What is the best path to becoming a F500 CEO?
This is a purely mental masturbation question. I am at a top business school with strong experiences of top undergrad, consulting, and private equity. And now I am curious what I would have to do from here to end up as F500 CEO. I had never considered that path because it seems so unpredictable unlike becoming a partner at a consulting or private equity firm (work hard, succeed, and get lucky - whether or not it is easy to execute is one thing, but the reality is the career itself is easy to plan for). Thoughts?
Have the last name of Ford or Rothschild or Walton
Start a F500 company
F500 CEO is not a realistic goal. You can aim for senior management perhaps. Consulting -> lateral to your industry of choice in corp strategy/corp dev is a common way
Disclosure: Not something I’ve thought of at all, whatsoever
Opinion: I think, the highest probability path (from my perspective) would be to focus on laying the foundation for a Search Fund (which is common for graduates from top bschools). Spent 1-2years “searching” for a company to acquire and operate as CEO. The size of the target company will depend on the size of the Fund you raise.
Although less profitable, and maybe even somewhat counterintuitive, I would advise searching for a very simple, small business that seems very easy to learn the ins/outs & is complimentary to your specific skill set, & also one with a strong supporting management team in place. The smaller the business, the more margin for error, and there will be errors.
Once you get the hang of this, try to scale the business through inorganic M&A by adding-on smaller companies, thereby making yours bigger & bigger.
Now, as an operator with a proven track record, you can either:
A) sellout to a Fortune 500 company strategic buyer, & increase the probability of rising through the ranks
B) have proven yourself as a good operator in a PE-style platform, and partner with a PEGs as an interim CEO, gradually working your way up in the size of companies you operate, until one day you may find yourself asked to be the CEO of a F500
true story lol
https://www.wallstreetoasis.com/forum/consulting/is-management-consulti…
this is like asking what's the best path to become a billionaire or president of the us lol
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