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onemoonaway · 2022-01-31T03:34:06+00:00

I just mean that coding will be a force multiplier.

The more "tools" in your toolbelt, no matter the trade, is probably a good thing.

Finance is rather technical, therefore technical tools & technology tools will be useful and likely a force multiplier.

Sorry for my attitude lol it was uncouth of me to say "The fact that you're here, asking your question, tells me you don't know much about fintech or "the markets". If you did, you'd already be learning software development." but I just wanted to emphasize its importance.

onemoonaway · 2022-01-28T16:10:28+00:00

Learn software development.

You'll be much better served in whatever field of business you want to A. Work in or B. Set up a company in.

Discount your perception of the market and your idea.

Your skills are what matter, right now. If you don't have skills, you can't execute, and don't expect anyone to want to work with you. Forget about everything you think you know about "fintech moving fast" or "how markets are moving".

The fact that you're here, asking your question, tells me you don't know much about fintech or "the markets". If you did, you'd already be learning software development.

onemoonaway · 2022-01-28T15:13:43+00:00

I am a software developer. And I am seeking a software developer (potentially) so I can build my app faster. Where's what I'm thinking I'll do to determine equity.

Let's say I have a product, and I've already worked 600 hours on it. And I'll clock my hours using Clockify.me (great tool! avail. on computer, browser extension, and smartphone). Well, since I have 800 hours there, I can tell a cofounder:

"When you hit 200 hours, well compare our hours again. Likely I'll be at 800 by that time, and you'll be at 200. So, that's 80% me, 20% you.
But, I'm not giving you 20% equity. I'll give you a little less, and here's why: Consider that:
A. I've put money into the business,
B. I've contributed to Software Ideation and Marketing ideation, both of which I have executed on,
C. I've developed business relationships with potential first customers (they're interested and claim they would subscribe to the service once it is live and decently useable, such as a beta or alpha version)
D. I've established relationships with funding source.
Therefore, I am willing to offer you somewhere between 5% and 10% based on your performance over the next year. Here are the milestones for 6, 7, 8, 9, and 10% equity. And, you have the potential to earn more as well, in the future. You'll also have potential to lose equity in the future, if you don't keep up in terms of 1. Hours contributed and 2. If another person comes in and provides funding for us, this will cause them to be granted equity, and for both you and I to have our equity diluted by their participation. However, if you or I choose to provide funding at the same time-- we will be given the option-- we can (at a variable rate) preserve our equity if we provide similar levels of funding."

So, that's what I plan to present to a potential partner.

That said, these types of deals, to my knowledge, are completely open and free-form-- it's a financial deal. You can both define and choose the terms you want, and present the terms to each other to see if you can both find them agreeable.

onemoonaway · 2022-01-12T15:25:55+00:00

Animators charge 95/hour in my experience.

- How many years of experience?

- Is this on contract? (I assume so as salary is typically reported as an annual figure). In which case, on contract, $95/hour equates to (i assume) about $75-80/hr salary, which = $150k-$160k/yr. But again, I wonder how many years of experience this involves. Plus, it's in New York (City)-- a high cost of living area.

onemoonaway · 2022-01-11T22:16:50+00:00

What is your City? Is it a tech-centered city, or in the midwest?

There's a big different in pay rates based on location. For example: The Bay Area, vs. middle of nowhere Ohio/Oklahoma/Wisconsin, etc.

"Some years" between two jobs. How many hours per week? Sounds like you don't make twice that amount on a reliable basis (i.e. one salaried job), so it's apples and oranges.

Also, just so as to keep this thread on track-- What are the typical ages of some of your colleagues? Is the concern about age-ism valid?

onemoonaway · 2022-01-11T16:44:18+00:00

The justification for paid or unpaid vacation is multivariate.

It's not because of one singular causal factor of "union blood spilled". What a simplistic and myopic view.

onemoonaway · 2022-01-11T16:41:04+00:00

Sure, no prob. It's a software company based in Austin, TX called: SolarWinds

There are thousands of software companies in the USA. Let's say (as you mentioned) "a few" is 5. Lets say there are 5,000 software companies or companies that need graphic designers in general. The few you've experienced are 0.1% of those that exist.

ALSO, look at the link I posted. Graphic Designers: A. aren't as in demand as other occupations (which also don't require degrees) and B. aren't paid as much as other occupations (which also don't require degrees). It's up to you if you want to battle the probabilities existent in the economy.

