Chris Sarlo on The Wealth Gap and the Business Side of Life Science
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Chris Sarlo on The Wealth Gap and the Business Side of Life Science
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In this episode of the Life Science Success Podcast my guest is Chris Sarlo. Chris is the founder of Life Science Wealth, a wealth management practice built exclusively for people inside the life science industry, and the author of The Wealth Gap, a book about why success in science so often fails to turn into lasting wealth. He earned a Bachelor of Commerce from McMaster University, became an accredited financial advisor by twenty-four, and has spent his career working with the founders and scientists who move the industry forward.
00:00 Show Introduction
00:30 Meet Chris Sarlo
01:10 Why Life Sciences
03:48 Early Wealth Lessons
07:26 Income vs Net Worth
08:50 Inside Life Science Wealth
09:45 The Wealth Gap Book
13:46 Founder Wealth Planning
17:25 Business Personal Firewall
22:41 Funding and VC Readiness
35:43 Exit Planning and QSBS
40:48 Leadership Inspiration Concerns
48:31 Connect and Closing