Monday Sep 30, 2024

Hands On vs. Hands Off: Decoding Owner-Operator and Silent Investor Roles with Taha Afshar

Have you considered becoming an investor?

The mindset you need differs significantly from being an operator of the business. One that my guest in this episode, Taha Afshar explores with us.

Taha started his journey working in a family-run tea business to then make the shifts needed to diversify their income. He shares his experiences moving to the world of investments. Where he has now successfully acquired and managed multiple businesses.

Taha delves into the importance of diversification in investment portfolios, the challenges of navigating the acquisition process, and the strategies for managing acquired businesses.

With this approach to investments as a form of diversification Taha has given his family a solid foundation for future growth.

“I had a 115% return in the first year.” – Taha Afshar

Timestamps

01:10 - An introduction to Taha

02:16 - Why Taha decided to diversify

08:47 - How Taha found the first business he bought

12:05 - Taha's experience in the sector he bought

13:32 - Acquisition number 2

18:20 - Does Taha work full time in investments?

20:47 - Getting the systems and processes right

25:20 - Evolving and learning

29:22 - Has investing given Taha what he wanted?