Episode 268: Turn $5K into $100K

Sharran Srivatsaa
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How do you turn a small investment into big returns in less than a year? In this episode, four experts share battle-tested strategies to help you turn $5,000 into $100,000 in just six months.

 

Today, Sharran teams up with Russ Morgan, Joey Mure, and Mark Podolsky to dive deep into the world of wealth-building strategies with a unique twist. Through their collective expertise, they break down real-world tactics and creative thinking for building wealth, with actionable steps that you can start implementing today.

 

Discover how Russ uses his lake house to generate tax-free income and leverage it as a strategic tool to build wealth. Learn Mark’s proven method for flipping land, focusing on efficient investing that yields remarkable returns. Hear from Joey, who shares how leveraging infinite banking can generate passive income. Finally, Sharran shares how he was able to build a scalable, repeatable system for wealth creation that doesn’t just focus on making money in the short term but creates long-lasting financial growth.

 

Do you want to start building your wealth? Get ready for expert insights that will transform your approach to personal finance!

 

Unreasonable goals require unreasonable effort.

– Sharran Srivatsaa

 

Timestamps:

04:36 – Russ’s lake house strategy

10:38 – Mark’s land flipping strategy

18:26 – Joey’s infinite banking strategy

31:40 – Sharran’s scalable wealth creation system

33:11 – The five tradable assets

36:19 – Building an industry media company

 

Resources:

Wealth Without Wall Street Podcast

The Land Geek

The Art of Passive Income

The Next Billion by Sharran Srivatsaa

Join the Future Proof Community

The Real Brokerage

Top Agent Power Pack

The 5am Club

Join the 10K Wisdom Private Partner Podcast, now available to you for free

Join Sharran’s VIP Community

ARC Multifamily Real Estate Investing

Sharran’s Partnership Program

Grab Sharran’s 4-Week MBA for Free

 

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Transcript:

[00:00:00] Hey, this is Sharran Srivatsaa. Welcome back to the Business School Podcast. And in this episode I’m gonna show you four ways in which you can turn $5,000 into a hundred thousand dollars. And in fact, I’m gonna do this in a behind the scenes way with the three of my closest friends and advisors, Russ Morgan, Joey Muré, my money coaches, and my good friend, Mark Podolsky, The Land Geek himself.

[00:00:20] We battle test this idea. Where each of us share with you how you can turn $5,000 into a hundred thousand dollars, and we’ll break it all down for you step by step. Starting right now.

[00:00:38] One thing is for certain. Just because it’s tried and true doesn’t mean it’s working right now. So the big question is this, where can you learn what is working right now? The strategies, the tactics, the psychology, and the exact how to, how to grow your business, how to blow up your personal brand and supercharge your personal growth. 

[00:01:00] That is the question, and this podcast will give you the answer. My name is Sharran Srivatsaa and Welcome to Business School.

[00:01:12] I am so excited for you to be listening to this episode. Regardless if you’re coming from the what Wall Street audience, the Art of Passive Income, or the Business school, this is gonna be one of those fun moments that you get to learn from. Three experts and me. I don’t know if I’ll be the expert in the room, but I had love to, uh, be the NC and be a part of this.

[00:01:30] So I’m Russ Morgan. I’m part of, uh, Wealth Without Wall Street. Our mission is to help a million people become financially free and get there as fast as possible. But let me introduce you to one of our hosts today. Mark, you love him, the Land Geek Podolsky. Welcome, Mark. Great to have you on. Joey, Russ, Sharran. So good being with you guys again.

[00:01:52] Thank you. Well, if you’ve been listening to our podcast, you know, mark has been the, the key ingredient to helping Joey and I grow from over, uh, from only $2,500 a month of passive income to over $50,000 a month of passive income through the strategy of land investing, land flipping. And I had a guess Mark, that you’re gonna be sharing a little bit about that strategy today.

[00:02:16] Am I right? No, I’m actually gonna talk about crypto. Good. Good. Well, it, today’s episode, like is, is built around this idea. If I had to make a hundred thousand dollars in six months and I had $5,000 or less, and I was only gonna dedicate, you know, 10 hours a week, right? Because let’s just assume we, we have.

[00:02:37] Active lives. We have active businesses and we’re trying to figure out how do we make money differently? How do we think about money differently? That’s what this episode’s about. So let me bring in my partner. I got Mr. Joey Muey, the Italian Stallion. Good to have you on with us, Joey. Oh, always a pleasure to be with you.

[00:02:53] Us. Your gift in this world is always thinking creatively when it comes to finance. So are you gonna be sharing a way around finance to build an extra a hundred thousand dollars in the next six months? Dude, I’m gonna not only do that, I’m gonna flip the script on all you jokers, so I’m just hope you ready for it.

[00:03:10] Um, just, just be strap up, let’s go. This is kind of the, uh, get ready to rumble moment here. And, and I also wanna put this in there. Like, there’s a lot of different ways that we’ve seen and personally made money that we think are flukes that we would not say that this is how we’re gonna do it, right? Like, whether or not.

[00:03:26] You’re, you’ve watched the movie, what is it, 21, where the MIT group goes to Vegas and they make hundreds and hundreds of thousands of dollars counting cars. Maybe it’s the roaring kitty guy. They turn $50,000 into millions, right through the whole GameStop situation. Or if you’re your favorite, um, Tesla guy that you got in on the Doge coin concept, we’re not talking about those things.

[00:03:46] This isn’t four x trading. This is strategies that we believe that you can use in one way or another to build an extra a hundred thousand dollars over the next six months. ’cause as we record this, this is June 27th, so we have almost six months left in this year of 2025. We wanna share this idea with you, but man.

