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A
Good people need to get rich.
B
That one deal is worth more than my 401k is going to be worth in 30 years from now.
A
95% of people shouldn't be business owners.
B
We had 100% seller financing. The purchase price was 650,000. We did 60 grand down. So zero money out of pocket.
A
The cost of capital is greater for me not having access to this.
B
Last year we spent $70,000 on self development.
A
I just posted a video about that and people were crucifying me. Long time coming, brother. Welcome to the Action Academy podcast.
B
Thank you, man. Glad to be here. Definitely. Long time coming, man.
A
I am so excited to share your story and all the things that you've accomplished and things that you've overcome and stuff that you and your family have been able to pull off here. And especially this last seven months, man, it's been an absolute whirlwind. You guys have skyrocketed past the net worth millionaire status. So for people listening, like, tell us like who you are today, like what happened and then we'll kind of reverse engineer it in different parts of your story to pull out.
B
Yeah, absolutely. So to start things off, Andrew Bennett, I'm a husband, father, I've got two kids, five, six year old boy almost now and eight month old girl. Um, so kind of what happened was, you know, I was constantly in that whirlwind of I knew I wanted a business, I was in a W2 job that it was a great job. Like everything went really well, great paying, great people, great atmosphere, but it just wasn't aligned. So you know, obviously listening to Action Academy and you know, multiple other podcasts and reading all the books, stuff like that, it didn't really start taking effect until like I, you know, pulled the trigger and joined Action Academy. So that was a big thing for me to get into that group where, you know, I'm surrounding myself with people that know what I'm trying to do, understand what I'm trying to do and like are doing it themselves. So that was probably the turning point of where everything started, know, taken off for us. Yeah. So right now my wife and I own a health and wellness center and we own a restaurant as well. Partnered with my dad and stepmom.
A
So yeah man, it's. And how this came to be is absolutely crazy because. And I want to go into like how you set up the vision with you and your wife. There was a trip to the Dominican Republic where you guys afterwards were like, this is what we want. And it was this crazy idea that you Guys had no idea how it would happen. And then the next day you see it for sale. And. And so we'll get into that as well. But first I want to go back to. You have now left your W2 to be able to run this with your wife and to be a more present father to your, to your two children. This isn't the first time that you've tried to leave your W2. You try to leave your W2 prior. So this is the second time. So what's the difference between when you try to leave it the first time versus the second time now that it's stuck?
B
Honestly, a decision, you know, like, you know, I felt like I was going to, I was going to try to make it work and wait for the perfect time. And there's. Sometimes you just have to create it. Like you just make that decision and that is the decision. You have to make that the right decision. So maybe there isn't a right decision or a right time or perfect time. You just make that choice, make that decision and make it right. And that's kind of what happened the second time. So what led into the first time was actually like, you know, I was working full time, two businesses, father of two, you know, all the, all these things were going on actually at the time. My wife was pregnant with my daughter and I went for an annual physical and like at work, everything that they have set up and they sent me home that day because my blood pressure was through the roof. They're like, I don't even understand this. You were completely healthy last year. What happened? You know, and it wasn't that I was, I didn't feel stress. I thought everything was, was good. You know, I was kind of juggling a bunch of different things and, and I wasn't. So it was just a matter of having so much going on all the time. And I. It was kind of a wake up call. Like, okay, something needs to get dropped here, you know, before I drop. And I need to make this thing happen. So, you know, I've got two kids, I've got a wife, I've got a couple businesses and you know, obviously years ahead of me. I need to make this thing the right choice. So we went back to the playbook and started just making things happen. We're like, okay, we're gonna do this. We cash out the 401, we can do this. That sounds crazy to a lot of people, but to me it didn't, you know, just. Yeah, just a number of different things like that we had bought a piece of property. And when we got into action academy, because it's like, well, yeah, let's do the lane flipping thing. You know, bought that, kind of held onto it for a couple years, and then I sold that, and that helped me get out of my W2 as well. So it was like just a number of things lined up at the right time, and it was basically just a decision.
A
I love that because we tell a lot of people that there's either one of two paths that you can take out of corporate, which is like, the first one is you can have enough pain to make a change, which you kind of had both and I kind of had as well. And a lot of people that are listening to this when they start thinking about it have had both. Number one is like kind of that health scare where you're like, wow, like, this needs to change. Like, I want to be around my kids. And then the second one was, okay, now a compelling enough vision for the future. So it's enough pain to push you out or a vision to pull you out. And so you kind of combine both, and then that's how you were finally able to get out. So did you end up actually cashing out your 401k?
B
Yeah, we're working on it right now. It's only been so. It's been a month ago. I honestly, the stock's fluctuating a little bit, and 90% of my 401 is in that business stock. So I'm just kind of waiting for that little peak to happen. But, yeah, we're right there. So, yeah.
A
What, what, what went into that decision? Because I just posted a video about that and people were freaking crucifying me, you know.
B
Well, what went into it was so back to your thing about the vision with, you know, from Dominican. So when my wife and I were in Dominican on the action academy trip, we kind of broke down to the sessions. Right. We didn't have much clarity going into this trip, and that's kind of what we were there for. We were just searching for it, and we found it, like, almost immediately. I mean, the first day we sat down for lunch, I think you sat down with me, Cody Barton, Chris Goodman, you know, Alex Schlo. Like, everybody was all there. And then we dissected our business before the event even started. So from that point, we moved into, you know, the breakout sessions and things like that. And both of us found, like, our positions in our business that we needed to be in. And from that point, we agreed on it and said, yeah, let's do this we created the vision and part of our vision was we're going to buy a building because right now we're renting and actually from a good buddy of mine, Austin Woodruff, who's also on Action Academy, renting a place from him right now. And this building. When we had a vision that we're going to buy a building and make this happen, like scale out even 10 years ago, we talked about having, you know, like a healthy cafe in our health and wellness center and this building directly across the street from us. As soon as we got back from Dominican, they flipped a for sale sign over the real. And next thing you know, my wife sends me a picture. She's like, we have to figure this out. We gotta buy this. So immediately I called the sellers. I'm like, hey, what can we do? Let's, let's, let's, you know, tour this place. Let's get it done. So we did that that day and it was a Friday and then, and then we went and made an offer that night long. Seven months later we got it. And to me that's, you know, that one purchase and that one thing that was set up through the help of Clark Juan, who helped me like negotiate deals, who's also an action academy, that one deal is worth more than my 401k is going to be worth in 30 years from now. So, you know, what more can I do? You know, after the, after repair value, this building is done and set up and ready to go, you know, in a couple years. That's my four to one. So. So if we can do this again and again again, then my 401 is, you know, kind of, it's just out of the picture at that point.
A
Yeah, I mean, to go back to that really quickly and then I want to touch on the vision and how, how you and your wife were able to not only figure out where you were going, but what roles that you played in that. I think that's super important. You don't want to hit on that. And then we'll get into the, how you structured this deal. But for the 401k, it's like for anybody that's listening that, you know, if they have no path or no options to deploy their capital, then for sure, like most people, that's what the 401's designed for. It's just like you're working a corporate job. You know, you get an employer match, you throw it in there and you know, you sit in and forget it and then you've got a little Nest egg for retirement. But then when you're actively investing, then that's when I realized I was like, oh, my goodness. Like, I can take this money and just actively deploy it, even if I pay the penalty for the early withdrawal. The cost of capital is greater for me not having access to this. And then everybody was like, well, you could take loans against your 401k. I'm like, yeah, you can do that too. But then you have to redeploy all that passive income back into your 401k. Like, you're not using that to pay your mortgage. You're not using that to pay your bills. You're not. You can't even buy a cheeseburger. It's going back into your retirement vehicle. So it's great for LP investing. So if somebody's got 500 grand in a 401k and they're not touching it, they don't need it for sure. Invest as an lp. But, like, for what me and you were trying to do, I think it's the right decision. So walk through the vision process. So you go into the Dominican Republic. So that's one of the international events that we do at Action Academy. We just did another Dominican one a couple of weeks ago, and it was super fun. But walk through, walk like, through that for people so they may hear that and they're like, okay, Dominican event. Like, what is that? What do you guys do? Do you guys hang out at the beach? Like, how does that process work? And then, like, how did you guys actually get the clarity? So let's start there and then we'll get into how y' all kind of defined your roles.
B
Okay. Yeah. So the Dominican event, we showed up, we had all of our own villas and stuff like that where we were partnered with, you know, like, our villa had four other people in it, and it's all people trying to do the exact same thing that you're trying to do. And.
A
Yeah, asset class and stuff.
B
Yeah, yeah. Compared to. Yeah, with the same asset class. So that was awesome. We had some heavy hitters in ours and, you know, that was. That was really just great. So it kind of sets the tone. You get there, you know, people around you are doing the same thing, and you're just. You're on vacation, you're away from your hometown, you're away from everything that's going to kind of distract you. You know, you're. You're just in there and you're in your focus. You're, like, dialed in on what's going to happen. You've got speakers that you brought out that were amazing. Chris Goodman, I. I coached with him for over a year. I mean, he was amazing. He's a huge part of this success and can give kudos enough to him and Shout out Chris. Yeah, shout out to Chris for sure. But. But yeah, and Cody Barton, I mean, he dissected the business within just a couple of minutes and just kind of figured out some of our pain points and. And yeah. So, I mean, we hung out by the pool, we went out, we had a golf cart. We're, you know, traveling back and forth between the things. It was, it was a great time. It was a good, you know, like, we needed to relax and it was good to have that. And also, it was a business trip, right? So that was.
A
It's a. It's a weird, weird hybrid between the two. And the reason we do that is because intentionally, it's like a lot of people that do retreats is like, we do them in these conference centers and all this stuff. It's like, we do them international, we do them at the beach because we need to get you guys out of your current, like, state and out of your current zone, out of your current comfort, and then, like, force you into a new environment that's like, as soon as you kind of take time to not be bombarded by all this different stuff, you can relax, just take time to actually chill and sit and just think and watch the sunrise. And that's where all this stuff and that's where all the clarity comes. So it's also a byproduct of the environment. That's super cool, man. So how did you and your wife, A lot of people struggle with, you know, maybe they go. Go to an event like that. They come back, they have clarity. You brought your wife. So that's something that we do.
B
That's.
A
I think that's pretty cool where you guys are all bringing your spouses now. I think it's like 50% of people bring their wives or husbands to these things now. Like, how does that process go for you? Creating the vision of where she's super excited. You're super excited because most of the time you have, like, one partner that's super gung ho and the other one's like, I don't really know. So what's your advice there?
B
Yeah, so, I mean, definitely bring your spouse. I mean, it's. You have to be there to kind of understand, I guess, like, the full. The feeling of it. But I mean, my spouse also is. Is a business partner, I guess. In the grand scheme of things as well. Like, she is the chiropractor to our health and wellness center. And so we. We have a lot. And that's, you know, that could be challenging, too, because you don't want to bring business home all the time. And every date night, you're talking about business and all these things. So if you can go and you can get that clarity, and then you can create systems that allows you to not have to do that every time. So, like, if you go on a date on Friday night, it's not all about business, because we talked about business Monday morning. We talked about business while we golfed on Monday, you know, during the day, because that's our business time. So we have times that are sorted out for that. And sometimes it does. Like, naturally things happen and it goes over, but we try to keep that, especially now. Back then, we didn't have that clarity, but now we're starting to learn a lot about that. And bringing her along was amazing. Like, I wouldn't have wanted to go. Honestly, without her. It was great. So where we got our clarity there was the breakout sessions, like, we went. And those were awesome. She went to her own, which was great, and I went to my own. And, you know, you have a group of five, six people, and you basically share your story of, this is what I have going on. This is who we are. And the people around you will talk as if you're not there, and they'll say, well, I don't know why Andrew doesn't realize this. What, you know, what is he thinking? And it's so weird.
A
It's so weird because you're sitting there, you're not allowed to speak to them. They're all. You're not in the room, and it's like kind of a ghost seat. Or you're, like, sitting there and you just have to listen what everyone else is doing as they're fixing your problem.
