How He Bought His Boss’s Company at 28

Fast Money, Slow Money & How to Keep More of What You Earn

What if everything you've built could disappear because of taxes, bad planning, or a lack of liquidity? In this episode of Uncommon Wealth, John McDonough sits down with entrepreneur, real estate investor, educator, and author Chris Rood for a powerful conversation about wealth creation, wealth preservation, tax strategy, liquidity, and long-term financial freedom. Chris has spent more than a decade building businesses across real estate, wholesaling, fix-and-flips, mobile home parks, short-term rentals, investor education, and multiple service-based companies. But this conversation goes far beyond real estate. Together, John and Chris break down the financial lessons most entrepreneurs never learn, including how to legally reduce taxes, protect assets, create multiple income streams, manage market cycles, and build lasting wealth that can survive generations. If you're an entrepreneur, investor, business owner, or someone serious about building and keeping wealth, this episode is packed with practical insights you can implement immediately. In This Episode: • How Chris built multiple businesses from the ground up • Lessons learned from market crashes and economic cycles • Why most entrepreneurs pay far more taxes than necessary • The power of real estate for tax mitigation and wealth building • Understanding depreciation, cost segregation, and 1031 exchanges • Why liquidity matters more than most investors realize • The dangers of overleveraging and concentration risk • Building multiple streams of income • Asset protection and long-term wealth preservation • Legacy planning and creating generational wealth • Why skills are the ultimate wealth-building asset About Chris Rood Chris Rood is a real estate investor, entrepreneur, educator, and author of Skill Up: The Logical Way to Build Wealth in Real Estate. Over the last decade, he has built and scaled businesses across real estate investing, mobile home parks, development projects, short-term rentals, and service-based companies while helping investors across the United States and Canada grow their businesses. Connect with Chris Rood: 🌐 Website: https://chrisrood.com 📸 Instagram: instagram.com/RealestateRood 📘 Facebook: facebook.com/chrisroodentrepreneur 🎵 TikTok: https://www.tiktok.com/@realchrisrood ▶️ YouTube: https://www.youtube.com/@ChrisRoodentrepreneur 💼 LinkedIn: https://www.linkedin.com/in/chrisrood Allies Mastermind alliesmastermind.com 📚 Get Chris's Book: Skill Up: The Logical Way to Build Wealth in Real Estate Free E Book sourceofthedeal.com Learn the strategies top advisors won’t talk about: https://elitecasecloser.academy/ If you enjoyed this episode, follow the podcast, leave a review, and share it with another entrepreneur, investor, or business owner who needs to hear this conversation. #jmacwealth #jmacadvice #jmacmethod #jmac #jmacstrategy #chrisrood #realestateinvesting #wealthbuilding #taxstrategy #entrepreneurship #assetprotection #cashflow #financialfreedom #businessowner #investor #realestate #generationalwealth #wealthpreservation #passiveincome #financialeducation

