From Freelancer to Firm
From Freelancer to Firm
Out of context: Reply #23
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- scrap_paper0
The bottom line is always the issue. If you have the money to float you for a few months and you have a solid plan you can make things work.
I did some rough calculations for a 5 person firm for a year and the numbers really freaked me out. Once my breathing returned to normal and I talked to a couple of people that seem to know better I realized that to start up I don't need to have float for a whole year for five people. I only need to account for 1-2 salaries outside of my own for about 3-4 months and have the money to cover rent and comm bills.
Equipment can be leased. Space can be shared. Freelancers can be hired on a job to job basis. Seems like there are common sense ways to do this thing.
- so when we say "f you have the money to float you for a few months " are we talking 50K+********
- so when we say "f you have the money to float you for a few months " are we talking 50K+