Money People Deal: Chapter 37
5:41It is better to sell one $1,000 hot dog than to sell one thousand $1 hot dogs. That’s why Stefan Aarnio chose to get into real estate. Selling one hot dog for $1,000 makes so much more profit, requires less effort, and has less customers and overhead than a high-volume business. In this chapter of Money, People, Deal, you’ll learn all about the three business models: the horizontal, the vertical, and the diagonal. You have no idea where thinking big could take you, so there is nothing wrong with asking for more dollars for a single hot dog. Compare a $1 hot dog to a $1,000 hot dog, which cart would you rather own? “I got into real estate because in music I was selling hundreds of $1 “hot dogs,” whereas in real estate, I could sell a few $1,000 “hot dogs” and make a much better living.”
Money People Deal: Chapter 36
7:23Baseball is America’s favorite pastime, and believe it or not, baseball and entrepreneurship have many things in common. Many baseball terms are also used in business, and today, Stefan Aarnio will be focusing on his favorite terms: “single” and “home run”. In this chapter of Money, People, Deal, you’ll learn how business and baseball are closely intertwined. You’ll be taking a lot of value with you as well, for you’ll be having a glimpse at business and the entrepreneurship world from a fresh and fun perspective. Are you ready to switch to the major leagues? “In my own business, I decided to swing for a home run at the start of my career; the payoff was high if I succeeded, but defeat would absolutely crush my investors and myself if I failed.”
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Money People Deal: Chapter 35
6:44Cash flow is the goal of most long-term, buy-and-hold investors. Cash flow is the dream and the allure of real estate. Even though cash flow is a concept that excites most people, it is often what makes people leave the business as well. In this chapter of Money, People, Deal, Stefan Aarnio breaks down the glorified “cash flow” concept for you. You’ll understand what it really is, why it is not a synonym for profit, and how you can make money from all the information in this chapter. “Everyday in every market, there are new investors who absolutely hate real estate. They are in pain and want to get out of the market. Find these investors; relieve their pain, and get paid handsomely to take their pain away.”
Money People Deal: Chapter 34
6:12Flipping real estate is one of the most sensationalized forms of real estate investing around today. This is a very popular and romanticized real estate strategy, but many flippers are uneducated, unsophisticated investors who can lose their shirts if they play the game wrong. In this chapter of Money, People, Deal, you’ll learn about the one biggest calculation mistake flippers and new investors make, spoiler alert: if used, it will absolutely kill you. Stefan will provide you with his 15% rule to appropriately calculate profit. From the final sale price to the financing, carrying and insurance, this formula will make everyone happy, especially you. “If your deal still makes sense after applying the 15% rule, you have a great deal.”
Money People Deal: Chapter 33
7:30You don’t have to be a genius to make profit. In fact, the best entrepreneurs in the world are even college dropouts. Business is a simple game, so you should always keep it simple. If you’re having a hard time making money, you’re probably messing up and making your life tougher. In this chapter of Money, People, Deal, Stefan Aarnio will teach you the importance of finding audiences instead of creating them. You’ll learn the valuable formula for no-risk profits, and important lessons Stefan learned through his own experiences. Stop making your life so hard, find your audience and give them what they really want. “The lesson that I have learned from my experiences is to know your audience inside and out. Know what they want; know what they don’t want and make sure you deliver at the right price.”
Hard Times Create Strong Men: Chapter 36
15:08A man alone is nothing. A group of men is nothing, and they need women to have a future. Men must compete for women, but there is a point where men become weak around women. They say that when a woman loves a man, he becomes her strength, but when a man loves a woman, she becomes his weakness. When a man falls in love, he surrenders and is willing to do just about anything for the woman he loves. Women, relative to men, are a double-edged sword. Women possess a high sexual value and are willing to trade it for power. They are aware of their own value, and will do anything to protect it and ensure their own survival, even betraying their partner for a stronger man. Women are creators and destroyers, in a world of weak men, they’ll do what it takes to find a strong man.
Money People Deal: Chapter 32
6:52Has it ever crossed through your mind that Coca-Cola and drug dealers share a lot of things in common? Addictive products, insane profit margins, and concentrated producers are some of the features both share. The success of both models lies in the fact that “everyone who touches the product gets paid”. In this chapter of Money, People, Deal, Stefan Aarnio compares the addicting soda with illicit activities’ to prove a point to an important statement: everyone who touches the product gets paid. This strategy is relevant for you and your business, since you want everyone to be paid, well and happy to work with you. “Learn from Coca-Cola and drug dealers, and implement the “pay-everybody” strategy in your business. If you build a good program and stick with it, then you will see fantastic results in thirty days or less.”
Hard Times Create Strong Men: Chapter 35
13:32Christianity is nearly 500 years ahead of Islam in ideology, because Christianity is 500 years older than Islam. During this time, Christianity has had more time to grow, explore, and move from an intolerant warrior culture to a tolerant, pacifist, female-ruled culture. This 500 year gap is the reason we find Islamic practices so barbaric and medieval. So, should we let the violent, intolerant, militant people from Islam into our pacifist, tolerant, and weak society from the West? What do you think will happen? America embraces the melting pot ideology where you become American when you emigrate to America. Here’s the problem though, America also believes in religious freedom, so when Islam moves in, they do not have to assimilate into the melting pot. What will happen when the western families are outnumbered by the poor families of the welfare system? In 50 years, Muslim refugees descendants won’t even have to invade, they will already be settled in and ready to enslave the weakened and subverted Americans. Are you willing to allow the demise of our nation?
Money People Deal: Chapter 31
9:23Speed is a virtue in all arenas and it is a key to victory. In the wild and in business, it takes to be fastest to be at the top. In real estate investing, speed marks the biggest difference between a novice, an intermediate and an advance investor. In this chapter of Money, People, Deal, Stefan Aarnio breaks down the models and strategies he prefers in his real estate career. From wholesaling to buy-fix-sell, you’ll learn all about fast strategies to stop wasting your most important currency: time. Hop on and leave the slow, “residual” businesses behind. “Money can be manipulated and recreated if it is lost; Time is lost forever when wasted, and it is the real limiting factor in any business.”
Self Made: Confession 33
11:06After the mind shifting lessons he received from his jungle tour guide, Stefan Aarnio was ready to take action. He had set himself an ambitious 100 deals goal for the next year, and he would need to raise from three to five million dollars, all cash, no banks. Up to this point he had shyly asked people for money, now he had to raise millions of dollars on a cocktail napkin. If you are going to get rich, you have to get rich by using someone else’s money. In this episode you’ll learn why becoming a capitalist is so important in the business world, and why a simple strategy repeated 100 times is much better than a single complex strategy. Raising capital is the main skill of entrepreneurs, it is not the time to be shy! “If you want to survive in the real world as an entrepreneur, you must learn to become a capitalist because raising capital is the #1 skill of the entrepreneur.” Learn how Stefan Aarnio went from selling luxury hotel rooms over the telephone in the middle of the night, with a major in English and a minor in music, to know every rule of the game, and winning it. Enter: https://stefanaarnio.com/ What does it take to become a self-made millionaire? What are the steps you have to take today to achieve this dream? Is it possible for you? Many have wondered, few have succeeded... Self Made: Confessions of a Twenty Something Self Made Millionaire follows the real life story of Stefan Aarnio (award winning real estate investor and entrepreneur) through the struggle of starting out with zero cash, zero credit and zero experience in his pursuit of financial freedom.