Chris Moore: 0:00

How can we leverage something like real estate investing starting at age 26 to help us retire faster or retire with more money?

Lorien Dean: 0:06

We have clients who pay us on a consistent monthly retainer. But the biggest fear is like what if every?

Chris Moore: 0:11

client drops off, I sell it for usually at this price point at least $100,000 a game. If you can't be disciplined enough to put money away every month, you're never gonna get what you want in life. Hey everybody, this is Chris Moore, your intentional investor. We're doing a special live kind of studio audience type podcast. The only problem is we don't have an actual studio audience, so we're gonna do like some fake clapping and things in the background to make it feel like we do. Yes, you're great. Wow, we got Lorian here with us today. We're in the studio and we want to talk about real estate. So real estate investing, specifically, being a gentleman like yourself, married, focusing on not just how do I get better at what I do every day and make more money, but I also want to eventually not have to work, and we've talked about it before and real estate investing is a part of your plan Like, you want to get some rentals, so I think you wanted to live on some acreage or something one day.

Chris Moore: 0:57

So let's just talk about your ambitions, what you want, and then, if you don't mind, maybe we just map out a plan on how you can get there. Maybe the first steps you should be taking, and I may hold your feet to the fire a little bit hold you accountable and call you out if you've got any stuff.

Chris Moore: 1:12

I think mindset has a lot to do with it. It's easy to get your second million after you have your first. It's easy to get your third property after you already have two. But how do you get to that first one? Yeah Right, so let's talk about real estate, your ambitions First of all, for the audience here. How old are you?

Lorien Dean: 1:26

I'm 26 years old. Married at 24 years old, 25 years old. And definitely married up. Yeah, married up. My wife's actually working the camera right now. Shout out to you, baby, that's brownie points for when we get home. There enough, tell the world. I guess that's okay, right.

Chris Moore: 1:41

You did put a ring on it, I did right.

Lorien Dean: 1:43

So let's talk about real estate though.

Chris Moore: 1:44

So at some point you don't want to work anymore, right, and I know it's really maybe hard to think about it 26, but I wish more people would start thinking about it 26. And not just a house, of where we live, as where we live in real estate is what we buy because we're supposed to. But how can we leverage something like real estate investing, starting at age 26, to help us retire faster or retire with more money? And how can we use real estate investing in houses and properties as almost like a savings account? It could be a wealth accelerator, things like that.

Lorien Dean: 2:13

Well, I'd like more so just to have incoming cash outside of, because right now we run a content creation agency. We have clients who pay us on a consistent monthly retainer. But the biggest fear is like what if every client drops off, yeah, and we don't have any other asset to fill that in? Which is why I wanted to do real estate, because that's still a monthly recurring revenue that comes into our bank account and requires I assume at least could be could be outside of the upfront work. It's easier to manage.

Chris Moore: 2:42

Maybe, maybe. So tell me before we get into that, because I have some thoughts on that subject for you. But what's the ambition? So, are you trying to buy a rental property right now? Like, what are you going after?

Lorien Dean: 2:52

Well, I would like to buy a rental property but, being that I'm a first time home buyer, I know the interest rates are up a lot. But yeah, ideally I would like to have at least three to five rental properties within the next, like just one per year.

Chris Moore: 3:04

Yeah, that's really the goal I just would like to have, like so let me ask you what do you know about buying a rental property?

Lorien Dean: 3:11

Very little. I talked to a Alex, I forgot where she was Mortgage broker. Okay, yeah and she helped us out with making sure that we know like our credit was in check and everything but outside of that, we've never bought a property before in our life. We I still need, I need to help a few years ago just getting into my apartment. So when I say complete, I got you. Complete, I got you. That's normal, though, right.

Chris Moore: 3:35

So it's just a. It's a process. So let's go back to what you said a minute ago, like the idea of being able to have almost a fallback. Passive income streams more money about side of the clients you're serving, so you kind of have a safety net. So let's just bust that myth for just a second, right out of the gate. That may not be the easiest way to do that.

Chris Moore: 3:52

Real estate could be really good unless you're really going like creative financing and learning how to get into properties with no money down and using those type of techniques it's going to be more difficult to get into a property that's going to cash flow and cash flow enough to make it worthwhile, right.

Chris Moore: 4:06

So really let's just get away from everything and just go straight back to traditional real estate investing. You really have two main things, which is cash flow investing and appreciation investing. Cash flow investing is when you're buying a property hoping that the difference between your mortgage payment and the rent someone's paying you is going to pay you a monthly cash flow amount, and that's kind of what you were alluding to a minute ago. But in all reality, with interest rates being as high as they are, mortgages are more expensive, also rents expensive, I guess. But that gap between what someone's paying and what your mortgage is is really your cash flow. But if you don't have a lot of money up front to put down on a property, your mortgage is going to be higher. It may not be as obtainable. And there's so many experts I'm not going to tell you right now that I'm a real estate investing coach or trainer.

Lorien Dean: 4:48

I know a lot of them, but you've done a lot.

Chris Moore: 4:49

I've done a lot of investing and also sold a lot of houses, so I get it and I know the style investor I am has nothing to do with cash flow. I'm an appreciation investor, but just want to make sure we're on the right topic. So imagine if you did save up 20% of a down payment on investment property 20%, 25% and you go buy a house that's $250,000.

Chris Moore: 5:10

And you have a mortgage that, let's say, is 1,500, 1,600 now because the interest rates are high and then you go rent it out for, let's say, 1,800 a month. That's only $300. So you actually had to pay like $50 grand down, plus have all the risk of carrying the property and having to pay the payment even if someone's not running it, to make a $300 a month return. So that's where just the math doesn't work that way. There's a lot of people out there who teach creative financing and how to get into deals with no money down and be able to use other people's money OPM to get it and there's faster ways to do it. But when someone's getting into it from the very beginning, I want to go back to something else that you said. Maybe buy one to three properties the next couple of years and maybe one per year. So there's another way you could do it. When you buy an investment property and you buy it as an investment, you have to put a larger down payment down 20% most of the time standard for the minimum down payment for an investment, Probably still out of cash, which is wild, but if you go,

Chris Moore: 6:05

buy a house to live in it, you can put a much lower down payment down. I mean even as low as zero down with some areas and some price points of houses, like there's rural development, usda, you're a veteran, you could do the VA. I don't like any of the zero down loans at all. If I do zero down with, the interest rates go up a lot more. Not necessarily. It depends on what it is. I'm not a big fan of zero down and I'll tell you why in a minute. But imagine if you jumped in at 3% or 5% down, which is much more obtainable. Is it easier to save 3% of 250 or 5% of 250 or 20% of 250? Easily, 3% to 5%.

Chris Moore: 6:38

Yeah, so imagine what we do is the one year rule. You can actually buy a house, live in it as an owner occupant that's the language around this Owner investor, owner occupant. As an owner occupant, live there for a year. Then you could rent it out and then buy a new one, and you can do that every year. And what you're doing is you're lowering the barrier to entry, where you're not paying a big 20% down every time you buy the property, but instead you're getting in at that 3% or 5% down, and that allows the barrier entry to buy the property to be much lower. So every year, if you did that, yes, you would be moving every year to a new house.

Chris Moore: 7:10

And that's part of the game, but that's called the one year rule and you can do that and that's one way that people who don't have a lot of cash, who want to get into real estate investing that's how a lot of them do it. So I'm doing it right now. I'm sitting in this house right now you saw I'm actually working on the kitchen and every three years I end up taking the house that I've been living in. I've been fixing it up over three years, enjoying it. I sell it for usually at this price point, at least $100,000 gain Every three years and I move up to something different and it's not a pain in the butt to move that much.

Lorien Dean: 7:37

Maybe it is, but we don't look at it that way.

Chris Moore: 7:39

It's our investment strategy. This is how we make more money, so all I need to do essentially starting off with you become an owner occupant.

Lorien Dean: 7:46

You live there for one year.

Chris Moore: 7:47

Buy your first house to live in it. After a year you literally can rent the house out you live in and buy a new one.

Lorien Dean: 7:54

My first goal, then, because you know we're running an agency, my first goal just to be able to get like quoting you like a surge of income in order to be able to get the cash, to be able to like have a down payment to be able to get the first house. What would your first step be if you were?

Chris Moore: 8:07

in my shoes. So let's just use some average numbers. They don't have to be accurate or anything. But let's say you were making $7,000 a month, right, making $7,000 a month and you want to buy a house. That's a quarter million dollars. Interest rates are high right now.

Chris Moore: 8:19

Obviously, the first thing you got to do, especially when you, like, own an agency is you got to be qualified to buy a house, right? So if you go talk to a mortgage officer, if you're doing traditional financing by the way, there's all these creative people out there but traditional financing they're going to want you to qualify for a house. So maybe you need to be self-employed over two years of tax returns filed as a self-employed person before you can qualify it to even get a traditional mortgage. So the first step is to get qualified and being fully aware of what it takes to be qualified Talking to a mortgage officer, mortgage broker, mortgage banker and saying what do I need to do for my specific situation to be able to qualify for a traditional mortgage? That's step one.

Chris Moore: 8:57

Step two when I do qualify, what type of down payments do I need to be preparing for and saving up to pay to be able to buy the house and what's my affordability index, based off how much money I have, my DTI debt to income ratio, how much money can I afford monthly payment wise that you'll actually give me a loan for? So understanding all that's the first step. Preparing for that, and if it's for you, maybe you've been self-employed for two years already and you're just like all right, well, you've already checked that box. Now you just need to save up $10,000 and make sure your credit stays up and don't take on any more revolving debt Like don't go buy two new cars.

Lorien Dean: 9:31

And you'll be good.

Lorien Dean: 9:32

It's more individual to you Maybe you can help me, because I feel like I probably have a limiting belief in this, where because I know I keep relating back to the agency and everything, but that's really where my life has kind of been revolving around. So everything that we've been earning has been pretty much going back into buying equipment, sure, and anything that we can to increase the value of what we can provide Sure, and so be able to save up for a house or save up for a down payment has been more so of a.

Chris Moore: 10:01

It's been a struggle, I bet.

Lorien Dean: 10:02

Yeah, yeah, yeah, yeah. We can unpack this for days. So much talk about it, so much.

Chris Moore: 10:08

Let me tell you a couple of things and ask another question. Ok, ok, what I just said doesn't change. You've got to know what it's going to take and what scenario has to play out for me to be able to buy my first house. That has to be the same, and then you have to make decisions every day that change the way that you're doing things that are going to lead you towards it. So if you knew that I've got a year and a half to save up $15,000 to buy my house, I need to make sure that my credit stays a certain point and I'm just waiting a year and a half so I can file my second tax return as a self-employed person. I need my taxes to show to the IRS that I made this much money or I'm not going to qualify.

Chris Moore: 10:45

You're making decisions based off that information, getting you prepared to buy a house. Forget about everything else for a minute. It's more of understanding and over this 18-month period that I need to save up $15,000, I need to make sure I'm not getting an unnecessary debt and I need to make sure that on paper, I'm not writing off too many deductions where I'm not showing any money at the end of the year, because no one's going to lend me any money to buy a house. That's first. You've got to be able to understand what you need to get to, to make decisions to get there. The next step would be if you're having trouble coming up with the ability to save $15,000. If I said that you have 18 months to save $15,000, you got to save about $875 a month.

Lorien Dean: 11:21

So there's two things to do.

Chris Moore: 11:23

That's a lot of money. Well it could be.

Lorien Dean: 11:26

What if you focused?

Chris Moore: 11:27

on earning another $3,000 a month? What if most of your energy and focus beyond your normal business didn't focus on saving $875,?

Lorien Dean: 11:34

but earning another $3,000?.

