Based Business With Parker McCumber

Parker McCumber

Business commentary and coaching based in rational thought and logic. Drawing on a foundation in business and military leadership, Parker McCumber shares perspective and insights that are beneficial for anyone interested in business, finance, and wealth. This podcast features co-hosts and interviews that bring a spectrum of knowledge and insight that adds real value for listeners. Occasionally discussing politics, social media, investing, family life, and more! About your host: Parker McCumber is a 2-Comma Club and 2-Comma Club X Award recipient who has been active in online business since 2017. Parker Holds an M.B.A. and is a commissioned officer in the Utah Army National Guard. Parker has served in the military since 2011, and draws on his military experience and his business experience to develop and enhance best practices for his partners, his clients, and himself. Parker is also a car enthusiast, enjoys trading in the stock market, investing in real estate, and investing in luxury goods.

  1. #44 Why Most Entrepreneurs Never Get Enough Leads | Tanen Bodell

    6d ago

    #44 Why Most Entrepreneurs Never Get Enough Leads | Tanen Bodell

    Lead generation, social media marketing, personal branding, entrepreneurship, local business growth, and authority building—Tanen Bodell and Parker McCumber break down what actually works to generate clients in today's market. In Part 2 of this conversation, Parker sits down with Utah real estate expert Tanen Bodell to discuss lead generation, authority building, social media strategy, AI, entrepreneurship, and why failure is one of the most important ingredients for success. Drawing from more than two decades in real estate and appraisal, Tanen explains why expertise still matters, how agents create value beyond simple transactions, and how becoming a hyper-local expert can outperform expensive lead-generation systems. One of the biggest takeaways? 👉 Most entrepreneurs don't have a lead problem—they have an authority problem. 💡 In this episode, you'll learn: • Why referrals aren't enough to scale a business • The three pillars of lead generation • How to become the go-to expert in your market • Why AI won't replace trusted professionals • The Authority Engine social media framework • What Meta's Andromeda update means for advertisers • Why content consistency beats perfection • How to monetize an entire business ecosystem • Why failure accelerates entrepreneurial growth • How to manage risk and variable income 🚀 Who this episode is for: • Entrepreneurs struggling to generate leads • Real estate agents and brokers • Service business owners • Content creators building authority • Local business owners • Anyone looking to grow through relationships and trust 🔗 Connect with Tanen Bodell: 🌐 Website: BodellRealEstate.com 📸 Instagram: @tanenb ⏱️ TIMESTAMPS 00:00 Failure Fuels Growth 00:22 Part Two Kickoff 02:27 Meet Tanen Again 03:17 Why Expertise Matters 08:05 AI Versus Agents 10:08 Client Process Walkthrough 11:55 Staging Reality Check 13:53 Lead Generation Pillars 17:36 Social Media Authority Engine 22:24 Paid Ads Andromeda Shift 28:00 Rookery Content Memberships 34:28 Podcast Leads Proof 36:28 Pricing Pays For Itself 36:54 Membership Upsell Math 37:28 Real Estate Commission Lens 38:18 Monetize The Ecosystem 38:58 Becoming Utah's Top Agent 40:53 Brokerage Teams And Support 45:34 Partnership Scaling Strategy 47:42 Just Start The Business 52:24 Risk, Fear & Identity Shifts 01:02:33 Failure Lessons From Sports 01:08:21 Budgeting The Ebb And Flow 01:10:56 Final Wrap & Next Steps #leadgeneration #entrepreneurship #socialmediamarketing #businessgrowth #personalbranding

    1h 12m
  2. #43 How to Get High-Paying Clients Without Spending a Dollar on Ads | Coty Barnum

    Jun 17

    #43 How to Get High-Paying Clients Without Spending a Dollar on Ads | Coty Barnum

