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How to Lose Money

Hosted by Paul Moore and Josh Thomas, How to Lose Money is a wealth-building podcast dedicated to the honest, sometimes gut-wrenching stories of business and life lessons learned. If you’re an entrepreneur going through a tough season, a business executive wanting to avoid strategic mistakes, or just someone who loves to hear about victories earned on the other side of painful trials, this podcast is for you. With new episodes every Monday, we feature an interview with a business leader who has made mistakes that you don’t need to repeat. We discuss topics like: risk-taking, financial principles, entrepreneurship, growing your business, real estate investing, best business concepts, leadership, books and resources, relationship hacks, networking, passive income, time management, and more!
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How to Lose Money
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Now displaying: 2017
May 1, 2017

For the last 30 years Pat Hiban has been heavily involved in the Real Estate industry as a top agent, broker and investor in residential and commercial properties. Throughout his career he has sold over $1 billion in real estate including over 500 homes in a single year and 14 homes in a single day.
 
In 2010 he sold his team business to his long time partner, Mike Sloan, and went on a book tour to promote his book “6 Steps to 7 Figures: A Real Estate Professional’s Guide to Building Wealth and Creating Your Destiny”. With the help of an introduction written personally by Gary Keller the book went on to sell over 20,000 copies and hit #6 on the New York Times Best Seller List. He is also an active investor in several small companies including GoBundance (a mastermind for high achieving men) and Infiniti HR (a payroll, HR and PEO firm). In 2014, Pat launched his podcast “Pat Hiban Interviews Real Estate Rockstars” which has had over 1 million unique downloads. He currently owns and operates Rebus University, an online training platform for Real Estate salespeople. He has 2 college-aged daughters and travels back and forth between 2 homes in Maryland and South Carolina with his wife of 24 years and black lab Piper.

Apr 27, 2017

Heather Ann Havenwood, CEO of Havenwood Worldwide, LLC and Chief Sexy Boss, is a serial entrepreneur and is regarded as a top authority on internet marketing, business strategies and marketing. Since marketing her first online business in 1999, bringing together clients and personal coaches, she has played an active role in the online marketing world since before most even had a home computer.

In 2006 she started, developed and grew an online information marketing publishing company from ground zero to over $1 million in sales in less than 12 months. Starting without a list, a product, a name or an offer, Heather Ann molded her client into a successful guru now known as an expert in his field. Heather Ann is the Author of…Sexy Boss: How the Empowerment of Women is Changing the Rule Book for Sex, Money and Success (available on Amazon).

Apr 24, 2017

We have all seen the advertisements on television, YouTube, and other places online. The "guru" who claims you can make millions doing this easy job or through that new business. Some of their stuff works, while a lot of it is garbage.

Whitney Nicely is the queen of real estate investing in east Tennessee. She flipped her first house in 2009. Whitney’s real estate portfolio has grown from zero, ziltch, nada to 17 residential houses, 19 apartment units and 7 chunks of vacant land across east Tennessee. She doesn’t plan on stopping until she reaches $100,000 in monthly income from her real estate portfolio. Whitney was tired of going to one boring real estate training session to another so in 2016 she launched an online academy for people who are serious about starting a real estate empire with limited amounts of time and money.

Apr 20, 2017

Alison Gerlach is a seasoned, strategic management consultant, serial entrepreneur, investor, business executive, and lecturer with expertise in, and a passion for, building businesses. Ms. Gerlach has done extensive research in optimizing the business start-­up process and has founded and built businesses in industries that include consumer packaged goods, media, technology, and professional services. Prior to her entrepreneurial endeavors, she was a strategic management consultant with Booz, Allen & Hamilton working with Fortune 100 media and consumer companies.

Today, Ms. Gerlach continues to build and invest in companies in a variety of stages and industries. As a strategic management consultant, she continues to advise select companies, as well as work with multibillion-­‐dollar asset management and alternative investment funds on their investment allocation strategies.

Apr 17, 2017

Nancy is the author of over 20 publications including “How to Write Objectives that Work” with sales of over 400,000 copies and “Difficult People Made Easy”, a booklet of practical tips for dealing with difficult people. She started Vinehouse Essential Ltd in 1995, as a management training and consultancy company. A few years ago Nancy developed a recruitment process that now achieves a success rate of over 80% compared with the average of 25 – 30%. Her company, Vinehouse Hiring now specializes in recruitment and hiring for small to medium sized owner run businesses in the English-speaking world including US, Canada, Australia and Japan as well as the UK and is the only company offering a one-year guarantee on all its hires.

