As an Ivy League educated investment banker in the US, life couldn’t have been better. The high life of working and partying hard, and spending even harder was all too consuming.
The bankers call it the life of “Models and Bottles” i.e. building financial models to sell companies and ordering overpriced bottle service at high-end New York lounges. During 2010-12, I was regularly meeting business owners, mostly first generation entrepreneurs, who had built companies with $100 million to $500 million valuation, to strategies to further maximize their value. I would suggest them either to buy some other company that was strategic to their business growth or in some cases sell themselves. It is then that the hollowness of not building something from scratch was just beginning to surface.
This story is from the November 2017 edition of Entrepreneur magazine.
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This story is from the November 2017 edition of Entrepreneur magazine.
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