When negotiating a job offer, ask for more stock options instead of a higher salary. This is often better received by employers as it signals you are a long-term believer in the company's success and want to be an "owner," not just an employee.
Stock options and equity are the primary drivers of wealth for employees, not salary. Unlike salary, which is taxed annually, equity value grows unimpaired by taxes until it's sold. This tax-deferred status allows for faster, unimpeded compounding over time.
To recover from a professional failure like a layoff, impose a strict and short mourning period (e.g., one week). Then, immediately pivot to proactive measures like networking and applying for new jobs. Taking tangible action is a powerful antidote to the paralysis and anxiety that often accompany career setbacks.
Despite receiving hundreds of online applications for a single role, the majority of candidates ultimately hired at competitive companies like Google already have a connection inside the organization. This highlights that building a professional network to secure internal advocates is more critical for job seekers than simply optimizing a resume.
To understand the real value of an incentive stock option (ISO) package, use an AI tool. By inputting the company's last funding round valuation, the total number of outstanding shares, and your specific grant details (number of options and strike price), you can get a clear notional value for your equity compensation.
For individuals with a multi-million dollar net worth, forgoing expensive health insurance can be a rational financial choice. The substantial savings on premiums (e.g., $300-400k over a decade) can create a fund large enough to cover most medical costs out-of-pocket, effectively creating a self-insurance pool.