> Success in Finance: Maximizing Your Personal ROI (December 2007)
Jen - December 4, 2007 at 9:16 AM
Major in happiness
As this is my last post for
Experience, Inc. I am happy to know that I have been given an
opportunity to contribute to this wonderful cause. For the past
few years of my life, I have been lucky to meet inspiring
mentors who have really made a difference in my life through
their encouraging words of wisdom and sincere advice. I hope
that whatever I have contributed to this blog have helped you
or will come useful to you at some point in your life.
Success can be defined in many ways and the only true
interpretation is in the judgment of the beholder. Success can
mean making a lot of money in your future or accomplishing high
official ranks for some people. For others, it can be as simple
as having a comfortable career, enough for living, and a lot of
time for family & leisure. Whatever success means to you, I
hope you will carefully evaluate your sacrifices &
expectations in your journey towards that goal.
Success can mean a lot of money but a lot of money does not
equal happiness. Whatever future career you are striving for,
make sure that it is the type of work that will rise you out of
bed every morning, happy. What is worse than working a job that
gives little or no satisfaction at all? No one really loves to
work all the time but it is important that you at least like
what you do. Otherwise, success may be a lot farther off than
you think because discontent is a sad feeling that cannot
result in success.
Good luck to you in your future endeavors. And please remember,
if you are truly happy with your life...then you are already
successful, my friend.
"Success is not the key to
happiness. Happiness is the key to success. If you love what
you are doing, you will be successful."
- Albert Schweitzer
RichTheFinanceBlogger - December 4, 2007 at 5:11 AM
Recap part 1
Okay, so I only have 2 posts left so I thought I?d recap:
Starting from the beginning, college:
Try for Ivy League schools or business concentrated
If you can?t get into those, major in business related
If you?re past the point of college, find a Grad School and
major in finance or accounting.
At College, picking classes:
4 General Rules?again?
1.) Pick Classes that are finance-related, be it indirectly or
directly. Wow, I know, how obvious, but I feel the need to
point out that your senior year basket-weaving class you took
for a 4.0 might, just might, not be helping. I?m not saying
don?t take classes that you want to because you find them
interesting, I?m saying try your best to shy away from them. If
your favorite hobby is photography, take a class on that but if
you just want to take squid fishing for the hell of it, take
another class that will better prepare you for work.
2.) Pick classes that focus more specifically on your specified
fields of study. If you know you love everything about bonds;
you eat, sleep, and want to marry a fixed income security,
maybe minimize your classes to do with equity stock valuation
and focus more on fixed income securities valuation and
3.) I hate to say it but, aim to have some sort of background
in accounting. I know I?ve said this before but, really, it?s
so very useful.
4.) Be able to write effectively because your boss will love
5.) Amended Addition ? Join/Start Finance related clubs
1. Bring lots of copies of your resume
2. If its 2 pages, collate.
a. 1 page rule is a partial myth: at our age (college age),
came from the fact that most college students do not have
enough relevant work experience or education to fill 2
3. Avoid the black suit; you end up being more easily
4. Don?t necessarily get there early when everyone else is;
those people have to be there until a certain time and they
might be bored by the end. Not to mention being there at the
end means you?re the last person they saw, might be more likely
to remember you.
Get a summer job/internship during school:
1. Give your resume to career services
2. Go to job fairs and throw your resume to anyone who can
3. Apply directly to job?s online through a company?s
4. Apply to Jobs at Experience.com?and other websites?but
I?d also like to reiterate 2 points:
1. Minor or have some background in accounting. As I?ve said
multiple times before, I HATE accounting. Can?t stand it. Not
anything against people who do, I just can?t stand doing it.
But I realize the fact that it is really important to
understand because it is the common language of all business
and understanding that language will help out to no end.
2. Be able to communicate effectively. When you can write a
memo to your boss summarizing an entire industry in 1 page
using bullets where he can read it in 2 minutes and full
understand every point without reading it over at all?then you
can effectively communicate. Get there and your boss will love
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