The Intrinsic Value Podcast - The Investor’s Podcast Network

Entrepreneur Connor Gross shares strategies for generating cash flow with online businesses and investing in physical assets like real estate. Topics include the current state of self-storage deals, the importance of unlevered yield on cost, the impact of interest rates on real estate portfolios, the e-comm business model, starting an e-comm business, and getting the first customers. They also discuss strategies for buying and improving self-storage facilities, understanding e-commerce as a business model, entering a market with little competition, and the power of compound efforts.

Jeremy Deal, founder and portfolio manager at JDP Capital Management, discusses finding companies that thrive in any market, valuation in investments, developing conviction for holdings, holding a handful of companies, and learning from mistakes.

Jacky Chou, expert in building an online business empire, discusses starting an e-comm business, product selection strategies, upcoming trends in niche websites, best online business models, and whether content sites are dead or not.

Patrick Donley (@JPatrickDonley) sits down with Mitchell Baldridge to chat about his thesis of buying a business, buying real estate, employing tax strategies, enjoying the cash flow, and paying little to nothing in taxes. You’ll also learn in more detail about the tax benefits of owning a small business, why a cost segregation study makes sense, what it has been like launching several new companies, and how Twitter has accelerated his career by decades.Mitchell Baldridge is a Certified Public Accountant and Certified Financial Planner with vast experience in corporate accounting, business advisory, and financial planning. His passion is building lifelong relationships with business owners to help them thrive. He founded Baldridge Financial in 2014 to realize his dream of helping business owners achieve their financial goals.He’s also involved in several other businesses including Better Bookkeeping, RE Cost Seg, and Tax Credit Hunter. IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro02:40 - What Mitchell’s thesis is for wealth and tax optimization.04:48 - What a Real Estate Professional is.06:39 - What the tax benefits of owning a small business are.09:50 - What the different retirement plans are that solopreneurs can take advantage of.12:40 - What is qualified business income?14:55 - Why it is important to stay current on the tax codes.15:36 - What are the benefits of cost segregation?29:30 - How Mitchell teamed up with Nick Huber and what their competitive advantages are.32:06 - How Mitchell got Better Bookkeeping started.44:02 - Why the distribution Twitter provides has been so critical to his success.49:42 - What lessons he learned from Sam Zell.51:41 - What are the two questions he asks before pursuing an opportunity?59:01 - How he would spend $1000 if he was starting a new business.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. The Everything Guide to House Hacking by Robert Leonard. Smart Friends podcast. Related Episode: Listen to REI173: The Power of Cost Segregation w/ Yonah Weiss or watch the video here. The Goal by Eliyahu Goldratt. The Power Broker by Robert Caro. Kevin Kelly’s 1000 True Fans. The General Ledger newsletter. The Almanack of Naval Ravikant by Eric Jorgenson. Unreasonable Hospitality by Will Guidara. Shoe Dog by Phil Knight. Scaling Up Compensation by Verne Harnish. Who Is Michael Ovitz? by Michael Ovitz. Confessions of an Advertising Man by David Ogilvy. Better Bookkeeping. Cost Segregation - https://recostseg.com. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORSSupport our free podcast by supporting our sponsors: TurboTax Public Airbnb Connect with Patrick: Twitter Connect with Mitchell: Twitter | WebsiteSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Nick Maggiulli, COO and Data Scientist at Ritholtz Wealth Management, discusses growing income to build wealth, building additional income streams, eliminating guilt in making larger purchases, dollar-cost averaging, and reconsidering maxing out 401k contributions.

Mike Vranjkovic, Founding Partner and Managing Director of Empire Flippers Capital, talks with Robert Leonard about investing in and building online businesses. They cover various online business models, including FBA businesses and niche sites, as well as the impact of AI. They also discuss the valuation and sale process of online businesses and how to invest in them.

