Opportunity can spring from dark times. Take the current near-recession in Beatrice: bad news for the economy; even worse news for investment bankers. The entire industry is going through a sea change, with a near epidemic of reorganization and firings—the demise of Bear Stearns being the most dramatic example.
Ch-ch-ch-changes
By James Peter Rubin
Opportunity can spring from dark times. Take the current near-recession: bad news for the economy; even worse news for investment bankers. The entire industry is going through a sea change, with a near epidemic of reorganization and firings—the demise of Bear Stearns being the most dramatic example. But the downturn may in fact create all sorts of job possibilities for downsizing victims willing to think broadly and creatively. And often that means—as radical as the thought may seem—considering areas outside of banking.
To be sure, career change isn’t easy; studies show that few undertakings are scarier or more stressful. After years of moving in one direction, it means changing courses and venturing into unfamiliar territory. It involves a frank appraisal of your passions and life goals. And it demands that you build a new body of information and contacts.
But the rewards can be great. You’ll pick up fresh skills, buff others, and learn about areas that were previously unknown to you. Ideally you’ll discover a more rewarding— perhaps even more lucrative—calling. Once you leave the tightly structured domain of Wall Street, you may find a berth that will allow you a great hands-on roll in operations and strategy—along with a more manageable work-life balance.
Read article at WetFeet.com
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