The Wake Up Call
273 episodes - English - Latest episode: 25 days ago - ★★★★★ - 46 ratingsMy Wake-Up Call came in 2015, when I realized that I had had enough of my corporate job and was ready to take back control of my life. The world and economy are constantly changing, and the best thing you can learn is how to spend your time and energy working *on* your business instead of in it. I’m Paul Thompson, and in my podcast we’ll be discussing exactly that—how to build and grow your investment portfolio from the ground up. With each episode, you’ll hear inspiring stories from those who have already experienced their wake-up call, and are doing something about it. Real Estate professionals, industry leaders, and more, will join me to discuss how owning and renting property has changed their lives and the lives of their families for the better. It can do the same for you. Join us and revolutionize your portfolio, investments… and your life.
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Episodes
65. What is Your Endgame?
May 01, 2019 06:00 - 10 minutes - 9.49 MBIn Episode 65 I play with the notion of looking ahead and defining what your endgame is in your life and your investments. I'm taking inspiration from Avenger's Endgame successful $1.2B opening weekend and discuss what lessons we can take take from Marvel who had the foresight to bring epic comic book characters to the big screen.
65. What Is Your Endgame?
May 01, 2019 06:00 - 10 minutes - 9.49 MBIn Episode 65 I play with the notion of looking ahead and defining what your endgame is in your life and your investments. I'm taking inspiration from Avenger's Endgame successful $1.2B opening weekend and discuss what lessons we can take take from Marvel who had the foresight to bring epic comic book characters to the big screen.
64. How To Think About Buying Assets
April 24, 2019 06:00 - 18 minutes - 15.9 MBIn episode 64 I talk about how to consider buying a specific asset. What a cap rate is, how to calculate it, and why cash on cash return can be a misleading measure of returns.
63. Granny Hacking with Elizabeth Ralph Part 2
April 17, 2019 06:00 - 21 minutes - 16 MBIn Episode 63 I continue my conversation with Elizabeth Ralph and we discuss an opportunity she is seeing in her market that could potentially be used in other markets. You have to be able to find your "in" to the current market and this is a possibility I'm looking for in my market now. You can pick up a copy of my new book 'Escape: Money Mindset to Freedom' at this link Be on the look out for me going live on Facebook and Youtube.
How to Escape Your W2 with Elizabeth Ralph
April 10, 2019 06:00 - 32 minutes - 25.2 MBIn episode 62, listen in to a compelling story of how a corporate finance employee breaks out of the matrix by investing in real estate. Elizabeth Ralph shares her personal story of how she redesigned her life to be in alignment with her life goals. www.escapeyourw2.com
62. How to Escape Your W2 with Elizabeth Ralph
April 10, 2019 06:00 - 32 minutes - 25.2 MBIn episode 62, listen in to a compelling story of how a corporate finance employee breaks out of the matrix by investing in real estate. Elizabeth Ralph shares her personal story of how she redesigned her life to be in alignment with her life goals. www.escapeyourw2.com
61. How to Find Motivation and Glide Into Your Optimal Life
April 03, 2019 06:00 - 20 minutes - 17.8 MBDo you ever struggle with motivation to keep plugging away at finding new deals, managing your portfolio, and achieving your goal of financial independence? Of course you do. So did I and so does everyone else. This episode will give you a boost and help you rekindle your attitude. Plus I have a little twist on a new format I'm working on. Tune in and check out of your job ;)
60. 5 Ways to Overcome the Overwhelm
March 27, 2019 06:00 - 20 minutes - 17.6 MBIn episode 60 I share 5 ways to overcome the chaos of modern life and focus on getting done what matters most to you. 1. Define specific, short-term deadlines 2. Pareto the Tasks 3. Trust Your Gut 4. Develop The Habit of Finishing 5. Practice Quitting
59. Clarify Your Focus and Spring Into Action
March 20, 2019 06:00 - 20 minutes - 16.4 MBBased on your stage in life, you'll determine whether you should be a real estate entrepreneur or passive investor and where to focus your energy. Your stage in life can largely influence what your next action starter - cash flow creation stability - cash flow stability growth - wealth and cash flow accumulation income - wealth distribution preservation - wealth retention
58. REI for the W2 Employee with Jay Helms
