In this episode of Create Wealth Through Franchising Kim Daly dives into an eye-opening discussion with Joey Mure of Wealth Without Wall Street, where they challenge traditional mindsets around retirement planning and financial freedom. Together, they advocate for alternative strategies beyond the typical 401K investment. Joey explains why 401Ks may not be the optimal vehicle for achieving true financial independence. He highlights the limitations of 401Ks, including restricted access to funds and their inability to generate passive income—two essential elements for anyone seeking financial freedom. Joey breaks down the concept of financial freedom, defined as passive income exceeding monthly expenses. He then introduces listeners to the Wealth Without Wall Street framework, which focuses on setting clear financial goals, creating a personalized investment plan, and surrounding oneself with a supportive community and mentors.

Also in this episode:

• Traditional 401Ks lock your money until retirement age, preventing access to funds for current investments or side hustles.
• Passive income should exceed your monthly expenses, allowing you to achieve true freedom and not just delayed retirement.
• Invest in assets and businesses today to build a life of abundance rather than postponing enjoyment and critical life events.

Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income provides readers with a practical and transformative guide to breaking free from the constraints of traditional retirement planning. Read more here - https://a.co/d/0ei9bEQ

Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation.

#franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment

In this episode of Create Wealth Through Franchising with host Kim Daly, Dr. Buck Joffrey shares his remarkable career pivot from a neurosurgeon to an entrepreneur and real estate investor. Kim Daly invites Dr. Joffrey to discuss his transition from a medical career to running successful businesses and exploring real estate syndication.

Together, they dive deep into actionable strategies for investing in real estate and entrepreneurship, offering valuable insights for high-paid professionals looking to diversify their portfolios. Dr. Joffrey highlights the importance of understanding different business models, the dangers of operating without full knowledge, and the critical role of making smart real estate investments that can weather economic shifts, such as rising interest rates.

Also in this episode:

• Despite various investment models, Dr. Joffrey highlights the resilience and returns of real estate, noting it works well for long-term wealth incubation and growth.
• The discussion covers the impact of interest rate fluctuations on real estate investments and how high rates present opportunities for astute investors.
• Dr. Joffrey offers a free course packed with financial literacy lessons vital for high-paid professionals aiming to navigate their investment journey effectively.

Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation.

#franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment

In this episode of Create Wealth Through Franchising, host Kim Daly interviews Mark Podolsky, "The Land Geek," as he explores land flipping for passive income. Mark shares his transition from investment banker to successful land investor, explaining his strategy of buying undervalued raw land and reselling it for profit. He outlines how this model creates a steady passive income stream and is accessible for investors with varying time and capital. Mark also emphasizes the importance of due diligence, outsourcing, and mitigating risk through high-margin investments.

Also in this episode:

• Investing in raw land yields significant passive income by buying undervalued properties and selling them at higher prices or creating installment sales.
• Starting with as little as $5,000 is feasible, although resources and strategies are available for those with even less capital. Leveraging virtual assistants and other experts is crucial in scaling the business without overwhelming yourself.
• Proper due diligence and buying land at a discount mitigate potential risks and ensure profitability. Understanding your market, following comparable sales, and knowing the terrain is vital for successful land investment.

Interested in exploring franchise investment opportunities? My franchise consulting services are totally free to you! Email me right now at inquire@kimdaly.tv to start the conversation.

#franchising #franchiseconsultant #franchise #beyourownboss #bossup #investmentopportunity #alternativeinvestment #entrepreneurship #2024investment