Payback Time

Payback Time

By Sean TepperBusiness
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Payback Time episodes

  • S3E19 - Robin Binkley - Generating over $5K/month in passive income with real estate

    Robin Binkley - Generating over $5K/month in passive income with real estate.

    My next guest recently retired from her career in healthcare, to focus on real estate investing full-time. She and her husband put together a plan to leave their full-time jobs and now they are well on their way to achieving financial independence. In this episode, we talk about who you should network with, how to create a plan, how to execute the plan, and deep dive into the numbers in their business model. Please welcome Robin Binkley.


    Key Timecodes

    • (00:43) - Show intro and background history
    • (01:47) - Deeper into her background and investing path
    • (04:20) - Understanding her business model
    • (06:11) - Deeper into her real estate business and numbers
    • (08:14) - How she transitioned from her career to that passive income business
    • (10:45) - How she handles unexpected costs, and how much is her revenue today
    • (12:30) - Is she full-time with that business today?
    • (14:07) - The importance of a people and relationship mindset
    • (15:49) - How to overcome the fear of the first step
    • (17:56) - How other investors can join her business
    • (19:12) - How to balance education and action to succeed in that business
    • (21:22) - Building a team based on confidence
    • (21:51) - A key lesson learned in her journey
    • (24:36) - The importance of a good CPA advisor to help with the taxes on that business model
    • (26:15) - One key action the listener can take today!
    • (31:23) - The worst advice she ever received
    • (33:26) - The best advice she ever received
    • (39:32) - Guest contacts
    • Payback Time Podcast

      Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

      42 min
    • S3E18 - Hemant Varshney - How to scale B2C E-commerce and SaaS

      Hemant Varshney - How to scale B2C E-commerce and SaaS.

      If you’re starting or growing an Ecommerce or SaaS business, this episode is packed with a ton of great takeaways. My next guest has worked for previous companies including American Express and The Street with Jim Cramer. Today he runs an agency with over 40 employees that focus on scaling B2C brands. In this episode, we talk about minimum Facebook ad spend to achieve the best results, how to optimize Youtube ads, and what software platforms and systems he uses to build his own company. Please welcome Hemant Varshney.

      Key Timecodes
      • (00:51) - Show intro and background history
      • (01:46) - Deeper into his background and business path
      • (03:40) - Understanding his business model
      • (06:03) - How he helps other businesses to grow
      • (07:41) - Deeper into his business model
      • (08:46) - How big is his team
      • (10:40) - A bit about his clients and numbers
      • (12:38) - What social media platforms does his business focus on?
      • (15:44) - Deeper into his approach to video content
      • (16:21) - How many seconds does an ad have to get user attention?
      • (16:55) - What type of business and customers is your company focused on
      • (18:42) - What's it like working with Jim Cramer?
      • (19:34) - Which of your products generates the most revenue?
      • (21:06) - Deeper into how your business works and the client-focused philosophy
      • (22:21) - How many clients does each team handle
      • (23:56) - A key lesson learned in his journey
      • (25:09) - The biggest wins he had
      • (25:55) - Is his team based only in the US or overseas?
      • (26:42) - What are the essential tools to run his business model
      • (28:58) - What about his revenues
      • (29:23) - Collaboration and transparency as foundations of the business
      • (31:41) - A key takeaway from the guest!
      • (32:40) - Rapid Fire round (personal questions)
      • (34:09) - The worst advice he ever received
      • (34:39) - The best advice he ever received
      • (35:25) - Guest contacts
      • Payback Time Podcast

        Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.


        37 min
      • S3E17 - Fred Moskowitz - How to generate monthly passive income with mortgage notes

        Fred Moskowitz - How to generate monthly passive income with mortgage notes.

        My next guest left his job as a software engineer, mainly because he didn’t have control over his income and he was trading his time for a paycheck. He decided to transition to a career where he was able to generate passive income through mortgage notes. In this episode, we talk about how beginner investors can buy notes, what type of monthly income you can expect, and how to reduce risk so you don’t buy junk mortgage products like what occurred in 2008. Please welcome Fred Moskowitz.

