Wed, 31 December 2014
Geography and demographic patterns prove their importance in the discussions featured on today’s Young Wealth Show. Jason Hartman talks to Peter Zeihan, author of The Accidental Superpower, about the many factors which have affected the economic and social growth of America and several other vital world powers. They consider topics from China’s one-child policy, the comparative strength of the dollar and the how the future looks in terms of oil production and 3D printing.
01.37 – Geography is still a vital factor to a country’s progress and development, especially when it comes to transportation.
07.05 – The dollar is the only hard currency in the world that exists in sufficient volume to lubricate the global system. What if the printing press actually was an option?
09.25 – America’s commitment to free trade still has a huge impact on today’s world economy.
14.35 – All of the various financial crashes are happening for the same reasons and we need to learn from them.
17.30 – China is in such a difficult demographical situation that America’s social pressure for near-retirees seems like nothing.
19.30 – Boundaries and ideas are starting to change for retirees, but those staying on in work are still in the minority.
22.15 – The future of American oil production and usage could have totally transformed by this time next year.
24.54 – The impact of 3D printing on supply chains is just staggering, and it’s going to continue to shrink the industry.
30.28 – For more information, head to www.Zeihan.com and the book, The Accidental Superpower is available at any local bookstore and online.
Mentioned in this episode
The Accidental Superpower: The Next Generation of American Preeminence and the Coming Global Disorder by Peter Zeihan
Tue, 23 December 2014
Today’s interviewee is none other than Jason’s Aunt Joan, an incredibly successful real estate investor who, together with her husband, owns more than 70 single-family homes around the Sacramento, California area. ‘Old-School’ seems to be the buzz-word of choice, but Joan talks about how she got into real estate, why she still loves it and gives some great advice about property management and keeping your tenants on side.
1.12 – Jason Hartman asks his influential Aunt Joan about the beginning of her successful lifetime of real estate investing.
5.35 – Low-priced markets might look like the easy way in, but issues could mean big problems later.
12.56 – The Cyber Monday sale at www.JasonHartman.com is now on, with discounts of up to 40%.
19.59 – The information offered by Aunt Joan is available at www.SacRentals.com
26.00 – Be aware, both as an owner and a tenant, about who is paying the city utilities. Owners, flaky tenants could mean this is your responsibility.
39.05 – With tenant selection being so vital to success, you really need to master this in the early stages.
34.25 – One of the reasons that real estate retains such popularity is because it’s such a tangible thing.
Tue, 16 December 2014
Jason Hartman invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.
05.40 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped.
10.35 – A look at the options of how we can possibly dislodge the power of big business and government.
11.42 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy.
14.13 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you.
16.01 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us?
17.38 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer.
20.08 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see.
22.22 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org
Mentioned in this episode
The Big Rip-Off by Tim Carney
Obamanomics by Tim Carney
Wed, 10 December 2014
Today’s Young Wealth Show looks at one of the most successful entrepreneurial stories of recent decades. Jason Hartman invites Brian Smith, the founder and the brains behind UGG Boots to talk about the brand’s unassuming roots, the difficulties of the early years and the steps associated to selling a brand such as UGG. They also discuss many of the points raised in Brian’s upcoming book The Birth of a Brand, which applies an interesting new metaphor to the concept of brand identification and development.
02.19 – The founder of UGG Boots, Brian Smith, describes the brand’s humble beginnings.
06.45 – Experience can sometimes hold you back more than help you out – if you knew all of the obstacles in your way, would you ever start anything?
11.22 – Every image you give out to your target market sends out a message about your brand. Make sure it’s the right message.
15.26 – Understanding business means understanding that you can’t give birth to adults.
24.34 – You need to be able to answer 4 main questions for an investor to even consider taking you seriously.
27.15 – Never underestimate the power of product placement – it worked wonders for UGG Boots.
30.41 – In business, you have to understand which aspects you’re good at and enjoy, and which you don’t.
