American finance author and investor
In episode 114, Raphael (Twitter: @WorkMoneyLife) and Charles aka Todd Millionaire (Twitter: @RealToddBillion) are joined by Bruce Hill aka New Skills New You and discuss the Dave Ramsey's 7 Baby Steps, renting vs owning, how to start on the road to financial freedom, buying assets with a group, starting a side hustle, the importance of increasing income, laddering your income, and much more! People mentioned: Dave Ramsey, Suze Orman Books mentioned: "Rich Dad, Poor Dad" by Robert Kiyosaki Book a podcast coaching call with Raphael here: Calendly.com/RaphaelHusbands Launch your podcast in less than 24 hours with "PodcaSTAR: the Podcast QuickStart Guide" for only $1 (https://gumroad.com/a/829125747/vlrVq) Grab The PodcaSTAR Deluxe podcast course! click here https://gumroad.com/a/829125747/JiDHi Pick up the new podcast merch and support the show at TweetTalkMerch.com PRE-ORDER the brand new course from Charles/ Todd Capital, "Business Automation Masterclass" https://gumroad.com/a/386774131/wdgps for $40 before it goes to $199! Grab all the Todd Capital money-making course here: https://gumroad.com/a/386774131 Follow us on social media: Twitter- Tweet Talk Podcast @TweetTalkPod Charles @RealToddBillion Raphael @WorkMoneyLife Instagram: Podcast- @TweetTalkPodcast Charles- @ToddBillion @Todd.Capital @BlessABlackMan Views Luggage brand @views.at.todd.capital Learn how to make money trading stock options, from Todd Capital! This show's sponsors: Premium shoes need premium shoelaces from Get Laced Laces at GetLacedLaces.com All-natural body care products from Pure Body Co at ShopPureBodyCo.com Okiyefa Shades- The finest shades to fit your style: OkiyefaShades.com
Whether you're a recruitment agency owner who wants to scale, or a recruiter looking to progress their career, you will benefit from listening to my informative and entertaining discussion with Dandan Zhu. Dandan is the Founder and CEO of DG Recruit, established in 2018 to connect top-billers within agency recruitment with top recruitment firms. As such, she has a valuable perspective on what characteristics make both parties attractive to one another. In this interview, Dandan shared her thought process and interviewing techniques. By the way, she does not pull her punches - if you have a fragile ego, don't listen to this episode! Dandan started recruiting right out of college as a full-desk pharma headhunter with 3S Group, a top UK recruitment firm that was rapidly expanding in the US. She became a top rookie/top biller internationally and parlayed her success in technical and executive recruitment into aggressive savings strategies converted into largely real estate investments, retiring at age 28. After 2 years off, Dandan re-entered the recruitment scene by establishing DG Recruit in 2018, a recruitment firm that only services agency recruiters. Episode Outline and Highlights [3:08] Dandan's recruitment story and the secret to her rapid success. [9:42] Investing and retiring at an early age. [12:26] Based on her experience, what advice would Dandan give to recruiters? [17:50] What led Dandan to launch a recruitment-to-recruitment agency. [22:20] What to look for in a great recruiter: Dandan shares their parameters and how they ‘read between the lines'. [26:44] How do you assess whether someone has internal drive and motivation as a recruiter? We discussed the clues and tell-tale signs. [38:47] What are the mistakes agencies make when attracting top recruiters? [58:53] Why technology platforms are an absolute must to increase your chances in hiring the best people. [1:07:17] Dandan's investment portfolio and the mindset shift required for recruiters who want to get rich. Characteristics Dandan Looks For When Interviewing Recruiters “Our candidate speaks for us, if the candidate is not performing well, is not driven… we don't want to do the deal.” That is how Dandan's summarized their guiding principle when it comes to identifying candidates for their clients. She laid out the following non-negotiable characteristics when looking for great placeable recruiters: Track Record For Juniors: Understanding Their Journey Socially Savvy Verbally Adept (Decent Communication Skills) Deep Drive For her, the biggest piece is getting to know if the candidate really understands what recruitment is. Dandan gives direct and hard hitting advice on how she assesses candidates. Why Some Recruitment Agencies Will Never Attract Top Recruiters I asked Dandan about common mistakes that recruitment agencies make when it comes to recruiting recruiters. She was quite blunt in her appraisal of the industry and explained that most agency owners are unrealistic about the sort of person they're going to attract. For example, if the owner isn't a big biller then in Dandan's view it's unlikely they'll attract big billers to join their team. In Dandan's words, why would a top biller join an environment where they're not going to learn and be challenged? She believes that if you're a small firm with only average billings, then you can forget about hiring experienced top-producers. Instead, you'll find more success by hiring recent graduates and training them from the ground up. She also described certain “must-haves” for recruitment agencies who want to hire the best recruiters. She believes most agencies just aren't very attractive and wouldn't qualify for representation by a rec-to-rec agency like DG recruit. Some critical must-haves are: excellent employee benefits (such as health insurance), and the ability to work remotely. She also emphasized the importance of having an excellent platform - in other words, you must provide people with all the right tools for them to be successful. Our Sponsors This podcast is proudly sponsored by i-intro®. i-intro® is an end-to-end retained recruitment platform. Our technology and methodology allows recruiters to differentiate themselves from the competition, win more retained business, bigger fees and increase their billings. Be sure to mention Mark Whitby or The Resilient Recruiter for a 25% discount. Book your free, no-obligation consultation here: www.recruitmentcoach.com/retained Dandan Zhu Bio and Contact Info Dandan fell in love with the recruitment business in 2011 when she started her career at a top international headhunting firm for 5 years where she built out multiple niche & executive search divisions and teams before retiring a week after her 5th year anniversary as a global top producer. As an entrepreneur, Dandan built career coaching business Dandan Global in 2016 and DG Recruit in 2018 while accumulating a robust portfolio of rental properties and crypto investment assets. Dandan travels frequently to coach top recruitment professionals and firms in every major city and speak about topics including sales, personal development, and strategies for life and career success. Dandan also hosts 2 podcasts, the DG Recruit Podcast and Daily DANDAN Podcast, to help job-seekers and recruiters get ahead in their life and careers. While working on DGR and real estate investing is Dandan's primary passion and focus, she is also a huge Harry Potter nerd, dog-lover, avid traveler, foodie, and snowboarder. Dandan on LinkedIn Dandan on Instagram Dandan on Twitter @dandanzhudg DG Recruit website link DG Recruit Podcast link DG Recruit on Facebook DG Recruit on YouTube People and Resources Mentioned Amanda Brandenburg on LinkedIn Rich Dad Poor Dad by Robert Kiyosaki Connect with Mark Whitby Get your FREE 30-minute strategy call Mark on LinkedIn Mark on Twitter: @MarkWhitby Mark on Facebook Mark on Instagram: @RecruitmentCoach Related Podcast You Might Enjoy TRR#108 The Winning Formula: How to Grow a Recruiting Firm to $2 Million in 3 Years, with Amanda Brandenburg Subscribe to The Resilient Recruiter
On today's Finance Friday episode, Robert Kiyosaki reveals how the amount of money you have is a result of your ideas about money. Your beliefs become a self-fulfilling financial prophecy. He encourages you to be mindful of your thoughts about money, to respect money instead of abusing it, to decide what kind of money problems you want to have, and to understand that wealth is a choice.REGISTRATION IS OPEN for next week's FREE Entrepreneur's Mind Intensive online event! If you're a coach, expert, or online course creator, you'll discover how to use my 3-step Boss Brain Method to permanently eliminate the hidden mindset blocks that are stopping you from turning information into action and building your dream business. Save your seat today at:www.seancroxton.com/EMISource: No Longer AvailableGet your FREE copy of The Course Cure here. Hosted by Sean CroxtonFollow me on Instagram
Watch the full video on youtube: https://youtu.be/CMlk3e6UKEI Grant Cardone Bites Back at Robert Kiyosaki After Confrontation! (EGO BATTLE?!) Lawn Care Business YouTube Channel: https://www.youtube.com/mikeandes WEB DESIGN SERVICES: https://www.LawnCareWebDesign.com ❌ ALL HOME SERVICES: https://www.homeservicewebdesign.com/ ⚠️ COURSE: How to Build a $100K/Month Landscape Business: https://www.landscapebusinesscourse.com PAYROLL & BENEFITS: Gusto.com/bootcamp (90 days for free) ⛔️Join Augusta Lawn Care: https://www.AugustaLawnCareServices.com/franchise
Robert Kiyosaki's rich dad would often tell him that learning how to sell is the most important characteristic of an entrepreneur. Today's guest explains what it takes to become a top negotiator to improve your ability to sell. Chris Voss, CEO & Founder of The Black Swan Group and author of “Never Split the Difference: Negotiating as if your life depends on it” says, “A tiny shift from yes to no is monstrous.” This one shift is the most difficult shift to make because we've been hardwired to go for the answer yes. Hosts Robert and Kim Kiyosaki and guest Chris Voss discuss his background, what mindset shift is required to be successful, and how to become a top negotiator.
