Helping the Next Generation Build Financial Success with Nick & Molly Pastermack – EP 213

Justin Donald: Well, Nick and Molly, I'm so excited to have you on the show today. We've been talking about this for a little while and now it's official. So, great seeing you guys.

Nick Pastermack: It's great to be here.

Molly Pastermack: Good to be here.

Nick Pastermack: Yeah.

Justin Donald: Well, this is going to be fun. I believe this is my first formal podcast with two people on the same screen. All right. I've done one other one where I did this bootstrapping meets VC approach with the Taylor brothers with Chris and Rob and the two different strategies that netted basically the same amount of money in their exits, but they were on different cameras. So, this is going to be fun and I'm thrilled to do this. One of the things that I think we're most excited to talk is about the brand-new program. You know, the Lifestyle Investor Foundations is our newest mastermind, our newest group, our newest community, specializing and focusing around young adults and young professionals.

But before we get into that, before we highlight any of that, I would love to talk about you guys and your path and your journey, because we've made the decision to partner together on this. This is a passion you already have. It's a passion that I have. Imagine if we had learned what we know today 20, 30 years earlier, like what your kids are learning, what my daughters were learning. Imagine if we had that type of head start. And that's what we want to provide for people. So, it was really cool talking to you and hearing that we have the same idea, same strategy, same alignment here. And it's just such a pleasure to partner with a couple that I look upon very highly and very favorably. You guys are two of my favorite members in the Lifestyle Investor community and our premier mastermind. And I can't wait to really dig into all the cool stuff that we're up to and that you're up to. So, welcome.

Nick Pastermack: Thank you. Thank you. It's awesome. I think even, like you said, like with my kids, your kids, the passions that we have to see them grow, it's like there's times where I've thought, "Man, if I could just have somebody else tell my kids those things so they'll listen even more, you know, whatever." Like, you have an amazing daughter. We have great kids as well that are soaking up a ton. But just the idea of having somebody else that could be pouring into them, it was kind of what gives us fuel and excitement for this journey is that we get to do that for so many other parents as well and just be a resource, so.

Justin Donald: Well, I knew how great of parents you were without even digging into like your parenting style because I met both your kids. I met your kids on a boat when we were cruising off the coast there in Miami. And I know you're quite the boatsman. Your whole family are boaters. And I got a chance to see your kids in action and just how brilliant they are and how incredible they are. And so, I knew just from how they showed up that they had to have had great parents. And I thought, "What better people to partner with than a couple that's been members of the Lifestyle Investor for several years who runs businesses at a high level, not just a business, multiple businesses, and whose kids show up the way that they show up and going to adult functions, learning as adults, even though they're just barely getting there themselves or have just become an adult themselves in one of their instances." And so, it is powerful what you guys have done and created.

Nick Pastermack: Appreciate it. Yeah.

Molly Pastermack: It took quite a bit of work but there were people along the way to help us.

Justin Donald: And thank goodness, right? I mean, we all need that. And it gets back to what you were saying, you know, at our live event, our big inaugural event. I was in the hall talking with one of our other members, and she had her kids there, Kim. She had her kids there. And she's like, "Man, it is just so wonderful having them learn these things that I know I've shared it with them a lot over the years, but they just don't hear it the same way. They need to hear it from the person that's younger and cooler and not mom, not dad." And so, this whole thing started by parents like you saying, "Hey, is there a place for our kids to learn?" And that grew into young adults saying, "Hey, I'm not ready. I don't qualify for tribe of investors or Lifestyle Investor.

Is there anything else that you have that you can offer?" And so, it's really fun. And I remember early on in my career when I was in sales training and sales management, teaching things, and then I'd have a guest speaker come and they would teach the same things I've taught and people would say, "Oh, my goodness, I had this revelation and I learn this thing," and they would say it and it's like, "I have been teaching you that for like 5 to 10 years and someone new comes in who you don't know teaches it for the first time, and now all of a sudden you're getting it." But that's the power of another voice.

