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Or: Why work 8 hours/day for someone else when you can work 16 hours/day for yourself? I've been a consultant of one form or another since 1985 when I started my old company, V-Systems, with a friend from college, and actually did bits and pieces of consulting as early as 1982. I have been asked often about the business, and I decided to write this up. Please note that I am providing observations from my own personal experience, but I am not providing tax or legal advice. You need to pay somebody for that, and I'm not qualified. Furthermore, I am not even attempting to make this a comprehensive guide for everything required by one in or contemplating the consulting business.
The first time you try to fill an open position, if you’re like most people, you place some ads, maybe browse around the large online boards, and get a ton of resumes. As you go through them, you think, “hmm, this might work,” or, “no way!” or, “I wonder if this person could be convinced to move to Buffalo.” What doesn’t happen, and I guarantee this, what never happens is that you say, “wow, this person is brilliant!
“We finished up the round with one of the angels we met through AngelList. If we had more room, we would have probably taken a few more that were interested.”
A few months ago I had the opportunity to have dinner with Ramit Sethi . We shot the breeze about business topics for a little while — optimizing email opt-in rates, A/B testing to victory, pricing strategies, and the like. Writing and selling software is solidly in my comfort zone and is what I usually talk about on this blog. If you want that, skip this post . We are going deep, deep into the fluffy bits!
“Every time the other party says ‘I want’ in a negotiation, you should hear the pleasant sound of a weight dropping on your side of the leverage scales.” After weeks of fund-raising, you find a brave investor who says “Yes, I want to invest.” He says he will give you an offer soon.
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