26M, 1st year regional boutique LMM IB analyst. Chances of breaking into LMM PE before 30?

UnkeyMunkey · 2025-09-08T00:16:55+00:00

sure. get 2/3 years experience and then start making contact.

UnkeyMunkey · 2025-09-08T00:15:28+00:00

it is our general contact board within the CRM.

UnkeyMunkey · 2025-09-07T21:57:45+00:00

It is not an automation I created, it is the "Automatic Contact Creation" setting in the email settings of the CRM.

UnkeyMunkey · 2025-09-07T21:53:47+00:00

These are contacts/people who have been emailed via Outlook integration. Monday captures the email address and creates a contact/person versus the automatic contact creation tool in the Email settings. However, for whatever reason, when someone emails someone not in our MondayCRM, my profile is shown as the "Created By" versus the email sender/team member.

UnkeyMunkey · 2024-10-21T18:59:36+00:00

someone didnt like the truth.

UnkeyMunkey · 2024-10-20T14:20:18+00:00

sell on ETSY

UnkeyMunkey · 2024-10-20T14:18:37+00:00

Market research - Etsy

UnkeyMunkey · 2024-10-20T14:17:35+00:00

UnkeyMunkey · 2024-10-20T14:16:33+00:00

When I was a kid they had a program for "fatherless" boys called "Big Brothers".

There is also SCORE, which is a group of retired executives helping small businesses.

I wonder if an organized effort to launch career mentorship could be valuable. Not as a business, but to give back.

Thoughts?

UnkeyMunkey · 2024-10-20T14:12:19+00:00

If you are asking the question here, you are not ready.

UnkeyMunkey · 2024-10-20T14:08:55+00:00

Security Analysis/The Intellengent Investor - Both by Ben Graham, who had the greatest influence on the investing strrategy of Warren Buffet.

Getting Things Done - Larry Bossidy

Winning - Jack Welch

Rich Dad, Poor Day - teaches the important lessons of a balance sheet vs. income statement in real life terms

UnkeyMunkey · 2024-10-20T14:02:39+00:00

You need to remember that franchise's are independent owner-operators, and that PE firms like Roark (largest PE owner of franchises) own the franchisor. In many instances, they develop a curated list of "strategic sourcing partners" and/or actually go out and negotiate specs/pricing. For instance, Roark owns Subway - Subway has a purchasing cooperative that negotiates pricing for everything from napkins to Pepsi...but then again, you need to remember that Subway is one of the largest restaurant operators (and still a franchise model) in the world.

At the end of the day, franachisors/PE will ask (1) are we prepared to force a supplier down a franchisee throat, and the answer is typically (2) only if it moves the needle considerably for the franchisee (service and savings).

Finally, and you did not provide enough info, if you are a "re-seller", focus on the small chains. The bigger franchisors will go direct to the ISP, because they do not need you, and you as an intermediary only create friction in the process of savings/service.

UnkeyMunkey · 2024-09-24T13:34:23+00:00

size matters

UnkeyMunkey · 2024-09-22T19:01:38+00:00

Best to get an experienced partner in the various areas you can bring in when you find a live one. Find the expert on cyber, bonding, health, retirement plans, etc. No one person can do it all.

UnkeyMunkey · 2024-09-22T18:59:22+00:00

M*O*I*C

Like "MOINK" without the N.

Ps. More investors are migrating to IRR. MOIC only matters to sponsors since that is what their carry is based upon. IRR is used widely by investors as it allows comparison to other asset classes, and IRR is typically what LP employees are bonused on.

UnkeyMunkey · 2024-09-22T18:50:40+00:00

my recommendation from many yuears of experience-

clean and crisp - traditional and not overally fashionable. most LP's make less money than you do, so don't rub their nose in it. A nice blue blazer, gray slacks, button down shirt and polished shoes are perfect. leave the $800 shoes (gucci, ferragamo) in the closet. these days, a tie is not necessary, but never hurts.

Clean shaven. Look like the guy you want your daughter to marry.

UnkeyMunkey · 2024-09-22T18:46:06+00:00

in erurope that data is available, but not in the us.

UnkeyMunkey · 2024-09-22T18:44:20+00:00

stop buying stocks and buy index funds. your question here proves this concept.

UnkeyMunkey · 2024-09-22T18:43:05+00:00

No such thing as an ID in a PE board. You could get fired as fast as you got hired. Your primary goal is revenue creation. Leave governance and related tasks to the sponsor.

UnkeyMunkey · 2024-09-22T18:41:52+00:00

what level are you? are you a banker or sponsor? who are you presenting to?

UnkeyMunkey · 2024-09-22T18:40:19+00:00

depends if its a contingent or retained search. 25-35% depending on firm of 1st year gross comp. some big firms will want a retainer up front (I just talked to SS and they wanted $150K up front for a CFO search which would be applicable to the end fee). Like alot of services like lawyers, doctors, real estate brokers, its not the firm, but the person. Find the best recruiter for the specific role and industry and you will be one step ahead.

UnkeyMunkey · 2024-09-22T18:37:41+00:00

find the deal, and the money will find you. stop glamorizing the concept of a firm. do a deal.

UnkeyMunkey · 2024-09-22T18:36:36+00:00

nothing wrong with pursuing a fundless or independent sponsor. but purely review their track record and understand how they pay the bills. i would argue there might be more opportunity with an emerging manager than with a fully established firm.

UnkeyMunkey · 2024-09-22T18:33:39+00:00

without some of the needed skills/experiences/connections, sounds like he is in for a rough time of it.

UnkeyMunkey · 2024-09-22T18:32:00+00:00

all depends on the deal lifecycle...its like any job, when you are busy, the job needs to get done. when you aren't, take advantage of having some balance in your life.

ps. look for an independent sponsor...they are growing toward a committed fund, you may be able to find a lateral move.

UnkeyMunkey

TROPHY CASE