Are you planning on working for others forever?

New
QNxL43

New

QNxL43
Sep 29, 2021 16 Comments

I used to think I would have to work at a company forever. But then I found FIRE - the movement about saving to retire early.

However something about it didn't sit right with me - I didn't want the focus of my work to be to NOT work. I actually like coding. And that mentality was making me hate coding, just because I was suddenly aware that I was forced to do it.

I started doing some research and found that it's actually not that hard to build a sustainable business online nowadays. And it doesn't require that much luck or funding - you basically just need to find a gap in an existing market - a place that a product is needed. That is the secret. And doing that is easier than you think. Its work, but its straightforward.

Plenty of the big players today started just like that. Nothing has really changed. And if you know how to code you're like 50x ahead of most other people who are just getting started.

What are your thoughts - Have you considered a side hustle? Just don't know how to get into it?

#FIRE #tech

comments

Want to comment? LOG IN or SIGN UP
TOP 16 Comments
  • Facebook
    beam tlind

    Go to company page Facebook

    beam tlind
    This reads like an ad except you forgot to mention the thing you're trying to sell us.
    Sep 29, 2021 5
    • New
      QNxL43

      New

      QNxL43
      OP
      Haha if you are referring to dropshipping - I'd say no, because the margins are terrible.

      Software developers have the ability to create immediate leverage with 80% profit margins
      Sep 29, 2021
    • eBay
      BadSky

      Go to company page eBay

      BadSky
      Ohhh wooooow, 80% prooofit margins. Sooo coool.

      So how much should I pay to get "know how"? I pretty sure subscription is FREee, but then should buy video course? Pdf with analysis? Other premium?
      Sep 29, 2021
  • eBay
    BadSky

    Go to company page eBay

    BadSky
    Good luck to find that gap. πŸ‘
    Sep 29, 2021 3
    • New
      QNxL43

      New

      QNxL43
      OP
      Gaps often dont require creativity or uniqueness. X but 'with privacy' is like a big thing now. There are hundreds of other remixes that cater to different audiences.
      Sep 29, 2021
    • eBay
      BadSky

      Go to company page eBay

      BadSky
      Gaps don't require creativity. This is true. They are gaps.
      Sep 29, 2021
  • FanDuel
    ghPg01

    Go to company page FanDuel

    ghPg01
    Making $200k working for someone is a lot easier than making $200k with your own business. I'd rather just work and make a lot of money now and FIRE sooner.
    Sep 29, 2021 2
    • New
      QNxL43

      New

      QNxL43
      OP
      I'd agree it is easier, but if you want to FatFire you need a lot more than 200k. Also there are varying levels of difficulty in starting businesses depending on what type (SaaS, Productized service, or something else) - and that difficulty doesn't necessarily correlate with earning potential
      Sep 29, 2021
    • New
      QNxL43

      New

      QNxL43
      OP
      Also for many it would be nice to have something to do with one's skills after FI
      Sep 29, 2021
  • Apple
    KKDo67

    Go to company page Apple

    KKDo67
    Op what’s your proposal? Are you looking for someone to side hustle with you, I might be interested.
    Oct 4, 2021 1
    • New
      czzL13

      New

      czzL13
      No real proposal, but I'd recommend http://www.indiehackers.com which has plenty of like minded people looking for partners and sharing ideas.

      Personally I'm on twitter now @realtimbercode if anybody wants to discuss tech / business
      Oct 6, 2021
  • Google
    LizardFoot

    Go to company page Google

    LizardFoot
    No, but that's because I don't live forever
    Sep 29, 2021 0