วีดีโอ

We should call consulting what it is, which is contracting. We can keep usingvthe term consulting in the rare cases when companies need people with skills that they don't have.

I totally get where you're coming from. Relying just on flashcards can really limit your learning. Using Coachers made my Chinese studies way more dynamic and engaging. I kept improving even after taking a break!

Great video, Jacky! Very helpful to me as I have been struggling to find meaningful work after leaving consulting. I appreciate your perspective on tech and would say that we have many similarities in what we would find fulfilling.

How do you qualify the advice you provide to clients when you have quite literally no experience within the clients' industry?

thanks for your advice I am also learning mandarin can speak basic but not fluent when I was young I speak little cantonese but now I can’t totally speak cantonese， my father is also cantonese。

Amazing video. Thanks!

I run away from people with prestige and status...

here to learn chinese

For someone coming from a back office financial analysis background who is interesting in pivoting into consulting, do you have any recommendations on certifications, licenses, etc to help assist with the career pivot?

That’s funny. I’ve only ever heard “golden handcuffs” about working a state job. (NY) It used to offer great pension, 401K, standard work hours, etc. Its more like Silver or Bronze level offerings now. Oh well!

such a great video. it's like suddenly having a super smart mentor for 40 minutes. thank you for sharing!

eevee

i don't even get to try if I like it. I applied for like 5 years and never made the final cut.

Hahahaha love the video!!!! My ROI on YT is also so badddd haha I think if I ever calculated it I would be too depressed to ever upload another video again

Love the vid!

I know people with under 500 subs making 2k a month from youtube. not addsense but stuff like affiliate marketing or marketing your own products/services. Learn to market yourself and your personal brand. axample from myself. I am a freelance video editor, I might not have a channel with 500k subs but I manage to do pretty well on views on some channels. If I can prove that trough another youtube channel. for example making a video about How I edit viral videos, maybe the video only gets 1k views but the amount of potential high paying clients that can come from that will be worth so much more than 100k views from the wrong kind of audience. It's not a numbers game. It's a marketing game. if your good at it your going to win on youtube no matter what enybody is telling you!

60k views 400$ is really good, if you get around consistent 50k views and make a video a day thats a lot

You look like uncle roger ngl😂😂

Quit your job, I’ll take care of you

love the transparency and hearing your reflections!

Consulting is annoying

From my side in technical consulting: life is good if you're senior here. Since you're the only one who knows how things work you can say no easily, especially in Europe

How could you ever mix up Times New Roman and Arial?? 😮

For me the greatest source of anxiety was the constant pressure from inside the consulting company. The relative performance assessment - the laddering. The higher level colleagues you need to impress. Making the client happy was most often easy in comparison.

How might someone go into a strategies and ops role without going through consulting? Or is it extremely competitive without that experience? As someone applying to an MBA program and curious about consulting, I appreciate your perspective, especially explaining the negative side. Thanks for sharing.

38:12 Jacky, you're right - you thought joy would come from one way and it didn't - You'll find it again on every other thing, you will keep chasing it unless you find out the truth. Not saying to sound super preachy or anything but I genuinely found peace and LASTING joy from the Book of Mormon - and I've seen it help others beyond what they thought was possible - go to the source, it's phenomenal, every page, it's all phenomenal and no man wrote that book without the help of a Creator, it will touch your soul to it's very core and feel more right than any powerpoint you got "just right" - it's beyond human satisfaction. It's the joy and the love of God made manifest - seriously, give it a look, you won't regret it, I promise you that - you will find joy, true joy!

I’ve fallen out with a friend who went into consulting specifically over the psychological aspects you mentioned (pressure to grind, conventional success..etc). I went into the government/NFP world after graduation and the underlying differences in motivation/culture drove us apart.

Consulting should have never deviated from soemone who is an expert in their field to provide advise to a firm based on their expertise.

Worked for Deloitte. Awful. Worst company in the world, most partners were sociopaths

2:04 this is getting me really emotional. I’m glad I found your channel!! ❤❤❤❤

Consulting firms give advice on how to improve management, optimize processes...but can't resolve the issue with overworks of their own analysts??? How is that possible???

