Indian rupee (Representational image)
In 2024, a world full of opportunities lies at one’s fingertips. From data and facts about the entire world's history to the latest news and from unlimited knowledge to easy wealth, everything is possible. However, with increasing competition and artificial intelligence (AI) tools on the rise, finding jobs that pay well can be tough.
Amid such a scenario, a recent Reddit post claiming that earning Rs 15 lakh per annum without an IIT or BTech degree is achievable, instantly went viral.
The advice suggested readers employ the help of technology and become startup owners in India thanks to a new fund investor company that has made the task extremely simple, even in India.
You don’t need to be in IIT, you don’t even need a Btech degree, you don’t even need a degree to earn a minimum of 15lpa.
byu/sid597 inBtechtards
The post mentioned using the Y Combinator (YC) directory to find open-source projects that match personal interests. A renowned startup accelerator, YC funds early-stage companies, providing as much as 125,000 US dollars (approximately 10.65 crore INR) for 7% equity.
According to the post, individuals should filter projects that genuinely interest them, engage with the community, help members, and contribute by solving bugs or answering queries.
By consistently contributing for a few months, one could start earning around 1,500 US dollars (approximately Rs 1.27 lakh) per month, challenging the belief that only top institution graduates can succeed in the tech industry.
Netizens had mixed reactions. Some praised the advice, agreeing that skill and profile improvement are crucial for job opportunities. One user commented, “I don’t know why people like chasing after degrees and colleges, all you need is skills and dedication.”
Meanwhile, others pointed out that success requires several years of programming experience and hard work, noting that top colleges can fast-track placements but are not the only path to success.