You can build a good business when your people believe in you as a leader.
You can build a great business when you as the leader believe in your people.
Let me break this down.
For people to believe and follow you as a leader there are several things you must do.
You must “do” these things to become the person worth being followed.
First, you must lead yourself.
This requires you to develop discipline, be an action taker, strong listener, and emotionally stable.
You will have to study and develop these qualities to become a great leader.
Once developed you will then need to hold yourself accountable or have someone else to help you with accountability.
People won’t continue to listen to what you say if they don’t see you following what you say.
They don’t follow your lips; they follow your feet.
This will be true for all the important areas of life.
Faith, Family, Fitness and Finances.
If you want to live an extraordinary life and make an impact you better be ready to
master the 4 F’s.
A leader in my eyes has done this.
You won’t catch me following someone who hasn’t.
It will take you time and patience but everything of value does.
Business is built on relationships and others will be willing to create a relationship with you,
if you are a leader.
If others can seek value from you, they will (rightfully so) follow you as the leader.
The same is true for business owners looking to promote or hire people to lead their company.
The most skilled leaders get the job or the promotion.
They make the most money and have the most flexibility inside of an organization.
Part two is you believing in your people.
You must check your ego at the door and let the people around you do what they are good at.
Building something great requires a team of people.
You can’t do it alone and you can’t do it through micromanagement.
You must put the team together and be very clear about what role each teammate plays
and then get out of the way.
If you lead them properly and they have the necessary skills to be put in the role then your team will thrive.
If you don’t start winning, then look at where you went wrong in this process and take
responsibility.
Leadership is a high-income skill and leadership is always the problem and always the solution.
Listen, the scoreboard in the 4F’s tells our story.
Either you are a strong in each of these categories or you aren’t.
It all starts with you.
You must be THE LEADER of YOU, first.
Start how I always do, by finding a leader worth following, to be the leader, you wish to
become.
The greatest chairman of one of the greatest companies in the world, IBM, once said,

“Nothing so conclusively proves a man’s ability to lead others as what he does from day to day to lead himself.”

Talk Soon,

Bobby

When the new year rolls around it always creates excitement for people to start over, start something new or re-engage what they had been working on before the holidays.
But what happens after two weeks, four weeks or two months goes by?
We are one month in right now.
How are you feeling about your plans?
What does your daily habits currently look like?
Typically, the excitement fades.
Now what was once a great plan and something you could rally around is no longer making
you feel the same way.
You get bored.
It happens to everyone!
Being able to still follow your plan while being bored is the type of discipline it takes to win.
Its called, mastering the mundane.
Not many people can do it.
We are distracted by the next exciting idea, playoff game or vacation.
As soon as you lose the focus and energy that you started with you start to lose.
This happens in your business, with your health and your relationships.
You lose to your competition, and you lose belief in yourself.
If you lose belief in yourself, the game is over!
Discipline is a high-income skill and the one that keeps most people from winning long term.
Teams don’t lose because they don’t execute enough big offensive plays.
They lose because they don’t get enough first downs.
3.4 yards per play will result in scoring a touchdown on every drive.
But that’s boring, it’s a grind and its slow.
This should be the definition of discipline.
It is boring and painful.
The design of the human brain makes it this way.
However, it produces the biggest results!
In order to fully deliver on the plan you have for your life you have to develop discipline.
Anyone can do it but its not easy.
Just as you built a plan to start the year or to start something new, you must also build a
plan to develop more discipline.
In my experience there are lots of ways you can build your day to gain 3.4 yards per play.
To be disciplined in your actions.
But most people won’t.
Don’t be most people!

Talk Soon,

Bobby 

Now that the new year has begun the energy is buzzing inside of most people to try to improve in some way from the previous year. I have been fielding questions personally and see everyone searching for answers. We turn to social media, podcasts, books and to the personal relationships we may have with people we look up to.

These are all good strategies and have all served me well over the years. But I should share that doing this each and every month for many years and not just the first month in a new year, is the winning strategy. Its boring and takes serious discipline but again, it’s the winning strategy.
In order for you to improve this year from last you will need to look past winning
for the moment and pay close attention to your strategy.