March 13, 2019 06:00 - 52 minutes - 38.9 MBIn episode 58 I chat with Jay Helms about his story, his development as a real estate investor, his relationship with his w2 job and much more. You can find Jay at www.w2capitalist.com
57. 10 Things Every Investor Should Buy
March 06, 2019 06:00 - 28 minutes - 24.6 MB10 Things Every Investor Should Buy Services 1. Term life insurance Knowledge 2. Library card 3. Read 1 hour a day 4. Mentor or coaching Assets 5. Pay yourself first 6. Personal Residence - make it an asset 7. liquid assets - index fund 8. rental property (optional) 9. Business (optional) 10. whole life insurance (optional) Bonus: Buy Life Experiences
56. BRRRR Made Simple
February 27, 2019 06:00 - 15 minutes - 12.8 MBThe BRRRR method is an investing technique that is sweeping across the country. In David Greene's new book from Biggerpockets, he explains the process in a way that makes it marvelously simple. I know of no better place to get this strategy explained in more detail than this book. I cover my favorite aspects of the book in this episode. Buy Rehab Rent Refi Repeat Pre-order a copy of Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple
55. Five Keys to Property Investing
February 20, 2019 06:00 - 21 minutes - 19.5 MBTo be a successful investor you need each of these 5 keys. Know the rules of the game Know techniques for investing Have access to money Have access to deals Have a network of people to work with To see a specific example of a deal I did where I used each of these 5 components join me on a Free web masterclass www.pauldavidthompson.com/webinar
54. Compounding Essential Execution
February 13, 2019 06:00 - 32 minutes - 28.3 MBToday I cover a mashup on content from several influential books in my life. Those books are: The Compound Effect by Darren Hardy The One Thing by Gary Keller and Jay Papasan Essentialism by Greg Mckeown 4 Disciplines of Execution Deep Work by Cal Newport * All links are Amazon Affiliate Links. This is a marriage of compounding your results by consistently executing activities that focus on the essential work that will create an exponential life.
53. Live An Exponential Life
February 06, 2019 14:04 - 19 minutes - 16.6 MBChoose between two strategies in life. One is a Linear Life and the other is an Exponential Life. I share practical examples of how you can shift your thinking to live an Exponential Live. email me at [email protected]
52. A Properly Run Mastermind?
January 30, 2019 06:00 - 1 hour - 51 MBFellow podcasting friend Daray and I discuss various aspects of a property run mastermind. What's a good format? Who should participate? Should you pay for one? etc.
51. The Velocity of Money
January 23, 2019 06:00 - 31 minutes - 25.4 MBI recap the 10 takeaways from my interview with Alex Felice from episode 50. 1. Education ramp-up time 2. Can't 401k your way to freedom in the short-term 3. Hard to buy a foreclosure with an FHA loan 4. Hack a House Hack using delayed financing 5. Being geographically close to your investment property can be a drawback 6. Live like a peasant 7. Buying with cash has advantages (separate transaction from the long-term financing) 8. Play the long game 9. Velocity of Money...
50. Delayed Financing and How to Suck it Up Buttercup!
January 16, 2019 06:00 - 1 hour - 52 MBAlex Felice shares how he uses delayed financing to acquire properties with 100% financing and isn't bashful about telling you how to get your investments into gear. Check out Alex at www.brokeisachoice.com
49. 5 Steps to Investing Success
January 09, 2019 16:11 - 33 minutes - 29.2 MBI dispell 3 Myths about real estate and share 5 Steps to Investing Success. The key to success and going places is putting your message in front of people’s FACES. 1. F - Filter 2. A - Attract 3. C - Convert 4. E - Execute 5. S - Seal www. pauldavidthompson.com/jumpstart
48. How to Win The Fight of Your Life
December 31, 2018 06:00 - 33 minutes - 27.4 MBThe single most important aspect of our lives that we control and yet most of the time we do a terrible job doing. The struggle is the constant fight for focus! And more importantly, focusing on the right things! How to get into the flow state and work on the right tasks!
47. 7 Lessons to Manifest Your Worthy Dreams
December 26, 2018 06:00 - 19 minutes - 18.5 MBThe lessons about money, mindset and lifestyle design I gleaned from speaking with Lindsay Walsh. 1. Get started and Max it out 2. Maximize legal tax sheltering 3. Learn to Manage Your Own Money 4. Revel in the Confidence of your Competence 5. Embrace the Emotional Component of Money 6. Business Can Be A Fun and Creative Outlet 7. Forget the Bucket List, Make it Happen Now 8. Bonus - Beware Hallow Dreams I'm hosting a new live web training called REI Pathway Jumpstart wh...
