The speaker explains that investing personally rather than managing a fund allows for more money-making opportunities and less time spent on managing and updating. Additionally, investing smaller amounts in new businesses is a more viable and profitable option with a higher probability of success.
Venture capitalists are experts at negotiating funding rounds, which can be overwhelming for founders. There's an opportunity for a third party to handle negotiations with investors and leave founders to focus on building their product.
The process of vetting and managing a large number of investment opportunities can be very time-consuming and ultimately have a low rate of success, despite offering a broad exposure to different ideas and industries.
Effective communication in business requires a well-crafted deck and story to serve as a universal language. Language barriers can create logistical challenges, but it's important to look beyond them when assessing potential investments or partners.
The key to any agency business is creating price arbitrage where you are charging a client more than it costs you to provide a service. Ghostwriting is an interesting example because some clients struggle to find people who can write their content.