RICK TRIMMER | Win the Game of Money

If you've ever lost everything (a business, a marriage, your sense of who you are) this conversation is proof that the collapse isn't the end of your story. Rick Trimmer walks through the exact math he and his wife used to climb out of $640,000 in debt: the thousand-day stretch with no pay, the decade of living on a thousand dollars a month, and the brutal conversations he had with himself and his wife about what they actually wanted. If you're in the hole right now, or you're scared of ever being in it, this is the blueprint for how a man digs out without excuses and without quitting on his family. But this isn't just a comeback story; it's a lesson in delayed gratification and what winning the game really looks like. We'll cover how to build passive income, take advantage of opportunities that scare you, and chose freedom over the appearance of success. If you're tired of chasing a lifestyle you can't afford, or you're ready to start building something that actually lasts, this conversation gives you the mindset and the moves to get there. SHOW HIGHLIGHTS 00:00 - Episode Introduction 03:05 - Introduction to Rick Trimmer and Real Business Owners 05:08 - What Sets Entrepreneurs Apart: IQ, Drive, and Delusion 07:10 - Overcoming Weaknesses and the Power of Mentorship 09:12 - Leaving Corporate Life and Betting on Yourself 11:23 - The Reality of Financial Risk and Losing It All 13:32 - Repaying $640k Debt and Working 1,000 Days Straight 17:01 - Sacrifice, Top Ramen, and Building a Foundation 23:08 - Living on $1,000 a Month to Buy Freedom 29:05 - Getting Started in Real Estate and Finding Mentors 37:49 - Creative Financing and Acquiring Rental Properties 43:30 - Hitting the Passive Income Goal and Traveling the World 49:19 - Why Financial Freedom and Time with Family is Worth the Grind 54:57 - Consumerism vs. Real Wealth 01:00:55 - The Men's Forge and the Power of Live Events 01:04:29 - Saying "Yes" to New Opportunities 01:08:36 - Where to Connect with Rick Trimmer Battle Planners: Pick yours up today! https://store.orderofman.com/products/order-of-man-annual-battle-planner Order Ryan's new book, The Masculinity Manifesto https://www.amazon.com/Masculinity-Manifesto-Establishes-Influence-Credibility/dp/1684513316/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1665048672&sr=8-1. For more information on the Iron Council brotherhood https://orderofman.link/iron-council. Want maximum health, wealth, relationships, and abundance in your life? Sign up for our free course, 30 Days to Battle Ready https://orderofman.link/battle-ready-0

• 0:01Speaker 00

  If you've ever lost everything or anything, a business, a marriage, even just a sense of who you are, this conversation today is proof that the collapse that you've had, much as I have in my life, is not the end of your story. My guest today, Rick Trimmer, walks through the exact math that he and his wife used to climb out of $640,000 in debt. Also, the 1,000 day stretch with no pay, a decade of living on $1,000 a month, and the brutal conversations he had with himself and his wife about what they actually wanted. So if you're in the hole right now, or you're scared of ever being in the hole, this today is the blueprint for how a man digs

• 0:46Speaker 00

  out of that hole without excuses and also without quitting on his family. And this isn't just a comeback story. It's a lesson in delayed gratification and what winning the game actually really looks like. So we cover how to build passive income, take advantage of opportunities that scare you, and ultimately choose freedom over what so many people have been addicted to, the appearance of success. So if you're tired again of chasing a lifestyle that you can't afford, or you're ready to start building something that will actually last for you, this conversation gives you the mindset and the moves to get there.

• 1:28Speaker 01

  You're a man of action. You live life to the fullest, embrace your fears, and boldly chart your own path. When life knocks you down, you get back up one more time, every time. You are not easily deterred, defeated, rugged, resilient, or strong. This is your life. This is who you are. This is who you will become. At the end of the day, and after all is said and done, you can call yourself a man.

• 1:53Speaker 00

  Gentlemen, welcome to the Order of Man podcast. I am your host, Ryan Mickler, and the founder of this 11-year movement to rebuild and restore masculinity. Glad you're tuning in. Glad you're here. Got a very powerful conversation with a good friend of mine who has a lot of knowledge in how to build a lasting business, a financial empire, and a life that I think most people probably simply dream of. Before I get into that, just want to mention my friend, speaking of legacy, my friends over at Montana Knife Company. I got their folding knife, their brand new folding knife, it's called the Montana, about a month ago. And in

• 2:35Speaker 00

  that box is a card, and there's signatures for multi-generational signatures. So I have signed that one. Eventually, my son will sign that one, and hopefully his son, and his son, and his son. But I think there's eight generations on there of men who can sign that card. And I thought that was a nice touch, but it also shows how much pride they take in building knives that are going to last the test of time. And that's what I want. I don't want a cheap little pocket knife, or something I picked up at Walmart. If I'm going to have a knife, and I'm going to cook food for my family, or break down a deer, or defend myself, or even just pick my teeth,

• 3:17Speaker 00

  because I can't get a piece of meat out between my teeth, and I don't have a flosser, I'm going to look to having a Montana Knife Company knife. And I would encourage you to do so as well. Guys, head over to montanaknifecompany.com, use the code ORDEROFMAN, all one word, at checkout, save some money. You don't need to spend more money than you have to. Use the code ORDEROFMAN at montanaknifecompany.com. Alright, guys, let me introduce you to my good friend and guest. His name is Rick Trimmer. He's an entrepreneur. He invests in a lot of real estate, and he's also a partner with real business owners, where he now helps other business owners build wealth with intention, as opposed to the ego that gets to the better

• 4:02Speaker 00

  of us, myself included. After building and then losing a 300-employee company in the 2008 recession, he found himself $640,000 in debt. Most, if not all, of his assets repossessed. His family displaced. He ended up living in the basement of his grandparents' house. But Rick rebuilt from zero through very, very disciplined savings. Owner refinanced real estate deals, and then growing his Airbnb portfolio, eventually clearing every dollar of that $640,000 in debt, and then retiring in his mid-30s. He and his wife spent nine years traveling full-time with

• 4:44Speaker 00

  their kids, hitting over 88 countries, all 50 states, before returning home to build again, including a planned 100-acre Airbnb compound, for lack of a better term. And I've seen it, it's beautiful, and several new ventures launched in the past six months. If you are a man trying to find out how to escape the rat race, guys, this one's for you. Rick, what's up, man? Second person to be doing the in-person interview here.

• 5:13Speaker 02

  I love it, dude. I was just saying how cool it is that this is, you got this all set up. I love that you know how to run it all. I don't.

• 5:20Speaker 00

  Yeah, well, it's taken 11 years. I think for someone who is smarter, it might take them a few years. But for guys like us, it takes a lot longer. No, I'm cool. You can come over. I know you just, like, you've been in business for a long time, and you've started a lot of businesses. But then you just took over real business owners from a mutual friend. You started working with him, Trevor. And like, I'm just really curious, because I think there's so many guys out there who, they want to start businesses. You know, maybe they're in a career, or maybe they're just making ends meet, but they want to like, actually do something that can build wealth, but have meaning and significance behind it.

• 5:59Speaker 02

  100%. Yeah, I highly recommend it. Like I said, that's the only thing I've ever known is being an entrepreneur. I came out of college, and I knew, I saw my dad go from being this, you know, growing up poor, you know, to buying even his ranch. Yeah. You know, and I just saw what's possible. If you, and again, it's not for everybody. That's one thing I'm learning, is a lot of people say, you can do it, you know, go for it. And I think you have to really talk to the person and the individual. Now that I am a part of RBO, I'm having a lot of conversations with people. And a lot of them, I'm like, man, you know, maybe stay where you're at, you know, to be honest, to be truthful.

• 6:43Speaker 00

  Well, because nobody talks about that. Like, they all, they all say, everybody should own a business. And

• 6:48Speaker 02

  In theory.

• 6:48Speaker 00

  In theory, right, exactly. What do you think, okay, so what do you think sets apart somebody who should own a business, who should be an entrepreneur, from somebody who maybe is better suited to follow a career path, or work with a large organization, and work up the corporate ladder?

• 7:05Speaker 02

  To be blunt, I think IQ. I really think your intellect. You have to juggle a lot. You have to make quick decisions. You know, if you just, if you just don't have that IQ, you know, I think it's like anything in life. There's lots of people who maybe want to be a doctor, but you don't have, I don't have the IQ to be a brain surgeon. I really don't. Yeah. I may have the work ethic, I may have, you know, the physical attributes, or whatever, to move my hands and all these things, but to actually have the IQ to be a brain surgeon, I don't think I have it.

• 7:37Speaker 00

  But that's, but I mean, okay, so look, I get what you're saying, but that, that's not to say that everybody who climbs the corporate ladder is a lower IQ person, though.

• 7:46Speaker 02

  No, no, no, no.

• 7:47Speaker 00

  Like, there's people who thrive. So there's got to be like, other things, too, right?

• 7:51Speaker 02

  Yeah, and I think you just, like I said, you don't have to be a genius. There's a window, right? There's a window. I don't think I'm a genius. I don't think I am. I'm far from it.

• 7:59Speaker 00

  I think I am.

• 8:00Speaker 02

  Yeah. And you probably are, right? 11 years to run your podcast.

• 8:03Speaker 00

  That's actually probably what it, actually, I think that is kind of what it takes, a little bit, a little bit of, a little bit of delusion.

• 8:11Speaker 02

  Yeah, it does.

• 8:12Speaker 00

  Like, healthy delusion. Like, I can do this. Well, why? 100%. Why do you think you can do that?

• 8:15Speaker 02

  And that was, so that was going to be my number two. Number one's IQ. Number two is tenacity, drive. You know, you can overcome a lot of the IQ issues with that, with being able to just say, I'm not going to quit, I'm not going to fail. But I still think that's a smart person that can say that. I think that's a person who is, again, in that window, you don't have to be a genius, but somebody that can say, okay, can I do this? Yes, I can. I know I have my faults. I know I have my limitations. But you can hire those.

• 8:47Speaker 00

  Yeah.

• 8:47Speaker 02

  You know, it's one of those things where, when I, was that the AC?

• 8:52Speaker 00

  It is, but it actually doesn't pick up on the mics, which is crazy.

• 8:55Speaker 02

  Basically, it's just having that, that you can, you can overcome the, you know, you can overcome your, again, oh yeah, that's what it was, was hiring your weaknesses. So I think, but I still think that takes a smart individual to realize, I'm not good at math, I'm not good at this, but I am good at this, and I can overcome that by delegating. But I still think that takes intellect. And again, I think you can overcome a lot of that with a mentor. You know, I think if you, I think if you're humble, and you have humility, and you're willing to learn and say, man, I don't, I'm not the smartest guy in the room, you can overcome a lot of these, the IQ thing and the driven thing by having a mentor that says, hey, watch out for this,

• 9:39Speaker 02

  watch out for that, you know, watch out for these landmines. And so, I do believe it is the best way. I mean, you're an entrepreneur. You've been doing this for your whole life, pretty much, right?

• 9:50Speaker 00

  I mean, well, not the podcast, but

• 9:52Speaker 02

  I mean, an entrepreneur. You've been an entrepreneur.

• 9:53Speaker 00

  No, actually, no.

• 9:54Speaker 02

  Oh, really?

• 9:55Speaker 00

  No, I mean, I did a lot of odds and ends types of jobs that everybody did. And then I was actually working in retail management.

• 10:02Speaker 02

  Okay.

• 10:03Speaker 00

  For a, for a big chain, buckle clothing store.

