Learn How Robert Kiyosaki’s Famous Book Changed His Life!

Summary

The transcript of the Freedom Show podcast features an in-depth discussion with MC Lobster, delving into the intricacies of wealth management, risk assessment, and strategic investing. MC emphasizes the importance of understanding 'wealth maps', which are frameworks to navigate economic cycles and make informed investment decisions. He shares personal anecdotes about overcoming challenges, the significance of embracing failure as a learning opportunity, and the value of nurturing relationships that inspire and motivate. The conversation also touches on the impact of technology like AI and robotics on future job markets and how these advancements will reshape real estate investing. The host highlights the upcoming 'Freedom Blueprint', a tool designed to guide investors from their current financial state to their desired goals, providing clarity and a structured path for passive investing.

Takeaways

• 📈 **Risk Management:** Investing is essentially a risk management business; understanding and navigating through various economic and market cycles is crucial for successful investing.
• 💡 **Education:** Knowledge of how to maximize growth through tax-advantaged retirement accounts is important for investors looking to deploy their funds effectively.
• 💼 **Business Structure:** A smaller, family-like company structure can provide a more intimate relationship and better access to decision-makers, which is appealing to some investors.
• 🏡 **Real Estate Investing:** Experienced real estate investors look for companies with a boots-on-the-ground approach and vertical integration for reliable investment opportunities.
• 💹 **Market Timing:** Being aware of the right time to invest is key; for instance, going all-in at the start of 2008 would have been a poor decision due to the market conditions.
• 💭 **Mindset:** Embracing failure as part of the journey to success is important. Learning from failures and using them as stepping stones to achieve goals is a common trait among successful people.
• 🤝 **Relationships:** Building a network of relationships that inspire and energize you can significantly contribute to your success and personal growth.
• 🌍 **Geographical Freedom:** The ability to live and work from anywhere has changed the real estate market, allowing for more flexibility and global talent acquisition.
• 🚀 **Future Trends:** Technologies like AI, robotics, and 3D printing are expected to revolutionize various industries, including real estate, creating new opportunities and challenges.
• 💰 **Capital Preservation:** In certain economic climates, it's more strategic to focus on preserving capital rather than aggressively pursuing growth.
• 🧐 **Due Diligence:** Conducting thorough due diligence and verifying trust is essential in making informed investment decisions and avoiding potential pitfalls.

Q & A

What is the importance of understanding economic cycles for an investor?

Understanding economic cycles is crucial for investors as it helps them to manage risk effectively. It allows them to recognize the current stage of the market and adjust their investment strategies accordingly, whether to be more aggressive during growth phases or more conservative during downturns.

Why did the guest on the show mention the significance of having a blueprint for investments?

A blueprint for investments acts as a roadmap, guiding investors on their journey towards financial goals. It helps investors visualize where they are, where they want to go, and how to get there by breaking down the steps and making necessary adjustments along the way.

What does the term 'wealth maps' refer to in the context of the show?

In the context of the show, 'wealth maps' refers to the frameworks or cyclical patterns that investors can use to navigate their financial journey. These maps include understanding empire cycles, currency cycles, economic cycles, and market cycles, which are essential for effective risk management and investment decision-making.

Why did the guest share the story about the retired couple looking to invest their retirement funds?

The story of the retired couple was shared to illustrate the kind of investors that are attracted to their investment company due to its family-like structure, accessibility, and integrated approach. It also highlights the importance of building relationships and trust in the investment world.

What did the guest mean when they said that investors are essentially in the 'risk management business'?

The guest meant that while investing is about growing wealth, it is equally about managing the risks associated with investing. Investors need to be aware of market conditions, economic cycles, and other factors that can impact their investments and make informed decisions to mitigate potential losses.

What is the significance of the 'get real' segment in the show?

The 'get real' segment is significant as it encourages a candid discussion about the challenges, failures, and learning experiences in the journey of investing and business. It serves to humanize the hosts and guests, showing that success is often built on a foundation of perseverance through failure.

How does the concept of 'geographic freedom' relate to the future of work and real estate?

Geographic freedom refers to the ability to live and work from anywhere, which has been accelerated by technological advancements and changes in work culture. This shift impacts real estate by changing where and how people live, as they are no longer tied to living near their workplace, leading to new opportunities and challenges in the real estate market.

Why is due diligence important when choosing an investment partner or making an investment?

Due diligence is important to verify the credibility and viability of an investment or a partner. It helps investors avoid potential scams, understand the risks involved, and make informed decisions that align with their financial goals and risk tolerance.

What is the role of 'capital preservation' in an investor's strategy during different economic cycles?

Capital preservation is a strategy where the focus is on maintaining the value of the capital during uncertain or downturn economic cycles. It involves采取措施 to protect and safeguard the capital from market volatility and potential losses, switching from aggressive growth strategies to more conservative ones.

How does the guest's experience with building a virtual business in 2014 reflect the changing landscape of business operations?

The guest's experience reflects the growing trend of virtual work environments, which has been further accelerated by technological advancements and the need for flexibility. This shift has implications for real estate, as the demand for traditional office spaces may decrease while the need for residential spaces with good connectivity and work-from-home facilities may increase.

What advice does the guest provide for individuals looking to improve their personal and professional lives?

The guest advises individuals to focus on surrounding themselves with people who energize and inspire them, as this can have a significant impact on their motivation and success. Additionally, they emphasize the importance of understanding and adapting to changes in technology and the economy to stay ahead and take advantage of new opportunities.

Outlines

00:00

🚀 Investing Insights: Cycles and Risk Management

This paragraph introduces the concept of various cycles such as Empire, currency, economic, and market cycles, emphasizing their importance for investors. It discusses the idea of being in the risk management business rather than just investing, highlighting the need for a roadmap and awareness of these cycles. The speaker, Banny, welcomes the audience to the Freedom Show and shares personal experiences, including a busy schedule and a significant investor call that shaped their perspective on investment strategies.

05:01

🤝 Building Relationships and Trust in Investing

The speaker discusses the importance of building intimate relationships in business, as illustrated by an interaction with a potential investor. The investor, a retired couple with significant capital, values the accessibility and personal touch of a smaller, family-like investment company. The paragraph also touches on the benefits of being part of a network, like Equity Trust, and the advantages of having a vertically integrated team.

10:02

💡 Embracing Failure as a Path to Success

The speaker shares personal stories of failure and the importance of embracing these moments as part of the journey to success. They discuss the risks of being overleveraged and the lessons learned from such experiences. The emphasis is on the importance of having liquidity and a cash buffer to manage unexpected challenges. The speaker also talks about the need for due diligence and the value of trusting but verifying in business relationships.

