What is it like to be broke? Does it come out as an unavoidable situation or a choice? Well, don't get broke! Watch this video as I talk about the secret to not being broke.
Got a question? Submit them and join me and my expert guests for weekly Q&As http://askloral.com
Watch And Enjoy! Loral Langemeier
Key Moments In This Episode ======================== 00:00 Intro & Summary 01:02 Why Should You Not Listen To Common Culture 01:41 What Is Forecasting 02:13 How Can Using Credit Cards Change Your Life 03:25 How Do You Make Money 04:54 What Is The Huge Distinction In The Market 05:44 How To Become A Great Entrepreneur 06:47 What Other Things To Consider About Money 07:08 The Investment Education
What To Watch Next ======================== What Secret Millionaires Don't Tell You • What Secret Millionaires Don't Tell You
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Single parents, learn how to become millionaires in 3-5 years while also making your kids millionaires: https://richmomsinglemom.com
About Loral Langemeier
The secret to not being broke is all yours.
It's a choice.
It's a choice to stay poor and broke
and whine about it and cry about it.
It's a choice to get really rich and become a millionaire.
So what are you picking every day?
What you think about, what you talk about,
your actions create that results.
We got a big conversation now,
because I'm tired of, I can't afford it.
Aren't you tired of that conversation?
So the three things we're going to talk about
is don't listen to common culture.
It is so wrong.
It is like keeping you broke.
Number two, we're going to talk about
how to make some more money.
My favorite conversation, let's make money.
You can buy anything you want.
You have to make the money to have it.
And then number three, which is critical,
you've got to get educated.
You've got to get educated on how to make money,
how to invest money, how do you do due diligence?
How do you get this game started?
It is not as hard as you all think.
At the end of this, I'm going to give you some tickets
to come learn from me for six hours, how to do this,
the exact how-tos in order.
So stay tuned to the end.
So when I say don't listen to common culture,
I'm talking about like, you know,
the traditional folks who say live within your means.
No, grow your means.
Live paycheck to paycheck.
That's a choice.
There's so many things you can do to do a side hustle.
Like this whole minimizing your life
and COVID created even more of it.
Everybody go home and everybody live,
you know, I call it COVID coma
and just stay all little and broke.
And then like coming out of COVID coma,
I mean, most of you still are in a COVID coma.
Like wake up.
Like there's so many opportunities
because we are in a mathematical recession.
Inflation is crazy.
So I'm going to put a link in the chat below
about how you should spend during a recession.
No one talks about what I call forecasting.
Forecasting is how you spend your money.
So do you spend it personally?
Do you spend it inside your LLC or your S Corp
or your C Corp?
Are you spending inside of a trust?
How do you spend your money
so you actually can get legal deductions?
Like I want you to grow and become a millionaire.
I have a three to five year plan.
My millionaire maker book to make you a millionaire.
But you have to learn to make money,
keep money, invest money and do it with a team.
What does common culture say?
Don't have credit cards.
There's nothing further from the truth.
I want you to go to my search bar.
I want you to look up anything I have about credit cards.
Responsible, proper use of credit cards
can change your life.
So if you're not using them and you're living on cash,
well, there's so many places now,
also because of COVID that don't even take cash.
So I don't even know how you're operating.
And then some of you went all into crypto.
That was an interesting move
because now I'm getting clients that are crypto millionaires,
but don't have the cash to pay the IRS
because they didn't set it up right.
So whenever you're about to surge cash,
you've got to call our office.
My phone number is in the link below and get help.
I start with when you have some money,
which bank account do you put it in?
Your financial foundation is pivotal
and no one talks about it.
Common culture, common conversation
that you've probably grew up with
is just live within your means.
Don't ask for anything.
We can't afford it.
That is just all BS.
I mean, if you want to live like that,
live that life.
You're not going to save your way to success.
And you're going to have to invest
in getting a bigger knowledge base.
I've spent millions on mentors and coaches and education
to learn all of this and live this life.
This didn't come because I was just sitting on the couch
watching, you know, binging TV shows and eating bonbons.
I mean, for God's sakes, people,
if you want to get rich, you must stay poor.
Your choice is to stay broke.
So let's keep moving on.
How do you do the fun stuff,
which is how do you make some money?
So how do you make money?
Well, you all have a God-given skillset.
Some, you know how to do something, right?
I learned a lot about money and business.
So now I love teaching it.
I love marketing strategy.
I love selling.
I love investing.
I love just deals.
I love business.
So a lot of you say, well, like,
well, I just like to do whatever.
Like my husband loves automobiles.
He's amazing.
