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Ask HN: Did you get "never have to work again rich" through software?

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101–110 of 197 posts

Re: Ask HN: Did you get "never have to work again rich" through software?

#101
Interesting post. I guess the emerging subtext here is: are you happier once you win the lottery?

Maybe you are interested in some contrast from academia?

I managed to become the academic equivalent of "never have to work again rich", namely, I got a tenured-for-life can't-fire-me professorship at a major university. This is the equivalent of winning the lottery for academics: we get to work on what we want and we get paid for it!

I literally do not have to go to work if I do not want to. I only have to teach a couple of hours a week, and I can get a graduate student to do that for me if it annoyed me (which it doesn't; I derive a great sense of satisfaction and fulfilment from teaching).

> How did you do it?

Working hard, naturally, but not sooo hard. Say 40 hours a week. But probably I am thinking about science all the time, so it's kind of hard to evaluate. But I also did it through politics: knowing the right people, talking to the right people, learning the system, identifying trends, jumping on the right scientific bandwagons, publishing incremental results in trendy journals, and winning large public grants (so far over US$2 million).

> What did it feel like when you first realised it was going > to be true that you would never have to work again if you > didn't want to?

I reinterpret this as "What did it feel like when you first realised that the need to ever look for a job again was gone?"

The answer is it took me a long time to realise: being a professor is much like being a postdoc, with some extra admin thrown in. So it took me a long time to really accept the amazing luck I have. I'm still coming to terms with it (5 years later). It gets better every day.

> How old were you?

Tenured at 28, full professor at 31.

> Do you feel happy in your life?

Now yes. But not because of the job. Another commenter (diego) noted that "We all age, get sick, have family / relationship problems, need to stay motivated." I completely agree.

Happiness has come to me not because of the job, but because I finally understood the value of family and relationships -- personally I derive much more happiness from my children, my wife, and the people around me than I do from science (although I do dearly love science).

For various reasons I know lots of very wealthy people who need never work again. They are, without exception, all miserable fucked up debased individuals who are so idle and unfulfilled they end up spreading their emotional contagion to all who are unfortunate to be in their way.

Re: Ask HN: Did you get "never have to work again rich" through software?

#102
> "Never have to work again rich"

I'm almost there. At this point, I just resigned my full-time job and have enough cash on hand to maintain my current lifestyle for the next 10+ years before even thinking about finding a new job or withdrawing funds from my retirement accounts.

> How did you do it?

I worked in IT at a community bank and built a reputation for software development. After ~5 years there, I started a consulting business on the side to develop websites and custom software. The CFO at the bank introduced me to a client that was growing fast and wanted to build their own software to eliminate their growth bottlenecks. By focusing on their business needs, I was awarded 2 contracts over 2 large firms and an independent developer that bid on the work.

>How old are you?

I was 24 when I started working at the bank, 29 when I started the business. I'm turning 31 at the end of this month.

> What was it specifically that made the cash that ended up in your pocket?

One of the contracts I mentioned above was to build and host a project management tool. I priced this hourly since I could see the potential for this to become a long-term project. Once the software was up and running, I packaged a hosting and support service together which effectively works as a perpetual 4-figure per month retainer.

The client thought this project would be done in 3 months but I was able to show them the software had much more potential than they expected. Yesterday marked the start of the 2nd year of development with a rate increase of 25% on development work.

All this was accomplished part-time and put over $160k into my pocket in the last year. I've used some of the money for real estate investments which have pushed my zero-effort monthly recurring revenue up to $3500 after expenses.

The client is now interested in selling the software, and since I carefully positioned myself as the provider of hosting and development services, they're open to a revenue share. If this works out then I'll officially be "never have to work again rich"

>Do you feel happy in your life?

Yes! But the money didn't make me happy. The first few 5-figure checks were exciting but now the money is almost irrelevant.

Re: Ask HN: Did you get "never have to work again rich" through software?

#103
post #80

I feel obliged to comment, although not with my normal HN username. I’m 41. I retired two years ago at the age of 39. I spent 18 years working in Silicon Valley at four different companies of various sizes. At 29 I was promoted to a first-level manager. Two of the companies I worked for were successful while I was there, although not spectacularly so. Mostly I minimized my costs. For the last five years of my career,…

Reading this post was very uncomfortable, especially the follow-ups describing women as having "no intellectual curiosity", but also the general tone. I was also perplexed at how many others described this as an ideal life -- perhaps they were just referring to the raw facts (lots of fun, dating, throwing good parties, etc.) and not actually adopting many of the implicit attitudes in there. Still, I couldn't help but…

The post has a bizarre vibe doesn't it. The facts he chose to include.

He'll date 28 year old... but never older. Of course not. He knows all the bouncers of the hottest clubs. It's how he impressed his 20 year old girlfriend! But he has more girls 'on the side'.

Gee I wonder why he never has good conversations with any women given the types that must gravitate towards him.

Re: Ask HN: Did you get "never have to work again rich" through software?

#104
post #53

Earlier quoted context omitted.

The Red Pill is leaking onto HN now? Damn

The blue pill runs deep in HN. It's just the personality of nerds to be white knights. There are always a minority that have taken http://www.reddit.com/r/TheRedPill

Or ya know. The rest of the people here have very different lives and more often surround themselves with intelligent people of both sexes. You've made it very clear that your selection process for females is incredibly unlikely to attract someone with whom you'd have a deep, meaningful conversation. It would be exactly the same if you were gay and chasing after their male analogues.

