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In this episode, we are going to talk about insurance.  There is life insurance and death insurance.  Today we are focusing on life insurance. Today I am joined by Jason Henderson.  Jason is an insurance expert who is going to talk about why you need life insurance.   In this episode, Jason shares everything you need to know about cash-value insurance.  He shares ways to get started as well as questions you need to be asking yourself to take advantage of extra cash flow now.  He also talks about the numerous benefits including more cash flow and tax benefits.   Show Notes: [01:09] You need a trust to avoid probate.  You need a doable power of attorney with everything going on with COVID. Life insurance is going to recession-proof and economy-proof your portfolio.  A lot of people are too heavy in one asset class.   [01:35] Jason has been doing insurance work for about sixteen years previous to those years he was a scientist.  [03:05] Jason shares why he pivoted from science to insurance.  [03:58] Insurance isn’t a necessary evil.  It is an asset.  [04:44] There is a different type of life insurance where you actually become the first beneficiary of the policy.  It is a type of insurance meant to help in tough times so you are able to do what you set out to do in life.   [05:30] With this type of insurance you are actually buying a portion of the insurance company that can be sold.  It is an asset that is guaranteed to increase in value every single year.   [07:24] Cash-value life insurance is not changed very much based on the current presidential administration.   [08:11] The death benefit comes income tax-free to your beneficiaries.  [09:28] Cash-value life insurance already has disability and long-term care built into it.   [11:01] A policy can be designed toward cash value accumulation or towards death benefits.   [11:55] If you design it right a major portion of your first year’s premium is going to be available in cash for you to use.  Each year you are going to have access to even more.  [13:57] Most people when they talk about life insurance they talk in terms of death benefits.   [14:27] It is all about the cash and using that cash to build wealth in other ways.  [16:18] We always want to avoid being audited.  We don’t want to do anything to get sideways with the IRS.  [17:35] Click here to schedule your appointment with Jason.    [18:24] There is no right, wrong, absolute answer in the financial and insurance industry. There is the individual answer.  [19:42] You NEED some insurance. If you owe someone or love someone you need insurance.  [20:10] The other part is how much do you want to deposit each year and have access to more money? [21:58] Jason shares some of the questions people need to be thinking about prior to scheduling a call.  [24:17] There are two types of insurance companies.  There are stock companies and mutual companies.  [25:09] It is sometimes called participating insurance because you participate in the company profit.   [27:13] Grab an appointment with Jason and figure this out.   [29:06] People need to be extremely strategic with their money and where they are going to put it given the new administration.  [29:20] The world is your oyster.  This makes everything possible.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Schedule an Appointment with Jason  

Today I am joined by Ken Starks.  Ken specializes in mortgages.  This episode is packed full of great information if you need a mortgage or will need a mortgage in the recent future.   In this episode, Ken shares everything you need to know to make sure your finances are in order to qualify for the mortgage you want and achieve your end goal.  He shares common pitfalls he sees and ways to prepare to qualify for a mortgage. He also shares how his team can help you meet your goals and his outlook on what the future holds.    Show Notes: [01:22] Rates are extraordinary right now. They are beyond all-time lows.  [02:49] If you are going to be financing any real estate you want to do that before you finish up your W-2 job.  [03:31] Properly filing your taxes so you can qualify for what you want is key.  [04:34] Right now equity is high and rates are very low.  [05:13] On a first mortgage the highest any mortgage product will go is 80% of your value on a cash-out loan.   [05:45] It is about money rules in terms of deciding what is right for you. Following those money rules is key.  [06:08] Ken is able to openly shop vendors for the best possible rates and fees for your scenarios.  [07:00] During COVID, guideline overlays became extremely common.  Minimum credit scores FHA and conventional loans have never changed.  Individual lenders have applied overlays on top of their minimums.  [08:44] Ken shares about his background. After 9-11, he got into the mortgage business. [10:31] Many things come up when you are trying to develop a mortgage strategy for whatever your end goal is.  [10:58] If you took forbearance, you need to be out of it when you are ready to take a loan. You want your forbearance to be invisible because that is considered delinquency.  [11:27] Fannie Mae allows for one full year of self-employment before they will do a loan. Depreciation is your friend as an entrepreneur.  [12:24] New credit and high balances can easily sway a credit report 40-50 points.  [14:29] You cannot have a loan in forbearance and close on a new mortgage.  It depends on what type of mortgage you are trying to do that depends on how long you have to wait until you can close it.  [16:01] This is no inventory.  Rates are amazingly low which is stoking demand.  [17:26] Demand is outpacing supply, even for new builders.  [18:29] The first step with Ken’s team is to talk through your goals and see what you are trying to accomplish, see where you are with credit, and figure out where you might be with income qualifying.  [20:14] It is hard to know what the future looks like.  There are many factors that can affect the future.  [22:14] Commercial investments are a little bit different now.  When people have very complex finances as an individual, once we understand those things it is very easy to layer into the commercial needs that they might have.  [23:03] Schedule your call to meet with Ken’s team.  [23:13] There are so many markets you can invest in. [24:04] Say yes and figure it out.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Schedule an Appointment with Ken

Welcome to the weekly market awareness broadcast with Loral and the Integrated Wealth Systems team. Mike Alden is joining Loral to discuss his path from the projects to law to making investments that have earned him immense wealth.  He’s sharing why his failures in business are what led to some of his biggest windfalls and how he’s used them to grow his portfolio. He’s also adamantly against succumbing to “if only” syndrome and what he views as true failure. Keep an ear out to learn about Mike and Loral’s next business ventures together and how it's your connections that lead to big money deals. Show Notes: [01:51] Welcome Mike Alden to the show and hear about his journey.  [03:48] His path toward law and his “big business” moment.  [07:00] He started his first business in the wreck of the 2008 economy, but he had connections.  [08:28] What he spent his first big bucks money on.  [10:11] His biggest expenditures have been making big investments in himself and taking huge monetary risks.  [12:17] Loral shares how she and Mike are going to be partnering in a new company.  [14:00] You need to steer clear of “if only” syndrome. Learn why! [16:25] Mike shares his favorite investment wins and why they worked.  [16:59] Plus one of his biggest mistakes in investing back into his business.  [19:57] Learn more about his fail-safe in his business and the new book idea Loral is mulling over. [20:53] One of the things Mike hates the most about his home investment.  [22:15] Mike shares some of the catastrophic events that have happened in his business.  [25:09] Mike shares his biggest brands that we can follow and pinpoint to him.  [27:29] Why your product is secondary to your messaging.  [28:37] Hear Mike’s tips and strategies for growing no matter where you’re at in the world or in business.  [30:46] Transcendental meditation has truly changed his life. [31:17] Connect with Mike. Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up The Power of Habit by Charles Duhigg Mike’s Website Mike on Instagram

