Steve Valentine is a third generation real estate entrepreneur. From his start in the late 1990s, Steve created a real estate empire when the market was hot, everyone with a license could sell a home, and it almost felt like printing money.
Bill Gates was right when he said “Success is a Horrible Teacher” - this is exactly what happened to Steve. Things were going great, success seemed to be everywhere, and the business was becoming easier by the day.
That was until 2008.
In a blink of an eye, their business fell into shambles. They were way too far leveraged, couldn’t make their payments anymore, and lost everything.
Not only did they lose everything, but Steve was also facing over $1 million in debt - with a large majority of that debt owed to family, friends, and business partners.
He and his wife were completely broke, without an income, and had two young boys at home. They had become the example of “what not to do in business” and it was as transparent as can be - everyone was watching them and everyone knew what was happening to them.
Steve had a choice to make: do nothing or take massive levels of action.
In this episode, Steve and I talk about...
All the show notes, links and anything Steve and I mentioned can be found at https://www.moneypeach.com/session108
JV Ortiz is the founder of Six Figure Sneakerhead and he’s coming on the show to talk about an entire world I never knew about - the world of flipping sneakers.
Just like people who flip cars, flip houses, or buy and sell any kind of valuable goods, there is a fast growing demand for tennis shoes and the amount of money people are willing to pay for them is insane….well, actually it’s amazing :)
Within the first 6 months of starting his shoe-flipping business, JV was able to create a comfortable 5-figure-per-month income which has allowed him to travel the world while still working his business.
In fact, during our interview, JV was 14 hours ahead of where I was and did this interview in the middle of the night from Thailand!
In this episode, JV and I discuss...
• Why there is such a high demand for sneakers
• How to determine the value of sneakers
• What shoes are in high demand right now and why
• Software and websites you can utilize to make money flipping shoes
• How you can get started with a sneaker side hustle for less than $40 and a few hours per week
All the show notes, links and anything JV and I mentioned can be found at https://www.moneypeach.com/session107
Chris Prefontaine comes on the show to break down how to get 3 separate paydays as a real estate investor while using the strategy of facilitating a lease to own property.
Together Chris and I break down how it works and why he has had so much success with creating three unique revenue streams. Chris will also explain why he will match his way of doing real estate against any other model and why his will always outperform the others.
Yes, this may sound confusing at first but you can guarantee I asked Chris a ton of questions and even had him break down a real-world scenario using real numbers. You’re really going to like how we simplified the process to understand over the podcast and how we added the example into the show notes for this episode.
During the interview, Chris and I talk about:
• What is a lease to own
• Why a lease to own is an option for buyers
• What kind of sellers look for a lease to own option
• Payday #1, Payday #2, and Payday #3
• The average initial investment required
• What are the risks and challenges of lease to own
• Who this is not for
All the show notes, links and anything Chris and I mentioned can be found at https://www.moneypeach.com/session106
Today is a replay of the most popular and most listened to episode of the past 104 episodes of the Money Peach Podcast.
My guest is John Gaston from Episode 38 back in April 2017. John is a close friend of mine, an extremely successful entrepreneur, and was able to retire at age 34.
John is also my one-on-one mentor when it comes to my building own business and over the past few years John has shared a lot with me and I've begged him to come on the podcast to share his incredible story.
John is very humble and also very private, so for him to come on this podcast took a lot of arm-twisting on my part. Some of the things John will share with us are:
“The most successful people in the world read 15 mins every single day”
“...I remember hearing if I read 15 minutes every single day, I could all but guarantee I would double my income in one year, and then I did”
“Every decision you make in your business could be the decision that takes you closer to your goal, or could be the decision that puts you on the streets”
“Everyone works for 40 years (age 20 to age 60). The idea of being successful is cramming 40 years of work into 20...and if you’re really extra bright, 15 years…”
“The idea was to do all the things most people weren’t willing to do today so I didn’t have to do them later”
“...never quit. You’re going to have good days and you’re going to have bad days. If you don’t quit, you’re going to eventually find success”
“Water boils at 212°F - think about how many entrepreneurs probably quit at 211°F . They were so close and yet never made it - never quit”
“If you can get 1% better everyday….over a period of 12 months you are 365% better, and that is a substantial improvement.”
All the show notes, links and anything John and I mentioned can be found at https://www.moneypeach.com/session105