September 14, 2025 • 27 mins
Let me know your thoughts on the show and what topic you would like me to discuss next.
In this episode, we challenge the traditional notions of working hard, saving, and retiring at the age of 65. What if there's a way to build wealth now and live a life of purpose? Join our host as he sits down with Bronson Hill, founder of Bronson Equity, to discuss his journey from medical sales to financial freedom through real estate and passive income. Key points covered include the importance of mindset transformation, practical strategies for leveraging inflation and debt, and actionable steps for getting started with passive investing.
Key moments in this episode:
01:58 Guest Introduction: Bronson Hill's Journey
02:53 Breaking Free from the Time-for-Money Trap
04:49 The Power of Passive Income
06:08 Mindset and Purpose: Keys to Financial Freedom
10:05 Practical Steps to Start Investing
23:06 The Importance of Networking and Education
25:20 Conclusion: Taking Action Towards Financial Freedom
How to reach Bronson:
Website: https://bronsonequity.com/
Facebook: https://www.facebook.com/bronson.hill.37/
Instagram: https://bronsonequity.com/home-bronson-equity/
LinkedIn: https://www.linkedin.com/in/bronsonhill/
YouTube: https://www.youtube.com/channel/UCc1KYJL8ZjF3GC3Wh5lYNfg?view_as=subscriber
Thanks for listening to the Revolutionary Man Podcast. For more information about our programs, please use the links below to learn more about us. It could be the step that changes your life.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
Let me ask you, what if everything you've been told
about saving, working hard andretiring at 65 actually was
designed to keep you stuck?
And what would change if yourmoney worked harder than you did
?
Man, I wish I knew that 20years ago.
And if you've ever felt likeyou're on this financial
treadmill and earning more butstill stuck in the time for
money trap, then this episode, Ithink, is going to be very good
(00:27):
for you.
It's going to challengeeverything that you thought that
you knew about money.
I know it's doing that for mealready.
So let's take a moment, justhit like and subscribe for this
episode and share it, becausethere's going to be someone out
there who's going to need tohear a better way to manage
their finances, and so it's thiskind of support that helps us
really grow the podcast and getother people out here listening
(00:48):
to the show, and so they canlead lives of freedom and
purpose.
And so, with that, let's get onwith today's episode.
Speaker 2 (00:59):
The average man today is sleepwalking through life,
many never reaching their truepotential, let alone ever
crossing the finish line toliving a purposeful life.
Yet the hunger still exists,albeit buried amidst his
cluttered mind, misguidedbeliefs and values that no
longer serve him.
It's time to align yourself forgreatness.
(01:20):
It's time to become arevolutionary man.
Stay strong, my brother.
Speaker 1 (01:28):
Welcome back to the show, my friends, and before we
broke here, there was anopportunity for me to ask you a
couple of questions to considerwhether you thought your current
financial strategy is actuallykeeping you stuck.
And so we've been told thishard work and saving money, and
that someday maybe we're goingto retire comfortably.
But what if that's not freedom?
What if there's just anotherway, one that's going to allow
(01:50):
us to build wealth today and now, so we can reclaim our time and
actually design a life ofpurpose and with impact?
And so that's exactly whattoday's guest has done in his
life, and Bronson Hill is thefounder of Bronson Equity and a
general partner.
With over 2,500 multifamilyunits worth more than $250
million.
(02:10):
He's raised over $45 million inreal estate and private equity
deals, and he's the host of theMailbox Money Show.
And he's also the author of thebestselling book Fire Yourself,
place your Working Income withPassive Income in Three Years or
Less.
And so he's also a reallypassionate advocate for
financial freedom, which we'regoing to talk a lot about today.
(02:31):
Mindset transformation we needto figure that out as well and
really ending the modern dayslavery that we've been brought
up to believe.
And so welcome to the showtoday, brunson.
How are things, my friend?
Speaker 3 (02:42):
Hey, Elaine, really happy to be here, man I'm doing
well.
Speaker 1 (02:47):
Happy to the show today, brunson.
How are things, my friend?
Hey, elaine, really happy to behere, man I'm doing well.
Happy to be here, brother,right on Fun to have you on the
show.
It's been a while since we'vetalked about this topic, and so
I'm really excited to get intoit and dive into the meat and
potatoes, so to speak.
But before we get totally inthere, we're going to talk a
little bit about your journey,brunson, and your journey
started really with medicalsales, and what was that moment
that you finally realized thatyou needed to break out of this
time for money model?
Speaker 3 (03:08):
that really set you on the course that you're doing
today, yeah, so yeah, I was awell-paid medical sales
professional making over$200,000 a year, and I had some
sense of financial freedom, butI just didn't have time freedom.
And I think for a lot of peoplethat say they want financial
freedom, they just it actuallyreally means time freedom In the
US I'm sure in Canada as well,for a lot of people that say
they want financial freedom, itactually really means time
freedom In the US, I'm sure inCanada as well.
A lot of us work too much.
(03:28):
We're working too many hours,too many days.
A lot of times we don't.
Even if you get paid a lot ofmoney, a lot of times it's a
time for money trade, so youcan't take the time off.
So I had a couple of physiciansthat I was working with.
They were making $2 million ayear each, which is a lot of
money, but they were working 60to 80 hours a week, every week,
(03:49):
and I just thought this doesn'tfeel like freedom to me, this
doesn't feel like a life that Ireally want to emulate, and I
started learning about realestate.
I had been doing some realestate investing over the years,
but I made a decision, elaine.
I really at one point just saidyou know what, in three years I
want to not be doing thisanymore.
I want to be on my own, I wantto be traveling more, I want to
be writing.
I write music, I write books.
I'm just doing things that aremuch more fulfilling and
meaningful to me.
And with money you can alwaysmake more money.
(04:11):
You just can't make more time.
And I learned about not just theinvesting I was doing, which
was I scaled up some singlefamily investing and then
realized that was just muchslower than how I wanted to get
there.
Syndication is just a fancyword for how we pool funds
together to go after biggerapartment buildings or buying
businesses or doing oil and gasdeals or other things.
And I learned about it startedraising capital for a deal,
(04:31):
started a meetup a local realestate meetup in Pasadena,
california, where I live andthen, just over time, found
partners, found investors, andnow it's close to $50 million
we've raised.
So it's gone fast and it's beenquite a journey.
It's not always been easy, butit's definitely been a lot of
fun.
Speaker 1 (04:52):
Yeah, absolutely Sounds like it's just been a
rocket ship really, from movingfrom the traditional pay for
money versus doing what you'redoing now and really investing
and setting up a foundation forthis passive income.
And so you talked just tomention there as well that
really you're also passionateabout having purpose and meaning
, and so when we talked earlierabout what about financial
freedom, what does that allowyou to do to pursue what you
couldn't do before, and maybethat's for others as well yeah,
(05:15):
for me.
Speaker 3 (05:15):
Last year, in 2024, I was able to travel six times
internationally.
So I went to nepal and india, Idid the base camp of mount
everest, I did a hike there withsome friends, went to portugal,
went to ireland couple of timesto Mexico, and I just I feel
like there's something abouttravel that just is a reset for
me.
So it helps me to thinkdifferently, and it's not just I
don't want to just travel allthe time, but I want to travel
(05:36):
enough that allows me to getcreative ideas and refresh.
A lot of times my creativeideas come when I'm not in the
office or somewhere out aboutsomewhere.
I was actually on a trip a fewyears ago to go into Patagonia,
chile, and that's where I wrotethe outline of my book Fire
Yourself, which has now becomean Amazon number one real estate
category bestseller, and Ithink, just being able to create
.
I think that at the end of theday, life is short and as I went
(05:58):
this was seven, eight years agowent through a divorce,
unfortunately, and I approached40 years old and 44 now, but
just realize that every yeargoes faster and it just purpose
is so important.
So what am I actually here todo so.
I had a discovery process thatto me, being a great dad is
important.
I have an amazing 12 year olddaughter.
I want to create, want to write.
I also want to.
Really, one of my big, hairy,audacious goals is to end modern
(06:19):
day human slavery in the world.
There's 20 to 40 million humanslaves today.
It gets where there's more thanthere's ever been in the
history of the world.
I believe it will get worseunless we take drastic action,
and I think there are causesthat are worth living and dying
for, and for me, that's it.
So I think that having purposein what you do, developing a
life of freedom for me so that Ican pursue helping other people
to become set free from, likeyou said, financial bondage, and
(06:42):
also, I think in the US there'sa study that showed around 70%
or 75% of people they don't liketheir job or they're not
fulfilled in their work, andthat's a real tragedy, right?
What if we could do things thatwe have the choice we want to
go to work?
We may say.
My book is called Fire Yourself.
Maybe you don't want to fireyourself from your job, but what
if, god forbid, you had ahealth issue or something
happened to a family member, youjust even having the freedom
(07:03):
that you know a boss wasn't goodto you or business thing didn't
work out that you'd be okay,and I think that's a skillset of
how do you start developingthat passive income so that you
have those choices.
Speaker 1 (07:14):
Yeah, that's a great point, and I think it is true
that if we go through lifewithout real meaning and purpose
, we're going to definitelystruggle, and so what ends up by
happening is we have GroundhogDay, and Groundhog Day just
never seems to ever produceanything.
And I want to dive in a littlebit deeper about this.
And you start talking aboutyour book Fire Yourself, and I
think it's important for us toreally understand what you
totally mean by that.
You just started saying theydon't necessarily need to quit
(07:36):
your job, but it does mean youhave to have a different mindset
, because the guys that I talkto a lot in my men's work and
then having guests on the showwe struggle with this idea as
men and we need to be thatperson.
That's the provider, but wethink of it as that back to that
day job that grind it out everyday.
But you have a different takeon it and let's dive into that.
Speaker 3 (07:57):
Yeah.
So it's interesting this allfor me.
Started I said he WarrenBuffett.
I think he's our generation'smost successful investor and
very quotable, lots of things.
And he has this quote and it'sin the first part of my book,
just before I even start thebook.
It says unless you learn how tomake money while you sleep,
you'll work until you die.
And if you really think aboutthat make money while you sleep
(08:18):
how do you make money while yousleep?
Most of the things I do orwould do for work, I have to be
actually working and doing.
What is it if my money itself,my dollar bills, would get their
coat on and leave the house andgo actually work hard for me
when I'm doing something totallydifferent?
That's really what passiveincome is about and that's a
skill set.
That's something that you it'ssomething discovered, but it's
something that's also learned.
And the challenge.
I used to be a registeredinvestment advisor in the US.
Now I call myself a recoveringinvestment advisor same initials
(08:40):
, raa, but recovering and so alot of people don't realize that
with Wall Street, the kind ofthe ways they've set things up,
people don't become wealthythrough those methods.
They can sometimes manage thewealth and not lose it, but they
don't become wealthy through it.
You have to do thingsdifferently, and so this is
where I'm going to get back intohistory.
After 1929, many years ago, weactually had the big crash here.
(09:00):
Stock market went down 89% overthe next few years 89%.
You just think of where we'reat, I think in the US we're a
little over 40,000 for the majorDow Jones index, and so if it
went down to 4,000 or something,it was sat there.
It didn't come back to where itwas for 25 years, and that
doesn't even include inflation.
It was just incredibly.
There was a time in there wherepeople would say, oh my gosh,
why in the world would you everbuy stocks?
(09:21):
Or why would you buy stocks,bonds, real estate and I think,
thinking differently, we callthem real assets.
They're called alternativeassets as well, but real estate
or other real assets likebusinesses or oil and gas or
other things that actuallygenerate, I think, over a long
term, they historically performway better.
They're about two to one, atleast in the US, as far as the
performance historically, andthen I just think they provide a
(09:42):
whole bunch, a lot more safetythan financialized products that
we're taught to put our moneyinto through a lot of these Wall
Street firms is really spendbillions and billions of dollars
every year to educate you thatthis is a safe and secure way to
do.
Even though they're incrediblyvolatile, we can get into kind
of what passive investing reallyis.
There's a lot of there's a lotof misconceptions around passive
investing, but happy to gowherever you want to go with it,
(10:03):
elaine.
Speaker 1 (10:05):
Yeah, I definitely want to touch on a little bit of
that, because I think of theguy when I think of I have.
My demographic will be as earlyas mid twenties to guys that
are closer to retirement andinto the sixties.
But I thinking of regardlesswhere.
But if you're just a young guy,you've got family, maybe you
got the mortgage, you're justgetting started and you're still
trading time for money and youhear this idea of passive income
(10:28):
.
So how does somebody just getstarted with their, just to get
their foot in the door with somestuff and get at least start to
understand and learn and withwhere they're at in life?
Speaker 3 (10:40):
Yeah.
So I think there's really twogroups of people I want to
address here that there arepeople that have more money than
they have time.
So if you have a net worth atleast over a million dollars US
or maybe you make, you have agood job or you were retired or
something, maybe it makes senseto be a passive investor right
to invest in deals that we do,other groups do deals and
basically your money will growwithout taking up more of your
(11:01):
time.
That's really who passiveinvesting is best for.
When I started, I didn't have alot of money right.
I had a good job, but I didn'thave a lot of savings and I
basically started to find a wayto help people a little more
active.
I would help raise, I wouldraise money, I'd raise capital.
I'd find people with moneyproblems, not that they didn't
have money, but they had moneyand they needed to know how to
invest it right and they didn'tlike the stock market and things
like that.
So there are ways passively.
(11:23):
I think the best way to learn,just in general, is to get
around other people that areinvestors right.
So if I want to be an investor,I've got to get around people.
So there's a lot of great ideas.
You can watch a lot of greatYouTube videos.
This is a great show.
I have a podcast called theMailbox Money Show we talk about
and there's a lot ofeducational things we talk about
around investing as well, whichis great.
But until you get in the roomwith somebody who is an investor
(11:45):
, who's been doing it for 10years, who says, hey, I'm
willing to share with you.
I worked with these guys.
This group is awesome.
I would totally invest withthem again, and these guys over
here, I would never invest withthem again for these reasons.
So that's where it's really.
That's a transformationalrelationship, right?
So most people in finance andeven myself included in this
want to sell you something.
Right, we love our deals.
We're not even it's not even abad intent.
(12:06):
We want to just, we want toreally do our stuff.
