Best IB exit for lazy people?
I will begin by saying I am quite lazy. I don’t know how I survived 4 years of IB. I recently quit and have been traveling the world. It’s quite nice, but I need money now.
I am in the beginning stages of starting a company, but I don’t think it will work out well because I have few tangible skills and, if we’re being honest, I’m quite lazy. I don’t think I have the work ethic… the blood, sweat, and tears… to build a business from the ground up.
I thought about VC, so I’m still in the startup ecosystem but not an operator. They are very competitive though.
I could do consulting, but that’s still a lot of work (and soul sucking).
Does anyone have any suggestions for what I should do with my life?
I am interested in money (staying at nice hotels, flying business class) and I like my girlfriend.
Thanks!
Feet finder
BD/IR at the right firm might solve your problem of enjoying travelling
Go back to IB. Lazy people do very well in IB. We are the ones who are efficient and focus on the things that matter, we don’t waste our times or those of others.
You’ll never get a 30 page pitch book ask from me because I couldn’t be bothered to review it out of laziness.
IB is for mentally deficient losers. True analysts pass the CFA
Too much work. I’m lazy and I like money, thus IB.
mid to small cap PE. and i am talking one time fund. take some risk. goes well with laziness.
Sovereign wealth fund, preferably with the matching race
Do you say you're lazy because you don't like working 90h+ a week or feeling utterly unmotivated to do all the bs tasks that ultimately don't really matter? Not sure if that makes you lazy or just done with IB.
I was feeling the same after 3y in BB IB and missed the times when i was actually motivated and excited to do things. I was just super burned out. I ended up transitioning into Strat finance role in a scale up and to be honest i think that was one of the best ideas. Comp is definitely not as high as IB but you still get pretty well paid cause these teams hire from IB / consulting so they would know what people are trading off.
I did do a brief stint in early stage VC cause i wasn't sure if maybe i missed out on the interesting buy side - but really didn't love it so made my case for start fin even stronger and thats where I came back to since. Worth considering. I wrote a lot about my experience in strat fin / non traditional IB exits in my substack "Off track, by design".
Regardless, worth considering generally corporate roles that hire ex IB - lifestyle better, money still decent and gives you space to breath.
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