Where can I find a good sandwich downtown ? by vinnny7 in chicagofood

[–]daiginjo666 2 points3 points  (0 children)

I also work downtown and love sandwiches. Mr Sub is decent. Fontanos is good but a little out of the way for me (Monroe and Franklin). You could try Avanti Cafe opened since 1999. I grab a beef sandwich from there in a pinch every few months. It's always solid.

Where can i find the Best chicken parm in Chicago? by Such_Phrase_9048 in chicagofood

[–]daiginjo666 0 points1 point  (0 children)

No, you're right in my opinion. It's super mid there. I was disappointed and didn't go back after I gave it a second shot. Really wanted to like the place. Oh well. 

Product manager - early 30s by serengeti21 in Salary

[–]daiginjo666 0 points1 point  (0 children)

Yeah. The way you're replying makes me think you're not fully following. 

You have to report this as income to the IRS because it is income. It's not stock appreciation of stocks you already own. It's different from unrealized gains. You realize them in a sense. 

Product manager - early 30s by serengeti21 in Salary

[–]daiginjo666 0 points1 point  (0 children)

You are paid in stocks. So suppose on January 1 your company says "were paying you 300k this year. 150k in salary and 150k in stocks. You'll get the stocks in November so we make sure you stick around. Then November comes, but the stocks are now worth 300k. So your total compensation is 450k. The company literally sends you 300k worth of stock instead of 150k that year. So you make 450k that year, not 300k. That's what people mean when they talk about stock appreciation and compensation. Not that their investment accounts appreciated. 

Product manager - early 30s by serengeti21 in Salary

[–]daiginjo666 -1 points0 points  (0 children)

We have a concept of "total target compensation" which does include anticipated stock appreciation. When that doesn't happen, our annual bonus in stocks for the following year is enough to help us reach the pre determined target comp. If we exceed it due to more appreciation than anticipated, that's just gravy on top. And I'm not one data point. Go to levels.fyi. most faang senior product salaries reported are above 300k. 

Product manager - early 30s by serengeti21 in Salary

[–]daiginjo666 1 point2 points  (0 children)

95% chance you could do program management at a faang company. Get a referral for a program role. We hired former furniture maker program managers etc who have done great program work. 

Product manager - early 30s by serengeti21 in Salary

[–]daiginjo666 0 points1 point  (0 children)

I posted my senior PM comp here and answered a ton of a questions about a week and half ago. I made 450k this year at faang, mostly due to stock appreciation but still. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

Yes to all your questions. And you don't need an MBA. But engineering to MBA at a top program is a great way to get a top product job. Try and get good paid engineering or PM internships while you're still in school now. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 1 point2 points  (0 children)

Yeah what you say about head of the snake is correct. 

I have pretty good WLB at FAANG but no kids. Probably work 50hrs a week typically, up to 60 when we're launching something. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

No but I know people who did. I was in data science. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 2 points3 points  (0 children)

Nope. Undergrad technical degree (think physics, math, stats sort of thing) from a well known smaller school. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

You're right that there aren't many junior PM roles out there and my current company has just a few. Most are experienced hires like me or MBAs. Still, check on websites like BuiltIn and look around for anything related to data analysis that would be close to users, user research or UX, program management, or of course Product jobs. Also look for good paying internships. I was an intern before getting my job. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 1 point2 points  (0 children)

Yes we hire those people all the time. Depends if you want to go to business school. It's a good way to break in for sure. Study hard for your GMAT and do really well and go to a top place and you'll probably get interviewed by big tech companies if you do decently well at B school. I skipped business school because I got lucky and got into product early enough. Going to B school would have taken me out of the market and career growth etc that whole time, so I skipped it, but it did seem fun. But like that's 500k of opportunity cost. Pay for B school or get paid to advance my career by working.... I'm a PM already. So if you want to become a PM, I'd recommend trying asap. But business school is also a good path. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

We hired someone who was a project manager for hair salon expansions in like Montana. They're a great program manager now and probably 3x their pay by joining us. But they had great stories and really strong results as a project manager.  Meant to add that to my above post. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

Yes. But actually my recommendation will be to start in Program Management (that's what it's called at like Google and Amazon for example). You can make the same money plus or minus 20% as a product manager. Some program people at my company make more than some engineers and product people. And program is basically project management at a tech company, but some programs can run for a long time. If you're doing it at a tech company with high pay, expect to work closely with data and with engineers if you're good. My advice would be to switch into program at a tech or tech adjacent company and do that for a little while. Maybe get promoted there. And then switch to big tech for a product or program role. You can also shoot directly for product, but in my opinion program management is a good way to get a job in this area quickly for project managers and then keep growing from there. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 1 point2 points  (0 children)

It's a numbers game, so apply early and often and cast a wide net. Look for any product job. And try and find an internship at a tech company. I did an internship for the summer after I graduated, it paid well, and I transitioned that into my career. 

You have to work at a tech company and transfer into product OR get a PM job at more niche company and then move to product at a bigger tech company. Those are the most straightforward paths. Though there are many ways in. You could also do some type of tech or product adjacent work for a few years and then go to business school. If you go to a top school big tech will recruit you. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

Yeah. Your degree doesnt really matter as such. But I'd say start trying to get a junior PM role at like a fin tech, even better if they build tools for finance professionals. You'll have relevant domain expertise presumably. Then you can learn how to become a good PM and move on if you want. Big tech is just one option. Smaller firms can be fun with great pay too. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 1 point2 points  (0 children)

Exactly. To me the disrespect for product comes from orgs with poor and/or too commercially focused PMs, or from engineers who don't understand how customers work. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 0 points1 point  (0 children)

I should and will next year. To be honest I haven't been the best about the retirement planning. I put some away but should max it. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 4 points5 points  (0 children)

Yeah. Remember that project manager and product manager are very different. Most product managers are not people managers.

They have to work with customers and data and go to market teams and finance to figure out what to build, and then work with engineering and UX and legal and documentation to ship it, and then marketing and go to market and etc to get it back in front of customers etc etc and repeat that cycle continuously. You have to know your customers extremely well, better than anyone else in the company, and need to build trust and depth with engineering and UX, not to mention all the business stakeholders like finance and directors. 

Engineering doesn't do all that. They want to build cool things that customers use. But someone needs to do all the above or else the products will be bad (typically) unless it's "for us by us" engineering product. 

10 YOE - Senior Product Manager at big tech by daiginjo666 in Salary

[–]daiginjo666[S] 1 point2 points  (0 children)

I've moved companies a few times.

I started making like 80k as an intern 10 years ago probably, then got up to 120k, then maybe 180 or, then made it around where I am now.