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Ask Sallie: Should I Join a Professional Network? (Video)

By Sallie Krawcheck

Experts believe that 70–80% of open jobs are never even listed. Instead, they’re filled internally or through networking — which makes networking seem pretty darn important.

You could take it upon yourself to try to find potential connections … or you could join a professional network. So should you? Here’s what Sallie has to say.


Sallie’s answer:

Should I join a professional network? Personal choice. I’m in favor, but personal choice. In order to inform the choice: Networking has been called the #1 unwritten rule of success in business.

You can do the best work in the world. You can be doing A+ work, you can be doing summa cum laude work. And if only your boss knows about it? Maybe you have the world’s greatest boss, and you will be promoted and promoted up until you’re CEO. Or maybe the person over here who’s hiring, or the person in the next company who’s hiring, or the person over here who wants to fund a new business won’t know about your terrific-ness and wonderfulness and greatness and business-ness, and you may not get that opportunity.

Men tend to get this in their 30s — sooner than women do. Women tend to keep their heads down longer than men do, and it’s one of the reasons men get promoted ahead of women in their 30s.


Disclosures

© 2020 Ellevest, Inc. All Rights Reserved.

You may or may not have noticed that we linked to businessinsider.com as a source for the percentage of jobs never listed. FYI, Business Insider (“Solicitor”) serves as a solicitor for Ellevest , Inc. (“Ellevest”). Solicitor will receive compensation for referring you to Ellevest. Compensation to the Solicitor will be $10 per membership activated. You will not be charged any fee or incur any additional costs for being referred to Ellevest by the Solicitor. The Solicitor may promote and/or may advertise Ellevest’s investment adviser services. Ellevest and the Solicitor are not under common ownership or otherwise related entities.

All opinions and views expressed by Ellevest are current as of the date of this filming, for informational purposes only, and do not constitute or imply an endorsement of any third party’s products or services.

The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice.

The information provided does not take into account the specific objectives, financial situation or particular needs of any specific person.

Investing entails risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

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Sallie Krawcheck

Sallie Krawcheck is the Founder & CEO of Ellevest.