What’s up, podcast listeners? Now the changes are gonna be coming down the pipeline. For those of you guys who really like those monthly update reports, we are going to be stopping those. I’m sorry. Apparently people’s attention spans are super short these days. So what I’m gonna be doing on a weekly basis on the podcast is doing more of a really quick.
Five articles that I think pertain to real estate investors or investors in general for you guys. Add my commentary. So you’re gonna start to hear these podcasts on a weekly basis throughout the year. If you don’t like it, you can fast forward through it and then skip to the normal, routinely simple, passive casual flow, regular podcasts.
But that’s what’s gonna be coming down in the pipeline in 2023. If any other suggestions you guys have, what do you. What do you guys don’t like? Please let me know. T sensible passive cash flow.com. If you haven’t yet joined our investor club, what are you guys doing? We’re starting to make the first monthly payouts of 1% every month or 12% on annual basis which is structured around our pre equity plus fund or PET fund for short, which is essentially a debt fund, right?
It’s I think it’s the kind of the prudent strategy today. With interest rates sky high, where they’re at, it’s just hard to make deals, pencil, and I, quite frankly, I don’t know how people are making deals work. Actually. I do know how a lot of these newer operators who are trying to build a name for themselves and actually given the opportunity with all the big smart money like us who have over 1.2 billion of assets and ownership.
We’re sitting on the sideline. A lot of these newer people are willing to take chances and getting deals done. At this point in time for our investor group, I feel like the preferred equity approach, which is the debt side, is a little bit more of a prudent strategy at this point in time.
I saw yesterday that apparently inflation went down a little bit to 7% off the highs of nine. Good news. It seems like the Fed increasing interest rates is, seems to be working and, they just announced a half a percent bump instead of a 0.75 bump. So hopefully we’re seeing a light at the end of the tunnel.
. I’m still anticipating maybe at the summertime things really get going, you still gotta get your money moving, right? I’d say if you got several hundred thousand dollars of debt equity in your home, get that out as a HELOC put into infinite banking. Make money there.
And then also put it into something that is making you a nice, high single digit yield to arbitrage off that. For now or if you find great deals out there, put it in there too, but, , right? What are we talking today? Chris is gonna be on this show. A lot of our investors these days are more accredited investors, guys who not really care if they take gas from Costco, right?
And save 10 cents, 20 cents a gallon there. Or screwing around with, credit card hacking, all this type of stuff. Because why? Because after a certain point when your network gets passed, a million, $2 million, all these small ball types of things is really just burning up time and you start to realize time is more important to you than a lot of the cheaper things that I personally used to do, which I have a list at sy paso cash flow.com/cheapo if you guys wanna read that during the the Christmas break here.
Like what do you do when you’re trying to find that passion, but you also wanna align it with taxes for that combo. And this is, this podcast today is more for people around a million, million and a half net worth or less. Trying to find that passion, trying to find that EK guy and what is EK guy?
Something that you love to do, what the world needs, what you can be paid for, and what you’re good at. And this is very different than, something that you love. That you can’t really monetize, like pottery or some random hobby or golf for an example. What we’re talking about are things that you can monetize because the world needs it.
And I’m not saying money is the most important thing, but in our world, the way it works is you. When you create value for other people, you are typically reward with money. So it’s indicative of, or byproduct of one or the two. But this concept of Iki guy a lot of people I talk to these days are high paid.
Professionals, they make multiple six figures. . And sometimes it’s I hate to be a jerk man, but you’re probably better off staying at that high paid job, at least till you can hit your passive cash flow number of 10, 20, $30,000 a month and then just shut off the engines and, go garden and play golf from there.
For some people, they wanna take the approach of, and they’re really unhappy what they’re doing and for those of the people you. We have these calls, they may suggest, taking money outta retirement earlier than later and more aggressively. And there’s some other tax strategies to mitigate that in the meantime, but they just don’t like what they’re doing for work.
And this may be you guys out there and maybe this is a ponder this like how much more can you work at a job that, yeah, you pay get, you get paid pretty well, but you don’t really enjoy. And maybe that there’s some way you can find this concept of icky guy with some other side gig or hobby. That said, most of the people that listen out there are not business owners.
They, you guys don’t have any business aptitude. They’ll be one of, don’t wanna be offensive, but I just want to, state the office. Most people who start businesses don’t make any money and they don’t get anywhere. And, I guess what I’m saying is as I think of raising my own children, I, I think a lot of people say, yeah, you need to be entrepreneur.
You need to be, not be a another government or byproduct of the education system and work in a big company. , but I’ll be the first one to tell you. As a business owner, most people cannot run successful businesses. They don’t have the aptitude for it, and they don’t get lucky with some kind of traction out there.
They don’t, the business doesn’t sell anything. It doesn’t get going. There’s no traction. I think I’ve been blessed to create this simple passive cash flow podcast back in 2016. A lot of you guys seem to like it. But I consider myself very lucky to be in this position. We’ve hired staff to help me amplify the message, but most people never get to that point.
