Ask HN: How do you control consulting work and concentrate on startup work?
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Re: Ask HN: How do you control consulting work and concentrate on startup work?
#2Re: Ask HN: How do you control consulting work and concentrate on startup work?
#3I love the variety of consulting so much that even after my ventures bring success I will still want to do consulting because it gives me that instant achievement satisfaction.
Don't focus on breaking free from consulting and before working on any other ideas get that first product released. Set milestones and treat it like your other work.
I'm still consulting until I get my own projects off the ground, my first launch took 1.5 years to finish, my next launch will be in a fraction of the time.
Re: Ask HN: How do you control consulting work and concentrate on startup work?
#4The bottom line is keep moving forward, and eventually you'll exit the workload brackish and emerge on the other end full-time on your startup.
I'm 100% bootstrapped and I'm going full-time on my startup November 1st - until then, babysteps shall continue!
Re: Ask HN: How do you control consulting work and concentrate on startup work?
#5For me it was simple; a 3-month consulting gig will give me a financial runway for the next year. So I am doing it, and nothing else. Come December 1st I will have enough to live comfortably for the next year, probably 2 years if I move to somewhere cheaper and bring my fiancee over.
Re: Ask HN: How do you control consulting work and concentrate on startup work?
#6So I did a substantial 7-month consulting gig last year, collected the cash and have been working on my startup since.
Incidental details: 1. I blew two months on a startup idea that was going nowhere. 2. I live cheaply.
Re: Ask HN: How do you control consulting work and concentrate on startup work?
#72. Pick or find consulting work that "scales well" meaning it allows you to leverage (sorry for jargon) knowledge/things you've already done or built. This type of work will be more efficient for you, more profitable and you can reinvest saved time into your startup.
3. Regarding multiple startup ideas, I'd pick one to focus on. Diversifying amongst startup ideas esp if unrelated doesn't work in my experience. It leads to doing them all half-baked which ultimately won't get you further from consulting which is where you want to be.
4. As mentioned below, we treated our own company as a client which meant we acted with same sense of urgency as we would with other clients. It is a good way to make your own venture a priority else it always gets back burnered.
5. This one is a bit drastic but exit the mortgage if you can by selling your home and renting. Fixed costs like mortgages can be like anchors for an entrepreneur. Take the money you may make and put some away for a rainy day fund for the wife/kids/you and a portion can be used to give your own venture some additional fuel or runway.
In same boat as you my friend so "feel your pain" although sounds like you have too much consulting biz which is a high class problem IMO.
Good luck. And if you figure out a "solution", pls let me know.
Re: Ask HN: How do you control consulting work and concentrate on startup work?
#8Re: Ask HN: How do you control consulting work and concentrate on startup work?
#9Re: Ask HN: How do you control consulting work and concentrate on startup work?
#10For me, trying to schedule "startup time" didn't work. There was always too much immediate consulting-type work to take care of.
So about a year ago I ran a Craigslist ad, spent a day wading through applications and making phone calls, and found someone that was willing to work on a part-time, on-call basis, for good wages but less than my consulting fees.
A year later, I've got a couple of people that I work with now -- sort-of employees-on-call -- and I was just able to take my first real vacation in 2.5 years. Everything was handled fine while I was unreachable. So now I've got plenty of time to work on software.
So, one solution is to run your consulting like a business for a while, grow it, get some contract help, stabilize it, and then manage it part-time.