The Erik Cabral Show

E168: Creating Your Personal Board of Directors with Investopedia’s Caleb Silver


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Where do you turn to when you want to learn more about investing or how to invest? For many people, Investopedia comes to mind. Today’s guest is Caleb Silver, an award-winning American journalist and the editor-in-chief of Investopedia, a 23-year old brand with a mission to spread financial literacy and education and helping people learn how to invest. Caleb is the president of the Society for Advancing Business Editing and Writing (SABEW). He is also the host of The Investopedia Express Podcast.

In this episode, he talks about the power of mentorship and why you should be creating your own personal board of directors to help you stay on track.

Here are some power takeaways from today’s conversation:

  • What it was like for Caleb growing up
  • How he got into the investing world
  • When he discovered the story-telling part of himself
  • The importance of mentorship
  • Building your own “board of directors”
  • The birth of Investopedia and the podcast
  • Why Investopedia is more than just a glossary
  • Plans to expand the brand
  • Episode Highlights:

    Mentorship and Building Your Personal Board of Directors

    Build your own personal board of directors. It could mean your mom and dad, as well as the people that know you well, either professionally or personally. These are the people who can help steer you in those types of decisions. When you have those key life decisions, whether they're personal or professional, or some hybrid of both, who are the six to 10 people that you can bounce that off of where you know you're going to get an honest, direct candid opinion and some guidance?

    Learn from people smarter than you and gravitate towards them. Find people that are doing what you want to do, or are living a life that you potentially would hope to model.

    The Birth of Investopedia and the Podcast

    Seeing the influx of investors joining the market and wanting to get into finance, Investopedia was created with the initial goal to serve as a dictionary of financial terms that they could put on the internet. From there, it became a primary resource when it comes to people searching for financial and investing information.

    Meanwhile, The Investopedia Express Podcast is about helping educate people, get them ready, get them set for the things that may happen when they have conversations with super smart people that shed light on certain topics.

    More Than Just a Glossary

    23 million people come to Investopedia every month and they all have individual and personal needs. Caleb clarifies that they're not just a glossary or an encyclopedia. They have so much different content on the site. They have a very popular stock simulator and lots of FAQs about investing and trading. Ultimately, it's about really having their finger on the pulse of the individual investor.

    Resources Mentioned:

    Investopedia

    SABEW

    The Investopedia Express Podcast

    ...more
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    The Erik Cabral ShowBy Erik Cabral

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