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Invest Like a Boss

Invest Like a Boss covers all aspects of investing in the modern age in a fun, entertaining way. The show hosts interview the world's best investors, financial Insiders, entrepreneurs and CEOs to find out what they are investing in and strategies to gain outsized returns. In this modern age of investing, new investment instruments are popping up each day, from P-2-P (peer to peer) lending, to robo-advisors, equity crowdfunding to REITS. Investors today need to combine centuries of investment wisdom with an modern outlook and approach. Entrepreneurs Sam Marks and Johnny FD both retired in their early 30’s through business successes and now focus on learning how to invest alongside the listeners in order to put their hard earned money to work.
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Now displaying: Page 1
Sep 17, 2020

Shaun Greer serves as VP of Sales and Marketing for Vacasa and is responsible for short-term-rental portfolio growth and real estate sales/compliance. He brings extensive experience in mergers and acquisitions, joint ventures and public and private partnerships to his role.

Shaun has been with Vacasa since 2015 and has held several positions including Senior Director of Real Estate, Director of Corporate Development and Mergers and Acquisitions Manager. When not cultivating relationships within the vacation rental industry or building the Vacasa Real Estate network, he is enjoying time with his family and outdoor activities.

Listen to ILAB 154 on iTunes here or subscribe on your favorite podcast app.

 

 

Where we are:

Sponsor:

Discussed:

  • Vacasa
  • Special ILAB Listener Offer for Equity Estates through October 1st, 2020
  • Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 13:44 – How did Vacasa get started? 
  • 16:18 – Do you manage the entire building or just the units?
  • 19:00 – Do you handle all the taxes on behalf of the homeowner?
  • 20:10 – What has been the demand change due to the effect of Covid?
  • 23:22 – What has been the favourite type of destination?
  • 26:35 – Where do you have the most listings?
  • 27:46 – How often do owners use the property?
  • 29:15 – What are the revenues for the various seasons?
  • 32:19 – Do owners do monthly or daily rate rentals?
  • 36:31 – What to expect, investment wise, on the different types of rentals?
  • 42:36 – Are you investigating the ski seasons long term with climate change?
  • 44:04 – What are the top ski markets?
  • 46:30 – Sam and Johnny Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Sep 11, 2020

Stacey Morris is the Director of Research at Alerian, which equips investors to make informed decisions about energy infrastructure and Master Limited Partnerships (MLPs). Ms. Morris was previously the Investor Relations Manager for Alon USA Energy, overseeing investor communications for the corporation and its variable distribution MLP, Alon USA Partners. Prior to Alon, she covered the integrated majors and refiners at Raymond James as a Senior Associate in the firm’s Equity Research Division. Ms. Morris graduated summa cum laude with a Bachelor of Science in Business Administration from Stetson University and is a CFA charterholder.

Listen to ILAB 153 on iTunes here or subscribe on your favorite podcast app.

 

Where we are:

Sponsor:

Discussed:

  • Alerian
  • Special ILAB Listener Offer for Equity Estates through October 1st, 2020
  • Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 09:07 – Were you always interested in energy growing up and when did you first learn about MLP? 
  • 11:05 – What is a MLP?  
  • 13:04 – Do MLPs have a regulation or restriction on their distribution of profits?
  • 14:15 – Are all energy companies MLPs?
  • 16:55 – Can you explain a hypothetical situation to explain tax exemption?
  • 24:11 – What are the variables that move the price of a MLP?
  • 28:17 – What are some of the big MLP companies?
  • 29:43 – What are the easiest ways to invest in MLPs?
  • 34:16 - Are high yields common?
  • 37:28 – Is now a good time to invest in MLPs?
  • 41:09 - Derek’s Recap
  • 45:58 - Sam and Johnny Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Sep 4, 2020

Philip Mekelburg, CEO and Fund Manager, Equity Estates.

Philip has over 20 years of experience in business development, marketing, management and operations. After graduating from Cornell University, he worked as a corporate trainer and management consultant. His accomplishments include starting a fast-growing, new-to-market retail concept which he built up and sold within four years. The industry respected his novel approach and elected him president of their international association. Afterwards, Philip was hired as Director of Operations for a financial services firm where his work in channel sales garnered him praise, while expanding his knowledge and experience in marketing specialty finance products. He co-founded Equity Estates in 2006 and enjoys building a real estate portfolio that is also a smart investment that offers memorable experiences.

Listen to ILAB 152 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Sponsor:

Discussed:

  • Equity Estates
  • Special ILAB Listener Offer for Equity Estates through October 1st, 2020
  • Save up to $30,000 and delay your dues until you're ready to travel when you sign up Here

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 06:23 – How did Equity Estates start? 
  • 12:40 – How would you describe Equity Estates?  
  • 16:12 – How does Equity Estates compare to a timeshare or secondary home?
  • 21:28 – What are the general characteristics of the properties?
  • 23:56 – Where are the properties usually located and how do you select?
  • 25:06 – What are the requirements and minimum investment to invest?
  • 27:29 – How does the concierge experience work?
  • 33:05 – How do you manage the expenses of all the properties?
  • 37:08 – How do the average investor utilise their time at the property?
  • 40:57 – Patreon: Do you have investment opportunities for non-accredited investors?
  • 45:00 - Patreon: How does your affiliate portfolio work on the business side?
  • 46:26 - Can you discuss the different funds available?
  • 48:07 - Can anyone invested in any fund can access any property?
  • 48:49 - Patreon: Are you seeing any impact from Covid-19?
  • 49:53 - What is your favourite property in the portfolio?
  • 55:20 - Sam and Johnny Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Aug 29, 2020

Sam and Johnny talk about some of Sam’s investments in real estate, and the benefits and challenges with investing in properties overseas as opposed to properties in the US.

