Finance vs. Traditional entrepreneurship
Hello,
There are plenty of traditional entrepreneurs on the Forbes 400 list (as well as lesser centimillionaires and decamillionaires) such as Bill Gates, the lateSteve Jobs, Ted Turner, the Home Depot guys.
There are also plenty of Hedge Fund Managers, Private Equity guys, VCs, and such on the Forbes 400 list. I may even count Real Estate as a type of finance.
My question is, how does one decide between the traditional product based business world ( trying to become the next Ray Kroc or Steve Jobs) vs. finance (trying to become the next Paul Tudor Jones or Gordo Gecko)?
In which world is it easier to reach an eight figure net worth? Which contains better risk reward ratios? What are the diferences in the skillsets required and how do the motivations of top entrepreneurs (like Bill Gates or Meg Whitman) differ from top investor types (whether long term types, hedge fund guys, prop traders, etc)?
I would appreciate any thoughts.
Thanks
Good luck becoming Gordon Gecko... he was a fictional character...
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