Learn How Robert Kiyosaki’s Famous Book Changed His Life!

You have empire cycles, you have currency cycles, you have economic cycles, you have market cycles. These are maps that, that you should take a look at. As an investor you're essentially in the risk management business. So yes, you have that roadmap, you have your blueprint, you know how many houses you want or investments or passive investments. But you also have to be aware of these things. If you went all in In January of 2008, you had the wrong map.

Hey everybody. Flipping in here. Welcome to another EPIS episode of the Freedom Show.

Yes. So excited to be here with you guys today. I hope you enjoyed last week's episode with mc. Today we're gonna be going into part two, but before we do that, we're actually gonna talk to you a little bit about what's going on in our lives right now. And I'm going to be sharing.

Yes. What is going on in our lives right now. Please, please tell me. With all these meetings, I don't know what's going on.

We are back to back those. We, we talked to you last week about our deep dive and so like L hours out of our day plus the tasks involved and associated with those three hours has really like put a dent into our days that we're just going back, back, back, back, back, back.

You know, on January 1st my resolution for this year was I wish I just could take like a four hour meeting and put it on every day.

You're so funny. But so anyways, I did run from to jump into an investor call and I don't get on a lot of investor calls anymore just because Flip and I are doing higher level things within the company and we just can't get on all the investor calls. But this is a particular investor who has quite a lot of capital to deploy. They're retired and we don't even know if they're investing with us yet. But I thought that the conversation was so powerful that I would just share it. You know here I'm not going to obviously mention who they are or anything, but one of the things you would have loved if you were on the call.

Yeah, yeah, I'm, I'm, I've got my popcorn. Do tell.

One of the things that he said towards the end of the call and I'll go into some other items, but I thought of you when he said it. He, he was like, yeah, you can call or text me anytime. I'm either going to be on the golf or the beach or at golf or on the beach.

Nice. I was like, I like this guy already.

That Is alive. Yeah. So retired couple, they've been in the real estate industry. They've made quite a, quite a lot of money. And what's interesting to me is that they're talking to people like us. So that's what I really wanted to share is the perspective that they had and why they were talking to us. So first of all, they are looking to deploy all of the funds that are in their retirement account. And they have quite a lot of funds in their retirement account. And why? Because they got educated about how to stuff retirement accounts with a lot of money that is now tax advantaged. And so they want to put it to use and still, you know, have those tax advantages. Right. And so they're like, okay, where do we put this? And so they started looking at, you know, the people that that particular custodian works with. And I'll just mention who it is because we actually work a lot with them. It's Equity Trust. And on Equity Trust's website, they actually show that, hey, Freedom Family Investments is one of the people that we work with. We're actually going to be doing a lot with them here this year in 2024, between workshops and podcasts. John's gonna be on our podcast, I think just in a few weeks here. And he is just one of the most brilliant minds I have ever, ever met about taxes and tax advantaged retirement accounts and how to invest, how to maximize your growth. He is just incredible. And so they're, they've got all of their retirement money in Equity Trust and they said, hey, we saw you, so we want to jump on the phone with you. And we've talked to a whole bunch of other people too. And so why we, you guys have. Stan stood out. And why we've gotten to the point where we asked the CEO to be on the call is because we really want to work with a big investment company that's actually a smaller family like type company where you have that intimate relationship as opposed to not being able to talk to the CEO or not being able to call somebody up and get somebody on the phone that you've had a relationship with or you built a relationship with. So they like the opportunities, the big opportunities, but they like the small feel of the people in the team that they're working with. And they like the fact that we have boots in the ground and that we're vertically integrated. So there is a lot of things as experienced and knowledgeable real estate investors that they were looking at in finding a company. And like I said, they haven't invested with us as at the point of this recording. But I could hear in his voice exactly what he was looking for and why a team like ours was at the top of the, you know, at the finish line of them making this decision here this week or next week. And I thought it was really, really incredible to be attracting that type of people. And a lot of investors don't know what to look for. It's why we have those top three questions. Where do you start? Which path is right for me? And who do you trust? Those are the three questions of newer investors. And you're seeing and hearing right now experienced real estate investors that have the knowledge and have the experience, have amassed quite a bit of money and have investing for a very, very long time. And you're hearing why they chose to talk to us, why we're at the finish line of a company that they don't know yet. The. They don't know yet that they are willing to invest large chunks of capital with. And I thought that was just something that was really, really cool to just know myself and just go, look, that is something that's powerful. And although we don't get on the phone with every single person, you know, if it's absolutely necessary or if it's absolutely important to the relationship or anything else, we jump on webinars. We jump on, you know, phone calls. We jump on what? And we do whatever we need to. Our president, Steve, our vice president Chris, like, our coo Tina. Like, there's many team members that people can access, and it's a lot easier to access within a family of companies like ours because we're not, you know, 200, 300, 400 team members. Right. So I thought that was really cool. I wanted to share that. There was some other things. I know that we are all giggling. Oh, the other thing was that, yeah, I brought. Brought on our managing director, and I brought on our operations specialist within ffc. And at first we were like, you know, I feel like we're bombarding him. That was kind of a question. Is he gonna feel like, oh, my gosh, there's like, five people on this phone call? Because even Jody was on the call. And I. And I honestly, from my gut, said, no, like, if I'm an investor. And you just, you know, took the time out of everybody's schedule to jump on that call, because he was investing into syndication, and it was going to be a large chunk of capital, and he wanted to know where we were at in the. And I, as a CEO, don't. I can't possibly know all the details of everything that goes on. And so I was like, if we want to answer him correctly and with the best and most accurate information, we need other people from the team on. So we just brought him on the call so that, you know, everybody was there. Whatever question he had, somebody was there that was going to be able to give him the most up to date information. Him and his wife. So it was a really cool. At the end of the call we were like, no, that was good. That was actually an advantage to have everybody there and it probably a better feeling of hey, yeah, these guys are accessible and they are here to answer questions. And now I know who these team members are. Right, right. So anyways, it was really cool and fun and so I just wanted to share it.

