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Sam goes over the top 8 things he has learned from investing in startups. Sam has invested in 9 startups in the last 8 years and has seen 3 exits and/or partial exits in the last six months. He'll go over the process of investing in a startup, what to look for and what to avoid as well.  Listen to ILAB 179 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – South Carolina/ IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio Sponsor: FundriseFundrise makes investing in private real estate as easy as investing in stocks, bonds or mutual funds. Get Started in just a few minutes. Support Invest Like a Boss: Join our Patreon Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:04 – What do you look for in a start-up? 08:52 – Is it more important to have the management in place than what the company actually is involved in? 12:23 – Is international diversification important in your selection? 13:39 – How do you determine how much you are willing to invest? 14:28 – Are the Start-ups similar to how “Shark-Tank” portrays? 19:06 – #1: Companies take a long time to build and exit 22:05 – #2: Start-ups require more money, that initial investment is not the last investment. 26:15 – #3: Expect big dilution 32:52 – #4: Founder issues are common protect yourself against it 38:48 – #5: Cap tables becomes big issues for mediocre companies 45:10 – #6: Raising money is not the goal, creating value is 47:56 – #7: Valuation isn't important necessarily, what's more important is your entry point and exit point. 53:55 – #8: Nothing is a sure thing until the money is in your bank account 59:09 – What advice would you give to a beginner getting into a start-up? 63:25 – About how long is expected for the second round of investment? 65:16  – What should you look for in an attorney to look over the investment paperwork? 66:41 – What other ways can you be valuable to the company? If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Dutch Mendenhall is a loving father and husband. He currently runs 3 real estate investment funds. He creates positive returns every year for his investors. Dutch is a gifted visionary who has very different beliefs than the average fund manager/leader. He has made his investors millions of dollars and in real estate circles is thought of as a step ahead, a step above, and a step beyond what others are doing.  He believes in taking care of people first: investors, the team of people that drive the funds, vendors, contractors, tenants, and many more. The constant is "Creating Consistent Goodwill for the Business."  His decade of experience of investing is coupled with a decade of consulting real estate companies. Dutch's experience includes residential, commercial-assets, low- income housing, luxury-housing, assisted-living, self-storage and apartments.  RAD Diversified has developed a proven, reliable system for investing in residential & multi-family properties in key real estate markets across the U.S. They offer investment partners the opportunity to invest in cash-flowing properties with substantial value-add opportunities. RAD Diversified Specializing in Tax Lien & Tax Deed Investing, RAD Diversified made a 36.7% annualized return in 2020 and has cleared 33.514% in the past 12 months. RAD Diversified also safeguards your investment by offering a 5% bottom-line guarantee. Listen to ILAB 178 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice Beach / IG @DerekRadio   Sponsor: RAD DiversifiedInvest Like a Boss listeners can skip the waitlist and invest with RAD Diversified immediately when you use our link! Support Invest Like a Boss: Join our Patreon Discussed: RAD Diversified Survivalist Project Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 03:57 – How did you get into real estate investing? 09:15 – How has the industry changed during the Covid-19 pandemic and how have you adapted? 12:13 – What is the advantage of being versed in real estate? 17:23 – What are the advantages of a tax property sale? 21:47 – Do you need to be an accredited investor to invest with you? 23:21 – Do you have international investors as well? 25:32 – What is the minimum investment to get started and how are payouts done? 29:55 – Is there a fixed investment term or any fees for terminating early? 32:04 – Does the investor choose where they wish to invest in? 33:45 – What happens if the offering is fully funded? 35:12 – Can you explain the Covid-19 amendment? 39:50 – Are there any fees the investors should be aware of? 40:28 – What do you provide as it relates to taxes? 41:26 – How have you had such a profitable time during the covid-19 pandemic? 56:24 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Frank Song is currently managing $20 million in committed capital to pursue buyouts of, partnerships with, and/or building highly profitable businesses in unsexy markets. Frank increases enterprise value by implementing large, sustainable competitive advantages into the businesses, such as: increasing operating sophistication, pursuing strategic acquisitions or partnerships to create a national oligopoly or local/regional monopoly dynamic, implementing technology advantages, and increasing performance marketing returns.   