Millionaire Mindcast

In this episode of the Millionaire Mindcast, we have a candid guest, Templeton Walker who speaks about setting your life and business to the highest level, the importance of being genuine and transparent, why you should show up your truth, tips on how to become a successful realtor and agent when you should listen to your ego and drop it, how to avoid financial stress, and how to balance your life! Templeton Walker is a successful realtor, investor, a certified personal trainer, and owns and operates the Templeton Group Arizona Real Estate, specializes in working with buyers, sellers, and investors. He has a passion for helping clients achieve their financial and life goals through real estate.  By nature, he is loyal, honest, and motivated. He works diligently to understand market trends and conditions to make sure his clients are satisfied, whether they are a first time home buyer or a high-end seller. Templeton's diligence and research ensure the best deal possible for his clients. During leisure time, Templeton enjoys spending time with his family and friends, participating in anything athletic or competitive, and reading books (usually about buying and selling real estate).  Templeton came from nothing and was not the best kid. At the age of 18-25, he was still trying to figure out his life. He was kind-hearted, ambitious, a big thinker, and with a ton of potential but not much work. He was really wild and loves the spotlight on him. Therefore, Templeton used that energy to pivot from a hard partier to being like a potential best leader or the best mentor. But he wasn’t disciplined or mature enough to navigate his life in the right direction.  He was not investing himself sooner, but relying on the books he read until he learned to spend thousands of money to get a personal coach, mentors, and surround himself with the right people.  Accordingly, he became intentional to pursue his passion to become an investor, so Templeton tried to become a real estate agent.  Luckily, he became the Top Salesperson of The Year for the small brokerage in his first year and has sold $5M to $6M for real estate. He strived hard because he doesn’t want to experience financial difficulties anymore. Gratefully, Templeton has been in real estate for 3 years now and has grown his wealth, achieved financial independence, and created an amazing portfolio.  He achieved all of these because of tapping the truth and being congruent. For Templeton, the problem starts when you’re having things that are not congruent with your highest and best needs but just your way to perceived people.  It’s just a validation for your success and it doesn’t matter at all. You’re just being ego-driven and false. Templeton believes that if you’re a good human being, there is no worse feeling in your heart than feeling like you’re an impostor, feeling like you’re not living your truth or lying.  Likewise, when you’re incongruence you’re dangerous and powerful. You vibrate at a different level and people can perceive it and feel it while bullshit vibrates at a certain level. Being anything other than yourself takes effort because to be you take no effort. It requires energy and effort and it’s exhausting to be anything other than you. Currently, Templeton wants less for material things but more time with his family and kids. He is living on purpose with all these people that are important to him, with his philanthropy, and making a difference in the world and not just always thinking about money. The most important to him is the way his children, spouse, friends, and inner circle feel about him.  It considers a win for him.  Some Questions I Ask: Where did it all of these start? (01:27) Was that from day one that you had this vision of what you wanted life to look like? (08:02) What was looking back one of the worst financial decisions you’ve ever made that you would share with other people to ensure they don’t go down that same path? (12:00) When did you get to the place where you’re kind of like you don’t really care what other people think and know what you’re doing? (16:04) What insecurities do you have that people may or may not know about you? (18:43) What do you want to be? (24:29) How do you show up on a daily basis with your kids, wife, friends, and in your business? (26:15) How do you manage when life is good? (34:19) How have you been able to manage the money stresses along the way to unlocking the freedom and the luxuries that so many people look up to and want to create in their own life? (38:19) If you were to give some advice to an early stage investor that is looking to get started in the vertical of real estate that you do, what do you tell them to do? (42:48) What is the big vision, and the end game that you’re pushing towards? (49:08) In this Episode, You Will Learn: How to become an effective realtor and agent (05:18) When to