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From Developer to EntrepreneurJacob Wayne Smith
@j8ke
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My Story
4 years at
A Brave New
6 Years
working in a
startup
advertising
agency
6 years
working at a
medium
sized agency
Tools
Lawers
Your current
work
Starting cash
define(“FOO”, …)
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State register
Bank accounts
Billing rateYou
$bar = ...
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Company identity
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Simple Billing Rate
$15/hr per $1k of salary+ $8/hr for overhead
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Simple Billing Rate
160 hrs (40hr/wk)- 10 hrs (3 wk PTO)- 3 hrs (holidays)- 64 hrs (non billable)= 83 hrs/month
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Simple Billing Rate
Monthly Take Home× 1.30 (taxes)+ $300 (overhead)+ $350 (health care)÷ 83 (hours/month)
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Simple Billing Rate
$15/hr per $1k of salary+ $8/hr for overhead
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Tools
Lawers
Your current
work
Starting cash
define(“FOO”, …)
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State register
Bank accounts
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Save up: 6
months salary
Pick a
name/domain
Set up tools
What are you?
Calculate billing
rate
Read your
non-compete
A Timeline
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Lawyer up
Tell your
company
Register
Open accounts
Jacob Wayne Smith@j8ke
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