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» Miscers who make $200k - What do you do and how did you get there?
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post 1666853683 08-27-2022, 02:39 PM
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#91
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Someone help me get into tech sales. I’ve tried applying to so many sales development roles but couldn’t get anywhere. How to break into the industry as an entry level position? I have no sales experience.
post 1666854393 08-27-2022, 02:58 PM
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#92
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You can’t get into tech sales im anymore. The boom is over everyone knows about it and there are no jobs as Al tech companies are laying off like crazy.

Tours over boyo.
post 1666854793 08-27-2022, 03:07 PM
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#93
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Originally Posted By jesb7826
Someone help me get into tech sales. I’ve tried applying to so many sales development roles but couldn’t get anywhere. How to break into the industry as an entry level position? I have no sales experience.
Most places require prior sales experience for SDR roles now
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post 1666855333 08-27-2022, 03:21 PM
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#94
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Aerospace Program Management. $210k this year. $245k next year. Aerospace really depends on the company. First program management job was at a crap company. Only made 50k.
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post 1666855573 08-27-2022, 03:28 PM
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#95
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Originally Posted By Dolan28
Roughly 3% of all Americans make 200k+, but you will get dozens of replies here with advice since America's top performers all happen to spend hours a day posting on the Misc. Especially those between 20-30 years old, which represent less than a fraction of a percent of those earning that income.
Coming in this early to ruin the Misc ego, repped.

I think more people make that money but they are business owners who move their money around so they don't actually make that much money but they invest the profits of their business back into growing their business so their actual wealth is massively growing but their income is only what they need.

Anyone making a wage, working for someone else, who gets a W2 aren't that common, those who are younger are like you said, very rare. Vast majority of those who make that kind of wage are those who have a lot of experience in their field with a skill set and position they can command that kind of money but they usually have grey hair and are towards the end of their careers. Here on the misc you have 25 year old fresh out of school people in senior positions, consultants. Yeah right.

If you want to pretend you are something more than you are, fine, but don't come on here giving advise to others that isn't true.
post 1666856133 08-27-2022, 03:41 PM
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#96
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Originally Posted By Dolan28
Roughly 3% of all Americans make 200k+, but you will get dozens of replies here with advice since America's top performers all happen to spend hours a day posting on the Misc. Especially those between 20-30 years old, which represent less than a fraction of a percent of those earning that income.
you talking about VAST VAST majority of folks that live in the middle of no where, older folks, children, and women. you group of men between 20-45 years old and im sure that number shoots up significantly. also, 200k is not what it was 10 years ago. housing has sky rocketed in desirable areas
post 1666857633 08-27-2022, 04:23 PM
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#97
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130k plus bonus 20k working for top tier investment bank in the FO, work normal hours though.

I consult on side which will be another 60k
I have a side education business which is exploding right now but I’ve predicted that earn about 20 to 30k I honestly believe that at scale I’ll probably get it much higher in the next few years so a lot of work building that.

I work about 60 to 70 hours a week though I also live in a rich part of Sydney unlike gojirra who lives in a surburban ****hole. I also have two kids one in London one in asia for which I’m basically paying for an apartment in London to keep that bich happy, but I’m in shape and still fcuk younger girls so it’s good.

The key is that I’ll be living half in Latin America and half in Asia by the time in forty but still pulling in 150 to 200k to cover costs and love a good life. I have two apartments jn Perth but pay minimal mortgage and they are still years away from being paid off, I’m thinking of buying ankther house in a couple years as Australian property prices are collapsing. I’m also qualifying to be a immigration lawyer in Australian now but it’s on pause for another 6 months. But this will allow me to make sig fugues as my own business wherever I want. Plus my other sources of income.

I’m very dynamic though and well educated. Most Americans especially on misc never leave their home towns so for this reason alone most people will never make this kind of income. Rather just whinge on here.

I also don’t drink and if I went out just one day a week drinking none of this would be possible. I attribute my success to almost 10 years of sobriety and if I had not waste 18 yo 27 drinking and drugging who knows what else I would of achieved maybe I would be worth 10 million or an expert in my field either way it’s the journey that makes the man.