Just look at all like the spinoff of podcasts and YouTube channels these days. So I’m not saying that, don’t go after your dreams, but it’s gonna be no different. The message I send to my kids, which is, yeah, you can have your dreams, but By, you need luck for it to get traction.
But for consider the traditional path of going to school, studying hard, going to college, and working in a J O B, nothing’s wrong with a j o b. If you can save 25, a hundred thousand dollars a year to put to rental properties or syndications and implement these simple strategies that we identify for higher net worth, higher paid and accredited investors to acceler.
To financial freedom. And what we’re gonna be talking about today is this kind of concept of guy. Chris calls it the divine genius. How can you also find something that you like? Can you can maybe monetize it on the side and get a little bit of tax benefit side action there, right?
If you have a hobby that you turn into business and run through a lot of your personal expenses to it. That’s what we’re talking about today. And So again, thank you all for listening to the show this past year, and if you’ve been listening, in years prior, really appreciate it.
It’s allowed our group to, I think raise over 160, 170 plus million dollars that you guys have entrusted to us to purchase, well over a billion dollars of assets that we judiciously run on your guys’ behalf. And although the group has gotten. Still wanna get to know you guys, if you guys, we haven’t had that onboarding call, please book a call.
I’d like to see how I can help you guys out. That’s really what I enjoy. That’s my personal guy. I enjoy connecting with people on a one-off base and setting them straight. After that, you gotta join the mastermind group. I just don’t have time for, everybody and, hand out free advice.
But, if I can give somebody a quick 10, 15 minutes and compress learning cycles and putting ’em in the right path, that’s really what I see as like my gift to the world, or my divine genius as Chris calls it. But hopefully we’ll see you guys in Hawaii next month, January 13th to the 16th.
It’s not too late to sign up. We’ll probably be increasing the prices very early in January as we lock in our headcount, as I gotta pay the bill for all the cool events we’re gonna be doing and the great food and some other surprises. So if you that’s interest to you guys, go to simplepassivecashflow.com/2023retreat. And if not, thank you very much. And here is the show.
Today, we got Chris miles is going to talk about monetizing your divine genius myself. And that sounds a little bit to the normal, simple, passive castle listener. But trust me, this is going to be saving you on taxes at the end of we’ll come around full circle, but how’s it going?
That’s awesome. Wayne, how you been, man? Chris was on the podcast way back when, in August, 2016, we had to go back. That was podcast number 21. And I can truly say that Chris is a good friend of mine, and there’s a little bit of like show, business, podcasting, etiquette, where like he call everybody your friend.
But, and then maybe if you’ve met the guy before you call them like a good friend, but I’ll call you a true. I don’t know what that means, but that’s awesome. It means we’ve talked since then over the last three years. Yeah. We’ve talked at least twice. No. We actually talked pretty routinely, so we’ve done a bunch of work together
so today we wanted to do a podcast on finding your divine genius. And yeah. Why don’t you what does that mean to you, Chris? When you work with. Our divine genius is what is it we can bring uniquely to the table that no one else can. What is it that we can really bring to the world?
So combining our talents, our passions, or our values or mission and everything that combines us being who we are, the best version of who we are and using that to deliver the greatest amount of value to. That’s basically the easiest way to describe it. So I describe it, the same thing, but in a different term eeky guy, which is combining like four things, right?
I think a lot of us have heard this term combined with the three things it’s find out what you’re good at, find out what your passions are. And then something that you can make money with the fourth and final ingredient, which unites the. The power Rangers creating the Zuora on or whatever that thing was, is the, is it good for the world?
So I think you look at like my website and your kind of platform. It’s we’re both good at talking about money and we’re obviously very passionate about. And you know what, there’s ways we can monetize it. And I’ve been starting that group coaching mastermind I was telling you about, and then it’s good for the world.
It’s getting people financially free and getting them outside of the wall street garbage. Yeah. That’s amazing. Another example is like the guy who likes to make pottery, so he’s like good at it. He’s passionate about it. But it sure as heck doesn’t make money. No icky guy, right?
No. So a lot of this is like trying to find a hot. So that you can make some money, but also at a means to write off taxes too, right? Yeah. Everybody talks about do what you love and the money will follow. They’ll tell you that kind of stuff, but the truth is that there’s a lot of people that love to do stuff, but there’s a lot of broke, passionate people out there, passion doesn’t pay the bills alone.
And so it, to me, like I revamped the phrase to be, do what you love that others love you doing. And then the money can follow. And I’d say can, because it doesn’t necessarily mean it will, because you could be awesome. What you do. You could be very passionate about it. You love it.
Others love you doing it, but if you can’t, if you don’t have the right business sense, if you don’t know how to actually monetize it right, or don’t know how to market it, or those kinds of things, you could actually end up not making any money. You could be this really, this alone genius.
