Oh…and LO fucking L at “a “more sure thing””. Life isn’t sure. There isn’t one thing about even your current living situation that is “100% sure”. Anything could happen to you or those you love by tommorrow.
This has never been about “a sure thing”.
The man afraid to take risks never actually lives.
[quote]Professor X wrote:
Oh…and LO fucking L at “a “more sure thing””. Life isn’t sure. There isn’t one thing about even your current living situation that is “100% sure”. Anything could happen to you or those you love by tommorrow.
This has never been about “a sure thing”.
The man afraid to take risks never actually lives.[/quote]
^^^^
this
The Lord giveth and the Lord taketh away-
I would definitely do it if I felt I had the ability. Working hard toward a career goal is not equivalent to “giving up” your 20s. Drowning your liver in alcohol at the bar is.
Yeah, I’d never do this in a million years.
For some reason, this post makes me think of the movie ‘Click’.
I worked my ass off from 18 - 22, and now I’m self employed making about $60k for about 20 hours a week, which is high salary where I live. In this particular business (niche writing), most people fail, but it was worth the effort because it was what I wanted. Now I have a ton of free time to pursue things I enjoy (mostly travel).
I couldn’t imagine working 100+ hours a week at something stressful that made me fat and ulcer-ridden, with no life, no hobbies. I only get to live once.
[quote]ty_ty13 wrote:
i’d rather bust ass on a “more sure thing” than at a gamble on top of having to rack up more bills.
[/quote]
I’m wondering what you consider a “more sure thing?”
Hourly jobs are not sure things, plenty of people have found that out in the past few years. Most jobs that pay good money without needing college carry a great deal of risk whether you’re risking personal safety or job security.
[quote]sam_sneed wrote:
[quote]JLu wrote:
Perhaps I’m a little green around the ears, but what exactly is it about a specific age range that is considered so great? Why can’t your 40s be the best years of your life when you’ve been working out for 20 years and can now crank out more weight in the gym than ever before? Or when you’re earning more and have greater job satisfaction than ever before? Or companionate love with another human being?
[/quote]
Because you’re young and all of your friends around you are young. You don’t get youth back no matter how much you earn. When I was 21-28, me and my friends of the same age group would go out to clubs and bars and have a blast. We’d go wild, meet girls, party and fuck around with them and then do it all over again the next weekend. It was a blast. We’re all in our 30’s now. Some of us are married, others are in serious relationship. It’s just not the same even when we go out to bars. We really can’t go on vacation together either because of responsibilities at home (kids, mortgage, wives). If you aren’t into the above activities, then it probably doesn’t matter to you. [/quote]
Just wait. I’m 42, in way better shape and yes look better too, then I was in my 20s. 30s suck, it’s about getting married, having kids, lots of work. Kids grow up and then things get fun again.
As for working 100+ hours a week, not for all the tea in China. I’m not broke, not rich by any means, but I have fun and I’m happy. If those kind of hours and money make you happy, then it’s all good. I know people who make way less and still work like animals because they love it.
One thing people forget about this profession is the fact they also have the option to retire in their 40’s
You’re 1st year is 70k + base and you’re thinking about not taking it? I just graduated with an Engineering degree, etc and my best offer has been 60k first year. I took it only because of the money.
In all honesty, your first job out of college should IDEALLY - meaning, things are not always ideal - be a job that you can progress through about two positions higher than where you start.
So if you start as an associate, then become Associate 2 then Manager, make sure you’d be willing to put in that time.
I say 2 positions because that typically takes 4-6 years but happen sooner, but 5 years is a good chunk of time to really know if you’re passionate about something AND, if you are, it’s a good chunk of time to become really good at your job and make a name for yourself as you move up.
You will quickly learn that the best jobs are ones that TEACH you something: beyond a paycheck, you should be honing and acquiring skills if you’re pretty sure of the value of the job as part of a career path.
My friend is a hedge fund analyst but he loves investing so he’s ok with working 70-90 hours a week. I am sure they pay him well but he does enjoy it.
Whatever you do, you should be damn good at it so as to become a hot commodity. If it’s an entry level job, all the more reason you should be willing to dedicate at least 5 years and move up at least 2-3 positions. Entry level jobs are more expendable than other jobs.
When you hit a point in your career where recruiters are calling you, trying to poach you from the company you’re currently at, that’s when you know you’re doing something right.
[quote]sam_sneed wrote:
[quote]JLu wrote:
Perhaps I’m a little green around the ears, but what exactly is it about a specific age range that is considered so great? Why can’t your 40s be the best years of your life when you’ve been working out for 20 years and can now crank out more weight in the gym than ever before? Or when you’re earning more and have greater job satisfaction than ever before? Or companionate love with another human being?
