Ask HN: Is it possible to make FAANG salaries without working there?

Post by AnarchismIsCool » Tue, Jul 23, 2024, 4:16 PM UTC

epicureanideal wrote: post #240

keiferski wrote: post #221

It's interesting how so many people have an aversion to being a business owner / entrepreneur, and will instead put in so much effort to optimize being a well-paid employee, instead of learning how to start and run a business. These salaries listed are great salaries, no doubt, but they are not dramatically more than say, a guy running a successful local plumbing business. And the ceiling is limited as an employee, w…

> I mean a SAAS that solves a boring problem for other businesses with money to spend. Profitable software-based ideas are increasingly difficult to find. Thousands of people are exploring every niche and trying to start startups in them, which is great, but competition is fierce and unexplored niches are shrinking. And of course, it's still not straightforward even if you find a relatively unexplored niche. Most peo…

Post by [deleted] » Tue, Jul 23, 2024, 4:17 PM UTC

some_random wrote: post #180

javier123454321 wrote: post #130

Earlier quoted context omitted.

I also came from a place with unlimited and I loved it. Makes me wonder if the people that regurgitate the notion that it's a trap actually have worked in places with unlimited.

There are three situations from what I've seen, one is toxic workplaces where PTO is closely tracked and people who use it are punished (socially or otherwise). That happens more often in unlimited PTO places, but absolutely happens in places with traditional PTO plans too. Second you have the more common situation where without a use-it-or-lose-it resource people end up taking less PTO than they would normally, this…

Post by QuercusMax » Tue, Jul 23, 2024, 4:18 PM UTC

brodouevencode wrote: post #246

reaperman wrote: post #233

Earlier quoted context omitted.

Apparently this belief is far more common than I thought. I expected it to be closer to the percentage of Americans who think the Earth is flat (10%)[0]. Evidently 50% of Americans[1] believe you pay your highest marginal rate on all of your income. I'm blown away, and genuinely humbled. I don't understand how someone can get a Fannie Mae/Freddie Mac home loan, raise children, have a long and successful career and no…

It was preached to me that this was how it worked since I started working in the mid-90s. I didn't learn better until an accountant friend clarified that when I got him to do my taxes when I started making real money in the mid-00s. I dare say that it was probably the most common understanding until fairly recently. The internet has probably helped a lot with that. That is to say, if you're of a certain generation yo…

Post by riehwvfbk » Tue, Jul 23, 2024, 4:19 PM UTC

wepple wrote: post #287

stonethrowaway wrote: post #277

Earlier quoted context omitted.

> Because the stress and risks of running a small business as a solo inexperienced first time business owner are insane compared to a regular 9-5. Believe it or not you get over this. It’s kind of like the fear of going up on stage to give a presentation. Some people get an addictive rush, these are usually serial entrepreneurs who just love to be in charge because they have no problems with risk/stress tolerance (mo…

> Everyone should attempt to start a small business or a side consulting gig. Failing that, you should strive to make it to VP-suite Utter horse shit. I want to earn enough to live without too many worries, and spend time with friends and family. Being able to leave at 5 is irreplaceable

Post by reaperman » Tue, Jul 23, 2024, 4:20 PM UTC

nequo wrote: post #314

berdario wrote: post #282

Earlier quoted context omitted.

An educative reply is easier to ignore than a (or multiple) replies in which you're ridiculed. Moreover, being thought about how you're wrong about X might not necessarily translate in the subject being more careful before confidently expressing themselves on a Y topic on which they don't know anything about. Hopefully, ridiculing might make the subject reconsider that part of their character. That said, the HN polic…

The pile of downvotes drives the point home. No need to ridicule, education is better. If you can't educate the poster, at least you educate other readers who also didn’t know, without the unnecessary noise of ridicule.