Fund Managers Are Full Time? 🤔

Is this fund manager, that's their full-time gig? It's not like a manager on the side as well as doing this? Is that a full-time dedicated person?

To run the fund? It depends. Anytime you take outside money, you want that to be a core focus of what you're doing. Because you don't want to mess up with somebody else's money. You are a fiduciary to your investors. It is of highest priority whenever you take money. Now, that being said, look at me and Dan. So we run a $20-25 million fund. We spend some weeks, we spend like 50-60 hours a week on the fund. Other weeks, we spend just a few hours a week depending on the week. It's more about focus and importance. What it is to you. I would not do it as a side hustle that you want to forget about in a couple months. When you take dollars, it's a big deal.