Bridger Pennington delivers a motivational talk for entrepreneurs launching investment funds, emphasizing the mental toughness required to manage other people's money in volatile markets. He frames fund management as a high-risk pursuit that separates the committed from everyone else.
Chapters
They never said it would be easy. This game we're talking about here is not for the faint of heart. Managing other people's money is not easy. Fighting volatile markets is not easy. Raising capital is not easy. Taking on the markets head-on is not for everyone. 99.9% of people in the world do not run funds and they never will. They do not have the innate capacity to do it. They do not have the mental fortitude to do it. They are much better off aligning with an entrepreneur Who is crazy enough to build something big, and that's okay. There's no shame in that at all. So you better have a reason why you're running. Running from the game you're in or running to the game you see here. I had a reason to run. There was a voice inside of me that I could not shut off. There are those of us who want to be part of the Crazy 1% who want to say, I want to take on the responsibility of managing tens of millions of dollars of investor capital. I want to be the one who can't shut it off at night. I want to be the one who's responsible on a Saturday afternoon when my employees are playing at the beach with their children, who has to worry about making payroll on Monday morning of $1 million. I want to be that person. If you're gonna go down this path, you better be committed to something big. It can't be, I just want to make money, because the reality is most entrepreneurs fail. Most businesses fail. They fail to make more money for themselves than they would have made working for someone else. It's the only game ever built where you would trade working 40 hours a week in a safe job to work 100 hours a week for yourself. And that's what draws us crazy. crazy 1% to this game because most businesses fail but you don't have to be the one who fails if you choose something different. Not because you want to but because you have no other choice for yourself, your family and your legacy. So if you're drawn to what we're doing here at Funnel Launch, there's a good chance that you're part of the 1% crazy. I want to be the first to say— Welcome home. You have to want to be here. You have to want to start a bloodbath.