Listen to ILAB 151 on iTunes here or subscribe on your favorite podcast app.

 

 

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 20:39 – Benefits of living and investing overseas? 
  • 32:11 – Sam’s Investments in real estate?  
  • 40:47  – Discussion on one of Sam’s Investments 6th Avenue Phuket
  • 43:39 – Are their perks of owning these properties as long term living options for you?
  • 49:24 – Johnny speaks about a possible investment for him
  • 60:52 – Patreon Question: What are the pros and cons for Nomads using an Air BnB?

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.



Aug 21, 2020

Sally founded Worthy Financial to bring higher yielding alternative investments to the public. Her personal and company mission is an economic opportunity for all. She used newly updated securities regulations as part of the JOBS Act, to create a way for everyone to painlessly save while earning 5% on their money – and to do it while helping community businesses thrive.  With a focus on the JOBS Act, she works to help investors and business owners navigate the new capital opportunities that arose with these new laws.

Sally is a seasoned entrepreneur having run her own businesses for the last 30 years. Her media and business ventures took her across the globe – including ten years of conducting business in Russia. More recently, she has been a contributor to and speaker for Entrepreneur Magazine, various universities, and business incubators on the topic of alternative finance and has been a repeated source on the topic of crowdfinance for national media outlets. She also authored the book “Cash from the Crowd” on how to successfully crowdfund which was published by Entrepreneur Press. Sally holds both a real estate broker license as well as a Series 65 license as a Registered Investment Adviser. 

Listen to ILAB 150 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Sponsor:

  •  Masterworks Use our exclusive Masterworks code BOSS at signup to skip the 70,000 person wait list and get first dibs
  • Support Invest Like a Boss: Join our Patreon

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 08:53 – What makes your investment “worthy”? 
  • 11:49 – Can you describe some of the assets you offer?  
  • 13:09 – How long has worthy bonds been around?
  • 16:13 – What makes it a bond and not another kind of investment?
  • 18:07 – Can you explain the 36 month term, if you can cashout or redeem at any time?
  • 20:08 – How often does interest pay out?
  • 21:52 – Who can invest in worthy bonds?
  • 27:05 – How did you settle on a return on investment percentage?
  • 32:46 – What is the lowest investment to start with worth bonds?
  • 33:52 – Can I reinvest the interest I’ve earned on worth bonds?
  • 37:22 - Can somebody buy bonds through their IRA or retirement account?
  • 39:42 -  What is the “Worthy Roundup Programme”?
  • 36:24 - What is the “Golden Egg” Promotion?
  • 44:39 - Sam and Johnny Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Aug 11, 2020

Bill Perkins is the CEO of BrisaMax Holdings, a consulting services firm based in the US Virgin Islands. Called “The Last Cowboy” in a recent Wall Street Journal profile, after studying electrical engineering at the University of Iowa and training on Wall Street, Perkins moved to Houston to make a fortune as an energy trader. 

In this episode, Bill will share the plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for. You’ll discover how to maximize your lifetime memorable moments with “experience bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate.”

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 01:24 - Sam & Johnny FD’s episode introduction
  • 08:08 - How to get 50% OFF your travel expenses
  • 18:26 - “It’s about maximizing your life, fulfillment, memories that you’re going to create for yourself and retire on” - Bill Perkins
  • 19:01 - Should you pass down massive cash to your kids?
  • 30:07 - Ways to balance your lifestyle with the money in and out
  • 32:58 - Switch to a more spending and abundance mindset
  • 33:28 - “Shift the fear of running out of money to not living life” - Bill Perkins
  • 34:48 - Does the 4% rule still work?
  • 40:11 - Sailing the world with Dan Bilzerian
  • 48:41 - Investing based rapid-fire questions
  • 58:00 - Sam & Johnny FD’s episode wrap up and key takeaways

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2020. All rights reserved. Read our disclaimer here.

 

Jul 24, 2020

Sam and Johnny sit down to review our investments, talk about our new trades, buys, sells, holds, what we thought of the quarter and what we plan to do going forward into the next few months. This and all quarterly updates going forward will be Patreon only exclusives, and will be in video format so we can more easily share our screens and account dashboards.

Watch the full 2 hour video update and breakdown by becoming a Patreon supporter and support the show! 

 

Where we are:

Sponsor:

Discussed:

  • Too many to list. We review our entire portfolios. 

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan
  • WorthyBonds - Get 1 free bond when you sign up
    (non-accredited investors OK)

*Johnny or Sam invest in all of the above services personally.

 

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2020. All rights reserved. Read our disclaimer here.

Jul 15, 2020

MEET YOUR FAVORITE LUSCIOUS BABE COACH, LAUREN ALLEN

A semi-retired stripper turned Super CEO, this bitch has seen it all.

