My Favorite War Stories From Working in Private Equity

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  • Опубликовано: 6 сен 2024

Комментарии • 119

  • @yubinlim1
    @yubinlim1 6 месяцев назад +96

    Your videos are pure gold brother. Thank you so much for ur time and energy for giving us such great content. I am a senior in undergrad and ur videos give me so much perspective about the real world. Thank you

    • @jayhoovy
      @jayhoovy  6 месяцев назад +3

      That means the world to me Yubin. Thank you so much for the support! So glad I could help you out on your journey :)

  • @goodwalkproductions5170
    @goodwalkproductions5170 6 месяцев назад +18

    This video has more value in it than any course on sales online. As someone in fintech sales, you are spot on with you gaining access process.

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Cheers!! Hope it helps you close some whales soon! :) and thanks for being along the journey with me!

  • @Chrisortizch
    @Chrisortizch 6 месяцев назад +53

    This is so much value!! Literally inside-insights from big corporations and how they operate, made simple!!! Thanks Justin you are a legend 👏

    • @jayhoovy
      @jayhoovy  6 месяцев назад +6

      who's Justin??? 🤣🤣🤣 -- but thank you Chris!!!!

    • @Chrisortizch
      @Chrisortizch 6 месяцев назад +2

      John* 😅

  • @chuna-fish
    @chuna-fish 6 месяцев назад +28

    this might be the first youtube video ive watched start to finish in months. nice work hu!!!

  • @beltrangonzalez3448
    @beltrangonzalez3448 6 месяцев назад +6

    Man, you truly are an animal. Your hunger and dedication are admirable, I am impressed

  • @harshpatel105
    @harshpatel105 6 месяцев назад +12

    Love it! I remember this - Don't be the minimum guy if you want to be exceptional.

  • @ihsankamil6279
    @ihsankamil6279 3 месяца назад +1

    One of the best stories I’ve heard thank you for sharing 🙏🙏🙏

  • @SebastianMuriel
    @SebastianMuriel 4 месяца назад +2

    These were such well-told stories, thanks for sharing. Love this format! Appreciate the actionable takeaways, too.

  • @renmes2636
    @renmes2636 5 месяцев назад +1

    Brother..your content is phenomenal. Truly outstanding. Your story telling skills are next level. People can make a career with just this one video.

    • @jayhoovy
      @jayhoovy  5 месяцев назад +1

      Aww thank you for the kind words renmes! That's the hope re: sharing advice that can make someone's career!

  • @henryskeen8959
    @henryskeen8959 4 месяца назад

    Just found your channel and your videos are so helpful and informative. As a fellow North Carolinian who wants to get an MBA and go into VC, your channel has been super helpful by providing insights into that career field

  • @ntrj5332
    @ntrj5332 3 месяца назад

    This is the best sales course I’ve seen in a while

  • @ThePwhite96
    @ThePwhite96 6 месяцев назад +2

    That is legendary on the j-pro certification. I once signed up for a founder's wife's vineyard mailing list for their seasonal wines and used that as my in :)

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      legendary - I once accidentally called a founder's spouse's cell once too when I was trying to locate his number - needless to say, he wasn't very happy when he found out...

  • @zacrepinski
    @zacrepinski 4 месяца назад

    that's an epic story with noregon, very interesting and creative outreach methods too

  • @typicalindian1238
    @typicalindian1238 4 месяца назад

    as someone starting their career in LMM M&A, thank you for this video. You had incredible ideas and grit

    • @jayhoovy
      @jayhoovy  4 месяца назад +1

      hope it can help you find some great deals! happy hunting!

  • @FoolishFounder
    @FoolishFounder 6 месяцев назад +7

    Fuck. You're so good you are pushing me to start sharing. Huge fan, thanks for the gold.

    • @jayhoovy
      @jayhoovy  6 месяцев назад +3

      Start sharing Jeremiah! You have cool stories to tell I'm sure of it -- just promise you focus on giving, giving, giving and making this world a better, kinder place :)

  • @cowboybebop2648
    @cowboybebop2648 6 месяцев назад +4

    Such a Legend !! Also in PE space will definitely use some ideas you just shared ! Safe Ride 🌊

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Let me know what you source!!

  • @grahamkennedy7221
    @grahamkennedy7221 Месяц назад +1

    My new goal in life is to be a private equity, investors, wet dream.

  • @ThecodbroZ11
    @ThecodbroZ11 6 месяцев назад +1

    Sooo interesting, I actually understand what BDMs do at private equity companies now

  • @colegustafson1635
    @colegustafson1635 6 месяцев назад

    John-I'm so happy I came across your channel. I'm a fellow Tar Heel considering going into finance, and I can't put into words how eye-opening it is to see such a refreshing perspective from the other side of the typical path. I appreciate what you're doing on RUclips!

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Cheers Cole! You're gonna crush it! Go Heels!

  • @nothingiseverperfect
    @nothingiseverperfect 6 месяцев назад +1

    These are super interesting, I haven’t a clue about finance and private equity, but you are a great story teller. Cant wait to hear more

  • @Arthur-cn6jr
    @Arthur-cn6jr 5 месяцев назад

    Loved this video. More stuff like this about actual deal and investment experience would be super great

  • @josephlee5326
    @josephlee5326 6 месяцев назад

    Hey John would love to see more content like this. You truly motivate the younger generation, it is truly difficult when you only see the brighter side of someone's success and you compare the final destination with your current state, without knowing their darkest days. So thanks a lot for sharing John

  • @screwyou709
    @screwyou709 6 месяцев назад +4

    Wow, I loved hearing your war stories (and especially how you got the C-suite's attention)! Please make more of these videos!!

  • @timothybracken1728
    @timothybracken1728 6 месяцев назад

    This video is immensely helpful for someone getting into searching. It's always the persistent that I admire about you, I will try to replicate the same. thank you for making this video and sharing these stories with us. It's like a free HBS case study !

    • @jayhoovy
      @jayhoovy  6 месяцев назад +1

      DUDE! Best of luck on the search process! Hella respect -- you're gonna crush it!

  • @ziaziaziafull
    @ziaziaziafull 6 месяцев назад +1

    lot of insight bro! thanks for sharing this story. definitely apply the method to my work.

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Glad it was helpful! Let me know how it works out for you in your work!

  • @jonathankr
    @jonathankr 4 месяца назад

    Holleeee sheeet. I just found your channel. I'm not in finance or pe, (although i dreamed about it) but i love your story telling. Wish i had your bravado to try. I want to raise funds for a movie but am too scared to cold call.

  • @rayanzia4491
    @rayanzia4491 6 месяцев назад

    Crazy your channel just popped up on my recommended. Watched the whole thing and I feel like I'm in the same situation you explained at the start of the vid -- appreciate the advice and keep it up :)

  • @amaiganjam2979
    @amaiganjam2979 4 месяца назад

    This is one of my favourite videos ever.

  • @legacyrydeshare3478
    @legacyrydeshare3478 6 месяцев назад +4

    So happy for this guy. Mainly because he WON‼️🇺🇸

    • @jayhoovy
      @jayhoovy  6 месяцев назад +1

      Living the immigrant American dream :) 🇺🇸🇺🇸🇺🇸

  • @carsonmayo3218
    @carsonmayo3218 5 месяцев назад

    Super high value (and a great story) John! Thank you very much for putting this out there! I’m ending my junior year in undergrad, considering different finance roles and about to reach out to a niche climate resilience private equity cofounder for an internship. May try the pizza method!

    • @jayhoovy
      @jayhoovy  5 месяцев назад

      Good luck Carson! Let me know how it goes!

    • @carsonmayo3218
      @carsonmayo3218 5 месяцев назад

      ⁠​⁠@@jayhoovyThank you! Will do!

  • @STLKANE3
    @STLKANE3 6 месяцев назад

    I noticed all of the companies you drove past! I’m working as a gaffer in the film industry and building products! Maybe I’ll see you in the line up! I’m always bouncing between Manhattan beach and all the way up to will rogers! … you know what. If anyone in here likes to surf and hits those same spots, I’ll see yall out there too!
    Dockweiler is my favorite, cuz I like the planes, and the people.

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Please say hi!! I’m mostly at breakwater and topanga!!

  • @rubenr.2470
    @rubenr.2470 6 месяцев назад

    Literally amazing how high quality this content is. Keep it coming.🚀🚀

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Thank you Ruben! Really appreciate you even taking the time to comment and let me know! Gives me fuel

  • @klauskledon6193
    @klauskledon6193 6 месяцев назад

    Absolutely incredible!! Ur actually so inspiring and a real role model, thank you for this video! Funny enough, I am currently struggling regarding how to source deals (albeit VC in my case) but your creativity really gave me a completely new perspective on how you can approach it. Love the venmo and Pepperoni Pizza approach 😂

  • @andreweimaa
    @andreweimaa 4 месяца назад

    please keep going. this is golden

  • @ishangoswami9462
    @ishangoswami9462 6 месяцев назад +2

    Great video! You should do more like these

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      More coming soon! Thank you for the kind words!

  • @jackwuotila4895
    @jackwuotila4895 5 месяцев назад

    Dude, you’re my new role model

    • @jayhoovy
      @jayhoovy  5 месяцев назад

      Never meet your heroes Jack

  • @SherryW-sn1dk
    @SherryW-sn1dk 5 месяцев назад +1

    How did you crank that exam in one night that people took years to study for? Really want a video about that!

