Where would you guys start a career if you had to do it all over again?

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Rx Senior
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I have a bachelor's degree in Business Management from Iowa St University with a 3.3 GPA. I had always planned on doing something by myself when I got out of school, but I have decided to start looking for a more steady job. I am willing to almost go anywhere, but would like to be in the midwest or somewhere in Phoenix because of family in both areas. I was doing home remodels, but it just isn't as profitable as it once was and I need to earn some capital if I ever want to get into something bigger on my own. I respect many of your opinions and just thought I would get some possible ideas from you all. Thanks.
 

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Get anything gambling related out of your life. You will look back when you are older and see how much time and energy was wasted. You seem like a sharp kid. Good Luck
 

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Get anything gambling related out of your life. You will look back when you are older and see how much time and energy was wasted. You seem like a sharp kid. Good Luck

Already have. I feel so much less stressed out, can't imagine ever wanting to go back.
 

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I'd get a technical customer service job that requires training. And stick with the company.

Sales, although the money was awesome. Just burnt me to a crisp.

I know my limits. And I know you can make pretty decent money in CS.

Kruser, what about something in insurance? lots of good paying jobs there.
 

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Go get your JD and get into hedge fund management. 5 years and you will be burnt out, but worth 8 digits.
 

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I have a bachelor's degree in Business Management from Iowa St University with a 3.3 GPA. I had always planned on doing something by myself when I got out of school, but I have decided to start looking for a more steady job. I am willing to almost go anywhere, but would like to be in the midwest or somewhere in Phoenix because of family in both areas. I was doing home remodels, but it just isn't as profitable as it once was and I need to earn some capital if I ever want to get into something bigger on my own. I respect many of your opinions and just thought I would get some possible ideas from you all. Thanks.

Research growth areas...here you will find the most influx of capital and greater long-term financial opportunities. Las Vegas will grow by 2,000,000 people in the next 20 years. I moved from beautiful San Diego to LV and my income quadrupled...at minimum. I believe Austin and San Antonio are expected to continue to grow at a fast pace, but not sure. Phoenix area continues to grow at a fast pace, but is already over 6,000,000 people.

Or do what my college roommate did, go to work for Enterprise Rent-a-car, work 14 hrs a day, 6 days a week and have your roommates laugh at you while they were out chasing ass in Pacific Beach. 20 yrs later when you are making 7 figures you will have the last laugh.
 

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Or do what my college roommate did, go to work for Enterprise Rent-a-car, work 14 hrs a day, 6 days a week and have your roommates laugh at you while they were out chasing ass in Pacific Beach. 20 yrs later when you are making 7 figures you will have the last laugh.
You wouldnt mind giving more detail? If that is ok.

What did he do, end up managing a huge chain or something?
 
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Or do what my college roommate did, go to work for Enterprise Rent-a-car, work 14 hrs a day, 6 days a week and have your roommates laugh at you while they were out chasing ass in Pacific Beach. 20 yrs later when you are making 7 figures you will have the last laugh.

IMO, worst mistake a person can make going to work for ERAC. If you put as much time and effort into any other job that they require you will be much more successful. I worked for them for 3 years out of college. Worked my way into management and was making pretty good money. The hours are very realistic. 70-80 is the norm. Their set up is to get kids out of college promise them the great opportunities of management and abuse them until they burnout or become managers. And most managers only last 5 years as they want that position for the up and comers so you have to keep moving up or out. It was a real rat race.

A few head hunters I met with after quiting were honest and told me that many companies would not take managers from ERAC as many were burnt out and bitter employees. I now work 1/4 as hard and make 4 times the money in sales. Again, it has to be with the right company and with the right product but sales is one of the few jobs where you really get paid more the harder you work. Insurance sales is a growing market. Baby boomers are just turning 65 so medicare sales and retirement investing type products are booming. I have been doing this for 1.5 years and my residual check is over $3000 a month. That would be if I didnt sell one product for the month. I am on pace to make well over 6 figures in this my second year.

good luck whatever you decide
 

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IMO, worst mistake a person can make going to work for ERAC. If you put as much time and effort into any other job that they require you will be much more successful. I worked for them for 3 years out of college. Worked my way into management and was making pretty good money. The hours are very realistic. 70-80 is the norm. Their set up is to get kids out of college promise them the great opportunities of management and abuse them until they burnout or become managers. And most managers only last 5 years as they want that position for the up and comers so you have to keep moving up or out. It was a real rat race.

