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Title: Build a Bigger Life, Not a Bigger Lifestyle: The Real Path to Freedom with Adam Caroll Summary: In this episode of Raise the Bar Radio, guest (Adam Carroll) shares his journey from a traveling professional speaker to building sustainable wealth through passive income strategies. After realizing the limitations of trading time for money, Adam developed The Shred Method, a cashflow reorientation system that minimizes debt interest and frees up capital to build liquidity and invest. By leveraging lines of credit and algorithm-driven cash deployment, individuals can rapidly pay down debts and reallocate savings into passive income streams like real estate syndications, intellectual property, and other alternative investments. Adam stresses that most high-income earners don't have an income problem - they have a liquidity problem tied up in low-access retirement plans and excessive spending. Finally, he expands on his philosophy of "building a bigger life, not a bigger lifestyle," urging professionals to align spending and time with their values to achieve fulfillment and financial freedom within 10 years. Links to Watch and Subscribe:   Bullet Point Highlights: Trading time for money is limiting. Adam shifted from paid speaking gigs to building passive income streams for true freedom. The Shred Method minimizes interest expenses. By using cashflow more efficiently through lines of credit and optimized algorithms, debt is paid down faster, freeing liquidity for investing. Passive income is key to wealth. Adam focuses on real estate syndications, ATM tranches, intellectual property, and digital products to generate consistent, diversified passive cash flow. Most people have a liquidity problem, not an income problem. Money is often locked in 401(k)s or spent wastefully — instead, creating accessible liquidity allows for opportunity-based investing. Building a bigger life requires intentionality. Aligning spending and actions with core values (like family, freedom, growth) leads to fulfillment — not just more stuff. The game becomes fun. Once passive income starts flowing, investing becomes strategic, diversified, and compounding — eventually replacing active income and creating financial independence. Anyone can implement this. While you can DIY, Adam recommends coaching to fast-track understanding and execution of the Shred Method. Transcript: (Seth Bradley) (00:02.094) What's up, Builders? This is Raise the Bar Radio, where we talk about building wealth, raising capital, and all in all, raising the bar in your business and your life. This is the No BS podcast for capital raisers, investors, and entrepreneurs who are serious about scaling their business and living life on their own terms. I'm (Seth Bradley), securities attorney, real estate investor, and entrepreneur, bringing you world-class strategies from the best in the game.   If you're ready to raise more capital, close bigger deals, build a better you and create true financial freedom, you're in the right place. Let's go. Adam, what's going on, brother? Welcome to the show.   Hey Seth, thanks for having me, man. I'm excited about our conversation today.   Yeah, dude, super stoked to have you on today. It's going to be an awesome show, man. Let's dive right in. Tell us a little bit about yourself, your background. Take it back as far as you want to. Yeah.   Well, for the last 15 years or so, almost 20 now, guess, I've been making my living, opening my mouth and just speaking on stages all across the country. Had the opportunity to do a couple of international gigs, which was a blast. And in the midst of all that, making my living as a professional speaker, I realized that if I was very similar to your audience, if I wasn't doing the deal, doing the gig, doing the engagement, I wasn't getting paid.   (Adam Carroll) (01:26.184) And so a mentor of mine said, the goal is not to go to work and get paid. The goal is to go to work and get paid, get paid, get paid, get paid, get paid, get paid, get paid. And so I started figuring out that what I really wanted to do with the messaging that I was delivering was turn it into sort of a mediapreneurship where I was a mediapreneur creating content, but then I'd get paid for the content over and over and over again. And that today looks like I've written a bunch of books.   I've got a documentary that I produced that aired on CNBC. And now we're starting to get into more of a SaaS business, which I'm sure we'll talk about. That's the shred method. But I, you what I do when people ask me, I tell them, I love to educate people about new and different ways of building a bigger life, not a bigger lifestyle. And I would say you and I have that in common, because I know you're doing that on the show.   Yeah, absolutely, man. I gotta ask, how do you become a professional speaker? I bet a lot of people are thinking about that.   The origin story is kind of interesting because I was a clothier at the time in Denver, Colorado. And I was literally going out and meeting with high level executives in their offices, selling them custom made suits and shirts and sport coats and pants and whatnot. And it occurred to me in the middle of a meeting at one point, an appointment with one of my clients that I didn't want to measure in seams for the rest of my life. And I'll keep it PG but   This guy was one of my favorite clients. He was irreverent and funny and wasn't afraid to spend money on clothes. But this particular day, he confided in me that he wasn't wearing any underwear. And I was just like, dude, JP, what? You knew I was coming here today. He's like, I know, I just forgot. I'm sorry. I'm sorry. And I walked out and I went, I don't want to do this anymore. I just don't want to do this. And the company that I worked for is a fairly well known clothier. But   (Adam Carroll) (03:22.55) Every day I would drive around in my car listening to motivational messages. You know, they were on CDs at the time. I'm going to date myself, but I would listen to like Mark Victor Hansen and Jack Canfield and Les Brown and Zig Ziglar. I would listen to all these CDs in my car. And Mark Victor Hansen said on one of the CDs that public speaking is one of the most noble professions because you get to travel the world. You get to change people's lives and you make a lot of money doing it. And I remember thinking.   That's what I want to do. All three of those things rolled into one. And so I reached out to a buddy of mine and said, dude, I don't think I'm in the right job. I need to be doing something else. He said, what do you want to do? And I told him, and you know how the universe kind of works in mysterious ways. He goes, well, Anne, who used to work with us, she works for a company that that's all they do is hire speakers. And so I sent in a tape, I auditioned, I got the gig.   And I was a W2 employee of theirs for about two years and then realized that I was being underpaid for the work I was doing, that I was actually probably one of the top 10 % of speakers on the roster. And then I realized that when you can make anywhere from a thousand to $5,000 an hour doing that, it was a pretty good paying gig if you were out on your own. I took the jump and have been doing it ever since.   Interesting man. I didn't realize that you could have a W-2 as a speaker I thought everybody that was speaking was getting the speakers that were getting paid, you know They were kind of doing it on their own. I don't realize there was kind of a there was a way to do it where there's a company that pays W-2 wages to speakers to speak it events. Yeah, it's interesting   It is interesting because there are companies that will hire you as a speaker to go and it may be sell their product or service. Or in this case, I was working for a company that was a division of monster.com, the job search company. And I was, I was speaking to high school and college students all across the country. And I probably presented to like 200,000 people in, two years time. So it was just a great practice run and a great way to cut my teeth on a very difficult audience. Because.   (Adam Carroll) (05:36.814) I don't know if you've ever been around a freshman in high school or a sophomore in high school, but they're like the most apathetic human beings on the face of earth. They don't want to be there. I could have lit myself on fire and they'd been like, cool, what else you got? And then when I realized that there were speakers like me that were out who basically just said, this is my topic. This is my specialty, if you will. And here's the rate. And the more they spoke and the...   we have a theory that the more you speak, the more you speak. So once you get out, you hang your own shingle and say, I'm a speaker in this topic, people begin to know you as that person. And then word gets around and obviously you have to not suck on stage. That's part of it. But if you're great at keeping audiences attention, and I really studied NLP, neuro-linguistic programming to use the right words, I studied comedians to figure out what was funny and what wasn't, and it just worked.   Over time, I had more more bookings and at the peak of my career, I was doing like 70 or 75 gigs a year.   Wow, wow, that's incredible. Definitely didn't realize that was your background. I remember those folks coming to like the office and selling suits and doing that sort of thing. So that's pretty interesting. I'm sure a lot of listeners out there are familiar with that process as well.   Yeah. Yeah, it was, it was a great, it was a great gig. mean, I met all sorts of really phenomenal business people. And I think for me, it was, it was like confirmation that I had this desire to, to impact people. And my boss at one point, he was like, Hey, these people love you. They want you to come around. They love the discussion and the conversation. They need to buy stuff from you. And, and there was a.   (Seth Bradley) (07:01.639) sorry, go ahead.   (Adam Carroll) (07:26.574) It's kind of a realization for me that I didn't necessarily want to have to sell. wanted people to buy. And speaking makes it real easy to do that.   Hmm. Yeah, makes sense. Let's jump right into it, man. Let's talk about the shred method. A lot of folks will find this very interesting. I know that I do. What is it? And let's just start there. What is it? Tell us a little bit about it.   Yeah, the shred method, first of all, thank you for asking. it's, it's, for me, I don't say this lightly, but nothing has built more wealth for me and my family than following this model. And the reason for it is there are two great expenses that everyone has in life. And I'm sure all of your listeners, be they attorneys, doctors, other professionally degreed folks.   If you're in a W-2 job, you know this to be true. The two greatest expenses we have in life are taxes and the interest expense on debt. Those are the two greatest expenses. And a gentleman that I had met years ago who helped me with tax situations, just a brilliant, brilliant strategist, he said, Adam, if you focus on minimizing your tax liability, that will get you halfway there. And it's very easy to do, buy real estate, have depreciable assets.   you know, make personal expenses, business expenses, etc, etc. But he said, if you can focus on minimizing the interest expense on debt, this is like a video game that you can't lose. And so when I learned about the shred method, and this is known by a variety of different terms, some people call it an Australian mortgage, it's called velocity banking, we've taken those concepts and turbocharged them.   (Adam Carroll) (09:09.474) almost like putting nitrous oxide in a gas tank, you know, in terms of making it go faster. But the shred method is a unique tool and a way of reorienting your cash flow through your household so that it is being used to the most efficient use possible. And to kind of qualify that, Seth, if you were to leave your home in the morning to go to the grocery store, as an example, and you came back home, emptied the car out,   knowing you had to go to post office at like 4 p.m., would you leave your car idling in the driveway all day?   (Adam Carroll) (09:46.284) Nope. No, and why wouldn't you?   Wasteful.   Yeah, wasteful, you'd burn gas, it'd be hard on the engine. It's just inefficient, right? And yet what most people do is they get their income, their income gets deposited into a checking account, and it sits there for days, weeks, months, sometimes years on end. And we never really use it to its highest efficiency. Meanwhile, we might have debts, commercial debts, primary mortgages, might have student loans yet. And all of those are accruing amortized interest.   right? And you might say it's compound interest working against you to a certain extent. But at the very least amortized interest means that the majority of the interest you're paying on that debt is upfront, it's in the first one to five years. And so the shred method teaches people how to take that income that is being super inefficient in an account, and instead begin to apply it through a process that allows you to blast away   the highest interest or highest payment debts that you have, freeing up cash flow, building equity, and ultimately, and this is the key, creating liquidity to go buy passive income properties, if you will, or other passive income plays.   (Seth Bradley) (11:02.058) Interesting. Yeah, and we actually haven't had anyone on the show to speak about this method, whatever nomenclature you might use. So let's go in a little bit more detail. mean, what is the vehicle? What is this flow of money that you're talking about?   So, know, logistically, here's how it works. Money typically would just get deposited into checking. You pay everything out of checking your mortgage, your car loan, your credit cards, living expenses. And the gurus would tell you that anything extra should really go towards savings and investments, right? And for most people, it goes to Costco, Target and Dining Out. That's where it goes. You know, it doesn't stay in the account, doesn't go into savings. If it does, it goes there for a small period of time. I think that most people   don't really have a savings account, they have a put and take account, because they put a little bit in, take a little bit out, put a little bit in, take a lot out. So the way this works is the money instead of being deposited straight to a checking account gets deposited into what we call a shred account. And the shred account could either be a line of credit, or it could be just a side account of money that you have sitting there that has not been accessed in some time. And what we tell our users is that   you really want to have either a line of credit or a shred account that is one and a half to two times what your monthly net take home is. So if you're bringing home 10 grand a month net, then ideally you want either a line of credit or a shred account of 15 to 20 grand. And the magic of this is the money is going to flow into that account. But the shred method is powered by a piece of software that is based on an algorithm that's tracking your income.   your expenses, the interest that you're paying on all your debts, and how much discretionary money you have available at any given point in time. And essentially, we're leveraging that in really short bursts of time against your largest debts, which could be, again, student loans, could be your mortgage, could be commercial properties. And in doing that, what we're doing is we're saving copious amounts of interest, like literally tens to hundreds of thousands of dollars.   (Adam Carroll) (13:11.122) And in the process, we're freeing up a ton of equity. So people that are saying, hey, I'm paycheck to paycheck. It's hard for me to figure out how am I going to invest more money? We're telling them the money is going to come from the equity that you're creating in your properties by paying them down rapidly.   I love that because I can see where this is going to potentially free up some extra cash to invest. A lot of folks out there, including myself back in the day, we got caught up in this thing we call the golden handcuffs where we're just spending everything. Like you said, we're spending it on Target, on eating out, on things that we really don't need. mean, there's a time and place for spending money on having a good time and enjoying your life for sure.   But we just we tend to overdo it as our income grows our expenses grow right along with it And a lot of people that I talked to about investing they're like, you know I don't have fifty thousand dollars to invest in this real estate deal or a hundred thousand dollars in this real estate deal and it's like well Well, why don't you you know make three hundred thousand dollars you why don't you have fifty thousand dollars to invest in this awesome deal? Right or to you know, put aside for your emergency fund. Like why don't you have these things set up?   So, you know, we always have to walk them through, you know, the expenses is the issue. Really, it's what are you spending all this money on? we try to find how they can save on those expenses so that they can invest in these assets that are really going to set them financially free.   No doubt. And I think you hit the nail on the head. If somebody's making, and honestly, I tell people if you're making six figures plus $100,000 plus, and you don't have 10, 20, $50,000 ready to go, there's something fundamentally wrong. And here it is, we're sending too much money to our banker, and it just goes up in smoke. Right? We like to refer to it as the interest to income ratio, which is if you take how much income you make,   (Adam Carroll) (15:11.694) and you back out how much of that income is actually going to pay interest expense, it'll probably blow your mind. If someone's got a multi-six figure home or mortgage that they're paying on, and they've got student loans, and maybe they're driving a $50,000 to $100,000 vehicle with a payment attached to it, you're probably burning 50 to 60 grand a year in interest and not really thinking twice about it. So what this does is it starts to claw back some of the money that you're sending to your banker.   Which by the way, they make plenty of money. They don't need your money. That is the most profitable business out there is banking and lending. mean, literally, Seth, if you drive two miles around your property there, how many banks would you be able to stop at, do you think? Ballpark best guess.   Right, half a dozen.   Easily, right? And they're probably $10 million buildings minimum. Out there, they're even more, right? So, so this is the deal. They're profitable business ventures. And what we have to remember sometimes is we are their compound interest vehicle, right? Us making our payment every single month is what makes the banks all the money. And if we can game that system, if even for 12 to 18 months at the very beginning of our debt,   we can strip away a huge chunk of the interest that we would normally be paying them over the course of a decade or more. To your audience, that's how I'd say this is how you find the extra 50 or 100 grand because you do have it and it should be in the equity of your property and easily accessible as a liquidity tool. It just isn't because you haven't challenged the banking system.   (Seth Bradley) (16:57.073) Yeah. Now, is this something you can set up yourself or is this something that you need an expert to kind of walk you through? I'm sure if you could probably do it either way. It's just like anything else. You want to take the shortcut or not. But yeah, I just like to know your thoughts on that.   You're exactly right. I I could build a deck on my house if I wanted to and had three months to learn how to do it. Anybody can learn how to do this. My question to most people when they say, I do this myself? I'll say, yes, why haven't you? And for that, the investment with us is very minimal, mainly what it is is coaching and being able to help people get the logistics right. Because once they get it, it's very simple.   but there requires a little bit of retraining the brain in terms of how to handle your money and where the cash flow goes, because it's so, it's like so ingrained in us to live in the banker's business model, put money in checking, pay your bills, anything leftover goes over here. And if you look at it critically, the two groups that are really making money using the existing platform are bankers,   and any advisors that are accepting your money and then turning around and doing something with it. A friend of mine used to call it the helper class. So when the helper class has your money, they're making a ton of money, probably more than you are. And that's our goal is to begin to start to pull back some of the money from the helper class to keep it for ourselves to build those massive passive permanent streams of income.   Yeah, yeah, that makes sense. We tend to bash a few of those helper class folks. I mean, they're not all created equal, including some financial advisors and folks like that that, you know, they're okay people, but their interests aren't necessarily aligned with yours.   (Adam Carroll) (18:51.576) That's right. I would agree with that. I don't want to villainize them, but I think that personal finance is personal. The challenge that I have with anyone out there who espouses a certain way, mine included, is it has to be for the right kind of audience, the right avatar. From our perspective, the people that we help out are the ones who do want to break free from the W-2. They want to create massive passive permanent streams of income.   Over time, they'd like to build a bigger life, not a bigger lifestyle. So if someone's chronically overspending, got to have the newest of the new every single time, they may not be a perfect fit with our strategy because the goal is to continually increase your income while either keeping your expenses similar or even trending down over time, which is not to say that you can't expand where you're spending. Your income is increasing exponentially relative to your expenses.   we do that through the model that we're teaching people. So, you if you're a new car every six months or 12 months kind of person may not be a perfect fit. But if you're somebody who's like, hey, the debt's kind of oppressive, I want to get rid of it. And I want to build, you know, massive wealth for future generations, then generally speaking, we're a pretty good fit for for those folks.   Yeah, yeah, that makes a lot of sense. And I feel like there's, there's probably, it's probably a math equation, right? Like we can't necessarily do it on this show because it's, everybody's taking it in by audio for the most part. there's gotta be an algorithm and you could probably, you know, set those expense numbers and interest numbers that you're paying on your mortgage and other debts and what you're going to pay on that through the shred method and kind of see the savings and how you can grow that wealth year over year.   You're exactly right. It is super fluid. So if your income changes, your expenses change, we plug all that data in and hit recalculate and the thing automatically adjusts to whatever your expenses are. So one of the things that I would never fault anyone for is taking awesome vacations or buying a new car, whatever your choice is. Again, we're not going to villainize anyone for living their life.   (Adam Carroll) (21:06.67) But what we can do through shred is to say, hey, if you're going to drop 10 grand on a vacation, it's going to change your payoff by a month or two months or six months, depending on your income and discretionary income. And if someone knows that and they're planning on it, at least they're armed with that information as opposed to, gosh, we shouldn't do this, but we did or should we buy this $50,000 card? Does it make sense? Or 80 or 150 or whatever your number is.   We can show you exactly do it, just know this is what it changes in the process.   Yeah, yeah, I like that because you can just show them this is the impact it's going to have on paper before they do it and then you can make a better decision on whether or not you want to do that or not.   Absolutely. And furthermore, and you'll appreciate this, I know you're of this mindset, you'll get to a point where it's like, if you want the new car, then invest the money in a syndication or another property that puts enough money in your pocket, you can go pay for the car. But let your assets pay for your liabilities. And I think that's the main thing that many people, I'm sure your listeners, certainly folks that we engage with.   They don't have a lot of assets. They work hard, they make good money, but that is the sum total of their income, is active income. And our goal is to increase passive income over time where it supersedes your expenses because at that point you're financially free.   (Seth Bradley) (22:36.758) Right, right. What are some of the passive investments that you're involved in or that you recommend to people once they've implemented this system and they're trying to build those passive income streams?   Yeah, there are a number of them and I keep getting introduced to more and more all the time, Seth. I mentioned that, you know, that I was a mediapreneur and that the goal was to work, do the work and then get paid, get paid, get paid, get paid. So I started looking for other passive income streams. I really do love real estate. I've been invested in real estate for a long time. We divested of personally held real estate about four or five years ago. And   You know, I think I was too early to the party, but I thought the market was peaking and I thought I could get the max amount out of my properties. And I think I did at the time. And then we were introduced to syndications and we started really appreciating the fact that you could own a piece of a 350 unit apartment complex in South Carolina or Houston, Texas, or some other growing city and get a couple things, either monthly or quarterly income. You could get bonus depreciation.   