My net worth and personal goals

A quick ad before we jump in:

I’m an investor in a new web development firm called WebRun.

They built this amazing investor landing page for my real estate firm and I’m VERY impressed by their work.

If you need a website overhaul, new website or landing page – schedule a call with Will or Max at WebRun to get a free proposal!

Today is my birthday – I turn 34.

I’m going to talk about my net worth and some financial goals in this email.

I was hesitant to do this because I don’t want to come off like an arrogant asshole – but I decided that I wanted to put it out there so I have a record of my mindset and how I’m thinking about things at this point in my life.

My current net-worth is a moving target. My real estate portfolio isn’t liquid and I won’t be selling it anytime soon. Therefore I can never be sure what it’s worth.

These calculations are assuming the storage portfolio I acquired over the past 5 years for $100 million is worth about $140 million today. This is close but I think these assets will be worth a lot more in the next 5-10 years at some point, so we’ll see.

Current Net Worth:

  • Real estate holdings: $12 million
  • Cash: $500,000
  • 4-13 week treasuries: $1 million
  • Equities: $2.15 million
  • Business ownership value: ~$10 million
My current equity positions

Not counting my homes, vehicles etc – my net worth is about $25 million.

I had about $4 million of equity exposure after being very heavy in tech from November 2022 through the middle of June, when I sold about $2 million of NVDA, GOOGL, META, AAPL, MSFT, AMZN. Basically just trimmed all my largest positions and got out of NVDA.

I moved it to cash and short duration treasuries to have on the sideline as insurance for the real estate and to invest in new companies that I plan to start.

My financial goals:

Currently as a 34 year old: $25 million net worth

By 40 years old: $250 million net worth

By 50 years old: $1 billion net worth

How will I get there?

I hope to get my personal cashflow up from $250k per month to $1 million per month over the next few years through the small businesses listed below.

The best way to do this is through entrepreneurship so I will do it by using this platform to grow the companies I own now and start a few more.

Once I start to stack cash quickly I’ll begin buying companies and rolling them into my portfolio and investing a lot more of my own personal cash into Bolt Storage and my own private equity firm to buy businesses.

The kicker:

I want to do this while working an average of 30 hours per week.

I want to spend a ton of time with my kids, wife, family members, friends and making epic memories playing golf and exploring the world.

Everybody tells me it can’t be done on 30 hours a week. That nobody can get MEGA rich without it taking over their entire life.

And that is really really motivating for me to prove them wrong.

With the power of this distribution and my ability to attract incredible talent, I think I can.

I have a lot of other goals I plan to outline in another email at a later date – this is only my financial outlook.

My goal over the next 12 months:

Get as many smart people in the room as possible.

I’m collecting talent. I want to get great operators into my ecosystem to help me run these companies, start new companies and buy companies.

I’ll get to know them, see what they’re good at, and then enable them to keep growing and doing more and more with me.

I want to create a lot of millionaires over the next 30 years and bring a lot of people along for the ride.

The only way I can reach the scale I want to reach is by enabling other people to get in and make stuff happen.

In 5 years I know I’ll have a close network of killer operators and feel comfortable going out and buying companies, turning them around or growing them and then either holding them or selling them.

An update on my current holdings from a small business perspective:

I learned a valuable lesson over the last few years and I’ll never do a brand deal or an affiliate program again.

Over the last 4 years I’ve made the mistake of promoting several companies I didn’t own.

Millions of dollars of enterprise value was created and none of it was mine. I got monthly cashflow through an affiliate deal but the upside, word of mouth machine, and scale went to the owner. S

o I decided to change that and partner with world-class operators to build new businesses that I have equity in.

I own 10 businesses now that fit right in line with my audience.

Real estate private equity and management –

This is my main thing and will be the industry with the majority of my net worth over the next few decades. It is also leading to serious tax efficiency through cost segregation and bonus depreciation.

This is large with 45 employees and $100 million under management.

Business brokerage –

I launched this business two months ago with my father and we’ve hired two additional people so far.

