Episode 2 : A University that Teaches You How to Become a Millionaire, What!?: Our interview with Millionaire University Podcast

A university that teaches you how to become a millionaire?

What?! Our guest on the show will explain, coming up.

So, you've got some cash. Maybe from an allowance, or that money your grandma gave you for your 7th birthday. Here you go, sweetie. Woohoo! Thanks, Grandma! Whatever it is, what are you going to do with it? Spend it, hide it away, or maybe invest it? Let's start learning how to make that money grow. Time to learn how to be a cash kid.

Welcome back to another episode of the Cash Kid Podcast. I'm so pumped about today's guest on the show. They might have only agreed to come on the show because I'm a kid. And how can you say no to a little kid? But whatever it is, I'll take it. Don't forget, if you aren't already, to follow us on Instagram, YouTube and Facebook.

We love interacting with our audience on these platforms. And [00:01:00] be sure to subscribe to our podcast and leave a review from wherever you're listening. Joining me on the show today is Justin and Taro Williams from the Millionaire University Podcast. Their motto is, graduate rich, not broke. I'm hooked just from that.

Millionaire University believes that anyone can start and grow a successful business. It's your school for wealth creation and on their show they interview experts from numerous industries to help you start and grow a successful business. Mr. and Mrs. Williams, welcome to the show and first off, tell us a little bit about yourself and your business background.

Woohoo! That was horrible, let me do that again. Woohoo! Yeah! That's better. I was like, wow! Man, Cash Kid, we are pumped to be here. I came across your podcast, like Few weeks ago and I couldn't stop listening. I was hooked. I love what you're doing. Uh, yeah, I'm going to have, we're going to have our kids listen to it.

So thank you so much for everything that you're sharing with everyone. First of all, we've learned a lot from listening to you. So thank [00:02:00] you. You're welcome. And thanks for having your podcast for me to listen to.

So go ahead. Perid, do you want to kick it off and share a little more about, about us and our background? Yeah, I'll give you a little bit of our personal background. So Justin and I, we just celebrated our 20th year anniversary. We got three kids. So we have an 18 year old boy, 16 year old daughter, 14 Uh, we live in California, San Diego area, and we have been running businesses together for about 20 years.

20 years! Can you believe that she's been able to handle me for that long? I'm a lucky lady. I have an awesome husband. Oh, I'm blessing. But yeah, we've had some ups and downs. And if you kind of want to share a little bit more of our business background. Yeah. So I've wanted to have a business my entire life.

I just didn't know a whole lot about business, but when I was young, your age, or even younger, I would go to Costco and buy candy and try to sell it. And, um, this is a little, I'm not sure if you're supposed to do this, but my mom would [00:03:00] buy the, like candy bars when we were, you guys today, you just like send out a text and we give you money for your fundraisers at school.

But when I was younger, I would sell like candy bars at grocery stores. So my mom would buy the candy bars. As if we were doing like a fundraiser, we'll go sell the candy bars. And, um, we were doing all kinds of stuff. I would raise lovebirds and animals and hand feed them and sell them. So I was always just trying to figure out how I could make money, but I always want to have a business, but they didn't really know a whole lot about business.

But my parents were in lots of like multi level marketing things, and they never really made a lot of money in those, but I went to like some events and. Some things that kind of got in my head. Um, when I was in high school, I read a book called Rich Dad, Poor Dad. And that really helped me kind of like change the way I thought about about money and business.

So I always knew I wanted to have a business. I always knew I wanted to invest. I always knew I wanted to create wealth and be able to do cool things in my life. [00:04:00] So, um, fast forward, went to college, uh, went to Brigham Young University and had a football scholarship. And that's where I met Tara. And so we met and we ended up getting married and I told her like, I hurt my shoulder and I knew I wasn't going to play football anymore and I knew I wanted to start a business.

And at the time I was selling satellite dishes door to door. And after doing research, I was like, Hey, I think we can make like three times as much money if we start our own business doing this instead of doing it for this other company. So I got paired a quitter job as a third grade teacher. And we went for it.

And we were pumped. We're going to make a million dollars within a year. And what do you think happened within a year? It didn't go as planned. It did not go as planned. At first, it was going pretty well when I was just selling on my own. Yeah, like, yeah, I was making more money because I was getting paid more, but there's a lot of, um, inventory we had to get and stuff.

