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Updated 5 months ago,
Who not how! What team members and skills are required for success in MF investing?
What does it take to put together an effective MF investment team?
Folks may be familiar with the terms “visionary” and “integrator”.
MF teams need both.
The visionary is full of ideas, has a high level of vision where he or she wants the business to go, maybe sometime loses track of the practical nuts and bolts, and is perhaps not very detailed oriented.
The integrator makes it all work. Systems, processes, efficient, organized, steady, handles all the details.
Another model is:
1. The Hunter - finds the deals, networks with brokers, risk tolerant
2. The Hammer - gets the job done, runs the asset, PM, and AM
3. The Mind - the analyst, the underwriter, financial and accounting
4. The Money - raises the capital
All four skill sets are required. Rarely does one person have all these skills.
On my team: I’m the Hunter, Brian is the Hammer, Dan is the Mind and we all bring capital.
Put these skill sets together, and your MF investing journey will start to soar.