A lot of people have been asking me about my thoughts on the Bevel sale to Proctor and Gamble….

Anyone who knows me knows that I am super pro ownership and generational wealth. I believe we need to build assets or buy assets and keep them forever, forever ever. I think this is why so many people are asking my opinion on the Bevel sale. Here is my take.

Indifference

On one hand, I am grateful that he built a business that was worthy of being looked at and acquired by a company like Proctor and Gamble in the first place because that is one thing people will say is not possible.  On the other hand, I think that despite the economic troubles Bevel has, which will be discussed later, I think its best to get over that hurdle yourself and capture the economic benefit in your community for your community.  I am not in favor of selling but I will support the brother in his decision.  It is great news nonetheless.

Don’t be a crab

I think that one thing our community tends to do is look at something great and then find reasons to hate.  I saw this when Tyler Perry paid off $400,000 in layaway and then Tone Talks and Yvette swooped in to talk about him not paying people enough.  We tend to always criticize people who do something under the guise that they didn’t do enough, meanwhile all Tone Talks and them do is make videos and they never actually build anything.  I think that is just a version of crabbing.

I don’t want to crab out Tyler and I don’t want to crab out Tristan.  Crabbing keeps you down.  Promoting others elevates you.  You can’t build your own mega company by bashing how someone decides to exit theirs. All we can do is support and do things our way.  I choose to support his decision not criticize it from the sidelines.

Many people think that he should have kept the company but that is a lot easier to say from the outside.  The Bevel sale is completely unlike the Carol’s Daughter sale in that Bevel is not a strong cash flowing business.  Bevel is not letting the community down.  They are actually elevating it.  What they managed to do is what a lot of black businesses aspire toward.  Instead of finding the flaws lets find a reason to celebrate.

The sale could make the company more accessible

The problem with Bevel is that they aren’t yet profitable and they aren’t even that successful. What we see is the image of success not actual success.

Bevel lacks the distribution of a big brand which is exactly what Proctor can and will do for them.  They will take an online brand and put them in every Target, Wal Mart and Sally’s.  This is something Bevel would have struggled to do on their own.

In doing this they then allow the company to be truly successful not just Instagram successful and your fam can’t eat Instagram success. In the sense of distribution this was a smart move for Tristan.

Economies of scale will make the product less expensive

Most of Bevel’s products are too expensive for the average consumer.  Their trimmers cost more than twice that of an Andis clipper and their shaving kit is well outside of the reach of their target market.  The concept is great, the execution not so much.  What we are celebrating isn’t the profitability but really just the existence of what is.

Bevel should be in every barber shop but barbers can’t make sense of paying twice for clippers even if the product is more durable and is sharper.  In theory they should but in practice they don’t.  This is because the product is not competitive in the market.  The partnership with P&G will finally make them competitive in the market which will then earn them market share that they deserve.

More revenue with less expenses make the business profitable

One of my favorite Warren Buffet quotes that most people have never even heard is that you should never sell a profitable business for money.  Instead you should just keep the business and keep the cash flow.  A lot of times people will sell their business only to be left holding a bag of money that loses value every year against inflation.  They then must put that money to work and many don’t have the skills to do that. Selling a business for money is a losing proposition.

The problem is that Bevel is not profitable.  So this rule is not applicable.

One thing I realized about the “sale” to P&G is that they never disclosed the price.  I don’t think it sold for much because the way business valuations work is they are based on a multiple of your profit.  Since Bevel has none, the valuation is likely a lot smaller that they would like to publicize.

So right now Bevel isn’t the company that we think it is.  They get talked about a lot but they aren’t making money.  Its one thing to not make money and be largely accepted (Amazon), its another to not make money and people don’t even use your product.  The partnership with PG will allow them to cut prices, market to the masses, distribute to the masses and get their product in more hands.  By doing this they can then decide to raise prices if they so decide but being the premium brand can only carry you so far.  Eventually you have to build a Model 3 (Tesla).

In conclusion. I am impartial. I think that it would have been great to see him keep the company and its great to see him able to sell the company.  I think we should support him either way.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

 

Go to school, get a good job and start a business on top of that job

I was sitting here chilling minding my business on the IG when someone brought me an opportunity that could infuse more than half a million into our business.  Do you know how much we could own in Detroit or any hood with half a million dollars? That isn’t the point of this post but it definitely relates to this post. I will address this and how it relates to the title at the end.