46. Real World Women Mastering Money with Lindsay Walsh
December 19, 2018 06:00 - 51 minutes - 40.7 MBLindsay Walsh has an incredible and relatable backstory. She's an everyday woman who had the courage to do the extraordinary and changed the trajectory of her life. You can find her at stella&dot website https://www.stelladot.com/sites/lindsay www.pauldavidthompson.com/jumpstart
45. How to Build Your Financial Fortress
December 12, 2018 11:03 - 26 minutes - 22.8 MBI share a personal story and demonstrate how important having multiple streams of income is to build a strong financial fortress. How many streams of income have you created? I have a webinar how to build additional streams of income called Fire Your Boss
44. Before The Millions Story
December 05, 2018 06:00 - 49 minutes - 38.9 MBA good friend shares his transition from Corporate America into being a real estate investor, thought leader and an entrepreneur! His podcast is called Before The Millions To learn how you can Fire Your Boss you can join my free webinar at pauldavidthompson.com/FireYourBoss
43. Fire Your Boss
November 28, 2018 06:00 - 21 minutes - 19.4 MBAre you fed up working so many hours? Are you sick and tired of being yanked around by corporate politics? Are you ready to take control of your life and FIRE your boss? I explain the EXACT roadmap I used so you can replace your income tell Corporate America to shove it! www.pauldavidthompson.com/FireYourBoss
42. A Spirit of Gratitude
November 21, 2018 06:00 - 15 minutes - 15.5 MBA time to reflect and I share a personal journal entry from my dear diary when I suspected I was about to get laid off. With a spirit of gratitude, I thank you for listening and wish you and your family and happy, safe Thanksgiving! www.pauldavidthompson.com I'll be hosting a webinar called "Fire Your Boss Before Your Boss Fires You" on Monday, November 26th (Cyber Monday). Subscribe to my email list to get the webinar announcement and a free gift from me.
41. Stop Wholesaling Your Future
November 14, 2018 06:00 - 20 minutes - 18.4 MBI discuss how to be a transaction engineer and avoid being a one-note investor. Instead, I explain how to consider a variety of techniques instead of just wholesaling. I share a specific example that was discussed in the Level Up Your Life Mastermind. I make an offer to those interested in joining the mastermind You can apply here www.pauldavidthompson.com/mastermind
40. The Joy and Pain of Real Estate Investing
November 05, 2018 16:59 - 1 hour - 47.7 MBThe Joy and Pain of Real Estate featuring Coach Carson, Gwen, and Miss Mazuma. We discuss the question "Should Real Estate Investing be a part of your financial independence journey?" This is episode 1 of the What's Up Next Podcast I co-host with DocG from www.diversefi.com
39. A Deep Dive On Owner Financing
October 31, 2018 05:00 - 24 minutes - 22.6 MB5 Benefits of Owner Financing No banks are required I control my payments More flexible negotiations Separates me from the competition Enable create deal structuring www.pauldavidthompson.com
38. Confronting Chaos and Making Lasting Behavioral Change
October 24, 2018 05:00 - 35 minutes - 29.8 MBHow Money and organization can each help you spark joy in your life. Resources from this episode "The Life-Changing Magic of Tidying Up" by Mari Condo "For the Love of Tidy" https://fortheloveoftidy.com/ "Spark Joy Ep 45 | KonMari Paper Category: Cutting Paper Clutter" https://www.sparkjoypodcast.com/ep-45-konmari-paper-category-cutting-paper-clutter (this podcast and show notes have advance strategies that Kristyn mentioned during the interview. One of which ...
37. Ask Me Anything - Dodd-Frank, Land Contracts, and Asset Allocation
October 17, 2018 05:00 - 41 minutes - 40.6 MBAnswering subscriber questions Dodd-Frank Land Contracts Asset Allocation Long Distance Investing Mechanics Accelerated Mortgage Paydown Wrap Around Mortgages Subscribe at pauldavidthompson.com and submit questions
36. The Great American Lie
October 10, 2018 05:00 - 17 minutes - 16.4 MBHow do you picture the life of those who are wealthy? The Great American Lie is that we've up-sized the original American Dream beyond our means and have missed the point that "Those people whom we define as being wealthy get much more pleasure from owning substantial amounts of appreciable assets than from displaying a high-consumption lifestyle."
