Winning a lawsuit is always a good thing right? Nope. Unfortunately, lawsuits are quite common in our society and in the realm of business. Learn the pitfalls and tips for coming out on top.

Carl L. Gould is an award-winning coach and business mentor. He teamed up with #1 international bestselling authors Ken Blanchard and Stephen R. Covey on their latest book project, Blueprint for Success. Gould and his team of mentor coaches have overseen the development of thousands of small businesses on six continents; and have conducted over 50,000 coaching sessions with entrepreneurs to date.

There are predictable patterns to success and failure. The 7 Stages of Small Business Success was written to leverage the strategies of successful companies around the globe. Gould’s dynamic and engaging presentation style has made him one of the most sought after speakers in the world. Gould is married, has three children and lives in New Jersey.

Make no mistake, toys are fun. But are they worth it, even when you are successful in business?

Jason Hartman has been involved in several thousand real estate transactions and has owned income properties in 11 states and 17 cities. His company, Platinum Properties Investor Network, Inc. helps people achieve The American Dream of financial freedom by purchasing income property in prudent markets nationwide. Jason’s Complete Solution for Real Estate Investors™ is a comprehensive system providing real estate investors with education, research, resources and technology to deal with all areas of their income property investment needs.

Carey is an everyday guy who's made an unusual transition - from a Pastor of 20 years to business builder, Christian life & business coach, and soon-to-be real estate investor. He believes that the changes in technology that have occurred over the past 10 to 20 years have made it possible for anyone with drive and a desire to learn to establish multiple streams of income that enable them to live a life bigger than themselves - by funding causes that change the world through their business profits.

Among his accomplishments since retiring from Pastoral ministry are the establishment of a multiple 6-figure podcast production and show notes business, building successful online courses, and a new movement to empower and equip Christian entrepreneurs - www.LiveBuildChange.com.

In this episode, Diane Gardner shares an incredibly important lesson that applies to all entrepreneurs and employees. In business, you have to aim for a specific group of people. The more specific, the better. If you don't aim for anything, you likely won't hit anything.

Diane Gardner is a Certified Tax Coach and best-selling author whose proactive planning approach helps clients dodge the tax bullet. Her tax coaching sessions have resulted in a combined savings of over $1,158,000 to date — hard-earned profits small business owners would have given to the government by overpaying taxes. Diane is the co-author of the best-selling books, Stand Apart and Why Didn’t My CPA Tell Me That? She has also authored six other books including, Stop Overpaying Your Taxes! 11 Ways Entrepreneurs Overpay and How to Stop it Now!

Nick Raithel is the creator of the 7-Hour Book. This proven system allows any business owner to get their own professionally-published book while spending only 7 hours of their time.

With the 7-Hour Book, Nick is on a mission to help business owners become influential authorities by helping them publish a professional book telling their incredible stories. Time and again, he’s seen owners in nearly every community who have incredible stories and expertise to share. A book would be the ultimate way for them to share their insights and become recognized authorities.  It’s also a way to leave a legacy and be more than just a business owner.

How could purchasing an established business possibly be a bad thing? In this episode, Carl Allen shares timeless advice any entrepreneur or executive.

Carl Allen is an entrepreneur, investor, and corporate dealmaker with unique expertise in acquiring strong, established businesses for free. Carl has worked on transactions worth over $52 billion, which includes over 250 deals in 17 countries, including mergers, acquisitions, and private equity. In a 23 year career, he has analyzed thousands of companies, big and small, across virtually every business sector.

He has a solid reputation as a corporate deal maker, having worked for Bank of America, HP, Forrester, and Gartner. He has advised some of the world’s largest companies on buying, selling, and restructuring businesses. Carl walks the talk, having acquired and sold numerous businesses himself, and on behalf of select clients.

Jonathan Twombly's story will inspire you that you can bounce back from anything, no matter how intense or difficult it is.

Mr. Twombly is President and Managing Member of Two Bridges Asset Management LLC. Before founding Two Bridges, he was a partner in the real estate investment firm TRB Investment Group LLC. He began his career as a lawyer and spent over a decade practicing in American Lawyer Top 100 firms, where he focused on real estate and hospitality matters.

Mr. Twombly holds a bachelor’s degree from Harvard College and a law degree from Columbia University School of Law. He currently serves as a member of the board of directors of the Harvard Alumni Real Estate Organization, Inc., a non-profit.

