22 Burst results for "Robert Kiyosaki"

ASU Faculty Condemn Event Featuring Dennis Prager and Charlie

The Charlie Kirk Show

01:49 min | 6 hrs ago

ASU Faculty Condemn Event Featuring Dennis Prager and Charlie

"I'm going to be speaking at an event with Dennis prager at Arizona state university, ASU. And it is causing a little bit of an issue, apparently. So it is the Barrett honors college we're speaking at this event. I mean, can you think of a less controversial title of an event? Health, wealth and happiness. That is the name of the event. Set the take place tomorrow at ASU's Arizona state university's damage auditorium will feature speakers, Charlie Kirk and Dennis prager, as well as personal financial coach Robert. Kiyosaki. Faculty at the honors college claim to have been made aware of the event, not through the established channels of communication, but rather through social media postings. So the professors are getting really fired up. The professors are really upset that Dennis prager and I are going to be on campus can't happen. Irina Levin, who's an affiliate at the Barrett honors college set about me speaking, my initial response was shock, I do not think that the decision to host these speakers at Arizona state university's premier venue is in congruence with Barrett's principles as an institution. What principles are that exactly? Outraged that conservative people might speak at the school sponsored event, Barrett faculty then created a petition. This is what they're worried about. Dennis prager and I coming on campus, they were requested the university to condemn the event.

Arizona State University Dennis Prager Barrett Honors College Charlie Kirk Honors College Irina Levin Kiyosaki Robert Barrett
Momentum Is Building for Dennis's Event at ASU on Wednesday

Dennis Prager Podcasts

01:19 min | 1 d ago

Momentum Is Building for Dennis's Event at ASU on Wednesday

"Be speaking today's Monday, two nights from now, I will be speaking with Robert kiyosaki and Charlie Kirk, and Arizona state university. 35 professors have written the university to condemn the university for inviting the three of us. In particular, Charlie and me. Robert kiyosaki is the author of rich dad poor dad. I'm not sure exactly what they have against him, so they have generally focused their condemnation on Charlie Kirk and on me. 35 professors. Therefore, if you know anybody in Arizona within hours of Phoenix, it is important to have standing room only response to this just as when I conducted the Santa Monica symphony orchestra. We sold out the Disney concert hall. They tried the same thing then professors. Don't go to Dennis prager because a conservative should not be allowed to conduct. The orchestra of a left wing city. I raise the entire budget of the veteran of that year at doing that. Didn't take any money.

Charlie Kirk Robert Kiyosaki Arizona State University Santa Monica Symphony Orchestr Disney Concert Hall Charlie Arizona Phoenix Dennis Prager
Robert Kiyosaki Says He Likes Bitcoin  Calls BTC Peoples Money

Bitcoin News

00:39 sec | 2 d ago

Robert Kiyosaki Says He Likes Bitcoin Calls BTC Peoples Money

"1 a.m. Monday, February 6th, 2023 Robert kiyosaki says he likes Bitcoin calls BTC people's money. The famous author of the bestselling book rich dad poor dad, Robert kiyosaki, says he likes Bitcoin, calling the cryptocurrency X two O one P PX 2019 S money, dot X two O one D, while admitting that he does not know much about Bitcoin. He said X two O one C 9 2019 M just glad I bought it at 6. X two O one D Robert kiyosaki says Bitcoin is X 2018 P plex 2019 S, 2019, the author of rich dad poor.

Robert Kiyosaki Bitcoin
"robert kiyosaki" Discussed on The Dentalpreneur Podcast with Dr. Mark Costes

The Dentalpreneur Podcast with Dr. Mark Costes

03:52 min | 2 weeks ago

"robert kiyosaki" Discussed on The Dentalpreneur Podcast with Dr. Mark Costes

"So yeah, I think it definitely was in my DNA. How about you guys? Well, first, you know, I was very sad to hear when we learned about your father's passing last year and can never stop a sharing our condolences for that. And we know he's fine with the angels, you know? With my parents too. I've been having somewhere just having fun. Having some heaven adobo and all the other fun stuff actually. For sure, 100%. But you know, it's interesting. And I guess the follow-up question is for Jordan too, you know, I think Jordan, your dad, lab owner, you kind of, you know, when you grow up, you're surrounded by your role models that are entrepreneurs, and actually you catch the bug, right? Yeah, yeah, well, yeah, I come from a line of entrepreneurs, right? My grandpa is starting with my grandpa for others before that. But in my lifetime, people that I knew. So my grandpa was very entrepreneurial. He had, he bought the lab and grew it in Salt Lake City. And he also owned a bunch of real estate lot of few apartment buildings, and then he created a he licensed some of his ideas to other dental labs years ago. I think this is like in the 19 50s. So he was always thinking, in fact, whenever I went to his house, much similar to you, mark. We always talked about entrepreneurship and building companies, right? And building businesses. And same thing with my dad, my dad, you know, obviously he's running, he owns the dental lab and my brothers are very entrepreneurial as well. And growing up, we never were the most wealthiest family, but my dad put in me and my twin brother's heads that you got to go start your own company and even when we were teenagers, he encourages to start a landscaping company. And then we created, we had a band, and we recorded an album and sold it to, you know, we sold it at all of our shows, and that was one of my first kind of tastes of entrepreneurship with music. And for some reason, got a taste in my mouth that I'm like, I need to figure out how to do this more and more. And then I managed a lab for a few years thinking that I was going to take it over, but then my story is I wanted to create a tech company because I love the business models of just technology companies. And yeah, I think for me, just growing up, it was all everything we did was talk about entrepreneurship entrepreneurship and building businesses and that might even my Friends today. That's all we talk about when we made up. I had some friends come over the holidays and that's literally all we talked about is entrepreneurship and business and I don't know what it is, but maybe in your genes or in your blood or the way. My dad and my grandpa talked grown up. I don't know. I've always been driven. And I knew at a really early age that I wanted to own my own company and I had a vision for myself, right? And I think that's kind of where it starts. A vision for yourself and for now my family of all girls that stresses me out too. It's a whole different podcast, man. Whole different platform. So going back to that theme, Robert kiyosaki and other rich dad poor dad mentality. You two have the rich dad mentality, right? And I say it because I want to kind of give some variety to this topic is that I come from the opposite end of the spectrum where my dad was a lawyer. My mom was a PhD, but they were, they had the employee mentality, right? Where it was. What does Robert call PhD poor hopeless and desperate?

angels Salt Lake City Jordan mark Robert kiyosaki Robert call
Robert Kiyosaki is Investing in Bitcoin

TheCoinsPost

00:37 sec | Last month

Robert Kiyosaki is Investing in Bitcoin

"7 p.m. Sunday, January 1st, 2023 Robert kiyosaki is investing in Bitcoin Robert kiyosaki is an American entrepreneur and author best known for his book rich dad poor dad, which has sold millions of copies worldwide. Kiyosaki is a vocal advocate for financial education and has been a strong supporter of Bitcoin and other cryptocurrencies. According to kiyosaki's recent tweet, Bitcoin is classified as a commodity much. The post Robert kiyosaki is investing in Bitcoin appeared first on the coins post

Robert Kiyosaki Kiyosaki Bitcoin
"robert kiyosaki" Discussed on The Bitboy Crypto Podcast

The Bitboy Crypto Podcast

05:17 min | 2 months ago

"robert kiyosaki" Discussed on The Bitboy Crypto Podcast

"Yeah, and when something I was going to say kind of very similar to the conversation we were having about talking about trading Bitcoin, the trend is your friend when trading NFTs as well. When you're talking about day trading flipping, getting in and out, it's a lot more better ROI on your time to do that in a bullish trend when NFTs are trending up when volume is trending up, you know, when new interest is coming into the space. So just like you know, kind of take a year out of trading Bitcoin while the price is falling or whatever, getting back in now during a grind up, you know, taking a similar approach to NFTs, I don't think is a bad strategy. Yeah. Someone said marathon digital down to $5 and 31 cents. I've been buying stocks lately. I might look into that one. I'm a believer in that company. Silvergate another one that's instrumental in the crypto industry that's just been absolutely hammered stock wise. Interesting. Yeah, now that's almost like an altcoin. Like it's when Bitcoin goes up. I say when, not if. When it goes up, I mean, you're going to have upside potential that beats that Bitcoin percentage, I would say. All right, rich dad, Robert kiyosaki names three factors threatening the global economic collapse.

