HOW TO NETWORK | In-depth guide for building MBB relationships
ฝัง
- เผยแพร่เมื่อ 29 เม.ย. 2024
- Neel provides a detailed explanation of how you should think about and go about networking, especially as it relates to networking among the Big 3 (McKinsey, Bain, and BCG). He covers questions like "What is networking?", "Why is it important?", and "How do you actually go about doing it?".
As a bonus, he also reviews examples of previous out-reach messages he's received (and even one he's sent) to show you exactly what he means.
Link to casing resources: drive.google.com/drive/folder...
Timestamps:
Intro - 0:00
Overview of video - 1:33
Part 1: What is networking? - 2:47
↳How I view it - 3:10
↳Why it's important - 4:41
↳Knowing your "situation" - 6:15
Part 2: How to actually network? - 8:16
↳The "before" - 8:40
↳While reaching out - 12:42
↳The "during" - 16:01
↳The "after" - 19:10
Part 3: Reviewing messages I've gotten (and sent!) - 19:53
↳Example 1 - 20:20
↳Example 2 - 21:41
↳Example 3 - 23:07
↳Example 4 - 23:51
*quick disclaimer about these example: one thing that all of these people did that I would recommend you do (but didn't mention) is go for it and try! Although some might not have been perfect, the fact that they were trying is a good starting point
Part 4: Tips I forgot to mention earlier in the video - 25:07
General disclaimer: All views provided by Neel and Rohit are their own. Their views do not and should not be taken as those of Bain & Company.
To email us:
↳NeelandRohit@gmail.com
Jeezus Y'all are killing it w/ the TH-cam algorithm.
Haha that's the goal, appreciate it!
Because of this video, I got the confidence to use LinkedIn to network with some of my connections. I got 2 messages back within 3 days and have meetings up with both connections ALL THANKS TO THIS VIDEO. When I say 2 messages back, I mean 2 messages back from partners from 2 top tier firms. Thank you so much for the subtle yet effective push that this video gave!!
That is absolutely amazing to hear Asma'! We're really happy to hear your awesome results - 2 messages back from 2 partners is astounding! Keep us updated on how those conversations go :)
Thank you for this Neel.
Thank you so much Neel for being so honest about your experiences, as an undergrad in his final yr of not a Russle group uni, this was very helpful as I got an interview a week from now at a consulting firm in London. thanks for this and your Market problem videos. 😀
The effort yall put into these videos is so apparent. Really appreciate it.
Thanks Renee, glad to hear the positive feedback :)
Great content as always Neel! Just an FYI, I'm sure with you drawing upon your own experience from undergrad days is great but all of this information is very much applicable to grad school too. The recruitment might vary but general ethos for networking would remain the same. You're ahead of the curve. Make the best of it.
I totally agree Mayank - I've found what I said in this video to be quite widely applicable
Your content is really informative.
It tells us the dos and don’ts for networking. I haven’t explored consulting much but the networking tips are universally applicable.
Thank you Neel
Thank you Rohit (this is also Rohit typing this haha). Glad you found it informative!
Quality video. Made a lot of sense and also helped me in understanding the networking process.
Awesome! Were you able to see any positive results yet Bhagyesh?
Thank you Neel! Appreciate you mentioning some great information about the ettiquette of quote unquote networking but in an authentic way! Also, among other things, I feel that the section(s) on/with example messages you've received with people's names censored is/was an idea with a lot of merit! Well done! Once again, it's your authenticity which stood out to me! Thank you Neel bro! Raza =)
Thanks Raza!
@@neelandrohit6490 =)
Really appreciate this channel! Tuning in from Beijing as an American studying abroad, so this video helped tremendously for virtual networking from a non-target (Tsinghua University) :))
Glad to hear our content was useful! Best of luck Christina!
Great content!
You guys are doing a great job.
Thanks Naveen!
This is so helpful, thanks a lot. I am currently in undergrad from a non-target school and networking seems to be the best way to get in touch with the Big3 consultants- This video shall definitely help in that.
Best of luck Akshay!
This was such a useful video! Thank you so much for sharing it with us.
Awesome - glad it was helpful!
definitely a value add! Thanks for this video.
You bet!
Great work guys!!! I find your videos very straightforward and informative.
I would like some videos regarding the previous experiences (internships) most appreciated by consultancy recruiterds and, most importantly, those which are the best way to understand whether you like this industry
We answer some of that in our Overview to the Consulting process video so make sure to double check that!
