Matt Theriault, accidental success coach and host of popular Your Do Over and Epic Real Estate podcasts joins us this week in the basement to tell us how he built a music business from the ground up (one that was grossing over $100k per month!), then lost everything, and rebuilt his life. Today Matt has 188 properties after only about four years of hard sweat equity….all to gain a passive income stream he could use to never repeat his situation again.
It’s a great story and I’m sure you’re going to love it. Enjoy!
Subscribe to the podcast through iTunes and new episodes will show up every week!
Never subscribed to a podcast before? Here’s Apple’s fantastic tutorial.
Would you rather listen on your smartphone? Try Stitcher or the iPhone podcast app. We’re available on both platforms, as well as Windows Phone, Blackberry Podcast App, Podcatcher, TuneIn, and more!
Show Notes
<> Open
<> Matt Theriault
Matt’s Podcasts: Your Do Over Podcast and Epic Real Estate Podcast
The book Matt references:Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
(our Amazon affiliate link)
It was a dream of mine to work for a record store, which I did by age 17. By age 20 I was in charge of the singles department at Sound Warehouse. I saw demand change from 45s to cassingles (cassette singles) in a very short time and our 12″ vinyl selection was the most successful in the entire chain.
In the ’90s I became General Manager of brand new Blockbuster Music store (they purchased Sound Warehouse). During my time there I saw the world change with the internet coming on strong, digital downloads included.
The writing was on the wall. Everyone could see the digital age was coming. The big guys at the home office couldn’t figure out what to do. We kept getting updates to the Phonolog (a music dictionary of all available music). Blockbuster still thought it was a great idea to let people sample music by opening whatever CD they wanted at the Listening Bar – making the CD non-returnable if the customer didn’t buy it. It was a great idea but sooooo very expensive.
The internet changed the world. We are forced to change with it or, even better, take advantage of it by creating something that will help others.
I guess I’d better get going on this huh?