• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessCareers

NYU professor says traditional networking is ‘nonsense’ — instead, real friendships are key to success

Emma Burleigh
By
Emma Burleigh
Emma Burleigh
Reporter, Success
Down Arrow Button Icon
Emma Burleigh
By
Emma Burleigh
Emma Burleigh
Reporter, Success
Down Arrow Button Icon
September 12, 2025, 12:02 PM ET
NYU Professor Suzy Welch
NYU professor and seasoned business leader Suzy Welch says that handing out business cards at industry functions won’t lead to success. Melinda French Gates, Oprah Winfrey, and Gayle King have also leaned on friends for professional growth. Brooks Kraft / Contributor / Getty Images

Gen Z is facing a dire labor market—and it’s forced young professionals on the job hunt to stealthily promote their resumes with boxes of donuts, or to take up waitressing gigs at conferences just to get a foot in the door. But Suzy Welch, professor of management practice at New York University, believes the key to success is a lot simpler than that. 

Recommended Video

“Students in college are told by their parents and their professors: network, network, network. And I just think it’s nonsense,” Welch said in a recent video on TikTok. “I think it’s nonsense because I’ve watched business for the past 40 years of my life, and I see how it works. And it works because of friendships, not networking.”

When Gen Xers and baby boomers were on the prowl for jobs in their 20s, walking into an office building and handing over their resumes wasn’t out of the ordinary. Hitting the streets and hopping from offices to industry events could even potentially land them a job.

But unlocking a career opportunity today may take more depth than simply sharing a business card. And Welch would know; the seasoned consultant, business columnist, and news contributor has witnessed what has worked over the past four decades. 

“This idea that you’re going to stand in a vast hotel conference room and hand somebody your card, and it’s going to result in a great career is completely crazy,” Welch continued. “You should take the time that you waste networking and commit to learning how to be a friend to people.”

In actuality, she explained that building deep connections over many years could help professionals climb the corporate totem pole in the long run. Success might not be instant, but it’s a foolproof way to keep opportunities flowing. 

“It works because over the course of your life, you have become friends with somebody. You have done favors for them without any expectation of return, and then over time, one day, there’s a piece of business, and they’re the ones who help you get it,” Welch said. “And this is how businesses actually run: friendship on top of friendship, on top of friendship.”

How leaders leverage friendship in their professional lives

Welch isn’t the only business leader who leans on their pals to enrich their careers.  

Billionaire philanthropist and early Microsoft employee Melinda French Gatesis booked out every Monday morning for a walk with her three closest female friends, with whom she’s been connected for more than 30 years. Those routine strolls are a time for her to seek wisdom from her closest confidants, which has proved to be essential in getting through the highs and lows of her personal and professional lives. A business partner or distant acquaintance might not be so honest in giving advice—but lifelong friends aren’t afraid to give real feedback. 

“They are my truth council. Whenever I’m going to make a really hard decision or make a big transition, I know I have to have the courage to tell them…and they’re honest with me,” French Gates told Oprah Winfrey and Gayle King in an interview last year. “You actually need a friend who will tell you the truth even when you don’t want to hear it. I’ll say about my friends, they have a perspective on me, and I have a perspective on them.”

In that same conversation, Winfrey and King opened up about what they’ve gained from their nearly five-decades-long relationship. The media icon and TV host first met back in 1976 at a Baltimore news station, when 22-year-old Winfrey was just getting her career off the ground as an anchor. She offered 21-year-old King a job as a production assistant, and the rest is history. That initial moment of support—and the ways they’ve championed each other over the past 49 years—have been essential in moments of professional change. 

For example, when Winfrey wanted to head to Chicago, where competing daytime talk-show host Phil Donahue was also based, people discouraged her from making the jump and potentially losing viewers. But King encouraged her to take the leap—something a surface-level networking connection might not advise. Moments like these were critical in building her media empire. 

“Had I not had somebody who believed that me moving to Chicago could be successful, I might have not made the move,” said Winfrey in the 2024 video interview.

Coins2Day Brainstorm AI returns to San Francisco Dec. 8–9 to convene the smartest people we know—technologists, entrepreneurs, Coins2Day Global 500 executives, investors, policymakers, and the brilliant minds in between—to explore and interrogate the most pressing questions about AI at another pivotal moment. Register here.
About the Author
Emma Burleigh
By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Coins2Day, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Coins2Day’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.