Graduating - Outsourcing - Goals
Instead of finding a good job, I'm taking a road I find more interesting and exciting: making my own way.
Of course a lot of people would like to do this, but many cannot. I feel I've worked enough towards this goal to allow me to do this successfully:
- Supposing EVERYTHING goes wrong, I've built up a modest amount of money to live on.
- I've expanded my network of people to a very healthy level which means more opportunity, and if I DO need a fixed income job, I could get one.
- I'm young, unattached and able to rough out tough times if needed.
- I've built up my arsenal of experience to make small amounts of money here and there in case everything goes completely wrong.
- My income currently exceeds my expenses + monthly savings + then some.
- I've already split up my accounts to help see exactly how much money is allocated to each type of expense.
Not only have I setup the foundation for being a full time entrepreneur, but it also suits my personality: I love uncertainty, I get bored very quickly and I like dabbling in many things at once.
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Lately I've been exposed to a lot of oversees computer work. These are basically freelance computer programmers and web designers who work from India, Russia or other countries. I must say I've been very impressed with the quality and speed of their work.
People complain about outsourcing, but I've found it very difficult to find skilled people in the United States with the same amount of computer knowledge and quick service.
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I've missed a few goal deadlines including a new business I am pretty excited about. I've been redesigning a whole new backend and ordering system for it. There are some unique features I need, so custom programming must be done.
I've also missed my $7,500 p/month by 11-17-2005 goal, however I am not too far off. On this site, I only list personal income sources. If I make money from someone else or with someone else, I do not document it on this website. I have a strong feeling that 2006 will be a great year for me!
-Nev



15 Comments:
When i left to start my own business, I was poor as dirt for a few months... then everything played out as expected and i couldn't be any happier -- well, except that I'm still in school. :(
Bleh... I love school but I hate the measurement of grades, test, etc... 4.0ers make great yes-people.
You have an awesome blog here. I actually started a blog tha I planned to be just like yours, but that was before I found yours. We think alike as far as financial life and business. You're right about outsourcing. It seems like you can get better quality work there and it's cheaper. Keep posting. Your blog is inspiring.
At least you have a clear head about getting out of college without a solid plan.
Many people I know tell themselves, "I don't like being bossed around and I am not cut out for a 9 to 5 job."
OBVIOUSLY no one enjoys being bossed around or working a dead end job. You however seem to take this very seriously. I am extremely impressed by the meticulous planning you've taken in order to live the life you want.
I don't know anyone graduating from college with their finances in such a healthy and structured shape as yours.
It seems you have "worked very hard in order to work very little" and I hope it turns out extremely well for you! I know it will!
I know outsourcing works for big companies, but I still haven't seen how well it works for smaller tasks.
Kevin
You can easily use Guru.com or elance.com for some really great off-shore pros. No doubt, that is what Neville is doing.
B.
http://www.itoslemma.com
When outsourcing your programming needs, where is a good place to start? Anything to look out for?
Looking forward to your response,
Russell
anyway, nice blog you've got here.
Love your blog and congrats on graduation. As an entrepeneur with a very unique take on life you need a business / networking card that captures who you are.
Drop me a line, and let's work a deal.
Scott,
Chief Show Officer
www.ShowOffCards.com
Yes, they can program complex systems in far less time than most "local" programming companies.
However, the big 'catch' is that programmers in other countries "THINK" differently.
This is only detremental when suppor t and 'requirements' gathering are involved.
Sometimes you can give business rules don't get 'translated' the same way so the program doesn't quite work the way you tried to convey it.
Just my 2 cents
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