E367: Why should we invest in Oil? with Troy Eckard

In this episode of Capital Hacking, we had the pleasure of welcoming,  Troy Eckard, founder of Eckard Enterprise, who shares insights into his unique approach to oil and gas investments. Eckard explains his company’s growth strategy, including a $750 million acquisition in recent years, and attributes his success to transparency, technology, and deep client relationships. He emphasizes a unique capital structure, avoiding traditional carry interests in favor of a one-time fee, which builds investor trust and ensures direct monthly payments. Eckard also highlights the benefits of diversification and the importance of succession planning to maintain long-term growth and stability. Ultimate Show Notes:[9:00] Introduction of Eckard Enterprise and its business strategy.[12:00] Unique approach to investment and client relationships.[17:00] Use of technology and data in oil and gas investments.[18:17] Discussing investment in oil and gas portfolios with fractional shares.[19:52] Texas and Oklahoma identified as favorable states for oil and gas.[20:15] Troy Eckard's business model focuses on investor relationships and transparency.[32:25] Importance of experience and historical knowledge in building a successful business.[33:38] Troy Eckard's transition from president to CEO to focus on vision and capital.Connect with Troy:Facebook: https://www.facebook.com/tweckard60/?_rdr LinkedIn: https://www.linkedin.com/in/troy-w-eckard-a138a3215/ Website: https://eckardenterprises.com/GET YOUR PASS NOW for an unforgettable day at Experience Learn & Grow 2024: https://accountableequity.com/learngrow/Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, we had the pleasure of welcoming Mike Neubauer, a remarkable individual with an inspiring journey from homelessness to becoming a firefighter and achieving financial freedom through real estate.Mike shared his incredible story of moving to Maui with no money, no job, and no plan, driven solely by his dream to live in Hawaii. He recounted his experiences of being homeless on the beach and how he eventually became a firefighter, a role he held for ten years. During this time, he discovered the world of real estate investing, which ultimately led him to financial independence.We delved into Mike's real estate journey, discussing how he started with house hacking and gradually built a portfolio of short-term rentals. He emphasized the importance of finding focus and prioritizing tasks, drawing parallels between firefighting and real estate investing. Mike also shared insights into the unique challenges and opportunities of investing in Hawaii's real estate market, where properties can be quite expensive.Additionally, we explored Mike's new venture, "Our Family Invests," where he aims to educate others on real estate and personal development, alongside his wife, Caroline. Their partnership in both life and business is a testament to their shared vision and commitment to helping others achieve their dreams.As we wrapped up the episode, Mike offered valuable advice for aspiring investors and highlighted the importance of following one's dreams, even when the path is uncertain. This episode is a must-listen for anyone looking to be inspired by a true success story and learn practical strategies for real estate investing.Ultimate Show Notes:00:01:56 - Mike's Background00:03:13 - First Firefighting Experience00:04:54 - Transition to Real Estate00:05:20 - Becoming a Firefighter00:08:22 - Real Estate Journey00:10:13 - First Investment in Hawaii00:12:26 - Building an Ohana00:14:44 - Educational Endeavors00:16:00 - Working Together as a Couple00:20:05 - Living in Hawaii: Pros and Cons00:23:58 - Recommendations for Visiting HawaiiConnect with Mike: https://ourfamilyinvests.com/connect/ GET YOUR PASS NOW for an unforgettable day at Experience Learn & Grow 2024: https://accountableequity.com/learngrow/Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, we had the pleasure of welcoming Stanton Myerson, a renowned figure in the pawn industry and a close friend of mine for over 20 years. Stanton, known as the "Philly Pawn Boss," shared his fascinating journey and insights from running a pawn shop that has been in his family for generations.We kicked off the conversation by diving into Stanton's unique upbringing in Chester, Pennsylvania, where he was influenced by a family legacy that dates back to the early 1900s. He dispelled common misconceptions about the pawn business, explaining that it primarily involves making loans on collateral, much like a bank does with mortgages, but with a wider range of items beyond real estate.Stanton's energy and humor made this one of the funniest episodes we've recorded. He shared stories about his successful ventures in the pawn