Money School Podcast

Ever since the financial crash in 2008, the market has been steadily improving. What does this mean for your business? How should you be acting now, when the market is on a winning spree? On this episode, I simplify market trends using Warren Buffett's famed quote: 'Buy low, sell high, don't lose money.' Consider this: If you knew in a predictable way that the market was going to go up and down every 7-10 years, would it impact your decision to sell? -Chris Naugle 3 Things We Learned There are predictable patterns Just by looking at the S&P Inflation Historical Composite graph, it's easy to pick up the pattern. Every 5-10 years, the market shifts. However, while the market drops incredibly quickly, it takes much longer for it to increase. Now is a good time to sell Looking at the S&P Inflation Historical Composite, it's clear that we're at the top of the market. For this reason, it's a good time to consider selling assets. This will help you fulfill Warren Buffett's advice to 'sell high'. Stop overcomplicating your understanding While we're often inclined to believe that the market is complex (thanks to the intimidating way Wall Street represents itself) it's actually remarkably simple. Don't allow yourself to overthink or complicate market patterns. They are easy to plot, and as soon as you understand this, you'll be able to take the appropriate action. We're often led to believe that the market is difficult to plot. The reality is, the wealthy have known for years that this is not the case. Stop believing you're incapable of investing. You have the potential to see phenomenal results— you just have to know where to look for indicators.

The strategies that real estate investing students are being taught typically don't match what's actually happening in the market. How is this manifesting in areas like wholesaling and hard money lending? What stage in business is make or break for every entrepreneur? How can you find highly lucrative off-market deals? On this episode, REI Sales Academy founder John Martinez shares third-party insights from training investing students. 3 Things You'll Learn The inevitable stage every business goes through How most of the money in investing right now is in private deals Why the first step to success in real estate is in mindset There are 4 big hurdles every investor has to overcome in order to be successful. The first is the stage of growth where systems and leverage are required. If you do things right, the stress goes down and your revenue increases at this stage. The second thing is the mindset of knowing that the money is there and you just need to get in front of people who have it. The third step is just to take action and keep taking action, no matter what. If you've been in the business long, the key is avoiding getting trapped by shiny object syndrome. If you navigate the business this way, no shift or change will ever stop you.

We're often inundated with images of wealth on social media that show what people's lives look like once they've achieved their goals. What about the journey they took to achieve that lifestyle? What was the driving force to success? On this episode, I talk with Les Brown Jr., and Levan Wood to hear where they came from and what processes & strategies led to their success. 3 Things You'll Learn Build communities, not customers Believe in yourself. You are your own biggest obstacle Stay in tune with your motivation As a society, we've become consumed by the desire to generate wealth for personal gain. However, there is so much good to be done with money. If you're on your path to create generational wealth, remember that it begins and ends with your community. Ultimately, your network is your net worth.

A shift in the market isn't just a possibility— it's definitely on the horizon. How can we prepare ourselves for it and make sure we don't lose money when it happens? Why is wholesaling one of the best ways to brave the coming storm? Why are masterminds so important to our success as entrepreneurs? On this episode, Real Estate Worldwide CEO and President, Kent Clothier, shares on his journey to success, his external and internal obstacles, and how to navigate the market as a new investor. 3 Things You'll Learn Why you shouldn't leave wholesaling behind How to keep your investments strong during a downturn The importance of masterminds The market is showing signs of slowing down, and as an investor you have to be prepared for this. You don't want to start trying to change course during a crisis, so getting ready right now while the market is better is the best strategy. Start engaging with cash buyers right now, because their appetite won't change in a downturn. Get into conversation with these people so that you become a person they rely on ahead of time. It will serve you well now and serve you very well in the future.

More than 10 years after the financial crisis, the US market cycle is at the top. The problem is, what goes up must come down. How can you start preparing for the storm? What can you do to protect yourself from losing money, and actually gain money instead? On this episode, I explain how using your 401k for investments is almost entirely risk-free. Three Takeaways Apply Warren Buffett's 3 rules to your life: buy low, sell high, and don't lose money. Use employer retirement funds for your investments. You'll not only not be spending your own money, but when you pay interest on taking a loan from the fund, you're paying it to yourself. Sell your assets and market investments, and get into cash. When the market cycle ultimately shifts from good to bad, it's easy for people to start thinking negatively. This stops us from investing, and we become more concerned with staying afloat than with thriving. The popular assumptions about making money don't help in this regard, either. Stop believing you have to take risks and start teaching other people how they can continue to make money without using the stock market. There are trillions of dollars lying in wait for us. It's time to start working smart and claiming it as our own.