15:05

🧭 Navigating the Maps of Wealth and Risk

The paragraph focuses on the concept of 'wealth maps' as a tool for investors to understand their current position and how to adjust their strategies to reach their financial goals. It discusses the importance of being aware of cyclical patterns and adjusting one's approach to investing based on the economic environment. The risks of not having the right 'map' or strategy, such as investing at the wrong time, are also highlighted.

20:06

💰 Capital Preservation and Growth Strategies

The speaker provides insights into the balance between capital preservation and growth. They discuss the importance of having the right maps to guide investment decisions in different economic cycles. The narrative includes a personal anecdote about investing too early in the market and the教训 (lesson) learned from it. The emphasis is on being aware of the market's state and adjusting investment strategies accordingly.

25:06

🛠️ Fixing Cash Flow Leaks and Efficiency

This paragraph discusses strategies for increasing cash flow and efficiency in business. The speaker suggests looking for 'cash flow leaks' and ways to generate additional revenue streams. They also talk about building up capital and the importance of adapting to the current economic 'season'. The idea of being prepared for different economic conditions by dressing appropriately for the 'weather' is used as an analogy.

30:08

🌎 The Future of Technology and Real Estate

The speaker expresses excitement about the future, particularly in the areas of AI, robotics, and 3D printing. They share a story about witnessing early virtual meetings at an Amazon location and how that experience influenced their decision to build a virtual business. The paragraph also touches on the impact of technology on real estate, remote work, and the global talent pool.

35:09

📈 Harnessing the Power of Failure and Relationships

The speaker reflects on the importance of embracing failure as a part of the journey to success. They discuss the concept of 'freedom of relationships' and the impact of surrounding oneself with energizing and inspiring people. The paragraph emphasizes the role of supportive relationships in reducing the likelihood of failure and providing guidance when challenges arise.

40:10

🌟 The Blueprint for Success and Investing

The speaker introduces the 'freedom blueprint,' a tool designed to help investors map out their path from their current financial state to their desired future. They discuss the importance of understanding one's goals, having a clear path, and the value of having a written plan that can be adjusted as needed. The paragraph also highlights the speaker's passion for helping others navigate their investing journey.

45:11

⚖️ Risk Management: The Core of Investing

The paragraph concludes with a reminder about the importance of risk management in investing. The speaker reiterates the idea that every investor is essentially in the risk management business and stresses the importance of due diligence. They also touch on the lessons learned from failures and the value of having a team of experts to guide the investment process.

Keywords

💡Risk Management

Risk management is the process of identifying, assessing, and prioritizing potential risks to minimize or avoid negative impacts. In the context of the video, it is emphasized that investors should view themselves as being in the risk management business, not just investing. This means being aware of market cycles and economic trends to make informed decisions. The video discusses the importance of having a 'wealth map' to navigate these risks effectively.

💡Wealth Maps

Wealth Maps are frameworks or strategies that investors can use to visualize their financial journey, set goals, and plan their path to wealth accumulation. The video suggests that these maps should include an understanding of various cycles such as economic, market, and currency cycles. They act as guides to help investors make adjustments to their strategies based on the current environment, akin to how physical maps guide travelers.

💡Capital Preservation

Capital preservation is a strategy focused on maintaining the value of invested capital by avoiding loss. The video discusses the concept in the context of shifting from aggressive growth strategies to more conservative ones during different economic cycles. It emphasizes the importance of preserving capital during downturns to take advantage of investment opportunities that arise during market recoveries.

💡Capital Growth

Capital growth refers to an increase in the value of an investment portfolio over time. The video contrasts capital preservation with capital growth, suggesting that the focus should shift towards growth during periods of economic expansion when the potential for higher returns is greater. It is about chasing yields and being more aggressive in investments to expand one's capital.

💡Cash Flow Efficiency

Cash flow efficiency is about maximizing the cash generated by a business while minimizing cash outflows. In the video, the concept is discussed as a means to build up capital and increase financial stability. It involves identifying and plugging 'cash flow leaks' in a business and finding ways to improve operational efficiency, which can lead to increased profitability and financial security.

💡Economic Cycles

Economic cycles are the recurring patterns of economic expansion and contraction that occur over time. The video underscores the significance of understanding these cycles for investors. Recognizing the stage of the economic cycle can inform investment decisions, such as when to focus on capital preservation versus capital growth, and how to adjust strategies accordingly.

💡Real Estate Investing

Real estate investing involves the purchase, ownership, management, rental, or sale of real property for profit. The video discusses the experiences of investors in the real estate market, highlighting the importance of timing and market conditions. It mentions how the market has changed due to technological advancements and the shift towards remote work, affecting where and how people live.

💡Technology and Investing

The integration of technology in investing is showcased in the video, with examples such as AI-generated property descriptions and virtual meetings. The discussion suggests that technological advancements are transforming not just the way investments are made, but also the nature of work and where people choose to live, which in turn affects real estate markets.

💡Retirement Accounts

Retirement accounts are financial vehicles designed to help individuals save for their retirement. The video touches on the use of retirement accounts in investing, particularly in real estate, as a means to grow wealth while taking advantage of tax benefits. It is suggested that educating oneself on how to 'stuff' retirement accounts with money can lead to significant tax advantages.

💡Due Diligence

Due diligence is the process of researching and verifying any information that is crucial for making an informed decision. In the context of the video, due diligence is highlighted as a critical step in the investment process. It involves verifying the trustworthiness of investment opportunities and partners to avoid losses and ensure the safety of one's capital.

💡Embracing Failure

Embracing failure means accepting and learning from one's mistakes or unsuccessful attempts. The video encourages this mindset, suggesting that failure is a part of the journey to success. It emphasizes the importance of not being deterred by setbacks but instead using them as learning opportunities to improve and progress towards one's goals.

Highlights

Investors should be aware of various cycles such as Empire Cycles, currency cycles, economic cycles, and market cycles as these act as roadmaps for risk management.

The importance of having a clear vision and blueprint for investments, while also being adaptable to changing economic landscapes.

The significance of maintaining liquidity to manage unexpected expenses and the potential pitfalls of being overleveraged in real estate investments.

The value of intimate relationships with a smaller, family-like investment company, providing better access to decision-makers and personalized service.

The advantage of having a vertically integrated team that allows for boots-on-the-ground knowledge and experience in real estate investing.

The strategy of deploying retirement funds into tax-advantaged investments to maximize growth while preserving capital.

The concept of 'wealth maps' as frameworks to navigate an investor's current position and plan for future financial goals.

The necessity for investors to understand that they are in the risk management business, not just the investing business.

The shift from capital growth to capital preservation during different economic cycles and the importance of adjusting investment strategies accordingly.

Identifying and plugging 'cash flow leaks' in a business to improve efficiency and build up capital reserves.

The potential of AI, robotics, and 3D printing to revolutionize various industries, including real estate, and the need to adapt to these technological changes.

