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by j_autumn 2300 days ago
Consultancy was something that I thought about too. But I’m not sure if I feel „ready“ for it. Maybe there is a slight imposter syndrome here. I could see myself do consultant work for a week a month or so, never thought about arbitrage something like this. How difficult is the bureaucracy here? Having employees / paying them + their insurance seems like a lot of overhead to me.

Do you have more information how you would tackle that problem?

1 comments

You are ready - if you stick to your niche, you'll be competing with consultancies who might not even have a niche and don't have a deep understanding of all the nuances with the data that you do.

Re: bureaucracy - it depends a lot on where you're based, how regulated the industry is, and how sensitive the data is. I wasn't really suggesting hiring employees, you can find remote contract workers on freelancing boards as well (just be careful to filter out all the noise).