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Most “finance” mentors (especially one with no ft experience) are probably a scam (services don’t match anywhere near the value you are getting). Just utilize your school’s investment clubs and alumni. The difference in spending thousands on a mentor vs doing it yourself is marginal. Especially the guy you mentioned, who is still a student. The services he offers and literally free at your school’s investment clubs if you are coming from a semi target/target. I’m not sure what advice he could provide besides network (which is common sense), mock interviews (which you can pretty much access for free through friends, student clubs, alumni) and study technicals (biws and literally free and distributed everywhere and there also free technical prep sites). The only benefit I can see this being for are people coming from total non-targets - otherwise I completely think you’re doing it to yourself by paying for the individuals’ advertised services. The only way I would pay anything to a “finance” mentor is if they offer one-on-one in-depth technical training, which this person doesn’t have enough experience for I’m almost positive or if they provide access to their network of Ib/pe/whatever finance professionals.

 

I took a look more into his profile and this guy is literally running up a Sam Shiah 2.0. Incredibly great business model but very predatory in my opinion. Literally makes constant posts over-exaggerating the difficulty and steps you need to take to break into the industry, almost playing it like you need this guy’s services to break into the industry/you actually will have a high chance of breaking in with his help. I assume this guy is probably running insane numbers in recurring revenue from desperate non-targets, students looking to break into Ib, and students with too much money to spend either in freshman/entering sophomore year. I’d also make a case that there are individuals out of school looking to break in that are blowing money on his services. And this stream of revenue just continues running annually every year because there will always be new people desperate to break into the industry and it will only grow as his engagement numbers grow.

 

People are paying for mentorship?

In the age of search engines? On the one hand, it's bad, but on the other, if there are people capable of getting owned like this, maybe they should be?

 

If you're gullible enough to pay for mentorship you don't belong in this industry. It's its own sorting mechanism. A kind of Darwinism for professionals when you think about it.

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 
mcblin

Agreed that paying for mentorship is stupid, but we gotta normalize posting said person's name lol they're a literal business that provided a bad service, we gotta know who to avoid

Yeah why not state his name on here?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Because that's considered doxxing which is against the TOS and will result in the thread immediately getting taken down. It's happened before.

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

I think knowledge about financial investment cannot be measured by money. It depends on the personalities and conversations between two people. If the conversation between two people is pleasant and they can become good friends, then I can share any information and investment for free. It has nothing to do with money.

 

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