visionisgmi on Nostr: Trading your time for money is a terrible idea If you can get paid by the project ...
Trading your time for money is a terrible idea
If you can get paid by the project that’s another story
A problem that takes a week for someone or even a team of people to figure out another guy can come in and fix in 30 mins
Bearing in mind consulting is one of the worst choices unless you can command absurd rates
Assuming you charge $100/hr and can consistently do this 40 hours per week is 2000*100 = $200K cap
In Ontario effective tax rate ~34%
max takehome ~131K
Impossible to get rich this way
You need performance-based comp or better yet a business that prints while you sleep
note1ant…s0ly
Published at
2024-09-23 17:04:23 UTCEvent JSON
{
"id": "d70c002a12f7c5a4f61c997cd269c52f23179fa01eb23c0c1632698b6f232d9c",
"pubkey": "6aaed1c2a01892af99a75e7123b181c906b9908ef1076769508e23765ce84f00",
"created_at": 1727111063,
"kind": 1,
"tags": [],
"content": "Trading your time for money is a terrible idea\n\nIf you can get paid by the project that’s another story\n\nA problem that takes a week for someone or even a team of people to figure out another guy can come in and fix in 30 mins \n\nnostr:note12nmt5meqpuv05plsepa2yv6zhnyeyjctl6lf5pa7e0pfuakgdx9quylnh9",
"sig": "f6e4a6edda4f0d711e36e3596589aad759ff2858a22a0ee53a6b998a0bbe715aa830fb16c3664398399da28a2d6191b4b2412100792970c061fea684ecb82672"
}
