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Truly Driven

The One Percent Rule

October 02, 2008 - by Kanishka Kelshikar

We are all aware that at the moment, the market is quite "challenging" to say the least. True, we have banks that are failing and professionals that are losing their jobs. This might discourage you from applying for jobs considering the elevated level of competition for the shrinking number of available jobs. At times like this is when I think of the one percent rule.

It goes something like this:
You send out a hundred applications. If you have done your homework well, perhaps you get ten interviews and if you're lucky you might just get one job offer. Sounds a little extreme? Well so is the market!

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About the Author

Truly Driven is written by
Anton Volobuev.

Anton is a junior at Adelphi University, majoring in finance and minoring in economics. He is interested in pursuing a career in the field of finance, where he will also be able to utilize his entrepreneurial skills. He often peruses the pages of the New York Times, Wall Street Journal, and Fortune magazine to gain insight into careers and what the world of finance offers. Currently, he is leaning toward becoming a certified financial planner. He is serving his second term as the president of The Finance Society. His interests go beyond the business realm. He is driven by his hobbies, which includes cars, sports, and education. He lives life by his simple, yet powerful quote: "Either I will find a way to my goal, or I will create one."

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