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I'm having 2 offers currently for data engineer position, 1. Quantiphi: fixed 15, 1 VP. Project: electronic health records
2. Virtusa: fixed 16.15, VP 5%. Project: British telecom. Migration project, PySpark coding with AWS glue EMR.
Please suggest me which one is best?? Feb 8th is my LWD.
I'm also in 2nd round at other companies like Brillio , NetApp (Data ops)
What are pre-MBA pay bands at MBB?
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I’m in a similar predicament. My father wants me to take over the family business which does $2+ mm in rev and has a lot of potential to grow. The catch is I’d have to move back to a small town without many other “knowledge” professionals my age (think sandy beach town full of retirees), so I’m worried how that could impact my social circle.
I think I’m going to do it. I love business and I don’t think I’ll forgive myself if I let this opportunity go, not to mention letting my dad down. Even though I’m youngish (27), I think I could add a lot of value fairly quickly by bringing real business acumen to the company. My plan is to take the plunge this time next year to take it over unless I get accepted to a M7 MBA program. Wish me luck.
@McK1 I thought MBB experiences were a strong candidate for HSW and sure-shot for M7. Is this an incorrect assumption?
At the very least, take BCG/MBA as life experience. If you didn’t have that experience, perhaps you’d have joined the family business but always wonder “what else is out there?”. Who knows. But I think worth considering the less tangible and much less visible benefit of having done it.
Congrats on the opportunity!
My wife did something similar, high flying exec w MBA that took over the family business. Definitely something she struggled to reconcile. But at the end of the day you only get 1 family business, and 1 family. And your value add and dedication to the business will likely be more than anyone else’s. Everything else is more or less replaceable. At least that’s how we rationalize it, good luck! 👍
Thanks BCG2. This all makes sense... more time, flexibility, $, but less thought provoking, industry leading/changing work.
If the business is a lifestyle business with no room to grow, maybe you are right. However, I’ll bet that’s not true. As others said, your skillset is valuable for exactly this situation. You’ll be amazed what bringing professional acumen to a small business can do. Take the leap!
Could you be more of a consultant for the family business? Just come in when big decisions are needed?
MBA and consulting experience should tech you skills that apply to every business. It’s about a rounded perspective and idk about BCG but Deloitte does give you that business intuition on what people perceive as valuable etc. Things like how to send emails that don’t get ignored how to run productive meetings, these will all come in more handy than you think
Without knowing anything about the family business or why you might need/want to join sooner rather than later, my only recommendation would be to stay in consulting a little bit longer to build your network and experience so you can either leverage that when you leave to help the family business or use it to boomerang back.
Yes. Can you not be in BCG as well as grow your business. Perhaps some connections from BCG work which may help business. And, some personal projects in your business that may help you with additional insights that will add to BCG knowledge repository or your client serving ability.
You can always go back to consulting if you aren’t happy.
This seems like an amazing opportunity to actually do some real value add and grow the company to $2+ million. What industry is the company in?