Robert kiyosaki
"robert kiyosaki" Discussed on WLS-AM 890

WLS-AM 890

04:25 min | 2 months ago

"robert kiyosaki" Discussed on WLS-AM 890

"They were quoting Robert kiyosaki, he wrote a very popular famous book called rich dad poor dad. And he's got some pretty decent analysis of the current situation going on. Some people like them, some people don't. That's fine. But a quote from kiyosaki really caught my eye, it says, I believe the economies and the biggest bubble in world history, God have mercy on us all. Interesting. And I agree. Now be careful, folks. Because that House of Cards is going to collapse soon. What do I do? Well, the answer is keep working, pay off your debts and do what you do and you'll get through it. Don't find yourself in a boatload of debt where people can seize your assets. Try and pay off your debt now before it gets out of control. Common sense stuff. I mean, I'm not your financial adviser. This is just common sense. Don't give people a claim on your assets. People have a claim on your assets through debt because all debts are paid. All debts are paid by the debtor of the creditor. They're paid. But the warning signs are everywhere, and the reason I'm bringing it up in the beginning of the show is not because I'm near financial adviser because I'm not. I'm bringing it up in the beginning of the show because when it all comes crashing down, which it will likely by the time Joe Biden's presidency ends in the next three years, the media will find a way miraculously to blame it on people like me, conservatives who are warning you right now about what's happening and begging you to help this stop. I just proved it to you. But there are people listening in this audience who have been told the lie that deregulation somehow caused the housing crisis, crisis. And then when you ask them to walk you through it exactly, they're always puzzled. Because what caused the housing crisis was very simple. It was the federal government on video people like Barney Frank and others, Democrats and liberals, and swampy Republicans, by the way, telling banks to comply with a lot of these woke DEI initiatives, make loans to people, not based on their financial worthiness, but by woke criteria. When the loan books won bad and people couldn't pay, that was the end of it. And then the contagion spread as banks who bought into this whole thing, they had a role in it too, a big one. But banks who bought into it bought a lot of mortgage backed securities and derivatives that derive their value from underlying mortgages that were bad on the books. It's that simple. But the narrative you heard those deregulation in those awful banks. Really, the banks lend money to people that never paid it back. All debts are paid. So the bank paid it back by go by defaulting and losing their business. I don't understand. Does that even make sense to you? But some people believe this. It's happening again. A concerns me as well because these media people aren't stupid. They take advantage of crises, repeatedly, COVID, public safety crises, financial crisis, financial crisis. They take advantage of a crisis after a crisis after a crisis. To usher in a new era of government control because if you believe deregulation did it and caused the housing crisis, what are you going to clamor for? More regulation. You don't think that was their goal? A warning mark the date marked the time, we are in a massive bubble right now. The government is printed a lot of money not backed by any value, not backed by the tax base and not backed by anything. It is bleeding its way into a financial system that is overvalued these assets so they could give away a lot of this money to other people. That's why they printed it. When those assets come crashing down, you're going to pay it, not the government. The government gets its money from you, whether through taxes or through devalued currency, and you're seeing the latter now and the former also. It also lends to another narrative I told you. I'll get you after the break. How things just aren't bad enough yet. People expect that a red wave, they got a bit of a wave in certain states, but not country wide. Why? Because as I said, things are in bad enough yet. But if kiyosaki's right and some of these other people are right predicting this, it will be soon. And more on this coming up next, we'll be right back.

Robert kiyosaki kiyosaki Joe Biden Barney Frank federal government government
"robert kiyosaki" Discussed on The Dentalpreneur Podcast with Dr. Mark Costes

The Dentalpreneur Podcast with Dr. Mark Costes

01:41 min | 3 months ago

"robert kiyosaki" Discussed on The Dentalpreneur Podcast with Dr. Mark Costes

"Or you could earn it as a big business owner, or you can make money as a professional investor. Now here's the interesting thing. Like I said, how you make your money determines how much tax you pay. As I travel around the world, it's true in the U.S. to everywhere. If you make a really good salary, you're going to pay about 40% tax. If you get even more education and become an own your job now, if you're a typical going to pay about 60%, think about it. You're paying your share, pleasure to the employer share, right? You're both sides of it. However, if you graduate to a big business, all of a sudden, your tax rate drops to about 20%. And as you become a professional investor, it drops one more time, and it can go as little as 0%. That's why the book is called tax. Free wealth, not tax, reduced wealth. I've learned over the years. I've been teaching for many, many, many years. And Robert kiyosaki, I consider to be my mentor and really my greatest mentor from teaching. Capacity ever. What we learned what we've learned over the years is that. Education, if we're going to learn something, we have to have a lot of energy. What do we need? Okay, come on. What do we need? Energy. So we're going to do some things over the next 20 or 30 minutes that are going to create. Energy. First thing we're going to do is we're going to have you guys discuss. Yes, you actually get to talk

U.S. Robert kiyosaki
"robert kiyosaki" Discussed on Entrepreneur on FIRE

Entrepreneur on FIRE

05:57 min | 10 months ago

"robert kiyosaki" Discussed on Entrepreneur on FIRE

"Vincent say what's up to fire nation and share something that you believe about becoming successful that most people disagree with? What is up fire nation? Yeah, this is such a great question. I think, and I disagree. I think people disagree with this. Everybody wants to have all the great answers. You see people trying to become influencers, having just the right answers for everything. I think it's way more important to have great questions. I think curiosity trumps that. I think that's what builds connection. Robert kiyosaki said it awesome. He said statements, closed minds, questions, open minds, and I try to live by that. Now we're actually going to be painting this belief with a story. A story that happened to you as a teenager and I did tease this a little bit in the intro. So fire nation knows it's coming. I mean, this is an encounter with the mafia. And it taught you about success and connection. So tell us that story. Yeah, when I was a kid, I was a huge New York mets fan. Grew up in New York, the mets were the losing team, the Yankees were the winning team, and finally the mets were winning. In 86, they beat the Red Sox, they went to the World Series. I wasn't allowed to go to the parade..

Vincent Robert kiyosaki mets New York Yankees Red Sox
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

01:55 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"You're doing cost segregation and bonus depreciation on your properties. That is just critical. Here are a lot of naysayers about cost segregation outs too expensive. Seriously, I've seen cost segregation save people millions of dollars. And there's even some online tools that you can do for pretty inexpensively cost segregation on a single-family home. So there are some tools that you can use that are kind of a quasi do it yourself. The other is next is you either need to look at becoming a real estate professional or your spouse becoming real estate professional. It doesn't have to be both of you just one of you. Or you've got to look at the alternatives, which is how do I create passive income? So I either need to take the path to loss, make it active, or I need to take my active income and make it passive. So that would be number four. And then finally, part of really, it's part of number one, and it's part number 5, which is the team. Investing is a team sport. That's one of the very first things I learned from Robert kiyosaki is investing the team sport. And business is a team sport. I mean, I right now, literally, I'm right now teaching a class of 60 tax professionals. Well, my team is. The reason I can do this podcast because I have a team that I trust and they can do that while I stepped out to do this podcast and teach you guys. So I just can't emphasize that enough without the risk of advisers actually wrote a book called more important than money, and it's all about developing that team. So I definitely recommend that book as well. That's awesome. Now, here's what's even more awesome is people like you and I can help with step 5. That's literally what we're here to do is to help people build wealth through real estate so that they don't have to figure it all out themselves. That's where most of the businesses I have were built for that purpose is you're going to need a loan to get property. Commercial and residential, you're going to need loans for certain properties that you won't.

Robert kiyosaki
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

05:24 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"After you listen to this one, if you're curious for a little more background on this topic, please check out episode 500 of the bigger pockets real estate podcast for Brandon and I interview Robert kiyosaki, which is how we ended up getting here with Tom himself. Hope you enjoy it. Mister Tom wheel Wright, welcome to the bigger pockets podcast. It's great to have you. It's great to be here. Thanks for having me. Now Tom, you've written a very impressive book that many real estate investors have read and loved. And that was tax free wealth, which is a great name for a book who doesn't want tax free wealth. And my understanding is you have another book coming out. Can you tell me a little bit about this up and coming book? They're very excited. It's called incentives, 7 investments, the government will pay you to make. So very excited about talking about the role of taxes in getting done what the government wants done. So much of life is perspective that we take and looking at it like you did. These are things that government will pay you to do to grow your wealth is a great way of looking at it, especially because so many other people benefit if you do it as opposed to looking at it as a way that greedy shady people can hide from their responsibility to pay their own fair share. Now, we recently interviewed one of your partners Robert kiyosaki, and he mentioned you on the show. We're going to talk about that in a minute, but before we get into that, I want to play a clip from my interview with Robert and then we're going to get your feet back on that. Let's go ahead and start with that. Ray Kroc founder of McDonald's, and my friend who was at the University of Texas was talking to Ray Kroc and he said something about ray, what business are you in? Am I erased? What does this McDonald's in? Elvis says hamburgers. A race said no. McDonald's is a real estate company. And today, I think they own more real.

Mister Tom wheel Wright Robert kiyosaki Tom Brandon Ray Kroc McDonald Robert University of Texas Elvis
"robert kiyosaki" Discussed on Mind Pump

Mind Pump

04:45 min | 1 year ago

"robert kiyosaki" Discussed on Mind Pump

"The political ramifications of that. Yeah. You know? We saw what happened with TikTok and how that got political because the other owned by China. Yeah, no, it's really interesting. Well, speaking of real estate, I wanted to I shared a tweet from Robert kiyosaki this morning that I thought was interesting. We've talked a little bit about this, but he actually dropped some stats, I thought that were interesting. Listen to this stat. 77% of people who inherit family wealth lose it in less than three years. 77%, dude. You know what that is in the face? 8 out of ten people who inherit wealth lose it within three. By the way, you know what that flies in the face of? It's also 80% of millionaires today will self made, okay? 8 out of ten millionaires right now are self made, 77% of people who inherit money lose it within three years. It's almost like, doesn't matter. That flies in the face of the narrative that, oh, successful people, wealthy people. It's because mom and dad gave him money and they didn't earn just immediately guaranteed success. Yeah, no, it doesn't matter. I thought that was really crazy. 65% of all professional athletes end up going bankrupt 5 years after retirement. Well, okay, you know what's funny? So I'm sure some people are disagreeing with what I said. If we just take that and use an analogy related to fitness, if I snap my fingers right now and made everybody in America, lean and fit. What percentage of them would be able to make? Well, so I had a really good I had a really healthy debate with one of our followers about this. And one of the things that I argued was and I don't know the answer, right? But would I be here today if I didn't go through all the shit that I had to go through? Right. There's a part of me that argues that that is what got me here was that I had so much I had to overcome that it built this resiliency in me as a young child that later on became an adult that viewed the world differently versus if I was born into a family with way more privilege, would it actually be an advantage? And at face value, we all want to say, of course, it would be. You could go to greater schools and you have greater connections and like, okay, but what about what it does for my character? You know, if I got all those things, maybe I become a spoiled little bitch who thinks that he deserves everything in his entitled and don't even value any of it in front of you. Well, I have no work ethic. I have no resilience. I fail and I cry and I can't get back up. You know what it is is you have this combination of genetics and this combination of your nature, which is the stuff around you. Excuse me, nurture, which is your life around you. And it's the right mix. Maybe your genes are the kind of genetics that make you that adversity drives you to become great. And so in that particular scenario, that's what made you do really well. And in another scenario, not so much. So it's the combination. Will we ever know the answer? No, it's impossible. How could you possibly know what the right combination is that would produce success? This is why I really love that conversation.

Robert kiyosaki China America
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

07:07 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"Their point of view. I still don't understand it by listen to them. That's the wrong. You listen to them funny youtube and all this stuff. I mean. I the dvd platform people. But i can access different points of view so quickly and in a few minutes so it's a great great thing. Yeah that's awesome well. This has been phenomenal. I love having you on today. I i just admire everything that you're doing right now. And you make such an impact on the world. So thank you. And i'll let david wrap things up with the final question. I just missed meeting jordan peterson. He was scheduled to speak at ted talk that i was speaking it and he was unfortunately hospitalized right before he was supposed to fly into california so my peers are with him. But that's one brilliant mind right there. We'd love to have him on the show. I don't know brandon. I worden if we had him on the lump talk for. Let's exact with that that he is you know he is one of those geniuses walk in the planet and he's got guts that's not on the fence you know those guys gad said. He's not on the fence so hard. Core capitalist was an academic and then there's so many guys coming out now. Victor davis hanson academics. Coming out against communist academics. So it's a really exciting time. But i encourage people to listen to both sides all right last question the day robert. Where can people find out more about you. Richdad dot com is the probably the best spot. But i'm trying into a hermit. I said hi. Sit at home now. It's wonderful because i i go to the gym and all that i make i make the second and third generation guys contact my dad. Or my granddad. Gimme a book. And if there's if there's a rush that's it yeah. His highest of high said changed my life. You know most of them go into real estate. Because her entrepreneurs said i've started a business overall investing real estate. So i just remind them what ray kroc of. Mcdonald's said mcdonald's businesses not hamburgers. Donald puzzles real estate. And the purpose. And you start. A business is to buy real estate and you use debt and you pay no taxes and you have freedom and that's what it's all about. Robert has been amazing. Thank you so much. I hope you wish you best of luck on your endeavor real estate all your everything else and can't wait to see we had in the future. Thank you well. thank you. And congratulations on your success. And the go abundance. I appreciate that. Well all right now with our show with mr robert kia sake by the way i do wanna pull out here. I won't point the show david. You casually just referred to your buddy. Robert is raw up. And i thought that was pretty big. Flex you can just like shorten roberts named rob just like your your buddies so good job on that i wasn't going to go there ticket in stride. Obviously you big of an ego as you do. Call you brand. You cannot call me brand. No no just casual scholarships my buddy rob over here. This is robert kiyosaki like the godfather of everything that we do here. A bigger pocket. It's like he's like the guy that yeah but he and i go way back all the way back to lake tahoe and go bananas impacted millions of people. Maybe even billions people. Do you guys go back. Bashar you guys met before. I had not met So anyway that was a fun interview. Man he is a. He downplays his brilliance. He plays up the marine not very smart trust on the people but he is a. he is a thinker. he is a jordan peterson in himself. Very smart guy but also very good at explaining complex topics in a way that the rest of us can grasp us mere mortals. Things like rich dad. Poor dad the whole concept or the rat race. I was his thing or the cashflow quadrant or all these things that he talks about now phenomenal what he thought. I think it's worth pointing out. He is very critical of certain institutions. Now but if you look at his motive for that it's that he loves freedom so much sees those as enemies to those things so if something's is an enemy of getting out of the rat race it's an enemy of giving you the freedom to make your own choices or to build your own wealth or to carve your own path. He sees that as something that should be attacked as he's defending freedom and our ability to improve our lives and so. I think that's what i really like about his his demeanor which could be rough around the edges of the time is that he values freedom and real estate's ability to grant you that so much that he takes that that other like a stance we don't hear about too often. What are your thoughts on the tax thing you know. He's talked a lot about you. We invest real estate for debt and taxes. And i've heard before places when people talk about taxes. There's a lot of the world i would say. The majority of the world do not like us when we talk about not paying taxes right if that was a big thing that everyone railed against trump about how he didn't pay taxes and the show. I paid less taxes than my intern that that ruffled a lot of feathers. And we kinda hit on the show. But i wanted to ask you if you could maybe expand on thoughts on on that are we just. Evil capitalists will. I think donald trump and robert kiyosaki say i don't pay taxes. You shouldn't pay taxes. You're an idiot if you pay taxes in a sort of a click fashion. It gets your attention and makes you go. What why and what they're trying to do is get you down a path of learning how wealth-building works because it's a more efficient way to build wealth without being taxes but like every click bait article if you hear that phrase it's very easy to become critical of it and say oh. You're anti-american are you. You're anti that people that benefit from tax. You don't want people that are starving to get food or medicine. That's not the case at all. The government incentivizes business owners specifically real estate investors with tax incentives. That can cover all your income. Don't pay taxes because they're providing goods to the world. they are providing housing for people. They're making bad things better. You start a business. That wasn't doing that. There was a need in the market. You created away to fulfil that need in the process of that. You created a bunch of jobs for other people. That wouldn't have normally been able to do what you did. Those people pay taxes the government's happy if you create a twenty jobs pay taxes and you didn't have to pay taxes. Are you an evil person. And not at all the other thing i would point out. Is that when you do pay taxes. Let's say that you pay thirty percent of your income to the government. You're now depending on them to go. Use that money in a way. That would seem fit. The government recognizes themselves through the tax code. We're not always the best at using money. Right like opportunity zones. It'd be great example of that. They've given investors incentive to go revitalize areas that fell apart to make the world a better place and so you're not avoiding taxes so that you can keep all this money to just go eat caviar. Drink champagne you're pouring it back into the business that you have to grow it to make the world a better place and that's really what i like to highlight. Don't just take the knee jerk. Response of oh. You don't pay taxes you're bad ask. Why ask what you do with that money instead. Ask yourself well. Why is the code. The government irs code written to benefit. Is it because they're wealthy. No because they're using that money in a way that makes.

jordan peterson mr robert kia robert kiyosaki Victor davis hanson worden ray kroc gad david Robert brandon ted youtube Bashar Mcdonald mcdonald Donald lake tahoe robert california roberts
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

08:26 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"Thirty observers stupid people. Doing just don't do it now for somebody who let me. I've i've not ventured very deeply into the crypto world. But i know you've got a little bit more than i have you you sound. Bullish on crypto. Think the future and if sell like there's so many points at their what if somebody even start thinking about that well. It's the same way. I do anything i don't talk to myself. I've talked to people who are. Smart guys are actually like peter. Schiff hates he's a friend of mine and guys at rutgers won't touch it but i talked to guys who will touch it so once a while ago when crippling. Bitcoin twenty k. Is tempting because that's like prom night. Everybody's happy but you know it's going to retrace so i i talked to several people. Who are ralph pal and all that stuff is. What do you think talked to a. Max is just wait so when i retraced down to twenty k. Two three k then went to seven picked it up at nine and today it's about fifty so it's a matter of just a little financial education all booms boss and all but i don't know much about it i just don't trust the us government. I don't trust the fed. And i don't trust the treasury. I don't trust wall street. It's that simple. So i want to trust what i can control so when i talk to people as real estate's a best because of debt and taxes. Who else is going to lend you millions of dollars at low interest rates. And you don't have to pay tax on it. Oh no that's too risky. What are your thoughts on building right now. I know one of our mutual friends. You know ken ken. Mcelroy is doing a little bit of apartment complex building. And i i liked the idea of what your thoughts were. Where's the building headed right now. Is that a good investment. Because i invest with kenny as a good investment cut. Get an i have. Kennedy has made me a millionaire over hanover hanover. He smartest guy. I know in real estate and at the same time another project going up. It's much bigger than kenny's deals but it was a longer term project it's an. It's a whole day home which i'm going to be the first client. Look you look at demographics and bed. This massive finkel. The baby boomers was set for retirement. So i have the most luxurious The consistent living home is right. Next to my house and phoenix. And it's massive. It's infinite deal to have no money in the deal But that's why i love real estate so you have but you have guys like kenney on your team or tom. Wheelwright my tax-cutting yup. Well listen to you guys because it's it is higher risk if you're dealing with idiots. Data is a hundred. When i went into mobile home parks i. I was debating like in my head between mobile home parks and senior housing. Because i see the macro trends of where we're headed and invest for tomorrow right and best for twenty years from now. I mar tab. Yeah and there is something. There's a massive problem right now and there's a lot of people getting older. No they're no there and the technology improving like we're gonna live away longer than our parents lived. Heard a guy this weekend at a go vent. I know you've been no abundance. Event before organization. Yeah i love i love. Go and where we're at this event and this guy they're speaking now harvard. Phd whatever you know guy studying longevity. And he's like yeah. You guys are all living to one hundred fifty now doesn't mean we're gonna live like if they can extend their life to one hundred fifty fine but were still going to need a place for all these people live and even if it's not a hundred fifty. There's a growing problem. The two i see right now are there's a problem of affordability in america and there's a problem with With elderly care in america so we can get ahead of that curve. I think there's a lot of money to be made. This homelessness is a major major disaster. Breaks my heart my heart but in california i think the tents are causing them two hundred fifty dollars tenth ongoing. Jesus i can buy one. Rei fifty but anyway. It's a mess and then so housing will always be a mess starting tents and homelessness and all the way up to high end affordable. I'm in Elderly care which. I'm going to be the first tenant. What do you envision for. The i want to know a little bit more about this project. You're working on what he what it was like. I mean how many beds is it going to be a rooms. And what are you excited about with it. Talk into moraine here. Ma'am i really don't i don't even know. I set that project up twenty five years ago. Let's go and what happened. Was it was a no money. Down deal again is right next to my house. That's on thirty second camelback. Which is the location as thala gatien. It was a health club and it was trouble net lease so i borrowed three million dollars off of my house. I put i paid for the property. Borrowed money for that too. So the three million must amortize by the triple net paid fifty thousand a month which amortize my three million dollar debt on my house and then we rolled so after the whole thing was paid off which got all these tax breaks for an all this and then we sold it to a development company who sold it to this elder senior living housing luxury high end property so we didn't want to take the money so we sold a tone one hundred year lease. No and so this. There's a lot of money every month by still own. The property that's fascinating. Yeah such choctaw. So how many units. I don't really catch us. Somebody my check. So here's the one. I wanna highlight from that. You also incorporated leverage into this deal. Which is the best business people. Answer exactly how you just did how. What are the details. I don't know that. Stop person's job right. I had the vision. I had the money. And i let them. And that's what capitalist is they create opportunity for the person who is going in and managing all those details. So yeah. that's that's goals right there joint venture with my friend. Marion kutuzov vancouver. And when now sell carbon credits. It's a great new deal thing so we're making fortunes. Because ev because his green these greenies are gonna force. Every airlines every steamship company of trucking company to buy carbon credits so we manufacture the carbon credits and we sell it to him so much opportunity. If you're an entrepreneur if you've had the experience if the listen to guys like you who for rail in the market. The key is finding rail people or your teachers. It is the key. When i talk about flying in vietnam i flew there and i know what it feels like. I know appeal to shoot people. I know we did it. But when i talked with ho. You're so mean you know so. Well what the heck do you think we're doing out there. Playing holding hands in koumba. Yep just so out of reality today. I don't know where they're at. So i like i'd rather be a capless. I'd rather listen to you guys. I'm honored to be part of the program. You know kenny macaroni and have made millions together. But i do deals other people too. I hang out with people smarter than me and being all right that eight hard to do man. Well we gotta start wrapping this thing up. I mean this has been phenomenal. We got kind of four more four or five more questions. We it's our last segment of the show is called our famous famous for is the part of the show where we ask the same four questions. Every weekday ever guests. And so we're gonna ask you. This is the part where everyone says. Rich boorda. But i'll ask you the first question. Is there a real estate specifically related book or resource. That's been impactful on your life. Like what's your favorite source of real estate education. Well actually i read a lot of them. Lauren nickerson police. All guys are a goner. Yeah yeah but. I think the books that really affected me where the macro books the creature from jack allow on the fed and once you understood the fed. You understand why you've got to be real estate to do. I mean it's macro is not micro. Yeah and and because it's all debt and tax. Once i understood the creature from jekyll island that.

ralph pal ken ken kenny Schiff rutgers finkel Mcelroy thala gatien us government kenney hanover treasury fed Max Kennedy peter america
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

08:10 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"Saying live at free. I'm going while you're anti-american if you do that. Yeah i i've i've been buying mobile home parks lately partially because i'm like i like them. But yeah about two thousand units in the past year. Some crazy like that. But i look at this. I'm like they're giving like they're giving us loans mobile home parks at like two and three four per really low interest rates that are locked in for like a decade at these rents that two hundred dollars a month so even if we do see a decline in the economy. I'm like i can hold through them mine. Low income housing as well like the lower lower income housing apartment complex. Not like you know government housing but just cheaper apartments. People can afford to pay this. The government's just giving me almost free money and they're printing so much that that should just go up. I'm excited about this stuff. Well that's why there's three possibilities you look to the debt. Gdp ratio one of those default number two as inflation number three taxes. The problem they'll probably inflate the way they do. That is mt marxist monetary theory and you'd be universal aches. Ain't can what you're doing by now. They don't give the poor people the money directly to give to us because a. Hey we'll set. You need to pay your rent. Here's somebody to pay the rent on. Go thank you. I see the exact same thing. I think the government is going to more and more get into this housing. They write kind of mentality. But i don't think there's going to go build housing. Necessarily i think they're gonna give ten minutes money to pay us and then we're just gonna make more and that's gonna make real estate up even more valuable and our debt stays the same. So that's why. When i started this whole thing with struck with mackerel i was a debt to gdp ratio at ninety. It's good it's a one to one one point one with a keynesian multiplier but when covert hit one once one. Oh six and ten. It's one hundred thirty And so you better start protecting yourself. A nice still endorse realistic. You know because you can use debt and you pay no taxes. It will less texas. But you've got to be smart. And if you're not gonna be smart than listen to dave ramsey and lived free. I mean it's a free country agree with them if you don't have any financial education you don't wanna listen to you guys. Listen to dave ramsey. Also tony robbins. I think that's fantastic advice. I'll just in brandon. If you didn't know how to drive a car the best advice someone could give you would be. Don't get behind the wheel drive a car walking to work instead of driving his foolish right. Like that's probably the best way i could think about. The whole like is dave ramsey writer. On what depends on the person listening and what they're capable of handling if you don't want to study listen to dave ramsey. That's it's simple as that. You know like when i when i was going to fly in vietnam i decided. So who's gonna fly with an assist. The marines are the biggest psychopaths. I'll just join wanted to fly with guys who wanted to fight. I didn't want to fly with guys who draftees. It's just common sense and it's not right or wrong. It's just what sports for you. It's all the people listening right. Now is real estate good for you. Well it depends if you wanna study. It's great don't wanna study don't do and that's very good and a lot of people that bought real estate in two thousand five are nodding their heads right now seeing yup. I didn't want to study. I just wanted to speculate. And they all got burn. Can i tell you a funny story because you know like somebody says well. The market crashes oh boy. that'd be exciting. Because two thousand eight. I thought i died and went to heaven. You know they were giving away property. At the bargain-basement passes interest rates were dropping. You know people were screaming. They're complaining going thank you. Jesus wonderful so the other night. I was with my friend. He's a very very very very big real estate developer. Here i talking about wednesday's bus gonna come it's overdue and we walked into this restaurant in scottsdale arizona and they're all these women in evening gowns and he and elected to. This is time to sell and the reason is the most important lessons at the top of a market. people are the happiest give. You can understand that one so in the marcus are really really high. Everybody's happy. They're spending money on standard-bearer searches as well. Maybe it was a prom night. i said then vanilla. He's women were about four decades out of the prom season. There were just salary. Shafei flowing and i'll never celebrate about twenty album and i said that to me is the top of a market cycle. The prom night indicator i worked in restaurants during that time and i can attest to the fact that selling more expensive bottles of wine and more of them was a lot easier. I mean it was just people were yep take another one take to like take one drink of it leaving the whole bottle there and then when i got out from what i heard from other people got into law enforcement was that just got so hard to sell anything right. If people feel rich spend money freely. People don't feel rich they become tightwad and and people are happy as the top. If you could understand that one what you waiting for us. The depression when neiman. Marcus has a sale. I'm happy you know when when i don't know why people think it's bad to have a crash it cleans house except when the fed cleans it up for you in pumps about fake. Would we have had that crash that we should have had it a few times at least from my perspective just like a human being has asleep. Cycle were awake. We spend energy. We need to sleep and re re fuel and the economy works that way too. You have a big boom to many businesses or there. That shouldn't be. They need to go out. It's like a forest fire. You have a depression. Cleans out the bad ones. The capital gets reallocated. Better places. the companies do better. We get better products like better. Iphones better cars and it works. And it seems like every time it's time for us to crash and sleep. The government pumps us full of methamphetamine. And so the experience is we're doing great. I feel wonderful but underlying. It's not healthy for the body to go through that. Do you think that i'm off with that. That perspective as best as basically what's happening today is that people on addicted. It's like giving a heroin more heroin and that's where we're at today is it's sad. I mean it's really. I can laugh about an all this. But like i said in one thousand nine hundred ninety six my wife and i cried the cash flow board game so people could understand in cassese balanced station sentence or cash flow. It's not that it's the answer but if you continue on with your education learning making mistakes in dealing with good people bad people which is all part of being an entrepreneur actually got smarter and better deals come away so today i just turned seventy four. I have more deals coming my way. Just because i've made some stupid mistakes and dealt with homemade crooked people but it doesn't mean i have to be stupid. I have to be crooked. What are you investing in these days. I mean what's the focus. Fear is it real. Estate crypto as it businesses. Or all of it you know. I started buying gold. In nineteen seventy one side flew to hong kong. And i bought my first. Gold coin was south african krueger on. I'm a whole world changing. Oh my god this is money and the problem to smuggle it in the nineteen. Seventy three or two was illegal americans own gold. Smuggled us krueger and into it's not hard to do you. Tuck it in your pocket. Yeah but i still have that crooked pay fifty bucks for two days worth two thousand. Nothing's changed so that. Become become an advocate of on goal silver and today bitcoin and bullets. I mean. I made more money bullets. Because i was buying it by the pallet load was buying five five six two to three. I'm notion for seven cents around and today ain't gonna buck for.

dave ramsey government tony robbins brandon marines vietnam texas scottsdale depression marcus neiman arizona Marcus fed hong kong
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

08:17 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"Businesses to buy real estate and we understand that if brain will shift but it's not about starting a business to make money. The purpose of a business is to acquire real estate so you can use massive amounts of debt and pay no taxes. I mean that's why do it you know and it's And just get my background and real estate was i came back from vietnam. Nineteen seventy-three got spit on and hit by eggs by the hippies of the marine pilot in vietnam. So i'm a very little love affair for the flower children of peace peace. Ville here here here. i'm out there. I lost so many friends in vietnam. These episode spit on me. Hit me with eggs in california. I got. I'm still seeing my therapist about that. One but i had no peace. I had no. Ptsd in vietnam. But i had ptsd in california so the first thing my rich dad set of as i said you don't want to be a rich. This way take militate courses. Wipe stocks bonds. Mutual funds is not. This is you have to understand real estate. I didn't understand why but as you guys know. Real estate is based on two things debt and taxes debt and taxes and appear. Capless will do everything possible to avoid paying. Debt and tat. I mean using and paying no taxes. That's what capless do but these idiots go to school in then invest in a 401k which is possibly the riskiest of all long-term asset acquisitions. And i don't blame them. i don't blame. That should do that because they have no financial education. I know common sense but if you really want to be a kaplan you have to understand realistic and entrepreneurship. Yeah you know that that concept of the. Most people don't have financial literacy or the education like they've just no interest in it right like what is that other people who are just. I'm just i'm too busy. I'm working my job in our time to learn about all this complicated financial stuff. I mean like how do you. How do you respond to people like that. Maybe you don't hang out with them. I think if you've seen the cashflow quadrant ashby. Espn the i. Employees and self-employed small business guys pay the highest taxes. Your employees will pay this worldwide will pay forty percent of their gross in taxes and a self employed person like doctor lawyer. Small entrepreneur will pay sixty percent and ease s.'s. Like people go to school for go to become a doctor. A lawyer and accountant or being. Ceo you you just attack sleeve if that makes sense to you. Don't study real estate. Yeah you know i. i'll stay. I'm i'm kind of stealing from any warren buffett. Maybe at first but last year. My intern my intern. Who was only making just a little stipend to live. You know and help me out. Paid more taxes than i did. Because i own real estate and he doesn't. I don't a lot of real estate. And and i'm like this concept like i mean. He's he's in a lot in texas. Yeah and people are thinking. I don't really care. I mean it's only it comes out of my check automatically banner up to worry about it but when you look at the life of forty fifty years of all the money that you're losing not compounding incredible. It isn't incredibly. No one question. I got for you. I i get this whole lot for myself. You know david teach real estate a lot and we teach financial literacy and education. All that and i always get this question people. This kind of Almost reverse judgmental. What's wrong with being poor. what's so wrong with. Not how like with what money. Aren't you just being greedy to one all this money was. There's lots to that. Oh that's right a pure marxist. That thing i i hate to say and i were discussing before. Came on the air. My next book coming out called the capitalist manifesto and the reason that's this coming out november twenty twenty. One does us marine corps birthday and i'm a us marine. And i fought for our freedoms. And i went to vietnam twice and so what most people haven't done because i went to the academy went to new york. Besmirch marine academy kinks point and my english was in english slash economics teacher had us read the communist manifesto mein comp and mal's little book sized hitler mile stalin and marks and once you study those books you go holy moly than you realize people like my poor dad very good man stanford vs chicago. Northwestern are marxists because the academic system is based on marks principles. Well i think that comes from when people hear a saying you don't have to pay taxes it can easily be misinterpreted to sound like i don't care about other people. I don't care about anybody but myself. I'm a rich greedy. Sob and taxes for the poor man. That's one of the things. I'd like to sort of clear up because many people were here. I don't pay taxes. And that's all they hear and then that they use it as a way to dismiss anything else that said regarding capitalism because they've painted it with with a selfish rush but in exchange for not paying taxes. Because you're making your money through real estate or entrepreneurialism. You are taking off on risk. You are walking away from the safety of the sheep herd who isn't using their capital to build money they're getting paid a guaranteed check from somebody else in exchange for that they're gonna pay taxes so when you hear about people like like you robert who've made a lot of money in haven't paid taxes on it you've taken on and massive amount of risk and i'm imagining your military career. That you first started had a lot to do with you. Being comfortable with the concept of risk obvious caesar flying planes into enemy territory. You have to understand that in order to accomplish my mission. I'm taking on risk in order to have good. There's going to be bad. And i really just wanted to get your take on if you agree with the way i look at it or if you think there's another perspective to be offered i would change the word risk because it's not risky smart. So if you understand this theresa capitalist like me on on the b side be sounds for brand like a rich. Dad is a brand. I intentionally built a brand so warren buffett who invest in company that doesn't invest in startup. warren buffett only investment. Brass like coca cola. Gillette those guys where the reason. We don't pay taxes as a book by my personal account in his name. As tom wheelwright. Email good. i've ever had a mall and be a great guy on. I just met him in person. He was awesome. Yeah one have mon- awesome. But he explains it from another point of view is a taxes are incentives from the government to do what the government wants done. So think about this. I make millions of dollars and pay no taxes. Because i'm doing two big things number one. I'm using debt. I don't use my own money as called oh. Pm or infamous returns. What do you wanna call it. And the reason they need people to use debt is because 1971 a. Us dollar became debt when nixon took the dollar off the gold standard. So they're incentivizing capitalist not consumers to use debt because if guys like me sub set up to the plate and barley twenty five million dollars i just create a twenty five million dollars of nothing so they need a capitalist step up and used it number. Two reason real estate is so important is because we provide housing. And if every you ever been to a communist country like you know like jacobs. Dan or cargo stan. And all that you've been to a communist house. I mean a communist housing project where he bent to the projects in the bronx or brooklyn. That's what happens when government provides housing. So the reason i get tax breaks to big reason. It's an incentive from the us government treasury and the fed to say. Please borrow money. Please get into debt and guy. Daveramsey is a friend of mine is.

vietnam warren buffett california Ville Besmirch marine academy kaplan us marine corps Espn Northwestern texas stanford tom wheelwright david chicago new york us coca cola
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

07:43 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"Love affair for the flower children of peace peace. Ville here here here. i'm out there. I lost so many friends in vietnam. These episode spit on me. Hit me with eggs in california. I got. I'm still seeing my therapist about that. One but i had no peace. I had no. Ptsd in vietnam. But i had ptsd in california so the first thing my rich dad set of as i said you don't want to be a rich. This way take militate courses. Wipe stocks bonds. Mutual funds is not. This is you have to understand real estate. I didn't understand why but as you guys know. Real estate is based on two things debt and taxes debt and taxes and appear. Capless will do everything possible to avoid paying. Debt and tat. I mean using and paying no taxes. That's what capless do but these idiots go to school in then invest in a 401k which is possibly the riskiest of all long-term asset acquisitions. And i don't blame them. i don't blame. That should do that because they have no financial education. I know common sense but if you really want to be a kaplan you have to understand realistic and entrepreneurship. Yeah you know that that concept of the. Most people don't have financial literacy or the education like they've just no interest in it right like what is that other people who are just. I'm just i'm too busy. I'm working my job in our time to learn about all this complicated financial stuff. I mean like how do you. How do you respond to people like that. Maybe you don't hang out with them. I think if you've seen the cashflow quadrant ashby. Espn the i. Employees and self-employed small business guys pay the highest taxes. Your employees will pay this worldwide will pay forty percent of their gross in taxes and a self employed person like doctor lawyer. Small entrepreneur will pay sixty percent and ease s.'s. Like people go to school for go to become a doctor. A lawyer and accountant or being. Ceo you you just attack sleeve if that makes sense to you. Don't study real estate. Yeah you know i. i'll stay. I'm i'm kind of stealing from any warren buffett. Maybe at first but last year. My intern my intern. Who was only making just a little stipend to live. You know and help me out. Paid more taxes than i did. Because i own real estate and he doesn't. I don't a lot of real estate. And and i'm like this concept like i mean. He's he's in a lot in texas. Yeah and people are thinking. I don't really care. I mean it's only it comes out of my check automatically banner up to worry about it but when you look at the life of forty fifty years of all the money that you're losing not compounding incredible. It isn't incredibly. No one question. I got for you. I i get this whole lot for myself. You know david teach real estate a lot and we teach financial literacy and education. All that and i always get this question people. This kind of Almost reverse judgmental. What's wrong with being poor. what's so wrong with. Not how like with what money. Aren't you just being greedy to one all this money was. There's lots to that. Oh that's right a pure marxist. That thing i i hate to say and i were discussing before. Came on the air. My next book coming out called the capitalist manifesto and the reason that's this coming out november twenty twenty. One does us marine corps birthday and i'm a us marine. And i fought for our freedoms. And i went to vietnam twice and so what most people haven't done because i went to the academy went to new york. Besmirch marine academy kinks point and my english was in english slash economics teacher had us read the communist manifesto mein comp and mal's little book sized hitler mile stalin and marks and once you study those books you go holy moly than you realize people like my poor dad very good man stanford vs chicago. Northwestern are marxists because the academic system is based on marks principles. Well i think that comes from when people hear a saying you don't have to pay taxes it can easily be misinterpreted to sound like i don't care about other people. I don't care about anybody but myself. I'm a rich greedy. Sob and taxes for the poor man. That's one of the things. I'd like to sort of clear up because many people were here. I don't pay taxes. And that's all they hear and then that they use it as a way to dismiss anything else that said regarding capitalism because they've painted it with with a selfish rush but in exchange for not paying taxes. Because you're making your money through real estate or entrepreneurialism. You are taking off on risk. You are walking away from the safety of the sheep herd who isn't using their capital to build money they're getting paid a guaranteed check from somebody else in exchange for that they're gonna pay taxes so when you hear about people like like you robert who've made a lot of money in haven't paid taxes on it you've taken on and massive amount of risk and i'm imagining your military career. That you first started had a lot to do with you. Being comfortable with the concept of risk obvious caesar flying planes into enemy territory. You have to understand that in order to accomplish my mission. I'm taking on risk in order to have good. There's going to be bad. And i really just wanted to get your take on if you agree with the way i look at it or if you think there's another perspective to be offered i would change the word risk because it's not risky smart. So if you understand this theresa capitalist like me on on the b side be sounds for brand like a rich. Dad is a brand. I intentionally built a brand so warren buffett who invest in company that doesn't invest in startup. warren buffett only investment. Brass like coca cola. Gillette those guys where the reason. We don't pay taxes as a book by my personal account in his name. As tom wheelwright. Email good. i've ever had a mall and be a great guy on. I just met him in person. He was awesome. Yeah one have mon- awesome. But he explains it from another point of view is a taxes are incentives from the government to do what the government wants done. So think about this. I make millions of dollars and pay no taxes. Because i'm doing two big things number one. I'm using debt. I don't use my own money as called oh. Pm or infamous returns. What do you wanna call it. And the reason they need people to use debt is because 1971 a. Us dollar became debt when nixon took the dollar off the gold standard. So they're incentivizing capitalist not consumers to use debt because if guys like me sub set up to the plate and barley twenty five million dollars i just create a twenty five million dollars of nothing so they need a capitalist step up and used it number. Two reason real estate is so important is because we provide housing. And if every you ever been to a communist country like you know like jacobs. Dan or cargo stan. And all that you've been to a communist house. I mean a communist housing project where he bent to the projects in the bronx or brooklyn. That's what happens when government provides housing. So the reason i get tax breaks to big reason. It's an incentive from the us government treasury and the fed to say. Please borrow money. Please get into debt and guy. Daveramsey is a friend of mine is.

vietnam warren buffett california Ville Besmirch marine academy kaplan us marine corps Espn Northwestern texas stanford tom wheelwright david chicago new york us coca cola
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

01:52 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"For their life. And you're gonna here how to do that today without further. Do let's get to our interview with the author of rich dad port. Add robert kia sake robert document. It is an honor to have you here today. Thanks for joining us. Now thank you. Thank you guys for your six all your success and honored opinion program. I i've been hearing a lot about the waves. You guys are making and the good work you're doing so it's not me. Be a part of your show today. Well thank you thank you. Well you know we've interviewed what i'm that five hundred we've been almost five hundred people before this and we ask a question at the end of every show will ask you a later on. What's your real estate book. And the interesting thing is i mean. Ninety percent people stay rich. At least ninety four maybe ninety five percent and we laugh motorcycle. It's not really a real estate book. Everyone calls it a real estate book. And i'm like i like it's so i'm going to start with that. Why does everybody call rich. That board at a real estate book. I wish you would've told me when they asked me like when when when i early on when it was my turn to be interviewed on my own show. My co host asked me what. What's your federal which i was like. Well that's not a real estate book but it changed something in here in between the years that made real possible for me. Well as the book talks about in there. I think it was a Ray kroc founder of mcdonald's and my my friend who was at the university of texas. It was talking to ray kroc and he said something about you. Know ray. What business are you in a racist. But does mike donaldson and obama's hamburgers. And ray said no mcdonalds a real estate company and today i think they own more real estate than the catholic church and so back in the seventies when i was trying to figure my life out my rich dad said the same thing as the purpose of.

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

08:04 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"You where i thought people that didn't that don't think this way it it to me. It was like reading a book telling you put your pants on one leg at a time and the whole world is trying to jump into it right and so i guess my i opening was that i had an understanding of finances that not everybody else in the world and so in a sense. It helped me really a little bit better to everybody else. It didn't change the way that i thought and so that's funny that maybe like a yin in the yang et affected us both pretty significantly different ways. That's cool and you follow the second book. Sequels called cashflow quadrant. We're gonna get into a second guys but the cashflow quadrant. When i first read it right. After i didn't get it. I was like this. Report is not the same thing. I don't understand like in china. Employees or self-employed versus business owners investor. I don't get it. But then i reread it ten years later and i was like shocked at the impact of that book. Had that even real the stories. I would tell the way that i thought was all impacted heavily by cashflow quadrant. So it's been five hundred episodes of the podcasts. We've never had rob cusack in the show. Prior number one most in demand guest. We finally were able to make it work and get rubber sake on the show today since we're going to hear here shortly it's an awesome interview. We go over a lot of stuff. But just fyi is. Robert is a wild ride. He is awesome and he is blunt and he doesn't care what you think and i love that about him but just see no He's he's awesome. You're gonna you're gonna love this but just be prepared for a wild ride on today's show so i think you'll enjoy it and yeah you know what you might get offended on some stuff and that's okay. We're like it's okay. I just know that he. He comes from such a viewpoint of wanting to help people experience just freedom. That's like message of today. Is like real estate can give you freedom. He'll explain how but first let's get today's queer tip tip. Hey likes to contest. Pockets is doing a massive awesome contests. And here's the deal to give away so it's called the bigger pockets bundle. I think is what they're calling. It is basically a bundle everything you need to do to finally get into real estate investing or at least you to the next level. Here's it yet a year bigger pockets pro a year of the bigger pockets wealth magazine. Which if you're not reading. That is phenomenal. I ever to get in the moment. Guess now the bigger pockets wealth magazine and one hundred dollars to spend on bigger pocketbooks so to enter this contest to enter it. It's really really tough. All you have to do a sign into your bigger pockets account but or if you don't have a bigger projects how you can create one But literally that's it. If you sign into your account in this runs until nine thirty september thirtieth i eleven fifty nine. Pm as long as you sign into your account before that you'll be enter to win. No purchase necessary obviously void where prohibited. And you're going to be eighteen to enter and you can read the full rules at bigger pockets dot com slash bundle. But yeah somebody maybe. A few people are going to win all this cool stuff. So that's the deal that was quick and we gotta get on with today's show but first let's hear from today's show sponsors score master. Hey mortgage professionals if you increase your loan qualifications by twenty percent or more you do it right let me tell you about hey mortgage professionals if you can increase your loan qualifications by twenty percent or more you do it right. Let me tell you about score master. The website were consumers super boost their credit scores. Score master just introduced their mortgage professional portal. And it'll change. How you do business the average score master user. Rabbi the average score master user raises their credit score. Sixty one points in twenty days or less and typically. It's thirty plus points in just four days. If your client had sixty one points added to their credit scores how much more profitable with your loan. And how many more qualified happy buyers would you have. That's the power of score master score. Master helps you close more business. More profitable loans boost client retention and gives you an advantage over competitors and they only do a soft poll credit check your competitors never know when your prospects are home shopping. Go to score master dot com slash bigger pockets and click four lenders that score master dot com slash bigger pockets and click on four lenders score. Master dot com. Invest capital is a lubbock texas based group indication that will be open to any accredited investor regardless of where you live for the low barrier to entry. This is a huge opportunity to get in with them. Heavy hitter investors who will be joining the indication as limited partners. Who will invest right alongside you whether you aren't experienced investors or just starting out knowing where to find real estate. Investment opportunities is one of an investor's biggest challenges invest with partners who have a track record and whose main focus is on cash flowing real estate borough state and appreciate an asset in strong rental markets. The homebase will be lubbock. Texas a bedrock of strong rental property assets and the home of a major university. The general partners experience tough to match which includes a real estate attorney property management experts real estate investment experts and business owners. They are even clients of my life. Coach jason juries so team up with a winning team joining invex capital today but hurry. Once they raise the target capital amount they will close the fund. You can learn more at invest cap dot com. That's i n. V. e. x. cap dot com. That's i n. V. e. x. cap dot com purchasing. Your own real estate investment. Properties can be extremely challenging an time consuming. If you don't know where or what to look for this is exactly why. Multifamily syndications have become so popular moma's indications allow a group of investors to pool their capital the other to by bigger and better deals this means greater economies of scale and far less operational risk when you partner with an experienced sponsor like bam capital with over half a billion dollars in real estate asset management bam capital focused on midwest be plus two a. rated multifamily apartments due to their steady and consistent rent growth and appreciation bam's capital fund is open for credited investors and targets consistent reliable cashflow long-term appreciation accelerated tax benefits. Investors are eligible to earn ten percent targeted monthly distributions. Before twenty. twenty two. Whether you're looking to learn more about multifamily investment opportunities already to partner with band today. Their team is ready to assist at bam capital. You're not just an investor you're part of the bam bam to join go to the bam companies dot com again. That's the bambi a. M. companies dot com. and now. I think it's time to get into the interview with robert. Talk anything you want. Add david before we jump in. And we will debrief after the show as well so you guys hang tight for the very end of the show as well but anything you wanna add. I would say that roberson opinions are stronger than what most people are used to hearing. They may be different than what a lot of people hearing think. He mentioned that his age. We say seventy six years old. Some four seventy four as you're listening. Just keep in mind. These are the perspectives of a person that seen a lot. It's been through a lot mentioned. He was a fighter pilot in the vietnamese where he'd vietnam and there was a lot of things he went through there and he grew up in hawaii and a area where he wasn't always welcomed and so a lot of the perspectives. Rubber has sort of been forged in this fire of life that he's gone through and so i appreciate robert sharing his story at his perspective and how he came to see things in why he's so passionate about those things but it may not be the way that you are used to seeing things growing up in a different america and a different world than what robert grew up in. So just keep that in. Mind as you listen and there are a ton of gold doug to take out of this thing. I'd hate for people to miss out on those goal. Doug just because his perspective isn't the same as what many people's is today. Yeah we talked about everything. From communism versus marxism we talk about crypto currency. A little bit. We talk about the federal reserve and and the gold standard real estate. What he's invested in right now in fact she's a cool project that he's building right now based on the macro trends in america that i think that part of the conversation could change your life if you start thinking that way so hang tight for all that and if you like this show don't forget to leave us ratings and over an itunes and google play or stitcher wherever you're the show at Let the world know and You know. Share this on your instagram on your facebook where you can do to help. Spread the word about what we're doing here trying to build an army of people that are dedicated to freedom.

bam capital rob cusack Invest capital lubbock Coach jason Robert china Rabbi moma robert texas Texas midwest roberson david vietnam hawaii
"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

07:41 min | 1 year ago

"robert kiyosaki" Discussed on BiggerPockets Real Estate Podcast

"To barnes and noble. And i wouldn't stat at barnes and noble and read it cover to cover in you know three hours whatever one night and it changed my life what i would say as rich that port at put words to groaning in my soul that i knew i knew the life that i was being prescribed this go to law school and get a good job but worked for fifty years and retire on government benefits and all that stuff other. There's something wrong. There's something like almost evil about that. And i can't put my finger on it and i'm going to read that house like that's it and hundreds and hundreds of other our guests on the show of the same thing so i am To sam excited about today's interview into releases tavern. Buddy is an understatement. So i'm excited to figure out here. I wonder who ended up getting that book with your beard hair in it. When i wonder somebody up in the The tukwila the tukwila area of seattle. That's who got it. I remember when. I first read the book. Everyone was telling me how life changing it was. Do you'll never be the same. After he read this book. And i read it and i actually had sort of almost the opposite of feelings. You where i thought people that didn't that don't think this way it it to me. It was like reading a book telling you put your pants on one leg at a time and the whole world is trying to jump into it right and so i guess my i opening was that i had an understanding of finances that not everybody else in the world and so in a sense. It helped me really a little bit better to everybody else. It didn't change the way that i thought and so that's funny that maybe like a yin in the yang et affected us both pretty significantly different ways. That's cool and you follow the second book. Sequels called cashflow quadrant. We're gonna get into a second guys but the cashflow quadrant. When i first read it right. After i didn't get it. I was like this. Report is not the same thing. I don't understand like in china. Employees or self-employed versus business owners investor. I don't get it. But then i reread it ten years later and i was like shocked at the impact of that book. Had that even real the stories. I would tell the way that i thought was all impacted heavily by cashflow quadrant. So it's been five hundred episodes of the podcasts. We've never had rob cusack in the show. Prior number one most in demand guest. We finally were able to make it work and get rubber sake on the show today since we're going to hear here shortly it's an awesome interview. We go over a lot of stuff. But just fyi is. Robert is a wild ride. He is awesome and he is blunt and he doesn't care what you think and i love that about him but just see no He's he's awesome. You're gonna you're gonna love this but just be prepared for a wild ride on today's show so i think you'll enjoy it and yeah you know what you might get offended on some stuff and that's okay. We're like it's okay. I just know that he. He comes from such a viewpoint of wanting to help people experience just freedom. That's like message of today. Is like real estate can give you freedom. He'll explain how but first let's get today's queer tip tip. Hey likes to contest. Pockets is doing a massive awesome contests. And here's the deal to give away so it's called the bigger pockets bundle. I think is what they're calling. It is basically a bundle everything you need to do to finally get into real estate investing or at least you to the next level. Here's it yet a year bigger pockets pro a year of the bigger pockets wealth magazine. Which if you're not reading. That is phenomenal. I ever to get in the moment. Guess now the bigger pockets wealth magazine and one hundred dollars to spend on bigger pocketbooks so to enter this contest to enter it. It's really really tough. All you have to do a sign into your bigger pockets account but or if you don't have a bigger projects how you can create one But literally that's it. If you sign into your account in this runs until nine thirty september thirtieth i eleven fifty nine. Pm as long as you sign into your account before that you'll be enter to win. No purchase necessary obviously void where prohibited. And you're going to be eighteen to enter and you can read the full rules at bigger pockets dot com slash bundle. But yeah somebody maybe. A few people are going to win all this cool stuff. So that's the deal that was quick and we gotta get on with today's show but first let's hear from today's show sponsors score master. Hey mortgage professionals if you increase your loan qualifications by twenty percent or more you do it right let me tell you about hey mortgage professionals if you can increase your loan qualifications by twenty percent or more you do it right. Let me tell you about score master. The website were consumers super boost their credit scores. Score master just introduced their mortgage professional portal. And it'll change. How you do business the average score master user. Rabbi the average score master user raises their credit score. Sixty one points in twenty days or less and typically. It's thirty plus points in just four days. If your client had sixty one points added to their credit scores how much more profitable with your loan. And how many more qualified happy buyers would you have. That's the power of score master score. Master helps you close more business. More profitable loans boost client retention and gives you an advantage over competitors and they only do a soft poll credit check your competitors never know when your prospects are home shopping. Go to score master dot com slash bigger pockets and click four lenders that score master dot com slash bigger pockets and click on four lenders score. Master dot com. Invest capital is a lubbock texas based group indication that will be open to any accredited investor regardless of where you live for the low barrier to entry. This is a huge opportunity to get in with them. Heavy hitter investors who will be joining the indication as limited partners. Who will invest right alongside you whether you aren't experienced investors or just starting out knowing where to find real estate. Investment opportunities is one of an investor's biggest challenges invest with partners who have a track record and whose main focus is on cash flowing real estate borough state and appreciate an asset in strong rental markets. The homebase will be lubbock. Texas a bedrock of strong rental property assets and the home of a major university. The general partners experience tough to match which includes a real estate attorney property management experts real estate investment experts and business owners. They are even clients of my life. Coach jason juries so team up with a winning team joining invex capital today but hurry. Once they raise the target capital amount they will close the fund. You can learn more at invest cap dot com. That's i n. V. e. x. cap dot com. That's i n. V. e. x. cap dot com purchasing. Your own real estate investment. Properties can be extremely challenging an time consuming. If you don't know where or what to look for this is exactly why. Multifamily syndications have become so popular moma's indications allow a group of investors to pool their capital the other to by bigger and better deals this means greater economies of scale and far less operational risk when you partner with an experienced sponsor like bam capital with over half a billion dollars in real estate asset management bam capital focused on midwest be plus two a. rated multifamily apartments due to their steady and consistent rent growth and appreciation bam's capital fund is open for credited investors and targets consistent reliable cashflow long-term appreciation accelerated tax benefits. Investors are eligible to earn ten percent targeted monthly distributions. Before twenty. twenty two. Whether you're looking to learn more about multifamily investment opportunities already to partner with band today. Their team is ready to assist at bam capital. You're not just an investor you're part of the bam bam to join go to the bam companies dot com again. That's the bambi a. M. companies dot com. and now. I think it's time to get into the interview with robert. Talk anything you want. Add david before we jump in. And we will debrief after the show as well so you guys hang tight for the very end of.

barnes rob cusack noble Buddy sam seattle Invest capital lubbock bam capital china Robert Coach jason Rabbi texas moma Texas midwest
"robert kiyosaki" Discussed on WTVN

WTVN

07:04 min | 2 years ago

"robert kiyosaki" Discussed on WTVN

"This radio 16 w TVN Back in 1986 Bon Jovi released their slippery when wet album. It was the top selling album of the year and yielded three top 10 singles, including this one, the Living on a Prayer. Was a cool piece of trivia guitarist Richie Sambora. He used a top box that was built for him. By Peter Frampton for this recording, you know, a few years ago, Christian I got to interview Peter Frampton. We were down in Nashville. Studio, and he had a new album coming out a new project where he was using the acoustic guitar. To play all the songs that made him famous back in the seventies with the Peter Frampton alive album that made him so famous, and it's kind of interesting. His perspective, he said. You know, back in the seventies when he came out with his live alchemy said I wanted everybody to listen to my music and go, Whoa and kind of be blown away. He said. But with my new album, he said, You know, my goal here is for people listen to my music and kind of lean forward and go. Hmm. Totally different perspective. And isn't that kind of the way Life is any way that we just get a new perspective on things and the things that we wanted to do? We're young aren't necessarily as much of a thrill. As we get a little older. It's funny that you just said that, Greg because we started this talking about Bon Jovi and living on a prayer. The first time I heard that song I still remember. I can't move the name of the bar. If you remember the name of it. You have to call in and tell me but it was on South High Street there on campus at Ohio State, right next to the Taco bell. That was there right after 11th Avenue. I can't think of the name of it, but I remember the song coming on. And everyone went nuts and I'm looking around and I'm like, what's so exciting about this song? And my roommates in college? Couldn't believe that I didn't know that song. So every time I hear now I laughed to myself. So you know, looking back. You know, it was now I wasn't drinking. I was underage. I was just having a good time, which you can, Which means your hands in college? You're living on a prayer already, Right? That's right. I was a good girl to Christian. You'd go out with your friends underage and you're all marked up with all the extra dollar. Everything? Yes, Gotta do The right thing. See? Music brings back memories. We love that. But we also need to look forward to the future and People are especially right now looking forward to the future financially with a lot of different mixed emotions. So for you listening, how much money do you need before you think you can call yourself rich? According to Charles Schwab, a survey they did it's $2 million. But financial writer Robert Kiyosaki points out that there's a difference between being rich and being wealthy. He says that the rich have a lot of money, but the wealthy, don't worry about money. In other words, being wealthy is all about financial freedom. So even if our listeners don't have $2 million, which a lot of the folks that you helped do a lot of them, don't But if they don't have $2 million listening today, can they still find financial freedom? When you're saying that, Kristen, it made me think about a conversation The boys had with each other about. You know their friends and who is rich and who is wealthy. You know how they equate wealth you? No one was saying no, such and such is wealthy because their parents have three cars and a boat or they have such a such video games. I'm sure Yes. Oh, Cameron had asked the question was our house a mansion? Well, that's that won't know it's on a mansion. It's It's a big house, but it's not anywhere near mission. He's like wall. My friends think we live in a mansion, and I said, Why do they think that and he said it was because we had a big basement, you know, So it's funny how we from an early age is quite certain things to being rich or wealthy or not. But what I think is really important to point out is when it comes to retirement, and you're talking about wealth and And richness and things of that nature. There's so many factors that go into whether you're rich or wealthy. From a practical standpoint, it has a lot to do with your cost of living. Right. How much cash you need. To be comfortable now, you know, there's a psychological aspect of you know, even the poorest can be rich and we'll get into that another day. But I'll say that we've had people come into our office who have over a million dollars saved. You know that quote unquote who you would think is rich. I think, according to this article, they said $2 million. You are But if their cost of living if they're going on fancy European trips every year and spinning 200,000 year and expenses and specifically thinking about a client here in Dublin actually, who has a home down in Florida, and she spends almost 50,000 year on taxes between the two properties and his running out of money she once had over a million dollars, but because she wants to keep the status of both homes She's really struggling financially as thieves. Market dips have happened now She's not a wealth management client of ours, but we do have some other accounts with her, so we don't have all of her money. So I think there's definitely some aspects that need to be addressed. If you want to put that title if you want to sign that title to yourself, I think the key here is financial freedom. And financial freedom really can can be in a lot of different viewpoints. I think it's whenever you can live the lifestyle that you envision yourself living and not worry. And they say wealth comes when you don't have to worry about money. Well, what if you're not wealthy? What if you've not saved $50 Million or $20 million of $30 million That's awfully big number and the average worker will never get to that number. But there's lots of what we call the middle class millionaires that have worked really hard. They've saved really well, they've been really smart with their money, and they've saved $5,000,004 million or even a million dollars, And I mean that's a great accomplishment for you. And if you've done that, you should be really proud of what you've accomplished now taking that. Transitioning into Okay. What are your goals for that? And I would say that the number one aspect about having that financial freedom is having a plan. Having, uh, plan. I'm thinking about a couple that we met with about a month ago and super nice couple and they had done a really good job. They say $3.4 million So they were rich, according to that survey, right? But they needed on Lee an additional $70,000 per year. And here's what the wife said to me, she said, You know I know that we don't really need to worry about Being able to generate that $70,000 from $3.4 million She said, Greg, I don't want to guess I don't want to be worried about pandemics. I don't want to be worried about 2008 market crashes. Can you set up an account that will guarantee that $70,000 year? Contractually for us? I said, Absolutely..