The impact of virtual work on real estate market dynamics, allowing for greater geographic freedom and changing the way people live and work.

The idea that embracing failure is a critical part of success, and the importance of learning from mistakes to progress.

The concept of 'freedom of relationships' and how surrounding oneself with energizing and inspiring individuals can contribute to success.

The importance of due diligence in investment decisions and the role of trust in verifying the credibility of investment opportunities.

The development of a 'freedom blueprint' to guide investors from their current financial state to their desired future, providing clarity and a clear path for investment.

The emphasis on the inevitability of failure in the journey to success and the importance of viewing failure as a learning opportunity.

Transcripts

you have Empire Cycles you have currency

Cycles you have economic Cycles you have

Market Cycles the these are maps that

you should take a look at as an investor

you're essentially in the risk

management business so yes you have that

road map you have your blueprint you

know how many houses you want or

Investments or passive Investments but

you also have to be aware of these

things if you went all in in January of

2008 you had the wrong

map hey everybody from Banny here

welcome to another episode of the

freedom show yes so excited to be here

with you guys today I hope you enjoyed

last week's episode with MC um today

we're going to be going into part two

but before we do that um we're actually

going to talk to you a little bit about

what's going on in our lives right now

um and uh I'm going to be sharing yes

what is going on in our lives right now

please please tell me with all these

meetings I don't know what's going on in

my life we are back to back that those

we we talked to you um last last week

about um our deep dive and so like

literally taking three hours out of our

day plus the tasks involved um and

associated with those three hours um has

really like put a dent into our um days

that we're just going back back back

back back back you know on January 1 my

uh resolution for this year was I wish I

just could take like a 4our meeting and

put it on every

day you're so funny but uh so anyways I

did run from one of our meetings um uh

to jump into an investor call uh and I

don't get on a lot of investor calls

anymore um just because uh flip and I

are doing higher level things within the

company and we just can't get on all the

investor calls um but this is a

particular investor uh who has uh quite

a lot of capital to deploy um they're

retired um and we don't even know if

they're investing with us yet but I

thought that the conversation was so um

um powerful that I would just share it

you know here I'm not going to obviously

mention who they are or anything but um

one of the things you would have loved

if you were on the call yeah yeah I'm

I'm I've got my

popcorn do tell one of the things that

he said towards the end of the call and

I'll go into some other items but I

thought of you when he said it um uh he

he was like yeah you can call or text me

anytime I'm either going to be on the

golf on the Beach golf or on the

beach nice I was like I like

thisy that is the life yes so

um a retired couple uh um they've been

in the real estate industry they've made

quite a lot of money and uh what's

interesting to me is um that they're

talking to people like us um so that's

what I really wanted to share um is the

perspective that they had and why they

were talking to us so first of all they

are looking to deploy all of the funds

that are in their retirement account and

they have quite a lot of funds in their

retirement account and why because they

got educated about how to stuff

retirement accounts with a lot of money

um that is now tax advantaged um and so

they want to put it to use um and still

you know have those tax advantages right

um and so they're like okay where do we

put this and and so they started looking

at you know the the people that that um

particular um custodian works with and

I'll just mention who it is because we

actually work a lot with them it's

Equity Trust um and and on Equity

trust's uh website they um actually show

that hey freedom family Investments is

uh one of the people that we work with

we're actually going to be doing a lot

with them here this year in 2024 um

between workshops and podcasts uh John's

going to be on our podcast um I think

just in a few weeks here um and he is

just one of the most Brilliant Minds I

have ever ever met about um um taxes and

uh tax advantage retirement accounts and

how to invest how to um maximize your

growth um he is just uh incredible and

so uh they're they've got all of their

retirement money in Equity Trust and um

they said hey we saw you so we want to

jump on the phone with you we've talked

to a whole bunch of other people too and

so um uh why we you guys have stand

stood out and why we've gotten to the

point where we asked the CEO to be on

the call um is because we really want to

work with a big Investment Company

that's actually a smaller family like

type company um where you have that

intimate relationship as opposed to not

being able to talk to the CEO or not

being able to um call somebody up and

get somebody on the phone that you've

had a relationship with or you built a

relationship with um so they like the

opportunities the big opportunities but

they like the small feel of the people

in the team that they're working with

and they like the fact that we have

boots in the ground and that we're

vertically integrated so there was a lot

of things as experienced and

knowledgeable um Real Estate Investors

that they were looking at um uh in

finding a company and like I said they

haven't invested with us as as at the

point of this recording um uh but I

could hear in his voice exactly what he

was looking for and why a team like ours

uh was at the top of the you know at the

finish line of them making this decision

um here this week or next uh week um and

I thought it was really really

incredible to be attracting that type of

people and a lot of investors don't know

what to look for it's why we have those

top three questions um uh where do you

start

which path is right for me and who do

you trust those are the three questions

of of newer investors and you're seeing

and hearing right now um experienced

Real Estate Investors um uh that have

the knowledge and have the experience

have amassed quite a bit of money and

have investing for a very very long time

and you're hearing why they chose to

talk to us why we're at the finish line

of a company um that they don't know yet

the people they don't know yet um that

they are willing to invest um large um

uh chunks of capital with and I thought

that was just something that was really

really cool um to just know myself and

just go look that is something that's

powerful um and although we don't get on

the phone with every single person um

you know if it's absolutely necessary or

if it's absolutely important to the

relationship or um anything else we jump

on webinars we jump on you know phone

calls we jump on what and we do whatever

we need to um our President Steve our

vice president Chris um like uh our uh

coo Tina like there's many team members

that people can access um and it's a lot

easier to access within a family um uh

of companies like ours because we're not

you know 200 300 400 team members right

um so I thought that was really cool I

wanted to share that there was some

other things I know that we are all

giggling oh uh the other thing was that

um yeah I brought on um our managing

director and I brought on um our

operation specialist within um FFC and

and uh at first we were like you know we

feel like we're we're bombarding him

that was kind of a question is he going

to feel like oh my gosh there's like

five people on this phone call because

even jod was on the call um and I and I

honestly from my gut said no like if I'm

an investor and you just you know took

the time out of everybody's schedule to

jump on that call because he was

investing into um uh uh syndication um

and it was going to be a large chunk of

capital and he wanted to know where we

were at in the process um and I as a CEO

don't I I can't possibly know all the

details of everything that goes on and

so I was like if we want to answer him

correctly and with the best and most

accurate information we need other

people from the team on so we just

brought them on the call so that you

know everybody was there whatever

question he had somebody was there that

was going to be able to give him the

most upto-date information him and his

wife um so it was a really cool at the

end of the call um we were like no that

was that was good that was actually an

advantage to have everybody there um and

probably a better feeling of hey yeah

these guys are accessible and they are

um here to answer questions and now I

know who these team members are um right

so um anyways it was really cool and fun

and so I just wanted to share well the

most important question about the whole

conversation that you had though does he

need another player first force him

that's all I just you know as soon as I

heard golf I was like oh if flip was on

this

call I I can uh I can hold his

clubs um well that that's I wish I was

uh I mean I I don't wish I was on all of

your meetings but but uh uh yeah that

was that that one sounds awesome yeah

and I plus I didn't need to be the

eighth person of of this small family

company in the meeting so that was great

um uh but I wanted to something the from

part one last week in MC's uh from the

part one at the his Epiphany about the

bank uh the banking system and how they

operate and how his mentor told him that

you know it's it's like the oceans and

he went into that and just it was very

interesting I was like a I never thought

of it like that that that was very cool

I mean just the whole the whole

recording I mean we recorded this a

couple months ago and and just the whole

time I was just like

my my so for you just listening and my

jaw was dropping um uh because it was

just he's and and he's one of those fast

talkers boy I wonder who else is like

that you know you got to hang on to you

know the conversations and so yeah like

I said uh at the end of the uh episode

one I was holding on with one finger

because I was between you and him I

don't know who could talk

faster well fortunately we were

interviewing him so it was uh he was

stealing the show yeah yeah

exactly well I'm super excited for us to

get into part two because there's a lot

of things that we held back on um when

we were uh recording and talking about

that episode because we knew we were

like oh we know what he's gonna say but

he hasn't said it yet so we got it wait

so we're super excited for you guys to

jump in and listen to part two of this

episode with MC um he's a fantastic guy

um man really really enjoyed talking to

him and he's got some valuable gold

nuggets for you today so enjoy the

[Music]

