i recently turned down a 27% increment jumpship as i don't want to jump from an established MNC company to a medium size company.
Let's Talk Salary v8, Sharing Thread
Let's Talk Salary v8, Sharing Thread
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Mar 24 2022, 10:24 PM
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Senior Member
940 posts Joined: May 2008 |
i recently turned down a 27% increment jumpship as i don't want to jump from an established MNC company to a medium size company. Mavik liked this post
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Mar 25 2022, 12:22 PM
Show posts by this member only | IPv6 | Post
#3962
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Junior Member
39 posts Joined: Jul 2020 |
QUOTE(junyin @ Mar 24 2022, 09:33 PM) How much do you usually ask for after working in accounts for almost 2 years in the same company? Earning 3.1k now. I read you guys take 13th month into account to, meaning 3.1kx13=3.3k?? check out this websiteI do know accounts increment are not that much compared to other jobs. If jump ship can ask for 3.6? If sg can same? đđ www (dot) averagesalarysurvey (dot) com/malaysia see if your years of experience and salary are at least equal or above average. if not time for a salary negotiation or a move elsewhere |
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Mar 25 2022, 04:41 PM
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Newbie
22 posts Joined: Apr 2016 |
Job Title : Business Analyst (IT)
Age : 26 Years spent in company : 1 Industry : Tenure : Permanent Employment Level : Regional Junior Experience before joining (years) : 2 Highest paper qualification/ education background : Diploma Location : - Average Working Hours Per Week (incl lunch hours): 45 Monetary Payout Basic Salary : RM 7k Contractual Bonus (months): 1 month Performance, Variable Bonus & Commissions (months) : N.A Benefits (where relevant) : fully remote, wfh Health Benefits : Medical Card (In & Outpatient), optical, dental, gym Transport Benefits : None Mobile / Internet / Gadget Benefits : None |
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Mar 25 2022, 06:03 PM
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Probation
12 posts Joined: Jul 2020 |
Job Title : Product Manager
Age : 33 Years spent in company : 1 Industry : Insurance Tenure : Permanent Employment Level : Middle-top Management Experience before joining (years) : 9 Highest paper qualification/ education background : Master Location : - Remote Average Working Hours Per Week (incl lunch hours): 42 Monetary Payout Basic Salary : RM 26K Contractual Bonus (months): 0.5-1 Months Performance, Variable Bonus & Commissions (months) : N.A Benefits (where relevant) : fully remote, wfh Health Benefits : Medical Card (In & Outpatient), optical, dental, gym Transport Benefits : None Mobile / Internet / Gadget Benefits : Mobile Device |
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Mar 25 2022, 11:51 PM
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Newbie
6 posts Joined: Feb 2017 |
Job Title : Process Engineer
Age : 27 Years spent in company : 1 Industry : IT Tenure : Permanent Employment Level : Intermediate Experience before joining (years) : 3 Highest paper qualification/ education background : Degree (mechanical engineering), valedictorian Location : Prefer not to say Average Working Hours Per Week (incl lunch hours): 55 -- OT alot without pay Monetary Payout Basic Salary : RM 5.5K Contractual Bonus (months): 1 Months Performance, Variable Bonus & Commissions (months) : 0.5 Benefits (where relevant) : semi remote, wfh mostly Health Benefits : Medical Card (In & Outpatient), optical, dental, gym Transport Benefits : None Mobile / Internet / Gadget Benefits : None Honestly feel really underpaid.. and performance bonus not even one month salary even though I was one of top performers in the team lol. Should I jump? Feel like my street smarts are severely lacking. This post has been edited by theasianguy777: Mar 25 2022, 11:53 PM |
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Mar 26 2022, 11:27 PM
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Junior Member
99 posts Joined: Mar 2022 |
QUOTE(mike_tw2020 @ Mar 25 2022, 06:03 PM) Job Title : Product Manager What was ur previous job before becoming product manager? Software programmer?Age : 33 Years spent in company : 1 Industry : Insurance Tenure : Permanent Employment Level : Middle-top Management Experience before joining (years) : 9 Highest paper qualification/ education background : Master Location : - Remote Average Working Hours Per Week (incl lunch hours): 42 Monetary Payout Basic Salary : RM 26K Contractual Bonus (months): 0.5-1 Months Performance, Variable Bonus & Commissions (months) : N.A Benefits (where relevant) : fully remote, wfh Health Benefits : Medical Card (In & Outpatient), optical, dental, gym Transport Benefits : None Mobile / Internet / Gadget Benefits : Mobile Device |
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Mar 27 2022, 09:58 AM
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Probation
12 posts Joined: Jul 2020 |
