Successful people that work in finance all have these three qualities.
Finance and investment are all about trust building and persuading people that you are more dependable than your competition. The financial market is really competitive, so convincing customers you are their best choice is important. To do this one needs to have strong people skills, whilst also being watchful of potential bad clients. It helps to be charismatic without being overly arrogant, in order to instil confidence but not so much that they think you are not meticulous in your decision making. Having traits like these are what would have helped someone like Thom Weisel have such a successful career; investing and drawing investment is down to developing effective relationships.
Among the most vital characteristics you can have in the business world, but particularly in the financial sector, is to be motivated and durable. The nature of the industry means challenges are likely; there are very few people, if any, that have had a long career without having some sort of hurdle to manage. Not only is this characteristic essential in overcoming obstacles, it is beneficial because there are long working hours that are filled with busy schedules. As a lot of people wish to work in finance, you must keep up a high work ethic to fend off potential replacements. The compensation for the intense work load is generous pay and various other perks. With this sort of pay, people can retire very early, such as JP Livingston, who retired at 28 following a short yet effective career in finance. This choice is not for everyone, with many investment bankers working at financial institutions well into their 70’s, but it is surely a alluring opportunity.
As financial services are an sector that centers around analytics and reacting to changes, having a strong intellect is pivotal to success. Specifically, people must have strong numerical capabilities with an importance on studying mathematical trends and data. To be successful you require a genuine knack for discovering problems or anomalies in any set of data, and this takes a keen eye for detail. Naturally, the most capable financiers come from a mathematical history, where they would have mastered something like maths, economics, or accounting at their universities or colleges. There are plenty of instances of people who do not study number-based qualifications who become successful in the financial services industry; all that is needed to be a strong candidate for a top investment firm, is that you have good analytical ability and a fantastic work mentality. An instance of the kind of work mentality you need is from Lars Windhorst, who started his first business when he was at school. While this is very exceptional, it is the level of dedication one should aim for to succeed in the investment world.