Millionaires Unveiled

Summary Zach is in his early 30's. He works in the mining industry and has a net worth of over $1.8 million, with a significant portion in tax-advantaged accounts. He started contributing to a Roth IRA at the age of 14 and has been maxing out his contributions ever since. Zachary has aggressively paid off his home mortgage and now owns his home outright. He has a goal of reaching $3 million in invested assets outside of his primary residence by the age of 45. Zachary emphasizes the importance of being intentional with money and treating personal finances like a business. Takeaways *Start investing early and contribute consistently to tax-advantaged accounts like a Roth IRA. *Aggressively pay off debt, such as a mortgage, to achieve financial freedom and peace of mind. *Set clear financial goals and create a plan to achieve them, considering short-term, mid-term, and long-term needs. *Be intentional with money and treat personal finances like a business, making decisions based on long-term financial success. *Consider opportunities in industries like mining, which offer good careers and salaries, and are essential for the global economy. Sound Bites "Start investing early and contribute consistently." "Aggressively pay off debt for financial freedom." "Set clear financial goals and create a plan."

Summary Olin is 40 years old and has a net worth of $13.5 million. It is spread amongst market investments, real estate, cash and his business. He is a digital marketing agency owner and shares his journey of building wealth through various investments. He started his career in digital marketing and eventually started his own business. He became a millionaire in different asset classes at different stages of his life, with real estate being the most recent. Olin's goal is to be financially independent by the age of 50, but he also enjoys the competitive nature of building wealth. He credits his interest in investing to his father, who taught him the value of investing in good companies and holding onto them. In this conversation, Olin Erickson discusses his approach to wealth accumulation and financial planning. He emphasizes the importance of investing in the stock market and diversifying assets. Olin also shares insights on family dynamics and how different individuals have varying financial perspectives. He discusses his target net worth and the balance between distributing profits and reinvesting in the business. Olin highlights the role of travel as a luxury and the enjoyment he derives from helping clients and employees succeed. He concludes with advice for those starting their financial journey: start early, invest in index funds, and avoid overthinking. Sponsored by: Indeed.com/unveiled Shopify.com/unveiled

Summary Tom is 59 years old and has a net worth of $4.0 million. He shares his journey from being an engineer in the Navy to becoming an entrepreneur and investor. He discusses his investment portfolio, which is split between real estate and stocks. Tom emphasizes the importance of investing in oneself and continuously learning and growing. He also talks about the shift in his mindset from focusing on making money to making an impact. Tom shares valuable lessons he learned throughout his career and offers advice for those just starting their journey. www.interviewvalet.com/muv

Summary In this episode, Mark shares his journey to financial independence and early retirement. He retired from law enforcement after 28 years and now works part-time as a civilian investigator. Mark's net worth is over $5 million, with investments in taxable brokerage accounts, IRAs, UTMAs, and 529s. He also receives a pension of $100,000 per year. Mark inherited a large sum of money, which helped him achieve his financial goals. However, his journey was not without challenges, as his wife was diagnosed with stage 4 cancer and passed away around the same time he received his inheritance. Mark has found solace in keeping busy and enjoying life, including purchasing a Porsche and going on vacations. He emphasizes the importance of not taking life for granted and appreciating loved ones. Takeaways Maximizing contributions to retirement accounts and investing early can lead to financial independence. Inheritance can significantly impact one's net worth and financial goals. Life events, such as illness and loss, can change financial plans and priorities. Finding ways to keep busy and enjoy life after retirement is important for mental well-being. Appreciating loved ones and not taking life for granted is a valuable lesson. Sponsored by: Shopify.com/unveiled

Summary Chris is an engineer living in Sydney, Australia, with a net worth of $2.5 million. He has built his wealth through a combination of real estate investments, retirement accounts, cash savings, ETFs, and other investments. Chris started investing in real estate in 2017 and has acquired five properties since then. He also emphasizes the importance of investing in superannuation, a tax-advantaged retirement account in Australia. Chris plans to continue investing in ETFs and other options to diversify his portfolio and achieve his goal of a $5 million net worth and $100,000 in passive income in the next 7 to 10 years. He believes in the power of hard work, skill, and a positive mindset to create wealth. Takeaways *Investing in real estate can be a lucrative way to build wealth *Superannuation is a tax-advantaged retirement account in Australia *Regular saving and investing are key habits for financial success *A positive mindset and hard work are essential for achieving financial goals *Diversification is important for managing risk in investments *Tracking net worth and expenses can help in financial planning *Travel and creating memories are worth the investment *Believe in yourself and your ability to achieve your goals Sound Bites "A part of all I earn is mine to keep." "I developed my formula which was, I named it as SETFIP, SETFIP. S stands for the superannuation, then it's ETF and IP is the investment property." "A part of all your time is yours to keep." Sponsored by: Prizepicks.com/millionaire

Summary Dan is 73 and has a net worth of $37 million. Most of it is in private equity including his business but does have some cash, some investements in the market and some real estate. He shares his background growing up in a large family where all of his siblings became millionaires and how his father's work ethic influenced his success. He went on to become a Navy pilot and later started his own companies. He experienced both successes and challenges, including a recession that led to the loss of his business. He then shifted his focus to investing in private companies, including PlantSnap, an app for plant recognition. The app has seen significant growth and is valued at five times its 12-month sales. Dan shares his journey of building a successful scaffold company and making smart investments. He took in $4 million in outside capital when his company was already successful, allowing him to expand and grow even more. Eventually, he bought back the company from the investors for a fraction of its value. Dan emphasizes the importance of focusing on profitability and maximizing distribution to investors. He has diversified his investments and built a family office with his siblings. Dan plans to retire and is preparing for his ultimate exit by saving and investing in other companies. Sound Bites "My dad never earned over minimum wage. He always had side hustles... His motto was, a job worth doing is worth doing well." "I started my first company manufacturing a housewares product... On the third day, they hired me as an engineering specialist." "I bought the scaffold company and that was 36 years ago. And I'm still involved with that company." "Wow, that's amazing." "We'll take your company from $15 million to many times that." "You bought your company back for pennies on the dollar." Sponsored by Shopify.com/millionaire Prizepicks.com/millionaire

