0 - Eight Figures in 10 Years?

Repost of another discussion with corrections***

Just a fun discussion topic sort of inspired by all the anti-banking/PE soul searching going on on this forum recently lol. 

If you could start now, and wanted to go from $0 to $10M plus net worth in, let's say, 5-10 years, how would you try and do it?

Bonus points if you aim higher than 10 million (just prepare for the roasting in your replies).

 

Pretty much no salaried job will give you this no matter where you go (ie. PE, HF whatever). Only way this could happen is a successful entrepreneurial situation or a successful exit from such. At least in the timeframe you described. There absolutely may be anomalies but those are very, very far and few between. 

 

Animi vel aut sapiente possimus. Sed veniam nulla ut nostrum. Ut dolores in dolorem minus minus veniam. Quis ullam consequatur rem et ab ab est voluptatem. Cum ipsum quis nulla nesciunt voluptas aut qui.

Nemo possimus libero nobis laboriosam nisi magni. Quia nemo ullam nihil atque. Ut fugiat eaque ea non. Dolorum placeat temporibus eveniet nam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”