Millionaires Unveiled

Jace Mattinson, CPA
  • 4.7 (871)
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Millionaires Unveiled

Millionaires Unveiled interviews and tells the stories of everyday millionaires. We provide detailed insight into their investing strategies and current portfolio allocation. How did they get started? What decisions did they make along the way? How has their portfolio allocation changed, and what are they doing now to not only keep, but also grow, their highly sought after "millionaire" status? From these extensive and thought provoking interviews, you'll be able to assess your current portfolio allocation, learn investing strategies, and join the fast track to financial success.

  1. 1D AGO

    404: Net Worth Of $10.0M+ - The Duel Journey of a Financial Planner & Restaurateur

    Summary In this episode, David, founder and CEO of One Wealth Advisors and executive chairman of a restaurant company, shares insights into his financial journey, including his net worth, investment strategies, and experiences in the restaurant industry. He has a net worth of over $10 million spread across business, Real Estate and market investments. He is in his late 50's. He discusses the importance of asset allocation, the role of real estate in wealth building, and the nuances of financial planning. David emphasizes the significance of serving others and the balance between concentration and diversification in wealth management. He also reflects on personal experiences and lessons learned throughout his career. Takeaways *David Steele is the founder and CEO of One Wealth Advisors. *He has a substantial portion of his net worth tied up in private companies. *Concentration creates wealth, while diversification preserves it. *Real estate plays a significant role in his net worth. *He advises clients to keep six months of expenses in cash. *David emphasizes the importance of being a fiduciary in financial planning. *He has successfully built a restaurant business alongside his financial practice. *David believes experiences with loved ones are worth spending on. *He started his financial planning practice in 1991. *David's journey reflects the balance between passion and business acumen. Sponored by: Indeed.com/unveiled Shopify.com/unveiled

    43 min

  2. MAR 31

    403: Net Worth Of $1.3M - Principal Regrets: A Frugal Fail in a Purple PT Cruiser

    Summary In this episode, Marcus shares his journey as an educator and principal, detailing his financial growth, including his net worth and debt-free journey. He has a net worth of $1.3 million plus a sizable pension that could put his net worth closer to $3 million. A nice chunk is in real estate, the pension and then other investments. He discusses the importance of inheritance and family wealth transfer, his career path in education, and his future goals, including retirement planning and multi-generational wealth. Marcus emphasizes the significance of financial literacy and experiences over material possessions, providing insights into his life and financial philosophy. Takeaways Marcus has been an educator for 24 years and is also an author. Marcus and his wife embarked on a debt-free journey four years ago. They paid off three houses in under four years and all their cars. Marcus plans to retire at 50 and mentor principals on a voluntary basis. He has a doctorate and teaches aspiring principals at the college level. The couple aims to build multi-generational wealth for their children and grandchildren. Marcus emphasizes the importance of financial literacy for youth. He believes experiences are the best way to spend money. Marcus's financial overhaul was influenced by reading Dave Ramsey's principles. Sponsored by: shopify.com/unveiled

