Building Wealth Through Compassion with Kevin Macho

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The Compassionate Capitalist
Show empowers entrepreneurs and

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investors alike to create wealth
with passion and purpose.

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Join Karen Rands, a best selling
author, for insights on Angel

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investing, crowdfunding,
business growth, and wealth

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creation.
As a seasoned entrepreneur and

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investor herself, Karen engages
in dynamic conversations with

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industry leaders, successful
entrepreneurs, seasoned Angel

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investors, and venture
capitalists as they share their

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proven strategies and lessons
learned.

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Once you listen, you will
understand why this podcast is

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ranked in the top 2 1/2%
globally.

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Subscribe and share and be a
catalyst for the compassionate

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capitalist movement.
Just no, give it up and go in

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the back and you must keep an
open mind and you try your best

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just to leave your tracks and do
not fall too far behind.

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Regret is for the printer part.
In the end, it's all the same.

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Take what the wise I've got to
in part.

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These are the principles of the
game, the principles of the

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game.
These are the principles of the

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game.
OK, welcome back to the

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Compassionate capitalist show.
You know, one of the things that

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we try to do on this show, we
don't try.

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We do is you know, it's all
about the the success principles

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to grow and build a company
successfully to exit, but also

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realist also for investors to
know the best practices for

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investing in that.
But because the passion of a

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compassionate capitalism and
part of you know you if you

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didn't hear the blurb at the
very beginning of this my latest

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book is out inside secrets to
crowdfund investing Follow

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Jane's journey.
Yay.

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I guess follow Jane's journey to
see how a new generation invest

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with for purpose, passion and
profit.

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A big, big part of what we're
doing with the whole concept of

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compassionate capitalism and
what I'm doing with these

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mechanisms of of various types
of crowdfund investing or Angel

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investing is for people to find
something outside of the

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traditional asset classes of
stocks.

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Crypto, I guess is still sort of
out there part of it, you know,

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kind of a thing, this
transactional base and real

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estate, which has become so
costly, it's hard for people to

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fulfill the same dreams that
maybe their parents had or

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something like that.
That says I can go in over the

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next few years, 10 years, I'll
invest in 678 rental homes and

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have, you know, reoccurring
revenue on that and, and income.

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And so that is kind of a lot of
people have been shut out of

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that marketplace and they're
looking for alternatives that

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they can have an impact with
their investment dollars.

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What I call compassionate
capitalist, you're making money,

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but you're putting money to work
investing in something that

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you're passionate about.
That's Jane's journey and in

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fact, that's what my guest
today, Kevin Macho's journey has

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been.
He's waving there for those.

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That are watching on spotlight.
Or YouTube and so he he, he came

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to me as this person is a
compassionate capitalist and I

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and I believe that that's the
case because of his journey.

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He's going to talk about real
stories and practical insights

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of how for it really as little
as $500 people can get involved

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in investing in their projects,
which I don't want to steal a

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Thunder on it too much that
there are projects that have a

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profound impact in a community,
has a profound impact in the

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lives of the people that they're
serving.

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And then and therefore for the
people that are investing have a

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way to put their money to work.
One of my sayings is, you know,

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you work hard for your money, 9
to 5.

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Don't go get a second gig or do
these other things from 5:00 to

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9:00.
Put that money to work working

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for you, investing in things
where other people are doing the

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work and they're just using your
money and giving you a compound

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on that, that money while you,
you know, explore other

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opportunities for you to invest
in when it comes to investing in

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entrepreneur and entrepreneur
endeavors.

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So let me tell you about Kevin.
Kevin Macho is a, he's a, like I

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said, he's a textbook
compassionate capitalist.

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He's a former cop turned real
turned real estate investor.

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He's now helping regular folks
like the folks that are

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listening here today, generate
passive income by funding

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addiction recovery facilities
and mental health campuses

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across the US.
That to me, I mean, if you were

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we know that we are in a crisis
situation in the United States

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with mental health issues, which
is often times coupled up with

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addiction challenges and people
turning to that, whether it's

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pain of physical pain or mental
pain.

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We know that a lot of veterans
are dealing with this and right

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now with so many, so much
turmoil in our subsidy systems

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for healthcare, for, you know,
getting the care in the, in the

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Veterans Administration, all
these different things that are

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putting a lot of people even
further at risk than they had

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been over several years.
It really is inspiring.

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I to me and hopefully to you as
a listener to hear that there's

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a private enterprise out there
that is it's accomplishing 2

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things.
They're serving a critical need

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in the marketplace for providing
these facilities, but also

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helping, not just bringing in
big institutional money to do

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it.
They're helping the everyday

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working people in those
communities and around the US to

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participate in the solution.
So with that, let me say welcome

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to the show, Kevin, very excited
to have you on the show today on

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the Compassionate Capitalist
Show to tell your story and talk

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about this, you know, really
impactful work that you're

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doing.
Thank you so much for having me

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on.
It's exciting anytime we get to

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talk about what we're doing.
It's what attracted me to the

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company and all the things that
you're talking about.

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Is it it?
It's very exciting.

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So I really appreciate the
opportunity to be on.

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Yeah.
So let's talk about that because

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you're still you still do police
work.

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I still do police work, yes.
So The thing is, you were, you

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were correct.
And then I'm a former cop and

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then I was out in the private
sector basically.

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I've owned businesses all my
life.

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I started when I was 15.
I owned a baseball card shop

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when I was growing up in high
school, vending machines in

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college, 2 branches of
investment, mortgage company

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with a couple of trucking
companies, part of a stock

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brokerage and and some other
things.

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So I've been involved in
business all my life.

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So there's kind of there's
business Kevin and there's

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police Kevin and I got I started
in police work when I was 18.

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Most of my time was with the
Portland, OR police Bureau.

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I was also with the Oregon State
Police for a while.

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I was police chief in a small
town for a little while.

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I've, I've done most of what
people can do in police work.

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And yeah, after, after some
time, just straighten the

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private sector.
I, I still feel like I have

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something that I can give back.
I feel like I understand people

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pretty well.
So I decided to go back in one

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more time.
And I currently work as a

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detective here in, in the, in
the Salt Lake Valley.

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So yeah, I, I do those things,
but my kids are grown, so I've

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always been kind of high energy.
So I've got plenty of time to,

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to do business also.
So yeah, I'm actually I I'm

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actually both, yeah.
So now you know you, you, I

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mean, I know there's one of
those things we don't pay our

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police officers enough money for
the, the risks that they take.

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But you, you got started
understanding and investing

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outside of that by, you know,
talk about your first investment

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and then let's talk about how
you discovered.

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And I don't even think I did I
mention the company is is

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Northstar Recovery dot care is
the name of the company that.

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Northstar Recovery Care is US.
Director of investor experience.

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So talk about that, that your
first, you know what, like what

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went off in your head that says
I need to put my money working

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for me, making money rather than
just keep working for your money

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as your first sort of gate of a,
of an attitude shift that you

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have.
Yeah, so I was, I was young.

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I was in, I was in my early 20s
and I was working as a state

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trooper over on the Oregon Coast
in the town where I grew up.

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And most of my friends were cops
and really good people, but

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nobody had any money like people
who had like 2025 years and

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nobody had any money except for
one guy who was, he was a Fish

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and Game trooper in Oregon.
We did both both the, the

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highways and Fish and Game with
the state police.

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And he was a really good mentor
to me.

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And he, he sat me down and he
basically said exactly what

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you're saying.
He said you've got to get your

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money working for you.
You've got, you've got to do

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something, you've got to do
something different than your

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friends are doing.
So he talked to me about four O

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1K matches and we actually, it
was like 457, but it wasn't

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actually 4O1K.
But he talked to me about

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deferred comp matches and taking
your money and setting up like a

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Roth and actually like doing
something.

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And of course my answer was like
a lot of people are like, oh, I

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don't know, I've got a young
family.

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I just don't think I can spare
it.

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And he, and he looked, he looked
at me and he said, how many

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lunches do you buy a week?
And I'm like, oh, well, you

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know, not, not a lot, not what
do you said?

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Probably like 3.
And I'm like, maybe right.

