At crossroads! Patrick and other ENs, please take a look if you are around.
Hi Patrick and all other EN users out there,
Long time lurker. Chimp poster.
I think I am at a crossroad in my life and I do hope some of you would be able to provide me with some pointers.
I have a BA in social sciences (nontarget), a MS in entrepreneurship (non target) and a MS in public policy (target). All in all, I spent 6 years at university learning the art of BS and honing my other non quantitative skills that only makes most BBs balk when they look at my CV. I did another MS at a target because I thought I could do better with a 'brand name' school on my CV and also because it was pretty much the only MS i am qualified for. But I think that even made it worse because my CV screamed 'this kid is the most confused kid ever'.
I have no debt as I am very fortunate to have my education funded primarily by scholarships and my parents. In fact, I have about $30k saved up from my 6 month back office job at a BB (my one and only full time job after my 1st MS), some ebay sales and oddjobs during undergrad.
4 months ago, I started a niche site like yours, selling products and was able to generate about $300-500 in profits/month. Today, I met one of my dad's good friend who has a 10 yr old company that sell technology products to SMEs and pulls about $4M a year. He has asked me to be his 'distributor' and market his products in other states. Also, I hold an offer in consulting for a botique firm that has about 10 offices worldwide. Its not a top tier botique like ATK, LEK etc so exit opps maybe somewhat limited.
I get really excited when it comes to entrepreneurship and feel absolutely pumped discussing opportunities and the future. As for consulting, I am not so sure if I like it - the lifestyle, the nature of the work, but i do like the 'interaction' and working in teams factor and given that I have spent so much time at university and that I have only 6 months of full time experience, society has compelled me to take the job.
I am 23 this year.
A - Take consulting $60k/yr + focus on niche product site in spare time (not even sure if I have the time as I've heard these guys have the stress and hours of IB without the bonuses of course!)
B - Hustle out on the streets trying to sell my dad's friends products (each piece of equipment is like $20k and avg contracts are worth ~$50-100k) + focusing on my niche product site, while eating away my $30k savings (out of which $10-15k will be spent on the niche product site, yep - i am selling tangible products not BIWS or interview guides :)
Sorry for the lengthy post. Its late and I cant sleep.
Cheers
Sounds to me like you have the desire and capability to go the entrepreneural route so why not go for it? Risk is best taken young; later you might not have the chance.
This may be your one opportunity in life to put it all on the line and take a chance. You have no wife, no kids, no debt, etc. A message board full of anonymous posters cannot comment on what will ultimately make YOU happy.
Thanks.
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