Learn How To Protect and Boost Your Wealth Now! πŸ“ˆ

The Freedom Show
10 Jan 202453:11

Summary

TLDRThe video script features an inspiring conversation with MC Lobster, a wealth strategist, educator, and host of the 'Cash Flow Ninja' podcast. Born in South Africa, MC shares his journey to the United States and how the country's opportunities for upward mobility deeply impressed him. He emphasizes the importance of taking action, as illustrated by his experience of purchasing his first property within six months of reading 'Rich Dad Poor Dad.' The discussion delves into the concept of freedom and sovereignty, highlighting the significance of aligning one's actions with their purpose and being disciplined in investments. MC's story is a testament to the power of seizing opportunities, the value of building a diversified portfolio, and the impact of creating a life that is both financially free and personally fulfilling.

Takeaways

  • 🌟 **Opportunity in the U.S.**: The United States is presented as a land of opportunity where individuals can achieve success through hard work, talent, and innovation, regardless of their background.
  • πŸš€ **Self-Made Success Stories**: The script highlights numerous examples of individuals who have risen from poverty to become self-made millionaires and billionaires in the U.S.
  • πŸ“ˆ **Excellence as a Goal**: The speakers emphasize the pursuit of excellence as a guiding principle for their work and personal development, which involves a deep dive into their business operations.
  • πŸ” **Detail-Oriented Approach**: Achieving excellence requires a meticulous approach, which includes creating detailed CEO dashboards for each company to track critical metrics and activities.
  • ⏰ **Time Blocking for Productivity**: The importance of blocking time on calendars for deep work is underlined, showcasing a commitment to focused and efficient work sessions.
  • 🀝 **Collaboration and Teamwork**: The process of involving team members through questionnaires and anonymous feedback is mentioned to gather insights and foster a culture of contribution.
  • 🧐 **Critical Thinking and Learning**: The value of critical thinking and continuous learning is discussed, with the speaker sharing his background in history, economics, and his love for contrarian views.
  • 🏑 **Real Estate Investing**: The speaker's journey into real estate investing is outlined, from buying his first property to becoming a wealth strategist and educator, emphasizing the role of action and discipline.
  • πŸ’Ό **Entrepreneurial Spirit**: The narrative of starting at the bottom and working up is highlighted, showing the immigrant mentality of seizing opportunities and creating a better future.
  • 🌐 **Global Perspective**: The speaker's South African origin and experiences provide a global perspective on the unique advantages and freedoms available to those who pursue their dreams in the United States.
  • πŸ”— **Networking and Partnerships**: The importance of building a network and partnering with others in real estate and business ventures is discussed as a pathway to success and financial freedom.

Q & A

  • What is the main theme of the 'Freedom Show' podcast?

    -The main theme of the 'Freedom Show' podcast is to explore different ways individuals can achieve freedom, with a particular focus on time freedom and geographic freedom.

  • What was MC's background before coming to the United States?

    -MC is originally from South Africa and grew up during a time of significant political transition. He had a background in history and economics, and he was also involved in sports.

  • How did MC's experience in South Africa influence his perspective on the United States?

    -MC's experience growing up in South Africa during a time of uncertainty and change made him appreciate the opportunity for upward mobility in the United States. He was struck by the fact that in the U.S., one's background does not necessarily determine their future success.

  • What book had a significant impact on MC's life and why?

    -The book 'Rich Dad Poor Dad' by Robert Kiyosaki had a significant impact on MC's life. It opened his eyes to the world of opportunity in real estate investing and inspired him to take action by buying his first property within six months of reading the book.

  • What is the concept of 'infinite banking' and how did MC apply it?

    -Infinite banking is a concept where an individual acts as their own bank, using cash flow from investments to create wealth. MC applied this by investing in real estate and other businesses, creating a diversified portfolio and reinvesting the profits to grow his wealth.

  • What is the 'Snowball Effect' as mentioned by MC?

    -The 'Snowball Effect' refers to the compounding impact of consistent, disciplined investment and action over time. MC used this analogy to describe how small, regular investments and actions can accumulate and lead to significant wealth and success.

  • How does MC define 'freedom' and 'sovereignty' in the context of his life?

    -MC defines 'freedom' as the ability to live life on one's own terms, including having the time, money, and purpose to do what one loves. 'Sovereignty', for him, involves being decentralized and independent from systems, ensuring that he is not overly impacted by external disruptions.

  • What is the role of a General Partner (GP) in a real estate syndication?

    -A General Partner (GP) in a real estate syndication is an active member of the deal, involved in underwriting, due diligence, property management, or asset management. They contribute value beyond just capital, often taking on operational responsibilities.

  • What is the role of a Limited Partner (LP) in a real estate syndication?

    -A Limited Partner (LP) is a passive investor in a real estate syndication. They invest money into the deal but do not take part in the day-to-day operations or management of the property.

  • How does MC describe the journey of building wealth through real estate and investments?

    -MC describes the journey as one that requires discipline, a clear understanding of one's goals, and the willingness to take action. He emphasizes the importance of reinvesting profits, diversifying investments, and continually learning and adapting.

  • What advice does MC give to individuals looking to achieve financial freedom?

    -MC advises individuals to define what freedom means to them, set clear goals for the future, and live in a way that aligns with those goals. He also encourages investing a portion of income, starting with as little as 10% and increasing over time, and focusing on building a diversified portfolio.

Outlines

00:00

πŸ˜€ Introduction to the Freedom Show and Embracing the American Dream

The speaker emphasizes the American ethos of opportunity, where hard work and determination can lead to success, as illustrated by the stories of self-made millionaires and billionaires. The host, Flip, and his co-host welcome listeners to the Freedom Show, reflecting on their experiences over the holidays and their excitement for the new year. They discuss their focus on excellence and detail-oriented deep dives into their businesses, aiming to optimize operations across their companies.

05:01

πŸ’Ό Deep Dive into Business Operations and the Creation of a CEO Dashboard

The hosts share their strategic approach to business management, which involves blocking time to deeply analyze and improve their companies' operations. They have created a CEO dashboard to track key metrics and activities, sending out questionnaires to their team for insights. This has led to the identification of areas for improvement and a renewed sense of excitement about their business endeavors.

10:01

🌟 Welcoming Guest MC Lobster and His Impact on the Show

The hosts express their enthusiasm for their guest, MC Lobster, a wealth strategist and host of the 'Cash Flow Ninja' podcast. They discuss how they were introduced by a mutual contact and their eagerness to learn from his experiences and insights. MC Lobster's background as a South African immigrant and his journey to success in the United States is highlighted, emphasizing his unique perspective on the opportunities available in America.

15:02

πŸ“š The Power of Education and 'Rich Dad Poor Dad' as a Catalyst for Action

MC Lobster shares his personal story, including the impact of reading 'Rich Dad Poor Dad' by Robert Kiyosaki, which inspired him to take action towards financial freedom. He talks about his early investments in real estate, the lessons learned from managing properties, and his realization about the importance of cash flow and financial literacy. His narrative underscores the significance of self-education and critical thinking in achieving financial success.

20:05

🏦 Becoming Your Own Bank: The Philosophy of Infinite Banking

The guest explains the concept of 'infinite banking', which involves using one's own capital to finance investments rather than relying on traditional banks. He discusses the interconnectedness of financial systems and the importance of creating a personal banking system. This approach has been a key factor in his journey towards wealth creation and financial freedom.

25:05

🀝 The Shift to Multi-Family Real Estate and Partnerships for Growth

MC Lobster details his transition from single-family homes to multi-family real estate, emphasizing the importance of partnerships and collaboration. He talks about the value of investing with experienced operators and the shift in mindset required to achieve true financial freedom. His journey illustrates the power of aligning with the right people and focusing on adding value to investments.

30:07

πŸ’° Building a Diversified Portfolio and the Role of Discipline in Wealth Creation

The host discusses the importance of discipline in building wealth, emphasizing the need for a clear vision of one's financial goals and the commitment to saving and investing a significant portion of income. He shares strategies for generating capital within businesses and investing in assets that provide returns, reduce taxes, and appreciate over time, highlighting the 'snowball effect' of consistent investment and reinvestment.

35:07

🌍 Freedom and Sovereignty: Defining Success Beyond Financial Independence

The conversation explores the concept of 'sovereignty', which involves creating a life that is resilient to external disruptions and capable of self-sufficiency. The guest discusses the importance of being free yet sovereign, having control over essentials like food, water, and power. This holistic approach to freedom ensures that individuals are not only financially independent but also capable of weathering unexpected challenges.

40:08

🏑 TurnKey Real Estate Investments: A Blend of Active and Passive Investing

The hosts introduce TurnKey properties, which are cash-flowing real estate investments that require minimal active involvement from the investor. These properties are sold at value without markup and offer a good entry point for investors looking to build passive income streams. The hosts' company offers a vertically integrated service, handling everything from property rehab to management, making it an attractive option for those interested in real estate investing.

45:09

πŸ“ˆ The Freedom Show's Commitment to Excellence and Future Episodes

The hosts wrap up the episode by inviting feedback from listeners and encouraging reviews on iTunes. They express gratitude for the opportunity to bring on guests like MC Lobster and look forward to future episodes. They also mention their commitment to providing excellence in their podcast and adapting based on listener feedback, emphasizing the importance of continuous improvement and innovation.

Mindmap

Keywords

πŸ’‘Upward Mobility

Upward mobility refers to the ability of individuals to ascend the social and economic ladder over time. In the context of the video, it is highlighted as a key feature of the United States, where people from any background can achieve success through talent, ideas, and hard work. The video emphasizes that in the U.S., one's starting point does not necessarily determine their final destination, which is a stark contrast to the social structures in many other countries.

πŸ’‘Self-Made Millionaires and Billionaires

This term refers to individuals who have acquired their wealth through their own efforts and ingenuity, rather than inheriting it. The video uses this concept to illustrate the opportunities available in the United States, where people can rise from poverty to become extremely wealthy. It serves as an example of the American Dream in action and is central to the video's theme of freedom and opportunity.

πŸ’‘Investing

Investing is the act of allocating resources, such as money, with the expectation of generating income or profit. In the video, investing is a pivotal strategy for achieving financial freedom. The speaker discusses his journey from reading 'Rich Dad Poor Dad' to investing in real estate and becoming his own bank, which is a key element in the narrative of personal financial growth and independence.

πŸ’‘Real Estate

Real estate involves the buying, selling, or managing of properties. It is presented in the video as a significant pathway to wealth creation. The speaker's initial foray into investing was through real estate, which allowed him to generate cash flow and build a foundation for his financial freedom. It is an example of how one can leverage assets to achieve financial goals.

πŸ’‘Financial Freedom

Financial freedom is the state of having control over one's financial life and not being dependent on a traditional job for income. The video's speaker discusses achieving financial freedom through strategic investing and business acumen. It is a core theme of the video, as it represents the ultimate goal of the individual's journey and the essence of personal liberty in financial matters.

πŸ’‘TurnKey Properties

TurnKey properties are real estate investments that are already tenant-occupied or fully managed, requiring little to no work from the new owner. In the video, TurnKey deals are mentioned as an accessible entry point for investors looking to enter the real estate market with minimal involvement. They represent a blend of passive and active investing, aligning with the video's message of alternative investment opportunities for achieving financial goals.

πŸ’‘General Partner (GP) and Limited Partner (LP)

In the context of the video, a General Partner (GP) is an active participant in a business or investment deal, often involved in decision-making and management. A Limited Partner (LP), on the other hand, is a passive investor who contributes capital but is not involved in the day-to-day operations. The speaker's transition from single-family investments to larger, multi-family deals as a GP or LP is a key part of his strategy for scaling his investments and achieving financial freedom.

πŸ’‘Snowball Effect

The Snowball Effect refers to the process where something keeps increasing in size or effect as it grows. In the video, this concept is used to describe the cumulative impact of consistent investing and financial decisions. The speaker emphasizes the importance of discipline and consistent action, which, over time, can lead to significant financial growth and success.

πŸ’‘Sovereignty

Sovereignty, in the video, is discussed as a state of self-governance and independence, particularly in how one's life is structured to be resilient against external disruptions. It is closely linked to the concept of freedom, suggesting that true freedom also involves the ability to maintain one's lifestyle and financial stability regardless of external circumstances, such as economic downturns or societal changes.

πŸ’‘Purpose

Purpose in the video is described as having a clear understanding of one's goals and motivations in life. It is a driving force that aligns with an individual's values and passions. The speaker emphasizes that aligning one's actions with their purpose can lead to a more fulfilling and energetic life, which is a multiplier for success and happiness.

πŸ’‘Relationships

The term 'Relationships' in the video refers to the personal connections and social networks that individuals build and maintain. It is highlighted as a multiplier for life success, suggesting that surrounding oneself with like-minded and supportive people can enhance energy levels and overall life satisfaction. The speaker discusses the importance of choosing relationships that are aligned with one's personal and professional growth.

Highlights

The United States is presented as a land of opportunity where individuals can achieve success through hard work and talent, regardless of their background.

Self-made millionaires and billionaires are highlighted as examples of the American dream in action.

The importance of adaptability and recognizing the purpose in every season of life and business is emphasized.

The concept of 'Excellence' as a guiding principle for the year 2024 is introduced, with a focus on attention to detail and deep dives into business operations.

The hosts share their strategy of blocking time on their calendars for deep work sessions to improve their companies.

The creation of a 'CEO dashboard' to track critical activities and needle-moving metrics is discussed.

Anonymous questionnaires are used to gather team insights and foster a culture of continuous improvement.

The impact of scaling a business beyond 50 employees and the need for structural changes is addressed.

The transformative power of asking the right questions and re-evaluating business operations is explored.

The guest, MC, shares his journey from South Africa to the United States and his observations on the opportunities available in America.

MC's experience with the book 'Rich Dad Poor Dad' and its influence on his approach to wealth creation and real estate investing.

The strategy of partnering with other operators in real estate deals as either a limited partner (LP) or general partner (GP) to scale investments.

The 'Snowball Effect' as a metaphor for consistent action leading to significant growth and success over time.

The importance of discipline and living in alignment with one's long-term goals to achieve financial freedom.

The concept of 'sovereignty' as a complement to freedom, emphasizing self-sufficiency and resilience in the face of uncertainty.

MC's passion project, the 'Cash Flow Ninja' podcast, which has grown into a significant educational platform.

The hosts' discussion on the value of TurnKey real estate properties as an investment opportunity that combines elements of passive and active investing.

