How To Create A Million Dollar Game Plan | Part 1: Why Society’s Game Plan Fails Everyone

How To Create A Million Dollar Game Plan | Part 1: Why Society’s Game Plan Fails Everyone

So, today I’m doing something I have
never done before. I’m actually releasing to the world my system for how I can
help anyone make millions of dollars in real estate. And what I’m doing is I’ve
got some new people coming into my training of fulfillment department. So,
today I’m giving them all of this training. And I thought, “You know what?
What if we turn the cameras on and make this available to the world?” The reality
is I have lived an incredibly privileged life because I got my hands on this
information when I was in my early 20s. And it meant that I could be financially
free by 26 years old. And I’ve been able to go on and just travel to 40 different
countries and I’ve been able to see the world and I’ve got 4 amazing kids. And
I’ve been able to afford an incredible lifestyle. Live in freaking amazing
houses. All of that is because of this information that I have that no one else
seems to have. So today, as I give it with my team, I’m giving it to you as well.
Let’s come on in. Let’s check it out. Let’s meet the team. What’s up my friends? How we doing? So,
thank you for being here today guys. Today is going to be a very thorough
training on how we build million-dollar game plans. And I know that we’ve got
several departments represented here. But we’ve got some new additions to our team
here. And thankful for having you guys here. You know, when I look at the way
that we partner with people all over the world and help them do real estate, as a
business owner, I look at the weak parts of the system. And I think the currently
the weakest part that we have outside of the amazing results that we produce is
that we either have partners that are confused about what is my game plan or
someone from Team transformation. You know, may be postured the game plan a
little bit different than how it could have been. And we get confusion. And I
want to make this information for the first time ever available to the world.
I’m going to dive in and we’re going to talk about something that many of you
already experts on. But I need our entire team on the exact same page. By the way,
what benefits do you think could happen if company-wide,
everyone knew from our clients to people that were helping fill our events here
at our conventions, what would happen if people were all on the same plan with
knowing we’re all different human beings but we all know what our game plan is on
“How I’m going to make a million dollars and what my next steps are?” What are the
benefits going to be for us? -Synergy. -Synergy. We can make sure our expectations are aligned
for sure. Any other benefits that you guys see for you as we’re trying to help
our clients to make this money? Perfect. So for us to really dive into the
science of how you build a game plan, I want to start by just talking about why
society’s game plan does not work. Because when our partners come to us,
they come from very different walks of life. And here’s how most of them have
been indoctrinated. They’ve been told that when you go to college it’s all
about getting good grades and that starts when we’re young. Because you need
good grades if you want to what? If you want to go to college, you got to have
that piece of paper that says, “You’re smart.” Because technically there was a
time when a college degree would mean double earnings from a high school
diploma. So, everyone got indoctrinated. College, college, college, college. Even
though most of us won’t even use our degrees
for whatever we do, career-wise. And people don’t have 4-year or careers
anymore they have like 3-year careers and they’re hopping around. And
the world is changing so fast. For me, college is in most professions a really
archaic outdated system. The world is only beginning to understand that. But
they do go to college at they’ll and their job or their career and they spend
40 years there trying to pay off college. Because it’s weird that will go into
sometimes 50,000 or 100,000 or hundreds of thousands dollars of debt so we can
have like a 15% bump in our pay. But here’s the big problem, we are not
trained. College doesn’t teaches about money. It doesn’t teach us about finance.
So, people don’t learn how to invest. They’re taught to allow other people to
control the money. So, what do we do with our money? We put it where? We’re taught
to put it in the 401K. It sounds sexy when you’re young and dumb and
financially untrained because they seduce you with a match. And it’s like… It
feels like free money except you can’t touch it, you can’t have it, you can’t
spend it. You’re also taught to put our money in
what? Most of us were taught to put our money in IRAs. If you get more
sophisticated to have some leftover money, you might actually put your money
a little bit in like the stock market like the S&P. And then most people are
really interested in eliminating the biggest liability. Their biggest expense
in their life is their what? Your house is your biggest liability even though
for most people that end up being their most important asset because at the end
of their life when you look at what they have accumulated, the equity in that home
will probably be the biggest part of the nest egg. In fact, once when we get
