My Firm

<p>Hiring an Army buddy. </p>

<p>Undergrad Econ at La Salle
Grad Cert. Project Mgt at Villanova
15 years in the military
Going to Grad School
Doing OCS this summer.</p>

<p>I'm bringing him for the corporate finance side of my Registered Investment Advisory. We do international trade finance, import/export, and overseas business development. </p>

<p>His best traits:<br>
1) I've served with him in the army and I trust him.
2) I'm intimately familiar with his work in Army Special Operations and know what he is capable of.
3) We have similar values specifically in the desire to assist with international economic development and the expansion of markets worldwide. He wants to make a lot of money doing it.</p>

<p>My biggest struggle:
1) Building a program over the summer that will include a new partner who may want a significant profit share or, god forbid, equity in my firm.
2) I have to define his role as VP or Sr. Associate and give him some direction that will best help the firm and give him the best opportunity for deal origination.
3) I don't expect him to be a serious rain maker. His skill is as a project developer/manager. I can drop him in country with nothing more than a U.S. consulate phone number and honestly expect him to have a viable project or enterprise proposal with all of the necessary host nation support and resources identified or in place in a few months. (Excuse the pride but - Army Airborne Special Operations)</p>

<p>Most of the posts here are about the search for jobs and less about the search for talent. This is an example from an entrepreneurs perspective. I identified him and a list of other potential candidates over the years since freshman year in undergrad. I always knew I would build my own firm so I began recruiting early before there was a firm by thinking about the types of personalities would fit.</p>

<p>I have always had someone asking me for a job. People seem think that the hire decision is something mindless and impersonal. Hiring manager think about the types of people who they would like to work with, who is most likely to be productive, and can they grasp and embrace the firms (or the CEO's) mission and vision.</p>

<p>Hire decisions are less about the schools people come from or their GPA, and more about a persons fit into the company. Those are not qualities they are measures used to compare similar candidates. </p>

<p>I would say it's the relationships you build over your life more than your grades, school, or major that increases your chances of getting into prime positions. Every individuals definition of success is different. In my case success involves braving high risk situations in more often than not adverse conditions with high barriers. My colleagues enjoy that too. We get as big a rise out of the lessons learned from failed projects as we get out of the prospect of high profits.</p>

<p>Other hiring managers or owners on CC should post their selection stories or key qualifications to help the guys prepare.</p>

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<p>Abso-freakin-lutely. It’s all about who you know. What kind of firm do you run, exactly? A boutique IB?</p>

<p>Can’t say an IB because It’s not a B/D. More of a PE VC firm & PE VC consulting… What ever. Money maker- We’re a Boutique MM Firm. Most of my associates are contract advisers but before the year is out I expect to have 3 licensed associates. I think they’ll still be contractors though just hanging their lic. and using my resources.</p>

<p>I got into it through a friend of my fathers who worked at the US SBA. Contrary to popular opinion most of my network does not come from wealth. We’re all just hard workers that can can be trusted and we keep our word. I’m the grandson of a coal miner on one side and a janitor on the other. I will admit though (considering the theory that it may be genetics) my mother got into college at 16 (She’s African American) and she has a PhD. My father ran for Congress in the 70’s. He got his training from my grandfather who along with coal mining, owned a series of bars (legal/illegal?) through out West Virginia (That’s how he got out) and was a power broker. He was African American and I suspect my father got his political spark from him.</p>

<p>My company is into:
Mining and mineral development - Go figure :slight_smile:
Real Estate
Agriculture
Energy
Tech (Related to the other industries)
Agriculture
Commodities - metals, diamonds, rice, energy (we may go for a CTA lic. next year to trade commodities securities for a couple of clients but not for speculation, just for hedging)</p>

<p>We focus on foreign trade and economic development opportunities in:
Western Africa
Southern Africa
Eastern Europe
Russia</p>

<p>We’re a private equity style because we want the host nation to own their success so we go in with a exit strategy. That also makes good PR in countries that are suspicious of American interests. </p>

<p>We also do Financial Planning and Wealth Management.</p>

<p>My buddy did have a good GPA but he was hired before I saw his resume. I only have the resume so I could introduce him to the team. It’s proof of my good instinct. I’d follow him to war anytime :).</p>