YOUR DAILY REAL ESTATE INVESTMENT SHOW
May 10, 2022

Focus Your Thinking and Use Your Energy to Become a Serial Entrepreneur that Unlocks Wealth and Makes You Think Differently With Mike McCarthy

Focus Your Thinking and Use Your Energy to Become a Serial Entrepreneur that Unlocks Wealth and Makes You Think Differently With Mike McCarthy

In this episode, we talk with Mike McCarthy, a husband, a father, and a serial entrepreneur. Over the past two decades, he is grateful to have played a major role in the growth and expansion of Keller Williams to become the #1 Real Estate Company in...


In this episode, we talk with Mike McCarthy, a husband, a father, and a serial entrepreneur. Over the past two decades, he is grateful to have played a major role in the growth and expansion of Keller Williams to become the #1 Real Estate Company in the world. As the Regional Operating Partner for the Greater Pennsylvania Region, he is proud to lead 11,000+ real estate agents in over 50 locations closing Over 25 Billion in Real Estate Sales in 2021.

Mike is also the co-founder of the GoBundance Mastermind, Co-Author of The Tribe of Millionaires, The Miracle Morning for Parents and Families, the accompanying Family Playbook, and a Group Facilitator and Motivational Speaker.

He is passionate about sharing wisdom that helps entrepreneurial families increase collaboration and connection, co-create shared values and goals, and form rituals and traditions that help them thrive together.

Mike hopes to make a lasting impact and unleash the extraordinary potential within people, especially families. He is driven by his generous heart and is deeply committed to helping his family, partners, and team members shine.

Mike talks with us about how to approach building your business for success and the importance of building a legacy that's meaningful for your family.
He also discusses how to be a great leader for your family as an entrepreneur and the importance of the work-life family balance.

Mike also talks about why he hired someone to vet his deals and how it helped him be a more responsible investor.

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I learned at a young age that people do not really care about you. They only care about what you can do for them. Then I thought, how could I leverage that into helping me build a career. So I said early on when I started selling real estate that I wanted to be where everyone came for information, and I would sell real estate along the way. Well, so far, that has worked out really well. As I close in on 1 billion in real estate sold, I am proud to announce that I am just getting started. We are excited to roll forward to next year and the next by providing the value people look for, giving them information and helping them out when they need it, and selling a little real estate along the way. Let's learn together. Yes, together, I want to learn from you as well.

Transcript

Casey Brown  0:06  
Hey there, and welcome to today's episode of cash flow Pro, your real estate investment podcast and channel. And I'll tell you what, I've got a guest with me today that I think you are going to absolutely love. And he has got so much to share. His name is Mike McCarthy. And he is a serial entrepreneur like many of us, as well as a real estate investor. Mike, how are you today, sir?

Unknown Speaker  0:34  
Doing great, Casey, thanks for having me.

Casey Brown  0:37  
Absolutely, man, it is our pleasure. And we are, we're just so glad you're here to share. There's a lot of different facets, I think, to your life. And there's, you know, when we were talking pre show, I found a lot of what you were saying that really resonated with me just as a person, as a father, as a husband, as a brother as a family guy. And I just I can't wait for the audience to kind of hear your take on things. So man, tell us tell us a little bit about yourself, like some of your backstory and how you kind of got aimed in the direction you're headed and, and go from there. So tell us a little bit about yourself.

Unknown Speaker  1:16  
Yeah, so I luckily ended up in the world of real estate by default. I'm what you call an SOB. And that's a son of a broker for the real estate folks out there. It's done this. And it's, it's been awesome. I entered the real estate business mentored by my father, who at the time was doing really well within the Keller Williams world. He purchased a region that he and I started together and we both built that he was able to retire at 50. And I took over the business which we still own today and lead and we closed 25 billion and real estate sales with last year. That's Pennsylvania, Southern New Jersey and Delaware regions for Keller Williams about

Casey Brown  2:05  
that's billion with a B with

Unknown Speaker  2:09  
a lot. We've got 48 market centers or franchise locations and about 11,000 agents that work with

Casey Brown  2:16  
work. Talk about scale, man, and I'll tell you, and as my audience knows, I come from the real estate sales background. And that's really what led me to where I am today. And and I can't, you know, whenever I hear of people that have scaled to it, I mean that that's obviously massive scale. But when I talk here about people that have even scaled up to like a broker that has multiple brokerages, like just just even like, say one broker, two brokerages, and I'm just like, and the head, my head almost starts to hurt because I think of the headaches that they likely have to deal with on a daily basis. And I can't imagine the fact that you all could, could pyramid it like that and really get it in good shape. That's awesome.

