The Wake Up Call

My Wake-Up Call came in 2015, when I realized that I had had enough of my corporate job and was ready to take back control of my life. The world and economy are constantly changing, and the best thing you can learn is how to spend your time and energy working *on* your business instead of in it. I’m Paul Thompson, and in my podcast we’ll be discussing exactly that—how to build and grow your investment portfolio from the ground up. With each episode, you’ll hear inspiring stories from those who have already experienced their wake-up call, and are doing something about it. Real Estate professionals, industry leaders, and more, will join me to discuss how owning and renting property has changed their lives and the lives of their families for the better. It can do the same for you. Join us and revolutionize your portfolio, investments… and your life.

246: Navigating the Complex World of College Planning and Financing 04/16/2024

246: Navigating the Complex World of College Planning and Financing Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. In this episode, Paul and Brad delve deep into the intricate world of college planning and financing. They discuss the critical steps involved in the late-stage college planning process, including visits, testing, negotiating with schools, and securing various forms of financial aid. They also explore the differences in guidance counseling services between private and public schools, and the importance of understanding the available resources. Additionally, they provide insights on strategies for financing a college education without incurring excessive debt, the complexities of the FAFSA system, and the potential impact of assets and business ownership on financial aid eligibility. Whether you're a parent with college-bound children or a student preparing for the next chapter, this episode is a must-listen to navigate the challenges and opportunities of the college journey. Key Takeaways: Comprehensive college planning: The importance of early preparation, thorough research, and understanding the financial implications of the college selection process. Navigating the financial aid landscape: Strategies for identifying and applying for scholarships, understanding the FAFSA system, and managing the complexities of need-based aid. Financing college without debt: Exploring alternative financing options, such as leveraging assets and business ownership, to minimize student debt. Guidance counseling differences: Recognizing the variations in college counseling services between private and public schools, and the need for proactive parental involvement. Staying informed and seeking expert assistance: Utilizing available resources, such as college planning websites and professional consultations, to make informed decisions and navigate the college financing process. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Brad’s Website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Brad Baldridge is one of the nation's leading college financial experts. For over 20 years, he has dedicated his career to teaching families the best strategies to plan, save, and pay for college. His mission is to help parents and students make their college dreams a reality without compromising their financial security or retirement. Brad shares his expertise and insights through various channels. As the founder of a private practice, a blogger, and the host of the Taming the High Cost of College Podcast, he has established himself as a trusted authority in the field of college financing. Additionally, he frequently presents at workshops and seminars, further amplifying his reach and impact. With his comprehensive knowledge and personalized approach, Baldridge empowers families to navigate the complex landscape of college planning and funding. He equips them with the tools and strategies necessary to make informed decisions, secure financial aid, and minimize debt – all while ensuring their long-term financial well-being. /episode/index/show/readyinvestorone/id/30795383

245: Building a Well-Oiled Business Machine 04/09/2024

245: Building a Well-Oiled Business Machine Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. In this episode, Paul Thompson shares his insights on developing an effective process for running a successful business. He outlines his approach to setting big, hairy, audacious goals, breaking them down into a 3-year vision and 1-year plan, and then implementing a cadence of weekly tactical meetings and daily huddles to drive execution and accountability. Paul emphasizes the importance of having clear metrics, identifying bottlenecks, and building systems that can scale without constant intervention from the business owner. Whether you're a seasoned entrepreneur or just starting, this episode provides valuable takeaways on how to build a thriving, self-sustaining business. Key Takeaways: Define a clear, measurable "big, hairy, audacious goal" that aligns with your company's mission. Break down your long-term vision into a 1-year plan with specific initiatives and key performance indicators. Implement a rhythm of weekly tactical meetings and daily huddles to drive accountability and continuous improvement. Identify and address the bottlenecks in your business, whether it's processes, communication, or your own involvement. Strive to build a well-oiled machine that can operate with little to no direct oversight from the business owner. Follow Paul Thompson • LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/ • Website | https://pauldavidthompson.com • Tiktok | https://www.tiktok.com/@pauldavidthompson Resources: www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out THIS link for some valuable resources Click for a FREE WEBINAR to learn about your 12% ROI. If you're ready to take action now, let's hop on a CALL now! /episode/index/show/readyinvestorone/id/30730838

244: Mastering Marriage, Entrepreneurship, and the Art of Living by Design 04/02/2024

244: Mastering Marriage, Entrepreneurship, and the Art of Living by Design Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. In this introspective episode, Paul Thompson reflects on two pivotal journeys – his marriage and entrepreneurial ventures. As he celebrates his 19th wedding anniversary, Paul shares poignant insights on the evolving phases of marriage and the intentional commitment required to build a lasting partnership. He then shifts gears, discussing his involvement in an ambitious mastermind group focused on exponential business growth without sacrificing personal well-being. Paul offers a candid glimpse into the intricate art of balancing entrepreneurial ambitions with family priorities. He stresses the importance of continuous reflection, crystalizing your core values, and meticulously designing processes aligned with those principles. From delegation strategies to over-communicating vision, Paul examines practices that foster excellence while maintaining integrity. Ultimately, he challenges listeners to ponder their deepest priorities – are you living congruently with your convictions? This thought-provoking discussion will inspire you to craft an intentional lifestyle by design. Key Takeaways: Marriages require continuous nurturing through changing phases and transitions. Align your entrepreneurial pursuits with your core values to find fulfillment. Design efficient processes that elevate your vision while enabling work-life balance. Delegate tasks effectively to maintain your desired quality of life. Live with integrity by aligning your actions with your mission and principles. Conduct regular self-reflection to ensure you're living life by your own design. Follow Paul Thompson • LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/ • Website | https://pauldavidthompson.com • Tiktok | https://www.tiktok.com/@pauldavidthompson Resources: www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out THIS link for some valuable resources Click for a FREE WEBINAR to learn about your 12% ROI. If you're ready to take action now, let's hop on a CALL now! /episode/index/show/readyinvestorone/id/30623053

243: Leveraging Podcast Guesting to Raise Capital and Build Your Brand with Trevor Oldham 03/26/2024