Additionally, Frank currently works as a confidential advisor to business with at least $10mm in revenue and politicians to advise on how to implement an art of war campaign in their markets or campaigns to defeat competitors who are larger or better resourced.   Previously, Frank worked at Accel-KKR, one of the top private equity funds (based on returns), where we helped manage the $4.0 billion fund by completing buyouts and growth equity investments of $20mm - $1bn technology companies.   He has contributed capital to:   HighJump (sold for $750 mm) Zinc Ahead (sold for $130 million) PageUp (sold – amount undisclosed)   Listen to ILAB 177 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Indeed Receive a free $75 sponsored job credit to boost your job post at Indeed Support Invest Like a Boss: Join our Patreon Discussed: Find Frank Song on Instagram: @Franksong Forbes article on Frank Song www.franksong.com  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 11:19 – Why did you choose to live in the suburbs of Ukraine? 13:46 – Tell us a little about your story from how you grew up to now? 15:30 – Explain the “I slept in a Walmart” time of your life 17:50 – How did you make it to Ukraine? 19:37 – How did you get started in investing? 26:12 – What do you traditionally invest in? 29:19 – What are some of the businesses you have invested in? 34:50 – How do you manage all of the businesses? 36:43 – Can you talk about your recent business trip to Dubai? 37:49 – What is your general philosophy on where to invest? 46:50 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Johnny is officially a millionaire! Johnny and Sam discuss the journey from starting ILAB in 2015 to growing his portfolio to the million dollar mark today.  Patreon members get access to the full show and can watch the full breakdown of all assets in Sam & Johnny's portfolio and Q1 2021 performance when you sign up at  https://bit.ly/ILABPatreon.   Listen to ILAB 176 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: Invest Like a Boss Patreon    Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 02:44 – "Thanks Johnny; Mr.Millionaire FD..." - Sam Marks 04:30 – "I didn't become a millionaire to have to worry about what time it was when I go surfing" - Johnny FD 07:56 – "Whatever you can do to maximise your piece of mind is the path" - Sam Marks 10:15 – Johnny talks about why he wants residency in Ukraine 13:27 – Johnny and Sam reminisce when they started the podcast 15:57 – "I'll rather be the tortoise, slow and steady" - Johnny FD If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Sam and Derek review some of Sam’s biggest investment mistakes and help you learn from his mistakes.   Listen to ILAB 175 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: Indeed Get indeed's best offer anywhere for a $75 credit to boost your job post when you visit indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:06 – #10. 32 bitcoin lost in Mt. Gox  10:37 – #9. Fazzle mega search engine 15:52 – #8. 101 and Mint Lounge, Tallahassee 21:36 – #7 Buying “the stock tip” from unqualified people 26:32 – #6 Skywolf  32:06 – #5 Storing Gold in a Lock Box in China 37:17 – #4 Buying RMB currency 39:50 – #3 Don’t have too much trust in your financial advisor 47:29 – #2 Stock options 54:18 – #1 Selling at the bottom of the ‘08 crisis If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Few people can withstand the longing for their own private piece of land in the midst of vast oceans or an idyllic lake, far from the rush and confinement of the rest of the world. Even though it is of manageable size an island feels infinite - the water creates a natural boundary that provides island dwellers with a freedom not found in any piece of real estate on the mainland. Yet it is the mainland that gives islands their special character. The luxury of a private island consists of the freedom to escape into solitude and to return from it at any time - therefore, even the smallest island with a simple log cabin is of immense value to its owner. lt is a great and very moving privilege to observe the passing of the season on one's own island. Even after spending many years on their islands, many island owners have described to me how overwhelmed they felt by the beauty and power of nature - and the composure they have learned from it: on an island, everything takes place at nature's own slow pace. Those who respect this pace are richly awarded as they contribute to the maintenance of their island universe. Islands have cast their spell on me in my childhood, a spell that has not been broken to this day. On March 14, 1971 I sold my first island: Cousine Island in the Seychelles. To this date, the number of islands I have sold has reached 2,000. During these four decades, I had the opportunity to meet island owners with the most varying personalities. Regardless of their profession or social status, they all have one thing in common - they are all extreme individualists with great perseverance when it comes to carrying out their personal endeavours. Today’s island owners do not have to struggle with infrastructure issues anymore. State-of-the-art systems to generate electricity and to purify water, the most comfortable ready-built houses, good technical tools for setting up road systems, as well as electronic communicating facilitate the development of the new isle. Once this whole process is completed, the owner usually has built up strong emotional ties to the land. This remains today's actual major obstacle on the way to purchasing an island - islands are rare, regardless of their location in a lake, a river or the sea. An island that has been carefully and lovingly reclaimed often feels to its owner like part of the family. Parting company with it is accordingly extremely difficult. This phenomenon can be described in other words: an island does not have a house number. An island has a soul.    