One of the things I did manage to forsee is that working a solid 8 hour day is stupid. I’ve always thought the idea of working a set timeframe for some days and not others was stupid anyway. Work doesn’t always happen at 2:12 PM. I’ll work when work needs to be done for as long as I can do so in a healthy way. The result is that my clients get a better product and I get to live my life.
For anyone thinking about doing your own business, don’t assume you can work 8 billable hours a day. Instead, do this:
Figure out how much money you need to make in a given month to cover all the necessary bills. Then add 40% to cover the extra taxes. Lastly, figure out how many hours you need to bill for to make up that amount. For me at my rate, it comes out to 32 billable hours a month, or about an hour a day. Now you have a goal.
Good work, if you can get it.