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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: December, 2016
Dec 29, 2016

Jered Sturm’s focus is in investing in apartment complexes. But he deviated from that focus to help someone in his local networking group who got themselves into a sticky situation.

By trying to help, Jered ended up in a sticky situation himself.

Jered Sturm is Co-Founder and Director of Sales and Marketing at SNS Capital Group. You can read the full version of his story here: https://www.biggerpockets.com/renewsblog/2016/07/09/experienced-investor-catastrophe/

Dec 26, 2016

David Campbell went from high school band director to real estate investor in 2005.

Money was good, his investments were successful, and the future was bright—until 2008 loomed ahead.

Listen in as David shares how he went from millions of dollars in net worth to negative millions in a matter of months.

Dec 22, 2016

As you may have heard, mobile homes are little metal boxes that spit out money.

In today’s story, the mobile home wasn’t the problem. It was the person—Gino Barbaro, investor, entrepreneur, and best-selling co-author of Wheelbarrow Profits.

As Gino told us, “When you’re not educated and you don’t take the appropriate actions, don’t blame the investment—blame the investor.”

Dec 8, 2016

Scott Anderson is a farmer and entrepreneur from South Dakota.

About four or five years ago he invested in an indie film in Los Angeles. If you’re asking yourself why a farmer from South Dakota invested in an independent film across the country, you’re not alone.

We’ll get into that in this episode. And just wait till you hear the name of the movie...

 

Dec 5, 2016

No project will ever go off without a single hitch in the plans.

Still, when looking at a potential new investment, it helps to do an initial analysis of how things would work out if everything did go perfectly. If the plan wouldn’t work even without any major mishaps, it’s a good idea to walk away at the very beginning.

In this episode of How to Lose Money, Warren Taryle, founder of Taryle & Associates, CPAs, explains how ignoring his gut instincts about the initial analysis led to a failed real estate investment.

Dec 1, 2016

Brian Robbins and his wife adopted eight kids back when he was in his 30s.

The financial pressures were enormous, and he was looking for an easy way to get some passive income. He bought into a commercial real estate dream—and it left him high and dry.

Listen in to hear the most important lesson Brian learned from an investment he never should have touched.

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