is pretty cool,

until you think about your charging rate vs. what you get paid.

7/14/2006 9:41:14 AM

ha, that's when you become an independent consultant, and your charging rate becomes what you get paid.

Yeah, i know, easier said than done.

7/14/2006 11:14:19 AM

yeah i don't like thinking about my bill rate - it angers me a bit

what do they bill you out at daily?

7/14/2006 11:36:55 AM

yeah, what my company charges the customer for my services is like 3-4x what i make.

[Edited on July 14, 2006 at 11:42 AM. Reason : df]

7/14/2006 11:42:23 AM

in the range of 150-200/hr.

obv. im making a fraction of that. still kinda a cool thought though.

7/14/2006 12:36:02 PM

A buddy of mine worked for Oracle, consulting out to their customers, making around 50k a year, but they were billing him out at $300 an hour. After a couple of years, and building relationships with his customers, he became independent, landed contracts with a lot of the same customers at a lower price to them, but was making 5 times as much as he was before. After a while, he hired a lot of his former co-workers from oracle away by doubling what they were making, and is pretty much rolling in it now.

This is what i want to move towards... but only after my wife starts working.

[Edited on July 14, 2006 at 2:11 PM. Reason : ag]

7/14/2006 2:10:53 PM

Most initial contracts that you sign with a company when you start work prevent you from doing that of a couple of years.

your buddy got a really sweet deal if he didnt violate any agreements.

7/14/2006 2:28:28 PM

yeah i agree with pilgrimshoes - that would violate just about all of the contracts i'm on - which are designed to make that not possible

they bill me out at 1400/day for the project i'm on now because it's my long-term project rate - meh

7/14/2006 3:22:30 PM

I agree with this thread.

7/14/2006 4:42:43 PM

^^just offer a slightly different service, how long does that no-work clause thing hold?

[Edited on July 14, 2006 at 6:25 PM. Reason : lj;dfs]

7/14/2006 6:25:06 PM

the service isn't the problem - it's the clients that are

7/14/2006 7:44:39 PM

I was always under the impression that non-competes (that's what we're talking about here, right) weren't worth a good god damn if you brought up a legal challenge...

7/14/2006 8:51:31 PM

back to the orignal topic:

I know exactly how much my company profits off me. I've paid for myself already

7/14/2006 9:14:48 PM

Quote :

"I was always under the impression that non-competes (that's what we're talking about here, right) weren't worth a good god damn if you brought up a legal challenge..."

lets let the adults discuss these things

7/14/2006 10:21:44 PM

Quote :

"Most initial contracts that you sign with a company when you start work prevent you from doing that of a couple of years. your buddy got a really sweet deal if he didnt violate any agreements."

Yeah, i'm not sure how he got around that, as he probably would have had to sign such an agreement.

7/15/2006 8:54:42 AM

Basically if you position yourself as not only a good worker but a friend to your clients
you can do whatever you want.

I have a friend that if he left my former engineering firm about 1/2 of their repeat business clients would go with him.

7/15/2006 12:47:12 PM

except for the fact that he's not allowed to

Doctors face pretty much the same thing - when a doctor signs up with a lot of these huge mega-insurance companies, if they stop carrying that insurance, then they're not allowed to see any of the patients they got as a result of having carried that insurance previously

7/15/2006 1:08:46 PM

I'm pretty sure that there are enough loopholes in the laws to make it possible, you might have to be creative, but I would think it could be done some way or another.

7/15/2006 3:36:23 PM