I keep telling him he needs a business to buy old stuff,
fix it up, resell it.
He could be making tons of money and you name it
from a snowmobile to a motorcycle,
to an old Jeep, to old Corvette,
doesn't matter what it is.
It's a huge business.
You know, I have somebody actually just started
this business on eBay and Facebook marketplace.
They go down to the little pick and pull places.
They pretty much for cheap, if hardly any money,
get all sorts of very unique parts.
They repurpose them.
They sell them back online,
especially in old automobiles,
like old BMWs, old Mercedes.
They're going to specialize in that.
There's so many ways you can make money.
What else do you love to do?
If you're a good writer, be a copy editor, right?
If you're good at camera,
you don't need to be brick and mortar.
Businesses do not have good social media.
Get out and go help local businesses do good social media.
There's so many things that you could do and join a team.
Like I didn't just start this company
and do the thing I now love to do.
I actually dropped out of a huge contract with Chevron
and went to work with the Rich Dad Poor Dad team.
I didn't work for them, I worked with them.
My company was a contract to run
the Cashflow Game Master Distributorship.
So I learned under the Kiyosaki and Sharon Lecter brand
of Rich Dad Poor Dad that I learned to do it.
I saw a big gap.
A huge distinction in the market was
how do you do these things that are...
Everyone talks strategy, but who does tactics?
Who really is the implementation glue and the foundation?
Well, that's what we do.
So what do you do?
I mean, you could be an affiliate of ours.
The reason I want to share the Kiyosaki stuff
is I didn't sell any of my own stuff.
I sold their stuff.
I sold Bob Proctor's stuff.
I sold Mark Victor Hansen's stuff.
I've sold lots of people's stuff
till I got the really the understanding of this industry.
Then I launched my own.
I also sell a lot of direct sales stuff.
I'm in relationship management business.
I sell wine.
I sell home goods.
I have all sorts of cool stuff.
So I don't have just one source.
You don't need to have one source.
But for those of you who have no sources, just get started.
So at the link below, I have two tickets
to my Millionaire Intensive and a marketplace
where you get to come, pre-sell a book,
pre-sell an idea, sell some coaching,
sell some...
I don't care what you sell.
You have to learn to sell to be a great entrepreneur
and to learn to make money.
So I'm gonna give you two tickets to that.
I've also given you the link
But being broke is really a choice.
And some of you are so stubborn.
You'll come to the marketplace and say,
oh, it didn't work because I didn't make any money.
Well, no, you didn't work.
You actually didn't do the activities.
How is it that tens and tens of thousands of people,
probably hundreds of thousands in the years
that I've been teaching how to make money,
have made money and you haven't?
The system works.
So what's stopping you?
Is it your embarrassment about it?
Is talking out loud?
You don't have an offer.
Come, let us help you figure that out
because you don't have to listen to common culture.
I want you here.
So while we have that conversation,
you should be here five days a week.
Subscribe to my channel.
Click the notification button.
Just don't have it be there and I'll listen to it later.
Make sure you make it like a ritual.
Just like you brushed your teeth in the morning.
You're gonna listen to some business
or money conversation with me five days a week
and start getting some like muscle conditioning about it.
Right?
You have to atrophy a lot of stuff, you know,
because what you think about and what you've done so far
is why you don't have money.
Call it broke.
So a few other things in addition to making money,
again, is how do you spend it?
So again, go to my search bar.
I want you to type in.
How do you live corporate life?
Because if you don't have a business, a company,
you don't get 81,000 pages of tax deductions.
So then you live in a make spend pattern.
I want you to live in a make invest pattern.
We have to change the pattern for you to make money
and not be broke and become a millionaire.
The last thing I want to talk about
is just your investment education.
Education in general.
Whether it's an audio book, an ebook.
I have audio books.
I have ebooks.
I have hardback books.
I have autograph books.
However you want them, you have to engage.
You've got to understand money.
You've got to learn.
There are so many good books
that are in success and development.
You're going to have to lean in and learn.
See, the only reason you really have a fear
and you back up about money is because you don't know,
but you back up about everything you don't know.
I need you to lean in and learn.
Again, be here five days a week and set some goals.
Read The Millionaire Maker, the first three chapters,
which is what is your gap analysis?
Where are you?
What do you want?
The minute we get that back from you
and you actually send it into our office,
if you want to send it in through our askloreal.com channel,
we actually will get you on a phone call one-on-one
with one of our strategists to talk about
how we're going to get you to those goals.
So what do you want?
Like get a bucket list and you can all have it
and you can all do it.
It is not impossible.
It's not difficult.
It's just different.
We'll talk tomorrow.