QUOTE(renmejustin @ Mar 26 2022, 11:27 PM) I started of as a SW programmer when I was 24 and moved into a team lead role at 28. Entered product management at 30 , but i am an expat, so my experience might be different from local malaysians. |
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Mar 28 2022, 02:03 PM
Show posts by this member only | IPv6 | Post
#3968
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Senior Member
5,366 posts Joined: Aug 2005 |
QUOTE(mike_tw2020 @ Mar 25 2022, 06:03 PM) Job Title : Product Manager what product managers doAge : 33 Years spent in company : 1 Industry : Insurance Tenure : Permanent Employment Level : Middle-top Management Experience before joining (years) : 9 Highest paper qualification/ education background : Master Location : - Remote Average Working Hours Per Week (incl lunch hours): 42 Monetary Payout Basic Salary : RM 26K Contractual Bonus (months): 0.5-1 Months Performance, Variable Bonus & Commissions (months) : N.A Benefits (where relevant) : fully remote, wfh Health Benefits : Medical Card (In & Outpatient), optical, dental, gym Transport Benefits : None Mobile / Internet / Gadget Benefits : Mobile Device do they supervise a team of actuarials? is this role related to sales? |
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Mar 28 2022, 03:10 PM
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Junior Member
19 posts Joined: Aug 2021 |
QUOTE(GSCboy @ Mar 1 2022, 04:42 PM) Seems like a hot topic nowadays, let me share mine too, I guess mine will be different than 99% here. Extreme risk taking career path.Job Title : Own Company Age : 30 years old Status: Semi-retired Industry : IT/Tech Highest paper qualification/ education background : Mechatronic Engineering Degree Location : MY Average Working Hours Per Week (incl lunch hours): < 5 22 YO -Engineering Grad 23 YO - Juinor Programmer - One of the largest theatre chains in Msia = RM 3000 24 YO - Quit, joined some mobile apps Bootcamp for 6months, wanted to improve myself 25 YO - Mobile Developer , Startup = RM 3.6k + RM 300 allowance 26 YO - Promotion (Lead Mobile Developer), same company RM4500 + RM 300 allowance 4 Months later - Promotion (Project Manager) same company RM 7000 + RM 300 allowance + stock options 27 YO - Quit due to burnout. Took a break for 3 months. 27 YO - Went to equities trading, local trading firm. Base RM 2000 + (15% commission) 28 YO - Quit trading job due to toxic environment. 28 -30 YO - Went freelance; started own IT consultancy company. Providing solutions, especially blockchain/smart contracts. overseas client in USD. Due to the crypto market rising exponentially for these two years, was very lucky. Already made enough to retire, and a fixed passive income of 200 usd daily |
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Mar 28 2022, 10:08 PM
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Junior Member
99 posts Joined: Mar 2022 |
QUOTE(gundamsp01 @ Mar 1 2022, 10:44 AM) Finally got a new job offer, hopefully a good working culture and environment As IT Project Manager, need to be technical and hands on (such as programming)? Job Title : IT Project Manager Job Description : Manage internal projects Age : 35 Years spent in company : 0 Company : Bank Industry : Financial Tenure : Permanent Employment Level : - Experience before joining (years) : 11 years Highest paper qualification/ education background : Degree Location : KL Average Working Hours Per Week (incl lunch hours): 40 Monetary Payout Basic Salary + Fixed Allowance : RM17,000 Contractual Bonus (months): NA Performance, Variable Bonus & Commissions (months) : unkown Benefits (where relevant) : Typical bank benefits |
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Mar 28 2022, 10:18 PM
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Junior Member
900 posts Joined: Oct 2009 |
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Mar 29 2022, 12:26 AM
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Senior Member
1,198 posts Joined: Apr 2015 |
QUOTE(0x1773 @ Mar 28 2022, 03:10 PM) Risky ? yes but not extreme as I have already built my network and skillset throughout the years so I am confident I could start over again if I fail. To really move out from the middle income trap, certain risks have to be taken. otaida00taj, Mavik, and 1 other liked this post
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Mar 29 2022, 12:28 AM
Show posts by this member only | IPv6 | Post
#3973
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Probation
11 posts Joined: Mar 2022 |
QUOTE(junyin @ Mar 24 2022, 09:33 PM) How much do you usually ask for after working in accounts for almost 2 years in the same company? Earning 3.1k now. I read you guys take 13th month into account to, meaning 3.1kx13=3.3k?? From what i know from my friend, u jump to sg, u can get the same amount but in SGDI do know accounts increment are not that much compared to other jobs. If jump ship can ask for 3.6? If sg can same? đđ junyin liked this post
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Mar 29 2022, 11:48 AM
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Junior Member
20 posts Joined: Mar 2022 |
Hi all... Wanna seek feedback whether I'm underpaid or undervalued by the managers & higher up.
