Can't Keep Doing This

Have been searching for two years now, while holding a temp for a bit. I am open to all different investment roles in my geography. I feel so depressed after getting good internships and networking as hard as possible. All I hear is the market will get better "in a few months", only for a bigger shock to happen. I am having really dark thoughts and don't know what to do if firms aren't hiring. I feel like such a loser that can't get their life going.

3 Comments
 

It’s clear you’re going through a tough time, and it’s important to acknowledge that your feelings are valid. Based on the most helpful WSO content, here are some actionable steps and advice that might help you regain momentum:

  1. Reframe Your Approach:

    • Consider targeting smaller firms or boutiques in your area. As shared in WSO threads, some users found success by Googling "investment banking + City" or "private equity + City" and reaching out directly. Even unpaid or reduced-rate opportunities can provide valuable experience and open doors.
  2. Cold Outreach:

    • Cold emailing recruiting firms or professionals in your desired field can yield unexpected opportunities. Personalize your emails, highlight your relevant experience, and express genuine interest in their work.
  3. Expand Your Options:

    • If full-time roles seem out of reach, explore internships or part-time positions. While not ideal, they can help you build skills, expand your network, and keep you engaged in the industry.
  4. Skill Development:

    • Use this time to refine technical skills like financial modeling or tools like Argus. Many WSO users recommend focusing on areas where you can stand out during interviews.
  5. Networking:

    • Tap into alumni databases, LinkedIn, or even local community events. Building relationships takes time, but persistence often pays off. Remember, networking isn’t just about asking for jobs—it’s about building genuine connections.
  6. Mental Health:

    • Your well-being is critical. If you’re having dark thoughts, please seek professional help or talk to someone you trust. Many WSO users have shared similar struggles, and seeking support is a sign of strength, not weakness.
  7. Stay Persistent:

    • Stories on WSO highlight that many professionals faced long periods of rejection before breaking through. For example, one user spent nine months networking full-time before landing their first role. It’s tough, but perseverance can make a difference.
  8. Creative Strategies:

    • Some users have taken bold steps, like visiting firms in person to hand out resumes or finding unique ways to stand out. While unconventional, these approaches can sometimes catch the right person’s attention.

Remember, you’re not alone in this struggle. Many have been in your shoes and eventually found their way. Keep pushing forward, and don’t hesitate to lean on your network or professional resources for support. If you need more specific advice, feel free to ask!

Sources: Honestly it is feeling hopeless, https://www.wallstreetoasis.com/forum/job-search/depressed-in-debt-and-unemployed-i-cant-go-on-much-longer-than-this?customgpt=1, Laid off, Depressed and Giving up..., Navigating the Unemployment Terrain, Depressed from recruiting

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Same boat. Nothing to add but there are many like us. We are at the painful path in the career where you have to believe in yourself when no one else does. 

 

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