Unknown Speaker  3:01  
Yeah, well, Gary Keller is a genius. He's, he's done amazing things. And that's really what I hang my hat on is that I was part of the mechanisms that he created in order for that business to scale. So I got to really learn from a young age, all of the things that he did that really helped helped us to scale and get to where we are. So it's been an incredible journey. And as a young entrepreneur, you can imagine the lessons that come out of being a part of something that's scaling up so quickly and go.

Casey Brown  3:36  
There's not a university on the planet that could teach you what you learned, even if you just sat in the room with Gary Keller for a month. I mean, or any, any of his teachings or any of his his stuff is just, I mean, and again, it even, like I feel like if people with vision could read some of that stuff that he's put out. And even if they're in like, say, say they're selling computer, mice, I mean, whatever. And if they would just put some of his framework in place. I mean, you could just virtually scale about anything. I mean, it was just unreal. Honor, he's absolutely a genius. So anyhow, so 25 billion under you know, under all of the the markets and sub markets and so on. And of course, I want to dive a little bit into the serial entrepreneur part. That's, that's the part that really engages me anyway, at least cuz it just seems like I wake up every day and I've got 10 new ideas and obviously I keep focused on the one that's that I'm after, but I just the serial entrepreneur part is very interesting.

Unknown Speaker  4:48  
Yeah, thanks. You know, it's, it's something that truly if you build your businesses in a certain way, I think there's a couple ways you can approach building businesses. You can build a business where you're Have the star of that business and you continue to be that star, and you thrive in that role, you get a lot of a lot of ego blasts out of it, it feels good, there's a lot of certainty, there's a lot of significance. And that's one way to do it. There's nothing wrong with that. The trade off though is if you do it that way, you really have to work in the business for ever, because this business is built around you being the superstar of it. I like to build businesses where I'm constantly finding the person who the light will be shined on, and they're going to be the star, the business, or you have multiple stars within your business, I think you have to be willing to step out of the limelight, and step into a role where you're kind of in the background, and nobody knows what you're doing or who you are, and allow others to step into that spotlight. And as an entrepreneur, I've always do it the latter way, because I really value my freedom. And I know that's a big thing for you all and in why you focus on wealth building is the freedom and the time that you get back. And so I think from a investment and wealth building standpoint, I look at businesses as a vehicle to lead me to passive income. Often they take a little bit longer, and you've you know, you've got to invest differently into a business, but you end up with a team that's running that business, and it takes very little time from you to do that, then you really have a passive income stream that you've built, where you've got your time back, but you're also still making money off of that business. And so that was my approach to building Keller Williams, it's also been our approach to leading go abundance, which I'm a co founder of is, and I was the CEO of that business for three years from 2015 to 2018. And so I got to help shape it in the beginning. But eventually, I let the limelight go. And we put other people into those roles. And, you know, the funny thing is, is that every time I've replaced myself in those types of situations, the next guy always next guy or gal always seems to do better than I did. That's a big ego blow for you. Because you're like, they're like, man, it's so awesome. Now, you know, look, we're having are looking at how much better everything is. And you're like, Yeah, and that kind of stings a little bit. But it's also it also makes you proud because you know that you got the right people on the ship. And so go abundance has just been a blessing. It's it's a mastermind group for entrepreneurs. It started as just for high net worth individuals. And we've since launched a couple of programs that can help anybody get involved with go abundance, which is great, no matter where you're at, on your wealth building journey. And it's awesome. I mean, we've got 700 members now that are above a million dollars in net worth, all across the United States and several across the world. And it's just been a it's been a dream to be able to build something like that, that makes such a big difference in helping entrepreneurs to be better husband's better fathers, better mothers, better daughters, it helps people who are focused on building businesses to step outside of that for a moment and say, what's really important in life? Is it making more money? Or is it the impact I have? Or is it the relationships I have? Or is it the fun that I can go in enjoy what I've built and enjoy the life that I've created. And a

