Meet Semlani, a former JPMorgan associate, quit his high-paying banking job to join a startup with a 70% pay cut. Disillusioned by corporate life, he sought fulfillment and flexibility, later co-founding a fintech firm. His journey highlights a growing trend of professionals prioritizing purpose over paychecks.
In a world where success is often equated with hefty paychecks and corporate titles, Meet Semlani’s journey challenges the norm. The 33-year-old former JPMorgan associate walked away from a lucrative career to join a startup, accepting a 70% pay cut in exchange for purpose, flexibility, and creative freedom.
Key highlights from his story:
Semlani began his career at JPMorgan in 2015, first as an intern in the U.S. before moving back to India to work in asset management. Like many peers, he subscribed to the “VP by 30” mantra, chasing titles and pay.
By age 26, however, he felt disillusioned and “robotic”, realizing that the grind no longer aligned with his values. The turning point came during a 10-day meditation retreat organized through the bank, where he confronted his dissatisfaction.
Choosing fulfillment over financial gain, he joined a startup, embracing the risk of instability and reduced income. He later co-founded a fintech platform in Gurgaon, proving that passion can outweigh pay.
Semlani emphasizes that success isn’t about big paychecks but about waking up and going to sleep with a smile. His story resonates with a growing trend among young professionals who prioritize work-life balance, mental health, and meaningful impact over traditional corporate ladders.
While friends chased promotions, Semlani built a career that aligned with his personal values, showing that career pivots can lead to both professional growth and personal fulfillment.
His decision reflects a broader shift in workplace culture, especially among millennials and Gen Z, who increasingly value purpose-driven work. For many, the pandemic accelerated this rethinking of priorities, making stories like Semlani’s both timely and inspirational.
As he puts it, “If I’m waking up and going to sleep smiling, I think I’m good.”
Sources: LiveMint, Hindustan Times, Moneycontrol