Uncommon Wealth Podcast

Often times cutting your own path involves being bold, persistent in the face of difficulty and criticism, and an almost supernature focus. One of the risks in this path, however, is blindness. Oftentimes, we can't see our own risks with the same keen eye we might see it in others. To help, you need that one person in your life who can say anything to you.

In this week's simple step, we're talking about that one person and how important they are to living an uncommon life and not tripping over yourself in the process. Plus, why it can't be your spouse and how you might go about finding that person if you don't already have one. 

Who is your one person? Let us know in the comments. 

Do you act the same way when you're by yourself as you do when others are watching? The root word of integrity is integer, meaning "whole" or not divided. To have integrity is to be whole, not divided between two different versions of yourself no matter who is watching or, often, when no one is.  

The temptations around acting differently when no one is watching touch many aspects of life, including your finances. We talk about how Arron uses the filters of education, family and success to help guide himself and his family in making consistent decisions. Plus, the importance of accountability and honoring your important relationships by acting being consistent and trustworthy.

For more on this topic check out our episode called Financial Infidelity. Any additional tips on how to drive consistency in behavior? Let us know at [email protected]. 

Certainly, with all the fancy computers and smart math folks in the world, there has to be a magic formula out there that balances risk and returns and gets the best investment returns out there for everyone, right? Even if there was such a thing (and we'll discuss modern portfolio theory out of the gate), there is a common variable that makes makes the math inadequate: You. 

Yes, humans are an unpredictable bucket of erratic of behavior who can spoil even the most prudent and successful investing theory. That's why it's important to factor in human behavior when making with, sticking to, and bailing from investment decisions. This week we'll talk about the behavioral investor theory and the things humans are prone to that can poison their own well, including having a confirmation bias, holding on to losers too long, taking on excessive risk due to overconfidence, and many more. 

To learn more about our philosophy, check out uncommonwealth.com, listen to the back episodes of this podcast, or shoot us an email at [email protected]. 

With less than $10,000 in the bank – credit card debt up to his eyeballs, credit scores in the toilet, and his wife pregnant with their first child, Caleb Walsh thought this was the perfect time to buy an $800,000 multi-unit property! This could have been another 99 Homes story (where huge numbers of people got underwater on their mortgage) but Caleb turned it into a story of going from zero to 500 doors.

On this episode of the Uncommon Wealth Podcast, hosts Phillip and Bryan talk with Caleb Walsh.

Caleb Walsh is a leading authority in affordable housing with portfolios spanning over 1,500 units in six states. He resides in Tampa, Florida with his wife Denise and their two children, Lincoln and Noelle. He's an economy of scale advocate, and his story involves jumping from five units to 500 units in a short amount of time.

Listen in and get ready for a spirited conversation. You’ll hear about Caleb’s mistakes and triumphs – and how he persisted until he reached his goals.

What you’ll learn about in this episode:

• How to leverage credit instead of letting debt leverage you
• The value of going all in – making your side hustle the main thing
• Lessons learned from trying to flip homes at the epicenter of a downturn
• How to hold on to a crazy, grandiose idea
• Why establishing passive income can take “sleep is optional” amounts of energy. No such thing as easy money.
• How to capitalize on an investment that brings in a solid return.
• Building economies of scale for even bigger returns
• Going public with goals in order to build in accountability around those goals.
• Creating public momentum increases opportunity through others buying into your vision

Managing your retirement accounts starts with the basics: have a number, know what it'll take to get there, and have a way to know whether you're progressing as expected. In this Simple Step, we're talking about that process, wanting more than "set it and forget it", and letting the math of it all be your friend. 

Need help in this area? Hit us up at [email protected]. 

You've taken the leap from golden handcuffs to working for yourself. It's day one, what do you do? If you're Kristi Krayneski, you make a list of all the folks you think you can help, maybe panic for a moment, then get to work. 

This week we're talking with Kristi, Business Strategy Consultant and Coach with Envision Success, about the transition from the C-Suite to coaching. We'll discuss the key things that encouraged her as she made the leap, how teaming up with someone can help you hit the ground running, and the importance of a supportive spouse. Plus, the value of continued coaching and how Kristi's experience and passion can help you move from strategy to execution. 

To learn more visit https://www.envisionsuccessinc.com/

What makes Uncommon Wealth Partners, and the Uncommon Wealth Podcast, uncommon? This week we're spilling the tea on what supports the claim of uncommon in our work. We'll talk wax rings, big bands, refusing to refer, prayer, humility, starting your future with a date night, and taking a team approach. That's not all, but we wouldn't want to spoil the whole show.

For more information about Uncommon Wealth Partners visit uncommonwealth.com. 

The Uncommon Path is rarely a straight one. It's full of twists, turns, difficult decisions and occasionally a few mufflers dragging behind your car. No one knows this more than Paige Witte, Owner of Emerald Benefits and traverser of her own uncommon path. 

In this episode, we talk with Paige about her journey from  radiation therapist to employee benefits broker and business owner, and all the mufflers in between.  We touch on overcoming anxiety before the big leap, how success can bring golden-handcuff offering suitors, planning beyond partnerships and what it's like to have to fire your first employee.  Plus, how sometimes the easiest way to sort through a difficult problem is to just ask your 8 year old. 

For more information on Emerald Benefits go to emerald-benefits.com.

Also, if you've ever been faced with a complicated decision and found simple wisdom in a surprising place, we'd love to hear it! Shoot us an email at [email protected] with your story.  

Let’s be blunt: That phone in your pocket (or more likely your hand) seems like it’s the key to an ever quickening and expanding world. And in some ways, that can be true. But it’s also the key to easy distraction, erratic focus, and the cheapening of your valuable time.

This week, we’re talking about setting limits and boundaries on your technology, and more specifically social media, to protect your best asset: you.

Is this something you’ve struggled with? Or perhaps, overcome? We’d love to hear from you. Send us an email at [email protected] or leave us a comment on our socials (yes, the irony is noted).

When thinking about your lives and careers, have you ever wondered, "Am I Doing This Right?". If so, you're not alone, and interestingly, the answers to this question aren’t unique by your line of work, experience level, or natural abilities. In fact, the kind of advice that can jump start the first ten years of your career turns out to be just as valuable in the last ten.

This week we’re talking with Tony Thelen, Matthew Mitchell and Jeffrey Kappan, authors of “Am I Doing This Right”. We’ll discuss how the pandemic and a couple of chance connections brought these fellas together and the book to life. Plus, the process of taking advice and stories from tons of leaders and thinkers and steeping that down to something practical and tangible, as well as the gifts of being able to impact the lives of others and enjoy the journey that you’re on.

To order the book, go to doingthisrightbooks.com.