I was lonely genius. And we definitely want to be there. And so that’s where, yeah. If you can find something that you love to do regardless of the money and you’re great at it. And people, it solves some sort of problem for people, even if it’s, it doesn’t have to be like a massive world problem, like solving world hunger.
It can just be like something that actually really entertains. There’s, if you ever watched, like America’s got talent, you can see that show up sometimes. Yeah, it might bring on tons of magicians or tons of comedians, but, there’s the guys like Piff the magic dragon. How many communities, come out on stage and a big dragon outfit, like it’s just, it’s just goofy, but it’s unique. It’s something that we remember.
And so finding your own unique twist to things, and then, actually doing that’s where there’s some real, that’s a real secret to creating more money or at least. Since a lot of us are professionals and a lot of engineers and going to make money too. And I don’t know where I got this phrase from, I think it was from you, but. The phrase that really sticks with me is people who create value our reward or reward with money. Yeah. The oldest form of value created.
Yeah. Yeah. So I’m always like, people who to buy and sell stuff on eBay or Amazon and like to do all this arbitrage stuff that creating value, you’re not creating like tangible value. It’s like gimmick. And we all know what happens. Gimmicks eventually go. I know, you’ve talked about this with like multilevel marketing in the past, if you want to expand on that.
Yeah. It never marketing too. Definitely that, that comes up a lot because, for example, it never marketing. They always say, Hey, just do what the leader does and just do it the same way they do it. And so you get a lot of these copycats out there that just don’t work. And you were never meant to be a copy, and it’s kinda like you ever seen the movie multiplicity with Michael Keaton where he clones. I think it was from like late nineties, early two thousands. I can’t remember. But in that movie, he clones himself to do more. The clones got jealous because they’re like, Hey, we’re doing the work while the original guy is, he’s just out there playing, so let’s make our own clone so that, the clones got together and made their own clone.
So it’s like a copy of a copy. And the guy was like, totally, an idiot, so their copy of the copy. They’re like, you know how you get the original, you make a copy and then you make another copy of the copy. It gets less, less pronounced, the ink gets faded. It’s kinda like that.
And that’s kinda what happens to people with business. Even people that are like trying to be coaches out there or whatever, or network marketing, they try to imitate these people. The problem is you’re not them. You can’t be the best at being somebody else. You can only be the best at being. And so finding your own unique flavor to things unique way of doing stuff, that’s really the trick.
And when you start to really own that, and I know, because I used to be the guy that would try to imitate certain behaviors or marketing type things or sales strategies or whatever it would be. And people would say, ah, weird, or like I wouldn’t be comfortable being a.
Like in, in front of a room, so I try to be polished for example, are too polished. And then eventually I just stopped. I stopped caring, I just said, I don’t care. Like I’m just going to do my thing and I’ll do it, do the best I can. And the funny thing is that’s when people start to warm up to me the most, and more people are attracted to me, in fact, better people that are a better fit for me when I’m consulting or when I’m helping people out, whether it be on the insurance side or wherever it might be that people just match it up perfectly.
And that’s because if you are who you are. The right. People show up the right team, the right people to come to support you. And it just makes it a lot more fun. Yeah. And I think you also told me about this. You’re into numerology at one time. I don’t know if you still are. And I was kinda like really but then I started to think of audits.
You got to figure out what, how you are and that’s how you got to create your business or operate out of. Yeah. I don’t know much about numerology really. There’s a thing that I use, like human design. That’s pretty cool. Combines like astrology with some other things too, which I’m normally would be.
Okay. That’s bull crap, but I actually found out that one actually really worked for me. And among many things. So like finding your strengths, if you’re trying to find talents or strengths I used to be a sociology major, so it was all about running tests. Test the measuring and trying to figure out like, finding different things about people and group behavior and things like that.
And so tests I’ve used, like Myers-Briggs, a personality tests. I’ve used the Colby, a index, which is it’s pretty good. That’s more of like how you operate type of test. It’s similar to disc. Some people might use disc. I know Tony Robbins has that on his website for free. So Colby, you gotta to pay 50 bucks for, disc is free on.
There’s things like that out there. Human design, I’ve actually used that one a lot. That one’s helped me a ton on knowing how I should be working and operating, so for example, some people are not meant to just go hardcore, right? Like only a third of the population should be doing, being the type of people of say, got to make it happen.
Like those kind of people. Sometimes there’s different ways of making it happen that are actually more productive for you, depending on who you are. And then another one too, that I do is it actually an easy exercise that anybody can do is what I call a strengths feedback, exercise.
And so what you do is you basically just email or call, you can call people, you can email or text people and just ask them, say, Hey, what are like the top three or four things about me that you think make me different or make me unique, or maybe things you can count on me. Or ask me three words, that come to mind. You make it simple. I’m sorry. Say again. What are three words that come to mind when you think of. Yeah, you can just say words. I always like to have them expound on it because sometimes people have different meanings to words. And so what you might interpret their word to me might be completely different how they describe it.
