Establishing a classical financial and analytical career has been a passion for entrepreneur Jay Bloom. His experience with Fortune 500 financial institutions has provided a wealth of knowledge that he has used in his business ventures, including Pegasus Group Holdings, which owns and operates utility scale renewable energy installations providing the nations power grid. Each experience has helped Jay grow in his understanding of and appreciation for world-class business operations.

Build Your Portfolio

Jay’s career with Fortune 500 companies began with Manufacturers Hanover Trust Co., which eventually acquired Chemical Bank (which in turn acquired Chase Bank, followed by JP Morgan Chase). Although he started out as an officer for the bank, he was fast-tracked and put into a management and credit training program. He quickly built experiences from there, working with C-level executives on real estate loans and REO portfolios. This experience whet his appetite for more and led to his personal business ventures.

Use the Experience

His background with Fortune 500 companies at the bank gave Jay Bloom a keen understanding of how successful businesses grow and thrive. More and more savvy entrepreneurs are finding this experience to be valuable in creating their own world-class businesses. In fact, according to Neil Patel of the Angels and Entrepreneurs Network, startups are really the next generation of the Fortune 500.

Jay took what he learned in the banking industry and applied it to a wide variety of businesses across industries throughout the years. He has worked with early-stage businesses, mid-cap acquisitions, and venture capital transactions. All of that early work with Fortune 500 companies gave him the tools to create new revenue streams, negotiate deals, and develop successful operations in his own ventures.

Building Your Version of a Fortune 500

Like most savvy entrepreneurs, Jay Bloom is constantly building on past experiences and acquiring new knowledge to expand his opportunities and strengthen deals for himself and his business partners. This has led to great personal and professional successes, such as establishing large utility scale renewable energy installations.

What is a Fortune 500 company, anyway? According to Fortune, the companies on the list represent two-thirds of the U.S. economy; they include some of the biggest, most recognizable names in their industries. Primarily, in today’s world, they are savvy and flexible. They’ve eschewed old models of business and embraced new ones that incorporate technology. They are always ready to pivot to stay on top.

These are the tools that have helped Jay Bloom launch many successful ventures. Incorporating these elements into your own startup can ensure that you’re keeping it world-class.