It [00:05:00] was okay. But then we're like, hey, we're gonna get an office and we're gonna hire, uh, get up, take a partner and hire some managers to help recruit guys that can go sell in the summer. And I was running the numbers and it all looked amazing. So it's like, it's okay for spending money. We're gonna make a ton of money this summer.

But the managers didn't recruit. Our partner slept in till 1130 every day, the bills kept coming. The phone system was way more than we thought. And all this stuff kept happening. So the money kept going out, but not enough was coming in. And then the summer was getting closer and we're like. We're not going to have a program.

We ran up the numbers. We're like, we have 120, 000 of debt. We can't borrow money, putting money on credit cards and a brand new baby. And we had a baby. And so we're like, Oh, shoot. We got it. So we, we left the office, sold all the things that we had bought. I remember about like all this furniture and stuff that we did not need.

And it seemed fun at the time, but we sold the, uh, we, we got, uh, we broke the lease. We, I think we had to [00:06:00] pay a little bit of money. We, and we moved to Bakersfield, California, where we lived in a small room with a bunch of other people, our brothers and people who are working for us. And our son slept in the closet and I would go out every day in the 110 degree heat of Bakersfield and sell satellite dish and just worked so hard.

And I was like, this is not what I envisioned being a business owner. So tell us more about Millionaire University and um, like why did the podcast start? Go ahead, Tara. Well, Millionaire University, so, you know, a little bit more about our background is we, Bought and sold houses and we educated people on how to sell houses and we ran, you know, we had multiple businesses and then there came a point where we sold one of our businesses and we had some good investments and we had a lot of free time on our hands and we traveled, we'd all kinds of different things.

And then we got bored and we were like, what are we going to do? We had retired at a young age. We have all the things we want. We made all the money we want. We have [00:07:00] more money that we're making passively each month than we spend. We did it. So we went through those hard things and then we had financial success, but then we were bored like human beings.

We need to progress. We have something inside of us just wants to grow and we want to go and we want to do things. And so there came a point where we were kind of bored. And as you can tell, Justin is a natural born entrepreneur. Like he just loves it. I am not a natural born entrepreneur, but I'm a hard worker.

And so I had to learn it on my own and obviously with Justin's help and just with life experience, but I'm smart and I can do lots of different things and I have a good eye for things. And so he and I have been a good team, but he just has this passion in him to teach people about business. And we wanted to create something that our kids could listen to and that would really help them.

And that would help other people save on some of the mistakes that we made to give them lots of information, education, really valuable episodes that give them a ton of ideas and tips so that they could also start a business and have more freedom because [00:08:00] it has created a great life for us. We've done lots of really cool things and it's caused us to grow a lot.

And so Millionaire University is the resource we wanted when we started a business. So it's kind of like you've mentioned cash kid. I know, um, you're a big believer in, like, education is important, but you also feel like it could be improved, right? Teach a lot about money, how to make money, how to start a business.

And so I was just so confused. And as our kids are getting older and getting ready. To for that age where are they going to go into college? Are they going to start a career? What, like, what are they going to do? They want to start a business, but we're like, there needs to be a resource. Like too bad.

College or school doesn't teach you more about starting a business. And so we were like, I kept complaining about it. And one day, like we're bored, we're not doing a whole lot. And we're like, why don't we do that? That's what entrepreneurs do. That's what business owners do. They think they see a problem and they're like, well, I'm going to go.

Solve that problem, come with a solution for it. [00:09:00] So that's what Millionaire University is, is kind of a, the solution to, to that, that problem that, that we felt like was out there. So, yeah, I totally agree. Our, our podcast is to help the solution of like, not as much financial literacy in schools. We want to help give that to kids who really aren't given the chance to learn much.

Like my entire six track year this year, we had five minutes. In the first section of our social studies class to do a stock market game while we're going through the great depression in our social studies. That was the one time that we had it and it was for a nine week period. It was the first five minutes one time on Monday.

So really we had 45 minutes of financial education the entire school year. And so it's really not enough because by the time you get out and into the real world, you're going to have taxes and stuff. And no one's ever taught you how to do that. So. That's kind of the mission here. I love it. Amen. Yeah. So, [00:10:00] uh, tell us about some experiences you've had running your own business, the ups and downs and all the failures that got you to where you are today.

There's been a lot. How long is this podcast? We've had many ups and downs, many successes, um, and many failures. But that's what's amazing about running a business is, you know, you go to school and you show up, like you said, and, and the teachers and we're grateful for school, you know, teaches you habits and how to make deadlines, how to be organized, how to be social.

