Today's Flash Back Friday comes from Episode 490, originally published in March 2015.

On today's Creating Wealth introduction, Jason invites Memphis and Little Rock market specialist, Jeremy on to the call. Jeremy talks about his interest in physics and what's going on in these two real estate markets right now. Jason invites Peter Sage from Extreme Entrepreneur to be today's Creating Wealth guest. He is a serial entrepreneur who started his first business at 17. Fernando also joins as guest co-host with Jason and the two ask Peter a series of insightful questions. On the show, Peter shares insight as to why he had a drive to become an entrepreneur, how to find your passion, your why, and much, much more on today's episode. 

Key Takeaways:

2:30 – Jeremy talks about the double split experiment in physics. 

13:20 – What's currently going on in the Memphis and Little Rock market? 

18:30 – Jason introduces Peter Sage and Fernando on to the show. 

28:30 – Get in touch with what you're passionate about. Ask yourself questions about your life purpose. 

39:40 – Why is it that some people struggle to change and others don't? Peter explains. 

61:30 – How do we prevent ourselves from falling back into the same old routine? 

68:20 – Peter talks about his purpose and his why. 

73:20 – Peter talks about his space-based solar power energy project that he started. 

78:30 – Pharmaceutical companies are not interested in curing diseases, they only want to maintain them. This current medicine model has to change. 

Jason Hartman starts today's episode from the Money Museum, on location at the Kansas City Fed with KC LMS Dave. The two discuss the Kansas City and the Quad Cities rental markets, what you can get for your money in each and what to expect area wise.

Then Jason finishes his interview with family office expert Richard Wilson as the two discuss how much money it takes to make a family office, the importance of integrity in business and investing, and which niche domination can be a good strategy.

Key Takeaways:

[2:58] It only takes 24 minutes to print 10 million new $100 bills

[7:00] What are the Quad Cities and what is the market like there?

[11:23] The types of repairs being done on Dave's properties to make them turnkey

[14:39] The cost of rehabs have gone way up over the past 7-10 years

[16:37] Dave's advice for what type of property is the best for an out of area investor

Richard Wilson Interview:

[21:34] The net worth you need to make a family office worthwhile

[25:20] Niche domination as a strategy

[29:20] If you don't have a focused approach to investments, and don't do things highly intentional, you'll never have synergy

[31:20] You need to have a dashboard and compass as to where you want to go, and it needs to be documented

[33:52] Everything in your life and business needs to have integrity

Website:

www.FamilyOffices.com