This is not an interview that I did, but I really like it and have listened to it many times. Ignore the part at the beginning if you don’t live in Houston, but listen all the way through. It is absolutely outstanding.

Some of my favorite parts (paraphrased):

Stop trying to reinvent the wheel. Go out and find some one who is already getting the results you want, and model it.

On finding a mentor:

When looking for a mentor you have to ask yourself some tough questions about that person. Do they have what I want out of life? (Wealth, time with family, etc). Many people are unqualified to be your mentor, yet they give us advice.

On retiring broke:

9 out of 10 people in the United States from 1970 through 2000 retired at or below the poverty level. You have to ask yourself why the vast majority of the nation would follow a path of building wealth that we know is ineffective.

Who we should take advice from:

Guess what the people who taught us how to build wealth (friends, family, professors) have never done? Built wealth. Do not talk to anyone about how to build wealth who hasn’t built their own wealth.

Employee mindset vs. millionaire mindset:

70% of millionaires in the United States are self-employed. Most of the remaining 30% are unemployed and less than 1% of all millionaires are actors, musicians, athletes, or entertainment business related.

You’ll never get rich helping just a few people each day:

Ok I buy your concept that you have to help other people to make money. But I’m already helping other people in my job. Why am I not wealthy? If you want to make a lot of money you have to help a lot of people. To do that you must be leveraged with other people’s time, knowledge, and money.

On beliefs:

Does a belief have to be true to be debilitating? No.

Who gave us our beliefs about money:

I would have to admit that in college I had a professor come to class, complain about his car note, house note, and financial condition, and then go on to teach 150 students college prep economics. I became painfully aware that all of the people who’d given me my beliefs about money were unqualified to give them.

Click play below to listen to the interview

 

 Interview With A Self Made Millionaire - Steve Davis: Play Now | Play in Popup | Download

Today we have another Interview with a Self-Made Millionaire.

My guest is Howard Rambin, who is the CEO and co-founder of the
largest commercial real estate firm in Houston, TX, Moody Rambin
Interests.

Howard has literally bought and sold hundred of properties worth
many millions of dollars, and he has some great advice for people
just getting started in their own business.

In this interview, Howard shares some priceless information,
including:

* How his net worth went from $27 million to zero in one year,
how he built it all back and more, and what he learned from the
experience.

* The “Mother Metaphor”, a simple philosophy his company uses to
build better relationships with their customers.

* How to use leverage to build wealth, whether it’s in real
estate or not.

* How he analyzes every deal that comes across his desk and
decides what to invest in.

* Why mentors are the most important tools to learning, and how
he personally found successful people to help him throughout his
career. (He also shares his personal email and phone number for
anyone who’d like to ask his advice at the end.)

* Why diversification is the key to protecting your financial
fortress, and some upcoming trends you should watch for
investment opportunities.

CLICK PLAY BELOW (the good stuff really starts toward the 2nd half!)

Or you can download the mp3 here.

 

 Interview With A Self Made Millionaire - Howard Rambin: Play Now | Play in Popup | Download

I came across these interviews I did a while back, and wanted to repost them for those who haven’t heard them. Hope you get something out of it!

Kevin Morgan is the CEO of Eskimo Hut, a chain of convenience stores. He started with just one store in Amarillo, TX and now owns 17 of them across the south western U.S. Oh yeah, and he is just 31 years old.

 

 Standard Podcast: Play Now | Play in Popup | Download

I always like to hear about innovative business models, and todays interview is with the CEO of a company that teaches men and women how to get more dates and attract the opposite sex!

Nick is President and CEO of Mystery Method Corporation and is the author of Magic Bullets, the “bible” of dating science and social dynamics. He loves adventure and a challenge. After college, he traveled the world for several years, managing international businesses in Europe, the Middle East, and South Africa. He started by gambling at backgammon for food and travel money across Turkey and finished by helping raise financing in Slovakia for Europe’s most promising low-cost airline http://www.skyeurope.com/. He has an MBA from Wharton and an Honors Degree in History from McGill University in Montreal. He has also consulted to several Fortune 500 companies around the world on business strategy.

1. Did you always know that you wanted to start companies and work for yourself, or was there a specific moment that made you realize it? How did you get started?

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Skip Tierno is a self-employment counselor and business coach with The Entrepreneur’s Source, North America’s leading business and franchise consulting organization.

The Entrepreneur’s Source has been helping people achieve self-employment for over twenty years and was ranked among the top consulting franchises in the country by Entrepreneur Magazine.

I recently got the chance to ask Skip a few questions…

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