Chris Moore: 11:37

Could you carve out $875 a month and put it away? Sure, so instead of just figuring out how to spend less money so I can save $875, if everything I'm making also goes back into my business or paying my living expenses, why don't you focus that same energy on making more? What if you had one more client that paid you $3,000 a month? And then the other part of this is just willpower and discipline. You have to be disciplined and have to say no matter what it's called pay yourself first. You've got to pay yourself every month. You've got to pay yourself and put something away, Because, at the end of the day, do you want to work for five years and look back and still have nothing? No, sir, no you don't.

Chris Moore: 12:11

And that's where willpower comes into play. There's all these shiny things we want to buy and I get it. I'm not the Dave Ramsey guy Nice guy, I'm sure. I'm not a big fan of that concept. I think that people who need Dave Ramsey need Dave Ramsey. People who have problems with self-discipline, self-control, they don't know how to spend money or save money, and they're coming up on retirement age and there's no way they're going to retire. He's like a savior to those people. But if you don't need that, you don't need it.

Chris Moore: 12:35

I'm not a big fan of that, necessarily for everyone, but there's a lot of truth to what he's teaching there, where if you can't be disciplined enough to put money away every month, you're never going to get what you wanted to life Wow, right. So for me, my first thing is, like we always talk about learn unbelievably high demand skill sets that pay unbelievable money, no matter what the economy is doing, that doesn't need a college degree. If you focus on investing yourself and making yourself more valuable to your clients, where they pay you more money, a lot of this comes really natural. Instead of trying to scrounge and save $8.75 a month, I'm just going to make an extra $10 grand a month and save $3,000 a month Interesting. That's a better mindset.

Lorien Dean: 13:08

So how do you feel about high demand skills? I know the typical ones are digital marketing venture capitalists, so raising capital business acquisitions, content creation, digital marketing, high ticket sales, leveraging AI, creating leads. How do you feel about the content creation as a high demand skill now, like in 2023, as opposed to what it used to be?

Chris Moore: 13:33

I think it's more of what problem are you solving for people with money? At the end of the day, if you want to make more money and you work for yourself and you provide a service to the market, it's pretty simple. I want to make money and get paid for making richer people and solving their problems and working with people with a lot less money. You choose the clients you go after. So am I going to go and try to pull on clients that are barely making it and I'm going to help them build their business? No, I'm going to only work with really established businesses that really find value and they make a ton of money off the content I'm creating because they're willing to pay more for it.

Lorien Dean: 14:04

Well, somebody out there, like if they're just starting out and they don't have access to like I'm friends with you and that has opened the doors for me for a lot of opportunities which I'm very grateful for Well somebody else doesn't have, like they're at home and they don't have that Start the network Like.

Chris Moore: 14:18

Where, like how? Well, first of all, if you have nothing of value to exchange to people with money, usually they're not going to give you a lot of their time, right? So go learn things Like go figure out what rich people and bigger businesses are needing, who are they hiring, what are they starving for, what is a big needle mover in their revenue, and go figure out how to fill that demand. I mean, if you look over and see that this business is screaming like we need more sales people, we pay really well, then go learn how to sell and go work for them and make lots of money, like Do you feel like doing in that scenario like a car salesman?

Lorien Dean: 14:50

Because there's there. I have friends right now who are struggling. He has two kids selling cars?

Lorien Dean: 14:55

No, no, he was he was working at warehouse but actually I said two kids. He has like five or six kids and he just has another one all the way, and he's my age right now and he's worried that they just got evicted from their house and there he doesn't really have any high demand skills. He's trying to learn programming but for like sales what? How can you get into high ticket sales or something like that and learn that high demand skill you need to be?

Chris Moore: 15:18

real with yourself too. Not everyone's made for high ticket sales, right? So if you have certain intangible skill sets and characteristics, it may be more natural, but not everyone's built for sales. Programming I don't think that's a high, high demand skill that pays tons of money. It could be in certain niches, like I go get a Google nano degree and pay 220 bucks one time and let Google teach me how to go work for them and let them pay me lots of money. That's good idea. I would, if I'm going to do programming, and that's the way. I'm a mathematical brain. I like to solve problems. I'm cool with being in a laptop all day.

