00:00 If you're wondering if engineers are actually rich, how their salaries stack up
next to other career opportunities, then this video is for you.
We're going to be talking about a couple things with in that, coming up!
Heyyy 1% Nation, I'm Jake Voorhees, and you are watching The 1% Engineer Show, where we
empower young engineers to rise to the top 1% of their career.
On this channel, I give lots of tips hacks and tricks so that engineers can be as successful
as possible.
If this is your first time here, consider subscribing.
I see a lot of banter on YouTube and other platforms about the amount of salary that
certain engineers make and why you should pursue engineering because of this.
I'm not sure if that's the exact reason why you should actually become an engineer.
Because if you don't love it enough and if you're not passionate about that field then
you're never going to be able to become good enough to actually make a great salary and
rise into management.
00:53 What I want to address is really cool Business Insider article that came out a couple
months ago entitled What you should study in college if you want to become a billionaire.
And basically it's analyzing the most wealthy 100 people in the world the Forbes 100 list
for the world and looking at what they studied in college and then breaking that down of
the top 25 people do not have degrees that says something in itself guys but of the 75
who did have degrees.
The most prominent major choice in college was engineering.
22 of the 75 were engineers which is almost 30 percent.
Also want to say that four of the 75 were computer science majors which to me is kind
of like engineering.
01:31 So we consider that software engineering and I don't really want to get into that discussion
but if we do 35 percent of the most wealthy people in the world who have degrees were
either computer science or engineering.
And what it shows you is that engineers have this specific way of looking at the World
specific way of solving problems that lots of other people are incapable of.
Well most of these people do it in order to become so successful within their engineering
career is they created a solution for a problem and built a company around that and scaled
it.
And this is something that most people can't do it takes an engineer to really be able
to hone in on what is truly the challenge at hand and whatever industry it is that these
people were focusing on in scale and grow.
02:11 But the point is this not everyone out there will be able to find this problem and
really build either a software solution or harbor solution.
Critically think about what is really going on.
Fix problems provide solutions to totally rid the world of that challenge that obstacle
that issue and change the world with things that we build that's what we do civic get
back to the topic at hand.
Are engineers rich.
Sure engineers make pretty good salary but what I want to point out is that very few
types of majors have the ability to change the world on such a big scale.
If they fuse it in with entrepreneurship and start a company from the problem that they
solve.
So in this video I also want to talk about why it's very important to consider business
and think about your MBA for your career and think about how maybe you can start a side
hustle and you can solve the problems that you see by building a software solution or
some sort of mobile application or web app or something.
03:05 This is how you can actually change the world and maybe become super wealthy along
with that.
I really do believe that's the best path.
If you help a whole bunch of people chances are the wealth and the power and the prowess
and the prestige and the financial success is going to come from that.
But you have to focus on that first how can you solve people's problems.
How can you help.
A lot of people overcome some challenges some obstacles that you understand enough to develop
a solution to those issues.
It's a real simple video today.
Just want to address this a little bit and point out this cool article that I saw and
also my view on how we as engineers have this unique ability to blend entrepreneurship and
engineering to truly change the world and actually create a career that a lot of people
cannot.
03:45 So enjoy this video guys.
I'm try to bring a lot more videos to 2018 so comment below if you have some problems
some challenge that you are trying to figure out.
And I can make a video about that if you want the 1 percent engineer getting access to the
Facebook group comment below and as always thanks for watching the 1 percent engineer
show guys and stay hungry on your quest to become a present engineer.
Gere's.