4.8 • 872 Ratings
🗓️ 6 July 2021
⏱️ 52 minutes
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Brian is a small business owner and CEO of his current company, GreenPal, a lawn mowing technology company. He has a net worth of 4M, most of which (3M) is invested in single family real estate which cash flows over 150K annually. He also has 300K invested in total stock market funds as well. Brian shares thoughts on growing his business with no debt, allocating money back into his business, and buying and holding real estate.
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0:00.0 | And he says to me, well first off, congratulations, you're now a millionaire and let me tell you something. |
0:08.0 | It's easier to make a million dollars than it is to hold on to a million dollars. He says there's going to be |
0:14.4 | a lot of people pitching you investment ideas and you're just going to be a lot of things |
0:18.0 | you think you're going to want to do with this money and so on, but know that it's harder to keep it than it was to make it and that really just stuck with me |
0:26.0 | and that's one of the things almost scared me to a degree just to just to invest it is |
0:30.3 | securely and non sexy in a non sexy way as I could get a good rate of return and then move forward and that |
0:37.8 | way you know like I know that I never have to pick up a wheat eater again. |
0:42.4 | You know I spent 10 years literally like calluses |
0:45.1 | on my hands, mowing grass, you know, and I didn't want to go back to that. And so for me that has |
0:50.5 | like informed my investment strategy of okay this is solid you know |
0:54.4 | it's gonna be here 10 20 30 years from now it's gonna grow at a certain rate of |
0:57.7 | return maybe more but nevertheless and that's formed my approach. |
1:02.0 | You're listening to the million And that's formed my approach. |
1:06.0 | You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and interviews of everyday millionaires. |
1:11.0 | We'll unveil their decisions, their strategies, and their current portfolio |
1:17.0 | allocation. Now to your hosts, Clark Sheffield |
1:23.0 | Sheffield and Jace Mattson. |
1:26.0 | Alright, welcome back to another episode of the Millionaires Unvealed Podcast |
1:30.0 | episode 193. |
1:32.0 | Jace, what's going on? How are you? episode 193. |
1:33.0 | Jase, what's going on? |
1:34.3 | How are you? |
... |
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