Real Money Talks

Loral Langemeier
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Jun 4, 2021 • 34min

The Bob Proctor Series Part One

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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May 28, 2021 • 36min

Lorals Interview on Bosma on Business

On this episode, Mike Bosma is interviewing Loral on his podcast, Bosma on Business.   Loral shares her elevator pitch, all about how she got started in business and became a millionaire.  She also talks about how making the leap into entrepreneurship can be scary, changing the mindset from being an employee, and how important it is to focus on cash flow.    Show Notes: [01:44] Loral shares her elevator pitch.  [03:32] Loral shares how she got into her business and became a millionaire.   [06:08] Mike shares how similar he and Loral’s paths are and how they almost crossed.  [08:36] Loral’s whole attitude about life is that you say yes and figure it out.  [10:39] Taking the leap into entrepreneurship can be scary.  So she buttoned down her expenses and she ramped up her cash flow.   [11:02] You have to decide to get up every day and intentionally drive cash flow for your family.  You have to focus on cash flow.  [12:15] There is a technique for hiring the right people to help you through all this.   [13:44] Mike shares about his jump into entrepreneurship.   [15:53] Loral’s goal is to help people make money as fast as they can through the Marketplace.  [16:37] Making money and having money be a conversation in a healthy way in a family is a huge piece.  [17:50] Whatever you know how to do, figure how you convert it to today’s environment and make money immediately. [19:29] You can sell anything if you are providing value.  [19:53] Loral shares about the Big Table, her ongoing mentoring, and mastermind.  [20:41] Everything you do touches money.  [23:23] Stand back and take in the uncomfortable feeling that comes when selling and then merge into it.  [24:20] A lot of times people don’t have an agenda.  You have to be really clear about your agenda.  [25:44] What do you want because right now you have an opportunity.  Start with what you want. [26:42] Never has the world needed more partnerships and money collaborations than now.  [29:07] Next you need to understand money at an investing level and not just the real estate and stock market.  [30:23] Active money-making and active investing are what create millionaires.  You have to make it and learn to lead your investments.  [32:15] Make money every day. [33:42] Grab Loral’s free ticket and resources here.    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
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May 21, 2021 • 31min

How to Have a Healthy Money Mindset

In this special episode of the podcast, Loral is interviewed by Michelle from the New Mid podcast. Loral explains that the "normal" system we grow up in does not set us up for financial freedom. In the episode, Loral shares strategies for both adults and children on how to make their money work for them. She also shares how to grow wealth in mid-life.  Loral was single and expecting her first child when she realized she needed to rely on herself. The system that we are raised in does not set us up for financial freedom. At that moment she chose to make a great life. After receiving the most Influential Woman in Radio award in 2017, she had a meeting with her boss only to be unexpectedly let go from the company she had helped build. What could have been a roadblock for success turned out to be the best thing that could've happened to her. Show Notes: [01:32] Loral shares about her journey and what drives her.  She committed her life to study how people really become millionaires.   [03:36] You get what you create and think about. Don’t speak to fear at all.  If you want to be wealthy, you will be in good debt.   [05:46] Lean in and learn it instead of fearing it. Learn about it and you won’t fear it.  [07:08] Women outlive men statistically.  The new statistic is that women outlive men by 8 to 10 years now.   [08:51] It is everyone’s responsibility to know the money.  Even if you’re not the primary one making it. You need to know where it is and how to access it.  [09:21] So what, now what. So what, it has happened.  Now, what do you want to do about it? At this moment choose and make it the greatest life that you want to make it.  [11:42] Loral has a whole structure on how to get your kids through college not as a cost, but instead as a deduction.  She starts with her kids when they are born.  [12:34] Start talking about money with your kids now.  You should have Monopoly, The Cash Flow Game, and The Millionaire Maker Game. Play them in this order.  [14:02] Kids cannot begin building their own credit until they are eighteen.   [15:30] Never pay your kids an allowance.  An allowance is like a paycheck so you are conditioning them to be an employee.  [16:08] Start with a checking and savings account when they are born.  At 10, they get a car savings account.  They have six years to earn their car.  [18:44] A job isn’t where the money comes from.  It just happens to be your choice for right now.   [19:28] Being an entity is an intention to live your life.    [20:03] If you are an individual you don’t get the benefit of a lot of deductions. When you get an entity it is different because you legally own a company.   [21:58] School designed you to become an employee.  [23:54] Your first $100,000 for everybody is the toughest money you will ever make because we are conditioned to be employees.   [24:21] Mentors are so important.  Entrepreneurs have to lead entrepreneurs. We have to help each other get through that first part.  [25:41] Grab Loral’s Virtual Swag Bag here.  [26:54] Do not use a credit card to invest. Once you make your money, put it to work and invest it.   [27:42] Women are starting businesses faster because their need for money is typically so much higher.  Women tend to move toward that six-figure mark but not to the seven.  Only 3% of percent of women on the planet go into the millions in a business.  [28:11] You want to change lives, make a million bucks. A lot of women don’t get to where high, high money is made.  [29:05] Your first six are the roughest six, you might as well go to seven. You already have the hard work done.   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 The New Mid Podcast: https://www.thenewmid.com/podcast/lorallangemeier Think and Grow Rich for Women: https://shopintegratedwealthsystems.com/products/think-grow-rich-for-women Loral’s Virtual Swag Bag: https://justmetloral.com/podcasts/  
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May 14, 2021 • 31min

