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Millennial Millionaire
Steven Cohen
92 episodes
1 week ago
The brightest young professionals around the country talk about their niche, concepts, and values that have helped them become the people that they are today!
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All content for Millennial Millionaire is the property of Steven Cohen and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
The brightest young professionals around the country talk about their niche, concepts, and values that have helped them become the people that they are today!
Show more...
Careers
Business
https://is1-ssl.mzstatic.com/image/thumb/Podcasts126/v4/63/f9/5b/63f95bc9-4a28-9307-b775-708c9d027f61/mza_13353495992245863261.png/600x600bb.jpg
Millennial Millionaire Ep. 76 - Chad Peterson
Millennial Millionaire
1 hour 4 minutes 59 seconds
6 months ago
Millennial Millionaire Ep. 76 - Chad Peterson
In this raw, unfiltered episode, we're joined by Chad Peterson, the #1 business broker in the country and founder of Peterson Acquisitions. Chad drops serious game on how to build wealth by buying businesses, leveraging debt, and cutting through the noise most people believe about money, real estate, and retirement. He breaks down: Why 401(k)s and IRAs are traps How the SBA will fund up to $5M for you to buy a business The truth about side hustles, "legacy," and chasing passion How to avoid the financial killers of divorce and lawsuits And why most men (and entrepreneurs) are lying to themselves This is the episode they won’t play in business school. It’s blunt, controversial, and incredibly valuable. ⏱️ Timestamps 00:00 – Welcome + Chad Peterson Intro01:15 – What is a business broker, really?03:20 – Why real estate isn't the golden ticket06:00 – The SBA loan secret (up to $5M!)09:10 – Why 401(k)s, IRAs & Wall Street won’t build wealth12:30 – Can the average person buy a business?15:05 – Passion cycle: Obsession → Boredom → Burnout18:20 – When should you sell your business?21:10 – Should you buy a biz you’re not passionate about?24:00 – Millennials, mindset, and the problem with chasing27:15 – Decide → Commit → Execute (stop flipping strategies)30:25 – The “Be, Do, Have” success model33:40 – The myth of multiple income streams36:30 – Side hustles = multiple problems39:10 – Why mastery is the rarest flex42:00 – The “work hard vs work smart” conversation44:45 – Chad’s 3-step formula to wealth47:00 – The truth about debt (good vs bad)50:10 – How to protect your wealth (prenups, trusts & lawsuits)54:00 – Why men are lost (and how society helped)58:20 – Masculinity, mentorship & the downfall of integrity1:01:00 – Final thoughts: Do the hard thing — and do it well 📢 Call to Action 🔥 This one was WILD — but real. 👍 Like this episode if Chad made you rethink something💬 Leave a comment with the biggest truth bomb that hit you🔔 Subscribe for more no-BS convos every week📲 Share this with someone who needs a wake-up call 🔖 Hashtags#ChadPeterson #BusinessBuying #BuildWealth #ModernMotion #Entrepreneurship #SmallBusinessInvesting #SBA #FinancialFreedom #RealTalk #MasculinityInCrisis #QuantumStackInvesting
Millennial Millionaire
The brightest young professionals around the country talk about their niche, concepts, and values that have helped them become the people that they are today!