Howard Fosdick (630)-279 -4286 hfosdick@compuserve. com
Definitions
“We’re All Contractors Now!”
Rule 3: There are many ways to be an IC Based on different. . .
There are many ways to be an IC
Business Model Parameters
Business Model - Example #1 Technical Niche Specialist
Business Model - Example #2 Contract Programming Thru Broker
Business Model - Example #3 Technical Trainer
Business Model - Example #4 Experts Contracting thru Vendor
Why be an IC ? What are Your Goals ?
Ways to Work
Forms of Business
Forms of Business
Rates
How To Compute Rates
Rates Vary By. . . where you work, and what you do
How Much You Gotta Make ?
How Contract Programming Firms Work
How Brokers Make Money
Why You Care About the Broker’s Mark-up
How Recruiters Make Money Recruiters get $10 k - $40 k per placement (20% - 33%)
Credit-check your broker: www. experian. com @ $20 - $30
Why Brokers Predominate Book on 1706: www. icca. com $27 Broker or CP Firm
How to Handle 1706 Umbrella Firm : * Employer of record * Billing, Admin services * Group-rate benefits See: www. pacepros. com or www. contractorsresources. com
Microsoft “Perma-temp” Lawsuit
AVLs
IT Professionals Lose ! IRS 1706 H 1 B IT Labor is: * * Young Non-political Unorganized Lobby-less in DC UCITA “Special Interests are the greatest threat to democracy in America” -- President Jimmy Carter
Hiring -- IT Manager’s Viewpoint
2 Hiring Responses FACILITATORS GATEWAYS
One Way to Sell Yourself
Certification ? It’s up to you to determine Cert value for your area
You Need a Longevity Plan
Corollary: Technical skills are only the necessary precondition for larger success
Contracts
Insurance See www. ccbsure. com www. techinsurance. com
Why Liability Predominates Plantiff wins Defendant pays $$ to you, you share with lawyer $0 cost to Plantiff Defendant pays $$ for legal fees
How Do You Pay Yourself ?
Finances & Retirement
How to Get Gigs / Jobs
How to do Direct Marketing
Where to get Direct Marketing Info
-- Teach a Class
-- Write Magazine Articles
-- Be Quoted in Magazines
-- Write for Web Zines
-- Give Presentations
-- Be a User Group Leader
-- Write a Book
-- Internet Discussions
Resources
Resources for ICs
To Learn More. . .