Consulting Exit Opportunities

Just received Chief of Staff position at a high growth consumer startup in NYC/SF...

like
Reaction Icon Like
Arrow Icon
Posting as :
works at

Total comp feels low. You're going to be working your ass off in this role. Make sure your shares will not be diluted in the future. How many YoE?

Reaction Icon Like
like
Arrow Icon

I’m well aware. It’s going to be hard ass work but hopefully it will pay off in $, exits, etc.

Reaction Icon Like
Arrow Icon

Sequoia, a16z, I'd take it. You can make money later. The sheer experience is worth it, if you're hustling.

Reaction Icon Like
like
Arrow Icon

Thanks M1! That’s where my heads at now. It’s really the most derisked it could be considering it’s an early stage startup. The nature of the product will probably either sell within 3 years or be enduring (obv if it doesn’t die). I already have a good VC network and have been deep in interviews with tier 2/3 funds so it prob won’t be too difficult after all this (I that’s what I still want to do)

Reaction Icon Like
Arrow Icon

I’d be thinking about how quickly we can burn up that cash to get to series A so I can get that pay bump. Both high cost of living states and if tier 1 VCs throwing money in, and you are this early into the company...either comp or equity should be commensurate. I’ve been a chief of staff...it can be a very strategic role with daily executive leadership exposure and influence that preps you to own a P&L or it can be an administrative function. Make it the former

Reaction Icon Like
helpful
Arrow Icon

It’s definitely the former. There’s no time for an administrative role but good advice nonetheless! It’s really first biz hire

Reaction Icon Like
Arrow Icon

I was offered 90k with similar experience last year for a chief of staff role at a startup, based in Seattle. Would push higher

Reaction Icon Like
like
Arrow Icon

Comp (he said there was wiggle room and after we raise series A I should expect a bump): $80k .2% 75% healthcare / benefits I have an interest in VC (interviewed with well respected funds) and currently work at a tier 2/3 consultancy. I am a good networker and hustler :) The company is small, <12 employees and I will be in charge of Growth, Recruiting, CX, Ops, etc. They have raised $5mm seed from tier one VCs (Sequoia, a16z, KP, Lightspeed). What should I be thinking about?

Reaction Icon Like
Arrow Icon

Founder was previously VP of product at a unicorn and well known one at that.

Reaction Icon Like
Arrow Icon

Total comp is waaaaaay too low for those cities. You should be aiming for $110-120k base minimum

Reaction Icon Like
Arrow Icon

A1 idk where you’re working but it’s def not big 4/below. If that’s true that’s great, but I’m sure we all know folks doing jt

Reaction Icon Like
Arrow Icon

In my mind, I feel like I should be aiming for 1% and like maybe 5k more. I already max my 401k and we’re not going to be cash rich. Raising won’t be an issue. Thoughts?

Reaction Icon Like
Arrow Icon

What does chief of staff do?

Reaction Icon Like
Arrow Icon

I think it’s a sexy title right now. Traditionally they are either more administrative or take care of strategic projects (fundraising, growth, etc)) My role will span biz dev, growth, recruiting and ops for a specific niche vertical within the company. I think this role is more akin to coo than cos

Reaction Icon Like
Arrow Icon

Related Posts

Generally, how do Accenture managers compare in terms of compensation, talent and responsibility to Pwc? How common do managers cross over into the SM role?

like
Reaction Icon Like
Arrow Icon

Interviewing for a temp to perm position. What gives? Am i doing myself a disservice? It’s a huge brand, but I’d be leaving benefits and all behind. Are temp to perm usually genuine?

like
Reaction Icon Like
Arrow Icon

Is FP&A at a F500 a good exit opp as a newly minted senior?

like
Reaction Icon Like
Arrow Icon

Any PM coming from a design background? Do you miss design craft? Any advice for a fellow designer considering PM role?

like
Reaction Icon Like
Arrow Icon

I’m curious to see what the average pay for a campus recruiter in NYC is. I’m one year into this role, came in entry level, and already got promoted, but I want to make sure I’m getting fairly compensated. Any other recruiters here?

like
Reaction Icon Like
Arrow Icon

@Deloitte 🐠 if someone wanted to find a role in Cybersecurity, would it be better to look at the Deloitte advisory or Deloitte consulting? E.g. Is the advisory side mainly compliance exercises, etc?

like
Reaction Icon Like
Arrow Icon

Has anyone gotten laid off from one big4 and gone to another big4 and stayed there for several years to manager, senior manager position?

like
Reaction Icon Like
Arrow Icon

Does anyone know of anywhere still hiring strategists or creative strategists? Or Content writers?

like
Reaction Icon Like
Arrow Icon

I work in m&a mostly doing PMI, divestiture work, and ODD. Any type of role I could move into FAANG at? Know Corp dev is usually for bankers or MBB folks

like
Reaction Icon Like
Arrow Icon

Chances of landing an offer - higher through a referral or through a direct recruiter?

like
Reaction Icon Like
Arrow Icon

Some of these posts are ridiculous. They’re like just exited consulting to FAANG/Niche Startup with $150k base and $400k TC with 6 months of experience,you can do it too! Then they ghost or explain that they are a former SWE 😬 coming from MBB. Going to some super Niche role that people with crazy backgrounds are recruited for. Congrats, but not everyone has that background

likefunny
Reaction Icon Like
Arrow Icon

Cyber: EY vs Accenture - which do you think will give me better exit ops when up for Manager (2-3yrs)? Accenture seems very ahead of the game when it comes to tech, but im also trying to get less hands-on implementation and more into strategy and selling, which seems like it might align more with EY. These are just gut feelings tho, would like input from people in the know.

