Late 30s manager with two young kids. Is it worth waiting 2 years to make director and do that for a ~2 years then going to industry or exiting ASAP? I.e. are exit opps as Director/SM that much better

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No they’re not — not until you spend 2/3 years at Director

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As a Director, you tend to price yourself out of a lot of interesting opportunities. And people are less likely to take a bet on you. Not fun. Hindsight - M1 or M2 is the best exit

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And if living in a high tax state like NJ and losing SALT deduction, will have a lot less of that hard earned money in your pocket which sucks

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Caveat is I work in HR space so exit opps might be a little less fruitful...but from D1 it kind of confirms my thought that Manager doesn’t translate as well to Director when exiting. I also think it makes it easier to come back in (down the road). But would love to hear from Ms or Ds who have tested the waters

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You tell us. Is it worth it to you?

This will be me in a few years, also curious. After going to a paycheck calculator, even after you make $300k its mind boggling how after taxes, it’s still not like your completely rich.

What are exit opportunities for Directors typically?

Interesting D1

Agree- if you are going to jump M is the time to do it (in hindsight)

Can m2 typically make jump to D ?

D at a bank- yes

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