When I was thinking about what to write today I knew that I needed to write about starting a business on top of your job.  This year, my business allowed me to double my salary.  As I was pulling into the breakfast place I realized two things, 1) having a job is essential to running my business and 2) the person that said I can’t run a business and have a job was an idiot. Lets discuss both of these ideas because these are some of the most common objectives to employee-entrepreneurship.

Rule number 1 is by far the most important for multiple reasons.  These days, in California you can’t just work a regular 9-5 and expect to survive.  I know Jay said 9-5 is how you survive but not in California.  9-5 will have you homeless in this state.  This rule is important because having a 9-5 lets you build the business for the business sake not for the income that the business can generate. It is also important because once the business is fully functioning you can then use that income to supplement your working income or completely replace it.  You will pay off your student loans with the business you build not the hours you work. 

To build a good business you have to price things well, work for free and invest all your earnings back into your business.  Your business needs touches not transactions in the beginning.  This will grow your brand.  If your brand is too expensive then you limit the people who will touch it which limits the people who can talk about it.  This is why the business that gives value and then asks for value on the back end has a much greater chance of success than the business that wants money and wants money now.  I have tried both, trust me on this.  Having a job gives you the baseline which then allows you to grow the brand, the brand brings in the money not the business.

Unfortunately, in life, a lot of us just do part of rule number one and we get a job.  We are told to go to school and get a good job and that’s it, we never hear about the business part.  If we are smart enough to think entrepreneurship we find all the excuses because that wasn’t part of the mantra we were sold growing up.

We then complain that we lack the time to run a business or we complain that there are conflicts of interest or silly rules that would prevent this business.  This is nonsense.  Entrepreneurs find a way.  It is  your duty to max out how much you can make for your family even if that comes outside of the job.  This might require you to set up corporate entities, holding companies, shell companies, enter JVs etc, but you must get to the money.  Your financial obligations are to your family not to  your employer.  Use them just like the job uses you. This might also mean you need a new job even if it has lower pay if it gives you the freedom to build.

One thing I did not like about banking or investment work is they limit your outside business activities.  These people can’t even invest in a club and if they do invest there are rules on how long they have to hold a company and when they can sell it.  Sounds like slavery to me.  No thanks.  I would rather put my energy into building the company my kids can inherit than the one I can’t even get them a job at down the line (see the Dame Dash interview).

Rule number 2 is a myth that needs to die.  So many people think they can’t run a business because they have a job and this is just lazy speak.  Many of these people take full weekends, chill and watch tv at night and then complain that they lack time.  You can’t lack time and waste time.  That doesn’t add up to me.  It does not make sense.

First you must know that building a business and running it are not as time consuming as you may think.  You can respond to emails while at work, you can return calls at lunch, you can set meeting for lunch and after hours just like business people do all the time.  How do you think business people do business with other business people? They do it at dinner and at lunch or weekends on the golf course.

One of the reasons people lose is they think that money making hours are 9-5 and not all the time.  If you want to make part time money work part time, if you want to make full time money work full time, if you want to make all the time money, work all of the time.  Every second of every day is time to make money for the entrepreneur.  My business is always making money. That is the key to true freedom and wealth.  If you spend money all the time you should make money all the time.  I make money on holidays, I make money on vacation, I make money while I am making money.  That is what you need to be doing as well. That is why having the business and the job is so key.  The business is the hedge.  The job is a fake safe bet that will lull you to sleep if you aren’t careful.

It takes a huge mind shift though.  The rich and successful do not work for money.  You have to detach yourself from the think that working means money and that money means work.  Once you do this you can step into abundance. But remember that most of the ideas discussed here are not widely accepted so people are going to argue with you.  Don’t waste time trying to convince them.  Execute in their face. If they don’t have what you want you shouldn’t be listening to their advice in the first place.

Back to the story in the beginning.  The importance of that story is that you need to get started on your business no matter how small your business is.  There are people watching and opportunities that are waiting to flock toward you if you just get going and put yourself out there.  Don’t despise small beginnings, despise never getting started.  The more you run your business the better your business will get.  You don’t need all the answers and you don’t need to see all the steps but you do need to be willing to take the first steps toward wealth.  As you are walking you will improve and as you improve so will the opportunities that come toward you.  You will never get the opportunities you want sitting there waiting though.   

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

 

A paycheck mindset

One of the things that keeps people from being successful in business has nothing to do with whether the business can sell a product.  It has nothing to do with not having funding or access to capital.  It has EVERYTHING to do with your mindset.

One issue I have experienced in working with our partners is they don’t understand that business ownership and property ownership is completely different than working your 9-5.  It feels the same because money comes in and money goes out, but the two are completely different.  Let me explain.

Last month we paid about $2000 in repairs.  We had to fix the roof, we had to fix two plumbing issues, we had to fix a window and we had to fix some electrical issues.  Those tenants kept us moving.  How did we do this when the average wage earner couldn’t fund a $400 emergency? We did it because we had reserves. You must always have reserves, more reserves than you think you need.  A business without reserves will soon not be in business.

Switching lanes a little I was watching the Boyce Watkins talk about Tyler Perry and he made mention of how Tyler was on the cover of some magazine as the highest earning person in Hollywood at 180 million.  Tyler said he hated people knowing how much money he makes because people weren’t aware of how much it costs to make that much money. He said that he had to pay millions to maintain his business so the top line number can be misleading.  He said that most people who see what he makes think from a paycheck mentality and not a business owner mentality. They think that 180MM means he has no expenses, no investments, no deals.  The same is true about how people misunderstand business valuations and how they perceive net worth.  Bezos is worth billions, he does not have a billion dollars in his bank account.  Wealth and income are completely different and I need people to grasp this if we are going to actually compete in the wealth race.  Its deeper than money to buy things.

Another example of this paycheck mentality are professional athletes. I believe that athletes need to prepare for retirement just like a typical wage earner and treat their working income as the basis upon which they will retire.  My strategy is to take that total income and divide it by their life expectancy and that is how much they should life off of.  Again, 75% of NFL athletes are broke years after they leave the league.

Paycheck mentality: The paycheck mentality is the mentality that you can spend everything that you make, aka the mentality that what you earn must be spent. This is what employees do, this is why employees remain employees.

Business owners have no consistent paycheck, money and sales are not guaranteed. Just because you have money doesn’t mean you get to spend it as a business owner because the bills keep coming even if the money doesn’t.

So what am I saying here? I am saying that the paycheck mentality will kill your business. If you are steadily in a rush to pull money out the business you will ruin your business.  Because a business needs capital to continue to thrive and capital is not guaranteed like your paycheck.

We as a people have to get out of this see it spend it mentality.  That is how you lose everything.  Right now we are heading into a recession and when we walk into a recession what happens is tenants stop paying rent because tenants lose jobs.  There are going to be a lot of BRRR happy investors that are going to be unhappy when this happens.  There are going to be a bunch of apartment syndicators that are not going to be happy.  Those of us with the foresight though, we are going to be eating.  They are getting fat now but we finna be eating.

You can’t be the person eating when they lose if you eating when they are eating.  This is part of the contrarian thinking that I subscribe to.  I was listening to the Patriece Washington podcast and I believe that the only reason she lost was because times were good and she was spending like they were good.  When times are good you need to stash folks, period. Thats all I gotta say about this. Peace.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

Todd Capital Monday “Manic Monday” Market Update, by Dir. Jamaal Vetose

Greetings Members,

And a very Happy Manic Monday to you all. You know when I named this email “Manic Monday” I didn’t know how accurate it would grow to become. It seems like all year all -for the most part- on Mondays when I email the memberships it’s always Manic movement going on in the market. Whether that be positive or negative, it’s always a very Manic market scene taking place. And in the last 60 days in particularly this has been 70% mostly negative. Global political unrest and uncertainty has definitely made this more of a frequent occurrence. And who knows how this will carry over into 2019.

My gut instincts tells me, that in the early months of the 2019 trading year it will still be plenty of volatility to manage within the market. Especially once the earnings start to emerge from the holiday season spending which will be a reflection of consumer confidence. We will need to be more diligent in our effort than we have ever been before in order to avoid getting back into the market too soon and allowing our emotions to sway us from potential profitable investment just because the market has beaten it down unfairly. But I believe that our collectively brain trust will be mightily up to the challenge.

