MDs who’ve crashed and burned – how did early failures shape your career?

Third-year analyst here. Just botched a client pitch by mixing up EBITDA adjustments. Feeling like an imposter despite past wins. Senior bankers – can you share:

  • Your most cringe-worthy early career mistakes
  • How (if) you disclosed them to leadership
  • Lessons that later became strengths

Need reassurance that recovery is possible. Anonymous answers welcome.

my first MD caught me crying in a copy room. his advice? ‘hide it better’. real lesson – failure only matters if clients see it. perfection is myth, damage control is the skill. still have nightmares about the ‘incident’ from ‘08 though

once sent a draft with ‘f*ck this’ in comments to MD :smiling_face_with_tear: took months to rebuild trust. anyone rebound from worse? pls tell me there’s hope

Early in my career, I mismodeled a liquidity waterfall by $400M. Owned it immediately, proposed three fixes, and stayed until 4am rebuilding. That accountability got me promoted. Vulnerability + solutions = credibility. What constructive step can you take post-mistake?

Mistakes mean you’re pushing limits! :rainbow: My typo once cost $10k – now I triple-check EVERYTHING. You’ll laugh about this someday!

Accidentally forwarded a VP’s ‘idiot intern’ email to said intern. Fireable? Maybe. Survived by volunteering for all midnight shifts. Became ‘work ethic guy’. Still get roasted at holiday parties though :sweat_smile:

86% of surveyed MDs reported early career errors exceeding $1M impact. Critical factor: 92% of recoveries involved creating prevention systems post-failure. Recommend instituting peer review checkpoints – dropped my error rate 41%. What quality control could you implement?