The Path to Wellth with Hannes Hennche

Hannes Hennche
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At the Path to Wellth, I interview accomplished individuals who have unlocked the secrets to living their best lives. Through their success stories and inspiring journeys, we empower listeners on their quest for a "Wellthy Life." Our show delves into diverse topics like mindset, careers, entrepreneurship, relationships, investments, and beyond.

  1. Episode 119: Nick Huber - Sweaty Start Up - Getting Rich doing Boring things

    29 APR

    Episode 119: Nick Huber - Sweaty Start Up - Getting Rich doing Boring things

    Summary In this conversation, Nick shares his journey as an entrepreneur, discussing the challenges of writing a book, the importance of confidence and grit, and the role of upbringing in shaping entrepreneurial traits. He emphasizes the necessity of sales skills, understanding employee dynamics, and the challenges of hiring. Nick also delves into the significance of delegation and empowerment in business, the current state of automation and AI, and future business opportunities. Throughout the discussion, he highlights the importance of human interaction and emotional intelligence in navigating the complexities of entrepreneurship.  Nick and Hannes explore the realities of entrepreneurship, emphasizing the importance of understanding business operations beyond passion. They discuss the challenges faced in various industries, particularly the restaurant sector, and highlight the significance of geography in identifying business opportunities. The dialogue also touches on the importance of competing on quality rather than price, the benefits of working with wealthy clients, and the ongoing journey of building wealth. They conclude by addressing the misrepresentation of entrepreneurship in online spaces, advocating for a more realistic portrayal of the challenges involved. www.sweatystartup.com www.nickhuber.com www.sweatystartupbook.com www.somewhere.com www.boltstorage.com www.recostseg.com www.adrhino.com www.spidexx.com www.boldseo.com www.webrun.com www.titanrisk.com www.recruitjet.com www.hubermethod.com www.x.com/sweatystartup www.instagram.com/sweatystartup www.linkedin.com/in/sweatystartup Chapters 00:00 The Journey of Writing a Book 02:48 Building Confidence and Grit 05:59 The Role of Upbringing in Entrepreneurship 09:12 The Reality of Entrepreneurship 12:00 Identifying Entrepreneurial Traits 15:13 The Importance of Sales Skills 18:02 Understanding Employee Dynamics 20:46 The Challenge of Hiring 23:51 Delegation and Empowerment 26:46 Navigating Automation and AI 29:59 Future Business Opportunities 32:54 The Importance of Human Interaction 40:21 The Common Threads of Entrepreneurship 40:50 The Reality of Business Operations 42:09 Finding the Right Business Opportunities 43:57 Challenges in the Restaurant Industry 46:14 Identifying Local Business Opportunities 49:19 The Importance of Geography in Business 50:04 Framework for Finding Opportunities 51:50 Competing on Quality, Not Price 52:58 Upgrading Life with Wealth 54:55 The Journey of Building Wealth 57:07 The Reality of Entrepreneurship 59:22 The Misrepresentation of Entrepreneurship Online

    50 min
  2. Episode 118: Exploring Profitable Franchise Opportunities with James Hilovsky

