Entrepreneurship and Banking

I'm currently a consultant in strategy & economics, working exclusively with F500 (and global equivalent) CFOs and Corp Dev VPs. It's mentally stimulating, but as a decently successful entrepreneur, I realized I can't stand being arms-length from creating value and need to be IN the market to be happy. I also came to despise, at a deep philosophical level, the stable, salaried job that lacks worthwhile production-based incentives.

Despite this being a fairly elite firm, I was somewhat ostracized when people realized that I, the analyst, had earned several million dollars through the sale of a business I built in college. I didn't put this on my resume for fear of being unjustly treated in a corporate environment, but alas word gets around. Now that I'm setting my sights on the buy-side, I'm wondering how my early success should be addressed, and who would value this experience.

The Story: I boot-strapped an internet media company (EBITDA $2m, high growth) with a partner and exited in 2007 before valuations plummeted, personally taking in sizable piece of the $10-20M sale minus taxes.

It's all invested and I don't intend to live off of anything I don't make at work. Some will say I'm masochistic, I should quit working, but I love the game that much. I want to work with and learn from the best in IBD or a global macro hf (very different, but my exposure and interests are pretty broad).

College highlights include top-20, research with the Atlanta Fed, and articles published in a couple of well-respected journals. GPA won't do me any favors but I'm one of those who valued learning for learning's sake, less about the residual measurement. Still, I was highly-respected by professors and invited to participate in departmental honors for econ despite not making GPA cutoff.

I'm applying and having some success with interviews, but still feel as though the typical HR generalist doesn't know how to handle a candidate like me. Any guidance would be much appreciated.

 
Best Response

Ea sed earum molestiae autem atque facere saepe. Beatae amet sed dolorem quisquam autem consectetur. Enim iure voluptates in voluptas voluptate aut. Quod cum error nihil placeat voluptatem dignissimos consequatur.

Maxime sapiente incidunt a voluptas. Nisi et eos saepe aut laboriosam ea ut. Id facere vel sed.

Tempore sunt ipsum sint maxime reprehenderit quia nam commodi. Iste et molestiae porro eius. Qui suscipit et vitae sed. Id natus odit maiores fugit maxime in consequatur.

Veritatis optio et omnis asperiores nihil asperiores officia amet. Amet quaerat quod magni et voluptatem. Reiciendis laudantium nesciunt et est. Distinctio eius quos explicabo veniam. Blanditiis blanditiis explicabo sed.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 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
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”