In this electrifying episode of Making Bank, we journey through the remarkable tales of individuals who have turned adversities into stepping stones towards monumental success. Josh Felber shares his own insights, weaving together the diverse perspectives and stories shared by the guests. He reflects on the common threads that run through each narrative, such as the importance of resilience, innovation, and the willingness to learn from both successes and failures. Felber's commentary ties the episode together, offering listeners a cohesive understanding of the multifaceted nature of entrepreneurship and the varied paths that can lead to success.

02:44 Kevin Harrington: The Infomercial Innovator Kevin Harrington takes us behind the scenes of his groundbreaking journey into the world of infomercials, shedding light on how he capitalized on untapped TV time slots to revolutionize advertising. Harrington's story is a fascinating exploration of innovation, persistence, and the art of seizing opportunity. He delves into the challenges of financial distress due to success, underscoring the complex balance between achieving high sales and managing inventory demands, offering invaluable insights into the entrepreneurial mindset that transforms obstacles into stepping stones.

07:28 Mitch Miller: A Wake-Up Call to Entrepreneurship Mitch Miller shares a startling personal story, detailing a life-altering wake-up call he received at the young age of 21. This pivotal moment, marked by a serious health scare, forced Miller to reassess his life choices and ignited a passionate journey into the world of entrepreneurship and self-improvement. His narrative is not just a tale of personal triumph but a testament to the awakening that often precedes the entrepreneurial journey, highlighting the profound realization that to achieve greatness, one must first look inward and embrace change.

14:45 Garrett Gunderson: Rethinking Wealth Management Garrett Gunderson introduces a fresh perspective on wealth management, emphasizing not just the accumulation of wealth but the importance of keeping more of what one earns. He challenges conventional financial wisdom by advocating for cash flow investing over accumulation, arguing for the power of immediate cash flow to achieve economic independence. Gunderson's approach is a call to entrepreneurs to rethink their financial strategies, focusing on efficiency, strategic investment, and the crucial role of cash flow in building lasting wealth.

17:43 Babak Azad: Mastering Scale through Sales Babak Azad brings a laser focus to the critical role of sales in the growth and scaling of a business. He discusses the paramount importance of having a solid sales strategy, especially in the early and growth stages of a business. Azad's insights into operational efficiency and the optimization of the sales process serve as a roadmap for entrepreneurs looking to scale their businesses effectively. His emphasis on sales as the lifeblood of a business operation highlights the necessity of mastering the art of selling to ensure the survival and growth of any entrepreneurial venture.

22:32 Marshall Sylver: The Power of Subconscious Reprogramming Marshall Sylver takes us into the fascinating world of subconscious reprogramming, illustrating the profound impact our subconscious beliefs have on our reality. He weaves a compelling narrative about the transformative power of hypnosis in personal development and success, offering a unique perspective on how altering our subconscious mindsets can lead to significant changes in our personal and professional lives. Sylver's discussion is a riveting exploration of the mind's potential and the untapped capabilities that lie within the realm of the subconscious.

28:42 Dennis Yu: The Importance of Connections and Mentorship Dennis Yu emphasizes the pivotal role of connections and mentorship in his journey, sharing insights into how these elements have been crucial to his success. Yu's narrative underscores the value of building a strong network and learning from those who have walked the path before, highlighting that the right relationships can open doors and provide invaluable guidance. His story serves as a reminder that while individual effort is important, the support and wisdom of mentors and a robust network can be transformative.

35:46 Syed Balkhi: Navigating Challenges with Creativity Syed Balkhi reflects on his experiences of facing seemingly insurmountable challenges and finding creative solutions to overcome them. He shares a personal anecdote about the financial hurdles he encountered and how thinking outside the box allowed him to navigate these obstacles successfully. Balkhi's story is a testament to the power of creative problem-solving in entrepreneurship, illustrating that limitations can often lead to innovative solutions when approached with a resilient and inventive mindset.

