I need some advice about a career decision, and I’m really confused. Here’s my situation:
I’ve completed 1.5 years as a product designer at an edtech startup that’s been bootstrapped for 4 years.
My current package is below 10 LPA, and I recently asked for a raise. I got a 20% hike.
The founder proposed that if I take up product + revenue, I’ll get a 30% raise.
In the near future, if I handle product + revenue + operations (basically becoming the execution guy), he’s offering a 50% raise + X% equity.
Right now, I’m already overseeing the product side.
Here’s where I’m stuck:
If I update my portfolio and spend 1-2 months applying, I think I could get a package of 12+ LPA elsewhere, which was my financial goal for this year.
On the other hand, the founder’s proposal might take a year or two to match or exceed this, and it comes with uncertainty.
A few more thoughts:
I thought I was passionate about design, but I’m more interested in problem-solving and simplifying things.
I planned to spend my 20s learning by working directly with a founder, then eventually start something of my own. But my current financial condition and family responsibilities mean I need to focus on building wealth before I can think about starting up.
At 25, I’m stuck between optimising for learning or focusing on financial stability. I’ve not even started building wealth yet, and that worries me.
I’m also struggling to visualise my future growth and the potential of this role.
So, should I stay and take up this opportunity for the learning, or focus on switching to a better-paying job to achieve my financial goals?
Would love to hear your thoughts
thanks in advance