Nancy uses the expertise built up in management skills and setting goals to help her clients clearly define exactly what they need in a new employee and to make sure their new hires are successful and drastically reduce the very expensive risk of hiring the wrong people.

Apr 13, 2017

Ty Crandall is an internationally known speaker, author, and business credit and financing expert. He is the CEO at Credit Suite where he oversees the biggest business credit coaching operation in the United States. With 16 years of financial experience, Ty is widely recognized as an authority in business credit building, business credit scoring, and business financing. He is the author of two popular books, Perfect Credit and Business Credit Decoded.

Ty is a frequent contributor to radio and news shows, TV programs, and magazines including Entrepreneur, Inc, and Forbes, as well as the host of the popular podcast The Business Credit and Finance Show.

Apr 10, 2017

Aaron Hendon brings together a diverse background and history including transformational leadership, entrepreneurial start ups and traditional cold calling sales. Aaron and his real estate team consistently outperform the local market, selling homes for over 5% more than local market averages. Born in New York, Aaron graduated SUNY Purchase with a BFA in 1997. He quickly discovered that his fine art degree made him eligible to work in the food service industry anywhere in the country.

Moving to New Mexico immediately after school, he eventually found his stride, opening a real New York bagel shop in Albuquerque, selling it 9 years later as a business grossing over $1,000,000 annually. Eventually landing in the Northwest in 2000, he now lives on a small island off the coast of Seattle with his brilliant wife, Kael, his two brilliant children, Leela and Jonah and his adoring, if not exactly brilliant, GoldenDoodle, Rozy. He is currently at work on his next book, Real Estate Blind Spots – How Your Brain Wants You to Lose Money, Waste Time, and Stay Stressed When Buying or Selling Your Home.

Apr 6, 2017

In this episode, Ali shares his story along with practical tips about making it as an entrepreneur in the marketing agency space. No matter what industry you are in, you will take something applicable away from this episode.

Ali Salman escaped the 9 to 5 in 2012 and started his lead generation agency Rapid Boost Marketing with his co-founder Sam Raheel. Rapid Boost Marketing crossed $2 million in revenue in 2016 and they are aiming to cross $4 million in 2017. They have worked with Coca-Cola, Extreme Pita, Mucho Burrito, KIA, Honda and other Fortune 500 companies. His passion project for last 3 months has been a daily podcast: Escape the 9 to 5 Grind, where he interviews successful entrepreneurs who have escaped the 9 to 5 and stopped living life on autopilot.

Apr 3, 2017

Entrepreneur, speaker and writer Pia Silva is a partner and brand strategist at Worstofall Design where they build “Badass Brands without the BS" for 1-3 person service businesses in 1-3 day intensives. She is a Forbes contributor and has spoken at a host of entrepreneurial organizations including Goldman Sach's 10,000 small businesses, The Chamber of Commerce, Squarespace, and WeWork. Her company was named top "10 Design Firms Lead By Young People That Are Changing the Way We Look at the World” by Complex. Her book Badass Your Brand: Impatient Entrepreneur’s Guide to Turning Expertise into Profit launched March 16th, 2017.

Mar 30, 2017

Mark has been an active real estate investor since 2004, so he brought a wealth of knowledge with him when he founded Luxmana Investments in 2011.  He started out as a part-time investor–holding a a full-time job in high tech–and his passion for real estate enabled him to escape the rat race of Corporate America. Prior to Luxmana, Mark succeeded in multiple development projects in the trendy Highlands and Berkley areas of Denver, Colorado.  Since then, he's acquired dozens of residential and multifamily income properties totaling millions.

Mar 27, 2017

Despite the proliferation of personal finance education, a recent study shows that nearly half of all Americans live paycheck to paycheck. Credit card debit, student loan debt, and car debt are all reaching a record high in America. Hilary Hendershott learned some personal finance lessons the hard way, and now she devotes herself to helping others avoid similar financial mistakes.

Hilary is the host of Profit Boss Radio, a weekly podcast for women and money. Hilary has an MBA, and she’s a Certified Financial Planner. She’s a TEDx speaker, and she’s been featured in the Wall Street Journal, NBC, ABC, FOX, DailyWorth, Forbes and Investopedia. She was recognized as a Top 40 Under 40 Entrepreneur in Silicon Valley. With more than 30 television appearances, she’s the go-to personal finance expert in Silicon Valley for the NBC evening news where they call her "The Investor's Voice of Reason."

