The Richer Geek

Welcome back to The Richer Geek Podcast! Today's guest is Chase Insogna, founder of Insogna CPA, a highly successful CPA and investment advisory firm based in Austin, Texas. Chase specializes in helping business owners not only manage their finances but also strategically grow their wealth while building their businesses.

In this episode, we're discussing...

• Why finding a CPA who doubles as a business advisor can transform your financial strategy

• The importance of proactive communication and collaboration with your CPA

• What to expect during the client onboarding process with a CPA

• Proven strategies to minimize taxes and save money as a business owner

• Smart investment approaches to build long-term wealth while running a business

Resources from Chase

LinkedIn | Insogna CPA

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Welcome back to another episode of The Richer Geek Podcast! Today, Mike is joined by Paul Deloughery, a seasoned attorney with 25 years of experience in probate and trust law. Paul is the author of Lasting Wealth: A Revolutionary Method of Family Wealth Transfer and Probate Made Simple.

Paul's journey into the realm of probate law is deeply personal. After facing the challenges of managing an unexpected inheritance without proper guidance, he recognized the profound need for expert legal support during critical times. This experience inspired him to create Probate Made Simple and shaped his philosophy of offering compassionate, clear, and personalized legal assistance.

In this episode, we're discussing…

• Lessons from Losing Millions: Paul's journey from inheriting $28M to losing much of it, and the valuable insights he gained along the way.

• The Realities of Probate Litigation: Why even well-drafted trusts and wills can lead to family disputes and court battles.

• Family Wealth Transfer Myths: Understanding the "shirt sleeves to shirt sleeves" phenomenon and why most financial windfalls don't last.

• Essential Probate Planning Tips:

- The importance of clear communication with beneficiaries.

- How to build trust and prevent disputes before they arise.

- Why documentation is necessary but not sufficient for a smooth wealth transfer.

• Breaking Generational Wealth Cycles: Steps families can take to ensure long-term financial stability and harmony.

Resources from Paul

LinkedIn | Sudden Wealth Protection Law | Lasting Wealth: A Revolutionary Method of Family Wealth Transfer | Probate Made Simple

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Join us for another exciting episode of The Richer Geek Podcast as we dive into the transformative world of data and technology with Collin Graves, CEO of North Labs, a leading fractional cloud data analytics firm that has helped over 1,000 organizations unlock their potential through data-driven strategies.

If you're curious about leveraging cloud strategies, unlocking AI's potential, or optimizing your data for success, this conversation is packed with valuable insights you won't want to miss!

In this episode, we're discussing…

• Collin Graves' inspiring journey from the Air Force to founding North Labs.

• The role of cloud data analytics in driving transformative business success.

• Insights on AI adoption: the opportunities, pitfalls, and the strategic approach organizations need.

• How North Labs helps businesses unlock the power of data for operational efficiency and predictive insights.

• The future of AI and its potential impact on industries.

Resources from Collin

LinkedIn | North Labs | Special Audience Giveaway: Build My Data Blueprint

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Happy New Year, and welcome back to The Richer Geek Podcast! In this episode, Daniel Barnard, host of CapitalFit and experienced investor, shares tips on raising capital, building networks, and growing your business. With 27 years in the industry, Daniel offers practical advice for entrepreneurs on securing funding and attracting the right partners. Join us as we dive into Daniel's expertise, his work with startups like MedWatch, and his passion for creating impactful ventures.

In this episode, we're discussing...

• The Role of a Connector: Learn how Daniel bridges the gap between founders and investors to fuel business growth.

• Capital Raising Insights: Explore strategies for raising capital, from crowdfunding to angel investing, and what it takes to succeed.

• Reinvention Through Passion: Discover how Daniel pivoted from a 25-year career in finance to building impactful ventures in MedTech and beyond.

• The Power of Intentional Networking: Hear how focus, prayer, and alignment help attract the right opportunities and people at the right time.

