382: Net Worth Of $13.5M - Hitting 7 Figures In Several Different Asset Classes
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Develop an interest or how did you develop an interest and even investing at such an early age? And how much do you think that propelled you and to where .

you're at today? Why is is really my the way was brought up. My folks, in particular, my dad, was an independent contractor. He had his own business but worked by himself, didn't well in in terms of his earnings, but really made his money based on investing.

And I was always interested in IT, and he would never really share a whole out with me about what was in there. But he would always tell me, like when the market did good. So he would tell me today was a good day because was a bad day.

You know the that went up some number of points back in whatever was two thousand or ninety ninety eight or whenever ver reliving these conversations and I say he installed the idea of if you put money in the markets and you kind of got no reason to sell IT, as long you're buying good companies and you hold them, things work out pretty well and IT IT helps. And that worked out really well for in that regard. And really the only difference to be my philosopher and they're s is just I had a high income for extended period time.

So been able to accelerate IT a little bit more than maybe they were able to. But yeah, the way we brought up, my mom's money went to pain for all of our things. My dad's money went to pain for taxes and for investing. And it's kind of work that away with with myself, in my wife, at our house, to SHE pays for most of our daily living in expenses. I pay our mortgage and our investing time works out that way.

Welcome millionaire and future millionaire. You are listening to the millionaire unveils forecast the show. We're still here. The stories and interviews of everyday millionaire unveils their decisions, their strategies and their portfolio allocation, not your host jays mattson.

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We are on the eve. The election would be kind of a nice and some ways to put all that behind us. And we build a kind of see what the what the policies may look like is that relates the economy, everything else. So excited for that, as i'm sure many of us are. It's been quite a wild election season today on the actually .

we forget ted that .

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Will Price spend a little time and maybe in the next couple weeks talking a little bit about that? But today's i'm so with oil sandworth thirteen and a half million dollars, a business owner in a digital marketing space had a business for just around twelve years, and he has become a millionaire. Essentially every asset class became a millionaire.

Real state became a millionaire. The market in tax accounts, and almost there are on tax of manager accounts as well. And then in business, so kind of an interest um interesting strategies been invested in the Marks since he was a teenager.

His dad was very instrumental in planting that seed for him. And we get into a discussion about that, and he just had his first child, and as a second one is on the way. So his his journey has been foot a little bit in some respects, and we dive deeply that as well. So gonna a great episode without any further delete. You give you up .

the been doing so sense twenty twelve focus, most of my my investments are there. Most my equity is high up there um but also spend i've been building up taxable investments, retirement income, real stay portfolio ah. But the majority of my time spent on our digital marketing company.

I have been how long do you see even doing the digits marketing for h.

We have had our own business myself in the business partners started IT in twenty twelve and about five years prior to that was doing that for a larger organization, similar services.

OK. I feel like that kind of unique, not unique, but a common kind of Opera ural journal of getting kind of a skill sets somewhere, leveraging that that kind of start your own business.

Was that always the plan? No um the plan kind ad one honestly moved to chicago in was twenty two thousand and six, took a job before moving down, realized my first day that that job was not the fit for me but now I had learned and bills to pay so I got a call from augar organization offering a job selling digital marketing technology essentially to talk IT kind of out of necessity and that that grew into something that turn to be pretty good at and did that for five years and love talking to the client.

Tell that we were talking to regularly and venture kind of outgrew the services that we are offering and started feeling a little bit that we are given more cookie cutter services than anything else. So be in my partner, who are met at tworog business partner, you know, kind of back of an apkon, said you want to try to do the something your own and offer more comprehensive solutions. And there there you go. So what kind of about or two IT is, uh, they want quit of a job and turned in the sun that doing now that cry wouldn't.

That's awesome. I only get more in the ways on the story. But before we do what your network today.

just over thirteen, depending on how you want to count the business value.

okay. And how is that broken .

up my metal off if you want, I got my spreads attract everything on um terms like cash and hayle savings. There's about nine hundred and there's additional about seven hundred in cashes in the business account, half of that actually. So there's twice as much of that, but half of that is what would consider this part of mine for one is about seven hundred step I R A, about three hundred old rough.

