Characteristics you need to work in the financial sector

Successful people that work in finance all have these 3 attributes.

As financial services are an field that revolves around analytics and reacting to changes, having a strong intellect is crucial to success. Particularly, individuals must have strong numerical capabilities with an emphasis on analysing mathematical trends and figures. To succeed you require a genuine knack for pinpointing issues or anomalies in any set of data, and this takes a sharp eye for detail. Naturally, the most successful financiers come from a mathematical background, where they would have mastered something like mathematics, economics, or accounting at their universities or colleges. There are a lot of good examples of individuals who do not study number-based qualifications who succeed in the financial services industry; all that is required to be a strong candidate for a top investment company, is that you have strong analytical skill and a fantastic work mentality. An instance of the kind of work mentality you need is from Lars Windhorst, who started out his first business when he was at school. While this is very exceptional, it is the level of devotion one should aim for to be successful in the investment world.

Among the most essential qualities you can have in business, but specifically in the financial sector, is to be determined and durable. The nature of the field means setbacks are common; there are very few individuals, if any, that have had a long career without having some sort of difficulty to manage. Not only is this attribute essential in overcoming obstacles, it is advantageous because there are long working hours that are full of hectic schedules. As many people wish to work in finance, you must keep up a high work ethic to fend off potential replacements. The compensation for the demanding work load is generous pay and numerous other perks. With this sort of pay, individuals can retire early, such as JP Livingston, who retired at 28 following a short yet successful career in finance. This choice is not for everybody, with many investment bankers working at financial institutions well into their 70’s, but it is undoubtedly a alluring prospect.

Finance and investment are all about trust building and convincing people that you are more dependable than your competition. The financial market is highly competitive, therefore persuading clients you are their best option is important. To do this one needs to have good people skills, whilst also being watchful of possible bad customers. It helps to be charismatic without being too arrogant, in an effort to instil confidence but not so much that they believe you are not careful in your decision making. Having traits like these are what would have helped someone like Thom Weisel have such a effective career; investing and drawing investment is down to building effective connections.

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