How Did This Guy Retire at 35? EP 284: Todd Tresidder

Published: June 13, 2016, 3:08 p.m.

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Todd Tresidder's a serial entrepreneur who retired at 35 afterbuilding millions as a hedge fund manager. He\\u2019s the creator ofFinancial Mentor, a hugely successful financial coaching service,which is soon to become an online course. Listen as Todd and Nathantalk asset allocation, risk reduction, and how to createwealth.


Favorite Book? \\u2013 Essentialism
What CEO do you follow? \\u2014 Steve Jobs
Favourite online tool? \\u2014 None
Do you get 8 hours of sleep?\\u2014 It varies
If you could let your 20 year old self know one thing, what wouldit be?\\u2014 Buy more income-producing real estate


Time Stamped Show Notes:
01:20 \\u2013 Nathan\\u2019s introduction
01:35 \\u2013 Welcoming Todd to the show
02:18 \\u2013 Lasted about 6 months at Hewlett Packard - then he wasfired
03:20 \\u2013 \\u201cEverything is quantitative\\u201d
03:45 \\u2013 Invested $20 million through a hedge fund set up with apartner
05:00 \\u2013 \\u201cOne of the keys in investing is knowing what you don\\u2019tknow\\u201d
06:30 \\u2013 Made a 3% management fee
07:20 \\u2013 \\u201cIt\\u2019s completely a numbers game\\u201d
07:55 \\u2013 Why move to teaching others?
08:30 \\u2013 \\u201cYou reach a point where you\\u2019ve learned what you\\u2019re goingto learn\\u201d
09:03 \\u2013 \\u201cI would have been repeating life over and over\\u201d
09:35 \\u2013 Sold the hedge fund and travelled through the Middle Eastand Europe
10:45 \\u2013 Todd\\u2019s currently working on his courses at FinancialMentor
11:00 \\u2013 Started as a boutique coaching site
12:10 \\u2013 \\u201cI\\u2019m trying to develop the one-on-one coaching intocourses\\u201d
13:00 \\u2013 Nathan spends 10% of what he earns and spreads the restacross different equities
13:55 \\u2013 \\u201cThe top 12 asset allocation formulas essentially performthe same over 30 years\\u201d
15:00 \\u2013 \\u201cThe variance in return is to do with risk exposure\\u201d
16:00 \\u2013 There are limits to growth in conventional assetallocation
16:20 \\u2013 \\u201cEntrepreneurial strategies will blow the doors offconventional allocation\\u201d
17:30 \\u2013 \\u201cSet yourself up so \\u2018heads you win, tails you win\\u2019
18:15 \\u2013 Play smart - risk can be unexpected
19:25 \\u2013 The solution to risk management is \\u201chigher highs, higherlows\\u201d
21:00 \\u2013 \\u201cI sold all my real estate in 2005 or 2006 - I waslambasted, but I didn\\u2019t want the risk\\u201d
22:00 \\u2013 \\u201cKnowledge leverage has no downside\\u201d
18:58 \\u2013 Connect with Todd at Financial Mentor - and receive a freeebook and course
24:18 \\u2013 The Famous Five


3 Key Points:
Know what you don\\u2019t know. Be aware of the areas you aren\\u2019t anexpert in - and either learn, or leave them to someone else.
Manage risk. Unexpected things happen all the time - you need to bethinking about how to not just make your high returns higher, buthow to minimise your lows and losses.
Know your numbers. Investing is absolutely a numbers game:everything is quantitative. Understand the numbers and you\\u2019llunderstand how wealth works.


Resources Mentioned:
Freshbooks - The site Nathan uses to manage his invoices andaccounts.
Host Gator \\u2013 The site Nathan uses to buy his domain names andhosting for cheapest price possible.
Leadpages \\u2013 The drag and drop tool Nathan uses to quickly createhis webinar landing pages which convert at 35%+
Audible \\u2013 Nathan uses Audible when he's driving from Austin to SanAntonio (1.5 hour drive) to listen to audio books.

Show Notes provided by Mallard Creatives

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