from developer to entrepreneur · 2020-06-23 · 8 simple billing rate 160 hrs (40hr/wk) - 10 hrs...
TRANSCRIPT
![Page 1: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/1.jpg)
From Developer to EntrepreneurJacob Wayne Smith
@j8ke
![Page 2: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/2.jpg)
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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
![Page 3: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/3.jpg)
Tools
Lawers
Your current
work
Starting cash
define(“FOO”, …)
3
State register
Bank accounts
![Page 4: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/4.jpg)
Billing rateYou
$bar = ...
4
Company identity
![Page 5: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/5.jpg)
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![Page 6: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/6.jpg)
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![Page 7: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/7.jpg)
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Simple Billing Rate
$15/hr per $1k of salary+ $8/hr for overhead
![Page 8: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/8.jpg)
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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
![Page 9: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/9.jpg)
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Simple Billing Rate
Monthly Take Home× 1.30 (taxes)+ $300 (overhead)+ $350 (health care)÷ 83 (hours/month)
![Page 10: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/10.jpg)
10
Simple Billing Rate
$15/hr per $1k of salary+ $8/hr for overhead
![Page 11: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/11.jpg)
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![Page 12: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/12.jpg)
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![Page 13: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/13.jpg)
Tools
Lawers
Your current
work
Starting cash
define(“FOO”, …)
13
State register
Bank accounts
![Page 14: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/14.jpg)
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![Page 15: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/15.jpg)
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![Page 21: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/21.jpg)
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![Page 22: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/22.jpg)
Save up: 6
months salary
Pick a
name/domain
Set up tools
What are you?
Calculate billing
rate
Read your
non-compete
A Timeline
22
Lawyer up
Tell your
company
Register
Open accounts
![Page 23: From Developer to Entrepreneur · 2020-06-23 · 8 Simple Billing Rate 160 hrs (40hr/wk) - 10 hrs (3 wk PTO) - 3 hrs (holidays) - 64 hrs (non billable) = 83 hrs/month](https://reader036.vdocuments.us/reader036/viewer/2022070910/5fa18b2c48327606a755107f/html5/thumbnails/23.jpg)
Jacob Wayne Smith@j8ke