David Hancock is the founder of <a href= "https://www.morgan-james-publishing.com/">Morgan James Publishing</a> and has co-authored 12 books, including <a href= "https://www.amazon.com/Performance-Driven-Thinking-Challenging-Encourage/dp/161448693X"> Performance Driven Thinking</a>, <a href="https://www.amazon.com/Guerrilla-Marketing-Mortgage-Brokers-Competition/dp/0976090104"> Guerilla Marketing for Mortgage Brokers</a>, and <a href= "https://www.amazon.com/gp/product/B003LSTAU4/ref=dbs_a_def_rwt_bibl_vppi_i3"> The Entrepreneurial Author</a>. Nasdaq sights David as one of the world’s most prestigious business leaders, and he is reported to be the future of publishing. David was selected for Fast Company Magazine’s “Fast 50” for his leadership, creative thinking, significant accomplishments, and his significant impact on the industry in the coming decade. Morgan James Publishing is regularly ranked on Publisher’s Weekly “Fast Growing Small Press List” over the last ten years. David serves on many boards, including Chairman of the Guerilla Marketing International Board, Chairman for the National Center for the Prevention of Community Violence, the Jaguar Advisory Board, Habitat for Humanity Peninsula, Greater Williamsburg, and others.

David Hancock is the founder of Morgan James Publishing and has co-authored 12 books, including Performance Driven Thinking, Guerilla Marketing for Mortgage Brokers, and The Entrepreneurial Author. Nasdaq sights David as one of the world’s most prestigious business leaders, and he is reported to be the future of publishing. David was selected for Fast Company Magazine’s “Fast 50” for his leadership, creative thinking, significant accomplishments, and his significant impact on the industry in the coming decade. Morgan James Publishing is regularly ranked on Publisher’s Weekly “Fast Growing Small Press List” over the last ten years. David serves on many boards, including Chairman of the Guerilla Marketing International Board, Chairman for the National Center for the Prevention of Community Violence, the Jaguar Advisory Board, Habitat for Humanity Peninsula, Greater Williamsburg, and others.

How to Lose Money: Business Stories | Life Lessons | Navigating Failure

203: How to Lose Money by Staying in the Closet with David Hancock

Jack Gibson began his entrepreneurial journey at 19 and founded his first company at the age of 21. Operating a successful nutrition consulting and distribution company, Jack had built a multimillion dollar venture before he was old enough to rent a car. Soon after that, he bought his first home as an investment. One quickly became five, and then the bug hit. He became obsessed with learning everything he could about real estate investing and soon had over 50 investment properties generating passive income. Today Jack spends his time mentoring other entrepreneurs, building his real estate investment portfolio, and helping other investors build a brighter future through the power of turnkey real estate income.

Jack Gibson began his entrepreneurial journey at 19 and founded his first company at the age of 21. Operating a successful nutrition consulting and distribution company, Jack had built a multimillion dollar venture before he was old enough to rent a car. Soon after that, he bought his first home as an investment. One quickly became five, and then the bug hit. He became obsessed with learning everything he could about real estate investing and soon had over 50 investment properties generating passive income. Today Jack spends his time mentoring other entrepreneurs, building his real estate investment portfolio, and helping other investors build a brighter future through the power of turnkey real estate income.

202: How to Lose Money by Buying Underpriced Properties at a Tax Sale with Jack Gibson

Vincenzo Villamena is an American CPA and the Managing Partner of <a href= "https://onlinetaxman.com/">Online Taxman</a>, which offers completely secure and online tax preparation services including an online document exchange and upload system and utilization of modern communication technologies. He has “Big 4” audit and corporate accounting experience during his time with PricewaterhouseCoopers and was involved in Fortune 100 audit engagements and M&A transactions - giving him the knowledge to perform analysis in valuation, corporate finance, and technical accounting issues. More recently, Vincenzo has served as partner in 4 Corners Inc., focusing on individuals and businesses for accounting and tax preparation matters as well as advising high net worth individuals in private equity investing.    Vincenzo has both a Masters of Accounting and Bachelors of Business Administration with distinction from the University of Michigan’s Stephen M. Ross School of Business. He is from New York City but left the States to live a better life in Medellin, where he's been running his business. He sees many benefits to leaving the States for more entrepreneurial and better life opportunities elsewhere.

Vincenzo Villamena is an American CPA and the Managing Partner of Online Taxman, which offers completely secure and online tax preparation services including an online document exchange and upload system and utilization of modern communication technologies. He has “Big 4” audit and corporate accounting experience during his time with PricewaterhouseCoopers and was involved in Fortune 100 audit engagements and M&A transactions - giving him the knowledge to perform analysis in valuation, corporate finance, and technical accounting issues. More recently, Vincenzo has served as partner in 4 Corners Inc., focusing on individuals and businesses for accounting and tax preparation matters as well as advising high net worth individuals in private equity investing.    Vincenzo has both a Masters of Accounting and Bachelors of Business Administration with distinction from the University of Michigan’s Stephen M. Ross School of Business. He is from New York City but left the States to live a better life in Medellin, where he's been running his business. He sees many benefits to leaving the States for more entrepreneurial and better life opportunities elsewhere.

201: How to Lose Money by Being Inexperienced with Vincenzo Villamena

In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents he probably wouldn’t walk, talk, or eat on his own again, but he actually ran out of the hospital 3 months later. Now a certified infinite possibilities trainer, Nick speaks to groups that benefit from his message of overcoming adversity. Nick grew up in the real estate industry, and he got started knocking on pre-foreclosure doors at 16 and 17 years old, doing up to 50 doors a day. This experience helped shape his real estate career now. Nick specializes in working with lease purchasers to get them into a home and on a path to home ownership. He recently co-authored the best seller, <a href= "https://www.amazon.com/New-Rules-Real-Estate-Investing-ebook/dp/B07RRFQXQW"> The New Rules of Real Estate Investing: 24 Leading Experts Reveal Their Real Estate Secrets</a>.

In 2003, Nick Prefontaine was in a snowboarding accident that left him in a coma for over 3 weeks. The doctors told his parents he probably wouldn’t walk, talk, or eat on his own again, but he actually ran out of the hospital 3 months later. Now a certified infinite possibilities trainer, Nick speaks to groups that benefit from his message of overcoming adversity. Nick grew up in the real estate industry, and he got started knocking on pre-foreclosure doors at 16 and 17 years old, doing up to 50 doors a day. This experience helped shape his real estate career now. Nick specializes in working with lease purchasers to get them into a home and on a path to home ownership. He recently co-authored the best seller, The New Rules of Real Estate Investing: 24 Leading Experts Reveal Their Real Estate Secrets.

200: How to Lose Money by Being in a Coma with Nick Prefontaine

Keith Elias played 6 seasons in the NFL with the New York Giants and the Indianapolis Colts. He graduated from Princeton University, where he completed his senior thesis on turn of the century masculinity and its impact on the creation of football. He works in the NFL’s Player Engagement Department, where he equips current and former players through their transition into and out of the league and throughout their lives. He is a screenwriter with his brother, Brian, a novelist, and 2x Best-Selling Co-Author of <a href= "https://www.amazon.com/Resilience-Turning-Your-Setback-Comeback/dp/0998312576"> Resilience: Turning Your Setback into a Comeback</a> and <a href= "https://www.amazon.com/Purpose-Passion-Profit-Kyle-Wilson/dp/0998312568/ref=sr_1_3?crid=2QDSGZ1SIA7NK&keywords=purpose+passion+profit&qid=1579806477&s=books&sprefix=purpose+passion+pro%2Cstripbooks%2C133&sr=1-3"> Purpose, Passion & Profit</a>. He lives in New Jersey with his wife, former Nationally Ranked Gymnast, Christa and their daughter, Avary.

Keith Elias played 6 seasons in the NFL with the New York Giants and the Indianapolis Colts. He graduated from Princeton University, where he completed his senior thesis on turn of the century masculinity and its impact on the creation of football. He works in the NFL’s Player Engagement Department, where he equips current and former players through their transition into and out of the league and throughout their lives. He is a screenwriter with his brother, Brian, a novelist, and 2x Best-Selling Co-Author of Resilience: Turning Your Setback into a Comeback and Purpose, Passion & Profit. He lives in New Jersey with his wife, former Nationally Ranked Gymnast, Christa and their daughter, Avary.

