Stats That Stun

The podcast episode delves into Jesse Kelly's remarkable journey, tracing his path from a construction background to political activism and media success. Jesse shares anecdotes from his upbringing in Ohio, where he was raised in a family entrenched in construction work. Despite initially pursuing a conventional college path, Jesse's lackluster academic performance led him to embark on a different trajectory. He candidly admits to being a "terrible student," especially once he discovered the distractions of high school life.

Feeling a sense of maturity and a desire to serve his country, Jesse made the impulsive decision to join the Marines, inspired by his love for military literature. His abrupt enlistment surprised his family and friends, but Jesse was resolute in his choice. Following his service in the Marines, including deployment to Iraq, Jesse returned to his family's construction business. However, his thirst for new challenges eventually led him to Arizona, where he immersed himself in talk radio while working construction jobs.

Driven by his burgeoning interest in politics, Jesse made another impulsive decision to run for Congress in Arizona, despite having no prior political experience. Although he ultimately lost the election, Jesse's foray into politics laid the groundwork for his future endeavors. Subsequent moves to Washington, D.C., and eventually to Texas, where he found success in media, showcased Jesse's resilience and adaptability.

Throughout his journey, Jesse emphasizes the importance of taking risks and embracing opportunities, even when they seem daunting or unconventional. He recalls the sage advice of his mentor, Michael Berry, who instilled in him the mindset that "you never know who's listening." Jesse's willingness to seize the moment and pour his energy into every endeavor ultimately paid off, leading to unexpected opportunities in radio and television.

The episode also explores Jesse's philosophy of consistency and urgency in pursuing one's goals. Despite facing setbacks and financial hardships along the way, Jesse's unwavering commitment to his principles and his willingness to put in the hard work positioned him to capitalize on unexpected opportunities. As the hosts reflect on Jesse's journey, they admire his authenticity and resilience, recognizing him as a role model for staying true to oneself and making a meaningful impact in any endeavor.

00:00 Intro

3:05 Jesse's Background

14:58 You Never Know Who's Listening

18:35 Meaning

20:58 Wrap Up

Curtis Ray lives in Arizona native, is married with 5 Children, a Collegiate Wrestler at ASU, an Amazon Best Selling Author- “Everyone Ends Up Poor”, an Inventor of MPI, and a Business Owner.

In this episode of Replace Your Income, you'll get to understand Curtis' background, his inventions, and the power of secure compound interest.

00:00 Intro

2:00 Growing Up

7:00 The Big Three

11:30 Premium Financing

23:51 Everyone Ends Up Poor

36:10 Learn More

In this podcast episode on Real Estate HELOCs, the hosts explore the concept of HELOCs (Home Equity Lines of Credit) and their potential financial benefits. They clarify that HELOC stands for Home Equity Line of Credit, emphasizing its significance for homeowners seeking to leverage the equity in their home. The hosts discuss the misconceptions surrounding HELOCs, particularly an influencer's claim that obtaining one is like getting "free money" from the bank.

They delve into the practical aspects of HELOCs, explaining how individuals can use them to access funds for various purposes, including real estate investments. The hosts outline the key qualifications for obtaining a HELOC, such as homeownership, equity in the property, and a good credit score. They stress the importance of understanding the terms and conditions of different HELOC offers from various banks or credit unions.

The episode covers the potential uses of HELOCs, ranging from basic investment capital for real estate acquisitions to creating a financial safety net for unexpected expenses related to property ownership. The hosts share insights on leveraging HELOCs strategically, including a concept they call "Moneyball Banking." This strategy involves utilizing HELOCs based on Moneyball principles to gain a financial advantage for investing in additional real estate.

Overall, the podcast aims to educate listeners on the value of HELOCs when used wisely, providing practical tips on how to qualify, apply, and make strategic financial decisions with Home Equity Lines of Credit.

Chapters: 

00:00 Merry Christmas!

1:30 Football 

4:00 What's a HELOC?

9:35 Simple math

17:55 Should you do it?

22:00 Over time

26:00 Discipline 

29:49 Moneyball Banking

Episode 101: Kevin and Steve emphasized that only 5% of Americans are engaged in real estate investment, linking this to the mindset of consumers versus producers. They argued that the wealthiest individuals thrive because they invest, build businesses, and provide services. The conversation touched on the impact of stimulus checks, with a prediction that the money would ultimately end up in the hands of the top 1% due to their investment mindset. The hosts encouraged listeners to shift their mindset, overcome fear, and take steps towards real estate investment, citing tax advantages and a wide-open opportunity. The episode concluded with a passionate call to action for individuals to expand, become producers, and recognize their God-given right to thrive.

