89 episodes

Welcome to The Everyday Millionaire podcast.



The podcast to learn exactly what it takes to create the wealth you need to support the dreams you desire…for yourself, your family, your community.

Your journey to becoming an Everyday Millionaire begins now.

The Everyday Millionaire Patrick Francey

    • Investing
    • 4.9, 86 Ratings

Welcome to The Everyday Millionaire podcast.



The podcast to learn exactly what it takes to create the wealth you need to support the dreams you desire…for yourself, your family, your community.

Your journey to becoming an Everyday Millionaire begins now.

    Episode #92 – Dr. Sherry Cooper – The Way Forward

    Episode #92 – Dr. Sherry Cooper – The Way Forward

    “Everybody needs to keep feeing their minds and their bodies healthfully and... continue to be conscious of what’s going on in the world. Anybody who is afraid of technology is done.” – Dr. Sherry Cooper   





    Connect with Dr. Sherry Cooper



    Facebook

    Twitter

    Linked In 

    Website



     





    Selected links and people mentioned from this episode:



    The New Retirement by Sherry Cooper

    Dominion Lending Centres

    Pierre Poilievre

    Tana French







    Connect with REIN Canada

    REIN Canada

    CEO@reincanada.com

    Facebook

    Instagram

    Twitter



    Show Notes

    [02:08] Patrick introduces his next guest, Megawatt Celebrity Economist, Sherry Cooper.

    [04:00] Sherry and Patrick get this conversation rolling as Sherry shares her background, where she comes from and how she landed in Canada. One year slipped by into 30!

    [10:20] A trailblazer and an independent thinker, Sherry set the tone for how she intended to show up early on. She doesn’t pull any punches and calls things as she sees them. Fundamentally her views are based on her value system.

    [16:45] Economics and debt load post COVID-19 – Sherry shares her perspective on the “economic comma” and what we may see in the next couple of years.

    [22:29] Always a hot topic around the table, Sherry discusses interest rates and the effects of this global shut down on an already precarious precipice for some businesses and the opportunity for others.

    [26:38] The power of the PIVOT. The shift required in these times illuminates some great opportunities for innovation and growth as well as the reality that even the most successful business could not have planned for a multi-month shutdown. Hard decisions may have to be made.

    [31:05] Sherry talks about the housing market, what effects are likely ahead of us, what has already happened and some of the positive new ways the industry is shifting.

    [36:24] Sherry and Patrick discuss the relationship between the US and China vs. Canada and China and the impact of supply chain disruption.

    [41:09] Insights into lending among the big six banks during this time of uncertainty and Sherry’s view of how things will change among all lenders particularly in the income housing market.

    [45:37] Sherry explains how hyperinflation occurs, and where she sees Canada on that spectrum.

    [48:01] The importance of critical thinking to decide where you want to show up within difficult times.

    [50:41] Sherry imparts her view on currency – gold, the Canadian dollar – and on the regionalization that does occur in the US and could occur in Canada. Economics, politics, and public health & well-being, particularly in the US, are at an impasse fueled by emotion and personal gain.

    [58:40] Back to Canadian soil, what is Sherry’s outlook for emerging graduates and renters vs. homeowners? Sherry also provides some positive stats that get lost in the mix of aggregate data.

    [63:04] City dwelling or wide-open spaces? As the propensity towards densification shifts and more people work from home, Sherry describes what data she’s seeing as well as what’s happening in big cities like Toronto, where she lives.

    [67:26] Setting aside “the way things were” and embracing the opportunity in sectors that reflect our current reality is already revealing itself as golden, all which Sherry is closely watching. This is truly an epic reset in all ways if we welcome it rather than dig in our heels.

    [73:19] The Accidental Economist: Sherry gives us a broader picture of how she moved into the space of economics and the tough grind of graduate school which eventually led to a thriving and robust career.

    [76:17] Sherry tells the story of growing up in a strict household and her unusual rebellion which served her exceedingly...

    • 1 hr 43 min
    Episode #91 – Marc Cooper – Wisdom for Leaders

    Episode #91 – Marc Cooper – Wisdom for Leaders

    “Choice is the headwater of responsibility. Responsibility yields the commitment. Once they restore integrity to their core values rather than their inner critic, results always happen. It’s really quite simple.” – Marc Cooper   





    Connect with Marc Cooper

    LinkedIn

    Podcast

    MBC Consultants – Wisdom for Leaders





    Selected links and people mentioned from this episode:

    The Hero’s Journey by Joseph Campbell

    The est Training and Werner Erhard

    Landmark

    Robert Fritz

    Wayne Dyer

    The Untethered Soul by Michael A. Singer

    The Soul of Money by Lynne Twist

    Leadership and the New Science by Margaret Wheatley

    How the Mighty Fall by Jim Collins

    Ego is the Enemy by Ryan Holiday

    Leadership and Self-Deception by The Arbinger Institute





    Connect with REIN Canada

    REIN Canada

    CEO@reincanada.com

    Facebook

    Instagram

    Twitter









    Show Notes

    [02:08] Patrick introduces his next guest, Marc Cooper. [03:17] Marc and Patrick start with a mutual connection who brought them together, a well-known and loved guest of TEDM, Alan Cahn.

    [05:07] Marc offers a glimpse into what he is up to. And specifically, what he is up to, now.

    [06:12] Implying there is much which has led him to this place today, Marc starts to connect his experiences into context for how he arrived at this space of providing wisdom for the people he works with in the business world.

    [08:50] June Ditmore Moment: Marc reflects on the first remarkable moment in his life that served as a tipping point for who Marc was and what he stood for in integrity. It provided a great opportunity to generate greater wisdom and effect significant change in his industry.

    [15:12] Seeing the trend line for where his life would be in 20 years, Marc realized at the age of 35 it would not end up as a fulfilled life. He began to make steps which led to a lifelong adventure in personal growth.

    [18:54] Integrity was an intrinsic component of Mark’s lineage and upbringing and he soon realized it was congruent with his pursuits as an adult. What is occurring internally is reflected externally.

    [21:53] The work of discovering and living by your core values.

    [24:05] Marc illustrates his definition of what core values are, through an example. Depth, emotion clarity; how does it make you feel?

    [26:45] Behaviour is the function of structure. As leaders it goes back to a place of self-awareness. How you are being, how you are showing up in the world; it is not what the next strategy or tactic is. Who are you within this situation? Coming from responsibility or victim? For everyone how or when they get to that point looks a little bit different.

    [34:05] A pivotal moment in Marc’s life led to discomforting questions, but those kinds always indicate to him growth is occurring.

    [36:32] Marc’s definition of success and how it evolved.

    [39:42] Marc describes what drives him to continue doing the work he does. Wisdom comes with curiosity and purpose takes on new expressions.

    [44:37] In the context of purpose Marc and Patrick dive a little deeper into the conversation around money. They look at why it is important and why a money objective alone is not enough to fulfill purpose.

    [49:48] Marc offers practical exercises to begin with when one starts to examine what’s impeding them from getting what they say they want or deriving their life purpose.

    [56:44] Patrick shares the biggest lesson he has learned in the past year and Marc then shares a simple exercise for aligning our decisions with our core values. Create structures.

    [59:35] The deeper work of getting personal and corporate core values to be heart and gut driven vs. head driven then being willing to steadfastly stand for them in the face of...

    • 1 hr 30 min
    Episode #90 – Alan Cahn – In the Mood!

    Episode #90 – Alan Cahn – In the Mood!

    “There is loss. If you resist loss you get morose. When you accept the loss, when you experience the sadness, then you take the next breath, good. Now, what is the opportunity in front of me.” – Alan Cahn   





    Connect with Alan Cahn & Selected Links & People Mentioned

    Facebook

    Twitter

    LinkedIn

    Untethered Soul by Michael A. Singer

    The Granger Network

    The Marshmallow Experiment

    The 5 AM Club by Robin Sharma

    Elite 52 Coaching Program

    The Daily Stoic by Ryan Holiday

    Thanks for the Feedback by Douglas Stone & Sheila Heen

    How to Train a Wild Elephant & Other Adventures in Mindfulness by Jan Chozen Bays







    Connect with REIN Canada

    REIN Canada

    CEO@reincanada.com

    Facebook

    Instagram

    Twitter





    Show Notes

    [02:08] Patrick introduces his next guest, four-time special guest Alan Cahn.

    [04:00] Going for best in show with a quadruple TEDM appearance – Alan and Patrick get underway with another great conversation.

    [06:05] Alan shares his perspective and feelings through the current reality we face globally. Nothing is certain and he cannot control what is external to him, he can only impact how he relates to it. Alan accepts it as another in many challenges to navigate in life and works with how can he help people who are dealing with it in a non-productive way.

