This video details Wayne Hu's reasons for leaving his job at McKinsey, a top-ranked consulting firm. He discusses several key factors influencing his decision, primarily focusing on lifestyle, client work nature, lack of feedback loops, fulfillment, and the transactional nature of the work.
Lifestyle: The demanding travel schedule of consulting hindered Hu's ability to establish a stable home life, build local friendships, and maintain a healthy routine. While acknowledging improvements with remote work, he highlights the limitations compared to other industries.
Client Work: Hu found the work with established, large corporations less motivating than working with startups. The focus on incremental growth in large companies, compared to the potential for rapid expansion in startups, influenced his decision.
Feedback Loop: The lack of a clear feedback loop regarding the impact of his consulting work led to a feeling of disconnect and lack of fulfillment. He contrasts this with the clear, measurable results in venture capital and startups.
Fulfillment: Hu emphasizes that the strategic work at McKinsey, while intellectually stimulating, lacked the inherent satisfaction of seeing projects through to completion and witnessing their real-world impact.
Transactional Nature of Work: Hu reflects on how the demanding nature of consulting made him more transactional in his interactions, impacting his personal relationships. This is presented as a key factor influencing his departure.
