Steve Hamoen and Theo Darringer discuss Theo's journey into investing, including his early start and key productivity tips. They delve into Theo's investment strategy, economic analysis, and the role of AI in investment and cloud computing. The episode explores understanding ETFs and mutual funds, using personal knowledge as an investment edge, and event-driven investment strategies. They also cover AI and stock analysis at Omega Trades, aspirations and advice for young entrepreneurs, and use a gumball machine business analogy to illustrate investment concepts. The episode concludes with inspirational thoughts.

I took 100% shareholder control of the firm in July, 2023. We have since expanded into European and Asian markets, offering investors outperforming stock picks globally.

(0:00) Introduction and The Journey into Investing

(2:07) Theo Deringer's Early Start in Investing

(6:07) Time Management and Productivity Tips

(9:31) Theo's Investment Strategy and Economic Analysis

(15:15) The Role of AI in Investment and Cloud Computing

(16:56) Understanding ETFs and Mutual Funds

(24:51) Using Personal Knowledge as an Investment Edge

(25:02) Event-Driven Investment Strategies

(27:15) AI and Stock Analysis at Omega Trades

(30:05) Aspirations and Advice for Young Entrepreneurs

(33:45) The Gumball Machine Business Analogy

(34:53) Conclusion and Inspirational Thoughts

Steve Hamoen hosts Joe Killinger to delve into commercial real estate. They discuss Joe's background, mentorship's role, and continuous education to tackle industry challenges. The episode compares residential and commercial real estate, effective cold calling, and team strategies. Joe reflects on his early training mistakes and evolving methods, highlighting the importance of open culture. They cover marketing value, long-term planning, agent differentiation, managing talent, and commission structures. Joe shares insights on asset classes and preparing for future opportunities, concluding with the importance of a success mindset and giving back to the industry.

(0:00) Introduction and the biggest mistake in commercial real estate

(0:33) Introduction of guest Joe Killinger

(1:28) Joe's background and the importance of mentorship in real estate

(4:02) Joe's approach to training and continuous education

(6:14) Transitioning challenges and opportunities in commercial real estate

(10:31) Comparing residential to commercial real estate

(13:00) Effective cold calling and team preparation strategies

(17:04) Joe's early training mistakes and adapting training methods

(19:18) Creating an open culture and balancing productivity

(22:18) Marketing value and long-term planning

(25:19) Differentiating hungry from starving agents and leadership styles

(28:21) Managing uncoachable talent and commission structures

(31:18) Lessons from rapid brokerage expansion and CRM benefits

(37:21) Preparing for future opportunities in commercial real estate

(39:29) Asset classes and single tenant net lease deals insights

(43:59) Future regrets and staying client-focused

(45:28) Building business mindsets and reading market metrics

(48:18) Importance of on-site visits and executing strategies

(49:34) Growing pains in business and finding the right team

(50:56) Success mindset and leveraging social media

(54:24) Giving back to the industry and closing thoughts

Steve Hamoen is joined by Helia Oghani to discuss the significance of stepping out of comfort zones and balancing high performance with well-being. They explore the differences between the law of attraction and the law of vibration, sharing personal anecdotes about hard work and mindset. The conversation delves into the power of belief, subconscious programming, and the role of mindset in athletic success. They emphasize questioning personal beliefs to understand true potential and handling job transitions positively. The episode examines the limits of positive thinking, approaches to hard work, and the importance of gratitude, offering practical advice for managing overwhelm and retaining control in lifestyle choices.

(0:00) Introduction and the importance of stepping out of your comfort zone

(0:27) Introduction of guest Helia Ogani

(1:39) Balancing high performance with personal well-being

(3:23) The law of attraction vs the law of vibration

(5:27) Personal anecdotes on hard work and mindset

(7:47) The power of belief and subconscious programming

(10:06) The role of mindset in athletic success and embracing discomfort

(14:22) Questioning personal beliefs and understanding true potential

(19:56) Handling job loss and transitions with a positive mindset

(23:37) Exploring the limits of positive thinking and the pursuit of fulfillment

(28:54) Approaches to hard work, creativity, and stability

(32:25) Individual differences and retaining control in lifestyle choices

(35:24) Practical advice for feeling overwhelmed and the importance of gratitude

Steve Hamoen and Ann McNeill delve into the transformative power of masterminds, starting with Ann's initial experience and insights from "Think and Grow Rich." They tackle challenges and myths, stressing the importance of selecting the right members and expert involvement. The episode covers strategy development, consistency, personal accountability, and group goals. Anne underscores documenting goals across life areas and building habits for saving and investing. They discuss desire versus why in financial goal setting, creating mastermind groups, and integrating them within families. Topics like estate planning, legacy masterminds, managing expenses, and running a family like a business are explored, concluding with the role of dreams in masterminding.

