THREAD: It is important to know the concept of money vs wealth.
Money: What you earn for the work you did. An effort-based return.
Wealth: One that earns for you even while you are asleep. An asset.
Time to think, are we spending more time earning money, or building wealth?
Money: What you earn for the work you did. An effort-based return.
Wealth: One that earns for you even while you are asleep. An asset.
Time to think, are we spending more time earning money, or building wealth?
Being good only at programming may not help you become powerful in the longer run. A good business understanding and creativity is equally important. Knowing not just how to code, but also why to code.
An SDE earns money by building wealth for the CEO.
An SDE earns money by building wealth for the CEO.
One can start slow, earn while learning how to build wealth. But important to not become so constrained in skills and outlook that you never take the leap.
As they say in chess, it's okay to start as pawn, but keep moving until you don't promote yourself to a queen.
As they say in chess, it's okay to start as pawn, but keep moving until you don't promote yourself to a queen.
Programming is a must have skill. But not the only skill to have. REMEMBER: You are always replaceable as a programmer, either by a human, or who knows, a bot in the future.
A good engineer is not the one who knows more stacks, but the one who can easily adapt.
A good engineer is not the one who knows more stacks, but the one who can easily adapt.
Beyond basic programming, the more important skills are your ability to play on your strengths, to network, to see a potential market, and be able to sell.
These aren't taught in our education. We need to develop them. Reading would help. So would interacting with others.
These aren't taught in our education. We need to develop them. Reading would help. So would interacting with others.
I'm yet to see a single employee in the list of Top 100 richest people in the world. Or even the Top 100 most powerful people.
They do not sell efforts. They sell ideas.
The next time a company offers you 30 LPA, think: If my efforts are so worthy, how good would be their idea?
They do not sell efforts. They sell ideas.
The next time a company offers you 30 LPA, think: If my efforts are so worthy, how good would be their idea?
And it's okay if you don't approve of this thought. People have been rich while being lifelong employees. But are they powerful? I would leave it for you to answer.
Be wealthy, not just be rich :) n/n
Inspired by @naval whose ideas never fail to leave an impact.
Be wealthy, not just be rich :) n/n
Inspired by @naval whose ideas never fail to leave an impact.
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