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CFD 409 – Investing Like The 1%

This episode shows you how to duplicate the results of some of the most successful entrepreneurs in the world and invest life the top 1%.

Scott Picken is a South African-born real estate investor and entrepreneur. He is the co-founder of Wealth Migrate, a Fintech company that offers real estate investments on its online marketplace through crowdfunding. He began offering real estate investment solutions at the age of 26 when he founded International Property Solutions.

The Huffington Post named Wealth Migrate as one of the top 60 real estate crowdfunding solutions in the United States in 2014.

Podcast Highlights

  • Who is Scott Picken?

Scott Picken has always loved building things. Scott built an extension onto his family’s house at the age of 13. This lead to his passion for building businesses and technology.

  • Building Something Tangible Versus Something Intangible

If you want to be successful, do what successful people do.

The amount of money you can make in the business world is proportional to the amount of value you can add.

  • How Did You Go From 13 Year Old To Wealth Migrate?

After missing out on a major opportunity during the 2008 crisis, Scott decided to build a platform that allowed people to access the capital that the institutions could as well as the knowledge and expertise to invest globally.

  • Using The Wealth Migrate Platform

No matter what happens to business and technology, the fundamentals never change.

  • What Are The Top 3 Mistakes That You’ve Made?

Systems unlock the potential for your business.

The people you know and like don’t always make good team members, it can make having difficult conversations even harder.

  • Scott’s Takeaway

Nobody learned how to swim by reading a book, at some point, you have to jump in the water.

What doesn’t kill you makes you stronger, it’s not a case of if, it’s a case of when you will make mistakes. The important trait to have is persistence.

Links:

https://www.wealthmigrate.com/

http://www.ipsinvest.com/

https://en.wikipedia.org/wiki/Scott_Picken

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