Final (rev.1 vs 01.16.09 original) Stepping up your Networking Actions to make your networking efforts pay off February 6, 2009 Purpose To provide more specific advice on how to approach networking so that you can find contacts, uncover job opportunities and position yourself as the most promising prospect. In order to get the most out of this presentation, read “Stepping Up Your SelfDirected Job Search” first. 2 Agenda Background: Reminder of what you need to have in place before you start networking Discussion: Close up on networking The implications of the principle: Making it easy for people to help you Resulting action plan for you to follow Approach by target Approach by media Q&A and feedback 3 Part One Background Refresher on “Stepping Up Your Self Directed Job Search” 4 Reminder: The 4 principles that should shape your job search Know where you want to be in Company X and why Create the perception that you have already done the job that you are pursuing Make it easy for people to help you Own the process If you aren’t familiar with these, please read the “Self Directed Job Search” presentation on the COC site 5 Reminder: How these principles shape your job searching tools Your Tools + Principle Resume + Create the perception that you have already done the job that you are pursuing Tailor your current Tepper formatted resume so that it reads as if you’ve already done the job you are pursuing Research + Know where you want to be in Company X and why Become intimate with the resources available to you via the COC and Hunt Library so that you have a list of 35 companies that you are pursuing and you know the function within each that you want Networking + Make it easy for people to help you = Your resulting action Arm yourself with a targeted networking plan that asks your contacts for advice and/or other contact names so that you are moving forward and your contact is open ended 6 Reminder: The first two principles need to be realized before networking begins Know where you want to be in Company X and why Create the perception that you have already done the job that you are pursuing It won’t be “Easy for people to help you” unless you can be super-articulate about what you want to do and why you are the best candidate for the position 7 Pre-networking checklist You have a target list of 35 companies and can articulate why you are interested in Co. X You know what function/position you want to be in (finance, marketing, etc) But you also have in mind a back-up position you’re interested in pursuing You can articulate succinctly why you are pursuing this position and what you bring to the table so that your audience gets the perception that you have done this job (by a different name) before Once you’ve done these things, you are ready to network! 8 Part Two How to “Make it easy for people to help you” What this means for you in actionable terms 9 The conversation that may be going on in your head I understand the concept, “Make it easy for people to help.” But, what is the implication for me? What do I need to go do? Hmmm….if I say to myself, “I need to make it easy for people to help me, so I need to ________” … I can derive implications. YOU 10 Lets try it: In order to make it easy for people to help you, you need to _______ 1. Ask for things that are easy to give: 1) advice 2) names of friends or colleagues who may have other insights 3) feedback on your resume. 2. Be super clear about your ultimate goal – a job doing ________ at Company X (or a company like X) 3. Be ubiquitous 4. Reach broadly so that you are not relying too heavily on any one person 5. Remember that you are always selling yourself…..don’t waste time asking a bunch of questions…get to what you’re offering 6. Be likable by showing your appreciation and keeping it short 11 You may be thinking… Can we get more specific? 12 Take a step back and think about all the real-life situations you may find yourself in as you network Talking to 2 potential audiences 4 ways to Network People you know People you don’t know In person Scenario A Scenario B On the phone Scenario C Scenario D Via email Scenario E Scenario F Via the web (Facebook and LinkedIn) Scenario G Scenario H Lets make an action plan so that you know what to do in each of these situations ( = Go do this! ) 13 Close up on #1 & # 2: Ask for things that are easy to give AND Be super-clear about your ultimate goal You are not asking for a job. You are asking for: Advice on how to get a job; And/Or, names of people who can help you because they are in the industry you want to be in. Or, because they do the job you want to do; And/Or, for your contact to look at your resume and see if they have any feedback (which you can ultimately take or leave) That said, you need to balance this with being clear that you ultimately want to get a job in ___ at Co. X. 14 How does this look in real life with People You Know (PYK)? Spell out what you are trying to do so that your contact has a very clear idea of what you