8 Minute Millionaire: Learn The Secrets Of Millionaire Entrepreneurs

55 Airbnbs, 17 flights, $1,400 in speeding tickets in Australia, are just some of the many things we experienced on our 9-month trip around the world. Join us in a lively and detailed recount of our nine-month trip around the world, exploring various countries, cultures, and experiences with our family. From go-karting in New Zealand to skiing in Zermatt and snorkeling in Tahiti, we share the highs and the lows and the tips and tricks after taking a leap of faith to sell everything we had to explore this beautiful world, all while running a business and doing online school as a family.   What we discuss with Justin and Tara: + Introduction & Episode Overview + Travel Stats and Awestruck Experiences + The Motivation Behind the Journey + Selling Everything and Taking the Leap + Challenges and Differences in the Journey + Detailed Itinerary: Countries and Memorable Moments + Encounters and Reflections Along the Way + Final Thoughts on Travel and Life   If you enjoyed this episode, let us know by clicking on

Are you the typical business owner who dreads doing taxes when it comes to your business? Then this episode is for you. Host Erik Fisher interviews Jeff Trapp, founder of Tax Planning Pros, about ways to maximize your tax write-offs, how to maintain good records to ensure you avoid IRS scrutiny, and what to do if you are audited. We'll also discuss investing, how to prep your taxes if you're selling your business and we'll also clue you in on one of the biggest tax deductions most people are NOT taking now.   So let's dive into the things you can be doing TODAY to create your booming financial future tomorrow!   What we discuss with Jeff: + Why Proactive Tax Planning Matters + Key Differences Between Tax Preparation and Tax Planning + Common Mistakes Business Owners Make with Taxes + Getting Started with Proper Documentation + Understanding Business Entities: LLCs, S Corps, and C Corps + Leveraging Real Estate for Tax Benefits + Introduction to Cost Segregation and Depreciation + Investment Strategies for Tax

Building a lucrative income stream through vending machines is the discussion for today's podcast. Mike Hoffman from mrpassive.com shares how he transitioned from a career in sports science and real estate to managing 25 vending machines that yield significant monthly profits. The conversation covers the initial investment, operational strategies, and the high profitability of vending machines compared to stocks and real estate. Mike also emphasizes the growing potential of the vending industry, especially with technology advancements and market saturation ripe for disruption. Listeners can learn about the ease of starting and scaling a vending machine business, hiring strategies, and the long-term financial benefits and equity-building potential of this venture.   What we discuss with Mike: + Meet Mike Hoffman: From Sports to Vending Machines + The Journey to Vending Machine Success + Why Vending Machines Over Real Estate? + Earning Potential and Location Strategy + Getting Started with Vending Machines + St

One of the reasons people get hung up on starting a business is that they think they need to have this big, crazy, original idea. That's just not the case. There are a million ways to make a million dollars. All you need is one simple idea and you're probably much closer than you think. In this episode, Justin and Tara cover the six different ways to come up with YOUR big idea.   (Original Air Date - 2/17/23) What we discuss with Justin and Tara: + Welcome to Millionaire University + The Big Idea: Financial Independence and Abundance + Six Different Ways to Come Up with Your Big Idea + Go with Your Gut: Implementing Your Idea + The Importance of Product Research + The Reality of Starting a Business + Figuring Out Your Product Quickly + Committing to Your Business Idea + The Danger of Being Fickle + The Importance of Taking Action Quickly + The Difference Between Squirrel Moments and Intelligent Pivots + The Power of Picking a Skill or Topic + The Potential of Improving Existing Tools or Services + The Value o

The Only 3 Things Every Business Needs with Justin and Tara Williams (Replay) Starting a business isn't easy, but it's not that hard either.  One of the reasons some business owners struggle is that they get easily distracted with things that have little to no impact on their business. In this episode, we discuss the only 3 things that really matter in your business. This will be critical to understand as you grow your business.    (Original Air Date - 2/16/23) What we discuss with Justin and Tara: + Introduction to the Millionaire University Podcast + The Importance of Focus in Business + The Three Essential Elements of Every Successful Business + The Role of Distractions in Business + The First Essential Element: A Product or Service + The Second Essential Element: Selling the Product or Service + The Importance of Embracing Sales + The Third Essential Element: Delivering on the Promise + The Role of Systems in Business + The Game of Business + The Importance of Taking Steps into the Darkness + Summary and

