Real Money Talks

Are there tasks you repeatedly do every week? How about every day? Do you know that you can save time and make more money if you automate some of your responsibilities? Are you aware that making money is correlated to having a database? Today’s guest is businessman, Thomas Blackwell of Infusionsoft, who identifies some critical points on why having a database, together with automation, rules in today’s business world. Thomas talks about the significance of automating the things you often do in your business. He emphasizes the importance of having integrity in the business by doing what you say and saying what you do. A classic example of this is when you say you would follow up with people. Thomas points out that having a database and automating some of the necessary tasks can help you achieve this goal and make you a person of integrity.     “It’s a wonderful thing to see that there’s a possibility that businesses can automate the little things so they can be present for the big things.” – Thomas Blackwell  

If you are an investor, especially if you’re a first-time investor, you probably have looked into your options. One of the choices you may have considered is being a shareholder of a company. Owning some shares of a company is also known as equity. Before jumping into any decision, it is best to know the pros and cons of your choices. Don't just go with the flow because most people want equity. Is equity the best possible course of action for you?   In today’s episode, I talk about the difference between equity and debt. I also discuss why I love being the “bank.” I also discuss why being in the lender position puts you in a more advantageous position than owning a share of the company. Being the bank is the smart and conservative way to invest. It’s not difficult to protect your assets. Let me show you how.     Debt trumps equity all the time.     In This Episode of Real Money Talks:  Defining equity Explaining convertible notes Benefits of being in the debt position     Subscribe, Rate & Share Real Mo

If you are an entrepreneur, having a business card serves many things. It gives others an idea about what you do and allows prospective clients to reach you. It also implies you are serious about what you do and that you mean business. While people still use calling cards today, the innovations in technology have created a new way of being known and making business – through apps.   Today's topic is very timely since I just launched my "Ask Loral" app. In today’s episode, my guest Kerstin Morris who is an app expert talks about why your business ought to have an app. She explains how apps function like calling cards and more since you can generate money with your apps. She also reveals the price range of creating apps that will suit your needs. Worry no more about app maintenance since Kerstin and her team will also do it for you.     Apps are like today’s calling cards.     In This Episode of Real Money Talks:  Reasons to create and have apps How easy it is for business owners to get an app How you can mone

Stagnation is the opposite of growth. With people depending on you, you cannot afford to stop growing and wait for others to tell you what to do with your life, what to do with your money, and how to carry on. Only you can make the decision to continue growing, keep on investing, and change your family’s financial legacy. Only you can make the decision to keep motivated   In today’s episode, I talk about the details of my workshop “Get Motivated.” I know that, at some point, you would need encouragement and support to reassure you that you are heading towards the right path. If this is you, learn more about what’s in store for you in my Get Motivated workshop where you are sure to learn life-changing lessons that will make you change the way you view money for good.     If your life isn’t working with money or even if it’s just okay or you’ve gotten comfortable, it’s time to go to the next level.       In This Episode of Real Money Talks:  Things to expect in the Get Motivated Workshop Introduction to differ

Imagine you have been working all your life and finally realized that you have the means and the ideas to be a great entrepreneur. Now that your business is thriving, what’s next for you? Great entrepreneurs don’t just look at the present; they look forward, think ahead, and anticipate the inevitable – retirement. While planning for your business is great, have you ever thought of what’s in store for you after all the work is done?   In today’s episode, Danny Blue of iSelf Direct expresses the number one problem of America - the lack of awareness of the perks and advantages of having retirement plans and being a business owner. Danny talks about what a Solo 401K is, points out the awesome advantages of having one, including the outstanding amount that you can take home every year, tax-free.     A solo 401K is bulletproof in creditors, lawsuits, and bankruptcy.       In This Episode of Real Money Talks:  Defining Solo 401K Reasons why entrepreneurs need a Solo 401K Benefits of Solo 401K Amount that entreprene

Many people want to make money, keep it, and gain even more of it by investing what they have. Countless entrepreneurs fail in the last two areas because they do not understand money. For this reason, keeping yourself well informed and educated by attending seminars and workshops is a must if you desire to succeed in all three areas of making, keeping, and investing your funds.   In today’s episode, I talk about the 3-day workshop held in Salt Lake called Off Wall Street Wealth, tax strategies, Registered Investment Advisor or RIAs, and entities, and other parts of the workshop including investment classes, money rules, and conversations about how to properly keep your money.     Every place in your life is impacted by money.       In This Episode of Real Money Talks:  The matrix that developed my 3- to 5-year millionaire plan Conversations in your life where money play a big part Understanding money Schedule dates and time of the 3-day workshop     Subscribe, Rate & Share Real Money Talks!         Lora

If you have a passion that you want to convert into something profitable, the best way to go is to start your company. You start creating business plans, establish company goals, and look for prospective people who would be willing to invest in your business venture. More often than not, the most common reason for the delay in company launches is due to lack of funding. This logic also applies to the stagnant growth of the more established businesses.   In today’s episode, I talk about the simple and quick way to get business funding. I also point out the mentality that most entrepreneurs have regarding acquiring money. This thinking has become one of the pitfalls of many. I'll also explain a proven and tested approach you should use when opening a credit line with a bank so you can have the funding you need.     Stay firm. You need it.       In This Episode of Real Money Talks:  Biggest mistake entrepreneurs make Easiest and fastest way to get money Credit card debt versus having available growth for your c

