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Millionaires Unveiled

102: Net Worth of 1.9M - Handyman and Vending Machines

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 7 October 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

Larry has a current net worth of 1.9M. He currently works as a handyman but started and worked with several small businesses including, but not limited to, vending machines, trucking, sewer management, and truck repairs. He discusses several different ventures including why they started and ultimately ended. Larry talks about how to start and scale a small business, as well as knowing when to sell. He is 55 years ago, debt adverse, and just paid off his home last year.

Transcript

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0:00.0

Somebody calls me and they say can you do this can you do that and I say well yeah and and what have you had done and they'll usually tell some horror story of somebody not you know finishing the job or walking off the job or whatever.

0:11.0

We go and we fix the problem you know and we show up on time and they come to the door and they say they go

0:19.5

it's nine o'clock and like yes that's what time we said it was nine o'clock we're gonna be

0:23.3

here well contractors don't come on time in true story right you said they go

0:28.6

really like really they don't come on time you know it's crazy things like that.

0:34.0

And so those are competitive advantages.

0:36.0

So if you're thinking about starting a business,

0:39.0

you really, you need to understand what you want to do,

0:41.0

you have to understand what you want to do. You have to

0:43.2

understand your competitive advantage and then you can work all the

0:46.3

numbers out from there.

0:47.8

You're listening to the Millionaires Unveiled Podcast,

0:52.0

where you'll hear the stories and interviews of everyday

0:55.7

millionaires.

0:56.7

We'll unveil their decisions, their strategies, and their current portfolio allocation.

1:04.0

Now to your hosts, Clark Sheffield and Jace Matinson.

1:10.0

Hello and welcome back to another episode of the Millionaires Unveiled Podcast where we tell the stories and strategies of everyday millionaires and unveil their current portfolio allocations.

1:19.4

This is episode number 102.

1:22.1

On last week's show, we did a review episode where we discussed

1:24.7

what we've learned and some of the things that have stood out to us through our first

1:27.7

100 interviews. We also talked about new and upcoming things with the show

1:31.6

including a new website that will

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