There's so many good things. And that's a really important phase of life to learn those things. But then there comes a time where certain individuals decide they want to start their own business. And you don't have anybody who wakes up in the morning and says, get up, do this. This is how you make money today.

Nobody's telling you that. So who has to tell you that just you, you're your own boss. And so you go from people saying, turn this assignment in exactly this day to this time to, and you're just, you're just doing [00:11:00] what everybody tells you to do to where all of a sudden you're your own boss. And there's.

It's epic that your own boss and it's also really scary sometimes because you're like, what do I do? How do I handle this? And so we've had to learn to be our own bosses, how to handle problems that come our way because that's what business owners do. They solve problems every single day and how to solve problems and also be able to make money and take care of our family.

And so it's been a journey. I think it's kind of interesting. If you look at college and the education system, people will spend Thousands, tens of thousands of dollars to go to this place for four to eight years to have someone else tell them what to do, where to go and all these things. And it's like, if you can take that same.

Thought process, but apply it to business because what happens with business is when things don't go perfectly. A lot of times people like, Oh, I fell like, cause I didn't make a ton of money right away. It didn't work out. But if you can have the thought process of I'm doing things that I believe will lead me towards [00:12:00] creating a financial wealth and financial freedom, but if it doesn't go perfectly, then you look at it as, Oh, I'm learning, this is an education.

And you won't look at it as a failure because no one finishes college after four years, even though they didn't make money and they spent money and end up in debt. And they're like, I failed, you know, they know, like, no, like I accomplished something. So I think if we can shift our mindset when we're starting a business and growing a business and know that there are going to be struggles and failures along the way, but that's just a part of the process.

Um, Who was it? Who? It took like a thousand times to Benjamin Benjamin Franklin. Yeah, maybe I should go back to school, um, to, to discover electricity anyway, but it wasn't like he failed. He was just figuring out ways that it didn't work. Cause then he would know the way that it did work. And that's really all like a business is, is you, you take action on things and there's certain businesses you can start.

They are like service businesses [00:13:00] that you can start making money tomorrow. And then there are other businesses like, um, creating a platform, like a podcast or a blog or like creating an audience that are going to take a lot longer, like you're not going to make money instantly. But you've got to look at it as more like, do you enjoy it?

Are you learning? Are you growing? And then more for the longterm. Right. So I think there's just different ways to look at your business, depending on what you're doing. And, but just know that struggles and failure are going to be a part of it. So that when those happen, we always tell our team, like we get paid to solve problems.

So when problems come, you literally should be like, yes, it's a problem, you know, instead of, cause if we get down and we're like, oh, this is so hard, then it's easy to quit and give up. And then you won't ever achieve your dreams. So, yeah. Uh, that reminds me when you go into the failures, my, uh, math teacher in her room, she had up a poster and it said, I haven't failed.

I've just made 10, 000 [00:14:00] mistakes. Yeah. I learned 10, 000 ways. How to not do it. Right. So, yeah. Yeah. And to give you some, you know, specifics of mistakes we've made. I mean, we've hired people and trusted them way too much. We didn't really like pay attention to them or keep track of them. We were just like, okay, you do this.

And we didn't want to want to hear about it. We've gotten really good at being more accountable with our people, keeping, you know, stats, uh, researching different things, making sure we're staying on top of managing people. Uh, we've gotten smarter at how we spend our money. You know, what numbers are we getting back?

We've gotten better at creating contracts and how we work with people. Negotiations. We're way better at looking and finding good people, better opportunities, better situations. But we've made mistakes with people, with money, with investments, all kinds of different things. We wouldn't know any of that if we didn't take action.

And every mistake we've been, that we've done. If we stick with it and overcome it, we get way smarter and way better. And so the weird thing is, is like, we might have a hard experience or we might lose [00:15:00] some money, but we ended up making a lot more money because we learned from it and we didn't just give up.

So that's really huge. I totally agree with that. So what financial education were you taught or exposed to growing up or maybe not exposed to that you wish you were? I mean, I went to school and then I went to college. I always knew I wanted to go to college, put myself through school. I had a paper out when I was 11, babysat when I was like nine.

So I've always worked, worked hard, put myself through college, figured out college, got scholarships, played sports, did all kinds of different things. But I was more like, okay, you do this and this. I didn't know really anything about the entrepreneurial world. And so I was a third grade teacher. And I was working really, really hard and that was a great job, but I was getting paid like nothing.

