Very cool that you started this, but I'd guess nearly zero chance that you can continue. You have to clear outside business activities / conflicts of interest / other investments with your new PE firm, and I'd be shocked if they allowed these competing activities unfortunately.
Appreciate the transparent response! Say hypothetically the firm was OK with this (i.e., real estate vs completely different vertical), what would your thoughts be on continuing?
With that level of commitment, it's a significant distraction. I think it depends on your priorities.
If your goal is to become a GP / continue with this side hustle eventually full-time and learn a bit more about diligence and deal-making through PE, then maybe it's fine.
If your goal is to genuinely learn as much as possible in PE, perform well (top of class, outsized bonuses, etc.), and potentially pursue PE as a career-track long-term path, then you need to drop the extracurricular. PE is far too demanding to have something eat up this kind of time.
I'd also still argue that it's a conflict of interest (even if just time commitment-wise). This may sound harsh, but if I was your VP/Principal/etc., I'd have zero patience if I ever found out that you were scheduling work calls around your side hustle schedule, especially if you ever rescheduled or missed something.
Very much appreciate your candor/transparency as always on here! This was my hunch as well. Just wanted to gauge the thoughts of the folks here as a sanity check...don't have too many friends in finance who understand the demands of the role.
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Very cool that you started this, but I'd guess nearly zero chance that you can continue. You have to clear outside business activities / conflicts of interest / other investments with your new PE firm, and I'd be shocked if they allowed these competing activities unfortunately.
Appreciate the transparent response! Say hypothetically the firm was OK with this (i.e., real estate vs completely different vertical), what would your thoughts be on continuing?
How many hours a week is the commitment, and does it require any work or calls during working hours?
With that level of commitment, it's a significant distraction. I think it depends on your priorities.
If your goal is to become a GP / continue with this side hustle eventually full-time and learn a bit more about diligence and deal-making through PE, then maybe it's fine.
If your goal is to genuinely learn as much as possible in PE, perform well (top of class, outsized bonuses, etc.), and potentially pursue PE as a career-track long-term path, then you need to drop the extracurricular. PE is far too demanding to have something eat up this kind of time.
I'd also still argue that it's a conflict of interest (even if just time commitment-wise). This may sound harsh, but if I was your VP/Principal/etc., I'd have zero patience if I ever found out that you were scheduling work calls around your side hustle schedule, especially if you ever rescheduled or missed something.
Very much appreciate your candor/transparency as always on here! This was my hunch as well. Just wanted to gauge the thoughts of the folks here as a sanity check...don't have too many friends in finance who understand the demands of the role.
Happy to help and admire your ambition. Good luck sorting!
Atque reiciendis ut iusto quam iusto dignissimos. Velit eum earum illo nihil nobis qui. Ducimus quos architecto ut cupiditate aut id. Dolorem velit numquam doloremque sit deserunt repudiandae provident. Deleniti quod voluptas qui qui nisi. Incidunt laboriosam nesciunt temporibus quis tempora laboriosam ratione. Magnam reprehenderit occaecati facere voluptas sed sed voluptas.
Quas quis omnis fugit hic. Quo odit quia modi consequatur cupiditate ea vel similique. Culpa voluptate magnam esse est porro dolorum animi. Est minus reprehenderit porro odio excepturi autem ex.
Dolores distinctio aut sint dignissimos et veritatis. Et molestiae nisi repellendus debitis ea. Eum ipsa nihil ex labore molestiae exercitationem praesentium.
Facilis sed voluptas assumenda dolores. Odit excepturi occaecati dolorem praesentium autem. Ut dolor nobis reiciendis qui rerum. Quaerat unde exercitationem similique totam ut accusamus. Dolorum labore sed tempore. Ipsum et aut culpa voluptatem ullam et nisi.
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