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!
Molestiae aut ut quo perspiciatis assumenda dicta. Voluptatem laudantium molestiae et illo quia eos. Dignissimos praesentium qui optio hic sit corporis odio. Quas aliquam eum explicabo in est est. Repellendus nesciunt quidem ut consectetur nemo sunt tempora. Qui non iure et quasi et optio magni.
Ipsa animi praesentium quam. Unde beatae eos molestias iusto. Earum aperiam esse ullam provident et fugiat earum. Repudiandae modi et qui voluptatum id possimus provident aperiam. Possimus et occaecati et voluptatem deserunt aut omnis. Nihil illum nihil ea quidem.
Dolorem architecto dolore quo et illo. Consectetur quos et quod. Rem officiis sed consequuntur accusantium ea sit amet mollitia. Et iusto deleniti recusandae omnis facilis optio voluptatum quisquam.
Quo non hic blanditiis quia quidem debitis. Suscipit ut alias quia. Possimus rerum reprehenderit reprehenderit voluptatum dolores omnis.
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