There's about seventy five thousand, about a million and half in taxable investments, seventy five brand that flexes quite a bit in a alternative investment through when cannabis became legalized. We invested in the company that sold and converted in stock. And then about six and a half, six point seven and business my wife garden center has a value on IT that's parly conservatively at hundred and fifty to two hundred thousand uh and on the rest of IT in real estate.

So we own the office building that we Operate out of. Ah I want a condo that I now run out are we own our next door we are next door to our house we bought in April um actually for future plans of turned down this and build in a bigger yard um which is about five fifty and then the primary residence here we try around seven hundred and fifty thousand and equity of two and half million real estate. You will take just under seven and business uh million and half or so in taxable million's own retirement and about one point six giver taking cash .

do you quite the quite the breath of investments you basically become a millionaire in every kind of category that everybody says, you know hey, if i'm a stock mark, that's illy. What to make IT from the guys I really want to make from the only want to make IT you've really done in every single .

facet yeah you just enlighten me to that I suppose a lot of that way.

So the real estate do you have dead and on any of that mortal .

so on my condo um my hair since two thousand and eight, there is some dead on that i'm all to come the equity and what I gave you, I think dad on there is around two hundred thousand on primary residence. There's a marriage that right now around seven hundred thousand. So we are only talking about the equity there as well. And then the house we walked next door that was a cash for just so there's no, no that there.

okay. So your leverage position is pretty low relative to the equity in most real stay.

sure. It's intentional. That was not my chosen path of of a wealth building in any way. But IT is becoming of interest. I mean honey ly part of listening to like shows like yours and other podcast doing research about where of a dollars that might be some mom looking to grow in the national citizen future but definitely don't love the idea of being overleveraged in something that i'm .

not fluently yeah for sure so talk us through I mean, how do you think about you know getting to we've got to where you know dollars that you're coming into your household. How are you allocating in your mind? Hey, I want to have this cast position of why I want to have real ex. I'd like to have you retirement accounts that are set as I mean, talk us every kind of the mindset of where you've gotten to and how you've gotten there.

Um it's all starts with any dollars that come in. They're accounted for terms of the taxable and retirement accounts first. So I set up a trip with my financial advisor that goes out every month no matter what.

Um it's a pretty sizable number. And then with the retirement plans, but both myself and my life max goes out. So essentially extra dollars that come in for the most part, sit in casserly until I find the but if I don't find an opportunity, i'm not in a rush to deploy IT.

So in terms of that drip, have you been doing that since you started your professional career to that start developing later that .

started to private five years ago, six years ago at this point? Um maybe a little bit more, but it's been it's been growing terms of the number that IT is historically over the past handful of years. So right now, it's up around twelve thousand box a month. So they get dripped into a taxable investment account um and the majority of that actually goes into a um taxloss harvin icon. And the intention mayor is to build some losses that ultimately one day i'll be realized through some of the sales of this realest and or the sale of the business at some point to try to offset some of the state and federal taxes that are likely to be substantial. Things continue to plan.

And he said, you started that basically like five years ago .

terms in the trip. Yeah, but i've been investing since i've been fourteen, fifteen in the stock market in one way or another. So my dad got me into IT really early and I think he did something that was pretty genius with my sister in myself where when we both first started high school, essentially gave us uh uh initiative to do well in school.

And the initiative was when you graduate, you can either have fifteen grand and suck or a car board of fifteen grand. My sister graduated as Victorian, so he shows me up a little bit and took the sock. And then when I graduated with a couple of these, um I got the same thing and also took the stack. So every sense and honestly did have been putting some money in individual socks or funds or rafi rays one back when I could contribute there. Um so there's been there's been money going in the investment since you know I can remember .

and did you I guess how are you when you got the the talk of, hey, you can have fifteen cent stocker or fifty .

thousand of our co.

okay. So you're pretty advanced in studies and age and tea.

which take IT was that's why not present to have an option, one of these two things. So and honestly, I don't think the option of the car was really gonna en the first place. I think he was just A A here to try to do to do good at school with sunshine instead of platinum future.

And so you started investing really early where you always contribute to retirement accounts. I guess when you are going through kind of those colleges in your first jobs .

yeah um always anything I can max out max out there that was I did the. On compound interest long ago and realized that, you know, time is your biggest friend and put them what I could when we are first starting to earn anything with four one case from companies and at least at the match out of know strange, i've only worked at two jobs and forty so my current jobs is my all too real like, you know, out of college jobs. But you know you did retirement account in both of those and roll those over into the now sep era that we have and uh but it's always been .

