastically change pricing and billing.

efields 3y ago

Yep. Consulting is where you want to be rn.

danjac 3y ago
Everyone laid off will be hanging their consulting nail. Whether there are enough gigs for them is another matter.
jjackson5324 3y ago
Do you mean consulting as a developer? Or management consulting?
- efields 3y ago
  Network. Figure out what your network wants. I’ll still consult on dev stuff but there’s a lot of aging SMBs and retired execs who need a smart person on retainer to help them figure out… everything. Squarespace costs $300/year. Sell it for $3000/year with 4 seasonal updates or something. Adapt.
nunez 3y ago
I hope you like travel!

ejb999 3y ago

Absolutely - I did my best business during and after the big 2008 meltdown -companies threw out the good with the bad in order to save money (on payroll) and then realized they still needed stuff done - but many departments in many companies weren't (yet) allowed to start hiring back FT employees - it was a golden opp. for consultants, especially if you didn't charge obscene rates (good rates, just not obscene), i.e. rates high enough to make real money, but not so high they needed special approval by several layers of management.

scruple 3y ago
I started freelancing in '08 alongside my full-time job and by '12 had a sizeable down payment for my first home and a very healthy savings account. I didn't overcharge anyone and I leaned hard into former clients to find new work. I walked away from it around '13 because the well dried up. It hadn't occurred to me quite yet that a similar situation may be occuring right now but it makes perfect sense.

rco8786 3y ago

I've said this on here before, but I think we're about to see an explosion of "cloud exits" and a healthy consulting demand for companies who want help doing so. Cloud was a ZIRP, unless they drastically change pricing and billing.