Ravinder Deol


Hello, I'm Ravinder Deol. I'm a founder, creator, alumni of Seth Godin's altMBA, and set to join Le Wagon's FullStack Bootcamp in Lisbon starting January 20.

I was born in the United Kingdom, and left school at 16. I’ve packed pitta breads in a factory, been the project assistant to a CEO, and founded an information products company. I’m grateful my products have been used by over 100,000 people, in 193 countries and territories.

I’ve been fortunate to be able to visit over 25 countries, and live in Valletta, Malta for 2 years. Currently, I'm an e-resident of Estonia, and embracing the minimalistic remote lifestyle I’ve become adapted to.

Please send me an email if you wish to discuss any partnership, speaking, freelance, or consulting opportunities.

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Over the last several years, I have developed and produced over 20 courses which have been taken by over 100,000 students in 193 countries and territories.

I have personally designed, developed and maintained these digital information products. Hence the work I can support your next project with from first-hand experience ranges between the following:

  • Copywriting

  • Technical Writing

  • Content Marketing

  • No Code Development

  • Online Course Creation

As a life-long learner I'm also proficient in other areas from first-hand experience, such as; Email Marketing, Cryptocurrency & Blockchain Training, and Quora Marketing.

I like my work to do the talking so take a look at my portfolio linked below, and see the kind of work I can bring to the table. Then send me an email with a brief project description, which I can potentially support your project in.

  • View My Portfolio

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Is Entrepreneurship The Highest Potential Path To Wealth?

November 2019, Kuala Lumpur

Reading Time: 4 Minutes, 52 Seconds


Is Entrepreneurship The Highest Potential Path To Wealth?

“You’re partly a reason of what’s wrong with society. Narrow minded, and a sheep.” - A Quora user, whose name I’ll keep private.

A while back someone requested my answer to the following question on Quora; Is entrepreneurship the highest potential path to wealth?

I jumped at the chance to answer this!

Especially as my views went against the majority of the others.

I wasn’t taking an opposite point of view for the sake of it, I believed in it. Well the point of view I did take seemed to have struck accord, with it racking up 96,400~ views, and 295~ upvotes.

As is with posting something publicly on the interwebs, some people won’t be so thrilled, and they’ll express it as was the case here (you can scroll through some of the comments to the answer).

Don’t get me wrong, some answers were actually very constructive providing their own point of view. However others, as the one I started this post with, were well, pretty f------ pointless.

Now I don’t want this post to be about trending on Quora.

Rather, the question at hand...

Is entrepreneurship the highest potential path to wealth?

The premise of the answer I provided was not based on individual cases, but rather a much wider research undertaken by Compass. Which concluded that 73% of founders make $50,000 (USD) per year, or less.

Founder Salary Overview

Following that up with the how media portrays entrepreneurship, as the most likely way to become wealthy. Which I don’t believe is the case, however it is one of many ways to achieve financial success.

Of course, I couldn’t just leave my answer at that.

I dived deeper.

I suggested that if people wanted a higher potential path to wealth, that they should build a career at one of the big four firms:

DeloittePwCEYKPMG
According to CPA Exam Guy, the average salary of a tax accountant at KPMG is between $46,000 (USD) - $62,000 (USD), excluding bonuses. After five years the average salary shoots up to $106,000 (USD).

Or, at one of the FANG’s:

FacebookAppleAmazonNetflixGoogle
The median salary for an employee at Facebook was $240,430 (USD), excluding bonuses. According to 2017 statistics provided by Equilar.

Banking could be added onto this list:

JPMorgan ChaseBank of AmericaWells FargoCitigroupGoldman Sachs
According to data provided Glassdoor, JPMorgan pay between $81,000 (USD) - $170,000 (USD) for Analyst positions. Not too shabby is it!

People who read my answer, and then commented, brought up valuable points. One being, that salary is different to wealth.

I agree, no question of a doubt.

But it’s pretty hard to build wealth (net worth) without any money.

Another common comment I received was that entrepreneurs will generally take the bulk of their income in the form of dividends etc.

Once again, true.

But now we’re assuming this mythical startup is making enough to justify a decent wedge for the founder, in the form of dividends.

Also, please don’t explain how entrepreneurs dodge taxes to me as one commenter did. As a TLDR; tax avoidance (minimising your tax) is legal, however tax evasion (not paying your taxes) is illegal.

