Was self employed and worked as contractor programmer for the longest time until a couple of years ago. Thought I would work less. Boy was I wrong. Chasing clients, doing taxes, invoicing people and praying they'll pay on time. Got sick of the not very dependable cash flow which was feast and famine cycles. Went to get a corporate job and even though the work is not as exciting and the codebase is legacy, at least I don't sweat the next paycheck.
Ask HN: How many of you are self employed?
211–220 of 446 posts
Re: Ask HN: How many of you are self employed?
#212In Poland, where I'm from, it's pretty much the norm to be self-employed in Poland in the IT sector. I believe that around 50% of workers are technically contracted one-man companies, and this percentage is inversely correlated with the seniority level - the greater the earnings (and the sense of job security that goes along with expertise and experience), the greater the incentive. Going B2B makes a substantial diff…
This would be quite risky where I am from, for both the freelancer and the employer. Being self employed, but only for a single customer, is false self-employment. If you get caught, your employer has to pay taxes and social security contributions retroactively for up to 4 years, and afaik both the employer and the freelancer are liable for the money owed to the tax office and social securities. If you are caught doi…
sure that the case in lot of countries but is something really wrong with idea to have 2+ clients as minimum because reason why work done in that way is because person doing it don't wanna agree on terms that 'employment' contract is required and if that 'single' client is gone he always can get another one in few months. Sometimes you work with few clients in single year but sometimes it just one for 2-3y. And worth part that in some places taxes on self-employment might be higher.
Re: Ask HN: How many of you are self employed?
#213Most of my 30+yrs in on-site biz support are SE. I do most everything that small-med biz need done. Mostly Microsoft but some *nix/BSD.
I build firewalls, deploy workstations, troubleshoot crapware like Quickbooks, setup/maintain domains, admin MS exchange/azure, build/run mail servers, virtualize things, fix hardware inc med & pharma equip (with son #3).
Lots of other things except web - which is done by my long-time friend/biz partner.
I've been employed on and off (mostly by clients) and prefer that but circumstances always intervened.
Pros: Flexible sched is plus to deal with family demands and endless crisis. Cons: Uninsured.
Re: Ask HN: How many of you are self employed?
#214Consulting (mostly DT/business process) since end of 2014.
Re: Ask HN: How many of you are self employed?
#215Earlier quoted context omitted.
> And, a fun technicality - I truly self-employed in the sense that I have a salary and a payroll system. That's how most devs here in Norway would do it. Make a "proper" company, where you own 100 % of the shares. Then hire yourself, and pay yourself salary, withhold taxes, pay into a pension program etc. Mainly because if you make good money, it's better to leave some of it in the company (and for instance re-inves…
doesn't the 'company' itself also pay taxes on the income? For most solo folks in the US, the revenue flows directly to you. You could set up a more complex corporate structure to hold the income that you don't pay to yourself, but that corporation would itself have to pay taxes on the income too. I suspect there's not any real savings/benefit until there's enough 'leftover' money to start getting creative/flexible.
Company taxes are paid based on the profit. If you spend all the company income, on salaries or equipment or whatever, there’s no profit, and thus no taxes.
Re: Ask HN: How many of you are self employed?
#216Most of my 30+yrs in on-site biz support are SE. I do most everything that small-med biz need done. Mostly Microsoft but some *nix/BSD. I build firewalls, deploy workstations, troubleshoot crapware like Quickbooks, setup/maintain domains, admin MS exchange/azure, build/run mail servers, virtualize things, fix hardware inc med & pharma equip (with son #3). Lots of other things except web - which is done by my long-tim…
Backstory to the above, if you want it:
In 1990 near DC, I did lawn care & hauling. I ingratiated myself with a guy who did GSA auctions and had a PC shop. I did auctions and learned to fix hardware for 2 years. His shop closed and DC is super expensive. I moved my kid and pregnant wife to FL (inexpensive back then) in 92. Worked as an mechanic at a car lot and at a small local IT shop.
