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Join host Kelly Maxwell as he explores proven strategies, shares his success stories, and features conversations with industry experts who have mastered the art of global real estate investing. Tag...
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Join host Kelly Maxwell as he explores proven strategies, shares his success stories, and features conversations with industry experts who have mastered the art of global real estate investing. Tag along and discover how offshore real estate can be a game changer in your financial future. This podcast is designed to be your ultimate guide in learning all you need to know about investing in real estate, dealing with offshore assets, and becoming a top-tier property manager. You can also expect to learn valuable insights on other related topics like franchising and building generational wealth. Tune in each week to unleash the power of the foreign market and grow your cash flow today!
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Franchising & Real Estate | Second Life Method Podcast FRE | 2LM
Franchising & Real Estate | Second Life Method Podcast FRE | 2LM
LaunchPod Media inc.
19 NOV. 2024 · Today Kelly talks about this awesome acronym he learned recently on a trip he went on while in the back of an Uber in Atlanta Georgia. The acronym is W.A.T.C.H. and it stands for Ways, Actions, Talk, Character, Heart. Kelly got talking to his African American driver, who discussed the plight of colored people and that they represent our nation’s greatest untapped resource in terms of labor, talent, and innovation. Kelly works with and helps many people of all backgrounds, including minorities and people who didn’t grow up with money, and he absolutely loves to help and see them grow, thrive, and become financially free.
- The uber ride 1:00
- A select few will be tough enough to make a change 10:00
- The 5 principles: ways 13:30
- Sometimes you have to be radical 16:40
- We all wanna win in life 19:40
- Talk makes all the difference 24:30
- Character 28:30
- Heart 33:10
“Who of the downtrodden will rise up and make something of themselves? Which ones will be the great ones who break the mold and untangle themselves, and get free, get up, and get out? What courage will they have to defy their families sometimes, culture, their people, their neighborhood? It reminded me of the Malcolm X quote on freedom and death. He says ‘Freedom, if you’re not ready to die for it, put the word out of your vocabulary.’” 11:00
8 NOV. 2024 · Some of the financial benefits of leasing your commercial vehicles for your company might surprise you. Kelly shows how having a company fleet can actually increase the value of your business, and help you recruit the best people, and help people long term. If you currently have company vehicles or will have them soon, and you have a franchised service business, perhaps you will consider some of this advice for your business.
- An example from Kelly’s life 3:20
- Kelly’s first fleet 6:00
- Tax savings 8:30
- Ordinary folks can’t write off any car loan interest, unless they have a business 11:30
- The first truck 14:20
- Be smart 21:00
- The action steps to take 23:40
“It should be clear by now that leasing vehicles can move the needle for you and promote incoming sales to have the vehicles, and corporate leases won’t break the bank like a loan can, but be careful.” 21:25
8 NOV. 2024 · When things aren’t going well and you’re a little bit broke, it can feel like everyone is richer than you. Everyone has what they need and you don’t. Everyone has a nice car, houses, and it’s all figured out. Then when you get a little money, you start feeling that you can do it too, but there are certain people out there who think a millionaire is a millionaire is a millionaire. They’re all created equal. That is not true. Net worth millionaires have a total value of assets that equal at least a million dollars, whereas a cashflow millionaire is someone who makes a million dollars a year.
- Being a millionaire these days 2:00
- Wealth created in the 90s and 80s 4:35
- Cashflow millionaires 9:15
- Cashflow millionaires feel the best 17:20
“I guarantee you the high salary earners, the 250K/year, 300K/year, 500K/year people out there, they do not feel nearly as rich or wealthy as the cashflow millionaires who have millions coming in each year from different sources. They don’t have to go to work each day and each day they get paid from different investments and clients each day, month, and year.” 17:20
8 NOV. 2024 · Today Kelly gives his listeners some sound advice, which is to take your cues from wealthy people. It doesn’t matter if this person was accomplished at one point in time, or if someone is telling you to listen to someone specific that did such and such. Learn from the people who are actively out there, doing deals, and who have active relationships and contacts, and who have a finger on the pulse of the market. A sales person could be your stock broker, your real estate agent, the guy you invest with, your accountant, or anybody you deal with. They have something to sell and are dependent on you to make money. Kelly gives some great advice on how to build a relationship with and add value to wealthy people and their lives/businesses.
- The sales people 1:25
- The great ones to work with 6:30
- What you really need to do 10:30
- Position yourself 16:20
“Sales people, and people who have anything for sale, are inherently biased because they have something for sale, and that’s different than someone like me who’s approaching you as a quasi mentor. I’m offering products as the founder and creator of cutting edge products and tech that can change the market permanently, and my products are designed to promote the success of the people who use them.” 3:20
2 NOV. 2024 · Compound interest every time! Kelly helps you clear up this simple investment principle, as well as a few others over the next couple weeks, so come back to learn more in addition to this episode. Einstein called compound interest the 8th wonder of the world, saying “He who understands it, earns it. He who doesn’t, pays it.” The implications of compound interest are massive compared to investments earning simple interest.