    Networking, client acquisition, organic marketing, entrepreneurship, personal branding, and business growth—Coty Barnum explains how he built a successful detailing business without spending money on advertising. In this episode of Based Business, Parker McCumber sits down with Coty Barnum, founder of Slick Detailing Company, to discuss how networking, free work, referrals, and relentless outreach helped him build a thriving business serving high-end vehicle owners across Utah. Before launching Slick Detailing, Coty worked in construction, metal fabrication, and door-to-door sales. Those experiences taught him how to connect with people, build trust, and create opportunities long before he had a marketing budget. His biggest insight? 👉 The fastest way to grow a business isn't ads—it's relationships. 💡 In this episode, you'll learn: • How to get clients without running ads • Why doing free work can accelerate growth • The networking strategy that built Coty's business • How to attract high-value clients • Why referrals outperform most marketing • How to build authority through organic content • The benefits of memberships and recurring revenue • When to hire your first employee • Why most entrepreneurs quit too early 🚀 Who this episode is for: • Entrepreneurs trying to get more clients • Service business owners • Detailers and automotive business owners • Anyone building a business from scratch • Founders looking to grow organically 🔗 Connect with Coty Barnum: 🌐 Website: www.SlickDetailingCompany.com 📸 Instagram: @slickdetailingcompany 📘 Facebook: Slick Detailing Company 📞 Text: (702) 271-3081 ⏱️ TIMESTAMPS 00:00 Showcase Your Craft 00:40 Meet Coty Barnum 01:08 Two Year Milestone 03:24 From Sales to Detailing 05:07 Working for Free to Win 09:56 Trading Value for Mentorship 13:09 Targeting High-Value Clients 17:21 Efficiency Through Car Clubs 20:10 Why Expertise Protects Reputation 23:39 Services, Pricing & Memberships 26:38 Organic Growth Playbook 28:59 Authority Engine Content 35:15 Networking for Referrals 37:34 Start With What You Have 40:16 Start Before You're Ready 41:15 The Hustle Story That Built Trust 42:59 Grinding Through Limits 43:46 Hiring Your First Employee 48:26 Hiring Math and Trust 53:57 Content Strategy for Growth 56:18 Video Hooks & Testimonials 58:20 Final Thoughts & How to Connect #entrepreneurship #networking #businessgrowth #organicmarketing #smallbusiness

    1h 58m
  3. #42 Why Logic Doesn't Sell (Emotion Does) | Emmanuel Nnah

    Jun 9

    #42 Why Logic Doesn't Sell (Emotion Does) | Emmanuel Nnah

    Sales psychology, entrepreneurship, customer experience, luxury cars, relationship marketing, and business growth—Emmanuel Nnah explains why emotion drives buying decisions and how great businesses create customers for life. In this episode of Based Business, Parker McCumber interviews Emmanuel Nnah, founder of Car Guys Motors, about building a relationship-first dealership, selling high-end luxury and exotic vehicles, and creating a customer experience that extends far beyond a transaction. Before launching Car Guys Motors during COVID, Emmanuel worked in broadcasting and technology sales. After obtaining a dealer license and flipping vehicles on the side, he eventually took the leap into entrepreneurship—going nearly a year without paying himself while his wife supported the family. His biggest insight? 👉 People don't buy with logic—they justify emotional decisions with logic afterward. 💡 In this episode, you'll learn: • Why emotion drives purchasing decisions • How to sell without being pushy • The psychology behind closing deals • How to build trust with customers • Why customer lifetime value matters more than single transactions • How Emmanuel built Car Guys Motors during COVID • Lessons from going a year without taking a paycheck • Why relationships outperform traditional sales tactics • Building a luxury brand through customer experience 🚀 Who this episode is for: • Entrepreneurs looking to grow their business • Sales professionals wanting to close more deals • Business owners focused on customer retention • Car enthusiasts and luxury vehicle buyers • Anyone interested in entrepreneurship and business growth 🔗 Connect with Emmanuel Nnah: 🌐 Car Guys Motors 📸 Instagram: @carguysmotors 📍 American Fork, Utah ⏱️ TIMESTAMPS 00:00 Cars and Experience 00:37 Meet Emmanuel Nnah 01:32 Beyond Transactional Sales 02:11 Car Passion Origins 04:07 Chasing the Next Ride 05:23 Emotion Beats Logic 08:31 Urus and Ferrari Temptation 09:48 Skydiving Sales Analogy 12:42 No Pressure Selling 15:25 Starting Car Guys During COVID 18:45 Sacrifice Before Payday 23:32 Breaking Through Entrepreneurial Walls 25:20 Internal Barriers to Selling 26:53 Success and Imposter Syndrome 28:27 Mastermind Lessons 30:20 Networking Through Cars 31:41 Experiences and Family 32:31 Customer Experience Strategy 33:35 Service and Transport Expansion 36:29 Customer Lifetime Value Flywheel 40:41 Friends and Family Referrals 44:28 Building Strong Support Systems 45:49 Hiring for Culture Fit 49:41 Final Thoughts and Where to Find Emmanuel #sales #entrepreneurship #luxurycars #businessgrowth #salespsychology

