January 30, 2012
It's almost 1 AM, I can't sleep. The reason I used to blog so much when playing poker is it was a great stress outlet. Either way after a good or bad session it was a great way to unwind and relax. Now I'm back to that point where I need to just get lost in my words. Basically the days since black Friday have been humbling money wise. I had a plan for how 2011 was supposed to go and that was blindsided on April 15th. Deciding to put my degree to work in December of this year I started looking for financial planning jobs.
I immediately heard back from a number of companies and eventually accepted a job from Waddell and Reed. I was filled with all sorts of false optimism. I'm supposed to start today. Early Saturday morning I woke up and couldn't fall back to sleep. Something was bugging me, looking for answers I realized that being a personal financial planner isn't what I want to do. With a due respect to anyone reading in that profession, it seems as though it's much more of a sales job than anything else. While the money is very good if you can get people to invest, it's not something I want to do. The firms hiring seem to take anyone willing to come on that meet certain qualifications and see who sticks. I woke up my lovely girlfriend who was sound a sleep a said "I can't work at W&R". Some people enjoy that sort of thing, but it's just not for me. I emailed my boss tonight and said I have other opportunities I'm going to pursue.
So now, a week before my 26th birthday I have to come up with a new plan. Currently I'm coaching JV boys basketball for a small salary, although I do love it, it's not going to pay the bills. I have a B.S. in Management with a concentration in personal financial planning that's not going to get me too far in the business world, so what now? Well, I'm going to apply to a few local business schools. I had an unrealistic notion as to what my major was going to lead me to. I wanted to crunch numbers and figure out the best investment, I was captivated when I learned about stocks in high school and to a further extent options and futures in college. I want to be a financial analyst, forecaster, etc. I've spent all my life crunching numbers and coming to conclusions based on those calculations in baseball, I want to do the same with finance. I need to apply to business school.
So I have a list of 2 I'm going to apply to. Both are local and very expensive. My pipe dream is to become a graduate assistant at either school with the baseball team which would cut the cost. I'm going to E-mail both coaches tomorrow with a quick rundown of my baseball accomplishments just to try and plant a seed. I also need to start studying for my GMAT's tomorrow in order to get into business schools. However what I most desperately need right now is good advice. My parents and girlfriend have been incredibly supportive and helpful. I have a couple Emails out right now as to what the best course of action is to my finance contacts but for the first time in a long time I have no idea what the next year is going to bring.
I turned 25 with such optimism and now I'm filled with uncertainty. In the mean time I'm going to have to go back to my Dad's store, as well as looking to give baseball hitting and/or catching lessons. However while it's certainly a scary feeling, it comes with incredible optimism. For the first time since April 15, 2011 I'm going to be able to look forward to a future job. It may be blind excitement at this point but there's no reason in trying to make it in a job you don't enjoy especially when it's 100% commission like the one I was supposed to start today is.
So that's my dilema, a lot of uncertainty. Any advice would be appreciated and if poker wants to make its triumphant return, I'd gladly welcome that to help pay for tuition if the GA thing doesn't work out. I know the MBA won't automatically lead to a better job, but it's a step in the right direction.
Hope all is Well,
People often say that motivation doesn't last. Well, neither does bathing – that's why we recommend it daily. ~Zig Ziglar