• 10:05Speaker 02

  That's right. But I thought you were like, how long did you do that for?

• 10:09Speaker 00

  I think I started working with a financial planning firm around 25, and I did that until I was about 32 or 33.

• 10:20Speaker 02

  And that was working for someone? Because that's kind of like being an entrepreneur. That's got, that's kind of a mix.

• 10:24Speaker 00

  It's quasi, right? So I was working with a financial firm, and then about five or six years into it, I started my own registered investment advisory thing. And that's where I, I really struck it out on my own, and I haven't looked back since.

• 10:37Speaker 02

  And how old were you then?

• 10:39Speaker 00

  30s, let's see, 34, 33, 34, somewhere in there.

• 10:45Speaker 02

  Yeah. So what, I mean, what made you, you know, want to do that? What made you think, I'm going to, I'm going to bet on myself?

• 10:52Speaker 00

  I, I had a

• 10:55Speaker 00

  I had an early mentor in the financial planning field and he's been on the podcast before. His name's Mark Manson, uh, uh, Mattson, excuse me. And

• 11:07Speaker 02

  Mark Mattson from Pineview?

• 11:09Speaker 00

  No, somebody else. He's out in Ohio. But anyways, he, he was telling me a story and he said, you know, Ryan, when I, when I went out, I was working for a financial planning firm and then I decided I'd want to go out on my own. And so he went to his boss and he said, hey, I'm thinking about going out on my own. And the boss just berated him. He's like, you can't do it. It's too hard. You don't have what it takes, blah, blah, blah, blah, blah. And Mark, Mark said to him, and I'll never forget this. He said, I'd rather live in, under a cardboard box than be your little bitch for the rest of my life.

• 11:39Speaker 02

  Yeah.

• 11:40Speaker 00

  And I think that's the mentality. And I look, I'm not saying, again, I want to be very clear. I'm not saying that anybody who works in the corporate environment is being a little bitch.

• 11:49Speaker 02

  For sure.

• 11:50Speaker 00

  That's not what I'm saying. But if somebody has the heart for going out and doing something and failing, I've always had the attitude, I would actually rather reinvent, everybody says, don't reinvent the wheel. I'd rather reinvent the wheel if it means that I own the wheel.

• 12:05Speaker 02

  For sure. Or you are the will.

• 12:06Speaker 00

  Yeah, sure.

• 12:07Speaker 02

  You are the will. And it's like to reinvent yourself, you know, Trevor was just talking about this on our podcast, about to become something new. You have to shed your skin. You have to reinvent yourself or you're going to stay the same. And that's exactly right. It's like you have to, to level up, you have to let go of an old version of yourself.

• 12:25Speaker 00

  Yeah.

• 12:25Speaker 02

  And it's scary. That's why most humans don't statistically, you know, nine out of 10 humans have a day job. They have a job. They go and they clock in. They're not, you know, they're not entrepreneurs.

• 12:37Speaker 00

  Right.

• 12:38Speaker 02

  Uh, because it is scary. There is that. And that's the other thing I was going to say is probably number three or four is risk, um, management risk. You have to be like, I, I remember talking to my grandpa Roy. Cause I watched him do the work for somebody for his whole entire life. He didn't miss a day of work in 40 years, not a day. I mean, that's was his badge of honor, right?

• 13:01Speaker 00

  Crazy, yeah.

• 13:02Speaker 02

  And I watched him when he passed away at the age of 82. He was worth like 1.4 million, something like that, right? But he was the guy who saved $50 of every paycheck, you know, 25, 50, 100, 200, put it into stocks, safe, safe, safe. And I come along, right? And we had a relationship, um, I'm 40 years younger than him, 40, 40 something years younger than him. And but when we became friends, he was really close friends and we became like my best friend.

• 13:34Speaker 00

  You've talked a lot about him.

• 13:35Speaker 02

  Yeah. He was 70, I'm 30. And it was funny because when I started out, you know, my story, you know, I was doing really well, had a big company, 300 employees in Mexico. I was 26 to 20 to 30. And he was watching that and he's like, man, good job, Rick. You know, that's awesome. That's crazy. And then I lost everything.

• 13:54Speaker 00

  Yeah.

• 13:54Speaker 02

  And he's like, told you so. Told, you know, like this is why I never

• 13:57Speaker 00

  You're in 2008, 2009?

• 13:58Speaker 02

  2008 was when it started and then I officially was homeless and lost everything and all my cars and all my, every, my world, uh, assets. And I'm not assets, liabilities, but I lost my

• 14:08Speaker 00

  Yeah, not assets anymore.

• 14:10Speaker 02

  Yeah. Yeah. Um, what I thought was assets, but, uh, I lost all those things. Moved into his basement. Um, and he was like, that's why I never did that. And I says, okay. And he says, so are you going to go get a job? And I'm like, no, I'm going to keep this going. And I ended up, that's what, you know, the story. But, uh, I worked a thousand days in a row, no pay. Um, me and my wife regroup, we had $640,000 of debt that I didn't declare bankruptcy. I was just not raised that way. My dad actually uh, declared bankruptcy when he was 30. And he went back 12 years later. He actually didn't want to. His partner at the time had to wanted to. So he was forced into it because it was a partnership.

• 14:54Speaker 02

  And he went back 12 years later, 14 years later, after he had sold his company in Vegas for millions and then paid all those people back.

• 15:01Speaker 00

  Whoa, really?

• 15:02Speaker 02

  Which is

• 15:02Speaker 00

  Even though he was no longer legally obligated?

• 15:04Speaker 02

  Legally obligated. He's done.

• 15:05Speaker 00

  Whoa.

• 15:06Speaker 02

  So I, I was always raised with that mentality. So again, I'm not saying if you declared bankruptcy, you're a bad person. You know, like you said, you always have to say those things, but the way I was raised was I borrowed the money. I said, yes, I effed up. And I didn't want other people to pick up the tab. And so me and my wife sat down and we said, okay, we got to pay this back. We're going to go hard at work. And I remember going to Roy saying, I'm going to go, my wife had to get a job so that we had some income to buy food and shelter and all these things. And I says, no, I'm not done, Roy. Like I learned, I learned. That's the best lesson. That's the best education I ever could have got was that situation.

• 15:47Speaker 00

  Right.

• 15:48Speaker 02

  And so now I'm going to go back into this with that better knowledge. I'm going to pick up the bad. I think that's another thing with entrepreneurs. You have to be willing to strike out. You have to be willing to change your grip, get a coach, you know? Keep swinging, keep swinging that tenacity. And then it was funny because I start coming out of the hole and I start taking some chances. I started buying properties and businesses and Roy's there the whole time. And I'm still in debt, but I'm hustling. I have nothing to lose, right? I'm like, I'm already in debt. I'm already have no home, no cars. Like let's just go. So I went full bore. And he was just like, Rick, slow down, be careful. Don't, I remember him grabbing me everything I, I'm like, I'm going to buy this lot. And he's like, don't do that.

• 16:31Speaker 02

  I'm like, I'm going to buy, I'm going to give this hard money loan to this guy. Don't do that. And, uh, about four years in, I started getting some traction and my net worth went from negative 600,000 to a couple million in, uh, five years. And he came to me after that and he says, I don't have the personality for what you're doing, but man, I admire it. I admire that you didn't give up, you betting on yourself. And I've watched you go over my net worth from the hole that he was, had never been in.

• 17:07Speaker 00

  Yeah.

• 17:07Speaker 02

  And he says, that's only possible through entrepreneurship. And so, but again, I, when I was buying those Airbnbs and stuff, I remember I bought like three or four. And the first couple, he was like, don't buy him, don't buy him. And then by the fourth, he says, Rick, maybe I should buy one.

• 17:23Speaker 00

  Starts coming to you.

• 17:24Speaker 02

  And I said, I says, let's do it. Like I'll help you, but what you have to understand is these are Airbnbs. People are going to come in, they're going to, you know,

• 17:31Speaker 00

  Thrash your

• 17:32Speaker 02

  Thrash your place.

• 17:33Speaker 00

  Fix the toilets and

• 17:35Speaker 02

  And I took him into my Airbnb for, uh, one of my Airbnbs for a couple of weeks and showed him how people are washing their dog in the sink and cleaning their mountain bikes in my kitchen and whatever they can think of, you know? You know, things in the beds, you know, things like that. You can imagine there for

• 17:50Speaker 00

  Don't take a black light in there.

• 17:51Speaker 02

  Don't take a black light. And he says, I can't do this. But he was, he was, and I think with a mentor and a coach, he could have. But 80 years of being the way he was and his personality, and that's where I think people really need to sit down and say, you know, can I live with this schedule with this? I mean, there's so, you know, it is, man. Everybody wants your life. I'm talking about you. I know your life is amazing. You're telling me all these things you're doing this year. You have a beautiful life. Show them how you got here.

• 18:25Speaker 00

  Yeah.

• 18:25Speaker 02

  And I have people come to my office and call me all the time, especially now that I'm with real business owners. And they're like, hey, I want, I want to travel the world for nine years and retire at 36. And I'm like, cool. Let's go through your finances.

• 18:37Speaker 00

  Here's what you do. Here's

• 18:38Speaker 02

  Dude, I lay it out and there are nine out of 10 of them are like, I'm out.

• 18:42Speaker 00

  No, thank you.

• 18:42Speaker 02

  They're like, dude, I can't eat top ramen for five years.

• 18:45Speaker 00

  Right.

• 18:45Speaker 02

  I won't. My wife won't. My kids won't. I'm like, well, my wife did, my kids did.

• 18:50Speaker 00

  Yeah.

• 18:51Speaker 02

  But I wanted the reward.

• 18:52Speaker 00

  Worked. She was a police dispatcher and she probably

• 18:54Speaker 02

  For those six years, for those six years, she, she started out as a police dispatcher to put like literally ramen noodles on the table. And then once we started getting the Airbnbs, she managed the Airbnbs, all of them, cleaning and, and, uh, bookings and did the police, uh, job. And then I went full bore into my businesses and trying to buy the Airbnbs. And buying, I bought like four or five more businesses.

• 19:21Speaker 00

  How did you go? I mean, so there's a big gap there, like $650,000 in debt to, yeah. And then I bought seven Airbnbs. Like, whoa, whoa, whoa, hold on, hold on, hold on. Cause like, that's what the internet says. It's like, yeah, you just go out and

• 19:35Speaker 02

  Run 100 miles.

• 19:36Speaker 00

  You use other people's money and then you buy seven Airbnbs and then you make a hundred percent return every year. And then you take that money that's not even yours and you go out and it's like, okay.

• 19:47Speaker 02

  Yeah.

• 19:48Speaker 00

  A-hole.

• 19:48Speaker 02

  Yeah.

• 19:48Speaker 00

  That's not how it works. So, so like what, so how did you do that? Let's, was it, was it an Airbnb first to start clawing out? Or how did you start making generating revenue?

• 19:59Speaker 02

  Yeah. So I, so I just did a podcast on this at Real Business Owners. So if anybody wants to go listen to that, I just recorded it. It'll come out in a couple of weeks, but it's literally on that story because that's probably the number one question that I get is how did you exit your businesses at the time? I had like eight and eight Airbnbs. How did you build that? And then exit and walk away and work four hours a month for the last nine years.

• 20:23Speaker 00

  Right.

• 20:24Speaker 02

  So if you want to get real in depth, you could go listen to that. But for this to, to kind of abbreviate it, yeah, man, it was, I tell people, dude, for like six months, it was sitting in my basement.

