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Are you saying that you’re using consulting to supplement your main job so that your total yearly earnings are $200,000+? Or are you saying that when you consul
by paulcole 2y ago
Are you saying that you’re using consulting to supplement your main job so that your total yearly earnings are $200,000+? Or are you saying that when you consult for $100/hour you’re technically at 200k TC “short term” because if you did it full time then you’d make $200,000 a year?
- muffa 2y agoNot OP, but if you charge $100 per hour: $100 * 40h/week * 52 weeks/year = $208k
- paulcole 2y agoYeah the math checks out lol. My follow up point was going to be that to do that you're likely going to be either a) working more than 40 hours a week in order to book that much work or b) paying someone to do that work for you which would reduce your take-home as the business owner. I don't know anybody who books 2000 hours of consulting work a year with just a tiny bit of overhead time.