The Independent Software Developer (Webvisions 2011)

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The Independent Software Developer (Webvisions 2011)

  1. 1. The IndependentSoftware Developer ... or how I learned to stop worrying and started my own business.
  2. 2. My Goal is to Do Things I Really Care About
  3. 3. The Problems I need more time. I need full ownership. I need to pay the bills.
  4. 4. The Solution Freelancing.
  5. 5. More Time
  6. 6. 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?
  7. 7. 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?
  8. 8. Freelancing = Flexible Schedule
  9. 9. Ownership
  10. 10. Don’t Cross the Streams (personal work and client work) 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.
  11. 11. Don’t Cross the Streams (personal work and client work) 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.
  12. 12. Freelancing = Flexible Ownership
  13. 13. Payin’ the Bills
  14. 14. Your Base RateExpenses x (1 + Tax Rate) / Working Hours / Billing Ratio • Expenses • Tax Rate • Working Hours • Billing Ratio
  15. 15. Your Base Rate$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour • Expenses • Tax Rate • Working Hours • Billing Ratio
  16. 16. Your Base Rate$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour • Expenses • Tax Rate • Working Hours • Billing Ratio
  17. 17. Your Base Rate$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour • Expenses • Tax Rate • Working Hours • Billing Ratio
  18. 18. Your Base Rate$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour • Expenses • Tax Rate • Working Hours • Billing Ratio
  19. 19. Your Base Rate$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour • Expenses • Tax Rate • Working Hours • Billing Ratio
  20. 20. Your Base Rate$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour • Expenses • Tax Rate • Working Hours • Billing Ratio
  21. 21. 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.
  22. 22. Freelancing = Flexible Finances
  23. 23. My Goal is to Do Things I Really Care About
  24. 24. Get In Touch Peat Bakke peat@i26r.com @peat i26r.com

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