Molly Pastermack: Yeah. I think our speaker last week did the same thing for some of our group. Nick just got off the phone with one of our members and he had said, "I will never miss another one because it was so powerful," and we just were able to talk with, actually, it was Brock who’s the youngest member of Foundations.

Justin Donald: I love Brock.

Molly Pastermack: Oh, my goodness. Amazing.

Justin Donald: He joined Lifestyle Investor as a 24-year-old young professional. He's our youngest member ever. He's 26 now but wow. And by the way, I have a podcast with him and episode with him so check it out, those of you that are tuning in here.

Molly Pastermack: He did amazing.

Nick Pastermack: Yeah. Brock did a great call but the person I was speaking with was a business partner of mine who's much younger. He's like new, just getting in, and he came on board and it's like, "Man, I've been teaching you these things for a while." But he heard it from Brock and it was like his world blew up. Okay. You know?

Justin Donald: That's right. Brock Fortner is younger, he's cooler, he's more eloquent. He's got all the stuff, right? And so, people just hear it and receive it differently and I love it. That's why we need to embrace it. We just need to know what happens. And that's what we're going to do in Foundations. We're going to teach a bunch of stuff, but we're going to bring in, I mean, one of the cool things is we're bringing in experts, members of the Lifestyle Investor Mastermind. Our preferred vendor list are experts in different niches that this mastermind pays $55,000 a year to get access to. And we're going to be bringing these people into the Foundations community. Lifestyle Investor Foundations members get to learn from these same people. It's pretty powerful.

Molly Pastermack: Yeah. I also love the idea that in their community circle group they have a connection to the foundation or the Lifestyle Investor community group where it's like, "Hey, anybody an expert here or anybody know anything in this field?" And just the go-between between the generations of learning is so powerful.

Justin Donald: It's going to be and I think it's going to be bigger than any of us realize because this is going to be a go-to for young adults who say, "Hey, I found a really good deal and I don't have the money for it," or, "I am a hard worker and want to get ahead and I'm happy to be an operator in someone's business. I'm ready to pivot from corporate America," or, "I'm looking for a partner and I need an older, wiser mentor." And then you've got the people over here in the Lifestyle Investor community who probably have the need for hustle and sweat equity. And they have the money but maybe don't have the deals. And so, I think it's going to be this beautiful marriage of opportunity on both sides, a total win-win.

Molly Pastermack: Yeah. We had a guy who is about ready to graduate from college and he is looking to go. He was in business but looking to go into the education space. And he said, "Do you know anybody?" And we were able to connect him with two different headmasters in different parts of the country. And he was like, "Oh, my goodness, just speaking with these people was just such a gift." And he called and thanked us and I was like, "Oh, your parents did so good. Oh, my gosh."

Justin Donald: I love it. You guys are so the perfect people to be running this. So, let's talk about you guys. Let's talk about the success that you've had. Obviously, I've seen it from a parenting standpoint, plenty of success as parents. Let's talk about it from something that's maybe a little more tangible that other people can see. Because if I were a parent, I would want to know that the people that were pouring into my children, or child in my case, really knew what they were talking about, had success in business if they're teaching business, had success in finances and investing if they're teaching that. And we are. This isn't just for young people, college students. This is for people that are just getting started in life, just getting started in their business, walk brand new business professionals, brand new real estate professionals.

You know, it's probably going to be a lot of people in their 20s, maybe even early 30s. And we might get a few college students in there as well. But we want it to be a place that everyone can learn. And one of the cool things, I don't know if you guys remember this from the first event, one of the cool things, and then we'll get into your background, we had two 19-year-olds and one 21-year-old that have all bought their first rental property. I was just blown away and we had a couple of 30-year-olds in there. I think a 32-year-old and a 34 or 35-year-old and they're like, "Wow. I'm so inspired that these youngsters are doing so much. I want to be around them." I'm not feeling too cool or like I'm older or I need people my age like they were just inspired that 19 and 21-year-olds were already in the investment game, already in the rental income game. And I just was so inspired myself.

Molly Pastermack: And the humility that those people carried at that age was just uncanny. It was beautiful to watch.

