Podcasts about pti

PTI's Michael Wilbon checks in for his weekly conversation.

Guest: Amy Holbert, MSW, LISW-CP - In this episode, Michelle and Amy spend this hour discussing the role of this federally recognized “PTI,” how to empower caregivers for success with IEP advocacy, and how they support caregivers in pursuing medically necessary insurance in South Carolina. While “Family Connection” may be unique to SC, the role of PTIs and non-profit advocacy occurs everywhere, so join us and enjoy learning about how to advocate with community partners for improved patient and caregiver outcomes.

PTI's Michael Wilbon joins the guys for his weekly conversation.

CONGRATS to JC Media's race to be the first one in the race is an unsavory face that we see mostly. After the floods every one jumped on the band wagon and Javed Chaudhry was the first one in this race, congrats to him. PTI's Multan Jalsa was already all organised, cancellation would have been expensive for them. It served two objectives. The pre arranged Jalsa offered great opportunty to announce appeal for flood and potential Telethon once all details were worked out. Also to campaign for election. Javed Chaudhry's point of view was to drop every thing and help flood victims. He took it upon himself to tell IK off against Jalsa and help flood victims. Though Javed sahib had not cancelled his own program to lead by example.   I guess such topics creat good tv and debate the very same way PDM and Mafia's daughter's media cell spent heavy money to prove PTI govt was failing. That propaganda gave everyone endless shows to carry on bashing the govt that had proved them wrong. If train was not finding its way on track then US didn't have to be concerned. Thats what raised the alarm bells for them, "Absolutely Not" came much later.  If only everyone stands up for the country and together get rid of mafias instead of validating them as genuine leaders, rehnuma and politians who are working for people. Totally incorrect titles need to find new deserving titles.  Just imagine our country's potential thats why Cecilian Mafia doesn't want to let go of it.   If such media persons are not willing to stand up for the country and work together for the bigger purpose then they should openly declare Pakistan only belongs to these two families. No other leader has born or will be born among  22+ karor ever. Then Pakistan will remain the unfortunate country and hot topics will keep tv programs going! 

Estamos em Setembro Roxo, mês de conscientização sobre a PTI, e no Abrale Cast de hoje falaremos sobre o diagnóstico, tratamento e retirada do baço nesta doença.     A Púrpura Trombocitopênica Imune, também conhecida pela sua abreviação PTI, causa sangramentos por conta de uma baixa nas plaquetas, que são destruídas por anticorpos que possuímos no corpo.     Saiba mais sobre os sintomas, tratamentos e demais informações acompanhando nossa entrevista com a Dra. Ana Clara Kneese, médica hematologista da Santa Casa de São Paulo.    Hosts: Bárbara Fernandes e Dadynha Saturnino.          Site: https://www.abrale.org.br/        Instagram: www.instagram.com/abraleoficial/        Youtube: www.youtube.com/AbraleSP        Facebook: www.facebook.com/abrale        Twitter: https://twitter.com/abraleoficial      Tiktok: https://www.tiktok.com/@abraleoficial

Welcome back to NJ's favorite Criminal Law Podcast with Meg McCormick Hoerner. This is a quick-info segment about pre-trial intervention in New Jersey. (PTI) If you have been charged with a crime in New Jersey, you may be eligible for pre-trial intervention. PTI is a program that allows certain offenders to avoid criminal prosecution by completing a period of probation. In this segment, Meg will discuss eligibility requirements and the benefits of participating in PTI. Hoerner Law: https://hoernerlaw.com Cannabis Legalization in NJ: https://www.njcriminalpodcast.com/category/cannabis-legalization-nj/ Lindbergh Kidnapping Trial: https://www.njcriminalpodcast.com/category/lindbergh-kidnapping/ Lindbergh Kidnapping Blog Posts: https://www.njcriminalpodcast.com/blog/category/lindbergh-kidnapping/ Start a Legal Podcast: https://lawfirmpodcasts.com Start a Niche Business Podcast: https://nichepodcast.net

Welcome back to Chat Sh*t Get Fit - Chatting W/ PTs. This week we are joined by Shannon Cruikshank. She is currently serving with the Royal Engineers in the British Army but is being used a Physical Training Instructor (PTI) at a Royal Engineers training establishment (essentially delivering PT to recruits) She's wanted to be a PTI for a long time but as we explore her journey it's clear it wasn't an easy ride. A battle with mental health and alcohol, a change of cap badge and a constant battle to operate in a male dominated environment, Shannon finally got her 'crossed swords' and qualified as an Army PTI.  We of course start with establishing her top 3 gym peeves ranking them using our coveted super exclusive ranking scale. We then finish with secret questions...This was pretty wild as in Bills wisdom he asked you lot on Instagram 'without any context what would you ask this week's guest'. Great fun.   More From Us Want more great content from us? Check out our membership platform Patreon where we offer a wide range of bonuses to members ranging from access to live specials to 1-1 health-boosting chats with Bill & Tom. There are loads of extras to be had so check it out and hopefully, we'll be speaking with you on the discord server soon!   Online Personal Training With Bill & His Team - Train Primal   Cannonball Coffee. Great tasting and super powerful which WILL give you a boost in the gym. We spoke to Cannonball Coffee on a previous podcast and you can listen to that here to see why we are such fans. So if you want to support us in some small way and get some great coffee head to cannonballcoffee.co.uk and use code PRIMAL10 for 10% off any order.   New to the show? Head back to the very first episode of the podcast  "Let's Chat, Covid & Fitness" where we give an introduction to who we are and talk about the current state of ourselves and the fitness industry during the covid pandemic.    Find us on Instagram @chatshitgetfitpodcast @bill_trainprimal @coachtomreardon     

Ste se kdaj spraševali, zakaj ima žirafa tako dolg vrat in zakaj se hijena smeje? Zakaj imajo samci antilop rogove, samice pa ne? Namibijska pravljica o darovih kralja leva bo pojasnila vse. Ptičji češnjev otok, uredila in prevedla Jana Unuk, Študentska založba, Ljubljana, 2008, bere Nataša Holy

This weeks guest is former RAF PTI and founder of STAR Development UK Stuart Waddington, who was my interviewer for the 1yr episode of NAAFI Break, so I was delighted to have him back to discuss the journey and his business experiences.An area of career choice that is overlooked by many Service Leavers is Self Employment, but the difference of setting up a business vs Self Employment is not always obvious.Great insights, real lived experience and a little PTI humour.Please share to anyone with a Forces connection who wants to know more about the Military to Veteran transition. Bio Founder of Star Development UK, and host of the “#Leadership – What's on your Mind?” Podcast, Stuart Waddington delivers leadership and transformational development programmes and one-to-one coaching to high performing teams, individuals, senior managers, CEO's and other top performers.  With a strong background in sports that saw him earn a BSc in Sport and Exercise Science, Stuart's interest in high performance and the links between body and mind extend beyond the playing field into the business world and other key areas of life. He continues his mindset coaching and mentoring work with sports teams and elite athletes; but offers his guidance and experience to all seeking to excel. A natural people person, Stuart uses his experience to identify and overcome issues that are preventing people and teams achieving their full potential in any discipline. Stuart left the RAF in 2018 having served 12 years delivering leadership training and physical training to basic trainees, instructors, senior officers and specialist teams across all three of the Armed Forces. He founded Star Development UK to apply his military experience to civilian situations. To build on his experience outside of his “military bubble”, he embarked on a successful collaboration with the University of Cumbria, teaching life skills to students on the cusp of entering the working world. He also engaged with owners of growing businesses who found themselves seeking guidance with the unfamiliar demands of team leadership. He also worked as an associate delivering development training programmes to management teams within multiple government departments. 

Ali Abdullah is a content creator and a Stand-up comedian. Ali Abdullah comes on The Pakistan Experience, from getting his early education at a Madrassa to finding out about Stand-up comedy. Sahee kehtay hain tragedy mai comedy hay The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters: 0:00 Introduction 01:28 Nishan e Haider, Theatre, and Ali's TV 13:28 Madrassas, religious education and leaders 32:33 Bonded labour and selective history 46:03 Regions of Pakistan: Gender disparity and political constituencies 56:20 Humanizing women, Nikkah and selective religion 1:09:53 Babas and spiritual balance 1:16:48 Ali's tragedy and comedians facing tragedies 1:24:22 Technology, online haters and conspiracies 1:32:28 Wisdom through age 1:41:05 Accepting trauma, Pakistani state and military rule 1:54:28 Politicians, Benazir Bhutto and PTI

PTI's Michael Wilbon joins the guys in studio.

We are back from a Summer recess, with a thought provoking conversation with Mike James, RAF Veteran and former PTI, who has established his own business, in his own words, based on his ‘Gut feeling'.It was a surprise that our conversation leaned toward the ability to learn how to deal with suddenly having'lottery' type money. Listen to how two former RAF PTIs delve into the challenges of post military Self Employment and how to build a following on Social Media.mPlease share to anyone with a Forces connection 

Mustafa Chaudhary, of 4 man show and BNN fame, is a comedian and a content creator. He comes on The Pakistan Experience for a bachodiyan session discussing his comedy career, the current political climate, the media industry, offensive comedy, haters and Indian comics. This is not one to be missed. The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters: 0:00 Introduction 4:18 Mustafa's early life and stories 17:08 Living the joke 21:03 Offensive jokes : where's the line? 31:08 Media industry, wokeness and youthias 46:48 Comedy, virality and comics in Pakistan 1:01:08 Why haters hate 1:07:27 Meeting celebrities 1:15:24 Degradation of media in Pakistan 1:23:28 Jibran Nasir and political variety 1:26:53 QnA 1:35:28 PTI and social media 1:44:00 Message to the people 1:48:23 Bollywood and Indian comics

Nadeem Farooq Paracha, also known as NFP, is a Pakistani journalist, author, cultural critic, satirist and historian. He is a columnist for Pakistan's largest English-language daily Dawn. NFP comes on the podcast to discuss Twitter, The cult of Imran Khan, The Pakistani Identity, Mohajir Nationalism, Secularism and Waseem Raja. Should Karachi be separated from Sindh? How do we fight the cult of Imran Khan? Do Pakistanis have an identity crisis? Find out this and more on this week's episode of The Pakistan Experience. The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters: 0:00 Intro 1:00 Twitter 6:00 Polarization, PTI and Imran Khan 24:30 Disillusionment of politics 34:00 Muhajir Nationalism and Altaf Hussain 56:30 Karachi and Sindh 1:04:00 The City Perspective 1:11:00 Political Narratives 1:15:00 Accepting History and Culture 1:20:00 Pakistan's Identity Crisis 1:33:00 Secularism: The Church and the State 1:43:00 Social Media and Journalism 2:00:30 PTI: The cult of Imran KHan 2:16:00 Waseem Raja 2:19:30 Humanizing humans 2:27:40 QnA

During Domonique Foxworth's PTI debut, he and Pablo Torre discuss if Aaron Donald should be suspended for swinging a helmet during a fight at practice with the Bengals, their thoughts on the allegations that have surfaced against Bill's punter Matt Araiza and if they are on Manfred or Carew's side on the future of baseball.  Learn more about your ad choices. Visit megaphone.fm/adchoices

An update on the unfolding post-coup in Pakistan. Talking to Waqas Ahmad again about the threat to arrest Imran Khan, the remarkable result of the election in Punjab where PTI won 15/20 seats, the arrest and torture of Shehbaz Gill and many others, the articles in the NYT and Time Magazine about how the coup … Continue reading "AER 113: Pakistan government threatens to arrest Imran Khan"

PTI's Michael Wilbon checks in from Ireland.

With Pakistan witnessing a popular comeback of Imran Khan as his party PTI wins the Karachi by-election,  In Episode 1062 of Cut The Clutter, Shekhar Gupta looks at the replaced cliche of Pakistan's Political tectonic plates, how the Imran Khan phenomenon is pushing for that change & why they are working in his favour

Mustafa Kamal is the founder and chairperson of the Pak Sarzameen Party. He previously was a Senator and the mayor of Karachi from Oct 2005 to Oct 2010 as part of MQM. Mustafa Kamal comes on The Pakistan Experience to discuss MQM, Karachi, The Establishment, RAW, the operation against MQM, PTI and what he will do if he is elected as the next mayor of Karachi. Is PSP an Establishment party? Where was Mustafa Kamal on 12th May 2007? Why did Mustafa Kamal leave MQM? Find out this and more on this week's episode of The Pakistan Experience. The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters: 0:00 Introduction 1:48 Were seats promised to PSP? 7:42 Is PSP an establishment party? 12:04 Solution based politics 15:20 Accountability in Pakistan 17:42 Did the establishment betray MQM 23:02 Weapons and instability within Karachi 28:02 Memories of MQM 31:12 The Karachi riots 33:27 Musharraf, MQM, and your success 36:57 Corruption cases 42:08 China cutting 45:02 Malik Riaz and housing societies 52:26 The value of Character and actions 57:37 Political narrative and strategy 1:03:37 TLP vs PSP violence 1:10:17 Is PSP an MQM splinter group 1:14:22 PSP members and works 1:17:02 Peoples Question and Answers

Tony opens the show by talking about the price of chicken from Royal Farms and about the prices of gas at various stations in the DC area. Michael Wilbon calls in to talk about what sports he's been watching while PTI is on hiatus and also about the money involved in the LIV tour compared to other leagues, Richard Justice calls in to talk about the Fernando Tatis Jr suspension, what's ailing the Yankees, and the state of the Nats possible sale, and Tony closes out the show by opening up the Mailbag. Songs : Wanderlodge “Green Volvo” ; “Blanket of Soul” To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Out & About with Antionette Blake Episode 74: Parent Power For Children With Special Needs Host Antionette Blake - Social Media Manager |Author |Blogger |TV/Podcast Host & Coach | Professional Speaker | Branding Specialist Guest: Christina Andrews - Project Coordinator for the PTI & Community Doula Program Produced by: Elite Conversations Podcast Media https://eliteconversations.com/

