✔️Summary:

In this episode, I interviewed Randy Langenderfer, a former corporate executive turned full-time multifamily real estate investor. Randy shared his journey from the corporate world to multifamily real estate investment. A year ago, he left his corporate job to focus solely on multifamily investments, a journey that began a decade prior while working for the private equity firm, Carlyle Group. Concerned about job security, Randy sought an alternative income stream and explored various options like small business ownership and franchise opportunities before finding his passion in real estate.

Initially dabbling in single-family home flipping, Randy eventually shifted to multifamily properties due to their scalability and potential for passive income. He appreciated the advantages of non-recourse loans and the syndication model, allowing multiple investors to acquire large properties. Over four years, Randy transitioned from a limited partner to a general partner, methodically building his expertise and confidence before leaving the corporate world entirely.

Randy discussed strategies to mitigate the challenges posed by high-interest rates, such as seeking unique investment opportunities and avoiding variable-rate debt. For example, he mentioned properties with tax abatements and build-to-rent townhouses in high-growth areas like North Dallas.

Addressing the attractiveness of real estate investment versus risk-free options like treasury bills, Randy highlighted the long-term benefits of real estate, including tax advantages and appreciation potential. He emphasized the importance of relationships, advising passive investors to get to know their general partners and understand the deal analytics. He encouraged aspiring investors to take a long-term view, stay educated, and follow the playbook of successful predecessors.

⭐️About Randy:

Randy Langenderfer is a seasoned real estate investor with over a decade of experience. His journey began with single-family home remodels. Transitioning to multifamily investments, Randy discovered the path to true financial freedom.

With an MBA in Finance and over 25 years of corporate leadership in various industries, Randy's expertise lies in risk management and governance. He founded InvestArk to identify low-risk, high-return investment opportunities. Currently, his portfolio includes nearly 4,000 units, all managed by top-tier property management and operational oversight teams.

Randy advises new investors and busy professionals to consider passive investment in multifamily real estate. This approach offers diversification, lucrative and recession-resistant returns, tax savings, and the creation of legacy assets without the hassles of active property management.

For those interested in hands-off real estate investing, Randy invites them to learn more about InvestArk Investors Club through LinkedIn or by visiting InvestArk's website to watch the free training, “How To Recession-Proof Your Retirement With Hands-Off Commercial Real Estate Investing.”

💜 Where to find Randy:

► Website: https://www.invest-ark.com/

► Linkedin: https://www.linkedin.com/in/randy-langenderfer/

► Facebook: https://www.facebook.com/randy.langenderfer

☞ Randy’s Book Recommendation:

► “The Hands-Off Investor: An Insider's Guide to Investing in Passive Real Estate Syndications” by Brian Burke

✔️Summary:

In this episode, I interview Riggs Eckelberry, President & CEO of OriginClear, Inc., who shares his diverse background, which includes international living due to his father’s career, work in the nonprofit sector, and a stint as a professional Merchant Mariner. He emphasizes that these experiences have given him a global perspective and a drive to use technology for positive change. Initially, his ambitious tech endeavors in New York failed due to lack of capital, teaching him resilience and the importance of persistence.

His career took off in Los Angeles in the high-tech industry, particularly in computing for communication, where he ascended to C-level positions, ultimately leading a company onto the NASDAQ. However, he then shifted focus from tech to green energy, specifically biofuels from algae. Despite initial success, this venture collapsed when crude oil prices fell, prompting a pivot to wastewater extraction technology.

The company, now known as OriginClear, transitioned to focus on decentralized water treatment solutions, addressing the significant gap in water infrastructure, especially highlighted by climate change and rising demand. OriginClear’s innovative approach involves creating modular, containerized water treatment systems for industries and communities, reducing reliance on central systems. They also developed a financial model to support this through regular investors, making water treatment accessible and scalable.

Riggs notes that while large corporations have their own solutions, OriginClear’s niche lies in serving smaller entities like mobile home parks, which face stringent sanitation requirements. By offering water-as-a-service, OriginClear alleviates the financial burden on these communities, making essential upgrades feasible without upfront capital.