Justin Donald: It was. So, let's hear about your story because you guys have owned several businesses. You've opened a ton of Kilwins franchises. You've developed on the real estate side of things. You've invested as passive investors, right? You're lifestyle investors. So, walk us through kind of your path and the successes that you've had.

Nick Pastermack: Yeah. Well, first off, we're loving just learning through this whole journey as well. So, we're definitely not going to claim the ultimate authority on being a parent or anything. But we have, I think some of the things that we have experienced and have probably helped us is we've led a lot of high school, college-age kids, young adults as employees in the ice cream business, you know, that kind of like... And that's where our passion kind of started for this age group. We just love them. There's so much potential and so much like excitement and dreaming and ability to think big at that age. They haven't been shut down by the world yet. And so...

Molly Pastermack: They're asking great questions.

Nick Pastermack: They ask great questions. And if we're just real and authentic and have real conversations with them, they actually listen and it's great. So, that's probably what, you know, we've had hundreds and hundreds and hundreds of employees, thousands actually probably in the ice cream business. And now we don't get to work with all of them. We have partners and everything that run the stores and operations and all that. But, yeah, our walk is we were just entrepreneurs, didn't know what we're doing. We're willing to work as hard as we needed to to get the job done. And we just started with one business and then we did a real estate deal and then we sold that business and then got into more real estate and did that for a while. We bought and sold.

Molly Pastermack: Then we lost everything, which was a great teacher.

Nick Pastermack: Yeah. You know.

Justin Donald: That's good. Great to learn some of those lessons.

Molly Pastermack: Yeah. Climb back out of that little hole.

Nick Pastermack: Yeah. So, we were flipping a lot of houses for a season, and then the real estate market crashed. We lost a bunch of money and then got back into the ice cream business. And we just found after a while we learned how to like start just developing leaders around us. And we found that developing leaders, especially in any form of leadership is, you know, it's almost like parenting anyway, right?

Justin Donald: That's right.

Molly Pastermack: We were reading parenting books before we had kids just to learn how to deal with their employees.

Nick Pastermack: Yeah.

Justin Donald: I love it.

Nick Pastermack: One of our top five books that we offer to our leadership teams to learn how to be a better leader is a parenting book because it's like, hey, if you're going to learn how to love and lead and develop people around you, you need to know how to do them in this way, you know, how to be a parent. So, anyway.

Justin Donald: That's awesome. I love that. And by the way, I've got to imagine that through this process, you've had a lot of partnerships as well, right? And some probably have worked great and some probably haven't. And there's been transition and needing to maybe take a situation that isn't working and find a way to make it work. I'd love to hear some of your thoughts on the way that you've created some successful partnerships.

Nick Pastermack: Well, I will say we actually haven't had a partnership go bad yet.

Justin Donald: Good for you guys.

Nick Pastermack: Which is amazing.

Molly Pastermack: But you've worked really hard at making sure that the agreements are even though they've been with people that we have known.

Nick Pastermack: Yeah, we don't part... We've got quite a process of how to get to become a partner so we're not just jumping out with somebody we don't know, but also we try to really manage expectations well upfront, have things really spelled out. And yet we've had some hard conversations. We've had some harder situations. We have some that haven't worked out great on a financial level. We've had a couple of businesses that didn't do that well that way, but.

Molly Pastermack: We've been able to protect relationships.

Nick Pastermack: We protect. Yeah. We're like we value the relationships a lot and make that kind of a key.

Molly Pastermack: And I think the partnerships have allowed us to grow and to go into other arenas because we trust the people to be the boots on the ground then we can go and expand and grow and open a coffee shop or a wellness studio or whatever our...

Nick Pastermack: Whatever the next thing is.

Molly Pastermack: Whatever the next thing is.

Nick Pastermack: Property management company, all kinds of stuff. So, anyway.

Molly Pastermack: But we've been through...

Justin Donald: Well, it allows you to scale, right, and gives you that ability to separate time from money and allows you to develop people and their skills. And it's really neat when you can do that at scale and you can have several businesses with several operators and you get to live this incredible life while coaching and teaching along the way and helping them to be able to coach and teach their employees along the way. And you guys are masterful at it.

