How to Invest in an eCommerce Business Without Running It with Mike Vranjkovic

Whether you're a side hustler or an investor with extra money to start a new business venture, eCommerce is a great investment opportunity. Even if you don't know anything about running an eCommerce business, it's possible to invest in it.

Making tough decisions that will change the course of your life for the better

How to invest in eCommerce businesses even if you don't know anything about it

A unique way of generating cash flow passively

Mike Vranjkovic

Mike Vranjkovic is the Managing Partner of WebStreet (formerly Empire Flippers Capital). This platform empowers investors to diversify their investments into passive and cash-flowing portfolios of online content sites, Amazon storefronts, and micro SAAS businesses (coming soon). Connect with Mike Vranjkovic: Website - https://webstreet.co/

BYOB Book Review Part 5 | Creating a Bank in Becoming Your Own Banker by Nelson Nash

Do you know how banks make money? It is by lending money to borrowers at high-interest rates. So why not create your own bank? If you have extra money, would you rather put it in another bank or create your own bank? If you're going to buy a car or a property, would you borrow from someone else's bank and pay them the interest or borrow from your own bank and earn that interest? If you want to know how to establish your own bank, today's episode will give you some clarity.

How banks make money

How to become your own bank

The importance of investing in yourself

R. Nelson Nash

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook

3 Reasons Why Multifamily Will Fail in The Next 5 Years with Robert Pereira

Real estate has been a good investment for investors who wish to grow their capital and create wealth. One of the beautiful things about real estate investing is that there's more than one strategy that can be successfully used. When it comes to residential real estate, there are two main types of properties that one can invest in–single-family and multifamily.

Why it's important to learn from subject matter experts

3 Reasons why multifamily will fail in the next five years

3 Ways to invest in multifamily properties

Robert Pereira

Robert Pereira is the Managing Partner of ARC Multifamily Group, which owns and operates multifamily properties in the Southeast. He has overseen the acquisition and development of over 250 residential projects since 2008. In addition, Robert has raised over $25,000,000 of private capital from his network and managed over $120,000,000 of construction loans for these projects. Robert and his family reside in Newport Beach, California. Connect with Robert Pereira: Website - https://arcmf.com/ Email - robert@arcmf.com

BYOB Book Review Part 4 | The Problem in Becoming Your Own Banker by Nelson Nash

Do you realize what the problem is with the current banking situation? Chapter 4 of the book Becoming Your Own Banker illustrates this problem using the example of a 29-year-old man making $28,500 yearly after taxes and what he does with the after-tax income. Nelson also compares the situation to flying a plane. Tune in to fully appreciate the analogy and discover the most profitable thing you can do.

How to analyze your financial situation and create solutions

Creating and expanding your financial system

Learning to control your financial environment is the most profitable thing you can do

R. Nelson Nash

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook

The 3 Lessons I Learned from Billionaires with Ben Fraser

There are many things you can learn from billionaires. Today, you will discover three of those lessons. The world's ultra-rich come from diverse backgrounds, many of whom have started with little or no money at all. So how did they become super wealthy? What do these billionaires do differently? The critical insight here is that these billionaires knew where and how to invest, which Russ, Joey, and their guest, Ben Fraser, discuss in this episode.

Business owners and billionaires are one of a kind.

Billionaires love buying real assets, specifically real estate.

Billionaires invest in alternative investments.

Ben Fraser

Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions. Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing. Connect with Ben Fraser: Website - https://aspenfunds.us/ Podcast - https://www.thebillionairepodcast.com/

BYOB Book Review Part 3 | Why Should I Pay Interest to Borrow My Own Money?

Imagine you're married and own a grocery store. Where would your spouse and children shop–your store or somebody else's? Your store, of course! But which door would they choose to come out? Would they go out the back door, avoiding the cashier, or would they go out the front door and pay for the groceries like the rest of your customers? Your answer in this hypothetical scenario is critical to what happens to your business.

Think long-range.

Don't be afraid to capitalize.

When you use the money, don't steal it. Put the money back.

R. Nelson Nash

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook

How Deals Are Made in Self Storage With Scott Meyers

With any investment, there will always be some risk. But some investments are safer than others. Take the self-storage facility, for example. You may not have considered it as a potential investment opportunity, but self-storage is actually a wise and safe investment.

Why investing in self-storage facilities is an excellent way to become financially free

Factors to consider when deciding to purchase a property to be used as a self-storage facility

What qualities to look for when hiring an operator or a manager for your facility

Scott Meyers

Scott Meyers is the founder and CEO of SelfStorageInvesting.com (Self-Storage Profits, Inc.), a leading self-storage education company that offers courses, live events, and mentoring/coaching. He has acquired, sold, developed, and converted over 40 facilities totaling over 25,000 units and over 4 million square feet of storage. Scott is also a Forbes Real Estate Council Member, speaker for ISS (Inside Self Storage), the SSA (National Self Storage Association), and the host of The Self Storage Podcast. Connect with Scott Meyers: Website - https://selfstorageinvesting.com/

BYOB Book Review Part 2 | The Role of Imagination in Becoming Your Own Banker by Nelson Nash

When you think of the most successful people you know, how many of them lack imagination? Probably none. It's because creativity is vital to success. If your job is to make money work so it creates cash flow to sustain the life you want for you and your family, how many ideas can you come up with? The problem with most people is that they spend their days on autopilot. They have stopped dreaming and envisioning the future they want. It's time to rekindle your creativity. Imagine living the life you've always wanted and create a plan to get there.

