Don't even imagine a long term career in IT BECAUSE.....| Learn about this TODAY
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- Опубліковано 6 чер 2024
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In this video, I shared the reality of IT Jobs after 40 years. The reality of Corporate job in 30s or the reality of IT Industry after 40 years age is that you will face many new problems in your corporate job or IT job after hitting the age of 40 or 50. IT sector job reality is often not presented very clearly to new IT Job aspirants who are looking to build an IT Career through their first tech job. This video will tell you why Senior IT Managers are not very well off compared to younger IT Employees. We know the reality of IT Job for young IT Employees, but if you decide to reach the age of 40 or 50 in the IT Industry then these are the problems you may face.
The harsh reality of IT Jobs is that it is not good for employees at any stage of their careers. IT Sector news will tell you that apart from being hit by Layoffs 2024 and within it the IT Layoffs 2024 and Tech Layoffs 2024, many senior IT Managers are also resigning, The reason for this is explained in the video and why the reality of IT Job for senior IT Managers is often not well represented in the media. IT Job after 35 years is difficult to pull off, even if you manage to do an IT Job after 40 age, you will stand many career risks because of the changing reality of IT Jobs and the harsh reality of IT Industry in general.
In past I have made videos on the future of IT Industry, Layoffs 2024, future of IT Industry in India, reality of IT jobs, why Indian IT employees do not get equal support and respect from foreign clients among others. I believe that indian IT Industry is here to stay for some time but the Indian IT employees need to evolve and learn the changing market dynamics if they wish to stay relevant in the future. The relevant and useful IT industry news from this point of view and also the business insights from IT Industry share news can help IT Employees take better career decisions.
The purpose of these vidoes is to share the right information and perspectives with the IT employees to help them make the best decision for themselves in the future. Career growth in IT Sector can be very appealing if you understand these tradeoffs and then make a calculated decision for yourself. Various risks associated with doing an IT Job after 30 years, or IT Job after 40 years are shared in the video. The reality of IT Jobs after 30s is not very different from the reality of corporate jobs after 30s but there are some features which are unique to the harsh reality of IT Jobs which many employees do not know about until they reach a particular stage in their IT Careers.
For more videos about IT Industry News, IT Sector share news, Reality of IT Jobs, Reality of IT Industry, Tech Jobs, IT Jobs, Career Growth, Corporate lessons, and upskilling, reality of coprorate jobs, reality of corporate world, do follow the channel. Hope you find this video valuable, see you in the next one.
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About Me
I publish meaningful and valuable content on this channel. My aim is to make business news more accessible and easy to grasp. If you find my videos informative and insightful then make sure to subscribe and leave a comment. I’ll see you in the next video
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Hey man, don’t loose your faith. I’m 57, and on my last project (1 year ago) I worked as solution architect for $140k on W2. I watched the market and spent some time to practice and take certification (Salesforce) for that cloud and I took a job. At 40 you are in top shape, you have a hands on experience and so much energy for next endeavors.
P.s. I wrote my first code 40 years ago, and don’t think I’m not tired of endlessly learning and certifying, but can’t see myself driving truck or working as plumber (I respect those positions of course, just want to say I still like this f..ng IT 😊
Wow mam...u r such an inspiration.
Midlife crisis is something every IT professional will undergo during their 40’s. I am already into it. It’s common to lose motivation but keep pushing. All the best.
All the best!!
Do you feel like you've wasted the best years of your life?
I have lost it at 25 already 🤷
@@PavanSathiraju Sir Thank you
@@limboslim4296 it’s never been a waste of time. All these years I have learned and earned, enjoyed travelling and meeting new people. It’s all about our mindset.
There is a saying: "If you think that an expert is expensive, wait till you hire a beginner! "
Very relatable video. This statement "Client is God" is like prayer for Indian IT service companies.
sorry to tell people here
people's in their 30's to 50's with IT and a topmost Job are having some type of ailment and we can see many private hospitals packed with them if you visit a doctor.
Fastfoods/ day today activites / Loans are the main culprits which spoil your health.
I request all working professionals to atleast eat 2 Nutritious Meals twice a week.