Are you thinking of the best way to optimize your social media exposure? Are you tired of paying advertisers who were supposed to boost your view count but fail to do so? The trial-and-error stage is over! Today’s guest is an exceptional teenager who made almost $4,000 on a 3-day show in Salt Lake as he talked about how to win social media. Nathan has created a successful program that drastically improves and increases both the number of views and follows and was coined the “King of Instagram.”   In today’s episode, Nathan talks about the best online agent where you can market and advertise your products and services. As he shows the results that his program makes, Nathan emphasizes why Instagram is the most useful way to promote, provide exposure, and win social media despite the many various options available.     “If you have 10,000 followers, you no longer have to pay advertisers to advertise for you. You can just advertise to people who are already interested.” - Nathan       In This Episode of Real Mone

Power is something that everyone wants to have in life without realizing that they already have it. Different people express power in various ways. Some people either mask or hide behind it, while others are not aware of it. Whichever group you belong in, if you want to know how to use your power or enhance the way you express it, the Expression of Your Power program is right for you.   In today’s episode, I talk about the 12 steps from the Expression of Your Power program. This curriculum is a result of my collaboration with my coach, Bob Proctor, way back 2002.  It gives you the ability to change your mindset so you can get the results you have always wanted. Doing each step is essential because each one is a stepping-stone to the next. If you are diligent, 21 days is all it takes to learn all about this highly regarded program.     Knowing what your story is and realizing that that’s not what you want anymore is our transitional, pivotal point right there.       In This Episode of Real Money Talks:  Defin

Today’s guest is a serial entrepreneur who has worked with 85 to 100 people and 43 businesses to date. Shawn Shewchuk is motivated and passionate about what he does, which is to help people understand what freedom is and how they can avoid getting stuck in their business and eventually achieve business growth and freedom.   In today’s episode, Shawn talks about the importance of the three important concepts in the success of any business – download, delegate, and automate. He explains the importance of downloading what people need to stay in business, delegating responsibilities to the right people, and automating tasks to accomplish more in less time. We discuss the power of having the right tools for doing and completing the work and how knowing what entrepreneurs want for their business help them move towards the direction of their goal.     One of the keys to be successful in business: when times are good, put your money away.” – Shawn Shewchuk       In This Episode of Real Money Talks:  Defining “downlo

Millennials, people who belong to the age group 16 to 34, tend to have more than one job and are known for having multiple contracts. They are less committed to rents and are known to have a liking for working in a shared space. The concept of working within a shared space is not a new idea, but rather made famous by this group of people.    In today’s episode, I talk about the benefits of getting out of your home and doing your work at a shared working space - more popularly known as co-working spaces. I also share some of the plans I have as I convert my conference facility into a co-working space. If you are a real estate investor, I also share some points to consider if you desire to repurpose your property and convert it into coworking spaces.       For me, [a coworking space] is a moneymaker. It’s a community-maker. It’s a team-maker.         In This Episode of Real Money Talks:   Reasons why coworking spaces appeal to Millennials   Advantages and disadvantages of sharing working s

 If you want to make more and do more with your money, equipping yourself with the right tools is necessary. More than this, making, keeping, and investing money can be made possible if you have both the right attitude - the “Yes!” attitude. The equation to “do less” is part of seeing results – to do less of the things you are not good at and divert your energy to the things you excel in.    In today’s episode, I discuss each element in the Yes! Energy Equation from the book I wrote entitled Yes! Energy: The Equation to Do Less, Make More. It is a New York Times Bestseller, an Australian Bestseller, and a bestseller in 14 other categories because of the way it appeals to the general audience, not to mention its timeliness. It applies to everyone regardless of what you do and relevant in today’s competitive society.      The ultimate equation of Yes! Energy isn’t “say yes” and figure out how; it’s “say yes” and figure out who knows how.         In This Episode of Real Money Talks:   Reason

Today’s guest is a world-class expert who makes sure that all my events are profitable. Linda Kane of Blue Diamond Event Management has been my event manager for several years. She has been doing live events and has been working with coaches and entrepreneurs for 12 years.    In today’s episode, Linda and I talk about the factors that create a successful and profitable event. She shares pricing tips and guidelines as well as strategies on how you can lessen the overall expense of your event while increasing it's revenue.       “Know your back end – what do you want to make in the event, how are you going to get there and reverse engineer it.” – Linda Kane         In This Episode of Real Money Talks:   How to get a profitable venue  Buying versus renting audio visual equipment  How to effectively save on event materials  The category where the biggest expenses go  How good marketing affects your profitability  How much to charge the client  Where to start with sponsorships and how to take

Are you content with the path that your general knowledge is taking you? Do you desire a great change in your life as you intentionally look into the knowledge that you possess but have left unexplored?  Information is readily available with a few clicks on the keyboard, but with this accessibility also comes the issue of data integrity and reliability. Nothing beats an accustomed companion like books, especially concerning dependability and timelessness. At present - regarding marketing, competence, and authority - creating a book is the new calling card as it requires having specialized and specific knowledge about a certain topic or area.   In today’s episode, I talk about the difference between general knowledge and specialized knowledge based on my experience and the book Think and Grow Rich, a reading that has been my constant companion offering me motivation and inspiration since I was 17. I also discuss how you can turn your general knowledge into something distinctive that can make you a game changer

Are you tired of doing the same work over and over again without the possibility of professional growth and progress? Do you have ideas that can potentially impact and eventually change the sector you are in? Have you been contemplating on stepping out of your comfort zone to be a game changer, but doesn’t seem to know how?   While there are things that are best done the traditional way, the modernization brought about by advancements in technology has presented alternatives, not only in doing business, but also in the progress you can make in the game you are in. These options are fast becoming the trend and direction that takes you to efficiency and success in this digital age.   In today’s episode, I discuss one of the chapters in the book I co-authored with Kevin Harrington entitled Get in the Game. This chapter talks about the steps you can take to become a disruptor or a game changer regardless of the business field you are in. There are four phases that will help you achieve your end goal, and today, I

If you are in the real estate business, it is crucial that you understand the buying patterns of the different generations. To do this, you need to know the distinct characteristics, attitude, and mentality of each generation to cater to their needs successfully. With millennials having a lot of buying power in this age, deciphering their viewpoint will help in your investment ventures. Today’s guest is my partner, Jesse Brewer. He began investing in rentals when he was only 22. He had bought turnkey rentals even before it became a trend in this field. He has been in the property business for a while now and is very fascinated with millennials. On today’s episode, Jesse and I discuss what differentiates the Millennials from the previous generations. Jesse recognizes that several years from now, 3 out of 4 workers will belong to this generation. Because of this, it is important to know and understand their spending habits, mindset, outlook, and especially the reasons why they do not usually buy and invest in r

Do you want to know how you can take your startup company to the next level? Or maybe you’re wondering why your long-running business has stagnated? Do you think your current human resources are enough to resolve your present business predicaments? How does a strategist contribute in the growth of your company? Today’s guest is the person major corporations call when they have a problem. Sean Roach does corporate strategy and is a small business advocate. He is a highly functioning dyslexic and a non-sequential thinker. Aside from these, he believes that part of his gift is to see problems, which makes him an excellent strategist. He is also a big advocate for hiring vets because of the skills they learned in the field. Sean and I talk about the reasons why you need a master coach or strategist to guide you in your business. He shares how a strategist works, elaborates his responsibilities, and explains how he helps companies see what most people don’t see. He believes that there is an amazingly good situatio

Do you want to reach more people to promote your services, but don’t seem to know where to start? Do you want to be referred to as an expert in what you do? How do you stand out in the midst of the competition? Today’s guest is an expert at taking the lead in marketing your brand. Sean Roach does corporate strategy for some leading corporations like Apple, Google, and Amazon. He also works with small businesses and solopreneurs since he understands the significance of great marketing, especially when starting a business. On today’s episode, Sean gives some practical tips on how you can position yourself as an expert in what you do. He mentions some dos and don’ts you can quickly follow to promote yourself and your services successfully.  Sean also emphasizes how being specific about your market or niche will drastically change the positioning for you.     “The key thing is you got to position yourself as an expert in whatever you’re doing.” – Sean Roach      In This Episode of Real Money Talks:  How to becom

Today’s guest is lawyer and legal coach from Seattle, Washington, Heather Pearce Campbell. Heather is also the founder of an online company called Legal Website Warrior. Aside from her legal practice, she is also part of a restaurant business in Pendleton, Oregon. It is an extension of her father’s western store called Hamley’s, the oldest saddle-making company in America With the many stories of joint ventures gone wrong, it is best to know how to draft a business contract that would deal with the possibility of business partners parting ways in the long run. On today’s episode, Heather shares some practical steps that help make this separation easier, simpler, and smoother for both parties. She explains the rationale behind each step and gives advice on the best possible ways to deal with a business divorce.    “The first thing, and absolutely the most important, is to make sure that the contract you’re using is reflective of the arrangement that you’re putting in place.” – Heather Pearce Campbell     In Th

Since the invention of the Internet, a lot of people have taken advantage of the accessibility and convenience that this innovation brings. Because of this, more people chose to conduct their business online, but with this new method of trade also comes some challenges that concern not only the safety and security of the consumers, but also of the online business.  Today’s guest is a lawyer and legal coach based in Seattle, Washington. Heather Pearce Campbell offers legal information and services in Washington and provides legal coaching for small businesses and entrepreneurs around the country. On today’s episode, Heather shares the risks that online businesses are in and the means to protect the company. Since more than half of all businesses had to deal with data breach in 2016 alone, the legal rules involving cyber security has also evolved quickly. It is important to be aware of the ways that online businesses can protect themselves from fraudulent transactions and hacking.   “Cyber security insurance po