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want to go through a little exercise if you don't mind, because I think it's really interesting. Do you know when you essentially became a millionaire, you know, had a million dollar worth of real estate? Remember, how do you were when that happened?

The real take side that would just been a year to a couple years ago, okay, maybe .

thirties all IT mil s bought our our .

office building is probably when that happened. Um when we want our obvious building begun. S B A loan on a loan on IT and our banker.

We work with a really small private banker and in chicago gave me a really good piece of advice that having out where he took part of the loan and just give me the interest prime and looked at our books and was like, look, pay this thing down as quickly as you can. I'll gave you a dirt cheap rate and then just keep the S. B, A portion of IT.

So myself and my business father did that. And over a couple of your window, we had like sixty percent of the building pay off and Carry a really low monthly overnight on IT. So it's probably win. That first loan was paid off. Where in realize, I would argue that IT broke, that fresh holder became near that between that and I can do at the time, okay.

And when you in in brigg's was your primary a part of that as well around mid thirties.

late thirties um I guess yeah if you before then but i've never been a big of counting my primary residence as part of my worth at all because they got to live somewhere um okay so it's there. It's definitely A A good sizable number but not my kind of entertain when i'm doing my own okay.

what about when you had IT in you call IT, none tax advantaged accounts, no brokers .

account yeah so that pride in couple years prior. So maybe thirty five o so thirty .

five you hit that. What about in your retirement or tax advantaged accounts that actually .

write just crops like this year? So warm k set and rough combined, it's about a million fifty right now. So I I didn't don't know the exact day, but that have have been this year at some point based on the games in the markets.

So that one took you call that the greater part of two decades and some change. okay. What about, I guess, in the accumulation of cash? You probably been all over the place on that. But when is of that first first chunk? You like a and pretty liquid with a million box close to yeah yeah maybe thirty three.

thirty four based on what we are, sit on a business interest. We've always been pretty heavy there. Uh, and the agenda is just never get stuck in a situation where you need to take out of debt that you don't know what that rates going to be at that date.

So we've always kept a pretty safe cushion there given the nature of our business. Money comes in like. So it's not we we really, really need to hold that kind of cash.

Um it's more of a in case there's a one no momento several moments like when code happened, for example, lot of our clients like the medical space and a lot of shut down the kind of all the night. So the marketing plan nel turned off overnight, so they're billing with us to do overnight. And because we had a little question in there were sized able cushion in there. Safeguard must have let people off and all sorts love things that having a rigger reserve you know, can have to advantages for yeah .

when do you think a collective later you become a millionaire.

even thirty year that point IT all really depends on how you value the business. And when the business we opened, when I was eight, I no idea what the thing was worth honestly, until maybe five years ago or so when we did evaluation and we did another one in twenty, twenty one. And it's kind of where I got the numbers wrong and it's grown from there. So onesta, it's probably a little bit more than than the numbers were given today, but try to be conservative with things that are not liquid or liquid, liquid. And James, that certainly isn't.

Yes, tough sometimes because because the time bullet nature lack there of. And at the of the day, it's really only worth what's somebody gna effectively going to pay you for IT and say, you never know when some of those respects until you actually go to market, run a process or actually get that wire in where I say they never done till the wires in yeah, and even then that just begins.

Yeah, i've been a reading up quite a bit on private equity in the way I D Operates that there will likely buyer of us time so the can figure out what that might look like. It's not something that I kind of look at as a staple of of what we're worth today. Most of what I consider when we're really breaking IT down is on the cash side, the retirement side, the taxi ble investment side, um everything else is just kind of in the background. I know it's there, but because it's so illiquid, ted and I tried to treat a very different yeah.

not fair. I hear on that. So all things considered, if we grab all of the assets and asset classes, I mean, you went from called millionaire thirty years to deck a millionaire before you're forty, it's pretty a remarkable trajectory.

Well, come on, interest.

So on that no I mean, where you hit and forty as big mark in a lot of people's lives, where do you kind of from an outlooks the point where do you want to go from here? What's the plan fifty and beyond?

