In this episode of The Mailbox Money Show, Bronson Hill and co-host Nate Hambrick welcome Nathan Barkocy for a deeply personal conversation about life, death, faith, and redefining true wealth.
Nathan shares his near-death experience at age 16, what he saw in heaven, and how that moment completely transformed his perspective on money, time, risk, and legacy. The discussion covers overcoming adversity, building multiple streams of income, the power of mentorship, and creating wealth that extends far beyond dollars.
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Nathan Barkocy is the author of Old Wealth, New Wealth, True Wealth (co-authored with Sharon Lechter of Rich Dad Poor Dad fame), a successful real estate investor, entrepreneur, and founder of the True Wealth community. A former nationally ranked cyclist, his life was forever changed by a miraculous recovery that reshaped how he views success and impact.
Tune in for an inspiring episode on resilience, faith, and building lasting wealth.
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Get my new book: https://bronsonequity.com/fireyourself
Full Transcript:
Bronson Hill: Welcome to the Mailbox Money Show. I’m your host, Bronson Hill. Really excited to be here today.
We have an amazing guest and a good friend that I’m super excited about. I’m going to introduce him in just a minute about just some of the things that you go through in life that really makes you a better investor.
So we’re going to jump in and we’re going to do that. Before I do that, I’m going to introduce my amazing co-host, Nate Hambrick, the Nate Hambrick, who’s the author of The 18 Laws of Leverage.
Nate, tell me a little bit about adversity that you face. It seems like you’ve always had everything that’s gone very well in your life from my perspective. But what’s one thing you went through in the last few months that’s been a real adversity?
Nate Hambrick: I’m glad it appears that way, Bronson. That’s the big lie. When you’re a kid, you look at your heroes and you’re like, they never go through anything hard. They never cry. Everything’s easy.
And then you meet them and you realize, oh, no, no, no. The reason you look up to them is because they’ve been through more hard than you have times 100. And so, yeah, I’ve been through some adversity.
I’ve got two kids under two. My daughter wakes up seven times every single night. My son wakes up. They were sick.
I’ve been through some challenges and still showing up and loving people and helping them with their money problems. It takes some gumption. It takes some grit.
But I’m thankful for it because it makes you a better human.
Bronson Hill: Absolutely. Well, we’re going to talk about adversity and how to overcome it. And just, you know, Nate’s going to get into a bit of his story here as well.
Actually, I’m going to call him Nathan because we have a Nate and a Nathan. But we have my good buddy, Nathan Barkocy here who’s the author of the new book, Old Wealth, New Wealth, True Wealth that he co-authored with Sharon Lecter. Sharon Lecter was the co-writer on All of the Rich Dad or a lot of the Rich Dad, Poor Dad books, which is amazing.
So, Nathan, good to have you, brother. How are you doing today?
Nathan Barkocy: Yeah, so excited to be with you today. Thank you for having me. It’s an honor to be with you and I always love putting this together. And I’m excited to dive into our stories today.
Bronson Hill: Yeah, for sure, man. Well, I know a little bit about your story and I want people to get familiar with you. I know you live in Colorado Springs now, but when you were 16, you were one of the top bicyclists in the country and you had a life-changing event.
When did you talk about that and kind of how that led to where you are now?
Nathan Barkocy: Yeah, so this all began back in 2016. I was a 16-year-old nationally ranked competitive cyclist. Top 10 in the nation, state champion of New Mexico. I was the youngest to ever win the Tour of the Gila. And I was on my way accomplishing every goal necessary to get to the Olympics, to get to the Tour de France.
And that was my vision. That was my one path forward. It was becoming an internationally renowned competitive cyclist.
Then January 23rd of 2016, I was on a training ride with my coach and my teammate. We were doing everything necessary to win the higher level of the Tour of the Gila that year. And that would have placed me in nationals again.
I would have been racing internationally as a 16-year-old. Then that day, when I was training with my coach and my teammate, I was hit by a car at 60 miles an hour. So when the car hit me, I immediately died on impact, being hit at 60 miles an hour.
