I've been working in NY in investment banking since graduating undergrad last May. When private equity and hedge fund recruiting picked up ~ a month ago I realized I'm much more interested in doing my own thing than continuing to work for someone else.
Ideally, I would like to start my own buyout/investment firm although I realize the idea of raising a fund at 22 years old is laughable. That said, my rough plan is to scrounge up a bit of capital however I can (friends, family, credit cards, loans, savings, etc) to buy a small business, establish a reliable cash stream to support myself, and grow from there.
If anyone has had experience buying/running their own business, I would love to hear your thoughts. I'm really in need of guidance as the prospect of giving up a steady paycheck and walking away from a very lucrative career that I busted my ass to break into has been pretty stressful.