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Some career advice for all of you on Hacker News. This advice may be two years too late, but may help someone just getting in now. The decision to leave a high
by techcrunchtroll 16y ago
Some career advice for all of you on Hacker News.
This advice may be two years too late, but may help someone just getting in now. The decision to leave a high-paying Wall Street firm is foolhardy and one that you will more than likely live to regret later. It would be much more prudent for you to stick around at a firm for 5-6 years, put away $500K-700K in cash, get some experience, make connections and then make your move. Otherwise, you'll probably end up stuck at a startup that is not really going anywhere anytime soon (maybe it will, but maybe it won't), and it will be too late to go back to Tier-1 firms to make some cash.
So the lesson for you young guys out there: Don't pull the trigger too soon IF YOU ARE ALREADY IN A MONEY EARNING JOB.
Wait it out for several years, build a small safety net, and stash away some capital for your entreupreneural endeavors a couple of years later.
- gfodor 16y ago"Life is what happens to when you are busy making other plans" No better way to ensure you'll never follow your dreams than set yourself up to be dependent upon a large salary and plan on pursuing them "a couple of years later."
- jgamman 16y agopay bulk of your salary into a savings account. get used to living on say, 20% of it. you'll see pretty soon if you're 'following you dream' or getting hooked on cash