Is it possible to earn 7 lakhs per month?

Is it possible to earn 7 lakhs per month?

Mentality of People

People in India often don't believe that one can earn up to 7 lakhs per month. The reason is that influencers/engineers in India are hustling for 4 years to get a job at Microsoft or Google to get 15-17 lakh per annum. People are in denial that earning something like this is not possible. They will get into depression if they accept it.

How to earn 7 lakhs per month.

  1. Start your own business. You can even earn more than 7 lakhs.
  2. Remote Work

How much can you earn in remote work -

  • For the Average person

Someone who's just starting, not extraordinary can earn 2 lakhs per month easily via remote work. Someone who's average in remote work is earning 2x of average FAANG India salary. Sometimes even more than senior employees(30 LPA).

"I was earning 30k per month when I started and in 8 months it increased by 8x." - Kunal

  • For a Decent person

Someone who has some experience in work and has credibility can earn up to 4-5 lakhs per month.

  • For someone who is very good

Someone who's doing amazing work, and having very good credibility(Like Kunal) can earn right after college or after 1 year up to 7-9 lakhs per month. It's not a big thing for US companies to pay this much because they are paying this to people over there too.

"At one point I was able to earn 35 lakhs in a month due to YT, freelancing, collaborations, and other stuff " - Kunal

You can do Freelancing like blogging, consulting, etc., and earn up to 1-2 lakh per month which is a pretty standard amount.

Tax is the same for people working in India like FAANG Employees as well as doing remote jobs. No extra tax you have to pay. Stocks are available also for remote companies.

If a company gets funding means that it will start hiring people. You can apply there. If you have skills they will hire you.

"Get mentorship from people who make money by themselves not from you." - Kunal

There are people besides Kunal who are doing amazing work in open source but they are not that active on Twitter. You can find them on slack channels or at big events.

No DSA course will help you get 7 Lakh per month. 1 Cr in the US is not equal to 1 Cr in India because of purchase power parity. 1 Cr in silicon valley is the poverty line because of high rent, tax, and other expenses it is not possible to save enough money. You don't need to buy a paid course for a coding interview. - Kunal

Q/A

Is it necessary to learn Web Development if you are working in the DevOps field?

It is good for the Software Development life Cycle. At least that much you should know.

How to find startups for remote work?

You can find them on Twitter or you can attend big events where these startups sponsor these events.

How much do certifications help?

Does help a little bit but for a person who's just starting is not mandatory.

Experience is needed for most the jobs?

For an entry-level job you don't need to have any experience just proof of work about what you did in college.

Is remote internship necessary or can we get a direct remote job?

You can get a direct remote job but you will need something to showcase. I would recommend getting an internship which can even get turned into a full-time job.

Can I get a job in DevOps without Web Dev knowledge?

Yes, but as I mentioned having knowledge of the Software Development life Cycle is good.

What is Cfps?

Call for proposals. It means that I want to talk at your conference.

How hard is it to get a remote job without open source?

I have no idea. The trend I have seen to get high-paying remote jobs is via open source.

I started learning GoLang. How to prepare for a remote job interview?

Depends on the role. Check role requirements. Ask questions about the job.

Do people get travel funding for talks at international tech conferences?

All my talks are funded by companies.

Do we need a referral for remote jobs?

A referral help. In remote jobs, it's all about referrals, networks, and proof of work.

How many open-source contributions are needed before they hire you?

Not the number but the quality.

How to get mentorships for cloud-native projects?

Get involved in the community, join the slack channel, ask relevant questions(not something that you can get an answer from google) and get ready to self-study because they will only guide you.

Does the Remote job give value to non-code contribution?

Yeah, I did a podcast on it. Video

Credits

This blog is created to summarize the livestream conducted by Kunal Kushwaha.