$172k in Debt to $2.5m/Year Painting Company with Father of 2, Matt Shoup

Matt Shoup

In Episode #229, Nathan speaks with Matt Shoup, a man who took himself from nearly $200K in debt to life as a millionaire before the age of 30. Now Matt is making a major career pivot to speaking, coaching, and motivation. Listen as Matt shares his rags to riches story, and why he decided to change careers in spite of a THRIVING operation.

Famous 5

  • Favorite Book? – Total Money Makeover
  • What CEO do you follow?— Curt Richardson
  • What is your favorite online tool?— Infusionsoft
  • Do you get 8 hours of sleep?— No
  • If you could let your 20 year old self know one thing, what would it be?—Bring others up the mountain with you.

Time Stamped Show Notes:

  • 01:03 – Nathan’s introduction
  • 01:29 – Welcoming Matt to the show
  • 02:12 – Matt’s main income stream in 2015
  • 03:15 – Why not stay in painting?
  • 03:30 – Being told you’re not good enough
  • 04:58 – Why Matt doesn’t sell the painting company—because why shed a recurring revenue stream?
  • 05:40 – Earning money through coaching
  • 06:35 – Matt’s Mastermind is the main revenue generator on the coaching side
  • 09:45 – Why not kick back and let the money roll in?—because there’s no way to help people
  • 10:27 – Matt’s two-cents: “I exist to help others live with excellence”
  • 12:55 – MattShoup.com
  • 14:15 – Famous 5

3 Key Points:

  1. Live with excellence.
  2. Find a way to help people.
  3. Don’t stay in a business just because the money is good—if your heart isn’t in it, move on.

Resources Mentioned:

  • Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible
  • Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
  • M and E Painting – Matt’s painting company
  • Mallard Creatives – Provider of Show Notes


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