TMBA 679: News Updates + “The Number”

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On a recent show Dan and Ian touched on ‘the lifestyle ladder’, and what different levels of personal wealth can mean in your life. Following that they received an interesting email from today’s guest Matt Paulson who today shares why he’s found that achieving substantial personal wealth raises fundamental questions about how you want to spend that money, especially in relation to assessing investment opportunities, raising a family and contributing to a community you value:

“My strategy is to create as normal of a childhood as possible for my children. So our house cost half a million dollars … I walk my kids to elementary school every morning. We fly private sometimes, we stay in fancier hotel rooms but the day to day is pretty normal .. I think if I can not set unrealistic expectations about what life is like when they’re young, they’ll carry over to when they’re adults”.

Dan and Ian also discuss the incredible opportunities opened up by the recently launched Open AI tool ChatGPT, and some exciting news about their latest product DC Scale, created out of their own frustrations establishing operational management systems within their own businesses.

Listen and Learn:

  • Assessing investment opportunities as you grow wealthier
  • Matt’s real estate strategy
  • Why Matt is contributing to a co-working incubator in his city
  • Lifestyle choices for raising a family with wealth

Mentioned in the episode:

Before the Exit – Our New Book
Partner With Us
The Dynamite Circle
Dynamite Jobs
Post a Remote Job
Dynamite Deals
Tropical MBA on YouTube
Dynamite Jobs – Remote Recruiting Sales Page
Matt Paulson
Market Beat
Creston Properties
ChatGPT
AngelList
My First Million Podcast
Acquired Podcast
All-In Podcast
Business Breakdowns Podcast

Enjoyed this podcast? Check out these:

TMBA358: Is All Property an Investment Opportunity?
TMBA440: What’s Your Lifestyle Ladder?
TMBA507: 50,000 Dollars a Month From One Blog Post?!

This week’s sponsors:

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Have comments about the show?

Do you have ideas for things you’d like Dan and Ian to discuss on future episodes?

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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian


 

Full Transcript


(Transcript Forthcoming)

(Transcript Forthcoming)