If you’ve never heard of an “infinite banking strategy”, today is your lucky today! Chris Miles is on the Profit Masters right now to help you figure out new ways to get some extra money coming in. These are strategies you may never have considered before because it really goes against all of the traditional things we’ve learned when it comes to banking, investing, and retirement funds. That’s why they call Chris the anti-financial advisor. He’s up here turning the industry on its head with some of the things he’s doing out here.
Since retiring in 2006 - yes, that’s right, I said RETIRED, he’s popped back onto the scene to teach people like us how to do what he’s doing to create these strong streams of passive income. There are ways to make key investments with your mutual fund and even your life insurance that can get you to true financial freedom. These are the kinds of investments that pay off, and Chris shares the different ways you can use to them to finally declare your own financial freedom.
I’m very excited about today’s episode because Chris is part of the Collective Genius Mastermind group I’m in. He and I have learned a lot from each other over the past year, and I really value the way he encourages us all to challenge the things we’ve been taught. Ignorance is expensive - you’ll hear us say that a lot on this episode, and it can really benefit you both financially and spiritually to get a fresh, new perspective on the way we’re doing things. Real estate investors, like all entrepreneurs, can get comfortable in the routine. But to keep that entrepreneurial fire burning, you’ve got to learn new perspectives and try new things. Part of what makes our businesses so great is the journey of learning we get to go on every day. So tune in right now and learn something new from Chris Miles!
MINUTE MARKERS
3:00 - Meet Chris Miles!
4:25 - Why did Chris quit being a financial advisor?
6:01 - What do Chris’ ideal clients look like?
7:35 - Who inspires Chris the most?
9:40 - The moment Chris realized real estate could make him financially free
15:05 - Part 1 - What happens when you start to question everything you think you know?
17:03 - Part 2 - It opens a door to a whole new world of opportunities!
19:15 - What investment strategies are working for Chris right now?
21:00 - What is “relationship capital”?
22:48 - The truth about mutual funds
24:34 - Chris’ strategy for investing with life insurance
31:14 - The biggest challenges Chris is facing in the market right now
33:48 - The biggest lesson Chris ever learned
35:09 - What would Chris change about his past if he could?
36:28 - Chris’ favorite motivational quote
38:14 - The highs and lows of being an entrepreneur
41:02 - Does Chris get 8 hours of sleep every night?
41:12 - What’s Chris’ morning routine?
42:17 - What is Chris most grateful for right now?
45:08 - Chris has mentors for everything, from fitness to real estate
46:36 - Hope is what gets Chris up every morning
48:13 - Send Chris a message chris@moneyripples.com
QUOTES
When the student is ready, the teacher will appear. - Chris
There are so many different ways you can get paid. The cool thing is that it doesn't even require money to make money to do that stuff. It's all about the relationship capital, not just financial. - Chris
RESOURCES
Money Ripples Podcast with Chris Miles
Chris Miles Money Show with Chris Miles
Rich Dad Poor Dad by Robert Kiyosaki
Who Took My Money by Robert Kiyosaki
Three Feet from Gold by Greg Reid and Sharon Lechter
Never Give Up by Donald Trump
Ask Cory A QuestionWant to get in touch with Cory and ask him your most burning Real Estate Investing question? We’ve made it super easy for you. Just head over to our Ask Cory A Question page and start recording. Cory will play your question live on an upcoming show and answer it personally.
Who Do You Want To Hear From?Name some folks I should get on the show! Hit me up:support@realestateinvestingprofits.com and I’ll do my best to get them on.
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