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permie -> contractor -> business owner -> rich business owner -> tycoon
Opt out and retire anywhere along that line that suits you.
Of course for most 'contractors' it is more like:
permie -> contractor -> permie -> contractor (rinse and repeat)
On reflection, I think the reasoning behind IR35 was basically right. Most so called 'independant IT consultants' are no more of a businessman than the dopey, non-aspirational permie they have sat opposite for the last 10 years.
If you're 40+ and still contracting then you're a failure.
Bogey, apart from your miserable attempt of showing off, I do believe your reasoning has a severe fallacy. You are considering succeeding as a business man which for many people is not a target. Surely, if your purpose in life is to become a business man it would not even make sense to start as a permie but perhaps starting a business as second-hand books sale when you are a student. For many people succeeding means achieving their sense of realisation, which for a footballer might mean winning a world cup, for a doctor to become an international surgeon, for a technologist to become a world-class technical architect, for a manager to become a top director in a top 5. I was hoping a little more acumen from a person of your calibre, this speech might seem to come from people like Milan who just act like crazy bees so drugged by the smell of the flowers in a way that they don't even have the perception of where the flower stands.
Bogey, apart from your miserable attempt of showing off, I do believe your reasoning has a severe fallacy. You are considering succeeding as a business man which for many people is not a target. Surely, if your purpose in life is to become a business man it would not even make sense to start as a permie but perhaps starting a business as second-hand books sale when you are a student. For many people succeeding means achieving their sense of realisation, which for a footballer might mean winning a world cup, for a doctor to become an international surgeon, for a technologist to become a world-class technical architect, for a manager to become a top director in a top 5. I was hoping a little more acumen from a person of your calibre, this speech might seem to come from people like Milan who just act like crazy bees so drugged by the smell of the flowers in a way that they don't even have the perception of where the flower stands.
Franko, dear chap - do shut up
You've come right out the other side of the forest of irony and ended up in the desert of wrong.
In this industry being a permy holds far greater risks IMO i.e stuck in the same skill rut, less job security etc etc etc. Been contracting for 3 years, good rate and no breaks - If I can manage this till 40 great - 5 years to go.
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