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Investing in a Company Is a Good Idea
Warrants are essentially options for people who aren't working in the business. One thing to try to do if you're an investor is have the right of participation at the sale or the equity warrant not expire. Most equity warrants do have a dollar amount per share value that you have to invest within a certain time period. If the company greatly grows, then you'll be very happy to buy at that $4 million valuation when it's worth $40 million.
Trey invites Richard Wilson. Together, they discuss his top 5 favorite books written by billionaires and tease out the lessons from each one.
Richard is the Founder and CEO of The Family Office Club, which is the #1 family office association with over 4,000 registered family offices.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
02:02 - What a family office is and how it works.
16:53 - The first thing you should focus on when setting one up.
46:54 - Key lessons from Richard’s top 5 billionaire books.
54:14 - Insights from billionaire keynotes from his events, including Jeff Hoffman, Grant Cardone and others.
58:09 - The strategies that Richard finds most useful.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
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