u/pkvmsp123

Update and more advice, please?

This is both an update on these two, but also me seeking more advice:

r/businessbroker/s/MVGvDNsXba

r/businessbroker/s/5U4xknTNT5

I've now passed my Florida exam and am a licensed associate.

Now, I'm trying to figure out my next steps.

As outlined in the previous posts, I have experience with a few personal M&A deals, and the reason I got my realtor's license was to work in this field. However, how I enter it is still a big factor and question for me.

  1. I really want to enter it in a part-time, dip-my-toe kind of way. Maybe a part-time role as an MSP or technology "expert" advisor in a firm, with light hours to start, gain some experience, and grow into a full-time position.

  2. Go all in. I do have the financial flexibility for this, but the prospect of no pay for an unknown, undetermined amount of time, with no direct experience in the field, is scary as shit.

  3. I have a good friend who actually wants me to join his real estate "team." I could join and likely balance some real estate deals with him (I know the market is tough, but his niche is still moving, which is why he wants some help), but if I join his brokerage, then I can't work part-time at a business brokerage, since I can't hang my license at two shops.

I guess my primary question is, how feasible is #1, and would it be reasonable/possible to somehow make #3 work?

Honestly, #2 is not something I'm truly considering right now.

I am currently going through an additional certification called CISM, so I may start a part-time vCISO firm, and if I can get a couple of clients there, I would be more inclined to go with #2, balancing the vCISO firm part-time and going "all-in" on being a business broker.

I feel like I am all over the place.

Any thoughts, as maybe some of you went through something similar when switching careers, would be appreciated.

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u/pkvmsp123 — 2 days ago