Listen to ILAB 174 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Ukraine / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: MasterworksUse code ILAB at signup on Masterworks.io and skip the 20,000 person waiting list to start investing in art immediately Support Invest Like a Boss: Join our Patreon   Discussed:   Vladi      Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:26 – Can you tell us the story on the first island you bought? 09:39 – Where have you sold most of the islands? 13:00 – Do people approach you to purchase islands? 14:55 – Can you mention some of the celebrities you have as clients? 18:02 – What is the range of cost for these private islands? 19:48 – Are there smaller islands in Spain and Portugal? 20:25 – Are the islands undeveloped, or developed as it pertains to infrastructure? 22:38 – Do people buy islands and develop them for resale? 24:25 – What is the pitch for selling the island? 25:26 – What are some of the most expensive islands you have sold? 27:11 – How can someone learn more about buying an island? 29:12 – How do you acquire the islands for sale? 32:03 – Sam & Johnny recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Sam and Johnny do a follow up to the popular Index Funds 101 episode (Please link this) and expand the topic to international allocation into index funds.    Listen to ILAB 173 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio Sponsor: IndeedReceive a free $75 credit and receive an instant short list of candidates for your job post when you visit Indeed.com Support Invest Like a Boss: Join our Patreon Discussed: Index Funds 101 101 Investing Blog Post VXUS: Total International Stock = 23% of my current. Aiming for 35%   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 06:50 – Why even bother investing worldwide? 10:39 – Johnny’s breakdown of his index funds 12:35 – Discussion on TenCents multinational 16:29 – Do you know what Taiwan Semiconductor makes? 20:09 – Listing some of the Top 10 international investments? 22:01 – The story of Toyota and Lexus 26:24 – Japanese stock market index 34:13 – All Seasons Portfolio breakdown 39:51 – VanGuard portfolio watch asset allocation backtesting risk-return allocation analysis 42:57 – What to do when you don’t have direct access to international index funds? 46:19 – Management fees with financial advisor   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Artem has over 11 years of finance experience in food, agriculture, and farmland. Prior to founding FarmTogether, Artem was employee #1 and CFO/VP of Operations at Full Harvest Technologies, a now post-Series A B2B platform for buying and selling produce. He previously worked at Ontario Teachers' Pension Plan, Sprott Resource Holdings, E&Y and PwC. Artem holds an MBA from The Wharton School, and a BA and MA in Economics from the Higher School of Economics. Listen to ILAB 172 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Venice / IG @DerekRadio   Sponsor: FarmTogether Support Invest Like a Boss: Join our Patreon Discussed: FarmTogether   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:04 – What got you involved in farmland investing? 09:22 – How does it differ to commercial and residential real estate? 11:25 – How does it compare to traditional investing? 14:15 – Does technology help in the challenge of making more food with less land? 16:39 – Why are so few investors in this asset? 20:38 – How can farmland help with an expected inflation in the economy? 21:38 – With the population moving out of the city, is this affecting the availability of farmland? 24:20 – How do you qualify to invest in FarmTogether? 28:23 – What is someone actually buying when investing? 30:54 – How are returns generated? 32:34 – Which is the best crop to invest in? 34:27 – Do the commodities vary in price? 36:11 – Can you get out of the deal early? 36:59 – How does FarmTogether profit from these deals? 37:45 – Can you explain the option of sole proprietorship? 38:41 – Are there any bonuses for investors? 40:23 – What are some really good sources of education on farmland and farming? 42:26 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Mikkel Thorup is the host of The Expat Money Show podcast and the Director at EscapeArtist.com. He is the author of #1 Best-Selling book Expat Secrets on Amazon. Mikkel has spent more than 20 years in continual travel around the world, circumnavigating the globe more than 400 times visiting over 100 countries including Colombia, North Korea, Zimbabwe, and Iran. His goal is to help people just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.   Listen to ILAB 171 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedReceive a free $75 credit to boost your job post on Indeed when you visit Indeed.com Support Invest Like a Boss: Join our Patreon Discussed: TLAB 263 - Mikkel Thorup Living Abroad As An Expat 2nd Passport  Escape Artist Expats Secrets: How to pay zero taxes (Book) Johnny FD Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 16:13 – Why invest offshore? 20:12 – What are your thoughts on investing in foreign currency? 22:26 – What are thoughts on holding gold? 25:35 – Can you describe the vaults you visited? 30:22 – What other investments will you recommend to those who want to go offshore? 35:25 – Can you clarify the reporting on overseas accounts? 38:15 – Why are you supportive of people having second residency or a second passport? 43:20 – What are some of the other ways you can file for citizenship? 46:05 – What are other services you help people with? 47:11 – Johnny and Sam review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Mike Vranjkovic is the manager of Empire Flippers Capital. EF Capital is a platform for matching up passive investors and experienced online business operators. Accredited investors can acquire multiple deals to put together passive and diversified portfolios of online businesses. Listen to ILAB 170 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: MasterworksSkip the 20,000 person waiting list and invest immediately when you use code ILAB at signup on Masterworks Support Invest Like a Boss: Join our Patreon Discussed: Empire Flippers Capital Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:30 – Why did Empire Flippers decide to bring this investment arm onto the platform? 11:44 – Are these deals open worldwide? 14:00 – What is the investment minimum? 15:10 – Does Empire Flippers do any of the vetting? 18:54 – Is the operator investing their own money as well? 20:52 – Can you simplify the numbers from an investor perspective? 24:10 – Where can we review the available deals? 29:54 – Do you plan to add other types of investments other than content of fba? 32:54 – What happens if the deals are not funded? 34:20 – Is there anything else people should know before investing? 35:58 – What is the expected investing holding period? 37:17 – Can you estimate the risk and reward?  41:32 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Seiler Tucker’s twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model ™” to help business owners set goals for the sale before their business hit the market, and the “Six Ps Method ™” to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself. In Exit Rich, author and authority on buying, selling, fixing, and growing businesses, M&A advisor Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and co-author of Rich Dad Poor Dad, to create a must-have guide for all business owners—whether they’re gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future. Throughout the book, Sharon Lechter’s wisdom anchors each chapter with a “Mentoring Corner” section providing forward-thinking entrepreneurs with the perspective they need to take control of their business’ futures and exit rich. Seiler Tucker’s brilliant twofold approach to selling your business for maximum profit combines two of the most powerful elements of her M&A toolkit: the “ST GPS Exit Model™” and Seiler Tucker’s “6 P Method™.” Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself. Michelle’s exclusive techniques have proven successful in many industries and across multiple business platforms. In Exit Rich, you will get a step-by-step blueprint for maximizing your business profits, as you learn how to evaluate your business, when to sell it, and how to work with the top business authorities to make that happen. Listen to ILAB 169 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedGet a free $75 credit to boost your job post and get quality candidates even faster when you go to Indeed.com/ILAB Support Invest Like a Boss: Join our Patreon   Discussed: Exit Rich Book   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally.   Time Stamps: 12:22 – When should you prepare to sell your business? 14:13 – How do you determine a fair value for your business? 17:25 – Why do you think a lot of businesses don’t sell? 18:18 – Can you explain your “GPS Exit Model”? 24:48 – What are “the 6 P’s” ? 41:01 – What do most people overlook when selling their business? 43:45 – What can slow down or stop a sale of a business? 45:46 – Is it easier to sell a 2-Mil business than a 100-Mil Business? 47:47 – What are some of the fees involved when selling a business? 50:44 – What makes this book different from your other two books? 54:41 – Why should people buy the book?  57:28 – Johnny and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Upon his retirement from the NFL in 2007, Drew Bledsoe "doubled back" to his hometown of Walla Walla, Washington to realize a long held dream. Drew and his Wife, Maura, purchased a piece of property on the southern edge of the Walla Walla Valley AVA and subsequently launched Doubleback as an estate focused winery with the goal of crafting America's best Cabernet Sauvignon in an elegant, true to varietal way. Drew had long been planning for this moment during his years playing football and success came immediately as the very first vintage earned a spot in Wine Spectator's Top 100 List. Drew hired Josh McDaniels, now CEO & Director of Winemaking, away from Figgins Family Wine Estates where he had trained for almost a decade under their longtime mentor and friend, Chris Figgins. Josh, also a Walla Walla native, has been named a "Washington Prodigy" and a "Game Changer of Washington Wine" by Wine Enthusiast Magazine. The collaboration between Drew and Josh is a competitive partnership that pushes them to continue the pursuit of perfection in Cabernet Sauvignon every day. Doubleback remains a small, family owned winery located on the southern edge of Walla Walla in its new home that was completed in 2018. The winery has four estate vineyards all located in the Walla Walla Valley and all unique to the other. Each vineyard is sustainably certified and farmed by its own incredible farming crew that is an integral part of the team. The team welcomes it's mailing list customers by appointment only daily.  Listen to ILAB 168 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: Our CrowdGet access to invest directly, easily and early in pre-IPO companies with OurCrowd. Sign up free now  Support Invest Like a Boss: Join our Patreon Discussed: Bledsoe Wine Estates Bledsoe|McDaniels Doubleback Bledsoe Family Winery Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:42 – When did you know you wanted to go into the wine business? 13:20 – Has Walla Walla always been producing really good wines? 16:30 – What kind of investment advice is given to young athletes? 21:20  – Have you had other crazy investment proposals during your career? 24:58 – How was the transitioning for the NFL to the Wine Estates? 29:05 – How did you start with Doubleback once you retired? 31:06 – Did you know the economics of the wine business? 34:15 – Why do you think a lot of winery businesses fail? 40:06 – What are the future plans for the estates? 44:08 – Do you see this business staying in the family?  50:26 – Sam and Derek review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Stephan Livera is a Bitcoin Podcaster and co-founder Ministry of Nodes. He hosts one of the world's leading bitcoin podcasts focused on the economics and technology of bitcoin. Stephan came to the space in 2013 and started the podcast in 2018, hosting many leading names in the bitcoin world as a means to provide high quality, curated information. Stephan contributes articles, speaks and hosts bitcoin events and conferences. Professionally and previously Stephan worked as an Australian chartered accountant and auditor within financial services.  Listen to ILAB 167 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – Thailand / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio Sponsor: Our CrowdOurCrowd investors have access to invest directly, easily, and most importantly, early in pre-IPO companies. Sign up free now  Support Invest Like a Boss: Join our Patreon Discussed: stephanlivera.com ministryofnodes.com.au Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 11:13 – How did you get into Bitcoin? 13:03 – What are you trying to unearth with your podcast? 16:34 – Do you view Bitcoin as a currency or an asset? 21:17 – Have you heard of any large funds buy Bitcoin? 25:45 – Are these long term holds? 30:43 – Where does it sit as a currency? 33:57 – Have you heard of any big platforms accepting Bitcoin as payment? 36:31 – Would it make sense exchanging Bitcoin with a stable coin? 37:39 – Do you see Banks adopting and dealing with Bitcoin 41:47 – Has the wallet technology improved as it relates to security?  47:32 – What do you mean by “self-custody”? 51:27 – What do you see on the horizon with Bitcoin? 53:13 – Sam and Johnny review If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

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With a crazy 2020 year during the Covid Pandemic Johnny and Derek review the top 5 guests for the year 2020.    During the episode, Johnny and Derek reminisce about some of the interviews they had during the year and how they have opened their minds during this year. They later discuss ideas for upcoming shows for 2021.   Listen to ILAB 165 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Our CrowdOurCrowd gives accredited investors access directly, easily and most importantly early to Pre-IPO startups Support Invest Like a Boss: Join our Patreon Discussed: ILAB 140: John McAfee – COVID-19, and the Best Chapter of Life ILAB 141: Online Businesses – The State of the Industry, with Empire Flipper’s Joe Magnotti ILAB 143: Luxury Real Estate, with Ryan Serhant ILAB 144: Own Your Future – Digital Assets, with Flippa CEO Blake Hutchison ILAB 149: Die With Zero – Bill Perkins Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 09:03 – #5 Ryan Serhant : Luxury Real Estate  16:03 – #4 John McAfee : The Best chapter of my life 21:04 – #3 Joe Magnotti : Online Businesses 26:39 – #2 Blake Hutchison : CEO of Flippa 33:42 – #1 Bill Perkins : Die with Zero 47:18 – Q4 Previews and plans for 2021 If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2021. All rights reserved. Read our disclaimer here.

