Earlier quoted context omitted.
I would really love to pick you brain with one or two personal questions.
No idea how to send a PM on HN. There should be an email in my profile though.
Beside a startup, what are the other ways to significant wealth for a dev?
131–140 of 191 posts
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#132I am with a small company focused on compilers and managed runtimes (JVM), and I can tell you that _good_ compiler consultants are in high demand. For instance, I had a discussion with a CEO of such specialized consultancy looking for GCC specialists last year, and he said that LLVM engineers are even harder to come by. I also see processor startups popping up all the time that need compiler/tools engineers badly. Ov…
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#133I think the best approach is to stop believing the hype that you went into a vocation that'll net you obscene wealth and instead thank your lucky stars at having entered a field that you (hopefully) enjoy and which also happens to pay a damn good salary. From that point: hard work and perseverance will let you save a pretty respectable retirement fund. And the work isn't even that hard. I'm sorry to be the grumpy old…
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#134what do you define as significant? 1M 10M or 100M plus
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#1351. No. 2. Yes. 3. Respect the people you want to help you. For instance, let's say you want a bunch of people to take the time to read and answer difficult, open-ended questions for free in a way that could lead to vast personal wealth for you. You could demonstrate your respect for them by showing them the courtesy of proof-reading your post. As the questions are so broad, you also could show respect by sharing what…
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#136I am with a small company focused on compilers and managed runtimes (JVM), and I can tell you that _good_ compiler consultants are in high demand. For instance, I had a discussion with a CEO of such specialized consultancy looking for GCC specialists last year, and he said that LLVM engineers are even harder to come by. I also see processor startups popping up all the time that need compiler/tools engineers badly. Ov…
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#137Re: Beside a startup, what are the other ways to significant wealth for a dev?
#138A general rant, when someone asks about how to make reasonable wealth, significant wealth, or to get richer than you would be as a salaried worker I assume they are interested in getting into the 1% or higher bracket of earners. Someone making 6 figures asking how to get more wealth probably doesn't care they are in the top 10%. They are looking up, not down. Saving half their salary isn't realistic for a single inco…
> I have relatives making choices between feeding themselves or their pet for the day [..] Really? And why do they have a pet? If they are disabled (e.g. blind) then I understand the inherent value of a pet (a god that helps you walk through). If not, then I think owning a pet is a poor choice for someone who can't feed himself.
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#139It really depends on skill and motivation. If your motivation is only money you are unlikely to succeed. Personally I am a big corp dev and making >600k/year on track to retire at 40. But you do not get there by trying for the salary. Try to be good, no exceptional, at what you do. Become valuable and you will be paid. But your motivation should be your craft and not money. I believe the same applies for startup foun…
I think the number one people arnt well off is because people only dream about money, aren't actually really dedicated to working out how to get it. I've significantly increased my salary, job happiness, and working conditions by actively trying to shape my life and my job(Changing jobs as necessary). I've significantly cut down expenses. Resulting in me being fairly well off. Being fairly passive about may work, or…
Re: Beside a startup, what are the other ways to significant wealth for a dev?
#140Earlier quoted context omitted.
If what you say is true about your own situation, you must realize that you are an extreme outlier, and no general advice you give is going to allow someone to repeat your immense luck. "Be valuable and you will be paid" sounds like vague happy-talk, not concrete, repeatable steps that one can put into practice and replicate your success. Most people who are "exceptional at what they do" are putzing around at a corpo…
He's not that much of an outlier as you may think, he's exceptional though to be making that kind of money and openly talking about it.
If you know a dozen people making 500k, it doesn't seem that uncommon to make 500k.
And yet 40% of Americans earn under 20k.
40%! http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2012
Lots of developer salaries are around 60k, some lower, some higher, almost none exceed 100k if you actually look into percentages.
HN is a strange echo chamber with regards to money, it feels like everyone is making a killing, and really, almost no one is.