Well, the most important question about the whole conversation that you had though, does he need another player for his foursome? That's all. I just, you know, as soon as.

I heard golf, I was like, oh, if Flip was on this call, I.

Can, I can hold his clubs. Well that, that's awesome. I wish I was. I mean I, I don't wish I was on all of your meetings, but yeah, that was. That, that one sounds awesome. Yeah. And I. Plus I didn't need to be the eighth person of, of this small family company in the meeting, so that was great. But I wanted something the. From part one last week and MCs. From the part one.

The.

His epiphany about the bank. The banking system.

Yeah.

And how they operate and how his mentor told him that, you know, it's, it's like the oceans. And he went into that and just. It was very interesting. I was like, I never thought of it like that. That was very cool. I mean just the whole, the whole recording. I mean we recorded this a couple of months ago and just the whole time I was just like my. So just listening and my jaw was dropping because it was just he's. And, and he's one of those fast talkers. Boy, I wonder who else is like that. You know, you gotta hang on to, you know, the conversations. And so, yeah, like I said, at the end of the episode one, I was holding on with one finger because that was between you and him. I don't know who could talk faster.

Well, fortunately we were interviewing him, so it was. He was stealing the show.

Yeah, yeah, exactly.

Well, I'm super excited for us to get into part two because there's a lot of things that we held back on when we were recording and talking about that episode because we knew. We were like, oh, we know what he's gonna say, but he hasn't said it yet, so we gotta wait. So we're super excited for you guys to jump in and listen to part two of this episode with mc. He's a fantastic guy, man. Really, really enjoyed talking to him. And he's got some valuable gold nuggets for you today. So enjoy the show. Cliff and I like to talk about getting real. And what we mean by getting real is not sharing, you know, all the success stories all the time. It's not all rainbows and sunshine, right? There's. There's. It's. It's. It's a hard. It's a hard life, and it's a. It's a hard road to get where we've all gotten in terms of where we want to be. And I'm sure, like us, you're probably still climbing to where you may want to go. So can you share any stories that might help listeners understand maybe paths in your life where you had to overcome a challenge just to kind of encourage them that we've all been there and we're all people just like you, and if I can do it, they can too.

