If you already understand the time value of money very well, maybe you send this to your investment partners or your staff who may need a refresher on this very important financial topic. Maybe they’re about to send their own money, or your own money, away to Wall Street for pennies on the dollar and you’ll end up doing something you regret. This episode is gonna help put you at ease with the time value concept and clarify some ideas that maybe you aren’t so familiar with. Knowing if you’re gett...
Oct 25, 2024•31 min
Kelly starts of this episode by talking about an investment filter and asking “Which way does the cash flow? Does it flow away from you or toward you?” This is an old tip given by Robert Kiyosaki, author of Rich Dad Poor Dad. Cash flowing toward you helps you feel good and gives you relief, freeing up financial strain and giving you freedom to expand your attention to other areas of your business or life. Always ask yourself these questions 2:15 You feel wealthy when cash flows toward you 3:30 T...
Oct 24, 2024•19 min
What on Earth is EBITDA? It’s an accounting measure that’s calculated using a company’s earnings before interest expenses, taxes, depreciation, and amortization are subtracted as a proxy for the company’s current operating profitability. This has become a very popular form of measurement for valuing investments over the last 20 years. What did the owner make after ALL the vendors got paid? Join Kelly to hear more about this concept today. EBIDTA fails to account for all earning potential 3:00 Se...
Oct 24, 2024•19 min
Today we look into the future, as we often do on this podcast, and part of Kelly’s job is to keep you updated on the best modern investments and the new changes coming to the market. Today’s topic is flying cars, also known as air-taxis, aerial vehicles, or air transportation. Vehicles are going up into the air to fly above us. They use a combination of electric propulsion and vertical takeoff and landing, which provide a revolutionary takeoff and landing, and efficient short to mid range transp...
Oct 21, 2024•28 min
Today Kelly is talking about building or remodeling in a historical district or zone, depending on where you live, but there are historical zoning laws that govern the comings and goings, and remodelings of all historical structures in the communities in which you live. When it comes time to remodel or refurbish these old buildings, one will have to navigate these laws and this episode will help you learn what it is like to remodel a home or property within a historical zone. An example from Kel...
Oct 15, 2024•20 min
If you’re in business and you sell a premium product, package, or version of your product/service, do yourself a favor and do everything you can to make it feel premium to those you serve. Most companies mess this up. You also need to be very clear to your customers about what is premium. If you’re out buying a sports car, you might go and look at a car with an introductory trim, which is your base model with only the basics, but there will inevitably be a fully loaded car in the show room with ...
Oct 11, 2024•47 min
Today Kelly is talking again about his bookshelf and you’ll get an inside look into what Kelly Maxwell has been reading and what books he most recommends. These are the same books that have helped him along his journey to financial abundance, which if you take the time to read, you will greatly benefit from. Kelly is an avid reader and he considers books to be his teachers and mentors in his career and life. The word is more powerful than the sword in influencing thought. A great book can really...
Oct 09, 2024•1 hr 2 min
In this episode you’re going to get an inside look into Kelly’s personal bookshelf, the things he reads to run his businesses and to build his empire so to speak. If you’re familiar with Kelly’s story, you’ll know it’s one of these rags to riches types of story where he didn’t grow up with wealth or any advantages. He grew up in a lower middle class American family in a small cabin in the woods of Alaska. He had a very loving family and good upbringing with parents who did well enough in their o...
Oct 03, 2024•49 min
In this episode Kelly had the opportunity to speak with special guest Abi Hookway of Touchstone Education. Abi is a passionate property investor who transformed her life from an unfulfilling corporate career to becoming a multi-million-pound investor within five years. She specializes in various property strategies and now shares her expertise through mentoring, books, and seminars to help others achieve financial freedom. Abi is committed to guiding both new and seasoned investors to unlock opp...
Oct 01, 2024•43 min
There was a social media post in which an American football player posted a picture of a Bugatti parked in a trailer park and was trying to send a message to his team about being held back and him being a very star player, playing in a market where he could not shine to his highest capacity. Kelly saw this story and began thinking about how this story could be interpreted as if it were about investors. Do you ever feel like you’re a Bugatti in a trailer park, and that you have what it takes to c...
