What is an investment bank? First it is a company doing business in the financial industry. Secondly, most long lasting prestigious IBs started with something at beginning, usually something humble. After years of endeavour and "good luck" (well good luck only follows prepared mind though), it finally growed to be what they are today.
Three keys phases here,
- Company in the right industry
- Starting with the right thing with a long vision
- Time endured to successfully implementing your vision
So what is a company? Company isn't about what you do, rather it is about who you have and how the right people (whom you have) do the right things right. In other words, company is about people, processes and standards.
- People make things happen
- Process ensure doing right things right
- Standards make your business scale
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