In 93 I got a programming scholarship to college. In my last year the org funding me was shuttered as part of the Contract with America. I graduated but without connections, getting hired here was difficult. Two years of resumes yielded one distant job offer.
During that time I did residential IT, which is about as fun as it sounds. I also handed out cards to every local biz and chatted up anyone who'd stand for it. Three years of that led to my first real client, an org for developmentally disabled adults (ARC) down south. I supported ARCs for years until I picked up a nearby automotive group.
I got sent back to zero a lot. The 08 meltdown hit car dealerships. I pivoted to local medical but market changes from the ACA ended that. Next was wife's MI (5 kids by then) and that chaos left me with 2 small clients until she left in 19.
During the entire 30 years, I had a friend and on/off biz partner. I gave him my ARC and pharma clients in 04 to focus on auto. In 19 he moved out of state and returned the pharma along with a web retailer. I picked up another med practice and am really busy sometimes.
Combined with income from 3 sons, we're making just enough to cover FLs (now) expensive bills.
Re: Ask HN: How many of you are self employed?
#217Currently self-employed as a.....rare coin dealer! Odd path for a tech nerd hacker like me, but certainly the most fun thing I've ever done with no plans to change this gig ever.
My backstory: Collected coins as a kiddo, took a 35-year detour into startup land: Started a VC-backed Web 1.0 company from 1999-2002, ran a non-tech company for ~10 years, then 2014-2022 did very traditional early stage tech product management / utility infielder roles. All fun times with at least one legit acquisition/IPO so far, but it turns out I don't love long zoom meetings and politics and formal process all that much.
In 2021 I started getting back into my old coin-collecting hobby and dabbled in buying and selling at a local coin show, and boy oh boy did that escalate quickly (it was one of the most fun and dopamine-filled weekends I can remember in a long time).
Cut to 2023 and I'm running my own rare coin business full-time -- buying, selling, and trading. It's such a fascinating business and very quiet multi-billion dollar industry with enormous opportunity. You need to have a passion for coin collecting and have a knack and aesthetic eye for quality (it's not all spreadsheet Moneyball), but man is it fun.
Feel free to AMA about being a tech nerd full-time coin dealer :)
Re: Ask HN: How many of you are self employed?
#218Earlier quoted context omitted.
> Being self employed, but only for a single customer, is false self-employment This is exactly what happens in Poland and everyone involved feels very smart for cheating the system. That's also why software from Poland is such a tacky crap despite so many "talents". The software professionals have no leverage to push back, they only can walk away. The irresistibile benefit is that one can write off buying a car into…
How is tax optimization related to the quality of developed software?
If you have to breach rules which are a standard in developed countries, means exactly that you are uncompetitive with your skills. Funny that social and salary dumping where exactly the populist argument that the British voters picked up most eagerly in referendum on Brexit. That's post-Communist mentality to feel satisfaction from "screwing someone over", it's devastating the social trust, on macro scale it doesn't pay well.
Re: Ask HN: How many of you are self employed?
#219I've been self-employed for the last ~18 months. In the past I started two VC-backed startups, then was a PM at some later-stage companies before returning to entrepreneurship. This time around, I'm building a solo "digital product studio" [1] instead of a startup. So, I'm staying one person, haven't raised money, and have multiple revenue-generating products. Product revenue doesn't cover my costs yet, so I do occas…
What is a creative residence?
Re: Ask HN: How many of you are self employed?
#220Currently self-employed as a.....rare coin dealer! Odd path for a tech nerd hacker like me, but certainly the most fun thing I've ever done with no plans to change this gig ever. My backstory: Collected coins as a kiddo, took a 35-year detour into startup land: Started a VC-backed Web 1.0 company from 1999-2002, ran a non-tech company for ~10 years, then 2014-2022 did very traditional early stage tech product managem…
Is forgery ever an issue?