B
Yep. And they. And then they just move on to the next person. So it's not like you're going to explain yourself and say, but I did this or, but I did that. No, it's like, this is some good stuff that you need. It's feedback from the outside that you need to have. And she got hers and I got mine. And we went back to the villa that night. We didn't even go out or do anything. We hung out at the pool, had a couple of drinks, and literally just decided, this is like, okay, I love business. Right? So that's my thing. And she does not like Business. She loves being a chiropractor. Perfect. Let's put the two two together and make, and make this thing happen. And since then, it's, I mean, it's been great. Like, we fire, you know, some really crucial hires. We have an amazing team and we couldn't do it without them. And like, all of this had to be aligned for that to happen. And then since we left at Dominican, we went and joined a coaching program specifically for chiropractors. Took our team there and, you know, just did all these things and it's, it really, you know, it stemmed from that event.
A
Wow. Dude, that's absolutely insane. So walk us through now. So you got. You guys get home and you've got this vision for her being the chiropractor. Now you being the business owner, you want this cafe and then you come home and you see this building with this for sale sign. So now walk through this deal. Like what happened over the, the next seven months for you guys to get this thing under contract and to get this thing closed. Because first off, I want to give you some kudos because you did what I call an action anchor. So you had this idea. When you have an idea, you have to immediately take some type of action to solidify the idea. Otherwise it's going to be gone like that. And you guys did like, no, I'm calling them. We're figuring it out. Let's go, let's do it. And I freaking love that. So kudos to you on that. So walk us through this deal in the seven months.
B
Yeah, I mean, so again, the for sale sign flipped over the edge. It's directly across the street from where at? So my wife immediately sends me a picture. I'm at work, you know, just. And I get the picture. And she's like, this place just went up for sale. And it's a large building. Right. We're. We're in a smaller. Like our unit, the building itself is big, but our unit's kind of smaller. And the building was. It's a 12,000 square foot building. Big. Like, there's a lot of real estate there. There's a lot of growth opportunities for us. And it used to be a firehouse. So it's kind of cool, like the history behind it. It's very old building, very unique. And my wife just loved the building always. Actually it was a brewery and a restaurant. So we would actually go there all the time for lunch. We had a couple meetings, like with our team. We would take our team there for lunch and then when they went up for sale. Man, we. We've got to have this, you know, we can make this work. I don't know how that comes later. You know, one step at a time and the path will reveal itself. But we just had to make it happen. So we called the sellers. Sellers were amazing the whole time. I mean, it was. Could have been a better transaction, to be honest. I don't even understand it still and how smooth it went. But, I mean, thanks again to the negotiations from, like, Clark Bunn and my pod team, you know, Pod nine. Them guys really helped me out and, you know, going in there and saying, okay, this is what you guys are asking. We can definitely get you to this price, but we may have to do some seller financing. Right? Like, we've been approved from the bank for this. This amount is significantly less than, you know, what you guys are asking because it was an asset sale, too. All the brewing equipment, all the kitchen equipment, everything came with it. So we, yeah, we. We offered that to them and then they kind of. We went back and forth, like I said, for about seven months. And then we finally nailed it down at the very end. And it was. I mean, it worked out really great. We had a hundred percent seller financing. We put the purchase price was 6, 650,000. We did 60 grand down, so zero money out of pocket. And that was thanks to an investor, which is my dad. So very thankful for that and, and made that deal come together. And now we're in the process of building it out. We're getting pretty close to where it's done. We're hoping sometime the next few weeks here to be moved in there. And since we was a restaurant, we're going to take full utilization of all that equipment. We're creating, like a healthy cafe. So if you can picture something like a Panera Bread, but a healthy version of that, that's kind of what we're looking for. It's pretty small, but it's going to be, you know, just what we need. It'll kind of. That business will feed the chiropractic office, and the chiropractic office will feed that business. And Lindsay and I have talked about this, my wife, since I can remember, since, you know, 10 years ago when she's in school, we would walk the beach all the time, and we just talked about our future and this was in it. And somehow, you know, it just happened to happen in this small town right across the street from where we're at. So it definitely, definitely worked out. And then, you know, with the restaurant part, we Own a restaurant as well with. With my dad. We. We bought that three years ago just prior to joining Action Academy. So we kind of have that restaurant experience. You know, getting into this side is actually not too bad, and I think it'll be a great addition, man.
