Building Wealth in Tech: Beyond the 9-5
November 15, 2024•12 min read
A six-figure tech salary feels secure until you realize you're trading time for money with no leverage. Here's how I think about building real wealth.
The Problem with a Single Income
No matter how high your salary, you're always one layoff away from zero income. The tech industry has shown us this reality repeatedly in recent years.
Leverage Your Skills
As a technologist, you have skills that can be productized, packaged, and sold. Consider:
- Digital Products - Templates, courses, tools that sell while you sleep
- Consulting - Premium hourly rates for specialized knowledge
- Content - YouTube, newsletters, podcasts that build audiences and generate ad revenue
- SaaS - Software products with recurring revenue
My Approach
I maintain my full-time role while building income streams on the side. Each stream doesn't need to replace my salary—but together, they provide security and options.
Start Today
The best time to build wealth was yesterday. The second best time is now. Pick one avenue and start.