To develop a winning strategy, you most focus on the strategy first and the winning will follow. At the core of my strategy and all the 8, 9, and 10 figure entrepreneurs and business owners I know is a set of skills that we call High-Income Skills.

Here they are:

1. Discipline
2. Leadership
3. Communication
4. Marketing
5. Sales

You might find that you are more talented and even more interested in one or two of these much more than the others and that is o.k. Being highly skilled at one of these will set you up for a lot of success. But to dominate you must develop a strong understanding and high level of execution in each of these. If you do this, you will be able to delegate the bulk of the work for your business and have a strong pulse on if you have the right team around you. The more skilled you are within these five areas the more you will be able to verify your teams’ actions and lead them appropriately.

This means that the books you read, the podcasts you listen to and the people you surround yourself with need to be teaching you these skills. Any other material you are consuming should be viewed as entertainment and is not moving you closer to financial freedom or building a business empire.

This will sound harsh but if the people you are surrounding yourself with aren’t discussing
developing these skills themselves or helping you develop these skills then they are holding you back. You don’t have to eliminate your time and relationship with them but learn how to limit it. The best investment you will make this year will be in YOU. Your skills will pay you for the rest of your life.

Any investment you make into a business, stock, bond, crypto or real estate is only as good as your ability to understand the deal and provide value to it over time. There are no bad investments but there are bad investors. Bad investors and low-skilled, or single-skilled people are forced to work jobs that pay poorly, leave you feeling empty inside, and rob you of your most valuable asset….. TIME.

Over the next five weeks I will provide a better understanding of each of the
5 High-Income Skills. Along the way you should surround yourself with others that have the winning strategy!

Win your day!

Bobby 

The ancient Greeks spoke about harnessing the proper balance between the power of our
emotions and our logical, thinking centers of our brain. They used a metaphor:
the rider and the horse.
The horse is the animalistic nature, packed with emotion causing us to push on.
The horse has brute strength and energy but without a rider it has no formal direction.
Its left out in the wild.
The rider is our thinking self, logical and calculated.
Using the proper training and practice the rider can guide the horse to harness the power.
The combination of these two can create massive production.
The one without the other is practically useless.
In most people the horse is too dominant, and the rider is weak.
Their emotions generate all their energy and control their thoughts and actions.
The horse leads them instead of the other way around.
They end up self-destructing without even knowing it.
We all know these people and all of us have this inside of us.
But in some the rider is too strong and never lets the horse get out and run.
They hold on tight and keep the power and energy shackled.
They are analyzing every angle, have lots of excuses, and find every reason not to get started.
Too many people leave the horse in the stable.
They look to others to solve their problems and our communities’ problems.
They don’t visualize themselves in the winner’s circle.
We all know these people and have some of this inside us too.
It seems today that showing emotions and having a fierce competitive spirit is shunned.
Don’t fall for it. This is a needed ingredient to win.
On the other hand, you must take the time to critically think through situations before you act.
After you do then you need to commit to your plan and channel the horsepower.
You can’t hold on tight to the reins because of the thoughts and the fears.
The races are won when the horse and the rider work together.

Talk Soon,

Bobby 

If someone offered you a $5 million dollar loan would you sign up for it?
I would!
If the terms are reasonable, I am in.
Here is why.
I have learned that rich people are experts in what is called financial arbitrage.
They borrow at a low rate and earn at a high rate and make the difference.
They borrow from banks and other individual people.
They do this in many different industries and by using many different types of assets.
In fact, I already do this!
I borrow and raise millions of dollars every year.
I put it to work by opening cash-flowing businesses (car washes) and real estate.
But there are several other ways to do it.

People usually blame the lack of money or wealth for not having the money to get started.
The reality is that they don’t have the skills to get the money or the model to put it to work.
They don’t understand financial arbitrage.
They don’t think deep enough or BIG enough.
So, let me ask you again, would you borrow $5M with reasonable terms?
What would you do with it?

