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When I quit my job last year I had a couple things going for me: 1. I had freelanced before in college, so that life wasn't totally new. 2. I had a lot of con
by nathanbarry 14y ago
When I quit my job last year I had a couple things going for me:
1. I had freelanced before in college, so that life wasn't totally new.
2. I had a lot of connections so finding work was never a problem.
3. I had almost $30,000 in savings to even out the slow months.
4. I had iPhone apps that I had built in my free time while I was employed that were making $2k+ a month.
So quitting my job was not risky at all. In fact, I really dislike risk.
All that said, I did come fairly close to running out of money this last August when I had put all my time into the first book and a consulting client didn't pay a rather large sum of money. Now had I not been working on the first book, I never would have used up my reserve cash.
- neya 14y agoThese are some really key points that deserve some highlight. Thank you, Nathan. Cheers!
- sh_vipin 14y agoSalute to your efforts and I see a lot of commitment there. Would request you to add these posts in your post as well. Will help people directly coming over there. !! Once again congrats.
- pinaceae 14y agopoint 2 is the most important one in the long term - once your initial sources run dry, you need to find new clients/customers. this breaks a lot of freelancing careers, have seen this time and time again in my circle of friends. going solo means you not only spend time on building/creating stuff but also devoting time on building up a pipeline of work - which is initially a lot of unpaid work. good luck to you nathan!
- toobulkeh 14y agovery good points. While I agree with your initial post's synopsis (stay away from consulting) I also heavily agree that you might NEED it for starters. Thanks for the tips!
- weef 14y agoVery impressive story Nathan - you'll go far for sure. I would be interested to know now that you're working for yourself if you think you'll develop more iPhone apps in the future or does that effort consume too much time for the return?