What Almost Made You Quit?

RoyDalio's picture
Rank: Senior Baboon | 241

What's the closest you have come to reaching your breaking point, where you considered changing jobs/careers? Was it the result of a particular moment or built-up exhaustion/frustration?

In other words, what's the worst experience you've ever had on the job?

How did you move through/rebound from this experience? Did you change jobs, or just bite the bullet?

Comments (42)

Sep 17, 2019

I considered leaving this site when they banned my first 3 accounts lmao

    • 17
Sep 19, 2019

A rare gem from you. +1

Sep 17, 2019

Why's your name and picture Ray Dalio but you work in RE?

    • 1
Funniest
Sep 17, 2019

Ray Dalio works in hf but ROY Dalio works in RE

    • 24
Sep 17, 2019

+1 banana

Sep 18, 2019

Joe Montannnyaaa was a quarterback, idiot

    • 1
Sep 18, 2019

I said Joe Mantegna.

There's no nobility in poverty.

    • 1
  • Associate 2 in CorpDev
Sep 17, 2019

What almost made me quit? Pulled 100+ hour weeks for 5 months straight on a deal - those hours were real working hours, I.e. no waiting around etc. mainly due to poor internal management, MD being clueless and causing a lot of redundant work (was insistent on various things and even after client set him straight on multiple occasions he blamed his subordinates). Deal gets put in cold storage in the end.

Waitta minute, come to think of it, I Actually did quit...

    • 16
  • Intern in IB - Gen
Sep 23, 2019

Which bank was this?

    • 1
  • Intern in CorpFin
Sep 18, 2019

When I was a summer intern at a NYC boutique and the analyst decided to pull a prank on me and made me stay past 3 am for work that he was "just kidding about".

    • 4
  • Intern in RE - Comm
Sep 18, 2019

I would've strangled him right then and there.

Sep 18, 2019
Intern in Real Estate - Commercial :

I would've strangled him right then and there.

Would you punch him in the face while he's on the treadmill? Asking for a friend.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

    • 3
Sep 19, 2019

Jokes on him-

He could have asked you to do actual work that he needed done, and then just lied to you that it was fake work so you'd be pissed.

    • 1
Sep 18, 2019

3 months into my analyst sting - pulling consistent 40 hour weekends.

**note: there's 48 hours in a weekend.

echo the above - unnecessary work and calls.

    • 1
  • Senior Consultant in RE - Comm
Sep 18, 2019

https://66.media.tumblr.com/f4bbf334202d8c504d5a3fbf187b221c/tumblr_pdsk927SDR1tad247o2_500.gif

    • 9
Sep 23, 2019

Initially read this as 40 hour weeks ..

Array

Sep 18, 2019

Had a brutal Director that would pull me into his office 3-4 times a week for ~30 min to yell at me and tell me how terrible my work was (intern could do better job, threaten to bring up in review and influence bonus). Didn't matter if I tucked my tail, pushed back, created great or terrible work - his response was always the same. I just bit my tongue and waited out the horrible storm until bonus season - ended up transferring to much better team internally, and that a**hole Director got let go. Learned from him how to NOT treat subordinates.

    • 4
Sep 19, 2019

i agree that's horrible... but that shouldn't be a lesson he taught you

by that i mean it should be common fucking sense not to treat subordinates that way

Most Helpful
Sep 18, 2019

Regional LevFin at a BB, quit after 18 months of not getting in front of a client. Dealt mostly with smaller MM companies, where the commercial banking team always insisted on having an army of bankers at every meeting.

We had a hot girl in my analyst class and the MDs always took her to meetings, even when she wasn't staffed on that particular deal - she was the selling point/eye candy for these guys. I get it, I just wasn't happy about it. I got top bucket my first year and made it very clear to my staffer and resource manager I wanted to go to a client meeting. 18 months rolled around, I put in my two weeks' notice and left

    • 6
Sep 20, 2019

That's absolute ass. Sorry to hear that dude.

Sep 21, 2019

Damn 18 months without client exposure would drive anyone mad. Hopefully you leveraged the brand / role well though - where did you end up mate?

Sep 23, 2019

Deleted.

  • Prospect in Other
Sep 23, 2019

Why is it a bad thing?

Sep 18, 2019

Worked through a period of several years where my scope of activities was far outside the norm for the role on a lean platform (e.g. doing the job of 3 different groups at a larger shop) without recognition in title / compensation in spite of advocating for myself with the appropriate decision makers (their hands were tied). Was ready to move on when the platform came through unexpectedly.

Sep 18, 2019

Was offered a 3% raise. I threatened to leave and got a 23% raise and promotion instead. Sometimes you have to speak up. Then again, I am not in IB anymore so I wasn't just seen as totally expendable.

