Share The Wealth Show

Did you know that life insurance offers so much more than just death benefits? Most people don’t realize the living benefits that life insurance has to offer! This Flashback Friday Feautured episode - Lesley Batson dives in on how to use life insurance to your benefit. We talk about the misconceptions of life insurance, its benefits, and why you should have it, as well as practical tips to make the most out of it. Lesley Batson launched Rebel Rock Wealth, a strategic financial consulting firm to share wealth-building strategies with independent thinkers. She teaches professionals, investors, and small business owners, the WHOLE truth about money and helps them implement strategies to design, control, and build the wealth style they desire. Lesley is licensed in several states and serves clients across the country. She loves 'Hamilton the Musical', playing golf, downhill skiing, and taking up space on a hot sandy beach. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks ________________________________   [02:31 - 06:05] Who is Lesley Batson? ● How she transitioned to business after 20 years of her career spent in technology ○ Wanting to do something different ● Getting into real estate investing ○ Listening to podcasts ● Infinite banking concept ○ Using life insurance and leveraging it to build personal wealth   [06:23 - 11:01] The Time Value of Money ● Leverage your money while you’re still young ○ Managing tax rates or market crashes ● Understand how the math works in terms of inflation ● Choosing whole life insurance policy over 401K   [11:23 - 15: 41] Leverage Equity in Your Policy ● The differences between loans and withdrawals ○ Limitations on the control of the loan ● Utilizing Roth IRA ○ What you can do with your IRA ○ Uninterrupted Compounding Growth ● You have to pay back the interest each year! ○ Any insurance company will charge you to use their money   [15:41 - 24:22] Life Insurance premiums ● Benefits of a life insurance policy ● The different kinds of life insurance policies that you can utilize ○ Converting from tem convertible policy to life insurance policy ● Choose between leaving your money to your loved ones or to Uncle Sam ○ A benefit of choosing life insurance ○ It is a great alternative to saving in a bank account   Key Quotes “When I think of diversification, I think of you need to have money in pools. The more money you have in savings, that are safe and secure…Where the more money you have in savings, the greater their permission, you have to invest because if that investment goes sideways, at least you still have that pool of money in reserves that money, the cash flow is coming in from those investments.” - Lesley Batson “I feel like that's something that people don't realize you can actually use living benefits of a life insurance company because they only think about the death benefit. - Lesley Batson   Connect with Lesley on LinkedIn https://www.linkedin.com/in/lbatson/ Instagram https://www.instagram.com/rebelrockmoneytalk/ Check out her podcast Rebel Rock Money Talk https://www.rebelrockmoneytalk.com/ Visit her website at https://www.rebelrockwealth.com/ or email her at [email protected]   Let’s get connected! You can find Nicole on LinkedIn

Ep 48 - In this episode, we welcome back Andrew Jessup as he shares how he has been able to use multiple avenues to make money. He explains how he and his business partner Greg earned almost a million dollars in their first 11 months despite having no prior experience. He also dives into how good customer service and strategic partnerships are key for a successful business, as well as the importance of taking calculated risks and learning foundational knowledge before taking the plunge into entrepreneurship. Finally, Andrew gives advice on how to use social media effectively, hosting paint and sip nights, and investing in books that can provide valuable information. Discover the many ways you can make money with Andrew's inspiring story of success!     FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks    [00:00 - 07:15] From Negative Net Worth to Six Figures:

• Currently making monthly money in real estate 
• Worked as a paid magician, DJ, and blackjack dealer/player
• Moved to DC area and started flipping houses with current business partner
• Started JG Atlantic Capital for real estate operations and JG Roofing and Construction for roofing operations
• Made almost a million dollars in gross revenue in 11 months without prior experience 
• Found most contractors lack good salespeople and customer service skills

  [07:16 - 14:25] From W2 to Oil Leases: How One Person Learned to Leverage Multiple Streams of Income

• Greg moved in a different direction and started a tech company, Jess Technologies
• JG Oil and Gas was started on vacation in South America
• Oil leases allow the landowner to get 25% of the money and the leaseholder to get 75% of the money
• JG Oil and Gas was formed as a C corporation to be able to divvy out shares and sell portions of the company
• Shares were sold at a premium, allowing JG Oil and Gas to have $0 out of pocket cost

   [14:26 - 21:47] Andrew's Story: Learn, Implement, and Grow - The Key to Success in Multiple Industries

• Recurring revenue streams are a focus 
• Co-founder and CTO of Capital Energy Solutions, which sets up electric vehicle charging stations across the country
• Working on a product with Jessup Technologies for the gaming industry related to cryptocurrency 
• Network formed from previous organization has led to various successes 
• Education is important, but implementation is key

    [21:48 - 34:20] Closing Segment

• The final questions
• Diversification is for investors who don't know what they're doing
• Wealth means freedom of choice, leaving a legacy, controlling destiny, and having multiple streams of income
• The one thing needed to take business to the next level is up to the individual
• What’s next for Andrew?

