What are the most common misconceptions non partners have about being a partner?

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Merging things together: I’d say lots of people have either unrealistically high or low expectations of what it means to be a partner: either that you’ll be surfing on clouds of money doing no work, or that your life will be miserable always at the mercy of crazy clients and the money won’t be worth it.

You will likely wind up still doing quite a lot of work, and at times you may have to work harder and bear more stress than ever before. You also have much broader control over your time, so on average you are likely to get more opportunities to relax and spend time with the people that matter most to you as well. But there may be occasions when you decide it’s worth it to do things like dial into calls from vacation, depending on the stakes. Those trade offs aren’t necessarily easy but they are yours to make, and if you plan ahead well you can often avoid setting up really hard choices for yourself.

And in the end, you’ll get paid very well, probably well enough to do many things on your bucket list even if you have expensive tastes, and still set your kids up well for success if you have them. But you’re unlikely to reach a point where you feel that “money is no object”, because you do work hard, take a lot of responsibility and make meaningful trade-offs to earn it.

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How easy the job is / how much money you get paid

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Very fair response. Can you provide a little context for those of us who do have that misconception?

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That we have no life or flexibility, spend no time with our family, and that life is miserable.

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