Surviving the Real Estate Downturn

What happens when a highly successful entrepreneur gets hit with the toughest business cycle of his life? In this episode of Uncommon Wealth, John McDonough sits down with multifamily real estate investor and entrepreneur Mark Kenney for a candid conversation about resilience, risk, wealth, taxes, liquidity, and the realities of building a business during uncertain economic times. Mark shares the hard lessons learned from navigating the multifamily real estate collapse, managing massive portfolios through rising interest rates, dealing with lender pressure, protecting investor capital, and overcoming the emotional toll that comes with high-stakes entrepreneurship. This episode is for business owners, investors, entrepreneurs, and anyone seeking a deeper understanding of wealth beyond money. In this episode, you'll learn: • 💰 Why financial success can create new risks if you don't plan properly • 🧠 The emotional resilience required to survive difficult business seasons • 📉 What really happened in the multifamily real estate market during rising interest rates • 🏦 How liquidity can save you when net worth cannot • 📊 The tax mistakes many investors and CPAs fail to recognize • ⚠️ Common debt and financing traps that can destroy otherwise successful deals • 👨‍👩‍👧‍👦 Why faith, family, health, and relationships matter more than money About Mark Kenney: Mark Kenney is the founder of Think Multifamily and a seasoned real estate investor with decades of experience acquiring, operating, and managing multifamily properties across the United States. He is also the author of Surviving the Multifamily Collapse, where he shares real-world lessons from one of the most challenging market cycles in recent history. Connect with Mark Kenney: 🌐 Website: https://thinkmultifamily.com 📘 LinkedIn: https://www.linkedin.com/in/markwkenney 📘 Facebook: https://www.facebook.com/ThinkMultifamily ▶️ YouTube: https://www.youtube.com/@ThinkMultifamily 📚 Get Mark's Book: Surviving the Multifamily Collapse Available on Amazon Learn the strategies top advisors won't talk about: https://elitecasecloser.academy/ Enjoyed this episode? Follow Uncommon Wealth on Spotify and share this episode with an entrepreneur, investor, or business owner who needs to hear these lessons. #realestateinvesting #multifamilyinvesting #wealthbuilding #entrepreneurship #financialfreedom #taxstrategy #businessgrowth #leadership #investing #wealthpreservation #passiveincome #cashflow #financialeducation #liquidity #faithandfinance #jmacwealth #jmacacademy #jmacadvice #jmac #jmacstrategy

The Business of Law: Scaling a Firm Like a CEO

What does it really take to build a law firm that can scale nationally without sacrificing client results? In this episode, John McDonough sits down with Brett Sachs, Founder and Principal Attorney of MVP Accident Attorneys, for an in-depth conversation about entrepreneurship, leadership, business systems, law firm growth, financial strategy, and creating long-term wealth. While many attorneys focus solely on practicing law, Brett has built something much larger. He has engineered a business designed to handle high client volume while maintaining exceptional client outcomes. From intake systems and KPIs to AI automation and national expansion plans, Brett shares the operational blueprint that has helped MVP become one of the fastest-growing personal injury firms in California. The conversation goes beyond legal services and dives into the realities of running a modern business. Brett opens up about cash flow challenges, scaling pains, tax planning, hiring the right people, creating operational efficiency, and balancing business growth with family legacy. If you're an entrepreneur, business owner, founder, attorney, or anyone interested in scaling a company the right way, this episode delivers practical insights you can apply immediately. Topics Discussed: ✅ Building a scalable business from the ground up ✅ Why systems outperform talent alone ✅ The difference between being an operator and a technician ✅ Managing cash flow in a high-growth company ✅ Scaling without sacrificing quality ✅ How AI is transforming operations ✅ Creating generational wealth ✅ Leadership, hiring, and team development ✅ Protecting your business and family financially ✅ The future of law firm acquisitions and national expansion Brett also shares emotional stories from some of the most meaningful cases his firm handles, including wrongful death and birth injury cases, and explains why client advocacy remains at the center of everything they do. About Brett Sachs Brett Sachs is the Founder and Principal Attorney of MVP Accident Attorneys, a rapidly growing personal injury law firm recognized for combining elite client service with scalable business systems. His mission is to redefine what a high-volume law firm can be by delivering exceptional outcomes while leveraging technology, automation, and operational excellence. Connect with Brett Sachs: 🌐 Website: https://themvp.com 📸 Instagram: https://www.instagram.com/mvpaccidentattorneys 📘 Facebook: https://www.facebook.com/MVPAccidentAttorneys 💼 LinkedIn: https://www.linkedin.com/company/mvp-accident-attorneys 🐦 X (Twitter): https://x.com/mvpattorneys 🎵 TikTok: https://www.tiktok.com/@mvpaccidentattorneys ▶️ YouTube: https://www.youtube.com/@MVP-Accident-Attorneys Learn the strategies top advisors won’t talk about: https://elitecasecloser.academy/ If you enjoyed this episode, follow the podcast, leave a review, and share it with someone who is building a business, growing a team, or creating a lasting legacy. #jmacwealth #jmacadvice #jmacmethod #jmac #jmacstrategy #lawfirmgrowth #personalinjurylawyer #businessowner #entrepreneurship #businesssystems #leadership #wealthbuilding #cashflowmanagement #foundermindset #businessgrowth #legalmarketing #aiinbusiness #generationalwealth #scalingbusiness #successmindset