Summary Lawrence is in his early 40's and works as a federal auditor. He shares his journey from having over $150,000 in debt in 2014 to a net worth of $1.3 million. He started by utilizing tax-advantaged accounts like 401(k)s and HSAs to lower his tax liability and increase his refund. Lawrence also focused on reducing his expenses, particularly food costs, and separating happiness from spending money. His goal is to retire with a net worth of around $6 million, travel the world, and give back to others to help them achieve financial security. He discusses his strategies for saving and investing, including maxing out his retirement accounts and utilizing an HSA as an investment vehicle. Lawrence emphasizes the importance of having a supportive spouse and open communication about finances. He also talks about his plans for the future, including reaching a net worth of $2 million and considering early retirement. Sponsored by: Indeed.com/unveiled

Summary Tim has a net worth of $2.0+ million. He started his career in finance, starting a hedge fund in his early 20s that grew to over $350 million in equity. He transitioned into technology and fitness, building a successful gym franchise. He then joined GymLaunch and helped grow it into a multi-million dollar business. Tim is in his early 40's and is now an investor, consultant, and coach, helping small business owners unlock value in their businesses. He believes in the infinite banking concept and focuses on cashflow and tax mitigation. Tim's journey showcases his entrepreneurial spirit and ability to adapt to different industries. Tim became a millionaire at the age of 24 and has maintained a seven or eight-figure net worth since then. He achieved this through his successful hedge fund business and strategic investments. Tim emphasizes the importance of hard work, taking calculated risks, and having a strong mindset. He believes that financial freedom comes when investment income exceeds monthly expenses. Tim also shares his experiences with expensive purchases, lessons learned from childhood, and his changing beliefs about success. Sponsored by: Shopify Shopfiy.com/unveiled

Summary Noah has a net worth of $193 million. Most is in his company but he does have several million in cash, market investments, real estate and some crypto. He is a successful entrepreneur and founder of AppSumo. Noah shares his journey from working at Intel and Facebook to building his own businesses, discussing his net worth, investment strategies, and the importance of entrepreneurship. He emphasizes the significance of enjoying wealth, the philosophy of active versus passive income, and the lessons learned throughout his career. Noah also reflects on his lifestyle changes, future goals, and the importance of asking for what you want in life. Sponsored by: Indeed. Need to Hire? You Need Indeed. Indeed.com/unveiled

Summary Josh is a newly minted millionaire with a net worth of $1.05 million. He shares his journey from the Marine Corps to working in finance and investing. He discusses his background, his financial milestones, and his evolving investment strategy. Josh emphasizes the importance of financial freedom and the need to constantly evolve and adapt in the world of investing. He also shares his perspective on wealth and the value of time. Josh's story highlights the power of perseverance, self-education, and taking calculated risks. Takeaways Financial freedom is a powerful motivator and can lead to a fulfilling and successful career in finance and investing. Taking calculated risks and constantly evolving your investment strategy can lead to significant financial growth. Wealth is relative, and it's important to define your own financial goals and priorities. Money is a tool that should be used to create freedom and enjoyment in life, rather than being possessed by it. Integrity and genuine relationships are key to success in both personal and financial endeavors.

Summary Riggs has a net worth of $14.5 million. He is in his early 70's. He is currently the CEO of OriginClear, a water treatment company. He shares his journey from working in the nonprofit sector to becoming a startup CEO and eventually leading a company to the NASDAQ. Riggs talks about the challenges and successes he has faced in the industrial water space and the innovative solutions his company is providing. He emphasizes the importance of perseverance and the desire to make a positive impact in the world. Riggs discusses the company's focus on retail fundraising from accredited investors and their plans to help launch future companies. He emphasizes the importance of having a hot idea with differentiation, strong organizational development, and a path to financial success. Eckelberry also highlights the need to provide investment opportunities for both accredited and unaccredited investors. In the rapid-fire questions segment, he shares anecdotes about his first job, expensive purchases, and changing beliefs about Russia.

Summary Ryan and Haley, a married couple in the entertainment industry, share their journey to becoming millionaires. They met at work and have been working in video production and editing. They currently have a net worth of just over $1 million, with the majority of their investments in retirement accounts and a brokerage account. They have also recently purchased land and have equity in their primary home. They have been contributing to Roth IRAs since their 20s and have seen significant growth in their investments. They plan to continue contributing to their 401ks and brokerage account, and they also have an HSA. Their goal is to reach a net worth of around $3-3.5 million and retire early. Ryan and Haley share their financial journey and mindset, highlighting their frugal habits and focus on experiences over material possessions. They discuss the influence of their parents on their financial habits and the importance of having a partner with similar financial values. They also talk about their most expensive purchases, trips, and meals, as well as their changing financial habits as they strive to reach their goals. Takeaways *Meeting at work and pursuing careers in the entertainment industry *Significant growth in investments through Roth IRAs and retirement accounts *Diversifying investments with a brokerage account and HSA *Goal of reaching a net worth of $3-3.5 million and retiring early Having a partner with similar financial values can make a big difference in achieving financial goals. *Experiences and relationships are more important than material possessions. *Hard work and a focus on goals can lead to financial success. *It's important to be mindful of spending habits and avoid wasting money on unnecessary purchases. *Investing early and consistently can have a significant impact on long-term financial growth. Keywords millionaires, entertainment industry, video production, editing, net worth, investments, retirement accounts, Roth IRAs, growth, 401ks, brokerage account, HSA, early retirement, financial journey, frugal habits, experiences over possessions, parental influence, partner with similar values, expensive purchases, expensive trips, changing financial habits

