Earning Big Money

_Brian · 30-01-2016 12:32AM

I spent 13 years in a company and worked my way up to ~€850 net.

By that stage I was a physical and mental wreck. Taking stuff To sleep and then stuff to stay awake. Having to sleep in the car for an hour on the way home from work as my body would crash.

First chance I got I jacked it in and I'm now working at a job that pays substantially less. But I have a great home life and spend time with my two kids. Yes sometimes I miss the extra disposable income, but there's more to life than money.

_Kaiser_ · 30-01-2016 12:33AM

I read something recently along the lines of the completely unrealistic expectations the current generation of graduates have as a result of living in a society that tells them that they ARE special and can be anything they want to be, because they're ENTITLED to that - this thread apparently proves the theory right.

Contrast to my generation who grew up in the 70s and 80s and the harder times our parents endured and the effects it had on us - teaching us that progress was earned through hard work and sacrifice.. which is exactly how the current "big bucks" people the OP is talking about got it in the first place.

OP, unless you happen to have a relative in a senior position in a small company somewhere (and want to be known as the fella who's only where he is because of his Daddy/Mammy/Uncle/Whatever) then the advice you've been given above is the way to go... start somewhere, put in the effort and hours to get noticed, and that's how you'll progress........ but it certainly won't happen overnight if that's what you're thinking.

Stheno · 30-01-2016 12:34AM

tobsey wrote: »

You'd fit the first group in a taxi. No surprise they're getting those rates.

Agreed, but that's the field I work in, and I constantly have recruitment agents on the phone to me when they have such roles.

I've a long notice period in my current job which excludes me from taking them on, but they (recruitment agents) complain bitterly about lack of resources being available. And whinge and moan about needing resources now when people are on notice periods

That said they are getting massive commissions.

jimgoose · 30-01-2016 12:39AM

Stheno wrote: »

At that level you are talking about guys with no just skills but massive experience. They have the ability to get on site and within week be more up to speed than staff there for months.

That's the value they bring.

Ah yes, the legendary big marine named Camouflage.

Stheno · 30-01-2016 12:39AM

_Kaiser_ wrote: »

I read something recently along the lines of the completely unrealistic expectations the current generation of graduates have as a result of living in a society that tells them that they ARE special and can be anything they want to be, because they're ENTITLED to that - this thread apparently proves the theory right.

Contrast to my generation who grew up in the 70s and 80s and the harder times our parents endured and the effects it had on us - teaching us that progress was earned through hard work and sacrifice.. which is exactly how the current "big bucks" people the OP is talking about got it in the first place.

OP, unless you happen to have a relative in a senior position in a small company somewhere (and want to be known as the fella who's only where he is because of his Daddy/Mammy/Uncle/Whatever) then the advice you've been given above is the way to go... start somewhere, put in the effort and hours to get noticed, and that's how you'll progress........ but it certainly won't happen overnight if that's what you're thinking.

I find the same with my partners son, he graduated having taken six years to get a four year degree, and less than a year into his job is complaining that it's boring and he wants to move to be paid more.

Silverbling · 30-01-2016 12:40AM

Stheno wrote: »

At that level you are talking about guys with no just skills but massive experience. They have the ability to get on site and within week be more up to speed than staff there for months.

That's the value they bring.

It was tongue in cheek, no one earns the big money without years of hard work, huge amounts of experience or these days qualifications, I am 50 and very good at what I do, the business is ahead of plan but I have no qualifications as I left school at 15 so I am doing a degree to get the bit of paper that proves I can do what I do

One business has led to another, I need the piece of paper to bring the 2 together to earn the much bigger money from the 2nd as it is in a sector where degrees count but I have learnt it through my main business by experience and learning the hard way by making mistakes and fixing them

OP do you want to do a free internship with me

Stheno · 30-01-2016 12:45AM

Silverbling wrote: »

It was tongue in cheek, no one earns the big money without years of hard work, huge amounts of experience or these days qualifications, )

I find that in IT it's worse (that's my field)

I currently have five exams/qualifications that I'm being expected to undertake asap due to market demands, however I'm completing a Masters as I don't have a degree, so they have taken a back burner to that.

Since 2011 I have done a total of 20 different exams/qualifications to keep up to date in my field. And I'm not quite at that level worth those huge rates!

A lot of people would find that daunting.

phildenny · 30-01-2016 12:49AM

liam650 wrote: »

taught id get more than an extra 50 a week on top of dole or doing shift work in dunnes

You might want to read back over that sentence before you go looking for work.

Permabear · 30-01-2016 12:50AM

This post has been deleted.

Silverbling · 30-01-2016 12:51AM

I am ecommerce and all things related, social media, analytics, seo, new toys to bring in more sales, I have my google certs and just "get it"

I beta tested the software before it was launched and as I use it on a daily basis I can spot bugs and glitches which are fixed by the developer before anyone knows there was a problem

All of the ecommerce sites I build take decent money but as I am self taught I need that bit of paper to prove I can do it to get the big money contracts

Since 2011 I have done a total of 20 different exams/qualifications to keep up to date in my field. And I'm not quite at that level worth those huge rates!

That is a lot of exams!

TitianGerm · 30-01-2016 12:52AM

endacl wrote: »

Get qualified in something you can charge 70-80 an hour for. Do a 15-20 hour week. Work for yourself.

Done.

20 hours a week @ €80 p/h will earn you €42,400 approx after tax, prsi, and usc have been paid in your income tax calculation at the end of the year.

Stheno · 30-01-2016 12:55AM

Silverbling wrote: »

That is a lot of exams!

It is

However I am blessed with a close to photographic memory, and have no fear of exams so it wasn't a big deal to me. Completing the dissertation for my masters is a far harder task.

When I finish that, I've three exams which must be done within two weeks!

quadrifoglio verde · 30-01-2016 12:56AM

Become a property developer
Bankruptcy has reduced to 1 year now in Ireland
The risks of owning your own company have got exceptionally smaller in the last 7 years.

_Kaiser_ · 30-01-2016 12:56AM

Stheno wrote: »

I find that in IT it's worse (that's my field)

I currently have five exams/qualifications that I'm being expected to undertake asap due to market demands, however I'm completing a Masters as I don't have a degree, so they have taken a back burner to that.

Since 2011 I have done a total of 20 different exams/qualifications to keep up to date in my field.

A lot of people would find that daunting.

As someone who started on the phones in a callcentre myself and worked up into 2nd level, then deskside, then server admin I found I reach a crossroads after about 7/8 years.

Did I stay in the technical side of things (which I enjoyed but was getting a little tired of crawling around comms rooms too) and put massive time and money into updating my skills each year on top of a job that was already far from 9-5 at that stage.. and all so I'd be able to compete with graduates willing and able to do the job for 50% less.

Instead I went with option B - management. My role already involved some of these duties anyway - PM, team lead, helpdesk admin - so I focussed on that and discovered that actually I was pretty good at team and then department management

These days I manage a global team of Deskside agents, as well as infrastructure, procurement, projects and pretty much anything else with an "IT" label.. and yes it comes with a nice (but could always be nicer!) salary, flexible hours and work from home rights.. but it took me the best part of 15 years to get to this stage and my day starts at 8am and rarely finishes before 8pm (the sacrifices I mentioned earlier).

Still, for me it's worth it as I enjoy what I do, have a good team (which makes my job a lot easier) and still have technical elements to keep me "fresh"

(Now all I need is the same thing in the south of the country and I'd be set

)

Silverbling · 30-01-2016 12:57AM

Stheno wrote: »

It is

However I am blessed with a close to photographic memory, and have no fear of exams so it wasn't a big deal to me. Completing the dissertation for my masters is a far harder task.

When I finish that, I've three exams which must be done within two weeks!

Best of luck with them, hard work deserves rewards

Stheno · 30-01-2016 12:59AM

_Kaiser_ wrote: »

As someone who started on the phones in a callcentre myself and worked up into 2nd level, then deskside, then server admin I found I reach a crossroads after about 7/8 years.

Did I stay in the technical side of things (which I enjoyed but was getting a little tired of crawling around comms rooms too) and put massive time and money into updating my skills each year on top of a job that was already far from 9-5 at that stage.. and all so I'd be able to compete with graduates willing and able to do the job for 50% less.

Instead I went with option B - management. My role already involved some of these duties anyway - PM, team lead, helpdesk admin - so I focussed on that and discovered that actually I was pretty good at team and then department management

These days I manage a global team of Deskside agents, as well as infrastructure, procurement, projects and pretty much anything else with an "IT" label.. and yes it comes with a nice (but could always be nicer!) salary, flexible hours and work from home rights.. but it took me the best part of 15 years to get to this stage and my day starts at 8am and rarely finishes before 8pm (the sacrifices I mentioned earlier).

Still, for me it's worth it as I enjoy what I do, have a good team (which makes my job a lot easier) and still have technical elements to keep me "fresh"

(Now all I need is the same thing in the south of the country and I'd be set )

I went from call centre to consulting over a nine year span and like you earn a nice salary, but I travel a lot and work late most days.

The earn a lot and work 9-5 mentality is well and truly gone imo.

deathtocaptcha · 30-01-2016 01:00AM

In short you need to be your own boss to have a glass ceiling in terms of earning potential. That's the quickest way.

If you're the type of person who asks people how to make big money for as little work as possible, you're considered a wantrepreneur.

Silverbling · 30-01-2016 01:00AM

quadrifoglio verde wrote: »

Become a property developer
Bankruptcy has reduced to 1 year now in Ireland
The risks of owning your own company have got exceptionally smaller in the last 7 years.

Only if you are a millionaire, for the rest of us it can bring other problems, it is a massive gamble, the self employed are still in the middle of somewhere the government have not figured out yet, we are not prsi and not unemployed

jimmycrackcorm · 30-01-2016 01:05AM

Stheno wrote:

I find that in IT it's worse (that's my field)

Stheno wrote:

I currently have five exams/qualifications that I'm being expected to undertake asap due to market demands, however I'm completing a Masters as I don't have a degree, so they have taken a back burner to that.

Stheno wrote:

Since 2011 I have done a total of 20 different exams/qualifications to keep up to date in my field. And I'm not quite at that level worth those huge rates!

In IT, qualifications matter little. The fundamental reason is that technology is moving faster than exam courses can be developed.

Put another way, Steve Jobs, Bill Gates, Mark Zukerberg all share being massively rich from IT yet dropping out of college.

Permabear · 30-01-2016 01:06AM

This post has been deleted.

Silverbling · 30-01-2016 01:07AM

jimmycrackcorm wrote: »

In IT, qualifications matter little. The fundamental reason is that technology is moving faster than exam courses can be developed.

Put another way, Steve Jobs, Bill Gates, Mark Zukerberg all share being massively rich from IT yet dropping out of college.

But they all own their own companies so the staff are the ones taking the exams and moving the company forward

Stheno · 30-01-2016 01:07AM

jimmycrackcorm wrote: »

In IT, qualifications matter little. The fundamental reason is that technology is moving faster than exam courses can be developed.

Put another way, Steve Jobs, Bill Gates, Mark Zukerberg all share being massively rich from IT yet dropping out of college.

Devops is a great example of that alright, but my field includes a heavy bias on qualifications, a lot of which are time bound and expire and as a consultant I'm required to keep them up to date!

_Kaiser_ · 30-01-2016 01:11AM

Stheno wrote: »

I went from call centre to consulting over a nine year span and like you earn a nice salary, but I travel a lot and work late most days.

The earn a lot and work 9-5 mentality is well and truly gone imo.

