Payback Time

How would you feel if you worked extremely hard over years, if not decades, to build a business and when you sold it, the government takes half, if not more. Who’s the one that put in the blood, sweat, and tears? Yeah, it wasn’t uncle Sam. So how do you lower taxes when you face a significant liquidity event in your life? My next guest is a capital gains expert who talks about a deferred sales tru...

Do you feel stuck in your career? Do you feel like you’ve reached a ceiling? Are you unsure where to make the next move to get out of the rut? My next guest was a high school math teacher who made the switch to real estate through wholesaling and fix-and-flips. Although being a math teacher was rewarding, he wasn’t completely fulfilled. As he got started in real estate, he quickly learned the impo...

My next guest shares an inspiring story of recovering from a severe snowboarding accident that put him in a coma. He talks about his journey of learning to walk and talk again along with his motivation to not walk, but run, out of the hospital. My next guest shares an inspiring story of recovering from a severe snowboarding accident that put him in a coma. He talks about his journey of learning to...

My next guest saw his wedding photos and was drawn to the sloppy and cheap looking collar he was wearing and decided something needed to be done. Finding a collared shirt manufacturer that makes rigid collars is hard to come by so he took a piece of cardboard and sewed it into his shirt and showed it to a few friends. There was confirmed interest so he moved forward and tried virtually every comme...

Are children who are instilled with confidence better positioned to succeed in life? Unfortunately, the emphasis on negative reinforcement is prominent in society. Starting a business, creating a solution to a problem, or doing something you love for a living all have risks and most people in society will try to convince us why we should not take those risks. The most commonly used word for those...

A good business partner can help a business thrive but a bad business partner can cause a business to struggle and eventually fail. My next guest shares her story of first partnering with the wrong people. She shares some of the red flags to pay attention to when considering a partnership which will help you avoid future headaches in your entrepreneurial journey. She also talks about the importanc...

Imagine moving to a new city and picking up a new job with just $1,000 in your bank account. My next guest has a history of taking risks but through hard work, networking, and a high willingness to learn, you can come out just fine on the other side. In this episode he talks about his journey to becoming both a realtor and real estate investor. Now today he is a best selling author and owner of a...

What does real estate, ATMs, and private lending all have in common?  Passive income.  My next guest is an entrepreneur that has mastered the ability to create multiple streams of revenue while he sleeps.  He emphasizes the fact that you don’t need to be creative and invent a new business if you want to become an entrepreneur.  There are always forms of passive income that serv...

My next guest is a financial advisor, TEDx Speaker, and author of the book “You’re making other people rich.”  In this episode we talk about the transition from a cushy corporate finance job to starting financial advisory practice. If you’re in a position where you may have a stable income and excellent benefits but aren’t feeling the passion of the day job, this episode will provide great ti...

My next guest is the owner of an agency that provides SEO and web design services. He is also this author of A Holistic Guide to Online Marketing.  In this episode we talk about the transition from the corporate life to the entrepreneur life. If you’re wanting to take the leap and get started with a service business, especially an agency model, the overhead costs are relatively low.  You...

Are you at risk of becoming an obsolete executive? Don’t let your dream job leave you behind. My next guest is a board certified coach for executives and entrepreneurs. Do you need help balancing your work and life? Do you need to increase your output without expending more hours? Do you employees see you more as a manager, not a leader? This guy can help. Please welcome Andy Dix. LinkedIn: ...

My next guest is the CEO of Passive, a portfolio management tool for online brokers. The platform specifically allows investors to rebalance their portfolio with just a click of a button.  Some of the key features include goal tracking where you can set your goals and track your progress. One-click trades to save yourself the hassle of logging into your broker. Portfolio drift notifications t...

Are you paying yourself last or first?  Many small business owners see profit as an afterthought - it’s whatever you see on your tax return after your accountant works their magic. But what if there was a way to turn a profit without completely changing how you run your business?  My next guest is known as the Profit Answer Man.  He empowers small business owners to understand and s...

My next guest has been in real estate for almost 30 years. His experience ranges from constructing new homes in the ’90s and owning a Realty Executive Franchise to running his own real estate investments.  Today, he runs a real estate investment business with his family team, which purchases 2-5 properties monthly.  Having been through several real estate cycles, he understands the chall...

Imagine working so much and one day your own child wouldn't hug you when came home from work. This only happened once to trigger a change. As some of us know, working for a high pressure corporate machine can have its downsides. Instead of accepting this as the "norm", my next guest knew he had to make a move or he would face regret the rest of his life. He decided to branch off on his own to crea...

Imagine having to smuggle liquor into your country as a means to generate cash flow?  The stress between getting caught and sent to jail or spending another day starving will leave a lasting impact on anyone.  Being raised in poverty stricken neighborhoods of Poland, my next guest learned how to hustle at the young age of 7. At age 10 his parents migrated to the US and in order to make e...

Do you want to start a business but don’t know where to start? Do you want to know which businesses are in demand? Do you want a roadmap for success prepared for you in advance? The good news is, you don’t have to look far. My next guest is a franchise consultant who helps entrepreneurs find the right business in the right geographic location.  There are always franchise opportunities av...

Imagine moving to one of the most expensive cities in the US with over $120K in student loan debt and no income lined up.  Talk about a leap of faith. My next guest and his wife began their professional career after college, serving a non-profit.  They knew they couldn’t rely solely on the non-profit to pay down the debt which means they had to buckle down on their expenses and work side...

What is the 1% rule and why does it matter? In this episode, my next guest simplifies residential real estate by the numbers. If you were ever curious to know the key metrics to focus on with residential real estate investing, this episode is for you. He served in the German Air Force and eventually moved to San Diego where he’s been serving as a program manager. Over the years he’s invested in re...

My next guest has been an entrepreneur pretty much his entire life.  In grade school he was selling Dragon Ball Z graphics to his friends. In middle school and high school, he was selling electronics on eBay.  By the time he reached college he knew we wanted to become an attorney so before he graduated with a Law Degree, he put out educational videos, to build an audience. Although the e...

Most family and friends think they know how a couple came together but in most cases they do not.  A GOOD officiant will walk the audience through the story on how a couple came together.  A GREAT officiant can balance humor and heart touching moments in that story.  My next guest has a fast growing wedding officiant business as well as a platform that teaches people how to establis...

Imagine putting $250,000 on credit cards to buy, renovate, and rent homes.  From my perspective, this is one of the most stupid financial decisions you can make.  In fact, my next guest almost went through a divorce because of this decision.  As you listen to this episode, he actually pulled off the impossible and made this investing strategy work.  Although he doesn’t recommen...

We live in a society where envy is significantly more prominent than appreciation.  As quoted by my next guest, “If you were to see what’s really going on in other people’s lives, you would see that it’s just as rotten as your own life.”  My next guest has a great appreciation for this life.  His journey began at age 15 where his first job paid $2/day.  With dreams of becoming...

Sales is the lifeblood of a business but selling online is much harder than selling in person or over the phone.  When selling online you can’t read emotions, mirror behavior, or use body language to make the customer more comfortable.  Selling online is a science and even one wrong word can cause your prospects to run the other direction.  My next guest has a wide range of life exp...

Imagine being offered $40 MILLION for an ecommerce business but turned it down because you had your eye’s set on $100 MILLION.  As you listen to the episode, you’ll learn he should’ve taken the deal.  Although it wasn’t the top dollar he was looking for, my next guest has already sold two businesses for seven figures each.  Now he’s working on his third company, a Software as a Serv...