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Strategy& fish - i’m currently recruiting for org strategy. Ive talked to associates (in the healthcare practice) and theyve mentioned that it doesnt matter whether youre in corp strategy, org strategy, etc and that you’re pretty much pooled by industry when it comes to staffing.
Can someone confirm this? Also, what do you expect the restructuring to look like?
It was all a dream
Betty! I ❤️ you!
Chief
Big 4 is like the state school of consulting
Will FB replace work stress councilors?
Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.
McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte
#ClimateChange #Sustainability #Water #ESG
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Chief
Ask your dad for a small loan of $100m
In the 21st century there’s only 3 ways to reach 100M+ levels of wealth:
1) Inheritance and generational wealth: takes no skill other than to not get screwed by inheritance tax, other relatives, or your father’s mistress.
2) Marry into it: Easy if you’re a young beautiful woman or a boy-toy. Need high tolerance to cater for old spoiled people and their jealous relatives.
3) Scamming people: crypto, NFTs, internet scams, get-rich-quick pyramid schemes, getting into politics, lying to investors… the possibilities are endless. High risk of ending up in the can.
Me and my friends easily made a few million from bitcoin and crypto. I’m still holding with hopes of the $100m threshold you mentioned. My plan now is to just get an mba and do a search fund with my money + credibility from m7
Create a cryptocurrency, hype it up, pull the rug.*
* This is not advice or guidance, legal or otherwise.
You do know that even if you have a million dollars in the bank, or property/possessions of that value, you’ll still be called a millionaire.
Trying to understand the reasoning behind 100 mil.🤷🏻♂️
Flex on us, what boat you got D3
Obviously starting a company or continually buying and scaling businesses.
But other answer is you can actually get there in something like consulting, IB, PE - you just have to save and invest everything, spend as little as possible, and retire late. You’ll die with $100M, but have lived like you had $100.
Wrong
100m is easy. I started with nothing but a whole lot of student loans and i'm on track for 5m in stocks + payed off house by 45 just investing 40-50% of my income from college til 45.
From there, if you worked to cover expenses and didn't invest another dime with the money invested in sp500 it should double every 7 years.
So 10m by 52
20m by 59
40m by 66
80m by 73
And you'd pass 100m about 2.5 yrs later at 75.
So just gotta work til 75 and invest heavy and you can do it. Not worth imo but anyone in this bowl has the capacity to do it if they channeled their discipline for all those years.
cash out in italy and pay only 0.76% capital gains tax 💪🏼🔥
There’s lots of joke answers here but let’s face it, we’ve all asked ourselves this question when we were younger. Here’s the truth: the only way to amass a level of wealth on par with 100 million is to start your own business.
This is the only method that’s somewhat realistic assuming you’re not a Rothschild.
What will the business be about? Which services will it provide? How will you scale it where your personal wealth is 100 million? My advice is examine all companies that are worth 100 million plus, see what the founders did, and start assessing what’s realistic from the perspective of your own skills and connections.
Truthfully, a lot of these entrepreneurship zero to hero stories are MYTHS. Family connections, right time right place, and typically first mover businesses built during the advent of a rising technology (mobile phones, Bitcoin, AI, etc.). It’s possible, but there’s so many factors outside of your control that have ultimately nothing to do with your own work ethic and merit.
You don’t need 100 million to have a happy life. That’s a narrative capitalism sold you as kool aid. Hang out with your friends, crack open a beer, fall in love, take vacation.
I normally don’t share it with others but I’ll make an exception. The easiest way to make 100 M is to find something sold for 1B buy it for 900M and then sell it for 1B.
Write a book on how to be a multimillionaire and sell it to ppl like you. It’s what all the “influencers” are doing.
1. Start making your own coffee
2. Stop buying avocado toasts
3. Make $100M
Simple as
Look up Alex Hormozi - he is your best chance
Chief
$5m is pretty great for his age.
That would make him an age adjusted 1%er
My 2 cents (other than the relevant comments already present)-
1. Pass the bag- can you build a timely business/startup to be acquired by a bigger fish? Can you repeat it?
2. Asset compounding- can you find great deals and hold onto them? (Distressed properties, business turnarounds)
3. Broking- can you match supply & demand to make cuts at lower risks?
4. IP royalty- can you build, own, market, & sell IP (patent, content, etc)
5. Sell- are you exceptional in selling and can sell complex deals to build upon high variable income?
In summary, the path is in value maximization and communication. How you do it should align with your strengths.
All the best
Chief
Win the lottery
Rising Star
Start a business.
If you have to ask, you’re not gonna make it unless you hit the lotto or marry into it
Just make sure not to buy coffee or avocado toast
Pro
Buy one share of GME and wait two weeks.
/s
Must be Sunday...
How about you start with $1 million.
Chief
Start a business that you can scale at little variable cost
The more original your idea, the more likely you are to be successful because the less competition you'll have.
Most people who try this won't hit that target, but at least your odds of success won't be zero.
Chief
I don't think you should even focus on $100m because it's so unlikely.
Baby steps: ask yourself the question "how could I stand up a business that's profitable at all?"
That's not easy. If you can do that, then start thinking about $100m.🤣
Find a promising startup around their series A fundraise. Figure out how you can get a chunk of equity to take the risk and join in a strategy role. Hope the company eventually goes public. Collect your $100m on IPO day.