Monkey to Millions | Grace (Session 14) - Accelerated Recruiting Update + New Resume Review - Jan 8, 2021
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In this session, Grace gives us an update on her accelerated recruiting processes with Moelis and Blackstone. Learn why networking early really does pay off and see how we make dramatic modifications to her resume now that she has IB internship experience.
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WSO Podcast (Episode 14) Transcript:
Patrick (CEO of WSO): [00:00:23] Hello and welcome, I'm Patrick Curtis, chief monkey of Wall Street Oasis, and this is monkey to millions. A show where you get a front row seat as I mentor young students and professionals to try and help them break into their dream jobs in the first cohort. You'll meet four students, all preparing for intense job interviews while trying to also balance a personal life and schoolwork. The goal of this show is to shine a light on the struggles of trying to break into competitive positions with a nontraditional background and to give you a roadmap for your own success. My hope is that as you get to know these four impressive students, you're inspired to dream big. Remember, these are real people, and this is their true story. Let's get to it. In this session, Grace gives us an update on her accelerated recruiting processes with Mollis and Blackstone. Learn why networking early really does pay off and see how we make dramatic modifications to her resume. Now that she has IBH internship experience, enjoy. All right, another session with grace here now in twenty one, so it'd be great if you had just give us an update. I think we spoke a little bit before thanksgiving And yeah, what's been going on since then?
Grace: [00:01:40] So I'm on winter break right now and my school actually extended our winter break and then they just took away our spring break. So now I have all of January off, which has been nice and I've been, I guess I've been to. I've been really, I think using my time while I've been keeping busy, but I've been taking the time to catch up with a lot of networking contacts. So I've made probably early last year around that time and catching up with them.
Patrick (CEO of WSO): [00:02:13] And then kind of also, do you mean I'm sorry kind of. When we first started talking, right?
Grace: [00:02:18] Yes, OK. So I've been catching up with a lot of those people and then also a lot of the firm's applications for their spring programs. Their sophomore programs have been opening up. So I'm starting to apply for a few of those and going through those processes. So like, I was just talking with someone from Mollis earlier and I'll be applying for their spring program and going through that process. So those interviews would be probably late January, early February and have it off.
Patrick (CEO of WSO): [00:02:54] Could you have like less stressful with school, with no school?
Grace: [00:02:58] Yes. And the good thing is now, I guess with all the interviews being virtual, it's a lot easier just to fit them in different parts. Since we don't have to go into the office for anything, yeah, it's never quite as inconvenient. Yeah, for sure.
Patrick (CEO of WSO): [00:03:11] Cool. That's awesome. So you have that most one lineup later this month. Remind me, you kind of accept it for this summer coming up already, right?
Grace: [00:03:20] Yes. So this summer, I'll be at City, and in the next probably month or two is when we'll be hearing more from them about which groups I'll be. And so because I'm part of their sophomore program, I'll be going through two to three product or coverage groups within investment banking. So when they'll assign us is probably going to be sometime in the next couple of months.
Patrick (CEO of WSO): [00:03:44] And it's a consider like a bond. Is it considered a fall in internship where
Grace: [00:03:48] You're actually doing so? It's still a summer analysts program. It's just for the sophomores. They structure it different a little bit differently.
Patrick (CEO of WSO): [00:03:54] Do you like, is it more like you're just watching what's going on or are you actually doing work? Do you feel like?
Grace: [00:04:00] I think it is actually doing work. And of course, if we're in person, then it will be a lot more so and that'll just be for everyone. But I think it's set up with the idea that as you saw, the sophomores can have more exposure to a few different groups and then you could come back your junior summer and you would be in one group the entire time. So that way it's becoming narrower, but you have more to choose from. In a sense, you have that better exposure as a sophomore and as part of the sophomore program, too. It's a lot smaller compared to the junior summer analyst class. So there's some things that we'll get to do like different networking sessions that are just for the sophomores. So I've heard really good things about the program, so I'm looking forward to it. I'm hoping that it will be in person.
Patrick (CEO of WSO): [00:04:51] Yeah. And then you had said, was it Blackstone or that was essentially you're in the process for that? Is that and the January as well?
Grace: [00:04:59] So that'll be probably a month or two later, OK?
