3 ms·
I get that, but if you’re trying to get a job at one of the best paying companies in the world, is the stress level actually that different? And there are plen
by keiferski 2y ago
I get that, but if you’re trying to get a job at one of the best paying companies in the world, is the stress level actually that different?
And there are plenty of examples (search on HN for them) of people running one person internet businesses and making a healthy living.
- brigadier132 2y agoIm doing both and yes its very different. The stress at the big companies is nothing.
- keiferski 2y agoSure, I get that. But are the people trying to maximize income as an employee really looking for the low stress route in the first place? I suppose I should have qualified my comment by saying it's if your primary aim is to maximize income.
- filoleg 2y agoMy primary goal is to maximize my income with the least amount of stress possible, and FAANG hits that spot just right. I guess you can say I could maximize further by switching to finance or starting my own business, but the amount of extra stress is just not worth it at the moment, personally.
- The_Colonel 2y agoStress level has very unclear correlation with compensation. My very personal experience was that higher the compensation, less stressful the job was.
- dontlikeyoueith 2y agoAt my compensation my only stress is what happens if I get laid off and can't find new work in this market.
- jinushaun 2y ago> I get that... > Sure, I get that... Doesn't sound like you get it. You ask why people have an aversion to starting their own business and people are giving you reasons that you don't want to accept. I've done both. Working FAANG is way easier than running your own business. Orders of magnitude less stress. That's why some people can "rest and vest" at FAANG.
- Rinzler89 2y ago> is the stress level actually that different? Your liability is. Worst case scenario is you don't get hired, or you get hired, and then get fired. That the worst that can happen. FAANG isn't gonna come after you for damages if you accidentally brick something in production or are just lazy and incompetent. As a business, your customers might. Let's watch how the Crowdstrike scenario unfolds in the coming months, when they'll probably get lawsuits up the ass for the damages they caused. Get your popcorn ready. >And there are plenty of examples (search on HN for them) of people running one person internet businesses and making a healthy living. Sure, but not everyone can get there, the same how not everyone can become a successful football player despite so many successful examples. There's too many variables. Usually, the right connections are your most valuable asset as one man company, and not everyone has them.
- keiferski 2y agoCrowdstrike is essentially on the level of a FAANG, so I don't think this is remotely comparable to the type of business I mentioned. The likelihood of a one-person SAAS getting sued into oblivion is pretty low, especially if you aren't providing something as fundamental as security services to banks and airlines.
- arrosenberg 2y agoIf you are a tiny business, you just need an indemnity clause. If you have employees, you pay for E&O insurance. Im not saying any of this is obvious, but if you are applying to work at a FAANG, I will assume you are both smart enough and ambitious enough to do a bit of research.
- ghaff 2y agoIt's totally understandable if you don't want to sell/market your business or you just don't want the unpredictability which is probably greater than with a larger company. But, oh no, I might be sued should almost certainly not be a major consideration relative to other factors.
- FooBarWidget 2y ago
- deleted 2y ago[deleted]
- woobar 2y agoIt is not about stress. You are asking to pick between a) do same job at a different company for 2-3x income, or b) learn to do something different for a chance of smaller/same/or bigger income than in the previous case. First option requires passing somewhat stressful interviews and then it is all familiar territory. Second option has more unknowns.
- madamelic 2y ago> First option requires passing somewhat stressful interviews and then it is all familiar territory. Second option has more unknowns. The most you'll ever make at a job is based on one conversation you had months or even years ago. Your income will only ever increase at steps every 6 - 12 months and, in the best case, linearly and in the worst case never increasing beyond inflation. With a business, yes your income may be stagnant or slower, but your income isn't capped, can change rapidly, and can change on a dime rather than waiting on the next review cycle or whatever. If you have the stomach for it, a business will long-term always give better returns for your work than a job.
- financetechbro 2y agoRemind me the % of startups that fail pls
- Noneofya 2y agoThere are not so plenty examples of one person businesses making that one person rich.