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I left my FAANG job recently. Despite having a seed round when I left, which definitely weighted the decision, I pay a very little salary to myself, basically covering health insurance and a bit more, so I burn my savings. I made sure to have around 2 years of savings (not counting my little salary), so if in 10 months the picture is too bad, I can simply get a new job. Now, what really made the difference in my decision is:
- You’re the average of the 5 people you hang out the most. My co-founders are great people with a great tracking record and this makes a huge difference
- Learnings. You won’t learn nearly as much about building a business if you continue taking it as a side gig
- we have already a product already generating some revenue. Not huge, but we believe in a great potential
- as I mentioned, the seed round of course changes the perspective
- “if I wouldn’t earn as much, would I stay at my job?”, every time I would think about this, the answer was a big NO! I really didn’t want to live this miserable day to day because of a pay check
- lastly, which is very personal, every time I’d think of memories of my childhood and the “rich kids” friend of mine, none of them had parents that were employees. Even now, every “rich person” I know are entrepreneurs. Sure… the odds are low, but I rather take the risk and live the life I want |