Job Search Got You Down? Words of Wisdom from the “Funemployed”

It’s a phenomenon that’s sweeping the unemployed nation by storm: Funemployment. Defined by Urban Dictionary as “The condition of a person who takes advantage of being out of a job to have the time of their life”, funemployment (or ‘paycation’ as it is sometimes called) has become a buzzword to describe a subculture of atypical ex-employees who have somehow waded through the shock and horror of joblessness and ended up alive and kicking on the other side.

Searching for a new job can be daunting at times, there’s no doubt about that. The seemingly endless stream of applications and dead-ends is enough to leave any member of the newly idled workforce ready to throw in the towel and start making under-funded videos on YouTube. But for a select few, this dreaded suspension from traditional employment has morphed into a unique opportunity to step away from the 9-5 lifestyle.

But seriously.  The national unemployment rate climbed to 9.7% in June, the highest it has been since the 80’s. In light of this, there’s one piece of advice we would all like you – the best, brightest, and most innovative unemployment force America has ever seen – to take away. Keep your cool, step back, and breathe. In the words of Monty Python: always look on the bright side of life. Pick up something that you’ve always wanted to pursue but never had the time for. Learn how to skateboard, join a knitting club, start a blog, or play matchmaker for your sister’s awkward oldest son.

Staying calm and taking advantage of your down time by doing things you love not only saves you a lot of stress, but makes you more attractive to potential employers when you finally do decide to don your suit once more.

So what will you do to stave off the post-layoff blues? In the end, it’s up to you. But whatever you decide, this is one Doostang team that is with you all the way.

Until Next Time,

Your Friendly Neighborhood Doostang

Doostang Success! – Job Redemption in a Recession

Doostang is more than your average career networking site.  Many of the Premium Job postings on Doostang are not available on any other website or through any other resource.  Our commitment to target only the most highly qualified candidates enables us to forge strong relationships with employers like Summit Partner, Google, Time Warner, and Goldman Sachs, who in turn grant us the exclusive ability to allow applicants to apply directly to the hiring manager and bypass the “black hole” of online applications.

After graduating in 2009 from Dartmouth with a double major in Economics and Government, Mike discovered the Doostang Advantage:

“After graduation, I followed many of my peers to the management consulting industry. I initially found a job at a small consulting firm in Washington, DC, but after four months I realized that I wanted a greater challenge.  Unfortunately, I had only my four months of work experience plus the few things I learned in college to offer – in the middle of an increasingly widespread recession.

To my pleasant surprise, Doostang was able to connect me with a startup economic consulting company in Boston called Advanced Analytical Consulting Group.

Advanced Analytical was only three months old at the time, and its job listings were exclusively on Doostang.

Thanks to Doostang, I was able – in the middle of a recession! – to get a more interesting, more challenging, and better-paying job.”

If you are interested in sharing your Doostang success story, contact Chelsea at ckemp@doostang.com

Doostang Jobs of the Week: Why Go Premium?

Doostang’s Premium service gives you exclusive access to more than  7,500 highly sought after positions at companies like Google, Goldman Sachs, McKinsey & Company, Kohlberg Kravis & Roberts, Summit Partners, Time Warner, Facebook, and more.

Looking to get ahead in your job search?  Here are just a few of the job offerings currently posted on Doostang:

Investment Banking Analyst (M&A), Global Investment Banking Firm, New York, NY
Preeminent international investment banking firm seeks Analyst for its core M&A advisory team. Bachelors degree and 1-2 years relevant experience required.

 Insight Analyst, Leading Provider of Clean Energy Industry Information, Washington, DC
Leader provider of clean energy industry information seeks insight analyst to conduct market research in each clean tech field. Bachelors degree and 1+ year experience required.

 Business Development Associate, Prominent Investment Adviser, Denver, CO
Prominent Colorado-based investment adviser seeks Business Development Associate. Recent graduate from a top MBA program.

Entry Level Marketing & Operations Generalist, E-Commerce Startup, New York, NY
Innovative, venture-funded e-commerce startup seeks Entry Level Marketing & Operations Generalist. Some relevant experience a plus.

Senior Consultant (Strategy & Innovation), International Consulting Firm, San Francisco, CA
International strategy & technology consulting firm seeks senior consultant. MBA preferred, 6+ years experience required.

How Doostang Helped Me Land My First Job Out of Grad School

This success story comes from a 2008 graduate of the London School of Economics and Political Science.

