Millionaire Mindcast

In this episode of the Millionaire Mindcast, Matty A. dives deep into why nice guys & gals do NOT finish last. Although history and society have myths surrounding this very topic. SO tune in as Matty A. digs into his own personal experience and others, and how you too can always win. 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 MattyA@Millionairemindcast.com

Budgeting isn't sexy at all. Learning it and executing on it is less appealing to some than watching paint dry. What is sexy is all the luxuries it will grant you should you remain disciplined, focuses, and consistent enough to bear the fruits of your hard labor.  See why the 50/20/30 Plan could be your simple solution to budgeting and how you can apply it with just 10 minutes set aside every month.   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 MattyA@Millionairemindcast.com

In this episode of the Millionaire Mindcast, Paul Moore shares his journey on real estate investing, ways to make money in real estate, and the tactics to level up your finances, and long term wealth building without putting so much hard work! Paul Moore is a serial entrepreneur, a successful real estate investor and expert, and is a Co-Founder of Wellings Capital, that helps high earners ($200k+ per year) and high net worth individuals ($1 million+) protect and grow their wealth through passive commercial real estate investing. He is also the co-hosts of a wealth-building podcast called How to Lose Money with Josh Thomas and is a regular author for Bigger Pockets. Being in three successful real estate developments, including assisting with the development of a Hyatt hotel and a very successful multifamily project, led him into commercial real estate. Paul was Finalist for Ernst & Young’s Michigan Entrepreneur of the Year two years straight (1996 & 1997). Author of the book, The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing (2016). Paul began investing in real estate in 2000, and he flipped over 50 homes, 25 high-end waterfront lots, appeared on HGTV’s House Hunters, rehabbed and managed dozens rental properties, built a number of new homes, developed a subdivision, and started two successful online real estate marketing firms. Paul graduated in engineering degree and thought he was meant to be an engineer but got bored very quickly. Then, realized he was trying to be an entrepreneur and was designed to be an entrepreneur with very little knowledge about it. Paul started his own staffing company after working for 5 years at Ford Motor Company. Without a clue in investing, he had several million in the bank before he was 34 years old. This man went to all types of gyration within 19 years of real estate investing.  He had done hotels, subdivisions, ground-up constructions, flip many dozens of houses, and finally landed in commercial real estate. Throughout his journey in real estate, Paul learned to stay really focus on one thing and outsource other things to increase returns.  You can shortcut your ability to achieve passive income and getting those returns that you’re looking for without needing to be an expert to it. All you need is just invest with experts like Paul and his team who are skillful in this area!    Some Questions I Ask: Paul, tell us a little bit about who you are, where you are from, and what do you guys do? (00:49) Tell me why real estate and why you prefer commercial real estate based on your experience? (03:01) What are those different asset classes within commercial real estate, and which one do you like? (05:50) Let’s talk about an example or maybe a deal that you guys did recently or your client or customers did? (07:28) What’s your advice to those who are interested in real estate investing but don’t know where to start with? (14:33) What’s a syndicator and where to find a syndicator? How to identify these potential relationships? (16:57) Let’s talk a little bit more about your company, what you guys do? How do you guys are navigating the current landscape in the market right now? What do you guys going after? (19:23) What are some of the things that they should be looking for from a good offering? (20:49) What kinds of returns are you guys offering to your investors? What’s the minimum investment? (22:35) What’s your outlook on the market overall? (23:18) Do you invest anything outside of real estate or your own funds? What’s your overall approach to your wealth-building plan? (26:10)   In This Episode, You Will Learn: The difference between investing and speculating. (01:58) Paul’s own definition of wealth. (04:31) Residential Versus Commercial real estate. (04:38) The formula on how to increase the asset value and double the equity. (06:07)   Quotes: “I was designed to be an entrepreneur.” “There are so many different ways of making money in real estate.” “If we outsource these experts, we will probably be better off.” “You can shortcut your ability to achieve passive income.” “Acting appropriately is investing.”   Resources Mentioned: The Perfect Investment book by Paul Moore BiggerPockets Fundrise Mastering The Market Cycle book by Howard Marks   Connect with Paul Moore on: Website How To Lose Money Podcast

PART 2 - In this episode of the Millionaire Mindcast, Matty A. goes to The Arete Syndicate conference. An exclusive, invite-only society for over-achieving entrepreneurs. It was created to help men and women “take control and dominate every area of their lives.” Mylett explains that it is intended to “provide community and a roadmap for success and wealth taught by people who have already traveled that journey.” Now here are Matty A. top 10 takeaways from this experience. Tune-In 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 MattyA@Millionairemindcast.com

When it comes to building wealth, most people wait for the perfect conditions to start investing. What they forget to realize is that "perfect" doesn't exist and they never start. As the years pass by, they not only have nothing to show for it, but they are now plagued with regret for not acting sooner. The best time to start investing in your future is NOW! Learn what Matty A says is the #1 wealth-building killer so you can avoid making that mistake and ensure you don't become apart of the "I wish I woulda" club.   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 MattyA@Millionairemindcast.com

In this episode of the Millionaire Mindcast, we have an energetic guest Brian Nabavi who shares his incredible story, his secret sauce to success, the right mindset, and attitudes that must possess, and how he turned his passion into a business that’s earning 7 up to 8 figures! Brian Nabavi is a family man, a car enthusiast,  serial entrepreneur,  the Founder/CEO of Vital Minds CBD, and Til You Collapse Apparel, a fitness apparel brand that is empowering, motivating, and inspiring everyone to go to the gym and maintain their fitness. Brian is also the host of Til You Collapse Podcast.  Brian is always having that mentality of being a hustler trying to put food on the table. The selling skills runs into his blood as Brian’s dad had been a sales manager the whole life. Though Brian was an introverted and shy kid, Brian got his first job when he was 15 years old and did very well in selling and earning high commission.  His success in sells boosts his confidence. Then later, being into the gym business, managing a huge club where he always loves the sales process. Fitness is his passion and he loves it very much. With a lot of confidence in himself and his ability, he was thinking about how to scale 8 figures and still doing what he loves. Then, came the idea of a fitness apparel brand were 7 years ago, he started his business the Til You Collapse Apparel with 300 bucks. Although Brian barely graduated from high school and didn’t go to college, he works hard, takes massive actions very quickly, not worrying and thinking about how to do it but figure it out. He started this because he had big dreams for his family, and for himself. Brian wants to live a legacy for his kids, therefore, trying to create that wealth behind them that will last up to generation.  At the moment, Brian still striving hard to earn more success not just for himself and for his family, but also for all his employees along with his big vision for the company. Brian admits that he’s not a perfect husband and a father but still working out how to balance his time and attention with his family, and his business. Despite being busy with his big goals and hustles, Brian believes that his wife and kids deserve time from him. He makes sure he goes out for a date with his wife and spend quality time with his kids. Always keep your family as the priority because that’s the reason why you’re striving hard right now! Some Questions I Ask:   Will you tell me about what RT syndicate is? (00:57) How’s your mindset when you approach taking your business head-on? What TYCA is? (02:46) What was it like when you are first starting your business? (04:50) How did you overcome when you hit those rocky bottoms and keep going after? (09:18) Were you always confident like that? (11:47) When did you feel like you hit that stride of confidence in the wealth of your business? (14:56) Tell me a little bit more about the relationships side of the business and how important that’s been getting more eyes and ears on your brand? (18:38) How did you create that culture inside your business? (20:41) Why do you keep pushing? (22:03) What are some of your biggest challenges as an entrepreneur? (25:45) Were any other takeaways from the conference that really hit with you? (33:33) If you were to tell your kids something if your kids listening to this, what’s one message that you want to relay and tell them? (35:11) What do you think is going to get you to the next level? What’s that next level? (37:58) What’s your wealth mindset look like? (38:56)   In This Episode, You Will Learn: Brian’s greatest fear. (08:52) 3 things that got Brian successful. (10:05) TYCA staffing culture. (19:39) The analogy of Eco-effect. (37:26) 3 best wealth building vehicles on the planet. (40:46) Investing in real estate versus other investments. (41:22)   Quotes: “How you do one thing is how you do everything.” “Everyone is beautiful, everyone is capable of great things.” “I am who I am.” “I don’t feel that successful in my mind.” “Self-doubt is crippling.” “The fear that we overcome will then turn into confidence.” “Yeah, the first climb is hard.” “Set a higher goal and start reaching towards that.”   Connect with Brian Nabavi on: Website Instagram LinkedIn Facebook Twitter YouTube The Til You Collapse Podcast    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 MattyA@Millionairemindcast.com

In this episode of the Millionaire Mindcast, Matty A. goes to The Arete Syndicate conference. An exclusive, invite-only society for over-achieving entrepreneurs. It was created to help men and women “take control and dominate every area of their lives.” Mylett explains that it is intended to “provide community and a roadmap for success and wealth taught by people who have already traveled that journey.” Now here are Matty A. top 10 takeaways from this experience. Tune-In 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 MattyA@Millionairemindcast.com

Building wealth is simple, not easy. This equation shows just how simple it can be, as we often get in our own way and overcomplicate things. Wealth building is a long term game and with the right mindset, strategy, and approach, you will unlock new levels of wealth and financial gains. S X C X T = Wealth 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 MattyA@Millionairemindcast.com