Chris Moore: 15:49

Go go research and type into Google like what Amazon programmers make the most money and how did they learn what they learn. And go learn what they learn and then put your resume in and show them. Or go there's Cisco and all these different companies that are literally training their next workforce by you pay like 500 bucks. You take a course. When you finish it they hire you. I don't see how it's so hard. People are not Google searching the right stuff. That's what I think. But I don't think your programmer friend needs to go be a high-ticket sales guy. That's a very different type of skill set, but it's more of what can you do that feels more natural to you, that you're interested in and who would pay you the most money to do it. How can you provide value to their life? So it's like, if you're watching this and you're a content creator, are you going to go work with startups?

Lorien Dean: 16:29

No, they're not going to pay you.

Chris Moore: 16:30

They don't have any money, they're going to offer you pizza, equity and a couch to sleep on or something Like. You don't want to do that. Go work for companies that already need what you're offering. They already believe they need it. They know how to channel the content you're creating to make them money. Like it's not the content that you're creating that's making us money, it's how we're channeling it. Right, you know that? Right, yeah, you know. So it was mental shift for me, Like it is a mental shift, right?

Chris Moore: 16:51

So it's not about like artistic and being creative and being great with a microphone and being great at it. It's about how to do that with the people who know how to make money with it, because that's where it's worth a lot more.

Lorien Dean: 17:00

So switching, basically switching your idea cap from being a content creator to like a content strategist.

Chris Moore: 17:05

I help people create high quality content that converts into cash. That's what I would do. I think about like I'm the guy you call when you need blank Remember we talked about that many times, right? So if I look at like, hey, I'm a content creator. No, I'm the guy you call when you have the opportunity to create lots of money for your business leveraging content, but you don't know how to do it. That's the. That's who I am. That's the guy I forgot.

Lorien Dean: 17:31

I'm not a content creator.

Chris Moore: 17:32

I'm the guy you call when you know that's a better way to look at what you do, because you can go create content for a real estate agent and help them shoot their like you're not gonna make any money.

Lorien Dean: 17:40

They're not gonna make any money doing that.

Chris Moore: 17:42

They're not gonna share their commission with you, yeah Right. Or you can go make money by making content for somebody who's learned how to leverage Instagram and make $10 million a month, and you can go and be a part of that journey that what you're doing for them is worth so much more money than some real estate agent.

Lorien Dean: 17:56

So just to recap everything we kind of talked about how do we get to this topic?

Chris Moore: 18:00

We were starting out of a house. I know we start real estate, but go ahead, recap it no no, I'm just, I'm just.

Lorien Dean: 18:07

I'm gonna ask you to recap. So start with, do you believe starting start with a high demand skill? After you find the high demand skill that makes you money, then save up, start saving up for a down payment, or do your like, what do you do?

Chris Moore: 18:18

I think it's hard to really put anything into some sort of box like that. I think we're talking to you. We're talking about Lorian. We're talking about you want to buy a house. We're talking about how much money you're making. We're talking about how to save up 15,000 over 18 months and not make bad credit decisions. That's what we're talking about here.

Lorien Dean: 18:35

It's so personalized.

Chris Moore: 18:36

It's so different. Yeah, okay, somebody else in the room or somebody else listening has a totally different thing than you do. They may be a W2 looking to buy their first house. It's a different. I can't put it into a box, okay.

Chris Moore: 18:47

But what I can tell you is, if you're out there and you are self employed and you're tired of making more money every month yet having nothing to show for it yet, maybe your life's does a little bit better. Yet you have nicer clothes, or clothes with me on the picture, right, that's nice. But instead you want to be able to look back and say, wow, look what I built and look what I have. You know, at the end of the day, your net worth is what you own minus what you owe. At the end of the day, you work hard for 5 years.