like
Reaction Icon Like
Arrow Icon

Are you an RPA expert with 3-5 years of experience and looking to transition into BFSI? IM for details. I am hiring.

like
Reaction Icon Like
Arrow Icon

Thinking of switching to be a digital analyst. Is this a good career choice? What's the career trajectory in this role? I love both so want to make a move

like
Reaction Icon Like
Arrow Icon

I have a new manager working with me who is surprisingly not great at the role. We’re in industry and she’s worked at the company for a long time but in a different capacity. (Cont)

like
Reaction Icon Like
Arrow Icon

HELP: Very unhappy in current role, with team, salary and work load. Got another job at independent agency but current agency has counteroffered & says I can move teams - should I stay or go?

like
Reaction Icon Like
Arrow Icon

Finally locked in a partner track role!! Did 2 year consulting and 2 year PE. How should I position myself differently now that I’m in this for the long haul?

like
Reaction Icon Like
Arrow Icon

Besides the money, business class tickets, and mind boggling exit opps, what are the best perks that MBB firms offer that Big Four shops do not?

like
Reaction Icon Like
Arrow Icon

Any thoughts on taking a transformation proj mgr. lead role in industry if they will match pay?

like
Reaction Icon Like
Arrow Icon

Recruiter said in re: to Supply Chain Manager role that the company could do lower six figures. Have to imagine that she really means low 100s, right? 250k is still lower six figures.

like
Reaction Icon Like
Arrow Icon

Additional Posts

What would lead to firing due to expense report issues?

like
Reaction Icon Like
Arrow Icon

What a nightmare of a project..

like
Reaction Icon Like
Arrow Icon

Thoughts on West Coast Healthcare and Tech at Evercore? How does it compare to NY in terms of comp and deal flow?

like
Reaction Icon Like
Arrow Icon

Some of my work was supposed to compete for some metal in Cannes this year. Based on my prediction that we would win, I made plans to go to a better agency for a bigger salary. Now that Cannes (cont)

funnylike
Reaction Icon Like
Arrow Icon

Anyone working remotely for a US company and are stuck in Europe due to the travel ban? How are you handling your taxes?

like
Reaction Icon Like
Arrow Icon

Freelance creatives: two questions for you. 1. Do more of your clients hire you as temp employee or as a vendor. 2. Do the majority of your assignments bill as hourly, day rate or project fee?

like
Reaction Icon Like
Arrow Icon

After 1.5 years and 3 failed attempts, today is finally my last day at my client! Excited to move on but damn I'll miss my team and work friends from the account.

like
Reaction Icon Like
Arrow Icon

Would it be a bad decision to jump ship 5 months prior to the Consultant > Senior Consultant promotion? Looking for long term view. Potential ~35% comp bump going to industry, but not a ‘senior’ title

like
Reaction Icon Like
Arrow Icon

If I don’t like consulting at all then should I stay away from corporate strategy? Is it essentially an internal consulting team?

like
Reaction Icon Like
Arrow Icon

Got turned away from my dream job after interviewing there for the 3rd time. I always make it to the final round, but always get beat out by another candidate. Feeling major "not good enough" feels

like
Reaction Icon Like
Arrow Icon

How many tech consulting manager 🐠 here are hands on writing code? How much % of your time do you spend doing it? How does it help your case for a promotion or it doesn't? New proj asking hands on...

like
Reaction Icon Like
Arrow Icon

Can anyone honestly say “I’m proud to work at my firm” considering all they have done to us these past few months? I do not know a single Big 4 or national firm that has handled this pandemic well.

like
Reaction Icon Like
Arrow Icon

OMD NY.... thoughts? How's the culture? Work/life balance?

like
Reaction Icon Like
Arrow Icon

Whoever decided they should be called "dreamers" deserves a nice bonus. Seriously, great branding.

like
Reaction Icon Like
Arrow Icon

FB fam: Need 11k miles to complete AA exec plat challenge due in 4 weeks, any cheap long haul travel recommendations? Thanks in advance!

like
Reaction Icon Like
Arrow Icon

Pre-Q I loved hitting the client site and walking the halls. 8 wks later, I’m quite happy wfh, and would love it if companies offered it indefinitely (or, at least much more frequently) Anyone else?

like
Reaction Icon Like
Arrow Icon

What is the hourly rate for strategists? Asking for a friend.

like
Reaction Icon Like
Arrow Icon

What pays more post MBA - PE/ MBB/ IB?

Reaction Icon Like
Arrow Icon

2am and just getting into SFO from JFK because my fat ass decided it was a good idea to get shake shack at the airport and eventually missed my flight. 7:30am meeting in 5+ hours. Damn you Satan!

like
Reaction Icon Like
Arrow Icon

Any suggestions for classroom management? I push in and pull out - when I push in to the classroom the kids are well behaved.. it’s when I pull them out is when they start to get all silly!

Reaction Icon Like
Arrow Icon
That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

OR

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

Please enter a valid number