Live data from Hacker News

Ask HN: Career advice and what skills gave you the most leverage

news.ycombinator.com

31–40 of 44 posts

Re: Ask HN: Career advice and what skills gave you the most leverage

#31
Considering your project management experience and the growing demand for EV charging infrastructure, you might explore roles in renewable energy project management or operations management. These fields align with your expertise and offer potential for both personal growth and higher earnings.

Additionally, exploring professional development opportunities or certifications in relevant areas could enhance your skill set and open up new avenues.

Re: Ask HN: Career advice and what skills gave you the most leverage

#32
post #22

* This might sound trite, but you will make the most money when your company has lots of money. If your company is struggling or its industry is going through a cyclical slowdown, you will typically make less than at a flush firm or in a booming industry, even if you are a top performer. Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples). * Bec…

> Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples).

Out of curiosity, which industry did you switch from (and to)?

Re: Ask HN: Career advice and what skills gave you the most leverage

#33
The "most leverage" is networking with other people - on other teams, other companies, at differing career levels, and in various roles

Since high school, I have had precisely one job where I did not know someone going in and/or who did not come to me: and that was cleaning cars at Hertz at the turn of the century

Every single other position I have had came from: a referral, personal inquiry, or a recruiter finding me

Maintain a good reputation, and get to know as many people as you can

Re: Ask HN: Career advice and what skills gave you the most leverage

#34

I'll be brief and say the key to many successful careers has been to focus on data . Software, infrastructure, and everything digital is just scaffolding and piping to move and transform data in one way or another. So if you find some kind of data you enjoy working with or interpreting, then you can become an expert in that kind of data (the domain) and the problems and solutions that are related. Best of luck!

Never thought that specific data is what defines a domain.

Do you have other examples of this or a more elaborate form of explanation to this?

Re: Ask HN: Career advice and what skills gave you the most leverage

#35
post #22

* This might sound trite, but you will make the most money when your company has lots of money. If your company is struggling or its industry is going through a cyclical slowdown, you will typically make less than at a flush firm or in a booming industry, even if you are a top performer. Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples). * Bec…

> Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples). Out of curiosity, which industry did you switch from (and to)?

I worked in telecom for a number of years. After years of outsourcing and cost cutting, I left and took a job at a company that might be considered fintech now. This coincided with the early days of electronic trading. This led to a software career in finance, which was an unanticipated but lucrative career turn.

Re: Ask HN: Career advice and what skills gave you the most leverage

#36
post #22

* This might sound trite, but you will make the most money when your company has lots of money. If your company is struggling or its industry is going through a cyclical slowdown, you will typically make less than at a flush firm or in a booming industry, even if you are a top performer. Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples). * Bec…

These are great pieces of advice, and something I wish I had followed earlier in life. I probably should be following one of them now even.

I had never considered sunk cost fallacy https://en.m.wikipedia.org/wiki/Sunk_cost on the long term time horizon of my career. In multiple cases, I stayed on longer than I should have. Early in my career I suffered from short term thinking, rather than guiding my job in the direction I wanted. Will growth allow me to follow the career track of my manager or other senior IC? Do I even want that? Am I gaining valuable experience, or am I beginning to stagnate?

Re: Ask HN: Career advice and what skills gave you the most leverage

#37
Finding a high-paying job is like sitting an exam where you can already find the answers. Just go onto job websites, search for what their experience requirements are, then work on gaining that experience however you can.

But you also mention wanting to find meaning. The two aren't necessarily related, so you need to decide what you actually want.

Re: Ask HN: Career advice and what skills gave you the most leverage

#38
post #34

I'll be brief and say the key to many successful careers has been to focus on data . Software, infrastructure, and everything digital is just scaffolding and piping to move and transform data in one way or another. So if you find some kind of data you enjoy working with or interpreting, then you can become an expert in that kind of data (the domain) and the problems and solutions that are related. Best of luck!

Never thought that specific data is what defines a domain. Do you have other examples of this or a more elaborate form of explanation to this?

I think they just mean the meaning of the data that comes through, which naturally consitutes the information important to that domain.

I work in fintech, the data points of my domain are transactions, prices, properties of different instruments, etc.

This data is moved + manipulated in different ways using different formats by different systems, but each day I accumulate useful context and expertise on the data of my domain.

Re: Ask HN: Career advice and what skills gave you the most leverage

#39
post #35

Earlier quoted context omitted.

> Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples). Out of curiosity, which industry did you switch from (and to)?

I worked in telecom for a number of years. After years of outsourcing and cost cutting, I left and took a job at a company that might be considered fintech now. This coincided with the early days of electronic trading. This led to a software career in finance, which was an unanticipated but lucrative career turn.

I've had a similar experience transitioning from defense to fintech. The work is interesting and I found non-dog-eat-dog companies that still pay very well.

Re: Ask HN: Career advice and what skills gave you the most leverage

#40
post #22

* This might sound trite, but you will make the most money when your company has lots of money. If your company is struggling or its industry is going through a cyclical slowdown, you will typically make less than at a flush firm or in a booming industry, even if you are a top performer. Tactically switching industries midway through my career led me to significantly higher comp longer term (several multiples). * Bec…

The first bullet reminds me of the "cones" from _The Clipper Ship Strategy _ -- it's a great read that not many people have heard of.
Post reply on HN