I have been messaging quite a few analysts and associates with strong response rates, but I don't know how they feel about this. Would you prefer if I reached out to you via email? Does this come across as a little unconventional/unprofessional? Again, due to the relatively high response rate, I feel that this is an acceptable means of initiating communication, but any feedback would be welcome.
Thanks to all in advance!
Is there any way to message them without connecting with them? I am only able to message people if I connect with them.
I think there is, but there's a limit to how many messages you can send. So, I typically just send them a connection request with a brief personalized message. Response rate has been pretty good so far, since I've mainly been reaching out to alumni, and I have several phone conversations lined up this & next week
I only reply if I know them. They come from the same area, similar schools, similar background. If it's a rando looking to use me to their advantage - nope.
Same. Also I reject invites that don't have some sort of personalized message.
Yeah right. You reject the invite of a prospective client if he doesn't send a personalized message... Gimme a break!
I'm a MM IB analyst. I understand the hustle and the effort, if maintained, will probably result in someone biting at the line. But, when I'm done with my day / work, the last thing I kinda want to do is stay in "work mode" by engaging solicitors, having a coffee chat or phone conversation about work. It's probably a jerk mentality not helping others more, but honestly I just want to enjoy the little personal time I have, and don't want to have anything more to do with work than needed. I'm sure others probably feel similarly and let's be honest - most people didn't get into this business because they are so charitable and altruistic. It would probably have to be a really strong connection (i.e. someone from my school, with a similar personal background) for me to really try and to go to bat for the person.
I'm a principal. I will generally talk to anyone that reaches out. More likely when I see they have good backgrounds.
One time, a fellow alumni (top 3 university) reached out and didn't really have a linear path to a PE spot. However, I was happy to connect with him. He did end up landing a gig in PE and left a few years later to go to a family office. Because of my relationship with him, the family office took our call when we were out fundraising and I landed our firm a significant new LP.
The point is, in a world of super talented people, you never know where people end up down the line. Plus, you might learn something from them too. As such, I'm always happy to talk to junior people who reach out.
Thank you for your comment, I really appreciate the insight from someone in your position
I was actually discussing this with people I work with the other day with mixed answers. Type 1) May not respond to cold email sent to their work email because their inbox is filled with work things, too busy, etc. But, with the purpose of LinkedIn being for networking, they'll check their LinkedIn every so often and will actually respond to requests (it also makes it easier to stalk the person's background when they message you on Linkedin than via email). Type 2) Don't respond because they are either not active on LInkedin or don't really respond to any cold networking requests.
So moral is, the type of people who are open to networking in general will not mind a Linkedin message and may in fact prefer it.
Personally, I prefer a cold email to a cold LinkedIn message/invite. After being at a non-target school for a year, I understand and respect the hustle needed to succeed, but I also don't necessarily want to connect with some rando before ever even talking to them.
Completely understand, thanks for you input.
I make the effort to reply/help everybody, I used to be in the same position and it is frustrating to be ignored
work in corpdev...i'm always down to chat with people who are hustlin as I was in the same position years ago. but don't schedule a call with me, then bail with no heads up, then hit me up a month later asking for another call...and that was an alumni.
Dear bankers, how often do you receive coldcalls from students and do you find it annoying? (Originally Posted: 11/16/2016)
I've never received a random call in the middle of the work day from a kid trying to break in. Is there a legitimate reason you can't e-mail them and properly set up a call when they have the time?
I've never received a cold call from an applicant and I'd find it very strange. I would not welcome it. I would auto-ding whoever did it.
Good etiquette and empathy suggest that you give your target discretion to refuse the call and, if they are happy to speak, leave them with control over timing of the call.
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