Resources from Daniel

LinkedIn | CapitalFit | CapitalFit Podcast

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Merry Christmas and welcome back to another episode of The Richer Geek Podcast! Today, we have a special guest, Joseph LoPresti, a seasoned founder of Arlington Wealth Management with over 39 years of experience in the financial services industry. Joseph is passionate about helping business owners achieve financial security and prosperity. In this episode, Joseph shares his insights on the unique challenges business owners face when it comes to financial planning. He discusses the importance of having a personal CFO, creating a proactive planning team, and leveraging virtual family offices for expert advice. Joseph also talks about his co-authored book, "Exit by Design," which provides a roadmap for business owners to design their ideal exit strategy.

In this episode, we're discussing:

• The Importance of a Personal CFO: Business owners need a dedicated financial strategist to coordinate their personal and business finances, identify overlooked opportunities, and guide them towards their financial goals.

• Proactive Exit Planning: Don't wait until the last minute to plan your business exit. Develop a comprehensive exit strategy early on, considering your personal goals, desired lifestyle, and potential transition options.

• Leveraging a Virtual Family Office: Gain access to a team of specialized advisors, including tax experts, wealth managers, and legal professionals, without the high cost of a traditional family office.

• Achieving Financial Freedom: Define your "freedom point" – the point at which you have accumulated enough wealth to live your ideal life without financial constraints.

Resources from Joseph

LinkedIn | Arlington Wealth Management | "Exit by Design"

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Welcome back to another episode of The Richer Geek Podcast! Today, we have a very exciting guest, Kevin Davis. Kevin's journey began as a recording artist signed with Warner Brothers Records, but his passion for finance led him to Wall Street, where he gained experience as a stockbroker. Seeing a need for accessible investment education, he created Investment Dojo, a gamified stock simulator app that helps people of all ages build confidence in investing. In this episode, Kevin shares his inspiring story, discusses the importance of understanding your investments, and explains how Investment Dojo is empowering families to learn about the stock market together.

In this episode, we're discussing:

• Challenging Start: Kevin was kicked out of his house at 17, living place-to-place while juggling part-time work at UPS and college.

• Wall Street Entry: Inspired by the movie Trading Places, Kevin began his Wall Street career at Stratton Oakmont after a serendipitous conversation with a neighbor.

• Research Skills: Kevin mastered stock research by focusing on free cash flow and business models—skills that became the cornerstone of his success.

• Founding Investment Dojo: During his retirement, Kevin recognized the lack of accessible financial education. He founded Investment Dojo to teach others how to research and build wealth.

• Education-First Approach: Kevin emphasizes teaching people how to analyze stocks and make informed decisions rather than relying on stock picks.

Resources from Kevin

LinkedIn | Investment Dojo | Who's Your Daddy by Kevin Davis

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Welcome back to another episode of The Richer Geek Podcast! Today, we're joined by Greg Mohr, author of "Real Freedom: Why Franchises Are Worth Considering and How They Can Be Used for Building Wealth." Greg dives deep into the world of franchising, exploring its different forms, investment levels, and how it can be a path to financial freedom.

In this episode, we're discussing:

• Diverse Franchise Models: Franchising is not confined to traditional brick-and-mortar brands like McDonald's or Taco Bell. It spans essential services (e.g., HVAC, plumbing, senior care), boutique fitness centers, and innovative e-commerce or cloud-based franchises.

• Investment Ranges and Risks: Initial investments vary significantly. Brick-and-mortar franchises often require $250K+ with higher overhead, whereas service-based or home-run models may start around $150K. Each option presents unique risks and rewards.

• Tailored Involvement: Franchising offers flexibility for different involvement levels. Semi-absentee owners typically spend 10–15 hours per week managing finances and overseeing teams. However, thoroughly vetting managers and franchise systems is critical.

• Post-COVID Shifts: Investors are increasingly drawn to essential services like home maintenance or tutoring, which remain in demand during economic shifts, rather than high-overhead, location-dependent franchises.

