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What is the best career move to make financially? (I have 2 options)?

I am a woman in my mid-20s working a solid corporate job. I have the opportunity to accept a position with a startup that currently has a few employees. I have a lot of faith in the startup and am friendly with the founder. I know I won't get the benefits at the startup that I currently get at my corporate job (I'm in graduate school and my current company has a tuition reimbursement plan, which doesn't make my job easier), but I am overwhelmed by the office politics at my job and am not happy with my career path.

At the startup, I would be "second in command" after the CEO (so no office politics) and I'd have the opportunity to try a career path other than my current one.

I don't have a family, so I don't have to worry too much about bills, so I am seriously considering taking this serious opportunity.

I appreciate any guidance.

Oct 21, 2015 by Leandra from Beverly Hills, CA in  |  Flag
3 Answers  |  5 Followers
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6 votes

Hello,

I suggest choosing the startup opportunity, it will provide you great experience regardless if you succeed or fail. Experience is the most valuable commodity to have at your age and corporate jobs are always going to be around. If you are worried about the cost of grad school you could certainly take a break and finish later. It sounds like you have a great opportunity on your hands. Go with it!

Good luck.

1 Comment   |  Flag   |  Oct 23, 2015
Leandra

Thank you!

Flag |  Oct 30, 2015 near Beverly Hills, CA

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0 votes

First, shoot for the moon go with the startup after you do due diligence but realize that most startups fail. Second, do you have sufficient savings to last 6 months if the venture fails? Third, ,and most important, there will always be office politics unless you run your own company SOLO with no employees.

1 Comment   |  Flag   |  Oct 21, 2015 from Snyderville, UT
Leandra

Thank you!

Flag |  Oct 30, 2015 near Beverly Hills, CA

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Richard P Taylor Level 17

I would agree with Bill's answer to this. I would add this: At your age, it is probably worth the risk at this stage in your life. Once you are in your 40's, maybe have a family, it becomes more difficult to take these types of leaps. The last thing I will leave you with is this: No matter how much money you make, it doesn't mean much if you are unhappy every day. It sounds like that is where you are at right now. If you do go forward with this, go with your eyes open to the possibly outcomes that accompany startup businesses. Bill is correct, there is a very high failure rate. However, if it is a success, it'll likely be a very large success for you. I wish you all of the best!

1 Comment   |  Flag   |  Oct 22, 2015
Leandra

Thank you!

Flag |  Oct 30, 2015 near Beverly Hills, CA

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