Eric Dye, host of Entrepreneurial Podcast Network’s Enterprise Radio, recently interviewed Sanjay Shah, philanthropist and founder of Solo Capital. The interview, held in Dubai, has Shah warning budding entrepreneurs not to underestimate the amount of money that they will need to start their business. He also cautions business owners not to assume that they can do everything by themselves. Always the philanthropist, Shah gets in a plug for his charity, Autism Rocks and the 2016 Autism Rocks Fest.
Shah founded Solo Capital, a boutique brokerage in London, in 2011. With Shah’s background in the financial services industry and his ability to recognize profitable investment opportunities, the firm made Shah a rich man. With assets estimated at $280 million, Shah decided to semi-retire in Dubai with his family. He was the ideal person to interview for a show that inspires entrepreneurs since Shah founded Solo Capital after he was laid off from a job in the financial services industry. After working for Merrill Lynch and Credit Suisse, Shah could have found a position anywhere, however, he took a chance and it paid off handsomely.
After his retirement, Sanjay Shah founded Autism Rocks to further research into autism. Shah found his calling after his youngest son was diagnosed with the condition. Shah had the money to get his son the best therapists; nevertheless, he realized that many parents could not afford to privately pay for their child’s therapy. Shah’s passion for music, ignited when rapper Snoop Dog paid Shah and his family a visit at their villa, gave him an idea. Sanjay Shah realized that he could use music to raise money for autism awareness. Autism Rocks puts on small, exclusive concerts; wealthy donors pay for tickets to see music legends perform.