Have you guys heard of a Family Office? Most of the successful investors I know have one. The economist recently said “Global finance is being transformed as billionaires get richer and cut out the middlemen by creating their own “family offices”, personal investment firms that roam global markets looking for opportunities. Largely unnoticed, family offices have become a force in investing, with up to $4trn of assets—more than hedge funds and equivalent to 6% of the value of the world’s stock markets.”
I’ve noticed that guys like Magic, A-Rod, Kobe, MJ etc all have family offices and their wealth is actually increases from when they retired. Others are living off the principal/interest until it’s depleted. Family offices are expenses for sure but I love what the @nbaalumni and @driven2excell are working on to solve this!
Don’t get left behind folks! Use group economics, split the costs, play offense and go find the WINS! Don’t wait for others. Founders, you should also seek family offices as your potential investors. Any folks know family offices drop them in the comments below so everyone can benefit.