A few head hunters I met with after quiting were honest and told me that many companies would not take managers from ERAC as many were burnt out and bitter employees. I now work 1/4 as hard and make 4 times the money in sales. Again, it has to be with the right company and with the right product but sales is one of the few jobs where you really get paid more the harder you work. Insurance sales is a growing market. Baby boomers are just turning 65 so medicare sales and retirement investing type products are booming. I have been doing this for 1.5 years and my residual check is over $3000 a month. That would be if I didnt sell one product for the month. I am on pace to make well over 6 figures in this my second year.

good luck whatever you decide

I'm sure my friend is one of the few handfuls that made it. He also got in at the right time...around 1990...but most of the guys that stuck it out in his "class" are either in St. Louis or are regional managers making serious $$$$, and not one of them has a gripe about their career choice.

ERAC is certainly not for me, I'm a free thinker, plus I've never worked a day for the man in my adult life and never could wear a tie on a daily basis, shoot I probably put one on now once a year and that's if I have to go to a wedding.

Rob, now that I know other ERAC employees might be on this site, it is probably best if I don't "out" my friend, let's just say his territory includes one of the biggest cities in the US.....and he lives on the 85th floor.
 
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WC Bias,

I agree there is big money. I have a couple of friends in St Louis that stuck it out. I am more like you though. I just hate the idea of working my ass off only to lose a promotion because of the good ol boy network or whatever. I like working for me and making as much money as I want to work for. I know I will be financially rewarded for my hard work and dont have to worry about how a manger, boss etc thinks about me. Some people need the structure of a company and a boss pushing them. If i remember right, in 1992 when i quit, 95% of the employees quit with in 1 year and the remainder worked there over 10 years. My friend in St louis says she couldnt imagine doing anything else. To each their own.
 

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Go get your JD and get into hedge fund management. 5 years and you will be burnt out, but worth 8 digits.

DO NOT GO TO LAW SCHOOL. Waste of time and money unless you want to be a trial attorney. Literally any other field you want to get into can be done with an undergrad degree or MBA and you would be much better served with the MBA and/or work experience.
 

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Law School is a great meal ticket when you get into hedge fund management. Not only will you be playing with 8-9 figures, but you are totally independent and can prepare all legal documents relating to general business contracts (e.g., counterparty agreements), investment advisory compliance (i.e., Investment Advisors Act of 1940) and activist hedge fund campaigns (e.g., Schedule 13D filings).

Base Salary: $250K
Bonuses: % of fund growth... $,$$$,$$$.$$

After you burn out in 5-10 years you move over to a cushy corporate council gig where you are still pulling $200k, but only working 50 hours a week.
 

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Why would the hedge fund manager prepare all those b/s documents? The last thing they would want to do is handle the legal side of the business on top of the business side. Typically they have legal departments or outside counsel that handle all of that shit.

I don't know enough about hedge fund management to know whether or not a law degree would be of any value, but having been to law school I don't see how it can add much value. Certainly not enough to justify 3 years and ~$150,000, it would seem you would be better served working at a hedge fund, learning what the do (which, presumably would be required with a law degree) and moving into management. It would also seem an MBA is more valuable and appropriate for hedge fund managing.
 

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nfl films. would try to do an internship with them to get started.
 

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DO NOT GO TO LAW SCHOOL. Waste of time and money unless you want to be a trial attorney. Literally any other field you want to get into can be done with an undergrad degree or MBA and you would be much better served with the MBA and/or work experience.

I went to law school but I don't practice - I got into buying distressed properties, bad titles, foreclosures, judgments, tax deeds, etc., but all the kids I went to law school with are doing ok - I am sure they all make at least 100k to 200k - I would not rule out law school - I have two friends that got MBAs - I'm sure both make at least 250k.
 

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Sales is where I would focus all my efforts...

Always wanted to be a MLB ump
 

Woah, woah, Daddy's wrong, Mommy's right.
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Law school isn't inherently bad and I and my friends are all doing very well financially. My point is the whole "law school keeps my options open" is entirely flawed. Other than being a trial attorney, there is no field to get into that requires a legal degree. You could have done real estate without it, I could have done real estate without it. IT, anything.
 

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good question

I would have moved to hong kong singapore or bermuda faster

dumped more money into the market due to lower taxes

and then after 5-10 years returned home and started my own business


mistake i made after finishing in sports was moving around too much
 

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Hell yeah I would have done it different. I am what I am at this point I am a grinder that just seems stuck in a place that I just don't feel it will last forever.

Always shoot for the stars. Growing up my parents just never seemd to push schooling that much. They were just normal working folks that until much later in life just never thought they would ever have any money. LOL I got older and they got richer....go figure.
 

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