Monday, April 20, 2020

When Writing Your Resume - How Far Back Do You Go?

When Writing Your Resume - How Far Back Do You Go?Writing your resume is not an easy task. It takes a lot of time, but if you can make the most out of what you have the first two or three months, you will be much more likely to land a job.The first question that should be asked about resume writing is when is the best time to begin. Ideally, you should start as soon as possible. When you are interviewing, you are usually asked to list at least ten companies you have heard of, some that you have worked for, and three that you have not.If you are having trouble answering this question, then it is probably because you have forgotten who you have already interviewed with. In that case, you should write a new resume for each company and ask for an interview. Remember, you do not have to go back to this same company if you were unable to get a job with them.Most employers will consider you at your current position before they decide whether or not to offer you a new job. But be sure to men tion any job changes or other new experience you have that could affect your prospects.Once you have had a few interviews, you will probably have notices from all the jobs openings you did not get. This is when you can choose a company that is willing to pay you for your skills, and you can use that company's mailing address to send your resume.You should not assume that it is safe to start working for a company right away. Some people are afraid of starting a new job and may have more confidence in having a regular work schedule and a better boss than someone who has not yet started a new job.Writing your resume is no different than any other job search. You must take the time to learn everything there is to know about the job.

Wednesday, April 15, 2020

Former Hedge Fund Manager Neal Goyal on Wall Street Greed

Former Hedge Fund Manager Neal Goyal on Wall Street Greed Neal Goyal is a former hedge fund manager and founder of Blue Horizon Asset Management, LLC, and Caldera Advisors, LLC. In 2015, Goyal was sentenced to six years in federal prison for fraudulently obtaining more than $9 million in a Ponzi scheme. Goyal concealed his scheme by falsifying account statements and using investor money to fund his “extravagant lifestyle,” according to the U.S. attorney’s office. Many of those duped investors were Goyal’s friends and family members. You spend years busting your rear to make the dean’s list, trying to impress the Wall Street recruiters. You secure that all-important summer associate position following your junior year in collegeâ€"and then you practically live at the office, poring over spreadsheets and pitch decks as your friends party the summer nights away. And then it comes: the offer letter. A full-time position as a Goldman Sachs analyst or a trader at J.P. Morgan. You’ve finally landed a job at one of the big investment houses. The thought of moving up the financial industry ladder is now permanently emblazoned in your mind, with the vision of endless riches seemingly within reach. That was me not so long ago. Now 36 years old, I have spent the past two years in federal prison, recounting the hideous choices and flawed thinking patterns that led me down this dark path. It all comes down to greed. Launching a hedge fund at the age of 24, I was not the ordinary Wall Street kid. I was hungrier than most, tearing up that traditional offer letter so I could be my own bossâ€"and pursue the fastest way to riches. I was a rookie, but I wanted to be in the ring with the big boys. While I had a talent for investing and my early prospects were promising, there came a time in my fund’s early years when I experienced my first quarterly loss. I looked at that loss as a representation of total failure. I believed the admission of such failure would hinder my dreams of becoming an overnight success. Selfishly, I did the unthinkable: I manipulated the results reported to investors to hide those losses. What started as a small investing mistake later snowballed into a house of cards built on deception, eventually leading to nearly $10 million in losses to investors. As a result of my actions, individuals lost their hard-earned savings, my family’s life was completely unraveled, and the trust people had in me evaporated. Since my incarceration in 2015, I have embarked upon a life-long commitment atone for my actions by educating others on ethics, moral behavior, and transparency, using the lessons from my past poor choices. To all rookies aspiring to join the next generation of Wall Street’s best and