Yes. It turned out well! Journey becomes easy if you have a good Co-founder or mentor. If you’re from tier1 college, it is almost insane not to try your hand . Especially if you have an idea or vision. I know around 15 people who have tried own business in last 8 years and barring four, everyone is $ Millionaire. One even made $100M+. The figure is about liquid $ excluding startup valuation. Even people who failed in startup, made big ₹ in salary only. Some of them made money by opening their own agency.

Just to add of course, survivorship bias in my sample is applicable. Point is it is not that hard if you play your cards right with little luck.

Founder

Can you share more insights.  
 How will tier 1 help here  
 What all things to keep in mind before jumping into the ship 
 Money is not the main motivation but still one need to feed the family, what if the person come from a family who always struggled and now they see the hope as their son/daughter is earning very well 
 Say if someone start, how much into the game one would decide to exit as it's not working out 
 Have lot of similar questions

Product Manager

Paid off too well but its not guaranteed. People grow and become more valuable, definitely more

Guys, how was your transition from corporate employment to Entrepreneurship ? How was the journey and what challenges did you face ? Was your Risk rewarding as you hoped ?

Welcome to News Discussion's Private Community

Employment to Entrepreneurship

Software Engineer

Employment to Entrepreneurship- Grapevine

Welcome to Business Roles's Private Community

Has anyone made the shift from entrepreneurship to corporate employee for the first time in their mid thirties. How was the shift ? How did you manage expectations and what helped change your mindset to keep up with the changes ?

Entrepreneur to Corporate employee.

Welcome to Indian Startups's Private Community

Every third corporate person I talk to wants to switch to entrepreneurship and do Dhandha. 
1. What could be the reason? 
2. And what could be stopping them? 
3. How to decide if you should switch or not?

Switch to entrepreneurship from corporate job

Product Marketing Manager

Welcome to Office Gossip's Private Community

- Tried in the past or not, are you pursuing it now?
- Experience vs corporate job?
- Recommendations for those who think of shifting from corporate to entrepreneurship in the future?
      - Startup / Family business points if any?
      - Side hustle views?
- Anything else?

Have you tried entrepreneurship?

Finance Consultant

Hi everyone,

I want to understand from the community that what are your reasons of pivoting from corporate to startups.

Please describes about the thoughts, confusion that one goes through in order to make this understand.

Pivot from Corporate to startup

Business Analyst

Hi folks, 

I'm Aadit, Co-Founder & CEO at Zepto. We're one of India's fastest growing consumer internet companies and are today present across 10+ cities in the country. 

I'd love to chat with you folks about my journey in building Zepto, my thoughts on the quick commerce space, organization building, amongst other things.

Ask away!

I'm Aadit Palicha, Co-Founder & CEO at Zepto. Ask me anything!

Hey @Aadit  
I’m @salt  
  
Some questions from my side: 
1. As companies scale there are many diverging opinions on how things should run. How do you ensure that the best ideas drive the company even though they might be in direct conflict with your point of view?  
  
2. What kind of impact have you seen via use of Machine Learning to streamline operational efficiency wrt initial benchmarks? 
  
3. What is the key focus area that you are currently working on? 
  
4. How do you balance creating shareholder value versus customer value?

I am 27, and I have a well paying job in Bangalore. 

I want to quit this job and try my hands on entrepreneurship. I feel like I can do much more than what I am currently doing and have a more fulfilling life this way. 

Unable to see a lot of risks I have a 2 yr runway with savings. Parents don't have financial dependency. If everything fails I can restart my life in the next 1-2 years. 

Looking for perspectives and things I should consider before taking this step.

Path of Entrepreneurship

Data Scientist

Sharing a note from the day I resigned. Well, alot happened from then and I am just grateful for how things have turned out. 

Also, happy festives guys🥳🥳

Just Grateful 😇

Please try not to glorify just doing your own thing. Do it because you want to make a difference to something or someone.

Product Owner

Generalist

Welcome to Product Managers's Private Community

I have been on this journey for a long time now. Lots of failure comes with loads of learning. Each step or initiative I took has helped me grow as a person, the business guy (ed-tech, media space), and also in terms of technicalities (full-stack product management, hardcore hands-on into technology and I love user experience)

Ps: currently running an edtech startup in pre-seed/seed stage

Feel free to ask anything, would be happy to help even personally

5 years of failure (Entrepreneurship) AMA

Welcome to Personal Finance's Private Community

I got into a startup (informal) and invested my savings and also took loan from friends and family.

It would take a couple of years to clear up but I am happy thwt I didn't let go.of the opportunity and the learnings also realised the following.
1.I enjoyed the thrill 
2.When something has to go wrong,It will
3.My priorities changed (family,health,mental peace)
4.I am enjoying what I have more than ever and not cribbing about what I don't have.

