This document provides career advice and discusses important factors to consider when making career decisions. It discusses evaluating the team, having a clear mission, ensuring the move is taking you in your desired direction within 2-4 years, considering compensation, and making educated decisions while understanding the tradeoff between risk and return. Key questions to ask include whether the move will take you to where you want to be and whether it is a stepping stone in your direction. The overall message is to thoughtfully evaluate these various elements to make the best career choice.
Prest Reed Portfolio revamp Full Sail Presentation 2
Career Choices
1. How to make Career
Decisions ?
Riseup 2021
A personal reflection
2. Agenda
● True Life Examples
● One Important Question
● Decisions and Risk
● Questions & Discussions
3. 2014
● Social Payments Platform. ● Financial services.
2017
● 1.5$ B evaluation.
● After 350$ M investment,
closed operations for lack of
focus.
● Founder : Max LevChin, ex
Paypal founder.
Most Important factor, is who are you going to work with ?
The Team :
● James Beshara, 1st time founder.
4. 2019
● Streaming service. ● Realestate platform, automating 75% of
paperwork for agents.
2021
● Unicorn, 1$ B evaluation.
● 2020, After 1.7$ B investment,
closed operations for lack of
subscribers.
A company without a clear unique mission, fails.
The Mission :
5. 2004
● Video rentals, & mail videos. ● Video rentals, & mail Videos.
2010
● %200 annual growth, $200 B market cap.
● Bankrupt
Iterative + Customer Centric + Autonomy
Operating Model :
6. 2017
● Offering 1.5X cash. ● Offering X in cash, and Y in equity
2020
● 2X in cash, 4Y in equity.
● 2X cash.
However personal, compensation is important, but think about it
in the right way.
Compensation :
7. One
Important
Question ...
Is this move taking me there ?
What I want to be doing in 2-4 years ?
Is this move a stepping stone ?
Is this move taking me away from my direction ?
Eventually, I cannot do what I don’t want for a long time ….
Is this move helping me explore directions ?
8. Decision &
Risk
High risk, high returns.
Trade off : Risk vs Return
Low risk, low returns.
Both options are ok, but know what you are subscribing for...