I think it will be very large and I’m excited about how it is going so far. The administration and licensing has been more of a headache than we originally anticipated

PH & LATAM Recruiting –

This business changed my life. I use the service to staff all of my other companies and I own 12.5% of the business. It is now a $20 million + company.

USA recruiting –

I partnered with an excellent recruiter and operator to launch this company about 3 months ago. We’ve made several placements and have 2 full time employees here. It’s a tough market but we’re excited about the long term compounding effects of this business.

Web development –

This business is about 5 months old and is finally hitting its stride. We have 7 employees now and are doing $20-30k per month – so just past break even.

The systems are finally in place to scale and I’m excited about the future.


This is a brand new business that I spun up with two of the best SEO specialists I know – Travis Jamison and Simon Purdon. We’re doing link building campaigns for virtually all of these companies and our domain rank and organic traffic is increasing already.

We have 3 employees and are hiring more as we speak.

PPC marketing –

This business is brand new and will be launching later this month. My partner here is a superstar and we’re bringing on 2 employees right away to get ahead of the traffic and get all of my companies launched on the pay per click systems.

Cost Segregation Firm –

Mitchell Baldridge and I launched this business a year ago. Some stats as of today:

  • $1,729,000 in revenue
  • 26 employees
  • 415 customers
  • 789 studies sold

This business is worth north of $10 million today and will get much much larger over the next 2-3 years. I’m VERY excited about this.

(what the hell is a cost seg? read this)

Property insurance –

I partnered with Dan, my self storage partner and long term business partner. We saved Bolt Storage $80k and got better coverage on our annual premium already and are writing self storage insurance right now.

We are currently working on licensing and permitting to roll out to other asset classes nation-wide soon.

This is a great business and it will be really big. We have 3 employees now and will be growing more soon.

Media company –

This newsletter, my twitter account, my two podcasts The Sweaty Startup and The Nick Huber show are included here.

I’m building out a content team to expand to InstagramTikTok and Linkedin aggressively over the next few months with more entrepreneurship content.

I currently have 5 employees here who help manage the two podcasts, YouTube, this newsletter and the other social channels.

I’m also writing a book which we’ll sell to publishers this month. It will come out in the spring of 2025. I hope to make that a NYT Bestseller.

I’ll own these, my companies will be customers of these, and I’ll promote them authentically here on twitter.

I’m pouring basically every dollar in profit from these businesses back into my personal brand and new ventures.

Funding new startups like these (generally about $50k each) and growing the email newsletter.

This newsletter has grown from 40k subscribers to 120k subscribers in the past 3 months.

The larger the personal brand gets, the larger the marketing platform for each of these companies.

That will be the fuel for it all! I also use the platform for dealflow and additional personal investments and ventures.

A lot of people reach out with 5-25% equity offers in exchange for this distribution in a partnership.

That is another part of it – I’m only going to be promoting companies that I own 50% or more of from here on out.

Starting them for now, but as soon as the personal cashflow increases enough, I’ll start buying them.

I think I’m one of the luckiest people in the world.

The timing of when I was born and the people who entered my life exactly when they did. I found my calling with entrepreneurship and writing.

Amazing wife. Three healthy kids. A lot of great friends, partners, people who know me and care about me.

It is coming at me really fast now. Money, opportunity, challenges and all the things I enjoy.

If I can just stay healthy these next 50 years are going to be a lot of fun and I think I can positively impact a lot of people.

I often feel like I don’t deserve it. Why me? How did it all happen? I’m just very very thankful.

And I’m never going to take it for granted.

Onward and upward,


P.S. I’ve began working with Bold SEO and it has been an absolute game changer for my business.

If you want to structure your website correctly to get found in search and build domain authority through high-quality backlinks, this service is for you.

They’ll get on a call with you and basically give you a free 30 minutes of consulting and a game plan for your website during the sales call. I recommend setting up a call with Bold SEO and getting the process started.

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About Me

I started the Sweaty Startup in December of 2018 because I believe the Shark Tank and Tech Crunch culture is ruining the real spirit of low-risk entrepreneurship.