I mean, there's. Where do we start? There's so many. And I feel like I've had a lot more failures than success. And then, you know, a lot. Not a lot of people will say that out loud. And then you talk to really, really successful people that you respect and admire, and they say the exact same thing. And I'm like, oh, okay. So, yeah, and I. And I will say that I have been. I have failed and continue. I continue to fail constantly. But you. You gotta embrace. You gotta embrace it. You gotta. It's the guy that takes the shots in sports. Everybody sees him misses. Right? But how many, like, and then when you get a Michael Jordan, everybody remembers all those shots that he made, but nobody remembers all the shots that he missed, which was a lot more than the shots that he made in crucial, crucial situations. But I'll share some stories. So one of the. I mean, like, even if I think back and this will probably hit home with a lot of folks, so, like, shortage of capital. For example, like when I started my real estate journey, and I've said all these things, and I continue to say some of them, but one of the big things was like, cash is trash. Don't hold cash. The dollar's devaluing. We've been talking about, like, this for 50 years. So now there's nothing new under the sun. And I was young and learning about, you know, banking and the banking system and the global monetary system and in real estate. That's why I loved real estate too. And so I didn't hold a lot of cash. And I was always trying to buy property and then roll cash into the next one. And kind of like now that I look back, I mean, if I was older like myself now looking at that younger person, I'm like, what are you doing? Like, this is your, you're, you're bound to get your, your hand burned here on the stove. You're playing with fire. And the reason I played with fire was I was so over leveraged in the sense that I didn't have liquidity. And then that is when disaster strikes and you only need one. And usually most real estate investors know it when it's one, it's a couple. It's light rate rent payments, it's people breaking stuff. I mean, I had to replace a porcelain toilet in one of my properties. I have no idea how that break, but it did. The only stuff, stuff that you can't even imagine happens at that stage, right. Which all costs money. So at that stage, being the young, oh, cash is trash. Well, now I don't have cash now I got to go into debt. Now it's all on a credit card again. So at one stage I dug myself a pretty big hole. And it's only when I discovered then, like infinite banking where I keep cash, you know, in infinite banking policies where I always have access to cash and I always have that cushion, that buffer, that when disaster strike, it's just a little, it's a blip in, I can manage it and I can control it and the growth isn't interrupted. So I think that's one thing I think a lot of people can relate to, not having capital at points, you either got to go into debt or you have to then partner with people if you have to raise one or raise capital. I think that, you know, another mistake that I've made is also being very trusting. And I still, I mean, I still trust people, but it's just, I really do my due diligence. I do my due diligence. And it's not just, oh, okay, let's, you know, go to good old solid handshake, right? And, and, and most of those, by the way, because humans, in, in the way that I see the world, humans are inherently good. They're not bad. Yeah, but you have, do you have bad apples? Yes, of course you do. Of course you do. You Know, even if you do, like Pareto's distribution, the 80, 20 rule, like 80 good 20o of that 20%, very, very undesirable characters. So they're out there, but it's not, it's not, it's not the world. So the world that I see is that there's a lot of great people. You just got to find them. But trust, but verify and do your diligence because you will get burned. And that's part of the learning process, by the way, unfortunately. And then also, we've all lost money. I mean, who hasn't lost money in our business, you know, so there's a lot of lessons to unpack there from, you know, times that you lose money. Did I. Was that the right deal at the right time? Was it the. What Did I partner with the right folks? Did I really do my due diligence? Did I skip something? Was there something in this process that I did not execute? And, you know, that's the thing is like, what did you mess up on? Not everybody. No, don't point the fingers again. There's no one holding you back. There's no victim mentality in my world. So, yeah, how can you. What could you have done better? So, I mean, I could go on. There's a, there's there, there's just, there's a lot of failures.

Yeah, Yeah. I think the lesson here that I'm taking away is just embrace them. Right. Because we all talk about, at least here on our show, we talk about our failures a lot because we want people to understand, hey, you can do this too. Get up and keep going. Don't give up. So if you were to give one piece of advice to people who are still on their journey, what's that kind of one takeaway that you would, you.

Would say to them, you know, as an investor, you're essentially in the risk management business and you don't. Most people don't know that. They think that they're in the investing business and they're just, oh, I'm just going to invest. You are in the risk management business. And if you look at how the top, top investors do it, they all know this. They all know that they're in the risk management business and they understand. You know, I call them wealth maps.

Okay.

So wealth maps is like, it's frameworks that you can use to kind of like, see where you're at and where you, if you need to make adjustments to go where you want to go. So we talked about, you know, you have to have a Vision, you have to figure out, here, I'm here, now I gotta go there. And then you have to figure out, okay, how, how am I gonna do that? Let's break down the steps. But in those steps, we can all do the math. We could do the properties, we could do all that stuff. There's an environment which we operate in, and it's like, you know, taking, you know, trying to get from New York to California, Los Angeles, let's just say. And the map would determine on how are you going to get there? Well, surely there's a different aviation map than a railway map, than a road map. And then again, is your map, can you make adjustments with your map, like a ways. Right ways tells you, hey, there's an accident up front, there's trap, there's a traffic jam. So we'll take a different route, but we'll still get to the same destination. Or we just have to pull over and pause our journey or, you know, and make adjustments. So the wealth maps that I talk about, you know, is a lot of like, cyclical stuff. You know, you have empire cycles, you have currency cycles, you have economic cycles, you have market cycles. And these are things that you have to be. These are maps that you should, that you should take a look at. And like I said, as an investor, you're essentially in the risk management business. So, yes, you have that roadmap, you have your blueprint, you know, how many houses you want or investments or passive investments. But you also have to be aware of these things. You know, if you, if you went all in In January of 2008, you had the wrong map.

That's right.

You didn't have the right map, you know, because all the professionals at that stage were selling, they went into capital preservation, they went into more like kind of notes, shorter plays, that kind of stuff. So you got to have the right maps for that stuff because, you know, again, if you went all in in 2012, you look like now the bottom of the real estate cycle. Right. Remember when everybody was telling us real estate was dead? I love that. The same that they said tech was dead right in. In 2001, and then Amazon and Google didn't get the memo.

So.

Yeah. So you th. Those maps are important for risk management. And just know as an investor that risk management is the big part of this because. Yeah, yeah. Are there going to be great investments? There are so many. They're out there. They're out there in any environment, by the way, any climate that you're in, there are great operators and great people in any environment, but just have the right wealth map, too, and understand where you have to take a little bit of your foot off the gas on offense and play a little bit more defense. And sometimes you play more offense than you play defense.