[00:04:03] First, I gotta get over to my man. Sharran Srivatsaa, the guy you know, you love him. He’s been a, a, an amazing investor, amazing mentor, amazing friend, and now partner@acquisition.com. Good to have you on Sharan. Yeah, man. Russ, thank you for having me. This is, this is fun to do because I think between the four of us, we’re gonna get some very different ideas and just for everyone’s knowledge, we have not shared.

[00:04:26] What anyone is sharing with each other. So, uh, it, this is just, this is gonna be a discovery moment, not only for you, but for us as well. So we’re excited about that. Thank you, Russ. All right. Well, I, I have either the pleasure or, or the curse of going first because my idea maybe the best idea. I think it’s the best idea, at least, you know, anytime I’m talking, I think it’s the best idea.

[00:04:46] But I’m gonna set the stage here, gentlemen, that I have a way to make a hundred thousand dollars over the next six months. Using $5,000 or less and less than 10 hours a week. And this is gonna be one of those ideas that maybe [00:05:00] you have not even considered. And by the way, to top it off, I’m gonna show you how to do it income tax free.

[00:05:06] You ready? Stallion? Oh no. So I’m gonna title this, the Augusta Play. Everyone’s heard about the Augusta Rule, how you can rent a property that you own for 14 days or less and not have to pay income tax. Well. Russ, how are you gonna do? That’s $7,200 a day. If you did 14 days right, to be able to get a hundred grand, what is it that you own that you could rent for $7,200 a day?

[00:05:30] And here’s what it’s, it’s a lakehouse, but not just any lakehouse. This lake house is going to be suited specifically for people who make a million dollars a year in income. So if you’re one of those people who’ve been paying 3, 4, 5, $600,000 a year in taxes. You’re like, I don’t know what to do. And every time you go to your account, all they tell you is Congratulations.

[00:05:53] You make a lot of money. You should be happy that you’re paying taxes. And you’re just as frustrated by that comment as I am. And you have a higher expectation for your accountant than what they have for themself, which is really just to file your tax return on time and that you don’t go to jail. Which by the way, I love that.

[00:06:08] But that’s the floor. Like that’s the start. Then this idea may be there for you. So here’s what I’m doing. For the next six months, I’m gonna partner with our family office who are geniuses in tax strategy, tax planning. So here’s what we’re gonna do. We’re gonna deliver five events over the next six months for.

[00:06:31] Specific entrepreneurs making at least a million dollars a year where they’re going to attend this event. They’re going to learn how to reduce their personal taxes by at least the $10,000 that they each pay, and by doing this, they’re going to become the CEO of their finances. Now, why did I pick this?

[00:06:50] Well. One, I get to leverage something I already own. I already own the lake house and I’m always trying to think about how do I get someone else to pay for my liabilities because Right. The things that we own, that we use are liabilities that are not assets, right? This is a house my family enjoys, and a part of the Augusta rule is that I can actually enjoy it.

[00:07:08] I can use it for personal use, but I could rent it out up to the 14 days. Secondly is that I get to partner with someone that has a, a, a strategy that is definitely in high demand, like the. Our, our tax professionals, our family office, and people need their help. So we’re gonna not only provide value to them, but we’re gonna be able to turn this, this Lakehouse property into business income, and we’re gonna be able to do it tax free.

[00:07:33] So here’s the first three moves I’m gonna make. Along the way, I, I’m gonna draft a rental agreement with my family office that says, Hey. We’re gonna do these five events and at these five events, um, I’m gonna rent you my house out for $7,200 a day. Each event is gonna be 48 hours. It’s gonna actually cover three days.

[00:07:51] And I’m gonna say if you use my house, I’ll actually, for these five events, I’ll actually throw in the last day for free. Isn’t that a gift? Now, I don’t know if you guys know this is if I rented my house out for 15 days. I’d have to pay income tax on all of that money. So I’m gonna throw that last day in there for free for them.

[00:08:08] What a, what a generous guy I am. Yeah. So the a hundred K that I get from them for the other 14 days, I don’t have to pay income tax on it. This is gonna be able to align my, you know, my personal investor, DNA, which is influence. I enjoy getting the share. We have a, a, an audience at Worthwhile Wall Street.

[00:08:24] Their, their goal is to create more passive income, their monthly expenses. I know. One of the largest monthly expenses that you have is a high income earner is taxes. So this is gonna help, you know, partner up with already things that you’re looking for, and we have a marketing team already that sends out emails that shares things with you on a re regular basis.

[00:08:42] Now. So I’m gonna have $5,000 I’m gonna allocate to this, right? So how am I gonna break that $5,000 up? I’m gonna be spending about $1,500 on a marketing team to send out probably about 30 emails, which would cost me about $50 an hour for those 30 emails. I’m gonna spend about a thousand dollars for our admin team to handle logistics, support, you know, making sure everybody has the schedules and everything that’s needed in that.

[00:09:04] I’m personally gonna come out of pocket about a thousand dollars for gas. I don’t know if you guys know this, if you’ve ever bought gas at a marina on a lake, I. It’s like $5 and 50 cents a gallon. Now, Sharran in California, you’re like, wait a second, I’m must spend $7 and 50 cents a gallon just to put gas to my car, assuming you weren’t driving a Tesla, which I know you do, but I I, I, I spent like two 50 a gallon, so I’m spending $5 a 50 cents a gallon for that boat.

[00:09:32] Then I’ll spend probably another a thousand dollars in promo videos to our marketing team and maybe a little bit of paid traffic for anybody that’s not in our network to be able to see that ad. And you’re gonna be like, okay, Russ, you said 10 hours or less. So if I’m gonna do these five events and they’re 48 hours, I’ve gotta count that.

[00:09:52] That’s 240 hours I’m devoting to being at this event. So I personally gotta be there. So I only have 20 hours left Mark that I can use. So those 20 hours, right, we’re gonna have to be strategic, just managing the marketing team, coordinating with the admin team, aligning everything with the family office, reviewing the photos, content, make sure everything’s connected, and then have a little bit of post follow up.