Patrick (CEO of WSO): [00:05:03] I did that for junior summer.
Grace: [00:05:06] Yes, so that would be for 20, 20 summer of twenty two. Yeah. And I did that when the women's
Grace: [00:05:12] Program took place in November. And then the past month or so, I've been talking with people in different groups there and my torch was there.
Patrick (CEO of WSO): [00:05:21] Yeah, sorry. Go ahead.
Grace: [00:05:22] Go ahead. So I think I mentioned before, I'm really interested in their infrastructure group. That's my top choice. Yeah. So that's essentially what I'm doing in January is just talking with more people there in preparation for when that process really starts up or they're accelerated. Process will start up late February or early March with interviewed the different rounds of interviews taking place throughout March. Very cool, exciting. And in terms
Patrick (CEO of WSO): [00:05:47] Of the prep for that, are you feeling like you're getting are you able to do any mock interviews with anybody?
Grace: [00:05:55] I haven't yet, but the way it looks like is, especially with some of the phone calls I have coming up, I'll get a better sense of what exactly I should be doing. The Prep and I what resources I should use for that especially
Patrick (CEO of WSO): [00:06:09] Tell me how the networking kind of calls and emails are going now that you have the internship lined up already and all that stuff, I bet you it's better. I bet the response is great.
Grace: [00:06:16] Definitely. And at this point to a lot of the people I'm talking with are connections that I'm making through people have already talked with. So I'm seeing now how much you're paid off to be reaching out to people, even like the very beginning of my freshman year because someone who I met with early my freshman year just connected me with his sister, who works at Blackstone. And all I had to do was mention to him. I said, Oh, I'm going to be going through this process and a few months, and then he connected me with her. So it's a lot of connections through other connections, which I think are even better. And that was the same thing with the phone call I had earlier with someone at Mollis was because someone I'd already talked to connected me with her.
Patrick (CEO of WSO): [00:06:56] Yeah, it's all warm intros now,
Grace: [00:06:58] Exactly, which has been nice.
Patrick (CEO of WSO): [00:07:01] The hit rates nice and plus you're not asking for anything right now. You have the internship already lined up for the summer coming up. You're not like scrambling, so it's just it's a great leap to be in. So you're kind of it's interesting because when somebody is aggressive and starts early enough, this kind of just goes to show you how much of an advantage you have now. Because you have things lined up, you're now networking with nothing, you're not asking for anything, you're just trying to build relationships. So it's great because assuming you do decently well at the internship this summer, that could turn into a junior summer offer. But then you're going to have other places potentially are trying to give you junior summer offers before then. So hopefully that just keeps opening Up more doors and you can choose to kind of have your choice of what type of. Group you want to be in and what have you learned a little bit about, like the lifestyle of the infrastructure group and anything like that? Has anybody been honest with you about what it's like there?
Grace: [00:08:01] Are you talking about it, Blackstone?
Patrick (CEO of WSO): [00:08:02] Sorry. Yeah.
Grace: [00:08:05] Yeah. I mean, it sounds like it's I mean, even infrastructure or real estate, any of those groups, it's going to be long hours. It's a lot of work. But also, I think I've gotten a sense of especially in the infrastructure group because it's a newer group and it's a smaller group there. There's the dynamics of it and how the analysts work. And I guess the group dynamics I've gotten a good sense of. So I've heard a lot of positive things and even just from talking with other people, Blackstone, too, who have interactions with some of the different groups,
Patrick (CEO of WSO): [00:08:38] Are they doing decent deal flow that even though it's new?
Grace: [00:08:42] They're growing really quickly right now. It sounds like they've been adding a lot of new people.
Patrick (CEO of WSO): [00:08:46] Ok, good, good. You don't want to go to a group that's not doing good deal flow or ends up pitching all the time. So that's great to hear, it sounds like you're in a really good seat. All I would say is over these next three weeks before kind of you start doing some of these interviews is to do MOCS as many as possible and that could be with. Just friends, anybody who's willing or other you have other people at Fordham that are kind of going through the same thing right now. Yes. Can you connect with them to ask them, Hey, can we do some mock interviews on Zoom?
Grace: [00:09:20] Yes, and especially several underclassmen who have already gone through it.