        Key Timecodes

        • (00:47) - Show intro and background history.
        • (02:55) - Deeper into his background and business path.
        • (05:43) - Understanding his business model.
        • (08:43) - Deeper into his expected returns and risk options.
        • (11:07) - When is expected to receive the interest.
        • (12:18) - How to buy that notes?
        • (15:07) - His educational approach.
        • (16:40) - How much does he recommend to start investing?
        • (18:43) - The red flags to run away from junkie bonds.
        • (20:38) - Why beginners should avoid high-risk investments.
        • (21:22) - Where he used to buy his notes?
        • (23:21) - Deeper into his journey and philosophy as an investor.
        • (26:45) - Why invest in mortgage notes?
        • (28:47) - The importance of a good network.
        • (30:12) - One key takeaway for the listeners.
        • (33:49) - The worst advice he ever received.   
        •  (35:38) - The best advice he ever received.
        • (37:30) - A bit about his book and guest contacts.
        • Payback Time Podcast

          Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

          40 min
        • S3E16 - Alexander Harmsen - Macro vs Micro investing

          Alexander Harmsen - Macro vs Micro investing.

          My next guest is an entrepreneur and investor who built a platform that helps investors monitor their own portfolios. In this episode, we talk about his investing strategy, why he believes it produces better results, and what actions investors can take today. Please welcome Alexander Harmsen

          Key Timecodes
          • (00:35) - Show intro and background history
          • (02:58) - Deeper into his background and business path
          • (04:04) - Understanding his business model
          • (07:22) - His philosophy about the macro market perspective
          • (09:09) - The differences between investing with a micro and macro-focused philosophy
          • (14:30) - How he evaluates the market in his macro approach
          • (20:42) - How he navigate safely in the bear markets
          • (23:05) - Deeper into his numbers
          • (27:43) - The importance of having a focused portfolio
          • (28:42) - Deeper into his software and how it can help investors
          • (33:03) - One key takeaway for the listeners
          • (35:35) - Guest company website address
          • (38:29) - The worst advice he ever received
          • (39:58) - The best advice he ever received
          • (43:24) - Farewells and ending of the show
          • Payback Time Podcast

            Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.


            45 min
          • S3E15 - Eric Melchor - Growing an e-commerce business to 30,000 users

            Eric Melchor - Growing an e-commerce business to 30,000 users.

            Do you have an e-commerce business and want to learn how to increase leads and convert more leads into paying customers? My next guest is the Partnerships & Personalization Ambassador at OptiMonk, a SaaS platform for e-commerce entrepreneurs. In today’s episode, we talk about how the company was built, the problems it solves, the number of customers they have, how much they charge, and key actions e-commerce entrepreneurs can do today to grow their brand. Please welcome Eric Melchor.

            Key Timecodes
            • (00:49) - Show intro and background history
            • (01:48) - Deeper into his background and business path
            • (02:08) - Understanding his SaaS business model
            • (05:27) - The interaction of his SaaS business with other platforms
            • (06:26) - How OptiMonk can help other business
            • (08:25) - A bit about the personalization options of the platform
            • (10:06) - What is the unique thing that makes the platform stand out from the others?
            • (11:44) - Deeper into his path, building that business
            • (13:02) - Does the business have some profit-sharing model with the early employees?
            • (14:03) - Deeper into the numbers
            • (16:58) - One key takeaway for the listeners
            • (18:40) - A lesson learned or mistake made during the transition between the corporate and entrepreneurship world
            • (22:15) - A message from the guest
            • (23:34) - The worst advice he ever received
            • (24:12) - The best advice he ever received
            • (25:30) - Guest contacts
            • Payback Time Podcast

              Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

              27 min
            • S3E14 - Colin Hirdman - How to fund a startup without investors

              Colin Hirdman - How to fund a startup without investors.