are asking them to think about In Person Say On the phone I am ultimately trying to get a job in Corporate Finance in Columbus Ohio. As a first step, I am trying to create a network of people who may be able to give me advice on how I could best approach each of my target companies. Ditto Do you know anyone who works at any of these target companies or anyone who works in these industries that I can call? Add: Let me read a few of these company names to see if it jogs your memory. Read. What is the best way for me to get this list to you? Do Show them your list of 35 target companies specifically. Ensure that they receive your list. Ask them to think about if they may know someone there. Write down any information they give you at that point. Set up a time (within a few days) where you can call to dig deeper on who else they may know. Ditto 15 How does this look in real life with People You Know (PYK)? Spell out what you are trying to do so that your contact has a very clear idea of what you are asking them to think about Via Email Write Via LinkedIn or Facebook I am ultimately trying to get a job in Corporate Finance in Columbus Ohio. As a first step, I am trying to create a network of people who may be able to give me advice on how I could best approach each of my target companies. Ditto Do you know anyone who works at any of these target companies or anyone who works in these industries that I can contact? Here is my list of companies: Do NOT attach your list; Put it in the body of the email so the reader does not have to work to access it. Set up a time (within a few days) where you can talk so that you can dig deeper on who else they may know. . Ditto 16 What else? Make your list reader friendly and pass-along-worthy (pretty counts). Otherwise, it will just get tossed. Sophia’s List of Top 35 Companies where she needs you to help her find networking contacts Given to JD on 1.08.09 What I need from you: Names of people who work at these companies or in the ___________ industry. Please read this list carefully and think about whether or not you know: Someone who works at any of these companies (anywhere) Someone who may know someone (you have a super-connected friend or colleague, you know - someone who works in this industry but not necessarily in finance, etc.) Someone in the geographical area who may ultimately know someone Company/Industry 1 2 3 4 5 6 Descriptive Title and date for accountability Purpose Thought Starters 1. 2. 3. 4. 5. 6. Company A Company B Company C Company D Company E Company F Location Specificity and more thought starters No one is going to read or remember this 7 Consider using company logos or other cues to make this more visually interesting 17 How does this look in real life with People You Don’t Know (PYDK)? Say Do Spell out what you are trying to do so that your contact has a very clear idea of what you are asking them to think about In Person On the phone Make small talk, then sell: I’m a Tepper MBA with __ years of work experience. My experience and education have really honed by problem solving skills, my ability to work in teams and my results orientation. Get to the point: I’m a __ year Tepper MBA with __ years of work experience in ________. I’m networking with the ultimate goal of finding a job in Corporate Finance in Columbus Ohio. At this point, I am just looking for advice. I am ultimately trying to get a job in Corporate Finance in Columbus Ohio. Name references: I got your name from_____________. I am also a… Tepper MBA, U of M graduate, Electrical Engineer, etc. As a first step, I am trying to create a network of people who may be able to give me advice on how I could best approach each of my target companies. I am trying to connect with people who may be able to give me advice on how I could best approach each of my target companies. These include Name 3 or 4 companies. Eventually (if they don’t offer to help) as you build rapport: Do you know anyone who works at Name 3 or 4 companies or anyone who works in the abcd industry? Or, anyone in Columbus? Do you think we could set up a time to talk for about 30 minutes? My objective is to get your feedback on the things I’m doing to network and to see if you have any advice. Get their contact information if there is any potential (The target says, “Let me think about that….Or, I’m sure I can help you but can’t think of anyone off the top of my head.”). If you don’t get them in person, leave a message and then follow up with an email so that they hear from you twice. Follow up with a phone call or email. This person is now in the PYK category (see preceding pages). 