What is the best career advice you ever received, and from whom?

Patrick surprised me by getting a site feature implemented within 36 hours of its suggestion (context here).

I want to test out the new feature where only Certified Users can respond, so I took a moment to think of a good question.

What is the best advice you ever got on your career, and what was your relationship with the person who shared it with you?

I can think of a great memory.

In my second internship (elite, white-shoe investment bank) I was formally paired with a Vice President in the group at the beginning of the summer through a 'speed dating' format event. The whole intern class sat in chairs for an hour and got to meet six employees who volunteered to be a mentor who rotated for ten minutes each.

He and I clicked immediately from the start. He was the second person to sit across from me and we ended up ignoring the rotation rules and goofed off for the following four slots. We just hit it off that well.

I did well that summer, but as we hit the ninth week I put out informal feelers toward some of the people I'd done work with. My summer had been a high volume of short-duration projects, nothing substantive I could sink my teeth into and really prove myself on, so I felt that my return decision was going to boil down to fit: how well people perceived me.

From some of my posts it's probably easy to ascertain that I didn't come from a privileged background. In hindsight, I can identify that that made me hyper-sensitive to how well I integrated. If you feel like a foreigner, you're naturally going to be more on your toes.

My worst fears were concerned when half a dozen of the Vice Presidents and Directors I spoke with looked up from their desks and spoke lackadaisically about their enthusiasm for my prospects in that group. I was gutted. I had genuinely worked hard, produced error-free product, and truly wanted it more than any other kid there.

I took the afternoon to collect my thoughts, then hit up my mentor. He huddled with me conspiratorially, listened for 90 seconds, and gave me one of the best gems I've ever received.

"This is really simple. You don't have a content problem, man. You have a marketing problem."

That was it. The work product wasn't the question; I had that cold. Regardless of how well I thought I'd shown people what I was about, I clearly hadn't shown what they needed to see. Life hack: people are looking for things -- you can win by demonstrating you're that thing.

It doesn't matter the arena: interviewing, working, dating, sales, it's all the same. You can get farther by showing how you match the heuristic someone's relying on, even if they have no idea what that heuristic is (or what a heuristic is).

We've all heard this a dozen different ways. "Perception is reality" or some other trite Instagram-ready byline. As a young adult though, I hadn't ever been in a professional setting where something I really cared about was on the line and people's perception mattered more than the hard facts.

With my friend's help, I went on a four-day charm offensive. We identified all the people I'd spoken to who weren't strong supporters, all the people I hadn't spoken to but felt might be in that same camp, and then (critically) anyone who we knew was an ally.

Then we shortlisted the ones he knew actually mattered come decision time, and then I went to work. I got one-on-ones with all of them (no more than two a day, and strategically calendared based on where they sat on the floor so it didn't look like I was just headhunting to curry favor before the shot clock expired).

I opened up with sincerity to explain a bit more about my background, where I was from, how I developed the interest in the job, what exactly I learned over the summer (about myself, not about the job), and how I looked forward to putting that to use if I returned.

I got the offer.

More importantly, I have my friend's short words of wisdom mentally tattooed at the front of my mind. In everything I've done since, I painstakingly invest mental energy in evaluating how the people I'm interacting with will perceive anything I do or say. I map this out in a turns-based way, building successive conditionalities where I am able to place probabilities on how each incremental step contributes toward my desired outcome.

This, in turn, has helped me move logarithmically faster through my career.

I'd love to hear stories from other working professionals, especially CompBanker (that'll probably take awhile ... ), @Layne Staley", TippyTop11, GridironCEO, takenotes08 (I may still owe you a PM, going back to check on that now), @Frank Slaughtery", @Going Concern", SSits, Dingdong08, BlackHat, BTbanker (get Certified, man), ArcherVice, GoodBread, shorttheworld, IlliniProgrammer, @In The Flesh", rufiolove, Frieds ... and anyone else who I apologize for forgetting.

@WallStreetOasis.com" Patrick, thanks for a fast turnaround getting the new site feature implemented. I'd love to hear from you too.

Comments (102)

Going Concern, what's your opinion? Comment below:

Not really a story, or even originally intended as career advice, but probably the best career advice I ever received was the following:

"You can't control something until you first understand it"

It was said by a well known hedge fund C level person that I heard speak in an intimate setting a few years ago. The context was not career oriented at all, but something clicked for me when I heard it, and I filed it away in my mental suitcase

It has been a cornerstone of my entire perspective ever since

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WallStreetOasis.com, what's your opinion? Comment below:

My traditional "career" was so short-lived that I can't pinpoint one specific piece of advice, but I can pinpoint several critical people that helped me end up where I am today (besides my family).

  1. Vice President at Rothschild that took me under his wing early on (after we had a few mediocre associates on the team - think HBS bullshitters with no hard skills trying to "guide" a liberal arts analyst (me) on how to model = disaster). He gave me a shot and realized I could learn fast if I was taught - in exchange I gave the firm and his deals 1.5yrs of 90+hr weeks

  2. Analyst in my class at Rothschild sat down with me an explained what private equity was, how to study for the interviews, what to expect, etc. He helped me land a PE job. Without him, I don't think it happens.

  3. Another analyst in my Rothschild class that help me stay in private equity after I had been fired 6 months into initial PE gig in Boston.

In short, those first few connections in my IB analyst class were critical to my overall career and life trajectory.

I think related to #2, I think the quote "You don't know what you don't know." is very relevant

Looking back, it's unbelievable to me how LATE I was on EVERYTHING....IB recruiting (never even had an IB internship), PE recruiting (didn't start until midway through my 2nd year) and even knowing what private equity was...and this was coming from a very privileged background. Great high school, great parents, great college...it just goes to show you how much it helps to seek out advice early (even as a cocky 18-20 year old) since there is likely a lot more out there that you don't even realize...

I've tried to take this approach to running WSO -- given how bad I was at mapping a path in my career, how far behind am I on running an online community and business? What am I missing and how can I keep WSO strong? This is what keeps me up at night. I don't know what I don't know and there is always someone coming to take your lunch in business -- so I better keep learning or die.

BobTheBaker, what's your opinion? Comment below:

My previous bosses sat me down and told me "we love your attitude and we like your work but watch what you say, you never know what can offend someone". I believe I made a joke about everyone who drives pick-up trucks being insufferable (so many truck douches in TX it's ridiculous). Even if it was a joke my bosses' dad owned a truck all his life, he wasn't offended but just used it as an example during a performance review. I don't take things too seriously and I'm not sensitive so I have to watch myself sometimes. Other than that I think it's mostly been learning from example, I don't really have any "mentors". Maybe that'll change.


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DickFuld, what's your opinion? Comment below:

"Never let your network go stale."

