2 main ways to participate in generational money-making environments:
1) build a company
2) invest / own equity in one
Or…both.
How to build a company:
> find something people need
> find something you’re good at
> find something that makes money
> sell it
How to invest:
> find something the world needs
> get in at a favorable valuation
> have conviction to ride the curve
I believe in a combination of the two. I primarily swing/invest in common stock so combining that with businesses/work can:
- accelerate equity curve meaningfully
- allowing positions to work
- compound active and passive wealth at the same time
- learn valuable skills
- build biz acumen that helps in all markets
If you’re in your 20s or 30s are struggling with just trading for income…pair it with something that can put $$$ in your pocket. The more entrepreneurial, the better.
The entire goal is to own pieces of equity in both active and passive vehicles.
As you get older and/or make more $$$, things will skew more passive, but early on…it should skew more ACTIVE.
nobody will really say it…but cashflow/stability is by far the biggest unlock early in trading & investing imo.
Early on, you might not have money to buy equity…so build it yourself, and then deploy money back into the markets to compound. Lethal combo.
@scottfelsenthal is a great example of someone with operator + investor skills.
anyways, i love building companies…and i love investing in them. and while I don’t have all the answers, i def want to continue learning how to do both at the highest levels. more soon