Economic News

American Credit Card Household Debt Higher

The average American household carries roughly $7,000 in revolving credit card debt. That’s just the average number which means there are households with much less but also families with MUCH MORE!!! Revolving debt is defined as a balance that is carried from one month to the next incurring interest and finance charges making the amount consumers owe or paid for an item more. Month-to-month credit card balances increased to $420 billion this year. That’s roughly 5% more than Americans were carrying last year. Meanwhile wages have been nominal at best.

I wanted to touch base on this because I feel like we’re more than just an investment club or a real estate club, we are a club that is about the full financial literacy and economic health of the community. And that requires informing and counseling people on a variety of different aspects of finance.

I understand that expenses are rising faster than wages but I suggest not filling in the gap with credit cards. Even if you have 0% interest rate that is likely a introductory rate that will interest and even if you have the best credit score a 3-6% interest on any outstanding balance can add up quick. It is far more, if you can manage it, to cut expenses drastically and avoid using credit cards charges. Surveys show that 9% of American think they will never been Credit Card debt free. I want all of our members to avoid that anxiety if possible.

Membership News

  • This week we will be having our monthly conference call on Wednesday 9pm eastern standard time. We will be discussing the upcoming investing cycle for 2019 as a result of the survey results. In addition to new standard operating procedures that will be implementing coming in January. We will also touch base on digital platforms that’s we’re using and how to make sure everyone is up to date on access
  • Reminder that starting in January, I will be taking over for Charles as the President Of operations handling the day to day concerns and overall view of the company. Charles will still remind the Executive Director of Todd Capital but as our ranks have grown the club’s respective divisions need more streamlined focus and leadership.

Information from this weekly email is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for analysis purposes only. Be sure to understand all risks involved with each strategy, before attempting to place any trade.

Per usual hope you all have a great and prosperous week and an even better investment week. Will talk to you soon!!

IMG_4254.JPG

Jamaal W Vetose

Todd Capital Investments

Director of Research & Analysis

443-903-5162

Strategic ownership not just ROI and Cash on Cash

I hate listening to music. Especially on a long commute.  If I have to drive for more than fifteen minutes I am usually throwing on a podcast or audio book but I’m not going to listen to an hour of Drake songs I have heard a million times just to pass the time.

Last night as I was driving into Orange County from LAX I threw on the Best Ever Real Estate Investing Podcast. This was a podcast I was really heavy into when I was learning the game but because they post daily I have fallen behind.  I threw on a newer episode knowing that even if I wasn’t listening 100% I would still pull out some gems.

What he said was something I knew just hadn’t been able to put words to.  In this investing space, thanks to podcasts and online courses there are a lot of people who think they know investing and want to question the people that KNOW investing. There are pros and cons to this because most of them are thinking with their money brain and not with their wealthy brain.  These are typically people who are unsatisfied with their jobs that want to get more money to buy things.  Because they think money and not wealth they can kill a long term thing with short term think and lowkey people kill things that would be great long term with short term think everyday.  People kill of relationships and marriages with short term think with the idea that their mate will never change or that tough times can’t improve.  Also, look at the guys who kill off their start ups by pulling money too soon or the people who go belly up in real estate because they cashed out on their gains instead of re investing, the same might be able to be said about the bitcoin boom and bust; but back to the podcast.

What he said was this ‘the biggest aspect of real estate investing is the strategic acquisition of pieces on the monopoly board not just the sexy stuff you hear people quote like ROI and cash on cash’.  He went on to talk about the property he bought next to his current home that he is going to use as housing for his employees.  His goal was to not just own a home here or there but to start lining up properties to strategically benefit him. This has no monetary value but it is huge on the power move scale.

I am the same way. There are properties that I look at which can not only serve as rental properties for tenants but also as a residence for our people when they are in the city.  We could hold on to the basement or split the garage that has a separate access and create two properties out of one or as Jay Morrison says, kill two birds one stone. Most people don’t think like this.

