The entrepreneur and corporate adviser has had plenty of woulda, shoulda, coulda moments. One of them cost him about $100 million.
It was about four years ago when Mark Carnegie could have backed himself in. He’d been wondering about all the hype surrounding cryptocurrency.
Carnegie, who wanted to be like oceanographer Jacques Cousteau until he decided he wasn’t smart enough, studied law. “Increasingly, these days, there is just more and more and more time stuck fighting lawyers,” he says. He thinks some people get too hung up on making money. He argues most people need enough money to pay off their mortgage, have a decent holiday and to be able to look after the health and welfare of their parents. And for the kids? Well, he says, it’s as the old saying goes: enough so they can do everything, but not enough they can do nothing.Carnegie has seen the differences between business builders.
That doesn’t mean you don’t invest with that type of entrepreneur, he says. It does mean you need to keep a more careful eye on the exit.
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