[00:10:15] So for anybody who’s interested in this, if you just DM me, go to Instagram with Wild Wall Street and dm, um, us. Augusta play, I can send these details around this tax strategy or you can just go to worth wat wall street.com/tax and you can apply it to see if this would be a benefit for you. So that’s my first start.

[00:10:34] That was my first try. I don’t know if the bar’s high or low for you guys. Mark, I know you’re going next. So I, I really, I, I’m, I’m nervous of how much better your idea’s gonna be than mine, but the floor is yours, my friend. Okay. I, I love the idea, right? No, no one’s gonna argue with tax free. And so. You. Oh, that.

[00:10:57] That being said, that being said, for those listening that don’t have the $5 million, you know, lake home and you know, seven mil, $7 million Lake home, $7 million Lake home. Yeah. The $7 million lake home and you know, the million dollar boats and you know. Just this average Tuesday night, they’re drinking dom and they’re having caviar for the rest of us.

[00:11:22] Right. This is a strategy now as you do this episode from some amazing place in the, uh, Italian Alps, right? So, yeah, go ahead. Keep going. Yeah. That’s, that’s not here or there, but yeah. This, this is the strategy. So the, the first strategy is like. Oh, I know Sharran. Here’s $5,000. Six months later it’s a hundred thousand dollars.

[00:11:45] But if, if you don’t know Sharran, here’s another strategy. Alright, so here’s how I’m wanna turn $5,000, 10 hours a week into a hundred thousand in six months. So I’m gonna, here’s the game. I’m plan, I lost everything except five grand, a laptop and 10 hours a week. Right? Okay. No seem no software. Just focus in a little creativity.

[00:12:09] Uh, you know, I can call Joey for help, right? I get a lifeline with Joey. So could I rebuild a hundred thousand dollars in six months? Not only could I, I’d actually enjoy it. So I’m gonna walk you through exactly how would I do it and how I’d split those 10 hours a week to make it work. So here’s why I would pick this strategy over every other option.

[00:12:28] I get asymmetric returns in an inefficient market where I’m already an expert because I’ve been doing this full time since 2001 or 24 years, all. So here’s what I would do. First step, I’m gonna flip cheap land. In my first month, I’m gonna spend about five hours a week flipping two spa parcels. I’m gonna buy ’em wholesale and I’m, I’m gonna buy ’em at $2,500 each.

[00:12:52] I’m gonna list them on easy financing terms, $199 a month for 60 months, and then flip the notes. The passive investors at 50% of the face value. So 50 cents a dollar. So if you’re following the math, that’s gonna turn $5,000 into $10,000 in the first month. This phase is really simple because I don’t have to source the deal.

[00:13:13] I’ve already got a wholesale, I’m just gonna list the land I’m gonna sell, and I’ve got a solid va, uh, or systems in place. So I’m probably touching this an hour a day max. Okay, step two, I’m gonna scale into better markets. This is gonna be the next two to three months. So with that $10,000, I’m scaling up and buy two better quality lots.

[00:13:34] Let’s pick on Florida, right? Infill maybe power at the lot line. I’m gonna buy for $5,000 and I’m gonna list ’em on terms. And again, I’m gonna flip the notes. So basically the way the math is gonna work on those is that I’ll buy for 5,000, but I’m gonna sell for 18,000 and then I’m gonna do that again. Uh, on, ’cause I’m gonna sell the note.

[00:13:57] So basically I’m gonna repeat it. I’m gonna buy three lots. I’m gonna do the same. That’s gonna gimme 36,000 capital if you’re following the math. So essentially three flips, 18,000, sell the notes. And I’ve got 36,000 capital starting with my 5,000. Now I’m only about about five hours a week because my systems are copy pasted at this point.

[00:14:21] I know my markets, my VAs know the process and I’m spending time closing using my biggest leverage points. Now, step three is a targeted mail campaign for big cash flips. These are months four and five. So I’m gonna allocate 6,000 of my capital to a laser-focused mail campaign. So I’m gonna send out $30,000 offers to landowners outside major metro markets.

[00:14:45] Like Denver or Phoenix, right? So I’m gonna buy 30, I’m gonna flip it for 55 to 60,000. So two flips. That gets me at my a hundred thousand capital right there. Timelines, maybe an hour a week. At this point, I’m gonna build list. Once I’m gonna review my leads, let the VA handle the mailing response coordination, local realtor will sell the land for me Now, where it’s gonna get fun and we’re gonna geeky on it, right?

[00:15:10] We’re gonna build and sell N eight N automations. So on the side, I’m building automations that support my land business. Lead scraping buyer, follow up, auto posting, that kind of thing. That’s two hours a week, mostly evenings or weekends. But here’s the kicker, once those automations are built, I prioritize them.

[00:15:27] So I’m gonna sell templates, offer done for you, setup. Maybe even wrap them in a no code front end and call it a micro sas. That’s a thousand, 3000 a month in potential. Monthly recurring revenue or flip the whole business for a four x five x exit, which I know Sharran’s like rolling his eyes like boring.

[00:15:44] But I could do that like on a site like acquire.com, step five, affiliate marketing, personal branding, ongoing, right? So I’m the last layer, one hour, week I the creek content. One short video showing how I automate my land business. That’s it. And then I’m gonna drop affiliate links to the tools [00:16:00] I’m using.

[00:16:00] Gig pay.io. Og pass.com. Example, prime Corp wealth, allow Wall Street, maybe even N eight N itself. So this is gonna build my brand, earn an affiliate income, and promote my own tools at the same time. So here’s exactly how I’d split out the 10 hours a week, five hours, land investing, sourcing, selling, flipping, notes, two hours, automation, build, refine, productize what I’m doing.

