Does continually thinking about exit-opps lead to misery?

We've all seen it on WSO. The exit-ops dream. Threads galore attempting to rank banks and consulting firms solely off of exit ops.

  • The IB analyst/associate justifies 2-3 years of doing work they hate for better exit-ops.
  • The S&T analyst grunting through to try to make it to a hedge fund.
  • The consultant putting up with 100 hour work weeks in hope of a better life.

    If this period was 2-3 years, maybe thinking about exit opps would be justifiable. After all, that's what college is for: hoping to build a better future. But many seem to fall under a cycle. Once they hit PE associate, next its justifying another grind to reach PE VP or break into a hedge fund. And on and on and on..
    With people continuously focused on the future life, will they be ever happy in their current life? Is it better for somebody to enjoy their current position and live life to the fullest with exit-ops being at the background instead of the forefront? Comment below with your thoughts.

  •  

    I think it does - if you’re constantly prepping for the next stage, when do you get to enjoy the benefits of the work you have already done? Not saying anyone should go into pure “harvest mode” in early career, but I find myself wishing I could simply throw myself wholeheartedly into excelling in my current role and spend the free time I do have enjoying life outside of work. At a certain point you need to ask yourself why you are putting in the hours - and no, “because WSO said so” is not a valid reason.

    EDIT: Would be nice to have a more senior user weigh in on how their mindset on this has evolved over time, and what precipitated that. Also would like to know if they think focusing on exit opps has a meaningful payoff at any stage.

     

    I struggle with this in a big way, can't stop seem to thinking about what my next move will be and constantly reassessing a short, medium, and long-term view of my career path. I'm trying to focus more on being fulfilled by the meaningful and interesting work I'm doing now, I think I just have to retrain my brain a little bit.

     

    One sense I get is in this industry, your skills are highly cumulative and the more experience and exposure you get, the more enjoyment you can take in the work. It takes years to train the brain to make the kinds of insights the top guys in the industry make and to support the kinds of creative decisions being made. This isn't to say there isn't creativity and enjoyment to be had at every level - there absolutely is. Whether the creativity and enjoyment at any level is "enough" for you is a deeply personal decision, and different for everyone.

    My point is that opportunity cost is a reality in life at every turn. If you have a distant end goal, and it requires some gnarly steps to get there, you can't help but thinking futuristically and looking towards the exit opps. The people I know who are truly happy take joy in the journey, not just the end result.

     

    Being goal-oriented is a good thing. If your potential exit-ops align with your long term goals, then I think there is no harm in thinking about them and being excited for them. I find having short-term goals (professional and personal) give me happiness my "current life."

    If you are too focused on ONLY the short-term then you may be really happy right now, but you might be hindering your growth.

     

    Nesciunt sequi sed veritatis et in. Dolores assumenda accusamus laudantium aperiam unde nesciunt delectus. Aut provident autem ut et.

    Quasi veniam reiciendis dolor ut quidem aliquam voluptas dolor. Et blanditiis qui autem nulla laboriosam quo culpa.

     
    Most Helpful

    Dolores ea qui ut blanditiis laudantium aut in. Saepe aut debitis illo quam non dolorum. Alias quia cumque aperiam dignissimos consequuntur.

    Odio fuga nobis libero sint corporis. Accusantium rerum possimus illo sint. Eius mollitia doloribus nam. Ut sint cum non voluptatum sit.

    Et voluptatem autem quaerat tempora et. Atque ut velit aspernatur qui ab. Numquam amet dolor ut. Odio ut dolores animi vel sit quia iure.

    Tempore odit quo rerum quidem accusantium tenetur. Ipsum consequuntur aliquid voluptatum. Perferendis labore adipisci earum sit ut quidem ullam mollitia. Corrupti et explicabo voluptatibus libero molestiae. Est suscipit tempore nisi accusantium ipsam ea numquam.

    Career Advancement Opportunities

    April 2024 Investment Banking

    • Jefferies & Company 02 99.4%
    • Goldman Sachs 19 98.8%
    • Harris Williams & Co. New 98.3%
    • Lazard Freres 02 97.7%
    • JPMorgan Chase 03 97.1%

    Overall Employee Satisfaction

    April 2024 Investment Banking

    • Harris Williams & Co. 18 99.4%
    • JPMorgan Chase 10 98.8%
    • Lazard Freres 05 98.3%
    • Morgan Stanley 07 97.7%
    • William Blair 03 97.1%

    Professional Growth Opportunities

    April 2024 Investment Banking

    • Lazard Freres 01 99.4%
    • Jefferies & Company 02 98.8%
    • Goldman Sachs 17 98.3%
    • Moelis & Company 07 97.7%
    • JPMorgan Chase 05 97.1%

    Total Avg Compensation

    April 2024 Investment Banking

    • Director/MD (5) $648
    • Vice President (19) $385
    • Associates (87) $260
    • 3rd+ Year Analyst (14) $181
    • Intern/Summer Associate (33) $170
    • 2nd Year Analyst (66) $168
    • 1st Year Analyst (205) $159
    • Intern/Summer Analyst (146) $101
    notes
    16 IB Interviews Notes

    “... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

    Leaderboard

    1
    redever's picture
    redever
    99.2
    2
    Betsy Massar's picture
    Betsy Massar
    99.0
    3
    Secyh62's picture
    Secyh62
    99.0
    4
    BankonBanking's picture
    BankonBanking
    99.0
    5
    kanon's picture
    kanon
    98.9
    6
    CompBanker's picture
    CompBanker
    98.9
    7
    dosk17's picture
    dosk17
    98.9
    8
    GameTheory's picture
    GameTheory
    98.9
    9
    DrApeman's picture
    DrApeman
    98.8
    10
    Jamoldo's picture
    Jamoldo
    98.8
    success
    From 10 rejections to 1 dream investment banking internship

    “... I believe it was the single biggest reason why I ended up with an offer...”