I'll get to that tomorrow.

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

And in other news, boy injured by household drill... Something about free health care.

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

I usually write good code, but this drives me to drink.....

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

I started out with a little gravy on the side and then shopped around for contracts until I found one that I liked. Leverage your recruiter network if you don't know anyone. I was upfront and honest that I was looking for something that would allow me to grow my business and those guys have been great. To be honest, this was my first interview I had when I started looking (why look a gift horse in the mouth). I started software consulting so the costs were minimal: MSDN license (google[^]) & a very nice piece of hardware. All in all, less than I pay for daycare a year. But, I did have to wait 2 months to get my first paycheck. Once I got that, I was in the green. No lifestyles of the rich or famous yet. Just keep swimming... Just keep swimming...

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

Basically, I talked with a recruiter who works for a company that only offers permanent placements. So, he's kinda frustrated that he has to pass up on the contract and contract-to-hire positions he learns about through his contacts. So, he needs a company to front that part of the business and we split the profits. I'l have some loose control over this, but he'll really be driving the business more so to speak. I've set up some processes and tools to use so that I can start maintaining a contact list, etc., but other than providing money and kicking some contacts his way, I'm pretty much leaving it up to him. I do plan to screen the candidates technically to protect the brand (as much as this can, anyhow). Eventually, I'd like to hire someone in house and perhaps have him head up this division, but that's getting way ahead of myself. This kind of makes me more like a financier, so I'm trying to determine the default rates for people who use contractors. Obviously, I'll learn more about the individual clients as I go along, but I'm trying to figure out if there's a 5% profit margin and the default rate is 7%, then over time, I'll lose 2% rather than make 5%. I'm trying to figure out where to draw the line for each credit rating on whether I accept the deal or head for the hills. Maybe I am looking at this wrong, but it seemed to make sense.

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

Thanks for the reply, Snowman. Any idea on what is an acceptable profit margin so that the long term I'd still make money. Obviously the more the better, but I'm trying to figure out what kind of deal I walk away from based on the credit rating. One of the markets that's good right now is web conferencing. I was lucky enough to be in it right now... It's been doing a lot more business now that the market is down and people aren't wanting to pay as much for travel.

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

Hello all, I've got a business question I wanted to ask. I wasn't sure if this is the place to ask, but the Business forum didn't help too much. I am thinking about getting into the business of being a bloodsucking parasite (no not a lawyer). Trying to figure out how to calculate the risk so I know what the bottom line is. Anyone know of a table of this sort only for staffing services? http://prosperlending.blogspot.com/2007/06/prosper-hands-on-education-on-risk.html[^] Of course any jokes and anecdotal responses are most welcome.

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site

modified on Tuesday, May 19, 2009 11:21 AM

What kind of software are you selling? Is it an add-on to an existing package like DNN?

Wes A picture is worth a thousand words but it takes 3,000 times the disk space. ~Author Unknown My Site