industry, including high-value items like jewelry and collectibles, and how he has diversified into real estate and community service. His commitment to self-promotion and community engagement has helped reshape the perception of pawn shops, especially after the popularity of shows like "Pawn Stars."We also explored Stanton's impressive work ethic and daily routines, which have contributed to his success. He emphasized the importance of building trust with clients and treating everyone with respect, regardless of their background. His dedication to his work is evident in the way he interacts with customers and employees alike.Ultimate Show Notes:00:01:08 - Stanton's Background and Family History00:02:20 - Misconceptions About the Pawn Industry00:03:40 - Understanding the Pawn Business Model00:05:55 - Diversification Beyond Pawnbroking00:08:02 - Most Profitable Items in the Pawn Business00:09:29 - Building Trust with Clients00:11:27 - The Role of Pawn Shops in Financial Emergencies00:12:09 - Fun Anecdote: Stanton's Video with John Edwin00:14:40 - Unique Items in Stanton's Collection: The Lombardi Trophy00:17:00 - The Pope's Chair and Community Engagement00:22:43 - The Importance of Dressing for Success00:28:33 - Stanton's Responsibility as a Business Owner00:29:29 - How to Connect with Stanton MyersonFollow Stanton Myerson on Socials: https://louspawn.com/ https://www.facebook.com/Lousjewelrypawn https://www.youtube.com/channel/UCOWlSYFPpCYfd6IakLLBUaA GET YOUR PASS NOW for an unforgettable day at Experience Learn & Grow 2024: https://accountableequity.com/learngrow/Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this inspiring episode of Capital Hacking, we had the privilege of interviewing Aaron Hale. Aaron Hale’s journey is one of unparalleled resilience and transformation. He served 14 years in both the Navy, as a chef to the Commander of the US 6th Fleet, and in the Army as a team leader in Explosive Ordnance Disposal (EOD), one of the military’s most dangerous roles. After an IED explosion left him blind, Aaron defied expectations by becoming an EOD instructor, motivational speaker, mountain climber, white water kayaker, and marathon runner. Four years later, Aaron faced another life-altering challenge when bacterial meningitis took his hearing, rendering him completely deaf.Undeterred, Aaron rose again. He now shares his story through speaking engagements, runs marathons, and co-manages a thriving chocolate company with his wife. He’s also a dedicated husband, father of three, a real estate investor, and the host of the Point of Impact podcast. In 2023, Aaron made history as the first blind and deaf person to complete the world's toughest foot race, Badwater 135.Ultimate Show Notes:00:00:44 - Interview with Aaron Hale: Background and Journey00:01:56 - Aaron's Unique Communication Device00:02:18 - Aaron's Transition from Military to Civilian Life00:03:01 - Starting the Fudge Business: Extraordinary Delights00:05:04 - Growth of the Fudge Business and E-commerce Shift00:06:05 - Aaron's Real Estate Ventures and Investment Strategies00:10:20 - Overcoming Adversity and Maintaining a Positive Mindset00:12:28 - Family Life and Support System00:14:16 - The Evolution of the Fudge Business00:19:32 - Current Success and Sales Statistics of EOD Fudge00:20:31 - Transitioning into Real Estate Investing00:23:04 - Building a Team and Finding ContractorsAaron Hale US Army EOD (Ret) (315) 775-6908Host Point of Impact PodcastPointofimpactpod.com President Extra Ordinary Delights Confectionswww.eodfudge.com   Join the Capital Hacking community in Arizona on October 24th & 25th for the Alternative Asset Investment Summit! Use discount code JOSHM50 available specially for Capital Hacking fans.Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, Josh McCallen, along with my co-host John Edwin, dive deep into the concepts of legacy and impact, particularly in the context of family and investing. We reflect on our personal experiences and the importance of discussing financial matters openly with our children, breaking the taboo that often surrounds money conversations.John shares how he and his wife, Christine, have made it a priority to involve their kids in discussions about real estate and financial strategies, ensuring they are equipped with the knowledge to manage any legacy they may inherit. We explore the idea that legacy is not just about wealth but also about the responsibility that comes with it, drawing parallels to our experiences with families who have built successful businesses across generations.We also touch on the pressures that come with building a legacy, likening it to the responsibilities of parenthood. The conversation leads us to consider how we can instill a sense of purpose and responsibility in our children, preparing them to carry forward the legacies we create.Ultimate Show Notes:00:00:00 - Introduction and Importance of Legacy00:02:00 - Defining Legacy00:03:30 - The Shift in Family Conversations About Money00:05:00 - The Burden of Wealth and Responsibility00:08:00 - The Heavy Positive Burden of Legacy00:10:30 - Equipping Future Generations00:12:30 - Structured Family Vacations as a Legacy Tool00:15:00 - Creating Value for Future Generations00:18:00 - Finding Your Calling00:19:30 - Conclusion Join the Capital Hacking community in Arizona on October 24th & 25th for the Alternative Asset Investment Summit! Use discount code JOSHM50 available specially for Capital Hacking fans.Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, we had the incredible opportunity to speak with Clay Speakman, a true inspiration and a member of the GoBundance community. Clay shared his remarkable journey from being a successful technology entrepreneur to transforming his life through physical challenges and grit-based adventures.We discussed his philosophy of "doing hard things on purpose," which has become a guiding principle in his life. Clay recounted his experiences with extreme endurance events, including the infamous Spartan Death Race, where he pushed his limits and discovered the power of mental resilience. He emphasized how these challenges helped him slay limiting beliefs and redefined his understanding of what he is capable of achieving.Clay also introduced us to his new venture, Health Rocket, a gaming platform designed to gamify health and wellness. Ultimate Show Notes:00:01:00 - Clay Speakman's Journey: From Business Success to Physical Transformation00:02:00 - The Philosophy of "Do Hard Things on Purpose"00:05:00 - Clay's Background in Technology and Business Development00:08:00 - The Spartan Death Race: Overview and Experience00:10:00 - Understanding the Mental Challenges of the Death Race00:12:00 - The Importance of Knowing Your Limits00:18:00 - Applying Lessons from the Death Race to Personal Life00:20:00 - The Role of Visualization in Achieving Goals00:25:00 - Scaling the Grit Games and Health Rocket ConceptFor those interested in learning more about Clay and his initiatives, you can visit the following websites:https://www.healthrocket.life  – our Health Rocket game site where you can request info on the company and sign up for the beta-test platform.https://www.agedefyinghealth.ai  – our data analysis site on Healthy Behaviors for High-Performing Leaders.You can also connect with Clay on social media:Personal FB: https://www.facebook.com/CSpeakmanrun HealthRocket FB: https://www.facebook.com/healthrocketlife/ EPIC GRIT Club FB: https://www.facebook.com/epicgritclub/ LinkedIn: https://www.linkedin.com/in/clayspeakman/ Join the Capital Hacking community in Arizona on October 24th & 25th for the Alternative Asset Investment Summit! Use discount code JOSHM50 available specially for Capital Hacking fansTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, we had the pleasure of interviewing Aaron Osgood, a remarkable real estate entrepreneur and dedicated family man. We delved into Aaron's journey from being a collegiate basketball player at Cornell to becoming a successful figure in the real estate industry.Aaron shared his unique experiences, including playing basketball overseas in Denmark and how that led him to Philadelphia, where he now resides with his wife and two daughters. We explored his transition into real estate, starting with a job at a home builder and eventually moving into acquisitions and private equity. Aaron's first significant deal involved a nine-unit subdivision in South Philly, which set the stage for his future successes in real estate.Ultimate Show Notes:00:01:40 - Aaron's Background: From Basketball to Real Estate00:05:01 - Transitioning from Sports to Business00:07:55 - Aaron's First Real Estate Deal00:10:39 - The Shift to Fund Formation in Real Estate00:12:49 - Investment Strategies: Value-Add Multifamily and Private Lending00:15:19 - Market Changes and Opportunities in Real Estate00:16:42 - Balancing Family Life and Business00:19:25 - Aaron's Bucket List Adventures00:24:47 - The Importance of Family Connections00:30:41 - Creating a Shared Bucket List with Your PartnerTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, we are thrilled to welcome our guest, Bryan McFarland, who brings a wealth of experience and insight from his diverse entrepreneurial journey. Co-hosted by the ever-energetic Alex Felice, also known as Alexander the Great, we dive deep into Bryan's fascinating story, covering everything from his family business in manufacturing to his innovative approach to mental health and productivity.Bryan shared his journey of taking over his family's sales agency in the manufacturing space, which has been in operation