Summary Byron has a net worth of around $15 million. He is a fractional CFO and CPA and has his own firm but invests heavily in small and private businesses. He emphasizes the importance of understanding numbers in running a business and the value of tax strategy. He prefers investing in businesses where he can partner with people who have complementary skills. He tells the story of what lead him to federal prison in college and the journey he took to get out and redeem himself. Byron has had both successful and failed investments, but he believes that failures don't define an investor or entrepreneur. He envisions becoming an angel investor and investing in people and ideas that he believes in. Byron shares his favorite brands and experiences, including his love for Bentley Continental and overwater bungalows. He also talks about his first job mowing lawns and a crazy money-making scheme he had in college. Byron reflects on his journey to becoming a millionaire and the lessons he learned along the way. He emphasizes the importance of embracing failure and the value of partnerships. Byron's advice for those starting out is to expect failure and to cultivate strong friendships.

Summary Jordan, a realtor and investor, shares his experience of losing a significant portion of his net worth due to a market correction and interest rate adjustments in Canada. He was at $2.2 million just a few months ago and went to -0- effectively overnight. He discusses the impact on his real estate portfolio and the challenges he faced in liquidating properties. Jordan reflects on the lessons he learned from the experience and how he would restructure his wealth in the future. He also provides insights into the real estate market and commissions in Canada compared to the United States. He discusses the investment mistakes he made and the lessons he learned from them. Jordan also talks about how his family's lifestyle has changed and adjusted after losing their wealth. He shares his plans for moving forward and rebuilding his financial situation. The conversation concludes with rapid-fire questions about Jordan's past experiences with money and his advice for beginners.

Summary James is a retired law enforcement employee. He has a net worth of $2.8 million that includes his pension. He shares his journey to becoming a millionaire and retiring early at the age of 49. He emphasizes the importance of starting early and investing consistently over time. James discusses his investment strategy, including the use of retirement accounts and the power of compound interest. He also shares his experiences with spending and the choices that financial independence has afforded him. James offers advice for young people starting their financial journey, encouraging them to work hard and start investing as early as possible. He never made more than ~65k.

Summary In this episode, Andrew shares his journey to a net worth of $1.1 million. He discusses his investment strategy, including dollar-cost averaging and index funds. Andrew also talks about his approach to handling taxes and the breakdown of his net worth, which includes home equity and a taxable brokerage account. He emphasizes the importance of tracking progress and setting financial goals. Andrew shares his perspective on financial freedom and retirement, as well as the role of his spouse in his financial journey. He offers advice for beginners, including the importance of financial education and learning from successful individuals.

Summary Cori has a net worth of $1.3 million. It is spread across various asset classes and included a primary resisdence and a vacation home. She works in finance and plans to retire with her current company. She and her partner keep their finances separate. She shares her journey of paying off an ernormous amount of debt. One of the turning points for her was when she realized more than 1/3 of her take home pay was going to pay interest payments. One of her big goals is to retire early. Sponsored by Shopify.com/unveiled

Summary In this episode, Mark shares his journey from starting a business to building a successful real estate portfolio. He has a net worth of $6.0+ million. Most is in paid for real estate now between his personal residence and several paid for rentals. He does have some money in the market and in cash. He doesn't have any debt. He emphasizes the importance of hard work, common sense, and surrounding yourself with good people. Mark discusses his transition from business ownership to real estate investments and the mindset shift that came with it. He shares his goals of reaching a net worth of $10 million and scaling his real estate portfolio. Mark also offers advice for beginners, including the importance of investing early and seeking financial education.

Summary Chris has a net worth of $3.3 million. It is split between real estate and his business. He shares his journey from financial struggles to becoming a millionaire and achieving financial freedom. He teaches people how to become work optional and focuses on generating passive income. Chris emphasizes the importance of shifting from an accumulation mindset to an acceleration mindset. He discusses his real estate investments and the impact of the recession on his financial situation. He was nearly bankrupt and had to dig out of $1 million in debt. Despite facing challenges, Chris bounced back and rebuilt his wealth. He shares the mindset shift that propelled him towards success and the strategies he implemented to generate multiple income streams. In this conversation, Chris shares his insights on balancing lifestyle and building net worth, finding purpose and drive, and living with purpose while blessing others. He emphasizes the importance of mindset shift for building wealth and the need to create multiple streams of income. Chris also discusses the balance between safe investments and alternative investing. He shares his personal financial goals and highlights the importance of giving and charitable donations. He concludes with advice for beginners, emphasizing the importance of creating value for others and finding fulfillment in serving.

