Investing in Texas Podcast

On this episode of The Investing in Texas Podcast, Justin is joined by guest Jaron Matheson. Justin and Jaron discuss the thriving business scene in Texas, how networking and patience is vital for your business growth and the impact that finding a visionary and an integrator team is for your business. Jason speaks about setting up a business with his wife and both their parents whilst also working a full-time job. Jason also shares what his plans for the next 10 years are and speaks about how he is using a daily video blog to track his progress as well as using it as a reflection tool for his business. 

HIGHLIGHTS:

0:00 – Intro
 0:55 – Justin shares a brief introduction to his guest Jaron Matheson
 1:56 – Jaron speaks about the business he is currently running and explains why he originally moved to Texas
3:06 – Justin shares how he and Jaron first met
4:05 – Jaron talks about how he built a business with his wife and both their parents whilst also working a full-time job
 6:35 – Jaron speaks about being an integrator and how your business can really excel when you find a visionary
 7:49 – Jaron mentions how he does a daily video blog so that he can keep track of his progress and how he also uses these videos for reflection with the aim of improving his business
 11:28 – Jaron talks about the main reasons he stayed in Texas and didn’t run his business from Florida
 12:03 – Jaron mentions how the business scene in Texas is incredible
15:00 – Jaron states that patience is everything
16:10 – Jaron shares his plans and what he hopes the next 10 years will look like for him
16:30 – Jaron speaks about a new app investment of his and how it came about
17:44 – Justin asks Jaron what he would buy if he had a 10x budget right now
18:40 – Jaron advises you to network as much as you can and seek time around people whose values are aligned with yours and focus on building your inner circle
20:37 – If you’re interested in learning more about what Jaron is working on send an email to [email protected]
20:50 – If you want to be a part of the club head to http://investingintexaspodcast.com and sign up to the legacy club 

On this episode of The Investing In Texas podcast, Justin is joined by guest former NFL player and the man behind The Arrival Cigars, Ken Hamlin. Justin and Ken discuss what lead Ken into the Cigar business, what he envisions for the brand in the future beyond just cigars, as well as his journey into educating himself about the whole process of making and selling cigars.

HIGHLIGHTS:

0:00 – Intro
 0:56 – Justin shares a brief introduction to this episode guest, Ken Hamlin
 2:21 – Ken talks about his cigars and gives a brief history of what lead him to the point of
 making his own cigar, The Arrival
4:34 – Ken discusses how many different types of people you can come across in a cigar lounge, who are all pulled together by one common bond, and you just never know what relationship could be formed next
6:13 – The name came from Ken’s desire to make his presence known and making an impression
7:07 – Ken sees The Arrival having many different arms to branch out to, and he sees it as more than just a cigar brand
8:06 – Ken speaks about a potential venue being one of the branches, somewhere where you can feel the vibe and you can say I have arrived, as well as some clothing which helps you have that vibe too
10:51 – It was a coincidence that Ken ended up in Texas
12:16 – The feeling of being at home is what attracted Ken to Texas, the energy stuck with him from the very beginning
15:09 – Being in the markets of Texas and Seattle, the difference was massive, especially in the housing market
16:30 – Ken talks about the numbers looking like the market will grow 3-5% over the next two or three years, as well as how he has seen some growth in smoking lounges and cigar smoking, particularly in women
19:04 – being at different events locally and nationally, there’s a much bigger mix with more younger guys and women getting involved, with women having a pallet which can pick tastes up quicker than the men
21:26 – Justin asks Ken to talk about some of the obstacles he has had to overcome over the last couple of years
23:27 – Justin’s learning is a big piece of what made him feel like he could do it, as he wanted to get a full grasp of what the business is about and start at the beginning
25:28 – Ken goes through what his 3, 5 and 10 year goals are for the brand
27:03 – Ken looks at the quality and the neat lines Davidoff have in the cigar worlds and wants that level of high-end 
28:10 – Ken tells Justin that if he had a 10x budget today, he’d spend it on a team, and from there, research to make sure they were on the right track 
29:26 – The website is arrivalcigars.com, Instagram is @arrivalcigars and you can also find Arrival Cigars and Ken Hamlin on Facebook too.

