Secrets From A Billionaire Club w/ Michael Sonnenfeldt
Link to full podcast summary: Secrets From A Billionaire Club w/ Michael Sonnenfeldt
Who is Michael Sonnenfeldt?
Michael Sonnenfeldt is a successful real estate entrepreneur who has a record for one of the most successful real estate deals of all time. He’s also the founder and chairman of Tiger 21, a private club of billionaires and first generation wealth creators who rely on each for continuous learning as it pertains to the economy and wealth preservation. He is also the author of the book Think Bigger: And 39 Other Winning Strategies from Successful Entrepreneurs.
Trey Lockerbie and Michael Sonnenfeldt discuss what Michael learned from achieving his dreams early in his thirties and what he’s learned from subsequent wins and losses, how it led him to found Tiger 21, and how he leveraged surveys from the group to better understand the economy and preserving wealth.
by their success as an entrepreneur to assume they will succeed as an investor. Often there's a rude wake up call.
When it comes to hiring talent, Michael likes to know people's failures. Without failure, people can't test their limits or learn what their strengths and their weaknesses are.
At some point you need to teach kids that their failure is a reflection of their own shortcomings. If they want to win, they need to work harder smarter
True learning comes from your peers who collectively see things that you can’t see on your own
The absence of a formal education doesn’t prevent anyone from creating great success
"Analysis" and meditation is a gift that you give to yourself to explore your inner mind
Most entrepreneurs don’t know that much about investing. They have been fooled
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