Rene’ began his business career working full-time at Pizza Hut while earning a BS in Communication from the University of Wisconsin – Stevens Point. He has over 30 year’s restaurant industry experience working with well-known brands such as Pizza Hut, Arby’s and Jamba Juice. He’s been a franchisee, corporate executive and small business owner.

Since 2008, he’s worked with over 50 privately-owned companies helping owners and their leadership teams implement EOS, The Entrepreneurial Operating System. He’s the co-author with Gino Wickman, of “How to Be a Great Boss” published by BenBella Books in 2016. A life-long cyclist, he created a unique cycling event that, since 2010, has raised more than $500,000 to support Parkinson’s research.

In this episode of How to Lose Money, we interview a successful full-time surgeon who looked to real estate investing as a way to earn passive income. Anyone looking to earn passive income through investing will learn what to avoid and tips for success in this sector.

Mark Wolgin is an orthopedic spine surgeon who has been investing in real estate since 1996. Through aggressively paying down the mortgage balances and using 1031 exchanges, he ended up with several rental houses in Texas, Nevada, and his current location Georgia. While pursuing real estate investing, Mark has kept his day job.

This is an essential topic to cover because paying taxes is something all entrepreneurs and self-employed people have to do. Making a lot of money is great, but you have to plan for paying taxes. This includes putting money aside, keeping track of expenses, and working with a seasoned CPA. In this episode, Joe offers great advice that will hopefully save you time, money, and hassle.

Joe Saul-Sehy is the creator and co-host of the award-winning Stacking Benjamins podcast, one of the top personal finance podcasts in 2016. Joe is a former financial advisor (16 years) and represented American Express and Ameriprise in the media. He was the “Money Man” at Detroit television WXYZ-TV, appearing twice weekly. He’s appeared in Bride, Best Life, and Child magazines, the Los Angeles Times, Chicago Sun-Times, Detroit News and Baltimore Sun newspapers. He’s also appeared online in more than 200 different places, including CNBC.com and WSJ.com.

Investing in single family homes can be extremely profitable. However, there are many warnings to consider before jumping into this sector. In this episode, Kevin Bupp tells the thrilling story of how he owned 122 single family homes and shares tons of actionable advice for others thinking about this sector.

Kevin Bupp is a Florida-based Real Estate Investor, top iTunes podcast host and serial entrepreneur with over $40 million of real estate transactions. His extensive investment experience spans the gamut of apartment buildings, single-family homes, office buildings, raw land, condos, and his favorite and by far the most profitable, Mobile Home Parks. With over 16 years of experience, Kevin now educates investors to locate, acquire, and create “higher than average” returns from this widely-misunderstood niche of Mobile Home Park Investing. He shares his expertise through the Mobile Home Academy and as the host of The Investing for Cashflow Podcast which has become one of the hottest podcasts on iTunes, often in the top 100!

Reed Goossens is a serial real estate entrepreneur and founder of RSN Property Group. As a native Australian, Reed moved to the US to pursue his investing career.

A qualified structural engineer and project manager, Reed has been involved with construction and real estate since 2007. Reed’s expertise includes project management, property development and key stakeholder management. Reed has been involved in the development and acquisition of over $500 million worth of real estate and infrastructure across four continents; Australia, North America, Europe and South East Asia. After gaining valuable experience working in the engineering and construction industry, Reed decided to pursue his passion for real estate development and investing by starting RSN Property Group.

Let's face it. Entrepreneurship isn't always glamorous. But the temporary pain is so worth it for the long-term rewards of working for yourself. Jim's story will inspire you that you can make it through absolutely anything, as long as you never give up!

Jim Palmer is a marketing and business building expert and in-demand coach. He is the founder of the Dream Business Academy and Dream Business Coaching and Mastermind Program. He is the host of Dream Business Coach TV, the hit weekly Web TV show watched by thousands of entrepreneurs and small business owners, and he is also the host of Dream Business Radio, a weekly podcast based on Jim's unique brand of Smart Marketing and Business Building Strategies.

Jim is a cancer survivor, has been married for over 37 years and has four grown children. Recently, Jim and his wife Stephanie JUST SAID YES to their dream of living on a boat. Join their adventure, which is chronicled on Our Floating Home.