A
Yeah, it's crazy how fast things move. So Chris actually gave me a line that I really liked and I I' to heart over. Over the years, which is, he said gradually, then suddenly. So it's just, you're working, working, working. You've got this dream, got clarity, and it just feels like it's just going like a snail. And then all of a sudden it's just like, one day, one clarity, like one trip, one conversation changes everything. And you're like, whoa, okay, cool. Like, we're accomplishing everything that we said that we were going to 10 years ago, and now this is like, now we're living our freaking dream lives, man. So it's freaking. It's freaking awesome. Like, that is. That is so cool for you guys to have that sat down and written out. Because everybody thinks that strategy and vision is for, like, what to say yes to, but I mean, it's also like, what to say no to. And you guys are able to say no to a lot of things. And then while. So that's also as powerful as recognizing when that first sale sound was up, being able to see it. You're like, I'm ready to freaking go. So walk us through, like, so what's next? Like, what do you guys. What's the. What's the business plan? What are you guys doing next? Like, what's the kind of the goal for you and your family? And then the goal economically.
B
Yeah, so the goal with our family right now we're just working on scaling. So we're. We're doing this project, we're building out this business. And as of right now, like, we have one adjusting room. We have three massage therapists that work with us, which is awesome. But we have two massage therapy rooms. So now we're going to be moving. We're going to have four adjusting rooms. We have a fitness center, we have an X ray, you know, unit room, and, you know, like three, a couple other massage rooms and now a cafe. So we're going to be able to really double this, you know, the amount of patients that we see pretty pretty easily. I think the flow will be a lot better. And we're kind of getting to that point right now where we're maxing out like, every day. You know, we really can't Fit in new patients anymore. So we're trying to. This. This move will be very important for us. We're trying to scale that. That's. That's the biggest goal. Just scale that. Get comfortable with that. We want to scale the restaurant that we have with. With my dad. We're adding different services, you know, like catering and doing different events, Late night wedding, you know, snacks and things like that, graduation parties. So we really want to try to expand that business as well. Yeah, that's. That's kind of. That's kind of where we're at. We're. We're just trying to scale and make it work.
A
Cool. So what's the. What's kind of the economic vision for it? So right now it's like you guys just became net worth millionaires from this purchase. So what's the goal over the next three to five years? Like, economically, do you have any cash flow goals, equity goals, any additional acquisitions? Are we just trying to scale the businesses that we have now?
B
Yeah, definitely scale the businesses we have now. But yeah, of course we want to do some acquisitions. Like right now we're looking at a couple lakefront properties that we may or may not be getting within the next few months. We are definitely interested in things like that. Like, we just want to continue to grow our wealth and try to set up the family tree as best as we possibly can. But we also want to just expand our businesses. We want to have, you know, we want to fit our team's goals within our business goals. We want to grow this thing to where anything that they can think of to achieve, like our business will be able to provide that for them. And, you know, our team is amazing in both businesses. I mean, together we have 20, and they're. Every single one of them are. Are great. Like, we got super lucky. We acquired the restaurant and that's been great. And everybody came along with that business and, and they've been awesome from the day one till till now. So we really want to scale our businesses so that we can better support them, better have, you know, better life for them, better life for. For everybody around, you know, serve more people in the restaurant, you know, customer service and, you know, hospitality, things like that, provide more and same thing with the patients at our health and wellness center. We want to take care of more people and really just reach out to as many people as we possibly can. Kind of get the word out. Health is important, obviously with, you know, the blood pressure situation, and there's just so many things that are not discussed enough. And so if we can scale our business big enough to where we can reach more people, then that's the idea long term wise. So this building, within the few five years that we're gonna, that we own it, we have balloon at the end of five years. My goal is to refi that. I'll pay off the sellers and then I want to pull some money out and I want to invest in anything. Hospitality. I love micro resorts, you know, resorts of any kind, whether they're in the south, you know, south. I'm in Michigan, so that's why I say the south. Yeah, yeah, things like that. Hence the palm trees behind me. Like, I'm ready to go. I love Florida. That's, that's where we want to be in the, you know, in the future. So if we can have a place down there. Yeah, just travel. That's. That's our main, main goal.
A
Yeah. I was about to say, well, hell, figure out, improve the concept where you're at right now in Michigan and then be able to just take that to Florida. Maybe that's the next thing to add to the vision.