Been thinking long if should jump or not. Current department have high growth potential, just seems like they don't really value fresh talent with without many years of experience stacked up. Prefer to keep increase the department size by hiring mid level hire. Job Title : Perfrmance Mngmt/Reporting & Analytics Job Description : digital asset/products/channels daily, weekly, mthly MIS/reporting; web trffic analytics, inter-department project management, project/initiatives ROI projections & monitoring, acquisition prformnce Age : 28 Years spent in company : 2 years (1 year SLIM/GEES/Protégé program, then 8 mth contract due to hiring freeze during Covid lockdown, then convert to permanent for 6 mth now) Company : Bank Industry : Financial Tenure : Permanent Employment Level : Entry-level/Junior Experience before joining (years) : 0 Highest paper qualification/ education background : Bachelor Degree (one of STEM, highly technical) Location : Klang Valley Average Working Hours Per Week (incl lunch hours): 45 (but almost every day overtime till night) Monetary Payout Basic Salary + Fixed Allowance : RM2.9k Contractual Bonus (months): NA Performance, Variable Bonus & Commissions (months) : standard 3 months Benefits (where relevant) : Typical bank benefits *Wrong spelling & short form are intentional to minimise search engine tracking Since I'm from a technical & math background, i did outperform other colleagues in term of analytical skills (got several feedback from other colleagues & stakeholder), guiding others (more senior than me) on how to use some of the Business Intelligence tools, what kind of insights should be given etc. Heck, i even did several reporting process/task automation to expedite others BAU working time. Disappointed to hear they didn't count the experience & contribution during i'm in the contract position. Had i known earlier, I would've jump elsewhere to make my working time counted. Is this standard evaluation practiced at others comp, to not count contract position experience? |
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Mar 29 2022, 02:59 PM
Show posts by this member only | IPv6 | Post
#3975
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Junior Member
109 posts Joined: Aug 2017 |
QUOTE(DAPMPBAMCAuto @ Mar 29 2022, 11:48 AM) Hi all... Wanna seek feedback whether I'm underpaid or undervalued by the managers & higher up. Might sound cruel, but you are 28 earning less than 3k. Of course you are underpaid.Been thinking long if should jump or not. Current department have high growth potential, just seems like they don't really value fresh talent with without many years of experience stacked up. Prefer to keep increase the department size by hiring mid level hire. Job Title : Perfrmance Mngmt/Reporting & Analytics Job Description : digital asset/products/channels daily, weekly, mthly MIS/reporting; web trffic analytics, inter-department project management, project/initiatives ROI projections & monitoring, acquisition prformnce Age : 28 Years spent in company : 2 years (1 year SLIM/GEES/Protégé program, then 8 mth contract due to hiring freeze during Covid lockdown, then convert to permanent for 6 mth now) Company : Bank Industry : Financial Tenure : Permanent Employment Level : Entry-level/Junior Experience before joining (years) : 0 Highest paper qualification/ education background : Bachelor Degree (one of STEM, highly technical) Location : Klang Valley Average Working Hours Per Week (incl lunch hours): 45 (but almost every day overtime till night) Monetary Payout Basic Salary + Fixed Allowance : RM2.9k Contractual Bonus (months): NA Performance, Variable Bonus & Commissions (months) : standard 3 months Benefits (where relevant) : Typical bank benefits *Wrong spelling & short form are intentional to minimise search engine tracking Since I'm from a technical & math background, i did outperform other colleagues in term of analytical skills (got several feedback from other colleagues & stakeholder), guiding others (more senior than me) on how to use some of the Business Intelligence tools, what kind of insights should be given etc. Heck, i even did several reporting process/task automation to expedite others BAU working time. Disappointed to hear they didn't count the experience & contribution during i'm in the contract position. Had i known earlier, I would've jump elsewhere to make my working time counted. Is this standard evaluation practiced at others comp, to not count contract position experience? My tips is, spend some time to beautify and improve your CV and network, and start to just apply for jobs. Doesn't matter if it fails, doesn't matter if no response. You will get one and you will find out what's the market price for you. |
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Mar 29 2022, 03:35 PM
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Elite
7,826 posts Joined: Jan 2003 |
