Lean deal team. MD's go-to guy for menial/admin tasks. Good or bad?
As the title goes. My team only has 2 analysts, and I am usually the go-to person for some business management tasks and sometimes office admin work. I've noticed that my MD never goes to the other analyst, who has been with the team slightly longer than I have.
Is this good or bad for me?
You can react in whatever way, but I would say Good. Your MD trusts you to handle these tasks, no matter how menial, and you get some face time / exposure, which is good. I sometimes need to remind my Analysts (and Associates) that nothing is below our pay grade. We're here to serve our Clients and by extension, make the MDs' lives easier. If someone wants to pay me 6 figures to make copies or bind books sometimes, I'm cool with that.
This is the right attitude to have.
thanks both.
Nahh,
The only real time you can push back like that is when a large portion of your comp is for deals done for example (say you're an enterprise sales rep), or 1099 where you tell them to go f themselves.
Please just make sure you don't become siloed into doing those tasks. I have some friends who were so good at doing those menial and admin tasks flawlessly compared to those analysts that those tasks became their workstream on every deal even when they became second year analysts. Always make sure you're growing too. Remember though to do your best on this stuff so you can prove to your seniors that you can do these less important tasks so they can trust you on more important workstreams. That's the most important part.
Also, what the other person said, yes, nothing is below you. If you are the first year analyst, you are the bottom of the totem pole and will most likely get some tasks to do that will make you question what the heck you are doing with your life at 2am.
Thx. I get more projects on valuations and modeling than the other analyst who is here 2 months longer, so for now I will suppose I'm in a safe spot.
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