Slightly tongue in cheek but with an air of seriousness….
Ive been via referral offered Director role in another company to repeat my last two years building up a new software product line off business.
All other things not considered:
a) remain minion and ride the salary until retirement
or
b) last throw of the Management dice for a few more years until say, 57?
I think my natural naivety and Peter Pan approach to things means a) 😀
A) and then moan about it on here until you retire
🙃
b) if only for the entertainment value here, and b) because a change is as good as a rest.
If you're only a few years to retirement then will a couple of years of extra stress and hassle from being a Director make a material difference to the following 20/30/40 years of retirement?
Does b) come with sweet share options that mean more comfy retirement and lots more bikes?
I like c) 😂
but on a serious note Xora is right - you want me to build X? Then I need an equity of Y (to compensate STW levels of patience and frustration during the 5 years of angst ridden posts….) to fund me in the best possible way for the future.
d) Drac to banhammer you via his iPad until you retire.
Sack it off and go flip burgers at McDonald's instead.
B
Become a director then give me a job.
I know nothing about tech or sales. Does that help? 😉
Do you want to retire at 57?
If you stay where you are when do you think you'd be able to retire?
How many watches/month will your pension pot fund!? 🙂
Generally, the people who end up in Tech Sales are not the sort you'll want to spend much time with - IME of course... Shiny cars, shiny suits, slopey shoulders, flexible standards. Shudders.
Oh and to the original question: whatever gets you across the line quickest with the biggest package (ahem) and with the least aggravation is the correct answer...
do the NXD thing, work a couple days a month, they can take or leave your advice, and bill em to the gills
Oh and to the original question: whatever gets you across the line quickest [s]with the biggest package (ahem) and [/s]with the least aggravation is the correct answer…
This
Do I want to retire at 57? Yes, but I probably can’t afford to until at least 62- ish. But also when at 57 I don’t want to be working too hard and that’s what I mean by “last throw of the dice” do I use/stress the next 5 years with a goal to maximising my retirement potential before probably dropping out of the rat race*, or not?
Re tech sales, I’m a bit “different” (client focused) to the above description but not going to pretend I’m not on a very good wage, so yes there’s a risk vs reward consideration to be had. I also know people on salaries and/or with savings far more than mine becuase they’ve turned down Management opportunity in favour of remaining individual contributors (sales people) who are highly valued.
Which takes me to Boblo’s second para of course.
Don’t take on the extra responsibility unless absolutely think it won’t have any effect on you. It’s not can I afford to go at 57, it’s what can I do to make sure I can. Honestly, it’s really not worth it life is for living, you’ve worked a lot years and you need to enjoy the other years while you can.
Generally, the people who end up in Tech Sales are not the sort you’ll want to spend much time with – IME of course… Shiny cars, shiny suits, slopey shoulders, flexible standards. Shudders.
I work for a tech company, we have 'sales' who are a bit like that, but tech sales are the people who do build product demos and help the customer design their stuff etc.
Generally, the people who end up in Tech Sales are not the sort you’ll want to spend much time with – IME of course… Shiny cars, shiny suits, slopey shoulders, flexible standards.
That's a fine bit of generalisation right there, you could write a column for the Daily Mail!
Kryton - how big is the company? Director role can mean many things.
I went back into the tech startup world about 18 months ago. I'm director level but was brought in to build the technical sales team and help drive product roadmap. Essentially they needed a grown up in the business to help steer things whilst actually getting stuff done, while the executive team eat prawn sandwiches. It's as stressful as I allow it to be, but is very interesting and very engaging.
If they've approached you then I'd hear them out and see how it looks, if it might be a goer then negotiate hard for a good package and lots of options.
Are you sure you aren’t the unwitting star of an undercover reality tv show?
You were in a pretty deep dark hole not that long ago. Maybe this time it’ll work out and it’ll all be power lunches and bonus cheques but come away from everything and reflect on it in closely. What do the proper boss and kids think about it?
What, if anything, makes you think this new opportunity will work out?
You could go for it with a working assumption that, in about two years, it won't be what you thought/hoped.
It might work out well.
Do you really need to work until 57 - or 62 - or is that (just) what you think you need to do?
Tony’d - it’s very much the same as your role - senior manager not company stakeholder. There is already a product & industry evangelist within at a Senior level, but they need a focused Sales Director to manage the numbers, strategy to target, focus and 2 current team members, expanding outward, apparently it’s not his forte. I’m balancing enthusiasm and new undiscovered potential for reality, earnings and the fact I’m over the 2 year redundancy barrier if I stick here.
Are you sure you aren’t the unwitting star of an undercover reality tv show?
I wouldn’t be shocked in the slightest if I were 😂
That’s a fine bit of generalisation right there, you could write a column for the Daily Mail!
That'll be why the word 'generally' shows up for duty in my post ie it's a generalisation. I did qualify the sweeping statement with 'IME' which obv means my experience. Your mileage may vary but that's OK. That's allowed 🙃
I'd be thinking about life today & tomorrow, not how it might be in 5 years time.
What life do you want to lead once you retire?
Can you start to live that life now in your current job and would the new job prevent this?
Do you know them? Is it stable?
Can you build a pathway in via phased days to drop you hours down?
I’m not a risk taker - unless the new job would materially improve my retirement or bring it forward so I could retire earlier I’d be sticking tight. That’s assuming you’re comfortable already - I think retiring at 62 at this day and age is decent. Given I’m in my early 40’s I reckon I’m probably going to be 70 before I can retire with the ever creeping upwards of retirement ages
I saw you standing at the station,the rain mixing with all those tears.
Try and get there early next time,that train to contentment does not wait.
Much luv an peas 💖 😃
