Instructions

Decide whether being a hedge fund manager is right for you. There are two viable ways people can start hedge funds: boot-strapping or gaining credibility by working for a large fund manager for several years. If you are good at trading and happen to know a lot of wealthy people who are willing to give you money, you might be able to boot-strap a hedge fund, even if you have limited experience. Otherwise, managing funds for a large company for several years will give you the needed credibility and experience to go out on your own and have people entrust you with their funds.

Write a business plan. This should help you figure out how much money you’ll need to begin, who you will need to help you and define all your goals.

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