Mike Murgio returns to the show (Last appearance: ILAB 165 - Bitcoin vs. Stocks, Tesla vs. Ford) along with his brother Joe Murgio to talk with Sam Marks about the upcoming Doordash IPO. They know the ins and outs of the delivery business as Joe is the CEO of DeliverLogic, a software company that services clients in the delivery space. Sam is also an investor in DeliverLogic. Joe Murgio goes over the Series 1 for Doordash's IPO and Doordash's overall business model. They'll discuss whether Doordash looks to be a solid investment and if it'll skyrocket like Tesla did after Mike correctly predicted on his last appearance.   Listen to ILAB 164 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Indeed.comReceive a $75 credit to boost your job post on Indeed and find quality candidates faster when you sign up at our link!  Support Invest Like a Boss: Join our Patreon Discussed: DeliverLogic Door Dash Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 10:46 – Can you tell us about deliverlogic? 13:56 – Can you discuss the last 6 years of the business from your perspective? 20:40 – How did the market change with the newer delivery options? 25:00 – How has Covid-19 pandemic affected the delivery service industry? 26: 30 – Have you seen more entrepreneurs starting new businesses or has it been independent clients growing their business? 29:10 – How does the business side of door dash work? 30:04 – How do you buy shares in an IPO? 39:24 – How are they going to sell 33 Million shares? 40:51 – How does the price jump between primary and secondary trading? 45:25 – What is your perspective on DoorDash versus Grubhub? 51:53 – Are you going to buy in with DoorDash? 55:40 – Does this IPO excite you? 58:06 – Sam & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.

Tom Taulli has been in the tech industry for some time. While in the eighth grade, his dad bought him a computer and just left it on his desk. So he started to figure it out. And yes, he became obsessed with this machine. Then when he was a freshman in high school, he started to code and sold some of his programs to magazines (in the early 1980s, these publications had listings of code for readers to type in!) From all this, he knew he wanted to be a part of the tech world. Although, it was not until college that he started his first business. You see, he was fairly bad at taking exams. What to do? Well, he created software for exam preparation. He would sell this to a national provider of bar exam preparation. The business would then go on to grow, as they added more and more exams. But the biggest venture of his was launched in 1997. It was Hypermart.net. Think of it as kind of a first-generation Shopify. From the start, the growth was strong and they would sell the company to InfoSpace.com. In the meantime, he has always been writing, such as for Forbes.com, Bloomberg.com, Kiplinger and BusinessWeek. He has also written a variety of books, mostly on tech and finance. His latest include Artificial Intelligence Basics: A Non-Technical Introduction and The Robotic Process Automation Handbook: A Guide to Implementing RPA Systems. As of now, he is an advisor to some awesome startups.   Listen to ILAB 163 on iTunes here or subscribe on your favorite podcast app.     Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: MasterworksSkip the 20,000 person waiting list and invest immediately when you use code ILAB at signup on Masterworks.io  Support Invest Like a Boss: Join our Patreon Discussed: Tom Taulli's Article on Airbnb IPO Airbnb's Retail Road Show Video Pitch Airbnb's S-1 Tom Taulli Website Twitter @TTaulli Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 08:44 – How did you get into the world of start-ups and IPOs? 12:40 – How does buying IPOs differ from regular stock? 15:58 – How does a company go from private to public? 19:50 – Is this a good time for AirBnb to go public? 21:02 – Do you see AirBnB financials to justify their increase in valuation? 22:04 – Do you see them profiting in the immediate future? 25:04 – Why do they focus on the hosts more than the guests? 26:37 – What are some of the pros for AirBnb? 30:09 – What are some of the risks with AirBnb? 32:05 – Should you be concerned that some of the Hotels are running similar packages? 33:05 – Can you see AirBnb expand into other profitable areas, like the AirBnb Experience? 34:40 – What do you recommend to be a maximum price point for entering the AirBnb IPO? 35:53 – Are their other stocks you would recommend as alternatives to IPO? 36:54 – Why is AirBnb not profitable? 37:52 – “travel and tourism will continue to be important it’s not going away” - Tom Taulli 38:43 – What are some of the tips and tricks to get in on the lowest level possible? 40:50 – Are you looking to buy into AirBnb? 43:26 – Johnny & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.

