Story of Middle Class guy from 3.5LPA CTC to 1.2Cr CTC (46Base + 72Esops) in 4 yrs
Started working in 2017 (Graduation: Tier 2 College) in hand salary: 28K per Month. Worked for 2.5yrs, had big dreams, didn’t knew what to do, how do I 10x my salary, saw my manager 40yrs old earning 25LPA in the same company. Realised I don’t want to do this for the next 20yrs and the reach at 25LPA. Started preparing for UPSC (wanted to make it big) realised within 6 months, this is not my cup of tea, appeared for MBA entrance, cleared the exam joined Tier 1 MBA, post MBA: 25LPA + XX Esops in next two years at 1.2Cr CTC inc ESOPs.
Before 2030 plan to achieve FIRE with 8Cr networth. By 2040 make it 100Cr and retire. Chill at beach with beer in hand and two other friends.
What’s your story, do share those goldmine inspirational stories!!
Before 2030 plan to achieve FIRE with 8Cr networth. By 2040 make it 100Cr and retire. Chill at beach with beer in hand and two other friends.
What’s your story, do share those goldmine inspirational stories!!
😂😂😂
With what is going in the market with the startups and valuations getting reduced, i consider the value of my esops as zero. If they do well in the long term, great. If they actually become zero, well I didn't have any expectations in the 1st place.
Not sure, but I have heard that after ipo, employees may not be able to sell the stocks within 1 yr. Not sure though.
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Graduated in 2022 - Tier 2 college but started working part time/long term internships since 2018 and full time since 2021. I'm 2021, I joined at 20k per month CTC with 16,400 in hand. Performed well there and managed to get 45K on my severance. Joined a new company at 50K in 2022, got it bumped to 75K in two months. Then in mid 2023, joined a new place at 1.75L per month.
Now I work with multiple companies as a consultant and make approximately 5 - 5.5L per month (though I'm thinking of dropping a few clients, might come down to 1.5 - 3L per month)
No esops as such so far, unfortunately... I mean, technically I have advisory equity for a company but it's in very initial stages, let's see where it goes!
This is insane bro, can you expand on what you actually do? What is advisory equity?
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Jordon Dean
Stealth
5 months ago
In that case, your (notional) CTC per year is ~64lpa, not 1.2Cr.
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Started in 2018 post MBA from tier 1 college with 7 lpa, all fixed. Worked for 3.5 years in the same organisation. The next switch was at 10 LPA ( all fixed) in Mid 2021. Worked there for 6 months.
Next switch Jan'22 at 20 LPA (18 fixed+ 2 variable).. worked for 2 years, after 1 round of appraisal, CTC was 23 LPA ( 20 fixed+ 3 variable) and 4 lac in ESOP vested till now.
The latest switch was just 2 months back. Current CTC 30 lac fixed + 5 lac variable + 2 lac JB. .
This is not a 1 CR+ story my friends, kudos to those who have been able to achieve it
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