The Independent Software Developer (Webvisions 2011)
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Transcript of The Independent Software Developer (Webvisions 2011)
![Page 1: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/1.jpg)
The Independent Software Developer
... or how I learned to stop worrying and started my own
business.
![Page 2: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/2.jpg)
My Goal is to Do Things I Really Care About
![Page 3: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/3.jpg)
The Problems
I need more time.
I need full ownership.
I need to pay the bills.
![Page 4: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/4.jpg)
The Solution
Freelancing.
![Page 5: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/5.jpg)
More Time
![Page 6: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/6.jpg)
Would You Rather ...A) Convince your boss to pay you to do personal
projects for 25% of your time at work?
B) Spend your evenings and weekends working on personal projects, in addition to your work day?
C) Spend October, November, and December working on personal projects, without having to worry about going broke?
... maybe in a Mexican villa?
... on the beach?
![Page 7: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/7.jpg)
Would You Rather ...A) Convince your boss to pay you to do personal
projects for 25% of your time at work?
B) Spend your evenings and weekends working on personal projects, in addition to your work day?
C) Spend October, November, and December working on personal projects, without having to worry about going broke?
... maybe in a Mexican villa?
... on the beach?
![Page 8: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/8.jpg)
Freelancing = Flexible Schedule
![Page 9: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/9.jpg)
Ownership
![Page 10: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/10.jpg)
Don’t Cross the Streams
It would be bad.
Try to imagine all life as you know it stopping instantaneously and every molecule of your
body exploding at the speed of light.
(personal work and client work)
![Page 11: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/11.jpg)
Don’t Cross the Streams
It would be bad.
If you are getting paid to write code, you most likely don’t have the copyright to that code.
If you don’t have the copyright, you can’t (legally) contribute it to an open source
project.
(personal work and client work)
![Page 12: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/12.jpg)
Freelancing = Flexible Ownership
![Page 13: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/13.jpg)
Payin’ the Bills
![Page 14: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/14.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
Expenses x (1 + Tax Rate) / Working Hours / Billing Ratio
![Page 15: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/15.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
![Page 16: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/16.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
![Page 17: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/17.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
![Page 18: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/18.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
![Page 19: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/19.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
![Page 20: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/20.jpg)
Your Base Rate
• Expenses
• Tax Rate
• Working Hours
• Billing Ratio
$50,000 x (1 + 0.3) / 1500 / 0.7 = $61.90 per hour
![Page 21: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/21.jpg)
Focus on Your Expertise
Do not write your own contracts.
Do not prepare your own taxes.
Do not run your own payroll.
Prepare to spend about $3,000
$2.19 increase in your base rate.
![Page 22: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/22.jpg)
Freelancing = Flexible Finances
![Page 23: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/23.jpg)
My Goal is to Do Things I Really Care About
![Page 24: The Independent Software Developer (Webvisions 2011)](https://reader034.fdocuments.in/reader034/viewer/2022042623/546fc7ebb4af9f3a0b8b46b5/html5/thumbnails/24.jpg)
Get In Touch
Peat Bakke
@peat
i26r.com