The strength of your investing business is in the people you surround yourself with. You can have access to capital and a good plan on putting it to use, but if your team is poor, ultimately you will suffer. The importance of your team is magnified as you are just starting out. You are pulled in many different directions and aren’t sure exactly which way to go. It is critical to have several team members you can lean on for advice and guidance until you find your footing. Even when your business takes off you will still find yourself relying on your team in almost every area of your business. A good team doesn’t ensure success, but it certainly makes things a whole lot easier. Here are five essential team members for any new investor.
There is literally another dozen or so members you could add to the list, but these are the core five. If you are just starting out look to fill these five spots and go from there.