Dear Readers

In 1985, after 10 years working for several Fortune 500 and International companies like Daimler Benz, Prudential, GE, US Leasing, Chrysler and others, I decided to leave my $160,000 job and depart on my entrepreneurial journey which continues today.

With over $500,000,000 in the sale of everything from cars, computers, franchises, public and privately traded companies, real estate, and many others, I can tell you from personal experiences how to avoid the pitfalls that await you and grow your passive/active income-producing wealth in a shorter time span.

My main areas of expertise are in real estate, stocks, early retirement, financial planning, owning and operating small businesses, fintech, and bank financing, government small business loans, royalty income streams, banking, mortgages, tax avoidance, and building sustainable passive income streams. I only write based on first-hand experience because money is too important to be left to financial Gurus with no practical experiences. Gurus have little time to practice current actual experiences they claim they have because most of their time is selling you on how to do things.

All things written about in this blog, including videos, are from my personal experiences. All material is written by me, there are no outside sources except for video editing. There is very little in this blog based on information outside my personal experience. Those experiences continue today as I use my businesses as a personal laboratory, testing theory, and applying new ideas to current ever-changing conditions.

My investments cover a range from real estate, both domestic and foreign, ownership in private and public companies, e-commerce businesses, blogs, and how-to books on working from home while accumulating family wealth.

We will discuss all forms of investing based on my personal experiences, from option day trading to long term real estate investing, simultaneous close real estate transactions, government and private credit instruments, asset recovery businesses, working with third party professionals through portals like Fiverr and Upwork, working from a home-based office, dropshipping and a widely diverse cross-section of how to open and operate small businesses, not to mention long term investing in publicly traded companies.

Unlike most blogs which research data and formulate unproven theories based on their research, my blog is based solely on personal proven experiences which often differ from the self-promoting financial Gurus. This means you will know how not to make the same disastrous mistakes and suffer the overwhelming consequences that have left me homeless and helpless.

I will teach you how I have made and lost millions of dollars and how you can avoid these crushing defeats, while changing from employee worker, to entrepreneurial investor for the long term.

Most importantly, I will answer your questions as it relates to the content in this blog, as we journey forward together on the road to financial freedom and independence.

About Mike

After graduating with a degree in finance and accounting I journeyed forward and began work for several Fortune 500 and international publicly traded companies, along with a side venture in owning and operating a VW/Mazda dealership in Modesto California.

In 1985 I realized that working for other people for that 9 to 5 paycheck, more like the 5 to 9 paycheck, was getting me nowhere fast, as I made fortunes for those employers with very little financial freedom for myself.

It was then that I realized that limitless wealth and financial freedom lay ahead if only I could make the mental transition from employee wage earner to entrepreneurial fortune seeker. The transition was a lot easier than I expected and in my first month as a business owner, working from my one-bedroom apartment in Los Angels, I earned income in excess of $67,000 which in today’s dollars equivalent to $162,000. In my second month of working from home for myself, I increased my deposits to $82,000, equivalent to $200,000 in today’s dollars. This is a monthly income, not a yearly income.

Fast forward to 2020, and the same exists today, only my total income is now 100% passive, and here are the monthly numbers.

Category Total Monthly Passive Income Yearly Passive Income (% of Total)
Royalty Income $23,875 $286,500
Real Estate $11,418 $137,016
Trucking Business $2,201 $ 26,412
Retirement Income $2,421 $29,052
Total $ 29,915 $478,980

Not calculated. Book Royalty, consulting fees
Not calculated stocks income and appreciation

Personal Philosophy

Wealth is created over time which is why most people have little to no wealth. Everyone wants to get rich by this afternoon and they don’t want to work for it either. Take responsibility for everything that happens in your life and stop blaming others for why you are not getting ahead. If you can find something you love to do and can make money at it then great. If you can’t find something you love to do then find something that you can make money at and learn to love that. Stop complaining & whining and start doing something today to change your life for the better. There’s a bunch of people that have no clothes, food, water or a place to live so start realizing how good you have it being where you’re at and take responsibility to do something about it today.

Financial freedom is power, and power gives you the freedom to do what you want when you want and with whom you want.

Enjoy every moment of the journey because the journey is sometimes more fun than where you land.

Be thankful and always keep learning, you’ll always get to where you want to be if you never give up.