Some people just seem to have all the luck, and Robin Bennett is one of them. Robin is a British entrepreneur, writer, and documentary producer. He is also the founder of The Bennett Group, a consortium of companies that primarily provide professional communication products and services. One of the companies, The Aktuel Translation Group, serves businesses that need to communicate globally; Quarto Translations specialises in translations for the publishing industry; PTI is a specialist in patent translations; and Monster Books is a publishing house that focuses on children's books. All of these (and more) are thriving businesses today that belie Robin's modest beginnings. In fact, when he first got started, Robin had virtually nothing more than a beaten-up moped and a single desk to his name. But luck had nothing to do with Robin's successful outcomes. His story is one of how a single entrepreneur used his own determination and perseverance to launch, experiment, and build upon highly successful initiatives. Join us for a captivating hour of candid insights into a highly determined entrepreneur's path to success and personal fulfillment. About our guest: Robin Bennett is Chairman at The Aktuel Translations Group; Commercial Director at Firefly Press; and the author of several publications, from top-selling business publications to widely read children's books. Like his businesses, Robin's writings span a wide range of topics—from educational books, like Start-Up Smart: How to Start and Build a Successful Business on a Budget, to popular children's publications, like Go Be the Light!, the story of a firefly who loses his glow and does what it takes to get it back. Visit The Bennett Group's website to learn more about Robin's businesses and writings, as well as his personal motto for both living and working, which is— Life's a Banquet! Selected Businesses: www.bennettgroup.org www.aktueltranslations.com www.quartotranslations.com www.patenttranslationsinternational.com fireflypress.co.uk Selected Writings: www.harriman-house.com/how-to-make-a-good-living-running-your-own-business www.harriman-house.com/kicking-the-property-ladder About NBN: The NBN Entrepreneurship and Leadership podcast aims to educate, inform and entertain, sharing insights based on the personal stories of carefully selected guests—all in an informal atmosphere of unscripted conversations and open, personal accounts. Find links to past episodes here. About our Hosts: Kimon Fountoukidis: Kimon is the founder of both Argos Multilingual and PMR. He founded both companies in the mid-90s with zero capital, and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. He is passionate about sharing his success with others and working entrepreneurs of all kinds to help them achieve their goals. Listen to his story here. On Twitter. On LinkedIn. Richard Lucas: Richard is a business and social entrepreneur who has founded or invested in more than 30 businesses, including Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser for years, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels. He was born in Oxford and moved to Poland in 1991, where continues to invest in promising companies and helps other entrepreneurs realise their dreams. Listen to his story in an autobiographical TEDx talk. On Twitter. On LinkedIn. Learn more about your ad choices. Visit megaphone.fm/adchoices

Some people just seem to have all the luck, and Robin Bennett is one of them. Robin is a British entrepreneur, writer, and documentary producer. He is also the founder of The Bennett Group, a consortium of companies that primarily provide professional communication products and services. One of the companies, The Aktuel Translation Group, serves businesses that need to communicate globally; Quarto Translations specialises in translations for the publishing industry; PTI is a specialist in patent translations; and Monster Books is a publishing house that focuses on children's books. All of these (and more) are thriving businesses today that belie Robin's modest beginnings. In fact, when he first got started, Robin had virtually nothing more than a beaten-up moped and a single desk to his name. But luck had nothing to do with Robin's successful outcomes. His story is one of how a single entrepreneur used his own determination and perseverance to launch, experiment, and build upon highly successful initiatives. Join us for a captivating hour of candid insights into a highly determined entrepreneur's path to success and personal fulfillment. About our guest: Robin Bennett is Chairman at The Aktuel Translations Group; Commercial Director at Firefly Press; and the author of several publications, from top-selling business publications to widely read children's books. Like his businesses, Robin's writings span a wide range of topics—from educational books, like Start-Up Smart: How to Start and Build a Successful Business on a Budget, to popular children's publications, like Go Be the Light!, the story of a firefly who loses his glow and does what it takes to get it back. Visit The Bennett Group's website to learn more about Robin's businesses and writings, as well as his personal motto for both living and working, which is— Life's a Banquet! Selected Businesses: www.bennettgroup.org www.aktueltranslations.com www.quartotranslations.com www.patenttranslationsinternational.com fireflypress.co.uk Selected Writings: www.harriman-house.com/how-to-make-a-good-living-running-your-own-business www.harriman-house.com/kicking-the-property-ladder About NBN: The NBN Entrepreneurship and Leadership podcast aims to educate, inform and entertain, sharing insights based on the personal stories of carefully selected guests—all in an informal atmosphere of unscripted conversations and open, personal accounts. Find links to past episodes here. About our Hosts: Kimon Fountoukidis: Kimon is the founder of both Argos Multilingual and PMR. He founded both companies in the mid-90s with zero capital, and both have gone on to become market leaders in their respective sectors. Kimon was born in New York and moved to Krakow, Poland in 1993. He is passionate about sharing his success with others and working entrepreneurs of all kinds to help them achieve their goals. Listen to his story here. On Twitter. On LinkedIn. Richard Lucas: Richard is a business and social entrepreneur who has founded or invested in more than 30 businesses, including Argos Multilingual, PMR and, in 2020, the New Books Network. Richard has been a TEDx event organiser for years, supports the pro-entrepreneurship ecosystem, and leads entrepreneurship workshops at all levels. He was born in Oxford and moved to Poland in 1991, where continues to invest in promising companies and helps other entrepreneurs realise their dreams. Listen to his story in an autobiographical TEDx talk. On Twitter. On LinkedIn. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

