50% of your work is useless


twitter profile avatar
ConsultingHumor
Twitter Logo
@ConsultingHumor
12:0 PM • May 9, 2024
59
Retweets
397
Likes

There's a joke about consulting that goes "50% of the work we do as consultants is useful. We just don't know which 50%."

As an aspiring 1099, you may be wondering what work you can do that will help you get your first gig.

In my book, I tell you that working on a nice website is a waste of time. So are most big networking events/conferences.

One-on-one networking, building your skills, researching other contracts/clients you can support, these are all useful.

However, even within the activities we know are useful, we don't exactly know how they'll pay off.

For example, with networking, it always surprises me which contacts end up leading to something useful like a lead on a gig or a referral to a new potential employee.

So I'd say at least 50% of my networking meetings are useless.

Once you can accept that only a percentage of your efforts will yield tangible results, you can keep making progress without getting demoralized.

If only 50% of your work is useless, you do are doing pretty well.


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 control of your working life, earn more money and unlock more free time

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.

Read more from I'm Dale, the author of Going 1099

Me enjoying the workplace dramaSource I just met with a friend who is a deputy PM for a contract. He mentioned some drama with a few of his employees on the contract (HR complaint, desire for recognition, etc.). These employees give him headaches, even though the work is acceptable. He said if they would just do their work and keep their head down everything would be fine. You, as an aspiring 1099, could have an advantage if you're known for simply being a quiet professional. If you just do...

Mr. Miyagi is a 1099 SMESource In my book, I make a point that if you're already pretty senior (management level) at a company, it will be a little tricky to go 1099 (at least, using my methods) as there are less spots for senior people and most companies won't want to bring on a management level person as a 1099. I think if you're at this level, you have a few options. The first option is to fall back to an individual contributor type role. This might mean going back to doing work you did a...

1099 investment strategy resultsSource In personal finance, there is a difference between active investing and passive investing. Active investing involves looking for the next great investment to trade or buy. You research companies, analyze the data, and then buy or sell based on your findings. You are trying to beat what you can get from the broader stock market. Passive investing means putting your money into things like index funds. You basically just buy and hold and try to get normal...