199: How to Lose Money by Being Desperate to Make Money with Keith Elias

Andrew Henderson founded <a href="https://nomadcapitalist.com/">Nomad Capitalist</a> to help people increase their personal freedom and to help them improve their financial situations and intelligently diversify their lives. Helping people save $280,000 a year in taxes, getting a second passport in a matter of months to get started on building the business of their dreams, and giving their children educational opportunities they never would achieve otherwise via a citizenship by descent program are all examples of work he’s done recently with this mission in mind. Andrew has spent the last 10 years meticulously traveling the world with the purpose of finding the best legal strategies and on-the-ground knowledge that actually works.

Andrew Henderson founded Nomad Capitalist to help people increase their personal freedom and to help them improve their financial situations and intelligently diversify their lives. Helping people save $280,000 a year in taxes, getting a second passport in a matter of months to get started on building the business of their dreams, and giving their children educational opportunities they never would achieve otherwise via a citizenship by descent program are all examples of work he’s done recently with this mission in mind. Andrew has spent the last 10 years meticulously traveling the world with the purpose of finding the best legal strategies and on-the-ground knowledge that actually works.

198: How to Lose Money by Paying a 44% Tax Rate with Andrew Henderson

Antoine Martel is a 24-year-old real estate entrepreneur. He started investing in real estate while at university and has since bought and sold over 150 homes and multiple apartment buildings. He currently lives in LA where he runs <a href="https://martelturnkey.com/">martelturnkey.com</a>, a turnkey rental company that buys and sells over 100 homes a year. They invest in markets like Memphis, Cleveland, Birmingham, and Saint Louis. Antoine also has a highly educational podcast entitled “<a href= "https://podcasts.apple.com/us/podcast/millennials-guide-to-real-estate-investing-antoine/id1382826261">A Millennial's Guide to Real Estate Investing</a>.”

Antoine Martel is a 24-year-old real estate entrepreneur. He started investing in real estate while at university and has since bought and sold over 150 homes and multiple apartment buildings. He currently lives in LA where he runs martelturnkey.com, a turnkey rental company that buys and sells over 100 homes a year. They invest in markets like Memphis, Cleveland, Birmingham, and Saint Louis. Antoine also has a highly educational podcast entitled “A Millennial's Guide to Real Estate Investing.”

197: How to Lose Money by Being Overconfident with Antoine Martel

Inna Rubinchik is the regional leasing director at <a href= "https://www.compass.com/">Compass</a> in the San Francisco Bay Area. She is the number one leasing agent in San Francisco. Her brand, <a href="https://leasingagent415.com/">Leasing Agent 415</a>, is helping investors in San Francisco make informed decisions about rental properties and maximize profits. Inna has a master’s degree in taxation and has previously worked in acquisitions at several prominent Bay Area real estate investment companies. She is a wife and mother of 2 children.

Inna Rubinchik is the regional leasing director at Compass in the San Francisco Bay Area. She is the number one leasing agent in San Francisco. Her brand, Leasing Agent 415, is helping investors in San Francisco make informed decisions about rental properties and maximize profits. Inna has a master’s degree in taxation and has previously worked in acquisitions at several prominent Bay Area real estate investment companies. She is a wife and mother of 2 children.

196: How to Lose Money by Choosing the Wrong Career Path with Inna Rubinchik

Bob Fraser is co-founder and CFO of <a href="https://aspenfunds.us/">Aspen Funds</a>, a fund management company focused on mortgage investments. He has 20+ years’ experience as a finance and technology executive, and he is a magna cum laude UC Berkley computer scientist and a former Entrepreneur of the Year award winner. Before that in 1995, Mr. Fraser founded Net Sales Inc., a back office e-commerce provider. As a CEO, Mr. Fraser raised $44 million in investment capital and guided the company to an average of 20% month-to-month revenue growth, becoming the metro area’s fastest growing company between 1997 and 1999. Since 2002, Fraser has founded and served several non-profit organizations as a board member and a CFO. Fraser has also been involved in a number of entrepreneurial initiatives, including book publishing, financial consulting, and an investment fund managing member.

Bob Fraser is co-founder and CFO of Aspen Funds, a fund management company focused on mortgage investments. He has 20+ years’ experience as a finance and technology executive, and he is a magna cum laude UC Berkley computer scientist and a former Entrepreneur of the Year award winner. Before that in 1995, Mr. Fraser founded Net Sales Inc., a back office e-commerce provider. As a CEO, Mr. Fraser raised $44 million in investment capital and guided the company to an average of 20% month-to-month revenue growth, becoming the metro area’s fastest growing company between 1997 and 1999. Since 2002, Fraser has founded and served several non-profit organizations as a board member and a CFO. Fraser has also been involved in a number of entrepreneurial initiatives, including book publishing, financial consulting, and an investment fund managing member.