Sep 19, 2019

Promoted to senior Analyst? I find it hard to believe they found 20% out of nowhere

Sep 21, 2019

I came from banking with 3 years of experience. I was told at the start I would be promoted to Associate in a year. My boss seemed to forget about that and wanted to make it two years, so I had a conversation with him to remind him of that discussion. In a sense I was just getting what was originally promised. I also pointed out that I turned down an unsolicited Associate offer to return to IB for significantly more money. I am still making slightly less all-in than I did as a 3rd year IB analyst.

The fact that my title was "analyst" to begin with kind of irked me, but the job is the same before and after, reporting to our regional CIO.

  • Analyst 1 in HF - Other
Sep 18, 2019

Had a boss say "I know 50% of the first-year analysts will quit within their first year, so I'm preparing for that".

Sep 18, 2019

Just tired of being tired

Sep 19, 2019

two of my co workers were fired for spending $800 each at a strip club. I knew right then - i didn't want to work at a firm that called into question a $800 tab. I left months later

    • 8
Sep 20, 2019

lol

Sep 19, 2019

2 days in a row round-trip 7am to 11pm flights while driving around in a car each day looking at properties while being forced to go to shitty restaurants for meals. My boss is a strange individual who refuses to stay in hotels while flying round trip across the country in a single day and only wants to eat awful food like Arby's.

  • Analyst 2 in IB-M&A
Sep 20, 2019

Similar to other stories here, had a terrible MD that would criticize everything that I did and made pitch preparation meetings / CIM review / ANY work review brutal. He would say things like "Show me what you have and you'll either live or die based on your analysi (um wut)", then proceed to shit on my work. Almost never received any positive feedback and he generally was unfriendly to junior staff. Personally, from working in banking for a close to a decade and at different firms, in hindsight I noticed that he was a very hands-off MD that would bring in a deal and expect the junior staff to just run with it. The thing about his practice too was that he had a knack for pitching for ANY company (i.e. large, small, consumer, healthcare, golden goose, straight up dogshit, which most of the time ended up being dogshit), so as an analyst you really felt that you weren't gaining any expertise and most processes felt very dysfunctional. I'd say almost a majority of the deals didn't make it to close, which just made the whole experience of working there terrible.

Ended up leaving after just a few months and lateraling to a much better bank. My takeaway from the experience is that if things feel dysfunctional and the people around you seem almost terrified of their superiors, leave ASAP.

    • 3
Sep 20, 2019

Was stuck doing due diligence on a fertilizer company in Phoenix during the summer. At that point I was seriously rethinking what awful sequence of events led to be being in that particular situation.

Sep 23, 2019

Sounds like you were some pretty hot shit....

Sep 20, 2019

Worked at a fund where the CEO believed, as a trader, he could best "prepare" you by putting you under as much stress and pressure as possible, whether or not it was strictly necessary: his rationale was that if you could survive him, you could survive the market.

Anyway, I'm on desk one day and we're into the post-lunch lull. I'm tidying the book's risk - the guy hated if you weren't always doing something to allegedly improve or learn - when all of a sudden he turns and screams at me: "WHAT EXACTLY ARE YOU DOING RIGHT NOW!? ARE YOU SURE? GO ON, THEN - F*CKING DO IT! DO IT NOW, DO IT NOW, DO IT NOWWW!"

He'd pulled this kind of trick before, so it was nothing new, however by this point my patience with him and how he ran his company was paper thin. I more or less ignored him, finished the task at hand, and then sat there stewing for the rest of the day, an absolutely apoplectic rage building in my gut. I generally like to think of myself as a pretty measured guy, however this was by far and away the angriest I've ever been in my entire life - it was raw and potent, and this was the straw that broke the camel's back.

I was so immediately pssed off as soon as he started trying this sht that day that something flipped in me - I came dangerously close to standing up, stomping over to him, and lamping him as hard as I fcking could right across his dumb fcking face. In fact, I told him as much after work that day: once we'd finished on desk, I asked for quiet word and we went into a meeting room. I told him that while I understood what he was trying to do, I vehemently disagreed with his rationale - what's more, if he ever spoke to me like that again, I would indeed straight-up punch the c*nt.

He kind of laughed it off, however realised he'd pushed me too close to the edge - he never tried that sh*t again with me. That said, by this point I'd lost any semblance of respect I had for the guy and knew I wanted to go elsewhere. I quit a few months later.

    • 4
Sep 21, 2019

back stabbing bullpen of cut throat analysts and supervisors that couldn't delegate nor manage their workforce.

crying

What concert costs 45 cents? 50 Cent feat. Nickelback.

Sep 30, 2019

Analysts back stabbing other analysts sounds like one of the most miserable parts of IB culture. Very grateful I didn't experience that.

Sep 21, 2019
Comment
Sep 23, 2019