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| quote: | Originally posted by tw1tch
Doesn't work like that, it's not an open market and you need permission to get in from Sun. Only a select number of companies get contracts with Sun and you work through them. Not to mention, the insane amount of insurance required, that alone is $100K+/year. It's temporary, but no doubt still a much better position then working for the man IMO. |
What i'm saying is this: why not aim to BECOME one of those 'few select companies' that get contracts from Sun (and others too i'm sure). You know, that's probably how they all got started. McDonalds was started by a cook (whom Ray Kroc bought it from and made it into what it is today that is) and Microsoft was started by a programmer. You get the idea  And the fact that you have to spend $8,000/mo on insurance is great because your competitors have to pay it too, so you're not in any danger (of spending more than they are), but since your (and their) profit margin is a percentage, the higher your (and their) expenses, the more you're making. To illustrate this, say all your costs got slashed down to $20 per hour of training so you'd be charging $30 and making $10. Now imagine if they soared to $200 per hour. You'd now likely be charging $275 if not $300, but definitely not $210  That's why when a supplier of mine wants to raise prices, i'm all for it. I simply switch to a cheaper supplier for the time being, temporarily leaving my competitors in the dust. Sooner or later, the other supplier will realize this and raise their prices too, resulting in an industry-wide price hike (since there will no longer be a cheaper supplier) which once again works for me since the hike will be (material cost increase) x 3, 2 of those 3 being profit.
Last edited by d!abolic on May-26-2004 at 00:41
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