I've got a friendly acquaintance at another firm that I hang out with sometimes with mutual friends. I've gotten some one on one time with this chick recently, and she and I are basically at the same level--2nd year analysts, although I'd say her bank is much better known than mine (I work at a very small boutique, but whatever--I really like my job and I've got an awesome commute, so F you...) and she has a ton of student debt where I've got none (thank you state university...)
Anyway, she was telling me about an opportunity she has. I kind of laughed out loud (in my head) when she told me about it because it kind of came off like a pyramid scheme the way she told me about it. Basically, she has an opportunity to manage an office of mortgage loan officers. It's a new office and apparently she gets a budget to rent office space, hire a few staff members, and recruit experienced loan officers. They're offering her a 6-figure base (I guess that means $100k, which isn't WAY less than what I'm making all-in), and when she shares revenue the projections are anywhere from $500k to 7 figures per year when the office gets rolling. It's supposed to take about 24 months for the office to start rolling.
I'll be honest, I have 2 sinful mixed emotions--1) intense jealousy at the opportunity she has at her age and 2) scorn for the industry and shock that she would consider taking a step back in her career.
Am I being a prestige whore? Would any current bankers leave their jobs for being basically a glorified loan officer even if the money were obscene? I'm just feeling a little disillusioned tonight after that convo and am having trouble processing this girl's decision to leave banking for...lending...
Troll.
Making money is making money, if you're insecure about how you go about it then you're a pussy. Clearly you are jealous; you don't really like your job all that much, but the prestige and money make you feel somewhat like a man and a success in the eyes of others. You want to have an easier lifestyle and make more money, just like your friend, but you're a pussy.
Well, I guess that's at least honest feedback. LOL.
Everyone has a life and his/her own choices. Who cares.
Whoa slow down buddy, you failed to mention whether or not she was hot
A step back? Really? You might want to take a step back and look at exactly what it is you do objectively before you begin to slander other professions. I wouldn't say anything is to far removed from being a mortgage loan officer.. and besides, what the hell is so awful about helping people get loans for their dream house. Maybe your helping a couple fulfill their life long dream or a family looking to downsize or any other million great things that can come from getting a mortgage. Just because there is a black eye on the industry from what happened before doesn't mean everyone is a hair gelled menace looking out for every low income person they can find to leech off of. Jesus dude. Be happy for whoever it is and keep in in perspective. I would actually say that even if she fails miserably and it doesn't work out, guess what? She now has the experience of managing an office and trying to build out a section of a business.
I wish I could "take a step back in my career" to make $500k to 7 figures per year. Oh well.
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