Mar 23, 2017

Over the last quarter century Damion Lupo has started and owned more than 30 different companies including an insurance agency, a precious metals firm, a venture capital company, a financial consulting firm, and more than a dozen real estate investment and development companies. He’s also the founder of Yokido ™, his own martial art and holds 3 other black belts.  Damion also opened Total Control Financial in 2016 designing everything around 10X growth and 10X impact for the client, the team and shareholders. Damion is a 5-time author and sought after financial consultant for accredited investors and business owners. Using a vast knowledge of financial markets, money psychology and pattern recognition he’s an expert at quickly diagnosing hidden financial cancers with clients and their organizations and rewiring both for success.

Mar 20, 2017
So much of life and business involves relationships, and we all know businesses that fail because of relational issues. Jordan's failure story has so much wisdom that we can all apply in our daily life. Though our personal relational situations vary, the principals of maintaining healthy relationships stay the same. Jordan shares many of these principals in this episode.
 
Jordan Goodman is known as America’s Money Answers Man because he has been answering American’s personal financial questions for almost 40 years. He has written 14 best selling books including Master Your Debt, Fast Profits in Hard Times and the Dictionary of Finance and Investment Terms. He was the Wall Street Correspondent at MONEY Magazine for 18 years and is currently the host of the national weekly Money Answers Radio Show on The VoiceAmerica Business Network. He is a regular commentator on financial topics on national and local radio and TV shows across America. He runs the personal finance website www.moneyanswers.com.
 
Mar 16, 2017

We always say, you can make money doing absolutely anything these days. We also say you can lose money doing anything! You just have to find what you enjoy and what you are best at. In this episode, Chris shares a fascinating story and career path that we can all learn from.

Chris Hartman has worked in the oceanic industry on a corporate, field, industry and academic level. He developed a comprehensive understanding of the structure of the industry. Having worked 1500 plus days offshore, from performing underwater oil rig repairs to collecting medicinal specimens, through the use of Heavy-Duty Work-Class Remotely Operated Vehicles. His current venture: Global Ocean Center—an oceanic data and operations management organization, providing linkages among industry, academia, military, government and public sectors.

Mar 13, 2017

Are you interested in starting a successful business? Success can be just as dangerous as failure, and Clint knows this well. 

Clint Fiore has a unique combination of entrepreneurial, executive leadership, and high-tech systems experience. He has utilized these attributes to create a first-of-its-kind business that systematically removes the mystery and obstacles associated with finding a business, buying and financing the business you want, preparing your existing business for sale, and marketing your business efficiently to its next owner.

His experience includes:

  • Founding Partner of a Texas-Based, 50 employee, Manufacturing Company that launched two national consumer brands each with multi-million dollar sales and nationwide distribution.
  • Has raised 7-figures of Angel Investment for two different startups, both still operating successfully.
  • Former Vice President of a successful startup technology and social media company currently valued over $20M with users in dozens of countries.
Mar 9, 2017

We have often heard it said "When it doubt, follow your gut". However, is this always the best thing to do in life and business? In our opinion, it depends. In this episode, Robert shares his story and offers timeless advice for avoiding the pitfalls of following your gut.

Robert Blaha, President of Human Capital Associates, has more than twenty-five years of experience dealing with leadership, high-performance work, and major Six Sigma and Lean implementations. He has held senior management positions with four major corporations—Ford, Monsanto, Engelhard and Asea Brown Boveri (ABB).

In 1993, Robert founded Human Capital Associates. HCA was created after thoroughly analyzing major initiative "disconnects" within organizations. HCA's processes in business transformation, program and leadership development, and lean6sigma process improvement have resulted in improved organizational capability, billions of dollars in documented savings, and increased revenues for his clients.

Mar 6, 2017

Losing money is always bad. But what about losing $50 million? That would crush most people, but not Rod.

Rod Khleif is a real estate investor, entrepreneur, multiple business owner, author, mentor, peak performance coach and community philanthropist who is passionate about business, life, success, and giving back. As one of the country’s top real estate investors, Rod has personally owned and managed over 2,000 apartments and homes. Rod is the author of “How to Create Lifetime CashFlow Through Multifamily Properties” considered to be an essential “textbook” for aspiring and experienced multifamily investors. As a community philanthropist, Rod founded and directs The Tiny Hands Foundation, which has benefited more than 45,000 community children in need.

