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Now displaying: September, 2019
Sep 26, 2019

Entrepreneurs and business owners often talk about setting goals, accomplishing what’s important, and finding balance in life. Business and life strategist Gary Coxe is here to talk about how time balance isn’t always possible but what is possible is finding goals that are in balance with your beliefs and values. 

Gary coaches clients to break through their self-imposed limitations. He has been seen on shows like The View, Dr. Phil, and more. We had an interesting discussion about how we need to believe our goals and how if we don’t believe them, we can’t feel them. He also explains why it’s so important to clear out past trauma so those feelings don’t continue to resurface. 

You can find Gary here:

BLITZ Your Wealth Plan!
Ask Loral
Gary Coxe

Show Notes:

  • [01:33] When Gary was 15, the second business he started was doing over $100,000 a year. 
  • [01:56] He then got married, and his wife told him that the baby she just had was not his. Then his grandfather and step father die of cancer. His uncle was killed in a plane crash. His father was shot and died. He had gone through a huge series of losses by the time he was 21 years old. 
  • [02:42] If we learn how to clean the negatives from our past out, we create emotional freedom. Then we are able to be a lot more successful.
  • [03:18] To be more successful, we have to take on more risk. There comes side effects and challenges with that risk.
  • [04:07] We have to take risks to get better. When we fail while taking that risk, we relive all of the emotional pain from the past.
  • [04:14] We don't want to feel that pain when taking our business or finances to the next level. 
  • [05:06] Knowing what you need to do but not doing it is often a sign that you have things stuck at your emotional hard drive.
  • [05:26] We all create different stories. We need to be aware of our stories and mental processes. 
  • [07:23] Ask how you reward the behaviors that are not working towards your success.
  • [08:37] We have to have leverage to make change. Value and belief are to make change. 
  • [10:00] For every belief we act on, we get a result. We need to be able to identify or limiting beliefs.
  • [10:40] We need to go from a limiting belief to an empowering belief. Find strategies to believe your belief. 
  • [12:15] Be a leader of your feelings, not a slave to your feelings. 
  • [13:03] You know a belief is empowering if when you say it you feel it. 
  • [13:41] When you find a strategy to make the feelings match the words, change will happen. 
  • [14:09] Feeling connectivity. Learn to understand how you can make a feeling match a belief. This creates emotional freedom.
  • [15:41] When my feelings are not in harmony with my goals, ignore my feelings.
  • [16:21] We either ignore or reward our feelings. If our feelings aren't congruent with our goals we need to ignore them.
  • [18:25] Write down your goals, because how you feel about them is a powerful measuring chart. 
  • [19:19] You can't balance time. Write down your goals everyday. You can have a balancing of values and beliefs.

Links and Resources:

Integrated Wealth Systems

Sep 26, 2019

Entrepreneurs and business owners often talk about setting goals, accomplishing what’s important, and finding balance in life. Business and life strategist Gary Coxe is here to talk about how time balance isn’t always possible but what is possible is finding goals that are in balance with your beliefs and values. 

Gary coaches clients to break through their self-imposed limitations. He has been seen on shows like The View, Dr. Phil, and more. We had an interesting discussion about how we need to believe our goals and how if we don’t believe them, we can’t feel them. He also explains why it’s so important to clear out past trauma so those feelings don’t continue to resurface. 

You can find Gary here:

BLITZ Your Wealth Plan!
Ask Loral
Gary Coxe

Show Notes:

