Profit First for Real Estate Investors

By David Richter

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Category: Investing

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Episodes: 227

Description

You’re a real estate investor who is passionate about real estate and making a difference in your community. You’re a hard worker and you love the freedom that comes with being your own boss and owning your own business. You started this business because you wanted more time and money in your life, but financial freedom seems to always be on the other side of that “next” deal. Like most real estate business owners, you are broke and have no control over your finances, and it’s hard to admit it. You know how to make a lot of money, and you keep working harder and harder, but have little to nothing in your bank accounts to show for it. You give the keys to your finances to some bookkeeper or accountant that you “hope” will fix all the problems, yet the problem seems to get worse. You often feel like a rat in a maze, sometimes living from deal to deal, hoping to work your way out debt. This leads to feelings of stress and overwhelm because you aren’t paying yourself enough and you’re just one bad deal away from going out of business. It’s time to stop living paycheck to paycheck and start actually keeping more of the money you work so hard to make! To have less stress, less confusion, to sleep better at night, and have a healthy, profitable business that enables you to have more time with your friends and family, not less. It’s time to start putting more actual profit in your pockets and know what you can spend on yourself, your family, and on growing your business. The key to this future is to put profit first and have a system for your cash flow that is dependable and reliable. Cash is not king, cash management is king.When you control your cash, you control your business. And when you control your business, you’ll have more profit and more time to do more of what you love. You got into this business to achieve true time and money freedom in your life and I’m here to show you, that with the right systems in place, you can have all of those things…and so much more. We’re the Profit First for Real Estate Investors Podcast, where we put profit first because it changes the way we live our lives, build our businesses, and pursue the things that matter the most. Our mission is to make money “one less thing” you worry about by empowering you with the tips, tactics, and strategies you need to finally take control of your finances…and of your life. Join us each week on the Podcast as we speak with real estate investors from around the country who put profit before expenses, value substance over status, and place the health of their business above growing their egos. In each episode, real estate investors from across the country will share how they’ve completely changed their business by implementing Profit First. You’ll hear how these battle hardened real estate investors were able to completely turn around and revolutionize their businesses, and in many cases, their lives, and learn from their mistakes and failures...so you can avoid doing the same things in your own business. We focus on the journey to greater profitability and cash in your pocket without becoming a financial wizard or needing to close more deals. Earning more money and keeping more of what you earn is the only true path to freedom. You don’t need to do more deals to keep more money, you just need to take your profit first. Welcome to the Profit First for Real Estate Investors Podcast.

Episode Date
Flipping the Script: How Bill Allen Turned Education into Empowerment
Apr 16, 2024
The Importance of Staying Liquid and Paying Yourself First
Apr 10, 2024