    36 min

  3. MAR 24

    402: Net Worth Of $3.0M+ - Health, Wealth & Legacy

    Summary In this episode, Nic shares his unique journey from working for free in family offices to building a successful career in real estate investment. He has a net worth of $3+ million. He discusses the importance of mentorship, networking, and hard work in achieving financial success. Nic emphasizes his focus on real estate as a wealth-building tool and outlines his goals for the future, including a target of one billion in assets under management. He also reflects on the legacy he wishes to leave for his children, prioritizing knowledge and hard work over mere financial inheritance. Nic shares his insights on financial habits, personal growth, and the importance of experiences over material possessions. He discusses his investment strategies, the lessons learned from childhood, and the impact of education on financial decisions. Nic emphasizes the significance of cash flow in investments and reflects on his early entrepreneurial ventures. He also shares his changing perspective on homeownership and offers advice for aspiring entrepreneurs in today's economic landscape. Takeaways Nic's early exposure to entrepreneurship shaped his career aspirations. He worked for free to gain valuable experience and mentorship. Real estate became his primary focus due to its cash flow potential. Networking with high net worth individuals was crucial for his success. He aims to achieve one billion in assets under management. Health, wealth, and legacy are his primary focus areas. He believes in teaching his children the value of hard work. Philanthropy will play a larger role in his future plans. His investment strategy is centered around single-family mortgages and industrial real estate. He values the lessons learned from his mentors and aims to pass them on. Working hard pays the highest dividends. Don't be patient; get there as fast as you can. Experiences are more valuable than material possessions. Invest with intention and clarity on outcomes. Understanding cash flow is crucial for financial success. Education can yield both positive and negative returns. Early entrepreneurial ventures can teach valuable lessons. Homeownership can provide joy and stability for families. Learning about the economy opens up opportunities. There is more opportunity now than ever before. Sound Bites "I was willing to work for free to learn." "I kept my group of friends very small." "Patience is not a virtue." "Experiences are worth 2x, 5x, 20x." "Education has been on both sides." "I realized I hated it." "Buying a home was an insane blessing." "I geek out on powerlifting." Sponsored by: Prizepicks.com  Code: Millionaire

    46 min

  4. MAR 17

    401: Net Worth Of $2.7M - Tech, Tenants and Toyota vs Honda - Which One Wins?

    Summary In this conversation, Courtney shares her journey to building a net worth of $2.7 million. Most of it is in real estate but does have some in other assets. She dives into her investing strategy, emphasizing the importance of diversification between real estate and retirement accounts. She discusses her evolving strategies to achieve financial independence, focusing on cash flow and ROI. Courtney is in her late 30's and also highlights the significance of aligning financial goals with lifestyle choices and offers insights for those starting their investment journey. She discusses the importance of networking, her decision to invest in Michigan, and how she balances her career in healthcare IT with her real estate endeavors. Courtney also touches on her experience with the stock market and her future goals for financial independence.   Takeaways *Started investing in various accounts and leveraging tax strategies. *Maxed out Roth IRA every year as salary increased. *Believes in not putting all eggs in one basket. *Sees real estate and stock market as separate avenues. *Focuses on cash flow to replace income gradually. *Does not have a target number of doors, prioritizes cash flow. *Aims to take home $85,000 a year for a comfortable lifestyle. *Enjoys her job but is open to part-time work. *Emphasizes the importance of networking in real estate. *Encourages starting early in investing. *Her investment portfolio includes both real estate and stock market assets. *She has 10 rental properties, primarily single-family homes and one duplex. *Networking played a crucial role in her success in real estate. *Courtney's initial investment was influenced by her father's advice. *She transitioned from considering grad school to investing in real estate. *Her first property was purchased during a market downturn. *Courtney balances her career in healthcare IT with real estate investing. *She aims to reduce her full-time work hours in the future. *Investing in the stock market has been a strategic choice alongside real estate.

    38 min

  5. MAR 10

    400: Net Worth Of ~$1.0 Billion - From 70k On Credit Cards To A Ten Figure Net Worth: A Billionaires Journey From Humble Beginnings

