Payback Time: Recent Episodes
Sean Tepper
Payback Time is a podcast about building businesses, wealth, and financial freedom. We try to uncover the challenges our guests faced, the mistakes they made, and the steps they took to achieve their goals. The overall objective is to provide you with a roadmap that leads to your own success. Overall, we interview business owners and investors. With business owners, we like to learn how they built their businesses and with investors, we like to learn how they got started with investing.
In the latest episode of Payback Time Podcast, show host Sean Tepper dives into an exclusive conversation with Kyle Kuderewski, the entrepreneurial mastermind behind a revolutionary private equity firm that's rewriting the rules of business sales and investment.
Imagine selling your startup and simultaneously creating a recurring revenue stream for eager investors — that’s the game-changing model Kyle has perfected. Whether you're an entrepreneur ready to scale new heights, an aspiring business owner looking for insider tips, or an investor seeking lucrative opportunities, this episode is brimming with invaluable insights and actionable strategies.
Kyle has a unique journey from a corporate engineer to a visionary investor. Learn how his innovative approach can transform your business and investment portfolio.
This episode is brought to you by Leadfeeder. With Leadfeeder, you can find out which companies are visiting your site and turn them into valuable leads for your business.
In this episode of the Payback Time podcast, host Sean Tepper sits down with e-commerce entrepreneur Scott Cartwright, the Strategic Brand Builder at The Skincare Sherpa. Together, they deep dive into a skincare company he built and sold for 7-figures. They specifically discuss how he found product-market fit, how he marketed his product, how he leveraged Amazon, and his exit multiple.
In the ever-evolving world of e-commerce, building a successful brand is a challenging yet rewarding endeavor. Scott Cartwright's story offers invaluable lessons for aspiring entrepreneurs looking to navigate the complexities of product development, marketing, and scaling.
Key Timecodes
- (00:36) - Show intro and background history
- (04:28) - Deeper into his background history
- (08:14) - A practical advice about his e-commerce experience
- (09:39) - Understanding his production process
- (12:03) - Deeper into his business strategies
- (16:35) - Commercial break (Leadfeeder)
- (17:12) - How to achieve product market fit
- (22:10) - The importance of listening to the customers
- (25:33) - A bit about his numbers
- (32:24) - Embrace a cause or a story to get a focused business
- (28:32) - Commercial break (TYKR)
- (29:10) - Understanding his marketing and sales tactics
- (33:04) - What is his Amazon's growth strategy
- (37:48) - A key takeaway from the guest
- (43:49) - Guest contacts
This episode is brought to you by Leadfeeder. With Leadfeeder, you can find out which companies are visiting your site and turn them into valuable leads for your business.Building a business isn’t easy and if you don’t get your mindset right, you can end up quitting something that could have made a big IMPACT on others and a lot of money for you. My next guest has been a leadership coach for over 30 years serving executives and professional athletes. In this episode, he breaks down a 5-STEP PROCESS on how to master your mindset so you don’t give up on goals that can generate series results. Please welcome, Johnny Parker.
Key Timecodes
- (00:44) - Show intro and background history
- (03:46) - Deeper into his background history
- (06:38) - A practical advice about his entrepreneur vision
- (11:11) - Commercial break (Leadfeeder)
- (11:48) - Transparency as the key do impact businesses
- (19:03) - The importance of a growth mindset
- (24:00) - Life x work rhythm
- (32:24) - Embrace a cause or a story to get a focused business
- (34:33) - Commercial break (TYKR)
- (35:20) - The importance of a letting go mentality
- (36:242 - A key takeaway from the guest
- (41:27) - Guest contacts
This episode is brought to you by Leadfeeder. With Leadfeeder, you can find out which companies are visiting your site and turn them into valuable leads for your business.
Are you having trouble finding product-market fit? look no further. This is one of the best interviews I’ve had on the subject.
My next guest has a marketing background working on movies including Jurassic Park, Wyatt Earp, and Apollo 13. He also spent 7 years at Google. Now he serves as a consultant on the customer experience. In this episode, we talk about the 7 key stages to help you find product market fit. Please welcome Chris Hood.
Key Timecodes
- (00:49) - Show intro and background history
- (06:44) - A bit about his book
- (09:29) - A practical advice about product marketing fit
- (12:27) - Commercial break (Leadfeeder)
- (13:15) - What are the 7 stages building a business
- (20:28) - The importance of the interfaces
- (23:12) - How to use technology focused on the customer
- (28:37) - His approach about the customer journey
- (32:49) - Commercial break (TYKR)
- (33:27) - A key takeaway from the guest
- (41:10) - Guest contacts
This episode is brought to you by Leadfeeder. With Leadfeeder, you can find out which companies are visiting your site and turn them into valuable leads for your business.
What does improv comedy have to do with business? Believe it or not, more than you think. My next guest used improv to not only increase sales but she also used improv to level up her mindset. In this episode, we walk through examples using me as the case study. If you want to achieve bigger results with your business, believe it or not, it starts with mindset. Please welcome, Erin Diehl.Key Timecodes
- (00:40) - Show intro and background history
- (07:23) - How she apply improv to help companies
- (13:43) - Deeper into his business strategies
- (17:03) - Commercial break (Leadfeeder)
- (17:40) - Few takeaways from her book
- (19:41) - A practice example of her approach
- (24:31) - Why most of our thoughts are negative
- (26:11) - How to break this mindset
- (33:11) - Feeling free in life as a way of unlocking
- (35:52) - The importance of reading as a freedom activity
- (39:26) - Commercial break (TYKR)
- (50:14) - Guest contacts
This episode is brought to you by Leadfeeder. With Leadfeeder, you can find out which companies are visiting your site and turn them into valuable leads for your business.
When your business starts taking off, the last thing you want to do is pay more in taxes. The question is, what options do you have? My next guest has a background working on Wall St and now he runs a firm that specializes in wealth preservation. In this episode, he talks about the not-so-glamorous steps to make sure your business has a plan in place in the event something happens to the founder and we also talk about key strategies to help you save money on taxes. Please welcome, Jason Mandel.
Embarking on the journey of entrepreneurship can be both exhilarating and daunting. It requires a unique blend of passion, determination, and strategic thinking to navigate the challenges and opportunities that come your way. In a recent podcast episode, business strategist Jason Mandel shared valuable insights and advice for entrepreneurs looking to build and scale their startups. Let's delve into some of the key takeaways from Jason's wealth of experience and expertise.
- (00:47) - Show intro and background history
- (03:01) - The importance of entrepreneurs having a work x life balance
- (03:56) - Deeper into his career history
- (07:28) - Two key strategies from the guest
- (13:14) - Commercial break (Leadfeeder)
- (13:52) - How to grow a business with just one owner
- (18:16) - Creating a healthy business culture
- (23:51) - Deeper into his tax strategies
- (31:45) - Commercial break (TYKR)
- (41:16) - Guest contacts
This episode is brought to you by Leadfeeder. With Leadfeeder, you can find out which companies are visiting your site and turn them into valuable leads for your business.
In the dynamic world of business, pricing plays a crucial role in determining the success of a product or service. Finding the right balance between value creation and pricing strategy can be the defining factor between a thriving business and one struggling to stay afloat. In this episode Sean Tepper sits down with Patrick Meegan the Managing Director at Investor Group Services. Pat explores key strategies and insights into pricing, with a focus on helping entrepreneurs navigate the complex landscape of setting prices effectively.
One of the fundamental aspects of pricing strategy is understanding the buyer. By delving into what customers value, their willingness to pay, and the competitive landscape, businesses can tailor their pricing to align with customer expectations. Conducting market research and gathering direct feedback from customers can provide valuable insights into setting the optimal price point for a product or service.
Key Timecodes
- (00:35) - Show intro and background history
- (03:03) - How to price a B2B or B2C SaaS business
- (05:43) - Deeper into his pricing strategies
- (07:01) - The importance of the value perception for the consumers
- (12:04) - How to talk about costs with clients
- (13:15) - Commercial break (Leadfeeder)
- (13:55) - What is his advice on raising prices
- (17:05) - How to generate value and prioritization
- (18:33) - The importance of proximity to collaborative customers
- (19:59) - Deeper into his philosophy and business strategies
- (23:30) - Few tactical examples
- (26:37) - A key takeaway from the guest
- (29:36) - Guest contacts
A lot of new tech entrepreneurs believe the best way to generate leads and increase sales is through paid ads, social media, or SEO. Believe it or not, none of these strategies come close to channel partnerships and in this episode, my next guest breaks down simple strategies on how you can identify and establish partners that help you skyrocket your sales. Please welcome, Barrett King.
Partnerships play a crucial role in the growth and success of businesses, especially in today's competitive landscape. By joining forces with other companies, businesses can leverage each other's strengths and resources to achieve mutual goals and drive growth. Establishing strong partnerships is not only about expanding reach and increasing revenue but also about creating value for customers and fostering innovation. In this episode, we will explore the importance of partnerships in business and how they can be a key driver of success.
Key Timecodes
- (00:49) - Show intro and background history
- (09:36) - How to acquire good channel partners
- (15:20) - Deeper into his business strategies
- (17:35) - Some lessons learned or mistakes made
- (19:56) - His best success stories
- (24:12) - How he build his ideal team
- (27:19) - A bit about inbound market
- (29:54) - A key takeaway from the guest
- (33:31) - Guest contacts
Are you trying to build a B2B SaaS but you’re having a hard time increasing sales? Look no further. My next guest has built multiple SaaS products and in this episode, he breaks down 4 key steps to scale a SaaS. Hint, #4 is the equivalent to striking gold. It’s not only brilliant, but it’s extremely easy. Please welcome Tim Branyan.In the world of entrepreneurship, success stories often highlight the resilience and determination of individuals who navigate the challenges of building and scaling their businesses. One such inspiring figure is Tim Branyan, a seasoned entrepreneur who has carved a path to success through a series of ventures and strategic decisions.
Let's dive into the fascinating journey of Tim Branyan and glean insights from his experiences that can resonate with aspiring entrepreneurs and business enthusiasts alike.
In today's fast-paced entrepreneurial landscape, the traditional notion of needing a technical co-founder to build a product is being challenged like never before. With the rise of no code and low code options, non-technical entrepreneurs are finding innovative ways to bring their ideas to life swiftly and with minimal risk. Colin Herdman, a seasoned entrepreneur, sheds light on the transformative power of these tools in his recent podcast appearance. He emphasizes how leveraging these technologies can help entrepreneurs find product-market fit faster and optimize their chances of success.
One key takeaway from Colin's insights is the increasing accessibility and ease of building software products. As the barriers to entry continue to diminish, entrepreneurs are presented with a unique opportunity to leverage technology to scale their businesses and drive growth. By embracing low code and no code tools, entrepreneurs can streamline their development process, minimize costs, and focus on delivering value to their customers. The democratization of software creation is empowering a new wave of innovators to turn their visions into reality.
Key Timecodes
- (00:48) - Show intro and background history
- (02:42) - Understanding his business strategies
- (03:19) - A bit about his book
- (05:05) - Deeper into his business tactics
- (14:10) - How his business model works
- (19:57) - Deeper into his Quality Control philosophy
- (23:02) - What are his growth and marketing strategies
- (29:21) - A key takeaway from the guest
- (33:40) - Guest contacts
In the fast-paced world of entrepreneurship and mergers and acquisitions (M&A), preparation is key to success. Whether you are a founder looking to sell your business or navigating the complexities of M&A deals, being well-prepared can make a significant difference in the outcome. It can impact your valuation, negotiation power, and ultimately, the success of your business transactions.
In this episode of the Payback Time podcast show host Sean Tepper sits down with Adam Wolford the CEO and founder of Syncquire . They explore the critical role of preparation in the entrepreneurial journey and the M&A process.
Key Timecodes
- (00:54) - Show intro and background history
- (06:29) - Understanding his business strategies
- (08:27) - Deeper into his business tactics
- (15:11) - How his pricing model works
- (23:02) - Deeper into his M&A business philosophy
- (37:38) - What are his growth and marketing strategies
- (28:46) - A bit about sales and marketing
- (32:43) - A key takeaway from the guest
- (40:42) - Guest contacts
In the dynamic world of entrepreneurship, building a startup is a mix of excitement and challenges. In this episode of Payback Podcast, host Sean Tepper explores how AI technology can help entrepreneurs streamline their startup processes. The subject matter expert is Nicholas Thorne, an expert in AI development, shares his experience creating a software platform powered by OpenAI. This platform enables new entrepreneurs to quickly bring their ideas to life with tools for creating pitch decks, websites, and other essential materials within minutes. By leveraging AI, entrepreneurs can save valuable time and focus on growing their businesses efficiently.Key Timecodes
- (01:00) - Show intro and background history
- (09:23) - Understanding his SaaS business strategies
- (12:34) - Deeper into his business tactics
- (15:21) - How he is using AI to help entrepreneurs
- (31:16) - How his AI platform can build even a dedicated website in minutes
- (37:38) - What are his growth and marketing strategies
- (41:36) - A key takeaway from the guest
- (51:07) - Guest contacts
Are you Looking at Winning at SaaS or building a SaaS company, especially enterprise level? In this episode of the Payback Time podcast, host Sean Tepper engages in a conversation with Steve Tafaro, a seasoned professional in the software industry whose career spans back to the 1970s. With experience ranging from IBM to serving as interim President at multiple successful SaaS companies, four of which were acquired, Steve offers invaluable insights into enterprise SaaS sales. This episode is essential listening for anyone looking to venture into the realm of SaaS, especially at the enterprise level.
Key Timecodes
- (00:43) - Show intro and background history
- (04:56) - A bit about his book on building a SaaS business
- (10:13) - Understanding his SaaS customer focused strategies
- (11:36) - What are the mistakes when people try to sell software
- (20:14) - What are his new projects
- (30:31) - Deeper into his business tactics
- (32:29) - A key takeaway from the guest
- (40:12) - Guest contacts
Is it possible to charge $25,000 per customer? Ever wondered how to unlock the secret to charging more for your services? Well, buckle up, because that's exactly what Payback Time podcast host Sean Tepper and Mike Killen are going to explore in this episode!.
Whether you're running an agency, bootstrapping a SaaS, or forging ahead with your tech startup, this episode is tailor-made for you. Get ready to discover the keys to commanding $25,000 per customer and revolutionizing your business model. It's time to elevate your pricing game and unleash your full potential.
In the world of entrepreneurship and business, one key concept that often gets overlooked but can make a significant impact on your bottom line is recurring revenue. Recurring revenue is the consistent stream of income that comes in regularly from customers who pay for your products or services on a recurring basis. This model not only provides financial stability but also opens up opportunities for growth and scalability.
Key Timecodes
- (00:37) - Show intro and background history
- (04:05) - How to build a SaaS or tech business
- (07:29) - Understanding his agency SaaS marketing strategies
- (13:02) - How this type of agencies make money
- (23:01) - Deeper into his business tactics
- (31:04) - Some real life practical examples
- (39:13) - Understanding his sales strategies
- (43:34) - Guest contacts
In this episode, Mike Tucker discusses how virtual events can help startups generate more leads and increase sales. He shares case studies and strategies for using webinars, video sales letters, and online challenges to engage and convert potential customers. Mike emphasizes the importance of energy and engagement in virtual events and highlights the value of strategic partnerships. He also provides insights on pricing models and revenue sharing. Overall, the key takeaway is to incorporate virtual events into your marketing plan to drive growth and success.
Key Timecodes
- (00:42) - Show intro and background history
- (01:52) - Deeper into his background history and business model
- (05:12) - Understanding his SaaS business strategies
- (11:52) - How this company makes money
- (14:41) - A bit about his business numbers
- (20:26) - Deeper into his business tactics
- (21:54) - A key takeaway from the guest
- (27:09) - Guest contacts
This episode is sponsored by Sessions. More than just a Zoom alternative, Sessions is like having a personal assistant for all your meetings. It provides meeting notes, makes it easy to share documents and screens, distills key points for quick overviews, and makes it easy for everyone to work on one board. Save 20% by signing up.
In today's fast-paced world, the landscape of book writing has undergone a revolutionary transformation with the integration of AI technology. In this episode of the Payback Time Podcast, host Sean Tepper sits down with serial entrepreneur Bo Bennett, who harnessed this cutting-edge innovation to develop a platform enabling aspiring authors to realize their book ideas in a fraction of the time it would traditionally take. With AI making its mark across various industries, it's no surprise that the world of book writing is also embracing this transformative technology.
One of the key advantages of using AI in book writing is the speed and efficiency it offers. Instead of spending months or even years crafting a book, authors can now leverage AI-powered platforms to generate content quickly and effectively. This not only saves time but also opens up opportunities for individuals who may have been hesitant to embark on the daunting journey of writing a book.
Key Timecodes
- (00:49) - Show intro and background history
- (05:46) - Deeper into his background history and business model
- (08:32) - Understanding his business numbers and strategies
- (11:39) - Why and when he sold this company
- (15:06) - A bit about his business today
- (19:18) - Deeper into his business tactics
- (21:21) - Understanding his new business model and strategies
- (28:29) - A bit about his growth and marketing tactics
- (40:07) - Deeper into his business model today
- (47:21) - Guest contacts
This episode is sponsored by Sessions. More than just a Zoom alternative, Sessions is like having a personal assistant for all your meetings. It provides meeting notes, makes it easy to share documents and screens, distills key points for quick overviews, and makes it easy for everyone to work on one board. Save 20% by signing up.Did you know that 80% of business deals fall through? In other words, 80% of business owners who try to sell their business, do NOT have a successful exit. Are you a business owner looking to sell your business someday? If the answer is YES, then It's essential to start preparing for your exit well in advance to ensure a smooth transition and maximize the value of your business. By following a structured approach and focusing on key areas, you can increase the attractiveness of your business to potential buyers and ensure a smooth transition when the time comes to exit.
In this episode of the Payback Time podcast, show host Sean Tepper sits down with a mechanical engineering and management consultant who has a passion for helping small and mid-size business owners successfully sell their businesses. Darryl Bates-Brownsword the founder of Succession Plus explores the steps you can take to get your business exit-ready, with a focus on strategic planning, systemizing processes, and building value for potential buyers.
Key Timecodes
- (00:59) - Show intro and background history
- (04:22) - Some lessons learned on his journey
- (07:30) - Deeper into his background history and business model
- (09:37) - Understanding his business strategies
- (11:53) - Why business owners fail
- (17:21) - Deeper into his business tactics
- (21:21) - Understanding his business selling strategies
- (32:09) - A key takeaway from the guest
- (39:22) - Guest contacts
This episode is sponsored by Sessions. More than just a Zoom alternative, Sessions is like having a personal assistant for all your meetings. It provides meeting notes, makes it easy to share documents and screens, distills key points for quick overviews, and makes it easy for everyone to work on one board. Save 20% by signing up.
Are you a SaaS founder struggling to get users for your product? Did you know that getting 91000 users for your SaaS in under 2 years is possible? We understand that being an entrepreneur is like sailing on a rough sea, with many challenges and opportunities. In this episode, we explore how SaaS founders can attract users for their products. Our expert guest is Maxwell Nicholson, the founder of Blossom, a mobile app changing how retail investors manage their portfolios. Blossom has quickly become popular in finance, with over 91000 users in less than two years. Join us as we discuss the strategies that helped Blossom gain so many users in such a short time.
Key Timecodes
- (00:38) - Show intro and background history
- (02:25) - Deeper into his background history and business model
- (07:27) - Understanding his business strategies
- (10:47) - Few lessons learned during his entrepreneur journey
- (14:53) - A bit about his platform pricing model
- (21:20) - Deeper into his company numbers
- (26:08) - Understanding his retention strategies
- (33:34) - A bit about his marketing tactics
- (35:58) - Deeper into his marketing strategies
- (41:12) - Understanding his mindset and philosophy
- (44:52) - A key takeaway from the guest
- (25:47) - Guest contacts
Introducing Season 5 of Payback Time - the top podcast for tech lovers! Join us for expert insights, interviews, and exciting discussions in every episode. Stay ahead in the fast-paced tech world - tune in now to Payback Time Podcast! Host Sean shares the journey of his tech company, Tykr, and offers invaluable tips for tech founders. Don't miss out on the informative and captivating experience!
My next guest is a mother of three who created a business with her husband that helps kids manage money wisely. In this episode, we talk about the business model, how the business makes money, and how they help kids and parents become better with managing money. Please welcome, Mari Collins Harris.
Key Timecodes
- (00:37) - Show intro and background history
- (01:17) - Deeper into her background history
- (02:12) - Understanding her business model
- (05:14) - Deeper into her business strategies
- (08:42) - A bit about her educational platform
- (11:49) - Deeper into her philosophy for kids financial education
- (15:54) - A bit about her marketing strategies
- (17:17) - A key takeaway from the guest
- (21:26) - What is the worst advice she ever received
- (22:43) - What is the best advice she ever received
- (25:47) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a coach who helps people transition from a corporate job to creating their own business. In this episode, we talk about specifics on how he helps people but we also talk about WHY he created his business. In this case, he shares his story of getting into $78,000 of debt, how it nearly drove him to take his own life, and what actions he took to pay off the debt in less than 3 years. If you’re someone who’s struggling with debt and can’t find a way to get ahead, this is an inspirational episode. Please welcome, Scott Maderer.
Key Timecodes
- (00:52) - Show intro and background history
- (02:10) - Deeper into his business model
- (05:18) - Understanding his coaching strategies
- (09:39) - A bit about his clients
- (12:24) - Deeper into his philosophy and business vision
- (15:02) - What challenges did he face and how did he overcome them
- (24:22) - How he can help people with financial problems
- (32:44) - A key takeaway from the guest
- (36:40) - What is the worst advice he ever received
- (37:25) - What is the best advice he ever received
- (38:31) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Did you know that 62% of online advertisers fail because they don’t know how to advertise correctly? My next guest has been in the advertising industry for about 20 years and now he has an agency with about 20 people. In this episode, he talks about what channels they use, why most ads fail, how much they charge, and what steps you can take to generate the best results for your own business. Please welcome, Robert Brill.
Key Timecodes
- (00:42) - Show intro and background history
- (01:09) - Deeper into his background history and business model
- (05:37) - Understanding his testing phase and other strategies
- (09:51) - A bit about his clients
- (11:00) - What type of adds are ideal to start with
- (13:59) - Few practical tips from the guest
- (18:03) - What are the main add channels he uses
- (19:58) - A bit about his TikTok strategies
- (21:24) - How a company can scale up its advertising
- (28:52) - Deeper into his digital advertising strategies
- (30:38) - A key case study from his business experience
- (33:37) - A key takeaway from the guest
- (35:20) - What is the worst advice he ever received
- (35:56) - What is the best advice he ever received
- (37:45) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Are you looking to invest in private companies? A great way to get started in the private market is through alternative investing. In this next episode, my next guest talks about what kind of companies they invest in, what kind of returns you can expect, and how quickly you can get started. Please welcome Kim Flynn.Key Timecode
- (00:36) - Show intro and background history
- (01:32) - Deeper into her background history and investment philosophy
- (02:38) - How alternative investments can be a good solution to individual investors
- (05:38) - Understanding her business strategies
- (07:14) - Deeper into her business model
- (11:53) - Deeper into her B2C strategies
- (13:01) - How is the process to get involved with her business model
- (16:14) - A key takeaway from the guest
- (18:29) - What is the worst advice he ever received
- (19:11) - What is the best advice he ever received
- (20:16) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Are you a small business owner looking to eventually sell your business? Believe it or not, most small business owners won’t get what they ask for. However, if you take the right steps up front, you can better position yourself for a higher exit and at the same time, reduce your tax burden. In this episode, my guest talks about strategies small business owners can apply to set themselves up for a better exit and life after selling their venture. Please welcome Darryl LyonsKey Timecodes
- (00:51) - Show intro and background history
- (03:05) - Deeper into his background history and business model
- (04:02) - How business owners can prepare for an exit
- (06:02) - Understanding his business strategies
- (09:24) - Deeper into his business model
- (09:49) - Understanding his tech business model
- (11:20) - How entrepreneurs can reduce the taxes impact
- (16:42) - Did he recommend his clients to invest in real estate?
- (18:06) - A big lesson learned from a mistake or business nightmare
- (20:55) - A key takeaway from the guest
- (22:34) - What is the worst advice he ever received
- (23:04) - What is the best advice he ever received
- (24:01) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest has built and sold multiple SaaS businesses.. The first one was in the physical therapy industry and the second one was in the real estate industry. In this episode, he breaks down what works and doesn’t work for sales and marketing, how much he charges, and the exit multiple on both businesses. Please welcome, Matt Wolach.Key Timecodes
- (00:38) - Show intro and background history
- (02:39) - Deeper into his first SaaS venture
- (04:35) - Understanding his marketing and sales strategies
- (07:52) - A bit about his business numbers
- (09:33) - The lesson learned with this first venture
- (11:12) - What is his second business venture
- (12:21) - Understanding his marketing and sales strategies
- (17:14) - A bit about that company numbers
- (18:25) - What mistake did he make in this company
- (19:32) - Understanding his coaching business model
- (22:35) - Few tips from the guest
- (29:38) - A key takeaway from the guest
- (32:23) - What is the worst advice he ever received
- (33:09) - What is the best advice he ever received
- (34:21) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
What are the social media strategies that actually work? As a business owner, how do you get better at social media? My next guest was a sales engineer turned coach who specifically focus on helping entrepreneurs promote their brands with social media. In this episode, we talk about why it’s important to be authentic, why trying to serve everyone won’t do you any favors, and a fun tactic that has proven to increase followers. Please welcome, Nico Lagan.Key Timecodes
- (00:43) - Show intro and background history
- (02:18) - Deeper into his business model
- (05:28) - Understanding his business philosophy
- (10:06) - Deeper into his social media strategies
- (14:42) - A bit about his business model tactics
- (22:25) - Deeper into his marketing and social media strategies
- (31:37) - His insights about team size and AI today
- (36:33) - A key takeaway from the guest
- (39:05) - What is the worst advice he ever received
- (39:22) - What is the best advice he ever received
- (40:12) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest shares his story of how he got into finance, helped grow a company from $0 to $80M ARR, and then started a company that ultimately went out of business within 2 years.
