23: From $0 to Self Made - How to 300X Your Investment
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 30 September 2016
⏱️ 76 minutes
🧾️ Download transcript
Summary
In this episode we do a much anticipated deep dive into co-host Johnny FD’s personal story on how he got started by investing in himself way before he ever bought REITs or ETFs. Most importantly how he made his first dollar even before what he's already shared. He talks about the life lessons he learned from his parents, his first job and how all of that played a part in preparing him for success.
Relevant links for guest:
Where are we:
Sam - Graz Austria
Johnny – Chiang Mai Thailand
Recommended (books, subscriptions):
Johnny FD - LifeChangesQuick.com
Johnny FD - 12WeeksinThailand.com
Tim Ferriss – 4 Hour Work Week
Discussed (relevant links):
Johnny FD: MVP Hacking - Minimum Viable Product (2016 Nomad Summit) -https://www.youtube.com/watch?v=mi926o5rlFA
Digital Entrepreneur Conference - Nomadsummit.com
Muay Thai Blog - Myfightcamp.com
Broke? Here's How to Start Making Money Online!
ILAB 02 – From $1k to Future Millionaire: Johnny FD’s Investments
ILAB 10 – Empire Flipper’s CEO: Investing in profitable, cash flow websites
Transcript
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| 0:00.0 | Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. |
| 0:08.8 | Join us each week for exclusive interviews with our network of modern investors, business owners, and multi-millionaires to discover new ways to invest our hard-earned cash. |
| 0:17.1 | Everyone, welcome back to another episode of Invest Like a Boss. This is episode 23, and I'm back with my co-host, Johnny F.D. |
| 0:24.1 | What's up, Sam? I'm back in Chiang Mai. Missing Europe a little bit, because you're out where in Vienna, in Austria? |
| 0:31.2 | I'm in Austria, yeah, yeah. Graz, actually. Never heard of it, but that's where it ended up last night. |
| 0:57.7 | So while Europe is missing you, I miss traveling with you. We had a very interesting trip through some countries I never thought we'd ever visit. Yeah, I did a count of how many countries I went through in the last couple of weeks, and it was something like 14, which is insane. Well, that's incredible. So you're going to be on your path to 100 pretty quickly after that little summer vacation. Yeah, and it's been fun because I did some math. And even though I spent |
| 1:04.9 | a ton more money traveling in Europe than I would kind of bootstrapping my normal life in Chi Mai, |
| 1:10.4 | all of that was paid for just |
| 1:11.9 | through passive income. Fancy. That's amazing, man. I'm interested in your cruise expenses because |
| 1:17.6 | sometimes those things can actually be very affordable if you don't go crazy once you're on the boat, |
| 1:23.6 | right? Yeah, and the funny thing is on the boat, people spend a lot of money. And it's because |
| 1:29.3 | they're trapped and there's nowhere else to buy anything. You can't price compare. You can't |
| 1:33.2 | go on your phone and see how much it would cost somewhere else in a store because you don't |
| 1:37.3 | have internet. Or if you want to pay for internet, it's $300 for a Wi-Fi package. It doesn't |
| 1:42.5 | make any sense. I guess it's just because you're a captive audience and there's no options. But I think the cruise lines would pull such a more professional audience. I know a lot of people that would stay months and months on cruise boats if they could get decent internet. But right now it's just it's not an option anywhere in the world that I've found. Yeah. So hopefully one of the younger cruise lines like Carnival, they might kind of get it. I know they have a $5 social media package now where pretty much 100% of people sign up for because it just gives you access to like Facebook, Twitter, and Instagram, which connects people enough where, you know, they're fine doing that. Then if you want to use like email and things like that, it's 10 bucks a day, which is still, |
| 2:20.3 | it's fine, you know, like I'll pay that. |
| 2:21.8 | But to pay $299 to use the internet on celebrity, it was ridiculous. |
| 2:27.7 | Yeah, and then you just end up at the customer service line right after the cruise is over, |
| 2:32.9 | complaining because even though you paid the |
| 2:34.6 | $300 the internet only worked like one out of 20 minutes and it's not even fast enough to |
| 2:40.8 | download your emails and stuff so it's just it's a nightmare surprisingly celebrity stepped |
| 2:46.0 | it up they actually have really good like fast service now so at least they have that part of it |
... |
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