The Richer Geek

What if you could be doing something smarter with your money that creates income now? If you’re an IT or other high-income professional who’s wanting to get ahead financially and enjoy greater freedom of choice… If you want a comfortable retirement and you know you’ll have more choices if you can do more with your money now… If you’ve wondered who else in Tech is creating ways to make their money work for them, and you want actionable ideas with honest pros and cons and NO fluff… Welcome to the Richer Geek Podcast – where we’re helping IT professionals find creative ways to build wealth and financial freedom. In this podcast, you’ll hear from others who are already doing these things… and learn how you can, too.

How AI is Transforming Business Strategy 08/20/2025

Mental Resilience for Entrepreneurs: Lessons from Startup Highs and Lows 08/13/2025

Investing in Real Estate and Private Businesses for Financial Freedom 08/06/2025

Investing in Real Estate and Private Businesses for Financial Freedom In this episode of The Richer Geek, we welcome back Bronson Hill, founder of Bronson Equity, who has now raised over $50 million for real estate investments and is a general partner in deals worth over $150 million. Bronson shares how he left a high-paying career in medical device sales to gain more control over his time through real estate investing. We talk about passive income, how investment strategies are shifting with the economy, and what true freedom really means beyond just money. In this episode, we chat about… Real Estate and Economic Shifts: Bronson discusses how rising debt costs and inflation are impacting real estate cash flow, despite strong housing demand and slower rent growth. Diversifying Beyond Real Estate: His company now invests in private businesses, oil and gas, and real estate debt funds to improve cash flow and tax benefits. Passive Investing Explained: Passive investing isn’t hands-off—it requires upfront due diligence on teams and deals. It's ideal for professionals with more capital than time. Buying High-Cash-Flow Businesses: Bronson looks for scalable businesses with $1M–$4M in annual cash flow, often overlooked by larger firms. He shares an example of a nearly acquired e-commerce company with $5M in yearly profit. Own Everything, Operate Nothing: Bronson focuses on owning equity while partnering with operators, allowing him to step away from day-to-day management and focus on investor relations. Key Takeaways: Time Freedom Over Financial Freedom: For Bronson, true freedom is about having control over your time, not just being financially well-off. Networking and Education are Crucial: Bronson highlights the quote, "You'll be the same person five years from now except for the books you read and the people that you meet". He believes that education and networking are the "rocket fuel" for both passive and active investors. The "Cigar Butt" vs. "Wonderful Business" Approach: Initially, Bronson studied Warren Buffett's "cigar butt" strategy of buying struggling businesses with one puff left. However, he now prefers Buffett's later approach of buying "a great business at a fair price". Bigger Can Be Better: Bronson explains that larger deals, whether in real estate or business, can offer advantages like better teams, superior loan terms (such as nonrecourse debt), and a more attractive exit for private equity buyers. Self-Made Millionaires are the Norm: A Fidelity Investments study shows that 86% of millionaires are self-made, demonstrating that wealth-building skills are learnable and not solely dependent on being born into money. The Importance of a Strong Network: Jim Rohn's quote, "You're the average of the five people that you spend the most time with," underscores the need to intentionally seek out rooms and masterminds where you can surround yourself with people who are ahead of you and provide new insights. Resources from Bronson | **Get a free copy of Bronson’s eBook “How To Use Inflation To Your Advantage” by texting the word “Inflation” to 33777 Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37699375

How to Exit Your Business Without Selling It 07/30/2025

How to Exit Your Business Without Selling It What if you didn’t have to sell your business to step away from it? In this episode, Mike talks with The Real Jason Duncan, founder of The Exiter Club, about building companies that run without their owners. They dive into what it really takes to scale, create systems, and gain back time, without burning out. In this episode, we chat about… From Ministry to Millions: Jason Duncan shares how losing his teaching job led to building a multimillion-dollar business and a new definition of success. The Cost of Having No Exit Strategy: Most entrepreneurs unknowingly build businesses that can’t run without them. Jason explains how this oversight almost cost him everything. Exit Without Selling: Learn what it means to step back from your business while keeping ownership, profit, and control thanks to his "Exit Without Exiting" approach. The Exiter Operating System (XOS™Method): A breakdown of the proprietary system Jason uses to help business owners transition from operator to investor and increase company value by 30%. Too Many Businesses, Too Fast: After exiting operations, Jason launched five new ventures in one year, a decision that nearly burned him out. Here’s what he learned about timing and focus. The Power of Masterminds and Community: Real stories from The Exiter Club show how group strategy and peer insight helped members scale, hire smarter, and buy back their time. Key Takeaways: Your Business Shouldn’t Be a Prison If you build a business without an exit plan, you might trap yourself in a job you own. Freedom requires intentional systems and structures. Exit ≠ Sell An “exit” doesn’t always mean selling. Jason’s “Exit Without Exiting” method shows how to stay an owner while freeing your time. Most Entrepreneurs Never Reach Tier 3 The vast majority stay in the Owner-Operator or Owner-Manager stage. To truly scale and step back, you must aim for the Owner-Investor role. Focus First, Diversify Later Don’t chase multiple streams of income too early. Nail one, automate it, and then scale into others. Time is the Ultimate Currency Money is renewable, time isn’t. Don’t be afraid to invest money to buy back your time. Coaching and Masterminds Fast-Track Growth Jason's clients have seen massive growth, smarter hiring, and higher company valuations just by applying proven systems and surrounding themselves with the right people. Resources from Jason | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37598935