Aftering finishing graduate school in Fall 2008, I spent about 6-7 months searching for a job. As everyone knows, the job market was not kind to recent graduates, and I was trying anything and everything to land a job - from attending conferences to cold calling people. I was convinced that the traditional method of sending a resume and cover letter through a job search engine was not going to cut it in this environment. However, Doostang was the remarkable exception to this rule. I was beginning to find myself receiving more interviews through positions I applied for on Doostang than via any other means.

“…the epic long search ended with me finding an amazing position, in the exact field I wanted through simply clicking ‘Send’ on Doostang!”

So of course, I shouldn’t have been surprised when the epic long search ended with me finding an amazing position, in the exact field I wanted, through simply clicking ‘Send’ on Doostang!  I think the true value in this site is that you can be pretty confident that someone is reading your application – and you are always given a real person to follow-up with. In true social networking fashion, you are connected to recruiters and employers in a reliable way. When people ask me how I found my job, I always love to tell the story of how I was trying everything in the book – and in the end it was Doostang that faciliated the opportunity that I was looking for!

If you are interested in sharing your story, please contact Chelsea at ckemp@doostang.com!

Have You Heard What People Are Saying About Doostang?

Here is what other users have to say about their experience with Doostang – and the real difference Doostang made in their job search.

After using many recruiters and job boards, I was about to give up on my job search when a friend invited me to Doostang. I immediately responded to a Sales & Trading position at JP Morgan, interviewed within the week and was invited back for two other rounds. I got the position two weeks ago – less than a month since joining Doostang.

-Wesleyan class of 2005

Transferring from Private Equity to Public Market/Credit Investing is not the easiest thing to do. That is unless you have access to the thousands of excellent Premium Jobs on Doostang. After interviewing for a few weeks along the West Coast, I’m very happy to have accepted my position at Medley Capital.”

-UPenn class of 2004

I just wanted to thank you for everything. Through the website, I landed a great private equity job at Summit Partners. Without Doostang, I never would have made that crucial connection to someone in my network who already worked at Summit. Keep up the great work on the awesome site!

-Stanford class of 2006

Be sure to check back soon, as we are very excited to begin posting weekly success stories from our community!

If you are interested in publishing your Doostang success story on our blog – a landed job or internship, a successful networking connection, or just something inspirational about your career that you would like to share – please contact Chelsea at ckemp@doostang.com.

-The Best Doostang Team Around

Doostang Partners with 85 Broads, Giving Ambitious, Career Focused Women Access to Outstanding Jobs

The news of our recent partnership with acclaimed women’s network 85 Broads has hit the web!  Here is the full press release, published on marketwire.com this morning.

Premier Women’s Network Partners With Leading Career Website

NEW YORK, NY–(Marketwire – July 9, 2009) - , Doostang, the principal online career website for highly sought after professionals, announced today its collaboration with 85 Broads, a unique community of innovative, pioneering women who share a passion for excellence in their personal and professional lives.

“As a global network founded to enable women to achieve, excel, and meet their personal and professional goals, 85 Broads is committed to maintaining a standard of excellence at every stage of a woman’s career,” said Janet Hanson, CEO and Founder of 85 Broads. “An important part of that commitment, especially given today’s challenging job market, is providing our members with the best career opportunities. We are extremely pleased to partner with Doostang in order to help our members develop their careers.”

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The Partnership enables members of 85 Broads to gain access to Doostang’s Premium Jobs at significantly reduced rates. Doostang has over 30,000 in demand jobs on its website, of which over 7,000 are Premium Jobs — hard to come by positions at leading finance and investment houses, consulting firms, media companies, and technology startups. These Premium Jobs are specifically targeted to high-achieving graduates of leading academic institutions.

“We are thrilled to be partnering with such a widely respected community of accomplished women, many of whom will no doubt reach the career heights set by Janet Hanson during her 14 years at Goldman Sachs,” said Mareza Larizadeh, Founder of Doostang. “We also look forward to providing its members with the kind of choice career possibilities consistent with the 85 Broads’ mission.”

Members of 85 Broads can take advantage of the Doostang partnership by visiting www.doostang.com.

About 85 Broads:

Founded in 1997 by Janet Hanson, the first woman in Goldman Sachs’ history to be promoted to sales management, 85 Broads is a globally recognized network of trailblazing, career-minded, multigenerational women graduates and students of the world’s leading undergraduate universities and graduate schools.

With over 20,000 members and representatives from 82 countries, it has become a leading resource for women interested in using their talent and leadership savvy to affect professional, educational, economic, and cultural change for all women globally.