Investing Takes Capital, Judgment and Dealflow Spearhead

You need to raise money, develop judgment over time and gain access to the right deals.
•  Capital is the hardest or easiest to get—depending on your circumstances
•  Apply the same judgment to investments as you do to yourself
•  Good investors are more pessimistic than good founders
•  Everybody has dealflow—the challenge is getting in the good ones
Transcript: http://blog.spearhead.co/capital-judgment-dealflow