meta_pixel
Tapesearch Logo
Log in
The Rich Somers Report

Shifting Demographics, Retiring "Baby Boomers" & Where Their Wealth Will Go | Mark Moss E143

The Rich Somers Report

Rich Somers

Investing, Business

5.01K Ratings

🗓️ 1 February 2024

⏱️ 63 minutes

🧾️ Download transcript

Summary

Rich sits down with Mark Moss – Podcast Host, Radio Host, Founder of Market Disruptors and Co-Author of the bestselling book, The UnCommunist Manifesto. Mark’s show, The Mark Moss Show, analyzes such topics as Economics, Business, Bitcoin, and Freedom. Mark has founded seven companies that hit 7-8 figures in less than a year with multiple business exits including a high valuation Fortune 500 exit. He’s also fixed and flipped over 100 homes and developed over $25m in real estate. Rich a...

Transcript

Click on a timestamp to play from that location

0:00.0

12 million businesses are owned by baby boomers right now.

0:04.0

Let's just put this into context for a second.

0:06.0

12 million that will change hands over the next decade.

0:09.0

12 years, let's just call it a decade.

0:11.0

60% of those businesses will probably never be sold. They'll probably just be shut down.

0:16.1

Welcome to the Rich Drummers Report where we talk real estate, business, and wealth building all while keeping it real.

0:21.6

No fluff, no BS. I hope that you enjoy the show.

0:29.8

All right guys welcome to another episode of the report. Today we are in the studio here in downtown San Diego,

0:35.9

and I got a special guest who's actually living in my hometown of St. Clementi,

0:41.0

and super excited. We're gonna to be talking all sorts of stuff.

0:44.2

Talking what's going on in the economy. We're going to be talking about his exits and

0:47.8

everything that he's working on. He owns 25 million dollars in real estate in

0:50.9

addition to this. I got my man, Mark Moss. Mark welcome to the show.

0:54.4

Yeah Rich, thanks so much. What a pleasure getting to know you and man we barely got

0:58.9

enough time to record because we've been talking so much. I know we've been

1:01.0

talking for like an hour and 20 minutes and I'm like dude it felt like 10

1:03.8

minutes yeah like we better jump in we got a lot to talk about yeah how long you

1:07.6

been living in St.C. money for I moved there when I was in like middle school my

1:12.1

parents moved there we were living in Texas and my dad was in

1:15.6

construction and when the oil market crashed in Texas my dad's like head west young man so moved to California so I moved

1:24.2

there when I was in middle school so kind of ever that's crazy so we were

1:27.2

probably there at the same time I I grew up there I moved out of there when I

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Rich Somers, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Rich Somers and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.