listen to your ego and when should not (13:58) Why is it important to show up your truth (20:36) The three things that you can control and you can show up (23:12) Personal development and Spiritual development: Creating balance in life (28:56) How to reduce financial anxiety (41:31) Quotes: “Energy is one the best things that you can control and navigate in this life.” “Are you gonna be the guy that just always gonna have a ton of potential and never does shit or are you going to step into your greatness and your potential and become something?” “I’m a realtor, I’m excited about it, and I want to help you.” “Money and things don’t necessarily make you happy, it’s the relationships and the moments that you have.” “The money is just the byproduct of operating the right way.” “If you’re a good human being there is no worst feeling in your heart than feeling like you’re an impostor, feeling like you’re not living your truth or lying.” “When you’re not telling that truth, it pushes you out of your greatest power as a human being.” “When you’re in congruence you’re dangerous and powerful.” “Bullshit vibrates at a certain level.” “When you’re being anything other than yourself that takes effort because to be yourself takes no effort.” “Everything starts in love and ends in love.” “Death is arbitrary and it can take anyone at any time.” “God show’s up in the smallest, simplest stuff.” “Sometimes you get this season of life where everything is perfect.” “Less people, less money, less processes can be more if they are efficient and if they are optimized.” “Time is not a renewable resource, money is.” “If making money is second nature to you as breathing, you’re not worried about your next breath you just know you’re gonna get it.” “Anxious and fear come from lack of preparation or lack of experience.” “It’s about the journey, not the destination.”  Connect with Templeton Walker on: Facebook LinkedIn Twitter

In this episode of Millionaire Mindcast, Matty A dives deep into what this Lockdown has truly done, and it might just be the greatest gift you have received. Why? Tune in to find out!. This is a good one. Enjoy!.  Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

In this episode of Millionaire Mindcast, we bring to you the dynamic duo once again. Matty A. and Ryan Breedwell dive in today on unemployment #'s and mortgage forbearances. The numbers keep increasing! What does that mean? Tune in today and find out!.  Enter giveaway @ Go.MillionaireMindcast.com Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

In this episode of the Millionaire Mindcast, we have a magnificent guest, Rachel Richards who shares amazing tips and insights about passive income and how to retire early, what are the two (2) stages of passive income, the framework of passive income streams and what are the different types of it, how to maintain the right mindset and motivate yourself, and how to manage anxiety and impostor syndrome! Rachel is an entrepreneur, real estate investor and analyst, former financial advisor, finance guru, professional speaker, and business owner, and bestselling author of "Money Honey," and "Passive Income, Aggressive Retirement." With over 35 rental units, Rachel has made a name for herself in the personal finance realm. She has been featured on the Penny Hoarder and the New York Times and contracted to speak at colleges. She has inspired and helped thousands of female millennials work their way out of financial despair. She has made the topic of money management fun, entertaining, and simple. This young lady was in 6th grade when she became obsessed with finance. Instead of playing with her friends in summer camp, she was sitting in the pool reading The Motley Fool Investment Guide for Teens book. Rachel loves reading about the magic of compounding interest and as many as finance books as possible. She grew up witnessing her parents’ struggle in money matters. At a young age, she definitely knows what she wanted in life. Rachel wants something different out of life like freedom, flexibility, and financial independence. Rachel has always tried to save 50% of her income. She lives frugally and gives importance to save money at a young age. She believes that if you can save money and start investing in the stock market or create a passive income at a young age then you’ll get much further than anybody else that waits 10 years to start investing. Consequently, Rachel maintains her discipline in finances, made some sacrifices, and is responsible for managing her money. Besides, Rachel has learned the essence of learning the value of time. She ingrained in her mind that if she can start earlier, it’s a big advantage for her. Therefore, Rachel and Andrew started in real estate investing in 2017.  That summer they started the Print on Demand business. As an entrepreneur, Rachel is very ambitious and driven.  