This week on the show we have Matt Aulsbrook. Matt started his first insurance agency in 2009 when an entrepreneurship class in his MBA program sparked his interest in business ownership.   This taught him how to be lean with a startup as he bought a duplex and rented the other side to keep a low overhead.  He still ran out of money, as many small businesses do, but his dad bailed him out with additional funding saving the agency from closing.  Matt was able to pay his dad back and worked up to owning five agencies.  The insurance businesses funded law school.  He became an absentee owner in the agencies in 2014 and started law school. 

He graduated law school in 2017 and got his bar card in 2018.  He has since sold all except for one small agency.  The money from the sale of the businesses has allowed him to pay off all debt excluding real estate.  Now his primary focus is growing his personal injury firm in Arlington, TX. 

6:23 Addiction and recovery 16:33 The power of gratitude 22:06 Long-term goal shifts from COVID-19 Jim’s Hack: Setup a good morning routine. It gets your mind in the right place to start the day.

Tyson’s Tip: Reevaluate what you do every day that wastes your time. For Tyson, it was upgrading an old scanner. Matt’s Tip: Take a listen to Bill Umansky’s new podcast “The Lawman’s Lounge”.

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