So if they give you words, have them expound on a little bit, so they can tell you what that really means to them. And that’s money. Like for example, I had a lot of people that do. Yeah. Even though I didn’t feel it at the time I did this back in 2007, I think it was. And they would say things like, yeah, I see like a leader or I see you as a teacher or even your different teacher.
Cause you’re entertaining work. You teach things very simply. Or, you’d like to use like multimedia with your teaching, which I really like, or things like that. Or people would say yeah, you’re loyal almost to a fault, talking about, personal relationships and stuff.
And they would just bring up all these things. And eventually when people would all say some of the same stuff in the economic sense, I call that get a clue because they’re all saying the same thing. And in fact, you have to have people have known you your whole life. You can seriously ask people.
Maybe we’ve known you for a few months, just their first impressions. And it’s amazing that people that might’ve changed your diapers right back in the day might be the same, might say some of the same things as someone who just met you a few months ago, I’d say. And that’s how, like everybody else sees genius, but you usually don’t see it cause you just live with it day to day.
It’s just part of who you are. But for them, they see it and they think, wow, that’d be so cool if I could do that. Or yeah, when you do this, it just, it blows my mind. And so that’s just money right there. If you can find even some of that, that can give you a good step in the right. So another one is like StrengthsFinder 2.0, Pete laundry.
We’ll talk about that book. Is that kind of aligned with the other Colby strengths finder, exercise and human design where the Google terms people can look at? Absolutely. Yeah. All of those things can be great contributors. I really don’t think there’s anything bad about trying anything that helps you understand more who you are.
So that’s step one, find your strengths and talents. And then next thing is figure out what your passions are, right? Yeah. So I do, what’s called a passions test, it’s not mine. I don’t remember who came up with it, but basically to say, find out things that you are passionate about, make a list.
It could be like 10 to 15 different. And then start to rank them, start to find out like, what’s number one, number two and that kind of thing. And I’ll tell you, in fact, it’s interesting because I’ve had people tell me before they say, you know what, Chris, I’m not really like super passionate.
I don’t get really excited. Like I had a guy from Alaska that told me that he’s I don’t get excited about anything. And I known him just enough to say, yeah, you don’t get excited. Like you don’t get like all hyped up. I’m not a hype-y guy. So I asked him, I said is there anything that fires you up, like ticks you off or pisses you off?
That’s yeah, exactly. And he had a whole list of that. So we, we started going down that route. He’s oh yeah. Politics, or my family. It’s okay, we’ll go deeper. What about your family? Like, why just, I’m really protective of them. I’m really like, it’s important to me to prioritize them okay, all right, now we’re getting somewhere and know, get a bigger list than just saying, what are you excited about?
But yeah, just doing that and then going through and just ranking, I was like, what’s the one that’s if I had to choose between two and I used just compare two at a time, it’s almost like a, I call it my M and M game. When I was a kid, this kind of a weird when I was like around 11, 12 years old, I would take two m&ms and I would smash them to get.
And I would see who would be the winner. It’s it’s almost like moral combat, smash together. The ones the winner goes against the next Eminem and smashes and whoever wins at the end, that’s the ultimate champion. And I was always rooting for green because I love green, and and that’s kinda what I do with this list.
I’ll say, all right. Number one to number two on this list of 10 or 15, if I had to choose one, which 1:00 AM I more past? All right, we’ll keep it. Number one. Number one on compared to number three, which one I’m more passionate about? I think number three, wins. Number three, to number four, number three, number five.
Whoever wins. You just keep going through that list. And that one that wins out is the number one. And then just do the same thing for number two. You take that one off the list, and then you start doing that comparison again, and you can come up with easily, like three to five strong passions that you have.
Naked started saying, all right, how did this with my talents and my passions combined together and work together, trying to find global problems or, things, problems to solve. Cause that’s people pay to solve problems. Yeah. And that’s usually the next thing I’ll do is I’ll start making a list of what are things that I hear people complain about that maybe either I would want to solve?
I think I have. Or, maybe it’s just something you just think would be cool to solve. You may not know the solution, but maybe you have to bring your own unique flavor or twist to it. And that’s really, the point is all right, with these things, I am passionate about what are they, that kind of thing.
So most of the people listening are high-paid professionals. They’ve likely got kids busy life. What are some Epiphanes you’ve seen come up through this process that maybe might resonate with somebody. Kinda inspire them to do these exercises because I think a lot of people are like, I’m just too busy.
I might, I make 200 K at my job. I don’t need the side hustle stuff. Yeah, but that’s not the point. The point is the, punch through the object and find out some kind of passion, that makes you have money and you can write off some stuff. Exactly. So that’s the key is if you truly were trying to worry about the money too quickly in this process, You actually end up falling flat on your face, right?
Cause it can happen very naturally. And so the best thing you can do, especially for. Is find ways to apply these strengths and these passions to different places that you’re in, right? Whether it be in the workplace at home with your family or kids if you volunteer, do community stuff with your neighbors, strangers on the street, and try out using some of these things, if it’s just like I’m going to use one strength or here’s a passion on my bill tie in.