Carter grew up in a farming family and has a lifelong passion for investing and agriculture. Prior to AcreTrader, he was part of an equity investment firm for 5 years. Before joining in 2013, Carter was a Managing Director with Stephens Inc., a large private investment bank, where he was an equity research analyst focused on the Internet, Data & Analytics and Real Estate Processing sectors. Prior to Stephens, he owned small businesses focused on internet marketing and sustainable fuel technologies. He graduated from the University of Arkansas with a bachelor’s degree in Physics and has previously held Series 7, 63, 86 and 87 licenses with the Financial Industry Regulatory Authority (FINRA). Listen to ILAB 162 on iTunes here or subscribe on your favorite podcast app. Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: IndeedGet a $75 credit to boost your job post and find your next hire faster  Support Invest Like a Boss: Join our Patreon Discussed: AcreTrader Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps: 07:50 – How did you get into farmland and agriculture? 08:30 – Before AcreTrader, how was farmland purchased? 10:22 – What is the usual size of these farms? 12:02 – Why farmland and not commercial or residential real estate? 15:15 – How does farmland outperform other asset classes? 18:25 – How long do you hold onto the land for? 18:39 – Are you concerned about the land depreciating because of bad farming  practices? 20:26 – How long do farmers usually rent the land? 21:09 – How does it work for investors? 23:06 – How often does the investor get paid? 25:45 – Does the rental change depending on the farm? 27:03 – Do you normally list farms weekly? 28:09 – What is your investment range? 30:06 – What crops are the most profitable? 34:30 – How long are the investments? 37:48 – How are the taxes treated? 36:55 – Who can invest? 39:48 – Johnny & Derek Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.

Tom Gearing is CEO and co-founder of Cult Wines Ltd, the world’s leading fine wine investment company with assets under management of £130 million. Founded in 2007 and headquartered in London, the company has offices in Hong Kong, Shanghai, Singapore and New York (late 2020). Cult Wines provides physical fine wine portfolio management services to private individuals and clients of family offices, wealth managers and private banks globally. Tom has overseen the growth of the business receiving a number of awards including appearing on the Sunday Times Fast Track 100 in 2015 and 2017, as well as receiving a Queens Award for International Trade. Tom regularly features as a market commentator appearing on media outlets such as Bloomberg, CNBC Europe, CITYAM and more. Tom is a former runner-up on the BBC’s Apprentice in 2012. Listen to ILAB 161 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: MasterworksAt signup, go to Masterworks.io, select Podcast and use code BOSS to skip the 70,000 person wait list.  Support Invest Like a Boss: Join our Patreon   Discussed: Cult Wines Ltd Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally.   Time Stamps: 07:40 – How did you get started in Wines? 12:09 – What is a “fraud” wine? 15:44 – Is there a lot of money in owning and operating a vineyard? 19:28 – Which country sells the most wine by volume  ? 22:00 – What is driving the price of wine? 25:56 – What happens when the bottle “goes bad”? 30:30 – Do wines differ with food pairing and ageing? 34:24 – How does Cult Wines Ltd engage with different investors? 42:16 – What are the range of portfolios with your investors? 44:04 – Are all your investors financial investors? 46:30 – Where do you have operational centers throughout the world? 47:27 – Are there any restrictions on who can invest? 48:15 – Could you see yourself doing anything different? 51:29 – Sam & Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.

Karl Pierre is a Real Estate Investor, serial entrepreneur and educator. He earns over 1,000,000 every month, manages more than 400 workers, and he owns and controls over 15,000,000 in real estate assets. He started In Healthcare Staffing in his family business at age 14. Doing everything from hiring, payroll, billing, and staffing, later went on to flipping salvage automobiles. In 2006 he participated in his first real estate transaction and has been growing his portfolio as an investor ever since. Listen to ILAB 160 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Sri Lanka / IG @johnnyfdk Sam Marks – North Carolina / IG @imsammarks Derek Spartz - Los Angeles / IG @DerekRadio   Sponsor: Indeed  ILAB listeners receive a $75 credit to boost their job post and help find more quality candidates faster Support Invest Like a Boss: Join our Patreon Discussed: 1 Euro Houses ENTP Life YouTube: ENTP life  Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK) Betterment – Get up to 1 year managed free Wealthfront – Get your first $15,000 managed free PeerStreet – Get a 1% yield bump on your first loan *Johnny and Sam use all of the above services personally. Time Stamps:  06:49 – How did you get started in Real Estate? 13:38 – What was the first international property you got involved in? 22:36 – Why did you choose Sicily? 23:18 – What is the “catch” of this investment? 30:15 – What do you think your renovation cost will be? 32:58 – How did you find a contractor? 34:20 – How was the closing process ? 40:41 – Are you looking at acquiring more properties? 46:12 – Patreon Questions 52:57 – Sam & Johnny Recap If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2020. All rights reserved. Read our disclaimer here.