I run into this "issue" every season with IT contractors. I remember when I worked on large scale Peoplesoft implementations. There would always be the one programming guru who knew that one finance/accounting/costing module like the back of one's own hand. They usually billed out at $300+ an hour, while the rest of us argued over who got the last of the free bagels.
Anyhow this is the approach to framing your switch in the most positive light. You are not embarking on a series of short term projects, you are electing to form your own consulting firm and become a true entrepreneur, embracing smart risk. So you incorporate as an LLC, S or C Corp (or the Indian equivalent).
Here is a hint as well, do not name it after yourself and keep it pithy with respect to a company name (ie. something like "FocusPoint Solutions", rather than "Shellarun Super Consulting Guy" So when you create your resume, you have one header for your own firm and as "Director" of the firm. You then list the series of representative engagements under this header on your resume. So instead of rolling off one project, looking for work and moving onto another client site, you are removing this zig-zag nature by framing it as the continual development of your own firm, through the addition of new clients and experiences. If you can bring on some analysts or other IT resources, so much the better.
In this way, you change the game and you become someone who dictates the path as an entrepreneur. Then it is logical and expected that as an IT consulting firm and Director that you would be on a bunch of projects.
I really hope this helps as it is extremely effective in how your candidacy will be viewed. PM me and I will offer you very direct guidance on how to frame your message.
I am an Indian IT professional with 4 yrs of work experience. I am planning to do my MBA in 2012.I am currently working in an Indian IT MNC as a senior developer and looking for a job change. I am offered being ITconsultant positions (for contract) in banks.Will my MBA prospects be affected if I take up contract positions instead of permanent jobs?
It would be great if you could guide me on this.
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