Later that year, she turned her passion for writing into a passive income stream. She wrote her first book Money Honey.   The couple is so intentional that they’ve worked full time and worked their passive income in the night time. They were grinding so hard when they started their income streams. Later, Rachel at the age of 27, quit her job and retired, living off $10,000+ per month in passive income.  Rachel insists that you don’t need to start a multiple passive income at the same time. It only takes one passive income stream to make it work, so find the one that works for you.  Likewise, don’t hesitate to render your money or your time or both in starting your passive income stream. Remember, there’s no getting rich quick scheme in creating passive income or an automated income stream without putting any effort. Make an effort to step closer to your goal. Utilize the resources out there that will surely help you like books, blogs, podcasts, Google, and more. At the moment, passive income provides some incredible lifestyle benefits for Rachel and her husband (freedom, flexibility, financial independence). It allows them to work anywhere and anytime. They have total control over their time and location. She relies on the passive income of $10,000-$15,000 a month. Rachel continues to grow her book business because it’s her passion and it’s not about the money. She wanted to make an impact and change as many people’s lives as possible for the better. Some Questions I Ask: Where did your passion for personal finance and financial freedom come from and your journey start? (00:52) What was it that got you so excited about financial freedom and how did you really push into that at such a high level? (02:05) How did you own the right to quit your job at the age of 27 and rely on the passive income of $10,000 a month that you built for yourself?  (03:52) Talk about the importance of living below your means during this time. (07:36) Besides real estate, which passive income have you built personally? What are some of the other ones that you see a lot of people leveraging in their passive income portfolio? (09:55) What did your framework or process look like for building these three passive income streams? How much time did that take? (12:35) What are some of the challenges that you experience as you get into these things that you’re doing? (15:25) What are some of the other things you think people can do to combat the depressed nation or the impostor syndrome to keep pushing towards their financial goals? (18:58) What are some of the other passive income ideas that you’ve written about in your book? (24:14) Where should people start and what should people know as they start? (26:49) Why have passive income or was this pursued of passive income so important for you and your family and future? (28:27) Who did you have to become and challenge yourself to grow into? What did that look like in order for those results to show up in your bank account? (30:56) What have been some of the biggest struggles that you’ve had as an entrepreneur?  What did you do to overcome that? (34:59) Why are you still pushing hard doing what you’re doing knowing that you are already financially free and you can do what you want? (40:13) In This Episode, You Will Learn:   Money Fears. (02:32) Rachel’s main motivation. (02:44) The essentials of learning the value of time. (03:15) The first step in money management. (07:59) One of the biggest predictors in your future success. (09:35) What passive income is and what passive income is not. (10:48) The passive income that requires zero work to maintain. (14:02) 2 stages of passive income. (14:26) One thing that Rachel loves to do when facing challenges. (20:17) What are the common passive income streams? (24:47) Free passive income BONUS kits. (27:44) The great thing about passive income. (30:25) Tips that are really essential to Rachel’s success. (32:07) How did Hal Elrod overcome his anxiety? (36:22) Rachel’s daily activity helps her foster and maintains the right mindset. (41:08) Quotes:  “I just want something different out of life. “ “Time is your biggest advantage.” “It only takes one passive income stream to make it work; you don’t need 28 different passive income streams.” “Find the one that works for you and focus on growing it as much as you can.” “Don’t go when your head alone because that’s a really scary place.” “Most of the time it’s not about the tactics, it’s all about the mindset behind it.” “Make it easy for us to help you, do the homework first.” “Passive income takes either time or money or sometimes both to create.” “It’s powerful to be able to make decisions without being constrained by money.” “Planning was key and it’s still as key.” “I was a slave to my to-do-list; my to-do-list controlled my life.” “Time for me is more valuable than money.”    Resources Mentioned: The Motley Fool Investment Guide for Teens book by David Gardner, Tom Gardner The 12 Week Year book by Brian P. Moran, Michael Lennington The Miracle Morning book Hal Elrod   Connect with Rachel Richards on:   Website Facebook Instagram Twitter LinkedIn Passive Income, Aggressive Retirement book by Rachel Richards www.moneyhoneyrachel.com/bonus Money Honey book by Rachel Richards