    09/08/2024

    Episode 118: Exploring Profitable Franchise Opportunities with James Hilovsky

    In this episode, franchise broker James Hilovsky shares his journey from working in operations for a large corporation to founding his own franchise brokerage business. He highlights the advantages of owning a franchise, including the support and guidance provided, established branding and systems, and access to investment opportunities. James is dedicated to helping entrepreneurs and sports professionals achieve their business ownership dreams. With his expertise in franchise matching and thorough due diligence, he transforms entrepreneurial goals into successful franchises. Connect with James Hilovsky on LinkedIn https://www.linkedin.com/in/jhilovsky/. Take their Business Assessment at The FranDream website https://www.thefrandream.com/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/episode-118-exploring-profitable-franchise-opportunities/id1625806145?i=1000664816145 ✅ Youtube → https://youtu.be/RFYZYRTaY1Y Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps 02:00 James Hilovsky's Money Mindset 03:42 The Benefits of Owning a Franchise 06:17 Doing Your Due Diligence in Franchise Selection 08:35 The Importance of Support in Franchise Success 12:07 Understanding Franchise Fees 14:46 Recommended Franchise Options: Dog Grooming and Muscle Recovery 24:35 Exploring Franchise Opportunities 28:32 Profitable Franchise Options 33:03 Specialized Franchise for Teslas 35:40 Challenges of the Restaurant Business 39:19 The Role of Franchisees in Success 41:22 The Importance of Effort in Coaching 44:43 The Role of a Franchise Broker Sound Bites "Bet on yourself, put that fear aside and try it." "Franchising provides a tangible path to entrepreneurship with support and branding." "Having a call center as a back office is powerful for manpower operations." "Indoor golf studio with 24/7 access, all automated, great for passive ownership." "At the end of the day, it's a business, it's a risk, and you're going to succeed or not because of the team you put in place and the kind of effort that you put in and how you teach your team." #thepathtowellth #realestateinvesting #realestate #multifamily #podcast #moneymindset #franchise #business #investment #duediligence #franchisebroker

    45 min
  3. Episode 117: The Investor’s Playbook: Stability, Growth, and Collaboration in Real Estate

    02/08/2024

    Episode 117: The Investor’s Playbook: Stability, Growth, and Collaboration in Real Estate

    In this episode, Bradley Bunin discusses his business mindset and why he chose real estate as his investment focus. He explains how to create passive income, the benefits of real estate investing, and its tax advantages. Bradley also addresses housing affordability, the need for landlord-tenant collaboration, and the importance of controlling your time, making an impact, and nurturing personal relationships. Bradley Bunin is the VP of Acquisitions Finance at Buy Coastal. His career includes roles as a mortgage banker, consultant at Ash Ryben Consulting, multifamily real estate investor, soccer team franchisee, and multi-unit owner of 100% Chiropractic. Visit the Buy Coastal website https://buycoastal.org/brad-bunin/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/episode-117-the-investors-playbook-stability-growth/id1625806145?i=1000664116640 ✅ Youtube → https://www.youtube.com/watch?v=7cXzMjlI0Eo Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps 00:00 The Journey to a Money and Business Mindset 01:49 Honing in on Real Estate as an Investment Focus 03:23 The Importance of Confidence and State Management 05:24 The Benefits of Real Estate Investing 12:44 Challenges and Solutions in Housing Affordability 25:12 Understanding Both Sides and Finding Common Ground 26:10 The Additional Costs Faced by Landlords 27:30 The Fluctuating Value of Money 29:49 Making Choices and Leveraging Time or Money 33:20 The Mindset of Success: Growth and Challenge Sound Bites "You don't need money to get into real estate." "Whatever you believe about yourself, you're right." "When you've seen both sides, you are best qualified to have those common ground conversations or at least have an open mind." "Real estate's always going to go up in the long term. It always will. So will rent, so will wages, so will income." "You need to either leverage time or leverage money." #thepathtowellth #realestateinvestment #moneymindset #realestateinvesting #taxbenefits #housingaffordability #collaboration #passiveincome #growthmindset

    48 min
  4. Episode 116: Unmasking Healthcare: Real Doc Speaks on Insurance, Private Equity, and Patient Challenges

    26/07/2024

    Episode 116: Unmasking Healthcare: Real Doc Speaks on Insurance, Private Equity, and Patient Challenges