But we'll make a video soon outlining our own past experiences that led us to consulting
Great learning experience for those who want to pave a way into Consulting.
Appreciatei it!
Awesome stuff. Thank you for the video. Really informative and insightful. 👍👍
Glad it was helpful!
This was great!! Please do one on the first stage of the application process - building your CV/writing your application/selecting a location/role etc
Definitely on the list - we'll be making content for this soon enough!
Thanks for the insights. I have reached out to atleast 50-60 people on linkedIn and ther platforms. Overtime, I have naturally transitioned to something siilar to what you have to say.
I feel confident that am doing the right thing and also some take aways about cases and scheduling meetings were interesting.
I hope include these things in future. Thanks you guys!
Of course, appreciate the comment!
Great content, I'd like to reiterate how useful your videos are for aspiring consultants. Thank you so much!
Really appreciate it Wassim!
Thanks, Neel!
Thank you!
Thank you, this was very informative!
Good to hear! "Networking" has helped me so much, so hopefully you'll be able to connect with awesome people too
i appreciate your efforts to provide resources.thank you
Of course Anitesh, best of luck!
This is very informative and clear, thank you! Can you also talk about a good Linkedin?
Thanks for the suggestion - we'll definitely add this to our list!
Very useful content as always! Really appreciate it. Greetings from Venezuela (just to give you an idea of your reaching capacity).
Oh wow, reach out to us at neelandrohit@gmail.com - we'd love to hear about the consulting process in Venezuela
Great stuff! Thanks for sharing! Quick question: for cold reach-outs, is LinkedIn preferred over email?
Good question! If you have someone's email, then we'd say email. But if not, LinkedIn
EXCELLENT!!!!!!! (sorry that's not specific to this video, watched a few other videos from you guys before coming across this one), a lot of the guys from non-target schools/colleges/universities tend to come from non-privilaged backgrounds, appreciate your efforts! Thank you Neel and Rohit! Raza =)
Thank you Raza! Glad you find the mission valuable!
@@neelandrohit6490 =)
Great content. Can you make a video on Dos and Don'ts in a LinkedIn profile for aspiring consultants? Would also love to see more casing videos.
Yup will add these to the list - thanks for the suggestions!
Thanks for such a good video @neel. It was helpful. However I sometimes struggle with things to ask about when I reach out to people. Any advice on what I could ask or what consultants like to hear??
Neel here - I don't think it'd be useful for me to tell you what to ask. And there's nothing that consultants would like to hear. The point of the call is not for you to "please" them or to ask the right series of questions. Instead, you should only ask questions that you genuinely care about learning the answer to. That way, you only reach out to people who you think you'd actually find interesting. Otherwise, the other person will be able to tell you are just "going through the motions" and talking to them because that's what you think you need to do to get into consulting
Hi Neel. Really appreciate the initiative that you guys have taken. I am also an engg undergrad with 2 years of work experience in an investment bank. Do you think it's advisable to apply to MBB directly with risk experience (without a grad degree)?
I think it depends on the hiring tendencies of how the firms hire where you are. For example, in Europe, companies frequently hire people who have a master's degree. But in the US, that's a bit more rare
I'd advise that you try to get in contact with people from the firms you're interested in (using the advice in this video!) and see what they think
Hi Neel. First of all, this is a great video. I think it’s a great experience to share.
So recently, I got an email address from someone within the firm. I just wanted to know how would you go about that? Like what with the content of that email include?
Hey Nidhi, we go over how to reach out to someone to set up a call in the video. Is there a specific part you're confused on?
Hey, great video!
I want to discuss the point that you raised about limiting the number of leads. As you're obviously aware, there's a conversion rate at every stage that works against you (requests to connections to chat to call). So, wouldn't you be prudential to be cognizant of this while building the top of your funnel?
I'm completely new to this so my perspective might be skewed as well. Looking forward to hearing your opinion!
It's an ongoing process, ya know. So, if you reach out to let's say 10 people, and none get back to you - feel free to reach out to more! But let's say you hit the jackpot and the first 5 or 6 reach out to you and you have good conversations / get your questions answered. At that point, there'd be no real reason to reach out to more people within that company / office, unless there were somethings you still wanted to ask about or specific people you were dying to talk to.
But of course, ^those numbers are completely made up. I just mean to say, it can be detrimental to reach out to tooooo many people. Consultants talk and will find out
Great! Thanks!!