And you basically got a K1 at the end of the year, which allows you to claim some of those expenses. And so we love syndications. We try and stack syndications on top of each other. they're coming due. They're selling every three or four or five years. So we'll put an amount of capital in knowing that it's going to turn over in short order. And we'll have another amount of capital to put in. And generally speaking, that capital amount just keeps going up.   So we love syndications. I've been introduced and we haven't pulled the trigger yet, but on ATM tranches where you can buy, have you heard this investment? Yep. So you can buy, you know, an amount of ATM machines where you're basically compensated on whatever the fee revenue on those are. There are many advantages to those. There are some drawbacks to it, but it's again, a passive income stream and one that's fairly consistent.   (Seth Bradley) (24:25.798) yeah, for sure.   (Adam Carroll) (24:44.59) Then I really like intellectual property plays. I will tend to invest in a business that has some IP and it may not cashflow right away, but I know that in two or three years, the IP is probably going to be worth something. It's more of a long-term play for me. I'm not going to put as much in it, but we have a couple of 25 to $50,000 investments in those kinds of deals as well. That, in addition to books and   documentary is still selling and things like that I'll keep doing. For me, the process of creating passive income is kind of a game. And so whatever the next thing is, I'm digging in, I want to learn it. total sidebar, but I'm trying to teach my sons and my daughter, this is the way of the future. It's not about working a nine to five and getting W2 and staying with the company for 30 years, it just doesn't happen anymore. It's about setting up   just perpetual income streams that allow you to live the way you want to live. And that, you know, I think that answers your question, hopefully.   (Seth Bradley) (25:52.174) Pardon the interruption, but we don't do ads. Instead, know that if you're raising capital for real estate, my law firm, RaiseLaw, is here to give you the expert legal guidance you need to raise capital compliantly and structure and close your deal. And if you're looking for a done-for-you fund-to-fund solution, Tribest is the industry's only all-in-one setup and fund administration solution. Visit Raise.Law and Tribest.com to learn more.   Yeah, yeah, that's right. You're preaching to the choir here, man. That's awesome. And you're kind of pretty deep into it. A lot of people will invest in a syndication and it is expensive to get involved, right? I mean, it's 50 grand or so or more to get into one of these things. And they're like, okay, I'm done. But you can't be done. You have to keep saving, keep investing. And you're in it to the point where past investors start really start accumulating wealth because they start stacking.   They start coming due every two, three, four, five years. You put it back in another one and they just compound on each other. And you're really accumulating this tax free if you stack them correctly. So it is an incredible vehicle once you get going. And it does turn into a game. I mean, you can look at your bank account or look at your personal P &L and just see how it's growing over five, 10 years. It's incredible. And you're not doing any work. You're vetting the sponsor, the market and the deal and really just the sponsor once you get really good at it.   and you keep reinvesting with the same sponsors that you like and there's no work involved, no tenants, toilets and trash, none of that.   Yes. Yes. And I think you hit the nail on the head when you find a sponsor you really like and you jive with, it's easy to roll the money over to them because they're constantly looking for the next deal. their reputation, their personality, everything is based on their success. they have a very, very vested interest to make you money. And so I don't think I fully realized when I was younger   (Adam Carroll) (27:50.35) the power of having the ability to write a 50 or $100,000 check. And once you get there and you can do 50 or 100 or get to a point where you can write a $500,000 or a million dollar check, things change drastically because there are syndicators out there that will take a million bucks. They'll pay you $90,000 a year guaranteed on the investment. You'll get bonus depreciation and write-offs and all of that. And you'll have like a...   200 % return on it within four or five years, three, four or five years. That's where you can buy a new car every year or two or three, because you need like a $75,000 or $80,000 write-off to your business. So you need a truck or you need a heavy vehicle,   Yeah, yeah, that's right. I mean, that's a good point. mean, people that have $500,000, a million dollars or more liquid, I mean, you can just look at a simple math and you get an 8 to 10 % return on that in cash flow, just in cash flow. You know, if you're living reasonably, you can live off of that. So, yeah, so you can be, you you don't need $10 million, $20 million to retire off of this if you invest in the right deals.   Totally. Totally.   (Seth Bradley) (29:03.926) and kind of spread it across, diversify in different deals, different sponsors, different geographies, different asset types. You can be retired if you want to. It's closer than people think.   I would agree. We have a theory that nearly everyone and certainly your audience could be free, done, done completely in 10 years or less. Absolutely. We call it a 10-year freedom plan. the challenge, think, Seth, and I would be curious your take on this, but I think the challenge for most people is not necessarily an income problem. It's a liquidity problem. So you make good income, right? And we talked about it. It's the expenses that factors in.   But where the majority of your investments go are probably in qualified funds. They're sitting in 401ks and Roth IRAs. Unless it's self-directed, you can't really access it till you're 59 and a half. And even then it's 59 and a half to 70 and a half, you have free rein access. Otherwise the government's regulating how much you take out without fees or penalties. That's a liquidity problem. And so the shred method takes that into account and starts to build   pockets or buckets of liquidity that you can draw from. The first is your home equity, or it could be equity in a commercial property. And then the next would be building a bank of money that you're borrowing from at some point in time, just another bucket. And the more buckets of money that we create, the more liquidity you have and the more investments you can get into, thereby increasing your passive income. So to your point, you do this well, it's like a video game you can't lose over time.   Yeah, yeah, that's right. And we've been programmed to think if we have a high paying job, we just put as much as we can into a 401k and we're doing the right thing and we're doing everything that we need to do and we're not and then everything that doesn't go into that 401k we're spending. So we're not saving anything else. We're not keeping anything else liquid. And we're just assuming that we're going to be okay because we put this money in the 401k. Well, like you said, you can't access it until you're 60 years old. That's right. Unless you take it out with a major penalty. So   (Seth Bradley) (31:10.062) You know, one way to do that obviously is to roll it over in an SDIRA or self-directed, I'm sorry, 401k, the self-directed, something that you have some control over. And then it does become liquid in the sense that you can at least invest it in things that you want to invest in rather than a financial advisor or just stocks, bonds and mutual funds. And then as you said, there's different ways that you can free up liquidity, a HELOC.   something like that borrow against a life insurance policy we've talked about infinite banking policies things like that there's there's creative ways to do it you just need to be aware of it most people just aren't aware of how to how to do that   Yeah, I think that's what's so valuable about your show too, man, is that we only know what we know. And there's an enormous amount that we don't know we don't know. So when I got introduced to syndications, and I got introduced to the ATM tranches, and I'm looking at these going, you know, there is risk, there's risk in everything. But the risk is so mitigated. And you don't realize that if you're writing $100,000 check, and they're saying, yeah, we're going to pay you 9 % guaranteed.   And these are some syndicators will promise an interest rate based on what class of investor you are, A, B, C, D, whatever it may be. But when I looked at that and I go, if I'm striving to get eight to 10 % in the S &P 500, and I have zero control over that, where would I rather be placing my money? That was something I didn't know I didn't know. And it's always fascinating to me to begin sharing this with people because   When I share the shred method, a lot of folks go, not too good to be true. If it's so good, why isn't everybody doing it? And what I'll tell them is because of human behavior and because the bank's lobbies and their marketing engine is so powerful. But it's not magic, it's math. We're taking mathematical principles, risk-based principles and applying it to real estate or finance and figuring out how to make an amount of money that will supersede what you're.   (Adam Carroll) (33:13.782) your W2 job is pretty simple. That's right. Yeah.   Yeah, pretty simple. It's math. Just got to get it down on paper, right? Yeah. All right. Let's switch gears a little bit. I want to quickly get into, you know, this concept that you preach about building a bigger life at work because I think that's, you know, inspiring and that sort of thing and really life in general, right? Tell us about that concept and kind of dive in a little bit.   Yeah.   (Adam Carroll) (33:37.964) Yeah, you know, this started, it would actually started from a conversation I had with a recent college graduate, and they had gotten an advanced degree, they were going into a high paying job. And I think they'd been at it for maybe nine months or so. And we were having coffee and this person said to me, I'm just not satisfied. And I said, Well, what what is it you're not satisfied with? And they said, Well, the issue is that I thought at this point in time after graduating, he'd be traveling the globe.   You know, that was what he had always romanticized was just tons of travel and do whatever he wanted to do. And I said, well, what's keeping you from that? And he goes, well, you know, I just got into this long-term lease apartment. go, okay. And he said, and I bought a bunch of furniture that I financed. And, and then it's like, okay. He goes, I have a couple of gym memberships, not one, two gym memberships, you know, each probably 80 to 120 bucks a piece a month had a car payment because he needed a fancy car. And I said,   Dude, it sounds to me like you're building a bigger lifestyle, not a bigger life. And what you're asking for is a bigger life. And that became almost a deep dive search for me on what would building a bigger life mean for me and my family. And what I did, Seth, was I started digging into what are my core values? How can I live according to those core values, not according to my neighbor's core values, you who may be drastically different than mine? And...   I ended up writing a book called The Build a Bigger Life Manifesto, which breaks down how do you do this step by step. And there are 10 core tenets. And the first one is you got to build on a strong values foundation, like understanding what is it truly you value in life. And if you're doing more of that, then your life should be fulfilling. And mine are family, freedom, love, growth, and connection. And if I'm fulfilling those five buckets on a weekly basis, generally speaking, I'm really fulfilled.   And so the second is have a bigger vision and a bigger vision for your life might mean I'm not going to stay in this job for the next 20 years and hopefully make partner. then hopefully, because we all know that as you get promoted in a W-2 job, it doesn't mean you work less. It means you work more. And so my bigger vision was I want to make my vocation, my vacation. I'm going to speak, but I'm going to speak in cool places that I can take my family to. People are going to pay me really well to do it.   (Adam Carroll) (36:03.368) and I'm going to do it X number of times a year. And then I started asking, and this is the third step, asking bigger questions. And bigger questions look like, okay, so if I wanted to do that, how would I get better at speaking? How would I get so good that people will pay me 10 or 15 or 20 grand to go do what I do for an hour? What would that look like? I started asking not how would I pay my house off early? How would I pay my house off by the end of this year?   And when I asked that question, answers started coming and we were able to do it. So this is kind of the layout of how we walk people through this process. And for me, a bigger life today is just that, you know, I live for my family. I want to travel with them. I want to have tons of fun with them while they're still in the house. I have two teenagers and one in college. And soon, you know, eventually they'll be gone and it'll be my wife and I going and living the life that we most want.   Our lifestyle right now is pretty locked in. We have a beautiful home, we drive nice cars, but everything's paid for. And at this point, the goal is just to continually create massive passive permanent streams of income that afford us the ability to be generous, to live the life we want. And ultimately for me to be able to go share that message with other people.   And something so simple that you did there, it's just, you know, ask yourself what's important. A lot of us don't take the time to think about why we're upset, why are we not happy. And a lot of it comes down to not filling those buckets that are important to us on a regular basis. to be able to figure that out, you've got to take a few moments to think deeply about what it is that's important to you.   100%. And I'll give you a great example, Seth. One guy that we worked with, he realized that one of his core values that was not being fulfilled was adventure. So he loved his job and he goes, I don't know what it is, I'm just dissatisfied. And we went through the values assessment and adventure was on there. I go, well, where are you getting adventure? And he said, you know, that's the problem. I'm not, I haven't had an adventure in two years. I said, so maybe in building your life,   (Adam Carroll) (38:21.538) we need to figure out where are you carving out adventure for yourself or your family to make sure that you're doing it. For him, community was a big part of it. And he was getting some of that in his day-to-day client interactions. But what he really wanted was to build a community of friends that would go do stuff together. And I said, that's on you, man. If you really want that as part of your life, you got to build whatever that looks like.   And what if you combine that and adventure? So you get a whole group of adventure seekers that get together three times a year to go skiing in Aspen or, you know, go skydiving on a weekend or whatever it is. What would that look like to do that? And he lit up and you know, I could do this right now. So to your point, I think we're all very, very close to having a fulfilled life and building a bigger life. But you do have to take time to figure out what does that look like for you.   For sure, for sure. And a lot of the folks listening are attorneys and doctors and they tend to have high suicide rates, all these crazy things, substance abuse. people from the outside looking in think, why? Because you're making all this money. You have this high profession that everybody looks up to and you're not unhappy. And that's why, because those folks...   folks like us, we're just really focused on just that occupation. And that's it. And we don't focus on some of the other things that would fulfill us and make us happy. tons of attorneys I talk to try to get, they're like, how do I start investing as quickly as possible? Make as much money as quickly as possible so I can get out of this job because I hate being an attorney or I hate being a dentist or whatever it is. But really, that might not be the issue. The issue is that you're not filling up those buckets outside of your   career. And if you were to start filling those buckets, start paying more attention to those things, you might not be as unhappy in your career. And you might actually find that you enjoy what you're doing because you're good at it. You worked really hard to get there and you're making a good bit of money doing it.   (Adam Carroll) (40:22.06) No doubt, no doubt. I would add to that, that I think the majority of professions that you just listed, dentists, doctors, lawyers, et cetera, what they really want is they want to maintain professional status, do what they do, they've gone to school, they've learned how to do it. But over time, they want to work less and less, not more and more. And if you're doing what you recommend on the show, and if you're leveraging something like the shred method to create it, you can get to a point where   half or more of your income, ideally all of it, is replaced by passive income. But it requires that you get really focused on working for the right reasons and not filling in the lack of fulfillment or unhappiness with a new car or the next do-dad or spending a fortune on something. Instead, decide, I'm going to go get into an investment this year that will begin the process of creating passive income for me to start building the life that I truly want.   And it is, it's pretty transformational once you figure out how to do it and what the next steps are.   Yeah, it's like the matrix. mean, you start kind of, as soon as you start, it becomes a game, how you said it earlier in the show, and you just start seeing things that you didn't see before. You start being presented with new types of investments and businesses that you can invest in that you never saw before, but they were right under your nose. It does turn into a fun game, a money game.   Yeah, no question. I was at a conference not too long ago and they were calling me Morpheus because I made a reference to the red pill or the blue pill. And they were like, dude, you're Morpheus. I just took the red pill. Now I'm going down the rabbit hole. So beware. Are you ready to take the red pill?   (Seth Bradley) (42:08.374) Love that, love that. All right Adam, before we jump into the freedom four, what's one last golden nugget for our listeners?   A golden nugget for your listeners is that money today is abstract. It's not a concrete thing. Several decades ago, you would be given cash or you'd pay for things in cash. And today, virtually everything is a cashless transaction. And when we're not using cash, it doesn't feel real. If we're using Apple Pay or we're swiping our card or tapping our card,   It doesn't feel real. In fact, there's no pain sensor that triggers when you do that. The opposite is true on Amazon. When you hit one click ship for $47, a pleasure sensor actually is activated because you're in anticipation of that thing coming to you. So we also have to realize that the more money you make, it feels like, well, the more you have to spend. But because money doesn't feel real, you're spending way more than you think you are.   because of the abstract nature of it. So some of that is like reigning back in and understanding these are real dollars that you're putting on a card or swiping on your phone or whatever it may be and deciding is this the best intentional use of this money or could I be using it to build the life that I truly want? And I will add to that Seth that it's very short. There's a short amount of time that it requires you to function just a little bit differently.   order to get there where all the passive income covers your wants. So just like intentionality for the next 12 to 24 months will make a massive difference in your life.   (Seth Bradley) (43:48.502) Yeah, that's all it takes. All right, let's jump into the freedom four. What's the best thing you do to keep your mind and body healthy?   I am part of an exercise group called F3 and it stands for fitness fellowship and faith. There's like 75,000 guys all over the world that do this every morning. And we get up, you know, rain, sun, sleet or hail. I mean, we were working out in like eight degree Fahrenheit weather this winter outside. It's always outside. And I love it. I do it four or five, sometimes six mornings a week. But for me, just getting up the first hour of my day will   will dictate what the rest of my day does. And so my F3 brothers and I, that's the right way for me to get started.   awesome. With all your success what is one limiting belief that you've crushed along the way and how did you get past it?   you know, this is, this is going to sound a bit like an oxymoron statement, but a limiting belief is that, man, there's so much opportunity. And for me, I'm a bright, shiny object guy. for years, my wife was like, just pick one opportunity, please just pick one. And so for me, it's, you know, it's the fact that there is so much I can do limits me because you can really get very, very good at one thing.   (Adam Carroll) (45:08.078) But I'm a big fan of James Clear and the book Atomic Habits. And he'll say that it's hard to get traction when your focus is divided. And so I've been really intentional about zeroing in on my focus and knowing that this is what I'm setting out to do. And it may be for 12 months or 24 months or five years. And I'll reevaluate along the way. But I've got one thing and I'm really focused on that. So that's been a limiting belief I've had to get over.   Awesome. Awesome. What's one actionable step our listeners can do right now to start creating more freedom?   Well, go to the shredmethod.com not to do a self plug, it is. Go watch the masterclass, see what we do and how we do it. If you are already intrigued by this and are wondering like, what should I do with a HELOC or should I have a HELOC? My answer to everyone is everyone should have a HELOC, everyone. If you have equity in your home, why do you not have a line of credit? If for nothing else to have that is an emergency.   of some kind. So point blank, the first thing you ought to do is go access a line of credit, be it a home equity line, a personal line of credit, a P lock, or a B lock, a business line of credit. can also do a cash value line of credit. But I think you got to have one of those because when you understand this method, this process, that's a linchpin to making this work.   Great. How is passive income made your life better?   (Adam Carroll) (46:42.698) you know, I like to call it mailbox money and, man, love mailbox money. When it shows up, I celebrate and I've, I've had a mantra for years that I'm a money magnet, that money comes easily and frequently, that I get more checks in the mail than I do bills. And I just repeat those mantras over and over again. So every time I set up another form of passive income, man, it's just like a win.   that you feel deep down inside. And it doesn't matter, Seth, if it's 50 bucks or 15 bucks or five bucks or 5,000, right? Total sidebar, real quick story, but I was sitting with a buddy of mine at a conference and he kept showing me his phone and he was clearly showing off. But every time he'd pop up his phone, was like another sale was made. And it'd be like $27, $170, $300. And I go...   Dude, how are you doing this?" And he said, I set up these funnels and it's just a little digital product I created and we're doing ads and we're putting all the people towards these ads. And I said, so how many of those do get a month? He goes, I don't somewhere between $9,000 and $10,000 a month is coming in. And I remember feeling giddy for him and giddy about the idea that this could be possible, that you could just do whatever you want to do every day. Go fishing, go surfing, be on a sailboat somewhere and pull up your phone and be like, well, this is cool. just made...   $800. So for me, we have started to build that into what we're doing. I now get alerts on my Apple Watch. It's a Slackbot. So every time a sale is made, it pops up. we went to Mexico over spring break and the vendors on the Mexican beaches, they bless themselves every time they make a sale. And so now when a sale pops up on my Slackbot,   I'm like, all right, I made a sale. This is awesome. So how has it changed my life? I'm more grateful. I sleep well at night. I have peace of mind. And I know that, you know, future generations are going to be taken care of by the wealth that my wife and I are creating.   (Seth Bradley) (48:45.29) I love it, All right, Adam, this has been incredible. We're going to let listeners find out more about you.   Well, you can find out more about me personally at adamcarroll.info. It's two R's, two L's, adamcarroll.info. And again, if you want to check out the Shred Method, we have lots of free resources. So you can go and do a ton of research. We have a savings analysis there that you can plug in your numbers and see how much you could save and how quickly you could be out of debt. All of that is available at theshredmethod.com.   All right, brother. Appreciate your time. Thanks again for coming on the show and we'll to have you on again soon.   Love it, Seth. Keep doing what you do, man. This is super important stuff.   Alright brother, talk soon.   (Seth Bradley) (49:28.578) Thanks for tuning in to Raise the Bar Radio. If you enjoyed today's episode, make sure to subscribe, leave a review, and share it with someone who needs to hear it. Keep pushing, keep building, and keep raising the bar. Until next time, enjoy the journey. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Adam Carroll's Links: https://www.threads.com/@adam.carroll/ https://www.instagram.com/adam.carroll/ https://www.linkedin.com/in/adamcarrollspeaks/ https://www.facebook.com/AdamSpeaks/ https://x.com/adamcarroll https://open.spotify.com/show/1fPEUnWdnbcOcbYdksY1Yi https://www.youtube.com/channel/UCJREGkPP6UwMucJMPvDS8xg

