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I’m choosing myself; I’m not worried about yall

I was in South LA this weekend working with my mentor like I do every weekend and like I think you should consider doing. Getting around black, generational business owner and real estate greatness, and letting it seep into your being. I do this weekly and I have reaped the rewards of doing so.

There is so much value in being around someone that has done what you are trying to do and also giving your skills and expertise to that enterprise. We need more give and take especially with the skills we get from these universities and jobs. Don’t just give back money, also give back your free time and your skills.

While I was there one of the dudes who is about my age came into the store. I have known him for a while so he knows what I do when I’m not there and he knows what I am working towards professionally. Unfortunately, I think he is secretly in competition with me. A lot of people are secretly in competition with me. YOU, the person reading this, you are probably in competition with me. That is why you are reading this blog.

I think the fact that I brag and stunt brings on this competition but nevertheless, it is there.

So while the dude my age is there he is going on and on about all the things he is doing and also trying to downplay my bar situation and other career things I have going on. He had planned to go to law school but his lsat scores wouldn’t allow for it. So his way of kind of evening the playing field and humanizing me is talking about how I have not passed the bar.

After he left my mentor and the owner of the business told me that I should tell him about all the homes we are buying next time he tries to stunt. My response was that I’m not worried about him. I am not worried about proving myself to any of yall. You do not validate me, I validate me.

This is in large part the confidence I have obtained from reading the book Choose Yourself. For the longest time I thought validation was when others said I was doing good. Now I know that is useless. It is useless because no person’s opinion of you is pure. They are secretly competing with you or comparing themselves to you. This makes their evaluation of you biased. If you allow biased opinions to shape your opinion of how you feel about yourself you will always have a low opinion of yourself. I choose to define me. I choose to pick me. I choose to tell myself that I am dope.

Furthermore, the more that I 10X the less I am concerned with the opinions of people who think we are equal but that aren’t actually equal. I know the things I am doing and I don’t need to one up the next man to feel good about what I am doing. I am not worried about yall. . I have learned to be ok with this and instead of proving them wrong via argument, I just execute and win.

The point of this post is that you win through action, not through argument. I win buy developing more homes not by bragging to some peon about what I am doing. I just win. I don’t debate, I don’t explain and I don’t convince. I just focus on the actions I am taking.

The point of this post is the freeing affect that choosing yourself gives you. At this point in my life, no person, no matter how successful gets to determine how I feel about me. I don’t care who they are. I know that my skills, credentials and work ethic determine who I am, not someone’s opinion. Always choose yourself.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

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.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Weekly Update: Manic Monday & A Word On Nipsey Hussle

Greetings Members,

April showers bring May flowers(lets hope). And very Happy First Manic Monday of April to you all. It is not only the first Monday in April it’s the start of the second quarter of fiscal year 2019. Most of the major earnings reporting has ceased for the first quarter and we’re focused on the performance of the second quarter. 
The second quarter should be dominated by a bevy of tech darling IPOs. Lyft went Live on this past Friday and popped for a 15% premium, but as I right this email that offering is already below it started listing price. Other IPO set to come are Pinterest, WeWork, Slack, and etc. All are racing to go public before Uber massive estimated $120 billion offering that will suck up a lot of the market capital. 
Investing Strategy

With the start of a new quarter and our principal capital being fully returned to the starting next week I’m going to start giving a brief overview of any negative or positive in our holdings. We’re not over to overreact to weekly shifts but I just want to increase the level of knowledge and transparency in reference to our weekly performance. This update will also include any relevant or massive market new on any of our security that I want you to be aware of or to keep an eye out for. 

