You can't just sit down and start coding for your $150 or even $70/hr though. Here are some factors I can think of that change the calculation substantially:
- You have to take time and put in effort to find good contracts. Not all work is billable.
- You will probably want to be able to show clients an app you've already created. If you can make that app a $40k earner then you are in great shape.
- You will most likely have to be willing to put up with less fun and less flexible work for clients.
I think the $40k from 3.5 months of work is amazing and would be a no-brainer for a huge number of people. The big downside is the level of risk involved and the difficulty in duplicating that level of success.
Comments
You can't just sit down and start coding for your $150 or even $70/hr though. Here are some factors I can think of that change the calculation substantially:
- You have to take time and put in effort to find good contracts. Not all work is billable.
- You will probably want to be able to show clients an app you've already created. If you can make that app a $40k earner then you are in great shape.
- You will most likely have to be willing to put up with less fun and less flexible work for clients.
I think the $40k from 3.5 months of work is amazing and would be a no-brainer for a huge number of people. The big downside is the level of risk involved and the difficulty in duplicating that level of success.