Money School Elite

From the day we're born, we're programmed to work, earn and deposit what we make in the bank, but we're NEVER taught how to actually take control of our money.    Banks have all the control, and they use your money to make more, while your wealth is eroded by debt and interest rates. What if you could mimic the bank, and take control by changing one simple thing?    How do you become your own bank...

The beauty of real estate is that we can create anything we want out of it. We can build wealth, provide a better future for our families, and change the trajectory of our lives. Our guest took a leap into investing as a divorced single mom, and today she's doing the kind of deals most people can only dream of.    The biggest false belief when it comes to real estate is that you have to have a bun...

One of the biggest jokes in the traditional banking system is that you can have money and be unbankable. Many people who dream of homeownership can't have it because they don't fit into the banks' tiny box of an ideal borrower.    If we can become our own bank, we can take our power back, and from an investor's perspective, help people desperately seeking homeownership.    This is where owner-fina...

In today's special episode, I'm honored to be joined by snowboarding legend, trailblazing athlete, influencer and one of my personal heroes, Terje Haakonsen.    Terje is an athlete I've looked up to and studied throughout my own career. He has revolutionized the sport in so many ways, pioneering new concepts, pushing the envelope and constantly evolving what success in snowboarding looks like. I'm...

Flipping houses isn't the way it looks on TV, especially if you're scaling your operation, bleeding money on multiple projects, and rolling with the punches of a shifting market.   It's safe to say that the investors still doing flips today are navigating a ton of challenges, so how are people like my guest succeeding?    In a challenging market where cosmetic flips are incredibly rare, the hidden...

Real estate investing is all about creating the financial certainty to support your future. Unfortunately, the current market is driven by anything but certainty or an interest in the future.    Most investors have drifted so far away from the fundamentals they are completely disconnected from the economic reality, and spending money in dangerous ways.    What are the fundamentals we should be pay...

Success is a play in 4 acts; knowing what you want, believing you can do it, believing you're worthy of it and then going out to get it. Most people only get 2 steps in before giving up, and you can blame the subconscious for this!   90% of the time, we operate on a subconscious level, and that part of us can either help us reach our dreams or sabotage us. If we want to turn a vision into a tangib...

You don't have to be an economist to know that the market is in BIG trouble. History has taught us that big bubbles are always followed by dark times, and the clues that we're headed for a storm are EVERYWHERE.    Real estate investing veteran, coach and author Mike Morawski has picked up an awful lot of wisdom over a 30-year career. He sees shades of 2006 in the market today, and he believes a cr...

There's a clear and simple recipe for success in real estate investing, but there's also a path for failure, and challenges that can defeat smart, cautious and well-intentioned people.    The biggest challenge isn't dealing with property, or even navigating the market - it's taking control of the space between our ears. What mindset do you need to have about this venture, and what do you need to e...

Value is what we can do for someone that they can't do for themselves.    Entrepreneurs are driven by serving people and solving problems, but how can we create something of value for others when we're wrapped up in ourselves? How can we be impactful without empathy?    People are living in their own motion pictures with very little room for other people in the screenplay. A lack of empathy isn't...

Everything we've been taught about money our entire lives, is set up to enrich other people while we take on all the risk and end up with very little to show for it. It's really not a winning proposition.    Without knowing it, we constantly give up control of our money to banks, financial advisors and money managers, but they've rigged the game against us. Fortunately, there is a way out - we can...

There are only two types of dreamers - those who never accomplish what they envision, and those that do. What fuels the individuals who are able to blast through fear, doubt and negativity? Do they possess a secret superpower?    Today, a man whose life has inspired millions of people is going to answer these questions, and share what it takes to make your dreams come alive.    In today's episode,...

Trillions of dollars in stimulus are flowing to asset classes like real estate, creating massive bubbles, a flurry of activity and a lot of competition. Should you compete or sit this market out?    We don't have to follow the crowd and expose ourselves to massive risk to make money. We can set ourselves up for a better future by approaching things differently.    How is this market affecting the...

Land flipping is rapidly becoming an attractive model, especially for investors who want to move away from challenging and expensive home flips.    The market for land hasn't really gone mainstream, and getting into this model is easier for beginners who want to create wealth.    What makes land flipping so great? How do you build a system around land flipping so that it generates passive income? ...

When you're drowning in debt, it feels like you're a slave to lenders, banks and credit card companies. Digging yourself out of the hole is the first step to financial freedom, but how do you do it when you have limited cash and opportunities?    Because of this lack of money, contacts or credentials, many wealth building models seem out of reach for rookie investors.    How did our guest use real...

Investing in land is an attractive wealth building model because it plays by a completely different set of rules. However, many overlook it because they don't completely understand the process.   Taking advantage of raw land deals is one of the smartest things we can do right now. With so much market uncertainty, this strategy allows us to maintain control of our money and create revolving income....

We're always told that thoughts become realities - but our thoughts have their own master - our beliefs. There's no way to make a meaningful change without dealing with our inner selves.   This is the process our guest today went through. Between age 16 and age 31, he went from homeless and directionless to selling his first company for $6 million. What is his secret?   If our beliefs and thoughts...

The process of building wealth isn't always easy, but sometimes investors make it harder than it needs to be. Some of the most expensive, progress-destroying mistakes investors make are entirely avoidable .   By adopting the right mindset about your portfolio, you avoid losing money, protect yourself and set yourself up for bigger opportunities.    Why do we get in trouble when we start investing...

Whether you want to flip property, wholesale or buy-to-hold, the one thing all investors have in common is an urgent need for motivated sellers. There are so many ways to generate these leads, but there is one channel we overlook to our own detriment - radio. It's an effective, set-and-forget inbound marketing strategy that blows the competition out of the water by giving us authority in a matter...

2021 promises to bring significant shifts to our tax landscape. These changes and developments can work for or against us, depending on the strategies we apply.   This economy requires financial service providers who understand how to use vehicles like Infinite Banking to help accomplish your goals in this time of massive change.    What tax changes do we need to be paying attention to? How do we...

Successful investors have something in common - a bad moment or bad deal that put them on the ropes. We've all experienced losses, crushing blows and challenges that made us want to quit.    How do we pick ourselves up from failure, overcome negative emotions, and make it to the other side? Our guest today went from the brink of bankruptcy to making $500k in just 7 months.    What steps did he put...

Many investors believe flipping is a vehicle that was great in the past but can't be done under the current market conditions. The real estate market is piping hot, prices are too high, and it feels near-impossible to make sense of the numbers.     My guest today is having a totally different experience - in 2020 he flipped 20 homes, and he's on track to do 30 flips this year. How can a market tha...

If you're really paying attention, today's market isn't as rosy as it looks on the surface, it's scary as hell. It's a perfect storm of bad decisions, misleading numbers, and huge risks lurking under the surface.    While these factors make the market scary - it's also fertile ground for creative financing and alternative lending opportunities. In the negative factors of the market there are gaps...

Real estate investing isn't just a path to wealth, it's an opportunity to do good with our capital and solve urgent problems that have been ignored for too long.    As our nation plunges further into an affordable housing crisis, some entrepreneurs are stepping up, making a dent in this issue and creating a different future. Can you become a part of this movement?    Investors have the chance to b...

One of the most harmful fallacies of entrepreneurship is that we have to remain entrenched in the business if we want to be profitable. Unfortunately, trying to hold onto everything can actually have the complete opposite effect - it can kill all prospects of growth, scalability and freedom.    In today's episode, I talk to an entrepreneur who went from the burnout of doing everything in the busin...