From $10m+ Hedge Fund Details to $2.4m Travel Company To FinTech Startup with Derek Capo of eFin EP 209

Published: March 30, 2016, 4:01 p.m.

Derek Capo, a former hedge fund guy, and Miami native who witnessed the 2007 real estate collapse first hand. Listen as Nathan asks Derek about his life in a hedge fund, his several entrepreneurial ventures, and what it\u2019s like saying \u201cSee-ya\u201d to South Beach to set up a business \xbd a world away in China.

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Famous 5:

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Favorite Book? \u2013 N/A
What CEO do you follow?\u2014 Hoby Darling
What is your favorite online tool?\u2014 Asana
Do you get 8 hours of sleep?\u2014 No
If you could let your 20 year old self know one thing, what would it be?\u2014Focus on more profitable businesses

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Time Stamped Show Notes:
01:16 \u2013 Nathan\u2019s introduction
01:35 \u2013 Welcoming Derek to the show
01:48 \u2013 Life in a hedge fund and in Fin Tech
02:22 \u2013 The biggest win?\u2014Jet Blue\u2014made $3-4 million in a few weeks
04:27 \u2013 Luck versus Skill in the hedge fund game
07:35 \u2013 Compensation in a hedge fund
08:50 \u2013 Not many 21 year olds get started in a hedge fund
09:50 \u2013 It\u2019s ALL about the hustle
10:50 \u2013 Heading to China from Miami
11:18 \u2013 Seeing the financial crisis LIVE in Miami
12:16 \u2013 In the \u201cshorting\u201d game you have to be patient and willing to wait years to see your positions pay off
12:44 \u2013 Why Derek went to China
14:30 \u2013 The lifestyle in China is cheap, but not as cheap as you might think
14:58 \u2013 www.efin.com
16:25 \u2013 Derek has two partners from China
17:17 \u2013 How Derek will eventually make revenue with EFin
17:38 \u2013 So far have put $50K into the business
20:30 \u2013 Derek@Efin.com

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3 Key Points:
Engage prospects with content before making an offer.
Get facetime with people, build intimacy.
Test different things to see what works well\u2026when you find it, hit it hard and fast.

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Resources Mentioned:
Edgar \u2013 Nathan uses Edgar instead of other scheduling tools\xa0for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over \u2013 time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn\u2019t have to work or pay for.
Host Gator - Powerful web hosting made easy and affordable.
Google Keep \u2013 The online tool Ezra can\u2019t live without
www.EFin.com \u2013 Derek\u2019s new business
Derek@Efin.com \u2013 Derek\u2019s email address

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The Top is FOR YOU if you are:

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A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

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STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

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An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

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The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

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Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

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Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

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