B
We have talked about that very much and our office manager, Kelsey, she's like, let's go. I'm on board with it. I'm like, all right, let's do it. Yeah.
A
So, dude, I love that and I love something that you mentioned there, which is like making sure that your employees are taken care of. Because the advice that I ever got was, you know, make your vision so large that other people's visions can fit within it. And it's the most gratifying part of business is being able to just love on your people and make their dreams come true, make their visions come true. Can you share anything about like any of the people that you work with that are on your team or you've been able to help them economically or with their, like, accomplish their vision so far?
B
Yeah. Like we, at our, at our health and wellness center, we're trying to make it like one thing that we do a lot is we try to make it as family friendly as possible. So some things, obviously it's very difficult for a lot of people is child care and things like what do we, you know, sometimes either you can't afford it or they're closed or you don't have anybody or you have to leave early or start late, you know, things like that. So we definitely accommodate all that kind of stuff. Like if you have to start late to come on in, that's fine. We're going to adjust our schedule as best we Possibly can to make that happen. People bring their kids into our office all the time. Like we have our daughters at our office full time. I mean it's a full on family practice. When you come in, you're gonna know that you have like five kids running around almost always. You know, there's, there's massages there. They're not always quiet. That's just how it is. Like it's not a spa, right? It's a healthy well in the center. So you come in, there's going to be kids there and it's a great environment. So I think that's a huge thing that really helps out because if you don't have a place like we, we don't mind at all. In fact, we love it. We want you to bring your kids in, you know, do things like that. So that kind of helps that part as far as like family goes and things like that. But yeah, as of right now, like in our, in our weekly meetings we, we ask our manager like, what does the best year look like for you? Or what is, you know, your goals on this? And then she'll say, well, we need, you know, to have two computers or we need this or we need that. And we try our best to make that happen. Like we try to go on, on trips and you know, things like that. And she actually just set up like a Tigers game to go down and you know, baseball and we're going to go as a group and we do that annually and trying to just have like a really good, healthy environment for everybody to work at. So you're not stressed out when you come to work, you look forward to coming to work. Maybe not always. I mean it's, you know, it can be work but like if you're going to work, you might as well enjoy what you're doing. So if we can create that environment for everybody, get everybody's opinions on that. You know, our diner, we have regulars everywhere. Like everybody knows everybody there. You know, it's very small town. It's, it's great. I mean everybody knows each other's names. Like we'll take dinner to somebody if they needed to. And it's not even, it's just outside of that. So we just try to make an environment for everybody that's, that's great. All time, dude.
A
It's, that's why I say like good people need to get rich. Because. Get rich, man. And good people come business owners that. It's like, it's like because again man, it's 95 and 5, 95% of people shouldn't be business owners. 5, 95 of people should work a job. And it's like, but, man, if the good 5%, like, do what you guys are doing, you're like, man, okay, we'll be the leaders. We'll take charge here, and we're going to actually produce an awesome work environment. I mean, that's something we try to do at Action Academy, too. I mean, because a lot of people ask me, like, oh, well, how do you have, you know, people work for a company that helps people quit jobs?
B
Right? Yeah.
A
And it's something to think about. And it's because, you know, like, Brandon and Shelby, like, our ops director and our events coordinator, like, they're able to travel around the world. Like, they literally are going to do Europe in the summer. They went to Zermatt, Switzerland, for a ski trip. You know, like, Stephanie is traveling the world. Most of my team is traveling the world. You know, stuff like, because that's part of the culture, that's part of what we wanted to do. And so it's. It's really cool that you said that, man. It's just like, I could tell you guys are really good people, and it's good to see good people be able to, you know, scale and have some glow. So, last question. So now that you guys have accomplished a big part of your vivid vision, like, what else is on the vision for you and your wife and you guys family?
