From finance to entrepreneurship, your stories?

For people / or people you know who have made the transition from finance to starting their own businesses.

What kind of business are you running? Any success/failure story and lesson?

I'm running a referral marketing agency catering to a niche segment of fintech, have a bit of a hard time for it to take off given amount of time I'm spending on this side business, still have my full time job in finance but I'm contemplating going full time business owner.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (7)

Sep 12, 2021 - 12:50pm

I've been thinking long and hard about entrepreneurship myself and I believe that the days of buying laundromats are gone. The next big thing is decentralized finance - still the wild west right now, but so little regulated that you can move fast, start things and break things without having to jump through endless regulatory loops. Just a bit more technical than the business model of your average waste management firm..

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Most Helpful
Sep 12, 2021 - 1:27pm

I guess it depends on what you call "entrepreneur". DeFi is like fintech, it can mean anything. 

On the investment side, it'd be easy to offer give non-tech savvy investors access to returns derived from crypto. The 8th biggest cryptocurrency (Polkadot) pays you 12% per year just for staking. Lending USDT (a stablecoin with a fixed value of $1) can net you an annual >30% return which is basically risk-free since crypto loans require borrowers to put a collateral whose value is greater than the loan itself. There's also yield farming, in which Mark Cuban is active.

All DeFi projects on the corporate side will still be related to financial services. For video games, in-game currency could be based on an actual token that it'd be easy to trade on online markets, etc. An interesting use case is KCS, which is Kucoin's (a crypto exchange) currency. Each day it pays 50% of the transaction fees generated during that day to all KCS holders.

  • Business School in CorpFin
Sep 12, 2021 - 12:38pm

Eum neque dignissimos voluptas exercitationem vel. Velit sed at cum consequatur est quia sapiente culpa.

Blanditiis itaque quas et totam accusantium non dolorem. Minima deserunt omnis est. Sit assumenda sed quisquam ut. Modi incidunt soluta ducimus blanditiis rerum quaerat.

Start Discussion

Total Avg Compensation

September 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (218) $232
  • 2nd Year Analyst (130) $153
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (478) $135
  • Intern/Summer Analyst (375) $82