show and I like to um talk about getting

real um and what we mean by getting real

is not sharing you know all the success

stories all the time it's not all

rainbows and sunshine right there's

there's it's it's it's a hard it's a

hard life and it's a It's A Hard Road to

get um where we've all gotten in in

terms of where we want to be and I'm

sure like us you're probably still um

climbing to where you U may want to go

um so can you share any stories that

might help listeners um understand maybe

paths in your life where you had to

overcome a challenge um just to kind of

encourage them that we've all been there

and we're all people just like you and

if I can do it um they can

too I mean there's where do we start

there's so many um and I I feel like

I've had a lot more failures than

success and then you know a lot not a

lot of people will say that out loud and

then you talk to really really

successful people that you respect and

admire and they say the exact same thing

and I'm like oh okay

so yeah and and I will say that I have

been I have failed and continue I

continue to fail constantly um but you

you got to embrace you got to embrace it

um you gotta it's the guy that takes the

shots in sports everybody sees him

misses right but how many like and then

when you get a Michael Jordan everybody

remembers all those shots that he made

but nobody remembers all the shots that

he missed uh which was a lot more than

the shots that that he made in crucial

crucial situations but I'll share some

stories so one of the I mean like even

if I think back and and this will

probably hit home with a lot of folks So

like um shortage of capital for example

like when I started my real estate

journey and I've said all these things

and I continue to say some of them um

but one of the big things was like cash

is trash don't hold cash the dollars

devaluing we've been talking about like

this for 50 years so there's nothing new

Under the Sun and I was young and

learning about you know Banking and the

banking system and the global monetary

system and in real estate that's why I

loved real estate too um and so I didn't

hold a lot of cash and I was always

trying to buy property and then roll

cash into the next one and kind of like

it now that I look back I mean if I was

older like myself now looking at that

younger person I'm like what are you

doing like this is your your your down

to get your your hand burned here uh on

the stove you're playing with fire and

the reason I Played with Fire was I was

so overleveraged in the sense that I

didn't have

liquidity um and then that is when

disaster strikes and you only need one

and usually most Real Estate Investors

know it when it's one it's a couple it's

light R rent payments it's people

breaking stuff I mean I I had to replace

a porcelain toilet in one of my

properties I I have no idea how that

right but it did the only stuff stuff

that you can't even imagine happens at

that stage right which all costs money

so at that stage being the young oh cash

is trash well now I don't have cash now

I got to go into debt now it's all in a

credit card again so at one stage I dug

myself a pretty big hole and it's only

when I discovered then like infinite

banking where I keep cash you know in

infin banking policies where I always

have access to cash and I always have

that cushion that buffer that wind

disaster strike it's just a little it's

it's a blip and I can manage it and I

can control it and the growth isn't

interrupted so I think that's one thing

I think a lot of people can relate to

not having Capital at points um you

either got to go into debt or you have

to then partner with people if you have

to raise one or raise Capital um I think

that um you know another mistake that

I've made is also being very trusting um

and I still TR I mean I still trust

people but it's just I really do my due

diligence I do my due

diligence um and it's not just oh okay

let's you know good good old solid

handshake right um and and and most of

those by the way because humans in in in

and the way that I see the

world uh humans are inherently good

they're not bad yeah but you have do you

have bad apples yes of course you do

of course you do um you know even if you

do like pto's distribution the 8020 rule

like 80% good 20% H okay 20% of that 20%

very very undesirable characters so

they're out there but it's not it's not

uh it's not the world so the world that

I see is that there's a lot of great

people you just got to find them but

trust but verify um and do your

diligence um because you will get burnt

um and that's part of the learning

process by the way

yes

unfortunately um and then also um we've

all lost money I mean who hasn't lost

money in our business um you know so um

there's a lot of lessons to unpack there

uh from you know times that you lose

money did I was that the right deal at

the right time was it the what did I

partner with the right folks did I

really do my due diligence did I skip

something was there something in this

process that I did not execute and and

you know that's the thing is like what

did you mess up on not everybody no

don't point the fingers um again there's

no one holding you back there's no

victim mentality in my world so um yeah

how can you what could you have done

better so I mean I could go on there's a

there's there there's just there's a lot

of

failures yeah yeah I think the lesson

here on that I'm taking away is just

embrace them right um because we all

talk about um at least here on our show

we talk about our failures a lot because

we want to understand hey you can do

this too um get up and keep going don't

give up um so if you were to give um one

piece of advice to people who are still

on their Journey um what's that kind of

one uh takeaway that you would uh you

would say to them you know as an

investor you're essentially in the risk

management business and you don't most

people don't know that they think that

they're in the investing business and

they're just in oh I'm just going to

invest um you are in the risk management

business and if you look at how the top

top investors do it they all know this

they all know that they're in the

riskmanagement business and they

understand you know I call them wealth

Maps Okay so wealth Maps is like um it's

Frameworks that you can use uh to kind

of like see where you're at and where

you if you need to make adjustments to

go where you want to go so we talked

about you know you have to have a vision

you have to figure out you're here now I

got to go there um and then you have to

figure out okay how how am I going to do

that let's break down the steps but in

those steps we can all do the math we

could do the properties we could do all

that stuff um there's an environment

which we operate in and it's like you

know

taking you know trying to get from New

York to California Los Angeles let's

just say um and the map would determine

on how are you going to get there well

surely there's a Aviation map then a

railway map then a road map and then

again is your map can you make

adjustments with your map like a ways

right ways tells you hey there's an

accident up front there's tra there's a

traffic jam so we'll take a different

route but we'll still get to the same

destination or we just have to pull over

and pause our journey or you know make

adjustments so the wealth maps that I

talk about you know is a lot of like

cyclical stuff you know you have Empire

Cycles you have uh currency Cycles you

have uh economic Cycles you have Market

cycles and these are things that you

have to be these are maps that you

should that you should take a look at

and like I said as an investor you're

essentially in the risk management

business so yes you have that road map

you have your blueprint you know how

many houses you want or Investments or

passive Investments but you also have to

be aware of these things you know if you

um if you went all in in January of

2008 you had the wrong map that's right

you didn't have the right map you know

there because all the professionals at

that stage were selling they went into

Capital preservation they went into more

like kind of note plays shorter plays

that kind of stuff so you got to have

the right maps for that stuff BEC You

know again if you went all in in 2012

how would you look like now the bottom

