I started in web3 security by doing code4rena contests in 2022. I made $46.04 on my first one (Nibbl). Got lucky on the second one and made $926.63 (Illuminate) with ~6hrs of focused work.
I was hooked. I was already making close to $200k/yr base pay in my full-time job, and this was even better ROI on my time, insane.
A few months into this, I won my first contest. A Champion. 1st place, everyone else was behind me. Still, it was a small contest, made only $3561.22 (VTVL). This taught me that everything is possible in this space.
I started doing all contests and posted about it on X, then it found me - someone reached out to do an audit for him. "A solo audit?" I said - he nodded. $600 for 6 hours of work - DEAL.
After this, in a week I got another solo audit for $1500, which took me ~10hrs - even better. Felt awesome. I later got invited to work with OakSecurity and got paid $3000. I felt rich now.
Here I was all-in, spending all my awake time to study and learn, speak to other people, analyse opportunities, I wanted to grow and be better. Was finding more and more vulnerabilities.
Now, I joined Spearbit as an Associate Security Researcher position which I was proud of, with an advertised weekly rate of $6250. I don't think I ever ACTUALLY got paid that, but on paper, it looked cool.
More solo audits followed - got my first 5 figure deals and it was pure profit. I had a good stream of clients. It was a business. This is ~February 2024.
In the end of the year I launched a full-blown web3 security company, Pashov Audit Group. It was really about doing MORE of the good work, for more web3 projects. In 2.5yrs we did 500 audits so I guess that's that...
The big lesson in here is that you can start small, very small. Again, $46.04 dollars. I kept going. Added lots of zeroes to that number. Spoke to the right people and teamed up with them. Ignored the naysayers, kept going. I really kept going, still going.
Your time to decide now - will you keep going, or will you quit? Choose wisely🙏