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Title: The Truth About Capital Raising That Your Attorney Won't Tell You with Devin Robinson Summary: In this episode of the “Funds on Fire” podcast, host Devin Robinson interviews Seth Bradley, a seasoned SEC attorney and a friend. Both share insights into the world of capital rasing, investment funds, and legal compliance. Robinson highlights the rapid learning curve and opportunities within the fund management landscape. He discusses his background in raising millions for real estate ventures and transitions into the value of complying with SEC regulations when raising capital. The conversation sheds light on common misconceptions surrounding securities law, stressing the importance of education and understanding regulations related to passive investments. Bradley offers practical advice on starting investment funds, the advantages of teaming up with experienced SEC attorneys, and the evolving trends in alternative investments, particularly in light of recent market changes. He emphasizes the necessity for diversity in investment management and the need for entrepreneurs from all backgrounds to have access to the financial education that empowers them to raise capital and scale their business ventures effectively. Links to watch and subscribe: https://www.youtube.com/watch?v=P-w_w6WAUVw Bullet Point Highlights: Capital Raising Insights: Devin Robinson shares his journey in successfully raising millions for investment projects. Legal Compliance Importance: Seth Bradley emphasizes the significance of understanding SEC regulations to avoid legal troubles in fund management. Fund Management Strategies: Discussion on navigating funds, from 506(b) to 506© offerings, providing clarity on compliance requirements. Education Gaps: The necessity for education in the finance and investment space is underscored, highlighting the lack of resources for aspiring fund managers. Diversity in Investment: Recognition of the disparity in investment opportunities for minorities and the importance of fostering diversity in fund management. Trends in Capital Raising: A shift towards fund-of-funds structures and other innovative investment vehicles as alternatives to traditional capital raising models. Confidence Building: Advice encouraging newcomers in investment to be confident and educated, asserting their place in the industry. Transcript: raised tens of millions of dollars myself as well as um you know we purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets we don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate it started going down you started seeing some people get in trouble but all along the way on that rise up he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if   you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all good until it's not welcome to funds on fire the podcast that ignites The Passion of investment funds in capital raising here we turn the complexities of fund management into clear actionable steps that drive results I've invested into diverse real estate across the United States and managed thriving funds and I'm committed to transforming lives through the vehicle of investment funds and helping   others to do the same join me as we document the Journey of scaling businesses raising capital and impacting tens of thousands of people around the world my name is Devin Robinson and welcome to funds on fire on this episode of the podcast I actually interview Seth Bradley who is an SEC attorney and has become a really good friend of mine so him and I met a couple years back at raay Fest and which is we're part of a mastermind for Capital raising and fun launching and then both of us as we've become friends   as we did this podcast interview gosh a couple of months ago and then now I've launched the podcast and even since then this is pretty cool him and I have actually started a partnership on um on helping people to launch uh manage scale and raise capital for investment funds and it's something really cool so you'll hear more about that later but it's really cool that it started uh with this podcast we both are very like-minded people we both have very similar goals and desires especially when it comes to   Capital raising and the access to information with when it comes to that and for other people to be able to learn how to um honestly be able to launch and scale an investment fund and there are so many people that have the ability to do it have the um the skills and the knowledge to do it but don't have the opportunity to do it or honestly just think it's too hard to do and so I'm so excited because partnering with somebody like Seth is incredible he's a guy who has helped hundreds of people to launch   and manage their funds or would just really launch their funds he has raised hundreds of millions of dollars and invested into hundreds and hundreds of millions of dollars worth of real estate himself and so to be able to partner with him on something like this is really really awesome so I'm excited for that as we talked through his journey talk through all the things as we go through his progression from just being a real estate attorney to then an SEC attorney that goes and helps people to launch and manage funds his involvement   in that some of the things he's doing and honestly it's going to be a really good conversation for you all to hear how to stay compliant how to make sure that you guys are raising Capital appropriately how to make sure that you guys aren't going to get in trouble with the SEC because of how you guys are raising Capital so excited for this really pumped for this episode just thought I'd give you a little preface before we dive in you are going to want to listen to this cuz he is awesome and I'm excited so thank you so much enjoy   the episode all right what's up and welcome to this episode of funds on fire I I love this uh because today we have a friend of mine Seth Seth we go back I don't know like at this point I feel like it's like two years now or a year and a half what we met at Ray's Fest a while ago and I'll tell you I was super impressed by this dude because we met we met at a bar we were like at this event we had guess us that's right that's exactly right we were at this event for Ray Fest and like I'd gone downstairs he was   chilling I was chilling we started talking and I was like I like this dude because one he's not like the typical like white dude that's here he's all tatted up he's really cool and then I realized he's by far the smartest in the room and I was like yo Seth is the man so Seth I would love for people to tell or for you to tell people like who you are and what you do I've enjoyed keeping up with you over the years content you're putting out is incredible and so if you haven't give this man a follow   ESP if you want to stay compliant with funds and the legal aspect of it cuz he's doing some really awesome stuff and I love how just like fit you and your Wi-Fi that's pretty cool too so I respect that too so Seth like tell people who you are where you're from what do you do cuz I think it's going to be important for people to know you all right man Deon I appreciate that intro brother yeah it was it was great meeting you back in the day now we've kind of followed each other on social media and   kept in contact and loved it love it man love it but I'm I'm a Securities attorney so anytime you're raising capital from passive investors you can get me involved I've got I've got the pedigree I worked in big law for seven years before starting my own Boutique Law Firm I think what people like the most about working with me is that I actually come from the business side as well so I'm a syndicator and a fund manager myself so um you know I've raised tens of millions of dollars myself as well as um you know we   purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets so you know I come from not just the legal side but also the business side and I look at every single deal like you know whether I'm you know actually an equity holder or I am just the vendor as the Securities attorney I look at the deal like hey how are we going to get this thing done right a lot of attorneys kind of get in the way um I don't want to get in the way I I will tell you what the risks are what your liabilities are what you might   be opening yourself up to what the gray areas are but at the end of the day you're the business person and you're the entrepreneur so you make the decisions based on the information that I give you so I'm I'm there to help you you get the deal done that's cool man cuz like I know man there's a lot of misconceptions about funds and so one I can tell you I really appreciate I really appreciate you because I have had some not so great SEC attorneys that I was not a big fan of then I've had some good ones and so I'm thankful for it and   so when it comes to that uh we're going to we're going to talk about compliance because that's super important but we'll also talk about uh because I I I guess so I'm in another Mastermind I think I was going to bring this up a little bit later but I'll bring it up now and I want to talk about the importance of finding a good attorney because like I I'm in a different Mastermind and it's more of an operators based Mastermind like how to a lot of single family things and I I talk to people and I'm like and because I'm   going to set the groundwork for this podcast but I talk to people and they're like oh yeah I've got some friends they've let me borrow some of their money and I'm just using that money and I'm like oh hold on uh what do you mean and so I talked to like I mean I can't tell you the last po I was there two months ago three people told me this said three people and so they were like they were like yeah so I have an LLC and they wire the money into my LLC account it's like three or four friends they   wire this money into my LLC account and then I use it and I give them a return and I'm like you need to call an attorney right now because you are literally violating Securities Law like you you you are and they're like wait wait wait okay but but what if what if they they say we we sign up you know a promisory note they put it in here and I'm like security and then they're like okay but what if that the the the people hold it an escrow our attorney is holding an escrow I'm like security and so like just to even like set the   groundwork what is like what what is a security and and and what do you see most often when people come to you and they're looking for an attorney and they're like hey I'm doing this is this legal and you're like no that's not legal but what do you see like what is the security and what is the misconception or the mistake that you see a lot of people make when they come to you yeah I mean you just said it so the number one problem or the the biggest problem I see every single day is just the lack of knowledge like   people just don't know and there's there's maybe a fine line there between not knowing and not caring enough to know right exactly you're like I know I'm doing something here and I don't care to look into it a little bit further to figure it out but that's but that's really what it comes down to is just not having the knowledge because you think like you know I'm just going to you know me and this guy are going to partner he's going to give me all this money and they're not going to do anything and they're going to they're   going to expect a return on their investment and all that kind of stuff and it's all good but it's not you're getting yourself into into issues you know to define a security in a in layman's terms I like to just say look if you've got a passive investor involved in your deal and they're expecting a return on their money and on the actions that you're taking as the active participant then that's a security and that that's it like if if you have a passive investor meaning they're not you know making decisions   they're not managing they're not helping you out on the active side that's a passive investor and you're probably dealing with the security right and this is what I think separates like syndication from the fund right so like if you have a syndication and then you have somebody who is brings the capital typically they're making some of the decisions which makes them a little bit more active so then it's not in that sense of violating that Securities laws if it's just either like one person or even a couple a group that's actually   making decisions on that and I guess that's not the main differentiator between a syndication and and a fund but I think that's where people get confused is the passive part of things that's right that's right it's the passive part of it right like you have people that come in whether it's a syndication or a fund if if they have um some sort of managerial rights or meaningful voting rights because you'll see if you if you invest passively in a deal and you read through the PPM and the operating   agreement you'll see that you really don't have any rights to make any sort of decisions there might be some convoluted way that you might be able to get the manager out if a b c d and f happens but probably not so you'll see that you're really passive right and if you're passive then that's a security that you're dealing with you're investing into security cool that's cool and I appreciate us understanding that groundwork because I want people to listen to this I want people in my Mastermind to listen to this I want   people to just hear and understand that more often times like more than you think there are people clearly violating SEC like security law and so I just want to make sure that people are compliant and this is like you mentioned it earlier and I think that's really important is just the lack of Education side of things and you and I talk about that we talked about this before this of like really there's only like two main Educators in this space that are doing this and unless you know those two you   run the risk of not really being honestly educated enough to run a fund unless you have the self-education side of these and so I love like what you're doing and the content you're putting out especially from a Securities attorney aspect to be able to help that what what have you seen has been like the main sources of Education because even just like outside of what I do outside of what you do uh are there other sources of Education since you've been in this space longer than me that people can go to to gain more   information about what it looks like to raise a fund or uh or even start looking in that direction yeah dude it's tough out there right like you just you just said it and I I'll just name him I mean Hunter Thompson has some really good content that he puts out love Hunter super intelligent guy great stuff it's about raising Capital 4 real estate specifically which is great for the for your audience um and then Bridger Pennington of course um his is a little bit not necessarily real estate related   more in the private Equity space but also real estate sometimes and those are really the only two guys that are putting out content um typically before them you're really getting your education from your securities attorney that you engage with you know that can you know they're going to give you legal advice they're not going to give you kind of like you know they they'll review your marketing materials and things like that to tell you hey this is compliant this is not maybe this is what you should do this is what you shouldn't   do but there's not really anything comprehensive out there where you put the whole package together when you're really trying to start a capital raising business other than those two guys right now so you know there's a lot of room in that space for people to to step in and do it and and also you know Securities attorneys if you look I mean there's only a few of us putting out any kind of content cuz you know as an attorney most most of us are pretty conservative we don't want to put ourselves out there we   don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate and that's what I was going to ask so for you man just like a little bit about your journey because like it's not every day that you meet a a Securities attorney now granted we are at a fund event so then like of course you're going to run into a Securities attorney but like honestly you you I feel like and this is kind of cool I feel like me and you don't fit the molds   of our role like for like we're tatted like you know like you know I'm saying we're tatted we're a little bit more laid-back I got I think I posted this the other day I graduated college with a 2.3 GPA like I I just am not very qualified of what you would put the normal qual qualifications of a fund manager would be but for you like for you how did you get started and like what Drew you to Securities Law cuz it's a very specific Niche to be in for sure yeah and I really got started in real estate law so I was always drawn to real   estate I just knew it was a great investment I've just like intrinsically loved real estate I don't know what it was like even when I was in undergrad I was like man it would be so great to own these tow houses that I'm living in like things like that I've just always been attracted to it and investing in it so I started investing in it myself I started out doing real estate transactional law oh cool from that from that perspective and then I realized that you know raising Capital was a little bit more   sophisticated I I like that aspect better and I started gravitating towards that and got into Securities Law and and again at the same time as I was doing that I was also starting to Syndicate my own deal so um pretty interesting that I got kind of the legal side got the business side going at the same time so it gave me really good perspective that's cool so you talked about your journey a little bit I love like diving into that Journey because you you said that you you were in on some of your own   deals so you started as real estate attorney chop that like started doing that were you like a closing attorney yeah yeah okay so like a closing attorney uh and then started did you get to a point where you're like yo I see all this money that people are making I kind of want to do that is that how it like switched into you becoming an active investor into real estate uh yeah somewhat man I mean I took kind of the traditional route of real estate investing I read Rich Dad Poor Dad I started listening to Big Pockets the   purple Bible you know it man what it is um yeah did all that and house hacked into a duplex I mean that was my first property started fixing and flipping a few few property still own some single family those sorts of things um and then you're San Diego right I'm in San Diego yeah but I'm originally from West Virginia West Virginia West by God Virginia that's right all right I mean like I feel like if you I feel like if you're from there you would say something like that that does make sense that does make that's the say that's   what we say West by God Virginia no I don't know anything about V West Virginia but now but now I do so now do you own some of your properties in in very two very different markets West Virginia or San Diego is that like where you own them or are you in other markets they're all over the place so like we invested I lived in Charlotte for a little bit like you know so own a couple properties there own a property in West Virginia that duplex that I was telling you about cuz I moved there for a job really you know California is   tough like to make anything cash flow there's some Adu opportunities right now for that but really just own the house that I live in then I have a condo that I rent out up in Orange County and that's about it but the other ones are all kind of all over the place like we invested in Cleveland for a little bit as well oh yeah some multi family stuff in Cleveland that that was kind of in the single family phase but as far as like the multif family the retail a lot of that was like in the midwest um in   the in the um in the sun sun Bel area so all over the place and we did like industrial we did retail we did multif family um all all sorts of stuff man on the commercial side and it's good to know that background for you like not that background but like you had the ability to understand and how to structure some of those deals um and so I'd love to I'd love to talk about the structure of funds a little bit because this is sure I'm going to as the question that I think like everybody wants to ask an SEC attorney about the   difference between a 506b and a 506c and then what constitutes like having that pre-existing relationship right because like if you have a 506b or a 506c there's certain stipulations but those are the two most common right like 90% of funds are 506 BS or 506 C's and so and if I'm wrong just just let me know but I believe that's like the statistic and and with those what constitutes the differences and then the pre-existing relationship part is one that a lot of people have questions about for sure man   yeah you're spot on so far I mean 506b I like to Remember by buddy so it's typically going to be a buddy right like yeah you have to have so the rule isn't that you have to have a pre-existing substantive relationship the rule is you're not allowed to solicit or advertise that's the rule and the way that you show that is by having a pre-existing substantive relationship with those investors so that that's a little bit of a Nuance there the rule is really you can't or advertised you can't go on Facebook and talk about it you   can't take out Google ads and and put it out there you can't even talk about it really to strangers and invite them into your deals you have to have that pre-existing substantive relationship because otherwise think about it well how would they know about your deal if you didn't right like that's that's kind of the the mindset there so yeah be but the the advantage there of course is that you're allowed to bring in 35 non-accredited investors so that's why people go with the 506b route number one   you can bring in a limited number of non-accredited investors uh number two there's there's less requirements for you as the uh fund manager or the syndicator the capital raiser on proving if they're accredited or not because they just self-certify so those are really the two big reasons you would choose a 506b versus a 506c which you can remember that by community so it's a bigger pool of people all right it's 506c for Community those folks when you have that exemption then you can go out there to your community you can solicit   you can advertise you can put it on Facebook you can put it out there in your m mind you go speak on stage and say hey guys come invest in my deal you can do whatever you want really it gives you the freedom to operate and not feel like oh am I doing something wrong but obviously the big thing there is accredited investors only so if you choose that 6C exemption you're only allowed to bring in accredited investors and they're all you're also going to have to take reasonable steps to verify that and that's typically through uh a   third party vendor or through that Investor's attorney or uh CPA that's going to write them a letter that says that they're qualified yeah which typically and you and not typically but like this is why you see even older more established funds go with a B because it's easier to just bring them in so they don't have to do all that stuff yeah what you see is they'll do a 506b but they won't allow uh non accredited investors in so it'll be 506b but only allow accredited investors so that they don't have to they don't they can   self-certify yeah which is makes it just a whole lot easier of paperwork standpoint so then uh that's which is really really interesting so for for me and I'm actually I'm going to just dive in a little bit deeper because there's so much gray here and like you can it's fine if you don't bring any like Clarity to the situation but there's so much gray here because I hear people that are like all right now when you meet that person add it to your calendar that you met that person and then you could talk   to them three weeks later and then like then you could pitch your fun to them and then like then now you're showing the SEC that it's a a pre-existing relationship and then it's like well where the heck is the line if there isn't even a line and then it's like then then what do they what is the expect me to do you know like if somebody introduces me to somebody how the heck do I make sure that I'm compliant in that in that relationship that we have if I know that they even come into the relationship interested in   what I'm doing I want to take a quick second to talk to you guys about something that could completely change the game for you if you're serious about launching and scaling an investment fund if you've ever wanted to start a real estate fund private Equity Fund or syndication but didn't know where to start this is for you fund Founders is giving you free access to foundations 101 a step-by-step course designed to help you to structure your fund the right way so you stay SEC compliant raise Capital like a pro even if you   don't have a network yet scale your fund without constantly chasing investors and avoid costly legal mistakes that can shut you down this is the exact road map successful fund managers use to launch manage and raise capital for their funds without wasting time or money and the best part it's completely free go to funds onf fire.com back/ Founders or click the links in the notes to get instant access to the fund Foundation 101 course don't miss this if you're serious about raising capital and growing your fund this is where you   start again that's funds onf fire.com Founders or click the link in the notes now let's get back to the show yeah uh pre-existing uh actually just means pre-existing the offering so pre-existing your syndication pre-existing your fund so that makes it a little bit difficult when you've got let's say an evergreen fund right it's like well you got that offering open forever right so you can't even bring anybody in after you've opened it um that you don't already know but there is a there is a kind of a loophole I'll   call it it's not really a loophole it's it's actually a regulation but you can actually convert um a 506b to a 506c now you didn't used to be able to do that but I think that pass um maybe like two or three years ago where you can convert the 506b to the 506c now you can't go back after that but once you make that conversion you know get all your 506b investors in if you want to fill that 35 non accredited pool and then convert it to a see you can do that and then you can go out you can solc it you can   advertise you can talk about it you can bring in strangers yeah now that's really interesting too well and I do know that I think you just have to close subscription for like 24 hours right or something like that and then you can open back up you really just have yeah there's not really a Time requirement you'll hear something you you'll hear where there's like a cooling off period and they'll say 30 days 60 days but it really just comes down to closing that first offering because it's separate   that 506 B exemption offering and then opening that new C offering and just to be safe because again we're dealing with Securities it's always gray maybe give it that 30 days to cool off and then open up that 506c and then you're good to go and you have to refile like a form D and everything like that you do okay you do okay cool I wonder if you're your blue skies you can use the same documents but You' need a new form D yeah okay cool all right very interesting so that's cool to know too so I use a platform and I think we've   talked about it briefly called aester and I'm a big fan because it's a customizable fund they actually don't I think because of the nature of the customizable fund they actually said that I can't close down my be and open back up as a c just by nature of that type of fund and I thought that was really interesting and I know you and I have talked about potentially chopping up like what the heck is the I I think I sent you the stuff for it I can't remember but uh yeah I think so yeah talking about that customizable fund   because it sounds like um you know there's different fund models there's um there are the reg d506 B and C's there's reg CF reg A's and then you also run into like syndications and then you have fun of funds right and so it sounds like and for you you've kind of done all of them I think oh yeah but right now you're really focused on one major one right is that what you like so the fund that you currently operate and you're running uh I'd love to hear a little bit more about that yeah for sure so just to   comment on the the aester fund you know it's it's a kind of a new product right the customizable fund it's pretty new it hasn't really been tested on the legal side quite yet it's pretty complicated right like complicated from well what it spits out is simple right they say Hey you create this Evergreen fund and then you get you know each investor only gets 1 K1 even though they might be invested across a bunch of deals things like that which is great um but you lose that flexibility so I don't know the the   intricacies of it but you know you can imagine you've got this this customizable fund that's invested in let's say 10 different other deals or whatever and some of them it's acting as a fun of fund some of them it's acting as u a lead sponsor or all these different things so trying to convert that to a 506b from a or 506b to a 506c I can see where you can run into some complications there it might not be possible yeah and I think so because the structure sorry the structure of it they tell me what makes it customizable is   the fact that like our investors can log in and I don't actually like I have an overarching PPM they log in and they choose the their investment that they want to I'm not telling them the investment that they have to like invest into they read the deal disclosures and decide decide that that's what they want where they want to allocate their money to which allows for for the customizability of this type of model so I think like that's where converting it to a c would be yeah what you're saying for sure y that's that's kind of the   defining I guess piece of that customizable fund is that investor actually gets to pick and choose within your fund that you created where they invest um and that actually I can see where that why they do that I mean it's a it's a great concept but also that keeps you from actually making any decisions as the fund manager so that keeps you out of some certain regulations I'm like hey this is what we offer yep you can look at the deal disclosures and decide on where you want but like they could and this is like one   of the things that they like is I can say oh you could you could essentially diversify your portfolio within one fund because you could choose this one this one this one this one but you choose how much you want to go into there so that's that is a very interesting model and so that's really cool um or like yeah the investor chooses it yep the investor chooses it and yeah and and I'll you know that contrast to what you're alluding to which is an SPV fund of fund so that's what we do over at tribe vest   in full disclosure I'm Chief legal officer and a and a shareholder of tribe vest um so I'm a little bit biased and aester is you know we don't like to call him a competitor honestly they do fund of funds and we do fund of funds is like the overarching product but it's completely different you know one situation which why I brought it up it's the only reason why I brought it up because I'm excited to dive into tribe vest and what you guys offer um because this is not a pitch for tribe vest and like I didn't even know about I did know   I've heard of trivest but didn't even know you were a part of it before this podcast but I love hearing what you're a part of and that's why I want to dive into that a little bit because I think it's cool yeah and I like it it it might be a good to kind of lay it out right you've got these customizable fun of funds out there avor is really the only one offering them there's a couple other uh groups out there that are going to be offering them soon you can actually go to a Securities attorney and they can   put it together for you as well um and yeah and then you've got the SPV fun of fund again you can go through triest or you can SPV just for clarity special right special purpose vehicle or single purpose vehicle kind of either either one really applies then you've got your typical discretionary fund which you would go directly to a Securities attorney and that's where you're actually making some decisions you're saying okay I'm going to raise 10 million bucks and I'm going to invest in Deal one two three four five six seven   eight um and you're kind of making those decisions and there's a lot of rules and regulations that you've got to abide by to be able to do that without a license but anyways back to the SPV the single-purpose vehicle instead of a customizable fund where you know the investor is making the decision and you as the fund manager in you know you make all these different things Avail all these different Investments available the SPV is designed as a single purpose vehicle to invest in one single deal so   if there's a Target deal let's say a 200 unit multif family property in San Antonio um we're going to spin up an SPV for you to invest as a passive investor into that Target deal and that's it it's super simple it's super contained it's not complicated it it just keeps everything compartmentalized both from an asset protection standpoint and from visibility right you're going to know as the fund manager and as the investor exactly what you're investing in what you're how you're going to get paid what   your projective returns are and it doesn't really get mudded by other Investments and this is what I CU I've talked to other SEC attorneys and they've talked about it's funny they've talked about how rare what I've done so I've like maxed out my 506b on a my first fund being a blind fund and they were like that's super rare because you're saying hey just trust me but what you guys are saying what you're doing is saying hey this is the specific and that makes it a lot easier to raise Capital because like you said ton more   transparency they know what they're investing into and so for people starting out that's probably the route that they want to start with is something where they can bring transparency and then the investors that they're coming in know exactly what they're investing into that's right de yeah what you did Devon was incredible like it's really difficult to do most people don't start there they can't start there they don't have the ability to um to be able to build that up that level of trust and track record prior to   you launching the fund that's why you're able to do it but most people can't do it most people have to get their first few in the door by showing the investors hey this is the exact deal that you're going to invest in and you're getting you're going to be a part of and they can do their own due diligence and underwriting and those sorts of things and they're say oh yes I believe in that property or that deal and I also believe in you as the the fund manager or the syndicator and it's easier to raise   Capital that way as opposed to a blind pool fund where it's like hey just give me your money and we're going to invest in something that looks like this and yeah exactly exactly so I actually I want to dive into more into tribe vests cuz like so where does the benefit come in because like somebody can just go and get with an SEC attorney and create their own SPV and and kind of go that route but where's the benefit of somebody coming in and working with tribe vest like why I mean honestly like I please I like tell me like why have   you invested into it why do you believe in it so much and then yeah tell me a little bit more about it man yeah because it it just makes everything super simple and super contained and we handle everything so if you go to an SEC attorney like myself I'm going to come in and I'm going to I'm going to draft your offering documents I'm going to file your exemptions do your blue sky filings and that's it and I I'm going to wipe my hands of it and I'll say you know good luck you know more than that I'll help you out of yeah exactly I'm   going to charge you a lot of money I'm going to charge you at least 25k right Tri vest includes everything that you could possibly imagine so all these different parts that you would have to put together as a capital aggregator TR vest handles so that includes not just the offering documents the legal stuff the filing of the exemptions and the blue sky filings but we're going to file for your entity we're going to get your EIN we're going to be your registered agent we are going to uh onboard your   investors so we're going to act like an like an investor relations person on your team so all you do is send us your list of investors and we start reaching out we send them the docs we walk them through how to sign and get them through the signing ceremony we hound them or we call it hurting the cats to get them to actually fund the deal cuz sometimes people get cold feet so bug the hell out of them yep bug the hell out of them until they make that wire we do all that we do the uh the accounting in your k1s   we configure your cap table very cool we do your distributions we open your business banking account we do uh everything on the back end uh we've got the investor dashboard or investor portal that you can use which alone is you know you're going to pay $500 a month at minimum for that by itself so it it's incredible and we do it at an incredible price and I mean we're not we're very transparent about that it's $5,000 upfront and then $2,000 a year annually and that comes with docs and everything that comes with docks and   everything there's just you can't be beat I mean it literally can't be beat and the other thing is the speed so as soon as you sign the greenl docks which is basically just like hey you agree to the services that we're going to provide we will have you raising capital in five business days no way man that's really cool that's fantastic if you come to to me if you come to me as a security attorney I've got that hat on you know we're not doing in 5 days I'll tell you that now how much education do you help   with because I tell people all the time like here's the questions you should have beforehand because your SEC like your attorney will be the most expensive education you have ever paid for if you don't have that information beforehand so like what what type of because they'll charge you like if you don't know if you want a 506b or 506 C you don't know if you if you want your waterfall this way if you want this and you're just asking questions they're going to charge you by the hour to ask those questions and so for you like how   much help do you guys help for people who are like I've never started a fund I'm really looking forward to starting this but I don't know where to go what does that look like for you guys yeah I mean for tribe vest we're putting together some modules actually right now we're going to roll them out literally before the end of the year which will be fantastic because we're going to share that with with the world you're going to be able to self-educate on what is a fun to fund how does that look like in the   fundraising ecosystem like you know what is a preferred return what is the profits what kind of fees can you charge all kind of the nuts and bolts that you need to know we're going to have that out there so soon enough that'll be available to the public and that'll be a huge value ad and huge help for us as well because we don't have to educate one-on-one anymore as a Securities attorney I I will advise on people I mean I'm I'm happy I'm I'm more of a mentor and a coach when it comes to that sort of stuff and I'll I'll be like look   attorney hat off right now I'm going to tell you this and here's kind of your gray area and that sort of thing so you know I I I think I get into those sorts of things a little bit more than most attorneys will um but if you go to like a a large Law Firm or even a regional Law Firm they're they're going to charge you per hour and that's going to be anywhere between you know $400 to $1,500 an hour yeah there's no doubt there's there's no doubt so and this is really interesting because one of the questions   that I had just going into this um and not even knowing about uh the not even knowing about tribe vest and and all of that is what have you seen as far as like trends that you're seeing in the industry right now because Trends seem to be changing one just even I I'm a disruptor you're it seems like you're a disruptor of Industries and we're trying to disrupt this huge investment fund industry um but it seems like there's being like there's different type of offerings there different structures there's different   things that people are doing what are some of the trends that you're seeing that people are kind of pressing against or starting in as far as funds as a whole you seeing that being the case of being become more common yeah I mean so like biggest picture right is trying to get these types of alternative Investments to the masses because most wealthy people even rich people whatever you want to call them that have some Expendable income that want to invest the only thing they know are 401ks stock market mutual funds   and those sorts of things and they we just need to get that out there and I think you're seeing a trend towards that I think bringing in more people that want to raise capital and start a capital raising business is how you do it right because they've already got their built-in networks and then those networks know other people and and it kind of spiderwebs out from there so that's that's kind of the biggest picture trend is just trying to see well we're seeing you know alternative investments just become more available   to the masses second you're seeing the industry go away from the CP model which I like to say the cgp model is dead and you're seeing people turn to the fun of funds route yeah because the cgp model has just been abused if you do it the right way if you're actually an active partner and you're actually participating in the meetings and and decid on Asset Management typee decisions then all good that's how it's supposed to be but when you're just raising capital and not doing anything else that's when the CP model gets   abused and it's not just oh well you shouldn't do that it's illegal it's plain and simple illegal so that was like the conversation I'm telling you when um I was having the conversation with that guy at my at my Mastermind and he was like we're doing this and I go like stop and he's like haa and I go no no it's illegal and he's like oh haha and I'm like no no like prison illegal and they I feel like just people don't understand the severity because they feel like what's wrong with it it's not that bad and it's like no no it's   illegal yeah and you know that this is just what happens right like you just kind of everybody just pushes boundaries pushes boundaries and you know fortunately or unfortunately however you want to look at it the industry's been fantastic for a long time right the real estate industry's went up since the the crash in 2009 2008 all the way until really covid and that was just a blip and then it took off again and then B basically up until last year 2023 is when you started seeing it kind of take   a nose dive a little bit because of interest rates and not because of the actual state of the market but the interest rates but either way it started going down you started seeing some people get in trouble but all along the way on that rise up all the investors have been happy he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all   good until it's not and then you've seen in yeah and then you see in 2023 you see you know potential foreclosures and workouts and you know Capital calls things like that investors aren't happy and we're in America and people are like yo how can I get my money back well you try to sue somebody and that's when you start seeing some of these things where the cgp model was abused or people weren't raising Capital the right way or they didn't f exemptions all those sorts of legal things that nobody really   worried about because everything was great start coming up and you're you're seeing that now so you're seeing that shift away from the CP model to the fund of funds model because the fund of funds model is compliant obviously if you do it the right way but it's more compliant and it's always been the answer but at the end of the day it's expensive it's more complicated you've got more attorneys you've got a whole separate offering all these different things that you have to take into account and people   were like I'm not doing that but now we're kind of forced into having to do that and that's where you know tribe vest and aester and some other folks are coming in and having coming up with solutions for that yeah that's really cool um because one one more thing I'm really curious on that you've seen because I feel like there is a fairly irreg irregulate asset you know coming into a very regulated um like structure right so one the things I'm talking about is like the rise of crypto in these crypto funds and these blockchains   based funds have you seen that start to affect like the legal landscape of funds and the formation that people have of that and the way that people are thinking through that and even how the SEC is starting to figure that out and uh and stuff like that have you seen like an emergence of more of those blockchainbased funds I have yeah and not just like strictly you know blockchain and and crypto but also just spin-offs of that right like you saw tokenized real estate was a big thing for a little while it's kind of turned   down a little bit but that was huge that was like I was crazy that you could be like I'm tokenizing my my bathroom and when I sell it you get like that much of the footage and the appreciation it's like what that's crazy yeah so it's kind of cooled out a little bit you know I don't I honestly don't follow that that closely just because I know that it just changes so fast and especially now that we've got the new Administration in here you're probably going to see a lot more loosening of that which would be good   for us but yeah I mean you know you're going to see that right like CU we are just on the the precipice of just crazy technological advancements from tokenized Real Estate to you know crypto to AI like all this stuff is going to like this landscape 5 years from now is is going to be unrecognizable yeah that's it's it really will just because of the way that contract law is going to go from the from the from um from I guess blockchain based like because like you'll see that where the blockchain will take a lot of   those uh a lot of that aspect and change it and flip it on its head so it's going to be super interesting to see how that goes man I want to respect honor your time I appreciate you being on I guess one thing I guess one more question that I have before we kind of go into the exit if there's somebody that's thinking about starting a fund because what you were saying earlier really there's only two main people if I'm fully transparent I want to be able to be uh the voice of funds for minorities and women in this   country because like all those other they all the white dudes they could have all the other white dudes that's fine with me but there's a lot there's a there's a huge disparity I heard uh don peees once say and this has changed my my my thought my process like my mindset ever since he says in the history of America there has been $94 trillion to come in through private equity and real estate in the history of American and history of America 8.3% of that had no sorry 1.7% of that have gone to minorities and women that means 98.3% of   that has gone to white men and so there's this massive disparity between access to education like you're saying access to Capital Access to I think there there's this quote that says the world equally distributes talent but doesn't equally distribute opportunity and so there's this huge disparity of opportunity of people that look like me and look like you and look like women around this country that I would love to make sure we're the voice for and so for people who don't have a lot of that education one what's a big piece of   advice that you would give them and when they're starting to think about starting a fund because I think like if I'm full of transparency most of the people I talked to and I told you I saved from prison there were black dudes they're just trying to do the right thing but don't have the education to do the right thing and so for for that like what what's a big piece of advice you would give people that are thinking like I think I want to start a fund um what should I look out for how expensive does   it matter because we've talked about a better solution for how expensive it can be but what's the thing that they should be looking out for yeah I mean you know right off the bat like be confident and don't be intimidated because I think some people yep in those groups that you described might feel a little discouraged because of that because you walk into a room that is maybe all fund managers or all capital risers or you know those types of people and you're like who I don't look like everybody   else so maybe I don't belong here or maybe your confidence goes from here to to hear and you're like and then and then you come off that way right like you've got to you got to step into that room with confidence and a lot of a lot of that comes down to self-education right like it comes from education and it's out there now I mean we mentioned that there's only a few really good sources but you can still piece it together I mean you can find anything on YouTube University just to at least get the you know being able to talk to talk   and walk the walk and and feel confident doing that so just get educated to start get that Baseline and then get out there and just be be confident like I said don't be intimidated don't feel like you don't belong because we got to get folks out there that are that are doing it from from those groups yep that's right man well I appreciate it Seth where can people find you where can people hire you where can people join what you're doing um because I think that they should I'm a big believer in you and   what you're doing and I'm excited for for all those things appreciate it man I usually update all my Links at Seth Paul bradley.com so you can find everything there I'm all over social media so all my handles are Seth Bradley Esq cool man I appreciate you thankful for your time thankful for your friendship I really look forward to uh to Growing growing together man it's fun to see other people that like we're about the same age I don't know you look like you're in your 20s but you're you're not I know   that but like uh but like like for us to just rise together on this man and so I'm thankful for this journey that we're on together and I appreciate you being here today love it brother appreciate you yes sir talk to you later man wow I hope you enjoyed that I have a quick favor if you've been enjoying the show there's one simple way you can support us and it's by hitting that follow button or that subscribe button on the app app you're listening to I want to level this podcast up in every single   way possible bringing you more value incredible content and guests and new strategies Following the show and leaving a quick review goes a really long way in helping us to grow and continue to deliver top tier content it's the only free thing I'll ever ask you to do and it makes a bigger impact than I can possibly put into words so thank you for being a part of this journey and I'll definitely catch you on the next episode to great success and greater impact peace Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=P-w_w6WAUVw https://www.instagram.com/p/DHbcSjGT7Jn/ https://tinyurl.com/FFfoundations-YT https://pfcapital.us/ Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Devin Robinson's Links: https://www.instagram.com/devin.robinson1/ https://www.linkedin.com/in/devin-robinson-997ba040/ https://www.facebook.com/drob737/ https://x.com/devinrobinson37 https://www.threads.com/@devin.robinson1 https://www.tiktok.com/@devin.robinson1  