How Smart Investors Build Wealth Outside the Stock Market 07/23/2025

How Smart Investors Build Wealth Outside the Stock Market Welcome back to another episode of The Richer Geek Podcast! Today’s guest is Dr. Amir Baluch, wealth strategist, private fund manager, and international best-selling author of Make It, Keep It. Dr. Baluch has helped professionals build lasting wealth through strategic passive investments, overseeing over $700M+ in projects through Baluch Capital. In this episode, we chat about… Dr. Amir Baluch's journey from aspiring doctor to semi-retired anesthesiologist and full-time wealth strategist, including early failures and lessons learned from losing his life savings in an electronic payments business and his father's bankruptcy. Why alternative investments are essential for real diversification and risk reduction The difference between real estate, private equity, and private credit and where they fit in your portfolio What it means to be a Limited Partner (LP) and why it’s ideal for busy professionals Real-life tax advantages: depreciation, capital gains exemptions, opportunity zones, and more Key Takeaways: Diversification is Key: Don't put all your money into one asset class like the S&P Index, diversify across multiple uncorrelated asset classes to significantly reduce risk. Beyond Stocks: Explore alternative investments like real estate, private equity, and private credit for potentially higher returns, cash flow, and tax advantages not typically found in public markets. Understand Risk, Return, and Liquidity: Every investment has these three profiles, and while return and liquidity are easy to grasp, understanding and underwriting risk is crucial. Tax Efficiency Matters: Strategic investing can offer substantial tax benefits through depreciation, capital gains exclusions (like IRC 1202 for private equity), and other incentives. Investing is a Team Sport: Don't try to go it alone. Partner with experienced mentors and consider starting as a Limited Partner (LP) to learn the ropes and leverage expertise. Continuous Learning: Always be on the lookout for new asset classes and knowledge, never assume you know everything. Resources from Amir | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37508045

Self-Directed IRA vs. Traditional IRA: What’s Better for Alternative Investing? 07/16/2025

Self-Directed IRA vs. Traditional IRA: What’s Better for Alternative Investing? Are you looking to seize control of your retirement funds and explore alternative investment avenues beyond traditional stocks? In this episode, Adam Bergman, a nine-time author, former tax and ERISA attorney, and founder of IRA Financial, shares how self-directed IRAs can empower you to invest in assets like real estate, crypto, gold, private businesses, and more. Learn the essential tax rules and strategies to cultivate your retirement growth. In this episode, we chat about… Introduction to Self-Directed IRAs: Explained what a self-directed IRA is and how it differs from traditional IRAs managed by custodians like Fidelity or Vanguard. Three Things You Can’t Do with an IRA: Clear breakdown of IRS restrictions: no life insurance, no collectibles, and no self-dealing (IRC Section 4975(c)). What Triggers UBIT (Unrelated Business Income Tax): Covered the three scenarios that may trigger UBIT and outlined strategies to avoid or minimize it. Solo 401(k) vs. Self-Directed IRA: Compared the advantages of solo 401(k)s for the self-employed, including UBIT exemptions and higher contribution limits. Using an IRA LLC or "Checkbook IRA": Describe the structure, benefits of control, limited liability, and privacy offered by IRA LLCs. Real Estate and Crypto with a Self-Directed IRA: Detailed how self-directed IRAs can be used for real estate and crypto investments, including the role of non-recourse loans. Key Takeaways: Self-directed IRAs allow you to invest in a wide range of alternative assets, with only a few IRS restrictions. A qualified custodian is required to handle IRA funds and facilitate compliant investments. UBIT may apply to leveraged real estate or active business investments, but it can often be reduced or avoided with the right strategy. IRA LLCs with checkbook control offer more flexibility, privacy, and direct access to manage investments. Solo 401(k)s are ideal for self-employed individuals, offering higher contribution limits and exemptions from UBIT on leveraged real estate. Learning from credible sources and consulting professionals is essential to avoid costly mistakes in self-directed retirement planning Resources from Adam | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37424955

Maximizing Credit Card Points for Luxury Travel 07/09/2025

Maximizing Credit Card Points for Luxury Travel Welcome back to another episode of The Richer Geek Podcast! Our guest today is Spencer Howard, credit card royalty program and travel rewards expert and founder of Straight To The Points. Spencer shares his expertise on maximizing credit card points to unlock luxury travel experiences, from choosing the right cards to building a sustainable points strategy that won't damage your credit score. In this episode, we chat about… Spencer's Journey from Politics to Points Expert - How working at the US Travel Association sparked his obsession with travel rewards and led to building a full-time business around credit card points strategy The Two-Sided Business Model - Spencer explains his newsletter service for finding business and first-class award space plus his travel advisor services for luxury ground experiences Transferable Points Strategy - Why starting with flexible points currencies like Chase Ultimate Rewards and Capital One Miles beats airline-specific cards for most travelers The Three Approaches to Credit Cards - Breaking down the "Keep It Simple" (1-3 cards), "Hub and Supplement" (4-6 cards), and "Maximalist" (continuous new cards) strategies Credit Score Myths Debunked - How responsible points enthusiasts maintain 750+ credit scores while regularly opening new cards through strategic management Key Takeaways: Start with transferable points programs rather than airline or hotel-specific cards to maximize flexibility and redemption options across 15+ different airlines Focus on bonus categories that align with your spending - Cards like Amex Gold (4x groceries) and Citi Premier (3x travel/gas/groceries) can accelerate point earning Maintain excellent credit hygiene - Keep oldest cards open, pay balances in full every month, and don't attempt this strategy unless you have a 700+ credit score Signup bonuses are the fastest way to earn points - New card bonuses typically offer more points than you can earn through regular spending over months Choose your involvement level - Whether you prefer a simple 1-3 card setup or become a maximalist earning machine, there's a points strategy that fits your lifestyle and effort level Resources from Spencer | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37344055

