In today's episode I discuss the biggest threats and destroyers of your wealth and what you can do to combat them. If you want to build real lasting wealth, this episode is a must listen! We discuss how ignorance, not having a wealth plan, taxes, interest and fees paid to financial and banking institutions, interest and fees paid to other third parties, financing costs (we finance everything we buy whether we buy it with cash or debt), market risk and inflation destroys your wealth and what you can do about it. Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a life of passion and purpose on your terms, M.C Laubscher  

 

Michael Mauceli is the founder and Chief Executive Officer of Reef Oil and Gas Companies. In his 26+ years as CEO, Mike has led the growth of the organization from a three full-time employee start-up company in 1987 to a much larger oil and gas production and property acquisition company today. Now serving the investment needs of thousands of oil and gas investors across the United States, Mike’s vision and business acumen has made him one of the most influential CEO’s in the oil and gas investor community. With Mike’s leadership and determination, Reef will continue to offer energy investment opportunities that will have the potential to generate successful results.

 

Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.

 

In this episode you will learn:

• How to invest directly into oil and gas projects
• The different projects you can invest in, exploratory and cashflow projects
• The tax advantages of investing directly into oil and gas
• How to manage risk when drilling for oil and gas
• How today’s drilling techniques may reduce the risk of “hitting dry holes"
• Strategies Reef Oil and Gas have in place that reduces the environmental impacts of oil & gas extraction
• The biggest factors (economical, geopolitical) that influence the oil and gas industry
• How to get started investing directly in oil and gas projects of Reef Oil and Gas

 

Recommended Books:

The Prize: The Epic Quest for Oil, Money & Power by Daniel Yergin

 

Interview Links:

Reefogc.com

 

Show Sponsors:

Audible, download any audio book for free when you try audible for 30 days.

Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business.

Thrive15.com, get a free month of access at www.thrive15.com/cashflow

 

Show Transcript

 

Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post!

If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes.

Ratings and reviews are extremely helpful and greatly appreciated!

They do matter in the rankings of the show, and I read each and every one of them.

John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here.

You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here.

Thank you for supporting our podcast and sharing it with friends and family!

Live a Life of passion and purpose on your terms,

M.C Laubscher

  In today’s episode, I will discuss the Wealth Pyramid.  The Wealth Pyramid provides a great example to build a solid foundation for a well-structured wealth plan. This Wealth Pyramid is something that anyone can structure for themselves regardless of income level and net worth. So many people do not build their wealth pyramid with a solid foundation and risk all of their capital because of this. We look at the concepts of saving, investing and much more.   Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Key Take Aways:

• The bottom of the pyramid and first foundational piece is of the wealth pyramid is your health, relationships, your mindset and your soul purpose and human life value which includes your skill sets and special gifts.

• The second layer is your conservative layer that includes a dashboard for your financial information, your credit score and strategies to improve your credit score, flexible spending plan, wealth capture strategies to capture your wealth and save 6 months to 2 years of income in liquid savings, protective strategies like life insurance, car insurance, home owners insurance, estate planning, tax planning and emergency preparedness strategies like food, water and other needs as well as cash on hand and precious metals
• The third layer consist out of moderate strategies that include businesses that you control, conservative real estate investments, conservative paper assets like certain bonds, and more precious metals
• The fourth and final layer at the top of the pyramid is the growth portion of your plan. If you have the first three layers in order,  this layer allows you to swing for the fences in business, real estate, commodities and paper assets. This should be the money that you could afford to lose.

