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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you sure you want to build this onramp to Adderall and anxiety?  Speaking as a dual PE family, I would not onramp my kid into this.  You know who makes a lot of money? [b]People who build great companies (owners or high level execs) who exit to PE or public markets every 2-3 years but still have a life.[/b] [/quote]

Nobody who achieves great success has "a life".  The people that built those great companies worked their asses off as well.

The happiest folks in PE have a personal net worth number at which point they are happy...and then they quit.  Many times you can hit a $20MM+ net worth number by your mid-to-late 30s if you are at a Blackstone/KKR/ et al, which for many people that's enough.[/quote]

Not the PP to whom you’re responding but another PE PP. For the same amount of work my PE spouse has put into achieving an 8 figure net worth, my serial entrepreneur family member has achieved a 10 figure one. The latter has had a lot more fun along the way too. We’re encouraging DC to follow my family member’s footsteps, not my spouse’s.[/quote]

But what is this business you're taking about. And you must hit the wave of the business model in the perfect place. Not too soon, not too late.

I know people who have made a fortune in small commercial real estate. But it takes years to build up a portfolio before it really pays off. [/quote]

Family member created and sold first business for 8 figures while still in college, enjoyed several years “off,” then continued the cycle in various industries. Timing is indeed key, but in conjunction with vision.[/quote]

This is the equivalent of saying, don't work in PE become a successful rock star instead.

No shit...everyone would rather become a successful rock star (or the next Bezos) than toil in PE...but very few are cut out to be a rock star.[/quote]

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