Title: The Truth About Capital Raising That Your Attorney Won't Tell You with Devin Robinson Summary: In this episode of the “Funds on Fire” podcast, host Devin Robinson interviews Seth Bradley, a seasoned SEC attorney and a friend. Both share insights into the world of capital rasing, investment funds, and legal compliance. Robinson highlights the rapid learning curve and opportunities within the fund management landscape. He discusses his background in raising millions for real estate ventures and transitions into the value of complying with SEC regulations when raising capital. The conversation sheds light on common misconceptions surrounding securities law, stressing the importance of education and understanding regulations related to passive investments. Bradley offers practical advice on starting investment funds, the advantages of teaming up with experienced SEC attorneys, and the evolving trends in alternative investments, particularly in light of recent market changes. He emphasizes the necessity for diversity in investment management and the need for entrepreneurs from all backgrounds to have access to the financial education that empowers them to raise capital and scale their business ventures effectively. Links to watch and subscribe: https://www.youtube.com/watch?v=P-w_w6WAUVw Bullet Point Highlights: Capital Raising Insights: Devin Robinson shares his journey in successfully raising millions for investment projects. Legal Compliance Importance: Seth Bradley emphasizes the significance of understanding SEC regulations to avoid legal troubles in fund management. Fund Management Strategies: Discussion on navigating funds, from 506(b) to 506© offerings, providing clarity on compliance requirements. Education Gaps: The necessity for education in the finance and investment space is underscored, highlighting the lack of resources for aspiring fund managers. Diversity in Investment: Recognition of the disparity in investment opportunities for minorities and the importance of fostering diversity in fund management. Trends in Capital Raising: A shift towards fund-of-funds structures and other innovative investment vehicles as alternatives to traditional capital raising models. Confidence Building: Advice encouraging newcomers in investment to be confident and educated, asserting their place in the industry. Transcript: raised tens of millions of dollars myself as well as um you know we purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets we don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate it started going down you started seeing some people get in trouble but all along the way on that rise up he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if   you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all good until it's not welcome to funds on fire the podcast that ignites The Passion of investment funds in capital raising here we turn the complexities of fund management into clear actionable steps that drive results I've invested into diverse real estate across the United States and managed thriving funds and I'm committed to transforming lives through the vehicle of investment funds and helping   others to do the same join me as we document the Journey of scaling businesses raising capital and impacting tens of thousands of people around the world my name is Devin Robinson and welcome to funds on fire on this episode of the podcast I actually interview Seth Bradley who is an SEC attorney and has become a really good friend of mine so him and I met a couple years back at raay Fest and which is we're part of a mastermind for Capital raising and fun launching and then both of us as we've become friends   as we did this podcast interview gosh a couple of months ago and then now I've launched the podcast and even since then this is pretty cool him and I have actually started a partnership on um on helping people to launch uh manage scale and raise capital for investment funds and it's something really cool so you'll hear more about that later but it's really cool that it started uh with this podcast we both are very like-minded people we both have very similar goals and desires especially when it comes to   Capital raising and the access to information with when it comes to that and for other people to be able to learn how to um honestly be able to launch and scale an investment fund and there are so many people that have the ability to do it have the um the skills and the knowledge to do it but don't have the opportunity to do it or honestly just think it's too hard to do and so I'm so excited because partnering with somebody like Seth is incredible he's a guy who has helped hundreds of people to launch   and manage their funds or would just really launch their funds he has raised hundreds of millions of dollars and invested into hundreds and hundreds of millions of dollars worth of real estate himself and so to be able to partner with him on something like this is really really awesome so I'm excited for that as we talked through his journey talk through all the things as we go through his progression from just being a real estate attorney to then an SEC attorney that goes and helps people to launch and manage funds his involvement   in that some of the things he's doing and honestly it's going to be a really good conversation for you all to hear how to stay compliant how to make sure that you guys are raising Capital appropriately how to make sure that you guys aren't going to get in trouble with the SEC because of how you guys are raising Capital so excited for this really pumped for this episode just thought I'd give you a little preface before we dive in you are going to want to listen to this cuz he is awesome and I'm excited so thank you so much enjoy   the episode all right what's up and welcome to this episode of funds on fire I I love this uh because today we have a friend of mine Seth Seth we go back I don't know like at this point I feel like it's like two years now or a year and a half what we met at Ray's Fest a while ago and I'll tell you I was super impressed by this dude because we met we met at a bar we were like at this event we had guess us that's right that's exactly right we were at this event for Ray Fest and like I'd gone downstairs he was   chilling I was chilling we started talking and I was like I like this dude because one he's not like the typical like white dude that's here he's all tatted up he's really cool and then I realized he's by far the smartest in the room and I was like yo Seth is the man so Seth I would love for people to tell or for you to tell people like who you are and what you do I've enjoyed keeping up with you over the years content you're putting out is incredible and so if you haven't give this man a follow   ESP if you want to stay compliant with funds and the legal aspect of it cuz he's doing some really awesome stuff and I love how just like fit you and your Wi-Fi that's pretty cool too so I respect that too so Seth like tell people who you are where you're from what do you do cuz I think it's going to be important for people to know you all right man Deon I appreciate that intro brother yeah it was it was great meeting you back in the day now we've kind of followed each other on social media and   kept in contact and loved it love it man love it but I'm I'm a Securities attorney so anytime you're raising capital from passive investors you can get me involved I've got I've got the pedigree I worked in big law for seven years before starting my own Boutique Law Firm I think what people like the most about working with me is that I actually come from the business side as well so I'm a syndicator and a fund manager myself so um you know I've raised tens of millions of dollars myself as well as um you know we   purchased just in 2022 Alone um I was a GP on over $120 Million worth of commercial assets so you know I come from not just the legal side but also the business side and I look at every single deal like you know whether I'm you know actually an equity holder or I am just the vendor as the Securities attorney I look at the deal like hey how are we going to get this thing done right a lot of attorneys kind of get in the way um I don't want to get in the way I I will tell you what the risks are what your liabilities are what you might   be opening yourself up to what the gray areas are but at the end of the day you're the business person and you're the entrepreneur so you make the decisions based on the information that I give you so I'm I'm there to help you you get the deal done that's cool man cuz like I know man there's a lot of misconceptions about funds and so one I can tell you I really appreciate I really appreciate you because I have had some not so great SEC attorneys that I was not a big fan of then I've had some good ones and so I'm thankful for it and   so when it comes to that uh we're going to we're going to talk about compliance because that's super important but we'll also talk about uh because I I I guess so I'm in another Mastermind I think I was going to bring this up a little bit later but I'll bring it up now and I want to talk about the importance of finding a good attorney because like I I'm in a different Mastermind and it's more of an operators based Mastermind like how to a lot of single family things and I I talk to people and I'm like and because I'm   going to set the groundwork for this podcast but I talk to people and they're like oh yeah I've got some friends they've let me borrow some of their money and I'm just using that money and I'm like oh hold on uh what do you mean and so I talked to like I mean I can't tell you the last po I was there two months ago three people told me this said three people and so they were like they were like yeah so I have an LLC and they wire the money into my LLC account it's like three or four friends they   wire this money into my LLC account and then I use it and I give them a return and I'm like you need to call an attorney right now because you are literally violating Securities Law like you you you are and they're like wait wait wait okay but but what if what if they they say we we sign up you know a promisory note they put it in here and I'm like security and then they're like okay but what if that the the the people hold it an escrow our attorney is holding an escrow I'm like security and so like just to even like set the   groundwork what is like what what is a security and and and what do you see most often when people come to you and they're looking for an attorney and they're like hey I'm doing this is this legal and you're like no that's not legal but what do you see like what is the security and what is the misconception or the mistake that you see a lot of people make when they come to you yeah I mean you just said it so the number one problem or the the biggest problem I see every single day is just the lack of knowledge like   people just don't know and there's there's maybe a fine line there between not knowing and not caring enough to know right exactly you're like I know I'm doing something here and I don't care to look into it a little bit further to figure it out but that's but that's really what it comes down to is just not having the knowledge because you think like you know I'm just going to you know me and this guy are going to partner he's going to give me all this money and they're not going to do anything and they're going to they're   going to expect a return on their investment and all that kind of stuff and it's all good but it's not you're getting yourself into into issues you know to define a security in a in layman's terms I like to just say look if you've got a passive investor involved in your deal and they're expecting a return on their money and on the actions that you're taking as the active participant then that's a security and that that's it like if if you have a passive investor meaning they're not you know making decisions   they're not managing they're not helping you out on the active side that's a passive investor and you're probably dealing with the security right and this is what I think separates like syndication from the fund right so like if you have a syndication and then you have somebody who is brings the capital typically they're making some of the decisions which makes them a little bit more active so then it's not in that sense of violating that Securities laws if it's just either like one person or even a couple a group that's actually   making decisions on that and I guess that's not the main differentiator between a syndication and and a fund but I think that's where people get confused is the passive part of things that's right that's right it's the passive part of it right like you have people that come in whether it's a syndication or a fund if if they have um some sort of managerial rights or meaningful voting rights because you'll see if you if you invest passively in a deal and you read through the PPM and the operating   agreement you'll see that you really don't have any rights to make any sort of decisions there might be some convoluted way that you might be able to get the manager out if a b c d and f happens but probably not so you'll see that you're really passive right and if you're passive then that's a security that you're dealing with you're investing into security cool that's cool and I appreciate us understanding that groundwork because I want people to listen to this I want people in my Mastermind to listen to this I want   people to just hear and understand that more often times like more than you think there are people clearly violating SEC like security law and so I just want to make sure that people are compliant and this is like you mentioned it earlier and I think that's really important is just the lack of Education side of things and you and I talk about that we talked about this before this of like really there's only like two main Educators in this space that are doing this and unless you know those two you   run the risk of not really being honestly educated enough to run a fund unless you have the self-education side of these and so I love like what you're doing and the content you're putting out especially from a Securities attorney aspect to be able to help that what what have you seen has been like the main sources of Education because even just like outside of what I do outside of what you do uh are there other sources of Education since you've been in this space longer than me that people can go to to gain more   information about what it looks like to raise a fund or uh or even start looking in that direction yeah dude it's tough out there right like you just you just said it and I I'll just name him I mean Hunter Thompson has some really good content that he puts out love Hunter super intelligent guy great stuff it's about raising Capital 4 real estate specifically which is great for the for your audience um and then Bridger Pennington of course um his is a little bit not necessarily real estate related   more in the private Equity space but also real estate sometimes and those are really the only two guys that are putting out content um typically before them you're really getting your education from your securities attorney that you engage with you know that can you know they're going to give you legal advice they're not going to give you kind of like you know they they'll review your marketing materials and things like that to tell you hey this is compliant this is not maybe this is what you should do this is what you shouldn't   do but there's not really anything comprehensive out there where you put the whole package together when you're really trying to start a capital raising business other than those two guys right now so you know there's a lot of room in that space for people to to step in and do it and and also you know Securities attorneys if you look I mean there's only a few of us putting out any kind of content cuz you know as an attorney most most of us are pretty conservative we don't want to put ourselves out there we   don't want to say anything that might get us into trouble you know I'm I'm an entrepreneur first so I'm out there to to educate and that's what I was going to ask so for you man just like a little bit about your journey because like it's not every day that you meet a a Securities attorney now granted we are at a fund event so then like of course you're going to run into a Securities attorney but like honestly you you I feel like and this is kind of cool I feel like me and you don't fit the molds   of our role like for like we're tatted like you know like you know I'm saying we're tatted we're a little bit more laid-back I got I think I posted this the other day I graduated college with a 2.3 GPA like I I just am not very qualified of what you would put the normal qual qualifications of a fund manager would be but for you like for you how did you get started and like what Drew you to Securities Law cuz it's a very specific Niche to be in for sure yeah and I really got started in real estate law so I was always drawn to real   estate I just knew it was a great investment I've just like intrinsically loved real estate I don't know what it was like even when I was in undergrad I was like man it would be so great to own these tow houses that I'm living in like things like that I've just always been attracted to it and investing in it so I started investing in it myself I started out doing real estate transactional law oh cool from that from that perspective and then I realized that you know raising Capital was a little bit more   sophisticated I I like that aspect better and I started gravitating towards that and got into Securities Law and and again at the same time as I was doing that I was also starting to Syndicate my own deal so um pretty interesting that I got kind of the legal side got the business side going at the same time so it gave me really good perspective that's cool so you talked about your journey a little bit I love like diving into that Journey because you you said that you you were in on some of your own   deals so you started as real estate attorney chop that like started doing that were you like a closing attorney yeah yeah okay so like a closing attorney uh and then started did you get to a point where you're like yo I see all this money that people are making I kind of want to do that is that how it like switched into you becoming an active investor into real estate uh yeah somewhat man I mean I took kind of the traditional route of real estate investing I read Rich Dad Poor Dad I started listening to Big Pockets the   purple Bible you know it man what it is um yeah did all that and house hacked into a duplex I mean that was my first property started fixing and flipping a few few property still own some single family those sorts of things um and then you're San Diego right I'm in San Diego yeah but I'm originally from West Virginia West Virginia West by God Virginia that's right all right I mean like I feel like if you I feel like if you're from there you would say something like that that does make sense that does make that's the say that's   what we say West by God Virginia no I don't know anything about V West Virginia but now but now I do so now do you own some of your properties in in very two very different markets West Virginia or San Diego is that like where you own them or are you in other markets they're all over the place so like we invested I lived in Charlotte for a little bit like you know so own a couple properties there own a property in West Virginia that duplex that I was telling you about cuz I moved there for a job really you know California is   tough like to make anything cash flow there's some Adu opportunities right now for that but really just own the house that I live in then I have a condo that I rent out up in Orange County and that's about it but the other ones are all kind of all over the place like we invested in Cleveland for a little bit as well oh yeah some multi family stuff in Cleveland that that was kind of in the single family phase but as far as like the multif family the retail a lot of that was like in the midwest um in   the in the um in the sun sun Bel area so all over the place and we did like industrial we did retail we did multif family um all all sorts of stuff man on the commercial side and it's good to know that background for you like not that background but like you had the ability to understand and how to structure some of those deals um and so I'd love to I'd love to talk about the structure of funds a little bit because this is sure I'm going to as the question that I think like everybody wants to ask an SEC attorney about the   difference between a 506b and a 506c and then what constitutes like having that pre-existing relationship right because like if you have a 506b or a 506c there's certain stipulations but those are the two most common right like 90% of funds are 506 BS or 506 C's and so and if I'm wrong just just let me know but I believe that's like the statistic and and with those what constitutes the differences and then the pre-existing relationship part is one that a lot of people have questions about for sure man   yeah you're spot on so far I mean 506b I like to Remember by buddy so it's typically going to be a buddy right like yeah you have to have so the rule isn't that you have to have a pre-existing substantive relationship the rule is you're not allowed to solicit or advertise that's the rule and the way that you show that is by having a pre-existing substantive relationship with those investors so that that's a little bit of a Nuance there the rule is really you can't or advertised you can't go on Facebook and talk about it you   can't take out Google ads and and put it out there you can't even talk about it really to strangers and invite them into your deals you have to have that pre-existing substantive relationship because otherwise think about it well how would they know about your deal if you didn't right like that's that's kind of the the mindset there so yeah be but the the advantage there of course is that you're allowed to bring in 35 non-accredited investors so that's why people go with the 506b route number one   you can bring in a limited number of non-accredited investors uh number two there's there's less requirements for you as the uh fund manager or the syndicator the capital raiser on proving if they're accredited or not because they just self-certify so those are really the two big reasons you would choose a 506b versus a 506c which you can remember that by community so it's a bigger pool of people all right it's 506c for Community those folks when you have that exemption then you can go out there to your community you can solicit   you can advertise you can put it on Facebook you can put it out there in your m mind you go speak on stage and say hey guys come invest in my deal you can do whatever you want really it gives you the freedom to operate and not feel like oh am I doing something wrong but obviously the big thing there is accredited investors only so if you choose that 6C exemption you're only allowed to bring in accredited investors and they're all you're also going to have to take reasonable steps to verify that and that's typically through uh a   third party vendor or through that Investor's attorney or uh CPA that's going to write them a letter that says that they're qualified yeah which typically and you and not typically but like this is why you see even older more established funds go with a B because it's easier to just bring them in so they don't have to do all that stuff yeah what you see is they'll do a 506b but they won't allow uh non accredited investors in so it'll be 506b but only allow accredited investors so that they don't have to they don't they can   self-certify yeah which is makes it just a whole lot easier of paperwork standpoint so then uh that's which is really really interesting so for for me and I'm actually I'm going to just dive in a little bit deeper because there's so much gray here and like you can it's fine if you don't bring any like Clarity to the situation but there's so much gray here because I hear people that are like all right now when you meet that person add it to your calendar that you met that person and then you could talk   to them three weeks later and then like then you could pitch your fun to them and then like then now you're showing the SEC that it's a a pre-existing relationship and then it's like well where the heck is the line if there isn't even a line and then it's like then then what do they what is the expect me to do you know like if somebody introduces me to somebody how the heck do I make sure that I'm compliant in that in that relationship that we have if I know that they even come into the relationship interested in   what I'm doing I want to take a quick second to talk to you guys about something that could completely change the game for you if you're serious about launching and scaling an investment fund if you've ever wanted to start a real estate fund private Equity Fund or syndication but didn't know where to start this is for you fund Founders is giving you free access to foundations 101 a step-by-step course designed to help you to structure your fund the right way so you stay SEC compliant raise Capital like a pro even if you   don't have a network yet scale your fund without constantly chasing investors and avoid costly legal mistakes that can shut you down this is the exact road map successful fund managers use to launch manage and raise capital for their funds without wasting time or money and the best part it's completely free go to funds onf fire.com back/ Founders or click the links in the notes to get instant access to the fund Foundation 101 course don't miss this if you're serious about raising capital and growing your fund this is where you   start again that's funds onf fire.com Founders or click the link in the notes now let's get back to the show yeah uh pre-existing uh actually just means pre-existing the offering so pre-existing your syndication pre-existing your fund so that makes it a little bit difficult when you've got let's say an evergreen fund right it's like well you got that offering open forever right so you can't even bring anybody in after you've opened it um that you don't already know but there is a there is a kind of a loophole I'll   call it it's not really a loophole it's it's actually a regulation but you can actually convert um a 506b to a 506c now you didn't used to be able to do that but I think that pass um maybe like two or three years ago where you can convert the 506b to the 506c now you can't go back after that but once you make that conversion you know get all your 506b investors in if you want to fill that 35 non accredited pool and then convert it to a see you can do that and then you can go out you can solc it you can   advertise you can talk about it you can bring in strangers yeah now that's really interesting too well and I do know that I think you just have to close subscription for like 24 hours right or something like that and then you can open back up you really just have yeah there's not really a Time requirement you'll hear something you you'll hear where there's like a cooling off period and they'll say 30 days 60 days but it really just comes down to closing that first offering because it's separate   that 506 B exemption offering and then opening that new C offering and just to be safe because again we're dealing with Securities it's always gray maybe give it that 30 days to cool off and then open up that 506c and then you're good to go and you have to refile like a form D and everything like that you do okay you do okay cool I wonder if you're your blue skies you can use the same documents but You' need a new form D yeah okay cool all right very interesting so that's cool to know too so I use a platform and I think we've   talked about it briefly called aester and I'm a big fan because it's a customizable fund they actually don't I think because of the nature of the customizable fund they actually said that I can't close down my be and open back up as a c just by nature of that type of fund and I thought that was really interesting and I know you and I have talked about potentially chopping up like what the heck is the I I think I sent you the stuff for it I can't remember but uh yeah I think so yeah talking about that customizable fund   because it sounds like um you know there's different fund models there's um there are the reg d506 B and C's there's reg CF reg A's and then you also run into like syndications and then you have fun of funds right and so it sounds like and for you you've kind of done all of them I think oh yeah but right now you're really focused on one major one right is that what you like so the fund that you currently operate and you're running uh I'd love to hear a little bit more about that yeah for sure so just to   comment on the the aester fund you know it's it's a kind of a new product right the customizable fund it's pretty new it hasn't really been tested on the legal side quite yet it's pretty complicated right like complicated from well what it spits out is simple right they say Hey you create this Evergreen fund and then you get you know each investor only gets 1 K1 even though they might be invested across a bunch of deals things like that which is great um but you lose that flexibility so I don't know the the   intricacies of it but you know you can imagine you've got this this customizable fund that's invested in let's say 10 different other deals or whatever and some of them it's acting as a fun of fund some of them it's acting as u a lead sponsor or all these different things so trying to convert that to a 506b from a or 506b to a 506c I can see where you can run into some complications there it might not be possible yeah and I think so because the structure sorry the structure of it they tell me what makes it customizable is   the fact that like our investors can log in and I don't actually like I have an overarching PPM they log in and they choose the their investment that they want to I'm not telling them the investment that they have to like invest into they read the deal disclosures and decide decide that that's what they want where they want to allocate their money to which allows for for the customizability of this type of model so I think like that's where converting it to a c would be yeah what you're saying for sure y that's that's kind of the   defining I guess piece of that customizable fund is that investor actually gets to pick and choose within your fund that you created where they invest um and that actually I can see where that why they do that I mean it's a it's a great concept but also that keeps you from actually making any decisions as the fund manager so that keeps you out of some certain regulations I'm like hey this is what we offer yep you can look at the deal disclosures and decide on where you want but like they could and this is like one   of the things that they like is I can say oh you could you could essentially diversify your portfolio within one fund because you could choose this one this one this one this one but you choose how much you want to go into there so that's that is a very interesting model and so that's really cool um or like yeah the investor chooses it yep the investor chooses it and yeah and and I'll you know that contrast to what you're alluding to which is an SPV fund of fund so that's what we do over at tribe vest   in full disclosure I'm Chief legal officer and a and a shareholder of tribe vest um so I'm a little bit biased and aester is you know we don't like to call him a competitor honestly they do fund of funds and we do fund of funds is like the overarching product but it's completely different you know one situation which why I brought it up it's the only reason why I brought it up because I'm excited to dive into tribe vest and what you guys offer um because this is not a pitch for tribe vest and like I didn't even know about I did know   I've heard of trivest but didn't even know you were a part of it before this podcast but I love hearing what you're a part of and that's why I want to dive into that a little bit because I think it's cool yeah and I like it it it might be a good to kind of lay it out right you've got these customizable fun of funds out there avor is really the only one offering them there's a couple other uh groups out there that are going to be offering them soon you can actually go to a Securities attorney and they can   put it together for you as well um and yeah and then you've got the SPV fun of fund again you can go through triest or you can SPV just for clarity special right special purpose vehicle or single purpose vehicle kind of either either one really applies then you've got your typical discretionary fund which you would go directly to a Securities attorney and that's where you're actually making some decisions you're saying okay I'm going to raise 10 million bucks and I'm going to invest in Deal one two three four five six seven   eight um and you're kind of making those decisions and there's a lot of rules and regulations that you've got to abide by to be able to do that without a license but anyways back to the SPV the single-purpose vehicle instead of a customizable fund where you know the investor is making the decision and you as the fund manager in you know you make all these different things Avail all these different Investments available the SPV is designed as a single purpose vehicle to invest in one single deal so   if there's a Target deal let's say a 200 unit multif family property in San Antonio um we're going to spin up an SPV for you to invest as a passive investor into that Target deal and that's it it's super simple it's super contained it's not complicated it it just keeps everything compartmentalized both from an asset protection standpoint and from visibility right you're going to know as the fund manager and as the investor exactly what you're investing in what you're how you're going to get paid what   your projective returns are and it doesn't really get mudded by other Investments and this is what I CU I've talked to other SEC attorneys and they've talked about it's funny they've talked about how rare what I've done so I've like maxed out my 506b on a my first fund being a blind fund and they were like that's super rare because you're saying hey just trust me but what you guys are saying what you're doing is saying hey this is the specific and that makes it a lot easier to raise Capital because like you said ton more   transparency they know what they're investing into and so for people starting out that's probably the route that they want to start with is something where they can bring transparency and then the investors that they're coming in know exactly what they're investing into that's right de yeah what you did Devon was incredible like it's really difficult to do most people don't start there they can't start there they don't have the ability to um to be able to build that up that level of trust and track record prior to   you launching the fund that's why you're able to do it but most people can't do it most people have to get their first few in the door by showing the investors hey this is the exact deal that you're going to invest in and you're getting you're going to be a part of and they can do their own due diligence and underwriting and those sorts of things and they're say oh yes I believe in that property or that deal and I also believe in you as the the fund manager or the syndicator and it's easier to raise   Capital that way as opposed to a blind pool fund where it's like hey just give me your money and we're going to invest in something that looks like this and yeah exactly exactly so I actually I want to dive into more into tribe vests cuz like so where does the benefit come in because like somebody can just go and get with an SEC attorney and create their own SPV and and kind of go that route but where's the benefit of somebody coming in and working with tribe vest like why I mean honestly like I please I like tell me like why have   you invested into it why do you believe in it so much and then yeah tell me a little bit more about it man yeah because it it just makes everything super simple and super contained and we handle everything so if you go to an SEC attorney like myself I'm going to come in and I'm going to I'm going to draft your offering documents I'm going to file your exemptions do your blue sky filings and that's it and I I'm going to wipe my hands of it and I'll say you know good luck you know more than that I'll help you out of yeah exactly I'm   going to charge you a lot of money I'm going to charge you at least 25k right Tri vest includes everything that you could possibly imagine so all these different parts that you would have to put together as a capital aggregator TR vest handles so that includes not just the offering documents the legal stuff the filing of the exemptions and the blue sky filings but we're going to file for your entity we're going to get your EIN we're going to be your registered agent we are going to uh onboard your   investors so we're going to act like an like an investor relations person on your team so all you do is send us your list of investors and we start reaching out we send them the docs we walk them through how to sign and get them through the signing ceremony we hound them or we call it hurting the cats to get them to actually fund the deal cuz sometimes people get cold feet so bug the hell out of them yep bug the hell out of them until they make that wire we do all that we do the uh the accounting in your k1s   we configure your cap table very cool we do your distributions we open your business banking account we do uh everything on the back end uh we've got the investor dashboard or investor portal that you can use which alone is you know you're going to pay $500 a month at minimum for that by itself so it it's incredible and we do it at an incredible price and I mean we're not we're very transparent about that it's $5,000 upfront and then $2,000 a year annually and that comes with docs and everything that comes with docks and   everything there's just you can't be beat I mean it literally can't be beat and the other thing is the speed so as soon as you sign the greenl docks which is basically just like hey you agree to the services that we're going to provide we will have you raising capital in five business days no way man that's really cool that's fantastic if you come to to me if you come to me as a security attorney I've got that hat on you know we're not doing in 5 days I'll tell you that now how much education do you help   with because I tell people all the time like here's the questions you should have beforehand because your SEC like your attorney will be the most expensive education you have ever paid for if you don't have that information beforehand so like what what type of because they'll charge you like if you don't know if you want a 506b or 506 C you don't know if you if you want your waterfall this way if you want this and you're just asking questions they're going to charge you by the hour to ask those questions and so for you like how   much help do you guys help for people who are like I've never started a fund I'm really looking forward to starting this but I don't know where to go what does that look like for you guys yeah I mean for tribe vest we're putting together some modules actually right now we're going to roll them out literally before the end of the year which will be fantastic because we're going to share that with with the world you're going to be able to self-educate on what is a fun to fund how does that look like in the   fundraising ecosystem like you know what is a preferred return what is the profits what kind of fees can you charge all kind of the nuts and bolts that you need to know we're going to have that out there so soon enough that'll be available to the public and that'll be a huge value ad and huge help for us as well because we don't have to educate one-on-one anymore as a Securities attorney I I will advise on people I mean I'm I'm happy I'm I'm more of a mentor and a coach when it comes to that sort of stuff and I'll I'll be like look   attorney hat off right now I'm going to tell you this and here's kind of your gray area and that sort of thing so you know I I I think I get into those sorts of things a little bit more than most attorneys will um but if you go to like a a large Law Firm or even a regional Law Firm they're they're going to charge you per hour and that's going to be anywhere between you know $400 to $1,500 an hour yeah there's no doubt there's there's no doubt so and this is really interesting because one of the questions   that I had just going into this um and not even knowing about uh the not even knowing about tribe vest and and all of that is what have you seen as far as like trends that you're seeing in the industry right now because Trends seem to be changing one just even I I'm a disruptor you're it seems like you're a disruptor of Industries and we're trying to disrupt this huge investment fund industry um but it seems like there's being like there's different type of offerings there different structures there's different   things that people are doing what are some of the trends that you're seeing that people are kind of pressing against or starting in as far as funds as a whole you seeing that being the case of being become more common yeah I mean so like biggest picture right is trying to get these types of alternative Investments to the masses because most wealthy people even rich people whatever you want to call them that have some Expendable income that want to invest the only thing they know are 401ks stock market mutual funds   and those sorts of things and they we just need to get that out there and I think you're seeing a trend towards that I think bringing in more people that want to raise capital and start a capital raising business is how you do it right because they've already got their built-in networks and then those networks know other people and and it kind of spiderwebs out from there so that's that's kind of the biggest picture trend is just trying to see well we're seeing you know alternative investments just become more available   to the masses second you're seeing the industry go away from the CP model which I like to say the cgp model is dead and you're seeing people turn to the fun of funds route yeah because the cgp model has just been abused if you do it the right way if you're actually an active partner and you're actually participating in the meetings and and decid on Asset Management typee decisions then all good that's how it's supposed to be but when you're just raising capital and not doing anything else that's when the CP model gets   abused and it's not just oh well you shouldn't do that it's illegal it's plain and simple illegal so that was like the conversation I'm telling you when um I was having the conversation with that guy at my at my Mastermind and he was like we're doing this and I go like stop and he's like haa and I go no no it's illegal and he's like oh haha and I'm like no no like prison illegal and they I feel like just people don't understand the severity because they feel like what's wrong with it it's not that bad and it's like no no it's   illegal yeah and you know that this is just what happens right like you just kind of everybody just pushes boundaries pushes boundaries and you know fortunately or unfortunately however you want to look at it the industry's been fantastic for a long time right the real estate industry's went up since the the crash in 2009 2008 all the way until really covid and that was just a blip and then it took off again and then B basically up until last year 2023 is when you started seeing it kind of take   a nose dive a little bit because of interest rates and not because of the actual state of the market but the interest rates but either way it started going down you started seeing some people get in trouble but all along the way on that rise up all the investors have been happy he's suing anybody because they've been getting their returns and they've been everybody's been crushing it and even if you're a terrible operator you've still been crushing it because the market saved you and nobody's getting sued so it's all   good until it's not and then you've seen in yeah and then you see in 2023 you see you know potential foreclosures and workouts and you know Capital calls things like that investors aren't happy and we're in America and people are like yo how can I get my money back well you try to sue somebody and that's when you start seeing some of these things where the cgp model was abused or people weren't raising Capital the right way or they didn't f exemptions all those sorts of legal things that nobody really   worried about because everything was great start coming up and you're you're seeing that now so you're seeing that shift away from the CP model to the fund of funds model because the fund of funds model is compliant obviously if you do it the right way but it's more compliant and it's always been the answer but at the end of the day it's expensive it's more complicated you've got more attorneys you've got a whole separate offering all these different things that you have to take into account and people   were like I'm not doing that but now we're kind of forced into having to do that and that's where you know tribe vest and aester and some other folks are coming in and having coming up with solutions for that yeah that's really cool um because one one more thing I'm really curious on that you've seen because I feel like there is a fairly irreg irregulate asset you know coming into a very regulated um like structure right so one the things I'm talking about is like the rise of crypto in these crypto funds and these blockchains   based funds have you seen that start to affect like the legal landscape of funds and the formation that people have of that and the way that people are thinking through that and even how the SEC is starting to figure that out and uh and stuff like that have you seen like an emergence of more of those blockchainbased funds I have yeah and not just like strictly you know blockchain and and crypto but also just spin-offs of that right like you saw tokenized real estate was a big thing for a little while it's kind of turned   down a little bit but that was huge that was like I was crazy that you could be like I'm tokenizing my my bathroom and when I sell it you get like that much of the footage and the appreciation it's like what that's crazy yeah so it's kind of cooled out a little bit you know I don't I honestly don't follow that that closely just because I know that it just changes so fast and especially now that we've got the new Administration in here you're probably going to see a lot more loosening of that which would be good   for us but yeah I mean you know you're going to see that right like CU we are just on the the precipice of just crazy technological advancements from tokenized Real Estate to you know crypto to AI like all this stuff is going to like this landscape 5 years from now is is going to be unrecognizable yeah that's it's it really will just because of the way that contract law is going to go from the from the from um from I guess blockchain based like because like you'll see that where the blockchain will take a lot of   those uh a lot of that aspect and change it and flip it on its head so it's going to be super interesting to see how that goes man I want to respect honor your time I appreciate you being on I guess one thing I guess one more question that I have before we kind of go into the exit if there's somebody that's thinking about starting a fund because what you were saying earlier really there's only two main people if I'm fully transparent I want to be able to be uh the voice of funds for minorities and women in this   country because like all those other they all the white dudes they could have all the other white dudes that's fine with me but there's a lot there's a there's a huge disparity I heard uh don peees once say and this has changed my my my thought my process like my mindset ever since he says in the history of America there has been $94 trillion to come in through private equity and real estate in the history of American and history of America 8.3% of that had no sorry 1.7% of that have gone to minorities and women that means 98.3% of   that has gone to white men and so there's this massive disparity between access to education like you're saying access to Capital Access to I think there there's this quote that says the world equally distributes talent but doesn't equally distribute opportunity and so there's this huge disparity of opportunity of people that look like me and look like you and look like women around this country that I would love to make sure we're the voice for and so for people who don't have a lot of that education one what's a big piece of   advice that you would give them and when they're starting to think about starting a fund because I think like if I'm full of transparency most of the people I talked to and I told you I saved from prison there were black dudes they're just trying to do the right thing but don't have the education to do the right thing and so for for that like what what's a big piece of advice you would give people that are thinking like I think I want to start a fund um what should I look out for how expensive does   it matter because we've talked about a better solution for how expensive it can be but what's the thing that they should be looking out for yeah I mean you know right off the bat like be confident and don't be intimidated because I think some people yep in those groups that you described might feel a little discouraged because of that because you walk into a room that is maybe all fund managers or all capital risers or you know those types of people and you're like who I don't look like everybody   else so maybe I don't belong here or maybe your confidence goes from here to to hear and you're like and then and then you come off that way right like you've got to you got to step into that room with confidence and a lot of a lot of that comes down to self-education right like it comes from education and it's out there now I mean we mentioned that there's only a few really good sources but you can still piece it together I mean you can find anything on YouTube University just to at least get the you know being able to talk to talk   and walk the walk and and feel confident doing that so just get educated to start get that Baseline and then get out there and just be be confident like I said don't be intimidated don't feel like you don't belong because we got to get folks out there that are that are doing it from from those groups yep that's right man well I appreciate it Seth where can people find you where can people hire you where can people join what you're doing um because I think that they should I'm a big believer in you and   what you're doing and I'm excited for for all those things appreciate it man I usually update all my Links at Seth Paul bradley.com so you can find everything there I'm all over social media so all my handles are Seth Bradley Esq cool man I appreciate you thankful for your time thankful for your friendship I really look forward to uh to Growing growing together man it's fun to see other people that like we're about the same age I don't know you look like you're in your 20s but you're you're not I know   that but like uh but like like for us to just rise together on this man and so I'm thankful for this journey that we're on together and I appreciate you being here today love it brother appreciate you yes sir talk to you later man wow I hope you enjoyed that I have a quick favor if you've been enjoying the show there's one simple way you can support us and it's by hitting that follow button or that subscribe button on the app app you're listening to I want to level this podcast up in every single   way possible bringing you more value incredible content and guests and new strategies Following the show and leaving a quick review goes a really long way in helping us to grow and continue to deliver top tier content it's the only free thing I'll ever ask you to do and it makes a bigger impact than I can possibly put into words so thank you for being a part of this journey and I'll definitely catch you on the next episode to great success and greater impact peace Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=P-w_w6WAUVw https://www.instagram.com/p/DHbcSjGT7Jn/ https://tinyurl.com/FFfoundations-YT https://pfcapital.us/ Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Devin Robinson's Links: https://www.instagram.com/devin.robinson1/ https://www.linkedin.com/in/devin-robinson-997ba040/ https://www.facebook.com/drob737/ https://x.com/devinrobinson37 https://www.threads.com/@devin.robinson1 https://www.tiktok.com/@devin.robinson1  

