if no liabilities and good bank balance then why not chase dreams.

What is good bank balance in today's time? Any number?

Consultant

Product Manager

Since he doesn’t have responsibilities he can take this punt and join his friends startup. Lets say he loses couple of years of income but he will build his profile for a much senior role later.

Agreed. Risk reward is pretty good for joining early stage startup as long as team is good and company has a decent foundation. 
  
 Pre revenue and pre product is usually a red flag though. Very high risk.  
  
 He should do proper research on the startup, the domain/market of the startup, competitors etc.

Generalist

Sales Leader

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 ...

Welcome to Business Roles's Private Community

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.

What advice will you give to someone torn between working for money and working for dreams?

What advice will you give to someone torn between working for money and working for dreams?- Grapevine

Welcome to Software Engineers's Private Community

I might get an offer from the company which is ready to give me good amount of money, but it's in banglore , I do wfh right now 2+ exp, how much should I ask so that I can live life to the fullest there, here is what I have calculated:
My expenses in HSR layout: around 50k
My investments: around 50k
My saving and other stuff to enjoy my life there and send money to my parents also: 60k
Total: 1.6lakhs per month atleast
For that I need to have 24lpa as a base.. plus I need some relocation bonus.
Is my expected salary at banglore less or more?
How should I start my salary negotiation?

A dilemma of banglore

Software Engineer

One of my friends got an offer during campus placements with a good base pay, later his offer was postponed without clear doj, now he got another offer after 8 months of struggle with a very low salary, now he is getting calls from different startups tho they are good paying companies due to his lower pay rn they are not willing to pay much, what should be the better option he should follow ? He is very good enough in tech among all of us and he is from tier 1 college...

Suggest a best path

Software Developer

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.

Welcome to Indian Startups's Private Community

Is ₹25k p/m salary is ok for a fresher? It is WFH so basically all my money goes to savings.

Why: I know that with all the job layoffs happening, it's kinda stupid to quit but I just can't. After almost a decade in the startup scene I'm taking a break, probably for good. 

From AI to B2C to ed-tech and more I have worked with startups at every stage of growth and across sectors. Almost in every one of these w/o exception, I have experienced burnout, mindless pressure, and being underpaid because I'm not from an IIT or IIM. 

Context: I love technology, I have been a sci-fi nerd since school and I threw myself into the stories of startups changing the world. But because of family finances and the overall culture of startups I haven't taken a break in about 10 years and it's starting to show. 

I don't have savings to last me more than 3-4 months but at this rate I'll end up checking out of society. 

Unsolicited advice: 
1) Most startups and the VCs that back them know they're going to fail but don't internalise their failure as yours. 
2) Always, always take care of your mental + physical health. Doesn't matter if you're intern and you're expected to slog 12-15 hours in the name of learning. 
3) I missed moments with my ageing mom and dad, school friends and just time to read and relax because I was afraid of missing out on "networking" and "office night outs". Fuck all that, it is and it will always be family and frit first. 


Finally, Fuck all you hustle bro CEOs, they have done more to damage the mentor health of a generation more than any politician. I feel stupid and useless because you can't help posturing and creating panic in the name of disruption. Hope AI takes your jobs too. 

PS: See you on the other side.

I'm laying myself off. Indian start-ups have killed my sense of purpose

Product Marketing Manager

I got a job offer of 10 LPA base as a Business Analyst at a BFSI company. The work is full remote with an option to do hybrid as well. The office is in Bangalore and I really want to move there since it’s just the starting of my career and I feel like I could learn a lot by being in office, but idk if I can afford Bangalore rent and COL with this base. Any inputs (including your thoughts on if I should stay remote or move to Bangalore) are appreciated.

Fresher with 10 LPA (Base) offer. Should I negotiate?

Need some guidance. I am currently working in a product based MNC with a decent salary for 8 months. I am having 3 years of work experience. Recently I got an interview opportunity from a US based startup company for a SDE 2 remote role with 50% hike. What shall I do? Should I be continue working in the reputed MNC or try to switch to a startup with 50% hike and complete remote opportunity?

Any help and guidance is much appreciated 🙂

Confused on what to do next

Welcome to Consulting's Private Community

So, I am 25 and working for a company based out of Noida (the category and business is not at all interesting) but they are profitable (handsomely) I am earning in the bracket of 30-36LPA currently.

I have received an offer of a bracket between 50-55LPA from a bangalore based company which has just achieved profitability. (The category is exciting and bangalore being bangalore is exciting as well) 

IF SOMEONE CAN SHARE THEIR PERSEPCTIVE ON THIS? What should I do?

