SUMMARY

Are you trying to reach that first million but have gotten caught in the habit of making some money and then spending it?  Then you are going to want to listen to this week’s episode, as Steven sits down with Millionaire Maker, Loral Langemeier.   Loral discusses her journey in becoming a multi-millionaire and the impact that the right mentor can have.  As an Entrepreneurial Thought Leader, Loral helps you change the make and spend habit so that you can get on your millions-making journey.

Key Takeaways

1. The pattern of “make it and spend it” is so prevalent worldwide

2. Most people have bought into the idea that debt is their first problem but it is not.  The thing that you need to be focused on the most is making money.

3. Making money in real estate is easier than making it a specialized space.

4. Get focused.  Chose your path, your philosophy, and find others who will support that.

5. Debt is the cost of making money.

6. If you’re not looking for the assets you want to buy and THEN getting motivated to make the money to buy them, it is not going to work. It’s just too slow and you’re missing compounding power.

Resources Mentioned

Discover the top 5 lessons learned from high-performing real estate investors in our free E-book at http://investormindset.com/success

Pre-order Loral’s latest book at https://makeyourkidsmillionaires.com/steven

About our Guest:

Loral Langemeier is a money expert, sought after speaker, entrepreneurial thought leader, and best-selling author of five books who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires.

The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to hone in on the skills and talents of everyday people to inspire them to generate wealth. She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, the company has served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.

Loral’s straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America’s Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.