Welcome back to Making Bank. On today’s episode, we have a compilation of previous episodes with Chris Prefontaine, Mat Simmons, Avery Carl, Salvatore Buscemi, Jake Stenzanio and Gino Barbaro and in this episode you will hear tips and tricks from top entrepreneurs about how to successfully begin your career in Real Estate .

(1:29) Chris Prefontaine

There's chaos again. There's a little uncertainty again.The media's screaming recession. But all we do know is that interest rates went up. A lot of the buyers get pushed to the side who sadly thought they could buy. Demand came down a little bit and there is no other time better than right now to adapt creative financing. Recession may be scary but with proper creative financing, it shouldn’t be a problem.

(7:27) Mat Simmons

Be very picky and choosy about what you buy. Make sure that your interest rate is lower than your cap rate, so you're not negative leverage and make sure that whatever you're buying right now, with whatever loan program or debt you're using does not have a prepayment penalty on it within the next two to three years because rates are gonna be lower than in next, next two to three years than where they're at now.

(15:03) Avery Carl

Start early. The earlier you invest the better. Most of us when we are buying a house, we would require it to be like our dream house, our forever house. A house as nice as our parent’s house and for this reason we lose out on a lot of great deals. The cheap house which we rejected yesterday might be worth millions today. The best time to buy real estate was yesterday.

(20:01) Salvatore Buscemi

The type of commercial real estate comes in is speculative.That's single family homes and that's multi-family. It's a wealth creator. That's where you buy it, fix it, flip it. That's construction. You buy, you flip it, you change from class C to class B, apartment families, anything with residential. It is a wealth creation mechanism.

(25:12) Jake Stenziano

It always comes down to supply and demand. But keep in mind, This is a basic human need. You want to make sure that the jobs are there, the population is there, the growth is going to be there, wherever you're investing in. If you're in a growth market where people want to be okay, where there's population and job growth, you're gonna be much more insulated than if you're in one where they've been losing population.

(28:37) Gino Barbaro

You have to understand the market cycle and what type of asset to buy and what type of debt you need to do, and what type of exit strategy to have.You need to learn all of these things whether you're in real estate or any other investment. When you become really savvy, you know when to buy, whether the market is going up or the market's going down.

(32:07) Jake Stenziano

Buy right, manage right, and finance right.These three pillars are significant to sound multifamily investing. It's a framework. Once you buy it, that's done. Once you finance it, you’re probably fixing for a minimum of 10 years and then it all comes down to management.

Link:

@smartrealestatecoach

@realmatsimmons

@theshorttermshop

@salvatorembuscemi

@jakeandgino

Welcome back to Making Bank. On today’s episode, we have a compilation of previous episodes with Chris Prefontaine, Mat Simmons, Avery Carl, Salvatore Buscemi, Jake Stenzanio and Gino Barbaro and in this episode you will hear tips and tricks from top entrepreneurs about how to successfully begin your career in Real Estate .

(2:38) Chris Prefontaine

There's chaos again. There's a little uncertainty again.The media's screaming recession. But all we do know is that interest rates went up. A lot of the buyers get pushed to the side who sadly thought they could buy. Demand came down a little bit and there is no other time better than right now to adapt creative financing. Recession may be scary but with proper creative financing, it shouldn’t be a problem.

(8:42) Mat Simmons

Be very picky and choosy about what you buy. Make sure that your interest rate is lower than your cap rate, so you're not negative leverage and make sure that whatever you're buying right now, with whatever loan program or debt you're using does not have a prepayment penalty on it within the next two to three years because rates are gonna be lower than in next, next two to three years than where they're at now.

(16:18) Avery Carl

Start early. The earlier you invest the better. Most of us when we are buying a house, we would require it to be like our dream house, our forever house. A house as nice as our parent’s house and for this reason we lose out on a lot of great deals. The cheap house which we rejected yesterday might be worth millions today. The best time to buy real estate was yesterday.

(21:16) Salvatore Buscemi

The type of commercial real estate comes in is speculative. That's single family homes and that's multi-family. It's a wealth creator. That's where you buy it, fix it, flip it. That's construction. You buy, you flip it, you change from class C to class B, apartment families, anything with residential. It is a wealth creation mechanism.

(26:27) Jake Stenziano

It always comes down to supply and demand. But keep in mind, This is a basic human need. You want to make sure that the jobs are there, the population is there, the growth is going to be there, wherever you're investing in. If you're in a growth market where people want to be okay, where there's population and job growth, you're gonna be much more insulated than if you're in one where they've been losing population.

(29:51) Gino Barbaro

You have to understand the market cycle and what type of asset to buy and what type of debt you need to do, and what type of exit strategy to have.You need to learn all of these things whether you're in real estate or any other investment. When you become really savvy, you know when to buy, whether the market is going up or the market's going down.

(33:22) Jake Stenziano

Buy right, manage right, and finance right.These three pillars are significant to sound multifamily investing. It's a framework. Once you buy it, that's done. Once you finance it, you’re probably fixing for a minimum of 10 years and then it all comes down to management.

Link:

@smartrealestatecoach

@realmatsimmons

@theshorttermshop

@salvatorembuscemi

@jakeandgino

Welcome back to Making Bank. On today’s episode, we have a compilation of previous episodes with David Nurse, Brian Will, Pace Morby, Matt Smith, Gary Brecka, Brad Barrett and Ross Hamilton and in this episode you will hear tips and tricks from top entrepreneurs that will ensure you great success.

Do not miss this compilation episode of the Best Of Making Bank Series.

(1:43) David Nurse

If your morning routine becomes something that you have to do or the rest of your day is ruined if you don't, then you're losing the battle to that morning routine. It should just be like a supplement. It should be like a boost. That morning routine can help you, but you should not depend on it.

(4:04) Brian Will

Who you are can get you to where you are. But if you want to go someplace else, then you're going to have to change who you are. And you need to make a conscious decision, not an emotional one. And that conscious decision is to recognize the fact that you can't get to the next level alone and you need to bring somebody in who's going to help you do that.

(7:30) Pace Morby

Don't partner with anybody remotely close to your own personality style. Let people who are different from you handle your business so you can focus on other things. Secondly, never exchange time for money. Instead use your resources to be able to exchange your money for time because nothing is more precious than your time.

(18:16) Matt Smith

Mentorship is absolutely a cheat code and anybody that's too stubborn to think that they can't learn from somebody else doesn't deserve to be an entrepreneur. You can't do much on your own and, and get whatever will help you out there and be willing to help others too. It's part of the journey.

(22:30) Gary Brecka

The same process that governs a fight or flight response in human beings governs the waking in our minds. It's called catecholamines.This is a category of neurotransmitters that create a sense of wakefulness and if you can't down regulate those catecholamines, your environment will quiet and your mind will wake up.

(25:56) Brad Barrett

Discipline is always better than motivation. It’s important that you put some tools in place to help you in your business because it is very easy to get motivated for a time being but it takes discipline to actually commit to whatever plan you had going. So the best way to do this is by having a co-pilot. Learn to have a partner so they can be the strength to your weaknesses and help you be disciplined.

(29:51) Ross Hamilton

Instead of figuring out so many processes for success, sometimes you just need to look in the mirror and examine your habits, where you’re spending your time, your morning and evening routines. Getting your morning right and your evening right, the start and end of your day, can really add up to get you anywhere you want to be.

Links:

@davidnursenba

@thedropoutmm

@pacemorby

@mattsmithpueblo

@garybrecka

@brad.barrett

@connectedinvestor

Welcome back to Making Bank. On today's episode, we have Ross Hamilton who is a highly successful entrepreneur, investor, and marketer, and best known for building, scaling, and selling connected investors to First American titles.

In his early years, Ross's passion for BMX led him to train under the legendary, Dave Mira, until an injury ended his BMX career. He then turned his focus on real estate making his first million in his early twenties. Now Ross used the profits from his flips to see the development of connected investors, the social network and investment property marketplace for real estate investors and private lenders.

Don’t miss this episode of Ross Hamilton in Making bank.

(3:27) Background

Ross started his career as a BMX rider and he trained under Dave Mira. He even found his own BMX clothing brand and he would drive around his Van sponsoring other riders. He then got injured and had to stop, so he turned to books to try to understand how to make a living. He then found out that most entrepreneurs do it through Real Estate and that was what kick started his business career.

(7:40) Real Estate Challenges

The biggest challenges in Real Estate investing, can be clubbed into two questions. “Where do I get the money and where do I get the deals?” But the good thing is you can solve this with one answer because if you have a good deal, money is never an issue. But if you have a bad deal then it’ll be hard to get money.

(9:22) Connected Investors

In real estate, the more people you are connected with, the more money you could make. Find an event and go to it. Show up and something good might happen. It’s important to find a group or community that does similar businesses who may have more experience so you can eventually learn more from it too.

(12:25) Ultimate Mind Hack

A great hack for anyone who is into Real estate investing or any other business, is to take what you think is holding you back and then try to turn that into your biggest strength. Also, make sure you write down every step you take along your journey as an entrepreneur because then you will get to see not only your progress, but also flaws which you can then work on to become better.

(15:12) Growing A Business

When you grow and scale a company, your greatest strength as a founder can become a weakness of an organization because you didn't do a good job building a team of people around you that can do the skill sets that you were really good at. So make sure you take the time to train people so you have a good support system otherwise your superpower can become their weakness.

(19:26) Selling A Business

When you sell a business, there will always be challenges because now you are venturing into new territories. But one great mind trick you can do is change the word problem to project. Now you have a project instead of a problem and this shift in mindset will really help you be more positive and help you overcome more challenges that you will face.

(25:27) Habits For Success

Instead of figuring out so many processes for success, sometimes you just need to look in the mirror and examine your habits, where you’re spending your time, your morning and evening routines.Getting your morning right and your evening right, the start and end of your day, can really add up to get you anywhere you want to be.

Links:

www.ross@successcap.com

Twitter: @cinvestors

Instagram: @connectedinvestors

LinkIn: https://www.linkedin.com/in/cirosshamilton/

Welcome back to Making Bank. On today's episode, we have Brad Barrett, who is the Managing Director of Partner at One Capital Management, a private wealth advisory firm managing over 5 billion in assets with nearly over 20 years of experience in the financial service industry.

He is passionate about finding new ways to educate investors. He's having the heart of a teacher. He shares his knowledge and his experience through his weekly YouTube podcast and radio show, Make Your Money Matter. His show aims to change the way people think about financial advice so they can make better decisions with their money.

Don’t miss this episode of Making Bank, with Brad Berrett.

(2:18) Background

Brad had early experience of a failure of a company through his father and this became the reason he vowed himself to learn everything there is to learn about money so he will not make the same mistakes. He started his practice as an advisor when he was in college, getting his economics degree and then he joined One Capital Management.

(4:35) How To Look At Money

Psychology is one of the things that plays into how we look at money. If you're in a business there are two Ds that are very important. Discipline and Discernment. If you hold these true, you'll be fine and try not to look over the fence too much. Comparison is the thief of joy. You don't want to get trapped up in those kinds of mental constraints.

(6:56) Creating Vs Consuming

Successful people are more interested in the process rather than the end product. However, most of us usually do something in order to have the ability to then consume something which is not wrong, but if you can fall in love with the process rather than just concentrating on the ultimate goal, you will soon find yourself to be more successful than you were with the previous ideology.

(10:45) What To Invest In

Emotions play a lot in this, but be careful what the mind tells you. The mind's telling you that the market is going down, so you need to fear. There's definitely some positions that have come down that likely aren't fundamentally true. it could be anything. A good advisor is going to look and find under the hood, because some of the positions that are down, but aren't down are good buys because there are those.

(15:10) Money And Emotions

Emotions play a huge role in anything where money is involved. So, if you're feeling down about something you've got in your life, a concept or a topic about money will likely coerce you into making decisions that you wouldn't have normally done before. And this happens in the form of buying an investment that we haven't really researched, or pulling out of a market because of fear that's setting in.

(19:29) Discipline

Discipline is always better than motivation. It’s important that you put some tools in place to help you in your business because it is very easy to get motivated for a time being but it takes discipline to actually commit to whatever plan you had going. So the best way to do this is by having a co-pilot. Learn to have a partner so they can be the strength to your weaknesses and help you be disciplined.

(23:40) Planning

Learn to plan ahead of time. Especially for situations you do not know. Because in business, anything can happen. It is always unpredictable and uncertain. So, in order to escape a complete failure, always be prepared for whatever that will come your way. Plan ahead of time so that you can be ready for any crisis that may fall on your business.

(25:50) Wrong & Right Ways To Invest

The wrong way to invest is without doing your research, without doing your due diligence, without talking with someone about it. The right way to invest is having discipline. Don’t have a motivational crash. Make sure you recognize the difference between discipline and motivation. Anyone can be motivated but only those who are disciplined will make it stick.

(27:49) Recession

Recession is there whether or not people believe in it. The point is, invest through it. Stay disciplined, dollar cost average, where you can live within your means and you'll be fine.

Links:

https://linktr.ee/makeyourmoneymatter

Instagram: @makeyourmoneymatter @brad.barrett

Welcome back to Making Bank. On today's episode, we have Gary Brecka, who is the co-founder of 10 X Health Systems. Gary does more than just guide the company's wellness and vision direction. He has over 20 years of biohacking and functional medicine experience. He is obsessed with the function and performance of the human body and finding innovative ways to help people achieve their absolute peak function in their own bodies.

Don’t miss this episode of Making Bank with Gary Brecka.

(3:00) Background

He is a human biologist by trade, undergraduate degrees are in biology. Postgraduate degrees are in human biology and neuroscience. After he got out of grad school, he went to work for the insurance industry as a mortality expert.But after seeing how he could help people outside of this work, he resigned and dedicated his life to helping people improve their health.

(8:29) Supplementing For Deficiency

Everything that enters our body has to go through a process called methylation where the body takes it and converts it into the usable form. If you can't make this conversion, you have a deficiency. It is this deficiency that is robbing you of a state of being optimal.They are a consequence of simple, missing raw material in the human body. And once you know what you need to supplement with and what you don't, you’ll be able to give your body the material it needs to thrive.

(13:46) Easy Fix For Disorders

If you are creating thought at a faster rate than you are breaking it down, then the mind gets cloudy, and this is what we call attention deficit disorder.This is very easy to fix with things like methylfolate, certain forms of B vitamins and a very specific form of a B12 called Adenosylcobalamin (AdoCbl). And when you put these compounds back into the human body and you down-regulate catecholamines, the genesis of thought.

(22:40) Biohacking

When you know exactly what your body can convert into the usable form and what it can't, you supplement what it's lacking. So now you are supplementing for deficiency, not just for the sake of supplementing.There is nothing that you can do that could have as much of a prolific effect, physiologic effect as supplementing for the deficiency that your body needs to do its job.

(27:30) Getting Kids Healthier

Children cannot process folic acid which is present in most food like cereal, poptarts, bagels etc. You strip folic acid out of their diet, you supplement them with methylfolate, a complex of very specific B vitamins, certain amino acids, and you see an entirely new trial to emerge from that body because now their mind has the capacity to process and quiet itself and sequence thoughts the way that they were meant to be.

(32:48) Sleep Hacks

Your late afternoon cup of coffee can actually interrupt your sleep. Do not drink past 2:00 PM. The other thing that you can do naturally to restore healthy sleep, and this is tough for a lot of people, is to wake up with the sun. Get the first light in the morning. The first 45 minutes of sunlight is absolute magic. It'll improve your mood and your emotional state, and restore deep sleep.

(36:06) Oral Hygiene

Take care of your teeth. Oral hygiene has a huge impact in obtaining optimal health. It is physiologically linked to optimal health and we're only now beginning to understand it. That is why it is very important to visit the dentist frequently in order to ensure Healthy Oral Hygiene.

Links

Official Website: https://www.garybrecka.com/

Twitter: @Garybrecka1

Instagram: @garybrecka

LinkIn: Gary Brecka

Facebook: Gary Brecka

Welcome back to Making Bank. On today's episode, we have Brian Will who is the industry leading expert in sales and management consulting. His bestselling book, the Dropout Multimillionaire, has taken literally the world by a storm, earning him claims from the Wall Street Journal and USA today.

He got his latest release which is ‘Know the psychology of sales and negotiations and 40 lessons in negotiations from a street smart negotiator’ and it's going to revolutionize the business landscape.

Don’t miss this episode with Brian Will Making Bank.

(2:54) Background

Brian has gone through all kinds of situations in his journey as an entrepreneur. He did not start off so well and would bounce off from jobs to jobs. Finally he decided to start his own company which later also failed. But he learned valuable lessons on business and fast forward to today where he owns a bunch of real estate, he runs an executive coaching and advisory service and mastermind, and many other businesses.

(4:46) Important Of Coaches

If you are new in business or your business isn't growing, there's a reason for it and it’s usually yourself. You are the problem, and you need to get a good coach, a good mentor, somebody that can help you see what you don't see and to avoid the mistakes you're going to make. No one is perfect enough to be able to succeed on the first go without any advice or mentoring from someone else who is elite in the field. Coaches are important.

(9:51) Accepting Help

If you got yourself to where you are now because of you, that is perfectly fine. But if you want to go somewhere else, you want to reach higher, then you're going to have to change who you are. And you need to make a conscious decision, not an emotional one. And that is, recognizing you need help in order to get to the next level.

(13:10) Overcoming Objections

If you're overcoming objections at the end of the sales process, you've already lost it. You need to learn how to overcome objections before the client has them so that you don't have to figure out how to overcome those objections at the end of the day. If you build a properly worded script to work through overcoming objections in the process, by the time you are at the end, they won't have those objections and that's where a lot of sales training falls apart.

(15:48) The Art Of Negotiation

If your first offer doesn't insult them,then it’s too much. And once you make an offer, shut up and wait. No matter how long it takes. Once you've made an offer, the first person who talks loses. If you're dealing with a negotiator, the first thing they’ll say is no, and it doesn't matter what you say. So your first offer should be so low so you can set the bar where you want it so that you can start negotiating inside of that.

(20:43) Sales Scripts

When you are doing a sale, always ask questions from the clients to remove the unknown. Why, when, who have you shopped with? What price? Why didn't you buy this? Why didn't you buy that? And in that process, as you are talking, you start making a connection. This way you will build trust with your clients and it will help improve your sales by a huge margin.

(26:22) Sales Process

The process is built in four stages. The Introduction, you tell them about yourself. Then the fact finding, which is the most important thing you can do in any sales process. The presentation, which isn't about you telling them about your product, but it's really about explaining what they've already bought and finally the close which is basically telling them this sounds exactly like what you're looking for.

Links:

Website: www.brianwillmedia.com

Twitter: @Thedropoutmm

Facebook: https://www.facebook.com/TheForceMultiplierMastermind?mibextid=ZbWKwL Instagram: @thedropoutmm

LinkIn: Brian Will