Revolutionary Banking Strategy That Pays Off Debt 4X Faster with Bill Westrom 07/02/2025

Revolutionary Banking Strategy That Pays Off Debt 4X Faster with Bill Westrom Welcome back to another episode of The Richer Geek Podcast! Today, we're exploring a revolutionary banking strategy that's completely changing how Americans save, invest, and conquer debt. Forget everything you thought you knew about traditional banking – it's time for a major financial upgrade. Our guest, Bill Westrom, co-founder and CEO of TruthInEquity.com, brings 30 years of invaluable banking and lending experience to the table. He's here to expose how the traditional financial system often fails families and, more importantly, how to fix it. Bill will explain his innovative "credit line banking" approach, a powerful method that has helped families pay off debt up to four times faster, transforming financial stress into clarity and control. In this episode, we chat about… America's Debt Reality Check: We'll challenge the common perception of $18 trillion in consumer debt and explore how modern living expenses have fundamentally shifted, making traditional financial advice less effective. The Truth About Credit Card Payments: Uncover the hidden mechanics behind how credit card companies calculate minimum payments and why strictly adhering to their terms can keep you trapped in a cycle of never-ending debt. Credit Line Banking Fundamentals: Get a clear explanation of this game-changing strategy: banking directly out of a credit line instead of a traditional checking account to leverage your income just like the big banks do. The Money Flow System: A step-by-step breakdown of how to strategically move your income into credit lines to suppress balances and dramatically slash interest costs. Bill Payday Strategy: Learn why consolidating all your bill payments to a single day each month can unleash the maximum debt-crushing power of your income. The Payoff Formula: Discover a simple, powerful calculation that allows you to predict exactly how fast you can pay off any debt: Balance ÷ Surplus = Payoff Timeline. Key Takeaways The Problem with Banks: Your money helps banks make money, while you pay high interest on your debts. The Credit Line Answer: Using a credit line lets you use your own money to lower debt faster and pay less interest. You're in Control: This method puts you in charge of your debt payoff, not the bank. Resources from Bill | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37250560

The Evolution of Luxury Vacation Rentals with Stephen Petasky 06/25/2025

The Evolution of Luxury Vacation Rentals with Stephen Petasky Welcome back to The Richer Geek Podcast! Today’s guest is Stephen Petasky, CEO and Founder of The Luxus Group. For the past 17 years, Steve and his team have helped deliver over 20,000 luxury vacations across North and Central America, the Caribbean, and Tuscany. Steve shares how The Luxus Group creates a high-end, consistent travel experience and works with global luxury brands to deliver real value.Whether you're a real estate investor, a vacation rental owner, or just love traveling in style, this episode gives you real insights into the future of luxury travel and hospitality. In this episode, we chat about… How It Started: The personal story that led to building a luxury vacation rental business, before Airbnb. Solving Inconsistency: How The Luxus Group delivers hotel-level standards in vacation homes. Syndication Strategy: Using early investments to buy high-end properties and offer better experiences. Luxury Tiers Explained: What “accessible luxury” vs. “ultra-luxury” means in today’s rental market. Regulations Impact: How short-term rental laws in places like Las Vegas and Maui affect property owners. Professional Management Wins: Why expert property management leads to higher income and fewer headaches. Key Takeaways Demand for Certainty: There's a strong need for consistent, hotel-like experiences in vacation rentals. Luxus Group tackles the inconsistency found in major platforms by enforcing strict brand standards, from linens to kitchen amenities, boosting customer loyalty and repeat bookings. Professional Management Benefits: Self-managing rentals can lead to pitfalls in a changing market. In contrast, expert property management by Luxus Group uses revenue optimization strategies and thorough property care to protect assets and can generate 10-40% or even up to 50-60% higher revenue. Regulations Create Opportunity: Increasing short-term rental rules in places like Las Vegas and Maui reduce overall supply. For legally compliant properties, this shift can drive higher revenues and property values, emphasizing the importance of adhering to local regulations. Resources from Stephen | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37137725

From Oil Fields to Financial Freedom Through Real Estate 06/18/2025

From Oil Fields to Financial Freedom Through Real Estate Looking to turn your career experience into real estate success? In this episode of The Richer Geek Podcast, Casey Gregersen shares how he went from working in the oil fields to building wealth through real estate. How did Casey make the leap from a corporate job to owning fitness studios and launching Bighorn Capital Fund? You’ll learn why he chose Wyoming as his market, how his engineering background gives him an edge, and how passive investing can help you reach financial freedom. Curious how you can get started too? Tune in and find out! In this episode, we’re discussing… From Petroleum Engineer to Real Estate Mogul: Casey recounts his fascinating career shift from working on oil rigs for Shell Oil Company to building a thriving real estate investment business. The "Why" Behind the Move: Discover the pivotal moment that inspired Casey to prioritize family and pursue financial freedom through real estate, even while maintaining a successful career in oil and gas. An Engineer's Edge in Real Estate: Learn how Casey's background in engineering, with its emphasis on mathematics, underwriting, and process-oriented thinking (SOPs), has been a significant asset in his real estate ventures. Why Wyoming? Casey reveals the strategic advantages of investing in the Wyoming real estate market, including lower competition and a unique market dynamic that offers consistent stability and cash flow. Untapped Potential in the Cowboy State: Explore the specific types of real estate opportunities Casey is pursuing in Wyoming, from single-family homes to value-add multifamily properties, and how he leverages local insights with modern investment strategies. Bighorn Capital Fund: Get an inside look at Casey's Bighorn Capital Fund, designed for accredited investors seeking passive income and wealth building through strategic real estate investments, offering both debt and equity opportunities. Helping Others Achieve Financial Freedom: Casey shares his passion for empowering other professionals, particularly those in demanding W-2 jobs, to achieve their passive income goals by partnering with his fund. Resources from Casey | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37051600

