Wealth Without Wall Street Through The Eyes of a CEO with Sharran Srivatsaa

As you pursue financial freedom and participate in different wealth-creation opportunities, you come across many crucial discoveries. But one important thing to remember is that every financial goal needs a financial plan. And to help you craft and implement your financial plan, you need a Money Coach. In today's episode, you will hear from Sharran Srivatsaa, who shares the ten lessons he learned from his Money Coaches (no other than Russ and Joey).

You cannot outperform how you feel.

Every money goal needs a money plan.

Most investors have big goals with a small system.

Sharran Srivatsaa

Sharran Srivatsaa is a 4x Inc. 500 Entrepreneur with five exits in the last 19 years. He grew Teles Properties by 10x in 5 years to $3.4 Billion in sales and eventually sold the business to Douglas Elliman. Sharran is a former Goldman Sachs and Credit Suisse banker, a sought-after keynote speaker, and an angel investor. In addition to mentoring CEOs in his ultra-exclusive program, Sharran also hosts the top-rated podcast “Business School” and is the creator of the wildly-popular 5am Club call for entrepreneurs. Connect with Sharran Srivatsaa: Website - https://sharran.com/ Business School Podcast with Sharran Srivatsaa: https://sharran.com/podcast/

Round Table | Why You Shouldn't Set Up a Passive Income Operating System

Imagine your life if you didn't have a system or framework to do everything. It would be chaotic and frustrating! If you want to avoid simplicity or efficiency in doing things, especially in managing your finances, you should definitely not set up a passive income operating system. Plain and simple. But what if there's a better alternative to not having a system? Wouldn't you want to know about it?

How simple is it to use the passive income operating system?

How efficient would you be if you set up a passive income operating system?

Why should someone not set up a passive income operating system?

How to See Where People Are Investing with Litan Yahav

How do you keep your financial records organized and easily accessible? Do you want to see where other people are investing? If you want to build a strong investment portfolio, what you need is an all-in-one wealth management solution to maximize your profits and simplify your financial life. In today's episode, Russ and Joey interview Litan Yahav, Co-Founder & CEO at Vyzer, a secure, automated, online wealth management solution that helps investors track, monitor and gain insights into where their money is going and how to maximize its potential.

What you track and report on grows exponentially

How to simplify your financial life using a simple tool

Why you must have a mechanism for tracking your investments

Litan Yahav

Litan Yahav is the Co-Founder & CEO at Vyzer, a secure, automated, online investment portfolio tracking and wealth management solution. Litan also co-founded Segoma, a revolutionary diamond display technology he and his co-founder eventually sold. Connect with Litan Yahav: Website - https://vyzer.co/

Round Table | Breaking Down Investing in Syndications as a Passive Income Option

As you search for passive income opportunities that fit your lifestyle and personality, why not consider investing in syndications? One huge benefit of syndications is the ability to leverage other investors' resources and capital to get involved in bigger deals. It also offers additional benefits such as substantial tax benefits and a steady cash flow. If you have questions about investing in syndications, today's roundtable breaks it down for you.

How do syndications work?

Is it fit for you?

How fast can you go?

Banks Failing? What Should I do Now?

Just recently, we witnessed a US bank's biggest failure as the tech industry's primary lender succumbed to a classic bank run. The collapse triggered market panic as bank customers frantically tried to recover their money. Within the same week, a few more major banks ran into trouble. With banks failing, people are asking, "Is my money safe?" In today's episode, Russ and Joey talk about recent events and share their insights on the places where you can put your money instead of keeping it in the bank. They also discuss their Passive Income Report for February 2023, and the numbers look great. If you're wondering what to do when banks fail, this episode is for you. February 2023 Income At-A-Glance: Gross Income for February: $132,273.45 Total Expenses for February:$71,088.88 Total Net Profit for February: $61,384.57 Difference b/t January & February: $23,317.12 % of net profit to overall gross revenue: 46%

Round Table | Breaking Down Renting Vehicles as a Passive Income Option

If you want to start or add a passive income stream this year, why not check if a car rental business can work for you? After all, people are always traveling, and many need a vehicle while on the road. That means a car rental business has steady demand and can be very lucrative. However, you’ll have to work hard and be patient as you start this business.

