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re: Tough career scenario... which choice would you make?
Posted on 4/3/23 at 7:25 pm to GeneralLee
Posted on 4/3/23 at 7:25 pm to GeneralLee
quote:
Middle aged, with wife and kids.
In this instance, I'd personally go with option A, as it seems like it provides more opportunity to spend time with family. Depending on your financial situation, the higher base pay may be more desirable as well. Also, a major company probably offers far better benefits than a startup.
If I was single, I'd go with option B.
This post was edited on 4/3/23 at 7:27 pm
Posted on 4/3/23 at 7:27 pm to GeneralLee
quote:
Job B has a system that takes 2-3 months to hire a role.
Why would it take this long?
Posted on 4/3/23 at 7:28 pm to GeneralLee
quote:
Middle aged, with wife and kids.
I was all in on rolling the dice before this. Personally, the responsibility is too high in that scenario but it also depends on if your wife works and how much of your monthly needs she can cover. That being said I have never been that much of a gambler with my career.
Posted on 4/3/23 at 7:38 pm to GeneralLee
quote:let me tell you something about this. I was 40 years old and broke dick busted. Deeply in debt in a mid-paying/high stress job with a kid in private school and a raft of credit cards keeping me afloat. Then Katrina came and took the job away but also set me free
but stock options granted that could generate life changing wealth if company executes
You want life changing wealth? Start your own company. It’s the only way and it’s the American way. I did it, you can too
Posted on 4/3/23 at 7:57 pm to GeneralLee
Start ups usually have to pay more to entice people to leap from established.
remote is good. It's hard to build a career remotely though.
remote is good. It's hard to build a career remotely though.
Posted on 4/3/23 at 8:24 pm to GeneralLee
Think of it like this: Lets say job A pays 50k more a year in base salary. For the next ten years at job B that would be a 500k income loss. If this startup company was publicly traded, would you take out a 500k loan today against your hypothetical paid for home’s equity and purchase stock? Because taking job B is basically a huge loan against your career that you think will pay off based on the company’s future success. If you wouldn’t gamble half a million in the stock market on them, don’t gamble your career on them if they want to compensate you with shares.
For every startup that generates life changing wealth for early employees, there are hundreds if not thousands who fail or stagnate, especially at companies who cant afford competitive salaries and compensate you with the equivalent of risky penny stocks.
For every startup that generates life changing wealth for early employees, there are hundreds if not thousands who fail or stagnate, especially at companies who cant afford competitive salaries and compensate you with the equivalent of risky penny stocks.
This post was edited on 4/3/23 at 8:29 pm
Posted on 4/3/23 at 8:29 pm to GeneralLee
quote:red flag
Job B has a system that takes 2-3 months to hire a role
Posted on 4/3/23 at 8:31 pm to GeneralLee
Option A. Beurocracy sounds awful but there's a lot to be said for stability. Start ups require reinventing the wheel at every turn. It can be very rewarding to build vs. maintain, but also can take a toll over time whe you're working your arse off for less money with less support. Depends on how that all sits with you. #YOLO
Posted on 4/3/23 at 8:36 pm to atxfan
Option A, no question.
Stability, family/work/life balance, and startups rarely pan out but require significant time and effort. And when they do stabilize, usually those who drove the beginning have to be tempered back to a more sustainable leadership.
Stability, family/work/life balance, and startups rarely pan out but require significant time and effort. And when they do stabilize, usually those who drove the beginning have to be tempered back to a more sustainable leadership.
Posted on 4/3/23 at 8:38 pm to GeauxTigersLee
quote:
Job B has a system that takes 2-3 months to hire a role
quote:
red flag
Huge red flag. You can tell an awful lot about an organization based on their hiring process.
Posted on 4/3/23 at 8:38 pm to GeneralLee
quote:
that I'm very passionate about.
if this is true, why are you considering anything else?
Posted on 4/3/23 at 8:48 pm to GeneralLee
quote:
Semi cushy job, can coast till retirement
What else do you want?
Posted on 4/3/23 at 8:48 pm to chRxis
If they were available at the same time I would choose Job B all day everyday. Job A isn’t a bad job but Job B is a once in a lifetime opportunity.
Posted on 4/3/23 at 8:51 pm to SixthAndBarone
To be pushed personally and continue to grow in my career, and be part of an amazing team. Job B is full of phenomenal talent, it’s a startup yeah but not your typical tech startup, it’s not even in tech. Job B is where my heart is but I think most people would think I was insane to pass up Job A.
Posted on 4/3/23 at 8:55 pm to GeneralLee
quote:
Job A: Semi cushy job, can coast till retirement. Large corporation with lots of bureaucracy.
Semi-cushy jobs with large corporations where you can coast to retirement no longer exist. That's a relic of the past.
Posted on 4/3/23 at 8:55 pm to GeneralLee
Easy choice - A. Screw the grind. Clock your time and coast to retirement.
Posted on 4/3/23 at 8:56 pm to GeneralLee
quote:
Job B: "pedal to the metal" job, but in a startup company that I'm very passionate about. Lower base than Job A but stock options granted that could generate life changing wealth if company executes. But job won't be available until sometime in May most likely, and let's say 75% chance I would be the winning candidate for the position. Remote role.
Do this, i did 3 years ago at age 36. Let me know if you have questions. Still at the startup and just raised our Series B. I'm now wealthy(on paper

Posted on 4/3/23 at 9:01 pm to GeneralLee
I know which one I would choose all day long, but my decisions are driven differently than yours.
Answer this, option B...would this role and path potentially jeopardize your work-life balance and your family time? Would it cause issues? Would you be missing out on kids' events? Concerts/games? Would you not be available? If yes, is it worth those challenges?
Answer this, option B...would this role and path potentially jeopardize your work-life balance and your family time? Would it cause issues? Would you be missing out on kids' events? Concerts/games? Would you not be available? If yes, is it worth those challenges?
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