If you are scared to take on that type of risk or you don’t know what to do with the money, then you are lacking the skills needed to become rich or financially free.
You might even be lacking the proper mindset to be open to learning the skills of financial arbitrage.
Whatever it is, figure it out and fix it.
That’s the path you have been looking for.
Keep investing time and money into yourself until you have a clear picture and plan to put the $5M to work for you.
It might start with learning to stop working in your business so that you can work on it and on others.
You might begin with learning all the steps needed to replace you and the business still thrive.
Or you might start by creating another stream of income by teaching your expert skills to others who want to grow and along the way you get to step up another level yourself.
Or maybe you sell your business, take the lessons you learned and cash and move into the next venture.
If you decide to take that last route, then I recommend that have a clear plan and some proof you are succeeding before you sell or exit your current business or job.
Just get started learning or earning!

It is more critical now than ever with inflation going so high and the economy changing so fast.
The word is that next month the reports will show that inflation is at 7% right now, which is the greatest jump in 30+ years.
This is just what they are reporting, and we know how truthful the media is today.
Inflation is likely much higher than that.
I am seeing it much higher than that in all the transactions that I have going on.

Here is the deal.
The government is fighting a losing battle by giving people free money.
On one hand they need to stimulate the economy from their own regulations and shutdowns.
But on the other hand, when you give people free money, they immediately spend it and buy
every item of inventory available.
This becomes a big problem if inventory is low from shutdowns.
This results in massive inflation.
The good news is that it will expose the failed policy of our politicians and Wall Street.
Both Congress and Wall Street are full of crooks getting rich by taking advantage of our citizens.
With inflation so high, 6 or 7% returns from terrible investments placed by financial advisors from Wall Street will no longer make sense, and this will change the way Americans manage their money.
These hard times will force all of us to get educated on finances, investing, and money management.

Financial arbitrage is a great way to address these issues and right now is a great time to put strategies like this to work for YOU, with interest rates really low and the economy flush with cash.

What would you do with a $5 million dollar loan?

Talk Soon,
Bobby 

Today it seems easy for people to look at someone who has accomplished something great and say they got lucky. People like to do this because it gives them an excuse to settle for where they are and not take the chance or put the effort toward their own goals and ambitions.
The people you see that got the promotion at work, closed the big deal, built the huge business, took the dream vacation, had the kid who got accepted to the Naval Academy, or married “the perfect person”, were all “lucky”.
Luck might have played a part in that happening, but not in the way that most people think.
Luck comes in four different ways.

Blind Luck is the type that most people think of and believe is the only kind.
This is winning the lottery (or sperm lottery), being born in America, or happening to inherit land with oil under it.
This happens but it’s extremely rare.
Don’t hold your breath to fall into this type of luck.
For most of us, we aren’t this lucky.

The second type of luck is Energetic Luck, and it is manufactured through motion, persistence, and hustle.
Think of the person you see everywhere.
They know everyone and everyone knows them.
They are at all the events and on all the platforms.
When they walk into a room everyone feels their presence and they make everyone
in the room feel better in some way.
The value that they bring through their positive energy and activity levels to others, is attractive.
This results in luck finding them!
If you are taking action, building strategic relationships, and showing up with the right attitude then good things happen.
Motion is the magic potion to creating Energetic Luck!

The third type of luck is Opportunistic Luck.
If you stay hyper-aware of your surroundings and the events that occur, you will
be able to spot opportunities that others miss.
Most people are going through life living in their own worlds inside their minds and being easily distracted by entertainment and bad habits.
As humans in today’s world, we operate in our subconscious mind too much.
We are on autopilot during many hours of the day because of the routines we have created.
This leaves us missing out on ways to capitalize from the events that occur.
Think about the Covid pandemic as an example. What opportunities could have been created from such a terrible situation?
What new problems did it create for you or others and how can you solve them?
If you prepare by developing high-income skills and keep your eyes wide open at all times then it’s only a matter of time until you “get lucky”.
Our society rewards people who solve problems and it just so happens that in today’s world people create as many problems as others solve. This means there is not a lack of opportunities to be a problem solver. Those that think this way will benefit from opportunistic luck.

Last, but not least, is Character Luck. This is luck created by your reputation, character or brand. This is the hardest kind of luck to generate but becomes the gift that keeps giving.
Think about Mark Cuban or Warrant Buffett. These two consistently get opportunities
to buy or invest in businesses because of their track record and reputation.
They have built massive brand equity for themselves, so people seek them out.
Luck finds them!
If you have specific knowledge and strong skills, then others will want to team up with you.
Others that might have gotten ahead purely by Blind Luck will reach out to those who have this type of luck to help them. For example, I am working on a real estate deal and the family that owns the land fell into Blind Luck. Their family has owned it for many years and for most of the time it was considered farmland, not that valuable and in the middle of nowhere.
Until a developer decided to buy some of it and build a massive sports park that now brings over 1 million people to this place every year.
The family struck oil, so to speak.
They then reached out to other real estate developers to help them develop and market all their other property surrounding this site.
All these people going to the sports park need hotels to stay in, food to eat, gas for their vehicles, and hopefully car washes too! 😊
This created generational wealth for everyone involved.
Luck found these developers they partnered up with by way of their reputation, brand, and character for being able to transform this farmland into a
thriving commercial trade area.
This is how you turn someone else’s Blind Luck into your Character Luck.

You can depend on the rabbit’s foot if you want, but it clearly didn’t work out for the rabbit.
Remember, success loves speed and luck can be manufactured by motion!

Talk Soon,
Bobby 

Let’s talk about one of the most important life skills there is and something that they never taught us in all the years we spent in school.
How to make money!
I am not talking about how to get a job and trade your time for money.
We all know how to do that.
I am talking about how to use your money or someone else’s money (banks or investors) to make you
money.
I am talking about how to build cash flow and wealth.
This isn’t going to be the most exciting lesson, but it can be the most life-changing.
Here are the best vehicles to understand that lead to wealth and freedom.

Three types of asset classes.

1. Business Ownership 
2.  Paper (stocks, bonds, etc.) 
3.  Real Estate

Business Ownership
Starting or buying a business that you work on and not in is one of the best ways to increase your
income and build your investment portfolio.
If you truly have a product or service that you don’t personally deliver (working in your business) and that you can charge for then you are on your way to financial and personal time freedom.
Think of it as being a head coach or owner of a professional sports team.
They aren’t running the plays or scoring the points, but they are responsible for the people who are.
Owning a business means you are a leader, strategist, and decision-maker.
You can do this by yourself or with partners.
If you choose to have partners, just make sure you know how to choose them.
Business partners are like marriages, and as you know, both can end poorly if you aren’t careful.
You also can do this with very little of your own money.
If you have the skills, then you can raise capital from investors or borrow from banks.
You don’t need your OWN money to do this.
To be a successful business owner you must develop all the high-income skills I always talk about.
If you don’t have those then start developing those first.
Your business is likely to fail without them!
If you have a business but aren’t yet to the level you would like to be, or feel you should be at, then likely it’s some of these high-income skills that you are missing.
People tell me all the time that they have $25k or $50k to invest but they don’t know the best place to invest it.
What they really mean is that they don’t trust themselves to make the right choice for their money.
They are scared they are going to make the wrong decision, or they don’t trust the options they have.
And they should feel this way because without the proper knowledge and experience they are gambling with their money.
That is because they don’t know what a good investment looks like.
I used to feel the same way.
How could we know the best place to invest if we don’t have the experience or skills to make an educated decision on what a good business looks like, or a good investment is.
Being in business for yourself first will lead you to be able to make good investment decisions later.
So, I always tell them what my mentors told me.
Invest the $25k or $50k in yourself first.
This will give you the skills you need to go to the next step, and it will give you the biggest returns of all!
Then, when you get to the level of true business ownership you will be able to take the lessons you have learned from being a business owner to invest the cash that
you earn into other businesses or assets that multiply without you trading personal time for a paycheck.
You also can do this inside of a growing business you are already a part of if you are valuable enough or the business model has franchising options like mine.

So, the path looks like this.
Develop high-income skills…….
Buy or build a business…….
Build the business to cash flow your life and to invest into more assets (businesses, paper, real estate).

