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.
More time or more money
When I first went 1099, I worked only four days per week (and not even full days most of the time). It was glorious. I later moved to a full time schedule, but I'm still inclined to take time off for myself and leave money on the table. But, you may be biased towards working more and earning more money instead of taking time off. That's great too, and going 1099 is a great way to get ahead financially. The important thing to notice though, is that you have the choice of working more and earning more or working less and having more free time. If you work a W2 job, your ability to earn more or take more time off is pretty limited, often requiring you to switch jobs entirely if you want to change. So the real choice is not between making more money or taking more time off. The real choice is deciding whether or not you want to be able to control those two factors by going 1099, or staying W2 and let corporate policy dictate it for you. 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.
Grandpa Simpson commands SME level ratesSource Here's a rough bill rate estimate based on your experience level. Obviously, depending on what you do and the particulars of your contract, this could change dramatically, but I just want to give you sense of what I've seen. Junior (0-4 years experience): $75 - $100/hour Experienced (4-8 years experience) : $100 - $140/hour Very Experienced/Expert (8-15 years experience): $140 - $180 / hour Subject Matter Expert (15+ years of specialized...
Business development excitementSource I spoke with employee 1 of a 200 person government contracting company, and he described some interesting stages in a company: 0 employees - Use your network to get your first sub-contract 1 - 20 employees - Do good work, figure out some basic admin (finance/HR), get on GSA MAS or equivalent contract vehicles, leverage contacts to win small prime bids and continue to grow sub-contracts 20 - 50 employees - Hire some support staff (finance, proposal...
GSA rep responding to my proposalSource This past summer I submitted a proposal to GSA to get on their Multiple Award Schedule (MAS) which allows government agencies to buy your services at pre-negotiated prices. We submitted proposed bill rates for different LCATS and the GSA rep has responded, proposing some counter prices and a lower annual escalation rate. What's interesting is that even though we are negotiating, the whole thing is very routine. She asked that we just respond to her...