Todd Tresidder's a serial entrepreneur who retired at 35 afterbuilding millions as a hedge fund manager. He’s 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? – Essentialism
What CEO do you follow? — Steve Jobs
Favourite online tool? — None
Do you get 8 hours of sleep?— It varies
If you could let your 20 year old self know one thing, what wouldit be?— Buy more income-producing real estate

Time Stamped Show Notes:
01:20 – Nathan’s introduction
01:35 – Welcoming Todd to the show
02:18 – Lasted about 6 months at Hewlett Packard - then he wasfired
03:20 – “Everything is quantitative”
03:45 – Invested $20 million through a hedge fund set up with apartner
05:00 – “One of the keys in investing is knowing what you don’tknow”
06:30 – Made a 3% management fee
07:20 – “It’s completely a numbers game”
07:55 – Why move to teaching others?
08:30 – “You reach a point where you’ve learned what you’re goingto learn”
09:03 – “I would have been repeating life over and over”
09:35 – Sold the hedge fund and travelled through the Middle Eastand Europe
10:45 – Todd’s currently working on his courses at FinancialMentor
11:00 – Started as a boutique coaching site
12:10 – “I’m trying to develop the one-on-one coaching intocourses”
13:00 – Nathan spends 10% of what he earns and spreads the restacross different equities
13:55 – “The top 12 asset allocation formulas essentially performthe same over 30 years”
15:00 – “The variance in return is to do with risk exposure”
16:00 – There are limits to growth in conventional assetallocation
16:20 – “Entrepreneurial strategies will blow the doors offconventional allocation”
17:30 – “Set yourself up so ‘heads you win, tails you win’
18:15 – Play smart - risk can be unexpected
19:25 – The solution to risk management is “higher highs, higherlows”
21:00 – “I sold all my real estate in 2005 or 2006 - I waslambasted, but I didn’t want the risk”
22:00 – “Knowledge leverage has no downside”
18:58 – Connect with Todd at Financial Mentor - and receive a freeebook and course
24:18 – The Famous Five

3 Key Points:
Know what you don’t know. Be aware of the areas you aren’t 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’llunderstand how wealth works.

Resources Mentioned:
Freshbooks - The site Nathan uses to manage his invoices andaccounts.
Host Gator – The site Nathan uses to buy his domain names andhosting for cheapest price possible.
Leadpages – The drag and drop tool Nathan uses to quickly createhis webinar landing pages which convert at 35%+
Audible – 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

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

SaaS Interviews with CEOs, Startups, Founders

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