The Land Investor's Playbook: Winning Strategies for Maximizing Returns
Apr 02, 2024
Cornerstones of Success: Building Your Real Estate Business Brick by Brick
Mar 26, 2024
The Power of Verbs Over Nouns: A Fresh Approach to Money Management
Mar 19, 2024
Redefining Success: A Story of Adaptation and Growth in Entrepreneurship
Mar 12, 2024
Unshackling Entrepreneurship: Finding Freedom Beyond Financial Success
Mar 05, 2024
Balancing Business and Family: Lindsay Sharma's Path to Financial Clarity
Feb 27, 2024
Real Wealth Network: Building a Community of Real Estate Investors with Kathy Fettke
Feb 20, 2024
Insider Insights: Mathew Pezon Shares Secrets to Profit First Mastery
Feb 13, 2024
Building a Thriving Real Estate Business with Supercharged Offers
Feb 06, 2024
From Intent to Impact: Strategies for Successful Real Estate Transactions
Jan 30, 2024
Achieving Balance and Prosperity: The Entrepreneur Freedom Formula Revealed
Jan 23, 2024
Empowering Women in Real Estate: A Conversation with Liz Faircloth
Jan 16, 2024
Learning from Setbacks: Lessons from the 2006-2007 Financial Crisis
Jan 09, 2024
Manufactured Houses and Million-Dollar Dreams: Navigating the Rollercoaster of Real Estate
Jan 02, 2024
Air Force Captain to Real Estate Mogul: A Path to Early Retirement
Dec 26, 2023
Sam Wegert's Entrepreneurial Journey: From Martial Arts to Co-Living Real Estate
Dec 19, 2023
Adapting to Change: Anderson Advisors' Ongoing Evolution in Tax and Real Estate
Dec 12, 2023
Building Wealth through Real Estate: Mathew Pezon's Buy and Hold Strategy
Dec 05, 2023
From Failed Flip to Marketing Maven: Bob McIntosh's Real Estate Success Story
Nov 28, 2023
The Human Side of Business: Tough Decisions and Leadership with Steve Trang
Nov 21, 2023
Strategies for Success: Lessons Learned from Jeremy Beland's 400+ Real Estate Deals
Nov 14, 2023
Ten Years, Countless Deals: Anthony Coffey on the Frontlines of Real Estate Innovation
Nov 07, 2023
Navigating Short-Term Rentals and Real Estate Success with Jen Josey
Oct 31, 2023
Mindset Shifts for Financial Liberation: Real Estate Success Stories
Oct 24, 2023
Effective Marketing for Real Estate Investors with Brandon Bateman
Oct 17, 2023
Real Estate Success: From Engineering to Real Estate Financial Savvy
Oct 10, 2023
Achieving $20 Million in Real Estate Volume: Tony Clark's 12-Month Success
Oct 03, 2023
From Teaching Spanish to Teaching Accounting: Shannon Weinstein's Journey
Sep 26, 2023
From Big Four to Real Estate Profit: A CFO's Journey and Tips
Sep 19, 2023
Leadership, Team Performance, and Trauma Freedom with Annie Yatch
Sep 12, 2023
From Construction to Wholesaling: A Backwards Journey to Success
Sep 05, 2023
Unpacking the Profit First Approach with Jason Marks
Aug 29, 2023
From Claustrophobia to Financial Freedom: Aaron Chapman's Remarkable Path
Aug 22, 2023
Creating Cashflow and Control in Real Estate: A Profit First Tale
Aug 15, 2023
Unveiling the Path to Profitable Real Estate Entrepreneurship: From Shiny Objects to Financial Focus
Aug 08, 2023
Wheelchairs and Real Estate: How Augie Byot Lives His Legacy through Chair the Love
Aug 01, 2023
Behind the Scenes: The Enrolled Agent's Guide to Financial Success
Jul 25, 2023
From Crisis to Prosperity: How Chris Prefontaine Navigated the 2008 Crash
Jul 18, 2023
Profit First in Real Estate: Transforming Your Business for Financial Freedom
Jul 11, 2023
From Feast-and-Famine to Financial Stability: How Profit First Revolutionized Real Estate Investing
Jul 04, 2023
From Chaos to Clarity: How Profit First Revolutionized Our Real Estate Business
Jun 27, 2023
Ignite Your Real Estate Fortunes: Insider Strategies from Elite Investors
Jun 20, 2023
Numbers Don't Lie: Mastering Financial Intelligence in Real Estate
Jun 13, 2023
Mindful Money Management: Real Estate Tips Inspired by Profit First Principle
Jun 06, 2023
The Profit First Approach: How to Double Your Real Estate Profits
May 30, 2023
Conquering Financial Challenges: The Roadmap to Economic Freedom
May 23, 2023
Navigating Change and Achieving Profitability: A Real Estate Journey with Profit First
May 16, 2023
How Sheri Fluellen Uses Psychology To Help Real Estate Investors Achieve Their Goals
May 09, 2023
Prioritizing Profit, Escaping The Deal-to-Deal Cycle with Alex Chizhik & Shimon Lazarov
May 04, 2023
Joseph & Jenn Delle Fave, The Duo Behind The Creative Finance Playbook, Share How Profit First Changed The Course Of Their Business
May 01, 2023
Building Wealth Through Passive Income With RJ Bates
Apr 27, 2023
How Profit First Broke Unhealthy Financial Habits With Paul Sparks
Apr 24, 2023
More Real State Advise from a Multifamily Investing Academy Creator, Charles Dobens
Apr 20, 2023
What You Need To Know Before Investing In Real Estate With Joe McCall
Apr 17, 2023
Cold Calling Expert Nicholas Nick Explains How Knowing Your Numbers Is Key
Apr 13, 2023
How Eric Brewer Has Closed 3000+ Real Estate Transactions
Apr 10, 2023
How This Professional Athlete Transitioned To Full-Time Real Estate Investor
Apr 06, 2023
How Noah Has Developed Security, Control, and Avoiding Ego Investing
Apr 03, 2023
What Keeps Investors From Using Self-Directed IRAs with John Bowens
Mar 30, 2023
How Paul Do Campo’s Money Mindset Helped Him Reach His Goals
Mar 27, 2023
Don’t Feel Guilty Taking Money Out Of Your Business with Cory Boatright
Mar 23, 2023
Krisstina Wise, CEO and founder of Wealthy Wellthy, helps entrepreneurs achieve success without sacrificing personal health & happiness
Mar 20, 2023
Staying Disciplined With The Profit First Model Helped David Pupo Grow His Business
Mar 16, 2023
How Profit First Helped Bob Lachance Grow His Virtual Assistant Company
Mar 13, 2023
A Psychologist’s Perspective: The Struggles & Difficulties Investors Face; Why Profit First Can Help With Scott Emsley
Mar 09, 2023
Why Giselle Loayza Implemented Profit First From The Onset Of Her Business
Mar 06, 2023
Creating Long-Lasting Cashflow & Wealth Because Of Profit First With Chris Miles
Mar 02, 2023
Implementing Profit First Principles From The Start Helped Ray Zhang’s Land Business Thrive & Grow
Feb 27, 2023
More Profit First Lesson and Tips from Jerry Green, founder of Real Estate Solutions, Inc on how
Feb 23, 2023
How Profit First Helps Esteban Andrade Manage Five Revenue Streams
Feb 20, 2023
How Tim Oppelt Has Persevered Through Difficulties In His Real Estate Career
Feb 16, 2023
Living Deal-To-Deal Almost Forced Matt Theriault To Quit Real Estate, Then He Found Profit First
Feb 13, 2023
How this real estate investor Kaitlyn Phillips ultimately achieved success by applying Profit First
Feb 09, 2023
Brandon Cobb, co-founder and CEO of HBG Capital, discusses how he expanded his business operations to include real estate developments.
Feb 06, 2023
How this power couple used Profit First to rebuild their business with Adam & Amanda New
Feb 02, 2023
Zero to a Million - How a Strong Mentor, Great Partner & Profit First Got Him There with Michael McDonald
Jan 30, 2023
How Profit First Shaped This Father-Daughter CPA Firm with Byron McBroom & Melanie Sikma
Jan 26, 2023
Profit first lessons from a real estate expert and the founder of Express Homebuyers, Brad Chandler
Jan 24, 2023
Profit first lessons from a talented businessman and founding Parter of Ascend Partners, Trey Taylor
Jan 19, 2023
Profit first lessons from the owner of Stellar Realty Investments and an Air Force engineer, Scott Carlin
Jan 16, 2023
Profit first lessons from business coach & investor, Polish Peter
Jan 12, 2023
Profit first lessons from Florida probate king Al Nicoletti
Jan 09, 2023
Profit first lessons from a top real estate investor & educator Rod Khleif
Jan 05, 2023