Chris Moore: 19:12

What do you own? Right, you know? So all I'm talking to you about is on a personal level is, rather than trying to figure out how to scrape and salvage and let your personal quality of life suffer, focusing on saving $875 a month. I would double down on how can I do this at a higher level, make more money and, at the same time, keep my lifestyle suppressed, much lower than my income that allows me to have a lot more investable money, and money that I can save every month to be prepared to invest yeah this has been a great, great.

Lorien Dean: 19:43

I appreciate like for sure. Chris has helped me since I was working at I think I was 18 years old, I'm 26 now at the Ninja Academy and has been pouring me from sales to now where I'm agency owner and investing like. I appreciate you so much for everything that you've done. My pleasure, thank you.

Chris Moore: 19:58

My pleasure, but one more thing to that, though. I mean you got to start with I know what I want in life. I want to buy a house. And then you got to go talk to the right person that's going to guide you on what that looks like. And then they say, all right, here's the roadmap 18 months, don't make any bad credit decisions. I need to save up 15 grand and you need to make sure the IRS thinks you make at least 80 grand a year. If you don't have that blueprint, you literally can't get to your destination. So that was the first step figure out what you want, go to the person that can help you get there and ask them what would have to be true. What does that journey look like for me? And then go, let that be a guy. A compass for your decision making Okay, that's got to be part of it. Okay, yeah, and then don't live in the scarcity mindset where I can only make 7 grand a month, so I'm going to have to, like, make sure my cost living is below 5 grand.

Lorien Dean: 20:39

No, no, that's fine. Yeah, it's great. But if you're in like your type of environment, you can take on one more client and double your income.

Chris Moore: 20:44

Man, just Keep your cost of living as low as you can still be comfortable, but focus on accelerating your your income for that purpose. Yeah, because you can't feed your net worth without accelerating your income. You just can't do it, and life's not getting any cheaper. No, it's not and eventually y'all are gonna have little laurens running around and they're expensive.

Lorien Dean: 21:01

I've got a couple of those. My wife in the back like nah.

Chris Moore: 21:08

You guys can adopt me if you want to get it.

Lorien Dean: 21:09

Yeah, is that a namey? Or Chris, is that for the college fund? Is that? Is that applicable for us too? I'm just kidding.

Chris Moore: 21:15

That's another video another day. Yeah, another video, another day. Yeah, you named your kid Chris Moore. Yeah, and you like gave it my last name. I'll definitely pay for everything.

Lorien Dean: 21:26

Yeah, you're going to college.

Chris Moore: 21:28

This is a it's a documented fact. If you name your kid after me, I'm gonna.

Lorien Dean: 21:33

Yep, just a thought yeah my nephew just turned 16.

Chris Moore: 21:35

He's got a Cadillac.

Lorien Dean: 21:37

Oh yeah.

Chris Moore: 21:39

Yeah, you're such a gift giver. No, I just. He's a cool kid.

Lorien Dean: 21:41

Is that your love? Is that one of your love languages? Do you think like giving gifts? Yeah, I think so, yeah.

Chris Moore: 21:46

Yeah, yeah, that, and foot massages. No, I'm just kidding. Let's just address one more thing on this video before we end. It is we're both wearing pretty wild shirts right now. Right, yeah, just keeping it, keeping it light, keeping it fun.

Lorien Dean: 22:01

Yeah, this is my idea.

Chris Moore: 22:02

Delos Muerto shirt. This is a Lorian shirt with my face on it, yeah kind of awkward.

Lorien Dean: 22:07

It's actually how I picked up Zach.

Chris Moore: 22:09

Yeah, he wore this to church one time.

Chris Moore: 22:11

Yeah really awkward, I know right. Someone says, like how did you get that picture of Paul Walker on your shirt, like that? Yikes, well, thanks for tuning in. This was just kind of an impromptu thing we're doing in the studio today. I just wanted to chat with Lorian kind of about where he is right now. He's looking to buy a house pretty soon and sometimes when you want to do stuff like that but you don't know what steps to take, it it seems even more impossible.