  Quote:

“Someone is sitting in the shade today because someone planted a tree a long time ago.” - Warren Buffet

  Recommended Book: Financial Independence in the 21^st Century by Dwayne Burnell and Suzanne Burnell   Recommended Resources: Rich Dad Cashflow Board Game, this game will help you learn how investments effect your personal financial statements and what are assets and what are liabilities!     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript   Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card.  To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher  

src="https://html5-player.libsyn.com/embed/episode/id/4431268/height/90/width/500/theme/custom/autonext/no/thumbnail/yes/autoplay/no/preload/no/no_addthis/no/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="500"   My guest today is Afif Ghannoum, the founder of NapkinToShelf.com. He is a formerly frustrated lawyer that has launched over ten products that have sold in 27,081 stores that include retailers like Walmart, Target & CVS. Afif also has two patents, licensed technology to a large pharma company for a product sold in tens of thousands of stores in multiple countries, and has raised $8,914,067.75 (and Counting) in venture funding.   Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   In this episode you will learn:

• The amazing journey that brought Afif and his family to the United States
• What steps people can take to know and predict if the product that they want to create will sell
• Afif's Red Ocean,  Blue Ocean and Pink Ocean Strategies
• How people can develop a name for a product that will grab consumer’s attention within the space or niche
• Strategies and tactics on how you can create amazing packaging that increases sales of the physical products
• Promotional strategies to sell physical products
• Logistical insights to help you overcome the obstacles
• The distribution approach that will give your product the best chance at success
• How to raise capital from investors

  Interview Links: Napkintoshelf.com The Ultimate Guide to Launching a Product: 391 Resources For Creating, Branding and Launching an Amazing Product How Corey Cole uses Instagram to sell 10,000's of products per month   Recommended Books: The Pampered Chef: The Story of One of America's Most Beloved Companies by Doris Christopher  Delivering Happiness: A Path to Profits, Passion, and Purpose Paperback by Tony Hsieh L.L. Bean: The Making of an American Icon Hardcover by Leon Gorman Longaberger: An American Success Story by Dave Longaberger Raising the Bar: Integrity and Passion in Life and Business: The Story of Clif Bar Inc. by Gary Erickson Let My People Go Surfing: The Education of a Reluctant Businessman by Yvon Chouinard The Everything Store: Jeff Bezos and the Age of Amazon Paperback by Brad Stone Sam Walton: Made In America Mass Market Paperback by Sam Walton   Recommended Resources: Contestdomination.com Boomerang Taskrabit 99designs.com Fiverr.com Thedieline.com  Bulkapothecary.com     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript    Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card. To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher

  Is a big market crash coming? Many billionaires, global financial institutions and banking institutions are issuing warnings for those that are willing to listen. George Soros, Jim Rogers, Carl Ichan, Stanley Drunkenmeiler, Peter Thiel, Sam Zell, Warren Buffet, The Royal Bank of Scotland, Citi Bank, The Bank OF International Settlements and the International Monetary Fund has warned of a crisis of biblical proportions. We take a look at their warnings. Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Key Take Aways:

• Billionaires, global financial institutions and banking institutions are issuing warnings for a major financial crisis and recession that is on the way

• It is time for extreme caution and position your assets so that you are prepared for a possible financial crisis and recession

• My goal is to educate and inform you, not tell you what to believe! Please do your own research!

• Please think for yourself and form your own opinion!

  Quote:

“Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small” - Royal Bank of Scotland client note, January 2016

  Recommended Book: Rich Dad's Prophecy: Why the Biggest Stock Market Crash in History Is Still Coming...And How You Can Prepare Yourself and Profit from It! by Robert T. Kiyosaki   Interview Links: George Soros Warns of Global Economic Crisis Stock Market Crash: Wall Street Insider Issues Dire Warning for Investors Fortune: Carl Icahn Is Betting Big on a Stock Market Crash Billionaire Sam Zell Says Recession Likely in Next 12 Months VC Peter Thiel Says Just About Everything Is Overvalued, Not Just Tech FIRST SOROS… NOW JIM ROGERS PREDICTS TRILLION-DOLLAR ‘BIBLICAL’ CRASH World faces wave of epic debt defaults, fears central bank veteran $3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF Citi: The Global Economy Is Trapped in a ‘Death Spiral’ RBS cries 'sell everything' as deflationary crisis nears   Recommended Resources: 20 Minute Gold & Silver Savings Account Training, fantastic training by Minesh Bhindi Advanced Gold and Silver Investing Webinar, “3 Steps to Cash-flow Gold and Silver”, presented by Minesh Bhindi     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript   Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card.  To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher  

