17: How to Lose Money by Trusting the Wrong People with Brian Fouts

Ben Kahle 0 Comments

Brian Fouts, CEO of The Elevation Group, and his brother had a real estate project sourced by someone they considered a trusted source. The deal didn’t look much different than all the others they had done. They were excited, and they closed on it within a week, moving very fast to take advantage of a hot market. Little did they …

16: How to Lose Money as a Newbie Investor with John Collins

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John Collins, business developer for GetRichEducation.com, entered his first investment in his mid-thirties, after attending an investing summit on a cruise ship. In the span of just one year, he spread himself far too thin and had to offload just about everything he’d taken on. Here’s how it happened. Note: John recommended blinkist.com and Kindle Unlimited as excellent reading resources. …

12: How to Lose Money in Mobile Home Parks with Gino Barbaro

Ben Kahle 0 Comments

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.” Green Flag: …

11: How to Lose Money Chasing Shiny Objects with Clayton Morris

Ben Kahle

Back in the day, farmers’ nearest neighbors were four miles away. Now we’ve got instant everything, and we can see exactly who is making money on what right away. There’s a natural tendency to chase those same practices, especially when people tell you that you can make money off them. In today’s episode, you’ll hear the story of Clayton Morris, …

10: Losing Money by Investing in Independent Films with Scott Anderson

Ben Kahle

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 …

9: How to Lose Money in a Real Estate Project that Imploded with Warren Taryle

Ben Kahle

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. …