The Lifestyle Investor - Investing, Passive Income, Wealth

By his 35th birthday Mike Michalowicz had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor. But to his surprise, what he thought he knew about building a successful company, was all wrong — which led to him losing his entire fortune. He lost his house, his cars, and even had to tell his 9 year old daughter that her horse riding lessons were no longer affordable. Driven to find better ways to grow healthy, strong companies, he created the Profit First system — which is now used by hundreds of thousands of companies across the globe to drive real profit.Since starting over, Mike has built two new multi-million dollar ventures and has had 52 consecutive quarters of profit distributions for his businesses.In today’s episode, Mike explains how he lost everything betting on seemingly successful companies, the problem with growing a business too slow or too fast, and the simple formula that leads to a truly profitable and successful business! Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/42Free Gifts from Mike Michalowicz!To help you take your entrepreneurial journey to a whole new level, he’s sharing his four most popular keynote recordings, including “Profit First”, “Pumpkin Plan”, “Different Is Better”, and “Fix This Next” - all of which are based on his bestselling books.To get access to the video, visit JustinDonald.com/42Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today, I’m speaking to Garrain Jones! For over 2 years, Garrain lived out of his car and was over $300,000 in debt. If life wasn’t miserable enough, he then spent 2 ½ years in prison for selling heroin. But through these challenges, and many other tragic events surrounding his life, Garrain found his purpose and was able to completely change the trajectory of his life. Today, he’s a transformation coach, business coach, speaker, author, health and wellness advocate, and serial entrepreneur who has motivated and inspired thousands of people around the world. He is living proof that your circumstances can change, IF you’re willing to change the way you think. In his bestselling book, Change Your Mindset, Change Your Life: Lessons of Love, Leadership and Transformation he shares his proven process for removing lifelong struggles (starting from within), and gives you the tools to attract prosperity and passion in all areas of your life.In our conversation, you’ll get to hear his powerful story and how he overcame seemingly insurmountable obstacles. We also talk about the power of mindset, how he turned his life-long pain and struggle into passion, and why anyone (regardless of their current circumstances) has the power to live a happy and abundant life! Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/41Free Gifts from Garrain Jones!Garrain has a gift for Lifestyle Investor podcast listeners!He’s sharing his special morning routine for greatness, which he calls The Panda Pour Hour. This simple, yet powerful exercise will train your brain to build momentum, accomplish more, and feel more energized than ever before! To get access to the video, visit JustinDonald.com/41Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today, I’m speaking with Tony Cappell. Tony is the Principal and Co-founder at Chicago Atlantic Group — a private market investment firm combining deep expertise with an entrepreneurial approach to multi-asset class investing.As a debt investor with over 10 years of experience in the specialty finance space, Tony has completed over 150 deals comprising over $5B in total credit.Prior to founding Chicago Atlantic, Tony was a Managing Director and Head of Underwriting at Stonegate Capital, a private credit investment firm that specializes in the cannabis industry. At Stonegate, he was responsible for credit, underwriting and the growth strategy of the loan portfolio.Tony is an unbelievable source of information when it comes to understanding loan and fund structure. He knows exactly what to look for when it comes to protecting the downside and mitigating risk. He’s also a wealth of knowledge when it comes to enhancing a deal and creating opportunities to earn better returns — or what I like to call, income amplifiers!  And today, you’ll hear us talk all about it! We dig into debt structure, strategies for de-risking a deal, how to negotiate better terms with things like equity kickers and liquidation preference, and why regulatory arbitrage is creating a massive opportunity in the cannabis industry. That, and a whole lot more!Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/40Free Gifts from Tony Cappell!Get Tony's free report, Cannabis Industry Market Analysis & Investing Insights. To get access to the offer, visit JustinDonald.com/40Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today, I’m speaking with JP Newman. JP is the Founder and CEO of Thrive, FP — a relationship based private equity firm focusing on real estate projects that make a real impact. Their focus is on generating profit for investors, while also improving tenant communities for the greater good. The way JP see’s it, when residents thrive, a property succeeds—and when a property succeeds, investors win.Since 2009, JP and his partner (Adrian Lufschanowski) have done over a billion dollars in real estate transactions and have acquired more than 11,000 units. Few businesses strive to create prosperity, but JP’s company is proof that it’s possible to invest with purpose and create wealth and success where everyone succeeds.  