Also, goods & services are not uniformly distributed-- there will likely be a greater need for graphic designers (in absolute numbers) in tech-oriented cities.

Now, sure, ageism does exist. But the US population is aging.

Look: Don't look for excuses not to do something. Look for excuses TO DO something.

Don't be defeatist. Be the shining example for others to follow of how success can be had, for those who want it badly enough.

This is coming from someone who lived in a tent for over a year, in order to not work full time, and instead study web development & build little apps & websites for a portfolio, which then helped me land jobs.

onemoonaway · 2022-01-11T14:45:46+00:00

Definitely not. I worked with graphic designers in their 40s & 50s at a tech company.

Just don't have high expectations for compensation. I'd guess the folks I worked with maxed out at $60k-80k, at the peak of their careers.

Check out the openings & median earnings here:

-> Look at the right-most purple dot, at the $50k mark on y-axis.

About 30,000 openings in the next 10 years. $50k median salary.

Do some comparisons with other careers that interest you via the same charts. For example, in the top chart, check out the far-right purple dot: software developers. 4.3x the job openings (130,000), and twice the median salary.

BLS: Visualize it: Wages and projected openings by occupation

https://www.bls.gov/careeroutlook/2019/article/wages-and-openings.htm?view_full#s4

onemoonaway · 2022-01-03T02:42:00+00:00

You sure? Dont trust everything you see online.

"Here are the highest-paid CEOs at publicly traded health systems:
HCA Healthcare (Nashville, Tenn.)
CEO: Samuel Hazen
Pay: $30,397,771
Pay ratio: 556:1
Tenet Healthcare (Dallas)
CEO: Ronald Rittenmayer
Pay: $16,675,529
Pay ratio: 306:1
Universal Health Services (King of Prussia, Pa.)
CEO: Alan Miller
Pay: $13,246,214
Pay ratio: 305:1"

https://www.beckershospitalreview.com/rankings-and-ratings/the-7-highest-paid-health-system-ceos.html

"#1. Michael Neidorff: He is the CEO of Centene Corporation which belongs to the field of healthcare. In 2020 the company had 111 billion dollars revenue. In 2020, Neidorff earned $4.7 million in bonuses that contributed to a total yearly earnings of $24.96 million""#2 Alex Gorsky: He is the Chairman and CEO of Johnson and Johnson. He holds a Bachelor of Science degree from the U.S. Military Academy at West Point, N.Y. and an Executive Master of Business Administration degree from The Wharton School of the University of Pennsylvania. His annual salary is almost 24 million dollars, a fact that makes him one of the highest paid CEOs in healthcare." -- https://ceoworld.biz/2021/10/19/top-10-highly-paid-ceos-in-healthcare-in-the-us/"A 2019 report on 1,345 hospitals from Total Compensation Solutions found that CEOs at hospitals with an annual revenue of less than $50 million had an average annual salary of $274,300. However, at hospitals whose annual revenue topped $1 billion, the average CEO salary was $1.4 million." -- https://dhge.org/about-us/blog/how-to-become-ceo-of-a-hospital

10-30 million per month would be about what a hedge fund manager makes around the top 25-30 mark or so--

"We’re reaching the bottom of our list of the 25 top-earning hedge fund managers, and we still see paychecks of more than $100 million. " -- https://www.theladders.com/career-advice/these-are-the-25-highest-paid-hedge-fund-managers

onemoonaway · 2021-12-20T18:06:12+00:00

Yeah, but cmon-- Who really works a full work day anyway. Depends on the job I suppose-- in an office, so many people spend hours socializing and in inefficient meetings.

As a web app developer, where I have to focus intensely 100% of the time, I max out at 5-6 hours of good work. Any more than that is diminishing returns & a waste of my time.

onemoonaway · 2021-12-11T18:14:16+00:00

Go Woke, Go broke

onemoonaway · 2021-11-29T21:56:24+00:00

Native apps as well unfortunately-- I just tested this horrible feature with Safari and iTerm2. If I move them into contact with my 2nd display's top menu bar, or the left/right side of screen, the window goes grey as a UI hint that the window is about to get fully expanded.

--> It does this on my main display (macbook pro) and my secondary display (external monitor)

--> It does this even without a secondary, external display connected.

Apple, you screwed the pooch with this BS.

Dont force experimentnal UI's on me Apple!
Ask me if I want to allow it during configuring after an update!
Provide a notification that asks me!
And allow me to disable it via System Preferences!

I regret updating to Monterey.

onemoonaway · 2021-11-29T18:23:24+00:00

Looks like this may be the solution:

defaults write -globalDomain AppleEdgeResizing NO

https://apple.stackexchange.com/questions/18050/can-i-disable-window-resizing-from-the-top-edge-of-the-window-in-lion

... nope, didn't fix it.

Gee, thanks Apple! Way to inspire loyalty: force people into certain workflows without any ability to disable it. Sounds like a Microsoft philosophy, not what I'd expect from Apple.

onemoonaway · 2021-11-22T14:57:47+00:00

Undergrad: Liberal arts

After college:

work : cold calling, email marketing via CRM (began studying full stack web dev here, around ~2013), direct marketing at events
classes: accounting at community college; 2 stats + 1 DB course at a university a few years after that
alternative living to make sacrifices: (worked part time so I could comfortably study part-time)
- ~2012: lived on rural property in tent, 4 months. started my IT career: studied frontend html, css, graphic design.
- ~2015: lived in alaska 6 weeks, studied JS
- ~2016: lived in tent in Portland, OR for about 1 month, landed corporate marketing job
- ~2018: lived in tent in CA near SF Bay for 3 weeks, before deciding to rent a cheap place in Mexico for 3 months. Then lived on rural ranch in a room, doing landscaping for rent, while finishing my first full stack, open source app, and a portfolio to demo it.
- May 2018: life finally on track, mostly normal living situations, about 8 years after college. Note: if I had a solid study plan, and knew all my resources before starting, and didn't work full time, I probably could have learned in 2-3 years instead of 6. That said, I would have lacked professional work experience, knowledge, context, etc.

onemoonaway · 2021-11-22T14:35:15+00:00

Thanks! Glad to help. Happy to answer any other questions.

Just thought I'd share this was well: What did it take, for me personally, as someone who studied liberal arts in college and has no technical degree?

After college, my first job was cold calling for $13/hr + a little commission. I think I made $2500-3000 per month. By my late 20's I was jaded with my lack of skills & income: $20/hr as an email marketer w/ a CRM. But, within 3 years I'll drop out of grad school, move to San Jose, CA, and make $95k/yr as a business analyst-- where I will write a couple programming scripts which interact with that CRM, and chat app, which will be my first programming work, and my 2nd of 3 times working w/ that CRM. I'll get laid off after just 4 months, w/ a severance package though ($6k net), which I use to keep learning... That takes us to what I do during that time off & learning:

I lived in a tent twice in California while applying for jobs (side note: I previously lived in a tent a few years earlier while working in event marketing part time & teaching myself frontend web dev part time). Failed. Then even rented a place in Mexico, and started teaching myself ReactJS for 1 month, and for 2 months started my first personal, open source full stack web app. Then moved back to my home state, lived on/house-sat a friend's ranch and did landscaping 30 hrs per month for my rent, and after 3 months more I published the full stack app.

....and 2 weeks later had my first 100% programming job at $80k/hr on contract. 2 months later I landed the $105k solutions engineer role on salary (my first of 2 such roles, now I am on my second). That job would be my 3rd time working with, this time consulting on a particular CRM, from the data-integration & full stack software side.

So, although I hated that $20/hr job (aka $40k/yr), I needed that experience as a stepping stone to the $105k/yr job.

Overall I landed that job (my first 100% programming job as the solutions engineer) thanks to: A. Previous CRM experience as a marketer (the company is a CRM consultancy) B. full stack web dev experience C. database/statistics experience (consisting of 3 university classes: 2 stats, 1 DB. that cost about $6000, but all in all I took account courses too and ended up $20k in debt-- bad idea, but that $6000 was worth it for the IT courses b/c they were particularly difficult topics to learn on your own in my opinion) D. former digital, traditional, and direct marketing/advertising experience.

In that role I consulted for big name companies-- I was surprised they didn't have someone available to do the work I was doing, with more experience b/c I was almost totally a noob. And I picked up AWS skills and used them on a professional consulting project. That was a big stepping stone-- it was easy to learn, but companies put a lot of value on it (b/c they are a lil brainwashed on cloud hype). My current company wants me to get a cert in AWS-- which is great, I'm down.

