
Top Ten Consultants' DON'Ts
The Hardware Design & EDA Consultants' Top Ten DON'T commandments
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I am posting these upon the request of several budding consultants
who have asked me what they should do as consultants. Being a die-hard
cynic, I thought it's best to answer the question by negation.
DISCLAIMER:
These are my personal opinions. Do NOT use them in your career or trade
without a professional opinion from your CPA, lawyer or physician and,
may be, even a fellow engineer! Some of these may be injurious to your
health/happiness. Use at your own risk. Much of it is via first-hand
experience. And it's not meant to be funny!
If you have any suggestions to add to the list, please email them to:
The Top Ten DON'T commandments:
1. Don't neglect the non-technical aspects of consulting. Work with the
best CPA, the best legal advisor (not always your neighbor), the
best HR and finance people you have met in your career.
2. Don't compete with offshore contracting companies or temp agencies.
They are meant for folks who cannot find jobs themselves or are not
interested in long-term careers. Compete with the best: the Cooleys,
the Kumars, the Sutherlands, the Trivedis, the Zeladas, the Saunders'
(but not the Hemmadies).
3. Don't sign up with a broker if you are consulting long term. You may
go broke with them. At a minimum, you will carry the burden of a
30-150% markup, and several inane non-compete clauses which will
make it harder to stay independent longer term. Instead, work with the top
one or two tool vendors who provide the tools in your area of expertise.
Besides referrals, they may even provide you with free or discounted
trainings and technical support.
4. Don't become a broker or a head-hunter unless you want to switch
careers for good. You will lose credibility very fast as an engineer
or as a manager, which can be far more damaging to your career than
the 15-30% you will make as a broker. You are better off exchanging
contracts with your consulting peers when the sun shines more often
than you can make hay.
5. Don't advertize on the Internet. Market your services by providing
something useful to the community. Create the next ESNUG. Support
the IEEE standards committees or the ACM SIGs. Teach a course at a
local college. Sweat it out over a panel or a paper at a conference,
or on an article in Integrated System Design or an opinion in EE Times.
6. Don't be the low-price leader. Better be the high-quality trend-setter.
Simply to break even, a rule of thumb is: you should charge a mimimum of
pro-rated 2X of your estimated full-time salaried income (not including
the cash value of your benefits and options). In most cases, you get
only money, nothing else, not even an assurance of money in future. If you
get any other assurances, commitments or other intangibles, evaluate
accordingly. You are paid by the customer for your work and the perception
of your past work.
7. Don't work without a written contract. Read each word and phrase in your
contract. Get professional legal help if required. Negotiate a contract
you can live with the rest of your life, not just the rest of the duration
of your contract.
8. Don't compete with the in-house design or EDA engineers. They are not
competing with you. They are most likely your future references and/or
peers. Usually they know more than you do about the specific project
you are consulting on.
9. Don't under-estimate the need for marketing your services even as a solo
consultant. In the submicron era, interconnect delays and packaging
problems are among the biggest bottlenecks.
10. Don't consult if you think you will not find the next full-time job.
Getting a consulting assignment is usually more challenging than finding
a job. A short-term contract in such cases is usually a short-term
remedy.
Your friendly neighborhood Cool Guru,
Shankar Guru Hemmady
Acknowledgement: My sincere thanks to several top-notch consultants and
consulting companies without whose continued support I would never have
ventured into this hazardous profession:
* Yatin Trivedi and Larry Saunders of Seva Technologies, Inc.
* Kris Kumar of Cadworx, Inc.
* Krishna Uppuluri of Interweave, Inc.
* Sean Murphy of Leader-Murphy, Inc.
* John Cooley, the Synthetic goat-farmer and President of USE/DA, a
perpetual source of inspiration for those who like to live dangerously.
* My ex-colleagues at Cadence, Intel, Sunrise and Unisys.
* My customers all around the globe and the Internet.
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Shankar G. Hemmady Guru Technologies, Inc.
EDA & Design/Test Consultants Cupertino, CA 95014.
HDLs Test Timing Power Synthesis http://www.*-*-*.com/
Telephone: (408)366-1549 Facsimile: (408)749-8079
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