I've been reading WSO for a while now and obviously this is a forum oriented towards finance jobs in New York. In light of the recent Best Buy CEO firing, I was asking myself: this guy never went to college, is making 8 figures a year, and is kind of a moron (trust me--I know him), and became CEO of a large company. So many people want to break into a hedge fund after IBD or whatever, but why don't more of us go for corporate roles at large non-finance companies? Sure it takes longer to make so much money but with the work ethic of people here, it's definitely possible to be making serious cash at a reasonable age. And isn't the work/life balance much better?
Am I missing something here? Is it easy to leverage high finance experience into a corporate/executive role at a F50 company? Is the prestige factor that comes with becoming the next Phil Falcone hedge fund mogul really that important to you guys?