Re: Ask HN: Did you get "never have to work again rich" through software?

#105
post #80

Earlier quoted context omitted.

Reading this post was very uncomfortable, especially the follow-ups describing women as having "no intellectual curiosity", but also the general tone. I was also perplexed at how many others described this as an ideal life -- perhaps they were just referring to the raw facts (lots of fun, dating, throwing good parties, etc.) and not actually adopting many of the implicit attitudes in there. Still, I couldn't help but…

> [1] - couldn't find a better word; is there an alternative with less negative connotations, but carrying the same denotation? Maybe a "~19 year old college "bro" type" would be closer to the mark, given that the "brogrammer" label has been around for a while.

I think the "bro" word is incredibly sexist towards men and negative. It's a cliché we're trying to accuse people of, and it doesn't cover the diversity of programmer styles and the desperation many of us are into about our sector not having enough women. We don't get stronger by repeating those humiliating words.

I believe, if we want to reach peace, we must drop this word "brogrammer" and the idea of tagging people with a bad attitude, altogether.

Re: Ask HN: Did you get "never have to work again rich" through software?

#106
post #87

I feel obliged to comment, although not with my normal HN username. I’m 41. I retired two years ago at the age of 39. I spent 18 years working in Silicon Valley at four different companies of various sizes. At 29 I was promoted to a first-level manager. Two of the companies I worked for were successful while I was there, although not spectacularly so. Mostly I minimized my costs. For the last five years of my career,…

> I date a succession of girls in their twenties. 27 or 28 is about the cutoff for me. And they’re attractive girls: they’re not the twentysomething warpigs you see lumbering through the cubicle hallways of Silicon Valley. My girlfriend at the moment is 20, which is less than half my age. But I date other girls on the side. What the fuck does this have to do with anything? Go posture somewhere else you uninteresting…

It's just a long-winded answer to "Do you feel happy in your life?". And we now know a little more about this classy individual! ;) Knowledge is power.

Re: Ask HN: Did you get "never have to work again rich" through software?

#107

Earlier quoted context omitted.

nice! The many girls thing will rapidly get boring though. Friends thing never will.

[Thanks, japhyr, for pointing that out although we obviously disagree] Actually, I've already figured that out. This guy is going to be my friend for the rest of my life even though I've only known him for a year. Several times it's happened that we both make excuses to ditch our respective girlfriends to just hang out alone together, drink wine and talk about life. Women have almost no intellectual curiosity. It is…

Women who could actually challenge you intellectually are keeping a wide berth around you. To them it's too clear what you want in life and they apparently have no interest.

I'm not jealous. I'm a multimillionaire and have no real need for additional money. Nothing crazy but more than enough to not need to do anything for money. I could do what you do, if I wanted, although it holds no interest to me.

But I build companies and in doing so I hire a wide variety of people, including women who are every bit as intellectually capable as men. Why are you not meeting them in your personal life? I don't know. Maybe because you care more about how they look and not how they think. The smart ones are written off as "warpigs".

Maybe in 10-20 years you'll find that you were never able to find an actual connection with a woman and begin wondering why, instead of purely blaming it on them. Or you'll tire of the debauchery. Or maybe you'll just be happy with debauchery and inability to connect with nearly everyone you know (except one guy) for the rest of your life, and be happy with the "nod" from the bouncer and swarms of penniless locals infatuated with your status.

Re: Ask HN: Did you get "never have to work again rich" through software?

#108
post #18

Yes. I sold IndexTank to LinkedIn among other things. It was a gradual process for me that started with the first dot-com boom. It wasn't as big of a deal as I thought it would be. I was 41. Cashing out stock from public companies I've been at, selling consulting services before building IndexTank, selling IndexTank. I don't think there is such a thing as overall happiness. I do live in the present more than I used t…

* > I was 41* Boom. First of all, congrats on that success. Second, I love hearing stories like this. I'm sure I'm biased because I'm in my late 30s but it's a nice break from all the tech wunderkind profiles in the media and the ageism of VCs & startups.

It's the kids that make the headlines, but think about it this way. Only the novel stories make the headlines. The fact that the news never talks about a 41-year-old selling his company and making it big should be encouraging- it suggests it is more common than the 23-year-old selling & making it big!

Re: Ask HN: Did you get "never have to work again rich" through software?

#109
post #85

Earlier quoted context omitted.

Where are you if you don't mind me asking?

I grew up in New Hampshire, but now I live in southeast Alaska. I found a third-grade autobiography once: "When I grow up I'm going to live in Arizona, California, or Alaska." I had no idea how far back I had the desire to move west.

Interesting. I always pictured Alaska as a beautiful but lonely place.

Re: Ask HN: Did you get "never have to work again rich" through software?

#110
post #98

> How did you do it? I got extremely lucky. I got dragged kicking and screaming into being an early hire at Google. > What did it feel like when you first realised it was going to be true that you would never have to work again if you didn't want to? Kind of surreal. On the day of the IPO, one minute I was still a working stiff, and the next minute I was suddenly looking at an account with my name on it with more dig…

I'm curious on the back story of how you got dragged into working for Google
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