Beyond the W-2: How to Achieve Real Estate Lifestyle Freedom 06/04/2025

Beyond the W-2: How to Achieve Real Estate Lifestyle Freedom Welcome to another episode of The Richer Geek Podcast! It's June already, can you believe we're almost halfway through the year? If you're feeling that mid-year slump, perhaps even dreaming of building a life you don't need a vacation from, then get ready to be inspired and gain ideas from this conversation. We're joined by Jeremy Beland, a real estate investor and co-founder of REI Freedom. At 40, Jeremy boldly sold his townhouse, downsized, and used the equity to begin his wholesaling journey, ultimately achieving 450+ off-market acquisitions and $10 million in gross profits. Now, managing multi-million dollar businesses (NH Home Buyers, Coastal Florida Home Buyers) and running the REI Freedom Coaching Program, Jeremy is passionately dedicated to helping others achieve financial freedom. Tune in to learn how Jeremy built multi-million dollar businesses and helps others escape the W-2 grind. In this episode, we're discussing... From Rock Bottom to Riches: Hear Jeremy's raw and inspiring story of rebuilding from financial ruin after the 2009-2010 recession, driven by an intense motivation to escape poverty forever. The Audacious Start: Learn exactly how Jeremy leveraged just $17,000 in home equity at age 40 to kickstart his real estate journey, quickly turning it into significant profits and building foundational success. Action Over Perfection: Understand why taking massive and imperfect action is the fastest path to achieving your real estate goals, even when you don't have all the answers. Mentorship is Your Midas Touch: Discover why Jeremy, despite his immense success, continually invests hundreds of thousands of dollars in expert coaches and mentors. This insight is key to his 450+ off-market transactions and $10 million in gross profits. Designing a Life of Freedom: Explore the core philosophy behind building a real estate business that grants you time freedom and the ability to work from anywhere in the world, breaking free from the traditional W-2 handcuffs. REI Freedom: Your Coaching for Lifestyle Investing: Get an inside look at Jeremy's specialized coaching program, designed to teach you sales acquisition strategies and convert leads into profitable deals, all while focusing on a balanced, free lifestyle. Navigating the Nuances of Off-Market Deals: Gain practical insights into the complexities of working with distressed sellers and properties, emphasizing problem-solving and providing true value beyond just the transaction. Leveraging Private Lending for Accelerated Growth: Learn how high-net-worth individuals can partner with experienced real estate investors like Jeremy for strong, consistent returns on their capital, offering a dynamic alternative to traditional investments. Resources from Jeremy | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36844655

Rethinking Wealth When Kids Aren’t in the Plan 05/28/2025

Rethinking Wealth When Kids Aren’t in the Plan Welcome back to The Richer Geek Podcast! Today, we’re switching things up with a powerful conversation on redefining wealth and lifestyle. Our guest is Bri Conn, Chief Experience Officer at Childfree Wealth®, a life and financial planning firm dedicated to helping childfree and permanently childless people design a life they love. Bri shares her journey into this unique space, the principles behind their approach, and how the FILE (Financial Independence, Live Early) philosophy encourages living fully, now, not just in retirement. It’s time to rethink what financial freedom really means. In this episode, we’re discussing… Why Child-Free Financial Planning Is Different: Traditional money strategies often don’t reflect the goals of those without children, like the desire for experiences over inheritance. Start With Life, Then Build the Finances Around It: Discover how leading with your ideal lifestyle can shape a more purpose-driven financial plan. Understanding the FILE Philosophy: Financial Independence, Live Early promotes reducing work-related stress now to make room for joy and freedom long before retirement age. You May Need Less Than You Think: Learn why many child-free individuals overestimate retirement needs based on outdated assumptions. Early Planning = More Freedom: The earlier you start, the sooner you can travel, give, create, or pursue passion projects without financial stress. Spending & Giving With Intention: Bri offers a practical strategy, matching your fun spending with charitable giving to overcome guilt and create impact. Being a Supportive Ally: Understand how to support child-free individuals without making assumptions about their lives or finances. Tools & Resources for Child-Free Living: From financial checkups to lifestyle design coaching, explore what’s available to help you build a life you love. Resources from Bri | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36743330

From Duplexes to Millions: Building a Multifamily Empire 05/21/2025

From NFL Field to Finance Titan: The Unconventional Playbook for Building Wealth & Legacy 05/14/2025

