Ask HN: How would you invest in yourself with $10,000
11 comments
The programmer -> MBA track is a popular one, and unless you want to make a move into finance, I have not heard a lot of compelling good things about it. The best thing people usually have to say about it is that it's a networking opportunity.
Do exactly what I tell my teens to do. Figure out what you want to do. Go hang out with those who already do it. Its not about spending money or age; it is about being useful to those who need passionate people in their field. Time is your greatest asset in this regard. Be known, be available, and good things will happen.
I would attend the programming boot camp to which I was accepted but will not be able to afford.
In your case, it sounds like you spend much of your time and energy achieving. Instead of using the break to steady yourself for the next leap, why not take time to wander a little? Go experience unique people and places. Set out to change your perspective. Play. It could help you discover what you want or what's next in your career, giving you something to work toward, rather than blindly collecting 'skills' and 'credentials' that may or may not be what you need to take the next step.
In your case, it sounds like you spend much of your time and energy achieving. Instead of using the break to steady yourself for the next leap, why not take time to wander a little? Go experience unique people and places. Set out to change your perspective. Play. It could help you discover what you want or what's next in your career, giving you something to work toward, rather than blindly collecting 'skills' and 'credentials' that may or may not be what you need to take the next step.
Which bootcamp? What would you learn at a bootcamp that you couldn't for free on your own volition?
Not criticising, genuinely curious as I've considered attending one myself.
Not criticising, genuinely curious as I've considered attending one myself.
Speaking as someone who used to work at a company that several bootcamps had pitched for recruitment purposes, and having met several grads from bootcamps, I would say that these bootcamps are most certainly not for you. They are almost all universally geared towards beginners. In that sense these bootcamps do add a lot of value. It is really hard to teach yourself to code if you lack any foundation in coding, let alone teaching yourself X or Y technologies.
There is really nothing these bootcamps can offer you except for a boost in your motivation (such a boost is not worth $12-17k+). To give you a sense of what I mean, Dev Bootcmap, for example, spends half of its time on teaching their students Ruby and programming fundamentals, which makes sense if you've never/barely coded before, but does not make sense for someone with experience who can teach him/herself Ruby and most of its advanced concepts over a (focused) weekend. Even Hack Reactor, which bills itself as being more intensive and faster-paced, spends a lot of time on basic language/CS fundamentals.
These programs don't really improve your job prospects beyond the improvements that are due to a beginner learning new concepts, nor do they really provide any sort of networking opportunities beyond the kind of networking you can achieve by hanging out at engineering meetups once a week - the average wage at these programs is almost universally in the $85k area, which sounds like a lot but is essentially entry level for the SF area.
The same applies to most online course material out there, which is geared towards beginners.
There is really nothing these bootcamps can offer you except for a boost in your motivation (such a boost is not worth $12-17k+). To give you a sense of what I mean, Dev Bootcmap, for example, spends half of its time on teaching their students Ruby and programming fundamentals, which makes sense if you've never/barely coded before, but does not make sense for someone with experience who can teach him/herself Ruby and most of its advanced concepts over a (focused) weekend. Even Hack Reactor, which bills itself as being more intensive and faster-paced, spends a lot of time on basic language/CS fundamentals.
These programs don't really improve your job prospects beyond the improvements that are due to a beginner learning new concepts, nor do they really provide any sort of networking opportunities beyond the kind of networking you can achieve by hanging out at engineering meetups once a week - the average wage at these programs is almost universally in the $85k area, which sounds like a lot but is essentially entry level for the SF area.
The same applies to most online course material out there, which is geared towards beginners.
You sound like you have a fair amount of knowledge on the subject so I'd be massively appreciative if you could give me any advice...
I'm planning to move from the UK to the States next year (American wife, so hopefully shouldn't be too much hassle) and combine it with a career change from project manager (please don't hate me!) to developer. I have a CS degree and similar Masters, but coding has been primarily a hobby since I graduated (i.e. I can make pretty much what I can think of given enough time, but I'm shaky on the core concepts: big-oh, data structures, design patterns and algorithms).
