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The Money School Podcast shares the secrets of the wealthy, so you learn how money really works and take back control of your life!

You'll hear the inside story of wealthy entrepreneurs and investors... breaking down how they got started, how they think about money, how they put money to work for them, and how you can change your life simply by doing ONE thing differently with the money you already have.

Through the podcast, you'll become your own bank - mastering how money really works - so you can use it to gain the upper hand and take command of your finances. After all, building wealth isn't about resources, it's about being resourceful. 

Hosted by Chris Naugle, former pro snowboarder turned real estate investor, serial entrepreneur, and money mentor, this podcast has one mission - to show you how money really works so you can reclaim control of your life!

Jan 23, 2020

The true test for any entrepreneur is how we handle challenges, setbacks and the inevitable downturns. It’s not just about survival, it’s about being able to look for opportunities for personal growth. How do we foster a mindset of pushing forward, instead of accepting defeat? Why should we stop seeing market downturns as times of decline and failure? In this episode, I’m joined by the highly successful “Godfather of Wholesaling” Jamil Damji, who shares on rebuilding after a recession, and not letting the bad circumstances of the market derail us.

 

Three Things We Learned

Bad markets don’t always mean that our businesses are doomed

We need to shift our mindset and start understanding that money can be made even in the worse market conditions. We need to look around us, and see where the energy is going, what people are moving towards and go in that same direction.

There will still be opportunities in this next recession

In the last 5 recessions, only 2 of them negatively impacted real estate. The next market correction will bring us a lot of opportunities. A lot of money is going to be parked in real estate for capital preservation and protection during the next recession. Investors are overpaying for homes now, and that’s because they know there’ll be cashflow down the line. 

 

Make inner work a top priority

Our outer world is a reflection of what's inside us, so if we want to succeed, we need to work on nurturing and fostering the right state of mind and emotion. If we pay attention to our mental and emotional state, we’ll always have a high-performance mindset, under any circumstance or market condition.

 

Guest Bio- 

Jamil Damji is a former comedian turned successful real estate investor, known as “The Godfather of Wholesaling”. He is the president and co-founder of Keeglee, an investing operation with 40+ employees.  


To get in touch with Jamil, follow @jdamji on Instagram and send him a DM. You can also follow his company @KeyGlee on Instagram.