Sep 27, 2024•10 min
In this episode Kelly talks about the heated debate of buying vs renting, which debate rages today. There are many people who are very passionate about either of these sides of the issue, and as a disclaimer, Kelly has done both and believes there are benefits to doing either one, which he will go over in this episode. It’s really not necessary to debate this. The decision to rent or buy might be primarily financial, but your lifestyle, goals, or future plans should also be a factor in whether o...
Sep 27, 2024•21 min
If you’ve already owned 20 homes and you’ve got apartments and commercial real estate, then you’re beyond this house buying stuff. However, if you, your son or daughter, or someone you care about is seeking to buy a home for the first time and needs to hear what the process of buying a home looks like, go ahead and send this podcast to them, and get them asking themselves these key questions about investing in their first home, or perhaps their next home. Before you buy your next home 1:20 How m...
Sep 26, 2024•17 min
If you’re a green, first time buyer, and you feel you really need help and tips for buying your first home, this episode is for you. If you’re experienced in real estate, you can send this episode to a friend, a loved one, or just listen for review. Buying a house these days is quite the achievement, it’s stressful and a lot of work to find the right place, having to talk with agents, learn about the law, and what your commitment will be once you buy. The type of transaction of this magnitude is...
Sep 26, 2024•18 min
If you currently own some commercial real estate, you’re likely very familiar with the problems that face your current investments. Kelly also invests in the commercial real estate sector, developing hotels, which is a little different than commercial office space, but he realizes that people who tune into this content are looking for ways to expand and protect their portfolio. So listen up, this episode is for you! And if you’re not invested yet in commercial real estate, even with the market b...
Sep 20, 2024•38 min
Today Kelly is looking into the future and talking about artificial intelligence and tech in the real estate industry. AI is the science of making machines that can think like humans and can do things that are smart. This technology can process large amounts of data unlike humans are able to, which will allow machines to recognize patterns and make decisions or judgements like humans would, or even better than humans would. This tech is being used to be able to effectively predict the market. Ge...
Sep 19, 2024•9 min
Every once in a while Kelly gets this question where people ask him for the secrets that they don’t want people to know, or what the information that isn’t very relevant to the commoner, so they don’t get shared often. This episode will go over that and Kelly dives into 5 hacks that the savviest real estate investors use to succeed. He tells secrets like how you can avoid paying capital gains taxes after selling properties and making a large lump sum of money. Join Kelly in this episode to hear ...
Sep 18, 2024•13 min
In this episode of the Second Life Method podcast, Kelly talks about dialectical thinking in business and in life. What this actually means is more or less the ability to consider conflicting views as both being true, such as it’s Spring and it’s snowing. One example Kelly gives is Disney and Pixar, who both were creating children’s entertainment, but seemed to have values that were at different ends of the spectrum early on. Because of a dialectic thinker, they were able to bring the two studio...
Sep 13, 2024•15 min
This is something Kelly has a fair amount of experience with and is still working on this aspect of his life. Most of the work is done, but he’s still peeling back the layers, but Kelly wants to talk about business as a transformational journey and just how to connect with yourself, know yourself, make the decision to open a business, start investing and using your hard earned capital to increase your chances of success. Business is a transformational journey and really pushes you to transform y...
Sep 11, 2024•10 min
In this episode, Kelly talks about taking the leap into business. A lot of people talk and fantasize about the idea of leaving their job and diving into a business venture, but that always seems like a daunting task, especially to someone who has never tried it before. There are people who feel that deep yearning for change, things are getting dull, and they just want more excitement and challenge. The dead end job you have and that feeling of dread you often have before you have to go in to do ...
Sep 11, 2024•9 min
In this episode, Kelly talks about things you must know before investing abroad, because if you’re like him, you’ve been on that airplane, you land at the airport, you get out there and are hanging out in paradise, and then you think about the possibility of investing there. There seems to be this visceral, deep desire for people to get out into the world and experience travel following the pandemic a couple years ago with a booming, growing market in the travel and tourism sector. 2LM is commit...
