My Worst Investment Ever Podcast

BIO: Direk Khanijou is a student of business and currently works with his family in the textile business in Bangkok, Thailand. He started his investment portfolio at 20 while studying at the University College London. STORY: Direk invested in a pharmaceutical company simply because it had some of the most respected hedge funds on the shareholder roster. He lost 94% on his investment less than two...

BIO: Adam Carroll has decades of experience working with families and business owners interested in creating massive efficiencies in their income and wealth-building capacity. STORY: Adam bought a home in an auction without seeing it first and had to sink in more money to restore it than he made from selling it. LEARNING: Never buy a home without doing your research first. Never make an investment...

BIO: Ralph Burns is the Founder and CEO of Tier 11, a digital marketing agency that utilizes a proprietary system called Customer Acquisition Amplification™ to unlock the online potential of purpose-driven businesses to help them scale and grow. STORY: Ralph spent $30,000 to build a membership site and got over 10,000 email subscribers, but only two people paid when he launched the site. LEARNING:...

BIO: Tony Pawlak is a full-time stock trader and options instructor at Real Life Trading. It’s his life mission to help others face their fears and live their dreams. STORY: Tony lost almost $100,000 in trading. More than half of this was bank loans and credit card limits. LEARNING: If you view the markets as a get-rich-quick method, it will burn you. Assess risk before you go in and manage it whe...

BIO: Mark Graban is an author, speaker, consultant, and podcaster. His podcasts include Lean Blog Interviews, Habitual Excellence, and My Favorite Mistake. He’s also affiliated with the technology company KaiNexus and the healthcare advisory firm Value Capture. STORY: Two of Mark’s worst investments were investing $4,000 in a company he knew nothing about and living in denial about his ADHD diagno...

BIO: Emma Mumford is the UK’s leading Law of Attraction expert. She is an award-winning life coach, mentor, Law of Attraction YouTuber, and 2x bestselling author. STORY: Emma took a £7,000 loan on behalf of her boyfriend to help him pay off a previous loan. They broke up a month later, and he never paid back a cent of the loan. LEARNING: Don’t focus more on the negative part of a bad situation; in...

BIO: Gavin Wren is a founder, consultant, and content creator from London, helping the world learn more about food. His background in media has seen him photographing food around the world for the likes of National Geographic and writing in the national press. STORY: Gavin’s worst investments have been the relationships he’s put in a lot of effort and time to build, only to realize they weren’t be...

15 Risk Reduction Lessons from My Guests In this episode, Andrew Stotz explains the 15 risk reduction lessons he has learned from his guests. Download the The Investor's Risk Reduction Checklist. 1 Get the power of compounding working for you now, and don’t interrupt it. Dan Solomon from Ep434:  The Time to Start Investing Is Now 2 Do your own research before making any investment. Do not rel...

12 Steps to Financial Independence Download the 12 Steps to Financial Independence cheat sheet. In this episode, Andrew Stotz explains the 12 steps to financial independence. 1. Have no written financial plan 2. Allow others to complicate your investing 3. Think short term; start too late 4. Want to get rich quick in the market 5. Rely on others too much 6. Make big mistakes early in life 7. Do no...

BIO: Dr. Chris Stout is a licensed clinical psychologist and international humanitarian with a diverse background in various domains. He is the Founding Director of the top-ranked nonprofit Center for Global Initiatives. STORY: Two years after Chris started the Center for Global Initiatives, he met a couple who had a project for developmentally different children in orphanages in Ukraine. They wan...

BIO: Ron Baker is the founder of VeraSage Institute—the leading think tank dedicated to educating professionals internationally. He’s also a radio talk-show host of The Soul of Enterprise: Business in the Knowledge Economy on Voice America. STORY: Ron partnered with a group of friends and invested $70,000 to start a software company. All the partners had no experience or skills to run the business...

12 Barriers to Financial Independence Download the 12 Barriers to Financial Independence cheat sheet. In this episode, Andrew Stotz explains the 12 barriers to financial independence. 1. Have no written financial plan 2. Allow others to complicate your investing 3. Think short term; start too late 4. Want to get rich quick in the market 5. Rely on others too much 6. Make big mistakes ear...

10 Harsh Realities Shaping Our Future Download the 10 Harsh Realities cheat sheet. In this episode, Andrew Stotz identifies and explains 10 harsh realities shaping our future. Politicians created the mess we are in The Fed is going to crash the market Europe (esp. Germany) is destroying itself It’s a US-Russia, not a Russia-Ukraine showdown Gov’ts pushed 100m people into poverty and starvation Ame...

BIO: Richard Moran is a Silicon Valley investment and operations veteran. He is General Partner at Tonic BioVentures, an early-stage life sciences venture firm. STORY: Richard was impressed by the success record of a young man, so much so that he got his company to invest $6 million to build a business. A few months later, the young man misbehaved in front of customers. Richard reprimanded him, bu...

BIO: Amelia Sordell is a speaker, content creator, and Founder of Klowt, the first-of-its-kind personal brand marketing agency. STORY: Amelia lived all her life seeking external validation, and instead of making her happy, it left her very empty. She eventually decided to invest in herself and now is thriving. LEARNING: Selfishly invest in yourself before everyone. Always ask yourself if what you’...

BIO: Ana Melikian, Ph. D., is an optimist who had to overcome two bouts with cancer to learn that pursuing happiness is a fallacy. STORY: When Ana started her online coach business, she was looking for the quickest way to find clients. This hunger made her fall for two marketing strategies that never worked. The first was a search engine that promised to be better than Google, and the other was pu...

BIO: Justin Cunningham helps thought-leader business owners make simple changes to radically grow profits through standing out, creating transformative content and offers, and optimizing effectiveness. STORY: Justin overworked himself while planning an event in Los Angeles so much that he was out of his depth during the event. LEARNING: Face your fears and show up. Stay true to your passion. Your...

BIO: Mohammed Aneez is a multidisciplinary designer and has been Co-founder and Design Director at Emnicent Designs. STORY: Mohammed co-founded a design studio with three friends from college. Even though the company was profitable, the co-founders didn’t have enough entrepreneurial experience to scale the business according to their goals. LEARNING: Focus on good leadership. Learn from other lead...

BIO: Tech founder, LinkedIn influencer, Metaverse architect, community builder, advisor and consultant to web3 and blockchain projects, philanthropist, and lover of dogs - it’s LinkedIn’s (beloved) “Crytpo Guy” Cory Warfield! STORY: Cory spent so much time and emotions trying to raise capital for his company instead of focusing on generating revenue from a product that was already selling. LEARNIN...

BIO: William Green is the author of “Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life.” The book is based on hundreds of hours of interviews that he’s conducted with many legendary investors over the past quarter of a century. STORY: We look at some of the many lessons William learned from spending hundreds of hours interviewing some of our greatest investors. LEA...

BIO: AJ Aluthwala is a specialist in discovering, planning, and executing customized online marketing strategies for businesses to attract massive amounts of online traffic and convert that traffic into sales. STORY: AJ and his business partner agreed to get into an unprofitable business only to help a friend. They lost a ton of money, and the friendship failed too. LEARNING: Don’t partner with an...

BIO: David Aaker, sometimes called the Father of Modern Branding, is the author of 18 books on branding and related topics. He is the vice-chair of Prophet, a global branding, growth, and transformation consultancy. STORY: David was an advisor to a software company acquired by Microsoft in the 80s. He had stock in the company but decided to sell it to save on taxes. The stock would now be worth mi...

BIO: Mahesh Murthy has helped launch Amazon, over 60 startups, a few hundred brands, and a few satellites. He’s a marketer, entrepreneur, and investor. STORY: Mahesh invested close to $400,000 into a startup only to discover that one of the founders was siphoning money via his sister and mother. LEARNING: Verify startup founders before investing in them. Hire someone to monitor your investments if...

BIO: Joseph Hogue graduated from Iowa State University after serving in the Marine Corps. He worked in corporate finance and real estate before starting a career in investment analysis. He has appeared on Bloomberg and CNBC and led a team of equity analysts for a venture capital research firm. STORY: Joseph bought stocks in an energy company at a time when industry prices were low with the hope th...

BIO: Priya Kumar is an internationally acclaimed motivational speaker, bestselling author, and now screenwriter. She has written 15 inspirational books that have won 42 international awards. STORY: Priya ignored the need to learn basic accounting and instead left her money matters in the hands of her accountant. The accountant took advantage of her ignorance and swindled all her money. LEARNING: L...