The Richer Geek

Do you feel like your money narrative is holding you back? In this episode of The Richer Geek Podcast, Amy Cook, financial advisor and founder at Maven Lane Financial Group, shares insights on how your money narrative can impact your financial decisions. She discusses how to build lasting legacies through effective financial planning strategies, overcome your money narrative, find the right financial advisor, and start planning for your future. You'll also learn tips for talking to aging parents about their finances and how to create a plan for your children's education. Whether you're just starting out or looking to elevate your finances, this episode is packed with valuable information.

In this episode, we're discussing...

• Financial planning is a process, not a one-time event.

• Your money narrative can shape your financial decisions.

• It's important to find a financial advisor you trust and feel comfortable with.

• When talking to aging parents about their finances, start by offering to meet with their advisor.

• Consider creating a master binder with important financial documents and information.

• There are different levels of financial planning available, depending on your needs.

• Starting early with college planning can help offset the costs.

• Financial success is a marathon, not a sprint. Don't get discouraged if you don't make progress overnight.

Resources from Amy

LinkedIn | Maven Lane Financial Group | Money Narrative

Resources from Mike and Nichole

Gateway Private Equity Group |  Nic's guide

Welcome back to another episode of The Richer Geek Podcast! In today's episode, Andy Lee, the Founder and Chief Investment Officer of Parallaxes Capital, joins us to discuss his journey into capital investment and the founding of Parallaxes Capital, the only asset manager dedicated solely to Tax Receivable Agreements (TRAs). They explore the emerging world of TRAs, a unique asset class gaining popularity in major IPOs like GoDaddy and Shake Shack. Andy explains what TRAs are, how they function, and why they're becoming an essential tool for companies going public. He also addresses some common misconceptions about TRAs and shares how Parallaxes Capital is educating and providing liquidity to TRA holders.

In this episode, we’re discussing…

• Introduction to TRAs: Learn about Tax Receivable Agreements, a growing asset class used by companies during IPOs to create long-term cash flows similar to royalties.

• History and Evolution: Andy explains how TRAs evolved, comparing them to other asset classes like mineral and air rights, highlighting their hidden value.

• Opportunities and Criticisms: Discover the benefits TRAs provide to founders and shareholders, along with some common criticisms, such as the perception that they mainly benefit company insiders.

• Parallaxes Capital’s Role: Understand how Parallaxes Capital supports TRA holders by providing liquidity and educating them on the value of their assets.

• Investment Insights: Insight into how TRAs create uncorrelated returns, making them an attractive option for investors seeking diversification beyond traditional assets.

Resources from Andy

LinkedIn |  Parallaxes Capital 

Resources from Mike and Nichole

Gateway Private Equity Group |  Nic's guide

We hope you’ve enjoyed the long weekend! Welcome back to another episode of The Richer Geek Podcast. Today, we’re diving into the world of distressed notes with Chris Seveney, CEO and co-founder of 7e Investments. Discover how to generate passive income and potentially help homeowners facing difficulties by investing in distressed mortgages. Learn about the benefits of this alternative real estate strategy and how to get started with a minimum investment of $5,000.

In this episode, we're discussing...

• Chris Seveney’s Background: From civil engineering to real estate and finally into note investing, Chris’s path was driven by a desire to create a different kind of impact in real estate.

• Alternative to Traditional Real Estate Investing: Invest in mortgage notes (debt) instead of physical properties to avoid property management headaches.

• Helping Borrowers & Earning Passive Income: Focus on "fixing & flipping notes" by working with borrowers facing hardship to keep them in their homes while generating cash flow.

• Focus on Middle-Income Properties: Target geographically diverse middle-income properties for a balance of risk and reward.

• Regulation A+ Fund: Invest in a Regulation A+ fund with a minimum investment of $5,000 for access to this niche investment strategy and potential for monthly distributions of 8-11%.

Resources from Chris

LinkedIn | Email | 7e Investments 

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Chasing knowledge, not money, is the guiding principle discussed in this episode of The Richer Geek Podcast. Joining us today is Darin Davis, co-founder of Club Capital, to discuss the critical role of preferred equity in today's real estate market. With over 20 years of experience, Darin shares his journey from traditional employment to becoming a successful real estate investor. Tune in to learn how Darin utilizes preferred equity to support developers and secure safe, profitable investments, ensuring sustainable growth even during volatile market conditions

In this episode, we're discussing...

• Mindset Shift: Darin Davis emphasizes the importance of shifting from a paycheck mentality to focusing on financial independence and asset control.

