The Wealth Without Wall Street Podcast

#140: This episode is all about answering the question: How do I get started with the Infinite Banking Concept (IBC)? Russ and Joey discuss how this is a process, all while pairing it with the "Capitalizing Your System and Implementation" chapter in R. Nelson Nash's book: Becoming Your Own Banker. While this answering this question, you'll need to find the right coach. This coach must possess all of the right criteria which Russ and Joey lay out for you. This isn't just someone who can write an insurance policy. A coach needs to be someone who is also actively doing what they're preaching to you, all while sharing their own success and failures. You also shouldn't have to settle for a coach who only checks on you once a year. IBC is a process, not a product. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.

#139: Very rarely do Russ and Joey come across something new in real estate strategy after interviewing over 150 podcast guests, but this episode with Pace Morby is packed to the brim of unique and creative financing options for real estate investors. This action-packed interview with Pace Morby offers brilliant educational insights on being able to place yourself inside previously unheard of real estate financing positions. Imagine being able to put $0 down and having a mortgage in your name, all while having a rental property generating over $1,000 a month. This scenario is out there and Pace is here to spread the word.   This episode may very well change your entire way of thinking about how to get into the real estate investing market.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.

#138: Is there a difference between short-term or vacation rental investing and traditional real estate investing? What are the advantages of short-term rentals and how can you get started?On this week’s episode, Joey and Russ talk with Avery Carl, CEO and Founder of The Short Term Shop, about the short-term rental (or STR) investing market. Avery shares that her motivation to begin researching and utilizing STR came from her realization that she was dependent on others to tell her when/ if she would get a raise at her job. She also tells our listeners how they can get started in STR and the advantages it has over traditional real estate investing or land flipping.Avery then discusses the state of STR markets during the coronavirus pandemic and how people can still actively generate income through them. She explains the various platforms that she and others utilize for managing these properties, including apps like AirBNB, how they have streamlined her management of properties, and how they have changed during COVID-19. This episode offers incredible insights not only into creating and managing a STR business, but also how to understand the markets you are in and ways you can mitigate risk in investing.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.

#137: Daniel Moore of Propellio comes into this week’s episode to discuss multiple valuable topics as he not only breaks down the future of real estate investing, the three fool-proof steps of investing in any cyclical financial market, but also his prioritization of mental, physical and spiritual health over financial success. With Covid-19, there’s a noticeable shift in the global market coming, Daniel’s anticipation is that the next 12-18 months will have a great housing market turn the other direction. The key to this uncertainty is the ability to perform in any market cycle. The largest shift of wealth comes in these uncertain times and those who know how to perform in a downward market have the most to gain in helping themselves and others.Daniel also preaches that real estate isn’t wealth. Through having his daughter, he realized there’s far more to life than what money can buy. Mental, physical, and spiritual health are extremely important and finances are just one piece of that. Top 3 Things You’ll Learn:The current housing market is about to shift and those who are educated and prepared have the most to gain.How core business principles are the path to wealth.How mental, physical, and spiritual health weigh more than financial gains.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Guest: Daniel MooreDaniel Moore never made it out of high-school and worked in construction for $9 an hour. He suddenly found his passion was in real-estate investing. At 21, he bought his first house project, leaving him with only $50 in his banking account. By the time he sold it, he cashed in a $96,000 check. He caught the bug and earned other high gains, but also hit deep lows due to the cyclical market. Stuck with a decision to make, he turned to educating himself and invested every penny he had into fully immersing himself into learning business principles, the path to wealth. Now, He’s the mastermind behind Propelio, a real estate investing software and education platform.

#136: On this week’s episode of The Wealth Without Wall Street Podcast, Joey and Russ continue their book review of Becoming Your Own Banker by R. Nelson Nash to dive into the equipment financing section to examine the numbers behind these policies.Joey and Russ show how Nash was able to help his nephew grow his income from $92,000 a year to almost $220,000 a year using cash that was already available to him. This section of the book begins to back up the ideas discussed earlier with concrete numbers so you can SEE the growth taking place.Joey and Russ then show you steps YOU can take to apply these same strategies and grow your passive income using sources of cash that you already have in your personal or business life. This is a pivotal episode to show the numbers behind the concepts discussed in previous episodes. You don’t want to miss it!Top 3 Things You’ll Learn:Why everyone should be in two businesses, the one you are currently working in and the business of banking that you use to finance yourself.How you can take control of your finances and how you benefit from banking on yourself.How to maximize your passive income using sources you already have in your home or business.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Join Our Community (It’s Free): Not only will you be able to interact with our podcast guests via exclusive Q&A sessions, but you’ll also be given free access to our Financial Freedom 101 course that’s designed to clarify and accelerate your path to Financial Freedom. Sign-up today and immerse yourself with others who are breaking free from corporate America and Wall Street. Resources: Interested in Financial Freedom? Schedule a Call with Us!Join our Community!

#135: What This Episode Is about:On this week’s episode of The Wealth Without Wall Street Podcast, Joey and Russ return to their book review of Becoming Your Own Banker by R. Nelson Nash to answer an important question: Can you put all of your income into an Infinite Banking Policy?Joey and Russ explain in order to answer that question and begin making tactile decisions that will propel you forward, you HAVE to identify what financial freedom looks like for you individually. They tell our listeners that we have to recognize that it’s not about how much or how little we make, but our decisions and abilities to utilize those resources to get out of the rat race. Once we begin to recognize that, we can dive headfirst into making those nuts and bolts decisions that will get us there faster. This is a must listen to episode for anyone that is wrestling with questions or doubts about achieving financial freedom.Top 3 Things You’ll Learn:Why taking the time to establish what financial freedom looks like to you and your family is crucial to building the foundation for Infinite Banking and passive income. How to know the difference between when to invest more money into a policy or when it is time to expand that policy. Why joining a community is vital to achieving financial freedom.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Join Our Community (It’s Free):Not only will you be able to interact with our podcast guests via exclusive Q&A sessions, but you’ll also be given free access to our Financial Freedom 101 course that’s designed to clarify and accelerate your path to Financial Freedom. Sign-up today and immerse yourself with others who are breaking free from corporate America and Wall Street.  Resources:Interested in Financial Freedom? Schedule a Call with Us!Join our Community!

#134: We are all in the midst of having to make pretty significant change in our lives. Maybe your work has been completely cut out from you and you’re struggling to find an answer. That’s exactly where our guest on today’s show, Pat Flynn, was in 2008. After losing his dream job as an architect, Pat created a website to help others pass the LEED test, an exam many have to take in the architecture industry. People began leaving feedback on his site, with many saying his content was so good, they would pay for it. So Pat wrote a study guide that dove even deeper into techniques to pass the LEED and sold it for $19.99 on his website. During its first month on the website, Pat generated $7,008.55 and that’s when it began to click for him.Since then, he has created various businesses under the Flynndustries LLC umbrella and uses them as case studies in both his blog and podcast. To date, Flynn's businesses have generated over $3 million in revenue and now he works with people all over the world to teach them how to do the same.Our listeners can learn more about the resources Pat discusses in this episode exclusively at wealthwithoutwallstreet.com/patflynn Top 3 Things You’ll Learn:How to get started creating your own website and how to create passive income from it.How your earnings tie into how well you serve your audience and why that’s important to measure.How transparency with your audience works so well in your favor and actually grows your income.Guest: Pat FlynnPat Flynn is a father, husband, and entrepreneur who lives and works in San Diego, CA. He owns several successful online businesses and is a professional blogger, keynote speaker, Wall Street Journal bestselling author, and host of the Smart Passive Income and AskPat podcasts, which have earned a combined total of over 60 million downloads, multiple awards, and features in publications such as The New York Times and Forbes. He is also an advisor to ConvertKit, LeadPages, Teachable, and other companies in the digital marketing arena.  Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Join Our Community (It’s Free): Not only will you be able to interact with our podcast guests via exclusive Q&A sessions, but you’ll also be given free access to our Financial Freedom 101 course that’s designed to clarify and accelerate your path to Financial Freedom. Sign-up today and immerse yourself with others who are breaking free from corporate America and Wall Street.  Resources:Our listeners can learn more about Pat’s resources at wealthwithoutwallstreet.com/patflynnInterested in Financial Freedom? Schedule a Call with Us!Join our Community!

#133: From Bankruptcy to Printing Money W/ Neil TwaAmazon seems like the lifeblood of our society, especially during the COVID-19 outbreak. So what if there was a way for you to use Amazon’s platform to generate passive income for YOU?Our guest on today’s show is Neil Twa, a master at selling items through Amazon’s FBA program. Neil explains how he learned about Amazon’s market and the potential that foundation had to create passive income streams for him. So after he was laid off from his position at IBM, he decided to dive head first into selling through Amazon and then began scaling his operations. Today he now works to help others, even those with NO experience selling on Amazon, how they can utilize the FBA program to make upwards of 6 and 7 figures annually. He’s also agreed to join our community and teach YOU how you can get started. For more info go to wealthwithoutwallstreet.com/amazon Top 3 Things You’ll Learn:How working with Fulfillment by Amazon brought Neil from bankruptcy to printing money and how it can do the same for you.Why scaling operations with Amazon is vital to creating passive income and can generate over 6 figures annually How anyone can learn to sell through Amazon and why it’s a great avenue for passive income.Guest: Neil TwaNeil is a 7 figure ECOM expert who has shared stage time with Kevin Harrington, Jay Abraham, been featured in Entrepreneur.com, Huffington Post and INC for his knowledge, training and business growth around SaaS and E-commerce focused companies in the Shopify and Amazon markets selling physical and digital products. He's successfully coached over 500+ entrepreneurs and made dozens of millionaires teaching them how to sell physical products online, just like he's going to show you today. The software he'll demonstrate is hands down, the best in the industry for managing order fulfillment, product sourcing, automation and product selling. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode. Join Our Community (It’s Free):Not only will you be able to interact with our podcast guests via exclusive Q&A sessions, but you’ll also be given free access to our Financial Freedom 101 course that’s designed to clarify and accelerate your path to Financial Freedom. Sign-up today and immerse yourself with others who are breaking free from corporate America and Wall Street.  Resources:Neil has an exclusive session for OUR LISTENERS on the community at wealthwithoutwallstreet.com/amazon.Interested in Financial Freedom? Schedule a Call with Us!Join our Community!

#132: Redefining Leadership and Success W/ Shawn Lovejoy.Great leaders are often forged in times of crisis. COVID-19 continues to decimate the economy and millions of Americans have found themselves forced to work from home. However, it’s in moments like these that leaders rise up.On today’s episode Russ and Joey sit down with Shawn Lovejoy, Founder & CEO of Courage To Lead. Shawn tells our listeners how to become a leader even during overwhelming periods in our lives. He explains the most important resource in any leadership scenario is the people you are leading.This is an episode you MUST listen to if you are looking to improve your leadership skills through greatly improving the relationships at work and home.Top 3 Things You’ll Learn:Why during any period of business, the most important resource you have is your people.How caring for the people inside your organization is just as valuable as creating a roadmap for them to follow.The things people need to have right now during uncertainty and how to improve your ability to lead others. Guest: Shawn LovejoyShawn is the Founder & CEO of CourageToLead.com. Shawn has been a successful real estate developer, church planter, megachurch pastor, and successful entrepreneur and leadership coach. Shawn now leads a team of coaches through CourageToLead who coach leaders through what keep them up at night! Shawn is the author of three books including Be Mean About the Vision: Preserving and Protecting What Matters and The Measure of Our Success: Your Path To Significance, Satisfaction, & Leading Yourself To The Next Level. Shawn has been married (for a quarter of a century!) to his partner and best friend Tricia Lovejoy, and they have three children: Hannah, Madison, & Paul. They all call Birmingham, AL home. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode. Join Our Community (It’s Free):Not only will you be able to interact with our podcast guests via exclusive Q&A sessions, but you’ll also be given free access to our Financial Freedom 101 course that’s designed to clarify and accelerate your path to Financial Freedom. Sign-up today and immerse yourself with others who are breaking free from corporate America and Wall Street.  Resources:Learn more about Shawn at his website: https://www.couragetolead.com/Interested in Financial Freedom?Schedule a Call with Us!Join our Community!

#131: How could creating passive income streams make a difference in you and your families lives right now? As Wall Street’s volatility continues to shift day after day during Coronavirus, what can you be doing not only to generate more income for yourself, but also add more time to spend with your family?Our guest on today’s episode, Sid Christensen, explains how using Infinite Banking Concept to fund land deals and rental properties allowed him to change his family’s life for the better. He talks about how he found out about Wealth Without Wall Street and his initial skepticism towards IBC and real estate. However after taking the chance and diving into rental properties, he is now working to show others what financial freedom can look like for them. Sid also gives advice for those who are just getting started or thinking about getting started and the most important things they need to learn to minimize mistakes and maximize their success.If you’re wondering how transformative passive income, IBC, and financial freedom can be in your life, this is an episode that shows first hand how much it means to a listener. You don’t want to miss this episode! Top 3 Things You’ll Learn:How having a positive attitude can actually increase your success and help you overcome roadblocks faster.How to stay consistent with land deals, especially when you are first starting out.Why IBC works so well with land deals, and how it can help you reach your financial freedom goals faster. Guest: Sid ChristensenSid’s career goal has always been simple… to make money. While working various full-time jobs, he started off on his financial freedom journey by learning from mistakes made in investing, experiencing the Dave Ramsey approach, and then finally in 2018, he tested the waters by creating his opportunity fund with whole life insurance. Soon after, the Financial Freedom Formula became clear to him and he chose a passive income path that worked best for his needs; land flipping. He quickly saw over $2,700 a month in passive income, all while working towards spending more time with his kids.  Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Join Our Community (It’s Free):Not only will you be able to interact with our podcast guests via exclusive Q&A sessions, but you’ll also be given free access to our Financial Freedom 101 course that’s designed to clarify and accelerate your path to Financial Freedom. Sign-up today and immerse yourself with others who are breaking free from corporate America and Wall Street.  Resources:Interested in Financial Freedom? Schedule a Call with Us!Join our Community!