Yeah it's a big debate. Um so my wife and I had our first kid about eight months ago as you eight months and days ago so and she's pregnant with her second. So I was twins on the way, right? So things have change quite a bit, I think in terms of the thought process there and a little bit more to plan for with the kids.

Goal has always been to be able to very, very comfortable ly not have to earn a living at the age of fifty. So all my planning is about forty nine for my life and fifty for myself being if we choose to just do whatever we want, we can and that's the agenda um but I don't know that's going to work out like i've the fun for me and all this stuff is the competitive nature of IT. I like seeing a wind happen, you know.

So set goals, hidden goals is is fun. And I think that's going to be the struggle when we go from being builders to consumers. So I think about ten years trying to figure out how to a transition to be A A consumer instead of a builder here.

His year lifestyle increased, is is the income and network is increased? Or if you think you state .

pretty steady me, with the exception of travel and probably the house live in and travel for the most part is all like business points. We earn a ton of points to amex and other vendors from just spending a ton of money online and marketing nevertire ing and what. So the travel is definitely much more excessive, but IT doesn't actually cost me much of anything.

And then the house, you know, I never thought that we never house, probably valued in a million and half, maybe a little bit more at this point. You know it's a little bit overkill. But in chicago, it's not no, not have houses like IT is a lot of other places would be exception. I know some of the costs and other places were cost living is very high.

Yeah, absolutely. So let's let's rewind here. You know, you shed light of a little bit on what your childhood was like in a couple of their comments about not really thinking this trajectory was going to be the way you went. But I love to hear just from from you you know up bringing why did you develop an interest or how did you develop an interest and even investing at such an early age yeah how much do you think that's propelled you and to where .

you're at today? Um why is is really my the whales brought up my folks in particular. My dad was A A independent contractor, had his own business but worked by himself, did well in in terms of his earnings, but really made his money based on investing.

And I was always interested in IT, and he would never really share a hole out with me about what was in there. But he would always tell me, like when the market did good. So you would tell me today was a good day because was a bad day because, you know, but that went up some number of points back in whatever was two thousand or ninety ninety eight or whatever.

We have these conversations. And I say he installed the idea of if you put money in the markets and you kind of got no reason to sell IT, as long you're buying good companies and you hold them, things work out pretty well and IT IT helps. And for that really well for them in that regard.

And really the only difference to be my philosopher and they're s is just I had a high income for extended period time, so been able to accelerate IT a little bit more than maybe they were able to. Yeah the way we brought up my mom and money went to pain for all of our things. My dad's money went to pain for taxes and for investing.

And it's kind of work that away with with myself, in my wife, at our house. SHE pays for most of our daily living in expenses. I pay our mortgage and on the kind works out that way. And you always been interested. Father taught me that and just was always naturally gravitated talks that I member he and sit on like and s where he had his spreading sheet on all sorts of all now relic and where track all that stuff. Remember being on uh, vacations with them, where you have to check the paper to see what happen with the Prices. There wasn't internet at that point and he'd always been a good letter of bad would depend what paper said so um that would kind of see how that the day of vacation went and uh more often than that you know you happy when to go so two thousand eight thousand eight ens, with the year he retired and he got middle night, almost panic. Sold, you know, two dozen times thankful SAT on IT kept never touched IT and now I hear stories with him all the time about, uh, go into financial advisers that are trying to change his portfolio and they are like we couldn't do any Better and the only thing he did was buy good companies and never.

ever sell them. Did your sister kind of take liking the same way that you have is just .

a little different out? She's a little bit more, I hope, someone to take care. This for me SHE definite knows the value of IT and they in this, but she's not curious about the day of the market or what companies are are are interesting or good future plays. Why um doubling interest in the growth of the network and those of the money retirement access. But I don't make you have the same level of curiosity when he comes to this stuff.

Do you think some of that is essentially kind of nature versus the nurture? Asg man was curious about family dynamics, especially like when you brought up in the same household and look at this, you know mean, in my siblings know i'm the older of four and my wife, who is the Youngest of six, and how differently like all of us thought, like us like, well, I think IT was the same conversations were all a part of like maybe people are just wired so differently, you know hey, these going to important not import. Any thoughts on that being in that household and how she's sheets value but isn't isn't necessarily wired like you are takes a liking like you do.

