Michalik: Service jobs teach real-world business better than finance internships
Chris and Rob Michalik · Chris and Rob Michalik - Twin Tackle of Private Equity at Kinderhook (EP.416) · Nov 11, 2024 · at 8:24
Kinderhook Industries co-founders Chris and Rob Michalik discuss how early blue-collar jobs in Detroit shaped their business perspective compared to modern finance internships.
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“Everybody wants an internship today at a private equity firm or an investment bank, and I would call it the school of the real world. I think there's nothing better, be it working as a waitress or a waiter in a restaurant or working in a service business or working in a hospital and dealing with the real issues that make a business run and understanding how people treat the people that make the businesses run. Because ultimately, when you start as a analyst or an intern at a bank, that's wonderful. But it doesn't really teach you much about what makes the real world tick. It makes you work hard, but not necessarily understand people.”
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