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And, and, and he's like, you'll
get sodas and stuff with your

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friends.
You spend money on that.

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And I'm like, maybe, right.
And he, and he started kind of

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sussing out the fact that the
truth is I was spending money on

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stuff I didn't need to be
spending it on.

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And, and, and he brought me the
idea that I can go to like

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having one lunch a week with my
friends.

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Set aside some of that money,
stop spending money on some of

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just the garbage that we buy.
We buy so much as Americans that

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we tell ourselves we need it,
but we don't need it a lot of

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time.
So it's taking some of that

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money, delaying a little bit of
gratification and putting it

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towards something that's real,
right.

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So that was kind of my first
introduction.

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And the truth is most of us do
have I mean, we have people, you

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know, making 60 seventy $80,000
a year that are that are that

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are going out and spending 30-40
bucks on lunch like like

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multiple times in a week.
Pack your freaking lunch and go

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put your money away so you can
have a nice life.

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Yeah, right.
Go out to lunch with your

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friends once in a.
While part of the trick on that,

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this is a thing that people
mentally will do that, but they

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need to pay themselves.
So take that 30 bucks said you

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were going to do that and if you
had to stick it in a a coffee

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jar or something until you get
your hundred 200.

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Whatever you got to do, right?
Or, or, or you, yeah, you move

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your money to you move your
money into Well, first of all,

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if you work for any organization
that gives you a deferred copper

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4O1K match, 3%, four percent, 5
percent, 6%, you are absolutely

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insane if you don't put that
money away.

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Generally tax deferred.
Sometimes you can do it in Iraq,

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but usually it's going to be tax
deferred because if they match

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it, that is a 100% return on
your money.

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Like that is an insane like
return.

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And you've got people that are
like, oh, I don't know what like

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like, why would you not do that?
Right.

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So that was, that was kind of my
first exposure to doing that.

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I started doing those kind of
things, but but a year or so

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later, I felt like we really
needed to to do actually, it

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was, it was a couple years
later, I moved up to Portland.

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We had layoffs with the Oregon
State Police.

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That's the thing.
Safe jobs aren't always that

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safe, right?
So I went to work for the police

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Bureau in Portland, OR and we
lived on the Bank of the

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Washington side.
And I was basically calling

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around.
This is not crazy.

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There's like, I had no idea what
I was doing.

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All I know how to do is be a
policeman.

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That was it.
Like my dad was a policeman.

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His dad was a policeman, right?
And so I'm calling around for

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people to, to help me because I
wanted to invest in real estate,

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but I don't really know what
that meant.

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And finally I met a guy that
became a friend of mine.

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His name's Greg Fowler and he
ended up starting his own

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00:12:40,120 --> 00:12:42,920
investment mortgage company.
And I ended up owning, owning 2

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00:12:42,920 --> 00:12:45,400
branches of of that company over
time.

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00:12:45,400 --> 00:12:49,320
But but short version is that he
taught me how to invest in

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00:12:49,320 --> 00:12:52,760
duplexes and fourplexes from the
ground up to start with.

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00:12:53,360 --> 00:13:01,040
And so my first duplex that I
bought was in Coos Bay OR and I

230
00:13:01,040 --> 00:13:03,320
did an 80 with a 20 seller carry
back on it.

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00:13:03,640 --> 00:13:08,560
That's how we structured it and
we came out, I bought the

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00:13:08,560 --> 00:13:14,320
duplex, rented it for little
less than two years turn around

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00:13:14,320 --> 00:13:18,680
and sold it and I made just
under $60,000 on that duplex.

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00:13:18,680 --> 00:13:21,160
And I was looking at that and
that was more than I made in the

235
00:13:21,160 --> 00:13:24,160
year like as a trooper.
And I'm like, I can't believe

236
00:13:24,160 --> 00:13:26,880
that actually happened.
Like I'm a policeman.

237
00:13:26,880 --> 00:13:28,760
I can't believe I did that.
Like, that's crazy.

238
00:13:29,760 --> 00:13:31,640
You can actually do these things
right now.

239
00:13:31,640 --> 00:13:35,760
One can say that my, my world
view hadn't been opened as to

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00:13:36,080 --> 00:13:38,920
everything that's possible and
what you can do in funds.

241
00:13:38,920 --> 00:13:41,800
And I didn't know anything about
all of that, but I knew that you

242
00:13:41,800 --> 00:13:46,080
had to have something going on
besides what everybody else is

243
00:13:46,080 --> 00:13:50,160
is doing, right?
I've got a lot of friends who

244
00:13:50,160 --> 00:13:54,120
were, who were wealthy people
and they just think and act

245
00:13:54,120 --> 00:13:57,000
differently then then the
masses.

246
00:13:57,360 --> 00:14:01,360
People that have money, they
don't waste a lot of time when

247
00:14:01,360 --> 00:14:06,200
when they see something where
the risk is outweighed by the

248
00:14:06,200 --> 00:14:10,280
benefit, they go for it.
My friends that are that are

249
00:14:10,280 --> 00:14:13,080
police officers, like wonderful
people and firefighters and

250
00:14:13,400 --> 00:14:15,000
people in all various
occupations.

251
00:14:15,000 --> 00:14:17,120
They'll sit and Stew on
something for six months until

252
00:14:17,120 --> 00:14:21,040
the opportunity's gone, right.
So what we were trying to do

253
00:14:21,040 --> 00:14:24,720
with with Northstar was, was
create a way where regular

254
00:14:24,720 --> 00:14:27,160
people can start this process,
they can start investing, they

255
00:14:27,160 --> 00:14:29,240
can do it through their Roth,
they can do it.

256
00:14:29,480 --> 00:14:32,920
Sometimes you can do it through
your deferred comp, depending if

257
00:14:32,920 --> 00:14:37,720
it's participatory or not, but
but whatever it is that you're

258
00:14:37,720 --> 00:14:39,040
doing where people can
participate.

259
00:14:39,040 --> 00:14:42,880
So we created what was called a
regulation a fund.

260
00:14:42,880 --> 00:14:45,680
And for people that don't know
what that is, that's a it's a

261
00:14:45,680 --> 00:14:48,680
fund that you got to go through
a lot of hoops with the SEC

262
00:14:49,440 --> 00:14:54,080
because this is made for the non
like you don't have to be what's

263
00:14:54,080 --> 00:14:57,280
called an accredited investor
for a regulation a fund.

264
00:14:57,280 --> 00:15:02,160
You don't have to be super smart
when it comes to this stuff, but

265
00:15:02,160 --> 00:15:05,880
then our responsibility was to
show the, the SEC that we were

266
00:15:05,880 --> 00:15:08,640
being responsible with what we
were doing, right?

267
00:15:09,040 --> 00:15:11,760
So we created a fund where you
can come in for as little as

268
00:15:11,760 --> 00:15:15,440
$500 as you go right to our
website and, and you can go like

269
00:15:15,440 --> 00:15:16,960
click literally like right on
invest.

270
00:15:16,960 --> 00:15:19,960
You can get a hold of one of us
start talking about details.

271
00:15:20,280 --> 00:15:23,680
We've got our, we've got our,
what we call our deck, which is

272
00:15:23,680 --> 00:15:25,440
presentation.
You go through documents, all

273
00:15:25,440 --> 00:15:28,440
kinds of different things and
then you can put in as little or

274
00:15:28,440 --> 00:15:30,480
as much as you want going
forward.

275
00:15:30,480 --> 00:15:33,800
So you don't, you don't have to
risk the farm to get started,

276
00:15:33,800 --> 00:15:35,520
but for heaven's sake, do
something right.

277
00:15:35,720 --> 00:15:39,640
I've got two friends right now.
I also used to be a pro baseball

278
00:15:39,640 --> 00:15:42,000
umpire and I did not make it to
the major leagues.

279
00:15:42,000 --> 00:15:44,800
I wasn't good enough.
But I've got two friends who are

280
00:15:44,800 --> 00:15:47,000
doing Major League Baseball
games right now.

281
00:15:47,520 --> 00:15:50,680
And the majority of their
friends who are long time Major

282
00:15:50,680 --> 00:15:52,600
League umpires, they don't have
much money.