In today's episode, we take on listener-submitted questions. We'll discuss calculating cash flow, risk-adjusted returns, getting started without large sums of capital with partnerships, and Michael's personal thoughts on the current housing market. We love hearing from you all and taking on your questions, so please keep them coming. Whether it is through reviews or YouTube comments, we will do our best to get to all relevant questions you all send our way. --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Pierre: Hey, everyone, and welcome to the Remote Real Estate Investor. My name is Pierre Carrillo and today I'm with…   Michael: Michael Albaum   Pierre: and today we're going to go over some more listener submitted questions. So let's jump into it.   Good morning, Michael. How are you today?   Michael: I'm good. I'm good man woke up in Washington State this morning on our way up to the San Juan Islands so couldn't be more excited. How about you? I know it's a big day, couple days coming up for you too.   Pierre: I'm doing good man. It's hard to sleep so excited for the weekend…   Michael: Do you want to give our listeners any insights into why it might be hard for you to sleep?   Pierre: Yeah, keep on having dreams that the day is something that can go wrong on the day. I'm getting married this weekend, so…   Michael: Nice man super excited for you and it's gonna go flawlessly.   Pierre: I'm sure I'm just having these weird dreams that are very, very unlikely about like, completely impossible case scenarios, but…   Michael: Pterodactyls are gonna crash your wedding and…     Pierre: Pterodactyls are gonna come down on the altar and knock over the tables. Oh, man, well, it's really stupid.   Michael: It's gonna be an amazing event, really, congratulations and I can't wait to see pictures after.   Pierre: Thank you, Mike. Cool, so we got a bunch of questions here. Let's see how many we can get through. We're kind of in a rush today. So let's, let's knock out what we can. Alright, let's knock out some of these easier ones real quick. First, is cashflow accounting for all the costs for owning a property?   Michael: Yes, I think it should. You'll get different definitions from different people. Some might say, hey, your cash flow is you take your rent, and you subtract out your PI TI, because that's your principal interest, taxes and insurance. Those are the expenses that they're accounted for everything leftover as cashflow. I'm quite a bit more conservative and I say, hey, yeah, that's a big chunk of what you got to subtract out from the rent but there's also prepared maintenance Property Management expenses, if using a manager capex reserves, things that could go sideways and so you want to have money set aside and earmarked for those expenses for not if but when they show up and then anything above and beyond that is your true, free and clear cash flow is what I would say.   Pierre: Agreed, yeah, should operate on its own as its own business. Next question here, thinking about generating cash flow faster? Does it make sense to purchase a portfolio of single family homes versus one unit generating the same income?   Michael: Hmm, that's a really good question. So I think it comes down to personal risk tolerance and personal investment thesis and strategy. So we could absolutely make the argument that hey, that person that has 10 single family homes, has less risk, from an occupancy standpoint than the person that owns one big single family home that generates the same revenue, let's say, because if one person leaves the person, the guy who are the person who has the portfolio, if one person leaves, they're still 90% occupied, they've only got a 10% vacancy, because they've got 10 folks living there. If, on the other hand, are single portfolio or single house person, if they have that tenant leaves or 100% vacant. Now, we could also make the argument that the person with 10 homes has 10 roofs to maintain, and 10 h facts to worry about and 10 sewer systems to keep track of, versus the person with the one property only has one of each of those things, the knife kind of cuts both ways. What I personally have experienced is that's the reason I went to multifamily is because you get the occupancy and vacancy robustness of having multiple properties but you only have one roof, I still might have 10 H facts if it's 10 unit property or 10, whatever 10 systems to maintain.   But geographically speaking, it's all in one place and so it's a little bit easier to manage. Now, multifamily apartments are going to be very different than a single family from an asset class and you're likely tenant base and the stickiness of a tenant. So that's a whole another conversation for another time. But again, I think the knife cuts both ways, so it's tough to say definitively one or the other.   Pierre: Wouldn't speak to the quality of a property if 10 of them are cash flowing or generating as much revenue as one property, we would be talking about 10 lower quality or lower tier properties, comparing that to one higher tier property.   Michael: Yeah, you probably could get there with logic but I think it's really tough to do in the sense of that's a very unlikely scenario unless you were in two totally separate mark gets in once you kind of leave the bounds of the market, a lot of bets are off anyhow. Yes, real estate is contiguous in the sense of how it's built in a lot of instances and the fundamentals and the mathematics. But the specifics is the specifics is the specifics and the nuances of operating a single family rental in New York is gonna be very different than operating one in California, or in any city that you go into in between. So yeah, it's just it's an unlikely scenario that you would have 10 equaling the gross revenue of one unless that one was like a really big Airbnb or something but again, that's a whole different animal unto itself.   Pierre: All right, what is a risk adjusted cash on cash return?   Michael: That's a really good question. So a risk adjusted cash on cash return is basically taking what institutions it's implementing what institutions do and how they rate properties, and how they think about risk tolerance. So if you can imagine, here, if your buy box is targeting a three, two single family home and a three star neighborhood, and you're targeting an 8% cash on cash return, I'm making up numbers here, right? If you found a property that was in a four star neighborhood was in a better neighborhood, you should be okay accepting a lower return than your targeted 8%. Maybe you're okay with a six and a half percent cash on cash because there's a trade off, right? You were targeting this property for 300, you got something that was better than what you were looking for in one category and so there's this sliding scale and we can see I'm a very visual person, right.   So there's this balance the seesaw, if you will, of usually cashflow versus neighborhood score and so that tends to slide or cash flow and appreciation tends to slide and so we are sliding a little bit more onto the appreciation side, because we're in a better neighborhood, therefore, we should be okay giving up a little bit in terms of our cash flow. Now, that scale should absolutely slide the other way. If you found a property that was in a two star neighborhood, let's say and you were targeting again, three and eight, well, hey, you're giving up a little bit on the potential appreciation, or at least we will expect you to because of the neighborhood rating, as compared to the three therefore you should be demanding a better cash on cash return. It's a way to be dynamic with your Buy Box and adjust to the situation that you find yourself in with regard to the physical properties themselves, as opposed saying, okay, I'm only taking a three star 8% cash on cash like, yeah, you're totally welcome to do that but this gives you a little bit of a wider scope, so to speak.   Pierre: Okay, is there a way to what's Is there a formula to use to calculate what your risk adjusted return should be based on different neighborhood ratings or property ratings?   Michael: There is and so yes, and no. So we built that into the Roofstock Academy calculators that we helped give folks to help evaluate them, help them evaluate properties. So we built that in for some folks, if you're doing it on your own, it just really comes down to what your risk tolerance looks like and so you and I keep looking at the same we can have the same Buy Box three star neighborhood 8% cash on cash and if we both find a property, that's four star neighborhood, I might be okay, accepting a six and a half percent cash on cash, you might only be okay at 7% because of what your investment thesis is, and risk tolerance looks like I might be putting more eggs in the appreciation basket, so to speak, where you might be saying that I don't know if it's gonna appreciate that much. So it's more of a concept than a than a true like mathematical formula. So I think it's just important to be thinking about and be aware of as folks looking at properties in, you know, in neighborhoods in areas and markets outside of their direct scope.   Pierre: Let's stick with the cash on cash topic. Mike, in this question here asks, is 8% a reasonable cash on cash return to seek in this market today?   Michael: So you're using my own number against…   Pierre: …a just happened to be just 8%?...   Michael: Our last example? Yeah, it just happened to screenshare. So it all depends, I think is so often the answer, unfortunately, and it depends on a number of different factors. I just underwrote a property that I purchased as a short term rental, where the projected cash on cash was like 15 16%. So is 8% reasonable, totally doubling that. So it really comes down to what's your strategy is cashflow, and long term rentals what we're talking about here, and I'm gonna assume for a minute that it is. Yeah, I think it's still totally possible. We just have to engineer the return correctly, which is something I think a lot of people aren't familiar with or don't know how to do or aren't willing to do from the standpoint of, I think so many of us are trained to go purchase rentals with 20% down and that's it. That's the deal. Well, that is one way to purchase rentals. But if the returns don't work at that threshold, maybe we tweak it, maybe we need to put 20% down maybe had to put 30 40% down and I think people are listening to this and if they're really familiar with the mathematical equation for cash on cash might be thinking, Michael, that's going to drive your cash on cash down, because we're using less leverage and in a lot of instances, it will, but not all of them and so there are very certain types of properties based on the characteristics of purchase price, what they rent for their expense profiles, and what your what kind of leverage you're using, that all goes into this recipe, so to speak, to bake the end result, which is often cash on cash and cap rate and so we can unequivocally say, less leveraged bad in terms of cash on cash return. So we want to run the numbers and look at putting a larger percent down, because that will often give you a break on the interest rate and the larger the property purchase in terms of purchase price, the more impactful that additional breaking interest rate becomes and so if we're looking at an $80,000 property, for example, we're going to finance it, the difference between a 4% interest rate or a 6% interest rate doesn't move the needle a lot. Of course, 4% is better than 6%, because we're paying less in interest over the life of that loan, our monthly payments are smaller. But if we're purchasing a $250,000 property, the difference between a four and six can be quite significant in terms of actual dollars that you're spending on that monthly payment. So I think we just need to be a little more creative on how we engineer properties in terms of the purchase, are we purchasing them, right? Using the proper amount of leverage? That can that can be all that's needed to dictate what our return looks like.   Pierre: Cool and we did a video on this specifically, using a pro forma template and running the numbers and comparing what kind of property would do better with an all cash offer and what one would do better with leverage. So check that link right above here for seeing like break that all down into detail. Like what is the lowest cash on cash return that you would accept all other factors considered?   Michael: Oh, that's a really good question. For me, personally, I'll probably be in the 5% range because I know that that's a that's a point in time. I think we're all thinking about this point in time right now as kind of the whole picture, and as the movie. But I think if we think about, again, my visual brain coming into play here, if we think about a movie, like a movie reel, it's snippets of pictures, right? That's where we get our motion picture from and so right now we're seeing one of those snippets, tomorrow is going to be different, the day after is going to be different in every moment, every day, going forward is going to be different and so I'm not looking at this point in time as the whole movie and so if I'm getting a 5% cash on cash today, I know at some point down the road, the rents will probably go up, interest rates may come down. They may not but they may and if I'm okay with 5% today, and the interest rates don't ever go down. Well, okay, I bought a deal that I was okay with earning 5% and again, my rent should go up over time. So my return should get better with time and if the interest rates do go down, well just refinance, and get likely better cash on cash. So you know, I was probably 10%. Last year, if you'd asked me that question. This year, I'm probably at 5% for long term, very traditional rentals. But I've also pivoted my strategy quite a bit to be more short term focused and so the returns there tend to be quite a bit better than your traditional long term, at, at whatever percentage you're okay, accepting today.   Pierre: All right, Mike, this next one? Is it better to save cash and buy a home every two years cash or by using loans? I find using cash, I automatically save about $5,000 in closing costs?   Michael: Yes, so I would say the answer can be a little bit of both. You don't have to do one or the other exclusively and so what I've done in the past that I've seen work really well and can be a very powerful tool is to buy the property, all cash, and then turn around and get your refinance and cash out 75% of the dollars that you put into the deal and so yes, you save cash, when you save dollars by going the all cash out because your closing costs, depending on the size of your deal, those closing costs might be negligible, or they might be significant and so if you determine that they're significant for you, maybe you do just hold the thing in cash for two years and then go buy something else. But I like the all cash purchase because you get the benefits of quick close, aggressive offers, you can often get the purchase price lower, and they just turn around and refi and for you at the end of the day, it's like an all cash it was a finance purchase to begin with, except for that hold period and you might only be able to cash out 75% as opposed to the 80% that you can often get financed when you go to purchase the property which that I still don't understand. By the way, why you can only get 70% on the cash out after you already own the thing versus you can get 80% leverage on the purchase but I aggress. So I think you can do both and I think you have to run the numbers and figure out what makes sense for you and also think about the risk tolerance that that you have as an individual. Are you okay? Parking money in a real estate asset and leaving it there? Where if the value changes overnight, like your cash evaporates or would you rather put leverage on it and so if the value changes, you're only getting impacted what your equity is in the property, you're 20% and the bank kind of shares in the pain, so to speak with you. Now, if you let the property go, when you're underwater, you're gonna feel the most pain the bank's gonna make you pay for that. But there's, there's again, there's risks associated with doing it either way and so I think it's important to evaluate and determine and just decide for yourself what makes the most sense.   Pierre: What options exist for first time investors, if saving cash alone will not suffice 20% down?   Michael: Another super good question. I would say you got to figure out who has what it is that you don't and, and partner up. So or think about partnering up, if you don't have the cash, but you've got the deal and you've got the know how or the drive to do the deal. Go find someone that wants to be involved in real estate, but either doesn't know how, or doesn't have the time or the will to get involved but has money. Conversely, if you've got money, and you're looking to get involved in real estate, but don't have the time or don't know how to find someone that has those things and so those kind of two personality types are three character traits of having one of the three things you need to do a deal, you either need the deal, or you need the drive, or you need the money, they'll find he'll have what you're missing and start piecing it together for yourselves and I think you'll be surprised at how many people have like one or two of these three things, but not are missing the third and are looking for that kind of unlock, if you will and so feels like oh, well how am I going to find some of money, post about it on Bigger Pockets comm join the Roofstock Academy and network with our investors around the world who are doing the same exact things and I think you might be pleasantly surprised to see what you find.   Pierre: Yep and I was at the Bigger Pockets conference in Denver earlier this year and one of the activities they did at the very beginning was like who has cash but no time, and that those people stood up and then they asked who has time but no cash and everyone sit up and just go into those meetings like that. It's like they facilitate these meetings between people who have to could have a symbiotic relationship. So go to conferences, sometimes they may seem like a lot of money, you might pay five $600 to go to one of these things, but it could open up a lot of doors for you. So that was a cool part that I saw there.   Michael: That's great. That's great. Yeah, I think that's perfect.   Pierre: That's how I got my start. I didn't have any money to invest. But I've consumed all of the Roofstock Academy hundreds of podcasts by now. So I had a little bit and so I teamed up with my brother and that's how we got started.   Michael: Perfect, love it love it.   Pierre: All right, how much money should I have saved up before I decide to get my first rental property?   Michael: A million billion dollars, I think you want to have your down payment plus several months of expenses bank will often require six months of PTI in cash. It really depends on the property, if you're buying a brand new property, like brand new construction, a lot of this stuff is going to be warranted by the seller or builder hopefully and then the appliances are going to gonna likely come with a one year warranty or a manufacturer's warranty at some point. So I'm less concerned about a brand new property than it would be 1950s built, everything's still original. So you have to evaluate, okay, what's my, what's my risk here and the way that you would quantify risk, which I think a lot of people don't look at is, first and foremost, what's your insurance deductible, if you've got a $5,000 deductible, you should never have less than five grand in your pocket ready to go tomorrow because if a snowstorm caves in your roof, you're on the hook for the first five grand to replace that roof.   Similarly, if you have a home warranty in place, for all the major appliances, you need your trade coffee, which can be 50 to 100 bucks, whatever and then hopefully, they're going to cover the appliance, but just kind of look around the house and say, Okay, what's likely to fail, you know, walls just don't fall down on themselves. Garages don't just collapse usually on their own, unless you're in a sinkhole or earthquake zone, whatever. So there has to be something to cause this stuff to fail, versus like your electronic components or your appliances. One day, they might just stop working, you got to turn on the stove, and it just doesn't work and you gotta go replace that thing. So I think it's important to look around your specific property and figure out okay, well, what's old and what is my what is my risk profile and where do I have the cash or cash equivalents? You know, some people would argue that a Roth IRA that you put a bunch of money into could be considered a cash equivalent because you always could pull out your, your additional contributions. I think it's up to like five years or something. So like, oh, Well, that's access to money that I didn't maybe know I had. So if you're okay with that, think about what that looks like if that's going to be treated as your cash equivalent, but I would say at least several months of reserves, above and beyond the PITI that the bank is going to require you to have.   Pierre: Cool, let's dig down on this a little bit more like going to like a personal finance perspective. At what point, you know, before getting into real estate, should someone have their financial house in order? What is a good place to be financially before you know that is starting to save up this first chunk of money to get into real estate?   Michael: Yeah, I'd say someone should have a pretty good handle on what their spend in terms of income and expenses looks like and so they know how much on an average month they're spending, they know how much they're saving and they are cognizant of, like just where their dollars go, because you're gonna want to do that with real estate investing, you want to keep track of okay, where are the dollars coming in? Where are they going and you want to make sure that you can A) run the numbers, right, I find that to be a big thing for folks, if you can, if you're already doing that, if you're already tracking and budgeting, basically what we built ourselves a pro forma in life, right is what a budget is same thing for real estate investing. So that skill already translates but if you're constantly trying to figure out where am I dollars going, and you know, I'm spending a bunch more than I'm trying, real estate investing could be tough, because now you're adding an additional expense and we're hoping that there's income coming in if you do your homework there should be and if you operate correctly, there should be. But I'd say you want to feel comfortable because there are big expenses that pop up with real estate investing, anyone who's been in this business long enough will tell you that and so if that makes you uneasy or on shaky, or you're not in a financially sound position to be able to absorb those hits or those blows, that can be really scary and I would definitely encourage everyone to think long and hard before getting involved in this business. Are you willing to stomach that and are you in a financially sound position that you can absorb those blows, and those can come in all different sizes and forms and so again, that's why I think it's so important to understand what your risk exposure looks like because the exposure on a $80,000 house, run of the mill 1950s, build whatever is going to be very different than a $500,000 house in Manhattan or condo, whatever. So it's really important to get clear on okay, where is my exposure coming from and then quantify it? How bad could it get if it's gonna go bad?   Pierre: Alright, next question here, Mike, when I previously own property, I hit a limit, because my debt to income ratio, how do I get around this to own 36 houses in 10 years?   Michael: So I think my guess is that question is coming from someone who purchased their primary residence and then went to purchase investment property. So investment property, in theory should actually better your debt to income because if you can imagine you've got debt now in the form of your mortgage payment, but and then your taxes and insurance. But then you also have income and so the income if we're cashflow positive, outweighs the debt and so we often see debt to income ratios decrease with time and so, I mean, there's your answer, if you're if you're buying cash flowing real estate, your debt to income is gonna be better than it was before you own it. Now, a lot of banks might not consider or give you credit for that, until you've owned the property for X amount of time, this has happened to me, I just had a lender tell me, hey, we're not going to consider the cash flow on your primary residence because it hasn't shown up on your tax returns yet. I'm like, yeah, but look, here's the lease, and here's all the deposit into my account and like, we don't care, whatever. So that could be a scenario but that's a very short term problem and I think, too, by the time someone is looking to purchase, I get the question too, hey, I can only have 10 loans. How do I buy 36 properties or how do I buy more than 10 properties. And what I found just personally, is that by the time someone owns, close to 10 properties, they they're finding out a different way to finance the properties anyhow, whether that's going commercial or going hard money or private money, whatever or you just bundle up a bunch of the single families into a portfolio note, put it on a commercial loan. Now you've just freed up a bunch of more conventional conforming loans. You're back in the game. So I think there's a number of different ways to approach it but I think to the original question of the debt to income issue, again, if you're buying cash flowing rental properties, your debt to income is likely going to be getting better with time.   Pierre: What are your thoughts about the upcoming housing correction crash? Is it best to wait for a few months to see how the market behaves to possible recession and interest rates hike interest rate hikes later in the year?   Michael: That's another really good question. So without having a crystal with a very hot topic, so it's interesting because interest rates have already gone up over the past six months drastically and yet demand still seems to be at an all-time high with purchasing rates at an all-time high. So if you're someone that is feeling more calm, trouble to kind of sit and pause and take a break and just see what happens, knowing full well that interest rates may continue to climb, and prices might not drop. That's totally cool. I think it's the person that's like, hey, I want to wait and see what's going on, figure out where this is going, rates continue to go up, prices continue to go up and that's not something we've seen before other than the last six months and then you're gonna be pissed that you missed out. That's where I think I want to encourage you all to think differently. I think you have to understand full stop, what are the implications of me doing nothing today? What could happen, and be okay with that?   So I think just, again, getting straight with yourself getting clear with yourself around, hey, interest rates might continue to go up. That doesn't necessarily mean prices are going to come down as much as maybe we think they are, or necessarily at all, because again, this past six months, they haven't really come down much and again, it's market specific. So in some markets, you might listen to like, yeah, I've seen it come down 10-50%. That's totally fine in your market, I think it's important to understand your market. So that was a kind of roundabout way of saying, get clear on what could happen, the likely the possible scenarios, and then decide and also like, if you go back to fundamentals, and you're looking at a deal today, and it makes sense and hits your Buy Box, like I'm, I'm all for it. I just bought a deal back in May and prices were more expensive than they were a year ago but I was like, you know what the deal still make sense? The numbers don't make sense. So I'm going to proceed and getting back to like we were talking about previously, interest rates change with time and so if it makes sense today, and it rates go down, you only got a better deal down the road and if they don't well, then okay, then you're okay with the deal that you bought today and again, the income should go up with time.   Pierre: And it does seem like we are seeing a drop in prices in markets where the tech industry is most concentrated. But you're right. It is not global, that it doesn't happen everywhere all at once but it's happening and anecdotally, I'm we're looking at homes right now and see price cuts on so many houses. So it's not a statistic, but I'm seeing it happen…   Michael: But you're seeing it.   Pierre: Yeah. Have you been looking at all Mike for you? You've been in an acquisition mode at all lately?   Michael: No, not since that last one in May. We've been just trying to get the short term rentals humming along nicely and smoothly. So we've just been focused on that and then also my development project getting that over the finish line, which I am so so close, which I'm very excited about.   Pierre: Awesome. Well, that is it for the questions today. Thanks, Mike for sharing.   Michael: You got it.   Pierre: It's got to go.   Michael: Sweet.   Pierre: Thanks, everyone for tuning into the podcast. Please leave us your questions as YouTube comments or on the podcast app. We love hearing from you all. We will catch you on the next episode. Thanks so much for listening.   Michael: Happy investing…

PTI's Michael Wilbon on Bill Russell, Vin Scully and the NFL appealing DeShaun Watson's six-game suspension.