The life of an entrepreneur has its peaks and valleys and his background is a good example. However, his next B2B SaaS has proven to find product-market fit and traction. In this episode, he talks about his business model, how much they charge per customer, how they market and sell, and financial tips leaders can apply to their own companies. Please welcome, Kristian Marquez.Key Timecodes
- (00:54) - Show intro and background history
- (06:27) - Deeper into his business model
- (14:19) - Understanding his business strategies
- (16:55) - A bit about his B2B SaaS model
- (22:25) - Deeper into his marketing and sales strategies
- (23:46) - A key takeaway from the guest
- (34:09) - What is the worst advice he ever received
- (35:09) - What is the best advice he ever received
- (37:20) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
What are the 3 TOP B2B SaaS Marketing Strategies? well, my next guest has a B2B SaaS that helps other SaaS and e-commerce companies grow through affiliate marketing. In this episode, he talks about how he bootstrapped this company and what marketing strategies have helped him grow his business the fastest. Please welcome, Arlen Robinson.Key Timecodes
- (00:42) - Show intro and background history
- (05:03) - Deeper into his background history and business model
- (13:39) - Understanding his business strategies
- (19:37) - A bit about marketing and B2B SaaS
- (26:08) - Deeper into his tactics to stand out in the market
- (29:43) - A bit about B2C SaaS strategies
- (35:12) - Understanding his affiliate marketing model
- (38:00) - Deeper into his numbers and market philosophy
- (23:46) - A key B2B SaaS marketing takeaway from the guest
- (44:20) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Wondering how you can earn 10% to 20% with alternative investments? Well, my next guest is a private equity investor with a firm that allows you to invest in private companies such as restaurants, car washes, gas stations, and hospitals. They specialize in “fix and flip” where they buy a company, make improvements, and then sell for a profit. They also specialize in passive income opportunities. If you’re looking for creative ways to create passive income through private companies, this episode is for you! Please welcome, Michael Salafia.
Key Timecodes
- (00:57) - Show intro and background history
- (03:37) - Deeper into his background history and business model
- (06:54) - Understanding his investment model and strategies
- (09:21) - A bit about his numbers
- (11:20) - Deeper into his portfolio and tactics
- (12:58) - How he finds deals
- (14:28) - How he minimizes risks
- (17:43) - How many investments does he have today
- (22:14) - His vision and projections about the market
- (23:46) - A key takeaway from the guest
- (26:20) - What is the worst advice he ever received
- (26:54) - What is the best advice he ever received
- (28:33) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next is an advocate for intrapreneurship which is the concept of empowering entrepreneurial-minded people to thrive within an organization. In this episode, he talks about how businesses can adopt this type of culture and how employees can find these types of companies. Long story short, my guest adopted an intrapreneurial-minded culture, and his company of 15 employees increased revenue from $13M per year to over $120M per year. That’s $8M in revenue per employee which is beyond impressive. Is intrapreneurship for you? Stay tuned to find out. Please welcome, RJ Grimshaw.Key Timecodes
- (00:57) - Show intro and background history
- (03:28) - Deeper into his background history and business model
- (05:53) - How big is his team
- (07:12) - A bit about his numbers
- (08:20) - Understanding his entrepreneurship model
- (10:00) - Deeper into his business strategies
- (20:36) - The differences between small and larger organizations
- (22:44) - How to find people with an entrepreneurial mindset for companies
- (28:22) - A bit about his software
- (33:44) - A key takeaway from the guest
- (43:21) - What is the worst advice he ever received
- (44:14) - What is the best advice he ever received
- (46:39) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest has been on the show before. He’s one of my best friends. He’s also a professor and published author who’s written several books. In this episode, he breaks down the 3 ways how you can become a published author. Please welcome, Chris Yogerst.
Key Timecodes
- (00:32) - Show intro and background history
- (01:24) - Deeper into his background history and publishing experience
- (04:30) - Understanding his self publishing strategies
- (09:10) - Deeper into university press model
- (16:46) - Understanding the trade press model
- (26:29) - How write a book can help you to grow credibility
- (30:32) - A guest takeaway about B2B selling
- (36:15) - What is the worst advice he ever received
- (39:12) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest runs a hedge fund focused on small-cap stocks. In this episode, we talk about what types of stocks he looks for, what types of stocks he avoids, and what specific metrics are most important.. Please welcome, Kyle Mowery.
Key Timecodes
- (00:52) - Show intro and background history
- (01:37) - Deeper into his background history and business model
- (02:59) - Understanding his funds investment model
- (05:23) - Deeper into his business strategies
- (06:03) - What he is looking for in his investment tactics
- (09:01) - A bit about his numbers
- (10:33) - Some examples of his investment strategies
- (13:27) - His big business success
- (15:07) - Is he using the 4M analysis?
- (17:48) - What type of businesses he tend to avoid
- (18:51) - Deeper into his hedge funds strategy
- (19:48) - A guest takeaway about B2B selling
- (23:51) - What is the worst advice he ever received
- (23:59) - What is the best advice he ever received
- (24:38) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is an experienced B2B SaaS sales executive who has helped companies go from $0 to $30M in ARR. In this episode, he talks about 5 powerful lead gen strategies and 1 powerful closing strategy for B2B SaaS sales. Please welcome, Ryan Staley.Key Timecodes
- (00:37) - Show intro and background history
- (02:03) - Deeper into his background history and business model
- (04:46) - Podcasts value as a networking tool
- (08:14) - Understanding his B2B business strategies
- (16:00) - Deeper into his B2B tactical strategies
- (19:00) - Online meetings X in person approach to close deals
- (21:26) - Some strategies to close big deals
- (25:39) - His thoughts about the AI and the business market
- (30:52) - A guest takeaway about B2B selling
- (34:27) - What is the worst advice he ever received
- (34:51) - What is the best advice he ever received
- (36:52) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a fractional CTO who helps tech startups structure their software engineering team and architecture so a company can scale. In this episode, we talk about red flags to look for when hiring offshore teams, should you spend more time building an idea or validating an idea, what held him back in his career, what helped him succeed in his career, and a whole lot more. If you’re looking to start or scale a tech company, this episode is perfect for you. Please welcome, Brian Childress.
Key Timecodes
- (00:58) - Show intro and background history
- (01:39) - Deeper into his background history and business model
- (03:37) - What are the biggest challenges that non-technical founders face
- (05:52) - Deeper into his project management strategies
- (10:23) - How to create a team to scale a business
- (14:27) - What are the right professionals to run a SaaS business
- (15:38) - What is more important building x validating
- (19:09) - Deeper into his career path history
- (21:37) - What helped he succeed in his career
- (23:56) - An advice for CTOs who are building a company
- (26:02) - How does he see the impact of AI in the next 5 years
- (30:03) - His thoughts about the SaaS business market
- (31:32) - How to scale a SaaS business
- (35:16) - What is the best advice he ever received
- (36:42) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest has been a real estate investor since the 2000s and in this episode, he talks about his journey of investing through the recession of 2008 and riding the appreciation wave between 2010 and 2022. In this episode, we spend a lot of time talking about the future of real estate and where prices will go from here. Please welcome, Joel Farrell.
Key Timecodes
- (00:43) - Show intro and background history
- (03:07) - Deeper into his background history and business model
- (08:36) - Understanding his business strategies
- (18:33) - Deeper into his real estate strategies
- (26:50) - His thoughts about the real estate market
- (29:01) - A bit about his book
- (39:31) - Deeper into his networking strategies
- (42:43) - What is the worst advice he ever received
- (43:06) - What is the best advice he ever received
- (45:08) - A message from the guest
- (45:47) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest advanced to COO at age 24, President by 35, and CEO at 41. In this episode, she breaks down the 4 things you can do to stand out and advance in your career. Please welcome, Victoria Pelletier.Key Timecodes
- (01:04) - Show intro and background history
- (02:37) - Deeper into her background history and career path
- (06:15) - Understanding her personal branding strategies
- (09:47) - Deeper into her strategies
- (12:02) - The importance of storytelling
- (14:52) - How to build legacy and impact
- (16:19) - A bit about her books
- (19:23) - A key takeaway from the guest
- (20:57) - What is the worst advice she ever received
- (21:16) - What is the best advice she ever received
- (22:28) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a true entrepreneur who doesn’t know the word “quit.” She had the realization that she could continue working a corporate job her entire life but chose to become an entrepreneur and do everything it takes and never look back. In this episode, she talks about her company which is a style marketplace that connects people with stylists to help them with services including closet detox, special event styling, seasonal styling, and complete makeovers. A big takeaway is how she had to pivot the company due to the pandemic. She also talks about growth strategies which include partnering with other brands to bring people into the platform. Please welcome, Stephanie Sprangers.Key Timecodes
- (01:13) - Show intro and background history
- (04:09) - Deeper into her background history and business model
- (06:22) - Understanding her business model
- (13:41) - Deeper into her business strategies
- (19:26) - A bit about her marketing strategies
- (29:00) - A bit about her numbers
- (34:47) - How big is her team
- (36:48) - A summary of her business model and strategies
- (40:30) - A key takeaway from the guest
- (44:27) - What is the worst advice she ever received
- (45:29 ) - What is the best advice she ever received
- (46:28) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest shares his story of going to engineering school and racking up $50K in debt to getting a job to pay off that debt. Then he realized real estate investing can be a more effective way to not only pay off debt but to build wealth. In this episode, we talk about how long it took to pay off the debt, red flags to look for on the application, how much he charges per unit, and how he scaled this business to $3M in revenue. Please welcome, Mathew Pezon.Key Timecodes
- (00:59) - Show intro and background history
- (03:28) - Deeper into his background history and business model
- (06:15) - How he achieved financial independence with real estate
- (08:09) - Understanding his marketing strategies
- (10:57) - What are the red flags running that real estate model
- (13:42) - A bit about his numbers
- (15:57) - How he scaled this type of business
- (20:33) - How many properties were enough for him to be able to leave his job?
- (24:29) - What is his revenue today
- (20:55) - Deeper into his business model and strategies
- (24:21) - What are the biggest challenges he faced and how he overcame them
- (30:13) - What is the worst advice he ever received
- (31:27) - What is the best advice he ever received
- (33:05) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Did you know a single word or phrase can transform a business? My next guest shares several examples of companies that changed the name of a product or business which resulted in millions of dollars of revenue. However, finding the formula for what words and phrases work best, can be a little easier said than done and I push the guest on that, later in the show. If you’re looking to level up your marketing and sales copy, this episode is for you. Please welcome, James I. Bond.
Watch on YouTube.
Key Timecodes
- (01:27) - Show intro and background history
- (11:14) - Deeper into his background history and strategies
- (19:33) - Understanding his marketing strategies
- (22:18) - How he start his creative process
- (30:10) - Deeper into his creative naming strategies
- (35:56) - How good names can fail and the optimal approaches
- (47:15) - What is the worst advice he ever received
- (48:17) - What is the best advice he ever received
- (49:35) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
A lot of companies are looking for ways to improve marketing, sales, and operations and one of the first steps is to create a process map. My next guest has a background in process engineering and management consulting and he created a SaaS company that helps automate process mapping. In this episode, we talk about why he built this company, what specific problems it's solving, and how he plans on selling this product to large corporations. Please welcome, Sam Drauschak.Key Timecodes
- (01:20) - Show intro and background history
- (02:03) - Deeper into his background history and SaaS business model
- (06:50) - Understanding his software and how it can help companies
- (10:23) - Understanding his marketing strategies
- (16:26) - A bit about his numbers
- (20:55) - Deeper into his business model and strategies
- (24:21) - What are the biggest challenges he faced and how he overcame them
- (27:34) - What is the worst advice he ever received
- (28:14) - What is the best advice he ever received
- (29:45) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a private equity investor who shares his back story of building 4 different companies. 3 were failures and 1 was a success where he had a 7-figure exit. The most important part of our discussion was his top 5 business ideas for 2024 and why. Please welcome, LaSean Smith.Key Timecodes
- (00:58) - Show intro and background history
- (04:02) - Deeper into his background history and business model
- (14:04) - Understanding his big business success
- (17:02) - Understanding his strategies
- (21:25) - Commercial break
- (22:15) - Deeper into his business strategies
- (29:27) - In what kind of companies did he invest in today
- (43:33) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest works for a company that is disrupting the real estate industry. In today’s market, paying a realtor 4% to 5% on a $1M dollar home for a week or two of work is becoming a tough pill to swallow. The question is, what other options do you have? The answer is PropertyGuys.com where you can list your properties for a flat fee. In this episode, we talk about the fees, the potential revenue, and how to market your own PropertyGuys franchise. Please welcome, Karim Kerachni.Key Timecodes
- (01:29) - Show intro and background history
- (04:55) - Deeper into his background history and business model
- (10:29) - How is his company consumer journey
- (17:29) - A bit about his numbers
- (27:43) - Understanding his strategies
- (34:55) - Deeper into his marketing strategies
- (44:23) - What are the revenue expectations with his model
- (45:44) - A bit about his online marketing strategies
- (50:56) - What is the worst advice he ever received
- (51:41) - What is the best advice he ever received
- (54:45) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a freelance writer with over 10 years of experience, specializing in the field of personal finance, and with a particular interest in the scientific research behind irrational money behaviors. She started her career as an educator and her background in education allows her to make complex financial topics relatable and easily understood by the layperson. Please welcome Emily Guy Birken.
Key Timecodes
- (00:45) - Show intro and background history
- (04:09) - Deeper into her background history
- (13:41) - Understanding her business strategies
- (19:12) - A bit about her marketing strategies
- (25:34) - How she achieved her financial independence
- (30:23) - How money can buy your happiness
- (37:23) - What is the worst advice she ever received
- (38:44) - What is the best advice she ever received
- (40:59) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
A lot of entrepreneurs make the mistake of putting all their eggs in one basket. In other words, they only invest in their company and when they plan on retiring, they can’t sell their company. My next guest is a financial planner who specifically helps small and mid-sized business owners get on the right track with selling their companies. In this episode, she talks about the 5 pitfalls to avoid when selling a company, what percentage of entrepreneurs are prepared for retirement (it’s less than you think), and what actions entrepreneurs can take to make their company sellable. Please welcome, Violetta Terpeluk
Key Timecodes
- (00:56) - Show intro and background history
- (03:44) - Deeper into her background history and business model
- (09:10) - Understanding her business strategies
- (11:36) - Few examples of her approaches as financial advisor
- (14:42) - What are the biggest regrets of business owners after exit
- (20:48) - Her strategies as financial advisor for parents
- (25:12) - Deeper into her philosophy
- (28:05) - A key takeaway from the guest
- (27:51) - What is the worst advice she ever received
- (30:24) - What is the best advice she ever received
- (31:42) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Investing and trading are two very different strategies and the question is, can you actually make money with trading? In most cases no but there is one strategy where you can make money and that strategy is forex trading. My next guest shares his humble beginning as a trader where he lost $30K and then turned that painful event into a teachable moment, to learn how to invest the correct way. In this episode, he talks about his strategy, his returns, and how much time he invests per day. Please welcome Kevin Jefferson.
Key Timecodes
- (00:57) - Show intro and background history
- (16:55) - Deeper into his background history and trading model
- (24:29) - Did he recommend any broker?
- (31:47) - A bit about his course
- (32:47) - Understanding his strategies
- (37:19) - What kind of returns is he getting per month
- (46:07) - Deeper into his trading strategies
- (55:02) - What is the worst advice he ever received
- (56:09) - What is the best advice he ever received
- (58:32) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest has about 6 decades of experience in finance and shares her story of becoming an executive in the early 1970’s when women leaders in business weren’t common. She then shares her humble journey of becoming an author and eventually writing 28 New York Times #1 Best selling books on Money, which led to being featured on Oprah. She has a passion for helping families, especially children, become more knowledgeable about money. Please welcome, Neale Godfrey.
Watch on YouTube.Key Timecodes
- (00:59) - Show intro and background history
- (07:29) - Deeper into her background history and career journey
- (09:06) - Understanding her financial educational background
- (11:18) - A bit about her first book "Kids Money"
- (14:09) - Some takeaways about children, money and financial education
- (17:36) - Understanding the custodial account strategy
- (19:00) - A bit about her financial education app
- (23:30) - A key takeaway from the guest
- (27:23) - What is the worst advice she ever received
- (27:35) - What is the best advice she ever received
- (28:53) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest built an app that helps ecommerce brands sell NFTs on Shopify. As we talk about in this episode, building an app for an app store can be a great way to generate passive income. In this episode, we talk about the status of their company, their revenues, and their roadmap to go viral. Please welcome, Eric Mchugh.Key Timecodes
- (00:57) - Show intro and background history
- (07:00) - Deeper into his business model
- (09:55) - Understanding his e-commerce model
- (11:42) - Deeper into his business strategies
- (17:35) - How his business makes money
- (19:37) - A bit about his business model marketing strategies
- (23:00) - Understanding his revenue streams and company numbers
- (26:13) - His inspiration to create this business model
- (31:10) - What is the worst advice he ever received
- (31:23) - What is the best advice he ever received
- (32:16) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest was a salon employee making $18/hour as a cosmetologist. She hit a wall with her income limitations and decided to start her own business with no savings and no plan B. Within a year her net income went up to $80K and that’s when she decided to level up again. She decided to automate her salon where she works about 3 days per month and generates $8,000 net income. Now she works about 4 hours per day and has several rental properties including a property with 13 units. In this episode, she shares the details of her story and talks about how you can get on the fast track to FIRE with real estate if you think MUCH BIGGER. Please welcome Jessie Dillon.
Watch on YouTube.
Key Timecodes
- (01:18) - Show intro and background history
- (07:44) - Deeper into her background history and business journey
- (09:18) - Understanding her educational business strategies
- (11:10) - How she moved to real estate business model
- (13:36) - What are the red flags to avoid with partners
- (15:27) - A bit about her businesses numbers
- (17:05) - Deeper into her real estate strategies
- (27:51) - What is the worst advice she ever received
- (28:06) - What is the best advice she ever received
- (28:50) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a tech consultant who helps businesses move from Web 2.0 to Web 3.0. In this episode, we talk about what Web 3.0 is and why it matters. We also talk about how businesses can use Web 3.0 in practical ways that actually solve problems, as opposed to using Web 3.0 lingo as a superficial marketing play. Please welcome, Alexandra Nicorici.
Watch on YouTube.
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest built a B2B Real Estate SaaS that saves real estate agents a significant amount of time. Researching details on properties can require 3 to 4 hours of work. This software reduces that time down to 30 minutes or less. In this episode, he talks about how he built the company and how he was able to bring in 1,200 customers in just 3 months.
Watch on YouTube!
Key Timecodes
- (01:05) - Show intro and background history
- (05:39) - Deeper into his business model
- (07:15) - Understanding his real estate business model
- (11:28) - Deeper into his business strategies
- (17:51) - How many customers does he have on the platform
- (20:48) - How many employees does his company have
- (28:28) - A bit about his copywriting background and business model
- (33:47) - An advice for anyone looking to start a SaaS
- (40:14) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest shares his story of selling 3 other businesses including one for over $100M. Now he’s on a mission to to make finance more approachable for families, especially kids. In this episode, he breaks down the 7 money skills the app teaches and how they can transform the financial future of any child’s life. Please welcome, Scott Donnell.
Watch full episode on YouTube
Key Timecodes
- (01:04) - Show intro and background history
- (05:11) - Deeper into his background history and experiences
- (08:42) - Understanding his business model
- (17:07) - What are the 7 money skills
- (24:21) - How his business model is monetized
- (28:09) - How his app teach about investing
- (30:58) - A bit about his numbers and strategies
- (34:38) - Understanding his marketing strategies
- (41:54) - A key takeaway from the guest
- (45:55) - What is the worst advice he ever received
- (47:24) - What is the best advice he ever received
- (48:12) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?👉Join Tykr for free: https://tykr.com/ 👉Investing courses: https://edu.tykr.com/ 🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tyk...
My next guest shares his big mistake with real estate investing in 2008 and then walks us through his story of leaving a successful career as a robotics engineer and going full-time with real estate investing. As we talked about on this podcast, single family is not where you make big money with real estate, you need to move into syndicates which is exactly what my next guest did. In this episode, he breaks down his journey and talks about how his investments are making between 18% and 40% per year. Please welcome, Patrick Grimes.
Watch full episode on YouTube
Key Timecodes
- (01:07) - Show intro and background history
- (02:43) - Deeper into his background history and business model
- (07:05) - Understanding his big loss
- (08:35) - What is the biggest lesson learned with that experience
- (16:28) - Understanding his real estate business model and strategies
- (19:45) - A bit about his real estate numbers
- (25:16) - Understanding his oil and gas business model and strategies
- (28:47) - A bit about his other assets
- (39:10) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest grew a landscaping company to $10M in revenue and sold the company for an 8X multiple on EBITDA. He then started a tech company that can be described as “Uber for Lawncare”. It took 5 years to get the business moving, but now that the company is 10 years old, it’s on track to generate $30M in revenue. In this episode, we talk about mistakes made, lessons learned, and what marketing strategies work best. Please welcome, Bryan Clayton.Watch full episode on YouTube
Key Timecodes
- (00:58) - Show intro and background history
- (02:31) - Deeper into his background history and business model
- (06:54) - Understanding his business model
- (14:16) - Deeper into his business strategies
- (20:52) - How he expanded his business
- (29:03) - A bit about the company numbers
- (35:47) - When did he break a million
- (39:01) - A key takeaway from the guest
- (42:57) - What is the worst advice he ever received
- (44:44) - What is the best advice he ever received
- (48:56) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest was once a cab driver, then a teacher, and then a financial planner. In this episode, he talks about common investment mistakes people make and we also use Tykr to dive into some of the stocks in his portfolio.Watch full episode on YouTube.
Key Timecodes
- (00:42) - Show intro and background history
- (03:34) - Deeper into his background history and business model
- (07:43) - Understanding his investing model and strategies
- (14:59) - A bit about his precious metals investment model
- (18:05) - Another examples of his investments
- (28:38) - How he help and educate his clients
- (25:06) - Understanding his funds investment model
- (33:43) - What is the worst advice he ever received
- (26:20) - What is the best advice he ever received
- (34:30) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com.
Do you think you won’t retire? Believe it or not, most people feel this way and in some cases, it’s not a money issue, it’s a mindset issue. My next guest is a wealth advisor who places a high emphasis on mindset and how shifting your perspective can help give you more peace of mind with your finances. Please welcome, Tyson Ray.Watch full episode on YouTube.
Key Timecodes
- (00:46) - Show intro and background history
- (03:09) - Deeper into his background history and business model
- (07:06) - Understanding his business model and strategies
- (07:36) - Deeper into her background history and business numbers
- (09:02) - How financial advisors can help with wealth protection
- (21:34) - A key takeaway from the guest
- (25:29) - What is the worst advice he ever received
- (26:20) - What is the best advice he ever received
- (27:00) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Any opinions are those of Tyson Ray and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. FORM Wealth Advisors is not a Broker/Dealer. Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment Advisory Services are offered through Raymond James Financial Services Advisors, Inc
My next guest started his career as a financial advisor but quickly learned about some of the negatives of that industry. He decided to switch to entrepreneurship and real estate and was able to obtain financial freedom at age 28. In this episode, he touches on some of the problems with the financial advisory industry and why there are much easier ways to build wealth than just throwing your money into mutual funds. Please welcome Chris Miles.
Watch full episode on YouTube.
Key Timecodes
- (00:54) - Show intro and background history
- (07:27) - Deeper into his background history
- (14:38) - Understanding his investment strategies
- (19:17) - Deeper into his business model
- (26:43) - Understanding his real estate strategies
- (30:04) - A bit about his business numbers and revenue
- (34:16) - A key takeaway from the guest
- (38:55) - What is the worst advice he ever received
- (39:41) - What is the best advice he ever received
- (41:30) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Do you want to learn how keep 30% to 40% of your profits? The big issue a lot of small business owners face is they don’t pay themselves enough. This leads to lower salaries, more constraints within their personal life, and no money to invest in the stock market or other wealth-building channels. My next guest is a coach who uses the Profit First methodology to help small business owners keep more money. In this episode, we talk about small moves we can all make to profit more as a business owner. Please welcome, Tara Newman.Watch full episode on YouTube.
Key Timecodes
- (01:27) - Show intro and background history
- (02:48) - Deeper into her background history
- (05:06) - Understanding her business model
- (07:36) - Deeper into her background history and business numbers
- (09:17) - How to learn from failures and grow from them
- (12:39) - How to be productive with today's distractions
- (17:51) - Deeper into her business strategies
- (21:52) - A bit about her book
- (24:26) - How business owners can build a healthy company
- (27:41) - What other types of business models does she have experience with?
- (31:03) - How to start a business to achieve financial freedom
- (34:37) - A key takeaway from the guest
- (39:51) - What is the worst advice he ever received
- (40:31) - What is the best advice he ever received
- (43:07) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Do you want to learn how to sell enterprise clients? My next guest has an enterprise SaaS or in his words, DaaS (Data as a Service) which is on track to generate 8 figures in revenue in 2023. In this episode, we talk about how to acquire and onboard enterprise customers, how long the sale cycle takes, how much they charge per client, how much they raised to date, and how they will continue to scale. Please welcome, Jonathan ChinWatch full episode on YouTube.
Key Timecodes
- (00:58) - Show intro and background history
- (01:54) - Deeper into his background history and business model
- (03:33) - How long did it take to get his first client
- (05:08) - Deeper into his business model
- (11:54) - Understanding the numbers of his company
- (17:10) - Deeper into his business strategies
- (22:49) - Deeper into the company revenue
- (28:48) - Understanding the data as a service model
- (31:15) - How many years to break the 1 Million point
- (36:08) - How his company charges the clients
- (38:19) - A key takeaway from the guest
- (48:58) - What is the worst advice he ever received
- (50:19) - What is the best advice he ever received
- (53:38) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Do you want to learn how to create $1.7 million in semi-passive income per year? My next guest is a non-food franchise investor and consultant. He has a passion for helping people escape the rat race and create semi-passive income streams. In this episode, we break down the numbers on three different non-food franchise models. A few of which can generate $1.7 million a year in revenue and one of which can generate $600 thousand net profit. If you’re looking for a roadmap out of your 9-5, this episode is for you. Please welcome, Bob Bernotas.Watch full episode on YouTube.