• 20:37Speaker 02

  Playing Call of Duty, drinking beer, depressed. That's six months of it. I didn't look for other people's money. I didn't know what the hell that meant.

• 20:45Speaker 00

  Right.

• 20:45Speaker 02

  It was depression. It was, I messed up as a man. I failed my family. I had a newborn child two weeks after we lost our home and we were literally crowd surfing, couch surfing, crowd surfing. Totally different.

• 20:58Speaker 00

  Yeah.

• 20:59Speaker 02

  Couch surfing and living in hotel rooms, shady hotel rooms. Until my grandparents basement opened up, but dude, it was dark. And that's where I think people resonate with this and where I would resonate with it if I had heard the story is it was not easy. It was not six months of, you know, buckle down and hustle. It was six years that people have no idea. When I'd recorded my podcast yesterday, I started crying like four times. And, and I had my producer in there, my RBO producer, Nick, and Trevor doesn't cry. He never cries. And

• 21:36Speaker 00

  Real man.

• 21:36Speaker 02

  Yeah, exactly.

• 21:37Speaker 00

  What does that say about you?

• 21:38Speaker 02

  Exactly. But at the end, he says, I says, dude, sorry, I cried, you know, I just, and he, and he says, oh, that's cool, man. And I says, it's just, it's like in my soul. It's just, it's part of me is that story and that, and I can snap my fingers and go right back to that couch or right back to a thousand days plus, like, like a thousand days plus of not missing one day of work, 12 hour days. Missing first, my kids first steps, missing my kids, my, my wife would text me and say, Castle just said daddy. And I'm like, cool. I'm at my effing job, you know, like, and then I'd call my dad. And this is where you need to have people in your corner, a wife, a spouse, a husband, whatever it is. And I would call my dad and I'm like, what am I doing?

• 22:22Speaker 02

  Like, what am I doing? And he says, Rick, if I would see, if I saw that you were making this money and just blowing it again, like you did before on motorcycles and watches and big houses, I would say, stop and go home and play, play with your kids. But I see that you are doing things that no one is willing to do. And it's going to pay off. And Trevor always talks about this where they're, you know, with entrepreneurship, it's usually a wave, right? You're building this wave up. You're building this wave up. You're not taking a paycheck. You're taking a tiny paycheck. You're reinvesting all your money. For the, your working nights, your working weekends, for the hope that in five years, 10 years, my dad, Kendall, we had him on the Real Business Owner Podcast.

• 23:05Speaker 02

  He sold his business for millions of dollars in Vegas. And he, but I know for the 14 years he took building that, it was, we're broke. We were eating frozen burritos and his truck was shitty. And our light, we looked like we were as poor as poor. And then overnight, he had a million dollars.

• 23:28Speaker 00

  That's where it flipped the switch.

• 23:29Speaker 02

  Dude, he, he says, he tells the story of when he, the, the venture capital company that bought his business. He says, they wrote me a check and I put like a $4 million check in my pocket. And he says, I'm with my, I'm with your mom and Bill, his partner at the time, they rented a limo. And he's like, it's my first time in a limo in 45 years. And they were going out to celebrate. They were gonna have a nice dinner. They were going to gamble and they went to gamble and it was like a hundred dollars a chip.

• 23:57Speaker 00

  Right.

• 23:59Speaker 02

  And the day before, he's broke.

• 24:02Speaker 00

  Yeah.

• 24:02Speaker 02

  The day before, he's broken, trying to make payroll, you know? And, uh, cause they just reinvested everything into selling that business. Every dollar went into knowing that they were gonna exit. And so he says, my mom was grabbing, like, Bill's, keep betting, keep betting. And Kendall's like, I'm done. Like, we're up 500 bucks, you know? And Bill's like, it's not about the money. We're just gonna blow a thousand. It's entertainment. It's just a story to tell someday. And Kendall's like, okay. And my mom kept grabbing the chips.

• 24:29Speaker 00

  And putting them.

• 24:30Speaker 02

  And putting them in her pocket. And she, and she says, get emotional.

• 24:38Speaker 02

  Sorry, man. But she says, this is groceries.

• 24:43Speaker 02

  You know, and she still couldn't process that they were millionaires. And so, yeah, dude, I, I, uh, it was, it's, it's a long road. It was hard. There was obviously a big gap there, but it was, it was just, it was doing the math. I'm a big math guy, huge math guy. And I, and I talked about this on my podcast yesterday where I sit down with Gina and I remember talking to her and I says, hey babe, do you want to leave me? Serious as a heart attack. I had a couple of friends that wives left them when they lost their money.

• 25:11Speaker 00

  Yeah.

• 25:12Speaker 02

  I'm out.

• 25:12Speaker 00

  Common.

• 25:13Speaker 02

  Common.

• 25:14Speaker 00

  Right.

• 25:15Speaker 02

  And I says, do you want to leave me? We have a two week old child. I says, do you want to bail? You know, this is probably your chance.

• 25:20Speaker 00

  Now or never. You're either out or you're in forever.

• 25:23Speaker 02

  I told her, I'll take all the debt, you know, I'll, I'll take all the debt. You can walk away and start, start new. And she's like, what are you talking about? Right? Like, and that was a big thing for our relationship. And I said, what do you, uh, what do you want? You know, what do we want to do? We played the game the way my dad told me and society told me, get a job, you know, go to college, get a job. Make a little money, upgrade your life, upgrade the size of your house, get a bigger truck. Keep having payments, keep having payments, keep having payments, but you'll have a good life. You'll have a boat payment, but you can go to the lake. You can take two weeks off every year and go do a vacation. And I bought in on it and I went in all, I went in hard.

• 26:06Speaker 02

  And then when that was all taken away and you get to that point where you're like, that wasn't fun. I didn't, I didn't feel fulfilled with my boat payment and my chopper payment. And I says, uh, what do you, I says, what do you want? She couldn't even answer. She's like, a house back? I'd love a house. I'd love a car. We had no car.

• 26:23Speaker 00

  Right.

• 26:23Speaker 02

  I went from six cars, three motorcycles, two four wheelers to zero. It all got repossessed, dragged out of my driveway by a winch.

• 26:34Speaker 02

  And so she says, I don't know what you're asking. I says, what if we retired in 10 years? And traveled the world. And she's like, okay. Like couldn't even.

• 26:43Speaker 00

  Sounds good.

• 26:44Speaker 02

  I remember telling my dad like a year later, you know, and he's like, okay.

• 26:49Speaker 00

  For sure. It's unbelievable.

• 26:50Speaker 02

  It was unbelievable. And it was at the time, but I did the math and, and this is the key. And I think this is where a lot of people miss it, even when starting a business or their goals or dreams. It's like, everything costs money. That's life, right? Money's the tool to buy your freedom or, or start a business or anything. And so I think first thing is sit down. And so we sat down and I said, okay, our bills are a thousand bucks a month. We didn't have a mortgage. We were in the basement of my grandparents' house. I says, if we keep living off a thousand dollars a month for the next decade, decade. My grandparents were like, stay here forever.

• 27:24Speaker 00

  A long time.

• 27:24Speaker 02

  We don't care.

• 27:25Speaker 00

  Yeah.

• 27:26Speaker 02

  And I'm like, but what happens is you could make 30 grand, you live off 30. You make 50, you live off 50.

• 27:32Speaker 00

  Yeah.

• 27:32Speaker 02

  You make 100, you live off 100.

• 27:35Speaker 00

  There's a lot, I, I don't know. I think it's Parkinson's law. I think it's Parkinson's. I could be wrong, but anyways, the, the law is, uh, your work expands to the time allotted. But the same is true of your finances. Your expenses expand to the income allotted.

• 27:53Speaker 02

  Hundred percent.

• 27:54Speaker 00

  For most, it doesn't have to be that way.

• 27:55Speaker 02

  And, and

• 27:56Speaker 00

  But for most people, it is that way.

• 27:57Speaker 02

  Most people, it is that. And so we continued to live off a thousand bucks. And then after three years, I landed a big job in Vegas. I worked three years, no check. I landed a big job in Vegas, a hospital, a veterans hospital. Shout out to the vets. Uh, those are my heroes. And, uh, I got a, I got a windfall, right? I got like $52,000.

• 28:19Speaker 00

  Yeah.

• 28:19Speaker 02

  And I'm like, woo.

• 28:20Speaker 00

  We're loaded.

• 28:21Speaker 02

  We're rich. So I went to a lot of the creditors. Uh, you can settle with people. I didn't realize this, but like when they repossess your truck and it's a $27,000 truck you owe, and they sell it for 17, you owe them 10.

• 28:32Speaker 00

  Right.

• 28:32Speaker 02

  I didn't know that. They called me up and they're like, hey, this is Twill Federal Credit Union. You owe us 10 grand. And I'm like, you took it. And they're like, it's the difference. And I'm like, you sold that jacked up mega cab with $7,000.

• 28:45Speaker 00

  What are you doing? We don't care. We're gonna get that money back.

• 28:48Speaker 02

  We don't, we got what we got from them and we're coming after you for the rest.

• 28:51Speaker 00

  Yeah.

• 28:51Speaker 02

  And so I was able to settle with them, like 10, I got 30 cents on the dollar. Most people settle for.

• 28:56Speaker 00

  Yeah.

• 28:57Speaker 02

  So I settled a bunch of that, but then I got that money and I, I got rid of a bunch of creditors. Again, that's about three years in and I had about 20 grand left and I hid it under my mattress because I was afraid of banks. Everybody seemed like they were coming after my money.

• 29:10Speaker 00

  Totally.

• 29:11Speaker 02

  I was afraid to check the mail. I was afraid to answer my phone for years, for years, not a day, not a week, for years. And got about 20 grand and I ended up buying a lot first because I didn't know, again, this is where you should get mentors. But I didn't know, I just knew I want.

• 29:28Speaker 00

  I'm gonna buy this lot and then what do I do?

• 29:31Speaker 02

  It's the only thing I could afford, you know, like houses are back then were a couple hundred thousand, right?

• 29:36Speaker 00

  Which I wish they were today.

• 29:37Speaker 02

  Me too, I should have bought.

• 29:38Speaker 00

  I remember.

• 29:38Speaker 02

  I bought eight, I should have bought a hundred.

• 29:40Speaker 00

  Exactly. Like I bought in 2006.

• 29:44Speaker 02

  Yeah, your, your house, you're still on it, right?

• 29:46Speaker 00

  Yeah, I still own it. And so I've owned it for 20, so I have, you know, 10 more years of things paid off.

• 29:51Speaker 02

  Awesome.

• 29:51Speaker 00

  But I remember we bought it, I think we went under contract or we secured it or something for like 210 or something. And.

• 30:00Speaker 02

  You're stressed about it.

• 30:03Speaker 00

  It kept going up and the county wouldn't release the, the lot or whatever. We already had it secured. But every time, every week, the county wouldn't release the lot. The price was, went up, but we didn't have a lot. They wouldn't let you lock it in.

• 30:17Speaker 02

  Wow.

• 30:18Speaker 00

  So it was like 215 and then it was like 220. And then I told my ex, my then wife at the time, and I said, Hey, look babe, if this goes up much more than this, like, I don't know if we're gonna be able to do this. And it got up to 240. And now I'm like, dude, I would make that deal. Any day of the week, I'd make that deal.

• 30:40Speaker 02

  Hundred percent. And that's, and that's, so that's where I started reading and listening. I don't even think podcasts were really a thing. This was 2012, about when you started yours, right?

• 30:49Speaker 00

  Yeah, 2000, yeah, 2015, 14.

