Hands On vs. Hands Off: Decoding Owner-Operator and Silent Investor Roles with Taha Afshar

Have you considered becoming an investor? The mindset you need differs significantly from being an operator of the business. One that my guest in this episode, Taha Afshar explores with us. Taha started his journey working in a family-run tea business to then make the shifts needed to diversify their income. He shares his experiences moving to the world of investments. Where he has now successfully acquired and managed multiple businesses. Taha delves into the importance of diversification in investment portfolios, the challenges of navigating the acquisition process, and the strategies for managing acquired businesses. With this approach to investments as a form of diversification Taha has given his family a solid foundation for future growth.   “I had a 115% return in the first year.” – Taha Afshar   Timestamps  01:10 - An introduction to Taha 02:16 - Why Taha decided to diversify 08:47 - How Taha found the first business he bought 12:05 - Taha's experience in the sector he bought 13:32 - Acquisition number 2 18:20 - Does Taha work full time in investments? 20:47 - Getting the systems and processes right 25:20 - Evolving and learning 29:22 - Has investing given Taha what he wanted?   Connect with Taha Afshar:   LinkedIn - https://www.linkedin.com/in/tahaafshar/ X - https://twitter.com/tahaafshar?lang=en-GB   Connect With Julie Wilkinson   LinkedIn - https://www.linkedin.com/in/juliewilkinson-accounting/ Tik Tok – https://www.tiktok.com/@wasolutions YouTube - https://www.youtube.com/channel/UCUvq6gfNoP_4dfIJulL6C6A Facebook - https://www.facebook.com/wilkinsonaccountingsolutions Website - https://wilkinsonaccountingsolutions.co.uk/   Before you go, don’t forget to leave a comment and review if you got something out of this episode!