Switching to PM might be a mistake
I have a unique background and at a turning point in my career.
I recently switched job from being a data scientist (DS) at FAANG to Product Manager at Nordstrom, mainly because:
1) I always wanted to be a PM but couldn't switch in the company I was at
2) although I was good at data analysis but I am a superman when it comes to driving cross team projects
3) I have also co-founded a startup in 2015, and absolutely loved the hustle.
I have 6+ YOE in the data science domain. Masters in non-CS , industrial engineering (which is the bummer)
It's been 10 months at Nordstrom and I am starting to feel difference of a retail (though they have e-commerce) company and tech company. PMing here is completely different; it is extremely slow, not analytical, lack of leadership and very political. And most importantly the compensation makes me cry. (130K TC, took a pay cut when I moved).
I am in my 30s and need financial stability ASAP.
So I have three choices now-
1) Start looking again for a PM role in other companies that pay well (but not sure if i can get an offer due to lack of experience)
2) Stay here for experience and then look
3) Go back to data science for a bigger paycheck
Have any of you guys been through the same? I am interested in listening to your journey
Any thoughts or advice is highly appreciated!
edit: I am a PM for their e-commerce business.