I think a lot of us is do with like what parent did you follow? And my mom, for examples to my sister, the teacher shows one up. And so they they are very similar policies and life about a lot of things.

And and again, that gets along great with with myself and my father but he was interested in the entrepreneur stuff and in investing and you know fast war down the road 30两个 carbon coffee and my sister is carbon copy and my mother and I worked out they worked out great together， but they had different strength. So um my sister got a bit more of the nurture and her item and I have a little bit of the archetypal spirit, highly competitive um nature than probably he does. But obviously someone to be said also for just the way you go about life in which are am a big like I mention before, just a big fan, I don't know, but I want to win IT what i'm doing. And this is a thing that you can keep playing even when you're tool to keep playing the sport to use you, right?

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Do you have like a target and work through anything like that? Or passive income goal .

I kicked out around a hundred times and honesty y in my head of numbers ten, which is lower than more, right? So I think at this point, it's a little bit more of a and above sea that number get two about twenty or ten in the nine tangible eartha in the in the fluid stuff, ten in times the retirements and the taxable accounts. A i'd be pretty happy in that environment.

And my financial I was always giving me a hard time like you know you could you're everything's going to be great. great. I think it's to be always wearing away that something is gonna en, which I know Better. And that's probably why we keep a little bigger cash prior than we need. But uh, if you know yourself, you can you can, uh, you know, play your weaknesses and like your strings time to a little more.

absolutely. So at this point, with kind of the buckets that you all that you have, you look IT tude a little bit earlier, basically making sure your broken age and you you ve got that drip on and what not. But i'm curious from the business standpoint of how much you decide to kind of peel off verses, you know, between you, your partner verses sting back into the business for for growth of such one of your largest or the largest asset that you have.

So we've always agreed to keep a certain dollar figure in there more than anything else. And then we reevaluate the dollar figure and that kind of the cash element to but you know, when we do we talk about like distributions versus keeping money in for rainy day, typically will do distributions of about sixty percent or so. Leave the remainder in the account in case it's is needed.

Knowing that a cash cost is unlikely, but that IT could happen in the nature of our business is one that doesn't require a lot of like new capital allocations. So it's very rare that we need to buy something that's extremely expensive that would be no a one time, then clients will hire us to do the marketing for them. And in as such, were being paid by typically on a monthly basis, allocating percentages of the dollars.

The best with us to appropriate platforms. There's not a need for like large, large capital allocation with the exception of. When we bought like the office building, for example, and that end up being a ton cheaper, then rent would have been in hindi.

So really good thing. And but keeping money there is also partially just for the psychology of myself, my business father, very different when you come to the way that we manage our own finances. So we ever to get the situation where it's awkward for one of us are the other based on someone being unable to come up with IT or or not if we need to never do a cash call. So leaving IT there, I think save some potential fights and make sure that we are feel comfortable what we can do and never limits us or uh, the future explosion yeah.

absolutely. So you in terms of growth, like you just say, taking on more clients than a hire people to to to help with the basically, you don't have a lot of capital outlet, the kind for growth anyway.

Yeah, if anything we do is pretty small. We are talking about like trade joes, largest trade joes going to be ten, fifteen thousand box, 没有 convenes for employees。 Ff, like year, but all let's plan for. When we're looking at allocations thread.

i'm always curious talking to you know in treatment urs in particular that have such a large swap in their you know business, you've taken an approach of going out and in developing investments in the market, which is feel like a little bit contrary. A lot of people typically do that, that I see that business owners, do you think some of that had to do with the way you were brought up versus kind of, hey, maybe if I didn't have that stock exposure at such Young age that I wouldn't feels comfortable or maybe I wouldn't want to invest in the market and I would choose other routes, maybe private equity or real estate more than you have or whatever.

Yeah, I would say that the the investing was the first comfort zone, right? So because of that is and i've seen IT grow, so I want to continue for IT to grow instead of realizing that business grows much faster. Red, so I should put all my eggs in that basket.

I realistically, that would sound like a smart thing to do, but I would lose sleep at night. So you know the business is the most lucrative, but it's also theoretically the most volatile. We could have a day or a week or a year or things like hayward for a variety reasons.