Heart attacks and Cancer is on the rise
as a Medical professional in Bangalore I reommend that you change your life style to eating Ragi Mudde - Kozhi saaru and Soppu with Rice to avoid Much Gas.
it is recommended that you watch some English learning YOU TUBES and better your ENGLISH skills( with native English speakers) as these days any language can be learnt free of charge at the press of a button thanks to youtube unlike good old days !
the guy is giving health advice, you either take or leave it, criticizing his English proficiency is silly
One thing i am silently noticing in office cafeteria, there are very much less people in 40s and not a single person found in their 50 except ceo and directors.
Most of people working and settled abroad feel like only India service providers treat clients as 'god'. When my team talks to the third party vendor based in Romania/Poland they do their work usual and never fear to tell 'this cannot be done'. That is the major difference which I realised after working 15 years in UK.
Most Indian IT companies are unprofessional and promote their staff using mean measures to impress the clients and move up the ladder .
On the other hand teams abroad are straightforward and act professionally.
They work hard and focus on their tasks rather than impressing people.
Absolutely right. I have seen this first hand the Poland team were speaking their mind and the Indian management simply was pacifying them. But Indians were supposed to do whatever is told
💯
It is due to supply and demand in India I can fire u and there will be thousands of qualified candidates ready to work at half your salary this is not true in other countires where there are lesser candidates
This word needs to be spread more😢
Very insightful thank you for sharing openly as we need people to be like you who help the people with their future. Directors and CFO leave in 5 years max so all our work is all bull shit after we reach to the top in corporate 💩 …after many years they don’t share all this. Best is business and own brand
This is exactly what an author is said and he has written a book also ‘ Be so good that they can’t ignore you’ , another book era of average is over book . We can’t avoid, look at how investment bank have become, they have been laying off and hiring IT guys to automate anything and everything. This is the reality, love or hate it you can’t ignore it. Any technical professional need to understand how to ride any technological wave either cloud technology or machine learning or AI wave . The era of learning 4 years at university and spending rest of your life doing same is over in 2010 when cloud computing came into the market . We need to accept and move on and understand what needs to done rather then CRIB and CRY about how good it was in 2000 or 1995 etc
@nagesha1978 is investment banking dead now ?
true. i don't even think for tomorrow.
you should
Eye Opening Video, if I ever wishes to quit or feel like lower cost wages,, I remember the days when I slept on railway platform, working hard as Intern when most of my Office Colleagues enjoying Longer Breaks and More Pay
Totally agreee what you said. I think IT Is going to worst in next 10 years. Now it’s not long term career
that's ok guys, ppl working till 40's or early 50's already earns a lot of money. move out of IT & start something fun on your own. those days are gone where ppl retire only at 60. be GEN Z :)
Ghar Wale ko manana muskil
@@osamaobama1574 Gharwale sab mar jayenge tabtk.
Biwi toh khud chahegi job wob chhodne
What can be done any examples
@@AlokKumar-fh9gy sell pani puri
Pani puri wala tere se jyada kamata hai..@@pb25193
Thanks for Video. That is 100% correct, we just signed a contract with a big Company to provide IT-Security Services in EU. The Management told us that they have a terrible experience with one of the Company you named in the video. They want to get rid of them... Reasons you already mentioned in your video 👍
@Pavansathiraju, you Nailed the point Clearly, boldly & beautifully - the Reality face of IT Sector.
IT is not for everyone, I have seen many people move from Engineering backgrounds to IT during my 20 year career just for good money, the folks who have passion will survive and continue to make more money. Been in US for 18 years, work as an IT Architect for a manufacturing company, been through the 2008 financial crisis, survived all downturns just because of exceptional skills. Don't take suggestions from losers, keep your skills up to date and you will stand out from the crowd. Even if you lose your job due to layoffs, you will find one in just few weeks. Don't let your self down ever. One last thing, try to get out of services companies, you will never get the credit for your work nor you will make good money.
Would love to have a quick conversation with you Kiran. Can you drop me a note at pavan(dot)nitrkl(at)gmail I think you have a lot of insights that could help the folks in 20s and 30s shape their career with practical insights.