brightest: greed alone can kill those ambitions. Here are lessons to be mindful of when navigating an industry that will put your moral compass to the testâ€"a test that I failed. Neal Goyal, Equine Course, 2018 The grass is not always greener. Desire for progress is a natural element of human nature, but on Wall Street this desire is amped to new heights. Even those young guns lucky enough to become an analyst at Goldman spend nearly every moment wondering where they want to go next. I did the same exact thing. Rather than living in the present, I spent 90% of my workday focusing on what I thought I needed. That chase led me to two thingsâ€"lack of gratitude and a prison cell. Money is not a measure for personal life success. Just because money is the most significant measure of a deal’s success doesn’t mean you should use it to measure your entire life. Too many people in the industry choose to evaluate their own self-worth this way. It’s a blunder I made, too. Rather than being proud of my entrepreneurial talent, I believed I was a failure for not being a millionaire before age 30. Instead of realizing that all my good decisions thus far had led me to having my own beautiful family, I focused on the quality of life I thought I needed to give them. I used money to measure my worth in every aspect of my life. So when I looked in the mirror as a young twentysomething, instead of seeing a man who was fortunate, I visualized dollar signs that would help me attain the reflection that I wanted to see. Choose a labor of love; don’t labor for the love of money. There is no question Wall Street can be an exciting place to work. As the financial epicenter of the world, the landscape changes relentlessly, making for no shortage of exhilaration. If this is how you feel, then Wall Street may be for you. The truth is, however, that the overwhelming majority of up-and-coming analysts hate their job. Nobody, no matter what they say, loves staring at a spreadsheet. What they love is the notion that staring at this financial model will eventually lead to â€" you guessed it, more money. Greed can lead to a true money addiction. There is nothing wrong with loving some extra dollars in your pocket. It really can make life easier in some ways. But greedy tendencies, without recognition, can lead someone into becoming a true money addict. Addicts will sacrifice anything and everything to satisfy their craving. They will compromise their morals and walk an ethical tightrope to get their fix. Every day, I realize that inmates all around me were addicted to money, too. It doesn’t matter if it was a drug crime or a white-collar crimeâ€"nearly all of them were chasing money at all costs. My Message to Wall Street Rookies Every single day, I think about the all the terrible choices that were fueled by my greed. I think about my firm’s early years, when I started making choices that flirted with the gray area of moral behavior. Initially, those choices were an effort to cover up a mistake or avoid embarrassment. Others around me were wildly successful, and I felt ashamed that I had not achieved that same level of success. As a result, my greed pushed me past that gray area, straight into the world of a criminal. The whole time, I somehow believed I would get my firm back on track, and the problem would get “fixed” before it came to light. I believed that my investors would still make money at the end of the day. That was a complete, senseless delusion. I failed to acknowledge the true consequences of my greed. Had I even stopped for even a moment to picture what I could lose, I would have walked the straight line. But having not thought about those consequences, I lost everything. My greed clouded my view of what those consequences could be. So instead of foreseeing the potential strife my family would experience or the financial harm investors would suffer, I harnessed a grandiose illusion that all problems would be fixed with piles of money. Growing up, I was raised with values that promoted honesty, hard work, ethics, and humility. But no matter how often this moral compass served as my guide for the first 25 years of my life, I allowed my inner greed to grow and wreck everything I had going for me. Every kid on the Street will inevitably hit a time in their career where they are in a position to choose money over morals, or their ego over truth. But coming from a guy who had it all, the ruthless chase for that pot of gold will leave you with nothing, except isolation from those you love, a world that hates you, and without the treasure you were pursuing the most â€" money.

