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The Wealth Formula – Buck Joffrey

By August 26th, 2024No Comments

Welcome to another episode. Today, we’re thrilled to have Buck Joffrey, MD, a surgeon turned entrepreneur and professional investor. He is the host of Wealth Formula Podcast, which focuses on investing outside of Wall Street for high-income individuals. The author of the international best-seller “7 Secrets of Eternal Wealth,” Buck is also an active real estate professional with over $1 billion AUM.

In this engaging discussion, Buck shares his journey from being a physician to a full-time entrepreneur and investor. He provides valuable insights into mindset, the current market environment, and the steps necessary to transition into investing outside of traditional Wall Street avenues. Buck’s approach to wealth building is both practical and profound, emphasizing the importance of mindset and continuous learning.

Whether you’re a seasoned investor or just starting out, this episode offers key takeaways to help you navigate the complexities of wealth building and alternative investing.

Tune in now to gain exclusive access to Buck Joffrey’s expertise and discover how to apply the wealth formula in your own life. Don’t miss out on this insightful episode!

Get my new book: https://bronsonequity.com/fireyourself

Full Transcript:

Bronson Hill: This is the Mailbox Money podcast and I am Bronson Hill, as a busy professional I wrestled with how to grow my income without taking up more of my precious time. I learned that managing real estate actively trading stocks or being unable to scale up investments is not passive investing. This is the place where you’ll discover new asset classes develop investing skills and learn from experts how to become financially free with less work than you thought possible. And now get ready for truly passive income. All right, welcome, welcome, welcome.

I’m so excited for this episode with Buck Joffrey Wealth Formula podcast amazing talk about mindset about what’s happening in the market right now, about the things you need to do to get to the next level a lot of it depends it’s really how you think about yourself. And so, it sounds simple but super profound and it can absolutely change your life. So, let’s jump in.

Welcome to the Mailbox Money Show.

I am Bronson Hill. I am joined by the amazing Buck Joffrey, Dr. Buck Joffrey who has the podcast called the Wealth Formula and has written some publications and has raised hundreds of millions of dollars for real estate and other alternative assets. Buck, welcome. Welcome today. How are you doing?

Buck Joffrey: Alright, how are you buddy?

Bronson Hill: I’m good, man. It’s good to connect. It’s always good talking with you I love talking with you because I feel like I always learn something I mean you are into, you know biohacking we want to touch base on that. Contrarian investing you’ve interviewed a lot of on your podcast.

Would I recommend people? Check out the Wealth Formula and you know, you have an economist on there and different types of experts. But I wanted people to hear a little bit we’ve had you on the show as well. So I encourage people to go back and check out the first version or the first episode of the show as well, but you went from being a physician to a full-time entrepreneur and investor and I love to understand the journey, you know, my background is medical sales I saw a lot of physicians that were making good money. But for some reason you had that like and you had you weren’t just like hey, I’m a physician. You were like a very high paid physician. You had a lot of money coming in from that, so what was the some of the impetus to make that decision and that transition for you?

Buck Joffrey: Well, I mean, I think I just started out the way that a lot of people who are good in school start you know, I mean you just you kind of just go through the conveyor belt of what’s next and you know you end up you go to college and then you like, okay Well, what do I like and what do I want to do?

And usually, when you’re a pretty good student you’re gonna you know, you’re starting to think about okay well, maybe I go to medical school, maybe you go law school, maybe go to business school and I was on that conveyor belt I think just and ended up being a biochemistry and molecular biology major even though. I also was you know, I love history and all sorts of stuff, but really for me it was like, okay just thinking about like what to do next and then so then I went to medical school and That’s funny I the you know, I started out in neurosurgery and The the funny thing about the way that started was I was listening to on the way my drive to medical school at North to Northwestern. I was and I lived in Minnesota. So My parents were in Minnesota.

I drove to school to Chicago and I was listening to like some Station, it’s like National Public Radio or something and in Ben Carson, you know, the famous. yeah neurosurgeon turned on there at the time He was just the famous neurosurgeon and he was talking about how neurosurgery was you know all these cool things about neurosurgery and I was like fascinated and he’s and in the ladies like. How do you how did you know you were gonna be good at neurosurgery and he said well I was always always really good with hand-eye coordination sports like like ping-pong and I was like, holy shit.

