Listen in as Jim interviews Clifford Walker, a Texan and former truck driver turned successful real estate investor and philanthropist. Clifford shares his transformation journey, emphasizing the importance of mentorship, taking action, and the connection between health and wealth. He discusses his philanthropic efforts to feed the community and the significance of investing in oneself. The conversation highlights practical advice for aspiring investors and the mindset needed for success. 3 Key ...
Nov 26, 2024•31 min•Ep. 321
In this episode of Breakaway Wealth, Jim and Nick discuss the importance of understanding money flow and the concept of Infinite Banking. The conversation covers various aspects of wealth building, including tax strategies, the significance of liquidity, and the mindset required for financial independence. 3 Key Takeaways: The Core Problem: Understanding the ways money flows away from us. Jim and Nick explain why many traditional investment strategies miss this critical issue. Infinite Banking M...
Nov 19, 2024•6 min•Ep. 320
In this conversation, Jim and Nick explore the interconnectedness of vision, purpose, and self-discovery. They discuss the importance of setting fluid goals, taking actionable steps, and the role of teamwork in achieving personal and professional milestones. The dialogue emphasizes the significance of aligning one's values with their vision, living through a lens of faith, and the necessity of cultivating positive habits to foster growth and impact. 3 Key Takeaways: The Fluid Nature of Vision an...
Nov 12, 2024•26 min•Ep. 319
In this episode of Breakaway Wealth, host Jim Oliver engages in a conversation with Ben Reinberg, founder of Alliance Consolidated Group of Companies. Reinberg shares insights into his three-decade journey in commercial real estate, highlighting the launch of the Alliance Medical Property Fund. 3 Key Takeaways: Commercial Real Estate Marathon: Reinberg emphasizes that commercial real estate is a marathon, not a sprint. He stresses the importance of experience, transparency, and the ability to ho...
Nov 05, 2024•27 min•Ep. 318
Jim Oliver and Ben Reinberg dive into the dynamic world of commercial real estate investing, shedding light on how to navigate challenging markets with resilience and strategic insight. They discuss the pressing impact of inflation and the undeniable value of hard assets in today’s economy. Drawing from his extensive experience, Ben shares actionable strategies for wealth building and emphasizes the importance of leveraging expertise in this complex field. The conversation also explores hard mon...
Oct 29, 2024•45 min•Ep. 317
In this episode of Breakaway Wealth, Jim Oliver and Nick Kosko present the timeless principles of wealth building and personal development through Earl Nightingale's classic recording, 'The Strangest Secret.' Nightingale discusses the importance of mindset, the power of goals, and the transformative 30-day test that can lead to personal success and fulfillment. 3 Key Takeaways: Mindset Shapes Outcomes: Nightingale's central thesis is that "we become what we think about," highlighting the power o...
Oct 22, 2024•43 min•Ep. 316
In this episode of Breakaway Wealth, host Jim Oliver and co-host Nick Kosko explore the theme "Choose Your Hard." They dive into the challenges we face in life, the importance of perseverance, and how discipline shapes our success, both in personal development and faith. Drawing from personal stories, Biblical principles, and leadership lessons, Jim and Nick make the case for doing the difficult but rewarding things that lead to growth. 3 Key Takeaways: Perseverance in Hard Things: Jim and Nick ...
Oct 15, 2024•29 min•Ep. 315
In this conversation, Jim Oliver interviews Fred Moskowitz, an expert in changing directions in life. Fred shares his journey from being a computer engineer to discovering the world of alternative investments, particularly mortgage notes. He explains the concept of mortgage notes, the benefits of investing in them, and the differences between active and passive investing strategies. 3 Key Takeaways: Diversifying Income Streams: Learn how to avoid the risks of relying solely on your paycheck by e...
Oct 08, 2024•24 min•Ep. 314
In this raucous, no-bs conversation, Jim and Mark Kohler get into taxes - strategies, planning and the role of CPAs. Sound boring? This is anything but. Mark shakes up the status quo and talks about how business owners should navigate tax laws effectively, avoid common pitfalls, and use real estate for tax benefits. Mark hones in on personal responsibility with taxes, and the value of comprehensive consultations with tax professionals. 3 Key Takeaways: Importance of active involvement in tax pla...
Oct 01, 2024•38 min•Ep. 313
In this conversation, Jim interviews Paul Epstein, a keynote speaker, bestselling author, and podcaster. Paul shares his background in the sports industry and how he went from selling for underdog teams to becoming a confident leader. They discuss “winning Monday” and how important it is for success. 3 Key Takeaways: Winning Your Week Starts with Monday: Paul introduces the concept of "Win Monday," explaining how starting the week strong can build momentum and set the tone for achieving long-ter...
