Hey Fishbowl, happy new year!

Im thinking of transitioning into subcontracting and just curious about the next 3 years, has anyone done this long enough to give me some insights on the ups and downs of the setup

Im also curious about what comes after, do people start their own consultancies or just transition to other jobs

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If you have a good relationship with a current client or your previous consultancy to the point of being recruited regardless of the bad market, than good. Otherwise, stay where you are

F

Im doing it for almost over 4 years, mainly in the region. Well when I was starting market was booming and rates where golden, now it’s much tougher although still lucrative if you negotiate a good deal. Through agencies is now hard - big competition (many fired people started contracting as well), if you have your own network and manage to get yourself steady stream of projects directly, then it probably works (it does for me at least), but otherwise tough. And ups and downs quite straightforward, more flexibility but less predictability and a lot of uncertainty and a bit of a glass dealing at EM lvl. From what is see later people either go to the client full time, set up a boutique or back to consultancy/ industry

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