283
00:15:53,520 --> 00:15:57,720
You know, they spent it, they
spent it on crap, right?

284
00:15:58,120 --> 00:16:00,880
And I was having this talk
because they're they're two

285
00:16:00,880 --> 00:16:01,760
twins.
They're the first, they're

286
00:16:01,760 --> 00:16:04,440
actually the first twins to work
Major League Baseball as umpires

287
00:16:04,760 --> 00:16:06,800
during the same seasons in
history.

288
00:16:07,400 --> 00:16:10,800
But what we were talking about
was there's there's always risk.

289
00:16:10,800 --> 00:16:13,120
There's always some risk when
there comes to investment.

290
00:16:13,120 --> 00:16:15,800
So a lot of my friends are like,
oh, I don't know, that's risky.

291
00:16:15,800 --> 00:16:18,120
And I'm.
And then they go back to buying

292
00:16:18,120 --> 00:16:21,160
a whole bunch of lunches that
are guaranteed to make them zero

293
00:16:21,160 --> 00:16:23,040
money at all.
None. 0 nothing.

294
00:16:23,640 --> 00:16:25,440
Yeah, it's it's a guarantee,
right.

295
00:16:25,920 --> 00:16:30,240
And go forward and do that.
Yeah, there's some risk, but

296
00:16:30,240 --> 00:16:33,520
there's no risk at all.
If you're spending it on stuff

297
00:16:33,520 --> 00:16:36,880
that's just going to deplete
your bank account, it's 100%

298
00:16:36,880 --> 00:16:38,880
guarantee you'll never make any
money when it comes to that.

299
00:16:38,880 --> 00:16:40,240
Stuff.
Yeah, that's one of the things I

300
00:16:40,240 --> 00:16:43,920
talk about in the new book when
I'm kind of, you know, I like

301
00:16:43,920 --> 00:16:51,080
Jane, right, is figuring out
that the difference between you

302
00:16:51,080 --> 00:16:54,680
can spend time, you can spend
money on stuff, right?

303
00:16:55,040 --> 00:16:58,200
You can't get your time back.
You can't always make more

304
00:16:58,200 --> 00:17:00,280
money.
If you just spend it on

305
00:17:00,280 --> 00:17:03,040
something like a lunch, you eat
it and it's gone and then you're

306
00:17:03,040 --> 00:17:05,880
hungry again.
But if you spend it on something

307
00:17:05,880 --> 00:17:09,119
that can create a compound, even
if you lose it, you're no

308
00:17:09,119 --> 00:17:11,560
different than if you bought 4
lunches.

309
00:17:11,880 --> 00:17:13,680
Right, you're out.
Nothing people like.

310
00:17:13,680 --> 00:17:15,839
Well, it's risky.
Might as well.

311
00:17:16,480 --> 00:17:19,440
Do go for it.
For young people, I mean, you're

312
00:17:19,440 --> 00:17:21,920
younger than me and I, that's
the thing.

313
00:17:21,920 --> 00:17:22,480
That's.
So great.

314
00:17:23,359 --> 00:17:26,319
Yeah.
Is that I, you know, I think I

315
00:17:26,319 --> 00:17:29,560
wish, you know, and one of the
reasons why I'm targeting this

316
00:17:29,560 --> 00:17:35,240
book is to, you know, and I saw
an article yesterday that, you

317
00:17:35,240 --> 00:17:39,640
know, millennials working the
same kind of work that we work.

318
00:17:39,640 --> 00:17:42,680
People think they don't have as
much of A work ethic because

319
00:17:42,680 --> 00:17:46,880
they jump jobs and it's, but
they do, they do work hard.

320
00:17:47,120 --> 00:17:49,160
They do have a strong work
ethic.

321
00:17:49,400 --> 00:17:52,000
What they don't have is hope,
right?

322
00:17:52,000 --> 00:17:54,600
They don't have hope.
They look around and they see

323
00:17:54,920 --> 00:17:57,720
like the crisis that you're
you're helping with, like so

324
00:17:57,720 --> 00:18:02,560
many people are are, you know,
are they're desperate out there

325
00:18:02,840 --> 00:18:06,280
and they don't have hope.
And I believe that if we could

326
00:18:06,280 --> 00:18:11,160
break through the noise and we
could stop the scroll just a

327
00:18:11,200 --> 00:18:13,280
little bit.
Just for a little while.

328
00:18:13,400 --> 00:18:16,920
In there so that they could see
something to give them hope

329
00:18:17,200 --> 00:18:20,880
because the idea that they could
put you know in that five years

330
00:18:20,880 --> 00:18:24,520
before they they start the
corporate gig and that five

331
00:18:24,520 --> 00:18:27,200
years before they get their
match they don't get their match

332
00:18:27,360 --> 00:18:29,160
right because you're exactly
right.

333
00:18:29,160 --> 00:18:31,520
I mean everybody hears this
about the four O 1K stuff.

334
00:18:31,520 --> 00:18:33,200
I did it when I was with IBM,
right?

335
00:18:33,200 --> 00:18:36,080
And the people that have been
around there is like now back

336
00:18:36,080 --> 00:18:39,160
then I think it was three years
or depending on they could give

337
00:18:39,160 --> 00:18:41,560
you a perk and match right away
kind of a thing.

338
00:18:41,760 --> 00:18:43,920
But you match right away.
And they're getting that match

339
00:18:43,960 --> 00:18:45,800
right.
Of course, all the difference.

340
00:18:45,800 --> 00:18:49,600
I mean, I, even though I was
only with IBM for 13 years, I do

341
00:18:49,600 --> 00:18:53,520
have a big fat, you know, chunk
of time there from back in this

342
00:18:53,520 --> 00:18:56,720
matching days, right?
And I put it as much, but I, I

343
00:18:56,720 --> 00:18:58,720
could in there because out of
sight, out of mind.

344
00:18:58,760 --> 00:19:03,960
And so the same sort of thing
when it comes to investing in

345
00:19:03,960 --> 00:19:06,760
things that solve the problems
that you care about.

346
00:19:06,760 --> 00:19:10,520
The thing that people would look
at it or, you know, younger than

347
00:19:10,520 --> 00:19:16,080
us would look at it and say, I'm
really upset about the fact that

348
00:19:16,080 --> 00:19:18,120
so many people are living in
despair.

349
00:19:18,280 --> 00:19:24,160
Or my friend or my brother or my
cousin or my whoever felt this

350
00:19:24,160 --> 00:19:27,600
thing and didn't have a facility
like what you're what you.

351
00:19:27,600 --> 00:19:30,800
Want and if.
I could put my money to work

352
00:19:31,520 --> 00:19:35,320
doing this and I make back.
You know, I don't know you're

353
00:19:35,320 --> 00:19:38,400
reggae plus you can talk about
like what the structure of The

354
00:19:38,400 --> 00:19:40,520
thing is.
So you know, get to that.

355
00:19:40,600 --> 00:19:44,440
But if you can look, if I can
see that I'm I'm helping do

356
00:19:44,440 --> 00:19:46,680
something.
And then, you know, in my

357
00:19:46,680 --> 00:19:51,160
course, I teach that the first
three produce income or the,

358
00:19:51,280 --> 00:19:53,480
the, or you got to have three
out of your 10, right?

359
00:19:53,480 --> 00:19:55,760
The average 10.
Three of them have to be later

360
00:19:55,760 --> 00:19:58,640
stage, kind of like what you're
talking about where there is a

361
00:19:59,040 --> 00:20:01,960
exit down the road and you can
see the line of sight.

362
00:20:01,960 --> 00:20:05,800
It's not a A10 year play and
reggae plus typically are that

363
00:20:05,800 --> 00:20:08,200
way.
And so you know that that way we

364
00:20:08,200 --> 00:20:12,840
can they can see that and they
have a true balance portfolio of

365
00:20:12,840 --> 00:20:15,280
different structure, different
stages, different industries,

366
00:20:15,440 --> 00:20:17,560
different things.
All things that they care about,

367
00:20:18,000 --> 00:20:22,480
then they get to have a they
maybe we give them that sliver

368
00:20:22,480 --> 00:20:24,720
of hope.
And I say don't quit your day

369
00:20:24,720 --> 00:20:25,480
job.
Don't.