Looking forward, Riggs is excited about the potential of decentralized water treatment systems to solve significant water issues globally, drawing parallels to how cell towers leapfrogged landlines in developing regions. This decentralized approach is not only more cost-effective but also better suited to the needs of modern water management, ensuring sustainability and efficiency.

⭐️About Riggs:

Long a disruptive tech marketer and executive, Riggs Eckelberry became involved in the early “green” space when he co-founded the company that eventually became OriginClear, taking it public in 2008.

Beginning in 2014, he and his team developed a series of transformative businesses which OriginClear manages in its role as the Clean Water Innovation Hub™.

Riggs Eckelberry is passionate about Break To Build™, which is about reinventing, with a team.

💜 Where to find Riggs:

► Company Website: https://www.originclear.com/

► Linkedin: https://www.linkedin.com/in/riggs/

► X: https://x.com/riggseck

☞ Riggs’s Book Recommendation:

► “The Innovator's Dilemma” by Clayton M. Christensen

► “Foundation” by Isaac Asimov

► "Dune" by Frank Herbert

✔️Summary:

In this episode, I interviewed Damion Lupo, the author of a book I purchased years ago on qualified retirement plan (QRP) after hearing him on the Bigger Pockets podcast. Damion appreciates the support and reflects on his writing journey, emphasizing that writing has helped him clarify his ideas rather than aiming for bestseller status. He has authored 12 books, with "Unicornomics" being the latest, encapsulating his business principles.

Damion shares his extensive entrepreneurial experience, having started and managed over 70 companies. He believes that understanding foundational business principles can significantly increase the chances of success, countering the common belief that most businesses fail. He argues that many businesses lack a solid foundation, which is crucial for long-term success.

Damion's current focus is FrameTek, a vertically integrated framing company revolutionizing the construction industry by manufacturing house frames in a controlled environment, drastically reducing construction time and waste. He explains that FrameTek's approach addresses the shortage of skilled labor in construction and offers a predictable, high-quality, and efficient process. The company is expanding rapidly, with plans to build additional plants in various locations.

Damion discusses the importance of having a mission-driven business rather than solely focusing on making money. He shares his own experiences, including significant financial losses, which taught him the value of having a clear mission and serving others. This mission-centric approach has been central to his various ventures, including eQRP, which empowers people to take control of their financial future.

He emphasizes the importance of focus, saying that diversifying too much can lead to mediocrity. Damion advises aspiring entrepreneurs to narrow their focus, master one thing, and avoid chasing too many opportunities simultaneously. He also underscores the value of mentors, stressing that finding the right mentor can accelerate personal and professional growth. Damion concludes by encouraging people to embrace the process of building something meaningful, staying patient, and being willing to invest in their growth and learning.

⭐️About Damion:

Over the last 35 years, Damion Lupo has owned and started more than 70 different companies and personally purchased over 150 houses in 7 states, apartment complexes, completed condo developments, and more.

His mission is to help 10,000 families become debt-free with at least $100,000 in annual perpetual passive income for life.

The family of companies working together to make that happen includes FrameTec®, eQRP®, My Gold Advisor, Vitruvian Ventures, and FU Media.

💜 Where to find Damion:

► Website: https://damionlupo.com/

► Company Website: https://frametek.com/

► Linkedin: https://www.linkedin.com/in/damionlupo/

☞ Damion’s Book Recommendation:

► "Mastery” by George Leonard

✔️Summary:

In this episode, I interviewed Catherine Collins, a nationally recognized personal finance writer, editor, and author. Catherine began her journey by starting a blog during her graduate school years as a creative outlet. Struggling financially with a small stipend, she shared her budgeting techniques and thrift store decor tips on her blog. This initial venture gradually evolved as more opportunities came her way, including writing for banks despite having no prior experience with mortgages. Catherine's ability to learn and adapt quickly led her to numerous opportunities, including social media brand deals and eventually a book deal. Her company, The Alford Media Group LLC, alongside her book, "Mom's Got Money," reflects her dedication to empowering women in financial matters, particularly moms who she feels are often intimidated by finance.