In today's episode of Millionaire Mindcast, Matty A dives into what every successful entrepreneur and business is doing right now during this global and national economic crisis. So tune in, take notes and enjoy! This is a Replay of EP444 - Air Date April 10th 2020 Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

In this episode of Millionaire Mindcast, the dynamic duo is back, and this time with some great strategies. The great Lockdown is being labeled as probably the worst recession in 100 years. Tune in today as Matty A. and Ryan Breedwell tell you on how you can build wealth through this recession. Enjoy! Enter giveaway @ Go.MillionaireMindcast.com Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

In this episode of the Millionaire Mindcast, we have a great guest, Sam Bakhtiar who shares insights about winning goals, mastering your life and your time, how to build your confidence, and build huge results, gives tips on how to save money, some ways to get rich, and how to become A1%-er! Sam Bakhtiar is a Chiropractic, a $100M dollar CEO, entrepreneur, author, and world-class bodybuilder. He runs a fitness franchising business, The Camp Transformation Center, with 110 locations that focus on transforming people's lives physically & mentally through exercise and nutrition. Sam has helped over 100,000 people transform physically and mentally. He specializes in helping people get to the top 1% in any and every aspect of their life, and become a 1%er. He is also the author of the popular books The Total Body Transformation Secrets and Becoming a One Percenter. Also, he is a champion bodybuilder with 23 major bodybuilding titles including Mr. Orange County, Mr. Pittsburgh, Mr. California, Emerald Cup, Tournament of Champions, as well as placing runner up in Mr. USA. He has over 18 years’ experience in coaching professional, collegiate, and recreational athletes from all sports. Currently, Sam is a hands-on father of two beautiful girls, and passionate about coaching and mentoring young and upcoming entrepreneurs that need to see the bigger picture. Dr. Bakhtiar has grown up in a culture that looked down on entrepreneurs; therefore, he got his chiropractor degree and opened a gym because he wanted to transform people’s lives. But Sam can’t transform the people without transforming himself first to boost his self-confidence. This led him to become a professional bodybuilder and later a champion not just in bodybuilding but in all areas of his life. Sam saw his family members and friends start something but never did anything, thus he hated people who plan a lot without action. He didn’t let them influence him. Sam is all about thinking big and doing things one step at a time. He concentrates on what is in front of him, and is present at the moment. Execute daily to get not far in front of you.  Moreover, Sam always goes back to gratitude and attacks the problem with the plan. According to him, you’ve got to plan your life. You’ve got to live by design and not by default because you just can’t wake up and win things. You’ve got to be intentional with everything, with your faith, with your fitness, with your finances, with your family, always have fun, and let loose. If you’re not going to do these you’ll be totally imbalanced. You’ve got to master your time, master your productivity, so you can master your life. So, when things go wrong, don’t lose hope but strive hard to stand up.  There’s always a bright side of things. Don’t play like a victim of your failure, but put an action plan, see what you can do, what to give up, what needs to be adjusted, and execute the plan daily.   Embrace every second of your journey and your failures.  The problems present a way for you to grow, and it will make you a better person. Without adversity, without obstacles, life is not worth living, and it will be boring. On the other side, you have to have respect for money so that money will respect you. You’ve got to be militant with your budget and time management. There is a time and place for everything. It just becomes your decision that you want to get yourself to the next level but comes with the discipline of sticking to it. “Stay focused on what you want to achieve and be relentless.” Some Questions I Ask: Where did your entrepreneurial journey start? (00:42) How were you able to create this road map of success & how that evolved over time in your journey? (02:45) How have you been able to exercise this daily discipline you’ve done with your body, mind, your family, and your business? (04:30) What is