Millennial Millionaire Ep. 76 - Chad Peterson

In this raw, unfiltered episode, we're joined by Chad Peterson, the #1 business broker in the country and founder of Peterson Acquisitions. Chad drops serious game on how to build wealth by buying businesses, leveraging debt, and cutting through the noise most people believe about money, real estate, and retirement. He breaks down: Why 401(k)s and IRAs are traps How the SBA will fund up to $5M for you to buy a business The truth about side hustles, "legacy," and chasing passion How to avoid the financial killers of divorce and lawsuits And why most men (and entrepreneurs) are lying to themselves This is the episode they won’t play in business school. It’s blunt, controversial, and incredibly valuable. ⏱️ Timestamps 00:00 – Welcome + Chad Peterson Intro 01:15 – What is a business broker, really? 03:20 – Why real estate isn't the golden ticket 06:00 – The SBA loan secret (up to $5M!) 09:10 – Why 401(k)s, IRAs & Wall Street won’t build wealth 12:30 – Can the average person buy a business? 15:05 – Passion cycle: Obsession → Boredom → Burnout 18:20 – When should you sell your business? 21:10 – Should you buy a biz you’re not passionate about? 24:00 – Millennials, mindset, and the problem with chasing 27:15 – Decide → Commit → Execute (stop flipping strategies) 30:25 – The “Be, Do, Have” success model 33:40 – The myth of multiple income streams 36:30 – Side hustles = multiple problems 39:10 – Why mastery is the rarest flex 42:00 – The “work hard vs work smart” conversation 44:45 – Chad’s 3-step formula to wealth 47:00 – The truth about debt (good vs bad) 50:10 – How to protect your wealth (prenups, trusts & lawsuits) 54:00 – Why men are lost (and how society helped) 58:20 – Masculinity, mentorship & the downfall of integrity 1:01:00 – Final thoughts: Do the hard thing — and do it well 📢 Call to Action 🔥 This one was WILD — but real. 👍 Like this episode if Chad made you rethink something 💬 Leave a comment with the biggest truth bomb that hit you 🔔 Subscribe for more no-BS convos every week 📲 Share this with someone who needs a wake-up call 🔖 Hashtags #ChadPeterson #BusinessBuying #BuildWealth #ModernMotion #Entrepreneurship #SmallBusinessInvesting #SBA #FinancialFreedom #RealTalk #MasculinityInCrisis #QuantumStackInvesting