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I’ve moved up quickly in my career and make around $175K at 33. I’m the youngest person at my level; most of my same-level peers are in their 50s+.
I like my job, but the thought of just staying at the same level and the same salary (plus inflation adjustments) for the next 30+ years just seems boring and like I could do more. The only place to go in my current org is into c-suite (which I might be able to do, but there are a bunch of other issues there). I could find another org to work at but not sure there is much growth there either. I feel like I peaked too early... Anyway, anyone my elder who has been there done that who has advice for me? |
| I started a business, and do $1mln+ per year now. Most of my friends in their 40s who have a high HHI are the same way -- entrepreneurs. |
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1998: $56,000
21: $61,000 22: $66,000 23: $66,000 24: $90,000 25: $93,000 26: $240,000 27: $240,000 28: $105,000 29: $0 30: $140,000 31: $160,000 32: $190,000 33: $210,000 34: $215,000 35: $230,000 36: $275,000 37: $400,000 38: $400,000 39: Likely substantially higher The key is simple: New Jobs are made in moments of intense leverage. When that opportunity comes up, leverage, leverage, leverage. When you think you’ve plateaued, listen to your gut, and pound pavement. |
Other than a humble brag, this doesn’t achieve anything. What a fluff post which says nothing. What did you do or do now...what do you mean by leverage (can explain in a couple of lines, no need to give your secrets away). if you are at all trying to be the least bit helpful to OP and others. Not, I guess. |
Short and sweet and OP, not very hard to guess. |
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30-34: $150k
35: 160k 36-37: 170k 38: 230k - New job at same company |
My guess is they mean they switched to new jobs that didn't exist before. For exmple, search engine optimization was new a few years ago; now data scientist is fairly new, etc. Hell, there's even people who consult in setting up online dating profiles, though I don't think the pay is very good. |
| entrepreneur. been well into the seven figures for many years. |
Would you mind sharing what type of business? |
Most of my friends like this are connected tech/IT. |
and plenty of time to surf DCUM apparently |
| If you have moved up quickly in your career within one organization and don't see a lot of upside then it's time to move on and leverage your credentials. Within the corporate world moving every 5-6 years is very normal until you get into the c-suite. A salary increase of 25-30% is a good target but be prepared to relocate. |
| I was making about $125,000 when I was 38 but that was 25 years ago so I was doing very well but frustrated because the jobs I saw above me were jobs I did not want. I quit and did some consulting....with no loss in income....but it gave me the time to figure out what I really wanted to do. A little over two years later I was hired by a private equity firm to be the #2 person at a company they had just acquired and that turned into a series of PE leveraged buy out deals where I made a lot of money thanks to equity. Unless you get to the top of a big size company it is difficult to create a lot of wealth. The route I took was not as entrepreneurial as starting one's own business but it was off the beaten path. |
Good grief! Who keeps a record of this or has easy access to tax records? I remember my starting salary and what I make now and that's about it. |
congrats on.. forgetting stuff.. I guess? |