Need Some Advice: Balancing Startup Dreams and Financial Stability

Is working on your own startup while in MNC a moonlight case, will it lead to serious blow from your company. Wanted to know the opinion what happens when your manager finds out that you also run a startup. What are the possibile things you can do to avoid this ? Any recommendations by anyone . Or any things to be aware of ?

I'm a marketer with 4 years of experience working with startups, corporates across different industries. One thing I'm realizing is that having a single source of income is just not sustainable anymore. Also, I've been dreaming to go indie hacking or take the solopreneurship route for quite some time now. But the biggest barrier has been the commitments I've got at my job. If any of you have started a side hustle or are planning to start one, how are you balancing it with your day job? What are the challenges you faced/are facing and how have you overcome them? Currently working in an early stage SaaS startup

I am from a Tier 1 engineering college. Have done multiple stints in education and ed tech and am now at a VP position at a mid size edu company. Earning 50 LPA post 8 years of Work Ex. I can keep going at this rate and will have a comfortable life and also be in leadership positions which I enjoy. However I have been tempted to start up to have a shot at exponential gains in life- whether that is growth, money or influence over others. But then sanity also says most startups fail and why you want to spoil a good path. Anyone else faced this constant oscillation and how do you think about it or go about addressing it

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.

I am 3 years into my career and I have deep passion for Software engineering. I genuinely like it. I want to become a better engineer by going deep. But since the time of my internships in college, I have always been fascinated by startups and want to have one of my own. Now I have an idea(again very passionate about) and I’m working on it but my dilemma is that if I run a startup, it’s going to take me away from my other interest of engineering. Any thoughts?

I’m a software engineer with 2 years of experience, in my first job, leading the tech team of 10 at an early startup startup. I graduated with a bachelors from an IIT in 2021. I’m planning to move abroad (probably EU) and switching from being a full stack javascript developer to quant developer profile because of better pay and perks. My main goal is to save about 100k pounds in two years to have enough to bootstrap a startup and sustain a team of 5 people upto 2 years. Please share any advice you have for me. Thank you!

Im working as a developer in a unicorn startup with good salary for my age. But from college time I was interested in entrepreneurship trying different thing and later after completing college I joined this unicorn and worked hard, shifted to their new stealth startup and worked there with for 1yr, tried to work in every possible opportunity that I got with design team, product managers and learnt how to build a startup from scratch, but later due to creative issues in top level management and less revenue than the competitors the startup was shutdown and I was moved back to the unicorn and again started working as an developer. Tried different things from then 1. Tried joining top B schools but couldn’t afford 2. Tired pitching ideas to friends, seems like no one interested in taking risk leaving the life they have now 3. Tried starting few things on my own but always end up failing with no support 4. Tried attending conferences but that too never led me anywhere Now don’t have as many friends interested in entrepreneurship or mentors to guide me. Just passing the days doing the same work again and again please suggest me what to do next or give me any kind of advice

Hey everyone, I'm currently working as a SDE at a startup with about three years of experience. I'm considering making a move, and I've received an offer from an early-stage startup where I'd be joining as a founding engineer. My main motivation for wanting to switch to some startup is the potential for high learning and growth opportunities, especially since I'm still relatively early in my career. However, I'm a bit torn between targeting multinational corporations (MNCs) like FAANG and sticking with startups.On one hand, MNCs offer more stability and potentially valuable stock options, which can be more than just paper money. So, my question is, should I prioritize learning and growth by staying with startups, or should I also consider the FAANG tag and potential stock benefits? Also Would there be any added advantage when I later interview at some FAANG , after working as a founding engineer for 3-4 years in some startup (given I’ll have to build multiple things from scratch and owning multiple modules). The base package for the offer I hold is roughly equivalent to what FAANGs pay at my level. Any advice or insights would be greatly appreciated. Thanks in advance!

I am working in a Pre Seed GenAI Startup (2020 Founded) as Head of Engineering (Team of 20 with 5-6 in Engineering, No CTO) It's been 3.5 years (3yrs Full Time + 6mon Internship) Previously it is in EdTech now in GenAI Space My CTC is 8 LPA + 0.45% ESOPs (10-12L in 25cr valuation). Skills: Nodejs, Nextjs, Monorepos, MongoDB, AWS, Serverless 1-2yrs ago we were thinking about scaling the tech team, etc but then that EdTech model started failing and then we went to a war time after that we pivoted currently also we are burning money revenue is there but very less (25% of the expense) I was of the view that I want to lead teams and scale products That's why I was there in the team It can be the case tomorrow if we scale but Now I am confused whether I should switch my job and or stick with the startup maybe the startup grow tomorrow or a big VC fund us to scale (as I have ESOPs) or it will just be a waste of time or opportunity cost Please guide 🙏 Anyone with a similar startup experience would really appreciate your help 🙏

A senior of mine, took a job with 30% paycut after being laid off earlier this year. The work is okay, but no growth from what he can see (service based company problems) He has a casual offer to move to Bangalore and work for a friend's seed funded startup. The pay maybe significantly lesser than what he is making right now (so further paycut), but the work is a dream role, will get to shape and build the product basically immense growth. Bangalore is an expensive city, less money will be another concern. For background, he is 33M, not married, working remotely from his hometown so saving on rent too.