From NFL Field to Finance Titan: The Unconventional Playbook for Building Wealth & Legacy Ever wondered how a Super Bowl champion pivots from the gridiron to the world of finance and venture capital? Join us as we dive deep with former New Orleans Saints superstar Marques Colston, co-founder of Champion Venture Capital. Discover the secrets behind his unlikely transition, the mistakes athletes and everyday individuals make in wealth management, and his how-to guide for building a lasting legacy. Marques shares his unique perspective on identifying game-changing opportunities in sports tech, real estate, and beyond, and reveals how CVP is democratizing access to this traditionally exclusive asset class for everyone. Don't miss this inspiring episode packed with insights on strategic diversification and the future of fan engagement—you can't afford to stay on the sidelines! In this episode, we’re discussing… Early Financial Literacy is Crucial: Even during a successful athletic career, planning for the future and seeking sound financial advice is paramount for a smooth transition. Transferable Skills Drive New Ventures: The discipline, work ethic, and ability to connect with people honed in professional sports can be powerful assets in the business world. Strategic Investing Bridges Passions and Profits: Aligning investment strategies with personal interests, like sports, can create a deeper understanding and connection to opportunities. Democratizing Access to Exclusive Markets: Champion Venture Capital aims to break down barriers, allowing both accredited and non-accredited investors to participate in the lucrative sports investment ecosystem. Value-Driven Partnerships are Key to Success: Beyond capital, a strong team with operational expertise and genuine engagement with portfolio companies drives significant growth. The Future of Fan Engagement is Immersive: Expect groundbreaking technologies like VR/AR and enhanced data analytics to revolutionize how fans experience sports. Resources from Marques Colston | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36558365

Strengths Over Struggle: How Coaching Unlocks Your True Leadership Potential 05/07/2025

Invest in the Future: Pre-IPO Access & the AI Boom 04/30/2025

Invest in the Future: Pre-IPO Access & the AI Boom Think pre-IPO investments are just for billionaires? Think again. Welcome back to another episode of The Richer Geek Podcast! Today’s guest is Mike Ivancie, CMO at UpMarket, an alternative investment platform that’s opening the door for accredited investors to access private market opportunities once reserved for the ultra-wealthy. Since 2019, UpMarket has helped individuals invest over $150 million into assets like pre-IPO shares in SpaceX, Neuralink, Stripe, and OpenAI, as well as hedge funds, private equity, and real estate. Mike’s mission is to break down barriers and grow the platform to over $1 billion in transactions. Before joining UpMarket, he led growth at CNote, an impact investment platform, where he helped raise over $100 million for underserved communities In this episode, we’re discussing… Democratizing Alternative Investments: Upmarket provides accredited investors access to private market opportunities, including pre-IPO companies, private equity, and private debt. Accessing Pre-IPO Giants: Learn how you can potentially invest in high-growth companies like OpenAI, SpaceX, and Anthropic before they go public. Understanding the Investment Process: Mike explains the mechanics of investing through UpMarket, from minimum investment amounts to the process of potential liquidity events like IPOs. Weighing the Pros and Cons: Gain insights into the potential benefits (high growth potential) and risks (illiquidity, higher fees) associated with pre-IPO and alternative investments. The AI Investment Landscape: Explore the current skepticism and future potential of AI investments, including the significant energy demands and potential industry shifts. Impact Investing Explained: Understand the definition and real-world utility of impact investing, considering the trade-offs between financial returns and social good. The Intertwined Future of AI and Energy: Discover the staggering projected energy consumption of AI data centers and the potential role of nuclear energy in meeting these demands. Getting Started with UpMarket: Learn how to explore investment opportunities and educational resources on the UpMarket website () and connect with Mike Ivancie directly. Resources from Mike Ivancie | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36370240

Avoid Year-End Surprises: Weekly Accounting for Financial Clarity 04/23/2025

Unlock Your $150M+ Real Estate Empire in Under 10 Years 04/16/2025

Unlock Your $150M+ Real Estate Empire in Under 10 Years Welcome back to The Richer Geek Podcast! Today, we talked with Mike and Bo, who figured out how to build a real estate business worth over $150 million in less than 10 years. They'll share the important steps, useful tips, and the right way of thinking to make it big in real estate. You'll learn how to find good real estate deals, understand the market, and avoid mistakes. This episode is your guide to changing your money future through smart real estate investing and building wealth. In this exciting episode, you'll hear from Mike and Bo, friends who've become successful real estate investors. They'll tell us their "secret recipe" for fast growth in real estate. From their special way of finding deals (looking at distressed, divorce, and estate sales) to using money wisely to grow their investments, they explain how working together made their money success even bigger. Forget about slow, normal ways to get rich in real estate – learn how to quickly build a large real estate collection and become financially free! In this episode, we’re discussing… Work Together to Grow Faster: Mike and Bo show how their friendship and different skills helped them achieve much more in real estate than they could have alone. Focus on Money Now and Good Deals: Their main plan is to buy properties that make money right away and find assets that are priced low (often by looking at distressed, divorce, or estate sales) to get the best returns. Use Other People's Money Wisely: They learned how to use loans early on and built trust with lenders, which allowed them to get more money to grow their business quickly. Take Action, Don't Just Think: Mike and Bo stress that it's important to start doing things and learn as you go, instead of just studying and being afraid to make a move. Put Business Money Back In: They used the profits from their other businesses to buy more real estate, which helped their wealth grow faster and faster. Help Others Succeed in Real Estate: Mike and Bo now offer advice and even partnerships because they want to help other people become financially free through real estate. Resources from Mike & Bo Text or Call Mike and Bo at (928) 605-4335 | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36185050

