Millionaire Mindcast

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

In life, we all make mistakes. But often, those mistakes come at a price. In this episode, Matty A shares what he believes to be the biggest limitation most human beings have held them back and what that limitation can cost you in life. Whether it's investing for big returns, growing your business, or elevating your personal life, don't let this one thing cost you from optimizing the results you deserve in life.  Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: IneedAccountability.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, an amazing guest, Brett Swarts who shares information about Deferred Sales Trust, the tools and techniques that will create and preserve more wealth, and tips to attract high net worth. If you’re one of the people who want to have more time, travel, liquidity and pay off some debts through selling property, then this thing is for you! Brett Swarts  is an entrepreneur, real estate broker/investor, podcaster, a deferred sales trust educator/trustee, the Founder of Commercial Realty Apartment Advisors, and CEO of Capital Gains Tax Solutions - an educational platform inspires and helps business professionals like Venture Capitalists, Financial Advisors, Business Brokers, CRE Syndicators, and Realtors help their clients or partners execute a passive capital gains tax deferral wealth plan of their own. His experience includes numerous Deferred Sales Trust, Delaware Statutory Trusts, 1031 exchanges and $85,000,000 in closed commercial real estate brokerage transactions.  Swarts has been featured in various notable podcasts across the web, including The Best Ever Real Estate Podcast with Joe Fairless, Lifetime Cashflow through Real Estate Investing with Rod Khleif, Apartment Building Investing with Michael Blank, The Real Estate Espresso Podcast with Victor Menace, RE Investing for Cash Flow with Kevin Bupp, The Project Egg Show and many more. Brett is a guest speaker every year, who trains 100’s of business professionals at companies such as Marcus & Millichap, Keller Williams, Western International Securities, Multifamily Investing Academy & Equilus Financial Group, Inc. Brett observed that most high net worth individuals, tech entrepreneurs, commercial or real estate owners struggle with capital gains tax in the amount of 30-50% of their gain when they sell their highly appreciated assets. Therefore, bring a solution and arrived at his mission to educate everyone on this area and empower them with the strategy so that they could use it to unlock capital not only tax-deferred. Therefore, people could create and preserve more wealth and can give more freedom to choose to allocate their money in alignment with their goals. Together with this, Brett explains Deferred Sales Trusts and gives tips and something a way to differentiate yourself from all of the competition in the marketplace. For him, it’s important to not be focused on 1031 Exchange but look for options and find out what’s the why behind what you’re doing. Find out what’s best for you have given your current source of funds, given your current goals, and dreams. Aside from this, be cautious not to take on the dumb debt but take on the smart debt and have a clear business plan. At this moment, Brett is happy with so much time and energy. Aside from having a successful business career, he is also giving value to his healthy - body, mind, and spiritual being. Brett makes sure everything is balanced and stays focused on what’s most important. Trying to be more passive with his estate deals and gives importance to taking care of his kids and wife. Brett believes that marriage and family are the two best things that God has given to us. Some Questions I Ask: What Deferred Sales Trusts is and why should you use it? (02:27) Any scenario that you could give for someone to really understand the power of this thing? (04:09) Is there a threshold of deals to use the Deferred Sales Trusts? (08:29) Why don’t more CPAs and don’t more people don’t know about some of these very lucrative and unique strategies to save a lot of money, and create and generate more wealth? (10:38) Is this work for businesses or is it only tangible assets? (12:12) If someone is interested in this, what are the costs associated with it? What should be their first step to see if this fits their goals? (16:03) What’s the downside of deferred sales trust? (18:49) Do you have any resources or tools that contain more information about all the things that you’ve been talking about? (21:36) What’s your overall feeling in this real estate industry and the world of opportunity or lack thereof that you’re seeing right now? (22:29) What are some of the things that people don’t ask that they should be asking you in regard to tools or resources like the deferred sales trust or anything else that you think might be a value to them? (27:53) Tell me a little bit more about where your mindset in regard to your own wealth-building plan and in your own family legacy? (31:15) In regard to the disciplines and habits that have served you well in your business, what are some of the things that you’re looking to pass on to your kids outside of just money? (32:57) How have you found ways to scale and grow your business? (37:17) What it is that you’re chasing? What’s your ultimate definition or vision of wealth that you’re marching towards? (40:15)   In This Episode, You Will Learn: Peter’s story. (04:33) The ‘goal find yourself’. (13:25) How do you know the funds are protected? (15:38) The 3 sets of fees of 1031 Exchange. (17:00) The benefits of deferred sales trust. (20:03) The Dumb Debt. (24:42) How to attract high net worth. (25:52) The takeaway from this episode. (27:02) Things that help Brett grow and stay on track. (33:09) The financial intelligence that Brett wants to be passed on as part of his family legacy. (34:31)   Quotes:   “We want to harvest our gains when it makes sense.” “The fees that we charge offset the savings.” “I’m in this world.” “No close unless you closed the deals.” “You always got to look at each sub-market and each opportunity.” “Bring a solution.” “We’re not going to hit something that’s hard to gain in a long time.” “Look for deals, be patient, and be diligent not to take on too much debt.” “Asking is a way so much as timing.” “Be early.” “Our biggest taxes is our biggest expense.” “Go out and get empowered by each strategy.” “I believed we’ve been given one life, and one opportunity to live out the gifts and talents we’ve been given.” “Focus on the majors.” “Start there, just take the first step.” “Go, do those things that you set out to do.” “Fatigue makes cowards of a soul.”