We give up so much of these homes but we need to focus on what we can partition off to keep for ourselves.  A lot of people don’t think like this so it will be hard getting people to see your vision, especially those people who do work on homes so they think they have all the answers regarding what works on homes. Another power move not just ROI concept is owning multiple homes on the same street not just in the same zip code.  Most areas are “block by block” and this is because some smart guy did what I am trying to do.  He saw the power of owning the market not just owning one home on the market.  That is the power that supersedes the ROI and cash on cash.

When you own the block you determine the tenants/residents which means you determine if there will be crime or not. This is a lot better than protesting.  When you own the block or street you determine the rents.  This is a lot better than voting for rent control.  When you own the block or street you can put up gates and guards.  This is a lot better than complaining about over policing.  When you own the block or the street the police and the city work for you not the other way around.  That is true power.  The power to make things move as Nipsey would say.

See I don’t just want to make money.  If that was the goal we could do other things for that. I want to change things. Which ultimately brings money. When you do good things for people the universe pays you back in buckets.  When you look out for me me me, you end up like the people who lost everything in 2009.  Don’t just make a dollar make a difference. 

The biggest reason for this post is to push the concept of long term ownership as a power move not just a quick fast money move.  The list of wealthy people in america are owners not sellers, the number is net worth which is what you own less what you owe not how much cash you have in the bank.  What you own is an indicator of what you control.  Most people struggle because they control nothing and are pawns and victims.  See how its bigger than money? Ownership is more important than money.

Remember, wealth is more than the power to buy things wealth is power in and of itself.  Real estate ownership is more than the power to cashflow, real estate ownership is power in and of itself.  When you own people come to you, when you rent you have to go to them.  Ownership and choosing yourself are basically synonyms. 

Too many of us think about business and real estate ownership as employees where we can just spend spend because money will just come back to us. That isn’t how business and investing works.  When you are an investor you have cycles and you protect yourselves from those cycles by keeping cash on hand.  These days we have gotten kind of good at doing both but we would probably be a head of the game if we just funneled our distributions into more doors.

Because we have to please those people that want their ROI and who want a predictable date upon which the ROI will be delivered this can stunt the business.  There is nothing guaranteed about investing and there is nothing predictable about business ownership, that is why most people don’t do it (people trade wealth for guarantees and predictability everyday b).  That said, if you decide to step into these arenas you have to understand how the game is played and embrace the game not try to fit the game into your paradigm.

So we have to stop thinking in terms of buzz words like ARV and ROI and NOI and blah blah blah and just start making moves that make sense. Then after we make those moves we have to let them marinate.  You can’t obtain wealth and invest with the now now now thinking of an employee.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

 

Don’t focus on the overall stock market, focus on individual companies

The market has currently been tanking.  It is amazing to see.  Every morning I wake up to notification about great companies getting hammered, some deserve it and some don’t.  When companies fall so does the index and what we get in the headlines is that the Dow fell or the S and P fell.  All of this to scare people out of the market and onto the sidelines.

When there is blood on the streets that is when I rush in.  I have been sitting in cash during this entire crash because things were doing too good that I didn’t see any deals.  Well now there is nothing but deals and I have a ton of money to make gobbling them up.  Here are some of my ideas in making money during this market.

Don’t buy the index buy the company

I am a fundamental investor. This means that I focus on buying companies not buying charts. This means that I care about brand, brand growth, quality of product, sales, revenue, profits all of the things that actually matter to a company.  Sometimes the market doesn’t care about those things.

This crash we are seeing has almost nothing to do with the fundamentals of these companies.  This creates an opportunity to buy mispriced assets.

Why? Because now these companies are undervalued.

I told people that the market was overvalued for a long time.  Companies like Amazon and Netflix and Apple had gotten ahead of their intrinsic value.  See investing is logical and sometimes the problem with winning is you start thinking YOU did it.  We watched Amazon and Netflix run up and cheered it on meanwhile I KNEW I didn’t make some genius prediction.  I got worried, I didn’t celebrate, I took profits OFF the table and saw the market tumble.

Twitter

A long time ago I sold TWTR ahead of a huge decline.  I was asked how I knew it was coming and the answer was that I didn’t know I just knew the price of the stock didn’t match the intrinsic value of the stock.  Sometimes you just have a gut feeling.  Before this stock crash I didn’t know when it would happen I just knew that I didn’t like where things were.

