“The returns of small businesses are, I think the best that are out there." - Travis Jamison
Takeaways
- The returns of small businesses are among the best investment opportunities.
- Investing in small businesses allows for passive income without operational involvement.
- Travis emphasizes the importance of understanding market cycles and risks.
- Service-based businesses have immediate pricing power in inflationary times.
- Investors should be cautious of customer concentration risks in small businesses.
Travis Jamison is a successful multi-time founder turned private market investor. He is the co-founder and managing partner of CapitalPad, a platform that enables accredited investors to invest in small business M&A deals, an asset class that has historically been out of reach for most investors.