Sex, Psychedelics, Music Festivals, and an abusive relationship sent this queen on a journey of exploration and self-discovery at 18.

Hella mistakes, alcoholism, and a ballsy jump into the strip club a year later catapulted her to become her very first mindset client.

Her intuitive approach to the hustle, soulful sales strategy, humor, and trauma-informed mindset work makes her a sexy + well-rounded coach whether you're 9-5 or shakin' that ass.

You can expect a Sailor Levels of cursing, lots of laughs, brilliant brainstorming, and a business bestie that will hype you up as you bust through your own bullshit.

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 08:46 – Why do you think guys go to strip clubs?
  • 11:34 – How did you get into the industry?
  • 13:41 – What are the different ways to make money in the clubs?
  • 14:55 – Does the house get a cut, or how does it work?
  • 16:52 – “...there is no way of knowing who has what[money]..” - Lauren Allen
  • 19:30 – What cities have you danced in?
  • 21:18 – “This whole industry is not regulated at all” - Lauren Allen
  • 23:15 – Have you ever tried webcamming?
  • 25:16 – What’s the most, and what’s the least you ever made in one night?
  • 29:48 – What are the other side business strippers have?
  • 30:32 - Do you have savings or investments?
  • 34:39 - Do you go through any training to become a dancer?
  • 36:24 - What is the typical lifespan of a stripper?
  • 40:31 - Flip Switch Question: What do you recommend a stripper do with her income? - Lauren Allen
  • 42:43 - Is a breast enhancement a good investment?
  • 44:27 - Have you ever been paid in anything other than money?
  • 45:41 - Do you have a shift schedule?
  • 47:01 - Do you have an idea of how much the strip club owners make?
  • 50:25 - Sam and Johnny Recap
  • 68:42 - Derek’s Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2020. All rights reserved. Read our disclaimer here.

Jun 20, 2020

Scott Lynn is the Founder and CEO of Masterworks, the first company to allow investors to buy shares representing ownership of great masterpieces by artists like Warhol, Monet, and Banksy. Scott has been an active collector of contemporary art for more than fifteen years and has built an internationally-recognized collection of Abstract Expressionism that has included works by Clyfford Still, Barnett Newman, Mark Rothko, Willem de Kooning, and more. In addition to Masterworks, Scott serves on the board of v2 ventures (Adparlor, Giant Media, Reachmobi, Amply, and Sellozo), Payability, and the Brooklyn Rail (a non-profit publication in the art industry).

In this episode, Scott is discussing art as an investment class and compares it to other regular investments and how the regular person can get involved. After listening, you will better understand Art as an asset class and information on the company Masterworks!

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 08:24 – Are you passionate about art as a collector or have you primarily looked at it as an investor?
  • 10:59 – Do you see a flood of money going into art presently?
  • 13:07 – “last year approximate 6.8 Billion in art sold” - Scott Lynn
  • 15:10 – When you buy a “Blue Chip” piece, where are they held or displayed?
  • 16:04 – What makes a piece of art “Blue Chip”?
  • 17:13 – “You do see a correlation between an artist passing away and prices going up, but it's not because the artist passes away, its because the artist is no longer producing work” - Scott Lynn
  • 20:10 – How does the whole buying and procurement process happen?
  • 24:18 – What’s the average price of a piece on Masterworks?
  • 26:53 – What’s the typical length of time that your money is invested in these paintings?
  • 28:56 – Q&A from ILAB community
  • 35:07 - Derek’s Recap

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!

Copyright 2020. All rights reserved. Read our disclaimer here.

Jun 10, 2020

Laurie Shaw is the COO of Coffee Beanery, the best provider of 100% Arabica Specialty coffee with 40+ Flavored Coffees offered in Decaf Swiss Water Process. In addition, she manages gift sets, fundraising, franchising, & wholesale. Kevin Shaw, the Director of Franchise Sales, joined the family business as a manager of the Ren Cen store in Detroit and soon after moved back to corporate to develop the roasting, flavoring and packaging processes that have evolved into what you see today.

In this episode, Laurie and Kevin are taking us behind the scenes of their franchise to share what it’s like to run a coffee shop. Learn about the epic risks and big rewards of opening a coffee shop including the earning potential. After listening, you will understand the economics of owning a coffee shop and the vital steps in making it your next financial success!

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 20:26 - Consumption patterns for coffee globally over the past few decades 
  • 25:02 - “People like going places that are more special and unique.” - Laurie Shaw
  • 26:47 - The economics of owning a coffee shop 
  • 29:10 - Different products they sell and the revenue each product brings in 
  • 29:44 - How Coffee Beanery has responded to the rise of remote work and coffee shops becoming like coworking spaces 
  • 31:00 - The online order environment in the coffee business 
  • 33:22 - Where do their coffee beans come from? 
  • 37:01 - “People do business with people they like, and they will take an inferior product if they get an excellent experience.”- Laurie Shaw 
  • 40:50 - The cost and profit of a cup of coffee 
  • 41:35 - When and how Coffee Beanery moved towards the franchised model 
  • 44:43 - The requirements of becoming a franchise owner 
  • 55:00 - How Coffee Beanery creates customer loyalty 
  • 58:20 - The stats behind Coffee Beanery and other big coffee companies

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

 

May 22, 2020

Blake Hutchison is an accomplished entrepreneur and the CEO of Flippa, a marketplace for buying and selling online businesses, based in Melbourne, Australia, and San Francisco. Prior to Flippa, Blake was the general manager and chief revenue officer of Luxury Escapes and head of strategic partnerships at Xero. Blake was also the founder of GOOD44, a venture capital-backed specialty food marketplace helping small business owners target a new customer base.

