Published Dec 6, 2024

How to Build Wealth by Founding Companies and Angel Investing with Jaclyn Johnson

Jaclyn Johnson delves into her dynamic career of founding, selling, and reacquiring Create & Cultivate, sharing her wealth-building strategies in entrepreneurship and angel investing through platforms like Cherub. She also candidly explores the balance between personal ambitions and societal pressures, providing a nuanced perspective on maintaining professional success and personal relationships.
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Episode Highlights

  • Investment Strategies

    Jaclyn Johnson shares her innovative approach to angel investing, emphasizing the importance of identifying opportunities and managing risks. She launched Cherub, a platform that connects angel investors and entrepreneurs using dating app mechanics, which has successfully deployed over $2 million to founders 1. Jaclyn believes that many potential angel investors lack access to deal flow, and Cherub aims to democratize the process by making it more accessible and educational for new investors 2.

    The bet that we're taking at Cherub is that there's actually a lot of angel investors out there that would invest. They just aren't getting deal flow.

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    By streamlining the investment process, Cherub hopes to increase the number of first-time angel investors, particularly among women, as a tool for wealth creation 2.

       

    Successful Exits

    Jaclyn's journey in angel investing has led to several successful exits, significantly impacting her personal wealth. She recounts a notable investment where a $10,000 check in a company valued at $10 million resulted in a seven-figure exit, allowing her to purchase a second home 3. Despite the inherent risks, Jaclyn emphasizes the importance of diversification and investing in companies where she can provide expertise and value 4.

    I have friends who are like, oh, Morpheus, whatever. I'll get that. I'll get this, I'll get that. And they look amazing. And it goes so great. So I'm like, do I?

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    Her experience highlights the potential rewards of angel investing and the importance of balancing risk with strategic investments 4.

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