Patrick (CEO of WSO): [00:09:24] I would highly recommend that and ask them if it's OK, if you record it and then watch it and they'll be like, Oh man, I could've done better than that. But that if you just force yourself to do like five of those just five in the next three weeks. So like one, every four days, you just force yourself to do that. That alone will prep you probably better than anything else because you'll be like, embarrassed the first time. I mean, you're already in pretty good shape. I remember we did it mock, but just it'll force you to study a little bit more. You won't want to be as rough around the edges. It'll make you a little bit more polished and then your answers. By the time the real thing comes around, you're not going to be looking for anything, it's going to be automatic. But really, I would aim for five. Ok. If you can't, he'd be half hour, it doesn't have to be like an hour long interview, it can be a half hour interview. Know, maybe you ask one person to give you more technical, another person to give you more behavioral. And don't underestimate the behavioral and making sure those are polished to
Grace: [00:10:22] Right.
Patrick (CEO of WSO): [00:10:23] Why this firm? Why this? You know why this group that questions
Grace: [00:10:29] Most of my almost my questions in my interviews for City, where behavioural. So I'm glad I had a lot of good practice through that too. Yeah, yeah, that was great.
Patrick (CEO of WSO): [00:10:38] Ok, so anything I can help with, I mean, I think that's my only advice. I mean, you're kind of coming up. It's great that you have this time. Just use it easy, really, to prep for the interview so that you're really comfortable going in and like you already have an internship lined up. So you're coming from like a position of confidence. You should not be intimidated at all. And that's the beauty of it is you can really come into it almost like it's just a conversation like any one of your other networking conversations. Right? Just be ready to answer. Like if they want to throw a technical at you, just be ready for it and not flustered, you know what I mean? Yes, come with that confidence that you come with, like, especially over a Zoom video conference, you show a little bit more enthusiasm than you would normally in person because it's such a like with a screen, it's hard to it comes across. You almost come across or anybody comes across more kind of just less excited. I was reading a thread on Debbie said the other day about this guy said he didn't have enough energy in the interview process. Like they're like, you have to go. You have to go a little bit more like higher energy on zooms like smile, more like make better eye contact with the camera. So it's more like you're looking at them rather than like if you have, you don't want to be like this talking, right? So little things like that can matter. But just make sure you have.
Patrick (CEO of WSO): [00:11:51] Make sure you definitely have enough energy. Make sure you're positive. Excited about the firm, excited about the group, excited about the opportunity to work with really smart people. And if you get those points across and you kind of explain kind of your situation, I think a lot of firms are going to be interested in giving you bring you in for the spring weeks or whatnot.
Grace: [00:12:15] Mm hmm. Definitely.
Patrick (CEO of WSO): [00:12:16] That'd be fun. Anything I can help with, like I can't believe it's almost it's twenty one and like, you're going to be done with sophomore year. It's nice. It's not so far gone by with such a crazy year, but um yeah, anything I can help with kind of as you approach these, do you want to do a mark with me before? Did you feel like you're in good shape?
Grace: [00:12:39] Well, first I was going to ask just to look over my resume. I've updated a little bit. Sure. So after this semester and then recently, someone affordable who works at a small private equity shop asked me to send my resume for possibly getting involved junior year of recruiting. So he had mentioned putting my city position on there, even though I haven't started yet, just to put the incoming to show I have that I can share my screen. Yeah, I just added that in and then I made a few changes to my bullet points for what I have from my bakery internship right now.
Patrick (CEO of WSO): [00:13:20] So I'm looking. So you guys, you still have Fortnum up at the top. It's fine.
Grace: [00:13:26] I didn't really change much of this. I mean, I updated my GPA and then
Patrick (CEO of WSO): [00:13:30] Horrible GPA, by the way. How do you think? Is it three, nine seven? It's like one a minus or something? Yeah, it helped that last spring semester of last year. We could pass fail certain classes if we wanted to. So I did that with a few and then I got
Grace: [00:13:48] All A's this semester, so that boosted it a lot. It's great, that's great. Ok, so
Patrick (CEO of WSO): [00:13:55] Three, nine, seven, yeah, I'd put a little more space between your education and experience, if you can. It looks a little crunched under honors. Just visually, it's like so the big sections give me a little bit more space there. Like double the height on the yeah, I think
Grace: [00:14:12] It was small size there. Yeah, I've been playing around with it a lot because it keeps racing traffic.
