Be prepared even before the opportunity comes knocking. To succeed in finance you need good financial modeling skills or valuation, PowerPoint skills, and soft skills.
To succeed in finance, work on your mindset first, then have a good understanding of risk and then learn about trading. You also need to have good risk management strategies.
Keep on acquiring new skills and improving yourself because new things are coming up in the finance industry all the time. Always have an exit strategy and know when to execute it.
In the world of finance, most of the theories that we learn cannot be applied consistently. Cash flow, not cash, is king. Cash flow is a company’s most important asset.
Luck plays a big role in your life, but it comes at different times. It doesn’t mean that you will always be unlucky. So, you have to be prepared for it. Be mindful of your ego. It could ruin your career in finance.