Today in The Prosperity Perspective, join Liam Leonard and his guest Marty Park as they review effective money management and the benefits of conservative investing. Throughout his growth as an investor, Marty has come to terms with the typical factors that cloud people when investing: the tendency to take blind risks and the fear of missing out. In this episode, he shares more about the concept of time cost, diversification, why investing with an 'all in' attitude is not advisable, and so much more.
3 Key Takeaways:
What drives an investor during his 20s, 30s, and 40s
Time cost as a factor when investing in other businesses
Taking money out of business is a strategy that informs how you manage the rest of the business; it's not just an afterthought
About Marty Park:
Marty has owned and operated 13 companies in 6 industries since he was 21 years old. His first company was a technology startup, after which he ventured into audio production, retail, the hospitality industry and most recently advertising/marketing. He has been a crucial player in all phases of start-up and growth, including corporate strategy, sales, marketing, operations and finances.
Marty was awarded the Business Coach of the Year for North America and the Recipient for Global Contribution to the coaching profession. Marty has also been selected as one of Calgary’s Top 40 under 40. Marty was awarded the CYBF Canadian Mentor of the Year and selected as one of 18 entrepreneurs to represent Canada at the G20 Entrepreneur Summits in France, Mexico City and Russia.
Connect With Marty: