WHY I QUIT INVESTMENT BANKING - Leaving J.P. Morgan, Investment Banking Salary, Personal Reflections
ฝัง
- เผยแพร่เมื่อ 14 ก.ค. 2024
- In this video, I share why I quit investment banking and left J.P. Morgan. I spent a little less than 3 years at J.P. Morgan as an investment banking analyst. I speak about the investment banking lifestyle, provide detail into investment banking salary, and some of my personal reflections having left investment banking now for a few years. #investmentbanking #finance #jpmorgan
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⏱Timestamps⏱
0:00 - Introduction
0:17 - Why I Left Investment Banking
5:30 - Personal Reflections
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thought this would be cliche, but it was very personal and original. nice story, best of luck.
Thanks Eric haha appreciate it
Hahaha same. Subscribed.
Story
Thanks for sharing your story and the insights!
^^
你也有很多insights，话说你不也JP的吗
🥰抓到lin了
抓到了小lin奶茶店店主
@@yvonnema6202 抓到了小马铃薯hhhh
Seeing a trend lately where everyone’s leaving IB. I guess people realised $100K salary for 100 hours work is the same as $40k salary for 40 hours work
people have been leaving banking for decades now haha
You gotta consider the lifetime income, though. Yes, as an analyst the wage per hour is shit, but as you climb the ladder it pays off manyfolds
100 hours really?
Every Dollar saved is then invested and working for you for the rest of your life. There is a big difference between what you can save when earning $40k vs $100k
no.. it's really not
This is insane. I found one of your videos and been watching some of your others as well. My Dad passed away from ALS, insane how we both had this life-changing experience. Hope your youtube channel continues to grow, you have an avid supporter right here.
so sorry to hear that michael :/ ALS is truly the worst and wishing you all the best for your family
I just stumbled upon this while actually working a late night in a similar situation. I have been in this mindset for a bit now and it is nice to know I’m not the only one. Thank you for this, it is what I needed to hear in this moment!
This was a really heartfelt sharing. Thanks for sharing Ben!
no problem, thank you for watching!
I came here from Kchoi channel :)
Have to say your story really hit home for me. This past few months have really taught me the importance of spending quality time with your loved ones. Although I have also deviated from not thinking just about compensation as much but sometimes it does get to you especially when you live in expensive cities where just the cost of life is astronomical. Happy to hear you are following whats right for you too!
Yup it can be tough forsure especially living in one of those expensive cities. Glad to hear you've been spending more time with your loved ones and thank you for watching! Wish you all the best~
God bless you and God bless anyone reading this! Hope you have an awesome day! Seek him while you can! Jesus is the way and the only way and he is returning soon! Whenever you think you aren't loved... Remember the ultimate sacrifice was for love! ENDING YOUR LIFE IS NEVER THE ANSWER!
For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.
John 3:16 KJV
The wages of sin is death (hell) but Jesus paid our debt on the cross, for our salvation! We must turn to God and away from our sinful ways, Confess Jesus is Lord and believe with our hearts that he was risen from the dead by God, and we must be baptized in the name of the Father, the Son and The Holy Spirit and live by His word and Commandments! Trust that God will help with the rest!
Seek God today before it's too late! Today could be your last day on earth!
Have a blessed day!
-💯💯🚨🚨❤️❤️❤️
Sincerely love the personal brand you are building geared towards guiding others and providing value. You inspire me to want to start my own!
thank you and you should start one!
My dad was in banking in early 90’s. He left after so many of his colleagues became burnt out or worse hooked on drugs to keep going. Yes, it was 100+ hrs a week. He never regretted leaving.
Loved your story. A good Lifestyle is always better than than a higher salary. Rooting for you and I hope you achieve your dreams!!
Thank you! And nice user name haha
That's really nice of you to tell all of these personal things here! It was surely helpful picking your mind, thank you! All the best!
thank you sparsh, i appreciate the positive vibes!