the narrative you share with those individuals who are early on their journey that you want them to be careful of and understand? (09:47) What do you say to those people that are really going through some challenging times? (14:14) How have you been able to build and cultivate this confidence within you? (18:18) What do you think is a principle or practice that has been tried and true 30 years ago and still true today that people are overlooking? (22:51) If there were somebody that is starting on their financial fitness journey, what is the one thing you would tell them the discipline to commit to on a weekly or a monthly or a quarterly basis that will at least get them on that path? (26:53) What pests you off right now and why? (29:20) Tell us a little bit more about your belief in how to become A1%-er, what is that formula and DNA look like? (33:48) What’s your favorite car and why? (39:42) Who’s your favorite person to follow on social media and why? (40:39) What’s your favorite thing to do with your daughters? (41:41) What’s the next decade for Sam to look like? (46:09) In This Episode, You Will Learn: Ways to build something substantial. (03:06) How to build huge results (05:24) Why you should embrace your journey, failures, and obstacles. (11:20) Sam’s analogy of life. (13:17) Things that Sam have learned in his existence (14:46) The keys to Confidence. (18:56) Tips on how to save money. (23:11) The way to get rich. (25:46) What A1%-er is. (34:34) Sam’s meaning of real success. (39:04) Sam’s top three priorities. (42:53) The biggest mistake that Sam has made. (47:14) Quotes   “Think big, go big but don’t lose focus on winning one day at a time.” “You win the year by winning one battle at a time.” “They started but they never have done anything.” “It’s the little things that you do correctly every day that compounds to huge results.” “You gotta plan your life.” “You're gonna live by design but not default.” “You just can’t wake up and win things.” “You’ve got to master your time, master your productivity, so you can master your life.” “Success without fulfillment is the greatest failure.” “It’s not the material thing that’s going to fulfill you.” “The journey of getting there was a lot meaningful than getting it.” “Problems present a way for you to grow.” “Without adversity, without obstacles, life is not worth living, it will be boring as fuck.” “When it’s good, it’s not always gonna be good when it’s bad, it’s not always gonna be bad.” “There’s always a bright side of things.” “I feel like I can do anything if I put my mind to it.” “If you want to live like no other, then you have to live like no other around.” “You’ve got to be militant with your budget; you’ve got to be militant with your time management.” “There’s a time and place for everything.” “Bullying is life.” “I just made a fucking decision that I want to be average and I execute that position.” “When the pain of stay the same is greater than the pain of change, that’s when change happens.” “When you get older, you realized that simplification is the ultimate form of sophistication.” “Don’t play the wrong game.” “Stay focused on what you want to achieve and be relentless.” Resources Mentioned: The Compound Effect book by Darren Hardy What To Say When You Talk To Yourself book by Shad Helmstetter The Richest Man in Babylon book by George Clason Connect with Sam Bakhtiar on: Website Instagram Mobile #: 909-200-4015 Youtube Facebook

In today's episode of Millionaire Mindcast, Matty A dives into what every successful entrepreneur and business is doing right now during this global and national economic crisis. So tune in, take notes and enjoy! Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com

In this episode of Millionaire Mindcast, The dynamic duo is back in the studio. A lot is happening in the global economy. Are the recent forbearances forecasting a financial crisis? Tune in to find out on today's episode. Enjoy! Enter giveaway @ Go.MillionaireMindcast.com Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to Questions@MillionaireMindcast.com    

In this episode of the Millionaire Mindcast, our guests Jake Stenziano and Gino Barbaro talk about their entrepreneurial story. They share some tips on how to start with multifamily investing, why you need to be careful with your assumptions, how to accelerate your entrepreneurial journey, what is an ideal culture and community, what are some ways to create credibility, what’s the best investment vehicle, the importance of broker in multifamily investment, how to effectively raise capital, and how to avoid losing some deals! Jake Stenziano is an Amazon #1 Best-Selling Author of Wheelbarrow Profits, currently controls + 1,500 multifamily units, Founder of Rand Property Management, co-founder of Rand Partners, and co-founder of Rand Capitals. Gino Barbaro is a certified professional coach, currently invested