วีดีโอ

any example of boutique firms ?

This is a good summary. I think it is better to have concrete technical skills than the Project/Product/Program management, generic people management skills. After all, the technical solutions are what sell projects. That's where most of the differentiation is between firms for non strategy projects. Also, with the year of efficiency at Facebook, lots of these PMO type roles are getting eliminated. Better to actually be able to implement the solution hands on rather than just be a people manager, RAID log keeper and status updater.

“Forgive the American accent” *starts talking normally*

I want to be a consultant. And it is just because I love it.

Joined the #5 firm (RSM) at age 54 after a 15 minute interview. Been there six years. Plan to retire there.

Love your videos !!! and quality is OMG

I read the book "The Big Con" and it made me wonder how overvalued projects from The Big Four were.

Tyler Perry McMaster Erin Mortenson 😂

very informative and well-written video. Thank you !!

Please make more videos, you haven’t posted in months 🥲

What’s missing here is that those who stay longer have to align themselves to a client or practice area. Thus you have no choice but to be more invested in ensuring the strategy is implemented and sustained. That’s what drives long term relationships

all consulting firms are shit, my boyfriend worked for them all: its all about survival of the fittest and work it that best fit you!

Wow, watching your video I thought this channel was much bigger, this level of quality is amazing considering the size of your channel. I am currently in uni, and I’m considering consulting as a career option, but hearing all of these comments by former and current employees at large consulting firms makes me want to avoid it. But I guess investment banking, asset management, and other finance careers all require extremely long hours in the beginning of your career. From what I hear there isn’t another way.

Consultant for 4 years. Projects all have their own stressors you need to adapt to. Doubt I’ll leave but the stress is constant. Focus on keeping my head down and retiring early.

You referenced 'Empire of Pain' - well, you should should also read 'When McKinsey comes to Town' - eye opening to say the absolute very least.

How can you break in without a degree?

Good information but I am subscribing because your video layout was awesome lol. Keep it up bro

As a former Big4 Senior Data Scientist that was working for almost 3 years until the Tech Layoffs affected me because I was hired during the Pandemic year. I was affected by the long hours (52+) and the mental workload that came with it. I used to work all-nighters every Thursday night so I can complete my work by Friday. Until I received a promotion, I stopped doing that extra workload and they noticed and put me on the chopping block. I helped the firm earn more than 2 million dollars with just me and my manager and then they invested in more people after the second year. I felt like I actually did something after a system I labeled as critical became on the national news 3 months after I left the project. The stakeholders didn't want to hear that their data was suffering and they called themselves "the best in the industry" until that disaster occurred. I honestly wish I never joined consulting because it is all politics and I am now overqualified for jobs I want. I have so many interviews with FANG level companies, when I just want a normal 60k job now. I am looking for a regular position in the industry now but that is tough with the job market.

The quality of this video is incredibly interesting ❤

That is why you just pile up money while you are working in consulting firm. Then put some of them as capital to create a business or build up passive income streams or both. If the company is not good, I leave before my first year.

Second point that’s a little misleading is around the work. I think there’s a little bit of a bias since the interviewees all seem to be strategy centered consultants. There’s plenty of consulting work out there that is actual real delivery. Big system implementations, custom software development, etc… where you do “see” the impact of the work you do..

Though I agree with many of the points in the video. I disagree with the statement that you just get shipped off to some project one after another. I can’t speak for all firms, but I’ve found that I always get myself on projects that I want to be on. Granted I take charge of my career, be strategic about networking (when my current project is about to end) to get myself where I want to go but this has worked wonders in navigating a long consulting career.

This video is very accurate and I really want to highlight that you actually have more control over your own destiny than the video portrays. If you perform at a high level, you can by and large pick your staffing just by being on top of the list for those you want to work with again... and being willing to slightly weaponize incompetence for those you don't want to work with.

business ethics will not pay off your mortgage. thats all ill say

still MBB for me 🙂

The salary is way off… MBB is $130K out of undergrad, Big 4 is $80K on average

Too Good 💎 what would be some best books to read for becoming a consultant ? I am an mep hvac engineer in Aec construction industry working for air conditioning projects...

I guess it varies from person to person since some people thrive under pressure. I worked as a management consultant for 4 years before joining the full-time MBA program. Decided to do something different and got a summer internship within the corporate strategy team at a big Canadian bank. During my internship, I missed the constant hustle, continuous long working hours, working on the weekends, stress and urgency. This made me realize that I am not really a good fit for roles outside consulting and I declined my return offer. Recently joined the consulting firm and it feels like home.

Hmmm, the "best two years". Reminds me a bit of a Mormon mission.

I worked an MBB-level consulting firm and at a boutique. On balance, I was way happier at the boutique: the work was more interesting, the hours were better, and the culture more collegial / less toxic. The pay was a bit lower, but was still good, especially relative to the hours worked and the stress. More often than not, I was excited to come to work and work on a new project (the complete opposite of my experience at the MBB-level firm). The reasons I left the boutique were: 1) I wanted to leave consulting and figured I'd have better exit options coming from a more prestigious firm and 2) project volume was starting to slow (I spent too much time 'on the beach' between projects), which made me worried for my job security (as it turns out a bunch of people got laid off a few months after I left).

*Correction: I misspoke in the video, MBB firms have partners not shareholders. Thank you to @ster2600 for clarifying this

Phenomenal video, you have quite the way with words!

MBB firms' commitment to shareholders? McKinsey and Bain do not have shareholders; they are partnerships.

I'm not willing to sell my soul for a piece of paper. Big consulting firms are the quintessence of the worst things going on in society

Great video! Finally someone who take a critical approach to explain things and tell the story from both perspectives instead of being biased!

Boutique all the way baby!

They constantly sell work that doesn’t match the skills they have. No training just pushed into the deep end constantly and unsupported .

capitalism is cancerous

Great video mate !!

Incredibly useful video! As someone coming from a social sciences background and looking to take another MSc but this time around in Management to break into MBB, this was definitely super informative! Thank you 🙏🏼

This is a pretty damn good video bro. Thx

Cool video! It is very spicy at the beginning, and I wish there were a couple of jokes more further in the video, just to keep the experience uniform. Great content, though!

Really useful, and oddly entertaining. Thank you.

surprisingly good american accent

You are on fire!!! Love these videos!

Great video

I have made it 4 years now in consulting, and am now seriously contemplating leaving. The relentless pressure and expectations is making me miserable and making the people around me miserable. This video was very helpful and helped me find perspective. Thank you, you have a subscriber in me 😊

Nice one Will! Very interesting :)