Transcripts

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in the United States is like hey bring

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your talents bring your ideas bring your

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game bring your work ethic and you could

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do whatever you want here that is why

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you look at the self-made Millionaires

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and billionaires in this country I mean

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you have people coming we could throw

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around so many names but literally

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growing up in poverty and they become

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billionaires hey everybody Welcome flip

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and Danny here welcome to another

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episode of the freedom

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show it seems it's been years since I've

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done that sorry I had to say that happy

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2024 happy 2024 uh we survived uh uh the

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holidays um I mean this isn't the very

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first episode of 2024 but we survived

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all the holidays we survived uh family

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yes we survived travel we survived

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everyone else being sick around us the

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entire time we were on vacation yeah I

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actually got under the weather a little

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bit there too it was it was minor it was

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it was minor uh but uh welcome to

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another episode uh we're super excited

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about this um uh MC was someone that uh

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uh when we were introduced uh where

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we're getting ready to be introduced to

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him you know I looked him up and I I got

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super excited you know anyone who has a

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show called Cash Flow ninja I'm like I

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must meet this guy yes yeah he's super

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cool uh but before we get into the show

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we wanted to share with you a little bit

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about um what's going on here in 2024 um

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so we are recording this um you know a

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couple weeks into 2024 it's going live

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um here in the next uh few days so if

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you're listening to this um you actually

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are catching us probably a week prior to

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this um you know going live so um you

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get a real sneak peek into what we're

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doing right this moment and uh flip and

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I were just discussing you know the

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seasons of you know life and of business

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and that there's always a purpose to

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every season um in what you're working

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on and so you always have to be able to

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adapt and um continue on in a different

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way so that you can Thrive and for us

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here in the first quarter of 20124 um we

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have decided to go and do a deep dive

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yes um so we told you in a previous

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episode that our word for 2024 is

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Excellence um and I think Steve in our

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meeting today actually came up with a

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new word I can't even remember I said oh

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we got two words for the year

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but um uh yeah excellence and so in

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order to achieve Excellence it really um

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takes attention to detail and in order

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to run six companies um and be preparing

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to launch a couple more here this year

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um to get into great detail means we

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have to go deep and in order to go deep

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we have to block time on our calendars

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which is not easy to do yes I was just

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texting with Steve this uh this

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afternoon after our morning meeting and

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uh we were like boy these meetings are

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incredible they're really moving the

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needle um and he kind of joked back he

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says expensive meetings but they're wor

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yes and uh that's so right so what deep

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dive kind of means to us and how we

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structured it uh is every single day for

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three hours a day um flip and I and our

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President Steve are blocking off um uh

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the morning for those three hours in

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order to Deep dive into a company um so

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with six companies we've actually

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blocked out the next six weeks um the

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very first day was Monday of this week

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or Tuesday because New Year's Day we

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weren't working um uh so Tuesday of this

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week we had the very first day and we

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created our first Dash dashboard so

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we're calling it um a CEO dashboard and

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at the beginning of every single file

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it's got the company's name and uh we're

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really just kind of creating um all of

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the things that we want to be asking um

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in a different way a little bit like

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we're starting from scratch like if we

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are just going to build this company

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right now what would we be looking at

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you know what what are the things that

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are critical to this company what what

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are the needle moving activities the 20%

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that moves the 80% of activities and so

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we built this dashboard with a bunch of

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tabs in in in session one um that we met

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with just Eve and uh we created what we

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think we're going to use exactly for

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every single company for the next six

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weeks um and then the next day um

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actually after that first meeting we

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sent out questioneers to our team that

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actually asked questions as if we were

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starting the money the the the the

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company from scratch right right so

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there were questions that um uh were

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like um you know what is your role what

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do you think is the key thing that

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matters to your role what's the needle

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moving activities um who's providing

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value the most value to you right now um

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just questions and we allowed it to be

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an anonymous thing where they tell us

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who they are so that we can go dig in

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deeper but it's not something that's

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necessarily shared with the teams right

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that they can you know feel like hey I'm

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actually contributing and helping here

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um uh achieve the word for the year

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excellence and so we got those in for

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the very first company um and so session

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two was really um us giving time for the

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team to give those questionnair back to

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us and us then creating the dashboards

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for each company thereafter and when we

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say each company we don't even mean just

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the companies so we're actually doing

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departments within the companies too so

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we have some shared resources um and

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that's financials it's operations and

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it's marketing those are shared

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resources within our family of companies

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so they have their own dashboard um and

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so it has been or three days in and it

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is been one of the greatest exercises

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for us to do um and it's just really

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proved like this is what's going to

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change the game this year and every time

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you say we're going to change the game

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it's usually something new depending on

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the season of business that you're in

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right and so uh I just thought that

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would be worthy to talk about yeah you

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know I excuse me I I had to be uh you

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know when I first heard about doing this

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I was like oh this is going to be

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exciting yeah and then when I heard

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about CU originally it was 4-Hour

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meetings every day yes yes and I was

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like Oh I thought this was going to be

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fun but then we moved into 3our meetings

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and I was like

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oh but after I mean we're only well we

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got one more day left this week but I'm

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like this I'm super stoked about this

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this is s like just one three-hour

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meeting I want to stick a fork in my eye

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you know but this we've gone through

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three you know and and it's been I'm I'm

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I'm ready for tomorrow let's go you know

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because it's it's exciting you know and

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it's it's uh uh so what's your job well

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I rent properties oh okay great thanks

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no how do you rent the properties and uh

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where do you put them how do you put

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them there do where do they go what what

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what uh software do you use how do you

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do this how do you tell those people how

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do you communicate you know it's it's

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all the little tiny questions and and

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gosh we we got into it and some of those

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little tiny questions well we're like

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what no they're shouldn't be a well you

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know and so it's uh it's exciting and

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and because those little things are

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going to be you know it's the little

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thing down here but it's huge up here uh

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you know the trajectory and so it's

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that's why it's super exciting yeah I

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was really excited today so today was

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the very first time we brought in a

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leader from one of the companies that

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we're working on and went through some

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stuff with him and um it was really eye

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openening um exactly what you were uh

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talking about about how we think that

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things are running you know pretty

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smoothly we know we have some gaps and

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we walked into this week for this

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company knowing hey here's the gaps we

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actually have an issues Tab and on the

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issues tab we already put down items

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that we knew we were going to want to

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talk about um but today we added

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numerous more why because we took the

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time to put aside to actually start

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digging you know and like what is that

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you're like uh when when you're like you

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know you're just kind of digging that

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hole into the ground like with what you

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know your little hand shovel or

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something you're just going let's see

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what's down there and let's shine a

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light on it and we go oh what's that

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okay I think we need to fix that um so

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uh it's just a um it's like a clog and a

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a plumbing pipe I guess that would be a

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better analogy of of we're looking down

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the plumbing pipe and seeing hey there's

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some muck right here and if we take that

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muck out then everything's going to run

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a little bit more efficiently um and

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we're going to be more productive and

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effective and so um today was really

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exciting so what I really wanted to uh

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why I wanted to share that is because I

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love sharing things that we're just

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because a lot of the um uh people in our

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Network are active investors and passive

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investors and so um when you're working

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in the active side of business even if

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it's not real estate um uh so many times

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I take lessons from other business

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owners and what they're doing in their

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business at this moment and one of the

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things that um uh was uh that I thought

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of when we were creating this exercise

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to do um was one of the companies that

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we follow and um how they said hey after

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you get over 50 employees it's a totally

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different ball game you have to change

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everything that you do and we are at 64

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now I just looked at in in the one of

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the chat we have these different in

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Google uh Google workspace we have these

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different chat rooms and one of them's

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called ffi Allstars it's because we

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think of our team as you know the

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allstar team um and so um in that you

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always look at the top and you can see

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how many people are in it that tells us

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how many team members we have that's

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literally how I check and see you know

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how we've grown and where we're at

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because we're not part of the hiring

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process um anymore for the companies as

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they grow um and so I was like 64 and I

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went oh they said after we reached 50

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we're going to have to

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change and here we are automatically T

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doing the work that we didn't I didn't

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make the connection before now um

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because this is the very first time that

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we said we are going to dedicate six

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weeks of three hours a day with the top

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three people in the company and then

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bringing the leader of every single

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company into it at some um uh some point

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or the other um or the leader of a

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department if it's financials marketing

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or um operations um so uh that is a very

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expensive you know block of time and I

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think that's probably why we haven't

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done it before we've been able to

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accomplish things in a much shorter

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periods um but this time we're like hey

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let's just go in let's you know um think

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about what it's going to look like after

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six weeks right we're just going to be

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like whoa look at what we did to 2024

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and you know how that's going to change

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the game for us so I thought it was

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really uh cool to share um because I

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love it when other business owners share

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their you know Insider secrets and what

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they're doing behind the scenes with us

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um whether it's on a podcast or in a

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private meeting I love taking those gold

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nuggets and then applying it um

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depending on what's relevant um for me

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in our business in our in our lives so