370
00:20:25,480 --> 00:20:28,440
Oh no, entrepreneur.
Becoming an entrepreneur is the

371
00:20:28,440 --> 00:20:30,600
answer.
Keep your benefits because

372
00:20:30,600 --> 00:20:32,640
benefits are valuable these
days.

373
00:20:32,920 --> 00:20:37,160
Keep your benefits and just
carve out money to go put into

374
00:20:37,160 --> 00:20:39,800
things you care about, like what
you're doing over there at North

375
00:20:39,800 --> 00:20:41,240
Star Regal.
Yeah.

376
00:20:41,280 --> 00:20:43,400
You know, it's interesting, you
talked about like normally a 10

377
00:20:43,400 --> 00:20:47,720
year hold our bond fund, it's a
three-year hold three years and

378
00:20:47,720 --> 00:20:51,520
and you have the choice so you
can, so it's designed to be an

379
00:20:51,520 --> 00:20:54,360
income fund.
So basically after 60 days have

380
00:20:54,360 --> 00:20:59,240
passed, once you've invested,
then the beginning of the month,

381
00:20:59,240 --> 00:21:02,240
after 60 days have passed, you
begin receiving your dividends

382
00:21:02,480 --> 00:21:05,000
or your interest if that's how
you want it.

383
00:21:05,000 --> 00:21:09,240
So basically it's let me think,
I got to think about my numbers.

384
00:21:09,240 --> 00:21:12,520
I think it's it says it on the
website.

385
00:21:12,520 --> 00:21:14,720
So I'm doing this by memory
right now because I'm looking at

386
00:21:14,920 --> 00:21:19,760
you because we want to connect.
But but I believe it's 500 to

387
00:21:19,760 --> 00:21:23,040
49999.
Look at the website, make sure

388
00:21:23,040 --> 00:21:26,000
that I'm correct.
But that's that's that's an 8%

389
00:21:26,160 --> 00:21:28,920
return.
And then because it's all set.

390
00:21:29,280 --> 00:21:32,880
And then if it's fifty, I
believe it's 2:40 9/9/99.

391
00:21:32,880 --> 00:21:39,400
I think that's 10% and then 250
and above I think is 12%.

392
00:21:39,400 --> 00:21:43,120
But there are some, there are
some rules.

393
00:21:43,120 --> 00:21:45,000
If you're not an accredited
investor, you have to have

394
00:21:45,000 --> 00:21:47,920
certain income amounts to invest
like larger amounts of money.

395
00:21:48,480 --> 00:21:51,000
So if you have those larger
amounts of money, I'm sure you

396
00:21:51,000 --> 00:21:53,040
have the time to talk to us and
we'll talk about those specific

397
00:21:53,040 --> 00:21:54,920
rules.
But I'm kind of I'm just talking

398
00:21:54,920 --> 00:21:56,760
to like the, the, the regular
folks right now.

399
00:21:56,760 --> 00:21:58,880
So you're talking about having
your, your money back.

400
00:21:58,880 --> 00:22:01,560
So it's a forward turn of
principle in, in three years.

401
00:22:01,560 --> 00:22:04,480
That's the design of the fund
and then you can either get your

402
00:22:04,480 --> 00:22:10,640
interest as you go or you can
let it ride and let it compound

403
00:22:11,000 --> 00:22:14,160
and then get the compounding and
the other back like over the

404
00:22:14,160 --> 00:22:16,520
course of three years.
Then you move on to your next

405
00:22:16,520 --> 00:22:18,640
investment.
You can reinvest it in something

406
00:22:18,640 --> 00:22:21,720
similar depending on what we're
doing, but it's we, we feel

407
00:22:21,720 --> 00:22:23,640
really, really good about the
structure of this.

408
00:22:24,080 --> 00:22:26,800
Well, the thing that's good, I,
you know, I was out at Fincon in

409
00:22:26,800 --> 00:22:29,240
Portland, right?
Your old hometown there, right?

410
00:22:29,280 --> 00:22:34,360
I fell in love.
I love Portland and I I took the

411
00:22:34,360 --> 00:22:40,160
train from the dowels over there
that gets on the Washington side

412
00:22:40,160 --> 00:22:42,560
from over.
In Oh, it's beautiful Go.

413
00:22:42,800 --> 00:22:44,640
Along the the river there the is
that.

414
00:22:44,800 --> 00:22:46,600
The yeah, yeah, yeah, yeah.
So you went like through

415
00:22:46,600 --> 00:22:49,520
Stevenson and all that?
Yes, I like it's gorgeous.

416
00:22:50,120 --> 00:22:53,720
I like nobody wants to see the
pictures I took, but I I like,

417
00:22:53,720 --> 00:22:56,800
love taking those pictures.
You know of like, just like

418
00:22:56,800 --> 00:23:00,120
somebody and like looking down
and imagine what it like to live

419
00:23:00,120 --> 00:23:02,320
on the edge of the river and
people fishing.

420
00:23:02,720 --> 00:23:05,840
It's amazing, yeah.
Did you see all the waterfalls

421
00:23:05,840 --> 00:23:07,960
like across the river on the
Oregon side?

422
00:23:08,200 --> 00:23:10,600
So I actually went with
digressing.

423
00:23:10,600 --> 00:23:13,280
But when my friend picked me up
at the airport in Portland, he

424
00:23:13,280 --> 00:23:15,600
lives in in Dalles.
I think that's how you.

425
00:23:15,600 --> 00:23:16,440
Say it in The Dalles.
Yep.

426
00:23:16,600 --> 00:23:16,920
Yep.
Yeah.

427
00:23:17,080 --> 00:23:19,680
And so we rode along.
The old thirty, I think, is what

428
00:23:19,680 --> 00:23:21,640
that is.
Yeah, it's so pretty.

429
00:23:22,400 --> 00:23:25,840
Not the really big one that has
the old 100 year old restaurant

430
00:23:25,840 --> 00:23:29,720
or whatever is there the one day
before that and it was we walked

431
00:23:29,720 --> 00:23:33,840
up to the top of that waterfall
and it was and and there's an

432
00:23:33,920 --> 00:23:35,760
overlook that looks out over the
river.

433
00:23:35,760 --> 00:23:39,360
Yeah it was I was I was a book
have been delayed.

434
00:23:39,360 --> 00:23:42,160
I was not in the best of best of
moods at the time but that

435
00:23:42,160 --> 00:23:44,920
totally lifted my spirits.
You know, it's like a walk in

436
00:23:44,920 --> 00:23:45,760
the.
Woods to.

437
00:23:48,160 --> 00:23:51,040
Is it you lose your mind and
find your soul or something like

438
00:23:51,040 --> 00:23:53,160
that when you.
Go something like that, right?

439
00:23:53,160 --> 00:23:54,600
Yeah.
Well, OK, well.

440
00:23:55,560 --> 00:23:59,360
OK, well, we digress.
But it's it's important though.

441
00:23:59,360 --> 00:24:02,720
You gotta I mean, The thing is
do like for for our audience,

442
00:24:02,720 --> 00:24:06,160
like do you want to have the
time to do some things that like

443
00:24:06,160 --> 00:24:07,640
feed the soul over the course of
time?

444
00:24:07,920 --> 00:24:10,960
Or do you want to have to just
continue to work like a dog

445
00:24:10,960 --> 00:24:14,280
basically until you drop?
I mean, these are the choices we

446
00:24:14,280 --> 00:24:16,000
make.
Right, That's what you know,

447
00:24:16,080 --> 00:24:21,080
this, this was a finance content
creator conference and you know,

448
00:24:21,080 --> 00:24:26,320
there's, it's this concept that
is really gaining some momentum

449
00:24:26,880 --> 00:24:29,120
and it's, you know, it's the
financial independence.

450
00:24:29,120 --> 00:24:30,600
Everybody hears us striving for
that.

451
00:24:30,600 --> 00:24:35,880
But retire early and retire
early is not necessarily like,

452
00:24:35,880 --> 00:24:38,760
OK, at 45, I'm never working
again.

