Real Money Talks

This last quarter gets super busy and we often forget what we need to be doing to wrap up the year.  We are going to use this show to talk about financial infrastructure. Today I am going to present a lesson on the basics that have to be done during the last quarter and mostly by mid-November.  We are going to make a checklist to walk you through the steps. Most of these end of the year tasks are nonnegotiable including tax preparations.   Your financial infrastructure is based on your entire life. In this episode, Loral breaks down the steps you need to start taking now.  She also talks about the highest financial priorities and changes you need to make that will have a huge impact on your financial infrastructure in the short and long term.   Show Notes: [01:21] There are a lot of exciting things coming up in the next month.   [02:58] You always need to be open and in a marketplace.   [05:35] Loral is going to present a lesson on what you need to get done this last quarter. [08:12] When the holidays land does affect your financial planning.   [08:45] Your financial infrastructure is based on your entire life.   [09:48] Right now you really have a chance to add extra revenue.  What is your income today and what do you want it to be in 2021? [10:21] You need a business on the side to make extra revenue and take deductions.   [11:12] Everyone should have their first entity by the end of the year.  In most states that is an LLC.                             [11:51] Many of us pay out of our personal account because our business isn’t making any money.  So you need to fund it and pay from your business account.  [12:34] Right now is the time to do a big check-up.  Where are your income and expenses? [14:39] Building assets is the highest priority.  You make it and invest it and then you make and spend to pay down debt. [16:22] Debt is critical.  You can’t be out here making new money and paying off debt.  You have to make it and invest it and start that pattern with your kids.   [18:02] Making money is your real answer.  [19:01] You need to have two banks that you are banking with, if not three.  She recommends a local small bank for fast cash.  [20:37] You should be meeting once or twice a year with a tax strategist.  [23:24] Look at your entity as a vehicle for moving income and expenses out of it.  Don’t close entities that are not in use. Save them for another time.    [25:44] Flip is a place for a bank, but it is one of your easy first investments.  [28:53] Start setting some financial goals now.    [30:06] Use our team for your infrastructure.   [32:44] Spend the time and money to do the credit repair if you need it.   [33:28] Your job is to focus on making money, investing the money, and leading your team. [35:56] Use this episode as a resource and listen to it over and over again.  The checklist will help you get organized and started.   [38:09] We are going to see more volatility this fall.  It will be a confusing time, but the market is going to move.      [39:29] Now is a good time to dump all the coins because the banks are taking them.  It is a great option to use the coins to start an account for your children.   [42:31] Next week we are really diving into entities including the details and the sequence.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast  

As a general rule, those who typically become successful entrepreneurs are the people who come up with unique solutions to problems or challenges. This rule has continued to be proven true, again and again, in the technology space, especially as the world becomes more accustomed to the “here and now” provided by the increasing ease and portability of devices. Along with the innovation model, technology has enabled the “fast cash” model to start popping up in completely new ways. As a result, a completely new wave of start-ups have appeared that allow all of us to make money on the side with our spare cash, our extra space, or our vehicles when we’re not In this episode, Loral is talking about the Fast Cash Model.  Adam and Thomas share their wisdom as well.  We talk about ways for kids and adults to make fast cash.  We also talk about great ways to start making fast cash now and finish 2020 strong.  Show Notes: [02:57] What in your ask-tell-ask is right there and really quick.  [03:59] Fast cash is if you needed money by tonight. We need to have an urgency to cash. [04:04] If you keep telling yourself you don’t have enough to save them you will never have enough to start saving for retirement.  [06:19] Right around your community you could get fast cash. It is just trading time.   [07:05] Another place to earn fast cash is online.   [07:52] Often we avoid the initial sale because we want more money for the work.  It is a database building.   [09:59] Daily we are giving our stuff for free when someone would gladly pay for it.   [11:15] Listen to what people are saying. That is their problem.  