Financial Literacy with Sharon Lechter

Get Sharon and Loral Book Bundle Here: http://askloral.com/sharon Sharon Lechter is joining us on the podcast today.  Sharon Lechter is an entrepreneur, author, philanthropist, international speaker, and Chartered Global Management Accountant. Regarded as a global expert on financial literacy, Sharon has served as a national spokeswoman and Presidential Adviser on the topic for two US Presidents. She will be sharing her new book, Exit Pass.  In this episode, Sharon shares everything you need to know about financial literacy.  She shares about what intellectual property is and how you can define, highlight, and protect your intangible assets to get the most out of your company. She also talks about business systems, mistakes to avoid, and things to think about as a new entrepreneur.    Show Notes: [02:12] Sharon got her degree in accounting.  Around the age of 25, she decided to jump into entrepreneurship.   [03:46] In December of 1992 she dedicated the rest of her career to financial literacy. They teach the power of buying, building, and creating income-producing assets.   [05:58] Sharon also served President Bush on the first president’s Advisory Council on Financial Literacy.  She served President Bush and President Obama.   [05:50] She has also written twenty-six books. Her new book is called Exit Rich.  [07:40] Business systems are what allows your business to scale. It is what allows you to manage your business.   [09:08] When you start your business, you should be thinking about your exit from the start so you build a business, not a job.    [10:14] If you build the right systems and have the right people in your company, you get your time back because you have people running your systems.  You are getting your time back.     [11:48] It is so important to understand what you need to have in place to secure the rights and ownership of your intellectual property.   [13:26] Most people haven’t identified what intellectual property they actually have.   [14:39] The better that you can define, outline, and highlight and protect your intangible assets, the higher price you are going to get.  [15:38] Understanding from the very beginning positioning yourself to be able to identify who you are and how you stand up.  [16:44] Don’t manage people. Manage systems.  [18:28] As a business owner wanting to sell, you protect your people.  [20:03] Brokers have the experience to make sure you have all the documentation in place and they also have buyers ready to purchase.  [22:12] When you have somebody as an independent contractor it is so important to have a written agreement.  [24:12] “The person with the biggest database wins.” -Bob Proctor  [25:50] Give your followers a gift to get them to come home to your database so you own those names.  You can continue to maintain that relationship and have a lifetime value of customers.   [26:18] Social media isn’t necessarily sustainable because we are not in control of that destiny.  The social media platforms are your lead generation.  [27:23] Grab Sharon’s new book Exit Rich here.  [28:11] One idea can add incredible evaluation or add sales because it is helping you streamline your operations whether you are exiting or not.  [28:54] You want to structure your business so it can become an economic engine that supports you and your family for generations.    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  Exit Rich: http://www.askloral.com/sharon 
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May 7, 2021 • 31min