Zero Tax Bracket: How The Wealthy Legally Avoid Taxes 04/09/2025

Zero Tax Bracket: How The Wealthy Legally Avoid Taxes Are you tired of overpaying taxes and feeling like your wealth is constantly slipping away? In this eye-opening episode of The Richer Geek Podcast, we dive into the tax secrets used by the ultra-wealthy with Mark Miller, President of Hilton Tax & Wealth Advisors. For over 30 years, Mark has helped business owners, physicians, and high-net-worth clients save tens of millions in taxes while increasing their wealth by over $200 million. As a best-selling author of The Tax-Free Business Owner, he reveals how business owners can zero out their taxes just like Fortune 500 companies. Featured in top publications like The New York Times and Kiplinger’s Personal Finance, Mark’s insights will empower you to reduce your tax burden and accelerate your path to financial freedom. In this episode, we’re discussing… Beyond Basic Compliance: Don't mistake standard CPA services for proactive, advanced tax planning that can significantly reduce your tax burden. Family Office Strategies for Main Street: Learn how strategies historically used by the ultra-wealthy, like the Hilton family, are now accessible to a wider range of investors. The Power of a Formalized Tax Plan: Just like a business plan, a strategic tax plan is crucial for minimizing your biggest lifetime expense: taxes. Debunking Tax Myths: Understand that aggressive, legal tax planning doesn't necessarily increase audit risk and that IRS audits are often less intrusive than perceived. Safety First Investing: Discover the investment philosophy of the wealthy, prioritizing safety and security as the foundation for consistent, long-term returns. Actionable Strategies Exist: Explore advanced tax mitigation techniques beyond standard deductions and retirement contributions, potentially leading to a significantly lower or even zero tax bracket. Resources from Mark | | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36062995

Mobile Home Parks & Parking: Cash Flow Secrets 04/02/2025

Mobile Home Parks & Parking: Cash Flow Secrets Discover the hidden potential of mobile home parks and parking lots: two often-overlooked but highly profitable real estate assets. In this episode of The Richer Geek Podcast, seasoned Florida investor Kevin Bupp, host of Real Estate Investing for Cash Flow Podcast and bestselling author, pulls back the curtain on a powerful alternative to traditional real estate investment strategies. With over $300 million in real estate transactions and decades of experience, Kevin shares why he pivoted beyond single-family and multifamily properties. He breaks down the unique advantages of mobile home parks and parking facilities, including their stickier tenant base, lower maintenance demands, and resilience in shifting economic climates, making them a compelling option for consistent cash flow and long-term wealth. In this episode, we're discussing… Untapped Potential: Mobile home parks and parking lots offer lucrative, often overlooked real estate opportunities beyond traditional multifamily and fix-and-flip. Stable, Long-Term Holds: These asset classes are ideal for wealth preservation and consistent "mailbox money" with a long-term (10+ year) investment horizon. "Sticky" Tenants & Reduced Maintenance: Mobile home parks have lower turnover due to resident homeownership, and residents handle their own home maintenance. Operational Efficiencies: Fragmented "mom and pop" mobile home parks present opportunities for professional management to boost efficiency and revenue. Recession-Resistant Housing: Mobile home parks provide crucial affordable housing, making them more resilient during economic downturns. Straightforward Parking Investments: Parking lots and garages offer a simpler investment model with potentially lower maintenance needs. Passive Income Opportunities: Funds focused on these alternative assets provide passive income for investors seeking less hands-on management. Resources from Kevin | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/35972475

AI is Taking Jobs: Here’s How Franchising Can Secure Your Future 03/26/2025

AI is Taking Jobs: Here’s How Franchising Can Secure Your Future Tired of the corporate rat race? Welcome to The Richer Geek Podcast! Today, we are joined by Cliff Nonnenmacher, a former Wall Street banker turned franchise expert. Cliff shares how he built a multi-brand franchise empire and why franchising is the ultimate shortcut to wealth. Learn how to ditch the traditional 9-to-5, leverage proven business models, and invest in recession-proof, AI-proof, and Amazon-proof industries like skilled trades, pet services, and biohacking. Discover the critical mistakes to avoid, the value of a franchise consultant, and the trending sectors that are booming. In this episode, we’re discussing… From Wall Street to Franchising: Cliff's entrepreneurial leap from Wall Street investment banking to master franchising was fueled by a desire for autonomy and the discovery of franchising's scalable potential, highlighted by his "bad boss" moment and understanding the multi-tiered franchise model. Why Franchising Wins: Proven models, brand power, and higher EBITDA multiples. Trending & Recession-Proof Franchises: Investing in recession and AI-proof sectors like biohacking/wellness, skilled trades, pet services, and senior care, capitalizing on current trends and demographic shifts, is crucial for long-term franchise success. Avoiding Pitfalls: Rigorous due diligence, strategic franchise consultant guidance, and avoidance of emotionally driven decisions, particularly in volatile markets like food, are essential to mitigate risks and protect wealth. The Food Industry Trap: Why rising costs make food franchises risky in today’s market. Time and Mindset: A disciplined, risk-aware mindset, understanding franchise timelines, and managing personal guarantees are critical for navigating the evolving business landscape, including the impact of AI. The value of Franocity: Franocity provides invaluable educational resources and personalized guidance, empowering individuals to make informed franchise investment decisions. Resources from Cliff Nonnenmacher | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/35866410

Stop Losing Deals: How to Raise Unlimited Private Money Without Asking 03/19/2025