Traditionally, we're never really taught how money works and how we can transform earning into building wealth. How can we get a better understanding of the principles of money in investing? Why is it so important for us to be willing to teach people no matter what level of knowledge we're at? What's the value of spending quiet time on your own to listen to yourself? On this episode, I'm joined by coach, entrepreneur, and "Millionaire Maker" Danelle Delgado, who shares her journey and how we can overcome our hurdles to success. 3 Things You'll Learn How to overcome our personal internal battles Why anyone can be a teacher The truth about investing in coaching programs Money is abundant— it's just a matter of finding it and setting yourself up so that it comes to you. We do this by constantly learning, seeking knowledge and mentorship, and doing the work to overcome our internal hurdles.

Any successful real estate investor will tell you that they've had their fair share of failures. It's an inevitable part of the journey. How did my guest get back on his feet after his investing business crashed? What are some of the necessary actions and decisions that will help you bounce back from failure? On this episode, I continue my conversation with Canadian investor Olivier LePage as he shares the most challenging time he went through as an investor, the lessons he learned, and how his business came back better than before. 3 Things You'll Learn Why failure isn't something we can avoid in business Why you need to be careful about hard money The most valuable skill set you have as an investor has nothing to do with money People tend to see money in a very limited and narrow-minded way, and that feeds into how they approach investing deals. The truth about investing is: you don't need money to get started, you just need to take action to find the deals. If you don't have money, you can still create the value of selling the offer. The real value you bring to the table is finding good deals, demonstrating how good they are with data, and putting deals under contract.

Getting money isn't the only hurdle new investors face. Sometimes the most difficult challenges are a lack of family support and finding people we can trust. What are some of the things we can expect when we try to get money from family? Why is it so difficult to find the right partners? How can we keep pushing through when things are challenging? On this episode, Canadian investor Olivier LePage shares on his investing journey over 11 years and the lessons he's learned along the way. 3 Things You'll Learn Why it's not always easy to get money from family Even though our families love and support us, they aren't always the best sources of money. If people don't know about real estate, it's hard to convince them that it's a good deal, and that they will make any money, even when they love us. How our fear of failure can hinder our growth Our families can sometimes be so worried about us failing that they protect us by not giving us funding, but this creates tension and challenges because it feels like you're not supported. The importance of the right partners One of the most challenging things that happened to Olivier in this business is learning that he didn't have the right partner. We need to have investors partners who won't bail during a challenging time. Through the challenges, we learn valuable lessons like who we want in our corner and where to get the money we need for deals. Olivier's story is proof that even if you have a rough start and have to push onward without the support of family, you can still build a thriving investing business.

The biggest hurdle new investors face is getting the money for deals, but the real hurdle isn't financial—it's mental. How can we shift our mindset and remove our blinders so we can see where the money is? How do we find and approach investors to show them the value of the opportunity? Is there a way to accelerate our success? On this episode, I'm joined by successful investor and entrepreneur, Matt Aitchison, to talk about how he built his empire and share the mental blocks he had to overcome in order to get those first deals off the ground. 3 Things You'll Learn The value of an experienced partner Why the deal comes first and the money follows The importance of building systems around what you're doing In order to attack the gap between where you are and where you want to be, you have to do things differently. The most important thing in investing is shifting your mindset around success and the activities that make it possible. Don't think of the deal as an investor doing you a favor. You're actually helping them make a return bigger than they would get in anything else. It's not about asking for money. It's about the right delivery in how you educate them and offer the opportunity. When you deliver on the return you promised and build that reputation over time, you'll never lack great opportunities.

People often claim that a lack of access to money is what keeps them from looking for deals. Why is mindset, not the money, the real thing holding us back? What is the most valuable skill that we can leverage in order to get money? Why do we need to prioritize action and stop being afraid of making mistakes? On this episode, I'm joined by real estate investor and entrepreneur, Ben Muresan who shares on his journey, the obstacles he faced, and how he overcame them. Fail quickly, fail forward. The quicker you fail, the quicker you find the answers to what does and doesn't work. -Ben Muresan Three Things We Learned How necessity breeds a strategic mind Not having the resources at your fingertips forces you to think about alternatives, new ideas and strategies. That level of forceful thinking helps you cultivate a mindset of possibility. Why limiting beliefs are the biggest obstacle to success It's always the limiting belief that we have in our minds that holds us back beyond anything. On the surface the things that stop us are external like money, time, and resources, but the greatest thing is the limiting internal belief system, and our negative self-talk. How Ben took advantage of the market downturn There is more opportunity created in a fearful environment like a market downturn. When people are paralyzed, that's when we should be taking action, when they are fearful that's when we should be bold. We often hold ourselves back by waiting to get the right information and answers before we take action. Sometimes we have to get into action first and then get the answers along the way. The true secret ingredient to our success is wisdom. The more of it we have, the more action we can take, furthering our growth.