I felt stuck in banking, so I quit to start a $2 million tech company without any experience. Here's how I knew it was time to transition into something better.
This as-told-to essay is based on a conversation with Daniel Fayle, a 32-year-old former banker and cofounder ofI got into banking as more of a default choice — my dad was a banker for 30 years. When I was considering careers during college, I felt limited. The educational system doesn't actually educate you on the different jobs or options out there, and finance seemed like a good option at the time.analyst.
Your mindset instead is, how can I please my boss? How can I make my boss's life easier? The mantra revolves around the principle of"eating the frog for your boss." If you look at successful people or companies in tech, on the other hand, one thing they have in common is they operate with an"open to anyone's ideas" philosophy, regardless of title, to constantly improve. This gives people the satisfaction that they can have a big impact on the business and be proud of their contributions.
Leaving the bank didn't make me nervous because I knew I had to take one shot at something I enjoyed — fail or not. I was more comfortable failing at that point in my life than working a job that I thought wasn't realizing my potential. The final straw was realizing that all successful people fail. We're taught that it's the opposite, that all successful people always make the right decisions or are always right.
With this strategy in mind, if you think you're going to start a business, then college isn't needed, in my opinion. Graduating from college is an indication you've achieved some level of commitment, but certainly not an indication of your attitude, passion, curiosity, or ability to take initiative, which are all types of self-education that helped me significantly grow my business
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