We Study Billionaires - The Investor’s Podcast Network cover image

TIP525: Secrets from a Private Billionaire Club w/ Michael Sonnenfeldt

We Study Billionaires - The Investor’s Podcast Network

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Stand & Do Nothing

Entrepreneurs who transition into investors face challenges as they lose the natural advantage and earning capacity provided by their business. While entrepreneurs focus on concentrated opportunities, investors have to diversify. This shift can lead to over-concentration and a lack of understanding of risk. Successful entrepreneurs often excel in areas where they have a natural advantage, similar to a fish in water. When entrepreneurs become investors, they may struggle against seasoned investors. Tiger 21 aims to support entrepreneurs in this transition, helping them become better investors. The transition from action-oriented entrepreneurship to patient investing can be challenging, highlighting the importance of understanding and adapting to a new investing approach.

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