u/sentimentbullish

I work in business development at a permanent capital holding company sourcing tuck-in acquisitions for several of our portcos. I'm looking to eventually break into IB/PE after I get out of the MBA (I'll be about 38 when I'm done).

I'm not going to an ivy league but I'm going to a top 40 program and I'm looking to break into either boutique mid-market IB or associate at a PE firm in the mid-market space.

Worried about the possibility with 1) my age and 2) a lack of experience specifically as an associate having not been an analyst. An analyst position at a boutique would likely be a pay cut from my current position.

Thoughts?

​

My wife really wants to start a business as an outsourced vendor coordinator to facilities managers. I feel like the offering doesn't give enough value.

Her idea: To take work orders from facilities managers and compile/maintain a masters list of relevant vendors then source and vet vendors for the projects coordinating project timelines, contracts, budgets, billing etc.

My issue: I feel like the biggest pain point is in the active management of the projects (walking projects with vendors, negotiating price, quality control, etc.) Scheduling and clerical work is likely less of a burden. Also, I feel like adding a 3rd entity between the manager and vendor would just add a layer of unnecessary complexity.

She's deadset and won't listen, to what I believe, reason. Am I all the way correct or only slightly less than all the way correct?

My wife really wants to start a business as an outsourced vendor coordinator to facilities managers. I feel like the offering doesn't give enough value.

Her idea: To take work orders from facilities managers and compile/maintain a masters list of relevant vendors then source and vet vendors for the projects coordinating project timelines, contracts, budgets, billing etc.

My issue: I feel like the biggest pain point is in the active management of the projects (walking projects with vendors, negotiating price, quality control, etc.) Scheduling and clerical work is likely less of a burden. Also, I feel like adding a 3rd entity between the manager and vendor would just add a layer of unnecessary complexity.

She's deadset and won't listen, to what I believe, reason. Am I all the way correct or only slightly less than all the way correct?