My plan was basically to (re)learn as much as I can between now and early-mid next year (focusing on RoR) and build up my GH portfolio, then jump into Dev Bootcamp to fill in the gaps and get some introductions hopefully leading into a job. However, after reading your comment it makes me wonder if it'd be $12k wasted?
Any advice or input would be worth at least a pint!
I'm planning to move from the UK to the States next year (American wife, so hopefully shouldn't be too much hassle) and combine it with a career change from project manager (please don't hate me!) to developer. I have a CS degree and similar Masters, but coding has been primarily a hobby since I graduated (i.e. I can make pretty much what I can think of given enough time, but I'm shaky on the core concepts: big-oh, data structures, design patterns and algorithms).
My plan was basically to (re)learn as much as I can between now and early-mid next year (focusing on RoR) and build up my GH portfolio, then jump into Dev Bootcamp to fill in the gaps and get some introductions hopefully leading into a job. However, after reading your comment it makes me wonder if it'd be $12k wasted?
Any advice or input would be worth at least a pint!
Without knowing the extent of your coding experience and the extent to which your CS degree taught you the fundamentals, it's difficult to tell.
Some thoughts:
1. Dev Bootcamp in specific seems to be geared to beginners. Which is great for a beginner but not so great for someone with even some experience.
2. I've sat in on some of these programs, and even in programs that bill themselves as faster-paced the majority of students will be beginners. Which means that to a certain extent many things will have to be geared towards the lowest common denominator and a lot of time will be spent going over things that you already grasp well, while comparatively less time will be spent going over more complex topics.
3. The programs do help with introductions and they do a lot of heavy legwork in reaching out to employers. However, at the same time, the process of getting a job is, as I imagine (I have no personal experience with getting a job through this process), very much like a career fair type affair. I doubt the introductions will be the kind of quality/personal introductions that provide an advantage in applying. The introductions alone are nearly certainly not worth $12k+.
4. I think that as long as you have a marketable core skill (iOS, Android, Rails, Django, frontend JS, backend JS, etc), you should be able to attain the same job connections by attending engineering meetups and events in SF.
Some thoughts:
1. Dev Bootcamp in specific seems to be geared to beginners. Which is great for a beginner but not so great for someone with even some experience.
2. I've sat in on some of these programs, and even in programs that bill themselves as faster-paced the majority of students will be beginners. Which means that to a certain extent many things will have to be geared towards the lowest common denominator and a lot of time will be spent going over things that you already grasp well, while comparatively less time will be spent going over more complex topics.
3. The programs do help with introductions and they do a lot of heavy legwork in reaching out to employers. However, at the same time, the process of getting a job is, as I imagine (I have no personal experience with getting a job through this process), very much like a career fair type affair. I doubt the introductions will be the kind of quality/personal introductions that provide an advantage in applying. The introductions alone are nearly certainly not worth $12k+.
4. I think that as long as you have a marketable core skill (iOS, Android, Rails, Django, frontend JS, backend JS, etc), you should be able to attain the same job connections by attending engineering meetups and events in SF.
Many thanks for the input, mate - I very much appreciate it. It's extremely helpful getting a more objective viewpoint on bootcamps, since the majority of information out there is from alumni and will always be positive.
My degree was faiyly comprehensive, it's just that since I graduated I have become pretty rusty on the fundamentals, but I guess that's something that should come back to me with a bit of revision.
I guess my main worry was the difficulty of finding a job in a new country with no prior connections and no real professional experience, but I guess I've got around a year to make myself marketable and attempt to build up a few connections from across the pond (maybe I can find a few Rails OS projects willing to take on an eager learner).
Thanks again!
My degree was faiyly comprehensive, it's just that since I graduated I have become pretty rusty on the fundamentals, but I guess that's something that should come back to me with a bit of revision.
I guess my main worry was the difficulty of finding a job in a new country with no prior connections and no real professional experience, but I guess I've got around a year to make myself marketable and attempt to build up a few connections from across the pond (maybe I can find a few Rails OS projects willing to take on an eager learner).