Thank you Ben for sharing your personal stories! I am a class of 2015 Berkeley undergrad, now working as an executive for a public listed manufacturing company in China. I have always wanted to experience what it’s like working as an investment banker and your channel gives me the taste of it. Your videos are really clear in logic and genuine in contents. Anyways I appreciate your efforts sharing with us your experiences and stories. Best wishes to your mom,
Thanks for sharing your story, as a business school student i find this very inspiring! Wish you all the best in your future endeavors.
I just graduated from college 7 months ago and your insights about your career and life are quite helpful for me. Looking forward to your following videos~
thanks!
Thanks for sharing your reflection and wisdom from your personal experience with us Ben. Much love and respect to you and your family, God bless
Thanks Joe, appreciate it and hope you're doing well too!
I hope you know that you and this channel genuinely add value to our lives. Thank you.
As a fellow ex-investment banking analyst, I really appreciate the honestly in this video - it takes a lot to come out and talk about the challenges and struggles you faced while in banking. I think its so easy for people in high powered finance roles to be blinded by money and prestige, and lose sight of what truly matters in life. I admire you for taking a risk with the startup and choosing the path less traveled - thanks for sharing!
Thanks for sharing such a personal story. Your channel is amazing and you are such a humble person. I get nothing but good vibes from you man! God bless you!
Incredible! It’s really hard to take the risk and give up the incentive of money. I admire your mindset and courageous decision.
This is real stuff man. You opened your self to TH-cam, no bullshit, no bragging, just being brutaly honnest with yourself and the world, I really enjoyed this video. Keep going, your content is high grade 😉
thank you so much! really appreciate the positive vibes~
Quit the chakra already, Rindra!!!
It’s scary how I’m being recommended so many videos on people quitting investment banking when majority of the activities and classes I do in school is basically paving the IB pathway :’)
aha you may have clicked on one and YT is feeding them to you. I still believe IB is a great field and I have no regrets going through the experience
lmao same
Which faculty are you attending?
Investment
@@sri6567 don't do it. There are a lot of other finance related jobs. IB is just slavery for McDonalds wage per hour.
Very inspirational! Thank you very much for sharing this.
Hey Ben! Great video and reflection! Sorry to hear about your mother, I'm sure she is proud of you and your pursuits. Your video got me thinking of working on an idea on my own as it feels right. I wish you every success in your life
😂😂😂😂 “not set me back a lil bit, it set me back a lot” funny guy. I love watching him talk
Thanks for sharing your story dude, as a college student still trying to figure things out, this has been helpful 🙏🏾
Wow Ben, thank you for sharing this very personal experience.
I greatly appreciate your story. Thank you for sharing :)
Thank you for this brilliant video!! It really helps as I am currently a college junior and what you said about everything made me confirm my core beliefs and values in life.
Great video. I empathise with you since my mum went through mental problems during my studies in 2021. Love all your videos btw.
thanks for sharing. It is really a good story I should know before I turn in my resume to JPM
I’m glad your bringing you whole self to YT
Thank you Omair!
Thanks for sharing. I need to hear this to assure myself I was not a dumb to quit my glorious job.
Ben, thank you for this video. I find myself already waiting in angst to create a business of my own, but I lack the experience to do so. Your video put my head in the right place.
Glad it was helpful! best of luck to you simas
Thanks for sharing Ben! Diving into the corporate world and then business school, I often ask myself "what is the point of all of this?" It's cool to see you find things that you are passionate about and then chase after it.
Looking forward to following more of your journey!
Thanks Cathy appreciate it and best of luck with all the stuff you have going on!
There is no point to ANY of this. And that's what makes life beautiful.
This was incredibly insightful and really raw and honest. Thank You! Thinking of you and your family. :)
Thanks for Sharing Ben..!! Hope you had Great future a head..!! ❤️
Thank you for sharing your experiences. It is really helpful for us.
hey ben, thanks for sharing! i'm really sorry about your mom but i'm glad that she inspired you to start living the life you want now and take risks...i know starting a business is hard but hey, if it doesn't work out...you can always go back to investment banking...you're a good guy ben...i wish you the best and good luck out there! also, thanks for sharing the links to those books! i will definitely check them out...also, i really loved how you shared your personal story about how not having electricity motivated you financially...i think we all have a similar story to this and can relate...so again, thank you so much for sharing!