Bronson Hill: That’s so funny. I wanna stop you one second because I’m ten years medical sales, you know, I was working with cardiologists I know they kind of if people don’t know like they’re working. They’re looking at a screen using the energy and they’re basically using their hands and they’re feeding little wires into people’s hearts and their legs everything and it’s kind of it’s the eye hand coordination.

I was like these guys just play video

Buck Joffrey: Oh, it’s totally that right? So I was like I was so I heard that and then when I got to med school when it was orientation I was like, oh, what do you want to do? What are you gonna do?

I’m people going on be a Cardiologist. I want to be a pediatrician. I was like, I’m gonna be a neurosurgeon. And it was really just because of the Ben Carson show. And I didn’t know what else to say. Well as it turned out I ended up doing that I did like the brain and all that stuff and I also probably he was drawn to it because it sounded cool. And it was good for my ego but I ended up not not staying there for a long and ended up being cosmetic surgery, but at the end of the day, you know, I was a victim of one of the purple books, you know the Robert Kiyosaki books. Yeah, which I read right after training and kind of got this bug and it wasn’t real estate bug necessarily entrepreneurial bug just trying to understand, like how can you make money outside of being working for somebody just never even occurred to me. It’s so strange, right?

Like it never occurred to me that you could work, you know that you didn’t have to like work for somebody. Which is a stupid thing is because my dad had been doing it for like 50 years already by that point, right? Like you’ve been in real estate, but I just really never took him seriously so so I got the bug next, you know, I wrote I drove, you know. I really just my practice they kind of ran it as a business cosmic surgery business big marketing budget blah blah blah and I’m buying a bunch of apartment buildings on my own. And I Got lucky too with those apartment buildings because I was in Chicago and I bought them in a neighborhood called Pilsen, which like was just starting to like pop in terms of and and so after two years I sold everything for like five hundred percent returns and it was insane I was like made like, you know, it was like three or four years of income for me from already a high income amazing, you know So I was like, this is awesome.

I love this I started podcasting about real estate and alternative assets the next thing, you know, I started the investor group and we started, you know buying apartments and other assets across the country. And in much bigger forms, you know, like 50 hundred hundred fifty million dollar buildings that kind of thing, so yeah, that’s the story man It’s just kind of like one thing led to another and I just I just followed it sometimes it’s pretty remarkable. Just even look back at it and think what how one thing leads to another but that that’s what it is.

Bronson Hill: I think that’s it’s really an interesting concept. I think for people that are successful.

I’ve watched, you know well, I’m there like how did I get here and it’s like well I just kind of put one foot in front of the other night it was open and I was really curious and I saw somebody doing. Something and I think that the people that sit on the couch and don’t do anything. They don’t really see those things but like for it sounds like you as well and myself. It’s just well We’ll take those actions. We’ll take those steps.

We’ll try to say well, you know, maybe it’s I call them I call them low-risk experiments because for a while you still have your job and then you’re like, okay I’m already doing this in my own money might as well bring some investors and let’s try it out.

Buck Joffrey: Yeah, yeah, it’s kind of that and it’s just little things that you do and I’m not even just talking with these these things ended up being really big but like, you know just I remember even when I decided to leave neurosurgery. And I was looking for residency programs to like switch into because I was looking to had an act non neurosurgery stuff. And I was like, what should I do? I don’t know I guess they just I’m gonna write letters to a bunch of programs across the country and see if I get lucky and sure enough, I got lucky.

Yeah, and you know what I mean? Like it actually, did that they actually like wrote letters to share people and yeah I got lucky and similarly like sometimes you do one thing thinking something’s gonna happen good and and something else happens and just another experience I had is I’m doing another, I’m launching another podcast. It’s sort of more one of the tech is sort of more produced ones that’s gonna be launched with in conjunction with the imagine Ron Howard’s company on podcast which is like a I call Longevity Junky and it’s gonna come out in the fall. No, and you know, they wanted me and then they wanted as an MD longevity guy with a lay person and it turned out I had gone out like a tape well with this model a couple times in like a couple years ago. That she was really into longevity and they were like do you have any idea who we really looking for is somebody, you know, maybe somewhat high-profile woman who’s not in medicine, but who’s really interested in longevity I’m like, oh, yeah. And the next thing you know, I have a co-host in this program, right

Bronson Hill: Awesome, yeah.

