Cashflow Diary | Influenced By Robert Kiyosaki Of Rich Dad About Real Estate Investing, Cash Flow And Passive Income.

Anyone who works with me knows I move quickly. I'm happy to say I'm not the only one. Talking to Joe Fairless showed me that he's an entrepreneur after my own heart. Of course, there are differences, and that's just fine. We all get to our goals in different ways. Joe likes Subway and I like Starbucks, so that's different. He's from Texas, having graduated in 2005 from Texas Tech, and I just have a PhD (public high school diploma). While our paths to investing in apartment buildings is completely different, we have a few things in common. That's what we discuss in this Cash Flow Diary podcast episode. Listen in as this former New York ad man talks about perspective, changing his mindset to keep reaching for bigger and bigger goals, networking with people who would become his private capital investors, and his transition to becoming the guy he is today. In short, he got into Real Estate Investing after putting his first $1,000 in savings into a low-interest CD and received a

Want to have more energy to run your business and keep up as an entrepreneur? Dr. Carri Drzyzga, DC, ND, has a few suggestions. A chiropractor and doctor of naturopathy, Dr. Carri has a lot to say about the benefits of healing through natural pathways and how her studies brought her to being an expert in the field of functional medicine. In short, this is finding and fixing root causes of medical issues and symptomology so you can be functional again. The good news is that more and more traditional medical practitioners and alternative medicine practitioners are embracing this form of no-nonsense medicine. Dr. Carri says she doesn't believe in practicing "Band Aide" medicine or covering symptoms up with supplements and herbs. She says that to keep our topmost asset, which is our health, in its best shape to bring us the highest returns on our health we need to be aware of what is causing our symptoms in the first place. Through functional medicine, she brings patients back into balance and a wh

Millionaire by age 38 and multi-millionaire by 39, Linda Jones started out a curious child who looked at the wealthy in her neck of the woods and wanted to know how they got there. Her people study started then and she eventually worked on Wall Street. How did she create her first few million? Through stocks, but that's not for everyone and she understands that fact. But she says anyone can become wealthy if they are willing to get up early and put in the work required. It's called action steps. Linda says there are six steps in creating wealth:Create a wealthy mindsetSave a nest egg to investFind a mentor (I happen to know someone who is really good as a mentor) who has achieved the success and wealth you desireFind the money engineFind a way to compound your investments for higher rates of return, andPut in place ways to protect your wealth.This six-step process isn't something Linda learned in her studies or her job. She learned by doing. She learned by actually making investments. She also

What if you could FIND $30K to invest in things that would bring you continual cashflow and improve your quality of life? That’s what Cash Flow Diary podcast guest Chris Miles helps people do every day! This clever cashflow detective and money expert has been asked to share his views on national TV and online, because when it comes to money he knows what he's talking about. He is a very smart cookie. Was this busy Utah father of five wasn’t always the cashflow creator he is today? No. He was once a college student with lots of ideas about what he might be when he graduated. However, he never did. One class shy of his degree, Chris walked away from his higher educational experience and become a financial planner. After four years of doing that J-O-B, however, he realized something wasn’t right. What he was telling his clients to do with their money wasn’t going to give them much in returns and certainly not enough to live a good life once they entered retirement. He felt like he was leading his clients as

This is an awesome story of a person turning an absolutely tragic situation into tremendous success. It is the true-life tale of Laptop Entrepreneur Mark Anastasi and I don't think I've ever been so quiet during an interview. Knowing who Mark is today would never tip you off to the challenges he overcame to get to where he is now. In a nutshell, Mark grew up in Athens, Greece, and left home at the age of 18 to live in the U.K. because there were no jobs in Greece. He took a job as a night-shift security guard to make ends meet, but earning minimum wage meant there wasn't going to get him there. He ended up $12K in credit card debt in two years. He then went into telesales and made exactly one sale in 14 months. He lost the job and sunk into a deep depression. Then something terrible happened. He lost his apartment and sought refuse in an abandoned building with 20 other homeless people. He couldn't go home because his family was in pretty bad shape, too. He had horrible negative self talk

Today's Cash Flow Diary podcast guest, Joel Saul-Sehy has a lot to say about one of my favorite subjects... MONEY! He knows a great deal about managing our finances and creating cashflow. His background as a financial planner helps. He was one for many years before becoming known as a "Money Man" on TV and for starting a really cool podcast, Stacking Benjamins. (I love that name!) Tune and learn how Joel went from being not great with money to being fantastic at managing his money and then teaching others to do the same. This episode includes a great lesson on why we don't need to be spending our hard-earned money on doo-dads! Plus you get lots and lots of tips on managing your money and your life, as well as how to create the cashflow you desire. 

When it comes to Real Estate Investing, Christina Suter is one of the most experienced I’ve met. She’s been at it for 25+ years and she’s done all types of deals, and now she mentors others who want to follow her path. Christina made herself a promise early on: she would never get into a long-term investment if it didn’t work for her personally and wasn’t in alignment with her goals. Hey, that’s what I call “Investor Identity.” Until you know your Investor Identity you can’t choose the best long-term investments. Christina drives this point home in memorable way. In fact, she got her start as a Real Estate Investor in a memorable way. It was at the tender age of 17 when she was pushed into investing through a family tragedy. What Christina found was that she loved Real Estate Investing! Her deals started out small in the single-family home side of investing, and then they got bigger and bigger. It wasn’t until Christina started investing in multi-family dwellings that she actually left her J – O – B, however.

International Investor Taylor White has been investing in Real Estate since the age of 22 and living overseas since the age of 27. In fact, he has invested in five countries! That’s to be applauded. Taylor started out helping his father in a bricks-n-mortar business, but knew it wasn’t for him. He hated the long hours and all the issues he had to deal with in running the business. So what did he do to make a shift in his thinking? He started reading lots of books in no-money-down Real Estate Investing and then learning from people who were seasoned Real Estate Investors. Taylor found his passion. His first deal was buying an apartment in San Diego just after 9/11 with zero down. That’s when the bug bit him… the Real Estate Investing bug! In life, one thing leads to another. That’s what happened for Taylor, too. He got interested in international investing. Taylor became successful for reasons. He had no money, but he had a whole lot of passion. Then he took action step after action step to get where he is tod

Being at Simon Black's Sovereign Academy event this year was phenomenal. I met fantastic students and people truly interested in learning. There may have been multiple languages, but everyone had a singular focus. They were there to learn the language of being entrepreneurs and investors. Man, it was exciting. It was totally worth the really, really long flight! In this episode we cover a lot of ground. We talk about building sales skills, the different types of Real Estate transactions I've done, failure events and why it's important to fail, and luck (that's laboring under correct knowledge). In the very truthful episode, you hear me talk about some of the things that happened to me as an investor and why I'm grateful for all of it. The events made me what I am today and pushed me to new levels. I tell the academy attendees about "owning the street" in Real Estate and why I like to invest that way, why I practice just-in-time learning and how soft compensation works. We we

This episode is really something different and really exciting, because it was recorded live at none other than the Sovereign Man Simon Black's Academy for young entrepreneurs gathered from around the globe. They come together this year in Lithuania to learn about what it takes to be an entrepreneur and Real Estate Investor. This episode is a crash course on everything that's covered in my book, Cash Flow Diary! We cover a whole lot of ground. The young people in the audience give me a run for my money, but it's a thrill when they start to get what I'm saying. Listen and learn my number-one goal I'm going for when getting referrals and how I use a technique I call "drafting" to get more people to attend my Cash Flow 101 games. I teach the youth why they can't look at the entire staircase when they really need to be looking at the first step! In a rousing back and forth, I discuss all sorts of topics with the energetic audience members. You're going to want to liste

Mobile device recycling expert Nathalie Mortine proves that anything can create cashflow if you solve a problem. That's what she and her husband do in their business, Elite Phone Buyers in Cincinnati. Nathalie also proves that perseverance, consistency and refusing to quit are excellent character traits for successful entrepreneurs. Before she was on TV and did really cool things in the mobile device recycling market, this youngest of six siblings had to learn to get heard over the noise. She also had to overcome her shy tendencies to succeed as she does today as an entrepreneur. That path wasn't easy, as you will hear in this introspective Cash Flow Diary podcast episode. You will also learn from Nathalie why there are lots of reasons to surround yourself with successful entrepreneurs and break bad habits that ultimately hold you back from the success you crave. We also discuss the importance of leaving a legacy not just for your family but for the world, and all sorts of interesting topics that ha

Growing up in “the hood” Pastor Mel Keyes wasn’t always on the righteous path he finds himself on today, but some things he learned growing up in a rough neighborhood were lessons he would apply later in life. For example, entrepreneurship and salesmanship. To earn money, he and his friends would buy small doo dads at wholesale pricing and flip them at retail in nicer neighborhoods. It was a great lesson. He got a taste for working on his own and for sales. Today his ministry includes programs to help others become entrepreneurs and teach them skills they need to succeed. He also teaches leadership skills, which is something he learned during his many years of service in the U.S. Air Force. Pastor Mel says he got the discipline and focus he needed in the Air Force that he hadn’t gotten at home. After the military, Mel answered the call to become a minister, but he isn’t your typical pastor. Beyond leading the people of his church in San Antonio he also leads entrepreneurs to be their most successful, bringing

As Monty Python might say, now for something completely different! (Or something like that anyway.) Call it an experiment, but this is what we're doing today as a podcast episode, because it came to my attention that you might not know that every Tuesday at 4 p.m., PST, I do a LIVE online show called Q & A with J. What's the show about? I host it for one reason: to answer investors’ questions in real time . It is really fun for me, because I never know the types of questions I’m going to get. The audience is made up of a mix of new and very seasoned investors… and everything in between. We cover a lot of ground as the questions come rolling in through the chat window about wholesaling, Raising Private Capital, fix 'n' flips, buy-and-holds, notes, negotiating deals, calculating terms and payments, and so much more. I also answer questions that I get from people ahead of time. If you want to send in your questions so they are sure to be answered, head over to www.cashflowdiary.TV/updates

Life coach, consultant, speaker, author Kimanzi Constable tells it how it is in a refreshingly open Cash Flow Diary podcast episode. Kimanzi shares everything he went through to create the success he now enjoys. Surprisingly, he holds nothing back. This two-time self-published writer has now sold more than 80,000 copies and landed a contract with a legitimate publisher. But that was not his dream. (He thought it was, but he would learn differently.) His real dreams were realized when he started helping other people overcome their problems. When he stopped focusing on what would make him happy to what would serve others his whole life changed. Listen to this episode to learn how Kimanzi went from delivering bread at the age of 19 to starting a six-figure business that same year to losing it all a few years later to building a life to be proud of... and being a bestselling author, too. Listen Now.

If you're new to Real Estate Investing and concepts in Raising Private Capital, you may not know just who Samuel Freshman is, but you need to. He wrote Principles of Real Estate Syndication, one of the best books to read if you plan on taking your Real Estate Investing business to the next level. If you're new to investing, rest assured that Samuel started just like you are, one step at a time. While today he is a professional syndicator, Real Estate promoter and author, he wasn't always. This conservative and highly successful investor began as a lawyer. When he got out of school he asked his father what he should do. His dad was a smart guy, because his answer was to follow the trend of what was happening in Real Estate in California where Samuel lived. His dad told him to become a Real Estate Investor. After working as an attorney, Samuel realized just how right his dad was, because his wealthiest clients were those who invested in Real Estate. BINGO! A light bulb flipped on and Samuel dove

Why should you care about currency and how it works? What is the ebb and flow of the Fed anyway? And what the heck does the 16th Amendment mean to you? That’s what Cash Flow Diary podcast guest Russell Gray talks about, simplifying these lofty topics so we can understand in layman’s terms. As investors, the more we know the better we can be at what we do. That’s what the DIIP is all about. That’s why I tell you to read the news, see what you can take away from what’s going on in our world today and then apply what you learn to your Real Estate business. Politics, the economy and how our Federal Reserve works dictates a lot of factors that affect your success as a Real Estate Investor. Russ spent years learning everything he could stuff into his brain about currency and investing. His research took him into the area of macroeconomics as he learned more about the Baby Boomer market. One of the most interesting things about Russ is that the way he explains things makes it easier to understand. Another thing you’

In the 1930s, Napoleon Hill wrote Think and Grow Rich. The book is as valid today as it was when it was first published. If you’ve never read this book, get to your book store or library immediately. He interviewed the wealthiest, most successful men of his day so we could all benefit from their mindset. Now, Cash Flow Diary podcast guest Sharon Lechter brings a version of this amazing book to our day with an all-new spin. Her recently released book, Think and Grow Rich for Women honors Napoleon Hill’s format and stays true to its goals, but adds a layer that applies to how women approach entrepreneurship. Sharon says that the book is being embraced, but not just by women. She adds that the last chapter in the book is devoted to women’s guilt for not being in balance with their work and life. Sharon says women must let go of their worry and their guilt. She knows what she is talking about, because she puts into practice what she tells other women to do: reframe, repurpose and focus in on what they really want

Working long hours in impressive corporate roles for 20 years until she was absolutely exhausted, guest Vicki Higgins changed her path and found the missing link between work and happiness. As a teen, this small-town Indiana girl faced overwhelming issues at home and as a result decided early on that she would have a different life. She would have it all! She put her drive to be the best into high gear and grew up to be a powerhouse player in Corporate America. The first person in her family to graduate college, Vicki went on to earn an MBA, marry a great guy and keep up appearances of having the perfect life. That worked for several years… until it didn’t. After a divorce and a few financial problems, she was forced to hit the RESET button and take a more enlightened path. Going on to become a published author of not one but two books, Vicki says you can work and be happy at the same time. She found her happiness as an entrepreneur and helps others do the same. When it comes to exactly why she put herself on

Supporting our vets isn’t just about a handshake and a pat on the back. While it's always a good thing to recognize their contribution and sacrifice by shaking their hand when you see them in daily life, there's so much more we all can and should do. Fortunately, Gregory Scott, President and CEO of New Directions for Veterans, does. In fact, his organization serves 1000+ vets and their families every year by providing affordable housing in Los Angeles. He is responsible for taking vets off the street, which is excellent since there are thousands of homeless vets who could use the assistance. His organization, NDvets.org, also helps with addiction recovery and mental health issues. The group has a clinical staff to provide services even after vets are placed in permanent housing. Gregory's organization rehabbed two old hospitals to create 147 studio apartments, which means that many more homeless vets can leave the streets and be treated with the respect they deserve. The group is also working t

Aside from referring to entrepreneurs as “superheroes,” author, speaker and top entrepreneur Kevin Johnson and I have a lot in common. For one, we both love coding and programming. Yep. I’m a closet geek. The difference is that Kevin entered his entrepreneurial experience as a programmer during the DOT COM boom days, creating websites that rock. Programming was just a hobby to me growing up that serves me today, because I look at building businesses in logical steps. For Kevin, what began with a random phone call from a company that wanted to pay him to advertise on one of his sites put him on a path he’s still on today. Becoming a successful entrepreneur wasn’t always easy, says Kevin, but he learned to put fear aside and move forward anyway. He plays a game to help him minimize his fears. Obviously the jitters haven’t stopped him, because he’s been on CNN, Good Morning America, CBS and Oprah Radio, and has been featured in the Wall Street Journal, the New York Times, Fast Company and other publications. Kev