Real Money Talks

Having a mentor or coach is part of the path to success. Everyone from athletes to musicians use mentors to help guide them. Once you are clear about what you want, you need to pay attention to who you listen to. You don’t want to fall prey to a bunch of hype or script readers. Choosing a mentor should be based on knowing where you want to be and then finding someone who is a step above that. Aiming high will motivate you and hopefully push you beyond that level. Decide on the outcomes you want, then get out of your own way and allow yourself to be helped.   "Don’t buy the brand, buy the human connection. If you can’t get it, then just walk." – Loral Langemeier   In This Episode of Real Money Talks:  The importance of having a mentor or coach for success Picking a mentor that you want to be like Being clear about what you want and ready to change your life Paying attention to the human connection and accessibility Getting out of your own way and allowing yourself to be helped   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!

Co-working spaces are gaining in popularity as the younger generation, particularly millennials, want a lighter, more convenient option. They are moving away from the concept of bigger and more. They don’t want to be burdened with all of the stuff that comes with a big home and a big corporate office. They want the convenience of working when and where they want while still having the services and amenities they need. On today’s episode, I’m going to discuss what a co-working space is and the advantages that many millennial entrepreneurs enjoy by working in a co-op setting.   "The millennials just want a place they can go to and work. They don't want to be bogged down with a lot of stuff." – Loral Langemeier   In This Episode of Real Money Talks:  How coworking spaces are the future of work. Amenities and advantages of using a co-working space How millennials want easier access and less stuff Advantages of having a Nevada address and lease Fun aspects of co-working including coffee, wine, networking and collaboration     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!

Having a business strategy can be the difference between running a profitable business and having to close the doors. Do you have a business strategy? What is your strategy for this year? If you don't have a clearly defined strategy, it is something worth spending time thinking about. Do you have what Jim Collins refers to as a BHAG or big hairy audacious goal for your business this year? Today, I talk about the difference between having a strategy and tactics. A strategy is a big plan and goal for your business and the tactics are the little things that get you there. I also talk about having a measurable strategy. If you can't measure it and quantify it, there is no way to know if it is working. I also talk about stepping into the future and embracing different channels and technology instead of just doing the same thing over and over.    "Think about what you are doing, what you are attached to, and how it can be different."     In This Episode of Real Money Talks:  Importance of business strategy and big goals Using different channels to promote your business Having the ability to measure and test strategies Focusing on modernizing industry specific models Finding the thing that drives cash to the bottom line 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!

Are you an investor who’s looking for new ways to invest your money? Do you want to be known as one of the wise investors and not merely someone who makes money because of your high income? Do you want to know about the trend that is going to astound traditional banking and investment players? In today’s episode, I talk about a way to make money and invest it with a team. This method is called equity crowdfunding. I explain the difference between donor crowdfunding and equity crowdfunding. I also explain what makes equity crowdfunding so attractive to investors and how it minimizes risks to investors through blended returns.     In real estate, equity crowdfunding is a way that consumers get to get to another consumer and not go through the financial institutes.     In This Episode of Real Money Talks:  Defining what a donor crowdfunding platform is Explaining equity crowdfunding List of some companies who do equity crowdfunding The big debate in the investors’ community about crowdfunding Reasons why being a high-income earner does not mean you’re a smart investor Top 25 Crowdfunding Platforms and its benefits to investors     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!

What comes to your mind when you hear the word “cannabis”? Some associate it with words such as “prohibited” and “unlawful,” while others choose to look at the positive medical effects that this plant brings. Aside from what others claim as favorable medical results that cannabis produces, there are those who see this as a gold rush to the finish line.   In today’s episode, I talk about a very contentious conversation and a controversial investment about the cannabis business and share matters that would require an enormous amount of work in the marijuana industry should the legalization of this plant be approved in 2020. I discuss some questions that should be addressed in making marijuana legal concerning the legal side, ethical standpoint, and business outlook.     Tending plants is one thing. Nurturing an enterprise so that it can thrive, especially with the risk factors of the product and the business is an interesting and very critically untapped documented business.     In This Episode of Real Money Talks:  Who the cannabis experts are but without the capital to establish their business Three divisions of growth enterprises: lead generate, production, customers An approximation on the capital of and estimated profit in the cannabis business Doctors prescribing medical marijuana Amount of compliance at the local level if the prediction that medical marijuana would be legalized by the year 2020 happens     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!

