Episode #34 Becoming An Independent Contractor with Aaron Loes

00:00 Introduction and Aaron's Journey into Tech 03:41 Making the Transition: From Full-Time Employee to Independent Contractor 04:45 How to Set Up Your Own Business 06:03 The Importance of Seeking Expert Advice 08:12 Overcoming Concerns About Independent Contracting 13:00 Financial Aspects of Independent Contracting: Earning Potential and Costs 14:47 Simplifying Payroll: Using Services for Contractors 15:45 The Financial Aspects of Contracting 19:58 Maintaining Control of Your Schedule 22:28 Contracting as an Alternative to Management 25:45 Building a Network in the Contracting Community 27:20 The Importance of Research and Preparation 29:06 Factors for Returning to FTE/Salaried Positions In this episode of Cupalo Conversations, host Lauren Hannon sits down with Aaron Loes, a seasoned full-stack software engineer, to delve into the world of independent contracting. Aaron shares his journey into technology and offers a comprehensive guide to setting up a contracting business, covering everything from registering your business to navigating tax obligations. The discussion highlights the unique benefits and challenges of contracting, including the satisfaction of earning money through your own efforts, managing finances like invoicing and payroll, and exploring flexible retirement options. Aaron emphasizes how contracting allows engineers to continue doing what they love without being pushed into management roles, offering more control and flexibility in their careers. Aaron also underscores the importance of building a strong network and seeking advice from others in the contracting community. He encourages those considering the leap into contracting to do their research, prepare thoroughly, and take advantage of the potential for higher earning and personal satisfaction that contracting offers. If interested in taking the leap, tune in here to learn how and to maybe get that little extra encouragement needed to do so. Connect with Lauren Hannon Sign up for "Cupalo Newsletter" (Lauren's email newsletter): https://cupalo.substack.com/ Follow Lauren on LinkedIn: / hannonlauren Check out Cupalo's website: https://cupalo.io/