youth

Growing up in Greenwich, with a father who works in finance, there were expectations placed on Matt McCarty. You know the ones. Prep school, followed by an Ivy or Ivy-esque college, a job on Wall Street, all that stuff. And in the beginning, those expectations were met. Matty attended the Brunswick school, then Vanderbilt, and did a summer internship at CRT Capital Group. But he always felt like there was something else he was meant to do. And one day, he got up the courage to go for it. Continue reading »

“When Ray Land launched Fabulous Coach Co., a Brandford, Fla., transportation business in 2004, the then shaggy-haired teen struggled to recruit drivers—and eventually gave in and trimmed his hair. “They didn’t say it was because of my age, but that’s what I’ve always thought,” says Mr. Land, who is now 23 years old. “I keep a very professional look and try to be cautious in how I talk to people. I don’t use the word ‘yo.’ “Still, Mr. Land says it can be tough for some of his 76 employees to see him as an authority figure, particularly those with children around his age. Some have told him they think of him as a son; others have referred to him as “the boy.” Mr. Land says the success of the company—which he says now posts $4 million in annual sales—helped boost his image among staff. “Once you can prove to them that there’s a reason you’re in your position, it’s a lot easier for them to respect you,” says Mr. Land. Although some employees are going overboard, asking for advice on everything from mortgages to relationships. “It’s crazy,” says Mr. Land. “I still live at home with my parents.” [WSJ]

“Greetings Dealbreaker,

I am a senior in college in need of some advice. I’m hoping your readership can help me out.”

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The Daily Princetonian is running a very exciting 3-part series on “careers in investment banking and consulting.” The first article ran earlier this week. The topic was bull shit. Specifically the bull shit lies college students tell to make them feel better about their life choices.

Such as:

“Money is an attractive factor, but it’s not the real reason people go into an investment bank,” said Rebecca Yu ’11, a physics concentrator who applied for an internship at Goldman Sachs this summer. “I think — at least, I hope — that people do it because they’re genuinely interested in [investment banking].”

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