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Dramatic structure is the structure of a dramatic work such as a play or film. Many scholars have analyzed dramatic structure, beginning with Aristotle in his Poetics c. In his Poetics , the Greek philosopher Aristotle put forth the idea the play should imitate a single whole action. The Roman drama critic Horace advocated a 5-act structure in his Ars Poetica : "Neue minor neu sit quinto productior actu fabula" lines — "A play should not be shorter or longer than five acts". The fourth-century Roman grammarian Aelius Donatus defined the play as a three part structure, the protasis , epitasis , and catastrophe.

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For casual followers of Wall Street finance, a career in private equity can look like the ultimate job. Private-equity managers work on high-profile deals, they negotiate with high stakes and immense pressure, and, don't forget, they're ridiculously rich. Some of you out there may even fancy starting your own private-equity fund one day. If that's your ambition, I salute you, because the road ahead of you is not going to be easy. Write a business plan for your private-equity fund Starting your own private-equity fund is in many ways not all that different from starting any other new business.

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