Stop Losing Deals: How to Raise Unlimited Private Money Without Asking Struggling to fund your real estate deals because banks keep saying no? In this episode of The Richer Geek Podcast, learn how to raise unlimited private money without ever asking. Say goodbye to traditional loans and slow approvals, and discover how to secure funding on your terms. Our guest, Jay Conner, has been a real estate investor since 2003, rehabbing over 450 homes and averaging more than $71,000 in profit per deal. With over $52 million in completed real estate transactions and experience mentoring more than 2,000 investors, Jay is a leading expert in private lending. He shares his proven system for attracting private lenders, building long-term funding relationships, and automating a seven-figure real estate business. Stop leaving money on the table and discover the strategies top investors use to scale their portfolios, secure private capital, and achieve financial freedom. In this episode, we’re discussing: The Power of Private Money: Jay discovered private money after banks stopped lending to him, transforming his real estate business. Raising Millions Without Asking for Money: He developed a system to attract private lenders by educating them on safe and secure high-return opportunities. The Impact of Losing a Line of Credit : A sudden loss of bank funding in 2009 forced Jay to find alternative financing, which led to his breakthrough. Leveraging Self-Directed IRAs: Many private lenders use self-directed IRAs to fund deals tax-free or tax-deferred, a strategy unknown to most investors. Teaching, Not Selling: Instead of asking for money, Jay educates potential lenders on how they can benefit from private lending. Hosting Private Lender Luncheons: He raised nearly $1M in a single luncheon by providing value and explaining the opportunity. The “Good News” Call Strategy: Once a lender is educated, Jay calls with a deal, assuming they’re ready to fund, removing any sense of desperation. Business Growth During a Financial Crisis: While others struggled in 2009, Jay’s access to private money allowed him to triple his business. Learn the private money process: Jay offers a 7-day "Private Money Challenge" at privatemoneychallenge.com, for step-by-step training. Resources from Jay Conner | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/35773325

Turning Websites into Sales Machines 03/12/2025

Turning Websites into Sales Machines Welcome back to The Richer Geek Podcast! This week, we explore the highs and lows of entrepreneurship and uncover the secrets to building high-converting websites that drive real results. Our guest, Peter Guirguis, founder of SwiftPress Support, shares hard-earned lessons from business failures and reveals the key elements of high-converting landing pages, the evolution of SEO in the AI era, and the future of strategic web hosting. Plus, we discuss how video content and AI trends like AI agents are reshaping digital marketing. In this episode, we’re discussing… Entrepreneurial Resilience: Peter's journey highlights the importance of perseverance, learning from failures, and the value of supportive relationships. His story emphasizes that success often comes after multiple setbacks. Landing Page Essentials: The hero section is crucial for capturing attention and speaking to the prospect's problems. Effective landing pages guide users seamlessly to the next step, maximizing conversions. SEO & AI Evolution: While Google remains dominant, AI is transforming search behavior. Building authority through quality content and obtaining backlinks is vital for improving DR ratings. AI content should be used as a template, not a replacement for original, human-created content. Video Content Strategy: YouTube is a powerful platform for building brand authority and warming up potential clients. Video content fosters deeper connections than written articles. Strategic Web Hosting: Investing in reputable web hosting is essential for website security and performance. Cheap hosting can expose your site to vulnerabilities and negatively impact your online presence. AI Agents & Future Trends: AI agents will automate multi-step tasks, transforming workflows. Adapting to AI trends and acquiring new skills is crucial for staying relevant in the evolving digital landscape. SwiftPress Support: Focuses on building sales-driven websites and providing advertising services. They help small businesses and entrepreneurs create effective online presences. Conversion Optimization: Understanding and implementing strategies to improve website conversions is essential for business growth. Domain Authority: Domain age and backlink quality are important for establishing authority in Google's search rankings. Resources from Peter | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/35630055

From Busyness to Business: Scaling Smarter with AI, Delegation & CEO Strategies 03/05/2025

From Busyness to Business: Scaling Smarter with AI, Delegation & CEO Strategies Welcome back to another episode of The Richer Geek Podcast, and today we are joined by business strategist and 7-figure entrepreneur mentor Kareen Walsh! Kareen shares how she transitioned from self-employed consultant to scaling a thriving business that runs on just 10% of her time—while generating massive ROI. She reveals the keys to shifting from a "busyness" trap to true business ownership, leveraging your zone of genius, and implementing smart delegation strategies. Discover Kareen’s EVOLVE methodology for sustainable growth, the power of automation and AI in scaling, and her groundbreaking Hey Kareen® AI App, designed to provide on-demand coaching. Learn how to identify your role as a CEO—whether you’re a Creator, Entrepreneur, or Operator—and build a business that aligns with your vision while setting yourself up for long-term success. In this episode, we’re discussing… Busy-ness vs. Business: Many entrepreneurs are trapped in "busy-ness" rather than actually running a business. The key is shifting from doing everything yourself to strategically leading and scaling. The Power of Delegation: If a task isn’t worth your time financially or energetically, delegate it. Entrepreneurs often resist letting go, but leadership means oversight, not micromanagement. Scaling with Strategy: Kareen challenged herself to reach seven figures using only 10% of her time. The shift? Thinking like a business owner rather than a service provider. The Fulfillment Factor Exercise: List and rank tasks by how much they fulfill you (1-10). Keep tasks above an 8, delegate anything below a 7, and eliminate tasks under a 5. Leveraging AI & Automation: Entrepreneurs don’t have to do everything manually. Automation, AI, and virtual assistants can free up time to focus on high-impact work. Coaching & Mentorship is Essential: Even successful business leaders continue learning and hiring mentors to gain perspective and grow. Scaling Impact with Innovation: Kareen created Hey Kareen® AI App to serve more people without stretching herself too thin, showing that growth comes from innovation, not just hard work. Resources from Kareen Walsh | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/35541285

