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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: June, 2021
Jun 25, 2021

On this episode, Loral is joined by Glenn Morshower. Glenn is extraordinary.  He has an acting school and he is probably one of the best businessmen I know.  This episode is part of a two-part series so be sure to check back for part two of this interview. 

Glenn and Loral talk about moving forward after COVID and masterful ways of handling what life throws at you.  Glenn shares his life theme for changing messes for the better starting with making his bed each day.  They wrap up their conversation by talking about moving forward and the importance of gratitude. 

 

Show Notes:

[01:51] Glenn shares how he has been during COVID. His business has actually flourished during the pandemic virtually. 

[03:40] He never thought he would take his acting school online but it ended up being the blessing of a lifetime now he can work with actors from all over the world. 

[04:19] We have to use our entrepreneurial thinking, when things change, we have to change. 

[04:54] You can buy anything right now.  People need resourcefulness, experience, money, partnerships, and collaborations now more than ever. 

[06:05] In the money world, you have to do the right thing at the right time.  

[07:22] If you just take a deep breath and realize my normal is really beautiful.  

[09:54] We don’t need to provide a why. We don’t need to go into our whys because our whys are our business. 

[12:09] The ultimate skill set is to build within yourself a master handler of life so that whatever occurs you are processing it in the healthiest possible way it can be processed. 

[14:54] Sadly now when anything is slightly off people can’t wait to pounce. Is that really the lens you wish to look at life through?

[15:57] Life does not need to be pre approved by you.  Life is not going to devote itself to meeting your unique needs. Don’t take things personally. 

[17:04] You can’t make a better decision in life than one that is through the template and lens of what outcome you want most. Are your actions congruent with the outcome you want?

[19:40] Glenn’s theme is to change messes for the better. Making is bed has become a metaphor for his life. 

[20:17] So many times in life people look at problems and hope they will get better. Hope is only a great beginning.  From hope, we have to spring into action. We are not going to hope it into existence. 

[20:57] There is way too much wishing, wanting, and hoping in this world and not nearly enough proactivity and doing. 

[22:49] Your car coaches you every time you get in it where your focus needs to be. We look in the rearview mirror for remembrance and learning, but the application happens where we are or moving forward. 

[24:26] So many things are clear up for us as we move forward.  All we have to do is commit to that next step. 

[26:32] It is huge to know that when you are around things get better. 

[28:21] Gratitude is the single most important thing we have in this lifetime. 

 

Links and Resources:

Ask Loral App: https://apple.co/3eIgGcX 

Loral on Facebook: https://www.facebook.com/askloral/ 

Loral on YouTube: https://www.youtube.com/user/lorallive/videos 

Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/ 

Money Rules: https://integratedwealthsystems.com/money-rules/ 

Millionaire Maker Store: https://millionairemakerstore.com/ 

Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/ 

Integrated Wealth Systems: https://integratedwealthsystems.com/ 

Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates

Jun 18, 2021

On this episode, Loral is joined by Michelle Seiler Tucker, a partner of Sharon Lechter’s on her Exit Rich Book. Michelle is the founder and CEO of Seiler Tucker Incorporated. She is a certified merger and acquisitions professional and certified senior business analyst.  

Michelle and Loral talk about exit strategies.  For so many of you, it is all about entering the business and you are not thinking about exiting.  You need to start thinking about your potential exit strategies now. Exit strategies are just as important if not more important than starting a business. 

 

Show Notes:

[01:24] Michelle Seiler Tucker is the founder and CEO of Seiler Tucker Incorporated. 

[02:38] In principle, anywhere in the world you can own a corporation and have the deductions. 

[04:11] Businesses that are a one-woman or one-man show are very difficult to sell because the business is dependent on the owner. 

[05:41] The number one reason businesses don’t sell is because business owners never think about selling and never plan an exit strategy until internal or external catastrophic events occur. Selling in a catastrophe is the worst thing you can do. 

[06:31] You really need to sell when you are in your prime and try not to sell during a catastrophic event. 

[07:10] Another mistake is that business owners are working in their business instead of on their business. You will never grow unless you let go of the control. 

