Who you know >> what you know for some time now....
For Interns, All Work and No Payoff
- Thread starter Gallo
- Start date
I think you're going too far with that. What you're saying isn't realistic. It ignores the fact that capital is required to do so, and if you're thinking on a larger scale, go look at the biographies of start-up company execs, both young and old.
You right, them banks are loan sharks
NZA
LOL
telling everyone to network is kind of pointless if those people dont have a valuable social group. people who are valuable socially dont just take in random people who dont have a connection, something to offer, or similarity to themselves in some way. mixers arent much help either. there's no point meeting with a bunch of people who have nothing to offer. linkedin is slightly better if you use your connections to find some people in their connections that might be useful to you and try to get with them, but that is still a long shot.
for the most part, people from "the wrong side of the tracks" who move into social circles they are foreign to do so by joining companies at the very bottom of the totem pole, staying long enough to have their good work recognized, and then shmoozing their way into the social circles of the more influential employees within the company.
once they have become proficient at their careers and have gained some level of influence, they can also attend industry events and offer to help useful people at other companies with something. being able to offer a stranger something of value is the second important element to outsider networking.
of course, most recent grads have nothing special to offer outside of entry level skills, so a first job in the same industry as their major is absolutely needed. with the economy becoming 3rd world again, many simply cant do that. and since they can never gain relevant experience to be able to offer something useful, their ability to join new social networks is pretty limited.
for the most part, people from "the wrong side of the tracks" who move into social circles they are foreign to do so by joining companies at the very bottom of the totem pole, staying long enough to have their good work recognized, and then shmoozing their way into the social circles of the more influential employees within the company.
once they have become proficient at their careers and have gained some level of influence, they can also attend industry events and offer to help useful people at other companies with something. being able to offer a stranger something of value is the second important element to outsider networking.
of course, most recent grads have nothing special to offer outside of entry level skills, so a first job in the same industry as their major is absolutely needed. with the economy becoming 3rd world again, many simply cant do that. and since they can never gain relevant experience to be able to offer something useful, their ability to join new social networks is pretty limited.
People don't know that. Everyone assumes that you have to be an IT specialist or a Doctor or an engineer just to live above poverty these days. Imagine a society filled with nothing but underpaid IT/engineering/Doctors/Laywers because EVERYONE oversaturated the degree and lowers wages, on top of no humanity? There isn't enough jobs to go around, and sad to say, it causes a divisive issue for the non-rich that are fighting for scraps being disguised as "competition."
NZA
LOL
the law degrees are already devalued, i suspect medicine will maintain its value no matter what, but IT's days are probably numbered.
engineering is already a mixed bag. there are lots of unemployed and temporarily employed STEM workers no matter what people online keep trying to say.
Mikael Blowpiff
#LosIngobernabrehs
Don't we already have a bunch of underpaid lawyers? I thought the law school bubble burst a while ago.
You right about that. There are people that STILL go to law school just because they want to make a lot of money.
Our education system is so shytty 
You don't have to be in a valuable social group. And early on you shouldn't have to utilize outsider networking. We undervalue and under appreciate the people we already know. I don't consider my family or friends a "valuable social group [networking wise]," but more often than not they know somebody who knows somebody who knows somebody, and bam I'm offered an oppurtinity or a chance just have lunch with somebody.
That's the beauty of a network and simply being cordial with people. I try to be genuine in my actions and not just be nice to people for the benefits. That kinda of stuff shines thru and makes an impression on people. Far too many times I've seen fellow black people nuke a potential bridge just to get their point across or be heard. Being cordial and having a good attitude is a small step in starting a career in whatever field.
A fewlines from Phonte, has put my short journey into perspective:
"Everybody prays for the day they see the light/But the light at the end of the tunnel is a train/Five dollar gas and poverty rates, are rising much higher than your hourly rate/So if you thinkin’ ‘bout quiting, you should probably wait/Cause everybody gotta do a fukkin’ job that they hate"
shyt will be like that, you'll be in uncomfortable positions and making less than you're worth, etc.
If you're a graduate of a college or a part of a frat/soroity, there's your opportunity to link up with people who have common interests. If you go to church, you coach a little league team, there you go it's folks out there that may be able to help you find something. I didn't realize my potential network until somebody told me. Once that lightbulb went off I wrote up a plan, and I'm trying my best to get in that field and start my career
NZA
LOL
being cordial and outgoing is always a good policy, and it might pay off, but most likely, if the people you are around dont have the careers they want, they probably cant help you either. a janitor being able to put in a good word for you to a white collar worker they see every day while mopping floors is only going to pay off for a small number of people.
I don't disagree, but the difference, I think, is my company isn't selling a product with a long sales cycle, where someone would spend 6 months on an internship trying to convince someone to buy, leave the internship, I close the deal and pocket all the cash. It's a local auction company, so you're selling a service without a lot of competition and there are always people and companies that need to get rid of stuff.
So what would you rather have... an internship where you're working 10 to 20 hours a week at 10 dollars an hour... or, example, I secured an industrial account with 300k of unneeded inventory. There's a market for it, but maybe I'll get around 100k for it. At that level of sales, I'll take 10%. If the intern secured that account and got 25% of that, they'd have $2500. I got that account through networking and that's how I get a lot of my business. To do everything with that account will maybe take a week or two. If an intern can bring a network or figure out how to close accounts I target and accumulate accounts over X amount of time, they'd probably far exceed the hourly salary.
I didn't get paid for a lot of internships. I'd rather pay someone than not for their time, but in the initial stages of my business where revenues can fluctuate between a little and a lot, it's tough to commit to an hourly wage, especially if someone isn't adding value.
If you're not developing entrepreneurship skills, you're going to be stuck. The trend is for these big companies to push down wages as low as possible. This internship ordeal is pretty much serfdom/slave labor.