Group Investing with Travis Smith | E44

The Eric Mueller Show

Today, your perspective on investing is going to shift dramatically. Travis Smith (@tribevesttrav) is the Founder and CEO of Tribevest (@tribevest), the platform that makes it easy to invest as a group and complete deals together with your family and friends in as little as 48 hours.

Travis and his brothers realized that if they were going to change their family’s financial trajectory, they’d need to work together. They wanted to invest as a group but quickly discovered it required a complicated path of lawyers, paperwork, banking regulations, and hundreds of hours. There had to be a better way. Enter Tribevest.

Before becoming a full-time entrepreneur, Travis was a top financial advisor and along with his wealth management training, he became a thought leader in the FinTech industry focused on digital payments. He led the Strategic Alliance team at a multi-billion-dollar FinTech company and core software for thousands of banks. Through these experiences, he discovered it was exponentially more fun to disrupt the reigning wealth management institutions than to be a part of them.

Travis is obsessed with building a platform that standardizes, streamlines, and ultimately decreases the risks of group investing. On his journey blending entrepreneurship with investing and industry disruption, Travis has found that it takes working together to level up our investments and achieve financial freedom!

Quote of the episode:

· “I realized that people with financial independence OWN things.”

Highlights of the episode:

· Should you do business with family and friends?

· Group investing and finding your tribe

· People you KNOW, LIKE, and TRUST are the best business partners

· Group think helps you make good decisions

· Pain + Reflection = Growth

Additional resources:

· Tribevest

· Originals by Adam Grant

· Maslow’s Hierarchy of Needs

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