61–68 of 68 posts
If you are one of 3 trusted advisers who have a 1-in-3 chance of providing critical business advice for a multi-billion-dollar company? You're worth every penny even if your batting average sucks.
The trick is to get into that position. You usually get there by making lots of real-world decisions for yourself for your own multi-billion-dollar company. But -- I'm sure there are other ways.
Good luck!
1) Old
2) Have tons of experience and worked hard earlier in their life
3) Have lots of connections that prevent them from being fired
I'm sure there are employees at large companies who collect 6-7 figure salaries and do little to nothing on a day-to-day basis. However, they can only do this because of their past merit and connections.
Marketing.
As a senior marketer who was up last night till after midnight analyzing view-through attribution data for our display efforts, I really resent that. You may not clearly understand what goes into marketing, but just as there are good and bad people in any field, a good marketer actually does quite a bit of work. In most cases, marketing is one of the most visibly measurable functions in a company and unless the compa…
I have the current good fortune to work with some people who I would describe as you have above. But my experience has unfortunately more often been with those who took a "quick path" through education and experience to get a front-line, visible, and reasonably well compensated role.
I think if I were you (25, statistically likely to be single), I would live in the cheapest accommodations I could stand and use the mostly-excess portion of that 100k to buy rental homes in cash. Do that for a number of years, and it won't be long before you have passive income and you can make your 100k and work at whatever thing makes you most happy. If you don't like real estate, then pick something else: save a…
This is a workable plan, but as a note, I had a friend in this exact situation do this exact thing (except with 4-plex apartments instead of houses). He burned out pretty quick. Dealing with tenants can take a lot out of you, especially if you try to leverage yourself by buying properties in the bad parts of town.
Earlier quoted context omitted.
This is a workable plan, but as a note, I had a friend in this exact situation do this exact thing (except with 4-plex apartments instead of houses). He burned out pretty quick. Dealing with tenants can take a lot out of you, especially if you try to leverage yourself by buying properties in the bad parts of town.
My answer to that would be either (a) be more selective with the tenants and (b) consider hiring a management company after the first few properties. They take a bite of of the profit, but it might be worth it in the long run.
A) is rather hard, profiles and credit reports don't tell the full story and lots of odd things happen during a lease.
B) makes sense when you have >2 units to lease (SFR, flats, whatever) and at least one is cash-flow positive. And they will save your mental health.
I am currently on a job I have taken for Visa and quick Money (mostly visa though). Six months later I had milked all the experience I could get out the tech and people I am working with.
Basically I went from a high accountability role in a startup in Europe where as a Junior coder I was entrusted with big services and decisions (technical decisions) that could undo the company if I messed it up. And now I am doing fairly PAR level corporate internal services in JP company, using "good old" stacks of technologies where the most cutting edge aspect is that we use the latest version of PostgreSQL. I am basically doing undergrad DB 101 data modelling within a team that do not care about the technical quality of its product.
Everyday I dread the boredom I feel at work. And If I didn't commute with my wife (she is the high of my days) every morning I would have probably become a statistic during the rainy season.
On a bright note: I have already found the next thing that looks really interesting, new and well compensated. I am currently shaking off that funk the projects I have been working on have put me in.
It was difficult keeping morale up, I must say that I was on the fringe of depression. I felt exhausted even though all the work my managers could put on me was done, tested and pushed to production before most people were in the office (again: used to start-up pace here), and then you guys (HN) enter my day (at 9 flipping 30 AM) ... I have never been so well informed in my whole life.