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yeah and with weekly three-hour meetings

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and all the companies we have we should

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be done right around July 4th stop

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it so anyway so uh let's talk about mc

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mc is our guest today you're going to

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learn more about who he is um what he

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has accomplished he is such an exciting

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guest he's from South Africa um and I

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love that I love listening to him talk

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yeah I don't know what it is about South

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African accents it's it's different than

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I mean it's different than other accents

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but I don't know what it is about South

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African accents that I love more than

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other accents yeah I just it's just he

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started talking I'm like oh he's from

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South Africa

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you but it's uh you're going to get to

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hear his freedom story today um and I'm

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really really EXC excited for you to

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hear this because this is true coming

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from South Africa and coming to the

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United States listen to the perspective

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that he has and um how his eyes are so

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wide open and it made me realize even

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during the episode that I don't take our

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lives for granted I don't take living in

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the United States of America for granted

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but when he started talking about it I

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went well maybe I do holy heck I mean

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think about his perspective and and

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where he's at life and how he's talking

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about it I was like wow this is so

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incredible um so it's a really great

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episode his freedom story um is just

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amazing you're going to enjoy it and I'm

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excited for um us to be able to share it

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with you so yeah so we'll see you here

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when we're done with this first half of

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this interview because this one was a

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doozy it went went long and so we broke

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this one up uh so this is part one so

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enjoy the

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[Music]

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show

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[Music]

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you're tuned in to the freedom show we

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are in the studio having a conversation

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we're really excited to share with you

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today's guest is MC lober welcome to the

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show

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MC so good to see you guys been looking

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forward to this

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conversation yes it's been actually a

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week since we talked to you um uh and so

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we're super excited to be hearing um all

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about you what you've got going on but

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before we dig in flip is going to um

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just tell everybody a little bit about

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you yeah and uh I did want to quickly

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say uh um my last name gets

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mispronounced every day all the time so

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I hope that I pronounce your last name

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correctly no problem ler no problem

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beautiful all right uh MC Lobster is a

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wealth strateg strategist educator and

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cash flow coach he is the Creator and

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the host of the popular and top rated

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business and investing podcast cash flow

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ninja and president of producers wealth

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a wealth creation firm helping clients

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and 50 states Implement holistic wealth

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creation strategies his purpose is to

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help producers and creators create

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protect and multiply their wealth in any

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economy and Market his mission is to

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help producers and creators Achieve

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Financial Freedom as soon as possible so

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that they can live their legacy today on

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their terms MC challenges existing

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societal belief systems and

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misinformation around Concepts such as

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money saving investing wealth and

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retirement welcome welcome to the

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show I love it so I wanted to say

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something real quick before we get into

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um uh your freedom story um so we were

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connected by Keith winhold um and I tell

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everybody uh that this show um this is

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the very first time we started bringing

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on guests um we've always kind of done

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pilot episodes um ourselves and uh we

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said hey let's start bringing on our

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Network you know the people that we know

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like and trust and let's introduce them

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to our community um and so um through

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our Network Keith winhold introduced us

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uh to you and we are so so thrilled

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because I hold Keith in such a high

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regard we have been working with him um

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for over four years now and I said hey

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Keith if you were going to recommend me

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to anybody in your network um who would

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it be and it was you so I am just

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thrilled to have you here on the show to

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introduce you to um our Network um and

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to just learn more about you in the

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process so uh we always like to start

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these uh podcasts off off with your

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freedom story because everything we do

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is about freedom and all the different

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ways you can um achieve it for flip and

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I time freedom and geography Freedom

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happen to be at the very top of our list

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um and so you shared a quote with me

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that I won't um get into just in case

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you share it on your own but um if you

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could just tell us um more about you

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your story and how you achieved freedom

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and what Freedom means to you that's a

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great question um so I'm originally from

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South Africa and I grew up during a very

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interesting time in South Africa's

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history um and as a young man too I mean

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that we we had a transition of

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governments uh you know and I I was 13

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14 years old when this all this stuff

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kind of happened uh so there was a lot

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of uncertainty there was a lot of uh I

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would say tur it was turbulent it was a

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very turbulent environment a lot of

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unknowns uh pretty chaotic it's funny we

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humans behave in very strange ways when

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we have uncertain certainty and there's

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a little bit of disruption and chaos and

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we're out of our comfort zone right so

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collectively you know then the

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environment's very very volatile so that

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was actually a huge gift for me I didn't

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realize that at the time but being 13 14

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years old to go through that I mean um

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this is a while back now but I mean it's

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kind of crazy to to you recollect

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certain things that you saw you know you

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basically had a country prepar for Civil

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War at that stage and no one knew what

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what it was going to look like how this

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was going to play out and end up um so

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anyway as an investor and on my journey

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that was a great tool to put in the

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backpack having lived through that

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experience um and then I I I graduated

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University also in South

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Africa um and then I I traveled around a

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little bit and then I ended up in the

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United States I ended up playing uh

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Sports in the United States um and

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coming from coming from South Africa

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having seen a little bit of um you know

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and traveled a little bit uh I was just

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blown away by the United States at that

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stage I landed here in 2001 you want if

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you can believe it but yeah time flies

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when you're having fun the one thing

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that uh impressed me so much about the

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United States was the incredible

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opportunity for up upward

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Mobility I don't think Americans

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understand that they take it for granted

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a lot of stuff here in in in the United

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States they take for granted and I mean

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that struck me like a brick right there

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on the head I'm like wow so you can

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literally come from anywhere any

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background uh and like just build your

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dream here and the only thing holding

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yourself back is you that's kind of

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insane because as most International

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people would know if you travel around

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the world it isn't that way in other

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countries right usually where you start

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is uh there's a very high probability

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that's where you end up um just because

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of how Society is structured uh and

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every you know every continent every

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country is different but in the United

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States it's like hey bring your talents

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bring your ideas bring your game bring

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your work ethic and you could do

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whatever you want here and there I mean

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that is why you look at the self-made

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Millionaires and billionaires in this

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country I mean you have people coming I

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mean we could throw around so many names

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but literally growing up in poverty and

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they become

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billionaires yeah not a bad place to be

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in if this is what you can achieve here

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right not bad everybody's got problems

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right uh but that's right that's not a

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bad that's not a bad thing um so yeah

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that really blew me away so while I was

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um playing

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sports and traveling and playing in a

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sports League here at that time a rugby

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league um you know I I had a background

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in history and economics and I love

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reading and studying and learning and

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I'm also a very big CR critical thinker

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and not just I just don't just study

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economics and history I try to get as

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many different opinions and Views and

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you know kind of backstory as I I can

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again back from my South African

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background right um and I love I love a

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contrarian kind of views too because it

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challenges your thinking um and then I

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came across my mom actually gave me a

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book while I was

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while I was playing in that League to

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read on the road it was Rich Dad bat by

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Robert Kaki yes and um it just

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completely blew me away it's a purple

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book moment that I that I call or refer

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to um and in it it just open an

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incredible world of opportunity and

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number one I'm blowing away about being

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in the states and seeing what's going on

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here uh and then number two you have

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that book and it's like hey you're a not

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only are you in a different environment

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that provides endless opportunities

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here's a different Paradigm to adapt to

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and uh I finished the book I took action

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I bought my first property within six

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months wow uh after reading that book

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and the you know the in hindsight if I

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look back now it was a blessing being so

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young to do that because you don't know

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what you don't know and you're just like

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I'm gonna go for it let's do this um and

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I had that sport mentality too that you

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know I'm gonna like I'm G to figure this

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out and I I can I can grind this out and

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put in the work I'm not afraid of put in

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the work so um uh I put some tenants in

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and I I I used the the funds that I made

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playing sports I used that I actually

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bought a property um back in South

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Africa my first property um and this was

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in a in a town uh that a lot of people

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were moving to that commuted it's it's

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it's in the um K Town metropolitan area

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and a lot of people were moving to that