➡️ Like The Show? Leave A Rating: https://ratethispodcast.com/successstory ➡️ About The Guest Candice Bar is a serial entrepreneur, radio station owner, speaker, mentor, tv and radio personality, and female entrepreneur advocate. Candice s the founder and CEO of Luxe Enterprises which includes several different branches of the company. Her show Luxe Life s currently on several major platforms all over the world and three radio stations across the US. Some of the shows platforms include iHeart radio, iTunes, Amazon Alexa, Spotify, and many more. Bar has had the pleasure of interviewing top celebrities and world renown entrepreneurs. She has turned her passion for people into a large networking empire for the past several years, connecting high net worth entrepreneurs internationally. Some of her passions include travel, fitness, music, art and leading by example as a positive role model for the next generation. ➡️ Talking Points 00:00 - Candice's story. 4:00 - Did Candice ever work a job? 5:42 - What is the point when you start thinking of creating your own business 7:45 - How do you get the idea of starting Luxe 11:00 - How did you manage to get Robert Kiyosaki on Luxe life(podcast). 12:11 - Why Candice started her podcast 13:00 - What are Candice's future plans for her business 14:02 - How does Candice make sure Luxe is a successful brand 15:14 - What is Luxe enterprises 16:58 - How do we get the best quality of podcasts 19:30 - What has Luxe grown into through the years 23:12 - What are some hurdles Candice experienced in her career 25:20 - What Candice recommends about business incubators 27:10 - What are suggestions of Candice to start a business for females and males 28:40 - What are Candice recommendations for starting a podcast 29:07 - How does Candice hire the host 30:20 - What is valuable content in a podcast 31:35 - What are priorities of Candice when she hires a host 32:43 - Do Candice leverage to cross pollinate audience on her other brands 33:41 - Is there is a revenue stream for the podcasters who want to join podcast like Luxe media 34:55 - How do Candice promote her other shows 37:41 - Why is it so important to hire a team instead of doing every thing by yourself 39:46 - How do Candice keeps her team active and excited 40:56 - What were some wins or misses when hiring a team 44:30 - Rolling up your sleeves and building a business 46:30 - How do people connect with Candice 47:54 - What was the biggest challenge of Candice career, and how does she overcome it 49:08 - Who is Candice's mentor 49:50 - What is podcast recommendation of Candice 50:40 - What Luxe media is covering in their podcasts 51:20 - What could Candice tell 20 year self one thing, what could it be 51:46 - What does success mean to Candice ➡️ Show Links https://www.instagram.com/luxelife_cb/ https://twitter.com/clb84 ➡️ Podcast Sponsors 1. Athletic Greens - https://athleticgreens.com/scott 2. Express VPN - https://expressvpn.com/successstory 3. Hubspot Podcast Network https://hubspot.com/podcastnetwork
If you want to reach your goals in EVERY area of your life, this episode will provide you with the inspiration, motivation, and action plan you need to take yourself and your family to the next level. Listen in as Hal Elrod talks about practical tips and strategies to empower yourself and live the life you deserve. Key takeaways to listen for 2 reasons why you should take a sabbatical How a sabbatical can transform your life and family 2 powerful ways to become your own expert Simple rules that can help to make life-changing decisions The unspoken truth about overcoming adversity 7 steps for creating a family meeting agenda Resources mentioned in this episode The Way Of The Superior Man by David Deida Cris Cancer Foundation The Miracle Morning by Hal Elrod and Robert Kiyosaki About Hal Elrod Hal Elrod is on a mission to elevate the consciousness of humanity, one morning at a time. As one of the highest-rated keynote speakers in America, creator of one of the fastest-growing and most engaged online communities in existence, and author of one of the highest-rated, best-selling books in the world, The Miracle Morning—which has been translated into 27 languages, has over 2,000 five-star Amazon reviews and is practiced daily by over 500,000 people in 70+ countries—he is doing exactly that. Hal actually died at age 20. Hit head-on by a drunk driver at 70 miles per hour, his heart stopped for 6 minutes, broke 11 bones, and eventually woke from a coma to be told by doctors that he would never walk again. Not only did Hal walk, but he also went on to run a (52 mile) ultra-marathon and become a hall of fame business achiever—before the age of 30. Then, in November of 2016, Hal nearly died again—his kidneys, lungs, and heart on the verge of failing, which led to his being diagnosed with a very rare, very aggressive form of cancer (acute lymphoblastic leukemia). After enduring the most difficult year of his life, Hal is now cancer-free and furthering his mission as the Executive Producer of The Miracle Morning Movie—a documentary that both shows you the morning rituals of some of the world's most successful people, as well as takes you around the world to show you the life-changing impact that Miracle Mornings are having, globally. Hal is also the host of the highly acclaimed Achieve Your Goals podcast, creator of the Best Year Ever Blueprint Live Experience, and bestselling author of ten  books in The Miracle Morning book series. As one of the most inspiring, highly entertaining (we're talking “wannabe stand-up comedian” level humor!), and one of the most in-demand keynote speakers in the world, whether you are an individual or an organization, Hal will give you the tools to Wake Up to Your Full Potential. Connect with Hal Elrod Website: The Miracle Morning; Hal Elrod International Podcast: Achieve Your Goals with Hal Elrod Connect with Us To learn more about us, visit our website at www.18summers.com or email us at firstname.lastname@example.org. To get a copy of our book “The Family Board Meeting”, click here. Subscribe to 18 Summers Podcast and leave a rating and written review! Social Media Channels Facebook Group: 18 Summers LinkedIn: Jimmy Sheils Instagram: @18summerstribe
Joining me on the podcast today is the one and only Robert Kiyosaki, the author of "Rich Dad, Poor Dad," the most popular real estate investing book, and the number one personal finance book of all time. The book is sold in many languages and countries around the world. Robert is also a fellow military veteran. I had an instant connection with Robert the moment I read through the concepts in his book, and it totally opened up my eyes to the real estate investing world. The same is true with the majority of the last 100 guests that I've had on this podcast who pointed to "Rich Dad, Poor Dad" as the impetus for getting started. In this episode, Robert shares his journey from serving the military to becoming a prominent real estate investor and author. Robert also offers his perspective on the current real estate market and where things are heading. So, if you want to amp up your own rental property investing, this episode is for you! [04:57] What is it about "Rich Dad, Poor Dad" that it is the number one personal finance book [10:35] Robert's journey before and after serving in the military [14:12] The biggest lesson he learned serving in Vietnam that helped him later on in his investing career [17:10] What's the impact that Robert want to have by writing his book [21:15] His take on the new bill limiting self-directed IRA investing [22:52] Robert's insights on what is the right mix for people to be in the perfect portfolio based on all that's going on and with the economic environment [25:53] Why Robert became a real estate investor [32:26] Robert's tips to becoming crash proof in real estate [38:55] On what Robert would do with the knowledge he has given that he's starting over from scratch [44:01] Takeaways on Robert's new book, "Capitalist Manifesto: How Entrepreneurs Can Save Capitalism." Links:Rich Dad Poor Dad - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle-ebook/dp/B0175P82RA Capitalist Manifesto: How Entrepreneurs Can Save Capitalism - https://www.richdad.com/capitalist-manifesto Robert Kiyosaki Instagram - https://www.instagram.com/therealkiyosaki/?hl=en Robert Kiyosaki Facebook - https://www.facebook.com/RobertKiyosaki Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1 Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals Living Off Rentals Website - www.livingoffrentals.com Living Off Rentals Instagram - www.instagram.com/livingoffrentals
In today's episode Dr. Frank Holleman shares some tips on how to improve your business and get better customers. Dr. Frank recaps some principals explained in Robert Kiyosaki's book Rich Dad, Poor Dad. Dr. Holleman also talks about the benefits of a good marketing strategy. Check out our resources: GreenIndustryPodcast.com Green Industry Marketing Essentials Recommended Business Management Software: Try Jobber Free Recommended Website + Marketing Services: Pure Marketing Team Purchase Paul's Books: Books Paul's Audiobooks: Cut That Grass and Make That Cash Best Business Practices for Landscapers Follow us on Instagram: @greenindustrypodcast @pauljamison Follow us on YouTube: Paul Jamison Channel Green Industry Podcast
"There's a little piece in there [the Tax Code] that's basically all the things that you can do, that the IRS wants you to do...this is where you need to spend your time. It's a series of incentives, that tells you what they want." Today's guest needs little introduction, as Ken McElroy is well-known for being an advisor to Robert Kiyosaki of The Rich Dad Company, as well as a successful investor, developer, and repeated author. Listen in to learn how he advises hurdling through many of today's most pressing challenges: supply chain woes, the new tax bill and its potential implications for real estate investors, growing wealth, and most of all, creating an extraordinary life! Grab a cup of coffee and jump in - this is an episode you won't want to miss! Key Takeaway: An extraordinary life is not a matter of luck but requires a keen understanding of balanced priorities, wealth-building strategies that include capitalizing on tax savings, as well as the right people surrounding you. An extraordinary life, just like wealth, is not built alone! How to Contact Ken: Website: www.kenmcelroy.com Tax Strategies Guide: www.kenmcelroy.com/ready2scale Are you REady2Scale? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Production Credits: Featuring: Ellie Perlman Strategy: Jeannette Robinson Audio Editing: WEP (We Edit Podcasts) Special Guests: Ken McElroy Learn more about your ad choices. Visit megaphone.fm/adchoices
How building a business trumps self-employment - Interview with Michael Landgraf In today's episode, I managed to get lots of gold nuggets from Michael Landgraf, an Amazon entrepreneur and crypto enthusiast as he calls himself
This is part 2 of how to get rich, yeehaw! Enjoy.The 'CASHFLOW Quadrant' book by Robert Kiyosaki referenced in the convo is on Glen's recommended reading list: https://www.sortyourmoneyout.com/blog/2020/1/14/glen-james-book-recommendations
Safiya Martin (Twitter: @safiyamartin_ IG: SafiyaMartin_ TikTok: @SafiyaMArtin_ YouTube: Martin's Notary Services) is a mobile notary and former college basketball player that monetized her YouTube channel in 24 days! Charles aka Todd Millionaire (Twitter: @RealToddBillion) and Raphael (Twitter: @WorkMoneyLife) speak with Safiya about her journey into entrepreneurship, course creation, arguing with anonymous "cartoon characters" online, monetizing YouTube, using everything as content, venture capital, and much more! Get 50% off Safiya's YouTube creation/ monetization course: Just Press Record! https://gumroad.com/a/1065571443/tbtZG with coupon code "Execute" Get 50% off Raphael's podcast creation course "PodcaSTAR Deluxe" https://gumroad.com/a/829125747/JiDHi with coupon code "Execute" PRE-ORDER the brand new course from Charles/ Todd Capital, "Business Automation Masterclass" https://gumroad.com/a/386774131/wdgps for $40 before it goes to $199! People mentioned: Andre Hatchett, Brother Ben X, The Hartzogs Books mentioned: "Million Dollar Signature: A Notary Public's Guide to Financial Freedom" by Safiya Martin, "Rich B*tch" by Nicole Lapin, "Rich Dad, Poor Dad" by Robert Kiyosaki Grab all the Todd Capital money-making course here: https://gumroad.com/a/386774131 Follow us on social media: Twitter- Tweet Talk Podcast @TweetTalkPod Charles @RealToddBillion Raphael @WorkMoneyLife Instagram: Podcast- @TweetTalkPodcast Charles- @ToddBillion @Todd.Capital @BlessABlackMan Views Luggage brand @views.at.todd.capital Learn how to make money trading stock options, from Todd Capital! This show's sponsors: Premium shoes need premium shoelaces from Get Laced Laces at GetLacedLaces.com All-natural body care products from Pure Body Co at ShopPureBodyCo.com Okiyefa Shades- The finest shades to fit your style: OkiyefaShades.com
This week, my special guest is one of my students! I thrive off of sharing these conversations with you... My client and I go over the various ways of creating and keeping wealth. I call it the “storage tank”... and they go as followed: Storage Tank: Whole Life Insurance Put your money in the market (index fund, stock market, etc.) Crypto (only if you can handle it! It's a long term play— super volatile) Real estate properties (it pays you every single month IF you buy well) The whole game of money is called Cash Flow! And money knowledge is not common sense because it is not taught in school. This is where my money school - CURBS - comes into play. It is a way to create a cash flow management system by making conscious, deliberate choices with your money. Krisstina's Advice: Play Cash Flow by Robert Kiyosaki. How you build wealth is all through cash flow —> always keep your money moving! Keep its momentum. Get over your fear of losing money. The long game is the wealth game. The more wealthy you get, the more protection you need! Have a 3-6 month emergency fund. “My definition of an asset is something that creates cash flow at some point in time.” - Krisstina Wise Client Questions: “What is a good number to aim for?” “I have a Roth IRA, am I better off with taking that small amount and putting it towards Whole Life Insurance or investing in a business?”
