blogging my bb ib internship experience interested
Got the feedback I wanted and think it's best that this topic end as it is spurring a lot of emotionally charged responses. Thanks again!
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Why are you charging for this?
Besides the reasons I already listed in my original post, there is no product like it currently on the market. Why charge for an interview guide? Resume review? Modeling courses?
What makes you so special that people would be willing to pay for it exactly?
I would be interested but only if the charge is a one time fee. I can't stand month to month type fees and would say no to that. Also the price should be something reasonable, like around $20-$25, and you would have to start selling the blog at least a third or preferably halfway through your experience so that there is something substantive to go through as soon as the customer pays. It would be unsettling to pay at the start of your experience and then have to forget about it for a few weeks before being able to read anything. I feel like most students are more interested in getting the job and planning exit opps, because once you're there then it is expected that you will work as hard as possible in order to get the FT offer. However, something like you mentioned would be a fun read, kind of like how monkey business gives outsiders a better view of the inside of the industry, and so it should be marketed towards everyone in general as opposed to just college students (the key being that you need to get your $$ for your venture by selling to lots of people, as opposed to charging too much for us broke college students!) Hope this helps and I'd love a PM if this ends up becoming a reality!
A detailed, inside look; a look that nobody else would be willing to provide because they actually want to work in IB and wouldn't be willing to take a risk this large. I can cover technical topics the way they're realistically executed on the floor and from the perspective of the intern's role.
Besides the obvious, I've noticed that the other interns are overwhelmingly type-A personalities who like to be prepared for every little thing. I can cover how to solicit feedback, knowing where exactly you rank among your intern class throughout the summer, small routine steps one can take to secure an offer throughout the summer despite not being the strongest technically, managing people and expectations (especially of those you are staffed with), competition among interns, and so on.
I completed an IB internship last summer and this is exactly the type of product I would have wanted. As great as a modeling course is, I would have much preferred to know how to crush my internship by having every little detail available to me. And a live blog provides the opportunity of live Q&A: any little question you've ever had or want me to find out.
Yes, a one time flat fee in the ballpark you suggested is exactly what I was thinking.
Sounds like you'd be the intern version of Greg Smith...
You claim to be taking a large risk. What about all the guys who have done an analyst stint who are no longer in banking? Regarding your other points: I wouldn't take technical advice from an intern; and there are already plenty of excellent Q&As on this board.
Not trying to hate, but seriously, don't waste your time.
Would love to read... for free
So you'd like to charge people to read about your experience while you've been regularly browsing through WSO (and used the free tips you got to get your internship)? Interesting. Giving back what a community has given you does not seem to be part of your interests.
SA and college students won't pay for such a blog because there are many free blogs on that topic.
I've purchased plenty from WSO and provided higher quality advice than a large majority on this forum considering I'm a college student with a bit of actual experience with the internship and interview process for SAs. I am very grateful for the information I've received from certified users however.
Thanks for your feedback.
You are basically going to charge for what is already available for free on WSO. Most people on here with any real experience give a pretty accurate portrayal of what it's like.
A daily in the weeds breakdown of what a summer analyst does or sees is going to be pretty boring. Lots of spent the day turning comments on this pitch book...now on v62. Furthermore SA are rarely involved in any of the technical aspects of the job, outside of some basic model or comps maintenance.
Wouldn't even read it for free, let alone if you charged poor college students for it.
Dude, I can get the same story for free from my friends...lol
You should know that besides being unethical and fireable, you could get sued for charging money for this content.
Honestly, I wouldn't pay for it. I'd rather network or just read the news than spend time reading a paid blog about an SA experience. I don't think any information you could give would help someone in an interview. At least, nothing that people on here haven't already mentioned. And of course once you start your SA experience, assuming you have networked or can make friends with some analysts who were previously SA, you can just get free advice from them.
gotta be honest. my own experience as a SA was boring as shit except for the HR open bar events. It's an office, just like any other. There's really no tricks to it.
Yeah I would definitely read it if there was no charge, but I'm not going to pay for something that wouldn't benefit me in the future. Most people on the IB forum know they want to do IB and, thus, a Summer Analyst gig. If I can read it , great, if I can't.....well.......I guess my prospective BB SA experience will be more of a suprise.
You're providing an 'inside look' yet not revealing your firm and group?
Would definitely read if free. Would possibly pay a one-off reasonable charge if relevant (ie. firm, group are the same)
So revealing firm would change things?
firm category and division you are in.
Another question: in a product like this, would you be reading for educational purposes on technicals, logistics, etc. of the summer or for the story (bankers, other interns, events, summer reviews, deals and projects)?
How do we know you're not full of shit?
both. but probably mainly the story as I can get the rest elsewhere.
Will you be killing a hooker?
Pic of the training materials? Name tag (without my name of course..)? Very easy.
Right. For example, some of the more interesting things from my past summer were the completely bitter outgoing 2nd yr analysts I sat with, an extremely neurotic director I was staffed under, a sponsor project, the interns that didn't get offers, group and intern booze-fueled outings, the secretaries, etc.
yes. post to prove truth is necessary.
sounds good.
aw shiiieeeettt we got a tryhard
http://www.youtube.com/embed/9o7LPaMqFP8
gonna be so awesome when this douchebag gets fired for trying to make a few hundred off revealing confidential information
In sum: all the information that you so claim will provide is readily available already on WSO, M&I, and other websites via Google.
There are plenty of "day in the life" accounts all over the web. Would I pay for this? Sorry, but absolutely not.
You have an idea here that needs to be developed more. You got some good responses and a lot of retarded ones. I recommend focusing on the story. If people were willing to buy monkey business then there's little reason you can't sell a similar work about the summer analyst experience for a small sum. I would have liked to have something like this to know whether I might even like IB or not, and especially before my internship.
You already generated interest on a half-baked idea. If two out of however many on this thread are willing to buy, then imagine if you mass marketed it after putting some real effort into the idea. Most ideas, especially those that go against the grain, are initially met overwhelmingly with negative responses anyway.
My $0.02.
Your advice is sound. But I must counter. You are not accounting for internet culture. To the common poster, trying to make a community pay to read about an experience they helped you get is like giving them a middle finger while fucking their mother. You also forget is that is takes one bitter poster to pay for the blog, start a free website, and reblog every work he writes to completely derail his idea. This is why netiquette is important.
I would never pay for this blog, just because I think a random student expecting others to be willing to pay to hear you speak (or type) is incredibly narcissistic and asinine. Or absolutely pathetic. Pick one.
I'm sorry you feel this way and I probably wouldn't be able to sway you anyways, but how different is it from just compiling the work into a PDF and selling it as an ebook?
Regardless, if your comments on netiquette is how the majority feels on the topic then I can just have this thread deleted and be on my way.
Depends what/how well you write and how useful it ultimately is, along with its cost. I wouldn't pay 20 bucks when I can buy a full size book. Also, you're just a summer analyst. How many blog posts do you really think you can make? 5? 10? 20? None of those numbers seem particularly appealing
So I'm gathering that it would be useful to release preview content?
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