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Millionaire University

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Jun 21, 2024 • 53min

132. Chris Brown's Path to Financial Freedom with Billboards

Our host Brian Gearin interviews Chris Brown, owner of 'Signs of Good' to discuss how he achieved financial freedom through his nearly passive billboard company. Chris shares his inspiring journey of establishing a successful billboard company while working a day job.Starting in 2011, he grew his side hustle into a thriving business generating over $30,000 per month, leading to his financial freedom and early retirement at 42. Chris reveals the process of acquiring and building lucrative billboard locations, navigating the advertising industry, and creating a nearly passive income stream. The discussion highlights the importance of mentorship, persistence, and the potential for significant returns in the billboard business.Learn how Chris manages his business with minimal hands-on involvement, and discover the broader principles of entrepreneurship and generosity that guide his success.What we discuss with Chris+ Chris Brown's Journey into Billboards+ Acquiring the First Billboard+ Expanding the Billboard Portfolio+ Building Your Own Billboards+ Leasing vs. Buying Land for Billboards+ Digital vs. Static Billboards+ Fitting Graphics for Print+ Design Recommendations for Advertisers+ Importance of Clear Messaging+ Traffic Counts and Analytics+ Building a Streamlined Team+ Balancing Business and Lifestyle+ Expanding Beyond Local Markets+ Tips for New EntrepreneursThank you Chris!To learn more about creating your own billboard company go to Wantmore.org.Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.If you haven't checked out our episode on Mastering Brick and Mortar with JoJo Struebing, check it out here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 19, 2024 • 58min

131. How Alex Forbes Took His Love of Woodworking and Created a Seven-Figure Cabinetry Business.

From corporate real estate to custom cabinetry, Alex Forbes story is a testament to diving headfirst into your dreams and coming out on top. Alex, Founder of Lane 17 Cabinet Co, turned a hobby into a booming business. He shares his journey from a frustrating career in commercial real estate brokerage to founding a flourishing custom cabinetry business. Learn how Alex harnessed his woodworking passion and overcame numerous challenges to grow his business, even during a pandemic. Discover valuable entrepreneurial insights and the importance of taking action and continuous improvement to be come a 7-figure entrepreneur.What we discuss with Alex+ Alex Forbes' Origin Story+ Turning a Hobby into a Business+ Transitioning to Full-time Woodworking+ Early Challenges and Business Evolution+ Scaling the Furniture Business+ Pivot to Custom Cabinetry+ Growing pains and sustainability+ Marketing and Building a Client Base+ Expanding Nationally+ Closing Thoughts and Entrepreneurial AdviceThank you Alex!To connect with Alex, be sure to follow Alex Forbes on Twitter and Instagram (@lane17cabinetco) for a behind-the-scenes look at his woodworking journey. And to check out their beautiful custom cabinetry, go to lane17.com.Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.💡 Entrepreneurial Advice: "Don't be afraid to just try things and be confident in your ability to problem solve." - Alex Forbes 🏃‍♂️ Action Over Everything: Take action, learn, adapt, and keep moving forward! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 17, 2024 • 1h

130. From Side Hustle to Six Figures: How Carter Osborne Grew a Successful Tutoring Business

Ever thought college essays could be your golden ticket? Join host Brien Gearin and Carter Osborne, the mastermind behind a six-figure college essay tutoring empire. Carter spills the beans on how he turned a side hustle into a booming business, all while dodging pre-calc nightmares and SAT tutoring horrors. Discover his secret sauce for snagging clients, why he ditched traditional marketing, and how AI isn't stealing his thunder—yet. Packed with laughs and lightbulb moments, this episode is your go-to guide for turning passion into profit. Tune in and get ready to take some notes!What we discuss with Carter+ Meet Carter Osborne: From Side Hustle to Six-Figure Business+ Carter's Journey: From College Tuition to Tutoring+ Building a Client Base: The Power of Referrals+ The College Admissions Industry: Supply and Demand+ The Importance of College Essays+ Marketing Strategies: Word of Mouth and Referrals+ Business Logistics: Clientele and Sessions+ Seasonality in the College Admissions Business+ Navigating the Off-Season+ Student Roster and Workload+ Balancing Meetings and Offline Work+ Financial Margins and Business Models+ Transitioning from Full-Time Job to Entrepreneurship+ The Impact of AI on College Essay Consulting+ Challenges and Opportunities in Tutoring Business+ Final Thoughts and Entrepreneurial AdviceResources from this Episode:Carterosbornetutoring.comChatGPT.comGemini.google.comClaude.aiGoogle ProfilesYelp for BusinessThank you Carter!To connect with Carter, go to: Carterosbornetutoring.comSign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 14, 2024 • 41min