453
00:24:39,080 --> 00:24:43,480
It's retire early often that
says I have flexibility in the

454
00:24:43,480 --> 00:24:46,160
where I get my income.
I can get.

455
00:24:46,200 --> 00:24:50,440
Back from my day-to-day grind,
take a year off and go do

456
00:24:50,440 --> 00:24:54,160
whatever 'cause I have income
coming in from my investments

457
00:24:54,520 --> 00:24:57,840
and things that I've done and
then I can go figure out what

458
00:24:57,840 --> 00:24:59,760
else I want to do after that.
You know what I mean?

459
00:24:59,760 --> 00:25:03,640
It's like and it's, you know, to
create a quality of life that

460
00:25:03,880 --> 00:25:08,960
has you your you are live, work,
play within the contract

461
00:25:09,000 --> 00:25:11,720
construct of how you create your
life, right.

462
00:25:11,760 --> 00:25:14,360
So, well, right.
So you're not a hostage at work,

463
00:25:14,800 --> 00:25:15,760
right?
You're not, you're not a

464
00:25:15,760 --> 00:25:17,960
hostage.
You, you you can work, right?

465
00:25:17,960 --> 00:25:20,560
I I work at my job because I
actually feel like I have

466
00:25:20,560 --> 00:25:22,920
something to offer.
It's not that I have to have

467
00:25:22,920 --> 00:25:24,920
that job.
Yeah, I don't have to have that

468
00:25:24,920 --> 00:25:26,880
job.
I've got various options, right.

469
00:25:26,920 --> 00:25:30,120
But but I am not a hostage.
And I find that as things don't

470
00:25:30,120 --> 00:25:33,120
go perfect at work because they
don't in any workplace, right?

471
00:25:33,640 --> 00:25:38,320
That not being that hostage my
I'm able to really think things

472
00:25:38,320 --> 00:25:40,600
through like much more clearly.
And I think it helps a lot.

473
00:25:41,120 --> 00:25:42,920
Yeah.
So one of the things that they

474
00:25:43,080 --> 00:25:47,200
like, there's different ones,
and this falls into line with my

475
00:25:47,240 --> 00:25:49,680
structure of the Angel
profitability blueprint in the

476
00:25:49,680 --> 00:25:54,840
course is that it's not just an
investment, it's an investment

477
00:25:54,840 --> 00:25:59,080
that's backed by real estate.
So talk about why addiction

478
00:25:59,080 --> 00:26:02,960
recovery real estate is both a
crisis solution and an

479
00:26:02,960 --> 00:26:04,960
investment opportunity.
Yeah.

480
00:26:04,960 --> 00:26:09,000
So I'm going to go and kind of a
little bit of the a little bit

481
00:26:09,000 --> 00:26:13,080
of the logical first before we
get into the things that we care

482
00:26:13,080 --> 00:26:16,360
about, right.
So First off, I, I think that

483
00:26:17,240 --> 00:26:22,800
that going into more essentially
addiction recovery housing and

484
00:26:22,800 --> 00:26:28,720
step down care and even detox
centers and so and so forth,

485
00:26:29,000 --> 00:26:30,920
basically is multi family
housing.

486
00:26:31,280 --> 00:26:35,000
And I've, I have personally
found and people have different

487
00:26:35,000 --> 00:26:39,720
beliefs on real estate, but
generally speaking, you get a

488
00:26:39,720 --> 00:26:43,160
better return when you go into
multifamily, but most people

489
00:26:43,160 --> 00:26:44,960
don't have the money to get into
multifamily.

490
00:26:44,960 --> 00:26:47,480
So what we set up as people to
have the ability to do that.

491
00:26:47,480 --> 00:26:53,360
So, So what happens is that most
of the addiction recovery care

492
00:26:53,360 --> 00:26:56,040
centers, detox centers, mental
health recovery centers and so

493
00:26:56,040 --> 00:26:59,600
forth are like 16 beds and
below, like over here in Utah

494
00:26:59,600 --> 00:27:03,000
and around the West.
And they're set up that way for

495
00:27:03,360 --> 00:27:05,800
profitability reasons, but
they're completely disjointed,

496
00:27:05,800 --> 00:27:08,320
like they have nothing to do
with each other, right?

497
00:27:08,680 --> 00:27:12,280
So when somebody's trying to
find a bed, I mean, they, it,

498
00:27:12,280 --> 00:27:15,080
it's very difficult.
So what we're doing is we're,

499
00:27:15,840 --> 00:27:19,320
we're the process of, of rolling
these up and putting them into

500
00:27:19,320 --> 00:27:24,240
one ecosystem.
But the operators in general are

501
00:27:24,240 --> 00:27:26,960
very good at what they do.
So we work deals with the

502
00:27:26,960 --> 00:27:31,080
operators where they generally
get a portion of of the

503
00:27:31,080 --> 00:27:33,440
ownership to continue and they
continue operating, right.

504
00:27:33,840 --> 00:27:39,520
So, yeah, and, and, and the deal
is that these are like we're not

505
00:27:39,520 --> 00:27:43,320
just buying the business.
So like if I go a lot of times

506
00:27:43,320 --> 00:27:47,760
and buy a franchise of a
restaurant that's popular, many

507
00:27:47,760 --> 00:27:50,200
times I'm not going to be buying
the real estate under it.

508
00:27:50,200 --> 00:27:53,400
We're going to lease the space
and we are buying the business

509
00:27:53,640 --> 00:27:58,400
and the business may do great,
but for investors, again,

510
00:27:58,400 --> 00:28:02,280
nothing's 100%.
But when we look at safer bond

511
00:28:02,280 --> 00:28:04,840
funds, safer than equity fund,
accredited investors, a lot of

512
00:28:04,840 --> 00:28:07,080
times look at equity funds, they
take a big swing.

513
00:28:07,080 --> 00:28:09,080
They can make a lot of money,
but there's more risk.

514
00:28:09,080 --> 00:28:11,720
They're actually behind you as
far as who gets paid if things

515
00:28:11,720 --> 00:28:14,240
don't go right in in the bond
fund.

516
00:28:14,680 --> 00:28:16,800
But when something's actually
backed by real estate, there's

517
00:28:16,800 --> 00:28:19,080
an actual property underneath
this whole thing.

518
00:28:19,080 --> 00:28:23,160
So if everything goes the way
that nobody wanted to go and

519
00:28:23,160 --> 00:28:25,920
things have to be liquidated,
there's an actual asset there to

520
00:28:26,720 --> 00:28:30,240
so and, and that's a big deal.
It also helps with like

521
00:28:30,240 --> 00:28:33,920
accelerated depreciation because
anytime you have real estate,

522
00:28:33,920 --> 00:28:36,840
real estate property and so
forth, you can, there's, there's

523
00:28:36,840 --> 00:28:39,560
ways you can improve your tax
situation with that as well.

524
00:28:39,560 --> 00:28:45,680
So that's a big deal for us both
in terms of return and in terms

525
00:28:45,680 --> 00:28:49,400
of of making things a little bit
safer when it comes to when it

526
00:28:49,400 --> 00:28:52,160
comes to the investment.
But let's talk about what we're

527
00:28:52,160 --> 00:28:53,840
actually doing.
So I think that was that was

528
00:28:53,840 --> 00:28:55,000
actually the first part of the
question.

529
00:28:55,000 --> 00:28:56,800
I answered the second part
first, right?

530
00:28:57,560 --> 00:29:04,600
So for me, I definitely have
been kind of a hard nosed with

531
00:29:04,600 --> 00:29:07,040
people doing things that they're
not supposed to do over the

532
00:29:07,040 --> 00:29:08,760
course of the years, especially
with people where there's

533
00:29:08,760 --> 00:29:11,240
nothing wrong with them.
They're just not good people.

534
00:29:12,000 --> 00:29:15,760
But the majority of people that
are committing crime are they

535
00:29:15,760 --> 00:29:18,280
have mental health issues, they
have addiction related issues.

