Podcasts about Wells Fargo

Christine Fruehwirth is the CEO and Founder of FlexCareers Consulting, and with more than 20 years of career counseling and life coaching experience, she helps college grads land jobs and stay-at-home parents return to the workplace. She's a passionate advocate for technology, and helps students and “re-launchers” alike hone their skills for the new “AI Age”, including creative problem solving and entrepreneurial skills. A former career consultant and instructor of a Career Management Strategy course at George Washington University, and most recently Georgetown University, developed an expertise in helping undergraduates of all majors recruit for and successfully obtain internships and full-time positions in the financial services industry, where she previously spent a decade focused on consumer and later investment banking at America, Capital One, Wells Fargo, and Lending Tree. Christine is also the author of Surviving Life's Storms and Thriving in the Aftermath.

Introducing “The Four Heavies" - manipulation, intimidation, coercion, and deceit - in today's episode, McKay demonstrates the detrimental impact they can have on individuals and organizations. He argues that while these tactics may yield short-term results, they create unhealthy patterns in mental and emotional development, ultimately undermining trust and growth.McKay illustrates these effects with personal stories: Anna's anxiety from manipulation, Marcus's isolation from intimidation, and Lena's trust issues from deceit. He extends this to corporate failures like Enron and Wells Fargo, showing how "The Heavies" disrupt brain development and foster toxic cultures. Our host then offers actionable alternatives: focusing on potential, modeling calmness, and cultivating empathy. Join him today to transform your parenting and leadership for lasting success.Main Themes:"The Four Heavies" (manipulation, intimidation, coercion, deceit) are detrimental to individual development and organizational culture.Childhood experiences of "The Four Heavies" profoundly impact brain development, emotional regulation, and future relationships.Organizational cultures can mirror individual parenting styles, leading to systemic problems when built on "The Four Heavies."Focusing on the potential of others fosters growth and healthy relationships.Modeling calm, desired behavior creates a safe environment for emotional processing and learning.Empathy is a powerful tool for connection and leadership, leading to trust and attraction.Positivity correlates with success, even more than aptitude.Avoiding "The Four Heavies" leads to more effective leadership, greater satisfaction, and positive impact.Self-compassion is important as we strive for improvement.Top 10 Quotes:"The long-term effect of using ‘The Four Heavies' is extremely unhealthy.""Underneath the surface, we all have a richer, more valuable person.""When we see this potential, it's natural to lead genuinely and authentically.""Coercion uses fear or punishment to force behavior.""When individuals feel manipulated or unsafe, they seek healthier environments.""Being calm invites reasoning and thinking.""Positivity heavily correlates to predicting a person's success, even if they lacked aptitude."Show Links:Open Your Eyes with McKay Christensen

Should investors keep leaning into the record-setting rally? We discuss with New York Life Investments' Lauren Goodwin,  Bartlett's Holly Mazzocca and Wells Fargo's Scott Wren. Plus, Frederic Mishkin – former Federal Reserve Governor – tells us what he is expecting from the Fed. And, Fundstrat's Tom Lee breaks down his post-Fed playbook.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chris Maurice, CEO and Co-Founder of Yellow Card, reveals how stablecoins are shaking up global payments. From discovering Bitcoin at college parties to a chance encounter at a Wells Fargo, Maurice shows how stablecoins tackle real problems by making cross-border transfers faster, cheaper, and easier. With rapid expansion into new markets and game-changing partnerships, Yellow Card is driving the mainstream adoption of stablecoins and reshaping the future of digital payments.  Links mentioned from the podcast:  Chris's Twitter Yellow Card Website Follow us on Twitter:  Sam Ewen, CoinDesk  From our sponsor: Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase. Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit https://www.midnight.gd/ and prepare for the Midnight Glacier Drop. - "Gen C" features host Sam Ewen. Executive produced by Uyen Truong.

Discover how to create your own economy through private banking and unlock the foundation of lasting financial freedom. In this episode of the Private Banking Strategies Podcast, Vance Lowe and Seth Hicks, Esq. reveal how to restructure your cash flow so your money works for you instead of enriching centralized banks like Wells Fargo or Bank of America. You'll also hear a real-world example … Continue reading Unlocking the Key to Financial Abundance | Wealth Building & Money Strategies | Episode 132 →

Chris Maurice, CEO and Co-Founder of Yellow Card, reveals how stablecoins are shaking up global payments. From discovering Bitcoin at college parties to a chance encounter at a Wells Fargo, Maurice shows how stablecoins tackle real problems by making cross-border transfers faster, cheaper, and easier. With rapid expansion into new markets and game-changing partnerships, Yellow Card is driving the mainstream adoption of stablecoins and reshaping the future of digital payments.  Links mentioned from the podcast:  Chris's Twitter Yellow Card Website Follow us on Twitter:  Sam Ewen, CoinDesk  From our sponsor: Midnight is introducing a novel approach to token distribution. The Midnight Glacier Drop is a multi-phase distribution of the NIGHT token, aimed at empowering a broad, diverse community to build the future of the Midnight network. Holders of ADA, BTC, ETH, SOL, XRP, BNB, AVAX and BAT are eligible to participate in the first phase. Help usher in the next generation of blockchain with rational privacy and cooperative tokenomics on the Midnight network. To learn more, visit https://www.midnight.gd/ and prepare for the Midnight Glacier Drop. - "Gen C" features host Sam Ewen. Executive produced by Uyen Truong.

In this episode of What's the Risk we're joined by the CEO of Dimensional Australia Bhanu Singh. This is our second episode with Bhanu as we learn more about the "the biggest fund manager you've never heard of".In this episode we take a look at the intricacies of the active vs passive debate, and find out Bhanu's definition of passive. Bhanu also explains how the flexibility of Dimensional's approach allows them to trust the market, but also not be tied to the rigidity of index tracking rules which can lead to higher trading costs, overweighting some stocks, or having a long delay before a stock is included in an index, potentially costing investors returns.Dimensional have a deep research pedigree. Their founders and board members were part of some of the biggest developments in modern finance. David Booth and Rex Sinquefield were part of various groups who developed the first index funds at Wells Fargo and American National Bank, before leaving to start DFA where they then started Dimensional to build the first microcap fund for institutions.Want to learn more about investing? Get our Book: https://www.amazon.com.au/Your-Investment-Philosophy-Protecting-Fraudsters-ebook/dp/B0BCPJ8BGC/ https://www.mfg.com.au Mancell Financial Group is an Authorised Representative No. 226266 and Credit Representative No. 403187 of FYG Planners Pty Ltd, AFSL/ACL No. 224543. ABN 29 009 541 253. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Pillars of Wealth Creation, Todd sits down with Brad Johnson to discuss the realities of mobile home park investing. Brad shares how he first tried managing parks from 2,000 miles away, only to realize the inefficiencies of remote operations. Today, he focuses on providing capital to local operators with the infrastructure and systems needed to manage these communities effectively. Mobile home parks are an operationally intensive asset class, essentially functioning like small cities for 100+ families. Success requires strong teams, reliable rent collection, and well-built systems to manage expenses and infrastructure. Brad emphasizes the importance of investing with experienced operators who understand how to grow NOI and sustain communities—rather than newcomers chasing an idea without a plan. Favorite Book: Poor Charlie's Almanac By Charles T Munger 3 Pillars 1. Compounding 2. After Tax Return Wealth 3. Diversification Brad Johnson is the Co-Founder and Chief Investment Officer of Vintage Capital, where he leads private alternative investment strategies with a focus on mobile home parks and private credit. With over 20 years of experience in real estate and private equity, he has closed more than $3.3 billion in transactions and brings prior expertise from Wells Fargo's Eastdil Secured, TA Associates Realty, and The Swig Company. Brad holds a B.S. from Cal Poly San Luis Obispo and an M.B.A. from MIT. If you would like to connect with Brad Johnson, visit vintage-funds.com YouTube: www.youtube.com/c/PillarsOfWealthCreation Interested in coaching? Schedule a call with Todd at www.coachwithdex.com Listen to the audio version on your favorite podcast host: SoundCloud: https://soundcloud.com/user-650270376 Apple Podcasts: https://podcasts.apple.com/.../pillars-of.../id1296372835... Google Podcasts: https://podcasts.google.com/.../aHR0cHM6Ly9mZWVkcy5zb3VuZ... iHeart Radio: https://www.iheart.com/.../pillars-of-wealth-creation.../ CastBox: https://castbox.fm/.../Pillars-Of-Wealth-Creation... Spotify: https://open.spotify.com/show/0FmGSJe9fzSOhQiFROc2O0 Pandora: https://pandora.app.link/YUP21NxF3kb Amazon/Audible: https://music.amazon.com/.../f6cf3e11-3ffa-450b-ac8c...

My guest is Michael Snyder, PhD, professor of genetics at Stanford and an expert in understanding why people respond differently to various foods, supplements, behavioral and prescription interventions. We discuss how to optimize your health and lifespan according to what type of glucose responder you are, which genes you express, your lifestyle and other factors. Dr. Snyder also explains the key ages when you need to be particularly mindful about following certain health practices. We also discuss how people respond in opposite ways to different fiber types. This episode ought to be of interest and use to anyone seeking to understand their unique biological needs and how to go about meeting those needs. Sponsors AGZ by AG1: https://drinkag1.com/huberman Wealthfront*: https://wealthfront.com/huberman David: https://davidprotein.com/huberman Eight Sleep: https://eightsleep.com/huberman Function: https://functionhealth.com/huberman *This experience may not be representative of the experience of other clients of Wealthfront, and there is no guarantee that all clients will have similar experiences. Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC. The Annual Percentage Yield (“APY”) on cash deposits as of December 27,‬ 2024, is representative, subject to change, and requires no minimum. Funds in the Cash Account are swept to partner banks where they earn the variable‭ APY. Promo terms and FDIC coverage conditions apply. Same-day withdrawal or instant payment transfers may be limited by destination institutions, daily transaction caps, and by participating entities such as Wells Fargo, the RTP® Network, and FedNow® Service. New Cash Account deposits are subject to a 2-4 day holding period before becoming available for transfer. Timestamps 00:00 Michael Snyder 03:33 Healthy Glucose Range, Continuous Glucose Monitors CGM, Hemoglobin A1c 09:02 Individual Variability & Food Choice, Glucose Spikes & Sleepiness 12:18 Sponsors: AGZ by AG1 & Wealthfront 15:16 Glucose Spikes, Tools: Post-Meal Brisk Walk; Soleus “Push-Ups”; Exercise Snacks 21:06 Glucose Dysregulation, Diabetes & Sub-Phenotypes, Tool: Larger Morning Meal 28:34 Exercise Timing, Muscle Insulin Resistance 30:49 Diabetes Subtyping, Weight, Glucose Control; Incretins 35:41 GLP-1 Agonists, Diabetes, Tool: Muscle Maintenance & Resistance Training 38:40 Metformin, Berberine, Headaches 41:01 GLP-1 Agonists, Cognition, Longevity, Tool: Habits Support Medication; Cycling 47:41 Subcutaneous vs Visceral Fat, Organ Stress 49:10 Sponsors: David & Eight Sleep 51:58 Meal Timing & Sleep, Tools: Post-Dinner Walk, Routines, Bedtime Consistency 57:16 Microbiome, Immune System & Gut; Diet & Individual Variability 1:02:52 Fiber Types, Cholesterol & Glucose, Polyphenols 1:09:50 Food As Medicine; Fiber, Microbiome & Individual Variability; Probiotics 1:18:48 Sponsor: Function 1:20:35 Profiling Healthy Individuals, Genomes, Wearables 1:26:31 Whole-Body MRIs, Nodules, Healthy Baseline, Early Diagnosis 1:34:07 Sensors, CGM, Sleep, Heart Rate Variability HRV, Tools: Mindset Effects, Increase REM 1:39:30 HRV, Sleep, Exercise, Tool: Long Exhales; Next-Day Excitement & Sleep 1:42:48 Organ Aging, “Ageotypes”; Biological Age vs Chronological Age 1:49:41 Longevity, Health Span, Genetics, Blue Zones 1:52:19 Epigenetics, Viral Infection & Disease 1:58:54 ALS, Heritability; Neuroprotection, Nicotine 2:03:47 Air Quality, Allergies, DEET & Pesticides, Inflammation, Mold; Microplastics 2:15:02 Single-Drop Blood Test & Biomarkers, Wearables, Observational Trials 2:20:33 Acupuncture, Blood Pressure 2:26:40 Immersive Events & Mental Health Benefits 2:34:59 Data, Nutrition & Lifestyle; Siloed Health Care vs Personalized Medicine 2:43:06 Zero-Cost Support, YouTube, Spotify & Apple Follow & Reviews, Sponsors, YouTube Feedback, Social Media, Neural Network Newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices

A Story That Changes the Way You See Wealth When Bruce and I sat down with Michael Cole for The Money Advantage Podcast, the conversation didn't just scratch the surface of wealth management—it went straight to the heart of what wealth really means. Here's a man who has advised families with an average net worth of more than $500 million, co-founded the largest network of centimillionaires in the U.S., and written the bestselling book More Than Money. https://www.youtube.com/live/DTWacmQHhSU And yet, when we asked him about retirement, he smiled and said, “I don't plan on retiring. I'm finally doing the work that's closest to my life purpose.” That one statement reframed everything. Because if someone with Michael Cole's track record and access to the ultra-wealthy believes that life purpose—not just money—is the real destination, then we all have something to learn. A Story That Changes the Way You See WealthWhy This Matters to YouMichael Cole's Journey to the Top of Wealth ManagementWealth Is More Than Money – The Six Forms of CapitalThe Impact of Wealth – Purpose Over PossessionsBuilding a Culture That Outlasts YouWhat the Ultra-Wealthy Invest in Right NowOvercoming Cultural Narratives About WealthWhat Michael Cole Teaches Us About WealthBook A Strategy Call Why This Matters to You Whether you're just starting to build wealth, sitting on a successful business, or thinking about how to transfer assets to the next generation, the insights from Michael Cole matter to you. Here's why: Michael has spent decades inside family offices, helping entrepreneurs, centimillionaires, and billionaires not only grow their capital but also grow their impact. He's seen firsthand what works—and what fails—when it comes to preserving wealth and legacy. In this article, Bruce and I want to unpack the conversation we had with Michael Cole so you can walk away with: A clear understanding of why wealth is more than money How to think about the impact of wealth on your family and community Practical insights into what the ultra-wealthy are investing in right now How to create a family culture that outlives you Most importantly, you'll see how Michael Cole's perspective can empower you to stop chasing money as the end goal and start building a legacy that truly matters. Michael Cole's Journey to the Top of Wealth Management Michael's resume reads like a roadmap of the private wealth industry: Merrill Interest Trust Company, Wells Fargo's Abbott Downing, Ascent Private Capital Management, and Crescent Capital Management. At each stage, he wasn't just managing billions in assets—he was rethinking what it means to be a steward of wealth. And eventually, he co-founded R360, a peer-to-peer community of centimillionaires and billionaires built on one core belief: Wealth is more than money. That perspective didn't just come from financial spreadsheets. It came from listening. Michael Cole is the kind of leader who pauses before he answers, considers both sides, and responds with wisdom. That's why Bruce said during the episode, “Talking with you is like talking to my little brother. You think deeply, you listen, and you answer with both intellect and empathy.” Wealth Is More Than Money – The Six Forms of Capital Michael Cole teaches that wealth stewardship requires diversification beyond just financial assets. His model highlights six forms of capital: Financial capital – the money itself Intellectual capital – the knowledge and learning culture of a family Social capital – networks, relationships, and giving back Human capital – the character, skills, and wellbeing of family members Emotional capital – resilience, connection, and healthy communication Spiritual capital – purpose, values, and meaning Just as investors diversify portfolios, families must diversify their approach to legacy. As Michael told us, “If you're only focused on the money,

The best restaurant on the Seacoast?Some will tell you it's The Black Birch.Tucked away in Kittery Foreside, this gastropub is a fan favorite lauded for its deviled eggs, short rib, cocktails, and intimate setting. In fact, when Ben Lord and Gavin Baudry started dreaming of having their own spot while both serving tables of Anneke Jans, the vision they'd laid out is nearly identical to what "The Birch" has become. From Kittery Foreside, Ben Lord and host Troy Farkas discuss what led him and his business partners to open The Birch 14 years ago, its role in the evolution of Kittery Foreside, how the Birch has enjoyed 14 years of success, the state of the Seacoast restaurant industry, the labor shortage, and the key role his other restaurant, Chapel + Main, has played in the revitalization of downtown Dover.CHAPTERS:The appeal of the restaurant industry (00:00)Working at Anneke Jans (05:40)Why they opened The Black Birch (10:00)Bridge closures & Kittery Foreside's evolution (14:02)SPONSORS: Sea Love Portsmouth & Chinburg Properties (21:55)Why people love The Birch (24:50)EVENTS: Seacoast Stories Dinner Club & Seacoast Singles (33:55)Chapel & Main's role in revitalizing Dover (35:10)The state of the Seacoast restaurant scene (42:30)How do you want to be remembered? (57:30)EVENTS:Seacoast Singles Dating Show at The Press Room on Saturday, 9/13. Presented by Oomph Salon. ⁠Sign up here.⁠Seacoast Stories Dinner Club in Kittery on Wednesday, 9/17. Meet your new best friends by ⁠signing up here.⁠SPONSORS:⁠⁠Sea Love Portsmouth⁠: Get 20% off your Portsmouth candle-making experience by saying "SEACOAST STORIES" in store. Book online today.⁠⁠⁠Chinburg Properties⁠⁠⁠⁠David Higgins: The official investment office of "Seacoast Stories!" Email ⁠⁠⁠⁠⁠⁠⁠david.higgins@wellsfargoadvisors.com⁠⁠⁠⁠⁠⁠⁠ to get started on the path toward better investment.Investment and insurance products are Not Insured by the FDIC or Any Federal Government Agency, Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate, Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested.Investment products and services are offered through Wells Fargo Clearing Services (WFCS), LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFCS uses the trade name Wells Fargo Advisors. 1 North Jefferson, St. Louis, MO 63103.

Selling has always been at the heart of business growth—but how we sell, who sells, and what customers expect has changed dramatically. On this episode of On the Brink with Andi Simon, I spoke with Tsahala David, CEO of Great Revenue, a sales consulting firm that helps B2B software companies grow smarter and faster. With an extraordinary background—MIT MBA, tech founder, and sales leadership roles at IBM and Salesforce—Tsahala has seen sales from every angle. Her story and insights reveal not just how to grow revenue but how to thrive in a new era of sales transformation From Startup Founder to Sales Leader Tshala's journey began in Israel, where she completed military service and studied psychology before shifting into computer science. After founding her own tech company in her twenties, she confronted an early challenge many entrepreneurs face: defining her role. At first reluctant to call herself “CEO,” she quickly realized that imposter syndrome had to be shed—because if you're running the business, you are the CEO That early startup experience gave her first-hand knowledge of the uphill battle founders face in selling products, building teams, and convincing investors. Seeking more tools, she went to MIT for her MBA, then built a 20-year career in sales at global giants like IBM and Salesforce, closing multi-million-dollar deals with clients like Wells Fargo and Cisco. At Salesforce, she learned what she calls the “power of sparkle”—the way a company can attract talent, customers, and attention by combining strategy with personality and brand charisma. These lessons now fuel her work at Great Revenue, where she helps companies align their sales strategies with today's market realities. Common Mistakes in Startup Sales One of Tsahala's most valuable contributions is diagnosing the mistakes founders and sales leaders make at different growth stages. Early-stage startups often believe that signing a few reseller “partners” means they have a sales team. But, as Tshala warns, relying on partners who only earn commission when they sell means sales rarely happen. The real cost isn't money—it's lost time, and in startups, six months of delay can kill your competitive advantage Later-stage companies often get compensation plans wrong. She shared a case where salespeople were paid less for online orders than phone orders. Predictably, reps discouraged online buying and insisted clients call them—hurting profitability and wasting resources. The lesson? Follow the money. Salespeople respond to incentives, so design compensation plans with the outcomes you want Sales management is another weak spot. Too often, managers don't require reps to prepare for pipeline meetings. Tshala recommends using simple forms that force reps to answer key questions—deal size, decision makers, last contact, close date. This not only helps managers track progress but also helps sellers spot gaps in their deals The Role of AI in Sales Naturally, our conversation turned to AI in sales. Tsahala sees tools like ChatGPT as game-changers for research and preparation. Instead of spending hours digging through reports, salespeople can instantly access a company's strategy, leadership, and metrics. But there's a catch: weak sellers often use AI as a crutch, staying at a generic level. Strong sellers know to go deeper, asking sharper questions and tailoring insights to the customer's specific needs. AI, Tshala argues, empowers strong sellers but won't rescue weak ones The future belongs to those who combine technology with human curiosity, empathy, and problem-solving. Shifts in Buyer Behavior Another theme we explored was the dramatic shift in how buyers engage with sellers. Older generations may remember sitting across the table until a contract was signed. But today's buyers often don't work in offices, don't answer phones, and rely on digital channels to research solutions. Events are no longer centralized; instead, buyers connect through fragmented online communities—from LinkedIn groups to Discord servers. That means marketing now owns much of the top of the funnel, while sales must focus on converting leads and building trust. Sellers today must immerse themselves in buyers' digital worlds, positioning themselves not just as vendors but as collaborators in problem-solving Key Takeaways for Sales Leaders As we wrapped up our conversation, Tsahala emphasized that sales is a profession, not a side hustle. Everyone thinks they know how to sell—after all, we've all sold something, even if just a used car or lemonade stand. But true sales success requires expertise, structure, and strategy. Here are her top three lessons for sales leaders and entrepreneurs: Don't go it alone. Sales consulting isn't optional—it's an investment in avoiding costly mistakes. Design incentives wisely. Compensation plans drive behavior. Align them with your business goals. Embrace change. Buyer behavior, sales roles, and technology are evolving. Those who adapt will thrive Why This Matters Now We are living through a great transformation in sales. Marketing and sales are no longer siloed; collaboration is essential. AI accelerates preparation but cannot replace human insight. And customer expectations continue to evolve. For CEOs, founders, and sales leaders, Tsahala David's message is clear: if you want revenue growth, you must rethink your approach to sales. Invest in your people, design smart processes, and leverage technology thoughtfully. Sales isn't just about closing deals anymore—it's about creating value, building trust, and collaborating with buyers in ways that meet them where they are. Watch our interview on YouTube Listen + Subscribe: Available wherever you get your podcasts—Apple, Spotify, Stitcher, YouTube, and more. If you enjoyed this episode, leave a review and share with someone navigating their own leadership journey. Reach out and contact us if you want to see how a little anthropology can help your business grow.  Let's Talk! From Observation to Innovation, Andi Simon, PhD CEO | Corporate Anthropologist | Author Simonassociates.net Info@simonassociates.net @simonandi LinkedIn

