This has also become my strategy lately. I got fed up with price wars by tons of cheaper software dev shops. I am Indian and have run them myself, but I am an engineer first - the really curious kind. I can not do price war, I do not like writing casual code just for bucks. So I started keeping just good relations with anyone who is attracted to "low cost development shop". Eventually I started seeing myself helping multiple founders with "low cost teams". I think gradually they will start billing me to guide these low cost teams. (Although that might not be happen since I am also planning to go into the founder mode).