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[quote=Anonymous][quote=Anonymous]I decided to stay home with my kids for now.  I might go back as a 1099 at some point in another year or two.  I am still in touch with a couple local clients.  Part of me wants to try something new, but it's tough to break away from a known thing making decent money.  We shall see!

My DH started his own consulting business (gov't contracts) a few years ago and it's been doing pretty well.  You could go 1099 if you have good contacts.  Very minimal selling - just yourself.  You could even build your own little 8A (assuming you are a woman), but that definitely requires a lot of BD/sales work. I think that has the most potential though for making money in gov't consulting.  [/quote]

Go back to work right now!  Wifey was an IC -1099 making 125k, stayed home for a couple years to take care of kids, ended up being 10 years, now she's having a hard time getting back in.  Even with all the contacts I have, it's proven to be very difficult for her.

I'm an IC for over 20+ years.  In the good years I made over 200k easily.  Now I'm hovering around 165k, and scared like hell, because I know if I loose this contract it will be hard to find another like it.  All this due to tons of outsourcing to Argentina, India, V'nam, etc.  I know of at least 6 people right now on the market, all 6 figure earners, and they're finding it extremely difficult to find work.  It's hard out there - thanks to all the outsourcing, plus age discrimination.  I had one friend who recently had to downsize her house - lived in MC county, and now renting.  Her job went to India, all her kids are grown, she said screw it and sold her 2m house in 1 day!  Now she's renting an apartment and plans  on enjoying life.  [/quote]

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