Title: The Unconventional Investor: Why Following the Crowd is Costing You Millions With M.C. Laubscher Summary: In this episode of the Passive Income Attorney Podcast, host Seth Bradley welcomes back MC Lobster, a cashflow investor and entrepreneur. They discuss the importance of diversification in income streams, exploring various investment vehicles beyond traditional methods. MC shares insights from his journey from South Africa to the U.S., emphasizing the opportunities available for those willing to take action. The conversation covers innovative cashflow niches, including agriculture, energy, life settlements, and music royalties, as well as strategies for achieving financial freedom. MC highlights the mindset necessary for successful investing and the importance of accountability in personal and financial growth. Links to watch and subscribe: https://www.youtube.com/watch?v=II3UR8G3eWU Bullet Point Highlights: Mikkel Thorpe helps people relocate overseas and navigate tax issues. The expat lifestyle offers freedom and adventure beyond traditional living. Second residencies provide legal rights to live and work in another country. Tax benefits for U.S. citizens living abroad include the foreign earned income exclusion. Investing in real estate can provide both residency benefits and financial returns. Personal responsibility is crucial for achieving financial independence. Mikkel emphasizes the importance of emotional support during relocation. Countries like Panama offer favorable tax situations for expats. Understanding the legal obligations of living abroad is essential for compliance. Exploring different cultures can lead to personal growth and new opportunities. Transcript: Seth Bradley (00:10.572) What's going on y'all. Welcome back to a new episode of the Passive Income Attorney Podcast. Of course, your favorite place for learning about the world of alternative passive investing so that you can have more freedom, flexibility, and fun. Now, if you're ready to kick that billable out of the curb, start by going to attorneybydesign.com and download the Freedom Blueprint, which will also get you access to partner with us on one of our next passive real estate deals, which we'd love to have you on board for.   to help you on your journey to financial freedom. All right, today, let's talk about diversification in a particular way though. Let's talk about the different ways that you can make money. There are so many different ways. Unfortunately, for most of us, we have it in our heads that there's only one way. For my attorneys out there, well,   We just do our attorney thing and that's how we get paid. We have one stream of income, one active stream. Maybe we save for retirement through a 401k or we buy some stocks and bonds or play around on Robinhood or something like that. But we don't think about all the other ways that we can make money. If you've listened to my show before, I've had so many attorneys on here that have leveraged their knowledge, their background, their experience, their education as an attorney.   to catapult them in other aspects of life, in other avenues of business so that they can create multiple streams of income, whether that's through starting a side business, a side hustle, which eventually might become their full-time hustle or investing in real estate, both passively and or actively. There are so many different ways to make money, but there's more ways than just the things that we've talked about so far. There are so many different ways and there's no magic pill.   Right now we talk about syndications a lot on this show, but it's not a magic pill. I'm not preaching to you and telling you if you don't invest in a syndication or invest in syndications, then you're not going to become wealthy or that investing in real estate is the only way to become wealthy. It's not, it's a tried and proven way to become wealthy. And it's my favorite way and a lot of my guests favorite way, but it's not the only way.   Seth Bradley (02:30.814) And our guest today, MC Lobster, who is no stranger to this show. He's been on here before. He's actually our first repeat guest. but I love chatting with him. He's such a great guy. So knowledgeable. he is a true expert at this idea of diversification across so many different types of income that you can create for yourself. And he's on here on the show today, especially to talk about his new book, the 21 best cashflow niches, where we'll   jump into what some of those are. Some of these things you've probably never even heard about. We'll talk about life insurance contracts. We'll talk about agriculture, energy, of course, real estate and all of those things. But inside you, you'll get some new ideas about things that you never even thought you could invest in. MC Lobster is a cashflow investor and a serial entrepreneur. He's the creator and host of the top rated business and investing podcast, the cashflow Ninja.   which has been downloaded over 3 million times in over 180 countries. He's also the president and CEO of Producers Wealth, a virtual wealth creation firm that assists investors and business owners to set up and implement infinite banking. All right, without further ado, the one, the only MC Lobster, let's go. This is the Passive Income Attorney Podcast.   where you'll discover the secrets and strategies of the ultra wealthy on how they build streams of passive income to give them the freedom we all want. Attorney Seth Bradley will help you end the cycle of trading your time for money so you can make money while you sleep. Start living the good life on your own terms. Now, here's your host, Seth Bradley. MC Lobster, what's going on, brother? Welcome to the show.   Great to be back. Great to connect. Looking forward to our conversation.   Seth Bradley (04:25.71) Absolutely, man. You are my first repeat guest. So you have that honor. Awesome, man. Well, for our listeners that haven't heard you on the first episode, maybe just give a quick rundown of a little bit about your background and who you are and, you know, where you come from and all that kind of stuff,   Definitely honored.   M.C Laubscher (04:46.542) Yeah, originally from South Africa, came to the US in 2001 and just blown away with the opportunity in this in this country. I mean, there's literally no place with the upward mobility like the US. You can literally start here with absolutely nothing, which is what I did. Basically a backpack, a suitcase, five hundred bucks, sense of humor, sense of adventure. And I'm an entrepreneur investor. I've started several companies.   failed at a lot of them, they had a lot of success in some of them. I've been an investor since 2001 in real estate. And I have a couple of companies, people know me for the Cash Loan Ninja, which is a podcast that I started six years ago, which has turned into a full blown financial education company. We have podcasts, tools, resources, programs, and now books. And then also,   know, I have a company called Producers Wealth. We help folks all across the United States. In 49 states, set up infinite banking, a cashflow management strategy utilizing an insurance product. And then I also have a company where we do a lot of syndications in the resort and multifamily space called Producers Capital Partners. But I love cashflow. I love talking about cashflow, creating it.   positioning it efficiently and managing it and then multiplying it. So everything cashflow gets me excited.   Is that all you got going on, man?   M.C Laubscher (06:20.8) You know, throw throw throw a family that's very active and love to do stuff in there. I've got a beautiful wife and two young kids to all one for an off and three boy and a girl. So you can just imagine the energy there. So a full time job almost by itself, right?   That's   All right. Yeah. So many hours in the day, man. I don't know how you do it. I know how you do it. I love what you said about upward mobility, man. And I think we take that for granted in the US. So how is that different in other countries for us? don't even think about that sort of thing.   Yeah, so I grew up in South Africa and then I was fortunate enough, I traveled to a number of African countries and then I also traveled to a number of European countries, Latin American countries and Asian countries. And I don't think people realize, like if you're born in the United States, you literally won a lottery ticket. I it's I don't know how else to say it. When I got here, I looked at this and I'm like, wait a second. So there's not really like you could, mean,   You just bring your game, you start where you're at and the sky's the limit where, you know, it's very tough in certain countries. Let's just use Africa as an example, you know, in South Africa, the lack of infrastructure, supportive infrastructure for somebody starting there and maybe folks from other countries can relate like in Brazil is probably the same, a of Latin American countries that don't have the same infrastructure that's in the States. So let's just say you are,   M.C Laubscher (07:53.614) you're born on the lowest economic rung. That happens to folks, right? If you're born in the United States, well, you still have access to stuff. You could go to a library, jump on a computer, learn skills, there's public schools. When you're born in a shanty town in South Africa or in a favela in Brazil, you don't have the same access. And also when you come here, literally,   I mean, you look at all the rags to reach the stories and, funnily enough, a lot of it is immigrants. You see it, a lot of immigrants rise to the top because most of them, whether they're from Africa, the Middle East, Eastern European countries, Latin America, that's kind of what they experienced too. And I've had conversations with them too where they're like, man, you could do anything you want to here. There's nothing holding you back.   and the sky is limit. It's not even the limit. You could go to space if you want like Elon. no, it's an incredible place. It still is. We live in an incredible time in the US is an incredible country, where, you know, it's all what you make of it, and all how you approach it, right?   Yeah, for sure. mean, it's kind of like, the access to information, the access to technology, the access to education. I know that's kind of a, you know, we fight about that all the time, but we have access to those things up to a certain point for free. Whereas other places do not have that access to information, technology, education. And that in itself gives you power. Knowledge is power. It's not just a saying.   Yeah, think think about the time that we live in. Who is it? Who is in Star Trek? Was it like Buck Rogers or Captain Kirk? Was Captain Kirk the guy? So, I mean, I still remember and we had very little TV. I grew up inside everywhere. We had like two TV channels, but one of them had like Star Trek episodes on. And I still remember like he would press a button and talk to someone on the telly on like a like a television screen.   M.C Laubscher (10:01.082) and I always saw, man, that's, that's, it's so cool. They're not even the same galaxy at that stage, but they're talking to one another. I like they're in the same room. We have access to that. And for most part, it's free. We have like access to star Trek technology in the time that we live in for base, for, most, for the most part, it's free. So you have a smartphone and.   you have some service or an internet connection, you're good to go. yeah, and again, the technology, which, you know, it's the frenemy. It's your friend and it's the enemy. It's a frenemy. But for the most part, if you approach it right and utilize it right, now a lot of the opportunities, when I came here in about 2001,   It was just around the internet kind of boom. So most people didn't really know what was happening there yet, but now everybody's in it. and all over the world. So a lot of the opportunity that only existed in the U.S. then too, are now available in other areas for folks to start online businesses and that kind of stuff globally. You know, to bring it back with Africa, I see on my last visit, and it's been a while ago, but I just remember seeing folks walking around with smartphones and that's all they transected bank.   They do everything on their smartphones. They have SIM cards and they buy like airtime. And I'm like, man, what you could do with a smartphone these days. It's quite incredible. So it's starting to open up in other places. yeah, you know, it's quite, we live in remarkable times and sometimes I don't think we appreciate it because we're so used to it. It's like, man, why is my internet taking so long to get on? I'm like, does anybody remember dial-up?   You know, it's like. Yeah, it will dial up, man. It's like, yeah, if we click on a link on our phone or click on a link on our computer and it takes more than like, you know, a snap, we're just like, what is going on? This is ridiculous. I can't get anything done. like, well, what did you get done when you didn't have that?   M.C Laubscher (12:09.986) Yeah. Yeah. Yeah. As like I said, before I came to the States, I remember we had dial up and I would add to download emails. So you would start at dial up and you would basically hit start for your emails to download and you would go and grab a cup of coffee and do whatever you have to do. And like 20, 30 minutes later, your emails would have been downloaded. That's so now it's, it's like this and everything moves quicker, right? So you can, you can disrupt slow, archaic,   markets in any asset class really, really quickly with technology and boy, there's some dinosaurs, especially in the markets that we were operating, real estate being one of them. And I'm in insurance too, mean, both very, very big dinosaurs that's ready for disruption.   Yeah. Yeah. So let's talk about some of those things that you invest in. know you're pretty famous for infinite banking and also in commercial real estate. mean, what are some of the things that, are some of the best vehicles to invest in that you're seeing today and how has that maybe changed recently? I, and I asked that because there's a lot of people out there, you know, they'll listen to one podcast, right? And it'll just be like, you have to do this. If you don't do this one thing, if you don't take this one magic pill,   You're never going to be able to retire, achieve financial freedom, but we all know that that's not true. Hopefully we all know that, but what are, what are some of the investment vehicles that you love and why?   Yeah, I love what you just said. It's the maximalist approach, right? It's because I made my money in single family real estate that that's the only way to do it or multifamily or so. And that's why my show is to just get as many different ideas in business and real estate and commodities, paper assets. We covered crypto and blockchain since 2016, as I thought was was pretty exciting then. Now it's like out of control. But   M.C Laubscher (14:07.562) Actually, this ties into one of the reasons why I wrote my latest book, because most people would say, MC, you've interviewed like the best minds of business and investing and all these different opinions on your show, which was very funny in the beginning because we're so used to echo chambers. You know, I didn't want an echo chamber. So I would have someone on, for example, that hates Bitcoin. And then was someone on that loves it. And that's the only thing. And people are like, I don't understand. I'm like, yeah, you have to you're both sides of the argument.   and then to make a decision. But yeah, I wrote the 21 base cashflow niches, the book where I share, you know, the top 21 that's been shared on my show and I threw in five bonus ones there, but you know, as a marketer, 26 doesn't set as well as 21, right? It's funny how psychology works. Seven's good, 10, 20, 21. And then you gotta go to 50, I guess, or 100 off to that, right?   But anyway, 21 is what I used for the name of the book. Yeah, I mean, there's incredible niches that I don't think people think about. When you invest too, you know, this is just what I've done and I just share what I do. I eat my own cooking without throwing up. But what I initially did when I built the cashflow portfolio is I was very clear on what I was trying to accomplish with each investment. So what do I mean by that? So some investments you're going to buy,   that's going to be tax favorable, right? A little bit of light on the cash flow maybe, good on appreciation or a little bit light there, but really good on taxes. Then there's certain investments that's very strong on cash flow, okay on the taxes and good on appreciation. And then there's some that's purely on appreciation, okay on taxes and okay on cash flow, but it's really driven by the appreciation. And then there's some that   that's really good on all three. Knocks out a ton of taxes, great cash flow and appreciation like real estate is one of those assets that does that. So you have to be very clear when you build out a portfolio and I would advise just this is what I'm doing in the time that we're living in today that you have diversified income streams within a cashflow portfolio because we're living, mean, again, during times of great change   M.C Laubscher (16:29.25) There's going to be disruption. There's going to be chaos. You don't want to be in one. You don't want to put all of your eggs just in one basket. And that's you know, that's the horse that's going to win you the Kentucky Derby. You got to have a stable of horses and have many access to many different income streams. So what are some of the what are some of the coolest ones that I've seen? There are some some, know, if you're looking for taxes, there's some great plays and energy, great plays.   Disclaimer, not a tax accountant or CPA, but when you invest oil and gas, different energy projects, there's a very, very, very good tax incentives from a strong cash flow and so forth. So that's a great tax strategy, by the way, to offset active income, not just only passive income. If you do it properly and you're investing in it. And by the way, in case anybody hasn't checked energy prices.   It's just skyrocket. Try and put gas in wherever you are right now. So energy prices has a great appreciation with inflation, great cash flow and great taxes. the tax play is really good with that one. Then, of course, mean, different types of real estate. But one thing that I would share that was very interesting when I was writing this book is kind of reflecting on the years of and I've done this six years and all the people that I've interviewed. But one thing was very interesting.   So agricultural, the market is big. There's many different things in agriculture. And that's where a lot of folks obviously invest farmland, livestock, produce, that kind of stuff. What I found just fascinating was the portfolio allocations of some of the wealthiest people on this planet in timber, more specifically tea.   And I'm like, wait a second, because I've some friends that work in family offices, too. So when I came across this, I reached out to them and I'm like, I see like, is there a lot of like the some of the families that are working with you invested in this asset class? And they're like, yeah, it's in all of our portfolios. And I'm like, that is fascinating. So teak, which is in the timber category is is there. And then I started looking into this. And it's like institutional companies are buying this hedge funds.   M.C Laubscher (18:58.594) family offices, like Ted Turner is one of the largest investors. And I looked into this and I'm like, why? And then of course, you reach the conclusion that what happens in agriculture, trees grow, they grew five years ago, they're gonna grow five years from now, they're gonna grow 20 to 25 years from now, they're just gonna do what they do if they're in the right climate, in the right country.   And so forth, so it provides stability to a portfolio. So it's a long term play. It's not a get rich quick scheme. Anybody that's in agriculture that has ever invested in that space knows that this is not a Bitcoin where you buy something and the next day it doubles. It's I mean, it's literally you have to hand it over to God. It's nature. It's going to take time to grow before you harvest. And when you harvest, obviously.   you're going to generate some cash flow from it. But I thought that was fascinating that how they build their portfolio there, they have to have things in there that stabilize it. Obviously, it's very big on real estate. There's a lot of energy plays on there. There's a lot of that in there. Another great asset class that can stabilize the portfolio, which I'm personally an investor in too, is life settlements.   And a lot of folks that say, is what is life settlement? So you can actually sell life insurance contracts just like you would sell real estate notes. So why would somebody sell a life insurance contract? Well, there are some folks that, like most Americans, have all their wealth in their homes and in a 401k. And that's it. No diversification. what happened in 2008, 2009? Well.   They were in retirement already and maybe lost the majority of the equity of the value of their house. They got clobbered in their stock portfolio and their retirement accounts. And now they're out of money basically. So what do you do? And now because of the stress, there's an illness too. So you can sell and you realize, I have a life insurance policy that I could sell to an investor. And then obviously the investor can, and this is being underwritten of course, an agent and so forth.   M.C Laubscher (21:21.804) But they have a life insurance policy that they can sell and live out the remainder of their life comfortably. So there's a win-win on both sides of it. I'll give an example. Let's just say you have a million dollar death benefit and a life insurance policy, and you have like $50,000 in cash value. And you're in a very bad situation like these folks are that I just told you. Well, you could go.   to a live settlement company at that stage, if you qualify, not all of them of course qualify, it has to be under underwritten to make sense for an investor to buy that. But let's just say you could get four to five times the amount that you have some, even if you're getting $200,000, $250,000 in cash, the investor would then pay for that. And then now they own the life insurance policy. So eventually when   when the seller then passes away, then obviously the proceeds gets paid out to the investor. So they got money to live out the remainder of their life comfortably. The other folks then obviously got a return on the investment that they made. And there's pools of this, there's funds, it's a security. So there's a lot of undesirable, just disclaimer and I was warned about all this stuff is there's undesirable.   characters in every industry. And as you can imagine, there's probably a lot in that space. Just be aware that if it's in a fund, which is the best way to do it, because you can diversify over a large number of policies and utilize the law of large numbers like insurance companies, it is a security. So there are security laws that apply to all those things. it's essentially for accredited investors that have access to this.   Institutions, they just buy tons of policies on their own. Life insurance companies buy policies from other. They buy policies from other insurers to have on their books as a hedge. Folks like Warren Buffett, Bill Gates, shocker, he's a big investor in that kind of stuff, too. But yeah, it's a very interesting asset class. And again, with the teak, what does it provide?   M.C Laubscher (23:37.87) Well, it provides stability because you're essentially buying your equity upfront. So the only factor is time, which will impact your return, obviously, right? So you could get a very nice return on that, which you kind of know when you buy it, sort of the equity that you have in that policy. And then with Teak, I mean, it stabilizes a portfolio. So between the two of those great plays, settlements, not as much cash flow heavy, but great upside potential appreciation.   So that was the main driver of that, but it stabilizes portfolios. So there's some interesting stuff that I've seen, but those are, you know, I figured I wanted to share some of the stuff that can stabilize a portfolio too, especially during times of craziness where it's not just speculative kind of place.   Yeah, that's fascinating, man. There's so many different things that you've invested in and that there are just to invest in in general and people just don't know about it, right? They get stuck in that, that 401k stocks and bonds bubble. And they think that that's just the only way to invest. And that's why sometimes I'll say, just get into a passive real estate deal, right? Not just because that's the only way to invest, but once you do it once you kind of surround yourself with those types of people that are looking at alternative investments. And then you start your mind just kind of opens up to   all these different things in agriculture, in energy, in, you know, all of those things that you just mentioned that are out there to invest in. And you just start seeing all these opportunities just around you. And then you can kind of start diversifying away from that.   Yeah, you know what another one is, and I cover this in the book too, which would be interesting for your folks at the time that we live in. You know, we had the whole Joe Rogan thing, the Joe Rogan experience controversy, and we had these folks that wanted to pull their music off Spotify. So some folks, if they actually read the story, might have grasped how that side of the business works. But essentially, you can invest in music royalties. And that's another niche on the book, which someone shared on my show.   M.C Laubscher (25:39.118) a couple of years ago, which I found was fascinating. Now, a musician can sell a portion or all of the royalties on their music to an investor. And that's essentially what happened to a lot of those folks that wanted to leave Spotify. They don't even own their royalties or all of it, maybe a small portion or a part of it, but corporations do. They own their music royalties.   So every single time a song gets played somewhere or is used in a movie or something, royalties are paid on that and the investor collects cashflow. Now, do we listen to music when markets crash? Yeah. Do we listen to music when markets boom? Yeah. We always listen to music, you know, whether it's good or bad times. So it's another, it's another interesting aspect of, of that. Now, why would a musician sell their royalties?   And this is fascinating because that side of the business and my brother, my brother is a musician too. So I learned a little bit of that, that side of it and had an insight of that, but why would they sell a portion or all of it? So maybe they need to fund the next album and they don't have a record label backing that. And maybe they just want to do it themselves or, you know, for them to raise money for the next project would be, would be one example of that. So, and of course, if there's   partial ownership of royalties. It's actually the best way to do that because otherwise the musician doesn't have incentives to keep promoting those songs. Right. So you almost want to go like 50 50 with someone to make sure like they've got skin in the game to still promote their albums and the songs and play them at concerts and all that kind of stuff. Otherwise, they're not really going to care because they don't own the rights or the royalties to that music anymore.   So it's fascinating. There's a whole exchange, as you can invest like an investor, but there's so many ways to do it. There's so many ways. see to your point, I see people argue all the time. This one's better, this one's better, this one. I'm like, you can make, it's incredible to see the ways that people can make money and become successful. There's so many ways to do it.   Seth Bradley (27:53.698) Yeah. Are there any, I know you went through quite a few there and I want to give the entire book away, but are there, is there another like really surprising one that kind of stands out in that book where somebody's going to read and they're like, what? That's crazy.   Yeah, I throw in there a different angle on crypto. So I share a strategy in there. I share a crypto strategy and then I share an angle of how to look at it as an investor because most people think cryptocurrency and blockchain and they go, oh, I just buy Bitcoin and it goes up 20 fold and now I'm a millionaire or a doggy coin and I'll be fine.   But there's actually that's very speculative, obviously, and you're a speculator. What the folks, the absolute cash flow ninjas have done is they have approached this as investors in the space. So they have followed what I call the California gold rush strategy. So they looked at this and said, wow, all right, there's gold found in California and San Francisco in that area.   Instead of going to mine or dig or pan for gold, I'm going to be the person selling the shovels, the picks, the equipment. I'm going to be the person selling the clothes like Levi Strauss. I'm going to be the person there that has provides housing, hotels, bars, restaurants, entertainment, brothels, whatever floats your boat. And I'm going to be the person that offers financial services like Wells Fargo.   You take a different strategic approach of investing. So you actually go in as an investor and say, like in the crypto and blockchain space, I'll give you some examples. The folks that have absolutely made a fortune in this space. Yeah, they had some Bitcoin. Yeah, they were early investors in Bitcoin and Ethereum. But guess what? They were early investors in exchanges. You know, I actually was in the Bauschman group of one of the first investors in Coinbase, which is now   M.C Laubscher (29:59.714) They went public. I think he did pretty well. The same with Kraken. He's also one of the earliest investors in Kraken. So he's on exchange. So the same with music. Do you think a lot of people trade crypto when the markets are going up? Absolutely. A lot of people are chasing the pump. Do you think there's a lot of activity on an exchange when crypto wets the bed and corrects? Absolutely. There's a panic selling going on.   Markets go up, down and sideways. They make money regardless. So that's one way of doing it. But think of other things, right? You know, in the cannabis space, everything was like, if you're a lawyer, I mean, you would never run out of work. If you are a tax accountant, you would never run out of work in that space. The same with crypto. So there's so many legal things happening there. And think about estate plans.   You have coins. How are you planning on transferring that to your children or your grandchildren? How does that work? Nobody's figured that out. There's companies that have been started in that space to address that problem. And you could be an investor in that company. How about taxes? You think they're coming off the taxes in crypto? You think if you're investing in a very, very good tax firm globally or locally and so forth that specializes in crypto, you're going to lose money?   going to be busier than ever. So it's a different kind of angle that you're coming in as an investor in the space, less sexy. I prefer it that way, cash flow, taxes, you're a business owner, that kind of stuff. But it's not the Elon Musk doggy coin kind of style that you're investing in the space. It's a little bit more strategic.   Right. Yeah, I love that, man. And you can use that, you know, that strategy across different industries. Like you said, you know, you're, selling, you're selling the picks and the, and the pans for the gold rushers. You're, selling the tools rather than actually going and trying to find the gold. And those are the people that actually got rich during the gold rush, right? People that sold the tool. So just think about, you know, any hot industry that way, like, what can I do? That's kind of that ancillary angle rather than the direct angle. And that could be the   Seth Bradley (32:18.03) the better investment.   Yeah, it's almost like I interviewed Jim Rogers a couple of times on my show and he's very comical, legendary investor. And he always said to me, know, when I asked him about how, how we like some of the big hits that he had and some of his best investments, he said, MC, it's quite simple. All I do is I sit and I just wait until people, the money is just lying on the floor. And then I go and pick up the money. That's all I do.   So and then I asked him about, all right, what is that? What is how does that relate to it? And it's like when you see something that's a no brainer that everybody else is seeing. I mean, like, for example, the legal side and the taxes and crypto kind of a no brainer. Not a lot of people are thinking about it. It was the same way in cannabis, too, where everybody wanted to invest in a farm or a farmer or dispensary or a distribution and all this stuff.   and deal with all the headaches of the federal government and the local government, you could have been the lawyer starting a legal firm dealing with those headaches for them. You would never run out of work and you could probably charge much, much more. And it's the same thing with the tax thing. So that, in my opinion, was it's just that money lying on the floor waiting to be picked up as an investor.   Yeah, perfect man. Nailed it. one last gold nugget before we jump into the freedom for   M.C Laubscher (33:48.362) Absolutely. Yeah, so I would say the big thing is you have to be very, very specific, obviously, why you're doing what you're doing, what you have and why you have it and what it's doing for you from a strategy. And then that's how you build your cashflow portfolio. But don't forget about the other stuff in your economy. There's a way to make your money as efficiently as possible. There's a way to position it.   And then there's a way to invest in this portfolio. And then there's a way to protect all of us with proper asset protection, with proper estate planning and with proper tax strategy. So most folks don't even think about the estate planning, the asset protection and the tax strategy. You're going to wish you have in five years. This will be a sound bite that that you can keep. You're going to wish you have thought about these things and not just on the shiny stuff.   I know because I've made all of those mistakes. I became a much better business owner investor when I started to put it all together and just didn't chase shiny stuff or had tunnel vision.   Yeah. Awesome, man. All right. Let's jump into the freedom for we're to mix it up a little bit because you've already been on the show once.   It's time for the Freedom Four.   Seth Bradley (35:09.422) So what does your morning routine look like?   You know, it varies since I have two very young kids, but there's one, but there's two things that are consistent. So I make sure that I go for a walk 45 minutes to an hour. And I do spend an hour thinking. It's a habit that I've developed over time and that I learned from Keith Cunningham. So he just calls it thinking time. We don't think because it's the hardest thing to do as Andrew Ford would always say,   So I make sure that I block everything off. No computers, no smartphones, nothing, just me and a pad. And I write down, I have certain frameworks I use to analyze things and help me think through things, looking at the dangers that are out there, the opportunities and how I can capitalize on a lot of the stuff. that's, I mean, that's definitely, that's in my morning. The other stuff, it varies because they got two young ones, but those two things are consistent. So.   clear my mind with a walk, get some exercise in, and then thinking for an hour.   Yeah. Yeah. Sometimes we, have these ideal morning routines put together, but it, know, especially when you have kids and you have all these different variables, that's not always possible, but you know, there are a couple of things that you definitely need to carve out and just make sure you do every single day. All right. With all your success, what is one limiting belief that you've crushed along the way and how did you get past it?   M.C Laubscher (36:40.63) I do it every day and limiting beliefs in the sense of, people talk about the mindset of abundance, you know, and having an abundant mindset, you know, and I intentionally move every single day when I get up, there are some certain elements of scarcity and I transform that into abundance and I do it intentionally. It's actually part of thinking time. You know, I've listened to all the gurus, I get all that.   But I don't wake up in the morning and go, yeah, this is going to be great. Every every person wakes up. This is just how we were built. If we weren't built this way, we wouldn't have survived. So we get up and we scan our environment and we start kind of not in a fearful fear isn't the right word, but it's kind of like fight or flight situation. Like I said, if you're not built that if you weren't built that way, you wouldn't be alive right now. We wouldn't be as a specie.   because otherwise we would have probably the saber-toothed tiger would have probably gotten us. So we were built that way. So I do it intentionally to transform from whatever elements it is of scarcity into abundance. And by doing that and doing that every single day intentionally, it changes your whole day. then you don't have any bad days. So I don't get up drumming my chest saying everything is perfect and rosy and rainbows and unicorns.   I understand that there are certain things that I've got to work out kinks and I have frameworks to do that. And I just make sure that I do it every single day. So overcoming limiting beliefs, we all have some of them. think like the, mean, the biggest one, there are some things like, the biggest one that I've ever came lightly and this is probably over the last three years is,   You know, Dan Sullivan, which is one of my coaches, a strategic coach said, you need to work less and make more money. And I'm like, I don't know how to do I know what's what's the catch here? Yeah. So that was a limiting belief. then I'm like, wait a second, does he have a superpower that I don't have? But then I started to realize that you could structure your day and then have proper systems and processes in place. And that I work four days a week now when I started as an entrepreneur, it was   M.C Laubscher (39:05.866) seven days a week, 10 to 12 hours. Now I work four days a week and it's probably seven to eight hours at most because I have those systems and processes in place. it was, mean, yeah, talk about a limiting belief right there. It was something that I to work out and figure out.   Yeah. Yeah. And it's counterintuitive, right? It's like, wait, work less and make more. That's not how it works. That's not how I was taught growing up. That's not how it works.   It's everything, everything against what you were have been taught in school, right? So it's almost like you have to break down core foundational beliefs and a mindset. You have to double down on that. It's like when Labeque Saki said he makes more money every year and pays less in taxes. When you first hear that and you read the book, you're like, well, how does that, how does that work? So again, beliefs that have to change and then your mindset and then you   learn the game of money and you're like, yeah, that is that's what they do. This is what the castle and then just do they make more money every year, they pay less in taxes, actually get money back from the government, legally, and they work less and then and they make more money.   Yeah, exactly. I had Tom Willwright on the show last month and he said the same thing. That was the his big quote was, you know, the wealthier you get, the less taxes you pay. It's like what? Yeah, but it's 100 percent true, 100 percent true. What do you believe separates successful people like yourself who have taken action and taken control of their life and their own economy from those who get stuck in the nine to five, never take action and maybe never get started with cash flow?   M.C Laubscher (40:50.57) I own all of my outcomes. And I think that's the biggest difference between a lot of folks and people that achieve certain levels of success. I don't blame anyone. Everything that happens is because of me. So even if there is something nefarious done to you, I shouldn't have put myself in that position and I should have seen it coming. So it's my responsibility, not anybody else's.   So I take responsibility for everything that I've done in my past, my present, my future. I own everything. So I was stuck for a while in a deep dark place. We're talking now like 10, 12 years ago and I wasn't going anywhere at that stage. And that was the one switch that I made and I've never looked back since, you know? So I own everything. The good, the bad and the ugly.   Yeah, I love that more than you know, man. Accountability is my number one principle in everything in business and life. Even again, if you if you know inside that maybe it was somebody else's fault, it still doesn't matter. You say, well, what could I have done to change it and to make it better? What could I have done differently? Take accountability for it. Don't blame other people.   Yeah, there's a person that I follow that I was very honored to meet in person, Tim Grover. And he's the guy behind Michael Jordan. mean, he's Michael Jordan's coach, Kobe's coach, know, Dwayne Wade. And he was actually, it's funny that I just saw that he actually worked with the Rams over the past month too, during that. And he's just, I mean, quite incredible because he literally gets you into   This is how a champion thinks. This is what's going in their mind. This is how they're wired. And those folks, mean, it's just so interesting to see. Even if folks don't win, listen to what Tom Brady said, by the way, in his playoff loss before he retired. Where they're like, you you didn't get the ball back and you didn't have another shot. basically you thought you were going into overtime, but then that final play that the Rams got you and he's like,   M.C Laubscher (43:12.386) I shouldn't we shouldn't have been in that situation. I shouldn't have put my team in that situation in the first place. So that's all they think. That's all those folks think. And I know it's sports, but there's so much between sports, obviously, and and business and investing. So you look at the mind of a champion in any industry in any part of part of life. And that's all those folks think, whether it's a whether it's sports, it's a business, a marriage, investments, you know, they own it.   That on the outcomes.   Yeah, for sure. I'm listening to Winning right now, his book on Audible. it's great so far. All right. Last but not least, what does financial freedom mean to you?   You know, freedom is is a is it's it's we're living during interesting times. It's funny how freedom is is being spun. You know, I'm one of those folks that. Nobody grants you freedom, no one. You just you just take it, you're born free and you take it. You know, you can't you can't negotiate it, you can't vote for it, you can't beg for it, you can't plead for it, you just take it.   And you do that by taking action. So financial freedom and the same thing is no one no one's going to give it to you. And you're just going to have to go out and take it. And in the sense is what freedom means to me is having freedom of time, how I spend my time, what I do, having freedom of money. I do things and I spend my time how money no longer becomes a reason why and why I'm not doing something.   M.C Laubscher (44:55.126) relationships, having freedom of relationships. doing cool things with people that I like to do things with and hanging out with people that I want to hang out with. So I don't have to hang out with someone just to hang out with someone. That's what freedom means. then obviously purpose, know, purpose is, yeah, the freedom to pursue what you want to pursue, the stuff that you want to work on, the stuff that you're passionate about.   So you don't do things just to do things and you have to get there by the way, you know, if you if you see all the things that I've had to do to get to the part where I just do stuff that I want to do. It's been a long road. It didn't start with that, but that should be the goal in the end. So we all have to do things that we don't like to do and some way or shape or form. But essentially, when you get to financial freedom, you can just focus on the things that you want to do that you're passionate about, whatever they are. If it's   doing cool things with cool people and cool places. If it's spending time supporting your charities and your church and so forth and being actively involved with that. There's folks that I know that are very wealthy that, mean, they just, and a lot of them, by the way, right now, they're just buying ranches and farms and just living off the land in the middle of nowhere, you know, in different states.   Yeah, I mean, and that's that's it. That's it. That's what they that's what they want to do right now. Get away from all the craziness. They kind of see that things are going to get wilder and crazier in the in coming months and the next couple of years. And they're like, I don't want to participate in this. I'm just going to buy a piece of land in the middle of nowhere and come back when this so when the dust settles. So, yeah, that's that's that's what that's what it means to me. It's it's something that I talk about a lot, too, that I'm pretty passionate about.   Because we are in a fight for it now too. You know, all over the world in many, many, many different ways. So my own little way, I try to, you know, help as many people as I can to get the financial park right. Because if you are financially independent and free, you know, you're not going to be forced into a corner or have your back to the wall and be forced to make decisions that are against your principles, your values, and what you believe in. You're going to tell   M.C Laubscher (47:18.466) people to go pound sand. So I want as many people to be in that position as possible.   man, that was an awesome answer, dude. Let's wrap it up, man. It's been awesome having you on the show. Where can our listeners find out more about you? Where can they get that new book? 21 Best Cash Flow Niches. Tell us all about it.   So cashflowninja.com is everything Cashflow Ninja and the book is called the 21 Best Cashflow Ninjas, Creating Wealth and the Best Alternative Cashflow Investments. It's available on Amazon or cashflowninja.com. And when your listeners purchase a copy of the book, just screenshot a proof of your purchase to my team at info at cashflowninja.com and I'll throw in some bonus goodies. I'll give you a digital version of the book if you wanna read it on Kindle.   A audio version of the book, if you just want to listen to it, driving in your car, working out or hanging out. I've actually curated a library of interviews specifically where people talk about these niches. You'll get access to that and more bonus goodies. So it's available on Amazon dot com, but also at cash learning dot com, you'll be able to buy the book. The twenty one best cash flow and it just creating wealth in the best alternative cash flow investments.   Awesome brother. Well, congratulations on the book launch and it's been awesome having you on the show again. I MC let's catch up soon.   M.C Laubscher (48:37.962) Absolutely. Thank you so much for having me.   All right kiddos, MC Lobster, the cash flow ninja, drop in bombs. As always, he always comes up with all these new ideas, all these new ways to create cash flow and income outside of the box. We're not just talking about real estate. We're not just talking about stocks, bonds and mutual funds. We're talking about agriculture, life insurance contracts, all these different ways that you can create income for yourself. There's more than one way.   to create income that does not involve just lawyering, just doctoring, just engineering, just doing your, just creating your active daily, trading your time for money income. So at the end of the day, look, this is the major key. The major key is to get started. Again, I always say start out with a real estate syndication on the passive side because...   that will open your eyes to opportunities. That's what it did for me. When I started investing in commercial real estate to begin with, it was through a passive investment. And then I invested more and then I invested more. And then my network expanded and to people like MC who exposed my mind to ideas about other types of ways to get started in multiple streams of income. Then I bought into franchises, then I bought into crypto, then I bought into all these different things. But until you get started,   and you get this cashflow train moving, you're gonna be stuck. You're gonna be stuck at your day job with one stream of income, putting yourself and your family's financial future at risk. So I encourage you to just get started. So if you're ready to take action and partner with us on one of our next passive real estate deals, go to passiveincomeattorney.com, join our Esquire passive investor club and get started today. All right, kids, until next time, enjoy the journey.   M.C Laubscher (50:34.616) Thank you for listening to the Passive Income Attorney Podcast with Seth Bradley. Do you want more ideas on how to generate multiple streams of passive income? Then jump over to passiveincomeattorney.com for show notes and resources. Then apply for the private Facebook community by searching for the Passive Income Attorney on Facebook. And we'll see you on the next episode. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en M.C Laubscher's Link: https://cashflowninja.com/ https://www.amazon.com/Best-Cashflow-NichesTM-Alternative-Investments/dp/1737883414

