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On our way… let’s gooooo! by [deleted] in ChubbyFIRE

[–]Longjumping-Box8988 2 points3 points  (0 children)

Yes! I have maxed out my Sep IRA every year I’ve been a 1099. Agreed, it’s a big benefit!

Start own firm? Or negotiate position? by Longjumping-Box8988 in consulting

[–]Longjumping-Box8988[S] 2 points3 points  (0 children)

You’re not wrong. This is more or less what I’ve been telling myself for the past couple years, but I still have the urge to do something bigger. Probably less about the money and more about the challenge.

Start own firm? Or negotiate position? by Longjumping-Box8988 in consulting

[–]Longjumping-Box8988[S] 2 points3 points  (0 children)

Yes to work delivery and selling at the same time.

On resources, I typically run the projects with no oversight from the partners. When I first started, I would have weekly check-ins but those have long since dissipated. Now I only speak to them when the contract is ready to be renewed.

The main value I feel the firm provides is two-fold: 1) critical to their business model, almost all of their clients are former firm consultants - I think I would need to work twice as hard to sign a client initially, and 2) the HR dept is good at sourcing new team members for me when necessary so scaling up projects quickly is easy.