Millionaires Unveiled

343: Net Worth of $1.0M+ - A Corporate America Drop Out to Philanthropist


Listen Later

Summary

Jerome Myers, a corporate America dropout, has a net worth of $1.0+ million. He has an old 401k and some other market investments but is primarily in real estate now. He shares his journey of leaving his job and starting a successful real estate business. He discusses the challenges and lessons he learned along the way, including the importance of having a stable income and the risks of being too aggressive in real estate.

Jerome also shares his goals of reaching a net worth of $10 million and giving back through education and supporting teen moms. He emphasizes the value of creating experiences and spending money on what truly matters, rather than trying to impress others. Overall, Jerome's story is one of perseverance, growth, and the pursuit of work optional lifestyle.

Takeaways

-Leaving corporate America and starting a real estate business can be a challenging transition, but with proper planning and a stable income, it can lead to success. -Being too aggressive in real estate can be risky, and it's important to have a long-term perspective and the ability to ride out market downturns. -Setting financial goals, such as reaching a net worth of $10 million, can provide motivation and a sense of purpose in building wealth. -Giving back and supporting causes that are important to you can bring fulfillment and make a positive impact on the world. -Spending money on experiences and creating memories with loved ones is often more valuable than material possessions or trying to impress others.

Sponsored by: 

Shopify

www.shopify.com/unveiled for your exclusive deal

...more
View all episodesView all episodes
Download on the App Store

Millionaires UnveiledBy Jace Mattinson, CPA

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

874 ratings


More shows like Millionaires Unveiled

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,170 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

778 Listeners

Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,654 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,983 Listeners

Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,526 Listeners

Marriage Kids and Money: Personal Finance for Families by Andy Hill

Marriage Kids and Money: Personal Finance for Families

590 Listeners

ChooseFI by ChooseFI

ChooseFI

5,088 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

600 Listeners

The Financial Samurai Podcast by Sam Dogen: Financial Samurai founder, personal finance blogger

The Financial Samurai Podcast

561 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,054 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

435 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

345 Listeners

All the Hacks with Chris Hutchins by Chris Hutchins

All the Hacks with Chris Hutchins

1,586 Listeners

Mile High FI Podcast by Doug Cunnington & Carl Jensen

Mile High FI Podcast

184 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

328 Listeners