In Travis Watt's experience coaching and mentoring others in passive investing, he finds that there is one fundamental piece of advice that many investors fail to follow. In this episode, Travis shares his personal philosophy combined with Robert Kiyosaki's method from Rich Dad Poor Dad for approaching asset and liability management. Want more? We think you'll like this episode: JF2468: Following the Cash in Asset Management with Dave Sherbal Check out past episodes of the Actively Passive Investing Show here: bit.ly/ActivelyPassiveInvestingShow. Click here to know more about our sponsors: Deal Maker Mentoring | PassiveInvesting.com | FollowUp Boss
Do you want to work until you're 65? Or do you want to build a successful business that allows you to live your life? Building a business to work forever is not the same as creating a business that allows you to exit rich at your own time. Our special guest for this episode, Sharon Lechter, joins us to share with us her advice on business and finance to create a sustainable, profitable, and successful business. Sharon Lechter is a businesswoman, accountant, and author who has written at least seven books with Robert Kiyosaki, including Rich Dad Poor Dad. She's also released 3 bestselling books in cooperation with the Napoleon Hill Foundation. Now, with her latest book, Exit Rich, Sharon shares a must-have guide for all business owners alongside the 6 P Method to help them objectively assess the value of their business. Create the life you've always wanted!
You don't have to come from money to build wealth. If you can find a good deal, the money will follow. What you do need is a strong work ethic, solid relationships, and a willingness to put yourself out there! Today, I'm speaking with Ken McElroy, who went from a broke college student managing an apartment building to becoming a business mogul who has transacted over $1 billion in real estate. Ken was by no means an overnight success. In fact, he spent 8 years managing properties before he would own any of his own. But his determination to learn and ability to surround himself with the right people eventually paid off. Ken has gone on to experience great success in the world of real estate. Not only is he a bestselling author and internationally recognized speaker, but he's the real estate advisor to Robert Kiyosaki of The Rich Dad Company. In this episode, Ken talks about his unbelievable journey and his steps to go from property manager to property owner. You'll learn why “not having enough money” is a limiting belief that's holding you back, why relationships are the key to success, and how to take advantage of life's unexpected opportunities, so you can live the life of your dreams. Here's just some of the things we get into: The story of how Ken went from managing an apartment building as a broke college student, to acquiring over $3B in real estate. The steps Ken took to raise money and secure a $9M multifamily deal as one of his first investments. Overcoming the limiting belief that you need money in order to make a deal happen. Why relationships are the foundation for success. How Ken developed an unexpected friendship with Robert Kiyosaki. The power of putting yourself out there—and how this mindset led Ken to working with Tony Robbins. Why the most rewarding part about making money is giving it away. FREE Gift Ken is giving away his e-book, 21 Keys to Real Estate Success, which outlines the top things he wish he would have known before he got started on his real estate investing journey. To get access to this gift, visit JustinDonald.com/61. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit JustinDonald.com/61 Get the Lifestyle Investor Book! To get access to The Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom visit JustinDonald.com/book Rate & Review If you enjoyed today's episode of The Lifestyle Investor, hit the subscribe button on Apple Podcasts, Spotify, Stitcher, Castbox, Google Podcasts, iHeart Radio, or wherever you listen, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Justin Donald Facebook YouTube Instagram LinkedIn Twitter
On September 29, 1959, Nikita Khrushchev said, “Your children's children will live under communism. You Americans are so gullible. No, you won't accept communism outright, but we will keep feeding you small doses of socialism until you will finally wake up and find you already have Communism. We will not have to fight you; We will so weaken your economy until you will fall like overripe fruit into our hands.” George Gammon takes over the host seat in this special episode of The Rich Dad Radio Show to interview Robert Kiyosaki about how he sees the United States slipping into Communism. Robert Kiyosaki, the best-selling author of the book Rich Dad Poor Dad, says, “Marx's complaint is that capitalism will turn the bottom half into poverty, how capitalism will screw employees and those in the S-quadrant via taxes.” George Gammon, the host of the Rebel Capitalist podcast says, “Our economy is completely dependent on the asset prices that are in the 401k, so if the 401k crashes as a result of assets, that means the entire economy crashes and that goes back to what Marx was saying.” Listen as George Gammon and Robert Kiyosaki swap seats to discuss the release of Robert's latest book, Capitalist Manifesto, and how many of Marx's “predictions” in Communist Manifesto are coming true. Pre-order your copy of Capitalist Manifesto: https://richdad.com/capitalist-manifesto Learn more about your ad choices. Visit megaphone.fm/adchoices
On September 29, 1959, Nikita Khrushchev said, “Your children's children will live under communism. You Americans are so gullible. No, you won't accept communism outright, but we will keep feeding you small doses of socialism until you will finally wake up and find you already have Communism. We will not have to fight you; We will so weaken your economy until you will fall like overripe fruit into our hands.” George Gammon takes over the host seat in this special episode of The Rich Dad Radio Show to interview Robert Kiyosaki about how he sees the United States slipping into Communism. Robert Kiyosaki, the best-selling author of the book Rich Dad Poor Dad, says, “Marx's complaint is that capitalism will turn the bottom half into poverty, how capitalism will screw employees and those in the S-quadrant via taxes.” George Gammon, the host of the Rebel Capitalist podcast says, “Our economy is completely dependent on the asset prices that are in the 401k, so if the 401k crashes as a result of assets, that means the entire economy crashes and that goes back to what Marx was saying.” Listen as George Gammon and Robert Kiyosaki swap seats to discuss the release of Robert's latest book, Capitalist Manifesto, and how many of Marx's “predictions” in Communist Manifesto are coming true. Pre-order your copy of Capitalist Manifesto: https://richdad.com/capitalist-manifesto
Mit Crypto-Investements und intelligenten Aktienstrategien finanziell unabhängig sein Marcus de Maria ist als dynamischer, unterhaltsamer und inspirierender Trainer bekannt. Er hat die Bühne mit Legenden wie T. Harv Eker, Sir Richard Branson, Tony Robbins, Bob Proctor, Mark Victor Hanson, Brian Tracy und Robert Kiyosaki geteilt. Seit Jahren bringt er anderen Menschen erfolgreich bei, wie sie finanziell unabhängig werden. Und er weiß, wovon er spricht, denn er selber lernte nach vielen erfolglosen Versuchen von den Besten der Besten und ist heute ein erfolgreicher Trader. Marcus ist großer Gegner der “Get Rich Quick”-Mentalität, bei der die Menschen denken, sie können durch einfaches Nichtstun reich werden. Denn das funktioniert nicht. Crypto-Club: Mit Crypto-Investments und klaren Aktienstrategien nachhaltigen Wohlstand erreichen Stattdessen zeigt der Investment-Trainer den Teilnehmern seiner “Investment Mastery”, wie sie mit einfachen Schritten und den passenden Investitionsstrategien langfristig und nachhaltig Wohlstand aufbauen. Als Erfinder der Buffolo Strategie hat er Aktienstrategien für Aufwärts-, Abwärts,- und Seitwärtsmärkte entwickelt, die sicher und nachhaltig funktionieren in nur 20 Minuten pro Tag Und was viele nicht wissen, seit 4 Jahren ist er auch erfolgreicher Krypto-Investor und Gründer des Krypto-Clubs. Mehr Details zum Crypto-Club von Marcus DeMaria, erhährt man im Intervie mit Tom. Dein größter Fehler als Unternehmer?: Das sind einige Fehler - weil man daraus ja auch wunderbar lernt. Einige Fehlinvestitionen, die zu Schulden geführt haben und dazu dass ich auf der Couch meines Bruders schlafen musste. Und natürlich hätte ich gerne früher in Krypto Währungen und Bitcoin investiert, obwohl es immer noch nicht zu spät ist und es immer wieder Gelegenheiten gibt Deine Lieblings-Internet-Ressource?: Da es die Ressourcen die ich gesucht habe nicht gab, habe ich selbst den Crypto-Club gegründet um den Zugang zu Mentoren und Kunden zu bekommen, um so schneller in diesem Markt an die Spitze zu kommen. Hier gibt es weitere Infos zum Crypto-Club Deine beste Buchempfehlung: Buchtitel 1: Buchtitel 2: Lunchtime Investor - Marcus de Maria Kontaktdaten des Interviewpartners: Marcus de Maria email@example.com Youtube Unter https://investmentmastery.de/online gibt es Infos zum Crypto-Club und unter https://investmentmastery.de/aktien die Aktienstrategien für Aufwärts-, Abwärts,- und Seitwärtsmärkte +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Mehr Freiheit, mehr Geld und mehr Spaß mit DEINEM eigenen Podcast. Erfahre jetzt, warum es auch für Dich Sinn macht, Deinen eigenen Podcast zu starten. Jetzt hier zum kostenlosen Podcast-Workshop anmelden: http://Podcastkurs.com +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ So fing alles an. Hier geht´s zur allerersten Episode von TomsTalkTime.com - DER Erfolgspodcast. Und ja, der Qualitätsunterschied sollte zu hören sein. Aber hey, dass war 2012... :) 001 – Willst Du mehr Erfolg im Leben? Erfolg kann man lernen. Jeder. Im Erfolgspodcast TomsTalkTime von Tom Kaules lernst Du in inspirierenden Interviews und einzelnen Storys die Strategien von erfolgreichen Unternehmern und Prominenten. Du lernst in Experten-Interviews wie erfolgreiche Menschen erfolgreich geworden sind und warum sie erfolgreich bleiben. Wie sie den richtigem Umgang mit Erfolg und auch den Umgang mit Niederlagen gelernt haben. Das richtige Mindset ist wichtig, um richtig viel Geld zu verdienen, glückliche Beziehungen führen, mit sich selbst im Einklang zu sein und dadurch Beruf und Familie bestens miteinander vereinbaren zu können. Einschalten. Zuhören. Sich motivieren und Inspirieren. Lernen. Tun. Erfolg haben.
Dave Dubeau is the creator of the Money Partner Formula, and he works with mom ‘n pop real estate investors and helps them to get started with raising capital. He's a best-selling author and speaker based in Beautiful British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months and nowadays he invests passively in multi-family properties. In this episode, Dave walks us through his 5 step process for raising capital for real estate. If you have run out of capital and credit, or can't get others to invest with you you might want to listen to this. Get a complimentary copy of Dave's newest book, Money Partner Formula at: https://moneypartnerformula.com/ --- 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: What's going on everyone? Welcome to another episode of remote real estate investor. I'm Michael album. And today with me, I have Dave Dubeau, who is a Canadian capital raising expert. And he's going to be talking to us today about what we as real estate investors should know about raising capital and how to raise capital for our next deal. So let's get into it. Dave Dubeau, thank you for taking the time at your schedule this morning to hang out with me really appreciate you coming on. Dave: Big Mike. It's my pleasure. Michael: So you and I know each other from before recording, but for all of our listeners out there, can you give us a quick rundown of who you are and what it is that you're doing in real estate? Dave: Yeah, well, I am a fellow real estate weirdo. I'm into this wild and wonky world of real estate investing. I've been doing it one way or the other since about 2001. Actually started when I was living down in San Jose, Costa Rica of all places Michael has spent a decade Michael: Oh my God. Dave: Living in Costa Rica and had a language training down there a company and language training company bought the small building that ran the business out of did ended up doing a couple of what we would call Pre Foreclosure deals down there. Didn't know what the heck I was doing. Didn't even know what they were called or whatever. But they they worked out all right. And then I packed up my Costa Rican family, my Costa Rican wife and our two little Costa Rican kids. And we moved back to the frozen hinterlands of Canada, where I come from originally. Everybody goes, especially Canadians to go, Dave. Dude, what's going on? You're living down in tropical paradise. Your life and you packed everybody up and you move back to Canada. What the heck was going through your brain? Well, here's the thing Michael, we don't realize what we got till we leave it for a while. And as lovely as Costa Rica is being the rather fair complexion person I am in other words, paste the paste white guy in the pasty face white guy I am whether you got money or not in Latin America, everybody assumes that you do. So there's a target on your back. And that of your family now, thank goodness, nothing ever happened to us. But I know two people that got kidnapped and held for ransom down there and thought, hey, oh my gosh, small town Canada. That hardly ever happens. Never. Michael: Go figure. Dave: Yeah, our kids were getting towards school age. So I said, Hey, you know what? Let's start all that start over again in Canada. And so we moved back, but that was in 2003. And then I had to figure out what the heck am I going to do? Right? Because I'd left a business in Costa Rica. I hadn't been able to sell it. So I didn't have very much money. I've been gone for so long. I didn't have bad credit. I had a big fat zero. For credit. I've been self employed for 10 years. So it's pretty much unemployable. So it's like okay, hey, what next? And you're probably way too young to remember these things but I saw one of those late night infomercials but something like this you too can get rich with real estate with little or no money down. So I said perfect little or no money so I stayed away from the course and brushed it off and I think back then it was a bunch of binders and there might have been a Big VHS cassette or two in there Michael: And A track tapes. Dave: Yeah not quite that bad but getting there and put it to use. And I did 18 Creative deals in 18 months and that's that's what I got started real estate took took a few years off helped to up and coming real estate guru up here kind of grow his his company for a few years got back into it started doing not so creative type deals where actually had to come up with money for down payments and quickly ran out of cash and credit like most people do, I hit that wall and I said hey, I've heard of this thing, OPM other people's money. So maybe I should get myself some of that. So I can grow my portfolio. So I rushed out flounder around and failed miserably at raising capital and I remember it i this beautiful deal on the go. I needed $85,000 to close on it. I tried everything that you know people told me you're supposed to dial for dollars, network. schmoozed spammed everybody I knew and bottom line turned off a lot of really good prospective investors. did not raise the money, lost the deal. Got some major egg on my face. And after the dust settled, I said, You know what? That sucked. I don't I don't like dialing for dollars. I don't like networking and schmoozing and turning every conversation into a real estate conversation. Why don't I apply what I understand about marketing, see if I can make that work to attract investors, instead of always chasing after them. So by hook and by crook, I came up with this process that I call, the money partner formula worked pretty well for me. When I was doing those single family home type deals, I raised not a heck of a lot, but probably in the in the range of 700,000 or so for those kinds of deals. And then since then, I've scaled up into multifamily properties raised millions for for those kinds of deals. But more importantly, I've helped other what I call Mom and Pop real estate investors really get things rolling, and cumulatively help people raise well over $300 million in counting for their deals. So it works pretty good. Michael: That's incredible. So yeah, Dave, I think you hit the nail on the head that so many people either hit that wall as they're growing their portfolio, or even folks who are just looking to get started, don't have the capital to start on their own. So how do people How should people think about raising capital? Is it something that only is reserved for the experience? Or is it someone that who, if they're just getting started would also be a good candidate for? Dave: Well, you know, it's kind of one of those catch 22 things, right? So hey, I want to get going in real estate, but I don't have any money. I need money to buy a deal. But I don't have any money. You know, so how do I get if I don't have the experience? Or getting get the money? All that kind of thing? Here's the bottom line, Michael, it's a lot easier to raise capital, if you've got some experience. Do you need to have a ton of experience? No. But I would suggest, if you have even one successful deal under your belt, that's enough to give you the credibility to go out and start using other people's money to grow your portfolio. So what do you do if you if if you don't have money or experience? Well, there's a few different things that you do? Well, if you do have money, then obviously sell finance your first deal, that would be really smart, you got skin in the game, you're going to pay close attention to how that goes, if you got some money, but not all the money. And if you can partner up with somebody else, as a joint venture partner, you both put in some cash, you do all the work, and you still split the profits 50-50 With your investor partner, that's cool that gets you started. If you don't have any money, but you've got some experience of some sort, you can bring value to the table, go find somebody who's doing what you want to do partner up with them, not for a paycheck, but for a tiny slice of equity in the deal. And whatever that requires. If you're good at social media, if you help the person over social media, or you bird dog for them, or you whatever it is that you do, say, hey, I want to be involved in this, I want to learn what you're doing. I want to b e able to use this deal as a case study. And again, you only need to have one deal. And if you do it that way, you've got some legitimate experience behind it. So there's some ways to get involved if you don't have a heck of a lot of cash. Michael: Okay, great. And then so for people that maybe do have a couple of deals under their belt, and are looking to take that next step that are running on capital, how do they position themselves? How do they market themselves? How do they not dial for dollars? Does this help to start raise capital? Dave: Yeah, good question, because I think most of us would rather stick a needle in our eyeballs. No fun whatsoever. Yes. Oh, here's, here's what it's, I'll give you the big 30,000 foot perspective of this five step process, Michael. So step number one is instead of just shotgunning it and thinking everybody in anybody with a pulse and a checkbook could be an investor, what we want to do instead is you want to laser focus in on people that you already have a pre existing relationship with people who you know, and who know you friends, family members, co workers, business associates, people, you know, from the PTA, your sporting associations, civic associations, whatever, you've got a pre existing relationship with these people. So what we do with our clients is we help them come up with a list of about 150 to 200 of these folks, we think, Oh, my goodness, I don't know that many people, chances are you do. All you have to do is export all your contacts from your cell phone, your email address, and social media, all those different places, and then get them all into one place. Chances are there's a couple of 1000 there, and then just quickly whittle it down to people that you actually do know. Okay, so that's step number one, come up with that target group of potential investors. Now, if you got 150 or 200 people in there, they're not all going to become investors, of course, but typically, there's a significant number in there. And what we find with our clients is there's usually between one and $2 million, where the capital within your sphere of influence already, we just have to figure out who's got it, and how can we get them to get ready, willing and able to invest with us, right, so So the good news here is when we focus on this prediction thing group of people that you have that relationship with, you got two out of the three things you need taken care of. In order for somebody to invest with you, they need to know you like you and trust you, this group of people, they already know you. Hopefully they already like you. And they might trust you to babysit the house or the dog for the weekend, but not their 100 grand. But we can work on that. Does that make sense? So we got two out of the three taken care of there. Plus, this really helps you keep compliant with your local securities regulators. So I'm up here in Canada, we've got our own our own securities regulators are no nicer than the SEC, just as nasty. You guys in the state, you got the Securities Exchange Commission, I believe each state has some sort of regulatory body as well. So we got a double whammy. But bottom line is, there's this area that we are allowed to play in. And that is with good people that we have that pre existing relationship with. So let's start with him there. And then, instead of doing what Dumb Dumb Dave did, which is just charging in, like a bull in a china shop and saying, Hey, it's Dave, I got deals, you got cash. Let's be a little classier about it. So Let's reconnect with that target group of people on a personal level first, before we start talking business. Does that make sense, Michael? Michael: Absolutely. Dave: So what we do is we do a very simple, automated, partially automated, Warm Up campaign. So we we do this by email, we can set this all up in a CRM system, so it goes out all at the same time. And then your job is when people reply back to you actually have a genuine reconnection go back and forth a little bit by email with them, because there is capital in those connections. Plus, if you do it, right, it sets the stage for everything that's going to be coming down with the other four steps in this process. Does that making sense coming up with that target group of people first, Michael? Michael: Yep. With you so far? Dave: Yeah. All right, then the second step is now that we got this target group, and now we kind of broken the ice with them. Some of those people might actually put up their hand and say, Hey, Michael, this real estate thing sounds kind of interesting. Why don't you tell me a little bit about it. So now we got to be ready to have an effective investor meeting, right? Most people don't have the faintest clue about how to present their investment opportunities to a non real estate person, like we can get together realtors, and real estate investment clubs. And we could all nerd out and talk ROI. And you know, IRR is and analyze and all this kind of jargon, that the average person they're going to zone out. They're going to feel dumb, and they're going to shut down right? So we got to make sure that we've got a good I recommend a slideshow presentation like a PowerPoint or Keynote or whatever Google slides that walks people through at Reader's Digest level, about what you're doing with real estate. So what does Reader's Digest level mean? Well, that Reader's Digest is a magazine still exists, that's written for grownups, however, it's written at a 13 year old comprehension level. Right? So any average great 8er can pick up this, this magazine and read it and understand everything, okay? We want to do the same thing for our investor presentation. Not that your investors are dumb. They're just not real