Adventures in Consulting - An Unexpected Risk?
(Part of the "Adventures in Consulting" series, please see previous posts for more info). So you think you want to be a freelancer...? Don't get me wrong -- there are some great advantages of being a self-employed consultant. I've been doing it for more than 15 years now, so I can assure you of that. However, besides the more obvious risks like not having an assured paycheck, having to pay your own health insurance, losing 15% to employee matching, etc., here's another risk you might not have thought about... What about if you want to eventually return to full-time work? You might end up with (as they said in the movie 'Office Space') a case of the "Muundays" Take a long and hard look at this issue before making the jump to freelancing. Once you make that jump, then a few years later go and talk to a company about returning to full time work, expect to answer multiple questions about why in the world you'd want to come back to the full-tim...