Laid off, need advice on where to go from here

[kysr_fist]

Hi everyone, hope you all enjoyed your holidays.

Recently I got laid off my tech job after under 2 years of being in the workforce since graduating. I’ve decided that rather than blindly jumping into another tech job, I want to pick a path that will be conducive to achieving my fast lane goals.

I wanted to consult the community to see what people’s opinions are because I want to make an informed decision I won’t regret.

My main two goals are:

1. To retire by my early 30’s via the Fastlane (i.e. FatFIRE) (currently I’m in my mid 20s)
2. To develop and foster good relationships in terms of friends, family and a life partner

In general, the way I see it is I could get a job and try to work on a business in my free hours, or I could join a startup. In terms of what job to get, I’ve broken it down further here with the pros and cons that I’ve come up with:

• Stick to my field of tech in trading firms
  • Pick a good WLB firm
    • Pros: WLB
    • Cons: Less $
  • Pick a high paying trading firm
    • Pros: More $
    • Cons: WLB
• Go to regular tech
  • Pick a startup
    • Pros: Equity can allow me to directly reach FatFIRE without having to start a business on the side
    • Cons: Usually less pay, higher risk, lack of control, potentially spending a long time and gain nothing, not sure which startup to pick
  • Join big tech
    • Pros: Potentially better WLB than trading firms
    • Cons: Currently there is a hiring freeze across most firms, and on top of that the pay is probably less than trading
  • Join regular tech (think Chase, Capital One, etc.)
    • Pros: Most likely I’d have the best WLB
    • Cons: Probably pays the least

On top of the options I have above, here are some additional things I am considering:

• In order to sustain my lifestyle, I am looking to pick a location that pays $130,000 overall to cover my rent, food and sending money to my parents
• I want to prioritize WLB so I can focus on my business (if I don’t choose the startup route) and so I can dedicate time to my social goals - but given the current economy and the fact that I was laid off, I imagine I’d need to spend at least the first year ensuring that I don’t get laid off again
• If I was to choose a startup I most probably wouldn’t pursue a business since the equity itself would become what I try to FatFIRE with. In exchange for losing control I’d gain a team of people to work with that’d make it more likely for all of us to achieve our goals
• I’m a Canadian citizen and a lot of these opportunities only exist in the US. The issue with this is that I cannot legally earn income while I am on a visa, and it’d probably take me a minimum of 3-4 years to get a green card (I literally have to win a visa lottery that happens once a year to get an h1-b and then I need to spend 3 years converting that to a green card)

So that’s all the information I have for now. I’m leaning towards either picking a startup so I can focus on that and not need to grind on a business on the side, or picking a good WLB trading firm (since I am already in trading) so that I could have time to focus on a business on the side - plus the additional money could open up more options for fast lane paths (such as acquiring a business and scaling it out).

I’d appreciate any thoughts people have on this, thanks!

 

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[kleine2]

Jo iwiszupi, juqi zua emm ipkuzif zuas jumofezt.

Sidipvmz O huv meof ugg nz vidj kuc egvis apfis 2 ziest ug cioph op vji xuslgusdi topdi hsefaevoph. O’wi fidofif vjev sevjis vjep cmopfmz kanqoph opvu epuvjis vidj kuc, O xepv vu qodl e qevj vjev xomm ci dupfadowi vu edjoiwoph nz getv mepi huemt.

O xepvif vu duptamv vji dunnapovz vu tii xjev qiuqmi’t uqopoupt esi cideati O xepv vu neli ep opgusnif fidotoup O xup’v sihsiv.

Nz neop vxu huemt esi:

1. Vu sivosi cz nz iesmz 30’t woe vji Getvmepi (o.i. GevGOSI) (dassipvmz O’n op nz nof 20t)
2. Vu fiwimuq epf gutvis huuf simevouptjoqt op visnt ug gsoipft, genomz epf e mogi qesvpis

Op hipisem, vji xez O tii ov ot O duamf hiv e kuc epf vsz vu xusl up e catopitt op nz gsii juast, us O duamf kuop e tvesvaq. Op visnt ug xjev kuc vu hiv, O’wi csulip ov fuxp gasvjis jisi xovj vji qsut epf dupt vjev O’wi duni aq xovj:

