Wondering how you guys deal with others gossiping about you, this is something that is unavoidable especially in this industry. How do you block out all these thoughts and the anxiety that comes with it so you can better focus on work?
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So the reality is everyone rants & gossips about one another: juniors rant about MDs, MDs talk trash about clients, VPs shit on their Analysts, etc.
I think this is just a byproduct of our industry: people work long hours and are stressed. When you’re stressed, one of the outlets to let off some steam is to rant/gossip. Who do you rant/gossip to? Well you are in the office most of the week, so you rant to your coworkers.
One thing I used to do on the sellside was to think “one day I’ll be rich/famous/powerful and I’ll crush you buffoons who have wronged me”. It gave me extra motivation (ie anger) that fuelled me throughout the year. And in a way that worked: one of my former VP (now a MD) who I really hated always pings me to pitch stuff. I’ve ghosted him for about 1.5 years now and his firm’s RM (relationship manager) is pressuring him on why our shops can’t connect. I’ll admit that I do get some satisfaction from this.
Everyone doesn’t gossip. To gossip is a sin. It falls under the 10 Commandments under Thou Shall Not Kill. You shall not kill another’s reputation. If you want to say something about them, say it to their face.
Wow so you really went from the underappreciated junior employee to the coveted buy-side client, congrats on making that happen. Most people have the same thought process of 'one day you'll be begging me for business', but few actually make that a reality. That must be very satisfying. It should also indicate to other seniors on the sell side that there are repercussions for treating your juniors like dirt. I remember all of the terrible seniors I worked for on the sell side, its something you never forget.
oh shit. Didn't rlly think of it this way - that there's the possibility that the asshole MD that bullies his analysts might one day see those analysts become buyside clients in the near future and regret it
I'd suggest not to open up a lot to your colleagues just maintain professionalism this includes not dating someone from the office (Do not HOOKUP where you VLOOKUP) and you will be fine. Also, avoid gossiping about others or participating in gossip
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Only the weak minded people engage in petty gossip. Just ignore and focus on your goals.
Yeah but there are a lot of weak minded people in finance. I have had experience where people do not have anything to talk about except gossiping and if they have something to talk about that would be mountain and beaches hahaha.
Sir, not just in finance, it’s everywhere. Nosy neighbors included.
E Michael Jones will 110
If you know lots of people, there is going to be someone who talks trash about you. The only thing that really matters is what you think about you. If you think highly of yourself, what other people think of you matters less.
Their negative energy will no doubt eventually lead to their downfall in some aspect of life. We want to stay away from this.
Stay focused on your goals, and more importantly stay positive.
mmmm what group of people do this
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