But somebody else who's notoffering deals but they're just
an investor, just like youthey're going to be the best
person to talk to, because theydon't have a dog in the fight,
they're just something.
Hey, I want to shareinformation.
I want to know what you've done, I that are investors and just
(12:28):
asking questions and thensomething that sounds weird how
could I give money or send moneyto somebody I've never met.
So, oh, these guys have done itand it's turned out well, and
here's how it's been.
Speaker 1 (12:35):
I think it's really valuable, so I think that's
probably the biggest thingforums and other places where
you can start to get someinformation, reaching out to
local chambers of commerce,different ways where you can
find these investors.
I think it's a matter of doinga little bit of research and I
think there's opportunity for usto do that.
But the other part of the thingyou're really starting to touch
(12:57):
on is your upcoming book, richBrain, and because really what
we're starting to dive into hereis that link between how we
think and what in ourrelationship to wealth.
And so let's talk a little bitabout your upcoming book and
what you're trying to get donewith accomplished with that one.
Speaker 3 (13:12):
Yeah, so Rich Brain, it really.
The book is Rich Brain how theWealthy Changed their Brain to
Change their Bank Account.
I actually wrote the book andthen I realized I was trying to
do too much, and it's basicallyreally focused around the
mindset, around what does ittake to be wealthy?
Now, this is something Idiscovered is that most people,
at least in our culture, theybelieve they're either born with
money or you're not.
There's kind of this classwarfare, there's the haves-nots
(13:34):
and whatnot, but the truth isactually the opposite.
Fidelity Investments did a 2019study and they found that 86% of
millionaires were self-maderight.
86%.
So that means almost nine outof 10 people.
They didn't inherit it.
They figured out a way tobecome wealthy, and that should
(13:54):
be very encouraging for me.
Who's not wealthy, right that?
I came from a very middle-classhome and these are learnable,
teachable skills, mindsets,habits, and so that was really
encouraging.
And then what I've reallylearned is there's some concepts
around it that I find reallyfascinating, but just the fact
that you can learn how to becomewealthy and you can actually
take specific actions and havedifferent mindsets around that.
(14:14):
Again, it sounds weird to doaffirmations.
It sounds weird to have writtengoals except the weird people
that do these things are oftenvery wealthy, most people that
are worth over $10 million.
They have some sort of mindsetpractice.
They do on a daily basis or aweekly basis.
It's surprising until you seethe results.
Speaker 1 (14:34):
That makes so much sense.
It talks about just making anote their mindset practice.
I think we forget that,regardless of where we are in
our wealth journey, whether wehave it or we're on the path or
we don't have any, is that themind the you talked about
mindset practices.
If we, whatever practices we'rehaving, is what the outcome
that we're currently delivering?
(14:54):
So why not do something weirdand have a practice and maybe
that includes a mantra, ameditation, whatever that piece
looks like for you to change thepattern that we're living in.
And I think that's such a greatopportunity, with your book
coming out, to help us reallyunderstand that.
It is a shift in ourrelationship with money and our
(15:15):
mindset and how we've beenraised to believe that.
And this leads me to I talkedto you about in the intro.
You raised like over $45million.
Now you've spoken to close to2,000, 2,500 high net worth
individuals, so you've must'velearned a few other habits and
beliefs that are reallyseparating them from the rest of
us, and we touched a little biton a mindset shift.
(15:35):
What else is happening?
Speaker 3 (15:37):
Yeah, there's this concept I discovered called.
I never really heard anybodytalk about this, but I call it
wealth worthiness, and what ithas to do with is, a lot of
times, somebody who makes$100,000 a year will just find a
way to make $100,000 a year.
It's kind of this cap and it'san internal cap.
Somebody makes a milliondollars a year.
It's similar.
They'll find a way to make amillion dollars.
There's this idea of we getwhat we expect or what we feel
(15:59):
worthy of.
It's been shown that weself-sabotage.
About 90% of us haveself-sabotaging habits negative
self-talk, procrastination.
We do different things, notjust in wealth, but in different
areas, and you can also seethis in relationships.
So, if I'm a single guy, I showup to a party at a friend's
house.
I see a beautiful woman thereand I go over to talk to her and
my self-talk is she's not goingto like me, I'm not good
(16:21):
looking, I have nothing to offer.
How do you think thatconversation is going to go?
It's probably not going to govery well, and even if it's
probably not going to happen,but if it does, it's not going
to go well.
And so it's the same when itcomes to real estate deals and
other types of investingprojects as well, is that we can
basically have this sense ofworthiness around those things.
And an example of this is Iactually had a business deal
that was approached me lastsummer and I've passed by it,
(16:44):
but because I've been doing somework in this space, I was able
to think about it later.
I'm like, no, I think thatactually could work for us.
Now it's five times, it's aboutfive times the size of our
current business and I've raised50 million.
It's a big deal.
And so I basically was able tocome back and say, okay, I think
this actually could work.
We were able to work it out.
We raised some money for it.
Now, unfortunately, with thetariffs with China, with some of
(17:04):
the stuff, we ended up notclosing on the deal, at least to
this point.
But I still look at it like awin, elaine, because I was able
to receive that.
I was able to actually say so.
I think these things that welook at when it comes to
worthiness are very importantthe way that we look at kind of
our goals and our life and thosekind of things.
So I think just visualizingourself and how we see ourself
is very important.
Speaker 1 (17:25):
Yeah, I completely agree with that and I think it
is important.
You mentioned tariffs and we'rein Canada here, so of course,
we just went through our federalelection and the big thing was
we needed to vote somebody inwho was going to fight big bad
Trump.
And in the end, it really hasnothing to do with Trump.
It has to do with our mindsetand how we've lived our lives
(17:45):
here as Canadians, because wehave such this great superpower
that's next door to us and so itshows up in our behaviors and
how we choose to live our lives.
And so same thing with yourexample talking about if you
would have been at, if yourmindset would have been where
you started 20 years ago versuswhere you are today.
That deal wouldn't even comeclose to being even looked at,
(18:05):
because it's a different type ofrelationship, and I think it's
so important that we need toshift our beliefs about what is
actually true versus what wethink is actually happening.
And that gets into things likereally understanding how to
utilize, and that gets intothings like really understanding
how to utilize.
You just mentioned tariffs, butinflation is also a big piece
on a lot of people's minds andhow to deal with it.
But you wrote some reallypowerful stuff on how we can use
(18:28):
inflation to our advantageinstead of being crushed by it,
and let's talk a little bitabout that.
Speaker 3 (18:34):
Yeah, so I have a guide.
I wrote on about inflation andI think how we think about
ourselves even I appreciate yousharing that about the Canadian
narrative as well, because weall have things that are around
ourselves.
Somebody says something to uswhile we were a kid, so I've got
my, I have a new puppy and it'sbarking in the back.
I don't know if you can hear it, but that's that little barky
sound in the background.
But anyway, when it comes tospecifically inflation, I think
(18:55):
a lot of us, no matter where youlive, there's pain at the pump,
there's pain in the grocerystore.
We see it.
And there is a way, though, tobe on the other side of the
(19:17):
equation that, as costs go up,you benefit, right, and so you
do that in real estate.
You do that using debt.
You can own real end.
I'm happy to give out that Iwrote, in regards to that, just
some unique strategies, becausethe amazing thing is, if you
have debt let's say you have ahouse and you can't find this
house anywhere, but just, forexample, $100,000 house and you
put 20% down and it appreciatesby 20% your money hasn't
increased by 20%, your equityhas actually increased by 100%,
right, because you only put$20,000 down and now you got
(19:39):
40,000 in equity, so it'sdoubled right.
So when you use leverage,that's one way to use inflation
to your advantage.
And we know, over the long-termrents, real estate, all this
stuff is going to continue tocost more as countries create
more currency.
It's just where we're headed.
Speaker 1 (19:52):
Yeah, absolutely, and then that kind of leads into
this idea of again I'll be.
I was 15, just turned 59 herein April and so I was raised
through a generation where we myparents were savers.
I had to save money, save andsave, and so that was the idea.
That's how you're going to getahead, but that's a painfully
long and unsuccessful processfor many of us, because you just
(20:14):
can't save yourself to wealth,yourself to wealth, and instead
you talked a little bit there,touched on this idea of using
debt good debt in order toreally help propel your stuff.
So let's talk a little bitabout how you step into that.
We've already mentioned realestate.
There's probably other waysthat we can do that makes sense
for our own situation, wherethen maybe we can reach out to a
(20:35):
gentleman such as yourself tohelp us guide us on that process
?
Speaker 3 (20:39):
Yeah.
So I think for, like I said,any of it is just getting around
people that can really guideyou.
You have other people aroundthat have been more experienced
than you.
They can walk you through thatprocess.
And again, I think where peoplereally take on more risk is
because they don't know whatthey're doing.
So a lot of us, when we'restarting, we don't know what
we're doing right, so we needpeople to help us.
That's where having friends,having mentors, having people in
our life that we can go togreat shows like this, shows
(21:01):
like mine just they can continueto have people that can bounce
things off of or at least ideasthey can continue to learn.
So I think that for a goodfirst step for a lot of people
is to get to a local meetup, getto a conference and meet other
investors and just say, hey,what are some deals you're doing
, what do you like?
And I would say my book, fireYourself.
I talk about this where it'slike maybe you give yourself a
(21:21):
timeline, you say, over the next60 or 90 days, I'm going to
look at five or 10 differentdeals and I'm going to choose
one.
I'm going to invest, right?
No-transcript, I think it is,but I'll say what do you think
(21:59):
the biggest risk of this is andit usually is something
different deals that hopefullygo really well.
You'll have deals that go aboutas planning of deals that don't
go well, and so I think, withall that it's, there's a
learning process, and anotherWarren Buffett quote is the best
investment you make is inyourself, right Is that?
(22:21):
It's all learning, it's allgrowth, and it's a little harder
when you're 85 years old andyou need the money to live on.
Whenever it's a being a littlemore conservative, and but it's
just no matter what age you are,no matter what happens.
Speaker 1 (22:32):
Just hey, this is all learning, this is all investing
in myself yeah, of everythingwe've been speaking about today,
it's really about getting inthe game.
You can read as many books asyou want and attend a few
seminars.
That's another way to do, youknow.
Sit in and join some mentorshipgroup, it's another way to do
it.
But ultimately you got todecide whether you're going to
be in the game.
And getting in the game meansstarting and doing something,
(22:53):
and I'm sure through the courseof your learning, bronson,
you've had a few mentors andyou're mentoring some people
right now.
I know you've mentioned Warrena couple of times, but what
would you say has been the bestpiece of advice you've been
given, and how is it stillserving you today?
Speaker 3 (23:06):
I think, the best piece of advice.
I have a mentor that helped mewhen I was starting, named
Christina Suter, and she'saround.
She has a podcast and doesstuff as well.
But she said there's two thingsthat really help you in your
investing journey One isnetworking and the other is
education.
And so there's.
It goes with.
This quote that was said by JohnWooden is attributed to him.
It said you'll be the sameperson five years from now,
(23:27):
except for the books you readand the people that you meet.
So what is that?
So that's networking andeducation.
Right, it may not be a book, itcould be a podcast like this,
it could be a YouTube video, itcould be something else.
But getting to conferences,getting to meetups, meeting new
people, networking andnetworking is not just simply
hey, shaking hands and passingbusiness cards.
It's like really listening tosomebody, figuring out what they
need and seeing.
(23:48):
Can I help this person?
Can we partner together?
Is there someone in the roomright now that I could introduce
them to?
Is it going to text somebody orcall somebody right now and
introduce them to them, or isthere a book or resource that I
can share with them that canhelp them?
And so we really appreciatewhen people want to help us.
So I think if we show up in aroom that's an investor, or any
room, and just say, hey, itreally can open up a lot of
(24:08):
doors for a lot of people.
Speaker 1 (24:10):
Yeah, absolutely Completely agree with that idea.
Bronson, before we wrap uptoday, I know there's one
message you'd share with.
If you could share just onemessage, I should say with a
listener who maybe he's sittingthere and he's listening to this
and he knows he's meant formore, but he's just stuck.
He's trading dollars for hoursand what would that message be
for him?
Speaker 3 (24:32):
Yeah, I would say really, just make a goal for
yourself, even if it soundsunreasonable.
I said, okay, in three years Idon't want to be doing this job
anymore.
And I didn't quite know how Iwas going to do it, but I said
that's my goal, I want to getout of this job.
I want to because this is agrind, and so if you find, hey,
man, I'm grinding and free, it'sout there.
We've just got to be able to go, meet the people, read the
(24:54):
books, make connections and,like you said, take the action
right.
We get all this knowledge andmeet all these people and we
don't do anything.
But if we actually start makingoffers every week or we start
investing in deals, like yousaid, we get in the game.
And I'm sure this show is abouttell you, take action right.
So it's the people thatactually take action and figure
out where.
As they're doing it, theyfigure out where they want to go
and they'll be much more likelyto get where they want to go.
Speaker 1 (25:18):
Amen, brother, totally agree with that.
I just want to say thank you somuch, bronson, for spending
time with us today and reallysharing your wisdom on how we
can start to look at creatingsome passive income by first
transforming our mindset, andthen that'll ultimately lead us
to our financial purpose.
And while this has given ussome great powerful framework,
if we really want to move fromburnout to freedom, we need to
(25:38):
take a little bit more action.
So if men want to connect withyou and learn more about your
work, what would be the best wayfor them to get hold of you?
Speaker 3 (25:45):
Yeah, happy to connect with anybody on any of
these topics personaldevelopment, real estate,
investing.
We mentioned how to useinflation to your advantage, so
I've got this color.
It's like a 30-page ebook andyou can get that for free if you
text the word inflation to thenumber 33777.
So you text the word inflationto 33777.
We'll send that to you andthat'll get you on our list and
(26:07):
you can hear about our futureofferings and things we're doing
as well.
But great to connect.
Look forward to connecting withanybody from your audience that
would want to reach out.
Speaker 1 (26:13):
Right on I'll make sure that is in the show notes
today, as well as anywhere elsethat you are on the internet and
social media so folks can getahold of you.
This is why, as we get ready towrap up today's episode, I just
want to leave you with oneother thing.
