The Wealth Without Wall Street Podcast

#121: What This Episode Is About:We’ve all second guessed ourselves at some point in our lives, especially when it comes to financial decisions. However, is there anyway to go back to a plan after abandoning it? How do we decide what’s truly right for ourselves and our families?Today’s episode talks about a client and friend of Wealth Without Wall street, Jonathan Sanders.He shares his personal journey of being exposed to Infinite Banking, but canceling his policy after only 7 months. He then explains what brought him back to it, and how he determined it was the right decision for him. He calls himself the Prodigal Son of Infinite Banking. He walks through the emotions behind his journey, the doubts he had along the way, and ultimately, the idea that the product is never meant to be the savior, but rather how the product changes you on your financial journey. His story is humbling, eye-opening, and inspiring, and if you are someone who struggles with doubts in the world of financial freedom, this is an episode you cannot afford to miss. Mentioned In This Episode:How to evaluate the best way to live comfortably while still living within our means and our budgets.Why it’s important to surround ourselves with people that challenge the way we think about finances and help us think outside of the status quo.Why change is so important to not only understanding Infinite Banking, but living a life that compliments it and maximizes your returns. And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:Schedule a Call with Us

#120: What This Episode Is About:What if there were a way to use your phone to generate a profit for you every time you went shopping? What if you could use this method to create a business that passively generates income straight from your phone?Our guest on today’s show is Ann Sieg and she discusses how to shop your way to wealth by purchasing items in bulk and then sell them for a profit through things like Amazon. She explains that using these services is one of the best methods of cash flow generation. It is also a business that after its initial setup is designed to be hands off, thereby generating passive income. Ann and her team have trained over 6,000 people to generate quick cash flow from the simple retail arbitrage method. Many have gone on to buy new homes, quit their jobs, pay off debt, assist family members and enjoy the mobile lifestyle of travel and adventure.Even if you know nothing about Amazon, Google Adwords, or anything else about online selling, this episode is an incredible listen to get started on using these marketplaces as a means to generate passive income.  Mentioned In This Episode:How to determine the best products to buy in bulk and sell at a profit online.When to scale your business to increase cash flows and how to properly scale it to maximize your income.How to identify the best tools for bringing your business to the top of search engine results. And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:Visit wealthwithoutwallstreet.com/ann to join the community, learn how to get in touch with Ann, and receive crucial tips to help you get started.Schedule a Call with Us

#119: What This Episode Is About:Are you tired of waking up in the morning and saying I HAVE to go to work today? Do you feel like all of your time is consumed thinking about or working to earn money? Is it easy for you to say I have to do this to ensure you have enough to cover all of your expenses? Joey and Russ sit down today to discuss how people can stop trading their time for money. They break down the financial formula and why maximizing your passive income is the key to finding financial freedom and achieving the flexibility that seems impossible at your current job. They also explain that there are multiple avenues for creating passive income and that there isn’t a one size fits all approach that dictates financial freedom. Finally they discuss what to do with that income once the money starts flowing in, how to maximize that income, and how to properly pay down our debts. This is a crucial episode for any of our listeners that have been asking themselves “How do I finally stop trading my time for money?”  Mentioned In This Episode:Why passive income is the most important thing when looking to maximize both your time and your money.How we can earn income today that we can use to grow our assets and increase our passive income.How to properly pay down our debts and why knowing the correct way to pay down debt is crucial to financial freedom.And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:Visit wealthwithoutwallstreet.com to learn more about the Five Pillars of Wealth, The Financial Formula, and everything else discussed on today’s episode.Schedule a Call with Us

#118: What This Episode Is About:Should we fear failure as much as we do in today’s culture or should we embrace it and learn from it? J. Massey is our guest on today’s episode and he argues how important failure is to our long term success. In just six years, J. went from selling his possessions on eBay to building an impressive real estate portfolio of over 300 units that includes residential and commercial properties, as well as private notes and mortgages. J. explains that it’s important to fail fast, fail forward, and fail frequently. Failure is not something we should run from or never expect, but something we should embrace as an opportunity to learn from our mistakes. J. also explains why we should start investments before we feel like we are fully ready because starting an investment now will always be more valuable than starting one later, even if you have a few missteps along the way.This is an incredible episode showing not only the benefit of real estate investments and cash flow, but why it's important to talk about the low moments in a success story in addition to the financial freedom it can provide. Mentioned In This Episode:How to recognize we can often handle more work than we feel like we can and how to embrace that mentality to push ourselves forward.How our excuses are manifestations of our fears and how they will often hurt us more than any failures we would face moving forward.How to fully value our time to money ratio and maximize the amount we can be “earning” at any given hour. And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:To learn more about J. Massey’s courses, podcasts, and more visit https://cashflowdiary.com/Schedule a Call with Us

#117: What This Episode Is About:Have you ever considered that banks can only make a loan from your deposits? Let that sink in for a moment. Should your deposit be working for you or for them? Today Joey and Russ discuss with Chris Naugle how the wealthy understand this concept and use it to their advantage. Chris explains that he earned his wealth by learning and imitating what the wealthy ACTUALLY do rather than what they tell others to do.Chris Naugle has dedicated his life to being America’s #1 Money Mentor. His success story includes managing over 30 million dollars in the financial services and advisory industry and tens of millions in real estate business, with over 200 transactions and an HGTV pilot show since 2014. This is an exceptional episode for those wondering why financial advisers try to dissuade individuals from alternative investments and the steps you can take to begin building wealth like Chris. Mentioned In This Episode:How to get off the perpetual hamster wheel of “earning money” then “feeling broke” and finding actual long standing wealth. How to secure others’ money to become the bank for any investment you are looking to finance.What tools the wealthy use outside of Wall Street to secure investments and attain financial freedom. And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:To connect with Chris, visit his website: https://chrisnaugle.com/Schedule a Call with Us

#116: What This Episode Is About:On this week’s episode of the Wealth Without Wall Street Podcast, Joey and Russ bring Tal Simpson back to explain how he originally got into real estate investing and how The Infinite Banking Concept was a cornerstone to building his properties. He went from owning zero properties and working a job he disliked to owning over 60 rental properties and creating financial freedom in less than 2 years.Tal explains the steps he took once he learned about IBC to build his real estate investments, the mistakes he made along the way, and how he was able to grow his properties in a practical and efficient way. He also tells our listeners how they can learn from experiences like his and what is most important to know when looking to get into real estate investing.This episode is phenomenal for any of our listeners looking to learn the foundational concepts of rental properties, The Infinite Banking Concept, and developing passive income. Mentioned In This Episode:How IBC and Real Estate Investing work in tandem to create incredible financial growth and why you should always use IBC when looking into real estate.How to properly utilize the cash you borrow against the policy to maximize growth in your investments.How to escape the mindset that we are locked into working a 9 to 5 corporate job and how to find ways to turn what we enjoy doing into success.And much more!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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:To connect with Tal, head to https://connectedinvestors.com/member/tal-simpsonSchedule a Call with Us

#115: What This Episode Is About:Real Estate is a crucial pillar of wealth when it comes to financial freedom, but what if you don’t want to actively own or manage a property? Brian Page is our guest on this week’s episode of The Wealth Without Wall Street Podcast, and he discusses how he built a business with AirBnB properties. He explains his “formula” that allowed him to earn $117,000 in 6 months and over $300,000 his first year. Brian discusses his challenges of building passive income without any properties, limited cash in the bank, and terrible credit from a previous business flop. That’s when he discovered leasing properties and renting them through AirBnB. He found a property that cost him $50 a day to rent and he was able to earn $150 to $200 a day by offering it as a nightly rental to guests visiting his city.From there, his business grew to hundreds of properties and since then, he has begun teaching others the same process of renting out on AirBnB. He’s now taught thousands of people who have rented properties in all 50 states and 38 countries.This episode is perfect for our listeners looking to grow their passive income with little to no experience in real estate. Mentioned In This Episode:How to create passive income through AirBnB without owning a single property.How to outsource different tasks when managing properties: from the front desk to maintenance to cleaning up the property between guests.How to make the idea of leasing properties and renting them through AirBnB a “win-win” for both you and property owners.And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:Check out Brian’s website for details on his courses, book, and contact information: https://www.bnbformula.com/ Tune into the webinar exclusively for our listeners at http://www.wealthwithoutwallstreet.com/bnbSchedule a Call with Us

#114: What This Episode Is About:On this week's episode of The Wealth Without Wall Street Podcast, Joey and Russ sit down to discuss R. Nelson Nash's book, Becoming Your Own Banker, and how its serves as a critical piece in understanding the foundation of The Infinite Banking Concept.They explain Infinite Banking by looking at the story of two sisters buying cars and how, despite using their money in almost identical ways, one sister is able to grow her wealth over $700k more than her sister’s account.Russ and Joey begin to break down how each life insurance policy works like its own business. Similar to starting a business it takes a few years before the the profits/cash values equal the annual outlay. However, these future results are tremendous only if you treat that company properly and use your money proactively. Joey and Russ complete this discussion by sharing a few examples on ways to maximize the idea of making your money work for you.This is an incredible episode for anyone looking to understand the basics of IBC and why so many people swear by it as a method of long term passive income and financial freedom.Mentioned In This Episode:How small differences in managing money can result in tremendous growth over others.How life insurance properties work with IBC and how they can essentially function as their own business.What the best methods are for managing your money effectively to maximize your cash flows.And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:Check out the book mentioned in this episode, Becoming Your Own Banker, on Amazon: https://www.amazon.com/Becoming-Your-Own-Banker-Infinite/dp/B001NZO1DS Infinite Banking Concept explained by a CFP: https://youtu.be/sVuexMv6Kf4A Video Example of Infinite Banking from Becoming Your Own Banker: https://youtu.be/4C0BgL-IxOwA Table from Page 45 of the book, show each sisters' investments: https://drive.google.com/file/d/1aZasbMQa7OyMBINgKeaIsRHdnJi58mez/view?usp=sharingSchedule a Call with Us

#113: What This Episode Is AboutA lot of times the path to financial freedom isn’t straightforward or without failure. So what do we do when we run into those barriers? How can we overcome challenges in our lives and build successful businesses and investments?Mitch Stephen joins us this week to share his experiences from his latest book which he titled “MY LIFE & 1,000 HOUSES: Failing Forward to Financial Freedom.” Mitch has been a self-employed RE investor for over 20 years and he began learning real estate at only 23 after reading Robert Allen’s book “Nothing Down”. He has been buying and selling a home or property every 4 days for over 10 years. He explains how he perfected a method of achieving cash-flow without having to be a landlord and creating a business where others do the majority of the work for you, rather than having to invest all of your time managing every detail. Mitch discusses the importance of working through ups and downs along our path to financial success. He also explains that financial freedom is only the first step in a line of creating successful businesses and, while money is a phenomenal thing to have when you get started, it isn’t the only end goal we should be pursuing.This episode is a must for anyone experiencing failure or challenges on their path to financial freedom!Mentioned In This Episode:How to find the right people to help you build a successful firm in real estate without having to be a full time landlord.How failures often teach us vital lessons on how to improve and why Mitch’s own failures led to his success today.How to find what works best for you when investing in RE and understanding that there is no one size fits all approach when it comes to starting a firm.And much more! 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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:Learn more about Mitch Stephen’s business, books, podcasts and more on his website: https://1000houses.com/Schedule a Call with Us

#112: What This Episode is AboutWe've talked before on the show how profitable house flipping can be, but what if you want to try flipping properties remotely in states that you don't live in? Is that even something you can get into, and if so, where would you look to start?Joey and Russ sit down to talk with Steven Pesavento about building a remote real estate business where he flipped 150 houses in states he didn't even live in. He created this business in just two years! Steven now flips over 75 homes a year and works hard to explain how he achieved his success with others. In this episode, he shares several of his secrets for success, including how he keeps his real estate business full of profitable deals, how he follows up with qualified leads around the country while working from Denver, and, most importantly, the strategies he used to get good at closing deals while working for someone else!Steven also discusses the importance of good entrepreneurship and how we have to invest in ourselves in order to find the success we crave. Growth isn't something people achieve overnight and Steven shares his tips on when to push through a difficult moment in your business and when to become more frugal with your spending.This is a phenomenal episode packed with great information that you don't want to miss! So click the link below to listen now!Mentioned in this episode:How to Steven grew his real estate investments from zero deals to 150 within two years.How to push through barriers we face and what we can do to maximize our growth.How to know when it’s time to ramp up your business / team and when it's time to be more frugal.And much more!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:If you want to engage with others like yourself who are breaking free from corporate America and Wall Street, this is the place. As a part of the community you will receive exclusive access to our podcast guests for live Q & A as well as weekly coaching on our 5 Pillars of Wealth Without Wall Street.Join us on the journey to financial freedom at community.wealthwithoutwallstreet.comResources:For more information on Steven and his business, visit his website: https://stevenpesavento.com/. Also be sure to check out his podcast at  www.TheInvestorMindset.com and www.InvestorMindsetSummit.comSchedule a Call with Us