u/grundle18

Have $45k on parent plus loan that I am aiming to pay off from college.

$700/ month minimum payment is SO lame to pay.

7-8% interest.

I also have $300/ month minimum for my $25k personal student loan but much lower interest.

I am actively retirement investing and with a brokerage but I have the cash to just wipe this loan out.

My financial advisor is with it.

Seems like a no brainer at this point… but one lest reddit check.

Thoughts?

Have a high income role now and I have good liquid cash that will be invested soon from commissions I recently received.

It’s not stupid to wipe out the whole parent plus loan with that shitty interest right?

I was employee number 1 at a tech startup. Basically acted as a non-founder, founding member. Did all the mechanical engineering single handedly, then managed product and then went on to sales where I got some of our first key sales to keep the company alive.

I have 42000 options that are fully vested over a 4 year vest schedule. I quit 3 months ago for a much more lucrative sales job.

If I buy the options, it would be $25k out of pocket (I have the cash to do it and still be very comfortable)

The catch is… now that I’ve left the team, the two cofounders are doing sales and leveraging a channel partner for the rest. Growth is really hard to say but it is a hype company for sure.

They are looking to raise $15+ million towards the end of this year or beginning of next year and I figure I can sell my shares at that point or at least derisk heavily.

The big question… do I buy all the shares? Some? Or let it get reabsorbed.

My whole early career, I was so excited to have equity and fought SO hard to get it. But now I'm like… fuck do I invest in a company that I left because sales were SUCKING? Does the impending raise give me an easy out in the short term?

Guys idek how but here I sit on the last day of April having sold $346k in residential HVAC.

Sold in this case = signed revenue. All of it has either been approved for financing or 50% deposit taken already. 60%+ of it is already paid in full with job complete.

I started on Feb 10th this year. Zero HVAC experience. I was calling my oil boiler a furnace. (What an idiot)

Previously, I was in tech for 8 years as an engineer, prod manager, SDR, account exec, and then national (and only account exec).

I quit because I was bored and knew I was wasting potential… working remote and selling to government product they didn’t give a single fuck about.

In one month I’d typically make $7-8.5k at old job.

This month I made $34.6k and it’s honestly just silly.

The last year I’ve been saying, if I can sell well, why not sell something people NEED and a product that’s expensive.

HVAC is the answer.

Of course SOOOO many variables.

Team size, territory, quality of my install team (A+), etc etc.

All I can think is god damnit did I waste so much time being loyal to bullshit. I was brainwashed on the mission and being employee number 1 with equity.

What a fool I was.

Yes this sounds like a shit post. Sorry - I don’t know how else to explain lol. I stepped in golden shit with this job

Stop selling “wants”. Sell “needs”