33.38 – For more information about Brian Smith, head to www.BrianSmithSpeaker.com
Mentioned in this episode
The Birth of a Brand: Launching Your Entrepreneurial Passion and Soul by Brian Smith
Direct download: YW_82_Brian_Smith_Founder_of_UGG_boots_The_Birth_of_a_Brand.mp3
Category:Young Wealth Show -- posted at: 3:22pm EDT
Wed, 12 November 2014
Christine Hassler comes on to the Young Wealth show to talk about disappointment and how that affects millennials. She is a professional speaker and considers herself a Gen Y expert. She is also an author and has recently published a new book called Expectation Hangover: Overcoming Disappointment in Work, Love, and Life, which both Jason and her discuss in detail.
3:45 – Christine's new book, Expectation Hangover, is for anybody who has been disappointed and wants to leverage it.
6:14 – Millennials are fantastic employees. They're fast learners, they have a can-do attitude, and they think outside of the box.
10:00 – A break up leads to a break down, which leads to a break through.
13:25 – Take a pause and accept your feelings, then you can work on releasing them.
16:30 – In order for things to change, things have to bad. Christine believes millennials will be able to fix the broken school system and reduce the amount of student debt everyone has.
18:45 – Be mindful of managing your expectations. Take the steps and have the vision, do what you can, but don't make your happiness and your worthiness dependent on the result.
21:00 – It's important to be optimistic about your life, but it's also important to not put your emotions into that optimism.
Mentioned In This Episode:
Tue, 4 November 2014
Today’s Young Wealth Show sees Jason Hartman talking to the author of Life Purpose Boot Camp, Eric Maisel about how we need to change our perception of meaning and anxiety in the creative world. Maisel’s atheist beliefs lead to a spirited exchanging of views, making today’s podcast informative and passionate.
02.50 – Eric Maisel’s movement is not about searching for meaning, but about creating meaning.
09.00 – It’s important to assess if your life as it is has meaning, but it’s more difficult to throw everything away because of that.
12.05 – Part of the anxiety problem is that 99% of performing artists get no feedback whatsoever.
14.00 – The key to reaching this more creative level really lies in the morning creativity practice.
22.08 – Religion still has a very strong societal hold on people and it can be this sense of community which makes it hardest to leave.
26.10 – Maisel claims we have two choices with the future of religion: perpetuate lies or be honest and see which side produces higher morality.
28.13 – For more information, head to www.EricMaisel.com, and if you’re interested in learning more about natural psychology, you can download a free copy of Maisel’s book Natural Psychology at www.NaturalPsychology.net
Thu, 30 October 2014
Justin Gilchrist guest appears on the Young Wealth show today. He is an expert in buying online businesses and is also the co-founder of Centurica - a company that helps customers with website assessment and due diligence. He shares some important insider tips to Jason and his listeners about what you need to look for when purchasing an online business for the very first time.
5:22 – For the most part, Justin wouldn't classify it as a business unless it's at least 1 year old.
8:00 – Justin looks carefully into how an online business generates traffic and where those searches come from directly. Good traffic should be spread out through organic, paid ads, and social media searches.
12:44 – Justin suggests different types of website businesses to his clients depending on the person and their technical background.
16:30 – Businesses sometimes do sketchy things with their revenue reporting and it's Justin's job to make sure you don't fall into a bad business purchase because of it.
20:00 – What Justin advises is to get all the necessary information together before you speak to his company. Does this website look too good to be true? Is it logical? Is the website consistent?
23:00 – Justin sometimes has to look for very, very technical problems that his clients might not know about. You have to check everything and to have the experience to know when something doesn't look right.
24:20 – Use leverage when it comes to buying a website. Most times you can change the terms of a deal to pay for a website slowly and overtime. This will prevent you from going out of pocket right away.
Mentioned In This Episode:
Thu, 23 October 2014
Mark Lack is the founder of The Peak Performance Club, which helps empower and encourage young adults to achieve greatness. He is also the author of the book Shorten The Gap – Shortcuts To Success and Happiness. Mark sits down with Jason today to talk about your mindset and how you can achieve the success you have always wanted by simply changing your outlook on life.
