Business And Investing Sherpa

The Business and Investing Sherpa

Welcome to the Business and Investing Sherpa Podcast, where we’ll teach you how to build an automated, scalable, multi million dollar e-commerce business just like we did. Plus, we'll teach you how to invest the profits to reach financial independence and a whole lot more. We’re not interested in retiring early though, but rather, building a life we never want to retire from!

  1. 01/22/2021

    19: BITCOIN - Why to Buy, How to Buy, and What to Do After You Buy?!?!

    Today we're talking BITCOIN! Why to Buy, How to Buy, and What to Do After You Buy?!?!? ______________________________________ There's One Stock We Love Most - Click to Get Access Now ... We Plan to Hold Forever. Just $10K invested in this stock 34 years ago is now over $1.2 Million, compared to $300K for the S&P500. Plus, its runway is massive and its business model is extremely diversified, making for an ideal buy and hold forever dividend growth stock. Today you'd be getting over $15K per year in dividends alone on your initial investment! ______________________________________ Access Our Monthly Comprehensive Investment Research Report Here   Access Our Monthly REIT Research Investment Report Here   ______________________________________ Today We're Talking about BITCOIN!  and why you should buy it, how to buy it, and what to do with it after you buy it. We discuss why we believe you may want to consider having at least a small allocation of Bitcoin in your portfolio including topics such as: Scarcity The Growing Narrative Rampant Money Printing The two sides of the Trade Where to buy Bitcoin When should you sell Bitcoin?  Should you HODL or trade it?  What are we doing ourselves? ______________________________________ ***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/ ______________________________________ Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1 M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing. ______________________________________ Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendation) - Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10 ______________________________________ Disclaimer: The above links contain affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!

    25 min
  2. 01/07/2021

    18: Should You Be Investing More Into Innovative Growth Stocks? Talking Artificial Intelligence, Genomics, Cloud Computing, Robotics, and Fintech

    There's One Stock We Love Most - Click to Get Access Now ... We Plan to Hold Forever. Just $10K invested in this stock 34 years ago is now over $1.2 Million, compared to $300K for the S&P500. Plus, its runway is massive and its business model is extremely diversified, making for an ideal buy and hold forever dividend growth stock. Today you'd be getting over $15K per year in dividends alone on your initial investment! ______________________________________ Access Our Monthly Comprehensive Investment Research Report Here Access Our Monthly REIT Research Investment Report Here ______________________________________ Today We're Talking Innovative Growth Stocks - think Artificial Intelligence, Genomics, Cloud Computing, Robotics, and Fintech We discuss why we believe you may want to consider having a tilt in your portfolio towards innovative growth stocks and topics such as: Wright's Law Moore's Law Ark Invest Innovative Growth and Declining Cost Curves Stimulus and Low-Interest Rate Environment How does today compare to the Tech Bubble in 1999? ______________________________________ ***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/ ______________________________________ Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1 M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing. ______________________________________ Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendation) - Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10 ______________________________________ Disclaimer: The above links contain affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!

    35 min
  3. 01/06/2021

    17: Is the Stock Market a Bit Bubbly Right Now? Discussing Current Market Valuations

    There's One Stock We Love Most - Click to Get Access Now ... We Plan to Hold Forever.  Just $10K invested in this stock 34 years ago is now over $1.2 Million, compared to $300K for the S&P500. Plus, its runway is massive and its business model is extremely diversified, making for an ideal buy and hold forever dividend growth stock. Today you'd be getting over $15K per year in dividends alone on your initial investment! ____________________________________________________ Access Our Monthly Comprehensive Investment Research Report Here Access Our Monthly REIT Research Investment Report Here ____________________________________________________ Today We're Talking Today's Stock Market Valuation - Does it Seem a Bit Bubbly? We discuss all things valuation including: Buffet Indicator CAPE Schiller PE Historical Price to Earnings Can you time the market based on market valuation? And a whole lot more! ____________________________________________________ ***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/ ____________________________________________________ Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1 M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing. ____________________________________________________ Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendations) - Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10 ____________________________________________________ Disclaimer: The above links contain affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!

    31 min
  4. 01/05/2021

    16: Talking Bitcoin, Crypto, and BlockFi Once Again

    Today we're talking Cryptocurrency, Blockchain, Bitcoin, and BlockFi BlockFI is a platform that allows you to earn up to 8.6% APY on crypto assets, including USD stable coins. They are able to accomplish this by providing lending solutions to individuals and institutions who want to either borrow crypto or get access to cash without having to sell their crypto assets. An example: An individual bought Bitcoin when it was $4,000 and now it is $20,000. They initially purchased 5 shares which are now worth $100K and would like to use that asset to upgrade their kitchen but don't want to sell their bitcoin to do so because it would be a taxable event and take a large bite out of their asset. Instead, they take a loan from BlockFI for up to $50,000 at a 9.75% interest rate and 2% origination fee. Because banks aren't yet comfortable with accepting bitcoin as collateral to lend against, BlockFI can charge moderately high rates and afford to pay its' investors a high rate of return on their investment. We are currently moving forward with an investment in BlockFI and think you should look into them too. ***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/ Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1 M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing. Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendations) - Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10 Jungle Scout - (30% Discount with this Link) Great for Product Research  - https://businessandinvestingsherpa.com/junglescout TaxJar - Essential for Sales Tax Collection for Sales on Your Website - https://businessandinvestingsherpa.com/taxjar QuickBooks - What we use for accounting, we love setting up automated rules - https://businessandinvestingsherpa.com/quickbooks Disclaimer: The above links are affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!

    30 min
  5. 12/18/2020

    14: How to Get Rental Properties for FREE. Seriously.

    The topic and strategy we are going to discuss today is How to get rental properties for free using the BRRRR method. BRRRR stands for: Buy Rehab Rent Refinance Repeat Essentially, you are looking to buy a house for less than it’s worth with cash (can be yours or someone else’s (for example, investors and hard money lenders) and then refinance it at a higher value so that you get all of your cash back and now you have the property for free! The best way to understand this is by looking at an example: You buy a house for $80,000 from a wholesaler that is worth $125,000 (determined by running comps on other home sales in the neighborhood) You spend $20,000 fixing the home up.  Now your total cost is $100,000 (again, you can use your own cash if you have it or borrow it from hard money lenders) You rent the house out for $1,250 per month. You go to your bank and have them get an appraisal on the home and it comes back at $125,000. You refinance the house with the bank for an 80% loan to value.  Because the appraised value of the house is $125,000, that means they will give you 80% of that value in cash (which in our case 80% of $125,000 is $100,000) so you will receive a check for $100,000 dollars and will have a new mortgage for $125,000. With this strategy, you are basically creating the down payment by forcing the equity appreciation.  Using the BRRRR method, you don’t have to save the $25,000 down payment that would be necessary to buy this home if you just bought it normally for $125,000. Altogether, this strategy makes sense if it is more time and cost-effective for your personal situation to do the work to force the equity appreciation as compared to saving the $25,000 that would normally be required to buy a rental property worth $125K at 20% down. The BRRRR method allows you to build a very large portfolio in a short amount of time if you want. We have used this method on a couple of rental homes ourselves and it worked just as planned.  Our appraised values were actually much higher and we were able to pull out extra money to keep as a cash reserve or even invest in other ventures. Although there are many beautiful elements to this investment strategy, we have not done any more and are even in the process of selling one of these properties.  In future episodes we will share more details and stories about our experiences with single family rentals. If you want to know a bit more about our thoughts on this topic now, though, just go listen to Episode 2 on why we love investing in REITs more than Rental Properties. If that sparks your interest in REITs, then you should definitely consider signing up for our monthly investment update report because, in that report, we give access to all of our REIT holdings and even give a list of the best REITs in our opinion to buy that month as well as our own purchases and sales for the month. Sponsor: M1 Finance: it's FREE, allows you to purchase partial shares, and allows you to do automatic rebalancing.

