Long time listener, occasional poster, under a throw-away for this. I have a career decision I need to make tomorrow (Tuesday) and could help considering my option.
Background: I'm a Senior Manager at a mid-sized accounting firm that has a small consulting arm. This group started a few years ago and had a goal of growing to 5+ partners and 50+ staff in 3 years. A few years later and we're at 5 partners and 15 staff with no sign of rapid growth forthcoming.
The opportunity: A consulting only firm approached me about creating and running my own practice. I would not be labeled partner for at least 6 months. The company is European based with a 10 person US presence.
My key criteria are career growth opportunity, salary, and happiness (ability to feel like I'm achieving something).
The breakdown: (C=Current, N=New)
- Growth opportunity: C=none for 3+ years. N=6 month promotion to Assoc. Partner, one of 2 for the US and a potential 2 year ramp to head of US (30+ people if growth forecast holds).
- Salary: C=225k total. N=195k total. In 6 months, N could be 225k+
- Happiness: C=low to moderate. N=unknown.
- Geography / Travel: Same
The biggest challenge to me is trading the possibility for growth and self-direction for the responsibility of feeding myself and my eventual team. I've proven I can sell in the past, but haven't had to go and land a new client in a few years - I've been heads down on delivery and up-selling existing clients.
What else should I consider, or what thoughts can you share? Thank you for reading.