Buck Joffrey: It’s like just you know things just happen and you just got to keep a mind open and just you know ask the question that no one else is asking and see if it worked, you know well, I think there’s a couple of lessons that one is the the harder I work the luckier I get. You know being willing to work hard and also being willing to just try new things and turn new stones over It’s like I think a lot of there’s a guy named Cody Davis is a little off the top of me Davis. He’s at 19 years old he started basically finding this method of just reaching out to local owners of multi-unit places and now it is 24. He’s got over 200 multifamily units with no money out of pocket how I did it was just getting coffee with people and saying I’d love to hear about your success not pitching anything. And then just when they get together you kind of realize they have a need you can help them. And so it’s just it’s amazing a lot of those things It’s it’s the question right of you know, if people go from I can’t do that to how can I do that? And I have some of those moments. I’m like, how did I get here?

How do I get to be raising all this money later? And you know, yeah, the only difference is that you actually like, you actually tried right? I mean, a lot of people just don’t try it.

And so, you know, you never know if it’s gonna work. Yeah, you know or you try one time and it didn’t work somebody said no, and then you versus was it Colonel Sanders? Like he went to like a thousand different places or something 67 and finally got one to say yes and even I think with Jack Canfield from chicken soup for the soul. They went to like a few hundred editors and they all turned or you know publishers they all said no and that was one of the best-selling books of all time. We’re serious of all time. So it’s why would you sake his book didn’t get published.

She’s so rich at port ad was self self published. Yeah Yeah, exactly. Yeah, I remember him Robert told me that he didn’t even intend that to be really a freestanding book.

Okay. No. Yeah he was he told me that really, you know He was obsessed with the the cash flow board game that he yeah, you know He just thought was this phenomenal and so he wrote the book is a companion book for them okay for the game not thinking that the book itself was gonna be the big hit.

Yeah, the book was that well, they won’t worry. It’s obviously but the but the book was really, you know, number one Signing of all time crazy, right? Yeah, that’s really amazing Well buck tell us about I want people to be familiar with you and what you do the wealth formula That’s a great name.

But tell us what is the wealth formula to you? I mean, I think like, you know it’s kind of like what we’re You some of some of these things are so sort of basic, right like, you know, it’s just a matter of trying to understand how to utilize real assets to to build wealth, right? how to use some of the concepts of you know Of investing and return on investment and leverage and all those types of things In a way that makes sense.

I think you know obviously, I’m all about alternative assets in real estate and that kind of thing I think it’s an area that a lot of people a lot of people don’t really get involved with because it’s not it’s not part of the Wealth manager type thing, right? It’s usually not something that’s offered there the private investment stuff There’s no question. There’s there’s some risk there, but It’s also the alpha, right?

It’s it is the alpha. It’s where you don’t really make the higher return so so I really focus on that. I really focus on different ways of Hitting that and we’ve had sort of increasingly sophisticated manners in which way to present opportunities To do that.

I mean a lot a lot of it has been real estate, but you know, it’s not all real estate There’s other ways to make money as well so But yeah, that’s right. That’s what the wealth formula is me and my show itself though is really focused on a few things Well formula podcast is I talk a lot of big picture as you know I talked to a lot of economists to talk to a lot of You know thinkers and I talked to I’ve you know, occasionally we’ll have a lot of sort of personal finance things like tax elements or asset protection estate planning all that kind of stuff and In fact, you know I did if you know, there’s a easy plug for if you don’t mind sure, I used to I had this course a wealth formula roadmap and It was a your roadmap to real wealth and it was about eight years ago I did this course. It was with Tom Wheelwright as you know, Kiyosaki’s CPA was my CPA as well And and then Kenny McElroy and you know a bunch of these big guys and I did it I did this course and I was selling it afterwards for like two grand I But you know, it’s eight years old. So I just decided to just give it away now So if anybody wants it, it’s it’s still got a ton of useful information.