Summary In this episode, Jackie shares her journey from poverty to financial independence and early retirement. She originally appeared on the show on episode 149 with a net worth of $1.3 million. Today she's retired and has a net worth of $1.8 million. She discusses the importance of financial literacy and education, and how she became passionate about teaching others. Jackie also talks about her net worth growth since retiring and her investment allocation. She shares her experiences working at the voting polls during the 2020 presidential election and the significance of $2 bills in her life. Jackie emphasizes the importance of being transparent about money and the impact it can have on others. In this conversation, Jackie discusses her changing perspective on net worth and investments, unexpected expenses and renovations, regrets and lessons learned, spending on experiences, final advice and reflections, and her upcoming projects and podcast.

Summary Chris has a net worth of $1+ million. Most of it is in real estate but it wasn't always that way. He is a former corporate employee turned real estate investor. He discusses his transition from single-family houses to multifamily investing and the growth of his net worth. Chris emphasizes the importance of diversifying income streams and leveraging retirement accounts for real estate investments. He also highlights the benefits of using HSAs and ESAs for alternative investments. Chris shares his lifestyle balance and future plans, including potential involvement in development projects. Lastly, he discusses his unique approach to teaching financial literacy to his children. In this conversation, Chris shares insights and experiences related to vacations, life lessons, money, and personal growth. He talks about his vacation on the Island of Lanai and the lessons he learned from childhood. Chris also discusses his bucket list experience and the craziest thing he did to earn money. He reflects on the dumbest thing he wasted money on and shares his favorite triathlon. He concludes by offering freebies for listeners.

Summary In this episode, CJ shares his background and current net worth of $2.6 million. He discusses his asset allocation, with the majority of his investments in retirement accounts, property, taxable brokerage, and cash. CJ explains that he primarily invests in index funds and shares his journey from individual stock picking to becoming a lazy investor. He talks about making his first investment a couple of years after college and being inspired by successful colleagues. CJ also mentions his early savings habits and the importance of financial literacy. Sponsored by: www.shopify.com/unveiled

Summary Charles, a military reservist and pharmaceutical representative, shares his financial journey and insights. His net worth is $5.3 million and he is in his early 60's. He has a primary residence worth about $1.4 million and retirement accounts that are $2.9 million plus a pension that is valued around $1.0 million. Charles and his wife have flipped multiple personal residences over the years, allowing them to build wealth. They also prioritize contributing to retirement accounts and have achieved a million-dollar net worth through their 401(k)s and IRAs. Charles emphasizes the importance of financial education and teaching his children about money management. He also highlights the value of gratitude, generosity, and taking care of one's health. Charles offers advice for young investors, encouraging them to start early and stay the course.

Summary In this episode, the Cash Flow King shares his journey from working in the consumer packaged goods industry to becoming a financial advisor. He has a net worth of $2.0 Million and is 39 years old. He discusses his net worth, investment portfolio, and the shift in his investment strategy. He also delves into the concept of turnkey rentals and the challenges of growing his real estate portfolio. The conversation covers the journey to financial independence, wealth building, lifestyle changes, and the balance between enjoying the present and planning for the future. It also delves into the role of debt, lessons from childhood, and advice for those starting out. The guest shares insights on his personal finance podcast and the concept of cashflow. This is not Matthew Motil - The pseudonym is the same but it is a different individual. Sponsored by: www.shopify.com/unveiled

Summary DJ Bander, a musician, music producer, and entrepreneur, shares his journey of building wealth through a combination of real estate, music, and finance. He discusses his background in finance, political science, and music, and how these disciplines have influenced his career. DJ Bander currently has a net worth of approximately 8.1 million, with investments in commercial real estate, industrial properties, a marketing agency, and stocks. He prefers to rent his primary residence and focuses on investment properties. DJ Bander emphasizes the importance of living below your means, reinvesting capital, and building passive income through bonds and rental properties. DJ Bander shares his journey to becoming a millionaire and offers advice for success. He started by working as a brand ambassador and gradually built his resume and network in the music industry. He reinvested his earnings into his brand and used social media ads to grow his following. DJ Bander emphasizes the importance of hard work and grinding it out, rather than relying on a single big hit. He became a millionaire in his late twenties through real estate investments and his engineering and music production businesses. He plans to scale his marketing agency, expand into different investment areas, and help others build wealth.

Summary Brian Preston, co-host of the Money Guy Show, has a net wroth of $10+ million. He discusses his journey to financial success and the mindset shifts that have occurred along the way. He shares his goals of reaching a net worth of $1 million by age 30 and $10 million by age 50, and how he missed those goals by a year. Preston emphasizes the importance of mindset and the why behind financial goals, as well as the impact of giving back and creating a positive influence. He also discusses his book, 'The Millionaire Mission,' which provides a step-by-step guide to achieving financial success.

Summary Sarah, a teacher, shares her journey to becoming a millionaire and her financial mindset. She has a current net worth of $1.1 million spread across various investement. She grew up in a wealthy area but her family struggled financially. Sarah and her husband have separate finances and believe in maintaining equality and ownership. They prioritize security and living below their means. Sarah has a side hustle as a financial coach and tutor. She values small daily expenses that bring her happiness. Sarah's advice is to take the first step on your financial journey and start small.

Summary James has a net worth of $2 million. He is in his 50's and plans to retire in a couple of years. Most of his wealth is invested in the market via his 401(k). He has worked for the same Fortune 500 company most of his life. It tooks him 25 years to get to the first million and 5 years to get to the 2nd million. They took a slow and steady approach to wealth building, primarily through their 401(k)s and home equity. James emphasizes the importance of having a shared vision with your partner and making financial decisions that align with your values. He also discusses the role of pensions in their retirement plan and the lifestyle changes they made along the way. James encourages others to start saving early and not to rely too heavily on financial experts, as no one has all the answers.