In This Episode of the Millionaire Mindcast Matt gets goes deep into what the next recession can look like and as well as how to prepare yourself WHEN there is one. It's only a matter of time and every day we get closer to one. But the key is not in being prepared for one, it's how you can cash in big and build your wealth during a downturn market!. So tune-in and Enjoy!.  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

Do you ever wonder how much your time is really worth? Well, you're in luck as Matty A breaks down how to calculate your hourly rate with this simple formula in this week's Wealth Tip Wednesday.  Too many waste their time and money with reckless abandon, and by understanding how much -or how little - your time is worth, you will see that relationship begin to change before your eyes. See how this simple exercise can ignite new passion, purpose, and intention around how you spend and protect your time.  Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: IneedAccountability.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 Andy Hill who shares some awesome tips on how to quickly get out of debt, live life according to your terms, build money and wealth while creating epic relationships with your kids and spouse! Andy Hill is an entrepreneur, a personal finance influencer, an award-winning blogger, a podcaster, and the host of the Marriage, Kids and Money Podcast which focuses on helping young families build wealth and thrive. This 5-star rated podcast was nominated as “Best New Personal Finance Podcast” by Plutus. Outside of writing for his own weekly blog of the same name, he has been featured in Business Insider, MarketWatch, and NBC News. Trusted as a personal finance influencer by brands such as Quicken Loans, Tiller and Credit Sesame, Andy’s message of family financial empowerment has resonated with listeners, readers, and viewers across the US.  From a free and easy life to becoming a financial thinker. Andy made a transition when he realized that he will be a daddy soon. Thinking about what to do to protect his daughter and give her a great life, the couple decided to eliminate their debts as quickly as possible and focusing on the big why. They were being intentional with their money. They work with numbers, find ways to save more, and live for a while with 50% of their income. Along the way, they’ve learned a lot of their money languages, and techniques.  They’ve set a time to meet every month to look over with the numbers, review the expenses of the previous month, and plan. And later, he paid off $50,000 of debts in about 12 months, and $350,000 mortgage in less than 5 years. Having that accountability and clear visions helped them reach their goals while crafting a life that is more defined by family than obligations. The couple is working to avoid their marriage fall apart over finances. Andy gives importance to communication and continues to live a very nice happy life while utilizing that extra money to get their goals for tomorrow.    Focusing a lot of his time on creating the marriage that he really wants, the relationships that both he and his wife want. Trying to create the most epic relationships with his kids and spouse through spending quality time together while controlling his personal finances so that he can have the best family life.  Some Questions I Ask:   What is going on in your world right now when we’re talking about marriage, kids, and money? (01:30) How did you fall into this path that you’ve been on? (02:14) As you fall into this path, was that an intention from the start or was that something that started to evolve as you guys got deeper into these particular pillars? (04:02) What did that look like for you guys as you attack first the debts to live life according to your terms? (05:26) How do you allocate your money as it comes in? (09:06) Talk a little bit about that teamwork and partnership, what should people be communicating to their partner when it comes to finances and life goals? (11:58) What’s your thought on the decision-making process of a couple of having separate accounts or one joint account? (15:12) What does that budget party agenda look like? (17:33) What is your wealth plan look like and what are some of the people’s mistakes in growing the money strategically? (19:56) What’s your take on bad debt versus good debt? (23:02) How did you equip your kids with financial literacy? How you came about that plan and what it looks like?(24:46) What’s in your website marriagekidsandmoney.com and your playbook? (27:58) What are some of the common things that stood out to you from all the people that you’ve interviewed? (29:20) What are some of your goals look like and how are you planning on getting there? (30:26) If you were to leave somebody with one universal law when it comes to wealth building or unlocking more freedom in their life, what would you live them with? (31:36)   In This Episode, You Will Learn: The great way to live the life they want with no stress. (04:39) Andy’s ‘The budget party’. (08:08) The importance of dedicating the time to speak with your partner. (14:16) The quick and easy investment for busy people. (20:19) Quotes: “I have some extra responsibility.” “Continue to live a very nice happy life but then utilize that extra money to get our goals for tomorrow.“ “It takes a lot of teamwork to get there.” “Things might seem family-oriented but they are also very financially-oriented too.” “Look internally and decide what’s best for you.” “Enjoy yourself today because we don’t know what tomorrow is going to bring.” “We understand real estate does take some dedication.” Resources Mentioned: Mint Tiller Connect with Andy Hill on: Website Facebook Twitter Instagram YouTube Pinterest Marriage, Kids, and Money Podcast The Young Family Wealth Playbook

In This Episode of the Millionaire Mindcast, MattyA digs into 7 things he advises to avoid when starting your business or if you are looking to build a profitable and scalable business. He shares his wisdom and mistakes he made along the way that you can avoid and achieve success at a faster rate. Tune-In! Enjoy! Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: IneedAccountability.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

(2016 EPISODE REPLAY) With the recent release of the movie, "I am not your guru", Millionaire Mindcast decided to theme the week after the inspirational Tony Robbins. While many think Tony Robbins is just an inspirational speaker and personal development coach, he is also an extremely knowledgable and accomplished businessman who has built a massive empire by helping others become better versions of themselves. Matty A dives into Tony's best wealth-building advice and highlights the areas that you must focus on in order to continue strategically marching to that millionaire status. With a plan, discipline, and advice like this from the "guru" himself, you'll be better off after listening to this 5 min episode. Enjoy 