    • @dragonmaster909
      @dragonmaster909 4 месяца назад

      Probably high IQ and years of academic training

  • @cooltrucly
    @cooltrucly 6 месяцев назад

    I’m convinced that poncho is paid product placement. If it isn’t, then it was a missed opportunity. I’m now looking for my own so that I can easily change at the beach

  • @vicentecorrea5267
    @vicentecorrea5267 6 месяцев назад

    This is amazing!!! MORE MORE MORE MORE MORE MORE MORE MORE MORE MORE NOW PLEEASEEE

  • @320Anton320
    @320Anton320 6 месяцев назад +1

    Love these "boring" company stories

  • @todorvalev9488
    @todorvalev9488 6 месяцев назад +1

    Thank you! Gold nugget after gold nugget...

  • @titobuco
    @titobuco 6 месяцев назад

    Amazing video! Would love a part 2 🤲

  • @GetOzProtocol
    @GetOzProtocol 6 месяцев назад

    The lesson from this is, if one private equity firm is reaching out to you, immediately start reaching out to other firms.
    They earn profit by excluding competition. That profit is taken away from the business itself.
    Take it for yourself by introducing competition for them.

  • @compound7269
    @compound7269 6 месяцев назад

    Thanks for your video! Seems like you’re doing a lot right. You have made it apparent in the stories you’ve told that deals may take a lot of work and research, and just because you’ve spent a lot of time on it, it doesn’t necessarily correlate to a successful investment. Based on the sentiment of your storytelling, it seemed there was nothing that was going to stop your from trying to close a deal. How do you deal with commitment bias?

  • @reginaldt154
    @reginaldt154 6 месяцев назад

    Very inspiring Jay thanks so much

  • @ericshaker9377
    @ericshaker9377 6 месяцев назад +2

    Really great video and i enjoyed it. I'll be really honest though, I find myself sort of conflicted about these kinds of videos. I appreciate the tips and advice but can't help ignore the fact that PE firms engage in alot of shady practices that prioritize profits over employee well being and the customer especially in the case of healthcare. The focus on deal making and purely monetary incentives (rather than companies that are profit driven AND must innovate/develop new solutions) leaves a bit of a sour taste. Just me though. Keep doing what you're doing especially in this current phase of life its very motivating

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Agreed on all fronts! It's one of the reasons why I left! Thank you for sharing your thoughts! It's a nuanced conversation re: PE - they're valuable to society in many ways, but not without their tradeoffs

    • @ericshaker9377
      @ericshaker9377 6 месяцев назад

      @@jayhoovy Damn bro really respect that perspective. Definitely a place and value but everythings liable to bad actors. My comment wasn't the nicest but you still seem so genuinely nice and positive. Rooting for you man

  • @brooksl445
    @brooksl445 6 месяцев назад

    Big w, really cool to learn about some of the creative techniques to get founders on calls

  • @bantuchidz
    @bantuchidz 6 месяцев назад

    Just subscribed, first video I’ve watched of yours

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Welcome to the fam bantu!!! Appreciate you supporting the channel!

  • @weeklymindset
    @weeklymindset 4 месяца назад

    Jay makes sense

  • @MicahErumaka
    @MicahErumaka 6 месяцев назад

    Interesting story, Thanks for sharing 🎉

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      Thanks for watching! :)

  • @sourturtle514
    @sourturtle514 6 месяцев назад

    this was so informative and entertaining.

  • @blueoceanzstrategy
    @blueoceanzstrategy 6 месяцев назад

    So much value here

  • @naritzify
    @naritzify 6 месяцев назад

    Epic story. Thanks

  • @stevejason4660
    @stevejason4660 6 месяцев назад

    This is great. Go out on your own. Id write a check for a deal

  • @jamescoholan
    @jamescoholan 6 месяцев назад

    This is awesome 👏

  • @ray-mc-l
    @ray-mc-l 6 месяцев назад

    If I had a company like that I wouldn't go near private equity. Letting the fox into the hen house.

  • @MarinosTV1
    @MarinosTV1 6 месяцев назад

    great vid man.

  • @yokkaichishuhei4437
    @yokkaichishuhei4437 6 месяцев назад

    I've been following you for a while now and your insights into the Private Equity and startups has made me really interested in getting into the Private equity and the industry around it(I still have no clue for the most part). I'm currently doing Mechatronics engineering(2nd year) but do you think its possible to pivot into that industry. Any advice would be helpful.
    I really enjoyed your video with Graham Weaver, I would love more videos like that.

    • @rileylong7427
      @rileylong7427 6 месяцев назад

      I think it is, you'd have to go IB --> PE, but most banks will take engineering because of your problem solving skills. Just try learn some finance skills outside of your degree, join related clubs etc.