Summary Eric is a real estate investor with a net worth of $6.5 million. He is in his mid 40's and shares his journey from being an empty nester to building a successful real estate portfolio. He started investing in real estate after reading Rich Dad Poor Dad and gradually grew his portfolio over the past 18 years. Eric primarily invests in single-family properties, with a total of 55 houses and a 10-unit apartment building. He leveraged low interest rates to grow his portfolio and currently has a 50% loan-to-value ratio. Eric is now transitioning to more passive investments, such as real estate syndications, to enjoy a more hands-off approach and focus on lifestyle.

Anmol is an immigrant and has a net worth of $5 million. Most of it is in the market (About 70%) and most of the remainder in real estate. He is in his early/mid 30's. He became a millionaire in his 20's and it only took him a little over a year to get his 2nd million. He is a trader by profession.

Summary Scott has a net worth of $10 million. He first appeard on the show back on episode 76 almost exactly 5 years ago when his net worth was around $7 million. He has all of his net worth in his business, real estate and crypto. He is a business owner, an attorney, an entrepreneur, and a real estate investor. He shares his journey to finding true wealth and happiness. He discusses how acquiring more things and wealth led to anxiety and a lack of enjoyment in the present moment. Through experiences like ayahuasca retreats and studying CREA yoga, Scott learned to prioritize peace and doing what he truly wants. He emphasizes the importance of controlling the mind and emotions to experience deeper levels of peace and love. Scott also talks about his asset allocation strategy, including investments in real estate, algorithmic trading, and cryptocurrency. In this conversation, Scott shares his insights on wealth building and asset protection. He emphasizes the importance of clarity in defining one's goals and treating wealth building as a business. He also discusses the need for asset protection strategies, such as using LLCs and living trusts, and optimizing portfolio returns through tax strategies. As wealth scales from seven to eight figures, he recommends using private foundations and investing in CFO-level services. Scott also shares personal experiences, including expensive meals and transformative moments in the jungle. He advises listeners to surround themselves with successful people and ask thoughtful questions.

Summary Chris has a net worth of $15 million. Most of is in real estate with a little bit in cash. He is 57 years old and has 33 years of experience in real estate and has been involved in various aspects of the industry, including building, brokerage, condominium conversions, and new construction. After the 2008 crash, he shifted his focus to creative financing and developed the three-payday system, which allows him to get paid multiple times on each deal. He primarily uses owner financing, subject-to deals, and lease purchases to acquire properties. Chris emphasizes the importance of mentorship and ongoing training in his business, and he believes that leaders and training are key to growing a successful company. Chris shares his experience running a family business and offers advice for those considering it. He emphasizes the importance of having a mission and values that everyone in the company agrees on, which helps reduce conflicts and decision-making challenges. Chris also discusses his future goals, which include creating experiences and enjoying time with his family. He shares the most fun he's had with money, which is achieving his 30-year goal of building a home in the mountains. Chris also talks about the financial habits he's changed over the years, such as focusing on improving cash position and allocating money to real estate and the company. He highlights the significance of surrounding oneself with the right people and the impact it can have on personal and professional growth.

Summary Dividend Daddy has a net worth of $2+ million. He shares his journey to financial independence and his investment strategies. He discusses his real estate holdings, including his mortgage-free primary home and investment properties with mortgages. Dividend Daddy explains the reasons behind paying off his primary home early, including the limited mortgage options in Canada. He also talks about his transition from index investing to a hybrid approach, focusing on dividend-paying stocks in Canada. Dividend Daddy plans to live off his dividend income and contract work, allowing him the flexibility to travel and live life on his own terms. The principal theme of the conversation is Dividend Daddy's plans for his next phase of life, which involve traveling and working remotely. He wants to explore different parts of the world, particularly Europe, South America, and Asia, and spend more time in warm climates. Dividend Daddy is not interested in owning a car and prefers to use public transportation, walk, or cycle. He learned the importance of saving money from his grandfather, who emphasized paying with cash and avoiding debt. Dividend Daddy became a millionaire around the age of 35, but he didn't track his net worth closely. He has recently shifted from index investing to a hybrid approach that includes dividend investing. His advice to younger investors is to start early and keep expenses low. Takeaways *Dividend Daddy has a net worth in the multi-millions, with investments in the stock market and real estate. *He paid off his primary home early due to the limited mortgage options in Canada and the peace of mind it provided. *Dividend Daddy focuses on dividend-paying stocks in Canada, particularly in stable industries like banking and telecommunications. *He plans to live off his dividend income and contract work, allowing him the freedom to travel and live a location-independent lifestyle. Dividend Daddy plans to travel and work remotely in different parts of the world for his next phase of life. *He prefers to use public transportation, walk, or cycle instead of owning a car. *Dividend Daddy became a millionaire around the age of 35, but he didn't track his net worth closely. *He has recently shifted from index investing to a hybrid approach that includes dividend investing. *His advice to younger investors is to start early and keep expenses low. @DividendDaddy1

Summary In this episode, Chase has a net worth of $350+ million. Most is in private companies. He sold one of his largest ventures for hundreds of millions. He shares his journey in the payments industry and his approach to investments. He discusses his preference for liquidity and his investment strategy, which includes investing in private companies, stocks, and cryptocurrency. Chase also talks about his decision to rent instead of owning real estate and his focus on building and starting new companies. He shares the impact of a life-changing event on his perspective and his mission to change the charitable giving landscape. Chase emphasizes the importance of transparency in charitable giving and his goal to help a billion people through his new company, Wishes.