Great video, I want to break into Consulting and then one day jump into Tech. I'm hoping your videos will help me on my career journey!

Great video, thank you for sharing your experience.

Sounds like a lot of those tasks are good candidates to be replaced by automation or AI

My goodness. Dodged a bullet when I decided to leave the business world. Thanks for the info.

I’ve worked in the construction industry for principal tier one contractors and blue chip developers in project management roles. I gathered around 14 years of experience prior to moving into consultancy at the start of last year. I’ve actually enjoyed being in a position to advise clients and ensure I take an active role in securing multi million pound projects through competitive bidding. Moreover the ability to help people grow and working to reach their potential is a reward itself. I would however strongly advise anyone to gain solid and substantial experience in the industry so that you are subject matter expert in your field to advise clients prior to joining a consultancy firm.

Jesus, they have an entire vernacular of their own to describe the basics of a math/science undergraduate degree.

I spent 7 years in management consulting at a 2 notable firms before moving into banking. This video is the BEST representation of the industry I’ve seen and perfectly encapsulates my experience. I have no doubt my experience in consulting propelled my career. Very happy to have done it but glad I’ve moved on. Great video

The thing about consulting is you will learn to work, most work doesn't really make sense and it doesn't provide any value for your customers, but you learn to put in hours. The only time you do something impactful for a busines is basically when you fire a couple of people, because thats mostly the only option left because you simply do not know the inner workings of the company better than anyone at management does. On top you might get some knowledge how to approach topics and get structure into your work life. Do it max for 1-2 years, move to a company and actually work on projects and products. The thing with fancy name companies (McKiney, PwC, KPMG,..) is, they know that everyone wants to come to them for the prestige, so they can also simply use you as an extendable ressource. they are Gucci and you are a customer who pays way to much for a leather bag.

Tech consulting has kicked my ass. Coming up on year 3 and I have been interviewing for industry roles and I am blown away by how much I actually know. Like you said I work with so many bright minds I genuinely feel mediocre and not that they make me feel that way. My colleagues are the reason I am still there but the imposter syndrome hits hard still and I am battling if I should go another year and dive into some specialty to then go client side.

This sounds like school, and things I've learned throughout my career. What I noticed is when I talk to managers or directors with a consulting background, they always have very surface level insights, but have no connection to the feelings or products passionate bottom line customers feel. This ends up with products and service proposals sounding disconnected from the user needs. I think it foregoes the most important step: getting to know the way an industry works by operating in the industry's cogwheels

I was a consultant out of college. Crazy scam. What is a new grad going to be worth consulting on? Anyways I did software development consulting for Disney. It was weird. I barely did anything for 3 years. Got laid off eventually. I barely gained any skills during that time so getting my next role was like pulling teeth. Now I work my ass off at a startup for more $. Very lucky

When he says it's SINK OR SWIM. HE'S NOT LYING!!!!!

The problem with consulting is that the organizations and their consultants have no industry expertise into the field they are trying to guide the client into. In practice this means that you have to connected with people that actually know what they're doing or just outright bullshit your way into a commission. The client is usually happy because they can shift the blame when things go wrong in their own organization by saying that they did everything by the books, which in fairness they did. The societal impact of this bullshit career is very negative however and the lifestyle is not very good either.

Consulting is the WORST 😅

How would you recommend for someone that wants to break into consulting? Is it necessary to do an internship?

Im in the process of applying for EY. I dont actually want to be a consultant but as a new grad I kinda feel like beggers cant be choosers. If they want to hire me I will humble accept, get some experience and move to a new company in a year or two. Grind culture in consultant companies is definitely a worry of mine.

my company hired mcK consultants for some work. these folks came to our office and gave us a very fancy presentation, but the funny thing was, the content wasnt anything surprising. the presentation sure was dramatic xD

Really insightful video. I hit the 2-year mark last month in consulting. Every single one of your points clarified exactly what I’ve been thinking and trying to understand in the last few weeks - thank you! Think you explained my thoughts to me better than I have ever done

I want to have your babies