What types of computer based jobs would pay ~ $20.oo+ an hour?

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eyeballkid

Member
Oct 5, 2004
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Originally posted by: akshayt
Firstly, I am not going into a comuter based job.
What I would rathert go into is firm/company of investing,creative solutions,finance etc
Finally I would rather do my business than be in a small job.

Also,is it impossible for you to tell the margin of an importer.

The margins of an importer varies a lot. General rule of thumb: The more exotic your imported product is, the higher the margin.

Importers/Distributors of computer parts would most likely be dealing with margins from 2-7%. There is no direct correlation between price and margin. A common assumption is that higher-end products have higher margins, this is not necessarily true. For instance, lower end graphic cards (i.e. Radeon 9200 256MB) with lots of memory have considerably higher margins than high end graphic cards (i.e. GeForce 6800GT).

In a mature market, like the US, you would never be able to establish yourself as a importer/distributor of general computer parts. Your only chance would be in importing/distributing products to a niche market. A few years ago your best bet would be to cater the overclocking crowd. Now, maybe, the silent-computing crowd with htpc system components.
 

eyeballkid

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Oct 5, 2004
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Originally posted by: akshayt
How much profit does an importer get on a 200$ graphic card?
Also,if a MBA + Chartered Accountant gets 125,000USD without working anywhere before then how much would he get after 5yrs in the same company.

About $16-$19.

Salaries and MBA
Professionals with 1-3 years of experience that made about $60.000 before admittance to one of the top business schools, increased their salaries after the MBA year with approx. 160%, to $156.000.

Chinese professionals with 1-3 years of experience and salaries of about $33.000 before admittance to the top chinese business school (Ceibs) increased their salaries with almost 200%, to about $98.000.

To my knowledge there are no "world-class" business schools in India, as of yet. But a high five-figure salary should be within reach if you also have some worklife experience.

Without any experience whatsoever, but with impeccable credentials from school and a Masters degree, you should be able to land a job in the US with a salary of approx. $60.000. But be prepared to work 80-100 hours per week with two weeks vacation per year. This, assuming you speak fluent english with a rich vocabulary.


 

murph1437

Junior Member
Aug 11, 2005
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As far as getting a job certifications do help. Depending on where you are at you can be MCSE certified and have a batchelor's degree and almost write your own paycheck. I am currently working for Dell technical support. I'm working on a batchelor's in Computer Science and have checked out the certifications. A+, Network+, Cisqo, and MCSE are going to be the main certifications that employers are looking for. If you can get these certifications without earning a degree in Computer Science then it would be well worth it. Pricing on all 4 of these certification programs(only the first cisqo cert.) you would be looking at around $1500 total.
 

akshayt

Banned
Feb 13, 2004
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With 2% margin what the hell will you earn
can the owner of newegg,monarch or alienware earn even 1m$ annually?

Also,which type of business gives big money?
 

eyeballkid

Member
Oct 5, 2004
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Originally posted by: akshayt
With 2% margin what the hell will you earn
can the owner of newegg,monarch or alienware earn even 1m$ annually?

Also,which type of business gives big money?

2% - 7%. You can actually earn quite a bit when you move lots and lots of products (i.e. Newegg). [Edited: Just noticed that they've expanded their inventory to DVD videos and home electronics. Margins on those products are generally higher than on computer parts.]

Alienware has higher margins than Newegg. They cater to a niche crowd, whereas Newegg has it's eye set on the mass market, more or less. Alienware add a lot of value with their custom designed cases etc. They also use the same trick as Dell and Apple, by overpricing all products the customer can configure himself. My guess is their margins lie between 10%-20%.

Which type of business gives big money?
The more creativity that is required, the bigger your paycheck, the bigger your firms margins. Creative positions in law, advertising or banking pay from $100.000 to $300.000 annually, depending on the amount of value you create for your specific firm. Creativity is always rewarded, if you put it in good use, that is to save people money or make people money. An exception would be doctors (i.e. surgeons), but that is quite obvious - without your health, money doesn't really matter. Energy, specifically oil, has also provided a steady income for decades.
 

doinmybestatlast

Senior member
Oct 23, 2001
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At my company we pay $15 an hour for network admin out of college. They move up to $18 after 6 months. $20 is fairly easy after one year experience (California).

We pay Photoshop designers $16 an hour out of college. With steady raises they move up to $24 after a few years.

We also give bonuses that can go up to two months salary.

We are hiring former IT workers to work operational clerk type jobs recently because no one will pay them what they're worth. Their former jobs are now in India.