Send us a textEp 284 Bas Boon Golden Glory & Yakuza Legendary manager Bas Boon takes us through the incredibly dangerous behind the scenes from one of the world's most dominant gyms as well as transitioning to having to deal with the Pride FC and the Japanese Yakuza. The Golden Glory gym had gangland type hits, internal fighting and a global reputation for NOT being an organization to oppose. Bas Boon leaves no stone unturned in this incredibly personal look into his business dealings. Ep 284 Bas Boon Golden Glory & Yakuza 0:00 plugs/ promotions 0:42 Lytes out intro 1:14 guest introduction1:21 interview start 1:30 dealing with different Mafia's13:21 relationships with Ari Pols14:02 thoughts on Ron Nyqvist17:47 Ron Nyqvist issues with Rob & Erik Driesson33:15 Ron Nyqvist dealing ecstasy34:25 Ron Nyqvist turning into a rat 42:06 Ron Nyqvist liquidating himself 47:27 personality of Ron Nyqvist 48:15 koos Hertogs49:02 Karate Bob49:39 relationship with Frederico Lapenda50:21 IFC Ukraine event 54:10 dealings with Andy Anderson 55:25 issues with Too hot to handle1:00:08 Escort service owner story 1:03:41 friendship with Thom Harinck1:07:28 using a different name to pay for room service 1:09:10 Branko Cikatic money collector 1:09:54 Mark Kerr vs Branko Cikatic 1:11:08 singing to the wrong Yakuza 1:14:22 Branko Cikatic trouble with Pride rules 1:15:16 1:16:21 dealings with Vadim Finkelstein1:17:31 Japanese promotion war 1:21:58 alleged fake fights in Japan 1:23:42 attendance numbers at fighting events 1:26:41 relationship with Appy Etcheld1:28:02 thoughts on Martjin Dejong1:29:36 UFC releases due to “unusual business practices”1:35:11 Dennis Stojnic UFC signing 1:39:43 Dennis Stojnic incident in Serbia 1:42:40 Alister Overeem departing from Golden Glory1:44:41 Fedor Emelianenko training with Ernesto Hoost 1:45:39 Fedor Emelianenko not aware of K1 offer 1:50:13 Pride FC Yakuza issues 1:52:12 Sakakibara avoiding criminal charges 1:55:14 interview wrap up 2:03:06 outro/ closing thoughtsSubscribe to the Lytes Out Podcast:https://www.youtube.com/@MMAHistoryPodcastDiscord:https://discord.gg/s3mV6wyNgvSocials: Facebook -https://www.facebook.com/groups/1027449255187255/?mibextid=oMANbwInstagram - https://www.instagram.com/lytesoutpodcast/iTunes - https://podcasts.apple.com/us/podcast/lytes-out-podcast/id1568575809 Spotify - https://open.spotify.com/show/3q8KsfqrSQSjkdPLkdtNWb Mike - The MMA Detective - @mikedavis632 Cash App - $mikedavis1231Venmo - Mike-Davis-63ZELLE: Cutthroatmma@gmail.com / ph#: 773-491-5052 Follow the #LOP team on Instagram: Chris Lytle - Founder/Owner - @chrislightsoutlytle Mike Davis - MMA Detective - @mikedavis632 Joey Venti - Assistant - @aj_ventitreTyson Green - Producer - @ty.green.weldingAndrew Mendoza - Timestamps - @ambidexstressAndy Campbell - Social Media Manager - @martial_mindset_Josh Campbell - ContributerJohn Perretti - Historical ContributerOutro song: Power - https://tunetank.com/t/2gji/1458-power#MMA #UFC #NHB #LytesOutPodcast #LytesOut #MixedMartialArts #ChrisLytle #MMADetective #MikeDavis #MMAHistory #OldSchoolMMA #FiftyFightClub #MMAPodcast #FightPodcastSupport the show

