Disclaimer that this is not a flex or troll post, as this is an actual problem I'm having (albeit a "good problem").
I'm making $250k / year as a REIB associate (no MBA, analyst promote) but I want to move to the buyside (REPE, debt fund, or) and also move markets.
I imagine most of these jobs would expect me to come in as a senior analyst / junior associate given they have a long line out the door of experienced REPE analysts/associates who are also applying for jobs. Based on past threads on here, I would be looking at pay of around ~$150k all-in pay.
How do I justify taking a $100k paycut as a 26 year old? I think if I told anyone I know that I'm looking to take a $100,000 pay cut for a job with similar hours and responsibilities, they would a) think I'm lying or b) tell me I'm a moron.
And on top of that, it's still extremely hard to land one of these $150k / year jobs. I've only landed a handful of interviews through cold applying (haven't started networking yet). But I'm struggling to get the motivation to begin the networking process given the "golden handcuffs" problem.
Has anyone here given up a cushy salary in pursuit of a buyside RE Role? How did it pan out for you? Would love to hear some positive stories in general of leaving a cushy paycheck for something else and how it worked out. Or stories where it didn't work out? I'm all ears