Take job now that pays ~$400K TC (next promo ~ $600K TC and final promo ~ $2M) and would take maybe 2 years for next promo then maybe 3-5 for next to reach top (5-7 total to top). $TC is based on firm and personal utilization.

Or

Start your own full spectrum firm making about $500-$600K immediately with next 8 months guaranteed for a single FTE. Thereafter, ready to scale study and team size to add some distance between myself and daily delivery.

likefunny
Posting as :
works at
You are currently posting as works at

What type of consulting do you do where you are pulling in those numbers?

likesmart

Doable, but your other posts suggests RAPID growth. Heavy distributions and rapid growth don’t typically go hand in hand. You’ll bleed the company dry of free cash flow to reinvest by paying yourself a kings ransom. And, you’ll scare off investors if you need them.

Latter. The leverage you'll gain by running your own coampy will outpace any income made from joining a company

How do you know that you'll guaranteed make 500k in the first year?

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SOWs

Seems like big numbers and guarantees even when self employed. f me dude how

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I haven't even done much marketing or reach out. I literally just turned a few interviews for W2 roles in industry into pitches and a couple resonated and signed SOWs with me. One was a PE firm, so I'll have a good channel of portco work with them and I'll be working with other PE firms for the same.

godspeed

like

Take the A&M offer. We’ll be damn glad to have you, and value entrepreneurial spirit. Lots of our MD’s have left as SD to start there own shop, then came back after a few years and put in a few extra years as SD before getting the promo to MD. I think almost universally they’re happy with the path they took.

The A&M offer gives you stability and limits your risk. If you’re good enough to start your own shop, you’re good enough to come here and be awarded with nearly equivalent freedom to grow the practice.

My advice would be that I think you’re definition of realistic is not particularly realistic :)

Take a couple recent success stories - Slalom and West Monroe on rapid growth. I don’t think either were even close to $100M after 5 years. In fact I’d be surprised if they were over $50M. Even still, at $100M, with 20% margin, that’s $20M to go around. $2M as Owner/CEO leaves $18M for reinvestment, maybe half of that could actually get spent, half goes to cash reserves. No firm is growing at that speed only spending $9M on growth every year.

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What is the entry level pay to do what you do? I’d be willing to change jobs and start at the bottom to make that kind of $$$

Do you have the kind of pipeline to support a full time gig? You say guaranteed money but very little in life is guaranteed.

That's not what I wrote. I wrote that the next 8 months is guaranteed, as in contracted. But obviously that can be breached by either party. Nothing guaranteed beyond that.

Show me one paystub, I quit today and work for you.

I haven't cut a paycheck, yet.

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