• The Power of Mentorship: Davis shares how invaluable mentorship and learning opportunities are, sometimes more valuable than immediate financial gains.

• Raising Capital: Learn about the pivotal role of raising capital in real estate and how leveraging others' money can accelerate your success.

• Navigating Market Shifts: Insight into how to adapt and thrive through major market changes, particularly in the real estate sector.

• Strategic Partnerships: Davis highlights the importance of choosing the right development partners and staying focused on your market.

• Preferred Equity Investments: Explore how preferred equity can provide investors with safer, cash-flowing, short-term opportunities in volatile markets.

Resources from Darin

LinkedIn | Club Capital 

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Are you frustrated with traditional IRAs and 401(k)s limiting your investment options? Do you wish you could use your retirement savings to invest in real estate, gold, or even Bitcoin? If so, this episode is for you!

Today on The Richer Geek Podcast, we sit down with Parker Pursell, President and CEO of eQRP, to explore his journey from a family-owned fertilizer business to leading a financial company that empowers investors to take control of their retirement funds. Learn how Parker transitioned from agriculture to finance and discover the innovative ways eQRP helps investors unlock the potential of their retirement savings.

In this episode, we’re discussing…

Self-Directed 401(k) vs. IRA: Learn why a self-directed 401(k) is often more advantageous than an IRA, particularly in debt-leveraged investments, where it can save you significant tax liabilities.

Alternative Investments: Understand how eQRP empowers investors to diversify their retirement portfolios with alternative assets like real estate, gold, and Bitcoin, without the limitations of traditional financial systems.

Financial Freedom through eQRP: Explore how eQRP is revolutionizing financial freedom by providing investors with the tools, education, and control needed to maximize their retirement savings.

Parker's Personal Journey: Get inspired by Parker Pursell's unconventional path from a family-owned fertilizer business to becoming a financial industry leader, emphasizing the importance of continuous learning and value-driven leadership.

Actionable Tips: Gain insights into strategic moves that could potentially save you hundreds of thousands in taxes by transitioning your IRA into a self-directed 401(k) with eQRP.

Resources from Parker

LinkedIn | eQRP | Turnkey Retirement

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Welcome back to another episode of The Richer Geek Podcast. Dave Wolcott, founder of Pantheon Investments, returns to share insights on new investment opportunities, including private credit. Learn about alternative investments, tax optimization, and real estate strategies to grow your wealth. Don't miss this episode for expert advice and actionable strategies to achieve your financial goals.

In this episode, we're discussing...

• Portfolio Allocation is Key: Focus on a few key sectors and diversify within those sectors to reduce risk.

• Alternative Investment Strategies: Explore alternative asset classes like private credit, which offer high growth, are non-correlated to the stock market, and provide steady cash flow.

• Uncertainty Creates Opportunity: Don't be afraid of market uncertainty. Look for ways to use uncertainty to your advantage and create certainty in your financial future.

• Building Your Wealth Pyramid: Consider using Infinite Banking and whole life cash value policies as the foundation of your wealth pyramid. These strategies are non-correlated to the market, offer multiple benefits, and provide stability.

• Define Your Certainty Needs: Identify what financial certainty means to you (e.g., emergency fund, passive income) and develop strategies to achieve it.

Resources from Dave

LinkedIn | Pantheon Investments | The Holistic Wealth Strategy

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Welcome back to another episode of The Richer Geek Podcast! Today, we're switching things up a bit. While we usually focus on investments, this time we're diving into finance. Our guest is Emmanuel Daniel, an author, entrepreneur, and corporate strategist. As a global thought leader on the future of finance and its impact on business and society, Emmanuel is a member of the Forbes Business Council and was listed as a top 10 global influencer in the "FinTech Power50" in both 2021 and 2022. He is also the founder of the research publication and consulting house, TAB Global.

In this episode, we're discussing...

• Transformation of Banking: The digitization of banking has drastically changed the industry, making transactions faster and more efficient.

• Future of Finance: As industries become more digitized, the nature of assets and investments will continue to evolve, impacting how people view and manage wealth.

• Global Economic Dynamics: The intertwined economic relationship between the US and China showcases the complexity of global trade and the significant impact of geopolitical decisions.

• US Economic Strengths: The US excels in information handling and liquidity in capital markets, setting it apart from other economies.

• Socialism vs. Capitalism: The US has largely rejected the socialist model, focusing on market-driven solutions, whereas other countries like Sweden and Norway provide examples of successful socialist policies.