Casey Brown  8:44  
lot of those things lead you back to time. I mean, it's, it's all of those things are the time that they take. And that's what's that's what's really, you know, I heard a guy, his name is Myron gold, I believe Myron golden is who said this, who I heard say this one day, and he said, the most ignorant thing he's ever heard is the statement that time is money. And he said that's ignorant because time is infinitely more valuable than money infinitely because because the time is something that you can't, you can't get back. And you know, we talked a little bit about time, you know, family time or relationships or, or how you and how you kind of, I guess build you know what you do with that time and so it's man that's that's awesome that I've just heard so many things about go abundance. I told you, I think I've heard I had never heard of it until about a week or 10 days ago. Now. I've heard of it like eight or 10 times in the last since then. And so it just seems like it's really doing great things but you know if it could if it's a coach on how to to just bring the human elements back to the entre In real life, in my opinion, that's what's that's so valuable. So bad. Yeah.

Unknown Speaker  10:06  
Yeah, it's awesome. It's so cool to watch our little baby which we started really not knowing what we were doing and even didn't even know that we wanted to start a mastermind group, we just wanted to go on trips with great people and try to get better together. That was it. And it morphed into this. And it just been amazing to watch that. And it's created a lot of other opportunities. You mentioned the family side of things. When I was the CEO of go abundance, we launched fam abundance, which was a family masterminds, that we deliver content for our spouses, for our children, and we even do trips and adventures where we mastermind with family with other families. Sure. And through that experience, we actually wrote a book called the Miracle Morning for parents and families along with Hal Elrod, and we taught families how to do the Miracle Morning together. And then last year, we launched a separate playbook to go along with that book that teaches families how to set goals together, how to create shared values, how to create morning rituals, bedtime rituals, and even how to create a home currency system that helps to reward kids for wanting to do and, and then they get to spend that on cash it in for money, or for candy or for screentime. And so we've laid out all of these exercises in the playbook. But the reason is, because, you know, I want to just say this to all entrepreneurs and investors who might be tuning in is that, you know, at the end of the day, the thing that matters most is your your relationships. I think, you know, obviously, you have to have your own health too, by the way. So like, let's focus on being the best versions of ourselves mentally, emotionally, spiritually. But beyond that, I realized that as I was building all of these businesses, every time I would take on a new project and new venture, it would take away from my family. And because I didn't have to do these projects and ventures, I actually had to pull out sort of a balance sheet and think about like, well, what are the trade offs to doing this project, I don't have to do it. And oftentimes, the trade off came back to well, it's going to impact my family, I'm going to, I'll have less time with them. And if I'm going to spend less time with my family, because I'm out building these things, I need to make sure that it still serves them. And it's part of our overall plan as a family. And so we try to teach entrepreneurs in the playbook. And I try to preach this a lot on podcasts if you've if anyone's ever heard me before. But we we definitely have to bring leadership back into the home, we've got to help our families function and thrive like a team might thrive. Instead of just having a leadership by default type of situation where there is no values that drive the the the family, there are no goals that are set individually or mutually, that everyone is supporting each other on. And so if we can do that, though, I think we really get into building a legacy that's worthwhile and meaningful. Because the children, even in a best case scenario, let's say they're able to grow up not have a lot of contact with the matriarch or patriarch of the family, let's say it's just home life. And they don't get to really see that entrepreneur in their element leading teams, putting deals together, negotiating, getting out there and just hustling and also just knowing when to slow down and take a step back and let other people get in the game. But that whole process of building and leading and creating, oftentimes the family doesn't actually get to see any of that inaction, they get might get to hear about it a little bit. But what they generally see is that that individual is just absent from the home. They're not engaged, they're not around, they're there. They're definitely not bringing their leadership skills into the home. Because a lot of times the way they've approached it also is not effective. They try to be the dictator like we talked in the pre show. They come in with all their rules and reasons and things that need to be a certain way. And families don't usually respond well to that. So we preach a lot in the playbook for families to co create things together. So when I do a family meeting, for instance, with my family, I am not the leader of that meeting. It's co facilitated by us, together as a family through An agenda and everybody's voice is equal. I am not the overshadowing wisdom, you know, voice of reason or wisdom that knows all. In these meetings, I am simply another member of the family. And we're all collectively leading together. And I think if we can move in that direction in our families, I think they'll thrive more than they have in the past, I think that we will be more in sync with our spouses will be more connected to our children, and ultimately will be equipping our children to grow up knowing what great leadership looks like, it looks like facilitation of many ideas, and really being open to everybody having a voice that matters. And that's something I'm super passionate about is really just helping entrepreneurs to show up fully for their families be the leader that they need them to be, not just because they're out building a great business and providing a great income, but they're doing that while they're also showing up being engaged and really being a part of the family ethos, as much as possible.