How do you energize your safety programs to be effective, engaging, and inspire action with lasting real impact? Join us for a dynamic conversation with Michael Melnik, owner and president of The Energized Approach®, as he shares how safety programs can be reimagined to be more sustainable, fun, and meaningful. With decades of experience helping organizations “energize” their workplaces, Michael introduces the 10 energy sources—the core drivers behind truly successful and sustainable programs. Michael emphasizes the importance of safety programs that resonate with workers, engage teams at every level, and drive lasting success through leadership commitment and communication. He also shares how to revitalize existing safety programs to build a strong safety culture. Don't miss this episode as we dive into the energized approach for real impact, putting safety in motion across your organization. About the Guest: Michael Melnik is an occupational therapist with a master's degree in exercise physiology. He is the owner and president of The Energized Approach, a company that helps organizations “Energize” their workplaces, their safety programs, and their people. For more than 30 years, he has presented his practical, high-energy, and humorous approach to more than 750,000 participants around the world. He is the author and talent in several award-winning injury prevention videos that are used by thousands of companies, and is the creator of the ReachOut365 Video Coaching Platform. Clients include Delta Airlines, The Home Depot, Coca Cola, Wells Fargo, PetSmart, Wal-Mart, Willis Towers Watson, Best Buy, Exxon Mobil, and many more. For more information: www.energizedapproach.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Texas Representative Linda Garcia has been fighting for our community, both within her state and all over the country. She was one of the brave representatives who fled and basically initiated a strike because of an impending vote to enact racist gerrymandering plans in the state of Texas. In doing so, she and her team were able to buy themselves some time and raise awareness about what's happening in local and federal governments. Our dear friend Linda Garcia has called us to action and told us exactly what we can do to help.    Representative Linda Garcia has 17 years of experience in the TV and film industry, helping to build programming for the U.S. Hispanic market at Azteca, Netflix, and Lionsgate. She founded In Luz We Trust, a company dedicated to restructuring negative generational money beliefs to create a positive experience through investing. She recently engaged in a deal with Wells Fargo and People's Self-Help Housing to educate USDA farmworker households for a financial literacy program. Rep. Garcia is a published author of the book Wealth Warrior: 8 Steps for Communities of Color to Conquer the Stock Market. Wealth Warrior received a bronze medal for Best Self-Transformation Book and a silver medal for Best Business. Rep. Garcia's work has been featured on Yahoo Finance, Univision, People En Español, Bloomberg, CNBC, Dallas Morning News, Chicago Tribune, Forbes, Parents Latina, and was a contributor to Time's Next Advisor. Rep. Garcia's achievements have earned her recognition from Latino Leaders Magazine and the City of Los Angeles. She also hosts a weekly podcast, Investies, where she makes complex economic topics accessible and actionable for a broad audience.   In this week's episode, Representative Linda Garcia shares her experience fighting back against the current administration as well as what we can do to help. She explains what gerrymandering is, how it would immediately affect our communities at the local and federal level, and actions you can take to fight back against these attacks on our communities. Now is the time to get involved. We can do this, together.  Resources Mentioned: Investies: Your Weekly Guide to the Stock Market, Investing & Economy Native Land Pod  Latino Vote podcast   Follow Linda on: IG: @linda4texas IG: @itslindagarcia   Follow Erika on: Instagram @‌theerikacruzTikTok @‌theerikacruzLinkedIn Website: http://www.theerikacruz.com How to work with Erika: Sign up for the free webinar “The Magnetic CEO Method” here! Join the waitlist for the Courage Driven Latina program here. Join the waitlist for the Magnetic Mastermind here.   Podcast production for this episode was provided by CCST, an Afro-Latina-owned boutique podcast production and copywriting studio. 

On this special Labor Day edition of Bloomberg Daybreak US, host Nathan Hager speaks with:1) Sarah House, Wells Fargo senior economist and Jennifer Lee, Senior Economist at BMO Capital Market on the upcoming meeting of the Federal Reserve and Fed independence. 2) Lori Calvasina, head of US equity strategy, RBC Capital Markets and Brian Levit, Global Market Strategist at Invesco on what to expect out of markets in the fall 3) Burt Flickinger, Managing Director at Strategic Resource Group, on the outlook for the retail sector. See omnystudio.com/listener for privacy information.

In August 1905, the eyes of the world were looking at Portsmouth, N.H.The site of the peace talks for ending the Russo-Japanese War, Portsmouth played host to the delegates from Russia and Japan, who hashed out the particulars of the deal at the Portsmouth Naval Shipyard.In this weeks-long affair, the citizens of Portsmouth rallied around the cause, hosting dinners, parties, and parades to create an environment suitable for bringing the Russo-Japanese War (named World War Zero due to alliances) to a swift end.On today's episode, Portsmouth Treaty expert Stephanie Seacord joins the podcast to discuss why Russia and Japan went to war, why the United States intervened, how Portsmouth became the center of the talks, what happened at the shipyard, why the citizens of Portsmouth are partly to thank for the war's end, and so much more. Plus, why is the Portsmouth Naval Shipyard in Kittery, M.E.?!?!CHAPTERS:Context for the Russo-Japanese War (00:00)Selecting Portsmouth for the peace talks (08:32)Why is the Portsmouth Naval Shipyard in Kittery, M.E.? (21:38)SPONSORS: Sea Love Portsmouth & Chinburg Properties (24:30)What happened in the peace talks (27:12)How the citizens of Portsmouth participated in the talks (36:40)Plans for commemorating the anniversary this week (49:00)EVENTS:Seacoast Singles Dating Show at The Press Room on Saturday, 9/13. Sign up here.Seacoast Stories Dinner Club in Kittery on Wednesday, 9/17. Meet your new best friends by signing up here.SPONSORS:⁠Sea Love Portsmouth: Get 20% off your Portsmouth candle-making experience by saying "SEACOAST STORIES" in store. Book online today.⁠⁠Chinburg Properties⁠⁠⁠David Higgins: The official investment office of "Seacoast Stories!" Email ⁠⁠⁠⁠⁠⁠david.higgins@wellsfargoadvisors.com⁠⁠⁠⁠⁠⁠ to get started on the path toward better investment.Investment and insurance products are Not Insured by the FDIC or Any Federal Government Agency, Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate, Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested.Investment products and services are offered through Wells Fargo Clearing Services (WFCS), LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFCS uses the trade name Wells Fargo Advisors. 1 North Jefferson, St. Louis, MO 63103.