Download Bob and Loral's EBook Offers This episode is part two of a two-part series with my long time mentor, Bob Proctor.  I am privileged to bring Bob on this episode of the podcast.  If you haven’t listened to part one in this series be sure to go back and listen to the first part of our amazing and life changing conversation. It is astonishing what is coming up in part two.   In this episode, Bob shares about the importance of thinking about the possibilities instead of our limitations.  He also shares about helping children learn about their potential at an early age.  Bob also shares how visualizing where you want to be in your head can lead to holding it in your hand.   Show Notes: [00:55] Bob shares about his most recent book, The Art of Thinking.   [01:08] Most people don’t think at all and it is the highest function we are capable of. We have a marvelous mind and there is a power flowing to and through us.  When that power flows into our consciousness, we give it direction.  Most people have a program already written in their mind and that program controls their behavior.   [03:18] You can spend time thinking about what is wrong and how you can’t or you can spend time thinking about what is right and how you can.  [05:36] We let our limitations control us rather than our possibilities.   [06:20] Everyone of us has infinite potential locked up within us.  If we can build a vision in our mind, we can execute it.  Don’t spend a second thinking about why you can’t.  [07:32] When a child is born, we don’t focus on their potential.  We look more about what they are doing then what they are capable of doing.  We don’t teach them much about their potential.   [08:22] If I can see it in my head, I can hold it in my hand.  You can get everything you need to build whatever you can visualize in your mind.   [10:37] We can all build images.  We are image makers.   [11:17] You say yes and you figure it out.   [12:35] How many of you act on those gut instincts?   [14:18] Decision is going to direct you where you are going.  Most people shy away from making decisions. We have an amazing imagination.  [15:53] Everybody is creative.  We have phenomenal powers locked up within us.  [18:26] That creative urge flows to and through us. We have these urges that are powerful and we have to learn how to control and direct them.  [19:25] Bob shares the second book that has been most valuable to him.  [20:19] You have more power, talent, and ability within you then you will ever dream of utilizing.  [22:34] Listen to somebody that has already made it where you want to be and do exactly what they tell you until you find out they are lying or don’t know what they are talking about. [24:29] We fail our way to our goal.  Keep your sight on the target you are shooting at and correct as needed.   Links and Resources: Download Bob and Loral's EBook Offers Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up

Download Bob and Loral's EBook Offers I am so privileged, excited, and honored to have with you my mentor for decades.  We have made millions of dollars together.  I am privileged to bring Bob Proctor on this episode of the podcast.  This podcast is about making money, keeping money, investing with a team, and none of it will happen if you don’t know how to think and stop the behaviors we talk about.  This episode is part one of a two-part series.  We talk about the importance of writing your goal down, turning your want into a desire, and being emotionally invested in your goal. Bob shares about his transition from cleaning floors to personal development and training the world.  He shares about his first audio and his next production steps. You don’t want to miss what we talk about next in part two.   Show Notes: [01:26] Nobody is self-made. We have team-made millionaires.   [02:40] Bob shares where and how he made his first million dollars.   [04:47] Bob’s mentor told him that he had to decide exactly what he wanted, write it on a card, and carry the card in his pocket.  He has carried a card in his pocket ever since that day.  [05:35] If you write a goal down, you don’t have to believe it. If you write it out, carry it with you, and you read it often enough you will start to believe it.    [07:01] Success is 5% strategy and 95% mindset.  [08:58] We have to get on the frequency that the good we desire is on. Nothing is created or destroyed.  Everything is already here. As you get on the frequency of the good you desire, it starts to move toward you and you start to move towards it.  [11:36] You don’t get what you want. You get what you desire.  [13:29] The picture that you hold in your mind controls the vibration you are in then that dictates what you attract in your life.   [14:59] You want to get away from mentally dealing with debt. If that is what you are emotionally involved with, that is what you are going to attract.  You have to get rid of the idea.  [17:01] If a person has debts, they have got to set up an automatic debt repayment account.  A portion of your income goes into that account and you don’t spend any time thinking about it.  It is all automatic.   [17:47] Get your head out of the debt and focus on earning money.  If you focus on earning money you are going to start to attract ways to do it.   [18:44] Bob shares about his transition from cleaning floors to personal development and training the world.    [20:28] It is a matter of deciding what you love to do and dedicating your life to it.  Most people never figure out what they love to do.   [22:01] You have to focus on what you want.  [23:26] You don’t learn from winning.  You learn when you lose.   [24:38] When a problem comes up find the good in it.  If your problem is big then you have a big opportunity.  Take your eye off the problem and look at the opportunity.  [27:04] Bob shares how his first audio, You Were Born Rich, came about.  [28:57] Money goes where it is invited and stays where it is welcomed.   [31:11] Bob’s his next steps after creating You Were Born Rich including the video series. Then he started creating programs instead of books. [32:19] Everybody has a book in them.  It is a matter of developing the confidence to know you have something worth communicating.  The first thing you need to develop is the confidence that you know you have something worth communicating. Then you have to develop the confidence to get it out there.    [32:58] You are painting a picture in words that you already have in your head.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Download Bob and Loral's EBook Offers

This episode is the last part of our five-part series on luck versus intention. To wrap up luck versus intention we will be presenting some material about entrepreneurial leadership with Martha Hanlon. This is great capstone content to our luck versus intention series and showcases the level of education and content available to big table members.   In this episode, Martha shares all about entrepreneurial leadership.  Martha shares a strategy for looking at the hours you work in your business and where you are spending your time.  Then she shares three key questions for building the entrepreneurial leadership you need to move your business forward.  Show Notes: [01:17] To wrap up luck versus intention we are going to be presenting about entrepreneurial leadership.    [03:06] Loral and Martha share about past big tables and alumni meetings.  [05:24] The piece that you must bring to your business is leadership.  [07:12] We have a tendency to not spend very much time in our business leading.   [08:32] How many hours on average, do you work in your business? Then divide those hours into each section of the pie.  [09:27] Often we don’t have a lot of time in strategy and planning.  If you don’t have time in strategy and planning you don’t know where you are going, the path to take you there, or how to lead your team.   [10:43] If you don’t bring someone else to do some of the fulfillment your business is only going to grow so far.  The only way to grow is to add more hours to your day or increase your prices.   [11:22] When you lead people well they will be able to do the work, maybe even better than you.  [12:14] In order to elevate your value to your business, you are going to have to drop some sandbags.  You can not elevate if you are being weighed down.   [13:09] You have one responsibility as a leader.  You are responsible for those around you to rise up.  [14:14] That rising up starts with yourself, and then moves to your team and then moves to your customers and then to your legacy.  [15:06] If you are a creator your focus is the passion you have and your role is going to create it.  [15:58] Technician’s value is the time and effort they put into the business. Their role is to control the business.   [17:23] As a leader, your focus is thinking, vision, and building trust.  You can not outsource things to anyone.  Your number one responsibility is to inspire.  [18:33] Leadership has stages.  [20:20] Vision, building trust, and putting a plan together is your responsibility.   [21:17] The stuff that is below your value needs to come off your plate.  [22:38] First, trust in yourself and then work for your team to trust you and you to trust your team.   [24:30] Whoever you bring into your wealth plan needs direction. [25:06] What if your only job is to be responsible for rising up for this year? What are the only things that would be on your plate? What is required for your team to rise up? [25:33] Your results will manifest when you lead yourself, your team, your clients, and your legacy.  This is your role.   [25:47] Make sure you are always measuring those results, so you know you are on your way to your goal.  Then you know where to go to make improvements.   [27:14] Action to take: Do you pie chart and answer the questions we discussed.   [28:39] You can be working on your 2021 goals with intention.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Luck or Intention Contest Martha’s Website

Welcome to the weekly market awareness broadcast.  We are continuing our luck versus intention series.  We are talking about getting you the financial results you are looking for.  In part four of the luck versus intention series, we are talking about future pacing.   In this episode, Loral shares all about future pacing.  Future pacing is planning to a detailed level that most people don’t sit down to do. Loral shares what exactly future pacing is, what you need to be doing, and how it will affect your business and life.  She talks about how to start with your goal in mind and reverse engineer to be successful and meet your goals.   Show Notes: [01:40] We are talking about luck and intention and how do you have both.   [02:13] If you don’t have a business plan you’re not going to get anywhere. [03:43] Thomas shares about the Luck or Intention social sharing contest. [06:02] We are in part four of a five-part podcast all about luck and intention.  [07:43] When you have intention, you are clear on your financial IQ, and you are clear on what you are going to create, future pacing is required.  [07:55] You are going to future pace your year.  [09:07] Future pacing does require a calendar.  [10:09] Go out 365 days and reverse engineer your success.  [12:43] Get to that core funnel and just keep repeating it.    [15:15] All of you need a calendar association to your production. What do you need to start doing based on your last month’s production? [17:21] In future pacing, your calendar is number one. Put in all the revenue-producing activities first.   [18:41] As the leader of your organization, future pacing is everything. [21:37] Get the leads in your funnel, pipeline them through your funnel, and get them to buy things through your funnel.   [23:21] You are leading the pace of all that is coming in the future.  It is a significant activity that most leaders don’t do very well.  [24:48] Does everyone on your team know what you are doing? [25:42] It starts with a calendar and every broken-down task that has to be on the calendar. [27:11] You’re going to time block your day.  What are all the things you need to do and how do all the things get the coverage? What is everything and how does it fit? [28:14] Future pacing is planning to a detailed level that most people don’t sit down to do. Overlay future pacing with Building, Leading, and Protecting. [30:05] Planning a month at a time is not enough.  Get out further.  Have your coaching planned and in your calendar.  [31:41] You need goals for the month, week, and day.  Notice the one thing that moves you forward every day.  What is the skill and habit you need to work on? You need to have knowledge of what you are grateful for.  [32:34] When you do your business plan you will start seeing strategies and tactics so your strategy is the big thing and then your tactics are everything it takes to get it done and the team it takes to get it done.   [34:01] Future pacing is a reverse engineering activity.  You set the goal and date and back into it with everything that needs to happen.   [35:40] All eight areas of your life should be getting into the calendar.   [37:29] This isn’t about filling up a busy schedule.  It’s fitting in the things you want.  [38:16] Projects are one thing and process is another.  When you’re future pacing you are designing a process.   [39:47] It is okay to park things, say no to things, and restructure things.   [40:46] Get involved in the Luck or Intention social sharing contest. [41:48] Leadership is never done.  It is a constant work in progress.   [43:34] Check out the Millionaire Maker Meet-Up and Marketplace.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Luck or Intention Contest Building, Leading, and Protecting Your Business Millionaire Maker Think and Grow Rich Power Vs. Force

Welcome to the weekly market awareness broadcast.  We are continuing our theme of luck versus intention.  Being successful is an intention on your behalf about not just the luck of the draw. In part three of the luck versus intention series, we are talking about self-management.   In this episode, Loral shares all about self-management.  She shares how self-management can affect your life and business.  She also shares techniques to self-manage your life and be successful.   Show Notes: [01:04] Being successful is an intention on your behalf about not just the luck of the draw. What is your intent toward money in 2021? [04:01] Thomas shares about the Luck or Intention contest.  [05:23] If your intent is to be an entrepreneur and have additional streams of income and have the ability to reduce your taxes, you have to get incorporated.   [06:21] You need to be pre-selling on a daily basis so money is coming into your account regularly.   [08:41] Most people live their life with luck. People choose unhappiness over uncertainty.  [09:33] Self-management is your ability to compartmentalize.  Put your life into compartments.   [10:39] Decided is done.  You have an intention and it is what you are going to do.  [11:34] Whatever is going on emotionally or distracting you, you have to put things into boxes to put on the shelf and come back to.   [13:43] You can’t bottle things up and never deal with them.   [14:21] The first technique is to compartmentalize, put it up on a shelf, then go back to it and clear it out.     [16:02] Get in the moment and be super clear of what your intentions are.   Self-management is giving it your all at the moment.   [17:42] Self-management is about having enough team, systems, and structure that you stay on track.   [19:11] Think about how many interactions of indecision you allow and tolerate because you’re not self-managing your space, your state, and your environment.  [20:51] It is a priority if there is a direct correlation to a result in your checkbook, an investment, a deal, or your life moving forward.   [21:36] What is the highest best use of your time? [22:00] Self-management is a habit of success.  [23:14] Sequences your day will sequence your result.  Be your personal best! [25:01] When you live intentionally things will fall into place.   [26:03] Become that person that people can know, like, and trust in a category. Attract supportive people.  [29:56] Ultimate self-management is knowing how to set things for your day that you’re going to nail. [31:52] You are the only person that can determine what is significant and intentional to you. In all areas of your life, you want to have self-management.   [33:56] Who is your tight circle?  It should be your mastermind group or coach.  [35:40] The big table is a smorgasbord to help you in all areas of your life and business. [38:13] Get involved in the Luck or Intention social sharing contest. This is a contest based on intention.   [40:23] The best way to buy cryptocurrency is through your Roth.  [43:14] Bring a calendar next week!  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Expression of Your Power Yes Energy Luck or Intention Contest Millionaire Maker Wealth Journal