If you are truly free and notjust busy, then you're ready to
take off of this trading timefor money journey.
Then you can start to build alife of freedom and some impact
(26:35):
and purpose, and so I want youto take some action today.
Go visit us atmembersthewakenmannet and take
our free integrity challenge.
It's where financial powermeets inner clarity and it's an
opportunity to live withintention, lead with integrity
and you can get started today.
Thank you so much for joiningme on the show today, bronson.
I truly enjoyed ourconversation.
Speaker 3 (26:55):
Thanks, elaine, are you?
Speaker 2 (26:58):
ready to own your destiny, to become more the man
you are destined to be?
Join the brotherhood that isthe Awakened man at
(27:21):
theawakendmannet and startforging a new destiny today.
Let me ask you, what if everything you've been told
about saving, working hard andretiring at 65 actually was
designed to keep you stuck?
And what would change if yourmoney worked harder than you did
?
Man, I wish I knew that 20years ago.
And if you've ever felt likeyou're on this financial
treadmill and earning more butstill stuck in the time for
money trap, then this episode, Ithink, is going to be very good
(00:27):
for you.
It's going to challengeeverything that you thought that
you knew about money.
I know it's doing that for mealready.
So let's take a moment, justhit like and subscribe for this
episode and share it, becausethere's going to be someone out
there who's going to need tohear a better way to manage
their finances, and so it's thiskind of support that helps us
really grow the podcast and getother people out here listening
(00:48):
to the show, and so they canlead lives of freedom and
purpose.
And so, with that, let's get onwith today's episode.
Speaker 2 (00:59):
The average man today is sleepwalking through life,
many never reaching their truepotential, let alone ever
crossing the finish line toliving a purposeful life.
Yet the hunger still exists,albeit buried amidst his
cluttered mind, misguidedbeliefs and values that no
longer serve him.
It's time to align yourself forgreatness.
(01:20):
It's time to become arevolutionary man.
Stay strong, my brother.
Speaker 1 (01:28):
Welcome back to the show, my friends, and before we
broke here, there was anopportunity for me to ask you a
couple of questions to considerwhether you thought your current
financial strategy is actuallykeeping you stuck.
And so we've been told thishard work and saving money, and
that someday maybe we're goingto retire comfortably.
But what if that's not freedom?
What if there's just anotherway, one that's going to allow
(01:50):
us to build wealth today and now, so we can reclaim our time and
actually design a life ofpurpose and with impact?
And so that's exactly whattoday's guest has done in his
life, and Bronson Hill is thefounder of Bronson Equity and a
general partner.
With over 2,500 multifamilyunits worth more than $250
million.
(02:10):
He's raised over $45 million inreal estate and private equity
deals, and he's the host of theMailbox Money Show.
And he's also the author of thebestselling book Fire Yourself,
place your Working Income withPassive Income in Three Years or
Less.
And so he's also a reallypassionate advocate for
financial freedom, which we'regoing to talk a lot about today.
(02:31):
Mindset transformation we needto figure that out as well and
really ending the modern dayslavery that we've been brought
up to believe.
And so welcome to the showtoday, brunson.
How are things, my friend?
Speaker 3 (02:42):
Hey, Elaine, really happy to be here, man I'm doing
well.
Speaker 1 (02:47):
Happy to the show today, brunson.
How are things, my friend?
Hey, elaine, really happy to behere, man I'm doing well.
Happy to be here, brother,right on Fun to have you on the
show.
It's been a while since we'vetalked about this topic, and so
I'm really excited to get intoit and dive into the meat and
potatoes, so to speak.
But before we get totally inthere, we're going to talk a
little bit about your journey,brunson, and your journey
started really with medicalsales, and what was that moment
that you finally realized thatyou needed to break out of this
time for money model?
Speaker 3 (03:08):
that really set you on the course that you're doing
today, yeah, so yeah, I was awell-paid medical sales
professional making over$200,000 a year, and I had some
sense of financial freedom, butI just didn't have time freedom.
And I think for a lot of peoplethat say they want financial
freedom, they just it actuallyreally means time freedom In the
US I'm sure in Canada as well,for a lot of people that say
they want financial freedom, itactually really means time
freedom In the US, I'm sure inCanada as well.
A lot of us work too much.
(03:28):
We're working too many hours,too many days.
A lot of times we don't.
Even if you get paid a lot ofmoney, a lot of times it's a
time for money trade, so youcan't take the time off.
So I had a couple of physiciansthat I was working with.
They were making $2 million ayear each, which is a lot of
money, but they were working 60to 80 hours a week, every week,
(03:49):
and I just thought this doesn'tfeel like freedom to me, this
doesn't feel like a life that Ireally want to emulate, and I
started learning about realestate.
I had been doing some realestate investing over the years,
but I made a decision, elaine.
I really at one point just saidyou know what, in three years I
want to not be doing thisanymore.
I want to be on my own, I wantto be traveling more, I want to
be writing.
I write music, I write books.
I'm just doing things that aremuch more fulfilling and
meaningful to me.
And with money you can alwaysmake more money.
(04:11):
You just can't make more time.
And I learned about not just theinvesting I was doing, which
was I scaled up some singlefamily investing and then
realized that was just muchslower than how I wanted to get
there.
Syndication is just a fancyword for how we pool funds
together to go after biggerapartment buildings or buying
businesses or doing oil and gasdeals or other things.
And I learned about it startedraising capital for a deal,
(04:31):
started a meetup a local realestate meetup in Pasadena,
california, where I live andthen, just over time, found
partners, found investors, andnow it's close to $50 million
we've raised.
So it's gone fast and it's beenquite a journey.
It's not always been easy, butit's definitely been a lot of
fun.
Speaker 1 (04:52):
Yeah, absolutely Sounds like it's just been a
rocket ship really, from movingfrom the traditional pay for
money versus doing what you'redoing now and really investing
and setting up a foundation forthis passive income.
And so you talked just tomention there as well that
really you're also passionateabout having purpose and meaning
, and so when we talked earlierabout what about financial
freedom, what does that allowyou to do to pursue what you
couldn't do before, and maybethat's for others as well yeah,
(05:15):
for me.
Speaker 3 (05:15):
Last year, in 2024, I was able to travel six times
internationally.
So I went to nepal and india, Idid the base camp of mount
everest, I did a hike there withsome friends, went to portugal,
went to ireland couple of timesto Mexico, and I just I feel
like there's something abouttravel that just is a reset for
me.
So it helps me to thinkdifferently, and it's not just I
don't want to just travel allthe time, but I want to travel
(05:36):
enough that allows me to getcreative ideas and refresh.
A lot of times my creativeideas come when I'm not in the
office or somewhere out aboutsomewhere.
I was actually on a trip a fewyears ago to go into Patagonia,
chile, and that's where I wrotethe outline of my book Fire
Yourself, which has now becomean Amazon number one real estate
category bestseller, and Ithink, just being able to create
.
I think that at the end of theday, life is short and as I went
(05:58):
this was seven, eight years agowent through a divorce,
unfortunately, and I approached40 years old and 44 now, but
just realize that every yeargoes faster and it just purpose
is so important.
So what am I actually here todo so.
I had a discovery process thatto me, being a great dad is
important.
