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consultingfreelancing.html
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<!doctype html><html lang="en"><head><meta charset="UTF-8"><meta name="viewport" content="width=device-width, initial-scale=1"><meta http-equiv="X-UA-Compatible" content="ie=edge"><meta name="description" content=""><!-- Bing --><meta name="msvalidate.01" content="45CBBE1BD8265A2217DFDA630EB8F84A" /><title>Tiny Brain Fans - Consulting/Freelancing</title><link rel="stylesheet" href="tinystyle.css"></head><body>
<main id="main"><article id="content"><h1 id="title">Consulting/Freelancing</h1><blockquote>
<ul>
<li>Decide how much you want to make. Let's use a nice round number. USD$100,000 (Not saying this is your number, yours may be USD$250,000, or whatever. This is just an example.)</li>
<li>Remember to add health insurance, business insurance, error & omission insurance, taxes and fees and everything else. (Call an insurance broker, techinsurance.com, etc.)</li>
<li>Let's call this compiled number USD$150,000. (again, just an example.)</li>
<li>Double it. USD$300,000. You can expect no more than 50% utilization, and you have to spend time finding the next client/gig/opportunity. So you will only make half a years worth of hourly salary.</li>
<li>Convert to hourly. There are 2080 working hours in a year. So you can have a vacation, call it 2000. Divide 300,000 by 2,000. That's 150. So your hourly rate is $150/hour.</li>
<li>If you are 50% utilized, you will make USD$150,000 per year. With six months of time to find work, have a vacation, keep your certs alive, and expand your skill set.</li>
</ul>
</blockquote>
<h2>References</h2>
<ul>
<li><a href="https://www.reddit.com/r/talesfromtechsupport/comments/l2pqsl/handover_of_work_total_disaster/" target="_blank">https://www.reddit.com/r/talesfromtechsupport/comments/l2pqsl/handover_of_work_total_disaster/</a></li>
<li><a href="https://thomasorus.com/freelancing-notes.html" target="_blank">https://thomasorus.com/freelancing-notes.html</a></li>
</ul>
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