Want to Start an Investment Company? Go it Alone First.
Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)
My first reaction here is to ask if you have any background in the industry. One option is to invest for your own account, develop a successful track record in so doing, and then with that track record in hand seek out investors for your fund or holding company. Another alternative is to obtain a position at an investment bank or investment fund and work your way up, gaining experience the old-fashioned way. This progression will be slow but mentorship from those who have done it before and can show you the ropes will be invaluable.
For reprints and licensing questions, click here.