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part um for Comm because it's a pretty

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short commute to Cape Town it's

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beautiful beach um and it's kind of like

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still it was very untapped up and coming

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so I I put some tenants in there some

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renters and they paid rent um collected

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the rent paid all the bills associated

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with it and at the end of the month

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there was money left over and I looked

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at this and I'm like are you kidding me

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just like in the book this is

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incredible it works yeah and then and

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then I said how many times can I do this

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like you do how many times can I do this

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because if I have this and this produces

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you know cash flow how many of these um

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places can I can I buy um and then of

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course school starts right then you

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learn hey sometimes people don't pay and

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those bills still got to get paid hey

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sometimes people CA damage to property

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fun fact right real estate advancers are

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probably laughing um you get un

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undesirable tenants you know you get

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there's a lot of Challen alleng us um

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but I think like that moment um and

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having that success that really like

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that was the light bulb the second light

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bulb that I had and and I read Rich Dad

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Poor Dad every year that book when the

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students

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ready uh the teacher

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appears right I read you know I have the

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philosophy we in especially in the world

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of personal development people talk

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about as reading as many books as

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possible sometimes and I listen i i f my

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head with knowledge and I've got my

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audible subscription and you know I've

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got books all over the house and read it

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I get it I'm on board but sometimes

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reading the great the greatest books

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more than once and often is is better

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than just trying to reach as much as you

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can and that definitely that definitely

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strike that chord with me because um I

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re I think it was the third or the

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fourth time that I read it the lesson I

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got from the first time was cash flow

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the second lesson was hey these

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financial statements all these

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liabilities that's on this is someone

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else's

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asset whose assets are these and then

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I'm like it's the

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banks and then I look at this and I'm

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like the banks have this all figured out

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all of this yes and I just and I was

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just mesmerized I couldn't believe that

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Epiphany I started reading about our

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banks function I had a a couple of

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friends that were working investment

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banking at that stage um you know they

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had grown up jobs at that stage I was

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still playing sports and just studying

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and you know doing real estate uh so I

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was learning from them um and then I you

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know I I I came to the conclusion that I

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I gotta I gotta become my own bank I

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gotta be the bank and I've got to create

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my own banking system you know and and

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just to bring like the lesson for folks

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home is you know uh Nelson Nash that

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wrote becoming your your um your uh

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becoming your own Banker he uh he shared

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with me and it was a great mentor of

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mine a light Mentor a fantastic human

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being but he he always talked about like

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the Earth being this one giant pool of

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water and he shared that it's all water

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right it's it's the the oceans are all

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connected and then you have the rivers

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which are on land but connected to the

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oceans you have underground water which

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is connected to the rivers which is

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connected to the oceans it's like George

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castanza pipes everything they're all

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connected but anyway um it's all

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connected and when the Earth Eats up

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there's condensation clouds form it

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comes back down and the water goes back

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into the oceans the rivers the

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underground water and it's all connected

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it always comes back to that one pool of

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water and if you look at banking the

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same way it's the exact same thing where

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the commercial Banks think about it they

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have a giant pool of capital and capital

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always always leaves their pool but it

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comes back to them I'm going to buy that

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real estate property and what am I going

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to do oh I'm gonna get a loan from A

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bank and then I'm gonna put a down

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payment down and then I'm gonna use the

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loan to to close and guess what the

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person that I'm closing with is

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receiving the capital and where does

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that person put it in a bank back in the

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and it's just switching right so it's

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always leaving but it's always coming

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back so anyway so when down and and

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that's kind of the journey with infinite

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banking that I that I that I combined

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with real estate investing and investing

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in other businesses and an alternative

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Investments so that was this the second

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part and then I started in single family

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and this is what I would want to share

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with folks and what I realized is and

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this is you mentioned Dan Sullivan you

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know the who not how is a fantastic book

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um but what I started to realize was and

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this was through you know my journey uh

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in real estate I had one stage at a

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broker's license I was working for a

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friend while I was while I was playing

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sports because I was unemployable right

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yeah somebody's going to hire you and

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you travel all the time and play sports

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all the time so I had a friend that um

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came from a family uh they owned a ton

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of multif family real estate um we

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became really good friends and he's like

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listen if you are looking for something

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to do come and you know come and work

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for us you file in when you're here you

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when you're gone it's fine so I

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literally started picking up trash on

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their properties for them that's where I

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started you in multi wow so talk about

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started right at the bottom and again

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immigrant mentality

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opportunity

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opportunity so I figured you know I'm

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gonna start absolutely I started right

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at the bottom picking up trash

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eventually I was like part of like

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maintenance I was uh turning over

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Apartments I eventually managed um over

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a th000 units for him I had my broker's

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license I was part of an acquisition

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team doing all the this kind of while I

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was playing sports and I'll never forget

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the one time that um I was there was

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this one real estate investor had a huge

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portfolio of multif Family Properties

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that he wanted to sell and I was cold

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calling cold calling and going after

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this specific invester and then one day

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I got in early in the office and he just

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left my friend who was his partner uh he

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owned the the real estate brokerage they

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had a bunch of companies just like you

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guys you know that brokerage and

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management all this kind of stuff um and

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um I'm like what just happened like

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there has to be a lesson here because

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this is pretty brutal of like me chasing

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this person and not getting getting

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there well these people my friends they

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were cashlin in just in that area they

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basically nothing moved on that specific

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side in the north side of Chicago in

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real estate multif family real estate

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and Commercial Real Estate without those

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guys knowing and everybody knew them uh

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they had it all wrapped up if somebody

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was selling they would go to them they

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would either buy it cash close it and

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and add that to their portfolio or they

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already had a buyer for it and they

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would just wholesale it to someone else

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and then I started to look at this and I

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said this is ridiculous how do I these

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these people are Cash Loan in just I

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can't and then the second question then

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you know because the quality of your

play28:21

life is determined by the questions that

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you ask yourself not the answers and I

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said well how how do I then partner with

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these

play28:30

people and you know in my freedom

play28:32

Journey yeah it was a struggle with the

play28:34

single family and starting up and

play28:37

investing in smaller business and

play28:38

smaller deals but when I really really

play28:41

started to get traction on my freedom

play28:43

Journey was that switch in my mindset

play28:45

because now all of a sudden I realized

play28:48

that hey why don't I invest I can do

play28:51

invest with the best operators in the

play28:53

best deals in the best markets and in

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some projects I can be a general partner

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if I add value and I bring something to

play29:01

the table besides Capital right I can

play29:03

work in the deal um or I could just be a

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limited partner and invest that way and

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then and I looked at that and I'm

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like this is how I can this is how I can

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build out a diversified portfolio in

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alternative Investments I don't have to

play29:19

be the guy I can just be the person

play29:23

managing my own stuff and diversifying

play29:25

it spreading it with different operators

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in the with the best investments in the

play29:29

best markets so that's what I continue

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to do um I I build my business producers

