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That the company doesn’t really love you. You need to earn more than you cost if you want to stay. Also politics is real, make sure the Machiavellian’s know you and feel a benefit from your existence. That will speed up your progression and keep you around in the bad times (like now).
If you just learned politics is real, you aren’t in the pipeline yet.
That toast is just toasted bread
The year up for admission is the victory lap but not guaranteed. Operating as a partner (while a director, senior manager) 3+ years before is what gets you there. Set expectations against this timeline. Then there’s a 5 year ramp up which is a slog.
You are not the boss of anything. You answer to everyone else including junior people and non-client servers. It’s exhausting and you can’t wait to get out.