So give an example like for me, I remember when I was stock coaching back in the mid two thousands. I wasn’t like I wasn’t hired because I was the most brilliant trader they hired me because I was a good coach. So they said we’ll train you the way we want you to be trained, wants you to teach these people, but we’re hiring you mostly because you have good coaching skills.
So already, I was like the handicap kid they weren’t expecting much enemy. And so I started to do that and I pick up and learn things. And one of those people, I just pick up on certain things, especially financial concepts really easily. And so I picked up on it. I was like, okay, cool.
And then I started perfect on it. And you know what, these guys, they did this, maybe we can make this a little bit more effective here. And then I started to tiny passions because I was getting bored. I was doing a good job, but it was and so when I would teach them about trading stocks and options, there will always be like this flexibility.
There always be out of the 16 sessions I would do with people. There’ll be about seven or eight that you can just be flexible with, follow up on their trades, keep them accountable. And that would be the time I would take the opportunity to go teach something different or something more maybe about economics or something like that.
And we would have such fun conversations talking about that. Cause they would be intrigued. They’re like, oh, this is cool stuff. I like it. Some people call it inner market analysis, but I would just talk about that kind of thing. And they would have so much fun with it. That what was interesting out of 60 coaches, I was like ranked number two with the positive feedback, I would have been number one, but there was a guy who was coaching, double the clients as me.
So he got technically more positive feedback than I got. But for percentage wise I probably had the highest positive. And and it was funny because I was the guy that predicted not to make it right. So that was a big thing there. Other things I’ve learned too is I remember, learning about being a leader and a teacher, and I have a mission statement that says, through powerful conversations and faithfulness, I establish higher standards of service, perseverance, and stewardship to create happy fruitful.
Basically my whole thing is about raising the bar. That’s kinda, my thing is raising the standard, raising the bar, just take it to that next level. That’s kinda like my whole life mission in general. And by the way, mission statements do help a lot sometimes in this case. And I remember, I was volunteering at my church and then they asked me, they said, Hey, can you take care of the two year olds?
And I’m like yeah. I could teach the adults. I’m a good teacher. I’m a good leader. Like, how do we teach the adults? No, we need help with. Like, how am I supposed to be a leader and a teacher to two year olds? And then it dawned on me after a little while I was like, wait, I may not be able to teach by word, but I can get on my hands and knees and interact with them, and play with them.
And I did. And the cool thing is that pretty soon they started responding. And even after I was done volunteering my time there, a lot of them would come up to me when all the parents come pick them up, they would just put their arms up. Like they want me to hold them, that was pretty cool, even though there’s other women there who are much better caregivers than I was right.
Naturally while it was women would just sit there and gossip, I would actually be there and involved with the kids and create that connection. That’s just the name of feud. That’s just a normal life, but I understand, I take all those same things and I applied my business too. I still connect and do things with people in business.
I teach a lot and in fact, I am a teacher. That’s the thing. Get me to retire, which I’ve been financially independent twice in my life. Each of those times I could retire. I don’t, because I have this passion that I want to keep teaching and help people take it to that next level to not be mediocre, just like you teach on the show.
And so those are the things you can start integrating and naturally money just follows. It’s really easy, especially if you start to figure out and hone in really what is your genus and just focus on. So you seen a lot of epiphanies happen and when you’re coaching folks, what are some examples of those that you’ve seen?
Like just people may not make resonate with another working professional. Yeah. I had somebody, I got a few examples. I had a guy, for example, he was a. Okay. I’ll actually I’ll use a woman cause she’s she was actually worked in the it field. So I figured if you got some working professionals, get somebody in it.
We did some of this process with her and she was really passionate, actually. Not about doing tech stuff. She was really passionate about the healing side of things. Like really helping people emotionally heal naturally because she had experiences too. And by the way, one of the coolest things you could ever do, if you’re ever going into the role of trying to provide value or teach something or help people through.
Is do something that you overcame yourself, right? Like for me, one of the biggest things that helped me create help people create more cashflow is that I went through a recession where I went over a million dollars in debt. And I had to avoid filing for bankruptcy. So all those kinds of things and the things I learned going through all that crap is the very things that help my own clients free up 100, over a hundred million dollars of cashflow over the last nine years.
Because you have to figure out the strategies behind that. Yeah. Cause people kept telling me, I want people to hire me, but they kept telling me why can’t find the money. I’m like I can find the money. Not telling them, Hey, I’m broke right now. This is back during the recession, right?
Hey, I’m broke. I had to find money. So I bet you, your situation is better than mine. So your should be easy for me, and that’s how it happened. With this woman, like her thing was healing of the emotional healing stuff. She’d gone through a lot in her childhood and had to work through that as an adult to function.