536
00:29:18,280 --> 00:29:22,160
A lot of times they have both
issues and I've been multiple

537
00:29:22,160 --> 00:29:26,880
times where I've caught somebody
doing something, name it a hit

538
00:29:26,880 --> 00:29:28,520
and run.
They're doing shop lists.

539
00:29:28,520 --> 00:29:32,280
They've done a burglary, for
example, and didn't hurt

540
00:29:32,280 --> 00:29:36,440
anybody.
And they come to me usually as

541
00:29:36,440 --> 00:29:37,680
an investigator, get to know the
person.

542
00:29:37,680 --> 00:29:39,080
They get to a point where
they're like, Kevin, I want to

543
00:29:39,080 --> 00:29:41,480
do the right thing, right?
They admit to what they did.

544
00:29:41,480 --> 00:29:43,280
They throw themselves on the
mercy of the court and they

545
00:29:43,280 --> 00:29:48,400
genuinely, they're ready to do
the work and you can't make

546
00:29:48,400 --> 00:29:50,280
anybody want to do the work.
They've got to be ready.

547
00:29:50,520 --> 00:29:53,080
Themselves.
Right, but they're ready to do

548
00:29:53,080 --> 00:29:55,120
the work.
So we go to the court and I am

549
00:29:55,120 --> 00:29:58,160
now I'm always the advocate for
the victim.

550
00:29:58,800 --> 00:30:02,400
So people are like, well, you're
a restorative justice person or

551
00:30:02,720 --> 00:30:05,360
are you more of accountability
based person?

552
00:30:05,360 --> 00:30:08,280
Well, to be honest, I'm both,
I'm both, right.

553
00:30:08,280 --> 00:30:10,920
I I think that the two are not
mutually exclusive.

554
00:30:11,360 --> 00:30:15,000
So we go to the court through
the prosecutor and the judge

555
00:30:15,000 --> 00:30:20,000
says, OK, you got, we've got to
find you a bed, get you into

556
00:30:20,000 --> 00:30:22,800
treatment, you complete the
treatment program and then you

557
00:30:22,800 --> 00:30:25,760
do not commit any more crimes
for X amount of time.

558
00:30:26,040 --> 00:30:28,320
And then we can dismiss these
charges and the victims are

559
00:30:28,320 --> 00:30:30,280
happy with that.
And guess what?

560
00:30:30,400 --> 00:30:35,080
We have nowhere to put them.
Yeah, it doesn't.

561
00:30:35,160 --> 00:30:38,920
I mean, how many people, how
many people have seen that where

562
00:30:38,920 --> 00:30:43,080
you've got a relative, somebody
that you love, a a friend that

563
00:30:43,080 --> 00:30:45,040
they go in and say to the
hospital for some kind of mental

564
00:30:45,040 --> 00:30:47,360
health issue and they've also
got addiction related issues,

565
00:30:47,360 --> 00:30:49,360
right?
And then the hospital makes an

566
00:30:49,360 --> 00:30:51,840
average of like 18 to 20 calls
trying to find a facility that's

567
00:30:51,840 --> 00:30:55,120
not related to them to go put
put them into.

568
00:30:55,400 --> 00:30:58,400
And maybe they find a facility,
maybe they don't and they get

569
00:30:58,400 --> 00:31:00,320
done with their 30 days because
that's what the insurance is

570
00:31:00,320 --> 00:31:02,200
going to pay for most times 28
days.

571
00:31:02,560 --> 00:31:06,160
And then they've graduated from
what nobody knows.

572
00:31:06,160 --> 00:31:07,880
And then trying to get him to
step down care.

573
00:31:07,880 --> 00:31:09,920
It's just everything's all over
the place.

574
00:31:09,920 --> 00:31:15,800
And that's, that's what we are
working on solving is putting

575
00:31:15,800 --> 00:31:19,360
things together where you're our
patient and, and this has been

576
00:31:19,360 --> 00:31:23,720
done successfully.
And we have members from that

577
00:31:23,720 --> 00:31:26,000
original group that are that are
advising us.

578
00:31:26,560 --> 00:31:31,200
So there was a gentleman who
basically said, and this is not

579
00:31:31,200 --> 00:31:34,520
too long ago that he was going
to create him and his group were

580
00:31:34,520 --> 00:31:39,600
going to create all four, all
four pillars of this ecosystem.

581
00:31:39,600 --> 00:31:43,160
They were going to do detox,
they were going to do inpatient

582
00:31:43,160 --> 00:31:44,600
treatment.
They're going to do step down

583
00:31:44,600 --> 00:31:46,120
treatment and outpatient
treatment.

584
00:31:46,440 --> 00:31:50,080
And included in that is, is very
is like life training and life

585
00:31:50,080 --> 00:31:51,840
skills and different things,
right?

586
00:31:52,520 --> 00:31:54,680
And they had successfully done
this.

587
00:31:54,680 --> 00:31:59,360
They had successfully rolled up
companies, the these smaller

588
00:31:59,360 --> 00:32:03,280
centers helped expand them and
made them into one ecosphere.

589
00:32:03,280 --> 00:32:09,640
But but basically there was, I
believe it was him, but I don't

590
00:32:09,640 --> 00:32:12,000
quote me on that, but he ended
up getting getting cancer.

591
00:32:12,720 --> 00:32:16,240
And because of all of this, they
had to exit before they wanted

592
00:32:16,240 --> 00:32:20,720
to exit and they sold to
traditional private equity.

593
00:32:21,520 --> 00:32:26,080
And because they didn't
understand our side of the

594
00:32:26,080 --> 00:32:29,840
business, which has like there
is so much market available for

595
00:32:29,840 --> 00:32:31,120
this.
Like I can't even describe it.

596
00:32:31,120 --> 00:32:33,920
Like the state of Utah's
basically come and said we need

597
00:32:34,440 --> 00:32:37,120
a whole bunch of beds.
I mean, there's so much market

598
00:32:37,120 --> 00:32:38,480
for this.
But they didn't understand it

599
00:32:38,720 --> 00:32:42,640
and they understood just
straight, straight multi family.

600
00:32:42,640 --> 00:32:45,520
So they basically unraveled all
the work that was done by this

601
00:32:45,520 --> 00:32:48,920
company and just turned them
into apartments again and

602
00:32:48,920 --> 00:32:53,600
townhouses again and so forth.
So in one way that's terrible,

603
00:32:53,600 --> 00:32:56,480
but in the other way, like this
has already been done.

604
00:32:56,480 --> 00:32:58,600
It's, it's completely doable,
right?

605
00:32:58,960 --> 00:33:02,280
So we have them advising us and
we're working it on doing this

606
00:33:02,280 --> 00:33:08,960
in on a much larger scale, so.
So is this your first one or or

607
00:33:09,280 --> 00:33:14,360
do you have a like a whole like
AI don't know multiple, multiple

608
00:33:14,360 --> 00:33:16,520
of these sort of combo things?
Yeah.

609
00:33:16,520 --> 00:33:18,840
So there's, there's a whole lot
in process right now.

610
00:33:18,840 --> 00:33:25,960
So we, we have, we have them, we
own a portion of one particular

611
00:33:25,960 --> 00:33:29,720
dual, dual section like multiple
clinics right now where they've

612
00:33:29,720 --> 00:33:32,840
got detox and they've got
residential recovery.

613
00:33:33,120 --> 00:33:35,040
There's properties under
contract.

614
00:33:35,040 --> 00:33:37,400
There's a bunch going on.
There's money coming in expected

615
00:33:37,400 --> 00:33:42,400
from a large group of investors
like on the accredited side here

616
00:33:42,400 --> 00:33:43,760
like in the next week to two
weeks.

617
00:33:43,760 --> 00:33:45,680
And that capital is going to
immediately get deployed.

618
00:33:45,680 --> 00:33:50,040
And we're talking like most
likely like $10 million plus in

619
00:33:50,040 --> 00:33:51,520
what we're doing.
So there, there's a whole lot

620
00:33:51,520 --> 00:33:54,560
going on right now.
It's it's actually pretty,

621
00:33:54,600 --> 00:33:58,480
pretty exciting.
So yeah, I.