243: Leveraging Podcast Guesting to Raise Capital and Build Your Brand with Trevor Oldham Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. Trevor Oldham, founder of Podcasting You, shares valuable insights on how real estate investors and entrepreneurs can effectively use podcast guesting as a strategy to raise capital, build authority, and grow their businesses. He discusses the tactics and best practices for identifying the right shows, creating compelling pitches, repurposing content, and nurturing relationships with hosts and audiences. Key Takeaways: Identify your target audience and leverage tools like ListenNotes and Rephonic to find relevant podcasts catering to your ideal investors or clients. Create unique lead magnets and landing pages for each podcast appearance to capture leads and nurture relationships through email marketing sequences. Repurpose podcast interviews into bite-sized social media content to amplify your reach and promote your brand across multiple platforms. Consistently follow up with podcast hosts and guests you resonate with, nurturing those relationships beyond the initial interview for potential collaborations or business opportunities. Track key performance indicators (KPIs) by tagging leads and activities to measure the success of your podcast guesting efforts and adjust your strategy accordingly. Consider starting your own podcast to build authority and establish yourself as an expert, but ensure you have the time and resources to commit to consistent, high-quality content production. Leverage podcast appearances to showcase your expertise and create a halo effect, positioning yourself alongside successful guests to build credibility and trust with potential investors or clients. Follow Paul Thompson • LinkedIn | https://www.linkedin.com/in/paulthompson-onecallcapital/ • Website | https://pauldavidthompson.com • Tiktok | https://www.tiktok.com/@pauldavidthompson Resources: https://podcastingyou.com/ https://www.linkedin.com/in/trevorjoldham/ www.PaulDavidThompson.com - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out THIS link for some valuable resources Click for a FREE WEBINAR to learn about your 12% ROI. If you're ready to take action now, let's hop on a CALL now! About Today’s Guest: Trevor Oldham is the founder of Podcasting You, a company helping real estate professionals share their stories on top podcasts. Since 2017, Podcasting You has worked with over 400 clients and booked 6,500+ interviews. Trevor is also an active real estate investor committed to NNN, multifamily, and self-storage deals. He invests in mortgage notes and continually expands his portfolio. Blending expertise in podcasting and investing, Trevor provides valuable insights for leveraging podcasts to raise capital and build authority in real estate. /episode/index/show/readyinvestorone/id/30370288

242: An Insider’s Guide for Out-of-State Investors with Andrew Kim 03/19/2024

242: An Insider’s Guide for Out-of-State Investors with Andrew Kim Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. Industry experts Paul Thompson and Andrew Kim explore the opportunities and obstacles for investors eyeing single-family rentals across the Sun Belt. With boots on the ground from Dallas to Memphis, Andrew offers hard-won advice for vetting deals, financing purchases, and managing rehabs remotely. Gain valuable perspective on the pros and cons of multifamily versus single-family assets. Discover Andrew’s “bird method” focused on cash flow over appreciation. Whether you’re looking to break into the Sun Belt or expand your portfolio, this in-depth conversation delivers actionable intelligence. Key Takeaways: Leverage local expertise when evaluating deals to avoid risky assumptions based solely on numbers Utilize property management partners’ contractor networks to efficiently complete renovation projects Consider DSCR loans for their investor-friendly terms, but understand lenders’ processes vary greatly Diversify across both single-family and multifamily assets to minimize vacancies’ portfolio impacts Prioritize markets with ongoing population growth and landlord-favorable legislation Focus on long-term cash flow over short-term appreciation to build lasting wealth Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Today, we have Andrew Kim, CEO of SHARE, a startup revolutionizing rental property investment. With a background in real estate and experience assisting institutional investors in acquiring over $7 billion in property, Andrew aims to democratize access to the single-family rental market. SHARE offers an end-to-end service, handling everything from property sourcing to tenant vetting, allowing investors to enjoy passive income without the hassles of traditional landlord responsibilities. Andrew's innovative approach and extensive expertise promise to reshape the real estate investment landscape, and I'm eager to delve into his insights on the industry, startup success, and SHARE's market evaluation strategies. /episode/index/show/readyinvestorone/id/30337153

241: The Lone Star Journey with Dasha Beardsley 03/12/2024

241: The Lone Star Journey with Dasha Beardsley Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your lifestyle and economy. Rising star Dasha Beardsley joins Paul in this episode to discuss an unexpected secret to investment success—health optimization. As Manager of Data Science for Cadre, Dasha crunches property numbers by day while juicing up her own vitality by night. Learn how blending profit with daily wellness habits can maximize personal and portfolio performance. Key Takeaways: Simple self-care routines like juicing can boost mental clarity, helping you objectively evaluate deals. Optimizing your health safeguards the energy needed to actively manage investments over the long-term. Blending nutrition and fitness best practices can improve decision-making by reducing stress. Pay attention to absorption-boosting food combinations to get maximum benefits from supplements. Leverage technology like the JUVI juicer to make juicing fast, easy, and mess-free. Start gradually implementing small daily wellness wins rather than drastic quick fixes for lasting change. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Dasha’s Email - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: As the driving force behind investor relations and marketing at Lone Star Capital, Dasha brings to the table a wealth of knowledge and experience. With a remarkable portfolio boasting over $500 million in multifamily real estate acquisitions, her expertise is second to none. Dasha's dedication to serving Lone Star's extensive investor base of over 400 individuals sets her apart in the industry. Through her strategic marketing initiatives, she amplifies the firm's presence, reaching an impressive audience of over 100,000 across various social media platforms. Graduating magna cum laude from the prestigious University of Southern California with a degree in Real Estate Development, Dasha's academic background underscores her commitment to excellence in her field. Tune in as we uncover the insights and strategies that have propelled Dasha to the forefront of real estate investment. /episode/index/show/readyinvestorone/id/30148918

240: The Microdose Diet Journey with Peggy Van de Plassche 03/05/2024

240: The Microdose Diet Journey with Peggy Van de Plassche Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join us on a fascinating journey into the world of the Microdose Diet with Peggy Van de Plassche, a former finance expert turned entrepreneur focusing on psychedelics. In this episode, Peggy shares her background in finance, her entrepreneurial journey, and her transition to focusing on psychedelics, particularly microdosing with magic mushrooms. Discover how this holistic protocol aims to rewire the brain, reduce stress, and enhance personal and professional success. Explore key insights on removing limiting beliefs, achieving congruency with goals, and empowering yourself to make positive changes. Learn about the 12-week Microdose Diet program and the tools it offers for transformation, including journaling, guided meditation, tapping, and more. Dive into the discussion on the legality and history of psychedelics, and how recent shifts in perception are opening new doors for mental health treatment. Key Takeaways: Holistic Approach to Success: The Microdose Diet combines microdosing psychedelics with alternative methods like journaling and meditation to remove resistance and enhance success. Rewiring the Brain: By calming the nervous system and reducing ego barriers, microdosing facilitates easier rewiring of the brain to align with personal and professional goals. Conscious Awareness: Becoming aware of unconscious programming and limiting beliefs is crucial for personal growth and achieving congruency with one's vision. Empowerment: Take ownership of your journey by questioning beliefs, exploring options, and making informed choices that align with your goals and values. Legal Considerations: Understand the legal landscape of psychedelics in your area and weigh the potential benefits against personal comfort levels and legal implications. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Peggy’s Website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Peggy Van de Plassche is a transformational entrepreneur with a background in finance and entrepreneurship. Over 20 years in finance, including real estate and venture capitalism, gave her insights into business dynamics. Transitioning to entrepreneurship, she consulted for financial firms, gaining firsthand experience in business building. However, her journey took a profound turn over a decade ago when she became fascinated by the potential of psychedelics for personal and professional growth. Peggy is now a pioneering figure in exploring the transformative power of psychedelics, particularly microdosing with substances like psilocybin. Her mission is to integrate these ancient tools into modern contexts to help individuals recalibrate their mindset and achieve holistic success. Combining neuroscience, psychology, and personal development, Peggy empowers individuals to overcome limiting beliefs and align their aspirations with their actions. Her upcoming book and online course aim to democratize access to these transformative practices, fostering self-empowerment and personal growth on a broader scale. /episode/index/show/readyinvestorone/id/30148738

239: Real Estate Resilience with Jordan Silvester 02/27/2024

239: Real Estate Resilience with Jordan Silvester Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this insightful episode, real estate investor and agent Jordan Sylvester shares his candid journey through the rollercoaster of the recent Canadian housing market. With raw honesty, Jordan recounts the hard-earned lessons from a series of investments that went awry due to unforeseen interest rate hikes. However, his resilience and thirst for knowledge shine through as he outlines strategies for navigating market shifts, leveraging local expertise, and finding creative solutions to Canada's affordable housing crisis. Jordan's authentic perspective offers a refreshing take on balancing business growth with personal fulfillment. Key Takeaways: Thoroughly model different interest rate scenarios when investing to prepare for potential market shifts that can derail your projections. Leverage local market knowledge and tap into expert guidance to make informed decisions tailored to your specific region and housing dynamics. Explore alternative housing solutions like tiny homes, modular builds, and zoning adjustments to help address the affordable housing shortage. Maintain an opportunistic mindset and willingness to adapt your strategies as conditions change, rather than stubbornly sticking to a rigid plan. Prioritize authenticity, simplicity, and work-life balance to find true fulfillment beyond just financial success in your investing journey. Continually invest in your own education, cultivate strong relationships, and surround yourself with like-minded individuals pursuing growth. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: Jordan's Email - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: With roots in real estate passed down from his father, Jordan Sylvester has established himself as a prominent figure in Windsor, Ontario's housing market since becoming a licensed realtor in 2007. Beyond being an agent, Jordan is celebrated as a top real estate investor in the region, with a diverse portfolio ranging from first-time homebuyers to seasoned investors. His involvement in buying, renovating, and renting out properties underscores his commitment to the field. Jordan's relaxed demeanor and genuine approach set him apart from traditional realtors, as he prioritizes authenticity and deep connections with his clients over formalities. His dedication to their financial well-being, coupled with his own experiences as an investor, enhances his credibility. Whether you're new to real estate or a seasoned veteran, Jordan offers a refreshing blend of authenticity and expertise in residential real estate. /episode/index/show/readyinvestorone/id/30063383

238: Creative Asset Protection for Savvy Investors with Scott Royal Smith 02/20/2024

238: Creative Asset Protection for Savvy Investors with Scott Royal Smith Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Paul Thompson taps the mind of asset protection expert Scott Royal Smith in this wide-ranging discussion exploring creative strategies to shield your wealth. Learn the crucial steps these pros say you must take to fortify your investments against legal attacks and economic uncertainty. From anonymous LLCs to ironclad trusts, they reveal the keys to bulletproofing your empire. Key Takeaways: Use an asset holding company structure to create separation between operating companies and owned assets, limiting liability Form anonymous LLCs and land/private property trusts in states like Wyoming and Texas with strong charging order protections to obscure ownership Compartmentalize assets across limited liability entities to prevent legal attacks against one asset from reaching others Link anonymously-owned trusts to a law firm to secure details under attorney-client privilege for maximum asset protection Focus on simplicity in business by offering one clear service and spending time on fulfilling tasks instead of unenjoyable duties Seek to find purpose beyond money for true life fulfillment, but leverage financial education and coaching to enable personal growth Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: royallegalsolutions.com - Scott's Website - Scott's Email - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Scott Smith is a new breed of real estate attorney who brings a fresh perspective to asset protection strategies. As the founder of Royal Legal Solutions, Scott has pioneered an approach to securing real estate investments and other assets that breaks from tradition. With his litigation background, Scott intimately understands the realities of lawsuits and how to effectively shield yourself. He leverages this experience to offer simplified solutions for the complex legal structures typically used. Scott has a great sense of humor that shines through as he demystifies intricate asset protection concepts into easy-to-grasp recommendations. So whether you own some income properties or are looking to build a real estate empire, Scott has innovative, affordable strategies to protect your hard-earned assets from legal attacks and economic uncertainty. His fresh thinking provides legal protection with less hassle. /episode/index/show/readyinvestorone/id/29965178

237: Empowering Women Towards Financial Independence with Susan Geist 02/13/2024

237: Empowering Women Towards Financial Independence with Susan Geist Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this episode, we dive into the journey of our guest Susan Geist, and her husband who achieved financial freedom and left their traditional nine-to-five jobs. We explore their path to financial independence, starting from childhood experiences to navigating the challenges of the corporate world. From unconventional housing strategies to venturing into real estate investments, Susan shares valuable insights and lessons learned along the way. The episode highlights the importance of financial education, tax optimization strategies, and diversifying investment portfolios. Moreover, Susan discusses the significance of empowering women in achieving financial independence, breaking societal norms, and fostering economic empowerment. Key Takeaways: Start Early: Childhood experiences and early financial goals can shape long-term financial independence aspirations. Unconventional Strategies: Creative housing hacks and leveraging per diem benefits can accelerate savings and investment opportunities. Diversification: Building a diversified investment portfolio, including real estate, stocks, and alternative investments, helps mitigate risks and optimize returns. Tax Optimization: Understanding tax strategies, such as cost segregation, bonus depreciation, and tax loss harvesting, can significantly reduce tax burdens and enhance cash flow. Empowering Women: Empowering women with financial education and resources enables them to break free from societal constraints, pursue financial independence, and contribute to economic empowerment and gender equality. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Susan's Website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Susan Geist, PMP, is a financial empowerment advocate with a passion for helping women achieve financial independence. Growing up in a lower-income family in East Tennessee, Susan witnessed firsthand the challenges faced by women due to a lack of financial education and resources. Determined to break this cycle, Susan embarked on a journey of self-education and empowerment. Armed with degrees in math and environmental toxicology, Susan started investing in her early twenties, gradually building a multi-million-dollar investment portfolio that generates six-figure passive income annually. Through her own experiences navigating taxes and investments, Susan has developed expertise in legal tax strategies, successfully lowering her tax bill by $100K while continuing to grow her wealth. As a certified Holistic Financial Planning Coach, Susan is dedicated to empowering women to take control of their finances, offering guidance on wealth accumulation and aligning financial strategies with their life goals and dreams. /episode/index/show/readyinvestorone/id/29841203

236: Real Estate Revolution with Virtual Assistants and Strategic Acumen with Bob LaChance 02/06/2024