of the real estate cycle right remember

when everybody was telling us real

estate was dead um I love that the same

that they said Tech was dead right in in

one and then Amazon and Google didn't

get the memo um so yeah so you those

maps are important for riskmanagement

and just know as an investor that risk

management is the big part of this um

because yeah yeah are there going to be

great Investments there there are so

many they're out there they're out there

in any environment by the way

uh any climate that you're in there are

great operators and great people in any

enir environment but just have the right

wealth map too and understand where you

have to take a little bit of your foot

off the gas on offense and play a little

bit more defense and sometimes you play

more offense than you play

defense yes yes I love that so you

actually naturally segwayed right into

where I was going next so thank you very

much um so I like to talk about people's

superpower and when I talk about

superpower it could be something you do

very you know uniquely great or it could

just be the field of expertise and

knowledge that you have that you can

share and you have this unique

perspective that adds value to um the

people who are listening so we've talked

about um your definition of freedom and

sovereignty I love that we just started

touching on understanding the cycles of

economy market and Empire um is the key

to protecting Freedom sovereignty and

wealth um another piece and you can

expand on that if you want if you

haven't finished talking about it but

one thing that that there's two more

things that we haven't really hit on yet

um that I would love to hit on uh the

first one of is is capital preservation

versus Capital Growth can you speak on

that a little bit absolutely so if you

have the right Maps um there are times

where chasing yields and Capital Growth

is more important than Capital

preservation and so for example if you

went out in re and bought real estate in

2002 that was a great time to chase

yields and be aggressive I and play

offense and try and grow your portfolio

and then as that cycle kind of moved

along then you start to almost like

switch a little bit more from the

offense to like in 2005 for example you

would have gone okay I'm gonna start to

I'm still playing offense but now it's

like we're we're we're we're bringing

the defense into the ball game and we're

playing more and more defense and then

essentially when you you got to uh two

you got went to 2007 you take it to a

Next Level beginning of 2008 where Bear

Sterns went down a lot of people

remember that I think it was March or

April that's when you go into Capital

full Capital preservation mode because

that was the first shoe to drop and

there was a lot of Rumblings that

there's a lot of other stuff happening

so folks can you know bring that into

like where we are now you had 2008 you

had your Leman moment in October of 2008

then if you watch the movie The Big

Short which everybody should these

things don't happen overnight Michael

bur almost went bankrupt the guy that

the that's the main feature in the movie

he was right but nobody can time this um

so then Michael bur and all these folks

were short at that point but it took a

while for this to just filter through

right and then you had your 2009 2010

you kind of had your really drop off

moment and then it kind of bottom and if

uh December uh what is it uh 2011 into

2012 so in 20 again the people that play

Capital preservation well and held on to

money and didn't have everything leverag

and all out in the in Marketplace

whether it be real estate or other

alternative assets or the the Wall

Street Market they now had a ton of

capital to run in and buy up as much

properties and and by the way I know we

talked about mistakes made I caught a

falling knife in 2009 because I didn't

understand this better at that time uh

meaning started buying real estate in in

in 2009 like middle of 2009 I wish I

wish I had an older wiser Mentor just

ringing back this young buck saying hang

on buddy hang on it's not time yet uh

but yeah so that that that I mean and

the difference between that I can speak

from experience I would have bought a

lot more real EST state in 20 what I

bought in 2009 it just still went down

like another 25 30% the market crazy um

and then of course in 2012 then you're

back you switch you switch into Capital

you know Capital Growth you're trying to

grow Capital now chasing heels you're

more aggressive uh you private lending

hard whatever you need to get properties

at that point and then you know the

cycle kind of repeats itself where where

we're at now now you know what is it 10

11 years later uh you're playing more a

little bit more defense there's still

deals out there but you're playing a

little bit more defense than overly

aggressive uh just offense all the time

and I think that's very important for

folks to understand because it might

could make a huge difference in the

trajectory of your life as far as like

Investments and growing your Capital yes

yes that is super super powerful um uh

so uh let's talk about today's market

right now um one of the things I wrote

down was um how to increase cash flow

efficiency and cash flow right now so

can you speak to to the market and what

you're doing today yes so right now um

is where I'm looking at it is we're

playing a lot more Capital preservation

game and um I love cash flow and people

think cash flow is just chasing yields

and making money but cash flows also

increasing efficiency so right now is a

right time to build up uh Capital to

build up cash have a very large cash

position uh and find other ways to

increase your cash position so what

we're looking at in our businesses I

call them cash flow leaks there's a lot

of cash flow leaks so review everything

in your business look at every single

line item there might there might be a

ton of different areas where um yeah

there's a cash flow leak that you have

that you're not even aware of

overlapping insurance for example that

could be

um but in your business there's Def and

I mean like I combined um I was using a

ton of different software at one point I

combine it all into one that save

thousands of dollars per year in the

business so that's the kind of stuff

that that we're looking at and then

um and we do this in our business in our

personal and then our investing economy

where are the leaks how can we be more

efficient how can we um you know how can

we find money that

is unbeknownst to us leaking and then

for your business too um how can you

generate how can you generate additional

Revenue stream in your business by

bringing something to your clients which

are which are already doing business

with you that will help them um so we

look at different ways of doing that too

so we're trying to uh increase

efficiency with reducing like the the

leaks that we have and then finding

other ways of bringing in revenue

streams that produce products and

services that are very valuable to our

current clients so and and of course

we're just building up the then

obviously the capital in infinite

banking policies and so forth so that's

kind of the game right now it's um um I

mean are there still deals out there

absolutely um and are there still great

great things happening absolutely but

it's it's just a different season so you

just dress a little differently that's

what I say people say are you negative

I'm like would you ask me if I'm

negative and if I'm in December the

middle of winter in Colorado and I've

got like I've bundled up I've got my

jacket on and snow boots you would just

say that's that's smart you're dressing

for the weather and I'm like you

wouldn't you wouldn't tell me if I'm on

a beach in Florida somewhere in you know

summer in my bathing suit and with some

suntan lotion man you're you're just

very very positive I think you're maybe

a little a little bit too optimistic I'd

be like no it's sunny out I got my

swimsuit on I'm ready to go right

different seasons so that's kind of how

I look at it yeah okay I I love that um

all right so we're going to take a quick

commercial break um you are listening to

the freedom show with flip and Danny Our

Guest is MC Lobster we'll be right back

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what you guys are enjoying all right

