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It seems like being a 24yo SWE is the easiest high paying job to me.
10 years ago it was easier. Now, if you aren’t the top 3% of Computer Science majors, good luck getting a “high paying” “easy” SWE job.
People that say being a partner is easy have never been a partner. The stress is extreme, and if you don't continue to deliver, you're out. There is a good reason why the retirement age is lower as a partner. This role burns people out.
How many people make it to partner ranks in a good firm? Very few
And how many get managed out even after making partner? More than a few
That should tell you it's not an easy job
D1 - yes really. I've moved my family at the firm's request and moved into areas outside of my wheelhouse to 'take one for the firm', even though what I was previously doing was lucrative. Once leadership changed, all of the assurances about 'doing something for the good of the firm not negatively impacting me' went out the window. The reality is it is 'what have you done for me lately' when you have new leaders, and my firm has had a lot of executive level turnover in my 20+ years as a partner, especially in the last 10 or so.
It’s true but You have to qualify the “easiest” correctly. It doesn’t mean the work is very easy day to day and getting to partner doesn’t require skill and effort.
But companies to other paths to make big money (to be clear - not huge money like investment banking or founder of successful startup or large fortune 50 CEO), the probably of success is much higher as a partner at consulting firm. $1m-$4m is quite achievable by putting in hard work and being reasonably skilled in client/people management and business development. Also the risk of getting fired as an executive and the risk of not making it as a startup is much higher than a partner at consulting firm.
Hope this helps put it in perspective.
Agreed. I would always tell people that in consulting everyone can be a partner. All they have to do is grow a book of business necessary to support one more. There is only “one” boss in industry and for you to get that role, your boss has to leave.
Coach
Who even says that????!!!
I have never once in my life heard that. Being a partner seems like one of the highest stress careers
It’s really not terrible if you have good senior managers. You have to do most of the BD and handle the problems. You rarely hear the words thank you, but Don Draper taught us that the money is the thank you…
I would think easy is relative to how good you are at and if you enjoy it. I would think it’s easier to be a top sales person selling an Enterprise level product (ex. Enterprise SaaS) than selling an intangible service. Being a partner also gives you the ability of business ownership but not as much control which can be tough for folks to come to grips with.
I think you have to ask this by looking at direct alternatives to consulting, being a SWE probably comps better but most people at partner level can’t just switch to be a SWE. Unless that’s your specialty.
PwC 2
You’re confusing “easiest way for me to make 7 figures” with “easy job”
My partners don’t do shit, Accenture is filled with people who turn into coasters after they make MD…
It wasn't quite that many, but I agree with the sentiment.