Welcome to the weekly market awareness broadcast with Loral and the Integrated Wealth Systems team. This is a continuation of our Luck vs Intention series and we are digging deeper into the meaning of intention. We are also sharing more about the difference between being casual and committed.  Your emotional and financial IQ feed into your current intentions. The goal of this series is to help you get your finances and intentions in shape so that you can reach the next level of financial intelligence. Here’s a question to consider as you listen through this episode. If you aren’t making money every day, how could you possibly reach the goals that you intend?  Show Notes: [01:21] Welcome Loral to this episode of Luck vs Intention and answer the question, what is your number one intention?  [04:24] Are you committed or casual and what does that mean?  [07:23] When we talk about intention we’re going back to the good old great. Learn more. [09:25] We are intentionally not taught about money in our school systems. Loral talks about entrepreneurship and how she teaches on it. [10:42] Are you doing what you say you’re going to do every day?  [13:29] How your financial and emotional IQ impacts your intention and outcomes.  [16:04] Go through your day, hour by hour, and evaluate how you are driving yourself to your intention. [18:47] Learn more about the eight areas of your life and how you can get them in shape. Focus on the most in need area first. [22:42] How do you get intentional about making money every day?  [24:48] What are you committed to doing every day to start reaching those higher levels? Practice repetition. [26:37] One of the questions from the audience, where do you find 21 people a day when you’re just starting?  [29:42] Learn some additional ways you can start digging deeper into your intention. [32:01] Faith, confidence, certainty and dreams. Are you confident in what you deliver?  [34:18] What are your gifts and talents? Stay in your wheelhouse and you’ll find more success.  [36:48] The homework you need to do to really dig into your intention. No matter when you hear this, the topic is still pertinent. Roll up your sleeves and get to work. Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Emotional Intelligence by Daniel Goleman Yes! Energy by Loral Langemeier Think and Grow Rich by Napoleon Hill 

Welcome to the weekly market awareness broadcast.  We are kicking off our theme for March: Luck or Intention.  Many people talk about luck during the month of March, but we are going to tell you that you don’t want to be lucky, you want to be strategic and have a life full of intent.  In this episode, Loral shares the difference between luck and intention  She also shares how you become intentional in your business to get the results you are looking for.  Your first intention is to start making money. Then she wraps up the episode answering your questions.    Show Notes: [01:29] What are your intentions for 2021? Commitments and intentions are very similar. We want to make sure you are very intentional and committed to your behaviors every day.   [02:53] If you are not getting a different result, there is something in your system that is not working.   [03:56] It is not luck whether you are making money or not, it is intention.  [04:35] Once you start making the money, you have other intentions like reducing the taxes, getting a double-digit return, and learning to do a six-figure summit. [05:19] So many people are letting inherent behaviors take over and are not really committed to getting a result. If you are committed to getting a result you do what it takes.  [07:11] Luck has no data, intention has data.    [08:00] Get very clear, what is going to get you results? This month is intention month. Let’s eliminate luck altogether.  [10:59] All this is great information until you do something about it. [11:57] Loral shares about the Luck or Intention contest.  [13:34] In the Luck or Intention contest, the winner is the person with the most points.   [16:09] Anyone can win the contest, but you have to have the most points.   [17:48] Show me your checkbook and calendar and that will show me what is important and intentional to you.   [18:55] Surround yourself with a team with different skill sets and get intentional.  [19:25] It is back to the gap analysis.  There has to be the right tension in a gap before you get motivated.   [20:35] When the tension is right, it will drive motivation.   [22:02] We need to spend this month getting clear and breaking any patterns.     [23:45] You have to live out loud about what you’re doing and let yourself be held accountable for what you are going to commit.   [26:44] Don’t live your life by luck or chance.  Design it!  [28:01] The formula is not to replace your current job’s income to be able to leave.  You want to look at your take-home cash.  If you could make half of your take-home cash and start working for yourself, you’ll actually soar past your full income.   [30:10] Create content in a way that somebody wants to buy it.  The fastest way is bootstrapping.  Come up with an offer, make money, use that money to grow your company.  [32:39] You listen, collect the money, and then go create the thing they want and deliver it.  [33:20] Millionaires happen because you live with intention.    [33:45] Thomas shares about the affiliate and referral process.  [35:04] The number one thing that people get wrong during an ask-tell-ask is that they are not listening to what they want.   [37:59] We are going to make this a very active month with living with intention versus luck.  [40:21] There are tons of great podcast episodes coming up. Stay tuned! Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Expression of Your Power Yes Energy Luck or Intention Contest Millionaire Maker Wealth Journal

Welcome to another weekly market awareness update with Loral and the Integrated Wealth Systems team.  We are so happy to have you here.  We have a very special theme of love and money this month.  We are excited to have Eileen Galbraith on the show today.   In this episode, Loral and Eileen answer submitted questions.  They discuss how to handle a divorce and the ways the team can help you navigate this situation.   They also discuss the importance of separating your accounts and credit even if you are married.  Eileen shares about her weekly money date night and how you can learn more about implementing this in your own life.   Show Notes: [01:43] You can’t leave your commitments behind.  Coaching is crucial.   [03:14] You need to make sure everything is in place starting from the beginning of the year.   [05:01] No matter what catastrophic story you have there is quality coaching available to help you make sense of that and move you forward on your path to financial freedom. [07:01] Loral shares a funny story about her cancel party.   [08:55] Loral and Eileen answer Rico’s submitted question.  [10:34] Plan your divorce while you are still married because when it gets to that point it is not going to be a good conversation.   [11:21] You need to become very sufficient or have the proper assets to cover if the person earning most of the money leaves the relationship or dies then you are set.   [12:21] Anytime people get separated or divorced one of the first things you want to do is make sure your checking accounts are stopped.  Make sure the credit is not commingled anymore.  [14:37] Have separate credit card accounts.  Each person has an individual account and then has a joint household account that each person pays towards.  [15:19] Love and money don’t go together at all. [16:06] Everyone should have a prenup regardless of their status now.   [16:51] The one thing that is more important than money and love is love and values. It is important to have the same value set.    [18:16] You need to have the conversation and commit to your values and share that with your partner.  [20:34] The most important thing any couple can do is have a conversation around the money.  Things will improve when you're both on the same page.  Having a conversation is crucial.  [22:40] Get extremely motivated to produce for your family.  As a single parent, you can add a side hustle or build your business.   [22:59] Surround yourself with people that will lift you up and help you move forward.   [24:37] Find a community to be a part of.    [27:26] Eileen shares about her weekly money date night.  They talk about the money and then they have a date.  [29:03] It is all about the conversation with money.  You want to listen to each other and make sure everyone feels heard in the conversation.  [30:49] When you have a contract, you are committing to each other.  What you don’t agree with, you have a conversation about that. Make sure you have the contract near you.  [32:41] Our team can coach you through your divorce.   [34:36] In a divorce if you are a joint owner of a vehicle both are still responsible for the payments.   [35:41] Get the contract and get your money stories submitted.  Start thinking about having the money partner with your significant other.    [37:05] With money date nights, you are having conversations about the money, you are agreeing, you have money rules and a contract in place, and your intimacy and relationship thrive.  [37:54] Eileen shares all about the Intimate Money Rendezvous.  [38:48] You can have your money date weekly, biweekly, or monthly.   [41:02] Your conversations about money will change over time.    [42:37] Loral shares all the current marketplace deals.   [44:28] Submit your love and money story and join Loral on Clubhouse. [48:01] Email Mollie if you would like an invite to join Loral on Clubhouse.  Clubhouse is an Apple only product right now.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Love & Money Giveaway Intimate Money Rendezvous