play29:35

wealth what's it now 2023 we're in lost

play29:39

track of time I I I I started building

play29:42

it in 2014 so it's almost been 10 years

play29:46

but so we help um business owners and

play29:48

investors do infinite banking across the

play29:49

United States um and then I started a

play29:53

podcast cash flow ninja which is just a

play29:55

passion project learning more about Al

play29:57

alternative Investments and meeting

play29:58

incredible people such as yourself um

play30:01

and that turned into I mean it just I

play30:03

never could have thought uh it turned

play30:06

into what it turned into I mean like 180

play30:09

countries millions of downloads you know

play30:12

it's it's turned kind of into an

play30:14

educational company with books and you

play30:17

know Ed educational courses and all that

play30:20

kind of stuff in Mastermind so um what I

play30:22

then ended up doing was the blueprint of

play30:26

like generating capital

play30:28

in these businesses and then investing

play30:30

it into something that pays me to hold

play30:33

it reduces my taxes and appreciates over

play30:36

time and I just kept rolling that

play30:38

snowball and um I would say it's the the

play30:42

the discipline you have to be very

play30:43

disciplined to do this it's

play30:45

like it's almost like where how do you

play30:49

where do you want to be in 10 years 10

play30:51

15 years and then that's how you should

play30:53

live right now you know you can't like

play30:56

be like oh I want to be financially free

play30:58

sitting on the beach drinking my ties

play31:01

and just checking my laptop now and

play31:02

again but everything that's coming into

play31:04

your economy you're just spending it

play31:06

right and and the the successful people

play31:09

that I that I saw and met and learned

play31:11

from they started by investing 10% or or

play31:14

putting 10% away of the money that comes

play31:16

into their income increasing it to 25 I

play31:19

mean some of them end up at 90% and

play31:21

people would be like why would you how

play31:23

would you like you know live off 10%

play31:26

what they didn't raise their uh their

play31:29

living standard significantly because

play31:31

they knew where they wanted to be 10 15

play31:34

20 years down the line so they figured

play31:38

I'll just keep snowballing I'll keep

play31:40

making money in my

play31:41

businesses investing in these

play31:44

Investments alternative Investments you

play31:46

know as and and I did as a GP in some

play31:49

and I did as a limited partner in others

play31:52

and you just snowball that and keep on

play31:54

snowballing that's that's all we you

play31:56

know that's all we achieved freedom and

play31:58

and and freedom is um I think people

play32:00

should ask themselves what that means to

play32:02

them I think it's a very very important

play32:04

question because it means different

play32:06

things to different people you know

play32:08

obviously freedom of time um money

play32:11

relationships purposes Dan Sullivan

play32:13

talks about um but

play32:16

also what is your what is your life want

play32:18

to look like you know it's it's kind

play32:20

it's very it's amazing to to live within

play32:23

purpose do what you want to do be a part

play32:26

of your your children children's lives

play32:27

every single day coach little leag

play32:29

sports teams you know being be that Dad

play32:33

which I've always wanted to do that's

play32:34

what freom means to me um you know and

play32:38

like what you guys mentioned do location

play32:40

do if you I have family in South Africa

play32:42

if we want to go to South Africa for a

play32:44

couple months and take off let's do that

play32:46

um so yeah you have to be very very

play32:49

clear of what it means to you before you

play32:50

kind of map out and build kind of this

play32:53

blueprint um

play32:55

otherwise uh you can't you can create

play32:58

another prison for yourself which I did

play33:00

by the way the first two years I built

play33:01

producers wealth you know 20 like I

play33:04

started in 2014 but I would say like

play33:06

from 2014 to like 2016 it was kind of a

play33:09

prison that I tried to escape from and

play33:11

had to break it all down and rebuild it

play33:14

um when I finally got it rebuilt that's

play33:16

when cash like I could do passion

play33:18

projects like cash and ninja right

play33:21

that's right so you have now space to do

play33:24

other things um but yeah it's I think

play33:27

like the the definition of freedom and

play33:30

I'll I'll throw something else in there

play33:31

too and I know I've rambled on for a

play33:33

little bit so I'll pause for a second

play33:35

but another thing that I will add to

play33:36

Freedom too and this is something we've

play33:38

been talking about quite a bit in our uh

play33:40

community and in our network is yes

play33:44

Freedom that's that's the first Target

play33:47

and alongside with freedom too which has

play33:50

become really important is this concept

play33:53

of

play33:55

sovereignty um because you can be free

play33:58

and not sovereign as most people found

play34:00

out in 2020 there's a lot of people that

play34:02

I know that were financially free but

play34:04

all of a sudden because they haven't set

play34:07

up their lives a certain way they didn't

play34:10

feel that free for a couple of years you

play34:13

know starting in 2020 so um I think that

play34:17

should be an intention too so what does

play34:19

that mean well how decentralized can you

play34:22

be from systems and and I'm not talking

play34:27

about like 100% decentralized I'm

play34:29

talking about um setting up your life in

play34:32

a way that if there is a Black Swan or

play34:37

you know a uh a gray Rhino as we call

play34:39

them in Africa things you can see coming

play34:41

you can hear them you can hear those

play34:43

footsteps uh it's not a Black Swan out

play34:46

of the blue um when those things happen

play34:49

then you're not that impacted so I'll

play34:51

give a couple of examples because people

play34:53

are like what are you talking about well

play34:55

how independent are you with regards to

play34:58

food and

play34:59

water what happens if uh for

play35:03

example food stores run out of food or

play35:07

you know water gets shut off or the

play35:09

power grid goes down you know this is

play35:11

the this is the African and me coming

play35:13

out again uh because we that's people in

play35:16

Africa they This Is How They This Is How

play35:18

They Live and you know uh we have had

play35:21

we've had uh rolling blackouts to where

play35:23

my parents are now for years so uh

play35:26

sovereign has become a big thing for

play35:28

them they've set up their life and build

play35:29

it so that it doesn't affect them they

play35:31

have solar they have uh they they have

play35:35

generators uh they have a if they don't

play35:37

grow their own food they have access to

play35:39

Farmers and relationships in their areas

play35:42

they have their own source of water and

play35:44

and and those kinds of systems and then

play35:46

their own way to protect themselves in

play35:47

the in their family so um when it comes

play35:50

into wealth a lot of people miss that

play35:52

kind of part but I think like it's also

play35:54

important that with the freedom to bring

play35:56

in this sovereignty uh because you know

play35:58

you have a combination of those two

play36:00

things I think you you you're going to

play36:02

have a pretty incredible life yeah I was

play36:05

about to say you're living a pretty good

play36:06

life if you've got both of those um I

play36:08

love that it's uh so uh flip and I um

play36:11

when we're doing talks on stages we talk

play36:13

about a lifestyle blueprint and you um

play36:16

reference this a little bit when you're

play36:18

talking about defining Freedom asking

play36:20

what Freedom means to you and so we give

play36:22

people like six boxes and we say here's

play36:24

the six things that you want to look at

play36:25

in your life what is it that you want or

play36:27

more importantly what is it that you

play36:29

don't want um so I'm going to uh read

play36:32

your quote here um successful

play36:34

entrepreneurs enjoy enjoy Four Freedoms

play36:37

the freedom of time the freedom of money

play36:39

the freedom of relationship and the

play36:41

freedom of purpose and that was a Dan

play36:42

Sullivan quote um so tell us a little

play36:45

bit about how you defined Freedom um in

play36:48

your boxes especially as it relates to

play36:51

um the freedom of relationship in in

play36:53

purpose because we talk about time and

play36:55

money a lot right but um talk to us

play36:58

about the relationship and purpose part

play36:59

that might help um some of the people

play37:01

listening be able to really Define that

play37:03

for themselves as well those are

play37:05

multipliers in your life too massive

play37:08

multipliers and uh what I mean by that

play37:11

is the thing is with relationships is

play37:13

you don't have to do something with

play37:15

people that are not aligned not with of

play37:18

the same mindset not philosophically

play37:21

aligned or people that you don't want to

play37:23

hang out with you know what I mean I me

play37:26

um let's call it what it is uh you do

play37:29

things with people that you enjoy that

play37:31

are of similar mindset on the same page

play37:34

philosophically aligned um have the same

play37:37

worldview and you enjoy their company uh

play37:40

and because of that you find you know

play37:43

again you know what do you want what

play37:44

don't you want once you start cutting

play37:47

out a lot of that and now because of the

play37:50

freedom that you have you don't have to

play37:52

do something with someone that uh is

play37:54

sucking more energy than adding more

play37:56

energy in your life um it's incredible

play37:59

it's a multiplier can you imagine and a

play38:02

lot of people can probably relate to

play38:03

this um but can you imagine cutting out

play38:06

all of the relationships where there's

play38:08

an energy drain and fill them with other

play38:11

relationships just like the ones that

play38:12

you have that add that that energy to

play38:14

your life it's a and and by the way all

play38:17

those people they know other people that

play38:20

continue to add energy to you you know

play38:22

you mentioned Keith winold in the

play38:24

beginning great great human being

play38:27

uh Keith's fantastic so you know he

play38:29

introduced us it's all of a sudden it's

play38:31

like I I I love doing stuff with Keith I

play38:34

I love doing stuff with you guys so it

play38:36

it brings up the energy so that's a

play38:39

multiplier and then it's the same thing

play38:41

with purpose there's a lot of stuff and

play38:43

I'm the first person to say this you're

play38:46

gonna have to do stuff that you don't

play38:48

want to do in life that's life I mean we

play38:51

all got to deal with

