229: Biking 2,000 Miles in 13 Days to Raise $1 Million with Matt King

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Today I’m talking to Matt King, CEO of GoBundance, host of The Matt King Show, and Chief of Staff for a family office managing high-level investments and operators.

 

Matt is about to ride a bike 2,000 miles from Mexico to Canada while giving away $1 million to people in overlooked communities across America.

 

We get into how he thinks about balance, why he believes entrepreneurs should stop chasing net worth and focus more on cash flow, and what he’s learned reviewing financial statements from ultra-high-net-worth investors.

 

We also talk about how GoBundance scaled from a small mastermind into a 900-member community without destroying the culture, the investing mistakes he sees over and over again, and why the best operators are usually the people willing to admit they don’t have all the answers.

Mic Drop Moments

  • “It’s not about having to have all the answers. It’s about knowing the right people and just being incredibly resourceful to find the right who that can help me navigate whatever pops up.” – Matt King
  • “I actually believe that our life is supposed to be lived out of balance in the season that we’re in.” – Matt King
  • “I think actually balance for me is a sign that I’m not doing enough.” – Matt King
  • “Life is not lived shoulder to shoulder. Life is lived face to face.” – Matt King
  • “If you can’t write it on a napkin, it’s too complicated.” – Matt King
  • “I don’t want to invest with somebody that has all the answers. I don’t want to invest with somebody that’s only won and never lost because like that’s just not reality. That’s not life.” – Matt King
  • “You have the right, the authority to ask any questions you have for somebody that you’re giving money to, period, full stop.” – Matt King
  • “If they are unwilling to give you the information, you’re not missing out on a deal. You are saving yourself a headache.” – Matt King
  • “It’s amazing what happens when you actually just look at something every single day, how much stuff actually gets done because it’s top of mind and it’s in front of you.” – Matt King
  • “You’re an entrepreneur. You are going to fail. Get used to it, enjoy it, embrace it, and do it as quickly as you possibly can. Because on the other side of failure is the knowledge and the awareness you need to move in the direction, ultimately, you and your business need to go.” – Matt King
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