Millionaire Mindcast

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

In this episode of Millionaire Mindcast, Matty A. dives into the opportunities that are available during this crisis, and 5 different impacts the Coronavirus is having on the Real Estate market! Tune-in, take notes, 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 with another great episode. In today's segment, Matty A. and Ryan Breedwell practice social distancing and dive into the indicators that are pointing to a looming recession and it's economic impacts. So tune in, take notes and 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 Greg Smith who speaks about creating an ideal community and culture in your customers and within the organization, gives tips on what’s the best way to create great content, how to be a top content creator, how to do marketing for courses, and tips to monetize your expertise with online courses! Greg Smith is a lawyer, an instructor, entrepreneur and the CEO and Founder of Thinkific, an all-in-one platform that allows you to create, market, and sell your own online courses. It offers the best tools, training, and support to kick start your own online education business. Greg is passionate about education and has taught thousands of students online and delivers amazing E-Learning experiences. For Greg, it started from tutoring students in law school, and turning it into a blog. He noticed that more people were getting interested in it. People were looking for options to acquire education outside the colleges. Fortunately, there is an explosion of acceptance of online education as the first place to go to learn. It created a poll from the learners. People prefer to go online first as their first point of contact for learning for a frequent career change, career opportunity and promotion, personal improvement like fitness and health, and the desire to learn more crafts and hobbies. Greg sees the potential of educating and reaching more people by making online courses. Together with his brother, they’ve created the first mini online course and later started their own company. Now, Greg’s company offers a variety of courses for people who want to create their own courses and memberships, to educate potential customers on their brand and website with full control over the content, pricing, and the business.  Accordingly, Greg emphasizes the importance of marketing in any business in order to be successful. Thus, the top content creators must be really good in marketing, if not hiring someone else to do it. Greg really invested in his employees, his business and company and made sure that he’s building an ideal culture within the organization. It is a culture that’s concerned for everyone, united, and supporting each other to achieve their individual and company goals. Currently, Greg continuously helps entrepreneurs grow their business by getting their passion and message and knowledge out to the world. Helping them start their businesses while enjoying more time and freedom to spend with his family. Some Questions I Ask: You’re basically looking for 50% growth on your team over this next year, what does that look like? (03:17) When did you see this online business and courses becoming a trend? What led you to the formation of Thinkific as we see and know it today? (03:55) Where do you see this whole space going over the next 5, 10, and 15 years moving into the future? (06:09) What do you say to people who are thinking earlier that this space is too noisy, oversaturated, and people should not create courses and content to educate? (08:07) Give us a little synopsis of what are the varieties of solutions and options that you are offering for entrepreneurs who are looking to create their own course and community to get familiar with your platform. (11:00) For those who are thinking of creating a course, membership sites or community, what’s your take on maybe the right or the wrong path or just input around those two different channels in your platform? (12:38) Who has been some of the best people that created communities and why do you think they’ve created such momentum using your platform and why they’re so successful? (14:10) What do you see some of the big brands or successful brands on your platform doing the way with that some people might want to get in front of them or detach themselves from? (16:52) What are some of the trends that you’re paying attention to on your side of the offense in order to serve your customers, the content creators, the course builders, the community platforms that you think are going to continue to help them move forward to do what they do best and stay on your platform? (20:15) How much weight do you tell people to put on their content and the quality of the product versus how much of it is just being a great marketer and driving traffic to your conversion funnel? (22:46) What were some of the core pillars of your course and things that they’re going to have in order to deliver that quality product to a potential customer? (27:10) Do you need to keep it very narrow or do you see a lot of people who have just cracked the code on creating courses and content, scaling their skill, & creating great passive income? (30:30) How important is it for a content creator to become a marketer & understand marketing or do they need to in order to be successful?  (32:11) What are some cultural tips that you would leave with for those who are building their own brand, community, and company? (34:44) What are you as a leader holding yourself accountable to upgrade yourself? (38:42) What do you see as one of the biggest things that are so simple that people let go of or moved beyond than their business would go to the next level? (40:57) What is your vision for Thinkific? Does it have a finish line or another milestone that you’re aiming for? (42:58) If you got a $500 million offer tomorrow, what would you do? (44:28) Was there anything that was offered to you that got you thinking? (44:41) What is investing and building wealth for you look like outside of work and what is your money philosophy? (45:53) How did you still keep the family and wife at home a priority while grinding and hustling? (48:12) If you get to the end of the road and you’re looking in your rearview mirror, what do you want to see in order for you to say that “it was successful”?  (52:05) In This Episode, You Will Learn: Tips to become the top course creator. (12:57) Lessons that you can apply to any business or if you’re creating courses. (20:35) The breakdown of quality content. (23:24) Tips to create quality content for startups. (26:03) How to do marketing for courses. (33:22) How and when to fire somebody. (35:02) Quotes: “Having some competition is a really great indication that there’s a great market to go after there.” “I made sure that the learning was quality enough that I was going to get people results.” “Get something out that you think can deliver value to people & get them the change that you’re promising them and then get it in front of people and take feedback from them.” “For me, it’s a constant reinvention.” “If I don’t keep up then I’m obsolete.” “It’s not about the number it’s about the future.” Resources Mentioned: Infinite Game book by Simon Sinek Shoe Dog book by Phil Knight Connect with Greg Smith on: Website Instagram LinkedIn

In this episode of Millionaire Mindcast, Matty A. takes a moment to reflect & appreciate. Tune in as he discusses the importance of appreciating in today's episode "Appreciate What You Want To Appreciate". 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