If You Want To Be a CEO Become An Engineer First - How Money Works

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Tim Cook the CEO of apple was awarded 853 MILLION dollars in total compensation for his work in 2021.

Mr Tim Apple wasn’t even the biggest earner last year, Rivians CEO Robert Scaringe took home two point three billion dollars in compensation and the one and only Elon Musk was awarded more than ten billion dollars in Tesla Options.

Perhaps these two are a little more deserving because they were the founders or very early personal investors in highly risky companies utilising unproven technology. But most CEO’s didn’t take such personal risk and many are still enjoying nine figure salaries.

This isn’t another video to complain about how unfair it is that the average fortune 500 CEO now earning more than 324 times the median employee at their company, we have heard it all before and it doesn’t look like its going to change any time soon no matter how much the internet complains about it.

Now would be a good time to remember the age old anecdote, if you can’t beat them, join them.

So it’s time to learn How Money Works and get yourself a step by step guide on landing a job as an egregiously overcompensated corporate fat cat CEO

#howmoneyworks #ceo

Edited By: Andrew Gonzales

Music Courtesy of: Epidemic Sound

Select Footage Courtesy of: Getty Images

All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.

[HowMoneyWorks]

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[tealeyan]

Nothing can convince the investor better than:

"Trust me, I'm an engineer"

[BusterDarcy]

I’m 43 and a VP at a tech company and my path to getting here was far from conventional, but the main thing I want to share is that I have zero interest in one day assuming the role of president. The difference in responsibility and pressure is exponential. No amount of money would tempt me to take that leap.

[borislavlazarov]

Becoming a CEO is great and all, but my perspective changed drastically once I started counting the number of CEOs who have died from self-induced stress related illnessses. Knowing how much is enough for yourself is key in this world, at least I think so.

[pioneer_]

I'd also add that engineering (and most sciences) focus heavily on distilling complex tasks down into approximations which can be more easily solved. That's a pretty solid basis for management.

Btw as a side note most people think that physicists, engineers, e.c.t. spend their lives finding exact solutions to problems with tonnes of maths. Even simple equations like Newtons are unsolvable in most real world cases so almost everything is done on very accurate approximations.

[lukeszczepiorkowski]

"The worst financial transaction you will ever make is selling yourself short."

- Greg Gilbert

[Maddison]

Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!.

[arnoldmarcus]

I’m an engineer now working at my 3rd venture backed start up. The earlier you join the higher the risk, but the greater the reward and equity compensation. I highly recommend start ups because there are very few bullshit jobs and lots to do, so you learn a ton and stay sharp. But it comes with risk as most VC backed start up companies fail.

[billybobthornton]

As an engineer working in R&D at a large multinational corporation, I’d rather stay an engineer in my little corner programming than become a brand to eventually have a small potential to earn millions of dollars each year. We all want the money, but the sacrifices to get there are just not worth it. I’ll happily and gratefully accept my six-figure salary for the rest of my career if I could just remain an engineer.

[Fuhrerjehova]

You are 100% correct regarding the fact that engineers hate the finance bros. Even at large boring companies. It's just that on large boring companies nobody gives a shit about what R&D thinks 🙃

We also hate HR.

/Engineer at large boring company

[davidebic]

As an engineering student this gave me some hope, but on the downside I doubt I'll ever get into Harvard...

[zBMatt]

Anybody who is good at solving problems can become a great CEO. That’s the job and every company from its infancy to dynasty requires somebody at the helm who can identify and fix problems.

That’s kind of what engineers do. It’s also what everybody in a STEM field does.

[jumtvik]

Wanna be a ceo
1. MBA from Harvard
2. Work experience
3. Competition
4. No surety

Wanna be a owner?
1. Start something
2. Consistency improvement

[kurczaczak]

The biggest problem with being rich and influential is that you are a brand, which seriously limits what you can effectively do. If you get drunk and fall asleep on a park bench, not only your friends will ridicule you for that, but the whole world will ridicule you for that and your value will plummet.

For this reason doing anything that requires the person themselves to be a brand just sucks, and it's much better to be a highly valued corporate employee while remaining completely uninteresting to the outside world, preferably with a common name and forgettable face.

[tommyhuffman]

I hope guidance counselors show this to their students. You give solid, data-driven advice!

[gimmick]

"Ever heard of Casper?" "Oh yeah, that's one of the DTC business going bust right". That's what impression i get from the sponsor of this video. Would like to know if you think otherwise

[TheWolfXCIX]

Amazing video. I've currently got my bachelor's and am a graduate at a fortune 500 company so I'll take your tips to knuckle down and get my name out there!

[acasccseea]

funily, i'm in a havard MBA, but never even thought of becoming a multi millionare CEO.

but you've convinced me that I have everything in place to chase this stupid goal

[znti]

Loved the word of advice based on your own experience "and no further research at all"!

[benyuen]

Excellent video. I got my MBA from a top 20 school (the Ivys occasionally acknowledge we exist) and the path you outlined is realistic. I think it’s great that you’re providing this insight to a wide audience of people that are weighing different options and may be considering whether pursuing a CEO or executive role is the right choice for them.