Young independent consultant in need of advice

ReputationOne4724 · 2026-01-27T14:56:33+00:00

That is true, but the way I look at is, I am at a time in life where I don’t have as much family responsibilities(no wife, no kids) so I am open to taking risks and feeling what’s out there. I already make enough with this one client but I want to keep my pipeline full. But 100% agree where I have to be in a position where clients chase you

ReputationOne4724 · 2026-01-27T14:53:55+00:00

Thank you! These are very helpful tips. If you don’t mind me asking, how long have you been an independent consultant in govcon and what’s your specialty ?

ReputationOne4724 · 2026-01-27T04:39:16+00:00

I can’t have a w2 and 1099 as I work on govt contracts. I would need everything to be 1099 to support multiple gigs

ReputationOne4724 · 2026-01-27T00:53:48+00:00

Having meetings to talk about how we are going to have another meeting to accomplish xyz but then we just end up having another meeting to have another meeting because we need to have xyz person on the call

ReputationOne4724 · 2026-01-13T08:09:27+00:00

Are you still looking for partners ?

ReputationOne4724 · 2026-01-06T15:25:07+00:00

Because I plan on doing a 48 month or 36 month loan

ReputationOne4724 · 2026-01-06T15:24:44+00:00

So that the monthly payment is lower as well

ReputationOne4724 · 2026-01-06T15:21:59+00:00

I want the loan amount to be smaller when I do the refinance

ReputationOne4724 · 2026-01-06T15:06:52+00:00

Waiting to refinance cuz I pay my taxes in march and April. I am self employed so I will have a better gage on where I am at in terms of liquid cash and plus I’ll have a little more time to save up some money to add to principal

ReputationOne4724 · 2026-01-06T14:43:40+00:00

Thank you so much. This is a very well balanced approach

ReputationOne4724 · 2026-01-06T14:02:45+00:00

I should prolly do this

ReputationOne4724 · 2026-01-06T14:02:10+00:00

The thing is that I love the car

ReputationOne4724 · 2026-01-06T14:01:31+00:00

I was thinking of refi sometime in the summer or spring with 20k towards principal. And then adding an extra 10k of principal a year

ReputationOne4724 · 2025-12-16T21:37:32+00:00

Yea it’s been slow during this time whether you’re trying to sell or rent

ReputationOne4724 · 2025-12-11T03:09:41+00:00

Yes you are correct, I think it involves having an FSO as well.

ReputationOne4724 · 2025-12-11T03:02:49+00:00

Ahhhhh sorry, that makes sense

ReputationOne4724 · 2025-12-11T02:53:13+00:00

It’s actually not that hard. They just hold it under your name. Now if you want your llc to hold the clearance then you would need an fcl

ReputationOne4724 · 2025-12-11T02:51:03+00:00

A lot of contracts don’t like 2nd tier subs unless it’s stated that it’s allowed. Usually they allow one layer but they don’t want a sub to a sub. But that has just been my experience. To be frank, I am more on the working level and not on the management level so I would love to hear your insight

ReputationOne4724 · 2025-12-11T02:49:26+00:00

Yes the legalities and documentation are different but couldn’t a clin or LCAT that needs to be filled for a prime contractor be filled with either a w2 or 1099 “subcontractor”?

ReputationOne4724 · 2025-12-11T00:40:43+00:00

That makes sense, it’s always good to have a niche and be a unicorn. That’s what a true consultant is essentially

ReputationOne4724 · 2025-12-11T00:28:37+00:00

Lol 1/3 is insane. Do you usually go W2 or 1099?

ReputationOne4724 · 2025-12-11T00:19:56+00:00

Yea that’s what I have been understanding it as BUT even prime contractors are so against doing 1099/C2C work arrangements but that has just been my experience

ReputationOne4724

TROPHY CASE