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 :).
Ask HN: How many of you are self employed?
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Re: Ask HN: How many of you are self employed?
#292Currently 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…
Re: Ask HN: How many of you are self employed?
#293Currently 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…
Re: Ask HN: How many of you are self employed?
#294Earlier quoted context omitted.
This looks really useful, I've used similar websites in the past but it's nice that it's all together here in one place. If only you could not have it redirect on load, it makes the back button break. Clicking back to return to hackernews is almost impossible
Press and hold the back, then select the one you want, works on many browsers
Re: Ask HN: How many of you are self employed?
#295I went from full time employment to freelancing in 2010 or so. I wouldn't do that again. Freelancing is the worst parts of a full time job and the worst parts of entrepreneurship combined in retrospect. I then founded a software services company where I currently work and grew it. It's been a very rewarding journey so far. I'm not sure if either of these qualifies as "self employed" but that's that. :)
Does it mean it's around your software product, or it's some sort of agency?
Re: Ask HN: How many of you are self employed?
#296Self-employed on and off as a graphic and web design consultant since 2005 or so, with some time in offices, making websites with static generators, PHP/WordPress, and Python/Django, and print work with pencil, ink, paper, and graphics apps. Tips: 1. Live simply and reduce expenses. Avoid debt if you can. Rice and beans recipe: https://hypertexthero.com/eat-play-read/ 2. Try to be nice to other nice people and stay i…
Besides the obvious message here (less spending, more money to save), the simple life is that gives you less headache and burden of administration, which is a huge pro when it comes to "being on your own" (eg managing yourself as a business).
In general, minimalistic lifestyle xnot owning stuff (especially expensive stuff like a car, home, etc) gives so much freedom...
Re: Ask HN: How many of you are self employed?
#297Earlier quoted context omitted.
What is a creative residence?
Kind of like a structured professional sabbatical / workcation with a built-in community and some events. (I paid for it, to be clear.) Here's a video one of the residents made about the program I did: https://vimeo.com/350701368
Re: Ask HN: How many of you are self employed?
#298Currently 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…
Re: Ask HN: How many of you are self employed?
#299Earlier quoted context omitted.
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.