The Replace Your Income Podcast is geared towards regular individuals seeking financial empowerment through real estate investment. The hosts, Kevin and Steve, target those who may have hesitations or uncertainties about venturing into real estate. The podcast addresses common barriers to entry, offering insights, strategies, and success stories to inspire and guide listeners.

The discussions on real estate in the podcast serve a dual purpose. First, they aim to shift the mindset of potential investors, encouraging them to overcome fear and take action. The hosts stress the importance of becoming producers in the real estate equation, highlighting the potential for financial growth and the positive impact on household income.

Second, the podcast delves into practical aspects of real estate, such as tax advantages and market opportunities. By providing information on how to navigate the real estate landscape, the hosts empower listeners to make informed decisions and take steps towards building a real estate portfolio. Overall, the Replace Your Income Podcast serves as a resource for those looking to transform their financial future through real estate investment.

0:00 - Happy Holidays!

2:30 - Statistic 1

11:12 - Monopoly

13:44 - The Rich

19:40 - Statistic 2

28:30 - Thriving Economics

31:50 - Statistic 3

35:15 - Who Profits

Cheri shared her real estate journey, emphasizing the power of buying property early and holding onto it. She discussed her experience with a property in Kissimmee, Florida, purchased in 2014 for $108,000, which has appreciated significantly over the years. Cheri highlighted the importance of due diligence, working with credible partners, and the impact of having a good property management company. She also touched on the stability and benefits of her investment, providing valuable advice for those considering real estate. The episode showcased how even a single well-managed property can have a profound impact on one's financial future.

0:00 Into

4:50 Seller Concessions

9:50 Introducing Cheri McCurdy 

15:50 Planting a Shade Tree

24:00 Magical Money Machine

29:40 Typical Client Experience 

In Today's episode of the Replace Your Income Podcast, hosts Kevin Clayson and Steve Earl engaged in a comprehensive discussion touching upon various aspects of financial literacy, credit management, and amortization. The episode also featured Kevin's exciting purchase of a Tesla Model 3, which served as a practical example for exploring tax advantages and strategies within the context of investments.

The hosts began by emphasizing the importance of financial literacy, shedding light on how a solid understanding of financial principles contributes to making informed decisions. They underscored the significance of comprehending concepts such as credit management and amortization, both of which play crucial roles in financial planning.

The hosts passionately shared their belief that all roads lead to real estate when it comes to building lasting wealth. They elaborated on the numerous benefits and opportunities that real estate investments offer, emphasizing their potential to create passive income and financial security.

Throughout the episode, Kevin and Steve aimed to empower listeners with practical insights and actionable strategies for achieving financial independence. By integrating tangible examples, including Kevin's Tesla purchase, the hosts effectively bridged the gap between theoretical financial concepts and real-world applications.

In summary, the episode encapsulated a holistic approach to financial literacy, credit management, and amortization. Through engaging discussions and relatable examples, Kevin Clayson and Steve Earl provided valuable insights to help listeners navigate their financial journeys and leverage the power of real estate for lasting wealth.

Chapters: 

0:00 - New Car

3:50 - Financial Literacy 

10:25 - Debt vs Leverage 

18:30 - All Roads Lead to Real Estate 

19:50 - It's About What You Keep

23:02 - Credit

31:43 - Closing Thoughts 

Read me for the summary of the chapter summaries of Micro Wins to Millions (Principles 4-12)!

Principle 4: The Power of Leverage In this chapter, Kevin and Steve explore the concept of leverage, challenging common perceptions. They emphasize that everyone leverages resources, whether it's knowledge, technology, or expertise. The principle encourages utilizing given advantages to maximize results while minimizing effort, showcasing the application of leverage in real estate, especially through mortgages.

Principle 5: Success Mapping The idea of starting from where you are is crucial in this chapter. Kevin and Steve highlight the importance of creating a personal game plan, establishing goals, and reverse engineering the path to achieve them. Success mapping involves recognizing your current position and strategically planning the journey to your desired destination.

Principle 6: Success is Earned, Not Given The authors stress the significance of acknowledging micro wins along the journey. They introduce the heart of the Moneyball real estate formula, revealing their secret sauce. While success might only be visible once achieved, they emphasize the continuous effort, application, and execution required, making success an earned accomplishment.

Principle 7: Keeping Proper Perspective Shifting one's view to reveal success is the essence of this chapter. Kevin and Steve delve into market selection as a critical aspect of real estate success. They discuss the importance of maintaining the correct perspective, concentrating on choosing the right markets, properties, and conditions that lead to desired results.

Principle 8: Success is Magically Formulaic In this chapter, Kevin and Steve demystify success, likening it to magic created through repetition. They emphasize the significance of doing the right things consistently, especially in real estate. The authors reveal their property analysis framework, showcasing how measuring specific numbers leads to powerful and seemingly magical results, transforming real estate singles into income-replacing assets.

Principle 9: Trust the Experts to Do Expert Level Work The chapter underscores the importance of delegating tasks to experts. Kevin shares a personal perspective shift, embracing his lack of expertise in certain areas and focusing on his strengths. The real estate application advises relying on expert real estate teams for services, allowing individuals to concentrate on their strengths while seasoned professionals handle the complexities of real estate management and strategy.

Chapter 10/Principle 10 - Do It Now

The podcast emphasizes the critical principle of taking action immediately for success.

Urges listeners not to wait for the "perfect" moment but to start their journey now.

Highlights that waiting for ideal conditions might hinder progress, and success often comes from seizing opportunities in the present.

Shares real-life examples and anecdotes illustrating the impact of immediate action on achieving goals.

Chapter 11/Principle 11 - Beyond the Benjamins

Explores the principle of living a fulfilled life beyond the pursuit of wealth.

Discusses the distinction between accumulating money and achieving economic independence.

Encourages listeners to define their own version of economic independence rather than blindly pursuing a monetary goal.

Illustrates the concept with stories of individuals who have found contentment and success by focusing on holistic life satisfaction.

Chapter 12/Principle 12 - The Power of One

Delves into the profound impact that a single choice, represented by "The Power of One," can have on one's financial future.

Discusses the ripple effect that owning one property can create, not only transforming individual financial situations but also influencing future generations.

Encourages listeners to recognize the significance of their choices and actions beyond immediate outcomes.

Shares practical insights and examples of how the power of one property can be a catalyst for lasting change and financial security.

Podcast Chapters: 

0:00 Introduction 

1:00 What's on Deck

4:15 Principle 4

7:20 Principle 5

10:30 Principle 6

13:40 Principle 7

19:00 Principle 8 

22:25 Principle 9

25:35 Principle 10 

29:40 Principle 11

33:20 Principle 12

Microwins to Millions by Kevin Clayson and Steve Earl

Dive into the timeless wisdom of "Microwins to Millions," where Kevin Clayson and Steve Earl unlock the secrets to a meaningful and victorious life. This book is not just a roadmap; it's a timeless guide that you can revisit in 20 years, applying its principles to every aspect of your life—be it business, love, or personal growth.

In Chapter 1, "Stacking Microwins," the authors reveal the power of accumulating small victories to construct monumental successes. It's not about thinking small; it's about thinking big and executing the little things that lead to extraordinary achievements. The philosophy is clear: stack microwins, and you'll find yourself exactly where you aspire to be.

Chapter 2, "Celebrate the Journey Not the Arrival," emphasizes the importance of finding joy in the journey itself. Kevin and Steve share personal experiences, from Steve's incredible journey to qualify for the Boston Marathon to Kevin's honeymoon in Hawaii. The narrative challenges the common focus on the destination, urging readers to savor each step along the way. Work isn't just a means to retirement; it's an opportunity for fulfillment. Kevin's realization during his honeymoon echoes this sentiment, highlighting the importance of enjoying the journey rather than fixating on reaching the destination.

Chapter 3, "Reframing Progress," measure progress not shortcomings. Read also, The Gap and the Gain by Dr. Benjamin Hardy. The gap is where we measure our current selves with our ideals. There is another way. You can measure backward! 

In essence, these initial chapters are a compelling invitation to measure progress not solely by the endpoint but by the richness of the journey itself. "Microwins to Millions" is not just a book; it's a philosophy of stacking victories, celebrating each step, and building a life that resonates with meaning.

Chapters

0:00 Introduction 

3:37  Background

8:03 Quick market update

11:05 The principles we teach

19:58 Principle 1

21:45 Principle 2

28:38 Principle 3 

33:08 Close 

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Income replacement for you and your family may only be one property away!