Brand New Career Path
So, I'm not even sure if this is in the right topic, however, I will be retiring from the Marine Corps in 2 years, which will make 20 for me. I currently am in aviation, and have 10 years of upper level management. I am working on a business administration degree with a minor in finance, and am interested in becoming a financial manager, or something in that field, or business field in general. This will be 100 percent new to me, and basically am wondering if I should do it to do something entirely different or just stick with what I know.
I pretty much am tired of aviation maintenance, and not much of an ability to grow in this field. What I don't want to do is move to an entirely new state or area of the state just to work in an office, where primarily the business is done over the phone.
lastly, I guess the right question to ask is how competitive is the field to start out in? Is it as cut throat as everyone makes it seem to be, or is there more team building environments? Thank you for any advice.
What's Up Dragula,
Congrats on your career change.
Being an FA can extremely rewarding at times, and bang your head against the wall at other times. It's extremely tough in the begging and yes it is cut throat. It really boils down to you.
I would answer the WHY before the WHAT. Why do you want to do this? Do you want it bad enough? Are you willing to work 60 maybe 70 hours a week to build a better life for you and your family? You were in the military so I think you have what it takes.
Check out www.fahub.net and read some of the blogs. It will give you more depths and also some resources to get you ahead.
If you are not affraid to hear "no", people like you, and you are not opposed to working your butt off at developing sales skills, then this is a fantastic career. Choose wisely where you start (which firm). And then find out who is growign the fastest in the office, and live in their shadow. New, organic growth.
Extremely competitive. Only something like 15% of new advisors make it past 3 years in the biz, but as they say, no risk no reward.
It's more cut throat than team work. If you think about it, no one's going to help you build your business when they could be putting the same effort into building there own.
If you join a team, you can get more of the team building you're looking for, but nobody is going to invite you to join a team until you can prove you can make it solo