Are there tasks you repeatedly do every week? How about every day? Do you know that you can save time and make more money if you automate some of your responsibilities? Are you aware that making money is correlated to having a database? Today’s guest is businessman, Thomas Blackwell of Infusionsoft, who identifies some critical points on why having a database, together with automation, rules in today’s business world. Thomas talks about the significance of automating the things you often do in your business. He emphasizes the importance of having integrity in the business by doing what you say and saying what you do. A classic example of this is when you say you would follow up with people. Thomas points out that having a database and automating some of the necessary tasks can help you achieve this goal and make you a person of integrity.     “It’s a wonderful thing to see that there’s a possibility that businesses can automate the little things so they can be present for the big things.” – Thomas Blackwell     In This Episode of Real Money Talks:  How to automate the things you do frequently and repeatedly How growth happens exponentially with automation An inspiring story of a lady running a bed and breakfast in France whose business quadrupled in the next 12 months with the help of Infusionsoft Why automation trumps determination     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 are an investor, especially if you’re a first-time investor, you probably have looked into your options. One of the choices you may have considered is being a shareholder of a company. Owning some shares of a company is also known as equity. Before jumping into any decision, it is best to know the pros and cons of your choices. Don't just go with the flow because most people want equity. Is equity the best possible course of action for you?   In today’s episode, I talk about the difference between equity and debt. I also discuss why I love being the “bank.” I also discuss why being in the lender position puts you in a more advantageous position than owning a share of the company. Being the bank is the smart and conservative way to invest. It’s not difficult to protect your assets. Let me show you how.     Debt trumps equity all the time.   In This Episode of Real Money Talks:  Defining equity Explaining convertible notes Benefits of being in the debt position     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 are an entrepreneur, having a business card serves many things. It gives others an idea about what you do and allows prospective clients to reach you. It also implies you are serious about what you do and that you mean business. While people still use calling cards today, the innovations in technology have created a new way of being known and making business – through apps.   Today's topic is very timely since I just launched my "Ask Loral" app. In today’s episode, my guest Kerstin Morris who is an app expert talks about why your business ought to have an app. She explains how apps function like calling cards and more since you can generate money with your apps. She also reveals the price range of creating apps that will suit your needs. Worry no more about app maintenance since Kerstin and her team will also do it for you.     Apps are like today’s calling cards.   In This Episode of Real Money Talks:  Reasons to create and have apps How easy it is for business owners to get an app How you can monetize with your app Means for people to know that your app is live     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!

Stagnation is the opposite of growth. With people depending on you, you cannot afford to stop growing and wait for others to tell you what to do with your life, what to do with your money, and how to carry on. Only you can make the decision to continue growing, keep on investing, and change your family’s financial legacy. Only you can make the decision to keep motivated   In today’s episode, I talk about the details of my workshop “Get Motivated.” I know that, at some point, you would need encouragement and support to reassure you that you are heading towards the right path. If this is you, learn more about what’s in store for you in my Get Motivated workshop where you are sure to learn life-changing lessons that will make you change the way you view money for good.     If your life isn’t working with money or even if it’s just okay or you’ve gotten comfortable, it’s time to go to the next level.     In This Episode of Real Money Talks:  Things to expect in the Get Motivated Workshop Introduction to different money-making techniques How to keep your money through corporate structures Introduction to some best investments taking place in the country now     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!

Imagine you have been working all your life and finally realized that you have the means and the ideas to be a great entrepreneur. Now that your business is thriving, what’s next for you? Great entrepreneurs don’t just look at the present; they look forward, think ahead, and anticipate the inevitable – retirement. While planning for your business is great, have you ever thought of what’s in store for you after all the work is done?   In today’s episode, Danny Blue of iSelf Direct expresses the number one problem of America - the lack of awareness of the perks and advantages of having retirement plans and being a business owner. Danny talks about what a Solo 401K is, points out the awesome advantages of having one, including the outstanding amount that you can take home every year, tax-free.     A solo 401K is bulletproof in creditors, lawsuits, and bankruptcy.     In This Episode of Real Money Talks:  Defining Solo 401K Reasons why entrepreneurs need a Solo 401K Benefits of Solo 401K Amount that entrepreneurs expect to get from a Solo 401K Protections for Solo 401K offer The "Why Test" and what it does Check Out Danny Blue Across the Net:  iSelf Direct Website     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!