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Tribe of Millionaires Podcast

Latest episodes

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May 31, 2022 • 1h 16min

E203: The Legendary Entrepreneurship with Christopher Lochhead

Today’s episode is a smorgasbord of explosive information that you definitely don’t want to miss! Entrepreneur, author, and category designer Christopher Lochhead discusses why comparison marketing and personal branding don’t work, the concept of category design, and what makes a legendary entrepreneur. A former three-time Silicon Valley public company, chief marketing officer, and startup advisor, Christopher is an author of a couple of books and the host of two different podcasts, Follow Your Different and Lochhead on Marketing. He also has a newsletter called Category Pirates. Brace yourself as Christopher challenges the way you’ve set up your mental scaffolding! Here are some power takeaways from today’s conversation: [01:30] Getting thrown out of school and learning about his learning differences [02:45] Entrepreneurship as a way out [06:27] What it means to have a different brain [07:57] Creating a place where you fit in [14:51] The Category Design concept [18:01] Why everything taught to us about entrepreneurship is all wrong [22:00] The implications of comparison marketing [29:07] The two kinds of thinking: reflexive vs. reflective [34:45] Why focus on positioning the problem over the solution [40:26] How to get from being reflexive to reflective [45:28] Why legendary entrepreneurs are visitors from the future [50:34] What makes legendary entrepreneurs: missionary vs. mercenary [53:07] Why more than 90% of startups fail [61:11] Why personal branding doesn’t work Notable quotes from the Episode: "For many of us, entrepreneurship is a way up... But for more of us, entrepreneurship is a way out." “There's a comfort, a primordial comfort, a survival instinct that human beings have to fit in as a group. Unfortunately, the most legendary people you've ever met did not fit in." "Companies and individuals that design their categories are best positioned to dominate them. And when they dominate them, they earn two-thirds of the economics." “Category-creating companies in the fastest 100 companies growing list in the U.S. are valued roughly 5x more than their other fast-growing peers.” "Thinking about thinking is the most important kind of thinking, and most people don't think." Connecting with the Guest Website: https://lochhead.com Podcasts: Follow Your Different, Lochhead on Marketing Newsletter: Category Pirates Connect with our growing community: Apply to GoBundance: https://www.gobundance.com/membership Instagram: https://www.instagram.com/gobundance/ Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 27, 2022 • 47min

E202: From W-2 to Full-Time Real Estate Investing with Mehdi Khachani

From Morocco to Montreal to Miami, Mehdi Khachani certainly networked his way through building his thriving real estate business. His formula is simple: do the things you love and everything else follows. In this episode, Mehdi shares his journey of transitioning from his engineering job to doing full-time real estate investing, along with his wife. Together, they formed a real estate company which they’ve vertically integrated, doing property management, working with investors, brokerage, and general contracting. Now, they are managing 600 units, mostly multifamily in Miami,  and they’ve also bought their own properties. In the next few years, their vision is to acquire 1,000 units, and from there, leverage their other businesses to support the investment. Here are some power takeaways from today’s conversation: [01:02] Mehdi’s educational and career background [04:48] His thesis presentation in China that landed him a job in L.A. [07:57] Moving to Miami and focusing on real-estate [11:06] Mehdi’s real estate portfolio [13:27] Their company structure [15:51] Their company’s current focus and their next steps [16:46] What it was like leaving his W-2 job [21:24] Working through this fear [24:55] Where Mehdi is allocating his time right now [29:06] The impact of GoBundance in his decision-making process [33:39] Mehdi’s horizontal income [36:33] Mehdi’s health and fitness routine [38:56] His happiness index and giving back to the community [42:17] Mehdi’s travel bucket list Notable quotes from the Episode: “You leverage your strengths… you don't want to work on building your weaknesses. You'd rather leverage what you're good at.” "As long as you do the right thing in the short term, eventually, things will work out for the long term." “Make sure that without working, you're able to cover expenses.” “It's so important to do something that you're passionate about and that you feel good about. Because eventually, as long as you're doing that, things work out for you.” Connecting with the Guest Website: https://jmkre.com Email: mehdi@jmkpropertyinvestment.com Connect with our growing community: Apply to GoBundance: https://www.gobundance.com/membership Instagram: https://www.instagram.com/gobundance/ Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 24, 2022 • 43min

