Recent content by BeTheChange

By portfolio I'm referring to businesses I majority own. That's largely how I've been able to scale my NW. The 10% ownership stake in a private business is unrelated. I sold that off and rolled the proceeds alongside all my liquid assets into a single transaction, which is how I came to own the...

If we sold it wouldn't be to a secondaries fund. We'd either sell directly to private equity or a trade buyer. No plans to sell though. Trying to build a much larger business/portfolio.

Going to start using this thread to journal again as reading through some of my old posts from years ago was eye opening. You can sometimes forget the struggle and all the incremental small wins after the moments have passed. Now in my mid 30s with a long term partner and kid and a very...

Just came back to highlight how real the snowball effect truly is. It's been 3 years since my last post in this thread. NW is much harder to gauge now because a lot of it is illiquid/private investments but at book value is around $6m. Market value could be anywhere from $6m - $18m. Keep at it!

Haven't posted in a while but started lurking again recently. Congrats on the business! It truly is the best path to building real wealth. Honestly though I'm surprised to see this thread. Didn't you make an absolute wedge from crypto? I'm sure you were in balls deep since 2016/17. Could be...

Officially a millionaire! I completed the end of month review and hit the elusive 7 figures. Had to widen the column on my excel spreadsheet. It hasn't been any major win but really a series of small victories accumulated over time and avoiding any losses that would completely wipe me out...

A man that chases women will run out of money. But a man that chases money will never run out of women.

How it started: 1 Jan 2020 NW @ $400k. Passive income of $20k p.a. How it ended: 31 Dec 2020 NW @ $780k. Passive income of $60k p.a. Haven't shared these figures with anyone in real life but damn what a crazy year. Almost doubled my net worth in the midst of a global pandemic. Got lucky with...

Congrats man. First rental is the hardest to acquire. Tech/finance is a good play. You see a lot of computer science grads doing their MBA after to get that well rounded business experience so obtaining the mix you described sounds like a similar process. I'm a chartered accountant with a...

How are you finding your degree so far? Computer Science has been bloody difficult!! Coding in python isn't as easy as you'd think - matrices, linked lists, sets, dictionaries, etc - so much to learn. But one month in and already seeing the multitude of use cases for my interests in utilising...

NW at $655k. Business took a hit and given the high fixed costs base we ended up making a loss. Strong pipeline means we should recover next month. Wasn't able to gain government funding for a number of property refurbishments I was looking to do so the scope and scale have now been...

Going back to uni?

I did end up losing one of my three contracts but it wasn't the end of the world and ultimately I didn't have the capacity to take it on anyway. One of my two contracts finishes next week, the other runs to the end of the year with a view to extend into 2021. I start university next week -...

Yes indeed. Hard times, make the man.

Been on a couple of dates with a plate I met online. Smashed a few times. No social connections but would feel bad just ghosting her as she seems to be a decent person and clearly wants a boyfriend. Starting a masters and running a business at the same time so just don't have the capacity for...