Monday, 21 February 2011

Making Money With Options

If Pettitte does decide to retire, it's been rumored that the Yankees might make an aggressive pursuit for Soriano to create a lock-down bullpen, one that the Yankees haven't had since the days of Rivera and John Wetteland in 1996.


If the Yankees were to get Soriano, they would have to surrender a first-round draft pick to the Rays, but the Yankees also can be compensated with a draft pick due to Javier Vazquez signing with the Marlins.


As of right now, the Yankees don't have an imminent heir to Rivera's closer job if he retires anytime soon, and they don't have a main setup man after Kerry Wood turned down more money to return to the Cubs this winter.


The Yankees could consider Joba Chamberlain and David Robertson for the setup role, but both have had their struggles in the past, so Soriano would be an instant upgrade to the bullpen and a much better option to follow in Rivera's footsteps.


The White Sox are said to be interested in Soriano after letting Bobby Jenks go, and the Angels have expressed interest after losing out on Adrian Beltre and Carl Crawford this winter as well. But the Angels also signed Scott Downs to a three-year deal, plus already have Fernando Rodney as their current closer.


Although Soriano is a solid closer and could easily get a closing job this winter, he has said he would be a setup man for only one team, meaning the Yankees.


Aiming for creative response, but I believe you can get this if you want it.



Actually, I think that you are in a really good position to go freelance/work independently, and you may get better deals starting out this way. It sounds like you have extensive experience, contacts in the field, etc.



So I would follow through with your goal (e.g. Get out of the city you are working in). Do as much as possible now, because projects can take between a few months to a year to start when you let pple know that you are available for this. Continue planning for contract with your company because it may still work out.



Here is what I would do (and actually did do):



1). Where are your colleagues who went to other companies? Send off an email/you are going contract/freelance/whatever. Do they know companies who could use your services



2) Go to linkedin. Update it with a title that makes it obvious you will take other projects (freelance/consultant/whatever they do in your industry). Fill in all the details on your cv, give descriptions of the project you have worked on (pple search me out on linkedin looking for experience in certain industrustries, assume it will work for you ,too). Do give a link to a webpage or something.



3) Decide on a rate. Figure out what you earn per hour right now and 2X to 3X it. You may want to put it on a webpage if you don’t want to bicker with pple, but that is up to you how you do it. Don’t want to travel or work in office? Charge a lot more to do those things.



4) Go find a list of other companies that do what you do. It may be the library, googling, linkedin…but I emailed many companies offering my services/only approached companies that did what I do/made it obvious in the title/and never contacted them again if there was no response. I got a lot of work this way, too.



You may be surprised re: current company. They will still need someone to do the work and may be desperate. If this happens, the reigns will go to your hands.



PS: If you do want a job, often times companies will respond and first ask will you work fulltime for us, and if not, then they will often times still do contract/freelance projects with you. So if that is what you want to do, you can get a job. In regards to linkedin, even if you state you are independent, recruiters/headhunters will come out of the woodwork -- so you once again have the option for a job if you want it.



You may not feel this way now, and YMMV, but I do think if you want to live where you want to live/etc, this will work better. You also may find that you get a wider variety of projects, etc.
posted by Wolfster at 9:48 AM on February 7 [1 favorite]

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