009: An Entrepreneur’s Guide to Investing with Robert Brooker

Many entrepreneurs believe asset management will be a lot like running a business. However, this doesn’t always prove to be the case, and many business owners experience real shocks as they transition into being passive or semi-passive investors. My guest, Robert Brooker, is someone who navigated this transition beautifully.  Robert built a successful business, removed himself, and set off on a new course as a lifestyle investor, and today we’re exploring how he did it! We discuss the unique perspective on investing he inherited from his family and how he’s passing it on to his kids, how to analyze and assess many different factors as you consider investments, and what truly constitutes a life well-lived. Key TakeawaysWhy people often think selling their businesses will make their lives easier - and why putting their cash to work often proves to be extremely difficult. What makes entrepreneurship so risky - and why Robert attributes his success to hitting a bunch of singles, not home runs.Tools you can use to better understand contracts, licensing agreements, and other important components of deals if you’ve never had formal legal training.What wealth and freedom really mean to Robert. How you can learn from struggle, failure, and missed opportunities.Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/9 Get the Lifestyle Investor Book! To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book Rate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button in Apple Podcasts, (or wherever you listen) so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.