E314: Wedding Business Deep Dive with Shane McMurray of Wedding Report

In this episode of Capital Hacking, we had the privilege of interviewing the incredible Colin O'Brady, a professional endurance athlete with 10 world records under his belt. Colin shared his inspiring journey, from solo expeditions across Antarctica to rowing the treacherous Drake Passage. He also discussed his latest book, "The 12-Hour Walk," which has sparked a global movement encouraging individuals to invest in themselves by spending a day in solitude.Colin revealed his upcoming challenge of attempting the Race Across America with his childhood best friend, Lucas, aiming to set a world record for the fastest completion as a pairs team. The episode highlighted the importance of teamwork, camaraderie, and shared experiences in achieving extraordinary feats. Listeners were encouraged to connect with Colin on his website and social media to follow his upcoming world record attempt and learn more about his incredible adventures.Ultimate Show notes:[00:05:30]  Overcoming Fear of Failure[00:12:10]  The 12-Hour Walk[00:18:27]  Preparation for the Race Across America[00:25:48]  Excitement for the 11th World Record[00:31:18]  Future Plans and ConclusionTurn 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. LinkedinFacebookApple Podcast

In this episode of Capital Hacking, we had the pleasure of interviewing Tim Winter, the owner of Paradigm Homes and Home Lux Architecture. Tim shared his journey from growing up in a steel town in Pennsylvania to becoming a successful entrepreneur in the construction industry. He discussed how his father's influence and early exposure to real estate shaped his work ethic and passion for giving back.Tim and his wife have a charitable arm to their business, where they have built over 60 homes in the Dominican Republic, Kenya, and other countries for those in need. The podcast delved into the logistics of their charitable work, including partnering with local communities and churches to select candidates and build homes.Ultimate Show notes:[00:04:24] Growing Up in Pittsburgh[00:10:08] Starting in Home Building[00:13:55] Charitable Initiatives[00:17:29] Logistics of Building Abroad[00:23:17] Home Lux Architecture[00:25:16] Paradigm Homes ClienteleTurn 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. LinkedinFacebookApple Podcast

In this episode of Capital Hacking, we had the pleasure of interviewing Dave Kiernan, a successful entrepreneur with a background in mechanical engineering and experience in the laundromat business. Dave shared his journey from playing ice hockey in Canada to becoming a top executive in a company that manufactures vehicle components for the military. Despite his successful career, Dave ventured into the laundromat business, which he found to be a lucrative opportunity.Dave's humble and detail-oriented approach to managing his laundromats was evident throughout the conversation. He discussed the challenges and opportunities in the laundromat industry, highlighting the importance of infrastructure, equipment, and operational efficiency. Dave also shared insights into the financial aspects of running a laundromat, including profit margins and operational costs.Ultimate Show Notes:[00:04:31] Dave Kiernan's Background and Early Life [00:06:29] Transition to the U.S. and Career Development[00:10:33] Challenges Faced in Early Career[00:10:46] Introduction to John and Involvement in Gym Business[00:12:07] Transition to Real Estate and Flipping Houses[00:15:10] Venturing into Custom Automotive Shop[00:16:42] Diversification into Laundromat Business[00:17:24] Expansion and Challenges in Laundromat Business[00:18:18] Discussion on Financing and Growth StrategiesTurn 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. LinkedinFacebookApple Podcast

In this episode of Capital Hacking, we had the pleasure of interviewing Mike Kenefic, an experienced sales professional in the roofing industry. Mike shared valuable insights into the world of sales, emphasizing the importance of communication, value creation, and relationship-building in sales. He discussed the traits of successful salespeople, the difference between inside and outside sales, and the sales process in his industry.Mike highlighted the significance of likability, trustworthiness, and the desire to make money in sales. He also stressed the importance of providing value upfront, building relationships, and following up diligently with clients. Additionally, he shared his approach to compensating salespeople, focusing on leading indicators and long-term success.Ultimate Shownotes:[00:00:42] Introduction of Mike Kenefic and Discussion on Communication and Sales[00:05:21] Discussion on Sales Techniques and Value Creation[00:09:34] Traits of a Great Salesperson[00:13:52] Importance of Follow-Up and Thank You Notes[00:17:37] Difference Between Inside and Outside Sales[00:22:47] Sales Process and Timeframes[00:26:20] Creating Value in Sales[00:29:44] Recruiting Salespeople and Compensation Structure[00:33:19] Winning Over Business in SalesTurn 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. LinkedinFacebookApple Podcast

