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Some quick careers advice from a VP at Goldman Sachs

We stand accused of writing too much about Goldman Sachs. This may be true. However, our own data suggests GS is a popular subject, and we haven't actually written anything focused entirely on it for sometime now. So...

A few months ago, Samuel Ramos, a little known-VP and associate general counsel at Goldman Sachs, stood up at his alma mater and preached some 'common sense advice for future success' to all the students.

None of it is revelatory, much of it is directed at aspiring lawyers, some of it is waffle, but in several ways Samuel has a point. His advice for career joy is worth noting. We have distilled it as follows:

1) "Listen and execute"

Listen to exactly what people tell you to do. And then do it. Simple.

"If you listen and execute, you will succeed," says Samuel.

2) "It's a slog, you have to put in the time"

There are no short cuts. There are no revision books which can help you get through your exams. There are no ways of getting ahead in banking (although Samuel doesn't actually state this) without putting in the hours. Face it. Accept it. Success isn't a necessary outcome of working hard, but working hard is a necessary precursor to success.

3) "Leverage your uniqueness"

Samuel was a law student with an engineering background. This made him unusual. It also made him unique. By focusing on the differentiators in his erratic career path, he was able to persuade people to hire him. Unusualness can be good.

4) Always think, "What is important to me as an individual"

Samuel accompanies this point with a laboured metaphor about libraries, which we won't repeat here. However, his point is valid: don't just move from analyst to associate or associate to MBA, or small accounts to big accounts because everyone else is doing it. You need to create your own career path and to focus on what you want and what you can do which no one else can (see point 3).

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AUTHORSarah Butcher Global Editor
  • Ma
    Mamaduke
    29 June 2011

    Jesus- does does the person's name begin with S? if so the nick name is very fitting!!!!!

  • Je
    Jesus
    14 June 2011

    Sadly, it's not just about the sticking to the four golden rules above. If you don't fit, your out. I worked for a Swiss bank but was bullied and in time i left. The person bullying me was nick named "judas" by others. Im the lucky one as I since moved on, just feel sorry for her next victim.

  • si
    sickofhypocrisy
    13 June 2011

    yah and i just saw " Inside Job" and now i read... listen and execute...i.e execute bad deals, cheat and fool around... toil long hours, not creatively but to beat policies and regulation, leverage uniqueness ...and get to top mgmt and take more risk and gamble really... and think wat is imp 2 me as an individual...yah i know this one, dont work for an unethical firm ever.

  • Pr
    Pranav
    13 June 2011

    To both snpg and Anna - You both have a point in that "why would we need to listen to this guy to learn these points? Simply another case of stating the obvious."

    However, I think his point is that many people perceive that to attain success, especially at GS, you need to bring that extra "something to the table." Perhaps he's just saying that if we focus on just doing the basics right, without error, success will come to us more easily and we'll gain greater satisfaction from our results, even in an environment like GS.

    Just a thought......

  • An
    Anna
    12 June 2011

    Anyone who knows the answer to No. 4 would most definitely not be wasting their life on listening to this guy.

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