Article · ft · business

Where does ambition go without direction?

  1. 1. A former investment banker finds that leaving a structured corporate role makes ambition lose its external reference points and direction.
  2. 2. Within investment banking, ambition is guided by clear external metrics like titles, pay, and deal flow.
  3. 3. Outside the structured corporate world, time can fill up with activity without generating significant productivity or progress.
  4. 4. A common reaction to lacking direction is gravitating towards 'optionality,' by saying yes to too many disparate opportunities.
  5. 5. Money's role as an ambition driver diminishes significantly at senior levels, after basic life-shaping needs are met.
  6. 6. Comparing oneself to peers becomes difficult outside of a structured banking environment where career trajectories are less clear.
  7. 7. To regain direction, many former bankers reconstruct structure by pursuing ventures with clear milestones and measurable progress.
  8. 8. The ultimate challenge of post-corporate life is defining the game itself after the old system's 'scoreboard' is removed.
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