Key Timecodes
- (00:51) - Show intro and background history
- (02:30) - Deeper into his background history
- (06:09) - How to achieve financial independence
- (07:52) - Deeper into his business numbers
- (10:53) - Understanding the timeline to get revenue with his business model
- (16:49) - Deeper into his business model and strategies
- (20:24) - A bit about his educational and consultant activities
- (23:27) - Understanding the "semi-passive" income concept
- (26:05) - What is the first step to get started with a franchise
- (27:46) - What is the worst advice he ever received
- (28:15) - What is the best advice he ever received
- (29:30) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
Do you want to learn how to create $3,500 in passive income per month? My next guest was able to do that with Laundromats. In this episode he talks about how to get started, what to look out for when purchasing a laundromat, and what kind of profit you can expect to generate per month because $3,500 is just the beginning. Please welcome Jordan Berry.
Watch full episode on YouTube.
Key Timecodes
- (01:00) - Show intro and background history
- (03:13) - Deeper into his background history
- (04:38) - Understanding his business model
- (08:31) - Deeper into his business numbers
- (22:49) - A bit about his educational program
- (25:13) - Understanding the geography for this model
- (27:24) - A failure example and how to deal with it
- (32:07) - A bit about his coaching program
- (34:24) - A key takeaway from the guest
- (39:50) - What is the worst advice he ever received
- (40:10) - What is the best advice he ever received
- (42:30) - Guest contacts
Payback Time PodcastA Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
This next season is going to be big! We started a YouTube channel for Payback Time and we already recorded close to 10 episodes. Some of the highlights include a guy who generates $3,500/month in passive income with laundromats, a guy who helps entrepreneurs create semi-passive income with non-food franchising including a model that makes $1.7M/year, and a woman who helps business owners keep 30% - 40% of their business revenues.
- Website
- YouTube channel
Want to start investing in the stock market with confidence?
👉Join Tykr for free: https://tykr.com/
👉Investing courses: https://edu.tykr.com/
🙏Trustindex Rating (4.9/5.0): https://www.trustindex.io/reviews/tykr.com
My next guest is a lifetime athlete who applies the same strategies of losing weight and getting in shape, to building wealth. It’s all about celebrating the small inputs and not dwelling on the final results. The problem is, that most people go into a goal focused on the results which is why they fail. If you want to lose weight, you need to focus on the consistent daily steps and celebrate when you complete those steps. The same is true for building your wealth. You need to establish small milestones and celebrate when you reach those milestones. Mindset is a topic we don’t talk about often enough on this show but in this case, my next guest breaks it down. Please welcome Chad Hufford.
Key Timecodes
- ((00:58) -Show intro and background history
- (01:40) - Deeper into his background history
- (03:53) - Understanding his business model
- (05:53) - Deeper into his mindset, business model and strategies
- (16:58) - How discipline can help people to achieve financial freedom
- (20:18) - How to make something difficult easier
- (28:26) - Patience and consistency as key factors in achieving desired goals
- (34:30) - What is the worst advice he ever received
- (35:08) - What is the best advice he ever received
- (37:00) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
My next guest spent 3 years in corporate America and decided, this is enough for me. He found a quote that said, “7 out of 10 millionaires build their wealth with real estate.” Building wealth was one motivation but his true north star was creating passive income so he could spend more time with his family. In this episode, we talk about the Build-to-Rent model, some of the benefits of this model, and how investors can start creating passive income with less up-front capital. Please welcome Jim Sheils.
Key Timecodes
- (00:45) - Show intro and background history
- (01:57) - Deeper into his background history and business model
- (04:49) - Understanding his "build to rent" model
- (07:33) - Deeper into the business model and strategies
- (11:38) - How his model can help people to achieve financial freedom
- (15:12) - Deeper into his strategies with the properties
- (19:38) - How investors can work with him
- (21:08) - A bit about his educational model
- (21:50) - How about his book "18 Summers"
- (26:38) - What is the worst advice he ever received
- (26:50) - What is the best advice he ever received
- (29:17) - Guest contacts
Payback Time PodcastA Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to invest with confidence?
- 👉Join Tykr for free
- 👉Investing courses
- 🙏Trustindex Rating (4.9/5.0)
My next guest created a SaaS business that is similar to DoorDash but helps with more than food delivery. They consider themselves a “last mile concierge service” which can deliver food, medications, dry cleaning, and more. They launched in a few cities in the US but found strong traction in Ohio where their projected revenues are on track to exceed $2.5M in 2023. In this episode, we talk about how they market the company and how they will scale this SaaS in the B2B space. Please welcome Cameron Black.
Key Timecodes
- (00:51) - Show intro and background history
- (02:35) - Deeper into their background history and business model
- (06:21) - Some company numbers
- (07:33) - Deeper into the business model and strategies
- (13:30) - Understanding the hiring process of the company
- (13:59) - Deeper into their marketing strategies
- (19:44) - What type of certifications does this activity need
- (25:59) - How the company raised capital
- (26:31) - More about the company numbers
- (40:40) - Guest contacts
Payback Time PodcastA Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to invest with confidence?
- 👉Join Tykr for free
- 👉Investing courses
- 🙏Trustindex Rating (4.9/5.0)
My next guest left his corporate job to pursue a career in non-food franchising. Now today, he has a network of over 600 different franchise models that can help people escape the rat race and become full-time entrepreneurs. In this episode, we talk about some of the business models, including project-based revenue and recurring revenue, we also talk about which models can generate $1M/year in top-line revenue with 25% profit margins, and we talk about his process of finding the best franchise businesses for specific geographic locations. Please welcome Jon Ostenson.
Key Timecodes
- (00:54) - Show intro and background history
- (02:35) - Deeper into his background history and business model
- (04:19) - How he started his franchising journey
- (05:23) - Deeper into his business model and strategies
- (06:40) - A few examples of the types of franchises he works with
- (11:39) - Deeper into his strategies and investing model
- (12:22) - How to achieve financial independence on exit day in this model
- (14:33) - Which types of franchises have recurring revenue models
- (16:06) - How to get involved with his business model~
- (18:42) - How to choose the right franchise for each investor
- (20:46) - Is it possible to work part-time with that business model?
- (23:10) - A key takeaway from the guest
- (26:03) - What is the worst advice he ever received
- (26:37) - What is the best advice he ever received
- (27:38) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
Want to invest with confidence?
- 👉Join Tykr for free
- 👉Investing courses
- 🙏Trustindex Rating (4.9/5.0)
My next guest has a strong background in the cryptocurrency and blockchain space, and he talks about his transition to creating a fund that helps other institutions service their customers with crypto portfolios. In this episode, we discuss the pros and cons of incorporating a fund in the Cayman Islands, how to overcome objections related to the FTX scandal, how they reduce risk, and the potential of a single world currency. If you’re interested in crypto, this episode is for you. Please welcome David Doss.
Key Timecodes
- (00:50) - Show intro and background history
- (02:35) - Deeper into his background history and businesses model
- (05:36) - How he started his entrepreneurial journey
- (06:36) - Deeper into his business model and strategies
- (11:09) - Understanding his cryptocurrency background
- (13:18) - Deeper into his cryptocurrency strategies and investing model
- (19:29) - What type of certifications does this type of business need?
- (21:11) - A bit about the expected returns at his business model
- (22:05) - The Cayman Islands, FTX, and the recent cryptocurrency confidence crisis
- (27:57) - Who can invest in his business as a client?
- (28:58) - The single world currency perspective
- (39:35) - What is the worst advice he ever received?
- (40:09) - What is the best advice he ever received?
- (42:56) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you've come to the right place.
My next guest is a lifelong entrepreneur who created a financial newsletter almost 20 years ago, that helps investors earn 15% per year with ETFs. Not only that, the maximum losses with his strategy are around 6%. In this episode, we talk about his investing and trading background and the specific strategy he uses today. Please welcome Chris Vermeulen.
Key Timecodes
- (00:43) - Show intro and background history
- (03:03) - Deeper into his background history and family business models
- (04:45) - What was his first passive income font
- (07:49) - Deeper into this business strategies
- (12:12) - Understanding his trading strategies
- (21:04) - Deeper into his strategies and technical details on this investing model
- (30:24) - The different strategies for protecting and growing wealth
- (33:33) - A key takeaway from the guest
- (38:58) - What is the worst advice he ever received
- (41:42) - What is the best advice he ever received
- (45:20) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest is a lifelong entrepreneur and investor who runs a unique venture capital firm that doesn’t specialize in one specific industry. In this episode, he talks about what he looks for in founders, what he looks for with companies, and how his firm structures its deals differently than traditional VC firms. Please welcome Patrick Donohue.
Key Timecodes
- (00:38) - Show intro and background history
- (02:53) - Deeper into his background history and business models he invests in
- (04:36) - Understanding his venture capital business model
- (11:11) - Deeper into his diverse portfolio of business strategies
- (14:59) - How he generates ongoing cash flow
- (17:33) - Deeper into his criteria and strategies
- (25:00) - What is the minimum investment size
- (27:26) - A key takeaway from the guest
- (28:58) - Another key tactical takeaway from the guest
- (31:37) - A bit about his book
- (33:57) - What is the worst advice he ever received
- (34:22) - What is the best advice he ever received
- (38:37) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest is an engineer by trade who previously worked on hybrid technologies for auto manufacturers including Chrysler, Ford, and VW, and worked in the semiconductor industry. A common thread he became passionate about was mentorship. This led him to create a B2B SaaS business that helps organizations build a stronger community through mentorship. In this episode, we talk about how he generates leads, how much he charges his customers per month, and the next step entrepreneurs can take to become subject matter experts. Please welcome Ravi Gundlapalli.
Key Timecodes
- (00:52) - Show intro and background history
- (02:46) - Deeper into his background history and hybrid car experience
- (07:12) - Understanding his mentoring business model today
- (10:44) - Deeper into the platform model and business strategies
- (16:35) - Understanding the pricing philosophy and strategies
- (23:13) - Deeper into his B2B marketing strategies
- (26:20) - How he engages people in his online conferences as a speaker
- (29:15) - A key takeaway from the guest
- (35:08) - What is the worst advice he ever received
- (36:17) - What is the best advice he ever received
- (38:31) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
“The fear of regret is GREATER than the fear of not moving forward.” A variation of this quote is later discussed in this episode where my next guest talks about her backstory of transitioning from a cushy financial planning career to starting her own financial/life coaching business. Overall, she wasn’t going to sit on the sidelines talking about doing something. She needed to act and there is no better time than now. Today, she primarily serves women and some of the most frequently asked questions include do I have enough money saved based on my age, how do I deal with the loss of a spouse, how do I invest on my own, and how do I pay off debt. In this episode, we answer some of those questions and talk about where she helps her customers most. Please welcome Patti Handy.
Key Timecodes
- (01:06) - Show intro and background history
- (02:46) - Deeper into her background history and career transition
- (07:12) - Understanding her business model today
- (08:23) - Her philosophy of "money mindset"
- (10:57) - Deep diving into her courses and mentoring model
- (17:14) - How she helps women with financial education
- (20:46) - What types of investments does she usually guide her clients to learn more about?
- (22:47) - Deep diving into her investment philosophy
- (26:20) - How much she charges for her courses and coaching services
- (27:31) - A key takeaway from the guest
- What was the worst piece of advice he ever got?
- (31:06) - What is the best advice he ever received
- (35:34) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest began his tech career back in the 1990’s (high school years) when he built a web design company. In college, he continued using those skills and even built a website for a publicly traded company. After graduating, he worked for a startup, then built and sold a consulting firm, and then eventually started a boutique venture capital firm that currently invests in B2B SaaS companies. In this episode, we talk about what type of founders they look for, how much they invest, and the state of the market in 2023. Please welcome Jay Levy.
Key Timecodes
- (00:52) - Show intro and background history
- (03:45) - Deeper into his background history and the company he built and sold
- (05:32) - A bit about the numbers of that transaction
- (06:41) - What type of B2B SaaS businesses he look for
- (08:19) - A few more examples of companies under his radar
- (12:14) - How many employees does his company have
- (13:17) - Deeper into his business model and strategies
- (15:19) - His thoughts about the market at this moment
- (18:56) - How founders can be prepared to the rising funds challenging moment
- (22:48) - How difficult is to a startup raise funds with venture capitalists
- (25:54) - A key takeaway from the guest
- (29:04) - What is the worst advice he ever received
- (29:26) - What is the best advice he ever received
- (30:46) - Guest contacts
Payback Time PodcastA Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was a sales executive who made the transition to creating an agency that helps tokenize businesses. In this episode, we talk about the types of businesses they tokenize, why a business might want to tokenize, and what kind of returns investors like you and I can expect. Please welcome Mark Fidelman.
Key Timecodes
- (05:58) - How his business model works and can create passive income with tokens
- (09:09) - How safe is that token model
- (10:17) - How he makes money with this business
- (12:04) - Deeper into her business architecture and strategies
- (13:40) - Few platforms retail investors can use to find tokenized companies
- (16:07) - How the tokenized investments can create passive income
- (20:20) - A bit about the risks and how to mitigate it
- (23:03) - A few examples of companies in this model
- (26:45) - Do the tokenized companies have their Financial Statements available?
- (30:13) - A key takeaway from the guest
- (35:23) - What is the worst advice he ever received
- (35:44) - What is the best advice he ever received
- (37:08) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest made the transition from angel investor to co-founder of a B2B SaaS that helps companies organize data. In this episode, we talk about their unique sales process on how they quickly get people to use the platform and transition to paying customers. We also talk about how they raised over $100M and they haven’t had to touch a single dollar of their latest funding round, because they achieved positive cash flow. If you’re building a SaaS company, this episode is packed full of a lot of great tips. Please welcome Garima Kapoor.
Key Timecodes
- (00:51) - Show intro and background history
- (02:26) - Deeper into her background history and SaaS business experience
- (05:56) - Understanding her SaaS business model
- (07:26) - How her AI component works
- (11:49) - What are her motivations for building that business model
- (14:31) - How the company acquires customers and how it makes a profit
- (20:49) - Deeper into her business open source architecture and strategies
- (25:05) - A bit about her company numbers
- (29:11) - Deeper into her business philosophy
- (39:48) - When was the company founded, and how many employees does she have now
- (32:16) - Deeper into her fundraising strategies
- (38:54) - A key takeaway from the guest
- (40:08) - Rapid fire round (personal questions)
- (43:40) - What is the worst advice he ever received?
- (44:13) - What is the best advice he ever received?
- (47:01) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest is an entrepreneur who has built a company that helps students go to college debt free. In this episode, we talk about various strategies such as how to negotiate tuition, how to get school paid for by the school itself, and how to earn grants from the school or people associated with the school. If you’re thinking about going to college but worried about the costs, this episode is for you. Please welcome Shellee Howard.
Key Timecodes
- (00:43) - Show intro and background history
- (06:08) - Deeper into her background history and business experience
- (09:40) - How she started the educational business model
- (12:01) - How her business model works, and how can it help students
- (15:12) - Deeper into her strategies to reduce educational costs
- (16:30) - What types of degrees she helps students to get
- (20:58) - Deeper into her business strategies
- (24:55) - Deeper into her philosophy
- (35:09) - How to create educational and career options
- (36:44) - A key takeaway from the guest
- (39:30) - What is the worst advice he ever received
- (40:31) - What is the best advice he ever received
- (41:48) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest has owned 23 businesses including one business where a customer chucked a burrito at his head. Moments like that made him say “You know what, maybe this business isn’t for me.” He’s been through the good, the bad, and the ugly and now has a ton of experience to help other business owners avoid mistakes and achieve their dreams. In this episode, we break down some of his major lessons learned as well as some of his biggest wins. As we talk through what works and what doesn’t work in business, we lead up to the company he’s building today which is a membership business model. He’s big on building businesses with recurring revenue and high retention. Please welcome David Alexander.
Key Timecodes
- (00:57) - Show intro and background history
- (05:27) - Deeper into his background history, failures, and successes
- (09:04) - Lessons learned from the failures
- (16:18) - A bit about a franchising business that he sold
- (23:43) - Understanding his Trustegrity business model
- (29:39) - A bit about the numbers of his business model
- (32:31) - The importance of networking
- (36:40) - How investing in stocks can help entrepreneurs
- (47:24) - What is the worst advice he ever received
- (48:28) - What is the best advice he ever received
- (49:39) - Time machine question
- (51:50) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was a public accountant, who eventually moved over to a controller role, and then eventually worked his way up to CFO. However, he wasn’t totally satisfied with trading his time for money which is why he started investing in real estate at early as he could. In this episode, we talk about his 10-year timeline to achieving FIRE and we also talk about his company and what types of asset classes they invest in today. Please welcome Michael Meade.
Key Timecodes
- (00:47) - Show intro and background history
- (02:45) - Deeper into his background history
- (03:35) - Understanding his real estate strategies
- (06:28) - Where are his properties located?
- (09:18) - Some numbers and revenue of his business model
- (11:34) - His thoughts about the real estate market today
- (19:43) - What opportunities is he looking for in the real estate market
- (21:00) - How someone can join and invest in his business model
- (21:47) - What are the return expectations
- (23:52) - Deeper into the real estate investment fund model
- (29:56) - Rapid fire round (personal questions)
- (31:30) - What is the worst and best advice he ever received
- (33:15) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was a professional hockey player who talks about his transition to real estate investing, to real estate education, and finally on to starting and growing a virtual assistant company. In this episode, we talk about the pros and cons of hiring virtual assistants, how to get them up to speed fast, and how to leverage their skills to help scale your company. Please welcome Bob Lachance.Key Timecodes
- (00:42) - Show intro and background history
- (05:11) - His background as a hockey player
- (06:25) - His VA and real estate business models
- (07:24) - Deeper into his real estate background and strategies
- (11:11) - How to start investing in real estate and buy the first property
- (12:38) - Deeper into his VA business model
- (14:05) - Understanding his team overseas
- (14:32) - Deeper into his VA business model and strategies
- (17:02) - How his virtual assistants' team training works
- (21:36) - The pros and cons of using the VA workforce
- (24:40) - How he scale his VA business
- (27:16) - Finding great talent around the globe
- (31:03) - What is the worst advice he ever received
- (31:37) - What is the best advice he ever received
- (32:50) - Guest contacts
Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was a software engineer that originally tried day trading, then moved on to value investing, and then eventually moved on to trend following by using TA (technical analysis). In this episode, we talk about his company, his strategy, and even dive into 3 stocks that have generated impressive returns over the last 5 years. Please welcome Zaheer Anwari.
Key Timecodes
- (00:42) - Show intro and background history
- (01:37) - Deeper into his background history and business model
- (03:38) - His transition from day trading to value investing
- (07:32) - Deeper into his investing strategies
- (13:48) - Understanding his courses business model
- (17:56) - How he charge for that educational models
- (18:21) - A bit about his numbers
- (18:53) - Deeper into his business model and strategies
- (23:50) - How the company is structured
- (25:22) - In what companies are his investments focused
- (26:46) - What type of certifications does his company have
- (27:34) - Deeper into his returns and some stocks he holds
- (40:04) - What is the worst advice he ever received
- (41:26) - What is the best advice he ever received
- (43:33) - Guest contacts
Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest has over 10 years of experience working in sales for large corporations including Gartner and Salesforce. In parallel to his corporate track, he invested in a service business and then sold his shares after 5 years. In this episode, we talk about the specific company he invested in, how much he invested, how much he sold his shares for, and what he works on today. Please welcome Stephen Courson. Key Timecodes
- (00:42) - Show intro and background history
- (03:38) - Deeper into his background history and business model
- (06:03) - How much did he invest originally
- (07:51) - How about the revenues of this business model
- (10:28) - Who does his business serve
- (11:21) - How he structured his new business model
- (15:48) - Deeper into his B2B business strategies
- (18:14) - How does the company host the courses
- (21:34) - Deeper into his courses strategies as a business
- (26:15) - Deeper into his philosophy
- (29:59) - A new educational perspective
- (32:19) - How his philosophy aligns with the TYKR strategies
- (34:03) - A key takeaway from the guest
- (41:36) - What is the worst advice he ever received
- (42:32) - What is the best advice he ever received
- (44:18) - Guest contacts
Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was an attorney who also worked in management consulting as well as private equity. He eventually stumbled upon a unique opportunity in the energy industry. He joined a startup that helps companies save as much as 25% per month on energy costs. In this episode, we talk about how energy is saved, how they sell B2B, and how he helped grow this company from 15 employees to over 150 employees in 4 years. Please welcome Sam Ramadori.
Key Timecodes
- (00:46) - Show intro and background history
- (01:53) - Deeper into his background history and philosophy
- (05:03) - Understanding his business model and AI technology
- (10:05) - How his AI technology can help clients to save energy
- (14:34) - How his technology can integrate with other systems
- (16:50) - What kind of average energy savings his product can bring to clients
- (20:49) - Deeper into his business model
- (23:46) - How about his company size
- (25:18) - What are his sales process and strategies
- (27:58) - How the company raise capital
- (30:19) - May the company go public soon?
- (33:21) - What is the worst advice he ever received
- (33:55) - What is the best advice he ever received
- (36:10) - Guest contacts
Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was a 4.0 medical student who decided she truly wanted to enjoy more freedom in life which motivated her to get into entrepreneurship, specifically franchise opportunities. Today she’s a franchise coach who helps people escape the rat race and find opportunities that generate recurring revenue and at the same time build equity, so you can sell a business for a significant profit. In this episode, we talk about the types of franchise businesses she works with (hint, these are not food franchises), how big of an investment is required, how long of a timeline you can expect from approval to revenue, and the mindset you need to even get approved. Please welcome Kim Daly.
Key Timecodes
- (01:00) - Show intro and background history
- (01:25) - Deeper into her background history
- (08:23) - Understanding her franchise consultancy business model
- (09:56) - What types of businesses does she focus in
- (18:54) - Another example of a franchise business to invest
- (23:06) - What kind of investment is needed to start a franchise business
- (26:57) - How the owner can operate that type of business
- (35:51) - What are the revenue expectations
- (35:55) - Is keeping the full-time job parallel when opening a franchise business possible?
- (39:55) - How about the sales, marketing, and advertising in her business model
- (49:23) - Deeper into her philosophy
- (54:46) - What is the worst advice he ever received
- (55:05) - What is the best advice he ever received
- (56:51) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest is an entrepreneur that has built several businesses and moved on to writing a book that helps structure the family like a business. Don’t worry, he doesn’t talk about corporate meetings, quarterly statements, and PowerPoints. What he does talk about is the importance of communication and helping the family become transparent with goal setting and how they can achieve those goals. Inspired by the book, Good to Great, written by Jim Collins, this book is titled The Family Flywheel. Please welcome Aaron Shelley.
Key Timecodes
- (00:47) - Show intro and background history
- (02:35) - A bit about his book
- (04:56) - Understanding his philosophy
- (08:56) - Why money may not be a taboo subject in families
- (11:27) - How to educate kids about money and investments
- (14:52) - A little about Sean's family background
- (22:20) - The importance of networking as a social resource
- (29:02) - Building a healthy career is not just about having a degree
- (32:30) - Balance as a key between career and personal life
- (35:36) - The concept of emergency social resources
- (37:23) - The importance of the family and mental health
- (40:29) - Deeper into his philosophy
- (44:16) - A key takeaway from the guest
- (47:05) - What is the worst advice he ever received
- (47:27) - What is the best advice he ever receives
- (48:18) - Guest contacts
Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest was an actuary in the early part of his career until 2019 when he and his wife achieved FIRE (Financial Independence, Retire Early). At that point, he started a blog and wrote a book that helps children save and invest. In this episode, we break down some of the key takeaways such as rich vs wealthy, why an allowance can teach kids to save early, and why patience is the #1 strategy you need to become wealthy. Please welcome Will Rainey.
Key Timecodes
- (00:48) - Show intro and background history
- (03:14) - Deeper into his business model
- (05:51) - A bit about his book
- (07:15) - Understanding his corporate experience
- (08:08) - What are the key takeaways from his book
- (11:18) - The difference between being wealthy and rich
- (13:02) - What parents can do to help their children learn about money
- (18:21) - Stocks as businesses that we are investing in
- (19:51) - A bit about joint and custody accounts
- (22:16) - The foundations of teaching young people about money and investing
- (23:20) - Deeper into his book and philosophy
- (25:22) - Does he provide educational webinars or school seminars?
- (26:19) - A key takeaway from the guest
- (28:55) - What is the worst advice he ever received
- (29:20) - What is the best advice he ever receives
- (30:11) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest served in the US Navy then went on to work for IBM, and thereafter climbed the ranks in multiple large corporations until he retired as SVP at Cigna Insurance. He talks about the pain of going through the dotcom bubble between 2000 and 2002 as well as the housing crash in 2008 and that he didn’t fully recover until 2014. Overall, his portfolio was down for 14 years. The question is, how does an investor protect against this? The answer is a system he put together that allows investors to protect against downside risk. In this episode, he talks about how his system and strategy work and what stocks he invests in today. Please welcome John Duffy.
Key Timecode
- (01:03) - Show intro and background history
- (03:11) - Deeper into his business today
- (04:54) - Understanding his philosophy
- (09:20) - Understanding his investing strategies
- (11:16) - What type of indicators does he look for regarding trends
- (15:16) - What are his average returns
- (17:29) - What are the shortest term durations he used to hold stocks
- (17:54) - Is he concerned about tax events?
- (19:04) - How much time does his strategy require per week?
- (20:41) - The differences between his platform and TYKR philosophy
- (25:56) - Some examples of stocks he invests in today
- (32:03) - Deeper into his platform, how it works, and if it has a trial period
- (38:18) - What is the worst advice he ever received
- (38:52) - What is the best advice he ever receives
- (42:15) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest is a young entrepreneur who shares his journey of building a marketplace SaaS that allows users to rent sports surfaces and arenas such as hockey rinks and basketball courts. He breaks down his transition from school, how long it took to validate the idea, how he markets the business, and how he and his team have built an audience with over 150,000 monthly active users and over 3,000 sports surfaces in 11 major cities. Please welcome Jonathan Azouri.
Key Timecodes
- (00:49) - Show intro and background history
- (03:12) - Deeper into his blog
- (04:00) - How the blog is monetized
- (05:31) - Understanding his business model
- (10:32) - How about the prices of the user journey
- (12:39) - How his platform helps venues to get more exposure and revenue
- (14:43) - Deeper into his business model
- (16:46) - In which cities does the platform operate?
- (17:24) - A bit about his charging fees for the venues
- (20:00) - Deeper into the consumer side of the app
- (22:10) - How about the company funding
- (23:59) - A bit about his strategic partners
- (29:43) - Some company numbers
- (30:54) - How big is his team
- (33:22) - How many years of research did he have before launching the app?