  • [01:33] When Gary was 15, the second business he started was doing over $100,000 a year. 
  • [01:56] He then got married, and his wife told him that the baby she just had was not his. Then his grandfather and step father die of cancer. His uncle was killed in a plane crash. His father was shot and died. He had gone through a huge series of losses by the time he was 21 years old. 
  • [02:42] If we learn how to clean the negatives from our past out, we create emotional freedom. Then we are able to be a lot more successful.
  • [03:18] To be more successful, we have to take on more risk. There comes side effects and challenges with that risk.
  • [04:07] We have to take risks to get better. When we fail while taking that risk, we relive all of the emotional pain from the past.
  • [04:14] We don't want to feel that pain when taking our business or finances to the next level. 
  • [05:06] Knowing what you need to do but not doing it is often a sign that you have things stuck at your emotional hard drive.
  • [05:26] We all create different stories. We need to be aware of our stories and mental processes. 
  • [07:23] Ask how you reward the behaviors that are not working towards your success.
  • [08:37] We have to have leverage to make change. Value and belief are to make change. 
  • [10:00] For every belief we act on, we get a result. We need to be able to identify or limiting beliefs.
  • [10:40] We need to go from a limiting belief to an empowering belief. Find strategies to believe your belief. 
  • [12:15] Be a leader of your feelings, not a slave to your feelings. 
  • [13:03] You know a belief is empowering if when you say it you feel it. 
  • [13:41] When you find a strategy to make the feelings match the words, change will happen. 
  • [14:09] Feeling connectivity. Learn to understand how you can make a feeling match a belief. This creates emotional freedom.
  • [15:41] When my feelings are not in harmony with my goals, ignore my feelings.
  • [16:21] We either ignore or reward our feelings. If our feelings aren't congruent with our goals we need to ignore them.
  • [18:25] Write down your goals, because how you feel about them is a powerful measuring chart. 
  • [19:19] You can't balance time. Write down your goals everyday. You can have a balancing of values and beliefs.

Links and Resources:

Integrated Wealth Systems

Sep 19, 2019

Robert Jones is the Founder of the only independent non-franchised networking group called Network Together. He stumbled on this amazing opportunity by chance with a failed attempt to connect at a Chamber of Commerce. He now has over 1200 members, and they are growing at a rapid pace.

His group not only nurtures members in self-confidence, mindset, and public speaking, it also creates growth opportunities for individuals and their businesses. He was surprised by how much he loved networking and people. According to Robert, having the proper mindset and being authentic to your true self is the ticket to success.   

You can find Robert here:

BLITZ Your Wealth Plan!
Ask Loral
Network Together
Robert Jones on LinkedIn
Network Together on Facebook
Network Expo
Robert@NeworkTogether.net

Show Notes:

  • [02:42] Robert grew up in Texas and then served in the Marines for 10 years. After the Marines, he went to college and majored in business and psychology. He then went to school for statistical analysis in Arizona. 
  • [03:28] He then started a company in San Diego, but wanted to be closer to family and moved to Arizona.
  • [04:38] For awhile, he floundered in business and invested in real estate that he lost in 2008.
  • [05:04] After a bad Chamber of Commerce experience, Robert decided to found and create Network Together. There was a need for an alternative network style group. 
  • [07:13] At least two guests go to the Network Together chapter each week. 
  • [07:38] If you are anywhere near passionate about what you do, you should at least bring in 7 new clients from 100 Network Together guests each year.
  • [08:08] The value is being seen and just having the confidence to ask.
  • [08:40] Some people have a fear of money. They don't know how to manage money. They don't look at money as a friend, they look at it as an adversary.
  • [08:50] The first pillar we have is public speaking. This creates confidence and makes people more valuable to their peers. 
  • [09:40] Having the power of voice to speak will translate into doing better business. 
  • [10:43] The first place you have to find value is within yourself.
  • [12:08] There is training, one on ones, and webinars to help people get to their self-worth. 
  • [12:29] Rank worth is what makes you stand out in your industry. Your five most ideal clients are your triumphs. 
  • [14:22] Acceptance is so valuable. 
  • [16:12] Time is a limit we can do nothing about. Everything starts with a foundation. What are your goals for the day? Do your revenue bringing tasks first. 
  • [18:12] Break your goals down to actions. Write them down and see what the outcomes are. 
  • [19:32] Pattern interrupt. It's not about disruption, it's about awareness. Do a time audit. Write down what you do and your results for the next five days. Implement impactful things from you time audit. 
  • [23:38] Learn to be true and authentic to who you are. 