    51 min
  4. #41 People Buy Trust, Not Marketing | Tanen Bodell

    Jun 3

    #41 People Buy Trust, Not Marketing | Tanen Bodell

    Real estate investing, authentic content, personal branding, business relationships, client trust, and entrepreneurship—Tanen Bodell explains why genuine human connection is becoming the biggest competitive advantage in business. In this episode of Based Business, Parker McCumber sits down with real estate agent and investor Tannen Bodell to discuss why authentic relationships, local content, and trust-based marketing outperform generic AI-generated content. With over 20 years in real estate, Tanen shares how he moved from appraisal into sales, built a successful real estate business through relationships, and helps clients make smarter investment decisions by focusing on long-term wealth creation rather than short-term wins. His biggest insight? 👉 In a world flooded with AI content, authenticity is becoming more valuable than ever. 💡 In this episode, you'll learn: • Why authentic content outperforms generic marketing • How to build trust in an AI-driven world • The real reason people choose one real estate agent over another • How storytelling helps grow your business • Why simplifying your systems helps you scale • The CAPT framework for evaluating real estate investments • How investors build wealth beyond cash flow • Why coaching principles apply directly to entrepreneurship • How to create community-focused content that gets attention 🚀 Who this episode is for: • Entrepreneurs looking to build trust and authority • Real estate agents wanting better content strategies • Investors interested in long-term wealth building • Business owners trying to stand out in a crowded market • Parents thinking about legacy and generational impact 🔗 Connect with Tanen Bodell: 🌐 Website: bodellrealestate.com 📸 Instagram: @tanenb ⏱️ TIMESTAMPS 00:00 Grace and Purpose 00:27 Why Connection Matters 01:01 Tannen's Real Estate Origin Story 02:49 Coaching Football and Business Lessons 05:42 Lessons From High School Coaching 09:28 Keep It Simple to Scale 13:23 Finding Your Why 17:23 Authentic Content Strategy 22:33 Local Market Storytelling 27:07 Dream Clients and Real Estate Investors 29:38 Cash Flow vs Net Worth 30:58 The CAPT Investing Framework 32:57 Home Buying Mindset Shifts 33:49 Financial Freedom Dreams 34:51 Trust Funds and Letting Go 36:41 Teaching Kids Work Ethic 38:29 Building Wealth From Scratch 42:34 Legacy and Being Overshadowed 47:56 YouTube Censorship Discussion 48:57 Coaching and Sportsmanship Lessons 53:34 Real Estate Client Red Flags 57:19 Grassroots Business Growth 59:13 Mission Ready Mastermind & Wrap Up #realestate #entrepreneurship #realestateinvesting #contentmarketing #personalbranding

    55 min
  5. #40 How Adam King Scaled a Multi-Million Dollar Business Without a Backup Plan

