Dale Davidson - Solo Subcontracting For The Federal Government
The author of “Going 1099: How To Become Solo Federal Sub-Contractor”, Dale Davidson, joined me on Ditching Hourly to discuss the journey of becoming a solo federal subcontractor.
DALE’S LINKS
- (00:00) - Introduction and Guest Welcome
- (00:59) - Dale Davidson's Background
- (01:31) - Navigating Hourly Billing in Government Contracts
- (02:21) - Transitioning to 1099 Subcontracting
- (04:43) - Importance of Security Clearance
- (06:33) - Client Relationships and Consulting
- (07:48) - Understanding Government Contracting
- (16:43) - Becoming a Prime Contractor
- (34:34) - Hiring Employees and Scaling Up
- (36:23) - Recruiting and Retaining Talent
- (37:06) - Scaling Up: Employees and Income
- (37:59) - The Soloist's Dilemma
- (39:35) - Challenges of Growing a Business
- (41:59) - The Admin Burden
- (48:44) - The Hourly Trap
- (50:21) - Government Contracting Insights
- (53:54) - Personal Stories and Advice
- (59:14) - Finding Your Niche and Passion
- (01:09:57) - Promoting the Book and Final Thoughts
DALE’S LINKS
AI SUMMARY
In this conversation, Jonathan Stark and Dale Davidson discuss the journey of becoming a solo federal subcontractor, focusing on the challenges and opportunities within government contracting. They explore the nuances of hourly billing, the importance of security clearance, and the significance of client relationships. Dale shares insights on transitioning from employee to 1099 contractor, the role of subcontracting, and the complexities of government contracts. The discussion also touches on the mental shift required when moving from a corporate environment to self-employment, the importance of setting boundaries, and the value of understanding market demand.
TAKEAWAYS
In this conversation, Jonathan Stark and Dale Davidson discuss the journey of becoming a solo federal subcontractor, focusing on the challenges and opportunities within government contracting. They explore the nuances of hourly billing, the importance of security clearance, and the significance of client relationships. Dale shares insights on transitioning from employee to 1099 contractor, the role of subcontracting, and the complexities of government contracts. The discussion also touches on the mental shift required when moving from a corporate environment to self-employment, the importance of setting boundaries, and the value of understanding market demand.
TAKEAWAYS
- Hourly billing is the norm in government subcontracting.
- Security clearance can significantly increase your value in government contracting.
- Building strong client relationships is crucial for success as a contractor.
- Transitioning from employee to 1099 contractor offers more freedom and control.
- Subcontracting is a common practice in government work and can provide opportunities.
- Understanding the different types of government contracts is essential for contractors.
- Fixed price contracts are rare but can be negotiated successfully.
- Finding opportunities in government contracts requires diligence and networking.
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Have you ever thought about starting a podcast but gave up because it seemed too hard?
I’ve got good news for you:
If you can run a Zoom call, you can host a podcast.
In my 5-Day Podcast Challenge, you will learn exactly what to do (and, more importantly, NOT do) to get your podcast off the ground in as little as five days.
Stop thinking and start doing. You could be inviting guests to your new show in less than two weeks.
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I hope to see (and hear) you there!
Creators and Guests
Host
Jonathan Stark
The Ditching Hourly Guy • For freelancers, consultants, and other experts who want to make more and work less w/o hiring