Links and Resources:

Sep 5, 2019

Rob Kolb is one of my favorite alternative financial planners. He has been in the finance industry for over 20 years. His main area of focus is helping find strategies to create wealth and lower taxes. He is good at it too. Today, Rob shares a genius strategy for amplifying wealth without giving it all to the government in the form of taxes. 

This strategy is one that is used by the wealthy to lower their taxes, have penalty free access to their money, and have tax free income. We talk about the different types of money. Rob explains what red, blue, and green money is. Green money is money that lowers taxes or has tax free income, has a good rate of return, and leverages OPM. This is the type of money we are talking about today.

You can find Rob here:

RKolb@GoGreenFS.com
BLITZ Your Wealth Plan
Ask Loral

Show Notes:

  • [01:57] Rob has been in the financial industry for 20-plus years. His ran several different agencies. In the past, he was security licensed. 
  • [02:12] He has spent most of his life helping people find strategies to create wealth and lower taxes.
  • [02:18] He works with The Independent Excellence Group. This is a national group that gets together on a quarterly basis to find strategies to help upper end clients lower taxes, make more money, and have a much larger flow of income. 
  • [03:10] Most people use their 401k to help lower taxes, because they assume they'll be in a lower tax bracket later in life. We are currently in one of the lowest tax brackets, so it's likely your bracket could be higher later on in life.
  • [03:58] Our country is 22 trillion dollars in debt. It will be amazing to see what the country will try to do to resolve that debt.
  • [04:19] A trillion seconds is like 33,000 years. 
  • [05:55] Deferring your taxes is like taking out a loan with the IRS and not knowing what interest rate you're going to be paying it back to the IRS. 
  • [06:09] With a Roth IRA you pay taxes up front and don't pay taxes on the gains. Because of the amount limits, it's not a vehicle for building true wealth. 
  • [07:50] From 2000 to 2018, people put their money at risk in the stock market and got about 4.5% returns. 
  • [08:28] Solo 401ks are different, because you can make different investments. Traditional 401ks can put you in a higher tax bracket, and you may have to pay penalties and taxes depending on when you withdraw.
  • [09:31] There are even penalties for not taking money out after you are 70 and 1/2. The penalty for not taking your required minimum distribution is 50%.
  • [10:35] Using OPM others people's money is a way to grow, expand, and do deals. It's a strategic tactic. 
  • [12:08] A good strategy lowers taxes for later or is tax free income. It would also be nice to make a decent rate of return without worrying about the ups and downs of the stock market.
  • [12:58] There's a specific strategy to enjoy the upside of the market without a downside. We also want to use other people's money, so we have access to our cash.
  • [13:43] The killer to any sound financial plan is called procrastination. Start now. Start early.
  • [15:44] There is a tax code section called 7702 that revolves around life insurance. There are tax advantages if you set up life insurance correctly.
  • [16:31] When using life insurance as a tax play, you buy the least amount available and put the most money in. This creates a large cash value. This money can be accessed by taking a loan against it. Because of the spread, you are using other people's money. In this case, the life insurance company's money.
  • [17:54] You also have the ability to access this money before age 59 and a half. Think of it as a wealth account. This account compounds and gives you financial freedom later that is tax free. 
  • [19:10] The idea is to use it for tax advantages, not a death benefit.
  • [19:52] The top 25% of earners in America are $80,000 and above. When you have a tax problem and not an income problem, it's time to fix it.
  • [21:11] With cash value life insurance, expenses are on the front end.
  • [22:07] The compounding benefits are huge.
  • [24:04] We're talking about guaranteed money by large insurance companies. They have to have money on reserve. We call this green money.
  • [25:13] Red money is tied up in the stock market. Blue money is alternative investments. Things like gas & oil, etc. 
  • [27:44] If you aren't getting matching dollars with your 401k, maybe you should reallocate that money.
  • [28:23] Rob has an ebook that pinpoints this strategy. You need an independent advisor to set up the strategy properly. Email RKolb@GoGreenFS.com to get his ebook.

Links and Resources:

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