I have been trying to start something of my own for a while now and I am beginning to see that the journey in Entrepreneurship and Investing is not that different.
I came across quite a nice video on how to take your idea to a startup below.
Essentially, what it takes to grow your idea to a startup company is to come up with a business model, test it out, tweak/modify/change and repeat until you get traction and grow it into a company.
This is not too different from investing where we come up with an investing idea/strategy. Be it value investing, factor investing, technical investing or the Permanent portfolio strategy. After we come up with an investing idea/strategy, we test it out in the market. We tweak, modify and change depending on how it works for us until we see satisfactory returns.
From this perspective, I see that the Monk (financial blogger) is not too different from the Warrior (Entrepreneur). I would say both would require extreme self-discipline, self-awareness and mental tenacity to eventually get results and succeed. Perhaps Jes from SimplyJesMe and Co-founder of Snackfirst can attest to that.
Happy Value Investing