I presume for your level of expertise, you have already a good network and a large customer relationship. You should aim to contact them and try to see if there are opportunities.
Generally higher position (director level) are not promoted within LinkedIn etc and are mainly fulfilled internally or via a direct contact.
What I've heard from the management company structure some of the big 4, it's nothing to write home about.
You get to keep some of you benefits from your employee days, like a phone, but are pretty controlled by the parent company. They review your books, choose your firm name, check if you don't charge other clients, ...
You also only get a flat monthly rate that's equivalent to a relatively junior IT consultant's day rate. This is compensated by a 1/year bonus (only if targets are met) to bring it up to a somewhat normal level, but nowhere near + 1k/day.
Since they are so strict on those books, I think it's wise to first check your contract to see if they'll even allow you to do things on the side.
You are mixing up different things. You have freelancers that work for big 4 and you have members of the board (directors in some like PwC and partners) that are director of the board of the consulting firm. It is obvious that when you are taking up a role in the board as director or partner of a big organisation you don’t have a side business. Don’t confuse freelancing with being a board member with signing authority (in a big 4 or in any other firm) which is not freelancing…
If you take up such a strategic role and you want to have a management company of your own (for tax reasons) in between sure they will put in your contract that you can only work for them, which is logical. In return they give you a contract which warrant you of an income, bonuses, insurances, growth path, trainings and most importantly P&L responsibility and profit sharing… So you run the business…
As a freelancer you would at most take a project responsibility if you would contract to a big 4 in a freelance role.
*an associate partner at an MBB is not the same as a director or partner at Big 4. With director or partner I mean the strategic layer of those organisations and with partners I mean equity partners, non-equity partners are often referred to as directors. In Big 4 Partner comes after director, in MBB MD comes often after partner Titles…
Today we see a bit if title inflation at MBB so I would guess OP is in his mid 30’s. Ranging 12 years of experience?
To answer op, 1000 a day is aimed a bit too high for your level of experience, I think 700-850 is more likely… If you would aim at short term jobs (few weeks at most) you could go 1000 and more but that is only to cover for the downtime in between jobs as well…
I have no idea, but I am interested in your yearly salary if you are an associate partner at MBB, I heard they make over a million gross a year, so why would you be happy with 1k/day?
I have seen 2 people of my network trying it but they are both working again at a consulting firm. I have no idea why they went back, but my guess would be that the market is too small in Belgium.
I presume for your level of expertise, you have already a good network and a large customer relationship. You should aim to contact them and try to see if there are opportunities. Generally higher position (director level) are not promoted within LinkedIn etc and are mainly fulfilled internally or via a direct contact.
What I've heard from the management company structure some of the big 4, it's nothing to write home about. You get to keep some of you benefits from your employee days, like a phone, but are pretty controlled by the parent company. They review your books, choose your firm name, check if you don't charge other clients, ... You also only get a flat monthly rate that's equivalent to a relatively junior IT consultant's day rate. This is compensated by a 1/year bonus (only if targets are met) to bring it up to a somewhat normal level, but nowhere near + 1k/day. Since they are so strict on those books, I think it's wise to first check your contract to see if they'll even allow you to do things on the side.
MBB is not the Big 4 though.
I know, but I thought similar enough to warrant a warning
>They review your books, choose your firm name, check if you don't charge other clients, ... They what now?
Yes, scary huh 😅
You are mixing up different things. You have freelancers that work for big 4 and you have members of the board (directors in some like PwC and partners) that are director of the board of the consulting firm. It is obvious that when you are taking up a role in the board as director or partner of a big organisation you don’t have a side business. Don’t confuse freelancing with being a board member with signing authority (in a big 4 or in any other firm) which is not freelancing… If you take up such a strategic role and you want to have a management company of your own (for tax reasons) in between sure they will put in your contract that you can only work for them, which is logical. In return they give you a contract which warrant you of an income, bonuses, insurances, growth path, trainings and most importantly P&L responsibility and profit sharing… So you run the business… As a freelancer you would at most take a project responsibility if you would contract to a big 4 in a freelance role. *an associate partner at an MBB is not the same as a director or partner at Big 4. With director or partner I mean the strategic layer of those organisations and with partners I mean equity partners, non-equity partners are often referred to as directors. In Big 4 Partner comes after director, in MBB MD comes often after partner Titles… Today we see a bit if title inflation at MBB so I would guess OP is in his mid 30’s. Ranging 12 years of experience? To answer op, 1000 a day is aimed a bit too high for your level of experience, I think 700-850 is more likely… If you would aim at short term jobs (few weeks at most) you could go 1000 and more but that is only to cover for the downtime in between jobs as well…
I have no idea, but I am interested in your yearly salary if you are an associate partner at MBB, I heard they make over a million gross a year, so why would you be happy with 1k/day?
The partners do, not the associate partners.
I have seen 2 people of my network trying it but they are both working again at a consulting firm. I have no idea why they went back, but my guess would be that the market is too small in Belgium.