Frank Cottle is CEO of Alliance Virtual Offices and Chairman of the Alliance Business Centers Network. He is a recognized expert on flexible working, the virtual office movement and 'third place' working. Prior to creating the Alliance brand, Frank successfully operated his own portfolio of business centers in multiple locations across North America. 

Frank has spent almost the past 30 years delivering business services that are finely tuned to the workplace needs of startups, entrepreneurs and growing SMBs. Over the years he has worked with tens of thousands of business owners and, coupled with a unique global management perspective, has become the go-to authority on flexible and remote work. 

Many of us go through a crisis in our personal lives that overflows into our work lives. We have to know how to handle these difficult seasons and not let the difficult seasons define our entire lives. Joe's story is full of hope and inspiration, despite going through something very hard.

Joe Apfelbaum is the CEO and co-founder of Ajax Union, a digital marketing agency based in Brooklyn. He is a public speaker, certified Google Trainer, and published business author. Joe enjoys speaking and writing about a broad range of business topics in his seminars, webinars and articles. Joe is the host of the popular podcast CEO Mojo and has been featured on popular podcasts including Hal Elrod and New Customer Machine.  He is also the producer of GrowTime.tv. Joe is a member of the Board of Directors of the Entrepreneurs Organization in Brooklyn, a group with over 11,000 CEO’s and a contributing member of the INC Business Owners Council, a community of the fastest growing companies in the United States. Joe is proud of all his accomplishments, but most of all he is proud of his successful foodie wife and beautiful amazing kids.

Is it possible that being good at your job isn't always enough? In this episode, Stephanie tells a different kind of "How to Lose Money" story...

Based in Dallas, Stephanie Chung and Associates offer sales training, executive coaching, and small business mentorship services nationwide. Among her products is the “High Ticket Selling Made Simple” course, designed to help small business owners sell more and make more. As a former sales executive in the aviation and private jet industry, Stephanie has mastered the art of high ticket selling and has mentored, coached and developed some of the highest paid, most elite, sales professionals in the country.

Serving business leaders, entrepreneurs, and sales professionals, Stephanie Chung uses her proven executive coaching and sales training expertise to get the job done. Chung is an executive coach, trainer and advisor backed by more than 25 years of team management, business development, and sales leadership experience. Chung is also a public speaker, a contributor on ABC, CBS, NBC and author of “Profit Like a Girl: A Woman’s Guide to Kicking Butt in Sales and Leadership” and “Embrace the Suck: How to Grow and Succeed in Business”.

House flipping has become mainstream thanks to shows on HGTV and TLC. However, flipping houses is not always a sure path to wealth, as our guest Tyler Sheff explains! Though we talk about real estate on this episode, we offer actionable tips that any entrepreneur in any industry can benefit from.

Tyler Sheff is the CEO of Cash Flow Guys which is a company focused on helping people escape the rat race by building wealth in long term hold real estate. As an Educator, Coach and Master Facilitator of Robert Kiyosaki’s CashFlow 101 Game; Tyler hosts workshops online and in the Tampa, FL area to teach busy people how to escape the rat race by acquiring assets creatively. Tyler is a huge advocate of financial independence and helps others achieve just that.

As a syndicator and investment realtor, Tyler helps people invest in larger projects that most never thought would be possible. Tyler and his team acquire, stabilize, and then provide clean, safe affordable housing to those in need when it matters most. As the host of the Cash Flow Guys Podcast, Tyler teaches the public how to avoid common pitfalls found in real estate investing and inspires others to take massive action towards their goals.

A survivor of a childhood riddled with domestic violence and alcoholism in the rural foothills of southern Virginia, James R. Nowlin is now the millennial CEO and founder of executive consulting firm, Excel Global Partners (EGP) and the Fund Managing Principal of the EGP Family of Companies. By mastering his habits, routines, and consciousness, James trained his mindset to shift from the poverty consciousness that he learned as a child to an abundance consciousness as an adult–and by doing so, became a multimillionaire. Today, James is not only a survivor, he is a thriver. Under James’ leadership, his firm has led successful engagements in 15 countries and in more than 20 states. His book, The Purposeful Millionaire, is a best-selling guidebook of 52 rules that teaches people about mastering the millionaire mindset and getting the most out of life–doing more, living more, and achieving more!

We know that buying a company with potential can be extremely profitable. However, in today's show, Moran Pober tells us the story of how he bought a company, grew it successfully, but then lost it all. Anyone who owns or helps run a business will profit from this episode!

