The Personal Finance Show

Did you know that it can cost $30,000 to hire someone in the tech industry?

Let’s say you have a company and you want to hire a data scientist or mobile developer. Maybe you’ll pay them a $100,000 salary. Tech recruitment companies could charge you 30% of that first year’s salary to find you the right person.

Why would you pay this much to hire someone? Well, hiring is complicated.

You want to find the right person, but you might not have the network or the resources to do that. You don’t want to waste your time and end up having to settle for whoever’s available, so that’s why recruiters exist. They’re specialists.

Plus, the best people are going to go to the Googles and Microsofts of the world and if you are a small company, they might not even know you exist.

But there’s gotta be a better way than spending $30,000 to hire someone, right?

That’s what Brian Daley thought when he started his new company SmartRefer, which is the first open-source employee referral platform to leverage blockchain technology.

Brian didn’t start out in the recruiting business, or the tech business, but he always had this philosophy of keeping his options open, and constantly building skills and relationships.

Let’s hear Brian’s personal finance story and how his personal philosophy has led him to where he is today.

42 - Ian Clarke

Did you know that it can cost $30,000 to hire someone in the tech industry?

Let’s say you have a company and you want to hire a data scientist or mobile developer. Maybe you’ll pay them a $100,000 salary. Tech recruitment companies could charge you 30% of that first year’s salary to find you the right person.

Why would you pay this much to hire someone? Well, hiring is complicated.

You want to find the right person, but you might not have the network or the resources to do that. You don’t want to waste your time and end up having to settle for whoever’s available, so that’s why recruiters exist. They’re specialists.

Plus, the best people are going to go to the Googles and Microsofts of the world and if you are a small company, they might not even know you exist.

But there’s gotta be a better way than spending $30,000 to hire someone, right?

That’s what Brian Daley thought when he started his new company SmartRefer, which is the first open-source employee referral platform to leverage blockchain technology.

Brian didn’t start out in the recruiting business, or the tech business, but he always had this philosophy of keeping his options open, and constantly building skills and relationships.

Let’s hear Brian’s personal finance story and how his personal philosophy has led him to where he is today.

If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts. It would mean a lot to me and it only takes a few seconds.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week, my guest will be Ian Clarke, former CFO of Maple Leaf Sports and Entertainment and current CFO of the Greater Toronto Airports Authority.

What does a book about quitting smoking have to do with your personal finances?

That’s what I asked my friend Mark Rivard when he told me about his personal finance story.

I know you’re thinking, if you quit smoking, then you save money. Sure that’s part of it, but the money saved on cigarettes is not going to make a huge dent in $20,000 of credit card and student loan debt.

When Mark told me his story, I knew that other people needed to hear it.

You see Mark got a bit too comfortable living off the generosity of others.

We all go through periods like this in our lives. Maybe we’re just figuring things out and a friend or family member helps us get through the low income, or financially difficult times of our life.

But how do you learn to take care of yourself financially, when you’re so used to relying on handouts?

Where does the motivation come from to make a change?

Just because people keep offering you help, doesn’t mean that you should take it.

And this advice also extends to the “help” that credit cards offer you in times of need. Credit cards can often seem like a great tool to fund the life that you want. But they come at a huge cost, which you might not realize until you’re swimming in debt. At that’s the point when you might really need help, but you already used up all of your handouts. What do you do in this situation?

I’m so glad that Mark decided to open up and tell his story. It’s important to hear and I hope that hearing it helps you or someone you know make a positive change.

41 - Brian Daley

What does a book about quitting smoking have to do with your personal finances?

That’s what I asked my friend Mark Rivard when he told me about his personal finance story.

I know you’re thinking, if you quit smoking, then you save money. Sure that’s part of it, but the money saved on cigarettes is not going to make a huge dent in $20,000 of credit card and student loan debt.

When Mark told me his story, I knew that other people needed to hear it.

You see Mark got a bit too comfortable living off the generosity of others.

We all go through periods like this in our lives. Maybe we’re just figuring things out and a friend or family member helps us get through the low income, or financially difficult times of our life.

But how do you learn to take care of yourself financially, when you’re so used to relying on handouts?

Where does the motivation come from to make a change?

Just because people keep offering you help, doesn’t mean that you should take it.

And this advice also extends to the “help” that credit cards offer you in times of need. Credit cards can often seem like a great tool to fund the life that you want. But they come at a huge cost, which you might not realize until you’re swimming in debt. At that’s the point when you might really need help, but you already used up all of your handouts. What do you do in this situation?

I’m so glad that Mark decided to open up and tell his story. It’s important to hear and I hope that hearing it helps you or someone you know make a positive change.

If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts. It would mean a lot to me and it only takes a few seconds.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week, my guest will be Brian Daley, Co-Founder and CEO of a company called SmartRefer.

Tyler Sheff doesn’t believe that real estate is a “get rich quick” investment. His team understands the value of the old saying that “slow and steady wins the race”.

Many people look to real estate as a way to make some quick money, or guaranteed returns.  But it’s way more complicated than that and if you don’t understand what you’re getting into, you can easily lose your shirt, and more, by getting into real estate with a lack of financial intelligence.

Tyler started Cashflow Guys because he knows how challenging it can be to deal with all the pieces of the puzzle.  Tyler is so serious about making sure that you are a good fit with his program that he doesn’t just take anyone as a client.  There are some people that just don’t have the right mindset to get into real estate right now. And if Tyler notices that, he tells them to keep their money and sends them packing.

This isn’t about Tyler making money while others lose money.  His whole business is about connecting the right people and ensuring that everyone involved is successful.

But Tyler didn’t get into real estate until later in life.  Let’s start at the beginning - to a small town called Hamburg, New York.