Yes, yes, I love that. So you actually naturally segued right into where I was going next. So thank you very much. So I like to talk about people's superpower, and when I talk about superpower, it could be something you do very uniquely great. Or it could just be the field of expertise and knowledge that you have that you can share and you have this unique perspective that adds value to the people who are listening. So we've talked about your definition of freedom and sovereignty. I love that we just started touching on understanding the cycles of economy, market and empire is the key to protecting freedom, sovereignty and wealth. Another piece. And you can expand on that if you want, if you haven't finished talking about it. But one thing that. There's two more things that we haven't really hit on yet that I would love to hit on. The first one of is capital preservation versus capital growth. Can you speak on that a little bit?

Absolutely. So if you have the right maps, there are times where chasing yields and capital growth is more important than capital preservation. And so, for example, if you went out and bought real estate in 2002, that was a great time to chase yields and be aggressive and play offense and try and grow your portfolio. And then as that cycle kind of moved along, then you start to almost like, switch a little bit more from the offense to like in 2005, for example, you would have gone, okay, I'm going to start to, I'm still playing offense. But now it's like we're, we're bringing the defense into the ball game and we're playing more and more defense. And then essentially when you got to, you went to 2007, you take it to a next level beginning of 2008, where bear stearns went down. A lot of people remember that. I think it was March or April. That's when you go into capital, full capital preservation mode, because that was the first shoe to drop. And there was a lot of rumblings that there's a lot of other stuff happening. So folks can, you know, bring that into, like, where we are now. You had 2008, you had your Lehman moment in October of 2008. Then if you watch the movie the Big Short, which everybody should. These things don't happen overnight. Michael Burry almost went bankrupt. The guy that, that's the main feature in the movie, he was right. But nobody can time this. So then Michael Burry and all these folks were short at that point, but it took a while for this to just filter through. Right? And then you had your 2009, 2010, you kind of had your really drop off moment and then it kind of bottomed end of December, what is it, 2011 into 2012. So in 20 again, the people that play capital preservation well and held on to money and didn't have everything, leverage and all out in the in marketplace, whether it be real estate or other alternative assets or the Wall street market, they now had a ton of capital to run in and buy up as much properties. And by the way, I know we talked about mistakes made. I caught a falling knife in 2009 because I didn't understand this better at that time. Meaning started buying real estate in 2009, like middle of 2009. I wish, I wish I had an older, wiser mentor just ringing back this young buck saying, hang on buddy, hang on, it's not time yet. But yeah. So that, that, I mean, and the difference between that, I can speak from experience. I would have bought a lot more real estate in 20. What I bought in 2009, it just still went down like another 25, 30% the market CR. And then of course in 2012, then you're back, you switch your switch into capital, you know, capital growth. You're trying to grow capital now, chasing yield, you're more aggressive, you're private lending hard, whatever you need to get properties at that point. And then, you know, the cycle kind of repeats itself where, where we're at now. You know, what is it, 10, 11 years later you're playing more, a little bit more defense. There's still deals out there, but you're playing a little bit more defense than overly aggressive, just offense all the time. And I think that's very important for folks to understand because it might can make a huge difference in the trajectory of your life as far as like investments and growing your capital.

Yes, yes, that is super, super powerful. So let's talk about today's market right now. One of the things I wrote down was how to increase cash flow, efficiency and cash flow right now. So can you speak to the market and what you're doing today?

Yes. So right now is where I'm looking at it is we're playing a lot more capital preservation game and I love cash flow and people think cash flow is just chasing yields and making money, but cash flow is also increasing efficiency. So right now is a great time to build up capital, to build up cash, have a very large cash position and find other ways to increase your cash position. So what we're looking at in our businesses, I call them cash flow leaks. There's a lot of cash flow leaks. So review everything in your business. Look at every single line item. There might, there might be a ton of different areas where, yeah, there's a cash flow leak that you have that you're not even aware of. Overlapping insurance, for example, that could be one of them. But in your business there's def. And I mean like I combined, I was using a ton of different software at one point, I combined it all into one that saved thousands of doll per year in the business. So that's the kind of stuff that, that we're looking at. And then, and we do this in our business, in our personal and then our investing economy. Where are the leaks? How can we be more efficient? How can we, you know, how can we find money that is unbeknownst to us, leaking? And then for your business too, how can you generate, how can you generate additional revenue stream in your business by bringing something to your clients which are, which are already doing business with you that'll help them. So we look at different ways of doing that too. So we're trying to increase efficiency with reducing like the, the leaks that we have and then finding other ways of bringing in revenue streams that produce products and services that are very valuable to our current clients. So, and, and of course we're just, just building up then obviously the capital in infinite banking policies and so forth. So that's kind of the game right now. It's, I mean, are there still deals out there? Absolutely. And are there still great, great things happening? Absolutely. But it's, it's just a different season, so you just dress a little differently. That's what I say. People say, are you negative? I'm like, would you ask me if I'm negative? And if I'm in December, the middle of winter in Colorado and I've got like, I've bu bundled up, I've got my jacket on and snow boots, you would just say, that's, that's smart. You're dressing for the weather. And I'm like, you wouldn't, you wouldn't tell me if I'm on a beach in Florida somewhere in, you know, summer in my bathing suit and with some suntan lotion, man, you're, you're just very, very positive. I think you're maybe a little bit too optimistic. I'd be like, no, it's sunny out. I got my swimsuit on. I'm ready to go. Right. Different seasons. So that's kind of how I look at it.

