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re: 47 and burned out

Posted on 2/19/15 at 12:06 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 2/19/15 at 12:06 am to
There are a few reasons:

1) It raises the question of "will you do this again?". High level banking jobs take several months to get fully onboard. They don't want to hire someone who is going to leave in 3-4 years. It's bad enough they have to compete with other firms, but competing with awesome beaches in foreign countries is tough to manage.

2) the same reason I would never hire someone with a face tattoo. It's a chicken and egg scenario. Regardless of how bad the issue actually is, you chose to put yourself in it knowing the social stigma. It shows either very poor decision making or a rebellious attitude that does not work in the corporate world. I don't care how skilled you are, you're worthless if I can't trust you to not make terrible decisions.

3) you lose touch. Missing an entire year of deal flow means that you are way behind and could easily make some of the same mistakes that have recently occurred in your field. Even if you "keep up", it's not the same as being immersed in it.
Posted by Gorilla Ball
Member since Feb 2006
11867 posts
Posted on 2/19/15 at 12:42 am to
51, I enjoy my job, my boss is tolerable, I don't love my job but I understand where else can I go set my own hours and make the money that I make? I have been setting aside my 15% since I was 18 - so hopefully I don't croak the day after my retirement.
Posted by yellowfin
Coastal Bar
Member since May 2006
97805 posts
Posted on 2/19/15 at 6:28 am to
No red flag here but I've done it twice and know how much it can help.
Posted by iron banks
Destrehan
Member since Jul 2014
3790 posts
Posted on 2/19/15 at 6:48 am to
Burned out in your twenties, you got some real trouble ahead then A year off unemployed middle age could be red flags for a potential employer. Consider getting into a small business that interest you. One thing I always tell kids in HS or college is try to find something they feel passionate about to make a living in. Too many of my friends took jobs in their twenties to make a living and got stuck in them. They literally hate going to work but are trapped by life. Good luck figuring out the path to happiness.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15054 posts
Posted on 2/19/15 at 8:53 am to
quote:

TheHiddenFlask

On the one hand, I can't stand the attitude you're referencing here. On the other, it's 100% rational for "high-level" banking, where one of the primary job requirements is an eagerness to slam 80+ hour weeks on excel.

But it's that very attitude that leads to people like OP burning out at 47, so I'm not sure whether he even cares if he'd be able to get another "high-level" banking job again.
Posted by Big Scrub TX
Member since Dec 2013
33740 posts
Posted on 2/19/15 at 2:54 pm to
quote:

1) It raises the question of "will you do this again?". High level banking jobs take several months to get fully onboard. They don't want to hire someone who is going to leave in 3-4 years. It's bad enough they have to compete with other firms, but competing with awesome beaches in foreign countries is tough to manage.


He wasn't totally clear, but he might have been at his current employer for 16 years. Would you not place value on that sort of loyalty?

quote:


2) the same reason I would never hire someone with a face tattoo. It's a chicken and egg scenario. Regardless of how bad the issue actually is, you chose to put yourself in it knowing the social stigma. It shows either very poor decision making or a rebellious attitude that does not work in the corporate world. I don't care how skilled you are, you're worthless if I can't trust you to not make terrible decisions.


This seems ridiculous.

quote:


3) you lose touch. Missing an entire year of deal flow means that you are way behind and could easily make some of the same mistakes that have recently occurred in your field. Even if you "keep up", it's not the same as being immersed in it.


My impression is that he would not stay in banking.
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