Episode 709 | The 7 Greatest Investments of My Life

In episode 709, join Rob Walling for a solo adventure as he shares his story of growing his personal wealth over the past few decades. Selling companies was the major driver of wealth, but he also explores the role of cryptocurrency, running profitable companies, and angel investing. Rob emphasizes the power of entrepreneurship in achieving financial freedom, while acknowledging there are ways to do so while keeping risk relatively low.

Episode Sponsor:

We have been partnering with Lemon.io for several years, and they’ve proven to be a great choice when it comes to hiring for a highly skilled developer to work on your project.

Here are five reasons why you should consider working with Lemon.io.

1. The time from your request to getting a candidate is just 48 hours.
2. Developers have previously worked with tech giants such as Apple, Google, Netflix, Airbnb, Intel, and LEGO. 
3. They only provide senior devs, with an average of 7 years' experience.
4. Their talent pool covers more than 300 dev languages & frameworks.
5. Your hire comes with a zero-risk, replacement guarantee.

Customers of Lemon.io typically stick around for at least a year, proving they know how to gain your trust by delivering consistent results.

Quit wasting time searching for a solid developer at a great price. Get in touch with Lemon.io.

As a bonus for our podcast listeners, you’ll get a 15% discount on your first four weeks of working with a developer at lemon.io/startups. That’s lemon.io/startups

Topics we cover: 

• 2:50 – A lesson on how to build wealth
• 4:31 – Entrepreneurship was our biggest tool
• 6:37 – Building, acquiring, then selling companies
• 10:45 – Building slowly while staying risk-averse
• 13:27 – Investing in riskier assets like cryptocurrency
• 19:39 – Running profitable companies
• 20:56 – Angel investing, and WP Engine
• 23:44 – Traditional, salaried employment
• 24:53 – Typical investments: stocks, bonds, REITs
• 27:36 – Real estate investing

Links from the Show: 

• MicroConf Connect
• Christopher Gimmer (@cgimmer) | X
• Christopher’s tweet
• Sherry Walling (@sherrywalling) | X
• The Stair Step Method of Bootstrapping
• Start Small Stay Small by Rob Walling
• This Took 11 Years to Be An "Overnight Success" - SaaS Exit Strategy
• Zen Founder
• The SaaS Playbook by Rob Walling
• WP Engine
• TinySeed
• Barbell Strategy Explained for Stock and Bond Investors

If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode.