Ep. 72: Building Wealth in Any Economy with M.C. Laubscher

M.C. Laubscher is a native South African who played rugby and travel and wound up playing rugby in the Ivy League at Princeton. Shortly after moving to the U.S., he discovered a book that changed his perception on money and finances, Rich Dad Poor Dad. This led him to his journey of studying wealth, investing and business for two decades. M.C. shares his 20 years of knowledge as a wealth and investment strategist, financial educator and the host of a top-rated business and investing podcast, Cashflow Ninja. On this episode, he shares about building a wealth strategy that expands beyond the stock market, taking advantage of the current market cycle, and building a successful brand.

Key Market Insights

• Originally from South Africa, currently based in Pennsylvania
• Played rugby in the Ivy League after some time traveling
• Studied wealth, investments and business for 20 years after reading Rich Dad, Poor Dad
• Adopted a sports modeling technique to investment and business: look at the best players, study their strategy (diets, training, recovery, skills)
• Met a real estate mentor, and worked for his company
• Wealth and investment strategist, and financial educator, also CEO of Producers Wealth
• Creator and host of the top-rated business and investing podcast, Cashflow Ninja
• Indicators of a Right Market: Strong population growth, tax favorability, diversified demographic and jobs
• Hot Markets: Texas, Arizona & Florida for tax favorability, baby boomers, diversified jobs
• Creating a Financial Strategy: Invest in your mental & relationship capital first; Align your resources and assets with your strength; Manage Risk
• A sound strategy allows control and flexibility when things turn out differently as planned
• Tips on Current Market Cycle: Proceed with caution; Expand networks; Invest in recession-proof assets; Partner with the right people
• Recession-proof assets include mobile home parks, self-storage, and assisted housing
• Tips on Successful Branding: Identify your audience. Build a brand around them. Put as much value. Communicate core values. Be consistent
• Currently, expecting his second child and working on a free Wealth Creation Course

Bull’s Eye Tips

Winning your Market: Know everything than anyone else.

Tracking Market Changes: Build a network and team to receive valuable information

Daily habit: Write daily goals

Resources:

Rich Dad Poor Dad by Robert Kiyosaki

Cashflow Ninja

Book Recommendation

The Mystery of Capital by Hernando De Soto

Digital Resources

Twitter & YouTube

Tweet this:

“Find mentors that will help you along the way.”

“You don’t have to be a Rockefeller to do what the Rockefeller’s do.”

“Pursue excellence daily, and improve your craft.”

Places to Grab a Bite

Guru’s Indian Cuisine

Connect with M.C.

YourOwnBankingSystem.com