Moran Pober is the founder of ABD Assets. Moran is a former IDF (Israel Defense Forces) soldier. He has had extensive dealings with many entrepreneurial projects. Founded iTips, top 100 app in 100 stores around the world in the app store including US,CA and UK. He has carried out extensive consulting assignments with many companies and projects in the eCommerce and SAAS world. He's now on the hunt for acquisitions of companies he can help turnaround, merge or help grow towards exit/IPO.

Wendy Sweet claims to be a recovering mortgage broker and has been successfully lending hard money through her company, Carolina Hard Money, for 16 years. Wendy and her partner Bill Fairman, who is also her brother, manage a fund of accredited investors and broker loans for non-accredited investors who are interested in generating passive income. Wendy is a 35-year veteran real estate broker in both Carolinas, a 17-year mortgage veteran, and has 17+ years of experience in flips, landlording and wholesaling. Her goal is to help others build wealth, grow family prosperity, and change communities throughout the Carolinas.

In this episode, an experienced financial planner shares common financial mistakes his clients have made over the years. If you are doing any of these things with your money, you need to stop now!

Martin Bamford achieved Chartered Financial Planner/Certified Financial Planner (CFP) professional status in 2007 and was named a Fellow of the Personal Finance Society in 2014. He is a Chartered Wealth Manager, Accredited Later Life Adviser and Full Member of the Society of Later Life Advisers (SOLLA). Martin is also responsible for investment management research at Informed Choice Financial Planners and he is host of the popular personal finance podcast Informed Choice Radio.

Martin is also the author of several bestselling personal finance books and produced his first feature-length documentary in 2014, about the post-war Baby Boomer generation in retirement.

Stacey Brown Randall has one focus in life: To help others avoid business failure. She knows – she’s been there, done that and bought the t-shirt. Stacey’s online programs, VIP days and live events provide a blueprint to follow to take control of your referrals, your client experience, and your business.

Stacey is a contrarian when it comes to typical referral advice and believes the best way to unleash a referral explosion is to do it WITHOUT asking for referrals (and she has results to prove it). Stacey is a three-time entrepreneur, certified productivity and time efficiency coach, has a background in sales and marketing, and is an aspiring author. Stacey received her Master’s in Organizational Communication and is married with three kids.

By his 35th birthday Mike Michalowicz (pronounced mi-‘kal-o-wits) had founded and sold two multi-million dollar companies. Confident that he had the formula to success, he became an angel investor…and proceeded to lose his entire fortune.

Then he started all over again, driven to find better ways to grow healthy, strong companies. Among other innovative strategies, Mike created the “Profit First Formula”, a way for businesses to ensure profitability from their very next deposit forward.

Mike is now running his third million dollar venture, is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Profit First, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed “the entrepreneur’s cult classic.”

Mitch Stephen, author of the book series My Life & 1,000 Houses: Failing Forward to Financial Freedom and 200+ Ways to Find Bargain Properties, is a self-taught real estate entrepreneur. Self-employed since 1996, Mitch has purchased well over 1,500 properties in and around his hometown of San Antonio, TX. He is a high school graduate who never stopped learning through books, CDs, seminars and webinars.

Today, Mitch Stephen specializes in owner financing properties to individuals left behind by traditional lending institutions and giving new life to properties that scar neighborhoods. He has perfected a method of achieving cash-flow without having to be a landlord and without having to rehab properties. He’s mastered the art of raising private money and the classic Nothing Down deal. He has pioneered the idea that you don’t have to give discounts to sell your notes. Mitch is a passionate speaker who delivers the message of integrity first and profits second.

Daniel is a self-made multi-millionaire and full-time fact finder. “I credit my success to a strong desire to surround myself with the right people.” After warning family and friends in 2007 about the coming market and mortgage collapse, he started his own YouTube channel, VisionVictory which has received 10 million video views. On March 18, 2008, Daniel called for Dow 8,000, the collapse of Lehman Brothers, AIG, and Washington Mutual. During the mortgage crisis, he helped people buy Put Options on Countrywide Mortgage…these Puts saw a gain of 1,400%.

His connection to insiders in the micro-cap space and drive towards over-delivering to his readers is truly extraordinary and what separates himself from other publishers.
He is the co-founder of the Future Money Trends Letter, FMT Advisory, and Crush The Street.