But a 5xer will quickly promoted to principal level (L6) within a decade of entering their industry if they hop around a couple of times.
L6s usually make 2.5x of what their peers make. So the conventional process really isn't that bad.
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Honestly, if you can consistently produce 5x and provide good estimates, then you should be consultant / contract hire for mid-tier companies. You will make a lot more money and have a lot more agency over your own life.
Finding clients is a hustle, but so is holding 3 jobs at the same time. So, pick your poison.
The way I see it is that I can come in to a fresh role on that 2.5x peer rate by performing a solid interview at architect/principal level. I then do this for multiple roles concurrently then I'm on 7.5x my peers. Which is actually a pretty good estimate to what I know I'm making in relation to others. I also find the principal/architect roles are sometimes less hands on and you're being paid for knowledge and advice, so it actually makes it less of a burden to product high output.
It really depends if you view employment as "they are paying you for 40 hours per week" or "they are paying you for a specified output, good for you if you can get it done faster!"
[1] https://workplace.stackexchange.com/questions/93696/is-it-un...
We've already got a wage spread that more than covers 5x with most folks fresh out of college looking at 50k/annual if they're outside of SV and some devs within SV making 500k or more.
Let's say someone gets 5x the person next to them done. Very few companies will pay them 5x. Maybe double...
But if they can manage their time well enough to get X done in some fraction of the time, they could realistically do two or three full time jobs worth of "normal" work, and increase their pay - and income security - over having just one job. This doesn't work when you have to be in person all day, but remote?