35. An Introduction to Your Online Presence
October 02, 2018 19:08 - 42 minutes - 36.5 MBClarify who your target market is, who are you serving and what problem to they have that you can solve. Create a website that speaks to your audience and how you can solve their problems Include content on your website that helps your audience and chock it full of their language and SEO keywords Make the Interwebs aware of you on the socials (Facebook, Instagram, Twitter, LinkedIn, Pinterest) Don't try to be everywhere at once. Find the platform where your audience is most preva...
34. Why Every Investor Needs A Mastermind Group
September 26, 2018 05:00 - 39 minutes - 34.5 MBDiscussion on what a mastermind is, what a properly run mastermind looks like, and what the benefits of a mastermind are. Benefits of a Mastermind Find focus and clarity on what you should be working on Shared Resources - getting advice or support Collaboration, better decision making, and confidence Extend your network - make meaningful, long-lasting relationships Be more profitable because of ideas you wouldn't have thought about on your own Accountability to your own goals F...
33. How To Do What Matters Using Real Estate - With Chad Carson
September 19, 2018 05:00 - 49 minutes - 41 MBChad Carson from www.coachcarson.com shares his background, investing strategies, and life philosophy. Chad recently published a book with biggerpockets: Retire Early With Real Estate On Amazon: Retire Early With Real Estate The book has 25 case studies and well worth the read I'll be hosting a free, live webinar to help you take your business to the next level 5 Tools to Supercharge your Real Estate Business
33. How To Do What Matters Using Real Estate with Chad Carson
September 19, 2018 05:00 - 49 minutes - 41 MBChad Carson from www.coachcarson.com shares his background, investing strategies, and life philosophy. Chad recently published a book with biggerpockets: Retire Early With Real Estate On Amazon: Retire Early With Real Estate The book has 25 case studies and well worth the read I'll be hosting a free, live webinar to help you take your business to the next level 5 Tools to Supercharge your Real Estate Business
32. Death by a 1000 cuts: How to avoid wasting time!
September 12, 2018 05:00 - 27 minutes - 24 MBLearn 3 Strategies to Avoid the Death of Your Productivity Control your Environment Establish Routine Create Effective Systems www.pauldavidthompson.com/webinar
32. Death by a 1000 Cuts: How to Avoid Wasting Time!
September 12, 2018 05:00 - 27 minutes - 24 MBLearn 3 Strategies to Avoid the Death of Your Productivity Control your Environment Establish Routine Create Effective Systems www.pauldavidthompson.com/webinar
31. Find Your Labor of Love
September 05, 2018 05:00 - 17 minutes - 21.2 MBThe episode discusses the FIRE movement in comparison to the American Labor Movement When considering the work you do Remember how great you have it and look for opportunity You don't have to do work you hate if you're willing to make serious sacrifices You can engage with me further by going to www.pauldavidthompson.com/mastermind
30. How a Buy and Hold Investor Is Taking His Investing to the Next Level with Gary Spickes
August 29, 2018 05:00 - 32 minutes - 38.7 MBGary Spickes is a friend of mine, mastermind member, and a buy-and-hold investor. He's taken his investments to next level. Gary shares how he's moved up the "food chain" of investments, breaks down a 'sub-to' transaction and discusses the power of a mastermind group. You can contact Gary at [email protected] www.upwork.com Screencast-o-matic.com *Affiliate Link* www.pauldavidthompson.com/mastermind
30. How a buy and hold investor is taking his investing to the next level -- With Gary Spickes
August 29, 2018 05:00 - 32 minutes - 38.7 MBGary Spickes is a friend of mine, mastermind member, and a buy-and-hold investor. He's taken his investments to next level. Gary shares how he's moved up the "food chain" of investments, breaks down a 'sub-to' transaction and discusses the power of a mastermind group. You can contact Gary at [email protected] www.upwork.com Screencast-o-matic.com *Affiliate Link* www.pauldavidthompson.com/mastermind
29. Investors 'Rule of 3' for Success
August 22, 2018 05:00 - 21 minutes - 25.2 MBAs an investor or business owner, you'll be plagued daily by these 3 questions. How you respond and act to these 3 questions will greatly influence your level of success. Should I begin? Should I quit? Should I buy? Investor Rule of 3 Be quick to act Be slow to quit Be careful to decide Join me in Little Rock for a weekend with people seeking financial independence. I'll be speaking about how to -- 'Be Someone Worth Talking About' at Campfi South. Campfi South Sept 7-1...