The book aims to motivate moms to take an active role in managing family finances, using relatable examples and encouraging them to leverage their skills gained from motherhood. Catherine emphasizes the importance of finding personal finance resources that resonate on a personal level, advocating for following influencers or reading books that reflect one's own life experiences and challenges.

Her journey also led to starting a new company and a podcast named "Five-Year You," focusing on personal development and self-improvement, with finance being one part of a broader spectrum. Catherine speaks about resilience and self-advocacy, especially following her unexpected divorce, which tested her financially and personally. She underlines the importance of resilience in financial matters, especially when facing life's unpredictabilities.

Besides her professional endeavors, Catherine also touches on being highly sensitive and how this trait has shaped her approach to personal development and entrepreneurship. Her strategy involves utilizing her sensitivity to empathize and connect with others, which enhances her podcasting and helps her engage with her audience effectively.

Overall, Catherine's narrative is about leveraging personal challenges and traits to foster growth and resilience, encouraging women to become proactive and confident in handling finances and personal development.

⭐️About Catherine:

Catherine Collins (formerly Catherine Alford) is a nationally recognized personal finance writer, editor, and author. She wrote the book Mom's Got Money: A Millennial Mom's Guide to Managing Money Like a Boss.

She has been featured in dozens of media outlets, including Good Morning America, Yahoo Finance, Forbes, U.S. News and World Report, Real Simple, The Huffington Post, Kiplinger, Investopedia, Business Insider, and many more.

Through her company, The Alford Media Group, she provides high-quality freelance writing and content management to several websites and companies. Catherine's specializations include long-form SEO content and editing. She has managed a team of three freelance writers with responsibilities including editing, maintaining an editorial calendar, and scheduling newsletters.

Her past experience as an English instructor to university students has given Catherine extreme attention to detail, making her an ideal candidate to take your company's content and copywriting to the next level.

💜 Where to find Catherine:

► Website: https://www.momsgotmoney.com/

► Linkedin: https://www.linkedin.com/in/catherine-collins-8b983049/

► Instagram: https://www.instagram.com/momsgotmoney/

► TikTok: https://www.tiktok.com/@fiveyearyou

► Podcast: Five Year You

☞ Catherine’s Book Recommendation:

► "Atomic Habits” by James Clear

► Books by Freida McFadden

✔️Summary:

In this episode, I interviewed Parker Pursell, CEO of eQRP Company. Parker, a graduate from Auburn University in 2013, started his professional journey in leadership and hospitality at Chick-fil-A, where he developed his core leadership philosophy: winning hearts before minds to ensure effective communication. His time at Chick-fil-A, combined with his family's business in hospitality at Pursell Farms, ingrained in him a deep sense of stewardship and customer service. The COVID-19 pandemic in 2020 prompted him to leave the security of employment to explore entrepreneurial ventures, eventually leading him to a role at eQRP.

eQRP (Enhanced Qualified Retirement Plan) leverages self-directed retirement systems to empower individuals to manage their financial future actively. Parker's role, initially undefined, grew to encompass leveraging his hospitality experience to enhance customer service within the financial sector. His approach at eQRP focuses on educating clients to make informed financial decisions themselves, reflecting his belief in stewardship—managing resources effectively for the benefit of others.

Parker's story is marked by a transition from hands-on roles in the food and hospitality industry to a leadership position in finance, guided by the principle of adding value and making strategic career decisions based on personal happiness and effectiveness. He emphasizes the importance of aligning one's work with personal joy and ethics, noting the stark contrast in the finance industry where greed often supersedes ethical stewardship, as seen in recent financial scandals.

Parker's philosophy extends beyond business, viewing financial empowerment as part of a broader spiritual and ethical journey. He advocates for proactive, informed engagement with one’s finances, leveraging opportunities like self-directed retirement plans to invest in meaningful and personally resonant assets. This approach not only aims to secure financial independence but also aligns financial actions with personal values and broader life goals.

