Have you bought into the lie that to become wealthy you have to be born rich, given a handsome inheritance, or maybe win the lottery? In this episode, investor Mike Ayala proves that all you need is a decent amount of grit and the right team.
Mike Ayala, the host of the Investing for Freedom Podcast, is proof that you can start anywhere and make it big. From humble beginnings as an overworked plumber, he started his own construction company at 24 and has since been involved with more than 2,000 projects valuing upwards of $1 billion. He now has over 22 years of experience helping people find freedom by building teams and streamlining operations.
He is also the CEO of Velocity Venture Partners, which offers investment opportunities for busy entrepreneurs.
In this episode, we discuss:
Why you need a team to help you build wealth.
Who to include in your team.
How to use passive income and the hidden money in the tax code to grow your wealth.
Accrual vs cash accounting methods.
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