[00:16:24] One hour affiliate content, short form videos and links, one and a half hours. AI tool development or marketing. And then the rest of the time, maybe half hour, CEO time review, pivot strategy, tight focus, asymmetric really taking advantage of the inefficient market. And what’s cool is that none of this is theory.

[00:16:43] In fact, one of our coaches, Eric Peterson did exactly this with his son in 2023. You can watch his journey on YouTube. Uh, it took them a year, but it’s ’cause they only started a thousand dollars. But we can do it in six months with $5,000. Spoil alert. Eric makes a hundred thousand dollars. [00:17:00] Sun, not so much.

[00:17:01] So if you want that full plan I just talked about, you can download the PDF blueprint@thelandgee.com, land secrets, everything I just shared, mapped out, step by step, so you can take action immediately. Oh my goodness. This is again so good. You gotta pay taxes. So I don’t know if this is good as Russ’s.

[00:17:20] Well, what you, what you did is like one, I, I mean, I guess I could repeat this. I’m hoping I can repeat this annually. I know that I can get my deal done over the next six months. But what you just shared is like, not only how to do it in six months, but then what, what would 2026 look like for the person who followed that plan?

[00:17:37] My, my guess is it’s double or triple that. What, what’s your thinking? Yeah, we’re gonna double, triple it, but you know. Because we got toward a hundred thousand dollars, we’re only solving our money problem. We’re not solving our time problem. And ultimately what we wanna do is build that passive income to exceed our fixed expenses.

[00:17:55] So we’re solving not only our money problem, but also our time problem. Because ultimately we wanna work where we want, when we want, and with whom we want. So we can be like Joey. Just be like, yeah, I’m going with the family to, to Boston and, and making money. That’s right. And having fun. All right. Well you, you just teed up Joey.

[00:18:13] So let’s bring Joey to the spotlight here. So this is an opportunity for you to share your genius, right? For those who are not following the Wealth Without Wall Street podcast, which you should by way definitely. Um. Selfish plug right there is that this is, this is the guy that is the genius behind creative strategies.

[00:18:30] Like, since I’ve, I’ve known him for 15 years, he’s been bringing ideas to me of how he makes money while he sleeps, doing the most interesting things in finance. So, Joey, what do you got for us? How you gonna make 10,000 or an extra a hundred thousand dollars in the next six months with $5,000 and 10 hours a week?

[00:18:48] Well, I’ll tell you, if you’re, if you’re following us so far and you’re like, man. And I don’t wanna spend 24 years learning how to be The Land Geek. I mean, that, that sounds amazing. But I just don’t have 24 years to do it. And number two, I don’t have the big lake house and the fancy boat in the family office, you know, to partner with.

[00:19:10] You’re like, I, this is not testing. Alright, I got, I got the real solution for you. Okay. It’s called, I’m gonna take $200,000. I’m gonna lend it short term over the next six months and get an extra a hundred thousand on top of the 200,000. Wait a second. You, you, you missed the topic. It was a hundred thousand dollars that you make an extra six months, but you only have five grand to start off with.

[00:19:39] Not so Russ. Not. So, if you’ve been listening to us for any amount of time, you’ve been practicing the infinite banking concept, that means you have been storing capital. Into very, um, specifically structured life insurance contracts that will continue to grow and compound for the rest of your life, and then pass on to your family tax free from then on generation to generation.

[00:20:08] Now you’re like, well, wait a minute. Well, where’s the 5,000? Come in? If I had $200,000 sitting in my life insurance policies, my, my system of life insurance policies, I can borrow that $200,000 against that 200,000 with the life insurance company for only 5% a PR. Okay, wait a minute. So that means over six months, it would cost me $5,000.

[00:20:36] So shocker, alert, I’m not using my $5,000. I’m only using my $5,000 to pay the insurance company back for the use of their 200,000. Now, who’s playing the game? Okay, let, let’s, let’s go there. Now, here’s how it breaks down. Why is this a good fit for me? By the way, you should not do this if your investor DNA doesn’t line up with it and all the things that we’re talking about.

[00:21:03] If you’re not familiar with the investor dna, you can go to wealth wallstreet.com/investor DNA and learn more about this. But how did God make you to see the world? How has he given you certain experiences and resources that you can specifically and uniquely leverage into the right fit passive income source?

[00:21:22] For me, I spent 11 years in the mortgage business, so I see things in light of lending. I can look at a deal and say, yeah, this is crap. I would not do this deal because of this, this, and this. Or this is a diamond in the rough deal that I need to take advantage of because it has the right, um, collateral.

[00:21:42] It’s got the right terms. And oh, by the way, this is a, a quote that you should always, um, take into consideration. He who has the gold, makes the roots. I’ll say that that again, you may have heard the golden rule another way. This is the true golden rule. He who has the gold makes the rules. ’cause you’re like, you’re doing the math and you’re like, okay Joey, I see the point.

[00:22:03] You got $200,000, you’re gonna try to make a hundred thousand dollars in six months. That’s a lot of money. That’s a 50% return. You are like, Gerald, that’s dumb. People don’t get 50% returns. And here’s what I’ll tell you, you don’t lead with, Hey, I’m gonna charge you 50%. On your rate, whenever you lend money to somebody, you know, how do you do it?

[00:22:28] You put it together in a way that makes sense for the borrower. That helps the borrower get what they want. But you are the person that is actually going to benefit from the deal in the way that you want. And so it could, it could look like a number of different things. It could be that you’re gonna charge some sort of upfront origination fee.