⭐️About Parker:

Parker Pursell, serving as President & CEO of eQRP, is dedicated to enhancing financial independence for professionals and investors. Grounded in the principle of Steward Leadership, Parker is committed to fostering personal and financial growth. His varied experiences at Chick-Fil-A and Pursell Farms prepared him well, but it was during the uncertainty of the COVID-19 pandemic that Parker found his path in the financial sector by joining eQRP. Now, three years into his role, Parker continues to positively influence the lives of many each year. His focus on promoting financial freedom reflects his deep commitment to helping others achieve greater financial control and security.

💜 Where to find Parker:

► Website: https://eqrp.com/

► Linkedin: https://www.linkedin.com/in/parker-pursell/

► X: https://twitter.com/parker_pursell

☞ Parker’s Book Recommendation:

► "Rich Dad Poor Dad" by Robert Kiyosaki: https://amzn.to/3QkZRaz

► "Extreme Ownership" by Jocko Willink: https://amzn.to/3UBdox1

✔️Summary:

In this interview, Byron shares his journey to founding his company CFOAF, which specializes in tax strategy and fractional CFO services. He explains his entrepreneurial background, driven by his realization that he was not suited to being an employee, leading him to start and run multiple businesses, some of which succeeded while others failed. His motivation to understand accounting and tax strategy emerged from his experiences with banks and the IRS, which influenced his business operations.

Byron's company offers comprehensive CPA services, with a strong focus on tax strategy and fractional CFO roles, aimed at optimizing tax liabilities while demonstrating profitability to banks. He delves into the complexities of tax planning, illustrating with real estate investment strategies that leverage cost segregation studies and real estate professional status to maximize tax benefits while maintaining high profitability on paper.

The discussion also covers the benefits of a fractional CFO service, particularly for growing businesses that cannot yet afford a full-time CFO. Byron emphasizes the strategic advisory role of a CFO, which helps companies navigate growth phases efficiently without prematurely expanding their overhead costs.

Byron also touches on broader industry topics like the impact of emerging technologies such as cryptocurrencies and the metaverse, explaining how they influence the state of the world. He highlights the importance of proactive involvement in shaping tax regulations, especially in rapidly evolving fields like cryptocurrency.

Overall, the interview provides insights into strategic financial management and the advantages of leveraging specialized financial services to support business growth and navigate complex tax landscapes effectively.

⭐️About Byron:

Byron Wolfe is the founder of CFOAF, a consultancy offering fractional CFO services and business strategies with a focus on small businesses generating less than $38 million in annual revenue. He is a certified public accountant (CPA) with expertise in cryptocurrency, NFTs, and metaverse-related tax strategies.

Currently serving as the CFO of Black Tie Moving, a company recognized in the INC 5000 list, Byron brings over 14 years of experience in leading financial reporting, accounting, treasury, and human resources operations. His career has spanned roles as CEO and COO across various industries, primarily focusing on financial management. He has provided consultancy for a range of businesses from startups to mid-cap companies, demonstrating a strong ability to motivate, train, and coach teams.

Byron thrives on tackling new challenges, particularly in developing financial models and strategies aimed at achieving rapid and sustainable business growth.

💜 Where to find Byron:

► Website: https://www.cfoaf.com/

► Linkedin: https://www.linkedin.com/in/byron-a-wolfe-cpa/

► Facebook: https://www.facebook.com/cfoaf

☞ Byron’s Book Recommendation:

► "The ONE Thing” by Gary Keller and Jay Papasan: https://amzn.to/3Q2XmcN

► “Buy Back Your Time” by Dan Marte: https://amzn.to/3TYytjv

✔️Summary:

In this episode, Cary Prejean, CEO of Strategic Business Advisors (fka CFO Consulting LLC), shares his journey from working in accounting to founding his own company. He observed a lack of financial literacy among small business owners, hindering their ability to interpret financial statements and make informed decisions. This insight prompted him to educate and assist small businesses, leading to the creation of his company.

Cary's solution was to develop customizable financial dashboards on Excel, providing real-time actionable data for businesses. These dashboards enable owners to track cash flow, receivables, payables, and other vital metrics, empowering them to manage their businesses effectively.

Additionally, Cary helps owners transition from being hands-on to adopting a strategic, hands-off approach by empowering their teams and clarifying expectations. This transition ultimately frees up owners to focus on strategic vision and revenue generation.