Relevant Culture News
The slaying of Hip-Hop artist and cultural advocate Nipsey Hussle yesterday is a loss for the culture. I’m not going drive into the conspiracy theories or the accusations of who was at fault but further the important of black pillars. Most of us didn’t  know Nipsey personal, so I’m not going examine his movements in that regards but his commitment to the elevation of the culture profound for them to extend such a short period of time. Educating the masses about a history of the culture that wasn’t well known and awakening a new level of social consciousness is always the mark of a true leader in any community but especially the black one. 
So as you’re paying your respects, I implore you to don’t just stop with words and gestures but follow through with action and resiliency. As Nick Cannon so eloquently put it in his remarks “This a marathon. I’ll pick up the baton from here”. Let’s pick up the baton for one another; let’s continue to drive and press the narrative to an accessible end point. Let us be great, let us be powerful, let us be UNITED!! 

Communication 

In addition to these weekly emails I would also like all of our members to be more active in our slack groups. This group is not merely a passive experience but a think tank to share ideas and gain other perspectives. Please use the slack links below: 


Investment Club for Stocks: https://join.slack.com/t/tcinvestmentclub/shared_invite/enQtNTE2MjUxNzY5NzYyLWZjMGI0MzA2MTA4Y2IyMGM1NzU2NjBkZTlhNGY4YmY2ZmZmNGQ1ZmE4YTIwZWVkN2VhNTczMjk0MmRmNzY0YTI


Investment Club for Real Estate: https://join.slack.com/t/todd-acquisitions/shared_invite/enQtNTE0MjQwNzc4Mjk0LTQzMWMyOTkxMGE5YzAwZWQ4OTk4OTA4ZDRmMGEzNjk0NjBmN2IyODZlMTMwZmE0ZjBkODRjNDdlZGVjNzYyOTg


This is just the chat thread so you can stay abreast of what is going on.  You wont be actual RE Club members until you partner on a deal IF you decide to partner on a deal.


In Closing

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!!

Jamaal W Vetose

President

Todd Capital  

The key to investment success is to find the blue ocean and avoid the red ones

Competition is the business killer. It is great for all those around you but it is terrible for your success. Do not be fooled. You do not want competition, instead you want a blue ocean or a monopoly.

This is a point that is hammered in on books like Zero to One and of course the book The Blue Ocean Strategy. In Zero to One he hammers on the idea of creating a monopoly not competing. In Blue Ocean he discusses doing business in the blue ocean instead of competing for profits in the red one.

For me, I find this in investing. When I am investing I look for places that people aren’t looking as opposed to going where people are. Hot markets will burn you. Cool markets will get warm again.

I do this in stocks when I buy ugly stocks that get hammered (I am watching Boeing). I do this in real estate when I look for crappy neighborhoods or not so glamorous properties.

When we started investing in Detroit we got a lot of push back from smart dudes who didn’t own any properties. These were guys who made comments like “Detroit is a sh*t hole” or other ignorant things. If he knew anything about investing and not being an employee he would have know that the statement “Detroit is a sh*t hole” is the indicator OF the investment opportunity and not that it is something to be avoided.

One thing I love about Blue Oceans is that you have room to make money. There is no shortage of opportunities in the blue ocean. There is less competition and you are seen as the big fish, the boss. In the red ocean you are merely a number. There is no shortage of deals in Detroit. I can literally fish there all day without getting bothered from the people scared off by bad press. Those people don’t know investing they only know how to follow.

Real investors find the blue ocean on their own because they understand the principles of investing. Followers get caught with their pants down. If law school did anything for me it taught me to think through a problem. I apply this same deep thought to our investments. I have thought each step out all the way through including multiple exits and multiple strategies. Most people don’t do this, they merely buy what is talked about on tv, in the news and on social media. That is not blue ocean thinking.

The key to this post is that if you see competition, if you see a lot of activity, if you see popularity this is a sign that the ocean is red and that a crash is coming. This was true in bitcoin, it was true in real estate back in 2009 and right now it is true in multi family real estate. Whenever you see something being touted as the sure thing that is when its time to avoid. For some reason people just can’t take action unless it is proven certain. At that time you are the exit strategy for the person who bought when it was uncertain.