Chris Holman welcomes back Kim Bode, Dog rescuer, community advocate, and proud Michigan business owner, 8THIRTY FOUR Integrated Communications, Grand Rapids, MI. Welcome back Kim, the fellowship you shared about a couple times in the past year is back for a second, tell us about it? SBAM designed the Women's Entrepreneurial Fellowship specifically for second-stage businesses—why is this growth stage such a critical point for women entrepreneurs? Access to capital remains a major barrier, with women receiving significantly smaller loans and less venture funding—how does the fellowship help bridge that gap? The program emphasizes customized mentorship and peer networking. What measurable impacts did you see from the first cohort, and how will those lessons shape this next one? Michigan women own over 44% of small businesses—how does the fellowship leverage SBAM's statewide network to amplify their economic impact? For companies generating $500,000–$1 million in revenue, what key challenges are you seeing most often, and how does the fellowship address them differently than traditional programs? How can they apply? » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/ The Small Business Association of Michigan Expands Statewide Program for Second-stage Women-owned Businesses The Women's Entrepreneurial Fellowship opens applications for a fall cohort to address resources, support, and funding gaps for Michigan women entrepreneurs. The Small Business Association of Michigan, through the SBAM Foundation, is accepting applications for the second cohort of the Women's Entrepreneurial Fellowship (WEF), the state's only comprehensive program designed specifically for women-owned businesses that have moved beyond the startup phase. Following the success of its inaugural class, the program will expand to serve 15 participants, with applications due mid-September and programming beginning late fall. "Michigan women entrepreneurs bring bold ideas and unstoppable determination, but too often they lack access to the mentorship and networks that can accelerate their success," said Amy Rencher, Senior Vice President, Small Business & Talent at the Michigan Economic Development Corporation (MEDC). "This unique fellowship program closes that gap, fueling connections with experienced leaders who can open doors, share hard-earned wisdom, and help turn vision into thriving businesses that strengthen our communities and our economy." The fellowship addresses documented disparities that create significant economic opportunity gaps. According to the Wells Fargo 2025 Impact of Women-Owned Businesses Report, if women-owned businesses achieved the same average revenue as men-owned businesses, the U.S. economy would see an additional $10.2 trillion in revenue annually. In Michigan, women own 44.2% of small businesses—902,131 enterprises—yet they receive loans 50% smaller than their male counterparts. Only 2.3% of venture capital reaches women-led firms, while nearly 1 in 3 female entrepreneurs report experiencing sexism as business owners.

Trump is Busted for Lying About His Conversation with Gov. Wes Moore. A Black chef sues Wells Fargo after a manager refused to cash his $20k IRS check, yelled at him in front of customers, and ordered him out. Host: Dr. Rashad Richey (@IndisputableTYT) Co-host: Yasmin Aliya Khan (@YazzieK) *** SUBSCRIBE on ⁠⁠⁠YOUTUBE⁠⁠⁠  ☞ ⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/IndisputableTYT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FOLLOW US ON: ⁠⁠⁠FACEBOOK⁠⁠⁠  ☞ ⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/IndisputableTYT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠TWITTER⁠⁠⁠  ☞     ⁠⁠⁠  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.twitter.com/IndisputableTYT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠INSTAGRAM⁠⁠⁠ ☞ ⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/IndisputableTYT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

The attorney turned Wells Fargo financial advisor discusses her career transition and suggests how Next-Gen advisors can maximize their value to their teams and best serve younger clients. Learn more about your ad choices. Visit megaphone.fm/adchoices

Part two of this special series dives into three critical pieces of the 2025 housing market shift: home sales, inventory, and affordability. David Sidoni breaks down the numbers, explains why headlines can be misleading, and shows how today's changes open up new opportunities for first-time buyers.The 2025 housing market is in the middle of a transformation unlike anything seen in decades. In part two of this three-part series, David Sidoni unpacks the latest on home sales, shifting inventory, and affordability. He shares how existing home sales have dropped to just over 4 million in recent years, but new data and falling mortgage rates are signaling a move back toward healthier levels. Headlines might scream contradictions — sluggish sales one day, rising applications the next — but that's exactly why staying educated matters. Inventory is building, builders are offering incentives, and affordability is showing signs of life. For first-time buyers, understanding these shifts is the key to beating the rush and securing a home before competition heats back up.Quote: “If you take advantage of this shift now, you can beat the bum rush of a bazillion other buyers.”Highlights:Existing home sales data from 2019–2025 and what it means for first-time buyersWhy headlines about sales and applications seem contradictoryThe role of new construction and builder incentives in boosting supplyHow declining mortgage rates are already improving affordabilityActionable insights on how to prepare for the next market phaseReferenced Episodes:Part 1 of this 2025 Crucial Housing Market Shift series (home prices & mortgage rates)355 - Real Answers Pt 4: Should I Rent or Buy in 2025?Sources:Zillow, Redfin, Goldman Sachs, Housing Wire, Ris Media, US News, Bloomberg, The National Association of REALTORS®, Realtor.com, Homes.com, Zelman & Associates, Brian Buffini and other housing economists, The Mortgage Bankers Association, U.S. Census Bureau, Fannie Mae, Freddie Mac, financial Samurai, Moody's, Inman, US News, Apollo Global, Wells Fargo, and the National Association of Home Builders.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us! This is one part of a 3 part series highlighting the most significant housing market shift since this podcast began in 2019. Check out the podcast library for the full series for a complete update.

Former Atlanta Fed President Dennis Lockhart weighs in on Fed policy and the latest around Lisa Cook. Steve Kovach breaks down MongoDB and Okta earnings results. Courtney Reagan analyzes PVH's latest quarterly performance. BofA's Jill Carey Hall explores small-cap opportunities with the Fed potentially cutting rates. Bespoke Co-Founder Paul Hickey provides comprehensive market analysis while Guy Adami delivers Fast Money's first look at market movers. Wells Fargo's Aaron Rakers offers an essential Nvidia earnings preview ahead of the chip giant's highly anticipated results. 

Nuestra invitada en el episodio #321 de Máximo Desempeño es Angela María Orozco, quien rompió todas las reglas del liderazgo tradicional. Abogada, dos veces ministra y la única persona que logró durante cuatro años completos que los transportadores colombianos no entraran en paro nacional. Su secreto no está en imponer autoridad, sino en una filosofía que crea el ambiente ideal para el rendimiento: "duro con los temas, suave con las personas". Desde negociar con personas hostiles hasta transformar sectores enteros, Angela María nos enseña que el verdadero poder no grita, persuade. Donde otros construían muros, ella construyó puentes. Su capacidad de aplacar el ego para enfocarse únicamente en resultados la convirtió en una líder diferente. En esta conversación descubrirás por qué la gente que sabe hacia dónde va puede permitirse ir despacio y paladear el "ir llegando". Exploraremos cómo el bienestar no es resultado del éxito sino su causa, por qué los mejores líderes del mundo pasan tanto tiempo "perdiendo" como ganando, y cómo crear esas condiciones donde tu equipo entra en flow y se vuelve imparable. También abordamos las claves del libro "La Psicología del Liderazgo: Cómo Crear Equipos Imparables" de Sébastien Page, donde descubrimos el marco PERMA de Martin Seligman, por qué pedir retroalimentación diariamente transforma culturas organizacionales, y cómo casos como Wells Fargo y Volkswagen nos enseñan las trampas de la fijación excesiva en objetivos sin valores claros.Si lideras equipos, negocias conflictos o simplemente quieres entender cómo funcionan los líderes más efectivos del mundo, este episodio te va a cambiar la perspectiva. Prepárate para una masterclass sobre construcción de consensos, paciencia estratégica y el arte de liderar sin perder la humanidad.¿Lista o listo para descubrir por qué cuando sabes hacia dónde vas, todo cambia? Dale play y comparte con alguien a quien le pueda servir.

For the first time in over a decade, real change is reshaping the housing market. Prices, inventory, and affordability are shifting in ways that could finally give first-time buyers a new opportunity.In this episode, David Sidoni delivers a data-packed breakdown of the biggest housing market change in 17 years. After years of historically low inventory, rising prices, and brutal bidding wars, 2025 is bringing something different: falling prices in many metros, improving affordability, and a rare increase in available homes.David explains why this isn't a crash, but a shift toward semi-normal conditions — and how you can use this to your advantage. With most experts predicting 2–4% appreciation in 2025, smart buyers who act early can secure homes before the public catches on.This is part one of a three-part market update series designed to help you build a winning 2025–2026 strategy.Quote“For the first time in 17 years, inventory is actually improving — and that changes everything.”HighlightsWhy home prices are actually falling in many metros.The surprising percentage of listings with price cuts this summer.How builders are slashing prices and narrowing the gap with resale homes.What most experts really predict for home values in 2025.How first-time buyers can take advantage of this rare shift.Sources: Zillow, Redfin, Goldman Sachs, Housing Wire, Ris Media, US News, Bloomberg, The National Association of REALTORS®, Realtor.com, Homes.com, Zelman & Associates, Brian Buffini and other housing economists, The Mortgage Bankers Association, U.S. Census Bureau, Fannie Mae, Freddie Mac, financial Samurai, Moody's, Inman, US News, Apollo Global, Wells Fargo, and the National Association of Home Builders.Connect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!This is one part of a 3 part series highlighting the most significant housing market shift since this podcast began in 2019. Check out the podcast library for the full series for a complete update.