Welcome to another weekly market awareness broadcast with Loral and the Integrated Wealth Systems team.  We have a couple of special guests that are going to be joining us.  Today we are going to be talking about your last chance of building out your financial infrastructure to guarantee your success in 2021.  With us today we have Adam Kipnes and Eileen Galbraith.  In this episode, Adam shares about marketing strategy and what you need to think about as you put that into place.  Then Thomas talks about marketing tech and digital infrastructure.  Lastly, Eileen shares about funding and utilizing capital to grow your business.   Show Notes: [00:56] Today we are going to be talking about your last chance of building out your financial infrastructure to guarantee your success in 2021. [01:34] Typically once we get out of January the momentum towards commitments and action plans fall by the wayside.    [03:08] The first step in your marketing strategy is to create your story. What is it that you want to achieve in 2021?  Get really specific.   [04:04] The second step once you know what you want to do, is to understand your strengths.  What are you good at? That is what you want to focus on.   [05:06] The third step is to supplement your weaknesses.    [06:45] Instead of goals set expectations for yourself.  Think about what you expect of yourself and raise those expectations by having a plan and story.   [07:28] The fourth step is to raise your expectations and believe in yourself. [07:35] Step five is to optimize your environment. Put yourself in the best position to meet your expectations.  [10:36] Market all the time.  Everyday should be marketing.   [11:48] Make a plan to review people who are doing what you want to do.  Watch, study, and model what they are doing.   [13:07] Once you have the strategy in place, the next step is to make sure your marketing and digital infrastructure are built out to help facilitate that. [15:01] What you all need to have when it comes to your cash machine is a simple dashboard set up so you can easily determine what is working and what needs help.   [17:11] Once the core cash machine is built then you build out the marketing elements. You actually build it all out in reverse.   [19:10] It all starts with getting the money.  Reverse engineering the revenue you want to want to project coming in.   [20:03] You want to make sure your entity is set up properly.  You don’t want to commingle funds between business and personal.  [20:18] Underwriting guidelines dictate that the day you open up your business checking account is the day your business is actually started.   [20:38] There are three different ways you can get access to capital: cash, credit, or collateral.   [21:37] Optimizing your personal credit in order to get business credit is the priority.   [22:45] You need to know where you are and where you want to get to.  [23:26] The way that your business is set up will make a difference when it comes to getting the capital for your business.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Annual Credit Report

Welcome back to the weekly market awareness broadcast with Loral and the Integrated Wealth Systems team.  We are continuing our conversation about changing your conversation about money - going from mainstreamed math to millionaire-making math as you go toward your success in 2021.      In this episode, Loral shares about passive language and taking action.  She talks about what you need to be doing to have a revenue-producing day.  Then she wraps up the episode talking about passive language and ways to change your passive language patterns so you can take actions and get the results you desire.  Show Notes: [01:17] The topic for today’s episode is passive language.   [02:10] Your big commitment for the year is critical.  You need to get your businesses to make money so you can go and invest in new assets.      [04:11] The way you are going to get your goal is to get nonnegotiable with yourself.  We are going to look at your action (what you are doing all day) and your action is supported by your language and thinking.   [04:33] Your result is supported by your action.  Your action is supported by your language.  Your language is supported by the way you think. [05:12] We have to teach you how to make money, so we are only going to talk about action and language.   [06:19] What should you be doing all day?  You need to put a lot of structure in place if you are working from home. [07:03] The first person you need to hire is home help so you can focus on your business. The second is your setter or assistant that is setting appointments and doing scheduling for you.   [07:50] Do not wake up and react to everybody’s request for your time.   Get up and have your yes energy day.  You drive your day.  [09:30] Driving your day is where am I going to go get my leads and where am I going to do at least two sales.  [10:00] Get leads, get your sales, and do your ask, tell, asks.  Those have to be carved in your day and throughout the week you have to have your fulfillment time.  [10:39] Map out your revenue-producing day.  You need to be making money every day.   [11:32] Your language can support your action faster than changing your thinking.   [12:32] Often your why isn’t big enough and your commitment isn’t strong enough so you use passive language.   [13:20] Commitment this year to never using the word “if.” If means there are circumstances and excuses that can come in.   [14:15] The past is the past.  Move forward accordingly.  [14:44] You need to be selling brief snippets of education. You need a small cost item that you can constantly sell.   [16:33] Then get your small cost item out there on the internet.    [17:19] Loral shares many passive language patterns.   [20:07] Sometimes we need to reschedule or postpone our commitment, but we can’t blow off everything.  Be mindful of the agenda of a call, the outcome, and the next step.   [20:37] It will change your entire life when you start making and keeping very specific commitments or purposely rescheduling.  [22:14] It is all about marketing sales and generating cash flow.    [23:17] The first step is recognizing that you are using passive language. Then you can do the pattern interrupt and change your behavior.    [25:19] Money is everywhere right now but you need the right team and the right plan to get that kind of capital.   [26:49] There is an upcoming cryptocurrency education that covers all the basics including how to get started.   [27:51] Go through a revenue-producing day and line it out and be rigorous holding yourself to it.   [29:00] Don’t start with buffer or excuse language.  Start with an introduction, what you do, and how you can help them.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Finish Line Special Offer

