Hello. I have just gotten my MBA from Harvard Business School. I got my undergrad from Cornell. I have also taken management courses and my goal for life is to eventually become a CEO of a fortune 500, have a wife, and have kids. I am currently offered 2 great jobs, and I’m thinking about starting my own business, however, with job offers like these, I’m not sure if it is even worth starting my own business. I might eventually make more money with my job. My career ideas are..
1. I have been offered a job as an associate at Goldman Sachs. This is a huge company, however, with investment banking jobs taking up many hours of the day, I’m not sure if I would have time for a family.
2. My second job offer is a businessman at Viacom. Viacom is a media company that owns brands such as Nick, Mtv, Vh1, comedy central, etc. The pay as an average person there is not as much as Goldman sachs, however, when your an executive, your making multi millions a year. Job growth is high at viacom. I interned there and loved it. My fathers friend is executive vice president at viacom and is super wealthy. I have an advantage since he is willing to help me achiever my goals of becoming an executive at viacom. The hours at viacom are somewhat normal. 9 hours a day.
3. Now the fast way to get rich and have time with family, is to start a business. I would be starting a software and technology company. However, your not garenteed wealth, and the risks are high.
I would love to be very rich, have a family, have a nice big house and an apartment in NYC by the age of 40-50 and retire at 60.
Which job should I take?
Take what job is best for your personal happiness and also has a balance of bucks. Viacom sounds like a good job for what you’re looking for to me. As for developing your own business, I’d recommend maybe getting a job first and "Getting your feet wet", and if your job position develops into "Stagnation" where instead of going up in the position, you just go in a straight line, shoot off in your own direction and make your own business. Working under someone isn’t necessarily a bad thing so long as that person recognizes potential and lets you up when you’ve earned it, but if you get held down, don’t hesitate to go off in your own direction. There should also be plenty of time to find someone, and if you’re as smart as you seem, shouldn’t be too hard in an actual business, aka giants like Viacom, who’re full of intelligent people.
Basically, since you’re a recent grad, it’d probably be best to figure out how the system really works, then if you want to branch off, build your own business and grow it.
Life is a straight line which everyone’s going forward on. If you’re faster than the guys ahead of you, best thing to do is step aside from them and go farther, but if you’re slower than the guys ahead of you, you can always work up to the point I stated above, and from my experience with both of those, either way, you’re going to be having a good time so long as you’re going forward.
3 Responses to “Which career choice should I take?”
Leave a Reply
i would definitely go with viacom. getting ahead is all about networking and who you know. and having a little extra time for family is always a plus. not to mention with the extra time away from work you could put together a more thorough plan for a business of your own. my logic is always keep as many doors open as possible.
References :
I suggest second one since Goldman Sachs there are so many people there what are the chances of getting to executive especially a fresh grad from university even if it is Harvard MBA. Plus you have connections to help you move up. I don’t think you should start your own business because you would miss out Goldman Sach and Viacom in the future. Can you start your own business outside of work? It depends how much money you actually. Like my co-worker he can support 2 kids and a wife with only his 75K (canadian dollars) while I know people who cannot afford a family with 75K because of luxurious spending.
References :
Take what job is best for your personal happiness and also has a balance of bucks. Viacom sounds like a good job for what you’re looking for to me. As for developing your own business, I’d recommend maybe getting a job first and "Getting your feet wet", and if your job position develops into "Stagnation" where instead of going up in the position, you just go in a straight line, shoot off in your own direction and make your own business. Working under someone isn’t necessarily a bad thing so long as that person recognizes potential and lets you up when you’ve earned it, but if you get held down, don’t hesitate to go off in your own direction. There should also be plenty of time to find someone, and if you’re as smart as you seem, shouldn’t be too hard in an actual business, aka giants like Viacom, who’re full of intelligent people.
Basically, since you’re a recent grad, it’d probably be best to figure out how the system really works, then if you want to branch off, build your own business and grow it.
Life is a straight line which everyone’s going forward on. If you’re faster than the guys ahead of you, best thing to do is step aside from them and go farther, but if you’re slower than the guys ahead of you, you can always work up to the point I stated above, and from my experience with both of those, either way, you’re going to be having a good time so long as you’re going forward.
References :
Experience, although in different scenarios as this.