You don’t survive that. So I died on impact. My shoulder and my hip shattered the windshield in the car through my limp body about 100 feet.
And my coach came scrambling to my side, yelling my name. And there was no response. So when the ambulance came and the officers came to the side of the scene, they reported the impact is fatal.
And I was immediately rushed to the hospital. My coach was in his ambulance and he said that he heard the other officers at the scene say, this one’s injured but the other cyclist is dead. So I was rushed to the hospital and miraculously, I remained alive enough to be in a coma.
I was in a coma for two weeks. And by God’s grace, I opened my eyes again two weeks later and I was paralyzed. So I was in the ICU for a month.
They put me on a medical flight up to Craig Hospital in Denver, which is where I learned how to walk again and talk again. And I was at Craig Hospital for two months. Then miraculously, they discharged me from Craig Hospital walking out of the hospital.
And I went home and just really a long story of recovery, a lot of struggle, a lot of pain. A lot of difficulty recovering from a traumatic brain injury and physically dying. And that’s what really reshaped my mindset around what truly holds value. Which is precisely why I wrote this book with Sharon Lecter. She is, a financial literacy pioneer.
Having founded the Rich Dad brand along with Kiyosaki and building out the Rich Dad Poor Dad Empire. That book, Rich Dad Poor Dad, really shaped my mindset around financial literacy and money. And that’s what helped me start my first luxury real estate multifamily portfolio in Fort Worth, Texas. Since then, I’ve started multiple businesses.
And I’ve been passionate about helping a younger generation understand the value of our time because our time is our most valuable asset. That’s something we can never get back. We can never make more of.
So I’m very passionate about helping this younger generation to understand how valuable our time is. And instead of just giving away our time, actually leveraging it to build multiple streams of income, which allows us to have freedom of time. We can leverage that freedom to build God’s Kingdom on Earth as it is in heaven.
And I’m very grateful to be alongside people like yourself, building up this incredible movement and helping entrepreneurs to reshape their mindset about what wealth truly means.
Bronson Hill: Everybody, you just shared a lot there. So we went from you dying and to, like, you’re doing these things now. So let’s back up here for a minute.
And again, I want to go over a little more of this because, so you’re 16, you have this accident. I know you’re a person of faith as well. What do you attribute, like, you surviving?
Was it, did it make a mistake? Were you dead? And you feel like God brought you back to life?
Like, what’s your, like, evaluation of all that?
Nathan Barkocy: Yeah, I mean, this is a big question. I think we could do a whole podcast just on this question. And I have, I’ve done many podcasts about my near-death experience and what all I encountered there.
But in a short summary, what I would say is that when I died, obviously, I mean, I was dead, reportedly dead. And so I witnessed heaven. I witnessed what really is beyond this life that we are living here.
And I’ve spoken so much about this. And so I would encourage anyone who’s listening to this to go find out more if they’re curious about, you know, what I witnessed and what I encountered when I did die. But that experience of eternal peace and just perfect peace and joy, that is what gave me the motivation to never sacrifice a second of my life again. Because I’m passionate about building true wealth for myself and for my family.
.Nate Hambrick: What does that look like? Like just in your day-to-day working, I’ve never been to heaven, at least I don’t think I have. Coming back to earth and realizing the stressors, the anxiety, the things that we deal with as humans, how does that help you show up in a way that is heaven on earth?
Nathan Barkocy: This is a great question. And this is actually maybe a flaw of mine, the fact that I’m so passionate about building this true freedom that I really take some big leaps of faith. So I’ve definitely done some major cash-outs and some large leveraging to get to the point where I am now.
That’s a lot of risk tolerance that most people wouldn’t typically, they would bend under that type of risk tolerance, you know. But that’s the mindset of an entrepreneur regardless. And so I think in answer to your question, what really reshaped my mindset around this is the fact that if we’re all living the same 24 hours in the day, I would rather live my 24 hours with passion, with intentionality and with purpose so that I can create so much value in the marketplace.
And this is exactly what we’re all passionate about doing. This is something that I’ve interviewed a lot of billionaires on my true wealth community. And they said they didn’t wake up in the morning wanting to be a billionaire.
They wake up in the morning and think, how can I improve the lives of a billion people? And the money just comes as a by-product.
Bronson Hill: Love that. So let’s talk a little bit about your book. So obviously, Sharon Lecter is well-respected.
I know a lot of your stories in the book as well. But can you give us kind of some of the highlights, old wealth, new wealth, true wealth? Who is the book for what’s the premise of the book?
Nathan Barkocy: Yeah, absolutely. And honestly, this book, I’ve reached out to Sharon Lecter originally to write a book about my accident, to write a book about my miraculous recovery. And actually, we are writing another book right now about everything that went into it.
But when Sharon and I started working together, I was really focused on the redefinition of wealth beyond just the dollars getting into the person you become and the life that that allows you to live. Which is built through multiple streams of income, right? It’s built through true capitalism. And so I wanted to work with her because she was such a mover in the industry.
And when we started working together, you know, I wrote about 120 pages of my autobiography and that was great. Really inspiring story. But it’s harder for the audience to relate to that story when it’s an Olympic mindset and a 25-year-old, 24-year-old who had a multimillion dollar luxury townhome portfolio.
So we shifted it, we always shifted it into a whole storyline. So it’s about three brothers, one representing old wealth, one representing new wealth, and one representing true wealth. And they’re given a riddle to solve by their father. And they solve this riddle to define what true wealth really means and I won’t give any spoilers so that people can really, you know, figure out what that definition is.
But it’s, of course, obtained through proper mentorship and having the right people in your circle and that’s what Sharon Lecter has taught me entirely is the power of association, right? Getting into rooms like this one right here, you know? This virtual room is precisely the type of people that you need to be around and elevate your mindset so that you can go forward and create that.
And so in answer to your question, yeah, this book just, it came into such an incredible story and it’s series one, right? It’s the first book in the series of the true wealth movement that we’ve started. And there’s many more coming but this is the one to just open up the mindset just like Rich Dad Poor Dad did for an entire, I mean for the entire world, right? It helped reshift the focus of how money can really be used in the marketplace.
Nate Hambrick: That’s what I was going to say. It reminded me of Rich Dad Poor Dad with the three brothers which I think is really cool. It’ll be cool.
I’m excited to read it. I haven’t read it yet. I know Bronson has, but…
Bronson Hill: I haven’t, I have not read it yet so I need to read it. So I, yeah, go ahead. I was wondering, are you the next Robert Kiyosaki then?
If you’ve been…
Nate Hambrick: You heard it here first.
Nathan Barkocy: You heard it here. Well, and my honest answer to that is I guess the reason I wrote this book was to take it a step further.
So for me personally, Rich Dad Poor Dad was the book that entirely refocused my vision on money. And that’s how I started my real estate portfolio. That’s how I got involved with real estate especially in building out businesses.
But I wanted to take it a step further. So this would be almost like the graduate course of Rich Dad Poor Dad. So this goes into what you do when you create those multiple streams of income.
You create these real assets, the portfolio of real assets that are cash flowing. What do you do with that? How do you take the next step?
When you’ve started the business, how do you scale your business to the successful operational capacities that you can without sacrificing your time or your relationships or your health? So this takes it a step further than just the money.
Bronson Hill: Love that. Yeah, it’s the idea that wealth is more than money. Actually, I’ve heard people say it’s not millions of dollars in your bank account.
It’s being wealthy, it’s a mindset, it’s who you are.
It is knowing you have abundance. It’s knowing if you lost everything, you could quickly make it back based on who you know and the skills that you have. And so I’ve seen that.
I’ve been in a financial pinch and all of a sudden, what do I need to do? I got to get $20,000.
Well, how do you do that? Okay, well, I’ll just need to make a few phone calls and call the right people and do a deal. It’s amazing how you can just kind of like your mind starts thinking differently.
And so I think really there’s a lot of mindset there. Let’s talk about like asset classes because I think one that you kind of mentioned that’s a little bit people don’t think about is kind of yourself as an asset class, right? How you invest into yourself.
Obviously, you also invest in a community. We run the wealth forum. You have your true wealth community, which I know you’re really involved with.
You do a lot of speaking. Talk about asset classes. Like what are there?
What’s out there that you like as far as investing? I know you’ve done some stuff in Fort Worth and maybe talk a little bit about that. But just like right now in 2026, what are you seeing that’s attractive?
Nathan Barkocy: Yeah, this is a great question. And there’s really several ways we can answer this question. The first one, I would obviously answer because we all talk real estate on this podcast is the cash flowing real estate.
I don’t particularly niche too hard if I’m going to be talking on a podcast about generic real estate. If it’s cash flowing, then it works. So like you just said, I have a luxury town home portfolio in Fort Worth.
That’s great. It’s multifamily. It’s cash flowing. That’s great. I’ve focused on a lot of land flipping before, I’ve done a lot of land deals.
And I’ve done a lot of RV park work and I love RV parks. Also self-storage. I’m a partial owner in a couple self-storage projects and multifamily is, I think, un-non-negotiable.
That is, I talk about recession resistant. All of those asset classes that I just mentioned are technically recession resistant.
But multifamily is here to stay, and that’s what, obviously, all of the people that are in our network. I also work with Marcin Drozdz with M1 Real Capital, and he’s a coach for me on raising capital, and he is just an absolute master class in the real estate multifamily side, and same with what you guys are putting together.
You guys are absolute leaders in the multifamily industry, and so that is an asset class that I think is something that is always going to be there, and it will always be cash flowing. But the biggest thing, as an overall umbrella, is the fact that we just need to be focusing on the stress tested, cash flowing real estate because that type of asset class is getting us forward.
And then, yeah, you mentioned, of course, increasing your own knowledge. That is the most, that’s the number one thing that anyone can do.
If someone’s listening to this podcast and they’ve never invested before, the number one, the very first step that you take is you listen to more podcasts, you learn, your increase of your knowledge, of your understanding, that’s the first step. And then, once you gain that understanding, the next step is to build those relationships.
Get yourself in the right rooms because when you’re surrounding yourself with people who have performed, then you just follow along. My dad always told me, show me your friends and I’ll show you your future so that’s what I would say.
Bronson Hill: Yeah, so that’s good. We have done a lot of multifamily the last couple, two, three years. We found rates has been, it’s been hard to find that cash flowing real estate, right?
So there are things, I think there are short-term rentals at mobile home parks we love. There are things at RV parks, things that can flow, cash flow well. Nate, what do you find in today that you like as far as an investment?
What are some things that you’re jumping into?
Nathan Barkocy: Yeah, and I like how you mentioned rates.
Bronson Hill: I’ll go Nate and then I’ll go Nate and I won’t answer that too.
Nate Hambrick: We’ll never know who Bronson is referring to,
Bronson Hill: I’m confusing at all.
Nate Hambrick: You know, it’s funny I feel like such an old soul the more boring the better. The assets, I had a friend we did a pool, get together with some of our friends yesterday. And he asked me like what are the investments you’re most happy with? And I kind of chucked I was like the more boring the better.
Like the investments I am most happy with that I’ve done over the last two to three years are the most boring, generic, vanilla. Like I you know those old billionaires and you’re like wow, they’re really boring and they they have a billion dollar That I can see myself going that route. I mean boring is just been incredible. Obviously, we’ve talked a lot about the the debt fund and just like getting paycheck every single month you know exactly what you’re gonna get.
It’s going to be there. It’s gonna show up. You’re not questioning if something’s gonna go wrong. It’s just there, and it’s absolutely incredible.
But I was gonna ask you, Nathan. I’ll kind of flip it over to you, kind of to take this at slightly differently, because you’re one of the few people I’ve spoken to that has died. I was curious.
What are some beliefs that you have about money that are different from the way others people see it? Just because you’ve lived such a different reality than most people.
Nathan Barkocy: Yeah, great question. I mean, this is, this is really where true wealth comes in, right? We’ve, we’ve talked about how true wealth goes beyond just the dollar. So you’ve asked about money, right?
