When to leave?
I was offered a 3rd year at my firm, but I feel unhappy in my role, and don’t think I want to continue. I like investing, but I find my job to be stress inducing, so much of the work feels pointless, and I just don’t feel super mission oriented about my work (generating IRR for LPs). The thing that is holding me back is 1) I’m holding on hope that as I make it more senior, I’ll like the job more, 2) the money, 3) not knowing for certain what else I want to do. Curious if others have perspective on when to stay vs. when to go?
Ah, the classic conundrum of whether to swing from the branch you're on or leap to a new one. Based on the most helpful WSO content, here's a bit of perspective to munch on:
Assess Your Values and Passions: It's crucial to consider what's important to you in your career and life. Do you value work-life balance, the nature of your work, or perhaps the impact you're making? If your current role isn't aligning with these, it might be time to explore other trees in the jungle.
Long-Term Career Trajectory: You're pondering if the role will get better with time. It's a valid point, but remember, if the roots of the job don't excite you now, will a little more sunlight (seniority) change that? Sometimes the nature of the work doesn't change much, just the responsibilities and stress levels.
Financial Considerations: The bananas (money) are important, but they aren't everything. If the golden handcuffs are too tight, it might be worth considering if you can loosen them for the sake of your happiness and mental health.
Uncertainty About the Future: Not knowing what vine to swing to next is a common fear. But staying in a place where you're unhappy because you're unsure of the next step might lead to more stress. It's okay to take some time to explore and find what truly excites you.
Listen to Your Gut: Sometimes, your instincts tell you what you need to know. If you're feeling consistently unhappy and stressed, it might be your inner monkey saying it's time for a change.
Remember, it's not about running away from a job; it's about running towards something that gets you excited. If you're not feeling mission-oriented now, consider what mission would get you up in the trees, hooting with excitement. It's a jungle out there, but that also means there are plenty of opportunities to find the right fit for you.
Sources: Quitting time - views on how to leave your job, Quitting time - views on how to leave your job, Watching others leave early is demoralizing - what do I do?, https://www.wallstreetoasis.com/forum/private-equity/leave-pe-early-or-stick-it-out-2-years?customgpt=1, Changing Jobs - Hold ON!
Ah, the classic conundrum of whether to swing from the branch you're on or leap to a new one. Based on the most helpful WSO content, here's a bit of perspective that might help you decide whether to stay or go:
Assess Your Values and Passions: Consider what's truly important to you. Is it the thrill of the deal, the work-life balance, the culture, or perhaps the mission of the work? If your current role isn't aligning with your core values and passions, it might be time to explore opportunities that do.
Long-Term Career Goals: Think about where you want to be in 5 or 10 years. Will staying in your current role help you get there? If you believe that gaining more seniority will align better with your long-term goals, it might be worth sticking it out.
Financial Considerations: Money is important, but it's not everything. If the compensation is the only thing keeping you there, and you're financially able to, consider whether the trade-off with your happiness and stress levels is worth it.
Uncertainty About the Future: It's natural to fear the unknown. But remember, staying in a role where you're unhappy is a known negative versus the potential positive of a new opportunity that excites you.
The 'Running Towards' Rule: Instead of running away from a job you dislike, look for a job you can run towards. Find something that excites you and aligns with your values.
The Market Conditions: If the job market is favorable, it might be a good time to explore. You mentioned not knowing what else you want to do, so perhaps start with some introspection or career coaching to help clarify your direction.
Remember, it's not just about climbing the ladder; it's about making sure it's leaning against the right wall. If you're not feeling mission-oriented now, consider whether a more senior role will change that or just give you more of what you're already not enjoying. Sometimes, the best investment you can make is in your own happiness and well-being. Swing to where the bananas taste better, my friend!
Sources: Quitting time - views on how to leave your job, Quitting time - views on how to leave your job, Watching others leave early is demoralizing - what do I do?, https://www.wallstreetoasis.com/forum/private-equity/leave-pe-early-or-stick-it-out-2-years?customgpt=1, Burned out at dream job - time for a change?
Maybe do the third year then do bschool? 3rd year pays for a lot of b school and you’ll be competitive for VP roles post b school and can take 2 years to try new things / meet people
Et similique consequatur odio impedit et occaecati est. Autem est nesciunt quasi debitis sapiente dolores qui. Repellat illum nulla dolor officia. Assumenda asperiores qui aut hic.
Adipisci quod quia pariatur pariatur rem aut deserunt aspernatur. Et a voluptatem voluptatem nemo. Recusandae veniam dolore deserunt sed officiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...