• 30:52Speaker 02

  Which you were like the, I remember.

• 30:53Speaker 00

  Very early.

• 30:54Speaker 02

  Dude, you were so early. And so I think it was more books and stuff, but I remember reading that most wealth was built through real estate, right? And I didn't know, my dad didn't have a lot of real estate. So I just went and bought a lot. It was like 25 grand. I had 20. I put like five grand on a credit card. Again, my grandpa was like, what are you doing? What are you doing? And I says, I don't know. I know that this is better than a Jeep or a motorcycle or a fancy watch. That's all I know. And I have, I learned to trick myself because I'm, I was and I am now, but I was not good with money. I'd spend it. I didn't care. I didn't think long-term, but now I have a goal. Now I know that I'm gonna retire and travel the world. And when we went through our finances,

• 31:33Speaker 02

  again, like I was saying, it was a thousand dollars a month was our overhead at the time. And I said, and so I went through and I'm like flights in 10 years. I, I remember adjusting for inflation because my goal was so far out.

• 31:45Speaker 00

  So you adjusted for inflation?

• 31:46Speaker 02

  Yeah, yeah.

• 31:47Speaker 00

  And it was probably a lot higher than you thought.

• 31:49Speaker 02

  Yeah, I was like, yeah, yeah. I was like, okay, I think we could travel for eight grand as a family of four. I knew we'd probably have another kid. I mean, dude, it got weird to where when you're planning that far out and you gotta math it, it was like, okay, we're probably gonna be a family of, of four, maybe five.

• 32:05Speaker 00

  Yeah.

• 32:05Speaker 02

  So what's that gonna look like? I'm gonna have an extra flight that didn't even exist. He wasn't even a thought, you know, then. And, but I got to where I was like, okay, 10 grand, I think 10 grand. I thought eight and I'm like, I'm gonna have two grand for incidentals and inflation.

• 32:19Speaker 00

  Sure, yeah.

• 32:20Speaker 02

  And so I'm like, okay, I gotta get to 10 grand passive income.

• 32:22Speaker 00

  Okay.

• 32:23Speaker 02

  How do I get to passive income? What does that mean? Real estate, that's all I knew. Or business, right? Or business.

• 32:31Speaker 00

  Man, let me just take a step away from the conversation. I know you're, I know it's riveting. I know you're, you're clinging to every word, but I want to tell you that Rick's story, what you've heard so far, there's plenty more to share, didn't happen by accident. It happened because he had a framework from mentors and other people in his life and a way of thinking that turned his massive amount of debt into total freedom in less than 10 years. And I want you to think about that, less than 10 years. And most men never get there, not because they can't, but because nobody ever taught them the blueprint. And that's exactly what we're doing inside the War Room on Wednesday, August 19th at 8:00 PM Eastern.

• 33:12Speaker 00

  I'm gonna walk you through the five frameworks for restoring order in your life. It's the same kind of principles that Rick has used to rebuild his finances and his marriage and his mission after he lost it all. And this isn't theoretical. It isn't some pie in the sky type thinking or wishful thinking or hoping. This is the operating system for a man who refuses to stay broken or broke or scattered or just in turmoil. So if you've been drifting in your life, if your finances, your discipline or your house feel out of order, this one guys is for you. It's free, completely free. It's live and it's only gonna be happening this month.

• 33:56Speaker 00

  Again, that's gonna be August 19th at 8:00 PM Eastern. You can head to orderofman.com/warroom. Again, orderofman.com/warroom to save your seat in the room. You can do that right after the show to save that seat. For now, let's get back to it with Rick.

• 34:14Speaker 02

  And so then I just went to work, man, and I just started, I bought the lot. I ended up, what really changed my life was I was, we went on a vacation to Palm Springs. And this is how we would do our vacations. We'd find anybody who had anything that we could use. And so Gina's like, I have this uncle, this rich uncle in Palm Springs that has rental properties. And I could call him and see if we could just come stay in one when it's not rented and all we have is a hundred bucks in gas.

• 34:39Speaker 00

  Yeah.

• 34:39Speaker 02

  And that's how I would do my trips. Little, we'd get down there.

• 34:42Speaker 00

  I've been on trips with you. I know how cheap you are.

• 34:43Speaker 02

  I still am. I told you, now I'm good with money. Good dad.

• 34:47Speaker 00

  I'm like, dude.

• 34:47Speaker 02

  Dude, you know.

• 34:48Speaker 00

  Buy an ice cream for your kids, Rick. Let's go.

• 34:50Speaker 02

  Yeah, I don't, I don't.

• 34:52Speaker 00

  You're like, hey, can we have your leftover ice cream? It's like just the cone. It's all soggy. I'm like.

• 34:57Speaker 02

  I'm chewing on your bone of your steak.

• 35:01Speaker 02

  But it's hard to break those habits, man. It's, it's been, it's been 10 years of ingrained in me now. And so now I'm trying to work on, I'll, I'll get into that a little bit, but that's a hard habit to break. But yeah, so I, I did the math and I'm like, okay, I gotta get to passive income, bought the lot. And then my grandpa again was like, don't do it. And I went to Palm Springs and I remember I woke up one morning and her uncle was in, we were staying with him. He had a guest house on his property. And I come walking in one morning and there's a stack of checks on his desk, like at least an inch high.

• 35:35Speaker 00

  This is your grandpa?

• 35:36Speaker 02

  It's my great, my, my wife's uncle.

• 35:39Speaker 00

  Okay, got it.

• 35:39Speaker 02

  So, and he's like 80 years old at the time. He, he just passed away at 90.

• 35:46Speaker 02

  But I walk in, I'm like, hey, Uncle Grant, what you doing? Don't know him really. And he's like, oh, it's first of the month. And I'm like, what's that? He's like, it's rent. And I remember looking at it and I was like, dude, that's an inch and a half high. How many properties do you have? And he's like, I have over a hundred.

• 36:02Speaker 00

  Whoa.

• 36:02Speaker 02

  In California.

• 36:03Speaker 00

  Whoa.

• 36:04Speaker 02

  And I'm like, will you mentor me? Like, would you mentor me? And he's like, sure. You know, most people that are above you want to pull you up. The people who are below you are trying to pull you down.

• 36:13Speaker 00

  Yeah, interesting. Yeah.

• 36:15Speaker 02

  And so, so he mentored me and I says, this is what I got. I got my lot. Like I'm on the path. And he's like, sell the lot. What are you doing? That's, that's not a door. There's no cash flow. You're just waiting for it to appreciate. And so I went home, sold it and I called him and I says, I remember calling him and I says, hey, I sold it. And he's like, no shit. People just usually talk.

• 36:34Speaker 00

  Yeah, you actually did it.

• 36:35Speaker 02

  Okay. And I, he says, now start looking for a rental property. And I'm, I have no credit. My credit's annihilated. I sold up for 40, so I made like 15 grand.

• 36:48Speaker 02

  And again, this is where things, when you start looking, you know, like the yellow car, whatever that's called, where you start looking at yellow cars and now you see them everywhere.

• 36:55Speaker 00

  The reticular activator.

• 36:57Speaker 02

  Is that what it is?

• 36:58Speaker 00

  Is, yeah, it activates a part of your brain where you start seeing it everywhere if it's on your mind.

• 37:02Speaker 02

  Yeah. So I'm thinking, I'm thinking real estate. I'm thinking opportunity. And instead of looking at big trucks, I'm looking, you know, and so.

• 37:09Speaker 00

  It's, it's interesting. I'll just say one thing on that. I want, I want you to keep going on your story. It's interesting because a lot of people say, oh, you won't learn by osmosis. And I agree. It like, you don't just absorb it. But in a way with that reticular activation system, you kind of do. Because if you're spending time with five real estate developers, you're going, you're going to become a real estate developer. If you're spending time with broke people with, with poverty mindsets, you're gonna be a broke person with poverty mindset.

• 37:38Speaker 02

  For sure. And if you drive around, you know, and think I want to buy a motorcycle, chances are you're gonna buy a motorcycle.

• 37:44Speaker 00

  Whether it's a good idea or not, you're gonna buy a motorcycle.

• 37:47Speaker 02

  And so my brain flipped into, I'm gonna buy a rental property. And I just started looking for rental properties and opportunity in my budget, which was 40 grand, you know, like, how do I even start? And so I was on a trip to Vegas with some friends and I went over to the ATM. And again, this is like four years into my deal, right? Now I've gone from, so out of that 640 grand, about half a million of it was company debt, business debt. 140 was personal.

• 38:11Speaker 00

  Right.

• 38:12Speaker 02

  I'd whittled that down probably to, I mean, maybe, maybe 70 or 80, half with, with settling with the people and stuff. But still had debt, still had debt. But I was, I was like, okay, I'm okay to pay that interest and what, and whatnot to try to get some cash to get ahead. And so I went to the ATM machine to get like a hundred bucks out to gamble. And my buddy Brian Herrnberg grabbed my receipt. And he's like, hey, what's up, Rick? Oh, and you know, he had a couple of drinks, you know, and he's like, oh, dude, you have 50 grand in the bank? And I'm like, yeah. And he's like, bro, we all thought you were poor. And I'm like, I am poor. And he's like, no, but dude, I had no idea. You know, I was driving like a thousand dollar truck at the time, one car. My wife would walk to work.

• 38:56Speaker 00

  Yeah.

• 38:57Speaker 02

  I mean, just, we never went out to dinner, never went out. She didn't get her nails done. She didn't get her hair done. We just cut everything off. A thousand bucks a month for a family of three. You can imagine. Good luck.

• 39:05Speaker 00

  Yeah, good luck.

• 39:06Speaker 02

  I actually did the inflation for it yesterday and it's $1,500 today.

• 39:10Speaker 00

  Yeah.

• 39:11Speaker 02

  So can a family?

• 39:11Speaker 00

  But no.

• 39:12Speaker 02

  You couldn't. You'd have to live in your in-laws. You'd have to fi- figure it out. You could, but you'd have to.

• 39:17Speaker 00

  It would be.

• 39:18Speaker 02

  It would be very difficult.

• 39:20Speaker 00

  Yeah.

• 39:20Speaker 02

  And it was. I literally ate top ramen, dude, for, you know, three years. I mean, hard boiled eggs in the morning, you know, peanut butter and jelly sandwich for lunch and top ramen for dinner.

• 39:32Speaker 00

  A gallon of warm milk? You had to?

• 39:34Speaker 02

  I couldn't pour the whole, bro.

• 39:36Speaker 00

  So gross.

• 39:37Speaker 02

  Yeah, yeah.

• 39:38Speaker 00

  I always tease, I'm like, dude, he drinks milk. I'm like, he's a grown man and he drinks milk.

• 39:43Speaker 02

  Well, I have that heart condition, right? So I have the heart condition.

• 39:46Speaker 00

  Okay, that's fair.

• 39:46Speaker 02

  So I can, I can only have water or milk. I can't have any soda.

• 39:51Speaker 00

  Yeah.

• 39:51Speaker 02

  Anything stimulant. I mean, I could have a little bit of Sprite, but I don't drink sugar.

• 39:55Speaker 00

  Yeah.

• 39:55Speaker 02

  You know, so I have to mix it up, bro. And it's milk or water. So that's it, bro. It's tough.

• 40:01Speaker 00

  Sparkling water, though.

• 40:02Speaker 02

  Yeah, yeah, I do. I just got on that now. Yeah, I just got on that. I got my mentor, got the 40 grand, and then that guy, Brian, called me up two weeks later and he says, "Hey dude, I got this opportunity. This guy has an apartment that he inherited, and he wants to start a restaurant in Boise, Idaho. He's a young kid. He inherited it from his dad. And he said, "If you'll give him 35 grand, he'll put this condo at Las Palmas."