• Due Diligence and Strategy: Passion alone doesn't guarantee success. Prospective franchisees should analyze financial projections (pro forma), assess market potential, and consult existing franchisees about profitability and risks. Collaborating with a franchise consultant, like Greg, can align business goals with the right opportunities.

Resources from Greg

LinkedIn | Franchise Maven | Real Freedom: Why Franchises Are Worth Considering and How They Can Be Used For Building Wealth

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Welcome back to another episode of The Richer Geek Podcast! We hope you had a wonderful Thanksgiving last week filled with gratitude, good food, and great company. As we dive into December, we're bringing you an exciting discussion about the power of gold in today's economy.

Today, we're joined by Dean Heskin, President and CEO of Swiss America Trading Corporation, to explore why gold remains a top safe haven investment. With nearly three decades of expertise, Dean shares his insights on why gold is expected to experience significant gains in the coming years, despite financial instability.

Be sure to check out FAQs About Gold Investing for everything you need to know about making smart decisions in this gold rush.

In this episode, we're discussing:

• Soaring National Debt: The U.S. national debt continues to climb, with daily interest payments reaching a staggering $3 billion.

• Gold's Bullish Outlook: Economic uncertainty and rising debt are driving predictions of significant growth for gold in the coming years.

• BRICS Challenge to the Dollar: The BRICS alliance, with its new gold-backed currency, is poised to disrupt the global financial landscape.

• Safeguarding Wealth: As inflation and debt concerns persist, gold is emerging as a popular safe-haven investment for individuals and institutions alike.

• Timing Your Gold Investment: Learn why experts believe now is an opportune moment to consider adding gold to your investment portfolio.

Resources from Dean

LinkedIn | FAQs about gold investing

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

Welcome back to another episode of The Richer Geek Podcast! Today, we're diving deep into the transformative world of co-living with Grant Shipman, a leading authority in this booming real estate niche. As the founder of Livingsmith, Grant has achieved an extraordinary 97% lifetime occupancy rate and an average tenant stay of 25.2 months. He shares how a chance discovery and lessons from intentional living communities catapulted him from delivering pizzas to achieving financial freedom in just 15 months.

Discover what co-living truly means, why it's not just "renting by the room," and how this model combines the best of single-family and multifamily investments. Plus, learn the essentials for creating healthy, thriving shared spaces and how you can turn your properties into cash flow powerhouses.

In this episode, we're discussing:

• The Basics of Co-living: Understanding the concept and its advantages over traditional rentals.

• Building a Thriving Co-living Community: Tips for fostering positive relationships among residents.

• Maximizing Your Investment: Strategies for selecting the right properties and optimizing rental income.

• Navigating Legal and Regulatory Hurdles: Staying compliant with local laws and regulations.

• Leveraging Technology: Tools and platforms that streamline co-living operations.

Resources from Grant

LinkedIn | The Livingsmith Podcast | LivingsmithPro.com | Co-Living 5 Day Challenge

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide

On today's episode of The Richer Geek Podcast, we have the extraordinary David Drebin, a multidisciplinary artist working in various art forms, producing limited edition works including Photographs, Lightboxes, Neon Light Installations, Diamond Dust works and more.

David shares his unique approach to empowering individuals to uncover their hidden potential. From his early days as a photographer to his current mission of inspiring others, he offers valuable insights into creativity, self-discovery, and the transformative power of human connection.

In this episode, we're discussing...

• The Power of Self-Understanding: David emphasizes the importance of knowing oneself as a foundation for understanding others.

• The Creative Process: He discusses the importance of fear and discomfort in the creative process, and how to embrace them to produce groundbreaking work.

• Unleashing Your Superpower: Learn how David helps people identify their unique talents and passions through insightful conversations and intuitive understanding.

• The Impact of Human Connection: Discover the transformative power of genuine human connection and how it can inspire and empower individuals.

• From Park to Broadway: The vision for a global, interactive platform to inspire and uplift.

Resources from David

Instagram | Website

Resources from Mike and Nichole

Gateway Private Equity Group | Nic's guide