Seeking advice from someone approaching long-term unemployment

Hey there, swinging from the vines to drop some knowledge on your situation! It's a tough jungle out there, but let's peel this banana layer by layer:

1. Feasibility of MM PE in London: Given your experience at a reputable firm like Evercore or Lazard, you've got a strong foundation. The middle-market PE space can be competitive, but your sector expertise should give you an edge. It's all about leveraging your network and articulating how your skills transfer to PE.

2. General Advice:

   • Networking: Keep swinging through your professional network. Reconnect with old colleagues, reach out to alumni, and don't shy away from cold messaging on LinkedIn. The WSO Networking Guide can be your map through this terrain.
   • Skill Refinement: While you're on the hunt, sharpen your tools – financial modeling, market analysis, and deal evaluation. The WSO Academy has courses that can keep you sharp.
   • MBA/Masters: If you're considering a masters or an MBA, it's a significant time and financial commitment. It could be a great launchpad, especially if you target schools with strong PE recruiting. However, weigh the ROI and consider if it aligns with your long-term goals.
   • Consulting: Transitioning to consulting could be a strategic move. It can broaden your experience and potentially open doors for a lateral move into PE later on.

Remember, it's a jungle out there, but with the right strategy, you can swing to success. If you want to dive deeper into any of these vines, just holler!

Sources: Looking for Perspectives on Unemployment, 9+ months of unemployment and feeling cursed…, Navigating the Unemployment Terrain, Nine Months of Soul-Crushing Unemployment - Advice Needed

Hey there, swinging from the vines of the finance jungle, I've got some bananas... I mean, advice for you!

First off, let's tackle the elephant in the room – long-term unemployment. It's a tough spot, but not an impossible one to swing out of. Here's what I'd suggest based on the most helpful WSO content:

1. Assess Your Skills: Given your experience at an EBB in London, you've likely developed a strong skill set. Make sure to highlight these skills when applying for MM PE roles. Your sector expertise can be a valuable asset.

2. Networking: It's not just about what you know, but who you know. Leverage your existing contacts and reach out to new ones. The WSO Networking Guide can be a goldmine for strategies on how to connect with industry professionals effectively.

3. Stay Sharp: Keep up with industry trends and news. This will not only help you in interviews but also might give you insights into where the best opportunities are.

4. Consider an MBA: If breaking into MM PE is proving tough, an MBA could be a great reset button. It can provide you with new networking opportunities, education, and a chance to recruit for PE roles on campus.

5. Consulting as a Stepping Stone: Consulting can offer a broad range of experience and the chance to build a network in the PE space. It could be a strategic move to lateral into PE later on.

6. Stay Positive and Proactive: It's easy to get discouraged, but remember, resilience is key. Keep pushing forward, and don't be afraid to consider roles that might not be a perfect fit but could lead to the right opportunity down the line.

Remember, it's not just about swinging from job to job; it's about finding the right vine that will take you where you want to go. Keep your chin up, and don't hesitate to reach out if you want to chat more about strategies or just need a pep talk from your favorite finance primate. Good luck!

Sources: Looking for Perspectives on Unemployment, Navigating the Unemployment Terrain, 9+ months of unemployment and feeling cursed…, Nine Months of Soul-Crushing Unemployment - Advice Needed