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Big Fat Real Estate Checks

Ep91: Why Do Rich People Hold Their Business Or Assets? - Marco Kozlowski

Big Fat Real Estate Checks

Marco Kozlowski

How To, Education, Realestate, Business, Investing

5.0957 Ratings

🗓️ 10 June 2021

⏱️ 23 minutes

🧾️ Download transcript

Summary

In this episode, we discuss why wealthy people buy an asset or business and never sell, or sell for very specific reasons and why recycling your money and diversifying risks are the formula to generational wealth.

EPISODE SUMMARY

  • Using business assets to create another business
  • Recycling money by using cash flow to buy another asset
  • The tax side of owning a business
  • Companies buying their competition
  • Diversifying risks by being involved in different industries
  • Benefits of owning an asset or business

CONNECT WITH US

Email: marco@marcokozlowski.com

Website: https://marcokozlowski.com

Facebook: https://www.facebook.com/realmarcokozlowski/

Instagram: https://www.instagram.com/marco.kozlowski/

Transcript

Click on a timestamp to play from that location

0:00.0

Asset which is brain turned into cash took investors and took turn that into a company that has all the money

0:06.6

So it's the same cycling of and then what do they do with that those returns?

0:11.0

They re-invested into something else which will generate even more money

0:16.6

Welcome to the big fat real estate checks podcast with Marco Kuzlowski

0:21.7

But we help investors like you get the knowledge and skills you need to replace your J.O.B

0:27.0

with passive cash flow for life

0:30.8

Hey everyone welcome to big fat real estate checks on the podcast where we help you

0:35.6

Develop skills to be able to increase your wealth and have fun doing it

0:40.7

We'd like to have a lot of fun. My name is Marco Kuzlowski if you're joining us for the first time

0:44.8

I'm out of Orlando originally from Montreal where Gabriel Aresh is at this time

0:50.0

He is also from Montreal and we have Frank Gagaluchio out of Toronto

0:54.5

Three amigos three Canadians all over the place that spend their time

0:59.6

Investor time and have a lot of fun buying assets every single day and helping others buying assets every single day

1:05.9

And of course if you enjoy this podcast

1:08.2

Please subscribe like it love it and share it please and of course we're always excited to see your comments as well

1:15.1

The bottom of any of the episodes that we do share if you have not listened to the first ten episodes at least

1:20.5

Please do so that explains process how we get into asset-based lending why you don't need any of your own money

1:26.8

Your credit to get into any of the assets that we discuss and if you have skills and knowledge you don't need money

1:33.6

So you can either buy assets with money or you can use your skill sets in order to do that and of course

1:38.4

It's better to never use your own money and that's just better. I think at least it is and today

1:45.0

We're going to discuss why wealthy people why do those folks why do we buy businesses invest in businesses or

1:52.3

Assets and we never sell our holding time is like forever or if we do sell it's for very specific reason either

...

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