What do I need to know when I get into the car rental business?

What does it take to run or operate the business?

What do I need to do to make a profit?

How to Dominate Short-Term Rentals as a Passive Investor with Sief Khafagi

Did you know that having short-term rentals in your portfolio can be a powerful wealth-building strategy? Even better, you can do it as a passive investor so you can spend more of your time with your family, hobbies, and adventures and live a wonderful life. Find out how in today's episode with Sief Khafagi, CEO and co-founder of Techvestor, which acquires and operates STRs (short-term rentals).

Criteria for selecting properties and markets

How important it is to hire exceptional people to help you grow your business

The two biggest things that will detract from your yield

Sief Khafagi

Sief Khafagi is an ex techie turned real estate investor who has helped thousands diversify into real estate after spending nearly 5 years at Facebook where he built the 2nd largest engineering organization across the world. Today, he’s the founder of Techvestor, which helps accredited real estate investors and busy professionals passively invest in the emerging asset class of short term rentals (aka Airbnbs) with a focus on higher than average cash flows and lifestyle by design. Investors can invest as little as $25,000, get all the benefits like cash flow, tax benefits and more, without doing any of the work. But this isn’t your average real estate investment company. Techvestor built it’s own proprietary sourcing technology where they can underwrite over 100,000 properties a month and acquire the best ones for their investors. They're also advised and led by folks from place like AirDNA, Realtor.com, Apple, Facebook and D R Horton. Techvestor is fresh off a $37m first year of funding from investors and is actively raising capital for it's 2nd portfolio as they become one of the leaders in institutionalizing the asset class of short term rentals. You're invited to learn more at techvestor.com.

Round Table | Breaking Down Long-Term Rentals as a Passive Income Option

Many of us can learn how the rental business works faster than any other investment. It's simple and profitable and can be your gateway to passive income if you're willing to patiently grow your wealth over the long term. As long as people need a clean and warm living environment and properties are being built, there will always be a demand for long-term rentals. But is acquiring and managing long-term rentals for you?

Acquisition Strategy

Effective Management Strategy to Maximize Cash Flow

Exit Strategy

How to Write Your Own Financial Freedom Story with John Feldman

Did you know that Russ and Joey have written a book? Thats right! A ghostwriter helped them turn their financial freedom ideas into a valuable resource for people who want to build passive income and achieve financial freedom. In today's episode, Russ and Joey interview John Feldman, the guy who helped them write their book. They talk about what it's like to learn about IBC from the point of view of a ghostwriter helping aspiring authors get their insights and ideas out into the world. John is the founder of Visionary Literary and the host of the Self-Published Success Podcast. His passion is helping others to turn their ideas into high-quality books. As a freelance ghostwriter, he has produced dozens of books and worked with business leaders, war veterans, and professional athletes.

How ghostwriting can be a fulfilling path and pave the way for you to learn valuable information that will help you on your journey to financial freedom

The benefits of using ChatGPT and other AI tools

Clarity and confidence are crucial to achieving financial freedom

John Feldman

John Feldman is the founder of Visionary Literary and the host of the Self-Published Success Podcast. His passion is helping others to turn their ideas into high-quality books. As a freelance ghostwriter, John has produced dozens of books and worked with business leaders, war veterans, and professional athletes. Connect with John Feldman: Website - https://visionaryliterary.com/ Podcast - https://podcasts.apple.com/us/podcast/self-published-success/id1625503507

Round Table | Breaking Down Short-Term Rentals as a Passive Income Option

If you've traveled to different places, you would have stayed in a short-term rental property or used Airbnb to find suitable accommodation. And you're not the only one. A growing number of people are choosing to stay in short-term rental properties instead of hotels, so if you're planning to venture into real estate, consider investing in short-term rentals (STR). After all, a short-term rental investment remains lucrative in 2023.