play38:53

it occasionally we still do we still do

play38:56

even though we have freedom and

play38:58

sovereignty there's still some things

play38:59

that you got to do that you don't really

play39:01

want to do um but for the most part if

play39:04

you can make that switch and the

play39:06

majority of the stuff let's just say you

play39:09

know uh 90% or higher is in purpose of

play39:13

what you are aligned with that drives

play39:15

you that motivates you that are things

play39:17

that you're good at that you enjoy doing

play39:20

um and things that are your gifts I mean

play39:23

just think of the multiplier effect

play39:25

there it's just crazy there's if if you

play39:28

do a Time inventory the stuff that you

play39:30

spend your time on if it drains your

play39:32

energy and adds to your energy and is

play39:33

within your unique ability using another

play39:36

term that Dan Sullivan uses versus stuff

play39:40

that you're not really good at uh it's a

play39:42

multiplier because most people start

play39:44

with man I only really do 20% of things

play39:47

that are like aligned with my purpose

play39:51

that things that I'm good at and you my

play39:54

response would be like yeah nowy try and

play39:56

cut out that that other 880 and now do

play39:58

100% of it and you'll 5x everything

play40:01

you'll 5x you'll 5x uh you know

play40:05

productivity your energy levels and

play40:07

everything else it's like a you know

play40:09

it's everything else will benefit from

play40:11

it in your life your business your

play40:13

Investments your family

play40:15

everything yes 100% true um one of the

play40:18

other things that you said that really

play40:19

hit home for me was um you are the only

play40:23

thing holding yourself back well well we

play40:26

had to uh find a spot where we could go

play40:28

in there and go

play40:30

cut because between uh MC and Danny I

play40:33

don't know who talks faster um I was

play40:36

holding on by one finger over here uh

play40:38

but uh wow just wow that that was I mean

play40:42

like I said we we had to find the spot

play40:44

to cut it uh but that was there's just

play40:46

so much energy um in and uh I I just I

play40:51

love it like I said before uh before the

play40:54

interview you know I love his accent I

play40:56

love love you know but then uh then just

play40:58

listening to him talk and listening to

play40:59

his story uh you know it's just uh yeah

play41:03

like like you said I don't take things

play41:04

for granted but um wow maybe I do yeah

play41:07

yeah I have a new level of gratefulness

play41:09

for Living in America um and the

play41:12

abilities we have right at our

play41:14

fingertips I mean when he said count how

play41:17

many people have just become you know

play41:20

millionaires or billionaires I think he

play41:22

used billionaires billionair um you know

play41:25

that have just come to America that you

play41:26

can just you can create whatever it is

play41:28

that you want to create you have the

play41:29

opportunity to create here you're not

play41:31

stuck in a um a class of um you know

play41:35

family or person um based on uh your

play41:39

parents and you know what they do for a

play41:41

living um and then not have the ability

play41:43

to do what you want to do um which is

play41:45

the story for many um you know

play41:47

foreigners um and so Coming to America

play41:50

really um I think it made me it's not

play41:52

that I think that I wasn't grateful or I

play41:55

I wasn't taking or I was taking things

play41:56

for granted it was I just didn't realize

play41:59

how special it is you know and how

play42:01

special it is for people coming to

play42:03

America from other places where they

play42:05

can't do what they can do here so man

play42:07

that was just a powerful story and um

play42:10

when he said the only thing stopping you

play42:13

um is you is you yep yep uh well you

play42:15

know it's it's h i mean you and I have

play42:17

had a coaching program in the past and

play42:19

uh um one of the reasons why it was

play42:22

draining on us is because we would pour

play42:24

out ourselves to people and they

play42:27

wouldn't do anything yeah right uh and

play42:30

it was just it was such a drag as the

play42:32

teacher CU you know that whole you can

play42:34

lead a horse to water right and uh and

play42:37

so but just hearing the story that his

play42:39

mom bought him a book and it was the

play42:41

Rich Dad Poor Dad book and so what did

play42:43

he do he bought a house six months later

play42:45

you know he he got the book read the

play42:47

book and just like oh yeah well that's

play42:49

all you got to do is byy go buy a house

play42:51

so I he went and bought a house action

play42:53

he took action and and like it's like

play42:56

well there's there's that's the key

play42:57

ingredient to those Millionaires and

play42:59

billionaires um you know and and it's

play43:02

because they take action they do it

play43:04

regardless of the situation yeah um and

play43:07

so I just I love that story that that

play43:09

was uh his quote with what he said when

play43:13

the student is ready the teacher appears

play43:15

yes uh and so because he reads that book

play43:18

every year yeah yeah um I I I remember

play43:21

as well uh he used into sports and he's

play43:23

talking about you know U people who are

play43:25

into sports like they they know how to

play43:27

go out there and take action they know

play43:28

how to get out there and do it um and

play43:30

you know he uh was talking about you

play43:32

know coming to the United States he was

play43:33

like all you got to do is bring your

play43:34

talent and your work e work ethic that's

play43:37

it and then you can become and create

play43:38

anything that you want um and uh he his

play43:41

freedom story truly shows it like look

play43:43

where he is today um and look at the

play43:45

circle of people that he's around and

play43:46

look what he's created just based on his

play43:48

bio um I thought it was really really um

play43:51

incredible I was excited to have him on

play43:53

and I'm so thankful that you know we've

play43:55

been able to bring him you know into our

play43:56

Network um so one of the other things uh

play43:59

that he was talking about was just his

play44:01

freedom Journey um and partnering with

play44:05

uh other operators to be a GP where he

play44:08

could contribute value so for whatever

play44:10

um talents that he does have an

play44:12

experience and knowledge that he does

play44:13

have on some deals he's choosing whether

play44:15

he's going to be an LP or a GP so for

play44:17

those of you who might might be new and

play44:19

and um to that language LP is a limited

play44:22

partner and GP is a general partner um

play44:25

and that really is relating to

play44:27

syndications um and a syndication is

play44:29

when um you want to buy a property but

play44:32

um you can't do you can't do it all on

play44:34

your own it's like it's a big property

play44:36

um and it's going to take uh multiple

play44:37

investors maybe it's going to take three

play44:39

or4 million do and you don't have three4

play44:42

million liquid so you're going to have

play44:43

to invite some other investors into the

play44:45

opportunity you're going to have to have

play44:47

an operator you're going to have to have

play44:49

um an asset manager you're going to have

play44:51

to have a team um that's going to be

play44:53

able to underwrite the deal um you're

play44:55

going to have to have uh people who are

play44:56

going to raise the capital and have that

play44:58

Network so you have to have all these

play45:00

pieces of the puzzle in order to do

play45:01

these really really large deals and it

play45:03

allows multiple people to ultimately get

play45:05

together and be a part of a deal that

play45:07

otherwise they didn't think they were

play45:08

going to be able to do um ever and so

play45:11

you could say hey I'm part owner of a

play45:13

$10 million property you could never do

play45:15

that on your own but you're either an LP

play45:17

a limited partner meaning you invested

play45:20

money into the deal as a passive

play45:22

investor and now you're part owner of

play45:25

the that owns that uh property or

play45:28

properties depending on uh the the

play45:30

particular deal and then or you could be

play45:32

a GP which is a general partner which

play45:34

means you have to be an active member of

play45:36

the deal an active member means that

play45:38

you're doing something you're doing

play45:39

underwriting you're doing due diligence

play45:41

you're part part of the property

play45:42

management team or the asset management

play45:44

team or you know operations of some sort

play45:46

um and so there's different roles that

play45:48

you get to play and so he was talking

play45:50

about that he really found um true

play45:53

Freedom when he started doing that and

play45:56

started taking part as either an LP as a

play45:58

passive investor or a GP as an active um

play46:02

part of those bigger deals and I thought

play46:03

you know that's just a a story that we

play46:06

hear a lot you know um people sometimes

play46:08

go into the single family Arena first

play46:10

and start doing those properties and

play46:12

then um as they Network and meet more

play46:14

people and depending on their

play46:16

aspirations for how how big they want to

play46:18

get um they make some decisions about

play46:20

whether or not they're going to be a

play46:21

passive investor or an active investor

play46:23

and then they go you know to um they

play46:25

kind attracted or drawn to the types of

play46:28

Investments that you know really uh

play46:30

they're passionate about they enjoy

play46:31

being involved in so um I thought that

play46:33

was really really neat yeah um because

play46:35

I've just seen that um happen so many

play46:38

times and to watch him in his journey

play46:39

and what he went through he started off

play46:41

as a maintenance technician yeah so one

play46:43

of the things he said is you know you're

play46:45

G to have to do stuff you're going to

play46:47

have to do stuff that you don't want to

play46:49

do in life y you're going to have to do

play46:51

it and then he tells a story about how

play46:52

he started uh working for this you know

play46:55

these the big dogs as a maintenance tech

play46:58

he was walking around picking up garbage

play47:00

yep yep y so you're going to have to do

play47:02

stuff that you don't want to do yes um

play47:05

and then the last thing that I really

play47:06

wanted to point out from this particular

play47:08

episode was um The Snowball Effect um I

play47:11

love that he use that analogy because

play47:12

I've used it so many times um when

play47:14

people will be in masterminds and people

play47:16

will come up and just be like Danny how

play47:18

the heck do you guys do so much like

play47:20

you're always just accomplishing so much

play47:23

and I literally go it's the sball