Now we understand why we should strat Content creation in you tube like you..this is the only way now after 40
I am closing in on 40. I was demotivated and lost till couple of years back and the. Reskilled myself and then transformed my career , i feel the market is always ready for you , it quality experience. Experience is invaluable.
Either optimise or become more agile in mind so that u keep learning new things
Excellent !
This is what I am going through ...
Wonderfully put!! So true.. rightly pointed out. So true
Awesome insights, very precise
Every year they come up with reduce cost whereas the inflation is high. Service industry does not mean it's slave industry
you don’t owe your co anything. Give them 9-5 and use the free time to figure out how to manage your finances , future plans..
thanks for making this video, this was in my mind for so long, good to know someone is talking about these facts.
Superb video👌
Good to keep the ship light and train the children to drink less fuel else at 40 plus life will be of full anxiety ! I am 40 plus 😢
Prepare for govt job or have ur own business is the silent message given in this video .
I would say, there will be an opportunity wherever there is risk. We need to think differently to identify and grab it. This is true even today and in the future. Experience always pays off. Domain knowledge is going to be a huge deal in coming years, companies will rethink to hire experienced individuals.
This video so relatable to me, as I am at 40 n going through same situation n I wasn't aware this is called as midlife crisis until recently came to know. Only, things make me work is my interest in technology but same time my mind thinks, to try something else but then responsibilities are there. Anyway, your content will help me to think in certain directions definitely, Thanks.
I am 40+, working on same technology for past 20 years and 18 years in same company with much lesser payscale.
What would you suggest if I want to move out after upskilling in new technology and which ones I could go for ?
This is what happening IT industry "Cost driven".
To take the discussion of coming out of IT career needs lots and lots of financial planning.. If properly done then I would say don't quit entirely but atleast switch to a company by reducing your CTC..
Which company allows low stress work for lower CTC?
In my opinion, upskill is important to survive in any industry. People have to ready to learn new technologies and upskill themselves. Career transformation is also play a important role to sustain in long term.
absolute truth !
Agree, but at few instances or projects/companies you don't get time to upskill as well they keep you so occupied that you feel so exhausted and when ever you find some time you can just think of some rest. Up skilling also needs some fresh brain or mood to think and learn
@@rambalaji7552 you are giving excuses which won't suit for IT job
exactly the same for me in Vietnam, I used to work for HCL . their competitors were Wipro, Tata.. they tried to bid as lowest price as possible to win the deal
Most of his videos is about problems which going to be major on later on days and I must have to say these are really demotivating. Sir you must should be realistic but talking things as you could make it more encouraging for people's who are putting hard for it
Yeah I should stop watching this
It's reality
Don't watch now , 40 ka hone ke baad dekhna
Don't get demotivated, ppl who have started their own ventures will always have something against the corporate jobs not that startups are easier
Cause fear sells 😂
People at lower level suffer when senior/top management who make UNREALISTIC PROMISES to clients in order to impress them OR to get the new work.
I worked in teaching profession at initial stage of my career. I got into IT when I am 29 now I have around 7+ years of experience with senior developer role in an MNC. I can feel that there is no job stability and uncertainties in terms of long term career. I would definitely need some inputs to grow my career..
You must think of the second option if you're working in IT.
Your all vidos are very valuable. You always present the fact.
Good speech ... pls give us a picture of Startup as well 🙏
I am facing midlife crisis since 7 years. I am somehow hanging on. Now I am 40.
I don't think you need to hang on. Also, how long can you hang on? It's better to take action towards coming out of it.
How much savings and investment do you have?
@@gautamsrikrishna what is the meaning of midlife crisis?
@@Raja-dm7jknot understanding what to do with life in middle age(40-50)
Product based companies are lot better than service based companies. I worked in one service based company and left it within 5 months. Very hectic and health ruining culture. Never going to work in service based company in future.
Hi Pavan, please do a more detailed video on established and new GCCs in lndia, thier buisness model, opportunities and issues?
I did a few videos on this topic already. Specifically on GCC. Do check!