129. Mastering Brick and Mortar with JoJo Struebing

Kirsten interviews JoJo Struebing, an entrepreneur with a rich background in creating and managing brick-and-mortar businesses. The discussion explores things you should consider for starting a traditional business model, including location selection, market research, funding options, and creating a unique customer experience. JoJo shares her journey from corporate sales to owning and franchising a float therapy studio, emphasizing the importance of thorough planning and flexibility. Real-life lessons and expert insights make this episode a masterclass for aspiring brick-and-mortar business owners.What we discuss with Jojo+ JoJo's Entrepreneurial Journey+ Challenges and Insights of Brick and Mortar Businesses+ Importance of Location and Market Research+ Balancing Specificity and Flexibility in Business+ Financial Considerations for Brick and Mortar+ Key Factors for Success and Failure+ Adapting to Industry Changes+ Making Your Business Profitable+ Owner vs. Operator: Finding the Balance+ Leveraging Physical Space for Community Engagement+ Competition: Friend or Foe?+ Lessons from Rapid Expansion+ The Importance of Systems and Processes+ Starting Fresh: Building a Business from Scratch+ Passion vs. Opportunity: Finding the Right BusinessResources from this Episode:JoJo's Franchise Business: Altered States Wellness Thank you JoJo!We'd like to give a shout-out to today's sponsor, JoJo Struebing and her company Altered States Wellness. To connect with JoJo on LinkedIn click here.Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.If you enjoyed this episode with JoJo, let us know by clicking on any of the links below to send him a quick shout-out:Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 12, 2024 • 48min

128. How Rich Moyer is Building a Self Serve Tap Room Franchise Empire

How a former PGA Golf Pro turned successful entrepreneur and founder of Hoppin', one of the fastest growing taprooms on the market. In this episode of the Millionaire University Podcast, Brien Gearin dives into the fascinating world of self-serve bars with Rich Moyer, the entrepreneurial force behind Hoppin' Brands. Rich shares his journey from a PGA Golf Pro to a successful business owner, discussing the evolution, mechanics, and benefits of his unique taproom concept that has expanded to 11 cities. He provides insights into the streamlined, technology-driven customer experience, franchising strategies, and the essential value of happy employees. Rich's story offers invaluable lessons for aspiring entrepreneurs, highlighting the importance of taking action and embracing failure as a stepping stone to success.What we discuss with Rich:+ Introduction to Rich Moyer and Hoppin Tap Room+ Rich Moyer's Journey: From PGA Pro to Entrepreneur+ Launching and Expanding Hoppin Brands+ Concept and Technology of Hoppin Tap Room+ Franchising Hoppin Tap Room+ Franchisee Selection and Support+ Operating Challenges and Strategies+ Future of Hoppin Brands+ Conclusion and Advice for EntrepreneursThank you Rich!We'd like to thank Rich for sponsoring today's episode! If you're interested in franchising, you can reach out to Rich directly on LinkedIn and Instagram or you can go to OwnAHoppin.com. If you want to check their consumer website, HoppinBrands.com will lead you to all of their locations. If you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 10, 2024 • 58min

127. 9 Months, 11 Countries, and Countless Memories: Our Family's Unforgettable Trip Around The World with Justin and Tara Williams

55 Airbnbs, 17 flights, $1,400 in speeding tickets in Australia, are just some of the many things we experienced on our 9-month trip around the world. Join us in a lively and detailed recount of our nine-month trip around the world, exploring various countries, cultures, and experiences with our family. From go-karting in New Zealand to skiing in Zermatt and snorkeling in Tahiti, we share the highs and the lows and the tips and tricks after taking a leap of faith to sell everything we had to explore this beautiful world, all while running a business and doing online school as a family.What we discuss with Justin and Tara:+ Introduction & Episode Overview+ Travel Stats and Awestruck Experiences+ The Motivation Behind the Journey+ Selling Everything and Taking the Leap+ Challenges and Differences in the Journey+ Detailed Itinerary: Countries and Memorable Moments+ Encounters and Reflections Along the Way+ Final Thoughts on Travel and LifeIf you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Here are your shownotes! You had quite the adventurous journey. Let me know if there's anything you want to adjust or add. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 7, 2024 • 50min

126. Tax Planning Essentials for Business Owners with Jeff Trapp

Are you the typical business owner who dreads doing taxes when it comes to your business? Then this episode is for you. Host Erik Fisher interviews Jeff Trapp, founder of Tax Planning Pros, about ways to maximize your tax write-offs, how to maintain good records to ensure you avoid IRS scrutiny, and what to do if you are audited. We'll also discuss investing, how to prep your taxes if you're selling your business and we'll also clue you in on one of the biggest tax deductions most people are NOT taking now.So let's dive into the things you can be doing TODAY to create your booming financial future tomorrow!What we discuss with Jeff:+ Why Proactive Tax Planning Matters+ Key Differences Between Tax Preparation and Tax Planning+ Common Mistakes Business Owners Make with Taxes+ Getting Started with Proper Documentation+ Understanding Business Entities: LLCs, S Corps, and C Corps+ Leveraging Real Estate for Tax Benefits+ Introduction to Cost Segregation and Depreciation+ Investment Strategies for Tax Savings+ Preparing for a Business Sale and Tax Implications+ Hiring Family Members and Home Office Deductions+ Managing Taxes Across Multiple States+ Staying Informed on Tax Law ChangesThank you Jeff!Big thank you to Jeff for sponsoring today's episode! For more insights and resources from Jeff, check out the Jeff Trapp Podcast on Apple, Spotify, and other major podcast platforms. Get a free tax playbook at mytaxplaybook.com and learn more about Tax Planning Pros at thetaxplanningpros.com.If you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 5, 2024 • 57min

125. How to Start and Grow a Vending Machine Business with Little to No Money with Mike Hoffman

Building a lucrative income stream through vending machines is the discussion for today's podcast. Mike Hoffman from mrpassive.com shares how he transitioned from a career in sports science and real estate to managing 25 vending machines that yield significant monthly profits. The conversation covers the initial investment, operational strategies, and the high profitability of vending machines compared to stocks and real estate. Mike also emphasizes the growing potential of the vending industry, especially with technology advancements and market saturation ripe for disruption. Listeners can learn about the ease of starting and scaling a vending machine business, hiring strategies, and the long-term financial benefits and equity-building potential of this venture.What we discuss with Mike:+ Meet Mike Hoffman: From Sports to Vending Machines+ The Journey to Vending Machine Success+ Why Vending Machines Over Real Estate?+ Earning Potential and Location Strategy+ Getting Started with Vending Machines+ Stocking and Managing Your Vending Machines+ Hiring and Scaling Your Vending Business+ The Importance of Technology in Vending+ Disrupting the Vending Industry+ Buying and Valuing Vending Routes+ Expanding Vending Operations+ Vending in Hotels and Remote Management+ Time Commitment and Profitability+ Challenges and Liabilities in Vending+ Future of the Vending Industry+ Final Thoughts and AdviceThank you, Mike!A BIG thank you to Mike for sponsoring today's episode and for sharing so much value! To learn more about starting your own vending machine business, go to Mr.Passive.com.And to connect with Mike check him out on Instagram and Youtube.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Sign up for our FREE Millionaire University Business Course - Understand the 7 Phases of A business, so you know where you are now and where you need to go next! Go to https://www.millionaireuniversity.com/training.Wanna get social? Click on any of the links below to connect with us.Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 3, 2024 • 26min

124. The Top 6 Ways To Come Up With Your Business Idea with Justin and Tara Williams (Replay)

One of the reasons people get hung up on starting a business is that they think they need to have this big, crazy, original idea. That's just not the case. There are a million ways to make a million dollars. All you need is one simple idea and you're probably much closer than you think. In this episode, Justin and Tara cover the six different ways to come up with YOUR big idea.(Original Air Date - 2/17/23)What we discuss with Justin and Tara:+ Welcome to Millionaire University+ The Big Idea: Financial Independence and Abundance+ Six Different Ways to Come Up with Your Big Idea+ Go with Your Gut: Implementing Your Idea+ The Importance of Product Research+ The Reality of Starting a Business+ Figuring Out Your Product Quickly+ Committing to Your Business Idea+ The Danger of Being Fickle+ The Importance of Taking Action Quickly+ The Difference Between Squirrel Moments and Intelligent Pivots+ The Power of Picking a Skill or Topic+ The Potential of Improving Existing Tools or Services+ The Value of Asking Others About Their Businesses+ The Power of Google for Business Ideas+ Conclusion: Committing to Your Big IdeaResources from this Episode:To get more help on coming up with your business idea, check out this blog post: Coming Up With Your Business IdeaWant 300+ ideas for your business, check out our FREE Business Training where we include all of these!If you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 31, 2024 • 13min

123. The Only 3 Things Every Business Needs with Justin and Tara Williams (REPLAY)

The Only 3 Things Every Business Needs with Justin and Tara Williams (Replay)Starting a business isn't easy, but it's not that hard either. One of the reasons some business owners struggle is that they get easily distracted with things that have little to no impact on their business.In this episode, we discuss the only 3 things that really matter in your business. This will be critical to understand as you grow your business. (Original Air Date - 2/16/23)What we discuss with Justin and Tara:+ Introduction to the Millionaire University Podcast+ The Importance of Focus in Business+ The Three Essential Elements of Every Successful Business+ The Role of Distractions in Business+ The First Essential Element: A Product or Service+ The Second Essential Element: Selling the Product or Service+ The Importance of Embracing Sales+ The Third Essential Element: Delivering on the Promise+ The Role of Systems in Business+ The Game of Business+ The Importance of Taking Steps into the Darkness+ Summary and Next StepsResources from this Episode:Knowing what NOT to do in your business is sometimes just as important as knowing what to do. Check out this article, to learn more about The Only 3 Things Every Business NeedsSign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices

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