In this episode of the Millionaire Mindcast, we have an incredible guest, Justin Donald who imparts amazing insights on the importance of building relationships versus any material things, cash flow investing and passive income, few tips on investing places that people should be careful of, type of companies that Justin is investing in, and why investing in yourself is essential!
Justin is an entrepreneur, consultant, and adviser for entrepreneurs, executives, and successful media personalities on lifestyle investing, a member of Tiger 21, a board member of Front Row Foundation International, principal owner at MHP Equity Group, co-founder at IFM Restoration, and founder at Lifestyle Investor, a company that helps clients build a cashflow-driven lifestyle investor portfolio through a customized mentorship and advisory program.
He has negotiated deals with over 100 companies, multiplied his net worth to over eight figures, and maintained a family-centric lifestyle. His ethos is to “create wealth without creating a job.” Entrepreneur Magazine calls him the “Warren Buffett of Lifestyle Investing.” Host of The Lifestyle Investor podcast and author of the best-selling book, “The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom”. All proceeds from the book go to Love Justice International, a nonprofit fighting human trafficking in 17 countries.
It was in his late 20s when he first built his real estate company specializing in mobile home parks. Justin has invested heavily in real estate and owns several profitable real estate-related businesses, has a large portfolio of multifamily rentals, and several other successful operating companies.
Justin feels very blessed with having a fruitful season for the assets that he purchased over the years. Aside from that, he is a relationship guy by default. For him, wealth stands weigh beyond money. He curated an amazing network of friends. He is blessed by his community, friends, and family. Thus, he always wanted to pour back into the people again. Being a student of anything and everything, he constantly finds things to learn, and always wanted to share them to others.
On the other hand, Justin emphasizes that entrepreneurs should not be a slave of the business and should not be working more for your wanted lifestyle. Instead, letting the business work for you and provide it. Also, he believes that you don’t need to have a great net worth to have a really good cash flow. Your lifestyle should not be tied to the cash flow and your net worth because net worth is a deceiving number!
Some Questions I Ask:
In This Episode, You Will Learn:
Connect with Justin Donald on:
The Lifestyle Investor book by Justin Donald
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