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Millionaires Unveiled

338: Net Worth of $51M - Money Loves Speed: I Started With A Magazine Publication in Ecuador

Millionaires Unveiled

Jace Mattinson

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

4.8872 Ratings

🗓️ 8 January 2024

⏱️ 61 minutes

🧾️ Download transcript

Summary

Summary
Carlos has a net worth of $51 million. He shares his journey from starting businesses to building a large real estate portfolio. He discusses his transition from business to real estate and the impact it has had on his net worth. Carlos emphasizes the importance of problem-solving skills and finding solutions to create successful businesses. He also highlights the role of asset managers in managing properties in different states. Additionally, Carlos shares his experience of starting a mountain biking magazine at a young age.
Takeaways
  • Transitioning from business to real estate can provide significant opportunities for growth in net worth.
  • Problem-solving skills and finding solutions are crucial for building successful businesses.
  • Asset managers play a vital role in managing properties in different states.
  • Starting a business that solves a problem can lead to success and growth.
  • Diversifying investments and leveraging other people's money can accelerate wealth creation.

Sponsored by Shopify

www.shopify.com/unveiled

Transcript

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0:00.0

we can show you the property on Thursday or on Friday, right?

0:02.9

I think we have an opening on Friday or how about next week, you know, and when people

0:07.7

want to do business, they don't want to do business next week.

0:11.3

They want to do business today or tomorrow and I always say money

0:16.3

loves speed so if someone wants to see my units tomorrow my asset manager

0:21.5

shows them the units tomorrow or many times today and I can't tell you how many leases we've signed by just providing that speed of action and just taking good care of people that they're hitting a wall somewhere else because

0:34.3

they won't show him the apartment until three days from now or now there's this

0:38.1

ridiculous thing of people self showing self showing the apartments to themselves

0:42.3

right with like smart locks and stuff like that.

0:45.1

It's like, what about if I have a question though, right?

0:47.8

Look, I love cars, I love jets, I love all that stuff, but I don't think I'd like to have a Lamborghini in my driveway collecting dust for four out of the five days of the week like really? It's just's just not, I'll rent one, right? We'll go ride it and my son will probably be excited about it. But other than that, is like, what for, right?

1:10.4

Welcome millionaires and future millionaires.

1:13.0

You're listening to the Millionaires Unveiled Podcast.

1:16.0

The show where you'll hear the stories and interviews of everyday millionaires.

1:20.0

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

1:25.4

Now to your host, J. Mattingen,

1:30.6

Welcome back to another episode of the Millionaires and Vailed Podcast. This is episode

1:34.8

number 338.

1:35.8

Stace, how's it going? What's going on in your world?

1:38.3

We are one week deep into 2024 and I was thinking tonight about Maslow's hierarchy of needs because I was thinking about how you've kind of been crushing your first year of the new year first week of the new year, first week of the new year, and I am equally surviving my first year of the new year and I was thinking

1:58.2

first week of the new year, I can't get it right.

2:01.0

But I was thinking about how like I feel like my new years goals are a little bit more about

...

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