    Summary In this conversation, Steve shares his journey from modest beginnings in Utah to becoming a successful investor with a diverse portfolio that includes oil and gas, real estate, and a payments company called ProPay that has since sold. He discusses his investment strategies, the importance of patience and liquidity, and the lessons learned from various market cycles. Steve emphasizes the significance of quality assets and cash flow in building wealth, while also reflecting on the challenges and opportunities he encountered throughout his career. In this conversation, he shares insights on managing debt and risk in business, the journey of entrepreneurship, and the importance of writing 'Rich Routines' to impact future generations. He emphasizes the need for a balanced life, the value of hard work, and the significance of financial education for children. The discussion also covers effective charitable giving and concludes with wisdom on delayed gratification and emotional intelligence in decision-making. Takeaways *Steve's investment strategy focuses on quality assets that produce cash flow. *He emphasizes the importance of patience in investing, especially during market cycles. *Investing in oil and gas requires caution due to the complexity and potential for fraud. *Real estate investments can be lucrative, especially during market downturns. *Self-storage has been a successful venture for Steve due to its low overhead and demand. *ProPay's success came from pivoting to serve a niche market in multi-level marketing. *Liquidity is crucial for taking advantage of investment opportunities when they arise. *Steve's approach to real estate involves getting cash back quickly through refinancing. *He believes in the importance of location when investing in real estate. *Steve's journey illustrates that hard work and adaptability can lead to success in various industries. *The sooner you can lease it up, the sooner you can refinance. *If you get a good asset that's generating income, why would you want to sell it? *Writing a book was never on his bucket list. *The premise is figuring out the life you want to live. *All five areas of life are really important: spiritual, physical, emotional, mental, and financial. *If you live your 20s like few people will, you can live like few people can. *Teaching kids financial literacy starts early with allowances. *Giving money away effectively is hard and requires scrutiny. *Delayed gratification is key to managing emotions. Sponsored By: Indeed.com/unveiled

    1h 3m

  6. MAR 3

    399: Net Worth Of $5.0M+ - Behind the Mic: A Personal Update + Retirement Discussion w/ Jace's Parents

    Summary In this episode, the hosts Jace and Stacey share a personal financial update and Jace's parents make a reappearance as they discuss the complexities of retirement, particularly focusing on the baby boomer generation. They share personal financial updates, explore the emotional and mental challenges of transitioning into retirement, and highlight the importance of planning for a fulfilling life post-work. The conversation includes insights from the hosts' parents, who are navigating their own retirement considerations, emphasizing the need for financial preparedness and the impact of work on identity. In this conversation, they explore the multifaceted aspects of retirement, including financial fears, the importance of creating memories over material wealth, and the emotional readiness required for this life transition. They discuss the significance of health and fitness, the planning necessary for navigating Medicare, and the strategies for spending down their nest egg. The dialogue emphasizes the value of shared experiences and the need for ongoing discussions about retirement planning, while also reflecting on personal growth and adapting to changes in life. Takeaways *Retirement planning is crucial for financial security. *The transition to retirement involves emotional and mental adjustments. *Investing in experiences can provide lasting joy and memories. *Family budgeting becomes more complex with growing children. *Maintaining a balance between work and personal life is essential. *Education funding for children requires careful planning. *The gig economy offers alternative income options for retirees. *Health and fitness play a significant role in retirement readiness. *Communication about finances within families is important. *Retirement is not just about finances, but also about lifestyle and identity. Retirement is not just about finances; it's about creating memories. *Navigating financial fears is a common challenge in retirement. *Shared experiences with family can enhance the joy of retirement. *Health and fitness play a crucial role in enjoying retirement. *Planning for future adventures is essential for a fulfilling retirement. *Understanding Medicare is vital for financial preparedness in retirement. *Emotional readiness is as important as financial readiness for retirement. *Spending down the nest egg requires careful planning and consideration. *It's important to maintain a healthy lifestyle as one ages. *Retirement should be viewed as a new chapter, not an end.

    1h 20m

  7. FEB 24

    398: Net Worth Of $2.2M - Cashing in on Tulum, Mexico: Former Baseball Umpire to Engineer to RE Investor