He probably the most extensive asset protection lectures you’ll ever see between Kevin Day and Doug Ludmell there, but it’s It’s a wealthformularoadmap.com. You can just go there and like just download it for free. But um But yeah, I mean it’s really been just for me a matter of taking these concepts that I’ve learned along the way Have been fortunate enough to you know to learn from my own advisors and things that I feel like most I pay professionals really are not necessarily automatically given access to that you have to search for it and so that’s what I’m trying to provide on the show.

So so it’s interesting. My first book would fire yourself was how to replace your working income, you know with passive income and out of the world of alternative investing for the professional Physician for the business owner. I decided write another book called rich brain. How the wealthy changed their brains to change their bank accounts.

So it’s kind of like the wealth habits, what would you say when you know, I know I’ve had over 2,000 calls with high net worth investors You’ve had a ton of calls your teams, you know, you’ve worked with a lot of physicians. What are the things that you think? Like, people that are wealthy and grow their wealth effectively do that people that are either not wealthy or they’re wealthy. But they’re not effectively growing their wealth or applying some of these like what are there any some habits that you would see these are key to that so I’m a big you know I’m as much as a scientist as I am and a medical guy I’m a big believer in mindset and psychology and It’s not something that I spend a lot of time on personally but I’m wired in a certain way that I think that that really helps me and So I always think I think about like wealth in particular like How much money you make like what are you how do you identify yourself? You know, do you identify yourself as a hundred thousand dollar guy? or do you identify yourself as a half million dollar guy or multi-million dollar guy or whatever and to me in your own head and I really believe this is true.

There’s like this thermostat that you set and you’re very likely to come back to that number no matter what? Right. And so the challenge becomes how do you change that thermostat?

How do you start looking at yourself and believing that you are actually worth more to the world? then then you actually think you were before and I feel like for me one of the keys to my success and again, this sounds blue has been a fluidity an ability to continuously raise the bar on that thermostat because I think a lot of people it’s really right, like they are going to be they’re gonna make 150 grand a year. No matter what they do, right?

All right and so I think some of its mindset I think it’s about just like seeing yourself on the same playing field as others. And not seeing like people who are a lot more successful seeing people out there who are you know? Wealthier than you or whatever is necessarily different than yourself. Yeah, right I mean, how many times do we do that, you know?

Yeah, I mean even just like Hollywood stars or whatever we look at them like they’re different, you know That they’re not like normal people. They’re always freaking normal people, right? Yeah So I think for me that has been a lot of it And and so surrounding yourself around people like either working with them or in my case I live in Montecito, man.

It’s like I live in Montecito. It’s like what.

Bronson Hill: I will get to you with Oprah, you know

Buck Joffrey: I mean seriously like I when I moved here I was like I mean I and when my neighborhood in Chicago where I lived there I thought I was kind of like one of the bigger fish And I came here and I’m like, dude, I’m like I’m like working glass at best here You know And so all of a sudden you’re in the middle of this kind of thing and it’s easy to sort of like it depends how your body responds to it, but mine sort of rose to the occasion like I Started feeling like I was you know, yeah one of them rather than you know, I mean, yeah

Bronson Hill: Well, there’s there’s a huge thing.

You said a couple things one is kind of the mindset and really I think it’s Bernie Brown talks about this in her books I love her work who the gifts of imperfection and some other books. But she says that what separates really successful people and those that aren’t or people that achieve great things a lot of people just the people feel they were worthy of it right, so it’s almost like a like if I feel like I’m equal to these amazing people in the beginning it kind of feels like an impostor like who might it be, you know with these amazing people and I’ve had some of those moments where I’m like, dude I’m sharing the stage with Ken McElroy or these amazing people.

How is it even happening? But again, it’s like you said continue to push the bar, but you did something really great, toos you know, there’s that quote by Jim Rohn. You’re the average of the five people you spend the most time with and it’s true of almost every area of life So somebody listening it’s like if you look at your health you look at your habits You look at your your wealth you look at your spirituality you look at your you know Relationships like you’re gonna be average of kind of all those people around and so what you did now Is was there some setting too of like when you’re there like that’s even a mindset thing of like, oh my gosh I’m neighbors with Oprah and all these like do I even belong I’m the right neighborhood, you know Is that like how do you kind of continually raise the bar for yourself on that?