[00:22:49] Maybe one, three, 5% of the deal. You can charge in just upfront kind of fees like that. Or you can add a kicker at the end, like an equity kicker that somebody that’s doing a flip deal on either a piece of property like what Mark was talking about, or a, uh, rental house or a fix and flip. There’s numerous different lending opportunities and I’m not gonna get into all those details ’cause I don’t want to overwhelm you.

[00:23:16] There’s also the interest rate that you charge in between. One deal that we did years ago was just on a car loan that somebody came to us, said, Hey, I just need some extra cash right now. My car is owned free and clear, and I just need some, some interest, or I don’t wanna pay somebody interest for the use of that money.

[00:23:36] Well, if we, you go back and we, this was just a small loan. This was only $10,000. In that one deal, it yielded over 200% return because of the way we leveraged the insurance company’s money to lend to him. And it was over a 12 month span of time. But I’m saying in six months, there’s numerous ways that you can leverage the infinite banking concept.

[00:24:00] You can underwrite the deals to make sure that you have the right collateral, the right borrower, the right timeline. Because you have the gold, you make the rules as long as you’re mitigating risk, and you can, and again, this lines up with your investor, DNA. This is a scalable and repeatable process that can continue on and on.

[00:24:23] In fact, Mark, I’m gonna put you on the spot really quickly. If I came to, I’m not gonna say everybody in your world is going to want this deal, but if I said, Hey. I will charge you 5% origination or $2,500 on the front end for a $50,000 loan, and I want you to pay me 20% and on the back end, I just want 25% of the equity on that land deal.

[00:24:48] If it’s a flipped deal within six months, what percentage of people in the land, gee, community even you think would say I’m in on that? Yeah. I’m just gonna do some quick math. 99.2. Percent because guess what? Because they don’t have to use their own money. It doesn’t sound that bad, especially if they’re making 72% yields.

[00:25:11] Is that, is that a common thing, Mark? Am I just making that up? That is, that is the minimum yield we want is 72%, which means we’re doubling our money every year. And so if, if they have a partner, they can make a quick decision, they can underwrite the deal and say, I am in, and they know that that’s sitting in their back pocket.

[00:25:30] Now they may not wanna keep that money deal forever, but at the, at cer at the right time, he who has the gold makes the rules and it makes sense for all parties to move forward. So, uh, we said, how are we gonna do this with $5,000? I’m only paying interest to the insurance company with that 5,000. So you don’t have to think too hard about how you’re gonna spend the money.

[00:25:52] Number two is 10 hours a week that I can allocate towards this. What am I gonna do? What are my first three moves? Well, number one, I’m gonna make sure I’m gonna set up infinite banking if I haven’t done that. That’s the first step. And obviously we’ve been doing this for 15 plus years. It’s definitely something that’s a part of the fabric of our lives.

[00:26:13] So if you haven’t done that, I want to give you an opportunity. Um, go to wealthwithoutwallstreet.com/freecall, and we have coaches that can walk you through the very same process that we did to have the same results that we’re talking about. The second thing I’m gonna do with my time is I’m gonna network like a fee.

[00:26:32] Like, by the way, this is one of my favorite things in the world, is to meet people, to understand their lives, to understand what they’re trying to accomplish, and to see how I can add value to them. In this case there, when you start talking in the marketplace, which this is something to take away if you’re an orthodontist, if you are a veterinarian, if you’re an engineer, whatever your title is, your career title is, and you’re trying to get out of whatever that is, and you’re like, I want more freedom of my time than when people ask you in public, Hey, what do you do for a living?

[00:27:09] The answer is not your career. The answer is, I’m an investor. And why do I say that? Because as soon as you start talking about the deals that you’ve done or the deals that you’re looking for, they will find you true or false opportunities, find cash. And when you’re out there in the marketplace talking about what you’re looking to accomplish, people will find them for you and bring them to you.

[00:27:38] I can’t tell you how many deals a week I actually turn down because people are just like, Hey, I heard that you do short-term lending. Hey, I heard that you do this private mortgage. Hey, I heard that you did this land deal, whatever the case is. And I get to now just have them come to me. But networking is the second thing I would definitely do.

[00:27:58] And then the last thing is a mixture. Of my time would be, uh, due diligence on those deals, like checking out the different players, making sure that there’s collateral behind it. Uh, making sure that there’s insurance on specific deals. Like if there’s a house involved, I wanna be the lost payee on your insurance policy.

[00:28:19] Um, in some cases I wanna buy life insurance on you, uh, because they have too much riding on that single point of failure. But the last thing is just operating the deal, making sure that the milestones that have been agreed upon in the process of underwriting the deal are met. So if I say, Hey, we’re gonna have a monthly, you know, interest payment, then I wanna make sure that that’s hitting on those dates.

[00:28:44] And if not, what’s going on? What’s, what’s happened? So those are the things I’ll, I’ll tell you, this is not gonna take me 10 hours a week. It’s gonna be heavy upfront to make sure that I get. All of the, you know, paperwork done. I’m gonna make sure that all the due diligence is done and I get the right deals.

[00:29:01] But if I pick the right deals with the right operators, the next six months, I’m gonna probably be visiting Mark in Borneo, Italy. And just like taking in the sites and just, you know, looking at my phone every once in a while to make sure that the money hits. So that’s my strategy guys. I’m gonna make a hundred thousand in six months and I’m gonna have the most time off, out of all of you jokers.

[00:29:25] I’m just telling you right now. Well, I, I’m grateful that, you know, making that a hundred thousand dollars and it being taxable, you can come to my tax intensive event for only 10,000. You can spend one 10th of that and it’s gonna help you actually recoup a lot of that money you’re gonna pay in income tax.

[00:29:41] And while it’s not Bo. It’s pretty nice, right? I’ll, I, I’ll give you a little lake. Uh, I’ll take you out on a tour, on the boat. All of these things. All right, so you’ve gotten to hear a lakehouse strategy. More importantly, how do you leverage something? Do you have leverage, relationships, add value to the world that people pay for?

