The rich kid is also motivated to pay his dues. If he's installed directly into management then people will bypass him because he'll be considered a no nothing in middle management. If he works his way up, gaining experience all the while then it's a victory for him.
The big difference he, or she, knows exactly how long he has to stay in the at entry-level analyst position. While most people are promoted when someone in management feels it's the right time, the rich kid knows when to ask; not when a position opens up, not when they are asked, not when they feel they've learned enough, but when they are ready to make the leap.
One of these rich kids is a friend of mine. He's been hired and fired from more jobs than I care to remember. While my biggest concern is making the mortgage each month his is making enough to put in his daughters trust fund. Rent, food, and even vacation are expenses he's not worried about.
He paid his dues by doing his stint in different banks and now he's a family financial planner. He built his Rolodex up by being a performer; something that is impossible to do any other way.
The big difference he, or she, knows exactly how long he has to stay in the at entry-level analyst position. While most people are promoted when someone in management feels it's the right time, the rich kid knows when to ask; not when a position opens up, not when they are asked, not when they feel they've learned enough, but when they are ready to make the leap.
One of these rich kids is a friend of mine. He's been hired and fired from more jobs than I care to remember. While my biggest concern is making the mortgage each month his is making enough to put in his daughters trust fund. Rent, food, and even vacation are expenses he's not worried about.
He paid his dues by doing his stint in different banks and now he's a family financial planner. He built his Rolodex up by being a performer; something that is impossible to do any other way.