    25 min
  6. 12/11/2020

    13: Build Your Business Step 6 - How to Reach Out to Manufacturers to Get Pricing Details and Samples

    How to Reach Out to Manufacturers to Get Pricing Details and Samples: While vetting suppliers, there’s more to consider than just price. Though pricing is very important, other factors such as quality and communication are equally important. In this section, you will learn some tips and tricks for getting manufacturers to take you seriously along with our Free Supplier Contact Template. Here are the steps we recommend: Go to Alibaba.com and AliExpress.com and search for your product (or very similar products) GlobalSources.com is another good option to find suppliers On Alibaba.com, click the boxes on the left for “Verified Supplier” and “Trade Assurance” Also, select the boxes for “Management Certification” if present On Alibaba and AliExpress, look for very similar products to yours at good prices Send a message to the supplier(s) on Alibaba and contact the seller(s) on AliExpress that you think look promising by sending them the Free Template we mentioned in the show by clicking here (revise it for your brand) Respond back and forth with the trade company, or sourcing agent until you find one that communicates well with you, appears flexible enough on quantities to work with, and is willing to make products Private Labeled with your own brand on them Negotiate the Pricing of Initial and Bulk Orders Check that the Margin will meet our recommended criteria (details in episode on how to calculate margin and what our ideal thresholds are) Potentially use 1688.com tactic (described in the episode) Get Samples and Compare Quality (very common to pay $100-300 for the effort that goes into preparing and shipping samples) Choose Your Favorite Manufacturer and Place Your First Order (we will discuss in detail in the next Build Your Business Series Episode) ***** If you want to start your own online Amazon eCommerce business simply follow the steps of our Free Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-start-an-amazon-business/ Today's Sponsor: Helium 10 - Our #1 Must-Have Tool to Succeeding on Amazon (Special Offer: 50% Off your 1st month or 10% Off every month with our affiliate link): https://businessandinvestingsherpa.com/helium10 Top Investing Tool: M1 Finance - Our favorite investment tool because it’s FREE, allows you to purchase partial shares, and allows you to do automatic rebalancing - https://businessandinvestingsherpa.com/m1 Disclaimer: The above links are affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!

    29 min
  7. 12/04/2020

    12: How to Earn 8.6% Interest (APY) through Cryptocurrency Lending with BlockFI - Today We're Talking Crypto, Blockchain, Bitcoin and BlockFI

    Today we're talking Cryptocurrency, Blockchain, Bitcoin, and BlockFI BlockFI is a platform that allows you to earn up to 8.6% APY on crypto assets, including USD stable coins. They are able to accomplish this by providing lending solutions to individuals and institutions who want to either borrow crypto or get access to cash without having to sell their crypto assets. An example: An individual bought Bitcoin when it was $4,000 and now it is $20,000. They initially purchased 5 shares which are now worth $100K and would like to use that asset to upgrade their kitchen but don't want to sell their bitcoin to do so because it would be a taxable event and take a large bite out of their asset. Instead, they take a loan from BlockFI for up to $50,000 at a 9.75% interest rate and 2% origination fee. Because banks aren't yet comfortable with accepting bitcoin as collateral to lend against, BlockFI can charge moderately high rates and afford to pay its' investors a high rate of return on their investment. We are currently moving forward with an investment in BlockFI and think you should look into them too. ***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/ Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1  M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing.  Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendations) -  Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10 Jungle Scout - (30% Discount with this Link) Great for Product Research  - https://businessandinvestingsherpa.com/junglescout  TaxJar - Essential for Sales Tax Collection for Sales on Your Website - https://businessandinvestingsherpa.com/taxjar  QuickBooks - What we use for accounting, we love setting up automated rules - https://businessandinvestingsherpa.com/quickbooks  Disclaimer: The above links are affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!

    29 min
5
out of 5
7 Ratings

About

Welcome to the Business and Investing Sherpa Podcast, where we’ll teach you how to build an automated, scalable, multi million dollar e-commerce business just like we did. Plus, we'll teach you how to invest the profits to reach financial independence and a whole lot more. We’re not interested in retiring early though, but rather, building a life we never want to retire from!