Currently at a startup, what are great exit options for 40l+ CTC (2 yoe Consulting+Startup). Also if anyone hiring let me know.

Welcome to Business Roles's Private Community

Currently at a startup, what are great exit options for 40l+ CTC (2 yoe Consulting+Startup). Also if anyone hiring- let me know.

Career Advice

Growth Manager

Career Advice- Grapevine

The work hours are catching on, don't want to do 70hrs+ weeks. The promotion at 2 yr mark is also difficult (over hiring in our batch, not enough demand + not exceptional performance at my end). Doesn't make sense to stick around for another year at current comp and workload

What are some exit options in the current market? How should I think about evaluating the career move

1.5yr in MBB post MBA, possible exits in current market?

Lets discuss here our current CTC and YoE along with Designation. More experience people will tell us if need to switch. Mine is 13.1 LPA with 6 Years and 4 months of experience.

Mention your current CTC with Years of experience. People will tell if need to switch.

UX/UI Designer

Team Lead

Welcome to Indian Startups's Private Community

Just wanted to understand from a 2 yoe perspective- how much do you get at a startup post consulting (mbb background) Series A-C scale. Would really help me benchmark. TIA :)

How much does your startup pay (In-hand CTC)?

Im currently working at McKinsey and want to understand if working at a startup in a strategy.growth role is better. What are the factors i should be thinking about before making the switch?

High growth startup or Consulting?

Yoe: 2 years
Tc:32 lpa fixed.
Bg: top 5 IIT, 2 years of PM experience where I led two major 0-1 products to completion independently and had a direct revenue impact of around 25 Cr.
At a crossroad in my career where a top partner in a tier 1/2 VC firm wants me join his investment team (nothing concrete, just expressed his interest in a gathering). Was curious as to how the VC career ladder looks like! I was always interested in a VC career. Just afraid, whether there will be any exit options say 5 years down the line if I want to move out or get stuck. 
All advice, opinion, help will be appreciated. Thanks!

PM vs VC track.

Product Manager

Welcome to Software Engineers's Private Community

Role : SDE 1, backend
YOP: 1.5 years

TLDR : I've received a job offer from a startup in Bengaluru with a base package of 14LPA. This opportunity came through a connection who holds a senior position in the company. Currently, I'm employed at an early-stage startup with a small team, working on a great product, with a package of 10LPA.

The story behind this: 
I was laid off from my previous company due to their financial issues. At that time, I informed my manager to keep me in mind for any future opportunities. Subsequently, I joined a smaller startup with a 20% increase in salary as a SDE 1. I am happy with my work-life balance and satisfied with my role in building a successful product with a substantial customer base.

Recently, my previous manager, now in a senior position at a mid-sized startup, referred me for a role. Although my second-round interview didn't go perfectly, I've been offered the position based on his positive feedback, and they are offering me a base salary of 14LPA.

I have responsibility in my current company and my resignation will effect their timeline. also i don't want to ruin my connection with my manage also who offered me the new job.

I'm uncertain about what decision to make. Any advice?

Need advice. Which company to choose.

Software Developer

Happy to connect with like minded people to start learning and building together.

Been on a job break for around 2 months, joined not so great startup with 10% hike. What should be my approach now in learning to get 40-50 LPA in an year? What tech stack to move to? Please guide. Currently has 2.5 yoe with 28 base ctc.

Frontend Engineer

I am 34, BU Head at mid size startup, 1Cr+ CTC and 3Cr ESOP. Tier 1 MBA+Engg. Still 5yrs away from financial freedom. 
Startup founders who have taken similar jump what would say? Was it worth it? 
If yes, any tips on finding start up ideas.

Hifi job or start own startup?

Sales Leader

Welcome to Office Gossip's Private Community

Ask me anything! I work in engineering and I’m happy to answer any questions you might have on what it’s like to work in a startup.

This one’s for the startup people

Founder

I was recently impacted by layoff and having 20yrs of exp into application support and service management with last 10yrs grown into a middle management role(limited tech hands-on and no dev experience nor CS background)

While I am financially ok atm and can manage staying at home for next 12-24 months, I am not financially independent yet. its getting too boring and I want to get back into some sort of work routine as I am keen on retirement yet.

Challenges I am seeing with finding a new opportunity:

- The job market seems to be quite restricted for senior roles with that experience
- Few that came across were at a substantial low salary.  
- Some others required significant hands-on experience 

Thought process::

- While salary is not a major concern, I am not sure if I makes sense to take a pay cut.
- Given the speed of tech changes, not sure what kind of learning/certification would be helpful
- Even if I do tech self-learning, lack of practical hands-on seems to be a drawback
- At 40+ while I am open to work hard and learn, i view is to find a job and learn into it , rather than other wat round

Any guidance/pointers would be appreciated. As would any leads/introductions on suitable opportunities you know of.

What next at 40+

Start a hotel of your own or a small CCD why work in boring mncs

Analyst

I wanted to reach out to the marketing folks to get an understanding of how much marketing folks are drawing these days. Any additional information is welcome. 

I'll start with someone i know who works at a startup. 
Yoe: 4
CTC: 18LPA +Esops
Background: Engineering from tier 1 private college

Let's talk about marketing salaries

Product Owner

Hi!

I have a professional dilemma and would appreciate any thoughts, advice and experience you can share.

I have a 5+ years in strategy consulting working for a Big4 - I like my work, team and the organisation 

Though, now I crave for some different experience - maybe work for startup’s or a VC firm

I have been offered a job in a boutique investment bank - which works with startup’s in India

My questions:
1. Is it worth switching for a Big4 to a Boutique Investment Bank - will it effect my further employability
2. Does this get me closer to my goal of working for a VC fund someday?
3. What salary hike should I ideally expect 

Thank you in advance for all the help!

