Ask HN: Is it realistic to earn £1000/$1600 per week?
I'm in the UK (not London) and I've found that the majority of prospective clients consider this too high. I've been mostly a lurker on HN for a few years now so it's entirely possible I'm being unrealistic and spent too much time reading about SV/US rates ($100/hr and so on).
Now I can do front end, HTML, CSS, JS, work with bootstrap or code from scratch, I can also do backend PHP and some JS there too. I've also got a couple of iOS/Android apps under my belt. I understand the front/back end crossover is sought after, but perhaps that's not really the case? Perhaps it's the mention of PHP?
To head off some possible responses: I am trying to expand my skillset as I do know a lot of people here frown upon PHP to put it mildly, for example trying to pick up on Python and Angular, but I can't spare too much time when the rent is 2 weeks late and Christmas is approaching fast - and I seriously doubt anyone would pay me to learn as I go!
So I am being unrealistic? Do I need to lower my expectations - and if so, how low would I go?
16 comments
[ 3.1 ms ] story [ 48.3 ms ] threadI work full time, but also spend ~12 hours a week on freelancing, and am making ~$2,000 every 2 weeks from this.
If I went full-time I could make more, I think, and so could you.
I focus almost exclusively on PHP, but also offer Vagrant/Puppet services that go well together with my PHP projects.
I'm doing a lot of work at the moment; overtime and freelancing. Juggling time is always hard.
I'd say rather than worrying about what technology you know, spend a bit of time focusing on the business side - how you find and attract clients, how you negotiate, what business areas you target etc. It is likely that the clients you are dealing with have unrealistic expectations of what engineering costs.
If you're a good PHP dev then don't talk that down—your client doesn't care what's cool at the moment. They're more interested in getting something that works and delivered on time.
If I wanted to be a freelancer that earned £1000 per week, I'd start by just telling people my day rate is £200 per day. Then use whatever personal connections, friends of friends, to find work and use that to build a early network of clients. The freelancers I've hired in the past are generally through personal recommendations so think about people who come into contact with your target market and approach them to see if they're willing to put a good word in for you.
If you're looking to be trained then you're likely to have more fun getting a permanent job where they're willing to invest money to train you.
Obviously, this is unlikely to happen over night so may not be the solution to your current problem.
Good luck.
A professional freelance developer with 20-30 clients should be billing $3000 to $5000 per week (US$150K - US$250K per year), and may even have a junior level developer working with/for them.
The key is time management. If 10 companies have you on contract staff @ $500/mo guarantee with an hourly of $125 (meaning you're guaranteeing them up to 4 hours/mo with the rest billable @ $150/hour), you're earning $5000/mo just being available, and you've only "guaranteed" 40 hours a month.
The client is paying for immediate response and your skill set.
However your best bet is to look here http://www.jobstats.co.uk/ and do some searches.
From a return on investment point of view you are probably better focusing on Java and .Net, however if you are creative then focus more on CSS jobs.
The most important thing is to stick with technologies that are popular and to ALWAYS be learning.
Good luck!
Also, while its hard to swallow long term esp. if you have a family, there is always the option of relocating for a couple of months.
I previously worked for the other Well Known Tech Company, and from what I can tell all these places, even if they're filled with Genius Programmers, use contract agencies to make marketing apps.
Also, is there a reason you don't move to London if your earning potential would increase there?
Btw, as an aside: PythonDeveloper if you see this, you're hellbanned.
I had dealt with a few recruiters for contract jobs before but they all seemed to offer "perfect" positions which then vanished to be replaced with less enticing ones. I had sort of assumed they were making stuff up to get me on a list, but it might be worth investigating again. This time I'll see what research I can do to make sure they are half decent recruiters!
Appreciate the comments and hopefully I can do something with this advice.
You are providing a service at a tick higher level than that, which they don't really need. I guess you see where I am going with this; you need to find clients that actually need your skills.