How to become rich as a programmer. Part 1.
3 actionable principles you can start applying today
3 min read
Becoming rich as a programmer requires a combination of hard work, skill, and luck. However, there are several things you can do to increase your chances of financial success in the field of programming.
Don't work for someone else, unless you have equity there
Working for someone else can be a great way to learn and gain experience in your field, but it's important to carefully consider the terms of your employment. If you're just starting out in your career, it may make sense to take a job with a traditional salary and benefits package. However, if you're more experienced and have the skills and expertise to contribute significantly to a company's success, it might be worth negotiating for equity in the company. Equity, such as stock options or ownership shares, can provide financial security and long-term wealth potential. While working for someone else can provide stability and a steady income, owning a piece of the company can give you a sense of ownership and control over your career and financial future. So, unless you have equity in the company, it may be worth considering alternative employment options that offer more potential for long-term financial gain.
Consistently launch new pet projects, don't stop in the middle
Launching new pet projects on a consistent basis can be a great way to stay motivated and engaged in your work as a programmer. It's important, however, to avoid starting a project and then abandoning it halfway through. Not only can this be demotivating and frustrating, but it can also waste time and resources that could have been put toward other projects. To avoid this, it's important to set clear goals and timelines for your pet projects and to regularly review your progress to ensure you're on track to complete them. It can also be helpful to enlist the support of others, such as a mentor or accountability partner, to help you stay motivated and on track. By consistently launching and completing new pet projects, you can continue to grow and improve your skills as a programmer and potentially even turn your projects into successful businesses or products.
Don't use "get rich quick", leave it for school dropouts, you are the coder, use your power
As a programmer, you have the skills and expertise to create value for others through the development of software and other technologies. While it may be tempting to try to get rich quick by taking shortcuts or seeking out schemes that promise easy wealth, it's important to remember that these approaches are often risky and unreliable. Instead of trying to get rich quick, focus on building a strong foundation for your career by consistently developing your skills and knowledge, networking and building relationships in the industry, and applying your talents to solve real problems for others. Your programming skills give you the power to create value and make a meaningful impact, so use them wisely and focus on building a long-term, sustainable career rather than trying to get rich quickly.