The Art of Passive Income

Jonathan Krueger is the co-founder of LionsGate Advisors and the host of Living a Richer Life by Design. Since the year 2000, he has invested in the personal finance industry and has held several executive management positions throughout his career. Jonathan takes pride in guiding his clients to make informed decisions, avoid costly mistakes, lower their taxes, increase estate size and find money falling through the cracks. Jonathan attributes his success to the high priority he places on being a good steward of the assets entrusted to his care. As a business owner, Jonathan understands the importance of combining the concept, effort, and process of succession planning for business owners into a clear, simple strategy. He collaborates to build a business that is highly valuable and transferable through strong human, structural, customer, and social capital.Listen in as they discuss:Wealth managementHow to live a richer lifestyle designKnowledge transfer componentsHow to navigate and help people with difficult conversationsHuman capital versus intellectual capitalWorst advice heard or seen given in wealth managementJonathan also shares his perspective on what he believes success is and more.TIP OF THE WEEKMark: My tip of the week is learn more about Jonathan Krueger and how he can make you even wealthier, go to lionsgateadvisors.com and check out the Podcast Living A Richer Life By Design.Scott: Check out donut.app; go there, connect your bank account and look for a spare change and buy a bitcoin.Jonathan: There are three things: One, most wealth is accumulated through Real Estate or Passive Real Estate; another is looking out for alternative investments with waste stage venture capital and another is an actual life insurance. Those are the ways to create wealth. Second, if you running a business, Mike Michalowicz's book The Profit First. It helps us navigate change in economic cycles. Third, David McKnight wrote a book called The Power of Zero, it's more of the IOUs that are pushed out especially that we have a country that pays for it. If you haven't read the book I highly recommended it.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Scott BossmanErik PetersonTate LitchfieldScott Todd...and our new coach, Teria Harris!Listen in as they go around the table and ask Teria a series of questions that prompt her to share with us her story before becoming a land investor, her reason for getting in the business, and some of her early experiences. She also shares with us the skillset that qualifies her as a good coach and what she’ll use to coach her students.TIP OF THE WEEKMark: Read the book, "The Biggest Bluff" by Maria Konnikova. The metaphor that she makes for learning how to play Poker and how it translates into life is phenomenal. Poker is a beautiful analogy to life. Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?

Joining Mark this week are:Scott BossmanMike ZainoErik PetersonTate LitchfieldScott ToddListen in as they go around the table and share with us a few of the goals they would like to achieve for the year 2021. From spending more time with family to cracking marketing codes, the Land Geeks have a lot in store. Tune in to hear more!TIP OF THE WEEKMark: My tip of the week is, I got Ready Player 2 by Ernest Cline, the book and an audible book. The way to really absorb it because there are so many references on it is to listen to it on 1.2x speed and read it at the same time. Be totally immersed in Ready Player 2.Erik: Check out this book on Amazon, automate the boring stuff with Python. It is a programming language, very simple to learn, it is not overly complex. This isn't like a quick-fix, this is not like a plug-in. This is like a long-term commitment, if you want to learn something that's kind of translate for a while and you want to learn computer programming, then check out Python on this book: Automate the Boring Stuff with Python by Al Sweigart.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Michael Lam is an award-winning entrepreneur and the CEO at Kaydoh, which is a family-oriented real estate technology company that seeks to protect the jobs of Real Estate Agents. He has over twelve years of experience in real estate and marketing and is considered an expert. He previously co-founded Gohire in the Human Resource industry. He has built one of the most viral messaging apps that did over one hundred thousand messages in over one hundred countries in less than thirty days using chatbot technology.Michael was a featured speaker at the National Association of REALTOR’s conference. He attributed his early success by leveraging LIVE chat. In his spare time, he is a real estate investor who works primarily as a private money lender for flippers, does gap funding, and more.Listen in as they discuss:Kaydoh, its functions, and its purpose.Chabot and how it can be incorporated into your business.How can Kaydoh be used to communicate with potential leads on Facebook and other platforms?How can Kaydoh be used to direct leads to your landing pages?And, more!TIP OF THE WEEKMark: My tip of the week is going to make you a ton of money and save you a ton of time, go to kaydoh.com; engage, know your prospects, instantly chat, auto-engagements, marketing help, consolidate your social media engagements. It's a video-friendly, smart website builder.Scott: Check out favicon.io, when you go there they help you easily create those little things for your website.Michael: Two things: First, a book called Millionaire Next Door by Stanley,  it talks about what it means to build wealth and what it means to be financially free, being wise with money. The second book is called Why Doctors Skip Breakfast by Gregory Charlop, that book talks about why intermittent fasting is a good thing, it has health benefits out there.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark are:Scott BossmanErik PetersonMimi SchmidtMike ZainoTate LitchfieldScott ToddListen in as the team delves deep into the options available for you to obtain the lists and offers pro tips on how to make this process as painless as possible. Plus, they review the paid subscription websites, more specifically Agent Pro 247, and let you know if they are worth using. TIP OF THE WEEKMimi: Here’s a hack around the location glitch in Facebook Marketplace—if your ad isn’t getting views, delete it. Then, when posting new ads, do not put a zip code in the location. Put a big enough city that when you type it out, there’s a thumbnail picture of the city. If there’s no thumbnail picture, then don’t use that location, find a larger city.Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?

Todd Tressider is an investment and entrepreneurial expert who has founded Financial Mentor, a platform that is used to educate business owners and investors about the wealth-building principles he learned from years as an entrepreneur in the investment management industry. He is recognized as a serial entrepreneur, building many businesses and retiring at the age of thirty-five from his position as a Hedge Fund Investment Manager who is responsible for a twenty-plus million dollar portfolio.Todd holds a B.A. in Economics from the University of California at Davis where he was apart of the Economics Honors Society and Dean’s List. He has raised a net worth from less than zero at the age of twenty-three to a self-made millionaire twelve years later, using the same personal finance and investment strategies that he taught on his website. He is still an active investor who earns consistent investment returns in both up and down markets.Listen in as they discuss:How to, when to, and where to investHow to develop a passive income The conventional financial planning modelThe lifestyle modelThe cash flow based modelConventional annuity and assetsDifferentiating between effective and ineffective adviceAnd, more!Todd also speaks of his book that outlines his three simple models one of which approaches the idea of how much money do you need to retire. TIP OF THE WEEKMark: My tip of the week is become more and more educated, go to FinancialMentor.com. There is so much wisdom on that site.Scott: Check out this link lingvanex.com, it’s a phone call translator basically, you can download this app, dial in, and literally have a phone conversation and they will convert your language to their language like you’re having a translator on the line.Todd: Check out my website FinancialMentor.com, and in terms of the tip of the week: be weary; this is a bubble we are in right now with all these assets rising do not get caught up and just be prudent, do not be standing naked when the tight floats out.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Firstly, it’s important for you to know how to do the processes needed to run your business before you pass them off to someone else. Then you need to create a blueprint, hire competent and trainable persons, and be open to suggestions on better ways of getting things done! Paint the big picture for your VAs and explain how they can help you achieve it. Last, but by far not least, segment tasks into smaller micro-tasks to dispel confusion.Joining Mark this week are: Erik PetersonScott ToddScott Bossman Mimi SchmidtMike ZainoTate LitchfieldListen in as the team goes around the table and discuss their own processes on how they put together a good team of VA’s to build their bulletproof systems. They offer advice on how to conduct a litmus test, identify expert VAs and create systems that hold up if your VA quits.TIP OF THE WEEKMimi: If you’re just getting started with Zapier, you can learn some good tips from the Facebook groups, Zapier User Community and Zapier Automation Community. There’s also Mentorship Program where you can either be the mentor or the mentee.Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?

Chris Prefontaine is a 3-time best-selling author of Real Estate on Your Terms, The New Rules of Real Estate Investing, and Moneeka Sawyer’s Real Estate Investing for Women. He’s also the Founder and CEO of SmartRealEstateCoach.com and host of the Smart Real Estate Coach Podcast.Chris has been in real estate for almost 30 years. His experience ranges from constructing over one hundred single-family homes in the ’90s, owning a Realty Executive Franchise,  running his own commercial and residential investments, and coaching clients throughout North America. He is an advocate of constant education and has participated annually in high-end mastermind groups, boot camps, and private mentors in order to stay abreast of the ever-changing real estate market.Today, Chris runs his own buying and selling businesses with his family team, which purchases 2-5 properties monthly. Having been through several real estate cycles, Chris understands the challenges of this business and helps students navigate the constantly changing real estate waters.Listen in as they discuss:The  lease-purchase processHow the lease-purchase model works during times of economic uncertaintyHow the model works to incorporate virtual assistantsAnd, more!Also, Chris shares some of the characteristics that are common among his successful students. Tune in!TIP OF THE WEEKMark: My tip of the week is learn more about Chris Prefontaine and his genius model at smartrealestatecoach.com and his podcast called Smart Real Estate Coach.Scott: Check out, dwellito.com/mini-offices; if you ordered a mini office it will be delivered to your house in 4-6 weeks, like 64-100 sq feet. It's not cheap and not free, but if you're looking to have that quiet space check this out.Chris: Our second best seller book called The New Rules, we're going to give it for free. Just go to newrulesforfree.com."Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?"

Joining Mark for this Land Geek Q&A session are:Erik PetersonMimi SchmidtScott BossmanTate LitchfieldScott ToddListen in as the team talks with Drew Kurianowicz who reveals all the secrets to his success. He also shares with us how he found his motivation and how he got started with his land business which became a hobby for the first two years. Ultimately, he grew his business to a staggering 25 thousand a month in passive income using only the Investor’s Toolkit.TIP OF THE WEEKDrew: Two tips with a different perspective on sales—If you’re not selling enough property, look at your inventory. The more inventory you have, the better the chances you have at selling. Sales will increase because you have more options to offer a potential lead, so keep your inventory up. Also, “The second sale”—take advantage of previous buyers.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Patty Dominguez is a positioning marketing expert who has over eighteen years of experience working with Fortune 50 Global brands. She has worked with brands such as Kraft Foods, McDonald, Coca- Cola, Mondelez, and many others. Patty works with purpose-driven business owners who have an idea but are struggling to stand out in a crowded marketplace. She is passionate and driven to inspire small businesses to discover their uniqueness in the marketplace, leverage strategies for their business growth so they can establish a strong value proposition, increased revenues, and a better position in their niche.Listen in as they discuss:Positioning strategiesHow to position your business in the marketplacePersonalization at scaleSegmenting your businessProof pointsAnd, more!Patty also shares some of the worst advice she’s seen or heard given in positioning marketing or just marketing in general. Tune in to hear more.TIP OF THE WEEKMark: My tip of the week is become a positioning expert and the best place to go is go to pattydominguez.com; she's got podcast, blog and she's cool.Scott: Check this out, actionablebackground.com, you can have your zoom virtual backgrounds from this website.Patty: I have a quiz that I put together called positioningquiz.com; take this quiz and it's going to give you all the elements that you need for your positioning. You'll also get a little course that I developed and it's absolutely free it comes with a branding journal, survey, personality test, the whole deal.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?