18 How does this look in real life with People You Don’t Know (PYDK)? Spell out what you are trying to do so that your contact has a very clear idea of what you are asking them to think about Via Email Write Do Via LinkedIn or Facebook A descriptive title: 1st year Tepper MBA looking for advice from professionals in Corporate Finance NA Name references: I got your name from_____________ I am also a… Tepper MBA, U of M graduate, Electrical Engineer, etc. Name references: I got your name from_____________ . I I’m a Tepper MBA with __ years of work experience. My experience and education have really honed by problem solving skills, my ability to work in teams and my results orientation. I’m a Tepper MBA with __ years of work experience. My experience and education have really honed by problem solving skills, my ability to work in teams and my results orientation. I am in the midst of a summer internship job search. As a first step, I am trying to create a network of people who may be able to give me advice on how I could best approach each of my target companies. These include: Name 3 or 4 companies or name an industry. I am in the midst of a summer internship job search. As a first step, I am trying to create a network of people who may be able to give me advice on how I could best approach each of my target companies. These include: Name 3 or 4 companies or name an industry. Do you think we could set up a time to talk for 30 minutes so that I can get your advice? My resume is attached so that you can see my background. Do you think we could set up a time to talk for 30 minutes so that I can get your advice? Attach your resume. NA Make your list very reader friendly so that the reader understands what they should be thinking about NA Follow up with another email if you don’t hear back within a week. Follow up with another email if you don’t hear back within a week. am also a… Tepper MBA, U of M graduate, Electrical Engineer, etc. OR, We are connected on LinkedIn/Facebook via ________________________ 19 Close up on #3 : Be ubiquitous You must be Continually in touch with your network Easy to find Quick to respond Affiliated with the “group” you are trying to become a member of Keeping your network informed of your job search progress Staying in touch even after you are employed 20 How does this look in real life with People You Know (PYK)? Stay in touch with your network as best as you can. Remind the key players of what you are doing and that you need their help. Do so: In person By email By Phone Via LinkedIn or Facebook 21 How does this look in real life with People You Know (PYK)? Be meticulous about your record keeping. You need to create a system that allows you to easily access: Contact name How you got to them Date(s) you communicated Actions you need to take as a result of this communication There is NO “right way” to keep records. It’s a matter of personal preference. That said, you need to create a system that works effectively for you! 22 How does this look in real life with People You Don’t Know (PYDK)? Actively use LinkedIn to get your message out there Join as many relevant groups as possible including: Carnegie Mellon, Tepper, MSCF, Quant Finance, High Frequency Trading, all prior firms that you have worked for, your undergraduate, your city, your function, your target company names; other relevant cues. Regularly read and participate in discussions and blogs with the goal of finding networking targets. Fill out your profile as if it’s a billboard: List your prior work experience/titles. If possible, do so in a way that positions you for the job you are pursuing. Complete “Education” section Write a very descriptive “Summary” that captures all your key selling points and the highlights of your resume. Feature your resume on your page (under “Experience”) 23 For perspective, here is a very communicative LinkedIn summary Good LinkedIn Summary Kathleen M. Taradash was formerly the head of fund of funds and secondary fund research at Cambridge Associates LLC. There she specialized in non-marketable alternative asset fund-of-funds and secondary fund investments on behalf of the firm. Before joining Cambridge Associates, Kathleen practiced as an attorney in the private equity group at Proskauer Rose LLP. In this role, she represented venture capital and private equity funds and managers in capital formation, investor communications, and investments. She also represented institutional investors with respect to investments in venture capital and private equity funds. Prior to this, she was an attorney in the business practice group of Testa, Hurwitz & Thibeault, LLP. There, her corporate practice included diverse public and private company transactions. Her company representation experience includes venture capital financings, securities compliance, technology licensing and commercial agreements, mergers and acquisitions and general corporate representation. Kathleen also has experience representing investment banks in public offerings and private placements. Kathleen received her undergraduate degree, cum laude, from Tulane University and her JD, with high honors, from University of Connecticut School of Law, Intellectual Property Program. She is admitted to the bar in New York, Massachusetts (inactive) and Connecticut (inactive). What works: - Function specific lingo -High level description of