DerpyWaffle
DerpyWaffle

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

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.

3mo ago
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PrancingPotato
PrancingPotato

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

DerpyWaffle
DerpyWaffle
EY3mo

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

ZoomyCoconut
ZoomyCoconut

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.

ZippyMochi
ZippyMochi

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.

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