The Gift of Mentorship

“2009 was not a great year to graduate.” The long-tenured VP at a major energy firm shook his head as we discussed that year’s job market. “My life has taken a different path than I originally thought, but it sure has made me tougher and stronger.” I replied.

This website is full of young people struggling, like I did, to really begin the career they want. Our generation has a bad habit of looking to the internet for instant answers to life’s difficult questions. The internet is great for solving bar arguments or finding great deals on air travel, but you need more firepower for serious professional issues. You need a mentor.

Mentorship comes up most often in the context of older people in your industry or even your own company, but it can truly be any more senior working professional. In my case, I was lucky enough to make friends with an older gentleman who would often buy lunch at the bar where I worked. Chatting up the regulars was just my nature, but little did I know of this man’s future significance. We soon became friends, and I began asking him questions about career-related topics. I figured he was a good person to ask, as this man had a law degree and an MBA from top-7 schools (I know I just gave all you prestige fans out there a stiffie), followed by a stint in the Army JAG and then 40+ years as a highly respected local attorney. The best part was, he “saw a lot of himself in me,” and he was interested in seeing me succeed. I had found my mentor (and I didn’t have to send one unsolicited email via LinkedIn).

I had struggled during and after college with major family issues and illnesses and having someone that I respected and trusted outside of my family and peers was very helpful. My mentor had had similar difficulties in his lifetime and was able to provide a lot of helpful perspective and advice. As for my career, he began to introduce me to his professional friends in various industries related to business and finance. When it comes to successful networking, there truly is NOTHING like having someone respected vouch for you.

Now I had someone to review my resumes and cover letters (apparently writing legal documents and arguing cases for 40 years makes someone pretty good at word choice), and to coach me on interview skills and professional behavior protocol. This meant I didn’t have to learn things the hard way by screwing up or committing faux pas during interviews.

My mentor often stressed two important virtues: patience and perseverance. This was very appropriate to my situation at the time, as working in a bar while holding a public ivy B.S. was making me anxious and desperate. One day, during a casual conversation with another friendly regular, I learned of an opportunity at a big engineering firm. I had had some engineering internships, a technical degree, and some finance classes, and would be a reasonably good fit for the job. I had my mentor review my resume and help me write my cover letter, and coach me one last time before the interview. Just three business days after the interview, I received the offer. No more cleaning puke up in the bathroom and no more kicking bums out of the bar. I was free, and, finally, I had begun the career I wanted.

It didn’t take long after beginning work when I really started showing my true career potential. Working long nights in a bar teaches you a lot about people skills, working under pressure, and keeping your cool even if you want to do bad things to the person across from you (I’m sure all of us in a corporate environment can appreciate these skills). Having to work for $2.65 an hour plus tips also gives you tremendous drive, as I would often say to myself “I remember what it’s like to be broke, and I am NEVER going back!” My career began growing rapidly, and I started receiving emails and phone calls from headhunters from across the country.

Given where I was back then and where my career is now headed, I will never forget the boost that I got from my mentor. I “found” my mentor just by striking up a conversation in a bar, so I know that all you friendly monkeys out there can find someone to believe in you, too.

 

Great story man. Glad you got on track and able to escape the bar scene...I have a couple friends working at the local bars and I can see it takes a huge toll on them.

I love hearing stories like this about how people can meet someone that will drastically change their lives for the better at the most random places at the most random times. It's funny how life works.

What are you doing at the engineering firm? Do you like it? And also, what are some of the "lawyer" words that he helped you implement into your resume to replace the overused phrases that you can find in everyone's resume?

 
Best Response

"Hmm, great post. Just one question though, since this is generally a finance-related site, are you looking to get into banking after the internship with the engineering firm?" - ChunkyMonkey

It's not an internship, it's a very very good full time job. And yes, I am considering finance and trading later on down the line. It would be easy to transition to finance considering that I do modeling all day and work with very big purchase orders. Working on the commercial side in a F500 company is a great gig, not only for the technical and modeling experience, but because you get to see all aspects of the product development cycle. This is very good experience to draw on when you are, later on, evaluating a company's future investing potential.

Plato, you're spot on. Too often people get caught in this email-and-cold calling mindset. Spending five minutes making small talk at the right time with the right people will do more than sending a hundred cold resumes. I've done both!

And, yes, while this particular mentor helped me get a financial engineering position, the lesson learned here is universal across all industries. When I make a career change, I will still be calling on my friends to help me out.

"Death smiles at us all. All a man can do is smile back."
 

Dignissimos est maiores eum totam ipsum tempore corrupti. Minima sint eveniet aut pariatur. Temporibus nam alias velit mollitia quisquam voluptas. Numquam natus quia ipsum consequatur ipsam vel.

In animi modi magnam inventore necessitatibus ad recusandae nobis. Et quas fugit quisquam iusto sit sed id. Esse exercitationem error earum temporibus nam. Libero fugit doloremque eveniet quia quae voluptatem iste.

Et nisi voluptatem perferendis voluptatibus. Id recusandae mollitia ipsam sunt. Quia omnis reiciendis cum sit delectus cum reiciendis. Et id autem fuga non. Nesciunt omnis laboriosam magni impedit reprehenderit omnis temporibus dolores.

"There are three ways to make a living in this business: be first, be smarter, or cheat."

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”