In this episode of the Millionaire Mindcast, we have a great guest, Nicholas Spohn, who talks about hypnosis, and NLP, how to use these skills to build relationships and rapport and how can that apply to personal relationships, and business settings! Nicholas Spohn is a Chief Psychological Strategist, certified hypnotist, NLP expert, amazing public speaker, coach, content creator, and a successful real estate investor. Nicholas has devoted his life to personal development. Through studying health, spirituality, psychology, hypnosis, NLP, reiki and various other modalities, he has created a comprehensive system to understand what drives human behavior. His mission is to share these ideas with the world. Nicholas thrives in reprogramming thought patterns in his international audiences and coaching clients around the world, including Olympic level athletes. Under the brands "#SpohnTrained" and "Align With Love" his services include keynote speaking and corporate training, Seminars and retreats, social media content including the #SpohnTrained Podcast, and one on one coaching. Nicholas has extensive training including training under Tony Robbins and Rock Thomas the founder of M1. He is also an NGH Certified Hypnotist and Reiki Master trained by his now business partner Sandra Grace. Nicholas got into real estate just to get out of his job and thought that was the thing for him. But he realized that his business is limited by his mindset, so he read books and started getting into classical psychology and spirituality. While building his real estate business, and increase his rental units, Nicholas is building his personal development brand at the same time, and keep balance in all the things he’s working on. He began training in hypnosis where he became spiritually and emotionally aware of. Nicholas learned how the environment, the nervous system, and other variables affect emotions and body language. Moreover, Nicholas is a guy that pursuing more. He is now creating a bunch of online courses, and public speaking. Nicholas believes in building deep relationships, and connections. He always finds ways to relate to every client he encountered. His goal is to bring the idea about love and rapport and how the mind works to society. As humans, we are meant to expand and grow. To him, fear is always the root. He learned that growth is going from fear-based emotions to love-based emotions. Once we get that fear down and emotions, everything changes. It takes yourself from a negative ego state into a resource state. Some Questions I Ask: What are some of the craziest or most exciting things that you’ve done in the last 6 to 12 months? (01:26) What is NLP mean to you? (02:06) Do NLP and hypnosis go hand in hand? (02:57) How are you taking people to NLP and hypnosis experiences? (04:02) What are some of the wildest stories that you’ve encountered with your clients? (05:39) What are some of the bigger things that you see people having blockages on when it comes to entrepreneurship or business or making money or wealth or relationships? (06:56) How do you work with people to manage those emotions on a much higher level to the results that they’re looking to create? (08:48) What does the highest vibrational space look like for you? (10:23) How do you tap into those states and how could somebody create those identities or persona and know when to tap it? (11:50) Why did you go down this path of mastering NLP and hypnosis and how it ties to your wealth-building or life plans? (14:37) How did hypnosis and NLP serve you and other people at a higher level? (15:53) What lead you into reiki and what is it? (18:05) What would you say to those people who are a little bit apprehensive to explore some of these areas? (19:17) How would you define your spirituality? (20:53) What mountain are you climbing right now and why are you climbing that mountain? (23:46) What’s your passive income goal and why? (24:36) How have you been able to build and expand your network? (25:41) How do you intend to capitalize on opportunities and expand relationships after the doors open? (27:32) Any cool or funny stories that you experience while you’re on Vegas that you can share? (29:45) What all did you give up and why? (31:06) What’s your take on mental health? (33:24) Any recommendations for people who are struggling with mental health or depression? (34:51) In This Episode, You Will Learn: How can we use language to shape our unconscious program. (02:26) What is hypnosis. (03:07) NLP - what it is all about. (03:36) Nicholas tapping protocol. (05:24) The variables that affect our state and how to manage it. (09:121 Nicholas's ego states. (10:39) How did Nicholas found this new level of blessed, focused, and energy. (31:12)   Quotes: “It starts with rapport.” “People like people like themselves.” “When you learned to use the mind to move that energy out, to change the programs, you can really do anything.” “Everything is always unique but there’s always a pattern.” “When you changed your feeling, you changed what you’re attracting to your life as well.” “Abundant oxygen, abundant mindset.” “My business is limited by my mindset.” “The more we can shed those layers of fear and judgment, the more we become loved, the more whole we are, and the better our lives are.” “People do business with people that they like.” “Take yourself from a negative ego state into a resource state.” “I’m a personal development guy at heart.” Resources Mentioned: Free Influential Language Hacks - free course Connect with Nicolas Spohn on: Website LikedIn Facebook Instagram YouTube Spohn Train Personal Development Podcast

In this episode of the Millionaire Mindcast, Matt shares his 5 step goal setting process that made him a millionaire. Tune in as he discusses the law of familiarity and how to properly set yourself up for success and achieve your goals through this goal-setting strategy. Enjoy! Show Brought To You By: TheRichLifeAcademy.com Episode Sponsored By: IneedAccountability.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