Breaking out into a Bengaluru startup was hard. I spent my early career working in a small Pune startup that didn’t prep me for what was about to come. Plus, I don’t think I understood how to negotiate a job offer 👇🏼 Some context in life. Back in 2018, I was moving from a services company to a product company. This meant two things were going to change - the nature of my work & what I am paid for it. I didn't have any benchmark of what salaries look like in product companies. So, when I cracked a role in one I quote a number that I thought was a huge jump for me from the services businesses. But, what if I tell you - I was the most underpaid in the whole mid-senior leadership? And this is inspite of driving most amount of growth impact? I learnt an expensive lesson about how to not negotiate a job offer/ appraisal. My $0.02 - please don't listen to people who tell you "asking for too much is rude". It isn't. Assuming you are creating enough value for the org & doing the right thing to increase shareholder value - you deserve the role expansion, cash components & more importantly in company stock options, period. If you work at a startup & don't own part of the business - please rethink, the risk isn't worth your energy & time. If you work at a large company and aren't compensated for the real value you create for the business - have "that conversation". To ensure more future leaders don't do this mistake, we built Outcomes at GrowthX®. This gives our members access to everything that they need to crack a growth role & negotiate the job offer. Includes 6 things I wish I had early on. - 70+ modules to crack product, marketing & growth roles - Actionable resources to crack any technical interview - Structure to build your personal brand - Access to peer led practice sessions - Curated growth specific job boards - 1:1 help to negotiate a job offer Go nail that growth role & the negotiation. Link : https://lnkd.in/gs8B8k9P
Interesting perspective of switch from service to product based startups. Abhishek Patil How do you navigate employees for the fixed versus esops route considering there is a 95% failure rate of solvency of startups?
Very true. I got my first job at a radio station in 2016. I was so naive, and it was my first job, so I didn't say anything about the package either. Now that I see people receiving 10 lakh+ packages for their first job, I really think I should have up-skilled myself more and shifted to Pune or Mumbai to understand the corporate world better at that time. It's not too late, so I'm upskilling myself from the last 3 years. It has paid back quite a lot. Now in GX20, the best is yet to come!!
Thanks for sharing your experience and insights! Negotiating job offers can be tricky, but it's crucial to advocate for fair compensation, especially in startups where equity can play a significant role. Your advice about knowing your worth and not being afraid to negotiate is invaluable. Learning from experiences like yours helps others navigate similar situations more effectively.
From one T3 boy to another, thank you for leading the way, you make it easier for us.
You don't get what you deserve, you get what you negotiate. Don't underestimate your value and your skill set.
Abhishek Patil - Fantastic post, AP! Cannot relate more when you said “don’t listen to people who tell you asking for too much is rude”! 🙈
Thanks for all the mentorship and guidance Abhishek Patil! I will never forget the art of negotiation!
Asking too much is never rude if someone is worth enough to put that much efforts and time to deliver the results to the company. Your journey just portrays it here. Glad you shared Abhishek Patil 👏
Thanks for sharing your story and tips on job offer negotiation. Has anyone else faced similar challenges?
Founder's Office @OWLED Media
7moHow is this different from a regular Growthx cohort?