Startups For the Rest of Us

Episode 709 | The 7 Greatest Investments of My Life


Listen Later

In episode 709, join Rob Walling for a solo adventure as he shares his story of growing his personal wealth over the past few decades. Selling companies was the major driver of wealth, but he also explores the role of cryptocurrency, running profitable companies, and angel investing. Rob emphasizes the power of entrepreneurship in achieving financial freedom, while acknowledging there are ways to do so while keeping risk relatively low.

Episode Sponsor:

We have been partnering with Lemon.io for several years, and they’ve proven to be a great choice when it comes to hiring for a highly skilled developer to work on your project.

Here are five reasons why you should consider working with Lemon.io.

  1. The time from your request to getting a candidate is just 48 hours.
  2. Developers have previously worked with tech giants such as Apple, Google, Netflix, Airbnb, Intel, and LEGO. 
  3. They only provide senior devs, with an average of 7 years' experience.
  4. Their talent pool covers more than 300 dev languages & frameworks.
  5. Your hire comes with a zero-risk, replacement guarantee.
  6. Customers of Lemon.io typically stick around for at least a year, proving they know how to gain your trust by delivering consistent results.

    Quit wasting time searching for a solid developer at a great price. Get in touch with Lemon.io.

    As a bonus for our podcast listeners, you’ll get a 15% discount on your first four weeks of working with a developer at lemon.io/startups. That’s lemon.io/startups

    Topics we cover: 
    • 2:50 – A lesson on how to build wealth
    • 4:31 – Entrepreneurship was our biggest tool
    • 6:37 – Building, acquiring, then selling companies
    • 10:45 – Building slowly while staying risk-averse
    • 13:27 – Investing in riskier assets like cryptocurrency
    • 19:39 – Running profitable companies
    • 20:56 – Angel investing, and WP Engine
    • 23:44 – Traditional, salaried employment
    • 24:53 – Typical investments: stocks, bonds, REITs
    • 27:36 – Real estate investing
    • Links from the Show: 
      • MicroConf Connect
      • Christopher Gimmer (@cgimmer) | X
      • Christopher’s tweet
      • Sherry Walling (@sherrywalling) | X
      • The Stair Step Method of Bootstrapping
      • Start Small Stay Small by Rob Walling
      • This Took 11 Years to Be An "Overnight Success" - SaaS Exit Strategy
      • Zen Founder
      • The SaaS Playbook by Rob Walling
      • WP Engine
      • TinySeed
      • Barbell Strategy Explained for Stock and Bond Investors
      • If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you!

        Subscribe & Review: iTunes | Spotify | Google

        ...more
        View all episodesView all episodes
        Download on the App Store

        Startups For the Rest of UsBy Rob Walling

        • 4.9
        • 4.9
        • 4.9
        • 4.9
        • 4.9

        4.9

        697 ratings


        More shows like Startups For the Rest of Us

        View all
        This Week in Startups by Jason Calacanis

        This Week in Startups

        1,288 Listeners

        The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

        The Official SaaStr Podcast: SaaS | Founders | Investors

        174 Listeners

        The a16z Show by Andreessen Horowitz

        The a16z Show

        1,084 Listeners

        The SaaS Podcast: Build, Launch & Scale Your SaaS by Omer Khan

        The SaaS Podcast: Build, Launch & Scale Your SaaS

        186 Listeners

        Built to Sell Radio by John Warrillow

        Built to Sell Radio

        211 Listeners

        Y Combinator Startup Podcast by Y Combinator

        Y Combinator Startup Podcast

        226 Listeners

        REWORK by 37signals

        REWORK

        210 Listeners

        My First Million by Hubspot Media

        My First Million

        2,655 Listeners

        The Startup Ideas Podcast by Greg Isenberg

        The Startup Ideas Podcast

        205 Listeners

        Marketing Against The Grain by Hubspot Media

        Marketing Against The Grain

        357 Listeners

        Moneywise by Hampton

        Moneywise

        659 Listeners

        The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

        The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

        240 Listeners

        The Next Wave - AI and The Future of Technology by Mindstream (Hubspot Media)

        The Next Wave - AI and The Future of Technology

        58 Listeners

        AI + a16z by a16z

        AI + a16z

        35 Listeners

        Lightcone Podcast by Y Combinator

        Lightcone Podcast

        21 Listeners