Paper Assets
It’s much easier to understand what people mean when they say they own a business, but what does it mean when they say they own or invest in paper assets?
What is a paper asset?
These are investments in pieces of paper that define ownership of an asset.
Classic examples of investing in paper assets are stocks, bonds, money market accounts, mutual funds (IRA or 401k’s), or insurance plans.
These investments are very passive and typically provide very moderate returns.
These are the investments that take a lifetime to see real value from.
Therefore, these should not be the bulk of your plan to become financially free.
Let’s be real, who wants to work their entire life to hope they have enough money to retire one day?
I have never understood why you would want to save all your hard-earned money, live a boring life, Struggle each week and do a job you don’t really like.
All because you plan to “retire” at 65.
This is what most people call their “retirement and investment plan.”
Sounds more like a prison sentence to me!
But that doesn’t make all paper assets a bad strategy.
They just shouldn’t be the ONLY strategy you are aware of.
Experts in the equity markets with big funds are the only people who get rich in this category
and I will be the first to tell you that I am far from an expert in this area.
I realized early on that I needed a lot of my own cash and time to become wealthy with paper assets.
I did not have the cash and didn’t want to wait until my life was almost over and so
this was not the initial path for me.
But as I continue to earn cash flow from the other two categories this is a place, I now invest in.
I look for companies like Amazon, Uber, Netflix, and Shopify to invest in.
It is a supplement to my plan versus being THE plan.
Here are the pros and cons.

Pros

• Retirement accounts are very passive.
• Not likely to lose all your investment.
• Anyone can find these options.
• Can be easily liquidated for cash.

Cons

• Low returns and take a lifetime to make progress.
• No control in how the company you invest in performs.
• No leverage to borrow money or raise money to buy these.
• High fees and commissions to buy or sell these.

Real Estate
Here is what is important to realize about real estate.
There are two types when it comes to investing.
Passive and Active.
For real estate to be a true asset and not a liability (regularly take money from you) there must be
someone behind it that runs it like a business.
It doesn’t have to be you but that’s the difference between passive and active.
The same is true for paper assets above.
The paper typically results in a share of ownership in a business that you aren’t involved with and the same is true for real estate if you invest on the passive side.
However, if structured properly you can still benefit from a lot of the tax advantages that real estate has to offer as a hard asset that you can’t get as a paper asset investor.
Owning a business also can provide these same tax advantages and you can be either passive or active.
These advantages lead to more cash flow for you.
Real estate investing is a business, and the product or service is the renter who is paying for a place to live or a business that needs a building or piece of land to occupy.
There is much less complexity in a real estate business than most other businesses but that doesn’t mean it’s easy to own or operate.
It is not and it takes a strong foundation in all the high-income skills to increase your chances to succeed.
From an investing perspective, it is less risky because all people and businesses need a home/shelter.
This isn’t the case for most other products and services.
The masses don’t all need what you have to offer.
If you were going to blindly gamble as a passive investor in any of the three categories listed here, then
this would be the vehicle to choose.
I highly recommend you DON’T’ do that but there is a reason that more millionaires in this country made their money in real estate versus any other one industry.

Let me end with sharing why learning to make money is so critical.
Here it is……
FREEDOM!
The highest dividend your money can pay is the ability for you to control your time.
Time is our most valuable asset.
Not the house…
the cars…
the jewelry…
or any other material item.
It’s FREEDOM with your TIME!
Our money or some that we raised or borrowed, if used properly can buy us time
and no one taught us this.

UNTIL NOW!

Don’t sit on this knowledge.
It’s life-changing!

Talk Soon,
Bobby 

Happy Friday!
I am back this week after spending a few days with 100 multi-millionaires and one who sold his businesses for $1 Billion Dollars. Yeah, that’s mind-blowing!
I am excited to share many of the conversations I had and the information I learned.
To listen to how the people in this group think and talk is inspiring, motivating, and EYE-OPENING.
It reminds me of how important it is to surround yourself with people who force you to level up.
To engage with people who can connect you with others and expand your mind.
I spent some time with Dan Fleyshman, Bobby Castro, Jordan Belfort (Wolf of Wallstreet), Dave Meltzer, Tim Grover, and many more high performers specializing in Real Estate Investing, Franchising, Amazon Sales, Coaching, Apparel, Digital Marketing, Manufacturing, and Crypto.