in over + 1,500 multifamily units. Jake and Gino are both experts in multifamily real estate investing, educators, investors, syndicators, business coaches, and currently have $100,000,000 in assets under management. They co-founded Jake and Gino, an education platform that helps people achieve their goal of financial freedom. Their mission is to improve the lives of others by creating communities that allow people to become the best version of themselves. Jake and Gino gave up their W-2 jobs and decided to get into the real estate investment business. They’ve started with 25 units of property. At first, they didn’t know how to man it as well as to build credibility with brokers. But they’ve focused on what they want and their whys, and learned the space. It took 18 months until they’ve found their first deal, 3 months on the second and so on until they’ve learned to play with it and closed more deals. How did they do it? In this case, they leverage knowledge and information to accelerate their journeys. According to them, you need to select the market when you start out. Find the money you needed before the deal. How? Pitch what you do, build credibility, create connections, meet people and brokers, reach out and talk to potential investors and know what their goals are. Be flexible. Align yourself with the right folks and with the right community because it’s a team sport. It’s the communities that are so strong that it can make the world different. The community will give you resources and support, and feedback on what not to do to avoid mistakes. Likewise, it’s important that the team members are on the same page. Get really good people in the team, be systematized with values and works, make sure you have a great culture, align and relate with core values of the company and it’s going to work out well. Now, Jake and Gino are financially free and enjoying more time with their loved ones. They are always looking for the path to progress while pursuing their passion to help people achieve their dream of financial freedom. Some Questions I Ask: How did you get into being a multifamily real estate syndicators, investors, and educators? (00:23) What do you see as multifamily real estate such as a safe and great investment vehicle for people to look at and pay attention to grow their wealth and their passive income? (05:01) What does participation look like for people that are looking at this vehicle as an investment? (10:54) What does syndication look like? (13:34) What are the good rules of thumb in participating in Limited Partnership and the red flags that people should be paying attention to? (15:08) What are some of the best lead generation efforts & ways you’re seeing your students and you guys having a great track record to have come across and found deals in the past and in today’s current inclement? (18:10) How lean can you run a multifamily and build the right team for being successful in this space?  (24:58) How do you recommend somebody go about raising capital and funds for their deal? (30:24) What do you think makes you guys in your community different at all? (35:06) What are some of the emerging markets that you guys might be paying attention to? (40:07) The final piece of advice that you guys have for anybody that wants to take that next step in multifamily investing and get started with their first opportunity whether it’s operating indoor or LP. (42:33) In This Episode, You Will Learn: When is the right time to get into something. (02:36) The pros of multifamily real estate investment. (03:48) Why are people renting houses rather than buying their own. (05:57) 2 Parts of Syndication: Limited partner versus General partner. (13:45) The importance of building relationships with brokers in multifamily. (18:36) Credibility book – what is it & how important it is. (19:40) A great way to create credibility and network. (22:26) Reasons why some are losing deals. (28:11) The 3 pillars of real estate investing. (28:55) Matty’s best hacks of tapping or getting into opportunities. (34:32) Quotes: “It’s never the right time to get into it, the only time to get into it is when you’re ready to get into it.” “Think big, start small.” “You’re earning while you’re learning.” “Brokers are the gateway in multifamily.” “It’s a team sport; you’ve got to have those great broker relations.” “If you don’t cash flow let the grass grow.” “We just leverage knowledge and information to accelerate our journeys.” “It’s the community that is so strong that it can make the world different.” “I don’t want to scale just to scale, I don’t want to grow just to grow, revenue is vanity, profit margin is sanity, and cash is king.” “Education times Action will equal your Results. Resources Mentioned: Big Shifts Ahead book by John Burns and Chris Porter Mastering The Rockefeller Pillar Habits book by Verne Harnish Scaling Up book by Verne Harnish