Mastering AI to Elevate Your Business: Insights with Menekse Stewart In this episode of the Millionaire University podcast, Kirsten delves into the transformative power of Artificial Intelligence (AI) in business with guest expert Menekse Stewart. Stewart, a seasoned professional in digital marketing and online business, offers deep insights into the evolution of AI, particularly generative AI, and its substantial impact on content creation, marketing strategies, and customer engagement. She dives into practical applications of AI tools to streamline business processes, enhance content repurposing, and gain valuable customer insights. Stewart emphasizes the importance of integrating human experiences and expertise with AI-generated content for authenticity and discusses the challenges and opportunities AI presents for the future of online business and content marketing. She and Kirsten discuss how to use AI as a tool to complement your skills, automate mundane tasks, and focus more on creative and strategic a

How One Artist Took Her Love For Art and Turned It into a Successful Business In this episode of the Millionaire University Podcast, host Brien Gearin talks with Ashton Rodenhiser, the owner of Minds Eye Creative, about the innovative business of sketchnoting. Ashton shares her journey from childhood creativity through the challenges of choosing a career path. She discusses the ups and downs of being a creative entrepreneur and how she translates complex words into art. Ashton also touches on aspects of personal growth, marketing, and the importance of pricing confidence in the success of a creative business.   What we talked about with Ashton: + Creative Path: From Childhood to Entrepreneurship + The Birth of a Business: Embracing Graphic Facilitation + The Impact of Sketchnoting in Various Industries + Navigating Business Challenges and Opportunities + Adapting to a Hybrid Model: The COVID-19 Pivot + The Art of Live Illustration: Techniques and Preferences + Embracing Technology: The Shift from Paper to Dig

How to Scale Your Business by Leveraging the Global Talent Pool with Mike O'Connor In this episode of the Millionaire University podcast, host Brien Gearin talks with Mike O'Connor, founder and CEO of Nexus Point. Mike shares his journey from a traditional corporate path to becoming an entrepreneur, emphasizing the pivotal role that international assistant talent played in scaling his businesses. The discussion covers the benefits of hiring international talent as a strategy for entrepreneurs and business owners to become more profitable, buy back time, and effectively scale operations by leveraging the global talent pool. Mike provides insights into his approach for using virtual assistants and specialized global talent, addressing the cultural fit, communication methods, and practical steps for successfully integrating international workers into businesses. He also highlights common pitfalls to avoid and offers advice on maintaining a focus on quality rather than merely reducing costs. The podcast serves as

Shifting Mindsets: Winning Life’s Battles through Positivity with Mike Oster In this episode of the Millionaire University Podcast, host Brien Gearin engages with Mike Oster, a Brigadier General, business owner, and author, to discuss the profound impact of maintaining a positive attitude, especially in relation to business building and personal growth. Oster shares his extensive military background, emphasizing lessons learned from leadership and the importance of a positive mindset. He unveils his journey from joining the National Guard to becoming a full-time military officer and later transitioning into entrepreneurship with ventures like Massage Envy franchises and real estate investments. Oster highlights the significance of reconditioning negative self-talk, setting action-oriented goals, and the necessity of preparation and adaptability in both military and entrepreneurial endeavors.   What we talked about with Mike: + Unlocking the Power of Positive Self-Talk + Mike Oster's Journey: From Military Ser

Our Plan To Go From $0 to $100,000/Month From Podcast Sponsorships in 12 Months - Part 2 In this episode, Justin Williams, provides an update on MU's ambitious goal of making $100,000 per month through podcast sponsorships. Justin shares the challenges, lessons, and successes encountered over the past year, including overcoming dismal initial downloads, the 'trough of sorrow,' and strategies for growing their audience. He emphasizes the importance of creating a break-even funnel, investing in growth through paid advertising, and learning from trial and error to eventually achieve financial success. Justin also discusses the value of having a big, hairy, audacious goal, staying persistent, and continually adapting to changes in the business landscape.   What Justin discusses: + Journey to $100K Per Month with Podcast Sponsorships + The Humble Beginnings of Millionaire University + Setting Ambitious Goals for Podcast Growth + The Launch and Initial Struggles of Millionaire University Podcast + Facing the Trough

