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

Welcome to another episode of The Richer Geek Podcast. Today, we are joined by Mark Murphy, CEO of Northeast Private Client Group and a renowned expert in financial planning and wealth management. He explains the importance of building multiple income streams and designing a life with intention. Discover the principles of cash confidence, the significance of investing in your money-making endeavors, and the importance of creating both paychecks and playchecks. Learn how an entrepreneurial mindset and strategic collaboration can transform your financial future. Plus, explore Mark's book, 'The Ultimate Investment,' and uncover the secrets to achieving financial freedom.

In this episode, we’re discussing:

• Cash Confidence: Importance of maintaining liquid assets or reliable income streams to navigate financial challenges.

• Money Machine: Investing in one's business to generate a significant return on investment.

• Paychecks vs. Playchecks: Differentiating between income-generating assets and expendable assets for financial stability.

• Entrepreneurial Mindset: Emphasizing strategic planning and financial engineering to create multi-generational wealth.

• Collaboration Over Isolation: Working with a team of financial experts to optimize wealth management.

• Transformational Language: Using impactful, memorable language to reinforce financial strategies and principles.

• Invest in Yourself: Continual self-improvement and education to advance career and financial goals.

• Diversified Asset Classes: Understanding the significance of various asset classes beyond traditional investments.

Resources from Mark

Email | Northeast Private Client Group | Contact number: 973-422-9140 

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 have Byron Wolfe, founder of CFOAF, sharing unparalleled tax benefits and insider tips to help you master business financial principles. With Byron's expertise in hospitality real estate and real estate investment, you'll discover strategies to maximize your average return on investment and position your business for long-term success.

In this episode, we're discussing:

• Understand common early business mistakes and how to avoid them

• Leverage unmatched tax benefits to save your business money

• Optimize your cash flow for better financial stability

• Learn the importance of focusing on profitability

• Maximize your average return on investment (ROI)

• Implement strategic financial planning for sustained growth

Resources from Byron

LinkedIn | CFOAF

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 have Kim Daly, one of America’s top franchise consultants, host of Kim Daly TV on YouTube, author, speaker, thought leader, and franchising expert.Kim shares insights on how to break free from the corporate grind, the benefits of franchising, and how to find the right franchise. If you're stuck in your nine-to-five and dreaming of owning a franchise, this episode is for you. 

In this episode, we're discussing...

• Franchise vs. Entrepreneurship: Understanding the benefits of franchising, including systems, processes, and support that reduce the risk of failure compared to starting a business from scratch.

• Importance of Leadership: The success of a franchise is heavily dependent on strong, experienced leadership within the franchise system.

• Matching Process: Using a franchise consultant like Kim Daly to match your skills, goals, and lifestyle preferences with the right franchise opportunity.

• Economic Resilience: How franchises can thrive during economic downturns due to strong leadership and adaptive business models.

• Scalability: The importance of scalability in franchising to achieve financial success, often requiring multiple units or locations.

• Predictable Revenue Models: Focusing on franchises with membership models for predictable and consistent revenue.

Resources from Kim

LinkedIn | The Daly Coach | Kim Daly TV

Resources from Mike and Nichole

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