Thanks for the message! I appreciate your thoughts and wish you all the best :)
Greatly appreciate all the info. Thank you for sharing and I’m sorry to hear ab your mother
Your humility is so endearing! Great content😊😊
Surprisingly sincere sharing!
Composed, clear and well presented. You will be very successful with how you perceive the road. I am gonna share this video with my team.
thank you so much Jen!
Great video! It is the most honest video I have seen and I could relate as I have recently changed my career path from banking to recruitment at the age of 30+ where I could regret. It's tough but will not give up as it's really personal fulfilling and I guess everyone really need to take a risk to get the right fit.
thanks for the thoughtful comment Derrick. Wish you all the best in your journey!
This was beautiful. Congrats on your brave decision.
Hi Ben! Great and moving video! I can definitely empathize with how it's easy to just go through the motions and follow the beaten path. I’m so glad your video touches on the importance of taking a step back and re-evaluating where we spend our limited time! I guess as humans we are naturally inclined to be optimistic about the future.
At the expense of sounding super creepy, I also went to Cal (go Bears!) and met you at a networking event once. I just remember you being one of the kindest people I met there and making it less intimidating. Somehow kchoi’s video showed up in my recommended and I immediately recognized you and was so happy to see you had a channel of your own! I’ll be staying tuned to your future videos and I’m so glad you have this platform to reach and inspire more ppl 😊!
Hey Sophia, thanks so much for your comment! Glad our paths crossed again and hope you're doing well. Best of luck with whatever you are working on and thank you for watching :)
Thank you for sharing, brought a lot of insight. 🙏🏻
As a newbie in financial field, thanks for sharing the insights! Wish all the best!
Glad it was helpful!
This was an amazing video! New sub. Very top of the line content and I really support all your decisions. What are personal story you shared that is super meaningful and really puts things into perspective. Keep up the work! You are very humbling and genuine.
Appreciate the thoughtful comment! Sending you positive vibes as well
Hey Ben thanks for sharing your thoughts and experience. Great to hear your evolution of thought regarding life and career. Love you shirt too. Much blessings and good vibes 👍!
thank you james!
Thank you for such a genuine sharing, that’s very inspiring.
Thank you Georgina!
Sorry about your mom, and congratulations on following that little voice in your head. It's a brave move and thanks for sharing your story
Thank you so much!
Why don't you post on TH-cam anymore!??
Great video ! thank you for sharing your personal experience.
Great story! I’m currently job hunting for an opportunity to enter the investment banking and I have promised myself that I would only stay for 2-3 years for the money and experience. Eventually, i would still love to start my entrepreneur path. Thanks for sharing your insights! Keep grinding!
Thanks for sharing, one of the best videos I’ve ever seen
Wow, thanks!
I really enjoyed this video! So sorry about your mom man
thank you mark i appreciate it!
Thank you for sharing this very important thing to think about
I have alot of respect for your honesty :) thanks for sharing your journey
This is a really cool channel, Ben! I find your story very inspiring, and I'll be following your progress and journey. All the best!!
Thanks!
Thanks for sharing man, big ups and all the best 👍💪🏽
thank you ovie! really cool name btw
Your life journey is very moving and heart touching. U got a very good clarity of thought, which definitely leads to success. yeah there are many times, where a small thought keeps running in the back of the mind but we never peruse that. But at the end always regret that we should have perused it instead of having the dissatisfaction, that we didn't.
Thanks for your sharing , this is touching and take care of your Mom 💪
thank you ricky i appreicate it!
These insights really do help a lot
Loved the earnest reflection! Thanks man
Glad you liked it!