estate weirdos like us. So we got to, we got to dumb it down for them, we got to keep it really simple. We got to keep it focused on what's in it for them. We got to go through what our process is, what the pros are, what the cons are the rewards, the risks, how we mitigate those risks, overcome objections, answer all their questions, and do this in a fairly short presentation that you can go through with somebody at a coffee shop, or on Zoom or what have you, and about 25 to 30 minutes, with a lot of q&a in between there. So step number two is creating what we call your million dollar investor presentation, and being ready, willing and able to use it. So that's step number one, come up with a list. Step number two, create this presentation and get comfortable using it. Step number three is where we really kick things into gear with a marketing, constant and consistent communication. This all starts with having an investor focused website. So having a website that's completely focused on communicating with your prospective investors. And this is gonna be your online marketing hub, all your all of your marketing is going to be there it's going to be we're going to be attracting people to your site via email marketing. We're going to get them to consume your your edutainment communication, we're going to be keeping in touch with them at least on a weekly basis. Some of the things that are working really well for our clients these days are our video logs, short, little three, four minute video snippets. They're kind of again, edutainment a little bit educational, not too much. Hopefully a little bit entertaining, and with a clear call to action Hey, you'd like to find out more about this go ahead, click on the button below book a call. Let's see if this makes sense for you. So video logs, blog posts, short little articles again, keeping them entertaining, easy scenes, electronic newsletters, one So every single week, they're getting something different from you. That's educating them a little bit, hopefully entertaining them a little bit, and encouraging them to reach out to you instead of you chasing after them. You follow along with me here, Michael. Michael: Gotcha. Dave: Yeah. So this is what we do to get things rolling. So that you get inbound investor inquiries instead of having to chase after the investor. So this is getting people to self identify, put up their hand and say, Hey, this real estate thing, Michael, it looks kind of cool. I'd like to find out more. And then that conversation is a complete 180 from us chasing them down, picking up the phone, dialing for dollars, schmoozing, turning every conversation into real estate conversation. This way, we're peeking curiosity, we're peaking interest, and we're getting them to reach out to us. So that is, I believe that was step number three of this, this five step process. Yeah. And then step number four, is being seen as trustworthy being seen as a real estate authority in the eyes of our target group of a couple of 100 prospective investors. So here's the good news, Michael, you don't have to be the next, you know, Robert Kiyosaki, and sell a gazillion purple books to be happy, you know, Michael, with his own podcast and all this kind of this kind of platform, there's lots of simple ways that you can do this. And again, we really want to work out, we've already got the know factor that these people already know us, they like us, now we have to work on that trust factor. So it's about being seen as knowing what the heck you're doing with real estate. So a lot of the marketing stuff that you're doing the website, all of that stuff that's going to set you up that's going to set you up for success, it's going to make you look like a professional. Other things you can do. Dress up a little bit. Alright. So if you're meeting with somebody, and you're talking with them about investing with you, I highly encourage you to, you know, gentlemen, put on the blazer, dress business casual, right, it's going to show the other person respect. And even if, if your aunt Hilda used to change your diapers when you're a baby, you're going to get a little bit of respect from them as well because you have you have dressed the part does that make sense? talk intelligently about your strategy. talk intelligently about your market, have sharp looking materials. Don't go cheap on the business cards. Get some good looking business cards. Invest in in some headshots, professional headshots, not the Walmart ones, not the selfies, professional headshots, things like that go along way to, you know, inexpensive ways to be seen as an authority in your field. Michael: Message received Dave me over here on my T shirt as we're recording this podcast. Dave: Well I'm not giving you money here! Michael: Okay, good, good, good, good. Dave: All right, then step number five before I forget, because I get kind of forgetful in my old age. Step number five, is all about starting the snowball effect. And Michael, I'm sure you've seen this because you've been in the game for a while, right? Is once you've got an investor on board, and you're doing a good job for them, it's so much easier to get more of them because these people tend to know other people with money. If we're proactive about it, we can get really good testimonials from them. My favorite are video testimonials. You can use them all sorts of different ways you can create written testimonials from them. So video testimonials are great and warm introductions to their sphere to their people, right. So if you're doing a good job and you're proactive about it, it's very, very easy to start growing your investor base with that second ring of people that your investors know. So that in a nutshell is the five step money partner formula. Start with a target group of prospective investors and break the ice with them first, have your second step is have your investor presentation ready to go. So when people do put up their hand you you don't panic like a deer in the headlights. Step number three kick things into gear with the marketing constant consistent edutaining marketing coming out on a weekly basis, something different every single week with a clear call to action. Hey, if you'd like to find out more, click on the button book a call. And let's have a chat. See if this can make sense for you. Step number four kick things into gear with your credibility be seen as an expert authority. In the eyes again, of your target group of investors is Step five, once you got one or two investors on board, start the snowball effect with referrals and testimonials. Oh, my goodness, I've spoken so fast. Like My cheeks hurt. Dave: No, that's great, David and it's it makes so much sense that it's interesting to kind of sit back and see the true marketing effect because I never would have thought the two the two go hand in hand which is really interesting to see. Dave: Well you know I'm a marketer from way back and and any time you can get somebody to self identify it or reach out to you. That means that persons already coming to you, to a certain extent pre educated they are to another certain extent pre-qualified They're already predisposed to invest with you, because they see you as the logical choice. They see you as the expert. So if you get all this stuff, right, it works like gangbusters. Michael: I love it. One question I have for you, Dave is with regard to step one. So one of the many things that I hear from a lot of folks that joined the Roofstock Academy is I don't know anyone in my sphere that is interested in investing in real estate. Everyone I talked to about it thinks I'm crazy. My parents, my cousins, my family, they all poopoo it. So what do you have to say to those folks that really don't know anybody that would be interested in investing in real estate within that first sphere? Dave: I would say, bologna. I'd say something else. Let's let's keep it PG. Here's what happened. Here's what happened in that scenario, Michael, is the person has run out like a crazy person said, Hey, I'm doing this real estate thing. It's great. It's awesome. You should do with me. Have you got any money? All right, that's maybe not that tacky. But that's kind of how they're coming across. They're coming across like a network marketer. You know what I mean? Right? Michael: Yeah, absolutely. Dave: They are coming across as an MLM, or it. And it just seems like another one of these things, maybe it's a phase they're going through, or whatever. So you can't blame people for being a little bit cautious. If you come in that strong that way. That's, that's what I did back in the day. That's why I can, I can joke about it, because this guy did the exact same thing, right, with disastrous results. So it's not that your friends and family members are interested or can't be educated into becoming interested, it's just that you tried to ram it down their throats in a clumsy fashion, right, versus educating people, creating that curiosity, getting them to put up their hand, take baby steps, and go in that way. Because here's the thing, right? If you do this, right, if you do this process, right, you're gonna be able to accomplish two things, you're gonna be able to get the low hanging financial fruit, and get your first few investors in as little as four to six weeks. That's, that's quite common. But here's the beautiful thing, if you keep things rolling, those first few investors only represent about literally the tip of the iceberg, because that might represent the top 10 to 15% of all of the capital that you can raise from your contacts, the other 85%, it's going to take them a little bit of time to get comfortable and confident and be ready, willing and invest, ready, willing and able to invest with you at that time. So that might take six months for some folks, 12 months for other folks 18 to 24 months for other people. So that's why the constant consistent communication is so important. Because you're going to be able to do both, you're gonna be able to get the the quick capital and the long term capital. And if you're in real estate for the long term, you'll want both because the lion's share comes over time. So again, if you've, if you think you've tapped out your friends and family, and nobody has any interest, or everybody you know, is broke, I'm going to gently suggest you're you're wrong. And just statistically speaking, I mean, I don't know if you, you're familiar with the book, The Millionaire Next Door? Have you heard of that book? Michael: Yeah. Dave: Yeah, they wrote this book a while ago. And they studied millionaires in North American, they found out the vast majority of millionaires don't look like Hollywood says millionaires. You'd look they are right, hanging out on yachts, with bikini clad babes decorated with jewelry and all this kind of make it rain with dollar bills all over the place. That ain't there everyday people living in everyday houses driving everyday vehicles, who happen to be extremely good with their money. That's why they've got it right so yeah. Don't assume that's the biggest, you know, danger. A lot of people have they assume nobody has any money. They assume that the people are all flash, you've got cash, it's quite often not the case. Right? They're all flash. And that's, that's about it. So never make assumptions. If you haven't been successful in raising capital from friends and family yet. It's because you don't know how to do it properly. Don't Don't don't think it doesn't work. You just don't know how to work it yet. And then here's the other thing, we have to sit back and we have to look at Mike, we have to, you know, I'm going to splash some cold water on people here. Because I see this all the time. Well, you know, I don't want to raise money from my friends and family. You know, I've heard neither a borrower nor a lender be don't mix friendship and family with with business. Right? And you're right. If you do it wrong, it can be a recipe for disaster if you do it right. It's absolutely no problem. But here's we got to be logical when you're first starting to work with investors, who the heck else is going to invest with you? Quite frankly, I know you don't have a track record working with them. Why would an accredited investor even give you the time of day? If you don't have a track record? So where else are you going to get started? Nowhere else right? It's that's that's the rock bottom reality. So you got two choices. You can continue to sell finance your deals, and save up money for down payments and deals and and do onesie twosie deals every five to 10 years. Or you can tap into your sphere of influence, and really crank things into gear and start raising capital and doing a lot more deals. And here's the other thing. We need to get our heads around the fact that it's not them doing us a favor. Right? We think our investor partners are doing us in this huge favor by investing with us. But yeah, they are. But it goes two ways. We're helping them do something they cannot or will not do on their own which is investing in real property. And the statistic I've heard out Michael, and take it for what it's worth, right statistics, the statistic I've heard is that 5% of the general population has invested in a revenue property, only 5%. Okay. So again, we hang out with our real estate weirdo. So we think everybody invests in real estate, your house doesn't count, by the way. So only 5% is actually invested in a revenue property. So if you've got one successful deal under your belt, chances are, you're ahead of 95% of the non real estate people that you know, in your sphere, so it's up to us, to show people educate people about what we're up to, and offer them the opportunity without being salesy without being high pressure, without twisting anybody's arm without cold calling. Put it out there, educate them, get the people to self identify come to you. And I tell you what, it