    [08:37] Alan and Patrick talk about the way in which this incident brings about a full spectrum of feelings for people and how we are perceiving one another. Be it struggling, suffering, insensitive, arrogant, joyful or stoic. The only thing we can truly do is stay present and grounded in today.

    [12:15] Alan explains how our mood can affect our acceptance of what is so, acceptance of the facts.

    [15:30] Accepting our mood, mastering it, to get beyond that state and its effects. Experience it, embrace it, explore it. Look for the fundamental care of what’s underneath the mood. Alan uses anxiety to provide an example of working through it.

    [19:32] Navigating moods to explore the ways we feel. It is likely not the surface stuff that is affecting mood! Patrick and Alan provide resources and best practices to help us dig deeper to collapse and shift the non-productive moods to productive moods.

    [22:11] Alan and Patrick go deep into self-observation: obstacles, what is changing, the Marshmallow Experiment, short term gain for long term loss, short term loss for long term gain and circling it back to mood.

    [30:20] Reflecting on the Money Clinic on which he collaborated with REIN, Alan recalls a key fundamental to keeping a reserve fund. Alan also explains the “era work” he is currently doing with businesses. This context can also be found in examining incompletions.

    [33:27] Learnings from COVID-19. What do you feel the future holds? Alan reflects on how he feels about it and sees it unfolding within the general population, plus ideas for productive approaches to the slow down.

    [37:56] Circle back to the mood! Consider the outcomes from resisting the notion “anything is possible” to embracing it. We need to find a structure and useful practices to help us transcend our mood towards achieving a goal – big or small – and truly elevate. Alan provides three ways to access these.

    [47:05] Working with clients who are top performers in business, Alan shares the patterns he sees in them during a time of challenge such as this. No surprise that looking for ways to be of more service and contribution for those around them, is a big one.

    [51:10] Let go and develop our resilience muscle. When we resist loss, we get morose. When we embrace and accept loss, feel it and experience it, we can then take a breath and move beyond to look for opportunity in the loss. The next secret ingredient is,

    • 1 hr 32 min
    Episode #89 – Charles McKee – A Curious Mind Inspires Possibility

    Episode #89 – Charles McKee – A Curious Mind Inspires Possibility

    “I think there’s going to be a much higher primacy placed on trust. Trusting brands. That should inform the way that we in turn respond to our customers. We need to respond more transparently; what happens behind the scenes has to come to the front of the house now.” Charles McKee   









    Connect with Charles McKee & Selected Links & People Mentioned

    LinkedIn

    Instagram

    Markey International Arts

    Ice Academy of Montreal

    The Thin Book of Trust

    Richard Branson & Virgin Atlantic

    The End of Your Life Book Club by Will Schwalbe

    If by Rudyard Kipling

    Lovely Day by Bill Withers

    Rake









    Connect with REIN Canada

    REIN Canada

    CEO@reincanada.com

    Facebook

    Instagram

    Twitter





    Show Notes

    [02:08] Patrick introduces his next guest, Charles McKee.

    [03:56] Charlie and Patrick dive right in to discuss the strange times we find ourselves in amid COVID-19.

    [05:13] Charlie gives us his elevator pitch! What he does, who he works with and now reaching beyond his 30-year career pursuits into new passion projects.

    [08:06] In the space of marketing and taking on new brand challenges, Charlie takes us through his process of identifying the conundrum, the problem to solve, and the underlying curiosity and confidence to address solutions from less obvious angles. Intuition plays a part, always backed by data.

    [10:05] Charlie talks about Air Canada and the challenges they faced with a new merger, followed by SARS and 9-11 as an illustration of how an airline company, or any business, can adapt and retool to rise to the challenge and find a way through to emerge stronger.

    [14:22] Reflecting on the COVID-19 reality now, while considering what a “new world” may look like going forward, Charlie describes the focused response areas and the relevant streams of understanding all businesses will need to contemplate in the context of market demand and client appetite. Patrick and Charlie agree, there is no going back. Transparency and trust will be the fundamental factors.

    [19:48] Patrick and Charlie discuss the Four Dimensions of Trust as the core components of any relationship. Truth. Reliability. Competence. Care. Together they create an outcome. An outcome of trust that can only be earned.

    [22:55] Markers of trust between a rental housing provider and a client: being of service, aligning values as part of the screening process and creating a values-based relationship.

    [26:50] Charlie takes us back to high school and time spent living with a family in Japan, followed by continued East Asian studies at Brown and Harvard, which indirectly lead to an encounter with Richard Branson and an opportunity with a little company called Virgin.

    [29:58] Charlie shares a lesson he learned while working with Richard Branson.

    [31:30] From a family of achievers (including his Great Grandmother who was the first president of the Girl Scouts of America and a good friend of Eleanor Roosevelt) and a world of possibility provided by a supportive family, Charlie was encouraged to embrace independent thinking and make the most of the gifts they had been given.

    [38:30] Charlie gives his perspective of nature and nurture as the underlying drivers of our life path.

    [39:53] Initially driven by curiosity, interests in sociology, psychology and how it manifests through commerce, Charlie takes us along his early journey and the pivot point that led to a broad unfolding of his capabilities and talents.

    [42:32] Vulnerability. Through trial and error, and simply getting out and doing it, Charlie came to realize that owning and authentically exhibiting this quality was the most significant part of being a good leader.

    [45:55] Charlie gives thanks for the great mentors he has had along his j...

    • 1 hr 24 min
    Episode #88 – Gary Mauris – Aligning Opportunity to Grow Stronger

    Episode #88 – Gary Mauris – Aligning Opportunity to Grow Stronger

    “Now is not a time for selling, now is a time for servicing. Reach out and build those relationships, purify your database, do something good. When you come out of this thing, if you use your time effectively, you’re going to be much stronger than so many other people. And in some ways, it’s a gift and it’s an opportunity.” – Gary Mauris  



     





    Connect with Gary Mauris

    LinkedIn

    Facebook

    Instagram

    Website







    Selected links and people mentioned from this episode:

    Interview with Prime Minister Justin Trudeau - 2016

    Dominion Lending Centres

    Real Estate Investment Network

    David Chilton

    Extreme Ownership by Jocko Willnick

    Gary Vaynerchuk

    The Compound Effect by Darren Hardy

    The Winners Dream by Bill McDermott

    The Alchemist by Paulo Coelho







    Connect with REIN Canada

    REIN Canada

    CEO@reincanada.com

    Facebook

    Instagram

    Twitter







    Show Notes

    [02:08] Patrick introduces his next guest, Gary Mauris.

    [03:50] Gary and Patrick get their conversation underway rooted in a new reality.

    [04:57] Gary shares his motto for life along with what he’s up to these days.

    [07:04] From the other side of the desk, as the President & CEO of Dominion Lending Centres, Gary gives his perspective of the mortgage and banking industry amid COVID-19.

    [10:05] In the reality of investigating liquidity and planning in an ever-shifting environment, Gary discusses questions around mortgage deferrals and shoring up finances. We still have to live life but there’s no doubt things have dialed down.

    [15:43] Thoughts around 6-month deferrals as the effects of COVID potentially ripple into May, June and beyond and the differences of the 2007-08 financial crisis vs. the health crisis we are facing now. Messaging from the Canadian Finance Minister to big banks – do what you have to do to help Canadians.

    [18:50] Economic fallout is real. Regardless of the viewpoint of what this may or may not be on a global level, real economic crisis is happening. Nobody knows for sure but Gary offers his thoughts on potential recovery and pent up demand after a pandemic.

    [23:07] Gary talks about interest rates and taxes, where they’ve been and where he sees them going.

    [27:35] Gary and Patrick look at the reality of commercial space changing as more people find themselves working from home, the rate at which Gary finds banks and the housing industry moving in the face of necessity and the opportunity that exists in this period of downtime.

    [33:17] Gary shares a personal story which illustrates the power of seizing opportunity during the downtime that the downturn of 2008-2009 provided.

    [37:15] Patrick takes a moment to commend Gary for the work he has done over the last 14 years while keeping a solid reputation in the industry.

    [39:12] Gary shares his primary strategy and leadership style which stemmed from his “accidental mentor.” He not only sees this as part of the success Dominion Lending Centres (DLC) has achieved but the #1 reason. Aligning and staying true to his values, Gary walks his talk.

    [39:34] Paul circles back to CORE and elaborates on the four dimensions within our adversity quotient: Control (what we can & can’t); Ownership (how likely is your step-up factor); Reach (how far do you perceive this will affect everything else) and Endurance (how long do you perceive this to last or endure).

    [45:32] Older and wiser. Gary’s truth is much the same of those who came before; we learn and grow and become wiser with age and experience. A voracious learner, he believes investment in self development is the most important thing we can do for ourselves to become stronger leaders for ourselves and for those around us.

    • 1 hr 30 min
    Episode #87 – Paul G. Stoltz – The Response is Everything

    Episode #87 – Paul G. Stoltz – The Response is Everything

    “Adversity = life. It’s the most timeless, universal facet of our journey” – Paul Stoltz  





    







     





















    Connect with REIN Canada

    REIN Canada

    CEO@reincanada.com

    Facebook

    Instagram

    Twitter

    Show Notes

    [02:08] Patrick introduces his next guest, and old friend, Dr. Paul Stoltz.

    [04:58] A familiar name and voice to the long-time REIN community, Paul briefs us on his elevator pitch with a question to answer the question.

    [06:54] CORE and the Adversity Quotient (AQ). In the face of a world changing event that has produced an adversity-rich environment, Paul provides a narrative for the work he does and the seed from which it naturally grows.

    [10:15] Paul explains that working with people to measure how they respond to and deal with adversity (adversity quotient), then measurably improving it, rewiring and strengthening it, better supports every single interaction of our lives. Consider individuals and organizations with the highest AQ, how can we mimic and master their actions to have a radically better outcome from this most unusual time?

    [13:44] Patrick and Paul talk about how REIN is harnessing this adversity and taking it on to empower the REIN Member community and take a stand for leadership amid the confusion.

    [14:45] The work within the Adversity Quotient book has incredibly far-reaching global impact. Written in 1997, it just went #1 in China in 2019 – 2020. It is also part of the curriculum at Harvard School of Business and M.I.T. Adversity is a universal reality of life. Everyone is impacted by it without exception.

    [19:38] Nature vs. nurture - how is our adversity quotient generally determined? Can it be rewired?

    [22:30] A few new physical distancing terms to add to your toolbox: Zoom Bloom and Quarantine 15!

    [22:54] Paul offers a simple test if you’ve never explored your response to adversity. It starts with five people who know you best and no consequence to their answer. Does that introduction cause you to sweat or get excited?! That may be an indicator.

    [25:46] An equal part of the adversity quotient is not only facing the challenge itself but also how we show up, or don’t, within that challenge. Paul talks about the research they’ve conducted with global leaders around these two concepts. This led to GRIT® Growth, Resilience, Instinct, Tenacity.

    [25:46] An equal part of the adversity quotient is not only facing the challenge itself but also how we show up, or don’t, within that challenge. Paul talks about the research they’ve conducted with global leaders around these two concepts. This led to GRIT® Growth, Resilience, Instinct, Tenacity.

    [35:22] Grit isn’t only about facing the huge mountain and overcoming the challenge. It also comes in the form of everyday challenges, sometimes the hour to hour reality of working at home with your whole family in self-isolation, job loss, someone who is sick. The work is in mastering our core response, particularly as a role model for our family.

    [39:34] Paul circles back to CORE and elaborates on the four dimensions within our adversity quotient: Control (what we can & can’t); Ownership (how likely is your step-up factor); Reach (how far do you perceive this will affect everything else) and Endurance (how long do you perceive this to last or endure).

    [46:37] Paul illustrates CORE within context of what the response to COVID-19 has created and he offers his personal perception of it.

    [46:37] Paul illustrates CORE within context of what the response to COVID-19 has created and he offers his personal perception of it.

    [53:44] Paul outlines some of the qualities that show up in the data for high AQ individuals. At the heart of a high AQ lies a decision to show up,

    • 1 hr 45 min

Customer Reviews

4.9 out of 5
86 Ratings

86 Ratings

Watson Estates ,

Success Starts Here!

We had the great privilege of having Patrick on our show, Toronto’s #1 Real Estate Podcast. Thank you for constantly sharing insight through REIN about our local Toronto market. We highly recommend learning from one of Canada’s best!

genxfree2020 ,

I am hooked!

I just listened to your interview with Gary Mauris from Dominion Lending (#88). Great questions and awesome insights. I felt like I was sitting in a cozy living room listening to you both share impactful experiences and approaches to business and life. Thank you! I look forward to more hours of learning from this podcast and plan on sharing with others.

Hillierwayne ,

I’ve listened to every episode!

I’ve learned so much from this podcast that’s helped me become a better real estate investor. It’s not about how to invest in real estate, it’s about who you have to become.

The guests that he has on always have so much to share!

Subscribe to this channel. It’s a must-listen for all Canadian Real Estate Investors!

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