The Truth Most Ad Agencies Don't Share with Jason Wojo In this episode of Millionaire University, Kirsten hosts Jason Wojo, who shares his transformation from flipping Pokemon cards to establishing a successful digital marketing agency. Wojo details critical insights on creating high-selling offers, the importance of ad diversity beyond Facebook, and transitioning from solopreneurship to leading a full-scale agency. He emphasizes solving belief system issues with action over motivation and highlights the significance of breaking out of comfort zones to scale a business. Moreover, Wojo discusses the value of understanding one's offer and how it impacts ad effectiveness, alongside the challenge of scaling to $100k a month through calculated decision-making, trust in delegation, and strategic advertising.   What we talked about with Jason: + Jason Wojo's Journey: From Pokemon Cards to Digital Marketing Success + Jason's Personal Story: College Dropout to Marketing Guru + The Leap to Success: Overcoming Money Blo

Bouncing Back: A Masterclass in Resilience and Rebuilding In this episode, Kirsten sits down with Jason Roberts, an accomplished entrepreneur renowned for establishing an impressive 11 million-dollar businesses. Their conversation delves deep into Jason's journey of triumphs, setbacks, and the evolution of his definition of success, emphasizing the significance of maintaining life balance amidst entrepreneurial pursuits. Jason candidly shares his early motivations, stemming from a desire to uplift his family from financial strain, and his entrepreneurial endeavors that commenced in his late teens. Reflecting on a significant business setback and personal challenges during the 2007 market collapse, Jason's path to recovery underscored the pivotal role of mindset, identifying core strengths, and the invaluable guidance of mentors in achieving success. Throughout the episode, Kirsten and Jason explore foundational principles for building thriving businesses that not only yield financial prosperity but also affor

Growth Mindset for Entrepreneurs with ST Rappaport In this episode of the Millionaire University podcast, host Brien Gearin speaks with ST Rappaport, a brain engineer who specializes in helping ADHD entrepreneurs optimize their brain to elevate their business. Rappaport, with her unique background transitioning from a photographer to a brain trainer due to personal challenges, explains the essence of a growth mindset, inspired by Carol Dweck's research. A growth mindset, as opposed to a fixed mindset, involves embracing challenges, learning from failure, and constantly seeking improvement. The discussion covers how words can remarkably influence our mindset and actions, and Rappaport introduces practical exercises for developing a growth mindset, such as journaling with the non-dominant hand to access untapped brain areas. The conversation also touches on applications of a growth mindset in parenting and managing teams, underscoring the universal relevance of growth-oriented thinking in personal and professio

Thinking Time: The Secret Weapon of Successful Entrepreneurs with Matt Drinkhahn In this episode of the Millionaire University podcast, host Brian Gearin welcomes Matt Drinkhahn, an executive coach and host of the Eternal Optimist Podcast, to discuss the transformative power of 'thinking time'. Drinkon credits this practice, inspired by Keith Cunningham’s method from 'The Road Less Stupid', as a key driver behind his success in becoming a millionaire and sustaining business growth. He explains thinking time as a structured period of distraction-free reflection, aimed at solving problems or generating new ideas, by simply writing down questions and methodically exploring solutions. Drinkhahn shares practical advice for implementing thinking time, including its rules and potential impacts on personal and professional development. Through examples ranging from enhancing business strategies to improving personal relationships, the episode presents thinking time as a versatile tool promising substantial benefits f

Retention and Revenue Scaling with Brigham Dallas In this episode, Brigham Dallas shares his unique entrepreneurial journey and the lessons learned while scaling Hello Sugar to a whopping 89 units. From employee retention strategies, the impact of company culture, to the advantages of technology such as AI in the workplace, Dallas shares it all. He also shares the critical role of leadership, savvy financial management, and the art of selecting the right partnerships and customers to nurture growth. Brigham reveals how refining branding and understanding the market led to skyrocketing engagement, and how rewarding employees can create a workplace where everyone thrives.   What we talked about with Brigham: + From College Dropout to Entrepreneur + Growing the business to 89 franchise units + Key Strategies for Workforce Optimization and Retention + Employee Retention and Leadership + Technologies Improving Operations + Balancing Financial Risk and Growth + Starting with minimal funds and scaling the business +