Summary In this episode, Chris and Jen, a military family with a net worth of over $5 million, discuss their journey to financial success. With their pensions they have a net worth over $9 million. They share how their parents taught them about money and the importance of investing. Their children also talk about their experiences with cash flow and investing. Chris and Jen explain their investment strategies, including buying and holding stocks and diversifying their portfolio. They discuss their favorite stocks and alternative investments, such as real estate and cryptocurrency. The couple also shares their approach to retirement accounts and making investment decisions together. In this conversation, Chris and Jen discuss their financial journey, including their experiences with investing, taking risks, and teaching their children about money. They share their goals for the future, such as starting a consulting business, and discuss the importance of financial literacy and early investing. They also talk about their financial milestones, including becoming millionaires and changing their spending habits. They offer advice for beginners, emphasizing the value of starting early and being resourceful with money. Takeaways *Teaching children about money and investing from a young age can set them up for financial success in the future. *Playing games like Cashflow and Monopoly can help children learn about saving, investing, and real estate. *Starting to invest in the stock market at a young age can lead to long-term wealth accumulation. *Diversifying investments and exploring alternative options, such as real estate and cryptocurrency, can provide additional opportunities for growth. Taking calculated risks and learning from failures is an important part of investing. *Setting clear goals and planning for the future can help guide financial decisions. *Teaching children about investing and involving them in financial discussions can help instill good money habits. *Investing in small businesses and exploring alternative investment opportunities can be part of a diversified portfolio. *Becoming a millionaire requires discipline, hard work, and smart financial choices. *Using credit cards strategically and taking advantage of military benefits can help maximize financial opportunities. *Starting early and being resourceful with money are key factors in building long-term wealth.

Summary Damon has a net worth of $12.5+ million. He is the founder of a successful marketing agency. He shares his journey from starting a car enthusiast website to becoming an entrepreneur. He discusses the importance of taking calculated risks and betting on oneself. Damon also talks about the value of real-world experience and mentorship in entrepreneurship, highlighting the limitations of traditional education. He emphasizes the need for entrepreneurs to find their passion and encourages his employees to pursue their own entrepreneurial goals. Damon shares his approach to asset allocation, including his investments in real estate and whole life insurance. He also discusses the balance between taking cash home and reinvesting in the business. In this conversation, Damon discusses his journey as an entrepreneur and the importance of prioritizing personal health. He shares insights into the benefits of whole life insurance and how it can serve as a retirement account. Damon also talks about the process of rediscovering personal interests and the impact it has on overall well-being. He highlights the unique selling points of his agency, emphasizing the importance of data analysis and documented processes. The conversation concludes with rapid-fire questions about Damon's experiences with money and his advice for aspiring entrepreneurs. Takeaways *Taking calculated risks and betting on oneself can lead to entrepreneurial success. *Real-world experience and mentorship are valuable in entrepreneurship, often surpassing the benefits of traditional education. *Encouraging employees to pursue their entrepreneurial goals can lead to a more loyal and productive team. *Diversifying asset allocation, including investments in real estate and whole life insurance, can contribute to long-term financial stability. Prioritizing personal health is crucial for long-term success and overall well-being. *Whole life insurance can serve as a retirement account and provide multiple benefits, including a death benefit, cash value, and the ability to withdraw funds. *Rediscovering personal interests outside of work and family is essential for personal growth and fulfillment. *Data analysis and documented processes are key factors that set Damon's agency apart from competitors.

Summary Ben has a net worth of $1+ million. In this episode, Ben shares his background and current ventures, including running a marketing company and investing in mining. He discusses his net worth and asset allocation, highlighting his shift from real estate to business investments. Ben also explains his journey in real estate investing, from renovations to subdivisions and small developments. He shares his transition to business and the importance of return on cash. Lastly, Ben talks about his unique investment in mines and his future goal of reaching a net worth of $10 million. In this conversation, Ben shares his passion for financial freedom and making an impact. He discusses his goals of achieving $10 million in liquid assets and helping young entrepreneurs through his business, Youth in Business. Benjamin also explores the psychological significance of the $10 million milestone and the importance of measuring impact. He shares his experiences with expensive purchases and the most fun he's had with money. Benjamin reflects on lessons from his childhood and the craziest things he's done to earn money. He discusses how his financial habits have changed since becoming a millionaire and shares a closely held belief that he recently changed. Finally, Benjamin offers advice for beginners, emphasizing the importance of learning to sell and embracing mistakes. Takeaways *Ben has a diverse background in running a marketing company, investing in real estate, and mining. *He emphasizes the importance of asset allocation and the need to spread investments across different strategies. *Ben shares his journey in real estate investing, from renovations to subdivisions and small developments. *He highlights the significance of return on cash and the potential for higher returns in business investments. Passion for financial freedom and making an impact drives Benjamin Jones. *His goals include achieving $10 million in liquid assets and helping young entrepreneurs through Youth in Business. *The $10 million milestone holds psychological significance as the next logical goal. Measuring impact is important, and Benjamin aims to help 100,000 young entrepreneurs next year. *Benjamin shares experiences with expensive purchases and the most fun he's had with money. Lessons from childhood include the value of hard work and the importance of learning to sell. *Benjamin reflects on the craziest things he's done to earn money and the financial habits he's changed since becoming a millionaire. *He recently changed his closely held belief that more people on a project lead to better results. *Advice for beginners includes learning to sell and embracing mistakes.

