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The Millionaire Maker
Loral is interviewed on the Eliances Heroes Show by host David Cogan. They talk about how Loral became The Millionaire Maker. Loral talks about how she has created a system for creating and keeping wealth.
They talk about having the best systems in place and being surrounded by the best team members and mentors. They also talk about side income, passive income, and understanding the new tax codes and getting the most out of that knowledge.
You can find Loral here:
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Show Notes
- [00:48] Loral got the name The Millionaire Maker when she was writing a book on how to become a millionaire.
- [00:55] A focus group from McGraw-Hill came up with this leading title.
- [01:21] Loral is one of today's most Innovative and visible many experts and that is because she has a system for becoming a millionaire.
- [01:40] She was making millionaires, but then she had to write down how to do it.
- [01:49] What also sets Loral apart is that she practices what she preaches. She's a gas and oil, real estate, and cannabis millionaire. She actively practices what she coaches and mentors.
- [02:04] to keep on top of everything Laurel finds the best and the brightest team members for each category that she focuses on.
- [02:36] I find world leading experts and I partner with them.
- [02:46] Everyone was raised to believe that after you finish school, you get a job and save money if you can, so that someday you can retire. This means you rely on one source of money.
- [03:11] We need money from various sources, because there are so many variables from losing jobs the markets crashing.
- [03:30] Our millionaires are made with a variety of income sources including passive income.
- [03:36] We've dissected the 2018 tax code. You are either going to win big on this tax code, or you're going to lose.
- [04:27] Retirement by definition is an agricultural word that means to put cattle out to pasture to die. We want people to retire and be free.
- [05:30] The best way to create wealth now and to continue creating it every day is to be surrounded by the best team. Don't do it by yourself partner with somebody who knows what they're doing.
- [06:42] When it comes to finding the right team it's about who you know and being commuted to knowledge. Spend your time and money on learning about money.
- [08:48] When parents work with Loral's team, children are mentored for free.
Links and Resources:
Loral’s Real Money Talks