What lucrative part-time jobs are out there?

FInance is tough because it requires long hours all the way to the top (until you become a senior advisor, member of some Boards, or similar). Even the IB MDs / PE partners I know are pulling rough hours well into their 40s / sometimes 50s.

Working with a HC services company has me incredibly jealous. The doctors / surgeons can go part-time and work 2.5 days a week for $300k instead of full-time for $600k (as an example). This simply isn't possible in top-tier finance. This got me seriously interested in med school, but that's probably unrealistic.

I'm confident in my intelligence and have been successful in my finance career, but would be really interested in roles where compensation is scalable up-or-down with productivity. Do these exist outside medicine, or should I continue to just try to take as much time between jobs as possible?

Thank you for reading.

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Comments (19)

Aug 9, 2018 - 12:16pm

Shameless bump. Looking for specific industries / job titles, if possible

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Aug 9, 2018 - 12:27pm

Tech is very much like this. As you accumulate knowledge in a specific field you become almost exponentially more efficient, and most coders know this. Once you know how to do the down and dirty work, you begin to understand the system, then you take on an advisory role. The really good coders will accomplish in three hours what a newbie would take a week to do, and it will still be better. Most management knows this, so they'd rather hire a seasoned pro to work part time than pay for a team of full-time newbies.

Aug 12, 2018 - 10:03pm
urmaaam:

Tech is very much like this. As you accumulate knowledge in a specific field you become almost exponentially more efficient, and most coders know this. Once you know how to do the down and dirty work, you begin to understand the system, then you take on an advisory role. The really good coders will accomplish in three hours what a newbie would take a week to do, and it will still be better. Most management knows this, so they'd rather hire a seasoned pro to work part time than pay for a team of full-time newbies.

Remote offerings in tech also sounds amazing - I'm looking into the bootcamps though I've also heard that they are a pass

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  • Anonymous Monkey
  • Rank: Chimp
Aug 15, 2018 - 9:34pm

Skip the bootcamps, most (if not all) are complete bullshit.

If you're learning some coding languages, your resources will be YouTube, Udemy, Coursera, and libgen.io (for downloading books). Go to reddit/quora or any other tech forum to get the right resources.

My recommendation is to spend a week or so learning the basics of Python - this should be your first language. Build a couple unique projects.

Afterwards, start focusing on Java - this is probably the most prevalant language in the industry (I remember reading 56% of code written in top companies is in Java). Spend a lot of time working on some projects to solve/automate problems in your daily life.

Maybe pursue a masters in CS? it's unlikely you'll get an offer from a top company with an AB
Switching to the tech industry is so easy nowadays - pay is on par with, or even better than the finance jobs most people on this forum get. My cousin is graduating from a pretty mediocre state school, just got a return offer from a FAANG - 108k base, 70k stock over four years, 50k signing bonus the first year, 34k the second ...

and everyone thought he was going to be a failure upon graduation based on the school he went to

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Aug 9, 2018 - 9:55pm

Know what's cooler that scaleable income? Passive income. Hustle, save, and invest homie

heister:

Look at all these wannabe richies hating on an expensive salad.

https://arthuxtable.com/
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Aug 9, 2018 - 10:02pm
GoldenCinderblock:

Know what's cooler that scaleable income? Passive income. Hustle, save, and invest homie

Agreed, I have a lot of posts on this :)

Array
Aug 12, 2018 - 10:45pm

Don't know if this is at all applicable any longer, but when I was in engineering school back in the day, I tended bar and worked as an events coordinator for a catering company. Over 25 years ago I was making $15/hr. + tips (when I tended bar).

Probably far too low-brow for this crowd, but money is money and this old bird was never too proud, which is one reason I am where I am now!

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Aug 20, 2018 - 8:01am

Not trying to high Jack the thread but what doctors do you know that are only working a few days a week? All the ones I know are grinding it out well into their 50s and 60s. I do know an ER doctor that works one week on, one week off (7pm - 7 am Mon- Sun). He is in a special field though. The only professionals in the field I know of that work like you stated are PA's and dentists. Probably orthodontists too.

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