Completely... even when you're "off" you're not really.. or maybe that's just me

But another factor for me in the move away from the more hands-on aspects was the need to develop more of a work/life balance as I'd frequently get home around 7/8 and then spend another hour or two replying to mails and patching/rebooting servers.. my girlfriend of the time was NOT impressed! She felt like she saw a DELL logo more than me some nights.

But as I saw it it was my responsibility and while I wasn't being paid for those extra hours as such, it had to be done and so I did it.. and it's worked for me so far.

These days my current role helps more with the work/life thing as although I still keep an eye on things out of the office, the flexible hours/WFH makes things easier for me to have more time with my little fella

But that's a whole other topic... since he came along he's had a huge impact on Daddy's desire to progress and achieve.. not just me to think of anymore after all

Stheno · 30-01-2016 01:23AM

_Kaiser_ wrote: »

Completely... even when you're "off" you're not really.. or maybe that's just me

Not in my experience!

Silverbling · 30-01-2016 01:31AM

They grow up, and fast and get a lot more expensive! because I am trying to get a business off the ground, my 10 year old wants to be a programmer and has won a couple of awards for it, I pay her €5 a month to do my pinterest and schedule my twitter posts, now that she can use spell check she is being allowed into the admin of my website and is very good at it, bless her she thinks it is fun

My 16 year old son does my webmaster tools and has decided to go the educational route to pharmacy, he has never had IT at school but my daughter has been learning scratch since she was 7 at school

She finds it so easy and so natural, mam I found you an iframe you need to look at!

As they are older it is much easier for me to fit the working hours around the football and Irish dancing, apps mean I can work while I wait for them or at the schoool gates I can blast through my twitter accounts

These days my current role helps more with the work/life thing as although I still keep an eye on things out of the office, the flexible hours/WFH makes things easier for me to have more time with my little fella

But that's a whole other topic... since he came along he's had a huge impact on Daddy's desire to progress and achieve.. not just me to think of anymore after all

[/QUOTE]

Senna · 30-01-2016 01:53AM

jimmycrackcorm wrote: »

In IT, qualifications matter little. The fundamental reason is that technology is moving faster than exam courses can be developed.

Put another way, Steve Jobs, Bill Gates, Mark Zukerberg all share being massively rich from IT yet dropping out of college.

Rubbish, they still went to college, Gates and Zuckerberg both dropped out of Harvard because their companies were evolving and college was getting in the way. Jobs dropped out of an ivy league college because it cost his parents too much.
Your examples have no bases on actual reality.

jimmycrackcorm · 30-01-2016 02:27AM

Senna wrote:

Rubbish, they still went to college, Gates and Zuckerberg both dropped out of Harvard because their companies were evolving and college was getting in the way. Jobs dropped out of an ivy league college because it cost his parents too much. Your examples have no bases on actual reality.

I said they all dropped out, you've just agreed that they all dropped out.

I said they were all successful despite dropping out. What part of Boolean logic don't you get?

jimmycrackcorm · 30-01-2016 02:34AM

Stheno wrote:

Devops is a great example of that alright, but my field includes a heavy bias on qualifications, a lot of which are time bound and expire and as a consultant I'm required to keep them up to date!

I'm guessing that you work for a consultancy company who sell their services partially based on the qualifications of their consultants.

Such a company is Accenture, who, because of their minimum employment requirements, can only rule out Bill Gates and Mark Zuckerberg.

Rackstar · 30-01-2016 02:52AM

Stheno wrote: »

I went from call centre to consulting over a nine year span and like you earn a nice salary, but I travel a lot and work late most days.

The earn a lot and work 9-5 mentality is well and truly gone imo.

Not at all. You get to a level and command a decent salary. You are your own boss and do as you please. You have a level of competence above and beyond your colleagues. You are so far beyond their level there is no touching you.

enricoh · 30-01-2016 03:05AM

Have a mate who's a plumber with 7-8 lads employed. His lads are getting poached on him n they get 700 a week after tax a week. 8-4.30 Monday to Friday.
A few mixers on a Saturday n one evening handy enough 1000 a week.

Earning Big Money

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