{ "media_type": "text", "post_content": "Left consulting before partner. \n\nCurious - is partner the end goal OR is partner what happens when you get stuck and cant go elsewhere", "post_id": "61060ded63a1d600202b0f61", "reply_count": 45, "vote_count": 10, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

Left consulting before partner. Curious - is partner the end goal OR is partner what happens when you get stuck and cant go elsewhere

likefunny
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I was a partner in a boutique firm and had been a big4 senior manager. I could go back as a direct admit and the money is great, but the travel, hours, politics, and work itself is just a grind. I make about 70% of what I could today and that will grow to be at 50% of what I would be as a partner over the next 2-3 years. With promos, my current upside is higher but there is also more competition and it is stiffer, along with fewer slots. If you are talented and capable in consulting and willing to put in the time, building wealth is more of a sure thing.

I am surprised by all the negative comments about being a Partner. I feel extremely fortunate for this career choice. I have C-Suite industry experience also, so I have a great vantage point. Both industry snd Partnership can make great money, no question. My industry stock options paid off nicely after some time, but I know many that did not. I will make over $2M this year, so no complaints. The retirement/pension is fantastic and will be wonderful when the time comes. You have a lot more control over your life and your schedule with a partner route. I’ve been able to schedule around almost all of my kids and life events. My kids were in competitions that took us all over the country and I was able to be at almost every major event. I never could’ve done that if I stayed in industry. You also get a much greater choice of who you work with and what you do in Consulting. I work with a much more motivated and interesting group of people in consulting than I ever saw in industry. I suspect most of the people saying negative things about the partner career have not experienced it for themselves. I am very thankful I was given this opportunity for me and my family.

likehelpful

Thank you boss!

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Partner is what happens when you realize you can get partner. These people can bring in 700k-1m+ easy in a given year .. not many places giving that out outside of prof svcs

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A1 just bodied VP

Partner is the crazy and elusive promise that traps people in abuse and overwork that one day they’ll be free with massive financial rewards. It’s like the compulsive gamblers who buy lotto tickets hoping it will change their lives or the college athlete who believes they’ll reach Lebron James level success.

likefunny

In consulting you’re always an associate to someone… so a Partner is just a really well-paid associate.

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You’re joking right? MDP is the best job ever. I work 50h per week, sell only what I want and paid my house off in the first 18 months. Sounds like you’re projecting mate. Don’t be a hater.

likesmart

MDP what service line are you a partner of and what’s your comp like? If you don’t mind

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What does partners even do day to day?

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It gets a lot worse. Sales credit is one area that can get really contentious. Sales leadership is generally cut and dry so I was getting my credit regardless but then more senior partners who may not have contributed anything material, especially if they are having a bad year will want to add their name to the sale to get some credit and add to their quota. So as a new partner especially, these are the people that will decide your rating and ultimately your comp as well as approve other positions. If you have air cover from another senior partner it’s easier to manage but it often gets contentious and if that partner has allies, they’ll weigh in as well. This can also manifest in other areas mainly staffing. I had developed my team starting from manager so I had senior managers, managers, all the way down to consultant and senior consultant that I trained, coached, and helped move up. So taking a key person off my engagement “to help with a pursuit” that we know is a low likelihood win is one form of retaliation and the is especially true with managers and senior consultants that are performing at next level, because they are great for margin. Those are some things I don’t miss. You get used to it and you decide to roll over or you piss people off which may limit other opportunities. I knew I wanted to continue in sales and delivery so I was fine pissing people off, but the churn of calls and paternalistic coaching is exhausting and time consuming.

likehelpfulsmart

There are 7 levels for BCG MDP (Managing Director and Partner). Some are up or out. It will start all over again.

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Haha - that’s like complaining about being at the back of first class.

I do not envy my industry counterparts. And am very happy at Accenture in my role

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