Casey Brown  16:07  
Sure. And, you know, you see, you see a lot of the, for instance, that we work guy, the whole, you know, that whole fiasco that he was involved in. And one thing that that really stuck out to me when I read that book was, was that, you know, all these dead, you know, the nannies and this and that, that that they had, that were basically raising these kids. And so they had, like, there was no home life connection. And then and they were, he and the wife were both running, you know, she was running a nonprofit, he was running, we work and it just, and that's just the one that sticks out. But you know, you hear and see movies and stuff all the time. nannies are raising kids and this and the other because the the the entrepreneurial father and mother are out doing entrepreneurial things and not and not focusing on, in my opinion, and you build something you build a legacy is more important than money and is my opinion. And of course everybody has their own. But I think that when you go out and you you become successful, that it's very important to pull your family along with you. And, and again, it comes down to be it's part of the base, I mean, really, if you start looking at the basic things, I mean, you know, you have to have, you have to have certain things to to start a business and I feel like your family support is needs to be dang near front and center of that. I mean, in all honesty, and then, you know, being an engaged father, and I know you and I talk a little bit in from the only perspective that I can relate to is the father's side. And I have been guilty of it myself of kind of saying, hey, I need to do this. Well, Daddy, can we go do this? No, I have to get this done before. Whatever. And so you know, we've all been guilty of it, I think but but man, it's it's it's interesting to see somebody that is in the entrepreneurial, you know, mode all the time, I'm sure you are, as well as saying, hey, let's let's couple that with being in the family mode. So it's it's pretty interesting. So let's talk a little bit about about your businesses. You know, obviously the Go buttons thing is, is just, I like I said, it's a spectacular program. I mean, all around everything that I've ever heard. It's more it seems to coach from a lead with value type scenario. I mean, I guess in a way, it's, it's something that we all should focus on is leading with value, but it just, it seems like it just is really, it's where people can almost go and say, hey, I can go hang out with these entrepreneurs pick up little nuggets of knowledge, but at the same time, have a good time doing it and not be suited up and tied up. You know, I'm saying?

Unknown Speaker  18:59  
Yeah, for sure. Yeah, it's a it's it's awesome. I mean, we're go abundance and my partners who co founded this with Pat Heibon. Tim wrote and David Osborne, I mean, we are your typical rebellious misfits. You know, we made it to where we made it, because we were we were, you know, thinking differently than most people. And oftentimes that got us into trouble in life. And in later seasons in life, if you're able to harness that, and really focus on being the best version of yourself, and making sure that your values are on point. You know, it's it, you can really from a place of authenticity, connect with people in a way where you normally couldn't and I think that's the thing we pride ourselves most within go abundance is how authentic everything really is. When we show up to these events and Guys aren't just there pounding their chests or, you know, gals saying, Hey, I'm a badass entrepreneur, I, you know, look, look at all the things that I did here, guys are guys and gals show up there and they say, You know what, yeah, I've had success in these areas, but man, my marriage is destroyed or my kids don't want want to talk to me or my blood, my health go or there's some aspect of what they're there for. And it's it's through that vulnerability and that authentic support of one another that I think real change can happen. And I think it's the

Casey Brown  20:35  
same spot, at the same time has to be probably one of the top beneficial factors, I would think. Right?