And so she started do that kind of stuff and she just had a find. Modality, the nice thing that kind of matched up with her. And even when she found it still, as she did it, she morphed it a little bit and try something a little bit different. And she brought maybe this little thing in for healing and this and that.
And we came her own thing. And so pretty soon, even though she’s doing still working it, like she’s still, an it manager at her work making a good six figure income on the side. The thing that actually gets her fired up is that she’s doing this. And she has a side business, a side hustle.
So she does like coaching or like basically like like healing, coaching, like a energy healing type stuff. Reiki you’ve heard of Reiki that kind of thing with magnets and things like that. So she does exactly. Yeah. I don’t know how she does it. She does, but it’s pretty cool.
It’s kinda like a chiropractor I knew in Denver that she it’s seriously not touching it, but she just do this like down people’s backs and they’re like, oh, I feel so good. I’m like she didn’t touch you. What would the heck did she do to you? And I was too scared to try it myself, another person that a good example is the guy out in Washington state.
He really loves. Working with kids like specifically teenagers, and he was working a job full time and he was coaching a baseball team during the summers, like as teenager baseball team, it wasn’t a high school team. It was like the city league type thing. But they would go to state or even interstate championships and win, or at least play and get runner up.
He was really, they were a really good team. In fact, they would perform better than the high school team would do with those samples. And so we, he asked me, he’s okay, Chris, I got to figure out how to make money with this so I can do what I love. And after some time we try to figure it out.
It actually got really hard and we’re like, and I asked his wife, I said, how was he during baseball season? And she said, oh he’s so happy. He’s like on cloud nine. And I tell you the guy’s just energetic. And I’m like, okay, cool. Do we necessarily have to make money? Doing baseball.
You know what if we just said, this is like your outlet to just fire you up, that keeps you doing. Cause you got a job that’s flexible enough that he could take off work and do and will do what he wants. So why don’t we just keep doing that? And they’re like, oh, that takes so much pressure off. Funny enough. A couple years later, he got offered a position with the varsity team. I think you start with JV. And then he got moved up to varsity. He started coaching and making money anyways. And that, that, that path came. He just did something he just enjoyed and his whole thing, wasn’t just winning baseball.
His thing was teaching these teenagers, these young men to become real men to become productive citizens. That was his whole passion had baseball was just an outlet, but the passion was training these youth to become real men. And so I met and that’s what he’s done. And now they actually, I, the last I saw they’re doing like couples, marriage type counseling stuff.
I don’t know what the heck they’re doing now, but it’s cool to see the evolution of the last decade, how it takes them. And now they’re making money. In other ways, anything more for the introverts out there, maybe just with a, making some kind of arts and crafts or musical.
Instrument. Sure could. I’ll tell you if you’re a handyman right now and you live anywhere near me, you’re hired, there’s seriously, like there’s a lot of needs out there. And I’ll tell you, these handyman do not have personal skills, like people skills or not their thing.
There’s lots of things you can do. I know the person that’s there. She’s not very, she’s definitely not a person. You try to strike up conversation with because it’s just not, it’s not going to go anywhere. She’s just an introvert and that’s fine. There’s also things you can do to, even if you want to be in business, you want all the tax write-offs like we talked about at the beginning of the show.
The thing is you could also be a partner because what if you’re the person that’s just perfect being like the COO, right? Maybe you’re the person that’s best on the backend while somebody else is better to be the front man of the front line. But you’re the person on the back to make sure that it actually works or that, things are being fulfilled on.
So there’s a lot of roles you can do and play in and make great money and you can even be in business, but not have to be the face. That’s not real. That’s not required at all. All right. The book, the E-Myth by Michael Gerber comes to mind. There’s the visionary, the operator, like the CEO, like you said, and then there’s all kinds of technicians in businesses.
You need those three characters in every business and you may be just good at sales or you may be good at just making baking or whatever. Yeah. But the link up with those other people is the key. Yeah, that’s right. That’s the thing. You don’t have to be in an alone. It’s kinda if you’ve ever watched YouTube videos of the piano, guys, you ever seen those guys, right?
They take, they do cover songs. And they, and especially, you’ll see, the piano player, John Schmidt, and then you see Steven that’s the cellist. And and that’s, it’s funny because I remember seeing John Schmidt around here locally in Utah, because that’s where these guys are from.
And I remember seeing him be up there and I was like, I don’t even know who that guy is. I just know he’s performing. He was just the piano player and he could play upside down and do all that kind of stuff. But he didn’t really get popular until he started bringing on other people. So he started bringing on like the cellist that brought in a whole new thing and they did, Viva Lavita and love story.
Taylor, swift and Coldplay. They did a little mesh up that that got millions and millions of views. And then they just kept going and they had camera guy. Other people to help support that. And now, these guys go perform and they sell out stadiums and stuff. I mean that just all, these are your guys that were talented individually, but bringing them together that teamwork, that’s the thing that allowed them all to shine together.
