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Marriage Kids and Money: Personal Finance for Families

Recession-Proof | From Bankrupt to Young Millionaire in 10 Years - with Patrick Aime

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Parenting, Kids & Family, Business, Investing

4.9605 Ratings

🗓️ 27 April 2020

⏱️ 38 minutes

🧾️ Download transcript

Summary

Patrick Aime shares his journey around the world that helped him go from bankruptcy to a young millionaire in a decade even in the midst of a recession. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta.

0:02.0

In today's digital world, compliance regulations are changing constantly,

0:07.0

and earning customer trust has never mattered more.

0:10.0

Vanta helps companies get compliant fast and stay secure,

0:13.0

with the most advanced AI automation and continuous monitoring out there.

0:17.0

So whether you're a startup going for your first stock two or ISO-27,001, or a growing

0:22.1

enterprise managing vendor risk, Banta makes it quick, easy, and scalable, and I'm not to say

0:27.2

that because I work here. Get started today at banta.com. I didn't sell anything. And I had a huge

0:32.9

overhead of $50,000 a month just to keep the company open. So at the end of December, I had to make a big decision of basically closing the company.

0:41.6

I had no money coming in, and I was paying my employees, all the other bills.

0:47.5

So basically lost everything, how to foreclose on the rental properties in Phoenix,

0:51.8

and I had to file for bankruptcy.

1:04.7

This show is dedicated to helping you, strengthen your family tree and live financially free. Welcome to the Marriage Kids and Money podcast, everybody. This is Andy Hill.

1:08.6

And today we're talking about how to go from poverty to self-made

1:14.0

millionaire. Now, everyone loves a good success story. And man, do I have one for you today.

1:20.7

Patrick M.A. is my guest today. Patrick is a sales professional and real estate investor living in

1:26.4

San Diego with his wife, Kirsten.

1:28.5

Originally from Rwanda, Patrick made his way to the U.S., grew his wealth, battled adversity,

1:35.2

and eventually became a self-made millionaire. Today we're going to learn about his journey

1:39.9

so we can all thrive like he has. When Patrick isn't growing his wealth and staring at his spreadsheets, as he likes to say, he loves traveling the world with his wife and spending time with his family. Welcome to the show, Patrick. Thank you for having me on. Oh, Patrick, it's great to talk to you. I know we've been connected for a little while, and I'm so glad to hear your voice and interview you today. So talk to me about

2:01.3

Rwanda. Talk to me about what your childhood was like there and a little bit about your family

2:05.9

situation. Life was great growing up. My mother has 11 siblings and each one of my uncles and

...

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