No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Sam Parr (@TheSamParr) talks to Michael Sonnenfeldt, founder and chairman of Tiger 21 - a peer-to-peer network for high-net-worth individuals - about how to build wealth and preserve it. — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch ---- Links: * Michael Sonnenfeldt - https://www.sonnenfeldt.com * Tiger 21 - https://tiger21.com 📧: Sign up for The Hustle Daily Newsletter: https://mfmpod.link/idr 🎙️: Download Our Podcast: https://link.chtbl.com/2oi40TyN A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ----- Show Notes: (01:05) - What is Tiger 21 (09:10) - First business (13:15) - Levels of wealth (31:50) - Ability to earn vs. ability to invest (33:20) - Why real estate (40:15) - Do you regret selling?