In episode 709, join Rob Walling for a solo adventure as he shares his story of growing his personal wealth over the past few decades. Selling companies was the major driver of wealth, but he also explores the role of cryptocurrency, running profitable companies, and angel investing. Rob emphasizes the power of entrepreneurship in achieving financial freedom, while acknowledging there are ways to do so while keeping risk relatively low.
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Topics we cover:
- 2:50 – A lesson on how to build wealth
- 4:31 – Entrepreneurship was our biggest tool
- 6:37 – Building, acquiring, then selling companies
- 10:45 – Building slowly while staying risk-averse
- 13:27 – Investing in riskier assets like cryptocurrency
- 19:39 – Running profitable companies
- 20:56 – Angel investing, and WP Engine
- 23:44 – Traditional, salaried employment
- 24:53 – Typical investments: stocks, bonds, REITs
- 27:36 – Real estate investing
Links from the Show:
If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you!
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