Going 1099 is a book that teaches you how to become a solo federal sub-contractor and gain control of your working life, earn more money and unlock more free time. I wrote it because quite a few people have asked me how they can become a 1099. I figured it was best to write a single book that I can send them and that I can share with others who are interested. This newsletter goes out Monday - Friday and covers topics that will help you succeed in starting and maintaining successful 1099 career.
1099 credit card games
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I used to be big into the credit card points games. I loved flying first class and staying in luxury hotels for free or almost free (still do in fact, I just slowed down during COVID and adding a kid to the mix). I started doing this before I went 1099, but as a 1099, you have a big advantage.
The first is beneficial because you have access to much higher number of credit cards with sign up bonuses. For example, in addition to the personal Capital One Venture X card, you can sign up for the Venture X Business Card. Capital One Venture X Business Card (not an affiliate link) The second is because you can easily hit large minimum spend requirements in one shot. If you have to make $10,000 payments to the IRS each quarter, you can get one or two bonuses per quarter. If you have two credit cards that each require $5,000 in spend to get 75,000 points, you can charge the taxes to your credit for a 2% fee and not have to think about it again. 150,000 points at a minimum is worth $1,500, so paying $200 in fees (which you can deduct as a business expense) is worth it to get the points faster. If you're into saving money on hotels or traveling in style, going 1099 can accelerate your ability to do. If you're interested in learning how to get your first solo 1099 federal sub-contract, check out my book: |
I'm Dale, the author of Going 1099
Going 1099 is a book that teaches you how to become a solo federal sub-contractor and gain control of your working life, earn more money and unlock more free time. I wrote it because quite a few people have asked me how they can become a 1099. I figured it was best to write a single book that I can send them and that I can share with others who are interested. This newsletter goes out Monday - Friday and covers topics that will help you succeed in starting and maintaining successful 1099 career.
One of the reasons a company would bring on a 1099 or a sub-contractor is because bringing on a full time W2 employee would be too risky. If a contract has a limited amount of time left on it and there is a vacancy, companies may not want to hire someone because they're not sure if they'll have billable work for the employee after the contract ends. This is when hiring a 1099 would make sense, even if it reduces their margin. They're trading margin in exchange for a lower risky profile. In...
Hi all, Not returning to the newsletter just yet but thought I'd send out a link to an interview I did with Jonathan Stark on his podcast, Ditching Hourly. https://podcast.ditchinghourly.com/people/dale-davidson Jonathan advocates for getting away from hourly billing in your independent consulting practice. I agree, but I discuss why that's difficult in government contracting but why it might be okay anyway, particularly if you're jus getting started. He's a great follow for those of you who...
Hi all, I've enjoyed writing this newsletter for over a year now, but I've decided to take a hiatus for the time being. There is an extensive archive if you'd like to go back and read the previous ones. As always, if you have 1099 questions, feel free to ping me via e-mail at dale@1099fedhub.com. Good luck to you all! -Dale If you're interested in learning how to get your first solo 1099 federal sub-contract, check out my book: Going 1099: How to become a solo federal sub-contractor and gain...