And the market, yeah, I can do the same, but one hundred percent of the time ever gone bound, it's gone back up. And that can't be the same can be said for businesses that go down, they don't always go back up. So it's kind of the diversity will we have is more of a safe, deeply and IT probably cuts out the high end of what the network could be. But same token, it's it's worked out well for me so much. Yeah.

well, you've got you've got enough offence going from that business and play enough defense for sure if you want to even call that the market. I mean, it's you know and obviously, it's worked out and at the end of the day, you know you're sleep and well and lifestyle le is great and that you in a lot of cases, but what matters the most yeah yeah.

otherwise it's all work well.

let's wrap up with some rapid fire questions. Let's the most expense shoes or pantages you very purchased.

uh, shoes. I have some fair gams that I bought back at a time four years ago. They create four ange of books and maybe a pair of Jordan somewhere the same bullhead.

K, what about the most expensive meal out that you pay for?

Most passive meal out was my dinner meal that my wife actually paid for, but were married. So money the same. Uh, we went to olenia in chicago, and in chicago, people who know what that is and IT had to be twelve alleged more not sure what the total tab came to be because you pay for IT, but we got out a quite a few pretty nice thing or .

so you all have separate finances and pay for things differently that way or .

yeah not not for any kind of good reason and a is doing of those things. And since we got married, we just didn't merge a ton of bit. Um when my wife used to have a house and he sold that couple years ago and when he sold that, we we reinvested the proceeds of that into an account a joint account is a high yield save account, the banger so that's joint but he has some kind of small checking and savings and her own um and then some of these other accounts are still in my name but no good reason for IT just uh laines OK.

What about the most expensive car vehicle or anything with a motor in IT?

Both cars we every now we definitely constitute that. And I bought a tesla s in twenty sixteen. I was prying ninety at the time after I was loaded up and then my wife and I when SHE uh we found out that he was pregnant SHE used to be driving twenty twelve four escape that was brought on a rebuilt title so he was time for an upgrade for the um safety our future child. So about a volvo x ninety three hard recently was driven to .

two thousand twelve worth several million dollars. Tell you.

decide as a kid, it's razer.

What's A Q S, in that you learn from childhood?

A well, be competitive, have a desire. Red to win. Winning does a lot to the party.

aweh. What about the most expensive trip or experience that you've paid for?

I got a, so I don't know, this is the most expensive, have got to be up there. We had disgusting back from a trip to norway, and we were at a charity auction in chicago, where I hadn't been in this particularly charity auction before. And I I was kind of expecting the auction items to be cheap, little sign member bila, couple hundred, five things.

And the lasting up for item for auction, rather, was a trip to the willa off of an island in bali called suma island. And IT sounded pretty cool. And the first bid went up in the number that I thought was like too cheap. So I you don't bit a bigger number and then no one bit over the top of me.

So the the villa itself, we did at the charity thing, there was a ten thousand dollar villa for the five days and then the affair out there and the rest of the Price, look at twenty five to get out there, have a good time come back. And also coincided with we've both ago the week of coped and then when when when indonesia finally opened back up, where was just hard to go as the other side of world, you know. So about last year in june when my wife was like six months prison or so SHE was like, we going to use this.

And I was like, trit or books tickets right now. And that's what we did. So that's where we had on a little baby moon.

And SHE was about as president, as you can be, to fly international flight where they will legally let you. So without great, that was awesome. Awesome place when I was. Is ever curious about somewhere to go soon by island and bali?

That's awesome. On a scale of one to ten, how much would you say you love your profession at half .

the industry stuff? The clients are really tough to deal and you got up super fix skin. But um the thing about most about IT is helping business owners achieve their goals and subsequent helps us with hours. Uh over the years, i've really started to enjoy dealing with billing wrong word um kind of helping employees of our mature and grow and build careers out of something that didn't use to exist, which is pretty cool ah so a lot of the job joy comes from you know seeing clients have great, great outcomes as well as having ah our employees have you know good joy and power and seeing them grow up as we go.

okay. What's the most fun that you ve ever had with money?

Travel for sure? I mean, we've been donegan was awesome. We did a trip to norway and then to italy, and we were in potanin on the fourth of july.