Building Wealth Without Breaking the Business

Building wealth is one thing. Protecting it, scaling it, and structuring it correctly is another. In this episode of Uncommon Wealth, John McDonough sits down with Jack Mullen, Founder & Managing Director of Summer Street Advisors, to break down how institutional investors think about commercial real estate, private credit, risk management, liquidity, succession planning, and long term wealth architecture. Jack shares insights from his experience at JP Morgan, GE Capital, and leading multi billion dollar CRE advisory engagements. This conversation covers the hidden risks most investors ignore, why private credit is being mispriced, how family offices think differently, and what operators need to understand before scaling serious wealth. If you are building wealth through business, investing, or real estate, this episode gives you a real look into institutional level strategy. Learn the strategies top advisors won’t talk about → https://elitecasecloser.academy/ Connect with Jack Mullen: Website: https://summerstreetre.com LinkedIn: https://www.linkedin.com/in/jack-mullen-cre YouTube: https://www.youtube.com/@SummerStreetAdvisors Forbes Finance Council: https://www.forbes.com/councils/forbesfinancecouncil/people/jackmullen/ Follow John McDonough: Instagram: https://www.instagram.com/jmacwealth YouTube: https://www.youtube.com/@jmacwealth #commercialrealestate #privatecredit #wealthbuilding #familyoffice #realestateinvesting #institutionalinvesting #riskmanagement #successionplanning #liquidity #assetmanagement #financialstrategy #entrepreneurship #businessgrowth #jmacwealth #jmacadvice #jmacmethod #jmac #jmacstrategy

Your Brain Is Your Greatest Asset: The Overlooked Wealth That Controls Everything

What if the greatest threat to your wealth isn’t the market, taxes, or bad investments, but your brain? In this episode, John sits down with Dr. Bill Morgan, a former Marine reconnaissance operator and brain performance expert who worked with members of Congress, the White House, elite athletes, and military veterans recovering from traumatic brain injuries. Together, they unpack the hidden connection between cognitive performance, longevity, decision-making, and long-term wealth preservation. If you’re an entrepreneur, executive, athlete, or high performer, this conversation will completely change how you think about brain health, sleep, neuroplasticity, and aging. Inside this episode:• 🧠 Why declining cognition quietly destroys wealth and leadership• 😴 The shocking link between sleep deprivation and Alzheimer’s• 💪 Why VO2 max and muscle strength predict longevity• ⚡ How neuroplasticity can improve focus, memory, and decision-making Dr. Bill Morgan shares practical insights from decades of working with elite performers, military special operations, and brain recovery programs at Walter Reed and Parker Performance Institute. If you want more cognitive sharpness, better performance, and more healthy years ahead, this episode is for you. Follow the podcast on Spotify for more conversations on uncommon wealth, performance, longevity, and leadership. Connect with Dr. Bill Morgan & Parker Performance Institute🔗 Parker Performance Institute: https://parkerperformanceinstitute.com/ [https://parkerperformanceinstitute.com/] 🔗 Parker University: https://www.parker.edu/office-of-the-president/ [https://www.parker.edu/office-of-the-president/] 🔗 YouTube: https://www.youtube.com/@ParkerPerformanceInstitute #jmacwealth #jmacacademy #jmacadvice #jmac #jmactrategy #brainhealth #cognitiveperformance #longevity #neuroplasticity #mentalperformance #executivehealth #highperformance #biohacking #sleepoptimization #entrepreneurmindset #peakperformance #healthyaging #brainoptimization #wealthmindset #humanperformance #leadership #businesspodcast #selfimprovement #performancepsychology #vo2max #mentalclarity #longevityscience #cognitivehealth #successmindset #podcastclip