Bridger PenningtonFund Launch & Investment Expert

These are the type of entrepreneurs that should consider launching a fund...

19 Sept 2024 · 1 min

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This content was created by Bridger Pennington. This content was uploaded by Bridger Pennington. This is a YouTube video titled "These are the type of entrepreneurs that should consider launching a fund..." (uploaded 2024-09-19T16:18:26+00:00). The excerpt is a spoken advisory segment in which a single speaker explains that entrepreneurs who already run businesses like retirement homes or funeral homes—with operational experience, personnel and training—but are constrained only by capital and time, are ideal candidates to consider launching or managing a fund to scale their operations.

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So most entrepreneurs in the world, they know how to run, let's say, a retirement home or a, let's say, a funeral home. Their dad ran the funeral home. The dad died. The kid took over. He's been running funeral homes his whole life. He knows how to do it in his sleep. Okay. And he would like to— he believes he could run 10 or 20 or 30 if he had the right money. He has the personnel, the training, the experience. And the only thing stopping him from running 60 retirement homes in 5 states really is money and time. That is the type of person who should consider becoming a fund manager.