They were better synergistically together than they were apart in something. I I was listening to Tim Ferriss’ podcast to stay. He said something pretty cool. He said you don’t need to be the top 1% of 1%. Like Michael Jordan, all you gotta do is figure out like three things that you’re in the top 10% in that here’s the key.
It’s people aren’t good at that. Typically like for example everybody can speak a foreign language, right? Yeah. And it’s no big deal. It’s a commodity, $20 an hour person. But you combine that with two other things that people aren’t good at and Kaboom. There you get now you’ve got a niche.
Yeah, exactly. That’s thing I was gonna say too, is when you blend it all together, think of that we’re in the financial space. And the cool thing is and remember my wife has also the financial space too. And I remember she saying yeah, I guess we’re in competition with each other.
This is before we dated or anything. So I guess we’re in competition with each other. I’m like, no, we’re not because you can’t compete with me. I’m sorry, but you can’t do it. I do. And then to save it. I also said on the flip side, I also can’t do what you do either. So that’s the beautiful thing.
Cause we were both serving the same market, but we were two very different ways of approaching it. Lane, you and we hit some of the same spots sometimes, but we’re two very different people and we have our own unique flavor, our own unique recipe that goes with it. And when you start combining these things to get.
That’s what makes it cool. It’s like my friend who’s he’s one of the, he’s a very popular actor out there. He’s always like a supporting actor. He’s also really funny, even though he’s always in dramas, he always, he’s always typecast as being like a general or a police officer or something.
But he’s a hilarious guy and he would always try to do things to mix it up. Whenever he would do auditions, he would try to do something different. And even when he would be on his own, just to practice on the side, he would say, tons of people have eaten raisins, but how many people have eaten raisins out of a freezer?
How many people have done that? And wait, let’s take it another step. Let’s take raisins down a garden hose into my mouth, out of the freezer. I bet you nobody’s done that before. So he’s having his friend put, raises down there, trying to feed it out of the hose and they’re cracking up so badly.
They came to hardly do it. Or he would go to his auditions, you put maple syrup in his shoes, so people would be like, wow, it’s sounds like pancakes. What’s going on? Like that’s the kind of thing. If you mix it up a little bit and just put your own flavor and twist, that’s the thing it’s I don’t worry about competition.
I know that doing what I do best, no one can imitate it. Even when people try to imitate my stuff and teach my stuff. A lot of times they’ll regurgitate it. It’s just not the same. It’s like a copy. And so that’s the thing is you don’t worry about people ripping off so much because if you know that it’s you’re the innovator of what you do best other people will just have to follow suit with whatever you’re doing.
They can’t create, they have to do their own. I call that the idea that when I look at successful people, that’s usually their contrasting binary strengths, like dirt, no Vince ski seven foot, or, but he can pop threes on a guy that can bench press three 15, but he’s a, I can do walking hand. Or the financial planner. Who’s pretty cool. And funny and charming at the same time.
Those are things they get paid. So if you could combine certain talents with another secondary talent or tertiary talent, then Kaboom. Yeah. I’ll give you another example of, if say you decided to go in the place where maybe you have to put yourself out there, like you’re going to start a business.
Maybe you’re going to go into marketing yourself and things like that. I found some really cool tricks with finding your marketing voice of. Cause, for example a lot of times people will ask me and maybe lane you’ve been asked this too. They’re like, oh, that’s so cool. You have a podcast.
Maybe I should do a podcast too. I don’t know if you get asked that, but I get people ask me that all the time, like maybe I should do a podcast. And and I was like maybe not. Cause it may not be your thing. And so when I do that, like a lot of times I’ll get, people will say what is that thing?
And some people have natural tendency towards certain areas. So there’s really three areas you can look at for a marketing voice. One is course your words, two could be your face or, how you show up and then three could be like your content, right? Like your writings, blogs, things like that.
And a lot of times you get people and you’ve probably seen this two lane, like being out there. There’s some people that just amazing on video. And sometimes it helps course if it’s like a beautiful woman or a good looking guy, or sometimes just really charismatic, like they just they’re just lit up.
They’re the kind of people when you, when they walk into a room, people like, wait, who is that? Like they just grab your attention. They could be doing nothing but walking. But somehow they grab your attends. Those people shouldn’t be worried about doing a podcast or if they do maybe doing like a visual podcast Navy, but for the most part, it might be, what can we do to get them more on video, get them more seen.
They can be more on stages. There’s things like that. Like I actually love being on stages, but I realized for myself, my voice is more like the second one, which is more of an audible voice. And I learned this at a really out of experience because I had. That would reach out. They would hear my podcasts or hearing me on other podcasts even, and they would reach out and remember they talked to my sales manager and let’s say, my sales manager would say why are we talking?
They say, I don’t know. I just really like Chris. I just trust them when I hear his voice. And so I just want to know what the heck is. And so I did a horrible, such a horrible job selling myself. People even know what I did. But they were, but it was such a way that my voice that they would trust it, they’re like I don’t know.
