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3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million

 
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12/08/2019 04:03 PM
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3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
[link to www.businessinsider.com (secure)]

1) Don't be afraid to ask stupid questions.

Kutcher's first piece of advice: Don't be afraid to sit in a room with people who know more than you and ask questions that might seem basic or just plain stupid.

When he was first introduced to key players in the tech world, Kutcher would ask every question he could think of — with zero ego. Through the course of a decade, he earned himself an education in tech.

"Oftentimes we get to the point in our careers where we're afraid of looking dumb," said Kutcher. "Every time you fear your own ignorance, you're limiting your potential to learn."

Instead, he said, keep asking the dumb questions. It'll help you learn, but it will also show you where your blind spots are.
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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
2) Having a vision is good, having a plan is better

Near the end of the keynote, Linendoll asked Kutcher to share the one buzzword he's tired of hearing. The word? Vision.

He explained that while having a vision is important, you'll get further if you make a plan: Start with what you've done to work towards your vision or goal, then look at what you can do next to finally achieve your vision. In other words, look at the day in, day out reality of your situation — the nitty-gritty details that get you from point A to B.

When we're trying to set money goals or change our habits, mindsets, or behaviors about our finances, instead of getting too caught up in "vision," we can get grounded instead by looking at what we've already done to reach our goals and what we're doing in the present.

For instance, while I have a grand vision of being a homeowner in Los Angeles, what am I doing in the present to reach that goal? Have I done research on how much homes cost in certain neighborhoods? How much do I need to save for a down payment on a home, and am I on track?
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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
3) Give back

Kutcher comes from humble, blue-collar roots — his dad worked at a meat-packing plant and his mom was a school teacher. Because of that Midwestern upbringing, his philosophy on investing — and life in general — is to give back to those who need a helping hand.

"I'm very appreciative of the things I have," said Kutcher. "I'm always fighting for the little guy, no matter what, because I always feel like I am the little guy. If you're lucky enough to be doing well, it's incumbent upon you to help folks who are struggling to grab that first rung on the ladder to start their climb."
Crypto-Tard

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12/08/2019 06:41 PM

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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
4) Be a TRIBE member. You'll get special access to capital, special deals, access to information from the spy networks, etc.

Last Edited by Crypto-Tard on 12/08/2019 06:43 PM
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
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12/08/2019 06:46 PM
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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
He played a billionaire in Two and a half Men. Soon he could be a billionaire in real life.
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12/08/2019 06:51 PM
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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
#5. Above all else....Sacrifice. wink!
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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
#5. Above all else....Sacrifice. wink!
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12/08/2019 06:58 PM
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Re: 3 surprising money lessons I learned from Ashton Kutcher, the actor-investor who turned a $30 million fund into $250 million
Marry rich

He forgot to mention that part...

The rest of it seems reasonable, if not pedestrian





GLP