Law, Investment, and Breaking the Cycle with Mike Alden

Apr 23, 2021

Ask episode

Chapters

Transcript

Episode notes

Welcome to the weekly market awareness broadcast with Loral and the Integrated Wealth Systems team. Mike Alden is joining Loral to discuss his path from the projects to law to making investments that have earned him immense wealth.

He’s sharing why his failures in business are what led to some of his biggest windfalls and how he’s used them to grow his portfolio. He’s also adamantly against succumbing to “if only” syndrome and what he views as true failure. Keep an ear out to learn about Mike and Loral’s next business ventures together and how it's your connections that lead to big money deals.

Show Notes:

[01:51] Welcome Mike Alden to the show and hear about his journey.
[03:48] His path toward law and his “big business” moment.
[07:00] He started his first business in the wreck of the 2008 economy, but he had connections.
[08:28] What he spent his first big bucks money on.
[10:11] His biggest expenditures have been making big investments in himself and taking huge monetary risks.
[12:17] Loral shares how she and Mike are going to be partnering in a new company.
[14:00] You need to steer clear of “if only” syndrome. Learn why!
[16:25] Mike shares his favorite investment wins and why they worked.
[16:59] Plus one of his biggest mistakes in investing back into his business.
[19:57] Learn more about his fail-safe in his business and the new book idea Loral is mulling over.
[20:53] One of the things Mike hates the most about his home investment.
[22:15] Mike shares some of the catastrophic events that have happened in his business.
[25:09] Mike shares his biggest brands that we can follow and pinpoint to him.
[27:29] Why your product is secondary to your messaging.
[28:37] Hear Mike’s tips and strategies for growing no matter where you’re at in the world or in business.
[30:46] Transcendental meditation has truly changed his life.
[31:17] Connect with Mike.

Links and Resources:

Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up The Power of Habit by Charles Duhigg Mike’s Website Mike on Instagram