Kickboxing used to be one of the most popular martial arts disciplines, but over the years, it has played second fiddle to the likes of muay thai and boxing, while mixed martial arts is now very much mainstream and grabbing all the spotlight. Enter Morné Lotter. The man has been tasked with reviving kickboxing in South Africa and the WKU K1 president knows he has a job on his hands to take the sport back to the heights it held in years gone by. He speaks about his plan to make a change, to empower women in the sport and why UFC champion, Dricus du Plessis, a former K1 world champion, has been responsible for more people taking up kickboxing again and competing on the global stage.

Send us a textEp 281 Bas Boon Dutch Mafia & MMA Bas Boon is one of MMA's  most prolific managers, his involvement in K1 & Pride FC is largely undocumented This interview took almost 3 years to finally track down and it guarantee's a multi part series with a man that has made deals with mafia organizations over 3 different continents Ep 281 Bas Boon Dutch Mafia & MMA 0:00 plugs/ promotions 0:42 MMA history podcast intro 1:14 guest introduction1:54 interview start 2:55 issues publishing book10:47 Semmy Schilt pushback in K115:15 Bob Sapp easy to market as a fighter 16:53 Bob Sapp contract issues 20:08 numerology behind Golden Glory 22:04 Semmy Schilt vs Ernesto Hoost 23:52 illegal Shin tape controversy 28:29 dealings with promoter Simon Rutz 32:19 Apy Etcheld hiring a hitman 37:12 exposing Apy Etcheld on MMA forums 42:48 Patrick Freitas defending Apy Etcheld 43:18 drug and alcohol related crimes 46:30 issues with Phil Baroni at UFC 37 49:15 Karimula Barkalaev50:48 dealings with Amar Suloev55:02 twin brothers having different perspective 59:12 Yakuza involvement with Pride Fc1:06:26 thoughts on Gerard Gordeau1:08:33 Dutch fighters having respect in Japan 1:10:13 relationship with Jon Bluming 1:11:19 student Chris Dolman 1:13:40 Dirty Bob Schrijber dealing with problems 1:16:16 Bob Schrijber vs Gilbert Yvel 1:17:09 relationship with Andre Brilleman 1:17:44 Negotiations with Fedor Emelianenko 1:26:10 Little information on Bas Boon online 1:27:20 putting K1 into bankruptcy 1:29:54 Alistair Overeem negotiations 1:38:20 interview wrap up 1:40:04 outro/closing thoughtsSubscribe to the Lytes Out Podcast:https://www.youtube.com/@MMAHistoryPodcastDiscord:https://discord.gg/s3mV6wyNgvSocials: Facebook -https://www.facebook.com/groups/1027449255187255/?mibextid=oMANbwInstagram - https://www.instagram.com/lytesoutpodcast/iTunes - https://podcasts.apple.com/us/podcast/lytes-out-podcast/id1568575809 Spotify - https://open.spotify.com/show/3q8KsfqrSQSjkdPLkdtNWb Mike - The MMA Detective - @mikedavis632 Cash App - $mikedavis1231Venmo - Mike-Davis-63ZELLE: Cutthroatmma@gmail.com / ph#: 773-491-5052 Follow the #LOP team on Instagram: Chris Lytle - Founder/Owner - @chrislightsoutlytle Mike Davis - MMA Detective - @mikedavis632 Joey Venti - Assistant - @aj_ventitreTyson Green - Producer - @ty.green.weldingAndrew Mendoza - Timestamps - @ambidexstressAndy Campbell - Social Media Manager - @martial_mindset_Josh Campbell - ContributerJohn Perretti - Historical ContributerOutro song: Power - https://tunetank.com/t/2gji/1458-power#MMA #UFC #NHB #LytesOutPodcast #LytesOut #MixedMartialArts #ChrisLytle #MMADetective #MikeDavis #MMAHistory #OldSchoolMMA #FiftyFightClub #MMAPodcast #FightPodcastSupport the show

Wolfgang Amadeus Mozart (1756 - 1791) - Sonata n. 27 in sol maggiore per violino e pianoforte, K1 379 1.       Adagio – Allegro 2.       Tema (Andantino cantabile) – Var. I-V – Tema (Allegretto) [11:38]David Fyodorovich Oistrakh, ViolinoPaul Badura-Skoda, Pianoforte

Arizona Cardinals coach Jonathan Gannon understands it's a pivotal season in the desert. J.G. gets candid talking Kyler Murray and expectations entering his third season at the helm of the Cards. How he expects K1 to perform in a make-or-break campaign and how the Redbirds' top rookies are acclimating during OTAs. Don't miss Jonathan Gannon rejoin Johnny Venerable & Bo Brack on the PHNX Cardinals Podcast! #kylermurray #azcardinals #arizonacardinals #jonathangannon #nfl SUBSCRIBE: https://www.youtube.com/channel/UCKaPEqS_Mc6eGNNBQN1QgQw Website: http://gophnx.com/ PHNX Locker: PHNXLocker.com Social Twitter: @PHNX_Sports Instagram: @PHNX_Sports

(00:00-22:58) Growth spurt szn. Top 10 pays well. Checking out the scene. Mike Tyson at the Stratford. Jim Dandy down at Busch last night. Great starting pitching continues. Arenado with some pretty straight forward comments about his spot in the lineup. Hey Matt Holliday, produce this show. Audio of Oli Marmol talking about Sonny Gray's outing. Reporters telling players that they're on their fantasy team. Summer is the time for sports media beef. Who's gonna stop Big Tank?(23:07-42:37) Pontoons. Jackson's not a nautical guy. Doug nearly sank a pontoon at LOTO. Beaks are still bone dry on this youngry thing. The evolution of Youngry. Lil By The Numbers. Omakase. Hot hungry dads. Lix is more of a K1. Marlborough.(42:47-58:10) Audio of Bob Costas and Will Lietch talking about the Cardinals. Revisionists history. No offense to Michael Helman. Uniform Corner: Detroit Tigers road kit. The Olde English D. Jackson's second apology. Larry's sassy texts. The Wishbone C.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This interview first aired on Monday the 19th of May, 2025 on ONE FM 98.5 Shepparton. One FM breakfast announcer Plemo interviews AIS Volunteer of the Year Julie Keilor about all the activities she does including the all abilities paddling on the Victoria Park Lake along with former K1 professional Rene Mol. To learn more head to the Shepparton Canoe Club Facebook page https://www.facebook.com/groups/161899227242130/ Contact the station on admin@fm985.com.au or (+613) 58313131. Listen to One FM Breakfast weekdays on 98.5 One FM 6am-9am. The ONE FM 98.5 Community Radio podcast page operates under the license of Goulburn Valley Community Radio Inc. (ONE FM) Number 1385226/1. PRA AMCOS (Australasian Performing Right Association Limited and Australasian Mechanical Copyright Owners Society) that covers Simulcasting and Online content including podcasts with musical content, that we pay every year. This licence number is 1385226/1

In this special episode, our own fellow seeker Krishna Srinivasan (or K2, as we call him fondly with K1 being Lord Krishna himself) explains the meaning and significance of the Gayatri Mantra done during the Brahmopadesam in Upanayanam function and repeated by almost all of us every day.

S hostem Mariánem Šustrem jsme probrali proběhlé turnaje UFC, PML, PFL a Karate Combat a samozřejmě také novinky…Sledujte nás na YT, poslouchejte na Spotify a Apple podcast. Užijte si to! 0:00 Úvod0:58 YT Komenty07:12 PFL19:34 Karate Combat29:25 Box37:12 PML 151:18:20 Reklamní okénk1:21:33 UFC FN: Sandhagen vs Figueiredo1:43:42 Novinky + "Kauza Marian PODPOŘ PODCASThttps://herohero.co/fairplaythinkerhttp://www.fptshop.cz/ https://merchmarket.cz/eshopy/mma-shorties/ FANTASY LIGAhttps://mmashortiesfantasy.cz/ JAN HOMOLKA https://www.instagram.com/homolak PAVEL BARTOŠhttps://www.instagram.com/mma_shorties RADIM KRAJLhttps://www.instagram.com/rkacko1/ JAN NOVÁKhttps://www.instagram.com/honza_novak_ PARTNEŘIhttps://www.egocombat.cz/http://www.legendapraha.cz/https://bit.ly/3FkF12A Link na Tipsort registraci s bonusem https://goldnutrition.cz/ Promocode: homolak10https://www.monsterenergy.com/cz/cs/homehttps://www.mmashorties.cz

Come join us at the Jensen Dental (https://jensendental.com/) booth during the FDLA Southern States Symposium & Expo (https://www.fdla.net/attendee-information) - June 13-14 at Signia by Hilton Orlando Bonnet Creek in Orlando, FL Register today at: FDLA.NET This week we wrap up the episodes that we got while in the Ivoclar Ballroom at LMT Lab Day Chicago 2025. First up is Federico Manes from MODJAW (https://modjaw.com/en/). Federico talks about discovering the world of dental, using his digital background to help a lab get digital, and how they have worked out a system to bring accurate jaw motions to all design software. Then we meet Mellissa Everett. Mellissa loves being a dental technician. She loves it so much, she is usually working at two labs at the same time. She talks about finding out about dental, her desire to become a ceramist, and how her crazy work schedule has actually helped her become a better technician. We then wrap up the episode with a different conversation. Two past podcast guests come on to give us a follow up. Sandra Puurits is from Finland. Jay Work is from Pennsylvania. Last year they meet at Lab Day 2024 for the first time. Now they are engaged and enjoying being them..... together. Sandra's episode: https://www.voicesfromthebench.com/214 Jay's episode: https://www.voicesfromthebench.com/271 Don't miss this incredible webinar with Tanya Little, a dentist from beautiful Vancouver, Canada. We would like to invite you to a special webinar that she's hosting with Ivoclar (https://www.ivoclar.com/en_us) and LMT (https://lmtmag.com/) on Wednesday, May 7th, titled "Reflections from a Denturist: 20 Years of Crafting Dentures!". In this program, she will review the incredible history of removables with Ivoclar and focus on the new and exciting evolution based print resin and of course, the PM7. Her goal is to provide you with several key takeaways that will allow you to work smarter and not harder. You can join on May 7th by registering at https://lmtmag.com/webinars/reflections-from-a-denturist-20-years-of-crafting-dentures Are you a dental lab in need of more talent to improve your bottom line and keep production on schedule? Are you a dental tech with great skills but feel you're being limited at your current lab? Well, the answer is here and this is precisely why WIN WIN GO (https://www.winwingo.com/) was created. The dental lab and dental tech community needed a place where labs and technicians can meet, talk about their needs and connect in ways that foster a win win outcome. As a tech. If you're ready to make a change, thinking about moving in the next year or just curious what's out there, sign up today. It's totally free. As a lab, you might be feeling the frustration of paying the big employment site so much and getting so few tech candidates. We understand they don't much care about our industry. WINWINGO.com is simply the best place for lab techs and lab owners to actively engage in creating their ideal future. WINWINGO.com, how dental techs find paradise. Special Guests: Federico Manes, Jay R. Work III, Mellissa Everett, and Sandra Puurits.

John Mathews and Neil Malik from K1 Investment Management had a conversation on various topics, including the inception of K1, key lessons learned early in Neil Malik's career, and the biggest trends shaping the enterprise software space in the next 5-10 years. Additionally, they touched on the current environment for exits, volatility and risk strategies, and the impact of AI on their firm and the enterprise software space.

The splash zone? No, probably just balderdash, but Paul Calvisi, Darren Urban and Dani Sureck have much to discuss as the draft draws near. With Patrick Peterson in town, it gets one to thinking – is a cornerback the first-round choice? Another defensive lineman? A wrecker on the interior offensive line? All possible. Meanwhile, Peterson's return to Arizona generates so many memories, brings in so many names to visit, and underscores the benefit of making up with family. There is a special edition of Wise Guy – including a buzzer-beater(?), as well as Cam Skattebo talk. Calais Campbell domination, the mixologists in front offices, going without a phone, Winning Behavior, and the mock tendencies of both Darren and K1.See omnystudio.com/listener for privacy information.

The splash zone? No, probably just balderdash, but Paul Calvisi, Darren Urban and Dani Sureck have much to discuss as the draft draws near. With Patrick Peterson in town, it gets one to thinking – is a cornerback the first-round choice? Another defensive lineman? A wrecker on the interior offensive line? All possible. Meanwhile, Peterson's return to Arizona generates so many memories, brings in so many names to visit, and underscores the benefit of making up with family. There is a special edition of Wise Guy – including a buzzer-beater(?), as well as Cam Skattebo talk. Calais Campbell domination, the mixologists in front offices, going without a phone, Winning Behavior, and the mock tendencies of both Darren and K1.See omnystudio.com/listener for privacy information.

Send us a textTake our free Tax Planning Checklist & learn about what tax savings may be available for you in our minicourse at https://taxplanningchecklist.com Ready to slash your tax bill? Schedule your free consultation and let's strategize your tax savings together! Book now at: https://www.prosperlcpa.com/apply Or, if you still need more time, here are some other ways to begin winning the tax game... At the very least, get on our newsletter to gain access to free live events and exclusive insight you won't find anywhere else: https://www.prosperlcpa.com/newsletter-subscriptionAre you unknowingly falling into these 5 hidden state tax traps that could be costing you thousands? In this video, we break down the most overlooked state tax issues that business owners, real estate investors, and high-income earners often miss—and how you can maximize your tax savings and avoid compliance risks.Here's what you'll learn:- Why the location of your LLC doesn't impact state tax obligations (and what actually matters).- How losses from out-of-state properties might not offset your income where you live.- The key differences between federal and state K1 income that could lead to costly errors.- How to leverage state tax credits and pass-through entity tax elections for bigger deductions.- The importance of timing your major financial moves to avoid high-tax states.These practical strategies are designed to help you keep more of your hard-earned money, whether you're navigating complex state tax rules or planning for long-term wealth-building. Don't let hidden tax traps derail your financial goals—start optimizing today!

Arizona Cardinals franchise QB Kyler Murray is ready to run wild in the 2025 NFL season. The Cards signal caller gets candid in his sit down, candid interview with PHNX Cardinals. Find out K1's favorite NFL Draft prospects and why he believes Marvin Harrison Jr. is poised for a breakout in Year Two.An ALLCITY Network Production SUBSCRIBE to our YouTube: https://bit.ly/phnx_youtube ALL THINGS PHNX: http://linktr.ee/phnxsports MERCH https://store.allcitynetwork.com/collections/phnx-locker ALLCITY Network, Inc. aka PHNX and PHNX Sports is in no way affiliated with or endorsed by the City of Phoenix PHNX Events: Get your tickets to PHNX events and takeovers here: https://gophnx.com/events/ bet365: https://www.bet365.com/hub/en-us/app-hero-banner-1?utm_source=affiliate&utm_campaign=usapp&utm_medium=affiliate&affiliate=365_03485317 Use the code PHNX365 to sign up, deposit $10 and bet $5 to get $150 in bonus bets! Disclaimer: Must be 21+ and physically located in AZ. If you or someone you know has a gambling problem and wants help, call 1-800-NEXT-STEP, text NEXTSTEP to 53342 or visit https://problemgambling.az.gov/ Circle K: Join Inner Circle for free by downloading the Circle K app today! Head to https://www.circlek.com/store-locator to find Circle Ks near you! DFCU: Show your Cardinals team spirit: Open a Free Checking account online and get an Arizona Cardinals VISA® Debit Card at https://www.DesertFinancial.com/cardinals Gametime: Download the Gametime app, create an account, and use code PHNX for $20 off your first purchase. Terms apply. Branded Bills: Use code PHNX at https://www.brandedbills.com/ for 20% off your first order! Monarch Money: Use Monarch Money to get control of your overall finances with 50% off your first year at https://www.monarchmoney.com/phnx When you shop through links in the description, we may earn affiliate commissions. Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

Welcome to Part One of our deep dive into Disability Insurance (DI) on the ShiftShapers Podcast! In this two-part series. In this episode, host David Saltzman converses with Don Schamay, Regional Director of Executive Benefits at The Principal, about the often-overlooked importance of disability insurance in a comprehensive health insurance strategy. Don shares his journey from military service to a seasoned expert in disability insurance, emphasizing the critical need for both individual and group disability insurance to protect one's income. The discussion covers the prevalence of disability, how group and individual disability insurances differ, and the significance of educating clients about income protection and insurance options.Key Takeaways from the Episode:✅ Importance of DI – Disability insurance (DI) is an often-overlooked but crucial component of a comprehensive health insurance strategy. It provides financial protection if one is unable to work due to illness or injury.✅ Group vs. Individual DI – Group disability insurance often covers basic salary and is a cost-effective, foundational benefit for businesses. Individual DI can supplement group coverage by filling in gaps and covering additional forms of income.✅ Coverage and Income Protection – Properly structured DI ensures that individuals have a safety net that covers up to 80% of their income, considering both salary and other compensations like bonuses and K1 distributions.✅ Market Trends – The DI market has become more competitive and robust, improving the quality and affordability of coverage. Newer carriers have entered the marketplace, stabilizing and enhancing the options available.✅ Advisor's Role – Advisors must educate clients on the significance of DI, ensuring that they understand the risks and the options for mitigating them. This includes both group and individual solutions tailored to the client's specific needs.Episode Timestamps:⏳ 00:00 Introduction to Disability Insurance 

Story at-a-glance Vitamin K is crucial for bone health beyond its role in blood clotting, with deficiencies linked to increased fracture risk and osteoporosis Vitamin K works synergistically with vitamin D to enhance bone mineral density, highlighting the importance of maintaining adequate levels through diet or supplementation The gut microbiome plays a significant role in vitamin K production, impacting bone health by supporting the formation and maintenance of bone tissue Vitamin K influences energy metabolism through osteocalcin, affecting insulin sensitivity and glucose metabolism, which are essential for preventing osteoporosis and diabetes Strategies to help optimize vitamin K levels including consuming more food sources of both vitamin K1 and K2, strategically timing your vitamin K2 supplement intake, and nourishing your gut microbiome with probiotics and prebiotics

Join us on this episode of The Industrialist as host Jeremy Mercer chats with Isabella Ling, Chief Marketing Officer and Investor Relations Liaison at Matador. Her professional career with Jeremy began even before Matador's launch in December 2020, and she has been with the company since.In this episode, Jeremy and Isabella delve deep into the nuances of investor relations at Matador. They cover everything from how investors discover Matador, to identifying the ideal investor, addressing common inquiries from potential investors, operational processes, investor reporting, and the specifics of K1 delivery. Tune in to gain valuable insights into effective communication and investor management from Matador.

Discover the exceptional benefits of vitamin K2, especially its form MK-7, as Dr. Brad McEwen, a naturopath and nutritionist, joins us to reveal the nutrient's essential roles in our health and wellness.Gain insight into the unique structural and functional differences between vitamin K1 and K2 and how these contribute to our bodily functions, from bone health to cardiovascular wellness. Delve into the potential positive impact of vitamin K2 on chronic conditions.This episode unpacks the incredible ways vitamin K2 serves as a director of calcium in our bodies, guiding it to strengthen our bones and keep our arteries clear of calcification. We'll explore the critical synergy between vitamin K2 and vitamin D3 for chronic disease prevention and the science behind the activation of bone mineralization proteins.Dr. McEwen shares valuable knowledge on the importance of monitoring vitamin K2 levels for optimal health and why it's imperative for practitioners to stay well-informed through ongoing research.About Dr Brad:Dr Brad McEwen, PhD, is a leader in preventive and personalised health, particularly in the area of cardiometabolic health and mental and cognitive health. He is an award-winning naturopath, nutritionist, herbalist, educator, researcher, and mentor with over 24 years of clinical experience. He has a PhD from the University of Sydney, a Master of Health Science (Human Nutrition) and a Master of Public Health from Deakin University, among other qualifications in nutrition and sports medicine. He has a passion for teaching and has been educating in nutritional and naturopathic medicine and the health sciences for over 20 years. He has extensive experience in presenting seminars, webinars, and at conferences nationwide and internationally,Brad has a passion for research. He has published numerous original research and review articles in peer-reviewed journals. He is a peer reviewer for international journals. His research interests include the effects of diet, nutrition, and lifestyle medicine on cardiovascular disease, cardiometabolic syndrome, depression, anxiety, polycystic ovary syndrome, endometriosis, cognition, stress, type 2 diabetes, and chronic disease.  Connect with Dr Brad:Website: https://www.cmgrouponline.com.au/Get in touch! Shownotes and references are available on the Designs for Health websiteRegister as a Designs for Health Practitioner and discover quality practitioner- only supplements at www.designsforhealth.com.au Follow us on Socials Instagram: Designsforhealthaus Facebook: Designsforhealthaus DISCLAIMER: The Information provided in the Wellness by Designs podcast is for educational purposes only; the information presented is not intended to be used as medical advice; please seek the advice of a qualified healthcare professional if what you have heard here today raises questions or concerns relating to your health

Stéphanie (Shitshow) en Dook schuiven aan bij Timo om stil te staan bij de pronouns clusterfuck in de Pyreneeën. Tijdens het bushcraften (lees: wandelen) zet Judith haar nieuwe gast Mark goed op zijn plek, and we love Judith for that!!!!! In Estland verloopt de boomercommunicatie tussen Maarten en Barbara daarentegen weer zoals gewoonlijk stroef. Bij Mike verandert het gezelschap van K3 naar K1 en bij Jorik wordt Nienke gedumpt op een manier die Timo wel heel erg bekend voorkomt..Hello Fresh: (Her)activeer je lidmaatschap en krijg tot wel € 90 korting op je eerste 4 boxen met de code HELLOREALITYDeze winter bespreken we dagelijks Winter vol Liefde. En elke week zijn we er ook met een weeksamenvatting met een speciale gast, exclusief op Podimo. Niet getreurd, je kunt 30 dagen helemaal gratis luisteren via podimo.nl/realitycheck.Heb jij een hot take, spannende achtergrondinformatie of wil je heel graag je mening met ons delen? Stuur ons dan een (voice)berichtje op instagram (@realitycheck_depodcast). Op onze Instagram & TikTok houden we 24/7 alles voor je in de gaten houden uit Reality-TV land.Productie: Eva Essers, Gijs Grimm, Bo CourantZie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

