Millionaire Mindcast

Matt Aitchison
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Jan 1, 2020 • 37min

How To Make 2020 The Wealthiest Decade Of Your Life | WBW

In this episode of Millionaire Mindcast, we have a very special episode to kick off the NEW YEAR! So much is expected this coming decade and 2020 is ready for you!. Tune in as Matty A. and Ryan Breedwell dive into another great Wealth Building Wednesday segment. Enjoy! & Take Notes! To Get In Touch or to ask questions for WBW. Send your email over to: Questions@MillionaireMindcast.com Or Send to RyanBreedwell@CapitolPlanningGroup.com Podcast Sponsored By: TheRichLifeStore.com Contest @ Go.MillionaireMindcast.com
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Dec 30, 2019 • 53min

How To Start Your Own Investment Fund Without Needing Wall St Experience | Bridger Pennington

In this episode of the Millionaire Mindcast, we have a magnificent guest, Bridger Pennington who shares the value, and tools that he’s building on gives tips on how to start a fund, how to find investors, how to structure the terms of your fund and deal, what are the pros and cons of syndication and the fund, and the best strategies for raising capital! Bridger Pennington is the Founder of Black Bridge Capital: Privately run debt fund that has done over 142 deals in 38 states over the last 18 months. He helps people launch highly lucrative funds (PE, VC, Hedge, and Debt). Ever since Bridger is a hustler, he was in First Year College when he started tutoring Chinese kids but stopped because it didn’t make much money. Then, he got in real estate and wholesaling for a while. Bridger grew up in a super entrepreneurial home. His family was living a very frugal life that anyone couldn’t imagine without knowing that his father had already started a successful funding business. Bridger was shocked, amazed, and inspired as he found out his father’s business, so he worked hard to learn everything about the fund. Later, Bridger follows his father’s footsteps and builds his own fund business out from scratch without a penny from his father’s pocket. He figured out everything through advice and tips from his father. Bridger is a risk-taker who is not afraid of raising money and pitching his fund. He believes that it’s all about finding the right person to be your partner with. Now, Bridger is coaching people on how to structure funds, find amazing investors and partners, and helping people understand what fund really is. Helping out people especially young guys raising millions of money to go out there and start their funds. Some Questions I Ask: Who are you, brother? What do you stand for? What do you do? (00:53) Why start a fund? What are some of the benefits and the things that people can overlook that can help them scale opportunities? (07:26) How do you help people overcome some of those limiting beliefs and common misconceptions of starting a fund are complicated as what many people think it is? (11:02) How to start a fund? (15:44) How lean can one run a fund? (21:10) What are the pros and cons of syndication versus funds? (25:41) What are some of the different structures that maybe people should be thinking about or doing more research on how to structure the terms of their fund and the deal? (30:07) Give us one or two simple strategies for raising capital. (35:40) What is your vision and goals with your investment fund moving forward? (43:22) In This Episode, You Will Learn: The two governing documents of the fund –‘the bible of the fund’. (04:40)  How Bridger structure and build a fund from scratch. (06:25)  SID Funds – what type of fund is. (09:03) Tips on raising money and starting a fund business. (11:36) The pros of being able to understand the fund. (17:29) Best strategies for winning investors. (30:59)  Credit Investors and Non-Credit Investors. (31:33) The purpose of LCC. (32:32)  The pros of partnering with credit investors. (33:56) Advice for people who aren’t good at talking to others or pitching. (40:45) Quotes:   “I’m gonna make money any way possible.” “You can bring the pieces together and blow it up.” “You don’t need to be the Jack of all trades, just learn a few simple traits.”     “The investors who invest the deal guy 10 times more than invest in just a resume guy.”  “You’re an entrepreneur, be scrappy, be frugal.”     “You don’t know who’s wealthy and who’s not.”    “You can’t do it alone.” Connect with Bridger Pennington on: Website Investment Fund Secrets Podcast Facebook Instagram   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
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Dec 27, 2019 • 11min

Are You An Outlier Or Plain Old Average? | FFT

In this episode of Millionaire Mindcast, Matty A. dives into a simple but interesting topic, are you an outlier? or plain old average? Is your life something you are designing or is it on autopilot by default? Tune-in and enjoy this quick awesome episode! 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  
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Dec 25, 2019 • 42min