Nick Pastermack: Yeah.

Molly Pastermack: I think the mastermind group has been so helpful for both of us because we realized as leaders, if we don't keep going, then we have nothing to offer. And so, I know that especially Nick has stayed up many nights watching replays of episodes and things of that, and it's what we've been able to overflow then.

Nick Pastermack: Yeah.

Justin Donald: I love that. Well, thank you. And it's interesting because the Lifestyle Investor mastermind started with just one session a month. That's it. And then we had one big year-end retreat. And now we have, I don't know, three or four sessions a month and we've got deals on top of that sometimes. And we've got a fall event, a spring event, a year-end retreat still. So, there's a lot to keep up with. We have over 600, probably approaching 700 hours of content now.

Nick Pastermack: Yeah. I was just talking with one of our new members of the foundation's group today and just saying there's going to be a lot more content. A year from now, it's going to be way more than there is now, but we've already got some good content on there. So, anyway, yeah.

Justin Donald: Yeah, I love it. Well, maybe one of the things that would be fun to talk about next are, you know, what's the goal of the Lifestyle Investor Foundation's community and we can get into the pillars after that. But what's the ultimate goal? Like, why do you want to do this? I kind of shared why I did and why we did, but I'd love to hear it from you as well.

Molly Pastermack: I think for me, and I'll let you speak for yourself, but you just nailed it. It's community because when you get to your 20s, you're either going to continue to grow up. Are you going to just be a big kid? And we want to work with the people who are saying, "I'm committing to growth." And that community gets really small as you get out of high school and get out of college or whatever your path is. And we've heard so many of our members just say, "I didn't have anybody to talk ideas with or even share numbers with without feeling either too egotistical," which is it's not. Or they were just lonely in the sense of like, "I want to talk numbers, I want to talk budget, but I don't have a safe environment to do that."

And so, not only do we have our calls, but we have a community of people that... The other day somebody got on and shared one of their wins that they had just gotten their class ring and another one got on and said, "I'm here helping in North Carolina," because he was able to take time off of work because he had budgeted. But those are things that you have to kind of be careful who you share that with as you get older because it can come across wrong, but it's just a safe place to celebrate growth and celebrate wins. And so, for me, community is life. And if you walk through this world and have it all but don't have anybody to share it with, I think it gets, I'm not sure there's a lot of meaning there.

Justin Donald: Yeah, no kidding. And people that you want to grow with and people that you can play the game of business and life and wealth creation that at a higher level that challenge you, that support you, that hold you accountable. Yeah, I think all that really matters.

Nick Pastermack: Yeah. I think, for me, if you I'm sure done the Strength Finders test. One of my ranks is developer and I just love doing that. And just the idea of the community is that we can help these young adults just lay a solid foundation and their mindsets. Not just in their finances, but in their relationships and in their health and like how to build businesses and all that. I mean, if they can lay that foundation in their 20s, I mean, the...

Molly Pastermack: The margin that they'll have in their 40s.

Nick Pastermack: Yeah. The sky's the limit. It's just like and so I love to be around young people that want to grow. And so, the idea of us being able to help them lay a solid foundation for just a life that they want, you know, whatever that life is that they want to create for themselves. Yeah, I'm constantly telling our young people, it's like, "You're ridiculously in control of your finances and you're ridiculously in control of your life. It's up to you. What do you want to do?" And so, I love to be able to help them see that and lay that foundation for growth, so.

Justin Donald: Yeah, I love it. And you guys are the perfect leaders for the Lifestyle Investor Foundations community. I'm so excited about it. Let's talk about the pillars real quick. You know, the pillars here are a little different than the pillars that we have in our more mature mastermind. So, I'd love to just have you share kind of what we felt was best for the Foundations community.

Nick Pastermack: Yeah. Do you want to take that or no?

Molly Pastermack: Go for it.

