Why do famous graduates flock to investment banking consulting companies, but rarely choose to start businesses?

It is not only the resumption of diplomatic relations between the North and the Qing Dynasty, but also the graduation from a famous foreign school. After all, people like Bill Gates are in the minority.

Graduates from prestigious schools are capable, intelligent and enterprising, but they may not have the capital to start a business. Entrepreneurship requires investment, and the initial investment is equivalent to a high threshold, which makes it impossible for some outstanding talents with less wealthy families to choose this path.

Choosing a good financial and consulting company not only does not require capital investment, but also earns a considerable salary in a short time. No matter whether the academic performance is good or bad, most people's goal is the same, that is, to pursue visible interests.

Even graduates of prestigious schools with excellent academic performance refuse to master the practical work experience of a certain industry just after graduation. Theoretical knowledge and practical business are completely different things. Many successful entrepreneurs quit their jobs after working in well-known enterprises for many years. Few people really become bosses right after graduation.

The elites in the consulting firm get together and get in touch with the latest business trends. Learning and growing up in such an environment can improve your ability and knowledge more than fighting alone and running around. The resources and opportunities encountered on a good platform are unimaginable for people who work on ordinary platforms.

Imagine that if Ma Yun, Ma Hua Teng and others cooperate with the consulting company where you work, as project participants, they will have the opportunity to have close contact and discussion with such big bosses, which is a great opportunity. After all, what big bosses say in public places such as the podium is popular. Only the communication involving one's own enterprise and interests can truly show one's inner thoughts and logical thinking.

Answer: Many graduates from famous schools enter investment banks or some professional consulting companies, which may actually only show that they can become a more professional talent in the financial or consulting industry, which may be very different from entrepreneurs. Reason:

First, many people's jobs may be just ordinary jobs, but some people may enter some high-end industries or companies as soon as they graduate and become more professional talents. For example, some people enter investment banks or professional consulting companies, and many of these people may be professionals.

Second, you may need compound talents when starting a business. Of course, there are also many professionals who have succeeded in starting a business, but starting a business may face greater competition.

Third, even professionals in investment banks are not necessarily experts in investment, and even experts in investment may not be able to establish and manage a company on their own behalf. The same may be true of professionals in consulting companies. Providing a professional investment plan or consulting plan to others may be a very professional thing, but it is still very different from creating and managing a company by yourself and doing it successfully.

Fourth, many professionals may indeed have professional competence in a certain field, but in many cases, related professional competence may also need the cooperation of relevant platforms or companies as a whole to truly reflect their professional competence. If you start your own business, the competition you face may be more intense, because you may have to compete with countless experts, or even beat the most competitive competitors in the industry as a whole, and maybe you can succeed in starting a business (in some industries, you may only be the first to start a business).

Fifth, many people may not blindly overestimate the professional ability of some so-called professionals. The so-called professional ability may also depend on who you compare with. People who work in investment banks may be very professional compared with ordinary people, but there may be a long way to go compared with real investment masters, because it is very simple that even if they work in top investment banks, they may not be investment masters, and it may be difficult for investment masters to start their own businesses directly.

In a word, starting a business may require many abilities of entrepreneurs. Some professionals may just say that they have some professional abilities, but it doesn't mean that starting a business will be easy to succeed.

Because: 1. Desperate people or people who want to change the status quo and meet people will not choose to start a business. Entrepreneurship is extremely risky and extremely hard, and the winners are all narrow escapes. Graduates from prestigious schools have many choices and will not easily take this road of no return!

2. People from well-known consulting companies face problems every day and help enterprises solve problems. They have seen too many enterprises' life and death and problems, and dare not venture into the sea easily.

To sum up: everyone is pursuing advantages and avoiding disadvantages, especially the graduates from famous schools run fast!

For the graduates who resumed diplomatic relations in the north of Qing Dynasty, they are still well-deserved "favored children" even today, when the university enrollment has expanded and the overall quality of college students has obviously declined. Why are so many outstanding people willing to work in tall institutions such as investment banks and less engaged in entrepreneurship? Let's discuss it from the following aspects:

Imagine if you beat a top school like Shangbei after studying hard at 12, can you convince yourself to just set up a stall to start a business? To say the least, you really want to stand on the bed. Then how can you convince your parents who have worked so hard to send you to a prestigious school and the teachers who have high hopes for themselves? You should know that people are people living in society, and the meaning of life is not just their own happiness.

1. Investment banks have access to the world's top investment ideas and information, and can provide a large number of capital operation cases such as mergers and acquisitions of some large international companies.

2. Investment banks are often the departments with the highest income in financial institutions. Living and working at the top of the pyramid has its own aura, which is beyond our reach. Income and envy of others will naturally give them a great sense of satisfaction and accomplishment.

3. No matter how talented people are, they also need the power of the platform. Zhuge Liang is full of knowledge. He has the ability to learn from heaven and earth, but there is no platform built by Liu Bei. He is just a rural Ye Fu. Today, a large number of outstanding graduates go to the top universities in the United States to study, just because they have taken a fancy to its excellent platform. Therefore, the attraction of the platform is also the reason why these people are flocking.