195: How to Lose Money by Taking Venture Capital with Bob Fraser

Todd Dexheimer is CEO of <a href="http://www.venturedproperties.com/">Venture D Properties LLC</a>. He started investing in real estate in 2008. Since then he has purchased and renovated roughly 800 units. Todd has completed over 150 flips, including a 20-unit mobile home park, a ski resort, and a 15-unit apartment complex while using those profits to build his rental portfolio. Today Todd owns approximately $25 million in real estate, comprised of 550 units in 5 states. His focus is on syndicating value-add multifamily in emerging markets. Todd is also the host of the podcast “Pillars of Wealth Creation” and does some coaching for multifamily investors. Todd’s passionate about teaching others how to create a business and how to take control of their finances.

Todd Dexheimer is CEO of Venture D Properties LLC. He started investing in real estate in 2008. Since then he has purchased and renovated roughly 800 units. Todd has completed over 150 flips, including a 20-unit mobile home park, a ski resort, and a 15-unit apartment complex while using those profits to build his rental portfolio. Today Todd owns approximately $25 million in real estate, comprised of 550 units in 5 states. His focus is on syndicating value-add multifamily in emerging markets. Todd is also the host of the podcast “Pillars of Wealth Creation” and does some coaching for multifamily investors. Todd’s passionate about teaching others how to create a business and how to take control of their finances.

194: How to Lose Money by Not Signing Contracts with Todd Dexheimer

Starting from the ground floor, Melanie Finnegan has educated herself in every area of the tax lien investing process. She’s been able to implement a strategy within the investment vehicle that allows investors to maximize their ROI and compound their interest. Her integrity, business ethics and natural compassion for helping people become successful has proven over and over by the success of her clients.

Starting from the ground floor, Melanie Finnegan has educated herself in every area of the tax lien investing process. She’s been able to implement a strategy within the investment vehicle that allows investors to maximize their ROI and compound their interest. Her integrity, business ethics and natural compassion for helping people become successful has proven over and over by the success of her clients.

193: How to Lose Money by Being an Uninformed Investor with Melanie Finnegan

Frank Rolfe has been an investor in mobile home parks for almost 2 decades and has owned and operated hundreds of mobile home parks during that time. He is currently ranked with his partner, Dave Reynolds, as the 5th largest mobile home park owner in the U.S. with over 250 communities spread out over 25 states. Frank has always believed that mobile home parks are all about affordable housing. Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave, evolved into a course and a boot camp on mobile home park investing that has become the leader in this niche of commercial real estate. Frank lives in a small town in Missouri with his wife and daughter. He is very active in community affairs, being a member of the Lions Club, the school board, and chairman of the Landmarks Commission. He holds an A.B. in Economics from Stanford University.

Frank Rolfe has been an investor in mobile home parks for almost 2 decades and has owned and operated hundreds of mobile home parks during that time. He is currently ranked with his partner, Dave Reynolds, as the 5th largest mobile home park owner in the U.S. with over 250 communities spread out over 25 states. Frank has always believed that mobile home parks are all about affordable housing. Along the way, Frank began writing about the industry, and his books, coupled with those of his partner Dave, evolved into a course and a boot camp on mobile home park investing that has become the leader in this niche of commercial real estate. Frank lives in a small town in Missouri with his wife and daughter. He is very active in community affairs, being a member of the Lions Club, the school board, and chairman of the Landmarks Commission. He holds an A.B. in Economics from Stanford University.

192: How to Lose Money by Owning a Profitable Billboard Company with Frank Rolfe

Ross Stryker is the founder and CEO of <a href= "https://www.smartassetopportunities.com/">Smart Asset Opportunities</a>, which helps educate busy small business owners how to take charge of their own financial freedom and stop giving up control to those on Wall Street. He practiced dentistry and specialized in orthodontics for over 35 years, 12 while serving in the U.S. Army reaching the rank of Lieutenant Colonel, and later in private practice where he grew one of the largest single-doctor practices in the country. Although Ross is no longer practicing, he still considers himself a part of the dental and medical community. At heart, he’s really a small business owner, and, like many business owners, Ross was frustrated with the conventional financial system that seemed to benefit Wall Street but not the investors. Ross has replaced his transactional income of exchanging hours for dollars with passive income from his investments for his livelihood, and he wants to help others achieve the same goal. Ross has owned 40 or more single-family homes, written 2 books, one specifically on real estate investing. Ross is selling his homes, and he’s transitioning into commercial real estate investing, which includes self-storage, mobile home parks, office parks, a coffee farm in Panama, a resort in Belize, and multifamily apartment complexes.

Ross Stryker is the founder and CEO of Smart Asset Opportunities, which helps educate busy small business owners how to take charge of their own financial freedom and stop giving up control to those on Wall Street. He practiced dentistry and specialized in orthodontics for over 35 years, 12 while serving in the U.S. Army reaching the rank of Lieutenant Colonel, and later in private practice where he grew one of the largest single-doctor practices in the country. Although Ross is no longer practicing, he still considers himself a part of the dental and medical community. At heart, he’s really a small business owner, and, like many business owners, Ross was frustrated with the conventional financial system that seemed to benefit Wall Street but not the investors. Ross has replaced his transactional income of exchanging hours for dollars with passive income from his investments for his livelihood, and he wants to help others achieve the same goal. Ross has owned 40 or more single-family homes, written 2 books, one specifically on real estate investing. Ross is selling his homes, and he’s transitioning into commercial real estate investing, which includes self-storage, mobile home parks, office parks, a coffee farm in Panama, a resort in Belize, and multifamily apartment complexes.

191: How to Lose Money by Trusting Someone Else's Due Diligence with Ross Stryker

Eric Satz is the founder and CEO of <a href= "https://www.altoira.com/">AltoIRA</a>, and he’s a serial entrepreneur who has seen both wins and losses. Eric knows investing is no longer just for the wealthy, and he’s living out his mission of delivering 21st century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker and early stage investor with a passion for nurturing start-ups and raising capital. He teaches an entrepreneurship class to high school students in Nashville and served on the board of the Tennessee Valley Authority from 2015 to 2018. Through Alto IRA, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings.

Eric Satz is the founder and CEO of AltoIRA, and he’s a serial entrepreneur who has seen both wins and losses. Eric knows investing is no longer just for the wealthy, and he’s living out his mission of delivering 21st century investment opportunities to everyone, even non-accredited investors. Eric is a former investment banker and early stage investor with a passion for nurturing start-ups and raising capital. He teaches an entrepreneurship class to high school students in Nashville and served on the board of the Tennessee Valley Authority from 2015 to 2018. Through Alto IRA, Eric is making alternative asset investing available to all by giving people the support they need to choose and make their own investments using their IRA savings.

190: How to Lose Money by Building an Online Grocery Business Before Recession with Eric Satz

Brett Swarts is the CEO of <a href= "https://capitalgainstaxsolutions.com/">Capital Gains Tax Solutions</a>, and each year he equips hundreds of business professionals with a deferred sales trust tool to help their high net worth clients solve capital gains tax deferral limitations. His experience includes numerous deferred sales trusts, Delaware statutory trusts, 1031 exchanges, and 85 million in closed commercial real estate brokers transactions. He’s an active commercial real estate broker and an investor himself with experience and holdings in multifamily, senior housing, retail, medical, office, and mixed use properties. Brett is considered one of the most well-rounded capital gains deferral experts and informative speakers on the west coast. His audiences are challenged to lean in to multiple capital gains deferral strategies, create and develop a passive cashflow wealth plan, and execute on this plan so they can create and preserve more wealth.

Brett Swarts is the CEO of Capital Gains Tax Solutions, and each year he equips hundreds of business professionals with a deferred sales trust tool to help their high net worth clients solve capital gains tax deferral limitations. His experience includes numerous deferred sales trusts, Delaware statutory trusts, 1031 exchanges, and 85 million in closed commercial real estate brokers transactions. He’s an active commercial real estate broker and an investor himself with experience and holdings in multifamily, senior housing, retail, medical, office, and mixed use properties. Brett is considered one of the most well-rounded capital gains deferral experts and informative speakers on the west coast. His audiences are challenged to lean in to multiple capital gains deferral strategies, create and develop a passive cashflow wealth plan, and execute on this plan so they can create and preserve more wealth.

189: How to Lose Money by Drowning in Dumb Debt with Brett Swarts

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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