3 Biggest Mistake Fund Managers Make

3 biggest mistakes new fund managers make and how you can avoid them when launching your own fund. I've helped over 1,000 fund managers in our Black Card community, and I currently run 2 8-figure funds. Okay, so number one I see is my idea is perfect. A lot of people come in, they believe their idea is perfect, and most people don't backtest their idea. They also don't iterate on their ideas well. They believe they've got everything figured out. And I'm speaking from experience here. The flip side, what I see good fund managers do, they're launching a fund, they work with investors. If you've seen our Fund Launch Formula phase, Phase 3 is capital raising and working with investors, going back and forth and looping in your potential client to build a fund that investors are dying to have.