Cary discusses the challenges small business owners face in relinquishing control and implementing effective processes. He emphasizes the importance of trust between employers and employees, highlighting that employees need to feel cared for and valued in order to perform at their best. Cary draws parallels between businesses and military operations, emphasizing the need for consistent processes and training to achieve success.

Through his expertise and tailored solutions, Cary enables small business owners to achieve financial clarity, peace of mind, and improved profitability.

⭐️About Cary:

Cary Prejean, a seasoned Controller and CFO, is dedicated to empowering business owners through the Well-Oiled Machine process. Recognizing the frustrations of stagnant businesses, Cary offers a transformative four-month course to streamline operations and optimize profitability.

By replacing outdated accounting models with practical strategies, Cary equips entrepreneurs with customized procedures and intuitive dashboard reporting systems. This enables owners to efficiently manage their enterprises with minimal time investment, fostering growth and freedom.

Beyond immediate gains, Cary assists in long-term strategic planning to ensure sustained success. By proactively shaping their business trajectory, owners can navigate challenges and seize opportunities.

💜 Where to find Cary:

► Website: strategicbusinessadvisors.org

► Linkedin: https://www.linkedin.com/in/caryprejean/

☞ Cary’s Book Recommendation:

► "The E-Myth Revisited” by Michael E. Gerber: https://amzn.to/4azSfsh

► “The Science of Dream Teams” by Mike Zani: https://amzn.to/4czMZGW

► “Traction” by Gino Wickman: https://amzn.to/4agNvIk

► “How to Be a Great Boss” by Gino Wickman and René Boer: https://amzn.to/4agNvIk

✔️Summary:

I normally do not interview traders but I have to say - Anmol’s track record and his approach to investing are very impressive.

In the beginning of the interview, Anmol Singh discusses his philosophy and approach to trading, emphasizing systematic decision-making based on technical analysis.

Anmol advocates for a balanced approach, incorporating both short-term trading for income and long-term investing for wealth-building. He highlights the importance of aligning trading strategies with individual time commitments, personality types, and capital. Anmol also discusses the differences between fundamental and technical analyses, emphasizing the importance of aligning trading strategies with individual preferences.

Anmol also shares insights into selecting companies to trade, highlighting specific patterns and strategies based on chart analysis. He simplifies fundamental analysis to two key questions: whether a company will be more relevant in the next five years and whether people will continue to use its products or services.

Anmol stresses the importance of continuous learning and personal development, recommending workshops, seminars, and retreats as valuable opportunities for growth.

Regarding partnerships, Anmol advises taking time to get to know potential partners, setting clear boundaries, and ensuring complementary skill sets. He shares his definition of true success as achieving harmony in all aspects of life and being content with one's progress.

⭐️About Anmol:

The stock market is an emotional rollercoaster. The difference between profit and loss comes down to your understanding of how to make logical and fast decisions based on constantly changing data. This is where Anmol Singh comes in. He was born in Delhi, India and grew up as a patient and persistent individual. After completing his high school education, he went to Brunel University London with the strong determination to become something great. He started trading in his dorm and saved enough money to legally start multiple franchises and move to America. At the young age of 22, Anmol Singh was able to establish himself as a successful Trader and has been featured in major media outlets including Business Insider, Forbes, and International Business Times. Today, he and his team at Live Traders show people how to execute trades, review different scenarios, and most importantly, how to control your emotions when high stakes are on the line.

💜 Where to find Anmol:

► Website: www.Livetraders.com

► X: https://twitter.com/DeltaNinety

► Facebook: https://www.facebook.com/anmolsc

► Instagram: https://www.instagram.com/deltaninety/

► Linkedin: https://www.linkedin.com/in/anmolsc/

► Youtube: https://www.youtube.com/@Live.Traders

☞ Anmol’s Book Recommendation:

► "Mindset" by Carol Dweck: https://amzn.to/3wX8T6D

► “The Three Laws of Performance” by Steve Zaffron and Dave Logan: https://amzn.to/495q0Ri

► “Prepping For Success” by Singh Anmol: https://amzn.to/4ae3aI6