I encourage you, if you want to make money investing, to seek out the overlooked areas with promise not the obvious plays that will soon be obvious losses. Trust me on this. I am a professional.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

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.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Four reasons why working for free is key

When I first started my LLC business I promoted that I was going to do ten free LLCs. I easily signed up ten people from various states, filed their LLCs and created ten happy “customers”. When I did this, I got push back. “Don’t work for free”. “You didn’t go to law school to work for free”. Said the crowd. These people are foolish. Working for free is the hack and I’ll tell you why. Here are a few things working for free on LLCs and in the investment club aka Todd Capital/Todd Acquisitions, did for me. Skills. Working for free gave me the most valuable thing of all. Experience and skills. When doing the LLCs I was able to learn the process of various states that have different requirements and expectations. Filing for free was practice which then gave me credibility. In regard to the investment club, I learned how to manage property, manage assets, buy deals, manage contractors and source deals from investing my time at little to no pay. I don’t get paid to do a lot but I gain experience. This experience has yielded me wealth in my personal endeavors. Credibility. Working for free has given me credibility. This is based on the experience that comes from doing even if the doing didn’t yield me a lot of money. I have a body of work that allows me to speak from a place of knowledge not theory. A track record. Similar to credibility, working for free or for the low has given me a track record that makes me a person of value. I am now able to reference past deals instead of things I hope to accomplish. This raises my status and puts me in the conversation with other doers not thinkers. Networking and a Referral Source Happy customers refer more customers. By creating happy people I built brand equity. By giving I created people who felt obligated to give back. Many of my free clients referred multiple clients back. You never lose when you give. You only grow. Another thing working for free and doing did was expose me to the people who can put me on to better deals. Now I talk to our contractor daily. He feeds me deals that are steals and are much better than a wholesalers deal. He does this because he gets paid to do the rehab. So I effectively get to skip the middle man. I was going to pay the contractor whether I got it from a wholesaler or not. This connection and confidence comes from working for free. He knows I pay and he knows I close and he knows he is going to get paid. Now I am able to walk into deals that nobody even sees. I encourage you to abandon the idea that working for free is beneath you or slavery and start getting your weight and your game up. The only person losing is the person sitting doing nothing. Get in the game by any means and then use those skills, track record and networking to get to the money. Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50 Check out the Todd Capital Store at www.gumroad.com/toddcapital 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. Thanks for reading! Be great, invest well, Todd Millionaire
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Instead of focusing on what the market is doing or what the property is doing just focus on what you are doing

I just had a revelation as I was listening to a Graham Stephen podcast and that revelation is this. You don’t lose money investing. That’s it. That is all I have. Thanks for joining us.

Seriously though, his episode was about an upcoming recession and how he isn’t focused on predicting that or getting out of the market to avoid the losses. Instead he is focused on living below his means, continuing to buy, reinvesting his gains and having an investor mindset.

For this to be so simple I was blown away.

I like this because it gets people off the sidelines, myself included. When you think about it, the true test of investing isn’t whether the stock wins or loses or whether the property wins or loses; the true test is that you chose to invest instead of spend. Period.

If you take $1000 and invest and you lose half (which is very rare) at least you have $500. If you take that same $1000 and buy some shoes you have $0.

This is liberating information. It is liberating because it allows you to throw yourself at opportunities, even risky opportunities, instead of buying for the sake of not losing money. This allows you to take more risk and make more money knowing that at the very least you didn’t give your money to Louis Vuitton or spend it o a vacation.

When you throw yourself at a risky opportunity either you win or you learn. That learn is going to create the next win. If you spend, you just get to keep spending. Congrats.

This is a quick blog but it is a real blog. I realized the hack. Instead of focusing on what the market is doing or what the property is doing just focus on what you are doing. If we can continue to stash and earn and stash some more the market will reward you, long term.

An example of this is my stock portfolio. I made a lot of money last year not because I made good picks but because I constantly threw money in the market. I took all my business income and “stayed broke” and threw it into the market. If stocks were up, I threw money into the market, if they were down I threw money into the market. Over time everything worked in my favor because I focused on what I was doing not what the market was doing,

The takeaway here is that the market, like life, doesn’t care about you. It is not for you or against you. But if you can focus on living below your means, investing what you have and continuing to buy with new money, adding to your positions you will win . The end. Thank you for reading.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

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.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Stop building glamour businesses and start building needs based businesses.