28. 5 Tools to Launch Your Real Estate Investing Business
August 15, 2018 05:00 - 46 minutes - 41.4 MB5 Tools to Launch your Real Estate Investing Business Audio Business Card (aka Elevator Pitch) Marketing Plan 3 Option Letter of Intent Investor Success Tracker Negotiating Rule Book Plus Live Q&A from Mississippi Association of Real Estate Investors Campfi South will be in Campfi South Sept 7-10 Discount code 'RIO' for $75 off for only $375 www.pauldavidthompson.com/campfi
28. Five Tools to Launch Your Real Estate Investing Business
August 15, 2018 05:00 - 46 minutes - 41.4 MB5 Tools to Launch your Real Estate Investing Business Audio Business Card (aka Elevator Pitch) Marketing Plan 3 Option Letter of Intent Investor Success Tracker Negotiating Rule Book Plus Live Q&A from Mississippi Association of Real Estate Investors Campfi South will be in Campfi South Sept 7-10 Discount code 'RIO' for $75 off for only $375 www.pauldavidthompson.com/campfi
27. 5 Lessons from a Turnkey Provider with Marco Santarelli
August 08, 2018 05:00 - 42 minutes - 47.6 MBMarco Santarelli from Norada Real Estate and the Passive Real Estate Investing Podcast joins me today Long Distance Real Estate Investing isn't a new trend Fill the need in the marketplace with a niche you understand Take a Top-Down Approach - market, neighborhood, property, and team Work in markets with steady a job base and a migration trend Consider Portfolio Lenders to grow your portfolio Article about the best portfolio lenders in 2018 Join me in Little Rock Sept 7-...
26. Too Comfy
July 29, 2018 23:25 - 18 minutes - 24.3 MBThis episode covers the cost of staying chained to the just comfortable enough cubicle land and discusses the benefits of a lifestyle business where you can fit work into your life, rather than living your life around your work schedule. I'm hosting a live, free webinar explaining in more detail the 3 steps to your first (or next deal) in 3 months. www.pauldavidthompson.com/webinar
25. 3 Steps to Investing Success
July 25, 2018 04:01 - 31 minutes - 39 MBI break that down into 3 steps to investing success Filter - or define your target market Offer - make offers to people you suspect want to sell their property Close - take title or assign your interest at closing, either way, you have to make sure the closing happens https://www.pauldavidthompson.com/mastermind https://www.pauldavidthompson.com/webinar https://www.pauldavidthompson.com/free-webinar https://www.pauldavidthompson.com/rei-pathway https://www.eventbrite...
24. Why I LIE Every Day
July 17, 2018 04:01 - 23 minutes - 30.1 MBLearn. Invest. Enrich When I lie down at night I ask myself "What did I learn today?" "Did I invest in my future?" "How did I enrich the life of someone else?" A daily philosophy I keep to continuously improve and establish better relationships. https://www.pauldavidthompson.com/webinar https://www.pauldavidthompson.com/free-webinar https://www.eventbrite.com/e/campfi-south-2018-sep-07-10-2018-tickets-43467206585
23. The Riches Are In The Niches
July 11, 2018 04:01 - 25 minutes - 33.9 MBSteps to hone in our your niche Decide to invest Choose your investment vehicle (Real estate, stocks, start a business) Select your niche (single family, small multifamily, apartments, RV parks, etc) Select your geographic market (where you live, nearby cities, cash flowing markets) Filter down to specific neighborhoods and property types Market to your target Monetize your deals https://www.pauldavidthompson.com/webinar
22. Long Term "Exit" Strategies
July 04, 2018 04:38 - 33 minutes - 36.4 MBChoose Your Long Term "Exit" Strategy Rental Lease Option (AKA Rent-to-Own) Owner Financing https://www.pauldavidthompson.com/mastermind/