Discussion
Hi all
As most students do, i'm in the process of looking at future careers.
I've got a couple of current (iow... likely to change) ideas:
1) Investment Banking or something that pays well but is very long hours. Also the money is a bigger attraction than the actual work. (starting salary around £35k)
2) A lesser paid job but something I think i would enjoy and the hours are less. (starting salary around £21k) Then i can spend my free time how i please, maybe starting up a second personal business to build up and that could finance toys (read cars).
Anyone else been in a similar position and has any advice?
What are your views on work: an income or enjoyable too?
Thanks for any pointers,
Andy
>>> Edited by rico on Tuesday 25th November 18:56
As most students do, i'm in the process of looking at future careers.
I've got a couple of current (iow... likely to change) ideas:
1) Investment Banking or something that pays well but is very long hours. Also the money is a bigger attraction than the actual work. (starting salary around £35k)
2) A lesser paid job but something I think i would enjoy and the hours are less. (starting salary around £21k) Then i can spend my free time how i please, maybe starting up a second personal business to build up and that could finance toys (read cars).
Anyone else been in a similar position and has any advice?
What are your views on work: an income or enjoyable too?
Thanks for any pointers,
Andy
>>> Edited by rico on Tuesday 25th November 18:56
A lot of people believe that if you do what you love and you do it well then the money will follow.
As for investment banking, I'd only move into it if you have a genuine interest in finance, numbers etc. I know quite a few and it's very very hard work and from what I understand very dog eat dog.
As an investment banker once said "Investment bankers make a lot, but not as much as the business owners they work for"
I personally work a boring full time job and use all my spare time working on my own projects/ideas.
>> Edited by Hates_ on Thursday 27th November 15:06
As for investment banking, I'd only move into it if you have a genuine interest in finance, numbers etc. I know quite a few and it's very very hard work and from what I understand very dog eat dog.
As an investment banker once said "Investment bankers make a lot, but not as much as the business owners they work for"
I personally work a boring full time job and use all my spare time working on my own projects/ideas.
>> Edited by Hates_ on Thursday 27th November 15:06
Hates_ said:
I personally work a boring full time job and use all my spare time working on my own projects/ideas.
Ultimately i'd like to be my own boss but i know i need a fair few years experience and income before i can consider setting up by myself.
I've always thought that if you're working for someone you're not earning what you deserve.
Oh well, another 18 months to decide!
rico said:Yeah, experience is worth its weight in gold. Sadly the company I currently work for is run by three people who all together have NO experience of working in a company let alone running one. This has lead to some very twisted views on how to treat staff, what to expect from them and ultimatly how to run a business. Lets just say we're swimming in debt, made one sale in 18 months and yet spend money like it's going out of fashion. Who said the dot-com attitude was dead!!!
Ultimately i'd like to be my own boss but i know i need a fair few years experience and income before i can consider setting up by myself.
I've always thought that if you're working for someone you're not earning what you deserve.
Oh well, another 18 months to decide!
Thing to remember is not to be afraid to take a risk
We're all young and if you're going to screw up, now is the time to do it!!! :PDon't confuse "Standard of Living" with "Quality of Life" - many do and IMO it's a mistake.
You spend most of your life working so you need to enjoy what you do to earn your money, not just the money.
I know several people who plumped for the high-income route and now, in their mid-to late 30's, they all admit to being lonely, bored and lacking in ambition.
If you enjoy what you do, there's a better chance you'll be better at it and thus a better chance of earning more in the long run anyway.
Good luck!
You spend most of your life working so you need to enjoy what you do to earn your money, not just the money.
I know several people who plumped for the high-income route and now, in their mid-to late 30's, they all admit to being lonely, bored and lacking in ambition.
If you enjoy what you do, there's a better chance you'll be better at it and thus a better chance of earning more in the long run anyway.
Good luck!
My twopennuth....
Get the job in the city. If you enjoy the work and the rewards then that's great.
If you aren't fully happy keep taking the money until you work out exactly what you want to do.
If you want to set up in business it always helps to have a lot of cash behind you and understand financing and money.
Get the job in the city. If you enjoy the work and the rewards then that's great.
If you aren't fully happy keep taking the money until you work out exactly what you want to do.
If you want to set up in business it always helps to have a lot of cash behind you and understand financing and money.
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