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Re:No office, no boss, no boundaries – rise of the nomadic rich by michaelochurch on Monday January 07, 2013 @11:16AM (#5021677)
I think there's an exponential return on efforts for a lot of this work. Most people can't take away enough time from their day job and responsibilities to get good at it, but people who do and take an investment mentality (investing their surplus time back into their skills and contacts) can take off.

For example, if I spent 6 months on an app, I doubt it would pay rent, because there's a lot I'd have to learn and it would probably (?) be amateurish. On the other hand, if I cut out 18 months and kept iterating, I'm sure I'd do better, financially, than I'm doing at my day job.

I haven't won this game yet (I have a fairly typical day job for a top-5% programmer of my age) but it seems like the trick is to find an avenue where you can rapidly get better, invest heavily in yourself when you find it, and eventually be independent.

Re:No office, no boss, no boundaries – rise of the nomadic rich by lucaspiller on Monday January 07, 2013 @11:59AM (#5021897)
> On the other hand, if I cut out 18 months and kept iterating, I'm sure I'd do better, financially, than I'm doing at my day job.

This is exactly it. At his last job, my (now) boss started a project on the side. Eventually he had to quit, not because he was making lots of money, but because he didn't have enough time to support the side project. It was bringing in money at this point, but not enough to match his previous salary. He kept at it though, and eventually the revenue grew. Twelve months later, there are 15 of us and money in the bank :)

Re:No office, no boss, no boundaries – rise of the nomadic rich by zem on Monday January 07, 2013 @12:38PM (#5022090)
i've come to realise that there are people whose passion is figuring out what to do, and people whose passion is figuring out how to do it, and that as a "how" person i will probably always need/want a "what" person or company to be working for.

having no boss is nice in theory, but i suspect that in practice it'd become a drag because i'd have to personally fill in for all the value-add that my boss (and her boss, and so on up the chain) now provides.

Re:No office, no boss, no boundaries – rise of the nomadic rich by michaelochurch on Monday January 07, 2013 @12:17PM (#5021987)
May I ask what this project was? How did he know it was worth it to leave his current job?

It seems to me that the scary part isn't the month or few without income, but the risk that you can't get back into your old gig (or something comparable). That's a very small risk of course, because developers are in high demand, but enough to give pause.

One month to try something cool is a small cost, but quitting your job usually means you can't go back in the same standing.

Re:No office, no boss, no boundaries – rise of the nomadic rich by tomjen3 on Monday January 07, 2013 @12:35PM (#5022070)
If you really can't get a job anywhere as a good developer, or as a freelancer, you probably should check what you are doing wrong.

You aren't likely to go back to your previous job, but even a failed startup should qualify you for a better job.

If you have the oppertunity, go for it. You regret the things you didn't do more than the things you did do.

Re:No office, no boss, no boundaries – rise of the nomadic rich by michaelochurch on Monday January 07, 2013 @01:40PM (#5022416)
What you say is all true, but there's one thing that probably hasn't hit most HN readers yet: the job-hopping stigma. It sucks that it exists, but it can catch up with people after a certain point.

Yes, good programmers can generally get better jobs quickly, but there is a point some people get to where the "job hopper" image starts to hurt them. Most people, if they see a string of 6-month jobs, assume this person is constantly getting fired.

Re:No office, no boss, no boundaries – rise of the nomadic rich by kyllo on Monday January 07, 2013 @02:28PM (#5022671)
On the one hand, if you are in need of work (maybe you quit to do a startup and then your startup failed) and you do you have a resume that is starting to throw the "job hopper" flag, it might be time to ask yourself why you're even applying for another company and if you'd be better off reinventing yourself as a freelance consultant instead.

On the other hand, "Because I'm broke and need a paycheck right now" is probably the most common answer, and those are exactly the people who get bit by this stigma. Because no company wants to permanently hire someone who is only applying out of temporary financial need.

I think that as a society we need to create the political and economic conditions necessary to make freelance consulting a more viable career path for skilled individuals. There are a lot of obstacles and frictions that could be reduced.

Re:No office, no boss, no boundaries – rise of the nomadic rich by tmflannery on Monday January 07, 2013 @02:00PM (#5022522)
I don't think employeers worry these people got fired. I think companies are concerned whether you're just a hired gun (not that there's anything wrong with that). But if I'm a young company and I want someone to come on board, I'm not making the decision lightly. I want a long-term partner. So yes, a lot of short term employment would be concerning.
Re:No office, no boss, no boundaries – rise of the nomadic rich by michaelochurch on Monday January 07, 2013 @02:16PM (#5022604)
At 6 months, literally "fired" is unlikely because most companies don't act fast enough. But the assumption people make based on a lot of short job tenures is that the person was unsuccessful at all of them. Most unsuccessful people don't stick around long enough to get fired, but that's irrelevant.

It's somewhat self-reinforcing, I'd imagine. Because of the stigma, people are less inclined to leave jobs, and therefore a higher percentage of departures are negative.

There's also a "can't win" dynamic from short job tenures. If you're obviously moving up, you're a mercenary. If you have a lot of lateral moves, you're unsuccessful.

Additionally, I think few people actually want to be job hoppers. I'd love to find a 10-year fit. On the other hand, it's uncommon that a I find an environment where I keep learning for long enough to justify more than a year or two.

Re:No office, no boss, no boundaries – rise of the nomadic rich by graeme on Monday January 07, 2013 @11:23AM (#5021707)
If it's something you want to do, my best recommendation is to save a large percentage of your income.

I started without a savings buffer, and have managed to do alright. But there were many moments where having spare cash could either have let me outsource certain work, or avoid having to do work to earn money in the short term.