works really, really well. Michael: I love it. Dave, I'm curious to get your thoughts and your teachings on how you structure partnerships in terms of percentage percentage ownership. So that's a question I get all the time in the academy. Dave: So again, what kind of deals are we talking about here? Give me an example. Michael: Let's talk about a five unit multifamily property. A small multifamily property, let's call it 300,000. Dave: So $300,000, so all in let's, let's say we need about $80,000 to get into this deal, maybe do 100 With a few rentals and stuff like that? Yeah. Okay. So that might be one or two investor partners on board. And I won't talk about how you structure this, if you're going to do it in a in a corporate structure, why not? I'll just talk about numbers, Michael: generalities. Yeah, Dave: for those kinds of small deals, I would suggest 50-50. Okay, so your investor partners bring the capital, ideally, in these kind of small deals, they're even bringing the qualifications for the financing to the table, that may or may not be necessary in this particular situation, but they're coming on board as joint venture partners, their responsibility is to bring the cash and the credit, your responsibility is to do all the work. Alright, and then you share the profits 50-50, after they are covered first. Does that make sense? So they're, their capital is assured first, if you're gonna be doing a refi on this property, you're going to be selling whatever it is, they get paid first, and then you split the rest 50-50. Okay. Same thing with the cash flow, you're splitting the covering all of the expenses, and you're sharing the cash flow 50-50. So that's probably the simplest way to do it for smaller deals. Michael: Okay. And as the deal size goes up, are you thinking that the cash partners should be getting more or less of the percentage of the deal. Dave: Typically, the larger the deal, the larger number of investor partners you're going to have on board, you're probably going to start syndicating things. And in that case, you're probably going to have to take a smaller percentage of ownership and profit in the deal. Give more to your investor partners, just to get them the kind of ROI that they need to make it attractive. Michael: Dave, this has been great man, you have a training course. And I know you've written a book, can you tell us a little bit about what where those are, where people can find out more about them and you? Dave: Sure so I got this book back here called Money partner formula, you can get a PDF copy of that. My treat in exchange for your name and your email address, just go to my website, moneypartnerformula.com. You can poke around there, see what we're up to. I think there's a tab on there that says free book or something like that. So go ahead, click on that. And that will get you the book. If you're interested. Every once in a while we do a full day virtual workshop, taking a deep dive into this whole money partner formula thing, you're welcome to join us via zoom for one of those. Or if you just want to have a chat and see how this is gonna work for you. You can book a call and we can have a capital consultation and see how this can all work for you. Michael: Fantastic and fit that can be done on the website as well. Dave: Yeah, all of that moneypartnerformula.com Michael: Love it. And you also have your own podcast as well. Can you share with folks the name and where they can find that? Dave: Yeah, so I on my podcast I interview some really smart folks like you know, Michael and the podcast is called Property Profits Real Estate Podcast found on all platforms where great podcasts reside. So iTunes or what have you. It's all over the place. Michael: Love it. Well, Dave, thanks again for coming on. Man. This was a lot of fun, really interesting stuff and looking forward to chatting again soon. Dave: My pleasure. Thank you so much, Michael. Michael: You got to take care of Dave. Okay, everyone, that was our episode of Big thanks today for coming on. It was a lot a lot of fun. I learned a ton about raising capital and things to be thinking about and be aware of as you're putting together your next deal if you are looking to raise capital. As always, if you liked the episode, feel free to leave us a rating or review wherever it is. You listen to your podcasts, and we look forward to seeing on the next one. Happy investing
Throwback 1 of 10 for the next ten days as we revisit a top ranked episode with the man who has made it possible to put the fun in financial literacy, Garrett Gunderson! Join Nick Lamagna on The A Game Podcast as he sits with financial wizard, founder of wealth Factory, NY Times best selling author and stand up comedian Garrett Gunderson! You will never be so entertained learning about how the average person can become wealthy and identifying the financial lies we have been brought up to believe. Garrett is on a mission to create financial freedom for 1 million entrepreneurs and you will be on the edge of your seat during this episode hearing refreshing straight talk and direct answers the big financial institutions do not want you to know! By the end of this episode, you will learn how to identify opportunities everywhere to achieve potential financial independence and wealth whether it be through real estate investing, cash flow, stocks, estate planning, taxes or other investments. Forget Tony Robbins, Grant Cardone or Robert Kiyosaki, Garrett Gunderson is the new face of financial freedom and education! Grab any of Garrett's best selling books including What Would The Rockefellers Do, Killing Sacred Cows, New Rules to Get Rich and The Financial Freedom Master Course among so many others! Text "Real Estate" To Nick if you're interested in discussing buying, selling or partnering on deals to 516-540-5733 Today! Connect with Garrett and Wealth Factory Below: Websites: https://wealthfactory.com/ Facebook: https://www.facebook.com/wealthfactory Instagram: https://www.instagram.com/garrettbgunderson/?hl=en Twitter: https://twitter.com/wealthfactory_ Youtube: https://www.youtube.com/c/Wealthfactory LinkedIn: https://www.linkedin.com/company/wealth-factory/ --- Connect with Nick Lamagna: 630.263.5804 www.NickNickNick.com Subscribe and Share If you like what you hear please leave a review by clicking here Make sure you're subscribed to the podcast so you get the latest episodes on Platforms by Clicking Here To Subscribe Find all social media connections at Social media Links for Facebook, IG, Twitter, LinkedIn, etc. Rate and Review The A Game Podcast on Apple Click Here to Review
Jason and Clint Spearow are two of our Flight School Graduates who are doing very well with their land investing business. They are the owner of Spearow Land, a family-owned and operated company located in Sugar Land, Texas. Growing up on a ranch, Jason and Clint have always had a passion for land. Jason began his land investing journey after stumbling across one of Mark's podcast videos where he purchased the Land Investing Tool Kit. He later invited Clint to attend one of the Land Geek Bootcamps that was held in Las Vegas. There, they acquired sufficient knowledge about land investing, and soon after, they were both enrolled in Flight School. With knowledge of how valuable land investing can be, Jason and Clint started selling lands in 2016. Since then, they have sold approximately 120 properties valuing over 3.2 million dollars. Today, they continue to enjoy their passion as they strive to provide customers with properties they will love and enjoy for generations to come.Listen in as they discuss:Their land investing journeyTheir craziest cash dealHow many hours do they work in their business on a weekly basisAdvice for newbies who wants to become land investors and retire in a few yearsTheir overhead cost and utilization of virtual assistantsAnd, more!TIP OF THE WEEKMark: My tip of the week is learn how you can duplicate Jason Spearow's incline success and it all starts with just a phone call. Just go to thelandgeek.com/training.Jason: My tip is County Cad website where I locate properties and stuff, and I've been using the Land Glide App, too. Also, books called Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter, Think and Grow Rich by Napoleon Hill, and The Goal by Eliyahu M. Goldratt.WANT TO LISTEN MORE?Did you like this episode? If so, tune into another one of our exciting episodes with special guest Anton Ivanov as we discuss how to create passive income on your rental properties. Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?
For many, Robert Kiyosaki's book Rich Dad Poor Dad opened our eyes to entrepreneurship. But what can you learn by revisiting the book?Guest Matt Scott has built a successful ecommerce business. In planning for his family's future, he's gone back to Rich Dad Poor Dad and the follow up, Cashflow Quadrant.He shares how he's starting to put those lessons into practice in his business.Listen to find out how.Show notes:http://nextlevelecommerce.coGet your no-cost bookkeeping strategy session with Isaac here:www.nextlevelecommerce.co/booksWant to exit your eCommerce business? Sell it to Ian Bond and his investors.Contact Ian - firstname.lastname@example.org
She is the founder and CEO of the Global Woman Club and with her background in media and psychology, she helps women go global. She has shared the stage with Grant Cardone, Gary V, Robert Kiyosaki, Kim Kiyosaki, Les Brown, Jack Canfield etc. and she shares her experience and helps female entrepreneurs start their business, leverage it, scale it and take it global. She has come a long way and her story is very inspiring. From a small village in Albania where before 1991 not even dreaming of having a career abroad was allowed, she made it the hard way but with lots of determination. The motto is: If you want to empower a women, give her a microphone and thousands of women in the world have had the opportunity to hold this microphone thanks to her. Improving public speaking skills is a huge boost for the self esteem and getting the opportunity to speak at an even like The Global Woman Summit is a very empowering experience. She is also the CEO and editor in chief of the Global Woman Magazine and helps people share their stories by contributing to the magazine. I am proud to be the Regional director of the Global Woman Club Cyprus and New York where I have the opportunity to help business women and female entrepreneur grow and get more exposure because as Mirela says: "If you are amazing but don't tell anyone about it, you are just a hidden talent." www.globalwomanclub.com www.globalwomanmagazine.com www.globalwomansummit.com www.globalwomanacademy.com Support this podcast
Buying and selling homes can be tricky for the most time. Real estate agents can be crucial in the buying and selling operations because they may have more insider knowledge than these websites can provide. Aside from that, being a functional real estate agent can be a rewarding job that is helpful to many buyers and sellers. However, when you are pondering on how to become a real estate agent, you may be confused about whether you should take classes or figure it out on your own. Often, real estate aspirants maximize free resources such as Youtube to gather the information that they need on how to start their businesses. Get your engines started as James Coplin, the man who utilized Youtube University in building up his profession, walks us through his experiences. He also gives us first-hand tips on developing a career in the wholesaling world. Let your curiosity lead the way as we listen to today's episode! RESOURCES: Rich Dad Poor Dad by Robert Kiyosaki and Sharon Lechter James' Email Address: email@example.com James on Instagram Virtual Investing Mastery
Robert and Kim will be joined by a very special guest, George Gammon, in this eye-opening insiders-only session. They will reveal strategies that you should be using in this economy to build wealth and protect yourself – regardless of which direction the market goes. Also, don't miss as Robert and Kim share an up-close look at their best performing property ever! After watching, take advantage of a special offer for YouTube viewers to help you get started as an investor: https://bit.ly/RDWYouTube6D *SPECIAL OFFER* You'll get Robert Kiyosaki's complete Real Estate CASHFLOW Blueprint program and gain access to his proven step-by-step strategies. Plus, for a limited time – you'll also get access to 6 FREE LIVE Mastermind sessions with Robert's certified Rich Dad Real Estate experts - a $2,000 value (This offer is subject to change at any time). What's included: Robert's Complete CASHFLOW Blueprint online course and 3 additional free bonuses: The Rich Dad Personal Riches Profile (powered by the Myers-Briggs Type Indicator), Robert's Contracts and Forms Toolkit, and 7 extra sessions featuring Robert's Insider Secrets to Exploding your Cash Flow. https://bit.ly/RDWYouTube6D
Robert and Kim will be joined by a very special guest, George Gammon, in this eye-opening insiders-only session. They will reveal strategies that you should be using in this economy to build wealth and protect yourself – regardless of which direction the market goes. Also, don't miss as Robert and Kim share an up-close look at their best performing property ever! After watching, take advantage of a special offer for YouTube viewers to help you get started as an investor: https://bit.ly/RDWYouTube6D *SPECIAL OFFER* You'll get Robert Kiyosaki's complete Real Estate CASHFLOW Blueprint program and gain access to his proven step-by-step strategies. Plus, for a limited time – you'll also get access to 6 FREE LIVE Mastermind sessions with Robert's certified Rich Dad Real Estate experts - a $2,000 value (This offer is subject to change at any time). What's included: Robert's Complete CASHFLOW Blueprint online course and 3 additional free bonuses: The Rich Dad Personal Riches Profile (powered by the Myers-Briggs Type Indicator), Robert's Contracts and Forms Toolkit, and 7 extra sessions featuring Robert's Insider Secrets to Exploding your Cash Flow. https://bit.ly/RDWYouTube6D Learn more about your ad choices. Visit megaphone.fm/adchoices