    In this new episode of The Path to Wellth, Real Doc Speaks, a dedicated physician and co-founder of Physicians for Responsible Government (PRG) in Wisconsin, discusses the medical and insurance landscape from a doctor's perspective. He highlights how insurance and the healthcare system can exploit patients and affect their wealth. He also discusses the role of private equity in healthcare and the challenges patients face in making informed decisions about their care. Connect with Real Doc Speaks on Twitter https://x.com/realdocspeaks Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/episode-116-unmasking-healthcare-real-doc-speaks-on/id1625806145?i=1000663443414 ✅ Youtube → https://youtu.be/B9XwtBcbvFo Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps 00:00 The Evolution of the Healthcare System 01:17 The Impact of the Affordable Care Act 02:12 Manipulating the Medical Loss Ratio 04:10 The Role of Private Equity in Healthcare 13:46 Challenges in Making Informed Decisions 20:15 The Importance of Precise Surgical Decisions 24:15 Making Financially Sound Decisions for Surgeries 27:07 Navigating the Complexities of the US Healthcare System 41:50 The Role of Technology in Revolutionizing Healthcare 45:13 The Importance of Patient Advocacy and Ownership in Healthcare Sound Bites "Where is the insurance taking advantage of us? And where is the medical system taking advantage of us?" "The medical loss ratio is a rule that says that an insurance company must spend anywhere between 80 to 85% of the premium on patient care." "Private equity rolled up into that. Private equity also has bought a lot of hospitals and rolled those up." #thepathtowellthpodcast #financialfreedom #healthcare #medicallandscape #insurance #healthinsurance #HMOmodel #privateequity

    58 min
  5. Episode 115: From Foster Care to Financial Freedom: Jim Biggs on Money Mindset and Mentorship

    19/07/2024

    Episode 115: From Foster Care to Financial Freedom: Jim Biggs on Money Mindset and Mentorship

    In the latest episode, Jim Biggs shares his inspiring journey of developing a money mindset, from his challenging childhood in foster care to his pursuit of financial success through inspirational reading and real estate mentoring programs. He discusses the importance of finding the right deal and the barriers that often prevent real estate investors from getting started and emphasizes the importance of embracing discomfort and hard work to achieve success. Jim Biggs is the founding partner of Jiroma Enterprise, specializing in syndication and investing in medium to large multi-family apartments. He also leads The GOB Network of Apartment Investors, a non-profit educational platform focused on commercial real estate. Tune in to get inspired by how Jim shares his vision for a world where everyone has the opportunity to create generational wealth and live a happy life.   Connect with Jim Biggs on LinkedIn https://www.linkedin.com/in/jimbiggs1/ Visit his websites at GOBNetwork.com and GOBFund.com. Book a complimentary one-hour coaching call with me, valued at $1000 https://www.gobnetwork.com/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/episode-115-jim-biggs-on-money-mindset-real-estate/id1625806145?i=1000662732374 ✅ Youtube → https://youtu.be/gHAIpycoEU4 Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps 00:00 Money Mindset Journey 03:13 Slow Learning and Embracing Failure 12:28 The Birth of the GOB Network 15:20 A Spiritual Experience: Reflection and Giving Back 20:40 Finding Fulfillment in Teaching and Coaching 24:13 Overcoming Barriers in Real Estate Investing 26:37 The Challenges of Partnerships and Pricing Tiers 30:46 The Pitfalls of Short-Term Thinking 35:53 The Importance of Ethical Sales Practices 39:19 The Complexity of Life and Personal Success 41:11 The Single Digit Percentage of Exceptional Lives 45:24 Creating Generational Wealth and Eradicating Poverty 47:12 The Power of Education and Inspiration 50:37 Connecting with Jim and the GOB Network Sound Bites  "I want to make a lot of money so I never have to be poor again." "It's not always about how many business cards you collect. It's really about how many of them you follow up on and make a real connection." "The best way to get a great return on investment from your coaching program is to embrace the fact that it's still up to you to get out of it what you want." #thepathtowellth #realestate #realestateinvestment #commercialrealestate #investment #mentorship #education #learning #moneymindset #wealthbuilding #generationalwealth #givingback

