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GUEST COMMENT: I have applied for 1,000 jobs. My rate of return is 5%

1,000 CVs, 50 jobs

I’m like water. You can put a stone in my path and I’ll go around it. You can block my path completely and I’ll be silent and still like water. But while I’m silent, I’m gathering my energy to break through. Nothing can stop me. Once you are determined and you put your mind to something, no one is strong enough to get in your way.

Therefore, if one HR person says I’m not good enough for a role, I won’t leave it there. They aren’t the only person with the key the door. I will knock on the next one, and the next one, and will keep knocking until I find one which opens. I’ve learned that success is all about trial and error. Whenever you are trying to sell something new, you need to convince them to buy it. The same applies to finding a job in financial services. I’ve learned that the rate of return is typically around 5%.

An example:

You apply to 100 small boutiques.

60 will give you a phone interview.

30 will invited you for the 1st round of interviews.

15 will call you back for more.

You will get 5-10 offers, but only 5 are truly what you want.

This may sound pessimistic, but in my experience it’s accurate. Personally, I am applying directly to over 1,000 banks and small boutiques. The City of London is a leading global financial centre: when you apply for a role here you are competing against the rest of the world. Equally, however, as a European you are free to apply for jobs across Europe, and I am doing this too. Ok – you may not make a fortune working for a small boutique in Barcelona, but the lifestyle would be good. And what about boutiques in other key financial centres – Zurich, Geneva, New York.

You don’t have to see the whole staircase that leads to your goal in life. Take the first step and have faith in yourself, you WILL get there IF you stay PERSISTENT & CONSISTENT.

As an addendum, I’m only 22. My life so far has not been easy, but this has just made me all the more determined to overcome any goals that are set in my way.

John Brown is a pseudonym.  

Comments (7)

Comments
  1. You are Patrick Bateman and I claim my £5

    BrettEastonEllis Reply
     
  2. Sorry,pal, but if you’ve had 5 offers,then why should you bother posting here?

  3. You’re an appalling,deluded spammer.You waste recruiters time and employers time applying for jobs you’re not qualified or able to do.

  4. Davros you seems to have recruiters and the employers’ HR in very high regard when in most cases the recruitment process DOES resembles a random game. I say if they give garbage then garbage they deserve, hence John Brown keep up the good work!

  5. I agree with John Brown’s approach

  6. John Brown’s approach makes sense to me. And applying direct to companies is the best way forward. Just look at the eFinancialcareers job listings. The same jobs appear week in, week out, listed by the same recruitment companies. If there is so much competition, a ‘real’ job will be filled relatively quickly – so why the need to keep re-posting? These recruiters waste the time of serious applicants looking for a new job.

  7. Tedious.

    JB is one of the reasons middle men exist.

    “You will get 5-10 offers, but only 5 are truly what you want” – a decent recruiter would have zeroed him out of the process so an employer does not even see the cv. Saving the boutique time and money.

    Every year there are 10,000’s of grads looking for an entry into financial services – many have very unrealistic expectations as to what the industry will expect them to do for the first 2-4 years of their working life.

    Whoever hires JB will run a high risk of having to backfill his role in 12 months time once he has left for something he perceives to be better. Hiring JB is likely to offer a poor ROI.

    If he does have 5 offers why is he still looking ??

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