The Dumbest, Most Expensive Mistake I've Ever Made

This was the dumbest mistake that I ever made. And if you're like 99% of people, then you made this mistake too. It cost me millions of dollars. It's one of those things where it's like fool me once.

And I think there's a chance that the same scenario is going to happen again. And this time I'm inviting you to join me, a group of us who are going to play it differently this time. I remember I was in college and I had a professor who was very skeptical about what was going on in the economy, which seemed weird because the stock market was up, taxes were low, real estate prices were really high. You might remember this too is back in 2006, 07, everything was booming, everyone was positive. And then something happened. On September 15, 2008, Lehman Brothers collapsed. That was 10 years ago. This week is 10 years ago that that collapse happened. And we all saw what happened afterwards. The entire economy went with it. Jobs went kerplunk. I mean the economy shrunk, savings evaporated, and most of the world was affected by this. Now I don't know what's going to happen in the economy, but I do know this. If we could go back 10 years, if all I had done was take the profits that I was earning from my business and I had put it into something as simple as a capital warehouse, which is a super simple insurance policy. If I had only done that, I'd be up 3 or 4x on that investment. It would be tax free and I would have this pool of money to that I could have available to buy other assets now or at the next collapse. If all I had done was take the money that I was making and put it into dividend paying stock, which is one of my favorite passive income strategies. I would have tens of thousands of dollars in passive income coming in and it would be tax efficient because dividends are taxed at a lower rate. If all I had done was put it into something called a captive insurance plan, which is basically a way of protecting capital from being taxed and you can use that to buy other assets. It would be worth millions of dollars. If all I had done was take that money and put it into buying cash flowing websites, I would have hundreds of thousands of dollars worth of passive income and it basically would have eliminated my tax bill. But what did I do? I bought a restaurant.

I thought that was a good decision to make back then. That same capital that I would have, could have put into any number of things, could be worth millions of dollars, could have saved Me on taxes could have generated passive income. And that's the opportunity that you and I both had. Back then, things were really good. We were profiting. If we had done an ounce of planning, an ounce of preparation, you and I both could have been in a very different position. Now I have no idea what's going to happen next. Not a clue. I've stopped making predictions a long time ago. But what I do know is the good decisions about deferring taxes or deleting taxes or investing for passive income, the same things that are good decisions now are really good decisions in the event that an economy changes. If you have an online business that's profitable, if you're an investor and you've done well at all over the last couple years, now is the time to be thinking about changing the strategy to prepare in the event of a change, while also focusing on saving as much on your taxes as possible, generating passive income, and investing for upside wealth. Over the last 10 years, I have been networking with advisors who have helped me ensure that I won't get fooled a second time. And I have always wanted to invite those advisors to come in and teach other capitalists and entrepreneurs about how to generate more cash in their business, invest it for passive income and wealth, and to pay as few taxes as possible. We're putting together a bit of an experiment. We're calling it the 1%. And this is where we're bringing in a group of advisors to lead lessons on these different areas that most people do not have access to in terms of investing, in terms of cash flow, in terms of tax loopholes that are available, they're legal, they're ethical, and they delete tax bills. So I decided to put together this group as an experiment. Now, I've always wanted to talk about this publicly, but I never have, except for one time. I recently did a class of a little over a dozen people and. And I charged $5,000 for this class. And this class was all about generating more money in your business. For example, we go through the email templates that I use to promote anything, any physical product, any digital product, any event, and it's made me millions of dollars and it's made the businesses that I advise millions of dollars. That's included as part of this training. It includes the investment strategies that I use. For example, do you know that that there is a way for you to quickly and easily rent the stocks that you own, even if you're not a stock trainer, even if you know very little about investing, There are ways to rent your investments so that they produce passive income, even if they're just sitting on the sidelines somewhere, even if you're starting off with a little tiny nest egg. There are ways to get that to generate passive income. We talk about that in this class. Did you know that there are strategies to park cash to where it's no longer classified as income so you don't have to pay tax on it, and it can sit there and grow tax free. And all you need is to know somebody who can set up that structure for you. I've brought in those types of advisors who can talk about these types of topics. My goal is for every insight to be potentially worth $100,000 to those who go through it over the next couple of years. And we're going to be bringing in these experts as part of this training. Inside of the 1%. Now, I taught this as a structured class, charged $5,000 for it recently. And what we've decided to do is to ethically bribe those of you who are willing to test drive this program. We're giving you that $5,000 training for free. And the reason we're doing this is as a kickoff in order to get you all of the strategies at once. And then we'll be going in and diving deeper throughout this training. And again, my goal is, is for it to be worth a hundred times.

What the monthly membership is. And if we ever don't hold up to our end of the bargain, you can end your membership at any time. So this $5,000 training is going to show you how to find more money in your business using some of the promotion strategies that I've tested over the last decade. It's going to show you the types of stocks I buy, the types of investments I pursue, the types of cash flow and passive income that we look for. It's going to show you the places that I look and some of my advisors look for deferring or eliminating taxes. In fact, last year I shared one of these insights with an entrepreneur friend of mine and he sent me a text a couple weeks later. He's like, hey, I just want you to know that that saved me over $100,000 on my taxes this year. I was like, what? What did I say? And he referenced this one little insight that I gave him, the that literally made him $100,000 over the next couple of weeks just by changing the strategy that was being used on his taxes. And this training and this program that we're putting together is ripe full of those. So I'm inviting you to test drive this and we're giving you this $5,000 class that we held for free. Which by the way was a mistake. I went on vacation last week. I indicated to one of my team members that I wanted to do a bonus and they misunderstood and they gave away the most expensive and my favorite training we've ever done for free. It's too late to change it, so we're limiting this to the first 500 people who decide to help us out by test driving this program. And if they don't like it, you don't have to stick around. And if you love it, which I expect you to do, then you can continue for as long as it is valuable for you. Really proud of what we've put together. Really excited to be going in this direction, inviting you to benefit from all of the best strategies that we've used in terms of making more money in your business, investing for wealth and passive cash flow, and paying fewer taxes. So I'm inviting you to join us. While we look at deals together, we look at investments together, we look at stocks together, we co invest on certain projects. I'm sure some of you will meet and decide to do business and projects together. And I'm inviting you to join us inside of the 1%.