[00:29:58] I. Then maybe be able to use a property to create income, um, that may be income tax free. Or if you wanna learn how to become the land geek, you could go to the land geek.com and follow what Mark is doing or the Art of Income podcast and figure out how to, uh, learn the process of which he detailed, which I have seen in person.

[00:30:18] I’ve seen hundreds and hundreds of people do that process and have success, and we. Through the help of Mark and their team have already gotten over $33,000 a month following that, so I know it’s possible. Or the private can, can I just shamelessly plug by the way what, what Joey just said? Yeah. Because if your mind was just blown by that and you wanted to learn more in depth, uh, how you can use someone else’s money while your money is compounding and you’re building legacy.

[00:30:48] Cops free and you wanna meet Russ and make fun of his wake strategy. They’re gonna be at our Dirt rich Summit November 6th through eighth. As, uh, key note speakers talking about the strategy. I don’t think we’re gonna let Russ talk about, uh, the wake op strategy, but definitely the infinite baking strategy.

[00:31:09] Thank you guys for, uh, agreeing to do that and, and educating our. Our community, uh, our pleasure. Sure. All right. Well, we, we have the pleasure of sitting here and all of us and all to listen to what sort of genius is about to come from Sharran Srivatsaa. You know, not only does he have a, a professional tennis background, a Goldman Sachs background, um, you know, selling a company for several billion dollars.

[00:31:33] Background running a publicly traded company, and now a partner with some of the most amazing people, uh, Alex and Leila Hormozi. I’m, I’m gonna sit back and I, I’m ready. I’m taking notes myself. So, Sharran for sure my friend. Thank you, Russ. Thank you, Russ. Joey, uh, Mark. So I will tell you, I think about the goal is to think about the world a little differently.

[00:31:51] And so I’ll go a little different for you here, which is when you have a unreasonable goal in front of you, which is why a lot of you are thinking about this. I say, no matter what, no matter how much money anybody makes to say, man, I’m just gonna add an additional a hundred thousand dollars. For some of you that may be like, wait a minute, that’s twice my existing annual income, or I’m adding another bonus.

[00:32:13] If you have an unreasonable goal in front of you, you cannot accomplish that with a reasonable effort. An unreasonable goal requires unreasonable effort, and an unreasonable goal requires something unreasonable. Like the interesting thing here is it is very easy to say, oh yeah. That’s why when Russ started off with, this is not Forex.

[00:32:37] This is not Dogecoin. That is an unreasonable goal of like 200% return in two hours. What’s reasonable effort like that does not exist, and you may get lucky along the way, but Lady Luck comes after all the effort. Unreasonable goal requires unreasonable effort. So if you think about that, I will tell you the way to unlock everything that you’re working on right now is to think about what I call the five trades.

[00:33:02] Five trades are essentially what Joey talked about, being an investor. Being an investor is not a thing that you do. Being an investor is who you are. So if you think about these five trades, there are five things that we all have in our lives that we can trade, but we think money is the only thing that we can trade.

[00:33:20] There are four more. So the number one money. Number two, relationships. Number three, effort. Number four, skill. And number five, brand. Let me explain what that means. Money, you can trade money to buy something else. So money’s a tradable. Asset. Relationships. You can use your relationship and say, Hey, I’ve got 20 people that I can raise, you know, uh, $500,000 each from, and based on what I raise, I can get paid on the raise.

[00:33:43] I can go buy a property. You get, you get to leverage the relationship asset. Number. Third three is effort. You have time to go do things. If you have time to go do things, you go use the effort to go do that thing. Your effort is an asset. A lot of people don’t wanna put in the effort, and that’s okay, but you have a chance to put in effort.

[00:34:00] And if you could use the effort as an asset, you can now turn the effort into relationships. By networking, you can try and turn the effort into money by actually doing something. Number three, effort. Number four, skill. If you had the skill, like Mark has the skill to flip land, you have a skill. And because of that skill, which now seems reasonable to you, it is unreasonable to get in 24 years.

[00:34:21] It takes a while to get that skill. Unless you spend the $5,000, which I costs a lot more than that, to take Mark’s training program or watch all his content to compress the time. So you learn the skill. So now you have the skill that is tradable to get anything else you want. And last but not least. You have a brand.

[00:34:38] We live in the world of a brand. Meaning what is brand? It is trusted distribution. If Oprah sends a tweet out to your company, what happens? You get a lot of sales. Why? Because she has endorsed distribution from that. So the idea here is it’s not about just building the a hundred thousand dollars. It is about figuring out how to use one of these or more of these five tradable assets.

[00:35:01] So let me explain my strategy for you. My strategy for you is in this, if you are not winning. It only means that you are playing by the rules. I’ll say it again. If you are not winning, it only means that you’re playing by the rules. So I’m not gonna play by Russ’s rules today. And that is the interesting part.

[00:35:17] Even though Joey did a really nice, you know, turnaround of how he explained how he doesn’t play by the rules, I will show you how not to play by the rules. And here’s what I mean. The issue is I cannot understand and I cannot work with this problem in my head, is that if, if I have to generate. A hundred thousand dollars in six months, and then at the end of the six months, I’m back in the same position that I am today.

[00:35:38] Then it is a hard thing for me to deal with. I wanna figure out how I cannot be in the same position. The goal is, the problem is not getting the a hundred thousand dollars in six months. The problem is never having to do that ever again. That is the problem, and I wanna solve that problem. So I’m gonna give you an idea here, which it doesn’t matter whether you are, um.

[00:35:55] You own a you’re, you own a business and you’re an entrepreneur right? Now, it doesn’t matter if you don’t own a business. It doesn’t matter if you’re an employee. It doesn’t matter if you don’t have the $5,000, if it doesn’t matter if you have millions of dollars. It doesn’t matter if you have one company or many companies.