• 40:24Speaker 00

  Oh, yeah.

• 40:24Speaker 02

  You know, up for collateral.

• 40:27Speaker 00

  I'd probably thrashed your place at some point.

• 40:29Speaker 02

  Me too, me too, man. Sneaking into those pools and stuff. Dude, I went out there one time and the cops came and me and Trevor, you know Trevor, that passed away.

• 40:37Speaker 00

  Yeah, yeah, of course. I mean, I went to high school with him.

• 40:38Speaker 02

  I know, yeah, I love him, dude. I miss him. So, uh, there was four, two girls and two guys, and there was like 10 of us, but me and Trevor were under that little waterfall with me and him and a couple of girls. And the cops come, side note, and dude, one of the girls takes off running and I'm like, Trevor, I'm like, "Hey, just go underwater. Just go underwater and hold your breath. It's dark in this cave." And so we all three hold our breath and we're sitting there and all of a sudden I pop up and the girl's hanging from the fence. You know, it had spikes on top. She caught her pants and was hanging upside down, like her thongs hanging out, you know, pulled her pants up and a cop's like, "Hey, what you doing?" And she's like, "Ah, my friends are in the pool."

• 41:17Speaker 00

  You're like, "Oh."

• 41:18Speaker 02

  Yeah, yeah. Dude, that's so many good stories up there, but yeah, it's funny to go. So he puts this up for collateral. Again, this was a huge one where my grandpa was like, "Do not do it. Red flag. He must, you know, like, this is, this feels fishy."

• 41:32Speaker 00

  What did you put up as collateral, did you say?

• 41:33Speaker 02

  He put up, he put the condo up as collateral and I gave him 35 cash.

• 41:37Speaker 00

  Oh, got it, okay.

• 41:38Speaker 02

  And the condo was worth the lot.

• 41:39Speaker 00

  For his loan, for the restaurant?

• 41:41Speaker 02

  Yeah.

• 41:41Speaker 00

  Okay.

• 41:42Speaker 02

  And his condo was worth probably 90 at the time.

• 41:44Speaker 00

  Okay.

• 41:45Speaker 02

  And I, but the thing is, is my grandpa was like, "Don't do it. Don't do it." I had like four days to do the deal. And I'm like, and my grandpa's like, "That's weird. That's, something's wrong." And I'm like, "He said he found a space and he wants to jump on it." And so I got a lawyer. I called a lawyer. I'm like, "Can you check and see if there's any liens?" I got a equity title in St. George to facilitate the payment. So I got a, and I told him, I says, "Hey, this is $2,500 for the lawyer, lawyer and the setup of this. It's coming out of your 35 grand. So I'll give you 32.5. You're paying for this. I'm first lien holder on your property."

• 42:22Speaker 00

  Yeah.

• 42:22Speaker 02

  Done. And then a month later, he called up and says, "Hey, if you'll give me another 30, you can have the condo."

• 42:28Speaker 00

  Really?

• 42:29Speaker 02

  And so I had 50. I needed 65. Just, my grandpa ended up loaning me 5 grand. Um, I paid him 6 grand a year later. So he gave me a $5,000 loan for a $6,000.

• 42:39Speaker 00

  And you give a 20% return over 12 months.

• 42:42Speaker 02

  He was gonna do it for free and I didn't want family to be like, "Oh, grandpa, you know, helped you", which he did, but I wanted it to be business. And so I got my first condo and it happened to be an Airbnb and I didn't even know what that was. That's again, you know, 12 years ago.

• 42:56Speaker 00

  Yeah.

• 42:57Speaker 02

  And so, um, that just started it, right? So I got that one. Um, I owned it free and clear. And then, uh, we had a tenant below us that was smoking. It was a non-smoking property. Our property's an Airbnb and they were complaining.

• 43:12Speaker 00

  Your tenants?

• 43:13Speaker 02

  So I called that landlord. I says, "Hey, can somebody find out who owns this property?" It was an old lady living in it.

• 43:18Speaker 00

  Below you.

• 43:19Speaker 02

  Yeah. And do you know Joe Schumacher?

• 43:20Speaker 00

  I do know Joe, yeah.

• 43:21Speaker 02

  So I, he had been my landlord for my business for a decade.

• 43:25Speaker 00

  Yeah.

• 43:26Speaker 02

  So I'm like, "Hey, can somebody find out who owns this?" Cause the lady doesn't, that's smoking. And they're like, "Joe Schumacher." And I'm like, "Dude, I know Joe." So I called Joe and I'm like, "Hey, man, can I buy this from you? I don't have any cash. I don't have, you know, 100 grand at the time, but would you own or finance it?" And he's like, "Dude, for sure." He's like, "I've been wanting to kick her out. She's miserable and she breaks all my rules, but I, I can't. But if you change ownership, you can. And so let's do it." So I gave him 20 grand down, 20% down, and he owner financed it. And then once that happened, I was like, "Oh, light bulb. People will do this." I didn't even know it was a concept.

• 43:59Speaker 00

  Right.

• 44:00Speaker 02

  15 years ago. Now it's everywhere. Other people's money, OPM.

• 44:02Speaker 00

  Yep.

• 44:03Speaker 02

  But I didn't know at the time. I just stumbled into it. And so then I started sending letters to every person in Las Palmas that had a one bedroom. And I says, "Hey, listen, my name's Rick. I messed up. I lost everything. This is my story. I've got a, you know, newborn kid. He's a year old." And I have a reference. So I'm like, "Joe, will you write me a letter? Let me pay you payments for like three or four months and then if I'm not late, if I'm good."

• 44:29Speaker 00

  Yeah, write a letter, recommendation or whatever.

• 44:30Speaker 02

  So he wrote a letter and I says, "Here's my letter about how I'm trying to change my life. If you'd be a part of my story and help me out, I would be eternally grateful." This is in the recession, still building out of the recession.

• 44:40Speaker 00

  Right.

• 44:40Speaker 02

  But people couldn't sell stuff.

• 44:42Speaker 00

  Yeah, people are struggling too, but they can't sell.

• 44:44Speaker 02

  Yeah, it was coming out of it, but it was still not great. And so I says, "If you'll give me an opportunity, I'll give you 20% down. If I default, keep my 20 grand, I'm gonna remodel it." I gave Gina 5 grand to remodel, which is nothing, but that's what Uncle Grant said. "Don't go put 100 grand into it. Make it livable, because these people are just gonna tear it apart."

• 45:03Speaker 00

  Yeah.

• 45:03Speaker 02

  Paint the walls, put in some new carpet, call it good. And I started that. And over the course of, I bought, it was funny, cause I tell people, the first one took me four years. I bought like three more over the next three years and the last two years I bought four more. And the last two, I wrote a check.

• 45:20Speaker 00

  Just free and clear.

• 45:21Speaker 02

  125 grand. They weren't crazy expensive. They're 300 grand now.

• 45:24Speaker 00

  Right.

• 45:26Speaker 02

  But I wrote a check. And, and so at the end of, so it's six years in, right? I was right at six years, New Year's Eve, 2015. I went to Gina and I'm like, "Hey, we have eight condos. They're paid off. They're making, they were netting me $1,200. Uh, if I hired a property manager, I had to run that math. And I'm like, "That's 9,600 bucks." We're close. We're 400 bucks away. And I went to my dad at the time, he was my partner, and I said, "Hey, in my other, you know, half a dozen companies," and I says, "I'm gonna leave and go travel the world." And he's like, "Okay, when you coming back?" And I says, "Never." I don't know. And he's like, "No, that's not what I signed up for." And I says, "Listen, the people that I put in place, I'd been working on eliminating my role

• 46:10Speaker 02

  over the course of the last five years." I had to speed it up because I wasn't thinking it was gonna happen that fast. The last year I got real aggressive. But I told my dad, I says, "I think this is okay. I think it'll be fine. He may not, Spencer, may not kill it, but he's not gonna mess it up. We're gonna get a return." And he says, "No." And I says, "Okay, what do you want?" And he says, "Give me a condo and I'll walk away." And I says, "You're making a mistake. This is gonna be bigger than a condo, but if you want that, I'll do it." So I gave him a condo. So now I went from 9,600 down to 8,400.

• 46:38Speaker 00

  8,400, but you still have the business, more ownership in the business.

• 46:42Speaker 02

  More ownership in the business. So then I went to Spencer and I says, "Hey, listen, I'm gonna leave. I think we can do it on 8,600. I think we're close." And he was like, "Can I buy ownership?" And I was like, "Cool." I didn't even think about it.

• 46:54Speaker 00

  Right.

• 46:54Speaker 02

  You know, I'm like, "You want ownership?" And he's like, "Yeah, I've been here four or five years. I see the opportunity." And I says, "Cool. I need 1,400 bucks to really close that gap." I says, "I'll sell it to you. Give me a down payment, small amount. I didn't charge him any interest because I wanted him to, um, won't be able to do it."

• 47:10Speaker 00

  Right, yeah.

• 47:11Speaker 02

  And his payment was, I think, a thousand bucks. And so now I'm back at 9,400. I'm like, "That's close enough. Let's go." And so in March of 2017, we left. And, uh, over that time, my partners have ADEXed my net worth. Again, through their efforts and then me taking that money that I've made from my Airbnbs and, and the company to get dividends and putting it into other businesses, other real estate, you know, elevation 40 that I bought. So, yeah, man.

• 47:40Speaker 00

  It's pretty wild. It's pretty wild to think, because I think what a lot of people do is they'll, they'll look at, they'll look at your story, but they'll only look at the results and they won't look at what happened in 2008, 2009, almost, almost 20 years ago. And they'll be like, "Well, I want that." And it's, it's like, like I've even, I have a couple of investments, six-figure investments in some businesses. And I was looking at some of the documentation yesterday and it's like, you know, it's frustrating when things aren't paying out the way that you want, but one of the businesses sent some sort of letter. I'm not great at this stuff, but they sent me a letter and they said, "Here's, here's what we made last year. Here's what we made this year. They've already doubled revenue in the first six months of business. And then next year, they're on track to four times revenue." And I'm like, "Well, I won't get a dime of this for four years."

• 48:26Speaker 00

  And I'm sitting here like frustrated because I'm like, "I don't have my money." But I'm like, "Actually, I do."

• 48:31Speaker 02

  The wave's coming, right?

• 48:31Speaker 00

  Somebody else, yeah. Somebody else is working for me right now.

• 48:36Speaker 02

  It'll come.

• 48:37Speaker 00

  And I don't have to do anything.

• 48:38Speaker 02

  Right. The wave's coming. The wave's coming and it may take two years, five years, 10 years, but that wave, hopefully, the wave's getting bigger with every year. And when it comes in, you're gonna be like, "Dude, game over."

• 48:48Speaker 00

  Yeah. I, I mean, I hope. That's the goal.

• 48:50Speaker 02

  You hope.

• 48:50Speaker 00

  But I think people aren't willing to take that risk. They just wanna do like, like your, uh, your grandpa was saying is just be, be safe, play the easy route, get the gold Rolex when you retire. And again, I don't, I don't know that there's anything wrong with that. I mean, I have, I have friends who are schoolteachers and police officers, um, other, uh, executives in the corporate environment who have wonderful lives. But it's just not for everybody.