Nick Pastermack: Yeah. Well, first off, financial freedom. I mean, we want these young people to be able to create the lifestyle that they want from a financial perspective. We had a big overflow from the Lifestyle Investor mastermind, right, all the things that we've learned and that you teach in there on passive investing and all that. So, how to manage those finances well, how to create a foundation for that?

Molly Pastermack: The system.

Nick Pastermack: The system.

Molly Pastermack: That was one of the things Brock was talking about is how to create a system.

Nick Pastermack: The next thing is just optimal health. If you've got all the money in the world but you don't have your health down the road, what's it for?

Justin Donald: So true.

Nick Pastermack: Being able to live life to the fullest from a health standpoint is a big deal.

Molly Pastermack: And probably encouraging them, you know, sometimes in that age group, pizza and ramen noodles have been your go to and you're not feeling how it's affecting you. But as you get a little older, that starts even like later 20s, you start to actually connect those dots and being able to just connect those dots a little earlier.

Nick Pastermack: I didn't connect those dots in my 20s.

Justin Donald: I did a poor job of that too. I think I started figuring it out late 20s, for sure by early 30s, but I think I was a slow learner and didn't have maybe the best role models around me. So, I love that we're teaching this. I think this is so important because the way you feel shows up in your everyday life.

Molly Pastermack: Yeah, and we're going to, I mean, touch on even the sleep, the food, the exercise and just even mental health. I feel like that's kind of a bigger deal right now. But how do you take care of your mind, your body, and your soul?

Nick Pastermack: Both Molly and I have had a lifestyle of being active from a health perspective. And that's even we actually started as cheerleading partners in college.

Justin Donald: Which is awesome.

Nick Pastermack: I was picking Molly up and throwing her around. And so, yeah, we've always been active, love hiking, running, being at the gym, playing pickleball even though you crushed us the other day when we played together.

Molly Pastermack: We still talk about how badly we showed up.

Justin Donald: We love couples pickleball. We had a blast. We'll have to do more of that.

Nick Pastermack: Yeah, but we do like being active. And so, that is something that we feel like is really important. The third pillar is just what we call emotional intelligence, really, as it relates to relationships. How are you going to relate to the world? Do you know who you are at the core? And the people that you love around you, do you know who they are? And do you really understand the dynamics of those relationships? Because, again, the finances are great, but if you don't have people that you can like lock arms with and walk through life together with, what's it for?

Justin Donald: So true.

Molly Pastermack: And conflict management. I mean...

Nick Pastermack: Yeah.

Molly Pastermack: If you go through life without conflict, it sounds like you're maybe a little passive. So, actually diving into that component communication and I actually really think to the talking about like figuring out who you are and who you aren't and being able to be really okay in your own skin. And it even helps with hiring and, you know, I'm not great at this, but I'm really good at this. And being able to say that without feeling shame or just being able to step into who you have been called to be courageously.

Nick Pastermack: We think one of our strengths has been the fact, and I will put most of the credit in Molly's court of she loves helping to figure out who people are, how do they fit on the bus. I mean, what are the strengths? What do they bring to the table?

Molly Pastermack: When we were young, we were just kicking everybody off the bus.

Nick Pastermack: Yeah.

Molly Pastermack: What's their problem?

Justin Donald: They didn't show up with all the skills. What? You have to develop that?

Nick Pastermack: Yeah. So, anyway, that whole aspect of it, just that emotional intelligence, understanding people around you, who you are, and how you fit together well, that's a big one. And then that actually flows right into business development. Like, if you can't understand your teams and your people, like how are you going to grow a business?

Justin Donald: That's right.

Nick Pastermack: And so, that last one, that business development want piece, whether you're an entrepreneur, whether you an intrapreneur or you're working for somebody else, you need to know how to develop a business, how do you grow a business, the different aspects of it. I mean, we've got a young gal in the community right now who's trying to buy/acquire a business. And I can't give away too many details but it's amazing that she, at her age, in her early 20s, is looking at buying an $800,000 business. But we've helped her negotiate through the deal and work through the thought process.

Molly Pastermack: So, we didn't help negotiate but she bounce step off of us.

