Everyone in finance has a
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? on 2/13/12 at 10:27amEveryone in finance has a personality flaw of some sort. Whether it's watching CNBC/Bloomberg like a teenager watches SportsCenter, spending extra time at the office to get ahead and become more knowledgeable (referring to AM specifically here), or simply trading your free time away while you're younger to have a better chance of success in the long run, everyone is a little "off" in my opinion. You have to be in order to survive.
That being said, I understand how you feel. I transferred straight into my school's business program, so I don't know many people here who don't have an interest in finance/business in general. I've definitely caught myself talking about finance/internships with my friends, but I don't really mind. It's internship season and everyone's excited to hear about who got a great gig, or what the other person is doing this summer.
Talking to girls about finance on the other hand... Ehh. You should be able to have something else to talk about there. I could date a finance girl, but not a banker.
Yes, I went into this because
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? on 2/13/12 at 10:29amYes, I went into this because I WANTED it to take over for a while. It was this or the military. I was looking to change myself for the better and then walk away at some point a little wiser and a little richer.
I do, however, kinda feel bad for the people that stay here forever. It's a half life, and everything revolves around making money. It's good for a while, but if I'm 40 and still chasing paper at the expense of everything else, I'd probably shoot myself.
In NYC, the light at the end of the tunnel is Jersey.
UFOinsider wrote: Yes, I went
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? on 2/13/12 at 10:45amUFOinsider wrote:
Yes, I went into this because I WANTED it to take over for a while. It was this or the military. I was looking to change myself for the better and then walk away at some point a little wiser and a little richer.
I do, however, kinda feel bad for the people that stay here forever. It's a half life, and everything revolves around making money. It's good for a while, but if I'm 40 and still chasing paper at the expense of everything else, I'd probably shoot myself.
I had a very similar idea as well. I thought wanted the finance craziness to take over for a while...but do you think it starts taking a substantial toll on you? Meaning, once I got set on finance, my social life, and even some friendships took a backseat to my career goals. Eventually, you lose those friendships and finance becomes an even bigger part of your life.
porsche959 wrote: UFOinsider
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? on 2/13/12 at 10:56amporsche959 wrote:
UFOinsider wrote:
Yes, I went into this because I WANTED it to take over for a while. It was this or the military. I was looking to change myself for the better and then walk away at some point a little wiser and a little richer.
I do, however, kinda feel bad for the people that stay here forever. It's a half life, and everything revolves around making money. It's good for a while, but if I'm 40 and still chasing paper at the expense of everything else, I'd probably shoot myself.
I had a very similar idea as well. I thought wanted the finance craziness to take over for a while...but do you think it starts taking a substantial toll on you? Meaning, once I got set on finance, my social life, and even some friendships took a backseat to my career goals. Eventually, you lose those friendships and finance becomes an even bigger part of your life.
Part of this is just growing up....it's not as much fun all the time, that's life. It's really up to you to decide if you're comfortable with it, and how far you'll take it. I don't know what space you're in, but for the most part the first two/three years just suck and then it starts to get better.
In NYC, the light at the end of the tunnel is Jersey.
You have to balance out your
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? on 2/13/12 at 11:07amYou have to balance out your life... not only will it help you become more successful, but will also give you more fulfilment.
Areas to focus on:
- Family: This is key. Family first. Sort out any issues you have with relatives and make sure you keep in touch & visit on the holidays.
- Friends: Make sure you have enough non-finance friends to keep you grounded and keep perspective. This will help you maintain a grip on reality.
- Personal life: Date, or have a relationship. Don't wait until you are ready, or make enough money to get to know that girl/guy that you like.
- Volunteer / Charity / Give back: This will keep you grounded and will do wonders for your self esteem.
- Career: Make sure you develop your career, credentials, network, etc.. don't let your "job" get in the way of developing your business skills, marketability and ability to make money.
Don't give me BS about how you don't have any time. It takes 30 minutes to call 4 relatives or friends to say hi. A 1 hour coffee is a decent 1st date, etc...
Also, realise that finance is a tool to give you options... options in your career, options to pursue other interests, options to travel, to retire earlier, etc... don't get into the trap of not setting your own "real goals" and replacing them with corporate / advertising ones.... e.g. try to progress in the corporate ladder just because it is expected even though there are other paths that might be better, or spending all of your bonus on fast cars you don't know how to drive, holidays to places you don't like to spend time with people you don't care about.... Monaco sucks when you're surrounded by gold diggers, prostitutes and middle aged men... you're better off at Hunter Mountain with your buddies or a long weekend break to South American with the nerdy girl you like.
Bonus: The next time you're sitting next to a CEO at a conference and you're discussing your non-work lives, you'll have more insight to share than which Nobu is the best one...
Really good advice above,
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? on 2/13/12 at 11:21amReally good advice above, take it seriously or you will end up in an apartment alone and depressed every Saturday night after the first few months of partying hardcore every weekend.