Unknown Speaker  20:43  
Yeah, I think that you know, you, you see other people who need to make that change, but it's in a different area. And if you're supporting their change in an area that you're strong, yeah, then there's a reciprocal nature of, hey, we'll all support you on this journey, if you support me on my journey. And then so this beautiful reciprocity emerges. And I think that's the power of proximity of being around amazing people who will not just get you to show up for you and say, Hey, man, it seems like maybe you're not getting enough time with your family, is there a way that you could be more purposeful about getting more time with your family, and then, then it's easy to go find a solution, if you've actually said, Hey, here's a problem I have, then someone else can go, Hey, I had that same problem, there's a degree of things that I did. And it turned it around, maybe you're not spending any time with your family, but are not enough time. But what if you had a meeting every week, where you got on the same page with your whole family, and they felt supported and appreciated and you felt supported and appreciated, then your values were defined and explored. And so you had guideposts that would guide you and your family, collectively, through this experience of, of life and business together, I think if you can find those easy solutions like that, and then just commit to them, you might go from spending not enough time to your family, to carving out three hours a week to be real, purposeful. And now all of a sudden, you go from being sort of absentee father to really nailing it and really being there when it's clutch. And when it matters most at meals once a week, maybe date nights, there's all these little things that we can do just to make sure that we we really focus in on family.

Casey Brown  22:43  
Sure, yeah. And it's I mean, as all of that everything that you've just said in the last 10 minutes. I mean, I feel like as entrepreneurs and as business people that that we definitely need to, to kind of maybe refocus on that element of it. Because, you know, here, if you have a really bad day at work, and you go home, and you're still you're still trapped to yourself in your own mind, and you don't really even release some of the frustrations that you've had throughout the day, then you go home, and the ones that you love, are they they take the brunt of those frustrations. And then before you know it, you've isolated yourself, you've isolated your family over here. And then you're you know, you get to a point where you're basically just sitting there and you're like, okay, hey, now what have I accomplished? Okay, maybe I've got a lot of money. Or maybe I've done this or done that, or maybe I own a beach house or whatever. But the bottom line is that if you don't have those that you love to enjoy that stuff with you then then really what's the point? You know, you built one legacy while giving up another. So the work life balance is is just it's so crucial. And I think that that book that you wrote the you said there was one version and then you updated it with the second version last year, right with Yeah, with the playbook.

Unknown Speaker  24:16  
So there's a book The Miracle Morning for parents and families. And then there's a companion playbook that goes along with that book that has 10 exercises that somebody can go through as a family. And it takes you step by step it shows you what my family did and what our our our end result is and the system we use, but it also gives you the freedom to co create what it's going to look like for your, for your own family. And if anybody's interested in that you can actually download two free exercises at the miracle morning.com/p F playbook. If anyone wants to check it out and download a couple of exercises. It's Miracle Morning dot com slash P F playbook. And that'll give you a couple of exercises that you can start with. And if you like it, then you know, buy the playbook and jump in and do the rest of the exercises.

Casey Brown  25:13  
Awesome, man, that's great. And, and, you know, just just the fact that there is, for example, that we're just like this, there's free resources out there, the free resources out there were just just exactly what he just said, go download it. And at least, you know, maybe you have to get that mindset. And it's like, it's like quitting smoking, you're not going to tell somebody that doesn't want to quit smoking to quit, and they're going to just all of a sudden do it, they have to have a mindset that says, hey, I'm going to do this, this is the way it's going to be. And from now on, we as a family are going to do this, this and this. And so it really makes perfect sense. And but you can't do that until you say, Hey, I've had enough of this lifestyle of being dictator, of taking my frustrations out on my kids, my wife, my dog, whatever the case is, you have to change that first. And then once you change that, then these steps will will guide you along that path. So Well, let's talk a little bit more so So what other businesses and stuff are you kind of involved in right now? Back to the back to the business direction of this this discussion? So we've got Keller Williams with 11,000 agents, Attorney 25 billion in sales. And we've also got go abundance go abundance in there and your involvement there. What else do you kind of have cooking right now that you may feel comfortable talking about?

