#030: What Are Your Beliefs About Money?

October 20, 2017

Podcasts

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Money just makes us more of what we are, so doing well in our investing efforts allows us to make that much more of a difference in the world. Listen as real estate mentor and coach Alex Arriaga passionately shares his simple path to wealth strategies and techniques to create safe, profitable real estate deals where everyone is working together and everyone wins. Understanding our Big Why is a key component to living the lifestyle we really want. Discover the importance of surrounding ourselves with a positive community and structuring investments in a way that aligns with how we choose to live. Alex also shares his experiences while mentoring three teenage girls in real estate. Check out their progress at– These Flippin’ Kids.

SHOW NOTES

1:26 – Welcoming Alex to the show and background on his mentoring work, including mentoring teenagers in real estate – These Flippin’ Kids.

3:55 – How Alex begins the mentoring process for people who are looking to pursue investing – start with what kind of time they want to have in their life.

6:51 – Examining their beliefs about money and expectations of active versus passive investments.

8:18 – How Alex’s approach works towards finding ways to create safe, profitable deals where everyone is working together.

10:09 – Working on projects alone versus working collaboratively and the benefits of having other people involved.

10:56 – Leveraging your skills with the skills of others to make project work more efficiently; breaking down a misconception about the term “leverage.”

12:57 – Examples of what a mentoring session with Alex looks like and focusing on making a difference in addition to growing a portfolio.

15:44 – Boiling most of what’s happening down to the “big why.”

17:10 – Background on the relief work Kensington is doing in Puerto Rico.

20:14 – Some parting thoughts from Alex with regards to having capital available to invest and doing good things with what you make.

22:45 – Structuring business and investments in a way that aligns with how you choose to live.

23:57 – The idea that money makes us more of what we already are.

25:03 – The power of surrounding yourself with a positive community.

25:48 – Reaching out to Alex and his offer for a free 30 minute call.

Resources and Links Mentioned:

These Flippin’ Kids

Kensington Fund

TOMS Shoes