5:00 – Self-education is incredibly important. Always keep learning.
7:40 – Start developing yourself in every level of your life. Become the best version of yourself to find your true passion.
11:50 – Your identity is a big part of how you hold yourself. Create a new identity of the person you want to be and pretend to be this character. Who is the person you want to be?
16:45 – What are the types of questions you ask yourself when problems arise? When you wake up ask yourself what you're grateful for.
20:15 – The 'powers that be' won't give you what you want if you don't see what you're grateful for.
22:00 – We are always selling so always asking the important questions will help grab the attention of your audience.
Mentioned In This Episode:
Shorten The Gap by Mark Lack
Money Love by Jerry Gillies
Chicken Soup for the Soul Years by Mark Victor Hansen
Wed, 15 October 2014
Zac Bissonnette is an author of several different books and is recently coming out with a new one called, “Good Advice From Bad People.” Today he sits down with Jason to give you a little insight about what you can learn from the book as well as talk about some of the problems with expensive colleges. Join Jason today and learn a couple of things about Lance Armstrong, Donald Trump, and more.
3:00 – When we know nothing about a person/celebrity, make them our role model, and when they fall, we look back and wonder why they were considered a hero in the first place.
5:10 – Dick Fuld said, “When you know what you're talking about, others will follow you because they're safe to follow you.” A few years later Fuld lead the largest bankruptcy in US history.
6:12 – There's very little accountability in Wall Street.
6:30 – One of Zac's favorite financial failures is Donald Trump.
9:30 – There's a leaked video from Jim Cramer bragging about how stupid SEC is and pretty much giving a finger to investors.
10:40 – Jim Cramer is on television too often to actually know anything. The research is being done by someone else.
13:45 – OJ Simpson said, “The day you take complete responsibility for yourself, the day you stop making any excuses, that's the day you start to the top.”
Wed, 17 September 2014
On today’s Young Wealth Show, Jason Hartman talks with author, Grant Cardone, about philosophies to live by, getting where you want to be and the importance of who you know. One of Cardone’s latest books, The 10X Rule, poses some interesting points about the fundamental ways in which we go about our daily lives.
02.30 – You can totally change your life by living by the mantra: Commit first, figure the rest out later.
06.00 – Constructing a business plan for a totally new business can simply be a waste of time because there’s no way you could plan for everything that could come up.
07.50 – When it comes to setting targets, you need to push yourself. Setting ‘realistic goals’ often ends up in a loss of excitement for your work. The 10X Rule is about thinking beyond and re-inspiring people.
09.50 – Don’t be put off by ‘ridiculous’. One target can be just as ridiculous as another: why write a business plan for $1 million when you can write one for $10 million?
12.00 – Grant Cardone’s upcoming book deals with issues about the middle class, including whether it even exists.
15.30 – With both sides crushing the middle class, the only option is to get rich, and you can do it.
16.00 – Never underestimate the power of saying ‘yes’ to things, and where that can take you.
17.30 – Our culture of not taking risks – even of just not talking to strangers – is the riskiest situation we could put ourselves in. What we lose from not taking risks is extensive.
18.00 – If it’s true that your income is the average of the 5 people you spend most time with, you can only expand yourself if you meet new people.
19.45 – The people you know right now won’t change your life. Meet new people, they’ll change your life tomorrow.
21.00 – Make a list of who you need to meet who can change your life.
23.50 – If you’re already kidding yourself about having just a couple of areas of your life being great, stop and make everything great. Make everything 10X.
24.50 – To get what you want, every day you have to do things you don’t want to do. You’ll set yourself apart as being one of the few who does what is necessary to get the job done.
26.30 – Information can be found about Grant Cardone’s work at www.tiredofmissingsales.com, www.cardoneuniversity.com, on his YouTube channel, through typing his name into Google, or through following him on Twitter @GrantCardone.
Full Transcript at http://jasonhartmanfoundation.org/articles/young-wealth-show/