- The definitions of each 1:25
- Calculating simple interest 2:20
“The definition of simple interest is a method of computing interest where you apply the interest rate only to the original principal amount. The definition of compound interest would be, you apply the interest rate to the original principal amount, and also to all accumulated interest.” 1:25
1 NOV. 2024 · Kelly talks about CEO vs Founder in this episode and the essential difference between the two. We hear these terms a lot online, and the term CEO for example sounds very sexy and there’s some prestige. It means you’re a leader and there’s some kind of influencer of people and you have some authority. The other term can mean great wealth, and it can command respect. Both are considered successful by society. “‘Forget CEO. Settle for the title of founder.’ I thought that was good advice. Sometimes you can help your company grow by getting out of the way.”
- Key perceptions of a CEO 2:00
- Founders 5:45
- Leadership styles 9:45
“The company’s founder is generally perceived as the visionary, the creative force behind the company’s original idea. Their thing that they developed, that pulls, that has value, and they’re deeply passionate about the product, and focused on innovation, while a CEO is seen as more a pragmatic leader responsible for the operations and ensuring the company runs smoothly, often with a broader skill set than a founder, to be quite honest.” 6:00
1 NOV. 2024 · Many investors’ North Star is this cash on cash (COC) return measurement of investment. COC is a static measure. It’s simpler to calculate and takes into account fewer factors than IRR (Internal Rate of Return). With the election on the horizon and some changes happening in the country, these measurements will or should become very important to you over the next couple of months. Static measure is a measurement that doesn’t take into account time.
- Static measurement 1:30
- Doesn’t take into account tax rate 3:45
- Getting the best return you can 8:30
“A static measure in mathematics means it’s a measurement that does not account for the passage of time, one where the measured quantities are always constant or changing very slowly. Investors love to run this measurement because it gives them a picture of how much they’re going to make on a rental today.” 1:30
1 NOV. 2024 · Kelly talks about IRR, or the Internal Rate of Return in this episode and simplifies for those of you who have a hard time understanding exactly what this means. Why do investors need this investment measure? Many just make sure the cash flow is positive and don’t bother to calculate the investments beyond the basics. Why would there be a debate about these metrics? This may seem slightly nerdy, but it’s for good reason, because our assets are on the line.
- A good reason to do this 7:30
- Why you should care about this 9:30
- Example calculation 17:40
- EBITDA and IRR 28:45
“Analysts can to a certain extent, predict the future in that way, based on well understood facts about the present, and they can extrapolate things with great accuracy in the future based on things well understood in the present. You must look into the future as an investor.” 29:13
25 OCT. 2024 · If you already understand the time value of money very well, maybe you send this to your investment partners or your staff who may need a refresher on this very important financial topic. Maybe they’re about to send their own money, or your own money, away to Wall Street for pennies on the dollar and you’ll end up doing something you regret. This episode is gonna help put you at ease with the time value concept and clarify some ideas that maybe you aren’t so familiar with.
- Knowing if you’re getting a good deal or getting hosed 2:45
- The cashflow 3:50
- Money received today is worth more than money received tomorrow 7:30
- How your money loses value over time 16:00
- T bills 23:00
“If we know that money loses buying power each year, we can actually calculate the monthly value of the loss and use it to guide our investing and learn the real present value of our investments.” 21:50
24 OCT. 2024 · Kelly starts of this episode by talking about an investment filter and asking “Which way does the cash flow? Does it flow away from you or toward you?” This is an old tip given by Robert Kiyosaki, author of Rich Dad Poor Dad. Cash flowing toward you helps you feel good and gives you relief, freeing up financial strain and giving you freedom to expand your attention to other areas of your business or life.
- Always ask yourself these questions 2:15
- You feel wealthy when cash flows toward you 3:30
- The investor must establish a basis 9:45
“Don’t send your money to Wall Street without understanding what you’re investing in first, how much it earns relative to other investments, or better yet don’t send your money to Wall Street at all and invest in income producing real estate and businesses instead.” 1:30
Join host Kelly Maxwell as he explores proven strategies, shares his success stories, and features conversations with industry experts who have mastered the art of global real estate investing. Tag...
mostra más
Join host Kelly Maxwell as he explores proven strategies, shares his success stories, and features conversations with industry experts who have mastered the art of global real estate investing. Tag along and discover how offshore real estate can be a game changer in your financial future. This podcast is designed to be your ultimate guide in learning all you need to know about investing in real estate, dealing with offshore assets, and becoming a top-tier property manager. You can also expect to learn valuable insights on other related topics like franchising and building generational wealth. Tune in each week to unleash the power of the foreign market and grow your cash flow today!
mostra menos
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| Organización | LaunchPod Media |
| Categorías | Inversión , Empresa , Profesiones |
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