What’s Kenner French Thinking!

Jeff Lenning has built a successful business by leveraging his expertise in Excel and teaching others how to use it efficiently. He started by using Excel to streamline his own accounting processes and then wrote articles and books to help others. Now, he has a membership platform where he provides online Excel training.

Kenner and Jeff discuss the transition from trading time for dollars to passive income and the importance of building an email list. Jeff emphasizes the value of teaching people how to use Excel rather than just providing templates, and he offers a free Excel newsletter and course to attract potential members.

Takeaways

• Excel can be a powerful tool for increasing efficiency in business processes.

• Transitioning from trading time for dollars to passive income requires building an email list and nurturing relationships with prospects.

• Teaching people how to use Excel is more valuable than providing templates, as it empowers them to customize and maintain their own workbooks.

• Automation and business process optimization are key components of building a successful online business.

• Building a membership platform allows for recurring revenue and scalability.

• Email marketing is a powerful tool for communicating with prospects and customers.

• Providing value and building trust over time is essential for converting prospects into paying customers.

• Hands-on learning and practical exercises are more effective than passive video instruction.

• Efficient business processes can be achieved by integrating various tools and applications

• Building a community and offering different levels of membership can cater to different customer needs and budgets.

Sound Bites

• This dude, Jeff Lending, has totally figured it out and more than anything, he's figured it out in a way that's completely helped his business.

• I take the skill of using Excel to then help other people use it, not only just like in person, like trading dollars for hours, but now it's this membership kind of a platform, correct?

• We're trying to do the same thing. Actually it's being launched as we speak. So I'm very interested personally. And also I think a lot of our people could be taking advantage of what you're doing in their industry.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Nicole Espinosa, also known as the Short Sale Queen, discusses the concept of short sales and how investors can profit from them. Short sales are an exit strategy for investors who are marketing to leads without equity. It involves purchasing a property from a homeowner who is in pre-foreclosure or foreclosure and owes more than the house is worth. The investor buys the property through the bank, allowing the homeowner to walk away free and clear.

Nicole explains that she works with three avatars: homeowners in need of help, realtors who don't know how to process short sales, and real estate investors who want to expand their opportunities. She offers training and coaching to help agents and investors navigate the short sale process. She emphasizes the importance of providing value and building a strong reputation in the industry.

Takeaways

• Short sales are a valuable exit strategy for investors who are marketing to leads without equity.

• Investors can purchase properties from homeowners in pre-foreclosure or foreclosure who owe more than the house is worth.

• Nicole Espinosa works with homeowners, realtors, and real estate investors to navigate the short sale process.

• Providing value and building a strong reputation are crucial in the real estate industry.

Sound Bites

• The short sale queen.

• Short sales are leads that you're already marketing to, but you're walking away from because it doesn't have equity.

• We charge the lender our fees, so the investor's not paying us, nor is the seller.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Dr. Mary Anderson, a family nurse practitioner and artist manager, shares her journey of combining her passion for music and medicine. She discusses her background growing up, her decision to pursue a career in healthcare, and her eventual return to the music industry.

Dr. Mary emphasizes the importance of following your passion, networking, and staying organized as an entrepreneur. She also touches on the use of technology, such as AI, in the music industry and the value of financial management for entrepreneurs.

Takeaways

• Follow your passion and let it shine in your work.

• Networking and building connections are crucial for success in any industry.

• Technology, such as AI, can be both beneficial and controversial in the music industry.

• Financial management is essential for entrepreneurs to succeed.

• Having a strong team can contribute to your success as an entrepreneur.

Sound Bites

• If you love what you do, you never work a day in your life.

• Networking is important in any business to make connections and trade services.

• Thinking outside the box and doing podcasts from different locations can attract new viewers and listeners.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Kenner French discusses the current state of the AI market, emphasizing the dominance of Microsoft and Google. He explores the implications of their control over AI technology and the potential future landscape, including the role of open source and regulatory measures.

The conversation highlights the importance of understanding who controls AI and the impact on businesses and consumers.

Takeaways

• AI is revolutionary and will change businesses.

• Microsoft and Google are the primary controllers of AI.

• Open source AI lacks safety parameters.

• Regulation will likely favor Microsoft and Google.

•The future of AI control is uncertain.

• Consumers may have limited choices in AI providers.

• Understanding AI control is crucial for entrepreneurs.

• AI technology impacts daily life significantly.

•The marketplace may impose some safety measures.

• The conversation around AI regulation is ongoing.

Sound Bites

• Microsoft controls the AI market and Google.

• Everyone else is a splinter group.

• Google and Microsoft are providing value in AI.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

This conversation discusses tax-free investing and ways to make money on a tax-free basis. Kenner explains the importance of tax advantage investing and retirement income that you cannot outlive. He discusses the need for a rate of return that allows you to live for a long time without running out of money and the impact of taxes on retirement income.

The conversation also explores different types of life insurance policies and their benefits, as well as the advantages of annuity investing. He provides strategies for tax-free and tax-deferred income and emphasizes the importance of consulting with professionals to optimize your financial situation.

Takeaways

• Tax advantage investing is important for retirement income that you cannot outlive.

• Consider different types of life insurance policies and their benefits for tax-free investing.

• Annuity investing can provide guaranteed income for retirement.

• Consult with professionals, such as CPAs and financial advisors, to optimize your financial situation.

• Understand the tax strategies and advantages of different investment options.

Sound Bites

• Tax free, tax free, two words that you should love when they're combined to equal tax free.

Sometimes it does make sense because of the tax-free element.

• The government does not tax life insurance death proceeds at all.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Amanda Webster, explains how her company helps entrepreneurs and real estate investors access funding through business credit. They provide education and assistance in building personal and business credit profiles, finding the best lenders, and strategically using credit to fund investments.