People will always pay money to fix their problems.   [11:28] Consolidated information into a new bundle and selling it is brilliant and saves people tons of time.  People don’t have the time to find the information so they will pay you for it.                                [14:01] Twenty dollars doesn’t sound like much, but when you get ten or twenty people purchasing your product or service it really adds up.  20 dollars is nothing for people, but if you get $400 that changes everything.  [16:11] There is a value to paying.  The exchange of money creates the value.   [19:09] You're not starting with your big ticket item. It is like the end cap item at the grocery store to get the conversation started.  [21:22] Think about what your skill is and what you do everyday.   [23:52] When you're making fast cash it doesn’t necessarily have to be within your wheelhouse even.  [25:37] Adam shares a story about a guy that wanted to bring goodness to other people.  [28:13] He shares about how the guy had one million dollars in his bank account one week after filing bankruptcy.  [29:41] If you don’t have something to sell then be an affiliate.   [31:51] Inside your own dialogue you need to create the urgency to make money.    [33:01] We need to get out of the make it, spend it pattern and get into the make it, invest it pattern.   [36:35] Most of us don’t know what to look for because we have never looked at a deal before.      [37:10] Take this time to look at deals from an educational standpoint.   [38:26] You can do a lot of things to get your cash away from your spending habits.   [40:36] Check out the upcoming tables.   [43:01] The Virtual Meetup and Marketplace and Graduate Marketplace are coming up soon.  [45:15] The goal is for you to learn all these things so you are not strapped to a desk and someone else giving you a paycheck.   [47:47] Ask the question why because that why becomes an opportunity.   [49:31] We are heading to the finish line and there is a lot to do.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast

We have a number of guests with us today. We have several of our top finishers from the Virtual Meetup and Marketplace in August, but we also have a very special guest, Joe Hamel. Joe Hamel is the president and founder of Hamel Advisory Services.  Many people have heard of self-directed IRAs but they don’t have them in place. It doesn’t matter if you have a lot of money to start.  Just put in $50 and get it going.  Once you start making money you need a place for the new money to go. There needs to be a place to put it away so you don’t spend it right after you make it.   In this episode, Joe shares the kind of qualified plans you can open. He talks about the differences between a traditional and Roth IRA. Then we finish the episode with Erin and Deborah sharing their success and top takeaways from the Virtual Meetup and Marketplace.  Show Notes: [01:54] It doesn’t matter if you have a lot of money to put in a self-directed IRA.  Start with $50 to get it going and so you have a place for the new money to go.   [03:19] A lot of people are waiting for some magical moment and that isn’t going to happen because you keep spending your Monday.   [04:04] If you keep telling yourself you don’t have enough to save them you will never have enough to start saving for retirement.  [04:17] An IRA is your own individual retirement account.   [05:00] Joe suggests having an IRA that is completely removed and not connected to your checking account.  It is important to start even if it is small amounts.  [07:54] When you set up a self-directed IRA you can inject capital through the form of contributions or the form of a rollover from a former or existing IRA.  [08:21] Depending on your age, the contribution limits do change. Right now $6,000 is the maximum contribution each year, but there are no minimums.   [08:55] The biggest difference between the Roth and traditional IRA is the taxation on those accounts.   [09:13] The traditional IRA is an account that has not been taxed on the front end. [10:50] You can always remove money, but there is an early distribution penalty prior to 59 ½ years.  [11:33] If you have not taken any distributions at the age of 70 ½ the IRS will require you to start taking at least the minimum distributions.  Once you are 70 ½ you can no longer make contributions to a traditional IRA either.  [13:42] On the Roth IRA you are going to pay taxes on the initial contributions during the first five years.   [14:54] The early distribution penalty applies to both traditional and Roth prior to age 59 ½.  [15:55] With the Roth IRA you are paying taxes upfront on the initial amount. With the traditional IRA, you pay taxes at the end.  [16:44] With the Roth IRA there is no 70 ½ requirement.   [17:44] The biggest difference between the Roth and the traditional IRA is the amount of taxes. [20:02] If you are no longer employed that money can be moved out of a qualified 401K account into a qualified self-directed vehicle of your choosing.  [22:01] The first step is just to take action and open the IRA account that is right for you.  [23:27] Roth IRA is a great vehicle because there are not taxes as long as you make your contributions and adhere to the IRS rules.   [24:44] You want to make sure you keep your retirement money in a retirement account and don’t use it for quick fixes.   [26:34] Solo K is a great self-employed plan. It is created for a small business owner. It functions just like a 401K would work for a major employer.   [28:15] The Solo K allows you to make contributions to both the traditional and the Roth. It also has the ability to take out a loan. [30:39] Instead of paying your children allowances you can make contributions into their Roth IRA. It is a great way to give your kids a jumpstart. [31:51] A flip account is a great way to save cash instead of a savings account. [34:38] Joe’s company holds everything in house as a custodian.  [36:11] They are one of the only custodians out there that are willing and able to accept some of the new and emerging asset classes.  [38:47] We have to complete the tasks on our checklist to actually see results. [40:27] We are going back to our Virtual Meetup and Marketplace for the rest of the episode. New options to join the Virtual Meetup and Marketplace or the Graduate Marketplace this month and in the coming months.  [43:01] Megan won the last Virtual Meetup and Marketplace. She made over $8600. We will be featuring Megan at another time.  [43:41] Erin was in second place and Deborah was right behind her in third place by only $20. [44:03] Erin sold $941 of her summit and her life coaching. Erin learned about marketing, the pitch, tax structures, investments, and how to grow her business.   [45:59] Prior to the Virtual Meetup and Marketplace, Erin was doing everything incorrectly and now her mindset has completely changed. [46:17] Deborah sold name drawings and logos and made over $800 and really built her momentum. [47:57] Erin learned to start selling now and not wait.  [48:30] Deborah learned that she had a lot of avenues already at her fingertips. [49:23] The obvious is right in front of you.  You just haven’t decided to monetize it. [50:58] Erin’s motto is “first the courage, then the confidence.” Have the courage to put yourself out there so you build up that confidence.  [51:49] Put yourself out there and stay the course.   [54:35] The two calls of action are to get a call with Joe and then get signed up for the Virtual Meetup and Marketplace or the Graduate 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 Joe’s Website Three Feet from Gold  

On today’s episode, I am joined by Eileen E. Galbraith also known as the Credit Gal.  We are going to talk about your credit, business funding, and ways to fix your finances right away. Eileen E. Galbraith is your Savvy Credit Business Woman, aka The Credit Gal. She works with individuals and small business owners, specifically with those who are seeking to grow their business. Entrepreneurs hire her to maximize their capital because most are turning over couch cushions to invest in their business, putting their families, credit, and growth at risk. So, she positions them to get the money they need, protect their assets, and leverage their genius.  In this episode, we start out talking about personal credit because it is the foundation.  We talk about optimizing your own personal credit to build your business credit.  Eileen talks about beginning steps to make your business official so you can become a fundable and creditable business.   Show Notes: [00:58] Eileen E. Galbraith is your Savvy Credit Business Woman, aka The Credit Gal. [01:27] The very first thing you want to do is get a copy of your personal credit report and continue to get your credit report every year. 78% of credit reports are wrong.    [02:01] Your credit follows you everywhere.   [03:39] You want to make sure your personal data is correct and optimize these areas.  [04:02] After you verify your personal information you then need to check all your accounts are reporting properly.  [04:58] Once we have maximized your credit report, we look at if there are any ways to optimize your credit score.  [05:59] Your FICO credit score goes from 300 to 850.  [06:22] You want to make sure your business is fundable and creditable.  You also need to be incorporated around your EIN.  [07:28] Then open your business checking account using your business documentation and EIN right away.  [07:52] The underwriting guidelines say your business opened the day you opened your business checking account.     [10:12] 35% of your FICO score is how you pay your bills.   [10:55] Your goal should be to use less than 20% of the credit you have available.  [11:57] There is only one determining factor for business credit and that is how you pay your bills.   [12:50] You want to have a D-U-N-S number for your business.   [15:04] The beauty of business credit is that you can get the business credit lines and credit cards without personally guaranteeing them.  If someone comes to sue your business they can’t come after you on a personal side.   [16:58] Eileen recommends three to six months of reserves in your personal and business world.   [18:12] The more address you have listed on your credit report the harder it is for the underwriting to get your qualified.  The goal is to have two addresses.  [19:04] Your bank account should be set up in the name of your corporation. [20:36] Many use a personal credit card in the beginning before they transfer that to a business credit card and that can be used to verify funds.  [22:27] You can dispute anything that is inaccurate, misleading, or erroneous on your credit report.  There is a process to follow to dispute something.  [24:13] It does take time to reverse errors on your credit report.  Prior to COVID dispute letters had to be responded to within 30 days. Since COVID they have a 45-day window to respond back.  [26:37] When you join a network marketing company you want to start an entity as soon as you can. You also want to set up the business checking account and all the commissions should go into this account.  Any expenses should go through that same account. [28:04] You can text or call Eileen to book a free 30-minute consult at (610) 609-1526 or eileen@thecreditgal.com [28:55] Entrepreneurs don’t realize how important it is to establish their business in the name of their business and how much it can benefit them. It is something you want to start now instead of later because it is going to give you so many more options to grow your business.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store The Credit Gal Website Eileen on LinkedIn Annual Credit Report  

Every week we interview world leaders in different categories and in this episode we are talking about one of my favorites… cannabis.  We are going to talk about what’s beyond the mainstream.  Mainstream knows a lot about cannabis not only from a use standpoint but also from a financial standpoint. Cannabis is going to become one of the greatest asset classes many countries have ever seen.   Joseph is joining me in this conversation.  He has been in the industry since he was a teenager.  He is currently leading a huge project in Hawthorne, Nevada.   In this episode, we talk about the different types of cannabis including the classifications.  We also taught about the medicinal value and numerous medicinal benefits without side effects.  Joseph shares a ton of information that will be beneficial if you are considering adding this as one of your asset classes.   Show Notes: [01:04] Cannabis is going to become one of the greatest asset classes many countries have ever seen.   [01:49] Since you can’t learn about cannabis in college Joseph attributes his success to his great mentors.   [03:16] Joseph got to where he is today by having great mentors, working with great people, and taking the leap to work for himself.   [04:21] In 2009, he moved to Colorado to grow cannabis with his wife.  He wanted to create his own wealth.   [05:01] Once he learned about the huge medicinal benefits and the relief people received, his perspective switched and his business became all about helping people.   [06:47] The mainstream is not really talking about the medicinal value of cannabis including the ability to use cannabis daily without the side effects.   [07:40] There are over 450 compounds in these plants and they are still constantly learning more.      [09:21] Everything is a hybrid. There are many different varieties.  [10:51] They can grow hemp for fiber or grain or CBD oil.    [11:45] There is an observation classification (narrow-leaf or broad-leaf) and a drug type classification.   [12:58] Everybody is trying to find their place in the industry.   [14:38] Tricrops have fiber, grain, and CBD.  [15:36] The seeds have many uses including food and feed for animals.  [15:52] In World War II we needed rope and people were subsidized to grow hemp for the government so we could go to war.  Then it just vanished.  They changed the law and made it illegal.   [17:41] Cannabis relieves cravings and helps with addiction and withdrawals.   [18:20] Cannabis can replace that desire and addiction and you are functional.   [19:22] Joseph shares how cannabis has helped in his life with addictions and injuries.   [21:38] There is a ton of misinformation about cannabis.   [23:09] He shares about the impact on seizures even in children. Research in Israel is backing this up.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Dr. Dedi Meiri - Cannabinoid research in Israel Robert Clarke  

This is another special COVID-19 marketplace awareness broadcast. We are the place to keep you up to date on what is going on in the market. Specifically for entrepreneurs who need to make money in this ever-changing time, come here with any questions you have and we will have or find the answers.  We will continue to bring you amazing experts that share their expertise and perspective on what is going on in the market today.  Today I am joined by Fuquan Bilal.  Fuquan is the founder and CEO of NNG. Fuquan Bilal founded NNG in 2012 with the principal mission of capitalizing on the growing supply of mortgage notes in the interbank marketplace. Mr. Bilal utilizes his 20 years of residential and commercial real estate success to identify real estate opportunities and capitalize on them. To date, he has successfully managed three private mortgage note funds that primarily invest in single-family performing and non-performing mortgage notes. His financial acumen and proprietary set of investment criteria enable him to purchase under-performing real estate assets at a deep discount of face and market values, thereby increasing the value of the assets. This, coupled with his ability to maximize the use of leverage, enables him to build strong, secured portfolios with solid passive income flows. Fuquan effectively hedges investors' risk by spreading their investment across a portfolio of alternative assets that diversify and stabilize the fund's return and valuation. In this episode, we talk about many different opportunities for making money in the current real estate market.  Fuquan shares about the trends and changes he is seeing in the real estate market. He also shares his out of the box ways to invest in real estate in the current market.   Show Notes: [01:13] Fuquan Bilal is the founder and CEO of NNG. [03:12] He took a leap of faith and left his corporate job and got into the house hunting business.  [04:20] He realized the power of real estate. One thing that really resonated with him early on was the power to go back into his community and revitalize communities by fixing up properties. [06:14] He went through a time of struggle because he didn’t have a good foundation. He had multiple streams of income but no cash flow.  When the market crashed, he started to restructure.   [07:43] The real estate investments he has are local where he has developed relationships already.  [09:12] Diversified hybrid real estate investing is having different asset classes in the same fund. He has his capital secured by different types of assets.   [10:32] Once COVID hit the landscape of everything changed.   [11:49] The real estate market is on fire right now. [13:29] He has noticed more New Yorkers moving to other areas and commuting in for work.   [14:38] Many new investors are pivoting to buy a lot and doing new construction since there are not many available properties.   [15:46] Manhattan will likely take a decline but will stand strong. [18:08] If you are participating in some of the programs they have for landlords now you definitely want to read up on the details.  You only want to use the money if you need it.  [19:47] Unfortunately many businesses didn’t make it to the other side.  [21:32] Grab Fuquan’s book, Passion for Real Estate Investment.  [23:02] The note business is the best investment strategy in the universe.   [23:37] Check out the coming Virtual Meetup and Marketplace. It is the teach you to fish model that you will never starve again once you learn our techniques.     Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Passion For Real Estate Podcast Passion for Real Estate Investments Fuquan on LinkedIn Fuquan on Twitter Fuquan on Instagram Fuquan on Youtube Fuquan on Facebook  

This is our special COVID-19 market awareness broadcast. We have been broadcasting since the beginning of this new journey and the new world we are living in.  We have been talking about becoming an entrepreneur and what to do with your real estate and money.   Unfortunately, it is not going to get any easier.  Going back is not going back to the way we know it.  So much has changed.  It is a great time to reset your life and figure out who you want to become.  Raymond Aaron is joining me on the show today.   Raymond Aaron has committed his life to teaching you how to dramatically improve your life. Raymond transforms your life and income by helping you tap into your own potential. He has traveled the world delivering over 5,000 speeches in 5 continents for over 1/3 of a century teaching his unique methods to brand, doubling your income, and creating wealth. He is the author of 138 books, including Branding Small Business For Dummies, Double Your Income Doing What You Love and the New York Times best-seller Chicken Soup for the Parents Soul and the Canadian best-seller, Chicken Soup for the Canadian Soul.  In this episode, we talk about many different opportunities for making money in the current market.  We share what we are seeing with real estate. We spend most of the episode talking about the importance of branding and how writing a book can enhance your brand. Show Notes: [01:42] It is a great time to reset your life and figure out who you want to become.  [03:12] Raymond shares about his journey.   [05:13] He has been teaching real estate, true-life principles, true wealth principles, branding, book writing, and goal writing for 37 years.   [06:56] They pivoted to online events, but they also had a back-up plan. They joined a network marketing plan as their back-up plan.   [07:24] If you are in network marketing right now, you are earning more money than you have ever earned in your life because now people have been buying only online for the last four months.   [09:25] Raymond predicts that retail real estate is going down and won’t recover because people have learned to buy online.  Office real estate is going down because owners are thriving without an office.  [11:09] He recommends getting into the courier business.    [12:43] The pandemic is the only thing that has ever affected the whole world.   [14:01] Every category is open to making money right now.  There is so much to buy right now. [16:01] There are no differences in the Canadian and American markets economically. Canada is different in many other ways.    [18:19] More entrepreneurs can be born out of this time and more wealth will be transferred for those who are paying attention.  [20:59] Whatever you want to start you must be branded first otherwise you are drowning in the sea of sameness.   [21:13] When you are branded by writing a book the world stops and salutes you. [22:29] Writing a book is the easiest way to brand yourself. You don’t make the money by selling the book.  You make the money when the book sells you.   [25:26] The brand determines how much money you earn not your abilities.  [27:26] It is easier to become a #1 best seller on Amazon then the New York Times.   [30:22] There have been so many creative ideas since the pandemic started.    [30:52] Raymond will be teaching about the 31 marketing messages that need to be hidden within your book.   [31:19] It’s the marketing that drives the sales, not the actual quality of the product.   [32:26] Raymond teaches how to get a book launch and have the publisher pay for it.   [34:54] Loral talks about how she misses flying to some of her favorite places in the world.  [36:42] There is a problem when people haven’t walked the walk, but they think they can talk the talk.  You need to walk the path before.  [37:35] Loral’s favorite insight was “that the world has been punched in the face.”  [37:56] You need to land on the right side of this rebalancing of the economy.  You need to be understanding of how to find these deals and what to look for.  [39:29] Right now is a perfect time to be a solution provider and help businesses with what they need.   [43:41] Check out the Virtual Meet Up and Marketplace and the Graduate Marketplace.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Raymond’s Website  

Today we are in the most indiscriminate crash in the history of our lives. If you have the will to make money and be ethically through it, you can make money. I am talking about financial empowerment and the steps you need to take so you can take advantage of this indiscriminate market. You need to grab a pen and paper for this episode. I share many practical ideas so you can leave with a plan.  Today I am sharing a webinar with Raymond Aaron. Raymond is a New York Times Top 10 best selling author. He has been on stage for 37 years helping people write books, increase their credibility and branding, and understand the spiritual universe.  In this episode, I am talking about financial empowerment and taking action. How do you act, make money, and think the way the wealthy do? I answer this question and talk about practical steps for becoming a millionaire in 3-5 years. I talk about bitcoin, cannabis, hemp, digital currency, and so much more.  Show Notes: [00:41] Raymond Aaron is a New York Times Top 10 best selling author.  [02:54] Loral has been a multi-millionaire for 20 years and standing.     [04:35] She is talking about ways to make money in three days.   [06:21] Loral was filmed for the movie The Secret and got into the final edit. She is a millionaire maker.   [08:29] Loral has 52 books and five hit the New York Times.   [10:11] Instead of focusing on what you can’t have in the struggles, you focus on what you can have.   [12:54] Loral grew up on a farm in Nebraska. At 17, she received the book Think and Grow Rich and it changed her trajectory.   [14:19] In 1996 she really started studying money. She got a finance degree. She realized that working a traditional job was not for her.  [15:45] You can totally become a millionaire. You just have to do the steps in the right sequence.  [18:09] Some of the things we have been taught and the way we think about money is completely wrong. [20:02] This is your opportunity to change from being an employee to being an entrepreneur. [22:03] Today we are in the most indiscriminate crash in the history of our lives. If you have the will to make money and be ethically through it, you can make money. [23:32] Who am I? Who am I going to be on the other side of this? I have the trajectory to change my entire life.   [25:52] Digital currency is here and you are going to have to engage in it.  [27:27] Big asset classes right now are digital currency, the stock market, businesses, real estate, hemp, and cannabis.  [29:27] First, you are going to keep making money. Get as lean as you can with your personal accounts and assets.   [31:56] Pivot to new cash and get as much as you can.  [34:18] We are taught to go to school and get a job. We put a portion to a retirement structure, where we get taxed to pieces and live off the crumbs.  [36:26] Be an entrepreneur and be the boss! [37:29] You are going to take on good debt to become a millionaire.    [39:21] You have to have decision making, sequencing, and some common sense. Not difficult, but it has to be in the right order.  [41:29] You find places in your community that you can’t imagine living without and you invest in them.   [43:29] Companies make money. Individuals get taxed. [45:20] Colleges are teaching us to be employees. With a CEO mindset, you can look for teammates. [47:41] As an employee, it is a fixed income. As an entrepreneur, you can have an unlimited income.   [49:06] There are so many direct sales businesses all over the world that you can do.  [50:45] Real estate deals are everywhere.   [52:31] Many people make decisions based on their bank balance versus the projected money you can make.     [54:52] All of you have the ability to make money, you just haven’t been taught. You haven’t been taught to ask for money. You man is not your plan for financial freedom.   [56:02] Your own business and database are one of the greatest assets you will ever own.  [59:09] Challenge where you put boundaries around yourself. [60:13] Loral wants us to get to the place where making money and keeping money is just what we do. [62:11] You are going to find your tribe in Loral’s tribe especially as they get to know you and find out what you need and don’t want.  [62:47] Everyone should write a book.  It is your brain on paper and makes you credible. You want your book to be the top of your funnel.    [64:17] She brings a ton of people to the Marketplace because they have to teach you how to make money. It starts with a new business model.   [67:16] Loral loves the residual income that comes from direct sales.   [68:02] Yes energy is when you say yes and you have no idea what to do because then you figure it out. Then it is time to get creative and find resources.   [69:24] We don’t focus on making six figures. We focus on making $500 a day.   [71:14] Business and money are in your life every day. Why are you doing it alone? [73:09] It is not self-driven, it is customer-driven. You don’t control but instead, provide leadership.  [74:36] Making money and investing money is where most people go wrong. Instead of making it and spending it, you should make it and invest it.   [76:32] When you say yes, you start getting creative about who is going to help you. You need to lead more and do less.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Raymond Aaron Think and Grow Rich  

Today I have Ezanne with me.  We met 10 years ago in South Africa.  Now she lives in Canada.  She has had an enormous journey of learning and sharing.  She is here to talk about the business side and how her background can help you.  Ezanne Swanepoel has been primarily working in Africa for the last twenty years.  She was born and grew up in Africa and also engaged in Europe and some Asia countries over the last twenty years.   Ezanne is one of the leading money and empowerment experts helping people strip the blockages and filters that prevent them from unlocking their path to prosperity, fulfillment, and contribution.  Ezanne shares her different experiences and perspectives from growing up in Africa and living in the United States and Canada.  She teaches people how to make and keep money while making an impact. Show Notes: [02:18] African children are traditionally named after places, spirits, ancestors, events, or anything occurring during the time of their birth.  They believe a name can influence both the life of a child and family, so choosing a name is done with great care and consideration.   [03:20] Ezanne means the good, righteous mother.     [04:35] She has known that her calling since birth is to help people and businesses to unlock their path to prosperity, fulfillment, and contribution by serving the greater good.   [06:08] There are significant differences in other cultures around money.  In Africa, it is all about collaboration.      [06:57]  Africa is a “we culture,” so when you earn money it is for sharing and uplifting of everyone.   [07:50] People in America have a significantly different relationship with money in general than Africans.   [09:12] Looking at the U.S. and Africa as a whole, they have more enterprise thinking than Canada.   [11:01] When people view things as scarce, they don’t see a possibility to even angle in that avenue.   [11:16] People err on caution when speaking about money. In general, very few people are willing to speak about their financial situation or understanding money.   [13:15] Creating financial wealth is complex.     [15:28] It is important to identify the right people to speak to and then collaborate with in order to sustain wealth creation.   [15:43] Once you learn how to make money and keep it, then you need the right team to support you in sustaining that approach. [16:17] We have to start by shifting the mindset from the why not to the why yes.  This seems easier said than done because people have a lot of programming from their past.  [17:02] The first step in eradicating fear is gaining more control of your situation.  You can’t feel in control if you don’t even understand your situation.   [17:40] You need to start creating more cash in order to get you to that place where you need to go.  Ezanne does research on the wealthiest people in the world.  [19:01] As you become more and more successful, life will definitely give you some curveballs.   [20:17] The first step in collaboration is to be clear on the parties that are involved and why they are involved.    [22:08] In America and Canada there are more decided relationships with a particular intent.  [23:32] Ezanne wants to serve from a North American perspective.   [24:12] She wants to help people on a large scale shift from their financial struggles during COVID.   [24:29] We owe it to ourselves to wake up and step into our authentic selves and to serve with the unique gifts that we came to earth with.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Ezanne on Facebook  

Today I have an amazing new client with us. Her thinking and brains are amazing, Anita just jumps on and starts sharing.  I am so excited to have Anita Vanderhaeghe with me on the podcast today.   Anita Vanderhaeghe is an Astro-wealth and health coach.  She is a modern sage and expert business mentor that integrates the best of the physical universe strategies with spiritual universe wisdom.  She is bridging the world of business, strategic planning, and intuitive management and incorporating those using eight ancient sciences and astrology.      Anita has done a lot of different work from being a Bloomingdale’s fashion designer to working on marketing teams behind the scenes.  She uses her business strategy and experience combined with her knowledge and passion of astrology.   Show Notes: [02:20] Her dad owned many businesses and gave Anita the entrepreneurial spirit.   [02:54] She came to what she is doing now by combining her marketing background and love for ancient sciences and astrology.     [05:50] Everything has a negative and a positive charge, so you can choose to use the energy positively.   [07:08] Throughout our childhood we are told that we don’t know our gifts, so we lose our knowing. You can get back to what you loved to do as a child.   [08:27]  Everyone has a personal inclination that is a gift they have chosen that they can share with the world.   [10:54] Saturn, Pluto, and Jupiter are all in Capricorn. Capricorn rules business, big banking, and a need to restructure things.   [11:36] We are not looking at things holistically.   [12:25] Astrologically we have this restriction happening at the same time as an awakening to what we are going to need to do to help people.   [12:49] There will be a transformation happening over the next couple of years with the way we look at health.   [14:10] Astrology is the art of perfect timing.  [15:34] A lot of people are going to start making unexpected decisions that they have been putting off for a long time.   [15:58] You can start by looking at your sun sign and then your ascendant sign together.   [16:56] Watch what is happening with the moon.  Your body is affected by the moon. [17:51] Watch for eclipses, because eclipses are turning point times.   [19:17] You can have the life you want if you use your gifts and if you really want to help people. [20:14] Research your sign. See what different astrologers say and see which ones ring true for you.  Anita recommends Susan Miller from Astrology Zone.  [21:52] It is good to make sure your family is secure and you have cash coming in.  [24:03] When the planets are in retrograde it is like a reset or a time out to take care of things.  [25:41] When Venus is in retrograde you want to review your relationships and take a look at what you are doing with your money.  [26:25] Look at where your money is, what you owe, where you are making money, and future opportunities. Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Anita’s Website Anita on Facebook Astrology Zone