In this episode of Capital Hacking, we had the pleasure of interviewing Mike DeHaan, a real estate wholesaler and deal sourcer who has mastered the art of finding off-market deals with motivated sellers. Mike shared his journey from quitting his corporate job to driving for Uber and eventually finding success in real estate. He emphasized the importance of consistency in marketing and sales, highlighting the effectiveness of direct mail campaigns and targeted outreach.Mike's approach to real estate investing focuses on creating massive income rather than just passive income, as showcased in his podcast, Collecting Keys. Through his community, Scale, Mike helps others learn how to make real money in real estate investing. His success in scaling his business and expanding into multiple markets serves as a testament to the power of systems and consistent effort in the real estate industry.Ultimate Show Notes:[00:01:08] Mike's Journey to Real Estate [00:01:30] Transition to Off-Market Deals [00:03:55] Mike's Background and Decision to Quit Corporate Job  [00:10:40] Transition to Real Estate[00:12:04] Value Add Strategy in Real Estate  [00:19:15] Building a Sales and Marketing System[00:31:36] Scaling the Business and Expansion[00:34:03] Connecting with Mike and Collecting Keys Podcast 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. LinkedinFacebookApple Podcast

In this episode of Capital Hacking, we had the pleasure of interviewing Mark Schwaiger, a successful entrepreneur and the co-founder of Infinity HR. Mark shared his journey from selling vacuum cleaners door-to-door to building a thriving business with 45 streams of income.His innovative approach to business development, including vertical integration and strategic partnerships, was truly inspiring. Mark emphasized the importance of mentorship and building a strong company culture, highlighting the value of rewarding top performers and fostering a supportive environment. His commitment to adding value at every level, from sales to employee benefits, showcased his entrepreneurial spirit and dedication to success. Mark's story serves as a testament to the power of perseverance, strategic thinking, and collaboration in building a thriving business empire. Tune in to this episode to learn valuable insights on maximizing incentives, creating passive income streams, and transforming challenges into opportunities.Ultimate Shownotes:[01:54] Mark's Background and College Experience[03:05] Entrepreneurial Journey[03:59] Transition to Payroll and Starting Infinity HR[04:45] Building Passive Income Streams[07:23] Mark's Experience in Sales and Mentorship[11:13] Brooke's Involvement in the Family Business[22:01] Overview of Infinity HR's Services[27:53] Building Multiple Streams of Income[30:33] Vertical Integration and Business Development StrategyTurn 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. LinkedinFacebookApple Podcast

In this episode of Capital Hacking, we had the pleasure of hosting Litan Yahav, the CEO of Vyzer, who shared his journey from founding a startup in the diamond industry to creating a software solution for managing investments. Litan discussed the importance of private investing and the advantages of illiquid assets in making sound financial decisions. He highlighted the need for a virtual family office like Vyzer to streamline the tracking of investments, automate processes, and provide insights into financial decisions. With over 5,000 users and tracking $4 billion in assets, Vyzer has become a valuable tool for passive investors looking to optimize their financial portfolios. Litan's insights on private equity, risk-reward analysis, and the role of technology in managing investments provided valuable takeaways for the audience.Ultimate Shownotes:Introduction to Litan's Background: 00:04:17Starting a Company in the Diamond Industry: 00:06:19Selling the 3D Diamond Imaging Company: 00:14:56Private Investing and Private Equity: 00:23:48Introduction to Vyzer and Passive Investing: 00:35:43Vyzer's Functionality and Security Measures: 00:39:57Turn 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. LinkedinFacebookApple Podcast