    Key Quotes    “Your network is your network.” - Andrew Jessup   “Wealth is having your name on the building, you know, you, you controlling your destiny, having multiple streams of income, having access to pay.” - Andrew Jessup         Connect with Andrew Jessup through theturquoisecup.com, capenergyinc.com, royalfamdjs.com. Follow him on Instagram       Let’s get connected!  You can find Nicole on LinkedIn,

On this Wealth Extraction Episode, Lesley Batson dives in on how does money really works. Lesley Batson launched Rebel Rock Wealth, a strategic financial consulting firm to share wealth-building strategies with independent thinkers. She teaches professionals, investors, and small business owners, the WHOLE truth about money and helps them implement strategies to design, control, and build the wealth style they desire. Lesley is licensed in several states and serves clients across the country. She loves 'Hamilton the Musical', playing golf, downhill skiing, and taking up space on a hot sandy beach. ________________________________   FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicrofamilyinvestingaccelerator ________________________________  

• How does money work
• The time value of money
• Managing tax rates or market crashes
• Understand how the math works in terms of inflation
• Choosing whole life insurance policy over 401K
• Leverage Equity in Your Policy
• The differences between loans and withdrawals
• Limitations on the control of the loan
• Utilizing Roth IRA
• What you can do with your IRA
• Uninterrupted Compounding Growth

  Listen to the full episode here!
https://podcasts.apple.com/us/podcast/your-retirement-account-is-not-your-money/id1622218163?i=1000559835074    Connect with Lesley on LinkedIn https://www.linkedin.com/in/lbatson/ Instagram https://www.instagram.com/rebelrockmo... Check out her podcast Rebel Rock Money Talk https://www.rebelrockmoneytalk.com/ Visit her website at https://www.rebelrockwealth.com/ or email her at [email protected]   Let’s get connected! You can find Nicole on LinkedIn

In our first Flashback Friday Featured episode - get reacquainted with the purpose of the show as our host, Nicole Pendergrass, shares a personal tragedy and her subsequent journey. A journey that led her to discover a financial need in minority communities and ultimately to the creation of this show. She breaks down her ethos on building wealth and what you can look forward to in the other episodes! Tune in and learn how to create wealth that will be sustained and abundant for generations to come!   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks ________________________________   [00:01 - 06:38] What Will You Do When Tragedy Hits? Most people don't have a plan for when life hits them and why it’s too late to prepare when tragedy strikes How a three-day seminar changed Nicole’s life and led her on a journey in pursuit of freedom Nicole’s main motivators and her mother’s hard work have influenced her path to financial freedom [06:39 - 16:44] Turning Finance Mistakes into Finance Lessons Nicole talks about the multiple ventures she started and failed as well as the financial mistakes she’s learned from Discovering house hacking and how that changed everything Despite many mistakes, Nicole persevered and was able to passively invest in larger multifamily syndication How having a mentor benefited her immensely Learning and applying even controversial strategies [16:45 - 19:58] The 3 Pillars of Building Wealth Creating wealth through your job, business, or a side hustle Growing your capital through investing actively or passively Protecting wealth through life insurance policies, estate planning, trust, elder care planning, etc. [19:59 - 23:54] Stay Tuned for More! Why mindset matters more than you may realize! Stay tuned for the awesome guests we’ll have on the show   Key Quotes “The biggest thing is mindset. We really need to think about what we're doing and why we are doing it. Where did that come from – that information or that thought process did we have? Why is that part of our ethos today?” - Nicole Pendergrass   “Self-examination is one of the hardest things to do – You are your own impediment to growing and success… We let certain beliefs hold us back from moving forward because we don't realize that those beliefs are really shackles to our growth.” - Nicole Pendergrass   “Building wealth is not a quick fix. Care about the journey. Don't expect immediate results. But enjoy the journey and you will eventually become the person who you are supposed to be.” - Nicole Pendergrass   ____________________________________________ Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook

Ep 47 - In this episode, we have Andrew Jessup. He is the Vice President and Chief Technology Officer for Capital Energy Solutions. He studied computer science at Rutgers University and brings over 22 years of experience in software engineering, business strategy, and management to Capital Energy. He has an extreme passion for technology and renewable energy and is excited about the future of the EV movement. As a serial entrepreneur, Mr. Jessup brings experience from various industries including construction, tech, real estate, online retail, insurance, and entertainment.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:00 - 07:34] From Video Games to Real Estate

• Grew up in a standard household with a teacher mother and software engineer father
• Father brought home computers and taught him to develop software
• Introduced to video games at an early age
• Entrepreneurial spirit and mindset not from anything parents said or did
• Started the Micro Family Investing Accelerator mentorship program
• Focused on five to 20 unit properties for micro family investing

  [07:35 - 14:32] From Lawn Care to Lockheed Martin: The Journey of Andrew and Mania's Business Success

• Started a lawn care business at age 7/8
• Charged $20 for services and gave neighbor $5
• Saved money from business to buy a car when he turned 17
• Graduated with degree in computer science and math from Rutgers University
• Worked at Lockheed Martin, the world's largest defense contractor
• Joined an organization called Prepaid Legal (now Legal Shield) to sell legal insurance product
• Learned about marketing, sales, and personal development through this organization 
• Investing in personal development is invaluable

   [14:33 - 21:12] Discovering the Benefits of Personal Development and Avoiding Shiny Object Syndrome

• Country Club was a way to gain knowledge from people who were successful without actually knowing them
• Surrounding yourself with people who are where you want to be in the future is important
• Regular activities with friends can be replaced with activities that focus on growth and development
• Commuting for a 9-5 job can be draining and unfulfilling 
• Multiple Streams of Income by Robert Kiyosaki introduced the concept of making money through banks 
• Banks take your money for free and give a poor return 

   [21:13 - 28:18] From Reading a Book to Making $92,000 in One Day: How One Entrepreneur Found Success in His Twenties

• Participated in Legal Shield selling legal insurance memberships
• Learned to be a DJ from reading a book
• Discovered Casino War and won $4,000
• Developed card counting simulator to test strategies
• Made $92,000 in one day playing blackjack professionally 
• Parents were concerned about his lifestyle

   [28:19 - 35:29] Unlocking Your Potential: From Buying Houses to Becoming a Professional Musician and Magician

• Bought several single family homes and used the BRRR strategy (buy, rehab, rent, refinance)
• Moved out at age 27 and wanted real estate income to take care of bills
• Also a professional closeup magician and read books on sleight of hand to help with interpersonal skills
• Uses FORM (family, occupation, recreation, motivation) acronym when talking to people
• Took a personal development course called LA Landmark Education

   [35:30 - 39:17] Closing Segment

• Watch out for part 2 of our conversation with Lee!

    Key Quotes    “You have to run your own race.” - Andrew Jessup  ...

"Live the legacy that you are supposed to be."   In this Wealth Extraction Episode, Nicole shares her ethos on Building Wealth.   Tune in and learn how to create wealth that will be sustained and abundant for generations to come! ________________________________   FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicrofamilyinvestingaccelerator ________________________________   You will learn The 3 Pillars of Building Wealth [00:01 - 00:56] Creating Wealth

1. Through your job, business, or a side hustle to gather more capital for investing
2. W2 , build up and master your expertise

[00:57 - 01:42] Growing Wealth

1. growing capital through investing actively or passively 
2. how to grow your wealth
3. investing strategies
4. investing not only in real estate but to other businesses, in education, and mindset

[01:43 - 00:56] Protecting Wealth

1. through life insurance policies, estate planning, trust, elder care planning, etc.

  Key Quotes   “The biggest thing is mindset. We really need to think about what we're doing and why we are doing it. Where did that come from – that information or that thought process that we have? Why is that part of our ethos today?” - Nicole Pendergrass   “Self-examination is one of the hardest things to do – You are your own impediment to growing and success… We let certain beliefs hold us back from moving forward because we don't realize that those beliefs are really shackles to our growth.” -  Nicole Pendergrass   “Building wealth is not a quick fix. Care about the journey. Don't expect immediate results. But enjoy the journey and you will eventually become the person who you are supposed to be.” - Nicole Pendergrass   Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com   LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here: https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163

