Asking for a raise
mds: If you really want to stay in your current position (ie. you have a strong desire to contribute to the goals of that organization), another option would be to negotiate reduced hours for the same pay (say, 20 hours/week).Depending on the organization, you might be able to recruit some part time volunteer or intern help to pick up the slack.Then use the extra time for side consulting and/or working on a startup.