Consulting on the Side to Fulltime: A Case Study
Kenneth G Hartman began his career as an electrical engineer working for food manufacturers like Kraft. After about a decade, shortly after 9/11, he joined his brother in a small #startup in the health care space, where he got interested in transitioning into security. We met shortly afterwards in Madison, Wisconsin and we hit it off.Ken has since gone on to work in infosec for internet giants in Silicon Valley, started consulting on the side, and eventually has become a full time consultant.
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Are Entrepreneurs Risk Takers?
Are Entrepreneurs risk takers? The answer may surprise you!The answer, no surprise, is “It Depends.”
A great many entrepreneurs are rick adverse, and know exactly how much risk their ventures entail – and everything has risk, including having corporate job and going to the supermarket.
Some entrepreneurs are willing to accept a large amount of risk, and although there are exceptions, generally know that they are.
Is Consulting More Risky than having a “Job” ?
Is consulting risky – specifically is it more risky than having a full time job?
The conventional wisdom says “yes” – and is absolutely wrong! Maybe it was “once upon a time but it isn’t now.”
If you have a job and lose it, you are unemployed – it’s binary: “job” or “no job.” And unfortunately people lose their jobs, especially during difficult times.
Consultants typically have multiple clients. If you lose a client, you still have others. Typical consultants have 3-6 clients per year. If one client doesn’t have any work for you, perhaps they “fire” you, go out of business, or are having a difficult time, you still have work from other clients.