410: Net Worth Of $10M+ - Ex-Hedge Funder Turned Housekeeper Built His Way to CEO

Millionaires Unveiled

Jace Mattinson

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

4.8 • 872 Ratings

🗓️ 19 May 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, Daniel shares his journey from a hedge fund career to becoming a successful entrepreneur and inventor. He has a net worth of $10+ million with most tied up in his companies he founded or co-founded. He discusses his early experiences with money, the importance of mentorship, and the challenges he faced while starting his first businesses. He discusses leaving Wall Street to clean houses of the Silicon Valley Elite and how that lead him to becoming a CEO today. Daniel also delves into the creation of SkunkLock, a revolutionary bike lock designed to combat theft, and emphasizes the significance of financial independence and smart investment strategies in today's economy.

Takeaways

*Daniel started his career as an entrepreneur and inventor.
*He emphasizes the importance of calculated risks for financial independence.
*Daniel's first investment was in an index tracking ETF.
*He transitioned from finance to entrepreneurship at a young age.
*Mentorship played a crucial role in his entrepreneurial journey.
*SkunkLock was created out of frustration with bike theft.
*Daniel aims to help others achieve financial independence.
*Understanding investment strategies is essential in today's economy.
*He believes in the importance of reducing losses in investments.
*Daniel encourages seeking mentorship to accelerate personal growth.

Transcript

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0:00.0	you have to take some calculated risks in order to achieve financial independence at some point in time.
0:06.7	For some people, that is investing in stocks or other things. And for other people, it's starting businesses.
0:15.6	But that was really ingrained in me from a very young age, started cleaning houses for CEOs and VCs in San
0:23.3	Francisco in the morning. And sometimes they would have a chat with me and give me some advice.
0:28.2	And they would say, you don't look like my usual house clear.
0:32.3	Welcome millionaires and future millionaires. You're listening to the Millionaire's Unveiled
0:37.3	podcast, the show where you'll hear the stories and interviews of everyday millionaires. You're listening to the Millionaire's Unveiled Podcast, the show where you'll hear the stories and interviews of everyday millionaires will unveil their decisions, their strategies, and their portfolio allocations.
0:47.4	Now to your host, Jace Mattinson.
0:53.1	Welcome back for another episode of the Millions and Veil podcast. This is episode number 410.
0:57.8	This is the podcast where we dive deep into the inspiring stories of self-made millionaires from all walks of life.
1:03.5	We are your host, Jason Stacey, and each week we uncover the strategies, setbacks, and turning
1:08.6	points that led these individuals to financial freedom.
1:11.3	Whether you're just starting out or looking to level up your wealth-building journey,
1:14.7	join us as we share the secrets and wisdom from those who have built their fortunes from the ground up.
1:19.0	Get ready to learn, be inspired, and take actionable steps towards your own success.
1:23.4	Listening to the Millionaries,veiled podcast with my dad, Jace Maddenson and my mom, Stacey Maddenson.
1:36.5	Before we get into today's episode, if you'd like to be on the show, send us an email,
1:39.2	Millionaires Enveiled at gmail.com. We're always looking for new, great entertaining guests willing to share their
1:45.2	stories as always. And yeah, it's been an interesting few weeks here, and I guess even more
1:53.1	last week, I feel like a lot of the gains that were lost over the, over the tariffs have now
1:59.3	kind of rebounded a little bit, but nonetheless, the interviews that
2:03.0	we are conducting now that will be released later this year, or later this quarter really,
	...

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