Mar 2, 2017

Going through a divorce can be devastating. However, we hope Moshe's story inspires you to persevere through whatever challenges you are facing, knowing that you have the ability to get to the other side.

Moshe Amsel is the founder of DreamBuilder Financial an accounting firm specializing in personal wealth growth through online business and real estate. An accountant, business profit strategist, tax guru and Profit First Professional, Moshe has made it his mission to help people achieve their dreams by guiding them through wealth creation. Moshe has a 20 year background in the IT industry prior to entering the accounting field, this experience has made him a valuable partner to businesses seeking a virtual CFO. Moshe hosts hosts own podcast Dream Builder Financial where you can learn tips for growing your wealth as he discusses topics on personal finance, business and tax strategies every week.

Feb 27, 2017

Learning how to navigate business relationships with excellence is essential to sustaining success. Hear how Dave Van Horn dealt with some tough business relationships and hustled his way to investing success.

Dave Van Horn serves as President of PPR, a Note Company, managing several funds that buy, sell, and hold residential mortgages nationwide. Dave’s expertise is derived from over 30 years of residential and commercial real estate experience as a licensed realtor and a previously licensed life and annuity insurance agent, before moving on to raising capital for commercial real estate deals. He is an avid investor in notes and mortgages, as well as a long-term holder of multiple investment properties. In addition to being a board member and facilitating the Strategic Investor Alliance group, Dave also travels to many RE meetings and conferences as a national speaker on delinquent notes.

Feb 23, 2017

Fear is deadly. Much like greed, fear can cloud your thinking and in turn, your decisions. J. offers timeless principals and practical guidelines for overcoming fear in your business and life.

J. Massey is a full-time real estate investor, entrepreneur, popular podcast host, author, speaker, coach and all-around problem solver, J. Massey is well known for providing best-in-class advice and strategies to help new and experienced investors the world over.

J.’s platform is simple… He invests his time looking for investment opportunities (a.k.a., problems to solve through real estate transactions), closing deals and teaching others how to find and manage similar opportunities, including getting Deals At Discounts and Raising Private Capital to Investing in Multifamily Properties, getting leads and negotiating the deal.

Feb 20, 2017

Hear how Andrew Cushman overcame a horrific real estate deal and rebounded to success. 

In 2007 Andrew left his corporate position at a large food corporation to start a business in real estate investment. Starting off with single family properties, Andrew completed 24 single family transactions (purchase, rehab, sell), all of which earned significant returns for both his business and investors. In 2010 Andrew transitioned to multifamily acquisitions and has successfully syndicated and repositioned 1,546 multifamily units that are providing investors with strong returns.

 

Feb 16, 2017

Jake is first and foremost a husband and father of three and he lives about an hour south of the beautiful city of Seattle, in Washington State. He's gone through the traditional "go to school and get a good job" path and that worked out pretty well; allowing him to travel around the world managing high-end construction projects, primarily working and traveling to New York, Australia, Toronto, and Portland.

Jake was working in New York during 9-11. That caused a massive impact in his thinking...how can I make the biggest difference in peoples' lives? Always the action taker, he decided to become a fire fighter. A "job" that he still has today and will continue to do even though it's not financially necessary. Jake, along with his brother Brian, are the owners of The Elevation Group. The Elevation Group is a financial education company they acquired using the strategies they learned as members.

Their goal is to grow that business and get this wealth-building information into the hands of as many people as possible. They have significant experience in many real estate strategies and also manage a private investment fund they started 2 years ago.

Feb 13, 2017

Kathy Fettke is the co-founder of the Real Wealth Network, and she specializes in teaching people how build multi-million dollar real estate portfolios through creative finance and planning. She is passionate about researching and then sharing the most important information about real estate, market cycles and the economy. Author of the #1 best seller, Retire Rich with Rentals, Kathy is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR and CBS MarketWatch.

Feb 9, 2017

How to Lose Money is all about helping YOU avoid costly business and financial mistakes. Have you ever considered starting a business with a friend? 

Sometimes it's great. The money is coming in, there aren't any major disagreements. Other times not so much. Hear how entrepreneur, house flipper, and real estate investor David Roush started a business with some friends and how he would do things differently now. Remember, failure is not fatal. It's your choice.

Feb 6, 2017

Greg Feldmann, President of Skyline Capital Strategies, was approached by a vetted entrepreneur with a brilliant new technology with promising sales. Yet the business didn't work out as he hoped.

Hear how Greg overcame this momentary setback and the incredible lessons he learned about how to be successful with venture capital investing, and investing in general.

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