Buy the company

So the key here is that while stocks are falling your job is to find good companies that are getting hit by association.  The entire market is falling but not all companies are overvalued, not all companies are struggling.

Find the TSLA, the HABT, the CMG even the AMZN and APPL and stock up on low priced assets.  If these companies fall, buy more.  The name of the game is buy low and now is the buy low time.  Buy low is usually when there is blood in the streets not when there is a party going on.  We watched the party. People bought the party and now they are losing big time. They must not read my blog.  I told you AMZN and NFLX were due for a correction.

Well don’t rationalize what I am saying here with your mind, just take action and make it happen with my understanding.  It boggles my mind sometimes the push back that I get from people who don’t have my credentials, licenses or work experience.  If you understood what I understood you would have the same credentials.

You need to be on the hunt now, buying up everything.  Don’t worry about if it makes sense to you just follow my lead.  I haven’t failed you yet.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

 

A ‘so what’ mentality

This morning I logged onto facebook to catch up on my dose of news on oppression and white man blame.  I was met with an article on the disparity between black and white children who know how to swim and black and white children who don’t.  The conclusion on the article was that segregation blocked access to pools which then kept black children from learning how to swim.  My response to the article was “don’t you all ever get tired of blaming racism and white people for everything?”

I don’t know why it is this way but there is something about Eric Thomas that resonates with me.  He has this no nonsense, no excuse mentality that I always need to kick me in the rear end before I start my day.  This morning I was listening to a post about “manning up”.  He always talks about how he didn’t have a father and his mother was a teenage mother but his response was basically ‘so what’.  He still pushed himself to become one of the greatest motivational speakers ever and his charge for you is to have the same mentality “so what”.

Your ancestors had it rough. So what.  The system doesn’t want you to win.  So what.  We need to adopt a so what mentality across the board in pursuit of victory. No matter the issue, no matter the excuse, no matter the good reason, so what.  This so what mentality will have you working nights, weekends, holidays and avoiding vacations.  This so what mentality will impose the sacrifice that the excuse mentality does not.  We live a convenient and comfortable lifestyle where we fit in work around life and fit in paying for the right things around paying for luxuries.  That doesn’t require sacrifice but doesn’t yield success and then we wonder why we don’t have success. 

See, nobody cares about your excuses or good reasons.  Part of that is because they put you in that condition in the first place.  You are losing because they put in place a strategy to defeat you and you think you are making progress by bringing awareness to the fact that they beat you (I’m sure they know this) or bringing awareness to your THEORIES on how they beat  you (they know how they beat you and they know how they did it a lot better than your guess work).

The people that win in America, despite their race, adopt the mentality of so what.  No excuses only results.  This applies to everything.  Your wife left you? So what. Your job fired you? So what. The list goes on and on.

The important piece is the mentality shift that is required to feel struggle, to feel defeat, to have the reason to quit but still press on.  This is similar to running a marathon or 5k.  When you are running long distance you will feel pain.  You will feel tired, but you keep running.  You don’t stop running and say “well my leg hurt” or “its cold out here”.

A lot of us are talking about the elements instead of sprinting through them and then wonder why we aren’t crossing the finish line.  A lot of us aren’t even feeling the elements, we are just talking about the possibility of being out of breath and out in the cold as we sit on the couch watching dancing with the stars.  That is some weak stuff.

If we want to win the marathon of wealth we must press on despite the all the hurts, pains, good reasons, studies, think pieces, protests, injustices, youtube videos, debates etc. Progress must be the path anything else is just a distraction.

I want to let you in on a secret.  Running through the difficulties of life is only difficult when  you aren’t willing to run. Once  you get out there you realize that the things you thought were a bid deal aren’t and the things that you thought were going to hold you back don’t.  You will be winning in no time and you not only will be over those hurdles you will be a master hurdler springing over them. No more victim stuff. Get off the victim sideline and do work.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

The diversification of life: 3 things I learned after a year of going 10X

This weekend someone told me that I took the book 10X Rule and ran with it.  I don’t know if that was a compliment or not but thanks brother!

The 10X rule changed my life and it did that because it demystified success in sales and business for me.  Early in my life I struggled with sales and hitting my numbers and I thought it was a personality thing.  Turns out it wasn’t that.  It was the fact that I wasn’t putting in enough reps and not just enough I wasn’t putting in 10X the reps.