    Summary In this episode, Adriel shares his journey from being a baseball umpire to engineer to becoming a full-time real estate investor. He discusses his initial foray into real estate, the challenges he faced, and how he diversified his investments, including a vacation rental in Tulum, Mexico. Adriel also reflects on market changes and his future plans in the real estate sector. In this conversation, Adriel shares his journey in real estate investment, discussing his experiences with cryptocurrency, the current state of the real estate market, and his future financial goals. He reflects on the importance of diversifying investments, the challenges posed by market fluctuations, and the lessons learned throughout his career. Adriel emphasizes the significance of taking calculated risks and the value of learning from past decisions, particularly regarding retirement accounts and investment strategies. Takeaways *Adriel transitioned from engineering to full-time real estate investing. *His first property was a full gut renovation bought for $17,000. *He financed his first deal with help from friends and credit. *Adriel learned the importance of cash flow in real estate. *He pivoted to flipping and wholesaling after initial rental experiences. *In 2021, he decided to quit his engineering job to focus on real estate. *Adriel purchased a 14-unit apartment complex with his savings. *He invested in a vacation rental in Tulum, Mexico. *Market changes have affected his investment strategies. *Adriel maintains a diversified portfolio, including crypto investments. Adriel's portfolio includes both real estate and cryptocurrency investments. *He sold a portion of his Bitcoin to recover his initial investment. *Maintaining cash reserves is crucial for managing real estate properties. *Adriel transitioned his 401k funds into real estate syndications after leaving his job. *He regrets not contributing more to his 401k during his employment. *The Houston real estate market is currently facing challenges due to oversupply. *Adriel believes in the long-term implications of population decline on real estate values. *His target net worth is around 10 million dollars. *He continues to invest in real estate despite market uncertainties. *Adriel advises new investors to embrace fear as a sign of growth.  Sponsored by: Indeed Indeed.com/unveiled Terms and conditions apply.

    45 min

  8. FEB 18

    397: Net Worth Of $1.2M - Debt, Bowling & Concerts: How These Social Workers Became Millionaires

    Summary In this conversation, Mike and Leanne share their financial journey, discussing their experiences in paying off their primary residence, managing student loans, and navigating the complexities of joint finances. They are social workers and have a net worth of $1.2 million. They dive into their investment strategies, aspirations for retirement, and the challenges they faced as landlords. Additionally, they reflect on their careers in social work and how it has shaped their financial decisions. The conversation highlights the importance of financial freedom and enjoying life after achieving financial goals.Mike shares insights into his spending habits, memorable experiences related to money, and the financial mindset shifts he has undergone since becoming a millionaire. He discusses the importance of enjoying life while being mindful of spending, the lessons learned from early jobs, and offers valuable advice for those starting their financial journey. Takeaways *They paid off their primary residence in nine years. *Utilized the Ramsey snowball method for debt repayment. *Investing became a way of life for them. *They had significant student loan debt but paid it off aggressively. *Transitioned from separate to joint finances for better management. *Their first year as landlords was challenging but educational. *They aim to retire by age 55 or 56. *Social work provides a stable income and opportunities for side work. *They prioritize experiences and travel after achieving financial goals. *They have multiple bank accounts for different financial purposes. *Mike enjoys spending on family vacations and concerts. *He once spent $500 on ice cream for everyone at a park. *His financial habits changed to be more comfortable with spending. *He learned to accept help from others financially. *Mike's first job was selling corn for a local farmer. *He believes in the power of compounding interest for wealth. *Mike emphasizes not spending more than you earn. Sponsored by: Shopify shopify.com/unveiled Prizepicks.com Code: Millionaire

    42 min
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Hosts & Guests

4.7
out of 5
871 Ratings

About

Millionaires Unveiled interviews and tells the stories of everyday millionaires. We provide detailed insight into their investing strategies and current portfolio allocation. How did they get started? What decisions did they make along the way? How has their portfolio allocation changed, and what are they doing now to not only keep, but also grow, their highly sought after "millionaire" status? From these extensive and thought provoking interviews, you'll be able to assess your current portfolio allocation, learn investing strategies, and join the fast track to financial success.

Information

  • Creator
    Jace Mattinson, CPA
  • Years Active
    2017 - 2025
  • Episodes
    404
  • Rating
    Clean
  • Show Website
    Millionaires Unveiled

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