Hey guys- trying to find my next move in my job career. Ended up with a Developer and it really just isn't anything I expected. Lots of sitting around and doing nothing. No training, modeling or anything. Looking to learn more and take on way more responsibility. So I am curious where you guys are looking for jobs, etc
-
I have been networking hard - applying for jobs online while following up with poster and messaging them. This has been okay, probably a 10-20% rate. I have gotten some interviews off just random applications but that isn't seeming to be my best bet.
-
I don't have a big alumni group in the RE sector so can't use that to my benefit.
-
I have looked on select leaders, LinkedIn, Indeed. I have noticed that SL is the only site with relevant jobs. The search platform for LinkedIn and Indeed is very poor and always pulls random jobs that don't even pertain to me. Are there really that little of jobs out there?
At the end of the day I am looking to get into another Development Analyst position, Acquisitions Analyst, or PE/IB position in RE in NYC. I have a pretty good resume and good grades from college.
Please let me know what I can do to get some more interaction/ or if anyone has someone I could even talk to. That would be greatly appreciated. Thanks chimps.
I had almost the exact same experience at my first job. My two big suggestions aren't earth-shattering but they're really important: 1) build every single type of model you have access to on the shared server from scratch. Figure out what drives returns, how sensitive cash flow is to various inputs, and think about what you could add to the model (either in terms of outputs or functionality) to make it better. Do this constantly because it will help you develop the internal calculator that lets you do quick mental math to see if a deal passes the smell taste. 2) Read. Read every Warren Buffett letter, read Sam Zell's biography, read everything related to real estate and investment that you can find. The point being not to be able to regurgitate a bunch of Munger quotes, but rather to create your own point of view. You won't develop as an investor until you figure out what type of investor you are.
My comment has no relevance to your comment (which btw was a great response to OP), but I love the Archer quote in your signature.
Cheers
keep your chin up
grass is greener
put your head down and work hard
network network network
keep at it
other generic phrases...
now that I've lost your attention, here's some real advice. before I got to my current firm, I had the same issue, was at a miserable job at Wells. it would've been easy to give up, to question if your #1 choice was ever going to come through, and then go on a completely different path. it's easy to wonder "maybe I'll be stuck here forever," "maybe this is the best I can get," or something else negative. here's what helped me:
have a plan. if you've been networking and have done all your info interviews, interview practice, career coaching, headhunter interviews, etc., don't deviate. if your plan needs work, enlist help. a goal without a plan is a wish.
put in the work to get the plan done. treat getting a job like your job. did you make all your networking calls? have you been keeping your research on employers organized? have you been practicing your interview questions? hold yourself accountable in whatever way works for you, but don't just expect good things to happen because you send out resumes.
distract yourself. when I was looking for work, after a long day I'd find any excuse to distract myself. if you're not constantly checking your phone but instead having fun with friends or doing something you enjoy, you're looser. if you're loose, you come off better on the phone/in person, perhaps improving your chances when interviews do eventually come.
have a sounding board. you need to have friends, family, SOs that you can just call/meet and blow off steam with. I'm never a fan of complaining, but at the same time you need a release. if it's frustration with the job process, at your current job, whatever, just don't bottle it up forever. have someone you trust that you can talk to. and remember this is a two way street, so be sure you listen to their issues as well.
finally, once you're on the other side, that time period will not seem as long as it feels right now.
Man, I can attest to this, as a person who got fired twice. Below is what I did:
Never send an email on Friday (especially Friday afternoon)- Chances are.. the person on the other side will not reply until Monday, and you will go crazy during the weekend. Most of all, your email will get buried among other shit that comes to that person over the weekend and may not even get read. To maximize the email exchange count during a week, please send your email on Monday and no later than Wednesday.
Send your email on 10 am - This is to avoid your email getting buried. People have come to work and read emails by 10 am. Last thing you want is not getting a reply and feeling antsy about whether your email is even read.
Keep track of your outgoing email - Maintain a list. If you don't hear back from some companies, cross them out. But replace it by sending emails to more firms.
But you will get pissed and discouraged along the way. I have had so many final round interviews and thought about what to say in my 2-week notice and shit. And then I don't get the offer and feel goddamn shitty about 6 weeks I wasted.
But man, getting a new job is like getting a gf - when you really try hard, it doesn't come. When you kinda let it go and approach rather nonchalant, the offer comes, and you really don't know how to feel.