At a MM healthcare boutique, and have a serious itch to become an entrepreneur. Biggest issue is I'm young, and have found that the necessary network I'll need for a founding team must be older (doctors, tech team, operations team). Looking for advice from anyone who has made this transition (or closely knows someone that has) to see how they grew their network with the limited time we have in banking.
Additionally, any advice / insight on major differences, lessons learned, business model formulation, etc. would be greatly appreciated.
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Interested as well
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That's a really weak blocker.
Run a search on linkedin to find ex-founders that are physicians and contact them. There's your co-founder.
Worked with another analyst in my healthcare group that left after his analyst stint and formed a healthcare startup successfully. Another associate in our group started a restaurant/winery (also successfully). It's doable. I agree that you will have some catching up to do on network and resources. The former I mentioned comes from a family of entrepreneurs and healthcare folks that already had considerable resources and an established network that he was able to leverage, I'm sure. You may cycle through a number of ideas before one feels like it has wheels. Again, the former I mentioned took 2 full years before he launched what ultimately became his startup. If you have the runway to take your time and make smart, long-term decisions, and you're serious about it, I say go for it. I would also say that the path to entrepreneurship, based on what I've seen, is anything but linear; so, I wouldn't discount yourself because you're "young." That said, the benefit of being in IB/PE is that you gain so much from constantly being around founder-owners and entrepreneurs, especially in MM/LMM PE, so it may be something you are willing to put off for a few more years while you garner more experience. You might even come up with a great idea based on companies you've worked with. This is coming from someone who is NOT an entrepreneur...just my thoughts.
Following. Super interested in this topic.
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