What is 10X?  The 10X rule states that to achieve massive success you have to set goals 10 times what you think you can hit and you have to do 10 times the actions that you think you need to take.  Whatever your financial goal is, add a zero and now you are operating in 10X.  You will know you are operating at 10X when you start creating new problems and when start getting warnings from other people.

What you will realize is that in a lot of ways we place limits on ourselves. 10X pushes you well past those limits into a realm that most people can only dream of, that is when you can deem yourself successful.

Here are some things I learned form the book

10X Means you have success and failure at the same time 

The most exciting thing to me about 10X was on the days that I had bad news.  Back in the day bad news meant that my only news for the day was that bad news because I was a 1Xer.  My success was dependent upon the success of that 1X.  These days since I have multiple balls in the air I will get great news and bad news and sometimes I will even get more good news than that bad news.  This is exactly what diversification does in the stock market. This is why I call 10X the diversification of life.  The more things you have going on the more likely you are to always be winning in some form.  The more things you have going you ensure success from any stream.  You become almost like a hedge fund of life.

In the stock market, you buy multiple stocks (hedge) because you want the ability to not lose completely if one stock falls.  The difference between life and the stock market is that there is no finite amount of resources you can allocate toward life.  In stocks your gains can be depleted because you couldn’t invest all money in one winner but in life you can go all in all over the place so when you hit you really hit.  This brings me to my next point.

10X means you can layer success

When you have a lot of things going you can also win in different areas at the same time.  This is one of my favorite things.  I love when my business is popping, my stocks, my real estate is popping and my working income, overtime and side income are popping all at the same time.

When I was younger I only relied on my working income.  The days I walked into the office and got fired I became a 100% loser.  These days even if I lose my job I have other streams to catch me.  Part of this was a form of self employment insurance that I put in place to protect me from the helplessness I felt during those periods in my life another part of it is just the power of 10X.

There were days this year that my stocks, in one day, made more than I would make the whole month working. Talk about feeling empowered. There are things you don’t put up with when you don’t NEED the job.  10X is empowering.  10X puts the power in YOUR hands.

Another form of layering success is just adding more products to your portfolio.  For the majority of the year I did LLCs and only LLCs.  When I started to include consulting and coaching and books and courses I would then have multiple products selling at the same time.  This is what 10X does as well.  Everything gets 10Xed even the product offering.  Offer more products and something is bound to connect with your customers.

10X is exhausting but 10X is the only way to guarantee you always have the registered ringing and always have some form of success hitting each day.

When you 10X you layer success and when you layer success you always have success. That is a good life.

10X Will create enemies

When you take a lot of action you create a lot of envy.  This isn’t a bad thing this is a life thing.  People who are losing just don’t like winners.  I encourage you to embrace it.

What I learned is that every enemy I made turned me into a better business person.  As egotistical as I am I still make mistakes.  The thing is for me mistakes aren’t fatal.  If I ruin a relationship I don’t mope around about that ruined relationship, I take more action, create more content and create more products.  As my business mentor has shown me over and over ‘one monkey doesn’t stop the show’.  Never let anyone, no matter how successful they are and how helpful they are to your business think they alone control your destiny.  That is the complete opposite of the choose  yourself economy.

Every enemy I create has steered my ship and allowed me to level up further.  Don’t take less action in fear of hurting peoples feelings or rubbing them the wrong way.  Don’t take less action in fear of making mistakes.  Those things are there to help you improve so you can polish the final product.

If you think we are done just because we had an okay year in 2018 think again.  2019 we are layering more success and creating more enemies.  See you at the top!

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

Invest through the uncertainty

Right now we are sitting in the midst of a lot of uncertainty.  People have seen the stock market rocket to meteoric highs and they are scared. These people have pulled their money out of the market and are now sitting in cash.  I was one of those people.  I am one of those people.

One thing I have found though is that you don’t time the market.  You also don’t know what the market is going to do.  I want to encourage you to invest through this uncertainty instead of sitting on the sideline waiting for it to end.

Overall market trend is always up

If you have ever looked at a stock market chart over the long term you will see that no matter what happens, the stock market tends to drift up.  Another thing you will notice is that big crashes in the moment are small blips in the grand scheme of long term investing.