Tactical ways to find short-term rentals

How to acquire short-term rental properties

How to operate short-term rentals

How to Turn Active Income into Passive Income Using the Passive Income Operating System with Joey Mure and Russ Morgan

Becoming financially free does not have to be difficult. But it is! It is complicated because we constantly get distracted by many things in our busy lives. We don't know what to do, and we don't have time to figure it out. But what if someone can show you how to install a system to put your finances on autopilot? In this episode, Russ and Joey explain the Passive Income Operating System to teach people how to automate their financial system while they go on living their busy lives. If you want to learn how to do it, this episode will show you the way.

The importance of installing the Passive Income Operating System

Why you must not co-mingle your personal and business accounts

How to properly set up your financial system, so it works on autopilot

Round Table | Breaking Down Land Flipping as a Passive Income Option

Investing in raw land is one of the best ways to make money in real estate. But it is also the most overlooked opportunity. Land flipping is a pretty simple concept, and it's probably better than every other real estate business model out there. However, everything worth doing takes a lot of work to accomplish. So before you get started flipping land, you need to understand your Investor DNA and see how well your personality fits into this type of business.

The different ways to make money with land investing

Who will be the perfect fit?

Success stories of people who are into land flipping

How to Go from 60k in Debt to Financially Free in 3 Years with Josh Ferrari

How many 22-year-olds do you know get a vision for financial freedom and crush it in just three years? Today's episode is about someone who went on to pursue something completely different than what he trained for. People with stable jobs usually take the safe route of going to work every day and waiting for the paycheck that comes twice a month instead of trying something different. They make their dreams wait for the perfect time until it's too late. But Josh Ferrari took the plunge and ventured into a path he had no previous experience of, but he chose to learn and work with a mentor. Even after losing 60k, Josh pushed forward, revisiting his strategy and adjusting as he went toward his goal. Today, he has achieved financial freedom and can live a life of his design. And he's willing to show you the way.

Your mentor matters.

Never give up on your dreams.

If you get clear on what you want, building a strategy to get there will be easier than you think.

Josh Ferrari

Josh Ferrari is the founder of Ferrari Capital and the co-founder of Three Beach Capital. He was born in Omaha, NE, moved throughout the Southeast during his childhood due to being in a military family, and currently resides in Mobile, AL. Josh graduated from Tennessee College of Applied Technology with his Airframe & Powerplant License to pursue his passion of becoming an Aircraft Technician. Shortly after entering the aviation industry, Josh found his second love–Real Estate. Within four years, Josh has accumulated over $50MM AUM, 650 units, raised millions of dollars from various private investors, and at the age of 25, was able to retire from Corporate America from the passive income he had generated through real estate. Resources: Vivid Vision: A Remarkable Tool For Aligning Your Business Around a Shared Vision of the Future by Cameron Herold - https://www.amazon.com/Vivid-Vision-Remarkable-Aligning-Business/dp/161961877X Best Ever Apartment Syndication Book by Joe Fairless - https://www.amazon.com/Best-Ever-Apartment-Syndication-Book/dp/0997454326 Connect with Josh Ferrari: Website - https://ferraricapital.com/

Round Table | I'm All About that Base

Are you confident about how you set up your first insurance policy? Do you really know the components of it? You often set it up the way someone else thought was the best design for your policy, but that someone has a very limited understanding of the process. So where do you go to seek the right information? Today's conversation covers the differences between the base premium in a dividend-paying whole life insurance policy vs. the PUA (Paid-Up Additions). Also, Russ, Joey, and JD talk about the timing of how everything works together on your path to financial freedom and clear up any misconceptions that people might have about the Infinite Banking System.

What exactly are you buying?

What are the timing considerations you need to think about?

What's the endgame?

What Passive Income Ideas are Working in 2023?

With the many passive income ideas shared in this podcast, you may have difficulty deciding which would be the best for you. However, the ideas shared here are not meant to confuse you but to make sure you understand the available options. Then with tools like the Investor DNA, you can pursue opportunities most aligned with your skills and personality, giving you the best chance to succeed. In today's episode, Russ and Joey go through their different passive income streams and provide insights on each one so you can learn from their experiences. January 2023 Income At-A-Glance: Gross Income for January: $120,967.94 Total Expenses for January:$82,800.48 Total Net Profit for January: $38,167.46 Difference b/t December & January: ($3,571.54) % of net profit to overall gross revenue: 32%

Round Table | Are Insurance Companies Anti-IBC?

Are you utilizing IBC to build passive income? If so, should you be concerned about the internal memo issued by an insurance company to their salesforce condemning certain life insurance sales practices, which includes associating its products with Infinite Banking? Are Insurance Companies Anti-IBC? Certain articles and reactions mention that the insurance company will supposedly reject life insurance applications if the policy for which the proposed owner applies is “based on such a concept or strategy” as the Infinite Banking Concept. So do we know why they are shutting down IBC?

What exactly are life insurance companies against?

What are life insurance policies designed to do?

What are life insurance policies designed NOT to do?

The Pros and Cons of Private Lending as a Passive Income Stream with Liam Leonard

If you had to choose between a lucrative, high-profile job and spending time with your family, which would you choose? While many would want to be with their family, the pressure of earning money often gets in the way. But what if you've built enough nest egg? Where would you invest the money to build a passive income stream? Does the thought of lending your money for a fair rate of return appeal to you? If you're interested in trying it out, join Russ and Joey today as they chat with Liam Leonard, founder and CEO of LIONSCOVE. Before LIONSCOVE, Liam held executive positions at T-Mobile across various functions, which gave him excellent leadership training that proved useful when he decided to build a business.

Why private lending is an excellent path to creating passive income

How do you know if a deal is good?

How to protect your interest as a lender

Liam Leonard

Liam Leonard is the leader and visionary for LIONSCOVE. He established LIONSCOVE because he wanted to have a greater impact in his community and free himself from the mental model that organizations make choices for you. He wanted to create something that didn’t necessitate being on the road all the time or tied to his phone. Family comes first, and that’s precisely the culture Liam has established at LIONSCOVE.

Round Table | Which Passive Income Stream will I Fall in Love With?

Have you set your heart on a passive income stream that will get you to financial freedom? What makes you so sure about it? Unfortunately, people usually get excited about good deals without truly understanding what makes it a good investment. There are many passive income ideas that you can explore. But first, you must know which one you're compatible with and choose the one that best suits your Investor DNA. Much like falling in love, finding the right one involves compatibility and commitment. Don't get involved with too many things at the same time. If you need help finding the right opportunities, join a community of like-minded people who can help open your eyes and heart to your true path to financial freedom.

How do I find passive income streams?

What are my options?

How committed should I be?

How to Build a Passive Income Business as a Husband and Wife Team with Daniel & Danielle Wells

When you have four young kids, you would naturally do whatever you can to give them a better future. You will sometimes come up with so many ideas that you can't wait to pursue. And there's definitely nothing wrong with trying different things. But how many times can you take action in the wrong direction before you run out of luck? You just can't afford it. When you don't understand your Investor DNA, you will end up chasing different investment opportunities and get frustrated when things do not work out. So if you're interested in finding your path to financial freedom, listen as this couple–Daniel and Danielle Wells– share how they built a passive income business. They share their winning process so you can accelerate your success.

You must stop building other people's businesses and become the architect of your own future.

Whatever state you are in now, you can succeed if you put in the work.

How to teach your kids lessons about entrepreneurship and earning money

Daniel and Danielle Wells

Daniel and Danielle Wells are both Wealth Without Wall Street Community members. They quit their nine-to-five jobs to start their short-term rental business to give their young family a better life. The couple learned about the short-term rental business from the STR course offered inside the community. After finding success in their short-term rental business, they are now looking into land investing with TheLandGeek. Connect with Daniel & Danielle Inside the Community: Wealth Without Wall Street Community - https://www.wealthwithoutwallstreet.com/community

Round Table | The Infinite Banking Concept Simplified

How would you feel if you were running your own bank? If you have no idea about it but want to know how to implement it, this episode is exactly what you need. Today's conversation is about the core of the Infinite Banking Concept (IBC) and how to become your own banker, as discussed in R. Nelson Nash's book. A number of wealthy people use this concept to grow multi-generational wealth and create financial freedom for themselves and their children. So get ready to find out more about the Infinite Banking Concept.

What problems does Infinite Banking solve?

How can I implement Infinite Banking?

What are some of the big wins of people doing Infinite Banking?