There has been a little (a lot of) talk on the internet(s) about “needs based businesses”.  I am happy to see that the conversation is being had. At this point we are looking past the broad concept of black business and doing an analysis of the type of businesses we are starting. This is progress.

What is a needs based business though?

A needs-based business is a business that provides food, shelter, security, and water etc.   These are things that people are already spending money on. A successful black needs based business can sub in for that non black owned brand you are using and you won’t have to beg for support in the process.

Interestingly enough, this is something I spotted a while back.  A few months ago, I made the point that too many of us are starting “glamour businesses”.  Businesses that look good and sound cool and make us look like we are doing something (the next uber of pancakes, the next fashion line, a party company a wedding planning company whatever is easy and fun), even if we aren’t making money.  Meanwhile we turn our nose up at the opportunity to SERVE members in our community. We chase passion when we need to chase service.

It reminds me of the Carter G Woodson quote that I just posted on the IG.  The quote says that the educated elite from business schools chooses to take their business knowledge and force it into wall street under the guise of “diversity, inclusion and a seat at their table”.  In turn, we turn our nose up at the opportunities to do basic tasks in our own communities. Meanwhile, the immigrant comes here who hasn’t studied business but has studied us. They come into our community and get rich selling Chinese food, hair products, gas and burgers.

The problem with the glamour business is that they are luxuries and luxuries don’t actually build a community.  A community is built when people provide the basic needs that are food, water, shelter and security and employ the people in the community in the process.  You don’t NEED expensive sneakers.  You don’t NEED expensive hair, but you do need water, shelter and food. 

This is something that I realized when I started to really dig into business.  I started noticing that customers come to a local food spot every single day, sometimes multiple times that day. These are repeat customers and those are repeat profits.  These profits don’t come because of just marketing, they come because that person gets hungry and needs to satisfy that hunger.  This is a much greater pull than just the pull to impress people with fancy shoes and hair. 

The same is true with real estate. Real estate is a needs based business. People NEED a roof. People need to live in a safe community. Therefore they pay big money and they pay monthly without marketing, advertising or sales. This is why real estate is valuable.

Here is a list of needs based businesses that you could look into starting:

Grocery store, even if just small corner market

Laundromat

Gas station (I know they are expensive but find a way)

Restaurant

Water store

Hair salon and/or barbershop

Bank/lending company

Check cashing company

Basically anything that an immigrant is running on the corner.

I have found that when you start a needs-based businesses wealth is a foregone conclusion.  People don’t buy because they like you, they buy because they can’t live without you. When is the last time your utility company asked you for support? When is the last time the water company ran a sale to get you to buy more? Needs based businesses don’t have to run ads and they don’t need your support to win. The won because they positioned themselves properly. This is a powerful position to be in.

One theory is that we are too proud to serve people.  We need to get over that.  Service is where the money is.  Putting people above yourself in return for money is the ultimate reward and it works.

A lot of people would rather be broke than work a job that they think is beneath them or build a business that isn’t glamorous and that is exactly what they end up being. Especially college educated negros. We are the worst. We feel we are above building businesses in the hood as though hood folks are beneath us. We then create a vicious cycle of neglecting the hood and leaving the hood and then wondering why the hood is no good. The hood isn’t good because those that are good or never go back.

So in conclusion, it is time to get serious about what we really say we want. If you want wealth, you need to do the things that get wealth even if they are embarrassing, “beneath you” and don’t look dope on the gram. The truth is that many many low level businesses are needed in the community and the only thing keeping us from getting that money is our ego, not oppression, not Jim Crow and not slavery, ego.