I have an amazing 12 year olddaughter.
I want to create, want to write.
I also want to.
Really, one of my big, hairy,audacious goals is to end modern
(06:19):
day human slavery in the world.
There's 20 to 40 million humanslaves today.
It gets where there's more thanthere's ever been in the
history of the world.
I believe it will get worseunless we take drastic action,
and I think there are causesthat are worth living and dying
for, and for me, that's it.
So I think that having purposein what you do, developing a
life of freedom for me so that Ican pursue helping other people
to become set free from, likeyou said, financial bondage, and
(06:42):
also, I think in the US there'sa study that showed around 70%
or 75% of people they don't liketheir job or they're not
fulfilled in their work, andthat's a real tragedy, right?
What if we could do things thatwe have the choice we want to
go to work?
We may say.
My book is called Fire Yourself.
Maybe you don't want to fireyourself from your job, but what
if, god forbid, you had ahealth issue or something
happened to a family member, youjust even having the freedom
(07:03):
that you know a boss wasn't goodto you or business thing didn't
work out that you'd be okay,and I think that's a skillset of
how do you start developingthat passive income so that you
have those choices.
Speaker 1 (07:14):
Yeah, that's a great point, and I think it is true
that if we go through lifewithout real meaning and purpose
, we're going to definitelystruggle, and so what ends up by
happening is we have GroundhogDay, and Groundhog Day just
never seems to ever produceanything.
And I want to dive in a littlebit deeper about this.
And you start talking aboutyour book Fire Yourself, and I
think it's important for us toreally understand what you
totally mean by that.
You just started saying theydon't necessarily need to quit
(07:36):
your job, but it does mean youhave to have a different mindset
, because the guys that I talkto a lot in my men's work and
then having guests on the showwe struggle with this idea as
men and we need to be thatperson.
That's the provider, but wethink of it as that back to that
day job that grind it out everyday.
But you have a different takeon it and let's dive into that.
Speaker 3 (07:57):
Yeah.
So it's interesting this allfor me.
Started I said he WarrenBuffett.
I think he's our generation'smost successful investor and
very quotable, lots of things.
And he has this quote and it'sin the first part of my book,
just before I even start thebook.
It says unless you learn how tomake money while you sleep,
you'll work until you die.
And if you really think aboutthat make money while you sleep
(08:18):
how do you make money while yousleep?
Most of the things I do orwould do for work, I have to be
actually working and doing.
What is it if my money itself,my dollar bills, would get their
coat on and leave the house andgo actually work hard for me
when I'm doing something totallydifferent?
That's really what passiveincome is about and that's a
skill set.
That's something that you it'ssomething discovered, but it's
something that's also learned.
And the challenge.
I used to be a registeredinvestment advisor in the US.
Now I call myself a recoveringinvestment advisor same initials
(08:40):
, raa, but recovering and so alot of people don't realize that
with Wall Street, the kind ofthe ways they've set things up,
people don't become wealthythrough those methods.
They can sometimes manage thewealth and not lose it, but they
don't become wealthy through it.
You have to do thingsdifferently, and so this is
where I'm going to get back intohistory.
After 1929, many years ago, weactually had the big crash here.
(09:00):
Stock market went down 89% overthe next few years 89%.
You just think of where we'reat, I think in the US we're a
little over 40,000 for the majorDow Jones index, and so if it
went down to 4,000 or something,it was sat there.
It didn't come back to where itwas for 25 years, and that
doesn't even include inflation.
It was just incredibly.
There was a time in there wherepeople would say, oh my gosh,
why in the world would you everbuy stocks?
(09:21):
Or why would you buy stocks,bonds, real estate and I think,
thinking differently, we callthem real assets.
They're called alternativeassets as well, but real estate
or other real assets likebusinesses or oil and gas or
other things that actuallygenerate, I think, over a long
term, they historically performway better.
They're about two to one, atleast in the US, as far as the
performance historically, andthen I just think they provide a
(09:42):
whole bunch, a lot more safetythan financialized products that
we're taught to put our moneyinto through a lot of these Wall
Street firms is really spendbillions and billions of dollars
every year to educate you thatthis is a safe and secure way to
do.
Even though they're incrediblyvolatile, we can get into kind
of what passive investing reallyis.
There's a lot of there's a lotof misconceptions around passive
investing, but happy to gowherever you want to go with it,
(10:03):
elaine.
Speaker 1 (10:05):
Yeah, I definitely want to touch on a little bit of
that, because I think of theguy when I think of I have.
My demographic will be as earlyas mid twenties to guys that
are closer to retirement andinto the sixties.
But I thinking of regardlesswhere.
But if you're just a young guy,you've got family, maybe you
got the mortgage, you're justgetting started and you're still
trading time for money and youhear this idea of passive income
(10:28):
.
So how does somebody just getstarted with their, just to get
their foot in the door with somestuff and get at least start to
understand and learn and withwhere they're at in life?
Speaker 3 (10:40):
Yeah.
So I think there's really twogroups of people I want to
address here that there arepeople that have more money than
they have time.
So if you have a net worth atleast over a million dollars US
or maybe you make, you have agood job or you were retired or
something, maybe it makes senseto be a passive investor right
to invest in deals that we do,other groups do deals and
basically your money will growwithout taking up more of your
(11:01):
time.
That's really who passiveinvesting is best for.
When I started, I didn't have alot of money right.
I had a good job, but I didn'thave a lot of savings and I
basically started to find a wayto help people a little more
active.
I would help raise, I wouldraise money, I'd raise capital.
I'd find people with moneyproblems, not that they didn't
have money, but they had moneyand they needed to know how to
invest it right and they didn'tlike the stock market and things
like that.
So there are ways passively.
(11:23):
I think the best way to learn,just in general, is to get
around other people that areinvestors right.
So if I want to be an investor,I've got to get around people.
So there's a lot of great ideas.
You can watch a lot of greatYouTube videos.
This is a great show.
I have a podcast called theMailbox Money Show we talk about
and there's a lot ofeducational things we talk about
around investing as well, whichis great.
But until you get in the roomwith somebody who is an investor
(11:45):
, who's been doing it for 10years, who says, hey, I'm
willing to share with you.
I worked with these guys.
This group is awesome.
I would totally invest withthem again, and these guys over
here, I would never invest withthem again for these reasons.
So that's where it's really.
That's a transformationalrelationship, right?
So most people in finance andeven myself included in this
want to sell you something.
Right, we love our deals.
We're not even it's not even abad intent.
(12:06):
We want to just, we want toreally do our stuff.
But somebody else who's notoffering deals but they're just
an investor, just like youthey're going to be the best
person to talk to, because theydon't have a dog in the fight,
they're just something.
Hey, I want to shareinformation.
I want to know what you've done, I that are investors and just
(12:28):
asking questions and thensomething that sounds weird how
could I give money or send moneyto somebody I've never met.
So, oh, these guys have done itand it's turned out well, and
here's how it's been.
Speaker 1 (12:35):
I think it's really valuable, so I think that's
probably the biggest thingforums and other places where
you can start to get someinformation, reaching out to
local chambers of commerce,different ways where you can
find these investors.
I think it's a matter of doinga little bit of research and I
think there's opportunity for usto do that.