Profit First Lessons From Pat Precourt A Highly Skilled Entrepreneur and Expert in Developmental Coaching
Jan 02, 2023
How Profit First Impacted David Dodge’s Favorite Business Model, The BRRRR Method
Dec 29, 2022
Profit First Lessons from The Owner Of Offer on homes & Sales Expert Nathan Payne
Dec 26, 2022
Profit First Lessons From A Successful Real Estate Investor and Wholesaler from Gainesville, Florida with Brett McCollum
Dec 22, 2022
Profit First Lessons From CEO of Renovestors and Real State Investors with George Salas
Dec 19, 2022
Profit First Lessons From A Investor, speaker, founder of Common Goal with Nick Prefontaine
Dec 15, 2022
Profit First Lessons From A 30+ years Experienced Real Estate Investors with Dwan Bent-twyford
Dec 12, 2022
Profit First Lessons From A Real Estate Investing Expert with Mark Podolsky
Dec 08, 2022
Profit First Lessons From A Digital Marketer with AJ Aluthwala
Dec 05, 2022
Perspective on Why Investors Often Live Deal to Deal with Mike Hambright
Dec 01, 2022
His Losing Everything Educated & Inspired John Humphrey
Nov 28, 2022
Why He Chose Real Estate and Multi-Family Investing with Sean Thomson
Nov 24, 2022
Financial struggles & the keys to success in real estate with Steven Pesavento
Nov 21, 2022
How Profit First Changed His Money Mindset and the Hardest Lessons he has Learned in Real Estate Investing with Greg Helbeck
Nov 17, 2022
How to Build Financial Freedom in Real Estate Investing with Brett Snodgrass
Nov 14, 2022
Marketing & Branding Principles To Grow Your Real Estate Business with Sharon Vornholt
Nov 10, 2022
The Hardest Lesson Learned with Justin Donald
Nov 07, 2022
Overcoming Habits and Fears and Developing as a Leader with Joe Theriault
Nov 03, 2022
Principles of Successful Marketing and Common Mistakes People Make in Marketing with Bryan Driscoll
Oct 31, 2022
Struggles and Financial Stress as a Business Owner and Biggest Keys to Success with Casey Smith
Oct 27, 2022
Lessons Learned on Money with Jack BeVier
Oct 24, 2022
Developing Good Money Habits with Neil Timmins
Oct 20, 2022
The Benefit of Profit First for Real Estate Investors with Aryeh Sheinbein
Oct 17, 2022
Lessons Learned and how Profit First helped him through his hardest year with Brandon Neely
Oct 13, 2022
Building Other Businesses Around Your Core Business with Daniel Martinez
Oct 10, 2022
Steve Rozenberg's Recipe for Success: Know Your Numbers and Fail Often
Oct 03, 2022
More Profit, More Savings, and Less Stress with Chris and Julie Gould
Sep 29, 2022
How Profit First Can Give You Peace of Mind in Hard Times With Jonathan Tovar
Sep 26, 2022
Ditch the Fear, Know Your Numbers, and Take Action With Paul White
Sep 22, 2022
How Paul Moore Subdivided His Way Out of $2.5 Million in Debt
Sep 19, 2022
From Wall Street Misery to Finding Purpose in Real Estate with Daniil Kleyman
Sep 15, 2022
Getting Your Time Back and Profit First Basics With Oscar “The Closer” Setiawan
Sep 12, 2022
Brittany Thompson’s Vision-Driven Journey With Profit First
Sep 08, 2022
Lien With It, Rock With It: Jay Drexel’s Journey From Retail Arbitrage to Tax Lien Investing
Sep 05, 2022
Generational Wealth and Leaving a Legacy With Trey Taylor
Sep 01, 2022
So Long, Corporate America: Paul Thompson’s Journey to Freedom and Abundance
Aug 29, 2022
From India to America: Kapil Singla’s Profit First Journey
Aug 25, 2022
Action + Action: Mike Fitzgerald's Simple Formula for Massive Results
Aug 22, 2022
Overcoming the Challenge of Fear in Real Estate With Brad Blazar
Aug 18, 2022
Stop Trading Your Time for Money: A Profit First Journey With Nick Perry
Aug 15, 2022
A Mindset of Abundance: How Ken Van Liew Created a Real Estate Empire
Aug 11, 2022
Investing to Learn or Learning to Invest? How Not to Be a Dinosaur With Mike Zlotnik
Aug 08, 2022
Building a Legacy of Generational Wealth With Josh Cantwell
