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Ask HN: How many of you are self employed?

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Re: Ask HN: How many of you are self employed?

#231
post #217

Currently 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…

Are you hiring? Haha

Re: Ask HN: How many of you are self employed?

#232
I was self-employed from 2020-2022, mainly for tax reasons. There are lots of things 1099 employees can deduct from taxes (home office rent, lunches, any work-related electronics and furniture you buy that the company doesn't reimburse, etc.)

Just make sure that when you negotiate the rate you bump it up enough to account for self-employment tax, health insurance, and vacation time. The company would have to pay for these anyway for W-2s (self employment tax becomes payroll tax) so they shouldn't be opposed to the slightly higher rate to account for these things.

It's idiotic that W-2 cannot deduct these but it's reality.

As a bonus if you ever work overtime you actually get paid for your additional work. Another thing W-2s should get but don't.

Re: Ask HN: How many of you are self employed?

#233
post #217

Currently 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…

If you're comfortable answering, I'd be SUPER interested to know how the income compares to tech!

Re: Ask HN: How many of you are self employed?

#234
post #98

I'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…

I have a similar story. I’ve been self-employed for the last 6 months after 14 years of startups. Started out as an engineer in TN, and moved to SF a couple years ago where I got into management just in time to help with rounds of layoffs. Got some severe burnout, quit, and now I’m working on my own products while doing consulting/contracting on the side through my agency. I live fulltime in an RV traveling the count…

How do you find work? I've been trying to start a similar consultancy but I've had a hard time finding organizations who don't want staff augmentation.

Re: Ask HN: How many of you are self employed?

#235
post #217

Currently 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…

How does tech help you to run this business?

Re: Ask HN: How many of you are self employed?

#236

Self employed on Maths education. Doing a variety of part time job, mainly tutoring. Salary is not great but somehow I'm on my 12th year of being self employed

Math tutoring was my main gig for years around and after college. In New Jersey I had plenty of $50/hr cash clients (circa 2010). Some were even up to $100/hr.

It's an excellent self-employment opportunity with virtually zero costs (other than traveling to students by car).

Re: Ask HN: How many of you are self employed?

#237
I'm currently self employed, but I just accepted a role in big tech. After 4 years I was able to set up my recruiting company to run without me, so I can earn about $300K-$500K per year from that, plus my full-time salary.

I'm also working on a new SaaS product (co-pilot + CRM for small recruiting agencies). I'm looking for someone to work on it with me. Tech stack is svelte kit + node + python for custom models. I have an audience of 160K followers on LinkedIn, mostly recruiters, that I can reach when the product is launched.

If you are looking for an interesting side project that will generate revenue, email robert at getditto dot com.

Re: Ask HN: How many of you are self employed?

#239
Yup, self-employed embedded firmware and hardware engineer. I mostly consult on things like wearable sensors (especially class 2 and class 3 medical devices) and industrial control systems. I also have a bit of an odd niche in phosphorescence-measurement instruments for research and practical applications. The closer to the metal, the better! The tighter the power requirements, the better! The more connected, the better!

Been doing it independently for almost 14 years now. Was based in Minnesota, but now I'm in Colorado. Wouldn't have it any other way.

Re: Ask HN: How many of you are self employed?

#240

Earlier quoted context omitted.

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…

I still don't see how developing high quality software is related to one's personal viewpoint on taxes.
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