I couldn't even support my own self almost. And so when Justin came into my world and he had this natural born entrepreneurial way of looking at the world and he said like, let's make a million dollars in our first summer. I was like, yeah, let's do it. So we didn't have a ton of experience growing up and he talked about some of the experiences that he had, but he and I just kind of have figured out [00:16:00] things together.

But it would have been amazing to get a lot more help and resources like there are today. Like there's so much cool information out there. It's wild. It's a good thing. She didn't see into that first year and we had 120, 000 of debt. She might not have married me. You know, I don't know. So do you feel like financial education is needed in our schools?

And if so, what type of it do you think is needed? Oh, my goodness. Yes. It's like an understatement of the century. I mean, people don't even know how to balance their checkbooks, how to save money, you know, how to run numbers, how to have investments. I mean, it's crazy. Yeah, I think there was a study done, like, even like, I don't know if it's two thirds or higher.

Um, of adults can't even pass a basic financial, like literacy test. Like very, very basic. It's just something that isn't taught. And not only do I think it should be taught, I think it should be the main thing that is taught. It's like everything else is [00:17:00] like around that. It's like, maybe we learn a few minutes of, I don't want to pick any specific subject, because then someone might get upset.

But I think financial literacy, I mean, it's not. I remember like pretty much being done, you know, I was done with college and leaving and just being like, I, I didn't really learn a whole lot, like my whole goal now I'm gonna go make money and take care of a family. And I don't know how to do that really other than just.

But if I would have had the opportunity to start when I was younger and been investing and learned about money and being able to maybe even start a business like many years before, we would have avoided a lot of stress. And I think like marriages would be better. Families would be happier. Um, I just think it's so needed.

The education system has stayed pretty similar. It's evolved a little bit. For so long for so many decades and it just really means a major overhaul, I think Yeah, that reminds [00:18:00] me of uh, like funny thing that happened in school one time So we were gonna go outside for recess and um, it was raining So we had to do indoor recess and all my friends they were off playing Like, uh, board games and they were like playing with the deck of cards and I go up to my teacher and I ask, uh, can I check my stocks?

And she goes I have never taught anything about stocks. I've never had a kid ask me about stocks She texted my mom about what had happened because she was just amazed that like I had under And I had learned that and so I thought that was just really a funny like story that had happened Uh in school like just how surprised the teacher was that I even knew about it because She may not have even known about it.

Gosh kid. I got a question for you. Is that allowed? Yeah I know this is your interview. I don't know if I can uh, flip the script, but sure I was Talking to my daughter yesterday. She's 14 And she just, she's, she's been babysitting 16. Oh, she's 16. [00:19:00] That would be our son. She used to be 14. Okay. I feel like she's still my little girl.

She's okay. She's growing up. She's 16 and she's babysat in the past, but now she's got like a more regular babysitting job where she'll be babysitting two, three times a week. She's getting paid a little more money. So she's very interested in investing. And I haven't done a ton of stock investing. We've done more like in real estate and stuff like that.

But I was telling her, I was like, you should probably just put a bunch of money, like in stocks and, but she was also asking like, well, how much money can I make if I put in stocks? Like, what would your advice be to a, a kid, whether it's like anyone from the age of 10 to 18 or whatever? Yeah, who's making money?

Like what percentage would they put in? Like how much money do you think they can make from that? Like, what would you tell her like where to put that? Okay. So, um, I, so when you said 10 to 18, I bought my first sock at 10. I [00:20:00] got my brother. So we invest in an app called green light that allows kids to have like their own debit card.

And so, my brother, I, like, taught him about it when he was 8, I just told him, like, a couple of stocks, and so he invested when he was, like, 8, or 9, and so, um, I kind of feel like, at the beginning, you're interested in stocks, I go for big, like, blue chip companies, like, not anything risky, nothing below 5, like, so, I remember, my first stock was Amazon, then I moved on to Apple, Google, OnCloud, then, you.

Then I now have a love hate relationship with Tesla.

Um, that's kind of been like my up down moment. We recently got a Tesla, so we're supporting. We're trying to help you. We're trying to help you out. Um, uh, let's see, but like, if you're ever, if your stocks are ever down, don't feel the need to sell. Um, you, as long as you know that it's a good company, [00:21:00] uh, Like keep that invested in it because you know that it's going to end up rebounding.