Mario wanted to meet up with who he thought was a minor, however that wasn't what PTI planned. CVS policy is trash on situations like this, but its whatever. Support Protect the Innocent. They can only spend so much of their own money, and they are one of my favorites because I feel like she has the most passion to catch these chomos. Email: protecttheinnocent101@gmail.com Instagram: https://www.instagram.com/protecttheinnocent101 Patreon: https://www.patreon.com/protecttheinnocent

Subscribe for more amazing tips, interviews and wisdom from phenomenal guests ------- And get your ** FREE ** copy of my 5 day Meal Plan and Exercise eBook here: https://realketonesaustralia.com/
 What it's like being the Head PTI for NZ SAS” I had the pleasure to reconnect with an old friend of mine today- Scott Cottier. Scott was my Physical Training Instructor (PTI) in the NZ Army and then also in the 1st New Zealand Special Air Service Group when I was a Commando. Scott's goal after becoming a PTI was always to become the “Head Trainer” for the SAS and he accomplished this in 2006 and served there for 6 years- improving the application of Physical Training for the Tier 1 Special Forces Unit and I can say from personal experience he did a great job. He is a man who epitomises the “Unrelenting g Pursuit of Excellence” and is a wealth of knowledge about functional elite fitness and now uses this to improve.success in corporates, teams and individuals. Scott takes what looks at first sight to be an unconventional and brutal approach in applying his craft, but you will find out in the show, after training such high performing individuals and warfighters, you will find his approach refreshingly honest and applicable. Listen in for the story I tell about when we had him in the Kill House with live rounds whizzing past his head, he has a great sense of humour and it has been an honour to watch his successful journey and positivity. You can find Scott at scott@specforce.co.nz I am Damian Porter , Former Special Forces Operator, High Performance Living Coach from www.eatwellmovewell.net and you can listen to my straight talk mind and muscle podcast sponsored by www.realketonesaustralia.com the best and most effective ketone supplement on the market to reduce anxiety, enhance brain performance and supply twice as much energy as glucose.

links for my former shows are here- spotify: https://open.spotify.com/show/1rlAGRXCwLIJfQCQ5B3PYB?si=UmgsMBFkRfelCAm1E4Pd3Q Facebook- https://www.facebook.com/DRN1Life Itunes - https://podcasts.apple.com/us/podcast/straight-talk-mind-and-muscle-podcast/id1315986446?mt=2 YouTube- https://www.youtube.com/playlist?list=PLpt-Zy1jciVn7cWB0B-y5WATyzrzfwucZ Google - https://podcasts.google.com/feed/aHR0cDovL2ZlZWRzLmxpYnN5bi5jb20vMTA5NDc4L3JzczI?ep=14

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Too much seems to be happening in Pakistan on the political, judicial and army fronts. After the comprehensive victory of Imran Khan's party, the Pakistan Tehreek-e-Insaf, or PTI, in the recent byelections to the Punjab Assembly, an intervention by the country's Supreme Court allowed PTI's alliance partner, Pervaiz Elahi, to take oath as Chief Minister of Punjab on July 27. A damning report in London's Financial Times newspaper accused former Prime Minister Imran Khan of accepting funds for his party from a UK-based charity, something prohibited under Pakistani law. Very public differences have surfaced over the past few days among top judges of Pakistan's Supreme Court over the appointment of judges to the apex court. Army chief Qamar Javed Bajwa took the unusual step of speaking to an American State Department official seeking IMF funds for Pakistan, setting off a fresh round of criticism against the very civilian role of the Army in Pakistan. Will Shehbaz Sharif be able to hang on as Prime Minister till the next elections in 2023? Or will elections have to be advanced? Is it advantage Imran Khan? Who will be the new Army chief when Bajwa finally retires in November this year?  Guest: Rana Banerji, retired Special Secretary in the Cabinet Secretariat, and former IAS officer. Host: Amit Baruah, Senior Associate Editor, The Hindu.

Major Gaurav Arya talks to Sanjay Dixit about the dual rule in Pakistan and West Punjab after PTI's Pervaiz Elahi becomes Punjab CM, and Economy, Army, and Afghanistan playing truant.

Wootton T20 Cup hosted by Pakistani business tycoon Arif Naqvi in the early 2010s had matches between Peshawar Perverts and Faisalabad Fothermuckers. In episode 1,046 of #CutTheClutter, The Print Editor-in-Chief Shekhar Gupta looks at Wootton Cricket & it's links with Imran Khan's PTI

Plenty of angst over the White Sox and PTI's Michael Wilbon in studio.

PTI's Michael Wilbon in studio on the Bears, college football and plenty more.

PTI's Michael Wilbon prefers the Bears stay in Soldier Field.

Our series looking to break the echo chambers and talk across the aisles continues with this episode. Uzair Younus, Bilal Lakhani and Nayab Gohar Jan comes on for a debate on who is to be blamed for the current crisis. Is it PTI? Is it PDM? Is it the Establishment? Watch now! The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89

Welcome to Church Pew Sports Ep 69 - A CPS Tip Of The Cap To "PTI" This week we pay homage to one of the best daily sports talk shows in the modern era - Pardon The Interruption on ESPN. We dive into a wide array of topics with a timer moving things along, welcome in a couple guests for their "5 Good Minutes" segments, and have some fun adding a few special touches of our own. We cover it all - from the big sports to the mass consumption of hot dogs! This week's CPS Starting Host Lineup: Bill Hobson Pastor Paul Miller Pastor Dan Davis Kyle Taylor You can also listen to EVERY episode of CPS by visiting Churchpewsports.com/ We would love to hear your thoughts, comments, and questions. Reach out to us at: churchpewsports316@gmail.com Stay connected to Church Pew Sports on Facebook and Twitter @CPewsSports316

In this edition of #GlobalPrint, ThePrint's Senior Consulting Editor Jyoti Malhotra explains why there is such chaos in Pakistani politics, with Imran Khan's PTI party winning 15 seats in Punjab byelections, supposed to be the stronghold of the Nawaz Sharif PMLN and whether Imran Khan could be PM again sooner than later if elections are held early in Pakistan Watch #GlobalPrint

In this episode, we discuss the three-way contest in Parliament to elect Sri Lanka's new president, Ranil Wickremesinghe, after Gotabaya Rajapaksa fled the country and resigned last week amid an astounding protest movement. We also unpack heightened tensions between the Sri Lankan government and protesters, and what the political implications of this dramatic reconfiguration of political roles will be. In Around Southasia in 5 minutes, we look at Myanmar junta's attempts to roll out Chinese-built surveillance cameras across the country, arbitrary travel restrictions and harassment of journalists and activists in India, Pakistan Tehreek-e-Insaf's (PTI) landslide victory in Punjab by-elections, and more. Plus in our culture section Bookmarked, we talk about ‘14 Peaks: Nothing Is Impossible', a 2021 Netflix documentary that follows Nepali mountaineer Nirmal Purja's quest to summit all fourteen of the world's 8000-meter peaks in seven months, plus our monthly recommendations for reading and watching. https://www.himalmag.com/southasiasphere-sri-lanka-next-president-elections-in-punjab-14-peaks-and-more/

On today's episode of “Buck Off with Christopher Renne,” I am joined by Jordan Williams, and we get into Ohio State's most breakable 2022 records and some of the recent NIL news around the football program. To start, we discuss the announcement of Ohio State NIL fund The Foundations $1000 entry event to meet Ryan Day and Chris Holtmann. We talk about the amount of money that goes into running a football program in the modern age. Then we get into a conversation about how people in charge can not be mad at boosters because they had every opportunity to provide safe guards before the supreme court ruling. After that we get into a discussion about the ACC, SEC, and the B1G media days that are happening this week and next week. The B1G meets next week so we discuss the big conversation topics that might get brought up. We talk about the most interesting stories out of the SEC and ACC including a lot of sports business talk in regards to the TV deals. We also discuss the leverage of each conference in their current states. Once back from the break, we get into jersey numbers and then we get into a long conversation about the records we think will be broken next year. Outside of single game records we narrow the focus down to offense and talk about why C.J. Stroud and Jaxon Smith-Njigba can rewrite the record books. To close out the show, we get into our SEC preview going through all our categories. We talk about why Alabama and Georgia are still the favorites to win the conference. The rest of the conference is playing catch up and we discuss if there are any real threats. We close out the show with a PTI style Big Finish to go through the biggest storylines for the SEC entering the season. Connect with the Show: Twitter: @BuckOffPod Connect with Chris Renne: Twitter: @ChrisRenneCFB Connect with Jordan Williams Twitter: @JordanW330 Learn more about your ad choices. Visit podcastchoices.com/adchoices

On today's episode of “Buck Off with Christopher Renne,” I am joined by Jordan Williams, and we get into Ohio State's most breakable 2022 records and some of the recent NIL news around the football program. To start, we discuss the announcement of Ohio State NIL fund The Foundations $1000 entry event to meet Ryan Day and Chris Holtmann. We talk about the amount of money that goes into running a football program in the modern age. Then we get into a conversation about how people in charge can not be mad at boosters because they had every opportunity to provide safe guards before the supreme court ruling. After that we get into a discussion about the ACC, SEC, and the B1G media days that are happening this week and next week. The B1G meets next week so we discuss the big conversation topics that might get brought up. We talk about the most interesting stories out of the SEC and ACC including a lot of sports business talk in regards to the TV deals. We also discuss the leverage of each conference in their current states. Once back from the break, we get into jersey numbers and then we get into a long conversation about the records we think will be broken next year. Outside of single game records we narrow the focus down to offense and talk about why C.J. Stroud and Jaxon Smith-Njigba can rewrite the record books. To close out the show, we get into our SEC preview going through all our categories. We talk about why Alabama and Georgia are still the favorites to win the conference. The rest of the conference is playing catch up and we discuss if there are any real threats. We close out the show with a PTI style Big Finish to go through the biggest storylines for the SEC entering the season. Connect with the Show: Twitter: @BuckOffPod Connect with Chris Renne: Twitter: @ChrisRenneCFB Connect with Jordan Williams Twitter: @JordanW330 Learn more about your ad choices. Visit podcastchoices.com/adchoices

PTI's Michael Wilbon joins the guys for his weekly conversation.

PTI's Michael Wilbon talks Cubs, baseball and some NBA too.