We did a trip degrees for a couple few years back. I mean traveling definitely um and then maybe we got the house next door only imagine a little bit earlier. Uh and in buying IT, it's it's a kind of a run down three flat and the goals gonna to turn down have a yard. So that might that might take the crown is fun money, not necessary, the best investment, but something that's good for the family and good for the future and .

good for the kids. Are there any particular luxuries that, that you've indulged in as you've gotten .

into larger comes and more wealth? Things in house about a really expensive outdoor television. We have an outdoor like pergolas area set up that would rival most resorts.

So things to all those lines, but not like I haven't bought me thing that kind of nonsense cle that just, you know, threw my rest or whatever my way for our wedding bought me my dream watch, and that's the only one I got. So he bought a penner eye love IT. And on that guess for her is pretty about .

IT any indulgence for the baby.

He has a nursery that belonging and architecture digges. But honestly, you lot and a lot of, you know, we do a lot of stuff here internally. And you know, I like bilging and doing things, not just pay something else to do IT.

Most of her stuff have me down because word like the last group in our friend group to have kids. So when everyone found out that we were prevent with a girl, we got you know countless close and all sorts of stuff. But she's got pretty no m dw down ders. She's the the instagram y maxi plus for her future life .

is awesome. Uh, what's the time you very waste money on domestic?

Ever wasted money, small around money, wasted that guess in the hindside blood I drove around for, i've got to be three years with a cable box in my trunk that I was getting to charge ten box amount forth that I didn't turn IT in, even though I passed the place I can turn IT in on your times. And then one day was in my wife somewhere, he was like, when you turn that thing thing and like, guy surprised you do that right now. I went, took me two seconds IT. Was that by three years at ten testing box, months of good math.

then you drove around through and you check all time.

I was just in my trunk, thinking back. And just like.

drop off U P, S for something very exciting store.

literally like a mile. And after my house and I passed IT when I go to work or when i'm going in places, wow, three, four, do we? So what's .

something that you ve spent a lot of money on or wait .

too much money? I mean, that's what we spent a lot. I don't regret that at all, and I think you will be great in the future. Totally on the syrian investment.

overpaid for IT don't cool. What's the crazy thing that you very done to earn money?

I used to sell. I used to work with all my good friends. That was actually pretty awesome. We used to work the a merchandizing booth at a large concert hall all in the middle st.

There's a few places that we would go, and we will be working from like five or six in the morning until five or six in the morning the next day, dealing with all sorts of interesting characters, basically selling t shirts for cash, spelling glow six in the giant mobs of people and dave Matthews and asset concerts and all that kind of stuff, and certain concerts, you end up with hf, a million box and cash in a box, all guarded by so fifty five year old man with a nine millimeter. And they would pay a couple hundred months at the end of, at the end of the night. And you felt pretty good about IT accept we accept the part where you saw him to take couple hundred box out of the giant box.

You like that. I like IT for help you generate all that, but long hours, but but good time. But that are my first job, first jobs with my dad. I worked with him doing the construction. Clean up is ground for the age of eight, until will still mouth, if you need some .

done .

me 有 别人 给你 了。

How do you think your dad was that became a millionaire？

That's a great question, and god never answered IT for me but if I had to guess he retired a few years early so my guess is proudly early forty, forty one, forty two that's .

what's a closely help belief that you want to that recently change .

your mind on um cause I believe I ve recently changed my mind done uh I don't know how you do you come on this is a belief but I used over plan a bit and i'm over IT over planning leaves lack of action and actions what makes everything happen when I look back at the things that you didn't do, that you regret, they came from over thinking and underdoing. So, you know, investing when I should have been more in, oh, you know, over analyze why we shouldn't at work all the time, people over analyzing and over building these models and like, what's the point of all this research if there's no action that comes from IT? So, you know, change the mentality of, you know, ready fire aim now instead of ready aim A M A M M, aim amin, and maybe one day .

you'll take a brush t some in any last .

pieces of advice for somebody. You start journey, put, learn, you know, it's place mark games. I mean, getting rich quick, not going happen.

And i'm just a big plan of put money in. Ask if five hundred fun, B, O, O, close, arise, wake up. Thirty years later, you will .

be pretty happy month for a alf.

Thanks for your listening to the millionaire unveiled podcast with jay matteson. For more stories, investment opportunities and information, check out our website millionaire unveiled that. Come see you next time when you'll hear from another everyday millionaire.