Forget your startup, are you investible as a founder?
I love this different way of thinking about entrepreneurship (and whether it’s right for you)…
Invariably, when you invest cash, you’re investing in management (i.e. people).
👇
So… what are 𝘺𝘰𝘶 really investing in?
Stocks? It’s management’s ability to build a thriving business.
Hedge funds? It’s management’s ability to manage risk.
VC funds? It’s management’s ability to attract the best deals.
Distressed debt? It’s management’s eye for financial opportunity.
PE? It’s management’s ability to structure deals.
Private credit.? … (don’t ask – I just got burned here!)
Entrepreneurship is no different.
Only this time, YOU are management.
Be honest, would you invest in you?
Credit: This is not my wisdom, sadly. It’s from John Mauldin (I’ve read his newsletter every Saturday for 10 years. I’ll share a link in the comments).