Um, but also if it is just losing you a ton of money and like there's news about it that's bad, you don't need to be afraid to take a loss. I've sold a loss but always try to get like a, like a profit to offset it or at least not make the loss as bad. Um, the stock market normally compounds around like eight percent each year and then of course you have recessions every eight to 12 years.

So I mean, I did a report in school and if you investing earlier, 10 years earlier than the normal age, you can make just in a 20 to 30 year span, an extra 134, 000 just by investing a hundred every month into, uh, the S and P. And so that study was like shown. Check the research too and it's really proven so Say I started at 10 years and then the next person started at 20 years old.

Um, [00:22:00] the 10 year old person would make 134 thousand dollars more than the 20 year old In just a 30 year span he invested for 30 years the 20 year old invested for 20 But he makes that much more the 20 year old makes like 74,000 ish if it compounds at like 8% each year. So just investing early has a huge factor to give you a head start in life.

And that's just a hundred dollars a month you said, right? Wow. Yeah, just hundred. That's amazing. Yeah, let's do that. Okay. I'm gonna let my daughter know 'cause she's gonna try to invest like a thousand a month, I think, or four or 500 months. Yeah. First anyway, . Yeah. Okay. Well, that was amazing. Thanks so much for coming on your show today.

All right, we can get back on track. Okay. Yeah. Um, do you feel, uh, my generation could be the largest group ever to reach millionaire status? Better, they're better by the time you're our, our our age. If you don't have, if you're not a millionaire, then you're probably [00:23:00] gonna struggle to pay your bills.

Mm-Hmm. 'cause of, I mean, inflation and everything, but I mean, you had some good answers for this. I mean, you guys have more information than anybody has. I mean, look at you, you are extremely intelligent. I'm like, wow, if I was this smart at his age and look at all the things that you're doing, like there's so much out there, so much information, good looking, I know, right?

Our daughter was a little younger, but, but we were talking about this. You guys have so much opportunity and so do we, I mean, we have it just as much as you guys do. And I would say the hardest thing with any human being, no matter what generation you're born in. is work ethic and distraction and distraction.

And so, you know, this generation, we are, we can get things quick, that quick instant gratification. And when you have a business, it's more of a long game. Like you got to be patient and it will, it throws curve balls at you and people aren't telling you exactly what to do. And so can kids and this generation [00:24:00] be millionaires for sure.

But will they face themselves, develop the work ethic, develop some patience and put themselves out there? Step out of the box a little bit. Habits to avoid the distraction. Like sometimes our kids are like, Hey, get off your phone. Yeah. You know, like, I mean, you could waste a whole day on your phone or social media today.

Someone listening today could go invest a hundred dollars in SMP and in 10 years, their peers will have maybe nothing in their bank account. And this person will have all these investments that are building. And so if you're willing to learn and work hard, heck yeah, you can. Absolutely. Yeah. You got all the information right at your fingertips.

All right. Let's talk business. Our next season on the cash code podcast is going to be focused on ways kids and teens can use their skills to earn money. What opportunities do you feel there are for the next generation in starting and running their own business? So many. So many opportunities. Here's the thing, [00:25:00] so our kids right now, we're having them all get jobs, just regular jobs.

because it's easy to talk about having an idea, but to actually get out there and do it and do the hard work to sell something can be challenging. And sometimes kids don't have the work ethic, like they've never had a job. And for some people that works, they're just going to go, they're just going to go after it.

And that totally works fine. But if you've never had a job and starting a business seems really overwhelming, you know, go work at Chick fil A or get a paper route, go do some babysitting. Develop a little bit of work ethic and then build off of that because the opportunities are there, but whether or not you take them and do something with them is up to you, really.

Yeah. But as far as opportunities, like we always say, there's a million ways to make a million dollars. It's just a matter of picking one and kind of going down that path and then learning as you go and then adapting. It's all about. Taking action because you never know what one thing is going to lead to like you're never going to end up doing the exact thing that you thought you were starting out to do.

But I mean, there are so many like service based businesses, whether [00:26:00] it's like mowing, mowing lawns or doing. Yard work, um, cleaning out gutters. Maybe not if you're too young, you don't want to fall, but washing cars, walking dogs, pet sitting, cleaning up dog poop. I used to shovel like horse manure when I was, when I was younger.

And then you have like the online, like if you can learn anything about digital marketing, uh, those are all huge, uh, skills and assets. We're always telling our kids, learn skills, whether you're learning skills or things that you're really good at and passionate about, you can always turn those things into a business.