- (34:40) - Listening to the customers as a strategic philosophy
- (36:43) - What is the worst advice he ever received
- (37:04) - What is the best advice he ever receives
- (38:04) - Guest contacts
Payback Time Podcast A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest has worked in the startup funding industry for over 12 years. In this episode, we talk about the challenges of raising venture capital including the time and the unfortunate number of “no’s” you get before you maybe get one “yes”. If you can’t raise funds from a bank, venture capital, or private equity, then what options remain? We answer that question in this episode. Please welcome Justin Renfro.
Key Timecodes
- (00:43) - Show intro and background history
- (02:45) - Deeper into his business model
- (08:12) - Understanding the Wefunder platform
- (11:50) - Few comments about startup funders' options
- (14:47) - How to facilitate access to funding and investing in potential business
- (16:19) - How does the platform make money?
- (18:36) - Deeper into the platform model
- (20:24) - How founders can raise capital from the investors in the platform
- (23:44) - Does the platform actively promote the businesses' campaign pages?
- (24:45) - What kind of risks do the investors face
- (25:58) - How the platform brings founders and investors together
- (29:03) - A key takeaway from the guest
- (34:07) - What is the worst advice he ever received
- (35:52) - What is the best advice he ever received
- (38:56) - Guest contacts
Payback Time Podcast
A Podcast on Financial Independence. Hosted by Sean Tepper. If you want to learn how to escape the rat race, create passive income, or achieve financial freedom, you came to the right place.
My next guest is a financial advisor turned financial coach who helps people get on the fast track to financial freedom. In this episode, we talk about various strategies you may use to achieve financial freedom including starting a business and real estate. We specifically deep dive into a real estate strategy known as “seller financing” which can generate an estimated monthly income of $500 per property. Please welcome Jerry Fetta.
Key Timecodes
- (00:44) - Show intro and background history
- (02:42) - Deeper into his business model
- (06:02) - His thoughts about education and business education
- (08:09) - Few comments about diversification
- (09:57) - Did he coach his customers about creating recurring revenue?
- (12:30) - What kind of real estate he recommends to his customers?
- (16:35) - Deeper into the seller financing real estate model
- (17:35) - Does she have any other hot sales she can tell us about?
- (18:56) - Deeper into this business model
- (21:24) - What are his strategies to leave the corporate job and have financial independence
- (24:37) - A bit about his book
- (30:15) - How to get the clients educated and working at a serious level
- (32:00) - What is the worst advice he ever received
- (32:23) - What is the best advice he ever received
- (33:42) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Christine McDannell is back and this time we’re breaking down 3 case studies on selling businesses. One sold for $3.5M and the other two sold for multiple six futures. Let’s dive in!
Key Timecodes
- (00:30) - Show intro and background history
- (05:33) - Deeper into her business model
- (08:28) - How many employees does she have in that business
- (09:15) - A bit about the numbers
- (12:25) - Did this business have any recurring revenue?
- (14:19) - A key takeaway from the guest
- (17:35) - Does she have any other hot sales she can tell us about?
- (18:56) - Deeper into this business model
- (21:00) - How does she charge for her services?
- (23:30) - How many different deals can she manage at once?
- (26:44) - Why not skip college and start making money early?
- (29:10) - Another case study from her businesses
- (35:00) - Deeper into that business model
- (42:36) - Guest contacts
Joe Tolzmann - How to scale a B2B SaaS for Construction.
My next guest originally worked in the property restoration industry and faced a lot of repeated steps and time-consuming activities. He decided to solve those problems by creating a SaaS platform that saves time and helps property restoration companies run more efficiently and now today that platform has cut admin labor down by 50%. In this episode, we talk about how he created the company, what he does for marketing and sales, what challenges he faces today, and his exit strategy. Please welcome Joe Tolzmann.
Key Timecodes
- (00:49) - Show intro and background history
- (01:17) - Deeper into his history before creating the SaaS business
- (04:10) - When he started to develop the SaaS model
- (04:54) - Does he still run the property restoration management company?
- (05:41) - Deeper into his business model
- (06:11) - How about his pricing model
- (06:53) - Deeper into the human labor reduction strategies
- (07:45) - How big is his team
- (08:14) - How many engineers does he have on his team
- (10:13) - does he offer some trial period of the product?
- (12:51) - What are the marketing channels he uses to get exposure
- (13:32) - Is he doing some paid advertising?
- (14:26) - What is the biggest challenge he faces growing the business?
- (15:03) - Is his team remote or working at the same location?
- (15:34) - Deeper into the business funding
- (15:49) - How many customers does he have?
- (17:31) - A key takeaway from the guest
- (19:29) - What is the worst advice he ever received
- (19:58) - What is the best advice he ever received
- (21:05) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
My next guest has over 15 years of marketing experience with an emphasis on building marketplace businesses. A marketplace is an application with two audiences on one platform. Some examples you may be familiar with include Zillow, Airbnb, Etsy, Groupon, and Ebay. This is not an easy business to start because you have to figure out what type of marketing and sales strategies attract each audience. In this episode, we talk about how to start a marketplace, how to bootstrap marketing, and how to balance growth between the two audiences. Please welcome Branden Cobb.
Key Timecodes
- (00:53) - Show intro and background history
- (01:38) - His definition of marketplace
- (02:38) - Why he decided to focus on this business model
- (03:33) - How he started with this business model
- (06:13) - Deeper into his business model and lessons learned
- (13:32) - Is he running ads to monetize or focusing on consumers?
- (14:51) - Deeper into his takeaways and strategies
- (16:42) - What are his strategies to get a viral effect
- (21:02) - Is he working with venture capital or bootstrapped investors?
- (23:12) - A bit about the scalability of that model
- (24:47) - A key takeaway from the guest
- (27:37) - What is the worst advice he ever received
- (28:16) - What is the best advice he ever received
- (29:44) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
My next guest is a mathematics and data specialist who has been working on a platform that helps large institutions save money and increase profits with commodities. In this episode, we talk about his company, some of the specific problems it solves, and a little bit about the commodities market. Please welcome Noah Healy.
Key Timecodes
- (00:37) - Show intro and background history
- (01:24) - Deeper into his background and career path
- (03:27) - How he monetized this business
- (05:36) - What is his SaaS core idea
- (06:24) - What are the benefits for the institutions using his services
- (09:58) - Is he collecting data with his platform?
- (11:51) - Deeper into his SaaS business model
- (12:58) - The importance of commodities business in the world economy
- (14:21) - What is the major milestone he is focused on
- (16:07) - A key takeaway about commodities for retail investors
- (20:50) - What amount of returns can be expected for retail investors investing in commodities
- (21:48) - A bit about the risks in the commodities market
- (23:42) - His recommended resources for those who want to know more about the commodities market
- (27:37) - What is the worst advice he ever received
- (28:04) - What is the best advice he ever received
- (36:40) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
My next guest left his career as a financial planner and created a company that helps others achieve financial independence. In this episode we talk about the top ways to create passive income, why debt freedom does not equal financial freedom, why a 401K is holding you back, what infinite banking is, and the #1 biggest obstacle to achieving financial independence. Please welcome Russ Morgan.
Key Timecodes
- (00:44) - Show intro and background history
- (01:48) - Deeper into his background and career path
- (03:22) - What is the "investor DNA."
- (05:53) - What types of investments does he focus on
- (08:10) - How to achieve financial independence
- (09:58) - Understanding his business model in deep
- (11:15) - One of his home run investments over the last ten years
- (12:21) - Debt freedom is not financial freedom
- (15:16) - What is infinite banking
- (21:02) - Why 401k is the worst vehicle for financial freedom
- (26:03) - Why a 401k is a money jail
- (27:41) - Cash is king, but it needs a new throne
- (30:45) - Is it worth paying off your home or investing the money?
- (34:46) - What is the biggest obstacle to achieving financial freedom
- (36:59) - A key takeaway from the guest
- (38:52) - What is the worst advice he ever received
- (39:19) - What is the best advice he ever received
- (40:10) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Josh Dudick - How to consistently beat the market by over 6% per year.
My next guest has over 15 years of experience as an investor and trader. We worked at companies including Citibank, Chicago Trading Company, and Flow Traders. He eventually went on to start his own investment fund that has outperformed the market by 6% since its inception in 2019. Today, while he continues to build his fund, he also started a money blog, topdollarinvestor.com, which helps beginner investors become more educated on money, investing, passive income, credit cards, real estate, and more. In this episode we talk about his journey, what he invests in, and what we can expect to happen in the stock market over the next 12 months. Please welcome Josh Dudick.
Key Timecodes
- (01:01) - Show intro and background history
- (01:49) - Deeper into his background and career path
- (02:25) - Understanding his investment strategy
- (04:23) - His trading strategies
- (07:23) - Understanding his personal investing strategy
- (10:54) - His real estate strategy
- (14:18) - Understanding his business model and the Top Dollar Company
- (19:29) - His thoughts and perspectives about the market
- (23:32) - One key takeaway from the guest
- (27:47) - What is the worst advice he ever received
- (28:02) - What is the best advice he ever received
- (30:22) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Bob Elliott - Earn the returns of a hedge fund without the red tape.
My next guest comes from an unorthodox background with an interesting transition. He’s a botanist, which is an expert in plant science and biology but early on in his career, he got into finance. This emphasizes the fact that you most certainly don’t need a degree in finance to be good at investing. He has nearly 20 years of experience in finance including 13 years at Bridgewater, the largest hedge fund in the world where he served as Head of Ray Dalio’s Research Team. Thereafter he went into venture capital and then he started his own ETF which is designed to match the returns of hedge funds. In this episode, we talk about the pros and cons of hedge funds, what kind of assets are within the ETF, the returns an investor can expect, and how retail investors can buy this product. Please welcome Bob Elliott.
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Key Timecodes
- (01:08) - Show intro and background history
- (04:15) - Deeper into her background and career path
- (06:22) - You don't need a degree to be successful in a finance market
- (07:42) - His transition and philosophy as a VC investor
- (12:20) - Understanding his business model today
- (15:01) - Deeper into his business model and strategies
- (18:52) - Deeper into his ETF business strategy
- (18:32) - How many partners and employees did he have
- (24:33) - Who does he sell his products to?
- (28:57) - Deeper into his numbers and returns
- (30:06) - How his fund performed in 2021
- (33:45) - His strategy to build bundles of ETFs
- (35:30) - One key takeaway from the guest
- (41:28) - What is the worst advice he ever received
- (42:43) - What is the best advice he ever received
- (45:09) - Guest contacts
Matt Palmquist - From Pro Basketball to Marketing Agency.
My next guest went from D1 Basketball to the Pros and then transitioned to a career in Marketing. After working for several years for a firm, he decided to take the leap and start his own agency. In this episode, we not only talk about how he built his company but also talk a lot about his agency's key service which is reputation management. When companies grow fast, things can slip through the cracks which can trickle down and negatively impact the customer. This can trigger bad reviews and reviews are a key marketing driver for a company. The question is, how do you resolve these bad reviews? We answer that question in this episode. Please welcome Matt Palmquist.
Key Timecodes
- (00:56) - Show intro and background history
- (02:03) - Deeper into her background and career path
- (04:05) - The high-performance athlete background and his transition to entrepreneurship
- (06:14) - Understanding his business model
- (09:06) - How was his transition from working for other companies to founding his own agency
- (11:21) - Deeper into his business
- (13:11) - A bit about reputation management
- (16:58) - Talking to the unsatisfied customers to understand their pain
- (18:32) - How many employees did he have
- (20:00) - Using contractors as qualified professionals to grow a team
- (24:35) - Deeper into his numbers and strategy
- (26:13) - How he provides the reputation management services
- (29:38) - How he charges for these services
- (34:41) - The importance of great customer relationship and reputation management
- (36:59) - His strategy to build a passive income strategy
- (42:51) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Bob Diamond - A roadmap to exit the rat race.
My next guest is a real estate attorney who ran his own practice, worked for a small practice, and worked for a large firm. He came to a point where he was sick of trading his time for a paycheck and realized he needed to figure out a way to create passive income. In this episode, he breaks down the roadmap on how he monetized his knowledge and started selling it through infomercials which lead to selling it through the internet. He breaks down the steps on how to generate leads, create a value ladder, how much to charge, and how to build an amazing team. Now today, he lives comfortably in Puerto Rico enjoying the fruits of his labor. Please welcome Bob Diamond.
Key Timecodes
- (00:55) - Show intro and background history
- (02:02) - Deeper into her background and career path
- (07:06) - The importance of a good network
- (08:11) - How he made his transition to build a passive income stream
- (17:49) - The SaaS business model
- (23:27) - Deeper into his business model
- (30:07) - Ho to create and sell valuable content
- (35:03) - Deeper into his numbers and strategy
- (37:18) - How to couple and sell multiple products that solve people's problems
- (41:46) - A key takeaway from the guest
- (45:45) - The importance of great customer service
- (48:57) - How he elevate his customer service and sales team interaction with clients
- (51:13) - An strategy to make some extra cash
- (52:21) - The advantages of living in a low taxes economy
- (54:03) - How to get help to create a book as a product
- (59:21) - How to provide value to others and build a business from that
- (64:26) - The worst advice she ever received
- (64:47) - The best advice she ever received
- (66:29) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Christine McDannell - Building and selling a company for $500K cash.
My next guest skipped college and started working in the corporate real estate industry. After getting sick of the slow processes, she stepped away and created a service business that grew to nearly $1M in revenue. Thereafter, she sold the business, took the cash, and started a second company. Rinse and repeat, she grew that next venture to $1M in revenue and sold for a much larger profit. Now today, she runs a Mergers & Acquisitions firm that specifically focuses on selling tech companies. In this episode, we walk through marketing tips, growth hacks, and lessons learned when selling a company. Please welcome Christine McDannell.
Key Timecodes
- (00:53) - Show intro and background history
- (02:06) - Deeper into her background and investing path
- (05:34) - Understanding her business-focused career
- (07:00) - How she scaled the business
- (10:40) - How she did well through the recession times
- (13:50) - Her strategies to sell that business
- (14:47) - The importance of knowing the right size to sell
- (15:58) - Deeper into her numbers
- (17:14) - How long does she use to keep the business?
- (20:42) - How she moved to her next business
- (23:20) - Deeper into the numbers on that one
- (25:54) - How to build and sell value on businesses
- (29:22) - The importance of moving forward instead of just planning
- (31:16) - How she sold that business
- (33:06) - What she did next on her journey
- (34:38) - What are the red flags on that business model?
- (36:47) - The importance of making moral decisions when needed
- (39:23) - How she started her M&A business
- (41:33) - Helping businesses to be sold and bought as the model
- (45:49) - The worst advice she ever received
- (46:20) - The best advice she ever received
- (46:54) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Robin Binkley - Generating over $5K/month in passive income with real estate.
My next guest recently retired from her career in healthcare, to focus on real estate investing full-time. She and her husband put together a plan to leave their full-time jobs and now they are well on their way to achieving financial independence. In this episode, we talk about who you should network with, how to create a plan, how to execute the plan, and deep dive into the numbers in their business model. Please welcome Robin Binkley.
Key Timecodes
- (00:43) - Show intro and background history
- (01:47) - Deeper into her background and investing path
- (04:20) - Understanding her business model
- (06:11) - Deeper into her real estate business and numbers
- (08:14) - How she transitioned from her career to that passive income business
- (10:45) - How she handles unexpected costs, and how much is her revenue today
- (12:30) - Is she full-time with that business today?
- (14:07) - The importance of a people and relationship mindset
- (15:49) - How to overcome the fear of the first step
- (17:56) - How other investors can join her business
- (19:12) - How to balance education and action to succeed in that business
- (21:22) - Building a team based on confidence
- (21:51) - A key lesson learned in her journey
- (24:36) - The importance of a good CPA advisor to help with the taxes on that business model
- (26:15) - One key action the listener can take today!
- (31:23) - The worst advice she ever received
- (33:26) - The best advice she ever received
- (39:32) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Hemant Varshney - How to scale B2C E-commerce and SaaS.
If you’re starting or growing an Ecommerce or SaaS business, this episode is packed with a ton of great takeaways. My next guest has worked for previous companies including American Express and The Street with Jim Cramer. Today he runs an agency with over 40 employees that focus on scaling B2C brands. In this episode, we talk about minimum Facebook ad spend to achieve the best results, how to optimize Youtube ads, and what software platforms and systems he uses to build his own company. Please welcome Hemant Varshney.
Key Timecodes* (00:51) - Show intro and background history * (01:46) - Deeper into his background and business path * (03:40) - Understanding his business model * (06:03) - How he helps other businesses to grow * (07:41) - Deeper into his business model * (08:46) - How big is his team * (10:40) - A bit about his clients and numbers * (12:38) - What social media platforms does his business focus on? * (15:44) - Deeper into his approach to video content * (16:21) - How many seconds does an ad have to get user attention? * (16:55) - What type of business and customers is your company focused on * (18:42) - What's it like working with Jim Cramer? * (19:34) - Which of your products generates the most revenue? * (21:06) - Deeper into how your business works and the client-focused philosophy * (22:21) - How many clients does each team handle * (23:56) - A key lesson learned in his journey * (25:09) - The biggest wins he had * (25:55) - Is his team based only in the US or overseas? * (26:42) - What are the essential tools to run his business model * (28:58) - What about his revenues * (29:23) - Collaboration and transparency as foundations of the business * (31:41) - A key takeaway from the guest! * (32:40) - Rapid Fire round (personal questions) * (34:09) - The worst advice he ever received * (34:39) - The best advice he ever received * (35:25) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Fred Moskowitz - How to generate monthly passive income with mortgage notes.
My next guest left his job as a software engineer, mainly because he didn’t have control over his income and he was trading his time for a paycheck. He decided to transition to a career where he was able to generate passive income through mortgage notes. In this episode, we talk about how beginner investors can buy notes, what type of monthly income you can expect, and how to reduce risk so you don’t buy junk mortgage products like what occurred in 2008. Please welcome Fred Moskowitz.
Key Timecodes
- (00:47) - Show intro and background history.
- (02:55) - Deeper into his background and business path.
- (05:43) - Understanding his business model.
- (08:43) - Deeper into his expected returns and risk options.
- (11:07) - When is expected to receive the interest.
- (12:18) - How to buy that notes?
- (15:07) - His educational approach.
- (16:40) - How much does he recommend to start investing?
- (18:43) - The red flags to run away from junkie bonds.
- (20:38) - Why beginners should avoid high-risk investments.
- (21:22) - Where he used to buy his notes?
- (23:21) - Deeper into his journey and philosophy as an investor.
- (26:45) - Why invest in mortgage notes?
- (28:47) - The importance of a good network.
- (30:12) - One key takeaway for the listeners.
- (33:49) - The worst advice he ever received.
- (35:38) - The best advice he ever received.
- (37:30) - A bit about his book and guest contacts.
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Alexander Harmsen - Macro vs Micro investing.
My next guest is an entrepreneur and investor who built a platform that helps investors monitor their own portfolios. In this episode, we talk about his investing strategy, why he believes it produces better results, and what actions investors can take today. Please welcome Alexander Harmsen
Key Timecodes* (00:35) - Show intro and background history * (02:58) - Deeper into his background and business path * (04:04) - Understanding his business model * (07:22) - His philosophy about the macro market perspective * (09:09) - The differences between investing with a micro and macro-focused philosophy * (14:30) - How he evaluates the market in his macro approach * (20:42) - How he navigate safely in the bear markets * (23:05) - Deeper into his numbers * (27:43) - The importance of having a focused portfolio * (28:42) - Deeper into his software and how it can help investors * (33:03) - One key takeaway for the listeners * (35:35) - Guest company website address * (38:29) - The worst advice he ever received * (39:58) - The best advice he ever received * (43:24) - Farewells and ending of the show
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Eric Melchor - Growing an e-commerce business to 30,000 users.
Do you have an e-commerce business and want to learn how to increase leads and convert more leads into paying customers? My next guest is the Partnerships & Personalization Ambassador at OptiMonk, a SaaS platform for e-commerce entrepreneurs. In today’s episode, we talk about how the company was built, the problems it solves, the number of customers they have, how much they charge, and key actions e-commerce entrepreneurs can do today to grow their brand. Please welcome Eric Melchor.
Key Timecodes* (00:49) - Show intro and background history * (01:48) - Deeper into his background and business path * (02:08) - Understanding his SaaS business model * (05:27) - The interaction of his SaaS business with other platforms * (06:26) - How OptiMonk can help other business * (08:25) - A bit about the personalization options of the platform * (10:06) - What is the unique thing that makes the platform stand out from the others? * (11:44) - Deeper into his path, building that business * (13:02) - Does the business have some profit-sharing model with the early employees? * (14:03) - Deeper into the numbers * (16:58) - One key takeaway for the listeners * (18:40) - A lesson learned or mistake made during the transition between the corporate and entrepreneurship world * (22:15) - A message from the guest * (23:34) - The worst advice he ever received * (24:12) - The best advice he ever received * (25:30) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Colin Hirdman - How to fund a startup without investors.
Less than 1% of startups are able to raise venture capital. If you’re starting a SaaS business and need funding, there are creative ways to move forward. My next guest is a serial entrepreneur who built multiple companies because he first focused on building a well-operated service business. In this episode, he talks about his many business failures as well as a few of his success stories. Please welcome Colin Hirdman.
Key Timecodes* (00:42) - Show intro and background history. * (01:34) - What was his first business * (02:08) - Deeper into his background and business path * (04:06) - The wins and losses of his SaaS products * (10:12) - Understanding his digital agency model * (13:04) - The engineering team is based in the US or globally? * (13:18) - How can startups raise funds on that model * (14:46) - Deeper into his SaaS products * (19:15) - The challenges of running SaaS businesses * (20:07) - More details about his SaaS model * (20:59) - Is this service monetized? * (21:54) - How to offer solutions to the SaaS customers * (26:18) - How to find a sweet spot of scale and features in that business model. * (28:00) - The importance of keeping the focus of the service as a client pain solver * (30:48) - A key takeaway that the audience can apply today * (34:30) - The worst advice he ever received * (35:00) - The best advice he ever received * (36:19) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Sandy Pollack - Don’t leave a mess with your finances!
A lot of people are focused on building their wealth but what do you do to protect your wealth for yourself and future generations? My next guest is a financial planner and author who places a high emphasis on estate and financial security planning. In this episode, she shares some of the biggest mistakes people make when creating a will or planning their estate. In fact, she shares a specific story where a couple handed down $100M to their children and grandchildren but it turned into a bit of a nightmare. If you plan on handing down your wealth to future generations, this episode is for you. Please welcome Sandy Pollack.
Key Timecodes* (00:56) - Show intro and background history. * (01:46) - Deeper into her background and business model * (03:03) - The differences between building wealth and managing wealth * (06:58) - Deeper into her philosophy and how to deal with emotions on investing * (11:59) - Some examples of mistakes people made after building their wealth * (17:21) - The importance of signing a will early to ensure a family's wealth security * (25:57) - A key takeaway that the audience can apply today * (30:33) - The worst advice he ever received * (30:46) - The best advice he ever received
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Dave Wolcott - How to reduce taxes by 100% through private equity investing.
My next guest started his career by serving the US as a Captain in the Marine Corps. In 2000 he and his wife brought triplets into the world which inspired him to challenge traditional financial planning advice. Today, he is an author, podcast host, and the Founder and CEO of Pantheon Investments, a private equity firm that helps investors create passive income and save money on taxes through investments in real estate and alternative assets. Please welcome Dave Wolcott.
Key Timecodes* (00:46) - Show intro and background history. * (02:02) - Deeper into his background and business model * (06:10) - Understanding his oil and gas investment model * (07:24) - The expected returns of this oil and gas fund * (08:14) - What is the minimum investment to get into this business model? * (08:33) - What other types of assets does he invest in to diversify * (12:45) - Deeper into his investing strategies * (14:24) - Understanding his philosophy considering Maslow's hierarchy of needs * (16:20) - More about the returns at his model * (17:16) - A bit about his real estate strategies * (18:44) - The importance of creating a residual recurrent cash flow * (22:50) - Where are his properties located? * (23:58) - What classes of real estate does he invest in * (26:17) - What are his thoughts about risk * (28:07) - How big is his team * (30:01) - The importance of having a positive mindset to succeed as an investor or entrepreneur * (32:39) - His thoughts on a big mistake he made * (33:59) - A key takeaway that the audience can apply today * (40:00) - The worst advice he ever received * (40:16) - The best advice he ever received * (41:24) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Matt Hansen - How to turn $50K into $100K in 2 years.
My next guest retired from the corporate world in his mid-50s by investing in real estate. As he says on the podcast, he could have retired in his 30s if he started in real estate in his 20s. Today he manages a real estate portfolio of 2,000+ units which is available for both accredited and non-accredited investors. His specialty is short-term deals where, in some cases, investors have turned $50K into $100K in about 2 years. If you have a steady paycheck and are already investing in the stock market, you are well on your way to building wealth. Now, if you want to complement your stock investing strategy by generating passive income through real estate, this episode is for you. Please welcome Matt Hansen.
Key Timecodes
- (01:02) - Show intro and background history.
- (02:02) - Deeper into his background and real estate business
- (04:08) - Understanding his strategies
- (06:06) - The different approaches to working with real estate
- (08:16) - What are his preferred real estate sizes and locations
- (09:58) - How much time and effort is required to renovate the units?
- (11:41) - The advantages of investing in real estate
- (13:07) - What are the return expectations for investors
- (15:39) - What is the minimum investment?
- (16:39) - What are the funding sources?
- (18:01) - The "renovate to sell" strategy
- (21:08) - Few thoughts about financial planning
- (27:00) - A major key takeaway from the guest
- (29:40) - The worst advice he ever received
- (30:50) - The best advice he ever received
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Noah Rosenfarb - How to reduce capital gains tax to 0%
If you’re looking to build and sell a business and want to avoid a big tax payout, it all starts in the planning phase. My next guest is a CPA with some creative strategies that help entrepreneurs reduce and even avoid corporate tax and capital gains tax. If you’re looking to build and sell a business, this episode is perfect for you. Please welcome Noah Rosenfarb.
