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.
The system is rigged
You ever notice the same companies seem to wig the big government contracts over and over again?
Well, that's because the system is rigged.
It's not rigged in the sense that it's corrupt, but rather, it's rigged because over time the federal government procurement system has evolved to:
- Favor large companies
- Favor incumbents
- Favor low prices over performance
- Favor companies with significant resources
The chances of you winning any sort of significant contract using the procurement process and bidding on stuff is pretty low.
But, all systems have weaknesses and flaws that you can take advantage of as an aspiring 1099.
For example
- Large companies win big contracts, but can't fill 100% of the staffing needs. You can be in that 10% they can't staff as a 1099
- Incumbents have good client relationships but, you can also develop good client relationships via previous projects and companies. Leverage it to get a 1099 gig.
- Big companies have low prices and their margins can be slim due to overhead. You have low overhead because you have no staff or office. You can pitch a "low price" to the prime and still be far more profitable
- Big companies have lots of resources. You have little to no resources but you don't need that many. A little hustle and some savings go a long way.
You won't change the system, but you can take advantage of it and get a 1099 gig that dramatically improves your earnings and lifestyle.
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.
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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...