Thanks again!
Yes. And maybe even consider saving some money and then coming over to Silicon Valley for a period of time in order to network and get job introductions by attending meetups and such. SF is the place to be for networking (at least for small-medium-large sized startups), but it is VERY expensive. The networking opportunities in Palo Alto/Mountain View are comparatively fewer. If you do make the decision to move over to SV, be sure to post an Ask HN about recommendations as to where the best and most affordable places to live in SV are.
Hack Reactor. Nothing I can't learn on my own, but job prospects seem much better post boot camp. Plus the whole immersion with a sense of urgency idea just seem much more effective than a year of self-study. Not to mention the networking. I think the next best option is self study supplemented with paid resources - Codeschool, Thinkful, Udacity, General Assembly, etc.
What are your goals? For the next year? Five years? 20?
Retire at 40? Start your own business? Start a family? Get in shape? Become a professor?
Your goals will help to shape you self-investments.
If you don't have goals, perhaps take some time think some through. Without a goal framework, determining the ROI of your alternatives will be difficult.
If I was you, I would probably pick up some hardware and do EE projects. I absolutely love electronics and hardware, but can't afford to buy any of the equipment involved so I saturate my free time with programming. College is like a horrible curse for EE fans, all this free time but don't have any money to afford the equipment required to fill up that free time with interesting projects.
There's loads of exciting stuff you can do with hardware. Some projects I really want to tackle include stuff like fancy led-embedded business cards, disposable USB sticks, and an autonomous drone that can deliver take-out. There's sooooo much cool stuff you can do, but the equipment required is pretty expensive, and mistakes can be costly.
If you want ideas, hackaday is loaded with them. http://hackaday.com/
There's loads of exciting stuff you can do with hardware. Some projects I really want to tackle include stuff like fancy led-embedded business cards, disposable USB sticks, and an autonomous drone that can deliver take-out. There's sooooo much cool stuff you can do, but the equipment required is pretty expensive, and mistakes can be costly.
If you want ideas, hackaday is loaded with them. http://hackaday.com/
Depending upon your present condition, spend some of that time (and it shouldn't require too much of the money) on your physical health.
Not only will it improve your current cognitive function, it will enhance the likelihood of additional months and years of (higher) productivity and satisfaction on the tail end you your youth as well as your life.
Not only will it improve your current cognitive function, it will enhance the likelihood of additional months and years of (higher) productivity and satisfaction on the tail end you your youth as well as your life.
My wife and I hired an investment coach for less than $5000. Now we have our first investment property (cash flows around $10K annual) and a plan for early retirement.
Knowledge is valuable, knowledge that helps me create free time is even more valuable to me...
Knowledge is valuable, knowledge that helps me create free time is even more valuable to me...
I'd buy server hardware on eBay, rent some colo space to host them in, install OpenStack on them & rent VPS' to clients who need cloud services.
I would take some courses on online marketing : how to increase conversion rate , landing pages , email marketing ...
Do you want to make yourself more valuable to future employers or do you want to build something for yourself?
I would travel, period.
I've decided to set aside a max of $10,000 during this time for personal improvement. My primary background is in distributed systems but I've taught myself large bits of machine learning (at the level of Andrew Ng's classes on youtube - not the coursera stuff) as well. Initially I was thinking of getting my second master's - this time in machine learning but those are more like 30-50,000 and a 1-2 year commitment. I'm learning things like Android/IOS programming right now but those kinds of subjects i tend to pick up quite quickly from the internet and books so i'm not sure if I would pay for classes on those subjects.
I was also thinking of stuff that's not related to computers like taking part of an mba curriculum or taking lessons in public speaking, negotiation, marketing etc. As a 35 year old coder, i'm also thinking about what's next in my career - i like hacking a lot, but I don't know if I should be investing in more management skills/credentials since i'm not sure i'll be able to get a engineering job at 50 (evidence showing otherwise for 50 year olds on HN notwithstanding).
So, I thought i would ask the HN community for ideas - how would you improve yourself with 10,000$ (or less :))and 8 months ?