What’s so hard?
First off - This is an absolute Devils Advocate post. I love this app, stories, everything and respect all of you guys beyond belief. My best friends are in IB, etc so I’m well aware of how demanding, aggressive, all of it is. I am truly, genuinely curious as someone who never really did the whole Wall St type path.
What is all of the stress about? I’m not asking rhetorically, I see all of the pressure, voids, this and that. What is so hard about it other than the bad bosses and long hours? That seems to be a life choice you know before signing up, no? It’s Wall st? You all are getting paid? A guaranteed paycheck every 2 weeks so I don’t get what all the real actual stress is about when money is certain.
I run a business and I never know when my next payday is. This business has crushed me mentally, and all because of that reason, the uncertainty of money. I have dickhead clients, dickhead partners, all kinds of people that you wouldn’t believe that I think are insane and irrational and can’t believe they are 50+ years old acting like children. But that doesn’t bother me, that’s what I signed up for. It’s the money or lack there of.
So if you are getting a steady paycheck, what is the actual issue? You guys kind of sounds like little girls, no? “Aw my boss” okay fuck that guy who cares, then own a company and don’t have one. “Aw the work is hard” Okay? It’s work? You have to work hard that’s no secret. I work my fucking ass off with no certainty/guarantee of shit ever. It’s insane.
You all think that you’re stressed over other people and long hours, some dude that 5, 10 years older than you ruining your life like really? Grow up. It’s pathetic to let another person make you feel that way. Be a fucking man for Christ sake you all sound like bitches on here.
Here’s reality, if you can’t handle the pressure of other people, your boss, clients, long hours then you god damn well cannot handle being a partner or having full responsibility of your own business gets tough and have to work 24/7 just to give yourself a chance to survive.
So what is so hard?? You’re all getting paid next Friday be happy be thankful! My goodness.
Again - A Devils Advocate post. I made that sound mean so I can hear stories! Love you guys and the work you do, you guys are fkin Macho Maniacs just keep your head up and may the Finance Gods take care of you greatly.
Just because you think your life is harder than ours, doesn't mean you're suddenly the sole decider on whose stress is valid whose isn't lmao
Absolute boomer take to tell people to "man up" when they're dealing with very real toxic work environments and mental health issue
Also running a business doesn’t make you sound as cool as you think it does
You’re who I’m talking about. A toxic work environment? I would never say that out loud again even by accident.
A lot of the kids going in to IB from elite universities come from pretty privileged backgrounds. When you have faced little adversity coming up, long hours and a demanding boss is a shock to the system. As you point out, they know what they are getting themselves into and are paid very well despite tasks that are not actually difficult.
Yes to me that goes without saying. Banks only hire from the top schools that cost families obscene amounts of money and these guys want to complain about the amazing opportunity they have. It’s sad but I’m a 30yr old boomer I guess.
And then you see your tech and engineering friends who still make six figures and they actually have a life outside of work.
Inb4 layoffs comments, my FAANG friends are still very much employed rn which can’t be said for others in this industry cough GS
Potential earnings is astronomically higher in Finance and you outpace your STEM friends very quickly.
Yes I do see that as well.
Well, why didn’t you become an engineer then?
Yeah, it can always be worse I guess, but still working like 120 hours a week for a year straight is an absolute grind (there aren’t many hours to work above that - that was my 2022 basically).
Also I feel like only a small subset of the posts here and comments are bitching about stuff.
Finally - I feel like when I reference my hours it’s not like I bring it up to complain (unless just bitching with fellow monkeys) it’s more like someone will ask me like what my hobbies are and I’ll be like I have no hobbies and I’m not good at any hobbies and then it will naturally come up that I’ve spent most of my time since graduation on work lol
But it can always be worse, you could be the kid in the subcontinent rummaging through a dump the size of Rhode Island for needles he can find and re-sell to afford some daal for dinner. Our incredible privilege to have these jobs is not lost on me for a second.
Thanks for that comment. Yes I totally get that and I think when people hear 80, 100, 120 hours they just hear a number, when it’s an incredible ungodly amount of work that you sacrifice for. I love the grind and respect it whole heartedly.
I guess my post was mainly what I tell myself. Life is hard enough as it is so why make it any harder on yourself letting other variables/people affect you taking away the energy you truly need to get to where you really want.
Dude wtf is this post. For one, lots of the people complaining are fresh college grads who have never had to deal with these types of circumstances before (who has, but most are in early twenties, so there is going to be some more immaturity there inherently.) The partners that you're describing acting like little children... that's very close to how MDs behave, or clients of the IBs in some instances.
So people who have a paycheck at the end of the week aren't allowed to feel stressed? Like what. You're right dude, hadn't thought of that, since I know I'm getting paid in a week or so everything goes away.
One other point I didn't understand until being in the space. Most ppl in banking are extremely driven and don't settle for anything other than their best. This is exactly at odds with how feedback, talent development, work validation, etc. work in finance. It's an exhausting quest for perfection with bosses who will almost certainly not acknowledge your work and give it the praise it deserves. If you're someone who has been adequately recognized beforehand and "winning" at work or school has been kind of your whole existence, it can be tough. Again, who knows how this compares to not having steady pay, but to the people in banking, the difference probably feels pretty small.
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