FOMO in tech

engineering and MBA background, not that smart, but a hard worker. havent really accomplished anything in life. wanna enter IT field am i too late or can i push myself to do the impossible?? be brutal and unforgiving. i wanna see the reality of my FAQed up life

Hey everyone!! I wanted to know how do you guys plan for the next 5-10 years of your career? How do you decide what you want and what steps do you take towards it? Please help out a fellow lost but ambitious techie...

Having recently been laid off, these last 2 months was a life changing experience and it taught me a lot of things than any degree or organisation ever did. Some pointers: 1. The people who make the decisions never get punished or are held responsible, its the folks like us who are the first to be pushed out of the door. 2. Its shocking to see the layoffs like firesale, affecting almost each and every company in the IT sector. But it makes you think, did some companies really need to layoff people or did they just do it to inflate their share price and Mcap. The upper management and LT are paid in crores to make the decisions and how could they unanimously fail in such a critical part of business planning. 3. Its all about profits. There's no humanity in any of these companies or rather the folks making the decisions and it doesn't matter if you have been with them for 2 years or 20. If I was responsible for 100 people under me and some of them lost jobs because of the decision I made, I would have stepped down myself and wouldn't be able to sleep at night knowing I uprooted the dreams and hopes of not just employees but their families as well, many of whom are sole bread earners of the family. 4. Treat your employer just as you would treat any brand outside when you go out to shop - treat it like a transaction and nothing else. This layoff also taught me to never compromise about your career and position within an organisation. If the organisation can layoff so many people without a second thought, there's nothing holding you back from joining the next organisation who is offering a better role/compensation. 5. Be a risk taker. Thankfully I have always been this and this helped me rise quickly in my 6 year career but it's my suggestion to everyone and not just folks affected by layoffs - Never get comfortable in any organisation or any role. Would love to hear what others think or went through during this difficult period.

I am 23M working in a well renowned Fintech startup. Have got what I have dreamed of in college like high ownership, good pay and other similar things. But lately realized that I can't do these things for my majority of life. Although I enjoy my work but still feeling lonely and aimless. Previous to September it was remote but now they have made it hybrid and I have to reallocate to Gurgaon and now I am feeling more lonely and aimless in life. Have tried travelling and other stuffs inorder to find interest in life but nothing excites me.

How to over come feeling defeated and anxious as I grow older in tech field biased towards younger lot and shiny new tech stacks. Worked in WITCH companies, no hope of getting into product based at 11 yrs exp. I am no way extraordinary technologically wise nor got chance to work on complex projects just standard Crud apps on different tech stacks like Asp.net and SAP Fiori/Hana. I shudder to think of being jobless at 50 with no job with no pension and max responsibilities on my shoulders at that time . Can someone provide pointers how to come out of this rut? I would be grateful🙏🏻

I am 24 F and not currently working. I got laid off from my first job with 9 months of work experience. I did DSA and applied to various companies, got shortlisted and cleared few rounds as well but after facing few heart crushing rejections i don’t feel like preparing any more. I have never been excited by the idea of working for a big MNC(people my age have their dream companies listed and are working towards it). Somehow this isn’t my calling and i am totally lost because i have not been working for the last 5 months. I strongly believe that there are few things we are naturally good at(I might be wrong here). Ever since my school days i have been a hard working person and have taken things very seriously. But now in this phase when i should be working hard, i dont feel like doing it, probably because i am doing something that doesn’t excite me. I somehow feel i am naturally good at networking, meeting new people,connecting with people at once, building things from scratch. Has anyone been through the same phase? I would highly appreciate any suggestions/advice. HELP ME OUT GUYS!!

I work as a software engineer (Backend) at a startup ( valued over $200m). Most of my revolves around designing and building applications using python based frameworks (Django, flask, fast api). Integrating AI models to the backend, not so exciting but yeah I do. Also, deploying them in Google cloud and setting up the cloud infrastructure. Occasionally I do write load testing scripts using Gatling. At times I feel like I'm not doing any deep tech work and I'm bored. Most of the days I have zero motivation to do anything. How's the life of people doing deep tech at work? What am I missing? What should I focus on? I wonder if I'm underpaid at times (18 lpa) (exp - 4yrs). How should I move forward with regards to my career?

I got 100% hike. I joined an abroad company. Now my salary is 30 LPA. Any serious answers what should I do? I don’t want to be reckless with so much money.

Hi everyone, The year end is here. It was a great year for my FIRE journey and I thought I'll share an update with you all. With few days left in 2023, I've crossed 2.65 CR in net worth after touching 2 CR in May this year. Here's the breakup: Direct shares: 1.7 CR (this was the major driver of growth), ELSS: 0.06 CR, Company shares: 0.06 CR, Real Estate: 0.4 CR (while it is between 42-45 now, keeping this unchanged from May), EPF: 0.34 CR (interest for last year kicked in), NPS: 0.06 CR (investing because I'm in 30% bracket, getting 14.8% xirr here), SGB: 0.03 CR The driver for growth has been a high saving rate. In 2023, i've added 29.5 lakhs in equity, about 2.5 lakhs every month. 6 lakhs in company shares (US listed). The EPF and NPS savings are on top of this. My target was to save 36 lakhs in equity overall, and it's done! Targeting the same for next year. I'm aiming to cross 2 CR in equity before July 24. Another change I did this year is that I've moved away from active advisory. I get the stock ideas from Twitter discussions, analyse them fundamentally and take bets based on the charts. I'm quite confident of my charting skills with max drawdown of 25-30% but upside of multiple x. I could capture 2-3 2x this year with sizable investment in them. I got this confidence after i could take my wife's account from 11 lakhs to 20 lakhs in about 2 years. While the next year can be a huge bull run if BJP wins, I'm still trying to diversify. I'm planning to add a real estate of about 75 lakhs by paying 10%. This will help me leverage as well. The rental yield is the property is approx 5% and calculations show that I'll have to only pay 40-45% of the EMI and rest will be covered through rent. This should bring my equity exposure down from the current 65% to less than 50%. In this I'm trying to diversify and leverage while not denting my current equity corpus. Suggestions welcome to make this FIRE journey better! Thanks!