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High finance (banking, PE, hedge funds) are basically the only career I know of where you begin at a relatively high salary, and have potentially unlimited care
by the_watcher 13y ago
High finance (banking, PE, hedge funds) are basically the only career I know of where you begin at a relatively high salary, and have potentially unlimited career growth (in terms of salary and earning power), where at the highest end, you aren't doing substantially different work than you did at the beginning (this is simplistic, obviously. You work at a higher level, and begin to employ people to do the work you did previously. My point is that the career progression doesn't require a change to realize the highest earnings).
Am I wrong? To become a "millionaire" (using it as a synonym for wildly financially successful) doctor or lawyer, you generally make the majority of your money through either an invention or marketing skills. What career isn't a "dead end" applying this logic? Real estate, maybe?
- _random_ 13y agoTo be a doctor you need to study for like 10 years as well.
- the_watcher 13y agoI'm pretty much just addressing career progression after you enter the profession, not barriers to entry (since the author seems to be addressing those who have cleared whatever entry barrier there is).
- maigret 13y agoWhen you asked "Am I wrong?", I nodded in agreement, until I read the next sentence. Successful doctors and lawyer are usually people that proved a better track record, usually both in their relation to their client (so important for those jobs) and their factual successes and special skills. Additionally, they usually also succeed at leading teams of talented younger people that help them succeed at a bigger scale.