late 20s, making ~75k (agreed on bonus was not delivered due to cash constraints) family-owned company, not sure of upward mobility, long time friend is right hand man of CFOjob getting phased out offered role at holdings company (they own multiple construction/real estate businesses) new role = track pipeline across companies build systems/processes report to leadership basically figure out how everything works pros: stable, benefits, learn real business ops cons: slower money, could get stuck as adminmeanwhile friends in insurance sales: 1099, warm leads, underwritten plans their income: 90k 200k 400k 160k 260k commission + residuals + insane bonusespros: huge money, no boss cons: no safety net, eat what you kill insurance job isn’t going anywhere can always jump later do I: A) chase money now B) build skills first which one actually wins long term? Am I regarded for staying at current job?
>>62109620>(agreed on bonus was not delivered due to cash constraints)huge red flag. start looking for other jobs with a new company. >be me making 135k +15% bonus>told i would be paid OT after 45 hours>OT rule is changed 3 weeks after i was hired to no pay over 45 (no OT)>work 50-60 hours a week for 40 hours of pay>5 months go by>i get a new higher paying job and leavemy only regret is not leaving earlier. i should have been applying for new jobs the minute they told me about the "pay change".
It's almost always better to just take the higher offer, "building skills" will only get you so far, whereas ONE hop for a better job might get you 10k more, then you hop again for another 10k, and that's a guaranteed return with almost no risk.Also long-term>Say you hop and therefore have 20% more to invest right now>Said 20% will compound for an extra 5-10 years before your other job would even start catching up to your current pay, probably>You earn money through TVM that might just outscale any training / experience you can getI actually wish I just worked more when I was like 5 years younger, would have opened up so many doors for me having a solid amount of money invested that I could have used on a house, rental properties, land, or just invested for 30 years in the future.
