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>have the benefit of actually owning their own businesses This sounds like a business is just something that happens to fall on your lap while you're fixing a

by Aunche 3y ago

>have the benefit of actually owning their own businesses This sounds like a business is just something that happens to fall on your lap while you're fixing a pipe rather than something that you build with your blood sweat and tears. Most tradespeople make nowhere close to 300k. Their success is credited to their hard work, not their happening to choose the trades.

no_wizard 3y ago
I should have addressed this more sufficiently, but there are a couple different things I'm saying here so let me clarify: One is being the trades is rewarding, yes not all bring in 300K+, but I don't know a single trades person, many often my junior, who don't bring in a good income pretty comparable to software engineers at non FAANG companies make (typically 150K+) and I don't think any of them are carrying high debt student loans (many states even pay for trade education outright) and their benefits can't be beat, esp. if they're union. The second is that there are trade businesses that do earn, esp. right now in the industrial sector, but they all have a singular thing in common: Travel Travel Travel. thats the name of the game. They're gone alot. For instance, my cousin is an industrial electrician, and works on windmills. He travels all over the midwest and Texas to do the work, is rewarded quite handsomely for the privilege, but is gone over half the year. Has no wife or kids currently, so there is that, but its taxing. Other trades folks I know have businesses and do pull in alot, but the "grind" can be very real at times, but I've been told that its rewarding, because its yours at the end of the day Third is in a specialized sliver of robotics / industrial systems, you can make a fortune, but its not so outsized across the board. Medical systems are a big one, robotics are being really big in surgeries, and there's alot of money to be made there
- EFreethought 3y ago
  WRT travel: I think if you are willing to travel, you can make a lot in any industry (except maybe being a truck driver).
- runsWphotons 3y ago
  I dont know what trades you have in mind, other than that you mentioned industrial robotics, but most trades people without college are not making anywhere close to 150k. The really successful ones do though, and maybe thats who you are talking to.
- importantbrian 3y ago
  When you say trades are you just talking about industrial robotics and the like? My family owns a construction business and the only tradespeople making anywhere close to $150k own their own business, and even then it's pretty rare to clear that kind of money. In my experience a tradesperson in the top 5-10% of the distribution might make around what a software engineer in the bottom 25% makes, and it's a pretty long hard road to get there.

by Aunche 3y ago

no_wizard 3y ago

I should have addressed this more sufficiently, but there are a couple different things I'm saying here so let me clarify: One is being the trades is rewarding, yes not all bring in 300K+, but I don't know a single trades person, many often my junior, who don't bring in a good income pretty comparable to software engineers at non FAANG companies make (typically 150K+) and I don't think any of them are carrying high debt student loans (many states even pay for trade education outright) and their benefits can't be beat, esp. if they're union. The second is that there are trade businesses that do earn, esp. right now in the industrial sector, but they all have a singular thing in common: Travel Travel Travel. thats the name of the game. They're gone alot. For instance, my cousin is an industrial electrician, and works on windmills. He travels all over the midwest and Texas to do the work, is rewarded quite handsomely for the privilege, but is gone over half the year. Has no wife or kids currently, so there is that, but its taxing. Other trades folks I know have businesses and do pull in alot, but the "grind" can be very real at times, but I've been told that its rewarding, because its yours at the end of the day Third is in a specialized sliver of robotics / industrial systems, you can make a fortune, but its not so outsized across the board. Medical systems are a big one, robotics are being really big in surgeries, and there's alot of money to be made there

EFreethought 3y ago
WRT travel: I think if you are willing to travel, you can make a lot in any industry (except maybe being a truck driver).
runsWphotons 3y ago
I dont know what trades you have in mind, other than that you mentioned industrial robotics, but most trades people without college are not making anywhere close to 150k. The really successful ones do though, and maybe thats who you are talking to.
importantbrian 3y ago
When you say trades are you just talking about industrial robotics and the like? My family owns a construction business and the only tradespeople making anywhere close to $150k own their own business, and even then it's pretty rare to clear that kind of money. In my experience a tradesperson in the top 5-10% of the distribution might make around what a software engineer in the bottom 25% makes, and it's a pretty long hard road to get there.