Key Timecodes
- (00:40) - Show intro and background history
- (01:24) - Deeper into his background and business as a financial planner
- (03:35) - Understanding his strategies to avoid paying high taxes
- (05:33) - How does he set up businesses in foreign countries to avoid taxes
- (06:49) - How to establish SAAS businesses working with remote teams as a strategy
- (07:51) - How money flows between countries in this type of business
- (08:56) - Understanding his philosophy as a financial adviser
- (11:34) - Deeper into his real estate investing strategies
- (15:46) - The importance of a great team and leadership skills for success as an entrepreneur
- (18:26) - What business model is the most attractive to build and sell?
- (20:23) - A major key takeaway from the guest
- (23:42) - The worst advice he ever received
- (24:09) - The best advice he ever received
- (25:33) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
My next guest has a background in investment banking, mergers, and acquisitions, and investing. In fact, he lead a successful career in investment banking that allowed him to retire at age 39 and thereafter start several small businesses. This eventually led up to a career as a course creator. Now today, he has dozens of courses on Udemy with over 100,000 students over and 9,000 reviews. Please welcome John Colley.
Key Timecodes* 00:44) - Show intro and background history * (04:37) - Deeper into his background history and what he looks for in business * (06:04) - Understanding his journey as an investor * (08:40) - How Warren Buffett's strategies inspired him * (10:58) - What he looks for in the financials as indicators * (14:50) - What are good leadership indicators in business * (17:44) - An example of his biggest investment win * (20:11) - Deeper into his philosophy and investing strategies * (24:09) - A bit about his courses and focus on education * (33:01) - The worst advice he ever received * (33:41) - The best advice he ever received * (36:18) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Passive income, life insurance, and diversification. We cover all these topics and more as we discuss 7 myths of finance and investing. My next guest is a certified financial planner who left his job as an advisor to start a tech company that serves the financial industry. This episode flips some of our thoughts on finance, on its head. Please welcome Rob Cook.
Key Timecodes
- (00:41) - Show intro and background history
- (02:23) - Deeper into his background history and fintech business model
- (04:22) - Understanding his SaaS model
- (05:7) - How much did he charge in this SaaS business
- (06:51) - Understanding the features and benefits of that model
- (09:25) - How about the scalability of that business?
- (11:09) - Does the platform have a trial period?
- (12:07) - What are the money myths within that industry?
- (23:01) - Why life insurance isn't investing
- (29:47) - Why it's hard to find those who have achieved financial independence
- (31:35) - A message from the guest
- (42:20) - The worst advice he ever received
- (44:40) - The best advice he ever received
- (49:30) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
If you are building a business, you need to put systems in place early, to make sure you have an exit strategy that actually pays off. My next guest has a history of building and selling 2 different service businesses. In this episode, we talk about how to structure the payment models, how to improve operations, and how to add more value for the buyer. Please welcome Jason Skeesick.
Key Timecodes* (00:39) - Show intro and background history * (01:50) - Deeper into his background history and entrepreneurship strategies * (02:56) - Understanding his first business model * (05:34) - How and for how much did he sell this business * (06:36) - Understanding his second business model * (08:18) - Deeper into his entrepreneurship philosophy * (10:39) - How about the numbers of revenue and growth * (12:24) - What really changed the game for him in this business? * (15:23) - How does your business billing system work? * (16:29) - The importance of an automated payment system to get a constant revenue stream * (18:38) - Deeper into the business valuation and selling process * (21:43) - Deeper into how works her mastermind group * (18:50) - How about his consulting business model * (23:41) - What are his businesses today? * (25:58) - Deeper into his educational business model * (26:39) - What about the pricing policy on these platforms? * (27:43) - Does it limit the number of participants on its educational platforms? * (28:57) - How he scales his mastermind platform * (29:54) - How much does he charge for his courses? * (30:38) - A message from the guest * (34:04) - The worst advice he ever received * (35:25) - The best advice he ever received * (36:19) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
My next guest is a health, life, and business coach and in this episode, we talk about the importance of creating multiple streams of revenue in your business. We also talk about the importance of increasing your prices to the point where it may push you outside your comfort zone. The more you charge, the more people will pay attention, especially the right people you want to work with. Please welcome Holly Jean Jackson.
Key Timecodes
- (00:42) - Show intro and background history
- (02:16) - The importance of diversification for investors and entrepreneurs
- (04:14) - What are her strategies and business model
- (06:43) - How she helps her clients
- (08:42) - Deep diving into her strategy and how to level up a business in a healthy way
- (10:26) - Who are her ideal clients?
- (11:48) - Did she notice increased in-person events after the covid crisis?
- (12:25) - The challenges and advantages of launching a book as a business strategy
- (14:47) - The importance of partnering with other businesses to promote a book or a new product
- (16:22) - A bit about her mastermind group
- (17:48) - Deeper into how it works for her mastermind group
- (18:50) - How much is she charging to join her mastermind group
- (20:36) - The importance of setting a price that values your work or your product
- (21:25) - A bit about her LinkedIn events strategy
- (23:37) - A message from the guest to the Payback Time Podcast audience
- (26:36) - The worst advice he ever received
- (27:19) - The best advice he ever received
- (28:02) - Guest contacts
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
As investors in the stock market, we have two high-level strategies. One is wealth building while the other is wealth protection. My next guest is a wealth manager who helps his clients with 2 products that have decent upside potential and minimal downside risk. In this episode, we break down the returns, the costs, and how you can get started. Please welcome Rich Kasparian.
Key Timecodes* (00:42) - Show intro and background history * (01:24) - His investing history * (02:53) - What are his strategies? * (04:13) - How he uses it to help his clients * (07:05) - His investing strategy and understanding of its downsides * (11:23) - How about the estimated returns and upsides * (14:22) - What about the clients' costs under this model? * (16:23) - Understanding his income-generating product * (21:07) - Deeper into this investment model * (22:46) - A bit about the "Death benefit." * (24:09) - Investing insights from the guest * (27:08) - The best advice he ever received * (28:35) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
My next guest has been an early-stage investor and entrepreneur since 1987. Prior to co-founding Foundry Group, he co-founded Mobius Venture Capital and, prior to that, founded Feld Technologies. He is also a co-founder of Techstars is a writer and speaker on the topics of venture capital and entrepreneurship, and co-authored the second edition of Startup Boards. Please welcome Brad Feld.
Key Timecodes
- (00:43) - Show intro and background history.
- (01:23) -His background investing history
- (06:41) - What are the red flags about leadership teams
- (10:34) - How people used to react to his philosophy about the corporate world
- (14:13) - Deep diving into his business psychology strategies
- (19:44) - How he scales a company board
- (26:45) - How he scales his own business
- (33:47) - What skills does he look for in founders?
- (37:44) - The importance of a broad skill set and open-minded personalities instead the traditional entrepreneur archetypes
- (39:53) - Don't be afraid to make mistakes; learn and grow with them!
- (50:10) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Ben Currier - Why failure is a stepping stone for something bigger.
Failure doesn’t have to set you back. In fact, it can be used as a tool to set you apart from the competition. My next guest shares his past failures and how he’s used those failures as a marketing tool. In this episode, we talk about how and why he failed, how he uses failure to stand apart, and why we all should not be trying to look perfect in a world that’s cluttered with prideful behavior. Please welcome Ben Currier.
- Website
- IMDB
Key Timecodes
- 00:43) - Show intro and background history
- (06:55) - Walk us through a specific failure.
- (11:58) - His philosophy about the corporate world
- (14:16) - Deep diving into his principles on management
- (17:23) - A bit about his business model and podcast show
- (20:52) - His entrepreneurial background and failures
- (23:45) - His website and educational platform.
- (26:25) - The importance of educational platforms.
- (28:33) - What platform is he using now?
- (30:17) - How to break your comfort zone by losing the fear of failure and just trying
- (30:40) - The importance of structuring service businesses to grow healthy
- (33:29) - How to plan how to go out of business to retire or grow
- (36:23) - The importance of structuring parallel passive income and diversified investments to achieve financial independence
- (41:40) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Do you want to generate passive income with real estate but don’t have any money to invest? Not to worry, my next guest uses a common strategy of partnering with investors. In this episode, we talk about where to find investors, how to build an audience of investors, how to structure deals, and small improvements you can make to double the property value. Please welcome Jennings Smith.
Key Timecodes
- (00:40) - Show intro and background history
- (03:59) - Deeper into his background history and business model
- (07:44) - Some numbers to understand better his business model
- (13:30) - Where does he find investors to fund the business?
- (17:38) - His business strategies
- (20:06) - What are his property earnings and payback time?
- (22:21) - What are the hot areas to get 100% occupancy
- (26:11) - What specific renovations and upgrades does he do to properties?
- (29:12) - How much these improvements allow him to increase the sale price of properties
- (31:54) - What is his biggest tip for anyone willing to run this type of business?
- (33:25) - The importance of promoting yourself as a business and building a brand
- (37:05) - How to communicate the right message to the audience
- (40:51) - What is the worst business or investment advice he ever received?
- (42:15) - What is the best advice he ever received?
- (43:39) - Guest contacts
This is the beginning of season 3. I provide background on where we’ve been and where we are going along with a market update.
If you’re an entrepreneur, you may be thinking you should put all your eggs in one basket. In other words, you should build your business and sell it for a big chunk of change. Unfortunately in most cases, that’s not how it works. In this episode, we talk about diversifying your income in stocks, funds, fixed income, and your own business. Please welcome Michael Ringel.
Key Timecodes* (00:39) - Show intro and background history. * (03:03) - When did he start investing in the stock market? * (05:28) - Understanding the math and science of investing as the key factor. * (06:41) - Why did he change his strategy in the '90s? * (09:26) - Investing in individual speculative tech stocks. * (11:48) - The risk of bad advice from unreliable social media influencers * (15:32) - Deep diving into his strategies and principles for investing * (21:12) - Understanding his portfolio strategy. * (22:29) - What criteria does he use to choose companies to invest in? * (24:14) - The importance of research about companies and knowing the business * (25:38) - How to mitigate risks by understanding the business model * (26:26) - His tips for entrepreneurs building businesses * (30:40) - The importance of structuring service businesses to grow healthy * (33:29) - How to plan how to go out of business to retire or grow * (36:23) - The importance of structuring parallel passive income and diversified investments to achieve financial independence * (40:25) - The worst business or investment advice she ever received * (40:57) - The best business or investment advice she ever received * (45:42) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
There are a lot of ways businesses try to separate themselves from the competition including price, product features, and service offerings. The often overlooked, and easiest way to truly separate yourself from the competition is to increase trust. The big question is, how do you do that if you're a business leader? And if you’re an investor, what should you look for? In this episode we dive into trust and why it is the secret sauce that can separate you from the competition. Please welcome Natalie Doyle Oldfield.
Key Timecodes
- (00:47) - Background history
- (04:13) - Understanding her business model and philosophy
- (06:22) - Why should businesses place a high emphasis on building trust?
- (08:02) - Some examples of practical ways that businesses can increase trust
- (09:35) - How can entrepreneurs build trust?
- (11:07) - The importance of listening with empathy to be trustworthy
- (17:24) - How long does it take to open or close the door of trust with body language?
- (19:28) - The importance of reliable communication and body language for managers and leaders
- (22:35) - How can companies use customer trust to build long-term relationships?
- (28:00) - Deeper into her career path and philosophy
- (29:49) - The importance of an empathetic and customer-focused culture for companies to be more trustworthy
- (34:08) - Why it's important to be humble and open to customer feedback to build trust
- (37:18) - Being consistent, predictable, and reliable is building trust
- (39:03) - How does she measure trust?
- (41:46) - Commercial break 2
- (42:27) - Understanding her business model: How long can a client get results from an assessment
- (43:32) - The process of building a culture of trust in an organization
- (48:42) - The worst business or investment advice she ever received
- (50:23) - The best business or investment advice she ever received
- (52:18) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
We all want to make sure we don’t lose money with investing, especially with scams. The question is, how do you identify scams early, so you can run in the other direction? My next guest is a fraud specialist who has been on the show before and in this episode, we dive into the FTX scam to understand what really happened. Please note, the recording of this episode was on 12/14, while Sam Bankman-Fried was in court. My guest was careful not to classify this scam as a fraud on this episode for legal reasons but as of 12/15, it was confirmed that Bankman-Fried was charged with multiple crimes including conspiracy, fraud, money laundering, and campaign finance violations. This is a fascinating episode and I hope you enjoy it. Please welcome Robert Persichitte.
Key Timecodes
- (01:08) - Show intro, quick background history, and his perspective on the FTX situation
- (03:35) - Understanding what technically is a fraud, a rip-off, or just a bad deal
- (13:35) - The problem of lack of control in FTX
- (18:28) - Technically, how can it be proved that some situation is fraud
- (22:24) - The danger of public figures linking their images to dubious businesses
- (24:29) - How can we protect ourselves from such pitfalls?
- (28:06) - Opportunity, pressure, and rationalization as the main triggers identified in those who commit fraud
- (36:58) - Deeper into the context and how to respond to help victims of scams and fraud
- (2:49) - The importance of an empathetic and customer-focused culture for companies to be more trustworthy
- (44:15) - Why we need to have compassion for victims of fraud
- (47:53) - Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Are you interested in managing your own investments, but don’t know where to start? My next guest was in the same situation. He was told to “trust the professionals” for most of his life until he realized his returns we lower than the market average. He tried to learn how to invest in the stock market, but there really wasn’t anything out there that clearly organized investing step by step until he found Tykr. In this episode, we talk about his career background and his journey to taking control of his own investments. Please welcome Tim Martin.
Key Timecodes* (00:51) - Background history * (05:54) - His media and video background * (09:48) - Adobe and the evolution of that business model * (11:59) - Understanding his investing background history * (16:32) - The relationship with financial advisors and wealth managers * (19:59) - When he started to manage his own investments * (26:35) - How TYKR helped him to have confidence in managing his investments on his own * (29:42) - The importance of being transparent and objective to help people to manage their investments * (32:06) - Education is the key factor to empowering the TYKR users * (34:06) - The crypto and tech bubbles as risks * (36:08) - Where to find reliable information and good publications about finance and investments * (45:14) - The worst business or investment advice he ever received * (45:41) - The best business or investment advice he ever received * (49:12) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Do you want to replace your day job and become a trader? My next guest is a mechanical engineer and quality assurance professional by trade who became a full-time trader in the 2000s. In this episode, he talks about the risks and rewards, his average returns, expectations on how long it takes to learn his strategy and systems, and how many hours of work this requires per week. Please welcome Brian McAboy.
Key Timecodes
- 00:46) - Background history
- (02:16) - When he first started investing in the stock market
- (04:39) - When he changed his investing strategy
- (06:11) - His investing background history in the early 2000s
- (07:12) - His strategy and business model today?
- (08:37) - His future trading business model
- (10:04) - How long does he usually hold before selling?
- (18:27) - What is his win-to-loss ratio?
- (23:13) - What are his annual returns?
- (25:54) - What type of skills makes a good trader?
- (28:58) - How to learn the systems and strategies that he uses
- (30:25) - How long is the period to learn the systems and use real money on them?
- (31:17) - The risks of the internet gurus and their instant miracles
- (32:45) - How many hours per week does he work trading commodities?
- (33:42) - Deeper into his website and educational platform
- (36:20) - Is it possible to face trading as a job replacement?
- (39:48) - The worst business or investment advice he ever received
- (40:23) - The best business or investment advice he ever received
- (42:46) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Neil Timmins - Residential vs Commercial Real Estate. Which is best?
In this episode, my next guest shares his story on how he made the transition from residential to commercial real estate. We talk about the pros and cons of both, the best types of tenants, and how retail investors can generate recurring cash flow. Please welcome Neil Timmins.
Key Timecodes
- (00:48) - Background history
- (01:32) - His transition from residential to commercial real estate
- (03:44) - The length of leases for commercial and industrial tenants
- (04:14) - What kind of clients is he currently focused on?
- (05:30) - How does he get funding to run his business model?
- (06:19) - How does he determine what is a good or bad location to invest in?
- (07:42) - What type of business does he target when determining who will be a good tenant?
- (11:08) - What was the longest period he had a vacant building on the market?
- (12:05) - Which business model does he prefer: single-tenant or multi-tenant buildings?
- (12:59) - The maintenance obligations in the commercial and industrial real estate business model
- (14:20) - The differences between that model and the individual residential tenant real estate
- (14:44) - Does he work with restaurants as clients?
- (17:34) - Understanding the mobile home park model
- (21:17) - How retail investors can generate recurring cash flow with this business model
- (24:00) - His biggest mistake or big win on his journey
- (27:04) - The worst business or investment advice he ever received
- (28:20) - The best business or investment advice he ever received
- (29:04) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Marc Del Priore - What is the best pricing model to build or invest in?When building or investing in a business, what type of pricing model should you look for? My next guest has a company that is #865 on the Inc 5000 Fastest Growing Companies in America in 2022. What's even more impressive is there are only three employees in the company. In this episode, we talk about his business model, how he automates sales, and how he charges his customer. If you’re an entrepreneur looking to build a company or an investor looking for the right type of business model to invest in, this episode will give you some key takeaways. Please welcome Marc Del Priore.
Key Timecodes* (01:08) - The background story * (02:14) - Understanding his company's business model * (03:20) - Deeper into his business model and clients * (05:27) - The instant leads selling to the corporate clients * (06:52) - How does he charge the corporate customers for these leads? * (07:47) - How long has the company been operating and with how many employees * (08:19) - How his company became the #865 on the Inc 5000 Fastest Growing Companies in America in 2022 * (09:16) - What do the three employees do in the company's routine? * (10:08) - Understanding the company growth curve and strategies * (11:37) - Does he work with any other business in parallel, or this is a full-time gig? * (12:04) - How many hours does he work per week? * (14:50) - Understanding the acceleration stage of his business * (16:09) - Are the prospected clients primarily B2C? * (16:21) - Understanding the automated ways of that business model to bring in the clients * (16:55) - What software or system did he uses to automate that leads? * (18:39) - Did he hire an agency to help with copywriting and similar processes? * (19:08) - With this automated lead generation business model, how does he drive customer relationship building? * (20:16) - How can his clients control the leads ticket under that business model * (22:32) - How about the numbers: what are his revenues? * (23:32) - Any key takeaways about what is not working? * (24:54) - How does he prospect the bigger corporate clients? * (26:13) - A quick story about his biggest mistake or big win on his journey * (26:24) - Summarizing the impressions about his business model * (30:06) - The worst and best business or investment advice he ever received * (31:32) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Ivan Zhang
Options, Forex, Stocks, Crypto, and Startups. This episode covers it all. My next guest was a professional portfolio manager for most of his career before starting a blockchain company and an investing platform that helps investors earn consistent returns ranging between 4% and 6% per year. In this episode, we talk about his background, biggest losses, biggest gains, and how he’s building a company that allows investors to earn returns with crypto safely. Please welcome Ivan Zhang.
Key Timecodes
- (01:03) - Show intro and background history
- (02:34) - When did he personally start to invest in the stock market?
- (03:42) - His investing strategy and challenges
- (05:23) - When did he transition to more safe strategies?
- (07:46) - What does he look for when investing in individual stocks?
- (10:21) - A quick 4M analysis of his preferred factors looking for individual businesses
- (12:17) - Deeper into his strategy using options to create residual streams
- (14:22) - How many stocks does he currently hold in his portfolio?
- (15:56) - When was his last investment?
- (17:10) - What percentage of his income does he invest in the stock market?
- (17:42) - Deeper into his returns in the last years
- (20:35) - What is his biggest investing mistake?
- (22:18) - What is his biggest investing win?
- (25:22) - Understanding his company's business model
- (29:08) - How does the mobile app work?
- (29:25) - Any restriction only to accredited investors in the US?
- (30:20) - What are the individual assets behind the scenes?
- (31:15) - Is there any algorithm running the platform?
- (31:39) - What is the minimum investment amount to get in?
- (32:13) - What are the returns on that platform model?
- (32:59) - How long has the platform been around?
- (33:23) - How big is his team?
- (33:27) - And how is the business funded?
- (33:43) - How does the platform generate revenue for the company?
- (38:23) - The worst business or investment advice he ever received
- (39:42) - The best business or investment advice he ever received
- (38:34) - How long did he validate his ideas before starting a project?
- (41:02) - Guest contacts
Payback Time PodcastPayback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Which is the best investment? AMZN, META, CSCO, or PYPL? In this episode, Ryan Sterling returns to talk about the status of the market and we discuss which of the 4 stocks is the best investment today. AMZN, META, CSCO, or PYPL? Let’s do this!
Key Timecodes * (01:03) - Market thoughts * (17: 51) - Paypal stock review * (25:36) - Amazon stock review * (31:10) - Meta stock review * (33:53) - Cisco stock review * (30:20) - Conclusion and ranking * (44:29) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Chandler Walker
How would you feel if you invested in Etherium at $20 and watched it go to $1,000? Investments like this are not easily repeatable but there are ways to see trends in the market, that can allow you to earn consistent returns. In this episode, my next guest breaks down his passive income streams, how he generates consistent returns in the market, and how he manages emotions. Please welcome Chandler Walker.
Key Time Codes
- (00:59) - Background history
- (03:41) - His business model
- (05:08) - Is this a membership-type model?
- (05:43) - When did he decide to move to an online-focused model?
- (06:28) - What's the revenue when selling the physical business?
- (07:22) - Deeper into his SAAS model
- (08:40) - The mobile software
- (11:34) - Is his team outsourced or employees?
- (12:35) - Understanding his educational platform
- (14:51) - Deeper into his philosophy
- (17:08) - Is he investing today in individual stocks or ETFs?
- (18:37) - Stocks he holds
- (21:22) - What percentage of his income he invests in the stock market?
- (22:19) - How did he manage his emotions in business and investing?
- (24:40) - Big win in his investment journey
- (25:59) - Big loss at his investment journey
- (28:37) - The model of his financial educational network
- (31:29) - The worst business or investment advice he ever received
- (32:58) - The best business or investment advice he ever received
- (38:34) - How long did he validate his ideas before starting a project?
- (35:55) - Guest contacts
Logan Leckie Should you diversify or go all-in on one investment? My next guest has a passion for FIRE (Financial Independence Retire Early) and decided to create an app that show’s others how they can also achieve financial independence. In this episode, we talk about his investing journey, the pros and cons of going all-in on one thing, and how he plans to see a big return on his investment. Please welcome Logan Leckie.
Key Timecodes
- (00:59) - Background history
- (02:44) - When did he get started in the world of stocks?
- (04:07) - The specific stocks that he still holds today
- (05:13) - When did he decide to change his investing strategy?
- (07:06) - What he looks for when investing in ETFs
- (08:54) - His ETFs strategies
- (13:21) - The importance of creating passive income
- (15:36) - His businesses before the Topia app
- (13:29) - The Topia app and business model
- (27:07) - A look into the Topia app and his business model
- (30:38) - How many users does the platform have now?
- (31:03) - His marketing strategies
- (32:13) - How big is the Topia team at the moment?
- (33:28) - Does the company have partners or investors?
- (36:53) - The worst business or investment advice he ever received
- (37:23) - The best business or investment advice he ever received
- (38:34) - How long did he validate his ideas before starting a project?
- (43:41) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Mohit Tater - Buying and selling businesses for 3X
Does the thought of buying and selling a business seem intimidating? What if someone did the hard work for you?. My next guest has a private equity firm that buys, builds, and sells online businesses. In this episode, he talks about his journey, some of his failures, what type of companies he specifically focuss on, the average annual returns, and how investors can get started. Please welcome Mohit Tater.
Key Timecodes
- (00:58) - Background history
- (06:45) - How he classifies his business model
- (06:54) - Who can invest in his business?
- (07:05) - Where is his headquarters located?
- (10:23) - What is his portfolio strategic focus
- (12:53) - How many online businesses does he hold?
- (13:29) - What is his profit goal when selling that business?
- (14:17) - How many employees have in his company?
- (15:13) - How investors can be involved in that business model
- (18:18) - How the revenue generation works?
- (22:32) - Some examples of websites on his portfolio
- (24:18) - Deeper into the strategy and some examples: creating passive income fonts
- (30:05) - How long does he usually analyze companies before buying?
- (32:04) - Is he a solo owner or does he have any partners in that company?
- (32:17) - How do transactions and security work during negotiations?
- (37:40) - The worst business or investment advice he ever received
- (38:25) - The best business or investment advice he ever received
- (40:18) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Simon Ree The 5 big myths of Wall St.
My next guest has a #1 best-selling book, The Tao Of Trading, and he is the founder of a platform that teaches you how to generate ongoing revenue through options trading. He has three decades of experience in the financial markets including senior positions at Goldman Sachs and Citi Bank. In this episode, we dive into the 5 big myths of Wall St, how he generates 5% per month with options trading, and where this bear market is going from here. Please welcome Simon Ree.
Key Timecodes * (01:01) - Background history * (04:16) - Understanding his platform * (05:49) - Deeper into his strategies * (06:50) - What is his spread strategy * (08:07) - How does he apply this strategy in this volatile market of today * (09:08) - What kind of returns does he get with that approach? * (10:21) - A parallel with TYKR strategy * (11:59) - What are the five big myths of Wall Street? * (16:49) - Education is the key to getting started into that approaches * (18:42) - How long is the training program that he recommends? * (19:39) - How can beginners safely start trading? * (20:40) - What is the amount of money to start? * (22:35) - The warning signs and how to control emotions and risks on that approach * (23:38) - A bit about Compounding interest * (26:46) - The challenges of the next five years * (29:53) - What are the impacts of unemployment and recession on that market? * (36:09) - The worst business or investment advice he ever received * (36:40) - The best business or investment advice he ever received * (38:16) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Is Topgolf Callaway (MODG) stock a buy? In this video, I review Topgolf Callaway stock, to determine if it’s a good buy, sell, or hold.
Callaway Golf is has been a leading sports equipment manufacturing company that designs, manufactures, markets, and sells clubs, balls, bags, gloves, and caps to customers all over the world. Recently, Callaway acquired Topgolf which is transforming the company into more of an entertainment and tech company.
In this video, I specifically use a 4M checklist.
MOS - This is the math part of investing that Tykr does for us.
Meaning - This is the business model and how the company makes money.
Moat - This is the competitive advantage.
Management - This is the experience and review of the CEO.