If we refuse to engage in this level of business we deserve to be broke and begging. Hard facts. Do what’s hard and life will be easy. Continue to do what’s easy and life will be hard. Humble yourself and serve your community and wealth is waiting for you.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

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.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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1 Comment

Business Plans Are So 20th Century

I recently sat down with a fellow millennial who works at a PE(private firm) to discuss a business venture I’ve been mulling for sometime now. I wasn’t seeking validation necessarily of my concepts but just wanted a sounding board to challenge my thinking. And since a key component of my concept would involve raising a fund I thought it would be a very productive conversation. This contemporary of mine agreed that my concept had merit and it wasn’t a concept that a lot of people have been thinking about or if they are aren’t willing to take on the undertaking of the concept.

But then a portion of the conversation turned to next steps and my contemporary offered two actions that I thought was old school and outdated. He suggest that I go to business school and also that I craft a business plan. Let me say this, I have nothing against business schools or business plans. I’ve started two business in my short business career and both times I’ve put together detailed business plans. They are a useful mechanism in some aspects of organization. Though I haven’t been yet to business school, they have produced many a transformational mind and business idea.

However, those are old methods that long kept many an innovational ideas or revolutionary concepts from being fully and fairly concept. For second half of the 20th century you had to be the product of business schools for majority of business concepts to be taken seriously. You need to produce 100 page business plans with pie chart and case study results before your idea was thought to be financial viable. Though these produce methods produced success stories they produced just as many failed attempts.

Don’t let your business idea get caught in this rat race of business schools and business plans, the best form of testing an idea is IMPLEMENTATION!!! The concepts need to be tested thru operations not thru case studies and diagrams. The consumer and the open market will be the best grader of whether this is a sustainable business not course grades.

And when you seek to raise money for your venture don’t let investor slow walk you with that “We’re not in the business of gambling” using that statement as justification of why they need you to have the MBA letter behind your name or the business plan in front of their faces. All business is a risk, and honestly your concept without a full blown business plan laid out has just as much a chance of failure or success as the venture with those items. And I would argue that business plans are actually too rigid! They narrow your ability to pivot and change course if the market or customer tells you that your overall concept is sound but you need to change certain aspects of it. They limit your ability to think like an innovative entrepreneur because investors will expect you not to stray from the original concept of that plan.

Spend less time planning and focus more on implementing. You don’t need more case studies you need more live implementation. You don’t need your head in a book studying hours of course material you need your hands in the dirt building from the ground up.

Jamaal W Vetose

President

Todd Capital Investments

The Unicorn Effect:IPOs

Time was that the market had a unicorn-A unicorn is a privately held start-up company valued at over $1 billion- once every couple of years, maybe even once a decade or even in a generation. The advancement in technology at the end of the 20th century and early 21st century changed all that. Nowadays, dozens if not hundreds of new “unicorns” pop up every year. And they have a tremendous effect on the market.

In addition to the unicorn, they are two other labels that speaks to the unrealized value of private’s held start-ups. There’s a decacorn, which is the term used for start-up valued at over $10 Billion dollars. And then there’s the rarity of them all, hecacorn, a company that is valued at north of $100 Billion dollars. The highly anticipated IPO of tech darling Uber would be an example of an hecacorn. No matter the name of these company their Initial Public Offerings always shift the needle where investing capital in concerned.

Most IPOs are anchored by big investment banks but more importantly by intuitional investors like pension funds or endowments. And at any given time these organization only have some much money liquid when a new offering is listed, so in order to raise capital to get into new offerings they have to sell existing positions. This will create buying opportunities for investors like you and I in two ways.

The first way is in well established blue chip stocks and consumer brands. Institutional investors are often tied up in names like Apple, Google, Coke-Cola, AT&T and etc. So in the event they require capital to invest in new position they will draw from the well of these companies. This creates a pull back in the shares of these company for no other reason than this large investor is selling some of its position. This create a sizable pull in a fundamentally sound company that otherwise would not exist. The decline grants opening to smaller investors who can snap up those shares at a discount and ride those acquired share to a nice profits.

The flip side to this could be, thought the institutional investor are intrigued by the new IPO security, they might not be willing to part ways with their more established holding that have a trustable track records. As a result there isn’t quite the anticipated demands for the shares of this new listing, at least not initial offer prices and because of that the new security prices decline. Giving smaller investor who would other ways be shut out -by either limited shares or too expensive of a prices offering- the opportunity to get in on one of the hottest IPOs early on the grow floor.