Yeah. Okay. I love that. All right, so we're going to take a quick commercial break. You are listening to the Freedom show with Flip and Danny. Our guest is MC Lobster. We'll be right back after this short commercial break.

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Review so we know how we're doing and what you guys are enjoying.

All right.

Welcome back, mc. Thank you so much. Man, I have gained so much value from.

Yeah, do I have to pay for this? I mean, class is in session.

It's just been a lot of value that you've brought to us today. I can't thank you enough. Before we go, I want to make sure that everybody knows how to get in touch with you and then allow you to touch on anything else that you think that we didn't hit on today. But we just. We. Man, that was just jam packed value in gold nuggets. But we want to do this segment we call real quick with Flip. Just a way for us to have a little bit of fun, get to know you a little bit better on a personal level. And Flip, did you prepare your question?

Of course, of course. So this basically this is like this or that. So I'm going to give you two items. You select which one, But I like to call this this, that, or the other. So if I say corn flakes or raisin bran, you could say if you don't like either one of them, you could say lucky charms. So you don't like the two that I have, then you throw a third in there in the same field.

Okay.

All right, you ready?

Yeah.

All right. Country or rock and roll?

Ooh, country.

Oh, wow. I didn't see that.

No, I didn't either.

Audiobook or physical book?

Physical book.

Morning person or night owl?

Morning person.

Flip flops or sneakers?

Ooh, flip flops.

All righty. All right. This one's gonna be tough. A South African winner or a Chicago winner?

South African winter.

I grew up in the Midwest. Nobody likes Chicago winners.

Oh, it's bad.

And so this ought to Be interesting. Soccer or football?

Ooh, probably soccer.

Okay. I thought you were just gonna say rugby.

Oh, yeah, I forgot about that part. Rugby. I'll change my own rugby.

Would you prefer to live in 1969 or 2069?

Ooh, that is a very good question. Probably 2069. I'm pretty excited to see how the future plays out.

Out.

Well, let's get your take on this. It is Halloween. Pineapple pizza or candy corn?

Pineapple pizza.

Nobody likes candy corn. I really. I. I think I know one person that likes candy corn.

All right.

Ketchup or ranch.

Hot sauce?

We did the other.

All right, last one. A comedy movie or scary movie?

Comedy movie.

There you go. There you go. We've all went through our scare. Our scary movie times of our. Of our lives.

So I always like to learn a little bit about people when Flip does this, because I. I'm never privy to these questions. So one of the things he asked was 1969 or 2069. And you said 2069 because you're excited for what's coming up. We're seeing a lot of. We are just in California speaking at an event, and there was. Was We. We had, like, robots deliver stuff to our room. There was robots going down the street doing food delivery. We've got AI out there. So talk to us about the future. What excites you about what's going on now and what you see going forward?

The future is like, it's. It's going to be insane if you see where the money is going to and. And where it's invested and you could see snippets of it. And I'll share quickly a quick story with you of how you see snippets. So I started when I firm producers wealth. We built it completely, virtually in 2014, because I was actually doing. I was doing consulting, and we were doing consulting at an Amazon location. And the person that was showing us around, we walked past the boardroom, and I peeked into the boardroom, and on this. On. On the big screen in that Amazon boardroom was. Now we know it was just a bunch of people talking like us, but it was on Skype. There wasn't even Zoom back then. I think it's like, 2011, 2010. Like, Zoom didn't even exist. So they had Skype. And I looked at the person that was guiding us through this location, and I'm like, what is going on in there? Like, I mean, now people are like, well, they were having a conference call, right? But at that time, it was completely different. Skype's like one on one and maybe another person jump on. They had a whole screen full of people. And the person that we were said, well, well, we're just having a con. We're having a call with all of our regional people on and having a meeting. We're in the, they're in the boardroom. That's how we have a lot of our meetings. And that's when I saw that. I was like, why would anybody then like do in person stuff if, like in building a business you can serve a lot more people quicker, faster in their comfort, you know? And people said, this will never, never, ever work. When I started to build my business completely virtual, and now the world caught up. Basically I was the creepy guy in the insurance space, you know, 2014 to like 2020. And in 2020, everybody's like, hey, how do I book a call?

You know?