This was from my first MD after business school years after I worked for him sometime shortly after the global financial crisis. For context, he loved his firm so much that he was closed off to discussing all opportunities outside the firm and basically let all of his relationships prior to entering the firm wither away. He was at the firm somewhere around 15 years and loved every minute of it for the first 12 years. By the time he was in his mid-fifties, a new management team came in and wanted to go a different direction and marginalized him. Then laid him off in the middle of the global financial crisis. Now, he was trying to revitalize relationships that he hadn't spoken to in over a decade to get a new job and it wasn't helping much. He gave me this advice trying to ask me for a job. The other thing I learned was that no matter how much you make, you have to spend less than that to accumulate wealth. He didn't do that either, as he spent like a drunken sailor. He never really recovered. It was absolutely brutal.

So, the takeaway for me was to keep in contact with people you have worked with before because you never really know where your next opportunity will lie. If you have limited contact with your network, your opportunities will be similarly limited. I have sourced multiple jobs from my network since that time and spend at least a few hours a week simply reaching out to my network to hear how people are doing. If I have an opportunity for them or they have one for me, all the better.

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StaphyBone, what's your opinion? Comment below:

Not sure if this was the most important piece of advice. But this is what stuck out initially.

One of the first days at a new job my CIO took me out to lunch and after some regular relationship building the lunch finished with "remember everything you do matters, try to make everything matter when you do it. Treat your interactions with colleagues or superiors like it matters, your emails to team members or GP's like it matters, and your health, finances and personal relationships like they matter".

Simple advice but impactful. I've thought about that statement a lot since then.

ShelbyCompanyLimited, what's your opinion? Comment below:

One of the most influential pieces of advice I have received in my career thus far was something that was not even directed towards me.

I worked for a small investment firm out of undergrad that was going through a lot of changes (new partners, new fund, ton of fundraising, etc.). Coming out of school, I couldn't have been more pumped about the possibilities of what direction the firm (and myself) would be heading should everything go "as planned". Needless to say, after about a year or so of total mayhem, things were not working out.

There was this guy who I guess we'll call VP-level - right-hand man to the head honcho of the firm. Basically did everything the head guy asked but didn't really have any core skills/duties. He was the one I reported to on all my work and after awhile he became intolerable. Acted like he was responsible for sourcing every deal (only deal he ever sourced went to $0 in IB - and did!). It was during this mass-exodus of the firm when I heard one of the most insightful pieces of advice I don't think I will ever forget. It was after the VP had been canned (a surprise to no one but him) and he was on the phone with one of the partners who left. I could tell the genesis of the conversation was this VP asking the ex-partner for a job at his new venture.

The partner straight up told him: "In any business setting, you need to think about the value that you are adding. What are you bringing to the table that no one else is? I'm sorry to be the one to tell you this, but frankly you cannot add any meaningful value that either myself or someone else I am looking to bring on will have."

Ever since then I have always thought about what that means. It may sound simple, but obviously not everyone totally understands what adding value means. This guy was the epitome of someone who never took the time to acquire a core set of skills or develop a network that was self-sufficient. I hope to never be in that position no matter what - because it is not pretty.

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Anonymous Monkey, what's your opinion? Comment below:

"If you know yourself and what you're going to do, you'll leave a strong impression on everyone you meet."

This isn't career-oriented per se, but it came from my first exposure to formal networking and interviewing as a high school senior. I wanted very badly to study international relations at a certain university, so I signed up for a tour there. I didn't tour every school I was interested in, and got into a habit of emailing students and professors who were doing what I (thought I) wanted to do. This naturally extended to keeping in touch with my tour guide at my top-choice school. That, and he was just a really cool dude -- he didn't try to show off for the tour group or be anything other than himself (which, as a former university tour guide, I can say you don't see a lot of).

He was a young guy when we met (no older than 21), but he was very wise for his age and with a very strong sense of self. He was also very religious, and his faith guided a lot of his decisions in terms of hobbies, personal fulfillment, etc. I forget the exact context of what we were talking about when he told me the quote above, but the quote got stuck in the back of my mind since then and was only rooted out thanks to this thread.

This guy's whole approach to life was grounded in his becoming a better man for the greater glory of God (Ad maiorem Dei gloriam, as he would say), and ultimately, for himself to reach his potential. This was evident in everything about him, from his gait to his dedicated approach to his writing to his spending a large amount of time helping others (he volunteered at a homeless shelter and worked with the people there very closely) for its own sake, on top of his other commitments. He knew where he was going, what he was doing, and most importantly, why he was doing it. Did he have all the answers at 20/21? No, but he was ahead of 95%+ of his (and now, my) peers already, and that made a big impression on me even as a teenager.

I think in recent years, I got too caught up in the "path" we all talk about on WSO, which led me further from what I intuitively want for a chance at someone else's version of "success" (probably some marketing department's whose target audience is eager-beaver college seniors looking for a "prestigious" gig, to be frank). So I'm glad I ran into this thread; it certainly gave me a moment to stop and think about where I'm going and if it's where I actually want to be.

CompBanker, what's your opinion? Comment below:

Tons of good advice so far and I'm sure more to come. I've definitely received a whole host of good advice in my career so it is hard to pick the best. I guess what I'd offer up is the following, which isn't particularly insightful, but has been important for me:

Never burn bridges and always treat everyone with a respect. As you progress in your career, your peers and counter-parties will also be progressing in theirs. The analyst working your sell-side engagement may transition to the buy-side next year, may be in business school in three years, and may be a VP at a competitor PE firm in five. Before you know it, all of your peers will be influential members at their respective firms.

I've been working in the industry for 10+ years now and it is ridiculous how frequently I encounter folks that I've worked with or met before. I've also been asked on numerous occasions to provide an "off the record" reference for people I've worked with in the past. Some folks don't even know that I played a role in helping them get a job or secure an engagement. So it doesn't matter how much you hate someone, how dis-pleasurable it was working for someone, always resist the urge to tell them off. It is likely that your paths will cross again.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/

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23mich, what's your opinion? Comment below:

Learnings that have come to me both in the form of advice (though often more indirectly) and observation:

1) Good health - have a regular exercise routine and healthy diet. You'd be surprised the negative effect that poor habits outside of the office have on your work. By not neglecting your personal health, you have more energy and stamina to deal with the rigors of work.

2) Toxic colleagues - learn to read people early on and recognize individuals who bring negativity as part of who they are. For example, seeing the early signs of a potential asshole boss during the interview process will save you a lot of heartache down the road.

3) Over-communicate - Stay in touch with and update your co-workers throughout the process of whatever it is you're working on (deck, model, etc.). I think this has direct bearing on APAE's experience. Simply put, through regular interaction with your colleagues you create a trust and familiarity with them. So when your content is good, your marketing will be too.

