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Real Money Talks

As an entrepreneur, small business or practice owner, or high-level executive, do you ever find yourself wondering if you’re using all the tax, entity and wealth strategies available to you or if your investments are truly producing all they could be? Happily, you don’t have to put up with that any longer. I have the solution. Real Money Talks! We're having the right conversation about money.
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Now displaying: March, 2017
Mar 31, 2017

Today’s guest is a world-class expert who makes sure that all my events are profitable. Linda Kane of Blue Diamond Event Management has been my event manager for several years. She has been doing live events and has been working with coaches and entrepreneurs for 12 years. 

 

In today’s episode, Linda and I talk about the factors that create a successful and profitable event. She shares pricing tips and guidelines as well as strategies on how you can lessen the overall expense of your event while increasing it's revenue.  

 

 

Know your back end – what do you want to make in the event, how are you going to get there and reverse engineer it. – Linda Kane 

 

 

 

In This Episode of Real Money Talks: 

  • How to get a profitable venue 
  • Buying versus renting audio visual equipment 
  • How to effectively save on event materials 
  • The category where the biggest expenses go 
  • How good marketing affects your profitability 
  • How much to charge the client 
  • Where to start with sponsorships and how to take care of sponsors 

 

 

 

 

Subscribe, Rate & Share Real Money Talks! 

        

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com

Mar 27, 2017

Are you content with the path that your general knowledge is taking you? Do you desire a great change in your life as you intentionally look into the knowledge that you possess but have left unexplored?  Information is readily available with a few clicks on the keyboard, but with this accessibility also comes the issue of data integrity and reliability. Nothing beats an accustomed companion like books, especially concerning dependability and timelessness. At present - regarding marketing, competence, and authority - creating a book is the new calling card as it requires having specialized and specific knowledge about a certain topic or area.

 

In today’s episode, I talk about the difference between general knowledge and specialized knowledge based on my experience and the book Think and Grow Rich, a reading that has been my constant companion offering me motivation and inspiration since I was 17. I also discuss how you can turn your general knowledge into something distinctive that can make you a game changer in your field. I identify the missing link that has turned generations into “general thinkers” and propose a new approach to thinking, organizing, and learning that will surely take you places if you open your mind and apply it.

 

 

General knowledge you can all get, and knowledge is only power when you direct it, when you organize it.

 

 

 

In This Episode of Real Money Talks: 

  • Defining two kinds of knowledge – general and specialized
  • How the founding of many things like the educational system, financial system, and even nations stemmed from having organizations
  • What pattern millionaires have in common on the road to getting wealthy
  • Deeper strategies to prepare for and do based on the simple formula for getting rich
  • What to look for when “purchasing” knowledge

 

 

 

 

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 24, 2017

Are you tired of doing the same work over and over again without the possibility of professional growth and progress? Do you have ideas that can potentially impact and eventually change the sector you are in? Have you been contemplating on stepping out of your comfort zone to be a game changer, but doesn’t seem to know how?

 

While there are things that are best done the traditional way, the modernization brought about by advancements in technology has presented alternatives, not only in doing business, but also in the progress you can make in the game you are in. These options are fast becoming the trend and direction that takes you to efficiency and success in this digital age.

 

In today’s episode, I discuss one of the chapters in the book I co-authored with Kevin Harrington entitled Get in the Game. This chapter talks about the steps you can take to become a disruptor or a game changer regardless of the business field you are in. There are four phases that will help you achieve your end goal, and today, I'll share some game-changing ideas in the different sectors and how technology plays a big part in the steps to being a successful disruptive game changer.

 

 

Game changing means getting to the gaming field, not sitting in the bleacher fields.

 

 

 

In This Episode of Real Money Talks: 

  • Why you should want to be a game changer
  • The four steps to be transformed into a game changer
  • How you can fulfill the first step by controlling your life and the sector you’re in
  • Defining sequencing and it’s significance in getting in the game
  • What “game change hop” is and the formula in staying in the game
  • How getting incorporated and committing to a structure allows you to remain in the game
  • How to create a new game by blending in new technologies and products into one

 

 

Four Steps to Becoming a Game Changer: 

  1. Get in the game.
  2. Stay in the game.
  3. Create the game.
  4. Assume you will always lead the game.

 

 

 

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 22, 2017

If you are in the real estate business, it is crucial that you understand the buying patterns of the different generations. To do this, you need to know the distinct characteristics, attitude, and mentality of each generation to cater to their needs successfully. With millennials having a lot of buying power in this age, deciphering their viewpoint will help in your investment ventures.

Today’s guest is my partner, Jesse Brewer. He began investing in rentals when he was only 22. He had bought turnkey rentals even before it became a trend in this field. He has been in the property business for a while now and is very fascinated with millennials.

On today’s episode, Jesse and I discuss what differentiates the Millennials from the previous generations. Jesse recognizes that several years from now, 3 out of 4 workers will belong to this generation. Because of this, it is important to know and understand their spending habits, mindset, outlook, and especially the reasons why they do not usually buy and invest in real estate.

