I just don't know how you guys do it. Finance sucks and is totally devoid of meaning and impact. I have been out of work for about a year now, and I just can't bring myself to interview or network. People ask me "So what's next? What do you want to do?" And I just can't bring myself to verbalize any interest in finance at all.
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Why is it so bad? asking for some help here because I wanna do finance
What do you see yourself doing besides finance? That might be a good starting point!
Most people do it because they like the lifestyle that comes with the money. Fewer do it because they really love the work.
If neither the work or the money get you hard, then stop thinking about finance and try new things.
I felt the exact same when I was in PE and IB. Ultimately I made the decision to bail on PE, logic being it's arguably the most interesting and high-impact work you can be doing in finance. If that doesn't get you interested, nothing in the field will.
I still work for a bank, but I've found myself in a position that requires far, far fewer hours of me and still pays me enough for me to save money and fund my hobbies and interests. If you want to stay in the field, you just are going to need to nurture your interests outside your job.
Sorry for title (I'm an asso 1 in PE). Curious what you moved to. I am absolutely hating my job in PE. Has sucked the life out of me in less than a year and want to move to something lighter on stress / hours, but with enough comp to maintain a somewhat comfy lifestyle (obv willing to take a cut). When you were in PE, what options were you considering (besides what you're doing now)?
Venture capital is good pay and can be 9-5 (or better...) and is relatively fun / low stress because deals are not banked (if you like investing but not PE lifestyle)
I work in internal strategy for a BB. Basically like a consulting function for strategic initiatives.
To be honest this job sort of fell into my lap while I was considering alternatives in PE through connections. I thought I’d have to take a much larger pay cut, but right now I’m compensated like a PE associate and there probably isn’t a huge amount of upside, but I’m fine with that.
If this hadn’t come to fruition when it did, was considering various other strategy / operations roles at F500’s. Those jobs would have been a much larger pay cut for sure.
What kinds of operational and strategy roles were you looking at? What did you search for?
Also curious here on where you want and what options you considered. In IB and after dipping toes into PE recruitment and networking with current professionals, I just know I’m going to want our after a year if not sooner.
Don’t know where to go next. I don’t want to lose my monthly take home pay at the very least. Increasingly thinking about commercial banking or something that lets me work with and see companies but not need to commit my life to it. I’ve got other interests outside of work I’d like to pursue and I’m not getting any younger.
Direct lending seems like a path with good progression and compensation but overall lighter hours that enables pursuit of entrepreneurship and more regular hobbies but ultimately don’t know.
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