Patrick (CEO of WSO): [00:14:18] You can always take off like a point one from the margins and stuff like that. You need to say, OK, Citibank and coming at us and banking analyst summer. Twenty one. Great. Ok, yeah, I agree with that. I don't think that's bad. What else did you change in this, just that?
Grace: [00:14:38] And then these bullet points under berkrey? I think what I think the second and third one are the same is what I had, but then I changed this one because I figured if I could talk about or mention one specific deal that I worked most heavily on, that was good. But you can let me know if you think there's a better.
Patrick (CEO of WSO): [00:15:00] Yeah, I actually think what would make this resume strong? Can you scroll down a little bit? Team Advisor, Yeah, so I think, you know, it would make this resume a lot stronger for banking and finance. Mm hmm. Is if you move the John Hopkins stuff to almost like an additional information section, which will give you a ton more space. Did you only work on that one deal with berkrey or?
Grace: [00:15:25] I've worked on a lot of smaller ones, but this is the one where I had the most involvement and the most responsible.
Patrick (CEO of WSO): [00:15:32] So but my point is you could create a selected transaction experience section,
Grace: [00:15:37] Ok, because a lot of them were things that either haven't closed yet or OK pending died halfway through
Patrick (CEO of WSO): [00:15:43] That, you could say, you can say didn't close, you know, but the whole point is to be able to talk about them like as long as you know those deals, if you know, even if it's just too, you could have the see the to the second and third bullet, create pitch books and perform initial. You keep those two. But instead of having that, that two line bullet at the top then have a line that's called selected transaction experience. And you say enterprise software, Europe based enterprise survey software business in Europe. What would it be sell side, this is on sell side engagement, you know, so and then you'd say under that, you could say, you know. Plant and produce executive summary, slide buyers or less, one page business overview is that all you did there? Did you any modeling or anything with them? Any evaluation?
Grace: [00:16:34] Nothing concrete that I could really mention.
Patrick (CEO of WSO): [00:16:38] And you know, do you know what the valuation was and what those analyses looked like
Grace: [00:16:44] When they were for this specific transaction?
Patrick (CEO of WSO): [00:16:47] Yes, I could. I would kind of fudge that a little bit. I mean, you don't just say you did it like you could say, you could say just like you reviewed or something like that, help to reveal the valuation. So just know it well. So if they ask you what was the what did the president transactions look like? What did the trading comps look like at the time? When you're doing the analysis, just make sure you have an answer for that. Okay, but that'll let you put in like some of the key terms like valuation, these trading comps precedent transactions in DCF. Okay. And then make sure you know those for this deal. Make sure you know and then maybe one other. So you just have to select the transactions. You'll get a lot more space if you move the Teen Advisory Council and the medical school, that's very like it's screaming like medicine to me, which makes me a little nervous and it's taking up almost half of your experience,
Grace: [00:17:39] Right? I keep it on there just because people always ask me about it. And it's one of those things that people say makes me stand out, especially with someone. Someone's just skimming a resume.
Patrick (CEO of WSO): [00:17:49] No, it's good. So I think it's great, especially the address. I just think we can we can condense it, you know what I mean?
Grace: [00:17:57] Right? So I moved. I've over time, I've removed and condense the bullet points, especially under this one.
Patrick (CEO of WSO): [00:18:04] Well, yeah, now you have more relevant stuff. So like I think the address, one hundred fifty, like maybe get rid. Maybe could we combine them so? So you could say John Hopkins Teen Advisory Council. Let's look last time. Patient class and white coat recipient. Um, I'm trying to think of how we could maybe combine them. This is an award almost right, that John Hopkins made kind
Grace: [00:18:31] Of yeah, it was like a recognition in a way.
Patrick (CEO of WSO): [00:18:35] Yeah, so that I almost feel like if you go scrolling or additional information, oftentimes people under certifications, you could have a certifications in awards there and you're a little light there on the certification with only boomer market concepts. So you could do award certification, you could say honorary patient class member or a white coat recipient or John Hopkins, you know what I mean right there? Mm hmm.