Like I just feel like I should work with them. What does he do? Whatever it is, I’ll do it. And that got me to realize, wait, why am I spend all this time trying to do videos and trying to get on tons of stages when really my voice can be it. And so from that point, that’s when I started doing a podcast as well.
That’s why I created the Chris miles money show five years ago was, Hey, I’m already doing, it’s already working. And that’s why I got an EO fire. It was actually that’s when it hit me. It was like, oh, these people just heard me. And it was enough. And build that relationship. And so for me, I use audio like crazy, but videos are hardly ever.
And the content, I’m not big on content. Some people are just better writing than they are speaking or anything. I don’t know if you’ve ever met the author that you’ve loved the writings and then you meet them in person, you think, oh, wow. That was awkward. Or shall you hear them speak on stage?
And they’re just not the same. I think Michael Gerber, guy’s pretty horrible on podcasts. People say, and they’re like, oh, that guy’s bombed. But he writes these books, like the email. Yeah, it’s you almost want to say, yeah, just go back to writing your books. It’s cool. It’s good.
Just write your books and it’s great. You’re right. Like it’s, it’s a book that’s changed so many business owners lives, and that’s somebody who doesn’t necessarily have to get up on stages seriously. Like he could just do it through his books and get other people on a stage.
If he wants to do that, get somebody else to sell his system, or maybe he just shows up to say hi, and then he walks off, that kind of thing. But. Really, those people, John Maxwell, I know he’s pretty decent on stage from what I’ve heard, that guy, he’s pumped out.
I don’t know how many hundreds of books, and, but we all know him just because of his books. Not necessarily because of his speaking or because of any podcasts he does. It’s just purely the writings. All right. So another while you’re saying that a couple other No, I’ve met a guy through all these calls that I have.
You guys can still book a call with me and chat if we haven’t chatted before. But I hear all these side gigs. One of them was like the, he does voiceovers and animation likes doing that. He just does puts it up on Fiverr. Another guy he does like wedding. He does like the MC for weddings.
He’s a, more of an introvert. I think he’s an engineer too. He says, like people need to get up and part, I need that leader to get them going. So he just steps out of his shell and does it yeah, the, those are great ways to make an extra five, 10 grand a year, and then you can go that into turnkey rental.
That’s yeah. Great. And that’s a cool economic engine you can create because we can generate more money, more income, fast without money in which a business and delivering value for people does. That’s, that just accelerates all your goals. You’re trying to hit when you’re trying to do real estate stuff.
Yeah. A lot of people like to do the silly travel hacking stuff which I thought it was silly until you can pair that with trade lines. If you guys want to check that out, civil pass, a casual.com/trade lines and yeah, I’m making like 10, 20 grand a year doing that little site. So exactly. But yeah, Chris, you want to give folks your contact information to get ahold of you and.
And if they want to continue this thought process with you and maybe do some coaching about, finding the site. Yeah, for sure. Yeah. If you’re trying to find that side hustle and especially trying to get out of the side hustle or make your side hustle your main hustle, right?
Yeah, like the best way to contact me is either one. You can go through my website, money ripples.com. You can message me through there. Also, you can actually follow my podcast, the Chris miles money show. I’ve got several episodes regarding monetize your divine genius. Think different things about, business that can help you grow that plus others on, on personal development, on money and things like that too.
Yeah. A lot of things for free on there and, but she got a pay to play after a certain point and get Chris’s valuable time later on, but it’s probably worth. thanks for joining us, Chris. And we’ll see you guys next time.
[ NOT FOR PODCAST For letter cover]
They were better synergistically together than they were apart in something. I I was listening to Tim Ferriss’ podcast to stay. He said something pretty cool. He said you don’t need to be the top 1% of 1%. Like Michael Jordan, all you gotta do is figure out like three things that you’re in the top 10% in that here’s the key.
It’s people aren’t good at that. Typically like for example everybody can speak a foreign language, right? Yeah. And it’s no big deal. It’s a commodity, $20 an hour person. But you combine that with two other things that people aren’t good at and Kaboom. There you get now you’ve got a niche.
Yeah, exactly. That’s thing I was gonna say too, is when you blend it all together, think of that we’re in the financial space. And the cool thing is and remember my wife has also the financial space too. And I remember she saying yeah, I guess we’re in competition with each other.
This is before we dated or anything. So I guess we’re in competition with each other. I’m like, no, we’re not because you can’t compete with me. I’m sorry, but you can’t do it. I do. And then to save it. I also said on the flip side, I also can’t do what you do either. So that’s the beautiful thing.
Cause we were both serving the same market, but we were two very different ways of approaching it. Lane, you and we hit some of the same spots sometimes, but we’re two very different people and we have our own unique flavor, our own unique recipe that goes with it. And when you start combining these things to get.
That’s what makes it cool. It’s like my friend who’s he’s one of the, he’s a very popular actor out there. He’s always like a supporting actor. He’s also really funny, even though he’s always in dramas, he always, he’s always typecast as being like a general or a police officer or something.