Tech Vs Finance vs Startup to earn 1 Cr

The choice between Tech, Finance, or a Startup to achieve a ₹1 crore milestone depends on your skills, risk tolerance, and time horizon. Here's a breakdown:

1. Tech

Pros:

High earning potential in software engineering, data science, AI, and cloud computing.

Opportunities in freelancing, remote work, or high-paying roles in product-based companies (e.g., Google, Microsoft).

Relatively stable and scalable if you specialize in high-demand skills.

Pathways:

Pursue high-paying tech roles (e.g., senior developer, architect).

Build and sell tech products or apps (passive income potential).

Freelance for international clients (USD/Euro payments).

Timeline:

~5-10 years for steady career growth in top companies.

Faster if freelancing or creating a successful tech product.

2. Finance

Pros:

Lucrative for investment banking, equity research, and portfolio management.

Opportunities for passive income through investments in stocks, mutual funds, or real estate.

High bonuses and incentives in corporate finance.

Pathways:

Get certifications like CFA or CA to secure high-paying roles.

Work in wealth management or investment advisory.

Start early investing in equity markets (15-20% CAGR over 5-7 years).

Timeline:

~5-8 years in roles like IB/portfolio management.

Passive wealth through investing could take 10+ years.

3. Startup

Pros:

Exponential growth potential if the business scales.

Ownership of profits and freedom to innovate.

Opportunities to sell or raise funding.

Challenges:

High risk and failure rate.

Requires initial capital and strong execution.

Pathways:

Build a scalable tech-driven or niche startup.

Explore D2C (direct-to-consumer) businesses or SaaS (software as a service).

Network with VCs or angel investors for funding.

Timeline:

Highly variable (1-5 years if successful).

Potential to reach milestones quickly if scaling is fast.

Key Considerations:

Tech: Best for stable growth and leveraging existing skills (ideal for someone like you with tech experience).

Finance: Best for those good at investing and analyzing markets.

Startup: Best for those with entrepreneurial skills and a high-risk appetite.

Suggested Approach:

Combine tech and startup: Start a tech-driven business or freelancing service to leverage your experience.

Diversify income: Use finance knowledge to grow passive investments alongside active income.

Source:-

 https://youtu.be/-uyS0Pm2xoI?si=KjfdLaVVfTKx1Qb9