Relinquis wrote:
- Personal life: Date, or have a relationship. Don't wait until you are ready, or make enough money to get to know that girl/guy that you like.
^^ YESSSSS! Keep it simple, stupid [KISS]
Everyone is busy, so just be real. If you want to chase tail, chase tail, but real dating is pretty simple: "Hi, I LIKE YOU, let's hang out." Put work first, do what you gotta do, and hopefully you walk away from the hustle with more than money.
In NYC, the light at the end of the tunnel is Jersey.
I have known some girls in my
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? on 2/13/12 at 11:35amI have known some girls in my office since my internship.
My first impression was that they were hot..
But now they are not hot anymore after three months.
Relinquis wrote: You have to
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? on 2/13/12 at 12:42pmRelinquis wrote:
You have to balance out your life... not only will it help you become more successful, but will also give you more fulfilment.
Areas to focus on:
- Family: This is key. Family first. Sort out any issues you have with relatives and make sure you keep in touch & visit on the holidays.
- Friends: Make sure you have enough non-finance friends to keep you grounded and keep perspective. This will help you maintain a grip on reality.
- Personal life: Date, or have a relationship. Don't wait until you are ready, or make enough money to get to know that girl/guy that you like.
- Volunteer / Charity / Give back: This will keep you grounded and will do wonders for your self esteem.
- Career: Make sure you develop your career, credentials, network, etc.. don't let your "job" get in the way of developing your business skills, marketability and ability to make money.
Don't give me BS about how you don't have any time. It takes 30 minutes to call 4 relatives or friends to say hi. A 1 hour coffee is a decent 1st date, etc...
Also, realise that finance is a tool to give you options... options in your career, options to pursue other interests, options to travel, to retire earlier, etc... don't get into the trap of not setting your own "real goals" and replacing them with corporate / advertising ones.... e.g. try to progress in the corporate ladder just because it is expected even though there are other paths that might be better, or spending all of your bonus on fast cars you don't know how to drive, holidays to places you don't like to spend time with people you don't care about.... Monaco sucks when you're surrounded by gold diggers, prostitutes and middle aged men... you're better off at Hunter Mountain with your buddies or a long weekend break to South American with the nerdy girl you like.
Bonus: The next time you're sitting next to a CEO at a conference and you're discussing your non-work lives, you'll have more insight to share than which Nobu is the best one...
Excellently said.
I feel like this needs to be
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? on 2/13/12 at 1:12pmI feel like this needs to be written about on the front page. I think I am going to gather all the comments on previous, related posts and post it soon.
(Seriously, one of my biggest fears). I already feel it happening. I sometimes catch myself from talking too much about current events, financial careers, and making money.
I can see this becoming a
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? on 2/13/12 at 3:05pmI can see this becoming a huge problem. I got my offer, now I'm trying to relax before I start and I can't stop... seriously. I get anxious when I'm not doing something productive to further my career. I told myself I would party and live up my last semester in college but now that I have the time I'm not doing it, I just keep working on my GMAT, my club, and my non-profit.
I need to take a break from WSO until August, this thread scares me.
"Have you ever tried to use a chain with 3 weak links? I have, and now I no longer own an arctic wolf." - Dwight Schrute
UFOinsider...great advice I
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? on 2/13/12 at 3:12pmUFOinsider...great advice I really appreciate that. I think that all of us have to remember from time to time that though we may think we do....we all don't have it all figured out.
Good is the enemy of Great
If you dont like your job
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? on 2/13/12 at 4:09pmIf you dont like your job enough for it to become permanently a large part of your life then i suggest finding a new job as soon as possible. This whole notion of "i'll do this till I'm 40" is not realistic...most people are not going ot have enough money or time to switch careers at 40. At 40 you likely will have kids and be locked into the job that you hated 20 years ago...when you're young is when you have the flexibility to switch careers not when your 40.
Bondarb wrote: If you dont
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? on 2/13/12 at 4:38pmBondarb wrote:
If you dont like your job enough for it to become permanently a large part of your life then i suggest finding a new job as soon as possible. This whole notion of "i'll do this till I'm 40" is not realistic...most people are not going ot have enough money or time to switch careers at 40. At 40 you likely will have kids and be locked into the job that you hated 20 years ago...when you're young is when you have the flexibility to switch careers not when your 40.
I don't think its about disliking your job. I think it has to do with becoming a more rounded and complete individual. From WSO I would gather that "the Goldman Sachs" is god and anything else below is pretty much worthless. Outside of the WSO prestige bubble, very few people have heard of the top firms us monkeys drool over. Not that there's anything wrong with that..it's a great motivator and has gotten me where I am today. But I think it does take a toll on our social life. I.E. what the guy said above, always trying to be productive and trying to surround yourself with equally driven individuals.
I second both Relinquis and
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? on 2/13/12 at 4:48pmI second both Relinquis and Bondarb. To all the students here - your perspective changes after a few years in the field, trust me.
Source: http://www.wallstreetoasis.com/forums/losing-yourself-to-finance
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