I know Blind is heavy SWE with FAANG and RSU’s that bump up TC.. but you’re still all slaves. if someone knew how to make 7 figure for a few years you could cash outta the rat race.. So does anyone know? here’s what ive boiled it down to (most realistic paths in my opinion; so you wont see ‘hit lottery’, ‘day trade/invest’, ‘bitcoin’): - maybe work your way up in i-banking working 80 hour weeks until you break 7 figures - do medical device sales or tech sales for 5 years working non-stop until you break 1M - become a personal injury lawyer and start your own firm - become an orthopedic surgeon - start a start up and get aquired by a FAANG Not trying to bash anyone by calling them slaves, just think the rat race is strangely fucked and always in favor of the business. but maybe we’ve always known this. so how is one supposed to become financially free working on salary?
Run your own business(es) and sell something. And invest. Keep the day job until you’re stable.
High risk = high reward But how does one do that w student debt?
The rat race doesn't work that way. Once you get to 1M you're trying to hit 10M. There is no end, that's the point.
Very true. 1M ain’t nothing these days
Pet. Rock. The guys a genius, I mean, he made a million dollars!
A million bucks these days is a dime a dozen; but I understand your sentiment
Add government contracting into the mix!
Banks are all underperforming. There's no money left in investment banking. It's all in tech now.
The RSUs make you millions though.
Eh vesting schedule ain’t worth it
OP what is it that you want to buy? Just sounds like insecurity. LOL
Peace of mind?
Leetcode yourself into Albertsons
They’re only taking PhD graduates now, competition is so tough. But, you get $1M sign-on so ... worth it.
Nice
Startups. Highest chances of all the options.
Only if you are a founder/co-founder, otherwise it’s highly unlikely
Of course. I mean your own startup
Way easier than all that! Have your money (and other people) work for you. Working yourself is not how to make money.
I understand the logic here, totally get it. Like Warren buffet said “if you can’t figure out how to make money while you sleep, you’ll work til you die”.. I get it. But how man? What realistic path are you referring to
There are almost infinite ways. Pick the one that most resonates with you and make it a priority. Patience is a virtue. Examples could include simply investing consistently, renting real estate, or starting a business (restaurant, consultancy, car wash, dealership, manufacturer, education, plumbing etc etc) some will have a significant barrier to entry at which point you borrow other people's money or save aggressively until you can buy one. Hire good people (they are worth the extra cost) and have then work hard for you.