In this episode, we had the pleasure of interviewing Phil Bosia, a former U.S. Marshal turned real estate investor. Phil shared his journey from law enforcement to real estate investing, highlighting how reading "Rich Dad Poor Dad" and listening to podcasts were pivotal in his success. He delved into the concept of triple net leases, explaining how they offer a passive investment opportunity with stable returns.Phil's story exemplifies the power of mindset shifts and continuous learning in building wealth. He emphasized the importance of working to learn rather than just to earn, a principle he applied when offering to work for free for Joel Owens, a real estate investor. Through this wealth internship, Phil gained valuable experience and insights that propelled his real estate journey.Ultimate Show notes:Phil's Background in Law Enforcement: 00:02:51Introduction to Triple Net Lease: 00:07:40Explanation of Triple Net Lease: 00:09:03Comparison of Triple Net Lease to Residential Lease: 00:10:03Phil's Real Estate Investment Journey: 00:13:52 Financial Details of Real Estate Transactions: 00:18:01Discussion on Cap Rate Compression: 00:21:50Factors Influencing Real Estate Investments: 00:22:15Wealth Internship with Joel Owens: 00:30:20Turn 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. LinkedinFacebookApple Podcast

In this episode, the guest, Andrew Cushman, shares his journey from chemical engineering to successful real estate investing. With a focus on creative financing and multifamily investments, Andrew provides valuable insights and practical advice. He discusses the current market trends, emphasizing the importance of understanding cap rates and the impact of interest rate changes. Andrew's expertise shines through as he navigates complex topics with clarity and confidence. Andrew's optimistic outlook and practical tips make this episode a must-listen for aspiring real estate investors.Ultimate Shownote:00:02:35 - Andrew Cushman's Entrepreneurial Journey00:05:30 - Transition to Multifamily Investments00:08:11 - First Syndication Deal Experience00:10:34 - Discussion on Creative Financing00:16:22 - Nuances of Creative Financing Structures00:18:24 - Transition to Multifamily Market Analysis00:21:51 - Overview of Current Multifamily Market Trends00:25:18 - Impact of Capital Demand on Market Dynamics00:29:07 - Discussion on Cap Rates and Market Conditions00:34:17 - Brokers' Role in Market Pricing Dynamics00:39:37 - Insights on Florida Real Estate Investments00:42:57 - Speculation on Federal Reserve Rate CutsTurn 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. LinkedinFacebookApple Podcast

Welcome back to the big show! Today, We had the pleasure of chatting with Shane McMurray, the owner of The Wedding Report, a renowned resource for business planning and research in the wedding market. Shane's expertise and insights shed light on the powerful impact of the wedding industry on local economies and operations.Throughout our conversation, Shane shared his 20 years of experience in collecting and analyzing data related to weddings. We delved into trends in the industry, such as the shifting dynamics of who pays for weddings and the changing preferences of different generations. Shane's deep knowledge and passion for understanding the economics of weddings provided valuable insights for businesses in the industry.We also discussed the future of the wedding industry, considering factors like generational shifts and changing family structures. Shane's perspective on the evolving nature of weddings and the diverse ways people celebrate their special day was both enlightening and thought-provoking.Tune in to gain valuable insights and a fresh perspective on the wedding industry!Ultimate Shownotes:00:03:28 - Shane McMurray's Background and Expertise00:07:46 - The Inception of The Wedding Report Business00:11:46 - Evolution of the Wedding Industry Trends00:14:17 - Impact of COVID-19 on Wedding Costs00:20:19 - Data Collection and Analysis Process00:23:45 - Custom Research Services Offered00:29:04 - Venue Utilization and Market Analysis00:33:17 - Automation and Data Management00:35:00 - Future Plans and Economic Impact Studies00:37:18 - Coaching Businesses and Market Insights00:44:47 - Insights on Market Shifts and Generational Trends00:48:48 - Value of Ceremonious Weddings and Family ConnectionsTurn 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. LinkedinFacebookApple Podcast