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It depends on what you're going for. There's some risk with projects, but also more reward. Being marketable requires staying up to date, but it's a hamster wh
by brushfoot 7y ago
It depends on what you're going for. There's some risk with projects, but also more reward.
Being marketable requires staying up to date, but it's a hamster wheel: You stay fit, but you aren't moving.
With projects, you can always pivot. Nothing is truly wasted unless you throw in the towel on being an entrepreneur.
For me, I started a system integration platform 5 years ago. It's made 5 figures over the years. Nothing spectacular, and I'm 30 now, so even if it does take off, I'm not going to be the early success story many people like. But it's taught me lessons that are priceless. I have hands-on experience with sales, development, and marketing. I have sales contacts. I have code that can be repurposed into new products.
If it doesn't reach $x within y months, I may start a new business with a new model. But that's the beauty of it: You can do that. You don't have that option with lottery tickets.
- scarface74 7y agoIs there really more risk adjusted reward? If you’re young, smart and unencumbered, you could easily move to the west coast, work for BigTech for a few years and make more money guaranteed than you could as an entrepreneur unless you get really lucky. Heck, I am none of those - young, unencumbered or willing to move to the west coast and I’m looking to work for one of the big three cloud providers (well two, I would never hitch my horse to GCP) as a consultant since they hire from any major city as long as you are willing to travel (I’m not right now).