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

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

Welcome to Business Roles's Private Community

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?

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

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