I think your friend is a play it safe type, which explains why he works for government.
Creative skills combined with drive/balls and a good enough intelligence level is WAY more valuable than another asian quant with no social skills and a 160 IQ.
One of my cousins is above average intelligence at best, was very much into sports, got into a rotation program at a big bank in NYC following his graduation, spent the whole time chasing tail, got a job offer in the least desirable dept at the time "corporate and municipal bonds", this was early 80s, he busted his ass and used his charisma, by 24 he was trading his own book and raking in clients, and then the bond market boomed and he became seriously rich...by his early 30s he bought a massive apt on park ave, was making charitable donations, has some sick cars, and was one of the youngest Managing Directors ever. He nailed an incredible stable of beautiful women for years, and then at 45 married a much younger model woman from a wealthy family.
Great guy.
One of my biggest regrets is that when I was working in NYC at 23 and sick of my job and saving money to move to Cali, he said to me that if I stuck it out for another 10 months until their recruitment cycle hit, he would basically get me a spot in his banks next class of trader trainees.
At the time, I still had this anti wall street attitude and thought I was going to be a great writer or photographer and didnt want to stay in NYC another 10 months.
If I had just kept my shit in order, and put up with a job I disliked for 8 or 10 years, I could have retired with big bucks.
Ah well.
Point is, revenue producers get the gold, excel monkeys get the steady stream of crumbs.
Creative skills combined with drive/balls and a good enough intelligence level is WAY more valuable than another asian quant with no social skills and a 160 IQ.
One of my cousins is above average intelligence at best, was very much into sports, got into a rotation program at a big bank in NYC following his graduation, spent the whole time chasing tail, got a job offer in the least desirable dept at the time "corporate and municipal bonds", this was early 80s, he busted his ass and used his charisma, by 24 he was trading his own book and raking in clients, and then the bond market boomed and he became seriously rich...by his early 30s he bought a massive apt on park ave, was making charitable donations, has some sick cars, and was one of the youngest Managing Directors ever. He nailed an incredible stable of beautiful women for years, and then at 45 married a much younger model woman from a wealthy family.
Great guy.
One of my biggest regrets is that when I was working in NYC at 23 and sick of my job and saving money to move to Cali, he said to me that if I stuck it out for another 10 months until their recruitment cycle hit, he would basically get me a spot in his banks next class of trader trainees.
At the time, I still had this anti wall street attitude and thought I was going to be a great writer or photographer and didnt want to stay in NYC another 10 months.
If I had just kept my shit in order, and put up with a job I disliked for 8 or 10 years, I could have retired with big bucks.
Ah well.
Point is, revenue producers get the gold, excel monkeys get the steady stream of crumbs.
Quote: (07-11-2011 01:30 PM)theIVth Wrote:
I have this constant argument with one of my friends and I try to tell him that the best sales rep at most companies usually make the most money within the company.
I was a marketing major, and Im in software sales for a pretty huge world renowned software company.
He thinks that finance people at most companies make all of the money. He thinks sales people are basically unnecessary, and for that reason they couldnt possibly make that much money. He feels that without the finance dept the company wouldnt even exist.
Of course he is a finance major and works for the govt.
I guess he doesnt think that pharmaceutical or medical equipment sales people make anything. Or that sales people at Exxon or major oil companies make anything. Or that guys that sale advertising space for CNN and other major networks make anything. I guess all of those companies are successful and profitable solely because of their great finance departments.
According to him, finance people make all of the money.
What do you think?