The conversation

Business & incomeExperience excerpt · English

And, a fun technicality - I truly self-employed in the sense that I have a salary and a payroll …

… And, a fun technicality - I truly self-employed in the sense that I have a salary and a payroll system. This is because my company is registered as an S-Corp in the USA, which requires the owner to be on a salary. [1] https://www.contraption.co/essays/digital-product-studios/

Original discussionAsk HN: How many of you are self employed?438 source comments · at import
8

What was this responding to?

Parent context · original excerpt

AS

How many of you are self employed? What do you do? I won't count startups that are funded, but more the individual who started something for themselves. Curious to know what sustains people.

Full original

Community replies 0

No community replies yet. Add your perspective.

Replies from the source 8

Direct replies available in this import. Original-language excerpts.

AS

This is super cool! I was/am a startup founder too, bootstrapped an open source project, raised VC money, but ultimately it didn't work out. Now thinking about a solo business again and the studio model was exactly what I was looking at. How did you decide what to build?

Full original
KG

Wow! I’m working on the same thing at https://stackstudio.dev right now. Your blog post was really eloquent, it’s always inspiring when someone else shares your idea. Best of luck.

Full original
BI

I have a similar story. I’ve been self-employed for the last 6 months after 14 years of startups. Started out as an engineer in TN, and moved to SF a couple years ago where I got into management just in time to help with rounds of layoffs. Got some severe burnout, quit, and now I’m working on my own products while doing consulting/contracting on the side through my agency. I live fulltime in an RV traveling the country and working remotely. At the moment, I never want to work for someone else again.

Full original
_T

Really cool - I’m in a similar boat, having created startups and also was a PM in senior roles at a few great companies. I’ve been consulting, which is fine, but wanted something with a little more connection to the project so I just set up https://metaluna.io and am aiming for something on the agency route. That said, I really like the way you’re thinking of a “digital project studio”. Is there a community of people doing this somewhere?

Full original
MA

> And, a fun technicality - I truly self-employed in the sense that I have a salary and a payroll system. That's how most devs here in Norway would do it. Make a "proper" company, where you own 100 % of the shares. Then hire yourself, and pay yourself salary, withhold taxes, pay into a pension program etc. Mainly because if you make good money, it's better to leave some of it in the company (and for instance re-invest it into some index funds or something), instead of taking it out immediately as salary and getting it taxed before re-investing. But then still take enough salary to cover your expenses, get social security benefits etc.

Full original
HE

Love the comparison against Grand Seiko. I'm a self-proclaimed watch nerd and owner of a Shunbun. Grand Seiko makes beautiful watches!

Full original
NL

This is awesome! Nice work. This model was a dream of mine for a while -- I generally love being solo but even a small group of 3-6 people working on a revenue-generating digital product studio has so much potential to be super super fun. Good luck with it and keep us posted!

Full original
PA

Same here! I've been running my own digital products ( https://flat.social and some smaller ones) and bridging the gap with consulting. For me, the flexibility lead to a fully location-independent lifestyle which allowed me to work from places where I feel at my best. Currently writing this from a tropical patio in Brazil :)

Full original
Continue on Hacker News

Respect different perspectives. Share concrete experiences.

Sign in to post, reply, repost, and quote.