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Anonymous Monkey, what's your opinion? Comment below:
2) Toxic colleagues - learn to read people early on and recognize individuals who bring negativity as part of who they are. For example, seeing the early signs of a potential asshole boss during the interview process will save you a lot of heartache down the road.

This this this! You can be happy cold-calling for kind people and suicidal working for toxic people who fight over the pettiest things. How do you screen for red flags early on?

RobberBaron123, what's your opinion? Comment below:

I was thinking this too. After my last role, I learned the value of stressing applicant due diligence. While impossible to know a person or company 100% in five rounds of interviews or fewer, there is a LOT that you can do to decrease the chances of taking a role at a dumpster fire. Make sure you reach out to former employees and make a true effort to hear from those that did/didn't enjoy their time.

TippyTop11, what's your opinion? Comment below:

Good list!

26 Broadway where's your sense of humor?
OverTheHedge, what's your opinion? Comment below:
  1. Never make the same mistake twice. Everyone expects someone new and without much experience to make a mistake here and there, but the worst thing you can do is be a "repeat offender". Be absolutely rigorous in understanding why you made the mistake you made, and how to prevent it from happening again.

  2. Set expectations. Not everything needs to be a fire drill, and I'd rather know I'm going to get something of exceptional quality a few minutes late than get something shoddily thrown together a day early.

West Coast Analyst, what's your opinion? Comment below:

This was a tough one for me to swallow but I constantly go back to it, but someone that I interviewed with told me fairly early on to never compare myself vs. another peer (when it comes to #s, promotions, etc). Gist is everyone got there because they all can do the job, and the moment you start comparing yourself to others is when you'll start feeling dissatisfied.

I think this also enabled me to not to keep up with the joneses, which is something i see way too often.

Another good career advice I got was to learn golf.

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rickle, what's your opinion? Comment below:

After 29 yrs of hardcore, commission based selling and agency building (no not IB but relevant nonetheless), a business coach shared this message:

4 keys to success in business and in life:

  1. Say please and thank you
  2. Show up on time
  3. Finish what you start4. Do what you say you will do!!!!!

So basic but so important. I highlight the last one because this is the key to being taken seriously. At whatever cost and however inconvenient, do what you say you are going to do. If it sucks, it's your fault for committing. People won't take you seriously if you don't follow through. Even socially. if you say you're going to a kid's birthday party (work colleague or anybody's kid), go no matter what. If you say you're going to meet someone for drinks, go no matter what.

Also from my dad, "Be the best at whatever you do, even if it means being the best garbage collector." So true

Fugue, what's your opinion? Comment below:

My father also always told me (as his father told him) "be the best at whatever you do - even if you are the garbage collector"

Words to live by.


Fugue, what's your opinion? Comment below:

Fantastic advice all around.

In my admittedly limited experience, I have found that perhaps more than anywhere else, in business, your reputation is of paramount importance.

I have seen people's professional prospects be derailed because of trivial mistakes. I have seen other people's serious mistakes result in little or no consequences to them. The difference in every case was whether and how their reputation preceded them.

People are skeptical - all the more so in business when the stakes are high. If you have a reputation for sloppiness, sloth, or anything else negative, every little error you make or difference in opinion you exhibit will be held up as "another nail in the coffin", and every success you make will be met with a sigh of relief. By contrast if you have a reputation for good work, talent, dedication, etc, the same mistakes etc will be regarded as hiccups undeserving of serious attention, and your triumphs will be regarded as another foundational stone in what will eventually become your throne.

Always consider how your actions impact your reputation. A reputation is a cumulative and compounding thing - if you don't invest in it early and often, it will be harder to catch up later, and you may not have enough of it to lean on when you need it most.


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Asymmetric, what's your opinion? Comment below:

Always be interviewing/networking. This might be fairly obvious to most of you on here, but is the most valuable piece of advice I've received. Before I heard this advice, I've always had a near-term motive for talking to a professional or peer.

Instead, it's better to catch up with people and see what's out there. Connecting over a longer span of time builds organic relationships, takes the pressure off of the conversations, and keeps you in touch with what's going on in your market and industry.

hominem, what's your opinion? Comment below:

"The most valuable skill you can have is learning to build relationships with those above you." Unless you work for yourself, you can advance only so far in your career based on your skills before you hit a ceiling. How far you go beyond that will depend on how much those above you are willing to pull you upwards and root for your success.

TheBuellerBanker, what's your opinion? Comment below:

Not exactly a single piece of advice I was given, but one of the most valuable things that happened to my career is owed to one man.

Was at a F500 for an internship and he was a c-level exec who gave a speech to the intern class. Being the shameless and hungry student I was, I relentlessly fought to get a meeting with him and finally got it after having him reschedule a thousand times. Walking into his office, I was able to sell myself as a scrappy and do-it-all type of kid and he staffed me on all kinds of project which were outside the scope of my original job title, proving that I was worthy of his word and recommendation.

Each assignment I was given within the company, I crushed and was finally able to see what he had done. The guy made me grind out great work while I was working with a massive chip on my shoulder being from a non-target etc. and helped me see that it really wasn't an impediment at all and that I wasn't much different than the kids who had more of a background advantage.

I was able to come to terms with his help, that all that mattered in my job search (he knew I wanted to get a job in IB) was a change in my attitude. This may not seem like a huge deal but in terms of the way I carried myself and in turn the way interviewers perceived me, it was a game changer.

I guess I was touched by his efforts to help me see myself in a more correct way and it's something I've tried to instill in every non-target student who networks with me. Can't stress enough to find a mentor who is willing to invest real time in you - it's really amazing what an attitude change can do for you.

I know this has some grammatical errors but wrote this in a hurry

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In The Flesh, what's your opinion? Comment below:

First off, apologies for being horribly late to this thread and to many others. I blame my pending nuptials and also having wso blocked at work.

Two things come to mind. First was from my first boss at my first job out of school. I asked a question about a meeting she had attended with other managers that was "above my pay grade." And we ended up chatting for 30 or 40 minutes while she drew out on the whiteboard everything they had discussed. When I said thanks for taking the time to explain all that, she said "you don't hit home runs if you don't swing. Don't ever hesitate to ask if you want to know something." Great life advice too.

And another from a more recent boss is "Don't be a button pusher." Understand why you're doing what you do and what those numbers and tasks represent. It's a way of not rendering yourself obsolete.

Metal. Music. Life. www.headofmetal.com
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dedline, what's your opinion? Comment below:
In The Flesh:
First off, apologies for being horribly late to this thread and to many others. I blame my pending nuptials and also having wso blocked at work.

Two things come to mind. First was from my first boss at my first job out of school. I asked a question about a meeting she had attended with other managers that was "above my pay grade." And we ended up chatting for 30 or 40 minutes while she drew out on the whiteboard everything they had discussed. When I said thanks for taking the time to explain all that, she said "you don't hit home runs if you don't swing. Don't ever hesitate to ask if you want to know something." Great life advice too.

