Millionaire Mindcast

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

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