The relationship between founders and investors is symbiotic. What should this relationship look like, and what are the first steps toward success?

In this episode, Jamie and Ana talk with Phil Loughlin, Managing Director at Bain Capital Private Equity, one of the largest private equity firms in the world.

Phil has spent 25 years building his investing expertise. His focus is on consumer service, financial services, retail, and much more. Prior to joining Bain Capital, Phil was a consultant at Bain & Company.

Phil talks with Jamie and Ana about what it takes to be a successful founder, why investors go for founder-led businesses, and why reciprocal partnership is needed between the investor and the founder.

Key Takeaways

  • Phil’s first money memory.
  • How Phil found his way to his passion.
  • Finding your niche and expertise.
  • Why choose private equity investing?
  • Think strategically before putting in any capital.
  • Why go for founder-led businesses?
  • Two paths for founders.
  • The interpersonal skills of a successful founder.
  • What’s the difference between a Founder-CEO and a CEO?
  • The importance of delegating tasks.
  • How to get rid of FOMO for investors.
  • Insights on development in the investing industry.
  • What Phil wants his legacy to be.

“If you’re a founder and you’ve had huge success, you can be forgiven for thinking you’re really talented—because guess what, you are really talented. But, like every other human being in the world, you’re not really talented at every single thing. And the CEO job is so multi-variable and multifaceted. There are so many different parts.” – Phil Loughlin

Links

Connect with our hosts

Subscribe and stay in touch

facebook twitter linkedin mail print
Share Post: facebook twitter linkedin mail print
Recent Posts
Blog

Things to Consider When Finetuning Your Processes

By: Jessica Harrington
I coach an advisor who wanted to start doing monthly surge meetings. He was thinking of grouping an intense workload of client meetings for two weeks, followed by a …
Blog

For Women in Wealth Management, Practice Makes Perfect for Prospecting

By: Carson Group
This post is part of a series discussing the findings of the 2022 State of Women in Wealth Management Report by Mary Kate Gulick and Julie Ragatz, Ph.D. The …
Blog

How to Find an Advisor Back Office Solution that Works for Your Firm

By: Jessica Harrington
As an advisor, your time is best spent on activities that grow your practice and use your core skills, like networking, meeting with clients and handling their financial planning. …
Blog

How Women Advance (and Don’t) in Wealth Management

By: Carson Group
This post is part of a series discussing the findings of the 2022 State of Women in Wealth Management Report by Mary Kate Gulick and Julie Ragatz, Ph.D. The …
1 2 3 5,667