Once again, we’re assuming this startup is generating enough revenue to even justify working on ways to minimize their tax bill.

You don’t need me to tell you the survival rate of startups! I can’t count the times a startup has built something that nobody needs.

But want to know my favourite comment of all?

“Elon Musk’s salary at Tesla was $56,000 (USD), and is now $37,000 (USD). Definitely not a wealthy guy, that Musk.”

To be honest, I was waiting for the moment this was brought up. Yes, these are exceptional human-beings, and entrepreneurs. But in the case of entrepreneurs, they are outliers, not the norm.

Most entrepreneurs won’t be the next Elon Musk.

There’s nothing wrong with that.

But assuming that is the norm, is setting yourself up for failure.

The two things that surprised me more than anything, was how many of the people who commented assumed the following in their comments:

Employees earning a high salary won’t invest their money, for example regular contributions to a good S&P 500 Index Fund.
How they were guaranteed success after launching a startup, for example assuming that they’ll get a huge exit to set you up.
If you’ve read this far you’re probably thinking one of two things:

This guy is really bashing starting your own business, he must’ve seriously been burned in whatever he tried to launch.
He seems to really have a point to pick with those who commented on his Quora answer with opposite opinions.
By no means am I saying, don’t start a business if you want to become wealthy. After all, starting a business is what I did, and have been doing for as long as I know (shocker - not every project sticks).

Now when I’m asked what I do, I tend to reply with; “err, a little bit of this, and a little bit of that really. I mean I get by.”.

Running a business provides opportunities which other paths can’t. However, that’s another topic in itself which could go on and on.

The book e-myths is a must read for anyone starting up. If you’ve read it you’ll understand what I mean when I say that most people create a job for themselves. Whereas they desired the opposite.

But understand that if wealth accumulation is your only goal, then it might be easier to build wealth doing a job that you love. Your monthly pay cheque can then be poured into some solid investments.

Not every career path forms part of the rat race, where you’ll be bound to corporate politics in a cubicle, especially with the rise in remote working which more companies are adopting every year.

Yes you’ll need to perform to reap the rewards (I’m not saying it’s going to be easy), but that’s true of anything. Do the work!

I think the reason my answer accumulated so many comments, was that the question can be interpreted in many different ways. All of which I was intrigued to hear, and thankful for the challenge on.

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How To Build A Career In The Blockchain Industry

December 2019, New York

Reading Time: 5 Minutes, 10 Seconds


How To Build A Career In The Blockchain Industry

Having had 100,000 students go through my blockchain classes online, there’s one question most students tend to ask. That being, how do you build a career in the blockchain industry? After all, most people take classes to advance their career. So this is a worthy question.

Therefore in this post I’ll breakdown potential blockchain careers, as well as routes into them.

Before I do so, if you’re new to blockchain let me help you understand it at surface level before delving deeper. I’ll be using a famous analogy shared by William Mougayar.

“With Google Docs (or Google Sheets), both parties have access to the same document at the same time, and the single version of that document is always visible to both of them. It is like a shared ledger, but it is a shared document. The distributed part comes into play when sharing involves many people.”

This analogy is perhaps one of the most enlightening I have yet to come across. You can read William Mougayar’s full blockchain analogy here on Coindesk.

After reading this analogy you might be wondering; isn’t this all ridiculously inefficient?

After all, just imagine the terabytes of data that are wasted by storing the entire blockchain repeatedly. And think about all of the wasted computing power created by the miners having to perform cryptography and agree on every transaction.

And actually, you’re right: blockchain technology is wasteful. Not only because of all the duplication, but also because a lot of the very complex computing-power intensive calculations that miners do, end up getting thrown out or invalidated.

But let’s leave that aside for a second, because the truth is no matter how you cut it blockchain is still extremely wasteful - by design.

You see, it turns out that because blockchain is so wasteful, it’s also extremely secure. While it may not make sense from an efficiency standpoint to keep every transaction on every single full node, it makes the blockchain literally impenetrable.

I hope this analogy helped give you a surface level understanding of this technology we label blockchain, behind the infamous cryptocurrencies such as Bitcoin, Ethereum and more.

Let's fork now, and discuss career paths in this industry. Let's face it, if there were no opportunities available it wouldn’t be half as interesting. Luckily, that’s not the case.

What Sort Of Career Path Is Open For Me With Blockchain?

