WallStreetD
New Contributor
Hello everyone, I'm brand spanking new here. Picked up the book yesterday after I approached a guy in a McLaren asking for advice and he told me to buy this book (never heard about it before that). I'll try to make this short and sweet.
I'm Dennis, live in New York City and I've always been a sociable person, people always compliment me on how I can hold up a conversation with basically anybody, good hand shakes and good eye contact. I've made enough connections to land myself on Wall Street. At 19 I was fully licensed so here comes the Ferraris right? HA. Anything but. After a year of me thinking I suck at over the phone sales and reading EVERYTHING to try to help me improve. I'm talking about Carnegie, Sun Tzu, a plethora of sales books I just started to kind of give up. The firm I was at shut down since the CEO sold his company, fast forward January of this year and I joined a new firm. Same story, this time around I worked with a vengeance. 6 days a week, 12-14 hours a day and about 6 on Saturdays.
I saw a few young successful guys (25-35) in my firm pulling in some serious numbers monthly. I later found out they where pitching bio-tech companies that they swore would get FDA approved in the next 2 weeks and the stock will go from $2.50 to 80 bucks and suckered a lot of people in. After I started popping a few accounts I'm like cool not so bad, then all of a sudden a brick F*cking wall came and I couldn't get anyone on the horn who believed in me. Now I know everyone here is going to say I'm just the typical bullshit Wall Street kid tryna make a buck but I was honestly busting my a$$ putting in research and sitting down with the firms analysts to learn the markets, and I was. I didn't want to sound like the 21 year old who bought his first Ferrari because he sold the dream of the next Advil or Tesla at .17 cents a share.
The past firm I was talking about got bought out this past June by a large investment bank and gave everyone in retail (including me) the chopping block. So here I am, 21 with multiple licenses pertaining to the stock market where everyone views me as a villain trying to rob there money. Honestly I am beyond lost, I legitimately have no idea what to do. If I go to a place like Chase/JPM or Merrill Lynch etc I'm just doing the 5-2 trade which doesn't quite add up. I could really use some advice guys. Also I have no college degree so Goldman Sachs will just point their finger and say haha you want to come do IB? Sorry but not sorry you didn't go to Harvard haha.
My grandmother owns a pizzeria which is quite successful, it was able to buy her an extremely quick retirement with multiple properties (only land) all over America and a few houses in NYC that she rents out. I was thinking about going into the pizzeria took what I learned from Wall Street and expanding and going all the way with it. Only problem is my grandmother is EXTREMELY controlling and probably wouldn't even let me hand out menus on the street or even mail them to people.
I'm honestly in a breaking point in my life right now. I grew up without a father so my moms brother (my uncle) actually sold his business to raise me. I was with him everyday and he taught me how to be a man, make my bed, have my room clean before I head out etc. He ran a successful bakery business in which he sold to raise me up while my mom worked at the pizzeria. Basically he was my stay at home dad. He just passed away this past May at the age of 48 and words still cannot describe how distraught I am since it was random. I texted him at 5:54, he responded at 5:56 and then had a heart attack and died.
TL;DR 21 Year old in NYC worked on Wall Street but having no luck over the phone sales. Wondering do I go to a major firm like JPM/Merrill Lynch, Morgan Stanley etc and save a few years worth of money and open up a business? Which by the way I have no idea what type of business to open up, the pizzeria is not my passion at all. Do I return to college? I'm really lost here guys. I appreciate ANY type of feedback.
Your buddy, Dennis
I'm Dennis, live in New York City and I've always been a sociable person, people always compliment me on how I can hold up a conversation with basically anybody, good hand shakes and good eye contact. I've made enough connections to land myself on Wall Street. At 19 I was fully licensed so here comes the Ferraris right? HA. Anything but. After a year of me thinking I suck at over the phone sales and reading EVERYTHING to try to help me improve. I'm talking about Carnegie, Sun Tzu, a plethora of sales books I just started to kind of give up. The firm I was at shut down since the CEO sold his company, fast forward January of this year and I joined a new firm. Same story, this time around I worked with a vengeance. 6 days a week, 12-14 hours a day and about 6 on Saturdays.
I saw a few young successful guys (25-35) in my firm pulling in some serious numbers monthly. I later found out they where pitching bio-tech companies that they swore would get FDA approved in the next 2 weeks and the stock will go from $2.50 to 80 bucks and suckered a lot of people in. After I started popping a few accounts I'm like cool not so bad, then all of a sudden a brick F*cking wall came and I couldn't get anyone on the horn who believed in me. Now I know everyone here is going to say I'm just the typical bullshit Wall Street kid tryna make a buck but I was honestly busting my a$$ putting in research and sitting down with the firms analysts to learn the markets, and I was. I didn't want to sound like the 21 year old who bought his first Ferrari because he sold the dream of the next Advil or Tesla at .17 cents a share.
The past firm I was talking about got bought out this past June by a large investment bank and gave everyone in retail (including me) the chopping block. So here I am, 21 with multiple licenses pertaining to the stock market where everyone views me as a villain trying to rob there money. Honestly I am beyond lost, I legitimately have no idea what to do. If I go to a place like Chase/JPM or Merrill Lynch etc I'm just doing the 5-2 trade which doesn't quite add up. I could really use some advice guys. Also I have no college degree so Goldman Sachs will just point their finger and say haha you want to come do IB? Sorry but not sorry you didn't go to Harvard haha.
My grandmother owns a pizzeria which is quite successful, it was able to buy her an extremely quick retirement with multiple properties (only land) all over America and a few houses in NYC that she rents out. I was thinking about going into the pizzeria took what I learned from Wall Street and expanding and going all the way with it. Only problem is my grandmother is EXTREMELY controlling and probably wouldn't even let me hand out menus on the street or even mail them to people.
I'm honestly in a breaking point in my life right now. I grew up without a father so my moms brother (my uncle) actually sold his business to raise me. I was with him everyday and he taught me how to be a man, make my bed, have my room clean before I head out etc. He ran a successful bakery business in which he sold to raise me up while my mom worked at the pizzeria. Basically he was my stay at home dad. He just passed away this past May at the age of 48 and words still cannot describe how distraught I am since it was random. I texted him at 5:54, he responded at 5:56 and then had a heart attack and died.
TL;DR 21 Year old in NYC worked on Wall Street but having no luck over the phone sales. Wondering do I go to a major firm like JPM/Merrill Lynch, Morgan Stanley etc and save a few years worth of money and open up a business? Which by the way I have no idea what type of business to open up, the pizzeria is not my passion at all. Do I return to college? I'm really lost here guys. I appreciate ANY type of feedback.
Your buddy, Dennis
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