One-on-One Conversations

I hung out with Rob Dial for several hours as he shared with me how he built a seven-figure podcast called The Mindset Mentor. He explained how he uses a specific strategy to sell advertisements during the middle of his podcasts versus the beginning and the end because more people have already set the phone down to work out, etc., and are less likely to skip through them.
This makes these ads much more valuable.
This strategy was news to me, but it makes perfect sense!
He also discussed his current financial negotiations with an agency that wants to tie his podcast contract up for many years and his feelings about that.
He isn’t going to allow it and is going to bet on himself in the future.

AND…
I had a long conversation with Rebecca Zung who is “the attorney to the stars” and now is selling books and courses on a very specific niche.
She is now known for training people how to negotiate with a narcissist.
I would have never thought of this niche but now I see how so many people could use this!
She was recently on Ed Mylett’s podcast and has so many good life lessons to learn from.
We have all heard the saying….”the niche is what makes you rich.”
Check her out on his podcast.

We heard from Kent Clothier, Bobby Castro, and several others that have done over a Billion in real estate transactions about where they are investing in real estate to protect against inflation.
Kent and Bobby look for high-class multi-family real estate in “red” sunbelt states that are landlord-friendly. They avoid investments in California and other states that have eviction moratoriums… and Bobby was even INCREASING rents during Covid lockdowns.

BTW…the Supreme Court just overturned Biden’s rent moratorium and this will change the real estate market over the next 6 months in a big way!
There will be many foreclosures and vacancies coming.
Property will be able to be purchased at a lower cost.

Other attendees recommended going to your bank and renegotiating your mortgage or refinancing, if possible, to get a fixed, 30-year loan at the lowest possible rate. You’ll be paying back the loan over time with inflated dollars, and you can invest the money that you didn’t put into the house to make higher returns. Also, finance income-producing properties also using fixed interest rate loans. These could be rental properties or land. It is the same reason as above, and the benefit is that land is a fixed asset.

BUT…

Dan Fleyshman, a money genius, great investor, and one of the most connected people I know, also said, “I’m investing in more businesses than ever.”
I sat with Dan for 2 hours as he talked to me about how he has angel invested in 37 companies and none of them have gone bankrupt to date.
He then reached out to the table and “knocked on wood.”
I was shocked at this and eager to learn his strategy because this track record is unheard of in angel investing.
He then proceeded to explain to me how he does it.
Some of the information was brilliant and was completely new to me and some I was very familiar with.
The bottom line is he doesn’t invest unless the company already shows strong sales numbers and he feels good about the leader of the company. Many angel investors place capital before any sales are made. Big mistake!
Sales and revenue will prove the population’s demand for the idea. Plus, businesses, services, and products at the core are all about the people behind them. The jockey, not just the horse!

Another expert said: “The most important thing that we can do to grow our wealth during inflationary times is to be investing in the highest growth industries and in companies that have highly differentiated products and services that are disrupting their respective markets.”
“…companies that can grow at rates that are far faster than the economy and the rate of inflation. Doing this keeps us ahead of irresponsible monetary policy. And it will continue to generate real returns that not only help us preserve but grow our wealth.”

One of Dan’s connections was last night’s celebrity guest, Oscar De Le Hoya, the Golden Boy of Boxing, a former fighter turned promoter with a net worth of $200 million.
Oscar warned about the temptation to remain set in the “old ways” of doing things… boxing promotions followed a formula for decades…
But Oscar realized if he wanted to remain relevant, he had to build a social media team, and he had to be open to crossover fights – with MMA or Internet celebs like Jake Paul.

You can either cry or moan about how the world is changing and live with fear…
Or you can be part of the change in the world so that you win the fight for health, wealth, and prosperity.
Don’t sit on the sidelines.
Overcome all the obstacles and….
make sure to be on the right side of history?