236: Real Estate Revolution with Virtual Assistants and Strategic Acumen with Bob LaChance Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join host Paul Thompson with guest Bob Lachance in a conversation that digs into the intriguing intersection of real estate investment, virtual assistants, and the evolving landscape of remote work. Bob shares his rich journey from rehabber to founder of a virtual assistant company, shedding light on the critical role of practical knowledge and effective systems in the real estate market. Explore the cost-effective solution of hiring virtual assistants from the Philippines and discover the diverse tasks they can manage, from lead generation to admin responsibilities. The episode also navigates the challenges of finding reliable virtual assistants and outlines the potential benefits of acquiring properties to alleviate tax burdens. Key Takeaways: Virtual assistants play a vital role beyond administrative tasks. Commonly outsourced tasks in real estate, like lead generation and admin responsibilities, are efficiently handled by virtual assistants, offering a valuable resource for investors. Hiring reliable virtual assistants is challenging, but Bob shared insights into a rigorous hiring process. Outsourcing to specialized third parties can be beneficial. Investors should understand their niche and seek virtual assistants accordingly, avoiding the expectation of them running the entire business. Due diligence is advised in selecting virtual assistant companies. Bob's decision to invest in properties for tax relief is highlighted. Positive cash flow and long-term property holding are emphasized, acknowledging challenges like property management and the need for virtual assistants. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Bob Lachance, a respected national speaker and mentor, specializes in business growth through strategic automation and outsourcing. With leadership in four enterprises, he played a key role in launching a major real estate coaching program. Originally from Bristol, CT, Bob began as a standout ice hockey player at Boston University, contributing to their 1995 National Championship. Despite being two classes shy of graduation, Bob left academia for an eight-year professional hockey career in the US and Europe. At 30, transitioning from hockey, he self-educated in real estate, completing over 1,500 transactions since his first property in 2004. Bob's entrepreneurial journey includes launching successful coaching programs, three virtual assistant staffing companies, and ownership of REVA Global LLC, providing trained real estate virtual assistants. His resilience in the face of setbacks and unwavering commitment serve as an inspiration for all on the path to success. /episode/index/show/readyinvestorone/id/29764713

235: From Cutco Knives to Virtual Operations Revolution with Mike Abramowitz 01/30/2024

235: From Cutco Knives to Virtual Operations Revolution with Mike Abramowitz Description: Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join Paul and Mike in this engaging episode where they delve into their unexpected journey from discussing AI applications to sharing their personal experiences in entrepreneurship, particularly with Cutco kitchen knives. Discover how their shift to virtual operations transformed their small business, leading to significant success during the challenging times of the Covid pandemic. Gain valuable insights into automation, delegation, and restructuring strategies that have not only enhanced productivity but also allowed them to recoup precious time. From practical investment strategies to leveraging AI tools, this podcast covers a range of topics to inspire and guide entrepreneurs on their journey. Key Takeaways: Cutco Triumph: Mike's journey selling $19.5 million in Cutco knives teaches the power of effective sales and training strategies for business success. Virtual Triumph: Shifting to virtual operations during Covid, recruiting 1,000+ people, and generating $2.5 million underscores the importance of adaptability, automation, and delegation in small businesses. Tech-Driven Success: The emphasis on technology, defining systems, and identifying high-value activities showcases how incorporating automation can boost business efficiency. A 90-day delegation plan offers a practical roadmap. Time Audit Wisdom: The concept of a time audit and strategic task categorization highlights the value of investing time wisely. Business investment for time recoup and reinvestment underlines smart growth strategies. Delegation and Accountability: Insights into effective delegation, business restructuring, and implementing accountability strategies provide a blueprint for streamlined operations. The 'RPM' method ensures effective meetings. Self-Improvement & Tech Integration: Emphasizing personal and professional self-improvement, coupled with integrating AI tools like Opus Clips and chatbots, underlines the importance of continuous innovation for professional growth. AI for Business Growth: Utilizing Chat Gpt, Oasiscom, and other AI tools for personalized communication, content creation, and delegation exemplifies the role of AI in enhancing sales and marketing efforts. Optimizing Tasks: Strategies for task optimization through tools like Loom and the introduction of a 90-day delegation plan with AI-powered virtual assistance highlight efficient task management and business growth. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Mike's LinkedIn - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Meet Mike Abramowitz, the driving force behind reclaiming precious time for overworked entrepreneurs. As the Co-founder of Better Than Rich, Mike is on a mission to help entrepreneurs gain back 13-37+ hours every single week. With a passion for efficiency and productivity, he's dedicated to empowering business owners to optimize their time and reclaim a total of 10,000,000 hours. Join Mike on a journey towards a more balanced and fulfilling entrepreneurial life. /episode/index/show/readyinvestorone/id/29623578

234: From Island Dreams to Real Estate Schemes with Charles Rose Jr. 01/23/2024

234: From Island Dreams to Real Estate Schemes with Charles Rose Jr. Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join us in this episode as Charles shares an inspiring journey from humble beginnings in the Bahamas to becoming a successful real estate investor and coach in the US. Charles delves into their transition from single-family to multifamily properties, international investments, and the impact of heartfelt recommendations. The conversation explores Charles's coaching philosophy, work ethics, relationship-building strategies, and reflections on post-graduation experiences. Key Takeaways: Charles's transition from single-family to multifamily properties and the pursuit of an international investment in the Dominican Republic showcase a dynamic real estate journey. Charles's passion for helping others, developed through community service, has driven them to become a real estate coach, emphasizing problem-solving skills and active involvement in events. Charles stresses the importance of giving one's best in all endeavors and building relationships without expecting immediate returns, highlighting the value of selfless actions. Charles's approach to recognizing and supporting good initiatives, illustrated through heartfelt recommendations, has led to unexpected opportunities and leadership positions. Charles and Paul discuss the significance of showing support and offering help in relationships, emphasizing positive attitudes, and intentional connections for mutual benefit. Charles and Paul reflect on their post-graduation experiences, sharing frustrations with their career paths and emphasizing the importance of taking control of personal goals and not relying solely on companies. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: Coupon Code 're101' - Charles' LinkedIn - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Meet our inspiring guest host Charles Rose Jr. whose mantra is, "It’s not about my story, it’s about the next story!" With an unwavering commitment to empowering young minds, our host envisions a world where dreams are not just aspirations but attainable realities. Their passion for making a positive impact has led to the establishment of a worldwide scholarship and mentoring organization. Recipient of the prestigious Blythe Construction President’s Award, our guest host is acknowledged for exceptional vision, leadership, and excellence. Their initiative, the Blythe Emerging-Leaders Network (BEN), a beacon of leadership, professional development, and community service, has evolved into Eurovia USA, leaving a lasting impact across multiple locations. Join us as we explore the experiences and insights of this remarkable individual, dedicated to shaping a brighter future for aspiring leaders and dreamers. /episode/index/show/readyinvestorone/id/29548018

