How long should you stay at your first job before you hop somewhere else
Recently started working in acquisitions right out of college and often think about switching to either asset management or development. Background largely in construction and development. Obviously got a lot to learn but I figured 2 years tops to understand the underwriting and due diligence process then reconsider what next? Not in it for the money per se just want to understand the industry better and when I’m older do my own thing.
[{"id": "iupkucs", "text": "2 years is usually a safe bet.", "replies": [], "depth": 1}, {"id": "iupkxmf", "text": "Either one of those associate level roles you\u2019re going to learn a lot over the next few years. Most of the guys I know in development spent 2 years in the analyst/associate role then moved into something else of equal pay/responsibility in development or AM.", "replies": [], "depth": 1}, {"id": "iuptcqg", "text": "I spent 15 years in a 2 year role. Damn great financial crisis", "replies": [], "depth": 1}, {"id": "iuq1jyi", "text": "As soon as you start to see the red tape, you feel like you\u2019re not gaining any more experience, or as soon as you start wanting to change the culture.", "replies": [], "depth": 1}, {"id": "iuq8wgi", "text": "If you\u2019re in your early to mid 20\u2019s 1 year then hop for more money", "replies": [{"id": "iur3aev", "text": "I\u2019d disagree and say to stay as long as you need to get the experience necessary to make yourself worth more money. A year in CRE isn\u2019t a lot of time to learn a new role.", "replies": [{"id": "iusp0uo", "text": "Disagree. \n\nA year in CRE in your early 20s is enough to understand what your position in the market is. Going to another side of the river early on in your career is beneficial. There\u2019s just too many different things you can do in this industry. Keep hopping til you\u2019ve found the niche that you like is my advice", "replies": [{"id": "iut7cwe", "text": "The real right answer is gonna depend on the person. I get your point of seeing different perspectives.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iushclt", "text": "3 years.", "replies": [], "depth": 1}]