QUOTE(DAPMPBAMCAuto @ Mar 29 2022, 11:48 AM) Hi all... Wanna seek feedback whether I'm underpaid or undervalued by the managers & higher up. You need to polish up your resume, I would also try not to mention SLIM/Protege because I know a lot of companies tend to have a certain bias to candidates in that program. Also instead of focusing on what you did, mention what you accomplished during that period, what was the outcome and what value you brought. All the best in your job searchBeen thinking long if should jump or not. Current department have high growth potential, just seems like they don't really value fresh talent with without many years of experience stacked up. Prefer to keep increase the department size by hiring mid level hire. Job Title : Perfrmance Mngmt/Reporting & Analytics Job Description : digital asset/products/channels daily, weekly, mthly MIS/reporting; web trffic analytics, inter-department project management, project/initiatives ROI projections & monitoring, acquisition prformnce Age : 28 Years spent in company : 2 years (1 year SLIM/GEES/Protégé program, then 8 mth contract due to hiring freeze during Covid lockdown, then convert to permanent for 6 mth now) Company : Bank Industry : Financial Tenure : Permanent Employment Level : Entry-level/Junior Experience before joining (years) : 0 Highest paper qualification/ education background : Bachelor Degree (one of STEM, highly technical) Location : Klang Valley Average Working Hours Per Week (incl lunch hours): 45 (but almost every day overtime till night) Monetary Payout Basic Salary + Fixed Allowance : RM2.9k Contractual Bonus (months): NA Performance, Variable Bonus & Commissions (months) : standard 3 months Benefits (where relevant) : Typical bank benefits *Wrong spelling & short form are intentional to minimise search engine tracking Since I'm from a technical & math background, i did outperform other colleagues in term of analytical skills (got several feedback from other colleagues & stakeholder), guiding others (more senior than me) on how to use some of the Business Intelligence tools, what kind of insights should be given etc. Heck, i even did several reporting process/task automation to expedite others BAU working time. Disappointed to hear they didn't count the experience & contribution during i'm in the contract position. Had i known earlier, I would've jump elsewhere to make my working time counted. Is this standard evaluation practiced at others comp, to not count contract position experience? |
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Mar 30 2022, 06:35 AM
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Junior Member
20 posts Joined: Mar 2022 |
QUOTE(Kelangketerusa @ Mar 29 2022, 02:59 PM) Might sound cruel, but you are 28 earning less than 3k. Of course you are underpaid. My bad, forgot to mention once the yearly increment kicks in, my basic would be RM3.2 starting next month.My tips is, spend some time to beautify and improve your CV and network, and start to just apply for jobs. Doesn't matter if it fails, doesn't matter if no response. You will get one and you will find out what's the market price for you. QUOTE(Mavik @ Mar 29 2022, 03:35 PM) You need to polish up your resume, I would also try not to mention SLIM/Protege because I know a lot of companies tend to have a certain bias to candidates in that program. Also instead of focusing on what you did, mention what you accomplished during that period, what was the outcome and what value you brought. All the best in your job search Thanks both for the advise & best wishes.Ya, i kinda sense the bias towards SLIM/Protege candidates. Understand some graduate from this program maybe lacking/poor quality. But, they shouldn't generalise & put stereotypes, instead really evaluate each person's value & capability. Noted..will improve my CV, and yes I do have few achievement up my sleeve. Hopefully the hiring manager/HR will see it as promising & competent. |
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Mar 30 2022, 08:50 AM
Show posts by this member only | IPv6 | Post
#3978
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Senior Member
7,349 posts Joined: Aug 2015 |
QUOTE(DAPMPBAMCAuto @ Mar 29 2022, 11:48 AM) Hi all... Wanna seek feedback whether I'm underpaid or undervalued by the managers & higher up. I think you are underpaid. Maybe get some professional certification to upscale yourself while looking out for better opportunity.Been thinking long if should jump or not. Current department have high growth potential, just seems like they don't really value fresh talent with without many years of experience stacked up. Prefer to keep increase the department size by hiring mid level hire. Job Title : Perfrmance Mngmt/Reporting & Analytics Job Description : digital asset/products/channels daily, weekly, mthly MIS/reporting; web trffic analytics, inter-department project management, project/initiatives ROI projections & monitoring, acquisition prformnce Age : 28 Years spent in