233: Flipping the Future with Scott Jelinek 01/16/2024

233: Flipping the Future with Scott Jelinek 233: Flipping the Future with Scott Jelinek Description: Join Scott and Paul in a candid conversation about personal backgrounds and business experiences that paved the way for their unique approach to real estate. Beginning with their diverse journeys, the discussion unfolds into Scott's real estate evolution, from the 1994 investment to the 2007 crash and the valuable lessons learned. The duo explores the groundbreaking 'Slow Flip' strategy, a distinctive investment approach using short-term private financing and long-term sales for maximum profits. Delve into the 5-year amortization strategy, the power of the cash flow snowball, and Scott's unconventional yet effective property financing and management strategies. Gain insights into the financial implications of real estate strategies and discover Scott's future-focused approach, highlighted in his book, "The Art of the Slow Flip." Key Takeaways: Uncover the evolution of Scott's real estate journey, from losses to lessons, and the pivotal shift towards owning properties outright. Explore the 'Slow Flip' strategy, a unique approach involving short-term financing and long-term sales for sustained profits in the real estate market. Learn about the 5-year amortization strategy, the cash flow snowball, and unconventional yet successful property financing and management methods. Gain insights into the financial implications of real estate strategies, with a focus on creating equity and long-term wealth. Discover Scott's future planning philosophy, emphasizing the importance of considering the future while making present decisions. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Scott’s Email SlowFlips.com - Scott’s website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Scott Jelinek, a seasoned entrepreneur, and real estate expert with three decades of industry experience, started his entrepreneurial journey at just fifteen. After military service, he ventured into real estate, completing over 800 deals and establishing himself as a distinguished leader. Central to Scott's success is his innovative "slow flip" strategy, allowing him to own 158 houses, ensuring a steady monthly income sans typical landlord headaches. A pioneer in creative investing, Scott acquires houses without money or credit, shaping them into lucrative long-term investments. A fervent advocate of knowledge sharing, Scott imparts wisdom through seminars, coaching others to achieve financial goals in real estate. As a full-time investor, he mentors aspiring individuals, driven by a passion to empower others for financial freedom. Dive into Scott Jelinek's expertise, unraveling the vast opportunities within real estate. /episode/index/show/readyinvestorone/id/29356953

232: Breaking Real Estate Boundaries with Nicolas Mertens 01/09/2024

232: Breaking Real Estate Boundaries with Nicolas Mertens Description: Embark on a riveting journey with Paul and Nick, as they break free from conventional thinking and delve into the world of real estate entrepreneurship. Nick shares his unique experience of navigating the European real estate market, starting from his roots in Belgium to strategically exploring opportunities in multifamily properties. Learn about Nick's epiphany moment while on vacation in South Africa, where he discovers the powerful mechanics of the BRRR strategy, adapts it to his European context, and leverages investor partnerships to maximize his capital. The conversation explores the challenges and triumphs of real estate entrepreneurship in a global context, providing insights that challenge traditional perspectives and inspire a lifestyle of financial freedom. Key Takeaways: Gain a deep understanding of how core real estate principles transcend geographical boundaries, allowing entrepreneurs to apply successful strategies globally. Explore Nick's journey from technology to real estate, revealing the mindset shift and strategic adaptations required to thrive in the European market. Uncover the pivotal epiphany moment that led Nick to embrace the BRRR strategy, modify it for his region, and leverage investor partnerships for exponential growth. Learn about the economic advantages and challenges of renovating identical apartments in multifamily buildings, providing insights into the unique dynamics of the European real estate landscape. Discover the importance of timing and adaptability in real estate entrepreneurship, as Nick shares his experience of selling a portfolio at the peak of the market, showcasing the impact of strategic decision-making in the face of economic uncertainties. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: Nicolas Mertens' Worry-Free Real Estate Investing website Nick's email - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Nick, a seasoned professional, has made his mark by successfully launching over 10 digital products and providing invaluable strategic counsel to corporate ventures. His expertise spans the entire entrepreneurial spectrum, from ideation and validation to flawless tactical execution. Nick emerges as the visionary founder of Worry-Free Real Estate Investing. This groundbreaking venture promises double-digit returns, backed by valuable real estate assets. By ingeniously transforming distressed properties into modern havens, Nick ensures investors enjoy unparalleled returns. Tune in as we unravel Nick's entrepreneurial insights and explore the innovative strategies that set him apart in the dynamic world of business. /episode/index/show/readyinvestorone/id/29356713

231: Building Lives Beyond Bricks With Jim Sheils 01/02/2024

231: Building Lives Beyond Bricks With Jim Sheils Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join Paul and Jim in a captivating discussion that delves into both personal and professional realms. This episode explores Jim's expertise in the 'build to rent' niche, his upcoming book "The Passive Income Playbook," and the dynamic landscape of real estate investment. From the challenges of land development to in-house financing strategies and market expansions, this conversation uncovers valuable insights for aspiring entrepreneurs and investors. The hosts also emphasize the importance of work-life balance and share impactful strategies for success in both family and business life. Key Points From This Episode: Personal and Professional Journeys: Discussion on personal and professional aspects, including real estate investment and family education. Introduction to their upcoming book, "The Passive Income Playbook." Building New Homes for Rent: Insight into the 'build to rent' niche and its focus on residential properties in high-growth areas. Clarification on the misconception of constructing entire neighborhoods. Land Development for Build-to-Rent Projects: Exploration of the process and challenges of land development for 'build to rent.' Emphasis on starting small with infill lots in established areas. In-House Financing and Market Expansion: Importance of in-house financing for business sustainability. Discussion on expanding into new markets, including Texas and Tennessee. Financing and Investment Opportunities: Insights into the financial backing by Sumitoma, a large Japanese company. Discussion on the benefits of in-house financing and potential investment opportunities. Real Estate Investment and Family Success Strategies: Benefits of real estate investment, illustrated with a case study. Introduction to passive income and active freedom, promoting family success. Teaching, Family, and Tech Fasting: J's Insights: Core elements of family teaching, including the 'one to one principle.' Introduction of 'intermittent tech fasting' for better family relationships. Technology's Impact on Communication: Discussion on occasional unavailability for deeper communication. Emphasis on improved relationships through reduced technology distractions. Work-Life Balance: Prioritizing Family: Personal stories highlighting the negative impact of work distractions on family moments. Importance of prioritizing family over work for personal growth and better relationships. Balancing Professional and Personal Commitments: Insights into scheduling regular time for both professional and personal commitments. Discussion on maintaining a balance and prioritizing time with family. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: jjplaybook.com - Jim’s Personal Website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Jim is a partner at Southern Impression Homes, specializing in building rental portfolios in Florida's high-growth markets. The company focuses on Build-to-Rent properties like single-family homes, duplexes, and quads with property management. Jim's real estate experience includes over 2,000 rehabs and ownership of Jax Wealth Investments, which focused on bulk foreclosures. After a successful joint venture, Southern Impression Homes and Jax Wealth Investments merged in 2022 to better serve the Build to Rent niche. In addition to his real estate career, Jim co-founded 18 Summers, offering keynotes, workshops, and retreats on balancing business success with strong family relationships. Jim and his wife Jamie are bestselling authors of "The Family Board Meeting" on Amazon, providing frameworks that benefit business leaders worldwide in strengthening family connections. /episode/index/show/readyinvestorone/id/29146463