E-Commerce Profitability: Data-Driven Growth 02/26/2025

E-Commerce Profitability: Data-Driven Growth In this episode of The Richer Geek Podcast, we are joined by Adam Callinan, founder of Pentane, an innovative e-commerce profitability system. Adam shares his journey from medical devices to creating the wildly successful BottleKeeper and how those experiences led to the development of Pentane. Discover how Pentane transforms raw e-commerce data into actionable insights, helping businesses of all sizes, especially early-stage consumer brands, achieve sustainable profitability. Learn how to move beyond guesswork and emotion and embrace a data-driven approach to your e-commerce strategy. Adam dives into the critical mistakes many businesses make, including arbitrary ad budgets and the hidden impact of fixed expenses, and how Pentane provides the tools to make informed decisions. In this episode, we’re discussing… E-commerce Success Formula – Adam Callinan, founder of Pentane, shares how understanding financial and customer acquisition metrics helped scale BottleKeeper into an eight-figure business with just four employees. The Power of Real-Time Data – Pentane provides a live dashboard integrating expenses, revenue, and ad spend to help e-commerce businesses make data-driven decisions instead of guessing. Optimizing Profitability – Businesses can set financial goals (e.g., a 10% net margin) and use Pentane’s system to backtrack the exact ad spend and revenue targets needed to achieve them. Beyond Trial & Error – Many e-commerce brands operate blindly, throwing money at ads without knowing their impact. Pentane replaces uncertainty with precise, actionable insights. Who It’s For – Ideal for early-stage consumer brands (<$20M revenue) looking for clarity in their financial and marketing strategies. No Long History Needed – While lifetime value metrics require 12 months of data, most of Pentane’s insights can be leveraged immediately with accurate financials. Resources from Adam | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/35433030

Creative Real Estate Investing: Mastering Lease Options, Subject-To Deals, and Tax Advantages 02/19/2025

Creative Real Estate Investing: Mastering Lease Options, Subject-To Deals, and Tax Advantages Tired of the same old real estate investing strategies? It’s time to think outside the box! In this episode of The Richer Geek Podcast, we are joined by Andy Kiel to explore powerful strategies like lease options, subject-to-deals, and tax-friendly investment structures. Andy shares how he transitioned from the frustrations of traditional landlording to mastering innovative investment tactics that generate cash flow, reduce risk, and help buyers who don’t qualify for conventional loans. He breaks down how he finds and structures deals, partners with investors, and leverages tax benefits like Section 179 depreciation to maximize returns. With rising interest rates and a shifting market, creative financing is more important than ever. Whether you're an experienced investor or just getting started, this episode will give you insider knowledge to unlock hidden real estate opportunities and scale your portfolio—without relying on traditional bank loans. In this episode, we’re discussing… Lease Options: Unlock the power of lease options to attract renters who aspire to be homeowners—perfect for self-employed individuals or those with credit challenges. Andy explains why this hybrid approach offers flexibility and profitability. Subject-To Transactions: Learn how to acquire properties by taking over existing mortgage payments—legally and ethically. Andy outlines how to avoid due-on-sale clause issues and structure deals the right way. Joint Venture Partnerships: Discover how strategic real estate partnerships can help you scale faster, whether you’re targeting immediate cash flow, long-term appreciation, or tax benefits. Tax Benefits & Section 179 Depreciation: Find out how savvy investors use Section 179 depreciation to maximize deductions on HVAC systems, roofs, and even mature landscaping—legally reducing their taxable income. Navigating the Market: Interest rates are rising, but opportunities still exist. Learn how to negotiate, structure deals, and create cash flow in today’s challenging real estate landscape. Finding Deals & Creative Financing: Andy reveals where he sources off-market deals—from wholesalers to realtors—and how he secures properties using seller financing, subject-to strategies, and joint ventures. Compounding Wealth: Understand the power of reinvesting cash flow to grow your portfolio steadily and build long-term financial freedom. Second-Chance Homeownership: Real estate investing isn’t just about profits—it’s also about helping families achieve homeownership when traditional lenders say no. Resources from Andy | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/35345315

Patent Power: Protecting Your AI Innovations 02/12/2025

Water is the New Gold: Decentralized Water's Future & Investment 02/05/2025

Water is the New Gold: Decentralized Water's Future & Investment Water is becoming one of the most valuable resources of our time, yet the industry remains outdated, centralized, and struggling to meet growing global demands. In this episode of The Richer Geek Podcast, we are joined by Riggs Eckelberry, a nationally-renowned entrepreneur and the founding CEO of OriginClear, who is on a mission to transform the water industry through decentralized solutions and innovative investment opportunities. With a background spanning technology, nonprofit leadership, and oceangoing navigation, Riggs brings a unique perspective to fixing a broken system. He’s pioneering modular, plug-and-play water treatment systems, creating new ways for businesses and investors to participate in this essential market. In this episode, we're discussing... The water industry is facing a crisis: Aging infrastructure and increasing demand are creating a significant funding gap, leading to more frequent water main breaks and other problems. Decentralized water solutions are key: Treating water at the source (industrial, agricultural) relieves pressure on municipal systems and allows for greater water recycling. OriginClear's modular systems offer a solution: Their plug-and-play water treatment pods simplify the process for businesses and reduce upfront costs. Water-as-a-service is a game-changer: This model eliminates the need for businesses to invest in expensive equipment, making water treatment more accessible and affordable. It also creates a recurring revenue stream for investors. Investing in water is a smart move: The water industry is ripe for disruption, offering a unique investment opportunity with potential for high returns and positive environmental impact. Multiple investment options exist: OriginClear offers both crowdfunding (Reg A+) and accredited investor opportunities, making it accessible to a wide range of investors. Water stablecoins are on the horizon: This innovative financial instrument could further revolutionize the water industry by creating a more stable and transparent market. OriginClear is leading the charge: They are not only developing technology but also creating financial models and partnerships to drive widespread adoption of decentralized water solutions. Resources from Riggs | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/35159595

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