Consulting Exit Opportunities

Thinking about turning down an opportunity at Google biz ops L5 because I don’t think I can move to Bay Area and maintain life style. Currently live in Houston with 2 children, house hold income cont.

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Dude poverty is probably not an accurate reflection of the value proposition in front of you

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Sorry to say but MBB going into industry living in Texas, you are 90% going to take a col-adjusted paycut no matter where you go...

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Seriously interested in learning from people who either made similar move or decision. I know it’s crazy, but why should move from top 5% in a city to poverty!?

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Come to my area of the US and make the average wage (20k a year, and median household is about 40k). Then you'll know what living in poverty as the working poor is really like.

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This comes down to what you value. To me it seems you value the highest quality of life you can get for the money you earn. If that’s true, then stay at MBB in Houston and become a Partner; understanding that comes with the likely terrible work-life balance and travel of being a consultant. With Google, you won’t be a a L5 forever in “poverty” (which I think is definitely not a fair word to use). Your income will increase over time as will your equity. In time you’ll be easily making over $400k TC as the sole earner. If your wife finds work in the Bay Area, I’m sure as a household that can increase to over $500k. That can easily get you a great life there. I’m not even mentioning the perks and non-financial benefits of working at Google, which in my opinion are better than MBB. Either way, I think you’ll be fine :)

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Thank you G2, really appreciate your answer, and I totally don’t mean to offend anyone by saying “poverty” I was being sarcastic and exaggerating. I do agree with you a career with G outweighs MBB and how far $ goes in Texas.

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This is me. I made the move for personal reasons. Went from 350k combined household income to 450k - from TX to Bay Area. My take: I hear people scoff about a family of 4 surviving with 100k, and yes it’s possible. But I’m not going there. I’ll use a different phrase ‘TX comfortable’, which you’ll never be in the bay. Home: 1. $1.3-1.5M will get you a 1-1.3k sqft single family or 1.5-2k condo/townhome. You’ll never have the f all space, a nice pool, and tree lines streets you’ll get in TX. 2. Everything is generally more expensive. E.g. Milk costs $1 more/gallon and eating out costs 2x. 3. Good public school systems really don’t exist. So private schools is the way to go - and the application process is stressful. So, you’ll never be ‘TX comfortable’ when it comes to housing, net cash flow, or schools in the short run. In the long run, it depends on if you have a shot at P/MD. If you do, then stay TX, else you could have a potential upside moving to the Bay. From a family standpoint, it depends on what y’all value. TX is certainly more comfortable, but the Bay has a lot to offer if you’re willing to go out and explore. Choose wisely.

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D1 mapping is probably as close as it gets. It’s not quite apples to apples though. For example, picture a P/MD that doesn’t need to travel and has no sales target (L7-8). On the other hand picture a manager who has no seniors/consultants on an engagement and needs to deliver the whole thing from idea to implementation (L5).

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If you’re on a partner track at MBB and can tolerate the lifestyle, staying back is more lucrative. Source: Considered a move to a CA-based start up from MBB in Texas and eventually bailed out.

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Partner track.

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You almost certainly won’t hit your income target at L5. You could do what others are advising and try to move back to Texas after a year or year and a half, but that move isn’t guaranteed.

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The max L5 I’ve heard of was 350k (when you include signing bonus+free housing and amortize over 2 years)

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OP weighing the same decision. Final round with Google for a position in the Bay Area. However, I live in Dallas, married with two kids under 3. Worried about uprooting my fam for this possible opportunity. But don’t want to pass it up if it’s there!

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$350K, I don’t think there is a realistic number to match same life style

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If you are partner track and will actually make partner and will actually want to stay partner then stay, if you want to move into industry then MBB+gugu is a killer duo and will open up opportunity and earning potential more than staying behind despite slight dip in short term, also your wife can find work in bay too.

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10 pre and 3 post MBA

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Industry

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OP, 1. Congratulations on receiving the offer 2. Yes you and your family will downgrade somewhat 3. If I was in your shoes this would be a very tough decision. If you really want the job and you and your family are willing to slightly downgrade then I would go for it. Best of luck on your decision, just know this is a good problem to have.

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What part of the lifestyle are you afraid of losing? Is it the space? Childcare? Assuming you won’t be taking any pay cut, that’s definitely not unlivable

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I presume your spouse gets a job here your income would jump to 400-450k. I think you can afford more a 1mil home on that near mtv Can’t deal with any form a commute, then you’re probably sol.

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