Should I stop climbing the ladder?

Airbnb elonx
Aug 29 18 Comments

I’m currently a software engineer at a well known large tech company (left airbnb a while back), but all I do is pretty boring stuff. I’m paid around 150k base and the equity is about 80k per year at this point. I’ve wanted to pursue my own projects / startups for a while, but I keep getting pulled back into the rat race of trying to get promoted. I know a promotion will probably increase my total yearly compensation by around 70k based on my data points, and it is good money. I am on track to get promoted in about a year as well (manager basically promised me that and I’m a pretty high performer). But I really don’t like what I’m doing in my job and I wish I had the nerve to just leave the rat race and spend time trying to build my own company.

How can I justify leaving a potential increase of 70k for a leap of faith towards a much riskier path of building my own company? I’m turning 28 soon so I’m not getting any younger at this point. I just hate the thought of wasting my best years slaving away for an extra 70k.

tc: 230 yoe: 3

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TOP 18 Comments
  • Amazon uaqh79
    The higher you climb the harder the fall.
    Aug 29 3
    • Airbnb elonx
      OP
      that’s what i’m worried about too, if i keep saying “i’ll quit after the next promotion”, will i just keep saying that forever?
      Aug 29
    • Microsoft / Eng jumpj
      no this is not correct, if u cant climb up when you grow older like 35+, you will be jobless
      Aug 30
    • Amazon uaqh79
      That’s very false, I know plenty of 40-60yo+ sdes that are successful.
      Aug 30
  • Samsung statarb
    Are you a PhD working at Voleon? How are they doing?
    Aug 30 1
    • Oracle
      not_larry

      Oracle

      PRE
      Amazon
      not_larrymore
      Wow... this guy guesses hard
      Aug 30
  • Get inspired by techlead. He was working 80 hrs a week at fb and still had enough to run his small little thing on the side 🤣
    Aug 30 2
    • LinkedIn haikuyi
      He got fired recently lol
      Aug 30
    • New / Mgmt
      xsAS42

      New Mgmt

      PRE
      PARC
      xsAS42more
      He makes about half of his previous salary just from vloging. I'd say he's doing pretty good.
      Aug 30
  • EA
    YJMJ04

    EA

    PRE
    Oracle
    BIO
    Senior Software Engineer
    YJMJ04more
    It really depends on what your goals are in life. For me, I’m turning 30 and I want a long term relationship. So I slowed down my career and devote more time in dating and meetup with guys. Once I am in a relationship, I might resume climbing ladder again

    TC : 350
    Aug 30 0
  • Samsung statarb
    Why YOE 3 at 28?
    Aug 30 2
    • The Voleon Group chicken🐔
      Grad school?
      Aug 30
    • Airbnb elonx
      OP
      i quit my phd halfway through
      Aug 30
  • New / Mgmt
    xsAS42

    New Mgmt

    PRE
    PARC
    xsAS42more
    Dont quit, start your project now. MVP it. Run it past other founders, they will intro you to VC's. Gauge their interest, the rest will take care of itself.
    Aug 30 0
  • Bloomberg / Eng F.U. money
    🤣 28 and not getting any younger 🤣

    The answer is simple - if you want to sabotage your career for the 0.002355% chance of success then go ahead.

    If you’re a true strong performer, it would be super easy for you to stay and do your project on the side and have something viable before 30.
    Aug 30 0
  • Uber denshaSai
    Can you do side project first on your own, once there's traction then quit
    Aug 30 0
  • New fhhwt
    Yup u need to decide now itself
    Aug 29 0
  • New fhhwt
    Cool u making a lot money on just 3 yoe
    Aug 29 0