• 49:18Speaker 02

  Well, and I would push back on that. And I would say it should be for everyone. Even though I have it to my mom was a school teacher and in the school for forty years. And she enjoyed it. She loved it. But there's a difference between having to go work and wanting to go work. And so that's the difference. I would say that's where I would push back is yeah, if you're a police officer and you love it, good for you. But live below your means. You can cut some shit.

• 49:44Speaker 00

  Something over here.

• 49:45Speaker 02

  And go invest in a rental property, go invest in a side business, go start a side business and get some passive income. And close that gap, you know, if you want to be a police officer at sixty, because you love it, good for you. But there's a difference between like right now, I'm back, right? I've been back, I've traveled for nine years.

• 50:05Speaker 00

  Yeah.

• 50:05Speaker 02

  Um, I got back in February and I bought sixty more acres. I'm adding three more Airbnbs to my portfolio. I told you I bought and have started six new businesses in the last six months. And now I'm a partner in real business owners.

• 50:20Speaker 00

  Right.

• 50:20Speaker 02

  Right? Um, I don't have to work. I don't have to do any of that. I literally told Gina last, uh, it was funny. This is what I was gonna say a minute ago was when we were in Porto, Portugal. A year and a half ago, I was out to dinner with her and I'm going through my finances and I'm like, holy cow. I have zero debt, zero debt to my name. Um, and I was like, we won the game. I, that's the moment, literally took eight years. But I was, I looked at Gina and I says, hey, babe, I, I think we've won the game. Like, we don't have to really stress unless we're idiots. But I'm like, you can get a glass of wine now at dinner. The kids can get a soda with dinner.

• 51:02Speaker 02

  And she's like, really? Sweet.

• 51:04Speaker 00

  She's like loving life.

• 51:05Speaker 02

  But, um, but there was that realization where we had made it, right? We'd quote, I couldn't spend, I wouldn't spend, I could, but I wouldn't spend what we were making without just being a total idiot. I mean, my, my bills and my expenses were like, you know, ten X apart. And so, but that's what I would tell people is what was really weird about traveling for the last nine years is when you're out there on the road all the time and you're on these cruises and you're on these, you know, a road trip in Australia for a year. We road tripped Europe for two years, blah, blah, blah, eighty-eight countries, right? Eighty-eight countries, all fifty states.

• 51:42Speaker 02

  We went hard, but between August and May, it is, it is eye opening how few young people you see.

• 51:52Speaker 00

  Yeah.

• 51:53Speaker 02

  Everybody's seventy, sixty-five, seventy, eighty. And, you know, they're out on the Great Barrier Reef and me and the kids are jumping in and we're swimming with sea turtles and we're diving down. And you have these old people that are in walkers and, you know, little flotation, they're doing it, bless their heart, like.

• 52:10Speaker 00

  But they're not living the way they could have twenty, thirty years earlier.

• 52:13Speaker 02

  It's different to travel at seventy-five than at thirty-five.

• 52:16Speaker 00

  Right.

• 52:16Speaker 02

  And so that's where I would tell people is, don't fill yourself with this narrative of, I'm a, I'm a police officer and I enjoy it. And there's nothing wrong with that. There isn't. But they're also, I'm telling you, freedom and time with your family, when you choose, you can always be, you can still be a police officer and rich. But to have that freedom, I cannot express enough how, uh, how it feels.

• 52:44Speaker 00

  Yeah.

• 52:44Speaker 02

  I cannot express it. To go from working thousands of days in a row, missing all those, all those years of my wife and my kids and birthdays and Christmases. To go from not missing a second for nine years. I am the perfect person to ask, what is the difference? And it is, it is one million percent worth it. It is worth not buying that new shirt, but that's where you gotta get that goal. You gotta sit down with your spouse and your goals are gonna look different. If it's like, hey, you know, I don't want to travel. I hate sleeping in other people's beds. I like going to the gym in my town.

• 53:19Speaker 00

  Then that's cool.

• 53:19Speaker 02

  That's cool. But it's like, okay, so, but have the freedom to be like, I want to be a police officer six hours a day, not twelve. I don't want to work the graveyard. I want to work in the day.

• 53:28Speaker 00

  Right.

• 53:29Speaker 02

  I want to be able to take the time off to go to my kid's football game. What is that number? And it's like, man, three grand a month passive income would make it to where that's possible. Then go hustle and do that. But, but most people I think just don't have a goal. And this was me, I'm speaking as my, as for myself. If, you know, fell the plan, plan to fail, right? Like before, we were just spending money because we just, it was coming in and we're like, let's let it go out. But once we had that ten thousand dollar a month passive income goal, it was amazing. And it's, and the conversations before that were Gina, why are you getting your hair done? It's two hundred and fifty bucks. You're bad with money. You're bad with money. F you, Rick. You know, I take care of the, you know, I'm gonna have kids. But I take care of the home, whatever.

• 54:13Speaker 02

  And after that, when I'd lost my ego and I'd been humbled by losing everything, I grabbed her hand and I said, what do we want? What do we want? And she's like, I'm like, how about freedom and to travel the world? And she's like, I'm in, let's go. And I said, Kay, now listen, the faster we do this, the harder we go.

• 54:35Speaker 02

  You know, like if you want to lose twenty pounds, you can lose twenty pounds in ten years, or you can lose twenty pounds in thirty days.

• 54:39Speaker 00

  Right.

• 54:40Speaker 02

  Which is.

• 54:40Speaker 00

  Depending on how hard you want to go.

• 54:41Speaker 02

  Which, how hard is it we want to go? And so I said, listen, how hard do we want to go? And she's like, let's go hard.

• 54:46Speaker 00

  Yeah.

• 54:47Speaker 02

  And I'm like, really? And she says, yeah. And so I remember a few years into it, we had twenty grand in the bank. And she, we'd walk along, she's like, oh my gosh, look at that shirt. And I says, get it, get it. And she says, no, that's two hours of your time away from our goal. And I'm like, whoa, you know, I get cold chills. It's like, whoa, we're on the right path.

• 55:06Speaker 00

  She's in it. Yeah.

• 55:06Speaker 02

  But you, but what was cool was it started getting addictive, to be honest. Like I started getting all this money, all this, uh.

• 55:13Speaker 00

  Yeah.

• 55:13Speaker 02

  I was so into saving and I actually had a conversation with my grandpa because my grandpa says, he, he, he had millions of dollars in the bank and he wanted a, a four door Jeep. It was like, I found him, he used one, it was like twenty grand and he wouldn't buy it. He bought a two door Jeep for like eight. And I says, why'd you get that? And he's like, I just, but he had that lack mindset.

• 55:32Speaker 00

  Right.

• 55:32Speaker 02

  And, and saving mindset. And that was the moment where I was like, okay, I gotta be careful. Because what's gonna happen is I'm gonna taste my chet tell, when's enough enough? I had said it at ten and when I hit ten, I was like, I'm literally remember being like, oh, we had fifteen, we could stay at the Marriott.

• 55:50Speaker 00

  Yeah.

• 55:50Speaker 02

  We could fly first class. And I'm like, no, I would rather be with my kids in a shitty hotel than lose five more years of my life. To try to stay in the Marriott. My kids do not give a shit about first class.

• 56:02Speaker 00

  What are they gonna compare it to?

• 56:04Speaker 02

  They have, exactly.

• 56:05Speaker 00

  Well, I think the part, I think part of the problem too, is that we live in this world of consumerism where it's like, you know, I've, I've got, you know, much, I've got a couple of trucks out there. One's a ninety-nine Toyota Tacoma I bought in two thousand.

• 56:15Speaker 02

  Yep.

• 56:16Speaker 00

  So I've had it for a quarter of a century and it runs like a champ.

• 56:19Speaker 02

  I love it.

• 56:19Speaker 00

  I've got my, uh, three quarter ton GMC, uh, it's a two thousand fifteen, it's got two hundred and eighty thousand miles on it. And I'll drive down the road and I'm like, oh, there's the new GMC. And it's lifted and it's black and it's awesome. And I'm like.

• 56:35Speaker 02

  So why don't you, why don't you get it? Why don't you get it? Cause I know your financial situation.

• 56:40Speaker 00

  Yeah.

• 56:40Speaker 02

  What, what do you?

• 56:41Speaker 00

  I don't want to spend ninety grand on a car that I have, but I also have a goal. My goal is to buy a ranch in Montana.

• 56:47Speaker 02

  I love, that's, so that's, that's, so that's what I was gonna say is, you probably have something bigger.

• 56:52Speaker 00

  Totally.

• 56:53Speaker 02

  Than that.

• 56:54Speaker 00

  Yeah, because if I go spend, let's say ninety grand, and I can go spend ninety grand, but let's say I go spend ninety grand on this truck. And, you know, you, you can do the, the rule of seventy-two, right? And so let's just say hypothetically, if you're getting a decent rate of return, it doubles over ten years, let's say. You know, there's a hundred and eighty grand towards a ranch in Montana.

• 57:19Speaker 02

  Which is probably, you know, a couple of years of effort and time.

• 57:22Speaker 00

  Totally.

• 57:23Speaker 02

  That you're gonna lose.

• 57:24Speaker 00

  Yeah.

• 57:24Speaker 02

  And that's, and that's, and so that's where I think you have that big ten year goal, five year goal, whatever it is now, you know, but you had that big ten year goal at some point. And when you start realizing that every decision takes you closer or further and you're united in your home, that's a big one. If your wife's out spending or you're out spending, that's not fair.

• 57:44Speaker 00

  I mean, fortunately and unfortunately, I don't have to worry about that side of things.

• 57:48Speaker 02

  Right, for sure. Yeah.

• 57:49Speaker 00

  And unfortunately, I want to make sure I say that too, because there's downsides too.

• 57:52Speaker 02

  Oh, a hundred percent. Yeah. Um, but when you do get united, whether you're, uh, you know, whatever your situation is. And you start going, what's, what, what started to get cool was in the beginning, it was embarrassing. Like I used to tell people, I sold my, a house. I sold my car.

• 58:08Speaker 00

  Cause you didn't want to tell them.

• 58:09Speaker 02

  I was embarrassed. I'm twenty, I'm thirty years old and I failed. And I told my friends and family, I go, I sold it. It did get sold. It was short sold, you know? My truck did get sold for seventeen, yeah, a hundred percent. It was, I was just me trying to, but, but after four or five years, I still had nothing. I still was broke, or not broke, but I was growing out of it, but I wasn't in a good, great situation. And people had no idea, like when Brian grabbed my receipt, right? He still thought I was broke. I was in a pretty good situation. But what became my mantra after that, and it was more inside my home, because you pulled to a stoplight in a thousand dollar truck was, which is what I drove. And I had fifty grand in the bank. Everybody looking at me is like, dude, who's this broke piece of shit, you know?

• 58:50Speaker 02

  Like he's made bad life choices. And it's like, I don't care what any of you think. I don't, you know, that intersection, that intersection, all, everybody looking and they're all looking across at the big jacked up truck that's a thousand dollar payment. And they're nine out of 10 times, nine out of 10 times. It's like, oh, look at that guy. He's successful. And it's like, go dive into his world. I will put, right now, I will put my bank account against nine out of 10 people cash in my bank account. And you've seen where I live.

• 59:19Speaker 00

  Yeah.

• 59:20Speaker 02

  Right?

• 59:20Speaker 00

  Yeah.

• 59:21Speaker 02

  I live in a

• 59:21Speaker 00

  I even questioned it.

• 59:23Speaker 02

  Yeah, and I'll pull it up right now. It's, I live in a 1,200 square foot house because my parents, wife's parents own it. And it's basically been a storage unit for nine years. Now we're gonna move because, you know, we're, we're a family of six. It's a three bedroom.