Unknown Speaker  26:47  
Yeah, I mean, the only other thing I might add to that is like I I'm building a real estate investment, fam sort of family off many family office for for the deployment of all of my capital. So I just recently bought brought on a Chief of Staff and have slowly been building a team, so that I can turn my, really my personal and family finances into its own business. So that it's all managed well. And that, you know, and what was going on is I used to invest in real estate because I would know somebody so intimately from go abundance, because I've traveled the world with them, or I've been skiing with them, or I've just been been through things with them spent time with them and their families. And so the way I used to invest was a lot of, Hey, I like you, you're cool, the deal. The deal seems pretty good. I'm gonna throw 100 in. And I could do this over and over and over again. And once I got to having done that about, you know, 3030 times or so, I realized, like, Man, I don't know what's going on with these 30 investments. I don't know if they're, you know, if the operating agreements were even done, you know, exactly correct. And all this stuff. So I hired somebody who could go through and go through all the details of all of that. And then also be the person who vets these deals. So I'm training them to be a great deal finder, and then a great decider upon these deals. And they're they're willing to slow down and do the detail work that I would never be capable of doing quite honestly. And it's been a great a great marriage. It's actually somebody who was a go abundance member, his name's Nick Johnson and, and I hired him, we plan to hike together within go abundance. And he was so meticulous in how he planned the hike. This guy is is going to be a great team member for me, I need to figure out how to get in business with him. So we worked out a deal. He wanted to leave his job anyways. But he left his job as a nuclear engineer to come work for me as chief of staff. And it's been a great hire and a great addition. And now I'm freed up mentally and emotionally because I don't feel like I'm being an irresponsible investor anymore. I feel like I'm really dotting my eyes and crossing,

Casey Brown  29:12  
maybe he can vet these deals and then he can he can do away with eight of them and bring the two that seem plausible to you. And then you're like, Alright, hey, cool, let's do this one, after you know, going through and seeing what the benefits are. And I'll tell you you know, when when I first started, we're a fund of funds so I don't and again without getting into the weeds too much with with what all that is, as far as the listeners go I'm certain you know when you really start mapping out these P PMS and these these and how these operating agreements kind of lock in together. And then how, how things are managed through separate entities. And for somebody like yourself to have three Do you have these things going on and even be able to, to capture or zone in on 10? Or 15% of that is, I mean, that's a full time job. I mean, you're only talking about a 10th or or two tenths of what you really need to know. Because the thing is, is everybody's like, Well, I had an attorney draft this, okay, that's wonderful. Attorneys are humans as well. And the thing is, is that everything's great. While it's great. When it turns, everybody's going, Whoa, I didn't know that this T was crossed, or that I was dotted, I didn't realize that this was this, isn't that. And so, to have some nuclear, a nuclear physicist, is that what you said? nuclear engineer? No, does that mean that to have a nuclear engineer, which, you know, that if it's got the word, engineering it anywhere, and that's their profession, you know, they're they're basically meticulous, they're very detail are especially when you get into the nuclear level. But I mean, that's, that's fabulous, man, I mean, you know, and you start thinking about, alright, passive investing then becomes a business rather than just something that you do on the side. Like you said, you you basically invest in you turn your family's finances into a business that consistently churns cash. And there you go. That's brilliant.

Unknown Speaker  31:22  
Yeah, it's, you know, it's taken me a while to get to this point. And it's, it's been great. And Nick, you know, it's awesome. It's amazing to see what Nick has done in a short amount of time. And, like, he's, he's found more errors and operating agreements. Like I said, a lawyer wrote this up. Yeah, we'll let me have my guy read it. And I'll let you know if there's anything in there because he's found. And he's found, he found a bunch of checks that I missed when I moved that they thought I cashed. And I didn't, he found, he found money, I left on the table, he found mistakes and operating agreements, just all the things that as a visionary, you know, which is what I consider myself, I don't often have the time or the patience to get into those details the way I should. And so I've got to a point where I got lucky enough to get to this place where I can hire that person, instead of having to become that person. Yeah.