Keith discusses the impact of political rhetoric on mortgage rates, emphasizing the importance of central bank independence.   President of Ridge Lending Group and GRE Icon, Caeli Ridge, joins in to explain the benefits of 30-year mortgages over 15-year ones, advocating for extra principal payments to be reinvested rather than accelerating loan payoff.  They also cover the potential effects of Fannie and Freddie going public, predicting higher mortgage rates. Caeli Ridge elaborates on cross-collateralization strategies, highlighting the advantages of commercial blanket loans for real estate investors.  Resources: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/568 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   welcome to GRE I'm your host. Keith Weinhold, the President has called the Fed chair a dummy and worse. How does this all affect the future of mortgage rates? Also, I discuss 30 year versus 15 year loans. Can you bundle multiple properties into one loan? Then how Fannie and Freddie going public could permanently increase mortgage rates today on get rich education   Keith Weinhold  0:28   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Speaker 1  1:14   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:24   Welcome to GRE from Pawtucket, Rhode Island to Poughkeepsie, New York and across 188 nations worldwide. I'm your host. Keith weinholdin, this is get rich education, not to inflate a sense of self importance, but each episode is an even bigger deal than a New York Jets preseason football game. You might have thought you knew real estate until you listened to this show, from street speak to geek speak. I use it all to break down how with investment property, you don't have to live below your means. You can grow your means as we're discussing the mortgage landscape this week. You know, I recently had a bundle of my own single family rental homes transfer mortgage servicers from Wells Fargo over to Mr. Cooper. And that was easy. I didn't have to do anything. The automatic payments just automatically transferred over. And yes, Mr. Cooper, it's sort of a funny sounding name that you don't exactly see them putting the naming rights on stadiums out there, but the new servicer prominently wanted to point out the effect of me making extra $100 monthly principal payments and how much in interest that would save me over time, sort of suggesting that it would be a good idea for me to do so. Oh, as you know, like I've discussed extensively, extra principal pay down is a really poor use of your capital. It's a lot like how in the past, now you've probably seen it like I have, your mortgage company promotes you making bi weekly payments all year, so you'd effectively make some extra principal pay down each year. That way. Don't fall for it. Banks promote biweekly payments because it sounds borrower friendly, it encourages an earlier loan payoff. Well, that actually reduces lender risk and increases your risk. And the whole program can come with extra fees too. It just ties up more of your money in something that's unsafe, illiquid, and with a rate of return that's always zero, since that's exactly what home equity is. As we're about to talk mortgages with an expert today, I will be sure to surface that topic. We'll also talk about the housing market effect of a president firing a Fed chair. When you're living under the rule of a president that desperately and passionately wants lower interest rates, you've got to wonder what would happen if a president just had the power to go lower them himself, which is actually what most any president would want to do, but you almost don't have to wonder what would happen. You can just look at what actually did happen in Turkey. Now, yes, Turkey already did have an inflation problem, worse than us, for sure, but Turkish President Erdogan went ahead and lowered Turkey's interest rates despite persistent inflation. I mean, that's a situation where most would raise rates in order to combat inflation. Well, lowering rates like that soon resulted in substantially higher inflation to the tune of almost 60. Yes, six 0% per year before cooler heads prevailed and the Turkish government was forced to drastically raise rates. But it was too late. The damage was already done to the reputation of Turkey's economy and its everyday citizens and consumers. I mean, that was a painful, real world example of how critical central bank independence is. You've also got to ask yourself a question here, do you really want to live in the type of economy where we would need a bunch of rate cuts? Because when rate cuts happen, it usually results from the fact that people are no longer employed, or we're in a recession, or financial markets are really unstable. So there are certainly worse maladies out there than where we are today, which is with moderate inflation, pretty strong employment and interest rates that are actually a little below historic levels. I mean, that is not so bad. Before we talk both long term mortgage lessons and more nascent mortgage trends today coming up on future episodes of the show here, a lot of info and resources to help you build wealth as usual. Also an A E TELEVISION star of a real estate reality show will make his debut here on GRE.    Keith Weinhold  6:24   Hey, do you like or even live by any of the enduring GRE mantras, like, Don't live below your means, grow your means, or financially free, beats debt free, or even, don't quit your Daydream. Check out our shop. You can own merch with sayings like that on them, or simply with our GRE logo on shirts and hats and mugs. And I don't really make any income from it. The merch is sold at near cost, and it actually took a fair bit of our team's time to put that together for you. So check out the GRE merch. You can find it at shop.getricheducation.com that's shop.getricheducation.com   Keith Weinhold  7:18   today we're talking to the longtime president of ridge lending group. They specialize in providing income property loans to real estate investors like you, and she's also a long time real estate investor herself. I've shared with you before that ridge is where I get my own loans. They've worked with 10s of 1000s of real estate investors, not just primary residence owners, but real estate investors as well as homeowners all over the country, and at this point, she's like a GRE icon, a fixture regularly with us since 2015 Hey, welcome back to get rich education the inimitable Chaley Ridge,    Caeli Ridge  7:54   ooh, Mr. Keith Weinhold, thank you, sir. So good to see you, my friend. Thanks for having me   Keith Weinhold  8:00   opening up that thesaurus tab right about now, I think maybe JAYLEE, why don't we have the chat everyone wants to have? Let's discuss interest rates, starting with the vitriol from Trump to Powell has reached new heights. This year, Trump has called Powell a numbskull, Mr. Too late, a real dummy, a complete moron, a fool and a major loser, among other names. And you know, at times, I've seen Realtors even blasting Jerome Powell for not cutting rates. Well, the Fed doesn't directly control mortgage rates, and it's also not the Fed's job to boost Realtors summer sales. It's to protect the long term stability of the US economy. Tell us your thoughts.    Caeli Ridge  8:48   So this is a rather complicated topic, okay, and there's a lot that under the hood that goes into how a long term mortgage bond interest rate is going to go up or going to go down. As you said, it's not necessarily just the Fed and the fed fund rate, which, by the way, for those that are not familiar with this, the fed fund rate is the intra daily trading rate between banks. So while there is a connection between that and that of the 30 year long term fixed rate mortgage, they are not the same thing. And in fact, statistically, I believe I read this last week, the last three fed fund rate reductions did the opposite to long term rates, right? So we went the other direction. So please be clear that the viral, as you say, of President Trump and what his opinions are about Mr. Powell and his decisions to keep that fed fund rate unchanged for the last several meetings that they've had, I think, is more of a distraction, but that's another conversation overall. I would say that, is he too late? Is he right on time? You know, there's so much data and so many data points that they're looking at, and there's this thing in the industry called a Lag that, in truth, they're not getting the actual data points that they need real time. It's lagging, so the data that's coming out to them today isn't going to be what's relevant and necessary to make changes tomorrow, next month and next week. Most recently, you probably saw in the news the BLS Bureau of Labor and Statistics and the jobs report came in far under what the expectation was. So that might have been the catalyst. I think that will drive Powell and group to reduce that is the overwhelming expectation that the fed fund rate is going to come down by how much. We don't know. Secondary markets are already baking that in, by the way. So when we talk about long term interest rates, I'm starting to see some changes on the day to day. I get access to that stuff, and I'm looking at it daily, the ticker tape of where the treasury bonds and things are. So I'm starting to see some slight improvement to interest rates in preparation of that market expectation, interest rate on the fed fund level will probably reduce. But I think overall, Keith that the Fed is in a really difficult position, because when you think about what really is going to drive the fed fund rate, and then potentially the long term rate, is counterintuitive to what most people or consumers expect, right? They think if the fed fund rate reduces by a quarter of a percentage point, then a long term 30 year fixed should probably reduce by the same amount. It does not go hand in hand like that. Now, while there are trends right, that doesn't happen that way, and more often than not, the worse our economy is doing, the better a 30 year interest rate will be. So in my industry, I'm kind of always playing on the fence, thinking I don't want anything bad for our country and the economy. However, the worse it does, the better interest rates are going to become. And if you've been paying attention, the economy is in decent shape. We're not doing that bad. Inflation is still up, so the metrics that they're using to kind of gage and predict that lag and where we're going to be are not in line to say that interest rates are going to drop a half or a point or a point and a half in the next year to 18 months. Those signs are not out there for me. All of that said, I know that interest rate is top of mind for I mean, I'm on the phone all day long. I like that part of my job where I'm still interfacing with investors on day to day. Big chunk of my day is spent talking to clients, and that is one of the top questions, probably one of the first questions that come out of their mouth, where interest rates? What are interest rates? And what I have sort of started to really form and say to that question is, if interest rates are the catalyst to your success in real estate, you probably need to do a little bit more research, because interest rates should not be the make or break for your success. Well, as a real estate investor   Keith Weinhold  12:45   the Fed has a dual mandate of maximum employment and stable prices. Inflation, though still somewhat elevated, has stayed about the same the past few months. History shows us that the Fed is more comfortable with inflation floating up than they are with suppressed employment levels. To your point about recent reports about us not adding many jobs, and the Fed being concerned about that, the translation for those that don't know is, if the job market is weak, lowering rates, which is what increasingly people think they tend to do later this year. Lowering rates helps encourage businesses. It's more likely that businesses will borrow and expand and hire more people. Therefore, if rates are low now, whether that translates into a lower mortgage rate or not, by lowering that fed funds rate? Yes, there is that positive correlation. Generally, the lower the Fed funds rate goes, the lower mortgage rates tend to go although that isn't always the case. To your point. Shailene, late last year, there were three Fed funds rate cuts, and mortgage rates actually went up, which is somewhat of an aberration that usually doesn't happen that way, but that's the environment we're in. Most people think Fed rate cuts are coming later this year.   Caeli Ridge  14:04   Yeah. And I would say, you know, the other thing too, when we talk about the pressure that the Fed is under right now, specifically, Powell, he's being attacked, fine, and whether I agree or disagree, really important for listeners to understand that the indifference that the Fed is supposed to have right bipartisan, it's not supposed to have a dog in that fight. If it did the calamity, I think what would happen economically in this country would be devastating if other economic powers were to see that our particular financial institutions are swayed one way or another. Politically, that would be devastating to us. So I think Powell has done a decent job at staying the course. He's continued to do what he says, says what he does. So so far, I'm okay. Is he late to reduce rates? I don't know that I'm qualified to say that, maybe. But at the same time, I think that his impartiality has been consistent, and that for that part of it, I'm. Grateful   Keith Weinhold  15:00   for those who don't understand if Trump just told Powell what to do and Powell followed Trump's orders, how does that devastate the economy?    Caeli Ridge  15:09   It shows partiality to or Fieldy to one particular party, right? It's not an independent institution where financial policy quantitative easing, quantitative tightening, all of those different things that are necessary to keep the pistons pumping. It isn't it's very specific to Fieldy and the leader of telling based on potentially ego or other elements that have not a lot to do with fiduciary responsibility.   Keith Weinhold  15:37   If Powell did everything Trump said, I feel like we would have negative interest rates right now   Caeli Ridge  15:43   that could be a problem, especially if the economy and inflation is on the rise, and then you get the tariffs. I mean, there's so much layering to this. I mean, we could go on and on about it, but overall, let me close with this. I think that interest rates are probably on the run, if I had to guess. Now, there's all kinds of variables that could make that statement untrue, but overall, in the next year to two years, I do think we'll see some relief in interest rates, barring any major catastrophe. But again, investors, if your success, if you're tying your real estate portfolio, your real estate investing, whatever modality you're interested in, if you're tying that to an interest rate, and there's a certain number that you have ethereal in your mind, you're going to lose your success in real estate. Interest rate is a component of it, but it should not be tied to your success or failure. You should be able to do the math and look at the differences in real estate opportunities, investment, whether it be long term, short term, midterm, single family, two to four appreciation, cash flow, all those things should be considered, and you will find adequate returns independent of an interest rate. If you're diversifying that way   Keith Weinhold  16:49   there is more evidence that Americans have warmed up and gotten somewhat used to normal mortgage rates. This normalization of mortgage rates, they are pretty close to their historic norms. In fact, a recent housing sentiment survey done by turbo home found that in q1 of this year, 41% of homeowners surveyed said that a 6% mortgage rate was the highest they would accept on their next purchase. Right that was back in q1 today, up from 41%, 52% of respondents now say a 6% mortgage rate is the highest that they would accept. Evidence that people are warming up and normalizing this.   Caeli Ridge  17:30   The other thing too is the pandemic rates. Right? That's been a very hard shell to crack. The people that got these two and 3% interest rates during 2020 2021, part of 22 they're really reticent to let those go, and I think that they're doing themselves a disservice as a result. If you can get a second lean HELOC, okay, fine, but overall, if you're just going to let that untapped equity sit, it's going to be to your disadvantage. If you have any desire to increase your portfolio and your long term financial stability and wealth   Keith Weinhold  17:59   you're listening to get rich education. Our guest is Ridge lending Group President Cheley, Ridge much more when we come back, including 30 year versus 15 year loans. Which one is better and more things that the administration is doing to shake up the mortgage market. I'm your host. Keith Weinhold.    Keith Weinhold  18:15   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Cheley Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    Keith Weinhold  18:46   You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family 266, 866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866,   Rick Sharga  19:58   this is Rick sharga housing market. Intelligence Analyst, listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  20:05   Welcome back to get rich Education. I'm your host, Keith Weinhold. We're talking with a familiar guest this week. That's Ridge lending Group President, Caeli. Ridge wealth is built through compound leverage faster than compound interest. And leverage means using loans. I think most everyone the first time in their life they look at loan amortization tables and learn things like, oh, with a 15 year loan, you pay substantially less interest, perhaps hundreds of 1000s of dollars less interest with a 15 year loan and its lower mortgage rate than you do with a 30 year loan and its higher mortgage rate. But a lot of people don't take that next step and look that Oh, rather than paying down my home loan with extra principal payments, if I just invested the difference, I would be substantially better off down the road. So in a lot of cases, the more sophisticated investor chooses that longer loan duration, the 30 year. That's the way I see it. What do you see? Most of your prefer there.   Caeli Ridge  21:12   It's one of my favorite topics to cover, because there's quite a few layers that I think can all connect. If an individual wants to pay less in interest very easily, I'm going to strenuously advise them to take a 30 year over a 15 year and just simply apply the difference. So let's just start with the applicable version of 15 versus 30 and how it can benefit or harm. Because this is what a lot of times people that go for the 15 year and wanting to pay less in interest. Don't understand, and it's never been delivered to them in a reasonable way, I guess. So just looking at those two, and then we'll get to the strategy of potentially reinvesting those dollars elsewhere. But just look at a 30 year and a 15 year. I am a massive deterrent against a shorter term amortization. I hate a shorter term amortization, because all that's going to do to the individual is limit their ability to qualify later on down the road. And the reason for that is, is that the shorter term, as you had described, is going to yield a higher monthly payment. So when we pull credit for an individual, that's a higher monthly payment that the debt to income ratio has to support, when in fact, if we simply just look at the two side by side, 15 year and a 30 year equal, equal loan sizes. The 15 year is going to have a lower interest rate. It's true, but the amortization is obviously half the amount. We've gone from 360 months, 30 years to 180 months, 15 years. So the payment obviously is going to be much, much higher if you take the payment difference between those two mortgage products and apply it with a 30 year fixed payment. Let's just call it 500 bucks a month, whatever the number is, and you are disciplined to send that extra 500 bucks every single month with your 30 year fixed mortgage payment. You will cross the finish line in 15.4 years, I think, is the average when you run the amortization, so you'll pay a few extra months worth of interest, but whatever, you'll never pay the higher interest that the 30 year has locked at because you've accelerated the payoff of the debt so quickly, and you've maximized your debt to income ratio and future qualifications never take the shorter term amortization. It is to your greatest disadvantage. I hate them. That's part one. Did you have a comment? I can see that your wheels are spinning.   Keith Weinhold  23:24   That is a great answer. If you get the 30 year loan instead of the 15 if you apply an extra principal payment, whatever it would be, call it 500 plus dollars, that you will kill off that loan, that 30 year loan in something like 15.4 years. Yes, and you'll have the lower payment amount for your qualification, going forward, you'll have more flexibility in your life. That's great. I didn't realize the difference 15.4 versus 15 was that small? That's a great takeaway.   Caeli Ridge  23:50   Yeah, absolutely. And the other piece, you kind of just hit on it, the individual's feet are not held to the fire at that higher payment. So let's say it's a rental, okay, whatever. It goes vacant for a month, or a couple months, God forbid, or whatever may be happening. You now get to choose. You are not obligated at that higher monthly payment. You can say, Okay, this month, I'm not going to pay the extra. I don't da, da, da. It's all within your control. So you're killing like four birds with one stone. I really prefer the 30 year amortization for all those reasons. So now let's take it and move into how I believe, and I agree with your philosophy, taking those dollars and applying them, because when we talk about mortgage interest, especially on investment property, okay, it's probably a slightly different conversation when we're talking about somebody's primary residence, home, but for an investment property to take that difference and apply it toward another investment, because the interest remember, you guys, we're investors. We want that Schedule E deduction, that interest deduction, as money goes a 30 year fixed mortgage, even today, as interest rates are elevated beyond the two and three percents that people somehow fixated on, that that's where interest rates should just be forever. You've got Mass. Amounts of interest deduction, so you're paying less in taxes. For that reason, there's so many reasons to stretch out that mortgage on an investment property versus extinguishing that debt, not to mention, you want to constantly be harvesting equity, ideally, pulling cash out. Borrowed funds are non taxable, deploying them, but then taking that extra cash flow and stockpiling it for another investment, whether that just be the down payment or for other things. I just think there's so many better places that those funds can go to produce more wealth than accelerating the payoff of that debt that's benefiting you, from a tax perspective, and several other ways. There's lots of other ways to apply that money. I   Keith Weinhold  25:43   I often ask, why accelerate the payoff on a, say, 7% mortgage interest rate loan, when instead you can take those savings, reinvest them into other real estate, where it sounds preposterous on its face to think of the rate of return that you can get from an income property, but when you add up all the five ways you're paid, appreciation, cash flow, loan pay down, made by the tenant, tax benefits and the inflation profiting benefit on the long term fixed interest rate debt, a return of 20% plus is not out of the question at all. So if it's 20, why would you pay off extra on a seven? That's 13 points of arbitrage that you could gain there by not aggressively paying down a property and instead making a down payment on another income property. Chaeli, when it comes to these type of questions and accelerating a payoff, why do banks seem to encourage that you make bi weekly payments rather than monthly payments, therefore accelerating your principal pay down.   Caeli Ridge  26:42   I'm not sure the reason behind that. I don't know that I've even seen a lot of that from my lens and my perspective. It's definitely not something I ever comment or preach on. But the overall, what's happening there when you do it the bi weekly, so instead of making $1,000 at the first of the month, you make 500 and then 500 right, middle of them on first of the month. What's happening there is, because of the way the annual calendar goes, it ends up being an extra payment per year, right? I think that's the math. Is, when you do it that way, you end up making an extra payment per year, so you can accelerate. And there's you're not doing anything different, necessarily, to in your cash flow, etc. So I don't think there's anything wrong with it. I don't know what the benefit is to the institution that would in communicate that to its consumer. Yeah,   Keith Weinhold  27:27   Yeah, it ends up being 26 bi weekly payments, which has the effect of making 13 monthly payments in a 12 month year, accelerating your pay down. In my experience, it seems that banks encourage this. They contact borrowers. They've contacted me in the past, laying out a welcome mat. Hey, would you like this plan here? And in my mind, accelerating the payoff. We already talked about how that's typically not a good investment. The more you know about the trade off between loans and equity, really, I'm transferring more of the risk onto myself and less they're onto the bank when I accelerate my payoff. So I agree. I'm not interested in doing that at all.    Caeli Ridge  28:06   You know, maybe Keith, it could be, because I people talk about this a lot, those people, and let's say that there are a group of individuals that might benefit. Let's say they're in phase three, right? They're well into retirement. They just want to start paying off. They're not maybe investing anymore. They just want to leave that legacy, perhaps, or whatever their circumstances are, and they don't want to take additional capital and apply it to the principal and lock up those funds and make them illiquid. So maybe, just as an easy sidebar, they just make two payments month versus one. I get a lot of people asking that question. I mean, over the years, I know that like at the closing table, we'll have clients say, Hey, is the servicer going to be set up to accept bi weekly payments? And a lot of times they don't like SLS. I mean, there's a lot of servicers out there that will not accept or don't have the infrastructure to collect those bi weekly so maybe just as a consumer desire out there, the servicers have gotten wise to it, and they just offer it. I can't think of the reason behind why they would promote that to their database. I don't know.   Keith Weinhold  29:09   Another question that I hear quite often, and probably do as well there is about bundling multiple properties into one loan. Can you tell us about that?   Caeli Ridge  29:20   Yeah, that's called cross collateralization. So we're taking residential property, okay, and putting them into a commercial blanket loan. So any combination of single family, up to four unit, five Plex and above is now considered commercial. So it's got to be single family, condo, duplex, triplex, fourplex, right? It's residential property, and they're taking any combination of that and putting it into one blanket loan, cross collateralizing it. Now, I believe the most incentivized way or desire to want to do this is probably for two reasons. One, to free up golden tickets, right? Golden tickets are those Fannie Freddie loans that we talk about a lot. There are 10 of these per qualified individual, if. If someone has maxed out their golden tickets, let's say they've got 12, 1314, properties, they could take five or 10 or 13, whatever the number, and put them into a commercial blanket cross collateralized loan, as long as it's non recourse. That means no personal guarantee is attached to it. The rule per golden ticket will free up all those spaces. So usually this applies to an individual that has a portfolio that has stabilized. This will usually work when the portfolio has had a couple of years to make sure that you've got your consistent tenants and anything that may come up, repairs, maintenance, et cetera, stabilized portfolios and then putting them into that cross collateralization, because the terms are not going to be the same as just a 30 year fixed Okay, especially if you're going to be looking to take cash out and harvest equity that way, that may be a real opportune time to borrow funds. Borrowed funds are non taxable once again, pull the cash out, put it into a non recourse loan. You've got half a million dollars of capital now that you can then go and get a whole new set of golden tickets for expanding your portfolio. So that's something that we focus on for individuals that have maybe maxed out of that that conventional landscape and or are looking to scale and acquire more properties, but they don't want to necessarily look at some of the DSCR loans. They want to get back into the Fannie Freddie box.    Keith Weinhold  31:22   Yeah, so someone could bundle and get cash out simultaneously, potentially, is there anything else that qualifies or disqualifies one for bundling many loans into one like this?   Caeli Ridge  31:35   It's a commercial underwrite. So they should be aware of that. Now, certainly, we're looking at the individual typically in those loans, the underwriting of those loans, the individual's liquidity and credit are most what we're focusing on, but it's about the property in the portfolio, DSCR, that debt service coverage ratio is a big factor. So we're looking at the income against the monthly expense. Generally. That's going to be the principal, interest, tax and insurance on a commercial basis, they throw in the maintenance, vacancy, et cetera, averages. So you want to see, generally speaking, about 1.2 on those when you divide the incomes and the expenses and then otherwise, yeah, LTV might be a little bit restricted on something like that, 70% usually, maybe you can get as much as 75 if you've got a really strong portfolio. But otherwise, for you, individually, liquidity, some liquidity there, and good credit is what is important. As long as the portfolio is operating at a gain, then you're good to go.    Keith Weinhold  32:32   Yeah, that cross collateralization could be really attractive. Well, Chile, we've been in this presidential administration that has shaken things up like few, if any, prior administrations have. One of those things is that they have pushed for cryptocurrency holdings to be recognized as assets in mortgage loan qualification. Now that's something that would probably pend approval by the FHFA and critics cite volatility. I mean, there's been a pattern where every few years, Bitcoin drops 80% before rebounding, and I'm not exaggerating, and that has happened a number of times. And another administration desire is this potential Fannie Mae Freddie Mac merger, or an IPO an initial public offering. Can you tell us what that's about   Caeli Ridge  33:21   let's start with the crypto first, whether or not this, this gets through the Congress and or FHFA, however, that that develops and becomes actualized, that may be different than what the lending institutions decide to take a risk on, right the allowance of that crypto so it even if it's approved and they say that, Yes, that we can use this for asset depletion or reserve requirements, or whatever it may be. I don't know necessarily that you're going to see a lot of the lending institutions jump on board. I think they'll probably have overlays. It's just kind of the layering of risk on the crypto side to ensure that the asset and the underwrite is less likely to default. I don't see a lot of lending institutions that are probably going to jump on that bandwagon immediately. That's probably going to need more time and consistency with that particular asset class. That's the crypto thing. So that's a TBD on the other side, we're talking about conservatorship. So post, oh 809, right? The housing crash and Dodd Frank, if you've not heard of those names before, they're just the last names of individuals that that rewrote that sweeping legislation across all sectors of finance. Once we saw housing and lending implode upon each other, Fannie Freddie, as a result, went into conservatorship. Now what they're saying, what the administration is saying is, is that they are going to say that the implicit guarantee actually, let me back up really, really quickly. I will not take too much time on this so Fannie Mae and Freddie Mac The reason that those products are the golden tickets, as we call them, and we're just focused on investor products right now is because highest leverage, lowest interest rate. And why is it like that? That's because it has a United States government guarantee. Against default. So this mortgage backed security is bundled up with other mortgage backed securities and sold, bought and sold on the secondary market to investors, foreign and domestic. Right? Investors that are buying mortgage backed securities, they know that that paper is secure. If it defaults. We've got the United States government that's giving us a guarantee against default. So that's why it's such a secure investment. If we come out of conservatorship, technically, that would normally mean that you may not have that implicit guarantee. However, the Trump administration and those that are in that space, FHFA, Pulte and all those guys, they're saying that that guarantee should still apply if that happens, if that's how they release this, I don't see anything wrong if they do it without all of the volatility. You know, let's use the tariffs as an example. It was all over the place. It was there, and then it was gone. It was up, and then it was down. It was 30% then it was two right? It was it was just so much, and the markets really had a hard time with it. And as a result, I think a lot of people lost massive amounts of wealth in the stock market because of that. So I think that there is some real benefits to getting the Fannie, Freddie, the GSCs, government sponsored enterprises, out of conservatorship. I think it just opens up for more fair trade in the market. But they have to do it the right way, and as long as they keep that guarantee, that government guarantee, and then they take their time and apply the steps appropriately, I think it could be a good thing, ultimately, for the consumer. Now, if they don't, it could really have devastating impacts, and I think it could even raise interest interest rates higher. I know Trump and folks don't want that, so I think they're mindful of it. That's just kind of the take I get. But we'll see,   Keith Weinhold  36:42   yeah, because that's my preeminent thought with this. Shaylee, if Fannie and Freddie come out of conservatorship, and there's no government backstop on those loans, it seems like the banks are exposed to more risk, and consequently would have to compensate for that, potentially with a higher interest   Caeli Ridge  36:57   rate. You said it better than I did. Yes, I get too technical when I go down those rabbit holes. That's exactly right. I do not think that they will go down that that path without that implicit guarantee. I expect, if this thing comes to fruition, I expect that that guarantee will be there.   Keith Weinhold  37:13   Yeah, it does seem likely, with as much administration concern as there is about the housing market and the level of mortgage rates and all kinds of interest rates out there. Well, JAYLEE, this has been a great, wide ranging conversation all the way from strategy to what the administration is doing in interfacing with the mortgage market. If someone wants to learn more about you and your products, tell us what you offer, including your very popular all in one loan there at ridge.    Caeli Ridge  37:41   Ooh, thank you for teeing that up. Yeah, especially right now, when people have a lot of concern about interest rates right or wrong, the all in one is a very unique product that removes that fear. It's a way that investors, especially can take control of their equity, pay less in interest, and sometimes hundreds of 1000s of dollars less in interest, while maintaining equity and flexibility and liquidity. Cannot say enough about this product. The all in one. First lien HELOC is my very favorite. For the right individuals, we've talked about it many, many times. They can find us talking about it all over YouTube. You and I have quite a few conversations about that. So that and so much more, guys. So the all in one, you've got the Fannie Freddie's, our debt service ratio products, our bank statement loans, our asset depletion loans, ground up construction bridge loans for fix and flip or fix and hold. We really run the gamut there in terms of loan product diversity. There's very little we can't do for real estate investors. So we're uniquely qualified in that space   Keith Weinhold  38:36   and you offer loans in nearly all 50 states. Now tell us more and how one can get a hold of your company. Yes, we are   Caeli Ridge  38:44   licensed in 49 states. The only state we're not licensed in residentially is New York. We can still do commercial there. But to reach us, you can find us on the web, Ridge lendinggroup.com you can email us info@ridgelendinggroup.com and feel free to call us at 855, 74 Ridge 855-747-4343,   Keith Weinhold  39:04   I'm so familiar with all those avenues because, again, that's where I get my own loans myself. Chaley Ridge has been valuable as always. Thanks so much for coming back onto the show.    Caeli Ridge  39:13   Thanks, Keith.   Keith Weinhold  39:21   A lot of experts believe that stripping Fannie and Freddie's public backing and taking them public, yeah, that that will increase mortgage rates. See, besides there being more risk, like we touched on there during the interview, Fannie and Freddie would face strong incentives to increase profitability, to make an IPO appealing to potential investors, that's just another reason that would probably increase mortgage rates. But if you're the type that truly champions free marketeerism, then the government would get out of Fannie and Freddie and let them IPO, and you would want. To see that happen now you as an investor, you probably resonate with the fact that rather than having to methodically and even painfully save money for your next property, instead you can just borrow funds, tax free, out of your existing property, and that way, you're using more of other people's money, the bank's money, in this case, and less of your own. Similarly, if you avoid aggressive principal pay down well, you would just retain those funds in the first place. As you can see, Chely is really good at taking a deep look at what you've got to work with and helping you lay out a strategy that might make sense, keeping in mind and evaluating your cash, cash flow, equity DTI and loan to value ratios, they offer free 30 minute strategy sessions. You can book one right there on their homepage at Ridge lendinggroup.com Until next week, I'm your host. Keith Weinhold, don't quit. Sure. Daydream.   Speaker 2  41:07   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively.   Keith Weinhold  41:31   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got pay walls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read. And when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream. Letter, it wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre 266, 866, while it's on your mind, take a moment to do it right now. Text, gre 266, 866   Keith Weinhold  42:47   The preceding program was brought to you by your home for wealth, building, get richeducation.com.

Jessica Sunshine couldn't take it anymore.New Hampshire's changing policies. The complaints from the parents. The stress.So, after 10 years of teaching high school English across several New Hampshire high schools, the 32-year-old won't be returning to the classroom this year.Instead, she's focusing on building her dream of helping students feel seen and heard in a different way: yoga.An accomplished yoga teacher at Prasada Yoga (North Hampton), Bryony Body (Exeter), Good Vibes Yoga (Ogunquit), and Seavasana (and formerly of Yogasmith and Barre & Soul), she's now a reiki master and a sound healer. She also manages social media for Portsmouth Paddle Co.From the West End of Portsmouth, Jessica sits down with host Troy Farkas to discuss why she won't be returning to the school this year, and what it's like now working full-time in yoga & healing. Plus, she shares her heartbreaking stories of losing her father suddenly, dealing with chronic pain, and the eating disorders she used to struggle with.CHAPTERS:Why Jessica started teaching yoga (00:00)Losing her father in 2022 (11:10)Her problems with N.H.'s education system (18:15)SPONSORS: Chinburg Properties & Sea Love (25:52)Why Jessica left teaching at the end of last year (28:22)Why we have no control over what happens (33:10)Going full-time with healing work (43:10)SPONSOR: Soul Models (50:35)Chronic back pain over the past year (52:00)Why a yoga teacher is not a guru (01:10:10)Jessica's love for D Street Tavern (01:23:00)How do you want to be remembered? (01:28:37)For 1-on-1 reiki sessions with Jessica, you can message her @jessicasunshineyoga on Instagram to learn more information.THANKS TO OUR SPONSORS:Soul Models:⁠ Email info@soulmodels.org to support their 9/24 Soul Powerful event, or buy tickets here.Sea Love: Get 20% off your Portsmouth candle-making experience by saying "SEACOAST STORIES" in store.⁠Chinburg Properties⁠⁠David Higgins: The official investment office of "Seacoast Stories!" Email ⁠⁠⁠⁠⁠david.higgins@wellsfargoadvisors.com⁠⁠⁠⁠⁠ to get started on the path toward better investment.Investment and insurance products are Not Insured by the FDIC or Any Federal Government Agency, Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate, Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested.Investment products and services are offered through Wells Fargo Clearing Services (WFCS), LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFCS uses the trade name Wells Fargo Advisors. 1 North Jefferson, St. Louis, MO 63103.

In this week's episode, Ryan Walters shows off his Oklahomophobia, a church-restaurant has to transubstantiate its bar inventory to keep its liquor license, and Marsh will talk the guys through the how-tos of canal sects. --- To make a per episode donation at Patreon.com, click here: http://www.patreon.com/ScathingAtheist To buy our book, click here: https://www.amazon.com/Outbreak-Crisis-Religion-Ruined-Pandemic/dp/B08L2HSVS8/ If you see a news story you think we might be interested in, you can send it here: scathingnews@gmail.com To check out our sister show, The Skepticrat, click here: https://audioboom.com/channel/the-skepticrat To check out our sister show's hot friend, God Awful Movies, click here: https://audioboom.com/channel/god-awful-movies To check out our half-sister show, Citation Needed, click here: http://citationpod.com/ To check out our sister show's sister show, D and D minus, click here: https://danddminus.libsyn.com/ Report instances of harassment or abuse connected to this show to the Creator Accountability Network here: https://creatoraccountabilitynetwork.org/ --- Headlines: Trump-appointed judge rebukes Oklahoma's Ryan Walters: https://www.msnbc.com/top-stories/latest/ryan-walters-oklahoma-judge-lawsuit-religious-freedom-rcna225290 Josef Fritzl case made me reject God, reveals Badenoch: https://www.telegraph.co.uk/politics/2025/08/07/kemi-badenoch-josef-fritzl-reject-god/ What's even better than ‘cultural Christianity'?: https://christianconcern.com/comment/whats-even-better-than-cultural-christianity/  Texas megachurch pastor says scammers stole $18K pretending to work for Wells Fargo: https://www.christianpost.com/news/texas-megachurch-pastor-alleges-scammers-stole-18k.html Utah school board member defends comments amid criticism of faith, Unabomber references: https://www.utahpoliticalwatch.news/utah-board-of-education-member-praises-unabomber-claims-mccarthy-was-right-in-bizarre-speech/ Archbishop backtracks after appointing convicted rapist as chancellor: https://thecatholicherald.com/article/archbishop-backtracks-after-appointing-convicted-rapist-as-chancellor  Denham Springs revokes liquor license for restaurant hosting church services: https://www.wafb.com/2025/08/12/denham-springs-city-council-revokes-liquor-license-restaurant-hosting-church-services/