In this episode of the Millionaire Mindcast, it's the first time in our podcast to have three (3) clever guests in one episode.  We have David Lawver, Mike, and Jake who share incredible information on how to build wealth, the best way to position yourself in the market, how to prepare for the next downturn, and thrive during those tough times! David, Mike, and Jake are experts in wealth building mastermind, and building wealth in all areas of life. They are the 3 of the smartest investing and wealth-building minds who excelled in financial and wealth pillars. Also, these amazing individuals are hedging and positioning themselves to capitalize on for the next downturn.  David Lawver is a Mortgage Lending Expert, and a Real estate Investor. David started out in real estate lending 15 years ago, and 7 years ago started getting into real estate investing. He believes that everything depends on your goals and skill set, market and resources that you’re in. Therefore, surround yourself with the right people, and ask questions. Ask and extract information but also take action with it. Mike is a broker, investor, and also doing property management in LA. He was in the cosmetic industry before he got into real estate focusing on multifamily since 2002. He was looking for different types of investment he can invest in. For him, Multi-family is very management intensive and is the best way to build wealth over time. Mike believes that anybody can enter these markets, and you don't have to start with a ton of money. On the other hand, the real estate market is a slow-moving market that we can look for indicators in the overall economy. For that reason, you can have plenty of time to make adjustments before the market gets too far away from you. Though it’s very hard to time the market, the only certainty is that there is a crisis coming. Jake is a data machine and a data cruncher.  He does private equity real estate and is currently investing in the secondary and tertiary urban core. He believes that there’s urbanization of downtown America everywhere. Jake looking forward to the next recession so focus on reflecting debt, and putting an opportunistic fund right now.   Believed in yourself. There’s no one better and smarter than you. Don’t be afraid to take action. Go, invest, and learn more. It’s better to try than guessing what might be with that deal.  Some Questions I Ask: Give us a little background of who you are and what you do? (00:49) David and Jake, in all the asset classes, what do you believe is the best investment vehicle out there? (06:28) Mike, why do you like multi-family so much? (09:39) How did you guys allocate your wealth in those different areas of your portfolio? (13:33) What are you guys thoughts about the media of what they are saying right now about the next recession? How are you protecting your wealth and repositioning yourself to capitalize on that? (19:19) Mike, are you more scared or more excited about the potential next worst crashed that we’ve ever experienced? (27:20) What is your practice and your discipline on a daily basis when it comes to strengthening your best chance and positioning yourself? (35:09) If you could go back and do it all over again from ground zero, what would you do differently or what would you tell to yourself? (43:14) As you can see the recession is coming, do you feel like it’s important to use debt, pay cash, and partner with people? How do you approach those opportunities? (51:46)   In This Episode, You Will Learn:   Different ways of making money in real estate versus owning stocks. (09:53) Multifamily versus other types of investment - (from the risk standpoint). (12:35) How is Jake preparing for the next recession? (18:25) David’s rule of keeping things. (20:18) Why the next recession will be the worst recession or depression we’ve ever seen. (24:08) Why gold and silver are so important. (25:51) How did Mike prepare for the next recession? (26:26) The possible effects of the next recession in the society. (28:33) How to determine where to invest your money. (30:51)   Quotes: “Multifamily is the best way to build wealth over time.” “I like to do things that are always preparing for the worst-case scenario.” “The stuff I’m taking because I can’t let go with that.” “Being in tune with what’s you got.” “I’ve got my limits on what I do.” “It’s very hard to time the market.” “This next recession whenever it occurs may end up being the worst recession or depression we’ve ever seen.” “I do think that there is a crisis coming.” “Invest like the best.” “These best gifts are on the market.” “The person that tells about story wins.” “Find the success in the current environment.” “There are ways to get in.” “Anybody can enter these markets.” “You don’t have to start with a ton of money.” “Everything you do is not by accident.” “We don’t know when that next recession is going to be but I know we’re one day closer to it every day.” “Real estate is a slow-moving market.” “Keep in cash reserves up.”   Resources Mentioned: Mastering the Market Cycle book by Howard Marks ●     Aftermath book by James Rickards Timing the Real Estate Market book by Robert Campbell Big Shifts Ahead book by John Burns The Tim Ferriss Show - Podcast The Meb Faber Show - Podcast

In this episode of the Millionaire Mindcast, Matty A. without wasting time, he dives straight into 7 success tips that have helped him tremendously and he consistently keeps top of mind and you should too!. Tune-in and take notes! this is one episode you won't want to miss.  Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: The Rich Life Planner 2020 , Order your 2020 Planner today at >> TheRichLifeStore.com Questions? Comments? Do you have a success story you would like to share on the show? Send us an email to MattyA@Millionairemindcast.com