Early Career Predicament
I need some guidance on my next career move. I did a year in a very mediocere M&A shop and now have serious traction with: a Big 4 Deals Advisory team, a Big 4 RE Consulting team, a Private Equity Operations role (traveling portco analyst), and a High Yield Credit Investing analyst role. The same big 4 is responsible for the first two and the same firm is responsible for the latter - it is a multi-billion dollar private investment firm.
My long term goal is to be in sports or agriculture.
My ethos is much more aligned with being an operator as I have strong leadership and intuition but I feel inclined to pursue the investing or deal advisory roles to gain knowledge, experience, and a stamp of approval. I certainly do not see myself becoming a PM or MD.
Based on the most helpful WSO content, here's how you might approach your decision:
Clarify Your Long-Term Vision: Since your ultimate goal is to work in sports or agriculture, consider which of these roles aligns best with that vision. For example:
Evaluate the Learning Curve:
Consider Lifestyle and Fit:
Think About Exit Opportunities:
Trust Your Intuition: Since you identify strongly with being an operator, the Private Equity Operations role seems like a natural fit. It aligns with your leadership skills and intuition while providing valuable experience in managing businesses. However, if you feel the need to build a stronger financial foundation first, the High Yield Credit Investing role or Big 4 Deals Advisory team could be stepping stones.
Ultimately, prioritize the role that aligns most closely with your long-term goals and personal ethos. If you're still uncertain, consider reaching out to mentors or professionals in your target industries to gain additional perspective.
Sources: Private Equity vs. Venture Capital in 2018, Q&A: VC General Partner at Top Fund, Q&A: Managing Director at Large Global Asset Manager, Elite Operations Group?, Is S&T still a good career path?
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