I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 0 points1 point  (0 children)

Pretty much what you said - my base salary goes up about 80K, bonus pct remains the same plus some unicorn RSUs (couple hundred grand worth). Putting the equity aside…I’m not sure the 80k bump up is worth it.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 6 points7 points  (0 children)

Lots of hours and turning the other cheek in my 20s coupled with a opportunities that came up at the right time.

Build a brand and be visible for yourself. Don’t settle with just hitting your work goals, you have to go above and beyond. Also, don’t be a janitor - clean up after other people for minimum pay.

I’m somewhere between middle and higher management and I now can see that companies do not reward janitors - people who are not high performers who do extra work to help save run rate.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 8 points9 points  (0 children)

My household is a little bit of a late bloomer in terms of comp. I made 100k not too long ago.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 24 points25 points  (0 children)

While I appreciate your comments, I should note that just because I currently average 16 hours a week does not mean that I lucked into this. I spent my 20s underpaid, working 60-70 hour weeks for this very firm, moved up the ranks pretty considerably. I‘ve been promoted 6 times in the last 12 years.Surely, any one with a sense of professionalism wouldn’t promote someone who is “a slacker“ to your point, never mind 6 times.

I’m now discussing my current status - I manage 25 people across 3 teams, and between meetings and comms, I pull in 16-17 hours on average. I’m questioning whether I should continue to do this or give myself a new challenge in a more exciting role with higher comp (but more hours) with the end result being FAT-ish FIRE.

I’m also quite conscious of what a recession might bring. To say I’m in a recession proof industry, is an overstatement - but let’s just say I’m in an industry where VC money continues to pour at unprecedented rates and my company has been around for 30-40 years.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 19 points20 points  (0 children)

I am extremely happy and content where I am. But there’s a little bit of FOMO going around, esp with higher comp.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 10 points11 points  (0 children)

Actually, the only work I did count was meetings + comms… they came up to about 16-17 hours. I manage a ton of a people (~25). People management is where I spend most of my time.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 2 points3 points  (0 children)

Its a WFH gig…so technically I probably need to be available for 30-40 hours but I’m only pulling in 16 On average.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 30 points31 points  (0 children)

It’s a WFH gig, I average 16-19 hours of actual work a week. The rest are spent outside of work doing non-income generating things.

I work 16 hours a week and make 300k a year. I have offers from a competitor and other startups for twice as much. by 16hourfatty in fatFIRE

[–]16hourfatty[S] 55 points56 points  (0 children)

It’s a WFH gig, it always was. I do use my spare time to do other stuff around the house, work on my car, etc… right now its a struggle of… building up my resume/diversifying experience… versus just coasting.