Chris Moore: 22:33

Sometimes it seems pointless why am I even trying? Or Sometimes you listen to the wrong person because you can go Google this and and there's a lot of people are gonna tell you a lot Of really good advice, and none of them necessarily better or worse than mine. But I would encourage you to be careful who you listen to. Yeah, so imagine if you're maybe, maybe, like you're really affluent, you got a lot of money, you're like how to invest my money and all of a sudden you late learn, late learn on our land on Dave Ramsey, like his advice isn't gonna help somebody. Imagine if you have no money at all, you're 48 years old, you've got zero in retirement, and then you type in how to accelerate my retirement savings and you land on Jordan Belfort like it's not gonna help you. They need a Dave Ramsey, like.

Lorien Dean: 23:09

So you got to make sure, based off where you are in your life, that you listen to the right people, and I'll even say like for me, like I don't believe in I don't know if I could say this on YouTube or not, so we made but, but like mental masturbation when you just watch you, yeah, let's let it rock first, second, but you're, you consume a whole bunch of content and you're just always thinking about oh, I can do this, oh, I can do this, all do this, and it's just essentially what I call is like mental masturbation.

Lorien Dean: 23:33

You're not taking any action and you're just like. You're just consuming a whole bunch of content instead of focusing on. Typically, I find one person like, if I'm listening to you, or like Tom Nozky, he's a dope content creator and I just stick to them and listen to their, wherever their lifestyles looks like that's what I'm trying to work to. That's pretty much the only content that I'll take in. Yeah, and I just take action on that, video by video, as opposed to just consuming hours and hours and hours of content and never doing anything with it. I think that can be good and bad.

Chris Moore: 24:01

If you rabbit hole in the wrong person, you're just getting more.

Lorien Dean: 24:03

That's true, that's true.

Chris Moore: 24:04

So, first of all, that the concept of what those two words are together. I've never heard those two words combined, that was like it was awkward and exciting.

Chris Moore: 24:14

Let's say, knowledge without action is just entertainment, like learning without taking action. Number one. Number two Do you feel like you can learn a lot of good and bad things from your dad and learn a lot of good and bad things from your mom? Yeah, it's all perspective. So I don't think listening and learning from multiple people is bad. I think you need to learn what people are doing and I think you're gonna pick up on things that don't allow Align with you culturally or ethically, that you're not gonna do, and you're also gonna see things that people have done and accomplished that you like Wow, that's really cool. So I think learning from lots of people and being able to translate it through your, through your own Actions, is really smart. Like so I learned things from my dad that I'd never do and things my dad I'd always would love to do, and same thing with my mom. So I think you can take the bed bad and the good and you can kind of pave your own path.

Chris Moore: 24:55

Yeah so I wouldn't just, I wouldn't just study one person, necessarily, but I mean, at the end of the day, it's hard to argue that the logic behind this person's already achieved what I'm looking to do. I have a lot to learn from.

Lorien Dean: 25:05

Yeah and that's not. It's not a. It's not a. In my perspective, it's not a dismay to like other creators from learning from them. Like I'll watch other videos. But typically if I'm learning for somebody, like if I buy a course, I'm not gonna go watch YouTube content and then go back to the course, like I'll finish the course first, sure, and just stay there. But yeah, I do agree, learning from different aspects and taking out filtering as good.

Chris Moore: 25:25

How do we get on this tangent? It's kind of I don't know crazy how we got through there. But thanks for tuning in and we'll see you in the next video. If you want to keep diving deep and maybe watch some of my podcasts, is it on the?

Lorien Dean: 25:35

side it's gonna be.

Chris Moore: 25:36

Click on this right over here, watch my podcast. What I do a lot is, on the Surgeons of Income podcast, to sit down with people who are in our Inner circle protege program or business owners. We talk about how they can really take their business or their profits to the next level, or how to sell their business or how to accelerate their Wealth through other channels to create Surgeons of Income, and I'd love for you to watch that. Maybe you'll take something that can bless your life away from it and Subscribe like our channel, please, and we'll see you in the next video.