Should I leave my high-paying job to cofound a company?

Prepwise AnswersCategory: General CareerShould I leave my high-paying job to cofound a company?
Career Dev Staff Staff asked 5 years ago
1 Answers
Kate McKeon Staff answered 5 years ago

You recognize the 16.5% is appropriate. Good. It sounds like you are a technical team member (your salary at that age points to it), but you may not be in a position to drive the company. So many companies are tech-enabled rather than tech plays. MOST companies are this way. In that case, your tech skills are helpful but replaceable. The person who can sell the dream, the concept, the execution gets the spoils.
Why wait? Take the plunge. Unless you have a family of four to feed – all in private schools, you should have enough saved to last a very long “winter” period. If you haven’t saved anything despite that salary, you have foolishness that you need to beat out of yourself first.
Jump, hard core. But be smart about your contribution, which may be totally replaceable. Add more value, you won’t be diluted.