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Job Survey: Managing Director

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Location: Austin TX
Company: Tocquigny Advertising
Experience: Executive
Highest Level of Education: Undergraduate Degree



Job Responsibilities
50% New Business Development 15% managing Managers 25% Writing 10% Thinking-Learning-Inventing
Job Requirements
I earned a BS in Architecture. This traing was superb for the combination of conceptual traning, graphic arts, planning, project management and presentation, selling and client interface skills. Learn about communications and practice it. Study composition and visual perception. Our media overload is mostly visual. Meet professionals in practice. The professors are crap when it comes to really teaching advertising. Learn constantly. Your workload does not have to be tough if you are smart, disciplined and connected to excellent accounts at executive levels. It is the peons that are always scrambling. Learn about database management and statistics. That's where the real money is going. Pretty pictures and witty lines are just the front. Steal ideas from everybody.
Uppers
Freedom to move. Commission based income that leads the agency. Working with Fortune 100 clients that by definition have the most talented and ambitious employees keeping everyone at the top of their games constantly. Dinners in NYC, LA, and Peoria. The best are always in demand.
Downers
Lots of people impact my success. Surprises are usually bad. Others have cost me $50K this year alone. Stress to hit numbers is always present. Are always at risk of termination because the qualities that make "best of class" salesmen rub people eventually. Flying out of La Guardia during a snowstorm at 6:30 Friday night.
Lifestyle
I work about 50 hours a week, except when traveling and doing events. Those dayys are 14 -15 hours. I travel 8-10 days a month around the US. This is an advantage. I know people well in 10 major cities. You gain geat insights and perspective by seeing as much of the world as possible continually. My travel is in great places where Fortune 500 dwell. NYC, Chicago, Dallas, LA, SF, Miami, DC and others. We don't entertain that much. Dinners mostly some confernce events. Was just invited to the Ryder Cup by a client. Going to Vegas and Tucson next week. Dress code is casual/hip in this business. Style is definitely important. Executive dress when meeting Presidents. Lots of cute 20 somethings marketing chicks in the office always! A visual delight. Diversity is not an issue. Creative expression is. Few racists are ad people. Learn about all sorts of topics. Learn how to assimilate diverse images and ideas and events. They all contribute. Learn about digital integration of all media and formats. Support free speech and privacy loudly. Thsi scene parties. Radio and Film lead in rehab dummies.
Compensation
I make $100K base. Will add another $100-120 in commissions in the fiscal year. Expensive benefits. No options in this private firm. I've done start-ups and had stock ownership and vesting. Sometimes it pays other times it's a bust. Hard to measure. Agencies fire people at will. Don not lose sight of this fact. Future commissions sometimes evaporatea long with your job. Learn how to measure worth and negotiate contracts. Do not trust any employer to care about your future. Ever.
Advice to Jobseekers
Great future here. The best ad people and Interactive media people make good dough. You can be entreprenurial and create your own business without huge capital investment. You get to do much more fun day to day activities than accountants, lawyers and engineers. Less threat of being outsourced. Concepts do not translate across borders very well. Tons of cute artist and account service chicks.

This Managing Director career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

Read all Vault Career Surveys for the inside scoop on specific jobs
Read Vault Employee Surveys for the inside scoop on specific employers
Read Vault Student/Alumni Surveys for the inside scoop on colleges and grad schools