So with that hindsight, you just mentioned the robotics, the AI, like first. When I saw the AI stuff, I was first excited and then I got a little bit scared. And then I started to look back at history of how we handled the Internet transition. And then I felt, okay, then I could sleep that night. But because a lot of jobs are going to be, it's gone. And it's not a bad thing. It's like saying the Internet took out a lot of jobs, but look at what the Internet provided. Infrastructure to create millionaires and billionaires and just abundance beyond what we could ever have dreamed of as humans. Right. I think AI is the same potential, but right now you look at it and you're like, wow. I don't think a lot of people realize yet that a lot of the jobs that they're in is probably going to be gone in the next five to 10 years and they're going to have to find skills in this new economy. And then the thing with robotics, I just saw Amazon too, have all these robots where they, and they're testing them and they're placing orders in the warehouse. I'm not talking about the drones that's going to deliver your boxes like within 30 minutes of your order. I, I saw like these kind of like humanoid like robots were like moving boxes in the warehouse. So, yeah, it's crazy. You have this, you, I mean, wait till 3D printing takes off. So I mean, the AI, robotics, 3D printing, machine learning, I mean, it's gonna be insane. So this wild, wild roller coaster ride, I don't want it to stop soon. I wanna, I wanna see what comes next because it's gonna be Pretty crazy to see where this is all going.

What are you going to take advantage of when it comes to real estate and investing?

Yeah, I think real estate has already changed a lot because of all the changes. I mean, think of like in 2020 and people going virtually. They were forced to. A lot of people were trying it out. And then you see the research that employee employees were more happier, they were more productive, employers got benefit from it. And I know there's other studies try to discredit that because they want them back in the office. Right. But they had a more balanced life and so forth. So that changed the way where people live. How they no longer needed to commute where they can live. They can live wherever they want. They can live in the Midwest, in great towns, have land, all that kind of stuff, and then work for someone in New York, for a company in New York. Right. So the, the marketplace changed completely for employer. You can now, your talent is not restricted to this town or the city that you're in. It's global. You can find the best top talent that you need all over the world, not just in, in the United States. And then for people that are looking for work and looking for, you know, even contracts. Because that changed too, right? A lot of people are now just contractors, independent contractors, no longer even employees. That changed. But you can now, I mean, work and, and do contract work for anyone all over the world. So change where you live, how you live, what, what's important to you. I think a lot of people wanted more space. That's why they moved out of big cities, you know, and so forth. And it's just going to continue. This change is just going to, I mean, rapidly continue. So real estate's going to be fascinating. Think about, I mean, think about the technology that could be implemented there. I mean, a lot of people that I know already use AI just to get like descriptions of apartments, like they're renting out and stuff, and the AI is writing stuff and they're like, oh, I want to go and rent my own unit after reading that, you know, that description. And so I think it's. I, you know, again, I, I see a lot of the stuff and I'm like, like, you have to. Again, maps, wealth maps. You have to understand what's happening, why it's happening and where this is going. Otherwise this disruption is actually going to put a lot of people on a very bad position. And the people that realize what's happening, how it's happening and where this is all going, they're going to be Able to surf a wave of all of these changes.

Yes. I love it. That really speaks to. When it comes to real estate, speaks to the geography freedom to piece. Because so many people have the opportunity to live wherever they want. Flip and I are living in Florida. Our offices are in Ohio. So we are the CEO and CRO from, you know, a few states over. Right. Because we wanted to live, you know, somewhere where it was sunny and not, you know, super, super cold. So that's, I think that speaks highly of geography freedom and, and where the world is going.

So I love competition. Right? There's competition. And this is, this is the positive thing out of this whole thing too, is that that states and towns and cities are now in competition. Right. And. And this is going to force. Because a lot of people are very unhappy, you know, politically, globally, not just the US thing, But this might force people to do better and be better and raise the game and do better things because you're competing for people to where they want to live. Right. Because they're going to go and move to where they're treated best and their capital and their business and their investments are treated better.

Yes, that's right.

I can't remember the website, but there is a website that, if you go to this website, there's cities and states across the United States that will pay you 10,000, $20,000 to move there, to live there, to. To work remotely.

Yeah, it's incredible. Yeah, I love it. Okay, this has been just a valuable time with you. I think we're. We're approaching one hour, so we're. We're going to cut it off. Otherwise, Flip and I could just sit here and ask you questions all day. Mc. But if people want to reach out to you, where go cash flow, ninja.com.

There'S over a thousand, I think podcast there. We cover business, we cover real estate, commodities, we cover. We've covered blockchain, AI, everything, you know, very, very wide. So there's a ton of information there. And if folks are interested in learning more about how to create their own banking system and setting up a family bank and utilizing that to warehouse capital so they can deploy it to really, really take advantage of opportunities that are coming up, they could go to your own system dot com. It's your own banking system dot com.

Fantastic. Well, thank you again for being with us today. Mc. It was a pleasure. And everybody else, we will see you next Wednesday.

Thank you.

Bye. Wow. Again, welcome back to. Hopefully you're. You're still in your seats after listening to MC Again. Uh, that was the conclusion.

Yes.

Uh, of our interview with him. And. And I just. There's so many things. Things to talk about, and the one thing that I loved, and it's something that you and I talk about all the time, is embracing failure. You know? You know, we don't always succeed. Everybody on Facebook succeeds every day. You know, but. But we always talk about failures. It's. It's vulnerable, vulnerability. I can't even say it, you know, so. So it's. It's. I. I really love that. And, you know, one of the things. I think you wrote it down, the. I fail more than I succeed. You got to go for it. You don't have. You have to take the shot. Yeah, yeah. And. And there's the. There's a Michael Jordan poster of him shooting the ball. And. And it says, everyone remembers the. The last second shots, but no one remembers the 23, 000 shots that I missed or whatever it is. But, you know, it's. It's. You have to do those to make the good ones.