Grace: [00:18:56] Um, and then just move this bullet point.
Patrick (CEO of WSO): [00:18:59] Well, not the whole bullet, but you could say just over 700 medical students in parentheses. Just like that. Okay? And then the people add, people will ask you about that. People go to the additional information almost to just sessions will be like, What was that about? You presented a 700, you know what I mean? Right. So that'll still come up a lot in the thing. It'll still make you stand out, but then it's going to give your resume a little bit more breathing room up on the site to allow you to do the selected transaction experiences. Get the key terms in there, which I think will be really make you. We'll make the resume look very like fine, Nancy, and like, oh, she knows how to structure it. You know what I mean?
Grace: [00:19:38] Don't think
Patrick (CEO of WSO): [00:19:39] Because you may be hurting you without you knowing around having to John Hopkins things having because they may think, Oh, why is she going premed? You know what I mean? I don't know if you had that question before, but
Grace: [00:19:51] No, I think not yet. I think I'm able to offset that because everything up here is all business really true? That's true. Yeah, that's fair.
Grace: [00:20:00] So for this selected transaction experience, would that be something where I had one line saying just that and then some bullets or those two different examples?
Patrick (CEO of WSO): [00:20:10] Yeah, let me get I'll you. There's an experienced resume template from W. So okay, it's free out there. I don't know where it is. I can find it on my computer, but it's basically experienced deals resume template and it'll show you how to do the selected transaction experience. It's basically just a new line with an underlined italicize like selected transaction experience, colon. And then you have like two or three bullets there, but typically you'll have like one or two bullets on the general things you did. So like create pitch books for M&A to form additional financial analysis and media companies less than 10 million revenue seeking
buyer. So like that would be your first two bullets and then you'd have like selected transaction experience and then you'd be like more specific. It would be like, you know, three hundred million dollars or whatever, one hundred million dollar survey software data. So it's good to have like the dollar amounts in there
Grace: [00:21:03] If you can, even if they're really small.
Patrick (CEO of WSO): [00:21:06] How small it's the media, the survey site writer,
Grace: [00:21:09] Their revenue or their EBITA was maybe
Patrick (CEO of WSO): [00:21:12] Two point five million. That's really small.
Grace: [00:21:15] Yeah, it was really. It was just me and my MD.
Patrick (CEO of WSO): [00:21:19] No, it's fair. It's fair. No, it's OK. Yeah, maybe not.
Grace: [00:21:25] Maybe not for like both of the yeah, and then for the other example, it's something similar. Even though that was a transaction, the other one that I was going to include was a transaction that did close. But again, it was very, very small.
Patrick (CEO of WSO): [00:21:38] It's OK, but maybe just say enterprise. Don't even say enterprise survey software, just the enterprise software your space enterprise software dash know in parentheses. Sell side. And did it? Did it close?
Grace: [00:21:52] That one did not that one spending,
Patrick (CEO of WSO): [00:21:55] You could say, in process or pending, and, you know, just figure out a way, I'll get that, I'll get that template over you because you'll see some are saying pending. Stay close. And then from there, you can just say what you did under what your responsibilities were. Ok. But I would try to add like at least something with like help, valuation or reviewed valuation just to have the word valuation, DCF precedent and trading comps in there. Mm hmm. Ok. And make sure city you do some of that. You can,
Grace: [00:22:24] Right? Because all the valuation for what I've worked on, at least it's just been president. Like nothing. I haven't done anything
Patrick (CEO of WSO): [00:22:31] Dcfs that's OK. So just say precedent, precedent, transaction analysis, help prepare the transaction or help review first and transaction analysis. Okay. I don't think you're going to be mad at that. It's like, you do it, you know what I mean? Right? So that'll just help. It just helps with just getting keywords in there so that like somebody glancing through your resume would be like, Oh, she has two transactions, OK, she did that. It just makes it look even more financing, more business, more IP. And mentally, it says, OK, she knows how to like, sell her sell, basically sell herself as a banking analyst. Okay, which is good. So. And you say create pitch books for M&A transactions, so what were you doing in those if you weren't doing any evaluation?
Grace: [00:23:17] It was more the qualitative aspect, more qualitative
Patrick (CEO of WSO): [00:23:21] Stuff, OK? Like industry and
Grace: [00:23:23] Exactly industry research, that kind of thing. Ok.