    Jun 3

    #40 How Adam King Scaled a Multi-Million Dollar Business Without a Backup Plan

    If you’re stuck working IN your business instead of scaling it, this episode is for you. Adam King (“The Caulk King”) breaks down leadership, systems, hiring, SOPs, branding, entrepreneurship, business growth, and how he built a multi-million dollar company through relationships and relentless execution. In this episode of Based Business, Parker McCumber interviews Adam King, owner of Bonneville Caulking & Waterproofing, about scaling a construction business, overcoming entrepreneurial bottlenecks, building systems, and becoming a true business owner instead of just an operator. Adam shares: • How he started his company with no backup plan • The relationship strategy that fueled massive growth • Why most entrepreneurs stay stuck • The importance of SOPs, hiring, and delegation • Lessons from losing a major client to bankruptcy • How branding helped him stand out in construction • The mindset required to scale a business successfully This episode is packed with practical advice for entrepreneurs, founders, contractors, business owners, and anyone trying to grow a company without burning out. Topics Covered: Entrepreneurship, business growth, scaling a business, leadership, systems, SOPs, hiring employees, delegation, branding, construction business, founder mindset, commercial construction, sales, networking, resilience, operations, and wealth creation. Subscribe for more conversations with elite entrepreneurs, founders, creators, and operators building real businesses. 🔗 Connect with Adam King: 🌐 Bonneville Caulking & Waterproofing 📸 Instagram: @thecaulkking 💼 LinkedIn: Adam King 📘 Facebook: Bonneville Caulking & Waterproofing 00:00 People Systems Scale 00:24 Meet Adam The Caulk King 01:43 Lean Into The Brand 03:50 Backstory No Plan B 07:02 Supportive Spouses And Going All In 10:29 Childhood Roots And Finding Mentors 12:23 Communities That Raise Your Game 15:05 Rejection Volume And Relationship Building 18:39 Networking Shift And Contractor Collapse Lesson 23:15 Scale Faster With Team And Systems 28:08 Meetings After Action Reviews Improvement 29:47 Entrepreneurship As Self Development 33:23 Parker Superpower Tenacity Story 39:03 Refusing to Quit 40:38 Pregnancy Changes Focus 41:09 KPIs and Meta Ads 42:32 Base Hits Not Home Runs 44:29 Success and Resentment 47:36 Outgrowing Old Friends 53:39 Building Career Paths 58:24 Incentives and Innovation 59:31 Keeping Spouses Onboard 01:02:20 First Hire Lessons 01:05:41 Hiring Your Weaknesses 01:06:32 Rainmaker Triad Explained 01:11:09 Trust and Delegation 01:13:59 Right People Right Roles 01:14:25 Hiring With Challenges 01:16:22 Coaching And Boundaries 01:18:22 Relationship Driven Growth 01:20:41 Social Media Debate 01:26:23 Deepening The Bench 01:28:34 Why He Does It 01:35:14 Authority Engine Framework 01:36:21 Build In Public 01:45:00 Story And Wrap Up #Entrepreneurship #BusinessGrowth #Leadership #ScalingABusiness #BusinessPodcast #FounderMindset #ConstructionBusiness #SmallBusiness #Entrepreneur #BasedBusiness

    1h 47m
  6. #39 Why Working Harder Keeps You Broke | Jess Phillips

    May 20

    #39 Why Working Harder Keeps You Broke | Jess Phillips

    Entrepreneur mindset, financial freedom, business growth, wealth building, scaling a business—Jess Phillips explains why grinding harder may actually be holding you back. In this episode of Based Business, Jess Phillips shares how relying purely on logic, hustle, and constant grinding can become a weakness for entrepreneurs—and why intuition, mentorship, and opportunity recognition matter more than most people realize. After rebuilding his confidence through sales at Verizon, Jess learned “wealth thinking” from billionaire clients and helped pioneer one of the first solar loan structures before buying and scaling Temporary Power Services from roughly $300K in revenue to over $2M in profit. But his biggest insight? 👉 Most entrepreneurs don’t need to work harder… they need to think differently. 💡 In this episode, you’ll learn: Why overworking can actually slow business growthHow wealthy people think differently about opportunitiesWhy trusting your gut matters in entrepreneurshipThe “Rainmaker Triad” framework for partnershipsHow Jess scaled a company to multi-million-dollar profitsWhy fun is a powerful indicator for business alignmentHow mentorship and coaching accelerate successThe mindset shifts required to build financial freedomWhat Freedom Reserves is and how it helps accredited investors preserve liquidity🚀 Who this is for: Entrepreneurs feeling burned out or stuckBusiness owners trying to scale sustainablyHigh performers trapped in hustle cultureInvestors interested in cash management and financial freedomAnyone looking to grow wealth without sacrificing their life🔗 Connect with Jess Phillips: 🌐 Freedomreserves.com 📸 Instagram: @jessphillips 💼 LinkedIn: Jess Phillips ⏱️ EPISODE TIMELINE — Based Business with Jess Phillips   00:00 — Why Logic Alone Can Destroy Your Success  02:05 — Meet Jess Phillips & Freedom Reserves  04:20 — The Temporary Power Services Acquisition  07:10 — Buying a Business With Limited Resources  10:45 — Early Entrepreneurial Mistakes & Setbacks  14:18 — Rebuilding Confidence Through Verizon Sales  18:02 — Why Sales Skills Change Your Entire Life  21:30 — The Difference Between Rich Thinking & Poor Thinking  25:12 — Learning Wealth Principles From Billionaire Clients  29:44 — The Solar Finance Opportunity That Changed Everything  34:06 — Creating One of the First Solar Loan Structures  38:15 — Gut Instinct vs Data-Driven Decisions  42:11 — When Hustle Becomes a Weakness  46:08 — The Hidden Dangers of Overworking  50:24 — Entrepreneurs Build Their Own Prison  55:40 — Freedom vs Achievement  58:02 — Why External Validation Is a Trap  01:01:33 — Scaling Temporary Power Services to Multi-Million Profit  01:06:18 — Creating New Revenue Verticals  01:10:47 — How to Scale Without Starting Over  01:14:02 — “If It’s Not Fun, I’m Going Home”  01:18:30 — The Full Body Yes Philosophy  01:22:16 — Burnout, Alignment & Enjoying the Process  01:26:05 — The Rainmaker Triad Explained  01:31:12 — Partnerships & Building Winning Teams  01:35:24 — Mentorship, Coaching & Seeing Opportunities  01:39:18 — The Entrepreneur Identity Trap  01:43:40 — What Freedom Actually Means  01:46:12 — Building Wealth Without Losing Yourself  01:49:02 — How Freedom Reserves Works  01:52:15 — Accredited Investors & Cash Management  01:54:40 — 1031 Exchanges, Liquidity & Yield  01:56:48 — Final Advice for Entrepreneurs  01:58:28 — Outro #entrepreneurship #financialfreedom #wealthmindset #businessgrowth #mindset