- Youtube
Key Timecodes * 00:27 - MOS/Financials * 01:17 - Meaning / Business Model * 07:09 - Moat / Competition * 07:55 - Management / CEO * 09:07 - Conclusion
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
James Woodall James Woodall - From high-risk trading to low-risk long-term investing.
A lot of new investors in the stock market can be tempted to go after the quick buck with trading but the reality is, 99% of traders lose money. My next guest shares his story of how he got started in the market as well as how he transitioned to safe long-term investment strategies and even became a financial advisor. In this episode, we talk about what strategy he uses today, how he’s handling the current bear market, his biggest investing success, his biggest investing mistake, and how he helps his customers navigate uncertainty. Please welcome James Woodall.
Key Timecodes
- (01:08) - James Woodall's background history
- (03:43) - The difference between day traders and investors
- (07:57) - When did he change his strategy?
- (09:33) - The importance of paying attention to taxes
- (11:24) - Is he investing in individual stocks?
- (13:39) - His strategy with stocks investing
- (16:17) - How he Helps his clients minimize risks
- (17:57) - When was his last investment?
- (19:03) - How old is his practice with that business model?
- (19:28) - What percentage of his income he invests every month?
- (24:00) - What was his biggest investment success?
- (26:56) - What was his biggest investment mistake?
- (27:53) - What kind of services does he offer?
- (31:26) - The challenges with high-maintenance clients
- (37:07) - The worst business or investment advice he ever received
- (37:38) - The best business or investment advice he ever received
- (39:57) - Get in touch with James Woodall
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Is Hertz (HTZ) stock a buy? In this video, I review Hertz stock, to determine if it’s a good buy, sell, or hold.
Hertz is a rental car company founded in 1918, headquartered in Estero, FL, and located in 160 countries.
In this video, I specifically use a 4M checklist.
MOS - This is the math part of investing that Tykr does for us.
Meaning - This is the business model and how the company makes money.
Moat - This is the competitive advantage.
Management - This is the experience and review of the CEO.
Youtube
Key Timecodes * 00:20 - MOS/Financials * 01:40 - Meaning / Business Model * 05:43 - Moat / Competition * 09:49 - Management / CEO * 11:28 - Conclusion
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Robert Persichitte How to avoid investing in scams.
The next multi-bagger, hot new penny stock, or cryptocurrency on track to go higher than bitcoin. We’ve all heard people speculate on trends but what should you really look for to determine if something may truly be a good investment or a complete waste of time. My next guest is an expert on the subject of scams. He has a financial audit history which he’s applied to his current profession as a certified financial planner and certified public accountant. In today’s episode, we talk about the red flags to look for in crypto and stocks. Please welcome Robert Persichitte.
Key Timecodes
- (01:07) - Robert Persichitte’s background story
- (03:12) - The traps and scams at penny stocks or cryptocurrency market
- (07:16) - What does an investor need to look for in the market?
- (12:03) - Know where it is safe to dig.
- (17:40) - The safety and future of those coins
- (24:12) - The ethics and thoughts about the unregulated business model
- (29:10) - The trap of the "gurus" at that market
- (31:00) - Thoughts on Tesla and similar companies' moves
- (35:40) - The importance of management and a win-win model
- (37:39) - How Innovation and added value can change the world
- (41:07) - The worst business or investment advice he ever received
- (41:49) - The best business or investment advice he ever received
- (43:06) - Get in touch with Robert Persichitte.
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Is Chewy (CHWY) stock a buy? In this video, I review Chewy stock, to determine if it’s a good buy, sell, or hold.
Chewy is an online retailer of pet food and products. The company was founded in 2011 and is based in Dania Beach, FL. In this video, I specifically use a 4M checklist.
Youtube
TIMECODES
- (00:16) - MOS/Financials
- (01:57) - Meaning / Business Model
- (08:29) - Moat / Competition
- (10:14) - Management / CEO
- (12:54) - Conclusion
Grant Norwood Demystifying the oil industry.
Is oil a wise long-term investment? In this episode, we talk about the ins and outs of the oil industry including the costs around the globe, how it competes with green energy, and where it will be 5 to 10 years down the road. Please welcome Grant Norwood.
Key Timecodes * (00:48) - Grant Norwood's background history * (01:56) - Oil and gas industry business model * (05:43) - New oil pumps and the big companies' strategy * (06:03) - Oil cost and types * (09:07) - Salaries of the engineers and crew running that business? * (10:46) - The oil types and classifications * (14:53) - Comparing the USA and Saudi Arabia's oil technical characteristics * (16:35) - What it means when the oil price goes negative * (24:29) - What is horizontal drilling? * (26:43) - How deep can you drill? * (32:11) - How investors can get involved. * (36:06) - Some numbers and revenue expectations * (36:42) - What is the minimum investment amount to get in that business model? * (37:40) - What are the average annual returns? * (42:39) - What is the biggest risk for the investors? * (45:40) - Where does he see the oil price going in the next years * (49:18) - The best business or investment advice he ever received * (51:52) - Guest contacts
Heather Dreves How to own real estate without the hassle of real estate.
Have you ever wanted to own real estate but never liked the idea of dealing with tenants and toilets? In that case, this episode is for you. My next guest talks about a low barrier to entry into real estate fund, with low maintenance and nice residual paychecks. We specifically talk about how the fund reduces risk, past returns, and how to get started. Please welcome Heather Dreves.
Key Timecodes
- (00:56) - background history
- (02:55) - Her real estate business background
- (02:37) - Affordable housing market
- (02:55) - The different locations and differences
- (09:56) - What is her company strategy with real estate investing?
- (11:56) - Where the real estate market is going
- (17:27) - Can they buy the funds through a broker?
- (18:59) - How big is her team
- (19:29) - What kind of returns the investors can expect
- (24:11) - What her customers are looking for
- (25:28) - The benefits of investing in real estate
- (27:37) - A great low-barrier option to diversify investments
- (31:46) - The worst business or investment advice she ever received
- (32:22) - The best business investment advice she ever received
- (35:49) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Romain Simon
This episode is packed full of entrepreneurial and investing content. My next guest built and sold a SaaS company over the duration of 7 years. While he was building his first company, he started investing in the stock market with ETFs but after his confidence increased, he learned that individual stocks are a much more efficient way to build wealth. In this episode, we break down his investment strategy, what stocks he invests in, and what other investments he makes outside the stock market. Please welcome Romain Simon. Key Timecodes * (01:03) - Romain Simon's background history * (02:00) - His data analytics SaaS company history * (02:37) - How big was his team * (02:55) - When did he sell The company? * (03:13) - What is his personal investing story? * (04:19) - What was his starting dollar amount? * (05:16) - His strategy when he started investing * (06:06) - His transition from ETFs to individual stocks * (07:26) - His strategy on stocks investing * (08:42) - What metrics he looks for on stock financials? * (10:15) - What kind of stocks he invests in and some examples at his portfolio * (16:39) - How many stocks he holds today * (17:26) - When was his last investment? * (19:38) - What percentage of his net worth he invests in stocks * (20:21) - What are his returns in stocks in 2021? * (21:09) - His biggest success * (22:46) - What percentage of his income he invests in crypto? * (23:54) - Understanding his new SaaS company business * (25:33) - How big is his team today? * (25:55) - What are his goals with that SaaS business * (26:38) - A deeper look into that SaaS company products * (27:39) - His strategy as an angel investor * (32:53) - The worst business or investment advice he ever received * (33:36) - The best business investment advice he ever received * (35:23) - Guest contacts
Joran Hofman As investors, we need to look past numbers and look at the business. Those that know me, know that I love the SaaS (Software as a Service) business model because it’s highly scalable. In this episode, my next guest talks about his background, why he created a SaaS business, the pros and cons of SaaS, and what to look for when investing in SaaS. And for those entrepreneurs out there, he also provides actionable growth hacking techniques on how to quickly grow your business. Please welcome Joran Hofman.
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Key Timecodes
- (01:00) - Joran Hofman's background story
- (03:06) - His business model at Reditus
- (05:26) - How he is growing that company
- (06:37) - How big his team is.
- (07:12) - How he brings partners to his SaaS ecosystem
- (09:32) - Strategy of attracting subscribers to the SaaS platform
- (09:53) - The platform plans and structure
- (11:10) - Marketing tips using Linkedin
- (13:05) - His strategies and "win win win" customer relationship
- (14:21) - His processes
- (16:24) - Organic marketing vs paid advertising
- (17:12) - The importance of good customer onboarding support
- (20:07) - What are the pros of a SaaS business?
- (21:25) - The advantages of not selling any physical thing
- (23:29) - The advantages of the affiliate business model
- (24:17) - What are the cons of a Saas business?
- (25:15) - The bootstrapping strategy
- (29:14) - What investors look for in a SaaS company
- (31:35) - The numbers and strategies
- (35:07) - The worst business or investment advice he ever received
- (36:13) - The best business investment advice he ever received
- (37:44) - Get in touch with Joran Hofman
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Neil Twa What if you could replace and exceed your day job income by working just 15 hours per week? My next guest shares how his background in management consulting and data analytics has been applied to selling products on Amazon. In this episode, we talk about the first steps you should make, how Amazon works, what kind of revenue you can generate, how much you can sell your Amazon business for, and what products to avoid. Please welcome Neil Twa.
Key Timecodes * (00:59) - Neil's background story * (12:10) - His business model in depth * (24:43) - Capital needed to start * (30:51) - What is the expected revenue per year? * (34:41) - What is the revenue when a business sells? * (35:14) - The importance of building a network to be successful. * (36:51) - Aptitude and attitude: both keywords in that business * (39:09) - What kind of products perform better on that model * (43:45) - The worst business or investment advice he ever received * (44:04) - The best business investment advice he ever received * (44:59) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Mark Podolsky Mark Podolsky - How to create residual $10K/month with land investing
What if you could generate $10K/month on land? Does that sound too good to be true? In this episode, my next guest breaks down how to find high-value land opportunities, what websites you should use, how to monetize those opportunities, and how to reduce the risk of losing money. Please welcome Mark Podolsky.
key timecodes
- (00:51) - Mark Podolsky's background history
- (03:26) - His business model
- (10:23) - The revenue expectations
- (11:44) - The passive income flow
- (12:42) - The risks to look out for
- (13:36) - His educational platform business
- (15:43) - The capital needed
- (16:33) - When to expect passive income
- (17:41) - Best investment ideas in the US
- (18:38) - Lessons learned and experience gained in this business
- (21:04) - What is his biggest win?
- (21:57) - Why he is teaching this model
- (23:04) - Is it possible to apply this business model in other countries?
- (25:28) - The worst business or investment advice he ever received
- (26:09) - The best business investment advice he ever received
- (27:30) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Dion Pouncil Dion Pouncil - More knowledge is the true path to achieving your goals
Is there a shortcut to achieving your goals? Absolutely not. But there is a way to shorten the timeline. Hard work and discipline are important traits but the trait that will get you there the fastest is knowledge. My next guest has two key businesses. One of which is a hedge fund where he generates around 20% per year for his clients. The other is an educational platform that empowers people to trade on their own. Yes, I said “trade” not “invest”. He has developed a system that helps traders reduce risk and generate positive returns which is impressive as most traders lose money. In this episode we talk about trading vs investing however, we do spend a lot of time talking about mindset. The way we think and the expectations we set will define our future and most people don’t set big enough goals. If you’re an investor or entrepreneur, this is an episode you don’t want to miss. Please welcome Dion Pouncil
key timecodes * (01:31) - Dion Pouncil's background story * (03:21) - His experience in the financial market * (04:43) - His company's business model * (09:10) - Revenue expectations for his clients * (12:48) - His trading strategies * (10:29) - Trading model using algorithms * (17:17) - The parallel between TYKR point of view and his strategy * (20:51) - What are the minimum investment levels of his business? * (23:29) - His educational platform business * (28:04) - How long has the platform been running? * (29:36) - The content production and philosophy * (31:04) - The importance of education to reduce the risk of investing * (33:01) - How to sign up to his platform * (53:57) - His book recommendations and education insights * (41:04) - The worst investment advice he ever received * (42:03) - The best investment advice he ever received * (46:53) - Key practical skills important today * (47:55) - Dion Pouncil contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Adam Jason
My next guest owns a fast-growing company in the agriculture industry. In this episode, we talk about a potential 7X - 8X return over the next 4 - 5 years. We break down what the business is, past revenues, projected revenues, supply chain, distribution, leadership track record, and how investors can get involved. Please welcome Adam Jason.
Key Timecodes
- (0:57) - Background history
- (02:53) - Background as a coffee company investor
- (05:24) - His business model
- (06:58) - The challenges of keeping up with the supply chain
- (08:16) - The difference between green and roasted coffee storage and value
- (10:29) - sales and distribution model
- (12:21) - Net profit and overall numbers
- (16:59) - How his business differs from the traditional farming model
- (13:20) - How to pay zero taxes legally with this model
- (16:25) - strategies to protect the assets
- (23:34) - What is the minimum investment amount?
- (27:29) - The importance of a good team to make that business work smoothly
- (29:36) - What other business his group is investing in?
- (35:36) - The worst investment advice he ever received
- (36:15) - The best investment advice he ever received
- (37:22) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Bronson Hill Bronson Hill - How to make $10K per year on real estate
My next guest is a real estate investor who first started out with single-family and eventually moved onto multifamily. In this episode, we talk about the benefits of multifamily, the average payback time with his fund, and where the future of real estate is going. Please welcome Bronson Hill.
key timecodes
- (0:49) - Bronson Hill's Background
- (02:25) - His background as an investment advisor
- (03:25) - His real estate strategies
- (05:29) - The challenges of working with single-family properties
- (06:09) - How many properties does he have and what monthly profit do they generate?
- (07:10) - Why he transitioned to the syndication model
- (07:56) - The syndication process
- (10:34) - Minimum investment to join his syndication
- (11:34) - What is the expected revenue per year from his business model?
- (13:20) - How to pay zero taxes legall
- (16:25) - Assets protection strategies
- (21:34) - What is his vision on the market of single-family and multi-family real estate business?
- (30:36) - The worst investment advice he ever received
- (31:25) - The best investment advice he ever received
- (32:24) - Get in touch with Bronson Hill
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Chris Prefontaine
Chris Prefontaine – How to create 3 income streams from 1 property My next guest has been a real estate investor for 31 years. If you’re looking to create recurring revenue through real estate, this episode is for you. We specifically discuss how his investment strategy compares to flipping, how you get started part-time, and realistic returns. Please welcome Chris Prefontaine
key timecodes
- (0:51) – Background history
- (01:53) – His real estate business model
- (04:34) – How does he make money?
- (07:41) – What are his financing sources?
- (09:46) – How to create a part-time business to create residual revenue
- (11:37) – Strategy to build long-term savings
- (16:06) – The importance of his support team
- (17:05) – Numbers that matter to his business model revenue
- (19:54) – The worst investment advice he ever received
- (20:23) – The best investment advice he ever received
- (21:34) – His book and his contacts
Mat Boyle Mat Boyle - How to find stocks with a strong sales team. Sales processes are more important than we think. As investors, most of us will pay attention to the numbers but it’s also important to pay attention to the people and processes. My next guest owns a business development firm and he shares his story of building a poorly run business that nearly went bankrupt. He then goes on to share how he transformed the business and the specific changes he made. There are a lot of great takeaways in this episode that will help investors pay closer attention to not only the sales numbers but the people and processes behind the scenes. Please welcome Mat Boyle.
- Website
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
key timecodes * (01:10) - Mat Boyle's background story * (01:32) - His business model * (02:28) - What challenges he faced * (09:49) - What he delivers to his costumers * (11:09) - How he improved the processes, his team, and clients * (12:19) - What type of business does he serve * (14:12) - How he manages his team * (19:22) - His Hiring Criteria * (22:50) - How he scales his business * (30:06) - How to keep expanding the revenue * (32:46) - How he personally engages with the operational front * (40:56) - The worst investment advice he ever received * (41:17) - The best investment advice he ever received * (42:24) - Mat Boyle contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Jenny Jones Which is best? Investing in stocks, mutual funds, or dividends? That all depends on your goals and we break that down in this episode. Please welcome Jenny Jones.
key timecodes * (00:52 ) - Background history * (04:33) - The experiences that led him to be a financial advisor * (05:23) - His investing journey * (06:49) - What type of funds did he start investing in * (12:30) - What dollar amount did he start investing with? * (13:53) - What is his investment strategy today? * (15:16) - His recent approach to real state and retirement advisor business * (18:30) - A different strategy for younger people who are focused on the retirement savings * (21:50) - How you can use TYKR on both cases to help you make the best investment decisions * (26:10) - What is his biggest investment success? * (28:08) - His real estate flipping strategy * (32:27) - What is his biggest investment mistake? * (30:12) - The importance of the support network in this business model * (39:05) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Vikram Raya My next guest is a cardiologist who decided to create passive income through real estate investing. Eventually, his side hustle started generating enough cash flow that he was able to retire from his medical career. Now today he own a real estate investment firm that allows you to generate passive income. In this episode, he breaks down how to generate $500 or more of passive income per month. Please welcome Vikram Raya.
key timecodes * (01:01) - Background history * (07:29) - Thoughts on the current market * (09:44) - Real estate investment strategy * (13:00) - Income from the business * (15:18) - Number of units he holds * (17:35) - Preferred locations to invest in real estate * (18:57) - Using data analytics to find the hot areas in the US * (23:54) - His classification in A, B, C, and D types of real estate investments * (25:36) - The importance of education to be successful in this market * (27:08) - His biggest mistake * (28:21) - His biggest investing success * (29:34) - The advantages of real estate investment * (37:53) - Get in touch with Vikram Raya
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Paul Adams The big question most people can’t answer is, how much money do I need to live financially free? My next guest is a financial advisor and coach who helps his clients understand the timeline and dollar amount to achieve financial independence. In this episode, he shares what strategy he helps his clients with, his biggest investment success, and his biggest investment mistake. Please welcome, Paul Adams.
key timecodes * (01:01) – His background history * (02:58) – Employment history * (04:46) – Thoughts on formal education * (07:55) – His investing background as a young investor * (13:14) – Type of funds he holds * (14:24) – Fees to Avoid * (16:16) – His strategy and mutual funds fees * (17:49) – What is his personal investing strategy? * (25:49) – How his strategy meets the 4Ms vision * (29:36) – What type of funds does he invest in? * (31:07) – How many different funds does he hold? * (33:03) – The beer market investment strategy. * (33:37) – Percentage of his income he invests * (25:08) – Real estate gains strategy * (35:49) – His biggest investing success and mistake * (39:36) – How to manage emotions when investing * (48:40) – The best investment advice he ever received * (48:52 ) – The worst investment advice he ever received * (49:56) – Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Tyson Koska Most people who are investing have a high-level plan but in most cases, they haven’t calculated a target date in which they may retire or achieve financial independence. My next guest is the founder and CEO of On Trajectory, a financial planning software for consumers and businesses that allows them to track their overall financials including investments, assets, debts, and liabilities. In this episode, he talks about how this platform can benefit retail investors, along with his personal investment journey. Please welcome Tyson Koska.
key timecodes
- (01:12) - Tyson Koska background story
- (01:38) - His software company
- (04:19) - His financial planning software
- (06:28) - A bit about TYKR philosophy related to the focus of his product
- (08:29) - How his software can help someone get out of debt
- (10:08) - The software connects with any bank account.
- (11:22) - How that tool can save relationships
- (14:20) - A bit more about TYKR platform and how both have similarities
- (09:53) - The switch from blindly investing and using TYKR to find reliable information
- (18:15) - How it can help the success of the users
- (20:01) - What is the 4% rule?~
- (23:18) - When he started in the stock market
- (24:23) - What type of investment funds does he hold
- (25:08) - Deeper on his strategy with real estate gains
- (26:24) - Don't be fooled by unreal investing gurus
- (27:44) - What percentage of income does he invest
- (28:48) - What is his biggest investment success
- (31:09) - The parallel with TYKR philosophy
- (35:37) - Manage your emotions when investing.
- (37:15) - Why he invests
- (42:35) - Guest contacts
Is Cacvo stock a buy?
In this episode, I break down the 4 Ms.
Youtube
TIMECODES
- (00:43) - MOS/Financials
- (01:36) - Meaning / Business Model
- (08:56) - Moat / Competition
- (09:51) - Management / CEO
- (12:00) - Conclusion
My next guest is an experienced real estate investor who also started investing in the stock market within the last 5 years. In this episode, he shares some of his biggest mistakes, his investment strategy, and what stocks he’s buying while the market is down. Please welcome, Leo Florin.
key timecodes * (00:58) - Leo's background story * (02:01) - When he started investing in the stock market * (04:19) - His experience using robot trading app * (06:26) - Making the transition from investing in safer larger funds to learning how to deal with individual stocks * (06:55) - His biggest mistake in investing * (08:04) - How he is using Tykr * (08:22) - His portfolio today and the number of stocks he holds * (09:53) - Using TYKR to find reliable information * (12:16) - What percentage of his monthly income does he invest? * (13:04) - His returns in 2021 * (14:06) - What was his biggest win * (15:05) - His strategy with real estate gains * (20:23) - The pros and cons: real estate x stock market * (23:43) - Deeper on his real estate strategy and perspective * (27:46) - The best investment advice he ever received * (27:57) - The worst investment advice he ever received * (28:15) - The importance of learning to invest at a younger age * (30:33) - Leo's contacts
In this episode, Ryan Sterling and I review META, AXP, and TSLA. Let’s go!
key timecodes
(00:49) - His market thoughts and considerations
(04:31) - The bear market
(08:06) - META stock review
(14:09) - Where the metaverse goes?
(19:19) - META recent VR companies acquisitions
(20:47) - His opinion about the META stock
(21:10) - American Express (AXP) stock review
(26:19) - The fidelity of American Express customers
(27:06) - AXP pros and cons
(29:38) - Tesla (TSLA) Stock Review
(33:06) - Tesla's future
(38:07) - His opinion of Google, Apple and Microsoft stocks
(38:30) - Final opinions between META, AXP and TSLA stocks
(39:27) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Eagle-star Bowen My next guest is a blue-collar worker who was making a decent salary as an iron worker but he wasn’t being wise with his investments. He made the decision to find a career where he no longer had to ask permission to spend time with his family. By networking with the right people, he was able to join a team of financial experts who help others generate consistent 10% returns and 100% write-offs. Please welcome Eagle-star Bowen.
key timecodes
- (01:05) - Background story
- (03:41) - His career as an ironworker
- (08:19) - The blue-collar career path
- (12:18) - How he made his transition as an investor
- (17:53) - His business model
- (20:34) - What type of returns and tax advantages are expected
- (23:32) - Types of investments he prefers
- (25:32) - His tax protection approach and model
- (34:11) - What dollar amount does he recommend to start investing in that business model
- (36:30) - The model as a safe reserve to build long-term family wealth
- (42:39) - Don't let your money stuck and idle at a bank
- (44:28) - Some thoughts about his model and philosophy
- (46:30) - Commercial Rating Request
- (53:26) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Sammie Ellard-King My next guest started investing in ETFs and, as he gained confidence, began investing in individual stocks. Over the last 8 years, his returns have outperformed the market, generating on average 20% per year. In this episode, he shares what he looks for in the financials, what he looks for in businesses, some of his top-performing stocks, and how many stocks he holds in his portfolio. Please welcome Sammie Ellard-King
key timecodes * (01:02) - Background history * (02:06) - His hospitality business model * (03:26) - Deeper into his hospitality business * (08:19) - The courses, shop, and marketing at his website * (10:16) - His Investing journey. * (11:53) - The capital he started investing with. * (13:08) - His investment strategy * (14:47) - The use of the 4M analysis in his strategy * (16:07) - How this strategy relates to the TYKR philosophy * (18:40) - Deeper into his recent approach with tech stocks * (23:18) - What stocks does he hold? * (26:05) - His focus on the business model to evaluate the stocks * (28:16) - Deeper into how TYKR works and is similar to his vision * (32:33) - Analyzing together and commenting about the stocks he owns * (34:46) - "When the market goes up we make money, but when the market goes down we get rich!" * (36:25) - His returns in 2020 * (41:09) - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Tatiana Bonneau
Are you sitting on a domain but not sure what to do with it? In some cases, that domain may be more valuable than you think. My next guest runs a company where she serves as a matchmaker between the domain seller and buyer. In this episode, she talks about premium domain names and why this digital asset won’t decrease in value. Please welcome Tatiana Bonneau
key timecodes
- (01:13) - Background history
- (03:08) - How her business niche Started
- (11:20) - Understanding the business model
- (15:44) - wealth assets in web domains
- (18:11) - Why a .com domain has more value than the others
- (20:01) - The most valuable domain
- (25:01) - meta.com and Facebook
- (26:22) - Three-letter domains? could this pay off well in the future?
- (27:36) - It's not just the .com address, it's your business identity
- (29:12) - Can domains be comparable to coins, NFTs, or stocks?
- (33:12) - Importance of dormains
- (35:17) - High-performing domains
- (38:17) - Branding vs Domains
- (42:26) - The best investment advice
- (42:48) -worst investment advice
- (45:41) - Get in touch
Shopify Stock Review
Is Shopify stock a buy?
In this video, I break down the 4 Ms.
Youtube
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Dana Cornell My next guest left his executive position at Morgan Stanley to start a private equity firm that generates passive income for his customers. In this episode, he talks about the asset classes he invests in, the average returns, and the minimum investment size. Please welcome Dana Cornell.
key timecodes (00:52) - Background history
(02:06) - His business today
(03:35) - Why he decided to make a career switch
(05:37) - His working style
(08:52) - What to be aware of in this current market
(11:12) - His Stock Investment Journey
(13:33) - His strategy and companies that he invests in today
(14:10) - Amount invested at the start of his journey
(15:51) - What has changed in today’s market
(22:30) - The minimum amount of investment to start with
(23:41) - Tax advantages in running that type of business
(29:10) - A deep look into his private equity model
(30:49) - The minimum amount of investment for that model
(31:04) - The importance of training the operators
(32:32) - Getting the right talents to run that business
(40:52) - The best investment advice he ever received
(41:46) - And the worst investment advice he ever received
(43:16) - Get in touch with Dana
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Matthew Murawski
My next guest is a wealth manager who shares his story of building his practice and getting started in the market. In this episode, we talk about what he invests in, some of his winners, some of his losers, and how he navigates this bear market. Please welcome Matthew Murawski.
