Cutting Ties

Of course won't leave until I have something lined up, but generally speaking, even if you believe in your place, is it time to move on once you feel in your head it's time to move on? Am I answering my own question? 

Generally, I believe in my shop's progress and a bunch of people. During the downturn, I know many people are feeling pessimistic, but generally speaking, till values come back and deals pencil in again, I feel it's a time to weed out underperformers and basically jack*sses.

I don't want to be a quitter, but a decent amount of BB's are starting to hire for Treasury and internal advisory. I feel it's a little lower paying than my current potential on debt, but way easier, and I don't see CRE stabilizing for a couple more years. I get along with my boss, but a lot of the people are all picking everything apart and deflecting blaming others since it's hard. Half the shop is super toxic the other side Is all trying to improve and perfect things in a good way. 

Do people see it turning around sooner rather than later? Stick it out and hope the optimists prevail? 

8 Comments
 

Don’t make decisions based on market trends. Make a change because you want to make a change. 

Commercial Real Estate Developer
 

If your gut is telling you to move on, then you should do it. It's hard to tell where the market will be in a couple months from now, but a continually bad market doesn't make a toxic shop much better. From personal experience, I left a toxic job on the development side a couple months ago. It wasn't always that way but with the way the market was going and how much more complicated it was for a deal to pencil, it just made things worse and I had to quit.

 

switched jobs and it was amazing. Try to stay in industry with a different shop before you go back office at a large corporation.

No offense to back office, but I’ve done both and after being in a deal role I could never go back. just my personality

 

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