230: Navigating Acquisitions and the SAS Landscape With Michael Frew 12/26/2023

230: Navigating Acquisitions and the SAS Landscape With Michael Frew Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join us as we delve into the entrepreneurial journey of a seasoned professional, exploring the mechanics of business acquisitions and the lucrative Software as a Service (SaaS) landscape. Discover the unique strategies and personal experiences shared by Michael Frew, offering valuable insights for aspiring entrepreneurs and seasoned investors alike. Key Points From This Episode: Progress in the acquisition strategy by continuous learning and adaptation with each new opportunity. Exploring the preference for businesses targeting engineering teams, providing tools and utilities that cater to the needs of technical professionals. Discussing the advantages of investing in online businesses, such as higher cash flow compared to traditional investments like real estate. Insights into tax benefits, depreciation, and appreciation unique to the online business space. Acknowledging the valuable lessons learned from acquisitions that didn't go as planned, emphasizing the importance of failure in entrepreneurial growth. Drawing parallels with Warren Buffett's investment philosophy, adopting a meticulous approach to acquisitions with a limited number of strategic investments. Demystifying Software as a Service (SaaS) businesses, highlighting the recurring revenue model and the appeal of acquiring companies in this space. Hands-on approach to business operations, especially in the realm of SAS companies, where a deep understanding of engineering needs remains crucial. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: www.michaelfrew.com - Michael's Personal Website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Michael Frew is a seasoned technology veteran boasting over two decades of experience collaborating with industry giants such as Lockheed Martin, IBM, and Amazon. In a bold shift towards Acquisition Entrepreneurship, Michael has successfully navigated the digital landscape, overseeing an impressive 8-figure portfolio of cloud-based software companies. This strategic move has resulted in a consistent 7-figure annual income. Michael's proficiency in digital business acquisitions and operational management has not gone unnoticed. He has gained recognition in esteemed outlets such as FE International, Indie Hackers, and Empire Flippers. /episode/index/show/readyinvestorone/id/29004563

229: Career Breakthroughs and Financial Independence With Bradley Rice 12/19/2023

229: Career Breakthroughs and Financial Independence With Bradley Rice Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Join us on "Career Breakthroughs and Financial Independence" as Paul explores the journey of Brad, a self-made expert in the world of Salesforce, who went from a cattle farm in West Georgia to financial independence by the age of 31. Discover how Brad's unconventional path led him to become a sought-after talent in the tech space and how he transitioned from freelancing to founding Talent Stacker, a company dedicated to helping others achieve career success in the tech industry. Key Points From This Episode: Rural Upbringing: Brad's rural childhood on a West Georgia cattle farm shaped his strong work ethic. College Struggles: Despite excelling academically, Brad faced challenges in finding a job after college. Salesforce Discovery: A temp job at a bank leads Brad to discover Salesforce, altering his career path. Freelancing Success: Brad achieved financial independence at 31 by freelancing in Salesforce consulting. Talent Stacker's Origin: Brad found Talent Stacker from a Facebook group, helping people enter the tech space. Scaling Impact: Brad scales his impact by offering free courses and creating a YouTube channel through Talent Stacker. Lifestyle Design: Brad emphasizes lifestyle design, financial independence, and sharing knowledge. Future of Talent Stacker: Brad discusses his aspirations for Talent Stacker, evolving to help individuals in the tech industry. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Brad’s Personal Website - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Bradly Rice, the visionary behind Talent Stacker, draws from his rural upbringing, overcoming college challenges, and discovering Salesforce during a temp job. Achieving financial independence at 31 through freelancing, he founded Talent Stacker after recognizing its potential in a tech-focused Facebook group. Brad scales impact through free courses and a YouTube presence, emphasizing lifestyle design and financial independence. With a commitment to innovation, he envisions Talent Stacker as a transformative force in guiding individuals through the dynamic tech industry, showcasing resilience and a passion for empowering others. /episode/index/show/readyinvestorone/id/29003683

228: Learning to “Wake Up Broke” with Brandon Steiner 12/12/2023

228: Learning to “Wake Up Broke” with Brandon Steiner Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Legendary Sports entrepreneur & author Brandon Steiner joins Host Paul Thompson for this episode of “The Wake-Up Call” Podcast. After starting the Steiner Agency with just $4000, Brandon turned his company into a multi-million dollar business while simultaneously becoming the biggest name in the history of Sports Marketing. He quickly became the best in the field, connecting thousands upon thousands of athletes with companies for brand deals throughout his career. Since leaving the Steiner Agency, Brandon’s speaking and writing focuses on the importance of “waking up broke”-- the idea that you have to continue to have the fire and passion inside that you had when your back was against the wall. He and Paul talk at length about what that means, and the projects he is working on next. Key Points From This Episode: Human Beings Are Built to Be Resilient– We work well in Urgency. You Gotta “Have Balls”. Have the tenacity, urgency, and fire every day you need to move forward. Success can get in the Way of Success, if you allow it. You Never Know Where the Work You Did Will Serve You. Leadership Starts Young. Any Act of Kindness is Leadership. Riches are in the Niches. Stop Thinking About Your Business Like Everyone Else Does. Turn Up the Volume on your Curiosity & Enthusiasm. Focus on and Work on What you CAN Control. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Brandon’s Personal Website highlighting his business & speaking, with LINKS to Purchase his Books. - Website of Brandon’s Current Business, CollectibleXchange - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Brandon Steiner is the Founder & President of The Steiner Agency, the nation's premiere independent athlete procurement source, and CollectibleXchange, an online platform for fans, collectors, store owners, celebrities, athletes and teams to buy and sell collectibles. Throughout his decorated career, Brandon amassed great success through serial entrepreneurism and marketing savvy. From sports marketing to memorabilia, and most recently to authorship, Brandon has become proficient in marketing strategy and personal branding as a way to scale success and continue growth. He is also a premier motivational and inspirational speaker, having spoken to world-class organizations such as the New York Yankees, BMW North America, Nike, Live Nation, Cornell University, TEDx and Harvard Business School. /episode/index/show/readyinvestorone/id/29003568

227. Building From the Ground Up with Alex Jarbo 12/05/2023

227. Building From the Ground Up with Alex Jarbo Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Host Paul Thompson is joined for this episode of “The Wake-Up Call” Podcast by Short-Term Rental/Hospitality Professional, Youtuber, and “Builder”, Alex Jarbo. The two discuss how he has optimized an incredible workflow unique to the Hospitality space, including bringing in returning customers and maximizing cash flow. After leaving the military, Alex’s “Wake-Up Call” led him into business and moved him toward the Ashville, North Carolina sector. He has since started building and renting interesting and unique spaces such as Cabins and Treehouse Rentals, which he considers to be the future of Short Term Rentals/Airbnb. Key Points From This Episode: Every Market Has its own Caprate. The more Streamlined your operations, the higher the valuation Boomers are Passing their properties on to Millenials and Gen Z who are much more likely to sell than their elders. The goal is to capture guests’ info after bookings, and remarket to them through a direct booking website– avoiding Airbnb, etc. entirely. If customers find a good host, they’re much more likely to rebook, creating a wheel of direct rebookings What Tech can you get involved into your Business before you involve a “Who”? The Larger the Runway (Bigger Size of Deal) The longer the duration of the deal Airbnb/Vacation Rentals has gone to the “Unique Stay” space, leaning hard into something “Instagrammable” and exciting. If you can make it work in this interest rate environment— you can make it work anywhere. “Survive to ‘25”. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Alex’s Personal Website Openatlas.investments - Link to the Syndication Website for the Treehouse Community that Alex is working on - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Alex Jarbo is the founder and CEO of Sargon Investments. He is a regular contributor to some of the top real estate investing podcasts in the world. He is also the host of the YouTube channel Alex Builds where he teaches how to properly build and manage short term rentals. Sargon Investments is a short term rental resort development firm. We work to provide above average, double digit returns to our accredited investors. /episode/index/show/readyinvestorone/id/28920373