  • @AbhiWaliaTheRacer
    @AbhiWaliaTheRacer 5 месяцев назад

    I'm blown away by your content, especially from a PE Deal sourcing angle - subscribed instantly! I'd love to join you at Stan. With my background in capital raising and investments, I see huge potential for collaboration. Let’s connect and explore this exciting journey together!

  • @shivzz.s
    @shivzz.s 6 месяцев назад

    Great story about persistance John! I am sure with the same amount of determination, Stan will become a $1b company before you know it!

  • @gandgpolaroid6406
    @gandgpolaroid6406 6 месяцев назад +1

    you're the man

    • @jayhoovy
      @jayhoovy  6 месяцев назад +1

      No YOU’RE the man!!!

  • @Atlhas
    @Atlhas 6 месяцев назад

    Hey John, hope you are doing great. I work in classic buyout PE and am thinking of starting a Company. How do you manage employee satisfaction? It seems that Stan's Glassdoor reviews are complicated and I understand it must be due to high expectations. Thanks in advance and keep up the great work.

    • @jayhoovy
      @jayhoovy  6 месяцев назад +1

      Oh! That isn't our company Stan - that's an Australian company. We're too small for a Glassdoor XD.
      We're not pros at it yet - but we run quarterly satisfaction surveys - but when you're small (like we have been till recently), it's much easier -- just genuinely care about people and you'll be fine.

    • @Atlhas
      @Atlhas 6 месяцев назад

      ​@@jayhoovy Right, just saw that! Thank you and wish the best of luck to Stan. You have the most sophisticated content out there!

  • @novak4life
    @novak4life 6 месяцев назад

    How do you benchmark companies in a fragmented industry without many public companies where most of them are private?

  • @wojtasciezarek7687
    @wojtasciezarek7687 6 месяцев назад

    Great vid

  • @useydkerimoglu5720
    @useydkerimoglu5720 6 месяцев назад

    man your videos
    I love them

  • @BigBoyGames-ke1hq
    @BigBoyGames-ke1hq 6 месяцев назад

    gr8 story dude

  • @user-ou8dl4ro7b
    @user-ou8dl4ro7b 6 месяцев назад

    I still dont understand why they took the deal still if they were swimming in cash with high margins and multi yr upfront cashflow. Can you elaborate why they felt like they needed your money all of sudden

    • @jayhoovy
      @jayhoovy  6 месяцев назад +1

      Cleared out the cap table to bring on a professional investor who could help them w/ next stage of growth!

  • @cooltrucly
    @cooltrucly 6 месяцев назад +1

    how is he always smiling? can you guys make him angry and film it just once? I’m oddly curious about what he looks like when he’s angry

  • @josephlee5326
    @josephlee5326 6 месяцев назад

    what was your daily routine like during your banking days hahahha very curious

  •  6 месяцев назад

    I love that shirt - where is it from ahaahah

  • @haresh5_5
    @haresh5_5 6 месяцев назад

    Damn that's inspiring

  • @atangbingana283
    @atangbingana283 6 месяцев назад

    What a fucking outreach good shit buddy

    • @jayhoovy
      @jayhoovy  6 месяцев назад +1

      Thank u king - just hoping to inspire you

  • @jeremylawson6648
    @jeremylawson6648 6 месяцев назад

    you got a follow from me, thanks!

  • @doughboi007
    @doughboi007 6 месяцев назад

    As an associate bringing that in, do you only get a cut of the deal if you stay with the firm when Norwest exits? Or do you not get a cut at that level?

    • @jayhoovy
      @jayhoovy  6 месяцев назад +2

      Depends on the firm - sometimes you get to coinvest in the deal with the firm's capital. We got carry in the fund (though very small). Upside accrues disproportionately to partners.

  • @Kastlino
    @Kastlino 6 месяцев назад +1

    pick up rock climbing. CA lineups are crowded enough with tech/finance kooks

  • @aaronwamser3858
    @aaronwamser3858 5 месяцев назад

    Storytelling 100

  • @orekihotarou8200
    @orekihotarou8200 6 месяцев назад

    w

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      My guyyyyy. W :)

  • @AgentMrX7
    @AgentMrX7 6 месяцев назад

    b 00 bies

    • @jayhoovy
      @jayhoovy  6 месяцев назад

      quality comment

  • @Brotherturtleboy
    @Brotherturtleboy 6 месяцев назад

    Animal

  • @hugovaldes1
    @hugovaldes1 4 месяца назад

    such a waste of time listening to this

  • @afterdarkmarco
    @afterdarkmarco 6 месяцев назад

    I’m guessing you don’t have prospecting examples but I would love to see them - the fact that PE has cold calling I’m interested