    3h 57m
  7. #38 Funnels Don’t Work Like They Used To (Here’s Why) with Lisanne Murphy

    May 16

    #38 Funnels Don’t Work Like They Used To (Here’s Why) with Lisanne Murphy

    Marketing strategy, Facebook ads, business growth, content marketing, entrepreneur mindset—Lisanne Murphy explains why modern marketing is broken and what actually works now. In this episode of Based Business, Lisanne Murphy shares how she went from studying food science and public administration to building a successful marketing agency, growth lab, and podcast focused on helping entrepreneurs scale with trust-based marketing. After teaching herself Facebook ads while working at Deseret Book, Lisanne built an agency during the rise of social media marketing—but says everything changed after iOS14, increased saturation, and declining consumer trust. Her biggest insight? 👉 Most businesses don’t have a traffic problem… they have a trust, messaging, and positioning problem 💡 In this episode, you’ll learn: Why Facebook ads and funnels don’t work like they used toThe new rules of marketing after iOS14Why trust-based marketing beats “growth hacks”How to identify hidden revenue leaks in your businessWhy most entrepreneurs niche incorrectlyHow psychological pain-based messaging increases conversionsWhy organic content + paid ads work better togetherHow to build a scalable content engineThe difference between selling what people want vs what they need🚀 Who this is for: Entrepreneurs struggling to grow onlineCoaches, creators, and agency ownersBusinesses frustrated with declining ad performanceFounders trying to improve messaging and positioningHigh achievers questioning fulfillment and legacy🔗 Connect with Lisanne Murphy: 🌐 Learn More / Work with Lisanne: Lumina Growth Lab  🎙️ Podcast: The Marketing Matrix  📸 Instagram: @lisannemurphyhq ⏱️ Timestamps 00:00 Meet Lisanne Murphy 00:25 Growth Lab Origins 01:46 Mastermind Connection 04:48 Entrepreneurship Reality Check 07:19 Holy Grail Debate 08:45 Money Versus Fulfillment 10:33 Family Roots And Boxes 14:54 Legacy And Selfishness 15:47 Parker Legacy Fears 22:30 Franklin Genius Stories 28:06 Defining Legacy 33:35 Faith And Business Drive 38:17 Service And Self Care 42:27 Entrepreneurial Beginnings 44:30 College Mission Pivot 46:14 MPA Meets OBHR 47:42 PhD Plans and Life Callings 48:38 Deseret Book Marketing Detour 53:05 Learning Facebook Ads Fast 55:13 Agency Born From Side Hustles 58:35 Facebook Ads Then vs Now 01:04:16 Organic Content and Trust 01:12:21 Follower Growth Trap 01:18:54 Niche Down Without Limiting 01:24:24 Psychological Pain Niching 01:27:12 Why Funnels Fail 01:28:05 Find Pain Language 01:29:56 Ads Research Pattern 01:31:34 Selling Leadership Help 01:32:42 Red Cross Rant 01:35:56 Coaching With Mandy 01:38:25 Sell Wants Give Needs 01:42:40 Message Symptoms Not Roots 01:47:40 Military Leadership Systems 01:51:52 Content Engine Strategy 01:55:22 Platform Fit And Repurpose 01:57:25 Pick One Platform 02:03:29 LinkedIn And TikTok Issues 02:08:07 TikTok Shadowban Spiral 02:09:16 Addiction and Boundaries 02:10:19 iOS14 Agency Wakeup Call 02:11:54 Choosing Travel Over Hustle 02:14:22 Monastery and Mindfulness 02:17:12 Japan and Host Travel Tales 02:22:09 Why Buddhism Resonated 02:25:33 Funding Travel Break Even 02:27:42 Travel Lessons for Leadership 02:33:29 Trust Systems to Delegate 02:36:54 Building Teams and Mentorship 02:44:07 Messaging Niche and Wrap Up #marketingstrategy #facebookads #businessgrowth #entrepreneurship #contentmarketing

