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Goldman Sachs CEO David Solomon’s advice to summer interns: ‘Be an entrepreneur’

by Euro Times
June 9, 2022
in Markets
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David Solomon, CEO, Goldman Sachs, talking on the World Financial Discussion board in Davos, Switzerland, Jan. 23, 2020.

Adam Galacia | CNBC

Internships have begun at Goldman Sachs’ workplaces within the U.S. this week, based on the worldwide funding financial institution.

Roughly 3,700 folks gained a coveted spot within the firm’s internship program out of a report 236,000 who utilized, based on a spokeswoman for the New York-based financial institution. That is a 1.57% acceptance price.

Goldman says it recruited college students from 607 faculties all over the world, which is 100 greater than final yr, because it leans on software program like video platform HireVue to assist it forged a wider web.

With an unprecedented confluence of geopolitical occasions and a doable recession on the horizon, it is an particularly fraught time to be becoming a member of the workforce. (Profitable interns are sometimes supplied two-year analyst positions after commencement.)

On that matter, CEO David Solomon had some recommendation for his interns.

Here’s a key excerpt from the e-mail he despatched to incoming interns on Thursday: 

Yr after yr as our interns start the summer time program, I am requested how one can get essentially the most out of your time on the agency, so I might wish to share some extra recommendation.

  • Take the lengthy view. You are going to have an awesome summer time, however there is not any query some days will likely be difficult. There will likely be bumps within the street. The essential factor is to maintain going—and to benefit from the trip.   
  • Be an entrepreneur. Be looking out for any means you possibly can contribute—regardless of how small. Asking your staff repeatedly how one can pitch in is usually the quickest approach to be taught extra in regards to the agency and our enterprise.
  • Embrace evolution. As people and as a agency, we all know that we will not keep nonetheless. However, as essential as it’s to alter, it’s also essential to remain true to what makes you, you. For Goldman Sachs, which means embodying our core values of shopper service, excellence, partnership and integrity, as we broaden to new cities, arise new companies and discover new and distinctive methods to serve our shoppers and prospects.
  • Keep in mind to pay attention. That is how I outline a profitable assembly: the shopper talks, and I pay attention and ask questions. Attempt to get the principle takeaways from the dialog. And all the time finish with gratitude for folks’s time. Finally, your aim is to let that particular person know you actually heard them.
  • Carve out time in your passions. It’s no secret that I’ve a pastime exterior of labor – music requires totally different psychological muscular tissues than I exploit throughout the work day. Make time to do issues that you simply need to do as a result of they stimulate and excite you. Your passions provide the gas it’s essential to keep motivated.

You may additionally shortly be taught that our persons are keen to listen to your insights as a result of you’re the way forward for our agency – so become involved in as a lot as you possibly can over the following few weeks and actively share your views along with your groups. I’ve all the time stated the most effective factor about our agency is our folks, and that features the proficient group of interns who be part of us every summer time – all of you. Have an awesome summer time.

David



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Tags: adviceCEODavidEntrepreneurGoldmaninternsSachsSolomonsSummer
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