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re: Self Employed And Consultancy - You Can Do It

Posted on 3/14/18 at 1:00 am to
Posted by YoungManOldMan
Member since Dec 2017
1882 posts
Posted on 3/14/18 at 1:00 am to
I have done the consulting thing on the side and have trepidation about going full time. I would have to see myself double to tripling my current income in three years and I’m not seeing that happening at this point in my career.

The basic rule of thumb before going full time is you need a full 6 months to 1 year salary in reserve with at least three hard/firm clients before even thinking about making the jump. There is more preparation involved than just that but that keeps many people from pursuing it and rightfully so.
Posted by Jim Rockford
Member since May 2011
98340 posts
Posted on 3/14/18 at 1:05 am to
When I see consultant I think "can't find a full time job" until proven otherwise. Plenty of exceptions, to that, but lots of folks slap it on their resume to avoid revealing they're out of work. Show me an active professional license and/or clients willing to recommend you to others and we'll talk.
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