Brian is a small business owner and CEO of his current company, GreenPal, a lawn mowing technology company. He has a net worth of 4M, most of which (3M) is invested in single family real estate which cash flows over 150K annually. He also has 300K invested in total stock market funds as well. Brian shares thoughts on growing his business with no debt, allocating money back into his business, and buying and holding real estate.
Gender Male
Age 40’s
Profession Entrepreneur, CEO
Net Worth 4M
Allocation
Non Retirement Accounts 300K
Home Equity 500K
Other Real Estate 3.1M
Age Became Millionaire 29
Household Annual Spending 150K
Range of Annual Income 20-500K
Ned says
I’m impressed with how you have built a business out of nothing and made it the success that it was/is. Congratulations! I do feel like this episode is missing something though, with such a successful business, I would have thought your net worth would have been higher. Did it go into investing in your new business? Don’t get me wrong $4M is amazing and I can only hope to get there someday, I just expected a different net worth.