              Less than 1% of startups are able to raise venture capital. If you’re starting a SaaS business and need funding, there are creative ways to move forward. My next guest is a serial entrepreneur who built multiple companies because he first focused on building a well-operated service business. In this episode, he talks about his many business failures as well as a few of his success stories. Please welcome Colin Hirdman.

              Key Timecodes
              • (00:42) - Show intro and background history.
              • (01:34) - What was his first business
              • (02:08) - Deeper into his background and business path
              • (04:06) - The wins and losses of his SaaS products
              • (10:12) - Understanding his digital agency model
              • (13:04) - The engineering team is based in the US or globally?
              • (13:18) - How can startups raise funds on that model
              • (14:46) - Deeper into his SaaS products
              • (19:15) - The challenges of running SaaS businesses
              • (20:07) - More details about his SaaS model
              • (20:59) - Is this service monetized?
              • (21:54) - How to offer solutions to the SaaS customers
              • (26:18) - How to find a sweet spot of scale and features in that business model.
              • (28:00) - The importance of keeping the focus of the service as a client pain solver
              • (30:48) - A key takeaway that the audience can apply today
              • (34:30) - The worst advice he ever received
              • (35:00) - The best advice he ever received
              • (36:19) - Guest contacts
              • Payback Time Podcast

                Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.


                39 min
              • S3E13 - Sandy Pollack - Don’t leave a mess with your finances!

                Sandy Pollack - Don’t leave a mess with your finances!

                A lot of people are focused on building their wealth but what do you do to protect your wealth for yourself and future generations? My next guest is a financial planner and author who places a high emphasis on estate and financial security planning. In this episode, she shares some of the biggest mistakes people make when creating a will or planning their estate. In fact, she shares a specific story where a couple handed down $100M to their children and grandchildren but it turned into a bit of a nightmare. If you plan on handing down your wealth to future generations, this episode is for you. Please welcome Sandy Pollack.

                Key Timecodes
                • (00:56) - Show intro and background history.
                • (01:46) - Deeper into her background and business model
                • (03:03) - The differences between building wealth and managing wealth
                • (06:58) - Deeper into her philosophy and how to deal with emotions on investing
                • (11:59) - Some examples of mistakes people made after building their wealth
                • (17:21) - The importance of signing a will early to ensure a family's wealth security
                • (25:57) - A key takeaway that the audience can apply today
                • (30:33) - The worst advice he ever received
                • (30:46) - The best advice he ever received
                • Payback Time Podcast

                  Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.


                  34 min
                • S3E12 - Dave Wolcott - How to reduce taxes by 100% through private equity investing

                  Dave Wolcott - How to reduce taxes by 100% through private equity investing.

                  My next guest started his career by serving the US as a Captain in the Marine Corps. In 2000 he and his wife brought triplets into the world which inspired him to challenge traditional financial planning advice. Today, he is an author, podcast host, and the Founder and CEO of Pantheon Investments, a private equity firm that helps investors create passive income and save money on taxes through investments in real estate and alternative assets. Please welcome Dave Wolcott.

                  Key Timecodes
                  • (00:46) - Show intro and background history.
                  • (02:02) - Deeper into his background and business model
                  • (06:10) - Understanding his oil and gas investment model
                  • (07:24) - The expected returns of this oil and gas fund
                  • (08:14) - What is the minimum investment to get into this business model?
                  • (08:33) - What other types of assets does he invest in to diversify
                  • (12:45) - Deeper into his investing strategies
                  • (14:24) - Understanding his philosophy considering Maslow's hierarchy of needs
                  • (16:20) - More about the returns at his model
                  • (17:16) - A bit about his real estate strategies
                  • (18:44) - The importance of creating a residual recurrent cash flow
                  • (22:50) - Where are his properties located?
                  • (23:58) - What classes of real estate does he invest in
                  • (26:17) - What are his thoughts about risk
                  • (28:07) - How big is his team
                  • (30:01) - The importance of having a positive mindset to succeed as an investor or entrepreneur
                  • (32:39) - His thoughts on a big mistake he made
                  • (33:59) - A key takeaway that the audience can apply today
                  • (40:00) - The worst advice he ever received
                  • (40:16) - The best advice he ever received
                  • (41:24) - Guest contacts
                  • Payback Time Podcast

                    Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.