B
We. We definitely wanted to travel, like, travel as much as we possibly can. So we want to have, like, my wife even, like, we've talked about it, like, trying to scale to the fact that we can go and travel for months on end. And she's like, I don't even know if I want to do that. Right? She's like, I love doing what I do. I love my job. I love, you know, seeing my patients and things. So we're. We're just trying to work up to where we can go out for, like, two weeks. I mean, we went on vacation this week. It was, you know, or this month, I mean, this year. Sorry. And it was. It was a week and a half long. And it was great. We came back, everything was. Was awesome. And. And we just want to continue to do that, I guess. You know, kind of exactly what we're doing right now is continue to scale in that direction. Like, we have, you know, my son plays sports, we're racing dirt bikes, racing bmx, doing all kinds of different things. So as long as we have the freedom and the flexibility to continue doing that while helping other people, that's. That's our goal. So in love it. As of right now, we're, you know, we're doing it on a smaller scale than what we would like to be, but we're constantly growing. So as long as we can just keep improving 1% every single day, that's. That's our goal. Like, I mean, through and through. That's. We just want to have, you know, maybe spend a little bit more time in the wintertime down in Florida. That's ideal. But other than that, you know, what we're doing right now, just scale it to a larger size. You know, bring in more people in our immediate circle, like more team members that are, you know, a part. Part of our group. We want it to be a trend, right? If you are able to be a part of our team, it's a trend because you know that you're appreciated, you know that you've worked hard, like, you have fun, and this is just a great place to be. You come in, you walk in the doors. Whether it's the diner or the health and wellness center, energy is flowing. People are happy, people are excited. It's just, you know, that's kind of what we want to. We want to create that. So love it.
A
Why don't you guys make it a goal? The best advice I ever got was I was like, man, I want to go travel for a year. And my coach at the time was like, why don't you just try them on and then you see if you want to do a year. So maybe that's something that bacon to the vision is maybe this upcoming winter, you guys build the systems to where you're like, in December, we're going to be in Florida, or in January, we're going to be in Florida for the entire month of Florida on the entire month of January.
B
Yeah.
A
Camera the Florida. Yeah, but yeah, dude, I always, like, start there and then work backwards and say, okay, well, what would need to be true for that to happen? Okay, well, I need these people running this. I need these people running this. And then you try it out and you scratch the itch, and it's either you scratch the itch and you're like, okay, well, that itch is scratched. We're good where we're at. Or you're like, wow, this is way better. I want to do this. And then you're able to go. Because now you have context. You know what I mean?
B
Right?
A
So, yeah, just an idea. But maybe, man, this is freaking awesome. In closing, you know what's some advice that you would give to somebody that's listening to this podcast. You know, they're heard your story, they've been hearing a lot of stories and they're on the fence about, like, booking a call with the Action Academy team. What would you tell them from your experience?
B
Yeah, I would say don't hesitate anymore. You know, if I had, if I could go back, I would have done this sooner because I listen to podcasts. Like, I was one of the top listening business podcast listeners on Spotify. I got an award for it. That didn't earn me anything. You know what I mean? That didn't, it didn't earn me nothing.
A
Like, you got a word for it.
B
Yeah, that's a great award to have. But what did it get me? I mean, I'm still in my W2, I'm still doing these things, and there's nothing wrong with the W2, but I just knew that wasn't for me, right? So. So for me, it's taking action. Like, if you're gonna, if you're gonna. If you're on the fence about calling, call. If you're on the fence about spending the money, spend the money. Because you can make that back, like, you can make that back tenfold. I mean, last year I was nervous to join Action Academy, of course, right. Everything went on a credit card. Like, I'm going to figure this out. Well, we made our money back tenfold for one, for two, we're surrounded by people. Last year, and I joined in 2023. It's 2026 now, so I'm going on three years. And it's just been like, if you have a question, people are there to answer for you. And it's not the people that normally, you know, if you, if you have a question in your normal, you know, small circle of either people that you're around or, you know, people you work with, sometimes they may not understand the same way that somebody else does. So joining a group like this is step one. Honestly, step two is, is making things happen, like taking the action and actually doing it. So last year we spent $70,000 on self development. That's more than, you know, we've ever thought that we would spend. And that's a crazy number. Like, we didn't have that by any means, but we couldn't afford not to. And with the knowledge that we gained from that self development, which was multiple coaches, it was joining Action Academy Dominican Republic. It was going down to Florida with our team. Going down to Florida with just my wife and I You know, all these different things that we did that were business related, that's going to compound in years to come. It's compounding right now, and it's going to compound years to come. So it's not like.
