AstulzerRZD Adventure Thread

[AstulzerRZD]

feels like i'm always torn between having enough stability & living enough of my life before 35

[supafamous]

Originally Posted by AstulzerRZD

At 28, I’m privileged and very fortunate to have an ok nest egg saved up in equities (~250k retirement, 250k liquid USD).

Good for you man! It's crazy to think about late 20/early 30s tech workers who make crazy money. A guy I mentor from time to time is a 31 year old Eng Manager in Cupertino and he tells me he cleared $500k USD last year and will probably clear $600k USD this year. I know some Vancouver folks who work for SF located tech who clear $400k CAD that aren't even in management and who just passed 30y.o. You guys can be retired by 40.

Originally Posted by AstulzerRZD

I feel like I should still focus on growth because I feel there's a significant gap between my current skills and where high level operators and founders are.

Is it silly to prioritize this rather than work/life balance?

I have a fear of being a career employee, as I worry that eventually, you become a liability.
Is it silly to think that I'd have more stability/optionality by building enough craft and experience to found my own product if I want to?

A successful application to YC in the next couple years is a big goal of mine.

I think it'd be worthwhile to do a bit of a working backwards exercise for your life and career instead of looking at what's next. Pick a goal or point in time that's in the future - typically 5-10 years out and then work backwards from that in terms of what skills and knowledge you need to acquire to make that goal happen. Figure out what you'd need to do to get that skill or knowledge (and also have someone validate that list) then figure out the order in which you want to acquire them (including making a list of companies or people who can get you those skills/knowledge) and start checking off that list one by one.

Since we're in the same line of work I'm happy to chat offline if you like - my simple background: I've hired 38 PMs in my career and 17 of them have gotten into management, 12 of those at the Director/VP/C-suite level. A few have started their own companies as well.

[Badhobz]

probably cuz we chinese. its built into our DNA and socially reinforced.

[noclue]

Dont get tunnelvision by his compensation, his cost of living is a lot higher than vancouver. Plus he pays federal/state/NYC income tax.

If you wanna join YC you gotta move to norcal for opportunities no?

[AstulzerRZD]

Originally Posted by noclue

If you wanna join YC you gotta move to norcal for opportunities no?

Yes, I'm open to spending a year+ in NorCal to see where that adventure takes me.

Dont get tunnelvision by his compensation, his cost of living is a lot higher than vancouver. Plus he pays federal/state/NYC income tax.

On comp, yep - expenses are high and most of my savings are from US equivalent of 401k matching and stock comp.
200-250k is middle class in NYC, 400k is when I think u start getting relaxed.

Y'all have lifestyle and ease of living so freaking good in Vancouver.
When I moved to Seattle, I was making 2X the Vancouver income but my quality of living was definitely worse.

[CivicBlues]

Oh boohoo, all I picture is:


If you only spent 150k on fixed expenses of your 250k salary you'd still be ahead of 90% of all Canadians.

[Hondaracer]

Originally Posted by AstulzerRZD

on spending, I think already do too much of it
rent is a fat 2.7k
went to brazil, peru, italy, and france this year
tried the whole equinox, rimowa, whatever BS
had my nightclub era before I collected enough besties so we got tables for free

on the car...
blew my mind - i pulled more in Europe with my shitty 63hp Fiat 500 hybrid rental in 3 days
than with s2k in 2 years

If your rent is 2.7k in New York where do the rest of the expenses come from? lol that’s a basement suite in east van.

[supafamous]

Originally Posted by CivicBlues

Oh boohoo, all I picture is:

Working in tech is like living in an alternate universe. You can become so entitled to things like you'll get upset because they got rid of the jalapeño cheddar bagels on bagel day and feel you have to ask the CEO about it at all hands (this really happened) or you get out the pitchforks when they swap out the free Coke products with Pepsi products (that was justified IMO, my body is a temple and I'm not putting Pepsi products in it).

I think at one point I noted that out of my 14 year career in tech that I had gotten free pop for 11 of those. What do you mean you have to PAY for pop? I worked at a place with 3 kinds of bourbon on top of all the other hard liquors (I was even told that if I had a whiskey I wanted that they'd get it in for me) - there were days I was drinking bourbon in the MORNING at work.

Things have toned done in the last few years b/c of all the layoffs (like we've cancelled DEI and LGBTQ+ entirely!) but I'm not sure which previous era was more nuts in my career - the 2003-2007 era before the financial crisis or the time just before COVID.

[noclue]

my uneducated not-in-industry vote is option 2.
It has the opportunities in-house for you to grow + it'll get you into the SF bay area and you can network or discover other opportunities.
Plus east coast north america sucks especially if you like cars and you cant beat norcal.

Are you able to pivot into PE? then maybe stick around NYC.

[lowside67]

Originally Posted by noclue

Dont get tunnelvision by his compensation, his cost of living is a lot higher than vancouver. Plus he pays federal/state/NYC income tax.

If you wanna join YC you gotta move to norcal for opportunities no?

$300k of income in NY = $196k after taxes, marginal tax rate of 44.2% for the next dollar earned.

$300k of income in BC = $178k after taxes, marginal tax rate of 53.5% for the next dollar earned.

And I do not for a moment believe the cost of living is meaningfully higher in NYC over Vancouver.

-Mark

[CivicBlues]

It's not, but there is 1-3 higher tiers of shit you can blow your money on in NYC that you can't in even find Vancouver.

That's entirely what it is...lifestyle creep.

[Badhobz]

like what? name them!!!!

[noclue]

Originally Posted by CivicBlues

It's not, but there is 1-3 higher tiers of shit you can blow your money on in NYC that you can't in even find Vancouver.

That's entirely what it is...lifestyle creep.

Judging from his savings and cheaper rent it looks like he's a saver and didnt indulge too much into the nyc lifestyle.

[CivicBlues]

Originally Posted by Badhobz

like what? name them!!!!

Heroin encrusted medium rare sliders?

Who knows?! I'm not in that tax bracket.

AstulzerRZD chime in here!!!

[Badhobz]

Psshhh you can get that here….

My cousins in NYC. He’s broke as shit for being an accountant and he pulls probably 300k usd if not more. He lives in this 100 year old trash loft, has an E bike to commute with and takes the subway for the rest of the time. He doesn’t even have a car cuz he’s a hipster.

[68style]

Interested to know what hipster douche NYC Hobz looks like

[CivicBlues]

Well no one drives in NYC because it's a pain in the ass. They just implemented congestion pricing making it even more a of a pain in the ass to own a car.

I'm sure if he just moved his ass over to some ex-urbs in Long Island or Jersey he'd be living an upper middle class lifestyle but he chooses to live in the city like that.

[Tapioca]

I've seen some stuff over the years and made mistakes.

You're obviously well-accomplished for your age and make good money. You have all of these material things and experiences, but you still come off as an NPC. Life isn't a video game where you make progress in a linear way.

Perhaps it's time to work on your people skills and your personal brand. At the end of the day, ask yourself "Who are you?" and "What do I want?". The people who have a combination of likeability and the ability to earn the respect of others go further in life and are less likely to be seen as just a number. Your likeability and ability to earn the respect of others come from within.