Ep 46 - In this episode, we have two inspiring guests, Ade Papoola and Thomas Passante, who have used their own strategies to build businesses and create wealth. Ade Papoola is often regarded as an inventory hound, Ade Popoola has found and moved several million dollars worth of off-market Multi-family real estate over the past 3 years. He is known for his ability to find discounted off–market deals which are very hard to come by. Currently holding active licenses in Ohio and Pennsylvania as a registered nurse, Ade decided to combine his passion for data, marketing, and multi-family investing to create systems and processes that can consistently find off-market multifamily deals across the country. Thomas Passante is the Managing Director. Thomas is able to offer the opportunity to be part of a firm that features a distinguished team in Wealth Management, Insurance and Group Benefits. He takes a unique approach towards building financial strategies for his clients as well as extensive specialized training and development for his financial professionals. Thomas is a Registered Representative dedicated to helping Individuals, families, businesses owners and high net worth real estate professionals develop and achieve financial goals. At National Financial Network, we specialize in complete planning by maximizing each dollar spent and helping clients become world class savers. In Thomas' free time he enjoys playing and watching sports, traveling with friends and family, and spending as much time as possible with his Australian shepherd, Chloe. Registered Representative of Park Avenue Securities, LLC (PAS), Financial Representative of Guardian. CA Insurance License #4168312. World Class saver is a Person who saves at least 15 to 20% of gross income. Through their stories, they emphasize the power of having a positive outlook and pushing past fear in order to reach goals. They discuss how to protect and grow wealth for a legacy for future generations, removing noise and avoiding negative opinions in order to achieve success, and how negative opinions can sometimes come from a place of love. Tune in for helpful tips and advice on achieving success through setting goals, forming positive habits and more!   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:00 - 08:56] Escaping the Racial Wealth Gap: How Minority Professionals Can Achieve Abundance Through Mindset

• Mindset is essential to achieving success
• Need an abundance mindset and to step out of comfort zone
• Guests Ade Papoola and Thomas Passante discuss their journey to building wealth
• Ade Papoola went from Nigeria to the US and started wholesaling in multi-family real estate
• Thomas Passante manages a full service financial firm and has been doing this for 7 years

  [08:57 - 17:27] How to Overcome Noise and Achieve Success: A Guide to Building Confidence and Avoiding Self-Doubt

• Noise from family, friends, and people we meet can be distracting and discouraging
• It is important to have a tunnel vision mindset and avoid the noise
• Mentorship and guidance from someone successful can help you find a short pathway to success
• People who give advice may not have done it before and are trying to protect you in the best way they know how, which may not be the right way
• The biggest noise will be in our own heads, not from others

   [17:28 - 26:56] Overcome Fear and Grow Your Business with Repetition and Mindset Mastery

• Real estate is a great asset class to invest in, especially during a downturn
• Mindset coaching and lectures are important for pushing past comfort zones and setting goals
• Investing in yourself is...

Ep 45 - In this episode, we welcome back Lee Johnson as he discusses the importance of doing thorough background checks and due diligence when vetting potential sponsors and investments, as well as investing with a long-term plan in mind.    ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:00 - 12:35] Building Generational Wealth 

• Preservation of capital is the first rule of the game
• How compound interest can grow 
• Building a portfolio of assets to offset active income with passive income
• Conducting business under an entity (LLC) instead of personal name

  [12:36 - 19:25] Investing in Assets

• Becoming a paper millionaire by investing in assets rather than liquidating them
• Leveraging Hyatt legal plan to set up wills, living trusts, and irrevocable trusts 
• Protecting assets with family office and taking out low interest loans against them

   [19:26 - 24:19] Why Your W2 Today is Your Addiction?

• Breaking addiction to a steady paycheck and benefits
• Why we should execute a goal
• Building up other streams of income for safety net 

   [24:20 - 31:51] Closing Segment

• The final questions
• Diversifying income sources to create a safety net
• Buying real estate (Boardwalk) and adding houses for big payouts when people land on it in Monopoly
• Wealth means being able to call your shots on your own timing 
• Needing a person in marketing to take business to the next level 
• What’s next for Lee?