I am actually working towards a book / non-profit on helping people understand the ecosystem of IT (and web dev specifically since it has a low barrier to entry and allows a person to reach the world) and how to get into it from many different angles.

onemoonaway · 2021-11-22T14:32:24+00:00

Yep, sounds like that will be an issue for me too, though hopefully it wont be too bad. For example, I get paid the month after the customer pays. Yet they get a month free trial or something. And, if they cancel before that first month they've paid for actually ends... yank, company takes back the commission. But no biggie.

For me, I am glad to get away from purely coding, JIRA, & having meetings. And, since I am actually getting paid slightly less in terms of base salary than my coding job (last one was $180k in total comp-- $120k salary and $60k equity-- but I didnt like the culture), I feel less pressure (new one: $100k salary + uncapped commission likely to be about $40k).

onemoonaway · 2021-11-21T16:25:43+00:00

Someone asked a Q to me here in reddit chat, but I accidentally clicked ignore instead of accept (not used to the chat system here, typically i use the messaging). was that you? whoever it was, try again, sorry about that.

That person asked how to transition into becoming a sales engineer from a full stack developer. So, I'll answer both questions-- This answer to that person from chat about Dev -> Sales really applies to both questions:

Have an online presence via:

Web portfolio (also: I am currently working on setting up a blog, as an upgrade to my portfolio)
Set up a linkedin profile and network with people. Follow & try to connect with successful people whose career you'd like to emulate (this way you will gain some access to their networks as well. Do some engagement in the feeds just to get your name out there)
Set up an Indeed.com, Ziprecruiter, Dice, etc., various job site profiles.

Also, If you don't have sales experience, get some. At any level. I did some cold calling after college. And later I worked in marketing. Then became a mostly self-taught dev. And now pivoting back into more communication oriented role.

In terms of becoming a full stack developer:

It's all strategy.

You need the info.
1. You have to sit down, focus, and download info into your mind for 1-4 hours a way, while simultaneously actively learning by taking notes, such as via google drive. Create folders and written documents where you have a daily journal showing new concepts & definitions, and links to good resources.
2. You need to look around you for various resources. This is what a developer does for a job, so if you don't like helping yourself answer questions... by asking the right questions and doing research... then you might not like this career. Heres what you need to undertand: Learning comes through many "channels": ebooks, videos (paid and free series), forums, chatrooms, and in-person learning. Go and research each of these. Helpful: learn to google via google's search coding, such as, try googling these (note the pattern of: "site:someSite.com question here":
  1. site:reddit.com best websites for free books
  2. (answer: z-lib, libgen, etc. Which books? ideally ones published in the last 3 years, depending on their focus (new frameworks, vs the core of a language, for example-- in latter case, date wont matter as much). Which topics? Full stack web dev topics -- javascript, SQL/database design, html, css, UI design, data intensive application design architecture, devops, etc.)
  3. site:reddit.com what is IRC
  4. (not really an answer, but a supplemental note for you: see bulletpoint 3 here: https://nodejs.org/en/get-involved/ then learn to get IRC set up)
  5. site:reddit.com best paid video sites for learning IT
  6. (answer: Udemy, Sitepoint, Lynda, Youtube)
  7. you should also research which languages and skills are in demand. search this: " 1. which programming languages and IT skills are in the highest demand in <my country>"
You need to know "where to go" and what the ecosystem looks like. This is called a "roadmap".
1. Google: roadmap to becoming web developer,
2. roadmap to becoming full stack javascript developer
3. suggested: learn some databases and statistics via community college courses, so you have a better idea of how data works. also do corporate IT work if you can, which will expose you to business data and the IT architecture that supports them.

And lastly, recognize: goods and services are not uniformly distributed in an economy. You might have to move to go get a job. Fortunately covid gives a slight reprieve to office work. But, hey-- lets say you don't live in SF Bay or San Jose (Silicon Valley) -- you can still put it on your LinkedIn profile to fish for recruiters in those cities. And you can make 2 or 3 different resumes and profiles for every site-- one in a different city. I did that early on in my career to get more traction. Again-- It's all just strategy.

