Hi everyone! I could use some career guidance. I'm currently 32 years old and I have held a career in Big 4 Consulting. I am currently a manager and there is career growth for me to become a senior manager, and eventually a partner in the firm. However, as I grow in this career path, there will be longer hours and added stress. I'm trying to figure out what would be the next best step for me. I'm concerned that I won't ever find another career that would pay as well as this current job does (bas

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Traditionally you would go backpacking to find who you are. You may have skipped a step.

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This is something that a lot of people fear, not knowing what’s next. For me, I started buying properties in 2019 and currently have 4. I’m 28 and next year the properties will generate 140K total with cashflow of about 45-50K. In 15-20 years they’ll all be paid off and still paying me - the plan is to purchase 1 property every year at minimum. My point is, building this up while working will give me the freedom to leave this rat race whenever I choose to. My current base salary is 170K so it’s easy to get approved for stuff - banks love steady income and good credit. It sounds like it’s time to start investing in something that can give you similar freedom, so that you can spend more time with family or on hobbies instead of working later in your career.

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Seems you found your niche. Keep going. Esp new builds are nice. No capex to worry about. Many of my units were from 1960s and 70s. So
Have a ton of capex. But can’t complain when I bought for 50k and sold for 225 in 5 years hah.

But yeah I’m searching for next growing city. Places that are about 5 years to take next step. I’m willing to be in c class neighborhoods with growth prospects.

I’m leaving buying in Philly (my 41 units now) because it’s a blue city and it was a pain in the ass through pandemic. Still have a unit where tenant hasn’t been kicked out in 3 years. Gonna sue the city next.

I’m going to only red districts from now on as the judges are fair - not paying rent then you are evicted vs in Philly that drag their feet

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(base salary of $205K). A part of me would also like to bet on myself, and start my own business of some sort but I have no idea what I would do or what to start. If I continue down Big 4 Consulting, I feel like there would be less time to have work life balance, explore real estate opportunities, or be present with my friends and family. I also do want to start a family in the near future, and to be present for my future kiddos. If you're in consulting or some kind of demanding job, or you have been, where have you exited or what advice do you have? How did you navigate to figure out what you want? [sorry in advance for the LONG ramble]

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My brother became a university professor after being in the exact environment you described.

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Stanley Fish commented on this. It is true, from what I understand, and the pay is much lower.

Frankly you just have to reflect on what you want in life and prioritize it by investing time and effort. If making partner isn’t necessarily your goal, doing it just for the money will never bring you happiness. There is nothing wrong with slowing down career progression to try other things so you can figure things out. Maybe take an industry job for a couple of years, or transfer to an internal role. If you realize later that making partner is what you want, you can always get back at it.

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You can have same thing in consulting. You have to grow and add new skills overtime like management and delegation. Betting on yourself is probably harder, more risky. But def more rewarding. There are no easy paths to doing well. Either you stay where you are and be happy or keep growing and roll with the punches. Just make sure you list your priorities frequently and put them in order.

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It’s about deciding what kind of life you want. As you said the further you climb up the ladder the more they require of you which usually comes at the expense of time with your family, friends, loved ones etc Is the extra money more valuable than the time you get with the people you care about?

No idea what OPs actual skillset is (tech? Industry?), but yes, higher earning generally do require more work.

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