I am about to touch 40 and lose all savings(instead loans on the head) but I have never felt so calm ;)

Anyone with a similar life altering experience 😉

My hustle mindset backfired and Lost all,but am happy

Investor

Started working in my first job. Per month pay is around 50k. Very sad as to how will I grow financially.

Does money really come along the way?

To all people who have switched from conventional corporate careers like consulting, banking etc. to a founder's office role

How has your experience been?
What worked/ didn't work?
What do you think is a long term play here?
What should one consider before switching?

Do mention the stage and industry. TIA!

Your founder's office role experience

Maybe it’s just a bad month for me but I am genuinely considering whether I want to continue working in Startup’s after 4 years of chaos.(Mostly Product Management)

Has anyone here made the transition to a corporate role? How was it better/worse? 🤕

Startup to Corporate?

I have a few ideas for products I want to build in few niche spaces. At the same time I’m always a bit skeptic in discussing this with friends thinking they might ask for too much equity in partnership

The downside is that I feel I have to know everything to even get started

How did you do it? If you built your startup, at what point in your life while working full time you started working your own thing and how was the journey like?

Any tips you’d give a budding entrepreneur

How’d you get started?

This question is to anyone who left a stable job and joined an early stage startup. How did you deal with the uncertainty, the high pace, and the changes in life style. 
I have accepted an offer from a startup and i feel very nervous. Mainly because Im afraid of what if it doesn’t turns out right. I do not want to start looking for jobs again.

Leaving a stable relaxed company to join a startup.

I know this will sound like a very biased opinion but just sharing my 2 cents of today’s market.

The way with highest probability of success, money and ensuring a better future for your future generations is to startup.

It has the highest risk, highest reward. But in today’s landscape: where inflation is always higher than your hike, there’s no guarantee of employment even in next 1 years, the effort to remain in top 1% is humongous and many other reasons like that, really make me feel that if you’re able to start a company and even capture 0.1% of market who’s willing to pay something for your service/product, that’s all you need. Of course the struggle doesn’t end there and you have to keep working for as long as possible? But your capacity to earn and provide for generations to come is much higher than working for someone else.

All disagreement is welcome :)
Just tired of running this race for years now and still never feeling financially secure.

The guaranteed way to success (if there’s one)

It depends, founding a startup is a 24/7. For me, I need the time that 9-5 jobs provide after work for my health issues. Also my current company is doing a lot of layoffs so everyday I start with uncertainty and anxiety, but cannot quit cos I need the income. We are definitely moving backwards in growth in this corporate slavery, expensive education and inflation. In India, Our entire identities is based on our jobs as though your life is useless if you don’t have one!!

Senior Designer

About the series - Asking questions that you generally don't find answers easily or think they are too basic to be asked
Idea originated here - https://share.gvine.app/utBVxDbxRZxLFgzS9

Expanding the question - Most founders have worked high profile roles before going full time in building something of their own. The uncertainty in finances, in most cases reduction from the lifestyle their salary allowed them to maintain, how do they navigate that?

[Startup Series] Q1. To founders, how do you manage with deflated lifestyles?

Consultant

Can folks share some journey on how they moved to MNCs and didn't have to take a huge paycut?

What was the thought process behind it and what do you feel about it now? How are things different?

Startups to MNC/ Establishments

Data Analyst

I am addressing folks who have progressed in their careers enough to earn at least 30 LPA.

If you are earning this much in India, you are already in the creamy layer of lifestyle. You can afford a decent house, a decent car and probably save up some assets for children's education (A lot of people bring up the expensive school fees). 

If you get a salary hike from 30LPA to 40LPA, there is a high chance that your lifestyle will not change that much. Your savings will go up, but still it will take years to retire early in either case. It's quite apparent that if you want to improve your lifestyle at this stage (highest-end middle class), you will require an income source capable of providing leverage and exponential growth.

Barring a few folks I know, everyone else is busy grinding leetcode, mugging up system design for their next job switch or even worse, kissing ass for the next promotion. 

Why don't enough people start learning about business on the side and slowly start investing their free time in learning everything they can about it ? I am sure it will be a much better time investment if you play your cards correctly for a long enough time (I am pretty sure this is still a quicker path to riches as compared to 30 years of SIP investments).

Note: I completely understand that many people have monthly payment obligations like EMIs. And that's why my question is about 'aspirations'. I am not asking 'Why are people not leaving their jobs to pursue entrepreneurship?'. I am rather asking 'Why are people not even thinking about anything else apart from the next (disappointing) hike?'

Why are there not enough folks having entrepreneurial aspirations?

Being an entrepreneur isn't about skills, its about temperament. 
  
 The former is coachable, the latter isn't.  
  
 That's why you don't have everyone jump head first into being an entrepreneur.

Employment to Entrepreneurship

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