What Would You Do?

Status
Not open for further replies.
I started out doing IM and then I applied for a corporate job, I've been at the corporate job for a year and a half and it's nice having a second income. But it only leaves time for maintenance on my personal sites, so they aren't growing as fast as they would be if I wasn't working a corporate job.

For 150k I would definitely take it. Try it and if you don't like it then you've got IM to fall back on. One thing that's nice about corporate job is meeting new people and face-to-face contact, etc. For me it would be hard going back to full time IM as it means being stuck in the basement pretty much 24/7.
 


you seem to be in a perfect position to negotiate. tell them to keep the car, so long as you can telecommute. maybe agree to come in once a week or whatever you're comfortable with. no reason you can't do the job remotely. otherwise, walk away. you don't need them, so why agree to a less than ideal arrangement?
 
Do it. It's not a lifetime commitment is it? You can do your IM part-time to keep it ticking over then if the job doesn't work out you can just give notice. You will have lost nothing and gained some sort of experience at least, possibly a few more contacts, a fresh perspective and a new appreciation of the benefits of being self-employed. If you don't take it you will always be wondering.....
 
I really doubt a "senior level" position is going to allow for much of anything on the side. I agree with kdempsey. If you take the job, they're going to own your time. Don't think they won't make that perfectly clear.
 
I suggest you walk away from that job. $150K salary after taxes is much less than $100K self employed. If you haven't worked for somebody for a long time, you will hate it. I'm in a similar boat, I have 90K job offer on the table and would give it up in a heart beat if I could replace it with IM income.
 
I suggest you walk away from that job. $150K salary after taxes is much less than $100K self employed. If you haven't worked for somebody for a long time, you will hate it. I'm in a similar boat, I have 90K job offer on the table and would give it up in a heart beat if I could replace it with IM income.

No, in the US $150k would be a LOT more than $100k self employed. You're paying the extra "self-employment" tax that includes the employers share of your social security taxes (I believe it's 7.5%, my accountant will kill me tomorrow for not knowing) and that applies to your first $100k of income, so on top of normal taxes everyone pays, that's an extra $7,500 just for additional social security taxes.
 
Tough decision man good luck with it.
I think if you appreciate your situation the decision will be a lot easier. Most people bust their asses their whole lives hoping for a shot at any one of your life possibilities.
 
No, in the US $150k would be a LOT more than $100k self employed. You're paying the extra "self-employment" tax that includes the employers share of your social security taxes (I believe it's 7.5%, my accountant will kill me tomorrow for not knowing) and that applies to your first $100k of income, so on top of normal taxes everyone pays, that's an extra $7,500 just for additional social security taxes.


Obviously, no one has introduced you to the wonderful world of tax write-offs.
 
No, in the US $150k would be a LOT more than $100k self employed. You're paying the extra "self-employment" tax that includes the employers share of your social security taxes (I believe it's 7.5%, my accountant will kill me tomorrow for not knowing) and that applies to your first $100k of income, so on top of normal taxes everyone pays, that's an extra $7,500 just for additional social security taxes.


You need to fire your accountant pronto.

If you're not paying far less tax than than an employee, he's a total incompetent.
 
Hmmm... which planet are you from, again?

No, in the US $150k would be a LOT more than $100k self employed. You're paying the extra "self-employment" tax that includes the employers share of your social security taxes (I believe it's 7.5%, my accountant will kill me tomorrow for not knowing) and that applies to your first $100k of income, so on top of normal taxes everyone pays, that's an extra $7,500 just for additional social security taxes.
 
Status
Not open for further replies.