her experience - Super clear takeaway for the reader 24 For perspective, here is a LinkedIn summary that misses the opportunity Bad LinkedIn Summary (This is a 1st Year U Michigan MBA student profile) Accomplished professional with solid experiences in strategic analysis, product marketing and supply chain management in the electronics industry; seeks continuous challenges and incremental business responsibilities. • Organized and self-motivated with strong skills in problem solving, quantitative analysis, communication, teamwork, and interpersonal relationship management. • Multi-lingual individual with sensitivity to cultural differences and proven track records in developing businesses in overseas markets including China, India and Japan. What is missing: - No function specific lingo -No clear description of past experience -Unclear what the reader should takeaway 25 How does this look in real life with People You Don’t Know (PYDK)? Actively use LinkedIn to find contacts and reach out to them Join as many relevant groups as possible including: Carnegie Mellon, Tepper, MSCF, prior firms, your undergraduate, your city, your function, your target company names. Then check in regularly to see what is being discussed, what the update is, what the latest “connection or group updates” are, etc. You may find an opportunity to chime in or a contact name. Use the “Search” feature to find contacts. Search based on: o Your current company list o Former work places o Former colleagues’ names (even if you have been out of touch) o Your desired function (Private Equity, Trading, etc) When you “Invite ___ to join your network,” do not use the generic message that LinkedIn automatically generates. Instead, write in the email: 1) how you are connected to the person 2) explain that you are networking and 3) tell them you are looking for advice. Some people are more willing to let outsiders join their networks than others. So, you should try to connect to PYDK via building connections (which LinkedIn shows you) vs randomly emailing them. However, you never know when you may get lucky with a random email. 26 How does this look in real life with People You Don’t Know (PYDK)? Actively use Facebook to find contacts and reach out to them Look at all your friends’ friends to see if any of them provide clues as to how they may be helpful to your job search. Email all your friends and tell them what you are doing; ask if they can be helpful Write on your own or your friend’s wall, “Do you know anyone who works at Microsoft?” and see if you get any replies BE PROFESSIONAL! Do not post questionable pictures, comments, etc. Employers DO look! (see appendix for specifics) LinkedIn is much more of a business-only tool than Facebook (which seems to be 100% social). So, focus your efforts on LinkedIn and use Facebook opportunistically (walls, emails to friends, etc.) 27 One important thought about Facebook Again….Be meticulous about your record keeping. Be careful to accurately record interactions including making note of when a PYDK becomes a PYK 28 How does this look in real life with People You Don’t Know (PYDK)? Again….Be meticulous about your record keeping. Be careful to accurately record interactions including making note of when a PYDK becomes a PYK 29 Reminders of other ways to “Be ubiquitous” (previously discussed) If your target companies cluster geographically, find contacts and then go and meet them in person…go there! Join any/all professional groups and attend meetings Tap into all of your current networks (everything from your undergraduate network to your extended family). Look at the first year class and second year class resume books so that you can see if any of your classmates worked at one of your target companies prior to coming to Tepper. Go the extra mile and look at last year’s graduating class resume book. If you find someone who worked at one of your target companies, ask all the 2nd years if they know that person or keep in touch. Try 3 times to connect with a contact (via email or phone) before moving on. If they haven’t responded after 3 times, they are probably not willing to help. Note that either email or phone is appropriate for a first contact. There is no “right” outreach protocol. 30 Close up on #4: Reach broadly There are two camps of people (PYK and PYDK). These comprise all of your potential contacts. You already have a network in place (PYK) …reach out to them! Your goal is to grow the network via every possible avenue Implication for you (and we can’t say it enough): Tell everyone (PYK) about your networking efforts and what you are trying to accomplish! 