The Key Trait Shared By All Successful Business Owners | Mike Sherbakov E310

What separates highly successful entrepreneurs from those who never break through? In this episode of The Rich Somers Report, Rich sits down with venture capitalist Mike Sherbakov, general partner of The Veteran Fund, to break down the key trait he’s seen in the most successful business owners after working with over 10,000 entrepreneurs.

Rich and Mike discuss:

Why resilience, adaptability, and leadership are non-negotiable for founders.
The biggest mistakes that prevent entrepreneurs from scaling their businesses.
How venture capital firms evaluate startup founders before investing.
Why former athletes and military veterans often excel as business owners.
The importance of being obsessed with growth, solving problems, and taking action.
Rich also shares insights into his real estate investment fund, how he’s raising capital for boutique hotels, and what retail investors should know about diversifying into commercial real estate​.

Mike shares insights from working with The Founder Institute, where thousands of entrepreneurs have gone through intensive training to build scalable businesses. Whether you’re launching a startup, scaling an investment portfolio, or just want to develop a winning mindset, this episode will challenge you to think bigger and level up.

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