    49 min
  6. Episode 114: Commercial Real Estate in a VUCA World

    13/07/2024

    Episode 114: Commercial Real Estate in a VUCA World

    In this latest episode of The Path to Wellth, Joe Brady, a commercial real estate expert, discusses his career journey and the major shifts happening in the industry. Joe highlights the need to invest in healthy ecosystems and for commercial real estate to adapt to our fast-paced, technology-driven world. He also discusses the transformation of the office sector and the rise of remote work. Tune in to learn the current trends in retail and flexible office spaces and how to create thriving commercial environments in a VUCA world. Joe Brady is a US-based commercial real estate expert who had a front-row seat in the evolution of retail, from brick and mortar to omnichannel, and is now seeing the same forces at play in office real estate. Having served in several senior roles at major companies, Brady has been on the cutting edge of accelerating technology, changing consumer behavior, and evolving real estate. Connect with Joe Brady LinkedIn https://www.linkedin.com/in/joebrady03/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/episode-114-commercial-real-estate-in-a-vuca-world/id1625806145?i=1000662083775 ✅ Youtube → https://youtu.be/Bd6qTSTeT5I Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps 00:00:32 - Discovering a Passion for Real Estate Development 00:06:22 - Relationships as a Career Pillar 00:08:40 - Shifts in Commercial Real Estate 00:10:03 - Impact of Technology on Retail 00:11:19 - Flexible Office Space and the Pandemic 00:13:07 - Consumer Behavior and Omni-channel Retail 00:24:46 - Life-work Balance Post-pandemic 00:25:56 - Spectrum of Remote Work Discipline 00:29:35 - Multifamily Developments and Co-working Spaces 00:31:43 - Investing in Commercial Real Estate 00:32:54 - Healthy Ecosystems for Investment 00:36:58 - Challenges in Retrofitting Office Buildings 00:38:27 - Examples of Successful Urban Developments 00:39:06 - Live, Work, Play Ecosystems 00:40:42 - Office Asset Class and Financing 00:46:07 - VUCA World and Flipping VUCA 00:47:57 - Investing in Daily Needs Retail 00:51:16 - Pop Culture Influence on Real Estate Sound Bites "As long as you're not a jerk, as long as you're fair to people, you can accumulate great people, great friendships, great connections that can help you in many aspects, personally and professionally." "The fact that commercial real estate is still measured in terms of five and 10-year increments compared to the world we live in now, which by any account is measured in terms of weeks or months." "The office sector was having a retail moment." "Purposeful presence over passive attendance." "What is our vision? Uncertainty to understanding, complexity to clarity, and my favorite is ambiguity to agility." #thepathtowellth #realestateinvestments #realestate #commercialrealestate #investment #VUCA #success #mindset #healthyecosystem

    50 min
  7. Episode 113: From House Hacking to Development: Real Estate Scaling and Mindset Shift

    05/07/2024

    Episode 113: From House Hacking to Development: Real Estate Scaling and Mindset Shift

    In this episode, Zach Matson shares his real estate journey starting with reading "Rich Dad Poor Dad" and attending weekend seminars while working full-time. After moving to Boise in 2011, he decided to buy his first house during the market downturn post-2009 financial crisis. Despite facing challenges with cash buyers, he persisted and eventually bought his first duplex in 2013 for house hacking.  Zach Matson is the CEO of Matson Homes, a residential real estate developer focusing on infill development in the Boise area. Tune in to learn more from Zach's journey, mindset, and strategies in real estate construction and home-building. Connect with Zach on LinkedIn https://www.linkedin.com/in/zach-matson-206400a3/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/from-house-hacking-to-development-real-estate-scaling/id1625806145?i=1000661219105 ✅ Youtube → https://youtu.be/HI65FlBZoWk Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps [00:00:13] Discovering Real Estate through Rich Dad Poor Dad [00:06:23] Transition from flipping to development [00:09:30] Overcoming analysis paralysis in real estate [00:13:05] Overcoming challenges in real estate [00:17:05] Navigating government regulations in development [00:19:47] Government bureaucracy challenges [00:23:08] Affordable housing challenges [00:29:25] Development cost savings [00:32:51] Contractual commitments and quality assurance [00:37:16] Building long-term relationships with contractors [00:46:08] Mindset and Growth [00:49:31] Surrounding yourself with higher achievers Sound Bites "I originally started really by reading Rich Dad Poor Dad." "Ultimately, I wish like looking back. I wish I would have gotten into real estate sooner." "There's tons of information out there for free that you can just soak it all up, but at some point, you have just to put the foot on the gas and take a leap of faith" "The biggest question mark with development is all the government stuff." "If you have somebody who is a local expert, then they might even have existing relationships that can further crease the wheel a little bit." #thepathtowellth #realestate #investments #entreprenuership #financialfreedom #passiveinvesting #househacking #realestatedevelopment

