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I think the entrepreneurial route is the most realistic route in the long term. The idea is to use your experience and knowledge to build a software product tha
by vfc1 7y ago
I think the entrepreneurial route is the most realistic route in the long term. The idea is to use your experience and knowledge to build a software product that a niche market needs, and sell it.
If you live outside the main city centers like Silicon Valley, New York, Los Angeles etc. its not hard to make a full-time income online.
A key thing to understand is that, as an employee working for someone else, your revenue will always be capped to the rate associated to the job market of that profession. There might be a 10% difference between jobs, but that's it.
While if working as an entrepreneur, your revenue cap is the one of the market you are on, whatever that is.
- cheeky78 7y agoI completely agree with this. I'm nearing 40 and have been consulting remotely for the past 5 years and have a side business, that will eventually be my full-time income. The problem is that it's impossible to rely on any one company until you retire. Although I've been keeping my skills updated to the latest technology and trends, if I suddenly lose my job at 50, it's going to be really tough to find another one.