E201: The Power of the Ask with Heather Monahan

If you’re afraid of asking for what you want, then you will never get what you want. Today’s guest, top speaker and bestselling author, Heather Monahan, has trained herself since she was young - to ask for what she wants. As you wire your brain to do that, you’re also slowly building your confidence and simultaneously climbing the ladder of success. Heather Monahan is a Top 50 Keynote Speaker in the World as of 2022 and bestselling author of two books, Confidence Creator and Overcoming Your Villains. She also has a top podcast called Creating Confidence. In this episode, Heather shares her career journey from getting fired to creating her personal brand. She later realized what happened to her was a good thing because more wonderful opportunities came out of it. Here are some power takeaways from today’s conversation: [01:22] Heather’s family and career background [04:43] Creating her personal brand that got her fired [10:25] The backstabbing culture involving women in corporate America [13:56] Revisiting the time she got fired [15:25] How her confidence started to chip off [21:23] Responding vs. reacting [23:03] Tactics to build your confidence [24:20] Shifting your mindset from feelings of lack to gratitude [27:36] The opportunities that came after she got fired [30:05] How she found the courage to write a book [31:24] How she got into speaking and executive coaching [36:36] The power of asking for what you want Notable quotes from the Episode: "Don't let people tell you that you have to be put in a box or show up a certain way." "Don't react, respond. When you react, you allow someone to control you, puppeteer you. When you respond, you take all the power back." “A closed mouth never gets fed… sales is all about the ask. It's not about the nos. It's about getting to the one yes.” “You've got to start training yourself, no matter how scary it is, no matter how hard to do stupid things that you're going to ask for it.” Connecting with the Guest Website: ​​ https://heathermonahan.com/ Podcast: https://heathermonahan.com/podcast-creating-confidence-with-heather-monahan/ Books: https://www.amazon.com/Heather-Monahan/e/B07BNX96Z1 Connect with our growing community: Apply to GoBundance: https://www.gobundance.com/membership Instagram: https://www.instagram.com/gobundance/ Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 20, 2022 • 56min

E200: Education (Not Just College!) is the Pathway to Success with Paul Sloate

An experienced entrepreneur, an investor, and a family advisor, Paul Sloate joins our discussion today to impart his knowledge and wisdom in the world of wealth management and finance. Paul transitioned from music to the commodities business and then jumped into the wealth management wagon until he finally found his niche in investment advisory. Paul advises successful families on wealth preservation, legacy creation, and next-generation transformation. In this episode, Paul illustrates the difference between wealth management and investment advising, and how the latter allows him to lay out the groundwork and the roadmap to give families better options. Here are some power takeaways from today’s conversation: [01:10] Paul’s family, career, and educational background [12:21] His transition from wealth management to investment advisory [18:14] What goes into investment advising [20:45] What family businesses need to think about [22:14] Investing trends based on the risk profile [26:10] Seeing wealth building at a 50,000-feet level [28:20] Paul’s passion for education [34:34] How the lack of education is the next generation’s big risk [36:19] Paul’s family life [42:19] What draws Paul to the GoBundance community [43:38] A look into the world of multifamily office [50:20] Biggest lessons from his greatest failure [51:33] The concept of core customer concentration Notable quotes from the Episode: "There's the maker generation that makes the initial wealth. Then you'll have a second generation, which often builds wealth. And then you have a third-generation that doesn't necessarily build and they actually decrease the wealth over time. That's the classic right familial pattern over time." "Business models come and go… and what's new today won't be new in 10 years." "As businesses and industries mature, scale becomes more important or you have to have a clearly defined niche that you can own where the niche is big enough that you can exist, but will not bring large competitors in to compete with you in that niche." "I have always thought of education as the pathway to success at some level. I'm not saying a college education. There's a big difference. Not everyone should get a college education. I think that's a problem with this country is that they think everyone should get a college education." "Core customer concentration comes down to how big a piece of your overall business is a single customer." Connecting with the Guest Education Works: https://educationworks.org/ LinkedIn: https://www.linkedin.com/in/paul-sloate-83a1527/ Connect with our growing community: Apply to GoBundance: https://www.gobundance.com/membership Instagram: https://www.instagram.com/gobundance/ Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 17, 2022 • 21min

