{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Ditching Hourly","title":"Barry van Someren - Good Business Advice From The IRS?","html":"","width":"100%","height":180,"duration":2078,"description":"Ex-java developer and CoffeeSprout founder Barry van Someren joined me on Ditching Hourly to talk about the surprising alignment between “Ditcherville ethos” and the government of the Netherlands.\nLINKS MENTIONED\nBarry’s website\nBarry’s LinkedIn\nCalifornia Law AB 5\nAI SUMMARY\nIn this episode of Ditching Hourly, Jonathan Stark speaks with Barry Van Someren about his transition from hourly work to value-based services, the implications of new tax laws in the Netherlands for independent contractors, and the importance of having multiple clients. They discuss how these changes affect client relationships and the necessity of shifting to results-based contracts. Barry shares insights on navigating the complexities of government regulations and the benefits of diversifying client portfolios to ensure business resilience.\nSOUND BITES\n“I wanted to transition into something that was more predictable.”\n“It’s just refreshing to see that kind of advice from the IRS.”\n“I kind of wanted to make myself less vulnerable to this law.”\n“The IRS and various countries are giving you that encouragement.”\n“If you stay at one place too long, you become stagnant.”\n“Hourly billing is bad.”\nTAKEAWAYS\nTransitioning from hourly work to value-based services can lead to more predictable income.\nNew tax laws classify independent contractors more strictly, impacting their work.\nIt’s essential to define clear results in contracts rather than relying on hourly billing.\nHaving multiple clients reduces vulnerability to market changes and legal issues.\nGovernment regulations can align with good business practices, encouraging consultants to diversify their client base.\nFreelancers should be aware of the risks associated with being classified as employees under new laws.\nBuilding a strong network is crucial for finding clients and maintaining a steady workflow.\nConsultants should focus on delivering results rather than just completing tasks.\nThe importance of compliance with tax laws cannot be...","thumbnail_url":"https://img.transistorcdn.com/NCUVrsmlcYseU9x7dN1dnT4q3rVJ5q27OIKrcXCPJrM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9lMjY2/ZjU5OTA5OWI3YzI2/MzdiODJlMmUwZWY1/NTJjZC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}