Amanda shares success stories of clients who have 10x their businesses and obtained millions in funding. She emphasizes the importance of understanding credit and using it responsibly, as well as the benefits of cashback and rewards programs. Amanda also discusses the process of engagement with Fund and Grow and provides a link for interested individuals to learn more.

Takeaways

• Fund and Grow helps entrepreneurs and real estate investors access funding through business credit.

• Building personal and business credit profiles is crucial for obtaining funding.

• Understanding credit and using it responsibly is key to financial success.

• Cashback and rewards programs can provide additional benefits when using credit.

• Engaging with Fund and Grow involves a dedicated success manager and a step-by-step process to secure funding.

• Fund and Grow has helped clients 10x their businesses and obtain millions in funding.

Sound Bites

• Kids, we got the growlady, Amanda Webster, the growlady, you like that?

• I love you. Holy mackerel. Okay. This is a good start right off the bat

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Shane Carter, a real estate investor, shares his insights and experiences in the industry. He emphasizes the importance of focus and how it has helped him achieve success in his career. He also discusses his diversified real estate fund, which focuses on three asset classes: multifamily, land development, and outdoor hospitality.

Carter explains the different investment strategies and returns associated with each asset class. He also touches on the importance of balance in life and how it contributes to overall fulfillment and success.

Takeaways

• Focus is crucial for success in real estate investing.

• Diversification across different asset classes can provide a blended return and mitigate risk.

• Investing in stable, income-producing assets like multifamily properties can provide a preservation of wealth.

• Land development offers the potential for high total returns, while outdoor hospitality provides cash flow and attractive yields.

• Consider the hyperlocal market conditions and opportunities when investing in specific regions.

• Maintaining balance in all aspects of life, including health, relationships, and spirituality, is essential for long-term fulfillment and success.

Sound Bites

• Focus, right? What do I mean by that? 20 years ago, I was all over the place, right? Like most young entrepreneurs, 30 year olds were not super in touch with who I was as a person, right? I was grinding and spinning my wheels.

• Our investment fund is centered in housing. So what does that mean by that? It's basically got three, it's a three pronged approach. Number one is multifamily.

• The total return play for land development is massive. Depending upon the deal, it's between 30 to 40%. Annualized return.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Colby Jones is an expert in organizing events, particularly cruises and corporate events. He emphasizes the importance of budget and offers his services at the best possible price to ensure the success of the event. He also highlights his ability to secure discounted prices for events, allowing entrepreneurs to make a profit.

He is open to events of all sizes and enjoys a good challenge. Colby's main goal is to add value to every event and provide a seamless experience for attendees. He can be reached through his website and LinkedIn.

Takeaways

• Colby Jones specializes in organizing events, including cruises and corporate events.

• He offers his services at the best possible price to accommodate entrepreneurs' budgets.

• Colby can secure discounted prices for events, allowing entrepreneurs to make a profit.

• He focuses on adding value to every event and providing a seamless experience for attendees.

Sound Bites

• I'm all the above guy. I'm whatever you want travel guy, but there are certain parts where we're totally just unmatched and elite.

• The cheapest, the best that I can make it for you.

We can essentially get the pricing for a lot cheaper than anybody else can find.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Kenner and Bryan Clayton discuss the importance of adopting AI and business automation to stay ahead in today's competitive landscape. He shares his journey from running a traditional landscaping business to building GreenPal, an app that connects homeowners with lawn care services. They emphasize the need to approach AI implementation as an experiment and iterate on different solutions to find the best fit.

They also discuss the benefits of using AI for customer support, matching buyers and sellers, and streamlining manual processes. The conversation highlights the importance of continuously monitoring and improving AI systems to provide a better customer experience.

Takeaways

• Adopting AI and business automation is crucial for staying competitive in today's market.

• Approach AI implementation as an experiment and iterate on different solutions to find the best fit for your business.

• AI can be used to streamline customer support, matching buyers and sellers, and automate manual processes.

• Continuously monitor and improve AI systems to provide a better customer experience.

• Don't be afraid to delegate tasks to AI, but be cautious about sharing proprietary information.

• Invest in building a comprehensive knowledge base and leverage AI to provide thorough and efficient responses to customer queries.

Sound Bites

• Green Pal is a 10 year overnight success in building this app for over a decade.

• You have to monitor, you have to inspect what you expect.

We were able to cut that by 80%.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!

Kenner French of VastSolutionsGroup.com shares three tax hacks for real estate investors. The three hacks discussed are: 1) utilizing a defined benefit plan to lower tax liability, 2) taking advantage of R&D tax credits for artificial intelligence investments, and 3) setting up a captive insurance company for risk mitigation and tax benefits.

These hacks can help real estate investors save money legally, morally, and ethically. Kenner also mentions the availability of a free book, 'Entrepreneurs Manifesto,' which contains smart financial advice.

Takeaways

• Utilizing a defined benefit plan can lower tax liability for real estate investors, especially if they have no employees.

• R&D tax credits can be obtained for investments in artificial intelligence, providing a dollar-for-dollar tax credit.

• Setting up a captive insurance company can offer tax deductions and allow for better management of funds.

• These tax hacks can help real estate investors save money legally, morally, and ethically.

• A free book, 'Entrepreneurs Manifesto,' containing smart financial advice is available by emailing [email protected].

Sound Bites

• I have three tax hacks for real estate investors.

• Defined benefit plans may lower your prior year's tax return.

• R&D tax credits. Oh my gosh. Especially nowadays, everyone's doing artificial intelligence.

If you have any questions in general you can reach our office at:

VastSolutionsGroup.com

Phone: 415-212-8189

Email: [email protected]

Monday-Thursday 8:00 AM – 5:00 PM (Pacific)

Thank you for listening!