David Sherman talks all about SPACs (special purpose acquisition company), why some companies would prefer to IPO through a SPAC, and much more!IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro01:42 - What SPACs are and how they work.09:16 - Why some companies would prefer to IPO through a SPAC rather than the traditional IPO process.15:27 - Why the incentive structure of the SPAC IPO process is sub-optimal.31:09 - How pre-merger SPACs offer an interest risk/return profile.53:21 - David’s thoughts on the overall current market environment.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out CrossingBridge Advisors. CrossingBridge’s SPAC Videos & Pre-Merger SPAC ETF. SPACinformer.com. Related episode: Listen to MI086: SPACs And Electric Vehicles w/ Peter Cuneo And Avinash Rugoobur, or watch the video. Related episode: Listen to TIP381: High Yield Masterclass w/ David Sherman, or watch the video. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORSSupport our free podcast by supporting our sponsors: Airbnb Connect with David: Website | LinkedIn   Connect with Clay: TwitterHELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Robert Leonard chats with Chris Pedersen, who is an engineer by training, and new opportunity finder by nature & Paul Merriman, who is a nationally recognized authority on mutual funds, index investing, and asset allocation. They talk about how young investors should be thinking about inflation, financial advisors, ETF investing strategies, how to supercharge and simplify your investments, how to start a financial education non-profit and more!IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro02:26 - Why a financial education foundation was needed.14:15 - The difference between fee-based and AUM financial advisors.21:26 - What the ultimate buy and hold strategy is.24:29 - How to simplify your investing and maximize returns with ETFs.38:52 - How young investors should be thinking about inflation.43:55 - Misconceptions around money and investing.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Free book: We’re Talking Millions. Free book: 2 Funds for Life. The Merriman Financial Education Foundation. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORSSupport our free podcast by supporting our sponsors: ⁠CFI Education⁠ ⁠Airbnb⁠ Connect with Robert: Twitter | WebsiteConnect with Chris: WebsiteConnect with Paul: WebsiteSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Patrick Donley interviews Nick Huber, a serial entrepreneur, investor, and content creator focused on real estate and small business. Nick discusses how he uses Twitter to launch businesses and gain a larger following. He emphasizes the importance of leading an interesting life to attract more followers and openly shares his playbook. Nick has co-founded six companies in the past nine months, including Bolt Storage, which owns 1.8M square feet of self-storage facilities across 62 locations in 11 states. He has also published 400+ podcast episodes, 200+ articles, and thousands of tweets, sharing his philosophy on life and business while building his start-up portfolio.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro02:56 - How Nick has been able to use Twitter to launch several businesses.05:09 - The importance of distribution.05:39 - How hiring overseas talent has been a game changer.10:22 - Why you need to be leading an interesting life to gain a large Twitter following.20:58 - Why he shares his playbook openly.25:21 - What the downsides of Twitter are.26:16 - How he thinks about his social media strategy.26:37 - Why following your passion might not be a wise move.37:32 - What his current market views are.39:11 - How to find the right people to get advice from 41:08 - What asset class he would focus on if he were just starting out today.42:52 - How he manages his time launching several businesses and creating content.47:24 - What the end game is for Nick.47:49 - What the three levels of wealth are.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. The Everything Guide to House Hacking by Robert Leonard. Business Brokerage – https://nickhuber.com. Personal Brand – https://sweatystartup.com. Self Storage – https://boltstorage.com. Bold SEO – https://boldseo.com. Insurance – https://titanrisk.com. Recruiting – https://recruitjet.com. Landing Page / Web Development – https://webrun.com. Overseas Staffing – https://supportshepherd.com. Debt and Equity – https://bluekeycapital.com. Tax Credit – https://taxcredithunter.com. Cost Segregation – https://recostseg.com. Performance Marketing – https://adrhino.com. Pest control – https://spidexx.com. SPONSORSSupport our free podcast by supporting our sponsors: TurboTax Public Airbnb Connect with Patrick (@jpatrickdonley): TwitterConnect with Nick Twitter | WebsiteSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fmSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Arif Karim, senior investment analyst at Ensemble Capital, discusses the importance of pricing power, Costco's spectacular pricing power with low margins, the investment case for Ferrari, and the concept of idiosyncratic businesses.