• 59:37Speaker 00

  Yeah, you've got a

• 59:38Speaker 02

  I can afford it. Like, there's a point in time where you're, you, you can't be, you know, that way. But for the last nine years, it's been a 1,200 square foot house. We sleep in it 80, 20, 20% of the, of the year. My cars, you've seen my cars. I just bought a Gladiator a couple of years ago, but I'm very frugal. I still am very frugal because I'm gonna go build a $10 million Airbnb compound, which you know about. You've been there and that's what it's gonna be. And it's going to be generational wealth. And it's gonna take me a year and a half. If it was gonna take me 20 years, I wouldn't do it. And that's where me and Gina had that conversation, like, can we live this way a little bit longer? And, and really change our kids' lives?

• 1:00:16Speaker 00

  Yeah.

• 1:00:17Speaker 02

  And she said, yeah, let's go. And, but I, I, I guarantee you in a couple, I like, I like nice things. Oh, I've always wanted a Lamborghini. I test drove one in February. And I'm like, no, I just, I just wanted to fill it, drive it, see if I fit in it.

• 1:00:31Speaker 00

  Which probably not.

• 1:00:32Speaker 02

  Yeah, it's tight.

• 1:00:33Speaker 00

  I'm like, they don't even have backseats, but I'm like, how do you get this

• 1:00:35Speaker 02

  Yeah, it was tight. I managed it. Wouldn't be fun for a long drive, but, but I'll buy a Lamborghini.

• 1:00:41Speaker 00

  At some point.

• 1:00:42Speaker 02

  Yeah, but it'll be cash. It'll be three or four years old. And, you know, from some guy that had it in his garage. And I told Gina, the day that I buy a Lamborghini, I'm gonna pull up to the gas station. I'm gonna pay cash for it. I'm gonna pull up to the gas station. I'm gonna put regular unleaded in that sucker. I'm gonna go inside, get a Slurpee and a, and a bag of, you know, popcorn, Doritos. I'm gonna come out, I'm gonna hood slide that bitch. And I'm gonna jump in and it's gonna be a Tuesday, you know, because I can afford it. And it's not coming out on the weekends. I'm not gonna wash it. Like, I'm gonna put 100,000 miles on that thing.

• 1:01:16Speaker 00

  You're probably gonna end up buying it from some kid who

• 1:01:19Speaker 02

  Me?

• 1:01:20Speaker 00

  Right.

• 1:01:20Speaker 02

  Somebody, I think about that all the time. Somebody's got my $40,000 job Dodge that they bought for 17. That's the key. That's the thing. And that's what gets cool is when you have cash, you can take, take so much. There's so much advantage.

• 1:01:35Speaker 00

  Yeah.

• 1:01:35Speaker 02

  Right? The guy with the gold makes the rule.

• 1:01:37Speaker 00

  I think, but, well, I also think people have this negative connotation of money because it's been ingrained into us. Like, your grandpa had a little bit of it, right? It's like this scarcity mindset. You know, and people, people even more so because we see this growing wave of, of socialism and communism is like, anybody with money must have screwed somebody over. As opposed to anybody with money, not anybody, but those with money typically it's because they've added immense amount of value into other people's lives. And I, I wish more people understood that. There is, but

• 1:02:11Speaker 02

  But yeah, I think you're right. It's either one, usually one or the other.

• 1:02:14Speaker 00

  I think the majority of them added value.

• 1:02:15Speaker 02

  Me too.

• 1:02:16Speaker 00

  Now, you might say, well, I don't like the way they're doing it. Well, you don't get to decide for other people.

• 1:02:20Speaker 02

  Right.

• 1:02:20Speaker 00

  Like, you don't get to decide how I spend my money.

• 1:02:22Speaker 02

  No.

• 1:02:23Speaker 00

  And I don't get to decide how you spend your money.

• 1:02:24Speaker 02

  No, if you ask and I mentor you, that's a different thing, but I still can't decide.

• 1:02:28Speaker 00

  Right.

• 1:02:28Speaker 02

  You still get to make your decision.

• 1:02:29Speaker 00

  Yeah.

• 1:02:30Speaker 02

  And that's, I just did a podcast for Again, Real Business Owners with Woody, Spin and Nick, which you know.

• 1:02:35Speaker 00

  Yeah.

• 1:02:35Speaker 02

  They've been my partners for 12, 10 and, or 14, 12 and eight years. And I wanted them on the podcast because a lot of people, I think, you know, a lot of coaches and stuff are kind of facades. You know, they, they buy their Lambo with your coaching money, you know, and things like that, and haven't really lived the life. And so I had them on there and I wanted people to understand, these are real people. And like I said, they ADEXed my net worth. Because I, they, we, ADEXed theirs.

• 1:03:05Speaker 00

  Right. You did it together.

• 1:03:06Speaker 02

  I sold them ownership, all three of them.

• 1:03:08Speaker 00

  Right.

• 1:03:09Speaker 02

  They took the ball at this yard line and they ran it to this yard line because now they're carrying their part of their ball. So they put more energy and effort into it. And the tide lifted all boats.

• 1:03:19Speaker 00

  Yeah.

• 1:03:19Speaker 02

  And it's a beautiful thing to sit around a table with these three men and they're like, thank you, Rick. Thank you. This is awesome. I wouldn't be where I'm at, you know? And it's like, thank you. I look right back at him and I'm like, thank you for letting me and my family travel for nine years while you took care of my baby? Which it was my baby, is my baby. I'm still a part owner of it. Thank you. And it's a mutual, mutually, you know, respected

• 1:03:43Speaker 00

  Yeah.

• 1:03:44Speaker 02

  Agreement.

• 1:03:44Speaker 00

  Just, yeah, reciprocal.

• 1:03:45Speaker 02

  Yeah, reciprocal.

• 1:03:47Speaker 00

  Dude, I really appreciate all of, I mean, I appreciate our friendship, but also just what I've learned from you. Because we have some different personalities in the way we run things and, you know, but I love it because it gives me a new perspective. So let the guys know where to connect with you, where to learn more about what you're up to. And then also I'll tell the guys, we've got our Men's Forge coming up. April, shoot, 12 through the 15th?

• 1:04:09Speaker 02

  10 months, nine months. Yeah. Uh, no, like 20.

• 1:04:13Speaker 00

  I can't remember.

• 1:04:14Speaker 02

  I don't know either.

• 1:04:14Speaker 00

  23rd, 22nd, somewhere in there.

• 1:04:16Speaker 02

  End of April.

• 1:04:17Speaker 00

  Yeah, end of April, the Men's Forge. Rick, you're gonna be out there speaking, presenting, breaking bread with the guys. That's one thing that we do differently with our events is like, you're not gonna come in and just speak for an hour and then bail on your, where, where you're going next. You're there, you're doing the activities, you're doing the events, you're at lunch, at dinners, talking with the guys, sharing wisdom with them. So check that out. The Men's Forge, you're gonna be there speaking, which I'm really excited about.

• 1:04:41Speaker 02

  I'm nervous, man. I'm nervous.

• 1:04:42Speaker 00

  You are? Why? You're gonna do awesome.

• 1:04:43Speaker 02

  Dude, I, I've just

• 1:04:44Speaker 00

  Just tell your story.

• 1:04:45Speaker 02

  I will. And, and again, I wanna, I wanna say two things. I wanna say thank you. Because I wouldn't, I don't, I was thinking about this on the drive over here. I don't, I wouldn't be, uh, you've mentored me, not even knowing it, but with Order of Man, you know, seeing the lives that you've changed and seeing the community you have and what you've built. What really changed my life is when you invited me out to Hawaii six years ago, right at the last minute. You know, a week before, I was already heading to Alaska, rearranged my schedule because I knew you were hanging out with powerful men. And it changed my life. And I talk about that everywhere I go. Ryan Mickler invited me on this trip and I was around Brandon Lilly and Sean Villalobos and Scott Davis.

• 1:05:29Speaker 02

  And it was a small group then. But that really set me on this path of find your people, find good people, find, you know, uh, men was, for me, that was the difference was men who hunt. Um, that was the activity that brought us together. I can golf, I can do all the other things, but just good fathers, good husbands. And I wanna thank you for making that call. I know it was just filling a spot, but, um, the life you've led, I know it hasn't been perfect. And I know you've, uh, you know, talked about that and shared that, but now being a part of Real Business Owners and you're opening yourself up and you go on podcasts, this is new to me to be a coach and a mentor. I don't even like the word coach, but try to influence people and just to really, I'm really here to change lives. I'm not trying to make money. I'm not trying to, it's not a business.

• 1:06:12Speaker 02

  And I know you're the same way, you know, it's like you're trying to change your life, which it does.

• 1:06:17Speaker 00

  Yeah.

• 1:06:18Speaker 02

  And then, and then help others along the way. And so I just wanna say thank you for starting Order of Man, inviting me on all these trips, you know, Minnesota, Hawaii, we went to Alaska last year together.

• 1:06:28Speaker 00

  Costa Rica, I mean, we've been all over

• 1:06:30Speaker 02

  Costa Rica, yeah. And so I want people, yeah, Africa.

• 1:06:32Speaker 00

  We've been all over the world together, man.

• 1:06:34Speaker 02

  Yeah. And so I want people out there listening that are like, oh, the Forge, you know, that sounds fun. It's, you know, 1,000, 2,000 bucks depending on the package you buy. But man, the couple, I, it cost me six grand, I remember, to read, to change my flights and, and my family trip to Alaska. I lost all that money basically. And then I, I bought a couple of thousand dollar package to come to Hawaii. And if you came to me right now and said, hey, we'll give you 100 grand. And you could, you know, have 100 grand and you could just, that all would go away, that whole trip and all the connections and memories and all the little veins that that's led into my life, you couldn't touch that with a checkbook. And so people that are listening, where the rubber meets the road for me is live events.

• 1:07:16Speaker 02

  Like, you can listen to this podcast, good for you, you're doing something, but take action. That's where people fail, like, right? Like, what does my thing say? Refuse to settle.

• 1:07:25Speaker 00

  Oh, yeah.

• 1:07:26Speaker 02

  Right? Take action. Go buy your ticket. Go, come, get on a plane, fly there. It will change your life. If you go with the right mentality, if you go like, oh, I'm gonna, I'm, like, I'm going and I'm scared. And it's gonna be scary to get up on stage, but I promise you I'll be on stage. Whether I have a heart attack on stage or not, we're doing this.

• 1:07:44Speaker 00

  Which would kind of make it, and

• 1:07:46Speaker 02

  It would be cool.

• 1:07:46Speaker 00

  Can you fake it?

• 1:07:47Speaker 02

  It might happen naturally. I got a heart condition. You know, as long as I got my milk, I should be all right, but

• 1:07:52Speaker 00

  It's funny, I actually was, I was getting after my guys in the Iron Council. No, um.

• 1:07:57Speaker 02

  Not really? Sorry, I don't want to

• 1:07:59Speaker 00

  No, I don't, I don't think I get too nervous anymore, just because I know, I mean, I've done it enough.

• 1:08:05Speaker 02

  I have a little bit of imposter syndrome, you know, which I know

• 1:08:08Speaker 00

  But if you just share your story, you're not being an imposter.

• 1:08:10Speaker 02

  Exactly. I'm just telling my story.

