Handling Stress / Burnout in Private Equity
This site has been tremendously beneficial for my life over the past 6-7 years. I started out as a freshman from a non-target that did not know anything, but through the help of WSO, I was able to eventually land an internship at a top BB. I worked hard and received a full-time offer. After graduation, I worked hard during my Analyst years and ranked top bucket both years after fortunately closing a few big deals. I started at a UMM PE firm after my 2 years in banking and I have been in my current role for over a year.
I feel very lucky to be in my current position given my background. I've landed the jobs that I dreamed of in college and I genuinely enjoy the work. My colleagues have been supportive both in banking and private equity and I've had positive relationships with most people in the office. The struggle that I'm having now is the non-stop transaction work in private equity. While I enjoy my job, I have not been able to take a day off in over a year given the active pipeline (especially during COVID-19).
Has anyone else experienced this slump of chronic tiredness / stress? I really enjoy my job, but it seems like life has gotten to a point where I've only thought about work for the past year. It's been difficult to have a normal life when I'm on calls from the moment I wake up to the moment I sleep. The only thing I do these days are participate in diligence calls, write investment memos, and model millions of investment scenarios. I can't imagine myself doing any other job, but it feels like there should be a better work life balance.
I've also noticed that good work gets rewarded with even more work. I know I've gotten a better experience than most of my peers in banking and in private equity, but it's a trade-off. I realize this is a positive for my career, but I can't help to think that there has to be a breaking point. I want to succeed in this career, but is this the only way to get ahead? For example, I realize my counterparts at other UMM PE / MF PE work hard as well, but did the people that make it to Partner / MD at a early age just grind their way to the top? It's not like I hate my job or anything like that since I actually enjoy thinking about investments and leading diligence processes, but I can't seem to find time for anything else in my life. Is this just a grind that everyone has to face to get to the top in this industry or am I just doing it wrong?