But the other part of the thingyou're really starting to touch
(12:57):
on is your upcoming book, richBrain, and because really what
we're starting to dive into hereis that link between how we
think and what in ourrelationship to wealth.
And so let's talk a little bitabout your upcoming book and
what you're trying to get donewith accomplished with that one.
Speaker 3 (13:12):
Yeah, so Rich Brain, it really.
The book is Rich Brain how theWealthy Changed their Brain to
Change their Bank Account.
I actually wrote the book andthen I realized I was trying to
do too much, and it's basicallyreally focused around the
mindset, around what does ittake to be wealthy?
Now, this is something Idiscovered is that most people,
at least in our culture, theybelieve they're either born with
money or you're not.
There's kind of this classwarfare, there's the haves-nots
(13:34):
and whatnot, but the truth isactually the opposite.
Fidelity Investments did a 2019study and they found that 86% of
millionaires were self-maderight.
86%.
So that means almost nine outof 10 people.
They didn't inherit it.
They figured out a way tobecome wealthy, and that should
(13:54):
be very encouraging for me.
Who's not wealthy, right that?
I came from a very middle-classhome and these are learnable,
teachable skills, mindsets,habits, and so that was really
encouraging.
And then what I've reallylearned is there's some concepts
around it that I find reallyfascinating, but just the fact
that you can learn how to becomewealthy and you can actually
take specific actions and havedifferent mindsets around that.
(14:14):
Again, it sounds weird to doaffirmations.
It sounds weird to have writtengoals except the weird people
that do these things are oftenvery wealthy, most people that
are worth over $10 million.
They have some sort of mindsetpractice.
They do on a daily basis or aweekly basis.
It's surprising until you seethe results.
Speaker 1 (14:34):
That makes so much sense.
It talks about just making anote their mindset practice.
I think we forget that,regardless of where we are in
our wealth journey, whether wehave it or we're on the path or
we don't have any, is that themind the you talked about
mindset practices.
If we, whatever practices we'rehaving, is what the outcome
that we're currently delivering?
(14:54):
So why not do something weirdand have a practice and maybe
that includes a mantra, ameditation, whatever that piece
looks like for you to change thepattern that we're living in.
And I think that's such a greatopportunity, with your book
coming out, to help us reallyunderstand that.
It is a shift in ourrelationship with money and our
(15:15):
mindset and how we've beenraised to believe that.
And this leads me to I talkedto you about in the intro.
You raised like over $45million.
Now you've spoken to close to2,000, 2,500 high net worth
individuals, so you've must'velearned a few other habits and
beliefs that are reallyseparating them from the rest of
us, and we touched a little biton a mindset shift.
(15:35):
What else is happening?
Speaker 3 (15:37):
Yeah, there's this concept I discovered called.
I never really heard anybodytalk about this, but I call it
wealth worthiness, and what ithas to do with is, a lot of
times, somebody who makes$100,000 a year will just find a
way to make $100,000 a year.
It's kind of this cap and it'san internal cap.
Somebody makes a milliondollars a year.
It's similar.
They'll find a way to make amillion dollars.
There's this idea of we getwhat we expect or what we feel
(15:59):
worthy of.
It's been shown that weself-sabotage.
About 90% of us haveself-sabotaging habits negative
self-talk, procrastination.
We do different things, notjust in wealth, but in different
areas, and you can also seethis in relationships.
So, if I'm a single guy, I showup to a party at a friend's
house.
I see a beautiful woman thereand I go over to talk to her and
my self-talk is she's not goingto like me, I'm not good
(16:21):
looking, I have nothing to offer.
How do you think thatconversation is going to go?
It's probably not going to govery well, and even if it's
probably not going to happen,but if it does, it's not going
to go well.
And so it's the same when itcomes to real estate deals and
other types of investingprojects as well, is that we can
basically have this sense ofworthiness around those things.
And an example of this is Iactually had a business deal
that was approached me lastsummer and I've passed by it,
(16:44):
but because I've been doing somework in this space, I was able
to think about it later.
I'm like, no, I think thatactually could work for us.
Now it's five times, it's aboutfive times the size of our
current business and I've raised50 million.
It's a big deal.
And so I basically was able tocome back and say, okay, I think
this actually could work.
We were able to work it out.
We raised some money for it.
Now, unfortunately, with thetariffs with China, with some of
(17:04):
the stuff, we ended up notclosing on the deal, at least to
this point.
But I still look at it like awin, elaine, because I was able
to receive that.
I was able to actually say so.
I think these things that welook at when it comes to
worthiness are very importantthe way that we look at kind of
our goals and our life and thosekind of things.
So I think just visualizingourself and how we see ourself
is very important.
Speaker 1 (17:25):
Yeah, I completely agree with that and I think it
is important.
You mentioned tariffs and we'rein Canada here, so of course,
we just went through our federalelection and the big thing was
we needed to vote somebody inwho was going to fight big bad
Trump.
And in the end, it really hasnothing to do with Trump.
It has to do with our mindsetand how we've lived our lives
(17:45):
here as Canadians, because wehave such this great superpower
that's next door to us and so itshows up in our behaviors and
how we choose to live our lives.
And so same thing with yourexample talking about if you
would have been at, if yourmindset would have been where
you started 20 years ago versuswhere you are today.
That deal wouldn't even comeclose to being even looked at,
(18:05):
because it's a different type ofrelationship, and I think it's
so important that we need toshift our beliefs about what is
actually true versus what wethink is actually happening.
And that gets into things likereally understanding how to
utilize, and that gets intothings like really understanding
how to utilize.
You just mentioned tariffs, butinflation is also a big piece
on a lot of people's minds andhow to deal with it.
But you wrote some reallypowerful stuff on how we can use
(18:28):
inflation to our advantageinstead of being crushed by it,
and let's talk a little bitabout that.
Speaker 3 (18:34):
Yeah, so I have a guide.
I wrote on about inflation andI think how we think about
ourselves even I appreciate yousharing that about the Canadian
narrative as well, because weall have things that are around
ourselves.
Somebody says something to uswhile we were a kid, so I've got
my, I have a new puppy and it'sbarking in the back.
I don't know if you can hear it, but that's that little barky
sound in the background.
But anyway, when it comes tospecifically inflation, I think
(18:55):
a lot of us, no matter where youlive, there's pain at the pump,
there's pain in the grocerystore.
We see it.
And there is a way, though, tobe on the other side of the
(19:17):
equation that, as costs go up,you benefit, right, and so you
do that in real estate.
You do that using debt.
You can own real end.
I'm happy to give out that Iwrote, in regards to that, just
some unique strategies, becausethe amazing thing is, if you
have debt let's say you have ahouse and you can't find this
house anywhere, but just, forexample, $100,000 house and you
put 20% down and it appreciatesby 20% your money hasn't
increased by 20%, your equityhas actually increased by 100%,
right, because you only put$20,000 down and now you got
(19:39):
40,000 in equity, so it'sdoubled right.
So when you use leverage,that's one way to use inflation
to your advantage.
And we know, over the long-termrents, real estate, all this
stuff is going to continue tocost more as countries create
more currency.
It's just where we're headed.
Speaker 1 (19:52):
Yeah, absolutely, and then that kind of leads into
this idea of again I'll be.