You look like one of my teachers whose name was Subhash sir. He passed away due to covid. 😢 Be blessed and keep up the legit work!
good one
I'm right at this point in my career where I'm confused between which career path to choose. Stay in IT, become a manager in my 40s and face the problems you mentioned in the video, or take the risk and go for an alternate path like building a startup from scratch. Thank you for the video it did help me in deciding what to prioritise.
what is your decision?
Switch to managerial roles.
How much savings and investment do you have?
@@anshuswetanjay Enough to last atleast a year.
@@prasannakarthik7721 didn't you invested properly or did something like FiRe?
There's no stability in it.. it's a well-known thing..😊
And here I am trying to get into IT at 31😅😄
Same 😂
30-34 is the age where I want to transition out of IT and into the physical science space (healthcare). I'm 23 now.
Same here 😂😅
@@adamasimolowo8285 How can we move from IT into healthcare? Any ideas? Since we don't have any degrees for that field?
@@sid7161 Going back to school part-time while working.
Which industry is bullet proof, in the last decade almost all industry is having the same trajectory.
Hey Pavan, what are the career paths you suggest other than IT and Govt jobs. I'm in IT industry in starting phase like 2 years in the industry after B-tech. I was thinking about career in finance in long term. Give me your POV.
Jobs are in IT sector only. Jo bhi hai yehi hai.
Sir I am selected for FSE role in indus tower please tell me is there any growth or not for female?
switch to a product based company
I have worked with indian teams in different companies. Nice to hear that you keep your self esteem so high. From my point of view and my experience "i" are unprofessional, lazy, find any excuse possible to not do their work, they need months to accomplish simple tasks that can be done immediately, with limitless errors and bouncing the problem back on you, no accountability, no help and they sell personal data of the clients, clients' clients and then suprise suprise you receive the calls from scammers. Oh, and dont forget about incredible nepotism and favoritism as a part of the culture. Also hatred and sexism towards women. No, thank, you.
simple solution.. just spend some time everyday with what you love more irrespective of you carrier.
In core industry also ,the people are doing same things every day in Their 40 s
So many don't get the opportunity of 15+ years of well-paying jobs. Companies can't be top heavy. The economics don't support a top heavy workforce. So, naturally significant portion of that workforce end up in alternative careers. A young person/ new college graduate need not stop aspiring for an IT job being afraid of being thrown out after some age.
he should be afraid off....only when u r afraid of, you will think of alternatives..else u will struggle in 40s...
Are you from sir?
No sound ???
It's easy to lecture but what is the alternative for the mass
Do your own business. Start running a small business and work hard on that to turn it into more branches and franchises. Read business books and attend webinars. Explore entrepreneurship to get more insight about it. No matter how well paid and popular job you have it's not worth it anymore. Gone are the days when people used to enjoy life by having a job. It's more painful and stressful now. Why do we invest hell of a time, money and hard work in getting higher education and end up working under the gun(boss). The corporate ladder is shit.
I am 34 kinda terrified, now Cybersec project manager but I know more what I do.. I want to be cyber architect
What we need is to upskill from traditional tech to new age tech like 1) Low Code/No Code platforms- ServiceNow, Salesforce etc
2) Integration tools : Because companies are using so many platforms(SAP, MS Dynamics, ERPs etc)
3) Learn to automate redundant process (Robotic Process Automation)
4) ML/GenAI : learn to finetune models to automate tasks for recommendation / suggestion / prediction systems.
5) Learn to make sense of data. By this i don't mean to create beautiful dashboards (my manager calls it रंगोली😂😂) but reports that could drive decision making.
This things can make you a good career but yes even after these things , we always need to upscal ourselves. 😊
True words man 👏👏 instead to give 10-12 hours to company daily . Give that time for your own startup , not in 1 day but 1 day you will achieve everything then freedom is yours only
Correct hai..👍
Sir. You have a typo about Delivery: it became Delivary cost
Sorry about that!!
What do you think about technical architect level? If technical architect, can I survival it industry? How to improve communication skills?