Casey Brown  32:15  
And then if you look at it, and say, Hey, these two investments of 10 will pay his salary. Okay? If he finds mistakes that save you half of that, I mean, you're still miles ahead. And it allows you the scalability of the passive investment business, basically. Because I'll be honest with you, when I first started in this business, I took a PPM I took, I took an operating agreement that the what was supplied to me via a portal of just a random syndicator. And I took it and I put a big board up on my wall, and I mapped it out, I mapped everything out and how the operating agreements fit, how the PPM was written, how the, you know, so that I had an idea of, again, how all these things kind of clicked together and what makes the what ultimately makes the engine start and I'm, and I found two mistakes myself, and I called him up and I was like, hey, you know, these two things right here don't go together. Remember what it was? It was two minor things. And they were like, Oh, yeah. And then of course, then they had to go through the amendment status process. But I guess what I'm getting at is the time that that took, and had those investments gone south, the two minor things that I found could very easily have become major things really quick. Now, with that being said, going through all of that stuff, or having somebody to do that, I don't want to spend too much time too much more time on this. But I just I think that's a genius move. And I think that's a way to turn a passive send passive investment business into I'm sorry, a passive investor turning that into a business.

Unknown Speaker  34:10  
Just making it truly passive for the long term is the goal.

Casey Brown  34:14  
So it's efficiently passive? Yeah, if you will, I mean, it's just, it's efficiently passive, and it makes things really just go and it makes you sleep better not I'm sure.

Unknown Speaker  34:25  
Yeah, it definitely is a huge way. And a lot of and it gives me so much more freedom, like I just had a challenge within my family and needed to go spend some time with a family member for the last 19 days. And I didn't have to do anything that my team handled everything while I was taking care of my family. So yeah, it's like that, where when you need the time, when it really matters. I mean, it's one thing to take, take a 10 day vacation, and be able to take that off without worrying. But it's another when you need the time to go spend with someone who really needs it and they need you and you're able to do it. and not have to worry about Sure. Asmus or deals or anything during that time like that is priceless. I can't put a price tag on that.

Casey Brown  35:08  
Yeah. Well, Mike, I can't thank you enough for I know as many things as you've got going, that it's tough to kind of carve out, say 30 or 45 minutes to spend with us or an hour, whatever, whatever it's been. And, man, we just, we really thank you for everything you brought to the show. And hopefully, the listeners gain some insight into into how to how to look at a scalable business, followed by how to handle that scale, that that scalable business from the family standpoint, and then how to handle the family and how to manage your time and stuff like that. But I want for you, too, if you don't mind to maybe listeners can reach out to you, if somebody wants to get involved. And so even go abundance or something like that, obviously, there's a website for that. But you know, if there's something somebody just has maybe a quick question about or Splunk that how can the listeners reach out to you?

Unknown Speaker  36:04  
Yeah, so my website is go Mike mccarthy.com, you should be able to get in touch with me there. It leads to my Instagram and other places to find me personally, if you're interested in NGO abundance, two options for you. One is you could go to go abundance.com, fill out an application and see which of our programs might be a fit for you, our sales team will be in touch with you and can walk you through everything that we've got to offer. And what we're all about. You could also if you want to just start with free resources and learn from go abundance without spending a single dollar, just go to tribe of millionaires.com, you can order our free book there, I think you just pay shipping and handling, actually. So maybe you do have to spend $1, but very minimal amount. And then there's also a bunch of free resources on there. There's some of our techniques of how we hold each other accountable and, and organize our lives and worlds so that we can really be be open to what we call extreme accountability within go abundance because we're really accountable. There's a bunch of free resources and tools you can use on tribe of millionaires.com.

Casey Brown  37:19  
That's awesome. And real quick, just because it is something that you and I both seem to be so passionate about. Can you re repeat that website or that you mentioned earlier with the with the free resources for the entrepreneurs? Yeah, so the Miracle Morning one? Yes, yes, yes. Yeah.

Unknown Speaker  37:37  
So that's, it's miracle morning.com/p F, which stands for Parent and Family playbook, so slash pa playbook.

Casey Brown  37:48  
Awesome. Mike, again, thank you so much for your time, and hope everybody has gotten a little token or a little nugget of something that you can use in your daily life. And again, Mike, thank you, sir.

Unknown Speaker  38:00  
Yeah, thanks, Casey. Great to see you and have a good one.

Transcribed by https://otter.ai