Robert Kiyosaki buys Bitcoin, but... The star of our show, Andy Tanner, INVESTS in Bitcoin. Why? Cash flow. Robert's Advisor, Andy Tanner, has figured a way to apply the Rich Dad principles of cash flow and passive income to Bitcoin. And his strategy can make profits when Bitcoin goes up AND he can make money when it goes down. He can even make money when it does not move at all. And he is willing to explain it to you on this podcast! Not only that, Andy is giving you FREE access to his online course explaining these strategies to you in detail. Click here to learn how to CASHFLOW Bitcoin! Or... If you want more, here is Andy's FREE training to get a deeper understanding of stock market investing: FREE Training with Andy Tanner. Closed caption, is available on the YouTube Rich Dad channel. Learn more about your ad choices. Visit megaphone.fm/adchoices
While predictions for Bitcoin and other cryptocurrencies are nearly impossible, experts will be watching issues like regulation and institutional acceptance of crypto payments in the next months to get a clearer feel of the market. The Rich Dad Radio Show hosted six different experts in 2021 to discuss what they're paying attention to in the crypto space. In this episode, you'll hear a compilation from conversations with Jeff Booth, Robert Breedlove, Anthony Pompliano, Jeff Wang, and Raoul Pal. Learn more about your ad choices. Visit megaphone.fm/adchoices
Reed Goossens' real estate investing journey first started back in 2009 when he picked up the little purple book “Rich Dad Poor Dad” by Robert Kiyosaki. This book opened his eyes to a world of entrepreneurship that he was not aware existed. Up until this point, he was a subscriber to the conventional 9-5 career path. Something inside of him didn't want to comply with conventional norms, and that he knew he had more to give in his life than just sitting in a cubicle for the next 50 years of his life. He wanted to take control of his life and Rich Dad Poor Dad was the book that changed it all. His background is in civil/structural engineering and he has over 9 years of professional experience before taking the plunge full time into real estate investing and development. In his former engineering life, one of the career highlights was being involved with the infrastructure development of the 2012 Summer Olympic Games in London. He has also worked all over the world as an engineer including in Australia, NYC, Los Angeles, Fiji, and Europe. He moved to the US in 2012 for the love of two things: Firstly, his wife (at the time his GF) and secondly the big apple, NYC! Within the first year of living in the US he had purchased his first duplex for $38,000. This experience taught him a lot about the benefits of investing in cash flow here in the US. Barriers to entry are a lot lower compared to his homeland of Australia. Since this time, he has gone on to start two multifamily syndication investing firms that have been involved in the acquisition of over $500 mill worth of real estate to date. He has also launched the podcast Investing in the US, wherein he interview the cream of the crop within the real estate industry to better educate other investors who want to break into the US market and start investing in multifamily real estate today! What You Will Learn: Who is Reed Goossens? How did he become a Real Estate Investor? Reed shares how he creates his own successful business ecosystem. What is syndication? Personal stories and Branding is the best way to grow your business. Reed introduces his team, his partner in his success. How he makes money in land re-entitlement? Reed shares how he can be contacted. Additional Resources from Reed Goossens: Websites: www.reedgoossens.com, https://podcasts.apple.com/us/podcast/investing-in-the-u-s/id1071004776, https://www.amazon.com/Investing-US-Ultimate-Guide-Estate/dp/1731042779 Phone: 1-3235191111 LinkedIn: https://www.linkedin.com/in/reed-goossens/ Facebook: https://www.facebook.com/reedgoossenspage Instagram: https://www.instagram.com/reedgoossens Youtube: https://www.youtube.com/channel/UCuFEo0AYNmKTM4Fx3zbfQAw
Robert Bluhm is one of the nation's leading asset protection attorneys. During his 30 years as an attorney, Bob has been a trial lawyer and has represented Fortune 500 companies as well as smaller, privately-held businesses. As a speaker, Bob has shared the stage with notable political figures, such as Presidents Trump, Clinton and Bush, Margaret Thatcher, Mikhail Gorbachev, Benjamin Netanyahu, and financial figures, such as Jim Cramer, Dan Kennedy, Jay Abraham, Suze Orman, and Robert Kiyosaki. He is the author of several articles on asset protection and is a contributor to "The Asset Protection Handbook." Bob specializes in protecting real estate investors from lawsuits, lowering their taxes, and reducing the risk of an IRS audit. He and his team work with both U.S. investors and international investors purchasing U.S. real estate. Bob and his team have helped many thousands of people all over the world grow their wealth more quickly and securely. For more valuable information click on this link and watch the complete episode: https://youtu.be/Uu-v8dmuWyQ - “Protect Your Real Estate Assets Now! with Robert Bluhm and Jay Conner, The Private Money Authority” Real Estate Cashflow Conference: https://www.jayconner.com/learnrealestate/ Free Webinar: http://bit.ly/jaymoneypodcast Jay Conner is a proven real estate investment leader. Without using his own money or credit, Jay maximizes creative methods to buy and sell properties with profits averaging $64,000 per deal. What is Real Estate Investing? Live Cashflow Conference https://youtu.be/QyeBbDOF4wo The Conner Marketing Group Inc.P.O. Box 1276, Morehead City, NC USA 28557 P 252-808-2927F 252-240-2504 Channel https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w https://www.youtube.com/c/RealEstateInvestingWithJayConner RSS Feed http://realestateinvestingdeals.mypodcastworld.com/rss2.xml Google Play https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y iTunes: https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034 Watch on ROKU: Roku https://my.roku.com/add/realestateinvestingRoku https://my.roku.com/add/realestateinvesting Watch on Amazon Prime: https://www.amazon.com/How-Locate-Real-Estate-Deals/dp/B07M9WNZR6/ref=sr_1_3
Florian Fritz is the Money Teacher and is the founder of the Money Hero Academy, where he is teaching how to create financial freedom by improving your money mindset, money management and money-making skills. As a financial advisor, Florian realized during the last financial crisis in 2008 that the financial industry was only looking out for their own best interest and not that of their clients. That's why he learned from some of the world's best financial coaches like Robert Kiyosaki and his Rich Dad advisors and many others how wealth creation really works. He tested many of the learnings working with a real estate company, increasing their sales by 86% per year on average for 9 years and helping hundreds of people to improve their investment returns. He created a system from what he learned and his own experience that allows everyone to take control of their finances and create the life of their dreams instead of always hoping for the next raise or the next client. Florian is an International Trainer who has shared virtual stages with people like Robert Kiyosaki, Nick Vujicic, Joseph Mclendon III and many others.
Allison takes a few moments to share some thoughts from the "Belonging" series. She recaps the episodes in the series and highlights some favorite highlights and a few of the thoughts that change her perspectives. Also, the next Culture Changers series is introduced: Mental Wealth Money. It's a topic some of us would rather avoid, some of us can't stop thinking about and others are blissfully unaware of how money can affect every facet of our life. EPISODE HIGHLIGHTS:New partnerships for Culture ChangersRecap from the belonging seriesA book recommendation from AllisonUpdate on Allison's personal journeyUpcoming mini seriesALLISON'S LINKS:Visit Allison's websiteFollow Allison on InstagramCheck out Allison's blogListen to The Podcasters' Journey PodcastAllison's Favorites - And some great deals for you!
Jason Hartman, Robert Kiyosaki, and Kim Kiyosaki discuss home values, gold, real estate markets and other commodities in the Hartman Comparison Index (HCI). [1:05] What is the Hartman Comparison Index? [6:44] Are the prices of homes actually high? [9:43] We compare things to value them [10:52] It's cheaper to buy a house now if it's priced in gold [12:23] Three kinds of markets: linear, hybrid and cyclical [13:10] Comparing home values to other commodities [16:42] Jason compares home prices to oil [22:20] Inflation and deflation in 2021 [26:02] Jason's crystal ball The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you're on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com Jason's TV Clips: https://vimeo.com/549444172 Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect What do Jason's clients say? http://JasonHartmanTestimonials.com Easily get up to $250,000 in funding for real estate, business or anything else http://JasonHartman.com/Fund Call our Investment Counselors at: 1-800-HARTMAN (US) or visit https://www.jasonhartman.com/ Guided Visualization for Investors: http://jasonhartman.com/visualization
About Dave:Have you run out of capital and/or credit to grow your real estate portfolio? I may be able to help. I have created a proven system to attract qualified investors and money partners so they reach out to YOU about YOUR deals. You will no longer have to feel needy, salesy or manipulative to get the investor funding you need.Has shared the stage with people like: Robert Kiyosaki, George Foreman, Robert Herjavek, Arlene Dickinson, Ted Thomas, and many more.Has been interviewed on over 50 different podcasts, including: "The Best Ever Real Estate Show" with Joe Fairless, Breakthrough Real Estate Podcast, The Note Closers Show, and many others. Has spoken for numerous Real Estate Investment Clubs, Organizations and Groups including: The REITE Club, Smart Home Choice, OREIO, RENTS, REAG, NREIC, OREIG, REIGS, Kingston Real Estate Investors and more.On Today's Show Dave DiscussesWhat is Private MoneyHis transition into Private MoneyThe 5 principles of getting private moneyGathering your contacts on your phoneHaving a deal under your belt for credibilityLinks From The Podcast✉ firstname.lastname@example.org☎ 250.374.2897
Summary: Lack of financial education creates some of the most pressing problems that people face in their lives. I sit down with bestselling author and financial expert John MacGregor to discuss how to tackle this, and what you can do to get on the right track. When it comes to finances, it can be helpful to learn from the mistakes of others and look for advice on how to avoid financial mistakes. Tune in to hear more on the philosophy behind better financial decision making and to learn how you can change your mindset and practices. Highlights: -Lack of financial education is causing a lot of problems amongst individuals -The percentage of people living paycheck to paycheck has gone up significantly -Many people know what to do with their money but don't do it—it's more of a behavioral problem -Learning from people's mistakes is genius—it's important to learn why people suffer financially and how to avoid this -There are many underlying beliefs that make us form bad spending habits, and it causes people to get stuck in a bad cycle -Other aspects of your life improve as well when you improve your financial habits and mindset -“Above the line, below the line” is a mentality that helps -Many people think that there is a quick fix to your financial problems—or hope in a box -Small things you do on a daily basis can transcend your entire life -Be, do, and have—it's important to do all of these things -For many people, it's not enough of a priority to make the changes they need to make until it's too late -It's important to understand what drives people to make specific financial decisions, and what their beliefs are -There's a direct correlation between financial disorganization and financial destruction -Hope is not a retirement strategy—it's important to start thinking and planning now for your future Useful Links: Financial Survival Network John MacGregor Bullish on Gold? Why Not Own the Gold Mine? – Robert Kiyosaki, Peter Schiff, John MacGregor Wall Street is Gambling with Your 401(k) – Robert Kiyosaki, Ted Siedle, and John MacGregor