Today I am speaking with Dave Chase from Health Rosetta, and I'm asking Dave Chase three inferno-level burning questions—questions that, across the country, many self-insured employers are trying to find the answers to. For a full transcript of this episode, click here. If you enjoy this podcast, be sure to subscribe to the free weekly newsletter to be a member of the Relentless Tribe. Now, an important underlying point that comes across loud and clear but remains unsaid, actually, in the conversation that follows is this: There are amazing brokers and EBCs (employee benefit consultants) and benefits advisors or TPAs (third-party administrators) who put their clients first and have the receipts (ie, they have data and they're willing to share it to prove this). And then there are those with the exact same titles, often enough, who are very much the opposite of this but super charming, I'm sure. I mean, it'd be a stretch to assume that the same roles don't apply to brokers or EBCs that apply for titles like hospital administrators where there's great ones and really not great ones; but everybody often gets lumped into the same category or even the term hospitals. Each of these terms is a broad stroke and contains multitudes. And do listen to the bonus clip from two weeks ago with Jonathan Baran for just more on this point. We dig into it for like 10 minutes or something. I also talk about this same concept in an upcoming episode with Mick Connors, MD. So, keep that underlying and unsaid theme in mind because a lot of these questions do boil down to, How do you figure out who's on the up-and-up and who's not? And if you need an example of the latter category, listen to the show with Ann Lewandowski (EP476) about the whistleblower lawsuit or the show with AJ Loiacono (EP379) about the myriad of brokers taking $7 or $14 per script written payable by the PBM (pharmacy benefit manager) and not reported on, as far as I know. This is very much still going on today, by the way, despite the CAA (Consolidated Appropriations Act) and the 5500 forms. Alright, so, first burning question, Question 1: After seeing J&J (Johnson & Johnson) and Wells Fargo sued for fiduciary breaches, what specific questions do I need to ask my benefits advisor to prove that my benefits advisor actually protects my interests? Okay, paraphrased, this question is employers trying to figure out what they can ask or how they can figure out if their benefits advisor or broker or employee benefit consultant is really as trustworthy as they'd like you to believe they are. There's been a whole bunch of shows that circle up on this. The thing is, though, the stakes are very, very high right now. So, yeah, I can see why this is turning into a burning question for anyone worried they might get sued personally unless they can figure out how to vet, for real in writing, who their broker, EBC, or advisor serves actually at the end of the day. Question 2 that I ask Dave Chase, and I'm not giving you the answers to these questions. You gotta listen to the show. But here's the second question I ask: How do I avoid personal liability when my TPA contract has hidden conflicts that could trigger an ERISA (Employee Retirement Income Security Act) lawsuit? Kind of a continuation of Question 1, but yeah, you can tell that self-insured employer teams are really digging in here and many, many are very aware of, first of all, the extent and depth of middle people doing things like, again, allegedly taking $20 million of employer clients' money and funding their executive bonus pool. So, yeah, definitely this is another doozy of a burning question. Also on these same topics, listen to the show with Justin Leader (EP433) and also the one with Cynthia Fisher (EP457) about spread pricing. Question 3 that I ask Dave Chase: My pharmacy costs keep climbing despite PBM guarantees. How do I tell if I am being systematically overcharged? Well, if your consultants are taking your rebates to fund their executive bonus pools, as I just mentioned there's a whole show about with Ann Lewandowski, or if they're taking $7 a script for every script that gets written for your members, which, yeah, that's afoot. I've seen the contracts and the cease and desists currently flying around our industry about that one. Or read that Osceola County lawsuit against their longtime brokers. Bottom line and end of this intro, informed employer teams are, for sure, wondering these questions. But even more than just wondering, what these questions signify to me, kind of at the macro level, they're realizing the danger of kind of sitting on that knowledge or just assuming that because everybody else is doing whatever, it's somehow safe—though status quo is getting kind of more and more dicey every single day. As some additional foreshadowing, this show finishes up with Dave Chase talking about the open-source resources that are available so that you too can create a high-performance health plan where members get higher-quality healthcare and, as Dave Chase says, the cost savings for free. There are links to many things that you can get from Health Rosetta and their sister company, Nautilus. Again, all the stuff is for free. Go to nautilushealth.org. That's their main Web site. Dave Chase, who has been on this podcast—I think this is his third time, although it has been a while—Dave Chase is co-founder and CEO of Health Rosetta. Also mentioned in this episode are Health Rosetta; Jonathan Baran; Mick Connors, MD; Ann Lewandowski; AJ Loiacono; Chris Deacon; VerSan Consulting; Justin Leader; Cynthia Fisher; Nautilus; Andreas Mang; Blackstone; Jon Camire; Claire Brockbank; Elizabeth Mitchell; Scott Haas; Paul Holmes; Chris Crawford; Luke Slindee, PharmD; Mark Cuban; Marilyn Bartlett, CPA, CGMA, CMA, CFM; Leah Binder; and Dawn Cornelis.   You can learn more at Health Rosetta and follow Dave on LinkedIn.   Dave Chase is on a mission to restore hope, health, and economic well-being to communities through healthcare transformation. As creator of the community-owned health plan (COHP) model, he is building a nationwide movement that turns health plans from drivers of wage stagnation into vessels for well-being and wealth creation. As founder of Health Rosetta, Dave has helped transform healthcare for thousands of employers covering more than five million Americans. What began with identifying just five successful health plans nationwide has grown into a movement with thousands of sustainable successes that deliver superior care at 20% to 50% lower costs. In 2024, his team launched Nautilus Health Institute, catalyzed with $4 million in Health Rosetta intellectual property and investment. Nautilus provides open-source standards, contracting templates, and technology infrastructure (including METL, an open-source healthcare data platform) that establish new market norms benefiting employers, clinicians, and communities. Dave's work in healthcare transformation has reached over 10 million people through best-selling books (The CEO's Guide to Restoring the American Dream, The Opioid Crisis Wake-up Call, Relocalizing Health), media, TED Talks, and TV/film appearances. He has received the World Health Care Congress's Lifetime Achievement Award for Health Benefits Innovation. Dave is dedicated to transforming healthcare through transparency, community ownership, and proven solutions that restore the American Dream.   06:36 What questions does a plan sponsor need to ask their consultant, EBC, or broker to ensure they are protecting the interest of the plan sponsor? 07:59 EP478 with Andreas Mang and Jon Camire. 08:49 EP453 with Claire Brockbank. 09:51 EP433 with Justin Leader. 09:53 EP436 with Elizabeth Mitchell. 11:03 How can plan sponsors avoid personal liability when their TPA has hidden conflicts of interest? 11:40 Tiara Yachts v. Blue Cross Blue Shield of Michigan lawsuit. 13:48 EP483 (Part 1) with Jonathan Baran. 14:18 EP457 with Cynthia Fisher. 16:18 The Marshall-Hickenlooper bill called the Price Tags Act. 16:50 Summer Short with Elizabeth Mitchell. 17:36 How do plan sponsors figure out if they are being overcharged for pharmacy benefits? 18:09 EP365 with Scott Haas. 20:18 EP397 with Paul Holmes. 20:22 EP465 with Chris Crawford. 20:37 EP429 with Luke Slindee, PharmD. 22:56 EP476 with Ann Lewandowski. 28:38 Where to find open-source resources to help guide plan sponsors with making better health plan decisions. 29:47 How the open-source trend is growing for health transparency. 30:48 What to look forward to at RosettaFest.   You can learn more at Health Rosetta and follow Dave on LinkedIn.   @chasedave discusses questions #plansponsors need to ask on our #healthcarepodcast. #healthcare #podcast #financialhealth #patientoutcomes #primarycare #digitalhealth #healthcareleadership #healthcaretransformation #healthcareinnovation   Recent past interviews: Click a guest's name for their latest RHV episode! Jonathan Baran (Part 2), Jonathan Baran (Part 1), Jonathan Baran (Bonus Episode), Dr Stan Schwartz (Summer Shorts), Preston Alexander, Dr Tom X Lee (Take Two: EP445), Dr Tom X Lee (Bonus Episode), Dr Benjamin Schwartz, Dr John Lee (Take Two: EP438), Kimberly Carleson, Ann Lewandowski (Summer Shorts), Andreas Mang and Jon Camire (EP479)

Wells Fargo Senior Economist Sarah House leads "The Jackson 5" analysis of key economic indicators ahead of the Fed symposium. Wedbush's Matt Bryson explains his Nvidia price target hike this week ahead of earnings. Brooke May from Evans May Wealth charts the market's next move. Plus, an exclusive look inside one of America's largest biologic drug manufacturing plants as Fujifilm's North Carolina facility prepares to produce drugs for Johnson & Johnson and Regeneron. Tom Rogers, former NBC Cable President and Versant Board senior advisor, breaks down the streaming wars as ESPN launches its new standalone app. 

Your name is power. Every time you buy, every time you wear a brand, every time you borrow — you're building another family's wealth. Gucci. Porsche. Wells Fargo. Hilton. Versace. You think you're buying products, but you're really buying last names.Meanwhile, your own family name is left behind.This episode of the Goal Billionaire Podcast is a wake-up call to stop making everyone else rich and start building for YOUR family.In this powerful message, you'll discover:Why your last name carries more weight than your firstHow to break generational curses that hold families backThe truth about wealth, brands, and legacy that nobody tells youWhy you must think beyond yourself and build for your children's childrenThe mindset shift from spending to buildingYour first name is about you.Your last name is about us.It's time to LEAVE LEGACY.

Rebecca Macieira-Kaufmann, a former Fortune 50 Global Executive, specializes in leading successful business turnarounds and scaling operations worldwide. Rebecca co-authored "FitCEO: Be The Leader of Your Life," promoting holistic health for leaders globally. Previously at Citigroup and Wells Fargo, she was recognized as one of the San Francisco Business Times' "100 Most Influential Women in Business" for twelve consecutive years. CONNECT WITH HER https://rmkgroupllc.com/ Subscribe to this channel now!  https://www.youtube.com/user/lunidelouis/?sub_confirmation=1    ---------------------------------------------------- Join our exclusive Facebook group @ https://www.facebook.com/groups/339709559955223  --------------------------------------------------- Looking for accountability to do your morning routine -- join us tomorrow morning, it's FREE:   https://bestmorningroutineever.com/  ----------------------------------------­­­­­­­-------------

On one of the biggest days of their lives, Bill and Bennett Camarda's lives were flipped upside down.On today's episode, the husband-and-wife co-owners of Limitless Fitness (Epping & Greenland, N.H.) open up about the emotional rollercoaster of the last two years, from dealing with unimaginable grief, to acquiring Limitless in 2024, building a second location, and so much more.From the West End of Portsmouth, the powerhouse husband-and-wife duo join host Troy Farkas to discuss the fairytale-like circumstances they met under, Bill's years-long pursuit of Bennett, living in Atlanta & Chicago together, moving to the Seacoast, & the family crisis that led Bill and Bennett to leave their successful corporate careers behind.Plus, why they acquired Limitless in 2024, the crazy behind-the-scenes of opening their Greenland location in July, and what makes Limitless Fitness, an exclusively 1-on-1 gym, a disruptive force in the Seacoast's fitness offerings.CHAPTERS:Bill's childhood health issues (00:00)Bill and Bennett's cute love story (09:36)SPONSOR: Chinburg Properties (19:35)Moving to the Seacoast (20:36)The diagnosis that changed their entire perspectives (23:15)An unimaginable 96 hours (34:42)SPONSOR: The DRIPBar (44:02)Why they acquired Limitless (45:35)What makes Limitless different (52:05)Opening the Greenland location in July (01:04:10)Why they love working together (01:11:20)How do you want to be remembered? (01:18:56)To learn more about Limitless Fitness and their offerings, just visit LimitlessFitnesLLC.com or follow @limitlessfitnessllc on Instagram.Want to meet other "Seacoast Stories" listeners? Great! Seacoast Stories Dinner Club⁠⁠⁠⁠ is headed to Dover THIS WEDNESDAY, 8/20, at 7 p.m. You can sign up here for this one-of-a-kind experience.THANKS TO OUR SPONSORS:Chinburg Properties: Find your dream home or office!⁠The DripBar⁠⁠: Set up your IV drip membership today!David Higgins: The official investment office of "Seacoast Stories!" Email ⁠⁠⁠⁠david.higgins@wellsfargoadvisors.com⁠⁠⁠⁠ to get started on path toward better investment.Investment and insurance products are Not Insured by the FDIC or Any Federal Government Agency, Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank Affiliate, Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested.Investment products and services are offered through Wells Fargo Clearing Services (WFCS), LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. WFCS uses the trade name Wells Fargo Advisors. 1 North Jefferson, St. Louis, MO 63103.

Putin to offer financial incentives to Trump at Ukraine summit; 'Perfect storm' hits Florida community health centers; Rural OR non-profit to expand Medicaid enrollment with new funding; CT part of national protest of Wells Fargo policies; IN voices join national battle over gerrymandering.

Comprehensive coverage of the day's news with a focus on war and peace; social, environmental and economic justice. Photo Kremlin.ru Judge restores DC control of police, as DC sues to end Trump's takeover; Trump, Putin hold friendly peace meeting in Alaska, but no deal on Ukraine yet; Oakland Mayor Lee criticizes Trump threats targeting cities for ICE enforcement; Protesters block Wells Fargo's SF headquarters to protest labor, climate, diversity roll-backs; UN says 1 in 4 Gazans have disabilities due to war, 35,000 have hearing damage from repeated explosions The post District of Columbia sues to end Trump's takeover of police; Trump, Putin hold friendly peace meeting but no deal yet – August 15, 2025 appeared first on KPFA.

Direct Action Everywhere Outside Trader Joe's Berkeley Credit to D.A.E. Aug 15th Action Poster On today's show,  Direct Action Everywhere will be holding an action in front of Trader Joe's in Berkeley tomorrow and lead organizer Cassie King will explain why.  We'll switch gears and speak to climate activists from Portland, OR (Dr. Bernadette Rodgers –Scientists Rebellion Turtle Island), Corpus Christi, Texas (Armon Alex – Gulf of Mexico Youth Climate Summit) and Lake Charles, Louisiana (James Hiatt – For A Better Bayou) who are all participating in today's huge action at Wells Fargo headquarters in San Francisco. The post Mistreated Poultry & WF Protests appeared first on KPFA.

Putin to offer financial incentives to Trump at Ukraine summit; 'Perfect storm' hits Florida community health centers; Rural OR non-profit to expand Medicaid enrollment with new funding; CT part of national protest of Wells Fargo policies; IN voices join national battle over gerrymandering.

Top headlines for Thursday, August 14, 2025In this episode, a shocking case where a Texas megachurch pastor and his family were defrauded of over $18,000 by scammers posing as Wells Fargo employees, highlighting the dangers of sophisticated financial scams. Next, we discuss a noteworthy appeal from a coalition of 80 faith leaders in Ohio, urging the nation's largest supermarket chain to reconsider its stance on LGBT support. Lastly, we confront the harrowing reality of child maltreatment in the United States, as Naomi Schaefer Riley uncovers the tragic statistic of over 2,000 young lives lost each year, primarily under the age of three. 00:11 Texas megachurch pastor alleges scammers stole $18K01:03 Okla. governor champions new law barring men from women's prisons01:59 Ohio pastors call on Kroger to end 'radical LGBT policies'02:54 Marine spiked woman's drink with abortion drugs: lawsuit03:53 Expert warns foster care crisis puts young children in danger05:04 Lawmakers warn Texas school district over anti-Israel curriculum06:10 Episcopal diocese helps provide over 100K meals for GazaSubscribe to this PodcastApple PodcastsSpotifyGoogle PodcastsOvercastFollow Us on Social Media@ChristianPost on TwitterChristian Post on Facebook@ChristianPostIntl on InstagramSubscribe on YouTubeGet the Edifi AppDownload for iPhoneDownload for AndroidSubscribe to Our NewsletterSubscribe to the Freedom Post, delivered every Monday and ThursdayClick here to get the top headlines delivered to your inbox every morning!Links to the NewsTexas megachurch pastor alleges scammers stole $18K | Church & MinistriesOkla. governor champions new law barring men from women's prisons | PoliticsOhio pastors call on Kroger to end 'radical LGBT policies' | BusinessMarine spiked woman's drink with abortion drugs: lawsuit | U.S.Expert warns foster care crisis puts young children in danger | PodcastLawmakers warn Texas school district over anti-Israel curriculum | EducationEpiscopal diocese helps provide over 100K meals for Gaza | Church & Ministries