2020 Financial Forecast And The Beauty Of Cash Out Refi's | Ryan Breedwell

In this episode of Millionaire Mindcast, we have our weekly segment of Wealth Building Wednesday with Ryan Breedwell and Matty A. Tune in into this special episode where they discuss 2020 financial forecast and go over a frequently asked topic on Cashout Refinancing!. Enjoy!   To Get In Touch or to ask questions for WBW. Send your email over to: Questions@MillionaireMindcast.com Or Send to RyanBreedwell@CapitolPlanningGroup.com Podcast Sponsored By: TheRichLifeStore.com Contest @ Go.MillionaireMindcast.com
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Dec 23, 2019 • 33min

Why Write A Book And How To Do It In 7 Hours | Nick Raithel

In this episode of the Millionaire Mindcast, we have a great guest, Nick Raithel who talks about his cool entrepreneurial journey of building great wealth, adding value to people, and shares amazing tips on creating and marketing your book that will create more opportunities in your business! Nick Raithel is an entrepreneur, an expert in the book writing process, and the founder of 7-Hour Book, helping small business owners and entrepreneurs to take the money-mental tasks of creating a book, and building their authority and credibility by publishing their own book in just seven hours. Nick’s journey begins at a yard sale when he was 9 years old. Currently, Nick and his team create value and opportunity for individuals, giving them a vehicle to getting their content package scalable where they can monetize, add value to other people, and add to their brand recognition to create more opportunities. Their content writing services will be able to get companies and businesses on the top, as it combines effective marketing strategies and the call-to-action context. Some Questions I Ask: Where did all your entrepreneurial endeavors begin? (00:40) When did you realize that you’re creating a real business? What was that business? (02:28) What’s been your business model that you’ve been able to unlock the freedom and generate wealth, create real opportunity, and value in your space (04:28) Who should be thinking about writing a book? (06:11) Why do you still believe writing a book is such a powerful tool for someone’s brand and to building their business? (08:02) Let’s talk about The 7- Hour book process, what does that look like? (10:46) What have been some of the greatest doors or success stories of people who have written a book unlocking because of that book? (12:48) What is the time that goes into working a book with your team versus doing the book by them alone? (14:38) Does your team also help marketing a book? (17:50) What’s your thought about Self-publishing versus going with a major publisher? Who is the right fit might be for? (22:37) In This Episode, You Will Learn: The 'Thud Factor' of having a book and its advantages. (08:20) Effective ways of assembling ideas out of the person’s head to a book. (11:02) Tips on Marketing a book (19:50) Quotes: “A book makes the most sense.” “A book really is a business card that essentially you can’t throw away.” “Marketing is just as important I would say as actually creating a book.” Resources Mentioned: Losing My Virginity book by Richard Branson Connect with Nick Raithel on: Website   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
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Dec 20, 2019 • 13min

3 Questions You Must Answer Before Pursuing A New Business Idea | FFT

In this episode of Millionaire Mindcast, Matty A. dives into the 3 questions anyone starting or pursuing a new business idea must answer!. It's exciting starting a new business, but its also equally stressful at times. How do you know this is the right path? Ask yourself these 3 questions, tune-in and take notes on today's awesome episode. 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
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Dec 18, 2019 • 32min

Getting Your Financial House In Order | WBW

In this episode of the Millionaire Mindcast, we have another great wealth-building Wednesday where Ryan and Matt go over the crucial things one must do to keep your Financial House in order. As well as an update on what the economy is doing and some future expectations. So without further ado, lets dive in. Enjoy! To Get In Touch or to ask questions for WBW. Send your email over to: Questions@MillionaireMindcast.com Or Send to RyanBreedwell@CapitolPlanningGroup.com Podcast Sponsored By: TheRichLifeStore.com Contest @ Go.MillionaireMindcast.com
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Dec 16, 2019 • 60min

