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- Can I just ask a Friend to Help me Prepare for Private Equity Interviews?
Can I just ask a Friend to Help me Prepare for Private Equity Interviews?
Last week I found myself in Vail and Breckenridge for the week — aside from adoring the natural beauty (I will write a post about that later), I was trying my hand at learning how to snowboard. 🏂
I’m lucky that the couple friends I had with me were quite experienced within the sport. They helped me with the basics for sure i.e. how to choose the right boots/board, how to strap in, how to think about making S’s within the snow, basics around heeling and carving. It was great and fine Day 1 until I really started catching a couple edges and falling (basically wiping out). Also when you fall at age 30, stuff hurts.
How much are you spending on skiing/snowboarding trips this year? |
I slowly came to the realization that the tact and style that worked for one friend of mine didn’t work for the other. Everyone had their own tips & tricks and ways of doing things. I had a couple of friends that had been snowboarding since they were children… others had picked up along the way since they were natural skateboarders. Basically everyone had their own way of going down the mountain.
Somehow what they were doing (and telling me to do) just didn’t really work for me.
What I needed was standardized basics from someone who was good at teaching the sport. What I really needed was a coach.
I’m not saying I needed an all-time $1000/hour Professional (this isn’t Private Equity recruiting after all where I could convert my snowboarding hobby into a $350,000 snowboarding gig🥲). I just needed someone good enough at helping a variety of skill-levels get on the board and stay on the board (while controlling speed down the 🗻).
The reality is we live in a world where there’s very little room for error these days… we’re either invested in doing something 100% or probably shouldn’t even try to do it at <100% — why? Because competition is at 110%, there are people out there fully-vested looking to beat you at your own game. Maybe they don’t have access to the resources you do or maybe they’re taking on DEBT to get access to the resources you do because they are THAT committed to betting on themselves and making sure they win. 💯
Excuse my language here (and snowboarding aside) —but when the **** did this world get so competitive in EVERYTHING WE DO!? While I am all about believing and trusting in yourself, in this case I would argue — you not taking on a coach for something that your genuinely passionate about AND that has MASSIVE upside in you doing well in is a mistake (i.e. a career with a potential for millions of dollars of carried interest on the Buyside).
Whether it be career coaching, gym/student-athletic coaching, or just simply put counseling or therapy for a relationship you value — the question is how much do you care? How much do you care to level-up in your career, how much do you care to PREVENT INJURY while training your body, and how much do you value that relationship to look to save/maintain/grow it?
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Are you focused on recruiting in 2024?Results stay anonymous |
Learning how to get the interview is part of the prep.
“Can I just break into investment banking or private equity?” I’ve gotten the question a couple of times from various individuals (call it individuals later in their careers that want to switch into investment banking or private equity)… Now for them I can’t just recommend purchasing our $255 Investment Banking Course or our $299 Private Equity Course… A Course is just not simply going to get you a job, it just won’t. You having a job in a related field or going in as an intern to full-time — now that might.
Individuals looking to break into investment banking or private equity/growth equity/hedge funds/corporate development coming in from non-traditional backgrounds should understand that getting someone to listen to your story is all part of the prep. Learning how to get the interview is part of the prep.
Interviewing is part art, part science. Understanding the technicals is the part that’s more on the art side. Getting someone to listen to your story, understand why you might be a fit, understand why your non-traditional background might work for their institution or for the institution that they’re running a mandate for is the part of the interview that is more of the art than science. And this is where a Coach comes in. A Coach will help you (especially one that comes in from a non-target background) to rehearse your story, to give you an understanding of how much volume you should be pushing when it comes to outreach, and how to differentiate yourself when it comes to the Target-Competition.
What sort of opportunities are you looking to pursue in 2024? |
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