5 • 1.1K Ratings
🗓️ 24 May 2024
⏱️ 45 minutes
🧾️ Download transcript
In this episode, Josh sits down with Andrew McNair, a financial advisor and real estate investor, who shares his incredible journey from working at McDonald’s and waiting tables at Denny's to managing millions of dollars in investments. Andrew discusses his early inspirations, hard-earned lessons, and how he built a diversified investment portfolio. He also offers insights into effective marketing strategies and the importance of failing fast and learning from those failures.
How to connect with Andrew McNair:
Podcast: Rich, Young & Powerful
Book: The Giving Crisis
How to connect with Joshua Ferrari:
Ferrari Capital
https://www.facebook.com/joshua.ferrari.16/
https://www.linkedin.com/in/joshuaferrari/
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0:00.0 | You're listening to the Creative Capital Podcast. You're dying to learn about how you can create |
0:09.5 | wealth through real estate investing, then you can come to the right place. |
0:13.0 | Join in every week as we go over the ends and outs of real estate |
0:17.2 | investing and learn how you two can become financially free. |
0:21.0 | Andrew McNair. |
0:24.0 | Dude, I'm stoked to have you on show this today. |
0:27.0 | Me too. |
0:28.0 | Glad to be here. |
0:29.0 | For all those out there listening to this that have no idea who you are. |
0:32.8 | Could you give us a brief background about yourself and at the end of the day |
0:37.0 | tell us what got you in real estate? |
0:39.0 | Oh man, well I think I can do both pretty short time. |
0:43.0 | Like many people, I read that purple book, |
0:45.7 | The Rich Dad Poor Dad Book at 14. |
0:48.2 | My parents handed me the book and they were very humble |
0:51.2 | and they said, hey, we don't know a lot about money, don't do what we did, don't refinance the house three times, but you should read this and I'm so glad they did. So I read that book and I thought, wow, you mean I can make money while I'm sleeping, literally flipping |
1:05.3 | hamburgers at McDonald's. And I started interning at a financial firm because this Mr. |
1:11.6 | Miyagi, my parents financial advisor said, hey, I'll teach you how to wax on and wax off financially, but you're going to have to work for free, like zero dollars an hour. And as a 14 year old kid old kid I'm like sounds like a pretty good deal actually I get to learn and they'll keep me around and so he had me taken out the trash filling out financial models and I learned really quickly I wasn't going to get ahead making |
1:34.0 | zero dollars an hour so I started waiting tables at a dinnies. Yep slinging |
1:38.9 | grand slams and I saved up $62,000 by the time I was 16. |
1:45.0 | All my weekends, all my after schools were with again the financial firm during the week |
1:51.0 | and working at Denny's and I stuck it in a stop market. I thought I might have been Warren Buffett reincarnated when it doubled to $147,000 before I was 18. |
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