Goldman Sachs could be the golden standard in investment banking before. but nearly got toppled by the subprime mortgage debacle in 2008.
The trader/IB relates importantinsights on how he was trained. (Sharran Srivastaa)
1. How to earn $100,000 from nothing. This is rather difficult and may border on scamming.
2. Long term greed. Find the long term value of the customer. You dont have to withhold discounts from the customer now. Give hiim a good deal. He may buy
from you again and again.
3. Be responsive so that you can be trusted. Keep your notifications CP on. Be available when customers contact you (Not as some of the sbus who will
not answer phone calls or gmails. Develop good communication habits early on. Respond to text, dm,
4. Be ready and fast and offer solutions when shit happens Dont wait for the damage to get bigger. (Avoid situations that will spell disaster for you. ) Consult
superiors and peers to avoid difficulties and anomalies
5 When you are with the best of the best, hard work is the only answer. Find your hard, that will bring out the best in you.
6. Develop a investment x ray; be a good adviser and authority. In finance, your x ray are capital presevation, tax efficiency, cash flow and growth.
7. Only a good brand can push your product/service to sell. Not your best effort or your personality
8. Share your network with others network. It pays to work together as a team to work as one towards customer success and satisfaction.
9. Show yourself as coachable so that you will have internal champions who will speak for you when you are not around
10 Help your company build a brand. It takes a lot of effort to do that. But do work on that
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