I was 15, just turned 59 herein April and so I was raised
through a generation where we myparents were savers.
I had to save money, save andsave, and so that was the idea.
That's how you're going to getahead, but that's a painfully
long and unsuccessful processfor many of us, because you just
(20:14):
can't save yourself to wealth,yourself to wealth, and instead
you talked a little bit there,touched on this idea of using
debt good debt in order toreally help propel your stuff.
So let's talk a little bitabout how you step into that.
We've already mentioned realestate.
There's probably other waysthat we can do that makes sense
for our own situation, wherethen maybe we can reach out to a
(20:35):
gentleman such as yourself tohelp us guide us on that process
?
Speaker 3 (20:39):
Yeah.
So I think for, like I said,any of it is just getting around
people that can really guideyou.
You have other people aroundthat have been more experienced
than you.
They can walk you through thatprocess.
And again, I think where peoplereally take on more risk is
because they don't know whatthey're doing.
So a lot of us, when we'restarting, we don't know what
we're doing right, so we needpeople to help us.
That's where having friends,having mentors, having people in
our life that we can go togreat shows like this, shows
(21:01):
like mine just they can continueto have people that can bounce
things off of or at least ideasthey can continue to learn.
So I think that for a goodfirst step for a lot of people
is to get to a local meetup, getto a conference and meet other
investors and just say, hey,what are some deals you're doing
, what do you like?
And I would say my book, fireYourself.
I talk about this where it'slike maybe you give yourself a
(21:21):
timeline, you say, over the next60 or 90 days, I'm going to
look at five or 10 differentdeals and I'm going to choose
one.
I'm going to invest, right?
No-transcript, I think it is,but I'll say what do you think
(21:59):
the biggest risk of this is andit usually is something
different deals that hopefullygo really well.
You'll have deals that go aboutas planning of deals that don't
go well, and so I think, withall that it's, there's a
learning process, and anotherWarren Buffett quote is the best
investment you make is inyourself, right Is that?
(22:21):
It's all learning, it's allgrowth, and it's a little harder
when you're 85 years old andyou need the money to live on.
Whenever it's a being a littlemore conservative, and but it's
just no matter what age you are,no matter what happens.
Speaker 1 (22:32):
Just hey, this is all learning, this is all investing
in myself yeah, of everythingwe've been speaking about today,
it's really about getting inthe game.
You can read as many books asyou want and attend a few
seminars.
That's another way to do, youknow.
Sit in and join some mentorshipgroup, it's another way to do
it.
But ultimately you got todecide whether you're going to
be in the game.
And getting in the game meansstarting and doing something,
(22:53):
and I'm sure through the courseof your learning, bronson,
you've had a few mentors andyou're mentoring some people
right now.
I know you've mentioned Warrena couple of times, but what
would you say has been the bestpiece of advice you've been
given, and how is it stillserving you today?
Speaker 3 (23:06):
I think, the best piece of advice.
I have a mentor that helped mewhen I was starting, named
Christina Suter, and she'saround.
She has a podcast and doesstuff as well.
But she said there's two thingsthat really help you in your
investing journey One isnetworking and the other is
education.
And so there's.
It goes with.
This quote that was said by JohnWooden is attributed to him.
It said you'll be the sameperson five years from now,
(23:27):
except for the books you readand the people that you meet.
So what is that?
So that's networking andeducation.
Right, it may not be a book, itcould be a podcast like this,
it could be a YouTube video, itcould be something else.
But getting to conferences,getting to meetups, meeting new
people, networking andnetworking is not just simply
hey, shaking hands and passingbusiness cards.
It's like really listening tosomebody, figuring out what they
need and seeing.
(23:48):
Can I help this person?
Can we partner together?
Is there someone in the roomright now that I could introduce
them to?
Is it going to text somebody orcall somebody right now and
introduce them to them, or isthere a book or resource that I
can share with them that canhelp them?
And so we really appreciatewhen people want to help us.
So I think if we show up in aroom that's an investor, or any
room, and just say, hey, itreally can open up a lot of
(24:08):
doors for a lot of people.
Speaker 1 (24:10):
Yeah, absolutely Completely agree with that idea.
Bronson, before we wrap uptoday, I know there's one
message you'd share with.
If you could share just onemessage, I should say with a
listener who maybe he's sittingthere and he's listening to this
and he knows he's meant formore, but he's just stuck.
He's trading dollars for hoursand what would that message be
for him?
Speaker 3 (24:32):
Yeah, I would say really, just make a goal for
yourself, even if it soundsunreasonable.
I said, okay, in three years Idon't want to be doing this job
anymore.
And I didn't quite know how Iwas going to do it, but I said
that's my goal, I want to getout of this job.
I want to because this is agrind, and so if you find, hey,
man, I'm grinding and free, it'sout there.
We've just got to be able to go, meet the people, read the
(24:54):
books, make connections and,like you said, take the action
right.
We get all this knowledge andmeet all these people and we
don't do anything.
But if we actually start makingoffers every week or we start
investing in deals, like yousaid, we get in the game.
And I'm sure this show is abouttell you, take action right.
So it's the people thatactually take action and figure
out where.
As they're doing it, theyfigure out where they want to go
and they'll be much more likelyto get where they want to go.
Speaker 1 (25:18):
Amen, brother, totally agree with that.
I just want to say thank you somuch, bronson, for spending
time with us today and reallysharing your wisdom on how we
can start to look at creatingsome passive income by first
transforming our mindset, andthen that'll ultimately lead us
to our financial purpose.
And while this has given ussome great powerful framework,
if we really want to move fromburnout to freedom, we need to
(25:38):
take a little bit more action.
So if men want to connect withyou and learn more about your
work, what would be the best wayfor them to get hold of you?
Speaker 3 (25:45):
Yeah, happy to connect with anybody on any of
these topics personaldevelopment, real estate,
investing.
We mentioned how to useinflation to your advantage, so
I've got this color.
It's like a 30-page ebook andyou can get that for free if you
text the word inflation to thenumber 33777.
So you text the word inflationto 33777.
We'll send that to you andthat'll get you on our list and
(26:07):
you can hear about our futureofferings and things we're doing
as well.
But great to connect.
Look forward to connecting withanybody from your audience that
would want to reach out.
Speaker 1 (26:13):
Right on I'll make sure that is in the show notes
today, as well as anywhere elsethat you are on the internet and
social media so folks can getahold of you.
This is why, as we get ready towrap up today's episode, I just
want to leave you with oneother thing.
If you are truly free and notjust busy, then you're ready to
take off of this trading timefor money journey.
Then you can start to build alife of freedom and some impact
(26:35):
and purpose, and so I want youto take some action today.
Go visit us atmembersthewakenmannet and take
our free integrity challenge.
It's where financial powermeets inner clarity and it's an
opportunity to live withintention, lead with integrity
and you can get started today.
Thank you so much for joiningme on the show today, bronson.
I truly enjoyed ourconversation.
Speaker 3 (26:55):
Thanks, elaine, are you?
Speaker 2 (26:58):
ready to own your destiny, to become more the man
you are destined to be?
Join the brotherhood that isthe Awakened man at
(27:21):
theawakendmannet and startforging a new destiny today.
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