HF --> Found a startup?
You made enough money to found your own start-up (a small one) and you now want to explore the world other than finance.
You don't have any IBD, PE or consulting background, so you're not that strong in strategy. What are your options?
IT? Engineering? Agricultural? Fashion?
Creativity is the key.
Form a startup only if there's a real problem that you're addressing
Great advice. Thanks Jay.
what are some industries for start-up opportunities where one can use his skillsets gained from career in hedge fund?
Go to Hamburger U and franchise a McDonald's.
thanks for your great input
You don't create a startup for the sake of creating a startup. You create one because you have an idea and a plan.
You have neither. There are plenty of "entrepreneurs" out there infatuated with the idea of starting their own business when they should infatuated with the idea of their business.
Getting ideas on WSO is really one of the worst things you can do...all you get is a financial services or banking perspective on everything.
Great comment
HF fees are going down, yet start ups are getting higher and higher valuations.
Start an investment firm...
Lol you act like it is easy just to enter a new field. All four fields you listed require expertise in a specific skill. You can't just start a tech startup without some understanding of the technology you are putting out there. Take_It_To_The_Bank is right too. You don't start a company because you're bored. You need to actually be passionate about it to work on it for hours on end.
there was a HF guy that started a film financing company.
What's the name? name of the HF guy and the company
120dbfilms. There are a couple of others I know of - you can do anything when you have money...
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