     Key Quotes    “You have to be doing more than just raising capital in order to be in compliance with the SCC rules.” - Lee Johnson   “The first rule of the game is preservation of capital.” - Lee Johnson       Connect with Lee Johnson through valueinvestmentpartners.com. Follow him on LinkedIn, and Instagram     Let’s get connected!  You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com      LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

Ep 44 - In this episode, we have Lee Johnson. As the Co-Founder and Vice President of Value Investment Partners (VIP), Lee is responsible for implementing strategic methods to grow VIP and help partners grow their wealth using various alternative investment strategies that allow leveraging money and time, conducting and monitoring project due diligence He has been investing in real estate since 2005 through multifamily, private lending and rehabbing residentials properties. His focus now is passive investing through real estate syndications and active multifamily investing.   His current portfolio spans multiple markets around the country – over 2800 units valued at about $334 million. As both an active and passive investor, his approach to business is “Being an investor FIRST” which simply means he only shares investment opportunities that he also invests in himself. He is a driving force for embodying creative use of alternative investment strategies, building generational wealth and empowering people to achieve wealth.    ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [00:00 - 17:06] How He Started in Real Estate

• How watching Carlton Sheets helped him start in Real Estate
• How Sally Maid became an integral part of his life
• How purchasing his first house made it work it for him 
• How he starting flipping houses

  [17:07 - 19:26] Things That The Government Wants You to do

• Why they want you to create jobs
• Why they want you to build housing
• Understanding how income is generated

   [19:27 - 24:32] Meetups or Mentorship Programs?

• Trusting yourself and accelerating your earning potential
• He shares how he uses a checkbook I.R.A
• Why it’s an opportunity to be in a multifamily real estate

   [24:33 - 42:23] How Do People Get Started?

• Why learning is important
• How the real estate bootcamp got him started
• The importance of due diligence 
• Why when you’re investing in as an L.P., you’re collecting cash flow distributions 

  [41:35 - 48:49] Closing Segment 

• Watch out for part 2 of our conversation with Lee!

      Key Quotes    “If you create jobs, you're gonna be in a very good situation.” - Lee Johnson   “if you trust yourself and you put it into a great system, you'll be able to accelerate your earning potential.” - Lee Johnson       Connect with Lee Johnson through valueinvestmentpartners.com. Follow him on LinkedIn, and Instagram     Let’s get connected!  You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com      LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

Ep 43 - In this episode, we have Jamilah N. McCluney. She started Black Wealth Financial after learning some very important money lessons the hard way. Being completely clueless as to how credit cards, mortgages, or 401ks worked, she found herself making horrible money moves and financial decisions, which would ultimately impact her financial future in a very real way. The process of dealing with money is very personal to Jamilah and she often sees a similarity and feels a connection with her clients no matter where they are along their financial path.   She earned a Bachelor of Science degree in Psychology from Howard University and believes that her background in behavioral science helps her understand how people think and feel in regards to their personal debt and finances.  Jamilah's goal is to eliminate her clients' anxiety around money and to proactively and quickly get them out of debt, and on the path to living their best financial lives. She's been dedicated to this pursuit for nearly a decade and sees herself more as a financial coach and strategist. Her action plans are very hands-on and she's not afraid to speak the hard truths and realities when it comes to you and your money.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [1:00 - 15:31] Escaping the Racial Wealth Gap and Building an Abundant Life

• How she started her own business, Black Wealth Financial, after learning some important money lessons the hard way
• How her business focuses on teaching people how to build and protect their wealth through strategies such as buying and selling commercial properties, investing, and diversifying their portfolios
• Why clients should be their own bank, so they can earn their own interest

  [15:32 - 29:37] The Power of Life Insurance

• The benefits of life insurance, including the ability to use it to reduce taxes paid over one's lifetime and to invest in assets that will provide tax advantages
• One of the key benefits of life insurance is that it allows you to borrow against the policy, which can be useful for real estate or other cash-producing investments
• The current market conditions are causing many people to rethink their retirement plans and invest elsewhere

   [29:38 - 41:34] How to Handle When Your Money Goes Down Quickly in the Stock Market

• There are a variety of ways banks can make money from selling life insurance policies
• There are also advanced strategies where people sell off their life insurance and then use the money to invest in other assets, such as real estate or stocks
• Why it is recommended to save 15-20% of one's income to benefit oneself in the long term, whether that be in the form of real estate or other investments

[41:35 - 48:49] Closing Segment 

• The final questions
• Why ignorance will make you miss out on opportunities
• Jamilah shares her strategy in choosing between Baltic Avenue and Boardwalk with the Monopoly game
• What’s next for Jamilah?
• Connect with Jamilah!

      Key Quotes    “To have the ability to pay cash is a flex.” - Jamilah N. McCluney   “The biggest thing you wanna do is grow first yourself.” - Jamilah N. McCluney       Connect with Jamilah N. McCluney through www.GetBlackWealth.com. Follow her on Instagram, and Youtube     Let’s get connected!  You can find Nicole on