First-gen entrepreneurs are cautious investors, waiting for the right buyer before committing funds.

The hallmark of self-made entrepreneurs is that they won’t invest until they’ve found a successor to take over.

When hot money floods in, everyone can command high salaries. Why? Because the capital market runs on imagination. The more aggressively you spend, the more investors will shower you with funds. But if you’re tight-fisted, they’ll write you off—they see the hesitation, the lack of confidence, and if you don’t believe in yourself, how can they?