    2h 52m
  8. #37 The Real Cost of Starting a Business with Andrew Barnes

    May 6

    #37 The Real Cost of Starting a Business with Andrew Barnes

    Entrepreneurship reality, starting a business, small business risk, opportunity cost, how to start a business—Andrew Barnes shares what it really takes. In this episode of Based Business, Andrew Barnes breaks down the truth about entrepreneurship—from risk and opportunity cost to building a real business while supporting a family. Andrew, founder of Winter Print, shares how he went from working in a lumber company to launching a print brokerage—and eventually opening a full commercial print shop. But his biggest insight? 👉 Entrepreneurship isn’t about freedom… it’s about risk, responsibility, and how much you’re willing to lose 💡 In this episode, you’ll learn: The real risks of starting a business (beyond money)How to think about opportunity cost and long-term tradeoffsWhy the “entrepreneurship = freedom” narrative is misleadingHow to start small and validate before scalingWhat commercial printing actually is (and how it works)Lessons from transitioning from brokerage to ownershipHiring mistakes and how to build the right teamHow to grow a business while supporting a family🚀 Who this is for: People thinking about starting a businessEntrepreneurs feeling overwhelmed or uncertainFounders balancing risk, family, and incomeAnyone who wants a realistic view of entrepreneurship🔗 Connect with Andrew Barnes:  Website: WinterPrintUtah.com  Instagram: @winter_print_  Facebook: Winter Print🎙️ FULL PODCAST TIMELINE (1:06:21)00:00 Introduction & What Entrepreneurship Really Looks Like  02:15 Why “It’s Not All Sunshine and Rainbows”  05:40 The Early Struggles Nobody Talks About  09:10 Long Hours, Burnout & Sacrifice  13:25 Financial Stress & Risk Taking  17:50 Why Most People Quit Too Early  21:30 Learning Through Failure  25:05 The Turning Point Moment  29:40 Building Momentum in Business  33:15 Discipline vs Motivation  37:00 The Mental Game of Entrepreneurship  41:10 Handling Pressure & Uncertainty  45:20 The Hidden Costs of Ownership  49:30 What Success Actually Feels Like  53:10 Why It’s Still Worth It  57:00 Advice for New Entrepreneurs  01:00:10 Final Thoughts & Mindset Shift  01:03:30 Closing & Key Takeaways #entrepreneurship #smallbusiness #businessgrowth #startabusiness #entrepreneurlife

    2h 13m

About

Business commentary and coaching based in rational thought and logic. Drawing on a foundation in business and military leadership, Parker McCumber shares perspective and insights that are beneficial for anyone interested in business, finance, and wealth. This podcast features co-hosts and interviews that bring a spectrum of knowledge and insight that adds real value for listeners. Occasionally discussing politics, social media, investing, family life, and more! About your host: Parker McCumber is a 2-Comma Club and 2-Comma Club X Award recipient who has been active in online business since 2017. Parker Holds an M.B.A. and is a commissioned officer in the Utah Army National Guard. Parker has served in the military since 2011, and draws on his military experience and his business experience to develop and enhance best practices for his partners, his clients, and himself. Parker is also a car enthusiast, enjoys trading in the stock market, investing in real estate, and investing in luxury goods.