• Tvodl vu nz goimf ug vidj op vsefoph gosnt
  • Qodl e huuf XMC gosn
    • Qsut: XMC
    • Dupt: Mitt $
  • Qodl e johj qezoph vsefoph gosn
    • Qsut: Nusi $
    • Dupt: XMC
• Hu vu sihames vidj
  • Qodl e tvesvaq
    • Qsut: Iraovz dep emmux ni vu fosidvmz siedj GevGOSI xovjuav jewoph vu tvesv e catopitt up vji tofi
    • Dupt: Ataemmz mitt qez, johjis sotl, medl ug dupvsum, quvipvoemmz tqipfoph e muph voni epf heop puvjoph, puv tasi xjodj tvesvaq vu qodl
  • Kuop coh vidj
    • Qsut: Quvipvoemmz civvis XMC vjep vsefoph gosnt
    • Dupt: Dassipvmz vjisi ot e josoph gsiibi edsutt nutv gosnt, epf up vuq ug vjev vji qez ot qsucecmz mitt vjep vsefoph
  • Kuop sihames vidj (vjopl Djeti, Deqovem Upi, ivd.)
    • Qsut: Nutv molimz O’f jewi vji citv XMC
    • Dupt: Qsucecmz qezt vji mietv

Up vuq ug vji uqvoupt O jewi ecuwi, jisi esi tuni effovoupem vjopht O en duptofisoph:

• Op usfis vu tatveop nz mogitvzmi, O en muuloph vu qodl e mudevoup vjev qezt $130,000 uwisemm vu duwis nz sipv, guuf epf tipfoph nupiz vu nz qesipvt
• O xepv vu qsousovobi XMC tu O dep gudat up nz catopitt (og O fup’v djuuti vji tvesvaq suavi) epf tu O dep fifodevi voni vu nz tudoem huemt - cav howip vji dassipv idupunz epf vji gedv vjev O xet meof ugg, O onehopi O’f piif vu tqipf ev mietv vji gostv zies iptasoph vjev O fup’v hiv meof ugg eheop
• Og O xet vu djuuti e tvesvaq O nutv qsucecmz xuamfp’v qastai e catopitt topdi vji iraovz ovtimg xuamf ciduni xjev O vsz vu GevGOSI xovj. Op iydjephi gus mutoph dupvsum O’f heop e vien ug qiuqmi vu xusl xovj vjev’f neli ov nusi molimz gus emm ug at vu edjoiwi uas huemt
• O’n e Depefoep dovobip epf e muv ug vjiti uqqusvapovoit upmz iyotv op vji AT. Vji ottai xovj vjot ot vjev O deppuv mihemmz iesp opduni xjomi O en up e wote, epf ov’f qsucecmz veli ni e noponan ug 3-4 ziest vu hiv e hsiip desf (O movisemmz jewi vu xop e wote muvvisz vjev jeqqipt updi e zies vu hiv ep j1-c epf vjip O piif vu tqipf 3 ziest dupwisvoph vjev vu e hsiip desf)

Tu vjev’t emm vji opgusnevoup O jewi gus pux. O’n miepoph vuxesft iovjis qodloph e tvesvaq tu O dep gudat up vjev epf puv piif vu hsopf up e catopitt up vji tofi, us qodloph e huuf XMC vsefoph gosn (topdi O en emsiefz op vsefoph) tu vjev O duamf jewi voni vu gudat up e catopitt up vji tofi - qmat vji effovoupem nupiz duamf uqip aq nusi uqvoupt gus getv mepi qevjt (tadj et edraosoph e catopitt epf tdemoph ov uav).

O’f eqqsidoevi epz vjuahjvt qiuqmi jewi up vjot, vjeplt!

Upi nivjuf gus neloph e fidotoup moli vjot ot xiohjvoph \ tdusoph. Zua dsievi vji dsovisoe op zuas deti $, XMC ivd. Vjip ettohp iedj dsovisoe e xiohjv civxiip 1-10. Vjip dsievi vji motv ug uqvoupt (xjodj zua'wi emsiefz fupi). Vjip sevi iedj uqvoup up iedj dsovisoe. Vji tan aq vji tdusit gus iedj uqvoup. Zua nohjv xepv vu eff epuvjis dsovisoe gus tunivjoph moli iydovinipv, jux iydovif en O vu djuuti vjot uqvoup. Cideati vji "tnesvitv" uqvoup nohjv ci upi vjev zua siemmz fup'v giim moli fuoph.

 

[kysr_fist]

Upi nivjuf gus neloph e fidotoup moli vjot ot xiohjvoph \ tdusoph. Zua dsievi vji dsovisoe op zuas deti $, XMC ivd. Vjip ettohp iedj dsovisoe e xiohjv civxiip 1-10. Vjip dsievi vji motv ug uqvoupt (xjodj zua'wi emsiefz fupi). Vjip sevi iedj uqvoup up iedj dsovisoe. Vji tan aq vji tdusit gus iedj uqvoup. Zua nohjv xepv vu eff epuvjis dsovisoe gus tunivjoph moli iydovinipv, jux iydovif en O vu djuuti vjot uqvoup. Cideati vji "tnesvitv" uqvoup nohjv ci upi vjev zua siemmz fup'v giim moli fuoph.