Um, our son, our 18 year old son, he's learned how to fix iPhones. So he will get people's iPhones. He'll fix them and he can make a hundred dollars an hour doing that. Now his goal is just to market enough to where he gets a bunch of people and then he can hire other people and pay them 20 an hour to help him.

And then he's essentially making, [00:27:00] you know, maybe not quite 80 an hour on every hour they work because he has marketing costs and stuff like that, but he could then be making 30 an hour for every hour that other people are working for him. So at first it's all about making money whether it's a job or doing a service based business on your own And then the goal is to use leverage which is either Other people which is money Or other people so that you can scale and grow and so that you can make more money than a normal person would be able to make on their own, just working by themselves.

So I know I kind of threw a lot out there or another leverage point is if you have like a media platform, like a podcast or something like that, you can grow an audience and then you can either. sell sponsorships or, or courses or programs or, or things like that. So lots of opportunity. All right. Um, how are you teaching your own children about running a business and their potential to be entrepreneurs themselves?

I mean, some of the things that we're doing are very [00:28:00] basic because running a business is. You have to have habits. You got to go to bed at a good time. You know, you can't be addicted to your phone. That's a hard one with our kids. We're like, get off your phone and focus, focus, distraction. That's a really big one.

Can you stay organized? Can you have a deadline and follow it? So a lot of the things that we work with our kids are, okay, you have this awesome idea. Like you want to get this 3d printer and you want to print really cool things. Our 14 year old was just barely talking about this before we left. And it's like, okay, do you know how to communicate and talk to people?

And so it's, those habits are really, really huge of, do I believe in myself? Can I do what I say I'm going to do? Not just talk about the idea, but actually do the hard work. And then can I follow up and have accountability? And can I hold my own self accountable? We do a lot of that. We are constantly talking to our kids about money and entrepreneurship.

Anytime we go on a trip, like a plane or somewhere, they have to do, instead of just playing games, they have to spend [00:29:00] half of the time Listening to podcasts or business books or self development, and then they can spend the other half of the time, like watching a movie or playing other games or stuff like that.

And I think just getting that stuff in their head. I'm talking to them all the time about it. We do a lot of just kind of general life coaching too because it takes some confidence You know, you have to have some confidence to hop on this podcast and be the cash kid I mean and then you're learning and so we talk to our kids a lot about Have a voice.

You know, when you're in a room, look at people in the eye and say, hello, you know, do you feel comfortable being around other people? Can you stand on your own? There's a lot of mental health that we talk about too, so that they feel strong and confident and have those habits. So they're like, okay, I can do this.

Let's go. So we do a lot of that as well. I mentioned this already, but the more skills you have, the more likely you are, the more successful you're going to be at starting a business. It's like our son. Um, another thing he's starting to learn is how to code [00:30:00] now. I don't know in 10 years, like what he's learning right now with AI may not maybe obsolete, but as he learns how to code, he's going to learn some basic things that he can then go out and get paid to do that for other people, or he can do it in his own business.

Or what I keep telling him, he's like, Oh, what if AI? I'm like, then learn how to use AI to code, you know, like, keep learning, stay on the cutting edge of what's going on. You just keep growing and adjusting and pivoting. And if anything else, like Tara mentioned, he's learning how to be focused and how to learn a skill and how to apply that skill.

And then he can learn other skills from that skill, like apps that he wants to create and different cool things that he wants to do sometimes just getting your brain going on all the different ideas and then taking action on those. That's a skill in and of itself. And sometimes too, it's really good.

It's like play a sport where you develop this grit. Like when I was 14 years old, I started running on my own. Nobody told me to do it. I just wanted to be able to run. So I'd run [00:31:00] like a quarter of a mile and I'd stop. And then I'd be able to do a half a mile. And over a whole summer, I was able to run two miles by myself.

And that created so much mental strength in me because it was so hard. I was, I was overweight. My body wasn't healthy, but I really enjoyed sports and that made me so strong. And then when I was able to do that, I was like, you know, well, maybe I could do this. Maybe I could get myself into college. And I did.

I did. And then when Justin came and was like, Hey, we could do this business. I felt pretty strong. And I was like, I could do this too. And I'd had jobs over the years. I'd done a paper out when I was young. And so it's just starting kind of where you're at and pushing yourself outside your comfort zone and going, what job is a little uncomfortable for me, but when I can do, and then just keep building from there, keep replacing what you're doing with something even better, the fits where you want to go.