A
And never go, yeah, you can, your business can burn down. You can just. You have the skills to go do something else.
B
Absolutely. Yeah. So it's, it's, it's not like you bought a ticket for one concert and the concert's over. You know, you bought a ticket for a concert that's going to last forever and there's more people joining the stage all the time. Like, you're gonna, you're gonna be able to learn more and you put that to use. But unless you, like, if you listen to podcast, but you don't put it to use and it doesn't actually matter. So taking action is definitely, definitely the, the key takeaway that I would, I would give to somebody. If you're nervous, you know, you just got to get over it, and it just is what it is. You got to make that decision and make it the right one.
A
So let's freaking go, man. It's been a freaking blast watching you win and watching you guys crush it. It's been so much fun. Where can people find you? Where can people follow along to learn about your journey, possibly even invest with you for future deals?
B
Yeah, absolutely. I've got an Instagram handle. Andrew Bennett, 629. Contact me with anything, like, any questions, anybody, couplepreneurs, anybody that wants to talk with my wife and I. I mean, everybody knows that that can be challenging, but, like, if you set the things up right, you respect each other, that you can really make it happen. Andrew Bennett on Facebook. You know, anything like that, just reach out, by all means. I've got all the time. I can make time. We can figure something out. I just want to help people. You know, I was. I still am in the stage of just grinding and making this thing happen. And, you know, if I could help somebody that's kind of starting out, by all means, reach out. Let's make it happen.
A
Let's go, man. Dude, it's been so much fun watching you guys win. And you, me and you've been back in the Facebook messages going back and forth. You're like, hey, couple months, we're gonna be millionaires. Hey, we're about to be millionaires. Hey, yo, we're millionaires. Let's freaking go, right? And it's. Dude, it's just so much fun, man. We need a. We'll come out to Michigan. We'll come hang out and film some content up there, too. It'll be a freaking blast, so.
B
Absolutely, dude.
A
Thanks so much for coming on, guys. This has been Brian and Andrew with the Action Academy podcast signing off.
Episode: $650K Business, $0 Down: How He Became a Millionaire in 7 Months w/ Andrew Bennett
Host: Brian Luebben
Guest: Andrew Bennett
Date: May 4, 2026
This episode features Andrew Bennett, who, alongside his wife, became a net-worth millionaire in only seven months after buying a $650K business with zero money out of pocket. Andrew shares his journey of leaving a comfortable W2 job, aligning family vision, leveraging mastermind relationships and mentorship, and structuring creative deals to build wealth and freedom. The conversation is rich with actionable advice, real-life challenges, and inspiration—especially for those seeking to break away from a traditional job and take the entrepreneurial leap.
“I was constantly in that whirlwind of I knew I wanted a business… it didn’t really start taking effect until I pulled the trigger and joined Action Academy.” (00:59)
“Sometimes you just have to create it. You make that decision and that is the decision. There’s not a perfect time.” (02:37)
“As soon as we got back from Dominican … my wife sends me a picture, ‘We have to figure this out. We gotta buy this.’ … Seven months later we got it.” (05:17, paraphrased)
“The people around you will talk as if you’re not there … It’s feedback from the outside that you need to have.” (13:00)
“We had 100% seller financing. The purchase price was $650,000. We did 60 grand down. So zero money out of pocket.” (00:06, 14:38)
“Last year we spent $70,000 on self development. That’s going to compound in years to come… It’s not like you bought a ticket for one concert and the concert’s over. You bought a ticket for a concert that’s going to last forever.” (31:09)
“Make your vision so large that other people's visions can fit within it.” (22:31)
“We try to make an environment for everybody that’s great all the time… If you’re going to work, you might as well enjoy what you’re doing.” (25:10)
“Start there and work backwards… What would need to be true for that to happen?” (28:11)
“If you listen to podcasts but you don’t put it to use, it doesn’t actually matter. So taking action is definitely the key takeaway.” (31:50)
Andrew Bennett’s journey underscores the power of decisive action, aligned vision (especially with a spouse), the value of mastermind communities, and the exponential ROI of investing in personal growth. His story offers both strategic and philosophical guidance for anyone ready to escape a “good” job in favor of a life by design, with wealth, impact, and family at its core.