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Can anyone tell me the Manager bandings for S&C?
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Can anyone tell me the Manager bandings for S&C?
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Technically speaking the expected value is between $400k-1M. That’s more than what most consultants make! I would do it
No. But I’m also risk averse
A key question is: How reliable is the 20% estimate? Maybe is 1% and you are overestimating the likelihood of success
Yes
Is this a case study question for an interview ?
Key here is time commitment
How much time investment required before you know if it's working?
Gotta factor in the chance of going back to consulting afterwards if it fails.
That should make this a no brainer to go for it
Can I sell equity? If it is truly a 20% chance at even $2m a year, in an efficient market you should be able to sell equity to hedge against the risk of failure. If there's a 20% chance of $2m /yr for 10 yrs vs $0 then someone should be willing to buy 50% for at least $500k or so
It’s called seed or angel investment.