I bet you’ve probably assumed this one already. If so, you’d be right in assuming the most in-demand positions in the blockchain industry are software engineering.

In fact research conducted by Glassdoor in May 2019 found that, software engineering positions dominated open blockchain job postings with a 23.32% share.

In order of top occupations for open blockchain positions they are as follows:

Software EngineersFront End EngineersRisk AnalystMarketing ManagerProduct ManagerTechnology ArchitectFull Stack EngineerDevOps EngineerBack End EngineerProduct DesignerQA Engineer
I’d actually recommend listening to this podcast episode, where a blockchain recruiter discusses the job market in this industry. The recruiter also discusses how engineers, business development executives, data analysts, and marketers can enter the blockchain ecosystem.

Who’s Hiring Blockchain ‘People’ Anyway?

Quite a few established companies as it happens. In order of highest to lowest, here are the top 15 employers by number of blockchain related job offerings:

IBMOraclePWCEYCoinbaseSAPAmazonRippleKPMGConsensysBlock OneBlockchainAxiom ZenAccentureKraken

Top 15 Employers By Number Of Blockchain Openings

I Want To Get Paid Well, Is That Even Possible With Blockchain?

Demand is through the roof, and that only means one thing.

Above average salaries!

Whilst salaries across the spectrum of careers in the blockchain varies, data shows that the majority of jobs in this industry fall into the $81k - $144k per annum bracket.

That along with the number of full-time openings growing by 400% in 2018, is a strong factor to consider when you’re considering the scope of working in this industry.

Naturally the USA leads the way with the highest average salary, however it’s closely followed by Remote (location), Asia, and Europe. The opportunity is there!

Disclosed Blockchain Related Job Offerings By Salary Range

So That All Sounds Pretty Amazing, What’s Next?

Naturally, I think it’s important you set your learning goals before starting your Blockchain learning journey. Really pinpoint what you want to learn in this ecosystem. That way you can ensure you define your career path in the blockchain industry!

Sources of Blockchain education are growing at an incredible rate. Coinbase published a report on this topic. Some of the key findings were as follows:

56% Of The Top 50 Universities Offer At Least One Blockchain CourseTwice As Many Students Took A Blockchain Course Over 201870%~ Of Blockchain Courses Are Outside Of Computer Science

Student Interest In Crypto And Blockchain Is On The Rise

Now as someone who wants to start their journey learning about this technology, where can you look if you’re after some official certification. Here are ten of the leading educational institutions offering Blockchain programs, many are online:

The University Of Nicosia: Masters In Digital CurrencyUniversity Of Oxford: Blockchain Strategy ProgramPrinceton University: Bitcoin & Cryptocurrency TechnologiesThe State University Of New York: Blockchain SpecialisationDuke University: Fintech Law & PolicyUniversity Of Hong Kong: Blockchain & FintechUniversity Of California: Professional Certificate In BlockchainThe Linux Foundation: Professional Certificate In Blockchain For BusinessUdacity: Become A Blockchain Developer NanodegreeInsead: Blockchain Revolution For The Enterprise Specialisation
But what if you’re not particularly interested in some sort of official certification, yet you’re tired of watching outdated Youtube tutorials. What are your options then?

Buidl School: Ethereum Blockchain Developer CourseConsenSys Academy: Bridging The Blockchain Knowledge GapEthHub: Resource For Ethereum InformationKauri: Learn To Build On Ethereum With KauriBlockgeeks: Blockchain Training & EducationBlockchain Training Alliance - Blockchain Training & CertificationCrypto Zombies: Learn To Code Games On Ethereum
These are just a select range of Blockchain training programmes worth your time.

Naturally, there are books by renowned authors with practical experience in this space such as; Andreas Antonopoulos, Thomas Wiesner & William Mougayar.

As well as fantastic, and regular Youtube tutorials from the likes of; Dapp University, Hashoshi & Ivan On Tech. There are so many resources out there!

Some questions you should be asking yourself are the following:

Do I Want Practical Or Theoretical Blockchain Knowledge?If I Want A Career Change, Shall I Focus On Corporate BlockchainsWhat Blockchain Do I Want To Master?What Fundamentals Do I First Need To Master?What Is My Current Skill Level, So I Spend Time On The Right Things?
Putting Blockchain to one side. You don’t build a house top down, so why should you learn something in that way. Understand the foundations of Blockchain technology first, then layer everything else you need to learn upon that.