Left bcg after at consultant post Mba. I am now in corporate strategy and m&a at a top FMCG. I like the role and the company but I am worried that my future growth will be slow and Will peak at a mediocre compensation. I want to turbocharged my career and get to the 1M + before my 40s. I am 30 now. Anyone with similar experience? What's the best way?

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One of the reasons so many people stay in consulting is that consulting partner is pretty much the highest probability way there is to make a million dollars.

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Probabilities are lower, to get in and to stay in.

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Start a search fund, acquire a small business and become a CEO

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You won’t get to $1m comp probably but you’ll get a good payout in 5years or so

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Think you could pivot to a D1 football coach? In all seriousness, there are very limited jobs that pay a million a year. A heart surgeon makes half million on average. If a million is your goal, get back in consulting quick and start working up the ranks to partner (and that is at a strategy firm, not big 4 on your timeline).

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If you come back as SM you might not be too far off at big 4. 3-5 years to partner. 5 years to 1M.

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Should have stayed at BCG and made partner? (Real partner, not “Partner”)

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Be a partner's partner

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My boss did HBS=> McK for 5 years => joined a startup that was looking for an exit => exit happened when he was 40. He negotiated a CEO role at exit because the founder wanted to take a break. He was in a position to negotiate his own comp, and company filings show his comp is close to 1million pounds. He has been coasting as CEO since 2012.

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What is “mediocre compensation” to you?

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I don’t think you will break $1mm in FMCG. You need to be BCG partner or need an exit.

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Or come to Deloitte!

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Hi, I’m looking at a similar role/exit. Wouldn’t a PE firm be a good exit? Also, can I DM you - are you willing to chat more about your experience?

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So anything less the $1M is mediocre? And here I was hoping my next roll nets me $400k+. Lol

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Huh why didn’t you stay at BCG then?

How much do you make now?

What’s stopping you from hitting VP/SVP at your current firm in the next 5-10 years? That would net you off the 1m.

The likelihood is low, but I’ve seen a handful of people making it happen. They were above average but had a good sponsor network supporting and pulling them up.

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