Youngsters, apply yourself with purpose - don’t just pursue money. What the world needs today is not just idealism or ambition – it’s both
Great insights below from Rutger Bregman:
Every year, thousands of teenagers write passionate application essays about the global problems (hunger, poverty, inequality – you name it) they aspire to solve. But a few years later, nearly half work for firms like McKinsey & Company, Goldman Sachs and Kirkland & Ellis. My friend Simon van Teutem, who studied at Oxford, calls it the ‘Bermuda Triangle of Talent’: consultancy, finance, and corporate law.
This isn’t just a waste of time. It’s a waste of potential on a historic scale.
Call it the paradox of ambition. We celebrate, cherish and cultivate it. We admire the startup founder who works 80-hour weeks, the young consultant with a six-figure salary, and the investment banker who pulls all-nighters. But ambition, on its own, is just fuel—it can power anything, from a rocket headed for Mars to a bulldozer razing a rainforest.
As the novelist Allen Raine once wrote: “People may spend their whole lives climbing the ladder of success only to find, once they reach the top, that the ladder is leaning against the wrong wall.”