Balancing Confidence and Openness in Transitioning Careers

This chapter explores the shift from professional athletics to private wealth management, emphasizing the balance between confidence and receptiveness to feedback. It highlights the value of vulnerability and personal growth in achieving success in both sports and business.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨

Join me, Nik ( https://x.com/CoFoundersNik ), as I interview Jacob Turner ( https://x.com/TheJacobTurner ), a former professional baseball player who transitioned from the mound to managing wealth.

Jacob shares his incredible journey, from being a top draft pick to facing the humbling reality of getting sent down and ultimately pivoting to entrepreneurship with Moment Private Wealth.

We dive into the powerful analogies between sports and business, discussing the vital role of humility, handling setbacks (getting "fired"), and the unexpected importance of craving feedback for growth.

We also explore key financial considerations for entrepreneurs, including managing money, understanding risk, and navigating cashflow when your business starts generating excess capital.

Questions This Episode Answers:
What's the analogy between professional sports and entrepreneurship?
How can getting 'fired' (or setbacks) be a valuable experience for an entrepreneur?
Why is it important for entrepreneurs to accept and seek feedback?
As an entrepreneur, how should you think about managing excess cashflow?
When should an entrepreneur consider getting professional financial or wealth management help?

Enjoy the conversation!
__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at nik@cofounders.com with your thoughts.

__________________________

MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe

Spotify: https://tinyurl.com/5avyu98y

Apple: https://tinyurl.com/bdxbr284

YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:

00:00 The Journey of a Young Athlete

02:49 Transitioning from Sports to Business