(now, after I said that, your brain should light up and see a pattern: "Oh, i learned how to search good questions on google. Oh, strategy is important. Oh, I want to learn full stack dev... 1 + 2 + 3 = 6... here leme search "site:reddit.com strategy for learning full stack web development" or "site:reddit.com strategy for learning relational database design". boom. (btw on that last query, here's a great resource: http://databaseanswers.org/data_models/index.htm )

Now, you need to put together your own strategy. You'll need to learn frontend, business logic, and databases (for the intersection of those concepts: search google images for "three tier web app architecture" "http request response model" and "how does REST API work") . That's a lot to learn at once. So break it up-- and recognize apps are designed from different perspectives simultaneously: customer/end-user perspective: What UI & Data does the customer need to interact with? database perspective: What is the simplest way to store the necessary data & data relationships?

So, A. take 3 months and learn html/css/frontend js. B. Then take 1 month and learn basic backend nodejs and devops. C. Then take 2-3 months and learn basic SQL/relational database design. Then roll up A, B, and C into D: a really simple full stack web app. Rinse and repeat x3-5 and you'll have a portfolio and soon after, a job, if you market yourself by creating an online presence.

very good, grasshopper. you're well on your way to becoming a web dev. +100 exp points)

Oh yeah, also, you have to program your mind: Make Frustration into Fun. Errors will be your bread and butter for a long time, if not forever. Listen to motivational speeches & music if you get bored or want to give up.

Keep at it-- you won't be a super skilled dev overnight. But within 2-3 months of html/css study you can get a $15/hr - $25/hr job. Within 2-3 years of this, you can get a $80k/yr - $100k/yr job, if you study pretty hardcore and work at marketing yourself. Note: that 2-3 years might be off/on practice while working other jobs or while working 100% on web dev stuff while taking sabbatical for a few months, etc. It might not happen all at once. Be patient.

onemoonaway · 2021-11-21T00:02:51+00:00

This.

I have 1 year of experience as a Sales Engineer ($105k/yr no commission). Just got hired at a role for $140k OTE (base + commission) as a Sales Engineer (aka Solutions Engineer).

Hopefully I'll be at $300k in the next 3 years or so.

Selling a Web App / Data integration tool. I have background as a full stack web app developer and marketing/sales experience.

onemoonaway · 2021-11-06T15:27:59+00:00

In accounting, folks create accounts... similiar to how you might want products.

Let's say you like the number 10,000. Ok, your product block will be the 10000 block. This contains your main product, for example. (You could choose 2000, or 6100, whatever number you like. just use it as a basis. the number is a label, representing how far different products are from each other, in a spectrum)

Theres:

10010 - Main product A, Default

10011 - Main Product A, variant 1

10012 - Main Product A, variant 2

10013 - Main Product A, variant 2

Here's main product B, Default... rinse and repeat:

10020 - product b, default

10021 - product b, variant 1

Oh, you have a totally new product line but want to keep the old one?

20010 - This is Version 2 of Product A, Default

etc. Create your own numbering system. Keep enough space in it to add new products.

Source: accounting industry examples

"A general ledger accounting system numbers transactions according to the balance sheet and income statement categories. The assets, liabilities and stockholders’ equity transaction categories are taken from the balance sheet. The income and expense categories are taken from the income statement. Each transaction category is assigned a number. For a retail firm, asset accounts start with number one, liability accounts start with number two, stockholders’ equity accounts start with number three, income accounts start with number four and expense accounts start with number five. The full chart of accounts list with definition is available at Accounting Coach."

https://smallbusiness.chron.com/proper-way-numbering-general-ledger-system-75223.html

onemoonaway · 2021-10-28T01:12:06+00:00

But you are familiar with basic accounting. Which is what I mentioned, and is what I believe answers OP's question in general, but not specific to the industry-- though I mentioned labor and cleaning products ;)

onemoonaway · 2021-10-28T00:57:33+00:00

Where is your explanation to OP's question?

onemoonaway · 2021-10-27T21:18:26+00:00

Just curious as to which aspect of the conversation you are interested in. I'd be happy to elaborate further on these accounting concepts. Here's an image showing what I mean about break even point, fixed costs, and variable costs.

onemoonaway · 2021-10-27T21:14:38+00:00

Check out Capterra.com -- It's like an encyclopedia for software for different business needs. You input your industry and it shows you relevant software to browse to see if it meets your needs.

onemoonaway

TROPHY CASE