> It’s almost impossible to get rich working for someone else.
A very minor nitpick, but this has been proven false so many times. If "rich" means $1M+ during the mid-life period (I think this qualifies as rich if you are willing to live outside of major cities), plenty of people have accumulated that level of wealth by working for others. Go work for a big tech company, save/invest all your bonuses (of which there will be many), and save/invest a good portion of your salary, and you could potentially be a millionaire in only 10 years (for a programmer with just a bachelor's degree, that could translate to early to mid 30s).
If "rich" means $10M+, then that is indeed quite a bit harder to do (unless we're talking about age 65+, in which case the above person will easily achieve it). It can still be done by joining the right pre-IPO company, working on Wall Street as a trader (admittedly, a very demanding career--but not "impossible"), achieving partnership at a major law firm, or working your way up the corporate ladder (Satya was making $8M/year before being promoted to CEO).
A very minor nitpick, but this has been proven false so many times. If "rich" means $1M+ during the mid-life period (I think this qualifies as rich if you are willing to live outside of major cities), plenty of people have accumulated that level of wealth by working for others. Go work for a big tech company, save/invest all your bonuses (of which there will be many), and save/invest a good portion of your salary, and you could potentially be a millionaire in only 10 years (for a programmer with just a bachelor's degree, that could translate to early to mid 30s).
If "rich" means $10M+, then that is indeed quite a bit harder to do (unless we're talking about age 65+, in which case the above person will easily achieve it). It can still be done by joining the right pre-IPO company, working on Wall Street as a trader (admittedly, a very demanding career--but not "impossible"), achieving partnership at a major law firm, or working your way up the corporate ladder (Satya was making $8M/year before being promoted to CEO).