On Friday, June 28th, Tyson Smith and Husnain Safdar of Tecum Capital came into GTE to talk to the 2019 summer cohort about their investment banking and private equity experience. They both have an extensive background in the financial services industry and offered valuable career advice and guidance.
Husnain is a University of Pittsburgh graduate who began his career working for PNC in several different roles. He eventually transitioned into investment banking at Harris Williams & Co for two years, before moving to PNC Mezzanine in 2016, and finally landing at Tecum.
Tyson is a graduate of the Mendoza College of Business at Notre Dame University in 2002. He began working in the private equity research department for RW Baird. After five years there, he decided to transition into business ownership. After his entrepreneurial experience, he moved back to Pittsburgh and began working at FNB capital corp until he became a partner at Tecum Capital in 2013.
Tyson and Husnain offered great insight into what Tecum does, as well as their own personal day-to-day operations. They also explained the importance of networking in the business world. This has everything to do with their strategy when approaching potential clients because one of their main selling points is their industry connections. When acquiring a new business, they are able to identify industry experts within their network and reach out to them for advice, leadership, or even bring them on as a consulting role. This is key for them because they may go through hundreds of potential deals but only pick a few. So their clients can be assured if they are doing a deal, that they are bringing experienced industry knowledge to the table and will be able to successfully grow the business.
They finished their presentation with the advice that not every career path is for everyone and explained that one must find the path that's right for them. While trying to find the right career, it's important to seize opportunities that present themselves. If you find yourself in a role that you don't think is right for you, learn from it and proceed in the direction that is right for you.
We thank Tyson and Husnain for taking the time to come to talk to us.