[/quote]
Because you’re young and all of your friends around you are young. You don’t get youth back no matter how much you earn. When I was 21-28, me and my friends of the same age group would go out to clubs and bars and have a blast. We’d go wild, meet girls, party and fuck around with them and then do it all over again the next weekend. It was a blast. We’re all in our 30’s now. Some of us are married, others are in serious relationship. It’s just not the same even when we go out to bars. We really can’t go on vacation together either because of responsibilities at home (kids, mortgage, wives). If you aren’t into the above activities, then it probably doesn’t matter to you. [/quote]
I generally agree with what sam wrote (I am 27) but will add that it’s not entirely accurate.
Yes, most people stop going to clubs and partying at the least the same way they did when they were in their 20s, but much of it is because preferences change.
I prefer to go to a friend’s house - my friends own homes now - and drink, eat, watch movies, hang out, and not deal with stupid bouncers (Sorry Way) or trashy club rats waiting in lines.
Now, my friends and I plan trips abroad that we previously couldn’t because of finances - not being as established when you’re younger - so our idea of “fun” has changed but so has our finances. We can do more but need less or at least less often.
so everybody works so they can retire and live carefree right? nothing wrong with that. The problem is that its gonna take atleast 30+ fucking years(in most cases) to get to that point. For the people that absolutely love what they do and would be doing it for free, FUCK YOU!! ASHOLES!!LOL btw, there are alot of people that say they love what they do but that doesn’t mean they would be doing it for free(. If you get paid for what you would be doing for free anyways, then you have found true happiness. I would imagine these people being basketball stars,doctors,and cops because they would be playing basketball,helping people get well,and trolling people in the streets anyways.
If you’re living your childhood dream, chances are you’re very fucking happy. If you’re not,you’re just doing your job to survive. Its that simple. I don’t care how much you try to bullshit yourself,NOBODY WANTED TO BE a regional sales manager when they were 7 years old. I’m not knocking it, I understand that you have to do what you have to do to survive. The problem with most people(me included) is that they want more income they want a more luxurious life but they’re not willing to put in the work. If they were to leverage their fucking brains and try to get better in whatever the fuck they’re doing, They would accomplish amazing things
and the feeling of knowing you did something unbelievable that only a select number of people have done,what can be better than that?
No fucking way would I work 100+ hours a week. And if thats what you’re doing, you probably love money(I love it too!!) but for godsakes, leverage your brain and come up with an idea to make that money more effortlessly so you can have time to actually enjoy that big wad of cash.
sorry for drifting off topic.
[quote]DTP88 wrote:
[quote]oab729 wrote:
If you just graduated from college, would you choose to be an investment banker?
Here’s the layout
first and second year
70k base + 70k bonus if you’re good (top 10 out of 30)
If they like you (top 2 out of 30) and ask you to stay for a third and fourth year you’re looking at
80k base + 120k bonus
and then maybe you get bumped to a vp where ur making
350-500k/year
if they don’t ask you to stay then you go to business school
chill out for two years, pay 100k
go into private equity or back into investment banking, to make around 200k your first two years
out of business school and then 350-500k/year afterwards.
Keep in mind though that you will be working 100 hours/week on average for your first two years with plenty of all nighters. Every month you’ll probably have a week where you get by on four hours of sleep a night. You work weekends. And your only alternative that has remotely normal hours (50 hrs/week) has a significant paycut down to 100-120k/year.
Your next years will be 80-90 hours/week, but you’ll gradually have more control over your life.
So would you do it?[/quote]
You’re young, you’re supposed to work ridiculous hours and not get enough sleep. Go for it if it makes you happy.
At the end of the day if working 100 hour weeks doesn’t make you happy, no amount of money will compensate that. If you don’t mind ridiculous work hours, and having little to no social life, then enjoy making money. Seems like a job for a workaholic.
Personally - no.[/quote]
There are a couple different kind of people in the world.
You have to be a hard working motherfucker who can withstand the stress of working 100 hours a week…which will never get easy for years until you get to a place with significant financial security and a normal life. Can you do it?
OP, I would suggest you read ‘The 4 Hour Work Week’ by Tim Ferris. A very interesting read that gives an entirely different perspective on what it means to be “rich”.
[quote]oab729 wrote:
If you just graduated from college, would you choose to be an investment banker?