Go learn accounting. Our company has hired two Photoshop designers in China for $150 a month. We will hire a half dozen more. Our backup server will probably move there also. I can see that in a few years our main server may also go. We will then only need one person in the US for network administration.
 

akshayt

Banned
Feb 13, 2004
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Which sort of frim can earn several millions annualy just for the owner.
Can something like this do:
Startergy advice
Investment advice
Creative advice
Share/Stock broker
Advertising
Marketting
Importing and Exporting

all this done by a single firm
 

eyeballkid

Member
Oct 5, 2004
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Originally posted by: akshayt
Which sort of frim can earn several millions annualy just for the owner.
Can something like this do:
Startergy advice
Investment advice
Creative advice
Share/Stock broker
Advertising
Marketting
Importing and Exporting

all this done by a single firm

A lot of firms earn several millions for their owners annually. I do not know you, but I doubt you'll be successful as a owner of any business. No offence.
 

eyeballkid

Member
Oct 5, 2004
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Originally posted by: akshayt
why?
also,which kind of firms and how much money does one have to put in?

Let me get this right. You're asking, what kind of company makes money?
Do you have any formal education in the field of mathematics or economy?

If you lack intricate knowledge of the field your business operates in you'd be much better off investing your money in a combination of bonds and funds. Though a bit risky hedge funds have proven to give a decent return on capital over the years.

On the contrary, if you do have some knowledge of a business (i.e. maybe you're a stock broker), then maybe that is where your opportunities lie.
 

dclive

Elite Member
Oct 23, 2003
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Originally posted by: doinmybestatlast
At my company we pay $15 an hour for network admin out of college. They move up to $18 after 6 months. $20 is fairly easy after one year experience (California).

What, exactly, do you get from a network administrator for $15/hour in California, a state with a very high cost of living? What do you consider a network administrator's job description? What do you consider his skill set?
 

akshayt

Banned
Feb 13, 2004
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Suppose a person does BBA,MBA,CA(and lives in India) and Diploma in Adv + Marketing
what can he
 

eyeballkid

Member
Oct 5, 2004
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Originally posted by: akshayt
Suppose a person does BBA,MBA,CA(and lives in India) and Diploma in Adv + Marketing
what can he

make in the US?

With impeccable credentials, $50.000 to $60.000 in the first year. After that, the sky is the limit. It all depends on how well you turn theory into practice.

I do not want you to get the idea that education alone will give you a job in the US. It's one of the most competitive countries in the world. One of my best friends moved to New York immediately after graduation from the top swedish business school. Although he was one of the top students of his class, it took him almost 4 months to find a job in finance. Salary: $58.000 for 75-90 hours/week.
 

pulsedrive

Senior member
Apr 19, 2005
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Originally posted by: Aiwin
This is especially interesting to me, because your situation is very similar to mine. I'm a creative writing and lit major at Columbia College in Chicago, and one of my many hobbies/interests is computers. I worked assembling computers and doing light tech work for awhile several years ago, and spent awhile studying for both the CCNA (Cicsco) and the A+ cert, though I've never taken the test for either one.

I was hoping to maybe find a computer-oriented job out of college in one year's time (as well as maybe an internship prior to that during this, my senior year), based on the idea that tech places value communications people. For instance, a friend of mine just got a job directly out of college with his political science degree at $35K/yr with full benefits: he works for a real-estate company training their clients on how to use the company's web software, whatever it is. His tech credentials amount to "some web develoment work back in high school," which was neither professional nor paid. The company told him that they hired him because he has a degree which demonstrates his ability to communicate well. All he did was post his resume on monster.com and they called him. I've heard that's a really big deal, and I was thinking I might find myself a similar situation. Does anyone have thoughts on this subject?

Geek Squad does not do interships. Their techs makes anything from 10 - 14 an hour, all depends on exp. I started off at Bestbuy as a sales prod right out of college with a 4 year degree @ 10/hr, which is actually 2 an hour more than normal because of education and exp. Still not exactly what you would expect for someone with a 4 year, about 6 years of exp, and impecable work history. But you have to pay the bills. Ended up getting promoted to Senior(might as well call it a supervisor) of the computer sales dept within a month, making about 13/hr. Worked there at that for about 3 months then got moved up to the Tech Bench/Geek Squad as Senior making 16/hr. The funny thing is I was being paid over the normal they pay for these positions because of my background, so unless you have a good amount of exp or education backing you up, don't expect too much. This was in the Washington, DC metro area as well, which has very high cost of living as well.

Finding a good paying job out of college can take you a GOOD long while, expecially if you don't have any experience, as I said I have about 6 years of experince behind me because I worked all through college and before. It still took me 10 months to find my current job after I graduated.

As to someone saying that 20/hr was not possible in a help desk position is incorrect. I currently make 45K/yr which is roughly a little more than 20/hr.