E199: It’s Not ‘Fake It Until You Make It,’ It’s Channeling Future You - with Ryan Serhant

Wishing you’d land that massive business deal one day? Well, sure, keep on wishing. But you’ve got to do it the right way, by channeling your big money energy. In today’s episode, Ryan Serhant, a top real estate broker, author, and reality television actor, talks about how you can manifest wealth by believing in future you and shifting your mindset, which shifts your behavior, which shifts your success. Ryan is the star of Bravo's Million Dollar Listing and author of bestselling books including Big Money Energy and Sell It Like Serhant. Ryan is also one of our keynote speakers at the Global GoBundance Conference in Miami. Listen in as Ryan compares the process of business vs. the process of being an actor, what his “oak tree” looks like, how we’re shifting into a gig economy, balancing life, and how your habits control your fate. Here are some power takeaways from today’s conversation: [01:50] Ryan’s theater background [04:01] Learning the business of being an actor [05:38] The massive shift to a gig economy [09:02] Ryan’s oak tree [10:44] Big money energy vs. bullshit money energy [13:11] The scariest and greatest thing about technology [14:35] How to balance career and family [18:59] An overview of Ryan’s speech at the Global GoBundance Conference Notable quotes from the Episode: "The process of learning to act and the craft I found was important. But you aren't taught the business of being an actor." "By 2025, 50% of the workforce in the United States will classify as part of the gig economy. There's a massive occupational shift happening now!” “We all have an oak tree, you've just got to figure out what it is.” “There is a real difference between fake it till you make it and believing in the power of future you.” “You have to have something in front of you that reminds you every day of where you want to go.” Connecting with the Guest Website: https://ryanserhant.com/ Books: https://www.amazon.com/Ryan-Serhant/e/B07DTZJ9MT Connect with our growing community: Gobundance:  https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 13, 2022 • 56min

E198: Deals Through a Volume-Based Text Approach and Leveraging a Strong Broker-Investor Relationship with Ryan Stenberg

Finding deals doesn’t have to be too complex, you just have to find the right system, processes and people. Investor and entrepreneur, Ryan Stenberg uses a volume-based text approach in finding deals and has also created a strategy to effectively develop broker-investor relationships - becoming a marketing agent for brokers and helping them find deals they’ve never done before. Ryan looks towards real estate as a high confidence way of building horizontal income and escaping the need to work a nine-to-five salaried job. In just less than two years, Ryan was able to build a capital-raising arm that enabled him and his partners to do multiple deals. Here are some power takeaways from today’s conversation: [01:25] Ryan’s career background [04:07] The inverse relationship between a traditional job  vs. your time [06:13] Choosing what you want vs. what society wants for you [10:45] Ryan’s EdTech startup experience [14:07] His introduction to real estate investing [18:30] The concept of controlling your deal flow [21:07] The volume-based text approach [24:18] Ryan’s data pipeline system [31:45] The response from their text campaigns [34:00] Becoming a marketing agent for the brokers [38:01] What his standard syndication looks like [46:13] Technologies for texting platform [48:31] His takeaways from joining GoBundance Notable quotes from the Episode: "The reward system is you get this linear increase in pay, and you get an exponential decrease in your free time." “If you don't choose what you want, society will choose for you.” “Ours is a volume-based text approach… the deals that we're bringing to the table are deals that most of these brokers had never seen before.” Connecting with the Guest Website: https://www.westeggrealestate.com/ LinkedIn: https://www.linkedin.com/in/ryan-stenberg-3092a1b0/ Email: ryan@westeggrealestate.com Connect with our growing community: Gobundance:  https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 10, 2022 • 19min

