What steps can you take today to make sure that your money is safe, is generating profit, and is available to be passed down to the next generation? On this episode of the Investor Financing Podcast, Beau interviews investor and wealth coach Jack Gibson about how to create indestructible, recession-proof wealth in five clear stages.
Jack tells Beau how he got started in business and the mistakes that he made along the way that cost him. Jack lays out the five steps of the Indestructible Wealth framework, which focus on first getting yourself ready for success, then creating a profitable business and then taking the money from that business and investing it in diverse assets. Beau and Jack discuss their real estate investments and what the real estate market looks like today compared to during the 2008 crash.
This episode of Investor Financing Podcast is a great grounding in making your money work for you and is a brilliant resource for anyone who’s looking to improve their investment portfolio. If you enjoyed it, please rate and review the Investor Financing Podcast and don’t forget to subscribe.
Timestamps [0:20] Beau introduce Jack and explains his real estate credentials [1:54] How did Jack get started as a college entrepreneur? [4:55] What did Jack do with the money he made? [6:06] Getting into the real estate market [7:03] “I think it’s still a great place to park money in:” Comparing the real estate market now to how it was in 2008 [9:24] Jack tells the story of why he created My Indestructible Wealth [10:58] Jack’s MLM business and the benefits of working for an MLM [15:26] How Jack’s process helps you to accelerate your wealth creation [17:07] Stage #1: Invest in yourself and your mindset [17:56] Stage #2: Invest in starting a cashflow-building business [19:43] Stage #3: Invest the difference and diversify your portfolio [22:04] Is 21 streams of income too many? Balancing out a diverse investment portfolio [25:22] Jack’s overarching investment goals [26:30] Jack’s results-oriented daily routine [28:26] “Influence is the new digital currency” [30:42] Using your money to become who you want to be [32:03] Stage #4: Get into early-stage investing [34:10] Stage #5: Start giving back [35:35] The different milestones of wealth creation [37:42] Beau’s thoughts on Jack’s Indestructible Wealth framework [39:00] “It’s really getting tougher now:” Jack’s C-class properties and his move into the short-term rentals market [40:40] Where to go to find out more about Jack
Highlight Quote “If you look at how most people invest, it's typically by tactics. So in other words, “Okay, what stock am I going to buy?” I'm deciding between purchasing all these different property options, or all these different choices that are considered tactical, which is really important. But beyond that, you need to have a greater overarching strategy to do a wealth building process.” (Jack Gibson, Investor Financing Podcast, 15:43 - 16:06)
Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/meeting
Did you know I had an email newsletter? I do! And you can join for free and get all my updates, including notifications when I publish a new video. Sound good? Click here - https://sendfox.com/investorfinancingpodcast
💥 Thanks for watching 💥 #MultifamilyInvesting #PropertyManagement
_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending. _________________________________________________________________________________________________
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
