IIT Graduate Regrets Leaving Rs 28 LPA Job for Startup, Here’s Why

Many wish to leave their jobs and want to start their own business. An IIT graduate had left his job for business, but now he regrets it. A post is going viral where a man now regrets leaving his high-paying job for a startup. He shared a long post where he describes his own experience.

Lessons for others contemplating the same route have been shared by an IIT graduate who left their Rs. 28 lakh per annum position to start a business.

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The founder characterized the startup ecosystem as deeply broken, highlighting gatekeeping and predatory services as one of the few obstacles preventing individuals from achieving their goals and noting that personal connections frequently skewed the playing field.

“I left a Rs 28 LPA job to build something I genuinely believed in. Over the last 11 months, I’ve spent around Rs 10-12 lakh on product development, salaries, and trying to raise funds. On top of that, I paid lakhs in total to pitch deck reviewing firms, fundraising consultants, and a few bootcamps. I won’t name them, but most delivered little to no real value,” he wrote in his post.

I Quit a ₹28 LPA Job for doing a Startup. Here’s What Actually Happened
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“Hard truth, if you don’t have strong connections, your chances drop massively. I’m from an IIT background, so I still have a safety net. I’m getting job offers again. But many people won’t have that cushion. For them, this path can be financially and mentally devastating,” he added further.