622
00:33:58,840 --> 00:34:01,640
Plan there where you go with
this, because the way reggae

623
00:34:01,640 --> 00:34:05,680
plus works for those who don't
know, if you're not familiar

624
00:34:05,680 --> 00:34:08,560
with what we're talking about,
it's not as hyped up type of

625
00:34:08,560 --> 00:34:10,920
music.
If you go to ChatGPT and you say

626
00:34:10,920 --> 00:34:17,040
what's reggae plus, it will come
back and say REGGAE space PLUSI

627
00:34:17,040 --> 00:34:20,920
correct it every time and so so
you can credit me when it starts

628
00:34:20,920 --> 00:34:24,480
getting it right but.
It's your investment month.

629
00:34:25,120 --> 00:34:29,480
Yeah, I said.
But it is one of the provisions

630
00:34:29,480 --> 00:34:32,440
that were authorized in the 2012
JOBS Act.

631
00:34:32,760 --> 00:34:37,440
And it is what it is where you
the the, the reason why Wall

632
00:34:37,440 --> 00:34:41,040
Street and the big institutional
that Kevin is talking about like

633
00:34:41,040 --> 00:34:45,560
it is because you have to have
this higher level of financial

634
00:34:45,560 --> 00:34:50,199
review, an audited review that's
considered an SEC level audited

635
00:34:50,199 --> 00:34:54,280
review that gets put that gets
filed with the SEC.

636
00:34:54,719 --> 00:34:58,240
And so people and then the
outcome they can set it up.

637
00:34:58,240 --> 00:35:01,000
It's like a use was the
traditional bond, the kind of a

638
00:35:01,000 --> 00:35:05,280
thing that had been part of it
till they split it out and they

639
00:35:05,440 --> 00:35:10,920
they loosen some of the rules up
for what companies had to do

640
00:35:10,920 --> 00:35:12,560
prior.
They had a higher bar when it

641
00:35:12,560 --> 00:35:16,760
came to the financial financial
statements, but less of a bar in

642
00:35:16,760 --> 00:35:19,760
having to go and file with every
state and pay fees in every

643
00:35:19,760 --> 00:35:21,160
state that they wanted to
operate in.

644
00:35:21,640 --> 00:35:25,000
And so and the ability to
anybody that can that can't

645
00:35:25,000 --> 00:35:28,480
invest in it, but it big money
loves it because it has such a

646
00:35:28,960 --> 00:35:33,560
sort of a it it's it's less of
unknown as it is when dealing

647
00:35:33,600 --> 00:35:37,120
with pure startups that you
don't know what the future is

648
00:35:37,360 --> 00:35:39,040
this.
And then I think in particularly

649
00:35:39,040 --> 00:35:40,960
because of what you're doing
there at North Star that you've

650
00:35:40,960 --> 00:35:46,440
got because you have this model
of these four key pillars and

651
00:35:46,440 --> 00:35:50,680
it's grounded in real estate.
It takes on a whole nother vibe

652
00:35:50,680 --> 00:35:53,080
than just invest in a company,
yeah.

653
00:35:53,400 --> 00:35:57,000
We think so.
Are y'all operating but you

654
00:35:57,000 --> 00:36:00,000
partnering with the companies
that are operating this so they

655
00:36:00,000 --> 00:36:02,480
continue to operate, you're like
the landlord like in that

656
00:36:02,480 --> 00:36:06,440
franchise model where you are
correct real estate that they're

657
00:36:06,440 --> 00:36:08,880
operating the franchise in.
Right.

658
00:36:08,880 --> 00:36:13,800
And then the overarching right
system, we'll make sure, of

659
00:36:13,800 --> 00:36:17,280
course, the standards are met,
standards of care, regulation

660
00:36:17,280 --> 00:36:19,280
and so forth.
But for the most part, basically

661
00:36:19,280 --> 00:36:21,080
the operators, they're already
doing a good job as operators,

662
00:36:21,080 --> 00:36:23,760
They're passionate.
And different operators do

663
00:36:23,760 --> 00:36:27,120
treatment in different ways.
So the idea is to have these

664
00:36:27,120 --> 00:36:29,040
different options for treatment
depending on what meets the

665
00:36:29,040 --> 00:36:31,840
individual the best, right?
Because what'll happen is

666
00:36:31,840 --> 00:36:34,840
somebody goes into one company
for treatment, it doesn't work

667
00:36:34,840 --> 00:36:37,600
for them and they're just out
and they're back out on the

668
00:36:37,600 --> 00:36:38,600
street.
And that's not what we're

669
00:36:38,600 --> 00:36:39,960
looking for.
We want to be able to raise the

670
00:36:39,960 --> 00:36:43,000
flag where somebody's a weekend.
This isn't working for me.

671
00:36:43,000 --> 00:36:44,480
That's OK.
We'll move you over to Facility

672
00:36:44,480 --> 00:36:48,080
C where they do things a little
bit differently, right?

673
00:36:48,080 --> 00:36:50,120
And and have a much better
chance of success.

674
00:36:50,120 --> 00:36:52,960
And if somebody relapses, we
don't want you to have to go

675
00:36:52,960 --> 00:36:55,600
back to square one from the
ground up.

676
00:36:55,960 --> 00:36:58,360
We want to already know you like
you're our people.

677
00:36:58,360 --> 00:37:02,520
So what, what I tell people is,
like, a lot of people think that

678
00:37:02,520 --> 00:37:05,360
you, if you want to go change
the world, like as a group, like

679
00:37:05,360 --> 00:37:09,600
all of us like together, that,
that you have to, there's a

680
00:37:09,600 --> 00:37:12,240
choice between helping people
and making money.

681
00:37:12,240 --> 00:37:15,000
And I, I think that that
couldn't be further from the

682
00:37:15,000 --> 00:37:17,800
truth, right?
Some people say, well, you

683
00:37:17,800 --> 00:37:19,360
shouldn't make money on this
kind of things.

684
00:37:19,360 --> 00:37:23,280
Well, I mean, I hate to give
people a news flash, but most

685
00:37:23,280 --> 00:37:24,840
investors are not going to
invest their money if they're

686
00:37:24,840 --> 00:37:26,920
not making money.
It doesn't matter whether you

687
00:37:26,920 --> 00:37:29,320
like that concept or not.
That's just the way that it is.

688
00:37:29,760 --> 00:37:32,400
So the idea of compassionate
capitalism where you're actually

689
00:37:32,400 --> 00:37:34,480
doing something good in the
world.

690
00:37:34,880 --> 00:37:39,400
Our entire, what we are working
for is five years from now, 10

691
00:37:39,400 --> 00:37:41,880
years from now, when you look at
addiction recovery care, you

692
00:37:41,880 --> 00:37:46,040
look at mental health care with,
with treatment and the things

693
00:37:46,040 --> 00:37:48,360
that Northstar is going to be
the only name that you know.

694
00:37:48,360 --> 00:37:51,040
And remember, there's a whole
bunch of committed people that

695
00:37:51,040 --> 00:37:53,400
are looking at, at, at doing
exactly that.

696
00:37:53,400 --> 00:37:56,600
Like if if you look at the
advisors that we have and, and

697
00:37:56,600 --> 00:37:59,240
the investors, it's amazing.
Like the group that that's been

698
00:37:59,240 --> 00:38:01,600
assembled, like the brain trust
is, is incredible.

699
00:38:03,160 --> 00:38:05,320
Yeah.
And it's and I and I it's just,

700
00:38:05,920 --> 00:38:10,520
it's, it is such a needed area
and, and ideally that your

701
00:38:10,520 --> 00:38:14,960
business model, the way you're
doing this is, works really

702
00:38:14,960 --> 00:38:17,360
well.
So it can be, you know, this

703
00:38:17,360 --> 00:38:22,120
success system can be, you know,
you know, put into, you know,

704
00:38:22,120 --> 00:38:26,120
down the street or in another
state or all over the place

705
00:38:26,120 --> 00:38:30,000
because, you know, we, as you
say, there's a huge shortage for

706
00:38:30,000 --> 00:38:34,200
it.
And I mean, the whole idea

707
00:38:34,200 --> 00:38:38,640
behind capitalism is you're
finding a need, you're, you're

708
00:38:38,640 --> 00:38:41,600
fulfilling that need at an
affordable price.