Yeah those guys will survive...but again that role is cost driven...problem is this....he mentioned in the above video...people with high package are removed first because profit margin is 2 or 3 %
Just accept lower package to survive longer or just move to Europe/US if u want to work till 80s
@@kgf_2030what if people in USA or Europe DO NOT want you?
After a while, I watched a valuable video from this channel.
Why did you find the other videos not helpful. Let me know. will try to make sure and incorporate feedback! Thanks
Most of them are not wroting efficient code. That’s why see lot of bugs in every app.
Very well articulated... But no solution. We have to either dig our own grave or build our own path... 😂
Building our own path definitely sounds better:)
Yes truth is a pathless land
sir tell me is there any danger to IT due crowded ness and AI as I am btech student
You will ALWAYS find opportunities.
Is this scenario applicable in US CANADA UK ? Do people in their 40’s struggle there as well ?
Nope.... people are still working there in their 70s
@@viswakanth9002 will it be wise to say that one should move abroad when hitting this age ?
@@adav2732 nope...
@@adav2732it’s over man, the countries you have mentioned do not want Indians
Kindly guide me how to come out of the crisis at present in this extremely developed system (developed mode of production), and lead the balanced life, without sacrificing the fundamental rights given to the citizens of India by constitution of India within our life time.
Can you post some positive videos also... For IT professionals.
I'm not Indian but worked for HCL for a short time. It was terrible. Now in my 40's, I'm glad I invested my money well because I knew that
1. Technology will change fast and may render me obsolete in IT within my working lifetime
2. Age discrimination in technology and work generally will get worse so the timeline to reach financial stability is shorter than in previous years.
3. At some point I will want to have the choice to do something else more interesting or fulfilling.
Save and invest to have choices.
Forget IT and all that crap, I wana be a content creator and a UA-camr 😎 more money, more time and more hunnys 😜
Please share your experience and struggle when you quit the job
Will do!!
Excellent analysis and very true!
Why do a job, first of all, do business. And today starting especially online business doesn't require much capital.
🙏
People management will never taken by AI !
What he meant is there's no place of purely people management profile. In IT 80% of managers are technical experts who manage their team as well as do technical jobs - ie. Coding or configuration, etc.
Projects are approved with at least 20% margin.. finance doesnt approve projects.. lots of misinformation
Ain't people in 40s have enough investment and savings to retire comfortably (FiRe) and do some startups?
So you think FIRE Is that common.. especially in India?? Heck even mitual fund investment has recetly started picking up..
But yes.. given the average career life of an IT person in India.. FIRE is a must..
Bro those who are married and have kids and want them to give good life then it is impossible. education of kids is already so expensive.
@@kamartaj3010 people need to accept the fact that you can't afford a kid..
Or else you need to go to a smaller city or village.. There is no point in raising a kid when you yourself and not sure about job or have no financial backup..
@@sanketnegi1 I'm not into corporate so I don't know much but I've heard a lot from corporate guys about FiRe.
I'm 44 years old now at an architect level . Rock star coder now my productivity has increased by 50% post genAI and the best part is I'm a mechanical engineer 😊
Earning ~ 13 lacs /month post tax
Only gyan I will give , keep pushing yourself to extreme don't be afraid, come out of comfort zone ,face the challenge,burn midnight oil 🪔
You will rock
Great to hear that
You much be Out of India
Either u re in product based or out of india...only 2 things can give u that level of package...no surprise 🙂🙂
I like this spirit.
Burn midnight oil for how long? Is work the only priority in life?
Really now need inputs what are the next options available for the guys in 38 to 48 range who can exit from IT world start MSME or Partime Jobs, In This world life expectancy has increased a 1 Lakh per month once you are out of corporate world still a great motivator and self paced work. Do share some Deep Dive insights how to start a business sustain or suggest some so can start parallelly with some extra effort.
Will do Dinesh!
Shift to a product company.
Sir I am currently working as sub inspector in up police…I have worked in Infosys for 4.8 years as manual tester..my age is 27…I am satisfied with my job but salary is less(60k per month) as compared to my corporate friends(20lpa)…would making a switch to IT for earning more money be a wise idea?
