9 out of 10 won’t make it in the industry.
…And, it’s always the “best time to be in the business.” The first one is true.
And then you learn…
9 out of 10 are supposed to make it. They won’t.
9 out of 10 are bred to make it. They probably won’t either…
9 out of 10 who remain, won’t add value.
For the ones that do remain, 9 out of 10 times you can be right, and the 10th time can kill you.
Wall Street is a treacherous mountain. A giant game of Survivor. No question. I’ve lost friends. Even brothers. Gained some too. I started in a class with 300 people. 5 years later there were 25 left at the firm. 4 years later, I couldn’t tell you… most probably jumped ship to another firm. That’s the way it is.
But I have to say, as much as I think about the lost causes and stench of it all; on days when it happens, when you connect with a client and probably change their life. Really, honestly change their life. It’s the most humbling, gratifying feeling I think one can experience.
Someone trusts you with their life, their legacy, and sometimes their heart.
Believe me. Just once is enough, you’ll never forget that connection.