[00:36:06] It doesn’t matter if you’re in high school, college, or you’re retiring, right? You can do this one thing because this is a proven strategy that is now available to all of us, and I call this the media, the industry media company. Lemme tell you what an industry, media company is. You are now sitting with folks that are inherently industry media companies.

[00:36:29] For example, Mark has built, with his podcast, with his book Dirk Rich. He’s built, he’s built an industry media company, and what he’s done is with that media company, he’s brought attention to this idea of land flipping. He’s brought attention. So let me define what a media company does. A media company sells attention for free.

[00:36:50] I’ll say it again. A media company sells attention for free. You know these media companies, you know what they are? C-N-B-C-N-B. CCNN, Fox News, Bloomberg. What do they do? They sell you news. They sell you propaganda. They sell you education. They sell you shows. What do they do? They sell you ideas. They sell you attention for free.

[00:37:10] When you have attention for free and what do they say? We’ll be back right after the commercial break. What are they trying to do? They’re selling you the attention. You’re there with the attention. And then right contextually with that attention they can, they can say, oh, I just talked to you about this idea of land flipping.

[00:37:26] And then the commercial is about how you can implement that. A media company allows you to sell attention for free. And lemme tell you why this media company idea is a good one. I’ll break it down how you can do it without using the $5,000 and here’s how you do it. Your job is to figure out how you can build.

[00:37:42] So a media company, which is how you can create goodwill in a marketplace so that you can just point your spotlight on other things. A media company sells attention to me. A media company has a spotlight. The spotlight an idea. Once they spotlight an idea on something, then they can spotlight an idea on how to get that thing.

[00:37:59] Then they can spotlight an idea on how to do the thing. As a media company, you are a spotlight and every single person right now needs to be a media company, may be for your business and may be for someone else’s. So. If I were to break the strategy down, if I had to become an industry media company, I would start this way because at the end of the six months, I want my a hundred grand and I want something else.

[00:38:18] I want to have built a bigger asset. I wanna have built something else so I can do more with it so that my next a hundred grand, I don’t have to rebuild it from scratch. So the, this is the first thing I would do. I would figure out. An industry that I was in. If it’s not your industry, if you’re just saying, Hey, I’m gonna go outside my industry.

[00:38:33] If it’s your industry, great. If it’s not your industry, so if I were starting out today, I would do, um, like let’s, let’s take, let’s, let’s take, um, let’s take land flipping. What I would do is I would, I would say, okay, cool. Does the Land Geek have. A really great coaching and training program he does.

[00:38:49] Awesome. I’m gonna go then figure out how much affiliate he’s going to willing to pay on that. How much affiliate, meaning what, what kind of referral fee is he willing to pay where I can direct traffic to him, to his, his business, his company. Now, once I know that, so let’s say Mark is selling a, you know, I think Mark’s program is, you know, somewhere between 25,000 and a hundred thousand dollars.

[00:39:09] Some Mark just nodding. Am I, am I right? Somewhere in that range for yeah, for what I want coaching. Awesome. So I know I, I can guarantee that there is a air failure program for all of that. So here’s, here’s what would happen, right? So now I’m gonna be like, wait a minute. Mark has so much content out there.

[00:39:24] My job is not to become the land geek. You know what my job is? My job is to create a land investing media company. My job is to educate people about land investing. I go and consume all of Mark’s content. I read all of Mark’s books. I listen to all of Mark’s blogs, and all I’m doing is I’m telling the story about land investing.

[00:39:45] I can be like, Hey, let me tell you about Eric. Eric, this guy. I read about him and here, here’s what he did. He did a thousand dollars with of sun, and he did all of this. By the way, I have nothing to sell you. I just want to tell you the story, and if you are interested and you wanna know the right places to go to get this answer, just message me and I’ll direct you to the right source.

[00:40:02] What you’re doing here is you are now the reporter. You are now C-N-N-N-B-C-M-S-N-B-C, or Fox News People now trust you because you are the reporter. You want to be the reporter, not the salesperson. I’m not selling anything. I’m just becoming the media company. I want to just provide information and I want to be the trusted source on this.

[00:40:20] When someone wants news, they, they don’t wake up in the morning and want news, and they don’t walk over to their neighbor and say, Hey, 10, you tell me what happened. Uh, in, in the Middle East, they turn on a news channel. Right, that’s what we’re doing. They wanna turn on that. So I want to be the media company in the land space, or I wanna be the media company in the passive income space.

[00:40:40] So if I wanted to do, to do something in passive income, I’d be like, Hey, I’m going to create a media company exactly by passive income. And when I start every video, I’m gonna be like, Hey, my name is Sharran and welcome to the Passive Income Network. I have nothing to sell you today. It is my goal to help all of you achieve PA passive income.

[00:40:55] Today I’m going to tell you about how Russ Morgan and Joey Muré made a hundred thousand dollars in three days. And then I would tell the story. And then, Hey, I have nothing. But if you wanna contact Russ and Joey, you wanna see if this is the right fit for them, here’s their information. Because now a couple of amazing things happen.

[00:41:11] Right. So you get to now beca have all this goodwill and relationships with everyone else because now Russ and Joey and Mark are love you because they’re like, who is this guy who’s spending all this time making all this content, promoting our industry, promoting our relationships, and then sending traffic to us?

[00:41:27] Let’s pay him more. Let’s, uh, let’s endorse him more. Let’s share his posts more. Let’s introduce him to our network. Let’s have him on our podcast. Everybody else will now want to promote you. Because that’s what they wanna do. ’cause you have nothing to sell them. You are creating an industry media company.

