What Does "Rich" Actually Mean? (Now That Elon Hit a Trillion)

What Does "Rich" Actually Mean? (Now That Elon Hit a Trillion)

Elon Musk just became the world's first trillionaire, and Tim and Mark have thoughts -- but not the ones you'd expect. This episode is really about what rich actually looks like up close: how wealthy people dress, talk, think, and move versus everyone else. Spoiler: it has a lot more to do with your mindset and your conversations than your bank account. Follow the show wherever you listen and leave a five-star review if you're getting value. It helps more people find us. You can follow Tim at @timbratz and Mark at @markevansdm on social. See you next week!

If You Don't Have These 7 People, You Don't Have a Real Business

You can have a great business and still be the bottleneck, the liability, and the target all at once. Tim and Mark break down the 7 people you need on the business side of your life: the ones keeping your books tight, your taxes low, your assets protected, and your deals moving. Last week was the personal side. This week Tim and Mark get into the seven people you need running your business — the ones who keep money from slipping through the cracks, protect what you've built, and open doors you didn't even know existed. This is the stuff that separates a real business from a job disguised as one. If the people you're taking advice from don't have these people on their team, that's your answer right there. In this episode: * Controller vs. CFO — why you need financial oversight that goes way beyond what's in the bank account (and how Mark's controller tracked down a $29,000 check he'd completely forgotten about) * The case for an in-house attorney: Tim's lawyer found a single word in a Fannie Mae loan doc and knocked $1.8 million off a prepayment penalty — more than 12 years of salary in one deal * Tax advisors vs. CPAs — why your CPA is technically working for the government, not you, and what it actually costs you not to have a real tax strategist in your corner * Insurance: the story of Tim's apartment building that burned to the ground and a policy that capped out at $10,000 when it should have paid out $3 million * Private banker — the most underrated relationship on this list and why Mark and Tim both swear by it * Social media, marketing, and PR: why Tim closed a $500K investment from someone he'd never spoken to, just because they'd been watching him online for eight years * Real estate connections — how Tim's mortgage guy helped him turn a $30M exit into a potential $38M one with a single phone call If you got something out of this episode, subscribe so you don't miss the next one and drop a comment below. We love hearing from you! Follow Tim at @timbratz and Mark at @markevansdm for more. See you next week. 0:00 Intro 1:57 Controller/CFO 13:25 Attorney 25:39 Tax Advisor 36:15 Insurance Agent 48:09 Private Banker 48:18 Marketing/PR Person 55:32 Real Estate Expert

7 People to Keep in Your Inner Circle (as an Entrepreneur)

You can have all the money in the world and still have the wrong people around you. That gap will cost you more than any bad investment. Tim and Mark break down the 7 people every wealthy person needs on the personal side of their life: the ones protecting your time, your health, your family, and your legacy. Simple stuff that nobody really talks about until you need it. This episode is part one of a two-parter — next week they're covering the business side. In this episode: - Why an executive assistant is the single most important hire - The case for a private doctor on retainer - Travel connections: the one relationship that matters most when you get that call and you need to be somewhere in four hours - What a fiduciary actually does and why you need one before you think you need one (shoutout to @garrettbgunderson, @jim.dew_, and @jeffsocha — guys who have them and can point you in the right direction) - Personal trainers and nutrition coaches — including Tim's buddy @gunnarmade, who keeps the Bratz household moving - Spiritual guidance as a personal and marriage resource, and why Mark thinks you don't have to be in an organized religion to benefit from it - Charitable connections: how to find the grassroots organizations actually doing the work (not the ones spending 98% of donations on marketing) If you got something out of this episode, subscribe and follow the show so you don't miss the next one. And please leave us a comment! We love to hear from you. Follow Tim at @timbratz and Mark at @markevansdm for more. See you next week. 0:00 Intro 10:53 Personal Assistant 27:02 Private Doctor 31:16 Travel Connections 36:45 Fiduciary 43:46 Personal Trainer 46:52 Spiritual Coach 53:13 Charitable Connection

How Many Chances Do You Have Left?

Most people are saving their best words for the funeral post. Mark and Tim want you to stop doing that. This episode landed on Mark's 30th year as an entrepreneur, and instead of a victory lap, he turned it into a question worth sitting with: how many more real shots do you have left? Not at the million-dollar thing. At the hundred million dollar thing. At the dream trip. At the letter you keep meaning to write. At the phone call you've been putting off for three years. Tim opens up about pulling the trigger on a year of international travel with his family, and Mark gets into the daily habit of sending messages, letters, and videos that most people say they'll do someday — and never do. Follow the show wherever you listen and leave a five-star review if you're getting value — it helps more people find us. You can follow Tim at @timbratz and Mark at @markevansdm on social. See you next week.

The TORSCE™ Method: The 6-Part Filter Every Entrepreneur Needs

Every bad deal, bad partnership, and bad investment has one thing in common: no filter. Tim and Mark break down the TORSCE™ Method (Time, Opportunity Cost, Risk, Skill, Cash Flow, Enterprise Value) a framework for cutting through decisions faster and saying no without guilt. Get the free PDF at imrichpodcast.com/free [http://imrichpodcast.com/free]. Follow the show wherever you listen and please leave a five-star review if you're getting value. It helps more people find us. You can follow Tim at @timbratz and Mark at @markevansdm on social. See you next week.