On this episode of "The Founder's Sandbox", Brenda speaks with Donovan Ryckis; CEO of Ethos Benefits, the nation's leading fiduciary benefits consultant in mid- -large market employers. Ethos Benefits was founded in 2016, after a chance request from a client of Donovan when he operated as a financial advisor--the client was faced with an increase in the companies' health insurance bill for the companies' employee plan that would have had a financial burden that threatened the sustainability of the company.   ‘Ethos' represents the guiding principle, character, or spirit of a person or organization. It's the ‘why' that drives decision-making and fuel's purpose.   Through Donovan's origin story we will have our eyes opened as business owners to the potential risks of employer sponsored healthcare plans and how to mitigate these risks. You can find out more about Donovan and Ethos at: www.linkedin.com/in/donovanryckis Upcoming master class on August 14th https://ethosbenefits.com/ https://businessofbenefitspodcast.com/ For a limited time only access the documentary: It's not personal, it's just  healthcare. https://ethosbenefits.com/documentary/     Transcript:  00:04 Welcome back to the Founder's Sandbox. I am Brenda McCabe, your host on this monthly podcast. It reaches  business owners and entrepreneurs who learn about building resilient, scalable, and 00:32 purpose-driven companies, all with great corporate governance. I am Brenda McCabe, and I am your host. And the guests that come to the podcast are not only those founders and business owners who are sharing their experiences, but also corporate directors,  investors,  and professional service providers who, like me, want to use the power of the private enterprise, small, medium, and large, to create change for a better world. 01:00 Through storytelling here and a recreated  sandbox,  my goal is to equip  one startup founder or one business owner at a time to build a better world through great corporate governance. Today, my guest is Donovan Rikas.  He is joining the podcast as CEO of Ethos Benefits, the nation's leading fiduciary benefits consultant in the mid to large market employer space. 01:29 So I'm absolutely delighted to bring in a professional service provider in  the employer benefits area, which  we're going to  unpeel  this  sector  today in the podcast. it's fascinating. So thank you, Donovan, for joining me today. Thank you, Brenda. Thanks for having me. Excellent. So  the company you and Chelsea, your wife and president of Ethos Benefits, 01:59 was founded in 2016, which wasn't that  long ago.  But it happened serendipitously.  You got a chance request because at that time, you were a financial advisor, right? Yes. When  your client was faced with an increase  in the company's health insurance bill for their employee plan,  pardon me, that would have had such a financial burden,  it would have threatened the sustainability of 02:27 the company and that's your client. So what did you do Donovan? What was the origin  of Ethos Benefits? Thank you. Yeah, so that's exactly right. I started as a financial advisor.  So Ethos Benefits was formerly a registered investment advisory, which was Jay Donovan Financial.  And one of the interesting things that are a little bit different on the security side versus the insurance world is 02:56 the ability to  license and designate yourself as a fiduciary advisor to your clients.  So that's really important and that's kind of where we started as financial advisors. So that essentially means that you're not gonna be commission-based with variable commissions based on what you wanna sell and the client doesn't really understand, right? You're gonna be  transparent with how you earn any compensation. 03:23 and you're not gonna have any conflicts of interest that might change  the recommendations or advice that you're giving them. So it's gonna be flat fee and you get to work with them directly instead of working for the financial institutions and the insurance companies kind of in the background that are actually the ones incentivizing. Cause  it's this odd relationship where it's like you think the financial advisor is working for you but they're actually incentivized by the institutions  that they're representing. Very important clarification because we do have a question 03:53 further on, which is, you know, what, what, how does the 401k management, right about employers 401 plan, mirror that of healthcare benefits? Yeah, for sure. You'll start to see some of those. So that's how we're working as financial advisors. And that's an important distinction as we get into an explanation of 04:22 the whole healthcare industry and how that works. So you're exactly right. I was working as a financial advisor, working with business owners  because they had more kind of complicated planning and tax structures and things that I could do to really make a difference.  And what I realized is when most of them had commission-based advisors, they'd rush to sell a product, mutual funds  with upfront loads and REITs that had  proprietary commissions and all this kind of stuff. And then they would leave without worrying about any of the 04:52 tax consequences,  you know, islets or trusts or even wills, right? Like all these extra things that business owners needed to set up their own personal wealth, but also their company, their 401k, maybe combining a defined benefit plan. So that was kind of the niche I chose.  And it was incredibly lucrative. I loved it.  Was doing exactly what I wanted to do until that client kind of asked me for that help, like you alluded to. 05:21 And it was 40 % increase on his health insurance. He said, my broker says, this is it. There is nothing else. Can you help? And I didn't know any idea. Like I had no idea about health insurance or what I do. But yeah, just- No, no. problem. 05:39 And certainly as a financial advisor, it kind of seemed like going backwards and beneath me. didn't really want to do it, but I was like, I could hear the panic in his voice. And I was like, yeah, absolutely. Just send me everything you have. And after about three weeks, basically making as many connections in the industry and learning as much as I could and trying different things, we basically mitigated that increase entirely. 06:05 And he actually came three points under where he was currently today before that increase. And we didn't take away any benefits from employees. We didn't put them in smaller  HMO networks. We didn't increase deductibles or increase their premiums. None of the usual tricks.  So this was a like for like solution. We actually improved the plan a bit and came in under.  And it really made me realize in that moment, it wasn't my experience or my education or my smarts that 06:34 may be able to do this,  it was a lack of conflicts  in compensation and incentives,  right? Because his broker does about $7 billion a year annually.  I didn't come in with more market knowledge, leverage, or experience. I just didn't have conflicts of interest and compensation. That's what  started me down this path.  And  back then,  you hadn't yet  created Ethos Benefits with that name. 07:03 So when I did a little bit of research,  I couldn't have been more delighted that you actually reached out to to be featured on the founder sandbox because of two reasons, you the word fiduciary, right?  It was in  your basically your call to action, right? Or your or the definition of company. So,  you know, you  are  the governance of a company goes way beyond making a profit for shareholders. 07:32 the duty of care, the duty of loyalty and the duty of obedience is really the underpinning elements of  fiduciary duty. And on your website, you say our ethos is simple fiduciary first. So we're going to appeal that in here in a minute here. So act in the best interest of those we serve,  no matter the cost. You also on the website,  you you had a purpose ethos represents the guiding principle. 08:01 character or spirit of an organization or a person is the why that drives decision making and feels purpose. So I,  I looked like I was reading what next act advisors may consult a firm is about is just really finding those purpose driven. So  with that, I wanted to just, you know, ask you,  what was that you had that first client that first aha moment, and 08:29 How long did it take you and did when did you realize that this could be a a career change for you, right? Rather than a financial advisor, you were actually actually a health care benefits advisor, right? Yeah, I mean, I think I think the first moment is, you know, being being a financial advisor was very lucrative. And I like the people I was working with. I liked working with entrepreneurs and business owners and and, you know, just 08:58 I found them inspiring and I was curious about the things they're doing. And  I think that kind of lifts everybody up when you keep a circle like that, right? Like you  push yourself harder, you learn, educate and do different things.  So I love the clients I was working with. Like I said,  maybe  working on personal wealth for individuals though, isn't the most rewarding thing you could be doing. seeing that... 09:25 Don't get me wrong, I was paid well enough. It would have took me a long time to figure out that it wasn't very personally fulfilling.  But seeing that first case, mean, the first thing I did when I got that successful proposal back, before I presented it to the clients is I was looking at the math  of what does this cost? What difference does this make per paycheck to all the individuals in this planet? And then I'd look at somebody, my God, this person's got a wife and two kids. Look at the difference in premium there. 09:54 I was calculating my work in return to the average American worker and realizing like me putting myself aside to  proactively, strategically go after this problem instead of making a decision for my own personal commission, looking at how much that impacted everybody. And that was powerful. 10:20 I'm going on 20 years in financial services and every aspect of it, I've seen people who prioritize commissions over, you know, a better product, a better outcome for an individual. But the idea that that could be done on scale to where you're now making that decision for yourself over 200, 500, 2000, 3000 employees, like that's pretty disgusting, right? So seeing that that kind of impact could be made. 10:49 I mean, it was  it was really not a question after that I knew I was transitioning my business. Excellent. Excellent. So  my own path  after 25 years in Europe  was quite an eye opening experience when I came back to the United States, I am a US citizen, but I had to get you know, I've been working for myself and I had to get self insured. So  I got back this is like 11:18 12 years ago, I got the Affordable Care Act for dummies from my local library.  I had not yet transferred my tax certification to the United States takes quite a few years when you've been gone so long.  So you because you do have to sub venture tax returns and all that. And then  I ran into I met Marshall Allen, the author of never pay the first bill and the other ways to fight the healthcare system and when 11:46 Marshall Allen actually spoke at  a graduate or alumni event of University Chicago. And  I was, you know, reading these books. And you know, eventually,  I got my own broker to help me get onto the exchange. But it every year has been  an experience.  I'm fortunate to be part of a  membership organization through which  for small  and medium sized businesses and I get  PPO through 12:14 I won't mention names, but  I was  blessed because just  and I'm 12 years in the United States, you have to knock on a lot of doors to actually get health care when you are a small business  owner  and really  understand what  you are paying for,  not only your premiums of what are the services  that are provided. So can you talk about  the average 12:44 premium for a family of four and some of the  numbers that you discovered  and believe  we as a country could actually improve  on the outcomes, healthcare outcomes with the actual spend we have today, right? Yeah, we're getting the numbers are pretty wild. mean, I feel like we're really kind of getting to a breaking point with it.  You know, 13:12 For what I work on, employer-sponsored healthcare, 186 million Americans are covered under employer-sponsored healthcare plan. These plans can average increases anywhere from seven to 10 % annually. We see a lot of reports that come out that kind of measure these things. Kaiser Family Foundation does one, Milliman Index is another one. So there's a lot of studies that kind of measure this annually and changes for employers across the board. 13:41 What we saw this year for 2025 was the average cost for a family of four under employer sponsored health care plan is $35,119, which is just an astonishing number. That is unaffordable for an employer. That's unaffordable for an employee. And it's unaffordable for them to split that cost as well, which is how these, yeah, that's how they're structured in some way or another. 14:11 And another number to know that kind of governs this is the ACA affordability percentage, which is essentially where employers have to contribute, they have to contribute enough to keep the premium under this amount, which is 9.02 % this year. So premium for one of your employees cannot exceed 9.02 % of their take-home pay. 14:39 And this is updated on an annual basis, correct? Correct. Yeah, it fluctuates a little bit, but it's always right at 9, 8.5, 9.2, it's balanced up and down. But that's a pretty astonishing number too. And I see a lot of companies that are basically designing their contribution just to stay under that. it's, obviously they'd love to do more, but with the way these costs increase annually, sooner or later, they get to that point. 15:07 where they're kind of designing it just to be under 9 % of the employee's income. Okay, that's  astonishing.  And I'm happy that you  are working nationwide now with employer benefits with companies that, what's the size of the companies that you typically sell to? So we only work with large employers these days. And if we have somebody come in a little bit under, we have some associate agencies that we can kind of refer them to. 15:36 I'd say our minimum is usually like 250 eligible employees all the way up to 5000. Yeah, so anywhere in that mix. Excellent. So when again, I first met you was unaware because you've basically become nationwide in the last what two, three years, right? I'd say around COVID. Yeah, I took off right. So when I was speaking with you spent some time on the website. 16:06 I was trying to understand the sales alignment. So how you reach customers, those employees that have 250 between 250 and 5,000 employees, right? My first reaction was, OK, Donovan, go in with either of these benefits. You do a cost down, right? You've done, you basically work yourself out of the job. You corrected me. So for my audience, so how? 16:32 does ethos benefits work for a company, right?  What is that?  Is it is it an annual  engagement  talk walk me through the work you Yeah, I mean, things are happening on a daily like when we break down our scope of services, we'll actually show them like,  these are daily, these are weekly tasks, these are monthly, quarterly and annual because there's so much happening.  So  we're talking about the employee benefit space. Yes, it's  the 17:01 kind of designing consulting for the annual premium for a 12 month period. I think that's what people first consider.  But there's also a ton of compliance factors that have to happen throughout the year that that company has to fill out, right? Could be anything from section  125s,  5,500s,  wrap documents, all kinds of notices and disclosures  that need to be done.  Also, you know, we deal with benefits administration. So that's... 17:29 How are the employees making elections, seeing premiums? Is that integrating into payroll?  So functions like that with eligibility in and out of the company  adjusting that.  But also we kind of discussed and talked about the fact that health care is incredibly complex. So all the same market influences, where the market's at, interest rates,  inflation, all that kind of stuff affects  health care rates just like any other company in the market. 17:58 but it also gets as granular as  new medical procedures, new drugs, new generic drugs that are now an option.  It can even go down, you know, locally or regionally to where we get a new CFO in a hospital group and that starts changing the reimbursement rates that they're requesting from the insurance. So we see that where kind of a CFO comes in and they start flexing, making life difficult in a particular region or with a hospital group. 18:28 So all these things are kind of coming together and changing every single day.  Also the fact of the sheer amount of bills,  claims that come through.  So what we see on average,  this is a pretty crazy number, but  what we see on average is 18 claims  per employee per year. Okay, that's a lot.  That's a lot. So if we had just a hundred employees, that'd be 1800. 18:56 basically accounts payable  into the company. And that's part of our job too, because as you might imagine, hospitals make tons of mistakes on the bills, about 80 % of the bills have mistakes.  And then we also have to make sure that those are coming in at fair reimbursement rates to the company, because what hospitals bill is a spectrum for the exact same procedure. And the only difference is the payer. It's not the patient, it's not the complexity, it's not the physician, like it's literally 19:25 just the insurance card that can affect that difference in reimbursement rates. So all these things kind of come together where, yes, it  very much is a daily  task for me and my team on different things that we're working on. And- Are you an advocate in any way for the employees? Yes,  very much. So, you know, it's two, there's two complicated ecosystems at the same time that we're trying to navigate. 19:52 One is certainly the healthcare finance, which is what we're working with the company. But healthcare delivery for employees and members is just as complicated and confusing as far as where do I go? What is this gonna cost? What's the next step? Can I get a second opinion? How would that work? Right? And also helping navigate them to their highest cost or their lowest cost, highest quality and understanding what that is and giving them options to seek care at. 20:21 at lower prices if that's available. Excellent.  So your  delivery platform, is it like a customer success team  that  is assigned solely to that client? How does it work? Yeah, so it's kind of different. every employer is starting at a different place. They also have different ideas of where their end place or where their goal is. 20:49 healthcare delivery, kind of working on some things like that, there might be a couple of different ways we handle it. One might be having a direct  primary care provider. So the idea of a direct  primary care provider is basically same day, next day appointments with your primary care physician  and 30 to 60 minute visit times, not the average, which is seven minutes with a PCP, which is what most people get across the country.  And  with that DPC provider, you can also do things like 21:18 stitches,  blood work, get generic meds. So we're talking about more of a comprehensive service when you actually need it, not  the 14, 18 day  primary care. So that might be one of the ways we help with healthcare delivery.  It might be a nurse concierge where they have a nurse that they can help find providers,  navigate them. That might be a part of it.  So it kind of depends. then also  a lot of the times are 21:47 Our team will basically act as a care coach, where if they have anything going on, they can just call us. We'll help them set appointments, navigate them towards care, help them with their ID problems. Fantastic. Anything else you'd like to share or shed some light on the service offering of ETHOS benefits? So we're going to jump into a legal question in a minute here. 22:13 Yeah, I mean, it always just depends on the employer.  what I would say is generally they find everything we do to be  more comprehensive. And I think that's just the nature of the fact that we're not seeking compensation from the insurance providers or working with the client, because  it's my belief that we don't have a single thing to sell to an employer.  Employers have a health care problem. And we're here to solve that and work through that in any 22:42 way that they need at that given time.  So we're not,  you know, pushing those solutions are having those conflicts.  It's an excellent segue down into  current lawsuits  that are popping up with respect to,  first of all 401k, lawyer, and now healthcare benefits. So before we jump into that some specific cases, you know, for my listeners, what does fiduciary mean? 23:12 in your business model, right? Please. Yeah. So fiduciary for us is certainly always acting in the best interest of those that you represent. It's the highest standard of care.  So you mentioned a couple of things  earlier, loyalty, obedience. I think the biggest thing where companies may think they're acting as a fiduciary and they're not, because while we carry that duty to our employers and our clients, 23:40 Employers have that duty to all of their employees. And that's something that are kind of educating them because a lot of them don't realize it. But  I think the big duty that is  left out or misunderstood is the duty of prudence.  Okay. So did they go far enough in investigating solutions and understanding the problem and working through it and having a committee within the company to kind of help go through that? Because what I mean, in a compensation package, there is nothing more important 24:10 than the cost of health care and the options in health care, right? And how those decisions are being made.  So I see the duty of  prudence being the kind of  most 24:23 I, the duty with the most opportunity, let's say, maybe, maybe the most misunderstood because  the employer sometimes think, well, you know, the broker came in and he showed me one or two other options.  This is the least worst option. Therefore that's what we're doing. And I think that's enough. Right.  And that is not the case.  And it's only until there's a 40 % increase due, right. It doesn't employer say  my business is not sustainable. 24:51 So actually healthcare is what not the number two or number three expense  in the company's PNL today. Correct. Right. So walk me through some of these  recent lawsuits.  Yeah, I think we have companies like J &J and JP Morgan. Speak to me about that. 25:14 Yeah, J. J. J. P. Morgan, Wells Fargo. A lot of them are almost they're copied and in some parts of the complaint,  because it's very much the same thing. the first one we saw was  Lewandowski versus Johnson and Johnson. And this is for their health care plan. You know, they're a Fortune 50 company.  I think they somewhere around 160,000 employees. 25:42 and they have a benefits committee and a benefits team of 16 or 18 people. So a big team of people to help make these decisions, understand them and vet them. And the lawsuit is basically for their decision of pharmacy benefit manager. So a pharmacy benefit manager essentially sets the price for any drugs that employees could get within the plan. And it lays out 35 or so specific examples of drugs 26:12 but basically they agreed to pay  up to  13,000 times  the cost of the drug that's available, just cash pay.  employee and employer funds are agreeing to pay that kind of multiple on a drug that's available without insurance, much, much cheaper.  And the  lawsuit is brought by the plaintiffs, who are they? 26:40 am Lewandowski. So she's she's the plaintiff. And then I believe as it's developed, other employees have kind of came on. So 13,000 was it do you know, I know that you're not directly involved in this case. Nor should you speak to it if that is the case. But is the transparency of the data? Can you get that data if you were an employee to then understand the 27:09 multiples that your employer plan has agreed to pay to the pharmacy benefit. I'm aghast. 13, I think the number is 13,226. So when this came out last January, the first thing I did is I read through the whole complaint. It was like 130 pages went through all these. So for all the drugs that were mentioned, I ran 27:40 J &J's prices, again, Fortune 50, 150, 160,000 employees. So you would assume they're getting leveraged prices, they're making great decisions, all those kinds of things. I ran those prices against what my clients were paying. And in the smallest, like I think our smallest in my book of business, like 100 insured employees somewhere around there, they were paying 94 % less. 28:06 for the same, for one fill of all the same drugs. So the math worked out to be like 135,000 for J &J for one fill of each of those. And my clients were like 3000 or 4000, don't know, it's all my LinkedIn. posted the public letter as soon as it came out. But I basically price referenced them. So it's not a question of leverage or buying power, know, all the ridiculous things you hear. 28:34 when you're talking to  an insurance broker for these types of decisions,  it's literally, it comes down to that question of prudence. Like,  how did you vet these decisions?  Do you know how the pharmacy benefit manager is getting paid? Do you know what these drug benchmarks are against the cash price?  And that's  where I think this lawsuit is gonna be a slam dunk. Like, there is no reason for a company that size with that big of a benefits committee to hire such a conflicted PBM, is what they call it. 29:04 You heard it here on the founder sandbox. So stay tuned for  any other  lawsuits that are  worthy of mention. Do all of them? Are they all related to the pharmacy benefit manager conundrum?  There's there's all kinds of lawsuits. I think the PBMs are the lowest hanging fruit because it's so easy to benchmark. But certainly the same arguments exist with  hospital reimbursement rates. 29:33 And we're starting to see those as well. Excellent. Well, thank you  for sharing  a bit more  details on  the  recent,  I guess,  health care benefits in the news, right? Lawsuits.  Going to get a little bit technical here. 29:57 because you allowed me to.  the framework of the CAA of 2020 and 2021, that's the minimum set of standards for activities to benchmark health care plans.  And so  what are they?  Because it then leads into  some of the common sense strategies  that employers can deploy immediately.  So can you walk? Because this is just as yesterday, it's actually during the pandemic. What's the CAA? 30:27 of 2020, 2021. Thank you. Yeah. So that's the interesting part of this. So the reason I said a decade ago, over a decade ago, I was waiting for these health care lawsuits to happen. It's because Arissa has always stated that  employers have this fiduciary responsibility, just like they had with  401k. The problem has been, and the reason these lawsuits didn't come sooner, is that health insurance companies  make this data hard to access. 30:56 different carriers were released different amounts.  And there was no set of compliance standards for employers to understand this is how I go about making it, making these decisions and benchmarking these decisions, right? Like  it was all just too vague, too opaque. The data was too gagged and withheld from the employers.  So the starting point of how do I know I'm being prudent or not, that's kind of what wasn't known prior to the  CAA of 2021. 31:27 So  the CAA  basically defined a set of minimum standards  that you have to do to even pretend like you're being a prudent fiduciary for your healthcare plan. So there's four things, but there's three main things. I'll mention the fourth thing as well, because there's funny stuff about that.  So the first one  should be the most obvious, and  it's kind of our founding story, which is understanding 31:53 your broker compensation before you enter into any arrangement or agreement for your upcoming plan. So that should not only be how much,  it should be when, what type of bonus is there. If you're looking at carrier A, B, and C, really what it says is you should know what is their compensation for carrier A, B, and C before you make an arrangement, because they will be different. And that will change the recommendation, the advice, the conversation that you're having with that broker. 32:23 is critical. That is so critical. And  in reading these transparency commission  disclosures from  brokers, it is wild, the stuff that they put in there and how conflicted their advice is.  One of them that I looked at last week said, broker acknowledges that their parent company has equity in the insurance carriers that they're recommending. Oh my gosh. So they're essentially saying, 32:52 We are an insurance company that's going to bias our recommendations to the own companies we have equity in. It's like, that's no longer a party you should take advice from, right? 33:07 Okay, so that's part one.  Yeah, no, this is this is  and you know,  I without it's gonna get too technical because the gag clause and  the prescription DC reporting so that you know, basically CAA has provided the set of benchmarks, right, which  you need to at least checkmark right before you actually do. 33:35 engage or decide on your employer benefit plan.  Yeah. To be in compliance with your fiduciary duty, particularly that of prudence. Yeah.  Yeah. And I think companies shouldn't look at as a checkmark. I think if they apply it with a good faith effort, they'll see like, oh,  it's not compliance. This is a framework  for making better decisions.  Right.  And that's what it's meant to do. It's meant to say, 34:05 Know your compensation, know your drug benchmarks,  and  eliminate any gag clauses to your data because you need your data to make decisions. So I think if companies make a faith effort, they'll automatically get better outcomes. That's the way here. Excellent. Well, thank you, Donovan. I want to give me this time to actually  speak about  how to contact you,  your company. But more importantly, 34:34 There is  you're hosting a webinar on August 14, which is right around the corner. Can you  give us some more details?  The details will be in the show notes,  but speak to the event that ethos benefits is hosting on August 14 2025. Thanks. Yeah, thank  you.  Yeah. So on the 14th, we're doing a fiduciary workshop masterclass, which is basically understanding what your 35:03 what your duties are, how to get through them, how to navigate them, how to have this framework for decision making and document that process as well. And it's all geared towards just achieving those better outcomes for your company, eliminating any of these risks and really creating positive results for your people. Excellent. And any information with respect to how to reach out to you beyond the- Yeah, sorry. the registration is on a banner on the top of our 35:33 on our homepage. So ethos benefits.com. If you connect with me on LinkedIn, LinkedIn,  Donovan, ragas, you can find it there as well.  Great. Well, I'm coming to the  part of my podcast, which  brings us back to the sandbox.  In my work, I'm all about working with purpose driven, scalable, and resilient companies. 36:00 And so I ask my guest, what is the meaning of each of those terms? What does purpose mean to you? 36:08 Purpose, what does it mean to you? That's such a big question that you can go a lot away from. You know, I feel like purpose should be almost like a hidden driver. It's almost not like a well-considered thing. It's just kind of driving you forward.  I think our purpose  is progress,  right? Like if something can be done better, it should be and just kind of moving forward with that. 36:35 We're trying to move one company at a time, but also the industry and better outcomes  for the country. 36:43 And that good feel factor when you get up in the morning and know that you're doing good, right? Yeah, absolutely. Let's just sleep well at night. Right? Yes. Amazing. How about resilience? You did share with me off  camera that yeah, while you abandoned the financials,  advisory role, it took almost five years, right to really find product market fit, right  and build this because it's a very unknown right industry. 37:12 unknown service within a very, very  complex industry, right? Yeah. So resilience for you, what does that mean?  Yeah, I think you're right. You know, it took us a while because we were sharing such a wildly different message than what people were hearing from their brokers. And sometimes they look at you and be like, well, you're small, they're big, that must mean they're right, right.  So I think resilience is being able to go from 37:42 failure to failure without any loss in energy, right? So when something doesn't go your way and you have an obstacle, an outcome that is less than desired, it's about being able to push on still without losing any of your optimism or energy. And that's all we do. So. Thank you for what you do. And scalable. What does scalable mean? 38:07 Scalable is certainly about having an actual documented process. I think when you're getting into something new as a company or a new system or procedure process, if it's not something that everybody in the company could repeat in the same way that I do, just inherently the way I do it because of my background and education, if it's not repeatable for everybody and everybody doesn't understand the purpose for those steps, 38:36 the outcomes from those steps, like the end result, it's definitely not gonna be scalable. Thank you. Final question. Did you have fun on the sandbox today? I did. Thank you so much for having  me. Thank you, Donovan.  So to my listeners, if you liked this episode with Donovan Rikas from Ethos Benefits,  sign up for the monthly release of founders, business owners, corporate directors, and professional service providers that share their experiences. 39:06 and how to build with strong governance a resilient, scalable, and purpose-driven company to make profits for good. Signing off for this month, thank you very much. Have a great day.  

Join Mark at Credit Union Conversation today as we talk to Todd Stauffer, a seasoned relationship manager in the world of credit unions, about his career journey and insights on business lending and financial services. With years of experience working with credit unions and big banks, Todd shares his unique perspective on what drives success in the industry and how relationship managers can build strong business relationships. From discussing the differences between big banks and credit unions to sharing his favorite summer activities, Todd offers a wealth of knowledge and entertaining stories. Tune in for an engaging conversation that explores the world of credit unions and business lending.IN THIS EPISODE:(00:00) Intro: Meet Todd Stauffer(01:34) Todd's early career experience in finance(04:23) Todd discusses the impact of Wells Fargo shutting down its Financial division(06:37) Todd Stauffer's experience working with South Carolina Federal Credit Union.(09:55) Working with big banks vs. credit unions(12:00) Working with credit unions allows access to decision-makers and a personalized approach to serving members(14:08) How to connect with Todd Stauffer and other credit union professionals at MBFSKEY TAKEAWAYS: Credit union culture and values are distinct from big banks, with a focus on serving members and communities. Todd Stauffer shared his experience working with both big banks and credit unions, highlighting the differences in product management, decision-making, and community involvement.Emphasizing business lending expertise within credit unions, relationship managers like Todd play a key role in managing commercial portfolios, supporting local communities, and offering personalized service. This approach stands in contrast to the big bank experience, underlining the advantage credit unions offer in building direct connections and providing tailored loans and financial solutions.Community involvement is essential for credit unions to understand the needs of their members and provide effective solutions. Todd Stauffer's work with credit unions and his involvement in local communities highlight the importance of building relationships and trust with members and community leaders.RESOURCE LINKSMark Ritter - WebsiteMark Ritter - LinkedInTodd Stauffer - LinkedInKEYWORDS: Credit Union, MBFS, Todd, Stauffer, Lending, Business, Loans, Relationship, Manager, Credit Unions, Business Lending, Community Involvement, Financial Services, Member Service, Pittsburgh, Community, Members, Finance, Portfolio, Commercial

In this episode, my guest is Dr. Michael Kilgard, PhD, a professor of neuroscience at the University of Texas at Dallas and a leading expert on neuroplasticity and learning across the lifespan. We discuss the need for alertness, effortful focus, post-learning reflection and sleep to induce neuroplasticity, and how dopamine, acetylcholine, serotonin and norepinephrine are each involved. He explains the behavioral steps for neuroplasticity, as well as vagal nerve stimulation (VNS) and other therapies for tinnitus, stroke, depression, PTSD and paralysis. This episode ought to be of use to anyone interested in understanding the modern science of brain rewiring and learning to improve cognitive or motor skills or treat sensory or motor disorders. Read the episode show notes at hubermanlab.com. Thank you to our sponsors AG1: https://drinkag1.com/huberman Eight Sleep: https://eightsleep.com/huberman Wealthfront*: https://wealthfront.com/huberman Carbon: https://joincarbon.com/huberman Function: https://functionhealth.com/huberman *This experience may not be representative of the experience of other clients of Wealthfront, and there is no guarantee that all clients will have similar experiences. Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC. The Annual Percentage Yield (“APY”) on cash deposits as of December 27,‬ 2024, is representative, subject to change, and requires no minimum. Funds in the Cash Account are swept to partner banks where they earn the variable‭ APY. Promo terms and FDIC coverage conditions apply. Same-day withdrawal or instant payment transfers may be limited by destination institutions, daily transaction caps, and by participating entities such as Wells Fargo, the RTP® Network, and FedNow® Service. New Cash Account deposits are subject to a 2-4 day holding period before becoming available for transfer. Timestamps (00:00) Michael Kilgard (03:24) Neuroplasticity (05:13) Child vs Adult Plasticity, Childhood Development & Learning (09:37) Sponsors: Eight Sleep & Wealthfront (12:41) Kids, Real vs Artificial Experiences & Balance, Video Games, Natural World (21:13) Social Media & Videos, Kids, Overstimulation & Development (33:42) Early Language Development, Passive vs Real Experiences, Kids & Adults (39:23) Sponsors: AG1 & Carbon (42:44) Learning & Plasticity Requirements; Focus, Friction, Rest & Reflection (52:24) Brain Connections, Complexity, Life Experiences & Plasticity (1:02:51) Learning, Reflection, Visualization, Testing (1:09:45) Experience Diversity & Time, Happiness, Life Appreciation (1:18:05) Sponsor: Function (1:19:53) Learning & Life Meaning (1:23:25) Neuromodulators, Brain Complexity, Synaptic Eligibility Trace & Learning (1:34:28) Synapses, Therapy for PTSD, Rewiring the Brain (1:39:01) Vagus Nerve Stimulation (VNS), Stroke, Spinal Cord Injury, Tinnitus, PTSD (1:47:33) Psychedelics, Neurostimulation, Importance of Timing (1:57:47) Electroconvulsive Therapy (ECT) & Major Depression (2:01:51) Psychedelics/SSRIs as Plasticity Tools, SSRIs & Bone Strength, Failed Clinical Trials (2:13:18) Can VNS Accelerate Learning? (2:16:01) VNS Surgery, Patient Use & Specificity, Closed-Loop Vagus Nerve Stimulation (2:18:18) Tinnitus Cause, Incidence & Self-Amplification; PTSD & Control (2:28:12) VNS for Tinnitus; Disease Complexity & Treatments, Lazy Eye (2:41:05) Complexity of Disease Treatments & Combination Therapies (2:48:50) Brain-Machine Interfaces, Information & Experiences; Closed-Loop Feedback; Resilience (2:59:09) Evolving Clinical Trials, Combination Treatments & Disease Complexity (3:05:21) Acknowledgements (3:07:04) Zero-Cost Support, YouTube, Spotify & Apple Follow & Reviews, Sponsors, YouTube Feedback, Protocols Book, Social Media, Neural Network Newsletter Disclaimer & Disclosures Learn more about your ad choices. Visit megaphone.fm/adchoices

