I never cared all that much about analytics. I just happened to stumble on it and had a moderate interest in automating tedious stuff in Excel. Turns out this was valuable to my company and government clients, so I was able to use these skills to become a 1099. But because I am not super interested, I don't care to keep improving my skills beyond necessity. The problem is, there are people (many of whom are younger) who are SUPER interested in this stuff! They just live and breathe it. The thing is they're also cheaper too, so in a head to head competition on technical skills, a potential client would and should choose these younger technical guys to work with it over me, an "old" dude at 36. So should I motivate myself to master the latest data engineering and analysis techniques? Naw. You can't motivate yourself to do stuff you don't intrinsically want to do. So instead, I'm focusing on getting better at understanding client problems, building relationships, and as a longer term project, growing a business. If you're like me and are not interesting in increasing your technical competence forever, you should come up with something else to do that that can make you valuable on the 1099 market (or whatever is you choose to do). If you're a W2 employee, the default path is management, but most people aren't naturally interested in that either. Be a little thoughtful about what you want to do once you start "aging out" of technical work. Getting ahead on your own terms is better than falling behind someone else's. If you're interested in learning how to get your first solo 1099 federal sub-contract, check out my book: |
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...