Lacking Pedigree but have access to Capital. Is ETA for me?
July 10, 2021
by a searcher from University of Southern California in Los Angeles, CA, USA
Hello,
I am new to this forum and currently in the process of reaching out to other searchers/serial entrepreneurs to understand if I should pursue this path. I have approximately 2 years of Asset Management experience in Retail Real Estate and have experience leading over 10 different teams of people working out to roughly 30 people. My family has money that they have expressed being interested in investing in the correct senerio of up to 1 million dollars. The problems that pop out to me are my lack of experience, pretty young (25 years old), and no MBA I can leverage for other outside investors. Would be curious to hear about other younger entrepreneurs in the space!
in Portland, OR, USA
When I was 25 the US military trusted me with managing ~40 people. To ensure success, the big military system had a lot of policies and procedures in place to make it safer. They also paired me with older, more seasoned managers that either reported directly to me or directly managed junior staff members. It was a well built (albeit not perfect) system. While I haven't succeeded as a business owner, my experience tells me that your success will hinge on finding a match. By that I mean maybe aim for a business that can cater to your lack of professional work experience yet allow you to fully employ your vision, enthusiasm, and drive. I'm not sure what the right answer is but if you're committed you'll figure it out.
from The Ohio State University in Chicago Metropolitan Area, USA
https://twitter.com/RandLarsen1?s=20
In my opinion, you can afford to focus almost entirely on getting operational reps vs. accumulating capital since you seem to have that part covered.