This is the effect of unicorns, decacorns, and especially hecacorns. And by my count this year -specially in the second quarter, starting with Lyft this week- you will have 19 chances to capital of this effect, one way or another. The best advice I can give you is to be vigilant and prepared to make quality mores when they arrived. One other size of this effect the prices will not stay depressed for an extend price of time so they opportunities can be here today and gone the next. Just make sure you have researched any potential stock you are thinking of acquiring and that you have enough capital to set aside to make a meaning profit.

Jamaal W Vetose

President

Todd Capital Investments

Three investment and wealth building principles I realized while doing the paperclip trade exercise.

This week I had the opportunity to do an experiment in my MBA class where we were forced to trade a paperclip eight times and see what we can get in the end.

When we were given the project I though it was a joke. A paperclip? A paperclip? (In my Allen Iverson voice). A useless paperclip that everyone has on their desk?

The professor told us that we needed to focus on what we wanted and then go after it. I thought that this task was impossible.

A week went by and I hadn’t traded for anything because I didn’t think anyone would want a paperclip and I thought it would be useless to even approach someone. They would laugh. They would think it was a joke. They wouldn’t’ take me serious.

I ultimately approached a coworker and asked him if he would trade the clip for a blank cd he had on his desk. He agreed and even threw in the disk sleeve. Great I had my first trade.

The interesting thing about this exercise is that after you trade that paperclip at that point you are trading the new item. The paperclip is long gone. My small beginnings were long gone. So now I was trading a blank cd and not a paperclip.

I took the blank cd and traded it for a flower pen. From there I took the flower pen and traded it for a candle on a girls desk. She loved the pen and was tired of the smell of her candle.

I then approached someone that I knew would want the candle. She said she loved it and that she loved the smell but that she didn’t have anything to trade for it. I encouraged her “work husband” to trade a company mug for the candle so that he could give it to her. Boom. I go a mug from a paperclip.

I then flipped that Mug back to his work wife because she was sad he had to give up a mug that he liked. She traded a box full of office supplies. I then traded that box for an Einstein statute. When I got the statue I immediately knew who would be a good target for the statute because he is a deep thinker and an intellectual. He was eager to find something he had to trade and brought multiple items to me. He gave me a lighted gamer keyboard and that is where I ended the game.

From this whole experiment I picked up on a few key things. I wanted to discuss it here because I think we will get a lot of value from these key points.

It doesn’t matter how small your beginnings are.

The number one thing that people think holds them back is their small beginnings. The we don’t have wealth so we can’t get wealth mentality. This is foolish and the paperclip trade taught me that.

A lot of us have a paperclip. We don’t have wealth. Many people think that is the end of the story though. They think we are just going to be stuck with paperclips. That is not true.

This exercise taught me that it doesn’t matter what you start with, all that matters is that you have a goal. If I could turn a paperclip into a $100 gaming keyboard what can we do if we apply that to real estate and business?

As I type this I am getting emails and DMs looking for investors in a business. These guys think that an investor is holding back their hopes and dreams. This is wrong. You don’t need a bunch of money to level up business or in real estate. What you NEED is a goal and creativity. Creativity moved the paperclip not an investor.

You level up by reinvesting everything

One thing about the trade game is that it is illiquid. You trade for a candle and you are stuck with a candle. The upside of this is that it literally forces you to reinvest everything. You can’t break off pieces and invest less, you have to give it all back to the next deal.

When you start out you look at 100k deals and get upset because you don’t have 100k. You the go and do nothing. OR what you do is you do smaller deals and spend the cash from the smaller deals. Stop that.

The trading game taught me that I have to take the small deal money and throw it at the big deals.

This is hard guys. Most people invest for the money and when they get the money the spend the money. This is a way to do it but it is not going to get you to wealth. I learned that I got the bigger items because as I traded up i was able to trade bigger. Instead of taking the money from your wins to buy Louis, take it and buy bigger deals.