31 How does this look in real life with People You Don’t Know (PYDK)? Investigate and broaden your network with help from Hunt library In order to … Get quick biographies on 1.4 million people (at various professional levels) Use… Marquis Who’s Who- can also create lists by many criteria (occupation, location, college, special interest, etc.) Find lists of executives for your target companies and contact information Leadership Directories- for major companies (includes email) Venture Xpert – major players at VC/PE firms and also at the companies they acquire) See who is in the news at a target company LexisNexis Academic – do a “People” search ProQuest – only database that includes the WSJ Find many other resources for job searching The Tepper Job Search @ the Library Questions? Contact Roye Werner at Hunt Library: 412-268-2453 or rwerner@andrew.cmu.edu If you’re off campus, to use databases you’ll need to connect via the VPN 32 How does this look in real life with People You Don’t Know (PYDK)? Use LinkedIn and Facebook and others like them (see pages 23-27). 33 Close up on #5: Remember that you are always selling yourself…..don’t waste time asking a bunch of questions…get to what you’re offering Remember that you are selling your brand so every interaction matters. 34 How does this look in real life with PYK and PYDK? Frame your conversations/emails in terms of what you can do for Company X, not why you would like to work at Co. X. Remember that it is about what you can do for them…not what is in it for you. DON’T: “I want to work at Company X is because it is the leader, most innovative, smart, etc.” Company X already knows this and will not be impressed by your compliments. DO: “Based on my research, I think my background as a problem solver and team player as well as my passion for _________, will allow me to come in and hit the ground running at Co. X.” If/when you meet/talk, use the opportunity to sell yourself AS you pose questions about the company. Remember, you are looking for “advice.” DON’T: Ask impossible-to-answer questions like, “What is the company’s new product strategy for the upcoming year….?” DO: Use your company research to highlight your selling points. For example, “I see that Company X is on a new product introduction streak. Should I be focusing efforts talking about my new product launch experience? In the past I….” 35 Close up on #6: Be likeable No one is going to help you if they don’t like you…especially in this economy when people are worried about their own jobs. 36 How does this look in real life with PYK and PYDK? Say/Write “please” and “thank you.” If you don’t, then the whole Tepper community (present and future) looks bad. A real life example follows 37 Letter received by COC from an Alum (Jan 2009) Hey COC counselor - How are you? How is it going? I wanted to raise an issue with you that is somewhat concerning to me: I have recently been contacted by a few of the students who have received second rounds with Company ABC asking me for help & I have spent some time and effort giving them tips and locating people who work in the specific product groups that will interview them. In all of these cases I have not received one reply thanking me for my help. This is concerning to me not because I care about the thank you's - but more because these people are probably acting the same way with people they don't even know who are not committed to them or maybe even to Tepper in any way. Just to give you an example: A person sends me an email saying they are interviewing with group X asking for help. I send them a very elaborate 2 page email giving general tips, telling what I know about group X and saying that I will try and find someone who works in group X to connect them to. I get no reply to the email. A few days later I find someone who agrees to talk with them and I make the connection. Again no reply (not even a confirmation of receipt). A few days later, the student sends me another mail saying that this person I found for them did not reply to their email - could I find someone else? I give the contact person a call and he says that he was sick and asks that they contact him again. I send the student an email asking them to contact the person again. Again - no reply. This is very strange to me - when I was looking for a job - I was so grateful to anyone who was willing to spend 5 minutes to help me... I see it as a matter of basic manners (and you know me - I'm not this formal guy) – I also found that showing gratitude makes these people prone to spend more time helping you if needed. Moreover these contacts in the product groups that are going to interview the students can help the student if they are impressed with them by saying a good word to the interviewer, OR do the opposite if they are offended by their manners... I am sure that some people will be really offended by this and not feel like helping these people again. 38 How does this look in real life with PYK and PYDK? Keep it short … enough said 39 Part Three Discussion and Q&A Here is where you can add your ideas 40 What else? Do you have any advice to give other students in order to help their networking efforts? Was there anything missing in this presentation that we need to include in order to help with your networking efforts? Do you have any other questions or comments? 