The $300 Million Dollar Man | Bobby Castro

In this episode of the Millionaire Mindcast, we have a great millionaire guest today, Bobby Castro who shares his story of hardships as a young entrepreneur, how he get out of from the struggle, maximize and create $300 million net worth and portfolio of apartments talks about different criteria, and trends of investing in multi-family real estate, his favorite markets he is investing in, and how the power of thank you and relationships served in his entrepreneurial journey! Bobby Castro is a self-made business mogul, exemplifies the transformation from entrepreneur to leader. With only a ninth-grade education, Bobby founded Bankers Healthcare Group in 2001 with an investment of just $25,000. Through stable and correct information Bobby has built a company that was valued at $1 Billion and created a $300+ Million Dollar Apartment Portfolio. In addition, he has created a community of happy, loyal employees and has been awarded nationally for that rare accomplishment. He was the recipient of the prestigious Ernst & Young Entrepreneur of the Year Award in 2012, led BHG to be included on the Inc. 500/5000 list 13 times and has been recognized by Fortune, Forbes, Entrepreneur, Hispanic 500, Crain’s and more. He was a keynote speaker at 10X, and has been featured numerous times in the WallStreet Journal, Bloomberg, Smart Business Magazine and CNBC, among others. This $300 million dollar man has grown from a poor but a hospitality world.  His positivity affected by seeing the financial struggle going on with his mother who was a waitress and a tenant. In order to help financially, he was working as a waiter and valet parker at a young age and realizing that he’s in love with cash flow and real estate where he sees the brightness in it.  Bobby knows that real estate is in his DNA. Therefore, he stocked pennies to lead up a point where he can starts and working his way up and figured out how to get in the game. To Bobby, you don’t need to have a huge amount to start with real estate because he started with a single-family apartment type of asset that is cheap. He learned the ABC and numbers from the mistakes and learned never to repeat the big one. Every time he got dividends he would not run to buy Porsche but run to buy apartment buildings and rocks them into real estate. Bobby sees the market now as fruity with tons of opportunities. At the heart of Bobby’s business, philosophy is a commitment to the community and social responsibility so giving value to the masses. Currently, he is looking to touch people's lives and lift them up a little bit. He wants to teach others how to scale their businesses so they too can achieve better results. There’s always opportunity in every cycle so stock, stock so when the opportunity comes you’re ready to pounce. Some Questions I Ask:  How important has thank you and building rapport and relationships been to your journey specifically? (04:52) How did your entrepreneurial journey start? (07:23) How did you find this path of real estate and why you stay there? (10:09) How many times in your entrepreneurial journey did you have those ‘financial hardships’ and how did you get through them? (14:36) Let’s talk about those 5 fundamentals of Scale for real estate entrepreneurs or just entrepreneurs in general. (18:07) What is your core belief in the vehicle you’ve chosen in real estate to build your wealth? Why did you choose multi-family? (23:19)  What’s your advice for starters who want to go bigger? Where should they start? (30:38) What are some of the information outlets that you loved to plug in to? (33:03) What are some of the trends that you’re paying attention to? How are you seeking out opportunities and deals? (36:38) How you have been able to protect and compound your energy and how is that tied into wellness or spiritual practices? What does your routine look like in keeping that high energy level? (42:26) In This Episode, You Will Learn: Why Bobby decide to finally go on social media (00:42) Bobby’s first fundamental – Stock on Rack. (11:27) Technology and multi-family real estate. (13:58) How to increase your urge for success. (16:16) Positive Mental Attitude (PMA). (18:53) How to get not distracted. (19:16) What Value-add is. (25:32) Tips to avoid bankruptcy in real estate investing. (27:31) How to leverage relationships. (32:44) Tips on how to be exposed to opportunities. (35:00) Why you should be careful with real estate. (38:19) Bobby’s favorite markets in real estate. (40:41) Quotes: “The power of thank you has made me a lot of money.” “I’m a real estate guy in my heart.” “At least 50 times I have failed measurably.” “You are your most powerful asset.” “We are all different, we are all unique.” “Every minute you don’t get back no matter what.” “Start where you are at.” “This little information is better than no information.”  “I see the market very expensive, there’s always opportunity out there.” “Stock is savings and the rack is the investment.” Connect with Bobby Castro on: Website Instagram YouTube Facebook LinkedIn
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Dec 13, 2019 • 11min

A Message For Those Feeling Down & Out | FFT

In this episode of Millionaire Mindcast, Matty shares his message to those feeling down and out right now or when you know you have those days. Tune-in as he shares his wisdom and tips on how to overcome those feelings when you feel the sun ain't shining on you. 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
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Dec 11, 2019 • 42min

Using The Infinite Banking Concept To Build Your Real Estate Portfolio | WBW

In this episode of Millonaire Mindcast, we have Ryan Breedwell, back at it with what is going on in the economy this past week. MattyA and Ryan also dig into the topic of using the infinite banking concept to build their real estate portfolio. Learn more and tune-in into today's episode. Enjoy! To Get In Touch or to ask questions for WBW. Send your email over to: Questions@MillionaireMindcast.com Or Send to RyanBreedwell@CapitolPlanningGroup.com Podcast Sponsored By: TheRichLifeStore.com Contest @ Go.MillionaireMindcast.com

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