Patrick (CEO of WSO): [00:23:28] Yeah, it feel free to send it to me, I'll take a look offline, okay? Once that selected transaction experience is Atticus, and once you figure out what to do with the John Hopkins
Grace: [00:23:36] Today,
Patrick (CEO of WSO): [00:23:38] You may want to just. One thing you could do if you want to leave the teen Advisory Council is just that just removes that bullet. Ok. And keep the I think the hundred fifty plus hospital leaders are still the most impressive. And then the awards, you could put it down in the additional information. Mm hmm. Ok. All right. That patient class member, you could just call a white coat recipient because otherwise it gets really long. Mm hmm. Right. John Hopkins white coat recipient and people aren't going to know what the honorary patient class. You can just say what it is. Ok? I always tell people like with their title is and what they're like, but the title is I have a new mentee, by the way, names Victor and he's like, my title was he's a much older guy who graduated undergrad at like 30 or whatever. He's trying to get an IB. And he was saying how? It was like a linguist, something it was like, I'm like, no one knows what that means, like no one's going to know this. I'm like, just say you were a language specialist like our language, you know, analysis or like analyst because, you know, like seven languages and stuff. So. Huh. So I was like, just change the name and like, nobody cared. Like, no one's going to come back to you and say, that's not the official title. They just do it so that the reader can understand what it was. Same thing with like, you don't have to have like the whole thing, like honorary patient class member and white could just have white coat recipient. And then that's going to trigger a question and then you can go into. Ok. How many people get the white coat recipient?
Grace: [00:25:06] It's just one each year.
Patrick (CEO of WSO): [00:25:08] That's a pretty big deal out of how many people?
Grace: [00:25:11] Um, there's not really a. But is it a. It's more of an arbitrary process for how they select someone? It was more of like they had seen me in my prior
Grace: [00:25:21] Speaking engagements, and I've been active on the council for a while. So then someone kind of picked me out.
Patrick (CEO of WSO): [00:25:32] Because I would love if there is something more.
Grace: [00:25:35] Because I didn't it wasn't something I applied for, I didn't even know about it until they came to me one time and said, Are you interested in doing this?
Patrick (CEO of WSO): [00:25:43] And so what do you have to do something to get it?
Grace: [00:25:46] No, that's it's not like there's criteria to get it, because it's all just a recognition for what and my it was all the people had seen me in my prior speaking engagements, such as the one I mentioned here. And then also just my other work on the council as an active member and someone who represented the council at various events and to various departments of the hospital. And so the school
Patrick (CEO of WSO): [00:26:13] Gives you that as an
Grace: [00:26:16] Honor. So the medical school working closely with the hospital, then someone there identified me and invited me to do that.
Patrick (CEO of WSO): [00:26:30] So, yeah, so if you can't put a hard thing on it, it's OK. So, oh, the other stuff in that financial modeling? You may want to put a number of hours down there.
Grace: [00:26:43] Oh, right. I've mentioned that before.
Patrick (CEO of WSO): [00:26:46] Yeah. Just to just to quantify a little bit more over under 100 hours of self teaching, using whatever mom seminars, all of that valuation. Three statement, I would also include DCF down there. Ok. I would include. Have you done any LBO? No, any M&A courses. Have you done our part? Ok. After these interviews to strengthen your resume for. Junior year, I want to be able to add M&A and LBO there as well, so it'll be something I'll be like, go take the divorce courses and just, you can put it there. Ok? Because I think it'll help just make you even more have more of the keywords in there. Make it even more focused. Mm hmm. Okay. Sound good? Yes. Sounds good. Ok, so yeah, just send it to me. You know, whatever next week, whenever you're done with it and it's looking really good, it's looking great. I think just getting this like the transaction experience in there and moving some of the hopping stuff so that you have that room to keep it to one page will be really good.
Grace: [00:28:01] Ok, great. Thank you. Yeah, good to have that.
Patrick (CEO of WSO): [00:28:04] Congrats on the GPA that's going to hurt you. That three nine seven minus it actually might help you.
Grace: [00:28:10] Right. Because I guess it looks better almost than a forearm.