41 Part Four Appendix 1. Getting started with the networking tools here at Tepper 2. Article from NYT about using privacy settings on Facebook 42 Start networking with COMPASS Find Tepper Alums/friends of Tepper via COMPASS: https://alumni2.tepper.cmu.edu/compass/Login.aspx Look in green Quick Link box on COC home page; listed as Tepper Alumni Database You can search for alums by People or Company Name Alum chapter Geography Advanced But…. 43 The most efficient way to search is via “Advanced” (first hit “People”) Go to People Go to Advanced Degree year Level (MBA, PhD) Job function Title Alum Chapter (use for broader reach vs. “Geography” or “Zip code”) Company (Type in first few letters or words for list to appear) Industry (Type in first few letters or words for list to appear) Status as “Recruiter” or “Corporate Presenter” Note that the issue we face with COMPASS is that the data has not been 100% vetted and the interface is evolving. 44 Or, here is what Alumni Relations recommends: Visit www.tepper.cmu.edu/alumnidirectory and click on the link “Forgot Password” A screen opens asking for your email address and to fill out the reCaptcha form. If you enter an email address that Compass recognizes, then you are sent a link to follow in order to set your own own password. If Compass does not recognize your email, you are given the TepperAlumni@andrew.cmu.edu email to contact for assistance. We monitor that email address daily and will answer any questions/requests then. For Carnegie Mellon, any alum can log in or register if they have not all ready. For questions, the main CMU alumni phone number is 800226-8258. 45 CMU resources are also available Find CMU Alums/friends of the university via http://www.cmu.edu/alumni/index.html Get your Personal Access Code (PAC) through the Alumni office (J. French or G. Weems janicef@andrew.cmu.edu or weems@andrew.cmu.edu Hit Current Students on the left Hit Online Community link (in the middle of the page, part of text). This will take you to a page labeled Connect which provides links to to other networking channels including: Carnegie Mellon on Facebook Carnegie Mellon's LinkedIn page Carnegie Mellon's YouTube channel 46 Here is the Connect page from the All-CMU Alumni site Connect Carnegie Mellon offers a number of tools to help alumni connect with the university, each other and current students—including our own online community, the Carnegie Mellon LinkedIn Network and our channels on social networking sites like YouTube and Facebook. Find and Contact Classmates • Search the alumni directory • Sign up for a you@alumni.cmu.edu email forwarding account • Become a Carnegie Mellon Fan on Facebook Catch Up On and Discuss the Latest News from Fellow Alumni • Read and submit Class Notes online Go to Network to Advance Your Career • Connect through Career Networking • Connect via Carnegie Mellon LinkedIn Network • Meet alumni in your area through the Regional Chapters Find and Register for Alumni and University Events • Visit the Alumni Events Calendar Get the Latest Online News and Media about Carnegie Mellon • RSS Feeds • Carnegie Mellon iTunes U • Carnegie Mellon on YouTube 47 Words of Wisdom from the NYT BASICS On Networking Sites, Learning How Not to Share By RIVA RICHMOND YOUR boss saw pictures of you drunk at last Saturday’s party. An old flame found out you’re seeing someone else. The nosy neighbor discovered you were laid off. These and many other uncomfortable scenes are repeated daily on social networking sites, where millions of people now gather to share the details of their lives with, well, practically anyone they’ve ever known — and quite a few people they don’t know at all. Like well-behaved kindergartners, we love to share. And Web sites like Facebook, MySpace and LinkedIn have grown hugely popular by making sharing bigger, faster, easier and awfully fun. With so many people participating — 35 percent of Internet users in the United States aged 18 or over now use an online social network, according to a December survey by the Pew Internet Project — life on these sites can be very rich. Yet, evidence of your nocturnal exploits, ill-considered comments and business secrets can also go global in an instant. Much of the danger lies in the fact that, increasingly, our “friends” on social networking sites are actually a mix of people — friends, family, acquaintances, colleagues — with whom we would normally share only a piece of our lives. The good news is that the sites, eager to prevent jittery users from scaling back what they share, have been busily adding features to give us more control over our information. These privacy settings are not always easy to find and use, and they can get downright complicated. But if you think before you post and put the privacy settings to work, you can socialize and network in the way that is comfortable for you, with less worry about mishaps. The first decision is whether to make your profile publicly available or to keep it more private. More than a third of adult