171–180 of 446 posts
My goal is to continue consulting while releasing my side project.
Earlier quoted context omitted.
sounds like you simply really don’t like freelancers. you know no one stops you from accumulating reserves in your company or in general, right?
The point isn't that they doesn't like freelancers, but doesn't like how the employers misuse that to get workers without rights. "Oh, you're not employed here, so we don't have to follow labor laws, we can just terminate the contract".
And that was their preference. I'm totally fine with being fired; that flexibility is also part of what I sell. It's why they pay me more than they pay employees.
I've been working on https://webhook.site since 2016 when I posted it here on HN. In fall 2023, I quit my job to work on it full time, and it's one of the best decisions I've ever made. I have around 1400 subscribers, which is enough to pay myself a good salary. I've not done any funding or marketing so far.
I've been working on https://webhook.site since 2016 when I posted it here on HN. In fall 2023, I quit my job to work on it full time, and it's one of the best decisions I've ever made. I have around 1400 subscribers, which is enough to pay myself a good salary. I've not done any funding or marketing so far.
It's a great product. I have used to test things. One feature that might not align perfectly with your service but definitely something I would use is Email to webhook forwarding and vice versa.
I never understood what self employed means vs a startup. If I start a Delaware C and raise 20M am I self employed?
1 - No direct subordination relationship with a customer, you are a service provider, not a contractor.
2 - Focus is on revenues, profit and low debt, not growth above everything.
3 - No founding from venture capital investor. If you have a partner most probably she is also part of the operation, or expect to have a return on their investments from what the company sells, not by the company being sold.
4 - You draw a salary, if any, from the operation. There's no other source of money for you to survive other than your personal economies (see 2 and 3)
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I am based out of India 70% of my portfolio is in equity mutual funds, and the rest in safe instruments. The Indian stock markets have given good returns and my equity portfolio has been doing 17% CAGR (10% inflation-adjusted) But I have planned for conservative returns of 12 percent overall
That seems like a very ambitious rate of return, given that India seems to have ~4% inflation rate.
I've been working on https://webhook.site since 2016 when I posted it here on HN. In fall 2023, I quit my job to work on it full time, and it's one of the best decisions I've ever made. I have around 1400 subscribers, which is enough to pay myself a good salary. I've not done any funding or marketing so far.
Wow, I use your service all the time for misc testing and it's fantastic. Lean, responsive, and straight forward. I honestly didn't realize there way any paid option until I read this and took a look around the website to find it (I completely missed the upgrade button in the upper right). I figured I'd mention that from a user's perspective to give you a data point. Great service!
Earlier quoted context omitted.
sounds like you simply really don’t like freelancers. you know no one stops you from accumulating reserves in your company or in general, right?
You're funny. I've been self employed for the last 30+ years and I really enjoy it. But I know the risks and I'm making sure I don't get burned because having only one customer is just setting yourself up for various kinds of failure. I love freelancers and I love freelancing. But I know the difference between being a freelancer and running a company and being an employee in all but name and you really don't ever wan…
I appreciate that it sounds like you had a bad experience with a client though.
About 6 months ago I left my job to start my own company and make a language learning tool I always wanted to build ( https://www.langturbo.com ), It's something I use myself and I see real value in it. I'm fully bootstrapped and I have some months left of savings to try this out. If this doesn't get traction then I guess I'll have to get a "real" job again :).