Yeah. If you become good at sitting, you know, watching dogs or walking dogs. Over time, you might be able to start a dog walking business, or you might see, oh, these dogs need better, like, leashes or collars, and then you [00:32:00] can start an e commerce business selling those things, like, but then you gotta learn about e commerce, right?

And then you learn skills around there, you learn marketing skills, like, now I know this marketing skill, and I can turn that into an agency, like, All these things just build on each other. It's about taking action and keep adapting as you go. Yeah, well said. So, your episodes are so jam packed with information.

What are our future plans for the show? To take over the world. Just kidding. Don't listen to her. I'm just kidding. I'm just kidding. Go ahead. Well, the first year, the goal was really to focus on the podcast and grow the podcast. We were also traveling the world. So it's so cool because we're in these other countries and then we're also growing this podcast.

And so that's been the goal of the first year. And then the second year is to monetize the podcast, to be able to, for every dollar we spend, you know, get 50 cents back and then a dollar and then 2. And so the goal currently is. To make money on what we're spending to grow the podcast. And then [00:33:00] what's after that?

So we want to keep growing the podcast. We want to keep growing other platforms like social media, social media, our email list, um, uh, our, our website, like get better content, more content, our website, and then we want to launch a program, which will probably happen next year. Um, and then eventually like kind of like a, the end goal, there's never the end, but.

One of the main goals is this probably won't be several years down until several years down the road, but we would love to have like an actual physical campus called Millionaire University, where amazing people come just like you would to college. But instead of just learning more about history or science or different things, you're there to grow a business to invest money like that's, that's the main thing that you learn about.

And the whole concept is you graduate rich, not broke. Like you graduate. Where you're financially free, you're well off, you've made good money, you're making good money. [00:34:00] And you can take those skills and, throughout your life, so. To close out, is there anything that we haven't asked you that you would like to share with our audience?

All I would say is like, action leads to information. So if you're unsure what you should do, that's okay. A lot of people like overthink it. Just start taking action. You don't have to do things that would cost like a bunch of money to do. Just get out there and try to figure out how you can make money.

And then the more you do, the more you're going to learn. And then you can adjust as you go. And ultimately like anyone who just focuses on that, they're going to end up. Well, really financially free and happy and develop a lot in their life. And. Yep. Yeah. And just remember everything you want is a little uncomfortable.

I imagine when you did your first podcast, it was probably pretty uncomfortable. Start where you're at. Do something uncomfortable. You know, physically push yourself, find a passion project, push yourself into that and just start doing cool things because they build [00:35:00] and the truth is like making money is, is cool.

But, and we need money to, to survive, to pay our bills, to do fun things. It's an exchange of value, but what's so cool about working towards making money and working towards creating that value is it forces us to go through a lot of challenges, a lot of obstacles, a lot of problems that we're solving. And we've come to find that even more power, even better than the money is the person that you become by going through that journey, through that experience.

You know, whenever you go watch a movie, it's like the person like has this goal of this thing they want to accomplish. They call it the hero's journey. And what happens is they get ahead of set out on this journey and the end goal never ends up being what they thought it was, but the end goal helps them become the person that they needed to become.

And that's even more powerful. And that's how we're touched. And that's how we are as human beings. That's what we resonate with. So I congratulate you on this, this journey, you're facing a lot of hard things that a lot of people wouldn't do just because it's [00:36:00] like in the mind, our mind will be like, Oh, this is hard.

I can't do this. I'm too young. And you're just going for it. So I think that's. That's amazing. Not only are you going to be rich, but even more importantly, like the character that you're going to develop along the way and the person you're going to become. All the people you help. Yeah. It's just really cool.

Mr. Mrs. Williams. We appreciate your time and your expertise. You can listen into the millionaire podcast on any podcasting platform and check them out at millionaire university. com. Also be sure to check out their free business training on their website. Thank you for joining us on the cash good podcast and boosting the knowledge of fellow cash kids everywhere.

Remember. Anyone can be a cash kid, you just have to learn how to become one. Cash Kid, out.

The information presented represents the views and opinions of the guest. This podcast does not intend to provide personal investment advice. This content has been made for informational and educational purposes only. To make a [00:37:00] full and informed investment decision, we advise you to speak with a financial advisor, and for kids, definitely your parents first before investing.