I frequently meet people with really compelling investment strategies and ideas.
Hey, can you help me raise some money?
They’re looking for help putting together a fund to demonstrate exactly how good their strategy or stock picking really is.
Starting a fund is hard…and expensive
It’s not that I can’t really help them — it’s that starting a hedge fund or mutual fund is pretty complicated and expensive. You need to see significant growth in assets to be able to scale these things to profitability (once they achieve that, though, they’re pretty damn profitable).
Like any startup, the chances of these startup funds achieving escape velocity — getting enough traction to turn their good ideas into profitable ones — is pretty slim.
But, there are other ways of putting your investing talent to work and make money while doing it — all without the headache and onerous infrastructure needed to manage a fund or a regulated investment advisory.
How to make money from your investment ideas (without starting a fund or having $$)
Here are 5 ways to get started selling your portfolio strategies: