Moving from Enterprise Sales into Consulting or PE

487 Views | 7 Replies | Last: 1 day ago by SouthAustinAgSwag
SouthAustinAgSwag
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AG
Sorry in advance for the lenght of this post.

Interested to get your perspectives on a career switch I'd like to make. I'm 41 and have been in enterprise software sales (engineering SW) for the past 15+ years. Got a Mechanical Engineering degree from A&M in 08. Majored in engineering because I liked math and didn't think a math degree in itself was useful. I knew I hated product design and don't really like tinkering with things. Don't ask me how an engine works. I'm the least mechanical ME grad you've ever seen.

I joined a technology company in Austin right out of school (NI) and went through their rotational new grad program and went into sales two years later. Another move I thought I'd never make. In 2015 I moved to a simulation software company and have worked for a few companies in this area. Mostly as an individual contributor. My manager's job is about to open, and I will be pursuing it. It's been good, but has never been a real passion for me.

I always thought I'd do the engineering thing for a few years and go get a full-time MBA. My wife is an Aggie and tu law grad, and I assumed she'd do the legal thing while I got my MBA, I'd likely move into consulting for a few years and then we'd start a family. God laughed at this plan and I became a dad shortly before turning 25. By 30 I had three kids and my lawyer wife was a stay at home mom and has been one ever since.

I explored EMBA programs and ended up choosing tu's. It's pretty much the only option in Austin and it's good but of course reeks of elitism. I gradaute May of 2027. My end goal is to be on the acquisition side. I'd love to one day lead corporate development for a large company, but these roles are few and far between. Even very large companies have tiny corp dev departments. PE would be awesome too. I have seen multiple acquisitions and divestitures in companies I have been a part of and want to do similar work to sales, but at a much larger and more critical scale. Due diligence, post-acquisition integration, synergies, etc are what I want to do.

What are your thoughts on some of the next steps I could possibly take? Consulting or IB seem somewhat natural to get the necessary on the job experience for corp dev or PE but my path is very non-standard. I'm not a 29 year old coming out of Wharton or another great full-time program.
vaqueroag
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AG
Tried to send you a PM but for some reason wouldn't let me. My goal is to eventually move into an enterprise role for a SaaS company and would love to pick your brain on what your experience has been and any advice you may have. I'm currently a Sr AE for a SaaS company in Dallas and always want to connect with other Ags in SaaS sales.

Apologies for not having anything to offer on what your actual post is for.
500,000ags
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AG
Very interesting case study here. Would you apply as a Post-MBA associate or VP? The hours would be brutal with a family. Maybe a stint in SaaS strategic finance or RevOps. I do think you'd need some sort of stint in something more process, analytics, or finance-related.

The most logical would be Corp Dev for a strategic buyer (large company tucking in or vertically/horizontally integrating). I was always under the impression that unless an acquisition was levered and/or transformational, the role was more networky. Couldn't imagine anyone better knowing if a target's revenue or GTM is durable.

AggiEE
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jh0400
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AG
At 41, I can't imagine going into the PE grind. I just sold a company to PE, and the pace those guys work at is insane.

Does your current company have a Corp Dev function? If so, I'd reach out to the leader to learn more. Having led corp dev for a software company, one of the hardest parts of the job is staffing a diligence project with SMEs that are willing to work nights and weekends on top of their day jobs.
SouthAustinAgSwag
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AG
vaqueroag said:

Tried to send you a PM but for some reason wouldn't let me. My goal is to eventually move into an enterprise role for a SaaS company and would love to pick your brain on what your experience has been and any advice you may have. I'm currently a Sr AE for a SaaS company in Dallas and always want to connect with other Ags in SaaS sales.

Apologies for not having anything to offer on what your actual post is for.

Strange - send me an email toddvenable at gmail.com
SouthAustinAgSwag
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AG
jh0400 said:

At 41, I can't imagine going into the PE grind. I just sold a company to PE, and the pace those guys work at is insane.

Does your current company have a Corp Dev function? If so, I'd reach out to the leader to learn more. Having led corp dev for a software company, one of the hardest parts of the job is staffing a diligence project with SMEs that are willing to work nights and weekends on top of their day jobs.

We do have Corp Dev. I have spoken with our VP of Corp Dev and a director in our software team that manages SW corp dev and strategic partnerships. Know them both pretty well at this point.
SouthAustinAgSwag
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AG
Great question. It wouldn't be a post-MBA role. RevOps would be great.
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