And another from a more recent boss is "Don't be a button pusher." Understand why you're doing what you do and what those numbers and tasks represent. It's a way of not rendering yourself obsolete.

Number two, in so many words from an old mentor. He told me everything I learned in college was surface level and that I would never be able to quickly and dynamically think through problems without having a strong understanding of technical fundamentals.

All of my life trying to find the quickest repeatable patterns, flipped upside down. Always build a solid foundation and build from there. Not only does it save you a ton of time in the long run, you'll be legitimate when your counterparts may not be.

Layne Staley, what's your opinion? Comment below:

The best career advice I ever received is not all that different than what many others here have received, but I'm happy to share it and the story behind it.

(Also thanks to APAE for the prompt and the new CU format. I hope to see many more gold threads in the coming weeks.)

The advice was: if you excel at what you're doing, you will get the chance to excel at other things.

Here's the background: I was a lowly summer researcher in an engineering lab at a large state school over one of my college summers. The guy who was the head of the lab was a legend in the field, and had ~500+ publications to his name by that point. He wasn't just a paper-churner, though; he'd been a board member in industry, and part of government task forces, and had patents, and he was an MD/PhD, and had just a fabulous list of accomplishments.

During one of my mid-summer update meetings with him, I asked him how he'd gotten to do all of the wide array of things he'd gotten to do over his career, and how he'd prepared for them. It seemed like from one step to the next, it was all so elegantly crafted, as if the 5th experience was the perfect summation of his skill development from the first 4, and so on. I figured he'd started with a grand plan when he was 17 and ticked off items as he did them.

He laughed as hard as an 80-year-old academic could laugh, and said that nothing could be farther from the truth. He said that he was smart, and he was a hard worker, and so he picked a thing (first, medical school) and tried as hard as he could and did very well, and at the culmination of that, he had opportunities to do many things. So instead of agonizing over the "career trajectory," he picked one (a PhD program), worked as hard as he could, excelled again, and then had a new set of opportunities to pick from.

Especially to those picking the right preschool to maximize their Ivy chances, this all might sound a bit reactive. But the world his opportunities came from did not have any defined structure, as the field itself was being shaped by him and his contemporaries. And ultimately, he had the chance to pick the roles that he found interesting and rewarding, because he'd built a foundation for himself role by role that uniquely set him up to be valuable in that world.

I think we on this site, and those still on an educational track, adhere to a more structured career development paradigm because it provides an option to avoid the paralyzing prospect of unlimited opportunities. But trust me, kids, the structure ends, either as you age out of it or when your industry changes or the development paradigm shifts.

So for me, I use the advice as a reminder to balance the 10-year-planning for a moment with making sure that I'm doing what I can to excel in my current role, with the faith that good performance now will open doors later that don't even exist currently and I couldn't possibly have planned for beforehand.

"Son, life is hard. But it's harder if you're stupid." - my dad
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TheGrind, what's your opinion? Comment below:

Had to SB because THIS. So much THIS. A defined, specific path can be comforting, but it becomes frustrating as hell if you deviate or miss any steps along the way -which has been a recurring theme in many of the threads on here.

But the reality is if you put together a bulletproof body of work while remaining flexible and open, new/alternative opportunities materialize. I've essentially been winging it the past decade, but had some major wins simply because I remain location agnostic and embrace any chance to try something different. My personal motto when it comes to work is "so long as the check clears". Most of us aren't out here trying to cure cancer, so some perspective is in order.

That said, the most valuable skill I've picked up is selling. If I hadn't started off in that industry because every other door was closed, there's no way I could have persuaded/influenced people to take so many chances on me coming out of an extreme non-target - with no internship experience(!).

Which is why I'm often bemused by some of the threads that pop up. Great back office jobs but hate life if they're not in IB. Target schools but think an interview ding is the end of the world. Transferring from a top 10 to a top 5 school for better recruiting chances. Still in H.S. but want tips on Oil & Gas modeling. Cracks me up each time.

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LeChiffre, what's your opinion? Comment below:

Two good pieces of advice I've heard: - Proper planning and preparation prevents piss poor performance. - Work hard and take all the luck you can get.

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Whiskey5, what's your opinion? Comment below:

This is a really good list and great idea.

Here is mine: you are responsible for your own education and success, so be relentless

Getting into finance is easy. That's right. Getting into banking/private equity is "easy." Staying in it is extremely difficult. Therefore it is of my opinion, that if you are relentless in your pursuit to perfect your trade, whatever the profession, you will find success.

Additionally, I've also witnessed candidates and analysts simply not willing to put in the effort to learn, even when a tremendously hard-to-come by opportunity is essentially handed to them. It takes a lot more than smooth talk and bull shit to survive finance.

Simple As..., what's your opinion? Comment below:

APAE's post reminded me of Marc Andreessen's old blog post titled "The only thing that matters": https://pmarchive.com/guide_to_startups_part4.html

Otherwise, intellectual flexibility is a key to success in finance/business/life. There are many examples and smarter men than me have said this is the real takeaway from studying Warren Buffett.


Of course, I would just buy in scales.


See my WSO Blog | my AMA

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AmoryBlaine, what's your opinion? Comment below:

Advice from my favorite professor in undergrad - choose a boss and not a firm.

He was semi-retired after a long career in finance. Didn't appreciate how spot-on this advice was back then.

Early on in my career I was very focused on brand, but I am glad I followed my professor's advice. I have found that your interaction with your boss is likely to impact your career early on more than the firm/group itself. If your boss likes you, you will get staffed on more/better opportunities, have more responsibility and have an advocate in your corner come bonus/promotion time. This still remains true today after being in PE for numerous years. I have many friends who work at great firms that dread going into work because they don't see eye to eye with their bosses/teams. Numerous polls have shown that the majority of employee attrition is due to employees' direct supervisors and this is still true in finance.

CRE, what's your opinion? Comment below:

Two things:

Don't judge people without seeing things from their side first

A new property management company was interviewing for one of our upcoming deals. We all packed into the conference room - the head of the property management company, the head of the region, the VP of marketing, the regional manager, and the proposed property manager on their side and myself, my VP, and the two owners of my company on my side. The presentation was predictably boring, but they're a solid company, and my and my VP's assessment to the owners after the meeting was that the firm is fine, but the property manager was thoroughly unimpressive and wouldn't work. After all, these are supposed to be outgoing, bubbly people and she barely spoke two times during the two hour presentation.

My boss paused and said to look at it from where she was sitting - she was in a room with 4 of her bosses and 4 of their potential bosses. She was probably nervous as all hell and in a situation thoroughly removed from what her actual job would be. We didn't end up going with her still, but we definitely gave her another shot one on one with either of us - a situation far more relative to her position and one that, while still stressful, wasn't unnecessarily so.

