Reply to Those of you with 200K+ jobs & are NOT doctors/lawyers: what do you do & how did you find your jobs?

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Reply to "Those of you with 200K+ jobs & are NOT doctors/lawyers: what do you do & how did you find your jobs?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My friends and I are all in IT and we all breaks $300k+ easy.

Several of them work from home and they take two 1099 jobs at the same time as one job is just wasting time. They pull in around $350k. That's work smart, not harder.

I on the other hand specialize in a very specific industry and I pull in $400 to $600k depending on the year. Will make around $650k+ this year.

[/quote]

Please elaborate - http://www.businessinsider.com/highest-paying-tech-jobs-in-america-2017-3/#-10

Link me to a single IT job posting on Indeed that pays more than $300k.[/quote]

That's the 1099 PP point, these are more akin to small business owners. They come into the customer (usually a small business or maybe a smaller agency -- someone without deep IT expertise or knowledge), they sign up for a project or support contract such as implementing an ordering system or setting up AWS document management, nothing really sophisticated totally boiler plate solutions they use over and over again

The secret sauce is to borrow a page from Tim Ferris  and outsource most of the technical work to India. Also the connections on landing the contract, ive seen things like one of their big customers son's IT consultantany  is used.  But not just nepotism but it's a very inefficient marketplace built on who you know which is why prices remain high. [/quote]

I work at a large IT consulting company. The people making this much money are 1099s charging $150-250/hr. They either have their own company or have a buddy that has a company that handles taxes and invoicing for a small %. The guys that have those companies of 8-15ppl are the ones making the most money for the least hustle / effort. That said, large companies like to use the same contractors over and over and it is hard for someone new to break on. Once you do get a good gig, it's all about keeping the gravy train flowing. [/quote]

Guys!! The previous poster practically spelled out the recipe for you all! The key here is to "work from home" and "two jobs"! No special connections needed!!!

I'm exactly the same way. No special connections and not a super star by any stretch of imaginations.

Please follow these steps

1. Get your first 1099 / work from home job for say $150k all inclusive. It doesn't matter if it's a bit low. Key here is to work from home! Break away from the bad cycle of stuck at an on-site job. 
2. Stay there and get yourself familiarized with the environment, the work, the phone calls and how fast / slow the job moves. 
3. Around 4-6 month mark, when you are comfortable and you find yourself watch too much TVs?  Find yourself ANOTHER 1099 job BUT ALSO work from home one, preferably a bit higher since you already have one.. you can afford to be a bit picky, say $180k all inclusive.
4.  Work on both of them and see how you feel.  NO ONE with 1 job works 100% of the time. 
5.  If one of them start to go south, find a third one, and quit the last one.  If you can't handle it, quit the busier one. 
6.  Rinse and repeat.

Be self-disciplined, don't procrastinate (with two jobs, procrastination comes back to haunt you, trust me), and know how to handle meeting conflicts (rare, but it happens).  You get used to it after awhile

For me personally, working 2 jobs for one year,  in terms of saving is equivalent to 5-6 years of working if I had just 1 job.   4 years so far for me, I have saved around 20 years worth of saving.

You welcome!!

[/quote]

PP, thank you for this advice. I work from home and will start working a 2nd full time 1099 in September. Please provide advice about how to handle meeting conflicts between the 2 jobs. [/quote]

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