How Mariusz started with 10K and became a millionaire with microcap stocks

Mariusz Skonieczny is the founder of MicroCap Explosions. He is also the author of 11 books on the subject of investing. He graduated Indiana University in 2003 with a finance degree. From 2003 to 2008, he was in the residential and comercial real estate industry as an apprasier and broker. During the 2008/2009 financial crisis, he left the industry to focus exclusively on stock market investing. In 2009, he started with  $10,000. By 2019, his account reached $1 million or 100x since the beginning. By the end of 2021, it reached $7 million. In this episode, Mariusz tells us about his journey, his process and how you can employ this powerful investment strategy.  --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Hey, everyone,   Michael: Welcome to another episode of The Remote Real Estate Investor. I'm Michael Albaum. And today with me, I have Mariusz from Micro Cap Explosions. And he's gonna be talking to us today about how he utilized micro cap stocks to become a millionaire. And what are some things that we as everyday individual investors can look out for to do the same. So let's get into it.   Hey, Mariusz, thank you so much for taking the time and joining me today. I really appreciate you coming on.   Mariusz: Yeah, thank you very much Michael.   Michael: My pleasure. So you've got kind of a unique background and have done quite a lot of things both in real estate and the stock market. So for all the listeners who don't know who you are, can you give us a little bit of a background on? Where did you come from? And what have you done in the real estate and stock market sectors?   Mariusz: Okay, so yeah, it's a little unique. I, I am a full time investor right now full time micro cap investor focused on small companies. So mostly in the stock market, on the secondary exchanges, which I will get into more in a minute. But I started off in real estate. Yes. So I graduated college in 2003. And that was around the time where the Poor Dad Rich Dad books were coming out. And so he kind of got me interested in real estate, I read them and I was like, Yeah, I want to be financially free. But of course, I didn't have any money. So I figured what the best way to start in real estate, it's to kind of learn how to value real estate. Okay.   So I became a real estate appraiser. And I did this residential appraising and then I moved up to commercial real estate and I appraised apartments, office industrial, mobile, home parks, you know, anything associated with income producing properties. And then at some point, I went into the broker side, so I worked in a group under in Marcus Miller chap that sold apartments in the Midwest. And so I worked there a little bit. And then, but during this entire time that I was doing real estate, I was also investing in the stock market, learning about Warren Buffett, and, and when the financial crisis hit in 2008 2009, I, I said to my boss, I'm leaving, I want to go full time into the stock market, because I see opportunities. And, and I didn't really have the passion for real estate the way I did for, for the stock market investing. So I just, you know, left the industry, but there's so many similarities between between them, but that's kind of like, you know, a little shot this summary.   So, from 2009, literally, January 1 2009. That's what I entered the stock market. And so now it's like 12-13 years. So I started it with 10,000. At that point, that was actually from a sale of an apartment. I had a and then so over this 12 year period, that 10,000 I turned it in