You bet!
Just commenting to let you know this video is awesome and has helped me a good bit (as is the case with plenty of your other videos). I've heard you mention you came from a non-target school and have tried looking at what school that was, but haven't seen it. Would you be able to tell me what school you came from? I'm sorry if you've mentioned this somewhere else-I just want to get a gauge of relativity.
Elias - great to hear man! Thanks for taking the time to comment
We both went to the University of Texas at Dallas! For context (if I have my facts right), I may have been the 2nd person ever to get into Bain from undergrad. And Rohit was the 3rd
You should be able to find our LinkedIn in the video descriptions also!
Hi Neel/Rohit,
Great video, as always! I just wanted to know something... I've been trying to actively reach out and network with people in the line of industry I'm interested in. But nobody accepts my LinkedIn connection requests or reads my messages, even though I try to frame them exactly based on what you mentioned in this video.
I just wanted to know what I could do to improve the situation in this case. It's very disappointing to send hundreds of tailor made messages/connection requests to people and not have a single one accepted.
TIA!
Totally agree man - we're glad to hear you're hustling, but sorry about the lack of results.
I'd go back to a specific question I ask myself when reaching out to people: "Is the message I'm about to send a message that I myself would respond to if someone else sent it to me?" And maybe also see what your friends / colleagues think about the messages you send? They could have good insights considering they actually know you as well
Hey man. Great content! Just one suggestion thing though, can you make videos of length of 8 to 10 mins?
We can definitely try. But if I'm being honest, our priority is making useful content. And if that content happens to make most sense in a 20-30 minute video, we won't change that.
Those who really want to pursue consulting and learn more will watch the entire thing ;)
thank you!
Anytime James!
Great video once again, for a future video could you do a Q&A from subscribers?
This is a really good idea - we'll look into doing this! Thanks for the suggestion
Just posted a Q&A video! Go check it out :)
Could you please guide on how to prepare for campus placements for MBA amidst this pandemic situation considering the uncertainty of the recruitment space?
This is something we can add to the list!
Can you cover a video on"what are the impacts of technology in the Consulting industry" or "How consulting industry is going to change in the coming years"
Hmm this is interesting - will add this to the list!
@@neelandrohit6490 Also cover "How can we as consultants change with changes in the industry so that the change doesn't turns out to be a negative one"
I mean improving ourselves with the changes so that we can grow in the industry.
Great content. Could you do a video on the application process for internships?
Will do! We'll add that to our list
Neel and Rohit Thank you!
Thank you!!!!
Appreciate it Ollie!
How do i seek more advise from u guys?
Asking questions here in the comment section!
Guide me for my career , I m civil engineering graduate
Best of luck Shubham! Unfortunately, we aren't in civil engineering so there's not too much we'd be useful for
16:00
Hi Neel, I used to ask for an intro call after someone accepts my invite, which resulted in only 5% acceptance rate & most of them just ignored.
So I'm thinking that I should start by asking some questions (should I do this or that) as it will be easy for them to just choose one. And after 4-5 healthy questions I should proceed for a call.
What do yo think about this?
Some thoughts (from Neel):
1). There is no number of "healthy" questions you need to ask someone before you can ask for a call - the point of the call itself will be to get a lot of those questions answered
2). Part of being able to get someone on the phone is building a genuine connection with them (e.g. relating to something about their past like their major, favorite sports, etc.) and acting in such a way that they think they might actually enjoy talking to you or have things in common with you. This could be part of why most might have ignored you after you asked for a call.
3). I like the format of question you brought up. It's always better to show you've done your research (rather than say, "What is consulting like?", say something that shows you know a bit by saying something like "I've heard A and B about consulting, but I've also heard opposite things about consulting. So I wanted to hear your opinion of it while getting to know more about you!"
Hi Neel, I sent you a connection request at LinkedIn some time back by the name of 'Shivangi Garg'. Please accept that, would be great to connect with you
The best way to guarantee (and this goes for literally anyone) that Rohit and I will accept your LinkedIn request is if you include a note saying what you've liked or what you'd like to see in the future with our content!
So if you included I note, I added you already. Otherwise, it's probably unfortunately lost in the many other connect requests without notes that we receive
@@neelandrohit6490 Thank you for the prompt reply. I have sent you the request with a note. Hope it will get accepted now and we will get a chance to connect on LinkedIn.