Do Business. Do Life. — The Financial Advisor Podcast — DBDL

022: Anthony Zhang - Pitching Mark Cuban, Overcoming Adversity, and Investing in Fine Wine

Jul 26, 2023

53:53

For any advisors who are fans of wine and/or investing, this episode is for you!

I’m speaking with Anthony Zhang, co-founder and CEO of Vinovest—an online platform that allows anyone and everyone to invest in fine and rare wine.

In the past, wine investing was exclusively reserved for the ultra-wealthy. However, Anthony figured out how to leverage technology to eliminate barriers and make this lucrative asset class a lot more accessible.

BTW, this isn’t his first startup either. A separate company was backed by Mark Cuban and later acquired when he was only 21 years old. After a successful exit, he went on to start and scale multiple businesses. So, a lot to learn here on growing a team and getting the right people on the bus.

3 of the biggest insights from Anthony Zhang …

Why wine investing not only delivers delight, but also minimizes taxes and offers consistent returns that have outpaced the stock market.

The values-first hiring process that allowed Anthony to scale Vinovest into a lean 20-person company that manages 9-figures in assets.

How Anthony turned adversity into abundance and gratitude after an accident left him paralyzed from the neck down.

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DISCLOSURE

This conversation is not to be considered investment advice. All individuals should independently evaluate the suitability of any investment based on their own circumstances. Brad Johnson is an investor in and a client of Vinovest, Inc.

These conversations are intended to provide financial advisors with ideas, strategies, concepts and tools that could be incorporated into the advisory practice, advisors are responsible for ensuring implementation of anything discussed is in accordance with any and all regulatory and compliance responsibilities and obligations. TP07233006405

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