Life Insurance with Jason Henderson

In this episode, we are going to talk about insurance.  There is life insurance and death insurance.  Today we are focusing on life insurance. Today I am joined by Jason Henderson.  Jason is an insurance expert who is going to talk about why you need life insurance.   In this episode, Jason shares everything you need to know about cash-value insurance.  He shares ways to get started as well as questions you need to be asking yourself to take advantage of extra cash flow now.  He also talks about the numerous benefits including more cash flow and tax benefits.     Show Notes: [01:09] You need a trust to avoid probate.  You need a doable power of attorney with everything going on with COVID. Life insurance is going to recession-proof and economy-proof your portfolio.  A lot of people are too heavy in one asset class.   [01:35] Jason has been doing insurance work for about sixteen years previous to those years he was a scientist.  [03:05] Jason shares why he pivoted from science to insurance.  [03:58] Insurance isn’t a necessary evil.  It is an asset.  [04:44] There is a different type of life insurance where you actually become the first beneficiary of the policy.  It is a type of insurance meant to help in tough times so you are able to do what you set out to do in life.   [05:30] With this type of insurance you are actually buying a portion of the insurance company that can be sold.  It is an asset that is guaranteed to increase in value every single year.   [07:24] Cash-value life insurance is not changed very much based on the current presidential administration.   [08:11] The death benefit comes income tax-free to your beneficiaries.  [09:28] Cash-value life insurance already has disability and long-term care built into it.   [11:01] A policy can be designed toward cash value accumulation or towards death benefits.   [11:55] If you design it right a major portion of your first year’s premium is going to be available in cash for you to use.  Each year you are going to have access to even more.  [13:57] Most people when they talk about life insurance they talk in terms of death benefits.   [14:27] It is all about the cash and using that cash to build wealth in other ways.  [16:18] We always want to avoid being audited.  We don’t want to do anything to get sideways with the IRS.  [17:35] Click here to schedule your appointment with Jason.    [18:24] There is no right, wrong, absolute answer in the financial and insurance industry. There is the individual answer.  [19:42] You NEED some insurance. If you owe someone or love someone you need insurance.  [20:10] The other part is how much do you want to deposit each year and have access to more money? [21:58] Jason shares some of the questions people need to be thinking about prior to scheduling a call.  [24:17] There are two types of insurance companies.  There are stock companies and mutual companies.  [25:09] It is sometimes called participating insurance because you participate in the company profit.   [27:13] Grab an appointment with Jason and figure this out.   [29:06] People need to be extremely strategic with their money and where they are going to put it given the new administration.  [29:20] The world is your oyster.  This makes everything possible.    Links and Resources: Ask Loral App: https://apple.co/3w3sXi7 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 Schedule an Appointment with Jason: http://www.askloral.com/insurance
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Apr 30, 2021 • 25min

Mortgages with Ken Starks

Today I am joined by Ken Starks.  Ken specializes in mortgages.  This episode is packed full of great information if you need a mortgage or will need a mortgage in the recent future.   In this episode, Ken shares everything you need to know to make sure your finances are in order to qualify for the mortgage you want and achieve your end goal.  He shares common pitfalls he sees and ways to prepare to qualify for a mortgage. He also shares how his team can help you meet your goals and his outlook on what the future holds.    Show Notes: [01:22] Rates are extraordinary right now. They are beyond all-time lows.  [02:49] If you are going to be financing any real estate you want to do that before you finish up your W-2 job.  [03:31] Properly filing your taxes so you can qualify for what you want is key.  [04:34] Right now equity is high and rates are very low.  [05:13] On a first mortgage the highest any mortgage product will go is 80% of your value on a cash-out loan.   [05:45] It is about money rules in terms of deciding what is right for you. Following those money rules is key.  [06:08] Ken is able to openly shop vendors for the best possible rates and fees for your scenarios.  [07:00] During COVID, guideline overlays became extremely common.  Minimum credit scores FHA and conventional loans have never changed.  Individual lenders have applied overlays on top of their minimums.  [08:44] Ken shares about his background. After 9-11, he got into the mortgage business. [10:31] Many things come up when you are trying to develop a mortgage strategy for whatever your end goal is.  [10:58] If you took forbearance, you need to be out of it when you are ready to take a loan. You want your forbearance to be invisible because that is considered delinquency.  [11:27] Fannie Mae allows for one full year of self-employment before they will do a loan. Depreciation is your friend as an entrepreneur.  [12:24] New credit and high balances can easily sway a credit report 40-50 points.  [14:29] You cannot have a loan in forbearance and close on a new mortgage.  It depends on what type of mortgage you are trying to do that depends on how long you have to wait until you can close it.  [16:01] This is no inventory.  Rates are amazingly low which is stoking demand.  [17:26] Demand is outpacing supply, even for new builders.  [18:29] The first step with Ken’s team is to talk through your goals and see what you are trying to accomplish, see where you are with credit, and figure out where you might be with income qualifying.  [20:14] It is hard to know what the future looks like.  There are many factors that can affect the future.  [22:14] Commercial investments are a little bit different now.  When people have very complex finances as an individual, once we understand those things it is very easy to layer into the commercial needs that they might have.  [23:03] Schedule your call to meet with Ken’s team.  [23:13] There are so many markets you can invest in. [24:04] Say yes and figure it out.  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 Schedule an Appointment with Ken
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Apr 23, 2021 • 34min

Law, Investment, and Breaking the Cycle with Mike Alden

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
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Apr 6, 2021 • 30min

Entrepreneurial Leadership

This episode is the last part of our five-part series on luck versus intention. To wrap up luck versus intention we will be presenting some material about entrepreneurial leadership with Martha Hanlon. This is great capstone content to our luck versus intention series and showcases the level of education and content available to big table members.   In this episode, Martha shares all about entrepreneurial leadership.  Martha shares a strategy for looking at the hours you work in your business and where you are spending your time.  Then she shares three key questions for building the entrepreneurial leadership you need to move your business forward.  Show Notes: [01:17] To wrap up luck versus intention we are going to be presenting about entrepreneurial leadership.    [03:06] Loral and Martha share about past big tables and alumni meetings.  [05:24] The piece that you must bring to your business is leadership.  [07:12] We have a tendency to not spend very much time in our business leading.   [08:32] How many hours on average, do you work in your business? Then divide those hours into each section of the pie.  [09:27] Often we don’t have a lot of time in strategy and planning.  If you don’t have time in strategy and planning you don’t know where you are going, the path to take you there, or how to lead your team.   [10:43] If you don’t bring someone else to do some of the fulfillment your business is only going to grow so far.  The only way to grow is to add more hours to your day or increase your prices.   [11:22] When you lead people well they will be able to do the work, maybe even better than you.  [12:14] In order to elevate your value to your business, you are going to have to drop some sandbags.  You can not elevate if you are being weighed down.   [13:09] You have one responsibility as a leader.  You are responsible for those around you to rise up.  [14:14] That rising up starts with yourself, and then moves to your team and then moves to your customers and then to your legacy.  [15:06] If you are a creator your focus is the passion you have and your role is going to create it.  [15:58] Technician’s value is the time and effort they put into the business. Their role is to control the business.   [17:23] As a leader, your focus is thinking, vision, and building trust.  You can not outsource things to anyone.  Your number one responsibility is to inspire.  [18:33] Leadership has stages.  [20:20] Vision, building trust, and putting a plan together is your responsibility.   [21:17] The stuff that is below your value needs to come off your plate.  [22:38] First, trust in yourself and then work for your team to trust you and you to trust your team.   [24:30] Whoever you bring into your wealth plan needs direction. [25:06] What if your only job is to be responsible for rising up for this year? What are the only things that would be on your plate? What is required for your team to rise up? [25:33] Your results will manifest when you lead yourself, your team, your clients, and your legacy.  This is your role.   [25:47] Make sure you are always measuring those results, so you know you are on your way to your goal.  Then you know where to go to make improvements.   [27:14] Action to take: Do you pie chart and answer the questions we discussed.   [28:39] You can be working on your 2021 goals with intention.   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 Luck or Intention Contest Martha’s Website
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Mar 26, 2021 • 46min

Future Pacing

Welcome to the weekly market awareness broadcast.  We are continuing our luck versus intention series.  We are talking about getting you the financial results you are looking for.  In part four of the luck versus intention series, we are talking about future pacing.   In this episode, Loral shares all about future pacing.  Future pacing is planning to a detailed level that most people don’t sit down to do. Loral shares what exactly future pacing is, what you need to be doing, and how it will affect your business and life.  She talks about how to start with your goal in mind and reverse engineer to be successful and meet your goals.   Show Notes: [01:40] We are talking about luck and intention and how do you have both.   [02:13] If you don’t have a business plan you’re not going to get anywhere. [03:43] Thomas shares about the Luck or Intention social sharing contest. [06:02] We are in part four of a five-part podcast all about luck and intention.  [07:43] When you have intention, you are clear on your financial IQ, and you are clear on what you are going to create, future pacing is required.  [07:55] You are going to future pace your year.  [09:07] Future pacing does require a calendar.  [10:09] Go out 365 days and reverse engineer your success.  [12:43] Get to that core funnel and just keep repeating it.    [15:15] All of you need a calendar association to your production. What do you need to start doing based on your last month’s production? [17:21] In future pacing, your calendar is number one. Put in all the revenue-producing activities first.   [18:41] As the leader of your organization, future pacing is everything. [21:37] Get the leads in your funnel, pipeline them through your funnel, and get them to buy things through your funnel.   [23:21] You are leading the pace of all that is coming in the future.  It is a significant activity that most leaders don’t do very well.  [24:48] Does everyone on your team know what you are doing? [25:42] It starts with a calendar and every broken-down task that has to be on the calendar. [27:11] You’re going to time block your day.  What are all the things you need to do and how do all the things get the coverage? What is everything and how does it fit? [28:14] Future pacing is planning to a detailed level that most people don’t sit down to do. Overlay future pacing with Building, Leading, and Protecting. [30:05] Planning a month at a time is not enough.  Get out further.  Have your coaching planned and in your calendar.  [31:41] You need goals for the month, week, and day.  Notice the one thing that moves you forward every day.  What is the skill and habit you need to work on? You need to have knowledge of what you are grateful for.  [32:34] When you do your business plan you will start seeing strategies and tactics so your strategy is the big thing and then your tactics are everything it takes to get it done and the team it takes to get it done.   [34:01] Future pacing is a reverse engineering activity.  You set the goal and date and back into it with everything that needs to happen.   [35:40] All eight areas of your life should be getting into the calendar.   [37:29] This isn’t about filling up a busy schedule.  It’s fitting in the things you want.  [38:16] Projects are one thing and process is another.  When you’re future pacing you are designing a process.   [39:47] It is okay to park things, say no to things, and restructure things.   [40:46] Get involved in the Luck or Intention social sharing contest. [41:48] Leadership is never done.  It is a constant work in progress.   [43:34] Check out the Millionaire Maker Meet-Up and Marketplace.   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 Luck or Intention Contest Building, Leading, and Protecting Your Business Millionaire Maker Think and Grow Rich Power Vs. Force
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Mar 19, 2021 • 46min

Self-Management

Welcome to the weekly market awareness broadcast.  We are continuing our theme of luck versus intention.  Being successful is an intention on your behalf about not just the luck of the draw. In part three of the luck versus intention series, we are talking about self-management.   In this episode, Loral shares all about self-management.  She shares how self-management can affect your life and business.  She also shares techniques to self-manage your life and be successful.   Show Notes: [01:04] Being successful is an intention on your behalf about not just the luck of the draw. What is your intent toward money in 2021? [04:01] Thomas shares about the Luck or Intention contest.  [05:23] If your intent is to be an entrepreneur and have additional streams of income and have the ability to reduce your taxes, you have to get incorporated.   [06:21] You need to be pre-selling on a daily basis so money is coming into your account regularly.   [08:41] Most people live their life with luck. People choose unhappiness over uncertainty.  [09:33] Self-management is your ability to compartmentalize.  Put your life into compartments.   [10:39] Decided is done.  You have an intention and it is what you are going to do.  [11:34] Whatever is going on emotionally or distracting you, you have to put things into boxes to put on the shelf and come back to.   [13:43] You can’t bottle things up and never deal with them.   [14:21] The first technique is to compartmentalize, put it up on a shelf, then go back to it and clear it out.     [16:02] Get in the moment and be super clear of what your intentions are.   Self-management is giving it your all at the moment.   [17:42] Self-management is about having enough team, systems, and structure that you stay on track.   [19:11] Think about how many interactions of indecision you allow and tolerate because you’re not self-managing your space, your state, and your environment.  [20:51] It is a priority if there is a direct correlation to a result in your checkbook, an investment, a deal, or your life moving forward.   [21:36] What is the highest best use of your time? [22:00] Self-management is a habit of success.  [23:14] Sequences your day will sequence your result.  Be your personal best! [25:01] When you live intentionally things will fall into place.   [26:03] Become that person that people can know, like, and trust in a category. Attract supportive people.  [29:56] Ultimate self-management is knowing how to set things for your day that you’re going to nail. [31:52] You are the only person that can determine what is significant and intentional to you. In all areas of your life, you want to have self-management.   [33:56] Who is your tight circle?  It should be your mastermind group or coach.  [35:40] The big table is a smorgasbord to help you in all areas of your life and business. [38:13] Get involved in the Luck or Intention social sharing contest. This is a contest based on intention.   [40:23] The best way to buy cryptocurrency is through your Roth.  [43:14] Bring a calendar next week!  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 Expression of Your Power Yes Energy Luck or Intention Contest Millionaire Maker Wealth Journal

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