My First Million #174 with Andrew Wilkinson - How to Network with Billionaires, Andrew and Sam's Recent Investments, & A Better Investor Than Buffett
39 snips
Apr 23, 2021 
Join Andrew Wilkinson, a savvy entrepreneur and investor known for his eclectic portfolio and networking prowess, as he shares insights with Sam Parr. They delve into their latest investments, including Andrew's whimsical foray into bakery ownership. Learn his time-saving email hacks and how he connects with billionaires. Andrew also discusses how to reinvent local businesses, and makes a compelling case for Henry Singleton as a more brilliant investor than Buffett. It's a candid chat packed with valuable entrepreneurial wisdom!
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Girlboss Acquisition
- Andrew Wilkinson acquired Girlboss, a media company for women founded by Sophia Amoruso.
- Initially a venture-backed startup, it faced challenges and was sold, but Andrew saw value in its assets.
Hidden Value Investing
- Andrew Wilkinson focuses on acquiring undervalued assets, like Girlboss, despite poor P&L, seeing potential in their underlying assets.
- He prefers proven operators, especially in overvalued markets, and leverages his rolling fund for venture investments.
Crypto and Network Effects
- Andrew is excited about crypto's potential to disrupt social networks by aligning user and platform incentives.
- He highlights BrainTrust, a no-fee Upwork competitor using a coin to reward early users and foster network effects.
