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Pro
So true 😅
Anyone gone from PA to CBRE ? Do you like it ?
Conversation Starter
How much do strategy directors make these days?
Emory or Oxford MBA and why?
Additional Posts in Consulting
Cyber Monday or black Friday for bonobos?
Houston downtown JW vs Westin.. Thoughts?
Rising Star
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Following because I am in a similar boat and also a delicate flower. I’m planning to exit in December, even if I don’t have anything lined up. Everyone tells me to stay until I make senior but it’s not worth the misery, anxiety, and dread. I’ll DM you hahaha.
@BA1 - DM’d you!
I know it’s not fun to hear, but it really does depend.
If you’re looking to bounce back to F500, waiting to the promotion might help you get a foot into a rotation program door. If you want to join a client services firm, the title will show you likely weren’t pushed out.
In most other situations, you should be able to tell a story based on your capital raising, scaling, and problem solving experiences at the helm of your own company.
Before you go CF negative, you might want to consider getting your business plan, co-founder strategy, and angel investors lined up. It’s not a hot market for serial founders right now, let alone a first time one.
You can jump as soon as you’re ready, but consider the ~$8k in earnings you can make through the new year while you flesh early work out.
This is super good info, thanks for taking the time. Much appreciated!
These titles are all arbitrary. Once you’re out you’ll wonder what actually mattered in the first place . Consulting world view is not representative of life
Chief
Not laughing at you OP. I just chuckled at the delicate flower comment. Best of luck to you!
May be worth it to wait to the promo. You may also like it more as you gain competencies
I’d say if you’re going to quit to start a business you’re giving up the perfect opportunity to kick it off on the right foot by staying employed. If you start making money on the side you gradually care about the job you want to quit lessZ
May I ask what kind of business you’d be starting? It would help to know so that I can better assess the feasibility of you needing to come back to a corp job if you fail.
I’m on the verge of quitting pwc and working on my ecom business full time - it’s just scary to take the $xx,xxx hit and have no sure income. I feel it’s important to work your Corp job and run your business on the side for as long as possible, until you get to a point where you can no longer sustain the time spent on the business and keep the Corp job. At that time, you hopefully are making enough money to justify quitting your job.
I have a really good idea for an app. Unfortunately I’ll need a good bit of investment up-front to get it built and market it. I guess I feel that it would be tough to convince anyone to invest if I’m not even full time
Chief
Definitely keep your job while you kickstart things with the new business. It’s going to take a while before somebody notices and even longer before they do something about it.
Can’t EY/your employer sue you and claim ownership of any ideas/businesses you start/pursue while working for the firm based upon the contract we signed ?
Definitely a reality, although I’m not too certain of EYs exact working in the contract/the scope of the agreement. For instance, if you are thinking about developing a code you would be best served leaving the firm and waiting 2-3 months before beginning (there is general info about this topic in the public domain)