Still making mistakes 8 months in
I recently joined a REPE shop as an associate after switching from development. The culture here is much more intense than at my previous firm(longer hours, aggressive culture, etc.)
I feel like I’m continuing to make small mistakes that my boss is raising, and it’s taking me longer to grasp certain concepts. Have any of you experienced this? Any advice would be appreciated.
Tips would depend on the types of mistakes (modeling, memos, formulas, data pulls, etc) but a sound tip is having a colleague who’s on the same level as you check your work before it goes out. Tbh everyone makes mistakes though. That’s why there are typically multiple layers of “checks” before official work gets submitted.
Yes, new jobs can be a lot of new stuff to learn and that can force more basic errors than normal. The key is to build a system that works for you.
The less others need to check your work the more independent you become and the more work they’ll give you ie get promoted
Model? Build a check sheet.
PPT? Three step review (i) formatting (ii) grammar (iii) numbers
Shit will always sneak through the cracks but if you’re consistent and double check your work you’ll catch 99% and anything you miss will be small.
Good luck.
Shit will always sneak through the cracks but if you’re consistent and double check your work you’ll catch 99% and anything you miss will be small.
good post like it "Still making mistakes 8 months in"
Use MS OneNote to create guides/reminders for yourself
Are you making the same mistake multiple times, or new mistakes each time?
Latter comes with experience, reps & time, you’ll be fine if that’s the case. Former is an issue, it means you are sloppy with your work / not double checking it / not asking the right questions to grasp an understanding of the concept, and thus need to evaluate your system as others have pointed out.
Have been there, it sucks. Made that exact same switch and had the exact same issues. Took my boss literally grinding it into me and some very late nights/extra homework to get all the concepts/modelling/triple checking everything and eventually got let go because of it. With that being said the next job I was ready to go and came in very strong with a real mastery. Unless you come from I-banking or have had considerable modelling and deal structuring experience before, it is not intuitive, and that's why they usually hire form those buckets and have that as a pre-requisite. Keep at it!
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