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Addt'l context about me:
- Exp hire with >3 YoE post-MBA at T3 firm (received promotion)
- MBA: T20 (Non M7/Non-target school)
- I am considering offers which require me trading titles DOWN in order to trade UP for T1/T2 firm.
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Is there still a KIK group of consulting gays?
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Lol just work hard. Invest. Retire early. No need to deal with these kinds of politics
This is a horrible post. You may work ‘harder’ but you being Asian doesn’t make you ‘Smarter.’ Book smart perhaps, but there are other ways of being smart to getting to successful. It’s not always about white/yellow people. It’s also about the things Asians generally don’t do well in. And if your skin color makes you so darned smart, how come you haven’t figured it out yet? Oh.. yeah.
I think Asians from Asia undervalue the importance of being liked, and if they don't undervalue it, then they have the obstacle of connecting with the Americans who would promote them.
@OP Ignore those other comments except for A1's. They're useless. If you're already working hard, but you're not getting the promotion, continuing to work hard is useless advice. What kind of consultant would tell their client that? Asians hit the bamboo ceiling, because many don't know how to advocate for themselves and to talk about their accomplishments and contributions. Working hard is one component to success, but, unless you're on a one-person team, that's not all there is to success, especially if you're working on a team.
@ey op Like most people I started out with an entry level position in consulting right after undergrad. I didn’t have any student debt luckily. But I chose to live with my parents and save up. After reaching my four year mark of working, I have saved up 250k and bought my first house. I am now almost at my 5th year mark and have around 80k saved up due to renting out the home and saving my own income. I’ve also been pouring all of it into stocks. And when the time is right I will buy another investment property. I also live in New York so the real estate market is strong here which is why I opt in for this kind of investment. And no, my family didn’t help with anything besides provide a free roof over my head. I keep a tight budget of $200 a month for food. And I don’t travel. All of this seems like sacrificing my youth to some people. But I rather build in my 20s to enjoy my 30s and 40s.
And I also understand the politics at work. Which is why I’m trying to gtfo as quickly as possible. I don’t see myself long term working nor being stressed out over work. I rather just live off passive income and do what I want.
@EY OP if truly equal in all aspects (including networking with the right people), then get the hell out. Don’t continue to give your talents to a company who doesn’t value you. If it were me, I would lay out a pitch on why I deserved promotion in a professional (non-emotional) manner but if they don’t hear or see you still, it’s time to leave for a place that will. Otherwise it will continue to happen time and again and you will grow bitter and resentful.
What you are describing won’t be overcome by working harder, Bc if they ever do grant you promotion, it will be way later than you’ve deserved. They will treat you like they expect you to be overly grateful when it comes way later than it should. Fight for yourself, and if they don’t actually help you with a path upwards, it’s time to bounce, mate.
BC we are Asians.
@M1 If we're talking about Asians not born in America, English education is a bigger part of a South Asian's life than it typically is for an East Asian, so that's a great competitive advantage for succeeding in America. As for East Asian Americans, I would probably buy the docility argument (those 1st Gen parents, man), but I've seen a pleasantly surprisingly rise in EAA advancement so maybe the tides are turning.
Totally Agree
Please share some investments and guide where we can earn 15 percent or more
Business to run ?
Just invest ?
I have just accumulated now 125k
It’s not just about working hard, promotion comes when you’ve demonstrated that you can bring on new clients and for that, you have to have some people skills. There’s an element of sales and relationship building that comes with promotions and most companies promote based on who can provide that. If you’ve been passed over for promotion, maybe look at where you can grow vs blaming it purely on the race card. If someone came to me with that attitude, fellow Asian or not, I wouldn’t promote them either.
There are professional nonprofit organizations like Ascend (ascendgw.com) that work to provide the resources to Asian Americans who need to work on the intangibles: leadership skills, navigating corporate politics, executive presence, etc.
Agree with VP1, if all things equal and you still get passed up, it’s not the company for you. We all need to value ourselves appropriately and not just sit and wait to be noticed. You need to stand up for yourself since no one else will
It does not matter how much skilled You are
Skin color discrimination in back of there minds
Your boss
Again some presentation skills and a way you approach to a Problem
We are smart and hard workers
And need to beat the battle
Just hard work does not matter
The smarter way of working matters
They are using asians as a commodity where they can not do things in time nor can achieve it
@Consultant 1 - I don’t want to retire early but want to be FI and have FU money. This will give me the confidence to take more risks at work. What are some ideas you have that are good side hustles to generate passive income / build wealth?
Indians (south Asians) do well and get promoted. Explain why they succeed and why we don’t. I don’t believe it’s system racism holding us back. Its our tendency to be overly agreeable and docile. I’m generalizing.
Since we believe our color and stereotypes hold us I always wonder why we do the same to other groups- specifically black people
@VP, Business Development 1 - let me rephrase and say that an EQUALLY qualified Asian compared to their American Counterpart. I am not talking about an Asian that keeps his/her heads down and cranks spreadsheets. I’m talking about a well rounded professional that has social skills, client relationships, management skills, etc.