The Generalist - #1: Why you should not stay only in startups
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.
Anise Hyrum
Stealth
6 months ago
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