Why I gave up the easy work of investment banks and chose to start a business

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After I graduated, my first job was in an investment bank, where I spent 3.5 of my time.

Before applying for this job, I asked a lot of people, "what is the day-to-day work of an investment bank analyst?" Also received a number of high-level responses, often with the words: "teamwork, cooperation, customer and interaction." And when I really came here, I found that my daily job was to help clients "cut spending (another nice word for layoffs)", and make 80-page PowerPoint every day to show our findings to our customers.

It was a very monotonous job, but luckily I had a few other things to do in the day. I have a little time to notice "something else" before I get off work 7 o'clock every day.

For our investment banking analysts, the happiest thing of the day is to discuss the future of career development. Some people want to take the "classic route" of going to private-equity firms or teaching in business schools. Others tend to start their own business or travel. Whatever the goals everyone has, we have one thing in common: we want to leave the investment bank within 2-3 years.

But not everyone has finally achieved this goal. My leaders, for example, have worked almost all their lives in investment banking. I started thinking about why they didn't leave here in 2-3 years, as they had expected. After a period of reflection, I finally found the answer: Every year we pay a little bit more, and do things less. This is a very attractive job for most people, with rising incomes and reduced work intensity.

A poor boy who just graduated from college, found a well-paid job, and soon my life changed. As I grew up, I borrowed my parents ' Subaru when I needed a car. And after the first paycheck, a second-hand BMW suddenly came into my eyes ... In addition, before I found a job, I rented an old apartment with my classmates, and after earning it, I started hoping to move to a better house.

Although my income increased, my life began to become unpleasant. I began to complain about my work, but I didn't have the courage to resign.

As the working hours get longer, I find that my ability is becoming more and more unitary, and my career change is becoming more and more slim. So I started thinking about leaving the financial sector and working in a start-up, but I didn't know if I could make it happen because I lacked the experience and the ability to start a business. I was shackled by my indecision, like standing on the edge of the Grand Canyon, trying to explore the landscape on the other side of the canyon, but I couldn't find a bridge through the canyon.

My future co-founder, Paul, was in a similar situation. We hope to find a partner with entrepreneurial experience. However, we find the CEO of each company, they are very busy every day, and have no time to share their experience with us. So we want to create a platform for people to share their work experience with each other (treatings).

After we found our goal, we began to think about how to achieve this goal. The first question we encounter is: "Should we start our business in our spare time, or should we quit our existing job and concentrate on our business?"

Eventually we decided to resign and start our own entrepreneurial journey wholeheartedly. Paul had a technical background, so he became the CTO of the company. Although we have enough money to ask someone to help us with programming and product development work. But for the long run, Paul decided to develop the product while he was learning.

Although our own product development may in the short term let us devote more time and energy, but we decided to do so. In order to save money, we began to change our way of life, not to buy those seemingly extravagant products. And at first, the prototype of the product that Paul developed is also a bit simple, but to know that our development team is only Paul, so we are more satisfied, we believe that, as experience continues to enrich, we will be able to develop better, more functional products.

Although during that time, we developed a product is very simple, but our to-do list is not simple. Paul's list has a lot of technical problems that he wants to solve, and I even started to envy Paul's ability to work, and he always found a way to solve the problem, no matter how complicated the list was.

Creating a to-do list and then rowing it off after the event is complete gives me great satisfaction. However, if we have some abstract tasks on our list, such as "Get more users" or "learn Twitter", and so on, I can't get any satisfaction from the list of tasks. What can excite me is to accomplish those specific tasks.

I resigned from my previous job because it bored me and made me feel satisfied. I don't like this seemingly easy job, repeating the same thing every day. Today, I am leading my business to find direction, every day faces new challenges. This is the biggest motivation for me to quit my business.