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I quit the tech industry

eev.ee

11–20 of 565 posts

Re: I quit the tech industry

#11
I have been working for myself for last 8 years after completing my masters, in hindsight financially I did not do too badly (tho there was some great and ups and incredible downs!) and it is NICE working from home and watching your kid grow (tho there are quite a lot of distractions!!! says he who is procrastinating reading HN :D )

BUT if I was offered a job with guaranteed employment and steady wages and (gaaasp pension!) like being a teacher I would go for it. Having kids changes your perspective.

I would have been financially much better of if it wasn't for punitive taxes in Ireland, here you reach ~53% high tax rate with only about ~$35K in income. And then there are new property/water taxes they brought in now as well as 23% VAT :( All of these taxes really make you ask yourself "why bother work harder and longer" and really kill any incentive to work. And no we do not get free healthcare here still need to pay for medical insurance out of aftertax earnings. And as a business owner I do not qualify for the full welfare if things go to shit, despite paying high rate of social taxes.

edit: Now that I read my rant in second half of my past, no wonder no good startups come from here, the atmosphere is toxic to entrepreneurship.

Re: I quit the tech industry

#12

After reading on HN about the miners in England yesterday, it's difficult to generate too much sympathy for your situation. https://news.ycombinator.com/item?id=9677863 I hope that you translate your passion into using technology to truly help make the world a better place.

The guy is clearly burnt out and your best response is "well at least you don't work in a coal mine".

You could argue "well at least those coal miners didn't live in Ethiopia or Rwanda"

There is exactly one person on this planet at any time who has it worse than everyone else, everything else is just relative.

Re: I quit the tech industry

#13
I am in a similar phase, just two more days left in my current job. After that I shall start working on my own projects and freelance and build MVPs for startups to keep me afloat, which I also enjoy for the fulfilling responsibility. But I am only experimenting it for next few months and if it doesn't work out I shall fall-back. Good luck for your next steps.

Re: I quit the tech industry

#14
post #11

I have been working for myself for last 8 years after completing my masters, in hindsight financially I did not do too badly (tho there was some great and ups and incredible downs!) and it is NICE working from home and watching your kid grow (tho there are quite a lot of distractions!!! says he who is procrastinating reading HN :D ) BUT if I was offered a job with guaranteed employment and steady wages and (gaaasp pe…

Well, you've just convinced me never to return to Ireland until I retire, thanks!

Re: I quit the tech industry

#15

I did that. I stopped working full time. I started working on my own projects, which I have like 10 of, all very different. 3 of the ones I launched are already making okay money, paying half of our rent. The mental change is tremendous - I don't have a manager harassing me, I do everything on my own schedule. I can switch between whatever projects I want, whenever I want. The only thing that I miss is working with t…

IOW, you switched your dependencies.

Re: I quit the tech industry

#17
This is what burnout looks like. Unless Yelp has a toxic work culture, it's likely the author brought it on themselves by pushing too hard. After several months, the author will probably start thinking about work again, and begin the job search once more.

Not to say that the author's points are invalid; it's a terrible feeling to have to spend your most productive hours working on someone else's problems. He or she may find themselves drawn toward entrepreneurship. There's nothing quite like working on your own idea...especially if that idea is going to make you cash.

Office culture is draining. Some people aren't cut out for it. Additionally, programmers tend to push themselves too hard for too long out of a misplaced sense of loyalty to the company. They're being paid huge sums and sometimes feel that they need to work extremely hard to deserve what they're being paid. They don't see that the work they do is extremely valuable in and of itself. Employment is a business arrangement; a coder doesn't owe the company anything more than their agreed-upon hours of work.

If/when the author does return to work, it's likely they will be much more likely to put themselves first and the company second. They'll likely have a plan to escape working for someone else ever again.

Re: I quit the tech industry

#18
post #14
post #11

I have been working for myself for last 8 years after completing my masters, in hindsight financially I did not do too badly (tho there was some great and ups and incredible downs!) and it is NICE working from home and watching your kid grow (tho there are quite a lot of distractions!!! says he who is procrastinating reading HN :D ) BUT if I was offered a job with guaranteed employment and steady wages and (gaaasp pe…

Well, you've just convinced me never to return to Ireland until I retire, thanks!

Yeh me and my kids will be paying for a long time for the worlds biggest banking (per capita) debacle and the destruction of the economy in the 00s by various governments. With kids its sort of hard to leave :( Tho' it is a nice place to live despite all the carry on.

But hey look over there at the news yet another multinational setting up to launder/funnel money onto somewhere warmer and seems like a housing bubble is re-inflating again.

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edit: last year i arranged my salary to remain under the high tax rate band Gross: €32.6 K Net (after PAYE,PRSI,USC): €25 K

The accountant said that above this €32K line i would have lost about ~53 cents in taxes for each €1.00 earned by ending up in the highest tax band...

So I left the extra money in company (corporation tax 12.5%) and will spread out my wages over few years, tho is risky practice if the company gets sued and loses the money.

There is an option to pay into a pension but with the pension funds being so mismanaged and the government actively robbing all pensions and destroying the pension reserve that would be downright stupid.

Re: I quit the tech industry

#19
This post expresses exactly how I feel. I am currently under a 30 days vacation and it has been incredibly good. In only three weeks I have studied lots of things that were postponed for months or years, worked on a personal project, exercised my body, slept well, read books, disassembled every old electronic device that was lurking for years to clean and fix it, went to a medical doctor to fix health issues that were also postponed and now I still have an infinite list of things to learn, books to read and projects to do.

Now I am really thinking on leaving my full-time job, because the vacation is coming to an end. But how to make money? If I could have a stable but low income without wasting too much time, it would be great. Mainly if that income came from a source with which I care about.

It sucks. Life, I mean.

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