CHAPTER FOUR PRACTICE IN LOCO PARENTIS MANAGEMENT
Sure, if my boss was half as cool as my dad, that would be great!
—Millennial
A senior private equity managing director told me of a parent calling to complain that her son was working too many hours. I asked how he reacted to this call. “I just listened and tried to be polite. I didn’t tell her that her son was going to make ten thousand dollars less for every minute she kept me on the phone. But I did the math in my head.” He went on, “This is ridiculous. For one thing, my parents never in a million years would have considered calling my boss when I was in my first job out of college. I can’t even imagine that. They didn’t even know my boss’s name. And I would have been mortified if my ...
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