Real Money Talks

Many of you have goals and dreams in life. These goals allow you to keep your focus and your eye on the prize. If your goals direct you where you desire to go, why are so many left frustrated, depressed, and settled in the status quo?    In today’s episode, I talk about specific steps you can take with a definite time plan that will help you achieve your goals. I have been doing this for two decades and have no intention of changing my ways. It has allowed me to prioritize my most important elements and activities as I move closer to my goals. It will work for you, too, as you assess your goals and understand the concept of 120-day future planning and how it would guide you to achieving your aspirations.       The commitment to the actions is in direct reflection and indication of your success.         In This Episode of Real Money Talks:   Four critical success factors and how to make them happen  Defining cascading planning and the steps you need to take to get it done  Identifying high-level success factors and key performance indicators  Learning the “how to” in getting things done  What not to do – learning from the big, costly mistake I have made in the past  Defining future pacing and why it is important      Essential Questions to Ask When Planning:   What needs to be done?  Who is going to do it?  When will it get done?        Subscribe, Rate & Share Real Money Talks!           Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com! 

There are only two conversations in the world – the occupational conversation and the entrepreneur conversation. A typical occupational conversation involves getting a job, getting an MBA, and hoping everything works for the best for you. If you want to grow your means and invest on Wall Street, this entrepreneur conversation is perfect for you. Your conversations reflect your perception of debt. A lot of people have a negative point of view of this word merely because they are not well informed about the kinds of debt and how they can use the good type to their benefit.   In today’s episode, I talk about two kinds of debt – good debt and bad debt. I discuss how you can use good debt to your advantage and share some practical ways to do it. I also share some tips on how you can deal with your bad debt while staying wise about your financial decisions that could result in having leverage on your investments.   Good debt is debt that is leverage against assets.     In This Episode of Real Money Talks:  Defining good debt How to use good debts Advantages of having good debts and knowing how to use them What to do with bad debt when you acquire money Importance of assessing personal debt versus business debt     Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Years back, I co-wrote the book Guerrilla Wealth with the great marketing writer of all time, Jay Conrad Levinson. The chapters in this book are essential to what I call “going back to basics.” They have you get back to your roots as you contemplate on your current financial status, your goals, and how you can reach these objectives. Knowing these will set you up for the next level of your financial journey, which is planning to be a millionaire. In today’s episode, I discuss the next four chapters from my book that will help you learn how to be financially organized. I also share an encouraging story about the goals I set for myself and my family and the rewards that we are enjoying as I focus on my goals.     One of the biggest lessons I watch people learn over and over is that they look at a team member and say, “Oh they’re so expensive!” No, they’re not expensive. That’s an asset that’s contributing to the growth of your business and giving you the freedom that you want.     In This Episode of Real Money Talks:  Quick review of the first four chapters of my book Guerilla Wealth discussed in the previous podcast Building your wealth cycle is about focusing on your income and assets Building your wealth cycle foundation is about growth, how you do it, and the pivotal move of adding time, energy, and people in your life Acceleration of wealth cycles is about adding a new income stream and setting new goals for new revenues and new assets Leading a team is about thinking about, looking for, and having the people who will contribute to the growth of your team Having life goals is about knowing what you want to do with your money once you acquire it and taking practical steps such as setting goals and putting them on your calendar 8 Core Basics to Be Financially Organized:  Wealth conditioning Figuring out your financial baseline Financial freedom day Managing your lifestyle cycle Building your wealth cycle foundation Acceleration of your wealth cycle Leadership of your wealth team Your life goals Resource Mentioned:  Guerilla Wealth: The Tactical Secrets of the Wealthy Finally Revealed Book by Jay Conrad Levinson and Loral Langemeier     Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Do you want to be organized and efficient when it comes to your financial strategy and planning? You can try different methods and strategies to aim for financial organization, but without the essential foundations, you may be going around in circles and wasting your time. Here are two questions to help you assess yourself as you pursue your wealth conditioning. Are you focused on controlling, managing and minimizing? Or are you focused on expanding, creating, and generating? In today’s episode, I talk about the pinnacle of persistence for me when I landed a deal to co-write with Jay Conrad Levinson, the writer who created the greatest marketing materials of all time. This partnership led to the invitation to write The Millionaire Maker.  I also share the core basics to be financially organized. I explain on the first four principles and will tackle the next four on a separate episode. I also identified questions you ought to ask yourself as you go through each step towards wealth conditioning and, eventually, financial freedom.     If you have something passionate inside that you’ve really got to go for, make it your pinnacle. Make it the moment that really changes the trajectory of your career.     In This Episode of Real Money Talks:  The first principle to make clear in your wealth conditioning is that money is just a tool to accomplish your purpose Financial Conditioning talks about where your money came from, variables to consider, and the importance of choosing the people you surround yourself with Financial Baseline refers to your cash flow and the list of things you owe and own Financial Freedom Day Number identifies the monthly amount you are aiming for depending on your needs and wants Managing your lifestyle cycle is about knowing how much time you spend focusing on what you owe and also about changing your mindset Core Basics to Be Financially Organized:  Financial conditioning Financial baseline Financial freedom day Managing your lifestyle cycle Building a wealth cycle foundation Acceleration of your wealth cycle Leading a team     Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

If you’re someone who wants the best for your family, I bet you’re working long and hard to keep up with the growing demands at home. The question is what do you need to sacrifice to earn enough so that you can provide the good life you wanted for your loved ones? More hours in the office means less time for family. There’s nothing wrong with working hard but did you know that being an entrepreneur is the best way to earn more and gain more?   In today’s episode, I talk about the major reasons why everyone needs to be an entrepreneur. With a wise businessman leading the country, expect more benefits and incentives for your entrepreneurial ventures. I also share how you, as a parent, can help instill an entrepreneurial mindset to your child and change your family’s generational wealth forever.     Companies get money; individuals get taxed.     In This Episode of Real Money Talks:  Reasons why you ought to convert your hobby into a business and incorporate Benefits of having a corporation Incentives of being an entrepreneur Advantages of setting up a company for your children Roles of parents in grooming children to be entrepreneurs     Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Whether you’re an employee or an entrepreneur, tax deductions are part of your financial life. If you’re an employee, what are you doing regarding your tax strategy to enjoy your hard-earned money? Are you aware that being incorporated and having your company can totally change your tax plan for your benefit? Knowing the truth about having your company, how do you intend to proceed with your financial decisions this year?   In today’s episode, I talk about the advantages of having a corporate lifestyle and how this way of life will make a huge difference in your financial status and condition. This change happens once you get incorporated and grasp the enormous impact of this initiative on your life and your taxes.     Companies make money. Individuals get taxed.     In This Episode of Real Money Talks:  Different kinds of companies and corporations Reasons why having a high income is the worst kind of money One simple choice that can change your life How you as an employee can change your tax strategy       Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Women entrepreneurs, at first, want to do everything by themselves. However, a different approach potentially can make you more money. Besides the tasks of being the marketing, handling the social media, and creating web design, you need the help of others so you focus on your business.   Today, I’m talking about who you should hire first when starting your business and how hiring this person can significantly impact your business - and your bottom line. I explain how an assistant helping with setting and closing appointments can be the most vital part of your business.     “Make the money you deserve by having a system of appointments in place.” In this episode of Real Money Talks: Why a scheduler an essential part of your business Focusing on being a lead generator and promoting your business The steps to interview the best assistant for your business Developing a strategy of using a script, communicating with clients, and closing deals Subscribe, Rate & Share Real Money Talks! Loral Langemeier is on a mission - to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gift on AskLoral.com! Don’t forget to download the Live Out Loud community mobile app to stay updated on the latest events, community news, special deals and program alerts, and much, much more!

Getting your product out there is a matter of knowing how to fulfill the gap. Today, I’m talking about the steps of product fulfillment to generate more profit for your business. In product fulfillment, you need print on demand, shipping, and development and many of these steps overlap.   As with any product fulfillment, you need to concentrate on the management, development, and organization of your product. With the new wave of Amazon self-publishing, you can easily print and sell your digital goods in a matter of weeks.     “Product fulfillment is going to help you make more money if you do it properly.” In this episode of Real Money Talks: Consider the ways to sell your product by print on demand, shipping, and development Explore print on demand to get your product quicker and easier than house publishing Strategies to develop your product to set it into gear with smooth delivery Think about pre-selling your idea first then develop your webinar production Subscribe, Rate & Share Real Money Talks! Loral Langemeier is on a mission - to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gift on AskLoral.com! Don’t forget to download the Live Out Loud community mobile app to stay updated on the latest events, community news, special deals and program alerts, and much, much more!

Does everything need to be perfect in order to make good money? Of course not. In fact, it can lead to less money, and even burnout. Today I’m discussing how perfection leads to poverty and why trying to have every aspect of your business perfect should not be your ultimate goal.   Perfection is not the ideal goal you want for your business. When I started to craft my book, I went through numerous steps to make it happen. However, none of them were perfect. You need to collaborate, trust yourself, and go for it.      “If you want to make a lot of money, go for it and trust yourself.” In this episode of Real Money Talks: Your business goal will happen with effort and a positive mindset Finding ways to put your plan of activities in motion through collaboration and trust Considering yourself as a flexible entrepreneur with problem-solving skills on-the-go Trusting your content is great instead of trying to be perfect Subscribe, Rate & Share Real Money Talks! Loral Langemeier is on a mission - to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gift on AskLoral.com! Don’t forget to download the Live Out Loud community mobile app to stay updated on the latest events, community news, special deals and program alerts, and much, much more!

Offering a digital magazine to your audience reaches more than readers and gives you the benefit of making money. Investing in an adequate campaign of online publishing provides you the opportunity to attract advertisers and providers.   Today, I’m discussing the ways to make money with your digital magazine. Millennials and Gen X populations prefer reading online more than print, so why not invest in appealing content to generate more advertisers and business partners?     “Digital magazine is extraordinary; it allows you to reach advertisers and providers.”       In this episode of Real Money Talks: How to use an easy-to-access app that encourages your audience to read your magazine Asking previous clients to contribute content to your magazine Providing excellent photos, a great bio, and a landing page with opt-in to build your database Developing ways to increase readers by offering interviews of expert opinions         Subscribe, Rate & Share Real Money Talks! Loral Langemeier is on a mission - to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gift on AskLoral.com! Don’t forget to download the Live Out Loud community mobile app to stay updated on the latest events, community news, special deals and program alerts, and much, much more!