Sep 24, 2024•36 min•Ep. 312
In this conversation, Jim and Nick discuss the Economic Value Added (EVA) concept and how it can be applied to personal finances. They explain that cash flow is the key to creating wealth and that individuals should treat their cash as though it has a value. They emphasize the importance of understanding how a bank works and taking control of the banking function in personal finances. 3 Key Takeaways: Cash Has Value: Treating cash as an asset with inherent value, similar to how banks view money,...
Sep 17, 2024•20 min•Ep. 311
Jared Yellin discusses his work in Israel, where he acquires distressed software companies and provides them with cash and operational support. In a wildly innovative spin, he’s set up a 501C3 charity called the Innovation Bridge Foundation, which allows high-net-worth individuals and corporations to make charitable contributions and receive tax deductions. The charity then invests in the for-profit portfolio, Create Israel, which acquires distressed companies and turns them around. 3 Key Takeaw...
Sep 10, 2024•25 min•Ep. 310
In this conversation, Jim interviews Jimmy Song about Bitcoin and the problems with the fiat monetary system. They discuss the concept of exchanging time for money and how the government's control over money is a form of slavery. They also explore the potential future of Bitcoin and its impact on economies, particularly in developing countries. 3 Key Takeaways: Decentralized Digital Scarcity: Song explains Bitcoin as a unique form of decentralized digital money that merges the benefits of both d...
Sep 03, 2024•39 min•Ep. 309
In this conversation, Jim interviews Andrew Lucas, the founder of Deal Finders Club, about his journey in real estate investing and finding cash flowing assets. Andrew shares how he transitioned from a nine-to-five job in hospitality to building a successful real estate business. He emphasizes the importance of treating real estate as a business and finding cash flowing properties. Andrew also discusses the Deal Finders Club, which helps individuals find discounted real estate opportunities in t...
Aug 27, 2024•26 min•Ep. 308
In this conversation, Jim Oliver and Nick Kosko discuss one of the most foundational elements of financial freedom and infinite banking. They go deep into explaining the volume of interest paid over the lifetime of a loan, rather than just focusing on interest rates. They explain how volume of interest works, how financial institutions benefit from the volume of interest and how individuals can take control of this situation and reclaim lost money they pay to the banks. 3 Key Takeaways: Understa...
Aug 20, 2024•23 min•Ep. 307
In this conversation, Jim and Javier Heredia discuss the concept of Infinite Banking and how it has transformed Javier’s life. He goes on to share his personal story of overcoming a life-threatening accident and financial hardships, and how he was introduced to Infinite Banking. 3 Key Takeaways: Overcoming Adversity: Javier discusses his recovery from a severe accident and how this experience shaped his financial perspectives and resilience. Introduction to Infinite Banking: Javier details his i...
Aug 13, 2024•36 min•Ep. 306
In this conversation, Jim interviews Sharad Mehta, a real estate investor and the owner of ReSimpli, a real estate software company. Sharad shares his journey into real estate and how he transitioned from being an accountant to a full-time real estate investor. He emphasizes the importance of freedom and independence in his decision to pursue real estate. 3 Key Takeaways: Pursuing Financial Independence: Sharad explains his motivation for leaving a stable accounting job to pursue real estate, em...
Aug 06, 2024•34 min•Ep. 305
In this conversation, Jim interviews Chris Van Dusen, senior partner at Solyco Capital, about his journey as an athlete and entrepreneur. They discuss the importance of having a mindset of resilience and determination, learned through athletics, in facing challenges and failures in business. Chris shares his experience of starting and scaling multiple businesses, including a CBD brand and a liquor distillery, and eventually selling them. 3 Key Takeaways: Athletics as a Foundation: Athletics can ...
Jul 30, 2024•59 min•Ep. 304
In this episode, Jim and Nick take us back to the basics, which is how the best become the best. They discuss the efficiency of cash value in life insurance and its relevance to Infinite Banking. They explain the different types of life insurance policies and their costs, such as term insurance and whole life insurance. They emphasize the importance of understanding the tools and ratios involved in constructing an ideal policy for infinite banking. 3 Key Takeaways: Understanding Life Insurance B...
Jul 23, 2024•27 min•Ep. 303
Palmy and Nancy Kitti, apartment syndicators and educators, share their journey from the fashion industry to building a $300 million apartment portfolio. With their brand of whip-smart focus, they boil down the business of raising money and attracting investors in the multifamily apartment sector. 3 Key Takeaways: The Power of Transition: Palmy and Nancy Kitti detail their shift from the fashion industry to real estate, emphasizing the value of leveraging previous experiences to succeed in new v...
