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Jan 2023
1h 18m

How To Use The 2023 Recession To GET RIC...

Impact Theory
About this episode

If you’ve noticed the price of eggs recently you may have realized the pain of the recession we’re currently experiencing. Making money during a recession is not only possible, it’s often said to be the time when millionaires are made.


Graham Stephan, host of Iced Coffee Hour, successful YouTuber with over 500 million views started his journey to financial success at 18 years old at the start of the 2008 financial crisis. Years later, over 30 and more than $120 million in real estate sales later, he’s one of the biggest millennial influencers sharing his wins, failures, and experiences for everyone to learn.

In this episode Graham talks about spotting opportunities, doubling down on where you put your efforts, his approach to investing, and how he beat the market with a monkey picking investment stocks.


Before you think he had a lucky break into real estate, Graham breaks down how much free work he did to learn real estate, make money, and gain mastery.

Struggling to see opportunities when everyday feels like doomsday is normal. On this channel we find ways to struggle well, build skills, and put those skills to work and build your success brick by brick.



QUOTES:


“I just look at the data and that makes me feel safer.”


“I would work with him for free. I would do anything he wanted for free, and I just wanted to learn and any business that I brought in we would split 50/50.”


“If I’m going to be able to get the information, the contacts from somebody that’s already doing it well, all day I’d work for free!” Tom Bilyeu


“Whatever I’m spending, 10% a year I could be getting forever.”


“If all you know is failure, why would you trust the process of thinking any different?”

“The way you feel about money is highly uncorrelated to how much money you have in the bank.” Ramit Sethi


“Saving money is important, but spending money is also important, [...] if you don’t learn how to spend on things that are meaningful to you, then you can accumulate a lot of money over time, but you won’t actually know how to use it.” Ramit Sethi


Follow Graham Stephan:

Website: https://www.grahamstephan.com/

Twitter: https://twitter.com/grahamstephan

Facebook: https://www.facebook.com/GPStephan/

Instagram: https://www.instagram.com/gpstephan/

YouTube: https://www.youtube.com/c/GrahamStephan?app=desktop


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Sponsors:

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Search for Travis Makes Friends, give him a follow, and check out a few episodes. And if you leave a review,...

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