E197: Takeaways From The Global GoBundance Conference

Recently, the Global GoBundance Miami Conference was held in Miami, Florida. It was well-attended, providing its members a space for people to not only gain content, but most importantly, to network and connect. Aside from the notable list of speakers, we had breakout sessions on personal branding, mindset, estate planning, crowdfunding – most of which were led by GoBundance members Erik Cabral and Jason Drees. In this episode, I'm sharing my THREE takeaways from the Global GoBundance Miami Conference, specifically, the importance of setting intentions prior to the event, leading with giving and allowing that giving to give you the get, and finally, collaborating with these amazing members in the community. Hopefully, this gives you a sense of what it is to be a member of GoBundance. Here are some power takeaways from today’s conversation: [02:17] A list of some A-list speakers at the event [03:30] My personal experience [04:27] A space for networking [05:45] The power of setting intentions prior to the event [09:00] Leading with giving and allowing that to give you the get [12:17] Collaborating with amazing people in this community [16:06] Getting your feet wet by becoming a member of GoBundance Notable quotes from the Episode: "Whenever you're going to an event or if you're joining GoBundance, set an intention." "You have to lead with giving, and just allow that to get you." "Giving without expectation, but understanding that showing up consistently and giving whatever you can, to this community, is how you get.” Resources: Global GoBundance Miami Conference https://www.gobundance.com/gobundance-2022-miami Connect with our growing community: Gobundance:  https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 6, 2022 • 1h 2min

E196: The Power of Transparency in Partnerships with Paul Xavier

Taking imperfect action is better than no action. Today’s guest, Paul Xavier, is has proven himself to be a man of action - even if it’s not perfect. In today’s episode, Paul shares his journey of creating ContentCreator.com as well as the failures and challenges that he faced yet ultimately led to his success in the online education space. Paul also shares some takeaways in real estate investing, specifically the importance of transparency in partnerships, being okay with figuring things out along the way, and the power of human connection. Here are some power takeaways from today’s conversation: [02:14] Paul’s family and career background [06:48] Building his first-million dollar coaching company [07:49] Creating the 14-Day Filmmaker Course [11:45] Why the online education space has a negative reputation [14:30] Making an affordable yet effective online education program [17:46] The most effective launch strategies [22:01] The minimum viable product compass [22:38] Providing value through clarity [24:23] Paul's real estate investing journey [30:15] Lessons Paul learned from real estate investing [33:12] How fear causes paralysis in taking action [43:00] The power of human connection [45:49] When it’s time to walk away [47:00] Paul’s horizontal lines of income [49:07] Getting his team to get into the real estate space [51:07] Paul’s diet and exercise routine [55:13] Paul’s happiness index score Notable quotes from the Episode: “Imperfect action is always better than no action.” "Make sure that you have those harder conversations upfront as you can. And if they're unwilling to share data points about an investment with you, walk away. There's another expert out there who's willing to share everything with you.” “At the end of the day, you need to feel confident with whoever you're partnering with.” “Paralysis in taking action comes from fear. It comes from fear of an obstacle, it comes from fear of a challenge coming your way, and there's nothing wrong with being afraid. But that's what courage is for." Connecting with the Guest Website: www.contentcreator.com Email: paulx@contentcreator.com Connect with our growing community: Gobundance:  https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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May 3, 2022 • 26min