welcome back MC thank you so much man I

have gained so much value um from just

yeah I do I have to pay for

this I'm I mean classes in

session it's just been a lot of value

that you've brought uh to us today um I

can't thank you enough um before we go I

want to make sure that everybody knows

how to get in touch with you and then

allow you to touch on anything else that

you think that we didn't didn't hit on

today um but we just we man that was

just jam-packed value in gold nuggets um

but I we want to do this uh segment we

call real quick with flip

[Music]

it's just a way for us to have a little

bit of fun get to know you a little bit

better on a personal level um and flip

uh did you prepare your question for MC

of course of course of course uh so this

uh basically this is like this or that

uh so I'm going to give you two items

you select which one uh but I like to

call this this that or the other so if I

say corn flakes or raisin brand you

could say if you don't like either one

of them you could say Lucky Charms so

you don't like the two that I have then

you throw a third in there in the same

uh field okay all right you ready yeah

all right country or rock and roll oh

country oh wow I didn't see that I know

I didn't

either audio book or physical book

physical book morning person or night

owl morning

person flipflops or

sneakers o

flip-flops all righty all right this

one's gonna be tough a South African

winter or a Chicago

winter South African

winter I grew up in the midwest nobody

likes Chicago winners oh it's

bad uh and so this ought to be

interesting soccer or

football who um probably soccer okay I

thought you were just gonna say

rugby oh yeah I forgot about that part

rugby I'll change my own rugby

would you prefer to live in 1969 or

2069 oo that is a very good question

probably 2069 I'm pretty excited to see

how the future plays out well let's get

get your take on this it is Halloween

pineapple pizza or candy

corn pineapple

pizza nobody likes candy corn I really I

I think I know one person that likes

candy corn uh

all right uh ketchup or

Ranch hot

sauce the other all right last one a

comedy movie or scary movie comedy movie

there you go there we go I think we

we've all went through our our scary our

scary movie chims of of our lives so I

always like to uh learn a little bit

about people when flip does this because

I I'm never privy to these questions so

one of the things he asked was 1969 or

26 9 and you said 2069 because you're

excited um uh for what's coming up um

we're seeing a lot of we are just in

California um speaking at an event and

there was we we had like robots deliver

stuff to our room um there was robots

going down the street doing food

delivery we've G got AI out there so

talk to us about the future what excites

you about what's going on now and what

you see um going forward the future is

like it's it's going to be insane if you

see where the money is going to and and

where it's invested um and you could see

Snippets of it and I'll share quickly a

quick story with you of how you see

Snippets so I started when I started my

firm producers wealth we built it

completely virtually in 2014 because I

was actually doing I was doing

consulting and um we were doing

consulting at an Amazon location and the

person that was showing us around we

walked past the boardroom and I peaked

into the boardroom and on this on on the

big screen in that Amazon boardroom

was now we know it was just a bunch of

people talking like us but it was on

Skype it wasn't even Zoom back then I

think it's like 2011 2010 like Zoom

didn't even exist um so they had Skype

and I looked at the person that was

guiding us through this location and I'm

like what is going on in there like I

mean now people are like well D they

were having a conference call right but

at that time it was completely different

Skypes like one and one and maybe

another person jump on they had a whole

screen full people and the person that

we were said well we're just having a

confer we're having a call with all of

our regional people on and having a

meeting we're in the they're in the

boardroom that's how we have a lot of

our meetings and that's when I saw that

I was like why would anybody then like

do inperson stuff if like in building a

business you can serve a lot more people

quicker fostter in their comfort you

know and people said this will never

never ever work when I started to build

my business completely virtual and now

the world caught up basically I I was

the creepy guy in the insurance space

you know in 2014 to like 2020 and in

2020 everybody's like Hey how do I book

a call you know um so with that

hindsight you just mentioned the

robotics the AI like first when I saw

the AI stuff I was first excited and

then I got a little bit scared um and

then I started to look back at history

of how we handled the internet

transition and then I felt okay then I

could sleep that night um but because a

lot of jobs are going to be it's gone

yes and it's it's not a bad thing it's

like saying the internet took out a lot

of jobs but look at what the internet

provided infrastructure to create

Millionaires and billionaires and like

just abundance beyond our belie like

what we could ever have dreamed of as

humans right I think AI has the same

potential but right now it's you know

you look at it you're like wow I don't

think a lot of people realize yet that a

lot of the jobs that they're in probably

going to be gone in the next five to 10

years and they're going to have to find

skills in this new economy um and then

the thing with robotics I just saw

Amazon too um have all these robots

where um they and they're they're

testing them and they're placing orders

in the warehouse I'm not talking about

the drones that's going to deliver your

boxes like within 30 minutes of your

order I I saw like these kind of like

humanoid like robots were like moving

boxes in the warehouse so yeah crazy you

have uh this you I wait till 3D printing

takes off so I mean the AI robotics 3D

printing machine learning I mean it's G

to be insane so this wild wild roller

coaster ride I don't want it to stop

soon I wanna I want to see what comes

next because it's going to be pretty

crazy to see where this is all

going what are you going to take

advantage of when it comes to real

estate and

investing yeah I think real estate um

has already changed a lot um because of

all the changes I mean think of like in

2020 and people going virtually they

were forced to a lot of people were

trying it out and then you see the

research that employee employees were

more happier they were more productive

employers got benefit from it and I know

there's other studies that try to

discredit that because they want them

back in the office right um but they had

a more Balanced Life and so forth so

that changed the where people live how

they no longer needed to commute where

they can live they can live wherever

they want they can live in the midwest

in great towns have land all that kind

of stuff and then work for someone in

New York for a company New York right so

the the marketplace changed completely

uh for employers you can now your talent

is not restricted to this town or the

city that you're in it's Global you can

find the best top talent that you need

all over the the world not just in in

the United States and then for people

that are looking for work um uh and

looking for you know even contracts

because that changed too right A lot of

people are now just contractors

independent contractors no longer um

even employees that changed um but you

can now I mean work and and and do

contract work for some anyone all over

the world so change where you live how

you live what what's important to you um

I think a lot of people wanted more

space that's why they moved out of big

cities you know and so forth and it's

just going to continue this change is

just going to I mean rapidly continue so

real estate's going to be fascinating

think about um I mean think about the

technology that could be implemented uh

there I mean a lot of people that I know

already use AI just to get like

descriptions of apartments that like

they're renting out and stuff and the AI

is writing stuff and they're like oh

want to go and rent my own unit after

reading that you

know that description um yeah so I think

it's I you know again I I see a lot of

the stuff and I'm like you have to again

Maps wealth Maps you have to understand