Another one is:

There are a million reasons why something doesn't get accomplished, and only one reason it does

Meaning, you can make any excuse in the book for why something can't happen or didn't happen, and, as an intelligent and responsible person, your excuse a lot of the times is completely valid. Still, things need to be accomplished and the only reason they get accomplished is because someone accomplishes them. Someone finds a way to make it happen.

It's a mentality that has certainly stayed with me and makes me think about how to accomplish objectives, even with overwhelming adversity, as opposed to rationalizing why objectives can't be accomplished.

Commercial Real Estate Developer

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BatemanBatemanBateman, what's your opinion? Comment below:

Part advice / part story.

My first role after college was at a VC-funded tech-startup. Our CEO had sold his previous company for over $1b during the dot com bubble and was a all-time pioneer in the advertising/commerce space....point being, not some computer engineer with a pipe dream.

One day I saw him taking out the trash (again, startup) and I immediately jumped into action, "Oh no Mr. Smith (not his real name) let me take that out for you." He pulled the trash out of reach and said,

"I'll take out the trash, you go focus on serving our clients and working with our engineers. It's my job to do whatever I can in order to ensure that everybody here can spend as much time, energy, and effort working with one another to achieve our goals"

This ties into the 'pick your boss' advice from above. That day showed me the importance of leading by example, treating your subordinates with respect and emphasizing the importance of being a team-player. One day it might be you taking out the trash.

WidespreadPanic90, what's your opinion? Comment below:

My last commanding officer was a Civil War nerd like myself and when the context came up he always restated one of the best and oft forgotten Lincoln quotes, which was, "I do not like that man. I must get to know him better."

While that mindset is important for personal conduct, it becomes even more so when you're in a leadership position and creating a positive workplace environment. When you're responsible for a group's performance you can't let things that tick you off about a person get in the way and good leaders are the ones that build the bridges by finding the good in them and bringing that out. I do my best to live by that little quote both in and out of work.

"That was basically college for me, just ya know, fuckin' tourin' with Widespread Panic over the USA."

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In The Flesh, what's your opinion? Comment below:

One addition, though i forget where I heard it first: the old "dress for the job you want" maxim hasn't steered me wrong yet.

Metal. Music. Life. www.headofmetal.com
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TheGrind, what's your opinion? Comment below:

This isn't so much career advice but a great tip just for rapid learning and execution when you're new on the job.

Had a supervisor tell me to sneak in a micro recorder to meetings w/ our VP because he had a tendency to jump all over the place with his thoughts. It became a habit and now I walk out of meetings able to playback difficult concepts or steps to a process in order. It also reduces the number of times you need to ask the same question and makes your colleagues think you've got perfect recall!

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2rigged2fail, what's your opinion? Comment below:

ive been meaning to get one of these recorders, how much did you spend? any recommendations?

TheGrind, what's your opinion? Comment below:

I went for the cheapest thing that looked decent on Amazon. ~$30; I did check the reviews to see how far its range extended, though. But any of the $30 items should suffice.

  • 1
Frieds, what's your opinion? Comment below:

APAE First off, awesome idea - both for a certified user only response thread and the best career advice you ever received. The former is a great thing to have to help have curated content, which is definitely needed. The latter, I'm surprised this hasn't been asked before.

To you question, I have a few pieces of advice:

1) Listen. I can't stress that enough. It doesn't matter what you do, just listen to what people are saying to figure out what they truly want or need. Understand their position, put yourself in their position as best you can, and offer them the best advice that helps them out in their situation. Pitching an idea because it's the newest flavor of the week doesn't help anyone. Taking a step back, think about who your client is and, regardless of whether or not you are an Analyst or an MD, and ask if you are meeting their needs and delivering something that that you firmly believe meets their needs. Even if it's just listening to what the people above you want, it's about taking a step back, processing everything instead of running on autopilot, and thinking before you act. I know it's such a simple thing, but it's helped me more times than I can count to deliver results for clients.

2) ELI5 - For those of you who are unfamiliar, there's a board on Reddit called ELI5, or Explain Like I'm 5. Before I came across the board, I always thought it was supposed to be Explain Like I Have a GED. One of the first clients I dealt with was very successful but only had a high school diploma. The first time I met with him, I was presenting him with some analysis for an idea he asked my team to vet, and he stopped me 5 minutes in and said he only had his GED and that everything he learned came from experience. He asked me to explain the analysis to someone who only had a GED. It was an enlightening experience because it forced me to think about not only what I'm presenting, but how I present it. I began presenting to people as if they knew nothing about finance and only graduated high school. It made presentations much easier to do and I was able provide better advice and analysis to clients. I know you can say it's all about knowing your audience, but the further along I've gotten in my career, the more it holds true. The higher up you are, the further from the nitty gritty you are, and the more basic things need to be. Let everyone else ask questions and dictate the flow, but keep things simple and easy to understand and everything should go better.

3) Don't be the god damned Sheriff. This one is a little bit confusing and comes from a former colleague of mine. If you've ever seen a western, the sheriff in many movies is often a gunslinger who is the protagonist, and often the hero of the story. He comes in, saves the day, and then rides off into the sunset. We worked with a guy was often demanding, gave little credit, not even where it was due, and took the glory for himself. Mind you, I liked the guy because he was no-nonsense and straight forward whenever there wasn't something that was "urgent" on the table. Every time he gave an urgent project, he would demand we reorganize everything to make it work, come in, take all the credit, and then ride off into the sunset. Yes, as the senior man, it's your job to win the deal in front of the client, but not taking the time to show any appreciation or help in private can really be a drag on morale. Something as simple as a thank you or acknowledgement goes a long way to keeping the morale up and reminding people that they aren't just cogs in a machine.

I'm sure I have more, but that's all I have for the moment.

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APAE, what's your opinion? Comment below:

Thanks Frieds.

I'm really pleased seeing just how this thread turned out, then watching a couple others take off too (which I have been late to reply to, sorry @dcrowoar" and @Layne Staley") is awesome.

Your "ELI5" comment is on-point. I am continually amazed how permanently applicable the "KISS" (Keep It Simple, Stupid) acronym is.

I used to put an inordinate amount of effort into obsessing over all the minutia and intricate details of what, how, and why a transaction would or wouldn't work. Funny thing is, when you get in front of really senior, powerful people, they all want to go back to the basics. That

with Jeremy Irons in Margin Call is very apt.

I learned to work smarter and put the effort into simplifying the problem so people could then apply their intelligence to giving the hardest answers.

The best analogy I have for it is that grade-school math principle we all learned: LCM (least common multiple). Yeah, the math still has to work out, but if you can simplify the equation by boiling things down to their fundamental components, all of a sudden the problem gets way easier to solve.