[00:41:42] So number one, I would find a company that you trust in the space that offers great education, that’s providing affiliate value. Number two, I would go learn how to do the thing and become the trusted source because you have the information, just reteach it in your own way. Now, not only do you share it and build a brand, you build brand, you build followers, you build an email list, and you’re doing it on someone else’s content.

[00:42:03] You’re not saying, look at me, I’m amazing. Number three, you automatically build the skill at the end of all of this. I’m not making the a hundred thousand dollars, but I’ve also learned everything about land flipping because I’ve learned, I had to learn this in the process to be able to teach it. Because when you teach something, you get to learn twice.

[00:42:19] When you teach something, you get to learn twice. Now I get to teach it, which is why I become an expert around it. Right, and the, the, the, the best part about this is at the end of the six months. I now have a brand. I now have a media company, which I can now I can shine that spotlight of attention onto anybody else that I want.

[00:42:37] The problem, a lot of ways that we think about it is like, how do I do something that is finite? How do I do something? How do I deal hack one thing instead of deal hacking? One thing I would offer to think about a system, building a system, right? You know, Russ and Joey talk about creating a system for your cash.

[00:42:52] They’re not saying hack your cash. They’re not talking about the one time where you do something with your cash. They’re talking about building a system for your cash so that, like Joey said, you could pull out $200,000 from your cash. That is one simple thing. If you just build a system, then you know that every dollar spent, every hour spent.

[00:43:09] I. Every relationship spent, every effort spent, every promotion spent is all stacking on each other. The thing that we do often is we try to hit the a hundred thousand dollars goal, but we don’t realize it. When we get to the six month mark, we want to have built so much more that then I could just turn on and m make one tweet, one post, one video, one whatever, to be able to do this.

[00:43:27] Now you may say, Sharran, does that really work? Well, let me give you an example. I’m sharing the strategy because this was exactly what we used. Exactly what we use to grow our, our last realistic company. So, uh, when I took it over, we had roughly 6,800 agents in 21 markets in the United States. The market cap publicly traded on the Nasdaq was roughly $200 million from two and a half years with a industry media company, which was essentially all that I did was go from 6,800 agents to 27,000 agents and a $200 million valuation to a billion dollar valuation in two and a half months, all publicly traded.

[00:44:02] Okay? What do you think Mark Podolski did building the Land Geek brand? He wrote Dirt Rich. He created the Art of Passive Income podcast. He shows up and works on these stages. He has the events. Why? He’s creating an industry media company that talks about how to generate, how to create passive there’s, there’s these three phrases we go through. There’s learning which creates knowledge. You got to learn some ideas. Experience will, which will create an understanding.

[00:46:12] But as Sharran was even talking about, the last part of that is teaching. Teaching is where mastery begins and influence. So that’s where we want you to go through this process of not only learning, mark shared with you, uh, his land flipping playbook, the same one that he creates consistent passive income, uh, from, you know, for thousands of people who don’t wanna deal with tenants, toilets and termites.

[00:46:34] Joey share with you how to become the bank using infinite banking and private lending. To turn your cash into a compounding machine and a shrine, drop the hammer with the industry media company strategy. Being able to leverage those five tradable assets to multiply attention into income. And his whole aim, as you heard, is to make you where you’re not in the same place six months from now.

[00:46:54] No matter where you heard this from, where you’re part of The Wealth Without Wall Street, uh, audience, The Art of Passive Income or Business School. We appreciate you and spending your time with us. Have an amazing day.income using land investing.

[00:44:20] And whether you want to do it or not, you come away from that event thinking, wait a minute, I learned so much. I love this guy so much. I want to be like him. What did Russ and Joey build? They fundamentally said this one thing that is we. Believe that we are against this institution of Wall Street that is locking up your cash and making Wall Street fat cats happy.

[00:44:39] By the way, I was one of those, so I can actually talk about this. I was a banker at Goldman Sachs and I met Russ and Joey after my banker days and I fought them on everything that they, that taught me. I, you, if you hear me publicly, I will tell you that they are my money coaches. They rewired how I think about money because I stopped thinking about doing the next deal and started thinking about building a system.

[00:44:57] And what do they do? They created a media company called [00:45:00] Wealth Without Wall Street. Essentially that was the idea of how their entire brand is built on how to educate around passive income. Meaning they turn around on their podcast and they actually tell you what their passive income is. They actually show you their numbers that their passive income started at $2,000 a month and it grew to $80,000 a month.

[00:45:17] And they tell you every single thing along the way. What are they doing there? They’re creating a media company to essentially show sell you attention for free. They’re selling you the attention so that it’s good for you, it educates you. And then they say, Hey, if you’re interested in all of this, if this is what you want to do, then maybe I have an option for you.

[00:45:36] So at the end of all of this time that Russ, Joey, and Mark, what they have built is they have built an asset. I. So that they never have to house hack or land hack or deal hack one more, a hundred thousand dollars ever again. And if you think about that, of building a system and building an asset, you’ll be much better off in the next six months.

[00:45:54] Fantastic. Well, we know that your time is one of the most precious resources that you have, and you got to hear what I love is that, you know,

[00:47:10] Hey, it’s Sharran, I have a cool gift for you. Since you like this podcast, I actually have an ultra super-secret private podcast that I make just for my partner companies and the CEOs and influencers that I advise. It’s called 10 K wisdom because I try to wrap 10, 000 worth of value in every single episode in just under 10 minutes.

[00:47:34] That’s why it’s called 10 K wisdom. It’s raw. It’s real. It’s got no intro or outro or anything like that. It’s just straight to the point and to the insights. Since you like this podcast, I think you will like that. So for the first time, I’m making it available to you. Just go to 10Kwisdom.com the number 10K wisdom.com and my team will activate it for you as my gift. Go to 10Kwisdom.com. I’ll see you there.