Payback Time

My next guest is a podcaster, coach, and consultant.  He currently runs a business called New Inceptions which helps entrepreneurs automate and scale their business.  Are you a solopreneur who wants to develop a lifestyle business?  Are you a mechanic who wants a little more passive income?  Are you a doctor that works around the clock?  There are solutions for all the above.  Please welcome JC Preston.

LinkedIn:  https://www.linkedin.com/in/jcpreston/

My next guest is the CEO of Passive, a portfolio management tool for online brokers. The platform specifically allows investors to rebalance their portfolio with just a click of a button.  Some of the key features include goal tracking where you can set your goals and track your progress. One-click trades to save yourself the hassle of logging into your broker. Portfolio drift notifications that send you alerts when your portfolio falls out of alignment. And finally performance reporting where you can keep track of your portfolio performance contributions, and more. In this episode we learn his background and how he created this business. Please welcome Brendan Lee Young.

LinkedIn:  https://www.linkedin.com/in/brendanleeyoung/

Are you paying yourself last or first?  Many small business owners see profit as an afterthought - it’s whatever you see on your tax return after your accountant works their magic. But what if there was a way to turn a profit without completely changing how you run your business?  My next guest is known as the Profit Answer Man.  He empowers small business owners to understand and systematize the numbers so you can enjoy the fruits of their labor.  Please welcome Rocky Lalvani.

LinkedIn:  https://www.linkedin.com/in/rocky-lalvani/

My next guest has been in real estate for almost 30 years. His experience ranges from constructing new homes in the ’90s and owning a Realty Executive Franchise to running his own real estate investments.  Today, he runs a real estate investment business with his family team, which purchases 2-5 properties monthly.  Having been through several real estate cycles, he understands the challenges of this business and helps students navigate the constantly changing real estate waters.  He is also a 3-time best-selling author and the host of The Smart Real Estate Coach Podcast.  Please welcome Chris Prefontaine.

LinkedIn: https://www.linkedin.com/in/chrisprefontaine/

Imagine working so much and one day your own child wouldn't hug you when came home from work. This only happened once to trigger a change.

LinkedIn: https://www.linkedin.com/in/ryan-staley

Imagine having to smuggle liquor into your country as a means to generate cash flow?  The stress between getting caught and sent to jail or spending another day starving will leave a lasting impact on anyone.  Being raised in poverty stricken neighborhoods of Poland, my next guest learned how to hustle at the young age of 7.

At age 10 his parents migrated to the US and in order to make ends meet, they worked 3 - 4 minimum wage jobs around the clock.  He quickly learned that working a job should only be temporary.  To truly get ahead, you need to own assets especially assets that produce ongoing cash flow.

He’s owned and operated several ventures throughout his professional career but today he owns an agency that helps market online courses.  In this episode he talks about the do’s and don’t of course creation, why you shouldn’t listen to online marketers, and why the information age is dead. He also emphasises the importance of product/market/educator fit.  In other words, if someone is going to create a successful online course they need to not only find product/market fit but they have to truly be the right teacher for the job or they won’t generate any sales.  Please welcome Tim Libelt.

Website:  https://smartbrandmarketing.com

Do you want to start a business but don’t know where to start?

Do you want to know which businesses are in demand?

Do you want a roadmap for success prepared for you in advance?

The good news is, you don’t have to look far.

My next guest is a franchise consultant who helps entrepreneurs find the right business in the right geographic location.  There are always franchise opportunities available such as water and fire damage restoration, fitness, hair care, commercial cleaning, insurance, hotels, and more.  Starting a business can be difficult but when you do the right homework up front and have the right systems already put in place, your probability for success is greatly increased.  Please welcome Giuseppe Grammatico.

Website:  https://ggthefranchiseguide.com

Imagine moving to one of the most expensive cities in the US with over $120K in student loan debt and no income lined up.  Talk about a leap of faith.

My next guest and his wife began their professional career after college, serving a non-profit.  They knew they couldn’t rely solely on the non-profit to pay down the debt which means they had to buckle down on their expenses and work side jobs.

After years of following Dave Ramsey’s “snowball method” and paying off about half of the debt, they discovered they had really nothing to show for their hard work and sacrifice.  Although they were paying off debt, on the flip side, they weren’t saving for retirement.

At that point, their mentor introduced him and his wife to a concept known as “bank on yourself”.  He then discovered an investment vehicle with three important criteria:

He and his wife used this product to quickly pay off their debt and put themselves on the fast track to saving and investing.

Now today, they run a financial planning practice where they help clients pay off debt and take financial control of their future.  Please welcome Mark Willis.

Website:  https://lakegrowth.com

What is the 1% rule and why does it matter?

In this episode, my next guest simplifies residential real estate by the numbers. If you were ever curious to know the key metrics to focus on with residential real estate investing, this episode is for you.

He served in the German Air Force and eventually moved to San Diego where he’s been serving as a program manager. Over the years he’s invested in real estate all over the US to create financial freedom. He talks about the mathematics of residential real estate investing, what parts of the US you should focus on, and how to scale your real estate investing business.

Please welcome Axel Meierhoefer.

Website:  https://idealwealthgrower.com

My next guest has been an entrepreneur pretty much his entire life.  In grade school he was selling Dragon Ball Z graphics to his friends. In middle school and high school, he was selling electronics on eBay.  By the time he reached college he knew we wanted to become an attorney so before he graduated with a Law Degree, he put out educational videos, to build an audience.

Although the entrepreneurial DNA is strong with this guy, he did something unexpected after graduation.  He went to work for a law firm so he could learn how NOT to run a law practice, how NOT to lead employees, and how NOT to manage client expectations.

One key topic we talk about on this episode is the importance of hiring great people and that paying more up-front can actually save you money in the long run.

Today he owns a fast growing personal injury law practice with 21 employees and he has his sights set on growing that firm to 100 employees by the end of 2021.  Please welcome, Ali Awad.

Website:  https://aliawadlaw.com