Another point they is the reality here that American didn’t understand is that you average Australian is 6 times wealthier than your average American so one day my parents will die and me and my sister will receive about half each of the 6 million In property assets which is not that unusual if you grow up in Australia.
post 1666858033 08-27-2022, 04:36 PM
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#98
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Wasn't gonna post ITT but realized I'll be at $200k gross probably in a year or 2.

Currently my base is $110k. Bonuses and OT bring it to $140k+ easily, but if the OT is killer then $150k+.

The next promotion I get, I lose hourly pay / overtime, but get a major base pay boost, and one of my bonuses gets doubled. At that point I expect my basepay to be like $145k-150k srs, then my bonus would bring it to $180k. Another annual pay bump in 2024 would put me at $190kish gross, and then 2025 would be $200kish gross. Another promotion is possible too but that one is hard AF to get.

I do cyber security, work from home, for a big corpo.

Reqs to get where I'm at: Certifications, multi-year experience (but you gotta start somewhere, likely making $50k-70k in entry IT / Cyber), a Bachelor's degree even if it's irrelevant to make your life easier. "Can do" attitude. Get results, either through your own clever techniques or through other people in / out of your team. Don't let things fall, keep up with what's on your plate. Volunteer for work that no one wants to do, especially if the reason is because others don't know how to do it (even if you don't, you'll learn). Be open-minded about leaving external, know your worth, threaten to quit after you get an external offer, don't be complacent.
post 1666858293 08-27-2022, 04:43 PM
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#99
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Originally Posted By GeezersPalace
130k plus bonus 20k working for top tier investment bank in the FO, work normal hours though.

I consult on side which will be another 60k
I have a side education business which is exploding right now but I’ve predicted that earn about 20 to 30k I honestly believe that at scale I’ll probably get it much higher in the next few years so a lot of work building that.

I work about 60 to 70 hours a week though I also live in a rich part of Sydney unlike gojirra who lives in a surburban ****hole. I also have two kids one in London one in asia for which I’m basically paying for an apartment in London to keep that bich happy, but I’m in shape and still fcuk younger girls so it’s good.

The key is that I’ll be living half in Latin America and half in Asia by the time in forty but still pulling in 150 to 200k to cover costs and love a good life. I have two apartments jn Perth but pay minimal mortgage and they are still years away from being paid off, I’m thinking of buying ankther house in a couple years as Australian property prices are collapsing. I’m also qualifying to be a immigration lawyer in Australian now but it’s on pause for another 6 months. But this will allow me to make sig fugues as my own business wherever I want. Plus my other sources of income.

I’m very dynamic though and well educated. Most Americans especially on misc never leave their home towns so for this reason alone most people will never make this kind of income. Rather just whinge on here.

I also don’t drink and if I went out just one day a week drinking none of this would be possible. I attribute my success to almost 10 years of sobriety and if I had not waste 18 yo 27 drinking and drugging who knows what else I would of achieved maybe I would be worth 10 million or an expert in my field either way it’s the journey that makes the man.

Another point they is the reality here that American didn’t understand is that you average Australian is 6 times wealthier than your average American so one day my parents will die and me and my sister will receive about half each of the 6 million In property assets which is not that unusual if you grow up in Australia.
You are so full of ****. No front office banker is only getting a 20k bonus or making 150k. That’s grad money. Hell, I pay my EA almost that much.
post 1666858383 08-27-2022, 04:45 PM
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#100
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Originally Posted By JPG13
Most places require prior sales experience for SDR roles now
So basically I’m wasting my time trying?
post 1666858923 08-27-2022, 04:57 PM
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#101
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Originally Posted By bigdownunder
You are so full of ****. No front office banker is only getting a 20k bonus or making 150k. That’s grad money. Hell, I pay my EA almost that much.
I work for a bulge bracket and have an FRM.

I know you don’t work in finance because your lying about your wage and everyone in USA lies about their wage in investment banking.

I’m in front office but my bonus is not tied to performance, also in Australia we are rewarded accordingly because APAC brings in much more revenue per person compared with USA. That’s why all the layoffs in Finance are happening in NY and no where else cause you see useless there.

I don’t need to work hard and hope my performance bonus, I’m paid a salary accordingly that covers my high bills, because Australia always pays higher than USA, except for maybe a period in the 1980s to 1990s Australia always paid more even back in gold rush days. Also don’t need to worry about working 100hrs a week so I don’t lose my AETNA health care. We used to lay more taxes in Australia but under Biden with inflation that is no longer the cased. Thats why everyone is here in Sydney and Singapore.

What do you do pal? Probably nothing just listen to your mate who works in structured debt finance 4th tier toilet bank lie about his salary lol
post 1666862123 08-27-2022, 06:11 PM
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#102
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Originally Posted By GeezersPalace
I work for a bulge bracket and have an FRM.

I know you don’t work in finance because your lying about your wage and everyone in USA lies about their wage in investment banking.

I’m in front office but my bonus is not tied to performance, also in Australia we are rewarded accordingly because APAC brings in much more revenue per person compared with USA. That’s why all the layoffs in Finance are happening in NY and no where else cause you see useless there.

I don’t need to work hard and hope my performance bonus, I’m paid a salary accordingly that covers my high bills, because Australia always pays higher than USA, except for maybe a period in the 1980s to 1990s Australia always paid more even back in gold rush days. Also don’t need to worry about working 100hrs a week so I don’t lose my AETNA health care. We used to lay more taxes in Australia but under Biden with inflation that is no longer the cased. Thats why everyone is here in Sydney and Singapore.

What do you do pal? Probably nothing just listen to your mate who works in structured debt finance 4th tier toilet bank lie about his salary lol
wrong. my base is currently 225k and my bonuses are usually about 100% of my base.

this is considered slightly UNDER market, but my bank is somewhat stingy on pay (reputation for that).

we pay first year employees post MBA 175 base, 175k bonus with a 50k sign on.

first year employees out of undergrad get 110 base, maybe 90-100k bonus.


many firms are WELL above where we are (ded fkn srs).
post 1666862263 08-27-2022, 06:14 PM
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#103
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I make about 300k a year primarily from G4P
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post 1666862683 08-27-2022, 06:26 PM
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#104
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Originally Posted By jesb7826
So basically I’m wasting my time trying?
Market slow down + no experience = pretty much yes. Not to say you can't get into sales in another capacity and build the skills/experience needed
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post 1666862823 08-27-2022, 06:31 PM
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#105
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I have worked in New York London Singapore and Sydney for a bunch of banks, I think I know what I'm talking about.

Americans always lie about their salary in this industry. Many include their health insurance in their salary as well. oh my salary is 100k plus sign on plus secondary payment plus bonus plus 401k plus health insurance after federal and new york state taxes = 120k BWAHAHAHAHAHAHAHHA.

They also think Bankers in London make "salaries" lol London bankers make day rates because everyone in the UK is a corp to corp contractor or umbrella paid. London bankers make the same as NY, hence why the cost of living in London is the same as NY, you muppet.

New York pays the worse out of Asia, If new york paid so well, but is APAC full of new yorkers, each one of them will tell you that they get paid more in Singapore or Sydney.

If my role was more revenue-generating I would get a bonus of 4-6 months my salary, but I would have to work a lot more hours so I choose to be smart and put my time into other things. but my role will be about 2 months, maybe 1 month if things are bad maybe 3 months if things are good. I also get paid a compulsory 401k match which is about double what you get, but thats not includeed in my salary because its not revenue and I can't touch it until i'm older without suffering a alrge penalty.
post 1666864583 08-27-2022, 07:12 PM
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#106
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Originally Posted By Jaydawg08
For certain jobs/careers you can do a check and see what they actually make, but most just fake it.
Dam you're more stupid than I thought. The fact you think googling " xyz salary" gives an accurate answer shows how naïve and dumb you are. It would be more accurate to look at job postings for said careers.
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post 1666864743 08-27-2022, 07:16 PM
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#107
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Originally Posted By Dolan28
Roughly 3% of all Americans make 200k+, but you will get dozens of replies here with advice since America's top performers all happen to spend hours a day posting on the Misc. Especially those between 20-30 years old, which represent less than a fraction of a percent of those earning that income.
Unrelated. What’s your join date? If you’re the Dolan I’m thinking of, you’re the first person that ever negged me on this forum.
Nah bro I’m sweet.
post 1666864763 08-27-2022, 07:17 PM
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Real estate
post 1666865063 08-27-2022, 07:22 PM
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#109
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I work in science and engineering consulting.