Key Timecodes
00:55 – Background
03:40 – Starting the career: from answering phones to managing investments
08:10 – A different context of information access in the recent past
10:25 – The experience at the market helping the decisions as an advisor
12:34 – Starting in mechanics, from working as a Gym to wealth manager
15:14 – When he started in the investment market
16:07 – Amount he started his investments with.
17:05 – Today’s investment strategy
18:18 – How to choose a stock.
20:46 – The bear market and how to find the right opportunities
22:09 – What stocks does he currently hold
24:10 – How many stocks is a good number for a healthy portfolio?
25:30 – What is his biggest investment success
26:31 – His returns at the recent market dip
26:57 – And what is his strategy to face the present challenges
33:17 – Rapid fire round (personal questions)
34:05 – The best investment advice he ever received
34:33 – And the worst investment advice he ever received
35:42 – Guest contacts
Payback Time Podcast
Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Brian Bogert We all have fought or are fighting a battle right now. The question is, how do you not only get through it but embrace it. Downtimes in life are not meant to last, they are meant to prepare you for something better. My next guest shares his story of losing his arm at a young age and thereafter creating a life of purpose. If you’re an investor or entrepreneur who’s looking to change their outlook, elevate their expectations, and generate peace of mind at the same time, this episode is for you. Please welcome Brian Bogert.
Key Timecodes
01:11 - Background history
03:41 - His personal motivation
06:31 - His core philosophy: embrace pain and avoid suffering
08:51 - Don't react emotionally to avoid pain in your business decisions
12:43 - Anxiety, the emotional trigger
16:02 - How to change the mindset to accept and face challenges
19:03 - Stop, breathe and calm down! Then make better decisions
26:15 - You don't necessarily have to be in control of everything!
27:58 - Chase positive impact on people, not the money
29:20 - Love what you do, focus on the customer, and find your passion business model
31:10 - Don't wait for a miracle, ask for help and work to be your own hero
32:28 - Rapid fire round (personal questions)
35:17 - Guest contacts
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
Alissa Locke My next guest shares her story of transitioning from $60K in debt in her early 30s to achieving financial independence in her early 50s by cutting down expenses and investing in the stock market. In this episode, we talk about how she paid off her debt, how she got started with investing, what investing strategies she uses today, and some of her best-performing stocks. Please welcome Alissa Locke.
key timecodes
01:05 - Background history
04:00 - Investment strategies
07:12 - Deep into her history
08:14 - Reducing expenses without giving up life
11:40 - The importance of studying personal finance
14:00 - Investing journey
17:56 - What she looks for in business
19:52 - The specific stocks that she holds
21:58 - Conclusive comments about her strategy
23:08 - Number of stocks on her portfolio
23:52 - Her insight into the right time to buy and sell
25:16 - The percentage of income she invests
27:37 - Her average returns in the last few years
29:20 - "Extremes are never good": the balance between saving and living
33:15 - Her biggest investment success
36:52 - How she manages her emotions in investing
38:54 - Rapid fire round with personal questions
40:26 - The best investment advice she ever received
40:37 - The worst investment advice she ever received
41:30 - A bit about her business and how to reach her
Ford Stock Review Is Ford stock a buy?
In this video, I talk about the latest earnings report as well as break down the 4 Ms.
Timecodes
00:45 - MOS
02:55 - Meaning / Business Model
07:13 - Moat / Competition
11:00 - Management / CEO
15:46 - Conclusion
Youtube
Payback Time Podcast Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
John Humphrey My next guest has a company that allows you to establish a residual stream of crypto payments while helping build the technical infrastructure in and around your city. In this episode, we talk about how investors can get started, how much they’ll earn per month, and where this business may be in the future. Please welcome John Humphrey.
Is Palantir stock a buy?
In this video, I talk about the latest earnings report in May as well as break down the 4 Ms.
Time Codes
0:00 - Intro
00:25 - Palantir journey
1:00 - Palantir News
02:07 - EPS
10:15 - Mos
10:32 - Meaning
11:27 - Palantir Competition
15:07 - Moat
15:25 - Management
16:26 - Conclusion
Payback Time Podcast. Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories about how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.
- Guest Info
From working at IHOP to owning 8 businesses. Most of the time as an investor or entrepreneur, your beginnings are quite humble. It can take years to achieve your goals but if you stick to a proven plan and apply a little patience, you can design the life of your dreams. In this episode, we break down his investment strategies and talk about the specific strategy he offers to his clients that produces double-digit returns. Please welcome Douglas Eze.
When the market is down, the natural reaction is to wait and see what happens. My next guest has been working in finance over the last 3 decades and he said that’s exactly the opposite of what you should be doing. Now is the time to scrape every penny off the ground and invest in the market. In this episode, we talk about his strategy, his returns, and how long he thinks this bear market will last. Please welcome Jim Tucker.
As quoted by Warren Buffett, “diversification is protection against ignorance.” My next guest learned that creating a highly focused portfolio of great companies is how you truly build wealth. In his circumstance, he bought one stock over and over until he become a millionaire and financially free at age 31. This motivated him to leave the wealth management industry and create educational courses and a software platform that gives retail investors the power to manage their own investments. Today he owns Sterling Stock Picker which is a platform similar to Tykr but also allows investors to generate shorter-term gains. In this episode he shares his strategies and talks about how he uses his software platform to generate big returns. Please welcome Jaden Sterling.
How long will this bear market last?
Time codes:
01:22 - The 2008 big financial crisis
02:28 - The effect of positivity in the market
06:46 - Estimated timeline considering the articles
08:16 - The rich grew richer in 2009
09:47 - Conclusion
Sources:
Kevin O’Leary - Zero chance for a recession - https://www.youtube.com/watch?v=BR2003lJmXQ
Fortune.com - Historical bear markets - https://fortune.com/2022/05/09/when-will-bear-market-end-projection-guidance-bank-of-america-sp-500-3000/#:~:text=%E2%80%9CIn%20the%20last%2019%20bear,wrote%20in%20a%20Sunday%20note
Business Insider - Economist David Rosenberg predicts the S&P 500 will crash further 17%. - https://markets.businessinsider.com/news/stocks/stock-market-crash-2008-financial-crisis-bear-predictions-david-rosenberg-2022-5
Reuters.com - World’s rich got richer in 2009 - https://www.reuters.com/article/us-wealthreport/worlds-rich-got-richer-amid-09-recession-report-idUSTRE65L36T20100622
Financial freedom is a dream for most. The question is, how do you arrive there the fastest? My next guest shares his story of climbing the corporate ladder and achieving financial freedom about 10 years early. In this episode, he shares savings and investing tips you can apply right away. Please welcome Gordon Stein.
Investing is more than just numbers and math. Most investors make the mistake of only looking at the numbers and wonder why they are not picking strong investments. You need to look past the numbers and look at the business. Overall, you need to understand 4Ms, including the Margin of Safety, Meaning, Moat, and Management. In this episode, our guest helps us gain a better understanding of each so you know what to look for before you invest. Please welcome Brent Keltner.
Is Amazon stock a buy?
In this video, I break down the 4 Ms.
Timecodes
00:55 - MOS
01:31 - EPS
03:44 - Meaning / Business Model
12:38 - Moat / Competition
15:37 - Management / CEO
17:48 - Conclusion
Youtube
Selling a company is a great way to build wealth but if you want to maximize the sell price, you need to put in some work. In this episode, my guest talks about what buyers are looking for, common mistakes that are made, and how to make the sale a win-win for the buyer and the seller. Please welcome Kison Patel.
Are you looking to diversify your investment portfolio outside the stock market? Maybe you’re looking for a way to hedge against the volatility we’re facing right now? One asset class that will never go away is multi-family real estate. People will always need homes. My next guest created a company that allows you to buy real estate very similar to how you buy stocks. Simply -create a profile, connect your bank account, and pick your investment. In this episode, we talk about the minimum investment size, how easy it is to get started, and why you may want to show interest in this asset class. Please welcome Craig Cecilio.
Is Netflix stock a buy?
In this episode, I break down the 4 Ms.
Time Codes
02:53 - EPS
05:00 - Meaning
10:00 - Moat
13:45 - Management
15:38 - Conclusion
Finding great companies should not be complicated. If you take a step back and notice top brands that have been around awhile, your chances of doing well in the market can be relatively high. In this episode, my next guest shares his strategy, how much he invests every month, and his biggest investment challenge. Please welcome Shawn Murphy.
In this episode, Ryan Sterling and I talk about what’s happening in the market and what actions we’re taking, along with a high-level review on GOOGL, MSFT, and AAPL. Of the three stocks, Ryan breaks down his #1 choice.
Imagine the feeling of giving a two-week notice to your current employer and when they ask you what you’re doing next, you tell them whatever you want. The look on your boss’s face will be priceless. My next guest is a real estate investor who did exactly that. In this episode, he breaks down how he financed his first rental property, how he creates leverage to buy more properties, what he looks for with property managers, and how long it took him to fire his boss. This episode is packed full of value on how to create passive income and achieve financial freedom through real estate investing. Please welcome Dustin Heiner.
My next guest is a talented product designer who runs his own company. He knew at a young age he didn’t want to work jobs he didn’t like and made the decision to start a career he’s passionate about every day. At a young age, he also made the decision to focus on financial independence which quickly led him to investing. The question he needed to answer was which asset class should I invest in? He made the choice to invest in crypto over real estate and he explains why, what coins he invests in, what strategy he uses, and his annual returns. Please welcome Jakub Wojnar-Płeszka.
My next guest shares a key sales strategy that allowed him to earn $250K the first 90 days selling insurance and annuities. That soon led to an income north of $1M. As he optimized the first business, he used the revenues to fund other ventures including land investing as well as senior living home investing. As an entrepreneur, it’s important to create multiple streams of leveraged income. Once you can obtain one stream, the other streams can come together a little easier. Although he’s found success as a seasoned entrepreneur, the path to getting here wasn’t easy. He shares some humble lessons learned, especially around partnership mistakes that have costed him a lot of sleep and a lot of money. For those of you looking to become a serial entrepreneur, this episode is for you. Please welcome Andre Vicario.
Pullbacks, recessions, and depressions all happen in the stock market. They also all recover. The challenge in these circumstances is not the market behavior, it’s your behavior. My next guest was a professional money manager for over 30 years. He has since started a blog and newsletter where he helps investors navigate the market. In this episode, he talks about his experience over the past three decades, how his strategy has evolved, and advice on how to manage emotions. Please welcome Jonathan Baird.
There are multiple ways to achieve financial freedom and a common theme on this podcast is real estate investing. My next guest shares how he made the transition from corporate America to multi-family real estate. He breaks down how he got started, the mistakes he made, and how long it took to generate his first dollar. Please welcome Jerome Myers.
Are you in a position where you want to start your own business but you feel like you can’t pull away from your “cushy” corporate gig? The problem is, the longer you go, the harder it is to leave. My next guest shares his story of leaving a high-paying finance career to start a Brazilian Jiu-Jitsu studio. In this episode, he shares how he made the transition, how he markets and sells, and how he keeps customers coming back. Please welcome Paul Halme.
Are you interested in running ads for your business or have you run ads in the past only to find marginal results? Did you know that even one word can cause issues in your campaign? The big question is, how do you know what’s working and not working? Fortunately, my next guest has a company that handles the heavy lifting for you. If you want to learn how they approach Facebook advertising and learn a few tricks you can do on your own, this episode is perfect for you. Please welcome Kevin Schrage.
Have you ever thought about a way to generate short-term gains in the stock market? My next shares his background and how he got started in the market in 2005. He shares the risks of trading over investing, how he manages risk, what his strategy he uses today, and his annual returns. Please welcome Mickeli Bedore.
Are you starting a podcast or trying to grow a podcast but not getting much traction? In this episode, my next guest shares his business background and how it led him to create a podcast agency and a top 1% podcast. He shares growth hacking techniques along with mistakes to avoid when growing a podcast audience. Please welcome Collin Mitchell.
Do you currently invest with an advisor? Have you ever considered switching to another advisor? If you have, keep in mind you probably won’t see better returns because most advisors are investing in the same products. My next guest is a financial advisor who talks about the importance of service over returns. When you work with someone who truly understands you and your goals, you typically see much better results over the long term. In this episode, we talk about his financial practice, the services he offers, and his own personal investment strategies along with the results. Please welcome Jamie Lima.
Did you know that 40% of ad campaigns don’t work? Most people are making business, advertising, and marketing decisions based on feelings which lead to poor results. The question is, how do you fix this problem? My next guest runs a neuromarketing research firm that helps B2C businesses determine what ads attract the most attention, which products sell over others, and which landing pages have the highest conversion rates. If you have a B2C SaaS or e-commerce business, you’ll find some great takeaways in this episode. Please welcome Tim with Unravel Research.
A lot of people believe we have to look over our shoulders to make sure no one takes our ideas. We see this when running our own businesses and when trying to climb the corporate ladder. That fear unfortunately holds us back. My next guest talks about the importance of keeping your focus on others as opposed to ourselves. If you have ideas, pass them along. If you have solutions to a problem, speak up. And if you have the knowledge, don’t hesitate to share it. The world is big and life is short. Take the time every day to provide value to others. Please welcome EA Csolkovits.
My next guest got started as an investor in his early teens and for a short-run in his college years got into day trading where he lost over $8K. After learning what works and what doesn’t work, he’s turned his attention back to investing and has now become a financial advisor. In this episode, he talks about his strategy, what products he invests in, and why he invests. Please welcome AJ Sirmek.
My next guest was able to keep her expenses extremely low while at the same time, obtaining a steady paycheck right after graduating from college. This allowed her to make a $100K down payment on a house in her 20’s and start heavily investing in the stock market. Her friends questioned her on what she wanted to buy and her response wasn’t material things, it’s freedom. As we discuss, her timeline to achieve financial independence is right around the corner. In this episode we discuss some great tips, anyone, at any age can apply, to achieve similar goals. Please welcome Charlotte Hyde.
The path to creating a SaaS business isn’t easy. You simply can’t come up with an idea, build a web platform, find a few customers, and you’re off a running. Finding product-market and retaining ongoing subscribers are the hardest aspects of this business model. Fortunately, my next guest has been growing a SaaS for over 15 years. He’s discovered what works and doesn’t work and he shares those tips within this episode. Please welcome Arlen Robinson.
Does the stock market make you anxious? Are you constantly checking your phone, hoping you don’t see negative numbers? And when you do, are you afraid they’ll never go back up? If this describes you, don’t worry, you’re not alone. My next guest learned that he can’t control the market but there is one thing he can control his emotions. The big question is, how do you manage your emotions? In this episode, we talk about the teachings of Phil Town and how it helped him ease his anxiety and become a more patient investor. Please welcome Alex Wong.
Website: https://www.strengthsalchemy.com/
My next guest started investing at three different points in life. He first started in the 1990’s which resulted in some nice returns but he made the mistake of selling way too early and missing out on substantial gains. This caused him to hit the pause button and focus on school. Then in 2013 he picked up investing again and made some decent returns but stopped yet again because he wasn’t confident with his strategy. Then in 2017 he finally picked it up again but this time he’s decided to commit for the long-term. In this episode, he breaks down his strategy and how he now makes consistent returns of 26%. Please welcome Xavier Baars.
LinkedIn: https://www.linkedin.com/in/xavierbaars/
The key isn’t downloads, the key is ROR or otherwise known as Return on Relationships. Podcasting has turned into one of the most powerful tools to network and promote your brand. The challenge most people face is the fear of getting started. Fortunately, starting a podcast isn’t that difficult and my next guest makes it even easier. He talks about his journey of creating a podcast management agency where they handle all aspects of production including scheduling, editing, and promotion. If you want to learn about the power of podcasting for your brand and how to get started, this episode is for you. Please welcome Elzie Flenard
Website: https://www.podcasttown.net/
LinkedIn: https://www.linkedin.com/in/elziedflenardiii/
Do you feel like your job is killing you? You may be right. My next guest is a doctor and author who teaches the impact consumerism has on our health. The more we consume the more necessary our jobs become. We eventually become dependent on our jobs as opposed to passionate. The big question is, how do we solve this problem? In this episode, we talk about the increasing pressure of consumerism along with the steps we can take to improve both our finances and health. Please welcome Dr. Vimal Thomas George.
Website: http://healthinflames.com/
Book: Health in Flames: A Doctor’s Prescription for Living BEYOND Diet and Exercise
How would you feel if you lost 55% of your net worth? What would you do? Where would you start next? My next guest worked for a fortune 500 company for over 30 years and an unfortunate divorce pushed his retirement back years if not decades. Thereafter he turned his attention to real estate investing and within 10 years, he earned everything back and more. Now in his 50’s he’s officially achieved financial freedom. In this episode, we break down his real estate investing strategy and provide tips on how you can get started. Please welcome Chris Odegard.
Website: https://theprolificinvestor.net/
LinkedIn: https://www.linkedin.com/in/chrisodegard/
Have you ever lost money in the stock market by listening to friends? My next guest did exactly that in the year 2000, during the dot-com bubble, but he hit the reset button and made some big changes 5 years later. In this episode, he talks about his strategy which includes starting with companies he knows followed by reading or listening to earnings reports. He states that earnings reports are not only a great place to learn the company direction but you can learn the leadership story as well as how the culture is shaped. Overall, his strategy has allowed him to earn an average of 20% per year over the last 15 years. Please welcome Gaurav Kotak.
LinkedIn: https://www.linkedin.com/in/gkotak/
Website: https://www.fincredible.ai/
From rock band frontman to digital agency owner. My next guest shares his story of how he grew an agency that focuses on social media, SEO, copywriting, and website design. He talks about how they structure the business so employees can focus on what they're best at and how they scale a service business. He also provides some key social media marketing strategies that entrepreneurs can use in their own businesses. Please welcome Jason Hunt.
Website: https://merged.ca/
LinkedIn: https://www.linkedin.com/in/socialmediaspeaker/
Did you know that one-third of the world's crops are pollinated by bees? Unfortunately, the bee population is dying off but my next guest created a business to help make a difference. In this episode, he explains how they are solving problems for both beekeepers and bees. He talks about how this business was started, where the demand is today, and where the business is heading in what happens to be a $10B market. Please welcome Ru Wikmann.
Website: https://beesage.co/
LinkedIn: https://www.linkedin.com/in/ruwikmann/
My next guest is a high school dropout, moved to the US to work as an actress, then moved back to Australia to continue working as an actress, and then started a dog walking business. As she learned, the freelance journey can be a rocky road filled with inconsistent income streams. On top of that, she managed to rack up about $25K in debt by spending money on things she didn’t really need. I can relate as my 20’s were very similar. Then a shift occurred and she created a process to work her way out of debt and one way she was able to speed up the process was with the help of Phil Town. If you don’t already know, Phil Town was a major influence on my life as well. She’s since applied his teachings on value investing and paid off a significant amount of debt while earning 30% in the stock market. In this episode she talks about how she got started, some of the challenges she faced, how many stocks she holds, and how she manages emotions. Please welcome Claire Sara.
Youtube: https://www.youtube.com/c/ClaireSara
This next episode is an inspirational story of a father and son team who created an eCommerce company that sells socks! The company is built on the foundation of spreading happiness. They have a social mission to give back to others and demonstrate to other businesses what people with intellectual disabilities can do. In this episode we break down how and why the business was created, some of the challenges they faced, and some great advice for entrepreneurs looking to stand out from the competition. Please welcome the founders of John’s Crazy Socks, John and Mark X Cronin.
Website: https://johnscrazysocks.com/
How would you feel if you could earn an 800% return in one year? My next guest is a financial planner who shares some of his biggest investment mistakes but also some of the best investment decisions. He talks about the importance of doing your homework on companies before making an investment. As he states “an investor should have a strong conviction on the companies they invest in and they shouldn't get risk and volatility confused.” Please welcome Jim Crider.
Website: https://www.intentionallivingfp.com/
LinkedIn: https://www.linkedin.com/in/criderjim/
How would you feel if you were one of the first employees in a fast-growing tech business like Apple, Netflix, or Amazon? My next guest isn’t the founder but he’s one of the first employees at a startup that helps other startups and small businesses manage their cap table. The company already raised $2M in a pre-seed round and is starting to get some global traction. In this episode, we break down his working history, why he left the US and moved to Amsterdam, and how he got involved with WE.VESTR at the ground level. Please welcome Ben Reisler.
Website: https://wevestr.com/
LinkedIn: https://www.linkedin.com/in/benreisler/
Should you follow the investment advice of others or learn to invest on your own? My next guest started his investing journey following other people on Facebook and Youtube and ended up losing money. This caused him to hit the pause button, take a step back, and learn how to invest properly. In this episode, he talks about how much money he started with, how much he invests every month, and some of his biggest mistakes including an $8,000 loss. Now, he shares a fun tip on how to avoid the same mistakes ever again. Please welcome Mark Lantry.
LinkedIn: https://www.linkedin.com/in/marklantry/
Website: https://www.sharesight.com/au/sfba/
Day trading, swing trading, or investing. Which is best for you? My next guest started in the stock market at age 16 and he quickly learned which strategies work well and which is best avoided. In this episode, he shares his strategy, how much he invests every month, and how he generated a 35% return in 2020. Please welcome Austin Bouley.
LinkedIn: https://www.linkedin.com/in/austin-bouley-00948513b/
Website: https://www.theimpeccableinvestor.com/software
How would you feel if you faced troubling times for 10 days, 10 weeks or 10 months? My next guest didn’t have it that easy as she faced a consistent struggle for 10 years. Her business failed, she went through an employer lawsuit, went through a divorse, her father got cancer, her father passed away, and she lost her house. One dark patch after another with no end in sight. As she quotes “Resilience is the audacity to never give up.” She stuck to her vision and kept driving forward. She had to make a few business pivots but she eventually sold her business to a well-known CEO for a sizable amount of cash and has been enjoying the career of her dreams ever since. This episode is a great story of focusing on your goals and never giving up. Please welcome Beate Chelette.
LinkedIn: https://www.linkedin.com/in/beatechelette/
Website: https://thewomenscode.com/
Tracking terrorists on the dark web, former ballroom dancing champion has a collection of over 400 cufflinks, has 3 degrees from MIT, and consulted with NBC on the platform known today as Hulu. Although he has a lot of great experience, he found there is one important skill most people fail to learn. That skill is leadership. In this episode, we walk through his background leading up to a business and a book that not only teaches people how to lead but also teaches you how to network, negotiate, and communicate. He emphasizes the fact that the smallest changes can make the biggest impacts on your career and he breaks down a few of those tips in this episode. Please welcome Mark Herschberg.
Website: https://www.thecareertoolkitbook.com/
LinkedIn: https://www.linkedin.com/in/hershey/
After being laid off when Covid-19 hit, my next guest decided to use the opportunity to become an entrepreneur. In this episode, he talks about his transition from management consulting, to creating an app that helps restaurants gain exposure after covid-19, and finally leading to a data analytics company. He also shares the exciting benefits of creating a 100% remote team which allows him to travel and work from different locations around the world. Please welcome Drake Dukes.
LinkedIn: https://www.linkedin.com/in/drakedukes/
Website: https://launchgravity.com/
The choices we make can have a big impact later in life. My next guest decided to start investing 50% of his monthly income in his mid-20’s and by the time he reached 31, he could quit his corporate job and start a business with very little financial stress. In this episode, we learn about his investing strategies, mistakes, and successes. Please welcome Tristan Pelloux.
LinkedIn: https://www.linkedin.com/in/tristanpelloux/
My next guest has faced his fair share of challenges within the aviation industry. He had dreams of joining the US Airforce at a young age but due to his height, standing 6’4”, he wasn’t accepted. He also failed out of aviation college or was asked to leave 3 times but that didn’t stop him . Raised by entrepreneurs, he was 100% driven to create a business of his own. Although college wasn’t for him, he still obtained the necessary certifications to fly and he found instructing others to fly, to be his passion. In this episode, he breaks down the process of transitioning from a service business model to a leveraged income model. As of today, he has a company of over 30 employees and has helped over 20,000 customers in the aviation industry. Please welcome Jason Schappert.
Website: https://mzeroa.com/
LinkedIn: https://www.linkedin.com/in/jasonschappert/
Do you or someone you know have an interest in moving to Canada? This can be a confusing and intimidating process for most but what if you had someone help you through every step along the way? My next guest is an immigration consultant who helps people from all over the world move to Canada. In this episode we talk about the qualifications to get into Canada, the red flags that prevent you from getting in, the process, and the estimated timelines. This is a must listen for anyone considering the move. Please welcome Brandon Miller.
LinkedIn: https://www.linkedin.com/in/brandon-miller-rcic-61996332/
Website: https://www.mysecondpassport.ca/
My next guest shares the story of paying off student loans within 5 years after graduating college by creating a plan and sticking to it. In fact, he put himself into a situation where he could travel as much as he wanted. He then took what he learned about personal finance and created a FinTech company that organizes all of your financials in one clean location and shows you where you can save money. Please welcome Bryan Stave.
LinkedIn: https://www.linkedin.com/in/bryan-stave-b83643a8/
Website: https://investii.com/
From volleyball, to sales, to management consulting. My next guest shares the story of the transition from a semi-pro athlete, to a seasoned sales leader, and finally to finding his passion as a consultant. He eventually went on to write a book that helps chief marketing officers and sales leaders transition to chief revenue officer, a leadership role that encompasses all facets of revenue generation.
In this next episode he provides some great advice for marketers and well as sales people and specifically shares a story of securing a contract with Harley Davidson, a company that is not easy to land as a client and typically conservative and wise with their spending. Please welcome Rolly Keenan.
LinkedIn: https://www.linkedin.com/in/rollykeenan/
Website: https://tegrita.com/
Book (CMO to CRO: The Revenue Takeover by the Next Generation Executive): https://www.amazon.com/CMO-CRO-Takeover-Generation-Executive/dp/1544517807
How would you feel if you were featured on major publications such as Forbes, Inc, BBC, and TechCrunch? My next guest has an agency where he not only writes articles for your business but he also features those articles on large publications. Depending on the popularity of the blog post, you can drive hundreds, if not thousands of visitors to your website. If you’re interested to learn how this works, this episode is for you. Please welcome Aidan Sowa.
LinkedIn: https://www.linkedin.com/in/aidansowa/
Website: https://sowaagency.co/
My next guest just started a Youtube channel focused on personal finance and touches on topics listed above.