Imagination is an integral part of success

How to think about your thinking

Why some people have stopped imagining a better life

R. Nelson Nash

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook

Our Passive Income Report - April 2023

With talks of inflation and concerns over the banking sector, many people are on the lookout for any edge they can get to ease their financial burdens. In times like these, isn't it nice to have passive income streams and steady cash flow? In today's episode, Russ and Joey discuss their Passive Income Report for April 2023. Along with showing the numbers, they walk through the different investment opportunities they have ventured into to give you insights on where you can get the most return from your investments. If you're looking for ways to create passive income streams, this episode will give you some ideas on what's working in the current economy. April 2023 Income At-A-Glance: Gross Income for April: $148,241.85 Total Expenses for April:$113,517.69 Total Net Profit for April: $45,724.16 Difference b/t March & April: ($5,969.46) % of net profit to overall gross revenue: 31%

Round Table | 3 Reflections From Investment Failures

How do you decide where to invest your money? Do you perform due diligence? When making investment decisions, it is important to take responsibility and not just surrender the decision-making process to someone else. As much as possible, you should put your money in a vehicle you have personally vetted or risk losing millions in a bad deal.

Trust but verify.

Liars figure, and figures lie.

It's very important to know the operator when entering into investment syndications.

How Ken McElroy Built It

Building wealth isn’t simply about putting money in the right place at the right time. Instead, it’s about understanding that determination, self-motivation, and the right mindset are the real keys to thriving. That's something that Ken McElroy learned from his years of building his real estate empire. Ken is the real estate advisor to Robert Kiyosaki of The Rich Dad Company. Today, Ken joins Russ and Joey to share more insights into real estate investing. This episode is a must-listen if you want to learn how to succeed in real estate or if you're looking for a way to build your wealth and achieve financial freedom.

Your mindset matters

You have to grow at every level

Your network matters

Ken McElroy

Ken McElroy is the only person who can claim the pride of being called the real estate advisor to Robert Kiyosaki. Ken has experienced great success in real estate for over two decades through investment analysis, acquisitions, property management, and property development. He believes in sharing these successes and his setbacks to help educate and inspire investors to bridge the gap between where they are and where they want to be. Connect with Ken McElroy: Website - https://kenmcelroy.com/ Meet Ken McElroy at The Financial Freedom Expo 2023: https://LimitlessExpo.com/ June 15-17, 2023 Promo Code to get 50%: MC50

BYOB Book Review Part 1 | The Disciplines Required for Becoming Your Own Banker by Nelson Nash

If there's one book you can read to help improve your financial acumen, it's Becoming Your Own Banker (BYOB) by R. Nelson Nash. This book is not about investments of any kind. Instead, it's about how one finances the things in life. It's about making your money work for you. One famous quote by R. Nelson Nash is, “The very first principle that must be understood is that you finance everything you buy–you either pay interest to someone else or you give up the interest you could have earned otherwise.” Many people have asked Russ and Joey to bring back the BYOB series, so here it is. You get to hear them discuss R. Nelson Nash’s legendary book and its powerful concepts every week.

Why you must understand how banks run their business

The power of cash flow and how it can help you become your own banker

The value of investing in yourself and working with a mentor

R. Nelson Nash

R. Nelson Nash (1931 - 2019) wrote the book Becoming Your Own Banker that unfolded The Infinite Banking Concept (IBC). He came up with the idea of IBC in the early 1980s when he was struggling with high-interest rates on commercial bank loans. Today, many people continue to benefit from using IBC as a tool to achieve financial freedom. Becoming Your Own Banker by R. Nelson Nash: https://www.wealthwithoutwallstreet.com/ibcbook

How to Build a Mid-Term Rental Empire with Sarah Weaver

When investing in real estate and renting out properties, landlords either go the long-term rental route or pursue a short-term rental strategy. But have you ever thought about mid-term housing? Mid-term rentals (MTR), or medium-term rentals, are perfect for people who want to live in an area for a while but want a shorter lease than the typical year-long lease. So there's a massive potential for this type of investment. Join Russ and Joey as they chat with The Mid-Term Rental Queen, Sarah Weaver, about the possibilities of MTRs becoming your next wealth-building strategy.

The importance of identifying yourself as an investor instead of an employee (or whatever your job title may be)

You don't have to buy a bunch of properties all at once to start your financial freedom journey

It's possible to enjoy traveling on a budget

Sarah Weaver

Sarah Weaver is a real estate investor who has mastered the ins and outs of mid-term rentals. In addition, she is an avid traveler, speaker, entrepreneur, and writer. Sarah is the co-author of 30-Day Stay: A Real Estate Investor’s Guide to Mastering the Medium-Term Rental. As part of her mission, Sarah helps real estate investors and agents generate wealth through real estate investing. She also hosts memorable events specially curated for investors.

Round Table | How Does Wealth Without Wall Street Help Me Become Financially Free?

How do you know if a financial coach has the skills and abilities to help you become financially free? How can you tell a true expert from a phony? Without proper regulation in the coaching industry, anyone can call themselves a money coach and give financial advice. But to find the right one, you would naturally have to see if the person claiming to be a money coach is financially free.

What are the problems that Wealth Without Wall Street helps you overcome?

How do they help people become financially free faster?

What is it that Wealth Without Wall Street believes as a team?

Stop Leaving Money on The Table with Tommy Thornburgh

Can you think of anyone who wants to pay more taxes? So how do you minimize your tax liability? Understanding the tax credits and deductions you're eligible for, and calculating them correctly, can mean the difference between paying more taxes and receiving a generous refund. That's just one of the many strategies to make sure you're not leaving money on the table. Join Russ and Joey as they sit down with Tommy Thornburgh, President at Prime Corporate Services. This company offers the resources and support that allow entrepreneurs, investors, traders, and small business owners to thrive.

Why everyone should have a side hustle

Three things you're trying to accomplish when you structure your business

Why it's better to work with a full-service company like Prime Corporate Services instead of going to individual consultants

Tommy Thornburgh

Tommy Thornburgh is the President of Prime Corporate Services. He is the brain and the face behind the company’s webinars, presentations, and events. Under Tommy’s leadership, PCS has helped over 100,000 entrepreneurs structure their businesses properly. Connect with Tommy Thornburgh: Website - https://www.primecorporateservices.com/

Round Table | How Can I Get My Cash Out of a Qualified Retirement Plan?

What does your retirement plan look like? Are you like most people who believe that the best strategy is to work, save and then retire? Do you put your money in qualified retirement plans? If so, it's time you discover creative options to build wealth instead of just waiting for your retirement plan to mature.

Why a qualified plan is the worst place to invest in

What does it look like to liquidate my plans?

Creative ways to get your money out of qualified plans

How to Build Passive Income Through Information Courses, Affiliates, and Much More

You’ve probably heard the adage, “Make money while you sleep.” That’s precisely what many people have been trying to learn, and this podcast shares different passive income ideas that you can explore. In today's episode, Russ and Joey discuss their Passive Income Report for March 2023. Aside from getting the behind-the-scenes of each opportunity they've invested in through the years, you will discover how to build passive income through information courses, affiliate marketing, and much more. You will also get the chance to learn the secret to investing in syndications. So if you're trying to decide which passive income opportunity to pursue, you have many options. But first, you have to know your Investor DNA. Find out how you can get access to that information today. March 2023 Income At-A-Glance: Gross Income for March: $157,290.05 Total Expenses for March:$105,596.43 Total Net Profit for March: $51,693.62 Difference b/t February & March: ($9,690.95) % of net profit to overall gross revenue: 33%

Round Table | Breaking Down E-Commerce as a Passive Income Option

Online markets are booming with opportunities, and there are billions of dollars to be made in e-commerce. But how much capital do you need to set up an e-commerce business? Where do you find products to sell? How much time do you need to dedicate to running this business? If you want to make real money selling products online and make it your path to financial freedom, you can learn a lot from today's conversation.

What do I need to know to get into this business?

What does it take to run and operate this business?

What do I need to do to make a profit?

How to Level Up Through Group Investing with Travis Smith

What if you want to invest in a huge deal but need more money? No need to worry! All you have to do is find friends and family members willing to invest with you. This process is made more accessible and streamlined using a platform called Tribevest. In today's episode, Russ and Joey interview Travis Smith for the second time. Travis is the founder and CEO of Tribevest, a collaborative group investment platform that enables friends and family to organize as an investor group, pool money, and manage joint investments.

How Tribevest works and why you would want to get involved in it

How to set up your tribe

What an active tribe member looks like

Travis Smith

Travis Smith established Tribevest in 2018 with a mission to close the wealth gap in the United States. When Travis and his brothers decided to pool their money and invest together, they found the process very difficult. Wanting to find a better way, Travis started the company as the first collaborative group investing platform that enables friends and family to easily organize a group or tribe, pool money, and participate in joint investments. Connect with Travis Smith: Website - https://www.tribevest.com/partners/wwws

Round Table | Breaking Down Crypto as a Passive Income Option

Is investing in crypto your path to financial freedom? As a result of the surge in the popularity of cryptocurrencies, more and more people are putting their money into cryptos. But it takes more than doing what others say or do without fully understanding what's at stake. So do you really know how this asset class works? Do you understand the risks? If you want to get more information, you're in luck because today's conversation is about breaking down crypto as a passive income option.

How does blockchain technology improve our lives?

How can we make money in this space?

How do we manage risk and avoid losing money?