what's happening why it's happening and

where this is going otherwise this

disruption is actually going to put a

lot of people on a in a on a very bad

position and the people that realize

what's happening how it's happening and

where this is all going they're going to

be able to Surf a wave um of all of

these

changes yes I love it that really speaks

to um when it comes to real estate

speaks to the geography Freedom peace um

because so many people have the

opportunity to live wherever they want

um flip and I are living in Florida our

offices are in Ohio so we are the CEO

and cro from you know a few States over

right because we wanted to live you know

somewhere where it was sunny and not you

know super super cold so um that's I

think that speaks highly of geography

freedom and and where the world is going

so I love that there competition right

there's compet and this is this is the

positive thing out of this whole thing

too um is that states and towns and

cities are now in

competition right and and this is going

to force because a lot of people are uh

very uh unhappy you know politically

globally not just a us thing but this

might force people to do better and be

better and raise the game and do better

things because you're competing for

people to where they want to live right

because they're going to go and move to

where they're treated best and their

capital and their business and their

Investments are treated best yes that's

right yeah I can't remember the website

but there is a website that if you go to

this website there is uh cities and

states across the United States that

will pay you 10,000 $20,000 to move

there to live there to to work

remotely yeah it's incredible yeah I

love it okay this has been just a a

valuable time uh with you I I think

we're we're approaching one hour so

we're we're going to cut it off

otherwise flip and I could just sit here

and ask you questions all day MC um but

uh if people want to reach out to you uh

where should they go uh cashon ninja.com

there's over a thousand I think podcasts

there we cover business uh we cover uh

real estate

Commodities uh we cover we've covered

blockchain AI everything you know very

very wide so there's a ton information

there and if folks are interested in

learning more about how to create their

own banking system and setting up a

family bank and utilizing that to

Warehouse Capital so they can deploy it

to really really take advantage of

opportunities that are coming up they

could go to your own banking system.com

it's your own banking

system.com fantastic well thank you

again for being with us today MC it was

a pleasure um and everybody else we will

see you next Wednesday thank you bye wow

again welcome back uh to uh hopefully

you're you're still in your seats uh uh

after listening to uh MC again uh that

was the conclusion yes of our interview

with him and and I just there's so many

things to talk about uh and uh the one

thing that I loved and it's something

that you and I talk about all the time

uh is embracing failure you know um you

know we don't always succeed everybody

on Facebook succeeds every day um you

know but uh but we always talk about

failures it's it's uh um uh vulner

vulnerability I can't even say it um you

know so it's it's uh I I really love

that and you know one of the things I

think you wrote it down the uh um uh I

fail more than I succeed you got to go

for it you don't have you have to take

the shot yeah yeah and and there's the

there's a Michael Jordan poster of him

shooting the ball and and it says uh

everyone remembers the the last second

shots but no one remembers the 23,000

shots that I missed or whatever it is um

but you know it's you have to do those

to make the good ones yeah yeah and I

think a lot of people um they're just

afraid of failure and I think what what

um we all need to understand uh and flip

and I have understood this the more

we've done it is that failure is part of

the journey um and I think it's

important that you do understand that

going in so that you're not down on

yourself when you do have a moment where

you you come up against a challenge and

um it doesn't work out you just know hey

that was bound to happen I'm going to to

get up learn the lesson um and take that

and identify which way I'm going to go

now um and I think that if you adapt

that attitude and you start to love

failure because your love of failure

means that fail fail fail fail win you

maybe you do have to fail five times 10

times before you win but as you're

counting that you're you're going okay I

failed once well eventually here if I do

this enough times I'm going to win at

some point and you start getting a

little bit of excited about it right um

and then I'm going to tie this into uh

his freedom he talked about freedom and

he also loved you know time in geography

um but there's two of them that that he

talked about that uh a lot of other

people don't talk about that that is

freedom of relationships and freedom of

purpose and I want to talk about the

freedom of relationships because um

embracing failure is great but you don't

want to fail 10 times before you win

right like nobody wants to do that but

um if you have relationships uh that

you're tied to that have been on the

journey before you then it's you're not

going to fail as much um don't think

that you're not going to fail just

because you have somebody who's leading

the way they don't know everything we

there's never a point in life where we

just know everything um and everybody

has a different flavor um to how uh they

handle things to how they speak to how

they manage to how they lead to how they

negotiate to how they invest and so even

though you're following somebody else's

footsteps your flavor is going to be a

little bit different than theirs and so

you're going to do things a little bit

different that may cause you to fail in

different ways and they had but you have

this person and this resource to go to

and say hey I just did this and this is

the way I did it because that's who I am

um what do you suggest and they're going

to give some feedback that's maybe not

exactly pertinent and relevant to your

situation cuz they did do it that way

but absolutely will apply to the lesson

and maybe how to move forward um and

providing guidance in that way so I

think that relationship piece is so

important and I loved how he said you

know just think about if you started

taking out the people in your life that

drain your energy right just just get

them out of your life and replace them

with people who um uh energize you who

inspire you who motivate you who excite

you who like give you like all of this

you know I I have like uh

um crazy energy sometimes because of the

people I'm around like it's the people

that's around me I already have like

crazy energy and then I get around other

people and I'm like ah I'm so excited I

want to do and I have all these ideas

and so um the more that you do that the

uh the higher likelihood of you being

able to succeed because you start

understanding um the blueprint of

success right because um there's people

that are around you that are like-minded

and are going to um enjoy the same

things that you do and depending on what

your path is it doesn't even have to be

business it doesn't have to be investing

I imagine it is because you're listening

to this podcast but um uh it doesn't

matter what it is it could be a total

different passion of yours um it's going

to take you down a road um that is going

to bring you so much joy and that Joy is

such an important part of life um and I

just I think there's so much power in

that and the people that um you have

close to you so if you ever feel like

something I'm doing is draining my

energy um you need to ask yourself a

couple things one is it the is it the

thing I'm doing is it what I'm doing

right now am I am I recording a podcast

and is it draining my energy no heck no

being on these podcasts gives me energy

I get excited about sharing our stories

because I know how much other people's

stories help us so we love that we get

to share we love we get to interview

other people um that we know like and

Trust um and uh we're excited about

hearing their story and learning from

them so it's something that energizes us

but if I'm sitting in front of the

computer running some numbers knowing

that my financial team is going to be

able to do this better and faster it is

draining me I'm like I'm not doing what