Thank you for your honesty. Be yourself and take care!
thanks you Piotr!
this is an amazing vid, love it!
Glad you enjoyed it!
great quality vid, as a young grad entering the industry i took a lot out of this
great to hear that jordan!
Thanks for sharing your experience. It was very helpful.
Thanks for sharing!
Thank you for sharing this! loved it
Glad you enjoyed it!
Thank you for sharing!! Very inspiring
Appreciate the message shared here, thank you
Thanks for watching!
I think your thought process is sound. Thanks for sharing
Thank you for sharing your experience.
Thank you for sharing this.
Thanks for sharing! Appreciated your sincerity!
My pleasure!
Thank you for your sharing!
thanks for sharing your experience, great perspective
Loved the perspective. Subscribed! I'll be your OG subscriber when you hit 100k soon
This was a great insight and a very personal video!
thank you!
Thanks for sharing your story. I worked both at sell-side and buy-side. But I truly agree money is not everything.
My mother in law just passed away with multiple scenarios. I am glad to find your video.
really good story！I hope you and your parents will do the best and be proud of a son like you.
Stay strong my man! Thanks for the story
no problem!
U were fortunate to learn the lessons you did at a young age. Most people will not learn them until into their 40's. For me it was war at 18 that taught me life is fragile as you mentioned but it is also very short. As you iterated there are more important things in life than money. Best wishes to you and yours.
Like your videos. Inspiring and interesting. You have achieved quite a lot and gained a lot of experience. Stay healthy!
thank you jonathan!
Very valuable advice, thank you
Great and inspirational video, also a touching story!
thank you Mitja!
I loved hearing your stories 👍
Haha thanks Andy
Amazing Story!
Salute to your sincerity!
Thanks for sharing, great video!
thank you!
Let me know if any other types of content would be helpful. Always looking to make videos that YOU want rather than just the ones I want to create!
what a kind soul
A video about how to get into IB
@@filcap I second this comment. :)
This was super helpful brother. I am finding myself in the same boat. I'm graduating with my MBA in International Finance this August and currently in a Relationship banker role and just not in love with it..
I find myself not loving finance and feel stuck because of how far I have gone with my education. I'm so lost so I am trying to figure out what I truly love and enjoy and not chase the money.
you will find your way if you put the time and thought into it!
Thank you for this extremely genuine video! Got me to start thinking my career in law too ...
Sorry to hear about your mum. My mum has been diagnosed with the same disease and I have been considering going into IB but this has made me rethink. All the best.
dang so sorry to hear that Henry I feel your pain. If you're able to pay for caregivers and she's able to live near you I think it may be okay to pursue IB at the same time. My mom was in Korea while I was in the states and I was an analyst for a few years, so it made more sense for me to quit and be with family while working on my businesses. Wish you all the best~
@@rareliquid seeing this level of detail in a comment response is so fulfilling/wholesome to me. Just found your channel, so straight-up and honest, great content. More than that, a comment like this shows you actually care. Wishing the best of luck with everything Ben!
@@sk-yooni6490 aw thank you so much haha i appreciate this! i always try to answer thoughtful comments
As a third year finance student, thanks for your sharing:)
Thx for the story. Wish you success in your TH-cam channel. Glad you made those changes in your life. I like to pass this on to my kids who are also working long hours in the accounting and financial industry. Making good Money like you were but definitely there's a price to pay as there's no work life balance.
Thank you for your comment and wish your kids all the best!
Ok I'm working long hours in the finance industry with no worm life balance but I'm underpaid.
Wow clicked on this video mindlessly and actually really enjoyed the content. Thanks for sharing your thoughts.
The TH-cam rabbit hole takes you to random places haha glad you enjoyed it!
It was super helpful. I'm on the same journey, in 2 minds whether to quit my job for my startup or not. Loved it + your videos are so well made. Godspeed buddy. Love your videos.
thank you! appreciate the positive vibes~
Very good presentation and insights. Thanks.
Thank you so much for sharing👍