After dealing with some directors and senior directors for 2+ years, I really wonder in my head how tf did they get hired? I had to jump through a million hoops just to get an offer and these guys can barely give direction to junior folks, and are stuttering every time you ask them a question. Has the industry just gotten this competitive where people didn’t have to be super sharp 15 years ago when they entered it?
and for any soft trolls who think I’m smarter than these people, I do not and this has more to do with communication skills rather than intelligence. I’m just confused on how they can barely communicate, but when ur being interviewed you get dinged for messing up on your words twice.
It's definitely gotten substantially more competitive and merit-based. It used to be a boys club where connections got you in and as long as you had an average IQ, you'd make MD.
My man, the earlier you come to terms with the fact that 50% of the people in this industry got here because their dad is also in the industry, another 25% got here because they went to the same private highschool as someone whose dad is in the industry, and another 10%-15% of the quarter remaining just got lucky because you couldn't lose in the last 10 years, the better your mental health will be. Just go out and execute. All you can control is you.
Too real
Can confirm, my dad is in the industry.
But also can't confirm because his dad wasn't in the industry!
oh hell naw... you can't tell all the kappa alpha, SAE's or frat bros that their network got them the job at CB, JLL, etc. It's all SMARTS. Never connections and luck.
That is why you will work hard and show them how great of a communicator you are. At the end of the day, a CEO would love to fire a incompetent senior adding no value and give more responsibility to a junior like you that is willing to work hard and get results.
I am a 2nd year analyst that has been working with a (new to the company) VP that basically has the competence of an analyst straight out of UG (not exaggerating). Something like 20+ years in the industry, and I have no idea how he has gotten by like this for so long. The amount of errors, questions, not noticing things, and just straight up not knowing what to do. It's really shocking actually.
sooo just going to skip over the potential for "overconfidence bias" on your part..... and drop a simple point...
If you really are better than the median player at your firm/industry (50/50 chance you are right??), then exploit this and outperform and succeed, as it literally will be easier.
Trust me, the longer you are in this industry, the more GLAD you are that such people exist.. just another market inefficiency to exploit!
You can’t exploit incompetence at mom & pop! Usually, leadership doesn’t care!! And more about egos. The relationship outweighs any value add, and actually backfires on value add associates. If you are working with manipulative jerks, easy for then to lie and say you are uncoachable, can’t follow instructions, and then fire you for doing things the right way!! You can exploit this very well at an institutional shop or a platform with real leaders!
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