• Local Community Influence: In the US, the role of local communities is crucial in creating social safety nets, reflecting the nation's diverse approach to balancing market forces and social needs.

Resources from Emmanuel

LinkedIn | Emmanuel Daniel's website | The Great Transition

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Welcome back to The Richer Geek Podcast! Today, we're joined by Whitney Elkins-Hutten, a real estate expert dedicated to helping busy professionals build wealth. Whitney's journey started in 2002 and has since grown into a career filled with impressive achievements. She is the Director of Investor Education at PassiveInvesting.com, Founder of AshWealth.com, and author of "Money for Tomorrow: How to Build and Protect Generational Wealth." Whitney is also a partner in over $800MM in real estate, including 6500+ residential units, 15 car washes, and 2200+ self-storage units across 11 states.

In this episode, we're discussing...

• From Humble Beginnings to Real Estate Mogul: Whitney's journey from accidental landlord to a multi-million dollar real estate portfolio.

• Multifamily Market Outlook: While multifamily remains a strong asset class, careful market selection is crucial due to current economic challenges.

• Express Car Washes: A Shiny New Investment: The express car wash industry offers promising investment opportunities with its membership-based model.

• Passive Investing Made Accessible: PassiveInvesting.com provides a platform for investors to access real estate opportunities.

• Financial Foundation First: Whitney emphasizes the importance of building a strong financial foundation before investing.

• Knowledge is Power: Understanding investment principles is key to making informed decisions, according to Whitney.

Resources from Whitney

LinkedIn | PassiveInvesting.com | AshWealth.com 

Money for Tomorrow: How to Build and Protect Generational Wealth

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Welcome back to another episode of The Richer Geek Podcast! Today, we're chatting with Shane Mishler, COO of SD Tech, reveals how outsourcing IT quadrupled his revenue in just 5 years. Learn how to supercharge your business, boost efficiency, and unlock massive growth. Plus, get insider tips on building a thriving tech business, delivering top-notch customer service, and expanding your MSP reach.

In this episode, we’re discussing…

Outsourcing IT Can Quadruple Revenue: Shane Mishler, COO of SD Tech, shares his experience of how outsourcing their IT team led to a 4x increase in revenue within 5 years.

Focus on Customer Service: Customer service is a core value at SD Tech. They believe in building strong relationships with their clients and prioritize addressing their emotional needs alongside technical problems.

Managed Service Provider (MSP): SD Tech is an MSP that offers IT support to small and medium-sized businesses. They handle everything from network management to cloud migration and troubleshooting technical issues.

SD Tech Franchise Opportunity: SD Tech recently launched a franchise program. This allows individuals to leverage their existing business development skills and SD Tech's proven model to establish their own IT support business.

No Prior Tech Experience Required: While some technical knowledge is helpful, SD Tech franchisees don't need to be experts. The ideal candidate is someone with strong sales experience and the ability to build relationships. Training and support are provided by SD Tech.

Resources from Shane

LinkedIn | SD Tech | 6 Tech Traps That Can Stop Your Start-up

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide

Ever wish you could predict market movements? Today on The Richer Geek Podcast, we explore how AI can spot hidden signals in the market. Andrew Einhorn, Chief Executive Officer and co-founder of LevelFields, joins us to reveal how AI can identify events that impact stock prices. Learn how to leverage AI for smarter investing!

In this episode, we're discussing...

Introduction to LevelFields: Learn about Andrew Einhorn's journey from an epidemiologist to the CEO and co-founder of LevelFields, an AI-driven FinTech application designed to streamline investment research.

AI in Investment Research: Discover how LevelFields leverages AI to automate and simplify the process of investment research, enabling investors to identify opportunities quickly and efficiently.

Event-Driven Analysis: Understand how LevelFields focuses on event-driven analysis, monitoring US stocks 24/7 to find events that significantly impact share prices, while ignoring irrelevant noise and opinions.

Case Studies: Hear examples of how identifying events such as dividends, buybacks, and market trends can lead to significant investment opportunities, illustrated by real-world scenarios like the rise of coal companies during the Russia-Ukraine conflict.

Market Manipulation and Bias: Learn how LevelFields cuts through market manipulation and biased information, providing users with clear, data-driven insights that help them make informed decisions.

Future of AI in Investing: Explore the potential future applications of AI in the investment world and how it can make sophisticated financial strategies accessible to everyone, regardless of their level of expertise.

Resources from Andrew

LinkedIn | LevelFields AI

Resources from Mike and Nichole

Gateway Private Equity Group |  REI Words |  Nic's guide