What does this mean? This means that over the long term your investment will win.  It also means that what you are avoiding by not investing either wont ever happen or will happen and in the long game wont be as big of a deal as you are expecting.

Don’t set it and forget it

When you are investing through the struggle I want to encourage you to keep investing. A lot of us want to buy something and be done with it.  This isn’t how you do it though. You need to buy it and then as the market moves you need to either buy more of that or buy something else that is undervalued to add to your portfolio.  It is very important that we don’t just become set it and forget it investors.  You want to always be adding to your portfolio.

At the investment club we do this monthly.  This gets you in the habit of investing but it also encourages you to go out and get more money. When  you make money and immediately put it into an investment account creating artificial brokenness this makes  you more alert and more hungry and thus more likely to bring in more money.

Whatever you do, don’t just invest and forget about it.  Constantly add to what  you have.

Be greedy when others are fearful

This market, while not at a complete low is not as high as the market will ever be.  Are there some companies that could potentially fall off their highs and never return? Maybe, but that is not likely.

Too many people invest in the rearview mirror.  They look at what has happened and try to make decisions about what will happen.  Many people do this because that is all the data that they have but when you invest you can’t look only at what  you see, you have to imagine what can be.  You have to look at that “warzone” and decide it isn’t going to be a warzone anymore.  You have to look at that crappy property and decide that you are going to paint it and put in new windows and make it not look like a crappy property anymore.  You make money in the future not in the past.

Don’t look at what the market has done, imagine what it is going to do. Are we going to continue to innovate? Are owners going to continue to be profitable? Are Americans going to stop spending money? No.  America is only going to get better and stronger and as a result so will our businesses, our real estate markets and our stock markets. When they do, you want to be in the game not looking to get into the game because we never know when that time will be. The only way to guarantee you don’t miss out is to get in now.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg

Not spending is the skill, spending is not the skill

I was scrolling down my timeline looking at the IG of my favorite football players and couldn’t help but see a bunch of young men that have it now and likely wont have it later.

It is cool to look at them ball out and drive Rolls Royces but a better thing would be to turn that massive income into permanent passive income. Stats show that 78% of NFL players are broke two years after they leave the league and 60% of nba players are broke.

See anyone can spend money. It doesn’t take a genius to spend money. I think that frugality should be more coveted than it is in our society.  In our culture we look down on the saver and applaud the person who is rapidly going broke.

I have people look at my old ugg loafers and say eww buy new ones.  I have my mom telling me to buy new this or new that and all of it sounds good and feels good but a lot of things that are detrimental sound good and feel good.  Almost everything that sounds good and feels good is not good for you.

This is when I realized that saving money is a skill.  The better you are at saving the more financially buff you will be.  This is important because we tend to applaud the loser in life who is the person spending it all and spending it fast just like these nfl athletes.

I was once once of those guys.  I would spend spend spend spend spend. I thought I was cool but I was actually broke.  I had no financial security. If I got fired I immediately went into financial crisis.  This made me the jobs punk. That is not an empowering position to be in, but I had them Jays and Gucci shades though.

Everyone talks about this idea of not watching your pennies but to instead focus on income. This sounds good but its not correct. To win you have to both watch your pennies AND increase your income.

Just like winning in the gym is both eating and exercise, winning financially is both not spending and massive earnings. You don’t get to spend spend just because your income is up.  Not spending is is the skill, spending is not the skill.

If you are interested in learning how to invest long distance email charles@capitaltodd.com

I encourage you to invest with us and join our partnership.  We are doing a great work and if we keep up the pace we can be into twelve doors before the middle of next year.  We are also going to buy a truck by midyear.  If you want to form your own contact us for a consultation and we will walk you through the process.

If you are interested in investing with our club on either the stock or real estate side we would be happy to welcome you into the partnership.  Email membership@capitaltodd.com today to join.

We have an amazing course that will teach you all you need to know about how the stock market works and you can find that here: https://www.udemy.com/what-they-didnt-teach-you-about-money/

Thanks for reading!

Be great, invest well,

Todd Millionaire

AAEAAQAAAAAAAAaFAAAAJGNjMDM1NGFmLTg5Y2ItNGU5MS05YmQ3LWFjOGYxZmZjMDI1Nw.jpg