    48 min
  8. Episode 112: Building Cash Flow and Wealth Through Website Investments

    28/06/2024

    Episode 112: Building Cash Flow and Wealth Through Website Investments

    In this episode, successful entrepreneur, mentor, and website investment expert Matt Raad shares his incredible business journey and strategies for building passive income streams using digital assets. Matt and his wife generated cash flow and wealth through buying, building, and renovating websites. Tune in to explore this innovative approach to investing and how it compares to traditional real estate and stock investments. Connect with Matt Raad on LinkedIn  https://www.linkedin.com/in/matt-raad/ Visit their website to learn more https://www.mattandlizraad.com/ Check out The Digital Investors Podcast https://www.digitalinvestors.com/podcast/ Enjoy this episode on your favorite podcast platform ✅ Apple → https://podcasts.apple.com/gb/podcast/generating-cash-flow-through-website-investments/id1625806145?i=1000660532120 ✅ Youtube →  https://youtu.be/az21Jrv24lI Let’s Stay Connected ✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/ Time Stamps 00:00:09 - Building Cashflow Through Websites 00:01:17 - Comparison of Cash Flows: Online vs. Real Estate 00:01:27 - Three-Step Process: Buy, Renovate, Hold/Sell 00:03:09 - Types of Websites: Information and Hobby Sites 00:04:02 - Domain Name as Virtual Real Estate 00:04:26 - Renovating Websites: Adding Value 00:05:20 - Opportunity in Neglected Websites 00:05:48 - Statistics on Active and Dormant Websites 00:09:39 - Costs and Benefits of Running a Website 00:11:52 - Micro Niches and Monetization 00:13:36 - Hiring Writers for Content Creation 00:14:52 - Content Strategy for Niche Websites 00:15:19 - Unique Niche: Private Chef World 00:21:00 - Cost of High-Quality Articles 00:25:02 - Learning Digital Skills and Starting Small 00:27:00 - Importance of Google Analytics in Due Diligence 00:29:05 - Setting Up Google Analytics 00:37:34 - Real Estate Content Competition 00:41:00 - Passive Revenue from Food Blogs 00:43:28 - Simplicity of Online Business Models 00:47:15 - Domain Valuation and Expertise Sound Bites "We fix them up with simple renovations, not major renovation. We're trying to buy quite simple websites." "Once you've got that knowledge to find those rundown online assets, there's a lot of opportunity." "Google Analytics is a powerful tool for determining the value of a website." "Start looking at the world in a certain way, which doesn't always serve us." #thepathtowellth #realestate #investments #websiteinvestment #virtualrealestate #googleanalytics #entreprenuership #financialfreedom #passiveinvesting

    52 min
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At the Path to Wellth, I interview accomplished individuals who have unlocked the secrets to living their best lives. Through their success stories and inspiring journeys, we empower listeners on their quest for a "Wellthy Life." Our show delves into diverse topics like mindset, careers, entrepreneurship, relationships, investments, and beyond.

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