Jul 16, 2024•38 min•Ep. 302
In this conversation, Jim interviews Corey Geary about his journey as an entrepreneur and his expertise in the cryptocurrency space. Corey shares how he got into real estate and how it saved his life, leading him to explore the world of cryptocurrency. He emphasizes the importance of treating crypto as an asset class and becoming a student of the industry. Corey also discusses the potential returns in crypto and the different ways to generate passive income. 3 Key Takeaways: Crypto as an Asset C...
Jul 09, 2024•36 min•Ep. 301
In this conversation, Jim interviews Jeremiah Broz, a serial entrepreneur, about his journey and experiences in business. They discuss topics such as persistence, hard work, and the importance of being an owner. Jeremiah shares his background in blue-collar work and how it shaped his entrepreneurial mindset. They also talk about the value of knocking on doors, providing excellent service, and the tension to create and provide. 3 Key Takeaways: Persistence, Tenacity, and Continuous Learning: Entr...
Jul 02, 2024•38 min•Ep. 300
00In this episode, Zach Lemaster shares his journey from being an optometrist to becoming a full-time real estate investor and co-founder of Rent to Retirement. He emphasizes the importance of taking action and not getting stuck in analysis paralysis. Zach explains the concept of turnkey investing and how Rent to Retirement helps investors build their own real estate portfolios in different markets across the country. 3 Key Takeaways: Strategic Market Selection: Zach explains the importance of i...
Jun 25, 2024•30 min•Ep. 299
This is the first drop in a new series: Breakaway Success Stories. These are episodes where Jim talks with CreateTailwind clients who have experienced extraordinary success by using infinite banking. In this series, we will explore how a person uses their infinite banking system, what lessons were learned along the way, what mistakes to avoid, what worked well, and take us through their own journey so you have real world examples of what a powerful system this can be for you. In this conversatio...
Jun 18, 2024•26 min
In this conversation, Jim and Evan Marks discover their common backgrounds and experiences in investing. They explore the importance of coaching and how it can help individuals overcome negative emotions that stand in the way of success. They emphasize the need to acknowledge and address these emotions to make positive behavior changes. They also discuss the role of affirmations and small behavior changes in reprogramming the brain and creating new experiences. 3 Key Takeaways: Mindset and Neuro...
Jun 11, 2024•46 min•Ep. 297
In this episode, Jenn and Joe Delle Fave share their journey from working 9-to-5 jobs to becoming full-time real estate investors. They started with one rental property at a time and eventually discovered creative financing as a way to scale their business without relying on traditional bank loans. They explain how they bought properties with little to no money down and negotiated terms with sellers, allowing them to cash flow and receive backend payments. 3 Key Takeaways: Creative Financing Mas...
Jun 04, 2024•34 min•Ep. 296
In this conversation, Jim Oliver interviews Brian Bogert, a coach and speaker known as the 'one-second psychologist' and 'heart surgeon without a blade.' Brian shares his personal story of overcoming adversity and finding his true purpose. He discusses the importance of moving beyond past traumas and limiting beliefs to create a vision for the future. 3 Key Takeaways: Waste to Wealth Methodology: Brian Bogert introduces the Waste to Wealth methodology, comprising five pillars aimed at uncovering...
May 28, 2024•24 min•Ep. 295
In this conversation, Jim interviews Chris Johnsen, a business lawyer and entrepreneur. They discuss topics such as trusts, estate planning, patterns of success, and the importance of mindset. Chris shares his journey from being a partner at a big law firm to starting his own businesses. 3 Key Takeaways: Patterns of Success: Johnsen emphasizes the significance of cultivating patterns of success from a young age. He reflects on his upbringing, highlighting the importance of frugality, financial e...
May 21, 2024•30 min•Ep. 294
In this episode, Julie Hawley, founder of The Conscious Investor, shares her journey from being a teacher to becoming a successful real estate investor and coach. She emphasizes the importance of health, mindset, and wealth in achieving true wealth and fulfillment. 3 Key Takeaways: Diversify Investments: Julie advocates for diversifying investment portfolios beyond single-family homes into apartment complexes and assisted living communities, offering greater financial stability and growth potent...
May 14, 2024•30 min•Ep. 293
In this episode, Jim sits with Tiffany Mittal, multifamily owner operator, and founder of Utility Ranger, discussing her journey in the real estate industry and the importance of PropTech. She shares her experience of stumbling into creating a solution for real estate investors with smaller portfolios who want to get a handle on their expenses. 3 Key Takeaways: PropTech Explained: Tiffany discusses PropTech as property technology, simplifying complex real estate solutions into user-friendly plat...
May 07, 2024•29 min•Ep. 292