I worked for other people for several years and then sold everything I owned and used that money and some licensing fees from patents to hire 4 juniors WFH so that I could start running small projects myself.

I lived in a 400 sqft rental apartment and worked 80 hours a week for years and plowed every penny back in to hiring more people and doing larger projects.

We now have ~2000 people and in addition to the consulting, we do oursourced R&D and product development.

COVID was a big financial hit and I ran at a loss to avoid laying anybody off, but things are getting back to normal now.
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post 1666865343 08-27-2022, 07:27 PM
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#110
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Originally Posted By Joseph1990
Dam you're more stupid than I thought. The fact you think googling " xyz salary" gives an accurate answer shows how naïve and dumb you are. It would be more accurate to look at job postings for said careers.
Exactly, this type of naivety is why employers think competitive pay for senior sysadmins is $80K, lol.
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post 1666865663 08-27-2022, 07:32 PM
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Originally Posted By GeezersPalace
I work for a bulge bracket and have an FRM.

I know you don’t work in finance because your lying about your wage and everyone in USA lies about their wage in investment banking.

I’m in front office but my bonus is not tied to performance, also in Australia we are rewarded accordingly because APAC brings in much more revenue per person compared with USA. That’s why all the layoffs in Finance are happening in NY and no where else cause you see useless there.

I don’t need to work hard and hope my performance bonus, I’m paid a salary accordingly that covers my high bills, because Australia always pays higher than USA, except for maybe a period in the 1980s to 1990s Australia always paid more even back in gold rush days. Also don’t need to worry about working 100hrs a week so I don’t lose my AETNA health care. We used to lay more taxes in Australia but under Biden with inflation that is no longer the cased. Thats why everyone is here in Sydney and Singapore.

What do you do pal? Probably nothing just listen to your mate who works in structured debt finance 4th tier toilet bank lie about his salary lol
This is fkn hilarious, and the best part is that I think you’re being serious.

You must be in some basic support role. Risk? Settlements? At that pay level you are junior and not front office like you claimed.

I’m in Australia at the moment and pay more in tax than you make from your ‘bulge bracket front office job with experience in London, NY and Singapore’. I’d give details, but it would honestly be embarrassing to get into a dick measuring contest with a loser like you.
post 1666866543 08-27-2022, 07:43 PM
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#112
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Figures that every miscer would be a multi millionaire/billionaire making 100s of thousands of dollars a year.

Srs though, I started working in sales for siriusxm radio and its the best paying job I have ever had, double of what I've made at other jobs in my life, but nowhere near what some of you all make, maybe 40k a year.
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post 1666869293 08-27-2022, 08:34 PM
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#113
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Originally Posted By chrsschb
Exactly, this type of naivety is why employers think competitive pay for senior sysadmins is $80K, lol.
We're currently hiring Jr admins for $70k.
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post 1666869443 08-27-2022, 08:38 PM
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#114
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Originally Posted By bigdownunder
This is fkn hilarious, and the best part is that I think you’re being serious.

You must be in some basic support role. Risk? Settlements? At that pay level you are junior and not front office like you claimed.

I’m in Australia at the moment and pay more in tax than you make from your ‘bulge bracket front office job with experience in London, NY and Singapore’. I’d give details, but it would honestly be embarrassing to get into a dick measuring contest with a loser like you.
I’ve jsut come from New York to Sydney Sure mate. Risk settlements? Never even heard of that role, traditionally back office roles aren’t done in Australia there is just no capacity assuming that you mean back office because I’ve never heard of risk settlements.

Which tower in Sydney you at bruv?

American bankers don’t make as much as they think they they do. They lie, the expat community even has a term for it 60/40 rule meaning 60 percent of what they say they make.
post 1666870543 08-27-2022, 09:01 PM
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#115
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post 1666876473 08-27-2022, 11:42 PM
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#116
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for a data point, software engineer 280k in HCOL. 8 YOE. definitely not out of the ordinary. there are people getting 400k+ offers without even being senior,
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