| Topic Name: |
Future Entrepreneur-Best Route |
| Message Name: |
entrepeneur or relationship captial |
| Date Posted: |
01/21/2003 |
| In Reply To: |
I thought you wanted to be an entrepeneur! If you want to climb the corporate ladder, I would pick consulting over IB, unless you have a very strong interest in the finance function. (Although you can do pretty well also by just going to a company like GE and marching through the ranks there.)
If you want to be an entrepeneur, there is no reason why you have to wait until several years after college. Actually, except for very specialized situations, you are probably better off not going into consulting or IB (which are professional services...a bit removed from where the rubber meets the road.) You are better off, starting a coffee stand or inventing a beer funnel, or creating a term paper writing service or what-have you.
The true hunter-killer entrepeneur is a bit different than IB or M/B/B. Of course these places may use the term "entrepeneurial" but it is a bit of a corruption of the concept...sorta like when they talk about "leadership".
I'm being a little bit cynical and cute here for effect...but bottom line is I mean what I say: entrepeneurs start businesses. They sell stuff to people. Being a data rodent (sorry analyst...cute cynicism creeping in again) is not the same thing as starting a business. |
| Message: |
I agree with TCO.
If you're a dedicated entrepenuer you learn more from starting your own business.
Scalling a business takes people, time, and money.
Consulting and IB allow you to learn the mechanics of of a business on paper but not how to run one. Totally different issues.
Either way you have to build up the relationship captial with your peers. This can happen in both scenario's but your exposure to business issues in Consulting and IB will be limited to a core area...the data mining part.
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