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/biz/ - Business & Finance

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16399975 No.16399975 [Reply] [Original]

Hey /biz/, I know that at least some of you guys are genuinely successful and I would like any advice you're willing to offer.

So I recently got out of the Canadian Navy, and in my early 20s I find myself at a crossroads. Despite four years as a millwright / power (stationary) engineer hybrid, my military qualifications and hours don't transfer to the civilian world. My current plan is to suck it up and start as a first year millwright apprentice, and grind out the next 4 years. However, I'm concerned about the effect it has on a body over time so I'm debating becoming an industrial electrician instead. I used to work with this smart native guy who was always going on about his cousin who works 6 months a year inside the arctic circle, and supposedly made $200K CAD+ before taxes. There's something romantic about being a frontiersman NEET, cozy at the top of the world. There's also a legendary /trv/ thread about an Australian electrician who worked in the hills of Papua New Guinea, and couldn't leave his compound without armed mercenaries, because the local tribesmen still ate people. Wages in Canada aren't bad for tradesmen under normal circumstances, but to make good money you either have to work in extreme conditions, or abroad. Are there any tradies here that can shed some light on the topic, specifically which trades have the highest pay ceiling, which may provide opportunities to travel, and which would most easily allow the starting of one's own business?

>> No.16399980

Secondly, is 'learn to code' a meme? I've read threads on here about people who have claimed to do it, but always thought it was the same as the welder making $300K. However I actually met someone IRL who quit his management job to learn to code, and he said after about 2-3 years was making the same as he is now with a much, much higher wage ceiling. Are there any code monkeys here who have pulled themselves up by their bootstraps? How far can you get without a degree? What are the entry level job titles called, so I can research them? Which languages are necessary and in demand, and in which order should I learn them? Are those boot camps worth it? And most importantly, does anyone have any experience in selling software which they created that generated them passive income?

Lastly, does anyone have an experience starting their own business? I don't have any real world skills, and I can't think of a way to monetize my hobbies (Working out, writing, reading, politics, shooting) There used to be a super helpful anon here who started a /Passive Income General/ but I haven't seen it in months. He seemed to have remarkable success with ATMs, vending machines(?), and was just about to buy an empty lot that he was going to turn into a parking lot. I don't care if it was just selling water bottles on the sidewalk, or walking dogs when you were a kid, if you have ever had any kind of business venture and are willing to share I'm all ears.

I also have 30K CAD to play with (Still waiting on my pension refund so I don't have it all in cash) and a big pile of stinkers.

Thanks /biz/

>> No.16399998
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16399998

>>16399975
The only advice you would need is to buy LINK, as much as you possibly can.

>> No.16400074

>>16399975
>>>/diy/ prob answer you better (if you patient) but electrics is pretty easy life, unless you are completely stupid. Coders is, afaik, overcrowded, too much pajeets n shit. BUT, electrics and if so minded, get into industrial automation, good money there, but, you more or less always need basic spark quali first. ANY basic trade quali is always good and fallback Plan A. Own business, I'd say HVAC/plumbing in that order for the cash, learn with someone first, then, start your own firm, can roll in it for being a desk jockey and knowing how to work an appointment planner. But if you get stuck in that (plumber etc) working for other people, good chance you'll want to kill yourself eventually. tldr, trade, get - can always do some side shit as well, YMMV

>> No.16400490

>>16399975
lay off the weed bro

>> No.16400618

>>16399998
Yeah once I get my pension payout I may as well go all in, every other investment in the world in at the top of a decade long bubble ATM. Although with the Liberals in power in Canada, we're going to be seeing '400K' immigrants per year and it may be enough to keep the housing bubble at least inflating for the forseeable future.

>>16400074
Thanks, will definitely cross post to /diy/. I was planning on going the industrial route but specialising in automation is a good idea to look into.

>>16400490
but dude, weed

>> No.16400665

>>16400074
>if you get stuck making 70k a year you will want to kill yourself
Why? People treating plumbers shitty gets to you?

>> No.16400878

>>16400618
in alaska there are always electrician jobs that pay well alaska is like a non cucked version of canada

>> No.16400932

Are trades the only way frens?

>> No.16401021

>>16400878
Yeah, getting out of Canada once I'm a redseal (Journeyman) is a high priority. Although taxes in the US are much higher than I expected.

>> No.16401066

>>16400665
>However, I'm concerned about the effect it has on a body over time
OPs a snowflake.. simply if you got the choice, electric generally working in less stressfull/shitfull conditions (than plumbers), also, better opportunities of moving into/onto something else, industrial automation/controls as said, or (random example) lot of TV/stage/AV stuff need basic spark trade first, etc. I did say, plumbings good money tbf - but you maybe not want to be still shoving your arm down drains 30 years from now