Author Topic: The Simple Path to a Lucrative Career - JL Collins  (Read 2393 times)

Alchemisst

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The Simple Path to a Lucrative Career - JL Collins
« on: October 16, 2021, 05:26:24 AM »
JL Collins talks about Salesforce as a career in this thread, however it comes across as a paid advertisement in some way, has he 'sold out' or does it make some good points?

https://jlcollinsnh.com/2021/08/04/the-simple-path-to-a-lucrative-career/

Weisass

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Re: The Simple Path to a Lucrative Career - JL Collins
« Reply #1 on: October 16, 2021, 05:47:56 AM »
Yea I dunno. The ChooseFI folks have been shilling for Salesforce on their podcast, too, and to me it sounds a little *too* slick.

AccidentialMustache

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Re: The Simple Path to a Lucrative Career - JL Collins
« Reply #2 on: October 16, 2021, 07:12:56 AM »
The salary numbers seem wildly optimistic. It'd be similar to claiming someone who learned CS and started at FANG (only one A, Apple is too old a company) at just the right time to catch the IPO wave means that everyone in CS is multi-millionaires after a few short years, working at a startup for 2-3 years and then waiting out the stock vesting schedule to quit by 4.

Glassdoor says the average salesforce admin is 100k (senior 130k) and developer is 115k (senior 135k). They say a software engineer is 110k (senior 130k staff 155k senior staff 175k). I'm not finding hits above senior for salesforce, so there's probably a firmer glass ceiling there.

Those numbers do look pretty good vs traditional CS, at least early on. I highly doubt no-code is talking developer. That's talking admin. As an admin in an IT dept role, your dept is a cost center, not a revenue center (developers in tech), so staff cuts hit you first. IT staff are admin positions -- a commodity, don't expect substantial stock there. Also at a much higher risk of being outsourced to India.

I can tell you from being in software, those salary numbers look okay for averages in those bands (base software engineer seems high, but that's probably just all the new grads going to California), but completely ignore stock (RSUs) which at the higher ranks can completely eclipse the salary (so start doubling or tripling those numbers).

Mostly it smells like the new MS Access wizard, HTML web-admin, or sysadmin positions in the 90s/early 2000s. Yes, with a little technical aptitude you can get into it pretty quick. I'll also note those jobs by and large no longer exist.

Now, if you only need to ride the gravy train for a few years to turn that salary into FI? Great! Even 100k is real money, and a lot more than the average American takes home.

 

Wow, a phone plan for fifteen bucks!