Need Help: How Do I Quit?CO
Alright guys, bear with me here. This summer I interned at an FX brokerage. My job was primarily sales related, with cold calling/prospecting companies being 85%-90% of my position. I couldn't stand the position at first; cold-calling individuals is rough, but cold-calling executives at F500 companies is a whole different level. Anyways, I learned about investment banking about a month into my internship and started hustling right away. Through direct cold-calling, I scored a Fall internship at a local boutique.
Fast forward 3 months, and I'm nearing the end of my brokerage. I went from being the worst intern to a high performer at my firm. As soon as I scored my Fall internship, my fear about cold-calling firms disappeared and I've managed to bring a couple clients on. My boss even pulled me aside, personally commended my work, and gave me access to tier 2 clients (all clients are ranked tier 1-3, interns are only allowed to call tier 3 companies, so this was exciting). We get our extension offers this Friday, and I'm confident that my offer will be extended into the Fall.
My current job has a lot of opportunity. I mean, my bosses probably make around 150K-200K a year and work 25-30 hours a week. I'm not making that up, once you sign on 5-10 big name clients (they do all FX for a few F500 companies), the commissions become residual. Despite the opportunity, there are many cons. Cold-calling is arguably the least glamorous white-collar job around (I can never see this being enjoyable). I especially dislike the competitive nature of the job. I'm all for working hard, but I don't need a scoreboard that updates our sales total everyday, visible to everyone in the office. Similarly, nobody wants their boss to come up behind them and say "Hey, tim just closed another client, what are you going to do about that?"
One thing that appealed to me about Investment Banking is the sense of camaraderie that develops with analysts. You may be crunching numbers all day, but at least you're making solid friends. Here, I could never hang out with coworkers, there's too much competition/tension.
So, what do I do, and how do I do it? If my boss extends my internship, how do I politely say no. Should I say that I'm looking to leave at the end of the summer now (internship officially ends in 2 weeks)? Should I wait until the meeting? Is there anyone who feels that my current job offers better opportunities than IB (in terms of work-life balance)? Just looking for advice from people who have been in situations like this. Appreciate any advice. Thanks.