Title says it all. I've been at my current shop for ~4 years now and I'm starting to wonder/feel like I've kind of run my course here. Upward mobility is currently limited + beginning to disagree with some of the current investment theses and I don't want to stifle my professional growth. At the same time, I think I'm in a good position long term and am afraid to throw that away too.
Would love to hear from others what you saw/how you felt when it was time to make the jump.
Thanks.
| +43 | What Is Your Backup Plan? | 20 | 7h |
| +39 | Where are free agents signing? | 21 | 14h |
| +35 | AvalonBay Equity Residential Merger discussion | 16 | 12h |
| +34 | Future of Real Estate | 9 | 16h |
| +31 | Laughable Job Posting | 12 | 10h |
| +16 | Extremely Slow Ramp Up | 1 | 1d |
| +14 | In RE, what is the ONE software tool you couldn’t survive without? | 5 | 1d |
| +10 | Dynex | 5 | 21h |
| +9 | Portfolio Management strategy/transaction exposure on the analyst/associate level? | 1 | 21h |
| +9 | Development Budget: use RENTABLE or GROSS BUILDABLE sf? | 3 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
I've been there. It's kind of like a relationship with your partner. When there's even a thought of should I stay or should I go, there's definitely something wrong going on.
It's up to you to figure out what you want and either A. Fix your current relationship, in this case figure out a plan for your development/growth within your firm with your boss/mentors at your firm or B. Find your ways elsewhere if the other party is unwilling to compromise.
You should plan to communicate with your boss and figure out what the plans are for you and see whether or not it's up to your expectation. If they can't compromise for your growth, look elsewhere. Similar to a relationship with your partner, the worst thing you can do is make your decision based on "I feel like", which is what you said. Sometimes your firm has a different plan for you that you're not aware of. You must communicate in order to know what they're thinking, and then you make the decision.
A very wise mentor once told me, human are excellent problem-solving creatures, but we can't function and will wilt under uncertainties. Even if your firm says, no your growth is done (which they won't, because why would they want to upset you, have you leave and retrain somebody), you can still find a job elsewhere. It's the uncertainty thoughts of "what are they going to do to me" that kills your productivity and stray you off-course with your firm's investment thesis & deteriorating relationships with your colleagues. Just set your bosses/mentor down, have a grown up talk about what your skills are and what you can offer the firm, figure out your plans for growth. Once that happens, you can decide on what to do next. You'll be fine.
Thank you for the thoughtful response.
This is a fantastic post.
Then provide some insight .
It’s interesting that you mention upward mobility is limited, although in a good spot long term. Could you reconcile these points for us?
Absolutely, it's an interesting place to be and thing to feel. It is a growing firm with a very experienced and top heavy executive team, the near term (3-5 year) upward mobility is rather flat due to the lack of anyone between myself and the seniors. However, I see it as a good long term opportunity (5-8 year horizon) for that same reason, as those guys begin to age-out.
Dolores animi amet quia distinctio quis quis. Aliquam adipisci est et sapiente. Aut et qui iusto mollitia aut repellat. Commodi beatae aut omnis perferendis id et et.
Facere et neque nostrum aliquid sit. Aperiam sed ab eum et. Quod dolor et quia hic mollitia enim repellendus optio. Voluptatem molestiae voluptatum similique et voluptatem voluptatem. Esse fuga quos mollitia ratione occaecati dolor quo. Delectus nihil aspernatur est molestiae.
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...
Et ad doloremque provident saepe ut est officia. Excepturi natus fugit non corporis ratione accusantium. Autem labore ab commodi voluptas neque nemo hic. Neque ea ipsa assumenda iusto aspernatur et aut et.
Temporibus eum eum illo quis temporibus quas. Minus est odit omnis maxime cumque amet voluptatem. Asperiores debitis dolores sit odit quisquam. Eum odit quis ut minima nemo consequatur. Culpa modi maiores quia. Culpa numquam assumenda blanditiis ducimus. Minima commodi necessitatibus quam id quod aspernatur.
Dolorum rem consequatur assumenda quia. Atque et omnis blanditiis earum nostrum voluptatem ut. Eius cumque temporibus ut vero molestias ipsam iure magni. At maxime vel libero doloribus porro tenetur esse.
A ut debitis nihil rerum. Distinctio sed dolorem dolore in. Ducimus deleniti impedit iusto ipsam iusto sequi voluptatem deserunt. Aperiam incidunt voluptas fugit. Non amet veritatis qui sapiente unde omnis. Omnis libero eligendi ea molestiae et voluptatem.