 

“The new American dream is not the American dream.” – Jesse Brewer

  

In This Episode of Real Money Talks: 

  • Real estate renting and selling in relation to the attitude of millennials
  • Why Jessie targets markets in the urban area
  • Understanding the character of millennials
  • Apartment designs millennial renters like
  • Millennials’ mindset about buying homes concerning school accessibility

  

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 17, 2017

Do you want to know how you can take your startup company to the next level? Or maybe you’re wondering why your long-running business has stagnated? Do you think your current human resources are enough to resolve your present business predicaments? How does a strategist contribute in the growth of your company?

Today’s guest is the person major corporations call when they have a problem. Sean Roach does corporate strategy and is a small business advocate. He is a highly functioning dyslexic and a non-sequential thinker. Aside from these, he believes that part of his gift is to see problems, which makes him an excellent strategist. He is also a big advocate for hiring vets because of the skills they learned in the field.

Sean and I talk about the reasons why you need a master coach or strategist to guide you in your business. He shares how a strategist works, elaborates his responsibilities, and explains how he helps companies see what most people don’t see. He believes that there is an amazingly good situation that would come out of every bad situation.

 

 

“One of the strategic things you can do is to truly, truly know where you are weak.” – Sean Roach

 

In This Episode of Real Money Talks: 

  • Difference between a coach and a strategist
  • How to become more strategic
  • Difference between being critical and knowing your weakness
  • How to build strategic partnerships
  • Definition of a good coach/strategist
  • Examples of particular kinds of CEOs to emphasize the importance of knowing when to step down in the growth of a business
  • Kind of people strategists like to work with
  • Business divorce stories that have gone wrong

 

 

Sean's Tips for You That He Learned from His Mentor:

  • Own nothing. Control everything.
  • For businesses, finalize the divorce before you have a marriage.

 

 Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 15, 2017

Do you want to reach more people to promote your services, but don’t seem to know where to start? Do you want to be referred to as an expert in what you do? How do you stand out in the midst of the competition? Today’s guest is an expert at taking the lead in marketing your brand. Sean Roach does corporate strategy for some leading corporations like Apple, Google, and Amazon. He also works with small businesses and solopreneurs since he understands the significance of great marketing, especially when starting a business.

On today’s episode, Sean gives some practical tips on how you can position yourself as an expert in what you do. He mentions some dos and don’ts you can quickly follow to promote yourself and your services successfully.  Sean also emphasizes how being specific about your market or niche will drastically change the positioning for you.

 

 

“The key thing is you got to position yourself as an expert in whatever you’re doing.” – Sean Roach

 

  

In This Episode of Real Money Talks: 

  • How to become an expert at what you do
  • How to define your niche
  • Best places to go for market research
  • Questions to help you figure out your market
  • How to use Amazon to identify your niche
  • What to record on your videos, how to easily do it, and where you can post them

  

How to Position Yourself as an Expert: 

  1. Do your market research.
  2. Write a book.
  3. Become a bestseller.
  4. Start recording videos and post them on broadcasting websites.

  

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 13, 2017

Today’s guest is lawyer and legal coach from Seattle, Washington, Heather Pearce Campbell. Heather is also the founder of an online company called Legal Website Warrior. Aside from her legal practice, she is also part of a restaurant business in Pendleton, Oregon. It is an extension of her father’s western store called Hamley’s, the oldest saddle-making company in America

With the many stories of joint ventures gone wrong, it is best to know how to draft a business contract that would deal with the possibility of business partners parting ways in the long run. On today’s episode, Heather shares some practical steps that help make this separation easier, simpler, and smoother for both parties. She explains the rationale behind each step and gives advice on the best possible ways to deal with a business divorce.

  

“The first thing, and absolutely the most important, is to make sure that the contract you’re using is reflective of the arrangement that you’re putting in place.” – Heather Pearce Campbell

 

 

In This Episode of Real Money Talks: 

  • What should be reflected in the business contract and why
  • What you need in a contract
  • How to deal with interstate or international business partnership
  • What litigation, mediation, and arbitration means in business
  • Things to do and consider in advance to assume a strife-free business divorce

 

Checklist in Designing a Business Divorce: 

  1. Reflect the actual agreement.
  2. Identify the specifics of the who, what, why, where, when, how.
  3. Know where the money’s going to be held.
  4. Consider the ending, which can be a resolution procedure.

  

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 10, 2017

Since the invention of the Internet, a lot of people have taken advantage of the accessibility and convenience that this innovation brings. Because of this, more people chose to conduct their business online, but with this new method of trade also comes some challenges that concern not only the safety and security of the consumers, but also of the online business.

 Today’s guest is a lawyer and legal coach based in Seattle, Washington. Heather Pearce Campbell offers legal information and services in Washington and provides legal coaching for small businesses and entrepreneurs around the country.

On today’s episode, Heather shares the risks that online businesses are in and the means to protect the company. Since more than half of all businesses had to deal with data breach in 2016 alone, the legal rules involving cyber security has also evolved quickly. It is important to be aware of the ways that online businesses can protect themselves from fraudulent transactions and hacking.

 

Cyber security insurance policies are the fastest growing insurance policy right now.” – Heather Pearce Campbell

  

In This Episode of Real Money Talks: 

  • How hacking works as a group that makes small businesses as prone to hacking as big companies
  • The significant risks of online businesses
  • How having terms and conditions play a big part in protecting your intellectual property
  • How the “right click” on the Terms of Use or License Agreement before any purchase can stand up in court and save you from a lot of trouble
  • What a Friendly Fraud is and how you can set up different levels of protection from this
  • How a Privacy Policy protects you if you get hacked

 

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 8, 2017

If you are a hardworking person who wants to give the best to your family, it is natural for you to go over your monthly expenses and make sure that there is enough money to pay for all your needs. These necessities may include your household utilities, food, mortgage, car loan, college plan, and the like. And every month it’s always the same – you get your paycheck, and after ten minutes of holding your hard-earned money, they’re all gone and put away to account for all the necessary payables. Many people do not know that this is a lifestyle cycle, but you have the choice, just to carry on or start living the wealth cycle.

 

Today on the Real Money Talks podcast, I am going to talk about the difference between the Lifestyle Cycle and the Wealth Cycle. As you listen in, I want you to look at your behavior and assess which pattern you’re living out. Are you designing your life to be rich? Where are you spending your time and energy? Once you have figured it out, remember that the change in your thinking and spending can make a whole lot of difference in your goal to be rich because it is an activity that requires time and energy. It is a choice. Make yours today.

 

 

Focus on income and assets, not on liability and debt.

 

 

 

In This Episode of Real Money Talks: 

  • The one system about becoming a millionaire through tax planning, proper corporate structure, trust, and insurance
  • The wrong focus and thinking associated with the Lifestyle Cycle
  • Definition of Lifestyle Thinking and how the society has designed you to be monthly-payment thinkers
  • How you can see where your focus is – either in the inflow or outflow of money – as you do a simple project by documenting yourself for a month
  • What the Law of Attraction is and how it contributes in reaching your desire to be rich
  • What the Wealth Cycle is and the world’s view of it together with how corporate people live out this cycle
  • Understanding debt and how good debt becomes a leverage

 

 

 

Subscribe, Rate & Share Real Money Talks!

       

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Mar 3, 2017

Do you know the difference between a Trust and a Family Limited Partnership? Many people often believe that they are the same, but they are two very different entities. So, what’s the difference and how can you learn which one is right for you? Should you have both?

My brilliant CFO and tax strategist, Weldon Wulstein, joins me on the show again today to explain how these two entities differ, the various types of trusts, and when you should consider getting a trust set up and organized.

 

“A living trust is not a tax savings vehicle. It is an asset protection vehicle.” – Weldon Wulstein

 

In This Episode of Real Money Talks:

  • The difference between a living trust and an asset protection trust.
  • Taxation benefits of living trusts vs. asset protection trusts.
  • What is a Family Limited Partnership and how does it work?
  • How gifting Family Limited Partnership interest works.
  • The structure of Family Limited Partnerships and trusts.
  • When you should begin to set up a Family Limited Partnership and trusts and why you should have them set up even when you have insurance.
  • The difference between asset protection, taxation, and estate and family wealth building.

 

 

Free Gifts!

Download your free copy of the Top 10 Differences Between Trusts and Family Limited Partnerships! Head over to AskLoral.com/podcastgifts to download your free copy today!

 

Subscribe, Rate & Share Real Money Talks!          

         

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!          

Mar 1, 2017

President Trump has said many times that he will be raising our interest rates while he is in office, and while I don’t believe we will see a significant increase until at least late-Summer or early-Fall, I do believe that we should prepare ourselves before it happens. That is why I’ve decided to sit down with my CFO and Senior Tax Strategist, Weldon Wulstein, to get his opinion on what it would mean for our listeners if President Trump does, in fact, raise interest rates in the United States.

Weldon Wulstein joins me on the show today to share his advice, thoughts, and opinions on what might happen when the interest rates go up, how it will affect our currency, and what consumers need to know to properly prepare themselves for this increase.

 

“Banks are already anticipating an increase in interest rates.” – Weldon Wulstein

 

In This Episode of Real Money Talks:

  • How rising interest rates may affect consumers credit card debts and car loans.
  • Will a rise in interest rates make it more difficult to get a mortgage?
  • How the increase will affect other currencies, such as gold.
  • Why he believes it’s better to stay off Wall Street.

 

Weldon Wulstein’s Advice to Consumers:

  1. Consider fixing your variable mortgage or interest rates.
  2. Check your credit card cap.
  3. Watch the market and pay attention to it.

 

Subscribe, Rate & Share Real Money Talks!         

        

Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!         

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