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Main Street Business

#442 Building Generational Wealth with Ken McElroy

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 24 July 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Get ready for a hard-hitting episode of Main Street Business as your host Mark J. Kohler dives deep with the infamous real estate investor, popular public speaker, author, and CEO of MC Companies, Ken McElroy. As an authoritative figure in the real estate and small business sectors, Ken shares how he built his multi-billion dollar empire from scratch, starting with a 60-unit property in downtown Seattle. He details his entire entrepreneurial journey and shares strategies adopted to magnify h...

Transcript

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0:00.0

At the end of the day, it sure seems like that entrepreneurial spirit, which kind of built America, has left.

0:06.0

Go try stuff.

0:07.1

The kids, learning about entrepreneurship is so important.

0:10.0

There's a lot of ways to make money be financially free and help people and teach people.

0:14.2

We all have to find our thing.

0:15.8

But what we're saying is don't be in a rush.

0:18.1

Well, welcome everybody to another Main Street influencer interview.

0:22.8

I get to talk to a Main Street business owner that's changed the lives of so many people.

0:26.7

Just such an honor to have us here with me today.

0:30.5

Ken Malkeroy, thanks for finding some time to be with us.

0:34.9

Absolutely, Mark.

0:36.0

I've been looking forward to talking to you here. We saw each other last week.

0:42.0

And thanks for coming to Scott Stale. And, you know, happy to share whatever, whatever it is you ask. I have no idea.

0:48.3

But, you know, I do that to educate. That's why I do my podcast. As you know, it's really, really fun for me.

0:56.0

I love it. Now, for those that don't know, Ken, he is just such a well-respected real estate investor, author, speaker, just had such a successful event. Limitless in Phoenix, or I should say North Scottsstale i was able to participate in that it was just

1:11.9

wonderful i've been i took so many notes there were so many great speakers there and uh i i i you know

1:17.6

usually i'm a standout speaker you know but there were so many other great speakers i was just

1:22.2

like white trash you know when i was there i know it was so good uh ken is also co-authored books and worked closely with Robert Kiyosaki, just a mountain of a man in this industry.

1:33.4

And so you've got such good a network and people you work with.

1:39.2

He's also the CEO of MC companies, a prominent real estate investment firm.

1:43.3

He's got the charity sharing

1:44.5

the goodlife.org. And we're going to get some contact information for people out there in

...

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