accidental millionaires is people that bought a house early enough in
California or in the outskirts in New York. And the prices boomed. And these
people were just good conservative. And their house ended up being the most
important investment. But it’s actually a liability because of what? It doesn’t pay
you. It would cost money. So, we have people that are basically putting their money
into their house. Here’s the problem with these assets: There are others… There’s
annuities we’re going to talk about gold and silver. And part of the game plan is
knowing how to transfer assets from low yields to high yields. Here’s the problem though: What is the biggest problem with all of these assets? One, they don’t pay
you. As in on a monthly basis, they do not give you anything. That’s part of the
problem, there’s a bigger problem. The ROI. On average, you’re looking at a 5%
ROI. So, the top 500 companies that are growing, if you were to invest in a blend
in the S&P 500 you’re going to do over 30 years under 10% around 9%. So, you do 9%
here. Your 401Ks and IRAs usually end up doing between 4 and 5 percent. They’ll show you
more but when you do the math correctly and calculate it, we were talking about 4
and 5. And your house is actually other than appreciation, the equity in it is
losing at the pace of inflation. So, this is like a negative 3%. So, if you add all
of this up, this 5%. And by the way, when you retire, you give all your money, your financial planner who sticks it into an annuity doing 4% is the
best that can get you guaranteed. What’s the problem with 5% returns? Who
knows what the rule of 72 is? Take 72, divide your interest rate and it’ll tell
you how long it’ll take for it to double. Who’s got a calculator right now? Just
someone without a calculator. Take 72, divide it by 5. In 14.4 years with compound interest, you can double your money. Now, if you’re
saving money in here and it takes you a lot of time for the average person to
save 50 grand and then 14 years later becomes 100 grand. 14 years later, “Oh, I
ran out of working years.” Right? So, 5% on this stuff means that by the time you’re
55, 65 years old, I mean you talk to our clients. How much money do people
typically tend to have? 100 thousand, 200 thousand, 300
hundred thousand? And if you’ve been living off a 70, 80 thousand dollars a
year, then you can eat that up and like in just 3/4/5 years and then
it’s gone. Chris… [Inaudible conversation] Thank you, Chris.
Okay, so by the way, with inflation, it’s not 14 years. It’s 4 years. Here’s the
big problem: The reason why everyone fails financially is because they’re
doing… This whole game here is called accumulation. And the problem with
accumulation is that you’re basically saying, “I can work and I can save my
money and basically put it away.” And in 40 years, I’ll put away enough for
retirement. True or false? False. No one should become 18 years old and leave
a household without understanding the basic math of life. Going to college, get
a degree, getting a job and being a great saver is not going to allow you to save that.
In other words, in 40 years, you can’t save enough for the next 40.
And by the way, why do I say the next 40? The freaking modern medicine. If you’re
my age, you’re not going to live… You aren’t going to die at 78 or 76 with today’s
mortality rate. They literally unlocked in the telomers
in science and biology, they’ve got animals living twice as long. They’re
starting human trials. Guys, they know how to keep us alive a really long time. And
so, this is a problem. Because people aren’t actually preparing for what’s
really going to be needed. So, accumulation says, “I can save enough in a
lifetime.” True or false? You’re one of the rare whatever 1% that
is like making 3, 4, 5 hundred thousand dollars a year to job? And you
save 50% of your income, not to mention the other 40% that just
went to taxes? Then you might be able to accumulate enough. -Well, see your data
base, Kris is that people generally speaking want to increase their quality
of life. This isn’t even taking that into account. This is a stasis. -No. So, most
people actually if you do the math here, if you actually were to take this money,
let’s just say that someone wound up with $200,000 and
they annuitize it and they get paid 4% a year. What’s 4% on $200,000? 8,000 bucks. And they take 8,000
divided by 12 months. 666. It’s an unlucky number. You’re
going to get 666 extra dollars a month on top of social.
Social Security can be a thousand, 12 hundred, 14 hundred, 15 hundred.
For some people, 2,000. So here’s what it really means. People, as they grow
older and get raises and make more, what they end up doing is most people by the
time they get to retirement will can become accustomed to 60,000 a year,
80 or 90 thousand dollars a year. They have to literally cut their budget
and live off of a third of the money. And that’s just if they’re living off the
interest. Because they can’t, guess what happens to their half paid off a paid
off house that they thought would bring you security? It’s now their nest
egg that they eat. And they consume until it’s gone. So, a few years later, now the
house is gone. What happens when you’re at retirement and with
a number of years, you’ve run out of money. What do you then do? You go work at
Walmart, you become a greeter. But even that’s becoming more competitive, kid you
