I've seen many people make the transition to PM (project/product/program manager) from another role who didn't end up liking the switch, and these were their reasons for the career change. Overall, I think a lot of people look at the PM they're working with and don't see all of the work they're doing- if they're doing it right, their job seems easier than it actually is.
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💵More Money: Chances are, if you are in a specialized role (designer, developer, researcher, etc), you're probably making more money than the PM you're working with. This is especially true considering you may need to level down if you're switching to a new job family (PM).
💪Power/Control: PMs who are great at influencing others and leading meetings may give the illusion of having full control over the project/program/product they're working on. As a PM, you may actually feel like you have much less control because it's up to you to establish the foundation, pitch in where you can, but ultimately up to your team members and peers to create the actual outcome. You need to collaborate with your teammates- if you try to control them, you will fail.
🚦"Just Tracking Projects": Some people think that being a PM is just tracking projects, marking them green/yellow/red, and nagging their team members to get things done. This is part of the role, yes, but if it's the entire role for you, you aren't doing it right.