Aug 28, 2024•32 min
On this episode of the Second Life Method Podcast, Kelly dives into the entrepreneur's journey. He talks about the importance of taking the leap from employee to entrepreneur, especially in anticipation of upcoming economic growth. He goes over the distinct differences between employees and entreprenerus, such as working hours, income potential, and tax benefits. Taking the leap from employee to business owner can be daunting but can also lead to higher earnings, improved mental health, and a br...
Aug 23, 2024•49 min
In this episode Kelly Maxwell shares a part of himself and who he is, going into questions he gets asked all the time like if he follows a specific diet, gym routine, morning routine, sports, and just staying in shape to keep his vitality up and continue being successful. He divulges what he’s passionate about in business and life, which includes things like languages and creating businesses that work, helping others to succeed and to experience financial freedom. He dives into cashflow investin...
Aug 16, 2024•1 hr 32 min
Join Kelly for part 2 of his series exploring the benefits of the 2LM franchise system. On this episode of the Second Life Method podcast, he dives into his mission to create $1 billion in wealth for his franchisees over time. He talks about what that means for the franchisees using his system and the details of attaining such a goal. If you've ever considered owning a franchise or simply want to learn more about this side of the business world, tune in to hear what Kelly has to say! You don't w...
Aug 08, 2024•49 min
This episode is part 1 of a 2 part series on Kelly’s franchise system 2LM (2nd Life Method). He talks about the 5 ways in which 2LM is different from other franchise systems and how it can uniqely help you create value and wealth for your life. In part 2, Kelly will talk about his own career, his base business and how he built it, as well as how he became successful. He goes into the details of his story with touching experiences from his life that helped shape him into the business man he is to...
Jul 27, 2024•48 min
On this episode of the Second Life Method podcast, Kelly dives into the differences between commercial and residential real estate. He talks about the various forms of commercial investing like retail, multi-family apartments, storage facilities, flex space, industrial real estate, and much more. Kelly discusses triple net leases, a.k.a. cream of the crop commercial real estate investing, which should be at the top of prioritites for serious real estate investors. He also delves into financial h...
Jul 15, 2024•1 hr 5 min
In this episode of the Second Life Method Podcast, Kelly goes live in downtown Salt Lake City in a condo that has been stripped to the studs and remodeled with a luxury, Italian twist. Kelly speaks with Ryan Fogerty of Berkshire Hathaway Park City to learn about the listing. Ryan and his dad are heavily involved in Utah's real estate scene and the pair have been running that side of things for years. They chat about Park City and how it became the ideal destination for athletes, celebrities, and...
Jul 02, 2024•31 min
Today we have an extraordinary episode with the largest franchisor of all Australia, Jim Penman, a very talented, unassuming guy. He has 50 different sectors that he’s in currently and over 5,000 franchise units and growing. With the most Australia is the most franchise-rich country in the world with the most franchisees per capita, so Jim has made an enormous name for himself, and at the same time he’s still a very personable guy with a large family. He is an author of several self published bo...
Jun 25, 2024•45 min
On this episode of the Second Life Method podcast, Kelly meets with a special guest, Giuseppe Grammatico, who is an expert in the franchise space. Guiseppe's a smart guy who has spent time on Wall Street and has been involved with franchising for over 20 years. He shares some exclusive insights about franchisees and franchisors who sell their business to other franchisees. They talk about some of the ways that franchisees can become financially free while also searching for and taking advantage ...
Jun 18, 2024•40 min
Today Kelly talks about the 10 steps to owning a franchise. People have been asking him how to get into this exciting franchising thing, what franchising even means, how to get involved, and how to succeed at all in franchising, so he is taking you through 10 fundamental steps that you can expect when interacting with any franchisor or any successful franchise system that you’re considering getting into. The franchise interview 2:30 The FDD (Franchise Disclosure Document) 6:40 The material terms...
May 29, 2024•1 hr
On this episode of the Second Life Podcast, Kelly dives into all things franchising from both the corporate and the investor point of view. Franchises are extremely common and present an excellent opportunity for entrepreneurs because they attract serious people who want to branch out into the industry. He talks about the entire franchise vetting process and how a good brand's process will be very detail oriented and should align with a potential purchaser on multiple fronts. Franchising allows ...
May 28, 2024•38 min
