Dan Kanivas-Triple Summit Advisors-The Necessity of Networking

Day Zero Podcast

On this episode we interview Dan Kanivas, Managing Partner and Co-founder of Triple Summit Advisors.

Dan's personal journey took him from high student at Westchester to Wealth Manager in San Francisco. He discusses his background and how that got him to Harvard, and eventually into the Army. Dan was an Army Artillery officer, a process which takes a long time due to the need to understand a wide array of platforms involved. Dan talks about his transition process from taking the GMAT in Baghdad, to failing to make traction during his 10 month gap from out-process to MBA. We discuss the decision to get an MBA, and factors to consider when making that decision. Dan eventually attended Haas School of Business at Berkeley. If he has one big piece of advice as well as one thing that he would redo during the out-process, he would focus his time on networking and improving on networking skills.

On the business side, we discuss the need to understand capitalization and addressable market. Dan recounts his journey from Prudential to Zipline, and eventually starting his own wealth management fund post taking his spouse's advice. From a business lesson standpoint, Dan is a big believer that if you don't truly understand the market you will sell to you, then your odds of failure are high as well as if someone is investing your money, they better have skin in the game. Additionally, we talk about how some business models are tried and true.

Dan's recommended book(s) is: The Intelligent Investor, by Ben Graham, Letters by Warren Buffet, Personal Finance for Dummies by Eric Tyson: Excellent Comprehensive resource, The Richest Man in Babylon.

Best resource to get a better understanding of Business: Wall Street Journal.

We hope you enjoy this episode. You can find Dan on LinkedIn and his company at: http://www.triplesummitadvisors.com/