the independent software developer (webvisions 2011)
Post on 22-Nov-2014
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The Independent Software Developer
... or how I learned to stop worrying and started my own
business.
My Goal is to Do Things I Really Care About
The Problems
I need more time.
I need full ownership.
I need to pay the bills.
The Solution
Freelancing.
More Time
Would You Rather ...A) Convince your boss to pay you to do personal
projects for 25% of your time at work?
B) Spend your evenings and weekends working on personal projects, in addition to your work day?
C) Spend October, November, and December working on personal projects, without having to worry about going broke?
... maybe in a Mexican villa?
... on the beach?
Would You Rather ...A) Convince your boss to pay you to do personal
projects for 25% of your time at work?
B) Spend your evenings and weekends working on personal projects, in addition to your work day?
C) Spend October, November, and December working on personal projects, without having to worry about going broke?
... maybe in a Mexican villa?
... on the beach?
Freelancing = Flexible Schedule
Ownership
Don’t Cross the Streams
It would be bad.
Try to imagine all life as you know it stopping instantaneously and every molecule of your
body exploding at the speed of light.
(personal work and client work)
Don’t Cross the Streams
It would be bad.
If you are getting paid to write code, you most likely don’t have the copyright to that code.
If you don’t have the copyright, you can’t (legally) contribute it to an open source
project.
(personal work and client work)
Freelancing = Flexible Ownership
Payin’ the Bills
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
Expenses x (1 + Tax Rate) / Working Hours / Billing Ratio
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
Focus on Your Expertise
Do not write your own contracts.
Do not prepare your own taxes.
Do not run your own payroll.
Prepare to spend about $3,000
$2.19 increase in your base rate.
Freelancing = Flexible Finances
My Goal is to Do Things I Really Care About
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