The hardest deal is the very first one. The one that requires the most creativity is the first one. After that you have the ball rolling and you allow your investments to fully reinvest in the massive level up not the money you can save from your job.

Use things other than money to increase value.

When I was trading I learned how to use people’s situation against them. Because I didn’t have much to work with I had to use other things than just the item to win. I think that sometimes having money can cause us to forget other skills and tactics. I couldn’t pay more money I had to find a way to get the market to come to me.

I began to listen to people’s motivation and key in on their desires and then I would flip that to get what I want. This didn’t cost money it only cost strategy.

So in doing this project I picked out the investment principles. I think I do this in every MBA exercise but I thought this would bring value to readers because many of you are sitting on your very own paperclips. I want to encourage you to flip that paperclip with some creativity and then make sure when you win that you reinvest everything. The only thing you need is a goal. Get the goal and get moving.

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

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.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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Your employees and investors can take their experience to build empires of their own.

Yesterday I was reading this book Empire Of Their Own, how the Jews invented Hollywood and they made a point that the employees and investors in the protagonist’s ventures actually took their experience and used it to build their own empires. 

In the story the gentleman embarked on various ventures.  He started a fur company and then started an arcade (when video games were as easily accessible via home consoles) and at this point in the story he is getting into building theatres.  

This resonated with me because I can see how that would happen.  When you become an investor or employee you get inside the room where boss talk happens. You learn merely by osmosis, you learn the language, you learn what success and failure look like.  This all gets incorporated into what you are doing forward. 

A lot of people don’t do things like build a business or invest just because they are ignorant of what it takes.  They are ignorant of how to get started, how to overcome things or how to manage the day to do.  They just lack knowledge and first hand experience.

This is why I say experience is the ROI on a lot of your early deals and the beginning of your investment career.  When is say this people hate it because they want money money money.  Experience isn’t as sexy to people as a deal that yields you $350k but experience is much more valuable than that money.  If you make $350k on accident and didn’t even know what you were doing you just happened to buy in the right market you will get slammed, just ask all the 2009 ballers. 

“Money comes to professional investors not just investors who do it casually and without intention.”

The experience is the ROI. The experience is what gets you to professional status and then to wealth status.  As I write this I really realize this to be true.  Investing is a profession not a get rich quick move.  

An example would be basketball.  Basketball players don’t make riches; professional basketball players earn riches. The distinction is your professionalism. 

If you are just starting out, you might need to follow someone who knows what they are doing to get your skills and experience up.  Don’t rush riches now, rush the learning, get actively involved not just passively.  You don’t get buff watching other people lift weights.  You get buff lifting those weights.  

This morning I posted that I found a home for $1k that needs $10,000 in work.  The home will be worth $45k when its done and be worth $100k in a few years.  I’ll keep it and rent it and chock it up as a net worth play.  If I’m in it for $11k I just increased my net worth $34k. That is experience in a lot of ways. It is experience because I don’t need to flip it to have it, a lot of people think they have to sell property to make money. It is also experience because I got the deal for cheap and the rehab for cheap. Newbies don’t get deals slid to them and the don’t get solid deals on rehab like that. 

The point of this post is that getting involved in deals in any capacity lays the foundation for you to do deals.   If you don’t have the money to do your own deal I would advise you to get involved in someone else’s deal.  You wont’ get rich in money but you will get rich in experience. Doing something even on a small level is a lot better than doing nothing at a high level.  The high level will come as you take steps not as you continue to sit and think about the big things you want to do.  Get started, to do something and pivot as you grow. 

Get 25% off the Trade and Travel course with Teri. Use the link www.investor101.org to sign up. 

You can also sign up for our Cannabis Investing Course at: https://t.co/RNYtQjlBkY

Lastly, the Investing 101 Class is on sale for half off at this link: https://www.udemy.com/what-they-didnt-teach-you-about-money/?couponCode=TODDCAP50

Check out the Todd Capital Store at www.gumroad.com/toddcapital

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.

Thanks for reading!

Be great, invest well,

Todd Millionaire

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