In our conversation, JP shares his story from quitting a lucrative career with SONY and his humble beginnings as an investor, to building a real estate empire focused on building community and doing social good.You’ll also learn about the capital stack structure, important questions to ask a syndicator, and one of the most unique tax-advantaged deals I’ve ever heard of when it comes to multifamily real estate.Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/39Free Gifts from JP Newman!Get a special bonus from JP and the president of Thrive, FP, outlining their outlook on the future of multifamily real estate. If you’re trying to figure out (after a global pandemic) if now is a good time to invest in real estate, you’ll love their point of view and the insights they have to share.  To get access to the video, visit JustinDonald.com/39Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From a very young age, we’re taught that in order to earn money, there has to be an exchange of time. To make more, you have to work more. The problem is, there’s only 24hrs in a day, so the earned income model completely limits how much money you can make.   Sure, you can level up by making a higher hourly wage or working more hours, but beyond that, you’re stuck. As a result, people will settle for mediocrity. They end up building a lifestyle around what they get paid, rather than building their pay around the lifestyle that they truly want.It’s a trap! One that most people don’t know how to escape. Which leads me to today’s episode of the podcast… I’m speaking with Dr. David Phelps. David worked on the dental practice hamster wheel for over 20 years before being punched in the gut by his daughter’s life-threatening battle with leukemia, epilepsy, and a liver transplant — all before the age of 12. Fortunately, he had a Plan B! While still in dental school, David began investing in real estate by joint-venturing with his father on their first rental property. Three years later, they sold the property and David took his $25,000 capital gain share and leveraged it into 31 properties that produced $15,000 monthly net cash flow.Today, he’s a nationally recognized speaker on creating freedom, building businesses and investing in real estate. And his journey to create passive income and live for what matters most has inspired audiences across the nation. In our conversation, he makes it very clear why he believes the conventional idea of earned income and the “working to live” mindset is completely broken. You’ll hear us talk about all things real estate; how to buy properties that cash-flow on day one, the secret to getting seller financing, how to structure a deal on YOUR terms, and much more! You’ll also learn why the nest egg approach to investing is incredibly flawed, and what you can do to avoid the trap of earned income!Free Gift from Dr. David PhelpsGet Dr. David Phelps' FREE Report: Why Now is the Time to Create Cash Flow and Security Through Real Estate. Plus, you’ll also get a video training resource and digital worksheet on How to Calculate Your Freedom Number.To get access to this offer, visit JustinDonald.com/38.Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/38Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, I’m speaking with Khalil Rafati. Khalil is a high school dropout, convicted felon, and former heroin and crack addict who wound up homeless by the age of 33.With nowhere to go but up, he decided it was time to get sober — and that’s exactly what he did!Fast forward to today, Khalil is a bestselling author, speaker, and health and wellness entrepreneur. He is the founder and owner of SunLife Organics, a rapidly growing chain of health food cafés with locations in California, Texas, and Arizona.In our conversation, you’ll hear Khalil’s unbelievable journey from a homeless junkie, to learning to invest and becoming a millionaire! We talk about overcoming the poverty mindset, the power of surrender, and why billionaire John Paul Dejoria decided to invest $1 million into his business. That and a whole lot more!Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/37Free Gifts from Khalil Rafati!First juice purchase at Austin Sunlife Organics is on the house! Get a FREE copy of his book, I Forgot to Die, when visiting the Austin location. Limited to the first 25 listeners. Listen to the episode to find out how you can take advantage of this deal! Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mac Lackey, an accomplished entrepreneur with six successful exits, shares his unconventional approach to entrepreneurship—achieving high-value sales without sacrificing family life. He recounts his journey from soccer to startups and the lessons learned about concentration risk. Mac emphasizes the importance of knowing what comes next after an exit and preserving leverage. He introduces his ExitDNA method, highlighting how setting boundaries can enhance team growth and strategic value, proving that success can coexist with a fulfilling personal life.