users allow all comers to see their profiles, while 60 percent restrict access in some way, according to the Pew survey. Here, it’s helpful to consider your goals. Do you simply want to connect with the friends you already know? Or are you looking to make new friends or cultivate business contacts? All the big social sites give you control over public accessibility, but each starts at a different place on the public-private continuum. The full profiles of MySpace users aged 18 and over are available to everyone on the Internet by default. Users can make their profiles private fairly easily, but the onus is on them to do so. Go to “Account Settings,” then “Privacy Settings,” then “Change Settings,” then “Who Can View My Profile.” From there, you can customize who gets to see what. 48 Words of Wisdom from the NYT (continued) On Facebook, the default is a private profile — users decide how far to open the door. You can choose to limit admittance to friends or allow in members of your “networks,” which may include people who went to the same school, work at the same company or even live in the same city or country. To make adjustments, go to the “Settings” tab, select “Privacy Settings,” and work your way through the options there. Facebook has long allowed users to create more circumspect “limited profiles” for less-close friends. But about a year ago it expanded that notion and enabled users to create many “friend lists” — one for college buddies, another for work friends, another for family — and control the information they share with each. This makes it possible to distribute party photos with only our best friends, and family reunion photos with just your family. If you’re looking to keep a low profile on Facebook, it would also be a good idea to look at the “Applications” section in Privacy Settings. Just because you have shielded parts of your profile doesn’t mean you have done the same for Facebook applications that have access to much of the same data by default. On LinkedIn, which is used for professional networking primarily, most people want public profiles, and that’s the default. The information LinkedIn users share tends to be professional credentials, not details of their social lives, so there’s less need for privacy. “You should think of LinkedIn as your safe self for the public world,” spokeswoman Kay Lau says. But LinkedIn users will still want to be careful what they divulge. James J. Talerico, Jr., an independent business consultant based in Dallas, uses the site heavily to network with potential clients looking for financing and investors interested in projects so he can match them. He recently changed his settings to conceal his list of nearly 2,000 contacts, after noticing that a competitor viewed his profile. (Click on “Account & Settings” from your homepage, then scroll down to adjust the privacy settings.) 49 Words of Wisdom from the NYT (continued) “There are so many opportunities with social networking now that they outweigh the potential risk,” Mr. Talerico says. But as in offline business settings, “you have to be cautious and you have to set those boundaries.” Whether your profile is public or private, for security reasons, it’s a good idea to avoid posting your home address, phone numbers and other data that could help identity thieves defraud you — including details like your mother’s maiden name. Even if your profile is private, there’s little to stop your online contacts from copying and sharing your data with others. So it’s a good rule of thumb to avoid posting pictures or confessions that would humiliate you or a friend if they reached the wider world, because they very well could. One of the best-known cautionary tales in this regard is the one about the tipsy Tinker Bell. Last Halloween, a young intern at a bank reportedly e-mailed his bosses begging off work the next day for an implied emergency trip home to New York. Co-workers saw a picture of him on Facebook the next day in a sprite costume with a wand in one hand and a beer in the other. His boss e-mailed the shot to the intern and blind-copied the entire office. Within hours, the photo and e-mail messages were splashed on a popular blog and around the Internet. (You can see the whole story on Gawker at tinyurl.com/db9t2o.) Maia Gilman, a freelance architectural designer in the New York area, considers carefully everything she posts on Facebook, avoiding negative comments about anyone she knows and regulating the political views she expresses. Ms. Gilman is also careful about posting photos of her two sons and has asked babysitters not to post any at all. As a self-employed person, “everywhere I go I’m meeting a prospective client,” she says. “You put your best foot forward because you don’t know who you’ll meet.” The reality of online socializing is not all that different from actual socializing. Amanda Lenhart, a researcher at the Pew Internet Project may have put it best. “We are different people with different people,” she said. 50