Electronic Networking Fri, 9 Jan 2004 06:31:29 +0000

Hello again folks...
I can't believe it! I just logged into Ryze and LinkedIn. Both of these are e-networking arenas. You should see the amount of press and support venture capitalists are starting to give to these social networking ventures. In just two days I've already begun to build up a reservoir of connections!

Just a reminder for those who don't know - certain names and content in this blog are disguised.

Accomplished today:
  • Logged in and updated profiles on 3 e-networking venues
  • Installed Netmap's new passwordTracker password storage software (not yet released, but there are lots of free ones out there..pick and choose)
  • Received over four connection emails from people on these networks already, sent out two contact requests.
  • Updated myself on upcoming networking events in the local area.


Art
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First Steps In My Campaign Wed, 7 Jan 2004 21:47:26 +0000

As you may already know - I`m looking in the financial sector for a new opportunity. I`ve decided by first tracking my progress and setting up an organizational tool/functionality to make sure I can search for the right job. Of course, since I work here at Netmap Software, I`ve put my effort into using our tool for job campaigns. My boss tells me I can continue this blog even after I leave if I want, so for those interested in watching this campaign expand, this may be interesting.

My first steps follow the principles outlined in the recent book/document/manuscript that`s coming out by Ananda Chakravarty - The Job Campaign - Systematic Steps to Finding a Job Using Your Personal Network.

Ananda outlines some clear cut procedures in what I should be doing in the various phases of my job search - first off, he mentions that my first phase is mostly research and discovery. It`s tied into developing the target companies that I think are appropriate for me. So I`ll be investigating companies first. I know what kind of work I`m interested in already - Ibanking, particularly Research work in Equity Research, so that`s where I`ll concentrate my attention. So my first step is to learn more about the industry, the various tasks and jobs, and some of the major players here.

Today I looked up some of the top guns in the i-banking industry to see what kinds of firms are notable. The names Goldman Sachs, Credit Suisse First Boston, Bank of America, Morgan Stanley, Citigroup, Merrill Lynch, and Wachovia came up many times on my hit list as I sought out strong firms that were in this industry. Several snags also came up as I search the hiring processes for these firms. Most of them hire on campus. For someone who is not necessarily in this field, there will be an uphill battle. However, I have a couple of `foot-in-the-door` advantages - I do have an MBA. Although it concentrates on high tech instead of finance, it still provides me with some level of credibility. Unfortunately, it`s not an ivy league school from which I graduated - so the going gets rougher. I`m trying to find out more about some of the smaller players in the same I-banking space that can give me more advantages. This means perhaps more working hours or higher performance once on the job, but the opportunities to meet with higher level executives, work with dealmakers and rainmakers, and really be a contributing part of the team may compensate for greater work levels and slightly less salary. We`ll have to see what firms fit this bill - including boutique and specialty firms. That`s a next step for me.

My to-do list:

  • Find network contacts in the industry
  • Attend industry based networking events
  • Research boutique and specialty I-banking firms
  • Read more about the life and times of the typical Equity Research analyst/associate


Research Sites:
vault.com
wetfeet.com
jobsinthemoney.com

Art
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Preparing My Job Campaign Sun, 4 Jan 2004 00:04:49 +0000

Hello everyone, this is Art here. I`m just about to recharge and begin my job campaign once more. Let me start by filling in some of the details about me and my job search efforts.

I`m a transitioning job seeker with background in mechanical engineering and some web development. Recently completed a part-time/executive MBA from NU with concentration in high tech in Massachusetts and am now looking for an opportunity that will let me extend my skill set further. I have over 10 years of experience in systems engineering and have worked with large firms like Raytheon and others. But... I`m looking for a job in the investment banking sector now and that means I have to build up my new network and take advantage of people I know.

Art
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