company : 2 years (1 year SLIM/GEES/Protégé program, then 8 mth contract due to hiring freeze during Covid lockdown, then convert to permanent for 6 mth now) Company : Bank Industry : Financial Tenure : Permanent Employment Level : Entry-level/Junior Experience before joining (years) : 0 Highest paper qualification/ education background : Bachelor Degree (one of STEM, highly technical) Location : Klang Valley Average Working Hours Per Week (incl lunch hours): 45 (but almost every day overtime till night) Monetary Payout Basic Salary + Fixed Allowance : RM2.9k Contractual Bonus (months): NA Performance, Variable Bonus & Commissions (months) : standard 3 months Benefits (where relevant) : Typical bank benefits *Wrong spelling & short form are intentional to minimise search engine tracking Since I'm from a technical & math background, i did outperform other colleagues in term of analytical skills (got several feedback from other colleagues & stakeholder), guiding others (more senior than me) on how to use some of the Business Intelligence tools, what kind of insights should be given etc. Heck, i even did several reporting process/task automation to expedite others BAU working time. Disappointed to hear they didn't count the experience & contribution during i'm in the contract position. Had i known earlier, I would've jump elsewhere to make my working time counted. Is this standard evaluation practiced at others comp, to not count contract position experience? |
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Mar 30 2022, 01:17 PM
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Junior Member
50 posts Joined: Mar 2022 |
QUOTE(DAPMPBAMCAuto @ Mar 29 2022, 11:48 AM) Hi all... Wanna seek feedback whether I'm underpaid or undervalued by the managers & higher up. Your bonus is above average @ 3 months. I do agree that you should be earning higher but you also need to take note that you have only 2 years experience thus far - so it's tougher for companies to give u a huge bump in increment.Been thinking long if should jump or not. Current department have high growth potential, just seems like they don't really value fresh talent with without many years of experience stacked up. Prefer to keep increase the department size by hiring mid level hire. Job Title : Perfrmance Mngmt/Reporting & Analytics Job Description : digital asset/products/channels daily, weekly, mthly MIS/reporting; web trffic analytics, inter-department project management, project/initiatives ROI projections & monitoring, acquisition prformnce Age : 28 Years spent in company : 2 years (1 year SLIM/GEES/Protégé program, then 8 mth contract due to hiring freeze during Covid lockdown, then convert to permanent for 6 mth now) Company : Bank Industry : Financial Tenure : Permanent Employment Level : Entry-level/Junior Experience before joining (years) : 0 Highest paper qualification/ education background : Bachelor Degree (one of STEM, highly technical) Location : Klang Valley Average Working Hours Per Week (incl lunch hours): 45 (but almost every day overtime till night) Monetary Payout Basic Salary + Fixed Allowance : RM2.9k Contractual Bonus (months): NA Performance, Variable Bonus & Commissions (months) : standard 3 months Benefits (where relevant) : Typical bank benefits *Wrong spelling & short form are intentional to minimise search engine tracking Since I'm from a technical & math background, i did outperform other colleagues in term of analytical skills (got several feedback from other colleagues & stakeholder), guiding others (more senior than me) on how to use some of the Business Intelligence tools, what kind of insights should be given etc. Heck, i even did several reporting process/task automation to expedite others BAU working time. Disappointed to hear they didn't count the experience & contribution during i'm in the contract position. Had i known earlier, I would've jump elsewhere to make my working time counted. Is this standard evaluation practiced at others comp, to not count contract position experience? When I was 28, I had about 5 years experience, so was earning 70% more compared to what you are currently drawing at 3.2k. |
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Mar 30 2022, 05:03 PM
Show posts by this member only | IPv6 | Post
#3980
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Junior Member
99 posts Joined: Mar 2022 |
QUOTE(gundamsp01 @ Mar 28 2022, 10:18 PM) no need to hands on, but need to have some understanding on the architecture and algo of how things run/connected. Before this u were software developer?QUOTE(GSCboy @ Mar 29 2022, 12:26 AM) Risky ? yes but not extreme as I have already built my network and skillset throughout the years so I am confident I could start over again if I fail. To really move out from the middle income trap, certain risks have to be taken. What are things u recommend if want to learn like u? |
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