2min chapter

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

Investor Stories 373: Key Advice (Holloway, Felesky, Droesch)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

CHAPTER

Key Insights for Aspiring Investors

This chapter provides valuable advice for young investors, highlighting the necessity of finding passion in their investment endeavors. The speaker encourages aspiring investors to explore areas that excite them and develop their unique style of engagement in the industry.

00:00
Speaker 1
Well,
Speaker 2
until a few months ago, I would have said tavala.com is your primary place, but now you can find us at some local Costco's as we're road showing across the country and you can go see and feel the oven firsthand at Costco. Amazing, sir. Thanks so
Speaker 1
much for joining us.
Speaker 2
Yeah, thank you. On
Speaker 1
today's special segment, we have Mike Drosch of Bessemer Venture Partners. Mike, if you could share one piece of advice with a young new investor, what would you tell them? Yeah, I'd say, you know, the people that are successful in this job, I believe they do it, you know, one, they're obsessive
Speaker 2
about it. And I think it's because they just genuinely love it. And so one of the pieces of advice I give to people is like, first, like, make sure you really love it. Because if you don't love it, it's going to be hard to have the level of obsession you need to keep going and to be able to grind it out over a really long period of time. And so often that looks like find the categories, the stage, the types of companies that you truly love spending time with, because that's much more likely to make you successful. And somewhat to go along with that also, like find your style. There's just so many ways to be good at this. There's no one path to success. And I think, you know, you can see people who are really successful at blogging or Twitter events, or they're going to do dinners every week, or they're going to do really deep, thoughtful content or something. And I think it's really hard to be good at all of them, but I would try to pick the one, you know, pick podcasts, you know, find, find what you're, what you're great at, you know, and, and go really deep on that. I've
Speaker 1
had so many young people come to me and say, yeah, Nick, I'm not going to start a podcast. So, you know, and I say, you don't have to do that. Pick something that's a fit for you for what you enjoy and just, you know, focus. Yeah. That will conclude this installment of Investor Stories. If you're enjoying the program and would like to see it continue, take a moment and leave a five-star review in iTunes. Okay, that will wrap things up for today. Until next time, over-prepare, choose carefully, and invest confidently. Thanks for joining me.

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