In this episode we talk about how to speed up your learning curve and avoid mistakes on your own, if a college education is really the right path for you, and society's unfortunate focus on careers that require you to trade time for dollars. Times are changing and establishing passive income is extremely important. Please welcome Richard Carden.
Youtube: https://www.youtube.com/channel/UCMfdElp72t_Da-csGKEtVkg
My next guest tells an incredibly inspiring story of overcoming addiction and pursuing a career in personal finance as a financial coach. Addiction can cripple us emotionally, spiritually, and financially. It can be extremely difficult to overcome but as my next guest shares, the life on the other side can be amazing. In this episode he shares details on the challenges he faced, how he overcame them, and where he’s at today. Please welcome Paul Roux.
Website: www.paulrouxcoaching.com
LinkedIn: https://www.linkedin.com/in/paul-roux-qafp%E2%84%A2-2060881b/
Facebook:www.facebook.com/paulrouxcoaching
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 trust strategy that will help prevent you from overpaying taxes. If you’re looking to sell a business some day, this episode is perfect for you. Please welcome Brett Swarts.
LinkedIn: https://www.linkedin.com/in/brett-swarts/
Website: https://capitalgainstaxsolutions.com/
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 importance of differentiating himself from others and he shares some incredibly smart and actionable strategies in this episode. Please welcome Max Keller.
LinkedIn: https://www.linkedin.com/in/max-keller-567760154/
Website: https://dealschasingyou.com/rei-book-writing-checklist
Facebook: https://www.facebook.com/SaviorPublishingHouse/
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 walk and talk again along with his motivation to not walk, but run, out of the hospital.
Today he lives like he’s been given a second chance. He’s an entrepreneur who refused to settle for average . Today he is a partner at a fast growing real estate investing firm. Please welcome Nick Prefontaine.
Today he lives like he’s been given a second chance. He’s an entrepreneur who refused to settle for average . Today he is a partner at a fast growing real estate investing firm. Please welcome Nick Prefontaine.
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 commercial plastic on the market including milk cartons, window blinds, and zip ties. It took nearly 3 years to land on the perfect material and design but he made it happen. Now today he is the inventor of Million Dollar Collar. In this episode we talk about his entrepreneurial journey of selling houses, cars, and diamonds and how it led to a career in fashion. Please welcome Rob Kessler.
LinkedIn: https://www.linkedin.com/in/robkessleriii/
Website: https://milliondollarcollar.com/
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 who are in their last years of their life is “regret”. My next guest is an entrepreneur who has built and sold multiple businesses throughout his career and he credits his parents for giving him the confidence to aim high and pursue his dreams. Please welcome Jim McGonigle.
Website: https://operationkeywest.org/
There is good success and bad success. The question you need to ask is at what expense is your own definition of success being realized? Some people work hard while others work smart. Which category do you fall in? My next guest was destined to create a business that generates passive income so he can enjoy more time with his family. In this case he got into Amazon FBA. In this episode he talks about what niche products sell better than others, how to get started, and how to scale this type of business. He also talks about his path to creating informational products to teach others how to generate passive income through Amazon FBA. Please welcome Ryan Reger.
Website: https://pages.ryanreger.com/
LinkedIn: https://www.linkedin.com/in/ryanreger/
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 importance of getting out of your comfort zone and pushing yourself to learn more. Similar to compound interest, this type of philosophy will pay off big in the future. Please welcome Kat Maningo.
LinkedIn: https://www.linkedin.com/in/katmaningo/
Website: https://empathyfirm.com
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 real estate investing company that helps investors establish monthly cashflow and tax benefits. Please welcome Greg Junge.
LinkedIn: https://www.linkedin.com/in/gregoryjunge/
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 serve a need and this episode provides an easy roadmap on how to get there. Please welcome Marcus Norman.
Youtube: https://www.youtube.com/c/gentlemanstylepodcast
Instagram: @gentlemanstylepodcast
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 tips on how to make the transition to entrepreneur. Please welcome Ryan Sterling.
Website: https://futureyouwealth.com
LinkedIn: https://www.linkedin.com/in/theryansterling/
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 just need the drive and passion to move forward. Please welcome Joey Donovan Guido.
Website: https://www.cuppaseo.com
LinkedIn: https://www.linkedin.com/in/joeydonovanguidocuppaseo/
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: https://www.linkedin.com/in/andydix/
My next guest is a podcaster, coach, and consultant. He currently runs a business called New Inceptions which helps entrepreneurs automate and scale their business. Are you a solopreneur who wants to develop a lifestyle business? Are you a mechanic who wants a little more passive income? Are you a doctor that works around the clock? There are solutions for all the above. Please welcome JC Preston.
LinkedIn: https://www.linkedin.com/in/jcpreston/
Website: https://newinceptions.com
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 that send you alerts when your portfolio falls out of alignment. And finally performance reporting where you can keep track of your portfolio performance contributions, and more. In this episode we learn his background and how he created this business. Please welcome Brendan Lee Young.
LinkedIn: https://www.linkedin.com/in/brendanleeyoung/
Website: https://passiv.com
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 systematize the numbers so you can enjoy the fruits of their labor. Please welcome Rocky Lalvani.
LinkedIn: https://www.linkedin.com/in/rocky-lalvani/
Website: Profit comes First
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 challenges of this business and helps students navigate the constantly changing real estate waters. He is also a 3-time best-selling author and the host of The Smart Real Estate Coach Podcast. Please welcome Chris Prefontaine.
LinkedIn: https://www.linkedin.com/in/chrisprefontaine/
Website: https://smartrealestatecoach.com
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 create a sales consulting business where he helps small businesses, mid-sized businesses, and tech startups scale their sales exponentially. Please welcome Ryan Staley.
LinkedIn: https://www.linkedin.com/in/ryan-staley
Podcast: Sales and Marketing Built Freedom
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 ends meet, they worked 3 - 4 minimum wage jobs around the clock. He quickly learned that working a job should only be temporary. To truly get ahead, you need to own assets especially assets that produce ongoing cash flow.
He’s owned and operated several ventures throughout his professional career but today he owns an agency that helps market online courses. In this episode he talks about the do’s and don’t of course creation, why you shouldn’t listen to online marketers, and why the information age is dead. He also emphasises the importance of product/market/educator fit. In other words, if someone is going to create a successful online course they need to not only find product/market fit but they have to truly be the right teacher for the job or they won’t generate any sales. Please welcome Tim Libelt.
Website: https://smartbrandmarketing.com
LinkedIn: https://www.linkedin.com/in/tomlibelt/
Facebook: https://www.facebook.com/SBMPodcast/
Twitter: https://twitter.com/tomlibelt
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 available such as water and fire damage restoration, fitness, hair care, commercial cleaning, insurance, hotels, and more. Starting a business can be difficult but when you do the right homework up front and have the right systems already put in place, your probability for success is greatly increased. Please welcome Giuseppe Grammatico.
Website: https://ggthefranchiseguide.com
LinkedIn: Giuseppe Grammatico
Facebook: https://www.facebook.com/GGTheFranchiseGuide/
Instagram: https://www.instagram.com/gg_the_franchise_guide/
Twitter: https://twitter.com/ggrammatico
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 jobs.
After years of following Dave Ramsey’s “snowball method” and paying off about half of the debt, they discovered they had really nothing to show for their hard work and sacrifice. Although they were paying off debt, on the flip side, they weren’t saving for retirement.
At that point, their mentor introduced him and his wife to a concept known as “bank on yourself”. He then discovered an investment vehicle with three important criteria:
- Keep your money safe.
- A competitive rate of return.
- Locked in gains.
He and his wife used this product to quickly pay off their debt and put themselves on the fast track to saving and investing.
Now today, they run a financial planning practice where they help clients pay off debt and take financial control of their future. Please welcome Mark Willis.
Website: https://lakegrowth.com
LinkedIn: Mark Willis
Facebook: https://www.facebook.com/lakegrowth/
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 real estate all over the US to create financial freedom. He talks about the mathematics of residential real estate investing, what parts of the US you should focus on, and how to scale your real estate investing business.
Please welcome Axel Meierhoefer.
Website: https://idealwealthgrower.com
LinkedIn: Axel Meierhoefer
Facebook: https://www.facebook.com/idealwealthgrower/
Instagram: @idealwealthgrower
Twitter: @IdealGrower
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 entrepreneurial DNA is strong with this guy, he did something unexpected after graduation. He went to work for a law firm so he could learn how NOT to run a law practice, how NOT to lead employees, and how NOT to manage client expectations.
One key topic we talk about on this episode is the importance of hiring great people and that paying more up-front can actually save you money in the long run.
Today he owns a fast growing personal injury law practice with 21 employees and he has his sights set on growing that firm to 100 employees by the end of 2021. Please welcome, Ali Awad.
Website: https://aliawadlaw.com
LinkedIn: Ali Awad
Facebook: https://www.facebook.com/theceolawyer/
Instagram: @ceolawyer
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 establish and scale a wedding officiant business. No matter if we’re facing COVID-19 or an economic downturn, people will still get married. If you’re interested to learn about the career of a wedding officiant, this episode is for you. Please welcome Brad Schnell.
LinkedIn: Brad Schnell
Facebook: I do Wedding Officiant
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 recommend buying homes on credit cards today, he does teach his students how to obtain private lending for real estate investment purposes. He has owned more than 2,000 homes and has perfected a method of achieving cash-flow without having to be a landlord and without having to rehab properties. Please welcome Mitch Stephen.
Website: https://1000houses.com
LinkedIn: Mitch Stephen
Facebook: https://www.facebook.com/1000Houses/
Twitter: @Mitch_Stephen
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 more than a factory worker, he set his sights on computers and programming. He saved every penny he could to pay for one technical class. After clawing and scraping through education, he eventually moved from India to Canada to start a new life where he began his career in tech. Fast forward to today, he has 4 patents in AI (artificial intelligence) and he’s been fortunate enough to work with some of the biggest brands on the planet including Microsoft, Pearson, and IBM. Please welcome Manuj Aggarwal.
Website: https://tetranoodle.com
LinkedIn: Manuj Aggarwal
Facebook: TetraNoodle
Instagram: @manujagro
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 experience that has allowed him to have a deeper understanding of how people think and he’s applied this experience to writing engaging copy that converts hesitant prospects into paying customers. His specialties include Facebook Ads, Landing Pages, Sales Letters, and Email Sequences. At the end of the interview he provides some profound wisdom on psychology and how we can change our mindset to achieve even the most impossible goals. Please welcome Dan Matthews.
Website: http://www.danrmatthews.com
LinkedIn: Dan Mathews
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 Service tech startup that is described as TikTok meets Zoom. If you want to learn how to build and scale a tech business, this episode is perfect for you. Please welcome Bernardo de la Vega.
LinkedIn: Bernardo de la Vega
Facebook: Bernardo de la Vega
Instagram: @bernardo_delavega
Imagine spending $100 MILLION DOLLARS on a project with uncertainty you’ll ever make your money back. Welcome to the world of real estate development. My next guest has been a real estate developer for over 20 years. This industry is most definitely not for the faint of heart. From the outside looking in, the risk to reward ratio is far off balance and would cause most people to pass out from sheer anxiety. He started his career on the front line as an electrician. He then went to school to learn the entire real estate development process. Thereafter he worked for several developers as a project manager learning what he would call the entire “cradle to grave” lifecycle. Then at age 32 he branched away and started his own company and now today his speciality is residential properties. If you want to get an idea of what real estate development looks like, this episode is for you. Please welcome Scott Choppin.
Website: https://www.urbanpacific.com
LinkedIn: Scott Choppin
Instagram: @scottchoppin
Facebook: https://www.facebook.com/scottchoppin.business
Twitter: @ScottChoppin
Imagine earning 700% in the stock market? How would that make you feel? My next guest started his career in the Navy, moved into management consulting, and eventually landed in real estate. Contrary to most investors he started in commercial real estate and eventually transitioned to residential. He used his gains in the stock market to help propel his real estate investing career forward faster and achieved financial independence at age 41. Today he not only invests in real estate but he’s an angel investor in small businesses and a mentor for up and coming entrepreneurs. Please welcome Fredrik Sandvall.
Website: http://fundx.global
LinkedIn: Fredrik Sandvall
Instagram: @entrepreneur4good
Facebook: https://www.facebook.com/FredrikinLondon/
Imagine being recruited as a high paid consultant at age 14? This story began when my next guest witnessed his father get locked into a long term SEO contract. Coming from a family that was already in a difficult financial position, this contract sent his family into further financial ruin. At age 14 he decided he would solve the problem himself and learn SEO. By age 17 he was attending high school one day a week and making money hand over fist. The problem with being really good at something with very little life experience allows emotions to easily take over. With an inflated ego he left his employer on bad terms and spent his entire life savings on starting a new, and in his opinion, better business. Unfortunately he didn’t think things through and ended up homeless in less than two weeks. The rug was pulled out and he hit rock bottom. At this point he made the decision to stay the course. He loves SEO and he knows he can help business rank higher in search engines. He decided to focus on providing the absolute best value he could. Fast forward to today, at age 23 he is now a millionaire with the fastest growing SEO agency in Australia. This is one of the most inspirational “rags to riches” stories I’ve heard in a long time. Please welcome Harry Sanders.
Website: https://studiohawk.com.au
LinkedIn: Harry Sanders
Instagram: @studiohawkseo
Facebook: https://www.facebook.com/studiohawkau/
Imagine starting a project. The client is excited, you’re excited, everything feels great! Then the client requests changes, scope creep occurs, deadlines are pushed, and the project goes off the rails. Then you figure out a way to face those challenges one at a time and eventually climb out of the hole, make the client feel good again, and bring the project back on track. Welcome to the world of application development. My next guest has a team of 40 employees where they build custom mobile apps for tech startups on up to fortune 500 companies. He has a passion for service and providing top tier value through technology. He and his business partner started this firm soon after graduating from MIT and they never looked back. With a strong financial acumen, they were able to correctly build and scale a service business. Please welcome Chao He.
Website: https://swensonhe.com
LinkedIn: Chao He
Instagram: @swensen_he
Twitter: @swensen_he
Facebook: https://www.facebook.com/swensonhe/
Imagine striking a deal with a Shark Tank host but in this circumstance, the shark calls you without you even appearing on the TV show. My next guest has a history of building and selling successful product based businesses. He has a knack for licencing highly ergonomic problem solving ideas. Now he has a product called Love Handle which is essentially a brandable strap that goes on the back of your cell phone. This product managed to catch the attention of Daymond John and his staff at the Shark Group. Soon after a surprising phone, a deal was negotiated and now today this product is one of the fastest growing cell phone grip accessories on the market. If you want an inside look into the world of licensing, manufacturing, and selling small price point products, this episode is perfect for you. Please welcome Mike Watts.
Website: https://www.lovehandle.com
LinkedIn: Mike Watts
Instagram: @mikewatts
"Once you earn a million dollars per year, you will probably do well the rest of your life. That’s because you no longer believe you can do it, you’ve shifted to knowing you can do it because you’ve already done it before.” These are wise words from my next guest who built an online business that generates $6M per year and he was able to achieve that without advertising. So the question you may ask is how did he do it? As stated by Liam Neeson’s character in the Taken franchise, “I have a unique set of skills.” In his case, he’s exceptional at leveraging the media to scale businesses. Please welcome Josh Elledge.
Contact Josh at https://upmyinfluence.com
Imagine turning a real estate investment of $14,000 into over $300,000. How would that make you feel? My next guest has been a real estate investor for over 30 years. She’s invested in properties that produce passive income for her and her husband, she’s invested in properties that have funded her children’s education, and she’s even donated a few of her properties to help those in need. This is a highly educational episode on real estate investing and I know you’re going to love it. Please welcome Kim Avant-Babb.
Contact Kim at https://www.linkedin.com/in/babbpropertiesllc/
What if you were an introverted accountant and then one day decided you wanted to flip your career on its head and get into sales? I bet if you did the research on this type of career transition, it would probably be less than 1%. My next guest did exactly that. He spent the earlier part of his career as an accountant and then eventually made the transition to sales and actually became quite good at it. He climbed the ranks in corporate America and then decided to branch out on his own. Today he runs a sales training company where he helps small and mid-sized businesses increase their sales conversation ratios not only in person but over online conferencing platforms such as Zoom and Teams. Please welcome Jeff Brandeis.
Contact Jeff at https://brandeistrainingsolutions.com
My next guest pretty much stumbled into the career path of an entrepreneur. At a young age he witnessed his father struggle with neck pain and noticed that pain would be reduced through chiropractic treatments. He then went onto chiropractic school which lead to him establishing his own practice. The problem is, like most professions, school doesn’t teach you how to sell or generate revenue. He had to learn on his own and one of the best ways to generate revenue is by networking with strategic partners. Through the power of networking he met an individual that needed help producing a podcast. That individual just so happened to be Andrew Warner, the host of Mixergy, one of the most popular podcasts on the market. While operating his chiropractor business, he also produced Mixergy for six years. Now today he owns an agency that helps podcasters connect with strategic partners and influencers so you can generate ROI without heavy selling. Please welcome, Jeremy Weisz.
Contact Jeremy at https://rise25.com
My next guest has a background in the auto industry as well as the insurance industry and he turned his attention to business lending where he founded a company that helps provide lending for real estate investing. Not only is he a lending partner but he provides services to help investors reduce risk and make wise investments that produce positive cash flow for the long term. If you’ve ever wanted to get started with real estate investing, this guy is a great place to start. Please welcome Dex Trailer.
Contact Dexter at https://www.mojafinancialgroupllc.com
Everyone faces adversity in life to some degree . It’s what you do with that adversity that determines your future. My next guest has certainly faced his fair share of challenges. Some of which were self-inflicted and some of which were the product of his surroundings. He’s sold drugs, been in and out of jail, and faced extreme poverty. When life beats up for not years, but decades, and you don’t give up, that means something. This guy knew he was meant for more and he eventually started connecting with the right people which allowed him to hone on his true calling which is coaching. I typically wouldn’t invite a coach on this podcast because those who know me best, know I don’t deal with fluffy motivational BS, preached by prideful fake gurus. But, this guest is different. Before he became a coach, he was practicing what he preaches and was highly successful as sales. Using a proven process and applying the right mindset, he discovered that achieving your goals, isn’t too far way. You have to hear this story, I know you’re going to love it. Please welcome, John Marrone.
Contact John at https://johnmarrone.com
Imagine retiring by age 40 but wishing you would have taken action earlier so you could have retired by age 30. My next guest has been investing in real estate most of his professional working career. We walk through the circumstances that put him on this path at a young age, the choices he’s made, and how he spends his time today. He also provides some wisdom on how to take action. Please welcome Gary Wilson.
Contact Gary at https://www.myinvestmentservices.com
Have you ever thought about day trading stocks? Those who know me understand that I’m not a fan of trading. It’s high risk and over 90% of people lose money doing it. In most cases, you’re better off going to the Casino. At least they’ll serve you free drinks while you lose money. Well my next guest has been trading for 10 years and he’s one of the 10% that found a way to make money with trading. In this episode we’ll be talking about the risks of trading, the differences between investing and trading, and the time required to actually make money at trading. Spoiler alert, he spends about 10-12 hours per day. It’s actually a lot of hard work. If you’re curious about the world of trading, this episode is a great place to start. Please welcome Clayton Allen.
Contact Clayton at https://www.allenfx.com
My next guest co-founded a company called Carlypso after graduating from Stanford Business School in 2013. He went through YCombinator (same startup accelerator as AirBnb, DoorDash, Stripe, Reddit etc). He Raised a total of $10M in venture funding by 2015 and sold the business to Carvana.com in 2017. He stayed with Carvana for 3 years and left in June of 2020 to start a digital auto loan refinancing platform. Our new business is all around helping Americans with challenged credit and they are doing their part to address income inequality. They are closing their funding round as we speak and should be off to the races!
Contact Nicholas at https://www.withclutch.com
My next guest is a young entrepreneur who found a niche in the Amazon account management space. He helps Amazon sellers achieve more freedom by managing their supply chain and customer service. Although his business is a service business, he’s applied his engineering talents to the business operations which is allowing him to quickly scale. At a young age he’s already off to an impressive start. Please welcome Zach Jensen.
Contact Zach on zach@stokeunlimited.com
Have you ever thought about owning real estate? How about owning real estate where your tenant signs a contract for 5, 10, and sometimes 15 years? The thought of having a low risk and long term tenant is pretty much a dream in this space. But check this out… My next guest focuses on high demand corporate real estate opportunities where some of the tenets include Walgreens, CVS, and 7/11. We’ll be talking about how opportunities are found and how investors can get involved. Please welcome Dwaine Clarke.
Contact Dwaine at dclarke@gctcommercial.com
My next guest took his background in supply chain and applied it to sales processes. He created a highly scalable service business that generates leads for other organizations.
He talks about a very conservative approach to starting a business in the beginning but this approach has allowed him to build a highly profitable business that also provides excellent work/life balance.
Aside from his primary business, he also invests in real estate as a source of passive income.
This guy has razor sharp financial acumen. I know you’re going to love this next story. Please welcome Anthony Colarusso.
Contact Anthony at
https://growsalt.com
Cold calling. I don’t know about you, but I don’t exactly roll out of bed with motivation to cold call.
As for our next guest, it’s not only something he loves, but something he’s great at.
He first discovered the craft in college and by the time he graduated, he was running a cold call center.
Fast forward years later, cold calling has been the foundation of his career ever since.
Today he’s the president of an insurance agency but he’s also a cold calling coach where he helps companies large and small increase their sales conversion ratio over the phone.
This is a perfect example of dedicating your time and energy to not only be good, but GREAT at a skill most people are fearful of.
Please welcome Paul Neuberger.
Contact Paul at
https://coldcallcoach.net
Ashley Altum achieved the dream of helping build and sell a business at a relatively young age. She then took the profits of that sale and invested in another business that unfortunately ended up being a pretty big failure. After losing a lot of money and feeling down and depressed, she had no choice put to pick herself up and keep going. But in this case, she did everything right. We’ll be talking about how to create a highly scalable service business including how to charge your customers and how to build an awesome team.
Contact Ashley at
https://www.profitmatters.co
Curtis May is an insurance and financial services professional with over 20+ years experience. On the surface, insurance isn't exactly a glamorous business model but it's a necessity! It's also a recurring revenue model. If you want to become an entrepreneur, this is a great place to start.
Are you tired of typical financial advice that keeps your assets at risk and out of your control? There IS a BETTER way!
CLICK HERE
Agostino Pintus is a multifamily investor, syndicator, and entrepreneur with more than 15 years of experience in real estate. He currently oversees strategic partnerships, capital development, and platform development for Realty Dynamics Equity Partners, an investment firm specializing in multifamily acquisition and asset management services.
Contact Agostino at
http://rdyne.com
Chad Heeter has an inspirational story of overcoming the loss of a loved one. With two children at home, he knew he needed a career that provided freedom. In this case, he turned his attention to real estate investing. His specialty is Lease to Own Investing.
Contact Chad at
http://buffalopeakpropertysolutions.com
Real Estate Coaching QLS Link
https://hugewhy.isrefer.com/go/QLS2/cheeterb/
Noah Garrett is the co-founder of True Repair, a tech startup that is streamlines the auto repair industry.
Contact Noah at
noah.garrett@true.repair
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Nick Guenther has established an SEM (Search Engine Marketing) agency as well as real estate rental income. He put himself into a position where he could travel for several months at any instance while leveraged income continues to roll in. Now he's turned his attention to a new venture entitled Catalyst Shift. It's a virtual mastermind website platform that's gaining traction fast!
Contact Nick at
https://catalystshift.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Matt Riordan is an IT Professional who managed to remove tens of thousands of dollars of debt within two years. Now, being debt free, he has the high ground and the opportunity to create leveraged income with very little risk.
Contact Matt at
riordanm89@gmail.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Jeremy Cherny owns an IT Managed Services company. He founded the company in the 1990s and put himself in a position where he could step away from the business and it will essentially operate on it's own due to the team he's put in place.
Contact Jeremy at
https://tobinsolutions.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Bryan Gardner is a serial entrepreneur who has built and sold multiple ecommerce businesses. He achieved FIRE (Financial Independence Retire Early) in his mid-twenties.
Contact Bryan at
getcoopt.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Chris Yogerst, Ph. D. is a Professor of Communications as well as a published author. In this episodes he breaks down the steps required to research, write, publish, and market a book.
Contact Chris at @chrisyogerst
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Ryan Mehaffey serves SMEs (Small and Mid-Sized Enterprises) and in select cases he applies is consulting skills to online based businesses for equity in return, which has proven to generate leveraged income.
Contact Ryan at
https://www.feastoverfamine.org
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Lori Highby owns a marketing firm, she's a public speaker, and she's an adjunct professor at a local university. All three work together giving her compounded results. She has a plan to retire early and you'll hear, she's well on her way.
Contact Lori at
lori.highby@keystoneclick.com
https://www.keystoneclick.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Leanne Pressly owns a marketing firm, real estate, and is also a self-directed investor. In this episode we talk about why it's so important to find a niche audience and be GREAT at serving that audience.
Contact Leanne at
https://stitchcraftmarketing.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Kody Aulenbacher is a serial entrepreneur who owns a recruiting firm, furniture company, and apparel company. He's currently in the position where he's trading his time for dollars but he's making moves to establish leveraged income.
Contact Kody at
Kody@prime-talentsolutions.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Shawn Cannon has established leveraged income with FBA (Fulfillment By Amazon). He also owns a coaching business associated with FBA where he helps individuals get started and scale their own FBA businesses. He recently sold his shares in a business that developed a tactical board game (High Noon) that raised over $75,000 on Kickstarter within 24 hours.
Contact Shawn at
thedbaglife@gmail.com
For more episodes go to:https://paybacktime.pro/podcast/
For wealth coaching services go to:https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to:https://tykr.pro
Dhruv Patel is the owner of Redspark, an IT Firm that develops custom software, mobile applications, and websites. He also owns a hands-off service business where a team builds email marketing templates for Mailchimp and Constant Contact. This is a perfect example of how to establish leveraged income through a service business.
Contact Dhruv at
dhruv@redsparkinfo.com
https://www.redsparkinfo.com
https://www.sparkemaildesign.com
For more episodes go to: https://paybacktime.pro/podcast/
For wealth coaching services go to: https://paybacktime.pro/coaching/
If you want to increase your annual returns in the stock market go to: https://tykr.pro