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Chief
I say this as a happily married parent of young kids: the ambitions change. While I’ve reached level 2 (hard mode) of the corporate/consulting game, this just showed me that this is the beginning of this level. I’m now realizing that this game is like Tetris: there is no end. I’d rather focus my energies on my family vs. “giving my all” to the endless corporate game. This doesn’t mean that I’m not doing my best or slacking off at work, but it does mean that there will be certain boundaries that will preclude me from rising to the firm CEO level and I’ll continue here for retirement at my pace or switch to industry senior exec level to have more control over my time being client side.
Came here to say essentially this
It’s once you hit financial independence or have full time families which often happens in 40s
I’m really jealous
Rising Star
I stopped caring so much when I became an exec which happened at age 37 for me. It’s not about what I do anymore, it’s about my connections. Every job I had after that age, I got based on connections alone.
I left middle management for consulting 5 years ago. Not much has really changed other than me seeing my family more and actually helping people that need it.
Firm work in the MLM structure is mostly front end sales. The corporate world is filled with slave labor and theft/fraud. I would do anything but, going forward.
Do it for yourself. Nothing is guaranteed in the future. Don't get stuck doing nothing while you plan for it.
Change is always hard, till it's not. Just grind out some purpose in your later years.
Consult for yourself. Firm work is for pyramid schemes filled with junior consultants.
Chief
Aren’t most mid managers, partners ,MDs in their early or late 40s? This is a very weird post. And most CEOS, executives etc are late 40s and beyond? They are less ambitious?
It’s amusing to be me that posts here thinks that life kinda ends at 40. What a pessimistic thinking.
Chief
I’m still grinding hard as director at a nonprofit and loving it… M64. Do significant consulting on the side. Big hobbies and 4 grandkids. I understand what you mean to some degree because I’m also not part of the NYC MBB world. My point was that age 40 is kind of irrelevant.
Just hit 40 and I am just getting started (💰 🏃♂️ )
40 is nothing but a made up number. It could be 35 or 50 or 60. Not sure what you’re getting at. If I’m financially secure by a certain age but still have the drive to do something with my talent, I may drop off the corporate treadmill and do something else.
Or if I’m on a growth path, will continue to where I want to be.
If I haven’t gotten to where I need to be, even at 60, I’m likely to continue the grind wherever I can.
Age is unlikely to be the criteria - financial readiness, health and opportunities are likely to be the drivers.
Buffett is 95 and Munger was 99. I know somebody who was still consulting at 79 because he could and loved it and his skills were valued. I have another who’s >70 and still loves what he does. Both of them not for money (well past that milestone) - just enjoying what they do.
As you reach your 40s, the dream of rising the corporate ladder is a harder sell. HOWEVER, the hunger to grind is still there but you will likely want to do it on your own terms - as an independent consultant, small business owner. The ones who stay have complete line of sight to make Partner and they have the social capital to do so. If that was me, I might stay and grind.
For me personally, I'm hungrier than I was before for a different path, just not in corporate.
I resigned last month to quietly build my own empire.
Age isn’t the driver for me, it’s the stage of life. Kids, needing to rebuild my marriage, health challenges from prolonged stress and the self neglect that accompanied all of the above. There is only so much energy available and I have to use it strategically. I just can’t do the 60hr weeks, side of desk crap that I used to.
Chief
I got a masters degree in my mid 40's from an elite university and it catapulted my career.
Do share more A1
Yes
Harder, yes. Impossible, no.