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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!
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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.

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This week we covered:

00:00 The Journey of a Young Athlete

02:49 Transitioning from Sports to Business

06:11 The Reality of Professional Sports

09:05 Mindset: The Key to Resilience

12:00 The Importance of Self-Awareness

14:50 Navigating Financial Success

17:47 Risk Management in Entrepreneurship

24:25 Taking a Break After Success

25:54 Exploring New Opportunities

26:54 Investing in Healthcare and AI

27:53 Allocating Wealth Wisely

29:19 Starting with the End in Mind

30:47 Understanding Wealth Management

32:11 The Reality of Wealth

34:38 The Psychological Aspect of Wealth Management

39:28 Advice for Entrepreneurs

40:54 The Importance of Cash Reserves

43:41 When to Seek Professional Help

Neues Depot-Risiko, unbeliebte ETFs, baldige Trendwende + VW & Kering! (mit Christian W. Röhl)