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.
End of contract opportunities
On occasion, a prime will have a vacancy on a contract that is ending in a relatively short time frame (under six months). These are opportunities for you if you're interested in going 1099. Many W2 employees are reluctant to join a contract at the end of its lifecycle because it means they may get laid off if the prime can't find another position for them. The prime may also be reluctant because they might not be confident in being able to place an employee if the contract ends which means they either have to lay them off or eat the overhead expense. However, you as a 1099 may be more risk tolerant and be willing to take a six month project in exchange for capturing most of the bill rates. Your additional "profit" is the compensation you take for assuming the risk there might not be a position for you at the end of the contract. If you're willing to take on that risk it's a great opportunity to get your first 1099 gig. 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.
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...