Talk Soon,
Bobby 

Did you see last week that our Administration is claiming to reduce taxes for all people who make less than $400k per year and then plan to make up the loss of tax revenue by taxing the wealthy and businesses?
This is a failing strategy for several reasons but let me share a couple.

1. This leads to all products and services going up in price. Businesses don’t just take a hit and move on. They raise prices and reduce expenses and that means gas, bread, iPhone, cars, etc. go up, and thus it’s an unseen tax on the people this administration claims are getting a reduction.
2. All people are overtaxed as it is. The government needs to learn how to manage the money they have, and they would have more than enough if they could do so. They don’t know how to do this, and more money won’t solve their problems. Raising taxes only leads us into deeper water as a country.

Now that we know the government can’t save us, its time to strategize how to save ourselves.
The fastest way to make more money is to keep more of what you have already earned by reducing your tax liability.
A.K.A the amount of taxes you pay to the state and federal government.
I don’t mean by evading taxes.
That is illegal.
I mean you should study the legal ways the government incentivizes us for making certain financial decisions that ultimately end up benefiting the economy and thus, the government.
Much of the tax code is written to give deductions and credits for specific behavior.
The IRS knows that this behavior will be good for the economy and end up creating more tax revenue.
For example, if you buy a piece of equipment for your business, they will give you a deduction because they know your business will provide products or services that they can tax.
They also know that it will create more jobs because the equipment you are buying was created by someone who paid taxes on the wages they made while creating it.
See how this works.
They want more worker bees making more honey.
BTW….” equipment” can mean a lot of things.
My airplane and my new corvette are a piece of equipment and tax-deductible for two different businesses of mine.
I bet you like the sound of that!
I know I do!
These also happen to be assets and not liabilities like most “toys” are.
More on that another time.
The decisions that you can make will position you to pay less in taxes and build or acquire assets that make you more money.
When we look at investing, we usually look at what the percentage return on the investment we are making is.
If you are in the stock market you are looking at around 8% average returns.
But you get killed on the gains when you take them, and you get little to no tax deductions.
It’s not horrible to have some investments in the market but it’s not the most advantageous, either.
I like investments that can reduce my tax payment for the year, so that I immediately make more money, by paying less in taxes.
This is guaranteed money.
Guaranteed money equals NO risk.
So, part of the investment is no risk for me and makes me money and that leaves me analyzing the other part.
How fast will I have my original investment back and what are the chances the investment will fail.
Look, any investment you make with your cash has some inherent risk.
The stock market, 401k, real estate, crypto, or businesses, they all do.
Some much more than others.
But any investment that has more risk also has immediate tax benefits, that
automatically hedges the risk of the investment and puts guaranteed cash in your pocket.
That is how to win in investing.
That is how to build wealth.
Owning or investing in businesses, real estate or both is a great way to do this.
Another great advantage to these investment vehicles is you can use very little of your money to
get involved if you develop the right skills and are willing to manage the deal.
Banks love to lend money for these and people love to invest with others who will manage them.
Learn about taxes and learn about investing and you will have the tools to become more financially free.
Don’t follow the masses in believing we should all pay our fair share in taxes.
That’s what they want you to believe so they can keep abusing your hard-earned cash.
Most all income earners above the poverty line are paying more than they should.
Our country was founded around the idea of ZERO taxation.
Reducing your tax liability is what you should do to provide the most value to our country.
Freedom, Patriotism and Capitalism are all the American way and the foundation of why our country is great!
People who are educated on taxes and investing use their money to create businesses, make investments or buy products and services that all create jobs and pump up the economy.
You must learn how to use your money to make your city and state a better place to live and not rely on the government, who is proven to be as good of managing cash as a teenage kid.
Don’t get me entirely wrong here.
I believe paying taxes is a good thing and will provide for a more civilized society.
My issue is that it’s completely abused by politicians and because they can’t manage the revenue, they have coming in they continue to have to take more, and it becomes criminal-like.
Everyone at a high level in business knows this system is upside down and backwards and so they learn to play by the rules but reduce their tax liability each year.
Find these people and learn from them!
It could increase the amount of money you make this year by up to 30-40%.

Talk Soon,
Bobby