                    43 min
                  • S3E11 - Matt Hansen - How to turn $50K into $100K in 2 years

                    Matt Hansen - How to turn $50K into $100K in 2 years. 

                    My next guest retired from the corporate world in his mid-50s by investing in real estate. As he says on the podcast, he could have retired in his 30s if he started in real estate in his 20s. Today he manages a real estate portfolio of 2,000+ units which is available for both accredited and non-accredited investors. His specialty is short-term deals where, in some cases, investors have turned $50K into $100K in about 2 years. If you have a steady paycheck and are already investing in the stock market, you are well on your way to building wealth. Now, if you want to complement your stock investing strategy by generating passive income through real estate, this episode is for you. Please welcome Matt Hansen. 

                    Key Timecodes

                    •  (01:02) - Show intro and background history. 
                    • (02:02) - Deeper into his background and real estate business
                    • (04:08) - Understanding his strategies
                    •  (06:06) - The different approaches to working with real estate 
                    • (08:16) - What are his preferred real estate sizes and locations 
                    • (09:58) - How much time and effort is required to renovate the units?
                    • (11:41) - The advantages of investing in real estate 
                    • (13:07) - What are the return expectations for investors 
                    • (15:39) - What is the minimum investment? 
                    • (16:39) - What are the funding sources? 
                    • (18:01) - The "renovate to sell" strategy
                    • (21:08) - Few thoughts about financial planning 
                    • (27:00) - A major key takeaway from the guest
                    • (29:40) - The worst advice he ever received 
                    • (30:50) - The best advice he ever received 
                    • Payback Time Podcast 

                      Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

                      34 min
                    • S3E10 - Noah Rosenfarb - How to reduce capital gains tax to 0%

                      Noah Rosenfarb - How to reduce capital gains tax to 0%

                      If you’re looking to build and sell a business and want to avoid a big tax payout, it all starts in the planning phase. My next guest is a CPA with some creative strategies that help entrepreneurs reduce and even avoid corporate tax and capital gains tax. If you’re looking to build and sell a business, this episode is perfect for you. Please welcome Noah Rosenfarb.

                      Key Timecodes

                      • (00:40) - Show intro and background history
                      • (01:24) - Deeper into his background and business as a financial planner
                      • (03:35) - Understanding his strategies to avoid paying high taxes
                      • (05:33) - How does he set up businesses in foreign countries to avoid taxes
                      • (06:49) - How to establish SAAS businesses working with remote teams as a strategy
                      • (07:51) - How money flows between countries in this type of business
                      • (08:56) - Understanding his philosophy as a financial adviser
                      • (11:34) - Deeper into his real estate investing strategies
                      • (15:46) - The importance of a great team and leadership skills for success as an entrepreneur
                      • (18:26) - What business model is the most attractive to build and sell?
                      • (20:23) - A major key takeaway from the guest
                      • (23:42) - The worst advice he ever received
                      • (24:09) - The best advice he ever received
                      • (25:33) - Guest contacts
                      • Payback Time Podcast

                        Payback Time is a podcast for investors. The goal of this podcast is to help make investing approachable and easy to understand. We will interview beginner and experienced investors and ask them to share stories on how they got started, what challenges they faced, what mistakes they made, and what strategy works for them today. The overall objective is to provide you with a roadmap that helps you become a better investor.

                        27 min

                      About Payback Time

                      From the publisher's feed

                      Introducing Payback Time, the podcast for entrepreneurs looking to build and scale their startups. Gain access to actionable tips, proven strategies, and valuable data that can help you avoid…