The Bold Choice: Unleashing Your Inner Power for Entrepreneurial Success with Brent Perkins In this captivating episode of the Millionaire University Podcast, host Brian Gearin delves deep into a conversation with guest, Brett Perkins, founder of 3X Bold and author of 'Paper Cuts: The Art of Self Delusion'. They explore the transformative journey of embracing authenticity, making bold choices, and cultivating inner peace to foster significant outer influence in one’s life and business. Drawing from Brett's vast experience as a CEO and entrepreneur, this episode uncovers the essence of being courageous, authentic, and wild, and how these elements contribute to personal growth and professional success.   What we discuss with Brent: + Introduction to Brett Perkins + Courage, Authenticity, and Wildness: The Pillars of Being Bold + Overcoming Fear and Embracing Choice + The Journey Towards Authenticity and Sharing Your Gifts + Living Presently and Managing Emotional Resilience + Cultivating Inner Power for Outer I

Franchise Myths Debunked with David Montanez In this episode, we're excited to share a conversation with David Montanez, an expert in the franchise industry. We discuss common misconceptions about franchises and explore why systems and processes are critical in building a successful business model. David will guide us through topics like the unexpected benefits of franchising, which include reduced risk and access to extensive support networks, various types of franchises, David's four key components of managing a business, and semi-absentee ownership and the emerging trends affected by technology and recent global events, like COVID. Plus, we cover the all-important legal and financial advice for those looking into franchising, talk about the indispensable Franchise Disclosure Document, and learn what makes some franchises stand out over others.   What we discuss with David: + The misconception that franchises are primarily food-related + Exploring the breadth of franchise opportunities in various industries

Real Estate Revolution: Adam Zach's Strategy for Empowering Homebuyers and Investors In this episode of the Millionaire University Podcast, host Brian Gearin talks with guest Adam Zach, the owner of Home Equity Partner, a business innovating in the real estate industry by creating rent-to-own opportunities for those unable to secure traditional home loans. Adam shares his journey from being a W2 employee to diving into entrepreneurship and real estate investing. He explains the concept of shared home ownership and how his business model aims to facilitate homeownership for individuals overlooked by traditional banks by matching them with investors seeking worthwhile returns. This episode delves into the mechanics of rent-to-own agreements, Adam's business strategies, and his perspective on business partnerships. It also offers practical advice for listeners interested in real estate investing or looking to start their own business through matchmaking needs with solutions.   What we discuss with Adam: + Explor

The Business of Buying Businesses with Jaryd Krause In this episode of Millionaire University, we meet Jaryd, a former plumber from Australia turned successful online entrepreneur. Through his platform, Buying Online Businesses, Jaryd shares his journey from initial failures with a travel blog and e-commerce venture to finding success and freedom by purchasing existing online businesses. He emphasizes the importance of due diligence when acquiring online ventures, offers insights into various business types suitable for beginners, and provides strategies for risk mitigation. Jaryd underscores the crucial role of mindset in overcoming fears and achieving goals, cautioning against unrealistic expectations perpetuated by social media. The discussion also delves into the motivations behind selling profitable online businesses and the value of these ventures as cash-flowing assets. Jaryd's guidance offers listeners invaluable insights to navigate the complexities of the online business world and embark on their ow

Mastering Time Using Virtual Assistants with Robert Levin This episode of Millionaire University, hosted by Erik Fisher, he chats with Robert Levin, Co-Founder and Chairman of Work Better Now. They chat about Robert's personal journey from CPA to media company founder, to the visionary behind Work Better Now, the strategic benefits of sourcing talent from Latin America and how it aligns with US work culture and time zones, successful empowerment of remote assistants, the essential nature of AI in today's business operations, and secrets to effective time management and delegation skills that will free you from being the bottleneck of your business.   What we discuss with Robert: + The transformative experience of hiring a virtual assistant + The strategic advantages of sourcing talent from Latin America + The importance of prioritizing time and effective time management for business owners + Steps for business owners to take to start delegating tasks + Creating job descriptions and handbooks for new remote as