{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Moneywise","title":"Worth $10M at 57: “I Won’t Trade My Time”","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/4c0e21a2\"></iframe>","width":"100%","height":180,"duration":3492,"description":"He's worth $10M, has lived in the same house for 23 years, and says he'd trade zeros before he'd trade time.\nWe're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wr\nWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.\nShane Cultra, known online as Domain Shane, is a former floor trader who spent 30 years at his family's plant nursery in Illinois and built a $10M net worth without a liquidity event. The year he left trading, everyone in his old group made $1 million. He made $18,000. Today he's 57, has no W-2 and no pension, brings in about $300K a year from domain names, and just finished a 100-mile race.\nThis episode gets into why Shane never chased $100M, and what it costs to own a third of a family business you can't sell. He explains why he sold all 10 of his Bitcoin and moved the money into AI stocks, the deal he made with his wife when he left the nursery, and why he thinks most wealthy people are stuck at $5–10M wondering if it's enough. We also go deep on raising a kid by example and why the worst failures make the best stories.\nAlso, this podcast is made by Hampton, which is a community for founders doing on average $25 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, \"What the heck, let's make it public.\" If you are a founder, apply here: http://joinhampton.com/mw\nTimestamps:\n00:00 — Cold open: \"I'm willing to trade some zeros or some money. I'm not willing to trade time.\"\n00:30 — Who Shane is: 57, a 100-mile race, 23 years in the same house, and what this episode covers\n01:59 — Daniel pushes on the claim that Shane barely spends money: no house...","thumbnail_url":"https://img.transistorcdn.com/vCvB-0dtzg339Iof9Uhri-E5Cu1YvE_goNcKch75CeI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZTZj/OWRiMTI3NjI1YWUy/MWY4ZWJkOTU2YzFl/NzE0Mi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}