• 1:08:12Speaker 00

  But I told these guys, like, we put together a hunt in Martha's Vineyard for guys in the Iron Council and it's exclusive to those guys. And I put it out there and like two people were like, yeah, maybe I'll go. And I'm like, look, guys. I did a video last week and I'm like, look, this is a free hunt. Okay, you're gonna go spend time with nine other guys in the Iron Council. And I told him the story of when Colin Cotrell, who you know, called me up and he's like, hey, Ryan, like, he was just a, a fan, a listener of the podcast at the time. And he's like, hey, man, like, would you be interested in hunting? And I'm like, I mean, yeah, it sounds cool, but

• 1:08:47Speaker 02

  That's where, that's where Wayne gets pissed.

• 1:08:48Speaker 00

  Yeah, yeah. He was second. If he's listening, he was second.

• 1:08:52Speaker 02

  You dated it.

• 1:08:53Speaker 00

  It's true. You saw the receipts.

• 1:08:55Speaker 02

  I saw the receipts.

• 1:08:56Speaker 00

  And so, um, yeah, he calls me up.

• 1:08:58Speaker 02

  Changed your life.

• 1:08:59Speaker 00

  And I was like, dude, I don't, I'm, I would like to, but I've never been hunting. He's like, well, I know. That's why I'm inviting you. And I'm like, yeah, but I don't have a gun or a bow. He's like, yeah, go buy one. Like, they're available. I'm like, yeah, well, shit. Uh, okay.

• 1:09:15Speaker 02

  Yeah.

• 1:09:16Speaker 00

  And I did. And I went out the first day, shot a, shot a nice series upstairs. Um, with my rifle and then two or three days later shot one with my bow.

• 1:09:24Speaker 02

  Oh, I didn't know that.

• 1:09:25Speaker 00

  And it changed my life.

• 1:09:27Speaker 02

  It's changed the course of your life.

• 1:09:28Speaker 00

  And it cost me a thousand bucks, maybe for a ticket and some food and a license.

• 1:09:34Speaker 02

  Yeah.

• 1:09:34Speaker 00

  In Texas, Abilene, Texas, like this little hole in the wall place in Texas. And I told the guys that story. I'm like, look, like, I know some of you don't know how to hunt. That's the point of doing new things. And so we've got actually three guys who have never bow hunted before.

• 1:09:51Speaker 02

  I love it.

• 1:09:52Speaker 00

  Coming out. One of them just bought a bow yesterday. Another one's got a friend who's going to lend him a bow. I'm like, this is what it takes to be successful is for you to say yes.

• 1:10:01Speaker 02

  Find a mentor.

• 1:10:01Speaker 00

  Every part of you is saying, I don't know, or no.

• 1:10:04Speaker 02

  Yeah.

• 1:10:04Speaker 00

  Is you say yes.

• 1:10:05Speaker 02

  And that's it. That's the, that's the, um, you know, people that are listening and it's like, I, cause what did I tell you when you told me that? I'm like, do you have a spot open?

• 1:10:12Speaker 00

  Yeah. Yeah, exactly.

• 1:10:13Speaker 02

  And you're like, no. And I'm like, well, if you do, I'll pay you. And you're like, it's free. And I'm like, I'll buy your flight. I don't care. Like I, because I know what the value of that will be.

• 1:10:20Speaker 00

  Mm hmm.

• 1:10:21Speaker 02

  Like take the hunting out of it.

• 1:10:22Speaker 00

  Yeah.

• 1:10:23Speaker 02

  Go hang out with 10 cool dudes for a weekend on Martha's Vineyard. You know, Martha Stewart's Island, right?

• 1:10:27Speaker 00

  Yeah, exactly. Yeah. And it.

• 1:10:29Speaker 02

  I thought so. Um, but it's like, but that's where I want people listening to realize that the reason me and you are in the position we're in is because we say yes.

• 1:10:39Speaker 00

  Mm hmm.

• 1:10:39Speaker 02

  We do it. We, I, I was telling people this other day, cause with RBO, right? It's a membership, right? Like Order Man. And I says, imagine that you are paying, paying an employee to help to change your, to change your life and your business for, uh, each month. And I'm like, imagine that you're paying this membership and it changes your life in, in life and business. Cause we do, we do it all. I'm like, what is that worth? Like you, to put a financial or a monetary, you know, number on that. I think that when you think of an employee, it's like, I'm paying them to go install cabinets. But to pay Order Man to influence your health and your mind and your marriage and your body.

• 1:11:21Speaker 02

  Like we just, people don't think, they don't see the return necessarily. And it's like, I'm telling you right now, you will get a return if you go in with the right attitude. Those guys that come out, you cannot, that cannot be a failure, even if they don't kill a deer. Who cares?

• 1:11:36Speaker 00

  Not at all.

• 1:11:37Speaker 02

  But, and so that's where, um, yeah, I'm excited. I'm excited for the forge. I'm nervous.

• 1:11:41Speaker 00

  Um, nah, you'll do great. Tell us where to connect with you though.

• 1:11:43Speaker 02

  Okay. So yeah, real business owners is, uh, so at real business owners on Instagram, Facebook, uh, YouTube. Uh, and if you want to look into that, it's for business owners. It's join rbo.com. And then M42 adventures. If you want to go, I know you're coming out, uh, in July, June.

• 1:12:00Speaker 00

  Yeah. June of next year. Well, going to Hawaii and Alaska with you.

• 1:12:04Speaker 02

  Yeah. Yeah. Yeah. We gotta plan that out. So if you want to come, we do, uh, Costa Rica. I'm looking at that, a fishing trip. Africa, you did Africa with us. Uh, we did an Order Man, uh, M42 collaboration. So yeah, if you want to go on an adventure, uh, M42 adventures, uh, dot com or just Rick trimmer official. I changed my Instagram.

• 1:12:23Speaker 00

  You did?

• 1:12:23Speaker 02

  Yeah.

• 1:12:23Speaker 00

  No more one life still live?

• 1:12:25Speaker 02

  No, no, cause people couldn't find you, right? So they, yeah, they told me to change it. They said, you know, one life still live. They don't know. So they Google your name.

• 1:12:33Speaker 00

  Fair enough. Yeah.

• 1:12:34Speaker 02

  That's what I was told.

• 1:12:34Speaker 00

  Whatever.

• 1:12:35Speaker 02

  Yeah. Rick trimmer official.

• 1:12:37Speaker 00

  Also buy, so little hack, and this is for everybody else. Buy your kids, like, secure your kids Instagram handles and Facebook handles.

• 1:12:45Speaker 02

  That's smart.

• 1:12:45Speaker 00

  And buy their domain name.

• 1:12:47Speaker 02

  That's smart.

• 1:12:47Speaker 00

  So I, I own all of my kids' domain names.

• 1:12:50Speaker 02

  That, cause they're saying your name, you know, for a lot of us, uh, for the ones who want to go there, go there. Your name's going to be your brand, your business. It's going to be.

• 1:12:57Speaker 00

  For sure.

• 1:12:58Speaker 02

  Important.

• 1:12:59Speaker 00

  Even if, even if you're not an entrepreneur, if you're a CEO, you might be the CEO of a Fortune 500 company. But those CEOs, they pounce around.

• 1:13:08Speaker 02

  A hundred percent.

• 1:13:09Speaker 00

  Like, they might be there for seven years and then they'll go over to this company for, for three, and then this company for two.

• 1:13:14Speaker 02

  Yeah.

• 1:13:14Speaker 00

  It's not the, it's not the brand. It's your name. It's who you are.

• 1:13:17Speaker 02

  Yeah. A hundred percent.

• 1:13:18Speaker 00

  Well, brother, we'll sync it all up. I appreciate you. Thanks for joining us today and being my second in-person guest.

• 1:13:22Speaker 02

  I love it. I'm gonna have you on, uh, real business owners.

• 1:13:25Speaker 00

  Yeah, let's do it. It's gonna get cooler down here. So we're experimenting.

• 1:13:28Speaker 02

  Dude, it's awesome, man. I like.

• 1:13:29Speaker 00

  It's gonna be fun.

• 1:13:29Speaker 02

  Well, and again, this is a perfect example of people who think, you know, I gotta build it out perfectly.

• 1:13:35Speaker 00

  Yeah.

• 1:13:35Speaker 02

  I gotta, like, that's what a lot of my half a million dollars of debt was, was a big fancy delivery truck, a big $10,000 sign on my business.

• 1:13:43Speaker 00

  Yeah.

• 1:13:44Speaker 02

  Dude, I took that $10,000 sign and it said in my garage for the entire recession.

• 1:13:49Speaker 00

  Right.

• 1:13:50Speaker 02

  So it's like, this is, like, this is a very successful podcast. You've been doing it for 12 years. But I love that this is real. This is, you're starting, you're building it, but you don't say, oh, I can't do a podcast cause it's not ready.

• 1:14:03Speaker 00

  Right.

• 1:14:03Speaker 02

  You adapt.

• 1:14:04Speaker 00

  I mean, I bought that microphone last week.

• 1:14:06Speaker 02

  I love it.

• 1:14:06Speaker 00

  I was like, I got, I'm gonna have to say yes. I got a guest. I gotta buy it. And you know, I spent 500 bucks or whatever it was. And it's like, I didn't want to.

• 1:14:13Speaker 02

  But you're building it as you go still.

• 1:14:15Speaker 00

  Yeah.

• 1:14:15Speaker 02

  And that's where I think people who are like, you know, with my businesses, they always, my mom was like, how do you have 18 businesses? And I'm like, first of all, when I buy or start a business, I put people in place to run it. I delegate. But then it's going to grow. It's going to adapt. It's, I'm, I understand that. It's never finished. Order Man will never be finished.

• 1:14:32Speaker 00

  Yeah.

• 1:14:32Speaker 02

  So.

• 1:14:33Speaker 00

  Sweet brother.

• 1:14:33Speaker 02

  Appreciate you, brother.

• 1:14:34Speaker 00

  All right. We'll sync it all up.

• 1:14:35Speaker 02

  Yep. Thanks.

• 1:14:35Speaker 00

  Thanks.

• 1:14:37Speaker 00

  Gentlemen, there you go. My conversation with my good friend and the one and only Rick Trimmer. I hope you enjoyed it as much as I do. I love having conversations with this guy. We break bread together. We, uh, go on hunts together. We go on trips, family trips together, and I always have a good time. And I always learn a lot too, about myself and business and money and everything else. So I'd highly encourage you to, uh, check out real business owners, which is his, uh, company. Uh, connect with him on Instagram. Connect with me there while you're there as well. And then also consider joining us at the forge event, the end of April. We talked about that in the podcast. If you go to the men's forge.com, that's the men's forge.com.

• 1:15:17Speaker 00

  You can get registered and you can meet Rick out there. You can meet me, Larry Hagner, Dwayne Noel, Connor Beaton, uh, Kip Sorensen and a handful of other guys that we're working on getting out there. So if you go check it out, again, you can do that at the men's forge.com. Also go check out the preview call at order of man.com slash war room. We're going to be doing that August 19th at 8:00 PM and I hope to see you there. It's free and it's live and we're only doing it once. Again, order of man.com slash war room. All right, guys. We've got a very powerful AMA. Had some really good questions this week for our Ask Me Anything.

• 1:15:57Speaker 00

  So make sure you subscribe, leave your rating and review, hit your little notifications on YouTube if you're watching there. And make sure you follow along. We will be back tomorrow. Until then, go out there, take action and become the man you are meant to be.

• 1:16:13Speaker 01

  Thank you for listening to the Order of Man podcast. You ready to take charge of your life and be more of the man you were meant to be? We invite you to join the order at order of man.com.