Hello Break Through Entrepreneurs, welcome to the show. Before I jump into this weeks episode I want to extend a personal invitation to join me in the Break Room Zoom Party. Twice a month I host a gathering of entrepreneurs, You get to promote your business, network with other entrepreneurs and get exposure when the party is published as an episode on the podcast. Go to www.breakawaybusinesscoaching.com to learn more and sign up . It’s free and all the cool small business owners are doing it. I’ll see you at the next Break Room Zoom party!
Talking about retirement is boring right? Not with Matt Franklin. This week Matt shares his experience on Shark Tank, how it lead to a financial windfall – which he immediately spent… He learned from that mistake and now has fully funded his retirement. In his podcast Rouge Retirement Lounge Matt shares his insights, expertise and passion with entrepreneurs on how to retire rich. Thanks Matt, for my new favorite saying – The best time to plant a tree is 20 years ago, the second best time is today.
Today we talked about:
Much neglected Solo Self Directed IRA
Company matched 401k
Entrepreneur objections to saving for retirement:
Their business is their retirement
I don’t want to retire
No one teaches you how
Check out Matt’s podcast Rogue Retirement Lounge
Shout out to – Adam Schaeuble’s Podcasting Business School. If you’ve ever thought about starting a podcast, Adam’s your guy!!
More about Matt:
Matt Franklin is a serial entrepreneur from Portland, OR. He’s run a one-man video production company since 2006 and he’s a part-time product developer. His most successful product landed him on Shark Tank in Season 4.
Since his Shark Tank appearance, he’s spoken with hundreds of entrepreneurs of all experience levels as they try to launch new products and businesses. In doing so, discovered that self-employed people are terrible about retirement planning and investing. Whether it’s a lack of financial education, the belief their business will end up funding their retirement, or simply procrastination, being behind on retirement preparation seems to be a universal problem among entrepreneurs.
Upon realizing that he too, was woefully unprepared for his golden years, Matt became obsessed with retirement investing, while at the same time running his businesses. He completely overhauled his investment strategy, and by getting out of the stock market and into cash-flowing investments like rental houses and apartment syndications, he was able to shave ten years off his working life. Now enjoying “pre-tirement,” Matt is hosting a podcast called the Rogue Retirement Lounge. His mission is to help entrepreneurs and self-employed people develop retirement strategies so that they won’t have to work into their seventies.
Name: Matt Franklin
Phone: (503) 705-2421
LinkedIn – https://www.linkedin.com/in/bottlerocketlabs/
Twitter – @LoungeRogue
Instagram – @lairdgrainger
Or listen on your favorite player:
If you have questions, please send an email to
I’ll answer your questions on an upcoming Q & A podcast.