In today's first episode of my new podcast and YouTube show, The Allocator: A New Way to Finance Real Estate, I'm joined by Badri Malynur, co-founder of Avestor. Badri explains how Avestor caters to the needs of the real estate capital formation industry by providing a platform that redefines how funds are created and managed.   What is an Allocator? An allocator is someone who typically negotiates preferential terms (such as higher preferred returns or more favorable promote splits) with a sponsor in exchange for delivering a significant investment into a deal. Once the terms are secured, the allocator pools investments from other individuals to meet the negotiated threshold. They may share the preferential terms with their investors or retain the difference as compensation for their efforts.   How Avestor is Different Unlike platforms such as Juniper Square or IMS, which primarily serve as document management systems, Avestor goes further by integrating these backend processes with a customizable fund model. This model allows sponsors and allocators to create funds that consolidate offerings from multiple sponsors, giving investors the flexibility to allocate their capital as they see fit across various deals within the same fund.   Streamlined Processes Avestor simplifies fund management by providing a single Private Placement Memorandum (PPM) that covers all deals within a fund, along with individualized deal disclosure statements. Investors receive a consolidated K1 at year-end, eliminating the need for multiple documents. By reducing legal fees and administrative burdens, the platform makes fund creation and management more efficient for allocators, sponsors, and their investors.   Additional Resources and Support Beyond fund customization, Avestor provides pre-developed legal templates, accounting support, and optional marketing partnerships. It also offers access to educational content, mastermind groups, and tools to help fund managers grow their businesses, creating a comprehensive solution for those looking to streamline capital raising and fund management.   Badri and I discuss the Avestor platform and the capital allocator industry in detail. This is an episode you don't want to miss.   ***** Explore the world of real estate capital allocators—a fresh approach to financing that's reshaping the industry.   In this series, I talk with allocators, investors, sponsors, and service providers to give you an inside look at this fast-growing space.   PLUS, subscribe to my free newsletter for real estate investors and gain access to: * Introductions to sponsors, allocators, and investment opportunities. * Insights drawn from my 30+ years of experience in real estate investing. * Hacks and tactics for raising capital to help you scale your real estate portfolio.   Visit GowerCrowd.com/subscribe

Become a PHNX Diehard for just $4 a month! http://gophnx.com/intro-offer-youtubeFollowing the Minnesota Vikings collapse in the playoffs on Monday Night Football vs the LA Rams, Kyler Murray remains clear upgrade at QB for the Arizona Cardinals over free agent to be Sam Darnold. Plus, we chat with Michael Wilson on K1, Marvin Harrison Jr., Jonathan Gannon, Trey McBride, the NFC West and more!An ALLCITY Network ProductionSUBSCRIBE to our YouTube: https://bit.ly/phnx_youtubeALL THINGS PHNX: http://linktr.ee/phnxsportsMERCH https://store.allcitynetwork.com/collections/phnx-lockerALLCITY Network, Inc. aka PHNX and PHNX Sports is in no way affiliated with or endorsed by the City of PhoenixPHNX Events: Get your tickets to PHNX events and takeovers here: https://gophnx.com/events/bet365: https://www.bet365.com/hub/en-us/app-hero-banner-1?utm_source=affiliate&utm_campaign=usapp&utm_medium=affiliate&affiliate=365_03485317 Use the code PHNX365 to sign up, deposit $10 and bet $5 to get $150 in bonus bets!Disclaimer: Must be 21+ and physically located in AZ.  If you or someone you know has a gambling problem and wants help, call 1-800-NEXT-STEP, text NEXTSTEP to 53342 or visit https://problemgambling.az.gov/Gila River: Win a Lamborgini! Visit https://playatgila.com/promotion/350k-lamborghini-luxe-giveaway/ for detailsCircle K: Join Inner Circle for free by downloading the Circle K app today! Head to https://www.circlek.com/store-locator to find Circle Ks near you!DFCU: Show your Cardinals team spirit: Open a Free Checking account online and get an Arizona Cardinals VISA® Debit Card at https://www.DesertFinancial.com/cardinalsGametime: Download the Gametime app, create an account, and use code PHNX for $20 off your first purchase. Terms apply.Branded Bills: Use code PHNX at https://www.brandedbills.com/ for 20% off your first order!Check out FOCO merch and collectibles and use promo code “PHNX10” for 10% off your order on all non Pre Order items.Rugged Road: Gear up for your next adventure with Rugged Road Coolers - Your ultimate outdoor companion! Head to http://ruggedroadoutdoors.pxf.io/ALLCITY and use code PHNX for 10% off!When you shop through links in the description, we may earn affiliate commissions. Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

In today's episode, Gabriel sits down with entrepreneur and consultant Jason to delve into the rapidly evolving business landscape. They'll explore the pivotal roles of documenters, automators, advisors, and migrators in modernizing companies, while emphasizing the importance of leaning on service providers during high-leverage activities like acquisitions. Jason shares his journey from software entrepreneur to fractional integration consultant, discussing the formation of his company "Build Your Org" and its mission to augment the Entrepreneur's Operating System (EOS) with automation and AI. Together, they will unpack creative deal structuring, the shifting entrepreneurial mindset towards autonomy, and how to balance vision and integration within businesses. Tune in for an insightful conversation packed with actionable strategies and inspiring stories for every modern business owner and acquisition entrepreneur out there. Let's dive in! 00:00 Serial entrepreneur starts successful enterprise, sells big. 12:41 Learn from mistakes, focus on small acquisitions. 20:18 Started consulting business, gained confidence in acquisitions. 22:30 "Rocket Fuel" by Winters and Wickman describes visionary-integrator relationships. 31:41 Partnering to build software for business automations. 35:53 Best buyers are those already in business. 38:43 Business relationship in Palm Springs leads to success. 43:23 Comparing $3 million business to $500K. 50:05 Shift from growth to services-led profitability in markets. 57:28 Entrepreneurs seeking roles beyond textbook options. 01:05:02 Camera aids pattern matching for business success. 01:06:41 Adapting tech, improving processes, and facilitating deals. 01:12:13 Business owners should rely on experienced practitioners. - Importance of modernization in business - Key roles: documenter, automator, advisor, migrator - Abstracting core processes in 90 days - Collaboration with automation team - Lead generation and deal facilitation - Partnerships with diligence firms and banks - Post-acquisition integration - Adapting systems for smooth transitions - Importance of executing acquisitions - High-leverage activity requiring support from service providers - Strategy of overpaying for aligned long-term vision - Value of mentors and service providers - Founding "Build Your Works" for post-close migration - Jason's emphasis on vision and support - Jason's struggles and open invitation for connections - Discovery of "Build the Process" website - Collaboration with Adam Schweickart  - Creation of Build Your through a paper swap - Acquisition for EOS integration and coaching - Applying principles to various industries - Business growth experience - First consulting inspired by "Rocket Fuel" - Consulting focus on equity and profit shares - Alternative acquisition models without cash - Hypothetical business acquisition scenarios - Importance of deal structuring - Need for adaptation in EOS - Introduction of facilitator role - Supported by books like "Rocket Fuel" - Move towards non-W2 and K1 income  - Preference for services-led growth - Different structures for income and autonomy - Personal transition experiences - Learning from business acquisition mistakes - Technical aspects and format discussion - Jason's software and entrepreneurship background

It's getting to be that time of year - TAXES! Join Pat for a three part series on Taxes, beginning with understanding your K1 and where it comes from.

The Cardinals are coming off the bye week, so Jess and Seth didn't have a game to talk about. Instead, they discuss Kyler Murray and the talk of being a potential MVP candidate, tackle Kelvin Beachum and his play at tackle with the coming return of Jonah Williams, and they predict the rest of the season in the NFC West. Enjoy the show!

The Arizona Cardinals moved to 6-4 behind Kyler Murray, Trey McBride and company DESTROYING Aaron Rodgers & the New York Jets. But just how good is the team lead by K1, Marvin Harrison Jr., James Conner & Jonathon Gannon. Erik Ruby and Bo Brack dive into into it on the latest edition of Southwest Bias.An ALLCITY Network ProductionSUBSCRIBE to our YouTube: https://bit.ly/phnx_youtubeALL THINGS PHNX: http://linktr.ee/phnxsports MERCH https://store.allcitynetwork.com/collections/phnx-lockerALLCITY Network, Inc. aka PHNX and PHNX Sports is in no way affiliated with or endorsed by the City of PhoenixPHNX Events: Get your tickets to PHNX events and takeovers here: https://gophnx.com/events/ Empire Today: Schedule a free in-home estimate today! All listeners can receive a $350 OFF discount when they use the promo code PHNX. Restrictions apply. See https://empiretoday.com/phnx for details. bet365: https://www.bet365.com/olp/open-account?affiliate=365_03330244 Use the code PHNX365 to sign up, deposit $10 and bet $5 to get $150 in bonus bets!Disclaimer: Must be 21+ and physically located in AZ.  If you or someone you know has a gambling problem and wants help, call 1-800-NEXT-STEP, text NEXTSTEP to 53342 or visit https://problemgambling.az.gov/Branded Bills: Use code PHNX at https://www.brandedbills.com/ for 20% off your first order! Circle K: Join Inner Circle for free by downloading the Circle K app today! Head to https://www.circlek.com/store-locator to find Circle Ks near you!Check out FOCO merch and collectibles and use promo code “PHNX10” for 10% off your order on all non Pre Order items.Earn entries for Ferrari Fortunes every Friday. At 7pm, winners are drawn for cash prizes and free bonus play. The grand finale will take place on November 1st at Wild Horse Pass, where one lucky winner will win a Ferrari 488 GTB! Visit https://playatgila.com/promotion/ferrarifortunes/Gametime: Download the Gametime app, create an account, and use code PHNX for $20 off your first purchase. Terms apply.Shady Rays: Exclusively for our listeners, Shady Rays is giving out their best deal of the season. Head to https://shadyrays.com and use code: PHNX for 35% off polarized sunglasses. Try for yourself the shades rated 5 stars by over 300,000 people.Rugged Road: Gear up for your next adventure with Rugged Road Coolers - Your ultimate outdoor companion! Head to http://ruggedroadoutdoors.pxf.io/ALLCITY and use code PHNX for 10% off!When you shop through links in the description, we may earn affiliate commissions. Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

Vitamin K2 removes calcium from your arteries and other soft tissues and puts it into the bone where it belongs. In this video, we're going to discuss the health benefits of vitamin K2 and how it can be used to clean your arteries, prevent heart attacks, and keep you healthy! Vitamin K2 deficiency can lead to soft tissue calcification, bone corrosion, osteoporosis, and cavities. You can get vitamin K2 from the diet, or you can make it from vitamin K1 in the gut. Natto (fermented soybeans) is the food with the most vitamin K2. Eel, goose liver, chicken liver, and beef liver also contain a significant amount of vitamin K2. Butter and cheese from grass-fed animals, salami, pork chops, and fermented vegetables contain small amounts of vitamin K2. Vitamin K2 can clean your arteries naturally, yet it's found in fatty foods that we've been told to avoid! Because it's a fat-soluble vitamin, you may have trouble absorbing it if you don't have a gallbladder or you have a bad liver. You need plenty of healthy microbes to convert vitamin K1 to vitamin K2. B. subtilis is the primary microbe responsible for this conversion. Only 30% of the population has this microbe in their gut because it's very easily destroyed when you consume broad-spectrum antibiotics. Without B. subtilis and vitamin K2 foods, you're at risk for developing calcification in the arteries. Antibiotics, steroids, PPIs, antacids, glyphosate from GMO foods, alcohol, junk food, liver disease, high-sugar diets, and blood thinners destroy the gut's ability to make vitamin K2. Low-fat diets can also put you at risk for a vitamin K2 deficiency. Vitamin K2 is dependent on magnesium. Together, magnesium and vitamin K2 can help clean your arteries and remove calcium deposits from your soft tissues. There are two kinds of vitamin K2: MK4 (synthetic) and MK7 (natural). Try taking 100 mcg of MK7 vitamin K2 for every 10,000 IU of vitamin D3.

Is red meat unhealthy? You've probably been taught that red meat causes cancer and other health conditions like type 2 diabetes and heart disease, but did you know that red meat is the #1 superfood? Discover the amazing health benefits of red meat in this video! BOOK LINKS: https://www.amazon.com/Dorito-Effect-... https://www.amazon.com/Mastering-Zone... Today, I'm going to tell you about the #1 superfood, red meat! Some people think green powder is the best superfood, but while it's very beneficial, it's missing one important ingredient—protein. Green powder has vitamin C, K1, beta-carotene, magnesium, potassium, and phytonutrients but no protein. To optimize your health, you might want to start consuming grass-fed red meat along with your green powder. Red meat is an excellent source of B vitamins, fat-soluble vitamins, iron, selenium, zinc, and DHA. Grass-fed red meat also contains phytonutrients. Red meat increases the antioxidant glutathione and is a potent source of carnosine, an antioxidant that helps prevent glycation. Protein consumption triggers the hormone glucagon, which stabilizes your blood sugar and helps counter the effects of insulin. Grass-fed red meat protein is the best source of protein! A large portion of your body is made of protein. Muscle, collagen, ligaments, tendons, fascia, cell membranes, skin, and bones are all composed of protein. The 74,000 enzymes in your body are proteins, along with your neurotransmitters and hormones. Your blood contains a significant amount of protein, and it's also essential for immune cells. Red meat contains taurine, an amino acid needed to help prevent high blood pressure, and leucine, an amino acid that triggers the synthesis of muscle. Your body can make glucose from protein when necessary. Gluconeogenesis is the production of new glucose, which occurs mainly in the liver. The protein leverage hypothesis states that animals, humans, and insects will continue to eat until they satisfy their protein requirement. This is why you will overeat if you consume junk food—it has no protein! If you have low blood sugar, you should consume protein, not candy! Red meat contains myoglobin, a type of protein that helps carry oxygen. Red meat contains more myoglobin and iron than white meat. Cows, sheep, and goats have a unique ability to concentrate the nutrients from the grass into their meat.

Welcome to Season 4 of The LIUniverse and thank you for joining us on this journey.   We're kicking off the new season with another Chuck GPT episode devoted to answering your questions, and to do that, we've brought back archaeology expert Hannah Liu, MEd. She's not alone: joining Dr. Charles Liu and co-host Allen Liu is The LIUniverse's Social Media Guru, Stacey Severn.   As always, we start off with the day's joyfully cool cosmic thing, Earth's temporary second moon 2024 PT5. Don't get excited, though, because it's only the size of a school bus and won't be visible to the naked eye. But it gives Chuck the chance to ask Hannah about the impact of celestial visitors in the past, and she tells us the story of Caesar's comet (C/-43 K1) which showed up for about a week in the summer of 44 BCE – not long after the assassination of Julius Caesar. Allen also brings up the Great comet of 1680 and how it affected the development of astronomy.   Our first question comes from NSimplexPachinko, who asks, “During condensation of matter to 300,000 years after the Big Bang, did spacetime cease to expand, or did it continue expanding at the same rate as the energy within it?”   Short answer: Yes. For the long answer, you'll have to watch or listen to the show for Chuck's description (honed for the Intro to Astronomy class he teaches) of decoupling, expansion, universal evolution and “BIG, BIG, INFLATION!”   Stacey reads the next question from a listener in Poland. Pshemo Ziembora wonders, “The volume/length of space should be different for every observer depending on how fast they're travelling or how strong the gravity field is. In other words, the speed of light will always be constant for each observer, but it may have a different value than 300,000 km/second. Distances on cosmic scales may vary due to your speed. When you are traveling faster in space your distance should be shorter. What am I missing?”   Chuck explains that Pshemo isn't missing anything and has got it exactly right, describing the insight we now call the “Lorentz Contraction” which Albert Einstein built into his Special Theory of Relativity. Allen explains the physics involved, with an example that includes muons and cosmic rays and how different mediums can impact the speed of light.   Speaking of Poland, Hannah shares a story about licking the wall of the Wieliczka salt mine, which she visited on a trip there. For those of you watching, you can see a photo of one of the caverns hollowed out by the miners, with statues and scenic reliefs carved from the salt. There are no photos of the reported salt tasting.   Our next question comes from one of Chuck's Astronomy 100 students: “Is Earth Intelligent?”   Chuck describes the Gaia Hypothesis, before the group grapples with the question. Hannah looks at the skepticism around the validity of that very hypothesis, and then takes a typical LIUniverse deep dive into Percy Jackson, and Greek and Egyptian mythology. Allen assesses Earth's intelligence through the lens of Artificial Intelligence. Stacey brings up the concept that climate change is the Earth taking revenge on humanity for our actions, which Hannah relates back to Greek mythology, natural disasters, and the role of Demeter in bringing about winter.   Finally, “@I have an unoriginal name” asks, “How does the cyclic model of the universe deal with information not being destroyed.” And Andy Love wonders “about the quantum gravity issue. My thought is that gravity is emergent, from loop or string vibrations, where the outward pulse of the loop or string creates the atoms (Higgs field) and the inward pulse is gravitational force meaning there is no need for a new quantum gravity theory, gravity is already quantum.”   Both of those questions spawned some interesting and far-ranging conversations amongst the group (Can you say slinky cosmology and quantum gravity?) that would be impossible to summarize for you here, so just please watch or listen to the episode now!   We hope you enjoy this episode of The LIUniverse, and, if you do, please support us on Patreon.   Credits for Images Used in this Episode: – 2024 PT5's orbit –NASA/JPL-Caltech – Public Domain – Caesar's comet coin –From ~18 CE in modern Spain, – Public Domain – Comet C/2023 A3 Tsuchinshan-ATLAS – AlexL1024, Public Domain – Great comet of 1680 –Lieve Verschuier, Public Domain – Diagram of the universe's expansion –NASA/WMAP Science Team, Public Domain – Refraction in a block of plastic –Ajizai, Public Domain – A muon's view of Earth –The LIUniverse, derived from “Blue Marble” – Wieliczka salt mine –Rj1979, Public Domain – Gaia depicted on pottery –About 410 BCE, Public Domain – Statue of Demeter –Photo by Marie-Lan Nguyen, CC BY – Lord Kelvin's Analog tide computer –Photo by Daderot, Public Domain – Svalbard Global Seed Vault –Frode Ramone, CC BY – ~1800 year old clothes preserved by a bog – Bullenwächter, CC BY – LIGO gravitational wave signals –Caltech/MIT/LIGO Lab, CC BY   #TheLIUniverse #CharlesLiu #AllenLiu #HannahLiu #StaceySevern #SciencePodcast #AstronomyPodcast #2024PT5 #CaesarsComet #SlinkyCosmology #QuantumGravity #comets #GreatCometof1680 #UniversalExpansion #muon #GaiaHypothesis #PercyJackson #GreekMythology #Egyptianmythology #AI #ArtificialIntelligence #cyclicmodeloftheuniverse #LorentzContraction #AlbertEinstein #SpecialTheoryofRelativity #archaeology

Over 50% of the population consumes ultra-processed foods, putting them at risk for vitamin and nutrient deficiencies. Many people have a vitamin D deficiency, magnesium deficiency, zinc deficiency, potassium deficiency, or vitamin B1 deficiency and don't even know it! In this video, I'll share 21 important signs of vitamin deficiency. 1. Tingling in the toes, also known as peripheral neuropathy, can be caused by a vitamin B1 deficiency. Pork, liver, meat, eggs, and sunflower seeds are the best sources of vitamin B1. 2. Cracks in the corner of the mouth can be caused by a vitamin B2 deficiency. Consume liver, red meat, and eggs to increase vitamin B2 intake. 3. Thinning hair can be caused by a biotin deficiency. Without enough biotin, you can't make keratin, the protein needed to make hair. 4. Premature graying of the hair can be caused by a vitamin B9 deficiency. Folate (vitamin B9) repairs DNA, helps prevent cancer, and supports melanin production. 5. Mouth ulcers can be caused by a vitamin B12 deficiency. To increase your intake, consume more red meat, liver, and clams. 6. Deep pelvic bone pain can be caused by vitamin D deficiency. 7. Heavy menstrual bleeding can be caused by high estrogen levels or a vitamin K1 deficiency. Dark leafy green vegetables and liver are the best sources of vitamin K1. 8. Heavy menstrual cramping can be caused by calcium buildup due to a magnesium deficiency. Dark leafy green vegetables and pumpkin seeds are the best sources of magnesium. 9. Fibroids can be caused by too much estrogen, but vitamin D can help keep them in check. 10. Eye twitching, also known as tetany, can be caused by a magnesium deficiency. 11. Heart pounding can be caused by a potassium deficiency. You need 4700 mg of potassium per day. 12. Chronic cough can be caused by a calcium deficiency. Calcium lactate is the best calcium supplement. 13. Ice cravings can be caused by iron deficiency. Try increasing your intake of red meat or liver before resorting to supplements. 14. Low libido can be caused by a zinc deficiency. Shellfish, especially oysters, and red meat are the best sources of zinc. 15. Hearing loss can be caused by a vitamin B12 deficiency. 16. Fibrocystic breasts can be caused by excess estrogen, which may result from low iodine. To increase iodine intake, consume sea kelp, seaweed, and shellfish. 17. Dry, flaky skin is a classic sign of omega-3 fatty acid deficiency. For this problem, consume high-quality cod liver oil or fish oil. 18. Muscle weakness can be caused by a vitamin E deficiency. Tocotrienols may help. 19. Fatty liver—choline deficiency can cause a fatty liver. Egg yolk and liver are the best sources of choline. 20. Cold sores can be caused by a virus, but increasing lysine can help put the virus in remission. 21. High lipids can be regulated with the help of niacin (vitamin B3).

