0 sats \ 4 replies \ @WeAreAllSatoshi 28 Sep 2023 \ parent \ on: Why are most engineers not rich? tech
You're right, most don't. For every founder that does succeed, there's a ton who don't. Companies fail all the time. We just see the successes more often.
Agreed, there's different targets and goals that folks can have. It comes down to how you measure your wealth/success/etc.
True, I guess I meant joining an existing mid- to large-sized company as an engineer isn't going to get you any significant percentage of equity, so you're going to have to "get rich" via salary, basically.
I think the ultimate takeaway is risk -> reward, sometimes. Founders, early employees, etc. all take risks. Sometimes they pay off, other times they don't.
ETA: can't wait for quote reply to land... LOL
risk -> reward
For sure. Greater risk, greater reward potential, but also greater loss potential.
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Also lmk if you're ever underindexed on risk lol
We could use another full time engineer and you've been doing excellent work.
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Wow thank you, that is something to really consider! Let me mull it over and get back to you!
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