Buck Joffrey: Well, I that’s what I was saying is like, I don’t know You know, I think some people sometimes have to use some tools and I think that’s where the manifesting and all that stuff, but I’ve always just been wired that way It just seems to happen to it just happens in my head automatically and and in the next thing, you know Like, you know, I for some reason I’m I’m like a big shot in my head. Yeah It’s like it’s like quietly cocky right, you know, you know situation and you could just own the room, right? You come into it and then you’re like this is different right and then the next thing, you know All of a sudden it’s not so different, right?

Good But it’s you know, it’s just It’s it’s at the end of the day. It’s you know, the same problems. Everybody has the same problems.

Everybody has the same issues It doesn’t matter how much money you’re making you’re always like in the back of your mind worried about going broke or something bad happening. I remember, you know Jerry Jones on like a you know The Dallas Cowboys are I remember him like he was on like 60 minutes or something and he started like crying and and they were like Well, what are you crying about and he was like freaking out about how he could lose it all one day and stuff.

There’s a guy who’s like riding around in a battleship, you know, like so people are the same trying to like not look at people as inherently somehow better than you because they’re not the only difference is some people like you and I, you know. We think of ourselves as guys who took risks guys who did things that others didn’t do. and you know the the people that maybe You look up to or I look up to now and think wow, how did they get there?

They might have just done something Just pretty much the same but they pushed a slightly different button. Yeah

Bronson Hill: But some of his timing and you know There’s the saying it’s better to be lucky than good Sometimes you know people hit the right time and then they grow into it or they and I’ve experienced that in my life too Or I was just you know at the right time and doing something. Well, that really works That was great.

Other times it’s been like, oh man, this did work so I think sometimes when things are good. We think we’re better than we are and then when things aren’t we maybe think we’re not as It’s kind of a wrestle between like overconfidence and like I’m our imposter syndrome so, it’s like it but I find that’s like so much of this I 100% agree so much of this I think it’s any passive investor or anybody who’s doing this. You can feel the same because if you had a deal that went well.

You think I’m amazing and then I’ve seen some people like I did some stuff in Cleveland just when I was first starting out some single-family stuff and then I decided to do much bigger other stuff and had a friend who kind of followed me doing some of that stuff and I did very well there and he just kind of got destroyed there because he did some things wrong.

He didn’t get a property manager. He did some things that were just terrible and like losses shorts and he like I don’t know if he’s gonna invest again Like he just one of those guys that like he took a defeat and so I find a lot of people they they either get stuck in analysis paralysis or they have one defeat and then they basically feel defined by it and so it sounds like you’ve had some tools that have really helped you on that way are there certain books or just getting around people and kind of bouncing around or journaling or what? I guess some other ways manifesting. It sounds like there’s some other paths that have kind of

Buck Joffrey: I don’t I just tend to reason with myself.

I talk to myself a lot, you know because no one else wants to talk to me about

Bronson Hill: You can always talk to yourself.

Buck Joffrey: They don’t want to talk to you I know it wasn’t like me, but I literally was sometimes you have some conversations where I’m like in my head and I’m like, you know right now as you know This is this has been a very unusual time like just in the alternative ecosystem It’s been a lot of weird stuff happening and stuff like that, you know Well, we went we went a good 15 years without anything but good news and and all of a sudden we’re having you know, we had obviously we had inflation go up really quickly and and and interest rates follow up and and that changed the ecosystem for For real estate and any number of things and then you know. We’ve seen the ecosystem some of the other things that I exploded in that kind of thing.

It’s really important to I think make sure that you don’t give up in these situations because listen, I mentioned before like with real estate It’s the alpha, right? There’s no way I mean, I’ve made I made a lot more money in my life then I would have had I just stuck around as a doctor. It doesn’t mean I haven’t had losses I have had losses but like, you know, the magnitude of the winds often are so significant that what you’re trying to do is you’re just you have to keep rolling with it.

You can’t just give up if you give up that you’re just looking for average and that’s fine, too If that’s all you want, but it’s not what I want so I think a lot of it is just that and also like for example, I was talking to a guy today about you know, a fairly well of actually a fairly large guy was the big landlord. And wanted to know if I was interested in potentially doing some stuff with them and he’s done pretty well you got a you have to you have to look at these times right now as is as brutal as they are. You know the Warren Buffett thing about buying, you know being greedy when others are scared. Yeah, and then being scared when others are greedy.

Well, we got pretty greedy. I think like and you know I think across the board people got greedy. We probably had some greed and that kind of thing and it did bite us. But at the same time I think right now it’s hard to get people in the mindset that there may be some serious deals here, right.

And there’s gonna be people who bite on those and when they bite two or three years from now They’re gonna be super happy. They did that.

Yeah, but that takes coronary arteries, right? That takes coronary arteries to actually go in and say yeah, I might have lost some money am I taking some hits? But right now I know rationally Everybody else is afraid there’s distress if there’s opportunities.

I should be buying even though I’m scared

Bronson Hill: Yeah, exactly. Well, and that’s we’ve seen I love you brought up that we’ve seen some headwinds, you know, Covid Yeah, it was it was it was at first a big oh my gosh The sky is falling and then it was like there’s money everywhere the PPP all these different money programs People how they printed all this money. It was a 40% ish new creation a new currency over a month period So we’re seeing the effects of all this But now it feels like things have tightened up a lot of the government pro other things So people are feeling a lot of people are feeling it or they’ve had some losses or things but you’re right I mean it really investors psychology It’s it is it’s the you know, be greedy when others are fearful and even Warren Buffett says the number one Attribute of a great investor is temperament, right?

Buck Joffrey: Well, let’s put this in perspective, right people were people got their asses handed to them in 2008 2009, right? Right and but by the time 2014-15 came there was already froth Right There was already it was a bi frenzy and the fear was gone, right?

And so people actually did well, even if they bought obviously in 2015 2016 and so on because it was a long ride But the people who did the best were the ones about in 2009 2010 oh, yeah, and so this isn’t that long ago I mean granted if you know, like I feel like I’m getting old now, right where like they can look back and say, you know 15 years ago wasn’t that long? But it wasn’t the cycle that was like the last major thing and think of all of the money that has been made in the interim between that time and now Yeah, right like You have to like just keep this all in perspective and not just sit on your hands A lot of people will a lot of people are gonna just say, you know what screw it I’m not gonna do this kind of stuff anymore. And that’s cool, you know, I’m that’s just like It’s not you know, I just you know, if but if you’re into trying to again push Alpha and trying to make a lot more money. Then you kind of you kind of have to write you kind of have to do this stuff So yeah,

Bronson Hill: Totally no, it’s I think it’s it’s interesting to the learnings.

It’s it’s reflecting in the learning And even from losses and I’ve talked about my book I lost $70,000 in one day and an options training strategy at the time my net worth it was like over a third of my net worth this was years and years it. You know I realized I wanted to learn from something from that and I see people that go through losses and it’s like It’s not a waste if we learn and I’ve seen some people right exceptionally like, you know, multi-million you know a hundred million dollar more, type people net worth and they a lot of them have lost everything a couple times. And it’s just the lessons that you learn the things that you learn the lessons.

Buck Joffrey: What are some my first real estate deal by the way? I lost like, you know, I lost pretty much everything.

Yeah, like three I read Kenny McElroy’s book and tried to go out and do it on my own and and and and I basically bought something in the south side of Chicago and I completely I just did the numbers and I didn’t use my brain at all, no street smarts whatsoever. Yeah, I basically lost everything on it. So Kenny this and you tell him like it’s your fault no, it’s funny cuz I told my dad and my dad’s like why she had come to me I’ve been doing this for 40 50 years and And you know, but but the point is like I could have stopped right then.

Yeah, I could have stopped I lost like 300 grand. Yeah, but at the time that was a lot of money for me. Yeah, and and I could have just stopped but I was like, oh, you know, I’m gonna try this again I learned a lot from that I’m gonna keep trying and then you know ended up making a lot of money over the last 15 years You know, yeah.

Bronson Hill: Yeah, that’s great. No, that’s and that’s the thing you see people they you know They grow and they learn and they develop right. That’s one thing I got from this conversation buck is just your ability to grow and learn and keep reinventing and and finding new things in new ways look any tips you have and we’re gonna wrap up because the time but what tips would you give to someone who’s kind of just starting out and hey, I’m brand new to this I know I should be doing real estate I know I should be investing but I’m busy or you know, my time is really valuable what are some steps to kind of get you can I get your education going there?

Buck Joffrey: Um, I don’t know. I think you know for me a lot of it was like listening podcasts.

I mean I started off Listening to buy it so I started my podcast Yeah, because no one podcast seemed to really speak to me. Yeah, you know, and so I started like Listening this listening that

Bronson Hill: and you’re already talking to yourself anyway, so, you know

Buck Joffrey: Because like at the time I was at the time it was married and my my ex-wife didn’t really care at all involved money and stuff like that and So no one really wanted to talk to me about this stuff and I was so into it especially after like getting into all Robert’s books Yeah, that uh, it was a good place for me to vent and found a lot of online people who you know Were in the podcast ecosystem.

I should say that that were of like mine. So yeah. Yeah, that’s awesome, man Well, that’s great.

Bronson Hill: Well, I really appreciate you coming on today, man I just every time I talk with you guys You know a wealth opportunity wealth of information and learning and stuff. And so how can people follow you? I did write down the name of maybe give the the name of your Course that you didn’t give it away to you and hear about your deals.

Buck Joffrey: Yeah, so it’s just Wealth Formula podcast You can find that pretty much anywhere wealthformula.com is website But the the course itself you can you can download that for free again. It has all those guys on it It’s not it’s not really presenting. It’s not like a deal flow thing at all.

It’s a completely personal finance course That like I used to sell but I’m giving away. So it’s good. It’s a wealth wealth formula road map comm and yeah, if it you know, if anybody if anybody wants to Check it out do so and I’d love to get your feedback.

Shoot me an email.

Bronson Hill: So awesome buck. Well, I appreciate you man Thanks for being here.

I just appreciate all the value you’re at in the marketplace and also with your deals So we’ll have to have you on again, but thanks. Yeah, brother. Appreciate you, man.

Buck Joffrey: All right. Take care, right?

Bronson Hill: Alright, so I hope you enjoyed this episode.

I really enjoyed it a lot I love anything related to mindset finance any of that stuff bringing it together is awesome because there’s this thought of a lot of people Just want to be wealthy But they don’t want to do the things that it takes to be a wealthy person and then you know It’s really is reversed. They want to have the stuff without actually becoming somebody who’s a generous person or can manage wealth or things like that, so you have to become that person first. It’s the be do you have right?

You become that person you start living that way start thinking that way. You start doing the actions that that person that you want to become is doing and then eventually you have the stuff. And so just amazing how if you get that in the right order, it does begin to change your life I hope you enjoyed this episode. We also he mentioned his course on there he has we have a course that we are doing and it’s called the cash flow accelerator course. It is awesome It’s for passive investors to get people excited and understanding. What is step one two three of getting to be a passive investor vetting deals doing all of that?

You can check that out on my website bronsonequity.com. Thanks for taking the time to educate yourself.

Look forward to seeing you on the next episode.

Outro: You’ve been listening to the Mailbox Money podcast!

For more free resources articles and videos go to bronsonequity.com. There you can download your copy of the special report the single best investment strategy during and after a pandemic none of the information shared here is an offer to buy a specific investment and this is for educational purposes only. Consult your financial legal and tax professionals and use your own common sense before making any investment decisions. Thanks for joining us and be sure to tune in next time for more Mailbox money.

Bronson Hill

Bronson used to work as a consultant for a medical device company but switched to investing in apartment buildings to make his money work for him. He started with a single rental property that made good money and, after some advice from a family member, moved into bigger real estate projects. Now, he's all about helping others get into this kind of investment to earn money without having to work all the time. When he's not dealing with investments, Bronson loves to travel, write songs, stay active, and help fight modern slavery through his work with Dressember. He believes in working smarter, not harder, and wants to share how that's possible with everyone.

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