Preston Smiles, a Personal Freedom Coach, discusses manifesting a limitless life of joy and freedom. They talk about the importance of self-worth and surrounding yourself with the right people. They also reflect on their move to Austin and their recent surfing experience in Cabo.

When I started a family, I made a very intentional decision that I wasn’t going to trade time for money. I knew I wanted to show up at every game, recital, and important activity for my daughter, so I decided I was going to build a life that would give me and my family lifestyle freedom — and that’s exactly what I did!But, just because I created that freedom, it didn’t mean that I was automatically an amazing husband and father. In fact, for someone who’s always been a high achieving, hard working, competitive natured person, working on my business oftentimes felt more natural than working on my family.As entrepreneurs and investors, we’re so used to planning, setting, and achieving big goals for our businesses. We track progress, hit targets, hold meetings, and more... But why aren’t we taught to put that same level of energy into planning for our families — and shouldn't that be a top priority?With Father’s Day just around the corner, I wanted to talk more about the importance of relationships, family, and showing up for the people who matter the most. Afterall, what’s the point of creating freedom if you have nobody to spend that freedom with? There’s no one more suited for this special episode than my longtime friend, Jon Vroman. Jon is a husband, father and the Founder of Front Row Dads — a brotherhood created for “family men with businesses, not businessmen with families.” Jon originally started this group, not because he felt like he was crushing it as a Dad and a husband, but because he felt like he was getting crushed — and this group of likeminded men, rooted in trust and transparency, became the answer.  In today’s conversation, Jon and I talk about the revelation he had in his thirties that helped him realign his priorities and truly put family first. You’ll learn all about the powerful work Front Row Dads is doing, and how to build a business around your life–not a life that revolves around your business. So, If you align with the idea of being a family man with a business, and not a businessman with a family, you definitely won’t want to miss this episode!Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/34Free Gift from Jon Vroman!Get a FREE digital version of Jon Vroman's book, The Front Row Factor: Transform Your Life with The Art of Moment MakingVisit JustinDonald.com/34 to claim your gift!Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

When I quit my job years ago, a lot of people thought I was crazy for doing it.But why? Was it because I had checked off all the "right" boxes; or because I was making good money and could make even more if I had stayed?From the moment we’re born, we’re told how to look, how to feel, and who to be. We’re taught to do things a certain way and to follow a certain path. But if we’re not careful, it can prevent us from living in alignment with our true values.For me, the goal was NOT to make more money, the goal was to buy my time back...So, quitting my job was the right decision. And of course, the money followed, but if I had listened to what everyone else had told me to do, I would never have achieved the lifestyle freedom that I have today. This is an important lesson that leads to today’s discussion with my friend Cal Callahan.Cal is the owner of Unlearn Ventures, which is an investment fund and incubator for forward-thinking projects. He’s also the host of The Great Unlearn — a podcast that empowers people to question everything they think they know about life.Whether it’s spirituality, health, relationships, or fitness, Cal’s superpower is to help others unpack and unlearn preconceived ideas and beliefs, so they can build a better, truer version of themselves.So, instead of discussing a specific asset class or investing strategies, today's episode is all about questioning our beliefs. Cal will challenge you to think differently, open your mind, find joy, and approach life with insatiable curiosity — a valuable asset for anyone who wants to live life on their terms, not someone else's!Want the Full Show Notes?To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/33Free GiftsDigital Report--> Unlearned: 5 Suggestions to Cut the BS, Unlock Your Best Self, and Find Your True Path.50% discount on Botanic Tonics plant based Feel Free Wellness TonicTo claim your offer, visit JustinDonald.com/33 for all the details.Get the Lifestyle Investor Book!To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/bookRate & Review If you enjoyed today’s episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device.You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU!Connect with Justin DonaldFacebookYouTubeInstagramLinkedInTwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.