EP274: If We Wanted to Retire Rich, This Is What We’d Do

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Heyyyyyyyy friend,

Let us ask you something—have you ever wondered how legends like Michael Jordan, Magic Johnson, and Shaquille O’Neal managed to get *even richer* after they left the NBA?

Well, in this episode, we’re diving into exactly how they did it, how we’ve built our long-term wealth, and more importantly—how *you* can too.

Why should you listen to us? Because in just six short years, we went from having $2,000 in the bank to building a $300 million multifamily portfolio—all while living a life we love.

Ready to dive in? Let’s go! 👇🏼

What We Learned from Magic Johnson

Magic Johnson—LA’s unofficial mayor and one of the richest self-made athletes out there—has built an *empire*. Here’s what we’ve learned from him:

NO. 1 Reputation is Everything

Magic says it best: “Word of mouth in our business is really important.” For him, reputation is the foundation of long-term success. It’s what makes people want to work with him. And guess what? The same applies to us. 🗣️

When we first started, the “know, like, and trust” factor was huge—but actions speak louder than words. Over time, our reputation became our greatest asset. We built it by showing up, delivering results, and protecting our investors’ wealth, even when things got tough.

NO. 2 Let Your Money Make Babies

Yes, you heard that right. Magic is all about making his money work for him. He’s invested in everything from insurance companies to sports teams. And us? Even though we run a private equity firm, we’re big on passive investments too. It’s how we got started—letting our money grow without having to be hands-on 24/7.

NO. 3 Hire the Right People
Magic’s secret sauce?

Surrounding himself with a dream team and empowering them to make decisions. We took a page from his playbook. By partnering with ultra-high-net-worth individuals and strategic partners, we gained access to deals that would’ve been out of reach on our own.

The Michael Jordan Playbook 🏀

Michael Jordan isn’t just the GOAT in basketball—he’s a *master* at building wealth.

Here’s what we learned from him:

NO. 1 Partnership Matters
Did you know Jordan’s original Nike deal wasn’t just about salary? His mom insisted he secure equity in the company. And that changed the game. For us, partnership is everything too. Our multifamily investments allow us to grow wealth not just for ourselves, but for our investors as well.

NO. 2 The Power of Ownership

Our growth skyrocketed through strategic partnerships, giving us access to assets typically reserved for top-tier institutional investors. 

We also partner with ultra-high-net-worth individuals, those with $1M to $5M in investable assets, who excel at generating active income but lack the time, interest, or expertise in multifamily real estate. They’re focused on turning their business profits into a lasting legacy, and we’re here to help make that a reality.

NO. 3 Stay in Your Lane

Jordan tried his hand at baseball—and it didn’t go so well. But when he returned to basketball, he dominated. The lesson? Stick to your genius zone. That’s why we stay focused on multifamily real estate and don’t chase after the latest trends like crypto or NFTs.

Lessons from Shaq 💪

Let’s talk about Shaquille O’Neal. He’s taught us some *game-changing* lessons:

NO. 1 Focus on Passive Income

Shaq knows the key to long-term wealth is passive income. It’s not just about what you *earn*—it’s about what you do with that money afterward. We’ve applied this by doubling down on real estate. People always need a place to live, and that’s where we invest our dollars.

NO. 2 Double or Triple Down On Things People Need.

Shaq says that once he started investing in things people need—like tech, education, and healthcare—he’s been able to double and even triple his investments. 

For us, we double or triple down on shelter. People need a place to live, it’s a basic human necessity. And no AI or technology can replace that.

NO. 3 Do Your Homework
Shaq admits he’s been burned by bad deals in the past. Now, he’s all about due diligence, and so are we. We thoroughly vet every deal, ensuring we’re minimizing risk and maximizing returns for our investors.

How We Built Our Wealth (And How You Can Too!) 💰

So, how did we turn $2,000 into a $300 million portfolio? By taking *action*. We started small, learned along the way, and grew through smart investments. Our strategy has evolved over time, but the core remains the same—focus on high-quality assets, build relationships, and stay curious.

What’s Next for You?

If you’re ready to start growing your wealth, here are four things NOT to do:

1️⃣ Rely solely on active income.
2️⃣ Stop learning or exploring new opportunities.
3️⃣ Ignore the power of leverage.
4️⃣ Stay in your comfort zone.

Flip the script, and you’ll be well on your way to building extraordinary wealth, just like the legends we talked about.

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