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Why Wine Has Become The Newest Asset Class To Produce Big Returns That Investors Can No Longer Ignore | Anthony Zhang
Season 6 Episode 58
In this episode of the Millionaire Mindcast, we have an incredible guest, Anthony Zhang. Today he talks about wine as an exciting investment opportunity, entrepreneurship, and startups, learning lessons he leverages into launching Vinovest, why wine has become the newest asset class to produce big returns, pros and cons, and risks and trends of investing in wine, what are top performing wine investments, and other means of preserving and growing wealth!
Anthony Zhang is a serial entrepreneur, mentor, Angel Investor, Co-founder & CEO at Vinovest, the world’s first platform for investing in fine wine, an asset class that has traditionally only been available to the ultra-wealthy and has outperformed the S&P 500 over the last three decades. He has previously founded and sold two companies, EnvoyNow and KnowYourVC, held leadership positions at Blockfolio, and is a board member at RateMyInvestor.
At a young age, Anthony really wanted to be a business owner. It happened that he dropped out of college to pursue his side hustle business full time. For him, it was some amazing years of learning a ton before it scaled up to 20 markets nationwide. Later, Anthony began to diversify and figure out other places where he will be able to work his money focusing on investing and wealth-building!
Some Questions I Ask:
- Where did your journey start brother?
- How did you go from taking that passion and that idea to an actual business?
- What are the learning lessons from your exit or acquisition of your first business that lead to the growth and success that Vinovest experienced right now?
- What do that process and framework look like for you guys in your own company?
- What is Vinovest, and how does this apply to the retail investor?
- Who is your average investor or customer?
- What are the different options for investing in Vinovest, and what are the mechanics of it?
- What are some average returns that people investing in wine have invested over the last couple of years?
- What are some of the trends that you guys are seeing upsides, and the risk in your space that you are mitigating?
- What are some of your favorite wine investments that you’ve invested in yourself that produce great returns?
- What is the strategy in order to continue to grow and protect investments in the wine space?
- What are some of your wealth-building strategies and the things that you’re focusing on with the current landscape and economy?
- What are your thoughts on the crypto space and where it’s headed over the next 12 to 24 months?
In This Episode, You Will Learn:
- Wine: supply and demand
Connect with Anthony Zhang on:
Email: anthony@vinovest.co
Sponsor Links:
www.athleticgreens.com/mindcast
Published on 3 years, 7 months ago