226. Embracing the 3-Hour Workday with Knolly Williams 11/28/2023

226. Embracing the 3-Hour Workday with Knolly Williams Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Known as “The Business Healer”, author, inspirational speaker, and real estate mogul, Knolly Williams joins host Paul Thompson for this episode of “The Wake-Up Call”. The two discuss Knolly’s tough upbringing and how it influenced his choice to enter the world of business. From the complex notion of discussing Quantum Mechanics, down to the simplicity of connecting over past experiences, Paul and Knolly break down the value and the importance of tapping into the subconscious mind— the part of your brain that makes up 95% of your decision-making… allowing you to step into your ultimate greatness. Key Points From This Episode: Everything that physically exists was an idea in the mind of a human being at one time. 95% of what happens in your day to day happens at the sub-atomic level– automatically. Your habits are the result of your beliefs. Every action you’ve taken in your life has led you to where you are right now. You can completely rework and rewire the fabric of your brain, so that you think differently When you change what you believe, you not only change what you have, you change who you are. The #1 Regret of people on their deathbed: “I wish I’d lived a life true to myself, not what other people wanted” 90% of the things we do every day for our businesses, only move the needle 10%. So what is the 10% we actually need to focus on? Just 2 Things Are Essential to actually bringing in money. 1) Generating Leads and 2) Making Sales. You might be Wounded, but You’re Not Broken. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Knolly’s personal website to access his books, programs, and more - Link to purchase “3 Hours A Day” by Knolly Williams - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Knolly empowers business leaders, real estate agents and entrepreneurs to spark growth in their businesses by reconnecting to their passion and internal compass. His business healing method teaches you to systemize, organize, automate, and delegate your business to create freedom in your finances, time, and location. Knolly runs three separate and distinct 6 Figure Businesses while working just 3 Hours a Day, and he teaches thousands of entrepreneurs and business leaders how to duplicate that success. /episode/index/show/readyinvestorone/id/28743023

225. Living a Non-Negotiable Life with Angie Wisdom 11/21/2023

225. Living a Non-Negotiable Life with Angie Wisdom Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Paul Thompson is joined for this episode of “The Wake-Up Call” by Life and Business Coach Angie Wisdom. After getting started as an investment firm owner and financial advisor, Angie has moved into the life coaching space, guiding people into becoming the best possible, most “non-negotiable” version of themselves they can be. The two go into detail about the need for knowing and having access to the greatest version of ourselves, so that we can create the life, business, and relationships that we want. You have to “fill up your own cup” before you can fill the cup of others. Angie and Paul have a fantastic discussion about life and lessons learned that make up Angie’s new book, “The Non-Negotiable You”. Key Points From This Episode: If you can genuinely bring your Focus to what you CAN Control, you’ll have so much freedom to become the best version of yourself. You can’t hitch your happiness onto someone else’s happiness– Otherwise you will need to be in control of others in order to feel joy. No matter who you are or where you come from, many of us have “Universal Challenges” that all come from the same place. YOU have to be great at being YOU. The “Morning Mindset” is key. If you win the morning, you win the Day. You can’t expect to respond with the right tools and knowledge (such as gratitude) if you’re not practicing them everyday. When You “Choose Your Seat”, you know exactly where you want to be and what place you want to be in. From there you can be intentional about taking action. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Angie’s Personal Website, Access Her Coaching, Book info, and More - Amazon Link to Angie’s Book: “The Non-Negotiable You” - Angie Wisdom’s “Sharing Wisdom” Podcast - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Angie Wisdom is a Master Certified Coach with the ICF and 25+ years of business experience. She helps burned-out business owners stop running in place and start elevating their companies by putting themselves first and carving out the time to master their own leadership skills. As the professional coach behind the scenes for many of the most successful people you know, she is a mentor and confidante that navigates her clients from that place of searching for success to achieving more than they ever thought possible. Only 4% of the coaches in the country have an MCC designation and Angie uses this distinction along with her experience and knowledge to guide her clients professionally and personally. /episode/index/show/readyinvestorone/id/28675018

224. One Connection at a Time with Corey Chonsky 11/14/2023

224. One Connection at a Time with Corey Chonsky Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Former Navy Veteran and current Real Estate Investor Corey Chonsky joins host Paul Thompson for this episode of “The Wake-Up Call”. Similarly to Paul’s story in the corporate world, Corey saw a financially secure future for himself outside of the military and took a leap into Real Estate Investing. Beyond the discussion surrounding Corey’s time in the navy, the two go into detail about best practices for investing, regardless of if it's on your own or with a group through Syndication. Knowing how to connect with others, and who to connect with, is likely to determine the success of your Syndication regardless of what sort of deal you’re planning to do. Key Points From This Episode: Measure growth carefully, and don’t bite off more than you can chew. Bring in team members who fill in your gaps– know your weaknesses. A Deal Might fall through, but you can come out better with the new connections you’ve made, as long as they’re carefully vetted. You can’t have someone on your team for the sole purpose of capital– you need an established relationship A great way to get into syndication is to offer a team (like Corey’s) help in some sort of way, services, etc. Being intentional about increasing connections is important when getting into the syndication world. Conferences, podcasts, social media, etc. are all important. “Survive until 2025”... Many people are waiting to see what’s going to happen in real estate in the coming months Get in the Game. You can only learn academically for so long until you have to jump in. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Official Website for Corey & his business - Link to Corey’s Podcast, called “One House at a Time”, available anywhere you find Podcasts - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Corey Chonsky is originally from Minot, North Dakota. Corey enlisted in the Navy in 1998 and graduated with a Mechanical Engineering degree from the University of Wisconsin-Madison in 2007. He was commissioned as an Ensign in the US Navy and was stationed at Norfolk, VA in 2015. Today, Corey manages commercial real estate syndications across three coastal states. He is a general partner for nine apartment syndications in Virginia, Florida, Maryland, and Texas. Overall, Corey's portfolio consists of $100 million AUM with over $10 million in renovations. /episode/index/show/readyinvestorone/id/28615993