So it goes beyond just the dollars. It gets into the, like I said earlier, the person you become and the life that that allows you to live.
And so, when you’re building true wealth, you were allowing your dollars to work for you. You know, this is what multiple streams of income. It’s so important.
We have multiple tiers of my true wealth community, and the Builders tier, which is my first tier.
We really just work with people on building out multiple streams of income, diversified portfolios.
I have a coach who brings them up to a million dollars within five years, and that’s a strategy that we use with them. So we can help them hit million dollars by five years at the latest.
I personally have focused on real estate specifically to really scale the net worth, but allow it to cash flow continuously as we move forward.
And then, of course, leveraging other people’s capital, and that’s what I love about capitalism, you know, is because we are leveraging OPM, right? Other people’s money, to create multiple streams of income for them.
We’re creating real assets for ourselves, for our entities, for our legacy, and then it’s just so it’s a win-win-win type situation. When you’re creating that cash flow, when you’re creating the real businesses that provide a service to a larger population who are in need of that service.
You are, everyone is winning all around. There’s no losing, and so that’s what I’m very passionate about, if everyone’s going to be winning. That is heaven on earth.
Bronson Hill: That’s a so about creating that win-win-win, right? Because there’s people we know, and this is the thing we talk about a lot, just the different people on this show as well. It’s in the wealth forum and just places where people can have all the money.
And I’ve seen it in entrepreneurs groups where it’s like, man, they have just done next level everything, but their family’s a mess, or, you know, you just see their priorities, or their work 80 hours a week, or just it’s, it’s the life that you’re not seeing, kind of that true wealth, right? That whole balanced everything.
Where do you, where do you, what are some other areas kind of you see investors kind of like mistakes investors make as they’re getting started? They’re like, “Oh, I want to do this. This sounds amazing,” and then they get distracted. Or what are some of the things that they kind of like can fall into?
Nathan Barkocy: Yeah, this is a great question.
I would say, because you said getting started, I would say to not believe the hype, right? There’s a lot of people that say, like, “Oh, at your real estate, you’ll become a millionaire in like two weeks,” and, man, that’s not how it works, right?
And so it takes time, and the number one advice I would have for anyone, especially those people who are just getting started, is to find that mentor, right? To find that person who’s made the mistakes, right? Who’s, who’s lost that.
I mean, I’ve lost a lot of capital, you know. I’ve put placed large capital on a lot of projects. Some of them were frauds. They just walked away with my money. Some of them were not what they promised to be. I had contractors pocketing the money that I, you know, I thought was, was going where it needed to go, but it was not.
So you have to really vet your team, and by doing so, you’ll be able to grow the capital successfully. But that’s only possible when you’re working with people who have made the mistakes already, you know.
My, my goal is to help other 20 year olds not make the same mistakes that I made because they were painful mistakes, you know.
Bronson Hill: Yeah, well done.
So I guess let’s talk a little bit more about where we’re at right now, and obviously, you know, there’s education and there’s action.
I found sometimes we can get the people that are gurus, or they get in a teach, and then it’s like, “What, what can actually do? What am I actually doing now?”
And so we’ve started a new project locally after the fires here in Alta Dina, in Los Angeles, where going in and basically buying some land and putting these manufactured homes and permanent foundations. And it sounds way better than it, like, I’m sorry, it’s gonna look way better than it sounds, right? But it’s gonna, it’s gonna look much better.
But I found this to be a great strategy that I could make, you know, potentially 500k to a million per lot doing this, right, if I do it right, right?
So are there any strategies you’re finding, like in your networks, that you’ve heard you like, “Wow, that’s a really cool. I love that approach,” or, “I love, you know, in 2026, here’s something that I should really think about because someone’s really crushing it here?”
Nathan Barkocy: Yeah, and I love, it’s funny you mentioned that because what you’re building, when you and I had dinner. We were sitting down and you were telling me about exactly what you were building. I thought to myself, that is the, the coolest thing that’s happening in the marketplace right now. And I would love to dive into that.
So you just answered your own question, really, and I can, I can play into that as well.
I was participating in a large master plan community development, and we were working on a lot of pre developed homes. Shipping them, building them off-site, shipping them in after we prep the land.
And we can just, you know, Lego piece, right? You just plop it on the land, and then you, you automatically have a primary residence for someone, and you can flip land very easily in that regard.
That is something that I was doing. Like I mentioned earlier, I was flipping land for a little bit of time. And I really like that because of the minimal overhead, right? There was such little overhead during that time when I was flipping land, and that was fun. That was a full-time gig for me.
And now I’m transitioning more to this, you know, entrepreneurial coaching and just bringing together the community of like-minded entrepreneurs that are faith-based because that’s what I’m passionate about.
But if you’re obviously committing your time to building out these portfolios or to operationally, I’m having an operationally successful real estate focused business, then yeah, I mean, of course I would look into kind of these prefab development homes that you can just plop on to the land after it’s developed, and I think you’re doing that exact thing right now.
Bronson Hill: Yeah, Nate, what about you? Anything else that you’re seeing that you said you like the boring investments. But anything that you’re keeping around.
Nate Hambrick: Nothing that we haven’t talked about. I’ve really focused on because my passive income has gone up a lot over the last year. I got to the point where all my major bills were taken care of.
Now I’m over double what my major bills are, and just I think the, for me, just having consistent cash flow, I mean, it’s a complete mindset and game changer just from, like, a mindset perspective because a lot of the stressors that people deal with every day of making rent, unexpected bills, stuff happens to the kids, you need braces, just all that stuff is a lot less stressful when all of your major bills are covered, right?
And that doesn’t mean you stop working and you become a lazy bum, you sit around forever. But I think that, for me, is kind of like the gold standard of if you can invest something that you know almost exactly what you’re gonna get. That’s worked out really, really well for me.
And maybe I should look into some flashy, flashy investments, in the words of Dave Ramsey, a real estate deal with a double back flip and a twist. But boring is, as, as worked out very, very, very, very, very well.
Bronson Hill: Well, I think, I think too. Yeah, I mean, it doesn’t have to be flashy. It doesn’t have to be.
I do think, you know, things change, what’s available. Obviously, I like this pre fabricated home idea, but there are things out there that are unique.
I mean, there’s some trying to get some stuff that I’ve been Kimayana. We’re looking at oil and gas is interesting. We’re looking not only at the oil side, but also the gas side, where you get the tax benefits, but you get just kind of a stable stream, and it’s less, you know, it’s less sexy on the upside, but it’s just stable. It’s just steady and lasts a very long time.
And so there are those type of things, but I think there’s always going to be opportunities out there in real estate. And again, if you have a long-term view, I think the challenge is the cash flow part, and it’s just really growing. I think for a lot of people, you know, six years ago with COVID, there’s a lot of money sloshing around, and now that’s more challenging. It’s more challenging to find money. It’s to find the right type of deals and stuff.
So, Nathan, just want to ask you, first of all, I just want to celebrate the value you’re bringing to the marketplace and really the way you’re really developing people, you know, of young people, you know, people in their, in their mid-career, people that are further along, and really creating that in the community.
Talk to us a little bit about your community and how people can get in touch with you.
Nathan Barkocy: Yeah, absolutely, and I think right now this goes right into what Nate was talking about with the marketplace.
I mean, there’s a lot of people, six percent rates, right? So a lot of people that are just wanting to sit back, and they’re afraid. They don’t know what to do because rates are up.
You know, cash flow may not be as possible as they see, but really, when rates are higher, maybe the deals that didn’t pencil in 2020 are going to pencil today. But rates are a cost input, right?
So they’re not a ceiling. You just have to know how to structure this right, how to push that cash flow, and really looking at it, you know, you have to make sure that you have your, your real, real debt that’s at a good rate, as opposed to crazy debt.
You know, so, so watch that credit card debt, and there’s a big talk about Dave Ramsey here. So I don’t agree with Dave Ramsey on a lot of things, but you have to be smart, and you have to know how the dollar works. And that’s accomplished, I mean, you’re able to accomplish that understanding through a lot of books and through a lot of communities.
And so, but this is an exact question to your, I mean, an egg, an exact answer to your question, is that I’m very passionate about helping people understand how the dollar works. How leveraging works, how you can use debt to create real cash flow.
And so that’s the first tier of my community, and answer to your question is, you know, helping people to gain financial literacy, just like Rich Dad Poor Dad, right? Just like my book does on the very, the very base floor level, right?
And so the, the builders tier of my community is helping people to increase that financial literacy, helping people to build multiple streams of income, helping people to either get started on their real estate portfolios, get started on their investment portfolios, or begin to scale.
Then my next tier is the inner circle, the advisory circle of my program. I’m working with people who have already exited a business successfully, or they are scaling their business, and they’re cash flowing, you know, above, above six figures every year.
I’m working with them to leverage that cash flow, right, to leverage the successful exes of the business to continue to scale their current operational business or expand their portfolio effectively, you know, while, while not losing their soul, not sacrificing their soul along the way, or their family, or their time.
Bronson Hill: So Nathan, how can people reach out to you?
How can they connect with you?
Nathan Barkocy: Yeah, the best place to find me is NathanBarkocy.com. So that’s NathanB-A-R-K-O-C-Y.com.
I’m sure this will be in the show notes, and anyone could reach out to me there. And I’m available on all social media @nathanbarkocy.
Bronson Hill: Awesome, thanks, Nathan. Well, sit tight for a minute here, and Nate and I are going to just debrief the interview here.
So, Nate Hambrick, I thought this was a great interview. I think one thing I really appreciate about Nathan is just his perspective. Obviously, going through a near death or death experience, that changes the way you see everything.
I have a friend who was 16, similar to a kind of story. At 16, he was given a terminal, you know, diagnosis, and then he went to a prayer meeting and feel like God healed him. And he has this kind of old soul about him. He’s about 30 now.
But it’s amazing what that perspective can do and change really what you look at your life being. And if somebody’s 90, it’s like 90 years old, it’s like just having another couple of years. Like, that sounds like wealth, right? It’s not the money, it’s actually the life itself.
So that was a big takeaway for me. What about you?
What are some other takeaways that you got out of this interview?
Nate Hambrick: Yeah, so two main takeaways. The first was just a quick reminder that we’re eternal beings, and we are going to end up in a different world where none of our earthly wealth will go anywhere, right? And so that’s always a great reminder.
But I think the bigger thing that Nathan reminded or brought up is. And I don’t think we talk about this enough with passive income. Most people who talk about passive income talk about what it does for me and my family and my friends.
What we don’t talk about is the oil wells that we own, how many different people we’re providing for their families. How many different products that creates, how many things it does for those people’s families and their friends and the families they impact.
It’s impossible to calculate the impact that one passive, we call it a passive asset. But that one asset is affecting tens of thousands of people. With the oil wells, millions of people, with the products that use oil in them, which is basically everything, for better and for worse, right?
And so keeping that top of mind of we’re not just here to create wealth for us and our families, although that is important, we’re here to create an impact that isn’t connected to our time because I only have so much time to invest in other people.
And I will use that time to invest in people. But if I can build something or invest in something that’s independent of my time, that helps hundreds of thousands or millions of people, it’s my duty to do so.
Bronson Hill: Yeah, that’s it. Now, it really gets down to the idea of like, whatever I invest in, I’m perpetuating that in the world. So there’s certain things I don’t invest in because I don’t believe in them, right?
I don’t have trouble investing in a pawn shop or a casino or something. I’m not against those things necessarily. I just would have trouble because I don’t want to see necessarily more of that in the world, right? I have other things that I’m passionate about that I want to develop in the world.
So, appreciate you our audience being here. Thank you, so many of you. I get comments that you have, you know, enjoyed this, been listening for years. So thank you for that.
Please do reach out to me personally if you haven’t. I’d love to have a call with you. You can join our investor club. We’ll set up a call.
And we’d love to set up a call to learn what you’re working on.
So, appreciate you for being here. We look forward to seeing you on the next episode of The Mailbox Money Show.
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