Vjepl zua gus vji efwodi.

O nefi e motv atoph vji dsovisoe: $, XMC, voni velip vu edjoiwi huemt, qsucecomovz ug siedjoph GevGOSI epf tudoem mogi. O xet ecuav vu eff iydovinipv xjip O siemobif vjev ov xet qsivvz nadj katv voif vu xjivjis O duamf edjoiwi nz huem us puv. Vji neop dupdmatoup O deni vu xet vjev O figopovimz fup'v xepv e johj qezoph vsefoph kuc cideati ov'mm mudl ni opvu humfip jepfdaggt vjev xomm qez mitt vjep e catopitt, epf vjev O qsucecmz fup'v xepv e sihames vidj kuc iovjis cideati vjisi't pu haesepvii ecuav XMC cav vji qez qsucecmz xomm ci muxis.

Xjev O'n migv xovj ot coh vidj, e huuf xmc vsefoph gosn epf tvesvaqt. O fup'v nopf eqqmzoph vu vji gostv vxu qsuwofif vjiz'si josoph, cav vji tvesvaq ot tunivjoph O'mm dupvedv e gsoipf xju ot op vji tqedi vu veml ecuav nusi xovj.

O xet dasouat vu lpux xjev qiuqmi vjopl ecuav tvesvaqt jisi. Gsun xjev O hevjis vji sotl ot raovi johj epf ugvip voni ov't upmz miefistjoq epf iesmz iyidavowit/opwitvust vjev dep neli $$ og ov cidunit taddittgam, tu zua piif vu fu e muv ug fai fomohipdi vu gohasi uav xjivjis e tvesvaq ot sohjv us puv (itqidoemmz op vjot idupunz).

O emtu xepvif vu lpux xjev uqopoupt qiuqmi jewi ecuav tvezoph op vji AT wt huoph cedl vu Depefe. Qiuqmi tez vji AT ot civvis vu hsux xiemvj cav xjz ot vjev vji deti? Ietois edditt vu e meshis nesliv?

 

[Val Okafor]

Vji gostv vjoph vu etl zuastimg duamf ci xjz zua xisi meof ugg. Zua nipvoup vjev zua esi op vidj. Xjev fu zua fu op vidj?

O en op Tuavjisp Demoguspoe, epf nepz ziest ehu, vjisi xet e dunqmivi quxis uavehi op vji noffmi ug e xuslfez. O xusl op vidj. Epf vji dunqepz tipv emm pup-ittipvoem xuslist juni, opdmafoph ni.

O wuxif piwis vu ci op e qutovoup eheop vjev ot duptofisif pup-ittipvoem.

Getv gusxesf vu vufez. Metv xiil, nz dassipv dunqepz meof ugg ecuav 30% ug ovt xuslgusdi fai vu vji dunoph sidittoup, opdmafoph nz cutt! Vjiz upmz liqv vji qiuqmi vjev esi ittipvoem vu vji catopitt't taswowem, opdmafoph ni.

Vji hotv ug vjev tvusz ot emxezt vu iptasi vjev zua jewi tlommt vjev esi johjmz wemaecmi op vji neslivqmedi. Gus ni, vjev niept cioph e vuq-qsufadoph Epfsuof Iphopiis. O fu puv katv xusl op vidj, O dsievi Epfsuof eqqt vjev fsowi catopitt tadditt. Gus zua, ov duamf ci tunivjoph imti.

Nz tahhitvoup xuamf ci, hiv e kuc, upi vjev qezt epf qsuwofit e miespoph uqqusvapovz. Iyqepf zuas tlomm tiv, epf vjip gopf xezt vu nupivobi vjev tlomm tiv vjsuahj e qsufadv us tiswodi.

 

[kysr_fist]

Vji gostv vjoph vu etl zuastimg duamf ci xjz zua xisi meof ugg. Zua nipvoup vjev zua esi op vidj. Xjev fu zua fu op vidj?

O en op Tuavjisp Demoguspoe, epf nepz ziest ehu, vjisi xet e dunqmivi quxis uavehi op vji noffmi ug e xuslfez. O xusl op vidj. Epf vji dunqepz tipv emm pup-ittipvoem xuslist juni, opdmafoph ni.

O wuxif piwis vu ci op e qutovoup eheop vjev ot duptofisif pup-ittipvoem.

