so let's talk about making more money
and having more time right I mean after
all that's what you and I are after
whether you're in real estate investing
or you're looking to grow your business
whatever may be we want more money in
time so that we can go and enjoy life
experience more of it and we can go
travel if that's your thing now but
those don't know me my name is Sam
quantum of I'm a roast investor when the
father's and my brother and I have been
very fortunate us to have acquired over
75 rental units in the last three years
now part of what allowed us to get to
the 75 rental units and attract money
and time the relationship is our is our
understanding of how valuing Amin works
so this is a concept that I did invent
right it's something I discovered over
time and pieced together to where I can
explain to you guys in a fairly concise
manner so I love drawing and I love
visual representation of things so I'm
gonna go ahead and draw to express what
value economy is by understanding this
you guys can actually take one step
further in not only creating more money
in time but also having more of pretty
much anything that you want so I'm gonna
draw a circle right here and its value
and the outside bigger circle there are
different pieces to this about this
definition of value or at least my
definition of value so in value you also
you have money you have time which is
two of the things that we want more of
for sure you also have relationships and
you have knowledge now let's look at a
typical business right let's talk about
McDonald's right very successful
business maybe not the best food just my
opinion right but let's look at
McDonald's business through the lens of
this this theory this concept of the
value economy now notice that the time
is an equalizer everyone has equal
amount of time it's just matter of how
do we get it so that
can spend less doing on things that we
don't want to be spending our time
timing right as you know working or
doing chores we don't want to do any of
that right it's kind of boring so we we
won't have we want to have more time but
time is a great equalizer McDonald's
have the same amount of time that we do
but one thing that McDonald does
different different is that they
leverage relationships right they hire
employees they hire managers they hire
CEOs executives or officers that run the
company so it's not just one person
running McDonald's it's several
different team in fact thousands of
thousands employees work from McDonald's
to where now they can use other people's
time to be able to create more moolah
right and money
now of course McDonald has knowledge
they know how to make the burgers they
have recipes they have proprietary
secrets but they also have knowledge as
to how to best find a location to put
their next door in they also have the
knowledge as far as marketing sales
right those are all important factors to
running a successful business now if
you're looking through this if we're
combining all these three things time we
have in conjunction to relationships and
knowledge they are they can now go
bringing customers to where they're
paying money for the food now let's
apply this to real estate how do we make
more money in Roe's state especially if
we don't have anything you mad at you
might have been like me starting out as
a college student 22 years old zero
money broke eating out of the dumpster
and Dunkin Donuts right so you might be
in a similar place and you just you just
feel like you're stuck you're
unconcerned you're unclear as to how to
best move forward not only finding the
deals but raising money because quite
frankly a lot of us weren't born with
millions of dollars in our hands so you
might be wanting to get into real estate
investing but don't necessarily have the
relationship the knowledge and the money
to do so but luckily you do have time
again going back to the great equalizer
everyone has the same amount of time so
one of the things that I've done and
I'll share with you as far as what I've
done in my journey over the last four
years being in this business of being a
roast investor the first thing that I
did is I went and acquired as much
knowledge as possible so the step one
was not
in fact what I have to do is I have you
know just enough money to be able to go
and buy a program training program for
me to acquire as much knowledge as
possible now one thing that I did if you
notice there was a little bit of a
complication there another variable is
that I could have gone straight to the
knowledge right Google things I could
have done my own research without having
the money being involved right but
because I added money I actually traded
whatever I had and here for more time
because I was able to pay for program
now I can gain relationships with the
mentors the training that the
instructors write the experts in that
field to give me to give me the
knowledge so I traded money for not only
for knowledge but I also traded for
relationships right so I was able to get
relationships who had the knowledge to
give me the knowledge so now I possess
knowledge but at the same time I have a
little bit of relationships because I
have people that I know from the program
now if you're doing this without having
to pay a program or pay pay per mentor
obviously you're gonna have to spend
more time you have to spend actually a
lot more time to get the knowledge so
