JDialz

Chief Operating Officer

Blood in the Streets

Lots of red in the charts today - much of the same for several weeks now in some sectors and for many companies.

For those of you with vested RSUs/ESPP/options, is this factoring in to your decision making with regard to always keeping one eye on the exit door and a continuously updated resume?

💰 Compensation

📉 Equity

23 comments

Sort by:

Sunbunny31

Politicker

Sr Sales Executive 🐰

For my peace of mind, I never look at my statements more than once/mo when things are sliding.

And my resume is always in need of brushing up, but that can be done quickly.

Finally, I just stay busy. Head down and working (well, except for time spent here in the WR). Bad news is a distraction.

CuriousFox

WR Officer

🦊

Exactly. Things eventually correct.

JDialz

Politicker

Chief Operating Officer

For many companies this is the correction. It’s healthy though.

E_Money

Big Shot

💰

The market will correct itself, it always does. Keep your head down and keep grinding. If you don't believe in your company enough to think that it will recover/stay profitable and keep your shares safe, then yeah look for the door. But don't just think about leaving because your shares are worth less today, it should be an investment not an immediate money-maker.

JDialz

Politicker

Chief Operating Officer

Markets always go up. Ride it!

E_Money

Big Shot

💰

🌊

TennisandSales

Politicker

Head Of Sales

if you decide to leave a company soley based on their stock going down....then I think that is really stupid.

Yes I have RSUs that are crashing but Im smart and do not count on those to sustain anypart of my lifestyle.

even if this gets worse, it wont last forever. This is not the end of the world. things will rebound.

if you leave a solid company just because of RSUs then you will kick your self when things go up.

SaaSam

Politicker

Account Executive

I have 0 worries. Our industry is nearly recession proof, we're relatively new players in the space but we've already made a great name for ourselves amongst 7 of the top 10 organizations that pretty much dictate what direction the industry takes. Ours is one of the very few vendors in our space that play the long game and it's paid dividends much sooner than expected.

My base may be a bit lower than what it should be for someone with my experience but I've more than made up for it in commissions and do so at a faster pace every month.

When a lot of folks with a better base are going to experience dry spells I'll be living in an oasis. Good trade off for me.

I can say that this is the happiest and most confident I have been in my career since I started this journey in 2016.

JDialz

Politicker

Chief Operating Officer

Hell yeah

Pachacuti

Politicker

They call me Daddy, Sales Daddy

A lot of smart people want to keep the economy rolling so I generally don’t worry too much. And my Cusotmers are semi recession resistant. But I am always ready to move on or at least talk to a recruiter.

JDialz

Politicker

Chief Operating Officer

Gotta look out for No.1 for sure!

Blackwargreymon

Politicker

MDR

Yes I have RSUs that are crashing but Im smart and do not count on those to sustain anypart of my lifestyle.

Justatitle

Big Shot

Account Executive

The market will correct. It will likely take time but it always comes back. Stressing about it does nothing good for you

1nbatopshotfan

Politicker

Sales

It’s a good time to not check retirement or brokerage accounts.

it’s also a good time to buy if you have cash and target equities. Stuff like this is why I dollar cost average. Never too high or too low.

JDialz

Politicker

Chief Operating Officer

Are you working with a professional, or a DIY-er?

1nbatopshotfan

Politicker

Sales

I’m a DIY, so please take this with a grain of salt. I’ve posted this a few times before and may make it a topic, but basically I’m a huge believer in John Bogle, the founder of Vanguard Funds. His book “The little book of common sense investing” is my Bible. Low cost index funds (I use fidelity) to gain broad coverage, and dollar cost average it. That’s it. I also subscribe to Buffets idea of not investing in stuff you don’t know or can’t explain, so sure I missed Bitcoin but also, I wouldn’t have loved that level of risk.

People who have seen me post also know that I’ve put small amounts of money in random things: Wefunder, SMBX (small business bonds), ummmm NBA Topshot (only 23 dollars ha!), Propser for peer to peer lending. But this is money that would have been spent at a casino during Covid. So it’s fun money not really pay the mortgage cash.

SunTzu

Opinionated

Legendary Historical Figure

Savages with cloud RSUs will probably start throwing irons in web3 over the next 6 years because of this

Clashingsoulsspell

Politicker

ISR

The market will correct itself, it always does. Keep your head down and keep grinding.

PhlipOut

Politicker

Account Executive

I'm holding. it just means now is a bad time to cash in my vested RSUs.
that's long term money

JDialz

Politicker

Chief Operating Officer

That is very true. It does suck to have a taxable event when RSUs vest and then the value plummets later. :,(

AnchorPoint

Politicker

Business Coach

It will all come back. Always does.

NotCreativeEnough

Big Shot

Professional Day Ruiner

they'll go back up eventually. What goes up must come down, and in the case of the stock market, what goes down must go up. It may be a slow recovery, or it can take off like a rocket ship. But either way, it will eventually recover.

Just don't stare at how red it is and you'll nearly forget about it.

MR.StretchISR

Politicker

ISR

Bravado is a community of trusted sales professionals endorsed by their customers.

Products

The War Room Jobs Salary Guide Tech Sales U

Company

About Us How It Works Blog Bug Bounty

Contact

Press Careers

If you are hired as a contract sales rep by a Bravado customer, we may ask you to prove access to the employee email account provided to you by that customer. This data will be shared with customers to track your sales productivity; customers can use this data to confirm you meet the minimum activity requirements to pay out your ramp stipend and commission.