Nick Pastermack: We're working with her on it. Yeah.

Molly Pastermack: Like, what do I say? How do I...

Nick Pastermack: Yeah.

Justin Donald: Well, and they need a great sounding board of people that have been there and done that and you've been through it. You guys are great people for that because you've gone through so many different partnerships and operating agreements and business structures. And so, what a great gift for someone who's young, has no expertise whatsoever. They're flying and they're truly flying blind and they get to use you and the community. They get to bounce ideas off the community as a great resource. I love that.

Nick Pastermack: Yeah.

Justin Donald: You know, I think about, for me, like one of my main goals in Lifestyle Investor Foundations is that everyone who is a member in this community, everyone who takes part in some way, shape, or form no matter how short or how long their time with us is that ten years from now they're saying this is easily a seven-figure impact and return on my life from just one category. And hopefully, it's even greater than that from other categories or combined from all four pillars but that's really what I want is down the road people saying, "Wow. Being part of Foundations changed my life. It put me on an upward trajectory that I could have never been on without the support of the community, without the education, without the financial and business sense, and without that community and mentorship and peer group."

Nick Pastermack: Yeah. No, that's absolutely right. I mean, I think I've mentioned it before around you, that book, The Compound Effect for the 20-somethings age group. I mean, it's good for every one of us to read, but especially that age group. It's like, holy cow if you can grab those concepts or Atomic Habits or any of those, lay that foundation now so that you can see that seven-figure and some eight-figure returns down the road, you know.

Justin Donald: And something that another one of our partners and the COO of Lifestyle Investor, Ryan Casey always says that your education has to precede your future earning potential. So, if you want to earn and be a big earner, maybe you want to earn a million in a year or maybe you want to have $1 million-plus net worth in time, your education has to be in a place that allows you that opportunity. And if you're not educating yourself, if you're not pulling that education forward to set yourself up to be in that position, you're probably not going to get there or it's going to take a lot longer to get there. And I also just think about the power of a 1% incremental change in any of those categories is going to pay dividends for the rest of your life. Right?

I mean, because it's not like you make that one change and you only get the benefit that one month or that one year. That's the gift that keeps giving. You make a big change in your life. You get the rest of your life to experience it. So, that one millimeter or one percentage change over the course of time ends up being huge. A one-degree difference on a ship starting on one end of the world is a vastly different place by a large margin by twice or three times or five times the distance just based on one percentage change.

Nick Pastermack: Absolutely. Yeah.

Justin Donald: So, what did you guys think of the live event? We had our first event ever for Lifestyle Investor Foundations. And this was your event. You ran it. You gave me the privilege of doing some opening comments, which was nice. And I love being able to do that and I love being able to brag about you guys, but you were there for the whole thing and I was there for almost the whole thing. I was there for probably 95% of it. But what did you think? How did it go?

Molly Pastermack: I was blown away by the type of individual that showed up because we had no idea who had signed up. And we knew a few people but the authenticity that the group shared, the hunger that they shared, and just I mean, the friendships that were formed in such a short amount of time were beautiful. I mean, it was exciting. And to think that that was the start, I was like, "Oh, my God, this is going to be so much fun."

Nick Pastermack: Yeah. I would say the type, the individuals that were there were just like, "Wow, this is so much fun." They're such great young adults.

Molly Pastermack: I felt a privilege to hang out with them.

Nick Pastermack: Yeah. I think the event went very well. Kind of from that event, I don't know, don't hold me to exact numbers, but I think something like 90% of the people who actually signed up to be a member, which is...

Justin Donald: That's amazing.

Nick Pastermack: Like, blew me away. I was like, "Oh."

Justin Donald: That's high, highest conversation.

Nick Pastermack: All these people. Yeah. I mean, it was like they all were all in after the event. So, I think it went well. And not only that, we've got a whole team forming around us of people that were there that were saying, "We want to be like on the inside track and be an intern and help to grow this thing." So, it just seemed like there was a lot of momentum from that and a lot of people who really felt like it was a big impact and great value for them. So, I mean, the speakers were great. You were amazing. And the other speakers that we have there were fantastic. But I think just the whole package of great content, great speakers, and then the people that were there together just forming friendships and saying, "Wow, this is amazing.".