In this episode, Blake will share his experience with buying and selling domains including other digital assets. Find out how to successfully invest in this space and what you need to know before buying a new website. Listen to the end to learn about new online business opportunities.

Where we are:

Discussed:

Sponsor:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 01:03 - Adjusting to the stay-at-home recommendations
  • 10:30 - A background and introduction to Blakes Flippa organization
  • 19:55 - Flippa's buying and selling process
  • 29:50 - The process of buying any digital business
  • 32:08 - “The reality is that digital assets is where people will look to spend their time.” - Blake Hutchison 
  • 40:08 - Thoughts on Amazon Affiliates lowering their commissions and how you can adjust for this
  • 50:08 - Some of the top sites to buy right now
  • 1:11:11 - “It’s less about how many views your listing had, it’s more about pinpoint matching.” - Blake Hutchison
  • 1:12:47 - Getting sale notifications through Shopify stores
  • 1:19:08 - Discussing massive new online business opportunities

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

May 6, 2020

Ryan Serhant is an American real estate broker, bestselling author, producer, and star of Bravo’s two-time Emmy Nominated reality television series, Million Dollar Listing New York, and its spin-off, Sell It Like Serhant. Ryan is also the leading member of The Serhant Team—an NYC-based, bi-coastal real estate group that has consistently ranked as the #1 sales team in New York and among the top five teams nationwide.

In this episode, Ryan Serhant will share an inside look into selling a billion-dollar per year of luxury real estate. Get insight into how high-end private deals are created including buyer and seller fee structures. In the end, you’ll hear about the ways Sam and Johnny FD are maintaining personal and professional success during this pandemic.

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 02:23 - Quarantine update and personal insight
  • 13:41 - Transitioning into the NYC real estate market
  • 18:18 - Analyzing the buyer and seller fee structures
  • 22:13 - Do you need an agent or broker to close deals
  • 23:19 - “Hang out with people that have similar interests as you and are in your same wealth group” - Ryan Serhant
  • 25:09 - Buying your first home after a large windfall
  • 28:09 - Options for those with homes that won't sell
  • 29:09 - “The average days on market for a property $20 million and above is 2 years” - Ryan Serhant
  • 36:24 - Ryans future dreams and business goals
  • 45:25 - Properly recovering & adjusting during the pandemic
  • 51:52 - Final thoughts, key takeaways, and reading iTunes reviews

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Apr 21, 2020

Sam Marks and Johnny FD are self-made entrepreneurs who invest their own money and use modern technology to invest like a boss. During this episode, Sam and Johnny FD provide their perspectives on managing investments at different wealth levels as the COVID-19 pandemic progresses. They’ll share an update on how their portfolios have been performing over the last quarter.

Where we are:

Sponsor:

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny and Sam use all of the above services personally.

Time Stamps:

  • 05:37 - Investing in individual stocks vs investing in index funds
  • 10:15 - "You are not investing in stocks to make 10x, you are investing in stocks to make 8% over the next 20-30 years."  - Sam Marks
  • 10:23 - Understanding investment fees
  • 15:05 - Creating an emergency saving fund before investing
  • 21:45 - Books to read before investing
  • 25:00 - How much money should you invest
  • 27:00 - "If you put the money all at once and the market is going down, you are losing in total value, but if you are putting money each month, you are actually buying when it's going down and it's gonna benefit you in the long-run." - Sam Marks
  • 30:22 - Index funds to choose for first-time investing
  • 35:00 - Advice for investors outside of the USA
  • 40:00 - Situation with stocks right now
  • 43:43 - "And the reason why we know the economy is going to recover, it's because it always has." - Johnny FD
  • 47:58 - Stocks vs bonds
  • 50:00 - Taxable and Non-Taxable accounts in the USA
  • 55:46 - Websites where you can invest

 

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Apr 10, 2020

Joe Magnotti is the CEO of Empire Flippers, an Inc. 5000 company and the #1 curated marketplace for buying and selling established, profitable online businesses. Joe has a background in engineering and spent the 90’s at a startup in San Francisco before moving onto the mortgage business. Now Joe spends the majority of his time in Manila, Philippines. 

In this episode, we will discuss the 2020 trends for buying and selling online businesses. Expect to hear predictions of where this industry is headed including ways to navigate businesses during the COVID-19 crises. Whether you are buying a business and want to grow it, or you want to sell your business for maximum value, you’ll discover insight to help achieve that goal.

Where we are:

  • Johnny FD – Sri Lanka / IG @johnnyfdk
  • Sam Marks – North Carolina / IG @imsammarks
  • Joe Magnotti – Manila, Philippines

Sponsor:

Discussed:

Recommended:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • Wealthfront – Get your first $15,000 managed free
  • PeerStreet – Get a 1% yield bump on your first loan

*Johnny FD and Sam use all of the above services personally.

Time Stamps:

  • 02:09 - Discussing business and personal goals during the quarantine
  • 10:23 - The silver lining to the COVID-19 pandemic
  • 18:46 - The upside to a remote office structured company
  • 21:38 - “For me, I love it, I’d never want to go back to an office if I can avoid it” - Joe Magnotti
  • 25:44 - Economy insight & current digital trend in the Philippines
  • 28:51 - What is an Inc 5000 company?
  • 29:58 - What is Empire Flippers and how does it work?
  • 37:19 - 2019-2020 Trends for buying and selling online businesses
  • 40:46 - Amazon FBA business tools and techniques
  • 42:21 - “If you have a physical product business and you’re not on Amazon, you’re doing yourself a disservice” - Joe Magnotti
  • 44:43 - Selling distressed assets along the economic COVID-19 cycle
  • 55:02 - How the international supply chain is affecting businesses
  • 58:17 - The easiest online business to buy and manage
  • 1:06:05 - Should you buy an Amazon-based business?
  • 1:10:13 - Analyzing 2019 trends for buying & selling online businesses
  • 1:17:46 - Appreciating our podcast listeners!

 

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

 

Apr 1, 2020

John McAfee is a US computer programmer, businessman and fugitive millionaire, who is well known for his antivirus software company McAfee. John McAfee is wanted in the US for various crimes and he is in hiding.

In this episode, Sam and Johnny FD, talk with John McAfee about his life in hiding, his view on coronavirus pandemic and his predictions about cryptocurrency future. Hear John McAfee tells stories from the early days of McAfee antivirus company and how he escaped jail in Guatemala. Listen to the episode till the end to learn what Sam & Johnny FD predict about the future of the economy after the coronavirus outbreak is over.

Where we are:

  • Johnny FD - Sri Lanka
  • Sam Marks - Charlotte
  • John McAfee - Undisclosed Location

Discussed:

Recommended:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • PeerStreet – Get a 1% yield bump on your first loan
  • Wealthfront – get your first $15,000 managed free

Time Stamps:

  • 00:30 - INTRO: Quarantine update from Sri Lanka and North Carolina
  • 13:45 - Conversation with John McAfee
  • 17:30 - What is a success: a point of view from John McAfee
  • 24:33 - Stories from McAfee company's early days
  • 31:30 - The most exciting chapter of John McAfee's life
  • 34:00 - John McAfee's opinion on coronavirus
  • 36:00 - John McAfee's predictions on cryptocurrency
  • 37:20 - OUTRO: Discussing John McAfee's interview, world economy future after COVID-19 and cryptocurrency potential

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

 

Mar 24, 2020

People across the world are shaken by the rapid spread of the coronavirus. Stocks are plunging and the economy crash feels inevitable. And as bad as news seems to every person this situation might have some new opportunities for everyone to finally start investing.

In this episode, Sam and Johnny, who are long term investors, discuss the current situation with the market. They explain why this might be the best time to look into investing. They explain the basics of investing for beginners, give advice on what stocks to look into, how to avoid typical mistakes and what books to read about the topic. Learn why investing in index funds the safest way and how to balance your stock portfolio.

Where we are:

  • Johnny FD - Sri Lanka
  • Sam Marks - North Carolina

Discussed:

Recommended:

  • ArtofFX – Start with just a $10,000 account (reduced from $25,000)
  • Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment – Get up to 1 year managed free
  • PeerStreet – Get a 1% yield bump on your first loan
  • Wealthfront – get your first $15,000 managed free
  • Vanguard - Open an Online Account

Time Stamps:

  • 05:37 - Investing in individual stocks vs investing in index funds
  • 10:15 - "You are not investing in stocks to make 10x, you are investing in stocks to make 8% over the next 20-30 years."  - Sam Marks
  • 10:23 - Understanding investment fees
  • 15:05 - Creating an emergency saving fund before investing
  • 21:45 - Books to read before investing
  • 25:00 - How much money should you invest
  • 27:00 - "If you put the money all at once and the market is going down, you are losing in total value, but if you are putting money each month, you are actually buying when it's going down and it's gonna benefit you in the long-run." - Sam Marks
  • 30:22 - Index funds to choose for first-time investing
  • 35:00 - Advice for investors outside of the USA
  • 40:00 - Situation with stocks right now
  • 43:43 - "And the reason why we know the economy is going to recover, it's because it always has." - Johnny FD
  • 47:58 - Stocks vs bonds
  • 50:00 - Taxable and Non-Taxable accounts in the USA
  • 55:46 - Websites where you can invest

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

 

Mar 18, 2020

Nicholas Shaxson is a renowned financial journalist from Germany who authored the book, The Finance Curse: How global finance is making us all poorer. He is a journalist, campaigner, and world expert on both tax havens and financial centers, as well as the resource curse. His writing has appeared in Vanity Fair, the Financial Times, the Economist, the Economist Intelligence Unit, and many others.

On this episode, Nick talks about his take on the issues in the economy based on his experiences. He shares his insights about the schemes in the business industry which poses a great danger to the economy and democracy. During the discussion, he delves into the paradox of financialization to a country and enlightens the listeners to the idea of monopoly and imbalance to the business. This episode reveals the problems that an investor may encounter in the business industry.

Where we are:

  • Johnny FD - Sri Lanka
  • Sam Marks - North Carolina

Links:

Sponsor:

Time Stamps:

  • 07:44 - How Nick conceptualized ideas for his book
  • 13:51 – What are the impacts of the financial curse to a country?
  • 16:18 – Understanding the financialization of an economy
  • 19:23 – How monopoly is related to the corporate imbalance
  • 24:41 – The harms that tax haven bring to a country/state
  • 28:09 – Downsides of investing to a private equity
  • 30:17 – “Private equity is a profitable business but the problem is that they make very high internal returns” – Nicholas Shaxson
  • 35:30 – Difference in banking system between the UK and USA
  • 38:15 – How powerful people control the market and the economy of the country
  • 40:25 – Most corrupt and rotten banks in the history
  • 44:15 – “I’m a strong believer that tax havens have been a very negative problem for the world economy; and similarly, finance being too big is something that I would like to change” - Nicholas Shaxson
  • 50:53 – The problem of a growing company

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Mar 4, 2020

Andrew Henderson is a lifelong entrepreneur and the world’s most sought-after expert on offshore strategies and global citizenship. He coordinates Nomad Capitalist’s global strategy, R&D, and media efforts as part of his mission to help millions of people go where they’re treated best. Andrew has spent the last twelve years personally studying and applying the principles of Nomad Capitalist.

In this episode, you will learn how to go offshore, keep more of your wealth, and enjoy an unprecedented level of global freedom. Find out what you need to consider when renouncing your US citizenship including insight into the best passport to obtain as a digital nomad and international investor. After listening to this in-depth conversation, you’ll understand why you need to ultimately go where you’re treated best!

Links:

Where We Are:

  • Johnny FD - Weligama, Sri Lanka
  • Sam Marks - Bodrum, Turkey
  • Andrew Henderson - Kuala Lumpur, Malaysia

Discussed:

Recommended:

  • ArtofFX– Start with just a $10,000 account (reduced from $25,000)
  • Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment– Get up to 1 year managed free
  • PeerStreet– Get a 1% yield bump on your first loan
  • Wealthfront– get your first $15,000 managed free

Time Stamps:

  • 02:10 - Traveling Turkey and other non-popular locations
  • 08:45 - Does the USA treat you the best?
  • 11:17 - What to consider when renouncing your US citizenship
  • 18:15 - Obtaining additional citizenships by investments
  • 18:53 - “I gave up my US citizenship in late 2017, I don't know that the United States is the best place.” - Andrew Henderson
  • 21:47 - Best countries for visa-free travel
  • 25:57 - Countries that provide citizenship through a straight forward investment
  • 31:56 - The golden visa in popular countries
  • 38:31 - The truth behind Diplomatic passports & immunity
  • 42:57 - Will it be easier to move around internationally in the future?
  • 44:34 - Nomad capitalist: An inside look
  • 44:55 - “The first thing I think everyone should do is have a plan. Cover your finances, lifestyle residence and citizenship, and your investments.” - Andrew Henderson
  • 47:15 - Benefits to the Thai Elite Visa from Thailand
  • 48:03 - Should more countries offer better visa programs
  • 50:54 - The best passport to have as a digital nomad
  • 57:22 - Lessons learned from attempting to hold the ultimate travel documents
  • 1:03:24 - Thank you Patrons and Apple Podcast reviewers!

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2020. All rights reserved. Read our disclaimer here.

Feb 18, 2020

Kylon Gienger is the president of KingMakers, an investment fund and accelerator for small business buyers. He founded and operated multiple business investments in the construction, food service, fitness, real estate, online education, and digital marketing industries.

On this episode, Kylon talks about investing in small businesses that would potentially grow to a million-dollar business, with the help of his company, the KingMakers. He explains some key points in strategically building industry by starting with leverage and having a partnership to successfully pay the loan and gain the profit. There are more ideas and lessons to learn here, so listen in!

Where we are:

  • Johnny FD - Sri Lanka
  • Sam Marks - Barcelona

Links:

Sponsor:

Time Stamps:

  • 06:01 – The idea of building over buying a business
  • 09:22 – The start of KingMakers
  • 12:00 – Taking business commission by website’s affiliate links
  • 19:41 – Buying businesses and growth plans
  • 24:48 – How an investor creates profit in buying a business by a leverage
  • 28:57 – “Turn the profit knob and start earning those dollars back eventually and exit for a lot more than you paid for” - Kylon Gienger
  • 30:51 – Kylon explains the minority and majority share to a business
  • 33:50 – “When working with a business partner, you want to make sure that you work well together” - Kylon Gienger
  • 34:58 – Managing and analyzing the business for the best quality
  • 40:57 – Reinvesting in dying businesses and earning profit from it
  • 43:42 – How business partnership operates
  • 49:50 - Eliminating failures in the business
  • 52:29 – The best ways to manage the business

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

Feb 7, 2020

Chris Penrose is Senior Vice President of AT&T’s Advanced Solutions organization. He has responsibility for leading AT&T’s business development and specialized sales efforts for next-generation technologies, including 5G, Internet of Things, edge computing and networking solutions.

During the episode, Chris reveals how AT&T conceptualize and plan out their innovations, especially on coming up with the best ideas for technological developments. He explains the advancements in the new 5G and IoT technology; and how they will be delivered to the consumers. He also shares what AT&T is looking forward to in the next years.

Where we are:

  • Johnny FD - Bangkok
  • Sam Marks - Barcelona

Links:

Sponsor:

Time Stamps:

  • 04:55 – The foundation and purpose of AT&T
  • 05:48 – How AT&T plan out their innovations
  • 06:10 – “Innovation is one of the forefronts of what we try to do at AT&T” - Chris Penrose
  • 09:54 – How AT&T come up with the best ideas
  • 11:41 – IoT vs. 5G
  • 17:15 – What are the exciting concepts that he sees in the future?
  • 17:36 – “If it doesn’t serve a purpose, then don’t do it” - Chris Penrose
  • 23:00 – What are the advances that 5G offers as compared to 4G?
  • 24:50 – Two new products that AT&T introduced this year
  • 26:26 – How will 5G be delivered in the market?
  • 30:53 – The future of cell sites
  • 34:24 – Providing priority connection to first responders
  • 35:31 – The expansions in technology in the next 10 years
  • 36:17 – “The speed of innovation is only going to continue to increase” - Chris Penrose
  • 38:12 – Advantages of autonomous driving

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

Jan 10, 2020

As the year 2020 begins, Sam Marks and Johnny FD give a head start to those business-minded individuals with their investment advice. Sam and Johnny are self-made entrepreneurs who use their hard-earned cash to invest in the best investment platforms, grow their net wealth, and live their dream.

In this episode, Sam and Johnny share their investment strategies, one of which is generating passive income. They reveal a ton of insights on how to handle your finances by sharing their own investment choices. They also provide advice to cope with the plummeting economy and provide effective ways to manage funds. So sit back and listen to this episode’s investment ideas for 2020.

Links:

Time Stamps:

  • 04:10 - A look back from the past years
  • 08:55 – Dividend vs. Distribution
  • 14:00 – House Lending and Real Estate
  • 16:15 – What are the best cash saving accounts?
  • 18:35 – What’s it like to invest in Spain
  • 23:15 – Investing with PeerStreet
  • 27:25 – The beauty of passive income
  • 35:27 – Effective property funds
  • 44:06 – “Places that I plan to go back every year, I might leave money on bank accounts” – Johnny FD
  • 45:51 – Sam and Johnny’s stocks and equity of the year
  • 53:49 – What is Diversification?
  • 55:40 – How to survive a potential recession?
  • 58:45 – “Try to figure out to eliminate some of the heavy fix cost” – Sam Marks
  • 1:04:19 – Having a passive investment with Airbnb

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

Dec 16, 2019

As the year 2019 comes to an end, it is time for Sam Marks & Johnny FD to share their year in review. Both Sam and Johnny are digital nomads, investors, and travelers who love exploring the world while growing their net worth.

During the episode, Sam and Johnny share their amazing travels for the year, including the Trans-Siberian Trip, which has been on Sam’s bucket list for quite some time. They share their experiences while on their adventures and their realizations throughout the year. They also reveal their top purchases for the year, the books they read, and their ultimate goals for 2020.

Where we are:

  • Sam Marks and Johnny FD – Chiang Mai, Thailand

Links:

Recommended:

  • ArtofFX– Start with just a $10,000 account (reduced from $25,000)
  • Fundrise– Start with only $1,000 into their REIT funds (non-accredited investors OK)
  • Betterment– Get up to 1 year managed free
  • PeerStreet– Get a 1% yield bump on your first loan
  • Wealthfront– get your first $15,000 managed free

Books:

Trans-Siberian Trip:

See Sam’s pics of trip on Instagram @imsammarks

Costs
> Visa - $400
> Train & Hotels (18 days) - $2,015
> Activities - $1,800
> Flights - $600
Total: $4,815
+ $1,500 cash
Grand Total: $6,315

Note from Sam: this was an extended 3-week trip starting in Helsinki. We traveled in first-class sleeper trains, stayed in the nicest available hotels, and at the finest restaurants. The trip could easily be done for ½, but the value is so good, I would recommend trying to do as much as you’re able to. If you go, I would recommend using the travel agency below who arranged everything for us and arranged a guide at each stop.

Travel Agency:

Note: contact Olga or Irina and mention “Invest Like a Boss” sent you and they will give you $50 off your trip

Time Stamps:

  • 14:34 – “I took the Trans-Siberian Railway. It’s been the top trip I wanted to do my entire life ever since I heard about it” – Sam Marks
  • 19:52 – Crazy adventure in Russia
  • 25:40 – What items in the Bucket List they crossed off this year
  • 29:01 – Overcoming an internet disconnection dilemma
  • 31:42 – Organizing the Nomad Summit
  • 35:54 – Going back to a $250 apartment
  • 37:29 – “Speaking of leveling up, a big part of it is learning and growing” – Johnny FD
  • 37:32 – Books they read this year
  • 41:51 – Learning Russian through audiobooks
  • 45:41 – Johnny‘s travel log
  • 46:32 – “My ultimate goal would be a maximum of 4 countries a year” – Johnny FD
  • 48:10 – Travel plans for 2020
  • 51:15 – Sam’s top purchases for the year
  • 53:46 – Johnny’s product purchases for the year
  • 1:00:44 – Rapid progressions in the world

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

Nov 12, 2019

Ace Chapman is an Investor Strategist who has bought and sold over thirty businesses and has helped his clients buy over one hundred businesses all over the world. He bought his first business when he was nineteen. It was an online stock market simulator called CoolWallStreet. After selling it, he then realized that there are more benefits in buying a business over starting one, which paved the way for his investment career.

On this episode, Ace weighs the difference between buying a business and building a business. As an investor himself, he explains his approach to business that may help other investors generate the best returns. This is also an inspiring episode where he shares his amazing journey from being a college drop out to becoming a successful businessman.

 

Where we are:

  • Johnny FD – Mexico
  • Sam Marks – Russia


Links:


Time Stamps:

  • 09:05 – Ace’s Story
  • 17:43 – What are the businesses he has ownership of?
  • 20:41 – Buying a business vs. building a business
  • 24:00 – Categories of businesses he is into
  • 25:09 – “Every time you go to a successful business and learn from an entrepreneur who made it to the other end against all odds, you can learn a lot.” – Ace Chapman
  • 29:15 – Pros and Cons of online and offline businesses
  • 40:44 – Financing strategies
  • 47:21 – Where to go for financing
  • 50:02 – The “snowball effect”
  • 56:27 – “Thinking creatively about where to put your money and generate the best returns, that is the real goal.” – Ace Chapman
  • 58:25 – His passive investments
  • 40:03 – “I am definitely an investor” – Ace Chapman
  • 1:00:32 – How to distinguish an investor from an entrepreneur
  • 1:03:39 – Things to consider when buying a business

 

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

Oct 28, 2019

Howard Marks is the CEO of StartEngine, an Equity Crowdfunding platform that allows ordinary people to invest and help entrepreneurs achieve their dreams. He is an experienced entrepreneur with a history of building successful businesses. Before launching StartEngine, he co-founded Activision (Call of Duty) and was the Chairman of Activision Studios from 1991 until 1997. As a former Board Member and Executive Vice-President of video-game giant Activision, he and a partner took control in 1991 and turned the ailing company into the $37 billion market cap video game industry.

On this episode, Howard explains the impact of Equity Crowdfunding on the economy. He believes that this investment platform is the future of finance, especially for small businesses. He shares his journey in building StartEngine and the vision that led him to transition into crowdfunding - despite his success in his previous career. This is an insightful conversation that is perfect for both entrepreneurs and investors.

 

Where we are:

  • Johnny FD – Mexico
  • Sam Marks – North Carolina

 

Links:

 

Time Stamps:

  • 06:04 – Transitioning to Equity Crowdfunding
  • 07:54 – Understanding why other entrepreneurs could not raise money
  • 12:22 – How to unlock a larger pool of investors?
  • 15:55 – “For the first time in 80 years, the ordinary person can invest.” - Howard Marks
  • 17:16 – Why he started Crowdfunding?
  • 18:28 – His first campaign
  • 21:39 – “My biggest justification for what we’re doing was to help entrepreneurs achieve their dreams” - Howard Marks
  • 22:10 – The next challenge: Helping investors trade shares
  • 25:12 – The gift that keeps giving
  • 29:10 – His vision for the years to come
  • 30:28 – “The private small companies are the backbone of the economy” - Howard Marks
  • 31:50 – “Equity crowdfunding is the future of finance for small businesses” - Howard Marks
  • 32:54 – The average capital raise
  • 34:56 – Successful campaigns via StartEngine
  • 35:39 – What they are looking for in an entrepreneur
  • 37:20 – Pieces of advice for early-stage entrepreneurs

 

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

Oct 14, 2019

Richard Wilson is the CEO of Centimillionaire Advisors, LLC, a company providing performance-based family office solutions for $100M+ net worth families. He is also the founder and head of Family Office Club, the largest community of registered family offices globally with over 1,750 private investor members.

During the episode, Richard brings us into the world of the super rich with over $100M net worth. After working for them for several years, he has learned several strategies on how they accumulate their wealth. He explains how the ultra-wealthy manage their assets and lifestyles, how they aspire for growth, and what common mistakes they make.

 

Where we are:

  • Johnny FD – Mexico
  • Sam Marks – North Carolina

 

Links:

 

Time Stamps:

  • 7:05 – What is a family office?
  • 7:24 – “The richer you are, the busier you are” – Richard Wilson
  • 8:04 – Why do the ultra-wealthy need a family office?
  • 8:35 – How much worth are people with family offices?
  • 12:06 – Managing assets and lifestyle of the ultra-wealthy
  • 14:46 – Building a team for the family office
  • 16:19 – Financial planning for investments
  • 18:26 – Outsourcing of $50M vs. $100M net worth families
  • 21:03 – Who are the Centimillionaires?
  • 23:41 – What he learned while working in a family office for years
  • 27:02 – Do the ultra-wealthy still desire for growth?
  • 31:55 – Important notes in wealth generation
  • 32:20 – “It’s not just you work hard and you become ultra-wealthy” – Richard Wilson
  • 33:33 – Maintaining assets of rich people
  • 34:51 – Common mistakes of the ultra-wealthy
  • 35:39 – “Some reasonable plan can help keep things in check” – Richard Wilson
  • 36:08 – What to expect from Family Office Club?

If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here

Copyright 2019. All rights reserved. Read our disclaimer here.

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