709
00:38:41,600 --> 00:38:43,840
So people will want to buy
whatever it is that you're

710
00:38:43,840 --> 00:38:47,640
offering.
In this case, it may be you know

711
00:38:47,640 --> 00:38:51,520
it may be government assisted or
private insurance care.

712
00:38:51,680 --> 00:38:54,480
Or different.
Sort of ways that people

713
00:38:54,480 --> 00:38:58,960
participate, It is a, people
aren't in there forever.

714
00:38:59,200 --> 00:39:03,760
It's a, it's a, it's a solution
to get them to be back being

715
00:39:04,000 --> 00:39:07,600
productive members of society
and contributing to society

716
00:39:07,600 --> 00:39:12,880
instead of being a, you know,
somebody that has to have help

717
00:39:12,880 --> 00:39:16,680
and aid rather than giving help
and aid, you know what I mean?

718
00:39:16,680 --> 00:39:21,600
And so it is, there are so many
levels at which this is needed

719
00:39:21,880 --> 00:39:24,480
and it has to pay for itself,
right?

720
00:39:24,480 --> 00:39:28,880
I mean, it has to, that's right.
And anybody you know the, the

721
00:39:28,880 --> 00:39:32,800
difference of, of I think the
way you're doing it with

722
00:39:33,240 --> 00:39:37,120
individual money going in as
part of this and the, and your

723
00:39:37,120 --> 00:39:41,360
purpose is that it's not just
the bottom line dollars and

724
00:39:41,360 --> 00:39:45,080
cents that it would be if it had
been the big private equity fund

725
00:39:45,080 --> 00:39:47,520
that you mentioned that came in
and said, we don't understand

726
00:39:47,520 --> 00:39:48,840
this model.
So we're just going to become in

727
00:39:48,840 --> 00:39:51,040
an apartment complex again.
Right.

728
00:39:51,440 --> 00:39:54,840
You know, they didn't understand
where that the revenues or

729
00:39:54,840 --> 00:39:56,800
what's the purposes or the
impact it has.

730
00:39:56,800 --> 00:40:00,600
And you know, the ripple effect
of what it of how this can be,

731
00:40:00,600 --> 00:40:04,200
what the everything that about
what you're doing is just

732
00:40:04,200 --> 00:40:05,880
profound.
So I wish.

733
00:40:05,920 --> 00:40:08,200
Thank you.
All the success, I hope

734
00:40:08,200 --> 00:40:11,040
everybody that listens to this
today and in the future and all

735
00:40:11,040 --> 00:40:13,760
the other time and all the other
clips that we're going to do get

736
00:40:13,760 --> 00:40:15,240
it.
They're going to go to they're

737
00:40:15,840 --> 00:40:18,920
going to get my book.
So they know, understand this is

738
00:40:18,920 --> 00:40:24,200
part of the journey of building
your portfolio of companies, but

739
00:40:24,200 --> 00:40:27,360
you're going to go to Northstar
Recovery dot care and check it

740
00:40:27,360 --> 00:40:28,560
out.
And I always have to do the

741
00:40:28,560 --> 00:40:31,240
disclaimer, this is not
investment advice.

742
00:40:31,720 --> 00:40:36,040
Any decisions you make to invest
in Northstar Recovery is your

743
00:40:36,040 --> 00:40:39,200
own decision.
You must go through all of the

744
00:40:39,200 --> 00:40:42,760
paperwork and disclosures and
everything that they that they

745
00:40:42,880 --> 00:40:46,360
offer you before making your
investment decision because it

746
00:40:46,360 --> 00:40:49,440
is between you and them to make
the decision.

747
00:40:49,440 --> 00:40:52,640
I am just here passing along
information or something that I

748
00:40:52,640 --> 00:40:55,840
think is really excited that I
am passionate about myself.

749
00:40:57,040 --> 00:41:01,200
Thank you so much for the time.
And we really believe that, you

750
00:41:01,200 --> 00:41:03,960
know, the regulation, a fund
being ready, it hasn't been

751
00:41:03,960 --> 00:41:07,400
ready for very long that as we
get out in the world, like on

752
00:41:07,400 --> 00:41:12,120
your podcast, Karen, this is
going to go viral.

753
00:41:12,120 --> 00:41:13,680
People are going to know who we
are.

754
00:41:14,040 --> 00:41:15,440
And it's it's one of those
things.

755
00:41:15,440 --> 00:41:17,560
And you know, when Apple
computer started, you could get

756
00:41:17,560 --> 00:41:19,920
shares of Apple for really
reasonable prices.

757
00:41:20,480 --> 00:41:22,960
You know, and those things
happen before Apple was Apple.

758
00:41:22,960 --> 00:41:25,840
And we really think that we're
going to be that, but in our

759
00:41:25,840 --> 00:41:27,800
space.
So thank you so much for the

760
00:41:27,800 --> 00:41:30,000
opportunity to connect with your
audience, Karen.

761
00:41:30,800 --> 00:41:32,880
Thank you.
Yes, I thank you Kevin for being

762
00:41:32,880 --> 00:41:36,800
such a great guest and onwards
and upwards everybody.

763
00:41:36,800 --> 00:41:38,840
Have a great day.
Bye bye.

764
00:41:41,160 --> 00:41:44,480
Thank you for listening to this
podcast, The Compassionate

765
00:41:44,480 --> 00:41:48,280
Capitalist Show, brought to you
by Cougar and Capital Holdings

766
00:41:48,600 --> 00:41:54,960
with Karen Brands as host.
You are encouraged to visit the

767
00:41:54,960 --> 00:41:59,880
website cougarand.com to learn
more about how Karen and her

768
00:41:59,880 --> 00:42:03,800
team help investors and Angel
groups make money by avoiding

769
00:42:03,800 --> 00:42:08,120
investing in deals that suck,
and how the Cougar and Capital

770
00:42:08,120 --> 00:42:11,560
companies and partners help
entrepreneurs breakthrough their

771
00:42:11,560 --> 00:42:14,480
barriers to capital and live
their dream by building

772
00:42:14,480 --> 00:42:17,720
companies that can scale and
create generational wealth for

773
00:42:17,720 --> 00:42:21,960
their founders and investors.
If your business could benefit

774
00:42:21,960 --> 00:42:25,880
from exposure to our audience of
business executives,

775
00:42:26,120 --> 00:42:29,480
entrepreneurs, and investors, we
are seeking financial partners

776
00:42:29,480 --> 00:42:32,080
and sponsors for The
Compassionate Capitalist Show to

777
00:42:32,080 --> 00:42:36,120
help us take this podcast beyond
our 150,000 listeners and

778
00:42:36,120 --> 00:42:39,080
amplify the message of the
compassionate capitalist

779
00:42:39,080 --> 00:42:43,200
movement by making this a Top 50
business podcast.

780
00:42:43,760 --> 00:42:46,360
The Compassionate Capitalist
Show is available on YouTube,

781
00:42:46,360 --> 00:42:50,560
Apple podcast, iTunes, TuneIn,
Stitcher, Spotify, Pandora, and

782
00:42:50,760 --> 00:42:54,600
Google Podcast.
Contact us at karenrands.co to

783
00:42:54,680 --> 00:42:57,520
learn more.
And as a listener, you can do

784
00:42:57,520 --> 00:42:59,600
your part of the Compassionate
Capitalist movement by

785
00:42:59,600 --> 00:43:04,200
subscribing wherever you listen
to podcasts and sharing this

786
00:43:04,200 --> 00:43:07,000
show with your friends and
colleagues.

787
00:43:07,240 --> 00:43:11,840
Be sure to pick up your copy of
Karen's bestseller that launched

788
00:43:11,840 --> 00:43:13,400
the Compassionate Capitalist
Movement.

789
00:43:13,640 --> 00:43:15,760
Inside secrets to Angel
investing.

790
00:43:16,040 --> 00:43:19,680
A step by step strategies to
leverage private equity

791
00:43:19,680 --> 00:43:22,040
investment for passive wealth
creation.

792
00:43:23,760 --> 00:43:24,720
Thank you for listening.