We often hear some people use the successful cases of individual business leaders to advocate the brilliance and magic of entrepreneurship. As we all know, hundreds of millions of people on the road to entrepreneurship are bitter and helpless, and eventually they are down and out, silent.

These "favored children" themselves have too many definite choices. Naturally, they will not and disdain to choose entrepreneurial stories that are both hard and full of uncertainty. Entrepreneurship itself is a very common thing, but entrepreneurial success is definitely a legend.

Americans have taught China people the essence of getting rich, but they will never be strong.

Why do you want to start a business after graduating from a prestigious school? Entrepreneurship is very risky. Besides, starting a business requires courage and comprehensive ability, as well as strong financial strength to support it. Investment banks and consulting companies need elite talents who graduated from prestigious schools. They have flexible minds and professional skills. There is no risk for them to develop in investment banks or consulting companies, and they will have rich income after a few years of struggle. There is no need to start a business and take risks.

1. Investment banking consulting has high income, decent work and relatively high-end circles;

2. Entrepreneurship needs to start from scratch and is risky. Just graduated college students have a shallow understanding of business, no direction and high uncertainty;

3. In the long run, people who go to investment banks for consultation have a good life, but they may not get along well. The probability of becoming a billionaire is not high. After middle age, they will face a lot of pressure and loss. Investment banking consulting has no practical business experience, and their work is relatively empty. Contact and service are very rich, and he himself may still be a house slave with an awkward attitude.

As a graduate of the top three management colleges in China and a consultant who has been engaged in management consulting 10 years, I think there are several reasons for this problem:

1, learning to be excellent and being an official is the achievement of intellectuals handed down from ancient times in China. This concept is still deeply rooted and has a great influence on employment choice. Of course, the current "officials" are not only civil servants and institutions, but also high-end positions in large companies and platforms.

2. The cost of entrepreneurial opportunities is high. These people are all good at learning, with many employment opportunities and great selectivity. Choosing to start a business, on the one hand, requires high risks, on the other hand, the opportunity cost of giving up will be so high that you can't even push yourself to start a business [laughs].

3. Of course, there are also a few people who have entrepreneurial ambitions at that time, and temporarily choose to go to these big platforms to experience themselves and prepare for better entrepreneurship in the future. However, it was later found that age, energy, resources, etc. were no longer allowed to invest in entrepreneurial work that required full devotion, so they had to give up.

The consulting company is familiar with it, please answer it.

1, entrepreneurship is still high-risk and difficult. Generally, two types of people are easy to start a business: one is mature and accumulated; Second, there is actually no ideological ability, no accumulation, no way out, just rushing. The so-called entrepreneurs are generally composed of a few people who know what they know and most people who don't know what they don't understand. Knowing that you still don't understand is not going to start a business;

Graduates from famous schools can know that they are not good at present, but they will have better job opportunities, so the timing of starting a business is not a good choice. There is basically no difference in nature;

2. Consulting companies have relatively high salaries and good social status. At the same time, you can learn a lot of knowledge. You can also prepare for starting a business. Most importantly, consulting companies can easily get better jobs, especially senior managers. Therefore, consulting companies are often one of the first choices for graduates from prestigious schools;

The reason why the subject has this question is that the subject greatly overestimates the success rate and income of starting a business, and at the same time greatly underestimates the salary and career development potential of consulting and investment banks.

I take my familiar consultation as an example.

Now the analysts who just graduated have entered MBB, and their annual income before tax is about 30w+, which is a relatively rapid increase. Basically, in the third year, I was promoted and steadily moved to the pre-tax level of 100w.

If you like, in the third year, the company will basically answer you to go to MBA. After studying MBA, there may not be a big salary increase, but you can choose almost any industry you like to change careers. Of course, many people choose to start a business at this time.

In the long run, if we can continue to work in MBB, most partners are actually only 35 to 40 years old, and many partners earn more than one million dollars a year. There are also a few people who have left MBB and gone to Party A or made investments. At the age of 40, you can be the regional head of CXO/ Party A and make investments to achieve financial freedom.

If it is an investment bank, the fluctuation of income will be greater, and the average income of drought and flood protection will be similar to that of consulting (BB investment bank will be better, and domestic brokers will be less)

If a college student gives up these welfare and career development opportunities when he graduates and starts a business, what can he get?

But if this college student fails to start a business, it will be difficult for him to find a good job like this again. Even if you find it, at the beginning of your career development, there will be young people around you who are three to five years younger than you. All the good classmates you used to get along with can be your boss, and the psychological pressure will be great.

More importantly, after working in MBB or BB investment bank for several years, you can always choose to start a business or join a reliable startup company. At this time, you will know more about the business and have access to resources than when you were a student, and your success rate will be much higher. Why put all your eggs in one basket at a young age?