I started a new job last week and was talking to my good friend Tim O’Neil about the where’s and why’s. He’s happy in his current position but suggested I write a follow-up to my article on what to look for in a new company addressing when to start looking for that company. After thinking it over, I thought it would make for an interesting conversation – so please feel free to add your $0.02 in the comments!
One of the hardest professional decisions is when to look for new opportunities. Taking a new job is a risk after all! The thing is, job security is a myth – it simply does not exist any more. Layoffs are a normal part of business and startups die almost as fast as new ones are born. No one is going to stay at the same company their entire career. On the other hand, Silicon Valley is one of the only labor markets where demand significantly outstrips the available supply (thanks in large part to the abysmal failure of American schools to turn out the engineers needed to power our tech industries). That puts talented workers in a uniquely strong position. Millions of Americans who are struggling to stay afloat would be thrilled to have the opportunity we have.
The solution is to start treating your working hours like a stock portfolio – if you’re not getting the ROI you need it may be time to make a change. Here are a few KPI’s (Key Performance Indicators) for that portfolio: Continue reading