Why Arizona Cardinals QB Kyler Murray is the best signal caller in the NFC West so far in the 2024 NFL season. What makes K1 better than Geno Smith, Matthew Stafford and Brock Purdy? Can Marvin Harrison Jr. get it going for Cards against the Green Bay Packers? Can Nick Rallis slow down Jordan Love? Can Trey McBride and James Conner make the Pro Bowl?An ALLCITY Network ProductionSUBSCRIBE to our YouTube: https://bit.ly/phnx_youtubeALL THINGS PHNX: http://linktr.ee/phnxsportsMERCH https://store.allcitynetwork.com/collections/phnx-lockerALLCITY Network, Inc. aka PHNX and PHNX Sports is in no way affiliated with or endorsed by the City of PhoenixPHNX Events: Get your tickets to PHNX events and takeovers here: https://gophnx.com/events/FREE PHNX Cardinals Watch Parties and Live Shows at Gila River Resorts and Casinos - Wild Horse Pass! https://gophnx.com/event/phnx-cardinals-away-game-watch-party-and-live-show/2024-10-13/Pit Boss Grills: Sign up for a chance to win a Pit Boss Smokeless Fire Pit every Cardinals post -game show at https://gophnx.com/pit-boss/bet365: https://www.bet365.com/olp/open-account?affiliate=365_03330244 Use the code PHNX365 to sign up, deposit $10 and choose your offer! Must be 21+ and physically located in AZ.  If you or someone you know has a gambling problem and wants help, call 1-800-NEXT-STEP, text NEXTSTEP to 53342 or visit https://problemgambling.az.gov/Empire Today: Schedule a free in-home estimate today! All listeners can receive a $350 OFF discount when they use the promo code PHNX. Restrictions apply. See https://empiretoday.com/phnx for details.Indeed: listeners of this show will get a $75 SPONSORED JOB CREDIT to get your jobs more visibility at https://indeed.com/allcity. Terms and conditions apply.  Need to hire? You need Indeed.Zbiotics: Go to https://zbiotics.com/phnxcards to get 15% off your first order when you use PHNXCARDS at checkout. Pre-Alcohol is backed with 100% money back guarantee so if you're unsatisfied for any reason, they'll refund your money, no questions asked. Bluechew: Try BlueChew FREE when you use our promo code ALLCITY at checkout--just pay $5 shipping. That's https://bluechew.com promo code ALLCITY to receive your first month FREE. Visit for more details and important safety information, and we thank BlueChew for sponsoring the podcast.Gametime: Download the Gametime app, create an account, and use code PHNX for $20 off your first purchase. Terms apply.Branded Bills: Use code PHNX at https://www.brandedbills.com/ for 20% off your first order!Shady Rays: Exclusively for our listeners, Shady Rays is giving out their best deal of the season. Head to https://shadyrays.com and use code: PHNX for 35% off polarized sunglasses. Try for yourself the shades rated 5 stars by over 300,000 people.Check out FOCO merch and collectibles and use promo code “PHNX10” for 10% off your order on all non Pre Order items.TrueFan Travel: For PHNX Cardinals Road Trip to Miami, Head to https://truefantravel.com/trips/ to book your spot today! Rugged Road: Gear up for your next adventure with Rugged Road Coolers - Your ultimate outdoor companion! Head to http://ruggedroadoutdoors.pxf.io/ALLCITY and use code PHNX for 10% off!When you shop through links in the description, we may earn affiliate commissions. Copyright Disclaimer under section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

Kelp is one of the most sustainable plants in the world. Not only do kelp forests thrive without the use of pesticides and fertilizers, they also support carbon sequestration, promote biodiversity, buffer ocean acidification, and improve water quality. Snacks from the Sea supports these incredible ecosystems by creating nutrient-dense, kelp-based snacks that are harvested sustainably to ensure a vibrant ecosystem while supporting a lifestyle of health and happiness. Inspired by a nourishing dish made by her Korean mother, Snacks from the Sea founder Jennifer wanted to provide people in America with the incredible health benefits of kelp in a convenient, delicious, crunchy snack. Moreso than traditional seaweed, kelp is a nutrient powerhouse that contains healthy vitamins and minerals, such as vitamins A and K1, folate, magnesium, iron, and iodine and a powerful antioxidant, fucoidan, which has been shown to have anti-tumor, anti-inflammatory, anti-viral and immunoregulatory properties. Snacks from the Sea's signature product, Kelpie Chips, delivers the nourishing power of kelp in a line of all-natural kelp chips available in three delicious flavors: Zesty Pizza, Chipotle, and Salt & Pepper. Apart from supporting vibrant human health, Snacks from the Sea also benefits marine ecosystems. Snacks from the Sea works directly with Korean farmers to harvest kelp from large, sustainable underwater forests. Their kelp farmers are part of an eco-friendly cooperative that was one of the first kelp producers to receive an ASC-MSC seaweed certification. This certification means their operations have demonstrated proven success at minimizing environmental impact, and that employees and the community are being cared for. ASC-MSC-certified operations are monitored based on five criteria: sustainable wild populations, environmental impacts, effective management, social responsibility, and community relations and interactions. “In Korea, kelp has been used as a remedy for thousands of years,” said Snacks from the Sea founder Jennifer Murphy. “In creating Snacks from the Sea, I wanted to share the amazing benefits of this nutrient powerhouse with people across the United States. In doing so, we are also supporting marine ecosystems that sequester carbon. Our kelp-based products are a win for snackers and a win for the planet.” From sea to snack, Snacks from the Sea's kelp-based products are sustainably sourced directly from the sea, then lightly fried with delicious natural seasonings to create the perfect crunchy kelp to eat with a favorite dip, crumbled for a salad or soup topper, or carried in a backpack for clean energy on the trail. Snacks from the Sea can be purchased on Amazon. About Snacks from the Sea Snacks from the Sea is a line of nutrient-dense, kelp-based snacks. Snacks from the Sea signature kelp chips are made from sustainably harvested kelp and lightly fried with delicious natural seasonings. Rich in minerals, vitamins, and antioxidant activity, Snacks from the Sea Kelpie Chips are perfect with a favorite dip, crumbled for a salad or soup topper, or carried in a backpack for clean energy on the trail. Visit www.snacksfromthesea.com for more information. ► Luxury Women Handbag Discounts: https://www.theofficialathena.... ► Review Us: https://itunes.apple.com/us/po... ► Subscribe: http://www.youtube.com/c/AshSa... ► Instagram: https://www.instagram.com/1lov... ► Facebook: https://www.facebook.com/ashsa... ► Twitter: https://twitter.com/1loveAsh ► Blog: http://www.ashsaidit.com/blog #atlanta #ashsaidit #theashsaiditshow #ashblogsit #ashsaidit®Become a supporter of this podcast: https://www.spreaker.com/podcast/the-ash-said-it-show--1213325/support.

On this week's episode Melanie and I talk about college football (sad trombone for me), Melanie's unprecedented closet clean-out, and my latest travels related to book-related fun and shenanigans. Plus, Melanie shares a Twitter account that has added some joy to her life - in addition to an explanation about why bird hunting is not what the Lord has for her. As an added bonus, it's Melanie's turn for Five Favorites.  Enjoy, y'all! - Join Us on Patreon - Our Amazon Shop - Live Stream tickets for our Friday night Dallas show - Dallas and Chin Up, America t-shirts / sweatshirts (orders close Wednesday night 9/26 at midnight) Show Notes: - Vandy at Missouri - Arkansas at Auburn - A Fine Sight to See: Leading Because You Were Made for It - Sophie's Book Tour - Blue Willow Bookshop in Houston - The Graduate Auburn - Botanic in Opelika - Texas A&M police's Twitter account - "Don't Close Your Eyes" by Keith Whitley - Riddle Original milky spray lotion - Crunchmaster Avocado Toast crackers - laundry pod and dryer sheet holder - storm grey Phoenix Oncepts - Auden cozy ribbed wide leg pants Sponsors: - Lume - use code BIGBOO for 15% off your first purchase - Factor - use code BIGBOO50 to get 50% off your first box plus 20% off your next month - Mint Mobile - use this link for a special offer - AG1 - get 10 free travel packs and a bottle of vitamin D3 and K1

News includes ElixirConf keynotes appearing on YouTube, updates on ErrorTracker's latest release, José Valim's deep dive on ChatGPT UX issues with Phoenix LiveView, Dockyard's announcement of LVN Go to streamline LiveView Native workshops, and Livebook's newest notebook navigation features. Plus, Nvidia's job opening that explicitly mentions Elixir, Alchemy Conf 2025 details, NASA's development of a Lunar timezone, and more! Show Notes online - http://podcast.thinkingelixir.com/221 (http://podcast.thinkingelixir.com/221) Elixir Community News - https://www.youtube.com/playlist?list=PLqj39LCvnOWbW2Zli4LurDGc6lL5ij-9Y (https://www.youtube.com/playlist?list=PLqj39LCvnOWbW2Zli4LurDGc6lL5ij-9Y?utm_source=thinkingelixir&utm_medium=shownotes) – ElixirConf keynotes are appearing on YouTube, currently featuring Justin Schneck's and Chris McCord and Chris Grainger's keynotes. - https://github.com/josevalim/sync (https://github.com/josevalim/sync?utm_source=thinkingelixir&utm_medium=shownotes) – Phoenix Sync archival status clarified - José doesn't have plans to take it forward personally, inviting others to explore and develop the idea further. - https://elixirstatus.com/p/1u4Hf-errortracker-v030-has-been-released (https://elixirstatus.com/p/1u4Hf-errortracker-v030-has-been-released?utm_source=thinkingelixir&utm_medium=shownotes) – ErrorTracker v0.3.0 has been released with new features including support for MySQL and MariaDB, improved error grouping in Oban, and enhanced documentation and typespecs. - https://www.elixirstreams.com/tips/test-breakpoints (https://www.elixirstreams.com/tips/test-breakpoints?utm_source=thinkingelixir&utm_medium=shownotes) – German Velasco shared a new Elixir Stream video on step-through debugging an ExUnit test in Elixir v1.17. - https://www.youtube.com/watch?v=fCdi7SEPrTs (https://www.youtube.com/watch?v=fCdi7SEPrTs?utm_source=thinkingelixir&utm_medium=shownotes) – José Valim shared his video on solving ChatGPT UX issues with Phoenix LiveView, originally posted to Twitter and now available on YouTube. - https://x.com/josevalim/status/1833536127267144101 (https://x.com/josevalim/status/1833536127267144101?utm_source=thinkingelixir&utm_medium=shownotes) – José Valim's video on tackling ChatGPT's UX woes with Phoenix LiveView on Twitter. - https://github.com/tailwindlabs/tailwindcss/pull/8394 (https://github.com/tailwindlabs/tailwindcss/pull/8394?utm_source=thinkingelixir&utm_medium=shownotes) – Merged PR in Tailwind project describing hover issue fix. - https://github.com/phoenixframework/phoenixliveview/issues/3421 (https://github.com/phoenixframework/phoenix_live_view/issues/3421?utm_source=thinkingelixir&utm_medium=shownotes) – Issue regarding phx-click-loading affecting modals. - https://dashbit.co/blog/remix-concurrent-submissions-flawed (https://dashbit.co/blog/remix-concurrent-submissions-flawed?utm_source=thinkingelixir&utm_medium=shownotes) – José Valim detailed how Remix's concurrency feature is flawed in a new blog post. - https://dockyard.com/blog/2024/09/10/introducing-lvn-go (https://dockyard.com/blog/2024/09/10/introducing-lvn-go?utm_source=thinkingelixir&utm_medium=shownotes) – Blog post introducing LVN Go, an app to ease starting with LiveView Native without needing XCode. - https://podcast.thinkingelixir.com/200 (https://podcast.thinkingelixir.com/200?utm_source=thinkingelixir&utm_medium=shownotes) – Episode 200 of Thinking Elixir podcast featuring Brian Carderella discussing LiveView Native. - https://x.com/livebookdev/status/1834222475820839077 (https://x.com/livebookdev/status/1834222475820839077?utm_source=thinkingelixir&utm_medium=shownotes) – Livebook v0.14 released with new notebook navigation features. - https://news.livebook.dev/code-navigation-with-go-to-definition-of-modules-and-functions-kuYrS (https://news.livebook.dev/code-navigation-with-go-to-definition-of-modules-and-functions-kuYrS?utm_source=thinkingelixir&utm_medium=shownotes) – Detailed blog post about Livebook v0.14's new features. - https://artifacthub.io/packages/helm/livebook/livebook (https://artifacthub.io/packages/helm/livebook/livebook?utm_source=thinkingelixir&utm_medium=shownotes) – kinoflame 0.1.3 released with Kubernetes support. - https://x.com/miruoss/status/1834690518472966524 (https://x.com/miruoss/status/1834690518472966524?utm_source=thinkingelixir&utm_medium=shownotes) – Announcement of kinoflame 0.1.3's Kubernetes support. - https://x.com/hugobarauna/status/1834040830249562299 (https://x.com/hugobarauna/status/1834040830249562299?utm_source=thinkingelixir&utm_medium=shownotes) – Job opening at Nvidia specifically mentioning Elixir. - https://nvidia.wd5.myworkdayjobs.com/en-US/NVIDIAExternalCareerSite/job/US-CA-Santa-Clara/Senior-Software-Engineer---HPC_JR1979406-1?q=Hpc (https://nvidia.wd5.myworkdayjobs.com/en-US/NVIDIAExternalCareerSite/job/US-CA-Santa-Clara/Senior-Software-Engineer---HPC_JR1979406-1?q=Hpc?utm_source=thinkingelixir&utm_medium=shownotes) – Specific job listing at Nvidia mentioning Elixir. - https://x.com/Alchemy_Conf/status/1835597103076094150 (https://x.com/Alchemy_Conf/status/1835597103076094150?utm_source=thinkingelixir&utm_medium=shownotes) – Alchemy Conf 2025 announced, with call for talk proposals open. - https://dev.events/conferences/alchemy-conf-2025-hjp5oo7o (https://dev.events/conferences/alchemy-conf-2025-hjp5oo7o?utm_source=thinkingelixir&utm_medium=shownotes) – Alchemy Conf 2025 event details. - https://ti.to/subvisual/alchemy-conf-2025 (https://ti.to/subvisual/alchemy-conf-2025?utm_source=thinkingelixir&utm_medium=shownotes) – Early bird tickets for Alchemy Conf 2025 are €200. - https://www.papercall.io/alchemy-conf-2025 (https://www.papercall.io/alchemy-conf-2025?utm_source=thinkingelixir&utm_medium=shownotes) – Call for talk proposals for Alchemy Conf 2025 open until Sept 30th. - https://www.engadget.com/science/space/nasa-confirms-its-developing-the-moons-new-time-zone-165345568.html (https://www.engadget.com/science/space/nasa-confirms-its-developing-the-moons-new-time-zone-165345568.html?utm_source=thinkingelixir&utm_medium=shownotes) – NASA confirms developing a Lunar timezone. - https://www.prnewswire.com/news-releases/k1-acquires-mariadb-a-leading-database-software-company-and-appoints-new-ceo-302243508.html (https://www.prnewswire.com/news-releases/k1-acquires-mariadb-a-leading-database-software-company-and-appoints-new-ceo-302243508.html?utm_source=thinkingelixir&utm_medium=shownotes) – MariaDB acquired by K1, strategic investment to expand enterprise solutions. - https://www.aboutamazon.com/news/company-news/ceo-andy-jassy-latest-update-on-amazon-return-to-office-manager-team-ratio (https://www.aboutamazon.com/news/company-news/ceo-andy-jassy-latest-update-on-amazon-return-to-office-manager-team-ratio?utm_source=thinkingelixir&utm_medium=shownotes) – Amazon requiring employees to return to office for work. Do you have some Elixir news to share? Tell us at @ThinkingElixir (https://twitter.com/ThinkingElixir) or email at show@thinkingelixir.com (mailto:show@thinkingelixir.com) Find us online - Message the show - @ThinkingElixir (https://twitter.com/ThinkingElixir) - Message the show on Fediverse - @ThinkingElixir@genserver.social (https://genserver.social/ThinkingElixir) - Email the show - show@thinkingelixir.com (mailto:show@thinkingelixir.com) - Mark Ericksen - @brainlid (https://twitter.com/brainlid) - Mark Ericksen on Fediverse - @brainlid@genserver.social (https://genserver.social/brainlid) - David Bernheisel - @bernheisel (https://twitter.com/bernheisel) - David Bernheisel on Fediverse - @dbern@genserver.social (https://genserver.social/dbern)

In this episode of Tax Tuesday with Anderson Advisors attorneys Toby Mathis, Esq., and Eliot Thomas, Esq., the pressing tax questions from listeners have a special focus on real estate issues. They dive into the complexities of tax benefits for short-term and long-term rental properties, addressing specific monetary scenarios. Toby and Eliot also explore the nuances of passive losses and real estate professional status, evaluating how a limited partnership investment and syndications impact tax strategies. Additionally, they clarify the effects of installment sales on capital gains tax, the tax implications of long-term capital gains for incomes below $93,000, and strategies for reducing tax liability as a real estate flipper. You'll hear about the mechanics of 1031 exchanges, the use of solar credits against passive income, and the treatment of repairs versus improvements on rental properties. Tune in for expert advice on optimizing your tax situation in the real estate world. Submit your tax question to taxtuesday@andersonadvisors.com Highlights/Topics: "Professor One has three short-term rentals, seven days or less." "He generates $20,000 of profit from each one, but each generates $60,000 of losses, cost seg plus bonus depreciation." "Can he use 20% QBI?" that's 199A. "Can you use it on the $20,000 profits, or will those be offset by the $60,000 losses, and the net will be $40,000 each?" –We can't. We have to take in the $60,000 loss that's associated with each of those buildings. We don't take QBI against the loss. No, QBI would not be available here. "Professor Two has four long term rentals, and he used line depreciation for all of them." "His wife is a real estate professional, but there's not enough losses to offset his $300,000 grand in income. The CPA suggests putting $200,000 in a syndication as an LP. K1 will generate $150,000 of losses. As long as his wife is REP, he can use those passive losses to offset his W-2. Is that true?" – Because we're introducing a syndication, and this is a limited partner, that's the LP here at K-1, we're going to have to meet that test, the 500-hour test. In other words, to get our REP status, if we didn't use the 500-hour test, we may not be able to do that. That's why I say it depends. "Professor Three has one passive long-term rental and just bought two short-term rentals with seven days or less with cost seg plus bonus depreciation. Next year, 2025, his wife plans to retire and claim real estate professional status. The plan is to keep those short-term rentals as Airbnb with eight days or more, a.k.a passive, and keep the long-term rental as is. The first question is, can the wife manage, clean those Airbnbs and claim the 750 hours without touching the third long-term rental that is far away and group them all together?" – I'm going to say no, because remember, a short-term rental isn't rental activity. It's the pizza shop, okay, that Toby keeps talking about. But we have other ideas. “The second question is whether we can still use the losses from the cost seg we conducted on those two short-term rentals this year." – Losses will stay passive into the future, so no. "I have a question about capital gains tax. I'm selling a property with an installment payment plan. Only two installments to be received. The first will be received December of 2024, the second and last payment will be January 2025. How will this affect my capital gains tax?" – Simplistically, it's just going to split them. "Paying tax on real estate long-term gain. If my net income is under $93,000 in 2024, will I owe taxes on long-term capital gains from the sale of real estate, a vacation rental? The gain itself is over $93,000." – if you are below approximately $94,000 in 2024, it's going to be taxed at zero. "How do I reduce my tax liability as a flipper?" – Do it in a C-Corp or S-Corp, besides just immediate tax deductions, we want to avoid dealer status. Reverse exchange 1031. "Please help us understand it. How do I choose a QI, which stands for qualified intermediary? Any recommendations for first-time 1031 exchangers?" – you're first buying the replacement property and then you're deciding within 45 days which you're going to give up. And so it's just the opposite direction. You have 108 days total from close to close. "Is it possible to use solar credits against passive income from real estate rent income?” – Yes. You can have a solar credit. You could do it on your personal home, which would create an ordinary loss. The nature of the activity that the solar is attached to might have something to do with its tax treatment. "How do you determine if a repair and a rental property can be treated as an expense in the current year or must be depreciated?" – If you're making the property more valuable by doing it, that's not a repair. You're making it more valuable. "Hi, my husband and I want to sell a new construction home business to become full-time investors and manage our five large commercial properties. In the past, we've had real estate professional status because we self-managed our commercial properties. If we sell our construction business, do we still qualify for rep status if we start a management company to manage our commercial properties and earn W-2 income from this new company? What type of entity would be best to set up a management company, LLC, S-corp, or C-corp? – using that management company that you own yourself, certainly you can use that towards your time. Resources: Schedule Your FREE Consultation https://andersonadvisors.com/strategy-session/?utm_source=strategies-to-reduce-your-tax-liability-as-a-real-estate-flipper&utm_medium=podcast Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=strategies-to-reduce-your-tax-liability-as-a-real-estate-flipper&utm_medium=podcast Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq    

This week Melanie and I bring back our college football Side Eyes and I See Yous as well as recap her weekend with Caroline home and my weekend at a conference about the Enneagram and Spiritual Disciplines. On top of that, I have a new book that's out this week, so Melanie makes us talk about that despite the fact that it wasn't on our episode outline.  We also discuss a couple of shows that have captured our attention, and it's Melanie's turn for Five Favorites.  Enjoy, everybody! - Join Us on Patreon - Our Amazon Shop - Live Stream tickets for our Friday night Dallas show - Dallas and Chin Up, America t-shirts / sweatshirts Show Notes: - Notre Dame vs. NIU - Alabama vs. South Florida - Arkansas vs. Oklahoma State - Melanie's new air fryer - Life in the Trinity (this was the Enneagram workshop I went to) - A Fine Sight to See: Leading Because You Were Made for It - Sophie's Book Tour - Taylor at the first Chiefs' game - Travis' hat at the US Open - Couples Therapy (NOT FOR THE CHILDREN) - The Perfect Couple tv show - The Perfect Couple book - Sweed Cloud mascara - sleeveless sweater vest - dressy lace top - Twofer sweater dress set - Liv lounge set Sponsors: - Thrive Market - use this link for 30% off your first order and a free $60 gift - Trust & Will - use this link for 10% off plus free shipping - AG1 - use this link for 15% off your first purchase plus a free year's supply of vitamins D3 and K1 plus five free travel packs - OSEA - use code BIGBOO for 10% off

Ep. 78 - NFL on CBS announcer, voice of the Final Four and Brooklyn Nets television play-by-play man Ian Eagle joins Dave Pasch to discuss all things broadcasting. Eagle explains what it's like being in the booth for a game involving Cardinals QB Kyler Murray, his memories of calling K1's Hail Murray touchdown pass against Buffalo in 2020, how working NBA games early in his career helped prepare him for NFL broadcasts, his son Noah Eagle's growth in the broadcast industry and much more.See omnystudio.com/listener for privacy information.

In this video, Dr. Doug Lucas discusses Vitamin K, a crucial nutrient for both bone health and heart health. There are different forms of vitamin K, including K1 and K2, which are found in different sources. Vitamin K2, specifically MK7, has a longer half-life and is recommended for supplementation. It has been shown to improve bone mineral density and reduce coronary calcification. There is no evidence that vitamin K supplementation increases the risk of blood clots, except for individuals on the blood thinner warfarin. AlgaeCal Plus and AlgaeCal D3 Complete are recommended supplements that provide the necessary forms of vitamin K. DISCOUNT CODE: http://algaecal.info/drdoug

This week Melanie processes her A&M / Notre Dame feelings (in addition to her game-time dehydration issues), and I'm ticked that my beloved Bulldogs are not, in my opinion, receiving the recognition that a lifetime member of the Southeastern Conference should receive. Mostly, though, we're just delighted that college football is all the way back - and we continue to be curious about how Nick Saban is going to handle the whole Pat McAfee / GameDay situation. We also celebrate the return of my missing bracelets (it's a long story), and it's my turn for Five Favorites. Hope you enjoy! - Join Us on Patreon - Our Amazon Shop - Live Stream tickets for our Friday night Dallas show - Dallas and Chin Up, America t-shirts / sweatshirts Show Notes: - A&M vs. Notre Dame - "Power" as Aggies' intro - GameDay segment with illusionist - Brian Kelly's post-USC press conference - Karen Howell on Twitter - Vanderbilt vs. Virginia Tech - Saban and Pat McAfee - Mississippi State vs. Eastern Kentucky - our favorite belt fan (this thing is MAGIC) - order a copy of A Fine Sight to See - A Fine Sight to See book events - Anthro brushed coatigan - BoomBoom nasal sticks - We the Free rugby striped sweatshirt - multi-purpose stainless steel scraper - AE Dreamy Drape stretch super high-waisted jeans Sponsors: - Helix - use this link for up to 30% off your mattress order plus two free pillows - AG1 - use this link for 15% off your first purchase plus a free year's supply of vitamins D3 and K1 plus five free travel packs - ZocDoc - use this link to download the app for free - Honeylove - use this link for 20% off

Can QB Kyler Murray fuel WR Marvin Harrison Jr. to NFL Offensive Rookie of the Year honors with the Arizona Cardinals? Will Jonathan Gannon's Cardinals surprise Cards fans with a playoff birth in 2024? Will Arizona sports fans see a historic season from K1? Did Monti Ossenfort do enough to send the Cards pass the Seahawks this season? Join Johnny Venerable and Damon Dawg on Friday's PHNX Cardinals podcast! Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this compilation program, Steve Peasley, Justin Klein and Luke Guerrero field a variety of finance and investment questions from callers across the United States and around the world.Today's Stocks & Topics: Home Builders, Internal Rate of Return, Roth I-R-A & K1, What to Do With Extra Money, Where to Invest, Roth I-R-A, Retirement, What to Do When a Company Goes Down 90%, Stock Screeners, Silver, ETFs, Investing, Profit-Taking.Our Sponsors:* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com/* Check out eBay Auto: www.ebay.com* Learn more at hackerone.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy