Hi HN,
Short intro, I've been working full-time at a big company for about three years now. Lately, I've been unhappy with the direction of my department and career and I felt this was a good time for me to explore new options.
I remember reading about a contract worker who only worked a few hours every month to pay the bare minimum of expenses in order to focus on his main project. The idea really appeals to me because I'd like to spend more time on personal projects.
Are there any consequences that should make me reconsider? Here are a few I can think of:
- Health insurance coverage
- Could be difficult to get a full-time job afterwards
- Not being able to save as much money
Thanks
One piece of the puzzle is that landing little contracts is not proportionally less work than landing bigger contracts, there's overhead and sales and signing and invoicing as fixed costs mostly unrelated to contract size.
My random advice from the internet is not to quit your job until you have a signed contract and the retainer check has cleared. People often consider using contractors for projects that are uncertain. They bid contractors against each other. Projects get delayed, canceled, and abandoned.
Good luck.