In this episode, Loral walks you through the process to help you set goals in the eight key areas and achieve them throughout 2021.  The eight key areas to success are money, business, health, spirituality, family, your significant relationship, physical environment, and fun and friends. This process is a personal and family tool.    Loral shares how she uses the eight key areas to set goals with her own children and how that has evolved over the years.  She shares the process of deciding what you want in each of the eight key areas and creating your ABC goals.  She also shares the importance of deciding what you need to start doing, stop doing, and continue doing to achieve your ABC goals.  Show Notes: [01:26] Loral shares about how she does the eight areas with her kids and how she uses stockings. It is a great way to start these conversations at a young age.  [02:31] Your career, business, and personal development are a huge part and affect your money.   [03:57] Personal development for your kids is really important.  Set goals with them quarterly.    [05:16] Your physical environment is how you organize and how you’re efficient. It also includes where you live.  Your physical environment is anything that creates the state by which you can get motivated.     [06:47] Take your home office seriously.  Do you like to go to it? Home workspace needs to be a serious consideration when you set this year up.   [07:43] Your physical environment and the way you manage it is more important than it has ever been.                                                                       [09:09] You don’t have a personal and work life anyway. If you become an entrepreneur, you have a life.    [10:39] You are going to go through and write down what you want in each of the eight areas. Look at what happened in 2020 and then decide what you want to start doing, stop doing, and continue doing.  [12:36] Are you reacting to everyone’s requests for you or driving your behavior? That is a huge shift.  [14:02] Take the eight areas and create ABC goals.  A-goals are non-negotiable and have to happen in 2021.   [14:45] There is no one that controls you and your household more than you. B-goals are second and line and you want to have.  C-goals are last and what you give up if you have to give up something.  [15:34] Do this process with your coach, mastermind, and your family.  [16:35] The next step is your gap analysis.  What did you accomplish and what do you want.  We will focus mostly on money and personal growth.  [19:31] If you have been to our Meetup and Marketplace and you are not making money you need to be in Fast Cash.   [21:42] It is critical that you learn to make money.  Go make money so you have enough money to buy an entity.  [23:07] Don’t let this year go by not knowing how to make money.   [24:26] Once you make money then we can get to the more fun conversations like how to invest it, save on taxes, raise capital, and more.  [26:05] The Fast Cash coaching calls help you sequence your revenue-producing day.   [27:10] The first step is to go to the Meetup and Marketplace. Then you go to the graduate Marketplace and get to the 100K. Then the signature process is the big table.   [28:44] Six figures is not a lot of money.  Get past the hundred thousand mark so you feel like you always have extra money.  [31:07] Check out the Kids Financial Literacy Series and Filing Cabinet. Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Finish Line Special Offer  

In this episode, Loral walks you through the commitment building process to help you set goals and achieve them throughout 2021.  We will be doing a lot of work and planning to put 2020 behind and make sure that 2021 is going to be much better and geared towards success.   Today we share our commitments for 2021, so you are able to use them as a model to help you finalize your 2021 commitments.  We also talk about the importance of a mission and what your mission should include. We will also be giving the awards from our social sharing competition and talking about how to be successful in using them.  We finish the episode talking about yes moments and value commitments.   Show Notes: [02:07] This will help you set up your year.  Tons of people won in the social sharing contest.   [03:08] There should be 2-5 things that you really want to conquer and achieve in 2021.  [04:48] Statements are not commitments.  Commitments need to be very specific.   [06:41] Integrated Wealth Systems is committed to creating and building wealth by changing the conversation about money in households around the world.    [07:17] Your mission is something you are probably not going to get done in your lifetime. You are going to take a huge initiative towards your mission.  [08:02] You really need to be committed to a mission way beyond yourself.  [08:52] Your mission should be something that drives you and gets you up every day.   [09:12] Our social sharing contest was more successful than we have ever done and more prizes than ever were awarded this year.  [10:45] Loral shares the top winners in the social sharing contest.   [12:11] Going through a marketplace event is a good start for getting started with your millionaire-maker education.  [13:16] An expert money makeover is a special award that is given away and can’t be bought where Loral and the team decide what your money makeover should be and then do the money makeover that sets you up with a plan.  [14:56] Our marketplace event is a huge tool belt that you need to know how to make money.  The next step is the graduate marketplace.  [16:04] We have two real estate tours planned for this year in March and June. We are looking to add more tours for the fall.   [18:15] The 100K blueprint modules take the guesswork out of what you need to do to make 100K.  It makes it a process. [18:28] Success is not an accident or coincidence.  There is a process for how you can get to that 100K mark each year within your business.  [20:13] Your wealth plan is the big plan and your business is an asset within the wealth plan.   [23:04] A business plan is a map.  You need a gap analysis and a business plan to know where you are going.   [25:45] Resolutions or statements are not commitments.  Commitments are SMART. They are specific, measurable, achievable, realistic, and have a time sensitivity to them. [26:20] Make a commitment and adjust it as you go.   [27:15] Get help from people that have already done what you want to do.  Sequencing is a big piece. Sequencing means doing the right thing at the right time.  Paying off debt is not what you do first.   [28:43] Make a commitment to break your pattern and recreate your money pattern this year.   [29:03] A yes moment is when you have no idea what you are doing but you look for the how and do the work.  When you say yes you look for who knows how and you build a team and project. How many yes moments will you have this year? [30:12] However you got to this point doesn’t necessarily matter, what you are doing at this moment to make the next step is what matters.   [31:17] The fastest way you’re going to change your mindset with money is to put money in your pocket and change your evidence.  [32:25] Take what you want to start, stop, and continue from 2020 to support what you really want in 2021. Don’t use the pattern you created in 2020 as an excuse in 2021.  [34:26] What are the first actions you need to take this year? Who will you model and who will hold you accountable? What excuses are you going to lay down and give up and what objections do you have to overcome? [36:06] Loral shares their value commitments.   [38:01] Until you interrupt your pattern, you’re going to get the same results.   [41:09] When markets plummet, you need to be ready with your cash, ready to invest, and with a flip account.   Get serious about the checklist now.  [41:57] Some people will make millions in the next market bounce.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Finish Line Special Offer

Welcome to the weekly market awareness broadcast and our first broadcast of the new year.  We have Randy Tate with us today.  Randy is the co-founder and CEO of iFlip, SAAS Financial Technology Company.  His passion is to empower all individuals to grow their wealth for the future through the use of AI investing technology.  We talk about commitments and why they often fail.  We also talk about how to be successful with goals and take action to achieve them.  Randy walks you step by step through the process that he uses each year to achieve his goals.  He shares about the purpose, mission, and vision for your business, the importance of sequencing, and getting your finances, taxes, and legal in proper order.   Show Notes: [01:21] Have you made your commitments for 2021? [02:34] It is the time of year when everyone is focused on taking advantage of the momentum, shaking off the holiday coma, and rocking and rolling into the new year.    [03:50] We are on a mission to change your conversation about money.  Changing it from mainstreamed math to millionaire maker math.   [05:18] Check out and join the social sharing contest here. [06:41] Statistically most people stop their New Year’s resolution by January.   [07:01] Maybe people stop their resolution because they are not committing to actions that are going to produce the result they want.   [07:19] We are only going to choose to take actions that are in service to the results we claim we want.  Most people don’t understand how to declare what they want.   [08:01] Most of us don’t want money.  We want the things that money can provide.   [09:20] Most commitments fail because you don’t know why you are doing it.   [10:54] One of the things that Randy does during the holiday season every year is take a trip to Mexico and they walk through their money rules and goals for their business and personal.   [11:52] Create milestones, so you know what is going to happen by the end of each month. Have quarter goals and evaluate them at the end of each quarter to see how you need to adjust.  [14:19] First you need to know your purpose, mission, and vision for your business.  If you’re doing things in your business that are not in service to your vision and purpose then stop doing them or redo your vision.   [15:58] Once you know where you’re going with your business, you actually need to know what is going to happen to get there and you need the milestones and strategies to do it.  [16:07] You must have in order the things you are going to do.  It is important to understand the sequence.  [16:43] When you’re building out your strategies and tactics and you put them on a milestone graph, you must have milestones that are measurable.  [17:11] Next you want to build a revenue model and understand that revenue drives everything.  Revenue is critical.  It drives everything.  [18:12] Your finances, taxes, and legal all need to be in order and properly structured in the right entity.  Your asset protection plan and insurance strategy need to be in place.  [18:43] Proper marketing will solve every problem you currently have. Marketing is about sharing with the world what you do to help them.  When you are properly marketing yourself, you are going to have constant leads coming in.   [19:34] Sales finalizes the transaction and bring money into the door.   [21:13] If you don’t have your goals where you can see them, you’re going to struggle and not achieve them.   [21:27] Leadership is everything.  You as the leader of your business are responsible for everything.   [24:23] The Building, Leading, and Protecting program is the capstone of the process of the seven steps to becoming a millionaire in 3-5 years.   [26:12] Take advantage of the Finish Line offer here.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up Finish Line Special Offer  

Welcome to the weekly market awareness broadcast. In this time after Christmas and before New Years’ everyone is looking at their year in review.  What are you committing to in 2021?  We are going to be talking a lot about commitments and changing your mindset away from that mainstream math to millionaire-making math.  We are going to focus on the eight areas you need to be reviewing and making commitments in to be successful.  Scott Arden is joining us on this episode. He talks about entities and why they are critical to save 2020. You either save 2020 or you are going to get killed on taxes.  Show Notes: [01:03] What are you committing to in 2021?  We are going to be talking a lot about commitments.  [02:11] You need to be completing 2020. In this episode, we are going to be talking about some things you need to be doing so you can see if you are caught up.   [02:25] Your commitments need to be SMART commitments: specific, measurable, achievable, realistic, and time-bound.  [03:51] Check out and join the social sharing content here. [05:08] Over 80% of New Year’s resolutions fail and they usually fail because there is a lack of commitment and sequencing.  [05:31] Sequence is important because it is building on one another and one thing you should be affecting the next thing.  [06:06] We will plan all of next year as we head into next week.   [07:01] Sequence is critical.  We look at what you are doing and put it in the right order.   [07:44] The eight keys to success are money, business, health, spirituality, family, your significant relationship, physical environment, and fun and friends. [09:56] Set goals in every one of these key areas, but keep it to three things in each area.  Then you can focus on two a month in 2021.  [10:53] When you are not feeling motivated it is usually because of your gap.  Where are you and where do you want to be?  It has to have the right tension.  [11:39] As you review 2020, what do you need to start doing, stop doing, and continue doing?  [12:31] Next do a baseline of where you are versus what you want and set the right tension in your goal setting.  Then you move on to your ABC goals.   [14:45] Do your commitments, go through these activities, and then we are ready to work through your plan.   [17:27] It is extremely imperative to have an entity to take advantage of the loans and stimulus.   [18:07] If you want to take advantage of certain write-offs and deductions the only way to do so is to have that entity established in 2020.  [20:04] The most common entity that they establish is an LLC.  They have a lot of flexibility.  It is one of the most widely used entities nowadays.   [20:55] LLC’s are the most common.  It is a great vehicle because of the flexibility with taxation and it can also be owned by other entities.   [21:41] If you’re just starting out and don’t have a partner you probably want to look at an S-corporation.  It is going to provide the most tax benefits and protection with a liability issue.  [22:31] If you’re making a lot of money, have property, and you want to separate it from your personal return then you start looking at a C-corporation.  You pay taxes on what you are paid and the company pays taxes on the rest.   [23:54] Set up a time to talk with Scott about your entity here.  [24:44] The compliance requirements are the same in the US and Canada. [25:25] If you want to take advantage of entities, take that leap.  If it is on your checklist, just get it done.  Start 2021 off right! Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up New Year New You 2021 Schedule a Time with Scott  