(0:00) Introduction of Anne McNeil and the importance of masterminds

(1:15) Anne's first mastermind experience and principles from "Think and Grow Rich"

(4:07) Overcoming challenges and myths about masterminds

(7:24) Selecting the right mastermind members and the role of experts

(10:22) Developing strategy, action plans, and maintaining consistency

(16:38) Personal accountability challenges and group goals

(20:23) The significance of documentation and writing goals for life areas

(24:34) Building habits with savings, investing, and the power of big dreams

(29:10) Understanding desire vs. why in goal setting for financial success

(32:14) How to choose and create the right mastermind group

(35:16) Creating and growing NABWIC and financial masterminds within families

(46:07) Estate planning, legacy masterminds, and the power of compound interest

(53:06) Managing unnecessary expenses and family investment clubs

(55:25) Running a family like a business and the one rule of masterminding

(56:30) The importance of having a dream and closing remarks

Steve Hamoen and Phil M Jones explore the evolution and significance of practice in persuasive communication, emphasizing principles over mechanics to create curiosity. Phil shares his career journey and highlights the power of language and specific techniques for positive communication outcomes. They discuss curiosity gaps, common phrases, and establishing useful truths. The conversation shifts to the role of AI in sales and marketing, including content generation and research enhancement. They stress the importance of context and ethical communication. The episode concludes with insights into Phil's vision for "Exactly What to Say 2.0," the significance of research, and effective AI use in business.

(0:00) Importance and evolution of practice in persuasive communication

(1:28) Introduction of guest Phil M Jones

(4:04) Principles over mechanics in communication and creating curiosity

(7:54) Practice as a competitive edge in business

(10:33) Phil M Jones's career journey and the power of language

(14:20) Language techniques for positive communication outcomes

(18:01) Curiosity gaps and demystifying common phrases

(20:20) Establishing useful truths in communication

(26:25) The role of AI in sales and marketing

(30:29) AI content generation and its applications

(35:08) AI for research and enhancing practice in sales

(38:37) Importance of context and ethical communication in sales

(42:39) Certification, next steps, and book insights

(46:24) Vision for "Exactly What to Say 2.0" and research importance

(50:07) Closing thoughts and the role of research in sales mastery

(51:06) Effective use of AI in business and podcast outro

Join Steve Hamoen and Andrea Pacini as they delve into the evolving world of communication. Discover Warren Buffett's insights on public speaking and the importance of passion and perseverance. Explore strategies for effective presentations, overcoming failures, and honing sales skills for early career professionals. Learn about the curse of knowledge, audience understanding, and adapting communication in the AI era. The episode emphasizes mastering skills through training, the importance of fundamentals under stress, and adapting presentations for virtual settings. Gain insights on simplifying messages, the role of rehearsal, and building confidence in everyday communication.

(0:00) The evolving tools and principles of communication

(1:28) Warren Buffett's advice on public speaking and its impact

(3:04) Communicating with passion and perseverance

(6:22) Strategies for effective presentations and overcoming failures

(12:01) Sales skills and business advice for early career professionals

(14:52) The curse of knowledge and understanding your audience

(22:14) Adapting communication in the age of AI

(25:02) The unchanging principles of communication and AI's role

(27:09) Mastering skills through training and repetition

(30:00) The significance of fundamentals in high-stress performance

(32:20) Adapting presentations for virtual and hybrid environments

(39:34) Simplifying messages with the "What, So What, What's Next?" framework

(45:05) The importance of rehearsal and human elements in storytelling

(49:44) Building confidence and the impact of effective communication

(51:14) Everyday applications of communication skills and closing thoughts

Steve Hamoen and Sandy MacKay delve into the mindset required to overcome self-doubt in real estate investing, emphasizing the need to treat each property as a business with robust systems. They discuss the importance of team development for scaling and achieving freedom, highlighting lessons learned in property management. The episode explores setting ambitious goals and seeking advice to transition from high-paying jobs. They underscore building a team aligned with vision and growth, stressing the importance of massive action and personal growth. The conversation touches on hiring strategies, the dynamics of ownership versus renting, and the philosophy of happiness, concluding with insights on leveraging in real estate business.

