Filtrar por gênero

Where's My Money?

Where's My Money?

Jason Rash

Welcome to the Where's My Money? Podcast. I'm your host Jason Rash. If you're searching for the pathway to financial freedom, but your eyes glaze over at the mere sound of the word spreadsheet, well, you're in the right place. You're either trying not to lose or you're playing to win. I know what the gurus and the suits aren't telling you about the money game. Many good hardworking people die broke cause they follow Wall Street's. So tune in and hit that subscribe button to learn the secrets that are personally used to go from minimum wage to multi-millions

50 - Ep. 49 - The 13 Investing Commandments I wish I knew before investing
0:00 / 0:00
1x
  • 50 - Ep. 49 - The 13 Investing Commandments I wish I knew before investing

    Ready to save yourself a lot of financial pain? 

     

    I mean, why go through hardship if you can learn from someone who’s been there right?

     

    This episode is all about The 13 Investing Commandments - if you’ve ever broken one of these, you have definitely felt financial pain. 

    I’ve lost a lot of money over the course of my short life. Here’s what I wish I knew beforehand so you can avoid doing that:

     

    - Never invest more than 10% of your net worth into an asset you can’t personally impact or control the outcome of. (Or don’t have access to the bank accounts)

     

    - Have a firm amount of money for an investment and invest $0 after that. Regardless of what changes. If you do your due diligence, more money won’t be needed. Better to go to zero on a firm amount than throw money into a bottomless pit. 

     

     

    - Invest 90% of your net worth into assets that pay you a monthly check that you can personally impact the outcome AND you can access the bank accounts . 

    #HolyGrail of all Financial Freedom

     

    - When making an investment larger than 10% of your net worth, consult with 5 people who have invested in this asset class and pepper them with questions. 

     - INVALUABLE 

     

    - When a “once-in-a-lifetime” opportunity comes along, ask: “How many others have passed on this?” Just having the awareness to pause will suck the wind out of the sails of pressure and hype 

     - Pause Pause Pause - the skill of a wise investor

     

    - Never make a loan that isn’t backed by collateral that you can sell within 3-6 months. 

     

    - If losing the amount of money you’re investing would cause you to negatively change your living circumstances, scale back the investment. 

     

    - Investments do not make you rich, building a business makes you rich. Then reinvest that money back into your business, then into cash flowing passive income - so you can focus on growing your active income in the business. 

     

    - No one single deal or investment opportunity will change your life. You can always pass, another one is right around the corner. 

     

    - If you can’t easily explain the investment to your spouse who understands nothing about the asset and they still have questions, you are not ready to invest (this set us back 50k it’s why I don’t own Bitcoin, I’m a smart guy and I can’t understand what makes it valuable beyond internet hype) 

     

    - When making an investment ask yourself: “What value is being created?” I’ve found that “Flash in the pan” investments rarely perform as expected 

     

    - When people find out you’re making money, the snakes and conmen will come out. At times these are people close to you who could paint themselves in a Christian aura to mask their true intentions. If they continue to ask you to invest in something, ask, “What are you getting out of this?”

    Tue, 26 Mar 2024 - 32min
  • 49 - Ep. 48 - Is Your Home An Asset Or A Liability?

    In this episode, we hit the financial unicorn on its head - Owning your Own Home

     

    WARNING: This might trigger some people who are betting their home will be their nest egg.

     

    Get ready to have your mind blown! What we reveal is the true pathway to wealth, that is achievable to anyone who wants it bad enough.

     

    I have Nick Mershon in the studio with me.

     

    Nick has worked for some of the big players in the real estate space. One you definitely know the name of. Not going to give it away but his initials are GC 

     

    Nick weighs in on what trending in the housing markets, the debacle with the interest rates, and the power of owning rental property. 

     

    After this financially packed episode, you too will learn if your home is an asset or a liability 

     

     

    Hit me up on IG! @JasonRash  Text Me! 754–282-3270 Join my real estate investing newsletter at jasonrash.com where I give away MILLIONS in investing knowledge that I’ve gained through personal experience! 

     

     

    Follow Nick: 

    Realnickmershon on ig

    Realestatewithnick on TikTok

    Nickmershon@gmail.com 

    305 564 1664

    Tue, 07 Nov 2023 - 24min
  • 48 - Ep. 47 - How To Start A New Business and Make It Profitable Within The First 90 Days

    In this episode I unravel what stops most people from ever getting off the ground with a new business. 

    Most people take a life-changing business opened place it on the back burner, thinking that, that is the problem. When in reality they should do something entirely different. 

    Tue, 17 Oct 2023 - 12min
  • 47 - Ep. 46 - What Are You Willing To Do For Free?

    In this episode, I dive into what I’ve personally done to grow multiple businesses from the ground up.

     

    This secret action step has been my guardian angel from the jump

    Working. For free That’s right, I said the F-word

     

    If you’re stuck in your business, it could be because you aren’t offering services of value to people. 

     

    I also drop the 2 words that  every business owner starting a business, growing a business, or scaling a business needs to ALWAYS be thinking about: Be Seen/ Get Known

     

    Start that business today. It might be harder than you think - scratch that, it will FOR SURE be harder than you think but it will be far more rewarding than you can ever dream.

     

    Shoot me an email if you are stuck growing your business or want to start a new business! Support@jasonrash.com

    Wed, 11 Oct 2023 - 07min
  • 46 - Ep. 45 - Building a Barbershop Empire with Marcus Chacon

    We are LIVE from Colorado!!! Being a 4 year Navy Vet, Marcus is not afraid of change.

     

    This guy opened a brick-and-mortar business in the middle of the pandemic! Talk about calling your shot! 

     

    Marcus has the superpower to cut something if it’s not working out. 

     

    For many people this is what holds them back in life  -and oddly holding on to what’s not working has been the main thing that’s kept them stuck.

     

    We sit down and tackle these hard topics head-on:

     

     - How he opened up another location in the middle of COVID-19 lockdowns and is STILL open and doing well

     

     - Is it better to own a brick-and-mortar or have a business online?

     

     - The challenges with scaling a brick-and-mortar business

     

     - How to build a loyal following through strong messaging and branding

     

     -  What data need in order to open in a successful market when opening your first location

     

     - Why you need mentors heading into any business adventure

     

     - Why these Monaco Moscow Mules are so delicious!

     

     

    Marcus now has started Dapper Barber with one location and scaled up to 3 and has plans to cover the entire state of Colorado with his brand. 

     

     

    Share this podcast with every veteran you know. 

     

    Hit me up on IG! @JasonRash  Text Me! 754–282-3270 Join my real estate investing newsletter at jasonrash.com where I give away MILLIONS in investing knowledge that I’ve gained through personal experience! 

     

    Connect with Markus Chacon

    @dapperbarbershop_north

    Tue, 19 Sep 2023 - 1h 23min
Mostrar mais episódios