328: From Proposals to Partnerships: What Funders Really Want (Whitney Feld)SUMMARYSpecial thanks to Armstrong McGuire for bringing these conversations to life, and for their commitment to strengthening leadership throughout nonprofit organizations. Learn more at ArmstrongMcGuire.com. What if the best way to secure funding is to stop writing proposals and start building relationships? In episode #328 of Your Path to Nonprofit Leadership, foundation president Whitney Feld offers a fresh perspective on what funders really want. She unpacks the power of bold, relational philanthropy, where trust, humility, and partnership drive investment. She explores why funders are shifting away from transactional models, how to articulate catalytic impact, and why investing in talent is as important as investing in programs. Whitney also addresses the potential of AI in philanthropy, the importance of vulnerability with funders, and the rising tide of collaborative giving. Nonprofit leaders will leave this episode inspired and better equipped to build lasting, transformational funder relationships.ABOUT WHITNEYWhitney Feld is the inaugural president of the Bissell Ballantyne Legacy Foundation (BBLF), a private family foundation established by Smoky and Margaret Bissell. She leads BBLF's grant making across health, human services, and education in Charlotte-Mecklenburg, having built the foundation's strategic and governance framework from the ground up. Previously, Feld served in regulatory relations at Wells Fargo and spent six years at Foundation For The Carolinas, where she led divisions including Planned Giving and Family Office Partners. She advised FFTC's most complex donors on philanthropy, legacy planning, and multi-generational engagement. A former special education teacher in Brooklyn, Feld is a passionate advocate for nonprofits, serving on several local boards. She holds degrees from Miami University (BA), Pace University (M.Ed), and Charleston School of Law (JD), and is licensed to practice law in North Carolina.EPISODE TOPICS & RESOURCESReady for your next leadership opportunity? Visit our partners at Armstrong McGuireA Choice of Weapons by Gordon ParksBillions of Drops in Millions of Buckets by Steven H. GoldbergWant to chat leadership 24/7?  Go to delphi.ai/pattonmcdowellHave you gotten Patton's book Your Path to Nonprofit Leadership: Seven Keys to Advancing Your Career in the Philanthropic Sector – Now available on Audible

#240: Transferring points is one of the best ways to maximize your points, so today we share the top airline and hotel transfer partners. We also cover strategies to get the most out of your points, including how to leverage transfer bonuses, identify sweet spots, avoid common mistakes, and more. Greg Davis-Kean is the founder of Frequent Miler, a blog dedicated to helping people maximize their travel rewards and loyalty programs, mostly without flying. He is also the host of the Frequent Miler on the Air podcast. Link to Full Show Notes: https://chrishutchins.com/top-transfer-partners-greg-frequent-miler Partner Deals Thrive Market: 30% off your first order of organic groceries + a free $60 gift Vuori: 20% off the most comfortable performance apparel I've ever worn LMNT: ⁠Free sample pack of my favorite electrolyte drink mix NetSuite: Free KPI checklist to upgrade your business performance OpenPhone: 20% off the first 6 months of your own business phone system For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Greg Davis-Kean: Frequent Miler | Newsletter | Podcast Frequent Miler Resources Current Transfer Bonuses How to Save Miles by Flying More How to book EVA Air Infinity MileageLands awards How to book Vacasa Vacation Rentals with Wyndham points Flight Award Search Tools PointsYeah AwardTool ($20 off annual plans with code ALLTHEHACKS) ATH Podcast Airline/Hotel Transfer Partner Spreadsheet Ep #166: Best Award Search Tools for Booking Flights with Points & Miles with Greg the Frequent Miler Ep #167: Best Tools for Booking Hotels with Points & Miles with Greg the Frequent Miler Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@allthehacks.com Full Show Notes (00:00) Introduction (01:00) Outsized Value from Transferring Points (02:27) Quick Episode Overview (08:21) Why Emirates First Class Is a Coveted Experience (14:07) Air Canada's Aeroplan Program (17:51) Maximizing Transfer Bonuses (19:17) Getting Value from the Virgin Atlantic Flying Club (25:29) Sweet Spot for Virgin Atlantic (32:49) Using Air France-KLM Flying Blue for Business Class Flights (39:09) Leveraging Avios Points (44:09) Avios Sweet Spots and Places to Avoid (49:44) Emirates, Singapore Airlines, and Cathay Pacific (55:44) Is the Avianca LifeMiles Program Worth It? (59:30) JetBlue's Transfer Partners (1:01:44) Southwest Airlines (1:04:39) Aeromexico (1:04:52) Qantas and Turkish Airlines (1:06:43) Booking Flights via United (1:09:26) EVA Air Program for Flights to Asia (1:11:18) Uses for ANA (1:12:45) TAP Air and Thai Airways (1:13:21) Why Greg Loves Alaska Miles (1:15:31) Difference Between Airline Miles vs. Hotel Points (1:16:37) Using Hyatt Points (1:18:07) Getting Value from Wyndham, IHG, and Hilton (1:21:11) The Marriott Bonvoy Program (1:21:40) Booking Hotels with Citi ThankYou Points (1:23:28) Leader's Club (1:25:10) Wells Fargo and Accor Points (1:25:58) Why You Should Set Up Your Award Programs in Advance (1:27:47) Is It Possible to Reverse Transfers? (1:28:56) Where to Find Greg and Frequent Miler Resources Connect with Chris Newsletter | Membership | X | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this conversation, Aaron Montgomery shares his journey from an introverted individual in inbound sales at Wells Fargo to a successful sales leader in various industries, including door-to-door sales and robotics. He emphasizes the importance of personal growth, the lessons learned from door-to-door sales, and the significance of building a diverse and motivated sales team. Aaron discusses the balance between freedom and scarcity as motivators for sales reps, the necessity of confidence in sales, and the importance of setting realistic expectations. He also highlights the value of curiosity and coachability in sales, the need for developing future leaders, and the vision for growth in the robotics industry.We hope you enjoyed this episode. Like, comment, and subscribe to never miss a new episode of Field Sales Unscripted! Connect with Wesleyne on LinkedIn https://www.linkedin.com/in/wesleyne/Discover how Transformed Sales helps field sales teams grow from the inside out by shifting mindsets and building lasting skills. Visit transformedsales.com to learn more.Serious about shifting your sales team's performance?Book your 30-minute call and get the clarity and strategy you've been missing. https://calendly.com/transformedsales/30-min-sales-strategy-callConnect with Wesleyne on LinkedIn https://www.linkedin.com/in/wesleyne/Discover how Transformed Sales helps field sales teams grow from the inside out by shifting mindsets and building lasting skills. Visit transformedsales.com to learn more.Serious about shifting your sales team's performance?Book your 30-minute call and get the clarity and strategy you've been missing. https://calendly.com/transformedsales/30-min-sales-strategy-call#fieldsales #salesleadership #mentorship #salescoaching #careerdevelopment #professionalgrowth #salesperformance #salesstrategy #leadershipmindset #timemanagement #accountability #remoteteams #salessuccess #teambuilding #personalgrowth #salestips #motivation #resilience #coachingculture #salesmanagementField Sales Unscripted, presented by Wesleyne Whittaker, is a podcast for ambitious sales professionals, frontline leaders, and field sales managers who want real, practical conversations about what it takes to succeed in today's sales environment. Each episode explores personal career journeys, tactical selling strategies, and the mindsets that drive high performance. From mentorship and leadership to time management and team development, the show delivers actionable insights to help you grow personally and professionally - no fluff, just straight talk. Whether you're leading a team, building client relationships, or navigating change, this is your go-to resource for field sales success.

Check the episode transcript hereABOUT BRAD JOHNSONBrad is the Founder and CIO of Evergreen Capital. Brad has 20 years of experience investing in both traditional and alternative asset classes with a primary focus on high-cash-flowing assets. Brad is also a Partner of Vintage Capital, which focuses primarily on mobile home park investments. Previously, Brad worked as a real estate private equity operator. Early in his career, Brad worked at Wells Fargo's real estate investment bank and held various investment positions with private equity firms. Brad has closed over $3.3 billion in commercial real estate acquisitions over the course of his career.   THIS TOPIC IN A NUTSHELL: From investment banking to private equityBecoming an owner/operator Manufactured housing as a niche Advantages & Resilience of Affordable Housing Operational Challenges of Managing Underperforming ParksHaving the right market, occupancy levels, and management teamEvergreen Capital's three primary verticalsShift Toward Debt InvestmentsMinimizing downside risk vs. chasing 10x returnsLong-term compounding and Short-term capital gains Open-ended investment structures Connect with Brad  KEY QUOTE: “Real estate isn't about hitting home runs. It's about consistently hitting doubles while protecting your downside.”  ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.     The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.   #ManufacturedHousing #AffordableHousingCrisis #RealEstateInvesting #PrivateEquity #GPStakes #CommercialRealEstateDebt #MobileHomeParks #AlternativeInvestments #HardAssets #AssetAllocation #InvestmentBanking #CashFlowInvestments #RiskAdjustedReturns #LongTermHold #TaxEfficientInvesting #EvergreenCapital #DebtInvesting #RealEstatePortfolio #LimitedPartner #GPInvestor #PassiveIncome #CashFlowRealEstate #BuildWealth #WealthPreservation #EconomicResilience #RealAssets #CompoundGrowth #FinancialFreedom #LegacyWealth #RecessionResistant  CONNECT WITH BRAD:Website: https://www.evergreencap.com LinkedIn: https://www.linkedin.com/in/bradleyjohnson Interested in Mobile Home Parks? Check this out: https://vintage-funds.com    CONNECT WITH US   For more information about investing with AJ and Chris:  ·    Uptown Syndication | https://www.uptownsyndication.com/  ·    LinkedIn | https://www.linkedin.com/company/71673294/admin/   For information on Portland Property Management:  ·    Uptown Properties | http://www.uptownpm.com  ·    Youtube | @UptownProperties     Westside Investors Network  ·    Website | https://www.westsideinvestorsnetwork.com/  ·    Twitter | https://twitter.com/WIN_pdx  ·    Instagram | @westsideinvestorsnetwork  ·    LinkedIn | https://www.linkedin.com/groups/13949165/  ·    Facebook | @WestsideInvestorsNetwork  ·    Tiktok| @WestsideInvestorsNetwork  ·    Youtube | @WestsideInvestorsNetwork  

DAMION1In our 'Treaty Talks Begin With Bold New Commitment to Avoid Commitment: Delegates agree to form a task force to consider considering action and then unite to Say 'Plastic Is Bad'—Then Go Back to Their Plastic-Filled Hotels' headline of the week. Here's what to watch for at this month's global plastics treaty talksNegotiators from more than 170 countries are arriving in Geneva, Switzerland, this week to resume discussions over the United Nations plastics treaty, eight months after they missed their original deadline for finalizing the pact. Many delegates, advocacy groups, and U.N. officials are hopeful that the 10-day session will result in a final agreement that delivers on the U.N.'s objective to “end plastic pollution.” But progress has been slow at each of the five preceding sessions, in large part due to a consensus-based decision-making structure that has allowed oil-producing countries to obstruct progress. In our 'Hey Ma, the dude who got his BA at Haverford College which costs $93,600 and received his JD from Stanford is mansplaining about elite colleges, can you grab my water bottle and my red lawn chair?!' headline of the week. Palantir CEO Alex Karp takes a shot at elite colleges and says the company offers 'a new credential independent of class In our 'It's better off helping people without formal biology expertise design or recreate biological threats like toxins or pathogens' headline of the week. OpenAI says ChatGPT shouldn't tell you to break up with someone In our 'What an asshole! The next thing he'll probably do is call out other banks for breaking their climate pledges ' headline of the week. Banking CEO breaks from the pack on return to office. He goes in 4 days a week but leaves the rest up to the ‘adults' he works withStandard Chartered CEO Bill Winters In our 'Citizen Journalist Robbie Starbuck and The National Legal and Policy Center prepare shareholder proposal calling out Microsoft and asking “What about MEN'S ovaries? This is woke biology gone too far.”' headline of the week. Gates Foundation is giving $2.5 billion to fund women's health researchMATT1In our '8Ks revealed that Charlie Scharf, Wells Fargo's CEO, was awarded $30m to open his mindspace, Steven Hemsley at UnitedHealth was given $60M to center his chi, and Goldman's CEO DJ DSol got $80m to attune his crystals and align his money aura.' headline of the week. Tesla Grants Musk $29 Billion in Stock to Keep ‘Elon's Energies Focused'In our 'Specifically, the part where they ran someone over' headline of the week. Jury Says Tesla Was Partly to Blame for Fatal CrashIn our 'Reports suggested the awning was made of cybertruck trim, the tables were actually crashed robotaxis, and the chicken wings were made from old Nazi bathroom graffiti' headline of the week. Tesla Diner Patio Covering Collapses, Smashes Mother on Head and Barely Misses BabyIn our 'Retention awards for "continued leadership"? Or pay for focus? Pay to show up? Pay for "energy"? Relocation pay for my sister's cousin's condo in Ottawa? ' headline of the week. 2025 CEO PrioritiesAdapt to changing external environments and regulatory landscapeManage growth and investment amid current fiscal outlookCreate a resilient supply chainAccess to talent and workforceArticulate a vision for an AI and tech-enabled enterprisesEmbrace opportunities for personalized consumer experiencesUnderstand the changing environmental challengesShape the leadership teamArticulate Vision and strategy, and tell your story as a leaderDrive performanceEnsure proper governance processesCollaborate with the boardOptimize organizational structureAlign communicationsSatisfy shareholders and stakeholdersBuild the cultureNavigate geopolitical uncertaintyIn our 'If you can't tell your kid with a fever of 102 to suck it up and fuck off, maybe this company isn't for you' headline of the week. 5 things the AT&T CEO's sweeping memo says about where corporate America is headedHis name is John Stankey"If a self-directed, virtual, or hybrid work schedule is essential for you to manage your career aspirations and life challenges, you will have a difficult time aligning your priorities with those of the company and the culture we aim to establish," Stankey wrote.DAMION2In our 'I refuse to celebrate until we reach 7.3%' headline of the week. The share of female CEOs running Global 500 companies hits a record high of 6.6% In our 'Houston American Energy Corp. announces that finally the phrase “Let's hear what she thinks” can be said in the boardroom without an immediately ironic chuckle, now it can be an authentic condescending chuckle' headline of the week. Houston American Energy Corp. Appoints Martha J. Crawford to Board of DirectorsIn our 'Great, when he's done creating a practical application of cold fusion, could he explain why anyone would buy a Cybertuck, have him finish my daughter's algebra homework, and then share the wisdom behind Intel's stock price being down 22% from the day he started as Intel CEO?' headline of the week. Jim Cramer on Intel CEO: “He Totally Understands Everything” In our 'After a nice brunch, they went to the aquarium and then to a poetry reading' headline of the week. Mary McDowell Joins Zebra Technologies Board of Directors In our 'They named him Peter Semple, after their great grandfather, and then chained him to his desk ' headline of the week. Depop names permanent CEOMATT2 In our 'US companies give investors a break from voting NO on every shareholder proposal this year' headline of the week. US companies deny record number of shareholder votesAverage vote for ESG proposal: 20%. Average vote against ESG proposal: 80%.In our 'Please don't say suicidal ideation, aggression, reality detachment, and hallucinations, please don't say suicidal ideation, aggression, reality detachment, and hallucinations, please don't say suicidal ideation, aggression, reality detachment, and hallucinations...' headline of the week. A New Paper Just Found Something Horrifying About Kids Who Get Phones Early in LifeChief scientist Tara Thiagarajan found that among the more than 100,000 18-to-24-year-olds whose outcomes they tracked, those who got phones when they were younger experienced more suicidal ideation, aggression, reality detachment, and hallucinations as they aged.In our 'Man leaves gym and goes to Wendy's to get fit' headline of the week. Barclays leaves Net Zero Banking Alliance to combat climate changeIf you want to prove your commitment to transitioning Barclays, feel free to use our data to vote out every director that underperforms on climate!In our 'Olive Garden appoints car mechanic as executive chef' headline of the week. Harley-Davidson board appoints Topgolf executive as next CEOArtie Starrs has been golf CEO, Pizza Hut CEO, is on a non profit board that helps underprivileged children, got an economics degree from Princeton, and he enjoys hiking, playing golf, listening to live music. He sounds exactly like someone who rides a Harley.In our 'SOMEONE IS ACTUALLY FIGHTING. And of course it's a female founder.' headline of the week. A long-running anti-DEI lawsuit could help companies defend themselves from reverse-racism claimsElizabeth Gore of Hello Alice is fighting Stephen Miller's AFL lawsuit brought on behalf of a white trucker in Ohio who says they didn't get a shot at a grant that went to someone black - and Gore is winning because it's all a fucking jokeMeanwhile, Brown, Harvard, Colombia and the high priced Ivies are folding like cowardsReach out to Hello Alice or Gore, offer help or support, join the service, because somewhere there is someone fighting bullshitFigma IPO QUIZThe Figma IPOFigma founder and CEO Dylan FieldWhat percentage of shares does he actually own in the company?17%What is total voting power?74%How many votes per share are magical Class B shares worth?15 votes per shareWhat percentage of Class B shares does Dylan control?99%There are 5 executive officers and 10 directors, how many are women?2 (directors)Who is the chair of the Figma board?CEO and founder and controlling shareholder Dylan FieldHow many friendships with Peter Thiel does Dylan Field have?1How many college degrees does Dylan Field have?0Where did Dylan Field drop out of?BrownWho paid Dylan Field to drop out of college?Peter ThielIn addition to his shareholdings, how much is Dylan Field due to receive if the stock price hits $130 (it already was over $124)$2B in equityWhich CEO's pay package was Dylan Field's pay package modeled after?Elon MuskHow many years does Dylan Field have to reach that stock price hurdle?10How old is this very rich college dropout?33In response to a question about how he was going to change the world, what did Dylan Field say?He was going to build better software for drones.Then I'm guessing Figma must truly benefit humanity if this guy is so rich, what does Figma do exactly?Figma is a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration,[3] utilizing a variety of vector graphics editor and prototyping tools.

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Tiffany Bussey. Director of the Morehouse Innovation and Entrepreneurship Center (MIEC). Here are some key highlights and themes from the conversation:

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Tiffany Bussey. Director of the Morehouse Innovation and Entrepreneurship Center (MIEC). Here are some key highlights and themes from the conversation:

Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Tiffany Bussey. Director of the Morehouse Innovation and Entrepreneurship Center (MIEC). Here are some key highlights and themes from the conversation:

In this episode of The President's Daily Brief: China imposes exit bans on a U.S. Commerce Department official and a Wells Fargo banker, a provocative escalation in its standoff with Washington. Stephen Yates from the Heritage Foundation joins us to explain what Beijing's move signals—and what the U.S. response could be. Shocking reports out of Syria as government forces under interim president Al-Jolani are accused of massacring over 1,100 Druze civilians. Israeli-Druze journalist and former Knesset member Gadeer Mreeh shares her perspective on the targeted violence—and why Israel chose to intervene. To listen to the show ad-free, become a premium member of The President's Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief DeleteMe: Visit https://joindeleteme.com/BRIEF & Get 20% off your DeleteMe plan. American Financing: Call American Financing today to find out how customers are saving an avg of $800/mo. 866-885-1881 or visit https://www.AmericanFinancing.net/PDB - NMLS 182334, https://nmlsconsumeraccess.org TriTails Premium Beef: Visit https://trybeef.com/pdb & get $10 off 20 Lbs Ground Beef Special Learn more about your ad choices. Visit megaphone.fm/adchoices

To save more, it's important to tackle the “monthlies” - those bills that come due month after month. Today, Clark discusses how the cable monopoly is weakening and now you have more affordable choices for home internet. Also, a big monster mega bank with a lengthy rap sheet, formerly referred to by Clark as “criminal enterprise posing as a bank”  - seems to have emerged from the dark side.   Save On Home Internet: Segment 1 Ask Clark: Segment 2 Wells Fargo's New Start: Segment 3 Ask Clark: Segment 4 Mentioned on the show: ⁠ Internet Price War: Why Now Is a Good Time To Threaten To Cancel ⁠How To Find the Best Deal on Cheap Internet Service in 4 Steps⁠ ⁠Internet Archives - Clark Howard⁠ ⁠Understanding Home Equity Agreements⁠ ⁠What Is an Annuity, and Why Does Clark Think They Stink?⁠ You Won't Believe What Clark Howard Says About Wells Fargo Now ⁠Should You Make Your Child an Authorized User on Your Credit Card?⁠ ⁠Authorized User vs. Joint Account Holder: Understanding the Difference for Credit Cards⁠ ⁠18 of the Best High-Yield Online Savings Accounts in July 2025⁠ ⁠How To Open a Roth IRA ⁠ Clark.com resources Episode transcripts Community.Clark.com  /  Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices