Contracting - go for higher rate or repeated business?

[WTFH]

I don't care what are you dreaming about. You didn't say how you want to achieve them so I can bash your arguments . You will fail, and once you are on the rock bottom - I have a cuckoo land job for you

I tried to help you, you refused.
I tried to guide you, you refused.
I tried to empathise with you, you mocked me.


My dreams are currently dreams because I have not started to work out how to achieve them. You say you have dreams, but you're telling us about what you are currently doing to achieve them. That means they are goals. And if you've got goals, then you need to have thought them through.


My dream about a vineyard? Well, I am looking out for appropriate plots of land, sometimes I say to my wife "that would make a good vineyard" - even if it is on public land, I just spot the land that looks good. I don't have the time right now to do it, or turn it into a goal, but I can dream about it without doing anything that ties up money or time or makes any commitment from me.


My dream about the sports car? I could buy one but I have nowhere to keep it. It's a dream for the future when we move to our next house (probably 20+ years away). No point in making it a goal as it is impractical right now.


My dream about doing the grand tour? It would require both of us being retired so we can take 3+ months off. It would also tie in nicely with having an open top vintage sports car. No point in making it a goal as it is impractical right now.


My dream about making my own gin? I've hinted to my wife that I want a still for Christmas. To do it properly I need to replace one of our sheds so I have room to set up the still in it, rather than in the house. In preparation for that, I moved a few plants in the garden this summer and put in a new path. The pre-requisites are being put into place. Even if I don't make my own gin, having a new shed is something I want - a goal in the next year. Even if I don't make my own gin, having a still is something I want - if Santa doesn't get me one, I'll buy one myself in the next year.


That's the status of my dreams. None of them rely on tax rates, setting up multiple companies, dividends, yields or anything like that. If the stock market crashes, my dreams won't disappear. If rules change and I have to pay backdated taxes, my dreams are still there. If I choose to get a new car, or not, it doesn't affect my dreams, because they are dreams. Once I turn them into goals and start working towards seriously achieving them, then external influences come into play, and that's when planning and risk management comes into it.


It's a shame you don't want to accept free advice given from others based on their knowledge, their experience, their goals and their dreams.

[MrMarkyMark]

that's when planning and risk management comes into it.

You would think that working in IT he would understand all this.

[diseasex]

I tried to help you, you thanked.
I tried to guide you, you have your own brain.
I tried to mock you, you mocked me back.

Do you do much development in Cloud based computing? I've an idea which will make me rich beyond imagination. I just need someone who can develop Cuckoo Land for me. Are you up to it?

FTFY

[CalamityJane]

I tried to help you, you refused.
I tried to guide you, you refused.
I tried to empathise with you, you mocked me.


My dreams are currently dreams because I have not started to work out how to achieve them. You say you have dreams, but you're telling us about what you are currently doing to achieve them. That means they are goals. And if you've got goals, then you need to have thought them through.


My dream about a vineyard? Well, I am looking out for appropriate plots of land, sometimes I say to my wife "that would make a good vineyard" - even if it is on public land, I just spot the land that looks good. I don't have the time right now to do it, or turn it into a goal, but I can dream about it without doing anything that ties up money or time or makes any commitment from me.


My dream about the sports car? I could buy one but I have nowhere to keep it. It's a dream for the future when we move to our next house (probably 20+ years away). No point in making it a goal as it is impractical right now.


My dream about doing the grand tour? It would require both of us being retired so we can take 3+ months off. It would also tie in nicely with having an open top vintage sports car. No point in making it a goal as it is impractical right now.


My dream about making my own gin? I've hinted to my wife that I want a still for Christmas. To do it properly I need to replace one of our sheds so I have room to set up the still in it, rather than in the house. In preparation for that, I moved a few plants in the garden this summer and put in a new path. The pre-requisites are being put into place. Even if I don't make my own gin, having a new shed is something I want - a goal in the next year. Even if I don't make my own gin, having a still is something I want - if Santa doesn't get me one, I'll buy one myself in the next year.


That's the status of my dreams. None of them rely on tax rates, setting up multiple companies, dividends, yields or anything like that. If the stock market crashes, my dreams won't disappear. If rules change and I have to pay backdated taxes, my dreams are still there. If I choose to get a new car, or not, it doesn't affect my dreams, because they are dreams. Once I turn them into goals and start working towards seriously achieving them, then external influences come into play, and that's when planning and risk management comes into it.


It's a shame you don't want to accept free advice given from others based on their knowledge, their experience, their goals and their dreams.

See, I look at what you've said, and I look at what the OP was saying, and I feel like you are opposite sides of the same coin.

Sorry, that's a bit closer than you two probably want to be.

You both have dreams. The OP has turned his into goals - actionable steps - which is admirable.

Hopefully, listening to the advice on this forum will make him correct his course, ASAP, so that HMRC don't start becoming very interested - but there is no doubt that he is going somewhere with his dreams.

He's making them a reality.

Maybe he's not doing it in the perfect way, but someone who spends 10 minutes a day on a goal, even if imperfectly, gets a lot closer to it than if you have the vague notion that one day, in 20 years time, you plan to turn your dreams into a goal.

You have....loads of dreams....all of which, except (possibly!) making your own gin are in the "someday I'll" category.

I bet lots of people on this forum have similar dreams that, one day, at the optimum time, they plan on turning into goals.

Your biggest risk? It won't happen at all.

Things change. Life gets in the way. Time passes. Put it this way - I've never even met someone who had a faraway dream that ever made it into a reality.

People who had goals that they actioned each day? Those slowly, imperfectly - and often to the amusement of those sitting on their own dreams - do become mistakes, corrected mistakes, and then a success story.

I completely appreciate what you're saying: you want to save the OP from making huge mistakes along the way.

The OP would be wise to take heed. But I also suspect that you're a perfectionist that stands in your own way - waiting for the perfect time.

There is no perfect time.

The only thing that's perfectly clear, is that we have a limited amount of time on earth. The time for turning dreams into goals is always now.

Always.

Even if you just take tiny, tiny steps. (Looking at random plots that aren't available for use, is not an example of that - as you say, that is just dreaming.)

Inaction is the net result of rational sounding excuses for the fear of making mistakes - you can always manage your risk, after all.

I would say that you, or anyone else, who finds the breezy, cocky, enthusiasm of the OP irritating, probably has a few dreams of their own that need turning into goals.

Probably the OP doesn't worry enough. But most of you worry too much.

I'd say the biggest risk is doing nothing at all. Your dreams aren't "still there" - they are, literally - nowhere.

You've got a lot less time on earth than you've got money.

Don't waste time in order to save money.

[WTFH]

That's a very good defence. Have you shared this before?

Because generally, people are shot down for talking about their dreams.

No, I haven't shared it on here before.

All I'd question is why we need to mock / scorn him, doubt his abilities as a contractor, just because he has big goals.

And that question isn't specific to you, WTFH, if only because I envy your username.

It's a general query around the cynicism on this forum.

The thing you see as mocking/scorning and doubting comes from his posts and his replies. If someone asks for help (or is putting up questions as a way of boasting), but then either fails to answer simple questions, or argues with anyone who dares to suggest something that challenges their viewpoint, then it's very hard to be anything other than cynical, either that or you end up with a big "Ignore" list, and threads don't make much sense if there are big holes in them.

[MrMarkyMark]

See, I look at what you've said, and I look at what the OP was saying, and I feel like you are opposite sides of the same coin.

Sorry, that's a bit closer than you two probably want to be.

You both have dreams. The OP has turned his into goals - actionable steps - which is admirable.

Hopefully, listening to the advice on this forum will make him correct his course, ASAP, so that HMRC don't start becoming very interested - but there is no doubt that he is going somewhere with his dreams.

He's making them a reality.

Maybe he's not doing it in the perfect way, but someone who spends 10 minutes a day on a goal, even if imperfectly, gets a lot closer to it than if you have the vague notion that one day, in 20 years time, you plan to turn your dreams into a goal.

You have....loads of dreams....all of which, except (possibly!) making your own gin are in the "someday I'll" category.

I bet lots of people on this forum have similar dreams that, one day, at the optimum time, they plan on turning into goals.

Your biggest risk? It won't happen at all.

Things change. Life gets in the way. Time passes. Put it this way - I've never even met someone who had a faraway dream that ever made it into a reality.

People who had goals that they actioned each day? Those slowly, imperfectly - and often to the amusement of those sitting on their own dreams - do become mistakes, corrected mistakes, and then a success story.

I completely appreciate what you're saying: you want to save the OP from making huge mistakes along the way.

The OP would be wise to take heed. But I also suspect that you're a perfectionist that stands in your own way - waiting for the perfect time.

There is no perfect time.

The only thing that's perfectly clear, is that we have a limited amount of time on earth. The time for turning dreams into goals is always now.

Always.

Even if you just take tiny, tiny steps. (Looking a random plots that aren't available for use, is not an example of that - as you say, that is just dreaming.)

Inaction is just a rational sounding excuse for the fear of making mistakes - you can always manage your risk, after all.

I would say that you, or anyone else, who finds the breezy, cocky, enthusiasm of the OP irritating, probably has a few dreams of their own that need turning into goals.

Probably the OP doesn't worry enough. But most of you worry too much.

I'd say the biggest risk is doing nothing at all. Your dreams aren't "still there" - they are, literally - nowhere.

You've got a lot less time on earth than you've got money.

Don't waste time in order to save money.

All good and well, but said by someone who confessed they, regularly, work late nights and have no holidays.
Maybe, you should take some of your own medicine

You mention goals, when I have set myself one, I research prior to putting a plan into action.
Simple really, you then are more likely to succeed, rather than fail.

[WTFH]

You've got a lot less time on earth than you've got money.

Don't waste time in order to save money.

Funnily enough, when I asked if his goal was just money he didn't reply.

[diseasex]

Funnily enough, when I asked if his goal was just money he didn't reply.

I didn't reply because it was a bait to bash my arguments even further. I'm tired of them . Either post something useful or don't post at all . Because writing crap like "no, that will not work", but failing to explain why, IS USELESS to me and to other readers and will just fuel your irritation that I don't take your word for it. And don't show lack of respect to my intelligence on every corner because I might go about problems differently to you. And if i find an obstacle I overcome it , as opposed to giving up like you

[MrMarkyMark]

I didn't reply because it was a bait to bash my arguments even further. I'm tired of them . Either post something useful or don't post at all . Because writing crap like "no, that will not work", but failing to explain why, IS USELESS to me and to other readers and will just fuel your irritation that I don't take your word for it.

OK, well do you at least understand now, why you may have been a bit of a silly boy?
Or are you happy continuing as you are?

As I demonstrated, plenty of info on Investment Companies, here, should you have cared to search.

And don't show lack of respect to my intelligence on every corner.

"Respect" is earned, my friend, seems that you have quite a lot of work to do, in that area, also.

HTH.

[diseasex]

As I demonstrated, plenty of info on Investment Companies, here, should you have cared to search.
HTH.

What makes you think that I didn't?!
For months/ years i'm doing nothing but researching, finding ways. I've come up with a plan and now just looking to get there sooner rather than later. Go on your holidays if you want, I have different plans. Stay naysayer and once contracting ends you will be deep in tulip

So YOU can learn from me and help me overcome problems that arise or stay quiet
HTH