Pros
You are free to make decisions on a daily basis, just make it happen. The roadblocks are many in this industry but they do not come from management. You must manage your own destiny and work hard. If you are taking the right actions, you will receive time in return in order to be successful. Like anything good and worthwhile - it takes time.
Cons
Like most other industries, this one is very competitive. But with challenge, success is sweeter-