There are jobs out there where the OP could make 20/hr, but not with his current exp and education/certs.

To the person who mentioned the A+ being a good thing, yes to someone without exp and no formal education it can be a good thing, but to anyone with more than a years work experience or a formal education it is pointless. The only certs that really make a difference in the long run are MS and Cisco.

Now just because I can't let this guy just keep talking with out comment. Our indian friend needs to get his head on strait. To get into a high paying job like he is obviously wanting to he will need to refine his english speaking/typing skills and get LOADS of experience. One: in the US you are required to have a certain amount of real world job exp before they will even let you INTO an MBA program. So the fact that you are coming out of one without any, puts you at a SERIOUS disadvantage to everyone else. Also, yes, there are some people who make it big very quick, but they are the minority, and yes YOU may make it big too, but don't count on it, always plan for the worst.
 

akshayt

Banned
Feb 13, 2004
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What kind of business can a person with these degrees do:
MBA
CA
BBA
Diploma in Advertising and Marketting

Also,after 5yrs what can he earn?

Also,which are the highest paying jobs in the world?
 

pulsedrive

Senior member
Apr 19, 2005
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Originally posted by: akshayt
What if i come from india with 2yrs experince

OK, the fact that you KEEP posting the exact same things over and over makes me think you are the brightest crayon in the box. You might not be entirely cut out to run your own business. The best way to go about finding a career is not seeking the most money but looking for something you are good at doing. The best way to make good money is to find something you enjoy and are good at, that way you can be one of the best in that field. It is NOT a good idea to just go searchign after the money.
 

dclive

Elite Member
Oct 23, 2003
5,626
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Originally posted by: akshayt
But in the computer importer business,how can i survive with 2% margin?

This is pointless. How can you keep asking exactly the same questions?
 

AmberClad

Diamond Member
Jul 23, 2005
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Originally posted by: dclive
Originally posted by: akshayt
But in the computer importer business,how can i survive with 2% margin?

This is pointless. How can you keep asking exactly the same questions?

He will keep asking the same questions over and over until he manages to find that one person who will disagree with the rest of us and tell him that he will in fact be an instant millionaire as soon as he steps foot in the US :roll:.
 

AutoGlitch

Junior Member
Aug 12, 2005
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First A+ certification is a joke, at least it was when I took it. I've seen some real idiots pass it without any real troubleshooting skills. Its true that computer repair doesn't really pay all that much, thats currently where I make my bread. Programing is probably one of your best bets for making a more money for intro level positions. Believing you can learn "programming" fast however leads me to believe that you have no programing experiance or a good sense of how programing works. The initial 'Hello world' programs and simple accounting software you make will be easy of course. With the right language I can teach you those in a couple weeks. When you get to debugging, multiple languages, error checking, networking, multi-threading, Object Oriented design, graphics, algorithm design, NP-complete (a big one)... these are just some of the things that a programmer will spend years to practice. NP-Complete basically means its a problem that can't be solved in exponential run-time. What if your employer askes you to solve it and all you know how to do is your basic sequential programing and brute force the answer. You need to understand the computers limits and tell your employer "I can't solve that problem, but if you give me X amount of time I can get you a pretty good answer".
 

pulsedrive

Senior member
Apr 19, 2005
688
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Originally posted by: akshayt
But in the computer importer business,how can i survive with 2% margin?

Where in god's name do you keep getting these figures, right out of you A$$? One: There is really NO way to know how much an importer would have in margin. Two: You really think that there is MORE need for MORE improters, not to mention it isn't exactly a small time business, so you can't just start with a garage and work your way up, there are HUGE busnesses already doing it, so I don't really think there is room for more, much less a half A$$ed startup.

Two: quit posting, you make NO sense when you do and we can't answer your questions because they HAVE NONE!
 

eyeballkid

Member
Oct 5, 2004
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Originally posted by: pulsedrive
One: There is really NO way to know how much an importer would have in margin.

Ever heard of of a quarterly report, containing primarily unaudited quarterly financial information, required to be filed with the SEC in compliance with the 1934 Act. Also, after having worked at a large distributor, it's not too complicated to do the math.


Two: quit posting, you make NO sense when you do and we can't answer your questions because they HAVE NONE!

Agreed! This is no forum for confused Indians when it comes to making it big in the US.
 

eyeballkid

Member
Oct 5, 2004
63
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Originally posted by: akshayt
But in the computer importer business,how can i survive with 2% margin?

Originally posted by: eyeballkid
In a mature market, like the US, you would never be able to establish yourself as an importer/distributor of general computer parts. Your only chance would be in importing/distributing products to a niche market. A few years ago your best bet would be to cater the overclocking crowd. Now, maybe, the silent-computing crowd with htpc system components.