Guess who is taking the guest seat today? A proud and confident Garett Polanco – Chief Investment Officer, who faced challenges bravely and turned the tables into favor, and now known as one of the potential investors around the world.
Tell us about yourself?
As self-made investor, I’m very proud. I struggled a lot in my early life poverty is unforgiving. I graduated at a young age and found my path investing where I met my business partners and established my first private equity fund, independent equity. Shortly, after, I established Billionaire collective a venture capital. Right after selling my funds, I built several businesses and trade but focused more on philanthropy. Currently, I’m working in the USA, Africa, India, and Thailand with SOS USA, Outreach International, and for other well known charitable organizations.
What makes your organization different than your competitors?
So, whenever it comes to differentiate my organization with my competitors, We came up with a unique idea of replacing IRA’s and CD’s promising 10% returns, which my companions and I developed, to back up each account with security and leveraging value. The idea had incredibly successful results because it was geared to help others and to break poverty, the idea was implemented in a system where even breaking out cycle is almost impossible.
How much potential market share can you achieve in the next 3 years?
I wish I could be a predicitonist too, but unfortunately, I’m quite bad at this “predicting” thing. Currently, I can say it’s 1.2 billion.
What was the best book or series that you’ve ever read?
Well, not a traditional book most business minds look for but it has helped me a lot in life and that’s Moonwalking with Einstein, it’s actually a short read about a gentleman who is a reporter and he goes to a memory competition and is astounded by what people can train their brains to do. It has a few exercises and his journey to win the competition the next year. Obviously, this isn’t a traditional book but because my brain likes to devour knowledge I learned so much more about this and have created a mind palace where I can store anything and remember it now.
What are the best and worst purchases you’ve ever made?
Recently I made a purchase of the Beckham Creek Cave and I think this is one the best purchase so far, I always used to admire it as one of the most inspiring architectural achievement and the feeling that I own it now, is indescribable. If we count on the worst one which I regret most, then I must say it has been a college.
What takes up too much of your time?
Travel, business is a field that asks a lot of traveling and this is that particular thing that consumers too much of my time, sometimes I even have to go through the most awful transportation systems which end up captivating a quite large portion of my precious time.
What three pieces of advice would you give to college students/new startup business owners who want to become entrepreneurs?
1. It’s never going to be the right time to take a leap of faith, you pull the trigger and failure will nip at your heels until one day it’s not.
2. Partnership and Friendship are the assets that could be found at any corner of the world, but choosing the appropriate one is actually you need to focus on. Just do not capture yourself in a particular horizon, keep balancing your life in between diversification and rotation but make sure you should not cross the boundaries of positivity and good will.
3. Lastly, never take things for granted, when meeting an opportunity or bless with moments, enjoy them, avail each and every moment that you are being blessed with. Entrepreneurship is a job that may require your 24 hours, but do not let your loved ones fall from the perspectives of your life, learn to manage.
Tell us about something you are proud of – about your greatest challenge.
The proud factor, in my case, basically falls in the creation of opportunity that I offered to investors, which specifically focuses on non accredited investors and presents them an ideal occasion to invest without holding a fear of money-loss or any failure. I’m proud of myself that I came with this idea and have helped in breaking that cycle and soon I will be establishing another similar fund/program.
How people should connect with you?
As my business demands quite a lot travels so currently my LinkedIn would be best to tie connections.