In this episode, Founder and CEO of Practice Freedom U, Jamey Schrier, talks about hiring and retaining staff. Today, Jamey talks about changing how business owners see employees, the 3X rule, and digging deep to find clarity. What can business owners do to hire the right people? Hear about the importance of being inspired by your vision, successful marketing strategies, slowing down the hiring process, and get Jamey's advice to his younger self, all on today's episode of The Healthy, Wealthy & Smart Podcast.   Key Takeaways “Besides you, your employees are the most important people in your business life.” “Meet your prospects where they are.” “Employees want to work for a company that has a purpose.” “The first person your vision needs to inspire is you.” “When clarity happens, you get power, you get confidence, and you get dialed in. When you have that kind of focus, that's where magic happens.” “We've become infatuated with advancement. We've become infatuated with certifications.” “Hire for traits. Train for skill.” “If you are a business that's growing, then you can never stop looking for talent.” “Having a process and slowing things down is critical.” “Be vulnerable. Be open.”   More about Jamey Schrier Jamey Schrier, P.T. is a best-selling author, speaker, and Founder and CEO of Practice Freedom U, a business training and coaching company. Jamey is a former private practice owner, and his book, The Practice Freedom Method has helped scores of practitioners Treat Less, and Earn More, and enjoy a life they deserve.   Suggested Keywords Healthy, Wealthy, Smart, Business, Hiring, Employment, Purpose, Vision, Values, Inspiration, Interviews, Focus, Strategies, Marketing,   Get $200 off Jamey's Course   To learn more, follow Jamey at: Website:          https://www.practicefreedomu.com LinkedIn:         Jamey Schrier, PT Facebook:       Practice Freedom U                         Jamey Schrier Twitter:            @JameySchrier Instagram:       @JameySchrierPFU   Subscribe to Healthy, Wealthy & Smart: Website: https://podcast.healthywealthysmart.com Apple Podcasts: https://podcasts.apple.com/us/podcast/healthy-wealthy-smart/id532717264 Spotify:                        https://open.spotify.com/show/6ELmKwE4mSZXBB8TiQvp73 SoundCloud: https://soundcloud.com/healthywealthysmart Stitcher: https://www.stitcher.com/show/healthy-wealthy-smart iHeart Radio:  https://www.iheart.com/podcast/263-healthy-wealthy-smart-27628927   Read the Full Transcript Here:  00:02 Hey Jamie, welcome back to the podcast. I'm happy to have you on I think you're quickly becoming my most regular guest and I'm really happy and thankful for it. So welcome back. Oh, thanks, Karen. I   00:14 appreciate being invited back and I am honored to be a regular it's like the old school while I'm dating myself here with the Johnny Carson Show. I mean, that's, that's going back and I don't want to date either one of us, but it's like, you know, the regular guests that's on there. They can't find anybody. There. Schreier. He's a felon. He didn't come in there and fill up some time.   00:38 Oh, that's so funny. I think I was watching Seth Meyers and Rachel Drac was on and that's what they said, Rachel Drac is like, you know, someone else was supposed to be there. But I don't know if they got sick, or they couldn't make it. And so they called her that afternoon. She was like, Sure. Tell me about her.   00:55 Oh, I've watched a sports show called PTI. Pardon the Interruption around it takes place right in DC. And one of the guys is called Phil and Frank. It's like, if they ever need anybody, someone's out sick. You know, Frank, I saw he, he jumps in and fills in at any, you know, at a moment's notice. So, you know, I don't know if I'll fill in Jamie. But well, well, you're   01:17 not, you're not filling in, you're just a regular guest.   01:22 Thank you, thank you,   01:23 not a fill in. It's just a regular guest. So today, we're going to talk about something I don't think I've really talked about on the podcast, at least, I can't remember talking about this in great detail. And that is, how to hire people how to retain staff, which, you know, as we were speaking before we went on is a problem, not just in physical therapy right now, but in a lot of industries across the board around the country. So let's dive in. So you have four surprisingly simple ways to hire and retain staff. So let's get to it.   02:03 Yeah, I mean, you know, as we know, it's a difficult marketplace. And I think, you know, this shift isn't just a shift that is, oh, they're gonna have a shift, and it's gonna be all fine tomorrow. No, I'm not gonna say it's not a permanent shift, as far as we're always going to have this difficulty, you know, really finding good people. But I do think it's a shift that is going to stay around as far as what people are deeming important, what people are deeming valuable. And I think it's important for us in the hiring marketplace, that we begin to shift how we as business owners, and that's kind of the position, I always come from being a business owner, and you being a business owner, is how we need to shift our way how we think about employees. You know, it's interesting, you know, I speak to so many people every day, every week, whether there are clients or, or just people out and about and in the business industry, and, you know, I can't tell you, Karen, how many times people talk about employees as a cost, right? It's like, oh, how much are they going to cost and, and I don't know if I can afford them, and all they care about is wanting more money, and this and that, and, um, you know, and it, it kind of, it hits me, because I think the first thing we have to do collectively, at least as a group of business owners is start to shift that your employees besides you, your employees are the most important people in your life and your business life. And if you don't mentally look at them as an investment, just like you look at any other investment you're doing, that will bleed into other things. It'll bleed to how you treat them, it'll bleed into some of the things you say are some of the things that you create or benefits or whatever the case is. And I've seen that so often, I used to do that, because I used to kind of think that way is they were a cost come in, do your job, shut up and just leave me alone type of thing. And you know, that is not the right way. It's never been the right way. But now more than ever, that's kind of the premise of all of this is shifting in these people are an investment. And investments are things that you want to nurture. You want to help you want to grow, you want to be assets. And I think it takes that fundamental shift before anything, because if not, everything just becomes an empty strategy or something but it won't hold. It won't have teeth to it. If there isn't that shift and how we think you know what I mean?   04:54 I do I do and I think that's a really great distinction that you made that you for employers to look at their employees as a real investment, because if that employee is nurtured and you help them grow, if they can help grow and expand your business in ways that you never thought could even be possible.   05:17 Exactly. And it sounds simple, it's easy to read in a book or listen on a wonderful podcast, but actually doing it in the moment is not as easy to do. Because we have wiring ourselves, we have thoughts, we have biases, we have upbringings and influences in our lives, as we all do. And these things, you know, whether you call them, you know, limiting beliefs or negative biases, we have all of these things that start to affect how we think and how we communicate. And how we ultimately, you know, put into action, some of these things. And if you don't feel that way, you don't think that way, it will come out, during how you interview how you post an ad. I mean, you know, I can be very honest with you, I know, you know, my ads used to be going on, I don't even know if it was indeed at the time, but going on whatever the latest thing was Craigslist or something, and just looking at another company and just copying their ad. I mean, I didn't know what to say, I didn't really know what I was doing. But I just thought, hey, if the hospital, you know, put an ad up, they must know what they're doing. Because they got you know, a lot of money and they hire good people. So my ad was basically a hospital ad. And what's interesting is, so many so many people continue to do that they, they put up some vanilla job ad on indeed. And they're like, well, this used to work, it ain't working anymore, you cannot do that anymore. It's not going to get you people, and it's certainly not going to get you the right people. You know, the real, the real thing right now is, you know, truly differentiating yourself leading with the positives. And, you know, I know we'll get into this in a second, but really looking at these people looking at these potential employees as investments and learning, how do you meet them? Where they are, right, there's an old marketing term is, you know, you know, meet your prospects, where they are joined the conversation they're having in their brain, which really means is, understand them, perhaps better than they can understand themselves, do your do your research. And, you know, I never knew anything like that. But I think that that's, that's what we all need to do is pause for a second and really understand the type of person that we're looking for, and learn as much about them. And when you're able to do that, you're able to put together what's what's called an employee value proposition, you know, you've we've heard and and we talk marketing, your unique selling proposition, all kinds of different propositions, but this idea of a an EVP and employee value proposition, yes, our job is to seek out and actually sell people on what we have to offer, why they should buy quotes, what we're selling. And it is a different way of looking at it. And for a lot of people, it's uncomfortable, and it's like, I shouldn't have to do that as as some of the things I've heard, you know, I shouldn't have to do that. They should want to work for me, you know, we give the greatest care and, and we're the best at what we do. And we really care about our people and all that it's like, yeah, but so does everybody else.   09:08 That's what I was just thinking doesn't everybody?   09:11 Yeah, I'm okay. And I know you care just a little bit more than I do about quality care. And I know that I mean, but that's, that's the mindset we come with. What we don't come with is we need to put our best foot forward. And we need to understand these people that we are trying I know we hate the S word. But we are trying to I'll say the P word and said persuade them for coming to interview with us. And then if we liked them, persuade them to commit to working for us. And you know what, when you have the ability to get pretty much any job you want out there, you put a posting out that you got 10 potential offers maybe 20 You're in competition with A lot of other people, and you have to realize that and have to do the work. It's not hard work. But it's focused work to understand more about who you're trying to get than you ever needed to do in the past. So that's kind of the premise of the whole thing. Yeah. Yeah. So   10:19 I was gonna say, Is this part of these, like, we mentioned the top kind of simple ways to hire and retain staff, is this part of it? Or is this the background you need to do to get to?   10:32 I think, I think it's the background. I mean, if I mean, you could put it in there. But you know, for this for this conversation, I'm kind of setting the stage of, of the background of where people need to be coming from. I mean, the bottom line is, why should they work for you? It's really that simple. Why should they work for you, because they can work for someone else, no matter what you say, one an hour to an hour. But there's, there's already 10 other people doing the same thing. So you know, one of the things that now we're gonna get into the specifics, you know, one of the things we talked about, you know, we need to treat them like an investment. But it goes beyond that, we need to understand number one thing that every owner needs to do is understand what their worth is. I did some research on this. There's a recent Gallup poll. And they said 60% 64% of employees said that a significant increase in income and benefits. Was there number one won't. Now, which is interesting. It wasn't necessarily number one, a little while ago, it was never number one. For many years, it was never even a top five money was not the focus. Well, it is now and you can't blame them. Because let's say education is a fortune. Right? Some people No, in our industry are saying, it's not even worth it. If you look on paper, just money, you invest in education. And when you get it back, you might be in debt for 20 years before you actually pay it off. Depending if you have 234 100,000, you have inflation, it just cost more to live in some of these cities like yours, and mine, it costs a lot to live wow, you know, you adjust for the insurance that you get, if you do take insurance. It's not covering that. So they expect the employer to do that. So this, this question of, you know, what is their worth? I've heard from so many people that say to me, you know, I can't afford that. And I say, Okay, well, what can you afford? Well, I don't know. And there's the problem. You need to know what this person is worth to your company at the level that you want them working. So for instance, I like to use a three multiple and a typical outpatient example. So if you're a typical outpatient, orthopedics, not, you know, insurance based, most likely, but it really depends. And your multiple of salary, not benefits, not taxes, and it just salary. It has to be at least three times, meaning that if you pay someone 75,000, that person should produce 225,000 in revenue, a three multiple it's just a ballpark. Could it be less than a three? It could be? It really depends how what your expenses are like, what's your rent, like?   13:42 You know, your other overhead and all that kind of stuff to make sure that you can cover all that and still have money for profit, let's not forget, profit. If it's greater than that, you should be really clear you should be fine. So it's our job to really dial in, what can this person generate? And then use that ballpark three times to determine what you can afford. So this shines a light. Karen and I and I've had some recent conversations with people and analyzing their business is shines a light on people's business models, some people's business models, they have this altruistic will I want to do one patient an hour, I'm like, hey, you know, we don't tell people what your model should be. We just tell you whether it's going to be profitable. And it's going to achieve the goals that you want, especially especially to financial goals. So if you do one patient an hour at $100 a visit, I can tell you right now there is no way you're ever going to be able to afford the people to work for you. That stay with you. It's It's literally impossible, because there's not enough money. Let's say it's one patient an hour that's at the greatest 808 A day Don't eat everyday, which is not going to happen. So let's say it's 30 or 35, you know, a week at 100 bucks 3500, that's 14,000 a month, that's 120 450 $160,000 Eat, you're gonna afford $50,000 therapists. And most people don't look at it like that care. And they go into this. And they look at it in the Yeah, but I want to deliver, you know, quality care one an hour, but they don't they haven't done all the numbers, whether they can actually build a business on that. Now, can they work for themselves and be like you and I were talking about before the show solopreneur? Sure, they can do that, you can just give yourself a job. And you might be able to make some decent money, but that's the job, right? That's just a self employed job. And if that's what you want, that's fine. But if you want to hire people and actually build a business, where gives you freedom, you're going to have to make a decision. But that's, that's so many times where people kind of have the wake up call and be like, oh, man, I need to change kind of how we're doing No wonder I don't have any money in the bank, even though we're 90% utilization. And that's a horrible feeling. When you're working your butt off, everyone's working their butt off, and there's still no money. That's a fundamental flaw. So that's, that's kind of the surprisingly simple way is just get clear on what you can afford. Use the three times as just a guideline and see what a you expect them, how productive do you expect them to be? Is it 80% 85%, whatever visits you want, multiply that by how much you get paid per visit, and just see what that looks like. That's where you need to start, then you can answer the question how much you can afford, you can answer the question what the therapist is worth to your practice, how much they can generate. And at least it gives you more data to know if the person says 80,000, and you never given anybody more than 72 You know what you might be able to afford that. And it might be a really good hire if they're a good fit. So anyways, that's that's kind of a the the number one thing that I'll start with?   17:13 Yeah, I think that's great, practical, easy to understand. What's next, what else can we do to hire the right people?   17:20 Yeah. So number two is a biggie. And this is, comes to Forbes magazine talks about this, I call it be on purpose, be on purpose. According to Forbes, employees want to work for a company that has a purpose, right. And we have a such a deep purpose. Us as as therapists, caregivers, we are healers. We're healing the world. And sometimes that message gets lost. Sometimes we forget that message about what we're really doing. Sometimes we speak about metrics and productivity, and we lose the message about what we're doing this for. And other times, it's all about the quality of the quality. And we have a business that is in financial instability. So how do we become on purpose? Well, the first thing is we have to get a vision, we have to get a vision as Simon Sinek talked about a vision as a just cause there was an interesting TED talk that he was talking about, or maybe it wasn't a TED talk, it was just a video, but he was talking about having a just cause a vision needs to be your Northstar. A vision needs to be inspiring. And the first person your vision needs to inspire is you. If you're not inspired by envision, like, you know, caring if it's like, what's your vision, you share a vision and you're like, so, you know, how do you feel about there and like, whatever. If you're not inspired, you're not going to share that vision to others. And if you don't have a vision, we'll put in values. Your values don't have to be these company values that you see in whatever commercials and they're on some rock outside the thing. Values are your beliefs. What do you believe in? What do you believe about the work that you do? Why is this work so darn important to you? People want to be connected to something they can get a job working anywhere. So why do they want to work for you? What are you about? What is your story in your business? I share my story a lot I've shared it on on your podcast many many times. And more people come up to me and say oh my god, I resonated with your story. I didn't have a fire and burned down my place but I've had some really difficult times. We are story people we love movies. We love plays. We love dying. Begin to stories. What is it about your business? How did you get started what it means to you, because during an interview, that's what people are going to connect to. That's what's being on purpose. So take some time and write down what your vision is, what your story is, what your values are, what does this mean to you? And use that with your current team, of course. But also you can use that in your interview process.   20:30 Yep, I love it. That was a huge part of what I did. You know, maybe two years ago, I was really being intentional and looking at mission, vision and values, and really understanding why I do what I do, why I started my practice, why I decided to go out on my own. And it was really enlightening, and made me appreciate the business that I have so much more. So if if you are a business owner out there, and you haven't, like maybe you've written down like a mission, vision and values A while ago, just to have it on your website, or just to do it, I would suggest go back, revisit it and really think about who you are as a person why you decided to start your practice what is really important to you. Another thing that I talked about at ascend, and that we did in the Goldman Sachs 10,000 small business program was they had us find like a totem. So this totem could be, it could be a phrase, it could be a physical object. It could be a mythical creature, if you will, whatever you want. That encapsulates why you do what you do or encapsulates your vision. And I remember thinking, told them, I don't know what I don't know what that what do I told them? And they're like, yeah, just let it. And then I was like, Oh, of course I do. Because it's been my sort of guidance for, I don't know, 18 years now. So even before I moved to New York City, before I started my practice, I was sort of obsessed with the cathedral by Rodin, which is two right hands coming together. So when you look at it quickly, it looks like a right and a left hand is actually two right hands. So it's two right hands coming together, not touching. So I always looked at that is like therapist and patient coming together with space in the middle to kind of grow and move. But you could take that into you and an employee, it could be you and a partner, but it's coming together, but not fully. But having that space in the middle having space for new things to come. So that was kind of my totem. And I didn't even realize it until I did this went deeper into this process two years ago. So I highly suggest people if you've already done it, do it again.   23:08 Yeah, you know it. I love I love your story in a lovely, what you're sharing, you know, I think that as as highly left brain analytical, very smart people. I think sometimes we have a difficult time going deep. Cal Newport, who actually is here in Georgetown universe, Georgetown, you know, talks about deep work going below the superficial. And we have a tough time with that. I don't know if we have a tough time being vulnerable, which I know we do. A lot of people do. But vulnerability is power. That'll be maybe my next talk here. But I you know, we have a tough time of going below the superficial and going into the real deep, where the real work happens. The feelings, the emotions, the connections of why do you do what you do? You don't have to you can do anything you want. Why this? You don't have to start your business. No one forced you to why it's bigger than I didn't like my boss. That's why he started. It's bigger than that. You have to go deeper. And when you do you get such clarity. And because when clarity happens, you get power. You get confidence and you get dialed in. And when you have that kind of focus, that's where magic happens. Because other than that, it's a noisy world and it's easy to get distracted. I mean it's easy to get distracted by everybody else's stuff. So, so important, because here's the thing when you when you are dialed in on your your vision, your story, what who you are I'll tell you what One thing is going to happen, these people are going to come into your world candidates or whatever they're going to know who you are, they're going to know what you're about, they're going to know where you're headed. Now, whether they choose to be a part of it or not, that's their choice. But there's not going to be a confusion about what you're about. And you know what, give me that every day of the week, because what I don't want is there. They're just there. It's kind of like, everybody else, stand for something, draw a line. And it starts by doing that deep work. So that's number two. My next one is, is one of my favorites. It's higher for traits train for skill. I feel as as an industry, that we have become infatuated with advancement. And I don't, and if   25:52 you mean all those initials after your name,   25:56 well, we'll carry on, let's just say it we've become infatuated with, with with certifications, with initials with with almost to say, Karen, I got 28 initials. Karen, I'm better than you. I'm a good person. I'm a great therapist, because I'm really, really smart. Well, guess what, Karen, you were smart, when you graduated, you're smarter than better than 1%, you know, then the other 99% of the world, you were already smart? How much more do you need for you to look in the mirror and say, You know what, you're good enough. You're okay, because you can't remember 90% of the stuff that you're learning anyways, I don't know where that certification and that more and more is better. I mean, there's definitely a financial part there. Because, of course, people get paid for the more education and there's people that are doing that, that are highly paid. But you know, this idea of the more letters the better all be. Now, here's the problem with hiring with that, because you're like, Jamie, we're gonna how's the connection? The connection is this. Because you can get enamored with a resume with someone that has two things, one, a lot of experience, we love that. And to a lot of initials, because in our head, we've taken that, and I've had people tell me that on so many occasions, well, will they have experience in a ton of certifications? I go, and well, I just assume I go, Yeah, I just hope that they would, I thought that they would what? Well, I just thought that because of that they would just be this amazing person that walked in, and they would do things the way that I would do them. They would just own it. And they would just be amazing. And I said, yeah, no, that's not what makes them amazing. You see, being a professional is not about having all that stuff. It's okay to have it if you want to have it if you want to learn, but you know, what? What are the traits, the characteristics that you're looking for with a person? Whether it's a front desk, whether it's a therapist, whether it's a clinical director? Who are they? Who are you looking for, because that the person that's going to walk in, and that's the person you're gonna get. The other aspects the skill, let's face it, we can train someone for any skill that's out there. There is a course for it. There is of course, a certification for him. There is a continuing ed for which you can't really change who someone is. If they're not a timely person, then they're not a timely person. If they're an introvert, they're an introvert. I mean, if you want an extrovert people person and you hire an introvert with a great resume, you're gonna get an introvert with a great resume. But if you hire someone hungry, if you hire someone that just has the, the, the, the characteristics, the character that you're looking for, who believes in what you're doing, who shares your values, of integrity, of timeliness, of commitment of just doing what's right. Give me that person every day of the week, and I will train them on the other stuff. But Karen, here's where some of the challenges occur. What if you don't actually have a training process?   29:33 What if you don't really have a hiring and onboarding process it's kind of some I don't know just something you kind of do. Their lair lies the problem. The real challenge is you don't have that. And if you don't have that you do the hope and pray method. I hope I the worst that kill me is Jamie. I think I hired a rockstar and I go oh boy. Here we go. Because hiring a rockstar is the hope and pray method. In your mind, they're a rockstar because you are hoping that they are because you don't have time to deal with this. Because you need to move on to something else because you are overwhelmed. Give me someone who's passionate about playing the guitar, and I will turn them into a rock star, but a rock star at my place. I don't need a rockstar at someone else's place. Because rarely, if ever, does that convey in someone being that a player at my place. So that's the biggest thing. really sit down, write down what are the characteristics that you want for this position? Are they outgoing? Hi, Quickstart, you know, talk about their emotional intelligence, are they detailed oriented, they follow through communication skills, you know, relational skills, like really get clear again, on the type of person that you want. And if they're not that person, no matter what their resume says, then maybe they might fit another position. But you want to be really careful about bringing them in, because it's an expensive endeavor that you're making. You don't want to make the wrong investment.   31:14 Yeah, absolutely. And I think I'm just gonna repeat that one more time. Hire for traits train for skill, just so people have that embedded into their freight train for skill. Yeah, yeah. Excellent. Okay, what's the last one? Last   31:31 one, expand your reach? Look, marketing is about awareness. The more you create awareness out in the world, the more opportunities and people come to you, we are in the marketing, of looking for candidates. So we have to use that same mentality, we're trying to find good people, we need to ramp up our efforts. So we need more effort. And we need to expand our reach, we need to explore every channel and open every door that's out there and apply a massive amount of action for a long period of time, this doesn't end we are all Talent scouts, it never ends. As long as you're trying to grow, you're always looking for talent. And if there's a if you find someone, you'll figure out a way to bring them in, because you'll know what they're worth to you. So what are some things you can do LinkedIn, had a friend of mine do LinkedIn strategy, which is basically connect with with people connect with I mean, LinkedIn is a 24 hour, seven day a week networking site, they just connected with people just generally connected with people. And then, you know, said, Hey, by the way, you know, I'm looking for this particular type of person. Do you know of anybody? Would you mind sharing the this as sharing his job description? With your network? I'd really appreciate it. They're like, sure. Now, all of a sudden, he had 567 people 10 people sharing this. Within a week, he had someone in Texas, saying, actually, you know what, I'm just finishing up my rotation, which was kind of weird, because it was at the same place that he actually did a rotation at, you know, some massive sports place in Texas. And the person's he's flying them up for an interview here. I mean, that costs nothing. It costs nothing. So LinkedIn, your staff, if you have a decent staff, they like working there, well guess what their staff there, your staff has a network of people, especially your therapists, give them a referral bonus. Ask them to reach out to their people, you know, great way to network. And we've hired lots of people through people that already worked for us. Your past patients, your contact lists, you know, again, sounds simple. Put it out there, hey, we're growing we're looking for and be specific. We're looking for someone to join our team, someone that has these qualities. If you have to every state has a list you can purchase. Right? I did this several times I purchased a list. It wasn't very expensive. They give you addresses, they don't give you email addresses. It's funny, I can actually go to your home right now, Karen, because you're on that list. I can go to your home in New York. But God forbid I can email you. And you can just you can just say unsubscribe or or just delete me, but I can go to your house. I never really understood that one. But that's the way it is. You can purchase a list, you can send them a letter, hey, put your best foot forward send them a great letter about the position. Are they interested? Do they know someone and guess what? Nobody really gets any good mail anymore. They're going to open up your letter. So that's a little more expensive, but it's still worth it. And of course your network pass candidates students. A longer term approach would be have a student program it is the best way to do a 12 week interview with them. And then you know, you know, obviously there's there's companies out there, there's recruiters out there, definitely a bit more expensive. But if you know what the value is of them of the person that you're going to bring on board, then it might be an investment that's worth it to you. So the key is, if you are a business that's growing, then you can never stop looking for talent. And once you do that, you will start to bring in people quality people, look, most of us aren't these massive companies that need 1020 therapists, one or two people can make all the difference. So let's shift your mind out of the idea that there's nobody out there, there's no good people out there, there are, you don't need a million people, what you need is to get very clear on who you're looking for. And you need to put a massive amount of effort behind it into networks. And I promise you'll find somebody a lot quicker than you think. But don't just put an ad on, indeed, that you got from another person. And think that's all you need to do. It definitely takes a lot more effort these days.   36:11 Yeah. All right. So I'm gonna recap. So yes, understanding what would their worth is. So that's that three times, rule. Be on purpose, make sure you have a purpose, be clear on your vision, values and mission. Hire for traits not trained for skill, and finally, expand your reach. So in all great ways, for owners of any business, of course, here, we're sort of talking about physical therapy. But I think great advice for any business owner in this atmosphere that we are currently in, in an economic downturn in a time where it seems like man, I cannot find good talent, right? So it's looking inward at yourself as to what you're putting out into the world and then putting yourself out there to find those right people?   37:08 Absolutely. I got a fifth bonus one if you want. Yeah, let's do it. Bonus one here, slow it down. Kind of contrary, to put massive effort, but hear me on this. So the biggest challenge we have right now, as people, especially as business owners, the biggest challenge we have is a lack of focus. If we could just focus on what we wanted to get done, we'd get it done, because we're doers, and we can get things done. But we can't because of all of the distractions that's going on. Well guess what, most people hire out of reaction of something else happening. Either someone quit, or Oh, my God, we have an influx of people. So you're reacting to that. And when you react to something like that, this becomes emotional. And when it becomes emotional, we basically just want to solve the problem and move on because we're overwhelmed. When you slow it down, you slow it down in the form of a process. It's a hiring process. Right? One of the one of the most important things that I learned that I did is have actually a clear step by step process and not miss any of them. Because when I did this before, quick little story, I didn't have a process for a long time. You know, I had an ad and I put it out there, whatever, and I hired people. But when I was interviewing people, I wasn't interviewing them. I was basically trying to sell them to come in, I would literally ask them a question and give them the answers to it. Hey, Karen, you know, our values is integrity and honesty. And, and you know, we like to have fun. Is that is that? Do you believe in that too? I mean, that's an IQ test. All you have to do is say, Yeah, I do. I don't I thought you did. Hey, this is a great place. I'd love to have you would you want to come on board? I'll give you whatever you want. Like, just, I don't have time for this crap. I got other things to do. Let me bring in probably one of the most important people that I'm ever going to hire. This was for a clinical director job that I did a half hour interview and that was it. That was the entire interview process, half hour hire the person. Unfortunately, the person ends up getting arrested six months later. Why? Because let's see person improperly touched a woman during a screening process. Well guess what my board found out in Maryland. And I was called in an investigation and asked 156 questions and learned a lot about HR learned a lot about having processes, learn a lot about having policies and procedures. And then I started doing much more of a background check than I ever did. Oh, I did his check to see if he had a license in Maryland. Oh, guess what? In another state. He was on probation for doing something very similar. But he didn't report it to me which was on him. He was supposed to but I didn't even check right out of the have, you know, I just assumed that his references were good? So it sounds like well, Jamie, you're a moron. Well, maybe so. But what I ended up creating was a very clear step by step process that slowed me down to make sure I did a resume review, and did a checklist on it. I made sure I did a phone interview, knowing what questions to ask, then I did an in person interview, then I did a work interview on a work shadowing, then we did background checks. And then we did, I slowed down everything to a process. Now you can go through the process pretty quickly. But you're still checking the boxes, because it was a protection for the company. You see this person getting arrested and doing this stuff. That's on me that's on the owner. And then I come to find out that he was a little creepy to the rest of the staff, who of course, never told me anything, because I was very high on this person. So having a process and slowing things down is critical. Because once you do that, you then can continue to do that for every person you're hiring. And eventually, you can delegate that. So that's my fifth thing is, is slowing it down and creating a process in this. Yeah,   41:20 great advice. That's a crazy story. Holy cow. Oh, yeah. So it definitely behooves you to do a good background check, and really make sure this is the right person for your practice. Wow. All right. So as we wrap things up, what do you want people to leave with?   41:37 Well, I mean, look, this, this is not easy, right now in our world. And, you know, I gave you I gave you, you know, five actual things that you can do right now. And, you know, it's, it's hard. And you know, one of the things that I've that I've created during my turmoil as a business owner for 15 years is I created my own process. And I turned that process, actually into a program into a course called the right fit hire course. And I've used it in my own business ended up hiring really great people, you know, quadrupling my business and ended up selling it. And now I've used it with hundreds of other people. And what I'd like to do is I like to offer that to your audience. The courses is normally for 497. But I'd like to offer your audience take $200 off, you know, just just, you know, you'll, you'll you'll put the link up there. But you know, it's, this is going to save you a ton of time, ton of energy. It's already split up into how to, you know, recruit great people attract great people qualify them, what the interview questions are, how to do the checklist, it even adds job description, sample, job description, sample ads, sample offer letters, it has all the done for you templates, I did all of that stuff. It even has an onboarding process, and even a training process. So it goes through all four of those components, how to bring in people how to qualify them, and onboard and train them. So it's, it's 297, you'll see you'll see all the things that includes on there. But that's, you know, I want to help people during this trying time, and it's just something that I've used, and so many other people have used successfully that I think would be very beneficial   43:26 to your people. That's incredible. So again, if you're listening, head over to podcast dot healthy, wealthy smart.com. In the show notes of this episode, we'll have a link. So one click will take you right to this, this is a great opportunity. So if you are in the hiring mind, I highly suggest for you to check out this course from Jamie, thank you so much. Now, Jamie, where can people find you?   43:49 Oh, they can find me at Jamie at practice freedom. you.com. If you want to email me personally, you can go to the website, which is practice freedom you the letter u.com You can check that out. And yeah, and I'm all over social media, you don't have to look far. And you'll see me all over there. And yeah, if you want to reach out, say hello, feel free to do so.   44:11 Perfect. And again, we'll have all those links in the show notes as well. So last question, what advice would you give to your younger self? Now you got to keep coming up with new pieces of advice.   44:22 This is the hard part. No, I mean, the pieces of advice is you know, and I think about this more and more. It's like, Jamie, be vulnerable. Be open. One of the books I read, you know talked about being a broken, broken, open heart warrior. Be a broken open heart where we all are broken, we're not perfect, but just open your heart allow the good stuff coming in. There's a lot of great people in the world who want to help you. But it's hard to be helped when you think you know it all and you're closed off and you're and you're just resistance and And I've been like that for so long for so many years and my world changed when I just started to be open and vulnerable and saying, You know what, I don't have all the answers. And that's when so many good things started coming in to my life. And I always try to remind myself when I start to get a little bit of too much ego and remind myself a little bit of, you know, be vulnerable. It's a powerful thing.   45:22 Yeah, I love it. That is excellent advice. Jamie, thank you so much for coming back on the podcast. I know this information will help so many people. So thank you so much.   45:33 Thank you, Karen. Appreciate being back. Absolutely. And   45:37 everyone. Thanks so much for tuning in. Have a great rest of your week and stay healthy, wealthy and smart.

