This Week’s Episode:
I’m a high school freshman and I ask my Dad for lunch money. Simple request right? That ask turns into a lesson which ends up teaching me so much and has shaped my orientation around money. I bet you’ve had someone try to instill some financial knowledge and discipline in you too, at some point in your life. However, my guest this week took childhood knowledge above and beyond most, at a young age.
Andrew Abernathey began investing at the age of 13. Thirteen! He saved up $4,000 from a $5-an-hour wage and now, at age 27, has created a company with millions of dollars in assets. (Over $100 million to be exact.) In our conversation, he shares his stories on how he got started and what he found so fascinating about investing. You’ll hear about the 3rd-grade project that helped kick things into overdrive, his biggest mistake when first starting out, the problem he sees others have with investing money, common traits of billionaires we can all emulate, and much more.
What you will learn in this episode:
- Why focus is so important to your investing’s success story
- Why money diversification should come after you build wealth
- How to adopt a big-thinking attitude and limitless mindset
Who is Andrew Abernathey?
Andrew Abernathey is the founder and CEO of Abernathy Holdings Co. (AHC) and began investing in a variety of public securities at the tender age of 13. Ever since getting hooked on finances, he’s held a deep interest in studying billionaires like Warren Buffet and Gary Tharaldson and their approach to investing and mindset.
He’s also had a deep interest in business that’s propelled him into other ventures. Alongside his brother, Andrew founded Abernathey Brothers Farm which has several operations in North Dakota and plants, grows, and harvests thousands of acres of small grains for open market selling. Since the launch of AHC in 2012, he’s shifted that company’s focus to invest in his family’s farming operations and develop class-A self-storage facilities around the country. From the beginning, AHC has beat market returns and grown assets to $100 million.
In addition to his business ventures, Andrew also participates in the non-profit sector. He works with Unseen to fight human trafficking worldwide and believes in the idea of donating money into a self-sustaining system that’ll, as that old saying goes, teach a man to feed himself for a lifetime.
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