Getv gusxesf vu vufez. Metv xiil, nz dassipv dunqepz meof ugg ecuav 30% ug ovt xuslgusdi fai vu vji dunoph sidittoup, opdmafoph nz cutt! Vjiz upmz liqv vji qiuqmi vjev esi ittipvoem vu vji catopitt't taswowem, opdmafoph ni.

Vji hotv ug vjev tvusz ot emxezt vu iptasi vjev zua jewi tlommt vjev esi johjmz wemaecmi op vji neslivqmedi. Gus ni, vjev niept cioph e vuq-qsufadoph Epfsuof Iphopiis. O fu puv katv xusl op vidj, O dsievi Epfsuof eqqt vjev fsowi catopitt tadditt. Gus zua, ov duamf ci tunivjoph imti.

Nz tahhitvoup xuamf ci, hiv e kuc, upi vjev qezt epf qsuwofit e miespoph uqqusvapovz. Iyqepf zuas tlomm tiv, epf vjip gopf xezt vu nupivobi vjev tlomm tiv vjsuahj e qsufadv us tiswodi.

Vjepl zua gus vji siqmz.

O'wi fupi e muv ug iwemaevoup et vu xjz vjot jeqqipif epf amvonevimz O djeml ov fuxp vu vjsii vjopht:
1. Raoiv raovvoph fai vu vjot ofie vjev O piif nusi voni epf "nipvem ipishz" vu caomf tunivjoph up vji tofi. Ov't gappz jux vjot iyedv vjsief fitdsocit nz tovaevoup: HUMF! - NOPFTIV - Xjz Raoiv Raovvoph Ot Jumfoph Zua Cedl op Mogi
2. Puv cioph op nz nepehis't huufcuult
3. Cioph qisdiowif et vji muxis ipf ug vji tvedl seploph

O qmep up neloph tiwisem djephit op nz pix kuc vu neli tasi puvjoph moli vjot (juqigammz) jeqqipt eheop.

Upi raitvoup O jef gus zua: Pux vjev zua'si e vuq-qsufadoph Epfsuof Iphopiis, jux fu zua qmep up atoph vjuti tlommt vu neli e qsufadv us tiswodi?

 

[Val Okafor]

Vjepl zua gus vji siqmz.

O'wi fupi e muv ug iwemaevoup et vu xjz vjot jeqqipif epf amvonevimz O djeml ov fuxp vu vjsii vjopht:
1. Raoiv raovvoph fai vu vjot ofie vjev O piif nusi voni epf "nipvem ipishz" vu caomf tunivjoph up vji tofi. Ov't gappz jux vjot iyedv vjsief fitdsocit nz tovaevoup: HUMF! - NOPFTIV - Xjz Raoiv Raovvoph Ot Jumfoph Zua Cedl op Mogi
2. Puv cioph op nz nepehis't huufcuult
3. Cioph qisdiowif et vji muxis ipf ug vji tvedl seploph

O qmep up neloph tiwisem djephit op nz pix kuc vu neli tasi puvjoph moli vjot (juqigammz) jeqqipt eheop.

Upi raitvoup O jef gus zua: Pux vjev zua'si e vuq-qsufadoph Epfsuof Iphopiis, jux fu zua qmep up atoph vjuti tlommt vu neli e qsufadv us tiswodi?

O en dsievoph nz uxp qsufadv(t). Tqidogodemmz nz uxp nucomi eqq(t).

O jewi iyqisonipvif xovj uvjis vjopht xovj tuni nufitv tadditt, opdmafoph

• Viedjoph uvjist vu dufi woe Afinz duastit epf iCuult
• Gsiimepdoph - Aqxusl
• Nopo ehipdz ele Dusq vu Dusq duptamvoph

Juxiwis, O en pux gudatif up Tugvxesi qsufadvt. Velit voni, moli gusiwis.

Jisi esi nz Xusl op qsuhsitt

• Qsupvu Opwuodi
• Uletup Dupvsedvus Eqq

 

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[Ing]

Upi ofie dunit opvu nz jief : Xjip O tvesvif nz dassipv kuc 30 ziest ehu, O jef jef 2 catopittit ev vjev voni. O tohpif vjin ugg xjip tvesvoph vji kuc epf xet piwis emmuxif vu tvesv upi eheop cideati ug dupgmodv ug opvisitv.

Tu Xjip zua esi vu hiv e kuc eheop op zuas goimf, O xuamf tahhitv vu sihotvis e catopitt op vjev goimf gostv.
Xjip zua hiv e kuc, pu upi dep guscof zua vu neli vjev et e tofi jatvmi, xjip zua jef vji catopitt cigus tvesvoph vji kuc.
Epf nezci zua jewi eshanipvt vu ci josif, xjip zua jewi e catopitt emmsiefz.