Aug 04, 2022
Building Your Mental Toolbox: The Key to Success With Glenn & Amber Schworm
Aug 01, 2022
Money Can’t Buy Happiness, but It Can Buy Freedom: Financial Strategies With Mitch Stephen
Jul 28, 2022
Jay Conner’s Secret to Success (And It’s Not Money)
Jul 25, 2022
How Cashflow and KPIs Determine Your Growth Potential With Glenn Stromberg
Jul 21, 2022
A 7-Stage Growth Strategy That Has Helped Over 100,000 Businesses Scale With Carl Gould
Jul 18, 2022
Find Your Purpose and Leverage Systems: A Money Growth Strategy With Damon Remy
Jul 12, 2022
Learn to Fail and Do It More Often: How Anny Draginova Built a 7-Figure Empire With Batch
Jul 04, 2022
Find Your Niche and Pay Yourself First: A Guide to Financial Success With Dave Rice
Jun 27, 2022
From Praying for Rain to Making it Rain with Brad Smotherman
Jun 20, 2022
Drop the Guilt and Enjoy Your Profit: A Profit First Strategy With Melissa Johnson
Jun 13, 2022
How Profit First Helped James Manning Marry the Girl of His Dreams After Hitting Rock Bottom
Jun 01, 2022
Expand Your Thinking, Take Action, Repeat: A Blueprint for Financial Success with Rafael Cortez
May 27, 2022
Financial Peace Without Losing the Thrill of Investing With Scott Meyers
May 20, 2022
Think First and Drop the Ego - Leveling Up Strategies with Marck de Lautour
May 11, 2022
How to Work Smarter Not Harder With Cameron Dunlap
May 04, 2022
From BRRRR to Metal Boxes — How Scott Meyers went from King of Making Mistakes to King of Self-Storage
Apr 25, 2022
Do You Want to Make More Excuses or More Money? Real Estate Legend Ron Legrand Reveals His Money-Making Secrets
Apr 18, 2022
Why 90% Of Businesses Fail and How to Scale Up with Nick Bradley
Apr 13, 2022
How Overcoming Mental Roadblocks Will Make You More Profitable featuring Mark Stubler
Apr 10, 2022
The Two Keys to Financial Freedom: Profit First & Cash Reserves featuring Justin Silverio
Apr 10, 2022
How to Live Off Rentals and Stress Less w/ Vacation Rental Expert Kirby Atwell
Mar 24, 2022
Get More Money & Create Your Dream Lifestyle by Leveraging Profit First - w/ Short Sale Queen Nicole Espinosa
Mar 23, 2022
Building Your Dream Team - How the Right People and Systems Will Take Your Business to 7-Figures Featuring Tiffany & Josh High
Mar 11, 2022
From Wholesaling Houses to Building Apartments – How Mentorship & Profit First Helped Casey Ames Scale Multiple Businesses
Mar 04, 2022
How a Business Owner Multiplied His Profit in 90 Days Using Profit First featuring Josh Culler
Feb 26, 2022
How Paying Yourself First Makes You A Better Business Owner featuring Jeremy & Joshua Mathis
Feb 17, 2022
How Profit First Protects You from Economic Downturns Featuring Land Wholesaler Luke Harris
Feb 15, 2022
How to be Financially Free FAST With Fewer Deals Than You Think featuring Vance Courtney
Feb 04, 2022
The Secret to Making Millions by Buying Real Estate Notes with Discount Note Expert Eddie Speed
Jan 25, 2022
Build Your Real Estate Investing Business To Last For Generations with Cody Caswell
Jan 17, 2022
Marketing Secrets Revealed: How To Get Highly Motivated Seller Leads with TV Marketing. Featuring, Real Estate and TV Marketing Expert Tony Javier
Jan 10, 2022
Former Marine Matt Theriault Shares How To Make Millions in Real Estate
Jan 03, 2022
The Real Estate Investor's Guide to Instantly Assess The Health Of Your Business
Dec 28, 2021
What Profit First REI Means to Me - David Richter
Dec 21, 2021
How to Get Sellers Motivated to Sell With Master Hypnotist Paul Ross
Dec 14, 2021
How Profit First upgrades your mindset and increases your income: An Interview with Amy Ransdell
Dec 09, 2021
Why Not Tracking Your Numbers Will Kill Your Business with David Olds
Oct 26, 2021
Shifting From the Hustle Mindset to the Business Mindset with TJ Kosen
Oct 19, 2021
How Is Profit First REI Different?