Patrick (CEO of WSO): [00:28:13] Yeah, because if you had four oh in high school and four on college and be like, Oh, whatever, this person's going to be boring. But if you have four oh in high school and you're like three, nine seven, they might actually make fun of you a little bit joke around with you. And it's kind of a funny. They like your GPA is horrible, but it's good shows you're like. You know, it's OK, you're not so because at a foro, you don't know how extreme somebody is. Mm hmm.
Patrick (CEO of WSO): [00:28:39] Think of it that way at a fora where the scale can't go any higher, you don't know how extreme or if the person is imbalanced. Mm hmm. Whereas if you're seven, you're like, OK, so you're like riding on that edge where you probably could have gotten a furrow, but you're doing other stuff outside of just only study.
Grace: [00:28:56] That's good. Mm-hmm. Yeah. It probably will it'll change a little bit next semester.
Patrick (CEO of WSO): [00:29:03] We'll see, okay, if it goes down a little bit. Yeah, it goes to three eight. It's not a big deal. It starts going down to three, six, three five. Then I would be like, You know, you may be hurting yourself a little bit at that point. At this point, I have a good cushion. You do. You're in good shape. And plus everything so early nowadays that you're going to get all your jobs for post-graduation before, even like within a year.
Grace: [00:29:24] Right, exactly. My last three semesters, I'll hopefully
Patrick (CEO of WSO): [00:29:28] You won't have to worry, which will be awesome. That'll be the best, the best time. And you better actually enjoy your senior year and stuff. Ok. Um. That's it for me. Is that it from you?
Grace: [00:29:43] I think so.
Patrick (CEO of WSO): [00:29:43] Okay. I'll look forward to that new resume. I think it's going to look great once you get that deal experience in there and then you just make sure if you do write that stuff around the precedent transactions that you reviewed and review before the interviews or whomever you send it out to if they don't have that. But it's still good to know like, OK, what were the range is or which ones did you watch presidents? Did you include why? Why didn't you include this one? Stuff like that. Being able to speak to that? Ok, yeah. Will actually look really impressive. Ok. Did you have to make any adjustments to the president transactions? Why impairments, you know, restructuring charges, legal costs, one time, one offs, one time fee, you know, stuff like that, if you're able to talk about that in detail. So don't just glance at it, actually look at it and know it. And then for the other deal, the second deal that you said closed, but it was really small.
Grace: [00:30:34] Mm hmm. And yeah, there wasn't as much that I did on that one. So I helped with research for the buyer's list and making the teaser document. But because it was such a small thing, we didn't make any kind of sim for them. It was more just the company had their own prepared executive summary So. There again, there wasn't. And it'll be a little repetitive of some of the things I did on the first one. The other example?
Patrick (CEO of WSO): [00:31:01] Yeah, well, maybe what you do get quite as involved. Yeah, maybe on the first one that you're a little more involved than you use, like the transaction and the stuff and the other. And then you save a few of the things for the second one. Right. That can be a little overlapping. You don't want to say the same exact thing on each. Right? Ok, if that makes sense. But I'll take a look once you send it to me and I'll give you my feedback on that.
Grace: [00:31:20] And you said that template is on most releases.
Patrick (CEO of WSO): [00:31:23] Yeah, it's somewhere free. Let me look it up right now, Google. Let me see if I can find it.
Grace: [00:31:27] I feel like I have seen that in-store experience.
Patrick (CEO of WSO): [00:31:32] I be resume template. Let me see if this works doubly so all the way, so templates. Here we go. Private equity must make a resume template. I don't know if this has the. Transaction experience. I will find it for you if it's not here. Here we go. Uh, go to this link. If you're looking for an arrest and making arrests and have a little experience, here you go. I know it looks like it's redirecting me to the same one. That's not good. I believe you, I can find it. Uh, but yeah, I'll let me uh, we'll call this this this session, and I'll find it for you right now. Ok. Ok, that sounds good. Thank you. Thanks, Grace. Talk soon.
Grace: [00:32:20] Have a good weekend. Yeah, you
Patrick (CEO of WSO): [00:32:21] Too. And thanks to you, my listeners at Wall Street Oasis. If you have any suggestions whatsoever, please don't hesitate to send them my way. Patrick at Wall Street Oasis. And till next time.
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