Tony opens the show by talking about a lost treasure from Dave Barry that he found, and also how PTI had to adjust after getting the news that Rafael Nadal withdrew from Wimbledon, Liz Clarke of the Washington Post calls in to give her thoughts on Nadal and Wimbledon, Jason La Canfora of CBS Sports calls in to talk about Baker Mayfield getting traded to Carolina, and Tony closes out the show by opening up the Mailbag. Songs : Natalie Hamilton “Show You My Love” ; “On the Radio” Learn more about your ad choices. Visit podcastchoices.com/adchoices

PTI's Michael Wilbon on the Bulls' off-season plans and Kevin Durant's future. Plus, Pat Boyle weighs in on the Hawks trading Alex DeBrincat away.

Asad Ali Toor is a Pakistani journalist and vlogger. He currently reports from the Supreme Court of Pakistan. He has also worked as a producer for the Aaj News. Asad Ali Toor comes on the podcast to discuss the recent arrest of Imran Riaz Khan, the fascism of the state, PTI, PDM, Journalistic ethics and intelligence agencies approaching journalists. The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters: 0:00 Imran Riaz's arrest and PTI's response 4:00 Asad Ali Toor's case 7:00 Asad Umer and Military's control of PTI 9:45 Abhi walay bhi toh selected hain 11:45 Being labelled a Jiyala or a Patwari 14:!5 Why don't you support PTI's stance? 18:00 Civilian Supremacy and Military Intervention 20:00 Journalists working for the Establishment 23:00 Meeting judges and journalist ethics 30:00 Youtube Journalism and a journalist's credibility 38:00 Hearsay, Sources and Evidence in Journalism 48:00 Difference of opinion in the Institution 50:30 Sexism, choice of words and being cancelled on Twitter 59:30 Attacks on Journalists and Being gaslighted online 1:08:00 Conspiracy Theories and Tourism

In conversation with Ashraf Jabbar Qureshi - One of the founding members of PTI(Pakistan Tehreek e Insaaf) which brought us many insights and stories related to the political situation in Karachi, PTI's background and its journey and Mr. Ashraf's manifestations related to the political landscape of Pakistan.