Thanks for a great point.

I am permanently behind on PMs, it's not personal.

  • 5
RobberBaron123, what's your opinion? Comment below:

Probably not the best advice I've said or heard, but I personally think it belongs in here somewhere: experiences are more valuable than material possessions. Even though I can't keep an experience, there's something far more rewarding and fulfilling in saying that I climbed Everest or raised thousands or millions of dollars for a charity that I organized (hypothetical examples) compared to buying a Lambo or a house that's too big for me.

That and everybody wang chung tonight

SeekingAlphaMale, what's your opinion? Comment below:

Have you ever driven a lambo?

“I’m not fat. I’m cultivating mass.”
SkyNet, what's your opinion? Comment below:

A few pieces of advice that have served me well:

1) "Don't let them make their problem into your problem."

2) Context: When you are concerned about getting canned and are considering quitting, "Make them work for it."

Lawyer turned VC, turned banker, turned VC and never leaving again.
MrFiat, what's your opinion? Comment below:

When I was an intern with Philadelphia's branch of Blue Cross Blue Shield, called Independence Blue Cross in the city, we had a phenomenal team leading us. Everyone was very involved as the selection process was intense, and only .3 to .5% were selected, so we got great access to everyone.

The CMO gave a very compelling speech on what it means to be a professional one day to the group of 80 or so of us. Afterward, when I returned to my desk, I sent him an email asking if I could have 10 to 15 minutes of his time, whenever he could fit it in. He invited me to lunch the next day, to my great astonishment.

I scrambled to get some intelligent questions together as it was a shot in the dark with no planning.

During lunch, I asked some questions that must not have been that impactful as I forget most of them. Except one.

I asked "So you are in charge of 9 digit advertising/marketing budget, and you get new interns every year. Why did you think that it was important to meet with an intern that isn't even in you department?"

He said "Because you had the balls to ask. Let me tell you something: In business, no one will give you anything. You have to earn everything that you're worth"

And that has stuck with me ever since.

Hopefully you enjoyed the story! -AJL

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dazedmonk, what's your opinion? Comment below:

" 'If you're offered a seat on a rocket ship, get on, don't ask what seat.' - Eric Schmidt by way of Sheryl Sandberg.

To generalize, focus on being on the best platform, not having the best position/ title. This is especially true in finance, where people frequently 'trade down' (in terms of firm) for bigger titles/ raises. This sometimes makes sense, but all too often you end up wishing you'd taken the time to progress with the higher quality firm

  • 1
Winnfield, what's your opinion? Comment below:

As corny as it sounds, I've found that something my dad told me to be very true at work:

Work expands or contracts to consume all available time.

Basically, if it's important enough, you'll get it done despite seemingly impossible deadlines. And if you don't respect the work, the simplest of tasks will take all day.

I view it as advice because it isn't telling you what decision to make, but rather, what you should bear in mind when you plot out your time.

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.
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NESCAC, what's your opinion? Comment below:

Someone who had interviewed me for a job I didn't get a while back told me something that stuck with me to this day:

"Life is funny"

Sounds corny, but I tell that to every kid that I interview now. It's easy to get caught up in the rat-race, or think that you know what you want to do. Life works in mysterious ways and you never really "know". Became a lot more open to new experiences, regardless of if I thought they were "useful" or not.

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Disjoint, what's your opinion? Comment below:

From having fired people in the past:

Never take the first envelope you are being given when being let go. There is generally a second envelope, all you have to do is complain a little.

This guy I used to be friend when we were at the same level, never forgave me for becoming his boss and told me he would never respect me in my job as his boss. I did every thing to get him fired a month later. HR had a package of 3 months salary for him, and an extra month if he complained. All he had to do was say I want more, and I would have given him an extra month no questions asked. He didn't ask. End of.

Another advice: No one cares about you. No one cares about your problems.

Going Concern, what's your opinion? Comment below:
From having fired people in the past:

Never take the first envelope you are being given when being let go. There is generally a second envelope, all you have to do is complain a little.

This guy I used to be friend when we were at the same level, never forgave me for becoming his boss and told me he would never respect me in my job as his boss. I did every thing to get him fired a month later. HR had a package of 3 months salary for him, and an extra month if he complained. All he had to do was say I want more, and I would have given him an extra month no questions asked. He didn't ask. End of.

+1 for strangest career advice in thread. Seems a little odd to be walking around with an aggressive severance package response strategy all ready to go. Aside from the strangeness, I can't even see this working in the majority of instances. Didn't you say you work in an emerging market? What happens when there is no second envelope?

APAE, what's your opinion? Comment below:

Mimicking Disjoint's comment, you always push back on a severance package.

You don't realize how much leverage you have in that moment. They want you to walk out the door calmly. They want to avoid the legal headache of you litigating or dragging them into arbitration. They want to avoid the PR headache of a disgruntled employee bashing them in the public domain.

Sure, they can win the legal battle either on merit or by burying you in court costs. Sure, they can spin up a crisis response strategy to drown out whatever voice you have in the media or online. It's a massive pain in the ass, though, and they want the process to be over and done with as smoothly as possible.

This means that if you are looking at a document stating you get full benefits coverage for three months, an upfront check for three months' salary, and quarter-salary paid out biweekly for another three months after that ... you have zero downside at all to negotiating in whatever manner you best see fit for six months of benefits and an upfront check for twelve months' salary.

Worst case is you get laughed at right then and there. If you are, you can choose the carrot ("we both know how much of a headache dragging this out in a legal process would be, can we agree right now to what is not an unreasonable ask on my part") or the stick approach ("I am going to consult counsel right away; I believe you have acted in bad faith and are in violation of employment law X or Y and intend to escalate my response to this immediately").

You'd be surprised how well both of those work.

Best case is they agree to your counteroffer right then. Slightly-less-best case is they agree to it after a day or two, or they counteroffer to something in the middle. Either way, you're coming out ahead.

It's similar to a comp package as part of your offer for a new role. Do you automatically sign on the dotted line without counter-negotiating a bit? No, or at least no one smart ever does.

I am permanently behind on PMs, it's not personal.

  • 6
SeekingAlphaMale, what's your opinion? Comment below:

Somewhat related - I think the best career advice is understanding how important it is to recognize a great mentor when you see one and take advantage of that. I don't think searching for a mentor is the way to go, but instead realizing that a person you work with/for can help you in more ways than you can imagine, and going from there.

This seems like a constant in this thread is the

One of my clients is the CIO of a top tier P.E. shop. I didn't try to build a relationship with him based off of his position/influence, but naturally built a friendship that has paid off well. If he was an asshole, regardless of his position, I wouldn't respect him. I don't use him as a resource for job opportunities (yet), but instead use his vast knowledge and insight to better myself and my career trajectory. Having someone who you can speak openly with, who knows infinitely more than you gives you stability in a sense. Your wife/husband (equality!) can't generally relate to your career.