Friday, April 10, 2020

4 Things Veterans Need In A Company To Succeed - Work It Daily

4 Things Veterans Need In A Company To Succeed - Work It Daily 4 Things Veterans Need In A Company To Succeed Military veterans often bring a high level of leadership and a number of transferable skills that can help any company succeed. As a veteran, it’s important that the company helps you succeed, too. When an employer recognizes the value you bring to their company, they will work to find a home for you on their team. Companies like Amtrak realize that you bring a lot to the table, as President and CEO (a Vietnam Veteran himself!) Joseph H. Boardman describes, “The leadership, reliability, and high-tech skills veterans bring to the job are a great resource.” Amtrak, President CEO, Joseph H. Boardman “The leadership, reliability, and high-tech skills veterans bring to the job are a great resource.” 4 Things Veterans Need In A Company To Succeed To find a position that exercises your talent while supporting your growth, there are a few things veterans should look for in a company before applying: 1. Culture Whether you’ve served four years in the military or 40, if you’re looking to move on to a civilian position, it will take some adjusting. During your service you likely encountered an atmosphere and camaraderie that was easily identified by your team’s loyalty to one another and its shared values. Similarly, you’ll want to find a company that has a well-defined culture. Part of your success in the military came from your ability to align with the values and mission of your organization. Moreover, the culture supported your well-being through its benefits and rewarding work. This should be no different from your civilian job. Find an employer whose purpose excites you and whose values mirror your own, and you will feel more invested in the work and gratified by going there each day. Amtrak, Veteran Team Members “The atmosphere of working for Amtrak is warm, welcoming, and there is a great deal of attention to safety, which is a plus. This can be the last career you will ever need.” - Kyle Johnson, Amtrak, Carman 2. Development Nobody joins the military and knows exactly how to fulfill every part of their job from Day One. In fact, you’ve been well-trained your entire military career. Why stop specializing now? Amtrak Passenger Eng. Trainees While your new job probably won’t send you to boot camp, the best companies offer ongoing training and development opportunities. No matter where you start, it’s crucial to recognize in an employer that there is a chance for you to grow within your position and assume more responsibility over time. “It is challenging, gives a sense of accomplishment, and you work with great people. Amtrak has a very clear mission--to move passengers safely and comfortably to their destination. At the end of the day you really feel like you have done something good.” - Thaddeus Kolwicz Sr, Amtrak, Passenger Engineer Trainee If you’ve spent your military career striving to put forth your best effort - if for no other reason than anything less is not accepted - then continuing to push the needle forward is ingrained into your professional self. Since your drive is a great asset to a business and will help you get ahead, you’ll be best suited for a company that embraces the professional you are now and the one you can become. “It’s a wonderful place to work and a great place for advancement in so many different areas. Being a part of the railroad, what could be better?” - Kyle Johnson, Amtrak, Carman 3. Position Beyond having a need for your talent, a company that has a position you’re passionate about deserves your attention. You’ve already dedicated a large part of your life in a position that serves and protects others (and we thank you for that!). Isn’t it time you have a job that also serves you? Find a position that you genuinely care about. “Its giving me the chance to work in a field that I was so passionate about in a railroad type environment.” - Kyle Johnson, Amtrak, Carman 4. Teamwork It goes without saying that teamwork is intrinsic to the military, and often times, your connections with your teammates are nearly palpable. While you were willing sacrifice your own security for the good of the team, you knew your teammates would do the same. Much of this comes down to your mutual respect for one another and for your positions. Amtrak Passenger Engineer Trainee, Thad Kolwicz, Sr. “Running a locomotive down the tracks at high speed is fun, but so is stopping at a station or coupling the locomotive to the train. Working on this crew of professionals gives me a great sense of achievement and teamwork.” - Thaddeus Kolwicz Sr, Amtrak, Passenger Engineer Trainee It’s important that you find a team outside of the military that shares this level of support and respect. With a company that offers this kind of commitment, you can rest assured knowing that you will get out as much as you put in. When you succeed, your team will too. If you employ your dynamic skills and willingness to adapt, plenty of companies will be prepared to offer you a position. It’s up to you to find the employer who will work with you to match your dedication and push you toward success! Want to work for a company that’s recognized for hiring veterans? Amtrak is hiring! Recently named to the 2015 Top 100 Military Friendly Employers List, Amtrak recognizes the dedication and talent veterans provide to its industry, and would love to work with those who can help deliver intercity transportation with superior safety, customer service and financial excellence. America’s Railroad ® was also recognized for workplace excellence by earning a spot in Forbes magazine’s first-ever America’s Best Employers 2015. Making the list of 500 employers across 25 industries, where the workers like their jobs enough to tell others, Amtrak aims to continue this trend in coming years with employees like you. To learn more about open positions or apply, visit here. Amtrak Mechanical Foreman, Matt Mitchell, overseas. Photo Source: Amtrak Have you joined our career growth club?Join Us Today!