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Entry-level Career Advice for Aspiring Chief Financial Officers

Ryan's most significant career lesson is "never burn bridges," emphasizing relationship-building as crucial for career advancement. This strategy, coupled with seeking opportunities at large companies to maximize networking potential, led to many subsequent roles where "every job I had...was because I knew somebody."

Networking, Relationship Building, Career Advancement, Large Companies, Professional Development

Advizer Information

Name

Job Title

Company

Undergrad

Grad Programs

Majors

Industries

Job Functions

Traits

Ryan Faulkingham

CFO

Compass Diversified

Lehigh

Fordham MBA

Accounting

Finance (Banking, Fintech, Investing)

Finance

Video Highlights

1. Network extensively: Building strong relationships throughout your career is crucial for future opportunities.

2. Prioritize large companies: Working for a large company can expose you to more people and create more networking opportunities.

3. Leverage your network: Many job opportunities arise from existing contacts; nurture your relationships strategically.

Transcript

What's one lesson you've learned that's proven significant in your career?

The biggest lesson is to never burn bridges. Every job you have should focus on establishing as many relationships as possible.

Earlier in my career, I mentioned that working at the largest company you can is beneficial. Being open, communicating, and interacting with many people early on sets the stage for future opportunities.

Every job I had after Anderson came about because I knew someone. They'd call and say, "Hey, we have this great opportunity for you. I loved when you worked for me. Come work with me again. Here's why it's a great job." That's how the rest of your career takes shape.

If you go to a small organization with fewer people, it can be harder to kickstart the number of interactions and opportunities you have down the road.

This is why, if you're unsure of your exact career path, try to find a large business. A very big company can provide more relationships and opportunities than a small one.

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