We Study Billionaires - The Investor’s Podcast Network

TIP540: Lessons in Life and Business from a Self-Made Billionaire w/ Andrew Wilkinson

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Mar 31, 2023

Trey interviews Andrew Wilkinson, a self-made billionaire and co-founder of Tiny, known for acquiring and scaling tech companies. They discuss innovative strategies for navigating market disruptions and personal growth through self-care. Andrew reveals insights from his partnerships with investing icons like Bill Ackman and Howard Marks. The conversation also covers his unique perspectives on parenting and fostering a love for investing in children, as well as setting 'anti-goals' to prioritize personal well-being and success.

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INSIGHT

No Daily Valuation

Andrew Wilkinson's companies benefit from the lack of daily valuation updates.
This prevents emotional reactions and allows for long-term focus, similar to how people view their homes.

ANECDOTE

Bootstrapping History

Wilkinson's early businesses were bootstrapped out of necessity, not by choice.
This experience taught him financial discipline and highlighted inefficiencies in other businesses.

ADVICE

Overcome Scarcity Mindset

Don't let a scarcity mindset prevent strategic investments in growth.
Be willing to take on smaller ownership for a larger overall outcome.

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