Obviously as the relationship develops you can start to speak more about positions a mentor may be able to help you get, but from my experience they will initiate that conversation.

“I’m not fat. I’m cultivating mass.”
  • 6
SeekingAlphaMale, what's your opinion? Comment below:

And to stick to the topic, 95% of the time HR isn't there to help you. They are there to protect and better the company; any complaints you have aren't going to make things better by bringing them up. And your boss will find out.

“I’m not fat. I’m cultivating mass.”
Chapel15, what's your opinion? Comment below:

My first job I was working in consulting. I had been staffed on two projects, both with one MD leading them. I got along great with him, was always impressed with how humble a person he was (38ish, making 7 figures yet lived in a modest town in a modest house with a minivan, stay-at-home wife, and 2 kids). I was 6.5 months into my first job and he called me into his office. Said, "I'm jumping to one of our clients (a bank), and I'd like you to come with me, but there is absolutely no pressure to do so as you'll continue to do well here without me." We then spent some time discussing the opportunity and his reasons for it and such. At the end of the discussion he reiterated why he was doing it and said this - "No matter what you're doing, if you look around at the people 2 and 3 rungs above you and you can't say you want to be like them at that age, you know it is time to move on."

MBAApply, what's your opinion? Comment below:
  1. In any work-related social event, the more junior you are, the more sober you should be. Same dynamic applies when drinking with customers/clients.

  2. Give praise in public; only give critical feedback in private. Not only is it the right thing to do (not being an asshole by showing people up), but it's good for business (folks are willing to be more honest with you and less likely to hide shit out of fear).

Alex Chu

  • 2
tamm, what's your opinion? Comment below:

Best and Worst Advice given during Undergraduate (Originally Posted: 10/04/2017)

Best advice given to me: if your college experience is the best 4 years of your life, you're doing something wrong.

Worst: party as much as you can, because when you graduate, you wont be able to.

Poes, what's your opinion? Comment below:

Best: Don't start your first year as a specific major. Soak in college as much as possible. It's your one chance to try everything you've been curious about.

Originally set out Marketing. Tried 6 different majors in between (Engineering, Accounting, Architecture, Design, Economics, Bio). Ended up back in Marketing with little doubt that it's the right mix for me.

Worst: 'Every grade counts. Never resign a class' No, it doesn't. Sometimes, you need to make priorities. I prioritized internships and being active in student clubs my final year over getting A's. Some might see it as a bad idea. But not only did I learn a ton of leadership experience, but employers cared a lot more about my internships than my pedestrian GPA. Looking for my 2nd job after college from a layoff, not a single employer cared about my GPA. But having a full year internship put me ahead of a lot of other candidates early in their career. Got to work for a dream company.

Isaiah_53_5 💎🙌💎🙌💎, what's your opinion? Comment below:

It's not getting paid 'well', not 'good', brosef.

"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

@_KrK, what's your opinion? Comment below:

Best Career Advice You've Received (Originally Posted: 12/15/2016)

With lots of kids on here trying to decide between SA offers or seniors about to graduate and deciding on FT offers, I thought that now might be a good time to create a forum for some of the more seasoned professionals on here to relay the best advice they've received that has shaped their career outlook.

Anon1254, what's your opinion? Comment below:

"Treat everyone with respect, don't compare yourself to others, don't be entitled, and put your head down and work your ass off".


differentialequations12, what's your opinion? Comment below:

In my workplace?

85% Sucking up and not looking stupid 10% typing random emails and 3% luck 2% actual ability

td12, what's your opinion? Comment below:

somebody once told me i wouldn't be able to get a job in the industry...

HowardRoark, what's your opinion? Comment below:

Best Career Advice Ever Received? (Originally Posted: 12/12/2012)

A recent discussion at this link began with the one of the most simple of business questions: what is the single greatest piece of career advice you've ever given?

Before revealing the responses, it's important for me to give a word of caution: before arbitrarily adopting anything that sounds enlightening, remember to think for yourself. Different people of varying industries, cultures, and age groups will find themselves at a number of unique stages and positions in life. Thus, the best thing to do is to consider such pieces of advice responsibly, and only implement it if it would improve your chances of reaching your personal goals.

With that said, some of my favorite responses:

Take Risks

Sometimes the best things in life are huge and terrifying, different and drenched with change, but they require you to take that step in the middle of one night. You click that button, fill out that form, make the call, send the email. Take the chance, take the risk and fail. Fail until you finally get the call back, which never comes to the very scared person who never filled out the application.

Start at the End

Pick where you want to live and the people you want to hang out with first. Then find a career that lets you do that.

Success is Evident

Make your record of accomplishments a matter of fact, not opinion.

I was somewhat disappointed to see my all time favorite piece of career advice not on that page. I came across it a few years ago when I had to read Stephen Covey's 7 Habits of Highly Effective People for a class project. Just six words long, this idea has enabled me to work past my limits and gain greater pride in my efforts. The quote?

Be a model, not a critic.

What is your favorite piece of career advice?

jacobzhang.net - my thoughts and portfolio.
"Money doesn't talk, it swears." - Bob Dylan

See my other WSO Blog posts

gh15, what's your opinion? Comment below:

1) "learn how to fail"

Look at Larry Fink, Jamie Dimon, James Gorman, Steve Jobs. All been fired before...and are now incredibly successful. Sometimes you get fired for being too successful because it causes others to fear you.

2) "find out what career you want, and not the jobs. The jobs will follow once you figure out what you want to do"

net shaker, what's your opinion? Comment below:

Never let someone else have more faith in you than you have in yourself

Soros, what's your opinion? Comment below:

One important quote I've heard is that if you were a publicly traded stock, how much would you be value yourself?

  • 1
Monozilla, what's your opinion? Comment below:

What's the best advice you've ever received? (Originally Posted: 04/19/2015)

These quotes and advises are picked from around +5000(actually don't remember well) comments of discussion "What was the best advice you've ever received?" published by Harvard Business Review Group. It took almost 3 hours to read all comments with endless "View previous # comments" links and I decided to copy all of them and delete "F" duplicates and categorize for my own use.

After reading all of them, I understand these advises could be divided into 9 main topics:

Life philosophy Vision and Dream Problem Solving Keep going Mistake Be brave Business relationship The team Be leader I know that you heard these words at least once in life, but I believe categorizing these words could give you more big picture. Also there are tons of books! If you think you are motivated enough and tired of these motivation BS I suggest you to just save your time! I find these quotes are the most boring and the most useful ones.

