Career & Money Lessons for Software Engineers in Their 20s

Learn important career and money lessons for software engineers in their 20s, including promotions, self-advocacy, and payment.

00:00:00 Learn important career and business lessons for software engineers in their 20s, including how to get promoted and make money. Promotions can be negotiated by setting goals and tracking achievements.

šŸ¢ Most promotions are negotiated, not given, so communicate your career goals to your managers and hold them accountable.

šŸ’° Keep track of your achievements at work to support your case for promotions and salary increases.

šŸŒŸ Take initiative to learn and explore new technologies to stay relevant and advance your career as a software engineer.

00:01:12 Learn to ask and advocate for yourself in your career. Reflect on your accomplishments regularly and communicate them. Don't be afraid to try new things. Mastering self-advocacy is more important than technical skills.

šŸ’” Always remember and talk about your accomplishments.

šŸ“… Know when to ask for something or complain.

šŸ” Experiment and find what works for you in your career.

šŸ’° Getting a raise often requires switching companies.

šŸ‘Øā€šŸ’» The importance of career growth over coding skills.

00:02:25 Learn career and money lessons for software engineers: don't settle for stalling promotions, keep practicing interview skills, and ignore naysayers.

Don't settle for promotions or raises that are constantly being delayed or denied, it may be a red flag

Practice interview questions and actively seek opportunities for higher pay or better positions

Ignore negative people and pursue your ideas, even if they seem small at first

00:03:38 Insist on getting paid now for the work you're doing now. Delayed payment may not have the same impact in the future.

šŸ’” Insist on getting paid now for the work you're doing now.

šŸ’° Compensation in stock options can be risky and may not have the same value in the future.

ā° Delayed payments can hinder financial stability and career progression.

00:04:51 Learn from a software engineer's career and money lessons, including the importance of being paid fairly for your work and the challenge of selling products in the same industry as the buyer.

šŸ’° Focus on receiving fair market pay in today's money rather than relying on stock options or delayed compensation.

šŸ¢šŸ’¼ Selling products to professionals in the same field is difficult due to their expertise and attention to detail.

šŸ‘Øā€šŸ’»šŸ› ļø Personal experience of the challenges faced in impressing react developers with a UI design tool.

00:06:04 The video discusses career and money lessons learned as a software engineer in the 20s, including the importance of selling products outside of one's direct line of work and the challenges of running a software consulting agency.

šŸ’¼ Selling products outside of the buyer's direct line of work can be challenging.

šŸ’ø Running a software consulting agency can be difficult because the only asset is people.

šŸ”§ Creating tools that are useful to a wide range of professionals can be successful.

00:07:18 Lessons learned in a software engineer's 20s involve challenging oneself and believing in the possibility of success despite no prior experience or following.

šŸ’” Believing in oneself and challenging personal limitations can lead to unexpected success.

šŸ’­ Lack of evidence of capability should not deter one from attempting new challenges.

šŸŽ“ Sharing and learning from others' experiences can contribute to personal growth.

Summary of a video "Career & Money Lessons I Wish I Knew as a Software Engineer in My 20s" by Marko on YouTube.

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