money was basically like a fertilizer
right I was able to add money to the
time to where I can get knowledge even
quicker by me having to go on and do my
own research myself it may may take a
little bit more time and I may not have
had to build relationships so the second
piece of this is you need to be able to
go out and build relationships right not
only with sellers and buyers attorneys
you know you also have to have an
accountant right maybe a realtor to
assist you with doing some market
research relationships are huge but if
you're looking to raise money if you're
looking to raise capital and that's
challenge for you and I'm not having
money as a challenge then you're gonna
have to go and find individuals that do
have the money that are looking to
invest their money in real estate so the
big thing is if people if your private
money partner or someone that you're
looking to work with to raise their
money and they have the money sometimes
they may not have enough time they may
not have they may not have as much
knowledge as knowledge as you do but
they may have other relationships so
what you're doing is you're leveraging
relationships with the people that do
have the money so that you can take that
money and then ultimately investing it
into real estate whether that's you know
rental properties or a fix and flip
right so now we have relationships that
have the money - step 3
create more income through doing deals
buying whole rental properties and
ultimately you'll get more money back
which and then you can reinvest that
into into time - where now you you can
hire out doing chores right so if you
hate cleaning your house and you can
when you have money currency when you
have money value you can pay someone to
come clean your house or pay someone to
do your chores take your clothes to dry
cleaning or some other mundane tasks
that you may not want to do but it's
really important that you you understand
this this economy of value because money
just doesn't get created by time alone
and unfortunately that's a lot of a lot
of what the society is doing right now
right they just go exchange your time
directly to the money right a hundred
percent of time is just going straight
to dirty through their jobs
training their precious time for for
money but what wealthy people do is that
they know these two knowledge and
relationships are variables that can
change how they can earn money so get
more knowledge and get more
relationships into your equation that we
can leverage it to have more money being
created right so this is why we like to
call it talk about OPM right other
people's money right you gotta have
relationships but if you know if they
need to create trust with you you gotta
have knowledge because how do you know
you know how do they know that you know
what you're doing
right if you are if you don't know
anything about real estate investing why
should they invest your money with your
project or with your deal or partner up
with you so knowledge is a big thing and
people who are wealthy people who are
rich they're looking for people who have
a knowledge and leveraging you know that
person with the knowledge and their time
so that they can create more money this
is how partnerships are formed and this
is why teams work together because
we all have different proportion of
these currencies so right now you may
have a lot of time but not a lot of
money and not a lot of knowledge and how
do not a lot of relationships so you got
to go out there and start creating
knowledge and relationships for yourself
right it may cost a little bit of money
but you're investing in things that are
non tangible and and they're a lot of
them are permanent now I'm not Kansas I
can't say relationships are permanent
because you may you know friend and
friends and militia may come and go but
if you invest in something that no one
can take away from you right knowledge
you can then attract relationships that
have either more knowledge or have more
time or time and the money right
ultimately you want to have you know
millions millions of dollars of cash
flow coming in every month to where you
have both money and time so that you can
go and travel experience more alive you
know be free and independent have
control over your situations and get to
choose right rather than having to be
chosen upon that's what this value
economy can help you understand and and
kind of give you an assessment of where
you are so I know this isn't necessarily
exact tactic or strategy as some of my
other videos you know what some of my
other videos talk about but I think this
is really fundamental and really
important to understand because if you
don't know how this works you can you're
basically running on a treadmill
thinking that you're working really
really hard but you're really not going
anywhere much so guys if you have any
other questions or thoughts opinions
something that you want to add on to
what I've said or maybe I've said
something that that needed more
explanation and you want to ask me a
question go and leave your questions and
comments down below we'll love to chat
with you we're pretty responsive there's
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respond unless it's really Mormon and so
um but leave your comment the questions
that below will love to chat with you
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