Success Advice
14 Things That Every Wall Street Newbie Needs to Know For Internship Success
Nowadays the best way to prepare for an internship is to know as much about the experience BEFOREHAND, as possible. There are so many little things that matter in a Wall Street internship…..and the more educated you are, the better off you’ll be.
Every minute in the office matters and every little bit of knowledge puts you one cut above the next man. In this dog eat dog world we live in its always good to know how you should and shouldn’t act on Wall Street if you hope to one day be a permanent staff member, making plenty of cash in the Boiler Room. We share with you 14 Things That Every Wall Street Newbie Should Know.
Wall Street Internship Advice
#1: Cold calling is hell
We all know it because we’ve all done it. Asking strangers for money on the phone is probably the worst thing you’ll do in your career, but it builds tenacity and forces you to develop an enormous tolerance for rejection.
If you’re perceptive, cold calling will teach you the one sacred truth you need to succeed in this world: Life is a straight-up numbers game, baby.
#2: Beware of egos
Lots of people on Wall Street have enormous egos. When they talk to you, an intern, they don’t actually expect you to speak to them in return. You just need to listen and nod attentively—like you’re hearing the great riddles of the universe solved for your benefit. This may sound demeaning but it isn’t. Not having to talk much or commit to anything is one of the biggest benefits of your internship.
#3: Your boss will lend you money
It sounds shocking, but it’s true. Not only that, he’ll feel good about it because it will make him feel powerful and strong. (For an explanation, see next item.)
#4: Avoid eye contact on the street
Never make eye contact with anyone on the street carrying a clipboard. Even if you come from one of the really polite sections of the country, like the South, you’ll eventually adjust to it.
Just stare at the sidewalk when you walk by anyone who looks like they may be conducting a survey or collecting signatures. (Note: You’ll know when you’ve gotten it right when you’re walking to Penn Station and you get ignored by the guys handing out discounted tickets to the Empire State Building: With enough practice, they’ll know you’re not a tourist from a hundred yards away.)
#5: You are not your boss’ friend
Drinking with your managing director on a Thursday night will only create a false sense of intimacy and equality: Your MD will feel compelled to overcompensate for drunkenly telling you about his fraternity days by icily shunning you on Friday morning.
#6: Your boss knows when you’re hungover.
Nobody buys it when you’re throwing up in the bathroom on a Friday morning with the “Stomach Flu”. Not for one second. We were young once too.
#7: Teamwork = interns make copies
When your boss tells you “It doesn’t really matter what your role is—it just matters that you’re part of the team” he’s struggling to keep a straight face.
#8: Prepare to be disliked
Some people will dislike you if you look like you were one of the cool kids in high school—especially if they weren’t.
#9: You will be judged by your school
People do judge you by where you went to college. (Paradoxically, this is especially true of people who are a little ashamed about where they went to school. Those who attended elite liberal arts colleges typically harbor no illusions about the practical value of their education.)
#10: You’re not as funny as Bess Levin.
Circulating a “comical” email that makes fun of your coworkers as a homage to Bess will get you fired nearly as fast as showing up to the office drunk.(For example, don’t do this.)
#11: You’re not as clever as John Carney
When Carney takes an outrageously contrarian position , he’s got a file cabinet full of GAO statistics and case law citations to support his argument. When you take the same heterodox position, you’ll sound hopelessly uninformed—or just plain unhinged.
#12: How to know when it’s bedtime
After 2 a.m. nobody will remember to text you the address of the bar they’re meeting at.
#13: Beware of social media.
#14: This is as good as it gets
As hard as this may be to believe, people are actually being nice to you. When you return as a first-year associate—and they’re paying you real money—it will be a different story because then they’ll own your soul.
Article By: BusinessInsider.com
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How to Choose the Best Affiliate Programs for Your Blog
If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers
Picking the right affiliate programs for your blog is really important. It can make a big difference in how much money you can make and how much your readers get out of your blog. With so many choices out there, deciding which ones to go with can be tricky.
This guide is here to make it easier for you. It will give you clear steps and helpful tips to choose affiliate programs that fit well with what your blog is about, what your readers like, and what you stand for.
For more articles on this theme, please head over to this blog https://blog.partners1xbet.com/.
Understanding Affiliate Marketing
Before you start picking affiliate programs, it’s important to really understand what affiliate marketing is and how it works.
Basically, affiliate marketing is when you promote a product or service on your blog, and then you get paid a little bit every time someone buys something or does something because you recommended it.
It’s great for both the person selling the product and the blogger, because the seller gets more sales with low risk, and the blogger can make money from their blog.
How to Choose the Right Affiliate Programs for Your Blog
1. Assess Your Niche and Audience
The key to doing well in affiliate marketing starts with really knowing what your blog is about and who reads it. Consider the following:
- Your blog’s content: What topics do you cover? Ensure the products or services you promote are relevant.
- Your audience’s interests and needs: What solutions are they seeking? Choose affiliate programs that offer products or services that solve their problems or enhance their lives.
2. Research Potential Affiliate Programs
Once you know what your blog is about and what your readers want, start looking for affiliate programs. Choose ones that are well-known for good products, great customer service, and helpful support for affiliates. Resources to find these programs include:
- Affiliate networks like ShareASale, Commission Junction, and ClickBank.
- Direct searches for “[Your Niche] affiliate programs” in search engines.
- Recommendations from other bloggers in your niche.
3. Evaluate the Commission Structure
The commission structure is a critical factor to consider. Look for programs that offer competitive rates that make your efforts worthwhile. Consider:
- The percentage of commission per sale.
- Whether the program offers a flat rate per action (e.g., per sign-up).
- The cookie duration, which affects how long after a click you can earn commissions on sales.
4. Consider the Program’s Reputation and Sureness
Join affiliate programs with a solid reputation for quality and sureness. This not only ensures that you’re promoting good products but also that you’ll be paid on time. You can:
- Read reviews from other affiliates.
- Check the program’s history and background.
- Look for any complaints or issues reported online.
5. Analyze the Support and Resources Offered
A good affiliate program gives you things like ads to use, training on their products, and helpful managers. Having access to these resources can really help you do a better job at promoting their products.
6. Understand the Terms and Conditions
Before signing up, thoroughly review the program’s terms and conditions. Pay close attention to:
- Payment thresholds and methods.
- Any restrictions on how you can promote their products.
- The program’s policy on affiliate marketing on social media platforms.
7. Test the Product or Service
If possible, test the product or service before promoting it. This firsthand experience allows you to offer genuine charge and build trust with your audience.
8. Look for Recurring Commission Opportunities
Some affiliate programs pay you again and again for subscriptions or services that charge fees regularly. These can provide a more stable income compared to one-time sales commissions.
Implementing Your Choice
After choosing the best affiliate programs, the next step is to smoothly include your affiliate marketing in your content plan. This includes:
- Creating valuable content that naturally incorporates affiliate links.
- Disclosing your affiliate affairs transparently to maintain trust with your audience.
- Tracking your results to understand what works best for your audience and adjusting your strategy accordingly.
Picking the best affiliate programs for your blog involves careful planning, research, and making sure they match what your audience likes and needs.
If you follow these steps, you can create an affiliate marketing plan that makes money, fits well with your content, and connects with your readers.
The real key to doing well with affiliate marketing isn’t just about the products you talk about, but also how much your audience trusts and values your advice.
With enough time, patience, and hard work, your blog can grow into a successful space that earns a good amount of affiliate money and helps your readers choose the right products.
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