Having a network of advisors is one of the most powerful ways we can confidently navigate free agency, especially for new entrepreneurs.
There’s so much value in having an infrastructure of support around you. If we want to build a business that will give us freedom we need a solid foundation, utilizing good advice from the right people.
What many people discover in their free agency journey is the power of human capital, and why it’s just as critical as financial capital. What are the benefits free agents get from maturing their network and tapping into the wisdom and experience of other people? How can we communicate effectively with advisors and investors?
In this episode, I’m joined by entrepreneur, business advisor, CEO of Blackthorne Capital Management, and my husband Peter J. Layton. He talks about his career, and the most important lessons he’s learned along the way.
Watch the Full Episode:
Three Things You’ll Learn In This Episode
- What it takes to be a successful investor
One of the biggest challenges investors face is investing in an industry or niche we don’t have experience in. In that case, it’s important for that venture to have a lead investor. Go into the venture with someone who knows that sector well and brings in cash because they understand and believe in the idea.
- The biggest mistake entrepreneurs make
Entrepreneurs shoot themselves in the foot by not keeping their investors up to speed with what’s going on. A good board will demand good reporting, governance and transparency into what’s going on. It’s hard to get additional funding or support if you don’t maintain clear channels of communication.
- How to find support, advice and resources as a free agent
New entrepreneurs often feel like they have no support. The truth is, if we have good ideas, integrity, transparency, a strong work ethic and a willingness to pay that help forward, many people will gladly step forward to help.
Peter J Layton is an entrepreneur, business advisor, commodity trading advisor, venture and angel capital investor, and the CEO of Blackthorne Capital Management and a managing member at Warhawk Fund.
He is an expert on Big Data, Alternative Investments, and Liquid Managed Macro Futures.
For more information, visit https://www.linkedin.com/in/peterjlayton.
To learn more about Enactus visit https://enactus.org.