Here’s the layout
first and second year
70k base + 70k bonus if you’re good (top 10 out of 30)
If they like you (top 2 out of 30) and ask you to stay for a third and fourth year you’re looking at
80k base + 120k bonus
and then maybe you get bumped to a vp where ur making
350-500k/year
if they don’t ask you to stay then you go to business school
chill out for two years, pay 100k
go into private equity or back into investment banking, to make around 200k your first two years
out of business school and then 350-500k/year afterwards.
Keep in mind though that you will be working 100 hours/week on average for your first two years with plenty of all nighters. Every month you’ll probably have a week where you get by on four hours of sleep a night. You work weekends. And your only alternative that has remotely normal hours (50 hrs/week) has a significant paycut down to 100-120k/year.
Your next years will be 80-90 hours/week, but you’ll gradually have more control over your life.
So would you do it?[/quote]
This sounds like the greatest job ever, that would be a Yes for me.
I don’t even put into consideration for shit I have yet to earn. Stay on the grind and focus on the journey. So sick of seeing these 20 year old kids in business degrees talking about 6 figure salaries. The future doesn’t mean fuck all in that sense.
[quote]John S. wrote:
[quote]oab729 wrote:
If you just graduated from college, would you choose to be an investment banker?
Here’s the layout
first and second year
70k base + 70k bonus if you’re good (top 10 out of 30)
If they like you (top 2 out of 30) and ask you to stay for a third and fourth year you’re looking at
80k base + 120k bonus
and then maybe you get bumped to a vp where ur making
350-500k/year
if they don’t ask you to stay then you go to business school
chill out for two years, pay 100k
go into private equity or back into investment banking, to make around 200k your first two years
out of business school and then 350-500k/year afterwards.
Keep in mind though that you will be working 100 hours/week on average for your first two years with plenty of all nighters. Every month you’ll probably have a week where you get by on four hours of sleep a night. You work weekends. And your only alternative that has remotely normal hours (50 hrs/week) has a significant paycut down to 100-120k/year.
Your next years will be 80-90 hours/week, but you’ll gradually have more control over your life.
So would you do it?[/quote]
This sounds like the greatest job ever, that would be a Yes for me.[/quote]
LOL. That’s because he left out the “backstabbing co-workers, the lack of time for shit else including weight lifting on a regular basis, and the fact that most of these guys will be in poor health by their late 40’s due to running themselves into the ground for the last two decades”. At least that is what I have heard about that career path.
I got enough of that in school.
[quote]Professor X wrote:
[quote]John S. wrote:
[quote]oab729 wrote:
If you just graduated from college, would you choose to be an investment banker?
Here’s the layout
first and second year
70k base + 70k bonus if you’re good (top 10 out of 30)
If they like you (top 2 out of 30) and ask you to stay for a third and fourth year you’re looking at
80k base + 120k bonus
and then maybe you get bumped to a vp where ur making
350-500k/year
if they don’t ask you to stay then you go to business school
chill out for two years, pay 100k
go into private equity or back into investment banking, to make around 200k your first two years
out of business school and then 350-500k/year afterwards.
Keep in mind though that you will be working 100 hours/week on average for your first two years with plenty of all nighters. Every month you’ll probably have a week where you get by on four hours of sleep a night. You work weekends. And your only alternative that has remotely normal hours (50 hrs/week) has a significant paycut down to 100-120k/year.
Your next years will be 80-90 hours/week, but you’ll gradually have more control over your life.
So would you do it?[/quote]
This sounds like the greatest job ever, that would be a Yes for me.[/quote]
LOL. That’s because he left out the “backstabbing co-workers, the lack of time for shit else including weight lifting on a regular basis, and the fact that most of these guys will be in poor health by their late 40’s due to running themselves into the ground for the last two decades”. At least that is what I have heard about that career path.
I got enough of that in school.
[/quote]
If that comes with being able to retire at 40, sign me up.
Besides, most people exaggerate the number of hours they work, I’ve seen as much in my own profession.
[quote]LankyMofo wrote:
If that comes with being able to retire at 40, sign me up.
Besides, most people exaggerate the number of hours they work, I’ve seen as much in my own profession.[/quote]
Do they? I don’t even know anyone personally in this career field but I think I would notice an entire career path where everyone is partying like it’s 1999 when they hit 40.
[quote]Professor X wrote:
[quote]LankyMofo wrote:
If that comes with being able to retire at 40, sign me up.
Besides, most people exaggerate the number of hours they work, I’ve seen as much in my own profession.[/quote]
Do they? I don’t even know anyone personally in this career field but I think I would notice an entire career path where everyone is partying like it’s 1999 when they hit 40.
[/quote]
lol
thats because they dont look 40… more like 60.