It is time to quit when
1. You start feeling too comfortable. When you reach that mode, your mind starts to ignore many signals that otherwise tell you about the bad health of company.
2. You are a hired as executive member of a startup and the few weeks later you hear CEO grossly overstating the financial state of the company.
3. You hear a startup lying to VCs about financial state of the company, in a desperate bid to raise money.
4. You are not paid your salary the first time for a month. Remember, the longer you stick without salary, the harder it will be to quit.
5. You hear founders criticizing each other.
6. You hear founders criticizing other executive in the team.
7. You see 10 customer presentations done, and not even a single one comes back for more information.
8. You are part of the executive team, but who is hired or fired is solely decided by the CEO.
9. Your CEO is using a $40K car, while the company does not have money to pay salaries.
10. Your promised stock options remain verbal promises and the founders are always giving excuses about it.
11. You are head of product development, but you see your CEO writing code for the product without you knowing about it.
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