Career Move | Management Consulting Vs Investment Banking

Strategy Consulting

I have 3 years if investing + startup and 5 years of consulting experience. 

Currently at a startup and looking for early / growth stage investing roles in Bangalore. Appreciate any leads. Thank you.

Looking for VC roles

Strategy & Operations

I am a React.js Developer & have 2 YOE (6 months at a consultancy startup + 1.5 years in a service based MNC).

I do not like working with React.js for multiple reasons & do not wish to pursue working with this further. 

I want to know what are some alternative career paths or technologies that are as much in demand & feasible to switch towards? Ideally, towards a more stable, battle-tested technology or tech stack and something that is as well paying too. 

(..continued from my original post) Some technologies that I considering are JAVA , ASP.NET & Laravel as unlike React.js, they are not loosely opinionated and don't have a constantly changing API where the way of writing code itself changes (e.g - redux and/or using data fetching libraries) . There is no standardised best practice to conform to.

But, the problem is that I find Laravel jobs are not in use in corporates or large tech companies but apparently ASP.net core jobs are not as well paying for equivalent years of experience as that of a front-end React.js developer. 

TC - 8.6 LPA (2 YOE)

Suggestions requested! Want to change career path from React.js/Front end

Software Engineer

Hey guys, I've been working in top tier consulting firm for a year and I'm just bored of making decks. What exit opportunities exist for me?

Exits after consulting?

Consultant

Hi folks, thinking of writing a regular mini blog here about my learnings being a generalist in the ecosystem.
I currently handle growth at an ecom startup and have previously been through 2-3 startups + a large corporate in my 7 year career.

#1: Why you should not stay only in startups

Recently started reflecting on salaries of many peers who are also startup folks and trying to see where it stands.
There are 3 cohorts:
a. People who started out in Big 4/Corporate & then became a generalist: They've been underpaid the most. First pay was 4-5L, and when they transitioned to startups, started at 7-9L. Over time, growing from there is difficult without MBA.

b. People who have forever been in startups: They earn more than A on average. But here too, there is a delta in their salaries vs. people with same YoE who went to an MBA and are in corporate now. Side note: I've seen this cohort has usually loved what they've done, and being in startups definitely has positively impacted their thought process.

c. People who went to a corporate/big tech etc. mid way: This cohort has done the best long term. Their pay got recalibrated when they went to a larger company in the middle through their career, and when they rejoined startups, they were respected more in salary negotiation.

This is to anybody out there who is a generalist and sees a similar path. Try to sandwich a proper, large company in your career. It gives you perspective on whether you like it and if startups is really your preferred route. And it also recalibrates your pay.

Startups will limit you basis your last salary. Corporates have standards basis bands. Just something to think over.

NOTE: Do share feedback, if this makes sense. And if you'd like to read more of these too.

The Generalist - #1: Why you should not stay only in startups

Not only compensation, corporates help you to learn saying “NO” to not-related tasks. I see young startup folks in the name of “learning” are forced to do anything and everything. In my first startup role, I was handling the responsibilities of a PM + ops, which burnt me like anything without any significant skills gain. Corporate taught me delegation, saying “No” to things which aren’t part of your team.

Corporate Strategist

Graduated from a Tier 1 MBA, got into a rando role very early on during placement (think Day0). Totally messed up job change during covid (pay reduction), and suffered more with family issues. I am probably earning a lot lesser than my average batchmate, and not at a good designation (or skills) either.
Trying to get back on track with my career via consulting or Category role in startups. Need advice on how to get there. Getting rejected by most consulting cos (even big4) and startups on online portals while applying.

Fucked up my career what to do

Project Manager

I currently work as a senior analyst in risk management and analytics at one of the big 3. Don’t really like the work or long hours. What are my exit options? 
Can I move to tech in some product or strategy roles?
Or can I get a VC or PE analyst role?

Appreciate if anyone can share their experience of post exit from consulting.

Yoe 3
MBA tier 2

Exit opportunities post MBB experience.

Hey. I'm a post graduate from a tier 1 MBA college currently working as a management consultant in one of the Big4s (<1 year). Compensation is good (~30 lpa), can't complain. Work has been stagnant for a while firm wide though and have just been focused on upskilling myself.

With the interactions I've had till now, I don't really see myself building any hard skills other than data analysis in excel, power BI and business acumen here. (I might just be ill informed here, but are these transferrable skills I can take to the industry? I know data analysis is the bread and butter for business everywhere but I'm talking about specific software and whatnot used in companies) 


1. I'm just worried about the exit opportunities that I might have later on. Can anyone shed some light on what kind of exit opportunities one can expect?

2. Let's say I want to get into the operations side of the industry. Is there anything I can do if I'm not necessarily involved in such projects?

Exit opportunities for business consultants?

Share your progress - the journey.
- Where did you begin and where are you now?
- What motivated you to go the extra mile? 
- Where do you see yourself in the next few years?
- What did you do differently then the rest of the pack?

This can serve as a motivation to those of us who wants to improve and as a appreciation for some of us who made themselves a stellar career.

Eager to hear your stories. 🔥

What has been your career/salary progression so far?

2018 - 7.2LPA ( Services startup ) 
 2019 - 15LPA ( Hike ) 
 2020 - 21LPA ( Switch ) 
 2021 - 27LPA ( Hike ) 
 2022 - 33 LPA ( Hike ) 
 2023 - 72 LPA ( Switch ) 
  
 Sorry. Should have posted mine first :)

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