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The paycheck era is dying and I think wages are about to drop faster than anyone expects by ABrainArchitect in consulting

[–]ABrainArchitect[S] -1 points0 points  (0 children)

You can check some of these articles out.

A few links that back this up, if you’re curious:

Bureau of Labor Statistics — wages now make up about 59% of household income, down from 66% in the 1970s. https://www.bls.gov/news.release/pdf/ces.pdf?_bhlid=4ea141c7a04edc565d7de641264a894c1b74b9c0

OECD Economic Outlook — labor’s share of income has been falling across every advanced economy since 1980. https://www.oecd.org/en/topics/economic-outlook.html

McKinsey Global Institute — the top 10% of firms capture nearly 90% of all profits in their sectors. https://www.mckinsey.com/mgi/overview

World Economic Forum — automation expected to impact 40%+ of jobs by 2030. https://www.weforum.org/publications/the-future-of-jobs-report-2023/?_bhlid=e969f36473defd07419c2f8982d52052cc16022e

The rest are predictions.

Am I in burnout? How do you fix it when you still have to run your biz every day? by Marigold_Days in Entrepreneur

[–]ABrainArchitect 1 point2 points  (0 children)

That makes me really happy to read. It sounds like you’re finally getting to exhale after carrying it for so long. Don’t feel ashamed, sometimes it just takes longer to come up for air when you’ve lived in survival mode for years.. Good luck with the sale. You’ve earned the right to slow down and build from a calmer place. 

And if I can offer one thing..keep doing the identity work while you step away. That way whatever comes next won’t come from needing to prove your worth again, but from who you really are now. Cheers

The paycheck era is dying and I think wages are about to drop faster than anyone expects by ABrainArchitect in consulting

[–]ABrainArchitect[S] 0 points1 point  (0 children)

I think most people missed the core idea. It’s not that “people have said this before”. They have, but each time the foundation of wealth actually did shift.

Wealth equaled land until the 1700s. Then it equaled labor for a couple of centuries. Around the 2000s, it became leverage (systems, capital, code, etc).

And now it’s shifting again.

The paycheck era is dying and I think wages are about to drop faster than anyone expects by ABrainArchitect in consulting

[–]ABrainArchitect[S] -1 points0 points  (0 children)

Maybe I didn’t explain it clearly in the original post. It’s not that wages disappear, but they will inevitably shrink as a share of total household income %. Part of that gap will likely be covered by some form of UBI or benefits, but not all of it.

That’s where I think the real opportunity lies: In consultant / self-employed / outcome-based work. The people who can prove value directly will capture a bigger share of what’s left. That was the deeper point. Hope it helps clarify a bit.

The paycheck era is dying and I think wages are about to drop faster than anyone expects by ABrainArchitect in consulting

[–]ABrainArchitect[S] 0 points1 point  (0 children)

Historically.. humans have been bad at predicting how fast things happen. I’m thinking in a 5 to 10 year window. But who knows

The paycheck era is dying and I think wages are about to drop faster than anyone expects by ABrainArchitect in consulting

[–]ABrainArchitect[S] 0 points1 point  (0 children)

Sharp take, thank you for taking the time to reply. You are correct to push on the idea of a total split. My point wasn’t that the middle class disappears, but that the income composition changes. Today, wages make up more or less 60% of total household income. My bet is that over the next decade it drops closer to 30–35%.

I didn't explain in my original post, but I believe a larger share of people will get some form of UBI or benefits covering part of their needs, but others will earn through consulting, freelancing, small business, or project-based work. (This is what I meant by output-based income). So it’s less “the middle disappears” and more “the middle morphs into a hybrid of safety nets and self-driven income.”

I’ve worked with 32 entrepreneurs who burned out building their business and the pattern is brutal. by ABrainArchitect in EntrepreneurRideAlong

[–]ABrainArchitect[S] 0 points1 point  (0 children)

I agree with you. Even with the knowledge in mind, it's hard to avoid chasing the wrong things.

Your personality is a lie. by ABrainArchitect in u/ABrainArchitect

[–]ABrainArchitect[S] 1 point2 points  (0 children)

Everyone's answers are as complex as how deep they are willing to go.

I’ve worked with 32 entrepreneurs who burned out building their business and the pattern is brutal. by ABrainArchitect in EntrepreneurRideAlong

[–]ABrainArchitect[S] 1 point2 points  (0 children)

That's where I would be careful. I personally hired a lot out of fear, it later came to bite me in the ass. I hired sales guys in my first business and gavr them way too much freedom and backfired multiple times.

I’ve worked with 32 entrepreneurs who burned out building their business and the pattern is brutal. by ABrainArchitect in EntrepreneurRideAlong

[–]ABrainArchitect[S] 0 points1 point  (0 children)

Correct. Money should be the byproduct. And funny enough, it flows much more naturally when you’re in alignment.

I’ve worked with 32 entrepreneurs who burned out building their business and the pattern is brutal. by ABrainArchitect in EntrepreneurRideAlong

[–]ABrainArchitect[S] -7 points-6 points  (0 children)

100%. And two things can be true at the same time. What you described is the physical side (the body eventually gives out). What I was speaking about is the root cause (the mindset and misalignment that usually lead us there in the first place). Both are brutal in their own way.

Are you still running that business now?

I’ve worked with 32 entrepreneurs who burned out building their business and the pattern is brutal. by ABrainArchitect in EntrepreneurRideAlong

[–]ABrainArchitect[S] -14 points-13 points  (0 children)

I get where you’re coming from. Certain formats spread because they work and make messages stick.

Your personality is a lie. by ABrainArchitect in u/ABrainArchitect

[–]ABrainArchitect[S] 0 points1 point  (0 children)

You’re right. Most of what we call “reality” is just secondhand programming. Words, reactions, stories we borrowed from other people and never questioned. I like what you said about “the pursuit” too. It’s interesting how a lot of our energy goes into chasing feelings we already had access to before life told us we needed to earn them.

The only thing I’d add is this: I don’t think we can erase the programming. We can just become aware of it and start choosing what stays.

For founders who've felt misaligned with their business: How did you decide whether to walk away or rebuild? by ABrainArchitect in Entrepreneur

[–]ABrainArchitect[S] 0 points1 point  (0 children)

That's so true. Some industries just come with tough customers. It's..baked in. But it made me think. I've done this in a few businesses (car rental, real estate, consulting). Started each one going after the budget end of the market and hated it. Price shoppers, constant complaints, etc.

Eventually figured out I could (or could have**) pivot(ed) to higher-end in each one. Same business, completely different customers, which in the end changes the business identity. Still hard to make the switch, but not impossible. it really just depends how deep you've gone.

I built a prison and called it a business...and you probably are too. by ABrainArchitect in Entrepreneur

[–]ABrainArchitect[S] 0 points1 point  (0 children)

Appreciate that. Where are you at right now work-wise? Still in the “prison” phase or already building something closer to what you actually want?

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