4 ms·
For a company to pay that much, an engineer has to bring in or save at least 2x that much money or create software that has the potential. Finance or marketing
by WheelsAtLarge 5y ago
For a company to pay that much, an engineer has to bring in or save at least 2x that much money or create software that has the potential. Finance or marketing companies are probably a good place to target as a place where you can find a position. Also you have to prove yourself so it will be years before you come close to that salary.
Start-ups are places where options MIGHT get you that income IF the startup succeeds.
You can also try your own start-up. The least you need is a high drive to succeed. Everyone you bring in should be at the same level.
1)Find an area that still needs specialized software that can improve efficiency by at least 10x. 15 years ago I knew of someone that targeted mortgage software. He's now a millionaire.
2)Educate yourself in every aspect of the area that you want to target.
3)Find a nontechnical partner that fills the areas where you are weak.
4)Start a business in the area where the software is the differentiator
5)Create a MVP and show that it can be a driver to profits
6)Look for investors and ride the wave to riches
Lastly, in time inflation will drive salaries up so there will be a time where that salary will be common. It's way in the future.