Why is the hourly wage for a programmer to start a business $1000/hour?

Source: Internet
Author: User

Short for reading two articles of a smart bear.

Article 1: Your time is worth $1000 per hour:

  • If you invest your own time to make a financial return on future projects, the probability of project success is not 100%. You have to assume that your hourly salary is 1000 $ per hour.
  • Returns x probability/project development time for the results of simple mathematical calculations
  • Otherwise, it would be better to do other projects.
  • The conclusion is that your time is very precious and you only need to do the most important thing.

Article 2: outsourcing as much as possible is the only solution:

  • If possible, outsource as much as possible. The only exception is your core code.
  • Programmers have the habit of automating tasks, which is often less worthwhile than Human outsourcing.
  • Remember, your hourly salary is 1000 $ per hour.
  • For example, a lot of work can be outsourced during market/technical solution surveys. The money saved is amazing.
  • Set the task and deadline and specific process
  • The author prefers Filipinos because the English language is good and the risk of intellectual property theft is not high.
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