Saturday, January 29, 2011

Abraham and the Investment Banker

An Investment banker was walking through desert and came to a camp of nomads. While approaching the camp he saw a man among a flock of sheep. The Investment Banker said hello to the man who introduced himself as Abraham. The Investment Banker complimented the man on the quality of his flock and asked how long it took to aquire such a herd.

Abraham replied, only a little while.

The Investment Banker then asked why didn't he get a larger flock.

Abraham said he had enough to support his family's immediate needs.

The Investment Banker then asked, "but what do you do with the rest of your time?"

Abraham said, "I sleep late, play with my children, nap with my wife, Sarah, stroll among the camp visiting where I sip wine and tell stories, I have a full and busy life."

The Investment Banker scoffed, "I am a Harvard MBA and could help you.You should spend more time making your flock larger and with the proceeds, buy some land rather than drifting about. With the proceeds from the land you could buy a larger ranch and larger flocks and branch out into other livestock, eventually you would have a large enterprise with thousands of acres and hundreds of employees. You would be selling thousands of livestock each year. Instead of selling your inventory to individuals you would sell directly to the processor then eventually opening your own meat processing facility. You would control the product, processing and distribution. You would need to leave this desert and move to a larger city, and eventually NYC where you will run your expanding enterprise."

Abraham asked, "But, how long will this all take?"

To which the Investment Banker replied, "15-20 years."

"But what then?"

The Investment Banker laughed and said that's the best part."When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions."

"Millions. Then what?"

The Investment Banker said, "Then you would retire. Move to the quiet and beautiful desert where you can sleep late, play with your children, nap with your wife, Sarah, stroll among the camp visiting where you can sip wine and tell stories."




While I was scanning through books in the library, I found this amazing article. Its awesome and truly speak of what an i-banker can do.

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