since 1970. He discussed how he grew the business while also starting a machine shop and eventually selling it. We delved into his real estate ventures, including his successful Airbnb properties and a small e-commerce project he launched during the pandemic called 3x5 Life, which focuses on productivity and gratitude.3x5 Life https://www.3x5life.com/Throughout the conversation, we explored the importance of mental health and simple daily practices that can significantly improve one's outlook on life. Bryan emphasized the power of gratitude and the impact of small wins, sharing how these concepts have been integrated into his product and personal life.Ultimate Show Notes:00:01:26 - Introduction of Guest: Bryan McFarland00:02:04 - Bryan's Background and Family Business00:03:30 - Overview of Bryan's Sales Agency and Manufacturing00:04:03 - Bryan's E-Commerce Venture: 3x5 Life00:05:51 - Deep Dive into 3x5 Life Product00:08:01 - Discussion on Mental Health and Daily Checklists00:10:10 - Bryan's Experience Working with Family00:12:01 - Insights on Manufacturing and Product Impact00:14:01 - Bryan's Personal Journey and Self-Development00:19:28 - Training for Rim to Rim Ultra Marathon00:22:10 - Discussion on Airbnb Investments00:24:34 - Favorite Books and Personal GrowthTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this episode of Capital Hacking, we're thrilled to welcome our guest, Jeremy Hans, a fellow GoBundance brother and a long-time friend. Co-hosting with us today is Alex Felice, who brings a fresh perspective to the show while our regular host, Josh McCallum, is away.Jeremy shares his incredible journey from being a Navy helicopter pilot to venturing into the world of real estate and business. He recounts his early struggles in real estate, including a significant loss during the 2008 financial crisis, which motivated him to learn more about personal finance and real estate investing. He transitioned into commercial real estate and eventually launched a successful syndication company, focusing on mobile home parks and apartment complexes.We dive deep into Jeremy's partnership story, highlighting how a chance phone call led to a fruitful collaboration in real estate. He emphasizes the importance of finding the right partners with complementary skills and shared values, which has been crucial to his success.Ultimate Show Notes:00:00:56 - Guest Jeremy Hans' Background00:02:10 - Transition from Navy to Real Estate00:03:07 - Journey into Commercial Syndication00:04:27 - Overcoming Early Financial Losses00:05:46 - Partnership Formation and Learning Experience00:07:27 - The Importance of Complementary Skills in Partnerships00:08:30 - Discussion on Classic Car Restoration Business00:10:23 - Overview of the Classic Car Restoration Process00:12:02 - Pricing and Market for Restored Classic Cars00:13:06 - Preference Between Manufacturing and Real Estate00:14:01 - Current Real Estate Ventures and FocusTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

In this exciting episode of Capital Hacking, we had the pleasure of hosting Scott Bindas, a key figure in Accountable Equity and a pivotal member in the world of real estate investing. Scott shared his journey of becoming the first investor in Renault Winery, which ultimately led him to join forces with Josh and Melanie at Accountable Equity.Scott highlighted the unique aspects of investing with Accountable Equity, emphasizing the multiple revenue streams and perpetual ownership that set their investments apart from traditional real estate deals. He discussed the diverse range of revenue streams, including weddings, hospitality, restaurants, bars, and corporate events, providing investors with a robust and stable investment portfolio.The conversation delved into the expansion plans at Renault Winery, including the development of a luxurious spa in partnership with Exhale, known for its top-notch amenities. Scott also touched upon the Founders Square initiative, where investors have the opportunity to have their names immortalized in bricks at the historic property, showcasing the community aspect of investing with Accountable Equity.Ultimate Shownotes:[00:00:55] Introduction of Scott Bindas and his background[00:03:35] Scott discusses revenue streams and perpetual ownership in investments[00:05:26] Scott talks about the unique aspects of investing in hospitality[00:07:16] Expansion plans and the addition of a spa at Renault Winery[00:09:39] Founders Square and the opportunity for investors to have their names on bricks[00:12:00] John and Christine Edwin's experience at Renault and the excitement of investing with Accountable Equity[00:12:58] Scott invites listeners to learn more about Renault Winery and Accountable EquityTurn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify