Any and all business owners are faced with an uphill battle when it comes to starting their own business. The amount of hurdles you need to jump to find start up capital is almost frightening which is why less entrepreneurs take the chance on their dream start up. They face problems such as little or no customers, low profits, and basically no revenue. No one realizes the amount of energy and creativity it takes to locate the necessary funds. It’s this access to startup capital which determines whether a startup succeeds or fails. Like most banks (commercial, corporate and investment banks), senior bankers are granted the title managing director. At Goldman, a subset of managing directors have partnership privileges. They are not partners in the company, because Goldman is not a partnership (although it was decades ago). Managing director-partner is a privileged title. Those who hold the title are granted, however, a large percentage of shares.