The Proverbial "What's Next?" Post
Currently a 3rd-year Senior Analyst at a leading EB (think EVR/CV/PJT). My story is one that I am very proud of - immigrant, first-generation college student, grew up poor, went to a non-target state school (full-ride via scholarship), and broke into IB against all odds.
I worked my whole life to get to where I am today and now I just sit here and wonder - what's next? I've come to learn that I don't love banking. I can honestly say I did this for money and knew that from day one. I was a poor immigrant and was willing to work as hard as possible to get my family and myself out of poverty.
While I'm extremely blessed to have this dilemma and do not regret my 2 completed years in banking as it changed my life, I know that I don't want to be working this hard my whole life. Coming from a different culture (European), we strongly emphasize work-life balance and have very strong family bonds. But, I can't seem to find a career to exit to.
I, , crunching numbers, math, analysis, etc. I hate the "sales" part of the job - I hate making CIMs, I hate being told to "fluff" bullets or being told to make slides look "punchier". Most importantly, I hate working 18hr days and essentially being on call all weekend.
I worked my a** off my whole life to get a high-paying job so I can escape the 9-5 rat race and obtain financial freedom, and now I find myself wishing I had a 9-5. Is this normal? Has anyone found themselves in the same spot?
I guess wrapping up this stream of consciousness, my main question is where do I go from here? I'm not quite interested in PE/know the hours and culture will be just as bad or marginally better (and potentially worse). On the flip side, I'm riddled with the "golden handcuffs" syndrome and cannot imagine leaving a high-paying job that helped me and my family so much for a less-paying job. My parents worked 6 to 7 days a week and each held 2 jobs to take care of my siblings and me and provide us a foundation to succeed. Now, I would feel like I'm letting them down to leave a respectful, high-paying job in search of work-life balance.
What do you guys recommend? Open to advice, both in life and in my professional career. I enjoy Real Estate and was thinking of an Acquisitions type role, but am unsure of comp/WLB. Am also considering just starting my own business. Franchising a? I don't know... What other common exits are open to top IB candidates that still pay very well and have a good WLB? Sorry for the rant and appreciate the help.