Though I was not asked to answer you, I feel like responding to you. Grass is always greener on the other side. Many guys in IT(including me) regret for not trying for government jobs so that we will have a stable income till our late 50s. High income in IT comes with a cost. You have to prove to people every single day. They will make you feel that you are not capable enough though you give your best. My humble suggestion is to stick to your stable job, at least that gives you the much needed confidence in life.
Bhai under the table kitna mil jata hai?
@gajandeva please don't mislead him. Stability leads to rotteness inside.
@@MrNaishadh I gain nothing if I mislead him. I'm talking the fact. At one point,you don't get to enjoy your work. Just rat race in corporate to get promoted or just to survive. One in 10 employees work with the same spirit as they did when they joined. Remaining 9 compare their earnings with the nearby tea shop earnings and want to start something on their own. By that time, their family commitments will stop them to do what they love.
@@gajandeva hey your replies are really meaningful.... In my case i am 26 and still preparing for a govt job ... But in the long run there is always in mind that I should do something of my own at least have 2,3 lakh per month income or revenue with very less time given to it .. which i have no idea 💡
Also I want to stay at one place (jaipur) but the govt job is mostly transferable that's the problem and also the salary reaches as per the current need at the old age ...
I think people who accept it ..save all their life and enjoy at their old age
Nothing will happen to Indian techies .As India is IT super power and world cannot survive without Indian professionals .
I am sure!!! Hence opportunities always exist. But, it is upto us to take it and push through vs. not
Then why there is not tech giant company in India?
This is called bodyshopping
My husband and I were fortunate enough to be able to pay off our mortgage early. We were both still working, and took the payment amount that we had been using to pay off our mortgage faster and we put it straight into investments. We were able to retire early because of almost 7 years of putting away what would have been our mortgage payment as well as maxing out our 401K/403B plans. Thankfully we were taught by both of our parents the value of living within our means. Thank you for your advice. I know it will help people. we are interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Deborah Lynn Dilling is the licensed advisor I use.Just research the name. You'd find necessary details to work with to set up an appointment
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
What about people in product companies like Google , Amazon ? Are they too quitting after 45 ?
All of you guys, just make a local dhanda and sleep
As someone who has joined BTech is CSE at age 30, this annoys me a bit.
But I'm not demovited a bit.
Bhai 30 me BTech kaun krta h..
Toh kya karna chiye aap batao..
@@akshaybhatia7977
@@akshaybhatia7977toh phir kya karna chaiye aap batao...
no need of b-tech, just start your own project
@@sansapps5350 👍
Already on it..
You are saying in a neutral way
Solution Kyun nhi dete ho bas mann Mein daalkar chale jate
Pawan, disappointing, your message if there was one got lost in video…
Your videos always scares me... I'm at the first step in IT... Im moving from Non IT to IT at the age of 31😢😢 and i feel dailamaa..
Nahi milta Bhai job. Mai 32 ka hun , 30 se try kar raha hun IT mein job ka nahi mila, ab mai law ko admission le liya hun 36 ke bad law practice karunga. Best luck think again.
Pagal hai kya. Career khatam hone ke time entry karraha hai.
@@kgf_2030 bhai uski galti nahi hai . Kuch fake trainer UA-cam aur online ed platform par Hain Jo fake inspiration maarte hai. Lekin unka paas koi whistleblower nahi hai.
Mai khud victim hun
1 lakh ke skill le kar jobless hun.
@@kgf_2030
Who told it's exit time he is 31 not 51 or 61 if have skill u can survive in IT
@@livinginthemoment3371 keep living the flaky dreams.
I am 31 what should i do ...
Prepare for government job
I am 33, 4 yr experienced. My job gave me with only 3 options Eat Sleep and Work. Got less decent salary in return. So 31st December 2023 I quit my job and started a small business of my own, I wouldn't call it a startup. I hope I would be able to generate a sufficient amount of money for smooth life experience.
Delivary=Delivery
so you want to quit before they FIRE...OK
Isn't that always better? Atleast we are prepared.
Then they can do it with 2 it interns in the us without even contacting an Indian it company 🤣
Worst talent gets into service companies...
People loose money on too many liabilities...
Panic is inevitable for these people