Summary David has a net worth of $17 million. Most is in his company but he does have over $1 million in real estate, some cars and cash. He shares his journey from being an engineer to becoming financially free through real estate investments and the creation of a software company. David also talks about his spending habits and the lifestyle changes he made after achieving financial freedom. He shares his decision to leave his job and the challenges he faced in transitioning to entrepreneurship. David emphasizes the importance of buying great real estate deals and managing properties himself. H e also discusses his plans for the future and managing risk in his investments. In this conversation, David Lecko shares his journey of managing finances, building personal wealth, and making luxury purchases like cars. He discusses his passion for racing and how it has become a meaningful hobby for him. David also talks about how his lifestyle changed over time and the challenges he faced in managing his spending habits. He expresses his love for Austin and the vibrant entrepreneurial community it offers. Finally, he shares advice for beginners, emphasizing the importance of reverse engineering a proven business model. Takeaways Financial freedom can be achieved by investing in real estate and creating passive income streams. Buying great real estate deals and managing properties yourself can be a successful investment strategy. Transitioning from a W2 job to entrepreneurship requires careful planning and a willingness to take risks. Managing risk in investments can be done by buying properties with good cash flow and focusing on a specific geographic area. Take control of your finances and pay yourself what you deserve for taking the risk to start a business. Find a meaningful hobby that requires you to be fully present and pushes you out of your comfort zone. Be mindful of your spending habits and make conscious decisions about luxury purchases. Build a community of like-minded entrepreneurs who understand and support your journey. Reverse engineer a proven business model to increase your chances of success.

Summary Sophia is a second generation immigrant. She has a net worth of $1.2 million divided between multiple asset classes. She is a traveling Nurse Practitioner in her mid 30's and has had quite the financial journey. Takeaways -Traveling for work can bring a lot of financial benefits -Working in a job you love will help set you up for financial success Sponsored by: shopify.com/unveiled

Summary Johnson, a former software engineer, has a net worth of $1.2 million. He has all of his net worth in the market in a few different accounts. He doesn't like the idea of having real estate to manage or a business to manage. He is a nomad and traveling the world at the moment and has been for the last few years. He left over $1 million on the table after leaving his job to travel the world. Takeaways -Living abroad can stretch your dollar farther -Work without purpose can get boring and monotonous -Investments have continued to grow at a rate greater than withdrawal

Summary Jerome Myers, a corporate America dropout, has a net worth of $1.0+ million. He has an old 401k and some other market investments but is primarily in real estate now. He shares his journey of leaving his job and starting a successful real estate business. He discusses the challenges and lessons he learned along the way, including the importance of having a stable income and the risks of being too aggressive in real estate. Jerome also shares his goals of reaching a net worth of $10 million and giving back through education and supporting teen moms. He emphasizes the value of creating experiences and spending money on what truly matters, rather than trying to impress others. Overall, Jerome's story is one of perseverance, growth, and the pursuit of work optional lifestyle. Takeaways -Leaving corporate America and starting a real estate business can be a challenging transition, but with proper planning and a stable income, it can lead to success. -Being too aggressive in real estate can be risky, and it's important to have a long-term perspective and the ability to ride out market downturns. -Setting financial goals, such as reaching a net worth of $10 million, can provide motivation and a sense of purpose in building wealth. -Giving back and supporting causes that are important to you can bring fulfillment and make a positive impact on the world. -Spending money on experiences and creating memories with loved ones is often more valuable than material possessions or trying to impress others. Sponsored by: Shopify www.shopify.com/unveiled for your exclusive deal

Summary Jarrett has a net worth of $1.3 million. He shares his journey to becoming a millionaire while working as a power engineer in the oil industry. He discusses his net worth, which is primarily invested in the stock market and real estate. Jarett also talks about his side ventures in real estate and selling life insurance. He shares his financial goals, including providing financial security for his family and eventually transitioning away from his main job. Jarett emphasizes the importance of hard work, financial education, and reaching out to mentors for guidance. He also highlights the need to start early and not compare oneself to others. Jarret, a millionaire before the age of 30, shares his journey to financial success and offers insights into real estate investments, entrepreneurship, and personal development. Takeaways Hard work and financial education are key to building wealth. Investing in the stock market and real estate can provide significant returns. Having multiple streams of income, such as side ventures, can help increase wealth. Setting financial goals and having a plan is crucial for long-term success. It's important to surround yourself with mentors and seek guidance from experienced individuals. Starting early and being consistent with saving and investing can lead to financial independence. Avoid comparing yourself to others and focus on your own financial journey. Developing a strong financial mindset is crucial for achieving financial success. Real estate investments can be a lucrative avenue for building wealth. Entrepreneurship requires perseverance, adaptability, and a willingness to take risks. Personal development and mindset play a significant role in achieving success in all areas of life.