Peter Frampton Greg Richie Sambora Bon Jovi Nashville Robert Kiyosaki Charles Schwab Ohio State writer Kristen Lee Cameron Florida Dublin
Brad Sugars on Business Re-Education

The Nice Guys on Business Podcast

11:14 min | 3 years ago

Brad Sugars on Business Re-Education

"Rad sugars and his team continued to build business reeducation to new levels. Today we are going to put but the F. Word back into business. You know we're GONNA tease that alphabet. Welcome Brad so the nice guys on business podcast. Hey honey could to be with you today. Happy to have you here. Obviously it sounds sounds like you have in northern New Jersey accent. When did you move from? No it's funny where you're from Australia. It's amazing the places people like you from the South Yeah just a little further to the south though a little further south keep moving south. Keep moving so Brad I've had I've had a number of friends now. I haven't had the chance to see it personally. Although I watched a bunch of your youtube videos videos over the last couple of weeks since we've uh scheduled this interview and looked at the reviews and and the Synopsis Of the Book Although I am we'll talk about that a little bit but I've had had many many friends that have actually had the opportunity to see you in you know in action on stage and they all agree that you that you love. The stage in the stage loves you. When did that love Affair Fair begin exactly Dang you know I I got on stage? I remember many moons ago. I was as a young man in business and when you get successively young age people like well. Can you tell us what you did as if there's some magic pill that I did something different whatever other person that was successful didn't so I started teaching and and then I think it was ninety. Ninety four Robert Kiyosaki invited me to come and speak at is business school now he's super famous with the Rich Dad poor dad series but and I went to a and he said you come speak in Hawaii teach business at my business school that came over to Hawaiian on my hand. I get paid to travel around the world. Hold and speak to people this is cool. I'll do this forever. Yeah no hesitation yes. The love affair began as soon as I saw that I could get paid to do this and travel took took some great places my eventually. I was GONNA say that eventually I worked out hang on. This is really hard work. Because I remember there was a couple of years. I did more than two two hundred events a year and I thought this is really hard wood. I gotTA actually create a business instead of actually just running myself ragged right all for sure I agree with you you so for you to to be able to go and bus home for for two hundred dates. A year doesn't leave a lot of time for I believe you have a family also so it doesn't leave a lot of time for that. Does it no well in those days. I was young and single today with five kids. It's like I think podcasts are much better idea doug where do you where do you live. What part of the country Las Vegas biggest home? My wife is from Massachusetts. So we kinda found a city that was halfway between Australia and Massachusetts not really but at least it's fun enough for an Australian Lynn and so you actually live in Vegas now yeah we live in Las Vegas which people go really you live in Las Vegas. I always joke and say yeah we live at the MGM. Oh it's a it's a great place place to I mean in real estate investments good opportunity there and it's still reasonably priced. I mean it does get a little hot in the summer but but it really is a nice place to live if you if you don't don't live right on this trip I would believe you know very spoiled. In this city we do have the entire Strip right there but we also have a ski field forty five minutes up the road. They'll lake forty five minutes that way and some of the best desert hiking but you know it's it's a great city to live in an as you mentioned real estate wise yet. We did okay coming out of the away crash. We wrote the couple of as you might say nice well. I've had an opportunity to go in. There probably dozens of times over the last few years to to to rent Iran Harley so I love riding my bike up into what does it Mount Charleston. Is that where the the ski slopes are somewhere over in that area Lee Lee Canyon Mount Charleston and then you do the red rock loop ahead on on APP to blue diamond and stuff. There's a lot of great places to ride so fantastic city. Now is definitely a great city well I. If I can remember back my dad past unfortunately in the mid nineties he created this selling system and he always used to say you put me across from prospect in a stadium filled with fans and I will close them. Does the audience charge you up to do the same thing or do you use that as your educational tool what I know there's there's money from stage but it also does a lot for your for your inner work as well. Obviously we use the stage to introduce ourselves to a lot of people and I think that's sort of where I started in the beginning. I remember way way back back did a deal with the newspaper company and they literally put me in front of two hundred eighty eight thousand people over two years and it was to introduce used to people and yeah we sold but mostly I believe in education. I'm people they say also your motivational speaker and I personally hate that because if you motivated an idiot they just do stupid stupid things and so my goal is always been education first motivation second saw so so many people today unfortunately are one month away from broke and I think I'm being even generous by saying they might even be one one month away from broke. Some of them are one paycheck away from broke. Who who is your market though because it you tend to gravitate or the people tend to gravitate towards you at least the friends that I have that been have have been attracted you or the ones that have already the achieved a huge level of success in their life enter just trying to figure out? How did they get to that next level so they're looking to us? Maybe talk about that for just a moment or two yeah yeah look we the people we work with the mostly business owners or those who wanna go into business for themselves. You know a lot of a lot of corporate executives too because when you're when you're an executive at a very high level or an entrepreneur running your own business it's Valey. I you know I'll put it very bluntly. Business ownership and executive level work is some of the loneliest what there is and because there's no one you can turn to so having a coach is something that is really important because two things things one is that coach will introduce you to a community of other successful business owners who people want to hang out with and learn with and learn from but also the coach is someone you can actually talk to 'cause when when you're a high level business post when you're achieved success or you're doing good and you WanNa do great. Who Do you talk to you know and that's the challenge for a lot of these people? I've always found again. I'm going to go back to some things that my dad said and he always said hey if you wanna do something successfully find someone else at at this time successfully and just see if you can attach to them just at least from a mentor apprentice perspective and and he he was so right through the entire process and and I'm assuming coming that your coaches they're not just educated by you. There's people that have achieved some level of success in their life and the ones that you put into the coaching realm are are others that can teach teach what they have done now. Do they do it with your system and teaching their industry or do you tell me a little bit about the coaches that you coach Yeah Look so my coaching team week. I mean we do a lot of to recruit. Great coaches is always a challenge. That's that's the thing so you know we're always on the lookout for great coaches is because they had the sort of person that loves helping others but also has that ability to build long term relationships and also has the ability to actually actually coaching knowledge now when it comes to the system and hence suave written. What is it now seven votes? The systematic methodology with which we grow businesses is my what am I. The latest book is called the Business College and what are we coach tweet coach to round thirteen thousand companies and business owners before I even wrote at that book and that book gotTa be fifteen years old now and the reason I say that is because what we find is there is a systematic methodology policy within which you can succeed in business. It's like there's a recipe for it and if you build a business according to the recipe it will actually work if you build a business based on just your gut feel like baking a cake. You know it's it's not going to be perfect until you've got that skill set that you know how to do it so we're very clear on doing that. NECC- that's hence why wrote the latest one that pulling prophets because it was about businesses doing good that WanNa do great you know how do you get actual exponential growth and how do you do that. Live with grow so you know it's been an interesting one to say that because the hottest spot for me in the beginning Doug was definitely getting out of my head will what is that that I actually do. How is it that I actually achieved this level of success and that to me was always going to be the challenge so Nice Guy Community? We're GONNA make sure we put a link Linkin. The show notes that you have access to to Brad's book pulling profits out of a hat I love the name but it but it definitely ties conjures up a feeling of it seems to be I'm just GONNA put some profits out of a hat. Obviously it's more complicated than that you talk about incremental growth versus exponential growth and maybe just spend a moment sharing the definitions of the two because I think so oh Manitoba's and all include me is part of a part of that US as well so many of us build our businesses on on incremental growth instead of the idea of the bigger their picture or even the larger picture is growing growth or building your business exponentially so maybe just share a little bit about what those two things me yes so let's let's even go back. Pre the incremental growth a lot of businesses do grow plateau will grow dip even they they do that sort of up and down or up and sideways type thing and that's really where they end up being the incremental growth is where you start talking in percentages and you know the average business is very happy to have ten twenty thirty percent growth way we challenge them with this book and we challenge them what they're thinking of. Why Gopher percentages why not go for multiplies so if you're saying okay I'M GONNA get fifteen percent growth next year and I asked you the question what would feed fifteen times growth and the average person looks at you have no idea what it would take to get fifteen times gross? You say great so now that I've asked the question someone once said to me that the answer the answer doesn't matter if you ask the right questions because you know by asking people the question of what it would take to get twenty daytime growth thirty times growth all of a sudden you're asking the right question. It's like the bag of the Tanzanian says. Do you have a dime. Those you know you have twenty bucks you. You know it's it's that simple difference in Austin the question so exponential for us is looking at the multiply growth so it took two years to put this book together to study got clients that are actually doing that and look at what's the distinct difference between Bandmann those who were not doing that level of growth. Can I'd love to go. Can we take a little bit deeper. Deeper dive into that. 'cause I really WanNa know what those what those disciplines are. That people are working towards in in finding exponential growth from from increment in incremental growth perfect. Yeah look so when we sat down and you use the right way disciplines what we found is as five core disciplines and the reason we use the word discipline discipline is because let's say you get it right today. That doesn't mean it'll be right tomorrow. you know you've got to actually be disciplined and stay on top. It's like so the five core disciplines number one not in any particular order strategy business development people execution and mission those five Kohl's away we find the result so if we take just business development which sales marketing and customer service side of the

Wanna Brad Las Vegas Doug New Jersey Australia Business College Massachusetts Executive Youtube Robert Kiyosaki MGM Lee Lee Canyon Mount Charlesto Mount Charleston Hawaii Iran Harley Kohl Austin