Peer-to-Peer Groups

Abstract

The authors introduce the concept of peer-to-peer groups as a means of helping a special class of high net worth individuals: entrepreneurs who recently sold their business. They start with the major challenges faced by the recently divested entrepreneur, with a particular focus on the five important changes in perspective through which the investor must proceed. They then discuss the principal benefits of a peer-to-peer group: a confidential environment in which members can explore significant issues, and the trust that they gradually develop in one another. The authors provide specific illustrations of one peer-to-peer group.