40 - Mark Rivard

Tyler Sheff doesn’t believe that real estate is a “get rich quick” investment. His team understands the value of the old saying that “slow and steady wins the race”.

Many people look to real estate as a way to make some quick money, or guaranteed returns.  But it’s way more complicated than that and if you don’t understand what you’re getting into, you can easily lose your shirt, and more, by getting into real estate with a lack of financial intelligence.

Tyler started Cashflow Guys because he knows how challenging it can be to deal with all the pieces of the puzzle.  Tyler is so serious about making sure that you are a good fit with his program that he doesn’t just take anyone as a client.  There are some people that just don’t have the right mindset to get into real estate right now. And if Tyler notices that, he tells them to keep their money and sends them packing.

This isn’t about Tyler making money while others lose money.  His whole business is about connecting the right people and ensuring that everyone involved is successful.

But Tyler didn’t get into real estate until later in life.  Let’s start at the beginning - to a small town called Hamburg, New York.

If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts.  It would mean a lot to me and it only takes a few seconds.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week, my guest will be a good friend of mine, Mark Rivard  He has a great personal finance story and I’m excited for you to hear it.

Mark Podolsky buys land from people that don’t want it and sells it to people who do.

He’s done this over 5,000 times since he started in 2001, and he averages a 300% return on every deal. For example, if he buys a parcel of land for $2,500, he would sell it for $10,000, making a $7,500 profit.

As Mark says:

“There are billions of acres of raw land and only a handful of people doing this.”

So he launched The Land Geek to teach others how to:

“Learn the Art of Engineering Geeky Systems that Create, Grow, and Protect Your Cash Flow​.”

When I heard about Mark’s success in land, I had a few questions, and maybe you are wondering these things too:

Who owns land and why do they want to sell it to Mark, and for so little?

Who’s buying this land from Mark and why would they pay 4 times the price?

Why don’t the buyer and seller do this directly? Why do they need Mark to be in the middle?

These and all the other questions you have about buying and selling raw land will be answered by Mark in this episode. But first, let’s hear about Mark’s personal finance story.

Mark, is offering his $97 Passive Income Launch Kit for FREE to listeners of The Personal Finance Show. If you like what you hear in today’s episode, just email [email protected] and mention that you heard Mark on the show and you’ll get the kit for free.

39 -Tyler Sheff

Mark Podolsky buys land from people that don’t want it and sells it to people who do.

He’s done this over 5,000 times since he started in 2001, and he averages a 300% return on every deal. For example, if he buys a parcel of land for $2,500, he would sell it for $10,000, making a $7,500 profit.

As Mark says:

“There are billions of acres of raw land and only a handful of people doing this.”

So he launched The Land Geek to teach others how to:

“Learn the Art of Engineering Geeky Systems that Create, Grow, and Protect Your Cash Flow​.”

When I heard about Mark’s success in land, I had a few questions, and maybe you are wondering these things too:

Who owns land and why do they want to sell it to Mark, and for so little?

Who’s buying this land from Mark and why would they pay 4 times the price?

Why don’t the buyer and seller do this directly? Why do they need Mark to be in the middle?

These and all the other questions you have about buying and selling raw land will be answered by Mark in this episode. But first, let’s hear about Mark’s personal finance story.

Mark, is offering his $97 Passive Income Launch Kit for FREE to listeners of The Personal Finance Show. If you like what you hear in today’s episode, just email [email protected] and mention that you heard Mark on the show and you’ll get the kit for free.

If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts. It would mean a lot to me and it only takes a few seconds.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week’s guest will be Paul Guilbeault co-founder and lead software developer at perfiqt.com

This episode is about the Future of Payments in Canada and around the world.

How do you pay for things today, in your personal and business lives?

Cash, cheque, credit, debit, wire transfers, email money transfers?

Maybe you’re living in the future and pay for everything with your phone.

Have you ever wondered if cash and cheques, aka paper transactions will always be around?  Did you know that 875 million cheques were written in Canada last year?

That might surprise you if you don’t even have a chequebook.  

But many businesses still rely on cheques to make all of their payments.  It provides a paper trail, or audit trail, if you always have the Canada Revenue Agency on your mind.

Will it always be this way?  What does the future of payments hold?

To understand the future, it might help to understand more about how payments are processed today.

In May 2018, I was at the Payments Canada Summit and interviewed 4 people about the future of payments:  

Sue Whitney of Payments Canada - 2:18

Sam Mulligan of Mobeewave - 11:32

Chris Chan of Dwello - 15:44

Laurence Cooke of Nanopay - 30:06

38 - Mark Podolsky

This episode is about the Future of Payments in Canada and around the world.

How do you pay for things today, in your personal and business lives?

Cash, cheque, credit, debit, wire transfers, email money transfers?

Maybe you’re living in the future and pay for everything with your phone.

Have you ever wondered if cash and cheques, aka paper transactions will always be around?  Did you know that 875 million cheques were written in Canada last year?

That might surprise you if you don’t even have a chequebook.  

But many businesses still rely on cheques to make all of their payments.  It provides a paper trail, or audit trail, if you always have the Canada Revenue Agency on your mind.

Will it always be this way?  What does the future of payments hold?

To understand the future, it might help to understand more about how payments are processed today.

In May 2018, I was at the Payments Canada Summit and interviewed 4 people about the future of payments:  

Sue Whitney of Payments Canada - 2:18

Sam Mulligan of Mobeewave - 11:32

Chris Chan of Dwello - 15:44

Laurence Cooke of Nanopay - 30:06

If you liked this episode please subscribe to the podcast on Apple Podcasts or wherever you get your podcasts.  It would mean a lot to me and it only takes a few seconds.

Thanks so much for listening to this episode of The Personal Finance Show.

Next week’s guest will be Mark Podolsky,  aka The Land Geek.