Summary Shawn DiMartile has a net worth of $3.5 million. All of it is in real estate. He is in his mid 30's. He shares his journey from being an air traffic controller to building a real estate portfolio worth millions. He discusses the importance of liquidity in real estate investing and the decision to liquidate his 401k to invest in real estate. Shawn explains the benefits of real estate investing over traditional retirement accounts and the strategies he used to achieve his first million. He also discusses the challenges and opportunities in the Airbnb market and the impact of regulation on the business model. Overall, Shawn emphasizes the importance of education, partnerships, and creativity in real estate investing. In this conversation, Shawn DiMartile shares his experience with property management and automation, rapid-fire questions, lessons from childhood, early jobs and money, changing beliefs and future goals, financial habits as a millionaire, and advice for beginners. Takeaways *Real estate investing can provide greater cash flow and wealth-building opportunities compared to traditional retirement accounts. *Having liquidity is crucial in real estate investing, both for meeting bank requirements and for handling unexpected expenses. *Partnering with experienced investors and mentors can provide valuable guidance and increase confidence in real estate investing. *Investing in properties outside of high-cost areas like California can offer better returns and growth opportunities. *The Airbnb market is becoming more competitive, and success requires investing in unique properties and providing exceptional amenities. *Regulation can impact the Airbnb business model, and investors need to stay informed and adapt to changing regulations. Automating systems can help manage properties efficiently and reduce the need for property managers. *Having a strong work ethic can contribute to success in real estate investing. *Frugality and delayed gratification can lead to long-term financial goals. *Real estate investing takes time, patience, and learning from mistakes. *Consistency and proven methods can lead to results in investing. Connect with Shawn on Instagram (@shawn_dimartile) Sponsored by: Shopify Visit shopify.com/unveiled for your exclusive $1 per month trial period

Summary Brian, an enterprise sales professional, shares his journey to building a net worth of $1.8 million. He discusses his investment allocation, which includes retirement accounts, brokerage accounts, syndications, and startup companies. Brian emphasizes the importance of diversification and the benefits of investing in alternative assets. He also talks about his late start to investing and the lessons he learned along the way. Brian shares his financial goals, including his plan to retire at 55 with a net worth of $4 million. He discusses his strategy for Roth conversions and the importance of teaching kids about building wealth. The conversation concludes with rapid-fire questions about Brian's experiences with money. In this conversation, Brian discusses the importance of valuing experiences over material possessions. He emphasizes the joy and memories that come from traveling and spending time with family. Brian also shares a change in his belief about spending money, realizing the importance of enjoying life now rather than waiting for the future. He talks about his financial habits, including being cautious about his finances and checking them frequently. Finally, Brian offers advice for beginners, encouraging them to keep their financial plans simple, invest consistently, and avoid making frequent changes. Takeaways Focus on experiences and travel, as they create lasting memories and joy. Reevaluate beliefs about spending money and consider enjoying life now rather than waiting for the future. Be cautious about finances and check them regularly to protect against fraud or unexpected events. For beginners, keep financial plans simple, invest consistently, and avoid frequent changes.

Summary Carlos - The Sequel shares his journey as a serial entrepreneur and his transition to real estate and commercial properties. He discusses the mindset shifts required to scale from six figures to seven figures and beyond. Carlos emphasizes the importance of continuous learning and investing in oneself. He also talks about the significance of giving back and teaching kids about money. Carlos shares his strategies for living below his means and splurging on experiences rather than material possessions. He invites listeners to join his weekly Zoom sessions and connect with him on social media.

Summary Carlos has a net worth of $51 million. He shares his journey from starting businesses to building a large real estate portfolio. He discusses his transition from business to real estate and the impact it has had on his net worth. Carlos emphasizes the importance of problem-solving skills and finding solutions to create successful businesses. He also highlights the role of asset managers in managing properties in different states. Additionally, Carlos shares his experience of starting a mountain biking magazine at a young age. Takeaways Transitioning from business to real estate can provide significant opportunities for growth in net worth. Problem-solving skills and finding solutions are crucial for building successful businesses. Asset managers play a vital role in managing properties in different states. Starting a business that solves a problem can lead to success and growth. Diversifying investments and leveraging other people's money can accelerate wealth creation. Sponsored by Shopify www.shopify.com/unveiled

Summary Rayne shares her journey of house hacking and building a net worth of $2.1 million through real estate investments. She started by purchasing two-family homes and living in one unit while renting out the other. Over time, she acquired more properties and used the cash flow from rentals to cover most of her living expenses. Rayne emphasizes the importance of living below your means and being money-conscious. She also discusses her plans for the future, including potential vacation home purchases and continued investment in retirement accounts. Rayne shares her strategies for teaching her children about finances and the value of a dollar. Takeaways House hacking can be a great way to start building wealth through real estate investments. Living below your means and being money-conscious are key to financial success. Diversifying investments and taking calculated risks can lead to long-term growth. Teaching children about finances from a young age can set them up for financial success in the future.

2023 in Review Jace and Stacey break down lessons learned in a year in review, personal changes to their investment strategy and overall wrap up of a few main data points from the show in general.

Chad is in his early 40's. His wife is as well. They have a net worth of $5.0 million. About 85% is in real estate across nearly 100 units owned with a partner. Carrie is a teacher. They have taken some extended travel or rather lived in other countries as a result of their portfolio.

Summary In this episode, Frank shares his journey to becoming a millionaire and paying off his house. His net worth is $1.0 million. He has a chunk in retirement accounts invested in the market, a paid for house worth several hundred grand and the rest is in cash and other small investments. He discusses the importance of hard work and changing financial habits. Frank also talks about teaching his children about finances and his plans for the future. He shares his thoughts on mortgages and home ownership, as well as leaving an inheritance. Frank offers advice for beginners, emphasizing the importance of starting early and educating oneself about personal finance. Chapters 00:00 Introduction and Background 06:12 Paying Off the House 11:27 Financial Journey and Lessons Learned 15:10 Meeting spouse and working through money conversations 20:47 Alternative Investments 23:47 Thoughts on Mortgages and Home Ownership 25:20 Leaving an Inheritance 30:14 Immediate Goals and Next Steps 32:25 Rapid Fire Questions 37:50 Advice for Beginners