  Gerald Celente, who developed the Globalnomic® methodology to identify, track, forecast and manage trends, is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom, Celente, whose motto is “think for yourself,” observes and analyzes the current events forming future trends for what they are — not for the way he wants them to be. And while Celente holds a U.S. passport, he considers himself a citizen of the world.   Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   In this episode you will learn:

• How he started identifying, tracking and forecasting trends and developed the Globalnomic® methodology
• How you can identify, track and forecast trends
• How to navigate media information and process information to identify trends
• What an "Ontrendpreneur" is and the information about the conference hosted by the Trends Research Institute
• Important information on global markets and the global economy
• Gerald's forecast for the US Elections in November
• How he launched Occupy Peace to help restore the dignity of the human spirit and dignity of the human spirit with a clear strategy and action plan
• Opportunities for entrepreneurs in the Baby Boomer trend
• Values and principles Gerald would like to pass on to future generations

  Quote:

“If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente.” - New York Post “Gerald Celente has a knack for getting the seitgeist right.” - USA Today

  Recommended Books: Trends 2000: How to Prepare for and Profit from the Changes of the 21st by Gerald Celente  Trend Tracking: The System to Profit from Today's Trends by Gerald Celente What Zizi Gave Honeyboy: A True Story About Love, Wisdom, and the Soul of by Gerald Celente   Interview Links: Trendsresearch.com  Occupypeace.us     Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business.   Recommended Resources: BuillionVault.com, buy and store precious metals online in vaults in London, New York, Singapore, Zurich and Toronto. Advanced Gold and Silver Investing Webinar, “3 Steps to Cash-flow Gold and Silver”, presented by Minesh Bhindi   Show Transcript    Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card. To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher

  A foundational building block to optimal health, fulfilling relationships and building generational wealth is your mindset and the way that you think and see the world. At the core of your mindset is you "why". In today's episode I will discuss why a strong "why" is so important to pursuing your goals. A strong enough "why" will give you the strength to get through challenging times on your way to the life of your dreams. Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Key Take Aways:

• We need to create the mindset we need to become the person that we need to be in order to have the live we desire in health, relationships and money.

• Your desire to change must be greater than your desire to stay the same.
• You need to have a very strong why to succeed otherwise you will just give up on whatever you are after when times get tough.
• What is your "why"? What motivates you? What is your vision that will keep you going in times of challenge and adversity?
• Write down your why and vision for your life and write down a mission statement for your life and review these documents weekly.

  Quote:

“It’s not just WHAT or HOW you do things that matters; what matters more is that WHAT and HOW you do things is consistent with your WHY” - Simon Sinek

  Recommended Book: Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek What's Your Why?: How a three-word question can change you, your company, and the lives of those you lead by Kent Burns With Silouan   Recommended Resources: Do You Know Your "Why?" 4 Questions To Find Your Purpose by Maggie Warrell How To Improve Your Life By Discovering Your Why by Craig Dewe Why Discovering Your 'Why' Is the No. 1 Business Move by Renee Warren    Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript   Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card.  To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher  

  My guests today are fellow rugby players and Chicago Lions, Mike Harriett and Luke Thiem from Re:Mind Recover. Concussions have been a big problem for a while in contact sports and in the last few years there has been an increased awareness of concussions, head injuries and brain health. It was brought into the public spotlight through an Oscar nominated film, Concussion starring Will Smith was released and exposed how concussions in football have led to serious health injuries later in life. Mike and Luke identified the problem and experienced it, through concussions of their own, and they came up with an solution to help recovery and support a healthy brain function that includes a proactive approach to brain health rather than reactive. Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals. In this episode you will learn:

• What Mike and Luke learned from rugby that helped them on their journey of entrepreneurship and building their business
• The story and science behind Re:Mind Recover
• Who the product is for, how it can be used and the short term and long term benefits of the product
• The "dream team" of experts on the advisory panel of Re:Mind Recover
• Mike and Luke's journey in starting the business and lessons learned
• What is next for Re:Mind Recover

Quote:

“In a sport like football with a lot of collisions, it's always important to keep your mind sharp and Re:Mind Recover helps me do that on a daily basis..” - Nate Ebner, New England Patriots Safety, Super Bowl Champion and USA Rugby Sevens Team

Recommended Books:

How to Win Friends & Influence People by Dale Carnegie   Recommended Resources: Evernote, lets you take notes, sync files across your devices, save webpages, capture inspiration, and share your ideas with friends and colleagues.   Interview Links: Remindrecover.com Can Supplement Help with Concussion Recovery? Chicago Tribune article: Local expert and entrepreneurial athletes address brain health in contact sports ESPN RADIO Sports Medicine Weekly Podcast Interview Studying Football, Fish Oil And Head Trauma At TCU Chicago Lions RFC U.S.A Rugby  Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript    Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card. To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher

  In today’s episode, I will discuss and share a piece that Mark Ford wrote that I found very insightful and valuable. I have found Mark Ford's advice and insights on personal finance, business, real estate, investing and building wealth in general extremely interesting. I subscribe to his  Palm Beach Letter, a monthly financial newsletter publication that provides fantastic information on building wealth. Please let me know your thoughts on today's episode on  Twitter @mclaubscher.   Bestselfco., Make Success a Habit! Use the Self Journal to organize and align tactical day to day tasks with larger life goals.   Key Take Aways:

• You can’t truly trust anybody but yourself with your money.
• The harder someone tries to convince you to trust him, the less you should.
• However good a track record someone has, never believe that he/she can’t suddenly start losing your money. In fact, if you are like me, the moment you invest will be the moment his/her track record starts falling apart.
• All markets rise and fall. Don’t ever believe anyone who assures you that they can predict the future.
• If you don’t learn to spend less than you make, you will never have peace of mind.
• Most of what you buy when your income is above $100,000 is discretionary. Don’t fool yourself into thinking you need a big house or a fancy car.
• In making financial projections for yourself or a business, always create three scenarios: one that shows what things will look like if everything goes as hoped; one that shows what will happen if things are mediocre; and one that shows what will happen if things fall apart.
• Know that the third scenario is optimistic.

Quote:

“The only way to be truly financially independent is to have multiple streams of income, each one of them sufficient to pay for the lifestyle you want to live.” - Mark Ford

Recommended Book: Ready, Fire, Aim: Zero to $100 Million in No Time Flat by Michael Masterson Automatic Wealth: The Six Steps to Financial Independence by Michael Masterson Recommended Resources: Mark Ford's Early to Rise Article  Show Sponsors: Audible, download any audio book for free when you try audible for 30 days. Leadpages,  is offering a free marketing automation course that includes:12 video modules with step-by-step strategies to leverage what’s working in your business. Thrive15.com, get a free month of access at www.thrive15.com/cashflow   Show Transcript   Enter the Launch Give away contest to win a $500.00 Visa Gift Card! During the first two months of our podcast we are giving away a $500.00 dollar Visa gift card.  To enter into the drawing, go to www.cashflowninja.com/Itunes and rate, review and subscribe to our podcast. Have some feedback you’d like to share? Leave a note in the comment section below and please share it using the social media buttons you see at the bottom of the post! If you enjoyed this episode of our podcast, please leave an honest review for The Cashflow Ninja Podcast on iTunes. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them. John Lee Dumas of EOfire.com made a video explaining how to leave a review you can watch here. You can also access step by step instructions how to subscribe, rate and review on Itunes from Apple here. Thank you for supporting our podcast and sharing it with friends and family! Live a Life of passion and purpose on your terms, M.C Laubscher