What is the Bulls plan now that Rudy Gobert is off the table? Plus, a rundown of all the NBA free agent moves. Also, PTI's Michael Wilbon joins the guys to discuss the Bulls and free agency.

Rich Fettke has a passion for helping people improve their businesses, grow their wealth, and live more fulfilling lives. He is the author of The Wise Investor, Extreme Success, and the audio program Momentum. Rich is also a co-founder of RealWealth®. Since 2003, the company has helped over 60,000 members improve their financial intelligence and acquire cash-flowing income properties — so they can live life on their own terms. As a licensed real estate broker and an active investor, Rich was selected as a Rich Dad Author for his expertise as a Wealth Mindset Expert.   The real estate industry is not easy for everyone to jump into. If you have just gotten your real estate license and feel you need extra support before getting your feet wet, or if you are an experienced agent looking to take it to the next level, you may decide to get a real estate coach. Rich who is a coaching mentor and investor will discuss the value of having a coach and mentor and what you can expect to find in his new book.   Episode Links: https://realwealth.com/ https://realwealth.com/the-wise-investor-book/ --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everyone, welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by Rich Fettke, who is an author, investor, coaching mentor, surfer, among many other things, and Rich is going to be talking to us today about some of the mistakes he seen investors make the value of having a coach and mentor as well as what you can expect to find in his book, which is soon to be released. So let's get into it.   Rich, what's going on, man? Welcome to the Remote Real Estate Investor. Thanks for hanging out with me.   Rich: Good to be here. Great hanging out with you.   Michael: Super excited. So before we hit record here, you and I were chatting a little bit about some sports where you both share in common, but I would love if you could give our listeners a little bit of insight into who you are, where you come from and what it is that you're doing in real estate today.   Rich: Sure, absolutely. My name is Rich Fettke and yeah, interesting. The way we got into real estate investing, I'm an I'm an investor and my wife and I also have a company that helps investors but that was what really got us into it was despair. It was about it was exactly 20 years ago, I was on top of my game, I had a book deal, just signed with Simon and Schuster. I was a business and personal coach had a thriving coaching practice, I was giving keynote speeches all over the country. It was like I was just crushing it and I felt so good. I was 37 years old and then I was diagnosed with melanoma, which is an advanced skin cancer but that's not the biggest deal is that they thought it spread to my liver.   So they had me do a CT scan and ultrasound and it kept showing these masses on my liver and so I met with an oncologist and he said, you know, it looks like you got about six months to live and we had a 10 year old daughter. Yeah, it just rocked my world, I had a 10 year old daughter, a three year old daughter. My wife is amazing but she was a stay at home mom and so she was freaking in the sense of what am I going to do financially if Rich dies and so she started to she had a as a coach, we were doing things together, she was also a trained coach and so she had this small radio station in San Francisco that she used to do a radio show on about all areas of life being your best self and personal development and all and she said I gotta figure this out. So she started to help people on that were financially successful, and was interviewing them about how do they create wealth and how do they create financial success and most of them turned out to be real estate investors. No surprise, so she came home all excited. One of them was a mortgage broker and he said, if you get your license, you can come become a mortgage broker. This is about 2003. So you know, things were still the mortgage world is pretty easy back then. So she went and did that. In the meantime, we figured out I had a PET scan, which is the most advanced scan for cancer, and it showed me cancer free. So it was just it was a false diagnosis. It was just hemangiomas little clusters of blood vessels on my liver but that was enough for me to go for those three months of not knowing if I was going to be alive, it was enough to give us the kick in the butt to get out and, and make things happen. So Kathy, and I see after that after I was healed, we started to invest together. We bought a bunch of properties in the Dallas, Texas area and it just took off from there and then Kathy started to help other investors with their mortgages. We had a bunch of friends and family saying, tell us how are you doing this? We you know, how are you doing this out of state investing and so we started we formed a group that we thought would be just a small group of family and friends and people that listen to the radio show. We thought it'd be a couple 100 people and today it's over 64,000 members now at real wealth that we're helping invest.   Michael: It's pretty amazing. Richard, good for you guys, so I I'm curious in your coaching business before you got diagnosed, did you ever come across real estate investors?   Rich: That I coached? Yes. Yeah and my mindset was, I want to invest in real estate someday when I have enough money and so and I was thinking I needed, you know, several $100,000 you know, to buy that first rental property or first investment, not realizing the power of leverage and how much banks love to lend money on real estate and so that was that was the eye opener for us.   Michael: Okay, I love it and what made you go remote? I mean, you're in California and your wife live in in San Francisco. Why did you pick to invest outside California?   Rich: Actually Robert Kiyosaki. It was she because Kathy was on the San Francisco radio station she was and it got bigger and bigger or she was able to attract some pretty big names and then this guy who had just written a book called Rich Dad, Poor Dad, not long before that, and he had this cashflow game that he was promoting and we had a friend who was his distributor for crypto cash flow game back in the day and so he was on the radio show, and he warned Kathy's listeners to sell their overpriced California properties and to invest in Texas and so we took his advice. Not we didn't sell all our expensive property, sadly, because 2008 crushed us with our California properties but it was, you know, he just saying for cash flow and what's going to happen, he was currently kind of calling out what was going to happen in 2008-2007. That's what sent us out of state.   Michael: Love it. So you also recently have written a book, haven't you?   Rich: Yeah, I just finished my second book. 20 years later, well, I have an audio program back then, too but yeah, it took me 20 years to write my second book and it's called the wise investor and it's a lot different than my first book that was mostly coaching focused. It was a nonfiction, basically a personal development book and this book is a modern parable. So it's story forum, and it tells a story of creating financial freedom and but also living your best life.   Michael: That's awesome and why did you decide to write it?   Rich: Interesting process, you know, I've had my own coach, to walk the talk to over the last 25 years now, I started coaching 25 years ago, and this coach that I that I still talk to every week, or every other week, now, he kept kind of he had read my first book, so he's always kind of knocking on me saying, when are you going to write your next book? When are you going to write your next book and I was like, I'm too busy running this company, you know, we have 27 employees and but then what we did is we applied story branding to our company. Are you familiar with that story branding?   It's a guy named Don Miller. He wrote a book called Building a story brand and it's all about basically telling the hero's journey, Joseph Campbell's work, using the hero's journey, just like great movies, do great books do weaving a story where your customer is the hero, and you are the guide. So the company is the guide, you help your customers and so we changed everything on our marketing around that, and how we served our members as being the heroes and I just got into this whole storytelling thing. I'm like, this is fascinating the structure of how to write a story, a compelling story that engages people that elicits an emotional change all that and so one day when in a coaching session, I said, you know, if I was going to write a book, I'd probably tell a story and then he heard that and you just like, What do you mean, tell me more and then that was the spark. So then then I get obsessed with it and I'm like, I could write a parable about what I've learned over the last 20 years as an investor, what I've learned in the last 25 years as a coach, yeah, and kind of weave them together into a story.   Michael: How cool and without giving away too much of the book. I mean, what could people what should people expect to find when they when they get a copy?   Rich: Basically, it's about this family, man, his name is Ryan Brooks and he's like a hard worker. He's got a wife, he's got a couple kids, and he's making a decent six figure income maxing out his 401k but he has no time for his wife or his kids or even his life and he's not investing. He's basically what we call today, Henry, right? A high earner, not rich yet. So he's…   Michael: I love it.   Rich: Yeah, they're out there does a lot of people you know, especially in California, where I'm based, and that make a lot of money, make a good income, but they're not rich, they're not wealthy, and they're not investing their money. They're spending it on things and so this guy is, is in that same trap. So he just starts to learn from he meets this new friend and mentor, who takes him out on adventures. Of course, it takes him out climbing takes him out mountain biking in in the sessions, when they're having fun together. He teaches him about investing about how wealthy people think, how rich people operate, and how and how poor people operate and think and he really goes over the difference between, you know, truly wealthy people, and people with a lot of money. He even says, you know, I know some people who are so poor, all they have is money and I see that in Malibu, you know, where I live there's a lot of has a lot of money and some of the people are really stoked and really happy and getting the most out of life and investing their money at some of the people are grumpy and miserable and, you know, that's rich in money but not in life.   So there's a lot of lessons about helping Ryan Brooks and his mentor walks them through this on how to invest how to how to really look at life through a different lens. One of my favorite things a mentor says to his mentor is about assets and he just kind of puts it in a different frame. He's like, you know, assets is are anything that will provide you income, or better health or happiness or two time and liability is anything that detracts from your income, or your health or your happiness or your time. So it's kind of a cool that type of perspective is this mentor is like, he's the me I hope to be in the future. He's that in that wise investor who's you know, he's got it all together, he's got this sage advice. He's very stoic, but he shares these lessons. So it covers the journey of five years of when they first met, and Ryan Brooks is struggling and just doesn't know what to do and it shows five years later, what happens and how he becomes wealthy in more ways than just money. I love it in money, too.   Michael: I love it. I love it enrich. Where can people find the book?   Rich: It's on Amazon, all major booksellers, published through Rich Dad advisors. So Robert Kiyosaki wrote the foreword for me, which I'm very grateful for… Come full, full circle, right.   Michael: Totally.   Rich: Yeah. So it's on Amazon. It's called the wise investor. Subtitle is a modern parable about creating financial freedom and living your best life. I got the cover right here. So it's out on eBook. This is what the cover looks like. Perfect. So it's out on eBook. But the printed version, the hardcover and the audio book won't be out until August and it's because of just like real estate supply chain issues. There's not enough paper at the printers, so it's a long wait six, seven months now to get a book printed.   Michael: Holy smokes…   Rich: Isn't it wild?   Michael: Yeah, okay. Well, I'm interested, get your order in now, because it might be a while.   Rich: Right, yeah. So hopefully it all comes out in August. Hopefully it comes out earlier in August but yeah, and the audio book was, that was a fun challenge for me. Big goal, because, you know, it's a story and there's 10 different characters, females, older people, young kids, so I had to become, I had to learn some voice acting skills over the period of a couple of months and really practice it. Oh, how can I think I pulled it off, we'll see how the reviews are.   Michael: Right on. That's great. Well, Rich, I'm curious to get your opinion on something because you're a coach, I will also work as a coach and there are folks out there that say you can take the horse to water, but you can't make him drink and so thinking about kind of the Henry's out there, and I think a lot of our listeners might find themselves in this boat, too. They have friends, family, folks around them that don't get real estate investing, right? I have a six figure job, I got a great job, why would I bother investing, I can make more money at my job. So what do you say to all those people and really, how do you position investing in general or real estate investing specifically to the people that think they haven't really good as things stand?   Rich: Yeah, I mean, first of all, you know, as a coach, I'm going to help point out what is good first, you know, this is the way I coach, the gratefulness piece and, you know, it's like, well, you know, be stoked on that six figure job, or whatever it is and it's about creating freedom and so many people don't have that freedom and that's what the Henry's don't have. If they have a short runway, if they stopped if they lost their job, which we've seen happen, they don't have many months left of cash flow, to be able to live their lifestyle, or any type of lifestyle. So that's the biggest thing would be that, do you want to create freedom for yourself, and not have the stress of losing your job, or wanting to move to a different job, if you're not loving what you're doing, a lot of people stay trapped, struggling, just trapped in their jobs, because it's like, this is my income, this is the way this is what I need to make ends meet. So that's the biggest thing, it's really about having your money, make money, so you can create freedom in the future freedom of time and everything. I think that's the biggest one and then so then flipping on the other side, there's something too about America, in the world that we are preprogrammed.   When we think invest, we think stock market and you know, I have nothing against it and Kathy and I are and my wife and I are invested in the stock market, but our major focus and the big aha, back through that story is, you know, we were doing that we were contributing to our IRAs and, you know, doing everything we were supposed to do investing in the stock market. But when we learned about leverage the power of leverage and how you can like 5x your money, just through the power of leverage. I mean, that's a standout and that's one of the lessons the mentor goes over in the book. He, he has Ryan compared to say, say you have $200,000 to invest and you invest 200,000, and gold, you put 200,000 and you buy, you buy maybe 400,000 in the stock market on that, you just leverage it and then you invest that same amount into real estate and then he kind of plays it out over five years, and over 10 years, sorry. So he's like 10 years later, and he said, so how much would the gold be worth at the same appreciation that's gold has been at and they look at that outcome and he said, oh, now let's look at your stocks and he looks at that. It's like good, he's got a decent return. Another investment, you know, he's got home and he's like, almost tripled his money but then the real estate, he looks at it, and he's 5x his money and more and then he's like, and that doesn't include the cash flow. It doesn't appreciate all the depreciation write offs and the tax benefits. So it's kind of like an eye opener to be like, oh, wait a minute. Now I see the, you know that the angels sing about investing in real estate and all those amazing, amazing benefits.   Michael: Totally, totally. Yeah, that makes that makes complete sense and curious, rich to get your thoughts on when looking for a coach because I think that that's something that some people have trouble wrapping their head around, it's like, oh, I you know, I don't have a coach in life and so I would never be inclined to go get a coach or pay for coaching and so if people are inclined to do so if people are okay, accepting that, what are some things they should be looking for when selecting a coach, or a mentor or whatever, you'd have someone to help walk them through their journey?   Rich: Yeah and that's a great question. It's like, I'd actually like to start step back a little bit, because you said what if they want to coach I would even go as far as there's a lot of people that I meet who say, Why do I need a coach, you know, I can hold myself accountable. I, I know how to set goals. I know how to go after what I want and everything in so why would I… Yeah, like you said, Why would I even pay someone or do anything like that and it's, you know, it's that age old metaphor or an analogy of an Olympic athlete, right? Did they get to the Olympics without a coach? No, you need someone to point things out. So for me, I know the power of coaching has been incredibly amazing because I have a coach to basically hold up the mirror to ask me the questions that I'm not asking myself, to help me look at myself and be like, you know, asking those tough questions. How are you operating? Are you being your best self? Are you, where are you getting in your own way? What's that inner Gremlin in your head saying to you? What's your limiting beliefs and what are you going to do here, what and look at new perspectives, new ideas. So there's a power in that, that it's called, I'm certified in CO active coaching, which is two people, you know, when you come together, you come up with ideas that you neither would have thought about their own? So that's another powerful piece of coaching. So that's, that's the first part of my answer and then the second part is, when you're looking for a coach, I think it's really what you're looking for.   So are you looking for a mentor, which is I think, different than a coach, a mentor has kind of been there, done that, just like the mentor, and in the book I wrote, he's been there and done that. So he can say, if you just do what I did, you will be where I am, which is awesome, and very valuable and that's a mentor and I think some people are looking for training and consulting, where they sign up for a coaching program. But it's more about teaching to learn a specific skill and that's very valuable to so and then the third one would be looking for a coach who's more like that coactive approach where it's someone who I first shared, and what I've gotten from coaching is someone to ask the most powerful questions, someone who's intuitive, someone who can really help you shift your mindset and be your best self and operate at your best self. So that would be a another type of coach or a peer coach in my eyes and sometimes it comes together, you know, I'll say to my clients, do you mind if I throw on my consulting hat right now or my mentoring hat? So they know that I'm stepping out of that coat peer coaching role and be like, you know, I've invested in real estate for a while I can give you some advice here, I'm not going to have you, you know, go and search it and try to learn it elsewhere when I've got it right here, and I can share it with you. So I think that's it, it's like looking for what is it that you want? What are you looking for and that would be the first thing and when I was interviewing for a coach and looking for I've had several coaches over the past 25 years, when I interview a coach, I'm always coming from the place of like, what's the vibe? What's it feel like to be coached by this person?   Do they? Do they ask powerful questions? Are they really hearing me and are they into my vision? You know, I think the biggest thing would be connecting with that coach, and really, really noticing, like, is this coach, really seeing my vision? Do they really get me who I am and what I want what's going to help me be fulfilled in my life, and in my career, and it's just a sense thing. So you can get that sometimes you you're talking to a coach, it's like, oh, this guy's or gals just coaching for the money, you know, just looking for another client. Sometimes you talk to a coach, it's like, wow, this person is really like, wants to coach me on their ideal client and so you can sense that   Michael: Interesting and how should people be thinking about it for themselves? If maybe they're not sure if someone is just getting started out in this journey, they know they want to invest in real estate, that's the goal but they don't know how to approach it to the to coaching and mentoring a consultant. I mean, what are some questions that they could be asking or things they could be thinking about, as they're starting?   Rich: That process gets great, I mean, experience, I would ask for experience and you know, I think it's great, you can find you can definitely find a coach, you know, or whatever they call themselves. They might call themselves a mentor, but it's like asking those questions. and talking to that person, just you know. So here are some of my goals. I know that you invest in real estate, can you tell me about your real estate background? What's your investment, investment philosophy? What have you invested in and I would even ask the coach, you know, what's been your biggest challenge your biggest failure as a real estate investor, you know, get see how vulnerable and real they are and if they're willing to, you know, to share that, and what's been your biggest, you know, what's been your biggest win as a real estate investor and what's your greatest strength? So I would ask some of those questions of a coach and then also like, what's, where do you I mean, real estate investing so broad, right and so it's like, what do you specialize in? What do you know best? When it comes to real estate investing?   Michael: Yeah, I love that. You mentioned tell me your biggest failure, biggest flop. I had a mentor back in the day, and he said, I don't trust anybody without a limp. Yeah, because like the people that have only had successes don't know how to do save no right to ship when things go sideways, and they will go sideways.   Rich: They will, they will. Yeah, I know that people who got into real estate in 2010-2015, who are just, you know, knock it out of the park, and they think they're, you know, superheroes. Sometimes I'm like, oh, careful, careful   Michael: We are all superheroes in this, you know, the last decade.   Rich: Exactly. Yeah, yeah.   Michael: So Rich, talk to us a little bit about what you've seen. Some of your coaching students or mentees get right and what have they gotten wrong because you really we have the beauty of hindsight now…   Rich: When it comes to investing, specifically?   Michael: When it comes to investing specifically…   Rich: Yeah, wrong and it's the same mistakes that Kathy and I made too. And it's that you try to talk people out of it and it's like buying an overpriced property in a non-landlord friendly state that is maybe slightly negative cashflow, or just breakeven, and they're looking at and say, but look at how this is appreciating in five years, it's going to be worth this much and it's like, no, so honestly, that's the biggest mistake I can see and I can see it in single family all the way up to multifamily. You know, just speaking at these conferences and meeting with a lot of people are doing multifamily. They think they're superheroes. They're doing this short term, short term lending short term loans, and bridge loans and really dangerous stuff at this time in the market because it's what's worked in the past and they think that they just like, Well, yeah, it's like, I know, this is a I know, it's only a you know, 2% cap rate, but that's okay because, yeah, just a one in three years… Yeah, exactly, so there's something there's something about, there's something about that. Yeah, it's just it's fundamentals, I think that's what it is, is comes down to investing fundamentals and that's what we preach at our company. It's how we help our investors, it's just really coming back to the fundamentals. Make sure you're doing it right.   Michael: Yeah, that makes sense and what about the other side of that coin for the folks that you've really just seen knock it out of the park? What are they doing and you can't say the fundamentals, you have to pick a different answer go?   Rich: That's great. I love that. Agreed, yeah, what value is that? Really, it's the people who, what I've seen, it's the people who take the long term game plan to the boring investors, the ones who are not trying to do this rapid growth, and trying to 10x their portfolio or 20, exit, or whatever it is. So it's keeping that long term perspective and just, you know, making sure that you can control the properties through any type of downturn and so the lessons learned that that, you know, being going through the whole recession, the Great Recession, and the whole mortgage meltdown, and all that big lessons came from that and so that it's the people who take out long term, continuously reinvesting to so it's like, you start this small, small portfolio, whether it's passive or active, and then you just start expanding and expanding and expanding it and I would say, it's the people who focus on the overall cash flow, not just I mean, brink weaving into appreciation, but looking at it, like five years from now, this is what my portfolio will most likely be doing based on everything, even if there's a recession, or whatever and then looking out 10 years and looking at it 15 years.   So it's that big picture and then reinvesting. The opposite of that would be someone who's I have some friends who were only flipping, so very transactional, and they had to find the properties either flip it and that's where their income was coming through into constantly flipping it and they adjusted the wise ones and the smart ones adjusted and switch to the bur stead strategy and so they started to find these properties, fix them up, but then they would hold them and rent them out and now they're the ones that have amassed a good amount of wealth, whereas the other people who are flipping are still in the transaction game.   Michael: Yeah. Ah, that makes sense, that makes sense. Okay. We've had a pretty good debate on the show over episodes about something called an alligator, which I don't know if you know Michael Zuber at all he's an author of one rental at a time. He's a good friend of the podcast, but in his definition alligators any property, that's negative cashflow, you have to feed it every month to keep continue owning it. So as you're talking about big picture, are you okay? If you say for instance, take out a cash out refinance a property to make that property a go negative, but to buy property B and now your global cumulative cash flow is greater than that a property a alone.   Rich: I'm in the camp of no, don't, do not no, no negative cashflow and negative cash flow and I'll be completely honest and transparent that the house at Kathy and I were in in Malibu before this, we bought it, we fix it up, we bought it for $747,000 in Malibu, which is rare, hard to find, it's like unheard of. Yeah, it was like it was a one bedroom, one bath built in 1927 and we had to completely gutted it and rehab and we put about 300,000 into it and then we didn't get permits. So we got busted in that process and now there's still a lien on title from LA county building department and so we can't sell that place and we can't even get a refi until we get those liens off title and get it all permanent everything which is a, that's a whole different stories…   Michael: Trying to get us to do an entire podcast series…     Rich: Coastal Commission and all that stuff. So oh my gosh, so we have a tenant in there and it's slightly cash negative cash flow. So that's like 150 to 200 a month negative cash flow.   So being completely honest, we do have a negative cash flow, it drives me crazy and that house has gone up probably $400,000 over the last couple of years in value. So we could look at it that way. But we can beyond that everything that we hold is positive cash flow, even if it's just like $100 a month positive. That's fine and if we're going to do a cash out refi we make sure that it's appreciated enough where we can do that cash out refi and not have the loan payment, PTI go over what we're gonna get for rental income.   Michael: Yeah, makes sense. Well, I appreciate you sharing the misstep and the vulnerability here on the show but it wasn't intentional, that was just a series of consequences. That hadn't be negative. You wouldn't you would intentionally do that.   Rich: Yeah, we did bring it on ourselves and but yeah, wasn't intentional. We didn't want to get caught.   Michael: I've played that game before, too. It's a risky one.   Rich: It is. Yeah, so you're always looking out the window and yeah…   Michael: Who is coming in, roday gonna be the day get caught o maybe tomorrow?   Rich: Exactly. When we were almost done. We were building the final deck in the back and all of a sudden, this building inspector shows I'm investigating you because one of your neighbors called…   Michael: I was gonna say but it's probably one of your neighbors.   Rich: Yeah, because it would make the cut and concrete and it was so loud or for the whole week. I think it just drove this neighbor crazy and so it is what it is.   Michael: As soon as a quick aside one of the other hosts on the show with me, Tom he, one of his neighbors called on him he was adding an offer a small prefab office in the backyard of his property. neighbor called he gets in trouble. Same thing didn't pull permits. So now he's going through that whole rigmarole. But the funny part is the neighbor that called Tom found out that their fence is on Tom's property, it's on the wrong side of the property. He's like, thanks for calling and alerting me to that little fact.   Michael: Unbelievable.   Rich: So he's, he's playing that game. How do I how do I want to you know, play my next hand?   Rich: The revenge game…   Michael: That's it, that's it, best served cold on ice. Okay, Rich. Let's wrap up here. I'm curious to get your thoughts. We are in this very unique time in our economy in our market in this country and I'm just curious to kind of get your thoughts on what are you doing, personally as an investor and what are you doing in your business and what are you telling your students to do, as well?   Rich: Absolutely, yeah. I have the benefit of being married to Kathy Fettke, who has been around for a while she's on the on the market podcast on Bigger Pockets and so she's constantly doing her market updates every year, she does predictions and has done that for the last 15 years and then at the every quarter, she doesn't investor update and at the end of the year, she puts herself on the line says okay, here's what I predicted back in January. Let's see how accurate I am and yeah, and she's been really good. She's like almost 95% on her predictions, which is awesome. So I just listened to her. You know, she's always interviewing experts and she's connected with like John Chang from Marcus and Millichap and so many just, you know, experts, as I said, with Kiyosaki and all that. So what she's saying I'll just speak, you know, because I get to hear through her office door when she's doing all her interviews and everything she think He said interest rates are not going to go up that much more, maybe even dip a tiny bit for mortgages, and then maybe level off.   But even though the Feds gonna keep raising the rate, the lender and great mortgage rates can't kind of withstand that going up too much. So she thinks mortgage rates are going to hold around where they are and then there's such a glut in such a need for properties and not enough inventory. It's like a whole different world than 2008-2009. So yeah, I think we're, it's estimates are between three and 5 million homes shy right now, for housing units. So inventory still low and also, there's that whole thing where people are locked into these amazing interest rates, so they don't want to sell. So they just, it doesn't make sense to sell something and when you got a 3% mortgage or lower and go into a higher mortgage, so the real estate is gonna hold strong is what she's predicting, it's even going to increase a little bit rents are even going to increase a little bit surprisingly, even with, with the economy and inflation, rents are still gonna go up a little bit, that's her prediction and then a recession will hit well, most likely, sometime around late 2023, early 2024 but it will be a mild one, just kind of more of a correction that that's needed.   Michael: Okay. Okay and does either her or you think that there will be any kind of pullback in demand as folks go back into the office or are we going to be seeing remote work kind of indefinitely, which I think was a big driver of that single family rental demand?   Rich: Yeah, that's a big one. Yeah and the cool thing is like, we have teams that are like the boots on the ground. So there's different 15 different property teams in our company that find properties and so and we just did a mastermind with them in Tampa, Florida and we spent two days and we really talked about all this exact same stuff. So it's, it's something around not like a big hit on it. There still will be some availability, but not much different than if you look at today's current market right now is not going to be a lot different than that over the next year and a half.   Michael: So for instance, we don't expect there to be much pullback in terms of demand. Dude, because we're expecting people to continue remote working basically…   Rich: There's definitely a return to the office. There's there are definitely companies that are saying no, it's time to come back now that we want to look over your shoulder, we want to hold you accountable and all that stuff. It's so funny, because it's like the surfing lineups are getting a little bit lighter thinning. So funny. Go Oh, it's like why are so many people surfing? Oh, they're supposed to be orange. They think they're working. Their bosses think they're at work right now. Yeah. So I'm seeing a pullback there. So that's my gauge.   Michael: So funny.   Rich: Yeah, but not as much. There's definitely, with so many people how they've learned to use Zoom and GoTo Meeting and being remote and all that stuff. It's we're in a new world, there's no doubt about it. So I think there's going to be a slight pullback on buyers and transactions and all that. As far as the rate, but it's still not going to it's not going to drop to like dismal levels.   Michael: Okay, sweet. Well, we will definitely have to stay in touch and see how you do how you and your wife do on those percentages. Rich, this has been so much fun, man. Thank you again, if people want to learn more about you want to learn more about real wealth, where can they do that?   Rich: For the book? Like I said, it's on Amazon or if people want to learn more, before they buy it, just go to https://realwealth.com/the-wise-investor-book/  and then our website is just simple, real wealth: https://realwealth.com/   Michael: Perfect. Alright, thank you again and I'm sure we'll be chatting soon.   Rich: All right, man. Thank you, it was fun.   Michael: All right, everyone a big thank you to Rich for coming on. Super, super insightful. I know I learned a ton as a coach myself in what to look for in a coach and mentor going forward as well. So as always, thank you so much for listening, and we look forward to seeing the next one. Happy investing…

Tony opens the show by talking about having to do PTI live because they had to react to Serena Williams losing in the first round at Wimbledon. David Aldridge of the Athletic calls in to talk about Kyrie Irving's decision to stay with the Nets, and John Wall moving on to the Clippers. Steve Sands of the Golf Channel calls in to talk about the continuing defections from the PGA to the LIV tour, and Tony closes out the show by opening up the Mailbag. Songs : Norwegian Soft Kitten “Parody in Triplicate” ; Dan Bern “Isao Aoki” Learn more about your ad choices. Visit podcastchoices.com/adchoices

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