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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: November, 2018
Nov 21, 2018

Matt Brauning is a two-time best-selling author, master NLP trainer, entrepreneur, and leader in the field of business development. He was a self-made millionaire by the time he was 25 years old. He is the host of The Purpose Driven Entrepreneur podcast and was featured in The Journey with Brian Tracy and Bob Proctor.

Matt is here today to talk about how to make money based on the seven drives or key principles that leading entrepreneurs and business people have in common. We talk about how our drives change over time, the importance of being transparent and congruent, and the surprising drive that has inspired many ultra successful people.

You can find Matt here:

Ask Loral
The Firebox Principle: The 7 Drives That Fuel Every Entrepreneur and Free Quiz
Matt Brauning
Matt Brauning on LinkedIn
@MattBrauning on Twitter
The Purpose Driven Entrepreneur Podcast

Show Notes

  • [01:56] Matt's book is called The Firebox Principle it's almost like a story of entrepreneurs and visionaries.
  • [02:35] Matt always felt like he was trying to fit in and looking from the outside-in until he started his first business at 22 years old.
  • [02:52] Entrepreneurship was what changed Matt's life.
  • [03:04] The seven drives.
  • [03:12] Matt look at the origin stories of visionary entrepreneurs. They had seven deep motivational drives to create what they created.
  • [04:23] If you understand your deep unconscious drive and the reason you do what you do, your actions will be congruent and you will be driven by the correct principles.
  • [04:25] The significance drive, the artisan drive, the world impact drive, the contribution drive, the spiritual drive, the thrive drive, and the avenger drive.
  • [04:46] Significance is because you want to be important. Artisan is because it's beautiful. You want to change the trajectory of the Earth with the world impact drive. Contribution drive is about the people. Spiritual drive is because the Creator said so. Thrive drive is about money and success.  The avenger drive is about taking a wrong and making it right.
  • [05:49] Drives change over time they're not a personality profile.
  • [06:12] When Matt was young, he was driven by the significance drive.
  • [07:42] I went from the significance drive to the contribution drive overnight.
  • [08:04] If you find yourself shifting drives realize it but don't throw the baby out with the bathwater.
  • [09:04] All of the drives have successful entrepreneurs behind them.
  • [09:15] The Avenger drive is an overarching one among successful entrepreneurs.
  • [11:15] Once you find out what your drive is wave the flag and share your story with everyone.
  • [12:03] If your drives aren't congruent, you can always change them.
  • [13:10] You gain wealth by having a story and real reasons and authenticity behind why you do what you do.
  • [13:41] NLP can help behavioral change. You can take control of your brain and have influence over your life.
  • [14:56] Association disassociation is one of the most underrated techniques in NLP. Looking through a memory in your own eyes is called associated. Watching the memory is called disassociated.
  • [15:40] You can consciously decide when to associate. When you associate with your own eyes the motivation is higher.
  • [16:38] The difference between what you do is based on your association in the morning.
  • [17:03] Look through your mind's eye to accomplish the things you want to accomplish, and it will create more motivation.
  • [17:59] We will always fail and be overwhelmed but the question is what are we going to do with it?

Links and Resources:

Loral’s Real Money Talks

Nov 15, 2018

Loral is interviewed on the Eliances Heroes Show by host David Cogan. They talk about  how Loral became The Millionaire Maker. Loral talks about how she has created a system for creating and keeping wealth.

They talk about having the best systems in place and being surrounded by the best team members and mentors. They also talk about side income, passive income, and understanding the new tax codes and getting the most out of that knowledge.

You can find Loral here:

Ask Loral

Show Notes

  • [00:48] Loral got the name The Millionaire Maker when she was writing a book on how to become a millionaire.
  • [00:55] A focus group from McGraw-Hill came up with this leading title.
  • [01:21] Loral is one of today's most Innovative and visible many experts and that is because she has a system for  becoming a millionaire.
  • [01:40] She was making millionaires, but then she had to write down how to do it.
  • [01:49] What also sets Loral apart is that she practices what she preaches. She's a gas and oil, real estate, and cannabis millionaire. She actively practices what she coaches and mentors.
  • [02:04] to keep on top of everything Laurel finds the best and the brightest team members for each category that she focuses on.
  • [02:36] I find world leading experts and I partner with them.
  • [02:46] Everyone was raised to believe that after you finish school, you get a job and save money if you can, so that someday you can retire. This means you rely on one source of money.
  • [03:11] We need money from various sources, because there are so many variables from losing jobs the markets crashing.
  • [03:30] Our millionaires are made with a variety of income sources including passive income.
  • [03:36] We've dissected the 2018 tax code. You are either going to win big on this tax code, or you're going to lose.
  • [04:27] Retirement by definition is an agricultural word that means to put cattle out to pasture to die. We want people to retire and be free.
  • [05:30] The best way to create wealth now and to continue creating it every day is to be surrounded by the best team. Don't do it by yourself partner with somebody who knows what they're doing.
  • [06:42] When it comes to finding the right team it's about who you know and being commuted to knowledge. Spend your time and money on learning about money.
  • [08:48] When parents work with Loral's team, children are mentored for free.

Links and Resources:

Loral’s Real Money Talks

Nov 8, 2018

The results of marketing are leads, customers, and cash. It's difficult to overemphasize the importance of marketing. It's what all future business and earnings are based on. My guest today is Steve Sipress who is a world leader at systems that enhance marketing efforts and create better businesses.  

He specializes in business systems, selling systems, and marketing systems. Steve shares his background and how he stumbled upon developing systems for sports and then for businesses. He talks about how all businesses want to attract more clients and earn more money and how systems are the way to do that.

You can find Steve here:

Ask Loral
The WOW Strategy
Help from Steve
Steve Sipress

Show Notes

  • [01:55] When Steve was in law school, he wanted to create a way for all of his school friends to stay in touch. It was a game based on sports that kept them in touch. This was a form of fantasy football that he invented.
  • [03:19] It was popular, and he started a second league. He ended up charging and he turned his hobby into a business.
  • [04:25] People asked how he built this business. He started helping people and fell into another business.
  • [05:23] He then became a business consultant and helps people make money with their business no matter what they do.
  • [05:35] All businesses want to attract more clients, better clients, raise prices, and make more money. We all went to put systems in place, so we can work less and enjoy life more.
  • [06:32] The number mistake people make is not respecting marketing. Marketing is everything. That is where the money comes from.
  • [07:25] Marketing is what pays the bills.
  • [07:43] The WOW strategy. The target Who that you want to attract. Then you have to give them an irresistible Offer. The Ways you get your irresistible offer in front of your ideal target customer.
  • [09:48] Make a list of characteristics of your clients. You will find commonalities. Find out what drives them emotionally.  Getting into psychographics or why they want the money. Someone to make money to feel smart, someone to retire early, and some just want to make more money.
  • [11:18] If your target market is everyone then your customer will be no one. You have to have an individual message for each different target client.
  • [12:09] Everyone is different. Millennials vs baby boomers.
  • [12:44] Use social media and do some research and find out who your clients are. Find out what they want and what makes them tick.
  • [14:26] Mirror what they are thinking and then offer it to them.
  • [18:06] When you care about your prospects it's not so tough to be curious and ask questions. Be honest and let them know you care about them and if you can't help them find someone who can.
  • [19:38] People who run businesses supply jobs and keep the economy going.
  • [20:07] Don't be afraid to talk in negative terms or use fear. Everyone has fears.
  • [20:44] Human beings are more motivated to take action against fear.
  • [22:15] 90% of businesses go out of businesses. They pay everyone first go into debt and then run out of money.
  • [23:09] People taking risk and doing good should make the most money of all.
  • [23:27] Find great people to hire.
  • [23:52] An entrepreneur is someone who takes assets and puts them together in a way to produce more assets.

Links and Resources:

Loral’s Real Money Talks

Nov 1, 2018

Digital currency and crypto is going to be the next boom. We are fortunate that even though many fortunes have been made, it’s not too late to get into trading. My guest today is a highly recommended bitcoin expert who is one of the speakers at my event.

Fli Mackie is a bitcoin expert who has made millions trading. He has his own trading method named after himself and a radio show about bitcoin. He is here today to talk about buying in the dip, the importance of giving 10% away, the potential of digital currency, and much more.

You can find Fli here:

Ask Loral
Fli Mackie on Facebook
Fli Mackie on Twitter
Fli's Website

Show Notes

  • [02:06] 10 years ago a friend of Fli's got 600 bitcoin. They knew that someday it would be worth something.
  • [03:20] Fli has always been a trader on the market. His dad would trade and let him pick stocks as a kid.
  • [03:46] Over the last 30 years, Fli has done really well and created his own trading method. He keeps 30% long, 30% short, and 30% liquid. He gives the other 10% away.
  • [04:22] When the market drops it's a great time to be buying. Most people don't understand that you buy in the dip. You make your fortune buying incrementally.
  • [05:45] Fli has been buying bitcoin for 10 years, but he got really serious about it 5 years ago.
  • [06:30] There are 12000 exchanges where you can open up a wallet and put your money in and start trading.
  • [07:26] Fli has a platform where you can buy, and he does all the trading.
  • [07:53] Blockchain verifies who you are and whether you have money. It's on immutable ledger. it's going to eliminate all of the fraud.
  • [09:19] Blockchain verification is going to be huge in all industries. Real estate can close in one day with blockchain technology.
  • [11:09] Blockchain is going to turn social media upside down and require the advertisers to pay us.
  • [11:50] Blockchain will turn the healthcare system upside down with smart document verification.
  • [13:00] Digital money is online. The evolution of the internet and the evolution of money. Fiat money is inflationary.
  • [14:30] There are a million bits in a bitcoin. There are 100 Satoshi per bit.
  • [15:10] There is zero inflation involved with bitcoin.
  • [15:33] If you've been buying incrementally in the dips, you have the opportunity to sell when it hits that bounce.
  • [16:38] Trade bitcoin for other coins and buy and sell the coins as they move and buy more bitcoin.
  • [19:41] Keeping bitcoin safe. Cold storing is downloading the codes off of the Internet and keeping them safe. The codes are only in the wallets when doing trades.
  • [22:44] The Fli Mackie cryptocurrency show is on 1100 KFNX.

Links and Resources:

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