Molly Pastermack: This is doable.

Nick Pastermack: Yeah.

Justin Donald: Yeah, this is my tribe. These are the people I want to do life with. These are the people I want to grow and learn with. And I love that. Yeah. The caliber of individuals that was there was incredible because, number one, it was people that were hungry to learn and grow. It was people that were selfless and really wanted to give of their gifts. It was people that really have a heart for others and for community. And it was just a really powerful experience. And we had people from different walks of life. We had different ages. I mean, we had as young as 16-year-olds because we had a daughter of a couple in Lifestyle Investor, and we kind of made an exception to the rule, even though we're supposed to be, you know, 18 is the youngest, but she's awesome and is...

Molly Pastermack: Amazing.

Justin Donald: Exactly who we want in the community. She's years ahead of her age in maturity and all the stuff that her and her sister, her older sister who was there also, are doing. And then we had someone, I think, as old as either 34 or 35, but it was mainly people in their 20s, some of them business owners, new business owners, some of them a little more mature business owners, some of them more operators of business owners that were in the mastermind and some of them were your operators. We had some people just getting started in real estate. So, it was really cool to see how all those different people, all of those different walks, different ages, different industries, how they gelled.

And I don't know if I told you guys this, but when I ran my very first Lifestyle Investor event, this is early days, so we're going years and years back. The number of people I'm not going to give the specifics of what you guys know, but the number of people that I had in my very first event was the exact same number that showed up in the Foundations live event.

Nick Pastermack: That's great.

Molly Pastermack: That's a big deal.

Justin Donald: Yeah. And you've seen what Lifestyle Investor has turned into. And so, I mean, I literally got emotional thinking, "Wow, this is literally like I feel like the sign was right there that said, it was just screaming like, 'This is it. This is the thing,'" you know? And, yeah, I'm thrilled about it.

Nick Pastermack: That's great.

Molly Pastermack: And it's so fun. You know, sometimes this generation doesn't get great press, but whoever the press is hasn't pressed in and really gotten to know this generation because they're amazing and they're going to hopefully our ceiling is their floor.

Justin Donald: That's right. And I said this before, I've got to say it again. I mean, I can't even begin to imagine where I would be today had I learned this stuff in my 20s or in my teens or even in my 30s. I feel like I was just getting started, you know, late, late, late 20s, early 30s. I mean, I really feel like I just came into my own as an entrepreneur in my 30s. And if I could have grabbed ten years of time, if I could have just backtracked and been able to have access to the people that these young adults are getting access to, it would have been a game changer, the education, the financial education, just the mindset. To me, the mindset shift is everything. I just needed to be exposed to people that think the way that I think today because that's what rubbed off on me. It was more that I saw so many people doing these big things and I'm like, "Man, what's different between them and me?"

Nick Pastermack: Yeah.

Justin Donald: It's probably nothing more than just the way that I think and the way that I operate. And the more I hung out with these people that were playing the game of life and business and wealth creation at a higher level, the more I felt like, "Well, if I just do what they're doing, I could probably get similar results, maybe not as good, but like better than what I'm doing today." And that was it. I just needed that exposure and that was the game changer for me.

Nick Pastermack: Yeah. When you and I were in our 20s, there wasn't YouTube out there to watch people talk about how to do things, and we were just reading books to figure it out, you know. Nowadays, I feel like there's YouTube out there, there's all kinds of different sources of input, podcasts, all that, which are very helpful and are good. But to be able for these young people to be able to be on these calls and actually ask live questions of these professionals and these experts that we're bringing in has just been a whole another level.

Molly Pastermack: I think the testimony that we got this week actually from Brock's speak or speech or talk on the phone was as one guy, he has gone from $600 a month of capital that he can invest to $4,000 a month. And that was not a change in his business. It was just a reallocation of what he's already getting. And he said that was $48,000 for this year, that he just was able to just with the mindset change and just hanging out. And we were so thankful that he shared that. So, yeah, that's the reason that I'm doing this right here.