not. Because of the lay of the land. You got to get a job, you got to work for
someone. But more likely, you’re going to be relying on the government. You’re going to
be relying on charity. And hopefully, you can find a way to make peace with your
life and find bliss even though you can’t visit your grandchildren and you
can’t spoil them. And you can’t travel like you always hoped you would in
retirement. And that’s your life. Not for a decade… Decades. Guys, it is pathetic and it
is sad. We have a responsibility to make sure people learn what this whole video
is about which is do the math. Do the what? And do the math. People, if we were
taught by 18 years old how to use fifth grade math skills to do this math, we
would all say, “I’m screwed!” Once you know you’re screwed, then we say, “I need to do
something different and we end that and then we bring about any behavior.” That’s
where our clients when they come into our fold. And we’re working together to
build wealth and do real estate, make it turnkey for them, we’re able to help them
do something where they can earn. And by the way, the secret to all of this that
I’m getting at is you don’t have to figure out how to become the most savvy
investor on the planet and make millions of dollars. You just got to figure out
how to shift from accumulation mindset to a residual income mindset. So for
example by 26 years old, I had 1.6 million dollars in net worth was
meaningless. That’s something you could brag about. I’m a millionaire, who cares?
I had 12,000 residual dollars a month coming in every single month that I
didn’t have to work for. And if I could write you check today for a million
bucks, or $8,000 a month every
month for the rest of your life growing at 10% a year which would you
take it? Because the million dollars is meaningless. Million dollars is
meaningful if you’re stuck in the accumulation mindset saying, “I can save
enough.” You can never save enough. You have to go into a residual model. This
make sense? So, this is where people are coming out when they’re actually
watching these videos and they’re coming in and we start investing with them. To
go to a residual mindset, here’s how you do it: You’ve got to figure out how to go
from a 5% ROI. In my opinion, you’ve got to figure out how to land this
number right here –20% of ROI. Now, I know that while we’re doing deals where we’re
doing 25 percent, 28, 29, 30. Sometimes over 30%. But “Kris, since you seem to be
our built-in human calculator in the office here.”
Rule of 72, if my money we’re growing at 20%, it’s going to double how
often? 3-5 years. -It’s going to double every 5 years. And actually with the
rule of 72 and compound interest that number is going to be closer to 4
years. If your money can double every 5 years versus 40 years, 14 years,
what changes? [Whispers] Everything. Now the little bit that you save, the little bit you accumulate. If
you can put it in real estate producing this, you can get where you want to go. By
the way in a lifetime. Not lifetimes. But more importantly are the things that you
can do to go then from a 30-year game plan to a 20 or a 10 year game plan. Yeah.
Several you in this room are actually on that. Carson, you just buy your got
your third door? Dude, second house. Guys, give it for Carson, dude. How many houses have you
done today? -Total? 7. -7? Guys give it up for Miller. So, the reality is
that we have got to shift this mindset. And it just starts with everyone really
understanding that I need you to understand this math because sometimes
our clients forget. And you need to be able to pull out the calculator and say,
“Well, let’s do the math.” for Team transformation, one of the most powerful
things you can do when you’re on the phone with someone is you can add it all
up for them annuitiezed it at 4% and say, “Great.” Right now you’ve done this in the
first 20 years if you work… How many more years? 20? What do you have? Double? 2 and a half? Let’s go great! You got 80 grand, let’s
assume you have 200 grand. Let’s assume you have 300 grand earning 4%. You do the math and
there’s like, will that work for you? You don’t have to convince anyone. Just help
them do the math. Because when people do the math, that’s when they realize, “This
is not working.” That’s just the first part is just understanding that
mentality. Where we’re coming back next in today’s training so you guys can see
this. I’ve given you guys the manual and the notes for everything that we’re
covering today. What I want to do right now is I want to talk about the
2 secrets to making a million dollars. This is the first step in creating a
million-dollar game plan. You need to understand that there are 2 things in
particular that you have to have if you want to transcend this broke and broken
plan and create one where you can not just survive but freaking actually

8 thoughts on “How To Create A Million Dollar Game Plan | Part 1: Why Society’s Game Plan Fails Everyone

  1. The exact same video as all the others,
    – the stock market sucks
    – the traditional plan is not the right plan
    – get in real estate
    – …..

  2. Your game plans fails here in Australia Chris, realestate here is the most expensive on the world, it hasn't had a correction in 30 years and the best rate of return on average is about 6 to 7 percent per year

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