On this episode of The Investing In Texas Podcast, Justin is joined by guest Rodney Smith. Justin and Rodney discuss a series of interesting topics and really dive deep into the importance of a good group of people around you and how impactful your team can be. Rodney speaks about being and opportunist and staying optimistic and Justin expresses how it is so essential that you stay open to letting things happen when they happen and learn to roll with the ball so that you can live life to its fullest and get the most from your career and businesses. 

 HIGHLIGHTS:

0:00 – Intro
 0:55 – Justin shares a brief introduction to this episode guest, Rodney Smith
 2:02 – Rodney explains his career and how he always aim to fill any gap with an opportunity
 3:55 – Justin mentions how Rodney is at 12,000 members within his whiskey group
 4:35 – Rodney explains how he got into bourbon and how he has scaled his business and where he plans to take his business over the next few years
 6:08 – Rodney talks about being a Leo and being a natural leader
8:10 – Rodney expresses how the market was what drew him to run his business from Texas
11:14 – Rodney speaks about the talent pool in Texas and all of the business opportunities that are available in Texas
12:39 – Justin encourages you to read the book ‘Blue Ocean Strategy’ if you haven’t already
13:07 – Justin mentions how you could go 100 years and never compete with the bigger company in Dallas
14:11 – Rodney states that he will always strive for opportunity and will continue to be optimistic in general about everything and shares his admiration for the loyalty in Texas
17:39 – Rodney speaks about the importance having the right people around you is and how much of an impact it can have on your business
20:30 – Justin asks Rodney about how where he sees himself and his bourbon company going within the next 5/10 years
21:40 – Justin states that being an opportunist is phenomenal but the reality is that you have to open to whatever happens when it happens in order to experience life and business to its fullest potential
22:33 – Rodney shares how they plan to release a second expression whiskey in November and also how they aim to do a rum, wine and tequila in the future
23:13 – Justin asks Rodney the question, ‘if you had a 10x budget today what would you spend it on’ to which Rodney replies ‘the right marketing team’
23:50 – Rodney shares what challenges he expects or has experienced already within his market 

On this episode of the Investing in Texas podcast, Justin talks us through some of the strategies and resources he used and recommends to get started leveraging credit for real estate investing and starting a business. Not only does Justin give you some of the winning strategies he’s used over the years, he also offers up some cautionary tales of what not to do. Justin also gives us some insight into what we can expect coming up in future podcasts.

On this episode of The Investing in Texas Podcast, Justin is joined by guest Monique Je’ CEO. On the last episode of this tax series, Justin and Monique Je’ discuss how to structure your entity for tax purposes. Monique Je’ shares her best advice about how to make intelligent decisions when it comes to our taxes and tax liability. Justin and Monique Je’ also speak about how investing is a team sport and you should always get information form 2-3 different sources before making any decisions.

On this episode of the Investing In Texas Podcast, Justin is joined by guest Dejorian Moore. Justin and Dejorian discuss all things tax! Dejorian speaks about IRS trouble and shares his best tips and advice on how to get out of it and stay out of it. Justin and Dejorian mention how you don’t have to make a lot of money to find yourself having a tax problem. Dejorian also shares some personal stories from over the years within his career where he has helped people get out of IRS problems. Make sure you tune into the next episode where Justin will be discussing all things business structure!

On this episode of the Investing In Texas Podcast, Justin is joined by guest Grant Dougherty. Justin and Grant discuss taxes within real estate and how high income earner can transition into the lower tax bracket using by investing in real estate. Grant shares how depreciation is the golden ticket of real estate and how turning your earned income into passive income can start to create your own legacy! 

On this episode of the Investing In Texas Podcast, Justin is joined by guest Grant Dougherty. Justin and Grant discuss all things related to hiring your child. The advantages, how to do it, when to do it and so much more. Grant shares his best advice on how you can begin creating generational wealth and receiving tax credits!1

On this episode of the Investing In Texas Podcast, Justin is joined by Grant Dougherty. Justin and Grant discuss the differences between the roles of CPAs and enrolled agents, how to reduce your taxable income and Grants ‘hire your child’ strategy. Grant also debunks some common misunderstandings and explains how tax reductions are just glorified discounts.

On this episode of the Investing In Texas Podcast, Justin shares his best tips and advice for hiring and investing in a good talent pool of professionals for your team. Justin discusses all the subject areas around this topic and all the types of professionals you will need as a investor and explains the best ways to get the best people in your team!