Want to avoid mistakes in Long Distance Investing? Download your FREE document at billykeels.com/7mistakestoavoid Going Long Podcast Episode 164: How Investing in MultiFamily Real Estate can Energise your Life In the conversation with today's guests, Vincent Rodriguez, you'll learn the following: [00:17 - 04:44] Show introduction with comments from Billy. [04:44 - 07:24] Guest introduction and first questions. [07:24 - 13:01] The backstory and decisions made that led Vincent to this point in his journey. [13:01 -17:30] What brought Vincent to the role of selling books door to door in America. [17:30 - 23:31] Some of the geographical areas that Vincent has been investing in, and reasons why Vincent decided to invest long distance and outside of his home state in Real Assets, rather than only investing in his local market location. [23:31 - 30:48] How the role of Networking is helping Vincent to reach the goal of doubling his net worth. [30:48 - 33:33] The things that hold back corporate professionals from going into Real Asset investment, and what will motivate them and convince them to actually make that move. Here's what Vincent shared with us during today's conversation: Where in the world Vincent is based currently: Orange County, California. The most positive thing to happen in the past 24 hours: Talked to his Immigration Attorney and made some progress regarding getting his Green Card sorted out faster. Favourite European City: London, United Kingdom. A mistake that Vincent would like you to learn from so that you don't have to pay full price: Get over your self limiting beliefs and realise that you can potentially do anything if you put your mind to it! Book Recommendations: The Cashflow Quadrant, by Robert Kiyosaki. Be sure to reach out and connect with Vincent Rodriguez by using the info below: Website: https://anviinvest.com/ Email: email@example.com Instagram: https://www.instagram.com/anviinvest/?hl=en-gb To see the Video Version of today's conversation just CLICK HERE. How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI Start taking action TODAY so that you can gain more Education and Control over your financial life. Do you want to have more control and avoid the mistakes that I made getting started in long distance investing? Then you can DOWNLOAD the 7 Mistakes to Avoid in Long Distance Investing Guide by clicking HERE. Be sure to connect with Billy! He's made it easy for you to do…Just go to any of these sites: Website: www.billykeels.com Youtube: billykeels Facebook: Billy Keels Fan Page Instagram: @billykeels Twitter: @billykeels LinkedIn: Billy Keels
Today, our expert guest is Erik Cabral, Founder of the media agency, On Air Brands, the innovative networking and podcasting event PodMAX, and real estate investment company, Mindado Investment Group. He's also the host, co-host, and/or producer on multiple shows, himself: Entrepreneurs Circle, Capital Hacking, On Air Brands LIVE, Cashflow Ninja, the Hidden Entrepreneur, and True MultiFamily. With multiple businesses, partnerships, and podcasts, Erik is the quintessential “serial entrepreneur” who spends much of his time helping others grow their businesses, brands, and reputations. Erik spent twenty years grinding in corporate America. The second time he was laid off, despite many high-paying offers on the table, Erik decided to step back and examine why he was so unhappy and unfulfilled in his life. He stumbled upon the book Rich Dad, Poor Dad by Robert Kiyosaki and it changed everything for him. We're in a renaissance age with respect to the industry he's found himself in. Several years ago, everyone realized they needed to have a website for their business. Now, everyone is starting to realize that it is critical to have a podcast if you have a business. You can podcast for many different reasons, but if you're running a business, people want to know the people behind that business. They want to know the story behind the logo. Why should you start a podcast? Whether you have a job and want to start a podcast on the side, or you're in the early stages of building a business, you can approach it in many different ways. You can start a podcast now in order to document your journey – which people love – and they can even go back and listen to your earlier episodes to recognize and appreciate your growth. Whatever you do, don't start a podcast as a vehicle to sell. If you do, your show won't last. People can smell salesmanship through their earbuds – and they won't like it. If you genuinely think you can help someone, just talk about what you do. If it's of interest people will come to you. Don't get hung up on the equipment or the technicality of it all. Just start. Anyone can start a podcast. Don't let perfectionism get in the way. Empower yourself, give yourself the space to discover and grow, and you may find a whole new channel for expressing yourself while also growing your business and authority. The Biggest Helping: Today's Most Important Takeaway “I really, truly feel, especially in this day and age when there's so much divide, that people have to understand that we are more alike than we are different. We can come to the table by learning about each other and honoring and celebrating each other and our differences. And, you can do that by just reaching out to people and having empathy for people so that you understand where they're coming from. Everyone has reasons why they think or do, but we're all human. We're all here to help each other and love on each other and that's truly the message that I'm trying to put out there and really summed up through my mission in life and my company's mission, which is changing the world, making the world a better place, one mic at a time, and that's really the driving force behind what I do.” -- Thank you for joining us on The Daily Helping with Dr. Shuster. Subscribe to the show on Apple Podcasts, Stitcher, or Google Podcasts to download more food for the brain, knowledge from the experts, and tools to win at life. Resources: erikcabral.co onairbrands.com The Daily Helping is produced by Crate Media
Robert Kiyosaki's Cone of Learning illustrates that while we only remember 10% of what we read after two weeks, we recall a full 90% of what we say and do. And that's why aspiring investors who work through a simulation of their first deal are so much more confident than those who don't practice the process beforehand. But what does it look like to simulate your first multifamily deal? Where can you go to rehearse the steps in the Deal Maker Blueprint and gain the confidence to follow through? On this episode of Financial Freedom with Real Estate Investing, Nighthawk Equity President Drew Kniffin joins me to discuss our upcoming Deal Maker Bootcamp in Orlando this January and explain how the workshop simulates the process of finding and closing on your first multifamily deal. We explore the benefits of simulating your first deal and following a proven process, challenging you to master the critical skill of analyzing deals quickly and accurately. Listen in for insight on the three kinds of people you need in your real estate network (and where to find them) and learn our top strategies for simulating your first apartment deal and building confidence while you practice in a safe environment. Key Takeaways Robert Kiyosaki's Cone of Learning Remember 10% of what we read Remember 50% of what we see and hear Remember 90% of what we say and do The benefits of simulating your first deal Builds confidence Know what to expect if LOI accepted How to simulate your first multifamily deal Practice in throw away market Visit larger properties Build sample deal package The 3 kinds of people you should network with Peer group (Deal Maker's Mastermind) Mentors who've done what you want Partners with complementary skills Why we recommend following a proven process Don't have figure out next step on own Avoid expensive mistakes The benefit of being able to analyze deals Need for negotiating and making offers Confidence to talk to brokers/investors Connect with Drew Kniffin Nighthawk Equity Drew on Twitter Drew on LinkedIn Resources Register for Michael's Deal Maker Bootcamp Learn More About Michael's Mentoring Program Join Michael's Deal Maker's Mastermind Learn More About Deal Maker Live Get Michael's Blueprint to Your First Multifamily Deal Access Michael's Syndicated Deal Analyzer Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank Robert Kiyosaki's Cone of Learning Sample Deal Package The Deal Maker Certification on MB EP262 Podcast Show Notes Michael's Website Michael on Facebook Michael on Instagram Michael on YouTube Apartment Investor Network Facebook Group
Today we have a case study investor, Winston Templet. He is a member of both the Empowered Investor Inner Circle and The Collective Mastermind. He is a real estate investor with an amazing and very inspiring "rags to riches" story. He also has a unique way of calculating his ROI on his portfolio which he shares with us today. As Jason has taught before, income property is a multi-dimensional asset class which can make you money in so many ways such as rent, depreciation tax benefits, leverage, equity build up through mortgage pay down, inflation induced debt destruction. But today Winston shares how much he's making through just one metric- appreciation. But not only does Winston share how he calculates his ROI but he also shares a part of his life story and the hard lessons he's learned to hopefully inspire, motivate and encourage you in your real estate journey. You can also check out Jason's YouTube channel to watch the video! Key Takeaways: Jason's editorial: [1:28] Introduction [3:27] He didn't have a head start [3:52] Earning $550 per hour from just one metric- appreciation [4:32] A little secret [4:58] Jason's sample calculation [6:16] A bogus metric- Return on Equity [7:58] An amazing year in real estate [10:05] Don't underestimate what you can do in 5 years [12:01] Protect your assets IN ADVANCE, visit JasonHartman.com/Protect for a FREE Web Class [13:00] Reach out to us JasonHartman.com or 1-800-Hartman Winston Templet Interview: [14:00] Meet Winston [16:10] The rags before the riches [17:54] Building a business with sacrifice [20:25] My first trailer park [22:02] Investing in yourself [23:27] Learning to read the Bible at age 30 [24:24] Great lessons learned [26:57] Joining Rich Dad and engaging in the Empowered Investor Inner Circle & The Collective Mastermind [28:56] Buying an entire neighborhood [29:29] ROI Spreadsheet from one metric alone- appreciation [33:45] Making $1,100 after dinner [34:21] Put that TV remote down! [37:28] Forecast appreciation of 17%- 15¢ per second [39:43] A personal message [41:54] Giving back to our community Mentions: JasonHartman.com/Protect 1-800-Hartman JasonHartman.com Tweetables: If people invest in themselves, it will pay back tenfold easy- Winston Templet The most expensive education we will ever get, is from the real world- Jason Hartman Learn from the mistakes of others- Jason Hartman A big key to success is the willingness to delay gratification- Jason Hartman The most dangerous moment comes with victory- Napoleon Bonaparte The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you're on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets. Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com Jason's TV Clips: https://vimeo.com/549444172 Asset Protection, Tax Savings & Estate Planning: http://JasonHartman.com/Protect What do Jason's clients say? http://JasonHartmanTestimonials.com Easily get up to $250,000 in funding for real estate, business or anything else http://JasonHartman.com/Fund Call our Investment Counselors at: 1-800-HARTMAN (US) or visit www.JasonHartman.com Guided Visualization for Investors: http://jasonhartman.com/visualization
Access Your FREE GIFT - Awaken Your Astronomical Vision - https://demartini.ink/superhuman Dr. John Demartini is a world renowned specialist in human behavior, a researcher, author and global educator. He has developed a series of solutions applicable across all markets, sectors and age groups. His education curriculum ranges from corporate empowerment programs, financial empowerment strategies, self-development programs, relationship solutions and social transformation programs. His teachings start at the core of the issue, addressing the human factor and range out to a multitude of powerful tools that have proven the test of time. He has studied over 30,000 books across all the defined academic disciplines and has synthesized the wisdom of the ages which he shares on stage in over 100 countries. His presentations whether keynotes, seminars or workshops, leave clients with insights into their behavior and keys to their empowerment. Dr. Demartini has addressed public and professional audiences up to 11,000 people at a time across the world and shared the stage with some of the world's most influential people such as Sir Richard Branson, Stephen Covey, Steve Wozniak, Robert Kiyosaki, Tony Fernandes, Wayne Dyer, Deepak Chopra, Donald Trump and many more. From the thousands of testimonials he receives annually, Dr Demartini's work changes people's lives forever. Connect with Dr. Demartini: Website - https://drdemartini.com/ IG - https://www.instagram.com/drjohndemartini/ YouTube - https://www.youtube.com/user/DrDemartini/featured --- Connect with Frank and The Super Human Life on Social Media: Instagram: https://www.instagram.com/thesuperhumanfrank/ Facebook: https://www.facebook.com/groups/584284948647477/ Website: http://www.thesuperhumanlifepodcast.com/tshlhome YouTube: https://www.youtube.com/channel/UCjB4UrpxtNO2AFtDURMzoKQ
My guest today has a very unconventional background and unique path to success. She started as a single mom at the age of 16 living in subsidized housing. Somewhere along the way she became a real estate investor and now controls a $65 Million Real Estate Portfolio built with “Other People's Money”. Edna Keep also left a lucrative career as a financial advisor to invest full time in long-term, buy & hold, rental apartment buildings. She's also a successful author, teacher, and real estate investment expert. Today Edna is going to discuss her early training with Robert Kiyosaki, the importance of having the right coach, why she refuses to live ‘within her means', and her transition from investing in single family homes and condos to value-add multifamily. Edna also goes into detail on when & how to ask for seller financing, and why that can be beneficial to the seller as well. I know you're going to enjoy this conversation with Edna. You can find out more about her through her website: https://ednakeep.com You can also view Edna's 25 minute webinar here: https://ednakeep.com/90daysto5k Today's episode is brought to you by Green Property Management, Now offering a $250 Per Unit Project Allowance to New Clients in West Michigan. Text "Green250" to 21000, or visit them on the web at: https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits. https://www.rcbassociatesllc.com