Justin Donald: That is so cool. I love it. Well, what last things do you want to share with our audience today as we're kind of wrapping up, you know, this session? And we want to obviously expose people to what you guys are up to and the cool things that we're doing with the Foundations group but what last things do we want to make sure that we communicate here before we wrap the episode up?

Nick Pastermack: It's a great question.

Molly Pastermack: Yeah. Just that if there's people even in the Lifestyle Investor group that haven't asked for young energy to reach out and to also to see what the asks are, the asks gives of the two groups connecting is there's going to be some real amazing things that come out of that connection.

Nick Pastermack: Yeah. I think just whether you're a parent who has a young adult child that you want to like steer towards this direction or whether you're a young adult yourself watching this podcast, I think the big thing is just knowing that there's great content, there's great connection, there's great resources a part of this group. The big thing is that even was at another conference this past week, just this young girl asked this question, "What should I invest in first?" And everybody was kind of throwing out these different ideas, what they could do. And I was like, "Whoa, whoa, whoa. The first thing you invest in is right here." I mean, you get around the right kind of people, the right friends.

Justin Donald: Education mindset.

Nick Pastermack: Get around the people that are going to share the same ideas or help you think bigger. You're going to keep sharpening your brain by filling it with the right books, the right content, everything else. And that's the first thing you need to be investing in.

Justin Donald: I love it. Yeah. I couldn't agree more. Actually, I was on a podcast, I was on my friend Stephanie Postles' podcast today. And one of the things I said is that there are four areas that I like to invest my money in the most that have the greatest impact, the first being peer group, the second being mentorship, the third being education, and the fourth being epic life experiences with loved ones. And that's it. But notice what the first three are. The first three are very strategic on the education, on the peer group, on the mentorship side of things because I think that really, truly is what defines us more than anything else.

Molly Pastermack: That's good.

Nick Pastermack: That's great.

Justin Donald: You know, people think all the time about being healthy and what you eat, what do you consume and how is that going to show up in your body. But I think few people fail to think about what content do we consume in our mind. What are we feeding ourselves intellectually and is that helping us build a brighter and more compelling future, or is it taking away? And I think most people don't even take the time to even consider the content they consume.

Molly Pastermack: Yeah.

Nick Pastermack: Absolutely, yeah.

Molly Pastermack: That's good.

Justin Donald: Well, Nick and Molly, this has been so much fun. Where is the best place for people to learn about you and what you guys are doing? And then we'll share where they can learn about Lifestyle Investor Foundations.

Nick Pastermack: The best place to learn about us, that's a great question. We have never been any ones who have promoted ourselves in any way. I have a LinkedIn account, but I don't post much on it just because I've never really needed that much. But you can look us up on what is it? Nick and Molly at Instagram? But, yeah, we always do everything together. We're cheerleading partners together in college. We've run businesses together. We've just always done together.

Molly Pastermack: Probably just going to the Lifestyle Foundations website.

Nick Pastermack: Yeah. I mean, to learn about Lifestyle Investor Foundations.

Molly Pastermack: Yeah. And we're on there too as well.

Nick Pastermack: We're in there but as far as us personally...

Molly Pastermack: Give us a shout if they have any questions.

Justin Donald: Love it. Yeah, LifestyleInvestor.com/Foundations.

Nick Pastermack: Yeah.

Molly Pastermack: Yep. That's the best place to start.

Justin Donald: Wonderful. Well, let me wrap up this episode with the question that I love asking everyone every week, and that is this: What is one step that you can take today to move towards financial freedom and living the life you truly desire on your terms? So, again, not a life by default, but a life by design. And is Lifestyle Investor Foundations the next step for you? I highly recommend that you check it out to be around people like Nick and Molly Pasternak and so many other amazing people in the community. If you're looking for a great first step and a great place to get started, I cannot recommend this community, this mastermind, this network of amazing people more. Thanks! And we'll catch you next week.

Nick Pastermack: Thanks, Justin.