I should be doing this is not like my

genius Zone this is not my unique talent

this is not like something that gives me

joy uh and so whether it's a person or

whether it's a thing um there's people

in your life that you know that you when

you jump on a meeting heck I just got

off a meeting and you I said flip do you

want to join me you're like I can't even

imagine sitting through 30 minutes of

listening to that person and that is

somebody who drains your energy right

and I thought of what you said when I

was on that

meeting okay I had to be there but um

that's a perfect example of you know

being somewhere and with somebody that's

draining you as opposed to giving you

life and giving you um uh excitement and

so I thought that was probably one of

the most important powerful life lessons

that MC shared with us today that we

probably don't talk about enough right

and don't worry Tiffany that meeting

wasn't with you you know we're always

teasing Tiffany yes yes that's half the

fun um the other thing that I like what

he said um it was the you're in the risk

management business you're not a real

estate investor you're in the risk

management business and if you don't

realize that you need to realize that

yeah 100% I think that goes back to the

three questions we talked about um uh

where do you start which path is right

for me who do you trust because he

literally said when in his get real

segment um it was lack of liquidity and

then um doing your due diligence um he's

a trust verify person and um he does

give give trust but he's like he's heavy

on the due diligence piece and we say

that very same thing because the people

that we talk to so many times got burned

in some way and um it it hurts our heart

right that that happened um and it

happened because of lack of due

diligence um and it's not because the

investor didn't want to do due diligence

sometimes they don't know how to do due

diligence right they thought they did

due diligence but they didn't do proper

yeah you just don't know what you don't

know when you're doing that um so uh one

of the things MC said is you will get

burned you will lose money um and I put

um as a note um to that is you know

active investors especially like when

you get in the real estate game and

you're an active investor and you don't

have somebody on your side that's that

knows what they're doing you're going to

lose money that's actually a lot of our

um passive investor um relationships are

people that are like I tried it it

didn't work I lost all my money I lost

all the time I didn't spend time with my

family because I thought I was going to

be a real estate investor and yeah okay

I now realize that you know it takes

years and years and years of experience

and knowledge to to get to the to where

we are now and um the only reason that

we are where we are right now is because

um of all the mistakes of all the

failures of all the lost money and an

amazing team um that took Blood Sweat

and Tears to build because we had to

hire a lot of bad people before we found

the good people um so uh it's just one

of those things where you learn from

other people's um efforts and their pain

and their trials and you go I don't I

don't want to do that I choose not to do

that right I choose the easier and

better joy-filled life of letting the

experts do it because they have look at

you know look where freedom family is

now we looked at our Google Chat and

it's like 64 team members right

uhan getting ready to launch two more

like how much time did it like we

started real estate in 2008 so you know

from 2008 to now that's actually fast in

my opinion um to get where we are but um

who wants to do that like seriously I'd

rather just take a chunk of money and

just go here can you give me get some

passive income at a good rate of return

um you know and show me your track

record and and tell me all the things

that could go wrong and um tell me what

I shouldn't be asking tell me what I

don't know have those you know get real

and you know really raw conversations

with people that's exactly what we're

here for and that's what we um we love

our investor relations team to be able

to just have those conversations um

because I think they're they're just so

important couldn't agree more yeah so

risk management yeah I think thought

that was very powerful um so uh you

heard MC he said it uh he said it best

so we won't recap um too much more of of

what he said but um as far as what's

going on right now we actually have a um

our freedom blueprint um rolling out we

are actually in the middle of finalizing

it it's been something that we've been

talking about for quite a while um we

really want to help investors get from

where they are right now to where they

want to be so A to Z so um here I am I'm

a physician I've got this money in my

account I don't know where to put it I

don't know um uh what the opportunities

are um I don't like the stock market

anymore you know they like these

conversations and we have them every

single day um and

uh we want to continue having those

conversations and we want to help

provide more clarity um with regard to

okay thank you for that conversation now

that I understand you and your goals and

where you're at and now that I

understand where you want to be let's

look at this and let's actually create a

written blueprint that we can change at

any point in time and then we can adjust

but it actually gives you a path that

says hey they just showed me how I can

go from point A to point Z because

that's really what people are asking

right and so many times we jump on the

phone and we give them the solution

verbally but this blueprint is really

going to give them something in their

hands um so it's something that's very

very powerful and I know that when we

are starting out um to have this

knowledge and to have it at our

fingertips um would have been so

incredibly powerful um so that we did

not have to zigzag and kind of figure it

out on our own and quite frankly when it

comes to investing we also didn't know

that we could invest in real estate and

how easy it is to use retirement

accounts or you know um uh just money

that we didn't even think about um you

know we just didn't know and so that's

why we are so passionate about this

podcast and just um helping everybody

any way that we can um and we're here

for you so if you do want to have this

conversation if you want to um give us a

call and ask us about the blueprint and

see if it's um ready and available um by

the time this podcast launches I imagine

that it will be because we're just in

the final stages um of getting it

created so um feel free to reach out to

our investor relations team um just go

to chatwi freedom.com um scroll down

until you see the calendars um and

you're going to see Jr who can speak to

you about our TurnKey inventory um and

he can also talk to you about our

blueprint you're also going to see CJ

and Ben who can um talk to you about our

funds and syndications um our Master

notes our private money lending um they

can share all of that information with

you about what opportunities are

available they can also help um create a

custom blueprint for you um so uh I

think that's all I have so the blueprint

is the blueprint is for them and how

they can invest not how they can build

eight companies

right yes it's for Passive investing yes

yes we can't fit how to build eight

companies in a

blueprint that's going to be one simple

high level blue blueprint step one move

to Ohio step two no you don't even have

to move to Ohio if you want to just what

we did but yeah that's funny um so yeah

anything else flip I think that wraps it

up I love it well thank you so much

thank you so much and and I thank all of

you I'm pointing at the camera for those

of you just listening uh thank you for

listening um and thanks Mom uh and

Tiffany for listening our two listeners

um but uh thank you again and uh we look

forward to seeing you next week which I

I don't even know who's up who's on the

next week I'm not telling it's a secret

yeah it usually is for

me anyway hope you have a great week and

we'll see you next Wednesday all right

bye everybody

[Music]

bye nothing on the show should be

considered specific personal or

professional advice please consult an

appropriate tax legal real estate

Financial or business professional for

individualized advice opinions and

information on the show are not

guaranteed all investment strategies

have the potential for profit or loss