Entrepreneurs don’t have a gene for risk – they come from families with money

Re:Entrepreneurs don’t have a gene for risk – they come from... by logfromblammo on Tuesday September 01, 2015 @11:35AM (#10153066)

You can consistently get $100k in Silicon Valley, New York City, and Washington DC Metro, although you will need Top Secret security clearance for the latter.

It should come as no surprise that the expenses in those areas are much higher. If you settle for a lower salary in an area with lower living expenses, your effective savings rate could be higher.

Also, you don't want those DC jobs. Just say no. The military industrial complex is a soul-eating machine, and it does not respect software professionals.

The problem is that other places have fewer available jobs in the field, and a greater proportion of them are extremely unglamorous. $90k maintaining a stupid, business-line CRUD app may be less attractive than $80k making custom software for medical researchers.

[ Parent | on HN ]

Re:Entrepreneurs don’t have a gene for risk – they come from... by bicknergseng on Tuesday September 01, 2015 @02:40PM (#10154712)

Good luck saving half your income, even at $100k, in any of those places. Median rent alone in SF is way over half of that in a year... BEFORE taxes.

[ Parent | on HN ]

Re:Entrepreneurs don’t have a gene for risk – they come from... by aianus on Tuesday September 01, 2015 @03:16PM (#10154972)

I saved over 80% of my take-home pay when I lived in SF. The rent is expensive, yes, but everything else is cheap and at most jobs you get free food and entertainment.

[ Parent | on HN ]

Re:Entrepreneurs don’t have a gene for risk – they come from... by nostrebored on Tuesday September 01, 2015 @02:42PM (#10154724)

Don't forget Seattle. Amazon/Microsoft/Expedia/etc.

[ Parent | on HN ]