Beyond the Paycheck: Why Intrinsic Value Matters More Than You Think

Developers and investors may seem like they occupy different worlds. But there's the surprising truth: "A healthy dose of investor mentality can make you become a stronger developer".

Beyond the Paycheck: Why Intrinsic Value Matters More Than You Think
Photo by Vu Nguyen / Unsplash

How Investor Mindset can elevate your developer career?

Developers and investors may seem like they occupy different worlds. Developers live for the thrill of problem-solving, the satisfaction of a perfect technical solution. Investors, on the other hand, seem all about capital and return of investment.

But here's the surprising truth.

A healthy dose of investor mentality can make you become a stronger developer.

Build a long-term vision

Over time, markets have always gone up more than down. That's the true value that investors are always seeking for their long-term outlook.

As a developer, adopt this perspective is about maintaining a growth mindset and investing in continuous learning.

There's a lot of action can lead to personal growth. For example:

  • Enhances your hard skills such as Foreign languages, Algorithms, Coding quality, etc.
  • Upgrade your soft skills such as Communication, Problem-Solving, Leadership, etc.

"An investment in knowledge pays the best interest." - Benjamin Franklin

Prioritize, invest in your intellectual development because it's invaluable.

Collaboration and Communication

Investors thrive on networking and clear communication. It opens doors for potential opportunities and building trust. It's a win-win relationship.

There's a lot of benefit if developers can excel their voice while collaborating with others, especially non-technical stakeholders:

  • Align and understand requirement from any stakeholder as detail as possible to prevent any misunderstanding.
  • Developers can share different perspectives, identify knowledge gaps and brainstorm more creative solutions to complex problems.
  • Clear and consistent communication can help you easily keep track of your work with the company's strategic goals, priorities and deadlines.
  • Collaboration also creates a platform for knowledge sharing and reflection. Everyone can learn from each other and foster a culture of continuous learning.

ROI-Focused Development

Investors focus on potential Return on Investment (ROI). It's a fundamental tool for investors to make informed decisions and also a way to quantify the success of their investments.

When developers adopt this mindset, they prioritize projects and tasks that offer the greatest value to the business. This means writing clean, efficient code that does more with less and advocating for solutions that drive tangible business outcomes.

Here's an example of how a developer with an investor mindset can benefit their company and grow their mindset.

Scenario:

Marketing team proposes a new feature on app: a complex interactive product configurator. This feature would allow customers to virtually customize a product with different options and see a real-time price quote.

Developers might get excited about the technical challenge, but they would also consider how to bring value to users and the business with less resource expenditure. They can suggest a more lightweight solution like a form with pre-defined options to deliver the core functionality without complexity.

This approach would:

  • Reduce development time and cost.
  • Improve website performance.
  • Be easier to maintain and update in the future.

Conclusion

While developers and investors may operate in different spheres, the principles that guide successful investing can significantly benefit developers. By adopting an investor mindset, developers can enhance their strategic thinking, increase their value at work and accelerate their career growth.

So, buckle up and get ready to embrace more technical challenges with investor mindset. You might be surprised at how much your skills and impact grow!

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