E195: 3 Takeaways, 3 Favorite Episodes, 3 Years of Membership

Joining GoBundance has been one of the smartest decisions I’ve ever made in life. And if you’re wondering why, today, I’m going to talk about my three biggest takeaways from my three years of membership at GoBundance. My goal is to add value in any way I can to everyone listening to this podcast. I’m also going to share my three favorite interviews along with the top five most listened to episodes, which are most listened to for a reason – and it’s up to you to unlock that wealth of information, which I suggest you start doing today! Here are some power takeaways from today’s conversation: [02:38] The imposter syndrome [05:17] Adding value to the community [06:01] It’s not what you get, it’s what you give [07:39] Becoming more purposeful with your time [11:53] Leaving your W-2 [17:05] 5 Tribe of Millionaires episodes most listened to [18:16] 3 Tribe of Millionaires episodes I enjoyed the most [22:32] Are you qualified for GoBundance? Apply! [22:54] Our Emerge and Ascend programs 5 Most Listened-To Episodes: 1. Matt Onofrio 2. Brandon Turner 3. Rachel Gainsbrugh 4. Jason Drees 5. Dale Corpus 3 Personal Favorite Episodes: 1. Sean Casey 2. Ken Lock 3. Michael Franzese Connect with me: Instagram:  @TheJamieGruber Connect with our growing community: Gobundance:  https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge (Promo Code: JAMIE) Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.
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Apr 29, 2022 • 1h 14min

E194: Breaking the Archetype of a Self-Made Millionaire with AJ Osborne

What would you do if you were in pain every day? Today’s guest, entrepreneur, and investor AJ Osborne was diagnosed with Guillain-Barre Syndrome, a rare autoimmune disease that got him temporarily paralyzed and living with pain every day, up to this day. This, however, didn’t stop him from reaching his full potential. He currently owns and manages his self-storage portfolio of over $200 million in assets. AJ Osborne is also the author of The Investors Guide to Growing Wealth in Self-Storage and host of the podcast Self Storage Income. In today’s discussion, AJ shares his inspiring journey, living with Guillain-Barre Syndrome, and how he’s making an impact in the world of self-storage. At first, self-storage was purely a cash flow business for AJ until they developed a system focused on yield, thereby creating a self-storage ecosystem that increased their equity and doubled their revenue. Here are some power takeaways from today’s conversation: [01:28] AJ’s family background [03:00] Why they started investing in self-storage [06:24] The self-storage business disguised as real estate [07:31] Identifying yield-drivers [08:31] Creating the self-storage ecosystem [10:56] Buying underperforming self-storage facilities in incredible markets [12:42] Improving equity instead of changing your debt structure [14:20] AJ’s story of going into a coma and becoming paralyzed for months [22:02] What caused his Guillain-Barre Syndrome [26:12] Having compassion for people who are suffering [30:04] Having reasonable conversations around getting vaccines [35:11] AJ’s current condition dealing with pain every day [44:46] How your mind doesn’t distinguish [48:49] Breaking the archetype of the self-made millionaire [50:04] Giving back to the community [55:34] Controlling your investments by understanding your risks [56:56] The margin of stupidity [63:12] The best time to bring people in when scaling [68:30] Finding a solid support system Connecting with the Guest Website: https://www.cedarcreekwealth.com/ Book: The Investors Guide to Growing Wealth in Self Storage Podcast: Self Storage Income Connect with our growing community: Gobundance:  https://www.gobundance.com/ Apply: https://www.gobundance.com/membership Facebook: https://www.facebook.com/gobundance LinkedIn: https://www.linkedin.com/company/gobundancegbl/ YouTube: https://www.youtube.com/user/GoBundance Twitter: https://twitter.com/GoBundance Tiktok: https://www.tiktok.com/@tribeofmillionaires Not a millionaire yet but want to be a part of our ecosystem? Check out EMERGE by GoBundance. Enroll Today! https://www.gobundance.com/emerge Interested in starting your own podcast or handing off your production to a qualified team? Email erik@onairbrands.com to learn how we're making the world better, one mic at a time.

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