Welcome to the New Year New You part two episode. This is a way to end the year and begin a new year in an active structure. You have to get your structure together and make sure 2020 isn’t a loss. In part one we focused on commitments for 2021. We also talked about the difference between commitments and resolutions and why you need commitments to get results. In part two we are talking about the eight keys to success.  Then we talk about prioritizing and sequencing important actions in those areas to create goals and see results.  Show Notes: [01:03] There are eight keys to success.  We want you to design your life the way you want it.   [01:41] Your core values drive the priority of these areas in your life.  [02:19] The eight key areas to success are money, business, health, spirituality, family, your significant relationship, physical environment, and fun and friends.  [03:43] Get outside. The physical environment can do so much for your mental, emotional, and physical state.  [04:05] Look at each area on a scale from 1-10.  How are you in that area today? Give yourself a score in each area.  This is what you need to set commitments for.  [04:42] What is the action that is going to create a result to get you to a ten in that area? Choose the top 2 or 3 action steps to take in each area. [07:41] Go through each area and score yourself today. You can’t attack all of these at once.  You have to spread it out and sequence it.  [09:01] We are going to be your team. This team is critical for you.  Who else do you know you need to add to your team? [10:12] What are one or two things that you need to learn about on the wealth side in 2021? [11:16] As you look at those eight areas of your life, what do you need to start doing, stop doing, and continue doing? This helps you build your action plan in those eight areas.  [12:52] You need to get really clear on what it is like to work at home.  How do you work in a more efficient way? [14:05] Once you have your eight areas, you prioritize and sequence.  Decide your A goals, B goals, and C goals.  A goals are the top things you have to do.  [15:31] The third technique is a gap analysis.  What did you accomplish in 2020 and what do you want to get done in 2021? [16:00] Writing down and owning your money goals is a top priority in 2021.  [18:55] When you set an audacious goal for 2021, what is the base thing you have to do? [22:01] 2021 is a great year to take advantage of the different programs and resources because we are giving you so much time and opportunities and the value is insane. [23:27] Coming to the marketplace is part of your revenue and funnel.   [24:46] We talk about the important pieces that come down to you having conversations and you making money.  [27:38] The Cash Machine is a world-class book on how to build businesses.     [28:28] Fast Cash Coaching is where we have a lot of those connect the dots conversations.  We focus on how to have a revenue-producing day.  [29:47] Isn’t making money a huge priority for you and your family? [32:31] Most people that are not making enough money are out of sequence and not persistent enough to make it happen.  [34:19] We are excited about 2021. There is no way that you can’t be successful in 2021.  [36:45] Start by sharing your commitments for 2021.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up New Year New You 2021

Welcome to the New Year New You part one episode. We have been doing this webinar for over 15 years now.  This is a way to end the year and begin a new year in an active structure. You have to get your structure together and make sure 2020 isn’t a loss. We are going to talk about commitments for 2021 in this special New Year New You episode. We are going to go through a very specific process and focus on three big areas.  We are going to start by talking all about commitments. We are going to talk about the difference between commitments and resolutions and why you need commitments to get results.  Show Notes: [01:04] Welcome to our New Year New You episode.  [02:19] Commitments need to be specific, measurable, achievable, real, and time-bound. The clearer you can be the better it will go.  [04:07] Loral shares about upcoming events including the Big Table. [06:52] You have to get your structure together and make sure 2020 isn’t a loss. [09:15] We help integrate your wealth, your system, and your team.  Our mission is to help you create and build wealth by changing your conversation about money.  [11:01] As the wealth builder and entrepreneur in your household, you have to figure out how you are going to design 2021. How are you going to stay healthy as a business? [13:54] Many people are sitting on a lot of opportunities but they don’t know how to transfer or translate them.   [14:10] You can read a book and listen to something, but the way you interpret it is based on past thought. If you don’t have a lot of experience you are processing it against a wrong baseline.  [15:36] We updated the academy to give people better access to their courses on our online portal.  [17:10] We are going to make six-figure affiliates next year. You can use Loral’s products combined with your coaching.  [19:10] Sign up to be an affiliate partner here.  [22:10] We want commitments and results, not resolutions.  [23:05] 2020 was not a failing year.  It was just a different year.  [24:39] 80% of resolutions fail and usually in the first 2-3 weeks. Resolutions lack real action and commitment.  [25:08] Actions = Results  Is what you’re doing affecting your checkbook or PNL? [26:01] Give me your calendar and checkbook and I will tell you what is important to you. [27:58] Use someone else’s stuff through affiliate or network marketing.  [28:29] You sell stuff and then you go build it.  It is a constant cycle.   [29:15] If you launch something and not a lot of people are attracted to it, you put it aside and go on to another thing. The market will tell you what they want.     [29:39] Network and use each other as resources.    [30:12] Really be clear on the action you're taking. You need a revenue-producing day.  [32:25] Our group can hold you accountable and keep you on the right track for making money.  [34:41] If you get a no, it is not a rejection of you. If it is a go, then move on.  If not, then move on to the next idea. Money is all over the place.  You just don’t know how to see it or get it yet.  [35:02] Action One: If you haven’t joined Millionaire in Training go join.  Action Two: New Year New Your Contest [37:00] Your business is one of the biggest assets of your wealth plan.  [39:10] We want thousands of people in 2021 saying “I want to become a millionaire.” [40:58] We want you making money.  When you’re successful, we’re successful.   Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up New Year New You 2021

Welcome back to the weekly market awareness broadcast.  We are talking about your fear of money and failure.  We are here to help you end this year and start next year right.  We are joined by Justin Bennett and John Howard.  Justin is a real estate guru and most of his focus is on multi-family real estate. John started his career as an investment counselor and has now moved into real estate development including alternative investments.  We talk about what is going on in the economy and give economic updates first.  Then we jump into our topic which is fear of failure. Many people use failure as an excuse to never get going.  We share some of our own failure stories and how we got through them.  Then we share practical tips for overcoming your fear of failure.  Show Notes: [01:44] We are going to be talking about the fear of failure.  [04:19] Economic update: Small business owners are getting hit the hardest.   [04:32] Justin shares about the current state in Kansas and Missouri.  [07:13] It is an economic injustice that we are fighting.   [08:04] John shares about the current state in Texas and how it varies across the state.  [08:57] It is important to support our small businesses during this time.  [11:19] A lot of people have a lot of fear these days. You’re going to have failures. [12:24] To combat failure, many times you just have to keep moving.  [12:52] Justin shares a failing story and how he walked through it.  His failure was not planning and putting the right steps into place to protect his business.  [14:20] It is amazing what you can achieve through all the different networking. We have the ability to control our own destiny.   [15:14] Failures don’t set you back to the point of no return.  It is just a minor speed bump.  [15:29] John shares some of his failure stories. He learned so many valuable lessons from his failures that still help him today.  [17:01] Things never go exactly like you think they are going to go. Things are always changing and you have to be able to adapt.  [17:19] You need to have a vision or mission bigger than yourself. You need adaptability, flexibility, and creativity to be successful.  [18:42] You are going to run into things and your attitude is going to help you get through it.  You need to reach out for help.  [20:01] The community brings so much additional knowledge than we when you are going through things alone.  [20:51] People who benefit are the people who aren’t afraid to take action and who are not afraid to fail and make a mistake.   [21:16] Planning and making decisions now is how you get ahead in life and how you get to where you want to be.  It is times like these that the educated take advantage of the situation.   [21:52] Justin shares about the most exciting project he is working on right now.      [23:01] John is excited to be helping his friends and family with the knowledge he has.  Links and Resources: Ask Loral App Loral on Facebook Loral on YouTube Loral on LinkedIn Money Rules Millionaire Maker Store Real Money Talks Podcast Integrated Wealth Systems Affiliate Sign-Up