223. The Power of Authentic Conversations with JM Ryerson 11/07/2023

223. The Power of Authentic Conversations with JM Ryerson Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. On this episode of “The Wake-Up Call”, host Paul Thompson interviews performance and leadership coach, JM Ryerson, on his passion for podcasting and authentic conversations. They delve into the importance of morning routines, mindset, and biohacking. JM talks at length with Paul about his love for reading and how it translates to his writing process. Along with his expertise in leadership, the conversation also touches on the significance of leading oneself before leading others, and how the way you begin your day impacts your wellbeing, and overall personal growth and development. Key Points From This Episode: Morning routines are essential in priming oneself for the day. Incorporating gratitude, meditation, and physical activity can set the tone for a productive day. Growth mindset, grit, and gratitude, are crucial in achieving one's goals. Reading is a habit that not only provides knowledge and learning but has a meditative effect on the mind. “Ground” your body by touching base with nature when feeling lost. Authentic conversations, like those in podcasting, can unveil fascinating insights and perspectives from people you may think you already know. Leading oneself, focusing on personal growth and development, is crucial before becoming an effective leader of others. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - JM’s website with links to his coaching, podcast, and more ? - JM’s collection of Books available for purchase on Amazon - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: JM Ryerson is a performance and leadership coach who focuses on helping individuals through coaching, speaking, and writing. He is the CEO of Let's Go Win and co-author of two books, "Let's Go Win: The Keys to Living Your Best Life Every Day" and "From Success to Significance: The Strategy to Build a High-Performance Life." /episode/index/show/readyinvestorone/id/28511279

222. Changing Lives, Improving Communities, and Growing Wealth with Sam Sells 10/31/2023

222. Changing Lives, Improving Communities, and Growing Wealth with Sam Sells Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. On this episode of “The Wake-Up Call”, Host Paul Thompson shares a great conversation with Community Shaper and Real Estate Syndication expert, Sam Sells. The two discuss the benefits that Real Estate can provide to large groups of people, beyond the obvious potential for growing your own wealth and portfolio. Sam’s Wake-Up Call came when he started to make money, but wasn’t making an impact. He has always been keen on helping others and transforming communities, and he’s developed a fantastic way of using Syndication to invest into underserved neighborhoods. Sam and Paul go into detail about the methodology of Sam’s Syndication, what’s working and what isn’t, and how you can get involved and get started. Key Points From This Episode: Find a Coach or Mentor– Namely someone who has been in the business for a while There's no problem with 3rd Party Property Managers if you don’t have a large presence in a market. “High Impact Deals” are challenging projects, but are worth the investment for the improvement of the community. A “Rate Cap” is something you can add to a loan that caps the most an interest rate can float to… for a premium rate. Be Open to different kinds of deals. 60/40 Deals, 50/50 Deals, Waterfall deals, etc. are all possibilities depending on the type of property and the situation. Setting Up a Fund is More Difficult Than Expected… But Worth it. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Sam’s Company Website, “Wild Mountain Capital”, in which you can learn how to get involved in his Syndication Deals - Sam’s LinkedIn Page, where he posts valuable information and articles - Coaching by Sam, teaching you how to jump into great deals with great partners - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Sam Sells is a master of Real Estate Syndication through his company, Wild Mountain Capital. He’s traveled the world as a part of the Air Force and eventually saved up enough money to begin investing into Mobile Home Units with his father. Just 6 months after their initial investment, the two were gaining $12,000 in cash in passive income. Now, Sam has many properties all over the country, and teaches others how to get into the field of Real Estate as well, changing lives and transforming communities along the way. /episode/index/show/readyinvestorone/id/28464392

221. Real Estate Syndication 2.0 with Adam Gower 10/24/2023

221. Real Estate Syndication 2.0 with Adam Gower Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. Host Paul Thompson is joined in this episode of “The Wake-Up Call” by Syndication Mastermind Adam Gower, to talk through the current state of the market and what it means to be involved in Syndication TODAY. Adam Gower Calls his methodology “Syndication 2.0”, in which he approaches syndication from a crowdfunding framework. He explains that the language being used in today’s market has to be totally reframed to accommodate the ever-evolving market of today. He and Paul discuss at length the ins-and-outs of Interest Rates, Models, working with LP’s in a straightforward and transparent manner, and so much more. Key Points From This Episode: In Today’s Market, You Must Learn the Language of a Downturn. The “New Normal” will include higher evaluations and interest rates. To Be Successful, you have to underwrite the worst case scenario. You Win with Patience. Opportunities are Emerging, but it’s important to know when to get back into the Market. You Have to Build Your Own Models/Spreadsheets. Have the discipline to start with a blank spreadsheet, so you understand how it will respond in wacky situations. Understand Your Numbers, and the implications of your assumptions. You Must Communicate Transparently With Your Investors. Create Educational Material easily accessible to your potential investors so people learn about you, and can trust you, before you ever meet. Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Learn More about Syndication through Crowdfunding with Adam’s company, “GowerCrowd” & Sign Up for His Newsletter - Check out and Purchase Adam’s Gower’s New Book “Real Estate Capital Calls and Rescue Capital” - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Adam Gower is a 30-year veteran in real estate, banking, and finance who earned his Ph.D. in banking history at the University College London. He has held senior management positions at some of the largest companies and institutions in the world and is recognized as an industry thought leader on the impact of crowdfunding on real estate. Dr. Gower is author of several books focused on the history of real estate crowdfunding, real estate investing, and risk mitigation, and his educational courses have been sold worldwide. /episode/index/show/readyinvestorone/id/28288085

220. Finding Your “North Star” with Scott Miller 10/17/2023

220. Finding Your “North Star” with Scott Miller Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. In this episode of “The Wake-Up Call”, Host Paul Thompson is joined by CEO Scott Miller for a great and personal discussion surrounding finding your purpose– Your “North Star”. One thing we can be sure of, is that we will face adversity in life. The question is what will you do with it? Scott Miller is the former CEO of the nationally recognized “Essentia” Water brand, and his experiences facing adversity in life and in business led him to write a brand new book called “The Summit Mindset”. Scott and Paul talk at length about the new book, and the importance of finding the Pillars that will lead you to happiness. Key Points From This Episode: When you have the Mindset to Never Stop Evolving, you’re able to escape complacency. When you’re too rigid in routine, you are unable to be pliable. Life is Not a Dress Rehearsal. Live in Pursuit of your Purpose. Know Your Personal Pillars. Scott’s are Faith, Family, Others, and Business. Life and Business are “inside-out” jobs. It starts inward, and everything else grows from there. Have courage. It doesn’t have to be crazy, it just has to be your Personal Call To Action. Happiness is your “Haves Divided by your Wants” Follow Paul Thompson • LinkedIn | • Website | • Tiktok | Resources: - Scott’s Book “The Summit Mindset”, available on Amazon - Scott’s “Yesly” Water brand, available for purchase on Amazon - Real estate resources, past episodes, and information on my mastermind I want to help you achieve financial and personal freedom. Check out link for some valuable resources Click for a to learn about your 12% ROI. If you're ready to take action now, let's hop on a now! About Today’s Guest: Scott Miller is the former CEO of Essentia Water, and current CEO of a new water business called “Yesly” Water, launched in early 2023. He also co-authored a new book called “The Summit Mindset”, which is a life book about dealing with staying on the summit as adversity hits all of us– None of us escape the rain in life. /episode/index/show/readyinvestorone/id/28288025

219. “Merchant Cash Advance”: 101, with Peter Risko 10/11/2023

218. Ending the Time for Money Exchange with Shannon Robnett 10/03/2023

217: Meet the “Pawn Shop For Land”: Mason McDonald 09/26/2023

The Wake Up Call

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