(0:00) Overcoming self-doubt and the mindset for successful real estate investing

(1:35) Treating each property as a business and the importance of systems

(5:26) Scaling through team development and the journey to freedom

(10:02) Significance of good systems and learning from mistakes in property management

(16:01) Setting big goals and seeking proper advice to replace a high-paying job

(21:06) Building a team for vision and growth and the importance of massive action

(26:05) Experiencing breakthroughs and addressing business truths

(31:02) Emphasizing personal growth, delegation, and hiring strategies

(35:02) Ownership vs. renting in business processes and the philosophy of happiness

(37:56) Running a real estate business with leverage and upcoming content

In this episode, Steve Hamoen and Christian Brim delve into the essentials of profit and business sustainability. They explore overcoming limiting money beliefs and the importance of divergent thinking in entrepreneurship. The discussion covers the principles of the Profit First methodology, highlighting the dangers of prioritizing revenue over profit. They address financial challenges faced by creatives and emphasize starting a profit habit. Key topics include financial literacy, managing operational variability, and consistent accounting. The episode also touches on traits of successful entrepreneurs, the significance of a financial safety net, and strategies for transitioning from a scarcity to a profit planning mindset.

(0:00) Introduction to Profit and Business Sustainability

(3:26) Overcoming Limiting Money Beliefs

(5:28) The Role of Divergent Thinking in Entrepreneurship

(6:55) Principles of Profit First for Entrepreneurs

(10:17) The Danger of Revenue Focus Over Profit

(13:11) Financial Challenges Specific to Creatives

(16:22) Starting a Profit Habit and Maintaining Financial Agency

(19:56) Financial Literacy as a Foundation for Profitability

(21:59) The Relationship Between Gross Margin, Pricing, and Profit

(25:14) Introducing Profit First Methodology and Accounting Practices

(29:09) Managing Operational Variability and Real Revenue Insights

(34:45) Consistent Accounting and Value-Based Pricing Strategies

(40:03) Lifetime Value and Customer Acquisition in Pricing

(43:02) Transitioning from Scarcity to Profit Planning Mindset

(45:10) Learning from Profit First Implementation Challenges

(46:00) Traits and Behaviors of Successful Entrepreneurs

(47:43) The Profit First Christmas Vault Strategy

(49:02) The Importance of a Financial Safety Net

(52:05) Achieving a Stress-Free Financial Mindset

(55:07) Decision Making on Cutting Losses

(56:14) Embracing Fear and Bravery in Business Growth

Steve Hamoen and Anita Woodward discuss the differences between entrepreneurs and business owners, focusing on balancing tasks and overcoming the common issue of being perpetually busy. They explore the Pareto principle's role in task management and delve into effective delegation, emphasizing the importance of building systems and measuring success through KPIs. The conversation covers hiring considerations, comparing internal employees to external virtual assistants, and implementing a structured hiring process. They also discuss the pros and cons of hiring domestic versus overseas virtual assistants and the significance of understanding both seen and unseen business processes.

(0:00) Introduction and the difference between entrepreneurs and business owners

(0:57) Common issues with being busy and hiring help

(2:58) Utilizing the Pareto principle to balance tasks

(6:42) Steps to effective delegation and building systems

(9:43) Measuring delegation success with KPIs

(10:20) Hiring considerations: Internal employees vs. external VAs

(12:49) Implementing a hiring process

(13:10) Hiring domestic vs. overseas VAs

(15:17) Understanding seen vs. unseen business processes

(16:13) Closing remarks and contact information

Steve Hamoen and Shaneka Shaw Taylor into the legal enforceability of contracts, emphasizing proactive measures for business preparedness. They discuss the roles of key contract players and the importance of clear payment clauses. The conversation covers the nuances of contract language, settlement options versus trials, and post-judgment collection challenges. They highlight potential pitfalls in contract renewal, including auto-renewal and vendor protections, and stress the need for comprehensive dispute resolution mechanisms. The episode also examines the risks associated with AI-generated legal documents and the importance of balanced termination clauses. Shaneka concludes with insights on contract jurisdiction.

(0:00) Introduction of Shannika and Legal Enforceability of Contracts

(2:13) Proactive Legal Measures and Business Preparedness

(4:04) Key Contract Players and Essential Payment Clauses

(7:43) Contract Language and Settlements vs. Trial

(10:58) Post-Judgment Collection Challenges

(14:25) Clear Payment Clauses and Contract Renewal Pitfalls

(17:40) Auto-Renewal and Vendor Protections

(21:16) Comprehensive Dispute Resolution Mechanisms

(25:12) Entire Agreement Clause and AI Legal Document Risks

(33:55) Balanced Termination Clauses and Enforceability

(40:06) Drafting Effective Dispute Resolution Clauses and Jurisdiction

(45:20) Conclusion with Shannika on Contract Jurisdiction

(46:16) Closing Remarks and Podcast Sign-off