Life philosophy • We can learn how to live in the moment • Try not be a successful person, but a person of value • Always be true to yourself. • When people are planning, God is laughing" • Charity increases your wealth and respect. The more you give the more you get. • We walk through doors, stay a while, discover new doors and grow again to walk through other doors. Enjoy the journey...this is water! • Plan for the worst and hope for the best • To be born in a poor family is an act of God, but to die poor is an act of your own self Vision and Dream • Have a vision and make sure you communicate it • The distance between vision and reality is called action • I did it because I didn´t know it was impossible • A goal is a dream with a deadline • "You can't wait for your ship to sail in" you have to swim out to it. • "Your greatest challenge in life is living up to your own potential" • Vision without action is daydream. Action without vision is nightmare • The only thing worse than being blind is having sight and no vision. • The secret to success is constancy of purpose • You can only change the future... Problem solving • Plan the work and work the plan. • There seems to be some perverse human characteristic that likes to make easy things difficult." • Deep thinking will present the clearest picture of every problem.Hazrat Ali • Spend much time in defining the problem, and less time for finding the solution • Plan your work, work your plan • You can never solve a problem on the level on which it was created" Albert Einstein • Use extreme method to tackle extreme case! • The true sign of intelligence is not knowledge, but imagination." Albert Einstein • Read less, write more! and Plan less, Execute more. • The best is the enemy of the good! • Don't sweat the small stuff Keep going • Rolling Stone Gathers no Moss.... • Just "F" Do It • Be focused and do things with integrity.... • Excellence is not a skill it is an attitude • Perfect is better than done • Perfect is the enemy of good Mistake • God forgive but market never forgive • You can do 1000 things right but nobody will remember, but just make 1 error and people around you will remember it • Learn from your failures • Don't make the same mistake twice • Take risks but calculated risks! • If you are not falling, you are not jumping high enough To be brave • How to overcome stress and worries. Very simple first to know what is stress, stress is fear of negative thoughts and negative outcome, ask yourself what is the worst that can happen. prepare to accept the worst and try to improve on the worst. Secondly remind yourself of the exorbitant price you can pay for worry in terms of health bill, finally do what you need to do at the earliest so as to control damage. • Be comfortable with being uncomfortable • Remember courage is resistance to fear, mastery of fear and not absence of fear. Life is beautiful so never take stress. Stress and mental burdens are just temperory and it has no place in the beautiful mind. Business relationship • Business is all about results • Never simply show up with a problem. Always bring a suggested solution to the table as well. And make sure your solution is a win for everyone. • Give results, not reasons • Keep It Simple Stupid • It doesn't matter how hard you work, it's the results that count • Keep smiling, listen first - then talk, facts no rumors • Know your boss and know how to manage your boss • Become a trusted friend of a CEO - they are lonely people • When you present a business proposition always present two options. Don´t let the mind of people decide betwen yes or no • If you can't be on time, be early • Over-prepare, under-commit, over-deliver • You can either make someone else rich or make yourself rich • Work without love is slavery Team • Always bulid a team of equals or better • You are the average of five people you spend most time with • Network • Don`t take it personally • Perception is almost everything. Protect your reputation • Lions don't need to roar • Know where your friends are, Know where your enemies are, Know where your guns are Be leader • Don't react. Act! • Be proactive not reactive • Get to the decision maker • Being the best is more important than being first (Steve Jobs). • Best-First, Best, First • Your strength as a leader will be measured by the legacy of the people you leave behind

Dingdong08, what's your opinion? Comment below:

I'm not normally a fan of sound bites but:

-"Here's to alcohol: the cause of, and solution to, all of life's problems." Homer, in the Iliad, not the Odyssey.

-"I spent a lot of money on booze, birds and fast cars. The rest I just squandered." George Best

-"It's better to regret something you have done, than to regret something you haven't done." Butthole Surfers

Binary_Bankster, what's your opinion? Comment below:

Can this be the best advice ever given for you monkeys? I think yes.... (Originally Posted: 04/15/2012)

"Just do well in school, involve yourself in activities you enjoy, and if you are in college start networking with all types of careers. Not just finance.

The good grades and involvement will allow you to pursue multiple opportunities while networking will allow you to reach those opportunities."

This was given to me by a VC partner (not word for word but you know). It is true though, during your college career one may realize they enjoy something else or want to involve their self in a different career. The good grades/involvement/networking will allow one to do so.

Don't just network with finance people, network with everyone because you can always learn from someone

you're welcome

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
  • 1
Binary_Bankster, what's your opinion? Comment below:
seems more common sense than "best advice ever" to me...

Sometimes people lack common sense. I bet most people on this forum wouldn't pay attention to an alumnus out of finance

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
  • 1
BlackHat, what's your opinion? Comment below:

Best advice I ever got was about the 3 F's... Kind of hard to find anything better than that.

I hate victims who respect their executioners
cplpayne, what's your opinion? Comment below:
Best advice I ever got was about the 3 F's... Kind of hard to find anything better than that.

Find, Fuck, then Forget?

"One should recognize reality even when one doesn't like it, indeed, especially when one doesn't like it." - Charlie Munger
watever, what's your opinion? Comment below:

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Pitbull Class, what's your opinion? Comment below:

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Non consequatur est fugiat cupiditate rerum consequatur. Omnis cum et sint itaque et. Voluptatum labore asperiores laboriosam iusto. Ipsum enim culpa similique aut.

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Winners bring a bigger bag than you do. I have a degree in meritocracy.
InfoDominatrix, what's your opinion? Comment below:

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KOL A, what's your opinion? Comment below:

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Career Advancement Opportunities

December 2022 Investment Banking

  • Jefferies & Company (▲08) 99.6%
  • Lincoln International (= =) 99.3%
  • Financial Technology Partners (+ +) 98.9%
  • Evercore (▽01) 98.5%
  • Bank of America Merrill Lynch (▲01) 98.2%

Overall Employee Satisfaction

December 2022 Investment Banking

  • PJT Partners (= =) 99.6%
  • Evercore (▲02) 99.3%
  • Greenhill (▲05) 98.9%
  • Canaccord Genuity (▲15) 98.5%
  • William Blair (= =) 98.1%

Professional Growth Opportunities

December 2022 Investment Banking

  • PwC Corporate Finance (▲14) 99.6%
  • Lincoln International (▲03) 99.3%
  • Jefferies & Company (▲04) 98.9%
  • William Blair (▽02) 98.5%
  • Evercore (▽01) 98.2%

Total Avg Compensation

December 2022 Investment Banking

  • Director/MD (10) $613
  • Vice President (38) $392
  • Associates (220) $255
  • 2nd Year Analyst (139) $163
  • 3rd+ Year Analyst (19) $160
  • 1st Year Analyst (466) $153
  • Intern/Summer Associate (88) $151
  • Intern/Summer Analyst (337) $92