Need a little guidance

How's the current job market like according to you guys? More specifically in Bangalore. I recently got an offer from an upcoming digital commerce player. They're giving a 35% pay hike and the role is decent. I don't love it , I don't hate it either. My only issue is it's based out of Delhi, a city I'm not a big fan of. To give more context I've been born and raised in Delhi but I've been living away from home for 8 years now. It's a city thats familiar but comes with its down baggage. I find the people too aggressive and don't have much of a circle left there. Got laid off from the Bangalore startup I was working at some 3 months back. I have a decent runway but frankly it's not making too much sense to keep paying rent in Bangalore anymore. I keep oscillating between taking this offer and letting it go. Thoughts?

Should I accept the offer?

Growth And Strategy

Recently my friends moved to 4 BHK apartment near Domlur. The total rent is coming to 1 Lakh for unfurnished apartment, it has some really good amenities.

All 3 of them have offices nearby, and I work remotely for a US startup. After, furnishing and one time setup, just rent is coming to 32k. I am unsure, whether moving there would be worth it or not for me.

I really enjoy company of my friends, but the rent for me is expensive + 6 months deposit. I can definitely afford to pay that much rent, but not sure whether it’ll be good decision or not because of market conditions and tons of uncertainties. I cannot back out if I say yes.

I am super confused, one side I want to stay with friends and on other side rent and deposit is worrying me.


Would love to hear thoughts of you all. 🙏

Is it worth it to pay 32k in rent for a room in bangalore if you work remotely ?

One of the reson for increase in rent especially in Bangalore is these early 20s bachelors earning min 20 to 30LPA, who think when splitted rent into 2 to 3 flatmates it will be less than 30K. They don't know the struggle once they get married and is a single earner in the family.

Founder

Welcome to Confessions's Private Community

You're offered two jobs. A high-paying role at a established company or a lower-paying position at a promising startup. Which do you choose and why?

One of my friends, who is highly talented and an adept competitive programmer, recently received an offer from "Tech Mahindra" with a package of 3.25 LPA and a 2.5-year service bond. Given the current tough economic climate, should he accept this offer or wait and prepare for better opportunities? Additionally, if anyone can refer him to opportunities in their current company, it would be greatly appreciated. Thanks for your help and insights!

Seeking Advise !!!

So I recently joined a early stage startup as a founders office product intern,

Basic Insights 
My age - 25
Industry - XR
Stipend - 20k
Travel time - 2 hours up and down 
Location - Banglore 

I rqstd founder for hybrid work as I don't see my real-time need in the office, Founder is quite rigid on the office point and wants me to be present in office no matter what and also on some other things. 

I kind of see it as a red flag, what's would you suggest can this turn to a full time offering or just a internship and then ask me to leave the org.

Note - not comprising on my work by any means.

Need your advice, from senior folks

Support Specialist

Hey guys,
I am planning to shift to Pune from Bangalore.
What are some of the good product based companies in Pune with good packages?
For Frontend/Fullstack developers.
I'm talking about salaries above 40-50LPA

Office/remote work anything.

Companies in Pune?

Don't work for 70h/week

Yup, those who devote themselves to work inevitably do a disservice to their loved ones. That’s why balance is must

Senior Consultant

I have been working in this startup for around 1.5 years now, and soon I am going to be the only developer here, as the other 2 devs are going to leave soon.
The company is now calling me to Bangalore.
I am thinking as there will be no devs my growth will be very less, as this is my first organisation after graduation.
But looking at the market situation it feels like I should just continue with the current org.
I am not sure what to do.

YoE; 1.5 year
CTC: 9 LPA
Saving: 1LPA

Confused about what to do

Hey peeps!

Currently working in a Fintech company in Mumbai as a Frontend Engineer with over a year of experience. The current CTC is 7 LPA. 

I feel like the growth here is limited and from the past few months there's been a lot of micro-management. Even the CTC is not up to Mumbai's expense standard. I live in a soapbox and pay like 1/5 th of monthly salary. Standard of living has been decreasing while it should be opposite.

+ I've 6 days work week with 9 hours /day shift. Although I've decided to drop in papers soon, I'd like to hear your opinions. 

Brownie points if you refer me to some good early stage startup probably in BLR or Pune or Remote.

Should I continue or resign

I am joining a new company which is remote first.

Does it makes sense to be in banglore?

Given that if i move to my home town, I will save 95% of my income.

I am confused because I also like banglore and dont like the idea of living with my parents.

But if i stay at home for 2 3 years, I would be able to buy a property in banglore when i move back in future.

What advice will you give to someone torn between working for money and working for dreams?

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