Dear Pat

Here at ChiBus, we decided to create a new advice column so that Booth students could submit anonymous questions for whatever troubled them. Funds are tight at ChiBus, so we hired Pat Duffy, a seasoned career coach seeking to rebuild a somewhat tarnished reputation in the advice community.  

 

Dear Pat,

I am a first year student interested in both Marketing and Entrepreneurship. I find some aspects of Marketing fascinating, particularly how I can leverage Booth’s data driven approach. However, there is something about Entrepreneurship that is really exciting. Long term, I really want to focus on developing my understanding for the customer so I can focus on building a fashion start-up I’ve had in mind for a long time. Tell me Pat, should I work in Marketing to develop a solid marketing framework, or should I simply get entrepreneurial experience by working on a startup out of school? -Confused Student, Class of 2017

Listen up. You gotta put your big boy/girl pants on and recruit for Investment Banking. Do you want to make shit happen? I’m talking deals. I’m talking working on some M&A, checking your bank account in a year, and then buying some sweet massage chair from Brookstone for your German Shepherd because you just don’t give a shit.  Do you want to buy a Tesla one day or just try to sell them? I think the answer is clear, just check out the $130,000 SUV Tesla they released last week. Pulling up to your son’s lacrosse practice in that electric beauty would make all the other parents look like the schmucks that they are.

*****

Dear Pat,

I am a first year student, and I feel awkward during corporate events. I don’t know when to introduce myself into crop circles, or what a smart question to ask is. I guess, in a way, I’m struggling to find the confidence and don’t know if I belong. How can I better prepare myself for these events to give the appearance of confidence and competence? Do I need to have an elevator pitch? - Awkward, Class of 2017

As my hero, Charles Darwin, was fond of saying, “The fit survive and the meek move in with Grandma.” You have to shed your feelings of insecurity and think back to the African savannah. Do lions feel awkward or rehearse an elevator pitch?

Be a lion.

****

Dear Pat,

I am a second year with two full-time offers. I’m really excited about both, but need to make a choice soon. One has everything I want out of a job- everything is perfect except the compensation is pretty low for an MBA out of Booth. The other one pays 30% higher, but really feels like the firm culture isn’t a good fit for me. What do I do?  -Indecisive, Class of 2016

How is this even a question? If you want great culture, eat Chobani yogurt. If you want a career, follow the money. The invisible hand should really be slapping you across the face right now.

*****