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by troels 3411 days ago
Freelance is a lot of different things to a lot of different people. I've done short jobs in the past, but don't really like that. Now I'm doing longer contracts, with full time engagement and I like it a lot more.

After doing a couple of startups in various positions (as employee and as founder), I decided to do some contract work for a while. I'm on my second contract now. The contracts I've been doing both started out as 2-3 month full time, but were then extended. I'm billing roughly x2.5 of my best salary as a perm. I've been raising my wage each time, and I suspect I can raise it another 20% from where I'm now. Possibly more.

So far I've been getting work through network. I've been working as a developer for a while now, so I have a well sized rolodex, but I've been talking to a lot of recruiters - some of which had interesting contracts, so I might be getting my next job that way.

I've been billing by the hour btw., but in both cases, my employer didn't really care how much time I chose to work. In fact - the more, the better, from their perspective. They are large, established companies, so they have deep pockets and my boss isn't paying out of his own salary. From my perspective, billing by the hour means I'm getting paid for overtime, which is a good thing.

1 comments

As someone in a similar position doing full-time independent contracting, I'm curious to hear how you've handled adjusting your rates to the market for existing contracts?
I haven't. I just raised the price when I took a new contract. It's the same game as when you're full time employed, except you get to play it 1-2 times a year.