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Google/Facebook both minted several thousand millionaires at IPO. The vast majority weren't CXAnything. I don't know whether the article is about income or we
by patio11 12y ago
Google/Facebook both minted several thousand millionaires at IPO. The vast majority weren't CXAnything.
I don't know whether the article is about income or wealth, but if one puts "big money" at, say, $250k of gross income, then it's clearly achievable in software. Options include a) get a job at AppAmaGooBookSoft and stay in it for 5~10 years or b) hang out your shingle as an independent consultant and charge $8k+ per week at 75% utilization.
- UK-AL 12y agoGoogle/Facebook level IPO's are quite rare, and you had be in relatively early to get enough.
- matthewmacleod 12y agoYes, but I think those events are rare enough to be classed as outliers. Ultimately, the guidance of 'work at a company that's going to make it really big in the future' isn't all that helpful in practice!
- cat9 12y agoOr $12k+ per week at 50% utilization. 75% utilization sounds a bit stressful. For that matter, $8k+ per week at 50% utilization is still $165k at the same fudge factor for taxes & overhead. That's already well beyond my threshold for "I've increased this variable to the point that further increases are nice but not a primary motivator, and I'd rather that further optimization focus on quality of life as the primary variable."