play47:27

effect um it's literally just putting it

play47:30

on my plate and when I put it on my

play47:31

plate I have to put it somewhere it goes

play47:33

on my task list it goes on my calendar

play47:35

it goes somewhere um because I don't

play47:37

want to start something and then let

play47:39

somebody else down by by me not doing my

play47:42

part so I I I stick it on something that

play47:44

holds me accountable to taking the

play47:46

action so that it can get handed off to

play47:48

the next person who takes the next step

play47:49

and and I just never you know drop the

play47:52

ball in that regard and sometimes that

play47:54

means longer days than than us ual right

play47:56

so sometimes we don't want to work 9 10

play47:58

12 14 18 hour days but sometimes you do

play48:02

because it's uh it's a part of growth

play48:03

and it's it's a part of the journey um

play48:06

and so I love that he he talked about

play48:08

that Snowball Effect because you never

play48:10

really realize um how that compounds um

play48:14

it's why we one day went what look at

play48:19

look at all this well where did all this

play48:21

come from yeah it's amazing how much you

play48:23

can build when you're just you got your

play48:25

blind ERS on and you're focused and

play48:26

you're somebody who is willing to hold

play48:29

yourself accountable to doing the right

play48:31

things um and sometimes you're not doing

play48:34

the right things and you have to adjust

play48:36

um and you and you have to be the person

play48:38

that is okay with that and go woo I was

play48:40

not okay I don't want to be going down

play48:41

that way I want to be going down this

play48:43

way let's shift adjust and and adapt um

play48:46

and if you're that type of person then

play48:48

anything is truly possible um and so

play48:50

anyways I'm really excited um we are

play48:53

privy to know what part two uh is about

play48:56

but we can't talk about it so this was

play48:57

actually G to lead me into something I

play48:59

was like oh that's total spoiler alert

play49:01

so um there's some really cool things no

play49:04

idea what's happening in part two he's

play49:06

there's some really cool things that

play49:07

he's going to be talking about in part

play49:08

two that you are just going to love um

play49:10

there's so much value that MC brings to

play49:12

the table and his story is so incredible

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that um I'm just thankful that we were

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able to have him on and I'm thankful to

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Keith that he introduced us um and again

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I'm not going to spoil why I just said

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that so uh uh let's talk about real

play49:25

quickly what going on in our world um so

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TurnKey deals flip TurnKey properties

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yes uh for any of you out there that

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don't know what this is uh these are

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done for you TurnKey real estate

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properties these these properties are

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cash flowing uh when you close on them

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uh you know they're they're not uh

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they're not marked up in price uh or

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anything like that these are they're

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sold at Value uh you know in in

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Southwest Ohio here uh and uh they're

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great cap rates are great cash on cash

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depending deping on whatever you're

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looking for um and uh it's a great uh

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entry point yes you know an investor and

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we always talk about passive investing

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and active investing uh TurnKey real

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estate is kind of a a morph of those two

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yeah it's uh actively passive and

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passively active uh because there's some

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things you have to do but there's some

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things a lot of things you don't have to

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do uh and as and depending on the

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resident in in your property sometimes

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it'll go without you doing anything um

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and so so it really goes it es and flows

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um as far as what you have to do with

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the property but it's a great entry

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point uh again we take care because

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we're vertically integrated we take care

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of everything from the rehab to the

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property management um you know so

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everything's handled uh with us and uh

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by our our family of companies uh but we

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have some great properties available uh

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and going into the new year I keep

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getting emails from more and more people

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that that tell me that they know way

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more about me about the uh economy and

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about the the markets and well because

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everyone knows more about those than me

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uh and and so everything's looking you

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know it looks like it's on its way up

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I'm not going to say anything I have no

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idea cuz I I have no idea we never

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pretend to have that crystal ball know I

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don't I let people I let other people

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talk about that type of stuff yep and I

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get a lot of emails that of those people

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telling me about those things

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so

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I love it yeah so if you'd like to learn

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more um about the turnkey properties

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that we do have available um you're

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going to want to reach out to Jr um he

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is fantastic he's on our investor

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relations team you can get in his

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calendar by going to chat withth

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freedom.com and just scrolling down and

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look for Jr's calendar and he's going to

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be the one that's in charge of all our

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inventory um and even if you don't like

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turny we've got properties that you can

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bur so buy rent refinance uh repeat and

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so those are great opportunities where

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you can get some Equity um we're rolling

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out a lot of um things we continue to

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just um you know provide Excellence

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where we can our word for the year um

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and you know uh innovate based on your

play52:03

feedback and then um and also you know

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how are we doing on the podcast so um

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that we've we I'm not even sure what

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episode that we're on but um I'm excited

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that we're going into the new year and

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and freedom show has been really really

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um exceptional in terms of the very

play52:18

first time for us bringing on guests um

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so we're excited to hear from you if

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we're doing great please just go to the

play52:23

and give us a review on um iTunes or

play52:26

wherever that you see it um and if

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you've got some feedback on maybe

play52:29

somebody that you'd like to hear from or

play52:30

things that you'd like to do then just

play52:31

shoot us an email um and you can email

play52:33

us at invest freedom family

play52:35

investments.com and we would love to

play52:37

hear your feedback um so that we can

play52:39

incorporate it um into future episodes

play52:41

but that's all I've got flip that's all

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for me too all right we'll we'll see you

play52:45

next Wednesday bye everybody

play52:50

[Music]

play52:52

bye nothing on this show should be

play52:54

considered specific personal or

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professional advice please consult an

play52:58

appropriate tax legal real estate

play53:00

Financial or business professional for

play53:02

individualized advice opinions and

play53:05

information on the show are not

play53:06

guaranteed all investment strategies

play53:09

have the potential for profit or loss

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