Oct 05, 2021
The Three Pillars of a Solid Financial Foundation
Oct 04, 2021
Profit First Real Estate Investors Principles
Sep 28, 2021
Profit First Radically Changed His Business: An Interview with Nick Perry
Sep 21, 2021
How Important is Lender Relationships with Brent Daniels
Sep 14, 2021
Profit First and Infinite Banking Talk with Lane Kawaoka
Sep 07, 2021
Profit First Radically Changed His Business: An Interview with Don Costa
Aug 31, 2021
Wealth Building discussion with John Dwyer
Aug 24, 2021
How Important Are Lender Relationships with Jay Conner
Aug 17, 2021
Profit First Radically Changed His Business: An Interview with Chris Jefferson
Aug 10, 2021
The power of being able to control your finances with Joe Dillon
Aug 03, 2021
Profit First Radically Changed His Business: An Interview with Richard Brewer
Jul 27, 2021
Profit First Radically Changed Her Business: An Interview with Whitney Nicely
Jul 20, 2021
Profit First Radically Changed His Business: An Interview with Gabe DaSilva
Jul 06, 2021
Profit First Radically Changed His Business: An Interview with Joe Evangelisti
Jun 29, 2021
You need to take Action: An interview with Robert Syfert
Jun 22, 2021
Profit First Radically Changed His Business: An Interview with Shannon Robnett
Jun 15, 2021
How he started Real Estate Investing: An Interview with Kapil Singla
Jun 08, 2021
Profit First Radically Changed His Business: An Interview with Jason Wojo
Jun 02, 2021
Moral Responsibility of Real Estate Investors to Lenders
May 26, 2021
Increasing your Cash Flow: An interview with Chris Miles
May 11, 2021
New Rules of Real Estate Investing with Zach Beach
May 04, 2021
Volume driven vs Profit driven: An Interview with Steve Trang
Apr 27, 2021
What you want to avoid starting in Real Estate? with Tom Olson
Apr 20, 2021
How to scale profitably? with Brian Snider
Apr 13, 2021
Interested in Virtual Real Estate Wholesaling? with Paul Lizell
Apr 06, 2021
Want to get started in Real Estate? with Shaun Young
Mar 30, 2021
Profit First Radically Changed His Business: An Interview with Gary Boomershine
Mar 23, 2021
How to invest in Real Estate with Matt Theriault
Mar 16, 2021
Future of Real Estate Investing after COVID-19 with Jason Hartman
Mar 09, 2021
Profit First Has Kept Him Profitable from Day One: An Interview with Myles Berrio
Mar 02, 2021
Profit First Radically Changed His Business: An Interview with James Hodges
Feb 23, 2021
Profit First Radically Changed His Business: An Interview with Tim Davis
Feb 16, 2021
Interested in Selling Your Business for a Huge Profit? Then check out today's episode with Michelle Seiler Tucker
Feb 09, 2021
The Secret to Really Keeping More Money with Dave Rice
Feb 02, 2021
Profit First Radically Changed His Business: An Interview with Paul White
Jan 26, 2021
Making Your Finances Work for YOU with Robert Nickell
Jan 19, 2021
Profit First Radically Changed His Business: An Interview with Paul Thompson
Jan 12, 2021
Laying The Foundation of Profit First For Real Estate Investors Part 2
Jan 05, 2021
Profit First Radically Changed His Business: An Interview with Luke Carl
Dec 29, 2020
Profit First Radically Changed His Business: An Interview with Yassin Shaar
Dec 22, 2020
The Power of Knowing Your Numbers with Mike Hambright
Dec 15, 2020
Profit First Radically Changed His Business: An Interview with Chris Prefontaine
Dec 08, 2020
Profit First Radically Changed His Business: An Interview with John Morey
Dec 01, 2020
Less Deals More Profit with John Martinez
Nov 24, 2020
Profit First Radically Changed His Business: An Interview with Bill Kenny & Mike Webb
Nov 17, 2020
Profit First Radically Changed His Business: An Interview with Nick Aalerud
Nov 10, 2020
How Profit First Is Great When working with Private Lenders
Nov 03, 2020
Profit First Radically Changed His Business: An Interview with Ben Fredricks
Oct 27, 2020
Profit First Radically Changed His Business: An Interview with Gene Guarino
Oct 20, 2020
Profit First Radically Changed His Business: An Interview with Gary & Susan Harper
Oct 13, 2020
Profit First Radically Changed His Business: An Interview with Cody Barton
Oct 06, 2020
Profit First Radically Changed His Business: An Interview with Pace Morby
Sep 29, 2020
Profit First Radically Changed His Business: An Interview with Joe McCall
Sep 22, 2020
Know and Grow YOUR Cashflow
Sep 15, 2020
Laying The Foundation of Profit First For Real Estate Investors
Sep 08, 2020
The Impact of COVID-19 On Real Estate
Sep 01, 2020
The Power of FOCUS
Aug 25, 2020
Introducing The Profit First Movement With Founder Mike Michalowicz
Aug 11, 2020
Working For Yourself Is The Only Real Job Security (Featuring Pete Richter)
Aug 04, 2020
Financial Freedom From Day One
Jul 15, 2020