[07:32] You have to focus on your strengths, hire your weaknesses on your business, with the right people.  We are really trying to build a business to run without you. 

[08:28] You don’t build a business. You build people and people build the business. 

[09:45] You need to always innovate and market. 

[11:42] A lot of business owners design their processes around their own agenda instead of designing the processes around the customer experience.  If we don’t create wow experiences for our clients somebody else will be happy to do it instead. 

[12:59] Proprietary is the number one value driver. There are six pillars to proprietary. 

[15:34] A big mistake business owners make with contracts is that they don’t include the transferable clause. We must be proactive and put that transferability clause in there. 

[17:26] Lack of profit is never the problem, it is always the symptom of. 

[18:54] Business owners don’t plan to fail, they fail to plan so they don’t have a destination. Business owners really need to think about their destination and next they need to know where they are starting from. 

[20:51] You never want to put your eggs in one buyer’s basket. You have to have backup buyers.  There are five types of buyers. 

[23:41] Exit Rich launches June 22nd, but you can get the digital download today. Exit Rich is a gold mine for entrepreneurs. 

[27:06] You don’t have to do this alone. Your network equals your net worth.  Find a mentor. 

 

Links and Resources:

Ask Loral App: https://apple.co/3eIgGcX 

Loral on Facebook: https://www.facebook.com/askloral/ 

Loral on YouTube: https://www.youtube.com/user/lorallive/videos 

Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/ 

Money Rules: https://integratedwealthsystems.com/money-rules/ 

Millionaire Maker Store: https://millionairemakerstore.com/ 

Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/ 

Integrated Wealth Systems: https://integratedwealthsystems.com/ 

Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates 

Michelle’s Website: https://seilertucker.com/

Exit Rich: https://askloral.com/exitrich

Jun 11, 2021

Download Bob and Loral's EBook Offers: https://askloral.com/book-special/ 

This episode is part two of a two-part series with my long time mentor, Bob Proctor.  I am privileged to bring Bob on this episode of the podcast.  If you haven’t listened to part one in this series be sure to go back and listen to the first part of our amazing and life changing conversation. It is astonishing what is coming up in part two.  

In this episode, Bob shares about the importance of thinking about the possibilities instead of our limitations.  He also shares about helping children learn about their potential at an early age.  Bob also shares how visualizing where you want to be in your head can lead to holding it in your hand.  

 

Show Notes:

[00:55] Bob shares about his most recent book, The Art of Thinking.  

[01:08] Most people don’t think at all and it is the highest function we are capable of. We have a marvelous mind and there is a power flowing to and through us.  When that power flows into our consciousness, we give it direction.  Most people have a program already written in their mind and that program controls their behavior.  

[03:18] You can spend time thinking about what is wrong and how you can’t or you can spend time thinking about what is right and how you can. 

[05:36] We let our limitations control us rather than our possibilities.  

[06:20] Everyone of us has infinite potential locked up within us.  If we can build a vision in our mind, we can execute it.  Don’t spend a second thinking about why you can’t. 

[07:32] When a child is born, we don’t focus on their potential.  We look more about what they are doing then what they are capable of doing.  We don’t teach them much about their potential.  

[08:22] If I can see it in my head, I can hold it in my hand.  You can get everything you need to build whatever you can visualize in your mind.  

[10:37] We can all build images.  We are image makers.  

[11:17] You say yes and you figure it out.  

[12:35] How many of you act on those gut instincts?  

[14:18] Decision is going to direct you where you are going.  Most people shy away from making decisions. We have an amazing imagination. 

[15:53] Everybody is creative.  We have phenomenal powers locked up within us. 

[18:26] That creative urge flows to and through us. We have these urges that are powerful and we have to learn how to control and direct them. 

[19:25] Bob shares the second book that has been most valuable to him. 

[20:19] You have more power, talent, and ability within you then you will ever dream of utilizing. 

[22:34] Listen to somebody that has already made it where you want to be and do exactly what they tell you until you find out they are lying or don’t know what they are talking about.

[24:29] We fail our way to our goal.  Keep your sight on the target you are shooting at and correct as needed.  

 

Links and Resources:

Download Bob and Loral's EBook Offers: https://askloral.com/book-special/ 

Ask Loral App: https://apps.apple.com/us/app/ask-loral/id1241508593?ls=1 

Loral on Facebook: https://www.facebook.com/askloral/ 

Loral on YouTube: https://www.youtube.com/user/lorallive/videos 

Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/ 

Money Rules: https://integratedwealthsystems.com/money-rules/ 

Millionaire Maker Store: https://millionairemakerstore.com/

Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/ 

Integrated Wealth Systems: https://integratedwealthsystems.com/ 

Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates

Jun 4, 2021

Download Bob and Loral's EBook Offers: https://askloral.com/book-special/ 

I am so privileged, excited, and honored to have with you my mentor for decades.  We have made millions of dollars together.  I am privileged to bring Bob Proctor on this episode of the podcast.  This podcast is about making money, keeping money, investing with a team, and none of it will happen if you don’t know how to think and stop the behaviors we talk about. 

This episode is part one of a two-part series.  We talk about the importance of writing your goal down, turning your want into a desire, and being emotionally invested in your goal. Bob shares about his transition from cleaning floors to personal development and training the world.  He shares about his first audio and his next production steps. You don’t want to miss what we talk about next in part two.  

Show Notes:

[01:26] Nobody is self-made. We have team-made millionaires.  

[02:40] Bob shares where and how he made his first million dollars.  

[04:47] Bob’s mentor told him that he had to decide exactly what he wanted, write it on a card, and carry the card in his pocket.  He has carried a card in his pocket ever since that day. 

[05:35] If you write a goal down, you don’t have to believe it. If you write it out, carry it with you, and you read it often enough you will start to believe it.   

[07:01] Success is 5% strategy and 95% mindset. 

[08:58] We have to get on the frequency that the good we desire is on. Nothing is created or destroyed.  Everything is already here. As you get on the frequency of the good you desire, it starts to move toward you and you start to move towards it. 

[11:36] You don’t get what you want. You get what you desire. 

[13:29] The picture that you hold in your mind controls the vibration you are in then that dictates what you attract in your life.  

[14:59] You want to get away from mentally dealing with debt. If that is what you are emotionally involved with, that is what you are going to attract.  You have to get rid of the idea. 

[17:01] If a person has debts, they have got to set up an automatic debt repayment account.  A portion of your income goes into that account and you don’t spend any time thinking about it.  It is all automatic.  

[17:47] Get your head out of the debt and focus on earning money.  If you focus on earning money you are going to start to attract ways to do it.  

[18:44] Bob shares about his transition from cleaning floors to personal development and training the world.   

[20:28] It is a matter of deciding what you love to do and dedicating your life to it.  Most people never figure out what they love to do.  

[22:01] You have to focus on what you want. 

[23:26] You don’t learn from winning.  You learn when you lose.  

[24:38] When a problem comes up find the good in it.  If your problem is big then you have a big opportunity.  Take your eye off the problem and look at the opportunity. 

[27:04] Bob shares how his first audio, You Were Born Rich, came about. 

[28:57] Money goes where it is invited and stays where it is welcomed.  

[31:11] Bob’s his next steps after creating You Were Born Rich including the video series. Then he started creating programs instead of books.

[32:19] Everybody has a book in them.  It is a matter of developing the confidence to know you have something worth communicating.  The first thing you need to develop is the confidence that you know you have something worth communicating. Then you have to develop the confidence to get it out there.   

[32:58] You are painting a picture in words that you already have in your head.  

Links and Resources:

Ask Loral App: https://apps.apple.com/us/app/ask-loral/id1241508593?ls=1 

Loral on Facebook: https://www.facebook.com/askloral/ 

Loral on YouTube: https://www.youtube.com/user/lorallive/videos 

Loral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/ 

Money Rules: https://integratedwealthsystems.com/money-rules/ 

Millionaire Maker Store: https://millionairemakerstore.com/

Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/ 

Integrated Wealth Systems: https://integratedwealthsystems.com/ 

Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates

Download Bob and Loral's EBook Offers: https://askloral.com/book-special/ 

 

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