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193: Net Worth of 4M – Starting and Building Two Small Businesses

July 6, 2021 by Millionaires Unveiled 1 Comment

Millionaires Unveiled
Millionaires Unveiled
193: Net Worth of 4M - Starting and Building Two Small Businesses
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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

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Comments

  1. Ned says

    July 12, 2021 at 11:44 am

    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.

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