Yeah. Yeah. And I think a lot of people, they're just afraid of failure. And I think what. What we all need to understand and Flip and I have understood this the more we've done it, is that failure is part of the journey. And I think it's important that you do understand that going in so that you're not down on yourself. When you do have a moment where you. You come up against a challenge and it doesn't work out, you just know, hey, that was bound to happen. I'm going to get up, learn the lesson, and take that and identify which way I'm going to go now. And I think that if you adapt that attitude and you start to love failure, because your love of failure means that fail, fail, fail, fail, win. Maybe you do have to fail five times, 10 times before you win, but as you're counting that, you're going, okay, I failed once. Well, eventually here. If I do this enough times, I'm gonna win at some point, and you start getting a little bit excited about it. Right. And then I'm gonna tie this into his freedom. He talked about freedom, and he also loved, you know, time and geography. But there's two of them that he talked about that a lot of other people don't talk about that. And that is freedom of relationships and freedom of personal purpose. And I want to talk about the freedom of relationships because embracing failure is great, but you don't want to fail 10 times before you win. Right. Like, nobody wants to do that. But if you have relationships that you're tied to that have been on the journey before you, then it's, you're not going to fail as much. Don't think that you're not going to fail just because you have somebody who's leading the way. They don't know everything. There's never a point in life where we just know everything, everything. And everybody has a different flavor to how they handle things, to how they speak, to how they manage to how they lead, to how they negotiate, to how they invest. And so even though you're following somebody else's footsteps, your flavor is going to be a little bit different than theirs. And so you're going to do things a little bit different that may cause you to fail in different ways than they had. But you have this person in this resource to go to and say, hey, I just did this, this and this is the way I did it because that's who I am. What do you suggest? And they're going to give some feedback that's maybe not exactly pertinent and relevant to your situation because they didn't do it that way, but absolutely will apply to the lesson and maybe how to move forward and providing guidance in that way. So I think that relationship piece is so important. And I loved how he said, you know, just think about if you started taking out the people in your life that drain your energy, right? Just get them out of your life and replace them with people who energize you, who inspire you, who motivate you, who excite you, who give you all of this. I have crazy energy sometimes because of the people I'm around. It's the people that's around me. I already have crazy energy. And then I get around other people and I'm like, ah, I'm so excited. I want to do. And I have all these ideas. And so the more that you do that, the higher likelihood of you being able to succeed because you start understanding the blueprint of success, right? Because there's people that are around you that are like minded and are going to enjoy the same things that you do. And depending on what your path is, it doesn't even have to be business, it doesn't have to be investing. I imagine it is because you're listening to this podcast, but it doesn't matter what it is. It could be a total different passion of yours, yours. It's going to take you down a road that is going to bring you so much joy. And that joy is such an important part of life. And I just I think there's so much power in that and the people that you have close to you. So if you ever feel like something I'm doing is draining my energy, you need to ask yourself a couple things. One, is it that? Is it the thing I'm doing? Is it what I'm doing right now? Am I recording a podcast and is it draining my energy? No. Heck, no. Being on these podcasts gives me energy. I get excited about sharing our stories because I know how much other people's stories help us. So we love that we get to share. We love. We get to interview other people that we know like and trust, and we're excited about hearing their story and learning from them. So it's something that energizes us. But if I'm sitting in front of the computer running some numbers, knowing that my financials team is going to be able to do this better and faster, it is draining me. I'm like, I'm not doing what I should be doing. This is not like my genius zone. This is not my unique talent. This is not like something that gives me joy. And so whether it's a person or whether it's a thing, there's people in your life that you know that you. When you jump on a meeting, heck, I just got off a meeting, and you. I said, flip, do you want to join me? You're like, I can't even imagine sitting through 30 minutes of listening to that person. And that is somebody who drains your energy. Right. And I thought of what you said when I was on that meeting. I had to be there. But that's a perfect example of, you know, being somewhere and with somebody that's draining you as opposed to giving you life and giving you excitement. And so I thought that was probably one of the most important, powerful life lessons that MC shared with us today that we probably don't talk about enough.

Right. And don't worry, Tiffany, that meeting wasn't with you.

Always teasing Tiffany.

Yes.

Yes.

That's half the fun. The other thing that I liked, what he said, it was the. You're in the risk management business.

Yeah.

You're not a real estate investor. You're in the risk management business. And if you don't realize that, you need to realize that.

Yeah, 100%. I think that goes back to the three questions we talked about. Where do you start? Which path is right for me? Who do you trust? Because he literally said, said when in his Get Real segment, it was lack of liquidity and then doing your due diligence. He's a trust but verify person. And he does give give trust but he's like, he's heavy on the due diligence piece. And we say that very same thing because the people that we talk to so many times got burned in some way and it hurts our heart. Right. That that happened. And it happened because of lack of due diligence. And it's not because the investor didn't want to do due diligence. Sometimes they don't know how to do due diligence.

Right. They thought they did due diligence, but they didn't do proper.

Yeah, you just don't know what you don't know when you're doing that. So one of the things MC said is you will get burned, you will lose money. And I put as a note to that is, you know, active investors, especially like when you get in the real estate game and you're an active investor and you don't have somebody on your side that's, that knows what they're doing, you're going to lose money. That's actually a lot of our passive investor relationships are people that are like, I tried it, it didn't work. I lost all my money, I lost all the time. I didn't spend time with my family because I thought I was going to be a real estate investor. And yeah, okay, I now realize that, you know, it takes years and years and years of experience and knowledge to get, get to the two where we are now. And the only reason that we are where we are right now is because of all the mistakes, of all the failures of all the lost money and an amazing team that took blood, sweat and tears to build because we had to hire a lot of bad people before we found the good people. So it's just one of those things where you learn from other people's efforts and their pain and their trials and you go, I don't, I don't want to do that. I choose not to do that.

Right.

I choose the easier and better joy filled life of letting the experts do it because they have, look at, you know, look where Freedom Family is now. We looked at our Google chat And it's like 64 team members, right? Yeah. Six companies getting ready to launch two more. Like how much time did it? Like we started real estate in 2008. So you know, from 2008 to now, that's actually fast in my opinion, to get where we are. But who wants to do that? Like seriously, I'd rather just take a chunk of money and just go, here, can you give Me, get some passive income at a good rate of return, you know, and show me your track record and tell me all the things that could go wrong and tell me what I shouldn't be asking. Tell me what I don't know. Have those, you know, get real and, you know, really raw conversations with people. That's exactly what we're here for. And that's what we. We love our investor relations team to be able to just have those conversations because I think they're. They're just so important.

Couldn't agree more.

Yeah. So Risk management. Yeah, I thought that was very powerful. So you heard mc. He said it. He said it best. So we won't recap too much more of what he said, but as far as what's going on right now, we actually have. Have a. Our Freedom blueprint rolling out. We are actually in the middle of finalizing it. It's been something that we've been talking about for quite a while. We really want to help investors get from where they are right now to where they want to be. So A to Z. So here I am. I'm a physician. I've got this money in my account. I don't know where to put it. I don't know what the opportunities are. I don't like the stock market anymore. You know, they like these conversations, and we have them every single day. And we want to continue having those conversations, and we want to help provide more clarity with regard to. Okay, thank you for that conversation. Now that I understand you and your goals and where you're at, and now that I understand where you want to be, let's look at this and let's actually create a written blueprint that we can change at any point in time and then we can adjust. But it actually gives you a path that says, hey, they just showed me how I can go from point A to point Z. Because that's really what people are asking, right? And so many times we jump on the phone and we give them the solution verbally, but this blueprint is really going to give them something in their hands. So it's something that's very, very powerful. And I know that when we are starting out, to have this knowledge and to have it at our fingertips would have been so incredibly powerful, so that we did not have to zigzag and kind of figure it out on our own. And quite frankly, when it comes to investing, we also didn't know that we could invest in real estate and how easy it is to use retirement accounts or, you know, just money that we didn't even think about, you know, we just didn't know. And so that's why we are so passionate about this podcast and just helping everybody any way that we can. And we're here for you. So if you do want to have this conversation, if you want to give us a call and ask us about the blueprint print and see if it's ready and available by the time this podcast launches, I imagine that it will be because we're just in the final stages of getting it created. So feel free to reach out to our investor relations team. Just go to chatwithfreedom.com scroll down until you see the calendars, and you're going to see J.R. who can speak to you about our turnkey inventory, and he can also talk to you about our blueprint. You're also going to see C.J. and Ben, who can talk to you about our funds and syndication, our master notes, our private money lending. They can share all of that information with you about what opportunities are available. They can also help create a custom blueprint for you. So I think that's all I have.

So the blueprint. The blueprint is for them and how they can invest, not how they can build eight companies, right?

Yes. It's for passive investing. Yes. Yes. We can't fit how to build eight companies. That's going to be one simple, high level blueprint. Blueprint.

Step one, move to Ohio. Step two.

No, you don't even have to move.

To if you want to.

This is what we did. But, yeah, that's funny. So, yeah. Anything else?

I think that wraps it up.

I love it. Well, thank you so much.

Thank you so much and, and thank all of you. I'm pointing at the camera. For those of you just listening. Thank you for listening and thanks mom and Tiffany for listening, our two listeners. But thank you again and we look forward to seeing you next week, which I. I don't even know who's up, who's on next week.

I'm not telling them.

It's a secret. Yeah, it usually is for me. Anyway, hope you have a great week and we'll see you next Wednesday.

All right, bye, everybody.

Bye. Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions and information on the show are not guaranteed. All investment strategies have the potential for profit or loss.